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1101  Economy / Economics / Re: Gold Losing It's Shine? on: October 08, 2015, 07:45:42 PM
I think that gold is very precious and most trusted asset through out the history of mankind.It will always remain an important player to measure the value of the currencies even in future when only digital currencies will rule the financial system. Gold's shine can never be dimmed not even little.Recent decline in price of Gold was after effect of price hype which was created by elite now price is very fair in my opinion.
1102  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: October 08, 2015, 07:43:46 PM
I think practically its impossible that bitcoin will down to a such price, there are many big players who are holding a fortune in bitcoin, early adopters will save us if the price fall too much, they are not only dumpers but buyers also, they are the big portion of the demand. Now put all the merchants that are using bitcoin and which are experiencing a good gain with bitcoin and you have the perfect space for a business that will not die so easily.
1103  Economy / Economics / Re: How to save money. on: October 08, 2015, 07:38:48 PM
There are so many ways to save the money. Start with the small savings then convert them into the huge one, set some saving goals for your self. Prepare a budget plan, identify the expenses and review it on weekly basis and make sure to reduce the expenses which are costing more.  At the end you will have exact idea whether to increase the income or reduce the expenses.
1104  Economy / Economics / Re: 62% of New Millionaires come from Asia on: October 08, 2015, 07:29:38 PM
There are New Millionaires in the Asia and they will be increased day by day, its because of their growing economy. Asia is going through huge economic development. There is a huge growth in the Chinese and Indian economy, they are the main reason for the development in this region. This number will be increased in future also as its just start of their economic progress.
1105  Economy / Economics / Re: A Resource Based Economy on: October 08, 2015, 07:22:36 PM
I think we are already living in a resource based economy. Is the world economy today not already "resource based" in large part? How is it beneficial to give this concept such a vague name? It's hard to be against something as broad as a "resource based economy", it's basically something that goes without saying for economies everywhere to some degree.
1106  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin on: October 08, 2015, 07:17:49 PM
I believe that bitcoin has very bright future ahead, in coming year we can see good news from many countries about bitcoin. There has been significant increase the bitcoin users and it is getting more and more popular. Every countries should accept and regulate the bitcoins  which is good for the future of bitcoin, i would like to see the prices of bitcoins touched to $ 1000.
1107  Economy / Gambling discussion / Re: Getting a living from Gmabling alone is possible? on: October 08, 2015, 07:11:06 PM
I think that people can not get living just by gambling alone.I would say even if you keep gambling and have other source then to will be hard to get living if gambling becomes addiction. To earn something you need to win each time whereas to loose just few hands and work of few days is finished and you start again from zero so its very difficult to depend on gambling.
1108  Economy / Gambling discussion / Re: Cricket match prediction discussions on: October 08, 2015, 07:07:11 PM
India was not winning series anyway so let it behind and move on to next match which is tomorrow between Zimbabwe and Ireland.I am going for Ireland to win against Zimbabwe in upcoming ODI match.Ireland is good fighting team and has defeated world class teams in last worldcup matches.

Yes, we should concentrate on next matches for betting. South Africa had already won the series by 2-0 so this match was not so important for the series, but there were chances to make some profit from this match for which many people are disappointed. Lets concentrate on next match between Ireland and Zimbabwe and there are many chances to book some good profit.
1109  Bitcoin / Bitcoin Discussion / Re: What do you do with your idle coins? on: October 06, 2015, 08:25:47 PM
You can just save your bitcoins or can invest them. I would prefer to save them so that in future if there is a increase in the price of bitcoins then we can book some profit by selling the bitcoins. Because I believe that the future of bitcoin is very bright and one day bitcoin will be very popular and the demand for the bitcoins will be increased, ultimately the prices of the bitcoins will be increased.
1110  Bitcoin / Bitcoin Discussion / Re: What's your favorite thing about Bitcoin? on: October 06, 2015, 08:20:36 PM
Bitcoins are getting more popular because of its unique features. Bitcoin have a finite supply which means no one can create more Bitcoin than the specified amount unless everyone agrees. The amount of Bitcoin in an address can be verified publicly which means no one can lie about their total amount of Bitcoin in an address, especially useful for exchanges. Micro transaction and the transaction fees are almost zero or we can neglect it, these are few good things about bitcoins.
1111  Bitcoin / Bitcoin Discussion / Re: Which Bitcoin Client do you use and why ? on: October 06, 2015, 08:14:16 PM
Most of the time I use blockchain.info because It's really user-friendly, you can navigate through bitcoin blockchain and because you can use it on your smartphone with blockchain.info app. It's really good option for those who doesn't own much bitcoins. If you feel ensured that you can take care of your bitcoins and secure them yourself then you should use desktop wallet.
1112  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: October 06, 2015, 08:07:33 PM
I think that its better to prefer for some better signature campaign and start working on it and start earning my bitcoins because smart work is better then a hard work so at present would love to act smart and start earning through the signature campaigns. And in future would go for trading for sure. But I will never mainly depend on gambling for the source of growing bitcoins.
1113  Bitcoin / Bitcoin Discussion / Re: In your own words: What is the purpose of Bitcoin? on: October 06, 2015, 07:31:58 PM
The idea behind a bitcoin in that each digital coin has a unique ID, so you change IDs. This is similar to banknotes which have their own ID number but though no one checks it. It is meant to be used in place of money transfers which are based on account information rather than an exchange of something, so bitcoins work more like cash that other digital money exchange systems.
1114  Economy / Economics / Re: How to save money. on: October 06, 2015, 07:06:48 PM
Reduce your expenses by spending on unwanted things, unwanted i mean to say is that find alternate way which costs you less avoid paying for cab just walk instead to office avoid going to gym go for jogging in early morning that will save your gym expenses. Each week, put some of the savings in a special account towards something you know you will really want but cannot afford. When you save enough to meet your goal, you will feel wonderful when you can buy it for cash from that saving.
1115  Economy / Economics / Re: bitcoin investing on: October 06, 2015, 07:01:04 PM
so, what id like to do is invest bitcoins to a stock or mutual fund account, but am not sure the best way to go about it. any tips/advice?

I heard so much about this biticoin and investing in it is a very good idea specially right now that it is not very popularized yet I mean not everyone knew about it yet. Time will come that not everyone can have it because it is very expensive.

Its good imagination. Do not know whatever you said will it happen are not.

If you don't know what to do with you bitcoins then just hold it and watch out for the price movements and if it go up and your happy with your profits then sell. Another way you can try to lend some coins on this forum to make a some profits from your coins.
Its all depend on you what type of investment you will do. but its better to invest in stock market because you can secure your investment.

Not if another crisis happens, your broker/bank/insurer can all go from 1 day to another, and you lose all your investments.

The stocks you hold in your brokerage accounts are not yours, the broker holds custodianship of it, so if the broker goes bankrupt, as part of liquidation, it will sell your stocks, and you will be left nothing.

Apart from that 10,000€ investment insurance, you will get nothing (and if the insurer goes bankrupt , then not even that).
But still its better to invest to stock than to invest in mutual funds and i think when the time you invest hope that theres no crisis will happen.

I think it's not backed by anything real. Some might argue that neither is our current financial system, but the world relies on it and, for all its problems, it always seems to bounce back after it takes a hit. If the bubble bursts on bitcoin - and I think it's in a bubble stage or close to it - or other similar e-currencies, it'll be a LONG time before anyone trusts it.
1116  Economy / Economics / Re: Good read on the future of the dollar on: October 06, 2015, 06:57:04 PM
I think dollar will be collapse in future but will remain the main currency for international trade. Yes it does not look good for years dollar its falling against the euro and british pound and it aint fighting back so the future is not so bright. It also depends on a lot of things and factors like interest rates, the growth rate of the economy and growth rate of other economies etc.
1117  Economy / Economics / Re: The future of the paper money on: October 06, 2015, 06:49:55 PM
I believe that paper money will remain the main and popular mode of payment in future also. I think paper money have its own importance and will never dead. Though people are started using debit cards, credit cards and other digital currencies, there are some transaction which needs to be deal in traditional cash only. Paper money will be always the main mode of payment for day to day transactions.
1118  Economy / Economics / Re: Why people dump their Bitcoins ? on: October 06, 2015, 06:42:52 PM
There are several reasons for which the people are dumping their bitcoins. Many people have bought the bitcoins for the investment purpose if they think that there will be decrease in the price of the bitcoin then they start to sell their bitcoins. Some people are selling their bitcoins for some immediate cash and emergency money, some people are selling because the risk of loosing their money if the price of the bitcoins falls.
1119  Economy / Gambling / Re: Cashback for your gambling losses on: October 06, 2015, 05:59:03 PM
I don't think that it is possible and practical to receive full cashback on your gambling losses but there are some sites which are providing some minimum percentage of your losses via cashback. But i don't think that its good for gambling sites and casinos to follow such cashback offers.
1120  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: October 06, 2015, 05:30:16 PM
I don't think that gambling is wrong if you are playing just for fun and you have total control on yourself as when to stop playing and make exit. There is nothing wrong with gambling. As everything in life "the dose makes the poison", meaning that as long as you don't exceed yourself and get everything under control, so it does no become an addiction, you should be fine.
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