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1181  Economy / Economics / Re: Banks Suck on: September 10, 2015, 08:07:50 PM
Yeah, for the first time we have something that can go head to head with fiat currency, and people will vote with their feet. If bitcoin genuinely is better then people will just naturally start to prefer to deal in bitcoin rather than dollars, or pounds, or euros or whatever. There will be no restrictions on bitcoins and there will be no transfer fees like banks. You can be your own bank, no need to depend on banks to open for transactions.
1182  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: September 10, 2015, 08:00:07 PM
This is not a good idea to hold your bitcoins and not to sell them, it is risky as prices of bitcoins are continuously declining and there is no guarantee that in future the price of bitcoin will remain same or increased. On other hand if there is positive situation for bitcoins  and many countries have regulated the bitcoins , then there are chances to increase the price of bitcoin because there will be increase in demand for bitcoins. In that case we can hold the bitcoin that too for some time, which is safe and might be profitable.
1183  Economy / Economics / Re: How many people are using Bitcoin debit card? on: September 10, 2015, 07:51:10 PM
I don't think that many people are using Bitcoin debit cards. People are still not clear with the concept of crypto currency, many thinks that it is a scam and will loose their money, there is no future for bitcoins etc. Once all these doubts are cleared and people started trusting and using the bitcoins as mode of payment then there will be increase in the users of Bitcoin Debit Card.
1184  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: September 10, 2015, 07:27:42 PM
I don't think that it would be a good idea to quit your regular job and to work full time for bitcoin. There is a income from bitcoin but its limited and not regular, for the time being to work on bitcoin would be only for secondary income. I can not totally depend on bitcoins so no one think about quitting regular job. But if in the future there is big regular income from bitcoins then it is possible to quit the job and work full time for bitcoins.
1185  Economy / Economics / Re: Tell me your predictions about Bitcoin on: September 10, 2015, 07:07:23 PM
I think Bitcoin has great future ahead as more and more people are attracted towards it. The concept of cryptocurrency is new for the people but once they are familiar with the concept of digital-virtual currency then the use of bitcoins will be increased. There is a need for awareness and to improve peoples knowledge regarding bitcoins. Once the fear related to bitcoins removed then it would be beneficial for bitcoin in the long run.
1186  Other / Off-topic / Re: Do girls use Bitcoin ? on: September 10, 2015, 06:29:32 PM
Yes i do believe that girls must be using Bitcoins as it is really easy and simple to use and there are many online shopping portal which are accepting bitcoins as a payment. We all know that girls always like to buy beauty - cosmetic products, cloths and other accessories via online shopping portal so as per me girls can use bitcoins as a mode of payment.
1187  Other / Off-topic / Re: What do you wish you could buy with btc ? on: September 10, 2015, 06:22:02 PM
tickets to any kind of transport all around the world

Yeah, it would be great if we can buy the transport ticket with bitcoin but this is not possible now and not even in closer time. To purchase such tickets, Bitcoins needs to be approved and regulated by government, it has to be accepted universally as a mode of payment. Many countries are still not in favor of Bitcoins. But I would use bitcoins for online shopping only.
1188  Economy / Gambling discussion / Re: If you are going to gamble to make money, Please just kill your self . on: September 10, 2015, 03:36:12 PM
thats why i hate gambling
i might ruins someones life
you might win little first time but then you will lose all of your money saying : i am lucky now and i will earn money
please stop it and stop lossing your money

How are you going to ruins someone lifes? You do gamble on your conciousness not people asking to gamble so it is your responsibilities not other people, so you wont ruin their lifes except you keep using their money to gamble that is different problem


Yeah, same question. How can you ruin someone's life if you are gambling ? its you - who is  loosing the money and valuable time so its your lost not of others.
But its true that gambling can destroy the life of people if they are addicted towards it, don't have their own control and they are loosing their hard earned money. Gambling is good if you are just playing for fun.
1189  Economy / Gambling discussion / Re: do you play loteries ,did you won something on: September 10, 2015, 03:22:15 PM
I actually once played Lotteries, but it is very difficult to win so I decided to stop playing  Smiley

Same here, i had also tried my luck into lotteries but failed. As per me its waste of time and money, luck is required to win the lotteries. It is a gamble though,  The odds of winning are tiny but you can't win if you don't have a ticket and when you look at it, most weeks at least one person wins it.  The main thing would be gambling responsibly. Don't spend more than you can afford on it.
1190  Other / Politics & Society / Re: Why do people hate? on: September 10, 2015, 03:12:06 PM
Because they just don't understand others, no one wants to understand the next guy. People are jealous to others because of their success or something they can not achieve which someone has already achieved. People are afraid of what they don't understand or for some cannot connect with, their beliefs are sometimes manipulated, some people turn that fear into hate.
1191  Other / Off-topic / Re: what you like best in Bitcoin ? on: September 10, 2015, 03:00:01 PM
The best thing about Bitcoin is that we can carry any amount of Bitcoin easily - virtually. Bitcoins are easy to use, there are no transfer fees, its like our own bank and anyone can earn bitcoins by mining also. Many countries has shown positive response towards bitcoin and in the long run Bitcoin has a very bright future.
1192  Economy / Economics / Re: Government & Bitcoin on: September 10, 2015, 02:40:33 PM
Few countries have already banned the Bitcoin. I think it's a clear sign that this virtual currency can end central banking and control. Money is power and if everyone changes and adapts to bitcoins it could potentially mean we can get our control back. Banks are corrupt and deserves to become obsolete. No more bonuses to bankers, no more transfer fees. I may be wrong though the govt loves power and will do anything they can to get hold of it.
1193  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: September 10, 2015, 02:27:03 PM
Yes, Bitcoin has potential to become a global currency but its kind of self serving and narrow.  Bitcoin transfers are instant, regardless of the current price in FIAT, its an instant exchange medium, that's its main strength. Also, speculators do and will speculate on anything. All Bitcoin really does is speed and cut the cost of transfers from buyer to seller of goods. Due to such unique qualities Bitcoin can be global currency.
1194  Economy / Gambling discussion / Re: is gambling fix your life? or wreck your life? on: September 09, 2015, 08:39:37 PM
So in general , many got their life wrecked because of gambling. This is the real world of gambling. World of gambling must have a so called ecosystem to get this world balance. But how? It is not possible.
i think 99% have not profited in total of gambling, we just making the house rich Sad

Agreed, people are loosing their hard earned money and making the house rich, its a big problem. Gambling only becomes a problem when you become possed with it spending hours that you can not afford to playing the game or betting on a game. Most gamblers do turn to spending money. Small amounts that later turn into large amounts and then on to money they don't have and their life is wrecked.
1195  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: September 09, 2015, 08:30:08 PM
Gambling is not at all wrong if you are playing just for fun. If someone is addicted into the gambling and don't have their own control and if it is affecting their personal life, social life and also there is a load on their bank balance as well due to the loss in gambling then it is wrong. if it is just for fun and one has total control on their self then there should not be any problem.
1196  Economy / Economics / Re: Is it better to save money or invest it? on: September 09, 2015, 08:18:26 PM
invest is better than save so at least your money is growing regardless if interest or profit is small rather than saving it.
not agree, because not all investment is safe like you said, every investment same likes gambling you have risk to lose your money.


Agreed with you, its always better to invest the money than saving but there should be certain amount of saving in your bank in case of emergency and for sudden expenses then most of the amount can be invested into profitable venture.
1197  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: September 09, 2015, 08:11:21 PM
i pick bitcoin over gold. they are both can be mined. they're both avaible virtually and physically, they're also both a good investment but bitcoin is easier to mine compare to gold so i choose bitcoin

I don't think that its a good idea to choose bitcoin over gold. In the long run gold is safe and the price of gold will be increased. There are no restrictions on gold and  its easy to use, buy and sell the gold as it is accepted universally but in case of bitcoin this is not the same. There are just bunch of people who are using bitcoins and no one can predict the future of bitcoins. I will go for gold against bitcoin to secure my money  Wink
1198  Economy / Economics / Re: Inflation and Deflation of Price and Money Supply on: September 09, 2015, 07:59:24 PM
There will be deflation when the national debt keeps increasing. We need to shrink the money supply by paying off the debt to have deflation. If the money supply expands, we get inflation, if it contracts, we get deflation.  Isn't the money supply expanding every time the debt increases? Besides the money supply contracting, is there anything else that will cause deflation and vice versa. Smiley
1199  Economy / Economics / Re: Google Ad Revenue on: September 09, 2015, 07:50:55 PM
Google's ad revenue has been increased as per recent reports, its proven that there has been increased in the number of ads they sells and also in the money they make from ads. Major ad revenue comes from the youtube as many said before that most of the people are spending lot of time on watching youtube videos so its easy for google to get the clicks and traffic for their ads which ultimately results in the increase in revenue.
1200  Economy / Speculation / Re: Reason of the price fall on: September 09, 2015, 07:41:06 PM
Yes, its true that prices of bitcoin is falling but there is nothing wrong with it. Actually current demand for bitcoin is less than the supply, so the prices for bitcoins are lowered day by day. This is not a first time the prices of bitcoin has dropped, but there is always some corrections and then again prices go up to the some extend and it will be continue in the future as well.
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