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4481  Bitcoin / Bitcoin Discussion / Re: what happens to Bitcoin if internet goes down? on: March 24, 2016, 07:15:50 PM
Well with a war happening ont the begining of such stage,i believe some people would die before the war even start,some had invested all economies at it,imagine you wont be able to get it or to the bitcoin get hacked since the hash would be providind the huge protection as before,soo if internert returns it would be a hit and a depply hit into bitcoin .
Yes that kind of war situation also would not involve all the countries in this world. So, there is no possibilities for the power to go down the same time in the entire world. But anything would be happened beyond our expectations and control.
4482  Economy / Gambling discussion / Re: If you were rich, would you still gamble? on: March 24, 2016, 06:44:46 PM
A lot of people here gamble to become rich, but some do it for fun.

The question is, if you wake up tomorrow with 50 million dollars, would you still gamble for fun, or would you forget about gambling and do other stuff?
I would like keep half of it aside and gamble with the rest. Its fun to gamble and more fun when you are rich lol. I mean if you good at it you can even win more since the money gambled will be more.
Many people will of course gamble. And the gamblers are often rich, because they have the money to waste it.
Poor people cant even gamble because they need their money for their daily life stuff. So there are only rich people.
You are true, poor people cannot afford to play gambling with their money they even hardly afford their lives , only rich people play gambling and can afford to pay for their losses at there.
4483  Economy / Gambling discussion / Re: Why is gambling so addicting? on: March 24, 2016, 06:39:08 PM
Gambling is very addicting because its enjoying and people think they can make money fast and easy.
This is in most cases not gonna happen because you will need luck to win.
It's enjoying, unquestionably. Most of the time people are addicted to gambling because they think it's the fastest and easiest way to earn money without working. Most of them are wrong (obviously), and that is why there is a lot of gamblers are broke. It's fun, fast and easy, but it's not the ideal way to earn money.
of course it is not an ideal way to make money though if you get lucky enough you can easily make some good money out of it and maybe even make a living out of gambling

it depends on what type of gambling you like to play, if its poker you can definitely earn decent money from others

yes and once they lose few times.. they get frustrated and want to win it all back from one single bet.. but that never ever happens.

it happens a lot. in fictional products like movies, books, manga... since it makes them much more exciting. but they create a dangerous illusion about that one single bet to win all back.
Yes the money once is lost in a gambling is not to be thought to come back, but some people do not understand it and want it back to play again and again and so losing all the time he tries to play.
4484  Economy / Gambling discussion / Re: Gambling should be considered as a Sickness!! on: March 21, 2016, 06:40:44 AM
Gambling isn't a sickness lmao.

Gambling addiction is, its a very important distinction that needs to be made here.
But the core reason is gambling. If you play gambling, you will get addiction which leads to all the problems. So, we can simply summarize the root cause of problems as gambling. I also consider gambling as a modern age sickness to our society.
4485  Economy / Gambling discussion / Re: Is Bitcoin the future of online gambling? on: March 21, 2016, 06:36:38 AM
Undoubtedly Bitcoin is the future if it withholds its value. Bitcoin is anonymous which means anyone can do it, even in country's where its banned. If it's peoples only option, they will do it no matter what.
But bitcoin prices has nothing to do with its success in gambling industry. I mean the value of bitcoin does not matter for its success for in any industry. The value will only decide how much amount of bitcoin we are going to transact.

But the success of bitcoin in gambling industry is based on its features. Bitcoin has all the features that suits for any industry including gambling.
4486  Economy / Gambling discussion / Re: T-20 World Cup match Predictions and Players performance thread....!!! on: March 21, 2016, 06:30:17 AM
What do you think about match between Bangladesh vs Australia? Post your total runs prediction for both teams.
I guess if BD bat first,they could manage to score 145+. For oozes,they can bat well and get at least 160+ on the board.what you say guys?
I believe, in the match between Australia and Bangladesh, Australia will simply dominate as they have powerful batting and bowling department. There is no matter how much Australia is going to score to defend or going to chase. It is going to be one-sided match in my prediction.
4487  Economy / Gambling discussion / Re: Do you consider trading as gambling? on: March 21, 2016, 06:25:50 AM
Trading is definitely gambling to me you can lose and gain more money quickly.
both are risk but gambling have more high risk than trading and gambling is based on your luck but trading based on your skill because in trading if you have skill for speculate the prices and i'm pretty sure you will very rarely to lost your money



Yes, you have a greater chance of succeeding in Trading if you have the will and discipline of a good trader. Studying trends, good read of charts, and being not too greedy is just a few. Good skills plus some luck can be turn into good profit in trading unlike in gambling, it is mostly luck and only little skill.
But I do not see the greater chances of success with the trading. Because like gambling if you get greed while trading, then you will get losses. Even you have experience, knowledge and skill, still you need to rely on your luck to get profit with the trading. So, it is highly similar to gambling.
4488  Economy / Speculation / Re: Bitcoin will never reach $700 again on: March 21, 2016, 06:21:25 AM
I've no idea why people are saying this weird things. Bitcoin has done a great job the last couple of months. I predict i can do even better in a few more months.

People simply don't know what to think anymore. If the price goes up a few bucks, they will start to get over excited. If the price drops a few bucks, then people for some weird reason transform into full bearish mode which leads to these kind of threads.
Nothing wrong in creating this kind of threads. It is obvious human nature to getting excited or getting panic on seeing their investment going up or down respectively. I am sure bitcoin prices will test $1000 very soon. There is no base that will prevent bitcoin prices to reach $700.
4489  Economy / Speculation / Re: $1 million for 1 bitcoin.Here is how on: March 21, 2016, 06:18:02 AM
-snip-
It is really to much to expect for 1 bitcoin to raise to 1 million dollars,theres not even a single currency in history that raises to that level.
But bitcoin is going to create the history. Now people are comparing bitcoin to gold on ounce basis, when bitcoin moves into one kilo gram comparison into gold, then we can expect bitcoin prices riding in millions.
This is one simple example stating the chances for bitcoin prices to rise into million. There are lot of other possibilities also like trading in satoshi.
4490  Economy / Speculation / Re: Halving - Will we see a new price high? on: March 21, 2016, 06:13:11 AM
I highly, highly doubt that we will have the opportunity to see a new price high just from the halving, but considering the market, you never know.

I expect we'll see something more like $600-700, maybe higher than that.

It's unlikely to see a big rise like we have expected. But in terms of growth and potential it would not surprise me if we would reach an all time high this year.
Bitcoin is worth it.

I dont think we will be able to see an all time high this here as it wont ever happen again,for sure bitcoin price will go up but only a few percentage.
Your speculation is completely baseless. No one can predict exactly that only a few percentage of price surge is possible due to halving. Halving is in very big event, happening once for 4 years approximately, so we can expect a huge consequence in price levels of bitcoin.
4491  Other / Off-topic / Re: Are you buying bitcoins? Why? on: March 21, 2016, 06:00:43 AM
I don't buy bitcoins, I'm just getting bitcoins from faucets and from trading , and now I learned that I can also earn bitcoin here from signature campaigns
Yes, it is right that you can also collect bitcoins by earning them online but if you want a great benefit with the price increase after halving then I will suggest to boost up your earning as faster as you can or simply buy it.
4492  Bitcoin / Bitcoin Discussion / Re: Is bitcoin being used for illegal activities on: March 21, 2016, 05:55:19 AM
Bitcoin is being used for illegal activity of course, Like any currency in the world and criminals use any currency to try and get some profit from it. it's just the fault of those using it and not the currency itself.
Yes, we do not have to blame any currency, they are not created for the criminal to do their crimes but for the convenience of people, but are taken by criminals and started to benefit from it.
4493  Other / Off-topic / Re: What do you wish you could buy with btc ? on: March 21, 2016, 05:47:08 AM
i hope that i can buy a new gaming computer, a smartphone and lot of any other thing like food and household things
well, maybe BTC will help me to pay some of bills though

You would be able to buy all things for sure in future, let give some time to bitcoin to reach its potential and then we would be able to buy almost anything.


Yes the bitcoin itself has a really great future so its true that someday in the future everything can be bought with the bitcoin.
You already now see stores that are accepting it because they know the bitcoin will be very big globally on day.
even bitcoin have really great future, im not seeing any offline store accepting bitcoin though, but lot of online shop do
except using the debit bitcoin card on offline store who had mastercard logo on the payment
I think bitcoin is a currency invented for online use of international transactions while for local offline use we can use our local currency without any problem and delay. So, why to demand for it even in local areas.
4494  Economy / Economics / Re: Long term OIL on: March 20, 2016, 07:27:08 PM
Besides, the article headline is Warren Buffett's $1 billion bet on oil (i.e. price of oil going up or down), surely not Warren Buffett's $1 billion bet on oil industry (i.e. success or failure of the oil industry) as you pretend it to look. These are not the same, are they?

So who is actually drawing wrong conclusion and inspiring deliberate confusion?
As you say it is a bit complicated but I can say that if price of oil decreases from a value i.e cost of extraction then we have a bankrupted industry and if it rises from a value then rivals of oil can overcome and I think both of oil and oil industry have the same fate.

Now over the past few days the price of oil has increased to a small extent. If this increase continues surely industry will boom high and the east Asian countries will be the most beneficiaries.
But before achieving a high price for oil, I think the Arab countries will not have remain their oil wells with an oil as they have increased their output too much. They have to keep a limit on their outputs for the sake of future.
4495  Economy / Economics / Re: How too get rich on: March 20, 2016, 07:11:06 PM
I think going back to the past is just a science fiction kind of story. If you want to be rich, save your money or invest it to businesses. And there are some people also believe that by giving charity to the needy will make them even "richer". We never know what we will get in return by giving and sharing and becoming a member of the community.
Yes, now we have to forget about these ideas which are possible only in stories, it is now the time of reality. We have to work hard and have to reinvest all our earnings so as to become rich.
4496  Economy / Economics / Re: Will Bitcoin always be dependent on fiat? Is it? on: March 20, 2016, 07:00:55 PM
I think not, btc are still new for people. Maybe in future it will be independent but now we have what we have. But it's also not so bad, eveything dependent on smth

Yes it is still in maturity stage where it will be known all over the world even the people who aren't educated much will know that there is a currency like this that exist online. Maybe that way they will pursue an education in how to use a computer.
Yes, in this time it requires to be flourish more and to get more awareness among the people after that there may be some chances appear that it will become independent of fiat. I think it will take about more than 20 years.
4497  Bitcoin / Bitcoin Discussion / Re: A teen is given $1K to invest into Bitcoin - what would you recommend for them? on: March 20, 2016, 06:04:27 PM
Well, I believe the best and safest way is just by holding it and wait til the price increase, because the teen wouldn't lose anything and the price would definitely increase...
If the teenager is new to bitcoin and do not know that how and where to invest it then definitely he/she have to hold them as for them it is the only way of investment and to increase it.
It is true that he/she have to hold their bitcoin but at the same time they have to give some time to learn about the price strategy of bitcoin and its trading, so that in time when there is insecurity of price drop they will secure their money.
4498  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM on: March 20, 2016, 05:55:14 PM
There is not a single ATM in my whole country, not even in a single city so it is impossible to use it here  Huh
They are distributed/created on the selected areas according to the number of people interested and adopted it, in an area if the use of bitcoin increase then there will it created I think.
4499  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin trusted to put your real money on: March 19, 2016, 07:20:13 PM
Yes, it is trusted to put your money in bitcoin but the price is untrusted, currently it is increasing and will increase the whole year , but after halving everyone will sell their bitcoin which will drop its price, so be alert, when the time of selling comes.
Yes, it is true that the price is now increasing and at the time of halving it will touch the moon, but it is not sure that after halving the price will go down as there are a lot of other uses of it so people will keep them.
4500  Other / Off-topic / Re: Earning a living with bitcoin? on: March 19, 2016, 07:12:35 PM
I don't think services,mining,signature campaigns and trading are stable incomes. For example 1 month noone will buy your services, the alt coin prices may crash to the ground, the signature campaigns may close shop and the trading may lead to a loss. Stable income is when you receive a fixed pay every month by an employer.

If you offer services and you have a good feedback to other who have tries your services then you will surely get a monthly income.
It really depends on how good you do your job,if you are sloppy then you wont get any monthly income.
It hard to have that of course. But you need to make an good investment and also have to work hard. That is important.
Otherwise it is not possible. But that also depends on the value that Bitcoin have and you never know that what it will be in the future.

Even if the price of bitcoin skyrockets we cannot afford to rely only on bitcoins, as we know that higher price is not permanent and it can fall back down in future.
But I think now is the time of bitcoin and hope that bitcoin will never destroy and will at least to to stability, so it is not a risk to adopt bitcoin to rely on it for our earning a living . The price will definitely increase more in the coming future.
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