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401
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Other / Archival / Re: Where you get Bitcoin ?
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on: August 17, 2016, 09:09:39 AM
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i started with faucet then get tired of it. and then do some gambling and getting a nice profit but most of the time is -profit. haha. thats what gambling is. and now im in this sig campaign and hopefully to get some good income in this forum. well there are other good faucets around there though.
Faucet is a good start to get Bitcoin mostly (mine also) is started with faucet and my friends told me that to earn bitcoin by posting on this forum also many giveaway in here. That must be hurt you after your hard work with faucet I know that's not easy but you lost it in gambling, I prefer don't gambling from your work but better just use their faucet in their site that's would be good even it's not big but atleast you'll get some fun. Faucets will pay you low but it will add some value to your wallet and in gambling you will loose everything that you have, so its better to choose the way from where you can earn it and not to loose it. |
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402
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Other / Off-topic / Re: What will you do if you own 21 BTC?
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on: August 17, 2016, 09:06:47 AM
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It is enough for retirement?  enough if in the future price of bitcoin is in the range $100,000. but this does not seem realistic. so you must have at least 100 BTC to retire. because realistically the future price range $1k-5k Exactly if you want to have comfortable and luxury retirement then you should have at least 100 btc as we don't know what value it will hold so its better to try to have maximum coins. |
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403
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Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever
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on: August 15, 2016, 12:55:18 PM
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I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
You should have a balance use of your bitcoins to enjoy it, we cannot just hold forever because there is no guarantee that the price of bitcoin will continue to increase, though it is promising but still it is very risky to fully trust all your investment. yeah, let alone the future of bitcoin is uncertain, and there are no guarantees. if we think anything can happen on online investments in the future. simply put not too much and take some profit on the trade is better than just kept holding I think. Trading is good in compare to holding as only holding will never help you in growing your coins, but with trading its possible to multiply your coins regularly. |
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404
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Other / Off-topic / Re: Do you actively spend your bitcoins?
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on: August 15, 2016, 12:53:34 PM
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I actively spend my coins on gambling and trading and sometimes to recharge my cell phone, and whatever profits I am earning from gambling and trading that I am saving for future.
Why are you wasting your coins in gambling? I am sure you wouldn't have made good profits from it as everyone looses in long run, better you should save it for future. I think gambling not always wasting and lose if you know how to control and manage yourself at gambling, because i also spend my coins in gambling and i'm not always lose on gambling. You may not lose always, but at the end if you calculate it you might have lost more worth bitcoin. You will realize that if you have saved it, it reaps you more profits at that time than wasting in gambling. Exactly if you save your bitcoins for future then whatever profits you will be earning will be higher in compare to gambling for sure, as the percentage of loosing will be higher in compare to winning in gambling. Yeah right.. i dont why they are not calculate all their gambling how much they lose and how much they win.. honestly if you calculate it you will see that you lose a lot more than you win. So its better to save it for the future and make your own business online that you can make a profit with your business. Spending bitcoin on gambling is waste of money, everyone knows what end result will be but still they invest there hoping that they will jackpot someday which seems to be unrealistic. That would only be a waste of money if you do not win, but if you win you will feel contented with the amount you bag especially when that is a big amount. But for people who are afraid to risk their money in gambling then they stay away or just play it for fun betting a little amount only. Yeah and if you are into gambling since long time and if you are confident that you can win it big then you should go for it or else simply invest that money somewhere else. In gambling, we do not need to fool ourselves and think that we can win though our record is not telling the story, we should accept the reality so in that way if we are that serious in gambling we can easily adjust our method and can improve to have a better chances to win. You may win once or twice but you cannot win every time and I am sure the amount that you loose will be higher in compare to that you have won, so overall if you look at the statistics then you will be in loss. If you can easily accept your defeat in gambling the better because that would limit your loses, some gamblers use rage in gambling which would make them a decision to chase their bets until they lose a bigger amount in the end. You should have self control in gambling and you should also have control on your emotions, and to make profits from it you should be aware what is the right time to quit. That's easy to say but it is really hard to do it, when you are gambling you are in the hot seat that you feel you own the world when you are too lucky and having a good streak, that situation is very dangerous as we let our emotions take over and not our brain to use in gambling. Its really easy to say when you are not playing gambling but in the true situation its really hard to do it because you would lose your self control and the greediness is overcoming you already which is a really hard thing to control. If you cannot have control on yourself then its better not to gamble at all, as at the end of the day you will be on loosing end and if you lack self control then it will result in even huge loss. Gambling is not meant for all of us, but there are people who are earning a living with gambling, and that is really risky way to handle a life as what if luck doesn't favor them in future, I think they will be on streets begging for food. |
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406
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Other / Off-topic / Re: Bank or Bitcoin Wallet?
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on: August 15, 2016, 12:48:34 PM
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Hmm for me it is best to use bitcoin wallet because i dont have bank account where i can save money i use bitcoin wallet because i use bitcoin currency where i use it for investment. SO that i can earn money without doing anything and the bitcoin i earn in signature campaign is not that much but still i have a bitcoin
I do not agree with you mate, yet bitcoin wallet is good for bitcoins but choosing the bank would be the more safer option that using the the wallet to store your hardly earned money.If some thing bad happens we can go to bank and ask question and meet them in person.But in bitcoin wallet we cannot do anything just can send emails to them but can do nothing if they dont solve our issue. If you loose your money in banks with their negligence then you will get full support from banks to recover your money, but that is not possible with bitcoin, once its gone, its gone forever. |
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407
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Other / Off-topic / Re: 2017 Year of the Bitcoin
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on: August 15, 2016, 12:46:21 PM
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I predict that the next few years bitcoin prices could be greatly improved. with the movement of the current bitcoin is growing, the number of users bitcoin will be many more. some people have even speculated that bitcoin digital currency will be recognized by the world.
Well, actually what you are saying is right, bitcoin is becoming a global currency already although this is not so popular in the world. Wise people use bitcoins in transacting online to save from the high cost of other payment processor while wiser people invest on bitcoin and bet on the future of it. Well as of now that is the fact that bitcoin is not really that popular at all but as the time goes by for sure it is going to become popular at all and many people are going to use it and going to have conscious about bitcoin. And it is possible to happen in 2017. For the small range of time for having it is going to happen. It mainly comes because of people not understanding what Bitcoin is. If I ask some of the people I know, what is Bitcoin? They say that they have seen it in the media that the price is going up, or that something bad happened, but that they don't know what it really is. If I didn't explain the basics of Bitcoin, then they still wouldn't even know what Bitcoin is. Almost every person I know personally doesn't even have any idea what bitcoin is. Fact is, even if I try explaining it to them, they simply don't get any interested in bitcoin at all, which is kinda disheartening but I still respect them. That's true not many are interested in knowing the concept of bitcoin, either they don't trust it or they don't have enough time to give it as everyone's first priority is to focus on their day job. |
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408
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Other / Off-topic / Re: Are you buying bitcoins? Why?
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on: August 15, 2016, 12:44:28 PM
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buying bitcoins is for get profits from make trading with altcoins
also for future investment still believe bitcoin price will more high & high future
buying bitcoins is a long term strategy to make a good profit I'm guessing most bitcoin users are buying/holding bitcoins for profit in the long run because looking at the past, we can obviously see just how much bitcoin has gone to. In the near future, bitcoin would surely be of higher value that what it is right now. To earn higher profits from it you should hold it for long term, as price will be beyond our imagination in next 5 years so if you can afford to hold till that time that it will be the best financial decision of your life. |
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409
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Other / Off-topic / Re: Why do you have Bitcoin?
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on: August 15, 2016, 12:42:41 PM
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I do have bitcoin because it gives me ability to earn in a much simple ways as a student i surely do have to buy all the requirements which sometimes my parents cant afford. That is why i was very thankful to know about this forum
Bitcoin sure helps students earn money while studying. It also helps those who cannot get regular jobs to earn some money. But we should not just focus on the immediate benefits. We should also remember that bitcoin is here to free us from the bound of fiat. Bound of fiat.  We are bounded in it for many years and I think it will take some more to bring it down. Those who cant afford to have a smartphone and a PC cannot have this one yet also. Maybe if some paper could be created with bitcoin in it. But that would take a lot of support also from the government. If bitcoin gains physical form like fiat then we may see major growth in the users of bitcoin, as everyone have faith in something they can hold physically in their wallet. |
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410
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Other / Archival / Re: Do you use bitcoin as currency or investment?
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on: August 15, 2016, 12:40:30 PM
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I use it is just as a currency. Making bitcoin with commenting and a little bit of gambling and cash it out and spend on my daily needs. Nothing smart. I would like to use it as investment, but unfortunately I don't have free money at all.
I think you can still invest in bitcoin even if you do not have enough money. you can still earn bitcoin by various means and methods then after you have many bitcoin you can begin investing in various sites or try to hold course if you wont to take risk Right. to go to find bitcoin easily and the result is good is to use a signature campaign. The results of the signature campaign could be used for investment and trade so they can earn more profits. Bitcoin is more appropriate if used for investment because we can take advantage of price fluctuations so that we can make a profit if you invest. And the fact is we don't have more options to use it as a currency at a moment so most of the people are using it as an investment for the future to earn better profits in future. Yes I use bitcoin for investment. Because bitcoin fluctuating and if we can take advantage of us would gain so it is more suitable when used investment. yeah besides having fluctuations that can give you a big advantage. bitcoin investments also include investments that have potential for big profits in the future. many people predict that prices will rise in the future. Akua hope it could happen Speculation can be either right or wrong as we cannot totally depend on it as we know that its impossible to predict the future but lets hope that we see higher price in coming months. Price is going down and its not at all an good sign for an investors who have invested their money into it, as everyone was expecting price above $650 at this stage but unfortunately its going the other way. A blindfold would help a lot for now. We cant spend it we cant move it or exchange to fiat. Just be blind and be patient is all we can do. Have patience and wait for next few days, price will start to rise as this is not the right time to sell as price is really low at a moment so it will be an unprofitable decision to make. |
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411
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Economy / Speculation / Re: Bitcoin will go up this week
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on: August 14, 2016, 07:12:31 AM
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Was there any other reason for the price drop last week other than the Bitfinex hack?
If not I can almost guarantee it will be back up to $650 within the next couple weeks.
If I had a few thousand dollars extra right now I would definitely buy a couple coins.
There was not any other reason for the price drop last week other than the Bitfinex hack. Without the back, the price could be $700 now. Even price went down after bitfinex hack the best thing to see is price has started to rise slowly now and we can expect much higher price in next couple of months. The bitcoin price has already rebounded to $592 after the recent price drop. I think it will be $600 in the next few days. The price has stay at range $590-$595 for a few days sadly the gap only $5 it's really hard to hope get a profit. yes i hope soon can touch $600 I think $600 will be touched in next 1 or 2 days and its not difficult now, real satisfaction will be when again it crosses $650 mark and it is possible to reach in next month. Well we dont know if the price will hit again in few days but the price right now is 596 according to preev price so i think the price will go to 600 soon.. just lets hope that the price will hit soon. In the Poloniex exchange, the bitcoin price has already hit $600. In the next few days, it could reach $600 in other exchanges. It seems Poloniex is quite active recently. The trading volumes there including all the coins is the highest. I think the people who lost their money in bitfinex are diverting their investments to poloniex and started to trade on that site as it is the most trusted site at a moment. |
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412
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Economy / Speculation / Re: Bitcoin will hit $3k-$4k by end of 2017
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on: August 14, 2016, 07:09:34 AM
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I don't see it going that high by next year, but it could definitely see around $1000 again.
If the bitcoin block size is increased to 2MB or even 4MB, the bitcoin price will rise to $2000 or $4000. I don't think there is any connection between block size and price pump. But for sure 3k$ can't be reached within end of next year. May be price may get stable over 1k$ from end of 2017. There is no evidence that the price pump is due to the block size. The debate has been going on for months, so that's not the reason. On top of that, price spikes and drops are normal for Bitcoin. So there is nothing significant about this normal price fluctuation. Bitcoin surely has an potential to hit that price in future but the fact is no one knows when exactly it will happen, but if you are a long term holder then you will see that price for sure in future. |
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413
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Economy / Economics / Re: How too get rich
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on: August 14, 2016, 07:07:43 AM
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Who knows, i though i know but i am still not so rich, it means that i don't know how to do this. But i really want to know and i will do this, later Well, if you have no plan to be rich then you will not become rich, to be rich is hard if you do not have a plan to follow. Maybe you can call that as a wish to become rich and you need some miracles to be rich like winning in the lottery accidentally or find a lost bag with full of money in the steet. My plan is quite simple to get rich. I will buy some bitcoins when the price is low, and then hold most and trade some. If you need a plan to get rich with bitcoin then buy the bitcoins now as price is quite low now. Then you should invest in Altcoins as this will give you more profits as alt-coin prices increase more quickly. yes a good way to invest in altcoin, but you must be careful in choosing the coin, because in altcoin too many coins are to be a scam. but so far I see every person who invests in the ICO's they always get a huge profit. the last time that I know is a coin Stratis, investors benefit more than doubled. Choosing a right coin is very important, I invested my money in ETC and I have already doubled my coins in last 10 days, huge profit I guess. |
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414
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Economy / Economics / Re: How to save money.
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on: August 14, 2016, 07:05:42 AM
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You can save money by creating different portfolios of investments. We have to divide in ratio proportions how much we'd want to save and in what kind of investment scheme. The schemes could vary from Fixed/Recurring deposits with banks, trading in stock markets, mutual funds, Public provident funds and various other methods.
In savings you will not think of investment first, let us say you only receive a little amount of salary, the question is are you still gonna save? The answer is absolutely yes, you need to save as that is compulsory and that would take care of your future in case there are emergencies that would require you to spend money. Saving is actually good for the people who are not rich and are not earning a lot of money every month or everyday because if someone earns a lot he does not need to save anything because he will always have extra money, but the ones who earn a little that can only run their house for the day then they should just a small percent of it. Well for me i just save bitcoins for my future to use it in my own business or to buy an house and lot this is just my dream for my future and for my family.. saving is a good thing for those dreaming for their future.. if you spend a lot of money or bitcoin for nothing and you dont saving you will never be rich even you are making a lot of money. Saving is really important for future, in fact even if you are earning millions but if you are not saving then its useless, as you never know what future holds for you. |
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415
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Economy / Speculation / Re: Bitcoin price will reach $4000 after halving ?
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on: August 14, 2016, 07:04:09 AM
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i am not thinking that price will reach 4000$ but i think i will reach atleast 2000$ . since no one can accurately say that what price will be but in my openion the price will be above of 2000$.
I see no reason for bitcoin to go upto $2k USD anytime soon as it has not yet reached $600. Even I don't know whether the bitcoin price will achieve the $1k level by December 2016. Bitcoin is testing our patience since long time as its really taking long time to touch the $1k mark, and I think we still need to hold our nerves to see that price. |
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416
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Economy / Speculation / Re: 350 USD in August
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on: August 14, 2016, 07:02:41 AM
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Yes people who have lost their money in scam will not forget it easily as they have lost their hard earned money in it and they will prefer not to invest anytime in those sites.
People haven't actually lost money yet, because they have been given BFX tokens. They can always wait for them to be redeemed, if Bitfinex recovers. Of course, these people won't be investing additional money any time soon. Its really hard to digest when you loose your money in such scams and if you have invested all your money then it may make you bankrupt which can affect even your family. |
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417
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Economy / Economics / Re: Best way for steady income
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on: August 14, 2016, 07:00:35 AM
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If you are looking for small and secure income from bitcoin then only signature campaign can help you out, you can expect steady income from it on regular basis.
Your right that it can be steady income but not campaign are will steady alive in services section most them are early to close.. Also earnings from signature campaign is not enough it takes a lot of time before you can get or reach 1 btc. I think its better to study some skills that you can use for steady income.. or build a blog or site for advertising that can be steady income.. True Signature campaign is proven to be one of the steady income when it comes to bitcoin. Some campaign here have lasted for years while other are not, though others have closed some more campaign are opening to replace the closed one. But still have a daily job for steady income. Nothing beats it. signature campaign is fairly easy job with a fairly decent wages in accordance with the work that is not too difficult. according to my experience, the signature campaign a much better job, when I worked in real with a small wage, is also very hard work. even, I've got something good from the result of signature campaign during I belong. I really like this job, stable results without risk. Well, what more can I say, I agree that signature campaign is good if you belong to a campaign that will surely stay for long, one example is the campaign that you are promoting and since that business are still doing the promotion it is just right you will also receive a steady income, however the amount is not really that big. Amount is not big but if you are a part of that campaign since long time and if you are regularly saving those earning then you can hold descent amount of coins in your wallet. Small amount is better than have nothing at all. Those small amount would pile up and in the long time those amount would be big for sure. Most of the bitcoin earners would depend on what thing they would engage it depends on what they are seeking, if they like to have big earnings then they would probably search for more better things. Its better to have small and secure income rather then going for fast and risky income and signature campaign serves that purpose by giving us steady income. |
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418
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Other / Off-topic / Re: What do you wish you could buy with btc ?
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on: August 14, 2016, 06:58:38 AM
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I saw someone mention some things about wishing they could buy gas and food with btc ... I agree with them both, food especially. So what about you guys ? Anything that you wish you could buy with btc ? (legal things of course LOL  ) seems steam accept now bitcoin i got i want no need food Steam have been accepting bitcoins for a few months already. I just wish I could buy some food with bitcoins as well, especially burgers or pizza so I can probably brag to my friends that I'm buying them without actually having to take out my cash. I think there are few cafes in Europe where you can buy burger and pizza using bitcoins, but scenario is not same everywhere and it will take some more time it to happen. |
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419
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Other / Off-topic / Re: How kids can "earn" Bitcoin ?
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on: August 14, 2016, 06:55:42 AM
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i guess you're just joking telling your kids to do gambling and maybe will make them a gambling addict in the future
or it's just the way your mind to teach your kids,however,don't make any kids touching things which is related to gambling
or they'll grew up very bad
Haha, gambling is a game that is not good for kids even that was not good also for adults for causing negative effects. LOL To me, will never teach my child to gamble. Yes you say, it would make him have a bad behavior in the future. Even if you don't teach your kids gambling they may learn it on their own, as even our parents didn't taught to gamble but we are still gambling, same goes with them too. They would obviously come to know about gambling sometime but at that time they would be mature enough to know what is good or bad for them, but now if you teach them about gambling they would surely get addicted to it in coming time. We don't necessarily need to teach them about gambling with bitcoins though. We can help them earn bitcoins by introducing them to some games that offers bitcoins simply just playing them. There are a lot of them. chopcoin for example maybe? And I believe there are also minecraft servers that they can play in and be rewarded with bitcoins. No parents will teach their kids about gambling, but what will you do if they learn on their own? And even you won't come to know that your kids are into gambling. |
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420
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Other / Off-topic / Re: Why do you have Bitcoin?
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on: August 14, 2016, 06:49:29 AM
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Its an pure investment for me so I keep myself busy in earning and buying coins to a maximum extent to get best returns on my investment in future.
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