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1  Bitcoin / Bitcoin Discussion / Re: Bitcoin, Crimes, and Terrorism on: April 10, 2017, 08:20:23 AM
Yes, There are multiple cases in which Bitcoins can be used illegally. Bitcoins bring with it, a notion of anonymity which allows people to transact without revealing their identity. This privilege can be highly misused. However all exchanges in the world mostly are following Anti Money Laundering and Know your customer Policy to avoid any illegal activity by any user of Bitcoins.
2  Economy / Services / Re: YO-EX Signature Campaign [Pay Per Post] on: April 10, 2017, 03:43:38 AM
Btctalk name : mastermold
Rank : Full Member
Current post count : 357+1
BTC Address : 15yni4guwAQJFvaaCcD9eN99FCY5cYYmjZ
3  Other / Off-topic / Re: Your favorite youtube channel on: April 09, 2017, 05:04:20 PM
My favorite top 3 are
TEDtalksDirector is a great channel that provides intuitive videos about "ideas worth spreading"
NBA adds cool videos and highlights of games during the season and the playoffs
LifeAccordingToJimmy is a hilarious channel mainly about college life
4  Other / Off-topic / Re: What's your favourite country? on: April 09, 2017, 05:00:39 PM
I would prefer to live in Australia or Sweden. I love the hospitality of Australians, I love the great weather & scenery. I love their cultures & food.
Another favourite country of mine would be Stockholm, Sweden. Europeans are laid back in nature & they enjoy life to the fullest. There's equality of the sexes in Sweden.
5  Economy / Economics / Re: How is the capital found? on: April 09, 2017, 04:53:28 PM
The key is matching the amount of capital and how you raise it to the nature of the business, strategy, potential, and business objectives.

1.  Capital intensive or not

Some businesses need almost no capital. For example, management consulting, graphic arts, bookkeeping, just to name a few. Others need enormous capital: steel manufacture, autos, and many others.

2. Business potential and aspirations

Furthermore, the level of capital for each business is a matter of a mix of potential, objective, ambitions, the nature of the business coupled with the size of the market and potential for growth and potential for investment. there's different potential, and strategies, between different businesses. Some are critical mass businesses that can be huge but have to grow big or won't succeed at all. Some are easier to grow organically. For some, the opportunity is so big that it's a good one to share with investors, keeping less ownership, because the investment can pay back well. For others, it's a great potential business for owner operators, but not for investors.

3. Who and where

And beyond that, what's realistically available depends not just on the nature of the business, its aspirations, but also on who the founders are and where the business is located.

Funding is easier to get in some markets than in others, and different in some markets. Angel investment, for example, is easier in developed countries than in developing countries. Foundation money and NGO money is more important in Africa and Latin America than in the U.S. Funding strategy needs to recognize those differences. The founder in Africa has a lot tougher go than the founder in the U.S., U.K, etc.

Outside investment is much easier to get when founders have already done startups than when it's their first time through. Credible founders have a much easier path to outside investment.

Friends and family investment is much more available to those who have friends and family with means than those who don't.

Bank loans are available to people who have assets to pledge, and not to people who don't.


As I said in my first sentence, the best way to find financial capital when starting a business is the way that matches the business, its potential, and its founders.
6  Economy / Economics / Re: books about economy on: April 09, 2017, 04:41:43 PM
Here are some suggestions for the books on global economy
The Predator State by James K. Galbraith
SoRich, So Poor by Peter Edelman
Marx's Capital, David Harvey
The Competitive Advantage of Nations by Michael E. Porter
7  Local / India / Re: I have 1 lakh rupees to start trading in India. Please give me your suggestions. on: April 09, 2017, 09:47:01 AM
Believe me no one can exactly tell you where you should invest this amount until and unless your current financial situation , risk taking capability, your goals are known. You must invest this money in mutual funds. As per your needs their are various schemes in mutual funds for low risk taking and high risk taking , short term investing and long term investing etc.

You must consult a well qualified and experienced financial advisor to get your plan made.
8  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto? on: April 08, 2017, 12:56:06 PM
I don't think people should look for Satoshi.  He served his purpose and rightly exited stage left before those not in favor of innovation in finance dragged him in front of congress to explain his creation.   

As those who benefit every day from the work that he did, I think it's inappropriate to take his disappearance as a challenge when it's clear he's just a normal guy who wanted to help the situation but didn't want to sacrifice his life to the cause.

Respect that.
9  Economy / Services / Re: BIT.AC Signature and Avatar Campaign(Fixed Rates)[NEW] on: April 08, 2017, 10:28:50 AM
Btctalk name : mastermold
Rank : Full Member
Current post count : 347+1
BTC Address : 15yni4guwAQJFvaaCcD9eN99FCY5cYYmjZ
10  Economy / Micro Earnings / Re: Any legit profitable faucets? on: April 07, 2017, 05:40:54 PM
in my experience, the Bonus Bitcoin is the most trusted and highest paying bitcoin faucet.

-It pays between 100Ė5000 Satoshi per claim
-You can claim every 15 minutes
-The minimum withdrawal amount is 10000 Satoshi
-Payments Are sent directly to your wallet
-it takes 24Ė48 hours for payments to be funded
-50% referral commissions

Everything you need and expect from a faucet.By the way I have tried it myself and it does pays.
11  Economy / Gambling discussion / Re: Is it a sin to gamble? on: April 07, 2017, 06:31:26 AM
Only when it takes over.
If you bet a buck, and lose it ... well, big deal.
But if you bet your house, it's a sin because it leaves you and your family without roof over your heads. So if you gamble so hard you might lose something you or others can't do without, then it's a sin.

Also, if the gambling has power over you, it's a sin. If you can't walk past a casino or a poker table without a round, if you cant pass a lottery stand without buying in, then it's controlling you more than you control it - and therefore it's a sin.
12  Economy / Services / Re: ADMIRALSPOT Casino Signature Campaign on: April 07, 2017, 04:37:56 AM
Username: mastermold
Rank: Full Member
Current Posts: 343
BTC Address: 15yni4guwAQJFvaaCcD9eN99FCY5cYYmjZ
13  Bitcoin / Bitcoin Discussion / Re: Bitcoin Is Better Than Any Banks And Any Other Third Parties on: April 07, 2017, 03:31:28 AM
As an international traveler with family all over the world- bitcoin has proven to be a blessing for me. Especially in the African continent where people are quick to adapt. For me money transfer is very easy and even my family is encouraging others too for adopting bitcoin.
14  Bitcoin / Bitcoin Discussion / Re: How many ways are there to earn bitcoins? on: April 07, 2017, 03:18:41 AM
There are many ways for earning bitcoin
1. Create a blog, add a donation button
2.Create VLOG channel, accept Bitcoin donations
3.Sell products for Bitcoin
4.Click ads for Bitcoin - Bitclix or something, I forget
5.Gamble for Bitcoin - Betcoin
6.Find a job that pays Bitcoin - Coinality, Bitcoingigs
7.Change your current paycheck to Bitcoin - Bitwage
8.Stream video for Bitcoin (live, charge by the minute) - Streamium
9.Stream videos (not live, pay per view) -
10.Speak with local BTC ATM providers and offer promotional services for Bitcoin
11.Attend Bitcoin events
12.Trade on markets open 24 / 7
13.P2P lending- BTC Jam, Bitlendingclub
15  Economy / Trading Discussion / Re: Which is more profitable, trading with Forex or trading with Crypto Currencies? on: April 06, 2017, 04:20:22 PM
Do crypto.  One of the things that I love about bitcoin is that it's the ideal asset for newbies to learn out to trade. 

There are two reasons why crypto is better:

1) You get to interact directly with the markets and there is no broker commission.  There are exchange fees, but you can choose between exchanges and learn how important those fees are.

2) More importantly, there is no minimum.  You can put up USD 100, and start trading.  It's likely that it will take you several months of trial and error before you start making any sort of reasonable return, and you will almost certainly lose your initial investment.  So doing trading with a small amount of money will teach you what you need to know.
16  Economy / Trading Discussion / Re: LONG TERM BITCOIN BUYERS on: April 06, 2017, 04:03:28 PM
I would only invest long term in them because I believe that the opportunity for gain is far greater than the risk of loss in more of a long-term setting. It's a roller coaster of ups and downs in the short term. Just buy them and hold onto them for about 5-9 years (This is just my opinion because the algorithm that controls the supply is set to cut in half 3 times within the next 9 years)
17  Economy / Trading Discussion / Re: What Is Bitcoin Trading and Why It's risky? on: April 06, 2017, 03:54:16 PM
The one basic issue is that the value of bitcoin is not "pinned" to anything obvious.  For example, if you buy Apple stock, that is connected to the well being of the Apple corporation.  With bitcoin, it's not immediately obvious what influences the price of bitcoin, which makes it less possible to figure out what can change prices.

The other issue is that bitcoin is still quite new, and there is still a lot of room for "unknown unknowns" and "growing pains".  We've been trading stocks for hundreds of years, so a lot of the failure modes are well known.  With bitcoin, we don't know what the failure modes are.
18  Bitcoin / Bitcoin Discussion / Re: BTC Ban on: April 06, 2017, 02:34:31 PM
In "democratic" countries government can do the following:

Regulate bitcoin.

Require exchanges in the country to follow the Know Your Customer rules.

Legislate unfavorable taxations laws - taxing it like commodity instead of currency.

Require to follow expensive procedure to open exchange - like New York license.

Create massive propaganda in mainstream media by claiming that it is used for money laundering, black market and by ISIS.

In non democratic countries:

Make it illegal to open a bitcoin exchange. 

Try to actively track bitcoin transactions and locate the state citizens involved in bitcoin transactions and prosecute them.

Off course all of these can backfire. In democratic countries - by switching bitcoin activity to more tolerant countries and thus letting them to enjoy the huge competitive advantage from allowing bitcoin related technology to develop freely.

In non democratic countries - by adding incentives for bitcoin to evolve and become even more oppression resistant. Also in those countries - whatever the government fights - immediately becomes something that everybody assume is good to have.

Those techniques cannot stop bitcoin and will fail miserably. Even if this was a global attempt to ban bitcoin - it would only slow down the adoption rate and force bitcoin to evolve even more rapidly.

Bitcoin is information - it cannot be banned. Once people realize it is possible - it cannot be undone.
19  Other / Off-topic / Re: How much time to earn 1BTC by faucets ? on: April 06, 2017, 01:16:39 PM
Faucets are fun. And they make you feel like you earned money without doing anything. Itís essentially like free lunch.

They usually payout in Satoshi, and append a big number before it. but in reality itís a very small amount of money. Itís not worth the electricity or time. So instead of wasting time on faucets do something else. Else 1btc is a dream

20  Other / Off-topic / Re: Why is life so hard/complicated? on: April 06, 2017, 01:11:45 PM
Overthinking makes life complicated. We people have learnt to analyse everything in positive or negative aspect. We have forgotten to take life as it is. Overthinking kills the beauty of life. One must be lenient towards it as no one is gonna live forever.
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