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461  Economy / Economics / Re: Difference of Trading and Investing? on: May 31, 2017, 03:21:14 PM
When you buy something in hope that it will have greater value in the future, that is investing. Some examples are gold, assets, land or bitcoin.

While trading is a little bit different. You can purchase or sell something for some profit. You can be profitable in trading whether the price is going up or down.
Well explanation..
In terms of purchase goods or assets, your explanation is fine ,on the other hand,  there is a way of thinking about the time period,  if you can take an initiative for getting involved a economic activity for a short time then it's called trading, but when it's related with long term effects then it's called investment.
Trading and investment both are all most equal. What you said it's right only the time period will tell you that you are doing trading or investing. The short time investment is called trading. Here we expect only a few % of margin profit and if we get that we will sell our product. But the investment is not like that we will invest money and we wait or a long time. It will give us huge profit, but it takes long term this is the difference b/w trading and investing.
462  Economy / Economics / Re: Bitcoin reduces unemployment on: May 31, 2017, 03:15:16 PM
I don't think that bitcoin will reduce unemployment because you need to have a proper knowledge on bitcoin,also one needs to spend a lot of time on it,it may be good enough for a part time job/temporary job ,but as a full time job ,bitcoin really needs to expand itself even more and also people need to know how to use their creative skills .

Same way when you want employment that is paid in fiat currency.  Remember you need to study for more than a decade to prepare yourself to have jobs.  You have to attend several pieces of training and seminars if you are applying for a job even before you are accepted.  This is no difference than learning bitcoins.
It is true that bitcoin reduces unemployment, in fact I know someone don't have a regular job but because of bitcoin their lifestyle change, their perspective also change they become business minded and become great investor so it is true that bitcoin really helps a lot.
yes no doubt about that and specially in backward countries where the unemployment is really a big problem. i think bitcoin is really giving good chance to the people to make livelihood. although it is not a permanent way of income because of the lot of fluctuation price of bitcoin, but still people are getting good profit from it, and hope that they will continue earning bitcoin for a long time.
Yes I too vote for this, bitcoin really reduced unemployment in many countries. And the sudden price increase helped many people to work for this bitcoin. This is a good income for those who works in online. Yes there is no other online job will give this much of money in online work. I heard in some backwards countries people are stoped regular job and started to earn more bitcoins to spend full time in bitcoin activity.
463  Bitcoin / Bitcoin Discussion / Re: How many people are asking you about Bitcoin now? on: May 31, 2017, 03:05:30 PM
Nobody is asking me, but I had a conversation about ransomware the other day and they seemed to had a general idea about Bitcoin and that it was used by hackers.
My family isn't following the price of Bitcoin, so they don't really care. It's the same with stocks. A company could go up by 200% in a week and we wouldn't know or care, because we haven't invested anything.


There are many people asking me about Bitcoin. Because they all recognize the value and potential of its development. Beside it, I'm not sure but maybe I'm the only one where I live knowing Bitcoin and can earn money from it. And I'm also happy to answer them questions about Bitcoin because I always want to create opportunities where I can live with this kind of currency.
Some of my friends know that I am in bitcoin activity. But they do not take that much serious. When this ransomware attack happened, and the hackers asked money in bitcoins. This news came in all news channels in all over the world. So now when I meet my friends, they are asking me is that bitcoin that much famous and how to earn bitcoins. I think after this attack more people are started to learn about bitcoins.
464  Bitcoin / Bitcoin Discussion / Re: Japanese Airlines to accept bitcoins soon on: May 31, 2017, 03:00:41 PM
It is great to see that more and more companies are accepting Bitcoin. However, it won't really affect the price of Bitcoin because Japan already accepts bitcoin as a legal currency. And this small company won't really do much.
It's right that these Japanese Airlines don't give that much affect towards bitcoin. But, it's a sign that the acceptance of bitcoin in Japan as legal tender is known by many companies and it reflects the reality of how the citizens react to the acceptance bitcoin in recent time. Bitcoin is not always about price but how it'll contribute to this world.
As the main purpose which stated by Satoshi himself. Bitcoin was made to be a currency, in this case, the sentence clearly mention that bitcoin is normally used for transaction and not investment. Therefore, this news is really a good thing that makes bitcoin back to its main purpose.
Yup this will not affect on bitcoin price but this news will spread all over the world, and the other county people will know about bitcoin. This is one type of publicity for Bitcoin. And this is a good move from Japan Airlines to see this the other companies also start to accept bitcoin in there business.
465  Other / Off-topic / Re: What's your way of spreading Bitcoin knowledge? on: May 31, 2017, 02:56:09 PM
Personally, if I'm in a coffee shop or any store with some people, I pull out my wallet and subtly show them my Xapo debit card. Then they get curious on what kind of card is that since it doesnt look like the usual Mastercard or creditcard. Then I explain it from there on.

What's your way of spreading Bitcoin knowledge? Smiley

My way of spreading bitcoins is simple, I just show to my family and office mates my income from bitcoin. They have started to be curious as to what is bitcoin and how they will earn. As I always update them with the value of bitcoin they become interested and started to buy more coins. But sometimes there are disadvantages in sharing bitcoins to others and that is when you join an investment they will borrow some of your bitcoins but when it turns out to be a scam they will just turn a blind eye on you.
i also start introducing bitcoin from my family, first when i heard about bitcoin i do not think that any other person was familiar with it, because i bring the idea from our capital when i visited there and by chance met a person in University, i stay there for 1 week and during this period he became  my friend and he share the idea of bitcoin with me, because at that time i was jobless. now i am spreading the new about bitcoin in my area, and people are now taking interest in bitcoin.

First, i will tell the present price of bitcoin, and after that, i will show my mobile wallet balance to them. After that, they only ask me how did you go this bitcoin and how to make bitcoins. Like this, i am spreading my bitcoin knowledge to my friends and family members. But I am not telling more to my family members because if they get to know that bitcoin will more use in online gambling site, it will be a big problem for me.
466  Economy / Gambling discussion / Re: What is more risky. Sport or casino bets ? on: May 31, 2017, 02:51:07 PM
For me, casino bets is more risky. I mean risk to lose more money. In sports betting, its like worth if you lose since you win with the experience, the thrill during the play or games and so forth. Also, sports betting is long time play like basketball meaning risk is minimize unlike in casino bets in minutes your money is gone if you are not lucky enough.

I also agree to that casino bets depends on luck 80% and skills is 20% but in sports bet you enjoy even if you lose but more enjoy if you win and betting to your chosen teams that you are confident to their skills and talents that they will win. The thrill and  pressure to sports bet and casino bet is different sports bet is putting your trust to someone and casino is more depends on you and luck and i am more comfortable to trust someone than my own self Smiley

I think the casino games are 99% depends on our luck, and only 1% it depends on our skills. What we analyse in casino games all result is random, and if we have luck, our number will win. But sports betting is not like that it will give profit and also fun. Yes if we do live sports betting we will get good entertainment we have to watch a full game and each minute we will get tension that is the most entertainment part in sports betting.
467  Economy / Gambling discussion / Re: Are you a problem gambler? on: May 31, 2017, 02:46:55 PM
I think it is very helpful for those who are very addicted in gambling,
They just have to be true to their self and admit that they are addicted and try to control it.

But addicted gamblers don't admit that they have a gambling problem. This is really the first step to help them to quit gambling, but it they don't want to admit it, then its hard to help them. I'm not a problem gambler myself, I know when to quit, specially if I'm ahead of the game. Of course I may have loss here and there but I don't think to recoup it though because I know that if I do, I will be addicted to gambling.

Everyone will admit one day when they don't get money to play gambling or when they get the problem in their life, and they don't have money to solve that problem. When all gamblers face this situation, the everyone will admit this. Come to me I am also not an addicted gambler, and I will not spend more time in gambling I have control over my emotions.
468  Economy / Economics / Re: Goodbye Adsense on: May 30, 2017, 02:34:10 PM
I am an adsense blogger.It has been two or three years I monetize my blog with adsense. I Have three blog that give me traffic 1500 pv a day. Not high traffic but I do a lot of work. I learn seo ,I write original articles. After few days my articles were copy and modified by other bloggers. I feel What kind of business is this. So many  rules should I  follow in case my blog was  sent to sand box by  google. That was bad news.  1000 traffic became 0 traffic. That's hurting and painstaking.

First, I joined bitcointalk, I underestimate the member here, I ever post critisized ones who only look for signature campaign. I got bullied by many members but The post went away. I never joined signature campaign until I became senior member. I enjoy make discussion with other members. One day I tried to enrolled signature campaigan. I got three weeks. I joined iEx.ec. I don't think about reward, I continue to post and read other posts. i learn a lot of things from this forum. When the time distribute the reward I was amazed by earning that I have made. It is about 1.3 BTC. Three weeks for 1.3 BTC.

Since then I think I have spent too much time for big boy adsense. I only earn $100 for about 7 to 8 month. I think I should change my mind to use my blog for bounty programs. This is a fact. I have just realized now.
For the fact that AdSense does not work for you does not mean it does not work for others and even the drop in the number of your traffics is due to the flouting of one rule or the other which they are very strict about as we have seen them blacklisting quite a number of faucet sites. But still think you made a good decision having decided that something is not working for you then you change boat which is now working but I hope you are not carried away and thinks thats how it going to continue to be.
I agreed that bitcoin is far better than Adsense. Bitcoin will give you unexpected profit sometimes if the price goes up suddenly. And one thing I am not understood did you made 1.3 BTC in just three weeks? Is this possible? I don't think it is not possible in any reward amount and signatire campaign. I am also working in one of the most reputed signature campaigns, and they are paying the good amount I am very happy for that, and I am satisfied.
469  Economy / Economics / Re: The dream of getting rich with bitcoins on: May 30, 2017, 02:27:59 PM
I earned ~100 USD but i dont think everyone who knows about bitcoin will be rich, because if there is many peoples for much money, theres no space for the truth "richs" , is all relative.

In what source did you able to earn that $100? If you will be earning that amount on a daily basis for sure you will be one of the richest person in bitcoin economy. But with your statement that everyone who knows about bitcoin not all of us will not become rich. It depends on the goal that they are aiming, if they are hard working then they deserve it.

 i earned with especulation, and this is in 6 months ( if its daily... ), so the people can earn a good quantity of money in short time, but its not easy to he to become a rich woth only the bitcoins.
We can earn bitcoins and make money. But we can not earn some fixed money in bitcoins. Only if anyone joined the signature campaign or working for bitcoins, they only earn some fixed income. Don't expect more profit in bitcoins. According to me, it will not help you to become rich. But I am sure it will help you to solve your small financial issues in your life.
470  Bitcoin / Bitcoin Discussion / Re: Reminder: Be Open and Helpful To New People To Bitcoin on: May 30, 2017, 02:21:43 PM
I never mind if there is someone who wants to know about bitcoin and its technology. if I can answer, for sure I will help. But most people nowadays just ask how to get bitcoin fast and easy, even a professional must work to earn money
Yes everyone needs fast money, first of all, they don't have time to learn new technologies if they are not interested in this topic they will ask this type of questions. If anyone really wants to learn about bitcoin, they will spend some time, and they will slowly learn about this bitcoin. I explained many of my friends in that some of them took it seriously and learned and some of them are just doing time pass with me. So I will not force anyone, and if anyone asks me help, i will help how much I can.
471  Bitcoin / Bitcoin Discussion / Re: Why Cash is better than Bitcoin. on: May 30, 2017, 02:16:45 PM
Bitcoin is still in its growing phase and havent got adopted in the market for local stores like hotels and malls or other daily usage things. So we have to use cash or cards from the banks for that. In future if every country adopts BTC or other crypto's then it may be popular than cash.
in fact that can be the main reason. still almost all the people of the world are still depending on fait. even those people who are using bitcoin they are also using it as optional, and the reason is only that still all the facilities of bitcoin are not yet available in bitcoin. we cannot use bitcoin for purchasing everything.
I think in many countries we have the only option, and it's sell our bitcoins and convert it into fiat currency and use that money I real world. Still, we did not get a chance to use bitcoins in the real world. I think the malls and online shops have a chance to accept bitcoins, but why they are not accepting, i don't know the proper reason. If anyone starts to accept bitcoin then automatically others will accept bitcoin. 
472  Economy / Trading Discussion / Re: How is trading *not* gambling? on: May 29, 2017, 01:48:01 PM
How different is trading from just gambling? I know there seems to be a  big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?

When you gamble and lose you lose your money. It's gone. When you trade you always have something. Price may rise or fall but you have something.

Or it may not rise, and then you are left with the same, i.e. nothing ("holding the bag filled with shit")

Fundamentally, it is still six of one and half a dozen of the other. If you don't stake all, you will always "have something" left and can win back what you lost (at least, hypothetically). On the other hand, if the price doesn't revert, your losses are no less permanent than in gambling (the difference between your entry and exit points, obviously). Just in case, I'm not promoting gambling, I'm just telling how things actually stand in respect to trading. How they stand in respect to gambling, everyone should understand on their own

You are right if the price goes down and never up it's totally waste of money and time. But why you think only negative. At this situation the price will never go down like hell this is sure. So holding coins for a long time is always profitable. So the risk is common, if you do not take risk, you can not do so any work. In that, we have to choose less risk job to make money. Trading and Gambling in this trading is less risk job. So we can do trading to earn some extra money.
473  Economy / Trading Discussion / Re: did you place all your funds into bitcoin? on: May 29, 2017, 01:41:16 PM
I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
Never put all of your money in one investment only since it's too risky and no successful invetors did that. Also, no one put all of his money in investment of course they have needs, and savings.
Well, if they are people who dare to take risks, I think that is a natural thing, because it can make a big profit if you exchange all the money you have into bitcoin to wait for a high price. But all of that has a big risk.
It's not a natural thing. Putting all of your money at risk is not normal, but it's too dangerous for every investor regardless if he/she has an anough experience. It may result as biggest regrets as market is unpredictable thus we should minimize risking/depending ourselves in the advantage of market.
Investing is not bad but putting all the money would be risky. There are so many what ifs to occur such as emergency situation in the family, daily commodities, get together plan for the family and the like. It's better if you give 25% for the first trial of your money to be invested for bitcoin and if there's progress, then invest half of your money to it. But it's difficult to invest all as mentioned above.
I will not suggest putting your much needed money in bitcoin. You must have some spare money for the emrgency purpose. Becasue we don't know what problem we will face in our life. So solve that issue we need money, bitcoins will never solve our real life problems. So I will tell you if you have any extra money in savings or banks that you don't require for a long time. That money you can invest in bitcoins and make a profit.
474  Economy / Trading Discussion / Re: Bitcoin up altcoin dump on: May 29, 2017, 01:36:34 PM
When the btc price goes up, what is now a good time to buy altcoin or sell bitcoin? Huh
Same. If bitcoin rises, you have two options  and it's to hold or sell.  It's best to sell bitcoin to buy altcoins as their price it inversely proportional thus it's great opportunity to make profit.
Don't go for panic selling option. Yes now the price is down compared to last week but don't worry it will recover in few days. If you sell Bitcoins and buy altcoins, then it is your risk. Are you sure about altcoins price will increase in coming days then you can do this or else wait for some days you will get profit in bitcoins?
475  Economy / Gambling discussion / Re: Is winning at Sports betting actually possible ? on: May 29, 2017, 01:33:34 PM
I am just an amateur gambler and bet on sports. i saw this thread today on the forum of a tipster ajaxmoor and he is destroying his picks. i think he has more than enough wins i have ever seen in a row. If tipsters can predict games like that how are sportbooks not losing money ? is it just luck ?
Easy, everyone does not follow what tipters suggest. Most gamblers will bet on what they want. Do you know how many thousands of matches in one day ?? It is not possible to bet on the same game then of course gambling sites will not lose their money.
All tipsters are like us, and they can not predict the 100% correct result. But they have good exp in some particular sports so that they will give some good prediction. If you ask me, i will tell don't waste your money for tipsters. just waste some time and learn about sports game and use that money to get exp in sports betting it will help full for you.
476  Economy / Gambling discussion / Re: Direcbet.eu got closed what is the alternate place for live sports betting?? on: May 29, 2017, 01:20:18 PM
Similar with this thread https://bitcointalk.org/index.php?topic=1927509.0
Lock this topic maybe?
Afaik none site which provided same/similar like directbet especially with their instant payment and no need to create an account when we want to bet
When directbet initially came out, it was surely a plus point and the reason lots of people opted for it(Including myself). Right now, with the transaction fees so high and the delays in conformation, I'd definitely opt to have an account on a website than to lose a $ for every bet I make. Hope that makes sense.
Exactly but directbet supported many other coins too . I used to bet using dogecoin ( which has incredibly less fee ) so now this is a great loss for me . I think players still preferred directbet over other sites .
In that case, You are in luck. 1Xbit accepts other cryptos as well. Here are the Cryptocurrencies that 1xbit accepts.


Tbh, directbet was a great site when it came out. Great odds, good selection of games, Secure but since they started the tipster competitions. The odds that they provided for almost all the games where horrendously low. They had massive house edge for every game. It put me off of betting there for the past year or so and switched to other sites. I've personally found 1xbit as the best out of the lot.

If you find this convincing, please use my referral link. PM me if you ever need help regarding 1xbit. I'll always help out. Thanks Smiley
I had heard about 1xbit a lot of times whenever BTC betting was talked about but I never knew it accepted many other crypto currencies . Thanks for sharing the link and the info Smiley I will try it out as soon as possible .
We have many sites to play sports betting. Why you are thinking about closed one. I agree it was the well reputed site for sports betting. But now it closed we have nitrogen sports, Sportsbet.io 1xbit, etc. I too played my sports betting in Directbet site, but now I switched to nitrogensports I am trying this site if I am comfortable I will stay on this site or else will try another site.
477  Economy / Gambling discussion / Re: Secrets of sports betting on: May 29, 2017, 01:11:50 PM
The only secret is "pure luck"! From my personal experience, always look for edge which brings good ROI over the long term. Check odds before confirming your bet and look for low risk in high odds. You will be always winner, if you know what you are doing Wink
I don't think it's called pure luck the odds are sometimes skewed that's all. This always happens to esports lines where both teams are on a winning streak but the lines are still far apart for example Team 1 has an odds of 1.5 and Team 2 has an odds of 2 take note Team 2 just beat Team 1 on their previous meeting but still favored.
The sports betting will never just depend on luck. It need a lot of skills about sports then only we can make good bets. You just bet based on odds then yes it is called luck game. But usually, people will not play blindly in sports betting. According to your example, we can not guess this bets who will play in this game. Just based on the previous game result, the odds are varied, but both teams are equal strong means it is hard to predict that game. If the odds is less than 1.2, then we can choose that bet, but still, i am not sure we will win this game or not.
478  Economy / Gambling discussion / Re: What is more risky. Sport or casino bets ? on: May 29, 2017, 12:59:40 PM
Based on my experience in playing Casino games it is more risky if you compare to any sportbetting site. Yes you can win a big amount to casino but theres a dentency you will lose because of its house edge. Thats why many will choose sportbetting, you will predict or analyze what team will win.Safemode always in my mind
although it is depending on an individual experience, but still if we generally talk about and compare both sports and casino bets, we will come to the conclusion that casino bets are more risky because in casino bets we mostly depend on our luck, if we are lucky we will make money form casino bits, but if we are not luck then you will surely lose your luck , while in sports betting we mostly depend on our experience and skill. so sports gambling is less risky as compare to casino bets.
Casino games are very much entertaining you can make good time pass in this casino games. But you can not make money in casino games it makes money we need luck and also big bankroll. Yes if you have big bankroll then you can get back your loss in next bets. But sometimes our bad luck we will get continues loses. So to save your money and to get fun sports betting is a good choice here you will get both and also you can make a profit.
479  Economy / Gambling discussion / Re: Would you play online street fight game for bitcoins ? on: May 25, 2017, 01:38:09 PM
W A D - Move
Mouse right click - boxing attack
Shift -  get down

Min 5 MBTC to fight.
everyone start with 100 HP


Yeah I Will Play because I Like to Play games and If I get Bitcoins in Exchange for the Effort I Made then Of course I will Play the Street Fight Game For Bitcoin Because Basically it's a Skill Game and your winnings depending upon your skills But in Case of Online Gambling Games Such as Slots, Blackjack, Roulette and Much More there you can never be able to use your skills So I Choose to play Street Fight if Possible to Play Online.
yes that is possible as most of the people already using betting on online street fighter game. although i also like to play that but in fact I have no idea about that how to play, i think i should do practice first on my PC and after that I will like to play gambling. because there are so many expert people, who can beat you in street fighters games in seconds.
I saw this type of fights in only movies, I never saw real fights in my country. and in sports channel also I never saw. I hope this sport is only happening in particular country. But it is very tough to guess this type of sports. If we don't know about players, we can not place a bet just based on others predictions.
480  Economy / Gambling discussion / Re: From gambling site faucet to cash out? on: May 25, 2017, 01:33:16 PM
Has anyone successfully done this?

I came close to cashing out with primedice faucet money (150 sat) to cash out (400k sat) today but lost everything due to 1 impulsive bet (340k sat at 1.2x chance).
Even myself did already this kind of achievement.lol. I have grown my faucet amount on 200k sats which i do say its time consuming and does really need extreme luck on hitting 2x all over again. Sad for you because you did a mistake on single bet and thats greediness and hoping to hit the winning spot on those odds and make you even more money.Not only you do have this kind of experience and im sure there are lots of gamblers too.
yeah right when you are feeling so lucky you almost forget that chances of losing is still there in every bet you made
i guess its very needed to have a break when you already feeling it well, its hard to to take some money coming out from the
free faucets.
He had a chance, but he missed that opportunity very sad for you mate. It's ok this is common in gambling. Your greediness will make you lose your faucets. So be careful next time don't be greedy just be happy how much you earned from gambling. Useally people will not make more faucets in gambling, but you did it. Try one more time and this time doesn't go for all in.
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