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1141  Economy / Trading Discussion / Re: I quit trading on: November 24, 2016, 11:46:24 AM
If you are planing to quit trading do it while you are winning and earning. Maybe that sounds strange but otherwise all your efforts will be for nothing.
And you must know that loosing is also inevitable part of trading so don't that be the only reason to quit. But if you haven't found yourself in trading and you haven't got the feeling and pasion for it then is maybe better to stop.
I think it is not such a good decision to quit trading, as trading is a risk and winning and loosing money is part of trading, if you are really losing money in trading continuously then you should change your strategy but leaving trading is not such a good decision. Instead of quitting why not think about sharpening trading skills and re-start trading.
1142  Economy / Economics / Re: What would happen if Bitcoin became a legal currency? on: November 24, 2016, 11:21:10 AM
if bitcoin currency became legal, it will be very easy to get bitcoin, and may be very many people are looking for bitcoin in their breaks. Well, maybe just a lot of work that assesses their people with bitcoin. Well, it would be a good thing that ever happened, because I am also very confident, it will create a state that legalized bitcoin into thriving
Hope that bitcoin is really going to become a global currency, and it is true that it will become easier to buy bitcoin, but I think states will legalize bitcoin on some condition and after that I do not think that bitcoin will continue its anonymity characteristic.

Any hope we can hope that bitcoin will become legal currency and will still continue its anonymity characteristic.
1143  Economy / Economics / Re: Bitcoin worth to you or not... on: November 24, 2016, 10:35:43 AM
LOL, at this thread title. What's the question being asked here? If I think BTC is a currency worth something? Well, since the dollar is not backed by gold anymore, bitcoin does not need to be backed by gold so it is worth nothing just like the dollar. But since it is still used to buy stuff that I need, just like the dollar, to me it is worth it. Give me that money boy!

The question asked here is if bitcoin is worth like a real currency to you or not, it has nothing to do with gold and dollar and their combination.
What i think is that as long as you can use bitcoin like any other currency it is worth like a real currency for us, if it was not accepted anywhere at all nor it was exchangeable then the case might have been different.
To me bitcoin is really worth me, in start when there was not a sing shop who was accepting bitcoin at that time I was using bitcoin as investment, but now in my area there is a shop who are accepting bitcoin for shopping, so I can can that bitcoin is really worth to me.
1144  Economy / Speculation / Re: Bitcoin price to hit $1000 around June 2017 on: November 24, 2016, 10:06:40 AM
No need to waiting until June 2017, for now, the price reach about $750, I believe it only took 4 months to achieve price $1000. Before reach $1000 let's buying bitcoin as much the money that we have.
I think in the very beginning of the next year the price of bitcoin will cross 1000 USD levels and hope that in June 2017 the price of bitcoin will easily cross the all time high level and will make a new world record and hope that very soon we will see bitcoin trading above 1200 USD levels.
1145  Economy / Speculation / Re: When do you think will be a best time to buy bitcoin? on: November 24, 2016, 08:35:18 AM
For my point of view, It is best time for selling the bitcoin, If you have bitcoin, than should sell it now, because now bitcoin already cross $734 and sometime it grew more, and also should know, not buy the bitcoin, when bitcoin already in a high price, like now a days. Because when bitcoin go to high than people start to selling their bitcoins, and in the result, bitcoin's price suddenly come down. So that is a time to buy the bitcoin in a low price.
But I am not ready to agree with you as you can see that the price of bitcoin is increasing on daily basis, and still the price of bitcoin has a good potential to reach to a high price, hope that this rally will continue tell the price cross it’s all time high level therefore it is not a wise decision to sell bitcoin in present time.
1146  Economy / Speculation / Re: When do we cross the 1000 USD barrier? on: November 24, 2016, 08:30:32 AM
I'm hoping to see bitcoin cross $1000 mark on global exchager site within end of this year. bitcoin is being traded at $930 on some Indian exchanger site.
I also hope so that at the end of 2016 or just in the beginning of 2017 bitcoin will easily cross the 1000USD level very easily as people are very much confident about about and they are investing their assets more and more in bitcoin that is why the price of bitcoin is increasing regularly, Hope that if this rally continue for some time the price of bitcoin will easily cross 1000 USD level.
1147  Economy / Gambling discussion / Re: How do you know when to stop? on: November 23, 2016, 07:21:14 PM
I doubt there is limit for someone who gambles. When you are in that moment you cant stop it. Specially, when you are already winning or losing a lot of money. You want to get it back when losing and you want more when winning. That is all greed.
But to me there are so much committed people who have full control over themselves and they never exceed their fixed limit and that is the main reason that they continue gambling without creating any financial problem for themselves and for their family. Stopping at right time must be one of the most required characteristic of a successful gambler.
1148  Bitcoin / Bitcoin Discussion / Re: Great way to make Bitcoin! on: November 23, 2016, 07:06:32 PM
Today i am trading altcoins and it is very hard for making bitcoins  Grin but i will try to mining using GPU hardware, i will try other ways for making bitcoins although will be hard.
Yes I also mostly use bitcoin for trading alt coin, although there are so many other ways of making money as you can make money from signature campaign, but signature campaign income is enough for pocket money only, you can also make money in gambling but if you are a lucky person and having good skill of gambling,
1149  Bitcoin / Bitcoin Discussion / Re: For what was Bitcoin created? on: November 23, 2016, 06:44:26 PM
Bitcoin was created to avoid any government interference all of us know they can control it easily but not Bitcoin. It is decentralized not like fiats and that's the big advantage of creating Bitcoin.
I think everyone has their own opinion but to me I think bitcoin is created for the purpose to have one same currency in all over the world and having same value everywhere. Bitcoin may also be created for online uses also as we can see that it is more convenient for online shopping and trading.
1150  Economy / Gambling discussion / Re: Bitcoin Gambling Investments on: November 23, 2016, 05:24:47 PM
need courage in making investments in the gambling world. honestly for me it's not a regular thing. because most people who play in the world of gambling are those who dare to take risks. while I was the one who wants play it safe in investing the money I have.
Yes, that is a fact there is no doubt about this, that investment in gambling is not an easy job, you need a real courage if you want to invest in gambling as gambling is a game of risk and you have to depend mostly on your luck, if you are lucky then you can really make money in gambling but if you are lucky then you can lose your whole money in a single day.
1151  Economy / Gambling discussion / Re: Biggest Loss Ever. on: November 23, 2016, 04:56:34 PM
I am curious what was you biggest loss in a bet.

Mine was 0.2 BTC in 1 minute.  Angry Angry Angry
Mine was 1bitcoin in bitsler trying to push the odd 2x so that i can easily double my 1 bitcoin lol i just wasted my 1 bitcoin for nothing and it really regrest me i blame my self until i moved on that they i told to my self that i will never played gambling never ever ever ever again for a sake of my life.
To me in beginning when I was new in casino, there was no limit for playing gambling and some time I faced some big losses more than 1 bitcoin in a single day too, but after that when I realize the fact then I limited my gambling to a fixed amount, and in this way I reduce the risk of losing big amounts.
1152  Economy / Gambling discussion / Re: How work Fibonacci strategy? on: November 23, 2016, 01:06:58 PM
If the gambling house generating random numbers based on Fibonacci series and you identify their pattern then you may get chances to make profits by using this strategy. This is not sure that gambling houses will follow Fibonacci numbers to generate their random numbers. So, practically I am still confused how it will be possible to use this strategy.
1153  Economy / Gambling discussion / Re: How much time to 30 losses on a roll on: November 23, 2016, 10:40:03 AM
No need to use martingale in sport betting. The odd is changes so it is not practical to give a much bigger bet just to cover your losses. Instead, you should focus on how to rise your chance of winning so that you can constantly win and have a flow of income.
But at the same time if someone is doing martingale on sports betting then even getting 10 losses is very difficult because we may predict one game wrongly and predicting 10 games wrongly is highly impossible and then think about 30 odd games ! I just wonder, why not go martingale in sport betting !!
1154  Economy / Gambling discussion / Re: Can I use my small amount for GAMBLING? on: November 23, 2016, 08:53:19 AM
I would rather invest that small amount of bitcoin in HYIP sites than to use it in gambling if I were you.
~snip~
LOL? you are prefer to invest your money in shit scam site such like HYIP sites? There's no 80% or anything you said if you'll get your money back once you invested in those scam sites. It would be better if you put that small amount in a gambling site, set high multiplier (990x or more) and trying your luck.
He must be meaning like both are same. But, I am too not ready to accept this because at least with gambling we will enjoy our money but in HYIP, it is highly equivalent to simply throwing it away.

People are very generous to test their luck with very small amount of bitcoins. That is the reason many gambling sites and new HYIP problems are surviving and keep on coming. For us, it is very small amount, but for them it will sum up to 'enough amount'.
1155  Economy / Gambling discussion / Re: How to win gambling with no lose? on: November 23, 2016, 08:47:47 AM
That is just too impossible except if you cheat. You will always lose and the house will always win. That is why it is provably fair. Just to make it sound inviting to gamblers.
Right you are it is impossible to win without losing in gambling because the site owner will not let it happen. And also because winning and losing in gambling normal because it was a game. Unless you cheat, you can win without losing.
I agree gambling is just a game and winning and losing are just part of it but how we can say winning continuously without losses must be a cheat. In a game, winning continuously is also possible we cannot call that as a cheat. Moreover, a reputed gambling site owners will definitely will allow that to happen.
1156  Economy / Trading Discussion / Re: What would be your recommendations when trading crypto? on: November 21, 2016, 03:54:52 PM
The only people that succeed in trading are skillful and professional trader...



An amateur becomes skillful with regular practice. You make mistakes, learn from them and keep trading till you make very few mistakes (if ever) then you will be called a professional.
That's true because we all started from newbie but because of the fact that we want to learn we work our way to learn trading..And for me, it's important that along the way you have to make sure that you correct your errors and not doing it again and again. By adjusting we are making ourselves matured in trading which could give us a good chance of success.

I agree, we are all started as a newbie back then and yet I am still a newbie when it comes to trading lol.  I think to be able to learn and master trading, we need to exert effort and put a lot of time in learning how to trade, there are some guide articles on how to trade but we cannot know how it works until we try them and observed.
Yes anyone could become a professional trader, only his dedication matters. When I started Forex trading, I was told to stay within trial accounts for more than two months. With the trail accounts I learned a lot of things about technical analysis.

The basic aspects of trading is common across Forex trading and bitcoin trading. We just need knowledge on different technical analysis. When we are strong in technical analysis we can predict market directions accurately.
1157  Economy / Gambling discussion / Re: To Gamble or To Invest? on: November 21, 2016, 03:41:36 PM
possibly investment is better and safer than gambling because you never know when things might go wrong when gambling you could get extremely lucky and get rich fast or you can bet on something everyone knows it for sure and practically only win a few satoshis but on the other hand investment is predictable and there is an explanation to every thing


I agree that Investment is better to compare Gambling. But this is not easy here also we will face many problems, and we should be aware of scammers, and we don't know when the invested sites will go down. Some sites will close without informing customers like this many problems. So nothing is easy but if you want to make money then take a risk and invest that's it.
We all know gambling is addictive and we will always loose in it. And I also agree that investment has its own risks, but tell me suppose you are investing in long term assets like investing in bitcoins then how can you loose ?

At the same time if you gamble arbitrage how can you loose ? So, how you do is more important than what you do.
Well, I agree with that but mate we can loose in arbitrage bets too as though they are usually safe but still there is a sleep chance of loosing. While trading with price of bitcoins is safe but there might be a downfall too. I think the only safe investment is where you are working yourself like you are building a team or something.
1158  Bitcoin / Bitcoin Discussion / Re: What wallets do you use and why? on: November 21, 2016, 03:36:32 PM
I only use the blockchain.info wallet, as its a great and secure wallet. I also have the official app on my Android for checking my balance sometimes. I sue it mainly because its accessibility and I can access it anywhere with a secure computer and internet connection. Its also great that a email verification is required to login to the wallet. This prevents unauthorised access.
I was using the blockchain wallet since long time but since the time the new wallet has arrived I have started to use the xapo wallet because in that new blockchain even if I login after 1 hour it asks me too verify email for some odd reason plus it is very bad and highly unlikely to use as compared to the earlier one, non user friendly.
1159  Economy / Gambling discussion / Re: If you were rich, would you still gamble? on: November 21, 2016, 03:02:55 PM
I think gambling has little to do with wealth, I mean, both poor and rich people gamble, win, loose.
The difference is that rich people don't care about loosing as much as poor people do.
If you are rich you just don't know what to do with all that money, so you play; I think I would do the same.
There's a difference because rich people have so much to lose if they are not careful in gambling, they know that because in gambling there's no limit or winning and losing but the big problem is there's only small success rate in gambling.
I don't think that some rich people is always lose? I think some of them is still getting rich? we cannot say that but just like you said be careful if you have playing gambling because gambling can take your all money in a short time, but in gambling also you can make profit in a short time.
Actually that might be true because people who are rich have a enormous bankroll and hence they dont have to worry about some losses while if a small gamblers losses some he either is done or gets frustrated and loose them all. So, yes for rich people maybe gambling is like an investment.
1160  Bitcoin / Bitcoin Discussion / Re: For what was Bitcoin created? on: November 21, 2016, 11:00:32 AM
I think bitcoin was created so that we can have an alternative and better kind of currency. You can avoid getting taxed when you're using bitcoin. It's fast and reliable too. You can easily send money abroad with just a few clicks. Bitcoin is decentralized and that just means that a part of bitcoin is meant to do the opposite of what the government does. Today, bitcoin is an investment for most and an opportunity to earn money online.
bitcoin is suitable to be used as a means of transaction. maybe the purpose of making bitcoin is that the internet has a transaction tool that quickly and reliably. bitcoin is currently actually used as currency on the internet, other than that bitcoin has also evolved into a business tool, so now many companies that need workers who are paid using bitcoin. well, so I think bitcoin made to facilitate people - people to conduct transactions on the Internet
The reason for creating bitcoins might be to give a chance to everyone becoming rich without really investing much. I am really glad for the early adopters just one thing I am upset with is when bitcoins were created was there was no big promotion in my country and city. I really regret not buying bitcoins when it was cheap.
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