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341  Economy / Speculation / Re: Bitcoin price increase attributed to rising Chinese demand for cryptocurrency on: December 07, 2016, 07:10:02 AM
It looks like more and more people are accepting bitcoin. I think in China they will be paid better if they paid in bitcoin and they migh t pay little or even no tax. No banking fees or large transfer fees and its quick and easy. Remember they a pool country so dealing with money in an easy way like bitcoin makes a lot of sense.
Yes that can be right, it is also a fact that the number of Chines are more than any other country of the world, and they are using bitcoin as a currency that is really more convenient for them to use it according to their needs, they are really making their lives more and simpler. So, obviously they are contributing into bitcoin price increases.
I agree. If I were from China and if I am seeing my friend is getting job from a bitcoin mining farm for some maintenance work. And if I come to know that he is working there then surely I will check the background, potential and nature of their business.

This is way, bitcoin might got spread out into Chinese people more. So they are obviously contributing to demand of crypto currencies
342  Economy / Service Discussion / Re: Skrill Allows BTC now? on: December 07, 2016, 07:01:34 AM
Is this truth can someone else confirm this ?
I have been using skrill for years and gets email every time they add some new feature or merchants to their service.
I didn't get any email in this regard but now I will ask their support if it is true and post their reply here
But it is confirmed by many members here that Skrill has added new functionality to accept bitcoin deposits with some third party collaboration. I guess you need to check your mail's spam folder. Some time it may happen like only some specific emails (even it is from trusted sender) to get marked as spam.
343  Economy / Service Discussion / Re: How to start Crowdsale? on: December 07, 2016, 06:56:10 AM
A good topic to have. I'm having some innovative business ideas based on bitcoin and bitcoin payment systems but really I do not have enough funds to start with it. I have heard about crowdfunding but no one has explained how to do it by step-by-step. If anyone guide with steps, that must be very helpful for myself and definitely for this community.
344  Economy / Service Discussion / Re: I want to promote my casino on this forum on: December 07, 2016, 06:46:56 AM
Can I myself start the signature campaign or only these managers are allowed to start the campaign for me?
Both are allowed in this forum. But it is highly dependent on your available time for managing the signature campaign effectively. Other than signature campaign you can have avatar campaign also separately with new set of members. But usually both signature and avatar campaigns are participated by same members.
345  Economy / Economics / Re: Passive Income on: December 06, 2016, 06:32:05 PM
my passive income is bitcoin , i bought bitcoin in huge amount few month and we know that bitcoin is going to increase its price too much faster day by day so my investment price in bitcoin is also get high value and i think anyone can get this passive income with easily.
I do not think it is easy because it requires huge amount of capital and moreover I do not classify it as a passive income. Because to make passive income periodically from bitcoin buy and sell, you need to keep on selling some amount of bitcoins regularly. But I do not prefer selling bitcoins regularly.
346  Economy / Trading Discussion / Re: Trading like professional. on: December 06, 2016, 06:23:33 PM
A professional trader will find easily where to buy and where to sell whereas a novice trader will be struggling to find out those buying and selling points. Precisely the technical part may differentiate professional traders from others.
You are right. To trade like a professional trader we must need strong technical analysis skills. Without those skills I believe even professional traders could not make profits in consistent manner from trading.

Anyone may become professional trader by experience but to sustain in trading we must need strong technical analysis skills.
347  Economy / Economics / Re: Should I believe in Bitcoin ? on: December 06, 2016, 06:17:16 PM
we can not push them to believe...

Obviously, it is someone's personal choice or decision if he should believe in bitcoin or not, they should do their research about it and listen to what people say about it and at the end they should take their own decision if what they think about it.
I think, should not lead one to believe bitcoin. they just need to learn about bitcoin, so they will understand the system that works for bitcoin. so I believe that they will find and save bitcoin they get, in order to believe, that bitcoin prices will be higher in the future
But what will be the wrong in guiding one person into bitcoin ecosystem and making them to believe bitcoins so that they will start using it. I guess every bitcoiner must need to do this for a better user-base for bitcoin ecosystem. So that we will be having huge price levels too.
348  Economy / Economics / Re: Bitcoin is Freedom on: December 06, 2016, 06:02:21 PM
Well, if you could take advantage of bitcoin well, it might be the freedom that you have. owned bitcoin transaction is hidden, so you might be able to buy anything using bitcoin. you're also free to make any business with bitcoin, because when you could take advantage of it, and can make a profit that much, then it is freedom that you get from bitcoin
Yes I am already enjoying my freedom. I am a hard core gambler and I am able to gamble more freely than ever before just because of using bitcoin payment systems. Now I never need to disclose my personal details to gambling site and no one from my family will come to know that I am spending money for gambling. What else freedom I may need ?
349  Economy / Economics / Re: You should never trust banks on: December 06, 2016, 05:42:33 PM
we definitely need a friendly banking services but that is not at all offered so far. Then why we keep on trusting our bank system.
Hopefully in future we may not require a banking services for our financial needs. Yes only for loans and interests we are going for bank. But if we are able to get loan from other people and banks may be stopping paying interests. So, just a bitcoin wallet will be more than enough in future. No longer needed trusting our existing banking systems.
Yes possible. Already in many countries banks had stopped paying interestes to people's saving instead of that they have started collecting fees for keeping money in banks. P2P loans are getting more famous now a days so I guess a traditional banking system will become literally useless. Still, governments will have banks just to rule people in financial way. But that will not force us to trust them.
350  Economy / Gambling discussion / Re: Betting on sport = gambling? on: December 05, 2016, 01:18:35 PM
yes of course its the same and i agree with that because there is money inside the games and we know that. but for the chances to get winning is more big for betting on sport than gambling.
But in my experience there are lots of possibilities to win big even in other types of gambling. I mean to say I am able to win big in almost all types of gambling not just with sports betting. I am unable to differentiate sports betting from some other gambling types because I do see the risk levels and profit levels are same across these two.
Gamblers do differentiate sports betting and other gambling only based on the risk levels and possibility of using knowledge and experience. As long as you are able to gamble profitably across sports betting and other gambling then there will not be any differences between them. But this will not be the case for most of the gamblers here.
351  Economy / Gambling discussion / Re: What is your aim in gambling???? on: December 05, 2016, 12:53:20 PM
Gambling is made to have that kind of fun, but we all took it wrongly and aimed to make money out it and at the end we don't enjoy the games and also end up losing money.  If you want to enjoy the games then you shouldn't worry much about the results then only it is possible.
Yes fun is the only possibility we could get from gambling but unfortunately we are not at all aiming that from gambling.

It is human nature, we are all not welcoming what is easy available to us and struggling what is not at all achieveable from gambling. I guess it is a general human mentality and that is the reason we are facing many problems from gambling, yes all due to an incorrect aim with gambling.
352  Bitcoin / Bitcoin Discussion / Re: Core is working on a 2mb hardfork proposal, testing is in progress! Amazing news on: December 04, 2016, 09:01:56 PM
The thing i'm concerned about is the future. A 2MB hardfork is only a temporary fix, and are we going to do a hard fork every year or two? That's just stupid.
No. This is not stupidity. There must be a very big requirement of managing equilibrium between bitcoin transaction fees and competition to pick transactions by miners.

A sudden large block size will lead to less competition among miners as one single miner will pick more number of transactions so people will start using very less transaction fees.

As long as block sizes are limited, people will use optimum transaction fees to make their transaction to be included competitively in upcoming blocks. From this miners will benefit and will show interest to continue their mining businesses.
353  Bitcoin / Bitcoin Discussion / Re: Does any bank accept Bitcoin? on: December 04, 2016, 08:52:51 PM
I do not think that banks can somehow reach Bitcoin, a free currency, which belongs only to you and no one can deprive you of it.
You are right, moreover every bitcoin exchange where we are able to buy/sell bitcoin must be considered as banks. Because a bank does not need to be a traditional one and it is already into banking business.
Other than loans and interest rate, I guess most of the bitcoin exchanges are doing same job of our traditional bank but with bitcoins as a basic unit for them.
354  Economy / Trading Discussion / Re: Bitcoin traders, why don't you just trade forex? on: December 03, 2016, 06:59:44 PM
Forex trading has very high risks than bitcoin or altcoin trading. Forex trading also requires some huge amount to start trading. Unlike in bitcoin or altcoin trading which you can start for only 1$ or lower than that depending on what you can afford. Also bitcoin or trading sites is very accessible to anyone and doesn't require some legal infos about yourself.
But I heard Forex trading also could be started with small amount of capital like less then $10. So the initial capital will not be a problem for most of the bitcoin traders to start trading in forex. Only the risk levels will be a big concern for them.

I just want to ask when we are profitable with bitcoin trading why we need to go for Forex trading ?
355  Economy / Trading Discussion / Re: Where to Trade? on: December 03, 2016, 06:51:35 PM
I guess most of the the exchanges are allowing to start trading almost instantly, but with some limitations on trading volume and withdrawal volume. When we are ready to get verified with them at least with mobile and email, I guess we will have significantly enough volume to trade.
356  Economy / Economics / Re: Imposing tax on bitcoin on: December 03, 2016, 06:44:05 PM
Imposing tax on Bitcoin transactions is a bad idea (banking transactions are not taxed, then why those involving BTC should come under the tax regimen?).
Your bank transactions are eligible for taxes when you are exceeding some limit with your income. When you are spending if some limits again exceed then you need to pay taxes based on where you are spending. Similarly bitcoin is also taxable if government decides there are significant usage of it among its citizens.

I am OK with the idea of imposing a small tax on the conversion of Bitcoin to fiat, but that also must be avoided if possible.
You mean small percentage ? Taxes are usually based on volume, but small percentage also will sum up big when you are frequently using many small amount of bitcoins.
357  Economy / Economics / Re: How stable will bitcoin be? on: December 03, 2016, 06:32:41 PM
Yes the stability of bitcoin will be affected if is there is any interruption in Internet or in electricity. But we cannot expect a worldwide interruption. That is the reason bitcoin will have no problems on any circumstance.

There are countries which are having uninterrupted power supply for decades, one good example is Singapore.
358  Economy / Gambling discussion / Re: How to stay away from gambling? suggestions ? on: December 03, 2016, 04:01:28 PM
you are experiencing at this time as I was. I used to get a lot of money from bitcoin. because a lot of experience victory that I often gamble even every day I always gamble. but over time I have bitcoin dwindling. I was addicted to gambling. I've tried trading. but for trading I think requires a lot of capital
Then just stock it ! I mean if you cannot find a good way to earn brother and you have no proper knowledge on how to trade then the best idea is to stock bitcoins and sell them when the price is sky high.
I used to do the same when I was new because whom introduced me to gambling told me the price will go high and it did.
359  Economy / Gambling discussion / Re: If you want to become Rich you need to Put Higher bets on: December 03, 2016, 03:32:36 PM
This is not true in my eyes because gambling is not safe and you cannot really getting rich form it even with higher bets its very difficult, most of the times its not possible!!

Higher bet means faster way of losing money not a faster way of earning money in gambling. If anyone wants to become a rich then should find a suitable business to work hard and gambling is not the way to it. You can spend your money in gambling but can't earn it.

Rich isnt a goal at gambling activity since it is very difficult to reach. And with bet amounts, every person has different financial background. People with a good salary at his daily job tend to bet with higher amounts to have fun at gambling while the other one will bet with small amounts and can enjoy the game. The disaster will come when someone impose gamble beyond their means.
It is right that we should not dream of becoming rich while gambling but whenever we gamble the basic aim is of earning money and getting rich, this cannot be denied.

If we are even gambling for fun then also there is a curious heart that waits for a win, I have gambled over 20 + bitcoins on primedice with a few accounts overall and never in my life I made a bet thinking I won't win.
360  Economy / Gambling discussion / Re: How long do you play per day gambling like Dice ? on: December 03, 2016, 09:55:00 AM
1-2 hours or until i reach my target it depends of my luck..sometimes going down and crash. But in another day it doubles or it keeps on crashing - Angry

Same goes for me here dude. As long as i'm winning then im playing. Also depending on the gambling type. Usually i get easily bored with games like dice. Once i lose one or two times there i lose interest already. But if i'm playing poker, or roulette, then it may take hours before i leave the table. Some gambling games are just much more enjoyable than others
I also do not have a fixed time frame for playing gambling, mostly  it depends on mood if I am in good mood then I continue gambling for a long while other time I just stop it after one or two bets, some time it also depend on the limited amount of bitcoins, as I have a fixed amount reserve for gamblinng therefore I do stop playing gmabling after reaching to my limit.
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