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41  Economy / Economics / Re: Bitcoin is an asset or currency. on: October 17, 2017, 11:34:31 PM
I personally beleive bitcoin is an asset rather then currency. If you trade it on a low scale then The transaction fees will ruin you. So better buy and hold butcoins for a long term invesent and make it an asset for future to sell it at 10k $.
Bitocin has been introduced being a currency and it is still working in the market being a currency but if we evaluate bitcoin deeply then we may say that bitcoin is going to become an asset of the world because it has been announced that there are 21 million bitcoin in the system so it mean that bitcoin are limited in quantity while currency by nature is not limited somewhere. In this regard I consider bitcoin being an asset.
42  Bitcoin / Bitcoin Discussion / Re: Bitcoin being regulated in a country. on: October 17, 2017, 10:39:34 PM
The government should have a minimum of influence on the bitcoin network, and they should not regulate bitcoin. It is necessary that a mechanism be developed to ensure that bitcoin was regulated only by the community of bitcoins
It will be the end of bitcoin when it became regulated by someone because due to decentralize feature bitcoin is growing very fast in the market regarding popularity. No one country of the world has the ability to control bitcoin according to their well and currently no any country has succeeded to overcome the issue of bitcoin regulation in the world that’s why bitcoin is more attractive for people.
43  Bitcoin / Bitcoin Discussion / Re: Bitcoin Being Manipulated on: October 17, 2017, 10:03:20 PM
Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free. Grin Grin Grin
First of all it is very difficult to bring any kind of regulation on bitcoin because bitcoin is completely decentralized and countries have failed to bring any regulation policy to control bitcoin according to their well. No one in the world can get control over bitcoin that’s why no one can use bitcoin being manipulated nor bitcoin itself manipulated for himself because bitcoin has given profit to people. Bitcoin is totally democratic for people so manipulation doesn’t exist here.
44  Bitcoin / Bitcoin Discussion / Re: interest in bitcoin is increasing on: October 17, 2017, 09:34:45 PM
As per we can see the interest in bitcoin of people is increasing at a high rate...I believe it will be our future...but will the shoppingsites like flipkar,amazon be able to accept bitcoins?
may be in the next generation.......thanz fr reading

So many people increase interest in bitcoin because the continues increase of the value per bitcoin and the money you can get by using bitcoin. I dont think big shopping sites like amazon will allow bitcoin as their mode of payment because bitcoin price is volatile and there will be a chance that they lose its value   
Although big shopping malls have not yet been accepted bitcoin for payment purposes but the people interest in bitcoin will compel the shopping malls to accept bitcoin and we may see that the rapid increase in the price of bitcoin is due high demand of bitcoin in the market and it shows that the people are taking interest in bitcoin business. Most probably in 2018 bitcoin would be treated being the value of diamond.
45  Economy / Trading Discussion / Re: Confused about upcoming Bitcoin fork on: October 17, 2017, 05:23:16 PM
To get free Bitcoin "gold", one just need to keep Bitcoins in exchange? Like for exemple did Kraken.com last time give Bitcoin Cash to all those who had Bitcoins? Relatively new in this world so don't know what happened in last fork. Or one need to keep them in particular bitcoin wallet to get free gold?
yes that is what you should do keeping your coins in your exchangers account to get free coins. During August splitting we see how most of the people that live their coins in exchangers sites get free coins I also got free coins from poloneix. Some also keep there bitcoin in some wallets and get free coins then.
It is not yet conform that either this time they are going to give extra coins or not. but i think that there is no need to confuse about holding bitcoin. i am too much sure that everything will be in favour of bitcoin. After hardfork it is also expected that the price will again boost and this time hopefully will cover 7000$. So holding bitcoin during hardfork will be not risky but will be more profitable.
46  Bitcoin / Bitcoin Discussion / Re: Worried about btc future on: October 17, 2017, 04:08:57 PM
So far, the future of Bitcoin looks very bright as more people, businesses and governments recognize it, BUT yes, something can always happen that'll negatively impact BTC, like a war or recession, etc. This s why it's always a good idea not to put all your eggs in one basket. Don't invest too much money in BTC.
I do no think that there is any reason to worry about bitcoin future. In fact bitcoin is still very new and less than 2% of the totally population know about bitcoin, but now the popularity of bitcoin is spreading too fast and therefore more people are entering in the world of bitcoin. So we can expect that the future of bitcoin is too much secure and bright. I think it is a good opportunity to invest money in bitcoin and get a good profit in near future. I myself have invested a good amount of money in bitcoin and still going to invest more.
47  Economy / Trading Discussion / Re: WHEN IS THE BEST TIME TO PURCHASE BITCOIN? on: October 17, 2017, 02:04:24 PM


I think no one can determine the best time. the best time is when buying a bargain and till the moment it sells its value to be doubled. it is an exciting moment. so I think that's all the speculation that everyone is doing.
I think that if we are studying the market we can at least speculate about the price of bitcoin that either the price is going to increase or decrease. To me my person view is that the price of bitcoin is too much expected to increase, because of the increasing demand of bitcoin. In fact people are more welling to invest money in bitcoin, because they know the importance of bitcoin and therefore they do not want to miss the golden opportunity.
48  Economy / Trading Discussion / Re: Bitcoin or altcoin, which is better to invest into now? on: October 17, 2017, 01:06:06 PM
As Bitcoin keep climbing and altcoin keeps going down, is it better to invest in bitcoin or altcoin now?
BITCOIN would be a better investment than altcoins simply because bitcoin is the mother of all cryptocurrencies.it is the most popular crypto available in the market . it has higher acceptance than any other crypto available in the market right now and looking at the current increase in popularity,i think that it will be used by everyone in the coming years.
keeping in mind the upcoming hard fork ,within one month,you can expect the price of bitcoin to be above 7000$.

most altcoins , on the other hand are scams.the risk of loosing your money is very high if you invest your money in altcoins.
I think that there are so many other altcoin which also have good potential to increase and i think investment there can also be profitable. but i think that in present time investment in bitcoin will be a more good option, because people are still too much confident and investing money in bitcoin. therefore there are more chances that bitcoin price will increase more.
49  Economy / Trading Discussion / Re: What is the risk of holding Bitcoin? on: October 17, 2017, 11:38:54 AM
I think there is no risk of holding bitcoins because holding bitcoins is really an advantage. I am holding my bitcoins because I know that I will gain many benefits by storing it in my online wallet.
Currently bitcoin is uses as for the purpose of trading and investment. So all types of investments are risky. but if a person want to make money then he need to take the risk. because without taking risk no one can make money. I think in present time bitcoin is the best place to invest your assets. because it can give you a good profit that is not possible even from day job. Bitcoin has already made people rich and still it has more potential to make more people rich.
50  Economy / Gambling discussion / Re: the future of gambling on: October 17, 2017, 08:06:02 AM
I think that in the future there will be a lot of different kinds of gambling with different methods of payment and types of winnings. Technologies do not stand still and gambling is also developing.
Yes, every time that years past a lot of new technology are created and I think there are also new gambling games will be created so gambling will also have a lot of future because gambling is hard to lose because of the entertainment that can give it to us.
There were no future in gambling, if you are a gambler and you just want to earn income for gambling I think this is not good idea. Moreover, gambling is a game for fun not for earning profit, because if you used it for earning profit I think instead of profit you were gain loses. I believe that if we continue gambling our income there were loss our future together with the future of our family.
I know that we cannot make good profit in terms of gambling, I know that gambling is a game for fun and no for earning good profit, I know that already. The topic here is that, "the future of gambling". So, in my opinion gambling will still there and will not disappear if a lot of gamblers will still play, gambling will have a good future and some gamblers can make their own gambling houses or site.
That's the truth, nothing could ever stop gambling as long as there are people playing it. If you think that you could stop it, you can't. The future of gambling can be innovating on how people gamble like in the modern era, the internet has made gamblers comfortable by playing in their homes. I guess there would be something better in store for the future of it.

Gambling is profitable business than others.That's the reason we see so many new ico projects related to gambling and this projects can be successful many times.People require addictive things and bussinesmen offers new options in casino games.
There are a lot of ICO projects that are not related to any gambling, so I don't understand why you're connecting it to gambling. It's best to have your own gambling business if you want but if you can't, then you could stick to other things. There would be a lot of future projects with coins but not concerning in gambling.
Gambling has a very bright future. and specially after creation of bitcoin which make it more easy for the people to play gambling online without visiting any casino. i think that in future as soon as bitcoin is getting more popular, i am sure that the future of gambling is also becoming secure and bright. because online gambling is now attracting people more and more.
51  Economy / Gambling discussion / Re: Regulated Cryptocurrency Betting Just Got a Big Boost in Europe on: October 17, 2017, 06:49:06 AM
Quote from: szpalata link=topic=2254079.msg23e105739#msg23105739 date=1508184306
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Pretty exciting news! Bitcoins are indeed the money of the future, and even these European countries are now realizing it. The government itself has allowed for such a platform to exist and gave license for it to operate under such circumstance. I think the world is slowly accepting the existence of cryptocurrency and soon we would likely be able to see a mass adoption to cryptocurrency.

I could agree with you more, it's gradually happening and the world is accepting Bitcoin through some of these government regulations and interventions. I think it's laudable and we hope more European countries will get involved as we move forward in the near future.
Bitcoin is now becoming more popular and specially in the world of gambling the use of bitcoin is becoming more popular. In fact it is more easy to play gambling online using bitcoin. i think that in future people will stop visiting physical casino and will like to play gambling online, In fact online gambling keep you more secret and anonymous. It save time time and keep you more safe.
52  Economy / Gambling discussion / Re: Do small investments make sense? on: October 17, 2017, 02:06:15 AM
I believed that everything is started at small thing. Yes we started our investment into small investment but it can grow so the next time we can invest big. There is no big things if there is no small things. We must appreciate those small thing because it can make our dreams into reality. Just believed.
In very beginning and early stage it is too much important to invest a small amount of money, while in long term investment you should invest a good amount of money so that after some time you can get a good profit.  i think that it is too much important to get some experience first and then should invest money in bitcoin. Investment is not as easy as we think. It require a lot of experience and practice to become a good investor.
53  Bitcoin / Bitcoin Discussion / Re: Bitcoin and generation gap on: October 16, 2017, 11:21:50 PM
Nowadays the “identity” of bitcoin is known well only amongst people, who are pretty much “into” the computer technologies and crypto-world. Others, especially the elder generation (people from 40’, for example), imagine bitcoin as something mysterious, fake and dangerous, though it is not. 
It’s technological contents are more than real and very helpful for the modern world. So, in terms of this situation, I would highly appreciate your help with coming up with easy and understandable lines for changing people’s thoughts and points of view on bitcoin. 


Sadly it's very hard to explain the concept of bitcoin and blockchain. Like every new technologies, generations are left behind and cannot grasp the full concept of these things. I think the best way of explaining it to someone is with visuals, you won't be able to with words only
In light of the past experience we may say that introducing new technology amongst the people is difficult because new technology takes some time to fully introduce himself in an society and among people but if we examine the bitcoin history so we may easily conclude that bitcoin has not taken much time to introduce himself in a country/society as compare to other technology. I don’t think so that bitcoin and new generation has much gap between each other. 
54  Bitcoin / Bitcoin Discussion / Re: So Bitcoin is better than Gold? on: October 16, 2017, 10:48:46 PM
So Bitcoin is better than Gold? Roll Eyes
Although prices of bitcoin have escalated over that of gold but still I don’t think bitcoin is better than gold. Because
Firstly gold is a very precious metal and has physical presence therefore it’s price keeps on increasing where as in the other side bitcoin is a digital form of currency only.
Secondly gold is a stable form of currency which means that its price does not fluctuate a lot and it can be broken down into cash when ever needed; unlike bitcoin where prices fluctuate every minute.
Then gold is regulated by the government which leads to increase in its stability where as on the other hand bitcoin is not controlled by any government or bank.
t is very much important for me to determine earning of something in a parameter of time worth and it has been clearly found that a person can get unexpected/in high amount earning from bitcoin than gold regarding time consumption. Both gold and bitcoin are assets of current era but earning nature of the both are different so in this case I think we should have to focus on time and then decide one of these two for our investment.
55  Economy / Gambling discussion / Re: Did you learn from your gambling mistakes? on: October 16, 2017, 10:18:12 PM
Many gamblers know that they can't win money from gambling but they keep on gamble again and again but not with a small amount. Some people even borrow money from others to gamble. That means they never learn from their past gambling mistakes.

Are you doing this kind of gambling mistake?


I definitely learned from my gambling mistakes. The thing is no matter how you learned or what you learned, you're still going to repeat, but this time though you'll try to make a difference out of that mistake, which ends up making it all better.
And all this is called the experience, this experience really help you to make something better out the worst. It is often said, “Either you win or you learn”. So yes better is to learn from the mistakes you have done once. For the next time, these mistakes shouldn’t be repeated. And like you said, you are going well in this regard but still gambling is not good.
That is right that experience make man perfect. I think i am really learning from my mistakes in fact in every field of life. Gambling is a game which we consider as a good source of income. some time it  look to me as very simple but in fact gambling is too much complicated and it require a lot of practice, we usually make more mistakes in gambling which in fact become the reason of our lost in gambling.
56  Bitcoin / Bitcoin Discussion / Re: Can cryptocurrency make real money disappear? on: October 16, 2017, 08:31:00 PM
What are the chances of living in a world with no actual money ?  Shocked
The chances are very low, bitcoin or crypto in general will become one of the payment method in this world alongside with fiat, they won't replace fiat completely as no country will want that. The government will protect their country currency and won't let bitcoin replace is thus bitcoin will exist together with fiat.
In fact currently it look like difficult but in future when bitcoin will turn as legal currency, and when the users of bitcoin will increase more, then people will give more preference to bitcoin and will slowly reduce the use of fiat, as bitcoin is more convenient to use as compare to fiat. therefore i think that it can be possible but still it will take a lot of time and is not possible so soon.
57  Bitcoin / Bitcoin Discussion / Re: Will bitcoin replace gold? on: October 16, 2017, 07:56:04 PM
It'll never replace gold. Gold is rare enough to mean something. But its an alternative. I don't think people would like to base their fiat money on Bitcoin though so gold will still be a backup to your money.
It will replace gold. By the way it has replaced because bitcoin is going very rapidly while gold is going very slowly. Gold is an old era while Bitcoin is new technology even they are launching there new project about gold too. Which is called bitcoingold. Where people will purchase and then sell after the price of bitcoingold increase so we cannot say that bitcoin will never replace gold but it has replaced gold because bitcoin having potential power while gold does not having that power.
I think both bitcoin and gold do not have any thing match. Bitcoin is a virtual currency while gold is not currency, it is an precious element, people are using it for different purpose, bitcoin is some think virtual having no physical body, while gold is physical status. people use gold for saving purposes and making jewelry from it, while bitcoin is a currency and people are using it directly for buying stuffs in online shops, even in some places using bitcoin in local shops also.
58  Bitcoin / Bitcoin Discussion / Re: Why we should rely on bitcoin, if government regularize it ? on: October 16, 2017, 07:20:58 PM
i don't think that the goverment is going to regularize it.
I think we have good example of Japan, who are economically too much strong, they regularize bitcoin, and i think still too much successful. Therefore i am sure that other countries will also regularize bitcoin very soon. In fact it is depending on the number of bitcoin users, if the users of bitcoin are increasing from time to time then they will surely compel their government to turn bitcoin as legal currency, because it is the need of the modern time to have a online currency which we can easily use throughout the world.
59  Economy / Gambling discussion / Re: How do you know if a gambling site is scam or not? on: October 15, 2017, 11:59:33 PM
Knowing this kind of information is pretty easy nowadays , internet and google are your friends and you can get any kind of reviews/comments on any forum . If you search that on internet you have more than 99% of chance to find what you'll need in the first 3 links provided . Never engage yourself or money in a gambling website without seeing reviews about it's reputation 1st .
Now there are more forums that are reviewing each sites,things or places. It's popular for a sites now to have reviews or recommendations as well as clips or insights from popular blog will be a great help.
Correct you just for a site and you can millions of review for it sometimes for it or even against it doesn't matter forum can help us decide and even allow us to discuss about the site if we feel something isn't fine about it
I will share my experience rather trick in this matter. If anyone has any doubt related to any website or company, simply Google it or go to YouTube. Then try out social websites. Believe me it works.
This is how I check out websites and after being satisfied, spread the news on all forums and social sites to save others. Scamming sites don't give you money. They will ask for many senseless things to do in order to get money.
.
We do have the same habits on searching up things when we are on doubt searching simply on google would really be a big help already which you would normally seek for legit feedbacks.Dont be easily fooled on a few numbers because most of them are paid or just the owners who are making such comments.The best place for me is on this forum which you can really get legit feedbacks.
We are the same I always consult google if I am doubtful with something specially when it talks about spending my money. But with crypto and gambling site I prefer reading feed backs or review this place is the best source to know anything about crypto related stuffs.
I think that it is too much important to have good knowledge about where you are going to invest your money. For example if you want to invest your money in a gambling site, so you must first do study about the site, must get some information from surrounding and after your satisfaction you should take a step and should invest money there. because there are a lot of gamboling sites which are totally scam and will only take your money and will disappear.
60  Economy / Gambling discussion / Re: Does experience matter in gambling? on: October 15, 2017, 11:46:52 PM
Experience can sometimes be useful in games like poker or sports betting, but still a high probability of success depends on luck, not on years of experience.
experience would be useful but not for all the gambling games, or it could be said the experience is not needed in all games or just some games that require experience, but luck is needed in all games, luck is the most important and most useful, but luck is also the hardest to obtained.
 

That is right that experience is always matter but in such places where experience can play its important role, Because in some places there is no use of experience and skill;. for example in lottery you cannot use your skill and experience  because there we totally depend on our luck.. if a person is lucky he will certainly make good profit from lottery and will win or wise he cannot use his skill and experience.
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