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701  Other / Archival / Re: Which one is more risky? Skill-based gambling or trading? on: January 16, 2017, 06:42:37 PM
- In my opinion, skill is only part of success, luck is the most important factor when trading or gambling
- Trading or gambling have a certain risks, but trading may be based on skills to reduce risk to the lowest level
- In gambling, skill is useless, it can not help us win

yes luck is the basic of all the games but still in trading experience  and skill with good knowledge also counts. therefore i will say that still skill based gambling is too much risky as compare to trading.
702  Economy / Gambling discussion / Re: How many bets do you we need to do in sports betting a day? on: January 16, 2017, 06:39:18 PM
Generally, I bet 2-3 times if i feel good and lucky. Also i have my time to select a good bet. If i win 2 or 3 times, I stopped, and if i lose i will stop playing all the day. Anyways, I'm looking for fun.
i most play gambling on cricket matches and there and play on on fancies, there are normally 3 fancies in T-20 matches and in every fancy i mostlyplay 2 to 3 bet so as a whole i play 8 or 9 bet in a 20-20 cricket match.
703  Bitcoin / Bitcoin Discussion / Re: Bitcoin, is it worth spending time collecting it? on: January 15, 2017, 09:27:30 PM
it has been more than worth it to invest in bitcoin so far. with the continued adoption and the over time growth all around the world price will continue to go up.
these days newer countries that we never thought are adopting bitcoin, Indians are so interested in investing in bitcoin, i have seen lots of interest coming from Africa also. all these will only lead to higher prices long term.
i think you can see the lover of bitcoin not only from India and Africa. but you can see the love of bitcoin from all over the world. i know even some people from Iran and Saudi Arabia who are interested in bitcoin.
704  Other / Off-topic / Re: Who controls the Bitcoins? on: January 15, 2017, 09:22:54 PM
I've got this one everybody. Everyone controls Bitcoin. You control it. I control it. My ten year old son and 11 year old niece control it.

Hehe, I think this is the most correct answers. Who controls the bitcoin? Of course we are, the owner of the bitcoin. Because so far, if we have a bitcoin then there is nothing anyone can manage it without any consent from us. Thank you
yes not a single person has control over full bitcoins. every one has control over bitcoins that are present in his wallet. and he has fully right to use these bitcoin according to their own wishes. and they have no restriction to about using their bitcoins.
705  Bitcoin / Bitcoin Discussion / Re: How do you store your bitcoins? on: January 15, 2017, 09:11:16 PM
you need an online bitcoin wallet to store your bitcoins. you can store it there and wait for it to increase more its value before you sell it. But I highly suggest that it is much better if you will invest it to some trusted bitcoin related sites.

If you want to store bitcoin for long term, you should use cold storage or an offline  wallet. that is how the bitcoins can be saved with more security.
Paper wallets are even more secure for storage.
i personally have no experience of cold storage and offline wallet. i only use blockchain and yobit wallets. i think these are also too much secure and trusted wallets but still i want to learn about cold storage. and offline wallet.
706  Bitcoin / Bitcoin Discussion / Re: What exactly can you buy with Bitcoin? on: January 15, 2017, 08:52:45 PM
I don't usually buy goods using bitcoin, if I don't invest the bitcoin I usually withdraw it afterwards. I haven't tried yet because I don't do online shopping actually. But, for those using bitcoin to buy goods much better because it is hassle free and because of that bitcoin industry is spreading rapidly.
in our are we also cannot use bitcoin directly for shopping. because our local shopkeepers do not accept bitcoin for shopping. therefore we also mostly use bitcoin for trading and investment. and then indirectly use it for shopping.
707  Bitcoin / Bitcoin Discussion / Re: The Reason Bitcoin will always be #1 on: January 15, 2017, 08:48:48 PM
For me the reason why bitcoin is number 1 because bitcoin is the  king of cryptocurrency and no one will stood a chance to win in the fight of bitcoin. The gap of other cryptocurrency in bitcoin is very very far from bitcoin.
i think in present time  the majority of people who know about digital currency are using bitcoin. and the number of bitcoin users are increasing more that any other crypto currency of the world therefore bitcoin is the number one currency and will continue as number one currency of the world.
708  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: January 15, 2017, 08:45:16 PM
The banks will not disappear because most of people in the world use bank credits. Like mortgage, vehicle loans, home loans, consumer loan or commercial loan. Maybe one day we can receive all these loans as a bitcoin but the place where we are going to receive all these loans is the banks.


But if people are not use fiat anymore, bank will be use less. loan money from bank is not good for us, the bank interest make us hard to pay our debt. The annuity interest is adverse the customer.
but i think it is no possible in near future that people will stop using fiat currency, because still a negligible % of people are using bitcoin as currency and it will take decades when at least half the people of the world will start using bitcoin. therefore i do not think that is possible in near future.
yes that is a fact that it is not possible that all the people of the world will stop fait and will use bitcoin for all their activities, because still a very little number of people are using bitcoin may be  not more than 1%. i also think that it will take  a lot of time.
709  Bitcoin / Bitcoin Discussion / Re: When did you begin using Bitcoin? on: January 15, 2017, 08:14:51 PM
I heard of bitcoins about 2 years ago but didn't pay much attention to what it entails until I was re-introduced barely 6 months ago and I rue not giving it much attention earlier.
Never mind how late we were to discover it and ignore this at first. Me too almost a year before I push through here. But, regardless of how long we have been here if we don't start doing the things to earn then it is useless also the important now is we are here enjoying the benefits of bitcoin.
same is the case here.i also start using bitcoin a little late. although i heard about it so early but did not give any attention to it. but now i am using bitcoin with full swing and will continue for ever, because even now i am getting good profit from bitcoin trading.
710  Bitcoin / Bitcoin Discussion / Re: Bitcoin sponsors in the White House?! on: January 15, 2017, 07:22:41 PM
I wouldn't expect any discussions about Bitcoin in the Whitehouse.  Donald Trump has recently said: “I think that computers have complicated lives very greatly. The whole age of computer has made it where nobody knows exactly what’s going on.”
That being the case, I would imagine any discussion with him about Bitcoin would be unlikely or at best, fruitless.
yes i also  think so. i think they may not be still giving any preference to bitcoin but i think in future we can expect that when the users of bitcoin will increase too much. and they will put pressure on US government to give legal status to bitcoin.
711  Bitcoin / Bitcoin Discussion / Re: Why the Bank would no longer fit for the future? on: January 15, 2017, 06:17:54 PM
Well nothing is predictable especially when it comes to the future, so we can't say anything about a few years later from now. And banks have been existing for decades now, their existence can be seen as one of the first sign of world's economy growth and we still can't deny the benefits of banks in some particular cases, so banks won't let bitcoin take over that easy.
The fact that banks have been here for a long time is actually a competitive advantage, but people tend to look for easier and cheaper solutions to get things done, and with the use of the internet, many people will know that Bitcoin is capable to simplify things and solve many problems, making the economy a better economy.
Yes I agree with you, there are people who are always looking for new things and ready to take the risk and we are those kinds of people. But still, there are people who like old style and don't prefer changes, especially if those changes are life-changing ones. And it's hard to persuade them to try out new things, it's even trickier when bitcoin is considered dangerous in a minority of people.
to me i think those people who are taking chance and risk are always succeeded, but if you will not take the chance you cannot to any thing, for example if i want to invest my bitcoin in trading alt coin, then i have to take risk and select a coin which i consider best for trading, and may be the price of altcoin goes up and can give me good profit  but if i am not taking the chance and risk i cannot make money in trading.
712  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ORO] OroCoin ICO Now Underway with Escrow Handled by monbux on: January 14, 2017, 05:31:42 AM
Dear Dev!

When wallet to be done? Or say me how mine this coin solo.


The source and wallets have taken a bit longer than we hoped, but we're nearing completion right now. We have 3 more issues to solve, which should take a few hours or so, but if all goes well they will be released tomorrow (US time).


Hi dev. What goals will need to be reached before moonbux releases the btc to you?

ICO contributions are released once the contributor receives their coins. In other words, once you have a working wallet and the coins you paid for are under your control.

Really the thing should be working fastly dev so that many people already have lot of faith in this project. It's right time for you to prove yourself as one of the legit person when you are doing all these. It's more better if the fund are with escrow so that more contributors will have an eye on this project.
I agree with you escrow is really needed. Also I hope this coin quickly get into popular exchange site soon after this coin launch, so I can trade it. Becouse a lot of coin that the price rise very high after get into exchange site.

actually people can only trust you if  you are using an escrow, because without an escrow no one like to put their money in risk. so if you want to get better result you need to hire an escrow, and i can suggest you lutpin for that purpose.
713  Economy / Economics / Re: How many Bitcoin do you have saved? on: January 11, 2017, 01:21:26 PM
I saved around the 3 bitcoins for now and I think that its okay and that I can make some money in the future with it.
it is such a personal type of question, but still i can tell you that i have a good amount of bitcoin , i bought some from my fiat and i earn some from trading alt coin, i also earn some amount of bitcoin from a signature campaign.
714  Economy / Economics / Re: Is Paypal a scam? on: January 11, 2017, 01:18:08 PM
Paypal is for sure no scam, I can even laugh about it, I think that PayPal is even better than bitcoin and the fact is that you cannot even compare them with each other.
PayPal is doing great things and the refund system is the best.
i personally have no idea about that, either paypal is scam or not. actually i never used paypal because its service is not present in my country, so one thing is clear it has limited service and is not present all over the world.
715  Economy / Economics / Re: Best way for steady income on: January 11, 2017, 01:15:13 PM
i think that the best way of making steady income is to participate in signature campaigns or just buy a lot of bitcoins and wait
You're right. Now, I take part in a signature campaign, which is generally paid, but the risk is small, and I don't spend much time every day.

No, signature campaign is not the best way of making steady income. Because it has a limitation and it can end anytime whenever the company that you are advertising wants to stop that immediately. For me it is better to make yourself engage with trading because it is more possible to have steady income with it.
yes it has a limitation. but at least steady income. a signature campaign has a steady income while trading and gambling cannot give you a steady income although you can earn a good money from trading and gambling but still their income is not steady.
716  Economy / Economics / Re: Passive Income on: January 11, 2017, 08:29:31 AM
I get passive income from rent heavy equipment, I have 3 units loaders and 5 units forklift, I rented out to several factories located close to where I live. Every month I get enough income and I not job. Everyday I just visiting heavy equipment that I rented out, buying spare parts for maintenance, and make sure everything no problem.


Then it's not total passive income.. it still requires supervision of the machinery, seeing that everything is working so you don't rent something that is damaged or not fully functions which would lead to big problems with renters etc... I think the only real passive income i can think off is renting parking spots. You have a parking spot and you rent it so someone so he can park his car... that's about it. It doesn't require any maintenance, it's just a space made of asphalt and that's all.
Other than that, I can't think of true passive income.

Stock ownership provides passive income if the stock pays a dividend. Savings accounts are also passive income, though inflation is likely to outpace the rate of return there, so you would see a nominal gain and a purchase power loss.
yes they are but i think the passive income is often a very small amount that we get in bonus or dividend. i think we should try to remain active in trading for short term or long term but need to invest in alt coin from where you can even make a good profit in a short period of time that will be too more that your passive income.
717  Economy / Economics / Re: Bitcoin can not replace fiat on: January 11, 2017, 07:04:13 AM
Yes i agree, bitcoin can not replace fiat in anyway

Yes that's what I believe too but you must indicate some reason on why fiat cannot be replace by bitcoin. And I guess fiat is just simply irreplaceable as it is the one that we have been using for centuries already and people will also have another hard time if ever bitcoin will replace fiat. But as of now, it is just a mere fact that bitcoin cannot replace fiat.
actually bitcoin is becoming more and more stronger than its previous position as we can see that the number of bitcoin users are increasing continuously, therefore it is becoming difficult to replace bitcoin by any other alt coin. hope bitcoin will continue its position as the number one currency of the world.
the users of bitcoin are still very few, and i think it will take decades to overcome fiat. because still most of the people are using fiat and those who are using bitcoin are also consider it as secondary option and still using fiat as their primary option.
718  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: January 11, 2017, 07:01:27 AM
So you post some stats about how the untrustworthy governments and federal reserve is stocking up on gold and we are all supposed to believe that. I dont believe any government and neither should you but its ok. Just keep holding onto your gold and see what happens in 5 years-10 years. You'll be poor wondering why you held all that gold and I'll be rich with my digital money.

You stated "Gold is dead. No one wants it" I posted information to prove that statement to be incorrect.

Russia and China are purchasing gold on the open market so there is no trust involved around stated quantities purchased.

Most believe that the Chinese hold a much larger amount of gold than publicly stated.

But if the best argument you can counter with is "I dont trust untrustworthy governments" rather than posting some facts and data then carry on.

All you state is your personal opinion and I presume you are not a qualified financial analyst.

All the big money i.e central banks, world governments and the very wealthy are hording gold not bitcoin.  Many countries are also now fighting to repatriate their gold from the US, UK etc.

Money = control, if you think those at the top are about to lose power to bitcoin you are living in a dream world.  The only reason they havent crushed it yet is because bitcoin is insignificantly small to them and they are probably using it to analyze blockchain security and scaleability in readiness for a move to digital currency (possible they will use blockchain but not bitcoin as several banks have allready stated)

The bitcoin Beta will end sooner or later but there is money to be made in the short term, its just knowing when to jump ship.



Gold is dead and no one wants it man. I know lots of people through work, my kids school, family, extended family and I am very vocal about Bitcoin and have discussed gold with many people around me. Some professionals, some on social aid ect and the one thing is for sure. They all think gold is worthless in their life but they can see the benefit of bitcoin and understand how it can directly affect their life.

My kids, they dont want gold. They want crypto. My friends, none of us want gold, we all want crypto. So at least around me no one wants gold. My father used to invest in gold mining companies and has even pulled all of those investments and put them in better places like facebook apple and bitcoin. You need to forget about the old and get with the new. The next generation of children will all want bitcoin and I can promise none of them will want to hold gold. Only gold they will want is around their finger.

Just admit. Gold cant do shit, cant help us and surely cant change our lives for the better but bitcoin and digital currencies can and will.

i think gold is the most safest investment. it will never let you in trouble because the price of gold remains very stable. but if you want a good investment from where you want to make money then bitcoin is the best option, although it is a little risky but still it can give you a good profit also.
719  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: January 11, 2017, 06:57:22 AM
If the prices of the houses have increased at this moment, you will think that you need to adjust according to the location. As bitcoin increases it is possible that this depends on how much bitcoin you have in your hand.

When you think about buying a home, you need to evaluate it when the price of bitcoin increases. At this moment your chances are good that you can still have a good home on the way, but you need to research well.





If you have a lot of bitcoins its possible and it would be nice, it has been done already multiple times buts its not happening a lot because its stays a investment and due to that people do not trust it.
yes it depend on the amount of bitcoin you have invested if you have invested a good amount of bitcoin then certainly you can buy a house for your self. as currently i am going to buy a new car for myself with the income of bitcoin. but just waiting for the price to go a little high.
720  Economy / Economics / Re: Is the economy situation in your country that bad? on: January 11, 2017, 05:34:15 AM
My country's  official data show that national's economic development is good, stable economic operation; employment stability; price stability; income and consumption growth. But my point is that the market economy is becoming more and more light, prices are higher and higher, corporate tax burden is getting heavier and heavier.
in my country the economic condition is now too good. the prices of every thing is goes up. unemployment is a big problem law and order is an important issues. i can only hope for a better future.
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