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881  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: November 19, 2016, 07:11:02 AM
Yes bitcoin is used all over the world but only a few thousand in every country if bitcoin wants to become a global currency i think is should be used by 1/4 or half the human population.
yes that is a fact that bitcoin is almost using all the countries of the world therefore to me bitcoin is alread a global currency. more and more  people of the world are entering in the filed of bitcoin and making bitcoin becoming more and more stringle
yes that is a fact that bitcoin is almost using in all over the world, but the number of bitcoin users is still very low, as most of the people still do not know about bitcoin. bitcoin still need good advertisement so that people may know about bitcoin.

No doubt about it bitcoin now is being used as global currency by those people who only know bitcoin but still we may say that it is still not applicable or quite sort of. But in conclusion, there are people from different countries that has been using bitcoin in the long run as investment, currency and trading platform globally.

Though bitcoin is used all over the world by people living in different countries, but it is still not that much a global currency as it is not yet legalized or used in many countries, i heard only about a few countries where bitcoin is used or accepted in physical world otherwise it is just a internet currency.
it does not need to be legalize to be called as global currency, the volume of supporters is making it possible and no matter this is not legal as long as it's no illegal also we can still succeed in the future. The fact that we have freedom in here then it would certainly attract people to adopt.
yes that is a fact that some thing that is not legalize cannot become a legal currency, for becoming globalize it is necessary for some thing to become a global currency that it should be use through out the world, and i think bitcoin is using in all over the world almost in all the countries of the world.
882  Economy / Economics / Re: How to teach kids about Bitcoin? on: November 19, 2016, 07:02:51 AM
https://bitcointalk.org/index.php?topic=1640095.0

I think when this gets made, you can sit with your kids, play and explain.  Grin


this is definitely what kid needs,knowing bitcoin through playing,even it will make them more happy and earning money if the game was rewarding a bitcoin for every winnings,just my hope that you will not add a betting feature because it would harm the child


I am too concern about my child, I won't feed about money or bitcoin in the early stage. Once his age crossed more than 16. then I would teach these stuffs to him to make bitcoin with the skills not with fauceting.
in fact currently bitcoin is using for investment purpose only as there are not such facilities to use bitcoin as cash in most of the areas, therefore it is not  a good idea to teach to kids about bitcoin in such an early stage, they should first complete their study and only then they should learn about bitcoin.
883  Economy / Economics / Re: The dream of getting rich with bitcoins on: November 19, 2016, 06:56:33 AM
Well get rich these days with bitcoin you must be lucky at first, and invest at some altcoin and wait, for the moment is the best opportunity to reach those status or investment at some exchange or similiar thing.
no doubt this that luck is the 1st most important element for making money and becoming rich, but in some gambling games you need to have good experience and skill.
884  Economy / Gambling discussion / Re: Online Gambling vs Real Gambling on: November 19, 2016, 06:39:11 AM
No one is better or worst... Each kinda game has it's own particular way... Online could be easier because many good players impose some pressure in live games that is ultimate... But player not so good are easier to pick up bluffing or you can observe easier their games based on their behavior.. Online is very difficult but live game is so much intense, there's lot of external issues in live games.
each game definitely has its advantages and disadvantages of each. you can get a friend who is very much real and more fun if you play offline gambling. however, you can play with ease without interrupting your work if you play offline gambling. Well, it just depends on the time

I agree, both of them have their own advantage and disadvantage. The advantage of online gambling is you can do it anywhere just by having an internet an smartphone or laptop, the disadvatage of it is winning over the house edge is difficult. While the advantage of real gambling is your opponent is a real player and it is more easier to win them, the disadvantage of it is you must go to a real casino to gamble.
to me i think in physical gambling there is more fun as compare to online gambling as  in physical gambling you can see and examine every thing physically, but online gambling is better in those area where gambling is not legal and one cannot have access to casino, in such case online gambling is better than physical gambling.
885  Economy / Gambling discussion / Re: what is definition gambling in your mind? on: November 19, 2016, 06:33:43 AM
For me, Gambling is a game which is very addictive because it involves money, and every time you lose your addiction gets higher and higher every time you lose because you want to win back the money you lose. You won't stop until you get it back, but the truth is you can never get it back because the house always win and there is only 40% chance of winning.
to me the simple definition is that gambling is a game of money. but it is just different from other types of gambling.  in some countries it is legal and there are special types of casino for playing gambling while in other places it is not legal and totally banned.
886  Economy / Gambling discussion / Re: To Gamble or To Invest? on: November 19, 2016, 06:19:17 AM
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
Well, actually both are waste of time and inferior to trading. Maybe because I have better skills than you and maybe because I am more lucky than you all, I am not saying you should trade but for once buy bitcoins cheap, sell at higher price and see the satisfaction you get.

Between gambling and investing still invest is better option unless you need quick money.

Greediness will never bring benefits for both, when you are greedy in gambling you will easily lose your entire bankroll while in trading you might as well miss the chance of selling, everything should be properly written and you have to follow it religiously and you need discipline to be able to do that.
yes  you must be very careful and having full control on your nerve if you want to make money trading and specially in gambling, as most people when playing gambling win some money then they become more greedy and try to make more and more money but instead of making more money they lose the winning money as we ass the
887  Economy / Gambling discussion / Re: LUCK!!! :) How does it feels? on: November 19, 2016, 05:49:28 AM
Did you ever got lucky in gambling and betting?  In gambling it will be a great memory to be smiling at if you got the lucky jackpot.  In Sports Betting Luck is minimal it is a kind of chance tosser to back your analysis and comparison for a decision. Usually you need luck when its gonna be a tight match it is like a head and tales result.
We'll im waiting for my lucky day in gambling and also in betting to get big jackpot like in bitsler , bitsler has a big jackpot every month or it will bigger and bigger but in gambling you need to analyze the mechanics and the game how it works you need to entertain people to good good ideas.
as gambling is a game of luck and if you really want to get a big jackpot then you need to invest a big amount and that is too risky as you can in turn lose your own invested money ans will will remain empty handed therefore to it is better to invest such amount of money that you can bare to lose and  never try to cross that limit.
888  Economy / Gambling discussion / Re: Putting money in lottery is gambling too? on: November 19, 2016, 05:38:47 AM
Sure its gambling what you would say about lotery its just a game? Which you throw money to the jackpot, and play against others trying to get the main prizes. Makes no diference lotery of bitcoin as the real lotery systems, people keep gambling at lotery even with the soo many financial problems showing up.
That's individuals decision and they have the freedom to spend their money, I know lottery does not really make you lose big because you just have to bet a small amount of money hoping you can win the jackpot which normally millions. Even if you have problem, you still have the right to enjoy.
Lottery can in fact make you lose big, if you buy hundreds of lottery tickets, that is not really that different than putting hundreds of bets on the roulette, slots or blackjack.

agree with you mate. playing lottery can really lose us big especially when we buy bunch of tickets thinking that more tickets means more chances to win. Well, this maybe true but let us be realistic to the fact that lottery has more number combinations than any gambling games out there - you need to buy hundreds or even thousands of combinations before you can really hit the jackpot. You can do that but your bet is much way bigger than your jackpot winning.
and its a matter of luck because even a single ticket holder will win if luck permits him, this habitual small way of gambling can be an easy passing way to become rich is really hitting the market i guess no one here doesn't want to be an instant millionaire right.
most of gambling games depend on luck and there will be very little number of gambling games in which experience and skill matter, for example in sports games we can use our previous experience and skill can help us in gambling. in case of lottery it depend totally on luck experience and skill cannot help you in lottery gambling.
889  Economy / Economics / Re: The future of the paper money on: November 19, 2016, 05:27:29 AM
the existence of paper money in the future will begin to decline and be replaced by digital money  Roll Eyes. payment transactions with a card, atm card and shopping. and also because paper money is less efficient if in large quantities. but it's still in the long term because of the profit they make money medium digital / electronic novelty of this period. Shocked

I beg to disagree.. the paper money will not ever replace even digital currencies. Its that’s not a concept most people can get their heads around, which has been Bitcoin’s great limitation. It might overcome that hurdle, or it might not. The only certainty is that money will keep evolving. If money represents value, and value is a reflection of our needs and desires, then money is simply a reflection of us. And it will continue to change as long as we do.

While I don't particularly disagree with your point that Bitcoin might never replace paper money (since that seems to be what you meant to say, it was hard to decipher your message), I can't possibly agree that the technicalities of Bitcoin could hinder its adoption. They can be very well hidden by the wrappers which web wallets already use. In fact, just to fill a typical bank payment order you need to spend substantially more time and effort than to make a Bitcoin payment. Even if you use a bank payment card, you still need to enter a lot of auxiliary data (such as card holder's name, expiry date, security code, maybe, something else that I don't know of) while in order to make a Bitcoin payment you need only to enter the receiving wallet address and the amount to transfer. I mean if you use a web wallet, of course...

In this way, I don't really think that the technicalities are a real obstacle
For me, it's the trust issue.. Banks are centralized and people especially the depositors are comfortable with their money as they know it's secured while in bitcoin it's not safe because it's decentralize and when the entire system is down our money will be lost. Simple as that why people continue to use paper money as it's government regulated.

Bitcoin has advantages in transaction than paper money and vice versa.
Digital currency is a future payment method but I think paper money will be still exist as long as digital currency can be hacked.
Security issue is what hinder digital currency to replace paper money, we still need a form of money (medium of exchange) to do transaction just in case.
We need both of them to store them securely, I mean when your digital currency hacked at least you still have paper money on banks or safes-box.
yes that is right to say bitcoin is easy to transfer it do not need to transfer in to local currency if  you are buying some thing in another country as bitcoin is a universal currency and it has the same price every where in the world.
890  Economy / Economics / Re: Is it better to save money or invest it? on: November 19, 2016, 05:10:29 AM
I think saving your money in bitcoin is an investment and if you save you money in bank is also investment and if you are planning to save then you are planning to invest too in short saving and investment is the same.

For me. I didn't consider my deposit on bank as investment. My main objective is just to save when i deposit and not to have a profit. The interest ia very minimal so it is not considerable as an investment. Investment is putting tour money in line with the presence of riak on losing it. In short it involves gambling. So there is a little bit difference between the two.
to me if you put your money in bitcoin then there you can get double benefit, first your money will be too much safe and additionally it  will also give you additional profit it the price goes up. you can also get good chance to investing your money in a good potential alt coins.
891  Economy / Economics / Re: If you were in desperate need for money.... on: November 19, 2016, 05:01:36 AM
It depends on what desperate situation, I guess. If I had nothing to eat, then probably beg for the day and try to work for the next ones. I would do anything to live. If it's not that desperate tho, I'll work for it the best I can.

That's the thing that you must not do, that "you will do anything to live." I'm sorry but its come to my mind about those things that can't be good for other people because of that statement. Because my friends are telling that either and they are able to commit criminal act such as stealing. So maybe you should enlighten yourself about it, just saying.
yes we should not do every thing for our live, we should also care for the lives of other, we should select the same thing that we select for our selves and only then we can spend a socialize life. otherwise it is not possible to lead a social live in this world.
892  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be replaced by another cryptocurrency? on: November 18, 2016, 06:27:36 PM
We can not say that bitcoin was always on the top but we need to believed that bitcoin would gives us income everyday in our live and every time we collect bitcoin since bitcoin is on the top we need to take it advantage to earn more money.

We cannot speculate the bitcoin price it is volatile but bitcoin will be always top in among all crypto currencies and these much years other any digital coin beats the price of the bitcoin also then how can its potential can hit by other crypto currency.


Definitely, bitcoins will never be replace by any other cryptocurrencies. There's so many cryptocurrency in the market, i dont know if every when new crypto has born but i think every month or even a week new crypto was intoduce in different exchanger site. Even tgere's so many crypto out there no one has defeat the popularity of bitcoins. And now bitcoins was increasing its price day by day, so how can another crypto replace bitcoins.
yes that is a fact that bitcoin cannot be replace by any other currency, as bitcoin is one of the most popular crypto currency of the world and still its popularity is increasing day by day, therefore it is not possible that bitcoin will replace by any other currency.
893  Bitcoin / Bitcoin Discussion / Re: Does bitcoin help your life in daily needs? on: November 18, 2016, 06:14:27 PM
I can't say yes or even no for now. But i think bitcoin help to other users here maybe. If i have enough bitcoin and change it to money well thats the time that bitcoin wil help me in simple ways. For me bitcoin won't help the life of the users in daily needs but suddenly  if i have a 10BTC or more than of it well that's the time i would i say that bitcoin really a great help in my daily life.
but i am 100 % sure that bitcoin is really helpful for me in daily needs, i am making good money in investing bitcoin in alt coins which really help me in completing my daily needs and that is the reason that i consider bitcoin as my secondary source of income.
894  Bitcoin / Bitcoin Discussion / Re: What do people around you think about Bitcoin ? on: November 18, 2016, 06:10:14 PM
I think those people around me does not know about bitcoin but few of my friends are now using bitcoin and they start earning by doing sports betting but they do not even know yet how to transact it online.
yes in my area also there are very little number of people who know about bitcoin , as i am continuously introducing bitcoin to my friends relative and i am really getting very positive response from them. hope very soon in my area majority of the people will start using bitcoin.
895  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help poor countries? on: November 18, 2016, 06:01:04 PM
It is not only poor countries that can benefit from bitcoin. Most of us live in the digital world now and even if you are either from a poor or progressive country, we are going to encounter these digital currencies one way or another. It is up to us how we will benefit from what bitcoin offers to us. What can hinder people from third world countries is the lack of knowledge and proper infrastructure to educate them what's going in the cyrpto currency environment.
yes in fact crypto currency is now the need of the time. as the new generation interest is now toward the online shopping  therefore  bitcoin is gong to be the world number most popular crypto currency.
896  Bitcoin / Bitcoin Discussion / Re: What would happen if BTC was Banned? on: November 18, 2016, 05:55:18 PM
Although, they could make it illegal, it would be nearly impossible to track people who continue to use Bitcoin and governments probably wouldn't be bothered to track who is using Bitcoin. They would have more things to care about. I would continue to use it anyway.
yes it is my right that they cannot to trace but if they are converting their bitcoins in to fiat then they can be trace, so it is important that government should accept bitcoin other wise problems will be created.
897  Bitcoin / Bitcoin Discussion / Re: BitCoin Friendly Countries on: November 18, 2016, 04:27:28 PM
Which country has most number of bitcoin users, miners and vendors? And in which country bitcoin is accepted the most? Like in at institutes or super malls or stores etc.
Has such data been calculated and available on the world wide web?

Bitcoin has users from all around the world, but it is used more in eastern Asia countries and South America countries if I am not wrong, especially China which has great impact on Bitcoin price as the biggest Bitcoin mining companies work in China.
 
yes that is a fact that the number of bitcoin users are more in China but i think you can also find the users of bitcoin in all over the world, like India, Russina, Pakistan, Afghanistan, Dubai, American Japan, Canada, USA etc.
898  Bitcoin / Bitcoin Discussion / Re: NEver keep all your coins on an exchange on: November 18, 2016, 04:23:56 PM
yes, never keep your coins in an exchange. because anytime a site might get hacked. or maybe the owner might run and take all the funds. i strongly suggest too that you must only invest what you can afford to lose. never invest all of your money. you might lose it all.

regards.
yes that is right we have a live example of bitfinex, when it hacked, it really effect the price of bitcoin too mush, but luckily bitcoin recover its position very soon, we should invest our money in such exchange that we can think are more reliable and trusted exchange.
899  Bitcoin / Bitcoin Discussion / Re: Difference between Bitcoin and real money? on: November 18, 2016, 04:19:38 PM
Real money is a paper. It exists, you can touch it, you can do whatever you want with it. However, it's hard to stay anonymous when it comes to real cash. Bitcoin comes with this amazing feature, providing you anonymity and the freedom of choice. You can create as many accounts as you want if you want to "camouflage" yourself. It doesn't exist physically, but it does exist online and this is what technology is about.
yes that is a fact that fiat currency is paper money while bitcoin is a crypto degital currency, bitcoin can also be use as investment, bitcoin is accepted every where in the world where as fiat currency is centralize and every country has their own currency.
900  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: November 18, 2016, 04:15:35 PM
     Bitcoin is the digital cryptocoin were is decentralized, easy to setup, anonymous, completely transparent, fast, very law fees in transactions (practically near zero) and most important freedom because everyone at the same time is the bank and the customer. Which of previous characteristics has a bank?   
yes no doubt all these characteristics of bitcoin are free but to me the main problem is that still not a single country accept bitcoin as legal currency, if we want bitcoin more stable and more reliable then it must be legalize by states.
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