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541  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Really The Future Of Money? on: December 28, 2016, 05:59:31 PM
yeah bitcoin is the future of money because bitcoin is very much popular currency and bitcoin getting more popularity day to day and a lot of people adopting bitcoin for the future and a huge number of people store their money in bitcoin.

For me bitcoin is really a future of money because its getting popular nowadays and most users as far as i had observed were young individuals particularly in tradings of altcoins. Digital currencies like crypto currency will gain its reputation as well as fiat currency will also be recognized as future money which people have their own optional use whether they use bitcoin or fiat because both of them were very compatible at all and they became like partners in the future of online transactions.
542  Economy / Gambling discussion / Re: Do you feel shameful for being a gambler? on: December 28, 2016, 04:55:54 PM
for me even If I am not a gambler (but I wished so) or if ever I don't see any point or reason to feel shameful just because I am a gambler, as if they know that I'm gambling Grin well you really don't have to feel shameful because of that thing that is the that your finding a happiness so why you should feel that emotion ? .

No i will not be ashamed of doing gambling because the money i use when i gamble is coming from my hardwork which is my stable job and doesn't came from stealing or illegal money. Even if i gamble online, addiction to it doesn't affect me because i know how to manage well on my investments and i use bitcoin digital currency so that i can bet with small amounts and have fun. If you have done illegal money making thats the time you will be ashamed of and not the money that came from good source.
543  Economy / Economics / Re: Can we Manipulate Bitcoin price? on: December 28, 2016, 03:40:32 PM
A one-time sale of, say, 1,000 to 1,500 bitcoins can definitely move the price. I'm afraid you are overly optimistic about the liquidity.

Even at the low end, you are still talking close to a million dollars in one trade,
and that would probably only move the price a few dollars.
It would take multiple million-dollar transactions to move the price in any one direction for more than a few minutes at this point.

Bitcoin is used from most of us as an asset and not as a payment system. So I agree that some thousand of coins could change the direction of the price. Maybe could lead many users to sell their coins in panic. And yes million of dollars of transactions is easy with btc. We must feel that 1 million USD = 1000 btc now.

I would say that we can't manipulate bitcoin price because it depends on the demand of buyers the price will goes up and sometimes go down and if the demand decreases its price will be cheaper compared from previous which demand is higher. There were some speculations from those buyers who like bitcoin price to be cheaper and when it happens they buy bitcoins and sell again for they got big profit from it when btc price strikes again its peak price.
544  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: December 28, 2016, 02:56:47 PM
I think Banks will not disappear
but maybe they will use Bitcoin.

Yes, in fact we are looking forward for this thing to happen.
But bank will not replaced by bitcoin because of its government's support and even there are many people who are truly using bank.



That's true and it's hard to believe that a new young crypto currency will be able to replace the banking system that very easy way. That's why there are countries that are banning bitcoin because they know that it is going to be a demand cypto to their country and that can make people not obliged to pay their responsibility like tax.
Yes, they banned bitcoins in their country because they don't accept that the bitcoin will defeat banking systems because in bank you have a small profit but in bitcoins you can make your own money even your a kid depends on your strategy how to grow it.


No bitcoin doesn't make banks disappear because it needs bank in order to link digital currency to fiat currency so that there is currency exchange circulating online and then online wallet is capable of banking transaction which bank can collect charges from it. Online banking is very important to bitcoin so that it can be cash out to fiat currency because you cannot have in hand a digital currency without fiat.
545  Economy / Gambling discussion / Re: How to Turn Gambling into a Profitable Activity on: December 28, 2016, 01:13:34 PM
The risk is really high if you are going to make gambling as a profitable activity and I was thinking about only one thing that you are able to make gambling as profitable thing without any investment involved.
You mean to say only if we are able to gamble without any investment then only we will get chances to be in profitable in gambling activities?

I agree with this point as I am a gambler, always looking for free giveaways and fauctes to make use of them for my gambling. Many times I may not have enough time to make them to grow till payout threshold. But, entertainment is completely guaranteed for free of cost.

That's one of the point because you are not even risking your own money and every time you are going to gamble those free money and giveaways that you'll get is going to be your major investment together with your time. But of course there are some gamblers that are totally making gambling as a real job since they afford to invest and to lose any amount.
Still you will not be able to make a decent amount of money even without risk, for me I consider it as waste of time especially doing faucet. For kids, maybe it's profitable to them but when you are expecting a bigger return, the only way to make it is to let your money make money as that is the nature of gambling, of course you all need to take the risk.
Fortunately the big profit also big risks, I think we should dare to take risks. If we are afraid of the risk, of course there will be no major changes in our life. All success peoples always take high risk, we must follow they.
Taking risk is necessary if you want to have a successful life, however doing it in gambling is not a good idea as when calculating the risk it's big and the advantage to win the game does not favor us. We can invest on the other hand but only up to the amount we can lose, gambling sites are profitable but always consider they can scam investors when they feel they are not doing good anymore.

If we take gambling as profitable activity you should make sure that investing in sports betting online must be done in a knowledgeable way and must gain knowledge in the game so that if you win you will have good profit of your lucky winnings. Taking risk of gambling is seeking for profitable activity always takes place when you gamble and bitcoin is the best way to bet in with online gambling its more fun and profit at the same time.
546  Economy / Economics / Re: You should never trust banks on: December 28, 2016, 12:34:53 AM
It is recommended to deposit or save in government's bank so you have a right to chase them if they scam but I doubt they can do that unless they want to destroy their reputation. I will just use bank if it is badly needed or it is basic or major requirement for a particular purposes like getting your money.

That's the advantage of letting your money to be saved in the bank. You are covered by the law when something happened unexpectedly to their bank, just like insurance and everything as long as that collapse will happen within the banks premises or the cause is the banks negligence. That's why I still trust them because of that.
When it comes to savings, nothing beats banks. They have all the facilities to make sure you money is safe, but when we talk of investment, banks should not be trusted with it, bitcoin is the most popular now, so we take part of this great investment.


Yeah you should not trust banks that doesn't recognize bitcoin transaction because it may scam you in the future, and make sure that bank has a a protection of your account. If the bank you are going to transact with does not meet that criteria don't do transaction with them, i myself trusted one bank in my country which i cash out my bitcoin wallet and it really done well in any transaction i had with them and still right now i am fully trusting them because of their safe banking transactions as well.
547  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: December 27, 2016, 11:56:12 AM
I dont think so bitcoins will destroy the fiat currency although 50% of people in whole world will use bitcoins fiat is still main currency even after 30years from now.

For me it would be used by most of the people who knew a lot of bitcoin and there would be an upcoming changes in the future that everyone will use bitcoin as a method of payment transactions but it wouldn't kill the fiat currency. Bitcoin needs the fiat currency in order to purchase local goods because i don't think so local goods can be link to PC transaction specially on those remote areas around the world and if that happens its more costly for the business holders to adopt this kind of cryptocurrency worldwide.
548  Economy / Gambling / Re: 1x฿it.com - Most Competitive Sports฿ook & Casino | ฿est Odds & Wagering Options on: December 27, 2016, 07:57:37 AM


And 1XBIT have one of the bests odds of the sportsbooks market. If you look carefully, they have a wide variety of bets in a single event.

Actually Im agree in terms of lots of betting options available in a single game. Odds is kinda fine on the other hand.

Good example is basketball, really put the betting options into every possible way. Just kinda confused why Moneyline option for some games is not present but it's fine for me and no issue with that.
I don't really agree with the great odds statement. Maybe for some games but i looked at some esport odds and they were much better on other sites than on 1xBit.com. I really hope they can improve that a bit.

yeah but you miss a point 1XBIT is a new sportsbook, and others sportsbooks have a long history that's why those have greats odds. In overall I feel that 1XBIT is doing a great job.

Umm I think I'm right. Isn't the point of new sportsbook to have better odds than others with long history ? That way they will attract more users. When you have a steady user base then you should make odds slightly less profitable and focus on your own profit.

Everything indeed appears more fun if we could get an advantage in the sportbook, but that all is not something pleasant to us if you use gambling with a bad way!!!! . Although the means and opportunity to wear it better than the other, gambling does not mean sportbook could easily for our use. Focus and prepare most of the strategy is indeed the most powerful way in profit on every existing gambling

Of course fun of sportsbook would always be great specially on opportunity of winning by strategy you have on your own way. You should be more competent on dealing with betting techniques you do and always have prescence of mind in everything you do. You must be a policy oriented player so that in times of claiming winnings you have no error for every transactions you are going to do.
549  Economy / Economics / Re: Big Crash coming on: December 27, 2016, 04:50:30 AM
Lookit the stocka market an' how high it is lately.  It don't take much brains or eyes to see dat a crash is overdoo.  Lookit the DOW, it's almost 20,000!  I thank these here low interest rates have done got niggas addicted to borrowin' cash.  Then wit tha cheap money, they buyin' stocks, bitcoin, shit coins, SUVs, plastic surgery, illegal drugs, camoflauge underwear, and evverythin' else you can think up.  Ain't no wonder bitcoin is almost a thousand smackers!


No, its all speculations no big crash is coming but bitcoin  will go down of its price because sometimes demand falls down. More users of bitcoins were creating speculation because they want that the demand will fall and they can buy bitcoin in a cheap price so that when tine comes they will gain big profit when btc price rises again. We must not believe in all speculations all we need to do is read reliable forums.
550  Bitcoin / Bitcoin Discussion / Re: Difference between Bitcoin and real money? on: December 27, 2016, 03:03:55 AM
I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?

If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?


Bitcoin is not real money?  Huh Roll Eyes
Bitcoin is complex money. The complex explanation about the value of algorithm. At least you can buy something use it. I can't say it's real or not because it does not have a physical body. Not completing about the criteria of a real money. But bitcoin still keep its value and the digital form makes it have a complex characteristic. Makes sense for call it the complex currency.


Bitcoin is a form of digital currency and real money is fiat currency which you can withdraw it in cash form using an ATM machine and you can touch it physicaly. You cannot touch a digital currency value but you can only see it through viewing it using internet network connection. Fiat currency is very important with bitcoin in my own explanation because you can convert your cryptocurrency to fiat and without fiat currency you cannot convert it to real money which is fiat cash. Bitcoin cannot used in purchasing goods at department store which is not adopting bitcoin as mode of payment so you really need to convert it to fiat in order to make it cash form.
551  Economy / Gambling discussion / Re: Is Chances of Winning in Gambling Higher? on: December 27, 2016, 01:52:06 AM
Not exactly sure what you mean here. Care to add more details ? Like whats your base bet, whats your subsequent bet after your first loss ? First of all none of the gambling websites will give you 0 house edge, because that would mean your or them have an equal chance of winning. And even if they did, from what I have seen, it doesn't mean you will have an edge by changing your betting pattern.

Yes, I was wondering the same thing.  The math is off on the face of it---even with the zero percent edge assumption.  It doesn't look like random walk is being considered, nor are mutually exclusive events being taken into account.  If we had a little more information as to the reasoning here, it would be much easier to provide some beneficial feedback.


Yes chances of winning in gambling is higher if you know how to play the game and you are knowledgeable with bankroll management. But without full knowledge of you cannot have higher chances of winning and most probably more loses is posible for you when you gamble, i dont think thats everyones opinion but i am certain with mine.
552  Other / Off-topic / Re: Bitcoin is a good investment now, because... on: December 27, 2016, 01:22:40 AM
If you are earning 10% per month you are either really lucky or an amazing trader.
Even the best will sometimes take a loss, and nothing is going to guarantee you profit.
You have to risk money to get a chance at a reward unless you are just buying Bitcoin to hold, which is safer but will not make as much as actively trading.
Just hold bitcoin is also a good investment. but I think it would be better if you grow them. such as the use of trading. because in addition you will also profit from the price increase bitcoin, you can also get a profit from your bitcoin is growing
Bitcoin is always good to invest right now we are seen the price is playing from 800-900 value and trying more peopel to push the price into 1k value before end of this year.. like other said that the price of bitcoin will touch in 1k value according to other before end of this year..
If you are old holders and bough even 20 btc you already made a large profit with bitcoin because the price right now is triple..  than before//
If you are bought your bitcoin on a earlier stage then that is good but if you just getting started and worrying about growing your bitcoin then you should try trading where you can grow your bitcoin fast even if it is just 0.05 then you can turn that into 1-2 bitcoins after 2-3 months of serious trading. It is now about worrying about how many bitcoins do you have because it is all about having dedication to earn more or gather more bitcoin so you can attract more profit for your investment.

Yeah bitcoin is good investment now because its price is getting higher due to its demand and you can join in trading of altcoins which high profit is always there. Investing it in trading will always involves risk just like in every business but if you are having self motivation to achieve your goals bicoin is your partner in success in good investments together with high profit trading sites of course certain decisions takes place at all time.
553  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: December 27, 2016, 12:54:51 AM
always mark up on your mind that bitcoin could not beat gold because since our native family time line gold is the most precious they can have because it has a large value.. if you compare bitcoin to gold.. gold has a appearance which you can see a beautiful shiny gold while bitcoin  is just a crypto currency and still not that popular and we still have a few users..


That would be wrong idea for bitcoin, although gold is popular but its not gaining more demand rather than bitcoin. My reason is there is more alternatives that can substitute its fashion demand like silver and bronze which declines the gold demand. Unlike bitcoin a cryptocurrency is now boosting its popularity specially to those who trades altcoins and are also in demand with a lots of sports betting sites. Bitcoin holdings is much better than gold nowadays because bitcoin price aims higher from time to time and brings good profit to sellers online.
554  Bitcoin / Bitcoin Discussion / Re: Giving up on Bitcoin... on: December 22, 2016, 11:51:24 PM
I didn't get about why you have gave up about bitcoin. Must be you need it it for your own targets and for somethings special. But to me bitcoin is the same money as other fiat. Bitcoin to me is the way to get some extra money to my salary without paying salary's taxes.


It not good to hear that you are giving up on bitcoin because everybody ia seeking for money for life sustaining income and now you're saying that? Oh i don't think its right but for me bitcoin is an opportunity which is very important that you can grab for your life needs. We should not ignore this opportunity and yet this is a good way of part time income rather than selling good along sidewalks just to earn fiat money.
555  Economy / Service Discussion / Re: bitminer.io real or scam? on: December 22, 2016, 09:54:12 PM
I have a pending amount of 0.040 btc from past 3 months..When i joined this site...

For me, as I've experienced with this site i certainly agreed to the subject that this is a scam. I had also a pending btc there around 0.005 trying to cash out with nothing happend no amount of bitcoin arrived in my online wallet and that made me conclude that most of those minings online were scams and not legit. I would suggest that don't invest in mining, maybe find another ways of good investments that could rather generate good profit.
556  Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC? on: December 22, 2016, 04:37:39 PM
Well the best way to invest your  bitcoin is in real life like withdraw what you have and buy things like miner. You could also make a gambling site that most likely to earn lots of bitcoin than losing. But since we are talking about investing then there be always a risk that may lead you to losing what you've  invested. So atleast be prepared on what will happen.


We can invest btc in trading of altcoins because its highly profitable and i don't think so that miners is profitable at all because as i have read some feedbacks in forums, a lot of cloud mining were take you to scam mining sites. For me as a person who value everything specially imvestments i would rather choose the investments which really get good profit that will gain 'til the end.
557  Bitcoin / Bitcoin Technical Support / Re: New Bitcoin virus on: December 22, 2016, 11:30:34 AM
Remove everything important from the pc and format everything and install the operating system again, do not put any password now, keep your wallets out of the network

For me as experience technician for software and hardware i also recommend to back-up your important PC document files and after that you can format everything in your storage disk and don't forget to wipe out all partitions and create new drive C and D because viruses and malwares still present in drives if you don't create new drives partition. After everything is done with formatting the PC hard disk drive you must install anti virus security that is genuine and be sure to have reliable and user friendly antivirus software and then you can get back to your normal activities as wel with internet network access.
558  Economy / Gambling discussion / Re: Gambling problem on: December 22, 2016, 09:50:47 AM
A gambling problem is happening more often everyday in the bitcoin scene because gambling is enjoying and you can earn a lot of money by it, due to that I think that there will occur more and more problems.

Gambling problem happens when you are always looking for money and looking at the gambling site as an opportunity to earn... Most gamblers disregards that but the truth is , it is what's happening, they are not there for anything else except money... Those who believe that they could earn in gambling are the ones who got into problems later on... They should wake up from that delusion before their problem gets deeper and deeper...  Smiley



As quoted even with gambling when one knows to identify his situation, the problem won't go that big similar to users who go without limitations or without any targeted plan of living with a day job earning and always depends on gambling for day to day living which makes life go worse.


When a person has a gambling he has no control of his investments and he/she doesn't even care losing because all they want is to play for fun. This gambling problem of these people links to addiction and they keep doing it gambling over and over again with no satisfaction and all they want is winnings and after winning they've got lose all their profit, thats why the problem is always there.
559  Economy / Economics / Re: Sell Everything? on: December 22, 2016, 04:50:45 AM
Selling everything is not an option and you can right now make good profits with selling but I think that holding it even longer is better.

You shouldn't sell everything but i can recommend holding it for a long period of because thats the best option to do because btc value has an appraisal for several years due to its demand. If you sell your bitcoins at exact time you can.earn profit from it thats the best thing to do but not all bitcoins, you may hold the other remainings.
560  Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to teenagers or children on: December 22, 2016, 03:31:06 AM
I guess explains bitcoin in children is very difficult. I have a nephew who is very naughty, I always show them how to look for bitcoin, but they did not want to learn it, perhaps because it is a complicated thing. I do not want to impose it, and make them become stressed. so, I decided to teach them when they were aged 10 years +

Kids are naughty, that's normal, and I think teaching them is really not advisable, they are always after the fun, that is why teachers won't teach them too much about letters and numbers, and if they do, they will do it with the kids doing the actions and plays. But for teenagers, well, guess what? they are more tech savvy than us. It's easier to tell them about bitcoin, I could say that they are the easiest one to teach.
Teens may be able to use facebook and other apps better than any adult, but they don't really understand how a computer works, or how to code or anything like that the 70s and 80s generations were more tech savvy.

Teenagers or children can learn bitcoin by explaining to them the importances of how it work to our lives specially on how to earn bitcoin. At first i would suggest the bitcoin games to them which they can enjoy playing and at the same time earns satoshi's which is the smallest unit of bitcoin. I will teach them how to understand forum topics and guide them in order to learn in such so they may join signature campaigns the best way for them to earn btc.
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