I think that banks can be trusted but that you just sometimes have to look out the most banks are okay and there are not doing anything wrong so..
have you ever noticed that the bank be a scam? I think only some of them and it occurs in privately owned banks. and not the government. so it is recommended to use the government's own bank. because it would clearly must be safe, and I believe the government Most governments don't run banks at best they back them up with policies like savings protection, and to rescue them if they screw up, a banking industry owned by the government usually is a bad sign since it means some kind of nationalization took place which means banks are in a bad economic shape. Yeah you should never trust banks with bad reputation and those who doesn't comply with government regulations. In my country the bank thats affiliated to my online wallet is registered to the governments account security on anti money laundering laws that gives protection to your money. We can trust a bank in a more strict screening and you should be more vigilant at all times when having transactions online and or offline banking. |
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Do u mean credit card fraud? I think, that wont be an issue in your bitcoin venture....
newIndia, I mean all kinds of fraud: rigged games, misprints abuses etc. Every bookie forced to prevent this. For ex. we have Indian Goa Professional Football League in SportsBook. Or Rwanda National Football League) But you are right. Fiat financial scammers do 99% of harm. And it's avoided here with BTC only. How do u avoid rigged games & misprints abuses in BTC? BTC can save u from Credit Card chargeback and that's all. I don't think its in any sports books powers to stop a rigged sports game. All they can do is avoid those leagues or games that could or have suspicion of it being rigged. Misprint abuses can be done and for that the user had to be alert and read the Rules as well as terms and conditions of the sportsbook before making an account. Yeah sports book are just booking games and bets. I think rigged games are plan by the organizer of the event. Or some agreement between the competing team. Like I thought mixed martial art is a genuine sports without any rigged fight but some insider reveal that MMA fights are also rigged. Of course sportsbook consists of booking which betting and games online. Competitions actually happens on teams of different sports that usually played by the people who participated. No rigid sports involved here only those that doesn't involve any fighting games, the sports like basketball, soccer, cricket and there's a lot of it as you visited this site and enjoy betting online on your favorite sports. Rules and regulations is required to be followed by most of the participants online in order to be legit winners if you won to avoid any errors in receiving your prize. |
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Hi I am new, just moving in the place to read a lot. Even still here in my place we are not used to new money forms in card or computer, even nobody still use bank card like me. So bitcoin is fully new and most will not accept the idea so fast. I have patience to understanding all and have much hope for new generation money.
Its good to hear that bitcoin is our next generation money and as an online user of wallet i am positive that it can and possibly to consider this as next generation money will be a cryptocurrency. Computer networking nowadays specially with internet transactions really need this bitcoin to speed up processing because fiat currency doesn't show up to be having a 100% efficiency in terms online banking transactions compared to bitcoin wallet cash-out to fiat currency is very fast and easy. |
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I don't think the government will be outsmarted by some businesses. When they start to notice that there is a decrease in their income tax they will know the source of the problem, they might even count as using Bitcoin as Tax Evasion. Anything that is a source of a company's income is taxable including Bitcoin of course.
Governments are outsmarted by business all the time, many of the biggest business in the world pay not tax at all thanks t complicated schemes used by their lawyers that is why some governments are fighting for something they call harmonization of taxes which basically means all the governments of the world will tax you at a particular rate of your income and as you may guess the countries where you pay no tax disagree with it. The government has all the resources to determine who are not a tax payers but they just don't act on it when corruption are involve. It normally happens in a poor countries where public officials are corrupt and they just accept bribe from corrupt businessman as well. It's different in bitcoin as it is decentralized and it can never be corrupted by government, it's either they adopt or they will hate bitcoin by banning it. Why would Bitcoin eliminate corruption? It is money. With money you can pay people. Paying people to do what you want is how corruption works. And pleas do not say because of the blockchain. Yes you can see who paid whom (funny how this is a valid argument when talking about how bitcoin can end corruption, but if we talk about not paying taxes or do some illegal stuff the blockchain saves us from being uncovered), but if you pretend this happened for a good reason, then it is fine. That is what corruption is all about. No i think that you are actually wrong that person refers to the government corruption involved in getting its citizens and not bitcoin involving on it. I think that you are funny as well because you interrupted without understanding it. well what i have understood was, that you have to pay your taxes and if you do not do it, then you have a problem with the government. so you pay someone some pocket money in order to not have to pay taxes. But with Bitcoin this shall be different, because you can not corrupt Bitcoin. This makes no sense to me and i still do not see how Bitcoin can prevent this. So instead of being funny maybe try to explain it. I don't think so bitcoin will kill the income tax because online wallet sites has its business registration monitored by our government and every transaction made through bitcoin has fees, and yet they collected taxes charged with online wallet specially on the bank that you will be cashing out your bitcoin converted to fiat currency and how can e say income tax is killed. Some countries banning it i don't know the exact reasons behind, but think illegal activities linked to it that's why they've banned bitcoin. |
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I still wondered after watching one dice gambling tips on youtube. she suggested to use a vpn American countries. Do you think the state and affect our current location to gamble? , please give your opinion
It doesn't matter whether you will use vpn or not with your gambling activity that will not have a significance with the outcome of your game. And if the person on that video talks about location and vpn surely that it just avoiding something like country's total ban in online gambling. So you don't have to rely with that tip. For me it doesn't matter from what location are you when gambling because playing like online casinos can be done with internet access in any locations and you can even use your mobile phones. As long as you are safe in the place where you play online gambling location doesn't matter anyway. Most importantly is your gambling skills and ability to win is the one that matters most not the location. |
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well i would suggest u to 80 percent cash and 20 percent bitcoins .because u never know that when the country of ours will totally ban bitcoins until and unless u have too many bitcoins u cant rely totally on them.kudoos  If a country decides to ban Bitcoin, this will not stop people from using it, because the only thing that people need to use Bitcoin is internet. In fact, the ban in that country would help millions of people get to know Bitcoin. If you have all the coins in an exchange, you could have problems, of course. That's why it is important to use wallets to which only you have the private keys. Of course, it will not prevent people from using Bitcoin, but they will have to risk greatly as soon as they try to convert their bitcoins to fiat. Therefore many people would try to make away with their bitcoins and forget about them simply because they will no longer be of any use to them. Most people are using Bitcoin today specifically to earn more fiat through it, not because they are interested in buying stuff with their coins. As long as bitcoin has some value you will be able to find someone willing to trade, if it became illegal in your country maybe you will need to sell at a discounted price, but if they ask for a very low price, you could always change your money here in the forum for something else. Yeah i prefer bitcoin instead of cash because it has anonymous transactions via internet aside from cash currency you cannot easily transact it through online and you need online banking to be able to use it for transactions. Bitcoin has a direct ability to be directly stored by online wallet and can be cash out directly to selected affiliated banks worldwide and you can transact immediately without any traffic. |
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I never used it to buy any illegal content with this. Bitcoin is true invention now world know the importance of this. It's all depend on a person's mind what he want from that with useful ways or not.
I don't wanna hope this kind of thing which could lead you to illegal buying of drugs, if this will be implemented in the future maybe this can give bad reputation of bitcoin and of the users. We all knew drug trading like selling and buying is prohibited by law so we must not hope this will link to bitcoin transaction because it really results to crime as well and we would not want that to happen. |
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Hahaha I thought the same thing its more like charitable donations to those who already have a shit load of cash. The cows that just keep giving huh? It's like that to you because you are not enjoying gambling, but for us people who manage to enjoyed ourselves despite losing an amount in gambling, we do not consider it as we are wasting money, the fun or the entertainment that you get is worth for the money you spend, and you can only feel that if you are purely gambling for fun and not for money. I second the motion in that. Gambling is a way of enjoying one's earned money and hoping that it returns with a profit, either way, win or lose, it's going to be okay IF you manage your bankroll, if not, you're just going to be angry and stressed if you didn't win. As most says here, i also confirmed that high risk investments is in gambling because chances of losing is there always and having fun of it and at the same time you are eager to win but failure of expectations happen if you lose. Most of the money you invested in betting will be gambled again and again if you lose thats why no good profit will be returned to you and your investment at risk always. |
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Price of the bitcoin still matter as some would exchange their coins to fiat honestly as they can't pay some physical goods using bitcoin. Some would use it for their basic necessities and they are lucky if their country will accept bitcoin as payment for their bills.
This is usually the reason why we have to know the price of bitcoin in dollar, we are paying things that are not payable with bitcoin, when everything around us is payable with bitcoin already, looking at the price won't matter much, just like how we are looking our local currencies, except if we are buying things that are abroad. Right now we do not have a choice but to rely on the value of bitcoin we have but not the volume, that would prove that still we are dependent in fiat, we cannot just convert it to dollar as not only a country who has a dollar uses bitcoin, some other countries also uses bitcoin and we are just using dollar as our base conversion since they are a strong country and dollar is valuable. Yes it really matters most because if the price rises high conversion of btc to fiat also becomes bigger and traders of altcoins do have great opportunity for them to sell their stocks. When bitcoin price falls down and have price fluctuations it does matter to all who use bitcoin specially in trading it may create uncertain decision to traders and lead to loss of investments. |
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I'm wondering what would happen if Bitcoin would get banned and suddenly Bitcoin 2.0 gets released, lol.
Banning Bitcoin means a lot of people being forced to quit BTC, so a price hike to at least half of the value it has right now. Some people are running their business on Bitcoin, even Microsoft and Steam accepts it, so that would affect the price too. The effects would be negative, of course.
if a lot of people quit bitcoin then the demand for bitcoin will fall and proce down not hike (up). cause The price of a bitcoin is determined by supply and demand. When demand for bitcoins increases, the price increases, and when demand falls, the price falls. If bitcoin is banned the demand will fall and its price will become higher in value and more people will become panic in selling their bitcoin. Emotional stress could happen to everyone who uses bitcoin specially those who invested a lot of it like in altcoin tradings which supposedly gaining good profit and yet there's banning if bitcoin happening will affect all of us who are dependents of it. |
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because you can win a lot of money here and most of people want money
Yeah money can be your winnings and there's a lot of it the main reason that you can be addicted to it is the fun you experienced and your desire to win for chances of bigger amount. Some people could not manage their emotions while they gamble, if they'll lose their bets they are more eager to bet more amount in order to cope up with their loses but still it isn't worth it because they more become tied to it and results to addiction. |
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i guess theres no reason for bitcoin to disappear we all know that bitcoin are keeps growing this past few months now it gonna hit the $800 if that will be the stable price of the bitcoin it will be good. hoping that this coming christmas could hit and be stable on $800 and say to those who dont believe in bitcoin that bitcoin will never die you will die but bitcoin will never be. haha
As of 02:25 PM forum's time the price of bitcoin is now $784.6 only few more bucks needed to make it stable at $800. And those people who are saying that bitcoin is dead are probably jealous on what is happening with bitcoin. I can just shoutout to them that bitcoin is dead, yeah it is deadly increasing the price of bitcoin rapidly. Yes these people are trying to encourage us not to pursue investing in bitcoins.. and probably they don't have a good experience investing their bitcoins and right now the price is getting better so I think the price would probably won't crash in the future. It might be two reasons why they are doing that, first is what you have said and next is that they are hating the competition with bitcoin. But whatever will be their purpose they don't have choice but to accept the fact that bitcoin is now being recognized by many investors and people who are optimistic with the idea of crypto currency. These people were those who create rumors of bitcoin actually most of them were traders who do tactics that make an opinion to people injecting to their minds and results to panic selling of btc to cheap price value and that would be nice opportunity for them to buy btc in low price. Eventually bitcoin price will go down and those traders will sell again to trading sites as well as price will goes up again and they generate good profit in a long run. |
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There's no way to find to indicate the actual number of people using the Bitcoin. Rapidly changed using the internet and anyone can easily access.
Yeah its not important to indicate actual numbers because there's survey for that users. For me its infinite because numbers of user are getting higher all the time. Popularity of bitcoin open a lot oppurtunity to people worldwide thats why numbers if user are gettting bigger. |
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Gambling depends on luck only & most of the time people lose on gambling because nothing is in your control.On the other hand,Trading depends on your skills mostly and you can use your skill to be succeed on trading.So, chances of gain profit is high on trading so trading is better than gambling for these reason.
i think not only gambling but trading is also depending on luck of in trading your experience and your skill can also help you in your success, while in gambling most of the games are depending on your luck and there is no use of skill and experience. Both of them were at risk most of all it involves money but yes trading is much better than you gamble because it brings good profit as you as you learn well from it and losses of investments will less chances. In gambling risk of lossing investments is more and the number of losses is great than winnings but comparing with trading there is fun at all in gambling. |
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bitcoin is popular but its possible that any other cryptocurrency replaces bitcoin it can be by yhe price or by other factors. no matter what it is but we know bitcoin is going ro gather a lot more popularity when all the 21bitcoins will be mined
From these several years passing bitcoin is gaining its good reputation in terms of legal transactions via internet and i don't think there's another cryptocurrency that replace with it because bitcoin price is still the leading of all cryptocurrency right now, there were some kinds of cryptocurrencies gaining reputations but they were just only an alternative source of bitcoins and not itself. For me with strong belief of bitcoin, i'd rather say no one can replace bitcoin at all but we should believe that there would be a possibility of new form of coin will be made but doesn't replace bitcoin in the near future of internet world that somewhat similar to bitcoin because freedom is always there specially more programmers were developing their skills and there is no limitatiins in competition right now on the world internet we are bound to have free will all the time. |
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Should you, or should you not? Apprently, it all boils down to your preferences and your capability to comprehend and hold on to this roller coaster ride. Most of the time, it flops, but there are times when it pays itself off big time. So far in my experience with bitcoin, the risks are lesser than the reward there is; you just need to choose carefully on how would you utilize bitcoin as your investment.
Yes i shoud and we should believe because it can amazingly do possible things that mostly fast transactions online specially of online wallet payments like loading mobile numbers, bills payment and more. Trading altcoins is one of the profitable of bitcoin is one thing proof that we should believe with it and its use also for fun in gambling and online selling. |
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Different between Game and Gambling?
It has clear mean that Gambling is a kind of game, we always use a word of game for gambling, No one can say that gambling is a hobby, investment and job and etc. Only one word we are using and that is Game, because gambling is a game like other many games, That's why people get lose with it but still they like it and play it, because gambling has a lot of attraction in it.
Yes Gambling is a kind of game. Or it could be called that is a gamble game. The only difference between these two terms is that the gamble we need money to play. We put our money before playing and if we win we will gain more money. Gamble will be a normal game if no money. I could not find a difference other than for money, I think money is the only thing that differentiates the gamble and games. In a game there is no money betting involved like in an olympic games of basketball the sponsors were just the on who gave the prizes to the winners unlike with gambling there is an amount of money involved a betting amount whether online or actual gambling done in casinos or other stablishments illegal or legal, you can win prizes which is results of the invested money. |
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It's probably something that would not happen in a few years, but I believe there will come a point where the number of users, who will realize the benefits of using Bitcoin, will increase at a rate never seen before.
I think though users bitcoin is growing and very much it would not make bitcoin replace fiat, it's a sure thing! but for a price of course there will not be people who know about it, maybe the price will explode It will not replace fiat currency because bitcoin is compatible as well and it can be converted with each other specially of online wallet transaction without fiat you cannot hold cash in hand when you cash out your crypto currency to fiat currency. Thats why bitcoin cannot replace fiat as well and most common reason fiat is very important to bitcoin they are somewhat partners of online transactions. |
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Digital currency but not bitcoin for sure, the government will only make a currency who are under their control and since bitcoin is decentralized, it's not possible to use bitcoin and promote to its people.
Yes i thats not possible at all government will not allow bitcoin as a standard currency of the people because tax wasn't their control if they allow digital currency like bitcoin. Fiat still the currency that government mostly allows but my country allows this because online wallet site was still collecting charges from it. |
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I don't understand how cashless society could kill the Bitcoin. This has no sense because Bitcoin represents cashless society, it's digital currency that has no paper banknotes, it exists only virtualy. So Bitcoin can only profit from the cashless world but to my opinion we will have to wait for a while before cash disappears entirely.
I just want to clarify that cashless society could not kill bitcoin because bitcoin has its own way cashless options and is already doing online transaction which has advantages over fiat currency. If world of fiat will crash and thats the time we can tell bitcoin is killed already but for now bitcoin and fiat economy health is both 100% better for me. |
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