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6601  Economy / Gambling discussion / Re: do you can control your self when playing gambling? on: March 28, 2017, 10:30:45 AM
The best thing to do is not to gamble at all. Casino owners are not running free money they are doing a business and making loads of profits from it. Thus you have to control you addiction or you will be the loser yourself since the House always wins.
Not really. If you're the type of person who can at least think clearly about the consequences of your actions while you're gambling then i think there's a big chance you would be able to control yourself. What you said about avoiding gambling applies to those who tend to forget everything when they're engaged in something that they enjoy. Gambling should be the last thing on their list as the consequences may very well be disastrous
Yes, simply we can say if you have enough maturity you will control yourself. Those maturity will come into action or could be a practice over experiences and not at all possible for younger gamblers. Veteran gamblers are making money with this reason whereas new gamblers are finding themselves struggling and finally quitting gambling.
6602  Economy / Gambling discussion / Re: How much can u lose with gambling? on: March 28, 2017, 07:41:54 AM
Well that would depend on the person gambling as they could lose some of their money or if it is a greedy gambler they could end up losing everything. I have seen this many times before when people get greedy and think they are on a roll and then gamble everything on that bet and lose it all. That is why people should set a limit and try and sick with it, it's self control and if people don't have this then don't gamble.

Yes if we cannot control ourself, if we cannot control emotion and we are not set a limit we could lose everything we have in our life just because of gambling. Gamble without self control will make your brain work short, think short and too many take a big big risk. The worst thing will happen is when you don't have anything, not only for gambling, but even for food.
Yes, losing everything including no money for food for next time will be possible through gambling losses. Unless you're careful how much we are spending with gambling, committing suicide would be a result for many gamblers, unfortunately it is already happening.

We usually look for how much we could earn from gambling but we never bother about how much we could lose in gambling. Yes we may lose our life in gambling, losses to happen in gambling is practically unlimited.
6603  Economy / Gambling discussion / Re: I never made any profits in dice game.. whats is your opinion on: March 28, 2017, 04:59:00 AM
I would suggest that never play dice game because it consume your time, money, and effort rather invest it to the who is trusted of the crowd. Never play that game and made any profits there. My opinion is that try to invest it.
Dice gambling is not for profit making, if you have not realized it yet then you might have been into gambling with improper intentions. You can kill your boredom with dicing at the same time you can go for it for free of cost, only efforts to manage it as per your expectation is your talent. Go for dice gambling as per for what purpose it is existing. When we are wrong with our purposes then results also will be wrong only.
6604  Economy / Gambling discussion / Re: Do you feel shameful for being a gambler? on: March 28, 2017, 04:17:18 AM
In my culture and in my own country gambling is bad. It is shameful. They said that gambling is the work of lazy. They warned the gamblers. But gambling is not at all nrong or bad. It is up to the player if what makes him money interested to many and lose their appetiate to other things.
There would be no meaning if you look for your entertainment or source of income by breaching your social value. You will lose your status even you come out as a winner in gambling. I personally will not prefer this.

Some people might take it as a serious thing in some occasion while some will see it as a joke. Im sure that alot of people will see it as a negative thing so perhaps being silent about it is actually much better
But dealing about how others will think about our gambling activity through being silent must need lot of passion and experience. Because we do usually get breakdown when somebody is teasing and making ourselves shameful. When a lot of people emphasise one thing, why not we just quit gambling for the sake of our family ?
6605  Bitcoin / Bitcoin Discussion / Re: Can we have a bitcoin day? on: March 27, 2017, 03:01:11 PM
Well, if this was to happen then the first big question is When? When would you like to have a bitcoin day, any suggestions? Other than 31st October, obviously.
No, the actual question to have a bitcoin day is to ask yourself why?

Why have a bitcoin what is the reason behind it and what will happen on that day, the only reason that I can think of is bitcoin gets accepted in every shop on that day, so you save up all year and decide what to buy and buy it with bitcoin on that particular day, other than that there is no reason.
6606  Economy / Economics / Re: How is the capital found? on: March 27, 2017, 01:48:58 PM
How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?
The best way is to save, that way you will not be in a big risk even if you will not succeed in whatever business you want to try. Desperate people
take it from loans which I strongly disagree, that is a gamblers move and they will take bigger risk just to bet on their skills to run the business
successfully. However, it's their decision and I have nothing to do but respect it but in my point of view it's not advisable.
But getting required funds through saving might take more time.
I believe going for well planned loans would be the right way of achieving funds required for starting up as well as running a business. Many people never bother about initial running costs. They plan up only for initial set up cost. Practically both are very important.

6607  Economy / Economics / Re: Bitcoin price is recovering! on: March 27, 2017, 12:38:52 PM
Today I noticed that the price began to recover. It made me very happy. But for the time being this recovery is unstable. And every negative news badly affects bitcoin.
The price of the bitcoin may be recovering a bit but it is not going to go up like back to $1200 or anything, at least not at the moment, it has been stated that the price might go down in the next few weeks, but don’t worry don’t panic sell just wait the price will eventually go up again and there will be hard forks we just have to be patient.

In long-term perspective, they are going to have $2000 levels by end of this year. But I'm not sure how many fluctuations we are going to face in between time.
6608  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: March 27, 2017, 10:04:34 AM
I don't believe that a global currency must be issued by an authority. I believe that a global currency just has to be a currency that is accepted globally. I do believe that it will be a cryptocurrency. I personally think that Bitcoin has the best chance of being accepted globally simply because it doesn't have a central authority. For this reason alone more people will be willing to accept it. And it certainly doesn't hurt that it has network effect going for it.

Well i dream with the day countries will accept and recognize bitcoin as a digital currency, and that might happen on the next 10-20 years, since some politicians are aware of bitcoin already. Almost all of the transactions are being made with bitcoin, and the power and volume is already big enought to get those status.
and hope that your dream will turn in to reality very soon, when all the people of the world will be using bitcoin and all the countries of the world will accept bitcoin as legal currency and even the governments will also accept bitcoin in government's departments.
I really don’t see the countries of the world accepting it as a global currency, the bitcoin market is not that big, I mean the price of the transactions made by the bitcoin in the stock markets are not comparable to the us dollar or the euro which are accepted worldwide, so we need more investment for that to happen.

It may be too early to consider bitcoin as global payment system. When at least 50% of world population will be using bitcoin we can declare such status to bitcoin.
6609  Economy / Trading Discussion / Re: When do you plan to sell? on: March 27, 2017, 08:52:17 AM
Bitcoin can achieve that price in future but not sure how long it will take to reach there and if your plan is to sell your coins at that price then it will surely test your level of patience as not all have that high patience to hold their coins for such a long time and most of the users will sell their coins even if they are making small profits from it.
People always say things that they don’t actually do, last year people said that I wait for the price to reach $1000 and sell, and when it reached that price they say I will wait until it reaches $1200 and when it does they still wait until they are stuck in a circle of greedy, try to stick to your principals.

but to me i am not going to sell my bitcoin in present price. will sell it after the price raise to 1500 USD level. as i do not need to cash out it, i can manage my expenses from my salary, therefore i do not feel the need to cash it out.
I do see people keep on setting higher prices along with bitcoin's appreciation. This is nice to advance your target prices. This way, hopefully people will set millions as their target in some day in future.
6610  Economy / Trading Discussion / Re: Day trading on: March 27, 2017, 07:56:56 AM
Long term trading is actually more profitable than daily trading since market movement in the market of bitcoin/altcoin changes with long time. If thou must trade with daily trading, you would get small profit rather than daily trading.
but i think there are so many people who have good experience in short term investment and they are making good money in short term investment, as i have a friend who have good experience in short term investment and therefore he always prefer to sort term investment. as he cannot wait for a long time to get profit.
Yeah but the thing is with the short-term investment is that you have to be one of those people who are obsessed with looking at the price every now and then to ensure that you don’t miss the right time to sell, because the change can occur at any moment of the day and you can easily miss it if you don’t pay attention and if you can’t make some profit.

There were some traders who always suggesting to go for day trading, but I could not find them now a days. Probably they would have changed their business due to heavy losses.
6611  Economy / Trading Discussion / Re: did you place all your funds into bitcoin? on: March 27, 2017, 07:16:52 AM
I do not place all my fund into Bitcoin.  I have a habit of diverting my funds to different investment/market since I believe not to put all my eggs in one basket.  It is quite need an extra effort but we can be assure that if something wrong with Bitcoin, it won't eat all our funds.
I agree, you should not focus on one market because one market could fail and then you will lose all your funds, try to diversify and invest into more markets to ensure profit from everywhere, and the best one for us here is the altcoin market, investing in alt coins could turn out to be a good profit when the price of the bitcoin goes down.
6612  Economy / Trading Discussion / Re: How is trading *not* gambling? on: March 27, 2017, 04:12:29 AM
Trading is entirely different from gambling, in trading technical  and fundamental analysis  is considered most and in trading that requires candlesticks the knowledge in candlesticks pattern will in a long run helps to determine when to buy and when to sell. unlike gambling which is 50:50.
yes i am also agree with you, trading is different from gambling, in trading we need some good experience and knowledge with good skill of trading. while in gambling in most of gambling games we do not need for any experience.
You'll be able to learn that along the way, trading gives you an advantage if you are doing it longer while gambling does not, at least that is based
on my experience. Been gambling for many years and I have not seen a good improvement of my fiances, in fact I face the opposite and I have
no choice but to accept it, however in trading it's completely a different story as if you are good in analyzing trends and speculation, you'll fit in here.
Trading require a skill and depends on how well you know what are you trading, trading requires you to be patient focused and well aware of the market, unlike gambling which only depends on luck and luck only, trading may have some luck into it but I would say that luck does not play a big part in it.

Sometimes trading will require luck factor too. But our strategy will minimize the requirement of luck factor. When we are having weak strategy then only through luck we could save ourselves in trading.
6613  Economy / Trading Discussion / Re: Can you think , better time for trading ? on: March 26, 2017, 07:47:32 PM
If when you made this post has bought some altcoin, surely now altcoin that you buy has grown. Because some days ago bitcoin price down and altcoin price increased by more than 3%. And certainly you get a sizable profit. Basically when bitcoin price rise altcoin price will go down, and vice versa. The most important to choose altcoin which has a good performance.

The better time for trading for me is, when a altcoin have had changes in prices of up to 30% within a few days. then I'll buy or sell it.
But how you will identify the potential of an altcoin and how much it will be assure that one altcoin will grow 30% in few days itself. I guess most probably you are working with inside information. Otherwise depending upon these types of startegy will not get anyone profits.

Honestly in my experience, trading altcoins must be a kind of gambling. You cannot be sure when one coin will get dumped. Like gambling, we cannot be sure about profit making with altcoins, but if we get chances we can make huge profits too.
6614  Economy / Gambling discussion / Re: Do you consider trading as gambling? on: March 26, 2017, 03:19:09 PM
Some traders are no doubt gamblers, becaise they seek to think for the market instead of alinning with market dictates.  A case in hand can be the present debacle between miners and exchanges, it is enough signal for a trader to be wary of buying at this point in time, but with gamblibg,  you never can tell.

I believe it too that gamblers are traders and traders are gamblers too. So in sum up I consider that trading is gambling but you are gambling in a different way. To the perception of people trading isn't gambling because it's not that obvious that you are gambling your money for it and you are just using the term trading.
By considering few similar aspects of both trading and gambling, I am also agreeing with the you on the fact of traders and gamblers are coming down into one single group of activists. But it is not the enough proof to consider trading as gambling. Showing some similar characteristics between these two will not get us profits by doing one thing in another way.

Only for theoretical, we can make some conclusions about gambling and trading, but while doing them in real life we must go as per prescribed way and should not take the risk with any other methods.
6615  Economy / Gambling discussion / Re: Poker Sites for US Players on: March 26, 2017, 04:13:47 AM
There was pokerstars.eu back in the day, I played with them a bit and I was happy about it.

I do not know what happened to them, have not seen it for a while now. Maybe they are not as big as they used to be. Nitrogen is also great, they have been around forever, they are trusted as well. Both of them are open to US players as far as I know.
6616  Economy / Economics / Re: What will happen if we use a one currency only? on: March 25, 2017, 03:32:17 PM
It's not good. If we have only one currency on the world the greedy people will want to control it even more, there is a profecy which says when the new mundial order control the world there will be only one currency controlled by them. I believe Bitcoin is at this point the antagonic currency to the new mundial order wishes. And it's good how it is now, many currencies, many possibilities to the individual chooses.
Currently all the currencies are controlled by some hand, but if we all have one currency then everything would be fine, I mean look at people back when they used gold to buy and sell stuff things were fine you could go anywhere in the world and buy things with the same currency, but look at it now the world is constantly in war.
6617  Economy / Economics / Re: What is your best investment strategy? on: March 25, 2017, 01:38:31 PM
i put money in website which is legit site and make my bitcoin great . but i see in every website when it comes to bitcoin is Scam like in bitcoinbuilder i invest 2$ then turn to 5$ and other week i try to deposit then nothing happen that is why i don't have to try investment in fake site and not legit .

Actually, there are lots of scam site, investing site tobe exact who try to scam people's coin.  If the site laid  too much money in return after few days it is so impossible that it is legit. We need to be wise in terms of investing our coins.
Yeah, I agree some people will go and say that there are trustworthy sties out there that are worth investing money into, but the problem here is why bother and risk your money, I personally think that the best investment in bitcoin is saving it and waiting until the price goes up and then selling it and rebuying it when the price goes down you can never go wrong with it.
6618  Economy / Economics / Re: How can we make more money? on: March 24, 2017, 11:06:40 AM
What are the things to do to succeed in trade? What are you doing to make your business bigger?
How can we make more money?

Learn from successful people, that is my friend himself he tells me: if you want to successful at a job, then focus is in that work if we want to succeed in the world trading yes focus on there, because the longer we are there, the science of trading more and more experienced, hence proverbial always said nothing is more valuable from experience. So if you want to make more money and want to succeed in trade and make your business bigger, then needed are focus and continuous
Your friend sounds as a master and an experienced person. When we want to learn by our own experience then this life time will not be enough. So learning from other must be an easiest way of becoming mr.perfect.

But continuous learning is not simple process we need heartfelt dedication for that to make it as a practice. But continuous learning is more inevitable activity, every trader must do it for getting perfection similar to professional traders. Otherwise we may make profits one day and may not in other days.
6619  Economy / Economics / Re: crypto is the future, make money of it on: March 24, 2017, 03:03:25 AM
What do you think about the fact that cryptocurrencies will literally be the future ? In a few years, it will exploded and, be rich if we hold many ?
Certainly,it will be the future.Bitcoin holders would be millionaires in the future.Crypto currency trading would be an ever growing business.I have left my job and have become a full time trader in cryptocoins.
Yeah actually if not millionaires at least the current holders and believers would benefit something in future. Basically  leaving job for crypto sounds awkward but I know a few guys who have actually done like you and are earning big now.

There are a lot of coins in the market now days and it's best to learn which coin is good and which is not and then just go berserk at trading.
6620  Economy / Gambling discussion / Re: do you can control your self when playing gambling? on: March 22, 2017, 11:06:15 AM
If we treat it as the most important thing to do, then gambling is wrong. Gambling is not the activities that must be carried out as a priority. Gamble occasionally only when there is spare time.
Going for gambling only in your free time is only possible when you are able to control yourself against gambling. When people going for gambling only for entertainment purpose, they will be having control over it. Once they find gambling as their source of income, they start giving priority to it and in slow progress they will lose their control. Because, over time gambling starts controlling gamblers through addiction.

As long as we are not playing more frequently we can avoid gambling addictions and hence we can avoid gambling controlling ourselves. But I'm not seeing gamblers keep on playing only in free time in long haul.

When one gambler is not getting disturbed emotionally, he will keep his control over gambling and hence you will not get addicted.
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