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6681  Economy / Economics / Re: Spending Bitcoins on: March 05, 2017, 04:04:36 PM
Holding is looking like a safer option for good futures but for that scenario to happen faster bitcoin also needs to be used as a daily currency for people to take notice and want to buy some.
Greater demand placed on a currency in some countries would just have them printing more but that is not possible with bitcoin so the value of the coins already in circulation gains in value and we all get richer in code.
In the bitcoin community there are two types of people, the ones who saves the bitcoin for a long time and don’t spend it because they believe that they could become rich in 10 years, others who uses bitcoin as a type of quick investment and spend it as soon as the price goes up so there is no worries about spending bitcoin.

we must have the discipline to save it, it's not fiat that depreciated its value overtime, it makes the opposite thing as overtime it become more valuable.
But in order to be discipline while saving bitcoins, we must have more number of income streams, without them we cannot be sure to be discipline to save them for long times. When we need bitcoins for our living needs then spending bitcoins will become a routine life.
6682  Economy / Economics / Re: Bitcoin has defeated gold on: March 05, 2017, 03:21:04 PM
Yes bitcoin already defeats gold in terms of price but i think it doesn't stable because there still a risk that bitcoin price will go down if something happens like bad news or panic selling. But even though bitcoin is not stable on its price it is kind of a good side for me because i'm a bitcoin trader and i love the volatility of bitcoin price since i was started.
You are right and having a fixed or stable price is what differentiate bitcoins from other assets.
If bitcoins would have a fixed value then it would just be too boring for any trader like for example you and its the change of price or volatility that makes bitcoins worth holding and trading.

There have been certain rumors that the price of bitcoins might drop too quickly and these are just hype to make people dump their coins.
6683  Economy / Gambling discussion / Re: Are dice sites reliable? on: March 05, 2017, 12:52:56 PM
From my experiences gambling sites are reliable but You never know what can happen so cautious! It is based on luck though if that's what you asking Smiley
Yeah and reliable in terms of winning is not any site would guarantee. Since we cannot change the winning and loosing aspect of gambling, what the best we can do is at least bet on trusted sites so that in case we get lucky and win we don't have to rely on the owner.

There are numerous trusted gambling sites and you should always check their threads in bitcointalk, if the owner is neutral its fine to play and if the owner has green trust then worth playing without a risk !
6684  Bitcoin / Bitcoin Discussion / Re: The Reason Bitcoin will always be #1 on: March 05, 2017, 11:10:54 AM
Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

Bitcoin always be a number 1 because of it volatility, it's really helpful actually to all traders in bitcoin industry. Moreover, because of decentralization whenever nothing can imitate by its unique features by bitcoin.

anonymity is the feature of bitcoin. It is not a reason for btc is been top. Bitcoin value is big reason why people been run behind it. I have read many companies were already adopted blockchain technology and they are doing research about it more. Even citi bank planned to create their first digital currency called citicoin. Don't how is gonna impact on bitcoin, but still bitcoin initial view for them in digital currency world.
True, a big number of the bitcoin users have only started using only for one reason and that is because of its high price, and the more the price goes up the more popular it gets and I don’t think that at any time the bitcoin is going to be replaced even if the price goes down, because there will be people always believing in it.

I don't really agree with you on this one. The name is just a name and someone might create a new coin with a better name, we never know?
Do you really think, only just with name bitcoins stay as a number one cryptocurrnecy. It has all the potential as well as smart features. Hence we can be sure any new coin cannot compete bitcoins to break the number one positions.
6685  Bitcoin / Bitcoin Discussion / Re: how strong is bitcoin really? on: March 05, 2017, 09:02:16 AM
We know that bitcoin is strong and all the wallets have milletry grade security but one of my stupid friend today said that maybe someone can hack it with just a calculater because with math and correct formulas we can even predict gambling bets if that is possible then maybe there is any chance of this

Isn't obvious that the value of bitcoin is getting higher right now. And nay of the investor are getting impresses into bitcoin, and aside from that many company are also merging the system of bitcoin.

Yes, Bitcoin is growing rapidly and is becoming popular. Unfortunately, it is also becoming popular among fraudsters. Therefore, we must be very careful when using cryptocurrency

Scam artists are everywhere, and thus not specifically pointed at crypto in general. Just look at how many people get scammed when using PayPal when the other party performs a charge back after the deal is done. It's a general problem and not just one that specifically binds to one part of the market. Everywhere you go you must be careful, because where the money is, there are the scammers.
I agree, bitcoin has been a very interesting thing, despite it being decentralized and controlled by the community, whenever it goes down it soon picks itself up to surprise us all over and over again, and that shows how unlike other stuff that governments control as soon as they fall they die, and that is how strong the bitcoin is.

I am not seeing any disturbing factors in near future against bitcoin's strength. Moreover, there are lot of possibilities for bitcoin to grow further stronger than what system we are currently having. I am very much sure bitcoin will stay stronger for ever.
6686  Economy / Trading Discussion / Re: When do you plan to sell? on: March 04, 2017, 03:42:15 PM
just throw a little to get a profit when the price of bitcoin go to $10k 2017 - 2018

i'll be waiting to see this price in 2017-2018 if its really happen and i am sure it will. i already selling my bitcoin for $12xx and i made a profit from there and i still have another bitcoin in my wallet, i think i will wait for a moment in case i see there are up trends in this week and next week and i hope i am right to hold it for now until the price is increase more.
The price is good at that time and it is now the max of all the time from the day it started but I think it is not the right time and I am willing to see its price upto $2000 in 2017 And I am pretty much hopeful for that I think in march its price rise more so, now I am just waiting and watching the price to increase.

My plan is when bitcoin reach 3000$ I  will sell some of my bitcoins not all, but for now I need to keep more savings of bitcoin in my storage wallet. Because it swings most often going up.
But as per my analysis, once bitcoin reaches $2000 price levels, in no time it may reach $5000 levels like what it did in 2013 from $500 to $1200 levels. That is the reason we need to consider the major resistance levels to fix our targets.
6687  Economy / Gambling discussion / Re: Operating a BTC gambling site - Worth it? on: March 04, 2017, 12:04:58 PM
Yes you have to take the start as the players nowadays for BTC based casino are much more but for the success you will need an expert planning for promotions and bonuses for the people because in the start you will not think for your profit but will give benefits to the players so that they will attract to your casino.
And even if bonuses are given they should be given in such a way that the gamblers don't just exploit it and forget the site forever.

I think more important than games and promotions is the security section which means that we at least know our funds are secure no matter what happen in the world and the admin is active often so we can discuss like for talking with stunna you need 2 years I guess, not complaining but he is too busy and hence it takes so long.
6688  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: March 04, 2017, 06:49:50 AM
gambling is neutral gaming it is depends on your luck to win in the game and a matter of destiny to win in the game.
Yes, the smart way to gamble and to make a good amount of money from it is to quit while you are ahead, you should gamble and if you lose you quit, and never go double or nothing because many casinos have countered that strategy and many people are dumping their money like that.

If you are ready to spend all your lifetime for searching of finding a smart way to gamble, it is fine to go for looking for it. Otherwise be smart right now and quit gambling before it will become too late for the action of quitting gambling.
6689  Economy / Gambling discussion / Re: Does the location affect when we gamble? on: March 04, 2017, 06:14:22 AM
Well I think location doesn't matter for me as long as I am safe and the people that I got along with is very kind to me, I am very glad to that. You can bet a gambling amount in any location because its not the location that you are seeking, but its the fun and also lucky profit that you always expect in playing gambling games online through bitcoin bets.
You are right though I had to read your post like 4 times to understand what you are trying to say.
We all gamble for fun and even if we gamble for money then location does not matter much than just being protected and secure and away from the eye of legal staff in your country.

For me, I always use proxy while gambling since it makes me assured of one thing at least, I won't get caught since gambling is illegal here in my jurisdiction.
6690  Bitcoin / Bitcoin Discussion / Re: Bitcoin adoption in Africa: Bitcoin solving problems in the country on: March 03, 2017, 11:44:41 PM
Yes true bitcoin demand was really high even tbc there.Africans are just taking oportunity to earn and make some money because on how they live there, we all know that there is a crisis before so people are adopting everything to earn and bitcoin is one of it.If it dominates and helps to increase economy status it will be a good effect on whole country and whole bitcoin community
Yeah I think it’s a good opportunity for them to earn a decent income through it I think the countries of Africa are suffering with a huge poverty and unemployment so I think it is a good way for them to earn and fulfill their daily use. This is also good for the promotion of the bitcoin as it is now mostly popular in just developed countries.

When those people are planning up bitcoin based business for their local people, the success rate would be relatively high and I believe this forum will help them on setting up business too.
Not just in Africa, world wide people can do this in this respective countries just to make use of the advantageous of bitcoin system. I agree developing countries and under developed countries are having more potential than developed countries. Still, bitcoin will get all of them huge profits for sure.
6691  Bitcoin / Bitcoin Discussion / Re: In what situation would Bitcoin die? on: March 03, 2017, 11:03:06 PM
natural disaster will not only effect internet but will also bring a big change throughout the world. it will even effect all aspect of life. but in normal routine i think there is no chance that internet will down and hope that bitcoin will continue increasing from time to time and we will get enjoyment from it.
Natural disaster is an exceptional case and I think it is not the point of discussion. I think it is hard for the bitcoin to die or decrease its popularity. I know nothing is impossible but if we see its latest progress and popularity I don’t think it will ever going to be happened.

In extreme cases, both bitcoin and human being will not survive. Nuclear disaster must be one of that kind. When human could not survive on this planet there will be no point of discussing about survival of bitcoin along with that.
6692  Economy / Economics / Re: What is your best investment strategy? on: March 03, 2017, 09:54:28 PM
I have many Investment strategies but I don't like putting all in one I would also recommend you to do the same.
What I did was invested 75% of the money in bitcoins and the remaining I invested in altcoins like dash and monero.
I personally find it hard to understand why people are investing so much in altcoins, I mean they have unstable price and the exchange rate is low compared to the bitcoin which means if by any means you fail you lose it all, it is better to dump half of your money into bitcoin try and sell it when the price is high and rebuy it when the price is low.

People who are consistently holding bitcoins make lot of profits with their strategy at the same time we need to consider those who are actively buy and sell bitcoins by catching the fluctuations of bitcoins somewhat perfectly and making use of them,

Our investment strategy could be both the kind. But how much profits we will make at the end of day must be really mattering to conclude the effectiveness of our strategy.
6693  Economy / Economics / Re: Is it profitable to run a Bitcoin faucet in 2017 on: March 03, 2017, 01:51:25 PM
I think it is if it got a apropriate payout, and if you promote it accordingly it should work out for you  Smiley
If he is promoting his faucet in those people who are already earning a good income from here then no one will join his faucet because I know faucet owners give much less to the members but if he start to promote among those people who are low earner at PTC and GPT sites then they may take interest in that faucet.
Faucets have been really unsure about whether or not they are profitable or not, it is all depending on the owner if he is willing to offer his time and effort into promoting his faucet so people could use his faucet, then he could make profit out of it, but that is not easy, and don’t expect to earn a lot if you are not willing to work hard for it.

Having a well planned layout will make your faucet site successful from having thresholds it will make claimers claim all the time just to reach the goal which means more traffic, also having a referral system will work as long as it won't run dry your faucet.
Yes, it seems we need to manage many things so that we could make profits from the faucets. So far I just remained a faucet user after seeing many useful suggestions on this topic, I believe I also could become a faucet owner. In my view, owning a faucets also a good business if we perfectly manage them.
6694  Economy / Gambling discussion / Re: How can gambling help you with your life? on: March 01, 2017, 01:32:12 PM
Everyone knows that investment in gambling site's bankroll is part of gambling as well
How ? Investment into a gambling house may be gambling industry related thing but certainly not a gambling activity related one. Going to school and running a school is same kind of activity ? I guess differences are obvious.

since you are with the house, you are getting the house edge advantage as well so you can possibly be getting profit in the long run. If there isnt any variance on the gambler than that profit is guaranteed for you to have
I agree, this must be the one and only way we can find a help from gambling industry to support our life. I am not seeing any gambler making a life just by playing gambling. In a provably fair environment, there would be significant possibilities for variances to occur time to time. So, the earning from gambling bankroll investment need not be a guaranteed one all the times.
6695  Economy / Service Discussion / Re: motorcycle loans using bitcoin? on: March 01, 2017, 01:01:42 PM
is there a motorcycle dealer / leasing accept credit payments motor using bitcoin?
Don’t waste your time trying to look for it, since it probably does not exist, if you have a lot of bitcoin sell some of it for fiat and buy the motorcycle with fiat instead, I know many of us don't want to sell bitcoin right now but you will have to d it if you want to buy something like a motorcycle.
When he has lot of bitcoins, why he needs go for loans. I guess going for common bitcoin loan with proper collateral and then using those loan for buying a motor cycle would be the feasible solution for OP. But I doubt lenders will be ready to loan big amounts. I know about long term loans but not seeing active loans are being availed there.

I guess any kind of loans in bitcoin will be possible in near future as with collateral the lenders will be complete risk free. Probably many people would have got some other their business idea from this topic  Wink
6696  Economy / Economics / Re: bitcoin provide income on line? on: March 01, 2017, 11:56:29 AM
Some of my friends are earning from bitcoin through Signature campaign and other Online jobs. Actually they were earning higher than our instructors at school. So nice!! Inspiring.

Yes, bitcoins has provided good opportunities for many people to earn some extra money during their free time from home. I too make some decent amount from bitcoins from my signature campaign and trading. Trading is the one gives me more profits. If one can provide some services online then they can make even more money.
There are lot of possibilities are there to have online income through bitcoin systems. Our generations need to tank bitcoin for bringing up part time employment so easy that too it would be possible within our home itself. I am a student and I am able to make a decent income online just due to bitcoin ecosystem.

If bitcoin was not introduced I would have struck with PTC sites, practically there are worst than bitcoin faucets. Because with little bitcoin earning from faucets, if you save then you might get multiplication of rewards in near future but it is not at all possible with fiat payments.
6697  Economy / Trading Discussion / Re: Do you always missed the right time to sell/buy bitcoin? on: March 01, 2017, 11:25:38 AM
a lot of mistakes and missed time to buy and sell bitcoins did happened to me from the past years.
I guess it would be too hard to cope up a as successful trader when you are missing out chances and making mistakes in your trading career. Mistakes may happen one or two times but making continuous mistakes might lead to severe losses over time. We must avoid mistake in any sensitive businesses.

I sold a lot of my hard-earned bitcoins at the rate of $250 each in 2015
That must be really a wrong price to sell bitcoins (in other words that must be a very right time to buy more number of bitcoins). But I can understand the frustration when you are facing prices coming down from $1100+ to $180, anyone will take emotional decisions.
6698  Economy / Trading Discussion / Re: Scam indicators? on: March 01, 2017, 07:57:32 AM
the most website that i know is hyip because they are legit in the beginning and then after 10 days later, the site having problem when we want to make withdraw.
Do not call them legit for first 10 days. Those 10 days are just the baiting period to make you come back with more capital to invest with them.

If you are looking at their business model and the way how they are generating their source of income then you will definitely identify them as scam from day one itself and there will be no need to wait for first 10 days. We are failing to steady the indications clearly and falling with them because they are running their businesses as the legit in the beginning days.

the other is cloud mining but cloud mining is long enough than hyip sites but in the end cloud mining is getting scam too like hyip.
There are many easy methods are available to find out a cloud mining whether they are legit or not. Because hash power contribution is verifiable but people start investing with them just by seeing their photoshop proof itself.
6699  Economy / Trading Discussion / Re: How do I grow my btc? on: March 01, 2017, 07:20:14 AM
Just hold them and wait.

edit - sell high buy low of course.
that is a basic knowledge that we all know, but market is unpredictable so how to know that at the moment you sold price isn't go higher or the other way
Do not get wrongly informed. There are a lot of easy and sure shot ways are available to grow your bitcoins. Just entering and struggling with trading is not the only way so please come out of it. Because trading will not be suitable for all the people, you need to get ready before entering into trading.

Freelancing will be possible for each and everyone because with our education and through hobby, we must have some skill which can be used to grow our bitcoins. Graphics skills are very good example here, but I do see people are not utilizing this types of basic skills but trying only with gambling or trading and eventually finally facing losses with them.
6700  Economy / Trading Discussion / Re: Auto tradint bot 10% daily? on: March 01, 2017, 06:44:42 AM
There is a bot that can make 10% profit daily trading? BTC x all cryptos  Cheesy
I just suspect that you want to market some of your software by inducing hype among traders. More importantly this is not seeming as a discussion topic rather than he's just showcasing your performance just to temp us contact him to buy your bot. This is not an acceptable action here in this forum.

If there is, it wouldn't be for sale. The developer would have kept it for himself but I doubt it exist.
There are many trading bots. But none of them will be performing consistently. That is the reason all the developers come forward to sell them because instead of using those bots for own trading, selling them would be more profitable.
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