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6721  Economy / Economics / Re: Is trading just educated guessing? on: February 27, 2017, 11:48:44 AM
Can you really be sure you will profit unless you have insider info?
With altcoin trading, I agree with the you that I will not be able to make any profits there without any help from inside people. Because only devs and their team are well known about when one particular altcoin is going to be pumped or dumped. I have noticed rapid changes in price levels along with their recommendations.

For bitcoin trading, I have not come across with the any insider information so I'm not sure whether this type of manipulation is existing or not. When considering the 18+ billion dollars market cap of bitcoin markets, I believe there will be no possibility of manipulation by some people.
6722  Economy / Economics / Re: Bitcoin or gold? on: February 27, 2017, 08:20:29 AM
I believe bitcoin prices will stay similar to gold prices, staying so stable. Before end of this week we can expect bitcoin prices to beat gold prices.
Yes, both gold and bitcoin are more stable as it is present for a long time, while bitcoin is very new as compare to bitcoin and making its appreciations to match gold. I think when time will pass the bitcoin will become more stable but I think the income that we can get from bitcoin right now we cannot expect it from gold.

Bitcoin is good for now because we are using the technology and we have access to it, and Bitcoin cannot be confiscated by governments like gold was in many countries worldwide..
That is the reason people are expecting bitcoin to beat gold in near future. When considering the flexibility and usage as per digital era and day to today life, bitcoin is only suitable whereas gold is completely remains as a traditional way of store of value.
6723  Economy / Economics / Re: Do you Still believe in Fiat? on: February 27, 2017, 07:26:27 AM
Right we are in completely different situation after bitcoin enters into my life. But still i believe in fiat currency it is the major currency which will ruin their corresponding countries. Fiat currency is the main currency which is used to buy other currency at specified prices given to other currencies. So all other currencies depend on fiat currency only.

I don't even have a time to doubt fiat because there's no way that we are going to have time for not believing it.

We can't buy everything if we are not going to believe in fiat. And everything on this world are still depending on fiat.

It's the worlds preferred medium of currency.
Fundamentally we do not have any reasons not to believe on fiat. Fiat is being used by the people throughout the world and without fiat it is difficult to survive because bitcoin or any other crypto currency cannot provide us such facilities that fiat can. But things might differ when bitcoin will hit mainstream adoption.

Just in 2 to 5 years, I am sure bitcoin will be available every part of this world and every single person will be using it and there will be no need to depending on fiats anymore at those times. We may still believe in to fiats but we do not need to use it.
6724  Economy / Gambling discussion / Re: Investing in casinos on: February 26, 2017, 09:20:26 PM
Finding a reputable casinos is not a hard job to do, we have threads here dedicated for a specific casinos running their business and we can always read the feedback of the people, and we have already a good understanding on where to invest. Though it does not guarantee that we are scam free but at least we are confident with what we are doing. Moreover, we need to diversify our investments.
Although it is not such an easy job to find a trusted casino, but I think bitcointalk can make it easy for you to find a trusted casino, where you can invest your money in a trusted casino. But still you also need to do some investigation about the casino where are you are going to invest our money.

nowadays the reputed casinos suddenly they will turn into a loss. So be careful before investing any casino site.
This is the point even veteran investors get failed because no one can be sure all the times about the future of one business. Even long searches also fail in this case.
6725  Economy / Gambling discussion / Re: Do winning and losing gamblers have different personalities or habits? on: February 26, 2017, 08:38:56 PM
Yeah, I have noticed it, but in my thinking, it is not right that winning in gambling is not depend on personalities or habits. Because i think it depend on Luck, many useless personalities can win in gambling, but only when luck cooperate with them.
But it is other thinking when someone say that strategy or skills would be needed in gambling than also it will be matter our personalities or habits.
Yeah and talking about habits I have seen gamblers who loose a lot they still rain away a little often while there are guys who win most of the time yet they never rain or share their winnings.

Not encouraging rains here but actually I am saying that each person is different and even loosing gamblers can be polite and humble while winners may be too kind or too miser in their life. We can not really conduct any survey (as op suggested ) based on these.
6726  Economy / Gambling discussion / Re: Do you care about bonuses on btc casino ? on: February 26, 2017, 06:12:47 PM
As i can't afford losing too much money from gambling, bonuses from btc casino is a lot of help to me. I can play more longer because of that bonus. If a btc casino has a bonus like deposit bonus i can enjoy it more because i can bet large amounts compared when there is no bonus. If lucky, my profit would also be bigger to.

True yo can bet bigger if you have deposit bonus and your profit might be bigger as well at the time you bet, but the profit is nothing if you have not meet the wagering requirement yet and most likely you will lose all your bonus + initial deposit before completing the wagering requirement.
I myself prefer to avoid any deposit bonuses, bet using my own deposit is always better for me as I can stop anytime after winning because I do not need to think about rollover.
I agree , spending a deposit bonus on a gambling site is a very good deal . You can earn a bitcoin on a gambling game without worrying the bitcoin you will lost in your game. Majority of us here wants or agree that bitcojn bonuses really helps us in playing gambling games.
That is true but bonuses are always given a for a simple reason because they want to either introduce their site to you or they want you to keep gambling ( like loyalty bonuses ) and both the things are quite bad for a gambler.

In case a gambler thinks of quitting and gets an email about a new bonus they just start again and then deposit their own money. Overall, we can say bonuses works well for gambling houses but very rarely will work in favor of gamblers. Still, it is our responsibility to stay safe.
6727  Economy / Trading Discussion / Re: Fixed income with BTC trading? on: February 26, 2017, 08:10:50 AM
For those who have a skill in trading and can predict which coins would be better to trade and some luck you can earn something from trading, but for stable income I think no unless you had a time to do.
With the respect to altcoin trading, almost every trader must have strong skill set + some luck to earn.
But, luck will not be playing any significant role for bitcoin trading against fiats. Because unlike most of altcoins, bitcoin is not being manipulated randomly. With some technical analysis we can predict directions of price movements.

Still, I doubt steady income from trading and particularly from bitcoin is possible. Because I do find on some days, bitcoin prices are trading in range bound and we could not find the any decent profits within that range.

Expecting fixed income from trading for this reason still looks like a greedy for me. Trading without losses would be a big achievement rather than achieving fixed income imho.
6728  Economy / Trading Discussion / Re: Methods for Shorting Altcoins with BTC on: February 25, 2017, 07:41:45 PM
I basically want to use a short as a hedge while investing in altcoin-denominated investments/securities.
I am not finding any exchanges offering selling-first types of trading. I have seen this feature only with Forex trading platforms. I believe, for cryptocurrency world it is completely new thing. Basically cryptocurrency exchanges are still working peer-to-peer type of exchanges whereas forex works peer-to-broker kind of exchange.

My long term investment goal is to grow my BTC position (regardless of current exchange rate in terms of USD).
For making more bitcoins, I guess you need not looking for shorting altcoins. Making use of altcoin trading and just holding bitcoins will help you to earn better in more effective way within short period of time than you expect.
6729  Economy / Trading Discussion / Re: Which trading method is better? on: February 25, 2017, 05:52:15 PM
At present, I am doing a research on the most profitable trading method and I am wondering: Is it better to do btc/fiat trading or btc/altcoin trading?

Which method yields the highest profit?
Its seems like most of the people prefer Usd/Bitcoins market.

While I am not denying guys that it's much more safe and easier since all we have to do is wait but if you are a person who has some nice understanding and knowledge then you can earn with altcoins.

Since, you can just buy some potential coins, wait for the peak to reach and then sell all of them. Tactically this market is much better while in hindsight the best market is still Usd/bitcoins.
6730  Economy / Gambling discussion / Re: Do you care about bonuses on btc casino ? on: February 24, 2017, 04:06:56 PM
Who doesn't like bonuses? As long as they can be used to earn real money. Because some of the sites gives you bonuses but only for trying the site but you cannot cash out anything if you win something out of that, so such bonuses are almost meaningless, but some websites offer some bonuses which you can use to win some bitcoins if you can really manage to do that, and such bonuses are really fun to play with.
there is no realistic bonus given by the casino , they have calculated everything and it is always in casino favor. 35x or 40x wagering requirement are one of many casino strategy to attract players to give a shot win bigger amount with limited capital.

there is no harm to try it out , but if you know how the feeling , then it is up to you to choose it or not.
Honestly casinos give bonus for their own benefits. They are using different trick to attract people to their casinos.
I think it is their advertisement. Some casinos give bonus through which you can only play, while some other casinos also give option to use the bonus to play with or can cash the bonus, depending on the person who is receiving the bonus.

I always look for bonuses but simply utilizing those bonus does not mean I will continue my gambling with them there after. It means I just use their bonuses just to check their services.
6731  Economy / Gambling discussion / Re: How do you choose casino to play? on: February 24, 2017, 01:49:56 PM
I also when I find casino write a name from that casino in google and I write casino name and review and then if I like review then I join to that casino and gamble there.
in other word it must be trusted enough and make players satisfied based on most reviews, more specific people love to looking for an attractive promotion (not a bonus that required rollover) people tired give a shot on something like that.

a unique promotion just like how directbet did every month in their happyhour maybe?
In my area as gambling in not legal, therefore we do not have legal casinos here.

We do not have formal casino here, we have just limited games in our casinos, actually there are more chances that the police will react and will get seal the casino therefore the owners are trying to not to invest any big amount in their casino.

Out of this, I have only option playing with online gambling sites. I just follow bitcointalk reputations while choosing my gambling site. I they are not active on this forum, I will not touch them.
6732  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: February 24, 2017, 12:01:39 PM
Sometimes i became rich when i win thrice in a row because of playing in a game. So therefore riching side that is part of luck and your destiny to become a rich person in the world.

If it is so easy to become rich then most of the gamblers by now would have been rich by winning few times. If you want to become rich, then you should find a way to work hard and smart and not from an easy method. IN gambling only if you're lucky then you can win some big amounts otherwise most of the time you will lose money. So it is good to try your luck with a small amount once in awhile instead of everyday.

I do believe that you won't get rich with gambling... Even if you win big, we can't deny the fact that before we win, we lose, and after winning big amount, we are not going to quit gambling for good... Most gamblers, after winning big, they return and thinks that they could win more as they are thinking about it that they might still be lucky...  Smiley
But I think it depend on the bet for example if you win a millions dollar bet then it can make a rich person over nigh. But after that it depend on your strategy that how you manage that amount.

If you will continue gambling with that amount without any planning and strategy then there are more chances that you will even lose your all winning amount again and if you have some good strategy then you have chances to keep your money with you and even increase it.
6733  Economy / Gambling discussion / Re: Are There Any Regulations for Bitcoin Casinos? on: February 24, 2017, 11:22:43 AM
Are there any regulations or oversight for bitcoin casinos? I think for other online casinos where you have to deposit genuine money, there are some government regulations regulating these casinos. How about bitcoin casinos?
Yes, payment things make necessaries for regulations.
When you are sticking within bitcoin or cryptocurrency payments with your gamblers then there would be no requirement of regulations as you never need any approval from any government.

Regulations for a casino business is mostly country specific at the same time online casino does not require these when not dealing fiats. If I plan for a casino I will not deal with fiats and physical casinos so I believe I never need to worry about regulations.
6734  Economy / Trading Discussion / Re: Any opinion of trading cryptocurrencies vs penny stock? on: February 22, 2017, 10:11:09 AM
Penny stocks and gambling are both higher risk ventures than trading cryptocurrencies.

The higher risk translates to there being a larger percentage chance of losing everything invested.

The higher risk also translates to higher potential profits if the investment is successful.
I am not preferring trading for a do or die. If I do prefer, I would have chosen gambling instead of trading. Compared to gambling trading is relatively less risk involved and that is the reason I am into trading. If penny stock trading is again similar to gambling, then I will never touch them.

After seeing this topic, I checked some learning materials on penny stock trading. But I decided to continue only crypto trading. Basically I am not preferring trading stocks, but penny stocks are unlike other stocks seems high risk involved.
6735  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: February 22, 2017, 08:34:28 AM
Holding btc is a decent way to earn extra money but its not a guarantee that you will reap what you sowed. I would rather diversify my investment into altcoins as well to avoid losing everything at once.
That is true, holding bitcoin for a long time is not guaranteed to give you any significant profit, however if you play it smart and divide your capital into saving and exchanging that might earn you profit, the price of the bitcoin goes up and down so if you wait until it goes up and sell and then rebuy when the price is low you can double your bitcoin in no time.
6736  Economy / Trading Discussion / Re: How do I educate myself on bitcoin for investing? on: February 22, 2017, 07:58:24 AM
I would always prefer Google search and YouTube to learn anything, this could provide masterly information to learn it quickly. In that prospects you can learn btc investments using various videos on YouTube. You could the below video which can help about btc investments.

https://m.youtube.com/watch?v=x0hADSSlUUU
It is a good idea to diversify the sources from which you take information, like Google, YouTube and even this forum which I found really helpful when it comes to learning things about bitcoin investments and other stuff, the point is to keep looking until you have a clear idea on what you are doing so you don’t make false decisions.
6737  Economy / Trading Discussion / Re: you need to overcome your fear of losing money on: February 22, 2017, 07:09:22 AM
Not only confident you need to boost your experience in order to over come of loosing. It is very common in all human being in any aspects of their investment. But once you are experienced and well analyser, you will make decent in making money. Spending more time by analyzing the market will also make you money because some your prediction will give tons of money through trading. 
It is true, but in order to develop a good experience and progress and make profit in trading you have to try it for yourself.

It is okay to fail at first because failing is a part of learning so don’t be afraid to try, just start with a ow amount there are sites that allow you to trade with virtual money just to train and when you feel you got the hang of it you can start trading like a pro.
6738  Economy / Gambling discussion / Re: Giving up gambling is not easy on: February 21, 2017, 11:54:03 PM
Discipline indeedly is needed in order to  do that. This is quite tough to do specially when you feel that you're lucky in betting or rolling. The moment that you are too confident on yourself, the moment your greediness triggred which leads you to bet more which causes you to lose your money.
The same "over-confident" makes it is difficult to quit gambling. When we are foreseeing your profits, how we will quit such system ? I believe gambling has all the characteristics to inject us those confident levels slowly. Only realizing the true nature of gambling will help a gambler to overcome the real difficulties of quitting gambling.

play for a period of time or until you win or lose a certain amount of money but never play until your money has disappear.
But, within that period of time, most gamblers get addictions and after that quitting it becomes too hard for them. This also fixes with having a limit for gambling bankroll. Honestly I am not finding any working way to quit gambling.
6739  Economy / Gambling discussion / Re: do you use analysis when play gambling? on: February 21, 2017, 11:21:41 PM
I do not believe an analysis can affect the outcome of gambling. which I believe is the luck factor.
because gambling is a game that risked our luck. luck is far more important than others.
But if you are into right gambling then you can have more factors other than just luck. I do gamble on cricket betting, no one can claim that I am making money there just for being lucky. I spend more than hour before making a bet for analysis.

Only due to analysis, I am able to bet on any team whereas my friends do bet on only our home team. That ls differences of using analysis.
6740  Economy / Speculation / Re: $1100 broken, ATH incoming on: February 21, 2017, 10:47:23 PM
$1100 has been reached, OkCoin still has a big delay in price, china is no longer relevant. Bitcoin is now sailing with confidence towards ATH, and once ATH is broken there is no stopping, it's anybody's guess how high it will go.

It doesn't matter if there is profit taken between $1080 and ATH, it is now unavoidable and a matter of time when we destroy the ATH barrier.
I am afraid again $1150 will play as strong resistance zone as many bitcoiners still believe ATH would be the profit booking levels. The good thing is this time we are having massive investment news ETF to support prices. Still I am also very much confident this time bitcoin prices are going to see $1500 levels before making any turn, that too before end of February itself possible.
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