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961  Bitcoin / Bitcoin Discussion / Re: Do you remember the very first time you sent a Bitcoin transaction? on: January 30, 2017, 06:28:37 AM
The first time I sent bitcoin from a wallet to a exchange wallet feels nervous, I don't know if it will work or am I sending it at the right address. It takes me about few minutes to do my first transaction and I never thought that it was recorded in blockchain, so I really don't have an idea before that I can check the tx.  Cheesy

After receiving the amount on my exchange wallet, I was amazed, and feels like I want to try it again.  Cheesy
962  Bitcoin / Bitcoin Discussion / Re: Could bitcoin prevent crime? on: January 30, 2017, 06:15:32 AM
It is impossible for bitcoin to prevent crimes as it is firstly known to be used for Illegal activities although it is not made for the said purposes bitcoin is designed for anonymity in the early years and even all the transactions of bitcoin could be traced now there are many cryptocurrency that can used as an alternate for bitcoin and which is totally not traceable.

I think you got it wrong. What the OP wants to know is if during the transaction, bitcoin could be the best solution for scammers to keep out and escrows could make it happen. Anyway, I think if the purpose of the thread is for those who has illegal transaction hiring a escrow so the conditions in their trade is being followed, it is possible.

But if the escrow that you find on a big deal is one sided, or probably there is a conspiracy between the other guy, then I think it will just be a mess if the other side notices that it is what you did.
963  Other / Archival / Re: Which one is better for bitcoin future? Mass adoption or huge price increase? on: January 30, 2017, 06:11:36 AM
Mass adoption is better for bitcoin future.If there is huge increase in price, it will be only helpful for traders.It will not help for bitcoin progress in long run. People and retailers should be made aware of bitcoin and they should be made to adopt bitcoin. It will make bitcoin to spread widely.Moreover, mass adoption would increase the demand for bitcoin, which would inturn increase the price of bitcoin.

Investors are the one who invest in bitcoin, and they are the one who makes the price moves rapidly when they invest, and price fluctuation is what brings them here. On the other hand, it will only be for the short time, just imagine if all the people in the bitcoin world are investors, probably the price would be like a zigzag, and connivance between traders could be possible too.

But anyway, mass adoption is still the best, with that, the number of bitcoin isn't just in the hands of few, but in the hands of many. That will be a slow and steady price that we will expect if many are holding small amounts.
964  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: January 30, 2017, 06:06:20 AM
I think if the price is more stable than, bitcoin would be more popular than now. Because many big players (I mean really big like retirement funds, not like Chinese player) will enter the market safer. Many people will trust and will use bitcoin, many websites, banks maybe even countries will accept bitcoin.

If I have a retirement fund, I won't put it in currencies that has a price of $0.01-0.10. It's not practical, why would I convert my cash to bitcoin if no more growth is seen, besides, retirement fund should be safe and should be put in banks and anywhere that we can use the money each time we want to use it. But as merchant, it is a good opportunity, since no more fluctuations and your price won't be moving each day.  Smiley
965  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not supported in some countries? on: January 30, 2017, 06:02:08 AM
Actually, all countries see bitcoin as a challenge to their economy.They fear that illegal transactions would take place via bitcoins.They feel they would not be able to impose tax on bitcoin users.In Bangladesh, even imprisonment is given if people found using bitcoin.In contrast to this, a micro nation called Liberland has announced bitcoin as their national currency.Bitcoin cannot be banned completely.Banning bitcoin means banning internet and its highly impossible.


Fear in bitcoin to challenge the economy is not true. Why would it, actually the use of it in a country could help, even if it's not big, I am sure it can. But what I think too that makes bitcoin looks shady is the use of it by some in their illegal activities, which is I think unavoidable since bitcoin is not being regulated. Maybe we should be happy by now that it is not supported, atleast countries are not yet into banning bitcoin.  Smiley
966  Economy / Economics / Re: Which one is good, trading or investing? on: January 30, 2017, 05:53:16 AM
It will be different for everyone, I prefer to invest than trading as I have no idea and not learn about it yet.
What kind of investment which will be matter to get profits instead of loss. Do not fall to some sites offering easy money and ended as scam. It's better to patient and invest in real life as you can see and responsible for every decision to get profits.

Both ways are great, but when it comes to trading, you need knowledge at it so it won't be risky, same as in investment, when you don't know where you are investing, it will just fail. When it comes to investment, better choose investments in real life like engaging in business by opening up your own shop/store. Anyway, I don't trust all online investments, they are all turning into fraud/scam in the long run.  Smiley
967  Economy / Gambling discussion / Re: Why is gambling so addicting? on: January 30, 2017, 05:40:42 AM
Gambling is so addicting when there were time that you win great prizes and yet you became enjoyed woth the fun and instant money, and you don't know that you are getting addicted to it. Those were the common reasons thats why it happens there were addiction in most cases and gets even worst if his wealth and properties will be lost through his addiction

In short you feel the satisfaction, that is why you keep coming back to gambling sites. When you see that you win, and what you win is as big as what you could earn in a day, - it's enough to keep you coming back, thinking that, "why do I need to work, I am earning good in gambling, with just one click I could already produce what I need for the whole day".
968  Economy / Gambling discussion / Re: Online Gambling vs Real Gambling on: January 30, 2017, 05:32:17 AM
In my country all forms of land-based gambling are legal according to local legislation. As far as it concerns internet after 2011 there is regulation and a formal licensing process for online gambling operators in the country where only if anybody is giving his real identity and is over 21 years old has the right to participate. Moreover all gambling operators must have license and  pay tax according tax legislation.

That's normal. All the legal casinos require that, license, taxes and everything that the government may ask, and as far as the age, that's normal too, even in other countries that's the rule when it comes to gambling establishments. If you wanna get caught then don't get such requirements. But when it comes to online gambling, it differs, mostly it is banned, only that the law don't have the balls yet, or the law isn't that strong that only covers few aspects of gambling, that is why it is difficult to enforce it.
969  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Really The Future Of Money? on: January 30, 2017, 03:23:16 AM
yes, why not. if all country around the world accept bitcoin and make it legal
bitcoin can change fiat money or other currencies because bitcoin system better than fiat money
and all around the world can use it

Well, you can't convince all the world to use it. The countries in the world are not the same. Some might use it and some might not. Fiat system is still better and maybe bitcoin just have few advantages over the money but not totally.

Bitcoin is not the future money, for the reason of very limited supply. Bitcoin does create the technology for future money. I think at some point central banks will create cyber money on their own.

True, supply might not be enough for the whole world to use it as main currency. But for sure the technology it has is one of the model that will be used for the future money in the internet/web.  Smiley
970  Economy / Gambling discussion / Re: If money would not be a problem, would you still gamble? on: January 30, 2017, 03:18:51 AM
i will not gambling again if money is not a problem for me, because i am gambling to get money
so will stop gambling if i rich i will use that money to other business than gambling

That's the right reason, and probably the best thing to do if you have money, instead of betting on gambling, you could use your money to other things that will be useful to you in the future and will give you profit. Besides, what's the use of gambling if you are not feeling excited of the wins anymore since you already have what you need.  Smiley
971  Economy / Gambling discussion / Re: Anyone ever stop gambling? but then gamble again? on: January 30, 2017, 03:09:20 AM
I tried to stop myself from gambling but the longest time that I can hold back is only for 2 weeks,
I came back because I was so bored and don't have something else to do and since I have some spare money I gamble it.

That's common. It happens on all the gambler, they stop for a while if they don't have money or some other circumstance that prevents them from gambling and then return when they are already fine or they have money again and a spare time. You cannot stop totally when gambling is still in your mind. You have to release it and focus on some things, like a long term job and have a long term goal also.

Well, as long as you are doing a healthy gambling activities in life then I would say that is fine to gamble again and again. That will give you more enjoyment in life as gambling is very entertaining, don't gamble when you have a problem like gambling addiction as it will not help you, instead, it will just make your problem worst.

No doubt about that, but I do think that doing gambling over and over again means that you are in the brink of becoming an addict. That means it might result to problem too. So if ever a gambler stops for a reason, it should be for good, but if you would just coming back, that's something that needs to be cure.
972  Bitcoin / Bitcoin Discussion / Re: What would happen if BTC was Banned? on: January 30, 2017, 02:10:46 AM
If that's happen many people will get angry because we all know that bitcoin is very helpful to us and especially those person who invest big on having bitcoin will probably get mad too. The bitcoin will get down and many person will try to snatch to others.

No, that's not true. Why would banning bitcoin would cause chaos in the country? No one steals anything from anyone. The only people who will get angry are those who are earning from bitcoin and it is just their only job, to earn dusts. But those investors, no, they will be back to their life and invest on new things that might have a future.   Smiley
973  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: January 30, 2017, 02:04:35 AM
I am not rich but I do play in some gambling sites and earn some profit through it,
And I highly doubt that I can be rich just by playing in some gambling sites.

Surely you can't be rich in gambling. Only few gamblers become rich from it. But what you are doing is great, you are never expecting anything from it.

I have big balls and I play poker with own money.I am training with balance 0.001 btc and I make profit 0.02-0.05 btc per week even more because I really easy turn 0.001 btc to 0.01 btc and they I withrawal all my money,no I am not rich  Undecided

Good for you that you are winning in gambling but that doesn't mean it will be the same all the time. That also doesn't mean that you are rich already. But who knows, if you are winning such amount all the time, then you have a chance, but as I've said, gambling result isn't consistent.
974  Economy / Gambling discussion / Re: Anyone ever stop gambling? but then gamble again? on: January 30, 2017, 01:53:59 AM
I tried to stop myself from gambling but the longest time that I can hold back is only for 2 weeks,
I came back because I was so bored and don't have something else to do and since I have some spare money I gamble it.

That's common. It happens on all the gambler, they stop for a while if they don't have money or some other circumstance that prevents them from gambling and then return when they are already fine or they have money again and a spare time. You cannot stop totally when gambling is still in your mind. You have to release it and focus on some things, like a long term job and have a long term goal also.
975  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: January 30, 2017, 01:36:16 AM
Maybe this forum looks so great ,maybe bitcoin can replace every fiat money we will se that later.I heard a lot about a bitcoin and my friend told me that bitcoin will is best virtual money but I am not sure can I trust him?

No, that's not true. At this forum and other bitcoin websites, yes, bitcoin is  great, but in real world, I didn't see bitcoin to replace any fiat/dollar. Bitcoin is the best here in the internet as digital currency. But anyway, the best thing that I see bitcoin to being the best is in the internet, and probably greater than paypal.  Smiley
976  Economy / Economics / Re: The future of the paper money on: January 28, 2017, 07:28:11 AM
future where technology is growing I think the paper money will be forgotten and replaced by something more easily possible. as well as the newspaper now you can read the news on your gadgets via the internet
but the newspaper still favourable amongst many people, they often said that the feels of reading news paper and reading news through internet is different by many factors, according to that i can say that there must be some people who still prefer paper money over digital currency,they will hold on until government ban that paper money or stop to use it

Actually news papers now has online version. Both are good to read and are just the same, but I am sure millennials will prefer the online version and the old folks love to read the news papers with their coffee.  With regards to money, it will survive for many years and probably will just have a change in its composition or the materials that it use, but still, it will survive.
977  Other / Archival / Re: Which one is better for bitcoin future? Mass adoption or huge price increase? on: January 28, 2017, 06:29:08 AM
I would believe mass adoption would be the better choice because it would bring a steady price rise anyway. The more people use and save Bitcoin would naturally bring a bigger market cap fr Bitcoin would you not agree?

Agree. Not to mention that if many are holding small amounts of coins, then there will be no artificial pump and dumps, except if it is made by a group or during holidays that everyone needs money for their tables. Many users means sturdy bitcoin price. No more worries about overnight drop in the price.
978  Economy / Gambling discussion / Re: What is GAMBLING? on: January 28, 2017, 04:28:43 AM
Gambling is take risky action in the hope of a desired result or risking something of value on an uncertain event in hopes of winning something of greater value. Its different with game, investment and business. Game, Investment, and Business didnt need 100% Luck. You have to learn about it. You need good strategy, you need good analysist Wink

What do you mean? Both investment and business needs luck.  Even sometimes in games that has no bet, you sometimes needs luck. The truth is, gambling is more like an investment and a business. It's in the form of a game only that you need capital to start. If you consider it as none of those three, I think it's not gambling anymore or probably you really classified it as different.
979  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: January 28, 2017, 02:20:20 AM
The only person who gets rich is the gambling site owner otherwise no one else gets rich. Now many will argue that people make profits but this guy's will sooner or later come back to gamble and they will loose, then to recover the looses they shall gamble again so only to loose again. Hence no one except the owner profits and it's better to avoid gambling on sites, but then can we possibly stop gambling not that easy, have tried it a lot but can't give up.

Not only the owners, investors too earn  from gambling sites. Though it's not too big, but I am sure that they earn, since when the gambling site or the house wins over the player, then the investors got their share on it. In the end players are the one who suffer losses and the investors win. I only see few winners who share their experience and some of which are just a small win and probably never happen again, so it is possible that only few get rich with gambling some just keep it a secret.
980  Economy / Economics / Re: The future of the paper money on: January 27, 2017, 09:14:00 AM
I am very sure, paper money survive no more than 50 years, this is because the Earth has been very badly damaged, thus the use of papers are forbidden, including to make money.
Money is no longer just paper, if you touch the new bills from most countries you will realize they feel a lot more like plastic, besides if at some point the earth was in that bad of a shape you could bet priority will be given to print money over anything else.
there always pros and cons , if paper money damage our earth then digital money would have lack of security. anyways if i have to choose which one between both of course i would like to choose we have to move to digital money where everything run more flexible. the security problem could be solved as time goes by right?

It is unavoidable, when we use our natural resources we are damaging it. Same as if money becomes digital, we will be using more and more electricity each day, so the result is the same. As for me, I want it to be digital too, but with regards to the OP, I am sure, paper money will still survive more years, until the governments decided to stop the use of it or until all the sources of printing paper money is been depleted.
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