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1721  Economy / Gambling discussion / Re: the easiest way to make a profit from gambling? on: November 07, 2016, 08:52:40 AM
If there was an easy way to make money by gambling then there would be use of studying and working hard for a living. Still them easy wins on casinos are the least profitable like betting on 1.02x multipliers. Bigger multipliers mean higher risk and more chance of getting busted. So all in all is a huge profit for the casino owners and not the players.

Yeah the only ones that actually make sure profit from gambling are those owners and operators. it's easy money for them as well. when you're playing, i think any game that you'd find inside a casino would be hard to win. aside from the house, you also would be relying on luck most of the time. so if you're looking for gambling game that would at least give you a decent chance to profit, do sport betting. waaaaayy lot safer than those luck based games

I am still wondering, if all the games in the casino can't be beaten and gamblers will lose, why would there still be players on casinos? I know I cannot make profits from casinos so I stopped gambling a long time ago. It is better to use my time on more profitable things to do.
1722  Economy / Gambling discussion / Re: Controlling your temper in gambling on: November 07, 2016, 08:02:54 AM
suggested that we set a limit on the money that may be at stake. So if we've passed the limit of money that may be at stake, we should stop first because maybe it was not our day.
we can prepare music to accompany us during play. So we'll be more relaxed when playing.

That could be a good way to control your losses. and may also be used to limit yourself from getting greedy. If you reached the target amount of money, you get out and bag your winnings.
1723  Economy / Gambling discussion / Re: Trading vs Gambling on: November 07, 2016, 07:59:44 AM
Trading is better than gambling because trading rely on skill so you can earn more and you can use it everyday, while gambling you rely on your luck and you won't be lucky everyday, and if you are not lucky in trading you don't lose all of your money

Trading will always be good for expert traders. They usually earn even the market goes up or down. However, for those newcomers in the game, it would be very hard but this is not to say that there is no hope - there will always a way to become a good and expert trader and that way is to learn, study, and trade regularly -you win or learn Wink

The only way to become a good trader or an expert trader is by doing trades. You cannot be an expert just by reading books or watching tutorials. You need to risk it first at your first few months, and once you get the hang of it, you will be earning better thru trading.
1724  Economy / Trading Discussion / Re: Where to get started on learning how to trade? on: November 07, 2016, 07:31:07 AM
I'm a person who wants to pick up trading again,I've tried to trade in the past and gave up due to not having enough time.Now I do have the time to learn and develop strategies,what are some books or resources I can take a look at to learn how to trade and how to develop my own strategy?

one word: google
search for trading, technical analysis and any keyword you may think is relevant or you may have questions about and start reading.

here is two of my bookmarks: https://www.tradingview.com/s/bitcoin/ and http://www.babypips.com/school (have not read this one myself yet Cheesy )


If you want to have a basic understanding of trading and acquire basic skills, then babypips is good for you. I tried it and the tutorial is easy and can be learned by beginners with zero understanding about forex.
1725  Economy / Speculation / Re: rapidly increasing price on: November 07, 2016, 06:41:04 AM
Well, any price increases by leaps and bounds, it would decrease when it is already very high. Well, it is not unusual, but after the decline, the current price of bitcoin back up again. I think that next week bitcoin prices could be above $ 720. This time I noticed that the price of bitcoin has reached $ 710, I hope this increased slowly in order to avoid a decrease in quick time

Maybe the price is bouncing back because they realized the rumors are just rumors and they were played. NOw they are buying back and bitcoin price is moving back up again. It is good that it is back in its course. Maybe we can enjoy a much higher price before the year ends.
1726  Economy / Speculation / Re: BTC keep rise again... on: November 07, 2016, 05:45:53 AM
Bitcoin is finally over 700 $, we all love when it's going up. Your wish is now reality, what is the next target? To be greedy and wish 1000 $ or to be humble and wish next number in line 800 $?
Price will go to 800 $ in next month, and maybe to 1000 $ before new year. We would love to see that, don't we?

Majority of users are waiting to see the price of $1000 and for the same reason they are holding their coins since the long time and $800 is likely to achieve in this year but its hard to predict whether it can touch 4 digit price in this year or not and many users will be satisfied even if it stays between $800-$900 level.

It would just be a bubble if it reaches 1000$ this  year, then correction will come and will be stuck at a price. So it is better for me if the price just steadily increase slowly. It will be slow but at least we will not suffer a very long correction period.
1727  Economy / Economics / Re: Paying taxes on forum? on: November 06, 2016, 02:47:25 PM
Do you think that people who offer some services here on forum and make money from it (like exchangin Bitcoin, offering lending services, web design, translations etc.) are also obliged to report that to their local authorities and pay tax?

As long as you are earning money and you are honest, you will include it in your tax. But if you do not care about your government, you can receive and spend your online earnings without paying taxes.
1728  Economy / Speculation / Re: Panic sellers got flushed fast on: November 05, 2016, 06:45:09 PM
I feel bad for all the noobs that panic selled at the controlled dump of the other day with the china ban news. Its obvious whales wanted to get more cheap btc and shaked all the idiots out with panic, now we are back to 700+ and looking strong. Hold.



I cannot say I am sorry for them because the price at the time they dump was quite high. So even if they dumped their bitcoin, they still made a lot of profit. Now they can reenter bitcoin and start making some money again.
1729  Economy / Trading Discussion / Re: did you put all your money into bitcoin? on: November 04, 2016, 10:05:45 AM
I have put less than thirty percent, because it is a market with high volatility. But I think there is a potential which is rare to find in other investments, and it's backed by a technology that is gaining ground every day.

That is the right way to invest if you ask me. It is bad practice to put all your money on one investment even if it is very promising like bitcoin. 30% is still very high for me because I can take only a very little risk. 10% every payday is enough investment to go to bitcoin for me.
1730  Economy / Speculation / Is this rumor enough to pull the price down? on: November 04, 2016, 09:34:58 AM
I say it can pull the price down momentarily, but not for long. Soon the price will push back up and we are going to the moon again. Once the restlessness settles and everyone realizes that it is not verified, then we can enjoy a very good price of bitcoin again.


https://bitkan.com/news/topic/25088
1731  Economy / Trading Discussion / Re: do you accept bitcoins in your business on: November 04, 2016, 09:27:00 AM

For me, I am not yet accepting bitcoin in my small business because i have a coin controlled pc using ordinary coin which is use in my country currency, but for the future plans i am looking on a way to apply this kind of payment of a coin pc net cafe into a bitcoin controlled internet pc service. This should be the easiest way to use a pc on public soon if we have this kind of bitcoin transactions.

This can be easily programmed, I think. Your main concern will be if there will be enough customers in your area that is willing to pay using bitcoin. You have to make a feasibility study first, if it is profitable to use bitcoin as payment scheme or just stay on using fiat coins.
1732  Economy / Trading Discussion / Re: Multiply my btc on: November 04, 2016, 07:02:40 AM
Avoid cloud mining sites, as when i was newbie i was scammed with them, turns out most of mining sites are very tricky, so whatever you will decide, be careful before invensting
Other than cloud mining, the list to avoid when we are considering to multiply our bitcoins is really very big. But, I'm afraid we are having very little options to multiply our bitcoins.

Honestly I'm not trying to multiply my bitcoins after experienced many scams attempts. I just earn bitcoin and save them. My bitcoins are not working for me to grow themselves.

It is quite frustrating if you repeatedly get scammed. But it is also frustrating if you do not learn your lessons after getting scammed. It seems investing does not work for you so I guess it is better for you to just hold your bitcoins. Maybe you can read and learn more about investing and trading, and maybe someday you can feel comfortable again to trade and invest.
1733  Economy / Trading Discussion / Re: Question!! What is the best signature campaign available? on: November 04, 2016, 06:35:55 AM
https://bitcointalk.org/index.php?topic=615953.0 - Full list of Signature campaign made by Mitchełł

For me the best is YoBit :

Fast and auto payouts directly to Your YoBit BTC wallet
Highest rates on btctalk forum
easy to join and stay.

As You can see im in also Smiley

Have a nice day

Yeah many members of this forum that i saw last time is also using yobit campaign. I also think that yobit is the best signature campaign that we can join because of it's being automatic.

Unfortunately yobit is not accepting new members right now. There are a lot of signature campaigns out there that pays well, you just have to go to the service section and look for them in there.
1734  Economy / Trading Discussion / Re: how can i safe from scamer members.. on: November 03, 2016, 03:55:56 PM
If they are sending messages to random users, most likey they are scammers looking for newbies as victims. If they can really be trusted, they will not have to do that to get referrals, customers will come to them.
1735  Economy / Speculation / Re: When do we cross the 1000 USD barrier? on: November 03, 2016, 10:52:22 AM
That is a very specific prediction. How did you come up with the date?

Honestly I do not care the date we cross the 1000 USD as long as I have enough bitcoin in my wallet when that time comes. I think we should not focus on when the price will get to that point. We should focus on making bitcoin better and having more of them bitcoin.
1736  Economy / Economics / Re: Tell me your predictions about Bitcoin on: November 03, 2016, 05:07:20 AM
It's not too late for us to invest in bitcoins even some newbies can still earn in bitcoin world. I'm also not interested before and make investment to it but when I saw my friend who offered bitcoin to me before is getting more money out of it. We're on the same journey now and believe that bitcoin will be here for us forever.


Yeah, it is never too late to invest on bitcoin. Even if the price is quite high right now, it is still profitable. The price will be way higher in the future. There are lots of activities and development going on that it is hard to see that it will fail. The future of bitcoin is bright, and it may last forever. So investing now is a good move.
1737  Economy / Economics / Re: What will happen if we use a one currency only? on: November 03, 2016, 04:58:28 AM
What do think if all nation use only a one currency?, What happen to our world?, What the effect of the nation's economy?, It can make people's start to work each other without competing others?Any opinion. Cheesy

It is not just right to use one currency all over the world. Each country have its own economic status and using a single currency is not possible because richer countries will not allow it.
1738  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: November 03, 2016, 04:49:42 AM
The bitcoin can become a global currency but its the question when this will happen and there still needs to happen a lot to accomplish this if you are asking me.
The bitcoin can gain more users and by that it can later accomplish this.

Bitcoin is already a global currency. It is being used in different countries and traded to different currencies. Nothing more can be more global than that. There are fewer bitcoin users that fiat users but it is still being used globally. So It is a global currency.
1739  Economy / Economics / Re: Spending Bitcoins on: November 03, 2016, 04:31:30 AM
There is not much merchandisers accepting bitcoin here in my country either. There is a site where I can pay bills using bitcoin here too but to use bitcoin on a daily basis is not yet possible. If grocery stores start accepting bitcoin as payment, then spending will be easier and maybe adoption will be faster.
1740  Economy / Speculation / Re: We are heading towards a new All Time High on: November 03, 2016, 04:23:26 AM
Bitcoin will soon crush the 778 peak from june 16, then after that sky will be the limit and we will head towards the new all time high. Shorts will burn hoping for a big crash that will not happen. If you are hoping to test 500-600 again you are wrong, time to get in on the winning boat.

Just the fact that ZCash was trading for such high amounts tells you how high Bitcoin will go (and for actual reasons, not some insane pump).

We are going $3,000 on this baby when crush the last ATH.

I do not know where you are getting the price but isn't 3000 too high too soon to dream. We have not broken ATH yet, so until we get passed that, then we can't state that price yet.
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