It's becoming more real each new day, very possible to do this using Crypto Currency, but investments like this involves lots of money and you need to deal only with trusted people, what is hard here as everyone is anonymous...
We are not talking about an investment you start with 0.001 BTC, we are talking about an investment which involves billions of satoshis.
It's possible to start by looking for a good land, a cheap place to buy and build some houses (I like the idea about a place where people go on holidays, vacations and weekends). But it's not easy, without interesting activities and offers nobody will rent houses if there isn't activities to do and nice places to visit.
Another option is to just buy the land, build the house and sell it... But you must choose a good location where people will want to live, not a criminal neighborhod or something like that.
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Easy to answer: Because the rich countrie's people are brave, have intelect and values to choose their leaders and will fight for their rights if necessary.
Poor countries have weak people, acting like mercenaries for any money, unable to think bigger, to think for the common convenience (thinking only in themselves). This results in corrupt leaders, dirty cities, misery and chaos.
Let's argue for a bit. Do you believe a country is rich, because its citizens are brave and smart? Compare some of the richest Arab countries like UAE and Kuwait to Some poorer ones like Algeria. All of them are in the Arab league, all of them have vast natural resources mainly oil and natural gas, all are inhabited by people of similar culture and religion. Does the difference in wealth really come from the weakness of the people? Is that why in one of them people drive ferraris and in the other they rarely drive cars at all? I don't have enough informations about the arabian countries to say why one or another are better than the rest. But I can assure you the wealth these countries show are just illusion and most people don't have access to ferraris or any other luxuous items. I don't know how people live there, if they have a decent life, if they are happy... Anyway, I'm sure the difference in wealth comes from weakness of people.
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$1M Bitcoin prediction isn't realistic, because it's a very exaggerated price tot think now. There is a big distance between $1800 and $1M. It can happen, but no way to say why this will happen and when it will happen. People are dreaming about it...
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I don't think there is any physical shop in my country that accepts bitcoin as a mode of payment and even I haven't see any local sites that have an option to pay with bitcoins as bitcoin is still not popular in my country and not many are aware about yet but hopefully things will change in coming years.
Who starts a business like this will make a nice profit. But there are some issues... Like, when someone buy a cloth, he will set a transaction and send, but if this person sends a low fee transaction it may couldn't complete, the money would back to the buyer wallet and the clothes seller would be scammed. That is a good reason to don't use Bitcoin as payment method in clothes stores yet. It can only work by selling to trusted people you know won't scam you.
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Just another team looking for money for their ICO, this is a more formulated project, translated... But it's something strange, without real reasons to exist, I would stay away from this, I'm not a fan of ICOs, most of them look fake to me and untrustworthy, just people looking for money without real promises to pay back. Just my opinion... Maybe someone can convince me the opposite yet.
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Bitcoin already reached to its full capacity, if Bitcoin wants more adopters, the medium fee price must reduce as before or the big scale adoption won't happen, I agree with OP. As I see Bitcoin is to be used to buy anything, and how it's now it can be used only as speculative currency which you hold for a long time to sell once and enjoy the profit from it. Bitcoin is money and money is used to buy things, a candy or a plane.
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Last updated 11 months, 3 weeks ago.
not sure how this thread is related to service discussion though
It was normal, showing all the followers (more than 13.000), I don't know why it's showing 11 months ago if few weeks ago it was Ok and this audit is being used by campaign managers to check my twitter. I think Twitter Audit is a service, and this is a discussion about that, no?
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I believe you are a Bitcoin gambler when you start exchaging fiat to Bitcoin very often, always thinking about spend it gambling, when you spend a lot of your time on gambling sites and see your browser show you the gambling sites on the first page when you open it.
When you are always looking for informations about online casinos accepting Bitcoin, strategies and methods to win, different gambling games...
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I would hold the Bitcoins for a while or I would invest it in a casino bankroll. Choosing a good trusted casino with many active players all day long you can make your money grow really fast. You don't need to worry about people don't paying you back like in lending, you don't need to stay online everyday to follow your progress. It's very simple and worthful.
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Hey. I was just wondering to myself, do you guys believe that online casinos are totally legit, or do you also believe that some of them are rigging outcomes. One of the reason I prefer to bet on sports and not on dice games or at online casinos is that I can't actually know if the casino is paying me as they should, or they tell me that I lost while I was supposed to be a winner.
Does the small house edge(compared to sports betting) worth the chance of the casino rigging the outcomes, making you lose sometimes while you were supposed to be the winner?
Some of them are rigged, those who don't present provably fair system. The house edge doesn't mean the casino is rigged, it means the house has more chances to win on long term while the gamblers have less chances. You know about it and if you play, you are risking your money aware about the risks. It's just a question of time when you will start losing, but it always happen... Even on legit casinos.
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Easy to answer: Because the rich countrie's people are brave, have intelect and values to choose their leaders and will fight for their rights if necessary.
Poor countries have weak people, acting like mercenaries for any money, unable to think bigger, to think for the common convenience (thinking only in themselves). This results in corrupt leaders, dirty cities, misery and chaos.
Another important factor is demographics. In rich countries like Japan and Germany, the couples normally have only one or two children. But in the developed world (especially South Asia and Sub Saharan Africa), they produce children in the dozens. Yes, I don't understand why people have dozens of children if they don't have conditions to give a decent life to them, it's a bit of ignorance and fear to don't have who take care of them when they reach to the oldest age. If poor people had only one or two children they could have a more confortable life and give more attention to their children, educating them, teaching them, playing with them...
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Easy to answer: Because the rich countrie's people are brave, have intelect and values to choose their leaders and will fight for their rights if necessary.
Poor countries have weak people, acting like mercenaries for any money, unable to think bigger, to think for the common convenience (thinking only in themselves). This results in corrupt leaders, dirty cities, misery and chaos.
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I think that wouldn't happen it most countries cause mostly those media corporations are controlled by their centralized governments and some of those governments hates a decentralized currency that is bitcoin. So why help it to grow even more instead they will have advertisement's about how great their banks.
Most of the television channels aren't controlled by the government. Where there is free speech right the channels have autonomy and right to say and promote what they want (since it's not anything shady). Governments can't forbid it. The case you say only happen in dictatorial countries like Venezuela, North Korea, Cuba and any other leftist paradise. Since the advertiser has money, the television channel will make the ads appear without problems. The question here is, who would give money to promote BTC on television?
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As the BTC price is fluctuating a lot these days (rising), do you think your altcoin investments worth even giving a higher percentage profit weekly?
What is the most worthful currency investment for you?
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The possibility of hacking to any gambling website is always there. But, these gambling site has mitigation plan if these ever hacking incident happens and they have network security experts to handle these. They have this contingency plan since planning time and we wish that they are always on alert when some parameters are triggered.
I just hope the sites security technology is always one step forward from the hackers technology... Anyway, we can't trust 100% on security measures of the sites and the casinos know about it, so they can't store all their money in one place. Also, if the bankroll the casino hold online isn't so big and worthful for hacker attacks, the hackers won't have interest on it, decreasing the hack chance.
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Aren't you liking how the BTC price is rising since it was created? So why do we need Bitcoin legalized by countries? Do you really think it would bring benefits?
I don't think so... Legalization brings regulamentations that bring extra rules when using the currency. You already have an idea about it by looking Coinbase, Xapo and any other regulamented service. It's the end of your pseudo anonymously, it's the end of the decentralized advantages we have at this moment. I hope countries don't interfer in BTC usage.
Its already legal on Japan and it affected its price so much that holder didn't thought it could go up to $1800 this early. If it could be legal to a number of countries specially China, we'd all be seeing a good amount of cash even when you just have few btc in your wallet. Yes, but and about the "collateral effects"? It became legal, but won't they ask anything back? Like wallets (Coinbase for an example), they didn't charge fees by sending transactions there, but they didn't allow you to send money to gambling sites, and depending some other sites were forbidden too. And there is the Sportsbet too (regulated), they watch gamblers balances, withdraws: If you withdraw an amount bigger than X (I think 20 BTCs) you need to show ID and all related things... Good to see that the price increased, I just worry about what comes next...
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