141
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Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
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on: August 29, 2017, 05:45:23 AM
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I dont think everyone will use bitcoin because we have 7 billion plus population in the whole world and if that happen for sure the price of bitcoin wil increase and possible to see hundreds thousands price per 1 bitcoin. I dont think fiat will destroy and replace by bitcoin. Because fiat for sure will not replace because fiat used for longterm but bitcoin we cant know how long they live in the online world.
I almost agree with this. No doubt, bitcoin and its poularity is really improving day by day but if we see the population of the whole world, more than seven billion people cannot use bitcoin. Firstly, there are many people who still don’t believe and try to understand anything about bitcoin. And I believe that in 2022 those people will be still there. Fiat money really can never disappear.
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142
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Economy / Gambling discussion / Re: When to leave the game?
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on: August 28, 2017, 11:38:10 PM
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Leave the game when you feel like the money you have increase a lot already because there’s a possibility that it will be vanished again for the next round on the time you don’t expect. Or leave when you lose repeatedly.
A person must leave the game when his instincts warn him and before every disaster we do get a bad feeling beforehand. Even if someone denies it, then like you said, flee away at the first spot after a guy has accumulated a good profit. Otherwise, there is a possibility to return to the starting point. Begin from zero again!
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143
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Economy / Gambling discussion / Re: How do you know whether its your lucky day?
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on: August 28, 2017, 11:33:46 PM
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In my opinion, it's not about weather it's your lucky day or not, it's about knowing when to make you make your smart move that makes you win. Random gambling could make you win some money, but usually you loose. They key to win is striking at the perfect moment.
Exactly, but that has to do with some inner instincts that drives us into placing certain bets that in a normal day we wouldn't. This is not a feeling we often get but if we does then it sure is our lucky day. I ask my guts first before really attempting any task. Our intuitions do keep us safe from many troubles. If we are out of luck, we have a bad feeling about it hours ago. Again, not everyone has a sharp six sense and neither many of us rely on it. I consider myself a lucky one...
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144
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Economy / Gambling discussion / Re: Can gambling be profitable in long term ?
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on: August 28, 2017, 11:29:57 PM
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If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
I don't think you can do that regularly on a casino. At least not on dice, slots, roulette etc You can do it in poker of course, but I guess that's the only casino game that has some strategy in it. I have also the same opinion. Poker can be won by using some famous strategies but dice and slots are totally unpredictable. Moreover, I didn't get what he meant by disciplined enough or following some rules. Gambling does not involve any rules for winning, at least none that I have heard of.
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145
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Economy / Gambling discussion / Re: What would you do with your winnings?
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on: August 28, 2017, 11:22:55 PM
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I don't want to be a professional gambler. I don't have the skill for it, and I don't think I would be able to handle the stress of not having a regular income. I play and bet with low stakes, and when I get some profit I just keep withdrawing and buy online stuff with it. If I got a huge amount I would do the same. Withdraw the money and buy stuff with it. I don't think I will ever try to increase my stakes.
Thats a good control and should really be maintained on that kind of mindset because this thing would really avoid you on getting addicted on gambling.Spending your winning would really depend on ones mind if they would decide to use it again on playing gambling or use it on buying some stuffs that they do like. We do have different minds and choices would really be different too. Limits must be put on any sort of action as excess of anything is fatal. However, this question has sort of hurt me. I have always gambled with the money which loss would not put me in any trouble but I only won thrice in my whole life and the money wasn't a big one. But if I would ever win a big amount, most probably I would establish my own business.
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146
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Economy / Gambling discussion / Re: Does experience matter in gambling?
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on: August 28, 2017, 11:16:30 PM
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I don't think so... Experiment matters in all the way but in Gambling, you can't be able to win any set without the favor of luck. I think Luck is the vital tool in this sector. but experience can help you to take a decision based on the previous history nothing else.
Of course previous history guides us in making correct and accurate predictions all the time especially those who are into sports betting and typically soccer. There are luck based games like dice which I can agree with you that experience does really matter if you want to be successful there but with sports betting among others you can determine a team who is motivated to win based on past records . You are right boy! Sports bet can be won by simply analyzing previous records and present passion of the team whereas some games especially dice is a total luck. You cannot predict anything. However, anything can happen anytime in sports also. You never know the future.
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147
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Economy / Gambling discussion / Re: If money would not be a problem, would you still gamble?
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on: August 28, 2017, 11:10:20 PM
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Yes, if money was not a problem for me, then I would spend much more time in gambling and this would probably make me much richer due to the increased number of chances of winning.
It can be the other way also. May be the ratio of your winning to losing remains the same! Let’s just say, you win 1 game out of 10 (bare with me) of 50 bucks daily. But now you have more money and plan to play 100 games a day. I don't think I further need to explain anything but Sorry for your loss...
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148
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Economy / Gambling discussion / Re: How can you determine whether you are addicted to gambling?
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on: August 28, 2017, 10:59:43 PM
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If a person can not live a day without gambling or can not stop and lose all the money, then it already clearly means that there is a serious dependence on this kind of entertainment.
You over did it a little bit. Nobody is gonna die if skips gambling for one day. However, if we say that he would keep on thinking about gambling on daily basis, then we won't be wrong. Definitely, he would be a gambling addict; a pure gambler soul would be residing inside him.
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149
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Bitcoin / Bitcoin Discussion / Re: What is BTC for you?
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on: August 27, 2017, 09:48:45 PM
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There are many who seek bitcoin for safety, along with its scarcity. So I think btc prices are higher
We all want bitcoins because it is a beautiful chance to make a cherished future. Bitcoins is just life! If we talk about its price, it is definitely going to grow with time and return ample profits to its holders. I seek BTcs for all the points it has. Anonymity, security, safety of life, freedom of control, all drives me crazy.
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150
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Bitcoin / Bitcoin Discussion / Re: regret by not believing in BITCOIN?
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on: August 27, 2017, 09:33:59 PM
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If I only knew bitcoin since 2009 I would not have been able to work at a restaurant that was a small salary, I've been working since college. I would not have had a hard time paying for school fees as well as my siblings. But it's not too late for us.So now I'm trying to learn a lot from bitcoin, when I'm earning a lot I can share them all I know in bitcoin.
If ever you had known about BTCs since 2009, believe me you would have not learnt the precious lessons of life. A coin has two sides. You should feel pride in yourself and a hard work always repay. Whatever happens, happens for our own goodness and why being disappointed when you can still get on the train? Stay blessed!
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151
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Bitcoin / Bitcoin Discussion / Re: How much risk in bitcoin investement ?
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on: August 27, 2017, 09:22:16 PM
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I just wanted to know that,what amount of risk is there in investing in bitcoins. Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.
It could happen. Yes, you know that no one is able to predict price movements in detail. If you invest long-term, I suggest you keep abreast of the news and rumors circulating to keep your investment safe. In this world of digital currencies, the prices always keep on fluctuating. It is the essence of crypto currencies. At times, the prices will decrease but that is the time where a person should try to grab more BTCs instead of worrying because I can bet on this, the prices will touch new heights within months. Saving BTCs today will give huge profits tomorrow.
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152
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Bitcoin / Bitcoin Discussion / Re: So much bad news. When will it end ?
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on: August 27, 2017, 09:09:38 PM
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There will be always some bad news but that doesn't necessarily mean that you should be concerned. There are also good news but bad news sells better. And if the price goes down, use the opportunity to buy more crypto. In the end, it will go higher (hopefully).
That's part, since there are pro btc and some were not. We were not contented that's why we always see something that needs to to develop which is good sometimes but have disadvantages when confilcts attained. Man never satisfies. What a poor nature we have got of condemning and criticizing the present situation and always wishing for something more glorious and worthy! Life is all about light and dark, other than that it has grey shade also. I will always stand by BTCs' side, no matter what the situation will be.
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153
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Bitcoin / Bitcoin Discussion / Re: Bitcoin sucks!
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on: August 27, 2017, 09:04:54 PM
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I have heard that BitPay could convert between BTC and local money on the spot. Have you tried it yet before completely abandoning Bitcoin?
That's right, Bitpay was a good one for this situation. Besides, bitcoin is not suck sucks dude, your just saying due to you had a bad experienced when you transact unto it. This fellow is just out of his mind. Blaming BTCs for your own mistakes and carelessness is such a cowardly act. Bitcoin has helped every single person who has ever invested in it. It is good to consider all the actions before babbling senseless crap about bitcoins, especially on this forum.
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154
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Economy / Economics / Re: Most people dont even know what this is yet.
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on: August 26, 2017, 11:08:28 PM
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It is true that currently only a few countries have legalized bitcoin, and not all people are willing to trade using bitcoins, perhaps by the time they are willing to accept payments using bitcoin and must have a big influence in the real world that first recognizes paper currency
The reason why they don’t accept bitcoin is that they don’t have enough knowledge about it or modern world. Those who still don’t know about bitcoin are pathetic. They don’t know key to be a millionaire. I think that is because they are illiterate and don’t stick to any knowledgeable material that give them knowledge about bitcoin or any other technology. But those people must be told about it.
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155
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Economy / Trading Discussion / Re: Does Bitcoin have a future?
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on: August 26, 2017, 10:53:59 PM
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Definitely bitcoin does a big potential or future.. Because as you can see the bitcoin price or value is getting high so meaning it is indemand nowadays..
There are many people saying that bitcoin doesn't have a future, I know all of them are wrong. The bitcoin today proving that it is the most strongest currency. I can say that bitcoin have a future. Yes that's right, bitcoin still has a future, even more so the high price currently gives a big boost that bitcoin will be increasingly in need in the future. So many projects with bitcoin platforms, so in the future there will be a place for bitcoin, where bitcoin will be searched by all business people. Bitcoins are for sure the future of the crypto world but also the fate of conventional currencies. The increasing value of bitcoins and their never ending demand are the guarantees of their bright future. I don’t think so bitcoins will ever be defeated by any other currency whether fiat or crypto. Conventional currencies will be unstable due to the high demand of bitcoins. As you all may know many countries have legislated the legality of bitcoins. So the bitcoins are prevailing and after a decade or so it will demolish the fiat currencies due to its so and so big usage and trading in markets. It will be beneficial for many and harmful for many so in different regard.
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156
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Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin cash a threat for bitcoin
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on: August 26, 2017, 10:49:40 PM
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Hello,
Since the fork we have a new coin very similar to bitcoin , do you think it is a threat to bitcoin? Now I have those bitcoin cash and i don't know what to do with them.
I don't have the technic gear to choose between both, and I feel bitcoin cash is taking bitcoin down am I right? It's taking a part of its market capitalization.
This topic has been discussed so many times, first of all its not even similar it's an alt, it's just stolen Bitcoin name and there is nothing else in it. I don't find it strong enough to take down Bitcoins, it will fade away very soon, i dont know about the prices but if you are getting a good price just sell it off, I don't think it's worth to keep it. Again and again the same discussion. Talking about its similarity, now way similar these both are. Bitcoin is being used by its users since it was created. The features of bitcoin are unmatchable. Fakes will remain fake whatever happens. They way, bitcoin came into everyone’s life and it took the online trading by storm, it is unbelievable that any other online currency will take its place. In my opinion, there is much to happen. So stay calm, and wait for the higher prices of bitcoin.
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157
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Economy / Speculation / Re: The price of bitcoin and where it's headed
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on: August 26, 2017, 10:31:02 PM
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I think to reach 5k the possibility is very large at the end of this year, given the current price of bitcoin has reached $ 4300-4400 and very reasonable if it can reach 5k for the next few months.
If we see few days back, the price of bitcoin was around 2000$ - 3000$. Now it has come upto around 4000 $. It is not confirmed that how it will vary in the future but looking at the worth variation through the previous days, it seems that it will reach to 5000$ somehow in the end of the year. Some people were saying in august that bitcoin’s worth will not increase rapidly but this is actually surprising to see the rapid change.
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158
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Economy / Economics / Re: Pump and dump is the name of the game.
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on: August 25, 2017, 10:30:26 PM
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Happening recently? It's been going on since the dawn of Bitcoin, so almost 10 years.
Exactly, the pump and dump have become like the basic fundamental of crypto currency. A new coin is created, people pump it until it reaches its saturation point and then dump it and the coin is dead within few months. But actually it's not too bad as most of these new cryptos are shit. yes you are right all the coins popularity depends upon its users, if they want to make coin become dead then they will make it dead if tycoons dump these coins, bitcoin is also depend upon it’s users, and I think bitcoin is most favorite of all it’s users and that is why bitcoin always pump. And yes you are right pump and dump are basic fundamentals and we have to play with these fundamental for bigger profit.
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159
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Economy / Economics / Re: bitcoin benefit of saving for a long time?
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on: August 25, 2017, 09:58:46 PM
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Bitcoin for a long time can bring a very fabulous profit because of its fantastic price increase, but in the short term you can make good money. In any case, this is a wonderful choice.
Yes bitcoin is always good for long term, but I suggest you to not hold bitcoin for many years, because bitcoin is meant to make your life happy, keep spending bitcoin so that you will full fill your dreams, like buying new car, partying etc. I do not hold my bitcoin longer than 6 months because after 6 months by investment become double then I spend my profit and place the rest as it is in my wallet.
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160
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Economy / Economics / Re: What is your best investment strategy?
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on: August 25, 2017, 09:53:18 PM
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Very simple, see the market and choose the coin. Buy it low and sell it quite higher, and repeat the same actions many times everyday. That is how you will earn profits in day trading. I'm doing this right now on Bittrex, and it really seems to work fine for me until now, and i hope it can generate some good profits for me in future when i will have a bigger capital for trading.
Well, buying low and selling high is a simple rule if you want to get into quick trades. However, it is not always the ideal choice as you can end up with less money than initially invested, if the coin you're trading plummets in value. There are some altcoins in the market, which have a constant pattern of rising in value, then declining back to their original levels. Usually, the altcoins which have these price movements are those with a very small market cap. This is what makes them extremely volatile, and if you take advantage of their volatility, then you could make good profits along the way. Nevertheless, you can use trading along with investing to devise your own strategies towards financial success. Just my thoughts diversification is good, it will decrease the percentage of risk on your investment, but the problem is that, it become so difficult to keep an eye on multiple things, if you keep working on one altcoin then you will be expert on it and you will never be loss. so try to stick with one cryptocurrency and get all the knowledge of it and then invest on it, I’m also doing the same thing, I stick with bitcoin and it never makes me loss my investment.
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