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841  Other / Archival / Re: Which one is more risky? Skill-based gambling or trading? on: November 18, 2016, 03:25:08 PM
i think both have the same risky but you are not explain in trading, professional trading or just trading like others people which have new comer until middle skill? but if for trading you make for new comer person, then trading is more risky than skill-based gambling.

Second the motion, whether it is skill-based gambling or trading it will be just the same when it comes to the risk that we are taking.

Because trading is also a skill-based type of investment so that will make it a tie. And the only gambling game which is pure skill-based is sports betting.

Even you have good analyzing with the involved teams and matches still that is risky for we are not assured who will win that game.

I agree.. skill-based gambling and trading are both risky because there's always a money at stake and you have to predict what will be the outcome. But skill-based gambling like sports betting have more chance for you to win if you're really good at the game and know to analyze it the chances of winning is higher than doing it in trading.
842  Economy / Economics / Re: The future of the paper money on: November 17, 2016, 05:59:16 PM
the existence of paper money in the future will begin to decline and be replaced by digital money  Roll Eyes. payment transactions with a card, atm card and shopping. and also because paper money is less efficient if in large quantities. but it's still in the long term because of the profit they make money medium digital / electronic novelty of this period. Shocked

I beg to disagree.. the paper money will not ever replace even digital currencies. Its that’s not a concept most people can get their heads around, which has been Bitcoin’s great limitation. It might overcome that hurdle, or it might not. The only certainty is that money will keep evolving. If money represents value, and value is a reflection of our needs and desires, then money is simply a reflection of us. And it will continue to change as long as we do.

I really disagree with you as well the people does use their phones for almost everything, such fact made banks provide already several services that we can do from home with a phone, soo you believe the printed system will keep being the way of currencie, it will upgrade into digital world, when i dont know but it should happen, maybe another way to have something in hands.

It may be possible that physical money may not be available but considering those people who are located outside the metro which doesn't have a good knowledge in internet technology.. if those people will be educated and give a proper introduction about bitcoins well it's possible but it may take years or decades before it happen.
843  Economy / Economics / Re: Should I believe in Bitcoin ? on: November 17, 2016, 05:53:44 PM
I believe that it would be a good investment in the future even as it continues to increase and decrease, I think you'll regret not doing it but it's really up to you, if you believe that bitcoin will grow in value or remained stable , then you can invest in it.

I'm also thinking the same.. as far as I know bitcoin price may go down or go up and that's fine since I believe bitcoin can give me a good investment in return whether its for short or long term goals. 
844  Economy / Economics / Re: Bitcoin is Freedom on: November 17, 2016, 05:50:15 PM
ofcourse ,It is Freedom . With Bitcoin we ate free from tax and also limit of earning and saving without tax .
with bitcoin we are free to do deals to worldwide easily .

This is what bitcoin good benefits we have a freedom to transfer bitcoin without a tax paying service and buying online without asking for high fee..  unlike other payment processor like paypal that they are asking for high fee.. unlike bitcoin that even you are transacting high amount of bitcoin they are just asking for low fee.
Like few days ago i send 0.1 btc and i just pay i think 10cents or 20 cents in bitcoin..
But for now few merchant and stores are accepting bitcoin as payment and i hope more shops and stores are accepting bitcoin as payment so more people will choose bitcoin because of freedom and some other benefits..

I think it's getting started not for some stores or online shops to accept bitcoin payments. Here in my country little by little there are some shops online which they alreay accepting payments using bitcoins.. for me it's a good for us bitcoin users to have this kind of shops because it's giving us a freedom to purchase and that's tax-free and hassle free rather than going to actual shops to buy goods.
 
845  Economy / Economics / Re: Reason why you should Buy bitcoin now on: November 17, 2016, 05:45:29 PM
It is a good time now to buy bitcoin, in few years later many expert predict that bitcoin will reach 1000$ and so it will be great if you keep bitcoin as your investment, and many banking sector already aware of bitcoin existence, so in the future we will see more sector adapting bitcoin

That's quite true mate. Many of us believe that bitcoin value will reach a price of $1000 and that's possible as we can see on the trend in the market.. it's really good to invest by buying bitcoin for it will be more valuable for us till early next year just wait and see.
846  Economy / Economics / Re: Is it better to save money or invest it? on: November 17, 2016, 05:42:02 PM
Depends on your age.  If you are young you should diversify your investments and consider some high risk investments.  As you get older you should be more conservative with your investments and have lower risk.

That's a good point of view mate. When you are still young try to invest for a long term so that when you get older and retire you will have a good fortune in your hands in the future. You can also invest at the same time in bitcoins where you can invest in short or even long term.
847  Economy / Economics / Re: Best way for steady income on: November 17, 2016, 05:36:32 PM
There are a place where you can invest and dont need to do anything besides pray to users keep gambling, the bankroll of some casinos is something people are investing and getting good returns into the process, sure make own project related to bitcoin would be safety but there is no way to say that it will be a sucess or used.

Yeah this is a sample of good investment but there's always a risk. You can earn more but expect also that you may get only few and sometimes nothing. It just depends on the casinos where you put up your investments.. just make sure that these sites are reputable and giving a good investment in return.

848  Economy / Economics / Re: If bitcoin price is $10.000, will fiat be worthless? on: November 17, 2016, 05:31:30 PM
No it won't be worthless because bitcoin is just an alternative payment system no matter how its price rises. It won't take over paper money unless we enter an age where cryptocurrencies are the main money we used.



Indeed mate. Fiat cannot be replaced by bitcoins for now since most people are using Fiat.. bitcoins is an alternative source for investment so it's value is still depends on USD. Price of bitcoins may go down or go up but it will not replace Fiat.
849  Economy / Economics / Re: Do you Still believe in Fiat? on: November 17, 2016, 04:37:58 PM
Crypto will definitely replace fiat 20 -30 years from now. I am not saying this because I want to make profit, I've been observing the trends.

Wow that's a good observation. Yeah it may take these years to replace it.. but before it happens definitely bitcoins should be introduced worldwide and all people in the world should be using cryptocurrency including people who are located in remote areas such as mountains or islands.. that is why it's really hard to tell if this is going to happen because it will take a lot of work.
850  Economy / Economics / Re: Tell me your predictions about Bitcoin on: November 17, 2016, 04:33:12 PM
I think it will rise until $1,000 each Bitcoin. The supply of bitcoin cannot match the demand of it. It will just rise because of the law of supply and demand.

The demand for Bitcoin is growing every day. And that is why it is more expensive. I think that it is easy to cross the mark of $ 1,000 later this year or early 2017

I'm also thinking of it that the bitcoin price might go up to $1000 this year or early next year. And this would a good news for us in bitcoin community so we can invest more using our bitcoins.

851  Economy / Economics / Re: Bitcoin Price Jumps on Trump Victory on: November 17, 2016, 03:38:14 PM
The media around the world made people think that the Trump's presidency is almost like the end of the world or at least the end of the USA. Since many people not only in the USA but in other world too were keeping their savings in USD they have started exchanging it on a more promising currency. And right now we have $742 which looks good to me. )

If that were the case, we would see the US dollar index go down dramatically. On the contrary, it has been on the rise recently, and right now it is exactly at 100.01. I don't think many people are actually exchanging dollars to bitcoins, it looks more like money from stock markets is running into safe havens of which dollar is best while bitcoin is only second best.

Yeah both bitcoins and stocks are looking great.. I don't think that this has something to do with Trump's Victory.. but if this is the main reason well that's a good a news for us because we will see the price of bitcoin will really go up constantly.
852  Economy / Economics / Re: panic selling on: November 17, 2016, 03:31:23 PM
Those panic sellers just looking for profits, the price reached $700 and I thought they have been planned to sell their coins at that price.
However, the price increasing so good today and we will reach $800 soon, and they will going sell coins again, lol.
i think the definition of panic sellers are those traders who getting easily baited by troller and when the price of some coin which they were invested falling even just a little,they're blindly selling to avoid losing even though it make the condition of the market even worse,if they're selling when the price just reached the highest or because the price were high enough,it's definitely not a panic sellers but a sellers who take advantages of the situation
They do because they lack knowledge and they just follow what the people are saying, when you are a matured trader you wish to see a panic selling so the weak hands will dump and you have now the opportunity to buy cheap bitcoins.

Yes you are right there mate.. they will lured out by troller giving false info about the price so traders will sell all of their coins even if the price is too low just to make a money out of it.  but sometimes the price of the coins goes other way around.
853  Economy / Economics / Re: Loans too risky? on: November 17, 2016, 03:21:17 PM
Lending is a good business yes but you should keep in mind that not all loaners will pay even with a good collateral sometimes they just leave their collateral to the lender because they really does not want to pay. Here in Bitcointalk most of the loaner gives Bitcointalk account as a collateral, it is a good collateral as long as they signed the message incase they don't pay you can easily sell those accounts. But again as a lender you should prepare yourself for an event wherein loaners will not pay you.

Indeed mate.. It's a risky to have a lending business.. I agree most of lenders don't really have a plan to pay you especially if the loans too big. These are the common factors that will let your business drop and the problem is that once they run away you can't do anything to get your money back.
854  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: November 17, 2016, 03:15:21 PM
I don't know anything about replacing it but I'm sure more people will come to know bitcoin and use it but never can bitcoin actually replace dollar because 90% of world's wealth depends on dollar.

You are right with it, we may think that it is really impossible to replace dollar by bitcoin and many thinks bitcoin is still too young.

But with the worlds economy I don't think this will be easy for bitcoin to replace a very old currency that has being dependent to its subordinates.

And many are supporting dollar so this will be hard for bitcoin to make it happen.

I totally agree some people really think that bitcoin will replace dollar. for me, it's not possible since USD.. bitcoin price relies on dollars and without it bitcoin will lose it's value.
855  Economy / Economics / Re: If you were in desperate need for money.... on: November 17, 2016, 03:09:27 PM
If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.
Signature campaign , we dont need to invest much just join in campaignsthat your account is capable of. And try to higher the rank.
it's good if you only in desperate of a little amount of money, if that's is only BTC0.01 then it would be easy for you to get that in signature campaign but if it's bigger than that they you have need to have at least a regular job I guess so in times of trouble you will be able to borrow money and they will trust you.

If you're really that desperate in need of big money well definitely sig campaign would not cover your needs especially in emergency situation.. it's better for us to have save as early as now so we can have funds in the future just in case of emergency.. otherwise we can try to loans.
856  Economy / Economics / Re: Bitcoin worth to you or not... on: November 17, 2016, 03:00:29 PM
Bitcoin absolutely worth to me. I have bought many bitcoins and used them since 2015 and i find it very effective and useful in many ways. Thanks to bitcoin, i can send money abroad in only a blink of an eye.
Testimony from a happy and satisfied user, actually you are right, the transaction is very fast with bitcoin and not only that because it's not only a currency but you can also consider it as an investment. I understand we have different approach in getting the benefits with bitcoin but what matters is it's all worth to us.

I think majority of bitcoins users are very satisfied user and I truly agree bitcoin really help me a lot. Supporting my finances in a daily/weekly basis. I'm really happy and satisfied using my bitcoins and looking forward to invest more in the future.
857  Economy / Economics / Re: The dream of getting rich with bitcoins on: November 17, 2016, 02:55:54 PM
Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.

How much money did you earn with bitcoins? Or did you lose some?
My total earnings are 1BTC. Yet, some altcoins I bought was scammed, took to lost .5BTC. Now, I am coping to get higher profit but with more reviews on decisions that I will make.

Wow that's good for a newbie.. getting 1btc for a start and that's too bad you lost that big amount. Just be aware of the sites that are not legit which might lose all of your earnings.
858  Economy / Economics / Re: possible government regulations? on: November 16, 2016, 05:01:51 AM
No I do not think there will be any regulations to be honest because its something they cannot forbid and its also becoming bigger and bigger and its good for the economy in my eyes.

Yeah it's true that bitcoin community is getting bigger everyday and we are also hopijg that no government will interfere with us otherwise there will be such a lot of changes and maybe even our freedom in bitcoin will taken away.
859  Economy / Economics / Re: USD vs BTC on: November 16, 2016, 04:58:46 AM
No, it is not. USD is more popular than bitcoin. It's been more than 100 years since the Dollar rule the world. Currently, on this planet, there are still many countries using USD which is subsidized by the America during their hardest time such as Cambodia, Haiti, etc. Bitcoin is a new currency and it needs more time to develop and attract people attention. And surprisingly, with only 8 years, Bitcoin has been well-known and has been accepted on many marketplaces including Steam, one of the largest online gaming platform. Therefore, in my opinion, 20 years later, bitcoin will be an important part of this world which is mostly used by people on earth and even aliens ( if they were exist)


Yes, I agree, US dollars was more popular than bitcoins. Maybe Bitcoins was already known by lots of people but still US dollar is more popular, It is the currency most used in international transactions and is the world's primary reserve currency. maybe years later, bitcoins will reach the popularity of USD but for now still USD is the international money that many people honor.

I agree with you mate. USD is really popular that even other rich countries uses USD as their standards when it comes to their currency value. Bitcoins will still remain and more people will join bitcoin community but it will not be that much famous compared to USD.
860  Economy / Speculation / Re: I will not Die Untill Bitcoin will reach at Least 50K on: November 16, 2016, 04:54:24 AM
I doubt bitcoin will reach anything above 10k on the next 5 years, but i may be wrong something i really doubt that will happen, but would be a dream to be see bitcoin at such values.

We can't predict that price either, I just really don't if the price will able to make it $1,000 today because thinking that bitcoin will reach at least $50,000 is really hard to achieve. And if that will not happen then op will not die and he will be alive for so many years. This type of condition is really wreck less just like selling your own soul for 1 BTC = $50,000.
Bitcoin  price is litle bit more stable now,  becouse bitcoin spreading is getting better and better. I guess bitcoin circulation and spreading is good in 2100. I am still believe that bitcoin price will reach 50k but it will take long time.

Hope that it will go even higher till it reaches 50k its too good to be true when that happen.. but I guess it will take a lot of years and maybe we are no longer in this world when that happen.
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