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9181  Economy / Economics / Re: If bitcoin price is $10.000, will fiat be worthless? on: January 20, 2017, 05:02:17 AM
Of course the fiat will be worthless and Nobody uses fiat anymore because Bitcoin will be a central digital currency we can purchase, make payment, do investing and trading without fiat .

Mate let's get real here. Fiat will never going to be worthless as long as the government is going to support paper money / fiat, it will always be worth it whatever is going to be the price of bitcoin. Even it will reach millions still the government is not going to gamble their financial system with a limited supply of bitcoin and decentralized one.
You can't change his decision as literally he does not understand how strong the fiat system is. All of us are using fiat despite the fact that we are supporting bitcoin, it must be put in our mind that bitcoin has it's limit and will never gonna surpass the power of the government.

Well we can't do about something on what he is believing but the government is really powerful and it is the one responsible for the things that we are availing and using in our country. But if there is going to be a chance that the government is going to see on how bitcoins potential is good enough then that is going to make bitcoins on the scene but still they won't give up fiat.
9182  Economy / Economics / Re: Spending Bitcoins on: January 20, 2017, 04:38:53 AM
i just recharge my mobile using bitcoins and no other option is available for me to buy any thing with bitcoin.Most of the retailers dont know about bitcoins.Even if they know, transaction time for bitcoin is more and they may not show interest in accepting bitcoins.
The same happens in my country there is not much to buy in my country with bitcoin, but there are a significant amount of digital products you can buy in the forum or in other places.

So we are almost the same usage on how we are spending in bitcoins that's why every time I want to spend bitcoins, I don't have choice but to sell it with fiat. And by that way I'm thinking that I'm spending bitcoins in terms of fiat money, because it originates from the bitcoins that I got to sell from the exchange but I hope that I can use it directly for buying things that I want.
9183  Economy / Economics / Re: What is your best investment strategy? on: January 19, 2017, 04:24:19 AM
My investment strategy is very simple. I only buy and hold. When the price is low, I buy more.

Day trading is not what I like to do, because I think frequent trading is more difficult to get succeed for my crypto investments.

This is the simplest type of investment strategy which is always been effective. Actually I did this and so far I hope that I can continue this type of strategy. I'm thinking to invest 5% of my monthly salary for bitcoin and I will just hold it and do nothing with it. Because its more profitable rather than depositing it into bank.
Do it constantly and you shall see the result in due time, your investment plan is very affordable since 5% is just a little percentage of our income. If you would ask me, I would do more than that or do a progressive method, you never know how much you can accumulate in the future.

Yes it might be little percentage with my monthly salary but still when there are times of needs that I need to spend it. I find that amount very big, but you are right if I can do it constantly then I will reap the harvest in no time. Thanks for the good words and I hope that I can manage to do this consistent monthly by investing with bitcoin.
9184  Economy / Economics / Re: If bitcoin price is $10.000, will fiat be worthless? on: January 19, 2017, 04:10:24 AM
Of course the fiat will be worthless and Nobody uses fiat anymore because Bitcoin will be a central digital currency we can purchase, make payment, do investing and trading without fiat .

Mate let's get real here. Fiat will never going to be worthless as long as the government is going to support paper money / fiat, it will always be worth it whatever is going to be the price of bitcoin. Even it will reach millions still the government is not going to gamble their financial system with a limited supply of bitcoin and decentralized one.
9185  Economy / Gambling / Re: BITDICE CASINO - 110BTC MAX WIN, MOST ADVANCED, SECURE, PACESETTER CASINO. on: January 19, 2017, 03:39:34 AM
So how does me submitting my documents make it legitimate that I'm won't be abusing the system ? Or makes me a less of a system abuser? To sum it up,asking documents from online gamblers who believe in anonymity is bad.I don't support it. Not derailing this thread anymore...

Agreed, proof of identity doesn't make anything more legitimate. I would be opposed to any gambling sites that require documents/identity information. In the case of BitDice, I don't think that adding an email to your account can be compared to requiring documents/identifying information. You can always setup a new email address if you wanted to still remain anonymous while having an email associated with your account.

Well yeah, when a gambling site is asking for documents just to verify its identity then what's the use of it if there are a lot of documents found by simply pressing google's search button. If comparing to adding email to our accounts with documents, I guess it is far from it. Unless the gambler sees it as a hassle thing to do. You are right with that, setting up new email can still make you anonymous, just don't use your main email.
9186  Economy / Gambling discussion / Re: do you can control your self when playing gambling? on: January 19, 2017, 03:18:49 AM
When I start gambling pre planned then I can have control on my gambling but if I just start gambling at the free time of me and do not plan from the beginning then I continue to gamble. But this do not happen mostly. I often plan from the start and so have control on me while gambling.
very honestly i have no control over my emotions while playing gambling

Yeah. too difficult to control whether you are winning or losing. As I have told before, emotions are the gamblers worst enemy...

It will always be our archenemy because its hard to be calm when we are in losing streak and we just keep on betting on rage like there's no tomorrow and craves to recover the losses that we got. And when the time of winning streak is coming, almost the same thing is happening we are comfortable that our winnings won't be gone easily.
Thats why it is very important to take advantage of the situation knowing when to stop from your limitation i guess we can hear millions of times coming from a different gamblers perceptions but in reality they always commit mistakes because of lack of self control.

Yes it is a need and a must that we should know when to stop and that's how we can manage to control our self from keep on gambling and losing a lot continuously. Just focus on your goal when you gamble but sometimes that goal can be abused by that gambler because as long as he is not getting decent amount of winning, he won't stop.
9187  Economy / Gambling discussion / Re: Gambling problem on: January 19, 2017, 02:56:02 AM
It's not that bad to gamble unless you are going to moderate it.

Almost everyone has a gambling problem, either they are addicted or not however alot of people keep on wanting to gamble when they have spare time or some money to spend . It is not bad of course however there is a risk in it that people might be addicted so dont even think that anyone could control their gambling habit
You make it sound as if everyone that gamble has some kind of gambling problem and that is not true, we can gamble responsibly without becoming addicted, in fact most people that gamble are able to control themselves, those that are addicted to gambling are just a minority.
Yes let's not generalize that most of the gamblers does have problem at all. There are gamblers who manage to gambler freely, because they have enough to gamble and it is not affecting their families with their habit or addiction. It just depends on the gambler on how he can take things very light and by setting priorities.
9188  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: January 18, 2017, 03:38:33 AM
Play in the casino for entertainment only. Otherwise play only when you can get the edge.

Yes this what we should do when we gamble but the fact that we can't remove the real reason why we gamble, is to have profit when we play. Most of us are really running for the profit that we might get when we gamble, there's no doubt about it. And for those people who are just gambling for entertainment are the ones who have financial freedom. Just gamble what you afford to lose and that's going to be considered as a smart move already.
That's true, having a financial freedom will let you enjoy gambling more. You will not be tempted to seek for the profit since you already have a lot of money to spend. Clearly we have different mentality and gambling is certainly for entertainment purposes only for smart thinkers.

Losing is part of the game but with lack of self control, we will just aggravate the situation that will let us do some desperate moves of chasing bets.

I wish that I am going to be that type of gambler which is not going to think about the problem of having no money at all. Also being a matured gambler is going to be a smart way when you gamble, just don't be a cry baby whenever you are losing some of your games and don't fall for it. It's just a trap to make you keep on betting again and again, if you do experience that then just stop.
9189  Economy / Gambling discussion / Re: do you can control your self when playing gambling? on: January 18, 2017, 03:21:08 AM
When I start gambling pre planned then I can have control on my gambling but if I just start gambling at the free time of me and do not plan from the beginning then I continue to gamble. But this do not happen mostly. I often plan from the start and so have control on me while gambling.
very honestly i have no control over my emotions while playing gambling

Yeah. too difficult to control whether you are winning or losing. As I have told before, emotions are the gamblers worst enemy...

It will always be our archenemy because its hard to be calm when we are in losing streak and we just keep on betting on rage like there's no tomorrow and craves to recover the losses that we got. And when the time of winning streak is coming, almost the same thing is happening we are comfortable that our winnings won't be gone easily.
9190  Other / Archival / Re: Which one is more risky? Skill-based gambling or trading? on: January 18, 2017, 03:04:59 AM
I used to be afraid of investing in the past, but if you make the right investment you can get a risk-free gain, you can double your money. I like investment.

In fact, there is no risk-free investment. All of the investments throughout the world whether it is with bitcoin or not, the risk are always there. And maybe you should take some investments seriously because it is your money that you are going to put and you need to manage it properly especially in trading, so that your afraid will somehow be removed.
9191  Economy / Economics / Re: How many Bitcoin do you have saved? on: January 18, 2017, 02:52:22 AM
I've saved 5 bitcoins right now and I have put them away for a long term so I will also not sell them soon.
Yes it is a good option because if you sell now maybe you still not get profit. I think not need for long term, because no one guarantee the price Will always go up. If the price reach $1,200, I recommend to sell all. And now I only have 3 btc that I save ini blockchain and xapo wallet.

That is a good move for you pal. It is what I'm doing also but for the amount of bitcoins that I have saved. I didn't manage to have as much as 1 bitcoin. I only have some few but still I wanting to keep on saving. I can't save on a daily basis because there are times that I need to cash it out for some purposes that I really need money but still I will make myself force to save a lot.

I also force myself to save money to buy more Bitcoin. But I regret that I did not sell them when the Bitcoin was 1000+

Don't worry, sooner or later bitcoin will again cross the 1000+ mark. given the volatility of current market anything could happen. So it prices keep on dropping, one could buys steps by step(small amount at time).  And if prices go up depending on preference sell btc for better margin. or purchase few more btc.s

I wish that it is going to land again with that $1,000 or even higher. I have been pushy to myself to keep on saving and as a matter of fact, when the price did fall, I didn't have the chance to buy also since my savings is not even enough or if I do have, there are some other priorities that I need to spend my money for.
I think all of use is wishing for the price to rise again that level. But since the price has fall a bit, we should not stop on this, we must continue to buy so we can add more on our investment. Do it for the future as what we see is still gonna be back again and even higher than that.

Who doesn't want to make the price land again to thousand bucks? It depends on your capacity if you can buy bitcoins, go buy a lot of it but as long you do have different source of getting bitcoin. You will be fine and you just need to make bitcoins as your spare money, not totally you are going to make it as your own wealth.

It does not always have the opportunity to use Bitcoin. Yet developed infrastructure. But, if I have free money, then I have them converted into Bitcoin.
Now I have almost 2 Bitcoins
Good to hear that you are saving bitcoin by buying it with your fiat and you are doing a good decision since bitcoin is really good as an investment since we know the price does increase in near future.For me I don't have too much bitcoin in my wallet now because im always using my bitcoin on my expenses.

Yes that's an advantage while you have a lot of spare money you can just simply a lot of bitcoins as long as you afford it. And right now the price is quite flooring at $827. So if he did bought it at lower price probably he do already had a profit upon saving his free money for buying bitcoin. I just hope that it is already end of the month so that I can buy some btc's now.
well why not buy now? maybe bitcoin will reach $1000  did you get a salary at the end of the month. advantage you have a lot money can benefit more though bitcoin only up 1% from the previous price.

Well the price now is quite still high and base on what I read from many traders here it is still high for many of us. However, the price is going to increase a little by little each day and no doubt that it is going to keep on increasing. And I can't buy now because I still don't have spare money for buying some of bitcoins right now even though I want to.
9192  Economy / Economics / Re: What is your best investment strategy? on: January 18, 2017, 02:15:00 AM
My investment strategy is very simple. I only buy and hold. When the price is low, I buy more.

Day trading is not what I like to do, because I think frequent trading is more difficult to get succeed for my crypto investments.

This is the simplest type of investment strategy which is always been effective. Actually I did this and so far I hope that I can continue this type of strategy. I'm thinking to invest 5% of my monthly salary for bitcoin and I will just hold it and do nothing with it. Because its more profitable rather than depositing it into bank.
9193  Economy / Gambling discussion / Re: Gambling problem on: January 18, 2017, 01:31:34 AM
It's not that bad to gamble unless you are going to moderate it.

Almost everyone has a gambling problem, either they are addicted or not however alot of people keep on wanting to gamble when they have spare time or some money to spend . It is not bad of course however there is a risk in it that people might be addicted so dont even think that anyone could control their gambling habit

And those people that wants to gamble with their spare time thinks that it will be productive to them and can generate money from it. But in reality it turns out to have another problem because of that spare time that we are allocating with gambling. That is the start of addiction by a gambler and as it goes on, it keeps on generating more personal problem.
9194  Economy / Gambling discussion / Re: 2016/17 NBA Season on: January 18, 2017, 12:56:42 AM
Golden state warriors should win the game easily. Cleveland Cavaliers is the final leg of a tough six-game series, though the last game was played with the Sacramento Kings, which is close to Oakland and has two days of relaxation, but as one of the oldest teams in the league this team will have a number of negative impacts.
They are stomping on LeBron's head and it's just the end of the first half. They are leading 78-49.
That is the most the Cavs have been in deficient in a game ever.
The Cavs will lost this game very easily and being the sixth game in a road trip does not help them just like the Raptors did when they lost last week in their final road game.

No doubt that Cavs will lose this game. It is now 84-49 and 2 more quarters left. I don't think that Cavs will able to get a comeback for having this big lead of Golden State Warriors. I can't believe that this two rival teams is not that close as many are expecting this game will be a close fight. But with what is happening now, too bad for Cavs.
Bad game for the cavaliers, they played very poor and was dominated by the warriors in this game. They are dominated in terms or rebounding and the ball moves very well for the warriors compared to the cavaliers. It's a very embarrassing game for the depending champ, warriors once again proven their dominance against the cavaliers in regular season games. It's a different story when this team will meet again in the Finals.

Yes, too bad for their team I don't know if they are really playing to give that gave to Golden State Warriors or they really played bad yesterday. Well they still have some games to play and their next match will be with Phoenix Suns. I'm pretty sure that they are going to make some comeback for this game as a revenge game.
9195  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: January 18, 2017, 12:37:50 AM
Play in the casino for entertainment only. Otherwise play only when you can get the edge.

Yes this what we should do when we gamble but the fact that we can't remove the real reason why we gamble, is to have profit when we play. Most of us are really running for the profit that we might get when we gamble, there's no doubt about it. And for those people who are just gambling for entertainment are the ones who have financial freedom. Just gamble what you afford to lose and that's going to be considered as a smart move already.
9196  Economy / Gambling discussion / Re: Worst mistake in gambling on: January 17, 2017, 02:58:47 AM
Never gamble while you are drunk!!! I think this is the worst mistake. You can loose easily your coins anyway, but when you drink, you make more reckless bets, and loose in no time. True story Cheesy

Yes I did this before and I really don't how did I manage to lose $1,000 in a single night in a casino. Because I went first to a party of my college friend. And after they are already planning to keep on hanging out and sometime in casino. I didn't knew that they don't have money at all and I was the one who lend them money and we all end up, going home early without nothing left in our pockets.
9197  Economy / Gambling discussion / Re: 2016/17 NBA Season on: January 17, 2017, 02:33:32 AM
Golden state warriors should win the game easily. Cleveland Cavaliers is the final leg of a tough six-game series, though the last game was played with the Sacramento Kings, which is close to Oakland and has two days of relaxation, but as one of the oldest teams in the league this team will have a number of negative impacts.
They are stomping on LeBron's head and it's just the end of the first half. They are leading 78-49.
That is the most the Cavs have been in deficient in a game ever.
The Cavs will lost this game very easily and being the sixth game in a road trip does not help them just like the Raptors did when they lost last week in their final road game.

No doubt that Cavs will lose this game. It is now 84-49 and 2 more quarters left. I don't think that Cavs will able to get a comeback for having this big lead of Golden State Warriors. I can't believe that this two rival teams is not that close as many are expecting this game will be a close fight. But with what is happening now, too bad for Cavs.
9198  Economy / Economics / Re: What is the best way to invest/grow your Bitcoins? on: January 17, 2017, 01:47:47 AM
You could try investing altcoins while in ICO it can make you profit if you get the right strategy. Altcoin trading is also risky you will need some knowledge about trading or else you will lose all your money.
I agree with you, invest in ICO is good. Some altcoin could be die, but if we minning altcoin then exchange it into bitcoin is profitable too. I think we need to learn and observe before we make an investment.
Many altcoins will die right after it have been born. if you want to have some profit from them, you must know when is the right time to sell all of them. At present, the Bircoin prices are still low so that I think holding bitcoin is the best way to obtain some pofit and due to this way, you can easily buy more Bitcoin from the profit

It depends on the alt coins that you are going to join. It's up to you on how you are spending your time on research and knowing the road map of that coin. ICO's are good to have good profit after investing but it's your responsibility to know that there are also ICO's that are turning to scam after wards and also some are just dying after it's launch.

I do not understand why take the risk and buy altcoins if you can earn good money with Bitcoin. Just buy and hold - it's a great investment

It's good to have some other investments, just like what other already know, that don't put two eggs at one basket. It's the same with investment in bitcoin, profit in holding is just for one time. Unlike if you are going to let your bitcoins roll on ICO's and trading with alt coins and sells it after seeing some profit, so you did got profit while holding.
9199  Economy / Economics / Re: How many Bitcoin do you have saved? on: January 17, 2017, 01:23:38 AM
I've saved 5 bitcoins right now and I have put them away for a long term so I will also not sell them soon.
Yes it is a good option because if you sell now maybe you still not get profit. I think not need for long term, because no one guarantee the price Will always go up. If the price reach $1,200, I recommend to sell all. And now I only have 3 btc that I save ini blockchain and xapo wallet.

That is a good move for you pal. It is what I'm doing also but for the amount of bitcoins that I have saved. I didn't manage to have as much as 1 bitcoin. I only have some few but still I wanting to keep on saving. I can't save on a daily basis because there are times that I need to cash it out for some purposes that I really need money but still I will make myself force to save a lot.

I also force myself to save money to buy more Bitcoin. But I regret that I did not sell them when the Bitcoin was 1000+

Don't worry, sooner or later bitcoin will again cross the 1000+ mark. given the volatility of current market anything could happen. So it prices keep on dropping, one could buys steps by step(small amount at time).  And if prices go up depending on preference sell btc for better margin. or purchase few more btc.s

I wish that it is going to land again with that $1,000 or even higher. I have been pushy to myself to keep on saving and as a matter of fact, when the price did fall, I didn't have the chance to buy also since my savings is not even enough or if I do have, there are some other priorities that I need to spend my money for.
I think all of use is wishing for the price to rise again that level. But since the price has fall a bit, we should not stop on this, we must continue to buy so we can add more on our investment. Do it for the future as what we see is still gonna be back again and even higher than that.

Who doesn't want to make the price land again to thousand bucks? It depends on your capacity if you can buy bitcoins, go buy a lot of it but as long you do have different source of getting bitcoin. You will be fine and you just need to make bitcoins as your spare money, not totally you are going to make it as your own wealth.

It does not always have the opportunity to use Bitcoin. Yet developed infrastructure. But, if I have free money, then I have them converted into Bitcoin.
Now I have almost 2 Bitcoins
Good to hear that you are saving bitcoin by buying it with your fiat and you are doing a good decision since bitcoin is really good as an investment since we know the price does increase in near future.For me I don't have too much bitcoin in my wallet now because im always using my bitcoin on my expenses.

Yes that's an advantage while you have a lot of spare money you can just simply a lot of bitcoins as long as you afford it. And right now the price is quite flooring at $827. So if he did bought it at lower price probably he do already had a profit upon saving his free money for buying bitcoin. I just hope that it is already end of the month so that I can buy some btc's now.
9200  Economy / Economics / Re: How many Bitcoin do you have saved? on: January 16, 2017, 05:26:49 AM
I've saved 5 bitcoins right now and I have put them away for a long term so I will also not sell them soon.
Yes it is a good option because if you sell now maybe you still not get profit. I think not need for long term, because no one guarantee the price Will always go up. If the price reach $1,200, I recommend to sell all. And now I only have 3 btc that I save ini blockchain and xapo wallet.

That is a good move for you pal. It is what I'm doing also but for the amount of bitcoins that I have saved. I didn't manage to have as much as 1 bitcoin. I only have some few but still I wanting to keep on saving. I can't save on a daily basis because there are times that I need to cash it out for some purposes that I really need money but still I will make myself force to save a lot.

I also force myself to save money to buy more Bitcoin. But I regret that I did not sell them when the Bitcoin was 1000+

Don't worry, sooner or later bitcoin will again cross the 1000+ mark. given the volatility of current market anything could happen. So it prices keep on dropping, one could buys steps by step(small amount at time).  And if prices go up depending on preference sell btc for better margin. or purchase few more btc.s

I wish that it is going to land again with that $1,000 or even higher. I have been pushy to myself to keep on saving and as a matter of fact, when the price did fall, I didn't have the chance to buy also since my savings is not even enough or if I do have, there are some other priorities that I need to spend my money for.
I think all of use is wishing for the price to rise again that level. But since the price has fall a bit, we should not stop on this, we must continue to buy so we can add more on our investment. Do it for the future as what we see is still gonna be back again and even higher than that.

Who doesn't want to make the price land again to thousand bucks? It depends on your capacity if you can buy bitcoins, go buy a lot of it but as long you do have different source of getting bitcoin. You will be fine and you just need to make bitcoins as your spare money, not totally you are going to make it as your own wealth.
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