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9261  Economy / Economics / Re: How a cashless society could kill Bitcoin. on: December 31, 2016, 11:16:42 AM
If the government came out today and declared that Bitcoin cannot be accepted as legal tender for purchases, I believe Bitcoin would find a way. It would find a way only because of the anonymity that today's cash affords people. Cash is the lovely bridge that people use in turning their Bitcoins into value.

Even though there are news that are coming out since the past years that cashless society will be implemented soon with the use of microchips. I bet it that the government will ban bitcoin. There are a lot of financial experts that will volunteer to have sometime to give detailed explanation to the countries that are going to do it so. And instead, they don't have to make their own digitized currency they can simply adopt bitcoin so I believe that bitcoin will not be killed easily because of it.

I think government would rather create their own digital currency than adopting bitcoin. Government are not dumb to handover its Country's economy to Bitcoin whales.  It is the same as giving your country;s fate in foreigners hand.  This is one big problem why bitcoin is struggling to be adopted by any government.  Aside from that, government would favor cashless society because of the control the government always wanted.  And mostly the one stated by Chris4210x
Government will not going to waste their effort creating a new digital currency but just digitalize what they've owned so it's like dollar have its digital form just like bitcoin in internet and i'm sure that it's already happening if you look at some webmoney that having balance in form of those currencies which were owned by the government
That is unlikely to happen since bitcoin has been a big help in each country and it is still in process and would take many years before it happens. However, if that happens there would still ways for bitcoin to still exist. I know that time bitcoin is already well developed.


Seeing everyone's opinion is a good summing up each contents that is possible to happen. I understand the fact that you are not seeing government's adoption of bitcoin because of its decentralization and so called control by the whales. But talking about its ability to make our lives easier as technology is, bitcoin does what it takes to be adopted that the government needs to study its potential.
Even us users do really saw the potential of bitcoin regarding on its benefits and convenience but government wouldnt still convince them to use or adopt it because they know already that they cant able to control it therefore they would surely create their own replica into bitcoin and im assure it would spread fast because its being regulated and people who dont know bitcoin will directly believe into it.

They can however, create a modified version of bitcoins where it is centralized but has all the great features of bitcoins like the blockchain. The ultimate end of it all is that there would be a digital currency that would replace fiat. It is just a matter of time before it happens. Governments will adopt an electronic financial systems that will be smarter and better than fiat or even bitcoins.

This is better I guess when the government will create their very own modified bitcoins, but how they are going to call it? It will be 'modified btc' just to give credit for where all the credits and idea came from? And also making it centralized will be good for them so that they can have full control for everything, also they can just reproduce it.
9262  Economy / Gambling discussion / Re: Do you care about bonuses on btc casino ? on: December 31, 2016, 10:53:04 AM
Do you care about the bonuses casino offers or play regularly and spotaneously without look at it like me ?

Yes when I was still a newbie gambler and only if that is not requiring some sort of headache's before you can claim those bonus. But since I am becoming that mature in the gambling industry, most of the time I am not caring about this anymore. What matters most is the way I gamble with a certain gambling site and its service that it gives, I guess bonuses are good for those starters base on my exp.
9263  Bitcoin / Bitcoin Discussion / Re: how strong is bitcoin really? on: December 31, 2016, 10:37:20 AM
Bitcoin already become cyber space gold. It is the de facto standard for cyber cash. It has large adoptions and is going to all domains. I'd expect bitcoin to hit $2000 in a year or two.
As the economy of bitcoin is becoming stronger, we must also ensure that our wallets are very secure so the moment we will decide to cash out with a big profit, we will be able to realize our dreams. We cannot stop what is happening now, it seems like people are really coming in and they are creating demand which dictates the price go to up consistently.
Indeed, the price of the bitcoin has got this far because people are able to hold their BTC and wait and be patient.

This price has brought a lot of people with it and that will create a huge demand on it so the longer we hold the more the price gets higher and higher, so for us as a community we have to be aware of that and how we must manage our balances.

Is it really useful to hold and wait till the price grows, and what's next? It makes sense to wait indefinitely long if you mined your stash of bitcoins when Bitcoin was worth next to nothing. In that case, you basically lose nothing, only paper profits. But holding for better prices when you bought the coins at $900 can be suicidal. Just imagine that the price goes down a few hundred dollars and stays there for a few years. Are you ready to wait that long?

Yes, buying at the $900 is a suicidal move. But I guess many of us here has been holding bitcoins since then and once the price is kinda acceptable and good to sell, then we will just simply sell it. Maybe there are some people or whales who are holding a lot of bitcoins for their life and I don't know how it has something to do with bitcoins strength.
9264  Economy / Marketplace / Re: Is "tipping" worth? on: December 31, 2016, 10:04:46 AM
People who are giving products and services for BTC "tipping" nowadays, is it truly worth for You?

I read that "tipping" does not work anymore because people prefer to download and then never tip even if they are nevertheless satisfied with the product. Also, I know that is why alot of people are selling their products for a hilariously low price because even selling for that price is said to be better than trusting in tips.

Well it depends on your satisfaction, there are people who are doing this, that even the product / service they got for free is satisfying they won't really mind even to say thanks and as well as tipping. But didn't you know that there is a new word that has been used for the replacement of 'tipping'? Many open source sites that are offering free services have their very own 'donate' button.
9265  Economy / Economics / Re: How a cashless society could kill Bitcoin. on: December 31, 2016, 09:48:34 AM
If the government came out today and declared that Bitcoin cannot be accepted as legal tender for purchases, I believe Bitcoin would find a way. It would find a way only because of the anonymity that today's cash affords people. Cash is the lovely bridge that people use in turning their Bitcoins into value.

Even though there are news that are coming out since the past years that cashless society will be implemented soon with the use of microchips. I bet it that the government will ban bitcoin. There are a lot of financial experts that will volunteer to have sometime to give detailed explanation to the countries that are going to do it so. And instead, they don't have to make their own digitized currency they can simply adopt bitcoin so I believe that bitcoin will not be killed easily because of it.

I think government would rather create their own digital currency than adopting bitcoin. Government are not dumb to handover its Country's economy to Bitcoin whales.  It is the same as giving your country;s fate in foreigners hand.  This is one big problem why bitcoin is struggling to be adopted by any government.  Aside from that, government would favor cashless society because of the control the government always wanted.  And mostly the one stated by Chris4210x
Government will not going to waste their effort creating a new digital currency but just digitalize what they've owned so it's like dollar have its digital form just like bitcoin in internet and i'm sure that it's already happening if you look at some webmoney that having balance in form of those currencies which were owned by the government
That is unlikely to happen since bitcoin has been a big help in each country and it is still in process and would take many years before it happens. However, if that happens there would still ways for bitcoin to still exist. I know that time bitcoin is already well developed.


Seeing everyone's opinion is a good summing up each contents that is possible to happen. I understand the fact that you are not seeing government's adoption of bitcoin because of its decentralization and so called control by the whales. But talking about its ability to make our lives easier as technology is, bitcoin does what it takes to be adopted that the government needs to study its potential.
9266  Economy / Gambling discussion / Re: How to control greed on gambling? on: December 30, 2016, 10:38:49 AM
As I remember there ever ask this question, it is not easy to control when you gamble greed, especially when you are winning of course you will have a sense of want to get more.
I have the ability to control my greed while gambling Smiley why ? Because I only consider gambling as a game so that in general, I play it for fun. If I ever win in gambling, I will stop and withdraw all the money in order to have the capital for my next day of gambling. Gambling is fun but it will not be fun anymore if you are addicted to it

It can be easy to say but it is not that easy to do for those people who are actually greedy enough whether they gamble or not. The reality is that there are a lot of people who are having hard time to control their greediness even they are just treating gambling as a fun activity, still the desire of winning some good amount and taking home big amount is in them which is making it harder to control.
9267  Economy / Marketplace / Re: How can we encourage local businesses to accept BTC? on: December 30, 2016, 10:27:50 AM
encouraging local businesses to accept not only bitcoin but some other worthy cryptocurrency seems not to be so hard nowadays, it is due to the innovations and the influence of the information technology and the help it will bring to everyday's life.
for someone who can show the advantage of the information technology, he or she can easily encourage the business owner to accept or use bitcoin into his or her business.

If you are talking about innovations and technology, I guess that is going to be an advantage and good front liner for those local business that wants to adopt modern technology. Since everything has been now improving by means of tech, its going to be an easy thing if you are going to explain how bitcoin and crypto's are working that can help their business to boost, locally, globally and online.
It would really be helpful and you are right business nowadays and their owners are already aware regarding on the tech that is being developed on this era and we could say that they could easily understand if we tend to explain to them about bitcoin but the big question is the adoption of bitcoin on the place on where those businesses located.

That's why it is not going to be hard enough especially if you have enough knowledge in bitcoin even the simplest one. And you just need to explain what is bitcoin, how to obtain and use bitcoin. That is a very easy thing, the only problem is that we know that businessmen are not interested if there is no user in his place except from you.
9268  Economy / Investor-based games / Re: confused a bit in cloud mining on: December 30, 2016, 10:16:54 AM
Everyone has warned you here about the true nature of cloud mining. And the best thing to do is just remove your interest in cloud mining and focus on some other types of investments that are going to give you true too be good return after you will invest. Try to study alt coin trading and as well as investing in bankroll casino's, they're both good.
9269  Economy / Economics / Re: How a cashless society could kill Bitcoin. on: December 30, 2016, 09:46:46 AM
If the government came out today and declared that Bitcoin cannot be accepted as legal tender for purchases, I believe Bitcoin would find a way. It would find a way only because of the anonymity that today's cash affords people. Cash is the lovely bridge that people use in turning their Bitcoins into value.

Even though there are news that are coming out since the past years that cashless society will be implemented soon with the use of microchips. I bet it that the government will ban bitcoin. There are a lot of financial experts that will volunteer to have sometime to give detailed explanation to the countries that are going to do it so. And instead, they don't have to make their own digitized currency they can simply adopt bitcoin so I believe that bitcoin will not be killed easily because of it.
9270  Economy / Gambling / Re: BITDICE CASINO - 100BTC MAX WIN, WAGERING CONTEST! 1ST PRIZE 1 BTC ENDS JAN 2ND on: December 30, 2016, 09:26:10 AM
If someone has the ability to penetrate tight security probably it is almost impossible for him to penetrate a gambling site as there are far other exchange sites that store more users funds.

That's why bitdice security is not that easy to penetrate and look at their thread https://bitcointalk.org/index.php?topic=1706900.0 who are looking for those hackers whether they are white,black or gray. And that why gambling with bitdice is a lot more secured for the funds of its customers are truly safe and can't be bypass by any intruder.

Thank you for Your trust in BitDice! As everyone can see the funds are safe in the casino, now the only chance players need to take is come and try to win!

Our Wager contest is going strong: https://bitcointalk.org/index.php?topic=1725263.0
Just a few more days till the winners will be revealed! Remember guys there is a lot of BTC up for grabs.


So head over to www.BITDICE.me and give Your luck a chance!

No sir but thank you for giving us a good gambling experience with bitdice and for everything. And I can't wait now to see those lucky gamblers who are going to be included on that list. There are still enough time to be one of the most roller in the whole casino. Good luck to those people who are going to be revealed as winners.
9271  Economy / Gambling / Re: BITDICE CASINO - 100BTC MAX WIN, WAGERING CONTEST! 1ST PRIZE 1 BTC ENDS JAN 2ND on: December 29, 2016, 11:09:13 AM
If someone has the ability to penetrate tight security probably it is almost impossible for him to penetrate a gambling site as there are far other exchange sites that store more users funds.

That's why bitdice security is not that easy to penetrate and look at their thread https://bitcointalk.org/index.php?topic=1706900.0 who are looking for those hackers whether they are white,black or gray. And that why gambling with bitdice is a lot more secured for the funds of its customers are truly safe and can't be bypass by any intruder.
9272  Economy / Marketplace / Re: How can we encourage local businesses to accept BTC? on: December 29, 2016, 10:48:17 AM
encouraging local businesses to accept not only bitcoin but some other worthy cryptocurrency seems not to be so hard nowadays, it is due to the innovations and the influence of the information technology and the help it will bring to everyday's life.
for someone who can show the advantage of the information technology, he or she can easily encourage the business owner to accept or use bitcoin into his or her business.

If you are talking about innovations and technology, I guess that is going to be an advantage and good front liner for those local business that wants to adopt modern technology. Since everything has been now improving by means of tech, its going to be an easy thing if you are going to explain how bitcoin and crypto's are working that can help their business to boost, locally, globally and online.
9273  Economy / Gambling discussion / Re: How to Turn Gambling into a Profitable Activity on: December 29, 2016, 10:16:35 AM
The risk is really high if you are going to make gambling as a profitable activity and I was thinking about only one thing that you are able to make gambling as profitable thing without any investment involved.
You mean to say only if we are able to gamble without any investment then only we will get chances to be in profitable in gambling activities?

I agree with this point as I am a gambler, always looking for free giveaways and fauctes to make use of them for my gambling. Many times I may not have enough time to make them to grow till payout threshold. But, entertainment is completely guaranteed for free of cost.

I also agree that the only way gambling is a profitable activity is only if there are free giveways and faucets so you don't lose your money. People must understand that gambling is a fun activity and someone have not compare it with trading.

We can't blame those gamblers that are treating gambling as one of their source of income. It can be but they are doing it the wrong way because keep on gambling again and again. And as they do it repeatedly, more chance of losing is very possible to happen to them and that's not gambling really what is for. This is just more profitable to the owners of gambling sites.
9274  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: December 29, 2016, 10:01:28 AM
And with your strategy of using faucet claims for your bets that a good way to experience gambling just to have fun and if ever you win then that's totally luck.

If you are not gambling with your own money then you cant really call it as a gamble . It is more like playing for fun where you have nothing to lose at all. The risk that you endured when you gamble is actually the fun of it, the feeling of afraid to lose it is what drives you mad to gamble for profit

It is still gambling because you are wagering money and it doesn't mean just because the money you are gambling is not yours, it is not called gamble? The gambling site doesn't really care whether you will gamble with your own money, borrowed or from giveaways. As long as you are betting to them and you have a chance to win or lose, that's gambling.
Unless you are not expecting any win with the money that is not yours, you do not call it gambling but rather a donation. But who the hell would donate their money in a gambling sites, they are already rich and getting more richer, I guess a person to be called as  gambler must first understand the basic definition of gambling.

Even you will expect or not to win with that money that you got for free as long as you are wagering it. That is still considered as gambling, there are people who are let's say 'donating' their money in gambling sites but that is in the form of entertainment. They mostly gambling for fun only and they don't care whether they lose as long as they enjoy.
9275  Economy / Economics / Re: Bitcoin can not replace fiat on: December 29, 2016, 09:48:16 AM
Yes, of course, as long as the country's central bank still had of course not possible fiat money may be replace. of course the country is very necessary to regulate and control the finances of the State in full.

And the only possible way that bitcoin will ever replace fiat is only when the government of a certain country is going to implement bitcoin as their total currency. But that is hard to believe that it will happen because of bitcoins decentralization, it may not happen now but still there are a lot of things that we need to wait and so we just need to stay tune.
I know it's always hard to believe , but bitcoin always break it out
For example when people have no faith in bitcoin because of the price dropped to the lowest
People think there is no way for bitcoin to bounce back and reach the highest price , but bitcoin always did it bounce back 100%!
So in this case too, people hard to believe if then bitcoin can replace fiat ,i know it harf to accept but i still believe it can happened not now but in the future like 50 or 100 years?

Well anything is possible as you said because of those examples that you have given but the fact that it is only possible to be used legally for your country if your government allows to. But replacing it totally and completely is really hard to believe but who knows what is going to happen with that time frame because of technology too there is a small chance.
Just don't expect the government will allow it to happen, it's a conflict of interest so they will not help us to grow that big that their currency will be at risk.

I'm in the state of my mind that having doubts and believe in this thing. I believe somehow because there are some other countries already that are studying about this crypto and minds to start some investment and total adoption for it. And doubt because of the decentralization of it, also here in my country the government thinks that bitcoin is just use for illegal things.
9276  Economy / Marketplace / Re: How to make 1 bitcoin in a month or 2? on: December 28, 2016, 03:43:49 AM
Do different kind of ways to earn bitcoins and don't just stick one. If you have a high rank account then you can try joining signature campaign which will pay you bitcoin and use that amount to invest on something that will give you passive income and somehow if you do this frequently then you will just amaze of your earnings every month.

And those investments like trading, bankroll casino's are good enough to give you decent income but you must have also big amount of investment before you are able to earn some decent amount ranging 1-2 BTC for a month. I would say that if you are aiming that high amount of bitcoin it is better if you are going to look for some other ways of earning aside from bitcoin.
9277  Economy / Economics / Re: Bitcoin can not replace fiat on: December 28, 2016, 03:29:05 AM
Yes, of course, as long as the country's central bank still had of course not possible fiat money may be replace. of course the country is very necessary to regulate and control the finances of the State in full.

And the only possible way that bitcoin will ever replace fiat is only when the government of a certain country is going to implement bitcoin as their total currency. But that is hard to believe that it will happen because of bitcoins decentralization, it may not happen now but still there are a lot of things that we need to wait and so we just need to stay tune.
I know it's always hard to believe , but bitcoin always break it out
For example when people have no faith in bitcoin because of the price dropped to the lowest
People think there is no way for bitcoin to bounce back and reach the highest price , but bitcoin always did it bounce back 100%!
So in this case too, people hard to believe if then bitcoin can replace fiat ,i know it harf to accept but i still believe it can happened not now but in the future like 50 or 100 years?

Well anything is possible as you said because of those examples that you have given but the fact that it is only possible to be used legally for your country if your government allows to. But replacing it totally and completely is really hard to believe but who knows what is going to happen with that time frame because of technology too there is a small chance.
9278  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: December 28, 2016, 03:17:44 AM
And with your strategy of using faucet claims for your bets that a good way to experience gambling just to have fun and if ever you win then that's totally luck.

If you are not gambling with your own money then you cant really call it as a gamble . It is more like playing for fun where you have nothing to lose at all. The risk that you endured when you gamble is actually the fun of it, the feeling of afraid to lose it is what drives you mad to gamble for profit

It is still gambling because you are wagering money and it doesn't mean just because the money you are gambling is not yours, it is not called gamble? The gambling site doesn't really care whether you will gamble with your own money, borrowed or from giveaways. As long as you are betting to them and you have a chance to win or lose, that's gambling.
9279  Economy / Economics / Re: Worst bitcoin decision you've ever made? on: December 28, 2016, 03:04:43 AM
Oh yes, I forgot to include that after collecting we need to spend that so that we are able to help the adoption and demand of bitcoin. And with those people who are holding bitcoins right now, I think they are not truly holding all of their coins. It is not that bad to keep on collecting because we know that it is also important to use bitcoin to keep us motivated and to see the fruits of our hard work.

It is up to the big holders to step in and help with the Bitcoin adoption. Someone holding BTC5 or BTC10 can't be expected to take the same responsibility as someone else holding BTC10,000 in his wallet.

Yes you are right with it those people who are able to hold thousands of bitcoin are the one can truly help in whole but whether you are holding low quantity or high of bitcoins still you can do the help. By the way, I just admire those people who are able to hold 10,000+ volume of bitcoin they didn't really made any worst decision for holding those coins.
9280  Economy / Gambling discussion / Re: How to Turn Gambling into a Profitable Activity on: December 28, 2016, 02:53:48 AM
The risk is really high if you are going to make gambling as a profitable activity and I was thinking about only one thing that you are able to make gambling as profitable thing without any investment involved.
You mean to say only if we are able to gamble without any investment then only we will get chances to be in profitable in gambling activities?

I agree with this point as I am a gambler, always looking for free giveaways and fauctes to make use of them for my gambling. Many times I may not have enough time to make them to grow till payout threshold. But, entertainment is completely guaranteed for free of cost.

That's one of the point because you are not even risking your own money and every time you are going to gamble those free money and giveaways that you'll get is going to be your major investment together with your time. But of course there are some gamblers that are totally making gambling as a real job since they afford to invest and to lose any amount.
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