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8461  Alternate cryptocurrencies / Altcoin Discussion / Re: Switzerland and cryptocurrency on: January 18, 2017, 03:28:52 PM
Do you trust the home of banking to be the new home of cryptocurrency?

Is this be a good thing for the future of cryptocurrency or will this just ensure that the banking system continues to control currency?

cryptocurrency is different than banking system and if the bank want to adopt the blockchain technology then the bank should learn first about the technology so they can apply with their system and this is the only way to integrated with blockchain technology because the each system of the technologies really not same between one with another.
8462  Alternate cryptocurrencies / Altcoin Discussion / Re: Where can we find top 10 cryptocurrencies base on marketcap? on: January 18, 2017, 03:23:59 PM
I have searched a number of sites from google but I found different coins listed on different websites.

Can you show me a place where we can find the ranking of crypto currencies (including bitcoin) base on their marketplace?
I know that bitcoin is at first place but want to know about others.

here's the place to look for
https://coinmarketcap.com/

i think coinmarketcap is more recommended than other sites, for me i always take a look in that sites and see what is the top ten of crypto currency and what is the trend so i can follow the price and buying the coins if i am interesting. but its a good option if there is another site to compare between coinmarketcap and other sites so we know how much the difference.
8463  Economy / Economics / Re: Difference of Trading and Investing? on: January 18, 2017, 03:07:44 PM
Guys sorry for this question above but I would like to ask here that

What is the difference of Trading to Investing?

though I know that I can search it in google but I want an answer from those people who have already experienced this two.
Thank you.

I hope you can help me in my confusion..


its different description because trading is something that we are doing with watching and make analysis about the trend of the market and investing is something that we want to make our money more grow than we have. i think i am doing well with trading and investing although the final result, my profit is not big as the other.
8464  Economy / Economics / Re: What is the best way to invest/grow your Bitcoins? on: January 18, 2017, 03:04:51 PM
i think we can make invest with the house of gambling because as far as i know, the house have big chance to winning much of money and if we make invest with them, i think we can make our bitcoins grow more than we have but instead we should consider about the risk.
8465  Economy / Trading Discussion / Re: how to set everything up for trading on: January 18, 2017, 02:57:55 PM
hey there,

im pretty new to the bitcoin world and would like to start altcoin trading. I am well aware of the risks and i am only going to invest money i can afford to lose. I have a few basic questions, just to make sure i understood everything correctly.

From what i have learned so far, the first thing i need is a bitcoin wallet. I then purchase bitcoins there and transfer them to a bitcoin trading platform. If i want to pause my trading and just hold my bitcoin, i just transfer them back to my wallet. Is that correct, or am i missing something here?

Also, i am from Europe (Austria). What would you suggest are my best options for a bitcoin wallet and trading platform?

Thanks in advance  Smiley

yes it is correct to purchase bitcoin from many source. then after its arrive in your btc wallet in exchanges, then you can do trading btc-altcoins. you can pause your trading or cancel your trading and hold your bitcoin. my suggestion is like other members, its better to safe your bitcoin in your computer or your smartphone because we need to keep our bitcoin safe from attacker. i think after you have your bitcoin, send it into the other wallet in your computer or your smartphone then send it directly into btc wallet exchanges for doing trading.
8466  Economy / Trading Discussion / Re: Taxation on the alts on: January 18, 2017, 02:53:16 PM
Hey

How do you calculate taxes on alt-coins bought and sold with Bitcoin? For example if i bought 10 bitcoins worth of Monero, and monero rose 10% and i decides to sell for that extra bitcoin, how does that become taxed? Furthermore if/when i decide to sell the 11 bitcoin i now have for fiat, how might that be taxed? Thank you in advance.

i don't know how to calculate tax on altcoins and then sold with bitcoin. i think its different from one exchanges with other exchanges. the fee they applied is related with the volume average of all coins, but i don't know what is the calculation.
8467  Bitcoin / Bitcoin Discussion / Re: Bitcoin Attraction on: January 18, 2017, 02:50:21 PM
What attracts you towards bitcoin?
I'm asking this because it could be different from person to person. Different people may like different aspects of bitcoin. So what do you like the most about it?

Bitcoin attracts me because of the opportunity to earn money and the fact that the price is unstable. i like investing in it and earn. one more thing is you have control where you want to spend it and also tax free.

thats happen to me too and i think this is the reason for me to getting search about bitcoin info from many places, but for other people, maybe they have their opinion about bitcoin attraction and what is their reason to getting involve in bitcoin industry.
8468  Bitcoin / Bitcoin Discussion / Re: How much would you have now if you bought btc instead of your first smartphone? on: January 18, 2017, 02:48:27 PM
i think its almost 0.4 btc because my smartphone is about $400 or more so if i buy btc rathen than to buy smartphone, i have more than 0.4 btc but fortunately, now i have my first smartphone which is oppo smartphone.
8469  Economy / Gambling discussion / Re: Is Sports Betting for You? on: January 18, 2017, 02:43:58 PM
i don't know because i am not make a bet in sports betting in many times although i enjoy with the games, i think maybe yes and no. and beside that i think i am not fans in one or two type of gambling so i can not determine sports betting is for me or not.
8470  Economy / Gambling discussion / Re: If money would not be a problem, would you still gamble? on: January 18, 2017, 02:40:03 PM
I am just wondering if you still would gamble if you would have enough money? I mean, now as it is, do you gamble for the fun or for the profit?

I am doing Sports gambling as a job , i am a local predator for the cricket matches for my friends circle, and i earn a hand some of money from it, apart from that i myself bet on the matches through bitcoins. so even i am earning good and i am well settled still i do this as now this is my profession.

you must make good earning in a week or monthly, right? its a good job for you and i guess you have much of info about sporting so you do sports betting as your job.

still playing gambling when we have money is another thing that we can do because we don't have to think about how to earn more money, and we can enjoy the games without worried if we getting loss.
8471  Economy / Trading Discussion / Re: You only lose if... on: January 17, 2017, 02:06:14 AM
You Sell.  Wink


You only lose if you sell for a loss, if you sell for a profit then you can wait to buy again for a lower price and keep on winning since at some point you need to sell to materialize your profits.

it is what we should do in trading and many of us will advice that we need to buy low and sell high, but the reality, if someone is stuck in high price, then that person is getting panic when he watch that the price is down. and the only that person think is selling the bitcoin rather than he wait for another increasing price.
8472  Bitcoin / Legal / Re: Money laundering via BTC on: January 17, 2017, 01:30:21 AM
I think that money laundering would be a little easier if more people used Bitcoin.

Cool

This is very likely, everyone will use bitcoin for money laundering. but with prices down like this, certainly they thought of canceling if saving money in bitcoin.
Maybe a criminal could be waiting but it could be for different reason, if a criminal wanted to launder his money then why not obtain a profit in the process? So, the criminal buys now when the price is low and waits until the next rise in price, that way he launders his money and obtains even more money in the process.

maybe they do this without anybody know because if they buy bitcoin with third party or not, the other people don't know where the money come from and being used for what, but if they already have bitcoin then its easy to them to sell the amount when the bitcoin price is high. i believe that there is money laundering via btc, because we can not know what kind of transaction that being used by many people in outside.
8473  Bitcoin / Bitcoin Discussion / Re: Daily use of bitcoin? on: January 17, 2017, 01:24:36 AM
Hi friends,

As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?

I guess it was not a problem, I also had to buy credits. Though still in the 0 confirmation but was immediately sent to my number. Similarly with Starbuck I guess. But with the record we have to make the transaction with a reasonable fee. Thank you

its good for you because although there is 0 confirmation, the credits is sent to your number so you can use the credits to buy coffee. i think while there is 0 confirmation, the transaction soon will be completed and we don't need to worried for this, maybe need hours to complete but the amount is still arrive in the wallets.
8474  Economy / Gambling discussion / Re: Be careful of winning on Bitsler on: January 17, 2017, 01:17:05 AM
i think for the OP and another gamblers will need to think on how much we can spend in the gambling industry so if one bad thing is happen like the OP, we are not get sadly or regret or anything else for what we've done. but i think if you really curious with your problem, you need to ask this with the owner in private and try to solve the problem.
8475  Economy / Gambling discussion / Re: Bitcoin price and gambling on: January 17, 2017, 01:11:19 AM
Hello,

We all see how big is going to be Bitcoin again but personally I am thinking how the bitcoin price is affecting the market of gambling?

Cheers
If i am a very big gambler, and i bet everyday making profit or losing, I dont really care if the bitcoin price go high or low. I will not stop gambling because i did not gamble because of the bitcoin's price. I gambled because I want to earn some and I want to get some, I want to have fun. Even if the bitcoin's price drop to a $200 price, i think gamblers will never stop gambling, they really don't care.

yes i am agree with that, every gamblers don't think about the bitcoin price and they still playing gambling whenever bitcoin price is high or low. bitcoin price and gambling is not related, which mean if bitcoin price is high or low, its not affecting with the market of gambling.
8476  Economy / Services / Re: INCREASED PAYOUT(7/13) ۩۞۩ secondstrade.com ★signature campaign★upto0.00041/post on: January 16, 2017, 07:28:26 AM

i confirm that i am receive the payments and waiting for completed confirmations. thank you for the payment secondstrade.com.
8477  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN] Official Launch Of PumpMyCoin Community on: January 15, 2017, 02:42:12 AM
did the 5000 members is count by the list of the vote? if yes, then i think its need more participants because i see on the list, each of the coins is not much and far from 5000. i am curious by the end of the vote and the pump is ready to pump the winner of the vote. i will stand by in yobit.

btw, i already sign in and give my vote.
8478  Economy / Economics / Re: Was Bitcoin actually just a Pump and Dump? on: January 15, 2017, 02:24:33 AM
Bitcoin is not just a pump n dump coin. it's true decentralized currency

agree with you, its more like supply and demand from the market and from the people itself, if people wants to make investment in bitcoin then they will buy bitcoin and hold it or they can sell and buy again to earn more. maybe pump and dump is happen if the big players that have much of bitcoin wants to makes the price is up or down so they can leverage the price, but i don't know the truth.
8479  Economy / Gambling discussion / Re: How to quit Gambling for good? on: January 15, 2017, 02:20:19 AM
Gambling too got some goodness, so rather than quitting it's better to have certain fixed limits and do gambling. When we have fixed spending on gambling we won't get addicted. This gets you the chances of winning at least small amounts.
For me, to have a chance to win in gambling is to bet small amount in every game, so that you can lessen your losses and you can also play several times in gambling.

But if you are doing that in a daily basis and that is not resulting into a good one for you. You should just stop with it already so that you can make yourself stay safe from worst case scenarios. Remember that all things comes from small, even on how we are consistent on betting with small amount. Chances are big that there will be a time that you will still bet big.

When you make bets or gamble with small amounts regularly if won often then it won't affect the person in terms of earning as well loss. When loss is experienced bigger than win soon the user tends to increase the betting value to gain the entire loss. When this too fails addiction is the result.

and if they do this then they could be hard to quit from gambling as they only want to gain the entire loss and beside that, the other effect that they can get is they become addicting in gambling and if this is happen, its more hard to quit from gambling.
8480  Economy / Gambling discussion / Re: Gambling should be considered as a Sickness!! on: January 15, 2017, 02:17:22 AM
Gambling is risky game of money from which most people lose and just a few wins. Gambling too is addictive and fun especially when you're winning and that's why most people can't get away from gambling once they get in it.
In gambling you only win from the start then you lose whenever you win a certain amount.

Gambling is always not a better option to play any time of gambling, because there are less chances where we cannot make much profits in gambling, even many people have thought we can make some profits with little investment but it is always wrong. Out of 100 chances the possibility is 2 r 5% so don't risk your money.
but still we cannot consider it as sickness, because it depend on your gambling strategy, if you are playing gambling without any planning then you can consider it as sickness but if someone is playing gambling with some strategy and good planing then we cannot consider it as sickness.

agree with you but i think its still not sickness because sickness is like disease and its need medicine to cure. and gambling is not sickness but maybe a bad activity if we are doing this all day long and using all of our money without we are doing another work. if we are use strategy to playing gambling and we do it all day long then its not good too.
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