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1061  Bitcoin / Bitcoin Discussion / Re: bitcoin cannot replace currency in the world because price is not stable on: September 26, 2017, 09:57:07 AM
A day will come where everybody will own Bitcoin (or at least 90% of society). After you get everybody onboard it will be difficult to manipulate the price like that. Bitcoin will become more stable and people will be less scared of it.

With the current price swing of bitcoins going at least below $1000 in just a matter of hours due to China pronouncement to close exchange rates to some big financial institutions that handle big investment with fiat money saying that bitcoin is a big bubble comparing to tulip investment, it can only be less  affected by these manipulations and inside trading through regulations (government regulations to be exact) but this is really not the main goal of bitcoin in the first place. Hence, it will be each investor call whether or not to hold or sell their bitcoins..
It is kinda OA to say that the price of bitcoin seems to go down at least to 1,000 USD because of the announcement of the chinese government to completely banned the bitcoin and the bitcoin exchanges in their country but if you are a true bitcoin believer then you can easily get used to that kind of price swings in bitcoin because at the end of the day, it will go up again and it will give profit to us easily.
If you are in bitcoin the only thing you can do is to get used to the movements of the market, the market is not going to get any less volatile any time soon and it may be argued we are headed for even greater volatility since it is obvious that when the hard fork planned in November by the miners happens that the volatility is going to increase, some will want to buy bitcoin to get in the airdrop while some will sell and get altcoins instead.

Every hard fork is always a good opportunity to a skilled trader. That said trader will going to buy when people are scared and selling their coins and then that trader will sell the coin when everything stabilizes and when people are starting to get greedy.
1062  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: September 26, 2017, 12:50:24 AM
Every good invention may have a down side. Even if it doesn't, people have a way of inventing evil and these are the people who will debase the good in the project. Bitcoin is a good concept and most users utilize it for the right reasons.

you are right mate. also, it is hard to put down a good project especially if there are number of people using, investing, and loving it. those people that want bitcoin down badly may have some personal agenda of buying bitcoin when it goes down.
1063  Economy / Gambling discussion / Re: How to quit Gambling for good? on: September 25, 2017, 04:24:24 PM
How does one Put down Gambling for good?

Just need to find another fascinating occupation because of which there simply will not be time and desire to play gambling again. I went into the analysis in the trade and I lost time for the game.

It takes more than that. If it is just so easy, there wont be a need to setup counselling center for gambling addicts. There wont be so much social resources to help these people. Family support, social supports, friends support are very important and it cannot be done without any of those for those serious addiction.
i agree , it is never easy to decide and completely quit gambling . even when you have a strong desire to have an exit way from gambling , it should be done properly to make sure your gambling illness won't relapse again and again .

and that is actually the important thing from quit gambling purpose.
it is not easy at all but if you are determined enough to get out of this sick game, you can discuss it with your friends and family so that they can help you in quitting this game. Whenever you have craved to gamble, tell them so that they can keep you busy in other activities.
yes a lot of supports from people that close enough to you will really helpful to make everything run smoothly as you expected to quit gambling. a lot of encourages here and there could speed up your proccess to exit gambling forever.

especially when you have a professional gambling addiction healer, that is what you need the most.

loved ones and members of your family is really the right persons to help you overcome with your gambling addiction because they are not really after any in return but are doing or helping out of love as one family.
1064  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: September 25, 2017, 04:22:34 PM
I'm gambling for fun. At first I considered them as a variant of earnings, but then I realized that you can only lose money and not get pleasure from it. Profit can be obtained only when investing in gambling.

Depends if what game are you playing. If your playing card games, most players get the fun they wanted even if the results are not always in their favor.

That's why I always gamble on sports because I make money and at the same time have fun when my team wins. It's best if you gamble solely for the profit than for fun because you can easily quit the gambling and still have all the fun.

sports betting can be really fun and entertaining especially if you know very well the game and is familiar with almost all if not all members of the team as well as the coaching staff. you need to make it sure that the team you are betting have well-conditioned team players and there is no any injury of star players.
1065  Economy / Gambling discussion / Re: Trading vs Gambling on: September 25, 2017, 04:20:35 PM
But occasional trading also annoying, because if has floating minus long enough. So must be patient waiting to make profit even for only 5%. While in gambling, it looks so easy to reach 5%. but just sometimes.

That just sometimes is the key factor in gambling. It looks easy but you're not sure whether you can reach that 5% target or not in gambling. But in trading, if you do some research before investing than you will get a chance to reach that 5% profit range but it may take some time to reach your target profit. Money making always takes time and there are not instant options to earn profits without risking your money.


Correct. But again investing on trades can be a lot painful if shit happens. Well shit happens most of the time, just like what happened to doge. It went from 25-100+ sats back to 25sats a coin. What a bummer


Indeed mate.. that happened to me once and it really hurts for losing a big amount of money in trading. So now I'm always careful when putting money in trading and same goes with gambling I always make sure that I'm always in control.

Being in control in everything you do makes it easier to be profitable although, having randomness in some of what we do make it exciting and thrilling. You may say I'm a dreamer, but I am not the only one who seeks excitement in life.
You are not the only one who do seek excitement on life but most people for sure. Everything should be in control so that we wont able to make excess engagement with it which would really result into negative.Regarding on the topic i would say that trading is less riskier compared on gambling since we can able to learn the proper ways on how to trade to increase our chances on having a profitable trades unlike on gambling which is solely dependent on luck alone.

there are gambling that are not based on pure luck like poker and sports betting. yes, I agree that it is really less riskier to trade than to gamble but there is a caveat there: you need to do your homework and learn the skill of trading especially the cryptocurrency trading..
1066  Economy / Trading Discussion / Re: When do YOU sell? on: September 25, 2017, 04:17:06 PM
I will soon sell when the price has gone up do not wait anymore because the price in the market can go down is not clear, and when the price drops it must quickly buy back in more quantities. then we can get more profit.
The important thing is that we can benefit when we sell Bitcoin. Because whatever the condition as long as we can get a profit margin then selling is a wise choice in my opinion. Due to the current uncertain situation we can not determine the direction of the bitcoin price movement. Prices may increase and may also decline rapidly. So it's better to take the safe way and also not to take risks.


that is right. I think with the recent fast moving or volatility of bitcoin prices, it is ideal to just target just a small percentage of gains like 3-5% because this way, you can easily achieve this and can be saved once the coin's price goes hard low after just a slight increase.
1067  Other / Off-topic / Re: Would you give bitcoin as a wedding gift? on: September 25, 2017, 04:14:41 PM
Why not? I mean, if you can give to the newly wed then why not? As long as they can have a bitcoin wallet, maybe this will be the best gift. But if I will give bitcoin as a wedding gift, I will not give 1btc, I will just give around .02 btc. lol. That is enough to give. That is also a good amount when converted in fiat.  Grin

.02 is kind of small as a wedding gigt..lol however, you can buy any physical gift out of .02btc that can be a very nice wedding present for your friends that are having a wedding. but if you really decide to give a bitcoin, .2 - 1 btc is fair enough.
1068  Economy / Economics / Re: Bitcoin or gold? on: September 25, 2017, 04:11:30 PM
I would say why not both everything have there pros and cons, there is no guarantee that after 10 years there will be bitcoin or not but it is definitely sure that there will be gold by seeing the old reports and will continue to effect the market. So I would advice if you want to invest, then invest 70% of the money in Gold and rest in 30% in bitcoin because the price of gold will definitely rise and if you loose money in Bitcoins that can be recovered by the interest of gold price but if the price of bitcoin goes up you can buy much more gold than you had on the first place.

Investing in both gold and bitcoin is really a wise decision. Now you just have to consider what is your goal. If you want to have some good earnings in a short period of time, you can risk a bigger percentage of your assets to bitcoin and lower percentage to gold.
If I have only a little amount to invest, I would forget gold and go all in with bitcoin.
For me, this time is the best opportunity to get in because there are a lot of good news that could possibly drive
the price upward, we just have to believe and be patient all the time.

you are right mate. according to warren buffet - it is the investors with a great deal of patience win in cryptocurrencies. that is why, if you are investing with bitcoin and you believe its real value, better hold on amidst some news that it is a bad investment. Just hold on and keep the faith.
1069  Economy / Gambling discussion / Re: Gambling addiction. on: September 25, 2017, 04:08:32 PM
Gambling addiction will only ruin your life. I believe that greediness will lead you to loss all your money and when you have nothing left in your wallet, you will start find ways to cover it and continue playing by selling your stuffs or borrowing money from other which are very worst, it is not a healthy mindset anymore.

I totally agree. that is why we should only gamble in moderation and with the money that we can afford to lose otherwise, we end up getting really in bad shape financially and with our relationship with loved ones and friends.
1070  Bitcoin / Bitcoin Discussion / Re: Is bitcoin transaction fees fair? on: September 25, 2017, 04:05:40 PM
I consider the commission bitcoin fair, as it is already considered an investment, and not a simple currency through which you can make only payments. If someone wants a small commission, then he can use ordinary currency.

You actually have a point there - bitcoin is already considered as a good investment and not just ordinary financial transactions you see with fiat money. You are not buying candies with bitcoin for sure. Hence, transaction fees are just but right if you put it at this context.
1071  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: September 25, 2017, 04:03:26 PM
Nothing wrong with gambling. The wrong is person who threw away his money because dreaming of getting alot money in a short time from gambling. If gambling is just for fun, maybe that's a good thing to do.
but its not the majority of gamblers the most are always seeking to win an easy money thinking that inside gambling they can easily doubled their money
the best to think is gambling should be not as bad as we think if we knew how to control our emotion and treat it as sort of enjoyment.
Gambling is wrong or not, it depend on your view, your goverment and your culture. At my country, Gambling is the most cause lead to social evil like steal, rob, kidnap,... So if it's bad at that community , it will be prohibited by the goverment and you can be busted if you're gambling. Sex and gambling are the most cause lead to Social Evil at 3rd countries if you guys don't know about it.

Gambling is really designed to entertain people/gambler. It is really now up to the player or the gambler to hook himself and do foolish thing because of gambling. It is just anything that when done in excess, it will be real bad.
1072  Economy / Trading Discussion / Re: Trading is unpredictable job. on: September 25, 2017, 04:00:52 PM
Yes you can't 100% predict what will happend weekly/monthly it may go high or go low but people know how to get a stable income by just trading.
although we can not predict exactly for 1 month but we get a stable income. there are currently no other jobs that can ensure we earn money. at least we can get income that may be in accordance with expectations, trading is a safe job in my opinion. do not take too long holding the coin, the most important is when the price goes up then I will sell the coin that I have. do not expect too much because we better get a little profit than wait too long. I apply this in every action I do and I am grateful to get very good results to make my family happy.


I agree one point in trading we don't become greedy and we don't make any big expectation. for suppose if you are expecting to make minimum 50% profit in one attempt then you may have to wait for a week or a month or more not sure you can make it in short time. But if you put a limit for your expectation for example 10% or more this could be possible in short time. Like this you have to trade and increase your capital.

Cause they expect to much they may have some failed on it i agree with your opinion i think too that the reason why they fail cause all here know that trading is a unpredictable job even your a good trader there comes a time that you have made some wrong decision just because of expecting too much on it.
They are not failing they are learning because after many tries there are a success so i would like to say that they should need to see there previous mistakes to learn and make there mistakes there strong points.

That is so true. You should have this kind of mindset from the very beginning you just started trading - your main mindset should be you either win or learn. Make it a way to learn in every trade you do and never stop learning this will make you, even more, better cryptocurrency trader.
1073  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: September 25, 2017, 03:58:43 PM
My guess is that the Banks will get disruptive big time but major banks will not disappear; small ones might.

My guess is that BTC will not only force them to improve their quality of service but also to provide additional /different services and all @ lower cost.

They might turned from Banks to more into Financial /Portfolio Companies.

You have the point that bitcoin in the future may force banks to be more effective, efficient, innovative, and cheaper just to keep up with the popularity of use of bitcoin in the near future. This is actually a good one and not necessarily making banks disappear but making it more to be a more good service to its clientele..
1074  Economy / Economics / Re: Best way for steady income on: September 25, 2017, 03:56:03 PM
Best with out do any thing is buy bitcoin when price down and sell when price high but you need more than 1 bitcoin to be effect

If you have lots of capital, this is really a good way to earn a good living - buying low and selling high with bitcoins and or with other altcoins. There are ordinary people out there in exchanges that are making big money just by trading and some really make it a full-time work and their main source of living.
1075  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: September 25, 2017, 03:51:42 PM
Bitcoin is accepted in very small scale compared to that of the fiat, some people give much importance to it as an asset that have the potential to multiply the investment amount just on holding. Also it has the accessibility to get converted to any traditional currency form. This makes people prioritize bitcoin over cash.

holding bitcoin was already a proven way to earn with it. however, if you want to earn and accumulate more bitcoin in a much faster manner, better invest some time learning how to trade in cryptocurrencies.
1076  Bitcoin / Bitcoin Discussion / Re: Criminality and Bitcoin on: September 25, 2017, 03:42:05 PM
It all depends on somebody, without bitcoin criminality is massive, I think this is not wrong bitcoin system, because bitcoin is just object. if anyone uses bitcoin for the crime then we should report it to the police.

How would you find out who has committed a crime? How would you prove that this person is the owner of bitcoin address? We can't do much about it. Higher demand = higher price, bitcoin is already associated with ransoms. Think about criminals who started using bitcoin 6 years ago. Image how rich they must be, probably they aren't. Why? Because they might cashed out and bought some drugs for it.

Even with fiat money, people can use them freely for any illegal transactions it is still the same with bitcoin. So there is really nothing new about it and it is quite obvious that it is easier to use bitcoin for any criminal or illegal transactions, however, this must not deny the fact the original purpose of the creation of bitcoin which is freedom to use and transact online without any government regulations.
1077  Economy / Gambling discussion / Re: Can gambling be profitable in long term ? on: September 25, 2017, 03:35:42 PM
It all depends on how lucky a person is, but do not expect a permanent profit from gambling as they are entertainment and carry more losses than profits.

Well it doesnt depend all on how lucky a person is. It is how disciplined he is or his knowing on his limits in gambling. Win a little, stop, try again next time.
Lucky is not at all, you have to stay strong too. When you see China is making a ridiculous law about banned Bitcoin but still let Chinese traders can trade bitcoin at Hong Kong , i already knew something happen . Whales are trying to swallow all of us who doesn't have balls.
I agree with you, Luck is great in gambling, but If you plan to make a nice profit in the  long terms, you will can still reach your goals without luck, because you are strong and you will try with all your have to make profit from gambling which it's to risky, and I think in the end we can reach our goals, but we should be carefull from greed and others shit thinking.

Without luck?  Impossible. No matter how strong you are in discipline, how knowledgeable you are, how patient you are, it will not mean anything if you're out of luck. It could also be said if you are not strong in discipline, if you are lucky then you will benefit. Luck is the big thing in gambling and you will not get anything without luck.


Could not agree more. Even with games like poker and sports betting, you also need a dose of luck but these kinds of games (involving skills) gives you more chances of winning versus games that are based on pure luck.
1078  Bitcoin / Bitcoin Discussion / Re: How to earn Bitcoin without investment on: September 25, 2017, 03:23:51 PM
Hey Bitcoiners? I'm desperate to start earning BTC
I'll do any kind of online activity as long as there's a Bitcoin payment. Where do I start?
I started nothing but with the help of other people i can earned without any investment. Theres a lot of ways on how to earn bitcoin without investment and one thing i've learned on how to earn bitcoin without investment and that is through bitcointalk i joined signature campaign and different social media campaign. With simple thing i really earned a lot and i dont need to invest anymore I'm just only investing my time and effort in answering the questions of different threads.

Although there is no monetary investment with a signature campaign, you still need to spend some time and invest your time and use your most limited resources - your time. Time is more valuable than money because the former will never ever be replaced - a time spent is a time lost forever while with money, you can still replace it at anytime when you are capable. However, for a start, yes bitcoin signature campaign is the easiest way to get some bitcoins.
1079  Other / Off-topic / Re: Would you give bitcoin as a wedding gift? on: September 25, 2017, 10:42:11 AM
Quote
Some tech-savvy wedding-goers are gifting the digital currency to new couples. Honeyfund, a honeymoon registry that allows guests to give cash rather than gifts, has seen more than a dozen customers donate in bitcoin, said chief executive officer and co-founder Sara Margulis. In recent years, more than a dozen customers have chosen to route donations to the site from bitcoin wallets. Zola, a wedding registry website, has had just two cash funds created for bitcoins since 2013, a spokeswoman said. "I would expect it to pop more as millennials come into the wedding age,” Honeyfund’s Margulis said. “It’s something you will do if your friends and family are already into bitcoin.

Bitcoin as an retirement plan, bitcoin to secure the future of your kids, and now bitcoin as a wedding gift. Whether or not bitcoin replaces cash in future, it looks like the trend of gifting bitcoin instead of cash at weddings is definitely going to catch up and more wedding registeries would be adding bitcoin as a gifting option.

Quote
Avoid using a wedding gift "as an opportunity to proselytize a technology you personally believe in, but the recipient could not care less about."

People who are not into bitcoin might not appreciate getting a volatile currency as a gift, and might never use it, thus adding it to the list of lost coins, but I think people who are already using bitcoin or would most probably use it in future then bitcoin instead of cash is the apt wedding gift for them.

http://www.marketwatch.com/story/would-you-give-bitcoin-as-a-wedding-gift-2017-06-27

I think it would still need a few more years to be able to do just that. I sincerely think yhat there can be an openig or a possibility for bitcoins to be accepted as a wedding gift but I also think that it needs to earn more or to be priced higher to be recognized.

when the value of each bitcoin is already at least $10,000, then that is the time that there will be a lot of people that will go in and dive to the bitcoin party. Some are still hesitant now because of  some news about China and all that but when they realized that the price is going stable and will go up and up, they will sure join in.
1080  Economy / Gambling discussion / Re: Why is gambling so addicting? on: September 25, 2017, 10:39:47 AM
I think most of us are getting hook or addicted to it because we want an easy way to make a money.
And as a result we would mostly be too greedy to gain some profit from it .
Lazy on working, want to earn easy money without moving your own body . Only clicking bla bla bla and easy money. That how people get addicted to gambling.Most of them are lazy working and not responsible person. Gambling isn't for responsible person. Cause they will stay away from it.

In fairness, there are still a number of successful people that are gambling, however, most are just to kill time, having dun, and entertain themselves.. We should not make some hasty generalization that all of the gamblers are irresponsible because I am a responsible father to my son and wife.
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