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461  Economy / Economics / Re: Selling Bitcoin = Opportunity loss?! on: July 02, 2017, 02:27:44 PM
You can only say opportunity loss when you sold your Bitcoin without gaining profit. There is always an opportunity when selling or buying Bitcoin, you only have to check the price by that you'll know when to buy and sell to gain profit.
Nope mate, I think you are wrong with this one. Losing money in Bitcoin will result into "Actual Loss" not "Opportunity Loss". Opportunity loss happens when you sold Bitcoin earlier in which the price of it still got a new high that signifies an opportunity loss because of you selling earlier at a cheaper price. Now from your own words and logic if you Gain profit from you selling Bitcoin will it signify an "Actual Gain" or an "Opportunity Gain" if you have a clear answer to that then we are on the same page now.

I agree with you, not having a profit from selling bitcoins is not an opportunity lost. For me, another opportunity lost is that when you have been introduced about bitcoin and told that you can earn it yet you disregard it. The opportunity earn through bitcoin and to be able to have your own money was thrown away. There are people who would let their negativity wins and are afraid to try things that they are not accustomed to.

We grew up knowing jobs or works like accounting, designer, teaching, and etc., and we grew up knowing the regular currencies. When something like digital currencies are introduced to them, most people would try to deny themselves that technology has been unpredictable and would rather be doubtful than to try and see for themselves how it can be true.
462  Economy / Gambling discussion / Re: What did you buy for money won? on: July 02, 2017, 01:54:10 PM
Hi guys!
It's often discussed here that you can't make any money from gambling, but in general it's just not true. House edge is usually quite low so the most of the money go back to players. Of course some one wins more than he bet, some one wins less and loses in the end. It's all about luck. I am sure that the most of you was lucky at least once and made some nice money. So my question goes here: How did you spend this money? Did you buy some presents for your close ones? Did you buy something for you? Did you invested it, saved it or even put back into gambling (and then made even more or lost it?)?
Share your stories Smiley)
Cheers,
OshiHugo
Regarding the money I won, i divided it into different ways. Most of them was invested in altcoins already. Some of them are in my saving bank account and I already spent the other money I have won since I have some needs that can't be provided by my parents so I can be able to buy it for myself. Currently, my investment earn times 3 from its capital.

I did not win big so the money I have won from online gambling was stored in my wallet as a savings. I also play poker with my friends and cousins whenever I have a free time. Whenever I win, I would give some to my parents and the rest will be in my wallet. The remaining money will be spent for my school projects, snacks and sometimes I would buy something that I want.

If I ever win a huge amount from gambling, just like you, I would divide it. I would give some to my parents, allot an amount for savings, buy something as a remembrance and then treat my close friends.

Some people may think the amount won in gambling as “dirty money” but I think that it should not be like that. Dirty money is the money that came from committing crimes and not from playing a game based on lucky chances.
463  Economy / Economics / Re: bitcoin provide income on line? on: July 02, 2017, 01:19:45 PM
Yes it's true but it will need some researching so you will know how everything works. If you already know that then its possible to make bitcoin as passive and stable source of income.

I don't think anyone on this planet knows how everything works, not in general, but even with bitcoin. What we can do is to hold and hope that the price will rise in the future. It looks like an easy job, because there are more chances that the price will rise indeed rather than will go in another direction, but sometimes we sell for some reasons, and regret it later when we see that the price has risen.


For me, if you are going to apply for a certain job, it is important if you have a background about it. Having knowledge on the job that you are applying for will be helpful in performing your work. It is not necessary to know everything about that job but knowing what job and duties you are going to do will be an advantage in fulfilling it.

Bitcoin surely gives an income online. Joining signature campaigns and altcoins is an opportunity to earn online without needing to meet your employers face-to-face. No interviews needed, no proper attires required and no pressure in interviews.  I have been earning bitcoins and I can truly say that through it, I can now attend to my financial needs without asking for money from my parents.


That's the kind of income bitcoin provides for me too. You can't rent a flat and you can't live ansolutely independent with the income, but at least you don't have to ask for money if you are going to a cafe with your friends or if you want to buy a book for your study.

It is the benefit of earning bitcoins online, we can now support our financial needs without asking money from other people. I can’t say that I am 100% financially independent from my parents because I still live with them but at least I can now pay for my personal needs, school projects, luxuries, hangouts and etc. without asking money from them. In fact, I share my earnings with my parents because I know that they will be happy if I do that.

Earning bitcoins online really gives an advantage in life for me, not just by being able to have my own money but because I am very proud that even if I am still studying I can already share some earnings with my parents.
464  Economy / Economics / Re: Selling Bitcoin = Opportunity loss?! on: July 01, 2017, 04:20:39 PM
For me selling bitcoin is also opportunity to lose. But it is okau because your money is safe if bitcoin decrease your money will not decrease because you sell your bitcoin. What if bitcpin price increase high you lose your opportunity to earn a lot of profit. But it depends to you if you sell your bitcoin or not.

Profit is going to come out when you sell bitcoin, you are losing opportunity because you can't hold on anymore. But if you sold bitcoin at good price there's nothing to lose, profit is there so don't regret if you sold some. The only regret and opportunity lose that is possible to happen if you never knew bitcoin and don't have an idea what it is.

Right, many people are still neglecting bitcoin because they can’t believe that there are online currencies. They are so close-minded and because of this, their loss opportunity here is to experience how saving bitcoin have been profitable for many users. If ever became so much popular in the future and its price somehow doubled again, I am sure that many people are going to regret how they ignored the chance of earning more than they could imagine in months, weeks, or a day.

Bitcoin’s use is still limited but who knows what will happen in the future, what will happen if it became legal, to be optimistic, what more can bitcoin do if it became legal?

I agree. Bitcoin's adoption is still very limited and only a small amount of the population is as educated about bitcoin as us here on this forum. It's nothing but logical that bitcoin is still very undervalued.

Even with the aid of modern technology, bitcoin is still unknown by many people. I have been encouraging my friends to try what I am already doing, which is earning bitcoin, but they seems so doubtful of this digital currency and would ask questions like, "Is that for real?" and "How are you going to used or spend that?".

They would not believe that online currencies exist and that they could be earned through joining and signing up for signature campaigns and altcoins. If only they would try and would see that with the recent rise in bitcoin’s price, they have already loss the chance to have an income of their own.
465  Economy / Economics / Re: Where did you first heard about Bitcoins? on: July 01, 2017, 03:19:38 PM
I didn't hear it, I just saw it in the internet.
Just browsing and my eye caught bitcoin that really makes me curious so I google it to have more information. And the rest is history.

Everyone can see now bitcoin spreading in internet site and a lot of people now are getting involved into it, I just saw bitcoin in internet but i didnt pay attention that time until one of my friend told me more about bitcoin and that is the time i invested in bitcoin.

I first heard about bitcoin through a friend who had just started at this forum also. He was encouraging me also to try it out but I was doubtful because he is also unsure that he would gain something from this. Recently, he had managed to buy a new phone and when we ask him how. He told us what he was doing and encouraged us to also try it. Now, I am being serious in earning bitcoin because I realized how it can be financially helpful. I can now afford buying things for my school projects without asking money from my parents and I am happy because of that.

Internet will be helpful in learning and understanding bitcoin. There are many information that you can get from the internet, besides, internet is also needed to earn bitcoin.
466  Economy / Gambling discussion / Re: How to control greed on gambling? on: July 01, 2017, 02:18:06 PM
The only method is through self-restraining and setting limits to yourself on gambling, both winning money and losing money, Enforcing these limits would still need you to have a strong personality and never exceeding the limits you, yourself set.
The strong personality is the key always.
But when people are into rushing for making their life's biggest opportunity of making easy money, we could never expect them maintaining their strong will. Your self control will challenge you and most of the time people are forgetting their resolutions and just obeying the order of their emotions.

Temptation will always test us and we could never promise ourselves that we will win over this. There will be times that we can’t resist playing because gambling games really are exciting and fun. Gambling gives us fun but too much fun can cause us to loss all of our money.

Controlling greed will definitely need strong self-discipline and self-restraint, thinking what may happen if you loss all your money might help but the greed can win over it. Getting greedy can be a little tricky since it will always make you come back to play again and you will always find a way to do that. Greed cannot be controlled, it is you who needs to be control. Being able to control yourself will not just help you in greediness but will also help you in some other things that also needs control.
467  Economy / Economics / Re: bitcoin provide income on line? on: July 01, 2017, 12:17:41 PM
Yes it's true but it will need some researching so you will know how everything works. If you already know that then its possible to make bitcoin as passive and stable source of income.

I don't think anyone on this planet knows how everything works, not in general, but even with bitcoin. What we can do is to hold and hope that the price will rise in the future. It looks like an easy job, because there are more chances that the price will rise indeed rather than will go in another direction, but sometimes we sell for some reasons, and regret it later when we see that the price has risen.


For me, if you are going to apply for a certain job, it is important if you have a background about it. Having knowledge on the job that you are applying for will be helpful in performing your work. It is not necessary to know everything about that job but knowing what job and duties you are going to do will be an advantage in fulfilling it.

Bitcoin surely gives an income online. Joining signature campaigns and altcoins is an opportunity to earn online without needing to meet your employers face-to-face. No interviews needed, no proper attires required and no pressure in interviews.  I have been earning bitcoins and I can truly say that through it, I can now attend to my financial needs without asking for money from my parents.
468  Economy / Gambling discussion / Re: To Gamble or To Invest? on: June 29, 2017, 06:22:30 AM
It's better if you invest the profit you will earn from investing is really less when compared to gambling and in terms of profit i feel in past many sites have scammed their investors so you either gamble and try to double your money quickly or go for the harder way to earn little profit and a bit higher risk. Either way both are not worth

Gambling doesn't promises to double our bitcoins quickly as everything will depend on the luck and no doubt that investment sites are risky as majority of them have scammed people in the past so its very hard to trust them for making an investment but you can always invest your money in trading where you will be having total control on your funds and your moves and actions will decide your profits.


Indeed, it is much better to use your bitcoin in investing than in gambling. There are no financial benefits gained in gambling and using bitcoin in it will be a total waste of time if you are the kind of person who thinks practically. It is okay to use bitcoin if you do have the money but if you are like me who needs more investing than in playing gambling, then investing is much more preferable.

Gambling may be helpful as a stress-reliever game but if you are in need of money, it will not be wise to consumed bitcoin in playing.
469  Economy / Economics / Re: Why Bitcoin has power nowadays ? on: June 29, 2017, 05:05:09 AM
It do have the power because it is becoming more influencial to people around the world due to it's advantages. One way is the payment system that can be transact online at your very compfortable place at anytime through your mobile device like your mobile phones. It has the biggest users and developer with a strong network branches, which more users likely to be inspired because the system approach to everybody that's appreciated for an awesome reputation and will made them decide to use bitcoin as their mode of spending as well as investments.

Right, because of these capabilities that bitcoin has, there is no doubt that bitcoin truly is powerful nowadays. Many have been interested and have been using bitcoin because it has been helpful in making online payment transactions easier. Another thing is that, bitcoin is much better to hold than cash. I do really think that bitcoin will be the future money, it may not be stable today but I believe that many people would become more interested in using it and there is a big chance that it will also be recognized by our government.

Once, bitcoin became legalized, its capabilities will be farther more utilize therefore resulting to a much better future online money transactions and more.
470  Economy / Economics / Re: Best way for steady income on: June 29, 2017, 03:50:48 AM
If you want to have an steady income, you need to have a business or make an investment. Because steady income need an stable business. Also try the mining because I think mining gives an assurance to income.

Yeah, you are right about that. If we are looking for a steady income we should find or have a steady business or work. Having a steady work is really important for all of us because it can help us by giving us the money that we need to answer our needs. Steady income means receiving money every month (depends on the work or job) where you can use to pay for your monthly expenses as well as to have a budget money for a month.

But I do really think that having a steady income and then earning bitcoin at the same time would be much better than just having one. Looking at the future, there is this possibility that bitcoin’s price would increase continuously and saving up bitcoin is helpful because it will be a good investment.
471  Economy / Economics / Re: Is bitcoin a good way to invest your money ? on: June 29, 2017, 02:50:25 AM
I heard that bitcoin is a good investment for making a huge profit in the future , is that right ? Because i want to buy some bitcoin in these days .
Who ever told you bitcoin is a good investment opportunity tell you nothing but the whole truth. Bitcoin is the future in terms of investment. I bought bitcoin yesterday when the price was around  $2,360 and if am to sell it at the current market value of $2,551 I would be making a profit of $191 Just within two days.  What a profitable investment opportunity!

Yeah, investing in bitcoin is a great opportunity in gaining profit. A big amount may be needed in investing but looking at the market price, there is no doubt that someone could earn a big amount already in just days. Bitcoin’s price, maybe is so volatile but it is also what is good in bitcoin. For me, we should consider this volatility as the biggest advantage of bitcoin over cash. Bitcoin’s value is changing while cash is not, there is a great chance for bitcoin to be over 4K USD in the future while cash don’t. That is why it is much better to hold bitcoin than cash if someone would think about the future of money and currency.

Investing in bitcoin is not just about earning profit from it, for me, it is also about having this advantage over those people who still neglect its use and importance in the digital usage.
472  Economy / Gambling discussion / Re: Can gambling be profitable in long term ? on: June 29, 2017, 01:48:24 AM
At first, making money from gambling seems like a dream. But like in every other business, routine will take the pleasure away. You may not be disciplined enough to follow your own rules! Wouldn’t it be pity to lose money, after all that research and study? Yet, even reputable and notable sharp bettors may lose their discipline after a long losing streak.Let’s not hurry things up though. Most probably, you’re having a difficult time to break even to say the least. Winning in the long run seems too far away at the moment.

Even if you are following whatever rules you setting by your own, if you are not supposed to win then you wont win. It is as simple as that because it is luck based game. You win according to your luck and nothing could change the fact that nothing going to prevent you to win when you are supposed to win

He is right, winning in playing gambling has no assurance that is why it is not good to think that you can earn profit from it. Even playing for a long time does not guarantee that you will gain something it. You may try guessing how many time you could win but then again comparing it to the number of losses, there is high possibility that number or loss is more than the number of winnings meaning profit is really impossible to get in gambling.

It would be much better if you would look for a real job to earn a real profit ( cash ). You can also try earning bitcoin by joining signature campaigns and altcoins or do investing and trading where gaining profit has more chance. Besides, isn’t it much better to work hard to earn money or bitcoin than just to depend on a gambling games?
473  Economy / Economics / Re: Bitcoin or gold? on: June 29, 2017, 12:47:55 AM
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

gold  because it is tested and proven that through the years its value goes up.And for the security of my wealth to be conveted i go for gold.

Today, gold is reliable, but tomorrow it can depreciate. The same can happen with bitcoin. There is no guarantee that your assets will be saved in ten years, if they are stored in gold or bitcoin. It is necessary to constantly analyze the situation in the market and invest in different assets

I would vote for bitcoin, it is not that I don’t like gold but because bitcoin is much easier to have than gold. To be honest, I would really prefer bitcoin because I could earn it by joining signature campaigns and ICOs while earning gold seems too much for me. For me, I could just possess gold if ever my ancestors gave me or my family but I came from a normal family, a family without gold and a family that works hard to earn money.

Bitcoin’s price maybe is volatile and its increased in the future is not guaranteed but I would prefer bitcoin over gold because it is much easier to reached and earned.
474  Economy / Economics / Re: If you have a lot of bitcoin, should you spend it or save it? on: June 28, 2017, 11:48:49 PM
Let's say I have 2.1 BTC And I don't spend it. Will it go up a few cents if I save it? Cause in my wallet I have up to about 50 cents worth of bitcoin. I started up with 13 cents 7 months ago. Now all of sudden I have bitcoins worth 50 cents. What do you call this? I only made that one 13 cent deposit. Nothing else!

Your bitcoin’s growth will depend on the bitcoin’s price in the market. As you can see, in that seven months, bitcoin’s price had a sudden increased which have been very beneficial for those people who have invested  in bitcoin and also for those who have been saving up bitcoin. This is the reason why your 13 cents has grown into 50 cents.

If I were you, I would not spend my bitcoin buying things that I don’t really need. Saving up bitcoin has been considered to be a good investment since its price is volatile compared to cash. There is this possibility that the price of bitcoin would continue to increase and having bitcoin in your wallet will be very profitable.

There is no problem if you want to use your bitcoin or spend it but you should think if you really do have to use bitcoin for that instead of cash who has a fixed value.
475  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AICOIN ICO:: Building Wealth Thru AI & the Power of the Blockchain on: June 23, 2017, 04:03:32 PM
It seems that here we still need a lot of improvements, there are a few shortcomings that we have.
And we here need a lot of input from others

I am sure that the developers are exerting effort for making improvements. This ICO just started, the devs are actively reading every remarks from us and are very eager to here more.

Its my first time hearing about AI paring up with a cryptocurrency so I am just as curious as the others to what will happen in this ICO. Let us be patient and let us all hope that more investors will be attracted to this project in order for this ICO to succeed.
476  Economy / Gambling discussion / Re: Is it a sin to gamble? on: June 23, 2017, 03:00:14 PM
If you are a addicted to gamble, if your addiction destroys yourself, if your family is affected by your addiction, if you are frustrated about your addiction then definitely gambling is a sin.. Every negative addiction is a sin..
So it depends on your level of addiction identify that whether it is sin or not...
Gambling isn't a sin mate for those who are feeling saint it is sin for them every one make is a sinner not only for playing gambling it self nor wrecking life because of addiction om gamble this is just a bad habit it called.

There is a difference between gambling addiction and gambling as an entertainment only. But those who gamble occasionally and use for entertainment purposes only leads to addiction also. I know someone who do not play on casinos but become addicted after several try. I think they are attracted to big money they could win. You must have a strong moral values, in order to resist the temptation.It depends on a persons foundation and other instances that this could not lead to be a habit.

You are right about that, it is very hard to resist the temptation of playing again and risking money after having several winnings especially if the amount that have been won is good. This is the reason why gamblers can’t afford to stop themselves for coming back again. Sometimes, the reason why they come back again is to win back what they have loss.

For profit or for fun, gambling does look very attractive to players because it can give them a different kind of excitement when they play. The adrenaline rush which makes them feel so good and energetic when playing.
For me, gambling is not wrong as long as you know that occasionally playing can lead to addiction. Addiction can result to losing everything, including your family, your possessions and yourself. If someone does not have a strong will and self-control, it will be very hard for them to stop themselves and resists the temptation of playing gambling again.

477  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: June 23, 2017, 02:11:12 PM
Do not forget the fact that it is also smart if we know our limitations.

How are you smart if you only know when to stop? You cant make money all the time and stop when you get the money. In fact if you want to be considered smart then you should gamble the smart way which is to play with EV+ betting. Thats the only way that you will be considered as smart otherwise there is no

I have no arguments to that and you can really make money if you stop immediately if you already have that lucky winnings. You can be a smart gambling player if you have self control, because you have to take opportunity in the first place is your earned profit and not just drowning yourself playing gambling until morning just to satisfy your eagerness of winning more. Being a smart player doesn't need to be agressive, but it exactly needs your brain to think of your profit and your skills to determine if your the one controlling gambling or you're been controlled by it.

Indeed, I also that it is also very smart to know when you are going to stop playing gambling. I know that playing gambling can be exciting that we, players, sometimes forget that there should be limit to how much money we can spend in playing. Sometimes we feel so good about the game that even if we already have won ( which could be enough ) we still bet. There are also times when we know that we have loss big amount of money yet we still continue to play.
This is how gambling addiction can affect us, we just continue playing without realizing that we should have stop with "enough" earnings or stop if we have loss enough money.

Setting limitations and having self-control will surely be beneficial to any player. Money is very hard to earn that is why we should not be so keen in playing.

 
478  Economy / Gambling discussion / Re: Why I suddenly decided to leave gambling alone. on: June 23, 2017, 09:51:19 AM
When you decided to leave gambling alone make sure that you will not comeback and play again once you did it make punishment to your self like your going to hand your self lol just kidding its good for you that you will never play gambling at all also congratulation to you for wasting time and money playing it.

Yes you need to pursue that you will leave gambling and will never comeback to it. But the struggle starts there for the addicted gamblers. Even there where times that they are getting bad result, they are keep on fighting for the right fortune to come.
The problem is with addicted people as they do not have control on their emotions and lose all of their money at once but It is hard that the addicted people leave off from the gambling. If we succeed to stop them from becoming addicted and they gamble only for a while then we will save their lives.

They are going to start thinking about that problem and with their emotion through it. But if you are sick of all the losses that you are taking for so many times, why you need to stay in gambling if it is not giving you a good one? You need to shake your head and start thinking of some other things so that you can leave it alone.


Quitting gambling is really hard for those who already get addicted in playing it. There will be times when they would know for themselves that they are craving to play again and stopping it is very difficult. But we all know that giving up gambling will surely be beneficial for anyone. All those losses that you have suffered, if you think deeply, will surely help you to realize more important things than gambling.

For me, the most that you can get from quitting gambling is the chance to use the money for more important things. Like spending it for your own needs or for your family. Instead of allotting money for gambling, it is much wiser if you are going to saved it for future needs.

Earning money is really hard today, you must really exert effort if you really want to have money to use for all of your expenses in order to survive.
479  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: June 23, 2017, 08:43:55 AM
Well holding it for a long time seems like a good way to make some money,
Other's have already made some profit because of it and I do hope that I could also make some in this year.

Holding bitcoin for a long time is also another choice to gain profit from it. There is nothing wrong with holding it as long as you know that it is safe for your bitcoin to be in there. You still have to make sure that what you used for storing it is secured because having a huge amount of bitcoin in an online wallet can be attractive to the eyes of hackers or cyberpunks.

It is your choice to make whether to hold your money for a long time but you have to consider that there are times when the bitcoin’s market price is good for selling it. You might still want to try other ways to grow your bitcoin by using a portion of your money.
480  Other / Off-topic / Re: Young people should go all in on bitcoin on: June 23, 2017, 07:43:06 AM
young people shouldn't go all in with bitcoin since they don't have enough experience on what to do with their bitcoins to be honest if they don;t have knowledge they don't know what they are doing and they will just waste their money for nothing it its like throwing money into garbage for no reason.
Why not? I have a brother and he is a young people (not enough 18 age) but he still earning 1-2k$ every month from BTC. He have more experience and knowledge about cryptocurrency not only Bitcoin! About reason for use money earned, me and him are want have a job and stable income for help our family and our life!
This is good. Actually, the young people should go all in on Bitcoin because nowadays many people are making a profit in bitcoin. It's not giving a loss to anyone. So if they invest their money in bitcoin, it will help them when they need money in future. According to so many article and experts prediction, the bitcoin price will increase more in future so according to investing in bitcoin is worth.

Indeed, there is a great possibility that the price of bitcoin in the future will be higher and using your money in bitcoin will be a good investment. If the idea of all young people should go all in with bitcoin means that they would have to leave everything for bitcoin then I disagree with that.

For me, a young age is a great advantage to start understanding what bitcoin is and learning how to earn and manage bitcoin but still, a good educational background and having an educational degree in life is the greatest gift that you can have. Nothing is more important than being an educated person. Being an educated person will be your tool to face whatever problem you might have in the future.

Young people can still do their studies while earning bitcoin at the same time. If ever that your parents does not give you money, then consider it as a challenge for you to finish your studies by yourself and then use bitcoin to help you financially.
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