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Showing 20 of 255 results by stolendata
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Board Gambling discussion
Re: If bitcoin can be used in gambling. Is it possible to use it casino?
by
stolendata
on 28/10/2017, 22:15:45 UTC
there are a lot casino's accept  bitcoin. specially on a huge city
I can hardly find any place on this earth where you cannot use bitcoin. Bitcoin is the best thing this world has ever seen and is versatile in nature. You can use it anywhere you want it to be used. There are likely chances that bitcoin will be start using at casinos as well in near future. This will increase the market of bitcoin in a better way and more people will invest in bitcoin.
Casinos is the place where the gamblers get together and gamble and all the money they have in their pockets which is paper money or bitcoin will be used for gambling anywhere in casinos or any other place for gambling. Like my country there is no casino because gambling is illegal and the security will put you in jail if they found you gambling. Therefore all the gamblers gamble in a secret place.
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Topic
Board Gambling discussion
Re: Should I try to win back my loss?
by
stolendata
on 28/10/2017, 21:36:32 UTC
Ha ha, not today old friend. its better i go far away the gambling table when I lost a lot of money. because if I go back, maybe I will lose more of my money.
right when we are in long run loss we better stop the game and go home. once our bad luck started it will end when we lose everything in our wallet.

Or sometimes gut or luck will make you able win back the loss
I'm ever loss 0.05 with martiangle 50% but after 1 month, I'm back to gamble once again but with different method ( high risk high reward )

Finally I can made 0.09 profit !
Yes use I must try to win back all the lost bitcoins in the nest game. It is very necessary to maintain my wallet with some bitcoins/ losing my money means a dark future and winning means a bright future and for a bright I would need a lot of money and to make lot of money I must win not only my lost bitcoin but more than my own bitcoins. I will be mentally relaxed when I win more bitcoins.
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Topic
Board Gambling discussion
Re: Any tricks available in gambling to won the bet?
by
stolendata
on 28/10/2017, 21:05:34 UTC
Any tricks available in gambling to won the bet?
There is lot of tricks in gambling in my community. I have never gamble in casino which is I heard very fare and one cannot use tricks so easily to win the bet. But in my locality the gamblers use as many tricks as he knows to win the bet money, because if one does not know any trick of gambling then he cannot gamble rather he will lose all his money due to inexperience.
Post
Topic
Board Gambling discussion
Re: Should I try to win back my loss?
by
stolendata
on 28/10/2017, 20:23:44 UTC
There you go! Right in the face of everyone telling you to cut your losses and move on.. Agreed martingale can be incredibly scary and cause you to tilt but if you got enough of a bankroll it's usually fine Cheesy.

You stopping with gambling all together or just restarting from here on?

I'm not stopping, I'll be gambling, just not Martingale
A sweet innocent 0.00001BTC bet turns into a 1BTC bet in a matter of seconds


Haha yeah Martingale is a real bitch and I've only ever tried it once or twice, did not like it and it swallowed my entire balance within minutes.. I believe there are a few other systems you could place but for me, I prefer just doing random shit and having fun.. if I win that's just a bonus Cheesy
Try try again but for wining with fear gambling need luck. If you are lucky then you will make lots of money with gambling otherwise you will lose continuously and may your wallet get empty due to losing your money. So try to win your lost bitcoin is mandatory to keep gambling and to reverse your lost money. If you have no skills of gambling then you should not gamble because you will never win.
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Board Bitcoin Discussion
Re: why some country banned bitcoin?
by
stolendata
on 28/10/2017, 19:35:59 UTC
every country have taxes. but if u put or gain money in bitcoin, u didn't get taxes. i think thats why bitcoin not supported in some country.
I am also of the same view that the reason of banning bit coin is that there were some problems in implementation of taxes on bit coin as it is a virtual and decentralized crypto currency so the government of the concerned countries got frightened and they ban ICO in their country.
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Board Bitcoin Discussion
Re: Should I Wait or Invest On Bitcoin?
by
stolendata
on 28/10/2017, 18:36:26 UTC
I am newbie on bitcoin, recently introduced with the community. I have seen a lot of positive feedback about bitcoin investment. I am not interested do business or trade on market. I want to used it for long term investment only. Some people suggested me anytime is good for invest on bitcoin but I want to do it wisely. If you have some idea of the market and analysis kindly do it for me.
Investing is a good idea for increasing your money. But be smart on picking a corporation that will you invest because there are lots of people that will make you fool.

i think he wants to buy bitcoin and hold it for a long term and wants to make bitcoin as his investment only and he don't want to choose any of corporation to hold his bitcoin.

if we see the chart, i think its still the good time to buy bitcoin and hold it for a long term and don't use the bitcoin in any work like what people do. but before you decide to buy bitcoin, i suggest you to check the price and if you can get the lower price than now then it is good so you can directly to buy the bitcoin and hold it in your wallet. and for wallet, i suggested you to use personal wallet like electrum, bitcoin-qt, jaxx for computer or android and trezor for the hardware wallet.
Investment and holding bit coins is wholly dependent on the market situation when the price is low you should buy more while when the prices goes up then we should sell it out this will be a profitable job and I think that you should invest anytime because the price is increasing every day.
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Board Bitcoin Discussion
Re: I'll never stop buying Bitcoin
by
stolendata
on 28/10/2017, 17:50:45 UTC
Almost all of us will never ever stop buying bitcoin  specially with the price that we are seeing right now,we can see a almost 20% dump at the price so this is the time that we must unleash all money on our wallets and buy more and more bitcoin!
Well, some people will never ever stop buying bitcoin because they know it will help them to gain more income and money. In addition to that, the price of bitcoin goes down its a chance to buy more and you must sell it if the price of become expensive and it can be the reason to gain much income, Never stop buying bitcoin if you can afford to buy.
Yes that is right but i think to become a good trader you need to study the market first and after that you should invest money in bitcoin. i think without having good knowledge about the market there is more risk in trading anything. i think that it is even necessary to study about bitcoin before investing in bitcoin, because some time the price of bitcoin take a correction and the price is expected to comes down.
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Topic
Board Bitcoin Discussion
Re: Bitcoin in the future
by
stolendata
on 28/10/2017, 15:57:14 UTC
It is difficult to look so far into the future, and in the near future bitcoin is unlikely to replace the usual money, but it is quite capable of functioning on a par with them. The replacement of ordinary money by bitcoin is a matter of the level of public awareness. Now a huge part of people in the world do not know about the existence of bitcoin, as this is a very young phenomenon. But in the future everything will change exactly, we are already seeing a trend of spreading bitcoin as a virus. Every day more and more people learn about him, more and more of my friends and acquaintances want to keep money in bitcoins. The future is already here.
but we can predict about the future of bitcoin from the present. To me as the number of bitcoin users are now increasing from time to time therefore we can expect that bitcoin will survive for a long long time. In fact people are more interested in online shopping and business and that  is a  reason that they are now taking good interest in bitcoin, and hope that their interest will continue increasing.
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Topic
Board Bitcoin Discussion
Re: What are your plans with your Bitcoin?
by
stolendata
on 28/10/2017, 07:56:27 UTC
Hi guys Smiley May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business?

I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you?

I'm planning to continue with my investment and hold it and get a part of it when i need some for my family. Investment with other market is possible but it will be needing extra money and time, i don't have enough time for that because i have my permanent job and i need to keep my responsibilities with my family during my off.
I know that everyone wants extra income and investment is the best choice for it because of course you do not need to add hours of work to earn extra income but if you want to add more investment but you do not have time. maybe you can re-schedule or re-plan. so you can see it is time left or not. for you to use for other investments
I think we can consider bitcoin as a job or business so its too much important to have give good time to bitcoin trading or investment. we also need to have good study. because without having good study we cannot become succeeded in trading. My plane is to get good bitcoin and then open a store where i will accept bitcoin.
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Board Economics
Re: If the powerful governments wanted to, do you think they could stop Bitcoin?
by
stolendata
on 27/10/2017, 23:58:30 UTC
Well, they can buy down 21 million BTC and keep all of them to themselves, essentially 'killing' Bitcoin. Smiley On a serious note, no, I feel that it is difficult for them to do so. Even if countries like China tries to ban Bitcoin in their own country, they cant exactly do so to the whole world, and there will always be a use for Bitcoin somewhere else.

Bitcoin is still gaining popularity, and its community is growing, so unless all the governments team up and say NO to BTC, it would not happen (I hope).
Citizens > Government, and we need to believe this as well.
The governments have the power to run the whole country according to the rule of law so I think that it will be not a hard task for a powerful government to get the control of bit coin in their concern country. I would like to suggest that instead of discouragement every government should plan a strategy and introduce a new and modern technology for monitoring of all illegal activities regarding bit coin.
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Board Trading Discussion
Re: Where to learn how to trade
by
stolendata
on 27/10/2017, 18:44:33 UTC
There is a lot of place to learn how to trade and one of the places that you can go to learn how to trade is youtube because there is a lot of traders there that are not selfish and they are just keep sharing their ideas and knowledge about trading and about their opinion on the market and you can easily learn from them on what are the possible things that you can do in trading.
Number of tips are there on internet from where you can really get good tips about trading. you can also get valuable information about trading in different books, You can in fact get good information about trading from your expert frined who can in fact train you in a good way. This fomr is also a good place to get some information about trading.
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Topic
Board Speculation
Re: Do you expect a crash soon ? Or you see bitcoin keep climbing ?
by
stolendata
on 27/10/2017, 10:29:00 UTC
Crash is possible after investors dumps their money on fork event.Prices will climb till 6000$ but later crazy movements will result in losses due to hitted stop loss orders. I hold my bitcoins till next year and long term holders always win at the end.

I disagree with this, After october 25th fork another Fork might happen on November so if the fork is successful then bitcoin holders will keep it until the next fork. and with the increasing user it may not affect its price.

In my opinion, no one got the exact answer of predicting the future of bitcoin. In engaging a business, one must ready to accept hardness or difficulties towards work because it is expected already. Nobody is perfect and even scientist the scientist cannot able to predict the exact time of bitcoin's future. If you think it is better to have it now, then why not grab the opportunity? If not, then don't put your hand on the risk.
Yes that is not so easy to predict about the price of bitcoin, but still there are some clues and reasons on the bases of which we can predice about the price of bitcoin. So in prsent time i do not think that there can be any reason which can cause the price to dump. Therefore i think we can expect that the price of bitocin will still continue increasing for some time and hopefully bitcoin price will cross 8000$ very soon.
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Board Economics
Re: Are cryptocurrencies better than regular currency
by
stolendata
on 26/10/2017, 23:20:50 UTC
Cryptocurrency works with the internet so that if there is any internet interruption then there is no transaction, this is of course the state's consideration to use cryptocurrency so I think the current currency is better than cryptocurrency.
Keeping both is better than everything but currently I prefer bitcoin although cryptocurrency is based on internet but I don’t believe that in the currency technology based era internet may be demolished in the world. Fault may occur but it will recover soon because except cryptocurrency mostly technologies are based on internet existence so how can we say that internet will shut down.
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Topic
Board Speculation
Re: Will the BTC price go up or down after the 25th Oct fork?
by
stolendata
on 26/10/2017, 22:04:40 UTC
It will slightly go down I think. The recent price rally and stability in $5500 range may be caused by people who bought BTC in order to get free BCG fork coin. After holding those BTC, people may dump it back and causing a slight downward movement.

Answer to 2nd question, yes. I personally think that holding BTC is always a good move for the long term. I've proved that so far. So, hold those BTC and sell BTG for free BTC as soon as possible Cheesy

Totally agree with you opinion. The pricing of Bitcoin after October 25 will be decrease but not to the point lower than $5000. It would normalize to $5400-5700 and will climb eventually.
The price is already climbing we are at 5950 dollar per bitcoin, this show to us how difficult is to predict the price and the movements of bitcoin, lets see if we are able to reach an all time high or if the price is going to remain at that level for quite some time.
The price has been climbing and soon this will cross the $6000 to set another new ath. This time can expect the price pumping to continue till the segwit2x. Anyhow before the year ends we can experience the $7000 mark if the same growth continues.
It was expected that after hard, poeple will star selling their bitcoin so as to secure their profit, but i think we can see that the price of bitcoin is still trading in a good price and there is no such selling still seen, people even more eager to buy and continue holding their bitcoin. i think that this trend will now continue for a long time and therefor it is now the best time to invest money in bitcoin.
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Board Trading Discussion
Re: What is the best coin to buy today?
by
stolendata
on 26/10/2017, 20:24:58 UTC
Other than bitcoin? I would go For Monero for its privacy. The transactions made in Monero are completely anonymous and are secure and untraceable. The identity of the sender, reciever is kept private.
Also with a market capital of 3 billion dollars the coin has a potential of having price as $300 per annum within two to three months. You can expect a good amount of worth from the coin.
That is right that bitcoin is the first but if we talk about other altcoin except bitcoin, the i think Etherium has good potential to incrase it price, In fact people are aos putting their investment in etherium, they are confident to invest their money there and that is the reason taht its value is also increasing from time to time. i think Etherium is also a best place to invest your money specially after bitcoin.
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Board Economics
Re: The Real Reason for Bitcoin's Rise
by
stolendata
on 25/10/2017, 23:12:32 UTC
Mainly it happens with demand of Bitcoin. Bitcoin is increasing day by day rapidly for it has great demand and it is almost stable though the price of bitcoin is not stable. If the supply is less than demand, then Bitcoin will be rising continuously.
It is very simple and basic theory of economics that when supply is more than the demand then prices dumps while whenever the supply is less than the demand then the prices pumps up. In present time we can see that bitcoin popularity is increasing from time to time. and therefore we can expect that bitcoin price wil continue incrasing for a long long time.
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Topic
Board Economics
Re: Is an economy without physical money safe for the poorest?
by
stolendata
on 25/10/2017, 22:49:42 UTC
Imagine the situation in which we don't have any physical money and every currency is digitalized. The US dollar is now a token, the Japanese Yen is only in the network and the British pound is a fast-moving digital coin. What are the consequences of such an economy for the poorest of the population? Do you think that a few people can influence the digital wealth of people and wouldn't hackers be the best people to have as friends?
That's actually not good for any economy because the GDP of the economy will be affected very badly when it would be compared to an economy which only uses physical coins. Most of the economists consider crypto as a transfer income which again is not used when national income or GDP is calculated. And poor people will find it really hard to use cryptos as they might have not even used a computer before and they don't such facilities as well.
I don’t think a community without physical money is safe for the poor ones. Not everyone can be able to buy an ordinary Android mobile device, talk-less of buying an Apple iPhone and laptop. So I don’t support the idea of having only digital money, it’s nonsense, only someone stupid and selfish will come up with such an idea.
Having digital money is good if the government take the responsibility of educating each and every citizen of the nation. Also need to ensure the security of the digital money, because the poor keeps hold of little savings and if that too gets hacked he can't have a living.
It is looking as impossible but if for example it  happens  then it  will be good for the poor one subject to the country wide awareness campaigns and merging it in the education then poor one will not be affected, So we can hope that it will have good effect even on every categories of people.
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Board Bitcoin Discussion
Re: Saving Bitcoins for your Children.
by
stolendata
on 25/10/2017, 22:11:01 UTC
Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet.

BTC

So now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins. Huh Huh Huh
I made a paper wallet for my daughter. I have save bitcoin for her future. If I have money for saving I will buy bitcoins and I will save it. Other thing I joined signature campaign here and social media campaign in order to earn and can save bitcoins too.

Yes, you can use cold storage to save Bitcoin for your children. For me, I will spend half my bitcoin for my children.
you have a good idea that we need to save bitcoin in cold storage and when the time come and our children's come out for jobs and their help then bitcoin will help them and easily give them a good direction in life and which will make them really happy.
yes that is a good idea, becaue bitcoin has a very bright future and in future we can expect that bitcoin price will continue increasing and therefore i think it is still worrth to invest money in bitcoin and then to take more care about trading and investment.
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Board Bitcoin Discussion
Re: why some country still not legalized bitcoin ?
by
stolendata
on 24/10/2017, 22:33:18 UTC
Bitcoin is still illegal in some countries for many reasons, I think that’s because some of these countries are having trouble to control the bitcoin. because it’s uncontrolled and there is a possibility for a new way for crime activities, those are some other reasons that I often hear in the media.

I think that the only reason can be that most of the countries still do not have enough knowlege about bitcoin. I am sure that with the passage of time when all the big and develeped coutires will accpet bitcoin, then they will also consider bitcoin as legal currency. In fact bitcoin is the main currency of the modern time and all the nation have to accpet it as legal currency.
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Topic
Board Bitcoin Discussion
Re: Is The Bitcoin Become New Money In The World
by
stolendata
on 24/10/2017, 21:10:02 UTC
Bitcoin is the current requirement of today generation...it will be greatfull if all the country have bitcoin as there legal tender....
I think that is very much expected in future that bitcoin will be use as legal currency throghout the world. All the countires have to accept bitcoin as legal currency, becaseu it is the need of the day. the yound generation are mostly giving preference to bitcoin as compare to fait currency and i think that as time pass this trend will even continue increasing from time to time.