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10081  Other / Meta / Re: What The Heck Is going on here? on: November 27, 2015, 09:45:34 AM
I just see that 8 of my posts are deleted for nothing by chmod. He didn't remove his posts from his threads since he know he will lose a lot post counts on his Bit-X signature payout. Screwing up other people's post count is ok for him, doesn't make sense.

I know he has the right to delete any post he want in his self moderate threads. But this is destroying the ability that people have to have a discussion in his threads. I will never ever post in self moderated threads ever again.
10082  Economy / Speculation / Re: Big Dumps on Black Friday? on: November 26, 2015, 11:29:04 AM
If we spend a lot of bitcoin to buy goods and do not buy back the coins we spend, there is a chance of price drop.

This certainly happened last November. Around this time last year, Bitcoin was around $350. After the holidays were over it plunged to $167.

The main difference right now is the block halving. We didn't had any one thinking about it as it was still far away back then. It will definitely not go sub $200 anymore, unless a flash crash is happening or several large exchanges get hacked and a lose a lot coins as result. If that doesn't happen, then we'll be heading up like a boss.
10083  Economy / Speculation / Re: The Tide Is Turning on: November 26, 2015, 11:24:25 AM
It´s very strange, normally you would anticipate a price dropp just before black friday, I think a crash is still coming around christmas, or mostly the week before Smiley

No it would be the opposite in my opinion a Price rally as people stock up on Bitcoins before black friday, a price drop after the merchants convert the Bitcoins back after black friday sort of a double dip effect.

That's what happened during Black Friday week last year. There was a modest pump beforehand, and a dump afterwards. I had given up on a pump after watching the price decline until yesterday, and this pump caught me by surprise. Over £30 up in 24 hours is an extremely fast pump.

It's a more than welcome increase. I as trader would like to see these kind of unexpected increases more often Smiley When people expect a lot from Bitcoin, nothing is happening. When people aren't expecting anything, then the price is showing action. Let's not expect anything from the price, ok?
10084  Bitcoin / Press / Re: [2015-11-25] One of the largest dark web bitcoin markets stops selling weapons on: November 26, 2015, 11:17:43 AM
People who want to buy a weapon to harm people can do it easily on the streets. It doesn't take more than a few hours to purchase a weapon depending on where you live. But it is definitely a good step forward seeing even the dark markets stepping up and take this decision to not allow people to sell weapons.
10085  Bitcoin / Press / Re: [2015-11-26] Running a Bitcoin node just got cheaper with the $5 Raspberry Pi on: November 26, 2015, 11:12:44 AM
It's nice for sure. But you'll also need to include a (for now) 64GB memory card to host the full blockchain as that takes up around 54-55GB at current date. More ideal would be a 128GB memory card. It's impossible for me here in Europe to get the complete package for just $15.

I can't seem to find if this model is supporting a 128GB memory card. Does any one knows what the max capacity memory card it supports? I will definitely order one and play with it. $5 is just too cheap to let it slip.

10086  Economy / Auctions / Re: [Domain] BitcoinPurse.co on: November 26, 2015, 10:57:05 AM
New starting bid 0.02BTC.
Auction end time : 24 after THIS post.

If no bid come through within the given time, then I will sell the domain elsewhere.
10087  Economy / Speculation / Re: What moves bitcoin price? on: November 26, 2015, 10:51:59 AM
At the moment I think people are trying to get in before the halving mania takes hold

It's easy to say so, but no one knows exactly what is making the price go up right now. People said in the previous rally that it was due to people who are buying before the block halving, and people were guessing the price would reach a minimum of $700. But the opposite happened. It went down very HARD after reaching $500. Whatever it is causing the current rise, it's nice Smiley
10088  Economy / Speculation / Re: Back to $ 400 soon? on: November 26, 2015, 10:48:58 AM
May be we are going to see some movements in the price this weekend , let's see what black Friday will do with bitcoin price

Perhaps it's just the effect that it has on people that is making the price go up right now. If enough people think the price will go up due to the comming black friday, then they will buy themself some coins to benefit from an eventual rise. In fact, it could be these people themself who are buying up the price right now.
10089  Bitcoin / Bitcoin Discussion / Re: What do you do with your idle coins? on: November 25, 2015, 11:12:47 AM
My Bitcoins will sleep for years Smiley I have been collecting coins since early 2013 in my cold wallets, and since then I haven't moved out a single satoshi from these wallets. And that will not even change if we reach $1000 again. I look at the bigger picture. To make profit I simply use my coins that I have for trading purposes. It gives me the best of both worlds.
10090  Economy / Speculation / Re: How it will go to $0 again? on: November 25, 2015, 11:03:23 AM
The Bitcoin price will never go to zero 0. People will simply buy all the coins if they are going below $10. Even if for regular people there isn't a use for it anymore, the dark markets will always keep using it. They will most likely set up their own hardware to make it their currency. I always say, never say never when it comes to Bitcoin, but in this case I can say 100% sure that it will never drop below $1 Smiley
10091  Economy / Speculation / Re: Will BTC reach $500 during november? on: November 25, 2015, 10:56:24 AM
Next milestone I believe will be $600

Not sure when we'll hit that but not this year. Maybe by the end of the year we can hit $400 again and end the year with that.

I am sure bro Its will not upto $500 as you said It may move up to $400 only. After this festive season Its move up. because In this season $Dollar value will move up So After that BTC price will again move to some milestone value I fell. Let it be happen

The price going up to $400 this year (if it happens) is more than perfect. We have been up from the lower $200 range to now $318. That alone is already a great rise. If it goes to $400, then it's an extra bonus for all people.
10092  Other / Archival / Re: [Domain] Btc-e.co on: November 25, 2015, 01:14:07 AM
I don't think you should be selling this domain since it can be used by scammers to scam BTC-E users.
It might be used as a phishing site.

You are right. This domain can cause a lot damage when it is in the wrong hands. I will not sell this domain to any person no matter how much they offer. I will only sell it to BTC-E.com. I'll ask a mod to delete this thread.
10093  Other / Archival / [Domain] Btc-e.co on: November 24, 2015, 12:00:54 PM
It is registered at Namecheap and comes with whoisguard.

The domain is attracting visitors already and is currently building a better rank on alexa with the day : http://www.alexa.com/siteinfo/btc-e.co

I have sent BTC-E.com the exchange a PM 3 weeks ago that this domain is for sale, but they still haven't been online since 15 Oktober. They have an advantage on purchasing this domain over every one if they message me back.

I currently have an offer of 0.5BTC on the table, but I am looking for better offers. Please don't offer anything below that.

You can make offers here or via PM.
10094  Economy / Economics / Re: How to save money. on: November 24, 2015, 11:48:12 AM
Know how to control yourself on buying nonsense things.
If you can do it properly then you can save your money.

That's for sure the easiest way to save money. I can remember that years ago I used to make a lot impulse purchases like parfume, jeans, each month or two a new phone, etc, while I had all that already. I have stopped that and I saved myself hundreds of Euro's per month. Now I only buy what I need. If I don't need to buy anything, then I simply don't.
10095  Bitcoin / Bitcoin Discussion / Re: Bitcoin Debit Card on: November 24, 2015, 11:37:56 AM
I really hate the way traditional debit cards work. But I can definitely appreciate a Bitcoin debit card that allows me to deposit Bitcoin at for example Xapo and then it will allow me to pay everywhere with their card world wide.

As long as it allows me to spend the money that I have I am happy. That's why I will never use traditional debit cards. They allow you to spend money you don't have. That's what I hate about them.
10096  Economy / Speculation / Re: Any impact of the Russian SU24 shot down over Turkey (NATO)? on: November 24, 2015, 11:30:20 AM
If you mean impact on the Bitcoin price, then I say no. I really can't see how this has anything to do with Bitcoin at all.
10097  Bitcoin / Press / Re: [2015-11-24] Apple Pay’s Competition In China Includes Bitcoin on: November 24, 2015, 10:27:48 AM
I can't see the value of ApplePay. Correct me if I'm wrong, but the fees are the debit card fees + Apple getting a cut of 0.15% of the 2 or 3% fee that marchants are paying to companies as MasterCard and Visa, and so on. Which is ridiculous of course. It gives no benefit to merchants at all.

Bitcoin could help the merchants do better business and reduce the amount of fee that they pay on a yearly base by around $500-$1000 for the smaller merchants, and probably tens of thousands for the larger companies. Another huge plus is that they don't lose money because people are charging back merchants to make them lose another few thousand of items. Bitcoin is a plus on each level. It's superior.
10098  Economy / Speculation / Re: BIG PUMP STARTED .. $400 SOON on: November 24, 2015, 09:43:28 AM
all these pump topics... everyone is just hoping for good news...lmao....

It's normal. People have invested in Bitcoin with whatever amount they can afford. They are looking for a return on their investment as soon as possible. They hope to wake up and see the price went up $50. Instead, they wake up and see the price didn't move  Cheesy
10099  Economy / Economics / Re: Bitcoin halving to be canceled? on: November 24, 2015, 09:37:30 AM
yes it will happen for sure, it base of bitcoin supply but if they mess with bitcoin supply then users will lose their faith in bitcoin that will take bitcoin to hell

Hm I don't think things are so easy. I also believe there will be halving, but I also think there will be changes in future just I don't know which ones. I'm ready for surprises and I hope it will be good one's, and the bad ones can wait. Anyway as I read on internet no one mention it will be canceled so I believe in that for now!

The block halving is great for Bitcoin. No one has to worry about the halving being cancelled. Whoever is talking about this just wants to cause confusion among the community. I will welcome any change that will help Bitcoin move forward. I hope one of the updates to include a temporary solution to the block size issue. 2MB blocks for now would be great.
10100  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: November 24, 2015, 09:29:01 AM
It depends what you want to do with that 1 BTC. If you are going to invest it somewhere - then yes, it can be profitable. If you just hold it - who know, what would be BTC price in future  Wink Shortly speaking - if you want to make some profit in the BTC Forex market - 1 BTC is too small amount  Wink

probably he want to hold, because risking on shady website the only bitcoin that you have for having a profit in the future because of a better value, it would be silly

i know i would hold it to death

Holding is by far the best option. Why risking your 1 Bitcoin for a small profit on a certain site that might turn out to be a scam at some point. It's just not worth it. I would also hold my coins like there is no tomorrow. I know it will reward me greatly after some time. No investment site can come even close to the profit I will make when holding for the long term.
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