I still use Polo and the order book looks close enough still so yea BLK is just not that expensive or used in a ton of goods I guess so not that much volume vs bitcoin.   Its a tough market out there competing with all the other coins.  


I noticed blk on a website for sending grams of gold though, thats nice to see and it didnt seem to mind when I forgot the transaction fee and sent slightly less then arranged.     Only hitch is it had me send such a small amount, maybe its a starter thing but I'll enquire about it if they dont let me send more tomorrow or a decent amount later
 

My wallet is being weird at present, I guess its a presentation thing as when I check on the blockchain explorer it sends and receives what I wanted.   It currently displays staking and its just stuck like that, not showing transactions Ive done but does show the stake reward each time.   Guess I will mess around with the blk files but its not a machine I use, its awkward and slow from being an old machine :p


Also tried out the android app, worked fine.  super fast setup, nicely done.  Not sure it could be any simpler.    It got confused on the QR code for receiptant as the amount being requested was included and it then rejected this as a valid address.   I realised this after skipping to the contacts page where it scanned, objected to but displayed and let me edit the newly scanned address.   Then it was a valid address, I saved and used the contact in the transaction and it let me send blk I had got seconds before, small hitch
Tried Linux wallet briefly but Im a clueless noob, failed at first hurdle; I'll look at a guide

Bitcoin is transactional we all know that.   The amount of data it stores is quite small though its a unique and lasting encryption perhaps but the store value side of it is the minor to its ability to transmit value faster, cheaper and securely over gold.   Gold requires additional security to ensure its transaction is safely done, bitcoin is self contained and slimer.  
Gold I accept but silver is industrial and varies more over time and has less advantage over bitcoin and its own variance.
https://i.imgur.com/J5JFDov.png
Here is a small picture of flipping between the two, some tiny gold transactions.  In theory its now possible to move grams of gold cheaply between consumers for transactions, though fractional base coins have existed before this is more exact but reliant on a more central system.  As per the statement above, bitcoin cannot be replaced by gold either they are distinct

Gold is usually rare but it has at times been found in large quantities with little effort, its still possible this can happen again.   There is massive amounts of gold in the earth still but mostly we presume it will only appear when distributed.   In theory we can get gold from outside earth as it was never produced here, a comet with gold is not impossible and I think South Africa is related to this historic event.   ie.  Its not perfectly regular either

Arent Pension funds controlled by government already some of the largest holders of government bonds.   If they are holding at high prices such as now which is not justified, they will see losses.   Perhaps the pension will give out lump sums as a bond and the loss of value over time from its return is with the pension holder who is now getting 3% PA with 10% inflation

On that basis when USA debt unwinds, it will make dollars worth less as the price of investment attributed to that debt does not result in higher productivity at the end term of the borrowing.    The stock market crashing as bonds fall in price I do not see happening unless these shares cannot refinance themselves, if bonds default that would lead mostly to higher dollar I guess with lower prices.  The real problem is treasuries will pay out alot more money that was produced in QE into the economy unless value is destroyed by default.   I think stock prices stay within their long term average as currency becomes cheaper which is the denominator to the price, especially for any international stock not tied to finance in just one currency.

Trump could do all sorts, but the most likely does just seem to repeat big debt deficit spending.   He'd need alot of guts to try and reign in the circle of repurchasing of bad debt with more debt and then he'd be correcting rates to above inflation.

In regards to bitcoin it only has to be more stable then dollars fiscal problems, it should appreciate then.

The colored horizontal bars on the Mat chart are volume at exchanges I take it ?

<3    Im your huckleberry, or possibly rojan could steal me away with those assets if real :p       I can possibly offer a good price for reposting as I deal with parcels anyway if you give me details of what Im posting to where roughly

Bitcoin is already competing with fiat right now and its found wanting in comparison, just on a real base level its not as convenient or as simple to use and retain without loss.     Bitcoin does have flaws and with any big technology its never the first instance which is the most successful.  The model T Ford was great and very good at its time but it was not first not even the best car at that point in time but it was likely the best of all different societal factors.   Eventually just the popularity is one of those factors as industries pop up just to service this car or produce 3rd party parts.  

Im fairly certain bitcoin will not succeed if it stays static or anywhere near how it operates now.   Doesn't matter if Im a fan but its just not the right product for billions of people, the majority of which dont care how it works they just need it do it without any fuss or danger just like with a car most just want a nice colour paint.

A second generation of developers have to make that true, to be a competitive and truly capitalistic renovator of failed fiat.   The conclusion might be then we see an alt coin take over, it doesnt have to be that but evolution I think is a certain requirement and maybe not replace but fully compete on every level as said above.  

14 years isnt a long time to wait to get all your money back and on top still own all the assets of the company.    The speculation part exists in those 14 years, will profits continue for that time and if so its a valid investment at least breaking even.

Many think the market is driven by flashy traders but its all centered around long term investors.    This is eventually what brings down markets, such as the sub prime debt setup that was fine for a while.     So we disagree, I think people own Apple to gain a share of the valid company profits.    They made a perfectly reasonable business last year, profited and shared that gain with investors.

It is a brand name in a varied market but so is Coke and they done fine for decades because they held onto something unique and that flavour is valued by enough people they can charge a quite large premium over water and sugar and thats all it is.   Apple is simple and yet also a valid profit in a similar way.

My argument for bitcoin is always it has to be easy to use, its using clever tech and modern communications but it must layer that to give masses of people a 1 click solution.    If bitcoin cant do it, others will.   Capitalism is always about comparison and competition, Im calling Apple valid business for the moment and even though I prefer PC I know many users value it.   Most of the share price reflects normal business expectations and probability.   When optimism is too extreme and not even based on current results, I agree its speculative and unstable; this exists but Apple isnt most guilty or even (most) big Oil AFAIK.

Some accuse Bitcoin of being all speculation, it has a use too though.    Oil price is speculative as we know there are giant reserves but utility requirement for it is there also, I would argue world growth requires oil or very large development in energy alternatives, currently too slow

[14 years roughly equates to 5% interest compound in comparison to a normal savings account.    Then we can compare that to debt such US treasuries which are grossly overvalued and this shows in their rate of return of 2.3% and thats after it rose alot.   The figure for apple excludes the dividend they also pay.   The extreme contrast was early 80's USA debt at 16% yield, low mark for valuations with much fear and low speculation at least in treasuries - today we are at high point]

Yea I know what you mean, I got access for a while and the server is there but its operating really slowly.   Spoke briefly to Live chat support and they just said they got ongoing issues.   I would guess that means they'll fix it when the server staff are available, I presume tomorrow.  Doesnt seem much point trying anything at present

It just logged in for me after it mentioned for half an hour code 503 and Apache previously.   You may want to try now, I presume they are under high load and were doing maintenance though Im not sure on the schedule for that.

Im right in saying the internal  system roughly equates to mbtc, not sure if Im remembering that correctly or not but pretty sure thats it


https://twitter.com/betcoinag

The only way to gain from here is to learn from mistakes and over time you will gain more then you have lost here.  Learn a life lesson and you will be better off as an alternative to repeating whatever incorrect assumption you made that led to this loss.   Thats the only refund possible, I say that as someone who has made alot of mistakes all you can do is try to stop the mistakes you repeat most often and if you can do that it was worth what you lost to get past the mistake.

I agree with whats said, the casino cannot refund a simple gambling loss.  The money is used to pay winners, its not their money to return or to reverse the transactions as it belongs to those gamblers also winning bets as you had lost.
The statistics of 'this is impossible' I think would determine it is possible and odds of your combination loss are not too highly improbable.    If I bet heads on a coin flip and it stayed tails 10 times in a row, that does become increasingly unlikely but each of your bets varied.   Maybe somebody good at maths can calculate your exact probability on your game outcome

Bitcoin will be cheaper when dollar depreciates.   Thats the first effect at least, dollar has too many notes produced which means it becomes a cheaper currency overall.   The wages in dollars will rise and even company earnings appear to rise (especially exporters), all of that is inflation.     As that begins to happen, more dollars are available which means bitcoin can be purchased more easily

So the first effect is bitcoin is cheaper in dollar, very likely is that the dollar bitcoin price then rises as the supply of bticoin is limited.    Bitcoin has not become more expensive all by itself, its just that some people have more dollars to exchange.  Some dollar earners or just savers will not see this increase, it happens unevenly and as price rises it appears bitcoin becomes more expensive as their own dollar income has not risen.

When we look at QE programs and the massive rises in treasury debt, this is where most dollar inflation is contained.   None of the common people have a direct link to this revenue stream, its very likely they will feel poorer as this inflation occurs, prices become uneven to incomes.   Its volatility and instability in dollar, bitcoin should prove more useful in that case.

Apple doesnt resemble vapour ware.  The shares arent on a high multiple to real earnings, the market has some doubt in their future revenue.  The main thing inflated for Apple is their profit margin directly with the customers.   They retail quite directly to the customer and in some cases might be making upto 70% of the price in profit.   You can argue this profit goes to future design and innovation to keep customers with the most easy to use devices.  
Across the board Apple rates as the most reliable, highly sought after most preferred design of any pc, their customers do genuinely like the output of the company.   I dont think its just a trend but with some people a requirement to use a computer and be happy.

So long as their customers are rich enough to endure 70% profit margins and consider it a good purchase then Apple shares are not due to fall.  In a recession maybe Apple suffers worse then others as the alternative is people start to buy the cheapest hardware and foresake ease of use for pure value.      Vapourware would be something else where the proposed utility was non existent and there was no value in any design in theory or even in production.

For OIL the premium relies on lack of innovation, both in oil extraction and alternate energy.   Also demand for energy is rising and many of the worlds largest countries dont have cars as commonly used still as the west

Aramco is largest company probably if you value the reserve assets.   All of the largest companies are national or not public.    Aramco might be cheap at its price because of doubts on control I guess, it may rise quite well after listing as hopes speculate upwards or the oil price goes up

Apple does not produce the goods really but owns the rights to each design.   It cant be called pure speculation because of that, some people may prefer raw assets but this also is not real value until sold.   Presuming the Saudi oil is all real and as easy to extract then the value of that company is larger then every other oil company on earth, the listed ones anyway

Berkshire owns real business, thats the majority of its holdings I think.   He also deals in contracts and insurance of course and more virtual profits but Warren Buffet is very much interested in real productive business.  Its just he buys other peoples or large shares in them like Coke and he is their largest owner, he is given a free coke machine and free stock though the company is massive and BRK is not the controller.   None of thats speculative apart from the normal price in every share presuming future earnings, thats just investment.
He also owns an oil company and a rail company maybe 10% of IBM not sure but any larger owner is public record and nothing he does is that small afaik

Im not sure how Bitcoin is really dependant on dollar in this way.    Its a question but I think the answer is when dollar gets 'cheap' you then have alot of people in other countries who are richer and more able to buy various products.
One of those products now 'cheaper' would be bitcoin so why would the price crash in this case Im not sure why.     The only main thing is people who earn in dollars are less well off, I dont think bitcoin revolves around just USA citizens

The trick to increasing money is not to always bet the same amount, you must determine when your odds are best determined towards a win.   This is when you bet more, you wont always win but betting less on the weaker odds means you hopefully gain more then the losses.     Takes a minor genius to have a good idea when, I prefer sports betting quite often but some know when cards are in your favour or not and can do this system.   Some are so good at it they are banned from real casinos :p

If by sit on ass you mean invest wages and withheld value instead of spending and requiring goods immediately for their labour.    The modern alternative is to reward and to gift money to politics which spends it as it wishes without restraint or in proportion to the benefit it brings.   The inflation of the monetary base to subsidise a government is far closer to a taxing situation then just allowing those who have earnt value at a market agreed price to invest and gain interest for delaying importing goods or using up domestic supply, its proportional not unfair ?
  Not spending when technology allows such a big advantage in utility does not seem too easy or iliquid a situation, it might be less rewarding

It does also depend which currency you consider bitcoin in.   Surely there is some rising country with a national currency comparing well or least far better then dollar vs bitcoin.

Dollar is not a solid rock to measure distance by, it moves all by itself.  Just about the price of anything vs dollar should rise over time if we consider its decline since 1913

I was looking at the logs for large bets and one guy is hammering 4 btc on his bets each time and winning.  I would guess most of these operations dont throw that kind of payout and not require a few weeks to recover from overall business, that is why they need the backers


Well I said that with my cryptsy royalty shares, I did get back my money.  I do wish I had withdrawn a little more over time as well, it was only a small holding so fees made it awkward.  No big deal I guess, I was even to slightly ahead with btc rising.  That was with speculative gains, investment wise we know cryptsy failed to do its job right and there is a risk with centralised holdings always to remember

Noticed this company is offering a referral split and a bonus for new deposits.  I'm happy to refer anyone on request and split whatever bonus is paid between us to help your first deposit.

The main limit seems to be deposit must be made in 7 days of registering so feel free to check it out first and contact me via this thread.    The account features a link to a mastercard for deposits which helps make it more practical then many small gold holdings

Quite a few upsets in that minor LAN.  Not sure how dreamhack will go as the teams have been 'away' for so long it seems.   Upsets to start possibly ?

Rogue is doing very well,  Silent and Di on Muffin lightning threw off my bet as well, silent is often on upset teams though in theory not a top tier player and I missed his name in the lineup unfortunately