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1041  Bitcoin / Bitcoin Discussion / Re: Another Ransom paid using Bitcoin on: November 09, 2015, 08:26:07 AM
Another news that will tarnish the reputation of Bitcoin, looks like the bad guys found a new option to be untraceable and no need to show up to pick up the bag "ProtonMail Sent $6000 BitCoin Ransom to Hackers to Stop DDoS Attack, DDoS Continues Anyway"

http://apexbeats.com/recent/3253-11/protonmail-sent-6000-bitcoin-ransom-to-hackers-to-stop-ddos-attack-ddos-continues-anyway/


Another bad news from the hackers connected with bitcoin. But I don't understand why must tarnish its reputation. The world is full with impostors and thieves which make every day various thefts and frauds with all the kind of moneys. These money don't have any kind of tarnish because of the above actions. Why bitcoin must have? Have no meaning this thing (if it will be so). Lets hope that the Government of Swiss will not follow the example of Taiwan which has banned bitcoin for a similar case. But I don't think that they will do such thing.
1042  Economy / Exchanges / Re: Is coinbase going to be the next "goxed"? on: November 09, 2015, 06:36:16 AM
Everyday I hear more and more bad things about coinbase such as them shutting you down for random stuff like using localbitcoins or even something as simple as buying BTC on another exchange to sell on coinbase..

And recently it has been they want to fork BTC...

For now, I personally will be avoiding them.. (just withdrew/moved the little BTC I had) they sound a lot like gox everyday..  Huh

I am a coinbase user and haven't heard any such bad news about those. I have some bitcoins there and I consider coinbase as a very good online wallet. But seeing your post make me worried. Can you be more specific about those? For example can you tell the source of your bad news or even some (or even one) sources which talk about their problems? It will be a very help for me seeing this things written somewhere... Thanks if will help.
1043  Economy / Economics / Re: My 21BTC Dream on: November 09, 2015, 06:13:31 AM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

I can't find the meaning of your M after the 21. But if M mean million you must wait to long and must be very young to arrive such price. And to tell the right I have no hopes that bitcoin will arrive this price some day. But as a bitcoiner don't exclude nothing about it.

As for the spread of your million dollars have from your 21 bitcoins I find wrong the second option because, I think, that they will be in the other world (sorry for that) when that price of bitcoin will be in that amount.

Anyhow it is a good thing have dreams. Even better if are big dreams. Make the life easier and happier.
1044  Economy / Economics / Re: Shall I hold or invest with %12.5 premium per year ? on: November 09, 2015, 06:02:53 AM
Hello all,

I've good sum of bitcoins, and they represent good sum as well in my local currency.

I was thinking about selling all my bitcoins, lock that fiat money in investing certificates in my bank where I get %12.5 premium per year and buy bitcoins every month (it will take some time to re-buy again all my bitcoins, but not that long, could be 1-2 years as I will include my fiat salary as well).

Or, shall I hold and keep holding ?

If you were me, what would you do and why ?

Thanks in advance.

I will advice to sell only few of those Fakhoury. Or to not sell at all (better). That 12.5% you will earn from the investing in certificates will be easily surpassed by another "bubble" like this that happen this last week. The price of bitcoin rose 100% and drop only 50%. So you have (since today) 50% evaluation of your bitcoins only within one week. With to much probability it will be another one event like this (at least) with the halving (if everything goes as must go) and you if will sell your bitcoin you will find yourself with less bitcoin than before if the price of bitcoin will go at least over the 12.5% given by the investing certificates. Percentage which, with the behaviour of bitcoin, is very probable to happen without to much difficulty.

Anyhow can happen even the contrary. With bitcoin no one prediction and reason can be true. It is unpredictable. Now I see for example that the price of it is about 366 us dollar. So about 14-20 us dollar fewer than yesterday. If you sell now and the price goes more down you can earn even from the further drop of the actual price.

But if it were me I wouldn't sell nothing.
1045  Bitcoin / Bitcoin Discussion / Re: are you think there is a possibility MT GOX version 2? on: November 08, 2015, 07:01:38 PM

Sure that it will be possible. If it will be another Mark Karpeles (with him's abilities) but that cannot be an impostor. And gains with its work and its results the trust of the people which will believe their bitcoins to him.

If this will be true the actual price of bitcoin and the last bubble of it will be considered only children game.
1046  Economy / Services / Re: [OPEN] COINUT.COM ★ Signature Campaign ★ Pay per post ★ Weekly ★ on: November 08, 2015, 05:47:40 PM
OK, you guys will still be paid with the old rate for the posts done in the past before I announced the new rate.

Ok. Seeing the above message, seeing my earnings of the previous week and comparing those with Shorena which have less post than me and earn more and seeing the number of my last post set from Izanagi in its payments spreadsheet (which is the last post make today - two days more than the last day of the previous week) I resign from this signature campaign understanding that I am undesirable here.
1047  Economy / Speculation / Re: What are your plans for YOUR BTC if the price rockets in the future? on: November 08, 2015, 03:22:20 PM
Im fairly new to the bitcoin so forgive me if im wrong in my understanding.
What would be your plans for your Bitcoins if the price per coin rose to 5 or even 10k+ each?


The question dawns on me after thinking about everyone that is saving their BTC for the future.


what happens if everyone that has bitcoins decided to hold on to the lot? if price spikes in a few years then everyone sells? for the same fiat everyone says bitcoin kills? (not a rhetorical question nor sarcasm)

My HOPE is if the bitcoin price surges to ridiculous heights, the bitcoins i have will be able to be spent JUST as i spend my GBP now,

if bitcoin ever got to 10k per coin, ill be spending not selling, is this the same for most? orrrr?

My current approach is, whatever BTC i gain, i will save a little and will spend a little regardless of market value (unless it dropped bellow $150 in which case buy buy buy lol but from what ive read i doubt this) but isnt the spending of the btc what helps in grow? or am i mistaken?

I will think and decide in that moment. For now my aim is to have as much as I can find and accumulate. For sure, if that price will be faster than I can imagine or better think, some of those will go for the University of my daughters. If it will be later (that's my "prediction") I have no plans and don't want to have. It is better when have the money to do the plans then make the plans and then see that cannot be realized. Not because bitcoin will not reach the price I think but maybe cannot be me to arrive that price. Wink
1048  Economy / Speculation / Re: Five digits on: November 08, 2015, 03:15:45 PM

Clearly we are heading to another so-called bubble, and for this time i expect 5 digits to be the limit, a lot of weak hands will be shaken before the peak, and I think this could be only good for the known (but largely denied) matter of btc distribution .

After this "bubble" I predict btc price to crash and stabilize around 1k usd, with many people calling btc dead and selling their coins, for another re-distribution round.

I like these cycles because they are re-distributing the coins, basically if you really belive in btc and just buy & hodl you will end up with a lot more coins than with a stable growth, and weak hands are shaken vigorously   Smiley


Beh, the bubble was but not so big as you wondered. It was about 100% increase of price comparing to the initial one and a drop of 50% of it. I think that is not at all bad. If bitcoin do the same thing every month I will be more than happy. To not forget the very important fact of the drop not in the same amount of the increase but only half of that. If bitcoin will continue in this way the result of price will be always higher and higher and all we (the self called bitcoiners) can be named good predictors for have believe on it since 2-3 years ago when the price was about 30-40 us dollar one bitcoin. Please, remain where you are....  Huh
1049  Economy / Speculation / Re: CNBC Article: Bitcoin spikes 70% in a month; nobody knows why on: November 08, 2015, 03:06:37 PM
For your reading pleasure.
http://finance.yahoo.com/news/bitcoin-spikes-70-month-nobody-203526770.html

Not very informative, but still fun to see.

Many people in the comments section seem to be pro bitcoin and/or defending it from the usual Buttcoiner comments.

It was a tiny phrase which give meaning to everything happen withe price of bitcoin these days and don't justify the title of the article:  Still, O'Connor said volume from the Chinese bitcoin market has been "off the charts," so there may be a genuine upswing in interest from that region.

What want more the author of article to find the why of the increase?   

As for them who tell that the price of bitcoin don't have importance because important it's the technology behind it it's a stupidity. Bitcoin and peer to peer are indivisible. Bitcoin is the first materialized product of peer to peer. As such have big importance. First of all an historical one. To not talk about its qualities as a currency. So, I think, that bitcoin has the same importance of peer to peer and its price is a sign that this firs product of this technology have future or not.
1050  Economy / Speculation / Re: Bitcoin Technical Analysis for 11/8/2015 Stability in sight on: November 08, 2015, 02:53:04 PM
I don't think that this weekend was at all boring. At the contrary are some of the most important days in the story of bitcoin. If these "boring" days will continue we will have gained a very big achievement for bitcoin. The first signs of its sustainability. These days bitcoin has remained at his price reached about three days ago. If it will continue we all must be amazed by him. The theory became reality. Most of us have told that with the spread of bitcoin its volatility will be increasingly fewer. This its behavior is the first sign of this theoretical hope. Can you imagine if this behaviour of bitcoin can be repeated every time when it will be increase? Go high 100% and then go down 50% and then stabilised there. And always with few amplitude? It is a big achievement this. We must celebrate this moment. It is a sign of the increase of the spread and the hope that (the new and the "old") people have on bitcoin. But bitcoin must continue to remain here where it is.

Let's hope...  Huh

Why do your posts always sound like some story from the bible?

Correct me. If can be convincing I can change my style. If not can do this, don't read my posts. Ignore me. You had a button under my nick. Click to it and nothing from me will appear to you. But I see that you are one my followers. Otherwise I cannot explain this your post. Are you some kind of masochist...  Huh
1051  Economy / Speculation / Re: Bitcoin Technical Analysis for 11/8/2015 Stability in sight on: November 08, 2015, 02:42:21 PM
I don't think that this weekend was at all boring. At the contrary are some of the most important days in the story of bitcoin. If these "boring" days will continue we will have gained a very big achievement for bitcoin. The first signs of its sustainability. These days bitcoin has remained at his price reached about three days ago. If it will continue we all must be amazed by him. The theory became reality. Most of us have told that with the spread of bitcoin its volatility will be increasingly fewer. This its behavior is the first sign of this theoretical hope. Can you imagine if this behaviour of bitcoin can be repeated every time when it will be increase? Go high 100% and then go down 50% and then stabilised there. And always with few amplitude? It is a big achievement this. We must celebrate this moment. It is a sign of the increase of the spread and the hope that (the new and the "old") people have on bitcoin. But bitcoin must continue to remain here where it is.

Let's hope...  Huh
1052  Economy / Speculation / Re: Poll: What Will the Bitcoin Price Be in 2016? on: November 08, 2015, 02:27:35 PM
Seeing the signs given by bitcoin these days and first of all the stability shown the last three days (hoping that its behaviour will continue to be in the same way) I think that the price will have for sure increase after halving. As for the amount of this increase I think that it is absolutely unpredictable. If bitcoin is yet able to have increase of price about 100% within two days and then decrease for about 50% I think that telling prediction of price during the next year (which have 365 days) is something that have no sense. No one can know the behaviour of bitcoin and there are not any Central Authority which can influence or control in some way its behaviour in the market.

So remain to hope the increase of the people which will know it and will be attracted by him. This is the only secure way which will increase the real demand in its market and as a consequence even its real price. I gave a vote (over 1000 us dollar) at the poll but only to give a figure and not because have a base in my prediction.
1053  Economy / Speculation / Re: When will bitcoin reach 500 USD again ? on: November 08, 2015, 02:14:48 PM
I think that it will not increase again at 500 us dollar. But if will continue to stay at this level in which is now it will be again a big achievement. The remaining in a higher price than the beginning one before the increase testify that the demand has "suffered" an real increase and this a very good sign. More people want bitcoin and more people want more bitcoins than they have. They buy bitcoin because have hope in this currency. This is the first sign of the good name that bitcoin is gained. And, its hoped by everyone of us, future. The signs are very encouraging. But if only will stay here where it is.
1054  Economy / Speculation / Re: BTC Price going back to $250??? on: November 08, 2015, 02:05:37 PM
No,Price are not going under that much.There is nothing to be worried about as 380 + is the range where price will be stable and then most of the time will remain over 400 $ which will begin to seem in couple of days.

Agree. Seems that this time the price has "trapped" around of the 380 us dollar. There are about three days which is in this range. If it will remain here it will be a big achievement for bitcoin. If it will continue in this way (go high 100% and then go down 50%) it is a sign that the increase of demand is real and this evaluation will become sustainable. The spread and the known of bitcoin will give their first expected signs. Signs that are predicted by to many of us and since these days were only theory. Lets hope that the signs are the real ones which were wanted by everyone of us. But he must stay here where its is. If it will be so....   Wink
1055  Bitcoin / Bitcoin Discussion / Re: Pay for the companionship of a Supermodel with Bitcoin. All Money is Money! on: November 07, 2015, 12:46:45 PM
I guess that escorts are now getting smarter. Or some rich man with thousands of bitcoins gave an escort some bitcoin and she told all her friends and the word got
around that bitcoin is much better than fiat. Maybe the escorts actually have larger brains than their predecessors and now they know how to invest and use bitcoin.

You have totally wrong conception about the escorts. As I told in my first post in this thread those girls are very intelligent (in most of cases) or normally intelligent (in the other remains). They know exactly what they want from the life and from everyone which prefer their company. They have mostly University or College degree and have to many kind of knowledges which make the stay with them a very satisfactory experience. They are not only sex but even brain. This is even the reason of the very high price which must be paid for having their company. I'm talking here for the true escorts. Not for the fake ones. The above qualities make possible that they can be named escorts and not otherwise (prostitute, bitch, whore, tart, harlot, slut, strumpet, slag, moll, floozy, streetwalker and another names like those).
1056  Bitcoin / Bitcoin Discussion / Re: Brazilian exchanges hit all-time volume high in October on: November 07, 2015, 11:35:17 AM
its an immpressive volume,and really corious what make this happen. is this have any connection with bitcoin raises?or they realize that bitcoin or cryptocurrency have a good potential,so they decied to trade as many as they can,i know that brazil one of the most many people using bitcoin there. but why it happen just this month?lets see what gonna happen next month.

I don't think so. Maybe I can tell even no. This increase of volume, as it was reported and told in the article (or in my post) was reached during several months and not immediately. I think that the last increase has to do with the big demand came from China. This enormous market can have the power to make those kind of changes in so few time.
1057  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: November 07, 2015, 07:46:03 AM
nothing is wrong in this world, it is upto you how you approach and perform, gambling in casinos and dice games are clearly known that no one can win with the house. out of 100% only 10% wins because they just play for some time and after winning they leave this site or game and go for another site or game. but for long term they lose everything even their savings.

How is this? Nothing is wrong? And the killers of innocent people? How about the politicians which exploiting their positions and the trust given from the simple people to become rich stealing money everywhere and where they can? How about the thieves which take everything earned with the sweat and effort, sometimes even killing the people who steal.

As about the gambling your position is the position of someone indifferent related to the problems that cause bad thing. It is not so simple like you write. Gambling is not a simple game but an evil one. Attract with the fun and the hope to win when everything is calculated to create addiction from it and loss of money. The hope to win make everyone greedy and every win will go again in the pockets of the owners of the gamble owner. As has told someone here in bitcointalk in his post. The casino know that every winner will come back again in casino to win again. And that's the end for him. He will lose all the money won and even all the other ones have in him's pockets.

No no no.  You cannot compare gambling to killing people.  That is just silly.  Gambling is a thing you can do, no one is forcing you to do it.  Just because a few people in the world have a problem with it, doesn't make it a bad thing.  I enjoy gambling for the fun.

In general, the world needs to stop conforming to a few bad apples.  Oh they drank too much?  ban alcohol?  They gamble too much?  Ban gambling.  No, fix the problem with the people doing it, don't ruin it for everyone else.

nothing is wrong in this world, it is upto you how you approach and perform, gambling in casinos and dice games are clearly known that no one can win with the house. out of 100% only 10% wins because they just play for some time and after winning they leave this site or game and go for another site or game. but for long term they lose everything even their savings.

How is this? Nothing is wrong? And the killers of innocent people? How about the politicians which exploiting their positions and the trust given from the simple people to become rich stealing money everywhere and where they can? How about the thieves which take everything earned with the sweat and effort, sometimes even killing the people who steal.

As about the gambling your position is the position of someone indifferent related to the problems that cause bad thing. It is not so simple like you write. Gambling is not a simple game but an evil one. Attract with the fun and the hope to win when everything is calculated to create addiction from it and loss of money. The hope to win make everyone greedy and every win will go again in the pockets of the owners of the gamble owner. As has told someone here in bitcointalk in his post. The casino know that every winner will come back again in casino to win again. And that's the end for him. He will lose all the money won and even all the other ones have in him's pockets.

Gambling and kill people are totally different. You cannot link the two. Kill people is affecting other people's lives. Gambling if doing responsibly, has nothing to do with other people.

For leex1528 and Eastwind:

No one linked the gambling with the killing of the kill of someone. Even there are to many the cases when various people kill himself for the loss having in gambling. At least in my country there are such cases. My post, in its first part, was aimed to answer to the part in bold of the post quoted by me which told:nothing is wrong in this world. If you cannot understand this I cannot do nothing. You must learn to understand what the others tell. After giving the answer to this part in bold (which talk not about the gambling but about EVERYTHING bad in the world giving some bad and wrong cases in this world in order to show to the author of the post that the wrong exist in this world and its sentence was wrong) I give my answer and my point of view about gambling. In the next paragraph. And only the fact that I begin a new paragraph mean itself that is another thing that it will be treated.

As for gambling no one has told that must be prohibited. Where is written this in my post? In my post is written only that gambling is evil (and I tell again this) and must be fighted. But not prohibited it. Prohibition make the people to have more desire for the prohibited thing. So we will have the opposite of that we wanted. The fight must be done explaining the bad that gambling bring for everyone who gamble in long term and even this is made for fun. I tell that gambling bring addiction. This addiction bring lost of control for everyone who gamble and as a consequence loss of all its money. Continuously. Every day. Without end. Until the moment a doctor is called and the addicted person is treated by him. That's my post. Nothing else. All your interpretation are only your interpretations.

It will be good for you that before write something or comment something try to understand well what the others write and not to write the first thing that "tinkle" in your mind. Only to make a new post and to have in this way some other money from your signature campaign.
1058  Economy / Speculation / Re: Why price skyrockets when China wakes up? on: November 07, 2015, 07:02:03 AM
maybe chinese connections are buying bitcoins in china , then send it to their connection in the West , so they can sell it again.
maybe chinese state is behind this to buy up the american economy in stealth mode

Maybe after buying the American economy (naturally in stealth mode), Chinese (always in stealth mode) will offer to sell the American economy to the Russians (which recently are made their best friends) with a cheap price (Russia in in crisis and have not to much money); always in bitcoin. But there is a problem there. Russia has banned bitcoin. So don't have such. What must to do? Chine advice Russia to buy bitcoin in the bitcoin russian black market. There are to many there. Then Russia did this action and buy (always in stealth mode) from China the American economy. Then begin the exploitation of this economy and to become rich. At the end of this story China has its bitcoins from the sale of American economy to Russia, Russia has the American economy to exploit it and the rest of world become happy from such actions. Then katafrag woke up from the wonderful night had from such happy dream and make the above post. Anyone know that must fight that your dreams become true. Katafrad began him's fight from bitcointalk. He wrote only the first part of the dream. To create more suspense. The second part will be wrote tomorrow or in the day that Katafrag will find the most opportune. As about us remain only to wait ....


Friend, my advice: you not make such like remark to any foreign BB (bulletin board).

Of course China in a stealth of course China will take bitcoin.

Not want USA economy value not even of 1 bitcoin!!!!

I would love to understand your advice shamati if you will explain it in english. Otherwise, despite my big desire to learn from you, I cannot do this. I am not a very good english writer and some times do errors. But at least I am understand by the others. This thread here is written in english and we who made posts understand each other using this language. As I understood the post of katafrag. Please write in english in order that me understand what do you mean with your words and give to you my answer.

But before your new post be secure to have understood well what I have wrote.  Wink
1059  Bitcoin / Bitcoin Discussion / Re: Brazilian exchanges hit all-time volume high in October on: November 07, 2015, 06:50:27 AM
Great to know there are active BTC exchanges in Brazil I didn't know that.

Bitcoin is booming there. Over the last few months, the volume of all bitcoin trades have risen from 1.65 million us dollar to 2.6 million us dollar, showing a 158 percent monthly increase in trading volumes across all exchanges. This was happen although the reputation of bitcoin there is not good. But even with this reputation bitcoin is regulated by the brazilian Authorities since 2013. Anyone can understand easy with this case the power which have the process of regulation for bitcoin. Everything which happen there related with bitcoin (including the above facts) is a direct consequence of its regulation in this country.

See for more here: http://www.newsbtc.com/2015/09/04/bitcoin-trades-undergo-surging-volumes-in-brazil/ and here: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country
1060  Economy / Speculation / Re: Why price skyrockets when China wakes up? on: November 07, 2015, 06:32:22 AM
maybe chinese connections are buying bitcoins in china , then send it to their connection in the West , so they can sell it again.
maybe chinese state is behind this to buy up the american economy in stealth mode

Maybe after buying the American economy (naturally in stealth mode), Chinese (always in stealth mode) will offer to sell the American economy to the Russians (which recently are made their best friends) with a cheap price (Russia is in crisis and have not to much money); always in bitcoin. But there is a problem there. Russia has banned bitcoin. So don't have such. What must to do? Chine advice Russia to buy bitcoin in the bitcoin russian black market. There are to many there. Then Russia did this action and buy (always in stealth mode) from China the American economy. Then begin the exploitation of this economy and to become rich. At the end of this story China has its bitcoins from the sale of American economy to Russia, Russia has the American economy to exploit it and the rest of world become happy from such actions. Then katafrag woke up from the wonderful night had from such happy dream and make the above post. Anyone know that must fight in order that your dreams become true. Katafrad began him's fight from bitcointalk. He wrote only the first part of the dream. To create more suspense. The second part will be wrote tomorrow or in the day that Katafrag will find the most opportune. As about us remain only to wait ....
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