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10761  Economy / Speculation / Re: Are you ready for the ride? on: May 20, 2015, 12:28:52 PM
Great news, but not something that will trigger a small rally. More than a year ago we would have seen a 10% peak with this news.

When the rally comes it will be to late to board the train Smiley.

Perhaps this is the "it's coming" signal.

It depends on who you are reffering to regarding being to late to board the train. Smart traders have bought in way before now at lower price levels  Wink

At this point it's just a matter of relaxing and watching the price climb.
10762  Economy / Speculation / Re: Are you ready for the ride? on: May 19, 2015, 08:59:35 PM
Great news, but not something that will trigger a small rally. More than a year ago we would have seen a 10% peak with this news.
10763  Economy / Auctions / Re: DogecoinMiner.com auction start $1 on: May 19, 2015, 08:57:17 PM
When will the auction end?
10764  Bitcoin / Press / Re: [2015-05-19] New York Stock Exchange Launches Bitcoin Pricing Index NYXBT on: May 19, 2015, 08:54:43 PM
Great news, this is just the beginning. It shows they take Bitcoin serious once more. Also, it looks like more and more high rated companies will use XBT as nomination.
10765  Economy / Speculation / Re: why we should all be bulls in the longer term on: May 19, 2015, 08:51:02 PM
I think the phrase 'longer term' is what is driving much of the angst on here.

It gets harder by the day to deny that Bitcoin is going to end up finding some type of place in the wider world.

It's also rapidly dawning that that's something which'll take many years of slog to achieve.

An awful lot of people piled in expecting super early adopter-style gains. That type of explosion is easy to pull off from zero. To go from here to enormity requires real work, real time and the provision of real utility.

Someone getting in now might still end up with a significant gain in buying power. If that takes 10-20 years to achieve it suddenly sounds a lot less sexy.





5x the value in 10 years? That's 500% return if you buy now, where else can you potentially gain this amount? People should stop expecting 500% monthly and get realistic.

Nowadays with all the ponzi's and scamcoins certain people are used to 100% gains in a week. Everything below that is a waste of time for them.

Serious investors are more than happy with a 10% gain per year. Just wait and have patience. Holding Bitcoin is the best option.
10766  Bitcoin / Bitcoin Discussion / Re: Is there an actual Bitcoin bank yet? on: May 18, 2015, 11:16:53 PM
I haven't really kept up with what's going on in the banking side of the Bitcoin ecosystem, but I was talking with an acquaintance about Bitcoin and he mentioned something about an actual Bitcoin bank. A quick search yields results that are all over the place, so I'm turning to the members of this forum to see if anybody has any info. Does anybody offer an insured solution for storing coins that pays interest? The closest thing I can think of is Circle, but I don't think they pay interest. Any insight would be much appreciated.

Why would you want to let your coins get stored by a third party to get a lame interest rate? Bitcoin is great because WE ourself are a bank without using a third party.
10767  Economy / Speculation / Re: Why Are People So Pigheaded About Future Bitcoin Price? on: May 18, 2015, 11:11:34 PM
It's really starting to annoy me.

I mean, the price of bitcoin has been falling for at least 15 months. It could continue to go down, there is no guarantee it will go up.

Yet you still get all these idiots going "if it drops I will buy more" ... How much lower you want it to go ffs.

"people are waiting for the price to go even lower so they can buy more coins" ... really?

People hold coins for obvious reasons. A lot of them are bag holders. They try to make themself happy with the hope the price will go up. Can you blame them?

I am one of the "idiots" who will buy more if the price goes down.  Grin Smart traders know how to make money  Smiley
10768  Economy / Services / Re: Up to 0.035 BTC weekly for YOUR SIGNATURE *New rules on: May 18, 2015, 11:08:04 PM
is this campaign still on :?

Yep.
10769  Bitcoin / Bitcoin Discussion / Re: Why is no one uses bitcoin.com on: May 18, 2015, 12:13:57 PM
Maybe he would consider redirecting it to bitcoin.org while the domain is not in use?

That would seem to be more beneficial to the currency than a dead domain.

For me, bitcoin.com domain is already re-directing to:
https://bitcoin.org/en/

I'm sure it must not be only me, though?

It is now redirecting to bitcoin.org, it wasn't like this yesterday. Perhaps the owner Mr Ver has changed it due to this thread  Smiley
10770  Bitcoin / Bitcoin Discussion / Re: How I managed to boost the Bitcoin economy at zero cost on: May 18, 2015, 11:41:24 AM
For those of us who are not great spenders and are not into the latest gadget it is sometimes difficult to spend our stash of bitcoins. Well, now I have found a way.

I have cancelled my 9 year running subscription to a non-profit for 180 euros per year. I will need some self-discipline to keep my donations going, but for sure they will be only in bitcoins.

Is that the same non-profit org accepting Bitcoin and you now use that option, or simply left it to donate to other causes who do accept Bitcoin?
10771  Bitcoin / Bitcoin Discussion / Re: What Does The CryptoWorld Needs Now? on: May 18, 2015, 11:37:15 AM
It needs to be used by more people,it needs to be trendy,easy and everywhere
I think that easy and trendy are the key,every day are appearing easier ways

I couldn't agree with you more.
And in order for that to happen education is of high importance.

That's right. Education is crucial. Would you use something when you don't know what it is and how it works? Don't think so.

With all the bad news from banks and certain countries people are looking for different options to pay and store money. Give it time.
10772  Economy / Economics / Re: While banks keep failing, Bitcoin has proven to be reliable on: May 18, 2015, 11:32:03 AM
its still hard to believe that bitcoin will replace fiat.
banks that are weak are failing, thats true tho

Not hard at all, just don't think about it. Bitcoin will never replace fiat.

Banks will update their old fashion system to something related to the blockchain. Which will give them 20 years or so without having to worry about the blockchain getting "old" like their current system.
10773  Economy / Auctions / Re: DogecoinMiner.com auction start $1 on: May 17, 2015, 03:18:43 PM
Why not. I bid $1  Cheesy

What happens if no one else bid, do you cancel the auction or are you going to reduce the $10 increments as it is way too high.
10774  Other / Meta / Re: Newbie accounts used for trolling on: May 17, 2015, 03:08:36 PM
Well known troller clowns are creating accounts to troll with like it's nothing, why can't an admin not simply set a limit of accounts being created per person per timeframe.

For example 1 account per week or so, that would reduce these nonsense threads by a lot.

What 'reference' will you use to create and apply this limit, the trolls can use unlimited IPs (through : vpn, proxy or tor). I think it is not so simple, the unique way is to continue report the posts and the Staff will check those users.

I know they can use plenty of proxies to create accounts, but at least it shows that the site is doing something to reduce this nonsense.

Most of the ip's that come from various sources are well known and can be blacklisted as far as creating accounts goes on this forum.

1 account per ip, per week, doesn't seem like an unreasonable rule. It won't stop them, but it will reduce crap being posted.
10775  Bitcoin / Bitcoin Discussion / Re: Why is no one uses bitcoin.com on: May 17, 2015, 03:02:39 PM
He is rich enough,no need sell it or make money with it.

Being rich doesn't mean he is not willing to make good money with it. He could get a decent amount with it if he decide to let some one lease it.

Same with btc.com from gaw, some one leased it till 2018. Great way of generating income out of nothing.

A lot high quality domains have not being used for years and years. Which is a shame, they could have made thousands with it.
10776  Other / Meta / Re: Newbie accounts used for trolling on: May 17, 2015, 02:53:21 PM
Well known troller clowns are creating accounts to troll with like it's nothing, why can't an admin not simply set a limit of accounts being created per person per timeframe.

For example 1 account per week or so, that would reduce these nonsense threads by a lot.
10777  Economy / Speculation / Re: Do you really think bitcoin price will pump to 1000 dollars after.... on: May 16, 2015, 01:46:08 PM
It is very possible, I can't think of a reason why it shouldn't go over $1000 with high demand and great news after 2016.

The only thing I hope for is that merchants at some point will keep at least 50% of the Bitcoins that they generate via sales, instead of converting 100% of the amount into fiat currency.
It is only an expectation, and if we will hope for ever .... I think you know what will happen.I do not think they will hold, if the price will be good they will dump a large sum of bitcoin.


I know at some point merchants will dump the coins they earned via sales. I only meant to say that instead of directly having 100% converted to fiat, they keep a part of the coins for a while to sell it for a better price later. I'm sure tech related companies will have more interest in doing so than non techies.
10778  Economy / Exchanges / Re: Which Bitcoin Exchange do you use and why ? on: May 16, 2015, 01:39:04 PM
Use Cryptsy we just celebrated our 3rd Birthday, and still going strong! You can buy numerous altcoins as well as Bitcoin.

sometimes deposits are too slow there(and withdrawals too), it's that fixed already? because despite this there is a huge volume which make cryptsy an interesting exchange for moving big amount

Cryptsy and huge volume? Title says Bitcoin exchange. Cryptsy volume is generated by altcoin trading. Their BTC/FIAT volume is not even worth mentioning.
10779  Bitcoin / Bitcoin Discussion / Re: is btc.com related to gaw? on: May 16, 2015, 01:10:45 PM
it,s a bitcoin news website?

It looks like it. Months ago the website stated that something big was going to happen. I have never seen anything after that. Site looks good though.

Edit :

I found this on their site.

Quote
The BTC.com domain was acquired By GAW Miners, LLC, However Bitcoinist LTD signed a private, long-term lease agreement until 2018.03.11. The licensee is Bitcoinist LTD and the licensor is GAW Miners LLC. Bitcoinsit is a Private Limited Company registered in ENGLAND ( Company Number: 09048848 ) HOVA HOUSE 1 HOVA VILLAS, BRIGHTON & HOVE, BN3 3DH But has its Headquarters in Budapest, Hungary!
10780  Bitcoin / Bitcoin Discussion / Re: is btc.com related to gaw? on: May 16, 2015, 01:03:53 PM
is the website btc.com related to gaw?

Yes.
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