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10861  Economy / Speculation / Re: The Price Is Right on: April 27, 2015, 08:52:55 PM
Its better to prepare and holding bitcoin and forget it ever exist then come back to it.

Cause all this does is add stress to the individual, who knows.

If you held 20 btc and forgot about it then come back to it since you can be up $20k potentially if prices skyrocket over time.

It doesn't add stress at all. Only people who are not really made for investing experience stress. These people shouldn't get involved in investing money.

People are here to use Bitcoin every day, not to forget it for a few years. And even if that was their plan, only 1% of the people would be capable of doing so.
10862  Economy / Speculation / Re: BTCe action today on: April 27, 2015, 08:46:27 PM
What is this action about? Can't find anything so far. Even on reddit there is nothing that indicates the sudden jump in volume. Perhaps a whale trying to make some fun.
10863  Economy / Speculation / Re: Bitcoin will be less than 100$ by the end of the year on: April 27, 2015, 02:08:25 PM
Nope. By the end of the year we're very close to the block halving. It wouldn't make sense to see it going down that much.

By the end of the year we'll be at least over $300. Buy in while you still can at current price. Better safe than sorry  Smiley
10864  Economy / Economics / Re: Buy now or wait ? $41,000 to invest in bitcoins and litecoins on: April 27, 2015, 02:02:57 PM
Every day that you don't get in the market since we went sub 300 USD is taking a risk. The rally will happen when least expected, and if your orders aren't meet before that happens you'll regret for life.

Traders who have no experience at all will start with buying once they see the price is rising. Mostly it's already too late then. That's why they say "Always when I buy, Bitcoin is going down"
10865  Economy / Auctions / Re: [Domain] bitcoin.reviews on: April 27, 2015, 01:55:47 PM

Jump and bump have the same effect in this case  Cheesy

I close this thread, if anyone want to buy it directly for $100 PM me. Don't bother to offer lower than that.
10866  Other / Off-topic / Re: General Football Discussion on: April 27, 2015, 01:50:56 PM
Barcelona - Bayern Munchen is a match to look forward to. I hope Bayern will advance to the next round.

My prediction for next BPL round :

Southampton - Tottenham 2-1
Burnley - Leicester 1-1
Crystal Palace - Hull City 2-1
Newcastle - Swansea 0-0
QPR - West Ham 2-3
Stoke City - Sunderland 2-0
West Brom - Liverpool 0-1
Manchester City - Aston Villa 3-1
Everton - Manchester Utd 2-2
Arsenal - Chelsea 1-1


I only got 2 correct predicted matches, rest is bad  Cheesy
10867  Bitcoin / Bitcoin Technical Support / Re: Bitcoin confirmations times are taking over 4 EFFING HOURS!!!!!!!!!!!!!!!! on: April 27, 2015, 01:42:24 PM
This is the second time in 2 days I've moved money and it's taken over 4 FUCKNG HOURS. .0001 BTC Fee. Pardon my french BUT WHAT IN THE FUCK IS WRONG WITH THE GODDAMN NETWORK that this is occuring? A fucking 300 baud modem could move data faster than this.

This is total unacccepptable epic bullshit on every level. You think bitcoin will go to 0 cents in the future? Well keep up this bullshit.

The quick answer is that innovation stopped when Satoshi ran off with his 1 million bitcoin stash.

Satoshi brought us Bitcoin, that is innovation enough isn't it? It's an open source project which means we ALL are somehow responsible for innovation in and around Bitcoin.

Regarding OP : Just check the priority of your coins and add the right fee. In some cases 0.0001BTC fee is not enough. After that you can only wait.
10868  Economy / Speculation / Re: Keep your heads up bitcoiners! on: April 27, 2015, 01:32:14 PM
nice article, and very true until i come to this point

The thing is, without the crazy price jump in the last year, Bitcoin wouldn’t be what it is today. The $1,200 price surge gave it notoriety that literally made it a worldwide phenomenon.

i don't think that bitcoin is now more known only because of that peak, the real hard work that has made bitcoin more famous, was done by Doge in my view, doge has attracted tons of newbies, who started using bitcoin, and then  they converted it in doge

it's a combined effort. dogecoin indeed attracted a lot people that didn't know of crypto before. but i think the +$1000 peak had a bigger impact as it attracted a lot speculators.

And a lot of them lost money.  Didn't leave a good impression on them, I think...

They'll be back for more in the next bull run

Yup... Only to lose money again.  Grin

Where others suffer from heavy losses, there are also a few people laughing their ass of because of the profit they made  Cheesy

What's bad for one person is good for the other.
10869  Economy / Speculation / Re: Bitstamp compromised? on: April 26, 2015, 09:57:26 PM
I have received money on my bank account from Bitstamp this week, so not sure that you are talking about kwukduck. Don't make up stories out of nothing.
10870  Bitcoin / Press / Re: [2015-04-26] Forex Minute: CoinHako Becomes the First Asian Exchange to... on: April 26, 2015, 09:52:51 PM
What if an exchange with insurance gets hacked when the price is lets say $250. As we all know insurance companies need to investigate every detail before paying out what they think is fair.

What if the investigation takes months, and in these months Bitcoin value goes up to $400. Will they recover just the amount worth in USD at the time of the hack, or will they recover the Bitcoins which means they have to buy back in at much higher price?
10871  Economy / Digital goods / Re: freebitcoin.co --> $5 on: April 26, 2015, 09:39:53 PM
Damn, if I noticed this thread earlier I would have bought it directly. But I agree with PrFen, he was first.
10872  Economy / Speculation / Re: Bottom is in at $215 buying like crazy on: April 26, 2015, 03:47:47 PM
I really doubt that $215 was the bottom. I'm not even sure that ~$160 was the bottom.

Although sentiment has turned more negative in recent weeks, it's still too positive to think of a bottom. We have yet to see true despair, that means people completely loosing their faith in Bitcoin and truly expecting it to fail.

So the bottom is in, when almost nobody expects it. But maybe there is no bottom... Wink

ya.ya.yo!

At this point from the looks $200 level has decent support, but if it goes below that we might see a tiny flash crash when stop loss orders get activated.

I am happily waiting for a few buy orders to get filled if so. But don't really think it will happen.
10873  Economy / Speculation / Re: Good time to invest in btc? on: April 26, 2015, 03:35:49 PM
I bought myself some coins today. It will be interesting to see if $200 level will hold. If not, I'll buy even more.
10874  Other / Beginners & Help / Re: How would you introduce Bitcoin to your friends and family? on: April 26, 2015, 03:32:43 PM
I have told them about the main advantages compared to traditional payment solutions. They send money from time to time with PayPal and some times with Western Union.

They have used Bitcoin a while ago and they like it, but the reason for them to not keep using it is the volatility. Which I can understand.

Tell them volatility works both ways. They can wake up the next day and be able to buy more with their coins. This feature isn't that bad and doesn't discourage people from using Bitcoin instead of Western Union for example. What discourages people is that to get fiat they have to go to a private exchange and deposit their money hoping they won't get robbed or run with it.

Volatility might be a good opportunity for us to make profit, but not everyone is thinking like that. Normal people want to pay and get paid without having to worry about fluctuations.
10875  Economy / Economics / Re: Buy now or wait ? $41,000 to invest in bitcoins and litecoins on: April 25, 2015, 08:33:43 PM
I don't think OP is serious, but in general, don't buy altcoins with your hard earned cash. It's simply not worth it. Serious investors buy Bitcoin.
10876  Other / Beginners & Help / Re: How would you introduce Bitcoin to your friends and family? on: April 25, 2015, 08:25:31 PM
I have told them about the main advantages compared to traditional payment solutions. They send money from time to time with PayPal and some times with Western Union.

They have used Bitcoin a while ago and they like it, but the reason for them to not keep using it is the volatility. Which I can understand.
10877  Bitcoin / Bitcoin Discussion / Re: Bitcoin's evolution on: April 25, 2015, 08:18:07 PM
It could replace fiat if the price is stable. However.. only if it replace fiat.. it will become stable. I foreseen many physical shops with 'Accept Bitcoin' in the next 20 years or so.

Bitcoin being stable or not, it will never replace fiat currencies. And there is no need for that. Bitcoin is capable enough to succeed without replacing fiat currency.

Stability will come, but it will take a serious amount of years. I really think if Bitcoin is gaining interest from new wealthy investors it will cause another period of heavy volatility.
10878  Economy / Speculation / Re: Slippery slope is back! on: April 25, 2015, 08:10:45 PM
And it's back!
The very few bulls still left can't fight the massive selling pressure anymore, we'll continue this slippery slope for a few weeks i think (-3% to -5% daily) until the pressure is too much they can't even reduce the decline to that level and it will plummet towards $100 within minutes to stay there for at least 2-3 months.

Don't you get tired of posting rubbish? The only thing you are doing is making yourself look like a clown.

I thought legendary users would at least know what they are talking about. I was wrong with thinking so it shows.
10879  Economy / Speculation / Re: oscillating pattern says we leave $200 1 june on: April 24, 2015, 08:19:39 PM
We will be under $100 way before 1st of July..
Pressure is building up really strong.. upcoming crash is going to be devastating.

You wrote this before or after being heavily intoxicated? It doesn't make sense for the price the to sub $100 and you know that.


I believe he is strongly attacking Bitcoin over the last weeks of months. It's an uncommon sight to see a Legendary member to posts stuff like this, but who knows what has happened. For all we know he may have lost his coins or sold them in 2011. :/

I guess we will never know what his purpose exactly is. But some people are willing to go extremely far into making people believe Bitcoin will fail or lose nearly all its value.

I know there are plenty of bears active in the speculation section, but not many are this desperate as kwukduck.
10880  Bitcoin / Bitcoin Discussion / Re: itBit exchange applies for banking licence on: April 24, 2015, 08:11:21 PM
I would be happier if a well known exchange such Bitstamp would do such an announcement.  But then again, it's a nice move if it happens to become reality.

While I have never heard of itBit exchange before, I must admit that they do have a decent XBT volume. Currently ~1653XBT with all fiat pairs.
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