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10941  Economy / Speculation / Re: What will bitcoin do in market crash 3.0? on: August 29, 2017, 09:29:50 AM
It might be a good idea to add gold to any portfolio for when a crash would occur. It has been a safe haven in the last financial crisis so even for that reason alone people might be looking to move money to gold and silver again which will make it go up (somewhat of a self-fulfilling prophecy).

In any case the biggest losses will be made hodling fiat.

For my perspective think that it wont be effect at least not that much ok it might go down but bottom line for support think it will be around 3000-3200 $ per bitcoin.

So if crash comes price might go to this line.

A long term bear trend in BTC/crypto's would easily push BTC sub $2500 imho, we were sub $2000 just a couple of weeks ago.

Of course it is really good and to hold and hedge gold/silver and include it in our portfolio which have been a practice of people who are really preparing in an event of financial crisis. But casuals like me can't, so I have no choice but to hold fiat and crypto's in general.

For me if a crash comes a long, it would be around $3000 lowest point. I agree we were sub $2000 a few months ago, but it has risen dramatically in the last couple of months pushing to where we at right now. We can't really predict when its gonna happen, but the best thing to do is be ready for this 'self-fulfilling' prophecy.
10942  Economy / Trading Discussion / Re: Do you see trading as fun and games? on: August 27, 2017, 02:01:25 AM
I think the term should be "enjoyment". And it you love and enjoy it, then success will come naturally. We will not put pressure in yourself to perform better in and out. And there will not a time that you consistently making good profit because you enjoy it and you are not frustrated and disappointed in trading. This is like going to work everyday, if you don't like the people around you and not enjoying going in everyday, you will not be productive and should move out already. As long as you enjoy the ride in trading, you will be fine.

"The law of work seems unfair, but nothing can change it; the more enjoyment you get out of your work, the more money you will make.” — Mark Twain
10943  Economy / Marketplace / Re: question on money making guides on: August 26, 2017, 07:49:34 PM
Of course. Because as a person in this forum, I make money using this forums and by adversiting some of the campaigns in altcoins out there. Wherein, they gave me wages after the initial coin offering. They paid me in terms of token wherein I use to exchange to have bitcoins.

Yup, this forum in addition used to find a bitcoin growth of knowledge about and also some recent news about bitcoin. We can also get a lot of profit in it, because it is in this forum are also many companies who want their products to well-known and useful for everyone. But the main point is indeed that we have to have professionalism, we don't have if it is certain to make money in the forum will be very difficult.

There are a lot of forum members who have profited a lot from this forum. Joining ICO is one thing, if you got lucky the ICO you joined can you get good pay once its coin is listed on a exchange. That is why its more profitable sometimes to join a altcoin bounty, signature campaigns.

But as for me, if you are really going to stick to this forum, you can really find ways to earn money as compared to other forums that only offers product to sell. So just be a member here follows the rules join a signature campaign in bitcoin and altcoin section and after a month you will earn really good.
10944  Economy / Speculation / Re: Next week, is that the last chance? on: August 26, 2017, 07:20:39 PM
All you have to do is look at the price index and look at the history of it you'll see that. Every time the price goes higher everybody questions it when all you have to do is look at the price history and you'll see it's not going to go back down. Bitcoin is trusted and used by many people now and it is not really left a pump dump coin as it was one year before. I think price is now stable at 4000$ and now i see its upwards movements towards 5000$. Even it is good chance to buy now and sell at 5000$ a month later.

I also do think that the price will not go down further in 10% dips. Why? Because every dip now is the perfect opportunity to buy and get in to get profits later. Last dip is $3600 if I'm not mistaken but suddenly jumps to $4xxx because everybody started to buy again. So for me, I don't think that we are going to see a crash in the future.

Now, I'm seeing a minor price correction again, down to 3% but I'm sure that it will regain because as I have said every dips was a good time for new investors to get into the ecosystem pushing the price back to where in was once and even further.
10945  Economy / Gambling discussion / Re: Gambling site closed? Why? on: August 26, 2017, 06:44:28 PM
I'm still curious after directbet closes its site and then keep popping up some gambling sites shutting down their business. But after looking at the auction section I was surprised to see rollin.io auction off his site and they also said that his site was for sale.

What exactly is happening on the gambling site?
Does not the gambling site give big profitable to the developer?
if the developer will continue to get the profit from a gambling site, then why did they shut down the effort that has been built since long?

Do you have an answer to this question?
Let's discuss it.

I think its really the losses that they have incurred in the last few months. Otherwise, I don't other reasons that they give. Although I think that self-funded casino's without investors would also contribute to them closing. They don't have a full backup the way I see as compared to other casino's. Even bitdice and Betking are opening up ICO's to really attract good investors of course to make the business more sustainable. But as in Rollio.io case, they are self-funded and one big whalers can swept all their earning causing them to shut it down.

Well, when one closes, another opportunity opens, so I'm guessing that new casino's will pop up and replace the void that Rollio has left.
10946  Bitcoin / Bitcoin Discussion / Re: Parents disagree with MMO – Make Money Online and Bitcoin ? on: August 26, 2017, 05:34:14 PM
My parent , especially my mom , she always tell me to stop doing bitcoin otherwise i will go to jail or doing bad things to social ! I don't get it ! Old generation seem very lack of experience in Bitcoin ! Why they keep telling us to stop when they even don't know how to check a simple email on ebay ! How to explain them guys ? 
My parents always scolding me because they say that the bitcoin is not true. The don't believe to the bitcoin but I will prove to them that the bitcoin is true and I can earn money from it.

Maybe because you are always in front of your computer or in a internet shop and doesn't go home. LOL.

Seriously though, if you have proven that you can help your parents in anyway you can and show that you are not just in front of your PC wasting time then they probably believe you. Or just treat them the first time you earn your first bitcoin so that they will be very happy and proud of you. And tell them all about bitcoin as well and maybe then can be a believer then.
10947  Economy / Gambling discussion / Re: Mayweather Jr VS McGregor on: August 26, 2017, 07:38:49 AM
Floyd Mayweather Jr VS Conor Anthony McGregor
Who win?


I am not really a Floyd Mayweather fan but I will go with him. McGregor is a great MMA fighter but I don't think that he will be adapting to the skills of Floyd since he is using his skills and agility. I think I will be seeing a knock out in this dream fight. My money on Mayweather.

Floyd doesn't have a lot of fans because he is so boastful and arrogant and fans watch go to his fans to see him lose unfortunately he is still 49-0 and will be 50-0 because he will surely win this fight against Conor Mcgregor.

Floyd is still at the top of his game so it will be very difficult to Conor to hit him. And its not far fetch that Mayweather can KO Conor because he's punching power is underrated. I'm think I'm going what the betting public thinks, Floyd Mayweather Jr. will win this fight, Just a matter what round he will win.
10948  Bitcoin / Press / Re: [2017-08-23] Bitcoin Transactions Aren’t as Anonymous as Everyone Hoped on: August 26, 2017, 06:59:50 AM
I think it has already been discussed numerous time that bitcoin is not really anonymous, but psuedo-anonymous that it why we have mixing services to begin with.. You can try monero, which offers protection for those we want to remain hidden in the network. That is why this is one factors that lead to Bitmixer.io closing down its services few months ago or those government agency are really on their throats.

Although there are still tumbling services that offer more protection as they have claimed, but sooner or later the government will catch up on them.
10949  Bitcoin / Bitcoin Discussion / Re: Slow BTC Network on: August 26, 2017, 06:12:17 AM
I always use the ViaBTC transaction accelerator. I dont agree with ViaBTCs politics 100% but the transaction accelerator works great.

https://pool.viabtc.com/tools/txaccelerator/
Yes its great and I have used them before and got confirmation on my transactions within few hours during huge congestion on bitcoin network.

But you have to be first 100 users to successfully include your transaction in their queue, this resets every hours (GMT time/Forum Time)

No doubt, I have used their service before and was able to get confirmations and good thing it is for free. But as you have mentioned, they only accepts first 100 users so you have to wait before getting your transaction to be confirmation. But it really works.

Well fellas, it took two different transaction about an hour each to get just three confirmations. Does this have to do with the fork? Or is it because a lot more people are using bitcoin?
Why are blocks so slow? Because a lot of miners (most associated with Bitmain) are mining BCash since it's slightly more profitable atm.
 there are ~79k transactions stuck in the mempool. 104 blocks have been found in last 24 hours instead of the normal 144 blocks.
That's 40 blocks less (in 24 hours) than during normal 10 min blocks. With ~2000 txs per block that's roughly ~80k txs, so no more backlog. And Segwit might be active, many exchanges and wallets haven't switched yet to segwit compatible addresses, I expect that to start next week.

I think Antpool is mining empty blocks that's why the network is congested. I don't know what they don't mine using Segwit software as it was agreed up and it seems that they are doing is on purpose. On the other hand they are losing $100K for not mining Segwit transaction. We may never know the real reason behind why they are acting like this.
10950  Economy / Gambling discussion / Re: Do you set up limits for yourself? on: August 25, 2017, 08:40:10 AM
I do. I just spend a million satoshis and that is the limit to what will I lose before I stop.
I dont care if I dont get it back. I will just sleep and think that next day will be a lucky day.
Forcing it will just make you lose more instead of redemption.  Grin
But most of the time I dont hit that number. I became a lucky bastard.  Grin

Even though your lucky but withdrawing your money at the right time is very important because many times, in the beginning, people win money but they fail to withdraw and continue gambling until they lose back all their winnings including their money as well. Later only they will regret not withdrawing money when they were in profits. So in gambling most important thing is when you will stop gambling whether it is winning time or losing time.
 

I agree, luck is nothing if we do not know when is the right time to withdraw or cannot control ourselves and stop betting.   Soon our luck will surely runs out and there is a huge possibility that in every roll in the latter part of the session, house edge kicks in.  This wil eventually made us to lose our winnings and at the same time our bankroll.
That was the consequences of not having a limitations because ypu don't know in yourself when you will stop playing and how to mind whats already happening if you continue or stop.

Absolutely, we really don't know when our luck will end and most of us really think that it will continue and will not quit then suddenly the losing streak begins and now we are trap, we can't control our emotions and we want to get back what we have before the losing streak. And then the cycles started. And we can't really stop until the last drop of our bitcoin is swept. And then regretting our decision on not quitting early on when we are winning and now thinks that tomorrow we well try our luck again but then, we lose everything.
10951  Economy / Trading Discussion / Re: How do you decide when it's time to sell? on: August 25, 2017, 06:38:12 AM
Its very hard to tell on when we should sell since there's no exact thing that we could set for this but if you see that your coin as at above to its ICO price I think its very better to sold that one and just buy for another sets if the price would go back for its original dumped price. I've seen so many ICO coins go for that scenario and maybe we will got a good fortune if we join to earn by executing some buy and sell with ICO coins.

It really hard to tell but the scenario you laid out is a good strategy. I have seen an ICO price that is not good but then when it was listed in a top trading platform, the price skyrocketed to more than 100%. So this is just another scenario that could happen that will make you sell your coins.

It happened to a lot of ICO's out there. Actually I did experience did and I'm happy that I hold the coins for the last 3 months and then the price went nuts. LOL.
10952  Economy / Speculation / Re: What do you think market response of the segwit on August 24rd 2017 @ 12:30 UTC on: August 24, 2017, 09:50:23 PM
Although I'm expecting the price to really push further however, but it did more or less retain its midweek rally. And it looks like the price just stabilizes at around $4000-$4200. I'm anticipating that we can push it to $5000 but it ain't gonna happen. I guess the future price of bitcoin will really hinges on the November Segwit2x hard fork.

Or it is still early to speculate about the price since it has just started so the extent of the activation hasn't felt. We should really give it some time to be sure that it has really a good effect to the price heading to the looming Segwit2x in November.
10953  Economy / Gambling discussion / Re: UFC 215: Johnson vs Borg Info and Prediction Thread on: August 24, 2017, 07:58:47 PM
@joshy23. I read an article that Daniel Cormier is already planning his future, and the move to heavyweight is in the picture. He said that it will be easier for him because that is where his natural weight is. He is also mentally strong, I doubt the loss to Jon Jones would have destructive effect on him and his career.

Yes, he is an Olympian and I don't think the lost to Jones will be a mental barrier for him. He his a total warrior and mentally strong. I'm sure he will be back. Heavyweight was the first division that he really competed in. I was surprise to find him in LHW, although it has something to do with Cain Velasquez being the champion at Heavyweight that time and he doesn't want to fight him as we all know that they are training partners.

I absolutely wanted him to fight in Heavyweight as I'm seeing that division as somewhat pretty weak right now. And he could probably reign their as well.
10954  Economy / Gambling discussion / Re: Bitcoin casinos on: August 24, 2017, 07:38:20 PM
Hey everyone. How many of you play at a bitcoin casino? Do you play at mBitcasino? DO YOU GUYS FEEL CHEATED EVER SINCE BITCOIN PRICES SKYROCKETED?! If yes I would like to hear your story. Because I feel as if I have been CHEATED thousands of dollars. Roughly at least 10k.... and with such came a huge amount of never ending consecutive losing spins that are so consistent as it feels as if RNG is not applied, more like scripted is what I would recall it.

We all felt cheating when we lost in a casino. But if you look closely, its our own fault why we lost. You should have quit early and not wait till I lost all my money and then accused them of something like cheating. How long have you been gambling anyways? Most of us have literally lost thousands and not even complaining because they don't take it personally against a casino. Maybe you are just unlucky that moment. Just continue with your life. And let this be a lesson to you as well.
10955  Economy / Trading Discussion / Re: Bitcoin in the moon!!! on: August 23, 2017, 01:41:44 AM
BTC will rise higher in the next coming year.
Be reay

I am buying more.

I'm ready for it already, I know that it is going to rise higher and not just for the next year to come but also for the next years to come. How many had you bought already? I want to see bitcoin increase more and go to the moon but I want it slowly but surely. I'm not confident anymore with the rapid increase then it will fall rapid too.

I think with the previous blip, which is people are been waiting for to get and buy bitcoins again has bought already. That is why we saw that it has rebounded very quickly and for me this is another beginning of a bull run of bitcoin. So there is no question that the price could go to the moon at the end of the year.

People have already trusted that sometimes when there is a dip, its a perfect opportunity to get bitcoins again and hold on it for the long term because all of us believes that the price will exponentially grow in the years to come.
10956  Other / Meta / Re: History of Bitcointalk? on: August 22, 2017, 07:42:54 PM
Where did Bitcoin and bitcointalk.org start? How? And who is the main founder or creator of this website?

Of course the man himself.

https://bitcointalk.org/index.php?action=profile;u=3

And I think Theymos took over from Satoshi when he left this forum. And the rest is history.

Here is a thread about Satoshi's wallet if you are interested as well.

https://bitcointalk.org/index.php?topic=507458.0

I am around since 2011 here. Kinda nice if Satoshi Nakamoto was one of the founders of this forum. I honestly did not use the forum much in 2011 just read some news and went on and came back in like and made an account in 2013. A lot has changed since then but I can still remember the topics about many bitcoins and you could claim hole bitcoins from faucets when Bitcoin was not worth that much. Kinda funny how far we came. Curious how 2020 will look in here when everything has hit a lot higher than we can imagine right now.

I think you will never have the chance since he is last active here in 2010. Although it will be really a pleasure to at least have a conversation with him in this forum. The man is truly legendary because he created something that take the world by storm and we are now reaping its rewards.
10957  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How do you think about BCC, SELL or HOLD? on: August 22, 2017, 03:46:29 AM
Hello,

I bought 100 BCC at 0.02 satoshi, And I just hold 100 BCC now,
But BCC has a downtrend.

How do you think about BCC, SELL or HOLD?

BCC have a good news for rebounding a price at 0.02 or higher than 0.02?

I`m very stressed.



LOL. I think if you are stressed out, I recommend you to just sell it. However, the best opportunity to sell it is when the price is as high as $700-$800 so that you can maximized the profit. But since you are stressed, dump the coin and exit early before the crash will go further.

But then again, if you invest what you can afford then why are you so stressed?

Well, this is the perfect money to sell this coin since it is at the highest price it has been, around $700 at the moment.
So my recommendation is to sell right now, and use that money to buy another altcoins, or just buy more bitcoin.
It has no future, its only the coin for the miners, and are you a miner? if dont, then you dont need this coin.
I sell mine at $800 on august 1st

Did you check the latest price? Its down to $585 right now and not $700. That's why I said that he should have exit at this price. Now he is trap and the price keeps going down. The pumped has been over with this coin so I doubt it will be pump again.

10958  Economy / Speculation / Re: SELL NOW, big bitcoin dump! No fud. on: August 22, 2017, 02:29:38 AM
People are getting info about November fork, we might see drop below 3600 in next 48 hours and before Nomber possibly to 3k or less, but 3k will probably be a huge support. Also 1/3 (33 %) of miners changed from btc mining to bitcoin cash mining. People will FUD, sell now, buy back later when bitcoin dips. Segwit 23 August was already priced in and we risk fiasco of unsuccessful segwit transactions and/or lost coins because of segwit security vulnerabilities. Even Slush pool CEO (inventor of bitcoin mining pools) said that he first needs to see segwit transactions, until then no one knows.

Well if this is true then it will be good for new investors to buy bitcoin for the first time and I'm sure that the price could recover quickly. I don't know where you get your news cause you didn't put your sources. But I doubt that miners would suddenly and quickly change to BCC. I don't think that Segwit is already price in. I also thought so about this, but the price is continue to soar after the fork so I don't think that Segwit price is already in already.

For me, you are just enticing people to sell their coins so this is FUD at the highest level. Sorry dude but I'm not dumping my coins but will continue to buy in dips like this.
10959  Economy / Gambling discussion / Re: Mayweather Vs McGregor: Info and prediction thread on: August 22, 2017, 02:01:18 AM
UFC embedded is producing vlogs leading up to Mayweather vs Mayweather. The first one was released today.

https://www.youtube.com/watch?v=IWe1MMO5CWk

Floyd is saying he'll party the entire week leading up to the fight & in the vlog he's eating a hamburger. Roy Jones Jr. did this to opponents in the past where he would play an entire game of basketball on the day of his fight.

I hope Conor wins. Floyd has skill but his personality and the way he treats and relates to people rubs me the wrong way.

I think that's how promote himself mate. This is part of the psychological war he is playing with Conor. This is not the first time that Floyd has done this in the past as well. So you see you are affected by Floyd's ploy here. This is how he want's himself to be portrait and hated by lots of people. And this hater come to watch Floyd vs Conor. Because they want to see him lose, unfortunately 49 have tried, and 49 have failed. Conor will be his 50th victim.

Mayweather is really good in promoting himself and this fight. Again, I'm pretty sure that this will be the biggest sporting event this year in terms of PPV and revenue.
10960  Economy / Gambling discussion / Re: Getting started with sports betting! on: August 21, 2017, 03:50:53 PM
In all the gambling games, I think sports betting is the best way to get bitcoin. Among all the gambling, I think it's the game that has the greatest chance of winning, rather than casino or any other kind of gambling.
You can say it's the best way if you yourself is profitable in sports betting, I think that's why we are just saying it's the best way because it's our favorite but in reality sports betting although no house edge in the game is still one of the type of gambling game that is not profitable to majority of gamblers.

It will not be profitable for some because they did know how the teams like in NBA play. If you don't know about the sports then its not wise for you to do sports betting. But for most of us who followed, NBA, football or even tennis, it's favorable to us because you know the teams or players strengths and weaknesses. That's why most of the gamblers prefer it.

Of course risk is involved and we are not 100% that we are always going to bet, so this sports betting is more exciting as compared to like dice games or slots or roulettes.
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