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12321  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: January 08, 2016, 02:23:19 PM
Yes gambling is wrong if you are addicted.
For me is not that wrong if you are doing for entertainment and to earn money.

That's the thing with it, as long as you think you can earn money with gambling you are most likely addicted. Never consider gambling as a way to earn money or you will lose everything you have and even everything you'd borrowed.
12322  Bitcoin / Bitcoin Discussion / Re: Is this real? 50 'clean' Bitcoins for 80 'dirty' Bitcoins?? on: January 08, 2016, 12:24:36 PM
I came across some site which is like a bitcoin washing site but peer to peer, the site itself acts like an escrow and allows people to trade apparently 'dirty' bitcoins(maybe from hacked wallets im thinking or stolen, scammed etc) for 'clean' bitcoins. Now i don't know if it's legit the whole idea of it. I always thought bitcoins were anonymous either way why would someone even do that and lose 30 coins?

Although I'm quite new to this stuff so if anyone knows more about this stuff I'd be happy to hear your opinions/experiences on this.

Although apparently there are some people who would need a service like this, still they are asking too much IMO.

I used to think some time ago that there is no difference between so called "clean" and "dirty" Bitcoins but I was wrong:

https://www.reddit.com/r/Bitcoin/comments/3mea6b/bitpay_is_blacklisting_certain_bitcoins_rejecting
12323  Economy / Gambling discussion / Re: Gambling can be profitable in the long run! It is possible! on: January 08, 2016, 11:22:50 AM
I like the scheme made by OP. It is quite accurate ... well, statistically. But for everyone of us it is irrelevant whether we have 90% or 10% chance of winning. What matters is whether we actually win or lose. So gambling can be profitable in the long run as much as it can't.
12324  Bitcoin / Mining speculation / Re: Daniel Mross paid 2700 BTC to ButterflyLabs in 2012 for 25 Gh/s on: January 08, 2016, 11:01:13 AM
There's the 10,000 BTC pizza. And a few old timers in these forums have mined 50 BTC blocks a few times per day on CPUs. There's that Swedish? guy who mined 5000 BTC and bought an apartment a few years later.

And there's that guy who threw away his hard drive with a few thousand BTC in it.

I think this is basically what happened to most people's money back then:

https://www.youtube.com/watch?v=-DT7bX-B1Mg



If I remember well, the Swedish guy bought 18€ worth of Bitcoin in Swedish Crown and then bought a flat in the rich district of Stockholm.

I think that guy is from Norway.

Yes, the guy is from Norway. He invested 150 kroner ($26.60) in 5,000 bitcoins in 2009, sold them in 2013 for $886,000 and bought an apartment in a wealthy area of Oslo.

Here's the article about it:

http://www.theguardian.com/technology/2015/dec/09/bitcoin-forgotten-currency-norway-oslo-home

12325  Economy / Economics / Re: $700 million lottery jackpot straight to BTC on: January 08, 2016, 10:43:59 AM
With the US Powerball jackpot now at $700 million, I'm curious about a scenario where a single winner dumps the entire lump sum into the BTC exchange and locks it up for years.
What would the effect on the market be immediately after and for the next few years? What would happen to the market in the future if they decide to cash out as the richest person who ever lived?

whit 700M, you don't need to do this, just relax and enjoy your life in a beach whit hot girls  Cool

Although I think that enjoying your life with one hot girl is better than doing it with girls , I like this reply the most.

Back to OP's question: since there are around 6 billion dollar's worth of Bitcoin in the world now the dumping of $700 million into the BTC exchange would definitely impact the price but not much, maybe 20-25% which is a normal thing for Bitcoin even when there are no apparent reasons for that. )
12326  Bitcoin / Bitcoin Discussion / Re: Is there a market for "fresh" coins? on: January 07, 2016, 04:50:22 PM
Im not quite sure why anyone would actuall want a newly mined coin over one thats been round the block a few times, The whole tainted coins thing should be irrelevent in that just because your coin has been used possibly for something illegal in the past should be of no concern to the current holder.

I dont think ive ever even looked back though any of my addresses to see how new any of my coins are because i really dont care, i guess for some this may be a big thing though.  who knows.

Same here. Why should we care whether the coins "new and clean" or "old and dirty"? They are all just like any other money ffs, we can't know about their hystory and we should bother either IMO.

People care, because you never know when you can be in such situation like this one: https://www.reddit.com/r/Bitcoin/comments/3mea6b/bitpay_is_blacklisting_certain_bitcoins_rejecting
http://www.bitedge.co/blog/coinbase-restricts-users-for-gambling-transactions/

Wow! thanks for the links. Somehow I didn't know about this stuff happening. Blockchain analysis is real business now as they say. I should read more about this stuff.
12327  Economy / Gambling discussion / Re: Any advantages from gambling? on: January 07, 2016, 01:24:02 PM
No gambling = 80% less signature campaigns = less forum traffic and less usage of Bitcoin.
I can understand the signatures are bringing a lot of traffic to forum and particularly from gambling but how does that affects the usage of bitcoin ?
People also leave when they are not interested no matter what gambling/earning opportunity they are given

Signature campaigns draw many people to this forum who wouldn't otherwise be here. More people here = more people are interested in Bitcoin. More people are interested in Bitcoin = more people are using Bitcoin.

I know there are some highly regarded members of this community who are against Signature campaigns, but I disagree with them on this point. I think Signature campaigns are good for Bitcoin in general.
12328  Economy / Gambling discussion / Re: Biggest/Best Gambling Session on: January 07, 2016, 10:14:05 AM
Went from 0.19BTC to 84BTC. Still waiting on the withdraw confirmation, and still can't believe it actually happened Grin

Just want my money  Undecided

did you type wrong??? 0.19 to 84btc?Huh not 0.84??? 84btc is a lot a lot!!!!!

Yea that's not a typo. I might be one of the luckiest people with roulette.

The next lucky people would be the ones that win millions from instant tickets and powerballs lol

Wow! That's incredible! Congrats mate!

I'm wondering what were the odds and did you withdraw finally? It is also interesting how much you've lost before that. What is your real profit?
12329  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: January 06, 2016, 07:50:13 PM
I still hold my bitcoin in the wallet, there are about 2 ~ BTC, I've held almost one month of december last year,
I can not trade them now, I am waiting pump of halving effect

You are absolutely right, hold them, don't sell them. Although I think Bitcoin will not pump a lot due to halving, but I'm sure it will be over $500 by summer so selling now is not a good decision.
12330  Bitcoin / Bitcoin Discussion / Re: Is there a market for "fresh" coins? on: January 06, 2016, 12:24:55 PM
Im not quite sure why anyone would actuall want a newly mined coin over one thats been round the block a few times, The whole tainted coins thing should be irrelevent in that just because your coin has been used possibly for something illegal in the past should be of no concern to the current holder.

I dont think ive ever even looked back though any of my addresses to see how new any of my coins are because i really dont care, i guess for some this may be a big thing though.  who knows.

Same here. Why should we care whether the coins "new and clean" or "old and dirty"? They are all just like any other money ffs, we can't know about their hystory and we shouldn't bother either IMO.
12331  Economy / Gambling / Re: Primedice.com | Most Popular & Trusted Bitcoin Game | Huge Community | Free BTC on: January 05, 2016, 06:11:17 PM
Site is down? Is there going on some kind of unexpected maintenance?
its stuck on loading picture for me too, i wanted to play a little bit of dice and i did not manage to access it i hope everything will be solved as soon as possible

PrimeDice is forever loading for me too. Things like this had already happened before and were solved by the team, so I hope everything will be okay pretty soon. PrimeDice will be fixed, trust me on this )

it hasnt been fixed if it is recurring issue.

I disagree with you here. Say you have a water tap on your kitchen and when it breaks you fix it but two months later it breaks again. Does it mean you didn't fix it? No, of course it doesn't. There are some things which you should fix on a regular basis.

PrimeDice is back and working good again btw. )
12332  Bitcoin / Bitcoin Discussion / Re: how to recover btc on: January 05, 2016, 04:33:11 PM
Do you mean chargeback ?
Bitcoin transactions can not be charge back. Onse you  press the button send and the transaction get confirmed, you can not cancel it .

So do not deal with people or sites you do not trust

Exactly this. ^

Although this has to do with other things too. Bitcoin just emphasizes how important to remebmer the obvious rules when trading or when doing any other operations with money (doesn't matter digital or fiat).
12333  Economy / Gambling / Re: Primedice.com | Most Popular & Trusted Bitcoin Game | Huge Community | Free BTC on: January 05, 2016, 03:15:38 PM
Site is down? Is there going on some kind of unexpected maintenance?
its stuck on loading picture for me too, i wanted to play a little bit of dice and i did not manage to access it i hope everything will be solved as soon as possible

PrimeDice is forever loading for me too. Things like this had already happened before and were solved by the team, so I hope everything will be okay pretty soon. PrimeDice will be fixed, trust me on this )
12334  Bitcoin / Bitcoin Discussion / Re: Help me pick a country to lobby on: January 05, 2016, 02:26:09 PM
Mexico or Brazil.
Maybe Brazil because they are bigger and have more money, for now

Brazil is already into Bitcoin. There is another thread about this already. They are ahead of the game.

I totally agree with this. Below are the links to some of the threads (maybe there are even more):

https://bitcointalk.org/index.php?topic=1234350.0

https://bitcointalk.org/index.php?topic=1190774.0

https://bitcointalk.org/index.php?topic=587262.0

It's good to see that not only so called "developed" countries are adopting Bitcoin, but that in countries like Brazil, Romania or Philippines Bitcoin is also making its way to wide adoption.
12335  Economy / Gambling / Re: Why is primedice restricted in some countries? on: January 04, 2016, 02:01:20 PM
I'm prettttty sure that US users get restricted too. only they're too advanced and obsessed with anonymity that they didn't even notice.

haha, that's a good one!  Smiley

But actually I agree at least partly. PrimeDice is banned in the US as far as I know and nevertheless you can still see some people from the US in the PD chat. You know, if you want something badly you will find a way to do it.)
12336  Economy / Gambling discussion / Re: Any advantages from gambling? on: January 04, 2016, 01:46:37 PM
Gambling has only issues with it. Advantage is just having fun. Eventually , the issue is you loose everything.

In many cases (if not in most cases) yes, you lose everything in the end. But when this "everything" is just your balance which is less than 0.5% of your monthly income then it's not a big problem. It is still fun even though you lost "everything".
12337  Economy / Gambling discussion / Re: Biggest/Best Gambling Session on: January 03, 2016, 03:26:06 PM
What was/is you biggest or best gambling session? Starting small ending way up? How much have you made in a single session?

I think my best gambling session was when I won the 9900x bet on Primedice after betting just 23 times with 200 sats. I won almost 0.02 BTC then but as far I had over 200K sats on my balance I thought why didn't I bet with 5k sats instead of 200 sats. I'd won 0.5 BTC then  Smiley
12338  Economy / Economics / Re: Is it better to save money or invest it? on: January 03, 2016, 12:18:27 PM
Bitcoin are quite risky, therefore i would advice to invest what you can miss.

Buying bitcoins today would be even more risky, so try to get some of those little coins in the 350 -380 range.

First of, I seriously doubt that Bitcoin will ever be below $380 again. Secondly I don't think that buying Bitcoin is more risky than investing in anything else. As we all know from history even the most "reliable" schemes fail sometimes.
12339  Bitcoin / Bitcoin Discussion / Re: Some one paid 1.0394BTC as fee for 2 transactions. on: January 03, 2016, 10:47:38 AM
The guy that hacked Bitstamp paid really high fees to get his stolen coins moved really fast because Bitstamp had figured out what he was up to. The hacker and Bitstamp had a battle to move the coins first because they both had the private keys.

Those transactions in the OP could have been made by a hacker who wanted to move stolen coins really fast, and who didn't care how high the fees were because they were paid with stolen coins.

I don't know what you are talking about. Haven't you checked the transactions? The total amount of both of them is around 3 BTC. Do you think it makes any sense to steel 3 BTC and to pay over 1 BTC as fees?
12340  Economy / Gambling discussion / Re: Anyone betting on the American election? on: January 02, 2016, 06:37:04 PM
Donald Trump @ 8.6
Looks good Smiley I think they'll elect this clown. Attendance is not much in US so this clown can be easily elected.

You know, you may be right. I was 100% sure half a year ago that Trump has no chances but now ... hm it all changes so fast in this world. And I even forgot that the Attendance is a factor too. People who don't like Trump don't like to go to the elections either.
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