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12381  Economy / Gambling / Re: [POLL] Best Dice of 2015 on: December 29, 2015, 02:52:55 PM
I'm glad that PrimeDice is number one here with 30.5% of all votes. They absolutely deserve it and I think that the situation will not change until January 1st 2016 when the voting is closed.

Good job guys! Happy New Year! You have the reason to celebrate.  Smiley
12382  Bitcoin / Bitcoin Discussion / Re: Anyone heard of BITCOIN-CLUB.ORG? on: December 29, 2015, 02:41:11 PM
You have to do extensive promotion to get referal under you who actually activates as it is hard to get anybody to pay 22$ for membership only. So overall cost of advertising will be more than your income from referals. I like to remain quite far from this type of pyramid structure.

It is indeed a lot of hardwork and promotion to get people to sign-up and activate. However I've also known people who joined MLMs such as Forever Living Products, USANA, JEUNESSE, etc who paid hundreds of dollars for a membership and yet earn a tiny fraction of that in commissions. I usually stay away from MLMs / Pyramid too coz I don't know how to sell lol. This happened to be the first one since it's all about bitcoins and I thought it's not too bad to try with $22. Grin
But the site is offering nothing other than the information you can fer in this forum.  To top it off the information provided is only their opinion of the information.  In that case you might do one better and make a membership site that links to forum information to save you time from rewriting the information and charging $4 or .1 BTC for the site.  The referral levels would look something like:
 Level #1 - .02 BTC Per Referral
 Level #2 - .005 BTC Per Referral
 Level #3 - .003 BTC Per Referral
 Level #4 - .002 BTC Per Referral
 Level #5 - .001 BTC Per Referral

If everyone gets 5 referrals, you would receive 4.975 BTC.  And you did nothing buy put together a information site with public knowledge information.

Well, that's the definition pf a pyramid. Some people even call it SCAM. Beware.

That is exactly my point and this site BITCOIN-CLUB.ORG is the exact same thing.  They are offering nothing more than the information that can be obtained through these forums and over the internet, free of charge and they are offering referral fees for 5 different levels.  This BS needs to be called out and stopped.  They are hurting the value of BTC and in no way helping it.  Can I get confirmation that this site, BITCOIN-CLUB.ORG, is not worth the storage space it takes up!!


I agree with you. And I'm glad that showing up on this forum doesn't help them to thrive. They'd better avoid this place actually for their own good Smiley

12383  Economy / Gambling / Re: Biggest bitcoin bet of 2015? on: December 29, 2015, 02:32:44 PM
A player who is assumed to be an old bettor called mechs did a large bet of over 1300 BTC in a single bet at https://BetKing.io (former PocketRocketsCasino) a while back. Is there anybody to beat this kind of a bet anymore? The highroller managed to build up hundreds of BTC via small multipliers before losing.

What are your thoughts? Is there any point in betting hundreds of thousands of dollars on dice, even if the site is trusted? I personally feel like I'm betting a crap ton even if the bet sizes are as tiny as 0.1 BTC...



1300 BTC? Oh my God, who is that crazy man? Hope that is only an early adopter, but what luck for the owner of that dice site. Anyway, the maximum bet that I've seen is on Just Dice, but now I don't remember precisely how many BTC was (But I'm sure that the amount was more higher than 1000 BTC)

I'm wondering how much that guy won before though. We can see only one bet from which he won 100 BTC but how many bets like this one were before that?

I don't think his winnings were over 1k BTC though.
12384  Economy / Economics / Re: Is it better to save money or invest it? on: December 29, 2015, 02:23:44 PM
Investing, because of inflation.

Yeah, sure, but most of the time investing isn't a good choice too. You should be very careful when investing especially when they offer you a big profit in a short period of time. You may lose part of your money because of inflation if you hold them but you may lose all of them investing.

Invest where you get guaranteed returns, like real estates where the value is increasing on daily basis and you can make a good profit out of it, I know that it is not possible for everyone to invest in real estates as it requires huge investment at the initial stage but for who holds good amount of money should invest in real estates and also save money so it would take care of expenses at the time of emergencies.

The value of real estate is not necessarily increasing. A friend of mine has bought a house several years ago for $200k and today he can't sell it for $100k even. It actually depends on many factors and the situation in the region where your real estate is situated is one of them. If there is a war or a flood there you have no chance to return your money.
12385  Bitcoin / Bitcoin Discussion / Re: Some one paid 1.0394BTC as fee for 2 transactions. on: December 28, 2015, 10:52:10 AM
As the title states. Why on earth would some one do this? Is it a mistake, or done on purpose?

This tx includes 0.2493BTC as fee; http://blockr.io/tx/info/621cd73e184ef9180f2b3451a1b5b244de48e07effc9be6b731f7466358a924f

This tx includes 0.7901BTC as fee; http://blockr.io/tx/info/07f11415bc6b6a4611c96812e2d40b8a53554e64c7f0bdf9a2bb7c6eeb2b43e7

That's unbelievable! If it was a mistake then why on earth he did it twice?

Maybe someone here could explain because I can see no reasons for paying such high fees on purpose.
12386  Economy / Economics / Re: Passive Income on: December 27, 2015, 03:07:29 PM
One of the good ways for passive income could be Cloud Mining (legit no scam) and investing on shares and get paid dividends. If you go to the cloud mining route, I'd suggest you choose Genesis Mining or Hashnest, but if you decide to invest in shares, you can check out OBITS, Bleutrade Shares or Blockshares. Just make a research before making an investment. Wink

I agree but is there any legit Cloud Mining? I mean many of them look legit but in reality I never heard anyone had a profit with any of them.

And also making research before investing in something rarely helps because people who make ponzi schemes know you will make a research so they are prepared for that ).
12387  Bitcoin / Mining speculation / Re: Mining hardware in a car ? on: December 27, 2015, 02:56:07 PM

  ~

Somebody will do it in the new future.
I may do it as an amateur way.
But the problem is I do not have a car.
It was just an idea. This thread may start somebody with sources (knowledge, iq  and abilities) to start the task.


Your idea is great mate! It doesn't matter you don't have a car or you don't have enough resources to make it work, what matters is the idea. I think in the future something similar to it will be used a lot. I mean the electricity and the ventilation provided from moving. That's really great idea.

12388  Bitcoin / Bitcoin Discussion / Re: Don't let bitcoin overtake your soul on: December 25, 2015, 10:19:53 AM
That's a very sad story OP. I feel for you and I'm really sorry that that happened to you.

I only disagree with this "relationships are what matter and once you lose them you can't get them back." If relationships is what matter to you then you can get them back. Maybe it will be another woman but after finding her you will have your life back no matter how bad the circumstances you are in now.

Good luck and don't ruin everything next time.
12389  Bitcoin / Mining speculation / Re: Want to start mining on: December 25, 2015, 09:07:04 AM
Hi,

I have been in Bitcoin for while now. But now I want to get more into it and contribute to the system. I want to setup a mining area. I live in a cold area year round, cheap electricity 0.058 Kw/h and cheap rent. I need some help on which miner to buy? how many? will I make some money? should I solo or go with a pool? and more

Your help is much appreciated. You can pm as well!

Thanks,

Since you are just starting I suggest you to mine in a pool. Buy 2-3 used (but in good condition) Antminer S5 for starters.

And since you are living in a cold area I suggest you to consider using the heat from your miners for heating rooms.
12390  Economy / Gambling discussion / Re: Anyone betting on the American election? on: December 25, 2015, 08:50:04 AM
Not really any great odds. Clinton will probably win. I would put Bernie Sanders in as a long shot.

I would take Democrats to win the election though if I can find good odds.

I agree with you. I think Hillary Clinton has a lot of chances to win, but knowing that gives us nothing because almost everybody knows that so even if they are accepting bets like this somewhere the odds will be very poor.
12391  Economy / Economics / Re: Passive Income on: December 24, 2015, 01:46:45 PM
Cloud mining (short term and or with exit strategy)
Gambling investments (short term with exit strategy i.e: moneypot)


Could you please explain how it works (if it does at all). From all I know Cloud mining haven't been profitable for anyone except the owners of the sites which offer the scheme.

Back to OP's question. My "Passive Income", if we may to call it so, the Sig. Campain on this forum. It gives me from $25 to $50 per month  (which is not bad where I live).
12392  Economy / Gambling discussion / Re: How much can you earn with gambling? on: December 24, 2015, 09:30:24 AM
For today i'm not even earn with gambling, i'm always lose it when i receive my payment and go to gambling and i always lose, don't know why i'm so unlucky.

Your unlucky because if luck is always in you for sure you will so much addicted and never know when to stop. Be thakful you are unlucky.

That's a nice approach to gambling and even to all things which are addicting in general! I have never thought in this way before, but it's true - when you are lucky at something you become addicted to it and you are doing this over and over again not knowing how to stop.
12393  Bitcoin / Bitcoin Discussion / Re: I need your opinions on: December 24, 2015, 09:19:58 AM
It looks nice, but has no actual value at all.

What did you mean by that? What makes you think it has no actual value?

It is made with precision and it's amber ffs. IMO it makes a very good souvenir at least.
12394  Economy / Economics / Re: Transaction fee on: December 24, 2015, 08:54:20 AM
Then stop using that exchange. The minimum fee for nodes to relay will get lowered if that happens. After sometime, less people would be willing to pay that high of a transaction fee and miners would start to mine transactions with lower TX fees.

I'm afraid until 'miners would start to mine transactions with lower TX fees' the people would 'stop using that' bitcoin.
Lets face it. Bitcoin will never go from $400 to $5000 or even $1500 overnight. It would definitely take sometime and miners would start adjusting their minimum fee to accept. I've had 0.00001BTC/kb confirming smoothly recently, this shows that miners are accepting fees that are at that range. By the time price goes to $5000, block rewards would be lower. If the price rises, users won't be wanting to pay high fees and miners would want to maximise their revenue. Hence, they will start accepting lower fees in BTC.

I agree, that's why it is called the market: whatever "unpredictable" happens the market will adjust to it.

I think the value of transaction fee in fiat is the least thing we should worry about.
12395  Economy / Gambling discussion / Re: Any advantages from gambling? on: December 23, 2015, 07:34:17 PM
I saw people discussing only issues of gambling but no one telling about advantage. So many gambling houses are coming up so is there any advantages to player or houses?

There are advantages for houses we all know that.  Smiley But there is at least one advantage for player which is fun. We all need to do something for fun sometimes. For some people gambling is a good option. But don't gamble with amount you can't afford to lose (which has been said hundreds of times here).
12396  Economy / Economics / Re: Bitcoin can not replace fiat on: December 23, 2015, 07:10:27 PM
bitcoin is not real money but merely a different way of employing existent fiat money, obviously it cannot replace it.

in other words, a bitcoin is not itself money, because it always relies on an actual form of money to underlie it. 

I don't get it. Can't we say the same about any currency or even about gold?

Would you agree with the notion below?

"Gold is nothing by itself it is only something when you know the price of it in dollars."

I hope not. Smiley
12397  Economy / Economics / Re: Is the world economy dependent on the American economy? on: December 23, 2015, 08:49:38 AM
Is the world economy dependent on the American economy?

Yes it is. But let's not forget that the world economy is dependent on other big countries' economies too.

Personally I don't understand why some people talking about the USD as something special, as something you can just print and then buy anything in the world with. Can't you print say pounds or euros or almost any other world currency exchange it with dollars and then buy anything?

Maybe I'm missing something, so I'd like to see the explanation why am I wrong.
12398  Economy / Speculation / Re: Bitcoin - 2016 on: December 23, 2015, 08:12:29 AM
What do you think will happen? Bitcoin will rise or not? Smiley

I think Bitcoin will rise in 2016. It won't rise much though, by summer it will rise 20-25% from today's price and then stabilizes at around $500. We all want it rise more than that but let's be realistic, the fair price for Bitcoion in 2016 is $500.
12399  Bitcoin / Bitcoin Discussion / Re: I need your opinions on: December 22, 2015, 05:34:19 PM
How do you like this bitcoin
Its natural amber 21g

http://zapodaj.net/4beabf3d23bc4.jpg.html

Looks very cool, good job. Although I'd suggest you to take another picture: put your bitcoin horizontally on a black surface and take a picture sidewise(from any side). It should look much better then.
12400  Economy / Scam Accusations / Re: New Scam Site. http://foklers.com on: December 22, 2015, 01:29:25 PM
Says someone who is promoting a MLM ponzi in his signature

Haha, I haven't noticed that. Thanks for bringing this to my attention. MWM is a ponzi, I hope everyone knows that already.

This doesn't mean that the site foklers.com is not a scam though.
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