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12521  Other / Off-topic / Re: Are you buying bitcoins? Why? on: November 11, 2015, 07:51:27 AM
What I'm doing is not exactly buying, rather I'm earning Bitcoins, but I'm definitely not selling them. I'm holding my Bitcoins now because I think $314 and even $350 is an undervalued price. The real price for BTC now would be $400 IMO, but even then, at $400, I would not sell them becuase I think the price will be around $500 by summer 2016.
12522  Economy / Economics / Re: The truth about the current bubble on: November 10, 2015, 07:42:13 PM
well, i like the current price development. i think soon it will be possible to buy back. during the weekend there will be less trading and the price will go down to 300 $ again.  Cool

I don't expect prices will go down under $300 levels again. Because there are many reasons the new investments have been brought into bitcoin ecosystem that would maintain bitcoin prices above $300 levels at least for sometimes.

sure price will stabilize around 350$
and dont thing that it will go below 350 think that this is bottom price for now

I also don't think $300 will be breached -- could have spikes below $350 down to $320 though in my opinion.

Well crap guys, I hope you are all right. We have just touched $350 today on Bitfinex. It would be really a waste of the run if we are to dip under $350. I don't know why, but I still feel bullish. That's why it's so weird to see this price drop today and a dump.

IMO the price of Bitcoin will not drop lower than $350 and from there it will start rising again because the drop to $350 was in a way conditioned by the sale of 44,000 BTC by US Marshals Service.

http://www.coindesk.com/us-marshals-auction-winner-announcement-delay/
12523  Economy / Gambling discussion / Re: Dice game strategy? on: November 10, 2015, 05:15:38 PM
Can't guarantee it will work 100%, but works for me sometimes:

See if it was no under 10 or over 90 around 30 bets before, then start betting say 10k over 90 or under 10 respectively. If you lose 5 times then double your bet.
12524  Economy / Gambling discussion / Re: Everyone looses in the long run on: November 10, 2015, 04:07:57 PM
Indeed, if you can just play gambling for fun only and just play with profit from yesterday wins, gambling can be quite fun and challenging.
This is how i view it too. It is fun when you win. But don't let it get too far, just as you are saying, use your profit from day before.
If on a losing streak stop and walk away.

Yeah, but the problem is when you are on a losing you think it will end 2-3 bets from now, and you are betting and betting, getiing more and more reds.
12525  Economy / Economics / Re: what caused the increase in price of Bitcoin? on: November 10, 2015, 04:03:03 PM
what caused the increase in price of Bitcoin?

Apart from demand from China its halving coming in several months when the price will be around $500 IMO and stabilizes there.

EDIT: And the price has dropped because of this I think:

http://www.coindesk.com/bidder-turnout-low-silk-road-bitcoin-auction/
12526  Bitcoin / Bitcoin Discussion / Re: Is there a way to earn at least $1 in BTC per hour? on: November 10, 2015, 02:59:12 PM
That may be possible but it needs a lot of effort and time posting constructive and non spammy with multiple accounts. It will be hard to manage those you'll end up spamming which will eventually result to banning of your accounts. In addition, some campaign managerd doesn't allow alts on their respective campaigns and if they found out 2 or more accounts of the same person, they will ban that user on the campaign

How do they find out the alt accounts? Do they have access to IP address or using some other means?

It is probably everything about quality of posts. But for sure they have access to IP.

I have seen one script which is calculating quality of your posts. I think if quality is good or better they woldn't ban you.. but i'm not sure. So maybe better ask some moderator about that.

On this website you have calculator: http://www.bctalkaccountpricer.info/

Does anyone know how do they calculate quality of posts? I don't think that they just count symbols, right? But how then?
12527  Bitcoin / Bitcoin Discussion / Re: I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase. AMA! on: November 10, 2015, 02:53:24 PM
I'm Charlie Lee, creator of Litecoin & Director of Engineering at Coinbase. Ask me anything!

Happening now at: forum.bitcoin.com



So far Bitcoin.com also has:
forum.bitcoin.com (a discussion forum)
news.bitcoin.com  (a full news team reporting the latest Bitcoin news)
wiki.bitcoin.com  (A Bitcoin wiki that anyone can contribute to)
buy.bitcoin.com   (links to buy bitcoin)
wallet.bitcoin.com  (choosing a wallet guide)
chat.bitcoin.com  (Live chat on IRC)
with lots more coming soon!

Wow! thanks for the link!

I'm wondering how many Litecoins the guy has himself. No answers from him yet though.

I also can't understand why are the guys like him not doing AMA here, on bitcointalk?
12528  Economy / Gambling discussion / Re: is gambling fix your life? or wreck your life? on: November 10, 2015, 08:13:09 AM
Gambling is no way from the things which are wrecking my life. On the contrary, I have fun with it even though I don't have any profit. If you gamble with small amounts it's fun even if you lose. But never try to recover your losses because doing so you might lose a lot.
12529  Other / Off-topic / Re: Do girls use Bitcoin ? on: November 10, 2015, 08:06:10 AM
Even here on this forum there are many women, not as many as men of course, but they are here and everyone can see it. So the to OP's question is YES. )
12530  Bitcoin / Bitcoin Discussion / Re: 40,000 stolen Bitcoin suspect Zhou Tong's co-founder is currently doing an AMA on: November 10, 2015, 08:00:29 AM
So he was pretty much found guilty of stealing his own Bitcoin; and then now he is starting a new company. This guy has balls. But who will even use this company knowing that Zhou Tong worked on it. I would be quite hesitant to use such a website and if you are planning to use this company, please tell me your reasoning for it.

I'm not going to use the service in the near future, but in general replies like below might convince me to use the service.

Quote
Mon Nov 09, 2015 4:29 am

Just here to say great job with your service. Used it for a long time. Quick & easy and the customer service & user experience was perfect. Recommend to all Ausralians who are looking to quickly switch fiat to Bitcoin or vice versa.


Primedice Head of Operations & Co Founder

Email: Edward@Primedice.com
Skype: Prime.Miroslav
Telegram: @EdwardMiroslav
12531  Bitcoin / Bitcoin Discussion / Re: BITCOIN IS BETTER THAN WESTERN UNION ? on: November 10, 2015, 07:45:07 AM
My second ask
how if bitcoin price hit $50.000 and minimal fee= $5 (10.000 satosi) Huh

Firstly, this will not happen in the near future. But even it will happen Bitcoin still will be a better option regarding fees.

If you want to transfer $200 with WESTERN UNION the minimal fee (3 business days) would be $8.00
12532  Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto and the Nobel Memorial Prize on: November 09, 2015, 03:13:57 PM
Satoshi Nakamoto for the 2016 Nobel Memorial Prize in Economic Sciences.?
What do you think about this? Are you agree with? Why?
Many people agree that the invention of Satoshi Nakamoto has changed the financial world, and due to the las mentioned
He would be a totally worthy person to gain it.

As far as I understand, he was only suggested for the nomination (how many others were also suggested? idk). And truth to be told, it is not officially a Nobel Prize actually. IMO he deserves much more than that.

You can read more here:

http://coinyoo.com/2015/11/09/bitcoin-inventor-satoshi-nakamoto-nominated-for-nobel-prize-in-economics/

Quote
The candidate of Satoshi Nakamoto has been offered by Bhagwan Chowdhry, UCLA Professor of Finance. The Nobel Memorial Prize in Economic Sciences that Nakamoto can get is not officially a Nobel Prize. It was established by Sweden’s central bank, Sveriges Riksbank, in memory of Nobel Prize founder Alfred Nobel. It is awarded annually in December at Nobel Prize Award Ceremony.
12533  Bitcoin / Mining / Re: SOLO mining with Spondoolies Tech SP 20 ! Wish me luck on: November 09, 2015, 03:00:16 PM
I have decided to try the lottery by mining solo with an SP20 on solo.ckpool.org
You can watch the stats live here :

http://solo.ckpool.org/users/1D1yRMuoDrFgDZmU9h89YbxdtV4zSRUzec

I will keep you updated in case I find a block !

If anyone wants to contribute with a little hash to a good cause is welcome ^^



I sincerely wish you luck with your solo mining!

Since there are not so much topics and updates in the Mining section, your updates will be highly anticipated. Please do them. And GL again!
12534  Economy / Gambling discussion / Re: Can gambling be profitable in long term ? on: November 09, 2015, 02:54:16 PM
Sports betting is also risky like other format of gambling but it demands so much knowledge to take some profit but any unexpected result can ruin all winning.

That's why if you will go to a sports bettings, bet only to the sports that you are really interested if you really want to make a profit. This somehow can make you help a right prediction. Read some analyzations and opinions too and just don't bet quickly.

Since some of the sport events are arranged, no analyzations or qualitative opinions will help you to predict the result of a game in those cases. So IMO sports betting is not better than any other.
12535  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: November 09, 2015, 12:51:59 PM
I think it is a good long term investment to buy bitcoins

There are a lot of risk factors here that you gotta keep in mind before you decide to buy/sell/trade bitcoins

Don't invest into anything if you can't afford to lose

I agree with this. Although I think Bitcoin will never be lower than $340 and it may look like you should invest everything you have at that price, I can't guarantee it 100% (and no one can). So you should be very careful with your investing.
12536  Bitcoin / Bitcoin Discussion / Re: Litecoin v. Bitcoin on: November 09, 2015, 10:24:48 AM
Bitcoin seems to be much more mainstream and popular than Litecoin!
Yeah maybe for starters or newbie, they do not know, what it is litecoin
bitcoin is more popular because it is created first

Well, but do you think that Bitcoin has no more advantages compared to Litecoin except that it was created first?

Do you think that there are no valid reasons for Bitcoin to cost much more than Litecoin?
12537  Economy / Economics / Re: I just made my 4th BTC on: November 08, 2015, 03:27:43 PM
I was able to make 4 BTC within one year now , I'm not sure how good or bad this is in your opinion but I can deal with it and I'm happy .
What are your suggestions for me ? I'm not really interested in gambling and wasting my money so keep these kind of suggestions away please and tell me if I'm on the good path or not Grin

You are on the good path, mate! Congratulations!

4 BTC, wow! I have only 0.5 so far. I'd suggest you to keep it up!

And you are right btw that you are not going to gamble your coins away.
12538  Bitcoin / Bitcoin Discussion / Re: are you think there is a possibility MT GOX version 2? on: November 08, 2015, 02:47:22 PM

I don't think so. Mt. Gox was the biggest  bitcoin currency exchange market at the time and was very trusted place. What happened to it was highly unexpected and customers lost their money because they were unable to withdraw them months before the collapse was officially reported.

As long as customers can withdraw their money from those exchanges, they are no Mt. Gox.
12539  Bitcoin / Bitcoin Discussion / Re: Is there a way to earn at least $1 in BTC per hour? on: November 08, 2015, 02:25:16 PM
Someone said that is earning 1btc daily ,i can say i believe but how many bitcoins are you using to get such income?We are talking about ways to make 1 dollar hour in btc ,soo we suppose we have no money on the pocket.

You could probably make 1 BTC daily by having multiple accounts with higher ranks on a signature campaign. I don't know if farming would make yourself banned from either signature campaign, but maybe it is a great idea.  Roll Eyes
this is not possible if you try to make so many (spammy) posts in very shorttime badbear will wake up and ban all your accounts lol

You will have to be really  creative doing that on a signature campaign.
But if I will be that creative id rather be in a blog where people tips you and pays for your creativeness. That will be more profit than a post here

This is very interesting, to me at least. Could you please provide some links to such blogs, because, believe me or not, I've never heard of them before.
12540  Economy / Gambling discussion / Re: Gambling for a living or a living for Gambling? on: November 07, 2015, 07:52:13 PM
Hi Everyone..!!!

Why are you gambling,  you do it for gambling a living or a living for gambling?
Please share your opinion.
Thanks in advance.


I can't say I'm gambling for a living, I'm very far from that. The maximum amount I won from gambling in one day was around $20, so, obviously, with my luck at least, you can't live from gambling.

But I can't say I'm living for gambling either, because I find real life much more interesting than gambling. I do gamble for fun sometimes and I enjoy it, but am I living for it? ... No.
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