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1301  Economy / Games and rounds / Re: Primedice 2015 Giveaway Round 1 on: January 06, 2015, 08:41:35 AM
Received the bonus and lost it gambling

lol  Cheesy
1302  Alternate cryptocurrencies / Altcoin Discussion / Re: Whats the most you have lost in one coin? on: January 06, 2015, 08:36:30 AM
I lost 10+ Btc in COIN2 but no worries because that loss never make me hard feelings, I got 30+ btc from same coin and lost 10 at the last moment when it crashed again and again.

So you did not lose 10 BTC in COIN2. You made 20 BTC from it.  Cheesy
1303  Alternate cryptocurrencies / Altcoin Discussion / Re: Lets not create any more altcoin in 2015 on: January 06, 2015, 08:33:45 AM
there are nearly as many coins released. Scam-rate is close to 100%

I predict in 2 months not a single dollar can be made on new coin release.

Right now only option is: go to the coins that survived until now and have community. Everything else will die.
New coins don't stand a chance now. Only coins with a strong community can make it now.
I would vote something similar. But I have been saying this for a year now and somehow it keeps going. Though the money does seem to be drying up fast.

There are always new people joining crypto world and who think they 'missed' the bot on all popular coins, so they just get on the next train that promises them good return. And since they're newbies, they fall short of identifying scams from legitimate releases. They just think a 'new universal coin with awesome technology' will triple their investment.
1304  Alternate cryptocurrencies / Altcoin Discussion / Re: Its time to sell your Paycoins on: January 06, 2015, 08:25:49 AM
I sold my Paycoins at their peak value. The value has been dropping these past few days. I saw this coming Smiley. Paycoin is just a fad passing by. At the sign of the price dropping just sell. If you don't want to lose money, sell.

Glad I never bought any. I was first interested in this coin, everyone was talking about it and there was some $20 price point which was hyped so much, everyone wanted to buy them.

But I searched and read a bit, they had a huge premine for investors and developers. Only a small portion was open for mining. And they were willing to sell that shit for $20 a coin? Thanks, but NO THANKS.
1305  Economy / Speculation / Re: bitstamp 18,000 bitcoins stolen? -confirmed on: January 06, 2015, 08:19:07 AM
No you are wrong. The money is traceable right now but if the person sends it to an exchange and changes it to DRK and then send the DRK to himself its completely untraceable.


Or he can just use a Bitcoin mixing service?

And BTW, there is no way an exchange can have 18000 BTC volume for DARK. Nobody buys/sells that many Dark.
1306  Bitcoin / Bitcoin Discussion / Re: Bitcoin Tipping Point on: January 06, 2015, 08:09:47 AM
YT video with ratings disabled + financial advice = scam

Haha.. . correct!

Especially when I'm putting my hard-earned money into something, I would sure as hell won't depend on a random YouTube video.
I might watch some funny cats, though Cheesy
1307  Other / Politics & Society / Re: NUCLEAR IS GREENEST TECHNOLOGY CLAIM 65 TOP BIOLOGISTS on: January 06, 2015, 07:28:02 AM
Sixty-five of the world’s leading biologists are demanding the “historical antagonism” towards nuclear power from the green lobby end. In an open letter, the group is expected to claim it is too risky to replace fossil fuels with wind turbines and are calling for nuclear to be in the “energy mix” as it is the greenest technology of all.

There is some merit to this opinion. Nuclear power may be the greenest of the all available options, but it is the most risky technology at the same time. Remember we're yet to find a workable solution to get rid of the nuclear waste?
1308  Economy / Speculation / Re: Bears are in the same team with the bitstamp thefts on: January 06, 2015, 07:24:39 AM
I think it is the same bunch of people that play the roles of both bears and thefts. They sold the stolen coins to drag the prices down and then used their ambushed short position to further maximize their profits. The 3K coins sold at $300 might be the stolen coins.

But of course 
1) Hack the exchange
2) use the same exchange to sell your coins
3) verify your identity and use a known bank account to withdraw the money from the exchange you have just robbed
4) assume nothing will happen and bitstamp will deliver your millions you have just stolen from them without even verifying anything


This is all it takes to close this thread.

And maybe I'm not getting it, but the 18k hack occurred just a few days ago and had no relation with those 30k coins sold.
1309  Economy / Speculation / Re: bitstamp 18,000 bitcoins stolen? -confirmed on: January 06, 2015, 07:13:44 AM
True. Stolen coins will be dumped immediately on Huobi, China and BTC-E within the next hours.

Wouldn't that give the hacker away? Do the exchanges apart from BTC-E require KYC documents? They might have to report big transactions like someone dumping thousands of bitcoins.

Most hackers use mixer services before sending those coins directly to exchanges.

Although there's no guarantee the hackers would use any reputed exchanges after mixing the coins. They may as well sell them offline.


Why don't we just make a central organization that decides which transactions get approved or denied.... oh wait....

 Cheesy  Cheesy   Cheesy
1310  Economy / Exchanges / Re: www.BITSTAMP.net Bitcoin exchange site for USD/BTC on: January 06, 2015, 07:05:37 AM

I agree. I am not sure if they have enough capital to swallow the 5.2 million $ value of the loss.

They say this is only a small fraction of their Bitcoin holdings:

"This breach represents a small fraction of Bitstamp’s total bitcoin reserves, the overwhelming majority of which are held in secure offline cold storage systems."
1311  Bitcoin / Bitcoin Discussion / Re: How many addresses do you think the average bitcoin user has? on: January 06, 2015, 07:02:27 AM
as the title states, whats the average number of wallet addresses per bitcoin user? With the ability to trace transactions and link people together based on publically posted keys, I know many people (including myself) have generated unique addresses for nearly all transactions just to be safe. My guess is somewhere around 40-50 addresses at this point in time.. what are your guy's thoughts?

Not counting the addresses on the trading exchanges, I have about 20 addresses.

They are not all being used right now, because I switch to new addresses every now and then (but I do keep backup of all old addresses I've used). I may create 10 new addresses every month.
1312  Economy / Speculation / Re: The first prediction/playgame for 2015 on: January 06, 2015, 06:59:41 AM
Even though the bitstamp was hacked and BTC180,000 stolen, the price not break but rise a bit

They lost less than 19000 BTC. I'm not sure where you got the 180,000 figure.

Also, given the past performance of the exchange, I see no point to panic. They will address this in a proper way and your money is not going anywhere.
1313  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new fiat slaves, gentlemen. on: January 06, 2015, 06:34:19 AM
While Bitcoin was the first piece of world-changing technology, let's face it - it has shortcomings that can be addressed in newer and better digital currencies.

Digital currencies are the future, but the world will eventually move to a better alternative than Bitcoin.
1314  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NEOS]Neos v2.0.1 Released - Official Upgrade Thread - Performance & More on: January 06, 2015, 05:58:03 AM
kingscrown just shared this with me and no it wasn't a paid review or anything like that, so thanks a lot man we appreciate it - http://fuk.io/january-2015-report-best-altcoins-and-cryptos-to-mine-and-invest-in-for-high-profits/

That's remarkable for a coin that spends almost nothing on marketing and promotions!

Just quoting from the article:

Quote
NEOS – this guys are working all the time on new code and the currency cannot be missed when you loo for long term solid investments. The devs are dedicated and just keep adding new things to this fully anonymous crypto with a wallet that you never seen before. If you look not for pure marketing but skilled technology behind crypto – thats a perfect choice.
1315  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CLAM] CLAMS, Proof-Of-Chain, Proof-Of-Pearl, Recent Mandatory Update on: January 06, 2015, 05:31:58 AM
Okidoki,

managed to import my LTC wallet.dat and got my first CLAMS.

Now I can't get my multibit.key file to work.. I go to the console, type "importwalletdump multibit.key" and get a big fat red "-".. The *.key file is in the same directory as the clam-qt.exe.. What could I be doing wrong?

I have ran into similar problem in past.

Then what I did was, I imported all private keys into BitcoinQT Core wallet and then imported the wallet.dat file into CLAM wallet. Worked fine.
1316  Economy / Service Discussion / Re: Hitbtc.com locking in customer funds. on: January 06, 2015, 05:29:15 AM
That's a pity. It is one of the very few exchanges I have been using. I really liked the interface and the trading engine.

I think if they fail to get around the fiat problems, they should just make it a crypto-trading exchange and dump the fiat support. This way they can better focus on what they're good at.
1317  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NEOS]Neos v2.0.1 Released - Official Upgrade Thread - Performance & More on: January 05, 2015, 05:07:22 PM
I'm very happy to announce that Neos is now accepted through http://www.litepaid.com!  A current list of merchants can be viewed at https://litepaid.com/services and it's easy to sign up and use their services to sell products for Neos on your website. =)

     Best regards,

syntaks

This is really great, syntaks!

A real-world application and usability is the key component for the success of any digital currency.

Cheers!
1318  Economy / Speculation / Re: BECOME A MILLIONAIRE OPEN PROJECT: Turn 100$ into a true life. on: January 04, 2015, 05:05:29 PM
   
The process will be very simple: I'm going to double my investiment 14 times in a row, reinvesting it every time.

You do realize that in order for this to work, you will have to be perfectly right all 14 times.

But in order for this to NOT work, you will have to be wrong only 1 time - and that will take you back to Zero.
1319  Economy / Speculation / Re: Price is dropping and Difficulty is increasing !!! on: January 04, 2015, 04:49:28 PM
i thought this is fundamental bitcoin rule, no dependence between price. i am not very aware about btc mining..so, sorry

There is no direct dependency, but indirectly, there is. To keep miners switched on at a higher difficulty, bitcoin's FIAT value need to rise, because miners are expected to pay their bills in FIAT.
So, I ask it here again:
Is there any proof that miners are selling their mined Bitcoin to pay their bills? Last time I checked recent block rewards, it seemed like they are hodling BIG.
(I expect people to ignore me again or come up with some more purely speculative statements)

I agree with you. If I have thousands of dollars to put into a very risky 'investment' with a fair possibility to lose all of it, I may as well have enough money to pay my electricity bills without a problem for a foreseeable future.

No need to sell my 'precious' BTC - especially when I believe in a bright future (and yes I WOULD believe in a bright future otherwise I wouldn't have spent my hard-eaned dollars on it).
1320  Bitcoin / Bitcoin Discussion / Re: Governor of the central bank of India is speaking positively on Bitcoin on: January 04, 2015, 12:25:28 PM

Coindesk always create a hype by interpreting such comments in a deliberately far-stretched way. I have seen them making big news out of usual comments from government financial bodies of different countries.

Basically they want to draw as much attention of people as possible by creating BREAKING news out of thin air.
You have to be very careful and read the original statements of those bodies in order to get correct interpretation.
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