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1421  Economy / Gambling discussion / Re: Betting on sport = gambling? on: November 04, 2016, 05:21:18 PM
Sport betting can be an art... it requires a lot of research, fine tunning, understanding of the game, the players, all the statistics... of course, when it's all said and done, you are going to need a lot of luck, at the end of the day, but almost everything needs luck. It's all about reducing the luck factor as much as possible.
1422  Economy / Gambling discussion / Re: [Boxing] Pacquiao Vs Vargas on: November 04, 2016, 05:06:42 PM
I would never ever count out Manny Pacquiao, he is a world class fighter, thought competitor, he never gives up, he still has big explosive moves, he can take punishment... he is a dangerous opponent. Of course, age has it's impact on the body, and maybe he runs out of gas now faster than before, but if he can he will go for the KO.
1423  Economy / Speculation / Re: When do we cross the 1000 USD barrier? on: November 04, 2016, 05:04:59 PM
My guess: before 2018. Just buy and hold, and you'll be good.

Good guess. I also think that before 2018 the price will not be able to be kept under 1000. We are under 1000 because of manipulation, big hands are at play and they are not interested in making BTC fly just yet, they want to buy as much cheap BTC as possible before we go 5 figures.
1424  Economy / Economics / Re: panic selling on: November 04, 2016, 04:59:05 PM
The bitcoin community must have one of the biggest amounts of panic selling idiots i have ever seen. They get fucked every single time by the smart whales that push rumors, fake or real, in order to shake all those weak hands, and buy the dip every damn time while they are left out of the game because they are too stupid to realize their big mistake. These people never learn to buy and hold.
1425  Bitcoin / Bitcoin Discussion / Re: How to teach people to download software wallets? on: November 04, 2016, 04:50:27 PM
As somebody else also stated, computers/laptops/cellphones are not so safe either.
If you know well the person(s) and they trust you, generate for them a paper wallet and ask them to transfer the coins there (maybe even keep yourself a copy for the case they lose theirs!!).

If you are the owner of an exchange and can afford 1 day of downtime... simulate a hack: show temporarily 0 funds to everybody and show a vague info that could be read as "exchange hacked".
Then next day, after you were on the news, you can tell "it was only a drill, don't panic, but please use your own wallets, for more safety".
It could be a good advertising after all  Grin

Sure, your computer may not be safe, but you can take responsibility of your own computer. You have options, you have control over it. Now, what control you have over it if you give your private keys to some website? it's just not the same.

If you have an electrum wallet, or a core wallet, you can save several backups, it's impossible that you end up with an empty pocket.
1426  Bitcoin / Bitcoin Discussion / Re: The Fucking Chinese on: November 04, 2016, 04:45:33 PM
That is why China now owns the Bitcoin.  Fucking Chinese.  

Why so grim? You just need to learn to love them. They love raw dogs after all...
https://metrouk2.files.wordpress.com/2016/04/dogs5-e1459835985940.jpg
[Possibly disturbing image warning]
WTF!!!? This is fucking outrageous!  Is that really what I think it is?  Raw Dog?  I knew those fucking Chinese were crazy.



So? They need to feed a population of a Billion people and if you can chose to die from hunger or eat a RawDog, you would also go for the raw dog. Nice troll you got going here, I think this one will get a lot more attention than the others. Here we have some racism and all the controversial things in one thread, so it's bound to ruffle some feathers. ^smile^

Good pic ^smile^

It's not an excuse, just like it's not an excuse to create massive amounts of pollution in the air because "there's a lot of people", or paying shit tier salaries because "there's a lot of people". It's always this ridiculous "there's a lot of people" excuse.

If there's a lot of people, first of all, people should stop having kids, if they can't find ways to properly manage resources and stop pumping insane amounts of shit in the air, but then again, their government is fucked. The west is heaven compared to china.
1427  Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to teenagers or children on: November 04, 2016, 04:33:41 PM
It trully is a waste of time. They will never understand it. Kids and teenagers don't want to hear about how a currency works or any of the details, they will find it boring, they can't be bothered, most adults can't, let alone kids and teens, let's just focus on making bitcoin work as expected by casual people.
1428  Bitcoin / Bitcoin Discussion / Re: Effects of Banning Bitcoin ? on: November 04, 2016, 04:20:26 PM
It's clear that people are so scared about the NEWS more than the actual facts. There are a lot of idiots out there that buy bitcoin and panic at the most ridiculous news, let alone when some ban rumor is around the corner. It's sad to see, but until we have a bigger marketcap, idiots panic selling can modify the price this way.
1429  Economy / Gambling discussion / Re: [Boxing] Pacquiao Vs Vargas on: November 03, 2016, 04:19:28 PM
I am one of the people who are not aware of the upcoming fight.
I thought Pacquiao is currently busy with what is happening with the government because of his senate position. It is not even being advertized here in Philippines about the fight.  Undecided

This also catches me by surprise. I thought he was retired after the Bradley fight, but it seems Bob ARum said Manny needs a lot of money in order to create help plans for the people of the Philippines. Manny Pacqiao alone can make more money than most people combined on that country.
1430  Economy / Gambling discussion / Re: Learn how to gamble on: November 03, 2016, 04:13:25 PM
It depends on what you are betting at of course... if you are betting on sport matches, then study the statistics of that particular sport, the different teams etc.. same for boxing/ufc etc. Learning about what gambling itself is good but you must know your game.
1431  Economy / Economics / Re: Bitcoin Rallies During Presidential Election on: November 03, 2016, 01:38:40 PM
I am hoping for a Trump win. There are rumors that if Trump wins the bitcoin price will skyrocket since Trump is unpredictable and no one knows whats going to happen, therefore Bitcoin will be used as a safe haven.
1432  Bitcoin / Development & Technical Discussion / Running pieces of blockchain in different hard drives on: November 03, 2016, 01:27:31 PM
I was reading another thread and I saw a good idea mentioned: running blockchain in different parts in different hard drives.

For example, you have a 200 GB drive that you don't use much, and you say "ok, I want to use this drive for the blockchain".

Now let's say X years from now, the blockchain is bigger than 200 GB, now that hard drive would be useless for this task, so you would need to delete all the files and use it for regular storage.

But what if we could use the 200GB of blockchain files on that hard disk, and keep downloading on a new hard drive? So even older hard drives will still be useful to run nodes.

I hope this makes sense.
1433  Bitcoin / Bitcoin Discussion / Re: Difference between Bitcoin and real money? on: November 03, 2016, 01:15:14 PM
People that is not within the bitcoin game and constantly looking for news, learning the technology and owning some, thing bitcoin is not "real money".

The best way to convert those people into believers is by buying something fancy with bitcoin. I wish Bitcoin went to 10k or at least 5k per coin, so I can get a new cool car, then people will learn that bitcoin is real money. Like it or not, this is the most effective way to be taken serious.
1434  Bitcoin / Bitcoin Discussion / Re: NEver keep all your coins on an exchange on: November 03, 2016, 01:12:11 PM
This is still the most common mistake among newbies. People buy their bitcoins on coinbase, circle, or any of those sites, and they almost never do any other research than that, they think they are set and it's safe to leave the coins on there. Those people will learn the hard way.
1435  Other / Archival / Re: Which one is better for bitcoin future? Mass adoption or huge price increase? on: November 03, 2016, 01:05:18 PM
Bitcoin is not suited yet from mass adoption. If millions of users jumped  out of nowhere into bitcoin, we would have problems in terms of slow transactions and so on. It is better to stay under the radar until lightning network is operative.
1436  Economy / Gambling / Re: New in Gambling, Need Help! on: November 02, 2016, 04:36:41 PM
I have good memories of primedice because the guy behind it (stunna) ran one of the best signature campaigns of all time with great rates, unfortunately the signature campaign ended and now it's only available for Staff members, so I had to search for other. The one im at now is also good and they have a good site, I think it's the highest paying signature campaign right now.
1437  Economy / Gambling / Re: Hillary vs Trump betting: what are the best sites? on: November 02, 2016, 04:25:04 PM
If anyone is interested, I have found this very useful website, that shows different gambling sites and compares the odds on a certain topic. In this case, for the US election:

https://www.bitedge.co/odds-comparison/2016-us-presidential-election/

I think I will wait until the last minute to make a bet, you never know with all those leaks.
1438  Alternate cryptocurrencies / Speculation (Altcoins) / Re: zCRASH or zMOON? on: November 02, 2016, 04:20:28 PM
Personally im going to wait it out on the sidelines too and watch the fireworks. I think the price is going to test 1 BTC as the new resistance. If it behaves similar to 0.7-0.8 area during the last days of October, I may buy some hoping for a new pump, but it has to be stable for at least a couple of days.
1439  Alternate cryptocurrencies / Altcoin Discussion / Re: Info on the ZCash (Daily?) ramping scheme for block rewards on: November 02, 2016, 04:15:15 PM
The coin issuing on this thing is really weird. They say it's because it gives people an opportunity to get in cheaper or something like that... I think it's stupid, all it creates is a coin that is worth a ton of money per unit, you can't create an egalitarian distribution of a coin unless you centralize and manipulate it, if not, then people that come first and take the big risks get the most money as it should be.
1440  Economy / Speculation / Re: We are heading towards a new All Time High on: November 02, 2016, 04:06:07 PM
Eventhough i am extremely bullish longterm, posts like this remind me to make some short positions quick!

Anyways, hope i am wrong and OP is right this time : )


There are always dips across the way, the problem is you may screw up big time when trying to short. You think you are doing a great short, go to sleep and then it's higher than you started with and you end up losing money. I never short because shorting can make you go bankrupt.
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