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1501  Economy / Speculation / Re: Bitcoin is about to collapse this week on: November 19, 2018, 10:27:55 AM
check out the, volume and MACD trends.Volume is dipping very very rapidly .....its over guys... get out while you can ....

you said " Bitcoin is about to collapse this week". How about now? No collapse. nothing special happen. please do not post something like this if you don't have the clearest clue. thanks. Roll Eyes Roll Eyes

Hmm... No collapse?

I mean... What does it take for you to talk about a collapse?
BTC has lost something like 20/25% of its value in a month. That's what I call a collapse.
And it seems to me that it's not the end and that the future is worse...
1502  Economy / Gambling / Re: Some people wanted to test 'value betting' software with me on: November 19, 2018, 09:21:04 AM
But still it is not a guarantee that software is going to work good enough to make some profit from it. I know what your intention, you just want to share with us here but if there is no proof om what you are going to do, I believe there will be no player around here that going to join your small group of betting. I believe this has nothing to do with the amount right? So you can start from small betting, as long as it is profitable then it will attract more players

Exactly.

That's why he wants people to join.
You know I don't even think he'll run with the money cause it won't be much. Even if I've seen people scamming for shit like 10€...
But he'll simply be assured to get the fees plus a good share of the profit.

Anyway value betting is a hell in bettings site sport. When you get caught you're immediately expelled with you're funds being seized.. It's much more risky than what most people believe.
1503  Economy / Economics / Re: Bitcoin’s Affect on US Banks Money Laundering on: November 19, 2018, 09:13:55 AM
For me you're not answering the claim at all.

What the article says is that banks already are laundering a hell amount of money.
Businesses are deep in that too.
In fact the more money you have the more likely you are to be deep in laundering.

But it doesn't change the fact that it's one of the main uses of btc. Saying "there are other ways to do money laundering" doesn't change the fact that btc is used for that, a lot.
1504  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 19, 2018, 09:10:52 AM
This is really hard to watch.

And to be honest: Who would buy in a market like that.

We are constantly falling since January. You basically know, if you buy now, it will be worth less in one month.

You had the same thoughts from when it went from 1k to 160$.......?

With BTC you just need to know what you buy and stand behind your own personal decission, its as easy as that.
When you have 1k-10k-100k its always just the Same take a % of what you willing to risk and go on it, Some Guys are in 10% others are all in , yeah just gotta do where you feel comfortable with Smiley

'Xactly

Thing is that people are still confused thinking that btc has some kind of internal value that you can evaluate... But that's completely dumb. Btc is a digital asset that has the exact value of: number of btc available/amount of money people are willing to put inside this market.
That's all. There is no internal value in btc so price up or down means nothing except that noone wants to invest new $ in this market right now and that btc are kept produced...

Wait a couple years IMHO. We need fresh new people wanting in. We're mostly old folks around, we're more waiting to sell than "in" the technology for most of us I'd say.
1505  Economy / Gambling / Re: Lordmancer II - an MMORPG where you can earn crypto on: November 16, 2018, 04:33:00 PM
Ah ok so that's some kind of ingame currency market implemented?

A bit like Eve online with the PLEX which has a concrete real world value?

The problem with those games is that creators are... Heavily tempted to jsut create objects better than current ones and sell them on the ingame market...

On the long run investment of the players get depleted in the new items created. It's more or less a closed system where creators can vacuum whatever they want...
1506  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 16, 2018, 02:04:08 PM
My gf sells on localbitcoins.

The past couple of days she's had some big sales requested.

I told her to ignore them.



Not taking the chance of the price shooting back up right after she's done a sale.

Yeah selling right now doesn't make much sens unless you need cash.

I don't believe for one second that price will rise back on 8k or 10k before at least months and probably years, but selling  now is a risky move. Price can still stabilize back to 6.5k whenever happens...
1507  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 16, 2018, 01:11:16 PM
If there had been significant upward pressure, then we wouldn't have been stuck at ~$6.5k for so long. I predict that ~$5.5k will be "the new $6.5k" for a while, maintaining relative stability with periodic bouncing.

I suspect that we're on a long-term slow downward trend until either the next halving or until something major happens (eg. ETFs, maybe certain global events, etc.).

This is right what I'm thinking currently.

From a very basic and practical point of view:
-Adoption rate have been nothing but dropping in last year
-Usecases of btc aren't coming up. The only thing btc is still really used for is money laundring and illegal purchases
-We're at the end of a hype cycle

So there is no reason for the trend to be anything but down for months and probably years.

We need to wait for a new wave of adoption and projects, the machine is stopping right now. Next halving can be the savior but only if it peeks the interest of people with a good big FOMO.
1508  Economy / Speculation / Re: Bitcoin is about to collapse this week on: November 16, 2018, 01:05:35 PM
Well. Looks like we actually did get a sizable dip today. Thoughts ?

Like 2 weeks after? This wasn't due to any Technical Analysis prediction. This was mostly due to the BCH Split, it's sad that this market is still sensitive to all kinds of news, FUD, etc.

You think it's due to the BCH split?
I don't quite see the correlation... I mean the price of BCH should be falling of course but what's the link with BTC?
1509  Economy / Gambling discussion / Re: Bustadice vs DiceBet Leveraged Investment Returns - Recorded Weekly - 0.6BTC! on: November 15, 2018, 12:35:04 PM
Wahou it hurts...

But I don't understand how you get that result.

If the whale was positive in the beginning and but lost it in the end... How are you at this level? From what I understand, if you get a *50 leverage it means that if the site loses 2% of its bankeroll you lose everything and the investment is closed. How can you still have an oppened investment?
1510  Economy / Gambling discussion / Re: Best gambling website to invest into? on: November 15, 2018, 12:30:30 PM

Following the example of this ballsy dude : https://bitcointalk.org/index.php?topic=5037928.0

Anyone has any recommendation on some good, big gambling websites that allow investments into the website's balance? Feel free to let me know your experience, and why you prefer any specific website.

Preferably a website that has been around for at least one year, and proven itself as a profitable source on the long term. No one likes scam exits. Cheers!

This ballsy dude... Who got rekt.

Investing in a gambling site is risky don't forget it.

But if you're interested Yolodice is an excellent site with lots of options for investors. You can check out the charts the data and all you need pretty easily. I advise you to be careful while chosing your level of leverage as it is without a doubt the most important part of investing on a gambling site.
1511  Economy / Gambling discussion / Re: Betting with me 😀 on: November 15, 2018, 12:21:11 PM
Should I trust something like this? I mean there are many scams right now and I don't want to engage is such. What I want to see is if there are actual people doing betting with you and an actual count of winnings for the said contest that you posted.

What the hell are you even talking about?
These are just free tips from a random guy. It's not like he's asking for a subscription fee or whatever. He's just saying "hey I got a feeling that this bet is a good bet."

You just do your research and see if it seems like a logical betting option for you.
That's all.
1512  Economy / Gambling discussion / Re: how long you can stay without gambling? on: November 15, 2018, 12:07:27 PM
I had furious gambling problems for quite some times...
Now I'm handling it by the frequency of my games! What I do is that I gamble only once every six or seven months. The idea is to bet a rather large amount of money for a unique gambling session. Not something so huge you're in trouble by losing it but one big enought that you really wish you didn't lose it. And obviously I lose it when I gamble awway. So after losing this big amount I stop gambling for six months or so because I feel so guilty ^^
1513  Economy / Gambling / Re: 💰💰💰💰BITCOIN Lottery Ticketing💰💰💰💰 on: November 15, 2018, 12:00:25 PM
Is this for real? I see a username in the winner list won more than BTC7,000 but he is not even on the withdraw list. It sounds very fishy to me, and the other fishy thing is that there is advertising banner on the site. A site that offers so huge amount of prize with many huge winners as well as withdrawals history, still need advertising?





A newbie presenting a website with a picture of 7kBTC won without anyone ever hearing from it?

You don't have to go much further.

It's not real, it has never been and it will never be.
Thread should be deleted.
1514  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 22, 2018, 01:01:51 PM
You know, as a business, you can accept zero confirmation transactions from both BTC and BCash.

For BTC = just wait 10 seconds. Even a cup of coffee can wait 10 seconds. It's zero confirmation, but you can almost safely accept the transaction if there are no double spend attempts after 10 seconds.

For BCash = just wait about 10 seconds also. Maybe 20 if you want to make sure. After a confirmation, send it to an exchange and market sell.

For anything else that costs more than a cup of coffee, I'm sure you can wait 10 minutes for a block; and if the transaction hasn't confirmed yet, it should in a few.

Not quite.
Imagine you're i na store buying for 150€ of clothes. Wouldn't it upset you to wait like 15 or 20 minutes for a block? xD
You see yourself waiting near the exit that the block passes?
And if it take 4 blocks nearly an hour spent waiting?

That's completely crazy ^^
1515  Economy / Economics / Re: How to cope up with the falling prices? on: June 19, 2018, 03:03:04 PM
Hey it's quite easy: hold.

Take a chart of price of the last 2 years and dezoom a bit.
You will see how incredible the highs and downs are. Price can increase or fall by 10% in a day.
Don't think about your loss, as long as you haven'ty sold you haven't lost anything!
1516  Economy / Speculation / Re: BTC’s Market Dominance back to 40% - what’s next? on: June 19, 2018, 02:50:46 PM
It's not market dominance, but market cap dominance. Stop paying attention to such worthless metric. It's meaningless in every shape or form with supply manipulation and ICO's constantly popping up out of nowhere.

Even right now that 40% figure isn't accurate. XRP doesn't have a $21 billion market cap, but $53 billion, which is higher than Ethereum. It perfectly displays supply manipulation, and the fact that CMC and other sites only fetches data from the circulating supply, which is false. It was last year where a coin popped up and had a $1000 billion total market cap, and that with only a 24H volume of $6000 lol. Ignore all these noob sites.

Bitcoin and Ethereum are the only ones with an actual major market share, and a well developed ecosystem around them, which are the only aspects that matter in market terms.

This.

So fucking true.
It's not that other coins aren't interesting or promising or whatever...
Sure coins like XRP are cool and might get big one day but it's delusional to believe that it's something safe and secure.

The only completely developped coins are bitcoin and ETH.
That's it. Nothing more.
1517  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2018, 02:38:59 PM
Are we going back to the $7000 levels this week?

The word possibly comes to mind. But I wouldn't bet on it.

If it does you might consider selling at 7k to buy back after we fall again at 6k!
I don't see why price would rise now. It's not like people are getting back trust in btc right now!

Or did I miss something major? xD
1518  Economy / Economics / Re: If You Hate Poverty, You Should Love Capitalism on: June 18, 2018, 09:49:06 AM
This is a decent youtube clip emphasizing positive aspects of capitalism.

https://www.youtube.com/watch?v=_n6ivGgb9RY

More fuel for the discussion on capitalism fire.

The main point alleged here is: "world poverty has fallen by 80% since 1970".

They claim capitalism is the main driving force behind reduced levels of poverty over the past 5 or so decades, which in turn implies capitalism creates elevated living standards.



Sure there are positive aspects on capitalism!
Anyway there is few doubts that free market is the most effective way to promote short-term innovation and short-term efficiency.

Problem of capitalism is that the money creates money... Which means that in the long term rich people become even wealthier and poor people become poorer. That's exactly what's currently happening in all western society. Poverty is decreasing not thanks to capitalism but thanks to industrialization (which is a direct consequence of capitalism of course). Once the industrialization process is indeed the capitalism effect will be to increase inequality between rich and poors. And the worst part is that as rich people become wealthier they also acquire more and more power, making them actual dictators.

Capitalism and communism have different ways but the same consequence -> Dictatorship of few people and families who have no interest in changing anything.
1519  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 18, 2018, 09:22:08 AM
Speaking of Bitcoin, who the hell voted for another leg down in the poll. I didn't approve of this.

Bob? Angry

Sorry but still seems the most likely...
See no reason for anything but a few steps down.

Selling volumes are declining but are still strong.
And the number of oppened longs is far too too see a rise!
1520  Economy / Speculation / Re: Bitcoin price prediction for june end on: June 17, 2018, 06:59:04 PM
I would like to vote but there isn't my choice!

I think there is no reason to see BTC price really above 5k
For me anyone who voted above 7k is completely delusional on the current market
No one wants bitcoin. You need to be crazy or to be a pure holder to buy some right now.
Price is falling and will continue to fall for quite a long time, don't expect anything else!
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