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15801  Economy / Service Discussion / Re: Please comment on this thread about posting in the Bitcoin Talk forum on: April 28, 2018, 07:42:59 PM
I don't think it's a bad idea at all... any sort of effort aiming to help newbies gain some ground, especially in forums like bct where it can be daunting for the new (still daunting for me even after a year and a half in the technical sections!), but I'm not sure if it isn't a lost cause. Maybe I'm overestimating people but those willing to learn and honest about trying to contribute make the effort to find out what's acceptable and what's not.

I also don't know if there should really be a guide to what's good and what makes for good reputation. Part of the appeal of this forum is the diversity of people. I enjoy some of the trolls, some of the less serious banter, but also some of the "techno nazis". If we all followed some kind of guideline, it might kill that diversity, no? You said it in the post yourself: your identity, your personality, your motivation. That's really precious for the community. I think that should be allowed to grow and develop organically.
15802  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: April 28, 2018, 01:59:26 PM
Oh goddamns it. Took a long parlay today and the first leg already failed (needed Liverpool to win at a -1.5 handicap) so I've lost the day without the rest of the games even starting. Suppose they've got all their eyes on the follow up in Rome for CL but their 2nd place bid looks really week now. All depends on how Spurs perform I suppose. Two points from 2 games. Oh well.

@Lionidas: I did feel like Stoke finally found a way to close up Salah, but then others have tried the same without success. He seems to be one of those players everyone knows how they play and yet can't stop. Pool had Suarez in that same mould, Bayern has their Robben also exactly the same.

15803  Bitcoin / Press / Re: [2018-04-27] Paypal’s Former CEO Says Bitcoin Investors Are ‘Drinking the Kool-A on: April 28, 2018, 08:22:24 AM
Guys like these are actually just so pissed that they stayed on drinking the kool-aid, while others sobred up, opened their eyes, and moved away to their own digital money. Others have softened their stance, others have completed 180 degree turns. Over the past years, we've seen bears "convert" to Bitcoin, but it's difficult to concede/admit you were wrong, especially on something so fundamental as Bitcoin vs traditional money. So he continues to down his kool-aid, pretending the bitter taste is all he needs.
15804  Bitcoin / Press / Re: [26-04-2018]Chile’s Court Orders Two Banks to Re-open Accounts of Crypto Exchang on: April 27, 2018, 01:19:42 PM
I didn't read the whole thing but if the headline is accurate then this is no small victory for the two exchanges. It's really been only a week or so since their accounts were shut down, and made perfect legal sense for them to appeal, there was no legal grounds for the central bank to act as it did.

Maybe this will result in tighter controls for future exchanges but that's actually still good news all round.
15805  Economy / Gambling discussion / Re: Europa League/Champions League Lounge on: April 27, 2018, 09:36:05 AM
Jan Oblak was fantastic for Atletico yesterday. What a great display of goalkeeping from him. Arsenal could have won the match but Oblak denied quite some shots. I think Wenger knows very well that Arsenal will have a really hard time in Spain and will most likely not go to the final.

Always, always hard to say. I think the sending offs were another example of poor refereeing I've seen this season's edition of CL and Europa, and that forced Athleti to work really hard - that draw and away goal were massive results but could work either way for/against them. If they maintain that psychological edge and match it with energy, then the final is very much theirs. But Arsenal are typically the type of team that shows up one side and disappears the next. This time they were anonymous in the first leg, so I'm thinking they'll turn up for the return leg.

I suspect the bookie odds on them to progress will only go up so I'll wait a week before putting my bets on them. Should be really tasty odds.
15806  Economy / Trading Discussion / Re: I don't care about the price now. Nobody knows how much my portfolio is worth on: April 26, 2018, 06:39:05 PM
That is one way to go about it but you would be best served checking in on your investments from time to time. Your nonchalant behavior makes me think you have an amount invested you could lose yet still retire early from and that would give me confidence as well. Even if you do check price regularly, there wouldn't be a point to disclose your portfolio often. That puts an unnecessary bulls eye target on your back.
That is really how everyone should be investing in this market, most especially when you are looking at the long term benefit. Invest what you would not worry about and come back few years later to check how your investments have been doing over the years.

This is the only way to stay in this game without bothering yourself about every little move in the market as long as you understand the benefit you stand to gain in the future. I remember buying few ETH last year at around $8. Just last year, come on! While some people are crying about the market going way low to $400, you are imagining how much you have gained even with the dip.

Well, everyone has the right to invest as they wish, no one is pointing a gun to your head. God only knows that people "invest" with all kinds of intentions. No real right or wrong. Without the panic sellers, the fomo buyers, the day traders, the Sunday investor and the Wall St futures trader, we won't have a market that is what it is today.

I don't check prices every day for sure, but it is always curiosity that keeps an eye on it. Can't say I wouldn't sell at 100k. Can say I would.
15807  Bitcoin / Bitcoin Discussion / Re: What stage of adoption is Crypto currently at? on: April 26, 2018, 04:56:30 PM
So less than 1% are into crypto that means in the asset life cycle we are in the early adopters stage. There are lot infrasture which is being built on the which the applications will be built. These apps will be used by the people. So we have to wait for the apps. Once they come out the people will start using it and then will come the early majority stage. So we are early for good. A lot of fortune to be made.

Using the last actual research by reputable academia would be using Cambridge's estimates in 2017 which puts ownership of wallets at less than 0.1% of world population. I would add a specialist estimate like from Elliptic, which would put it more conservatively, though probably accounting for the same 0.1% today after last year's thrust into the public eye.

So that depends how you see mainstream. Is 0.1% mainstream enough? It is to me.
15808  Economy / Gambling discussion / Re: Europa League/Champions League Lounge on: April 26, 2018, 02:23:59 PM
Almost put a bet on Bayern last night and but for a couple of glaring misses from Lewandowski, might have regretted missing out. Still can't count them out, though, even if it looks like the stage is all set for a showdown between Champions League royalty.

No bets for me tonight. Keep losing in Europa and don't want to jinx my team til the finals.
15809  Economy / Speculation / Re: BTC Price Pullback on: April 26, 2018, 07:26:30 AM
Anyone without any experience should easily be able to predict from the weight of historical evidence that this wasn't only expected but inevitable. A bit silly to still be talking in terms of 20k so soon, but even if you wanted to, trace the previous road to ATH and it wasn't dissimilar at all. I do wonder what the benchmark is now for patient long term waits. People still refuse to think in months, much less years.
15810  Bitcoin / Development & Technical Discussion / Re: Help in understanding academic Bitcoin Paper in Conference/Journal on: April 26, 2018, 05:58:59 AM
A sub forum for academia is a really good idea, especially if it doesn't exclude non-engineering types, I suspect your desire is for technical aspects of whitepapers be broken down for layman consumption.

Think you might find more than a few people would be suportive of that idea, but you might have trouble finding the balance between toning down on technical complexity and simple comprehension, while maintaining quality.

15811  Economy / Speculation / Re: Back to $6000 in 3... 2... 1... on: April 25, 2018, 08:09:03 PM
Ironic nick for the OP. Scheduled a nice big necessary sell to afford a few weeks delay and was glad for the hassle as this unexpected boom came. Anyway, I made a 50-50 gain/loss on this current spike, sold a bit when it was on the rise, sold the rest right at the peak I felt it was at (temporarily anyway). But no due cause for concern, small corrections bound to happen just as small spikes.

What else is new, and what else is exciting? Even 11k or 6k in the next few weeks are both equally expected.
15812  Economy / Trading Discussion / Re: Portfolio Management on: April 25, 2018, 03:59:49 PM
Eventually the centralized services will have adds, decentralized ones will end up being more popular but will take much longer probably....decentralized exchanges aren't even there yet.
Then what is Etherdelta,IDEX, Forkdelta? Arent they Decentralized exchanges?  People do always love decentralization but same for other peoples who do posted above i dont see what is the purpose on having this decentralized portfolio applications. Ads? I dont see this is a big problem as long it can deliver on the updates then we can just simply neglect those things.

That seems to be the issue with this so called decentralised exchanges, that people have so many complaints about centralised exchanges yet move impossibly slowly to adopt actual solutions.

Is it difficulty of use? ED and Waves don't come any easier. Is it the forced use of another platform? Perhaps. Maybe atomic swapping... Easy and simple... That would be the thing making DEXs take off.
15813  Economy / Gambling discussion / Re: Europa League/Champions League Lounge on: April 25, 2018, 09:31:02 AM
Can't say much more than what's already been said but I still can't get over my team having one foot in the final in Kiev! Beautiful wins on over 3 goals and the handicap win, I don't mind the away goals at all because we can get as many at least in Rome.

But yeah, everyone should thank the teams and the underdogs for really lighting up the Champs league this late into the tourney. Had the mourinhos or the guardiolas been here, we'd get the same cagey affairs we are used to seeing.

Walk on, walk on!
15814  Economy / Speculation / Re: Bitcoin dominance on: April 25, 2018, 05:49:43 AM
Bitcoin dominance has been dropped to 39.2% from 45%, market cap is $382 billion now, are we moving towards another bull run like Dec?
Crypto currency such as bitcoin can be used to buy goods without intermediaries, meaning less need of a bank. Although traditional banking systems may charge high transaction costs, bitcoin allows global transactions to take place at a lower cost. that's the reason why bitcoin is getting more dominant.
But if the price of Bitcoin goes up, then the price for transactions will be higher. We already saw this when the price for Bitcoin last year rose to 20,000 dollars.


No that is not how transaction fees work. I see this so much online, people saying the transaction fees go up because price goes up. They are not linked at all. Transaction fees went really high because suddenly everyone was trying to buy bitcoin or send it to exchanges to trade or whatever. The blocks being filled up and people's urgency in getting transactions confirmed is what affects fee price, the price of bitcoin doesn't affect it. Note that recently while Bitcoin has been around $9000 the fees are about the same as they were a year ago when bitcoin was at $1000. Did you notice how fees continued being crazy as Bitcoin was crashing? Because people were selling or moving there bitcoins to exchanges to sell, if it was due to price then the fees would have been dropping when it started crashing. Bitcoin could be $100k and the fees could be 50 cents if there isn't much going on on the network and there is free space in the blocks.

They're not directly linked, for sure, but there is certainly some correlation. Fees are always going to be in terms of satoshis paid for taking space taken up by data of transaction, that is what is generally fixed and depends on efficiency and network demand. Then Bitcoin price affects what people see as fiat value of that satoshi fee.

Price also affects demand, as you just explaines yourself, both in bull and bear conditions. Demand generally leads to congestion, though with LN upcoming, we may have seen the last days of congestion.
15815  Economy / Gambling discussion / Re: Europa League/Champions League Lounge on: April 24, 2018, 05:02:31 PM
@Wendigo, of course we're ready! I can't believe I've to miss the first half though (family and all that). My prediction is over 3 goals actually, haha. I also took a handicap of -1.25 @2.1 but only because better odds weren't available earlier. Fiat bets on bookies have Salah to score at 7/1 so definitely worth $10!

@Trofo oh hell yeah, the last person to remember how to park the bus at Anfield was Lucas Leiva (god I feel old).

@tokeweed Dzeko to score maybe! But the match can't end 1-0 =p

15816  Bitcoin / Press / Re: [2018-04-23] NPR - How the tiny nation of Georgia became a Bitcoin behemoth on: April 24, 2018, 01:19:00 PM
I immediately called my former boss up in Georgia this morning when I read this because just last year I was telling him I wouldn't be surprised if Georgia were to silently become some kind of power in crypto. We're seeing Eastern Europe trying to become crypto friendly regulations wise.

But in Central Europe they're a bit more discrete. Yet quietly building really tight foundations for economic diversity... Mining may not be the brightest idea for the long term but it's certainly helped flagging economies for the foreseeable future.

15817  Economy / Trading Discussion / Re: Binance is transferring wrongly sent coin to other address.. on: April 24, 2018, 08:52:11 AM
It's the way almost every exchange and web service works. Tokens, coins sent to your deposit address are all transferred into main holding addresses or repurposed for withdrawals of other users. It's all part of their wallet script, you should still be able to recover your funds if you open a support ticket.

Thing to remember is that you don't actually own any of the addresses issued to your account for deposits. Even if the funds remained on that address, they still belong to the exchange. What you see on your account balance is simply their front end software showing you a total associated to your account.
15818  Economy / Speculation / Re: BTC Struggling to Reach Over 9K on: April 24, 2018, 04:09:26 AM
Just watched it live from go from $8940 reaching all the way up $9200 in less than 10 minutes while I was trading some alt coins.
What is going on now? Shocked

Aye indeed, woke up early today to this somewhat pleasant surprise, actually only thought to check as aome other coin I was selling had hit another high after months. Guessed it must have been Bitcoin influence and was right. Huge jump, considering the 9k resistance, my guess is Asian appetite just woke up and needed some satiating.

Timing couldn't be better for a sustained run to 11k to still make a typical spring renewal... now let's see if it holds for  at least 24 hours.
15819  Economy / Gambling discussion / Re: Bitcointalk English Premier League pool betting Discussion Thread on: April 23, 2018, 06:54:45 PM
All for a repeat of next round next season. I'd love to participate in two pools, whatever the cost is. I know I gamble enough away anyway, and it'd give me the chance to try for two "strategies". GBP 25 and GBP 100 sound good to me. These weeks have been way more interactive than other pools I joined, though yeah, tough to see people giving up.

@LFC and hilarious: I'm a late "Bitcoiner" but still managed to get most of what I hold in late 2016. Of course I didn't sell at the ATH but I was always going to hold out, will do the same for years until it either goes boom or bust. I'm not all in on anything, can't afford to be since I'm no longer "alone" in my life, but I hope you guys at least remember to cash out enough to enjoy some well-deserved reward.

P.S. Game starts in 9 minutes so put in your predictions.
15820  Economy / Trading Discussion / Re: private trades on: April 23, 2018, 05:53:43 PM
User above suggest decentralised exchanges which I support, as these imply trustless mediators... Suggest you look at Waves or even counter dex, but these probably don't fit the fiat exchange you're likely looking for.

The threads under marketplace> currency exchange gets you trades with other users, but please only do so if the member is trusted or you use a similar trusted escrow. Locate that in Services section.

If it's really just person to person trading, use localbitcoins as above, I personally like that and it has builtin escrow. Or use Bisq if you want something even more direct.
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