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1761  Economy / Speculation / Re: Post your opinion about Satoshi's words for the future of bitcoin on: June 30, 2016, 04:47:38 AM
"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
" I'm sure that in 5 years from now there will be very large transaction volume" --- Satoshi (2016)  Grin
I think satoshi will state this now, he shouldn't have to doubt about bitcoin having no volume from now on as bitcoin is well adopted worldwide in current situation and still big companies are getting attracted towards bitcoin to implement in their business. I am seeing golden future of bitcoin now on.
1762  Economy / Economics / Re: 1,000 bitcoins on: June 30, 2016, 04:33:47 AM
You have to atleast show those bitcoin in your address with signed message before we believe you have 1000 bitcoin. You are newbie so nobody gonna beleive you, 1000 bitcoin is really large number.
1763  Bitcoin / Bitcoin Discussion / Re: Nothing big really happened on: June 29, 2016, 07:32:21 PM
Its normal human nature to want allthing fast and when you want but bitcoin or any other community driven project need more time. Talking about bitcoin it has already crossed its black days and now have greater security as well as lots of new merchants, investors or even small boy is trying to learn more about bitcoin. Other alts also have more functions than bitcoin and can do well but depends upon the dev team, how they deal with the problems and how fast they can make new updates.

you forget to have LISK in the above list: max visiting lots of countries with investors money, which is causing no any pump in price and value  Sad
1764  Economy / Micro Earnings / Re: How to get more visitors in faucets? on: June 29, 2016, 07:23:37 PM
First thing is to create dynamic faucet which is different than usual faucets and also to maintain enough balance to keep paying for members.  I am seeing lots of ads in your facuet, which most of the users will not like and may not revisit your faucet after their first time. Returning traffic is key to boost your traffic volume, social media promotion as well as posting your link or indexing your faucet in different faucet rotators may also give you free traffic.
1765  Economy / Micro Earnings / Re: Insane Number of Bots on: June 29, 2016, 07:19:39 PM
Prize is set to 0. Bots still come until they take up all the webhosting's cpu.
I think bots is still coming because they have not yet detected that your reward per claim is now 0. When the one who is operating those bots will find that you have 0 reward he will stop sending bot traffic to your site and may shift towards another faucet. Bots are just headache for facuet owners with also no profit in running because adnetwork pays really low these days.
1766  Economy / Speculation / Re: Bitcoin DUMP! on: June 29, 2016, 06:13:45 PM
halving the closer, so I think it will be increased not decreased.
10 days left for Bitcoin block halving, I think we're going to see massive pump next week I'm hoping for $800.
I will be shorting majority of my bitcoin holding if price again touch 800$ in near future. Lots of speculation and manipulation going on in bitcoin market so it will be better to have both fiat and few bitcoins in hand during halving period.
1767  Economy / Speculation / Re: 1 BTC = 100.000 to 1 million is a possibility in 2035 on: June 29, 2016, 06:05:03 PM
In the end, speculation is just a speculation. Halving isn't the real reason why bitcoin price raising up.
Without mass adoption or at least billionaire who interested in bitcoin, there's no way bitcoin price could reach that high.
I know one billionaire "bill gates" i have heard that he have also invested in bitcoin and blockchain startups. You may be correct in some of your statement but i don't completely agree on you, halving could be really a reason for price pump in near future as it will limit the supply. While bitcoin adoption is now growing worldwide, so demand will never be going down from now on.
1768  Economy / Speculation / Re: What is going on with the price? on: June 29, 2016, 06:01:58 PM
there are to many people who just holding their coins so we cant go up again.
why you think holding bitcoin will press the price, if all hold than supply will be limited and price will go up. You have to understand supply and demand principle.  Wink
1769  Economy / Trading Discussion / Re: How To Use Multiple Timeframes And Improve Your Trading Entries on: June 29, 2016, 04:02:18 PM
Even bitcoin market goes through heavy manipulation and for altcoin trading it is obivously manipulated harder than bitcoin. So looking at the trade chart with different timeframes wouldn't help for crypto trading as whole, going through the manipulation seem to be only option left for small traders like us.  Sad
1770  Economy / Trading Discussion / Re: Best Trading advise ever!! on: June 29, 2016, 03:52:28 PM
Main point is the price range when to buy and sell. Selling at low should define what is that lowest price market can go and also have to anylyze the highest price market can go with the help of news, hypes, speculation etc.

But in crypto trading its hard to predict any move as manipulation is so much due to low marketcap.
1771  Economy / Speculation / Re: Market is unstable. It will crash around halving day. on: June 29, 2016, 07:47:23 AM
Too many MOON expectations, too many longs.

We must go down.
I think both way possible during halving or after halving day. I also think selling bitcoin few days or one week earlier halving day will be good move to buy cheap coins. People will short if price remain in current price range till halving.
1772  Economy / Trading Discussion / Re: $22 million worth of Bitcoin sold in Australian-first auctio on: June 29, 2016, 07:45:21 AM
Ernst & Young revealed today that it has successfully auctioned off 24,518 bitcoins worth around A$22 million ($16 million) as part of a scheduled auction after the Australian government confiscated the bitcoins from a Silk Road user.

You can see there is margin between actual ($22 milliion) and buy price ($16million) so they will hold or keep selling small amount at a time to get that $6 million in profit, money attracts money. Link to the source of this news will be good to be posted in this thread.
1773  Economy / Trading Discussion / Re: Bid and Ask of Exchange sites on: June 29, 2016, 07:41:21 AM

DO you think its a lot better for traders to see uncertainty like Exchange sites shouldn't display ORDER book?
It gives idea to the users when to sell and when to buy.
no i don't think so, order book is all we have to make proper trading and get profit out of it. There will be no reason to trade if we can't see market demand and supply, bid and ask are demand and supply for trade.
1774  Alternate cryptocurrencies / Altcoin Discussion / Re: can we convert altcoin to bitcoin on: June 29, 2016, 07:39:10 AM
Specially depends upon the altcoin you have, if they have listed in any one of the crypto exchanger than you can easily convert them to bitcoin however if those coins have just popped up than you have to wait for few weeks or month to get those listed in exchanger. Some of the big altcoin exchanger are poloniex.com, yobit.net, bittrex.com etc first find if the alt you are intrested is listed or not in those exchanger before grabbing them.
1775  Bitcoin / Bitcoin Discussion / Re: Too many mining site were closed?Halving is near what happen to the bitcoin? on: June 29, 2016, 07:27:13 AM
who can we trust about mining?do we have any source on how to get bitcoin?
All cloud mining are just out there to scam so never trust any of them. And i don't find any relation between coming bitcoin reward halving and those cloud mining shutting down. They run away when they think they have enough coins for their remaining life.
1776  Economy / Speculation / Re: So what's your game plan for this year's halving? on: June 28, 2016, 06:52:48 PM
I was not able to sell all my bitcoins at the recent pumped price of 800$ so just holding them to sell at any price range above 800$ if it touch that range in this halving.
1777  Economy / Speculation / Re: Bitcoins Price will stay at 654.54$ this June to July on: June 28, 2016, 06:48:44 PM
I think 650$ is actually a new floor just like 400$+ before this recent pump. We can imagine how much can price go up. I am seeing 1000$ up with next pump but don't know when. I also think on halving price will be little more than current one.
1778  Economy / Speculation / Re: Will this rise hold? on: June 28, 2016, 06:43:15 PM
Look at all these spammers above me. The price has already started to fall. They don't even look at the price.

Evidently, no. The price won't hold.
But if you look right now it have already find a new floor so that it can rise again above and beyond 800$ easily as floor is now 650$ which was 450$ before.
1779  Economy / Speculation / Re: Ethereum down, Bitcoin up on: June 28, 2016, 06:37:50 PM
I have already lost my hope for eth and all in bitcoin right now. But investing in other alts like lisk, xem (short term) etc could be better option so that profit form bitcoin rise will be double if those more promising coin remain in same value in terms of bitcoin.
1780  Economy / Economics / Re: What if all those Fund houses dump all their Bitcoins? on: June 28, 2016, 06:10:57 PM
I vaguely remember there were a few fund houses or venture capitalists who bought Bitcoins aggressively. Remember the silkroad case - The Marshals auctioned away the confiscated coins. What about the Bitcoins that were recovered when Law enforcement intervened? The Feds auction away those coins too.

These coins were bought up by VCs or fund houses.

What if they were to dump those coins out in the market, now?
There is no reason for them to sell all bitcoin they have, bitcoin is being good stable asset for few of those who holds. And it will be quite foolish to think all bitcoin that has been bought in those auctions will goto market in one go and next to the auction day. All those bitcoin are usually bought by strong believer in bitcoin.
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