I'm thinkinhg of investing some money into btc (I'm planing on buying and holding about 0.5btc), and I wasn't really into the btc price flow lately. What will happen to the price? Do you think it will rise or fall?
right now it is not a good idea to "buy" but instead you should hold if you have any coins and if you want to buy you have to wait for a little bit longer to see what will happen and what the bottom is going to be. i don't think it can go to $500 since it has already gone down a lot. so if you plan to buy it is a good time but it is better to buy at the bottom and when it starts going up again. |
|
|
|
Welcome to the future! This is how you 'rob a bank' in the digital age  with bitcoin a "bank" means you not your exchange site! to to rub a bank means to rub you and your wallet with a keylogger or other ways to steal the private keys from individuals. bitfinex was just a service run by people who didn't know how to secure 119,000 BTC. i hope they recover from this though, it is a shame to see another gox happening. |
|
|
|
Hi guys,
Your opinion on just how HIGH ETC will go please!
It is currently at .00446000 as I write this. Is it really bubble phase or is there more upside?
What are you personally doing? Buying?- staying away? Selling?
ETC has been rising nonstop for the past few days and it seems to be going even higher despite all the negative news the spammers spread about it. but just because of this nonstop rise i am expecting some temporary drop because people will cash out after any pump and then after it the price will continue going up leaving ETH behind. it has already started too, the high was 0.0049 and we are taking some steps back for the moment, not sure about the bottom though! |
|
|
|
Hi, friends my first told me that he was a first timer in gambling and he won 2 times in a row and i was amaze because he's only a beginner and won easily  beginners luck is true or not? i think beginners don't see their losses so much and that is why they feel luckier in the beginning. but as time goes by the wins are the same but you feel the losses more so you feel you have become less lucky. because in these gambling systems there is a provable fair thing that if it works right, it is a live proof that your luck never changes and it stays the same as always. the only change is in your perspective. |
|
|
|
|
you can never tell with bitcoin price, the market experts who are the whales are the only people who know it and they are never here to share it with others.
but i think if you could sell yesterday it was safer than selling today, but also it is better to wait and see what happens, if it went lower maybe sell and buy at the bottom. and you have to watch the market anyways.
|
|
|
|
it has to do with one thing, that none seems to consider, the fact that altcoin mining is very profitable, and it is added to the halved block reward, another good portion of bitcoin produced per day
altcoin miner are dumping at least 1000 more bitcoin a day added to those that are produced by the bitcoin chain already, which are 1800
this considering that there are 200k gpu that are mining and each one produce 300-500k satoshi per day, in other words there was no halving at all, there is still a dump of 2800+ coins per day...
But those coins are coming from somewhere.. It is not like those bitcoin are produced by altcoin mining. People buying the coins that are dumped during mining need to buy the bitcoin themselves. So it is basically a 1 to 1 exchange of fiat for altcoin with a slight delay in between where coins are bought and sold. RSI analysis shows that a sale was bound to happen, probably will not go lower than 550-600 usd. those coin are still exchanged for something that is produced, and it is very profitable, so it's mean that it will be dumped under the price at which those bitcoin were bought, because miners have the upper hand over those buyers that bought those coins that are sold to those altminer example, a random guy buy at $650 1 bitcoin, he use it to buy a profitable coin, like etheruem, now this mean that a altcoinminer dumped his etheruem for that 1 btc, now he did it at a ratio that it is very profitable for him, so he can dump immediately the 1 bitcoin he acquired you are missing one important thing, and that is the price of these pairs (BTC-ETH, BTC-USD, ETH-USD) if the miner wants USD he will dump ETH for USD directly and if he wants BTC he will dump ETH for BTC directly and will keep the BTC. he will never do ETC > BTC > USD because he will have to pay the fees twice and the prices will always be at a balance that you will never make any profit from this additional step. at this moment: ETH/BTC : 0.01741 BTC/USD : 605.89 ETH/USD : 10.56 in other words 1 ETH = 0.01741 =10.54 which is the same value |
|
|
|
i will vote for both of them, for me both are beneficial, especially crypto is a best source of incoe for me and I will choose for fiat because nowadays everyone accept the payment with fiat, but still if we start shopping online then it will mot be hard for us to buy anything from internet.
well obviously. i think everybody here would choose both without exception. because we are all on bitcointalk so we have to have chosen bitcoin. and fiat is an irremovable part of our lives, that without it we can't do anything in our lives, from paying the bills to pay for groceries we all need to use fiat. |
|
|
|
|
these cases are most of the time the person's fault for doing the trade in a bad place. for example i remember reading another time about this about a guy who was robbed at gunpoint i think it was in NewYork. he has gone up to the robbers cars parked in an alley, it is obvious you are gonna get mugged!
|
|
|
|
we know that most of the times we lost on gambling, but instead of stopping we keep on playing for the next day
after we lost, we got frustrated but we still back to play, is this called "gamble addiction"?
Yes, this is exactly a sign of a gambling addiction. But IMO if you know you will lose it's not as bad as if you think you can really win. If your addiction to gambling is limited to losing couple of dollars per week it's not that bad, right? But the problem with us is when we are already losing hard we cannot stop as we don't just want to stop with a losing record. We cannot accept that a certain day we are losing, we don't have the right attitude in gambling and failed to understand that losing is part of the game. Yeah, i agree with you. When people lose their bet, they will bet more to win back their loses and the worst they losing their money more and they become addictive. When you are chasing bets sometimes you will the amount that is not intended for gambling because once you have the money with you or available at your access the emotion is really strong that you will not stop if you can win in the game, indiscipline gambling likes to win big or go home. the solution is easy, use some kind of automation for your bettings, especially in games that are offering an active API or they have a bot themselves using those can be very beneficial for those who get affected by their emotions a lot when it comes to gambling. |
|
|
|
Ask yourself this:
Would you be happy repeatedly flipping a coin with an opponent to gamble?
That is exactly 50/50
Would that be better or worse than what you do now?
i usually play dice games and also there is always a house edge so if there is a game that i can play against an opponent with no house edge i surely will choose that game. but also i think the 50/50 chance because of the only two result of the coin flip makes things completely fair to both sides. so yes i like such a game. |
|
|
|
|
if want to make profit from gambling then you have to come up with a good plan or strategy to have a better chance of winning and the strategy itself has to be good and what you like to follow.
because following a set of rules in form of a strategy can keep you from getting emotional and lose.
|
|
|
|
|
Nothing!
when i win in gambling i usually cash out my winning amount to my wallet. if it is a small amount it will either stay on the gambling site or i will transfer it to my hot wallet on blockchain.info and if it is a big amount (which is rare) i would transfer it to cold storage to hold for the future and enjoy the bitcoin price rise.
|
|
|
|
It's estimated to be 1.2 million or lower based on the number of active addresses with more than dust in them. It could be much lower because many individuals have multiple addresses.
Well we can not know all possible if how bitcoin user is alive right now or using bitcoin.. but i dont agree with your estimated users.. I think below of that is the possible price i think 600 people are using bitcoin!.. This is possible that i know because we are just few users here in my country.. It's not my estimate but thank you for giving me the credit. That's an estimate that a grad student got by parsing the blockchain for all the known addresses with coin in them. Remember that's a global number, not just your country. when did that student do this estimate? is that even possible to parse more than 8 GB of data?! also i think the number should be a lot more. because you should add users who are using services like coinbase and xapo, so you don't hold coins in one address but instead on the account and they move the funds around. |
|
|
|
|
you should learn how to pay attention to some keywords. the keyword here is as it always been, blockchain not bitcoin.
as the article clearly says and you quote it yourself: "a project designed to imitate blockchain technology" in other words, bans had seen the power bitcoin has and want to create the same power of security for their own by implementing the blockchain technology, exactly like a new altcoin which will also be centralized.
|
|
|
|
I think the dice is a game of luck, but it probably will be very good if you use strategy when playing. Well, it's probably not the strategy but the kind predicted. you have to estimate what your bet will win, because if you do it by random, it would be very boring, but win or not depends on the luck you have. better not to use bitcoin in volumes that much if you play
IMO, in the game of luck, there will be no chances for any working strategies to play with that to get profits from it. So, concentrating on developing any strategy to get profits from dice gambling must be waste of time and effort. When you want to kill your time, dice gambling must be a best choice by testing your luck. Just play a randomly, because when you are going for a random settings while in automated dicing, changing the setting itself somewhat interesting to kill your boredom. Other than time pass, nothing you could expect from dice gambling. Moreover gambling itself is better option for time pass. well, random betting without any strategy or automation may be a little bit more interesting but it has a lot of problems because you are doing it randomly without any thought behind it so in the end your losing chance is a lot more than making profit chance. also when you follow a strategy and use automatic betting, you are practically cutting the emotions out of your decision making which is a good thing if you don't want to lose a lot in gambling . |
|
|
|
Hi guys can you recommend a good dicegame website for me to play? Right now i trust fortunejack.com, primedice.com and satoshidice any other similar site? that is easy to use and easy to bet? also reputable and trustworthy  as of today ok? Cheers you can also try out my current signature (SafeDice) they have been around for a very long time (nearly 2 years) and they are reputable too, check their announcement here https://bitcointalk.org/index.php?topic=868275.0the good thing about them is the very low house edge and the fact that you can bet monero apart from betting bitcoin. |
|
|
|
PayPal is required to hold funds for 48 hours before auto-withdrawing it to receiver's account as per Central Bank's guidlines in my country.
If government regulates bitcoin,will it also become slower for government may ask online wallet and exchanges to hold bitcoin for some stipulated time?
as far as i know this rule was set because of the reversible transactions in paypal and banks so they hold the money for a period of time to prevent fraud,... and since bitcoin does not have reversibility i don't see why they should do this. besides they are already having some sort of time when they waste like this when you deposit fiat in exchanges for example. but again it is fiat and they want to also check your identity. |
|
|
|
coinbase, like other exchanges has seen the huge volume ethereum had in the past because it is the biggest pump and dump coin so far in the history so they want to take part in it and make some profit from the fees and maybe contribute to the pump with their bots and make even some more money. p.s this topic is turning into eth/etc pros and cons |
|
|
|
The chance of the bitcoin bubble will be less in the future as the price is higher now and more difficult to manipulate.
first of all, bitcoin price is still being manipulated although i agree that it has gotten harder comparing to 2011 but it is not yet that hard. secondly there is no need to manipulate to enter a bubble. manipulation can cause it of course like the MtGox manipulations, but it is not the only way that causes a bubble. there is a lot of other reasons that can cause that and since bitcoin is still a small market compared to something like gold it can easily enter a bubble phase. |
|
|
|
|
i like to do both of them but i prefer online gambling which is alone, and since i play dice games most of the time so i am mostly playing alone against the site anyways.
besides my friends aren't that into gambling so even if i wanted to play with my friends i don't have anybody to play with!
|
|
|
|
|
Show Posts
