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1901  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2014, 02:16:18 PM
Such boringness,
many bored
such bored

What won't be boring? 20% swings everyday? Reaching 1000$ then 1500$? I can see those milestones reached in 2014
1902  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: June 06, 2014, 01:48:55 PM
Guys. Dooglus already said that he has a "fail-safe" in place!

It is probably something like a few persons that can access the money if they get together and an automatic system is probably pretty risky but I hope that the fail-safe scenario is really safe Wink

JD seems as safe as it gets but if it is 5persons that need to get together to access the money it is not too safe compared to 6persons out of 8 for exemple because if one of the 5 is not available, the money cannot be withdrawn; odds are those persons are close to dooglus so there is a systemic risk involved
1903  Economy / Gambling / Re: EveryDice.com | 0.99% Edge - Instant Cashout - Invest - Referral - Mobile - Fair on: June 06, 2014, 01:45:25 PM
At this point, I am 99.999% sure it is over.  Angry
Sorry for all your losses, both bettors and investors, especially for 1dice.

U can safely add that .0001% .
Tjey are gone and there is no comming back. This thread will serve as a good lesson.

How much would 1Dice1 ask to sell his winnings or how much would an investor ask to get his balance? 10 cents on the dollar maybe
1904  Economy / Gambling / Re: Win free Bitcoins every hour! on: June 06, 2014, 01:43:25 PM
really great website i won over .3 btc.+1  Wink.I think you should make your site bot friendly.

You mean for multiply btc?
There is one already.
Check this: https://bitcointalk.org/index.php?topic=558260.0

It is bot friendly, some players use bots

14iGbb9K2B8nkCuaE5epnDc9t477UXNLBc


Look the first message in the thread
1905  Economy / Speculation / Re: $10,000 when? on: June 06, 2014, 01:42:33 PM
That will never ever happen. It might go up to 5k but that's it.
Why 5k but not 10k?

People don't understand how it works; if the price was 1$ they would say it can go to 5$ not 10
1906  Economy / Gambling / Re: What is the best bitcoin casino? on: June 06, 2014, 01:41:48 PM
If you're looking for a dice site PrimeDice is the way to go.

Yes PrimeDice must be the best around : safe, fast and it offers 1000satoshis/minute or 10,000satoshis/minute for an hour once in a while!
1907  Economy / Economics / Re: Inflation and Deflation of Price and Money Supply on: June 06, 2014, 01:41:00 PM
Doesnt the fact the BTC is limited in coins make inflation impossible?

Bitcoin is inflationary in the sense that the amount of bitcoins are going up everyday until we reached 21millions

The amount of users and the world wealth will likely increase enough for the price of Bitcoin to rise in today's USD and it will rise even more in USD since the FED is creating USD like there is no tomorrow
1908  Economy / Gambling / Re: Primedice.com | 600M+ Bets | 350k+ BTC Wagered | Free BTC | 1% Edge | Instant on: June 06, 2014, 01:38:17 PM

www.PrimeDice.com

Claim the free BTC faucet every minute and receive 10,000 satoshi for the next hour!

Simply go to PrimeDice.com and click the claim button. Once you reach 50,000 satoshi's you may cashout! This is the quickest way to make profit!



1 hour limited special Tongue

Best of luck all!

Great promotion thank you

Who went up to a nice amount?
1909  Economy / Gambling / Re: XBTcontracts.org - Speculate to accumilate. on: June 06, 2014, 01:34:07 PM
Can we sell our contract? 0.3 to sell
1910  Other / Politics & Society / Re: you get Richer as the Older You’ll Get on: June 03, 2014, 05:46:18 PM
When do you start a family? 25-40

In most of the Western nations, those who are reasonably well-off normally get married at the age of 35-40. I am talking about both the males and females here. The people are getting more career-centric.

Canada, France 30years old; Germany 31; USA 28years old is the average age at first marriage according to Wikipedia

It would be interested to get our hands on a study that showed the average age compared to the revenue, capital or studies; I would think the age is a tiny bit more for wealthier and more educated people
1911  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: June 03, 2014, 05:43:43 PM
In terms of investment risk, I put full trust in the owner of the site.

I have a question about the risk of 3rd party attack (in particular gov't or regulatory) -

One can imagine emergencies where Doog is not able or available to perform the necessary transactions and 'dump' the sites assets (investments and balances) into the emergency addresses.

Can I assume a 'fail-safe' process is in place to ensure the safe return of all deposits (and investments)?

Ideally, the default mechanism would 'dump' the entire holdings into emergency addresses every single day *unless* the site owner prevents this (because he is both able and available) by saying the 'magic word'.

Knowing that such a mechanism is in place (without the actual details.... of course) might increase investors confidence when news of BTC attacks and seizures is still recent history.

Thoughts?

I asked this question a while ago, I would be very interested by the answer as well even if I am not invested (...)
1912  Economy / Gambling / Re: EveryDice.com | 0.99% Edge - Instant Cashout - Invest - Referral - Mobile - Fair on: June 03, 2014, 05:41:43 PM
What happened at EveryDice? The site seems offline xX

You can read this thread starting from post #1194. https://bitcointalk.org/index.php?topic=476334.msg6878398#msg6878398

TL;DR: Someone won a lot. OP didn't pay. The site went down. OP vanished.

You resumed it well, it is terrible; so simple; we shouldn't put our trust in anonymous people that don't have a big history of trust

For exemple, dooglus has been around for a while and showed he was trust worthy; it doesn't mean there is no risks involved in investing in JD but it is at least way way less risky than investing in a new Bitcoin business
1913  Economy / Economics / Re: Worst bitcoin decision you've ever made? on: June 03, 2014, 05:38:47 PM
Almost getting in during summer 2013 but didn't.
And equally bad, not buying more when I first did.

670USD/coin, we can still make a huge profit when Bitcoin gets huge
1914  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 03, 2014, 05:36:39 PM
5 month high today(700)

feels good yessir!

People get excited, people don't want to miss the boat so most the money waiting on the side is getting in

We need to cross 1000$/coin to get a lot of positive news and go higher from there
1915  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 02, 2014, 08:54:00 PM
bitstamp down?

Not for me

665$ atm and climbing; we may get very good news within a few months Grin Grin Grin
1916  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 02, 2014, 02:23:42 PM
Weee! I made the price go up $3 Grin Grin Grin

bitstamp has an incredible volume :O

Yeah, it went up like 10k from yesterday.

Also, you guys who were afraid of Bitstamp, they're loaded!

Quote
Dear Bitstamp clients,

To reassure clients, Bitstamp regularly performs a procedure to prove its BTC reserves.

On May 24th, 2014, Mike Hearn of Vinumeris GmbH, bitcoin core developer and prominent member of bitcoin community observed Bitstamps proof of reserves procedure. Reserves were proven by conducting a Bitcoin send-to-self transfer.

Details of the procedure are provided in the PDF linked here:
https://www.bitstamp.net/s/documents/Bitstamp_proof_of_reserves_statement.pdf

In summary, Bitstamp held 183,497 BTC its cold wallet fully covering both the clients funds held at Bitstamp and the clients funds on the Ripple network.

Additionally, a financial statement audit is in progress.

Best regards,
Bitstamp team

It would be more reassuring to get the cold wallet addresses
1917  Economy / Speculation / Re: Who sold below $550? The $400 bottom is in LOL!!!! on: June 02, 2014, 02:22:40 PM
The '400$ bottom' myth is about to get busted.  Grin

lol I guess I was wrong.

What's more important is my prediction for the rest of the year.  Cheesy

What is important is that you can make a lot of money by playing these swings.

Or lose a lot of money by playing at the wrong time.

I will just HODL!

Bitcoin history showed that most traders would have make more money by holding that playing the swings

OP statement seems smart again
1918  Economy / Speculation / Re: Are we the "Berkshire Hathaway" stock holders of the future? on: June 02, 2014, 02:21:53 PM

But they might some day. I thought it was even discussed at the stockholders meeting this year.

Well I am fairly confident that Berkshire Hathaway will not pay dividends when Warren is still alive, that would affect the brand power of the company and go against the founders wishes over the last few decades.

Anyways your right it was discussed but the proposal was opposed
http://www.reuters.com/article/2014/03/16/us-berkshire-dividend-idUSBREA2F0N220140316

"Our shareholders are far wealthier today than they would be if the funds we used for acquisitions had instead been devoted to share repurchases or dividends," he said in his March 2013 annual letter.

The logic behind what he says is true; he diversifies and seek profit but it is usually wise to pick companies that offer dividends with a few exceptions

1919  Economy / Goods / Re: [WTS] Breitling old navitimer from 1991 price reduced to 5BTC on: June 02, 2014, 02:20:21 PM
Price reduced to 5 BTC ( 2250€ shipped escrowed)

The watch is great, did you consider selling it via an auction?

Thanks, yes the watche is very beautifull and perfect even if it 23 years old (very few wrist time)

Auction here or on ebay ?


i'm selling it to get another watche

What watch are you buying?

Do your research for the auction; some auctioneers are not honest but I think it is usually the best option to sell a watch
1920  Economy / Gambling discussion / Re: Does martingale really works? on: June 02, 2014, 02:19:13 PM
Math is not very helpfull sometimes.

I had ~85 000 bets with Martingale, made it from 0.2 to 7.5 BTC.
At this period I never had more than 12 losses in a row.
Which is only 1/2^13 = 1/4096 chance.
So, I should have at least 10 of these deadly strikes.

I've played for 2 weeks,  dreaming about new car  Grin (lol)
And then .. 17 losses in a row. At least I was clever enough to stop with big bets.
And - 20 losses in a row in next 5 mins..
All the next week I had only losses.
So - its really BIG NUMBERS, and your luck on the first place.



It must be fun to win at martingale and it seems like the system works when you win, but as you said it just mean you are not unlucky at first and then that you are lucky Wink

oh, and double or nothin?

I never intended to bet that much.  I just realised I had to put some kind of a cap on things, and picked 50 BTC pretty much at random.  I didn't expect anyone to go that high.

I don't think it looks good to JD investors to have me looking like an out-of-control gambler.  I imagine it is concerning for them.  So I'm going to have to pass, and keep my gambling in check.

You must be interested in gambling since you created a gambling site; as long as your bets are not out of control and fair the JD investors probably don't mind since they are open minded
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