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1901  Economy / Economics / Re: Did Bitcoin Ruin Your Life, Or Help Your Life? on: August 29, 2015, 07:36:42 AM
And also in order to become rich, many people's life is destroyed by bitcoin too.
They brought in when the prices were high like hell(as in late 2013) and when prices were dumped then all of their life savings were washed away with one strike.
1902  Economy / Micro Earnings / Re: bitcoin scam faucets and websites on: August 29, 2015, 07:32:27 AM
i found a legit faucet list
better we choose a legit and trusted Smiley

https://faucetbox.com/en/list

Yes t's the best.
I also used this list for a long time and earned much, but after knowing about bitcointalk, i quit using faucets.
1903  Economy / Speculation / Re: Bitcoin is crashing. Why? :( on: August 29, 2015, 07:26:29 AM
Manipulators using the fork as an excuse for fear.
Yes and they also have removed now all the small players from the market by scaring the off.
And now the market is in their full control and they can do whatever they want with it.
1904  Economy / Speculation / Re: Is there any connections between bitcoin price and stock market chaos? on: August 29, 2015, 07:11:42 AM
No i don't think that the bitcoin price drop is due to stock market drop.
According to me, it's solely due to the Bitcoin XT drama and nothing else.
But now the prices are started to stabilize and we are heading up from here.
1905  Economy / Speculation / Re: raliability of the bitcoin price on: August 29, 2015, 07:07:07 AM
Usually bitcoin prices are not influenced by the stock market.
But at this time the stock market crash and the Bitcoin XT came together, so people do think that it's because of stock market but i think that's because of the Bitcoin XT drama.
1906  Economy / Speculation / Re: We will break $200 again on: August 29, 2015, 07:02:08 AM
Maybe we'll another flash drops to $198 again Roll Eyes
I hope you'll get a chance to buy those cheap coins

But, if bitcoin really drops below $200 it could be dangerous for bitcoin itself.
Miners could stopped their mining activity & people sell their bitcoin to prevent bigger losses, and if that happened bitcoin would go back again to 2011 Sad

Not really. The difficulty would drop and it'd be easier/cheaper to mine.
This is something reasonable, if bitcoin price down, "big mining company" will shut down some hardware to reduce electric cost
Talk about mining company, i think already shut down not need price down. Like ltcgear,cloudminr. mining now is not profitable, if price still below $300

Yes most of the mining people complaining about no profit. Now only bitcoin demand can bring the price above the 300 level but it will take quite some time. May not be soon.
What does it mean Huh
till January the prices will remain fluctuating like now and if Bitcoin XT wins the game(never going to happen) then also people will loose their faith in bitcoin and abandon the project.
And if we are going to aim for high prices of bitcoin, then it's not gonna happen before July 2016 i.e. before block halving.
1907  Economy / Speculation / Re: This drama is ridiculous... on: August 29, 2015, 06:57:02 AM
I don't care of the price of bitcoin, be it any, i will still hold it and never loose my trust.
At least bitcoin is better than the fiat we use for our day to day tasks, in a limited supply.
So in the end their prices will remain high as always, people gets scared of small time fluctuations and start selling their bitcoins and bringing prices more down.
1908  Economy / Speculation / Re: Bitcoin Price Be Like "Drip, Drop, Drip Drippidy Drop" on: August 29, 2015, 06:05:02 AM
Blame Gavin for the drop in bitcoin prices.
If XT drama wouldn't be here then we would still have been on the 280$ mark but ok changes are good.
Now i was able to buy some bitcoins at cheap prices.
1909  Economy / Speculation / Re: Bitcoin value on: August 29, 2015, 06:02:37 AM
I have read some websites that suggests that there was a cap on the bitcoin price of around $1000000000 and caps on the dogecoin price at $15000000. Howether, not sure if these are legit and they have changed in the past!

There is no 'cap' on the price of bitcoin. The price of bitcoin is determined by the market and not by its code.

Yes bitcoins are not controlled by even any big institutions or governments but bitcoin price is purely depends on demand and supply. If demand for bitcoin grow the price will grow.
No, they are not controlled by supply and demand.
Anyone with enough bankroll and statistical approach can change the bitcoin prices by playing with buy and sell order list on any small exchange.
1910  Economy / Economics / Re: bitcoin investing on: August 29, 2015, 05:55:25 AM
There is no need to invest bitcoins in anything, why to risk your hard earned bitcoins in a potential risky system.
Just send them in stacks of 10 bitcoins (if 10 is too big then do with 1 bitcoin but not less than that) in your cold storage and forget about those(but save the seed and password of your cold storage in a safe place) and after many years you will thank me that i gave you this advice.
1911  Economy / Economics / Re: How too get rich on: August 29, 2015, 05:51:43 AM
Buy or develop your own time machine and go back to 2008 and mine BTC on the computer at your mothers house in the basement

If you manage to develop time machine, selling the time machine would make more money then go back in time to mine BTC. Gorvenment would pay few trillion for it Tongue
I don't think that selling time machine will pay you more money. You will regret your decision after selling the time machine.
You can do sports betting with the help of time machine with 100% success.
1912  Economy / Economics / Re: What do you guess about he future of bitcoin? on: August 29, 2015, 05:48:45 AM
I'm biased about bitcoin prices, so i do think that they will go up high in future.
And for me it is a safe heaven to store my pocket money and also i'm earning some bitcoins with the best paying signature.
1913  Economy / Gambling discussion / Re: How much BTC have you gambled? (anonymous on: August 29, 2015, 05:44:20 AM
Yes, I am not that much lucky.
I deposited into bustabit around 0.025btc and lost and after it I deposited 0.05btc and won and made a profit of 10k bits, then I left it on autobet for all night and in morning I saw that I am in a loss of around 44k bits. So greed also kills people.
It's very risky when you play on bustabit, don't leave your bitcoin and play with the bot if you only have a small balance Wink
and also with your bot setting.
lol, i was using a custom scrypt.
But it was set to be safe upto 4 busts in a row under 1.35.
But they gave less than 1.1 four times in a row and i was left with nothing.
And if i will play now then i will deposit atleast 100k bits, and will set the scrypt to be safe for upto 8 busts in a row.
that might end up being 100k bits lost in the end unless you set a limit for yourself to stop in the case you profit in the short run. without setting yourself a limit, your greed will take over until you end up busting, which is inevitable if you let the autobet run forever.
No, that will end up being around 144k bits of loss.
But if i gain back my 44k bits then i'll cashout from that site and will not play on it ever.
I think i can do so because i've gaineg back what i lost previously, but my greed burned me that time and i'll not let it come this time.
1914  Bitcoin / Mining / Re: Which kind of mining rigs do you use? on: August 29, 2015, 05:18:20 AM
I have around 10 usb asics mining solo, so far no block is found but i don't care about it because only negligible electricity is used in it.
But if 1 day i find a block or two then i'll be on the seventh heaven and will buy some block erupters or s5's and also mine solo with those too.
1915  Bitcoin / Mining / Re: does location affects mining performance? on: August 29, 2015, 05:14:38 AM
If you do mining in a cold environment then the cooling costs of minere will get reduced, so your return over investment will be quick.
But now a days coming into mining is not advised by anyone, so if you are new then don't do it or you will soose money in it.
1916  Economy / Service Discussion / Re: in the future bitcoin money exchange will be in india ??? on: August 29, 2015, 05:05:36 AM
I m hardly waiting for botcoin money exchange in india ...bcz at the time bitcoin is not famous in india and Pakistan.
 hope that in future this will bring that future in India and Pakistan.
 what u guyz think?Huh

do you mean a literal exchange where people line up to exchange bitcoins or just an online site to exchange bitcoins that is operated and caters to people in India and Pakistan?
No, i think he is asking for an online exchange.
There was an exchange for India, currently i don't remember it's name but it went down a while ago.

For you op, I'm from India and there is an app on google play store called zebpay, you can recharge your mobile and dth with it and also buy and sell bitcoins by your bank account after filling kyc.
App is good and updates every week or two.
1917  Bitcoin / Bitcoin Discussion / Re: here is my bitcoin-story and FREE STICKERS. on: August 29, 2015, 05:02:30 AM
Sorry i'm posting too late on this thread after recieving those stickers.
But i got my stickers about two weeks ago.
Very trusted man, 100% legit.
Try his service.

Thanks
1918  Bitcoin / Bitcoin Discussion / Re: What sites can American buy bitcoin instantly with their bank account? on: August 29, 2015, 04:53:30 AM
If bank account is the only option to you then you can also go for cryptsy, but they need you to fill their kyc to deposit cash on their site and that procedure on their site is very much time taking.
I would suggest you to use localbitcoins.
From that site, you can also buy bitcoins with cash too.
So far it is a good website and never heard of anything wrong about it.
And i think no kyc is required on it, so you will remain annonymous.
1919  Economy / Trading Discussion / Re: What's the best way to buy Bitcoins with credit card/Paypal/SEPA wire transfer? on: August 29, 2015, 04:51:08 AM
I would suggest you to use localbitcoins.
From that site, you can also buy bitcoins with cash too.
So far it is a good website and never heard of anything wrong about it.
1920  Economy / Service Discussion / Re: any one tried buying mobile credits with bitcoin ? on: August 29, 2015, 04:49:11 AM
mobile credits.... i don't know about it.
But i have recharged my mobile a few times with an android app called zebpay which is available on google play store.
But that app is currently available for Indians only. And when you open that app for first time, you also gets 100bits for free.
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