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21  Other / Beginners & Help / Re: How to make a cryptocurrency casino game? on: September 16, 2014, 06:24:00 PM
You could use the marketplace forum in this board (digital services) and ask for someone to do it for you. Outsource if you haven't got the skills to do it yourself.
22  Other / Beginners & Help / Re: Hey on: September 16, 2014, 06:23:01 PM
ok i will try blockchain, any other? its like choosing bank lol
It's not like choosing bank, choosing bank is a pain in the ass and they will put you all sort of difficulties if you want to leave, with this is fast, anonymous and uncompromised  Tongue
23  Other / Beginners & Help / Re: noob here need suggestions on: September 16, 2014, 06:21:56 PM
Well people like Dan Bilzerian made a fortune off gambling, but then again he had a big money pillow to fall into in case things went wrong. He has made like 50 million with gambles and poker and lives a ridiculous lifestyle, of course his dad was rich to begin with tho.
24  Economy / Economics / Re: Would u pay in bitcoin? on: September 16, 2014, 06:19:47 PM
It's important that the money flows and not 100% is in cold storage. Unforotunately I dont have much so I havent done any groceries with something that could very well be worth millions a couple years, but I try to spend a couple satos in this and that to contribute.
25  Economy / Economics / Re: Within 2 years, effectively 85% of all bitcoins are mined! on: September 16, 2014, 06:18:00 PM
This could very well end up being near the end of 2015.

Consider the blocks generated in the last 4 months: block 240,000 was generated on 6/6. The network has confirmed about 22,000 blocks in 4 months. The 2 months prior, and the 2 months prior to that, only 10,000 blocks were confirmed.

Operating at the pace that we have over the last two months, the projected date for the block halving would be Feb 27, 2016, which would be a good conservative guess.

But if the network confirms at the pace of the last 1000 blocks, the halving event would be on December 5, 2015.
26  Economy / Economics / Re: Worst bitcoin decision you've ever made? on: September 16, 2014, 06:05:34 PM
Being in 4chan and seeing a lot of guys pumping Maza, how it was going to go to the moon and so on, so I thought why the fuck not? This Payus guy looks legit. Bought about 0.15 and guess what, next morning it started to crash into oblivion.
Oh, I also could have made like 2 BTC off the little AUR i mined during the mega bubble, didnt sell because I was too fucking greedy. FML
27  Economy / Economics / Re: The value problem - explained on: September 16, 2014, 06:03:45 PM
 The difference between bitcoins and other currencies is that there is no centralised bank that prints the currency and sets relative values. Through transactions, the value of bitcoin fluctuates through supply and demand.
28  Other / Off-topic / Re: Write a letter to your 15 year old self in 10 words or less on: September 16, 2014, 06:02:22 PM
Buy 10000 BTC in 2010 then retire.
29  Economy / Speculation / Re: Bitcoin: is it time for BTC to Bow Down?! on: September 16, 2014, 06:00:47 PM
Bitcoin's first mover advantage may be something that no alt can ever overtake.  It's not easy to transfer a $6 billion+ market to something else.

This. Bitcoin, technologically does everything that's needed and it's open source nature allows for anything worth copying from other currencies to be copied and implemented, the thing is every other thing out there are gimmicks to get dumb people's BTC.
The rest of a crypto's coin is network effect, and BTC will always be king.
30  Economy / Speculation / Re: Bitcoin is stabilizing? on: September 16, 2014, 05:58:56 PM
Don't listen to the morans above. The price is not "stable" if it continues to fall month after month. People claiming that it will reach $100,000 a coin are part of the "get rich quick" cult and have foolishly invested all their assets into this... they want you to join them because, you know, misery loves company.

Anytime a group of people rally around a commodity and tell you "pie in the sky" stories of riches, you should be extremely skeptical. There is no further innovation for bitcoin, just morans telling each other that they're going to be rich for their digital tokens, of which ~3,600 new ones are produced EVERY.DAY.


You are objectively wrong. If Bitcoin is going for mass adoption and that's the goal, the price will not reach a legit, FIAT tier stability price until we are several times the current prince, it will take maybe a decade for the continum rise to be more subtle and with less big up and down. You'll wish you invested in this technology when FIAT currencies are worth peanuts in the future.
31  Economy / Speculation / Re: BTC Needs users and not hoarders on: September 16, 2014, 05:55:55 PM
it is important to use Bitcoins in addition to holding Bitcoins. The more robust the actual trade in products and services for Bitcoins becomes, the stronger Bitcoins become as a real and valued currency.

So, do print off that cold storage wallet and know that you are participating in a revolution. But, please keep a small amount of liquid Bitcoins that you spend on services and products.
32  Economy / Speculation / Re: Would be a big explosion on Bitcoin price it in this year? on: September 16, 2014, 05:54:35 PM
because the system is slowly dying
wake up!
How much does the gov pay you to spread FUD? lol, it will be funny when you end up getting paid in BTC.
33  Economy / Speculation / Re: What causes the price differences between exchanges? on: September 16, 2014, 05:53:16 PM
The reason for the price differences are fees for transferring between the bitcoin exchanges (you have to transfer both, bitcoins and fiat currency for a complete cycle) and fees for trading bitcoins against fiat currencies.

Because of the arbitrage traders, who make profits as long as the price difference is big enough, the prices on different exchanges quickly adjust to be right at the border between where the fees eat up the earning and where you make profits.
34  Economy / Speculation / Re: Should I worry? on: September 16, 2014, 05:52:25 PM
if btc continues down trend, miners could drop out as they cannot pay upkeep, then it's downward spiral.

downward spiral means? Bitcoin ends?

No, the difficulty level of mining Bitcoin drops until it's profitable to start mining again. The miners wait until it costs less electricity to mine a Bitcoin than they can sell one for.

If a lot of miners stop, the ones left will get a bigger piece of the pie, which will allow for them to invest in more hashing power, which will allow for bigger gains as they can monopolize the mining game, so if you are in the mining game and you have a big name stablished and leave, you are basically an idiot, thats why nothing wrong will happen. It's a self sustained system.
35  Economy / Speculation / Re: DON'T be mislead by wrong forecasts! Recovery to $850 imminent! on: September 16, 2014, 05:50:46 PM
It'll eventually creep back up again, but it will be a little while before it's back to $1000, probably not until there are some big news stories about retailers starting to accept Bitcoin (which is happening, check the latest Paypal video).

So the next few days should be your best bet to buy in, but be aware you'll need some patience for it to climb back up in ATH value.
36  Economy / Speculation / Re: Will bitcoin ever reach $1000 dollars again? on: September 16, 2014, 05:45:47 PM
If you believe in bitcoin why would you put your money on a paper wallet and store it in a vault? If you believe in bitcoin, use it to buy and (maybe?) sell things with. Also, I don't really see bitcoin taking off for real until people are paid wages in bitcoin. I don't mean a few token cases that are synthesized just to show it can be done, I mean as a practical solution, even if it is niche.
37  Economy / Speculation / Re: Is it possible that 1 BTC be worth $2,000 by the end of 2015? on: September 16, 2014, 05:42:15 PM
Well it took a matter of hours to go from 300 to 1000 in the last mega rally, so objectively you never know when it will happen and you will surely miss on it by selling too quick or being out as in holding FIAT only because you where undecided as in to when enter the market again. Big rallies are so quick, look at the graph of 1y period in Bitcoin wisdom.
38  Economy / Speculation / Re: Why did bitcoin failed? on: September 16, 2014, 05:40:00 PM
Paypal just announced the Bitcoin adoption is official, Winklevoss ETF coming, Amazon adoption coming... where the fuck is the failure?
39  Other / Off-topic / Re: Favorite porn star? on: September 16, 2014, 05:23:12 PM
Angel Rivas makes me nuts. She has that perfect face and body combination, and she has the coolest, playful personality. What a nice girl.
40  Other / Off-topic / Re: Paypal is smart! on: September 16, 2014, 05:21:38 PM
PayPal is embracing bitcoin....

http://youtu.be/pF7HxLCFMeY

Listen around the 10 second mark

Actually you don't need to try to guess the word, just look at the information in the video, there is a transcript:

Quote
Powering The People Economy with just one touch.

“We Are The People,
who have built a whole new place to live, dream and be.
We employ ourselves, and vote with our money.
Our phone is our wallet.
We can spend Bitcoin with a tap, without a pocket
We can buy and sell and rent and send
And lend a twenty to a friend
from the coffee bar and share-car, We Are
unstoppable, with our thumbs.
Just One Touch to buy just about anything.
No need for filling billing info time-after-time
or remember password rhymes
to get that dress, a cabin, a concert ticket.
We live on all devices, and are as mobile as nature intended.
No need to send any details or data,
Not even when we pay each other.
We have magical money, not bound by bank or bill
It’s instant, simple, and secure enough,
to get out of the way.
Consider yourself invited to 'The People Economy'"


Laddies and gentlemen its actually happening.
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