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22301  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: July 17, 2015, 05:23:28 AM
Is there good guide for trading altcoins,I think is a good method to growing the BTC!

i can only tell you that don't trust what you read on forums / twitter / any other place that might give out information on what to buy.
most of them are just trolls /shills who are promoting what they are currently bag holing and are looking for a way out of the corner that they put themselves in.
22302  Bitcoin / Bitcoin Discussion / Re: How does it feel to spend bitcoins and soon after the price goes up? on: July 17, 2015, 05:19:42 AM
The same as it should feel if you spend your fiat on something other than bitcoins before the price goes up.


When people hear about Lazlo spending 10,000 bitcoins on a pizza back in 2010 they usually say "damn, he's probably kicking himself right now".

Well, why aren't you kicking yourself right now for not buying 10,000 bitcoins for $25 back then? It's the same thing. He could have spent $25 on a pizza or 10,000 bitcoins on a pizza. Or he could have spent $25 on 10,000 bitcoins.

So if you spend some bitcoins on something, then the price goes up. Don't worry about it. Would you have spent fiat on that thing? Fiat that could have been used to buy bitcoins...

this is classic debate on whether bitcoin is an investment or can it be a currency.

for those who see / use bitcoin as another currency it doesn't matter what the price is, like the pizza story. they don't care if the price will go up the next day or falls to the ground because they are spending as they earn.

but for those who see it as an investment and don't see the potential of a currency (at least not yet) it is supper hard to even thinking about spending bitcoin while it can go up and they make huge profit from their investment.
22303  Other / Off-topic / Re: Complete the sentence... "I would sell all my Bitcoins if..." on: July 17, 2015, 04:55:55 AM
Wow. 20 pages of responses to the line: "I would sell my bitcoins....!"

I've got one word! "HODL!!!!"



then what is the point of having bitcoin if you just hold on to it?!!
it is like saying i am not going to touch my salary and hold on to it and starve to death!

you either have bitcoin to spend like any other currency to buy stuff, or you have invested in bitcoin to sell it at a higher price and get a nice profit. with spending not being easy and not a lot of places to spend it the second is the case. so you have to sell at some point!
22304  Economy / Gambling / Re: What are the dice sites with the lowest house edge? on: July 17, 2015, 04:41:00 AM
https://bitcointalk.org/index.php?topic=1120115.0
the house edge is 0.01% to 0.03%
u can check there
oh wow, its one of the lowest edges i have ever seen, its a really good way to attract a lot of new players for a new website like that

but remember that this very low house edge is just temporary as the owner says he is going to rework it to variable house edge from 0.01% to 1% in the future.
also the site is so armature and just a simple copy of a open source dice script that anybody can get from internet with an step by step process! it needs a lot of work to be worth playing at.
22305  Economy / Gambling / Re: What percent of internet Bitcoin poker is Luck vs Skill? on: July 17, 2015, 04:29:55 AM
When you play online (not against human), it's 75% luck & 25% skill since most online poker is rigged.
Even while you're playing online against human, you couldn't know if other players are cheating or work together with casino owner.

I prefer playing with another human since, it's 75% skill & 25 luck

Online games are probably rarely rigged, at the big sites i doubt any games are rigged.  They already are taking rake no need to cheat. As for collusion and bots yeah that will happen, some people you can still beat like this.  Its all about picking the right games online.

it is not about the game being rigged or not. if it is rigged then all bets are off, and there is no chance and all is losing.
about a fair game, the thing is when you play poker with a human there are emotions involved than can help you win or lose. but when playing against a bot it is all logic so it is completely luck based.
this is more understandable when you are playing with a human face to face. that is what the term "poker face" comes from.
22306  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] Litecoin Online Wallet - https://CoinWallet.co on: July 16, 2015, 11:28:43 AM
as long as there is a very nice "Electrum-ltc" wallet that you can install easily on your pc without the need of extreme space requirements of core, i don't see the need for an online wallet.
22307  Alternate cryptocurrencies / Altcoin Discussion / Re: Anyone got rich with altcoins (with small amount) ? on: July 16, 2015, 11:24:44 AM
Hey,

my question is, have someone done it here with altcoins to get rich?

This mean with a small amount of bitcoins (under 5 btc) make a few hundert bitcoins?

I had a few times the chance, but everytime i sold the coin a lot too early.  Cry
I hate it seeing that "your" coin is rising and rising but you are out.  Lips sealed (and its too late to make BIG profits)

i didn't get rich from trading altcoin but i had a very nice +profit from my trades over time. and i literally started from 0 on CEX.IO back when it had no trade volume limit.

all i can tell you is that when you get out of the coin don't look back again Smiley it is only going to be hurtful try and take whatever profit you are comfortable with and get out happily.
22308  Economy / Gambling / Re: Good and relatively safe dice strategy? on: July 16, 2015, 11:06:11 AM
Hi, I want to know what's the best strategy when playing dice if I have 10 BTC bankroll and want to make 40 BTC.
I know only Martingale, and that's bullshit strategy so I was just randomly betting and lost so much.

in dice there is technically no good or relatively safe strategy that an give you 4x profit. none of the strategies are guaranteed and you will always lose at some point. but people have some luck with some strategy and call it safe and profitable until they lose big!

i think the only strategy that can be good profit from gambling is betting in a game that is skill based instead of being based on luck. something like poker.
22309  Economy / Gambling discussion / Re: How greedy you are? When will you stop and withdrawn? on: July 16, 2015, 11:01:25 AM
for me , if i get 2x amount of my initial bitcoin it would be enough for me and i will cash out the profit.

but in my experience i always lose the whole amount before getting to the profit part Cheesy
22310  Economy / Gambling / Re: freebit.co.in multiplay system on: July 16, 2015, 10:54:35 AM
Probably fair means - either you win or loose. 21 red streaks is nothing, I heard about 50 red streaks  Wink Regarding martingale method - it is very hard to say - it is good or not. If people win,they say martingale is best, if they loose, they say martingale always loose.  Grin

So everybody still call dice game is fair game i think 50 red streak is answer provably fair or not dice game and for me 50 red streak of course not

it depends on the odds of winning on a ~50% chance win the maximum losing streak is around 31. i doubt that 50 loss is even possible with those odds on a "fair game"
22311  Economy / Gambling / Re: Quantum Dice - House edge as low as 0.01%!!![limited time] on: July 16, 2015, 10:48:52 AM
The low amount of house edge is really competitive and it can attract customers but the design is a poor simple clone clone without any additional changes .

i didn't find any autobet on the site. it can be a nice addition since almost everyone bets with automatic betting system on dice sites.

you should do some promotional giveaways to bring more people to playing on your site.
22312  Bitcoin / Bitcoin Technical Support / Re: I hacked (database) Bitcoin private keys but i cant get the money out :( ????? ? on: July 16, 2015, 08:57:49 AM
~~
The OP is most likely (IMO) an alt of whoever is behind the stress tests. I am also going to speculate that these private keys are being released to put additional "stress" on various bitcoin related services, causing them to be less reliable. For example, after these private keys were released, many people probably accessed brainwallet to try to spend inputs from one (or more) of the private keys, and brainwallet will, by default try to download a list of unspent outputs from blockchain.info, and once they have created a signed transaction, brainwallet will attempt to push the transaction via blockchain.info's pushtx page (via their node). I would also think that many people would visit blockchain.info (it being the most popular AFAIK block explorer) to review the address's transaction history, and the transaction history being very long, will use more of their resources then someone visiting a "normal" address's transaction history. These are just two examples of how blockchain.info would become "stressed" as a result of this, and I am sure there are other examples for both bc.i and other bitcoin related services.

this is exactly what they are aiming to do.

a couple of days back i saw a somewhat similar post on reddit with a single private key of one of the addresses that was involved in the attack. the person posting the key was claiming to be a newbie and begged people not to steal the bitcoin but to help him with the balance!!
then after checking his history i saw that he released more than hundreds of bitcoin private keys of addresses which were involved in the spam attack.

that day blockchain.info service was messed up and gave every user a time out (max request achieved)
22313  Other / Beginners & Help / Re: Questuon about mining bitcoins on: July 16, 2015, 08:48:57 AM
Hello Community,

I have a question will bitcoin mining be finish one day or whats the story about the blocks etc?
Yes mining will stop one day but we'll all be dead so it doesn't matter. I don't think anything has been decided on the blocks yet but they will need to be enlarged at some point for sure.

what are you guys talking about?!! mining never stops

mining bitcoin means a miner is adding the transaction to the blockchain and the block chain serves to confirm transactions to the rest of the network as having taken place.

actually nothing about mining is going to end not even block rewards. block reward is currently 25 and it will be halved so it will never end!

i suggest you read bitcoin wiki page specifically the mining section: https://en.bitcoin.it/wiki/Mining
22314  Other / Beginners & Help / Re: Help Setting Up BTC Donations/Tips on: July 16, 2015, 08:40:31 AM
since you want to use it on your blog , i find that  the donation button created with http://btc.blockr.io/ is way nicer than what blockchain.info created.

you should go to http://btc.blockr.io/ and put your address you want to receive donations in the search field then in the coming page click on the "Donate button" the rest is easy just choose the style, text, size, color, text and other options that you like and then click "get code ..."

the result is way cooler this way.
22315  Other / Beginners & Help / Re: BTC--> Micro Conversion Table on: July 16, 2015, 08:31:21 AM

BTC         Bitcoin                 1.0
dBTC       deciBitcoin            0.1
cBTC       centiBitcoin           0.01
mBTC      milliBitcoin             0.001
μBTC       microBitcoin          0.000001



Example :  We can convert 0.020 mBTC a satoshies  doing that:       0.001*0.020=0.00002000  or 2000 satoshis.

If someone have  a doubt about a conversion please post here and community will help you to resolve this.

it is a nice table for conversion if you live in US and have no idea what metric system is Cheesy

also i have never heard anybody use deci and centi for bitcoin.

and you should add bit (1 bit = 100 satoshi = 1 μBTC) it is popular too.
22316  Economy / Speculation / Re: Bitcoin goes to 1200-1300 within a month. on: July 16, 2015, 08:20:17 AM
Hello. Good news.

New target: 800-1300
Nice time to buy, current price is 285
Reasonable STOPS  starts at 273 and lower


The closest resistance to break is 330

finally a smaller range prediction, the previous (350-1300) was such a ridiculous price range with $950 difference!!
22317  Economy / Speculation / Re: $10K by the end of 2016 on: July 16, 2015, 08:09:55 AM
do you guys think it is possible? Cool

not possible by the end of 2016!
i think at least we need a couple of more block reward halvings and also it becomes mass adopted.
until them we will be lucky if it reaches 1000 USD.
22318  Bitcoin / Electrum / Re: Total NOOB here and desperate for help on: July 16, 2015, 08:06:17 AM
you need to provide more information if you want any help.
the bitcoin address that you received the funds in or the transaction id.

i am assuming that you are using Electrum since you posted here.
so did you download Electrum from its official website or did you download it from a fake website?
was the address created by Electrum or did you import it in?

do you have an updated antivirus / malware protection? check your computer with them.

Quote
from what I can tell it seems the same person who put the coins in took them back out. He says he doesn't even know hot to do that.
what do you mean?

did you actually receive the bitcoins in your wallet. i mean was the transaction confirmed?
or did you just see the transaction with 0 confirmation.
at the bottom left of Electrum the balance is like this:
Code:
0.0[0.2unconfirmed]
unconfirmed transactions can be double spent!
22319  Bitcoin / Bitcoin Discussion / Re: Hardware wallets are unsafe on: July 16, 2015, 07:23:17 AM
After recent rumours of security loopholes in Electrum, ~~~

rumors?
what security loopholes in Electrum are you talking about?
explain or include links or this is FUD

22320  Bitcoin / Bitcoin Discussion / Re: Bitcoin is NOT a currency debate! on: July 16, 2015, 07:14:33 AM
Bitcoin is NOT a currency!

In it's simplest form it is just payment rails. Stop thinking about is as currency and what is left to regulate?

If a merchant selling a pair of jeans for $250 accepts a 1 bitcoin and customer 2 weeks later asks for a refund with a value of a bitcoin going up to $300. Is he going to get 1 bitcoin back or a value of the jeans he bought? Naturally, the value, which means 3/4 of a bitcoin at the time of the refund. So, how does it make bitcoin a currency. ITS NOT!

What do you think?

this is always what i say and concerns me.

bitcoin is not "YET" a currency, you can use it as a currency but it is still an investment with somewhat of a high risk.

this is why all the places that are accepting bitcoin, they immediately dump it for fiat instead. so as for your example if the price goes up to $300, you won't get a 1BTC refund instead you will get ~0.83BTC refund because the shop is dealing in fiat not bitcoin. they are just accepting bitcoin which is then converted into fiat.

also that is why you will always see the prices in USD and the equivalent in bitcoin, not a fixed bitcoin price.
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