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2321  Economy / Speculation / Re: Buy at $780-800 USD on: March 05, 2017, 10:38:11 PM
There is no chance to buy bitcoin under 1,000$  Do not say $800. it's just a day dream. the prediction is at 1,500$ in May, 2017 and it could hit 2,000$ at the end of 2017.

no one knows what will happen in this year even if you say that the prediction is at $1,500 in may, 2017. there is still any possibility for bitcoin to gets down a while before its rise up in one range and we know that, we passed that so as long as we can still make profit with the price now, i think we can make that profit.
Price perhaps touching $800 one more time is not in anyway saying that the moon expedition has been aborted. Rather as what to expect in every financial market, the price of any asset does not just move in a straight line or indefinitely in anyone direction, so we can still touch a point below $1000 to gather momentum for the upthrust.
2322  Economy / Speculation / Re: Learn from others mistakes. Hodl on: March 05, 2017, 08:33:17 PM
We cannot tell that to those who earn bitcoin like in signature campaigns here to pay their bills. I hope everyone hold as well because of the rise in price but its not true to others.

i've seen enough people writing about what they do with their sig campaign earnings. alot of them are squandering it immediately on buying games and stuff.

i fully support people who are participating a bitcoin economy, but damn that is a wasteful move that'll haunt them in the years to come.
Well in an economic sense, all those activities can equally be said to be a participation in the Bitcoin economy. There has to be buyers and sellers at every point in time in any market to provide the necessary volume and liquidity, without which a market could lose its appeal. All bitcoiners  cannot simply hold tight to our coins till it gets to the moon because that's what stands in the way of sustainable growth.
2323  Economy / Services / Re: 50% Monthly Returns On Your Investment on: March 05, 2017, 07:46:59 PM
14.14% pure profits so far, probably will hit 20% profits today alone.
Please pm me if you are following my live trading for free non public update and trading signal.

If you are making that much percentage in just one day, then you must have been using an equally very risky strategy that would burst someday. So now that you are ahead, it is best to re-evaluate your strategies and incorporate some conservative measures especially as you are asking to manage people's funds. There again. I think it serves all well if you run your business with  PAMM, it is safer, reassuring and being automated makes it appealing for most investors.
2324  Economy / Speculation / Re: Bitcoin price after ETF 2500$? on: March 05, 2017, 04:02:36 PM
Hello i saw on centrabit app, they wrote article about the ETF.. we will see 2500-3000$ each BTC?
check out here:
http://www.centrabit.io/

It is certainly possible. Consider that the ETF would mean that anyone can go to their local bank and buy the COIN shares. It doesn't matter if you are a regular blue collar worker or a wall street shark, or an huge billionaire mogul... as long as you got a bank account im sure they will be willing to buy it for you.
Never heard of ETFs being for all comers, have always known it to be some investment tool for the institutions and high networth individuals, who are actually the ones to afford the cost of having to buy those shares in bulk.

Quote
This means massive amounts of money coming in. The marketcap is tiny, so price can go up quickly.
If it doesn't pass, I think the dip will not be that noticeable.

Don't forget they are not buying Bitcoin direct par se, rather it is the shares of an instrument that tracks Bitcoin that would be on sale. What ETF approval would likely do for Bitcoin is that it is going to tag a sort of endorsement for Bitcoin and then more adoption by wealthy people.
2325  Economy / Trading Discussion / Re: How is trading *not* gambling? on: March 05, 2017, 03:31:34 PM
We can't deny that trading is also part of gambling because i know in gambling, you need to risk an amount or part of your own money to get something more and that was also applied in trading. Trading requires money and you need to risk your own money in order to earn more just like gambling sites does.
The logic that you risk money in gambling as well as in trading doesn't in any way make them one and same as we know natural nature itself does not support vacuum, we have to sow a seed for instance to be able to harvest multiples of that seed. So that makes everything about life a risk, however somethings are riskier and some are even hopeless. Yes trading has its own share of risks, but it is certainly not a dead end as much  as is gambling - yet to hear of any trader taking their life over trades gone wrong as is common among gamblers.
2326  Economy / Gambling / Re: ★Crypto-Games.net ★ 9 coins ★ 6 games ★ Since 2014 ★ Contests ★2200 BTC invested on: March 04, 2017, 11:25:15 AM
Can you please put some meaning to your words by providing examples about in which way it is "questionable"?
Don't feed the troll...
Answer was already obvious - for $25,000 he was willing to take some Eskimos on vacation to go see what ice really looks like. That simply goes to highlight that most reviews on the internet are craps targeted to mislead lazy bones who readily swallow hooks and sinkers without as much as scratching any surface in due diligence.
2327  Economy / Gambling / Re: fortunejack.com POSSIBLE EXIT SCAM on: March 04, 2017, 07:17:02 AM
Seeing those pictures about minimum withdrawal of bitcoin, I have to check it immediately if that's for real. And upon seeing I find it crazy to see FJ's to require their gamblers to withdraw that much. It's a force gambling, they are forcing their gamblers to keep on gambling until reaching the minimum limit which is a freaking move.
Knowing that in the long run a player stands very good chance of kissing his coins goodbye, the 0.1BTC is to see to it the payment threshold is made unattainable by majority of players. Imagine what it would entail in terms of time and effort to raise a deposit of 0.01BTC to 0.1BTC, they know it is going to be a suicidal mission for players and it wasn't an after thought.
2328  Economy / Gambling / Re: scripting primedice --- getting started on: March 02, 2017, 09:53:43 PM
I don't understand why people use this? There is an autoroll on the site already

Yeah but the auto roll sucks. What if you want to automate a betting system other than simple martingale, like labouchere for instance. Or d'alembert. Or you need a way to reset the bot after x profit, or stop after y loss. Or automatically withdraw you profits to your wallet.

People use other bots/custom bots for more features/settings/automation.
exactly there are a lot of strategies that can't be played with autoroll, besides it can be added more functionalities according to the user needs
Besides, a player is safer playing with a custom bot than what is offered  by most sites. With some sites, they create more luck for themselves by making it near impossible to stop the autoroll at the exact point you ordinarily would have loved to and most times losing streaks gets to run wild.
2329  Economy / Speculation / Re: 1 Bitcoin Worth Is 1000000$ on: March 02, 2017, 05:39:12 PM

* Not to sound pessimist but be aware of 'pump and dump' situation. Right now pump is at peak, wait for dump.

I think pump peak is yet to be obtained, we have still more than one week before the SEC decision on ETF.  We are aware of the fact that the nearer we get to the  event, the bigger the hype and influence it will make to the market.  So probably price will still climb maybe to almost $1300 before the event date.  I just hope ETF to be approved so we can celebrate with higher Bitcoin price.
By the way market works, there is still the tendency that market price would keep appreciating well until a day before the ETF news hits the airwaves. To that effect, 2 days to the news would be a realistic  time to offload some coins, because there is every likelihood that price would drop in view of what the outcome would look like. Nevertheless, Bitcoin is destined for great heights, so regardless of the outcome of the ETF, the journey to the moon stays on course!
2330  Economy / Gambling / Re: fortunejack.com POSSIBLE EXIT SCAM on: March 02, 2017, 05:14:04 PM
@playerbtc thanks for that live chat feed. Seriously, these excuses are getting ridiculous. They raised withdrawal limit to 'speed up transaction process"?
What kind of dump pretext is that? I know FJ has always free withdrawal i.e you didn't have to pay transaction fee.
If they were losing money because of that, then they should simply introduce small transaction fee - I would be fine even with 40k satoshi.


I agree with your point i was once playing poker on that site and that time withdraw problem was not their but after their poker room is closed i did not checked back but today what i am seeing that they have started to do scam users by choosing withdraw limit as 0.1. In my point when they are making withdraw limit as 0.1 btc then they should also add deposit limit as 0.1btc so that user should not get scammed due to low btc deposit and when withdraw they should not get feel of getting scammed.

And your point of keeping transaction fees if they are in loss due to free withdraw transaction is ok too keep 40k satoshi this way they can also cover their withdraw fees and keep the site clean.

Yeah, I got off from their live chat and told them that this was stupid and they should bring back the minimum to 1mbtc for to retain the status quo, but seems that they are set on implementing this measure. I also told them to have their community manager, Irene I believe here name was, to make a public announcement about this and to appease the users here.
The beans is spilled already and the people are wiser, so even they return the minimum withdrawal to 1 mBtc, trust is already out of the window and the fire on the mountain as yet has not been put out. The way I see it, the new minimum withdrawal is just a tool to trap as much money as possible in their coffers so their loot would be grand, otherwise minimum deposit should have been raised to 0.1 Btc too if their concern was genuine. Run with your BTC guys!
2331  Economy / Gambling / Re: fortunejack.com POSSIBLE EXIT SCAM on: March 02, 2017, 02:22:21 PM
Anyway, for withdrawals since the method they use is manual, you might have to wait a few hours to get it. I had a withdrawal that lasted for 3 days, but there was no problem. They still released it. Just contact them. Fortune jack has not had any issues whatsoever previously, and I think they are very reputable.
Just because you are wearing their signature does not mean you should see what's black and chose to call it white. The cryptocurrency industry is synonymous with instant transactions and that must have been the case too with FortuneJack because all the while I had played there, I never experienced delays but if now a request for withdrawal can take up to 3 day to pull through, that is indeed a red flag and  all is certainly not well with the site.

For reasons that have to do with the log of my past losing games showing up every time I log into my account and eating up part of my balance, I haven't been playing at the site for quite a while, but on stopping by this moment, this is what I found:
Quote
WITHDRAW
Please note: Minimum withdrawal amount is 0.1 BTC or its equivalent in other currencies.
Now if that is not a mistake, it must be a good pointer or confirmation that there is fire on the mountain!
2332  Economy / Gambling / Re: ✅DuckDice.io🎲 MAX 2K Faucet🎲 3K Signup🎲120%1Dep Bonus 🎲1%Edge🎲Fair🎲Chat🎲 on: March 02, 2017, 01:51:10 PM
PM feature is great to have with chat in a dice site and kind of give Duckdice a +1 over similar sites. I would want to see an in house exchange also incorporated here especially these days that Bitcoin transactions are taking donkeys years or some tons of fee to come through.
2333  Economy / Speculation / Re: 1 Bitcoin Worth Is 1000000$ on: March 01, 2017, 11:08:55 PM
If everyone is holding, then the price will not move, it will be stagnant. Price develops because there is demand, there is buy and sell. But if everyone is holding, nothing moves. Even the blockchain will be useless because there is no transaction to record.
First off, it is never going to be possible for everyone to hold their Bitcoins, but assuming we have a situation like that at hand, price will certainly not be stagnant as not selling goes to mean, many more demands are left unfulfilled, kind of creating some scarcity and so the price would no doubt appreciate.
2334  Economy / Economics / Re: Make money from money on: March 01, 2017, 10:27:41 PM
What are the features that a good investor should have? What are the characteristics of people who have enough capital and earn money from money?

What are the factors that make these people successful in their investments?
capital had to be but what is important is their investment strategy how investors choose where to invest, how The investor managing investments. many other important factors that must be present for success in investment.

Nailed it. Investment is more about skills and abilities of the investor rather than the capital. One with low capital can earn good returns using his knowledge, time, skills and ability and on the other hand, one can lose his entire capital with silly mistakes. Fortunately, I have found myself in both such situations and I think experience gives us everything that we need to know.
Having the right knowledge,skills and then good enough capital is the preferable combination to bring out the best in one's trading career. Having to manage little capital most often stands in the way of the profitability of a trader and and in most cases culminates in over trading, boredom and loss eventually.
2335  Economy / Speculation / Re: Get ready to buy on: March 01, 2017, 07:48:22 AM
But i need an evidnece from SEC if they will be accepting bitcoin before the bitcoin price can increase over $1500 (irrational in my opinion) Just sell them before the SEC deadline and everyone will get a profit.

It's all about the Bitcoin related ETF, and not that the SEC will start accepting Bitcoin itself. I do agree that if you want to act, that it should be done in advance of the potential ETF approval, but the point is that no one knows what the result will be in March. If you just don't know what to do, then just keep holding as the price will climb back up in case the price does happen to get dumped down at the time the ETF is not approved. It's not all that bad, at least you'll get the opportunity to enter the market at lower rates.
You are right, the correction should be expected just before the ETF approval as is usually in a financial market, many out of panic, safety or mere speculation, would rush in to offload their coins until after the news about the ETF is out.That would bring the much expected market correction, so it is going to make a good business decision to go gather as much fiat as possible, waiting to buy more coins just as the ETF news is in view. If it gets approved, the better, if it does not, Bitcoin is destined for the moon regardless!
2336  Economy / Speculation / Re: THE DUMP on: March 01, 2017, 07:32:07 AM


i wonder how to make the chart like this because i don't know how to do it. but if this is really happen, then the chances to getting down its really big and we can see the price is down to deep, it will make many people getting panic especially in the market, people will sell their bitcoin as soon as they can because they don't want to get loss and they can make invest with low price in that time.

Bored people who make it their hobby to trade Bitcoin read a lot of books about technical analysis and do all the elaborate charts that does not really predict anything. While the real professionals are very quiet about what they are really doing and yet the are the individuals who are making the real money by trading. Most of the time the hobbyists are mostly looking for validation in their lives.
You may want to know that those technical analysis also works good with Bitcoin, except one does not know what to look at. In the absence of any significant news, what usually rules the market is technical analysis and any trader that is able to recognize and capture those butterfly formations cannot be say to be a hobbyist. It takes keen interest and passion to be able to come this far in trading.

What the analysis is actually saying is that we should expect test of key support levels before price shots to new highs and that is not something strange as many more traders will rush to take profit as price keeps increasing and then there would be a drop in price for another opportunity to buy at lower prices - that is just it, the raw figures there only serve as guide.
2337  Economy / Speculation / Re: Price climbing fast again on: February 28, 2017, 08:47:22 PM
Something very outstanding and going for Bitcoin is the fact that it is beyond the control of any government and so when any government tries to impose itself on it, we're seeing Bitcoin taking the hit and bouncing back in a short while. That is the exact scenario now playing out after the jolt in January, by the PBoC and for that, significant volume of trade have had to leave China for Japan. More or less like demonstrating Le Chatelier's principle holds true not only in Chemistry, but also in FinTech.
 
Quote
Le Châtelier's principle, chemical principle that states that if a system in equilibrium is disturbed by changes in determining factors, such as temperature, pressure, and concentration of components, the system will tend to shift its equilibrium position so as to counteract the effect of the disturbance

We have yet to see that

If this principle stands when Trump outright bans Bitcoin in his fight with terrorism and terrorism financing as some folks are expecting him to do in the possible future. As to me, that would be an ultimate test for Bitcoin resilience to external stress (only universal banning of Bitcoin through the Security Council of the UN would likely be above that). So far Bitcoin has been withstanding such impacts pretty well, but I have always been saying that if Bitcoin is set to die it will be due to internal factors, not through external influence
I don't see Donald Trump banning Bitcoin because that would not support the greater America he has in mind. Guess he understands what China stands to benefit in a situation like that. Having Bitcoin supporters in his cabinet is another pointer, he might not be quite vocal about a ban on Bitcoin.

A recent news however about a 10% increase in budget for defense is indirectly a wind behind the sail of Bitcoin, because those $54 billion dollars are going to come from thin air and then worsen the inflation dilemma the dollar is already having and then the race to Bitcoin as save haven would simply continue.
2338  Economy / Speculation / Re: I'm dumping my bitcoins so you should on: February 26, 2017, 05:11:43 PM
I also sold my bitcoin@900 $ I wish I had waited.Now looking to buy more.Any chance of price drop in near future?

Some people say that if the ETF gets rejected the price will dip. I think the people predicting prices as low as 500$ are stupid and out of their minds, we are never going back to $500. This price rise is far from ETF hype only, so we will see a lot of people getting fucked hard as they realize the price does not dip and their shorts are smoked. There are more chances for the ETF to get approved anyway.
No way we're seeing $500! there might be a dump which will leads us to $750-$800 levels and then the price will start recovering.
Every now and then that new highs are made in the market, it can be expected that retracement would follow sooner or later, before price continues in its course. It is at these retracement levels that experienced as well institutional traders await the market to buy again and join the ride to the moon once more. That is a recognized and effective approach to trading and newbie would do well to learn to apply than concluding that all prices is okay to buy.
2339  Economy / Economics / Re: Why Should I Choose Bitcoin ?? on: February 26, 2017, 03:59:26 PM
I read so much about Bitcoin being decentralized, low transaction fees and virtually instantaneous... REALLY!!!
I have been using and learning as much as possible about bitcoin over the last couple years and there is one very big elephant in the room.. It is controlled - just not by governments or banks or so we think... the miners and exchanges are not really all that regulated, so their greed will get the better of BTC in the end. I tried moving my BTC from my electrum wallet to an exchange 12 hours ago...still waiting for confirmation because I did not pay enough of a fee... sound familiar??!

This is what you should have expected

Transaction fees are no longer low. In fact, if you are transacting small amounts, the fees may be even higher in dollar terms than what you would pay if you tried to transfer the same amount via a regular bank (using fiat). In this aspect, Bitcoin becomes sort of elitist asset (like Berkshire Hathaway stock which is worth over 250k dollars per share). I don't really know if this bodes good or bad for Bitcoin in the long run, but microtransactions using it are basically done with today
It goes without saying that high transaction fees especially for the micro-transactions does not bode well for Bitcoin and the community we are trying to build around it. Apparently it is looking more of swooping horses in midstream because one of the pillars of Bitcoin, is that it promised very low transaction fees, but of late, it is becoming a case of the highest bidder gets it all and that is pathetic. If transacting in fiats are beginning to look more appealing than with Bitcoin, then we had better watch it before it becomes, "watch out!"
2340  Economy / Gambling / Re: ►►DiceBack.com: Play as usual, get % back! 5 sites, 6 games, 9 coins on: February 26, 2017, 02:18:28 PM
This is a nice concept @ Debuni, why didn't I think of it myself  Cheesy If you keep it all nice and easy, it would certainly go far. Did you ever discuss what would be any of the listed sites should one ditch an old account for a new one with your link, since ip is likely to stay same? Wondering if it isn't far easier to request change of referral from admin of sites.

I have just joined KingDice through your link as my nick here, can you confirm that. And is there a provision to see list of those under you?

@ KingDice, why you minimum bet is pegged at 100 satoshi?
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