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2381  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: October 20, 2015, 10:42:32 PM
As far as I am concerned here are the ways you can earn BTC:

1.  Faucet-Low value, but you have no chance of losing faucet BTC you receive, there are sites out there that might not pay out though.

2.  Sig Campaign-  Depending on your rank you can go ahead and earn a set amount per post 

3.  Trading-This is much like gambling, you can earn coins depending on well you trade

4. Gambling-  You can earn coins from gambling, but this is by far the most risky thing to consider




You forgot about 5) working for either fiat or BTC and converting that paid work to BTC.
why people should always list the gambling as a method of growing their coins? if you continue that maybe newbie's will com to gamble because they saw that many users are saying that they grow their coins from gambling.

I guess it's too late Cheesy , I can see a lot of bitcoin newbies on a local bitcoin earning group being interested on gambling cuz of those people posting their winnings with gambling. I somehow pity some of them cuz they use to gamble their hard earned btc with faucets and if they lose, they will post begging some BTC cuz they lost.

Might be that every bitcoiner has to go through some kind of school, a learning curve. Including being scammed in numerous ways, losing on gambling and so on. Cheesy

Yes, unfortunately. I have lost twice, pretty bad on the altcoin trading. After second time I have just stopped altogether. Altogether about 3.5 BTCs lost. I did earn a lot though by trading up until loses, but these loses did hurt me quite bad.

I was also supposed to lose 2 BTCs on the BTER hack. But a night before the hack, I have decided to withdraw my coins, the same coins that were over 6 months on this exchange. Now that was some crazy luck, I know it.

Yeah, that was huge luck. Cheesy

One should never let coins lay around on an exchange if you don't trade with all of them at the moment.

Though that reminds me that i should take down some coins i wanted to sell... Roll Eyes
2382  Bitcoin / Project Development / Re: [ANN] MarginBot - A Bitfinex Margin Lending Management Bot on: October 20, 2015, 10:35:23 PM
Yeah, closed source, paid subscription model and Windows only (do you expect me to run a Windows machine 24/7 for this?!) - also advertising in threads of other projects! Angry

I think I'll pass on that...

Are you sure you mean this bot here? This bot is free, open source, since php, and it can be run on any machine that can run a webhosting software.

And advertising makes no sense either.

You sure that you don't mix something?
2383  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: October 20, 2015, 08:26:03 PM
As far as I am concerned here are the ways you can earn BTC:

1.  Faucet-Low value, but you have no chance of losing faucet BTC you receive, there are sites out there that might not pay out though.

2.  Sig Campaign-  Depending on your rank you can go ahead and earn a set amount per post 

3.  Trading-This is much like gambling, you can earn coins depending on well you trade

4. Gambling-  You can earn coins from gambling, but this is by far the most risky thing to consider




You forgot about 5) working for either fiat or BTC and converting that paid work to BTC.
why people should always list the gambling as a method of growing their coins? if you continue that maybe newbie's will com to gamble because they saw that many users are saying that they grow their coins from gambling.

I guess it's too late Cheesy , I can see a lot of bitcoin newbies on a local bitcoin earning group being interested on gambling cuz of those people posting their winnings with gambling. I somehow pity some of them cuz they use to gamble their hard earned btc with faucets and if they lose, they will post begging some BTC cuz they lost.

Might be that every bitcoiner has to go through some kind of school, a learning curve. Including being scammed in numerous ways, losing on gambling and so on. Cheesy
2384  Other / Politics & Society / Re: McDonald’s Is Days From Opening Restaurant Run Entirely By Robots on: October 20, 2015, 08:17:38 PM
All we are looking at is a change in where the jobs are to be found. When the wheel was invented, the wheel-wrights took some of the jobs away from the shoemakers until the shoemakers adapted to the situation by finding new jobs, or by making parts for carts that had wheels on them.

No difference with robots. If the only workers are robots, who is there to buy the products? Nobody has money, because nobody has jobs, because the robots took them all. Because of this, the whole robot scene crashes.

Presently, the people who get in first with the robots are the ones who will make out reasonably well. They don't have much competition, and people will still be getting enough money from other jobs to buy the products robots make. The disadvantage is that the early robots may be proned to failure until all the bugs are worked out.

It will be the same as always. Just like we don't have blacksmiths making cars any more, because robots took over the job, and the car companies all went bankrupt, and the nation bailed them out, there will come a time when the nation will not have the strength to bail anybody out again. We will go back to people doing the jobs, while the robots will rust.

It's just a cycle. Smart people will watch and learn. They will roll with the cycle. They will run business or find jobs where they are needed. It's always been like this.

Smiley

Exactly. The fear about that all the work will vanish is nonsense. This fear exists since ages and it never happened. But what happened was that always new kind of works arose. At the moment it is the service sector. It's growing since years and taking over.

Well, nobody should fear robots taking away their work. Though i think nobody should dream about not having to work anymore because robots do all the work either. If they do it isn't said that you will get something from the fruits of their labour.
2385  Economy / Services / Re: [ANN] SebastianJu - Free Legendary Escrow Service - Escrowed over 8150 BTC on: October 20, 2015, 08:12:49 PM
im away for at least a week ...

but when i return - i shall collate what we need - and contact you ...

you seems to be a trustworthy and reliable contact with a service that is the same ...

#crysx

Thanks for the praise in advance. Cheesy

Let me know what it is about when you are back...
2386  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: October 20, 2015, 08:08:54 PM
why people should always list the gambling as a method of growing their coins? if you continue that maybe newbie's will com to gamble because they saw that many users are saying that they grow their coins from gambling.

If gambling is one of their method in growing their beloved bitcoin then we have no right to contradict even they posted that. That is their method and if newbie will do the same it's not their fault as the title of thread is asking for Methods of Growing "Your" Bitcoins.

No he is right. Even when someone claims he "grows" his bitcoin with gambling. It simply is not correct. Either he deceives himself by not thinking about the losses or he had a short time some luck.

But it is impossible that you have luck all the time. And mathematics can't be beaten. You will inevitably lose over time with gambling. Except you play something where you can change the odds to your advantage. But dice casinos and co are nothing like that.

So no, offering gambling to newbies is a bad advice. It it simply a mathematical proven sure way to lose your bitcoins. Not to grow them.
2387  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: October 20, 2015, 08:01:15 PM
Trading bitcoin and lending out are the riskiest methods I wanted to do. I have some experience in these two. When one out of 10 loan goes wrong it will not hurt that much same way in trading too.

When one out of 10 loans goes wrong then you lost more than what you earned in the last 9 loans. If you received 10% interest. If you had a proper collateral, that means a nonhacked account, for example Roll Eyes, then it might be not so dangerous.

So never loan without a proper collateral.
2388  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: October 20, 2015, 07:55:33 PM
hi im Bruce Wevael, im a co founder of anoninvest,

to anyone thats looking for a legitimate company to invest their bitcoins, my company anoninvest provides 3 anonymous bitcoin investment portfolios that are manged by professional traders

these products were only available to tor network users, but we have opened these products up to everyone via a tor2web extension

check out our website http://nurhgwbdqavwybzo.onion.to if you have any questions post away

cheers Bruce

[/quote

For anyone thinking about clicking that link. Better don't. If you invest there you have no chance of getting anything back when they run with your coins.
2389  Economy / Economics / Re: Macroeconomics and gold/silver, small cap/large cap stocks, altcoins/bitcoin on: October 20, 2015, 07:48:04 PM
I think the current events show that this is not always true. Bitcoin price is rising and practically all altcoins are dropping in value.

1. It's not clear that this is a cryptocurrency bull market. Bitcoin has been bouncing around between 215 and 315 all year and we're at 265. I'd say that we are still in a bear-flat market.

2. Even if this were a cryptocurrency bull market, that would be completely normal. Go back and look at September 2013. Litecoin and other alts were dropping while BTC was rising. Only when bitcoin went parabolic did the other alts follow.

I found that trading bitcoins is really not easy. I tried forex now and the forex market at least values Resistance and support, pivot and all. That makes it at least a little bit predictable. But trading bitcoins is somewhat dangerous i found. You can't really predict it.

Or maybe i did not find out yet how to do it. Tongue
2390  Economy / Service Announcements / Re: [ANN] 1Broker.com - Trade forex, indices, stocks and commodities on: October 20, 2015, 07:37:48 PM
Quote
Ah, position history. Thanks for the tip.

I really hope i slowly get the grip of forex trading. One thing i like for sure is that these charts play by the rules of technical analysis. Something i missed with bitcoin trading.
hmm, it still is quite dangerous unless you are going with low leverage with currencies that you are almost certain will go a certain way.

The nice thing about leverage is that it allows you to use smaller margins and still make reasonable gains.
People with poor risk management rush in with large positions at high leverage, and the majority will lose because they lack proper risk management and analysis (fundamentally and on technicals).
I know the term gets reused a lot, but that is the truth.


I admit i make too often bad decisions, mostle when emotions get in my way or when i don't check carefully enough my indicators.

Can you tell what the most important indicators are for you?

For me it looks like pivot points are very important. The bigger their timeframe the more important.

Then normal support/resist, though you have to put them in the chart manually, or is there an indicator that can do that for small S/R too?

Checking if there is a channel and if the price is probably going to the opposite direction again is important too.

So can you tell me how you find your entry and exit points? And when you trade intraday and with leverage, where do you set your stop loss? And do you set a take profit or how do you decide that the price won't move further? (If no S/R or pivot are in the way)

If doing Leverage, how much percent of your bitcoins do you set in one trade?

Thanks!
2391  Economy / Service Announcements / Re: [ANN] 1Broker.com - Trade forex, indices, stocks and commodities on: October 20, 2015, 07:29:31 PM
Quote
Ah, position history. Thanks for the tip.

I really hope i slowly get the grip of forex trading. One thing i like for sure is that these charts play by the rules of technical analysis. Something i missed with bitcoin trading.
hmm, it still is quite dangerous unless you are going with low leverage with currencies that you are almost certain will go a certain way.

I think it should not make a so very high difference with leverage. I mean the price movements on eurusd are not so huge intraday that you could get margin called with 200 leverage. At least not if you care.

At the end it should not matter so much if you make 100 trades without leverage or 1 trade with 100 leverage. The risks should be the same. And if you fear being wiped out then only use a part of your investment.

So i don't see why leverage on 1broker should be so much more dangerous.

After trading on 1broker for almost a year, it like any other FX broker, with high leverage you can and will get your position wiped out in an instant on high volatility events with 200x or more.

Like AUDUSD during a major news event. If not paying attention and on the wrong side of the trade a 200x position would have most likely been wiped out



That 5m candle wicked to almost 50pips  Shocked

I know, though i think when you trade with these high leverages then you should not let your position unobserved. And a tight stop, maybe 2 pips, might be mandatory too.

Well, but i must say it is generally not easy. Even when you manage to let your emotions out, you have to beat the one pip. Which means you really have to have a very good guess to be profitable. I managed to win 8 bets and lose 6, though i had less than before because of the spread.

Does someone know if fxcopy.com is legit? That user tac trades usdjpy each couple of minutes but his exit prices always are 1 or 2 pips higher than the highest value i see on tradingview.com. Is that account an advertising for that broker and it is a scam? Or are there different forex markets so that the price difference can come from that?
2392  Bitcoin / Bitcoin Discussion / Re: Eliminating the block limit on: October 20, 2015, 06:55:04 PM
Always when i read someone speaking out against the total drop of the blocksize limit with the argument that we would have a lot of spam then, i wonder where this spam suddenly should come from. I mean there was no spam in all this time until not, where the 1MB blocks are nearly full. But when the blocksize limit is dropped, or only set higher, then suddenly spam attacks will appear.

Even when the fees are lower then, it would not be a problem when that would mean some miners have to be switched off because they get inefficient. The bitcoin network is 100 times more secure than needed. One would say that this means way way too many miners are attracted by the high rewards that are paid at the moment.

There would be spam from the people that are now against blocksize increase. Just to make a point. But their funds will run out sooner rather than later, so I guess this would hardly be a problem anyway.

I'm still greatly in favor for increasing blocksize, but this discussion has been going on so long, it seems there will never be consensus.

You are right... it's somewhat like a chicken-egg problem. If the blocksize controversy wouldn't exist then no spamming would happen. No one would pay the fees for that useless task. Roll Eyes

So the fear of the spam is something evocated at the end. Cheesy

I think consensus will be found. The matter of fact is that normal bitcoiners are powerless and that miners decide what happens. And it looks like the biggest majority of miners is for raising blocksize limit. It is a good sign since it says they see the risk for bitcoin when nothing happens and they are not greedy enough to consider the "fee market".
2393  Economy / Trading Discussion / Re: PP Chargeback on: October 20, 2015, 06:43:55 PM
Paypal's charge-back is actually invented to protect the buyers from possible scams. But buyers now a days misusing it to gain free usage of products by claiming refund within 41 days. But bitcoin is protected against charge-backs so all the transactions are final.

That is only true when you don't run an official business that is forced by law to refund buyers when they, let's say, don't want their product anymore within 14 days. Though bitcoin has the advantage that it is harder to get scammed. With chargebacks of course. It's actually pretty much easier to scam someone the normal way because no chargeback exists.
2394  Bitcoin / Bitcoin Discussion / Re: Thanks to people who support 1-2 MB blocks - great idea u fools... on: October 20, 2015, 12:06:22 AM
https://www.youtube.com/watch?v=TgjrS-BPWDQ&feature=youtu.be&t=12667

jgarzik suggests in his talk that Fidelity investment company has a beta bitcoin project which it is cannot turn on, because it would "max out" bitcoin capacity and future capacity growth is unknown

We are not responsible for your inability to understand fundamental facts about bitcoin scalability issues and
centralization. It seems that you keep supporting bigger blocks. For the last time, please understand that
our hardware is not capable of handling bigger blocks. This will be devastating for bitcoin, and will turn many people
on altcoins, which they have the same scalability issues or even worse.
Ohh wait! How convenient! Your nickname looks self-explanatory. LiteCoinGuy, how many litecoins do you own?
Well not everyone is invested in LiteCoin, which is just a copy of bitcoin, and 2.5 minute blocks make it even harder to scale compared to bitcoin.

I'm not sure where you life so that "our" hardware is not capable of using bigger blocks. In practically all countries i know it would be no problem at all.

Might depend on where you live. Roll Eyes
2395  Bitcoin / Bitcoin Discussion / Re: Thanks to people who support 1-2 MB blocks - great idea u fools... on: October 20, 2015, 12:04:40 AM
https://www.youtube.com/watch?v=TgjrS-BPWDQ&feature=youtu.be&t=12667

jgarzik suggests in his talk that Fidelity investment company has a beta bitcoin project which it is cannot turn on, because it would "max out" bitcoin capacity and future capacity growth is unknown


If they have such high throughput needs, why use bitcoin in the first place and not create their own altcoin?

They could have it merge-mined or secured by regular checkpoints stored in the BTC blockchain instead, using BTC just for security rather than using it as a storage network.

Basic question being why should a common shared blockchain become the one every single company with massive upscaling plans needs to be in?

For full scale, blocks would need to be in the GB range, today, and tens of GB with tech growth in the future, which would completely change the nature of bitcoin.

You sound like it is not their bitcoin too. Like, if you don't like it use something different. Though in fact it is their bitcoin the same way it is yours. And they can wish for changes to be done.

It would be a pity when bitcoin would be so limited that you would need other altcoins to still make it work. Roll Eyes
2396  Bitcoin / Bitcoin Discussion / Re: Eliminating the block limit on: October 20, 2015, 12:00:39 AM
Always when i read someone speaking out against the total drop of the blocksize limit with the argument that we would have a lot of spam then, i wonder where this spam suddenly should come from. I mean there was no spam in all this time until not, where the 1MB blocks are nearly full. But when the blocksize limit is dropped, or only set higher, then suddenly spam attacks will appear.

Even when the fees are lower then, it would not be a problem when that would mean some miners have to be switched off because they get inefficient. The bitcoin network is 100 times more secure than needed. One would say that this means way way too many miners are attracted by the high rewards that are paid at the moment.
2397  Economy / Service Announcements / Re: [ANN] 1Broker.com - Trade forex, indices, stocks and commodities on: October 19, 2015, 11:52:41 PM
Quote
Ah, position history. Thanks for the tip.

I really hope i slowly get the grip of forex trading. One thing i like for sure is that these charts play by the rules of technical analysis. Something i missed with bitcoin trading.
hmm, it still is quite dangerous unless you are going with low leverage with currencies that you are almost certain will go a certain way.

I think it should not make a so very high difference with leverage. I mean the price movements on eurusd are not so huge intraday that you could get margin called with 200 leverage. At least not if you care.

At the end it should not matter so much if you make 100 trades without leverage or 1 trade with 100 leverage. The risks should be the same. And if you fear being wiped out then only use a part of your investment.

So i don't see why leverage on 1broker should be so much more dangerous.
2398  Bitcoin / Bitcoin Discussion / Re: Pay for the companionship of a Supermodel with Bitcoin. All Money is Money! on: October 19, 2015, 11:17:34 PM
In this link I can not see any so called Supermodels. May be there are just some good looking girls ; In each country you can see thousands of them in the streets each day  Grin

you are correct i also checked with the site, it is just an another escort service site which has started using bitcoin as their payment method. it is nice to see that escort service is also started with bitcoin, so their are now getting more chances of bitcoin getting accepted with more business.

At least 4 of the girls on the site are famous fashion models. One of them being the Platinum Angel: http://fallenangels.london/models/platinum-angel/

The service is unique in a sense that it only works with perfect 10s!

A good example for a high class london escort is Lana, a 23 year old Serbian seductress. http://fallenangels.london/models/Lana/

MissSilvia, is that your service? Only judging from your name. Cheesy

Anyway... i think, ok, they are supermodels, but they have so few sexual attractiveness. Somehow they miss the roundings of a sexy woman. Though that might only be my preference. Tongue
2399  Bitcoin / Bitcoin Discussion / Re: Pay for the companionship of a Supermodel with Bitcoin. All Money is Money! on: October 19, 2015, 11:14:27 PM
Never heard of a 'travel girl' before. Do they also carry one's luggage between super yachts and negotiate with scummy tuk tuk drivers?

It's another word for a really high class hooker I presume. Great work for the girls if they can get it.

Not necessarely. They don't have sex with you normally. If they do and their bosses find out they might even have to leave the service.

They are only like wearing expensive clothes. You make yourself look better with them. And you are not alone. Maybe even can brag with the great looking girl on your side.
2400  Other / Beginners & Help / Re: I want to store bitcoin in USD without transferring to my bank? on: October 19, 2015, 11:03:33 PM
You might to try Nubits, that i tried already, or BitShares, BitUSD or CoinoUSD on NXT. All these are altcoins that you can withdraw from exchanges and hold them in your own wallet. That way you don't risk that you lose your Dollars when an exchange goes down or get hacked with your coins or fiat in it.
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