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241  Economy / Speculation / Re: China temporarily out of the Bitcoin game? on: April 18, 2015, 05:50:12 AM
http://money.cnn.com/2015/04/15/investing/china-stock-market-bubble/

Would explain a lot, especially since January...

When this money moves back into Bitcoin, we will have a serious bull run.  Smiley
242  Other / Archival / Re: Updated Overview of Bitcointalk Signature-Ad Campaigns on: April 18, 2015, 05:47:36 AM
The link for the April campaign of Bitstarz

https://bitcointalk.org/index.php?topic=1019663.0
243  Economy / Speculation / Re: I'm All In - Sold My House! on: April 18, 2015, 03:04:26 AM
You get it guys, continue dreaming of riches and some day you can tell your story of how magic internet money almost changed the world.

Hope and greed makes the world go around.
There are a lot of people holding on to bitcoins in the belief that a bull run is inevitable.
244  Other / Politics & Society / Re: World Bank Leaving Misery and Distrust in Their Wake on: April 18, 2015, 03:01:34 AM
Well at least World Bank funded projects have some constraints.
If left purely to governments / private players, destruction of the environment/displacement of people would happen on a much larger scale.
245  Bitcoin / Press / [2015-04-16] Reuters: Bitcoin-focused firm rebrands broker-dealer on: April 18, 2015, 02:12:39 AM
Bitcoin-focused firm rebrands broker-dealer for digital currencies

http://www.reuters.com/article/2015/04/16/bitcoin-trading-genesis-idUSL2N0XD14B20150416

Digital Currency Group, a New York-based entity founded by bitcoin advocate Barry Silbert, rebranded its broker-dealer division of SecondMarket Inc specializing in trading virtual currencies including bitcoin, according to a press statement on Thursday.

The Trading Division of SecondMarket Inc is now called Genesis Trading and focuses solely on institutional clients such as hedge funds and alternative asset investors, it said.

The division also carried out trades for more than 800,000 bitcoins worth over $300 million, making the company the bitcoin industry's largest over-the-counter trading desk.
246  Other / Politics & Society / Re: Greedy U.S. companies send jobs overseas, and imports foreign professionals on: April 17, 2015, 12:30:18 AM
It's a global economy. Companies will do whatever it takes to increase their profit margins. If it's less expensive to hire group A than group B, yet the work product is the same, it only makes sense to hire group A. The company which hires group B can't compete.

It is not just increasing profit margins, it might be necessary to outsource to survive.
From the consumer's point of view, when there are 2 identical products, he will just pick the one with the lower cost.
247  Economy / Speculation / Re: Bottom is in at $215 buying like crazy on: April 17, 2015, 12:17:24 AM
Indeed. Indicators are showing bulls are coming in strong. If you don't get loaded right now with BTC you shall meet regret and desperation in the future. Enjoy.

Just like a month or so ago, when everyone was saying we'd blast straight through $300 on the way to the moon?

That might still be the right diagnosis.
The next bull run might be right around the corner.  Smiley
248  Bitcoin / Press / [2015-04-15] Reuters: London stakes its claim as global bitcoin hub on: April 17, 2015, 12:15:25 AM
London stakes its claim as global bitcoin hub

http://www.reuters.com/article/2015/04/15/us-currency-bitcoin-london-insight-idUSKBN0N622320150415

London, center of the $5-trillion-a-day global currency market, now wants to be home to a controversial upstart - bitcoin.

British authorities have come out in support of digital currencies in the name of promoting financial innovation, while proposing that regulations should be drawn up to prevent their use in crime.
249  Other / Politics & Society / Re: World powers, Iran reach framework for nuke deal by June 30 on: April 15, 2015, 12:25:58 AM
I have heard that also israel owns nuclear weapons, but I can't find the article where I have read that thing. Why the "World" isn't worried about israel but it is worried about iran? It doesn't make any sense... Correct me if I am wrong.

According to various estimates, Israel is having somewhere between 50 and 70 nuclear weapons, which were given to them by the United States. But Israel has never conducted non-civilian nuclear experiments. And IMO, it is very unfair to ask Iran to give up their nuclear program, when their main enemy is allowed to keep their dozens of nukes.

In addition, Israel has refused to sign the Non Proliferation Treaty.

Why they haven't signed that treaty?
[/quote]

The reason is it will prevent them from developing nuclear weapons, while giving them access to nuclear technology for civilian purposes.
They don't want that.  Tongue
250  Economy / Speculation / Re: Bottom is in at $215 buying like crazy on: April 15, 2015, 12:22:45 AM
Well I'm sure people are thankful for advice, I was just curious. Like if it hit say $150 would it be good or bad for the bitcoin economy, not for specific investors. Obviously if you bought at 1200 and it was at 150 it would be bad for you, but would it spark more interest for the people who weren't willing to cough up say 250-300 dollars. Sorry if I'm being confusing haha.

If the guy who bought at $1200 holds for a couple of years, you never know.
He might still end up with a decent profit.
251  Economy / Speculation / Re: Support did not hold... But don't panic. on: April 14, 2015, 11:57:03 PM
I'm feeling so bad now. I checked the price is $219 and now it is going to decrease even more.  Cry Fortunately, I have only $6.5 worth bitcoins else it would be a huge loss for me. I'm about to panic now.

I have about $4k in crypto.  Not panicing at all, could go to zero I wouldn't be too upset.

You do have a strong hand. With only a few hundred dollars in Bitcoin, I am a nervous wreck.
252  Economy / Speculation / Re: Do you think 1.00 BTC will worth more than $10,000.00 USD at any time in 2015? on: April 14, 2015, 03:00:23 PM
we must be happy if we see $400 this year it seems. i think it will go down further from current price. bottom might be $200 or maybe just under that.  let's first reach $1000 again before talking about $10000

$200 doesn't seem far now.
There has been a steady downtrend over the past month.
253  Other / Politics & Society / Re: World powers, Iran reach framework for nuke deal by June 30 on: April 14, 2015, 02:54:17 PM
The US has given 0 nuclear warheads to other nations. From time to time, US nuclear warheads have been housed in US military bases located in foreign countries (e.g. Jupiter missiles in Turkey), but always under US control. Israel's nuclear program was self-developed, though with much help from France during the development of their nuclear program:  http://en.wikipedia.org/wiki/Nuclear_weapons_and_Israel#Weapons_production_1966.E2.80.93present

The Israeli nuclear development program is a big myth. The technology was given to them by the USA, the Uranium was given to them by the USA, and even the scientists were provided by the United States
Atomic Energy Commission.

Whether the US gave them the technology or not is debatable, but they definitely have nuclear weapons. Israel is estimated to have between 75-400 nuclear warheads and is the biggest source of instability in the Middle East.
254  Other / Politics & Society / Re: As encryption spreads, U.S. grapples with clash between privacy, security on: April 14, 2015, 07:08:52 AM
Unbelievable, shows the true mindset of intelligence agencies: WE WANT ALL YOUR DATA NOW!!
The more they push this agenda, the more companies are (hopefully) going to develop, and encourage their customers to use, encryption.


People will have to choose one out of two things: Privacy or Security. I will go for Privacy as my personal choice.
Why are we going to be forced to choose when we picked our leaders?
It's time to to elect people of the newer generation to be presidents (the right people though). The old fellows just don't either seem or want to understand.

The problem is people who value privacy are in a minority. It is not important enough an issue to be part of a presidential campaign.
255  Economy / Speculation / Re: the lack of volitility is worrying on: April 14, 2015, 07:06:09 AM
But by bitcoin standards its flat. The chances of a price of around $250 +/- $30 as being some natural equilibrium is highly unlikely - maybe 1 in a 1000?

+- 10% is a huge range. It was close to $300 as of 12-Mar-15 and has lost 20% of its value in a month. I wouldn't call it "flat", even by Bitcoin's standards.  Smiley
256  Economy / Speculation / Re: Hmmm. Something interesting happened last night on: April 14, 2015, 06:56:20 AM
Somebody dumped a shitload of coins on the market last night

Serious question.
Where do people dump these coins?

Especially when they can make more money by selling these coins slowly.
It is a very bad trading strategy, if you ask me.
257  Bitcoin / Press / Re: [2015-04-12] WSJ: Charities Seek Donations in Bitcoin on: April 14, 2015, 06:54:47 AM
Similar, though not identical article in Huffington Post today.

More Charities Are Accepting Bitcoins To Tap Into A Younger Pool Of Donors


http://www.huffingtonpost.com/2015/04/13/charities-accepting-bitcoins_n_7054958.html

Save the Children is thinking ahead when it comes to the ages of its donors -- that's why it decided to go digital.

“We want to remain contemporary and relevant to current and future generations,” Ettore Rossetti, director of social media and digital marketing at the organization, told The Wall Street Journal. “We don’t only want to be your grandmother’s charity, we want to be your grandchild’s charity. One way to do that is to accept Bitcoin.”
258  Economy / Speculation / Re: Hmmm. Something interesting happened last night on: April 13, 2015, 11:58:31 PM
After stability for 3-4 days. woke up to find a sharp drop in the value of bitcoin.
Hope it is not the beginning of another downtrend.  Sad
259  Other / Politics & Society / Re: As encryption spreads, U.S. grapples with clash between privacy, security on: April 12, 2015, 08:13:40 AM
In this globalized world, there will be questions about which government agency. Would an EU company be willing to follow the orders of an US agency? What if there is a clash of laws - EU privacy laws vs US government requests?

Then again, if you have a request from some tin-pot dictator, would you honour it just because it came from a government agency?
260  Other / Politics & Society / Re: Going across borders with....knowledge of a private key? on: April 12, 2015, 08:09:32 AM
You're missing my point entirely, in cryptocurrencies it's all wallet to wallet, transferring Bitcoins is no big deal and already it's being used for remittance because you can avoid the banking system, I know all about capital flight and that's why I'm saying I want to see what they're going to do about people transferring money between computers as opposed to anything to do with the banking system or exchanges.

They can do absolutely nothing about it. They can only prevent people from buying / selling bitcoins at exchanges. They can only hinder adoption of Bitcoin; they can't really restrict its uses / transfer.
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