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2541  Bitcoin / Bitcoin Discussion / Re: chief economist Bank of England: we need adopt a digital currency like Bitcoin on: September 20, 2015, 07:25:00 PM
Bank of England's chief economist says we may need to cut interest rates even further and adopt a digital currency like Bitcoin.

http://citywire.co.uk/money/uk-could-adopt-bitcoin-with-negative-interest-rates/a843076

This is a sign that digital currency mainstream adoption is being consolidated. But once the governments start to use digital currencies won't they make their own digital currency instead of adopting bitcoin?
2542  Bitcoin / Bitcoin Discussion / Re: Do you think the use of Bitcoin is kind of complicate? on: September 20, 2015, 07:19:30 PM
Vinny Lingham said, in Consesus 2015, the following phrase:
 " If you don't simplify the use of bitcoin, why would people want to use it as a currency?

What do you think about that, check the whole article in the following link:
http://www.coindesk.com/trust-law-enforcement-and-killer-apps-consensus-2015-morning-sessions/

I completely agree! But as a new technology as it is bitcoin is still being developed and everyday we see new app coming out trying to simplify the use of digital currencies. bitcoin is much more easy to use now than it was 5 years ago.
2543  Economy / Economics / Re: Time Republik ,Time banking and the sharing economy on: September 20, 2015, 07:16:44 PM
There is the issue of tools and capital.

Person A takes 8 hours to dig a trench with a shovel.
Person B takes 8 minutes to dig the same trench with a backhoe.

How much do you pay Person A? How much do you pay Person B?



There is the issue of expertise.

Person C can sew a dress in 1 hour.
Person C's 8 year old daughter can sew that same dress in 8 hours.

How much do you pay Person C? How much do you pay the daughter?


I guess it would be necessary to pre-establish a standard pay for each service according to experience level. You would pay to the Person C the Senior price while for the person C's daughter you would pay as if it was a novice. The same as you would if you wanted to hire someone according to experience and performance.
2544  Bitcoin / Press / [2015-09-20]US Government Trading Commission Recognizes Bitcoin as a Commodity on: September 20, 2015, 05:08:03 PM
US Government Trading Commission Recognizes Bitcoin as a Commodity

Much like gold, oil, or soybeans, Bitcoin is now officially considered a commodity. The agency that regulates the US commodity trading market, the Commodity...

Read more:

http://www.newsbtc.com/2015/09/18/us-government-trading-commission-recognizes-bitcoin-as-a-commodity/
2545  Economy / Gambling / Re: If i had enough money i would sue Bitcointalk.org on: September 18, 2015, 06:43:16 PM

Why do i think bitcointalk is the reason:

Cause they DONT review these random Sites And all they care about is money from ADS and other Things.

And if i know where the owner of this site lives i would take his life  Angry  and all other gambling site owners ,.

If you are going to reply to say if you win you wont open a thread , well geuss what ive never win MOTHERFUCKER.

Now lets listen for Shit greedy Evil Replies  Angry But np JUST WAIT.

If you bothered to read through the threads you could have find information that would have prevented you to join scam sites. the forum does not make reviews, members are the ones who comment and give their appreciation so you should have read through the threads...
Other than this, Bitcointalk did not give you any advice saying you should gamble; you started to gamble for yourself. Now... if you have some issues with gambling or becoming an addict, that's not the forum's fault, that's your freaking problem.

You should go and get some help from the Gamblers Anonymous.
2546  Economy / Economics / Re: Time Republik ,Time banking and the sharing economy on: September 18, 2015, 02:40:42 PM
Its really a great idea.
But the question is.. How do I make money?

The whole idea of the project is to take the notion of money out! Instead, it seems to me they present a new concept where you can earn credits based on an hour in exchange for your services. It means that the user can effectively generate value simply by offering his services online. time will serve as the main base to do this accounting (1Hour). The basic idea behind it is to create a community economy based on hours of one's time, rather than a national currency. Users of the system would earn time credits by offering their services to the community, and spend those credits with anyone else on the system by paying for their services. And this would only work to be mainly used for services, rather than goods.

So, in a way you will be able to generate value.

How can you expect someone to do a job without an exchange of money?
I understand the system and its really cool for me, but....
people need money, people sell their time for money...
it will only work if you can pay your food with your time.
And I'm afraid it wont work this time.

Well, the proposal talks about using tokenization to solve that same issue!
There is an immense potential with using Blockchain verified tokens as a mechanism to transform the value that the user generates. Ithe idea is already there; it just needs to be discussed and developed.
2547  Bitcoin / Press / [2015-09-18]Bitcoin Dealer Conducts Bitcoin Seminars for Cops on: September 18, 2015, 02:53:46 AM
Bitcoin Dealer Will Conduct Seminars about Bitcoin for Law Enforcement and Financial Professionals

Pascal Reid, a Bitcoin dealer was accused of money laundering after selling bitcoins to an undercover agent. Now, in exchange for a reduced charge, he has...

Read more:

http://www.newsbtc.com/2015/09/18/bitcoin-dealer-will-conduct-seminars-about-bitcoin-for-law-enforcement-and-financial-professionals/
2548  Economy / Services / Re: Coinoindex.com - Signature Campaign! [FULL] on: September 17, 2015, 01:55:39 PM
I haven't got payment yet! The payment is normally made on Wednesdays like a clock. I'm finding it strange I haven't received payment yet! did you all receive payment?
2549  Economy / Gambling discussion / Re: EuroBasket 2015 on: September 16, 2015, 09:31:46 PM
A good time to make some bets. I think France is the favorite, but probably will not be the winner. However, I'm guessing they will have some advantages in some of the games... so, good chance to profit with some bets.
2550  Alternate cryptocurrencies / Altcoin Discussion / Re: The state of crypto - The only serious thread on the subforum on: September 16, 2015, 09:29:10 PM
Great thread!

Pretty informative and it reveals a new forward thinking about cryptos and its impact. I really enjoyed your appreciation.
2551  Alternate cryptocurrencies / Altcoin Discussion / Re: Opinion on Ethereum a month after. on: September 16, 2015, 09:26:10 PM
I guess that Ethereum is the first of its kind and may be the substitute for Bitcoin. However, there are a lot of copycats coming in with extra new features that may overcome the Ethereum proposal.
2552  Bitcoin / Bitcoin Discussion / Re: Is there a way to earn at least $1 in BTC per hour? on: September 16, 2015, 09:21:03 PM
Yep you can invest a good amount of money to buy BTC and then you could start mining with a large amount while trading your GHS
2553  Other / Beginners & Help / Re: [EDU] Bitcoin Beginners Guide on: September 16, 2015, 09:19:28 PM
Great guide! You sure did a good job with it!

A good contribution for newbies. But nothing like experience to learn.
2554  Other / Beginners & Help / Re: POW, POS, ICO and RoS on: September 16, 2015, 09:16:45 PM
There are several projects introducing new concepts to mining. Take it as example Wankcoin with proof of wank and Geocoin with geopositioning proof...
there are other concepts such as Proof of participation, Proof of existence
2555  Other / Beginners & Help / Re: [CATALOG] Good websites to Invest My Bitcoins? on: September 16, 2015, 09:12:14 PM
I don't know if its ok but I guess you should also add Zeusminer to your cloud mining catalog. Zeusminer is a trustable company as well.
2556  Economy / Service Announcements / Re: Trade Forex, Indices, Commodities, and more using bitcoin - Up to 500x leverage on: September 16, 2015, 09:09:36 PM
Now is a really good time to use your BTC to get your forex, index, and commodities positions ready for the FOMC rate decision tomorrow! There's a lot of money to be made at times like this.

Click here to check the site out now!

The world economy is going through a negative scenario. commodities are one of the best ways we can choose to protect our savings, especially gold. Bitcoin came to change all this. Bitcoin can be used to protect savings in the events of capital control. it can even be far better than Gold since it surpasses physical boundaries. So, in a way BTC could also be traded as a commodity.
2557  Economy / Trading Discussion / Re: Bitcoin trading on Zulutrade Social Trading platform on: September 16, 2015, 08:41:54 PM
Hello everyone   Smiley

I have recently discovered that the auto trading platform Zulutrade has included Bitcoin speculation for Binary Options traders.

List of BO traders who have already engagded in Bitcoin trading.


http://bitcoin.zulutrade.com/binary-trader/1015

http://bitcoin.zulutrade.com/binary-trader/10

http://bitcoin.zulutrade.com/binary-trader/1010

http://bitcoin.zulutrade.com/binary-trader/211

What is social trading ?

There are traders with records, and when you open an account you can follow your chosen traders and have their same exact trades applied to your account.


Actually some followers seem to have it good ! Forex followers seem to make more money, may be because Binary Options were introduced only lately.

Binary Trading Followers
Forex Trading Followers

What are Binary Options ?

Binary Options are a trading and speculation instrument employed in regulated markets for a long time as at Chicago Board Options Exchange CBOE website., and nowadays many trading platforms allow trading BOs even social trading ones like Zulutrade.

Basically you bet on the rise of a security with a CALL option.

And you bet on the decrease of a security with a PUT option.

Wikipedia article on BOs https://en.wikipedia.org/wiki/Binary_option

Opening BTC accounts

Opening Bitcoin accounts with bitcoin depoists is not available for now, I think it would be a nice addition if they do.


Regards

===================================================
Update

After a few weeks I checked the Binary Options tab (logged in as a signal provider and as a trader) and the Bitcoin (Bitstamp) ticker had vanished, they used to get the quotes from Bitstamp as it shows on the trading statements of the mentioned traders.



This looks interesting. It seems at least to be useful for someone who does trade as business. whats the minimum deposit a new participant have to invest with this site?
2558  Bitcoin / Press / [2015-09-16]LZF Drops New York and Legally Launches in all Other 49 States on: September 16, 2015, 06:44:48 PM
Laissez Faire (LZF) Exchange Drops New York and Legally Launches in all Other 49 States

LZF becomes the first digital currency exchange to legally launch its services across 49 states by complying with the financial regulations of each state. The exchange decided to...

Read more:

http://www.newsbtc.com/2015/09/16/laissez-faire-lzf-exchange-drops-new-york-and-legally-launches-in-all-other-49-states/
2559  Economy / Economics / Re: Time Republik ,Time banking and the sharing economy on: September 16, 2015, 06:01:05 PM
Its really a great idea.
But the question is.. How do I make money?

The whole idea of the project is to take the notion of money out! Instead, it seems to me they present a new concept where you can earn credits based on an hour in exchange for your services. It means that the user can effectively generate value simply by offering his services online. time will serve as the main base to do this accounting (1Hour). The basic idea behind it is to create a community economy based on hours of one's time, rather than a national currency. Users of the system would earn time credits by offering their services to the community, and spend those credits with anyone else on the system by paying for their services. And this would only work to be mainly used for services, rather than goods.

So, in a way you will be able to generate value.
2560  Economy / Trading Discussion / Re: Arbitrage Possible with bitcoins? on: September 16, 2015, 03:07:38 PM
Hey guys i want to know if anyone ever done arbitrage with bitcoins and is it possible now?
Arbitrage opportunity are very hard to find but it's always better then simple trading so please give me some tips how can i look for arbitrage sites and opportunities?  Smiley

Arbitrage trading with BTC is very profitable if you can execute trades very fast. to positively execute arbitrage trading with BTC you will need to stay on the price in different exchanges. here you have a tool that can help you a lot:

http://bitcoin-analytics.com/
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