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2601  Bitcoin / Bitcoin Discussion / Re: Elon Musk is Satoshi Nakamoto on: November 29, 2017, 03:04:23 PM
https://www.bloomberg.com/news/articles/2017-11-28/elon-musk-tweets-to-debunk-speculation-that-he-s-behind-bitcoin
It has been rumored for a while already, but today Elon Musk gave his answer. So, what do you think about it? Could Elon Musk be a Satoshi Nakamoto?

Why are you spreading misinformation? The article is about how Elon IS NOT Satoshi. Yet your thread headline is that Elon IS Satoshi...and in you're commentary you're still pushing that it's possible.

If you don't believe what the article is saying, why don't you share what details seem fake?

Elon Musk was starting Tesla in 2008/2009, do you think he also had time to deploy a project as revolutionary and fragile as Bitcoin? I doubt he is Satoshi, but he could have been part of the original group of Cypherpunks that Satoshi delivered his/her white paper to.

This isn't the first time someone throws out some wild guess to who Satoshi Nakamoto is and it won't be the last either.
It's becoming some sort of tradition to make come out with some far fetched theories about the identity of Satoshi.

list of Possible Satoshis (some have been debunked):

Nick Szabo
Dorian Nakamoto
Hal Finney
Craig Steven Wright
Gavin Andresen
CIA
Elon Musk

And I'm sure there are many more to come...
2602  Alternate cryptocurrencies / Altcoin Discussion / Re: Research Ico on: November 28, 2017, 05:09:09 PM
Well, doing research on ICO's is not that hard, depending on how far you want to go with it.
Just start by using Google and LinkedIn to find more information on the team members, if you find very little to support the claims they've made on their ICO website, I wouldn't trust it.

If you want you can also contact them personally if you want to know more about their project, especially if you're looking to invest a lot of money.
2603  Economy / Gambling discussion / Re: Gambling PRO CON on: November 28, 2017, 01:07:37 PM

And if you become addictive to gambling and try to stop what you do to distact you from gambling ( i really need advice for this one)

I personally don't really have an addictive personality, but I can think of some things that might help prevent you from getting addicted though.
Always take enough long breaks from gambling if you feel that you are playing more than you should, I'm talking about a few weeks or months.

Make a budget before you start playing and hold yourself accountable. If you spend more than you intended, it's time to quit for a few days at least.
If you really can't control yourself, it's time to admit that you need professional help.

You can find many things to distract you from gambling, I think the best thing to do is something active like sports or something done in the outdoors.
If you're physically tired, gambling is not something you think about, at least not for me.
2604  Alternate cryptocurrencies / Altcoin Discussion / Re: What makes a altcoin valuable on: November 27, 2017, 04:37:43 PM
Actual usage of the coin in question is what makes it really valuable, there needs to be demand for it not only by investors but by actual users.
You're saying that you're building a coin based on social sharing. Care to elaborate on that?

Why do you think people need the coin that you're designing? What problem does it solve?
2605  Bitcoin / Bitcoin Discussion / Re: Around 4 Million Bitcoins lost forever!! on: November 27, 2017, 04:14:44 PM
I believe some of the coins are missing as junk. However most of them are holding by only a few hardcore holders to wait for the day when BTC hit USD100,000. And what is the value? It is still have to hook up with fiat?

I don't think that very likely actually, if coins haven't moved since 2011 or 2012, it's hard to believe that someone still has control over the wallet in question.
In the early days of Bitcoin, people didn't mind too much if they lost access to a wallet containing hundreds or thousands of Bitcoins.

You wouldn't mind either if you just lost the equivalent of 10 or 20 dollars.

It's just so unlikely that someone would have been able to hold onto all the coins they had if the price suddenly went up 1000% or more.
2606  Economy / Gambling discussion / Re: Problem Gamblers here who are in Debt ? on: November 27, 2017, 03:58:15 PM
In my younger years of gambling I would spend most of what I had and some. I was always chasing losses. It was hard to change my mindset to you can't win them all and only gamble what I can afford to lose. It took a while to work off debts accrued but at least now I can gamble for fun rather than profit.

I think it's strange (not impossible) that you can basically go from being addicted to gambling to gambling casually.
Once you're a problem gambler, it's so difficult to even quit and nearly impossible to not become addicted again once you start gambling 'for fun' again.

There's a good reason why alcoholics for example need to quit drinking altogether and can't have another drink anymore after they've gone into rehab or whatever.
2607  Economy / Service Discussion / Re: JP Buntinx on: November 27, 2017, 03:34:44 PM
Am I the only person that thinks JP Buntinx is bot and not a real person? I searched and didn’t see any commentary on this forum. I’m pretty sure JP Buntinx is not a real  journalist. Thoughts?

Hello CherrySoda!

Good to see my name being mentioned on this forum, I think... The jury is still out on that one.

I am a very real person and it is the name given to me at birth. I do work for a few different sites and produce an average of 15 pieces of content per day.

That makes me a rarity, granted, but it is how I pay my bills every month Smiley

One thing you are correct on, however, is how I am indeed not a journalist. I never claim to be one either, mind you, as I am a freelance writer.

If I were a journalist, my daily content production would not only be less, but also more boring to both write and read.  That is a matter of personal preference, but it's not something I would pursue personally. As long as my employers are happy, I am happy, and that is all that matters in the end.

You do write for so many different news websites and release articles pretty frequently, so can't really blame people for thinking you're just a copywriting bot Tongue
I guess it can be somewhat seen as a compliment, unless they're talking about the quality of your articles Tongue

I do enjoy reading them myself. 

2608  Bitcoin / Project Development / Re: Can i make a bitcoin news website from Bitcointalk? on: November 27, 2017, 01:58:39 PM
You call that a useful thread? You asked a question that has already been asked a million times and you've put literally zero effort into writing this.
After people responded, you didn't even write a single response. You want to start a news website with that kind of content? Good luck with that!  Roll Eyes


Here's the thread he made:

Will that be an end of bitcoin? If all mining operations becomes illegal all over the world. Why authorities are against bitcoin mining?

Lets discuss

https://bitcointalk.org/index.php?topic=2116980.msg21171154#msg21171154
2609  Economy / Gambling discussion / Re: Bitcoin casino's are the FUTURE! on: November 27, 2017, 01:28:28 PM
Online gambling site is a profitable sector of business, many new sites popping like a mushroom offering a new and better site. its a possibility that offline casino will run out of player because many of them switching to online casino.

Online gambling will probably not replace offline casinos completely, but they are losing a whole lot of customers to online gambling.
It's not like it's a recent thing too, just looked up some articles and found some from as early as 2010, saying that local casinos are having less gamblers due to the increase of popularity of online gambling.

I mean, Vegas will always be a popular destination for gamblers, I doubt that they lose that many revenue because of online casinos, but some of the smaller casino's can't fight the competition.
2610  Economy / Trading Discussion / Re: Which trading platform do you use? on: November 27, 2017, 12:30:25 PM
I use mostly Bittrex and Poloniex for trading, but I never keep any coins on the exchange, when I'm done trading I just withdraw.
Recently Bittrex requested verification to be able to withdraw coins, which is a pretty dumb move in my opinion, but I went ahead and got verified.

Never had any problems like that on Poloniex, but they do have a lot of maintenance on certain of their wallets and their support is pretty slow.
2611  Economy / Gambling / Re: ★Crypto-Games.net ★ 10 coins ★ 7 games ★ Since 2014 ★ Wagering contest! on: November 27, 2017, 12:17:56 PM
You deposit 0.01BTC you withdraw 0.009BTC, do you not have a 10% loss?

But that's usually only when you just leave the fee slider at its default location.
I usually slide it pretty much all the way to the left and pay the lowest possible fee, even then it usually doesn't take too long if there aren't too many unconfirmed transactions on the network.


Yes, I did and I invested previously too.
I'm just saying that's a bit high.

And yes, you do seem defensive, because for example, you're saying I should've read the FAQ as if that has anything to do with anything
I never said I got the fee unexpected, I said it's high.
And you negate the loss of a transaction fee, you assume I'm running a 100 million$ mining farm so I earn my fee back?
A loss is a loss.
Defensive af

Why does the divest fee matter that much? I mean you're not going to make any significant kind of profit anyway in under 21 days anyway.
Investing for less than a month seems pointless anyway.
2612  Bitcoin / Bitcoin Discussion / Re: HODL: You have to wait 30 years for your money on: November 24, 2017, 05:24:30 PM
What's the point of this post? It doesn't take a genius to see that crypto-markets are vastly different to stock indexes.
It clearly wouldn't take as much time to make similar trades with cryptocurrency as it would while trading traditional assets, crypto markets don't even compare to traditional assets in terms of volatility.

Your theory is easily debunked when doing a quick analysis of the Bitcoin historical price charts, even if you had bought just before the worst of Bitcoin price crashes (Mt. Gox fiasco), it would only have taken 4 years to get in profit again.
2613  Alternate cryptocurrencies / Altcoin Discussion / Re: I'll never buy Bitcoin cash on: November 24, 2017, 01:16:08 PM
And Bitcoincash is going back up you guys are really underestimating Bitcoincash. It is like a second bitcoin but the fees are lower and the transaction speed are faster than bitcoin right now.

My friend has 1 bitcoincash from the past so he is lucky because its now worth something.

And what can you do with your Bitcoin cash? Are there any merchants or services that accept it as a payment?
The transaction speed is indeed faster, but it doesn't really matter because most of the blocks mined are empty.

In the meantime we have a transaction backlog due to miners switching from BTC to BCH to mine empty blocks :-/
2614  Bitcoin / Bitcoin Discussion / Re: Bitcoin has lost 55% of its value on: November 24, 2017, 12:20:55 PM
How did it lose this value exactly then? Bitcoin never had a 300bn$ market cap to begin with, so it's incorrect to say that Bitcoin lost 55% of it's value.
You also can't be sure that investments are taken from Bitcoin and made with altcoins instead. You should try to back everything up with some studies or statistics.

Bitcoin's market cap is now at it's highest, you can check the data yourself here: https://coinmarketcap.com/currencies/bitcoin/historical-data/?start=20130428&end=20171124
2615  Economy / Gambling / Re: Investing in btc casinos on: November 24, 2017, 12:04:05 PM
Well I think investing in bitcoin casino's are as good as investing in trading sites.

You mean trading?

Casino investments are more risky than trading because if anyone wins big amount then you may lose a lot of money in casino investments.

I'm not sure if that's completely true though, I think that it hugely depends of the trader and casino in question.

If you're bad at trading, it's much riskier than just investing in a casino bankroll. Some casino's, like Crypto-Games, have made precautions against high rollers winning big amounts.
The maximum wins on each bet are relative to the casino's bankroll. Investors may make a small loss for a couple of days, but in the end they will still make a profit.

With trading it's so easy to make compounded losses because you're doing multiple risky actions each day, increasing the chances of losing.
A good trader may end up in profit over the long term, but someone else may not.

With a good casino investment, profit is guaranteed over the long term.
2616  Other / Off-topic / Re: What are your goals in 2018? on: November 24, 2017, 11:32:23 AM
My goal is to get accepted for a crypto related job, I've already have a position waiting for me at a start-up but still need to wait for them to get additional funding.
If that doesn't pan out, I would be starting my own business, but I'd rather work with crypto instead.

Aside from that, I would like to see a nice profit from all of my investments, which shouldn't be any problem if things keep going as they are now.
2617  Economy / Economics / Re: "Bubbles" Made Bitcoin Stronger on: November 24, 2017, 11:09:57 AM
Well, all these past bubbles have done is prove to people that even after a crash, Bitcoin still has the backing and trust to move back upwards.

The most important bubble was the one after Mt. Gox went down, Bitcoin's value completely crashed and it stayed that way for a couple of months, even more than a year, if I remember correctly.
Prices were constantly hovering around 300 dollars, the huge volatility was also pretty much non-existent for a while.

People who saw that and the subsequent price increase after that must have gained a substantial amount of trust for Bitcoin after that ordeal.

The crashes we've seen this year are peanuts, they barely last a couple of days and are followed by new ATH's.
2618  Economy / Trading Discussion / Re: Suggestion to hypothetical portfolio scenario on: November 23, 2017, 04:45:05 PM
Good day all,

I'm in two minds currently and need someone to soundboard my idea against, what better place than on this forum Cheesy

What would you have done if you were in the following situation, this is obviously all hypothetical.. I'm asking for a friend  Roll Eyes

About 3 months ago you bought a few alts, say XRP, OMG, TRIG, NEO... ABY, SC, NBT etc. Now 3 months ago BTC was around $3200, you bought without putting any stop losses on your investments (noob error I know, I'll tell my friend  Roll Eyes), today you log into your account, BTC is $8200 (more than double) and your alts have bled, bled badly. For example TRIG drop -300%, OMG drop by more than half of the price you bought ect.

The situation does not look that bleak really as the price of Bitcoin more than doubled, so even though your Bitcoin bag almost halved (quantity) the USD equivalent is still stable, meaning your investment in USD was $XYZ, it's still $XYZ, just a fraction less in value... If you withdraw now your initial investment would be save.

Now the reason you entered into alts and traded with BTC as a trading pair was to increase your BTC bag, buy alts low, sell alts high, take profit in means of BTC and thus increase your overall BTC bag (quantity).

Now at this point in time you have 2 options:

Option 1: HODL, hold your alts, ride out the wave, do not sell your alts until they at least break even of make a 5% profit (quantity). This is a long-term choice as it could take months if not years...

Option 2: Sell your alts now, take the BTC loss (quantity) while the alts are bleeding and the streets are running with blood.

Now Option 2 has a A and B section, Section A, reinvest your BTC in alts again while they are in the dip (yes possibly make the same mistake). Section B, keep you BTC in your wallet, with the fork coming in December BTC should just increase...

To hold you alts is the obvious answer (I think), but what if you are itching to trade... Itching to spin the weel again and hope for the best...

Your opinion is much appreciated Wink


Tough one! ha! Anyway, If I own that portfolio, I wouldn't sell anything right now. Why? If I sell those altcoins and buy bitcoins, I would only gain about 20% once bitcoin has reached $10000, and I assume that profit wouldn't even cover your loss. Now, those altcoins would definitely go up next year once the bitcoin price stabilizes. One thing is for sure, people doesn't want their money to be stagnant. So once it happens, people will go back to altcoins and trade...

After you have recovered from your loss, I strongly suggest that you sell those altcoins immediately, then buy bitcoins, and forget about it. Put it in a hard wallet and move on with your life... if you feel the itch of trading, then trade using fresh fiat. That will give you a red light, then take your time, soon the itch will be gone. hahaha!

Take my word, son - there is no other way to get rich in crypto rather than buy bitcoins and HODL! You may hear some genius advice from people telling you how to trade successfully, some will even give you awesome tips... but keep this in your mind, YOU ARE NOT THEM, AND THEY ARE NOT YOU...whatever works for them doesn't mean will work for you.

But one thing is for sure, BTC will keep its price raising every year, and every year... so again, BUY BITCOIN AND FORGET ABOUT IT. cheers.
I think that logic could be a little bit flawed... There is absolutely no guarantee that his portfolio will go up in value next year, like you say.
Altcoins have been doing pretty bad compared to Bitcoin for some time now, who's to say that that will change significantly next year?

I've traded most of my altcoins for Bitcoin and haven't regretted it, though I did so early enough. I think I would still do it in his case, just because I believe more in Bitcoin than in those altcoins.
2619  Economy / Web Wallets / Re: Can't SEND BTC FROM BLOCKCHAIN!!!! on: November 23, 2017, 03:37:12 PM
I think this is something on blockchain.info's end.

Can you try exporting your private key from blockchain.info and import it in a desktop wallet perhaps?
I remember fixing a similar error by importing the wallet into Multibit, but I'm not sure if that's still possible.
2620  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Advisor's Role in an ICO? on: November 23, 2017, 02:20:58 PM
Most people here only seem to be talking about legal advisors, but ICO's usually have advisors for multiple roles.
I'm sure that there's also a need for more tech oriented consultants, they basically make decisions regarding the technical aspects without doing any of the programming themselves.

You could basically work as a consultant for just about every role you could imagine, if there's a need for it.
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