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26901  Bitcoin / Bitcoin Discussion / Re: which takes more transaction fees-paypal or bitcoin? on: February 19, 2016, 09:41:34 AM
From the transactions that I have made involving bitcoin and PayPal, I believe PayPal fees are much higher compared to bitcoin in similar transactions.
Paypal/creditcard gives some fraud protection, which is part of the fee. If you divide the total bitcoin fraud by the total bitcoin transaction volume, you get a much higher "fee".
26902  Other / Off-topic / Re: How many Bitcoins are lost forever? on: February 18, 2016, 06:44:59 PM
Only bitcoins that i have ever lost have been invested in "btc doubler" and didn't received anything back. That was when i just discovered bitcoins.
That's not lost in the sense of this topic. You lost them, but they're not out of the network.
Compare losing a 100 dollar bill to a camp fire, or losing it on the street for someone to find. The latter is what happened to you.
26903  Other / Archival / Re: Should we sell btc? on: February 18, 2016, 06:39:15 PM
I have some (small) buy and sale orders open on kraken.com all the time now. If it goes up enough, I sell some. If it goes down enough, I buy some. Let's call it play money, hoping to get more out than I put in.
The way I set it up I'll either get more bitcoins, or some cash. I can't get less bitcoins than I put in.
26904  Other / Off-topic / Re: How many Bitcoins are lost forever? on: February 18, 2016, 06:29:47 PM
an important part may be lost because some people forgot their keys or from other causes. that makes it even valuable...because from 15 mil. coins probably only 12-13 millions are still active - do you know what will mean to own 1 coin ?  Wink
My question now is: how good/bad is this for Bitcoin? Yes it's value may go up as more coins are lost, but on the other hand it does not inspire confidence to people if your money can be lost this easily!
Just like I once read that fraud should be added to the transaction cost, just like the cost of fraud is included in a credit card fee. If you include this, Bitcoin transactions are much more expensive than conventional banking. If 10-20% of all bitcoins are lost in just 7 years, how likely are you to still have your coins a few decades from now?
26905  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: February 18, 2016, 04:53:13 PM
I bought just 1.8 ETH to try, sold 0.8 at a profit, and now have 1 ETH to hold. It does look promising, but that has been said about so many altcoins.

You have 1 whole ETH?  We got a balla here!
I know I should have gone in much bigger, but that's in retrospect. I just do small buys in altcoins, see how it turns out without risking a lot.
26906  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: February 18, 2016, 01:58:16 PM
I bought just 1.8 ETH to try, sold 0.8 at a profit, and now have 1 ETH to hold. It does look promising, but that has been said about so many altcoins.
26907  Bitcoin / Bitcoin Discussion / Re: What's your biggest problem with Bitcoin on: February 18, 2016, 01:57:01 PM
So far i don't have big problem with bitcoin, the only one my problem is so long waiting confirmation when i transfer something.
This problem is in the design of Bitcoin. I'm familiar with Doge and LTC, both have much faster confirmations.
I don't know if it would be possible to increase the number of blocks in Bitcoin, say from 1 per 10 minutes to 1 per minute on average. That would also increase the number of transactions it can handle, but the block reward must go down with it.
26908  Economy / Gambling discussion / Re: How much BTC have you gambled? on: February 18, 2016, 01:53:52 PM
Question isn't clear? Did you mean total deposit on gambling or total amount of bitcoin wagared?
I was wondering about the same thing Smiley I think I've wagered about 15 bitcoin spread over several accounts. I did win some, I did lose some.
Highest ever loss at once: around 0.08 BTC. Highest ever win: 0.25 BTC (in a contest).
26909  Economy / Speculation / Re: My BTC Prediction for 2016.. on: February 18, 2016, 11:06:59 AM
700$-1700$ nope, 700$ will be max, can't be more  i'm sure about it, it just won't grow  up so fast
History shows you can never be sure about this Wink
I am quite sure though it will be anywhere between $100 and $2000, and with the block reward going down 50% this year, I expect the bitcoin price to go up a bit. Say $600.
26910  Bitcoin / Mining speculation / Re: Why doesn't someone just design a miner, which will ROI and profit in a year? on: February 18, 2016, 11:03:49 AM
If it's profitable, sales go up, difficulty goes up, and ROI takes more than a year. The whole mining business is a race against the competition.
In the end, it takes more computating power to find the next block, while by design on average only one block is found every 10 minutes. So you can never guarantee ROI to be a year.
26911  Economy / Scam Accusations / Re: Rollin.io is a scam site on: February 17, 2016, 01:26:04 PM
rollin io is scam?
No Smiley
26912  Other / Politics & Society / Re: Is Islam a religion of Peace? on: February 17, 2016, 10:06:11 AM
Yes but today science has evolved as much, natural things like thunderstorm, solar and lunar eclipse and all of those things could be explained by science, so today to kill someone for religion is stupid. You can't compare humanity of today with the humanity of a couple hundred plus years ago...
Religion has nothing to do with science though... Religion now is exactly the same as it was 1000 years ago.
26913  Economy / Scam Accusations / Re: Rollin.io is a scam site on: February 17, 2016, 10:04:08 AM
Here is a link...this was from today... http://postimg.org/image/5bqnme7w1/
were going to start here
You're a funny guy... always complaining and always coming back to the site. Having a gambling problem doesn't make the casino a scam.
26914  Economy / Gambling / Re: www.chopcoin.io - The new interactive Bitcoin game! on: February 16, 2016, 08:14:40 PM
We added over 170 new colors. So the chance to get same color is not that high anymore Smiley if you want to be your own you can get your personal skin.
I should have tried before typing Cheesy
Skins won't help, as I disabled it for performance reasons.
26915  Economy / Gambling / Re: www.chopcoin.io - The new interactive Bitcoin game! on: February 16, 2016, 08:12:25 PM
I have a request: is it possible to give my own blobs a unique color that does not change (for me)? It's fine to see other colors for other people, and changing them all the time is fine too, but changing my color too gets confusing sometimes. For example, I was red with more than 10 blobs, someone else was red too and came in for the attack. It's virtually impossible to keep track of who-is-who in that case.
If I could be red, and all the other users keep changing colors to anything-but-red, that would be perfect!

Edit: I see names are back, in that case it doesn't matter anymore Smiley
26916  Economy / Scam Accusations / Re: BitGold.com IS COMPLETELY SCAM on: February 16, 2016, 07:35:40 PM
If so does anyone know which laws are causing the restriction?
I think it has to do with taxes, I found on Google there is for example a 28% capital gain tax on gold in the USA.
Forbes explains why gold and silver coins are not used to pay:
Quote
There are a number of reasons, but let’s focus on one: the capital gains tax. The Fed debases the dollar, but of course not gold and silver. As the dollar falls, the prices of the metals rise. The government treats this as a “gain” and upon sale of the metal, levies a tax on it. If the dollar loses half its value, then the gold price will double, say from $1,400 to $2,800. The government takes 28 percent of this difference, or about $400. The only way to avoid this tax is by not selling. Thus gold and silver are best suited to long-term preservation of wealth: hoarding.
26917  Other / Politics & Society / Re: Is Islam a religion of Peace? on: February 16, 2016, 07:21:15 PM
or
maybe it means: It will be peace once everyone submits to it.  I think maybe that is the true meaning of this phrase.
Aren't they also killing their own, because they believe a fraction different than the rest? Lovely peace they have!
26918  Economy / Scam Accusations / Re: Rollin.io is a scam site on: February 16, 2016, 07:18:47 PM
Rollin.io is a rigged and scam site, their provably fair system is fake and rigged
If that would be true, you could prove that, which is exactly the what provably fair means. But you can't, otherwise you would have done that already.

Guys... It's called gambling for a reason! Losing doesn't mean it's a scam, and provably fair doesn't mean you can't lose.
26919  Economy / Scam Accusations / Re: Rollin.io is a scam !/? on: February 16, 2016, 07:15:19 PM
You're saying you'll finally provide some evidence?
26920  Economy / Trading Discussion / Re: Tips for local transactions on: February 16, 2016, 06:24:43 PM
Thumbs up for this! a thread that is helpful in local transactions, I think the first thing a person to do if he/she
is the buyer is look for the level of trust of the vendor, the vendor should do the same as well, they both need
witness or a bodyguard if the going get tough! that is  Grin
You make it sound like a mob-deal, where both parties bring 12 armed guys and in the end everybody ends up dead.

I haven't sold bitcoin in person (yet), but I did sell and buy lots of items online, for instance laptops and tablets. Usually at my house, or the other person's house. But I've also met in person in-between so we both didn't travel too much, selling stuff in a car. Not in a dark alley of course.
Although bitcoin is not much different than cash when it comes to the risk of getting robbed, it does give me a more "shady" feeling to do the same sale for bitcoin. Maybe it's only in my mind.
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