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2801  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: June 03, 2016, 05:34:55 PM
To be honest I am not quite sure if any English team will reach the semi-finals at all in the next Champions league tourney. The English teams have quality footballers for the PL but they somehow manage to fail miserably in any international tournaments. I don't know why this is happening but I doubt it that bringing in established managers like Pep or Mourinho means that the teams will start winning again right off the bat. Firstly the coaches will need to get rid of the old players and get some new blood to be competitive again on the European football scene.
2802  Economy / Gambling discussion / Re: Do you play from mobile or computer ? on: June 03, 2016, 05:15:08 PM
I am mostly betting on sports nowadays and because I am out and about during the day I usually bet and check the results of the games on my mobile devices. I used to play poker on my phone but the screen was too tiny and I didn't like it. Now I am carrying a tablet in my backpack almost all the time so it's easier for me to take it out and do my business on it rather than fiddling with my cellphone due to the smaller screen. But I like it the most when I am home resting and betting on my widescreen monitors because I can have multiple tabs open on my browser checking statistics and shopping for odds and stuff. Nothing beats a high quality monitor  Wink
2803  Bitcoin / Bitcoin Discussion / Re: Halving is a profitable??? on: June 03, 2016, 03:11:33 PM
miner will says No.
maybe miner will sell his antminer Roll Eyes

It depends on the bitcoin price. If the price doubles after the halving, and the difficulty does not rise, the profitability is the same.

Yup I second this. I am expecting that a lot of smaller-scale Bitcoin miners will just give up and leave the mining scene after the halving hits and this will ultimately bring the difficulty down due to fewer bigger-scale miners remaining and if the price really increases by a nice percentage this would probably make for an equal or nearly similar profitability like before the halving has commenced. The price is at $560 today. So this is like a 25% increase pre-halving. I think we are getting there guys and we still have a lot of time  Cheesy
2804  Bitcoin / Bitcoin Discussion / Re: How police think about Bitcoin enthusiasts ? on: June 03, 2016, 02:33:08 PM
If someone is trading huge amounts of Bitcoins on a daily basis that will certainly raise some red flags for the police and they will probably put the traders under surveillance so as to determine the source of the funds and if the money was obtained legally in the jurisdiction the suspects are in but I don't think this would automatically make any high-profile Bitcoin enthusiast a criminal. Actually there are special police departments that investigate cyber crime and digital heists and fraudsters so they are probably very well aware of the current criminal cases on the Bitcoin scene. The lower-level policemen wouldn't understand how Bitcoin works and they shouldn't be investigating things they don't know anything about because that is just preposterous  Wink
2805  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin trusted to put your real money on: June 03, 2016, 02:07:46 PM
If you would like to invest into Bitcoin as in buying coins and holding them waiting for the price to increase in the future and making a profit off that, I don't see anything wrong and actually I am doing the same right now - buying and holding. I don't think investing in stocks or precious metals like gold or silver will yield you higher profits in the long run while with Bitcoin, even though very volatile, you have a higher chance of getting a bigger return. I am not saying that you have to trust Bitcoin because times and markets change and nothing will be the same forever, but as of right now Bitcoin can yield you massive profits in the shortest time possible. However my advice is to only invest money you are comfortable losing.
2806  Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin? on: June 03, 2016, 01:51:56 PM
hmmm, maybe because people are afraid with bitcoin fraud until they leave bitcoin

Mostly that or they simply don't understand how to use Bitcoin and are not interested into learning about this wonderful new technology and what benefits it might have for them. Negative news about Bitcoin and especially the correlation between the deepweb illegal markets and Bitcoin being the major payment method there could make some people believe that Bitcoin is primarily used for buying drugs, guns and whatnot while the truth is far from that. I have also met people who believe that Bitcoin is fake money created over the Internet. I think the biggest stopping points are negativity and ignorance of people.
2807  Bitcoin / Bitcoin Discussion / Re: Where and how much bitcoin you spent today? on: June 03, 2016, 01:18:26 PM
Well today I converted 0.1BTC Bitcoin into fiat to buy the Overwatch game. Some friends of mine are playing the game which is very fun and if you have played Team Fortress 2 before it's like a spiritual successor for that game. But unfortunately being a Blizzard game it's not listed on Steam so I had to use Bitcoin indirectly while purchasing it but I hope Blizzard will offer Bitcoin payment options in the future for their Battle.net platform. I highly recommend this game if you are looking for an entertaining team shooter for the summer break.
2808  Bitcoin / Bitcoin Discussion / Re: Bitcoin Jobs on: June 03, 2016, 12:58:28 PM
Hey guys if you have any skills related to programming or Blockchain technology or journalism or anything else related to the Bitcoin industry you could check out this website https://angel.co/bitcoin/jobs. There are 18,264 Bitcoin startup firms offering different kind of jobs and the salaries look very attractive as well. You should definitely browse through the positions if you are pursuing a career in the Bitcoin industry.
2809  Economy / Gambling discussion / Re: International Games Prediction Thread on: May 31, 2016, 04:34:02 PM
Hello guys I have some picks that I would like to share with you today. They are kinda quite risky but the odds are really nice so I am hoping today will be underdogs' day so let's keep our fingers crossed  Grin I am playing these in a parlay but you could place them as single bets as well where you see fit. Good luck tonight and have fun everyone with your bets  Cool

Israel v Serbia
Match: Israel +1
1.984 (-102)

Nigeria v Luxembourg
Match: Luxembourg +1
2.033 (+103)

Belarus v Republic of Ireland
Match: over 1.5
1.448 (-223)

Also some alternative bets for the first half of the games:

Nigeria v Luxembourg
1st Half: Luxembourg +0.5
1.778 (-129)

Israel v Serbia
1st Half: Israel +0.5
1.754 (-133)
2810  Bitcoin / Bitcoin Discussion / Re: Most trusted and reliable bitcoin exchanges on: May 31, 2016, 03:07:15 PM
After the latest inside job of the ShapeShift 'hack' I would be very cautious with any Bitcoin exchange I am using. I keep hearing bad stuff about Coinbase as well and it is considered to be one of the most trusted and secure exchanges by many. Unless the Bitcoin exchanges are regulated and prosecuted by the government for any losses of customers' money they would be liable for in the event of a hack, I don't think we can blindly trust any exchange to hold all our coins because their word to keep our money safe is not backed up by anything. Then when the funds go missing in some 'hacker's' wallet you are left with nothing because Bitcoin is non-reversible.
2811  Bitcoin / Bitcoin Discussion / Re: "If" Bitcoin as scam on: May 31, 2016, 02:39:54 PM
I don't think the creator of Bitcoin will ever declare Bitcoin to be a scam. Whoever Satoshi Nakamoto is - be it a group or a single individual - can't control what is happening to the crypto coin now as it's a decentralized network that is being supported by people all over the world running nodes. So if people had thought that Bitcoin could be a scam no one would have participated in keeping the network alive. Bitcoin is a commodity and everyone is buying, selling and mining it voluntarily and unlike Ponzi schemes and HYIP's no one is in control of what is going on with your money. Satoshi might say that Bitcoin is a failed experiment (highly unlikely as it has been working fine till now) but never a scam because no one is getting scammed here right?
2812  Bitcoin / Bitcoin Discussion / Re: What percentage of assets should be in Bitcoin? on: May 31, 2016, 12:24:09 PM
I don't think anyone could give you a correct answer to your question because everyone's money situation is different and also the lifestyle and priorities in life are not the same from individual to individual so there is no 'one suggestion fits all' solution here. I think you should invest only as much as you are comfortable losing because investing in Bitcoin assets is a risky business and things could turn south real fast so be prepared to win or lose money very often. However I am not a financial expert to give you sound suggestions but I would like to say that you shouldn't rely completely on one thing and it's better to diversify your investment portfolio.
2813  Economy / Exchanges / Re: Bitcoin Debit Cards on: May 31, 2016, 11:25:06 AM
Bitcoin debit cards would allow you to spend your Bitcoins basically anywhere both online and offline where Visa and MasterCard cards are accepted at an increased cost though because Bitcoin debit cards usually have higher fees than bank-issued debit cards. But if convenience is what you are looking for go for it I guess. Also you would be able to withdraw cash via ATM's without the need for a bank account which is a big plus in some places of residence. If I were you I would carefully look into the advantages and disadvantages of Bitcoin debit cards and compare them to other methods of exchanging and withdrawing Bitcoins before making a decision.
2814  Bitcoin / Bitcoin Discussion / Re: Why is Amazon.com still resisting the use of BTC for payment? on: May 31, 2016, 10:21:43 AM
Perhaps the Amazon market specialists have analyzed the Bitcoin market and found out that the demand for Bitcoin payment options wasn't that high so there wouldn't be a reason to implement Bitcoin payments right now because that wouldn't affect their revenue stream much if at all. If the Amazon customers had clearly demanded that Amazon should add Bitcoin to the platform and the transactions would account for a substantial amount of their revenue I am pretty sure Amazon would have done this already.
2815  Economy / Speculation / Re: My thoughts on BTC halving on: May 31, 2016, 10:04:34 AM
The halving will surely affect the demand and supply chain of Bitcoin but I think the major factor for the imminent price increase will be the Bitcoin users themselves. If they keep their coins in their cold storage devices and don't spend anything just holding for the future this will create a demand for more coins and coupled with the halved block rewards it will push this demand even further. Bitcoin, at the moment, is used more as a store of value than as a digital currency in my opinion. Once people start spending their coins the price will start to decrease because there will be more coins flooding the market. The Bitcoin bubble won't burst unless people stop buying in and start selling off. Just my 2 cents on the matter.
2816  Bitcoin / Bitcoin Discussion / Re: Kaspersky Labs: Bitcoin Involved in only 3% of All Online Scams on: May 31, 2016, 09:34:02 AM
I think it's easier for the scammers and phishers to spam the inboxes of people with fake emails designed to trick them into typing in their login credentials than trying to steal their Bitcoin wallets. However I have seen some rogue sites pretending to be a legit copy of the Blockchain wallet website that appeared on top of the search results so I urge everyone to double-check and even triple-check the URL before logging in to their online wallets because the scammers are coming out with clever ideas to steal your hard-earned money every day. Also don't download shady stuff from the Internet because it could contain malicious code like the ransomware stuff and more  Wink
2817  Economy / Gambling discussion / Re: Euro 2016 on: May 31, 2016, 09:14:13 AM
My favorite team to win the Euro 2016 trophy is Germany. France has a very good squad and they are the hosts of the tournament but I think Germany will have the tenacity to win it all because they have a lot more experience having played decisive games in international competitions plus they won the world cup in Brazil as well. Some teams other than France that could reach the semi-finals and the final are Spain, England, Croatia and Belgium. The Spaniards can always pull a surprise and I am looking forward to watching their matches, too  Wink
2818  Economy / Gambling discussion / Re: Gambling with the Price Changes? on: May 31, 2016, 08:55:41 AM
When the price of Bitcoin increases I try to lower my stake amounts accordingly to my bankroll management and the current value so that I do not overspend by betting the same amounts I did prior to the increase. Also if the minimum bet of 1mbtc seems too high at times I usually convert some of my Bitcoins to alt coins and bet with them because of the lower denomination of those coins like Dogecoin for example.
2819  Bitcoin / Bitcoin Discussion / Re: Do you like to hoard your BTC or spend it? on: May 30, 2016, 11:30:39 AM
Well I am trying to save my Bitcoins and only touch them if I have found something very attractive that comes with a big discount which I can buy with Bitcoin. For everything else I am using fiat money from my salary. Bitcoin would make for a great digital currency but unfortunately with the big price swings and its volatile nature people prefer to use it as a store of value due to the great potential for easy profit. I am not hard-pressed to spend my Bitcoins right now so I prefer to hoard but I will not be holding them forever.
2820  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: May 30, 2016, 09:51:05 AM
$520 seems like the new floor.

I think it's more likely that $530 is the new floor as the price touched $365 yesterday I think and it has gone down since then but it seems to be hovering around the $535 mark as of now. I thought we would have at least $550 today but unfortunately the pump has stopped. Do you think this is a normal correction of the price factoring in the upcoming halving or is it just a common pump and dump on a smaller scale? I think the real pump hasn't started yet as there is still more than a month until the halving.
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