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3141  Economy / Speculation / Re: Value of Bitcoin will go down on: March 29, 2014, 01:31:31 AM
Bitcoin will hit 800 by easter and 2k to 5k by 2013. After al the bad news and attacks i say bitcoins holding up well

You mean 2 to 5k by 2015 I guess; Bitcoin is holding pretty well bc there are a lot of new investors + adoption is growing but we have not seen the end of the downtrend yet or at least we don't know if we have seen it

When the dust settles down we may see a huge and quick bull market and everyone will be happy except those who were only in fiat
3142  Economy / Marketplace / Re: Overview of Signature-Ad Campaigns on: March 29, 2014, 01:28:06 AM
Now we can talk about as bitcoin going down if its touch 400$ then these OP's going to raise rate or no
  Well bitcoin price might go up too. Should they lower the stakes when it will hit 700 $?
Answering your question with a question :-)

I think they will consider lowering the rate if the price goes back to 800$ for more than 2weeks and they will increase the rates if the price goes as low as 400$ for 2weeks but right now the price didn't go down that much in a month, they are not going to increase the rates by 17.876%, are they?

No you are not right. I was a sigseller when price was ~700$ and I was getting same stake as I am getting now.

Perhaps IF bitcoin price will go very high they will need to lower it ... but for now I think nothing will change.



The prices have been raised for Sr and Hero and it may have to do a bit with the fact that btc price is lower, members get 0.0003 with RGC which was what you were getting with PD when you had a bigger sig so it is the same as a rate increase

When the price goes up, the rates go down as well; we can just grab what we can to accumulate small amounts of btc while advertising a casino or an other btc business
3143  Economy / Economics / Re: Worst bitcoin decision you've ever made? on: March 29, 2014, 01:18:16 AM
I'm buying Bitcoin now, so I won't have to go back to this thread in a few months to say I did not buy in March's <500$ dip Cheesy

500$ seems like a good price in a long term perspective even if we go down some more; that is why a lot of people are buying now, as much as people are selling Wink

I am sending some money to an exchange to buy a little bit myself, for my retirement Grin
3144  Economy / Speculation / Re: $300 or $800 next? on: March 29, 2014, 01:16:34 AM


$400 is down well over 50%, so much of the danger is gone.
A chart like that sure makes it look like it could go either way.

It can go either way; there is a lot of support below 500$ so I wouldn't bet on 400$ but it is possible; once a few support are broken it can go down sharply finding a new support

All this drama, all this negativity will stop and the price will spike up
3145  Local / Économie et spéculation / Re: Le prix du bitcoin ne cesse de chuter depuis quelque jours... on: March 29, 2014, 01:14:13 AM

Oui il y a bcp de traders amateurs, d'amateurs non traders qui peuvent envoyer et vendre leurs btc vers un échange en qq minutes

Personnellement, mon avis sur Bitcoin n'a pas changé dans une perspective long terme mais je ne sais pas si le prix va tomber plus bas, probablement que oui; je continue à essayer d'acheter ce que je peux pour accumuler un peu de btc avant que le prix n'explose quand tout le monde se rendra compte que la crise aux usa et en Europe n'est pas fini, les gouvernements ont juste acheter du temps qui nous coutera très cher
3146  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2014, 01:11:40 AM
...
Is the news bogus? There is certainly reason to believe it may not be.

Some reason more significant than repeats of a single article that contained no proof or references?

It wasn't a single article and it was also reported by one of the most respected news sources in China.

More respected than Newsweek? Please.

Tv in China is watch by hundreds of millions of people and articles are read by hundreds of millions of people as well

There is 1B of people in America and 4 in Asia...The center of the world is already Asia and it will be even more Asia as time pass by in the 21th century
3147  Economy / Economics / Re: New IRS rules for BTC as related to US Tax payers on: March 29, 2014, 01:09:13 AM
Its not even legal tender so the merchant would have to convert back to fiat anyways. If they need fiat to operate their business

The easiest way to do this is through a service similar to credit or debit cards.   Isn't there some service for this already?

Its a pain to use bitcoins currency.   No different if you work for dollars then instead of a checking account you buy gold.  When you need dollars you sell that gold back to dollars to make purchases



Right but the goal of bitcoin is to be a global currency, not a commodity. It will never see widespread adoption if the consumer has to worry about tracking the price a BTC was bought for vs the price it is selling for when he goes to use said BTC in a transaction with a merchant. Imagine if every time you spent a dollar, you might be liable for capital gains tax because that dollar increased in value since you acquired it. It's not feasible.

I agree w you.   If they designed it as a curency then people would use it as such.  But they designed it like a commodity and so no wonder it attracts speculators.   IRS has to treat is as commodity due to current laws.  Even as currency it can only exchange amongst an internal group like funny money in strip clubs or poker chips in casinos.  Even those money are backed by the issuer.  Who is backing bitcoin?    I think it near impossible to invent a currency to compete or supplant w fiat like USD.   Especially one with a political agenda which most people disagree with.  The designers didn't really consider the economic reason for Central Banks or elasticity of money.  



I think Bitcoin can success even if it is not a global currency, it can success as a global commodity that you can keep without third party risk, you can exchange it easily and you buy quite a number of things with it

When you buy something with it you do have to consider capital gains in the states but not everybody lives in the states and I think it is not such a set back in a long term perspective
3148  Economy / Gambling / Re: SealsWithClubs.eu | Largest Bitcoin Poker Site | No Banking | Fast Cashouts on: March 29, 2014, 12:57:23 AM
I have start playing on SwC bc I heard players are bad here but I must have read blogs from a long time ago bc I find players to be quite good, it is not 2006-2009 anymore it feels like everyone knows how to play

I may be the fish in the water now
3149  Economy / Services / Re: [PrimeDice] [Highest Paid Signature] Earn up to 2.4 BTC/Month by Posting on: March 29, 2014, 12:56:01 AM
Because of the same reason why rates droppend when the price rised Wink
But also because more coins are wagered when the price is low, thus they have a bigger budget to spend.
I would like to know from online casino owners that does the rise and fall of bitcoin really effect that much in wagered coins, I know it will effect but only if the rise or fall is of over 300$ .. because its normal with bitcoin to bounce in between 200$window..! but I would like to hear from owners how much does it really effect because if the wagered amount really go up then the rates should be modified.

I'm sure it does...if one BTC is $300...some people may be willing to gamble 1BTC, if the value is $1000, then less people will be willing to risk 1BTC
The the problem is the price fluctuates from 700$ to 500$ within less 25days.. and it happens almost every month..! and we never know if it is at 500$ at the start of a month it may end up at 200$ or 800$ we never know.

The trend is evidently downwards... Cool

Yes, the trend lately has been downwards, but it seems that it should be logically turning around soon.   I mean there are literally millions of dollars being poured into the ecosystem to develop new businesses, applications, etc.   There have also been a lot of higher ups at major financial companies who have left their companies to join bitcoin companies.   I don't think any of them would have done this if they thought they were jumping aboard a sinking ship...

I think that a lot of people have been cashing out and with the mtgox fiasco and the problems in China we have been in a downwards trend but most negative things are temporary even if maybe other exchanges are badly managed and other countries will regulate Bitcoin badly
3150  Economy / Gambling / Re: Sato-Dice.com : Play or Invest : 1% House Edge : Free Bitcoin Bonus: Jackpot : A on: March 29, 2014, 12:51:34 AM
698BTC wagered but profit is 15BTC and 4.2BTC
Which one is the bankroll profit? 4.2BTC I guess so what is 15?

698BTC - is a total wagered of the website for the whole time, including the games of the competition's participants. It was a surprise for us as well to get such wagered from the games of the competition's participants, from now we exclude them from the game statistics.
15BTC and 4.2BTC - these are the Profit wagered for the whole time and the monthly bankroll, respectively.

Monthly bankroll? What does that mean? I still didn't understand
I think it is weird to give more btc to those who won the most
I would give the prizes to those who bet the most

This overall profit site that is updated in real time, it may decrease or increase, now it is very big, because it takes into account the game participants, our programmer to fix them all, and this error will display correctly

Oh ok, I don't understand the stats they are changing everyday and they don't seem to make that much sense
Max bet is not displayed
Money invested in the site doesn't change each bet when it should
3151  Economy / Speculation / Re: URGENT, Bitcoin is on the verge of collapse !!! on: March 29, 2014, 12:49:53 AM
How did get to pull "10-30 USD"

Please explain? We would love to see your analysis.

Constantly losing popularity, people understand that it's not money,no new investors, as it constantly loses value,not regulated by law, nor will ever be regulated. From 1240 usd Bitcoin rocket is in free fall.
10-30 usd, it is in the long term, for next 1-2 year,
but before summer 2014 year, bitcoin price go at 150-250 usd.

losing popularity : not tru

no new investors : businesses accepting bitcoins is growing every single day, it is booming

not regulated : it is being regulated, differently by different countries
3152  Economy / Economics / Re: Worst bitcoin decision you've ever made? on: March 29, 2014, 12:48:23 AM
Make use of a vanity address generated on a hacked vanigygen site.
But worst decision must be the fact I didn't take Bitcoin serious earlier in my life.

We are all saying we should have buy x$ of btc a few years back but do we do it now? It is easier to buy a large amount of btc now both technically bc there are a lot of exchanges and localbitcoins and in terms of risks : it is less risky so we are hypocrite, maybe we didn't believe enough in Bitcoin when we first heard about it bc we didn't know what it was
3153  Other / Off-topic / Re: Is it possible to OPT out of Society? on: March 29, 2014, 12:45:55 AM
Even living of the grid with zero human contact, you still need some kind of human-created form of entertainment and education, meaning you're still being affected by society, even if not vice versa.

You can imagine living only with your family or friends so you have human interaction but only with a small selected group

You could argue you are then in a small society, it makes me think of the movie The Beach..
3154  Economy / Gambling / Re: EveryDice.com | 0.99% Edge - Invest - Referral - Mobile - Fair - Instant on: March 29, 2014, 12:44:13 AM
You need to find yourself some high rollers ! I've been away forever yet no one has topped any of my bets !

That's because those are max bets.  It doesn't make sense to bet large with such low max bets because any progression will be stopped very quickly.
Yes but I got on those ranks when max win was 0.6xx BTC. Gambling up to 0.2 for a return of 0.6xx 3x payout !

Right, I'm saying that's not smart.

And yes, I fully understand the lunacy of suggesting that one -ev bet is smarter then another -ev bet.
Sure it isn't smart but gives you hell of a return if you do it right

That's what I'm saying.  "Doing it right" infers a maximum martingale progression.  With such a low max bet, you have to decide between winning very small amounts per iteration or having a much higher risk of ruin.  That's why I don't like a standard 2x martingale with such a low max bet, you're going to bump up against it very often.

Instead of doing a martingale you can do a big bet with a 1.05 or 1.1 payout, it is the same thing mathematically speaking

I see a few new players coming on ED everyday and some come back, it is picking up very slowly, do we have stats on new players and traffic?
3155  Economy / Speculation / Re: Who sold below $550? The $400 bottom is in LOL!!!! on: March 29, 2014, 12:41:21 AM
I sold below 550 and enjoying my gain.

Stupid OP. Shows being around for long does not make you smarter.

When do you plan on buying? Tell us your view of the market I am not sure where to stand right now
3156  Economy / Investor-based games / Re: BitDoubler.org - Double Your BTC (get back your deposit x2) on: March 29, 2014, 12:35:01 AM
To BitDoubler:
I have sent 0.016 BTC to deposit in your site, and it is not shown on your list.
https://blockchain.info/tx/9be303b07f90f56bac59e4fac943fccc36baf3c3c5d6ba2f81d66cda2d8cd442
Please refund.
Thank you

hey man!!
bitdoubler is gone, to the bahamas, did't you read the posts?
too late for you i'm afraid

cheers

They all finish by disapear, it is sad

Ponzi game could exist if it wasn't made by croo.ks but the game is shady in the first place

Ponzicoin, makebtc, btc contracts, ponzi120, bitrich, bit4u, coinpayoff,...
3157  Economy / Investor-based games / Re: WeeklyPonzi.com | New Ponzi Round Each Week | 130% AUTOMATED RETURNS on: March 28, 2014, 10:12:58 PM
Payout should occur there is 0.130 in the wallet and next payout is 0.130 for the first one who deposited in 24h ponzi
3158  Other / Beginners & Help / Re: will the bitcoin reach $1000 one day...? on: March 28, 2014, 08:45:36 PM
this thread will likely die naturally once we stabilize above 1000 for now its more like when will it hit 1 K again

+1
I am sure there were threads like "Will bitcoin reach $1" in the early days lol. Smiley
This one is also almost a year old thread..! and read the 1st comment below the OP..!
and now I can already see threads like will it reach " will bitcoin reach 10k " or even " will bitcoin reack 1m$ " .

https://bitcointalk.org/index.php?topic=537916.0;topicseen

will the bitcoin reach $1 000 000 one day...?

It is funny when you hear people say "10K...maybe in 15years"; one year ago people were saying the same thing about 1K
3159  Economy / Investor-based games / Re: WeeklyPonzi.com | New Ponzi Round Each Week | 130% AUTOMATED RETURNS on: March 28, 2014, 08:43:49 PM
The deposit f9ae016dc4ce694776090a2289931d7a61780e7fc0a761cec70f04bdab896682  was included in block 292884; so was 70af99d31fd5be275dbc1288457275ad6b4b32dacfb127291df3e8b49eb3ff13 but the first transaction deposited first and the second one has been paid before; the first one has not been paid; could you explain?

It is the same on the daily ponzi with the same address; it has been included in the same block 292912 but has not been paid, do you chose the addresses paid first or is it a glitch in the system?

I can.....



I am pretty pisse.d off

Let's see if it gets paid
3160  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][EMU] EMUCOIN ★ Certified WorldStar ★ We're the golden childs ♥ Emunity ♥ on: March 28, 2014, 08:41:16 PM
Keep voting, 73 votes so far

https://coinano.com/vote

Slothcoin is first, 1500votes!


got Error 521 Ray ID: 1125bc81a76208ab
Web server is down


It is not working fine for me either, try again later

Do you guys think more people will join once the scrypt asics arrive? Funny the same thing happened with sha 256 last year. I bet the same will happen to Nfactor and multi-hash afterwards.

it will be a game changer

 
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