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3501  Other / Off-topic / Re: Are you buying bitcoins? Why? on: April 07, 2016, 11:16:38 AM
.......
Thats good idea to and waiting for miracle when price will rise.

it is not exactly a miracle, just as it was not a miracle last time the price went up a lot and just as it has been growing slowly with strong buy support until now.

Quote
But my suggestion is you can try tradings because you can multiply your money in short period of time all u need tobdo is learn the flow and monitor the market price. If u have big funds  the better causr you can manipulate the market price itself.

this is a good suggestion, but it is going to be hard for someone with no prior experience with trading, especially trading crypto-currencies.

and the manipulation requires even more experience and not just money.
3502  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: April 07, 2016, 11:13:21 AM
to gamble in a smart way means to do the hardest thing which is knowing when to quit.
this is usually why gamblers are always losing, cause they don't quit after they have won some amount.
3503  Economy / Gambling discussion / Re: Is it a sin to gamble? on: April 07, 2016, 11:09:28 AM
Yes it is a sin for some people because their religion says : Any such money is wrong that doesn't come by hard work.

i am not an expert but the reason why religions consider gambling as a sin is not what you said. it is wrong because of the negative effects it can have on people's lives like addiction, losing money, going bankrupt,...
3504  Economy / Economics / Re: Bitcoin worth to you or not... on: April 07, 2016, 11:05:33 AM
bitcoin is much better than fiat so it is worth more to me at the same time.

bitcoin is an investment that can give me a good profit especially since bitcoin price is pretty low right now.
also bitcoin can be used as a currency which makes it that much better.
3505  Economy / Investor-based games / Re: Maybe this is the way these ponzis are lasting on: April 07, 2016, 11:03:06 AM
I have been think thoroughly regarding 2 cloud mining which are ponzis without any doubt and are cldmine and topmine. How come these website are still alive (well topmine is new 1.5 month old) but Cldmine is about 6 months now and not many people know it. I have arrived at the conclusion they are mining GPU-s maybe and thats how they can continue to stay well more than 6 months available, as mining DOGE is not really difficult or any other alt crypto which can be easily mined. What do you think of this ?

what you are describing means they are not Ponzi! or at least not completely. (i have no idea if they are or not though)

usually when these cloudmining services which are scam come to last long is because they are giving out free hashrates and a lot of promotions which will lead to more and more people investing so they can pay off their new users until they collapse.
meanwhile they are not mining at all. because mining even with gpu will cost and they are trying to keep the cost at minimum, earning through scam at maximum.
3506  Economy / Service Discussion / Re: Anyone know best and reliable bitcoin mixer? on: April 07, 2016, 10:59:06 AM
I read about bitmixer but it's pretty expensive to mix the coins there specially if you are mixing big amounts of bitcoins.
Is there any reliable free bitcoin mixer? Can't i just deposit my bitcoins to exchange and then transfer it to another exchange and then withdraw to another wallet.This way won't i recieve new bitcoins?

you can do that, of course. but if you're looking for privacy that may be not a good idea because the exchange still knows where the coins came from and where they goes.

let me quote something from bitmixer:
Quote
All exchanges require the user to scan ID documents, and large transactions must be reported to the proper governmental authority. When you use Bitcoin to pay for goods and services, you will of course need to provide your name and address to the seller for delivery purposes.

This means that a third party with an interest in tracking your activities can use your visible balance and ID information as a basis from which to track your future transactions or to study previous activity. In short, you have compromised your security and privacy.

the bold part of the quote is not completely true.
only those exchangers which work with fiat will ask for ID, in other words verifying your account. while you can work with their exchanger and never verify.
i used to use cex.io even traded with fiat, never gave them any ID, deposited crypto, traded with other crypto and fiat and withdrawn crypto in the end.

there is also bittrex that i am using, they haven't yet asked any info.

p.s. although the rest of the quote is right and you should keep that in mind.
3507  Economy / Economics / Re: Why has bitcoin had success in China? on: April 07, 2016, 10:49:32 AM
i think it is mostly because of the major miners in China. they are these big whales with a lot of bitcoin that are gaining a lot of money and bringing a lot of publicity for bitcoin in their country.
3508  Economy / Speculation / Re: Bitcoin to hit $2016 by the end of 2016 on: April 07, 2016, 10:47:42 AM
we will definitely have a very interesting couple of months ahead of us. first there is the obvious halving effect and all the speculation around it and also there is the block size drama that is preventing bitcoin from rising up.
3509  Economy / Speculation / Re: the halving is priced in - face it.... on: April 07, 2016, 10:38:42 AM
the low trade volume on bitcoin really bugs me a lot..... usually that is a very bad omen.


i wouldn't really call 15,000 USD low trade volume(according to bitcoinwisdom)
and it gets even bigger if you check out coinmarketcap which includes all the exchangers and all trade volumes in USD (EUR, JPY,CNY,...) which is $50,700,000 at the moment and growing.

also i want to add that whenever the price is stable the trade volume decreases because there are less day-traders trading bitcoin.
3510  Bitcoin / Bitcoin Discussion / Re: Lost your wallet password again? on: April 07, 2016, 10:26:53 AM
Could you use this service? Not a bad venture if you ask me...

http://www.coindesk.com/meet-man-will-hack-long-lost-bitcoin-wallet-money/

If you're going to give it a try you'll probably need some of these: https://spendabit.co/go?q=gpu
Quote
And just to be clear, Dave Bitcoin hacks people’s passwords with their permission. He runs the website Wallet Recovery Services, which recovers people’s lost or forgotten passwords by brute force decryption – that is, using a computer program to try millions of passwords in a short amount of time.
this is would good for people who lost their password and want to recover it,i wonder how Dave bitcoin have learn that BFD or brute force decryption,i just know brute force attack to decrypt password,but it hink wallet password not easy as i know.

the quote should say "Dave Bitcoin hacks people’s passwords with their permissionHELP.
he is not exactly hacking, you give him what you think your password is or what it includes then he uses all the variation of that initial password to find the right one.
3511  Economy / Speculation / Re: Bitcoin is a big business??? on: April 07, 2016, 10:21:09 AM
Do you think that if you hold your Bitcoins then increase the price and if you used bitcoins in investment then you also get a profit, in that means BITCOIN is a big business Huh  

i am having a hard time understanding what you really mean.

bitcoin is like money, if you have money and invest it in some business plans is money business?
3512  Economy / Speculation / Re: Bitcoin will rise? on: April 05, 2016, 12:03:12 PM
it normal that will rise this is halving year less coin will be and more demand that will cause price to go up normally


Yes we can see higher  price at the time of halving and its stable at a moment, but as time will pass we can expect some better and higher price.

there needs to be something that sparks up the price rocket before it starts rising again. maybe segwit can do it or it is possible that a whale gets tired of accumulating and starts pumping bitcoin.
3513  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin survive world war III? on: April 05, 2016, 11:54:50 AM
There won't be a world war 3 to survive.
New world war happen around spy networks and cyber attacks. Noone really want to fight.

i guess if the world war III happens it would be a nuclear war on top of the cyber attack in the end and will annihilate half the life on the planet, so in that case we will have so many other things to worry about.
3514  Other / Off-topic / Re: Bitcoin and Porn on: April 05, 2016, 11:50:12 AM
it will be fun if we can be premium member on porn site  and no need creditcard / paypal if we can use bitcoin  Grin
yeah it will be easier for us because usually a porn site only accepts payment by credit card or paypal to subscribe. of course if I use a credit card. my wife can look at the credit card bill at the end of the month Sad
with bitcoin I can keep it safe Cheesy

this is very good for use for sure since we are using bitcoin and as long as we are adults and are legally allowed to sign up and pay for these stuff.

but at the same time accepting bitcoin creates a kind of anonymity that makes it hard for these adult websites to check the age of their subscriber and limit the minors hence avoiding legal troubles.
3515  Economy / Speculation / Re: Prepare for the wave on: April 05, 2016, 11:48:17 AM
so the price is not rising and there are no waves right now but i hope soon this will happen as the stable price is really boring

if there was a rise i would definitely make some decent money out of it as i have a bit less than one bitcoin, cant wait for the halving because of that

Enjoy the quiet as long as it's holds.There will be more than enough rides, ups and downs coming this year due to speculation, rumours, FUD and influence by media.The year is still pretty young and a lot of people will smile and cry until the end of it.

this is a part of the market and a very necessary part too, and it is the same in other money markets like USD-EUR but since those are so big, the swings are smaller too.

also bitcoin's big swings and volatility has been reducing for some time now and we don't see those big changes anymore.
3516  Economy / Speculation / Re: Bet: Bitcoin to top $900 before Sep 2016 on: April 05, 2016, 11:42:08 AM
i think there is a pretty good chance that bitcoin will rise in the summer around the halving time. i will never bet on it especially bet on the price going to $900 because it might just go as high as $600-$650 even because of the halving.
3517  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: April 05, 2016, 11:39:38 AM
well, bitcoin is a Global currency, since it doesn't belong to any nation and everybody is free to use it as they like and they don't have to sign up to any service or obey any of their rules or get blocked because they didn't follow them.
3518  Economy / Economics / Re: When do you buy Bitcoin ? on: April 05, 2016, 11:30:57 AM
already prepared to buy some bitcoin for halving party , but i need to make sure this is right decision  Huh 

It is the right decision to buy now. When the SegWit comes out later this months, the price will rise a lot.

i agree. segwit is going to be a huge change in bitcoin and can change the price but the change (rise) will only be big if it can solve the block size debate for good and don't get rejected by a group and get accepted with another and leaves a lot of users in the middle not knowing what to do Smiley
3519  Economy / Trading Discussion / Re: How to move USD through different exchanges? on: April 05, 2016, 11:27:30 AM
I see, I think moving from exchanges is not ideal for me at the moment as the amount that I have in possession right now is satoshis only. Thanks guys.
yes its not ideal,moving USD from exchange to other exchange just take higher fees,and its avoid by everyone,moving with bitcoin its better for bitcoin user,but i'm also think some countries which not use USD as main currecny,it might better,because not only bitcoin who fluctuate,but USD also same.

the currencies like USD with local currencies (whatever they are like Euro or african money) the rate is not so volatile that you might think it is mostly at a very fixed rate if nothing horrible happens to that country.
3520  Economy / Trading Discussion / Re: How To Lend Money on: April 05, 2016, 11:24:38 AM
An easy way to lend is through bitfinex. BTC returns about 2% right now. Fiat loans much more but it fluctuates. Little tip. No reason to lock in your loan for more than a few days. If you lock it in for a month and then the rate goes up while you are inside of the month, you lose money. But you can also keep your loan rolling over and reinvested and take advantage of the rate if it goes up. Of course it might go down. Its a calculated risk.
M

this is very interesting, thanks for sharing.
i have question about the service.
you are lending to users on the site right? can they withdraw it after they take the loan or is it blocked within the exchanger?
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