With the price of Bitcoin being so volatile should we ever consider buying or even holding if we have bitcoins? What are your thoughts??? What should we do??As it stands today at this moment, the Bitcoin volatility index reads: 4.57% the latest 30-day volatility estimate 3.54% the latest 60-day volatility estimate The bitcoin volatility index for present day can be seen at: https://btcvol.info/My opinion of bitcoin longterm can be investigated here in this post titled "Hacks & puppets & forks - how to destroy bitcoin": https://bitcointalk.org/index.php?topic=1834310.0Because you can use the volatility to your advantage, if you are going to buy don't just hold it, use it trade it, sell it one of the reasons people are buying bitcoin is to take advantage of its volatility if you are just going to hold, you will miss a lot of opportunity to increase you bitcoin That was part of his question though, if it was a good idea to buy and hold. In my opinion, it's still good to buy and hold, but only if you plan on holding for a couple of years and if you're not investing your entire capital into Bitcoin. But it's better to wait untill there's a solution to the scalability problem. |
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While they are going to consider Bitcoin as a payment method, they even recognise it's asset-like qualities and seem to have a deeper understanding of Bitcoin. It's very refreshing compared to, say, Indian politicians still thinking it might be a Ponzi scheme.
Absolutely right. the Japanese had thought one step ahead compared with countries that have a level of higher market quality, such as the US or China. Japan is more concerned with the quality and efficiency of every thing that is needed by citizens or the world. So, the possibility of Japan is a country that became the precursor to the acceptance of the bitcoin as payment tools I would not say that it is something exclusive to Japan, there are already some European countries that have a similar vision about Bitcoin. Just take a look at this list, specifically most European countries on there have a pretty good stance on Bitcoin. https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country |
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Is it only possible to use this through the IOS or Android app or do you also have a regular website to access your account?
Do you have your fees listed anywhere?
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Bitcoin still have those swings, I think it will never truly be gone, just less frequent than before.
The fluctuations of bitcoin will remain available hopefully for ever. Because in near future we cannot find any reason that bitcoin will trade solid stable. As long as demand of bitcoin keeps on growing, we could expect more swing to make use in our trades. That really depends on how you see Bitcoin. I'd personally like the price to become somewhat stable in the future, so it could be used as an actual currency and not just purely something for traders. That's not going to happen in the short term of course, but maybe in a few decades. |
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Was planing to invest on a gambling site since they said its a gauranteed profit since the house can't lose but I'm still skeptical about it, i don't have much BTC so I have to make sure whether its going to be profitable for me. What possibilities could happen to the gambling site i wanted to invest into and how am i going to lose my investment in such a manner?
There's no guaranteed that once you invest in gambling you'll get profit unto it. As we all know as others always said gambling is a game of relax and entertainment only.  There is guarantees to have profit on long term when investing, because the casino always make profit on long term, if they wouldn't, the casino would crash and nobody would like to be a casino owner/operator. Invest in gambling sites is different from gambling in gambling sites. The risk is still there, so investing in a gambling site might not profitable at all. Perhaps your goal should be long term so see if you have really profited but if you don't have much BTC and you are not for the long run then investing it in will not be a good idea for you. Maybe you can go for trading and not investing. There is always risk, but if you exclude the chance of the site scamming you by disappearing, you can actually make investments with practically no risks of losing your entire investment. The one reason of people losing their investment is because of variance, meaning that the gambler could make a lot of profit in the short term, causing the site and investors to lose a large amount of their investment and even all of it. Crypto-Games for example, has proper bankroll management, meaning that they limit the max win amount one can make with 1 bet. So chances of you losing your entire investments are slim to none. |
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i've used that website before, but how safe is it actually ? It's safe. I've been using my address fro that site for almost 2 years and never had any problem plus it is being recommended by sites like coinbase and even blockchain.info itself if you will look for a tutorial on how to make a paper wallet. It is safe, but if you are using that website directly, then you're not doing it in a safe way. That website uses client-side javascript to generate the wallet. That means that you can use it offline as well. The best practice is to use their code on a laptop/pc that has never been connected to the internet. You can grab the code here and run it yourself with a webbrowser: https://github.com/pointbiz/bitaddress.org |
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So many students on here that are asking to fill out surveys.
Sorry, if it's not multiple choice questions, it just takes too much time to fill it in.
How are you going to use the data anyway?
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It depends on your deposit when you deposit good money then you will get 5% of it its like if you don't want to gambling your money you're about to join the gambling it self and then let your money grow in a month its really worth even you get small money when it back. it just like while you are waiting for the price to increase you had bitcoin to sell.
Most of the people that are earning good amount with casino's are the ones that invested bigger amount, estimating higher than 1 BTC is the recommended amount of invested. And it can grow 5% for the 6 months and chances of not growing is still there. It depends on how big the bankroll is and how many investors are there too. It also depends if the casino has a really good player base and there are a lot of high rollers. I tried investing in bitvest, they have a high roller there and I caught him on a bad streak. So my money almost doubled as I set my investment to the max risk they have which got me x5 of what my investment is. Another thing to look at is the house edge of the casino, that will also have a great influence on how much you stand to make each month. Also, if you invest in casino's that have lower-risk bankroll management (limiting the max win-rate on bets), you won't have high rollers taking out your investment. Crypto-Games does this btw. Chances of losing your investment are really really low. |
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Are you really serious about this coin or is this just a scam to get money from people? Because it seems that it is. Why not give out some more information about the coin and improve your website. Can we view the code etc.? |
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I've always used a large USB stick to store any altcoins (including ETH), but recently I've been worried if the chances that it's going to break down on me are great.
I have backups, but I'd like to minimise the risk either way.
Same with hardware wallets, what happens if those break?
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Too bad there aren't too many tipsters that bet on the Belgian football leagues, I see a lot of Dutch ones though.
I'll definitely try some of these tips out, but I'm not sure if it's worth paying for.
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I play dice on a site and I do sometimes question whether they manipulate the game. It's probably legit, but it seems that I get losing streaks at inconvenient times. But I guess there's really no convenient time for a losing streak.
Just only play on provably fair sites and check whether the provably fair mechanism is correct. If you do that, you don't have to worry about the game being fair, it just is since it's provable |
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Nice simulation of the market. Lots of pigs have slaughtered in the past because of the bullish nature of Bitcoin market, however it is much needed to a newbie as they have to learn and understand before they invest full and loose bigger amounts.
A lot of the pigs right now, the rejected by SEC give a lot of the impact for the bitcoin and i think the next pump of btc will happen in this time, But too many the people are so blindly with the rumor's hype. What are you trying to say here? That too manypeople are following the hype? If that is the case, than that means that the hype does have an effect on the price... |
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Sanctions imposed by the UN, what did I miss?
It seems that you meant to say the US, right? Though I don't think that those are the primary drivers of underdevelopment. And neither has Putin anything to do with that (i.e. not being prosperous), though. Too many resources is like a curse which puts people living off them into an idle mode of operation, so to speak. Look at Japan, for example, it doesn't have anything (it is just tiny) but has population quite comparable to that of Russia while its level of economic development and overall well-being by far surpasses Russia's
If I remember right, economic sanctions were imposed on russia years ago. Maybe as far back as 2014? Those sanctions took a toll on russian and european economies which can be measured in the billions of dollars range. The suicide rate in japan does surpass the suicide rate in russia. In terms of overall "well-being" an argument could be made for russia having an advantage over japan. I don't know what ratios of wealth or wage equality look like in either of those countries but that could also be a good metric to gauge "well-being" as could average number of hours worked per day, which I would guess definitely falls in russia's favor. There's no doubt japan's technical sophistication is probably than russia's, at least outside of weapons of war. But that sophistication comes at a high cost in terms of japanese historically working and studying ridiculous hours to gain a small advantage. There was a documentary done years back where impoverished africans from the poorest communities visited america and commented on how they felt sorry for americans they got to know, because all they seemed to do is work & not have time for anything else. In that, I do kind of disagree with textbook definitions of what a nation's "well being" mean. The sanctions were imposed by the European Union and United States The United Nations couldn't possibly impose sanctions on Russia since that would effectively mean Russia imposing sanctions unto themselves. This is an unlikely event, by any means. Regarding suicide rates in Japan, it seems to be an obvious outcome of overpopulation. There is a whole scientific theory explaining this and other similar phenomena. For example, wars and epidemics should be considered as natural events aimed at preventing overpopulation (according to this theory). Right now when there are no more major wars and devastating diseases (like the Black Death in the 14th century), this function (of preventing overpopulation) went to big cities since in such cities people don't multiply. And therefore high suicide rates may be construed as just another such tool that nature invented to limit unrestricted population growth I'm not too sure about what you said regarding suicide rates in Japan. Outcome of overpopulation? I doubt it. I think it has more to do with their culture in general. This article sums it up pretty nicely: http://www.bbc.com/news/world-33362387I can agree that suicide may be a possible effect of overpopulation in general, but in Japan's case, there's probably more to it than just that. |
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litecoin will moon when noone will think about it
This is my guess as well.. The news keep coming and nothings move. Accumulation is still ongoing... I think we are heading for a well coordinated pump. totally agree,litecoin will never die yep litecoin has wide adoption and is accepted by many merchants alongside bitcoin and other top coins. hey after all it was supposed to be the silver to the bitcoin gold! i actually bought some for short term speculation, bearing in mind that the coin will not turn to shit in case some major dump happens. Can you give us some examples that the litecoin is accepted widely? Let's see... Any merchant using GoCoin as the payment gateway? Like https://www.cheapair.com/ for example... There's a lot more featured here: https://litecoin.info/Category:ServicesThat's actually a longer list than I expected. It's good to see that Litecoin also has a pretty healthy ecosystem of merchants built around it. Once segwit gets activated on the Litecoin network, I think we'll see the markets react. |
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I do not gamble to much but it always seems that when I do, I take the loss big time. For example, I have lost over 3 BTC in the BustaBit game online. It is fun and I like to play but I always get greedy with it. I have won about 2.2 BTC back, but I lost more than what I have won. For some odd reason, I keep coming back over and over. I do not know why I do it, why do you?
It is because in my observation there is already a psychological behavior changed in your character, and that was happened during the time that addiction is sowing in your mind and personality. So that's the result of why you keep coming back. I wouldn't say that it's 100% certain that he's addicted. That really depends on other factors as well. If he comes back, while maintaining proper control over how much he spends, I wouldn't really call it addiction. People who are addicted have almost no control over how much they spend and they will spend more than they can afford. |
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If it's still possible, I'd like to reserve the bounty for the Dutch translation.
You haven't added any info regarding the value of those bounties, I'm guessing the translation bounties are worth a bit less than the development related ones.
I would also be in the market for maintaining the thread, if my inexperience isn't an issue.
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As a teenager or a millenial we grew up with the new technology. And explaining to teenagers, what is bitcoin? Is not very hard to understand because some teenagers wants to earn money already. But maybe explaining to a child is hard because every child wants to play, not earning money.
Yes, to millenial it is not hard to tell them on how bitcoin works, just introduce them the bitcoin and for sure they will do the moves and explore more on how bitcoin work and be earned. LOL, teenagers that will do their own research after you've introduced them to something? I really doubt that most would do that unless you can introduce them to it in a way that speaks to them. It would be far better if they find out about Bitcoin themselves and have a use for it. Such as buying stuff online without needing a credit card or something like that. |
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The lack of gambling license isn't something that deters me, enough popular Bitcoin casinos do not have a license.
But it should be provably fair if that's the case, so I wouldn't recommend gambling on this one either.
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