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3561  Economy / Gambling discussion / Re: Cricket match prediction discussions on: January 16, 2017, 03:08:53 AM
Now India is at a better position to win the match than England . A wicket now would make the match very interesting , Kohli scored century and from now on he will just go for it . Jadav is playing an exceptional innings too , he will score century too I guess.

An hour ago I was sure they won't get the score as they needed 220+ runs with 4 wickets and half an hour back they needed 130 runs which means in 30 minutes they scored almost 100 runs which is all because of Jadhav and Kohli's partnership. I never knew Jadhav was so good. He too scored a century now and hope they finish this match with a win.

Kohli is gone Sad
Currently India is one of best teams in world and playing at home they always best of best but after England's 350+ I was expecting tough for India as they lost big wickets very quickly but Kohli is kohli and very hard to beat this person right now great end by them with 11 balls spare and they win congrats to all winners

India managed to score 350 pretty easily in the end. While kohli played a good knock, it was the big hitting of Jadhav which kept India in the reckoning through out the match. Nice to see some competition for the spots in the Indian middle order.

In a best manner India played the match, though it didn't made the starting good. Middle order made path for the win. Gambling odds continued to vary as both teams got winning chances. Finally India made its win on the first ODI under the captaincy of Kohli which makes it a special match.
3562  Economy / Speculation / Re: Why Bitcoin price may not crash like 2013 on: January 16, 2017, 02:55:39 AM
Compared to those days bitcoin is less volatile as well its user rate, adoption, acceptance and investment through bitcoin has increased to higher extent. This helps the price to stabilize in a short time, if something happens similar to a crash too.
3563  Economy / Economics / Re: Should I believe in Bitcoin ? on: January 16, 2017, 02:42:52 AM
perhaps now is a moment where your beliefs about bitcoin in the test. bitcoin prices down very quickly. for people who strongly believe in bitcoin, it's not going to panic, and still hold bitcoin they have, because they know that the price of bitcoin will rise again. Well, today has been a lot of selling bitcoin they have, and I do not think to sell bitcoin I have for now.
people who believe in bitcoin, they certainly would not panic when bitcoin prices fall, because they believe that prices will definitely go up as usual. and they think that this is the usual fluctuations
Well, we do not just believe in a thing that we do not have a knowledge. What I'm trying to say is that, if the price falls, we have to investigate the main reason why such happen and if we feel it's not that serious then we simply have to gain opportunity on the situation, buy cheap bitcoins as certainly it will rise as we have witness most of the time.

Exactly, you are very optimistic with such situations. Everyone should have that way of thinking because when bitcoins suddenly falls many newbies out there tend to think that it will be the end of their bitcoin career. But they don't know that it is just a normal thing with bitcoin because of its decentralization chances of falling its price after a pump is just normal, so nothing to worry about let's just keep on believing with it.
Bitcoin falls and rise, it's normal. Definitely you people have seen many times bitcoin is falling and where we are now? Aren't we still standing strong? For sure, if you will just strengthen you belief you can survive the crisis and you grow your investment as bitcoin grows.

For those people who had experience already with ups and downs of bitcoin, this type of situations are just going to be a normal ones for us. But still the worry of those new comers to bitcoin will just do the same as we pass through with it. So for those people that are new with bitcoin and saw the price to reach $1k. Just wait again folks it will reach it again to that price.

Most newcomers on experiencing the increased price will be happy to be the part and when they experience decreased value automatically a hesitation sticks to their mind whether it grows high or not. One who over come such mentality earns the best possible. So trusting bitcoin is on ones own hands though others teach it in the better ways.
3564  Other / Off-topic / Re: How many Bitcoins are lost forever? on: January 16, 2017, 02:30:12 AM
if you are a traders, or a gambler, then you will not be able to count all bitcoin amount that has been lost. maybe more than 1 or 2 BTC, or even more. Well, we need to consider is how we generate profits. I was a businessman, maybe I have a lot to lose bitcoin, but I never count them. because, if you just think about it, you probably will not be able to develop.
I business its always happening that you are losing but you will learn how to manage it until you will be satisfied and gaining a good more profit.. with your own managing.. in my own i am not counting but i am thinking first before i spend and what will be a good methods that you can save more not to lose more..
i think here the op means to say that for example i have 5 bitcoins in my online wallet and suppose i lost the key of may wallet so the 5 bitcoins are lost for ever, because no one can remove the bitcoins from that account.

In my view such an act of losing the key is similar to losing the bitcoin within the wallet forever. In a similar manner bitcoin lost in gambling too is an loss forever, because only very few earn the lost amount by the very next or within few events to compensate the loss.
3565  Economy / Services / Re: I will list your product on DeepWeb Market vendor account on: January 16, 2017, 02:12:59 AM
That's a good way of making business through which can make a good earning. Deepweb too have got legit traders. One such seems to be the above person. But I'm not sure how it gonna work perfectly, because he'll help list someone's product but the payment will be received by him. So escrow is required, else both can get cheated by each other.
3566  Bitcoin / Legal / Re: Money laundering via BTC on: January 15, 2017, 05:03:33 PM
If someone wanted to move $1,000,000 using bitcoins, they would need about 1,428.57142857BTC if the exchange rate was $700 per 1BTC

Anyone with that much BTC? Let's say they'll get it from an exchange. Then that exchange would have to halt trading just to serve one order. That's just for $1M... So would moving a much larger amount be possible with bitcoins provided that the exchange rate is still pegged at $700-$800?

you don't move the bulk, you script the entire amount to move in smaller pieces. you are not paying more, the fee is a percentage, so ten 1 dollar tx's pay the same amount as one $10 tx.  i used an exchange earlier as an example, but if you have $1M on an exchange, it is from trading and not dirty, or you moved it there for some stupid reason.  the exchange has your private key and the only scripting you can do is possibly through an API.

$1M dirty is in a wallet that you control and you have the ability to move it in bulk if you want, but you should be scripting smaller moves simultaneously


exactly, for it all to be clean, don't move in bulk. but laundering is equated with moving large volumes of cash from one place to another. then with bitcoin, it won't be possible move really large amounts. and with billions of people all over the world wanting to move large volumes of money undetected, would bitcoin and/or other cryptos be their option?
yeah there a lot of way to do it smoothly, you don't have to exchange all the bitcoin to cash in one day right? do it piece by pieces , day by day as natural as you can. have heard some stories about this kind issue before and it's always been a tough topic to be discussed, never easy to prevent money laundering in bitcoin with its feature.

There are some perfect ways to do it. First you need to know to create different wallets under the Electrum wallet. Do not link them to one another by doing transaction to each other. Name them with different names, they all should have different seeds so when creating one make sure to click CREATE NEW SEED.

This is the first step. Second step is convert Bitcoin to Monero which is an untraceable currency. Wait a few days, convert back to bitcoin and withdraw to those different wallets.

Now as the final step mix them through the mixer in my signature campaign which is absolutely the best one. And get them preferably in a new Multibit or hardware wallet.

That's it, no traces left behind, only your IP (if you use TOR+VPN you erased these traces too).

This is the most perfect way to me, but much more experienced users can have their saying too.

You understand there's no money laundering in those operations, right?
You start with black money, and you still have black money at the end.


Money laundering just is possible through different means and here bitcoin gives high security to its users, so laundering is there for which we cannot describe its unworthy. Black money holders just transact and give make it white when the amount spent.
3567  Other / Archival / Re: Which one is more risky? Skill-based gambling or trading? on: January 14, 2017, 08:10:14 AM
I experience this twoo but in my experience trading is much more safer than gambling that they both risk money, In trading you can minimize how much you spend to grow , also in gambling but you can't sure your profit in gambling in trading you can assured your profit in short term of trading.

I too believe that trading is better than gambling for the above mentioned reason. Skill based gambling too is risky, because however perfect we make strategy finally we are supposed to depend upon luck. So all time gambling is just a do or die game to risk for an earning.
3568  Bitcoin / Bitcoin Discussion / Re: Who here has the most Bitcoin? on: January 14, 2017, 07:51:42 AM
Largest number of bitcoin holder can never be found exactly. Though its pseudo anonymous it gives the complete feature of the anonymity. So in my biggest transactions list can be seen in Blockchain.info but if we can track the particular wallet address then can find the largest holding person exactly.
3569  Other / Off-topic / Re: Who controls the Bitcoins? on: January 14, 2017, 07:10:01 AM
Well no one is controlling it as one person, we ourselves are controlling it partly if you are gonna think about it.
On my understanding i agree with you,no one is controlling it.It moves freely by means on how its value runs to the market.Seems like everyone is anonymous using bitcoins,by means of investing ,trading and mining.

We ourselves is responsible for the price movement, but with the recent price drop its true that bitcoin controllability is under the hands of china users and miners to certain extent. Situations were going good as the price has begun to increase little by little.
3570  Bitcoin / Bitcoin Discussion / Re: The reason why people do not get Bitcoin. on: January 14, 2017, 06:11:12 AM
The main reason that people don't buy it is that they don't understand it and don't even know where to get any. A secondary reason is that it is still a very risky investment that we have to realize may fail in the long term.

That doesn't look right, people are not much aware of bitcoin around different countries. If they had known buying is not a big thing, because lots of exchange, trading websites, forums, faucet sites has made buying easier. Now the risk of bitcoin too decreased a lot by the decreased volatility than the past.
3571  Economy / Economics / Re: What is going on, who is selling at these prices? on: January 13, 2017, 09:55:51 AM
Every user doesn't have the same need and requirements. Everyone plan to sell at the increased price which is not at all possible. Only the person making closer predictions will sell at the right time. The same has happened now, though they knew that the price moves up, the need makes them sell even at lower prices.
3572  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: January 13, 2017, 09:03:37 AM
Does anyone have any idea how many people are using gold as a store of value vs btc?  And how long do you think until we have the same user Base as holders of gold?

I am afraid that Bitcoin will never manage to attract as many users as gold. Gold is being used by billions of individuals around the world, as an asset. Bitcoin will never be able to attract that many users.

Though bitcoin has got less users right now, the potential will take it high. Gold has a very long history to get such a large number of users. So bitcoin is very young to reach a position similar to gold. Bitcoin could have grown much than now, if bitcoin have got a physical space similar to gold.
3573  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin the best cryptocurrency what so ever? on: January 13, 2017, 08:49:21 AM
it is indeed the best and not because it's the first or because of the name or random stuff liek that but because is the most accepted

it's not the fastest but you must understand that faster coin have problems related to orphan

and it is the most valuable, its value is the highest compared to the other, other cons are just a good experiment for what bitcoin will need in the future to become better

As quoted bitcoin is most accepted among the digital currencies which makes it the best of all. Another thing is that bitcoin is the only successful digital currency which has been growing long without any issues. Even when several issues arouse, bitcoin just overcame it. At the same time lots of other digital currencies got vanished. This too an reason why bitcoin is the best.
3574  Bitcoin / Bitcoin Discussion / Re: Marketplaces in your country/region that accept Bitcoin? on: January 13, 2017, 08:34:45 AM
Bitcoin user is still rare in my place, when I talked with many neighbors, they generally do not know about bitcoin. even the students did not know about bitcoin. Maybe the news about bitcoin is seldom, so not peoples in my places know bitcoin.

That's true, only very few country people were much aware of bitcoin as well existence of several other digital currencies. Those countries get lots of stores accepting bitcoin, in my country very small acceptance is found as well few online websites were accepting bitcoin.
3575  Economy / Gambling discussion / Re: What is your gambling strategy on: January 12, 2017, 04:53:19 AM
I don't make any strategy to get into gambling, only based upon the events I place bet strategies were made. Possibly most of the days if I win on an event, by the next event I'll increase the gambling value which is the only strategy followed.
3576  Economy / Speculation / Re: Sell or wait? on: January 12, 2017, 04:06:46 AM
After a major rise in price the price has started to decrease continuously without getting sustained for a long period around some price. So users who made a buying at the peak price can no longer profit in the near future. Need to continue holding at least for a year to get a price similarly.
3577  Bitcoin / Bitcoin Discussion / Re: Site investigation conducted to the top 3 Chinese Bitcoin exchange on: January 12, 2017, 03:24:35 AM
It doesn't look like an legal form of investment to check the legitimacy and the process of all the services provided through those exchange websites. This is just an initiation to give a panic to all its users within the country. As most people using were from china, the impact got felt through the price.
3578  Bitcoin / Bitcoin Discussion / Re: Bitcoin will die soon if happen with every Bitcoin users? on: January 12, 2017, 03:13:16 AM
Yesterday I sent some Bitcoin though the amount of Bitcoin is small but the transaction is still pending. If Bitcoin transaction time issue not solved than Bitcoin will die soon. Who would like to use Bitcoin if transaction not confirmed even within a day?

Here is TX link https://blockchain.info/tx/7a531e7990e02dd498d74d8a5c25a536d8b307ab20b31298b23aa44831924d5d

There are transactions which got confirmations after 2-3 days. It doesn't make bitcoin to get collapse or to get vanished. Importantly once after sending, the receiver end gets it in the form of unconfirmed transaction. That itself serve as a confirmation that its on process towards the proper wallet address. So no more waiting is required to see all the confirmations.
3579  Bitcoin / Bitcoin Discussion / Re: Bitcoin, is it worth spending time collecting it? on: January 12, 2017, 03:02:01 AM
Even from faucets collecting bitcoin is worth of spending time on it, if you are with plans to hold for a long time. Price movement takes place often, but long term holders get a big profit with respect to time period. This makes even the earning got from faucets highly valuable. For short term needs faucets don't give us good earning for the time spent.
3580  Economy / Gambling discussion / Re: Gambling should be considered as a Sickness!! on: January 10, 2017, 03:41:10 PM
Gambling is indeed a real sickness if you are asking me because it something that is done by a lot of people these days, they lose everything.

Plus gambling nowadays is accessible to everyone. You just need a internet connection or a phone and then you can play, easy as that.

Gambling is accessible to each and everyone without any age difference too, because there are gambling websites which doesn't need some identity to be given before placing bets. This makes even school kids to get addicted if they experience good earning by the initial days of gambling.
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