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3621  Alternate cryptocurrencies / Altcoin Discussion / Re: BTC is steady but many alts have had 2-5 fold gains in the past month... on: June 12, 2015, 10:05:50 AM
altcoins have no serious market cap. it's easy to realize such gains if you have a few spare bitcoins to work with. but don't compare them with btc.


Haha so funny to read this ignorance. Market cap of bitcoin is an illusion anyway.
Many altcoins are being used as money more than bitcoin. Bitcoin is just 90% speculation. There is no real value.
Even worse. 90% of all the funny internet bitcoins are owned by about 5 people. If that is the future of money we have not done well.
Altcoins are the real revolution, offering rigid, fair and scalable systems.

this once again shows that you are only trying to make bitcoin look bad. if you like altcoins then go spam the altcoin section with your nonsense.
3622  Economy / Economics / Re: Greece has made an important concession on: June 12, 2015, 10:01:16 AM
Greece has made an important concession that not only giveing up the former standpoint, but also considering the discussion with Brussel Group which had regular meetings with Greece and its technical team in the past few months . The suggestion includes the contents as followings: 1. low primary surplus makes Greece free from deflation policy; 2. the protection of pension and wages avoids further wage and pension cutting in order to stop recession.3.to carry on reallocation of the income of most people in society.4. debt restructuring makes Greece's new debts stop and old debts paid back, but not the vicious circle for development of the real economy. 5. to restore collective negotiation of labour and capital, and cancel the resolutive labour relationship. 6.Strong investment plans on basic infrastructure and real economy are introduced.

What there is the important concession?

2. seems unworkable, they can't be a far poorer country with lots of debt, but continue to have richer country wages and pensions that are being phased out everywhere.
4. sounds like an idea, but not one that is workable or will actually happen.
6. seems like it would go directly against the Troica.

It's all just can kicking, someday they will realise that they need to leave the € to get out of their mess.  

they won't let greece leave the euro zone, the danger is that other countries may follow if it indeed turns out to be a benefit for them.
3623  Bitcoin / Mining speculation / Re: Difficulty jump! Barrier of entry for mining on: June 12, 2015, 09:57:45 AM
In my theory, if mining difficulty jump, many miners will turn their ASICs off because they won't get ROI. I think difficulty will go down when they turn off their ASICs and it's back to normal. This thing will happen again and again. Whenever many miner use the new chips to mine, the difficulty will jump and go down again. That's my opinion Wink

i'm sure at some point the new chips will surpass the current miners and that will take the difficulty up to new unseen levels.
3624  Bitcoin / Bitcoin Discussion / Re: 175 Quadrillion Zimbabwean Dollars Now Equals 0.02164502 BTC on: June 12, 2015, 09:53:21 AM
Zimbabwe might not be able to limit inflation, by adopting fiat currencies such as the United States Dollar and the South African Rand. These currencies are also not protected from inflation. If the Zimbabwean government really want to curb the price inflation in that country, it should legalize some currency which is immune to inflation, such as the Bitcoin.

by just reading the first few lines of your post i knew you would bring up bitcoin. you do realize that most of the people there don't have access to internet right? let alone a smartphone.
3625  Bitcoin / Bitcoin Discussion / Re: Use cases. What do you actually use Bitcoin for? on: June 11, 2015, 07:29:59 PM
i use my coins quite often. especially to purchase small things from dinodirect. i also have a vps that i pay for with bitcoin. so i indeed use my coins.
3626  Economy / Speculation / Re: winklevoss announcement 11 june when? on: June 11, 2015, 07:27:01 PM
it's probably sort of an update. not really anything special i think. but i hope i'm wrong and they announce an official launch date for their exchange.
3627  Alternate cryptocurrencies / Altcoin Discussion / Re: BTC is steady but many alts have had 2-5 fold gains in the past month... on: June 11, 2015, 07:24:53 PM
altcoins have no serious market cap. it's easy to realize such gains if you have a few spare bitcoins to work with. but don't compare them with btc.
3628  Economy / Trading Discussion / Re: Bitcoin Manipulation on: June 11, 2015, 12:47:36 PM
Hello,

How much btc do you think you need before you can move the price on a exchange?

Also is manipulation legal at bitcoin exchanger?

Just find the exchanger provide a massive trading amount everyday. As I know , the high volume exchanger were poloniex,bittrex, and Bter.

About manipulation, that's can't be done with one person. But it can be done with a group of whale trader

you don't need to be in a group in order to manipulate the price. one person is enough. most important is to have loads of fiat and bitcoins.
3629  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin is in deep trouble. Litecoin to take its place soon. on: June 11, 2015, 11:01:58 AM
Litecoin crashed from $48 to $0.92

98% price fall .......

That means now potential for 50x and more gains.

just lol. if you really believe this you should invest in litecoin asap. it's only not going to happen. current litecoin price is more than fair. dreamers keep dreaming.
3630  Economy / Economics / Re: Is it better to save money or invest it? on: June 11, 2015, 10:57:35 AM
Since there were many news that stated some banks got problem, e.g. bank was hacked, bank fired employees, etc, I think people especially the bank customers began to withdraw their cash and choose to invest it. They don't want to risking their money anymore, and the investment is best solution for them which they will get higher profit than saving it.

I don't think that people who just saved their money would have much desire to invest it again anytime soon, since keeping money in a bank is also an investment (kind of). Those who have a lot of money (given they saved it on a deposit in the first place, which I doubt) would buy gold, real estate, or US Treasuries, those who don't have that much would just keep cash under mattress...

while banks have had problems, people still managed to save a record amount of money here in the netherlands. which means most people indeed have no desire to invest it in any way.
3631  Economy / Speculation / Re: Slap, slap, slap! on: June 11, 2015, 12:36:20 AM
Ahahah, early adopters sure. L2T

ahahah definitely they are

not all of them, some have bought at 100 and sold at 1200, are those early adopters in your eye?

the true is there are professional traiders interested to the bitcoin market, expect more of those guys in the future

that sounds nice.

But Id assume it was a rare case for a few people.

I would assume they would sell while it was rising at like $500 ish and didnt know it would go much higher.

Most rallies have dips where people sell because they think the price has peaked. It's extremely difficult to hold your coins until the overall peak price and ignore the dips. There must have been many people who sold at or below $500 thinking that was the peak price.

why is it hard to hold coins? it's not hard, people make it look hard while it isn't. small traders trying to sell their stash for just a tiny profit are wasting time.
3632  Other / Beginners & Help / Re: Experience with cloud mining on: June 11, 2015, 12:32:41 AM
i have experience in cloud mining service in the past year, m:(ost of them are not in good experience
I bought number of GHS on c-cex and figure out this service won't give me profit, so I trade those GHS and leave that cloud mining.

After that, i find out PBmining give me good rate of GHS and decide to buy some GHS.
I learn about how PBmining works and find out this service is most likely a Ponzi scheme, not real cloud mining. So i decide to sell my account to someone in this forum and leaving cloud mining world.
Now we can see PBmining is scam and i'm happy with my decision Smiley

i think you are very lucky bro you can sell you account in PBmining before this site scam that mean you still get you money back
because lot of people lost they money when PBmining scam and nobody can ROI from this site...you made right decision


just thinking before buying fake ghs contracts would simply be enough. never invest when they promise great returns. just avoid them.
3633  Economy / Speculation / Re: Block Halving in 2016 - Boon or Bane for BTC price ?? on: June 10, 2015, 09:41:45 PM
what if the price goes down to $150 and we stay there for a while. then block halving kicks in and makes the price go up to $250 which is just a bit higher than current price. which means there is barely a gain if you buy now and hold till after the halving.
3634  Bitcoin / Bitcoin Discussion / Re: Airlines that accept Bitcoin as payment! on: June 10, 2015, 09:36:04 PM
according to coindesk TAR, a Mexican Airline, started accepting bitcoin as payment.

http://www.coindesk.com/mexico-tar-latin-america-airline-bitcoin/

"In a statement, Jose Calzadias, commercial manager at TAR, said that the company, which serves 12 destinations throughout Mexico, would continue to evaluate payment options that give "real added value" to customers."

apparently there is another Latvian airline that started accepting bitcoin from July last year.

what do you think the effect of this is on bitcoin?
Most of the airlines or businesses that accept bitcoin usually use Bitpay as a payment processor. I believe it is actually very good for Bitcoin price, as Bitpay just this week announced that they don't sell the bitcoins on the exchange instantly. So these bitcoins are not dumped, and will probably be not dumped anytime soon. In a way this is actually good news for bitcoin as it is not being dumped and is increasing in its usage.

at some point the coins will get dumped. whether it is the next day or next week. they will get sold. they benefit when bitcoin price goes up, that's what they are waiting for.
3635  Bitcoin / Bitcoin Discussion / Re: MasterCard makes the case that it’s safer and faster than Bitcoin! LOL on: June 10, 2015, 09:32:04 PM
i really think at some point they will embrace bitcoin in some way that they are also getting a benefit from it. it's a wise option. no reason for them not to do it.
3636  Economy / Trading Discussion / Re: Good ways to invest Bitcoins on: June 10, 2015, 07:51:18 AM
Investing in Bitcoin is a pretty risky business, so you should only use a relatively small amount of capital that you can afford to lose entirely if things go badly. But these high risks could also come with high rewards.

You can still make money from mining coins, from buying and holding them, or from trading them on the financial markets.

mining coins is not in anyway risk free.  Nor is it the best investment opportunity.  Just because you're investing Bitcoin doesn't mean you need to invest in Bitcoin mining.

altcoin better to high profit with highrisk than bitcoin
you can see DOGECOIN
that coin is best to invest short time
i think invest is like trading if you get some profit you can sell it and wait to buy (invest) in perfect time Smiley

altcoins can give you a great return, but only a few people are lucky to achieve so. other brainless "altcoin investors" will most likely lose at least 50% of their investment.
3637  Economy / Trading Discussion / Re: Bitcoin Manipulation on: June 10, 2015, 07:46:53 AM
some exchanges only need a few hundred coins to move it down. on exchanges like bitfinex you would need thousands of coins to achieve the same.
3638  Economy / Speculation / Re: Slap, slap, slap! on: June 10, 2015, 07:44:26 AM
I rather be a bag holder, and letting the people wanting this coin to better the financial system which is a chance.

Then not having a chance, similar to buying a lottery ticket, you cant get lucky without participating in it. Of course, this is just some levels based on their own risk on what they can or cant handle.

nothing wrong with being a bagholder. at some point you will benefit. something that doesn't look very good right now will pay off later.
3639  Economy / Economics / Re: Will a bank being hacked boost adoption of bitcoin? on: June 10, 2015, 07:41:35 AM
there have been several bank hacks where millions were stolen, but it didn't boost bitcoin in any way. people most likely see bitcoin as less safe as the media most of the times only report hacks and thefts.
3640  Bitcoin / Bitcoin Discussion / Re: Would You Ever Take Out a Loan in Bitcoin? on: June 09, 2015, 10:22:51 PM
i would never ask for a loan, but would hand out loans if i am offered a physical collateral. but that only for friends. i am happy to help.
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