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3641  Other / Beginners & Help / Re: [CATALOG] Good websites to Invest My Bitcoins? on: October 20, 2015, 08:11:08 PM

The point here is to modify the first page of the thread. How come the thread title is Safe Website to Invest if there such a risky websites there like BTCjam.

That is not the title, the title is "Good websites" , that doesnt necessarly mean safe, it means that they have an opportunity where you could make money.

Nothing is guaranteed to be safe nor profitable.

As you are adding binary options to the list as well, maybe include secondstrade here is their thread: https://bitcointalk.org/index.php?topic=813554.0 they have been here since a year.
Another one you should add is crypto-games.net in gambling bankroll investment, although they have a low bankroll(~80 btc) they have cold wallet proof of it and have been paying investors since they started. Here is their thread: https://bitcointalk.org/index.php?topic=750760.0 , they too have been here since over an year.


Ok I got it, added secondstrade, i realy forgot about it, yet i even weared their signature once.

The cryptogame site is nothing about investment, its just a gambling site. I want here a catalog of investment sites not gambling, they dont even offer casino investment programs.
3642  Economy / Speculation / Re: Bitcoin is coming back, stronger than ever, with new members! on: October 20, 2015, 08:05:57 PM
I think that we should not count the quantity but the quality.
I have a feeling that people are creating more and more accounts to sell them after a year or so.
Mostly farmers, but there are also new people that are interested in bitcoin but i think the % is same from the last month.

Also it seems to me that the average post/person is about 30.

So a person creates an account, posts 30 posts and then quits. These are not signature farmers, these are just newbies who become uninterested with bitcoin, for the moment.

Yes 1 new bitcoin member who stays atleast 5 years with bitcoin is better then 100 new members that stay only 1 week Smiley
3643  Economy / Economics / Re: Why Satoshi Nakamoto WON'T win a Nobel Prize on: October 20, 2015, 12:39:09 PM
Dont worry guys , an Economic Nobel Prize is not a honor, it's a dishonor.

I mean getting decorated by the keynesian ponzi scheme cult is not the best wish of your life isnt it? Satoshi would never get that award because he was a laissez-faire free market capitalist Smiley
3644  Bitcoin / Press / Re: [2015-10-19] Research: Bitcoin Price Higher Where Economic Freedoms Are Low on: October 20, 2015, 12:24:46 PM
Well not so fast, politicians already accept donations through bitcoin , so they already found a useful way to use it: for bribery.

Yes what can a totally unaccountable politician wish for: an untraceable currency with which to get his bribe. Don't worry guys they won't ban it, it's their game now Cheesy

Very true, never thought of it that way  Cheesy

So bitcoin might just become the 'currency' of choice for the political elite

Well not for all of them, there is always opposition (those that are closer to the banks and get feeded from them directly, while the bank is in opposition to crypto).

But if they really go through with their banning cash agenda, then the bribery would be more traceable. Currently they just use envelopes or suitcases for bigger deliveries, and its untraceable. However if they ban cash, then it will become traceable, and even if they bribe the bank to keep their transactions "off the books" , I doubt they will get away with it, as there is civil war between politicians too, and 1 will fight to get the other in jail.

So to completely avoid it, some of the clever ones, have already thought about if they could just use Bitcoin for their shady deals.

I mean just look at USA, first thing they did was to accept BTC as election money (not because there were so many bitcoiners eager to donate to them, but because they will probably get some dirty funds that way), the same thing happened lately in Australia, and probably in other places too.

These politicians are very sneaky opportunists, finding every opportunity to make a buck.
3645  Other / Beginners & Help / Re: [CATALOG] Good websites to Invest My Bitcoins? on: October 20, 2015, 12:16:57 PM

The problem is BTCJam does nothing to help go after people who default on a loan.  The give the people who loaned the info of other person... so not super great.

Most likely you would have to do legal action to get paid back if a default.  But there are some bad things you might have loaned to someone in another country, so that would be pricey with lawyer.  Again even if in same country getting it done could cost a lawyer, and that does not guarantee you get it back.

I think BTCJam needs to completely redo defaults for me to ever invest there.

What exactly? Sue them for a 10$ loan? Cheesy

A lawyer costs at least 400-500$, and if he gets one too, then even more as the process lengthens. It's a zero sum game and then the lawyers will be the ones that really steal your money. Cheesy

Those scammers are clever none have borrowed more than 2 BTC, so it would not be cost-effective to go after them.

Sorry but people should be more careful where to put their money.
3646  Bitcoin / Press / Re: [2015-10-19] Research: Bitcoin Price Higher Where Economic Freedoms Are Low on: October 20, 2015, 10:20:48 AM
More capital controls = More bitcoin adoption

If people need to transfer funds abroad and or make purchases online they will find a way to do it. If capital controls do not allow them to do that they will look for alternatives and at this stage bitcoin is one of those alternatives.

Guess the next 'logical' step for any country where capital controls have been implemented is to ban other forms of 'capital' like bitcoin and or to regulate it in such a way and form that its just no longer a viable alternative.

The large wealthier countries don't see Bitcoin as being a threat in any way, at the moment. That will surely change when the adoption rates are going through the roof. They will implement such rules that as you say Bitcoin isn't that interesting anymore as alternative for several purposes. But for all this to happen it may still take around 10 years before they are that far to start rolling out their ridiculous policies.

Well not so fast, politicians already accept donations through bitcoin , so they already found a useful way to use it: for bribery.

Yes what can a totally unaccountable politician wish for: an untraceable currency with which to get his bribe. Don't worry guys they won't ban it, it's their game now Cheesy
3647  Economy / Scam Accusations / Re: BTCjam scammers who owe me bitcoin on: October 20, 2015, 10:16:39 AM
Lol where the fuck are all these scammers coming from, like they are growing on a tree Cheesy

I see that they are coming from all over the world just to scam people for a few dollars, how pathetic is that Cheesy
3648  Other / Beginners & Help / Re: INVEST BITCOIN!!! on: October 20, 2015, 10:02:41 AM
WHERE CAN I TRUST 100% TO INVEST MY COINS for garentee payback
CAN ANY ONE SUGGEST ME ?


Trading at yobit is pretty easy, they pay every time and are very transparent.

Check my signature and you will see what i`m talking about Smiley

How does it work? How can you earn with them besides promoting them?

Trading altcoin.

Buy them low, sell them high. Many coins there cost less than 10 satoshi, and can usually go up to 200-300 satoshi, some even in the 10.000 range.

That could multiply the profits really easily.

It's also a great way to lose everything. Might as well hit up a casino.

Risk. Management.

Besides most coins do make sometimes 300% gains, look at my signature.

And for example today BTZ just made 266% gain Cheesy

Ticker   Price           ROI             Volume
BTZ    0.00000022    + 266.7%    0.1

I see what you mean. I mean all the coins that dropped 100%+ in the past 24h are irrelevant here, clearly. The fact that the down (when totaled) is almost 4x as much as the up (totaled) is irrelevant.

Just because you luck out from time to time doesn't make it a good investment. Otherwise people like Warren Buffer would invest money in everything under the sun and say "but some of them worked!" No.

You forgot to read the 2 most important words there in my post. So I highlighted it.

I never said invest all your money in them or double down. That is foolish. However with proper risk control, and some basic trading skills, it's definitely possible to earn that much. I mean the money is right before you, you just have to take it.
3649  Economy / Speculation / Re: Bitcoin is coming back, stronger than ever, with new members! on: October 20, 2015, 09:47:36 AM
Looking at how much "people" registered here in this forum is no indication of how Bitcoin is doing. Account farmers and trolls may have hundreds of accounts to spam with or farm signature campaigns.

Actually it is if you drop the other data.

A person has its limits too, and not even a bot can do that inifnite times before they run out of IP addresses or whatever.

So without a reference point, just looking at the growth curve, we can say that the other data (due to high correlation) is good info, but yes the account registration is not good data.

I hope the forum will have better filters in the future.
3650  Economy / Speculation / Re: Bitcoin is coming back, stronger than ever, with new members! on: October 20, 2015, 09:15:10 AM
When you have spikes like this - that means a new bot maker found a way to break trough the filters.

Shit, you are right, I never thought that bots make thousands of account just for sabotage. This pretty much screws up the statistics.

But i`ve checked the pageviews,nr of posts, nr of topics, and those 3 are correlated, while this one isnt correlated with that, so yea probably bot activity.

3651  Economy / Economics / Re: Economic Devastation on: October 20, 2015, 09:06:07 AM

You are describing utopian totaliarianism here. It is a typical fantasy setting. What it ignores is that there are people who want to be free, and they currently feel that they have certain freedoms, which in the system described would not exist. So they need to be violently repressed to give away their freedoms (does not work), or cheated to give them away (works, but labels your system as unethical and ensures continued resistance by people who learn this). Starting from scratch, many things work, but there is often no way to get there from the current situation.


No. You guys are really good at putting words in other people's mouths. I never said anything about repression/opression , I specifically emphasized that it would be natural.

There would be nothing totalitarian in here, and certainly not a utopia , but as close as it can get.

__________________________

You guys have really a lack of imagination and are confined in a very prisoner mindset. When I talk about achieving unified culture, you immediately thing as if those that dont want to become part of this would be put in concentration camps? No, that is not how it would be done.

I specifically said that it would be a natural process. Do 35 year olds put 36 year olds into concentration camps (and I always come back to this example because it is really this absurd).

So the difference between 1 human, and the other would really be like the difference between a 35 and 36 year old. There would be no more local culture anymore, the same way that there are no more dinosaurs or caveman anymore.

All you would have is different humans with different personalities, but treating eachother nontheless respectfully. You can still have individual issues and hatred but not group hatred anymore, because there would be no more tribalist groups to speak of.
3652  Other / Archival / Re: Last Drink You drank. (daily thread) on: October 20, 2015, 08:21:36 AM
Energy drink, it was refreshing  Smiley
3653  Other / Beginners & Help / Re: Safe Bitcoin Downloads Website? on: October 20, 2015, 08:08:17 AM
download everything on a isolated envyroment, i have a vm for this, you can reduce the risk by a lot

i don't even trust bitcoin.org anymore, which is the official website, or use safebox which i think it's even stronger than a vm


VMware or others do help a lot.  It is still possible for some 0-day virus to get past for example when this happened - https://nakedsecurity.sophos.com/2015/05/14/the-venom-virtual-machine-escape-bug-what-you-need-to-know/ (SFW link that is name of securityblog at front)

So some have managed to get to host machine.   I would try to use separate computers if at all possible.  But I'm over cautious.

Shit and some of you guys say that i`m paranoid.

I get the idea that you hold large amount of bitcoin, but its just better to hold it offline, and then not have to worry about what your download online.

Before bank account logins you just rescan your PC, and they have 2FA anyway so its not like they will hack your bank account.
3654  Other / Off-topic / Re: Bitcoin and Porn on: October 20, 2015, 08:04:07 AM
I think bitcoin is great for the porn industry, many people are afraid for using a credit card risking your identity

Yea the recent porn site hackings are just unbearable to see.

You really need some privacy when you watch porn and other stuff, so yes bitcoin is definitely a good choice. There are cam girls that accept bitcoin too.
3655  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: October 20, 2015, 08:02:15 AM
Mine is faucet and signature campaign ==>gambling and repeat

i would trade instead, at least there if you're good there are good possibility to earn soemthing, poker also is very akin to trading

gambling better not, because you're asking to lose you money, since the odds are against you

Yep trading is the way to go. I used to do gambling but I found out the harsh truth unfortunately.

Trading on the other hand is much easier and you can actually win here, without being lucky.
3656  Other / Beginners & Help / Re: [READ BEFORE POSTING] Best web, desktop, mobile and hardware wallets on: October 20, 2015, 08:00:59 AM
-snip-
My bad, i wasn't aware that a wallet that doesn't relay transaction or having it behind a firewall that refuse incoming connection could be considered a node or a full node. After all you can use them offline and in no way they could be acting as a node while offline.

Core relays and verifies transactions according to the "is Standard" rules. Even if you refuse incoming connections you still have 8 outgoing connections to the network. You still get incomming traffic, you just dont allow others to initiate the connection. A full node behind a firewall with limit to 8 connections is certainly less helpful to the network than a fullblown dedicated server that can handle >100 connections, but its still a full node. This is even true for pruned nodes even though they are less helpfull as they no longer relay blocks. They still however relay transactions.

Offline however I would agree that you should not call core a full node, because without a connection to other nodes there is nothing to verify or relay.

I dont like multibit, its design is ugly and its hard to use for first time users. I had easier time to use Armory on first use than multibit, but they claim that their design is simple.

I think mSIGNA is superior to multibit, and in some cases even to Armory.

mSIGNA is very odd IMHO. I found it overly complicated, you need a full node (as in you need an IP) that it can connect to and you cant sign messages with it. Its certainly a very powerful wallet, but I dont think it should be recommended as first wallet to anyone.

-snip-
1. Bitcoin-Qt: Bitcoin-Qt also knows as Bitcoin Core is the original bitcoin wallet. This is a full-node wallet, which
downloads the full blockchain which is about ~30Gb. Only use it if you have a lot of free disk space.
-snip-

Correction for the OP: core needs ~50Gb currently on Windows (excluding wallet file). Bc.i lists it with 45Gb -> https://blockchain.info/charts/blocks-size


Currently armory is fucking slow, and it requires alot of space, double the blockchain size for its separate database.

mSIGNA probably takes less place and its faster. In terms of usefullness its better. I dont know about the signing part, maybe they added that in later versions.

Also I found out that electrum had 2 new recent releases with new features, I`m really excited for more.

I believe after electrum fixes a few more things it will become the singlemost best wallet out there.
3657  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VTR] vTorrent - Share with freedom | Bittrex on: October 20, 2015, 07:56:30 AM
After a few months away from crypto, I'm glad to see that the Dev didn't run away.

I'm still holding my 150K, this might actually turn out to be one of my better investments, time will tell.

Another whale. I'm keeping track now.

You should keep track of my 5K as well, as this will probably be poorly executed and mega dumped the second the price rises.

Only a few hold vtr, how is the coin even relevant to the application ? What happens when the app is released but the coin is being held by a few?

We have no idea who the developer is or his skills. He obviously couldn't care less about the community..


I'm sorry but this is project is on the verge of scam.  Undecided

A fork and a decent coin distribution (if even the coin is needed) would be probably inevitable.

I dont think its a scam, but I think that the dev has pretty bad community management skills.

Which is both a pro & contra. For a dev this is not a requirement, however altcoin projects dont have a separate manager, usually the dev & manager is the same. If you would have a separate manager, a PR guy, and the DEV separately, then this issue would be resolved.

The PR guy would keep the community updated, and the dev would work quietly on the project.

This way everybody will be updated and the dev would not be disturbed by frequent questions. What do you think guys?
3658  Economy / Speculation / Bitcoin is coming back, stronger than ever! on: October 20, 2015, 07:42:42 AM
Bitcoin is getting stronger based on all data we can gather:

2015 Autumn report:
http://www.coindesk.com/research/state-of-bitcoin-q3-2015/

Google Trends:
https://www.google.co.uk/trends/explore#q=bitcoin%2C%20blockchain&date=today%2012-m&cmpt=q&tz=Etc%2FGMT%2B7

Alexa on Bitcoin.org:
http://www.alexa.com/siteinfo/bitcoin.org

Forum Stats:






Ok here are my predictions:

60% probability: Bitcoin will reach 400$ before 2016
85% probability: Bitcoin will reach 500$ before next halving
90% probability: Bitcoin will reach 700$ before 2017
20% probability: Bitcoin will reach 5000$ before 2017

There are my predictions, this thread wont be edited, so let's see if my predictions come true Cheesy



Current situation: 10/26/2015  & my forecast for the future

3659  Other / Beginners & Help / Re: Did you earn some bitcoin today? on: October 20, 2015, 07:22:18 AM
Shit , not really ,I`m just teaching people here and rambling all day, but hardly get any donations.

I need to start writing a book, and sell it for money, because i`m wasting my finger-strenght here for free Cheesy
3660  Other / Beginners & Help / Re: Bitcoin and Paypal on: October 20, 2015, 07:21:18 AM
If you sell on PP you are screwed because in disputes they tend to lean towards the buyer side.

And also the chargeback shit makes its horrible. Better use bitcoin, its irreversible,and with proper escrow, you can eliminate scams to 0.000000001%
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