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3801  Economy / Speculation / Re: Bitcoin Price Drop From $249 on: May 15, 2015, 10:31:21 AM
Bitcoin will rally when nobody wants to own bitcoin anymore and we are truly blood in the streets.

Makes absolutely no sense for a market maker to just mindlessly pump money into a system when everybody is expecting price to go up.



that. and whales know most people already bought in and are waiting for the price to go up. pumping bitcoin now is like destroying capital.
3802  Economy / Economics / Re: How will Bitcoin replace banks as far as loans and interest are concerned? on: May 14, 2015, 11:02:17 PM
very simple. people here can create a "bitcoinbank" to give out loans to make sure people get what they need. it's not that different from how banks work right now. only bitcoin is more open to new idea's where current banks are not.
3803  Other / Beginners & Help / Re: Did you earn some bitcoin today? on: May 14, 2015, 06:46:19 PM
Yeah, I earned exactly 0,0001 BTC today from coinurl ad campaign. Getting rich very quick  Grin

not sure why a very high ranked senior member find it worth mentioning and gets excited over 0.0001btc  Huh 1 post of sig campaign would make you 10 times more than that.
3804  Other / Beginners & Help / Re: Difference between physical meetups and online exchanges on: May 14, 2015, 06:42:26 PM
Find an ATM with realistic fees. Best of both worlds. There are some out there that have less of a premium than localbitcoins.

some atm's require you walk through a very annoying verification process. and beside that, you don't know what or who is saving your data.
3805  Bitcoin / Bitcoin Discussion / Re: Banks and Bitcoin on: May 14, 2015, 04:09:26 PM
Hi evrybody,

i have a general question.

in your opinion, how banks can earn with bitcoin?

I do not think Banks and Bitcoin can co-exist, since one of the reasons most people get into Bitcoin is to get away from the banks and their fractional reserve,
which is something that cannot be done with Bitcoin.
They cannot make Bitcoin appear just by punching some numbers on their computers.

banks and bitcoin can perfectly work and exist together. not sure why you think it's not possible. most banks are simply not interested in bitcoin itself. there is no reason for them to earn it. on the other hand, there are open minded banks who are genuinely interested in bitcoin and might even go further than only showing interest.
3806  Bitcoin / Bitcoin Discussion / Re: How many new jobs have been created thanks to Bitcoin? on: May 14, 2015, 04:04:01 PM
look at coders, they are in great demand if their skill level is top notch. designers, writers, casino's, exchanges, etc. it's just the beginning. in potential you can build many things around bitcoin and that in return will create jobs.
3807  Economy / Speculation / Re: What will be the price of bitcoin when it has almost reached everyone as fiat? on: May 14, 2015, 09:06:34 AM
it won't happen. stop dreaming. this is pure nonsense. we must be happy with the price reaching $5000 within 20 years. governments will at some point create their own digital currency.
3808  Economy / Speculation / Re: Whoa, who let the Bears out ... ? on: May 14, 2015, 09:01:01 AM
someone cashed out 14.3k coins on bitfinex.

Time will tell as to whether they got a good deal or not.

nope. it's the total volume. definitely not caused by 1 person. bitfinex makes things look worse with its huge volume, while in fact not much has happened. it went only down a few bucks.
3809  Economy / Speculation / Re: End of the Bear Trend on: May 13, 2015, 11:51:04 PM
Damn its been 6 years with this coin.

And we still going strong, yeah minor set backs of no choice like mt.gox making the coin back down, but overall view from what I see its on the incline.

If you see that graph it goes all the way back when it was like $1.00 value lol.

bitcoin is stronger than ever. when the price was dropping from $600 people were saying miners will shut down miners and difficulty would decrease significantly and so on. bitcoin proved these people wrong.
3810  Economy / Speculation / Re: Bitcoin Price Drop From $249 on: May 13, 2015, 07:04:47 PM
Bitcoin price is still in an obvious downtrend



Weekly close over $300 could signal end of the bear market or we could easily see $100 level tested IMO.

there is no reason for the price to go below $200 and there also is no reason at the moment for the price to go over $300 it will just bounce in between these levels.
3811  Other / Beginners & Help / Re: Best way to earn Bitcoins? on: May 13, 2015, 04:01:09 PM
Buy some UltraCoin.
Wait.
Sell UltraCoin for more than you bought it for.

actually many options for buying coin, no need to wait ultracoin. whether this sort of trading? wait coin down and buy it? then sell it?
in my experience whenever someone is advertising an altcoin like this, it is usually because it is falling apart and the person is a bag holder with high hopes.
not that i am saying it is true about this case but it was always this way so far...
Or in other words. Pump and dump so that you have a big profit. Pump and dump are so very helpful to the businessman. They but altcoins and then wait for a few days and they sell it more than they buy it.
yeah. without Pump and Dumps no one could profit (fill their pocket with bitcoin) by trading altcoins. it is only the matter of finding it.
i used this method and still using it, but in my experience i have never seen someone advertise a coin which is going to be pumped, it is always being advertised after the pump and when it is falling Cheesy
Because if you advertise and its going to be pumped they will not give you an importance because the price of altcoins is low and they will buy this altcoin so that they can stored it and they dumped it when the right time come they will sell it higher than they bought it.
Is there anyway to know if a coin is going to be the one to invest in? Would there be a technique or some kind of activity in its value that would make it likely for you to buy low, sell high and make profit? I have a feeling that there is no such thing, but is there at least something, just a little hint, that says 'invest in me'?

no. because altcoins are not an investment. it's pure gambling. some altcoins last longer than others due to the coin having people behind it with coding skills. but 95% of the altcoin devs are not devs. they just bought the coin.
3812  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: May 13, 2015, 02:41:01 PM
of course the price matters. it matters for 90% of the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin. which isn't the case right now.
3813  Economy / Trading Discussion / Re: Good ways to invest Bitcoins on: May 13, 2015, 10:40:19 AM
i find it risky to diversify too much into altcoin, you need to choose at best 3 altcoin carefully, and only the big ones, yeah i know that some unknown ones sometimes explode and give you x10-x25 but is too much of a gamble

i think that dash is just a pump and dump trash, nxt and monero may be better choice

altcoins in general are one big pump and dump scheme. altcoins, it doesn't matter which one are not investments. it's pure gambling.
3814  Bitcoin / Bitcoin Discussion / Re: BTC in your country on: May 13, 2015, 10:19:31 AM
here in the netherlands there are several places where you can spend your coins. you can buy pizza if you wish coffee clothes and so on.
i would also like to see a supermarket accept bitcoin. that would be epic.
3815  Economy / Economics / Re: Bitcoin trading strategy on: May 13, 2015, 10:15:49 AM
most important thing is patience. if you have that then trading is very easy and it requires very low effort. buy low sell high.
3816  Economy / Economics / Re: Bitcoins investing risks on: May 13, 2015, 10:11:55 AM
about the fraud risk, i'm interested to know this, how can you sell false bitcoin aside from double spending?

Imagine that i'm a buyer and i have 1 BTC ok ? and i have to buy two goods each one price's 1BTC,so i need 2 BTC to buy them,but the principal idea of fraud is to buy them in same time exactly before one of them complet its 6 confirmations,if i do that i can earn tow good's amunt 2btc against 1 btc,
One of the transaction will be completed and the other cancled,i hope its clair

that what you explain is double spending. he wasn't talking about double spending. selling false bitcoins can be done if people have an altcoin wallet installed that makes the owner think it is a bitcoin wallet. when you think you receive 1btc you basically receive 1 shitcoin. newbie users install lots of stuff that they don't know.
3817  Economy / Speculation / Re: What price of BTC will be? on: May 12, 2015, 05:38:25 PM
My current feel about the price is that we are going to see a very long term on the 200-300 range with some ups peaking at about 450. Overall the price will go up finding new floors slowly but it will be way to slow for the average joe to realize that, so weak hands will kee being shaken.

finally some one who's being realistic. there will be a lot people who are selling because they simply don't have the patience to hold long term.
3818  Economy / Trading Discussion / Re: How Much $$$ Are You Willing To Risk Trying To Live By Selling Bitcoin? on: May 12, 2015, 11:05:47 AM
whales make loads of money every week by manipulating the price easily on exchanges like btc-e and other thin orderbook exchanges.
3819  Economy / Trading Discussion / Re: Where do you sell coins ? on: May 12, 2015, 11:02:25 AM
kraken is my exchange of choice. they are very fast with processing cashouts and you have the money in your bank like no other exchange can in such quick fashion.
3820  Economy / Speculation / Re: What price of BTC will be? on: May 12, 2015, 09:52:42 AM
i think the real ath will be max around at $3000 which is more than enough to ensure bitcoin holds a decent market cap.
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