Bitcoin Forum
June 01, 2024, 07:49:47 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 ... 166 »
41  Economy / Trading Discussion / Re: Cryptocurrencies now days are more than money! very high cost and fees high now! on: May 21, 2019, 09:19:05 AM
You can consider bitcoin like that and I can understand it, bitcoin has been getting much more attention than it anticipated however right now since the transaction counts are higher than anyone ever hoped for we are getting a bit slower and even more expensive. It is still cheaper than anything in big bulk payments, you can send a million dollars in bitcoin with less time and less fee's, in regular bank deals you need to fill paper works for that much money and you need to wait and you pay a lot of money for it, this is why bitcoin is better.

Obviously, on smaller amount it is getting worse but that is only for bitcoin. If you are going to send a million dollars to someone via bitcoin that is great, but if you want to send 5 bucks to someone you can either use ethereum or any other smaller altcoin.
42  Economy / Economics / Re: Is it a value reserve? on: May 21, 2019, 09:06:08 AM
I think it is funny that these super rich wealthy people are afraid of just one currency that is literally made up in paper and then put to use only 10 years ago by probably someone they would call a nerd.

I mean the power of "nerd" is literally going really up in the recent decade with all the facebooks and twitters and googles and all that, they became the wealthiest and richest people with the most power in the world who are also willing to help the world time to time (at least bill gates does and if not wrong Mark signed a deal to give away half of his wealth to charity when he dies). This sherman dude literally showing us that the new generation of rich will not be only rich but responsible and instead of the boomer period we will have a better world in the future, the potential is right there.
43  Economy / Economics / Re: Cryptocurrencies Pose Risks to Banks, Warns Basel Committee on: May 21, 2019, 08:20:25 AM
Hell yeah they do, the only reason why the cryptocurrencies were created is to risk banks, the banks have been working together for so long and have no competition that they are basically ruling over countries now. Look at countries like USA where banks and other huge companies pay politicians to do whatever they want and they do it because of the bribes, USA is literally run by corporations at this point.

I can't really think why would we allow that to continue, of course we were going to do something about it and crypto currencies are the first step, becoming bankless would make them get weaker in the end and if we can find ways to decentralized communication and internet we will make sure telecom companies can't do it neither and internet with great global reach makes sure people who we used to go to wars with are there and we can discuss it instead.

We are taking away all the bad stuff thanks to new inventions like crypto and building a much better world.
44  Economy / Economics / Re: Mining in the cloud vs simply buying bitcoin on: May 21, 2019, 07:46:56 AM
Cloud mining has always been something very risky, these companies who do cloud mining do take advantage of you and make profit, if there is a way to make profit with mining why wouldn't they do it, they simply get the old rigs from people and then make it work and rent it to you while making money themselves and making you lose money simply from the cost.

They advertise it like it is profitable but when you calculate all the overhead and maintenance costs they are charging you are in debt even before you start. That is why buying bitcoin right away is simply the best method, if you want to do mining yourself then there is always a chance to make profit, sometimes it is great profits sometimes its not but in the end its yours to decide, cloud mining is out of your control.
45  Economy / Gambling / Re: Any News About MoneyPot? on: May 19, 2019, 07:43:50 AM
I think moneypot had a bit of a problem when they updated, that was the time that I stopped using it, I was using them more like a wallet for a long time but after the update I moved to another place and stopped using them and until that moment they were just doing fine.

I don't know what happened after the update but they were promising a lot great things and added a lot of new coins and after all they are not the casino you gamble, they are just the bankroll management system and a wallet, so if you are gambling on a casino that uses moneypot you are still using them, only difference is if there is no good casino tied to them anymore then there is not much they can do. They are as good as their best casino, there was couple of great ones but it appears they are not really played that much anymore which made moneypot not earn money the way they thought they would and that must have caused some issues.
46  Economy / Gambling / Re: Burst Dice! 1000 dice rolls in just couple seconds! on: May 18, 2019, 05:58:04 PM
Affiliate and scam has absolutely no relation at all. Affiliate is when a business tries a new model of marketing where they put the burden of finding new customers upon the current customers in exchange of sharing the profits, that way they do not have to spend money beforehand to get customers and only share when they win something.

It is a great system if it works because that way casinos and exchanges and all that uses affiliate spend zero dollars on marketing but still manage to make more money, customers go out and bring more customers and in return you are making less profit than you normal would but still making profit without working. It is a lazy way but definitely the best way if it works. This and scams are totally irrelevant to each other for sure.
47  Economy / Speculation / Re: Are bitcoin whales complete morons? on: May 18, 2019, 05:08:17 PM
Maybe that wasn't a "whale" ? I mean I know we call everyone who has a lot of money a whale these days but in real world people call rich people who usually keep making a lot of money whales. So for example, in casino world, if someone comes into your casino and plays 10 million dollar bet that night and leaves and comes back next month to do the same all because they are just having fun there that means they are literally whales, they don't care about that money.

Now this person who did all the selling and dropping the price could be an early bird, does he have a lot of money? Sure, does that mean he is a whale? Not in the sense I just talked about, that person is rich but he just got lucky, he is not like wall street CEO rich who keeps getting millions of dollars no matter what.
48  Economy / Trading Discussion / Re: Litigation with Binance - jurisdiction, regulators on: May 16, 2019, 06:08:15 PM
They are based in japan because there is much better crypto laws there. At the time of their ICO and those early days they were in china but they moved their operation to Japan because China is a known against crypto type of country since they want their own currency to be worlds biggest currency instead of dollar but bitcoin makes that difficult by making all currencies worth less.

Now, they are based in japan and if you ever feel like you have been wronged by binance in any way or shape they do have great laws there that prevents those type of stuff to happen again. Once upon a time mt.gox happened in japan and even as early bitcoin days they handled it very well so they are focusing on becoming a bitcoin center country while still holding responsible liable on their actions.
49  Economy / Trading Discussion / Re: Bull or bull trap on: May 16, 2019, 03:42:56 PM
Easily bull, something that went up from 3500 to over 8 thousand dollars can't be a bull trap, the whole idea of bull trap is going a bit high and getting people to buy from those prices and then selling all together to both make them lose and then gain yourself.

If someone took the price from 3500 prices to over 8 thousand dollars just so they could sell all their money and gain profits from it while others are losing then he must have millions of dollars and thousands of bitcoins and I doubt people at that height deal with this day to day movements of bitcoin that much to actually do those small stuff. This was a legit bull run and hopefully it will continue but even if it doesn't that will not mean it was a bull trap for sure since its against the whole idea of it.
50  Economy / Speculation / Re: Predictions: This bull market peak price and month it will occur on: May 16, 2019, 09:03:47 AM
I think we have a strong case for going even higher, we have tried everything we can to come this far but we managed to break all the hard resistance against us and now we do not have that much resistance anymore, it gets easier the higher you get, there is less friction, just like space, it is hard to break that atmosphere barriers and all that but when you are in space even if you do not do anything it just moves, we are reaching to that point soon and we are on that road right now.

We broke all the important resistance and now all we have to do is not sell and hold even if you do not buy, there are enough buyers anyway so not all of us have to buy, we had to before we broke that 4200 levels but now we can just keep our coins and wait until the buyers literally take us to the promised lands.
51  Economy / Speculation / Re: the bull run is confirmed. on: May 16, 2019, 07:57:09 AM
We managed to hit 8000 for the fourth time within this week! This is literally the definition of a bull run.

We have moved more than 100% in less than 2 months, that is more than we could ever hope for in an increase, hell even when we managed to break 4200 and was at around 4600 people started to call it a bull run and even if that wasn't a bull run enough for people we are now at over 8 thousand dollars. That means we have moved much more than any other financial investment method out there, bitcoin once again showed that even though it is the perfect payment method out there it is also the greatest investment product as well.

People may love bitcoin because it has superb protections, decentralized and even for how easy to pay for something with bitcoin but the real awesomeness of bitcoin no matter at what point (even if it is 20k) you bought bitcoin, one day you will profit from it for sure and its not going to bankrupt on you like others.
52  Economy / Speculation / Re: Bitcoin on the way to $10,000 on: May 16, 2019, 07:12:54 AM
It was obvious that when we moved to above 6 thousand dollars it was beginning to look easier for us to go even higher.

After 7 thousand dollars people realized this is not going to stop and it requires less and less "buys" to actually go higher, the sole reason for that is people not willing to sell for cheap and even at 8 thousand dollars people are saying "I am not selling at this price" and we are seeing that affect right now.

We have really transcendent into a level where sellers are not willing to sell and buyers are keep buying which created this 10 thousand dollar price point in our heads but know that if we move beyond 10 thousand dollars it will not stop, that will make it even easier to reach 15 thousand dollars and 20 thousand dollars and more, there is no "enough" in peoples minds when it comes to profiting.
53  Alternate cryptocurrencies / Altcoin Discussion / Re: Which stablecoin is the most reliable? on: May 15, 2019, 05:41:31 PM
NONE. Stable coins are not something that represents the real currency at all, they say they are pegged to real price but that is only viable as long as people make it out to be, if people decide that it actually doesn't worth that much than the stablecoin will fall, there is technically nothing stopping those coins to fall to 1 cent each because even the owners and creators of those coins do not have 1 to 1 backing and as long as the price keeps dropping off and no more people buying it than they could potentially fuel that to a point and will have to stop because of lack of funds and than it will go to zero.

Stablecoins are all a scam, they are literally a way to raise capital and put it in a bank for the creators, they take your money and call it 1 to 1 dollar backed and make profits from it.
54  Alternate cryptocurrencies / Altcoin Discussion / Re: When the growth of altcoins? on: May 15, 2019, 04:15:11 AM
The moment bitcoin starts to slowdown. Even that is not really that needed, when bitcoin first goes up the altcoins either stay the same or go down in bitcoin prices, however after a long enough time people realize they can't really make that much more from bitcoin and the profit they could make from altcoins is far superior so they tend to move their bitcoins into altcoins which result with bitcoin slowing down and even going down and all other altcoins going up so people could profit from it.

It creates some sort of hype for altcoins even if only one or two of them goes up, that spills into all others and everyone starts to buy unheard of coins just to make some money and most of them even do profit from it. It will take some more time though, thats like couple months away from now at least.
55  Alternate cryptocurrencies / Altcoin Discussion / Re: US senators wants to know why Facebook wants crypto on: May 15, 2019, 03:33:22 AM
It is so simple, they want to avoid paying taxes all over the world and want to have one central coin that they are responsible for and pay taxes for. Since they would be the only place that buys and sells that coin (exchanges doesn't matter, that is p2p trade, the real source is facebook) they will be capable of offering their own coin for ads and games and everything else which would really help them have only one coin and that way they will only pay taxes wherever they want as their headquarters (last heard it was Dublin now?) so they can avoid paying taxes.

USA has a ton of taxes for that type of big companies and if they can save up even 5% of their taxes that comes to huge profits, if they save up to 50%+ then they would become so rich they can invest that money into newer companies and acquisitions.
56  Economy / Gambling / Re: [BETA Launch & Free Event] ⭐️ Crashdice.com - 0.5% House Edge, Play or Invest ⭐️ on: May 14, 2019, 05:37:49 PM
Will it be mobile version as in being able to play from mobile web browsers or will it be a fully functioning app ? In any case don't we have too many crash games already. I get it at one time bustabit was super famous and everyone was playing there and bustabit literally had the highest wagered amount of any casino out there so everyone started to make something similar even while using bustabit v1 as well but then it kinda became like too much isn't it ?

There are now a billion of them out there, you have to really put yourself at a distance from all those similar ones and make it a super different one, which it looks like not right now. If you can find something you can do different then it is great but if you can't do that and just built a copycat of all other ones then I am afraid it will be really hard to make it for you guys.
57  Economy / Gambling / Re: ReelDice.com - The Bitcoin Dice Industry meets change [EDITED] on: May 14, 2019, 04:37:49 PM
It is refreshing to see new places take their business so seriously. Don't get me wrong I am not saying this website is good and play here or say this website is bad and don't play here, I am not a reviewer and not someone who can judge a business by myself, I am not qualified to do so. However if I can talk objectively one thing is for certain and that is these guys actually care about their websites and they have been working on it obviously. They saw the feedback and responses from people and decided the best way to actually get more popular was to listen to feedback and react to them and implement the stuff people asked from them and they actually worked on it and did it. So, even if you like it or not all people could agree that they are actually working hard on this project for sure.
58  Economy / Economics / Re: Was Satoshi someone who lost everything in 2008 Market Crash? on: May 14, 2019, 03:45:04 PM
I think satoshi was someone who was already working on crypto currency way before 2008, he was definitely getting his work done faster because of it but if you check the history of all "e-money" type of deals you will see that it was done before 2008 as well so bitcoin just got more famous because of 2008 but was not created because of it.

I am not so sure about the discussion of "was he one person or was it a whole organization" because at the end of the day there is a lot of bitcoins out there owned by him that is not touched at all, he hasn't written anything at all and he might be even dead by now. So long story short I feel like bitcoin was not created because of 2008 and he was in talks with previous creators of early e-money type of stuff which is enough proof that he didn't lost anything in 2008 to create bitcoin.
59  Economy / Economics / Re: Deflation based currency such as Bitcoin to counter promote economy. on: May 14, 2019, 03:10:07 PM
It does work in a sense that its a great investment opportunity. When you have a currency that promotes holding and waiting out that becomes an investment, if you are going to make a currency that you want people to invest then what bitcoin is doing is great and that is why I definitely prefer this over investing into banks or investing into stocks and so forth.

Nevertheless, when it comes to using bitcoin for daily stuff it is making a bit of a challenge, why would you want to spend something that will get bigger in price ? The thing you bought for 100 bucks right now could worth 200 bucks tomorrow with the bitcoin you paid, so you are going to consider how if you paid with fiat only 100 bucks will be gone but your 200 bucks worth of bitcoin is gone now which makes it harder for mass adoption since people prefer to keep it.

It is not destroying bitcoin at all since its still a viable investment option but its creating issues for daily use for sure.
60  Economy / Gambling discussion / Re: The Best and Fairest Online Gambling Site on: May 11, 2019, 06:13:21 PM
The important part is not checking objectively which website is the fairest or the best for some people. They prefer to showcase the websites they feel like the fairest and not answer people objectively.

I could be part owner of a website or even have affiliate network there which makes me earn a lot of money and I may want people to bet there, that doesn't stop me from claiming that the best website is my website, I can do that all day and I can honestly make it look like it is the fairest website of them all. That doesn't mean mine is the fairest, it doesn't mean mine is not the fairest neither, it could be but it just means I am not objective enough because I have personal interest in it. Those people should not be here claiming this is the best or that is the best.
Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 ... 166 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!