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4381  Bitcoin / Bitcoin Discussion / Re: Baidu Stops All Bitcoin-Related Advertising on: August 26, 2016, 07:47:32 AM
For those who don't know, Baidu is a Chinese search engine and according to Alexa.com, It's considered as the fourth most visited website in the World.
In which ways ? They will be losing out on a lot of ad revenue.If they're fine with that,why should we bother ? Cheesy

Whenever there is good news , bad news follows for some reasons. (Twitch re-adds Bitcoin as payment method and now Baidu stops everything related to it).
How many people even use Baidu?Don't think that will be doing any bad to the bitcoin world except for faucets.Do you think they will stop showing faucets as well? Faucet==Bitcoin adds==Against baidu's new terms and conditions?

Cointelegraph gave two possible reasons since Baidu didn't make any statements.
- Because of Ponzi schemes which they can't control
- Because government asked them to.
Well,they can always check the businesses before advertising them ?Simply putting a ban on all the advertisements which endorse any bitcoin related investment procedures should have been a much simpler solution

Chinese probably have a better knowledge about Bitcoin then most of the Bitcoiners so I don't think they could fall for Ponzi schemes that easy s, In the other hand I don't think government asked them to do that either.
That's a myth!Don't be surprised to know that Chinese are well versed in running biggest ponzi schemes.

So , where Bitcoin is heading... for real ?
Not sure where that is coming from.What any of these has to do with the future of bitcoins?You're blowing it out of proportions!


Almost every Chinese out there use Baidu daily. (number of users of internet in China is +700,000) so I guess It will affect Bitcoin on one way or another and yes faucets will be affected as well. (anything related to btc or crypto currencies)
Yeah, was just going to say that Baidu actually has a global market share of 7.52%, so this is certainly not some small search engine.
Here are some more stats if anyone's interested: http://expandedramblings.com/index.php/baidu-stats/
4382  Bitcoin / Bitcoin Discussion / Re: Let's get GOG.com to accept Bitcoin on: August 25, 2016, 10:17:46 AM
Nice to see that so many people are still voting, I might send them another message in a few weeks and post the link to that petition to show them the support.
But I'll be careful not to spam them Smiley
4383  Bitcoin / Bitcoin Discussion / Re: Your friend just know about Bitcoin and said he just invested into cloud mining. on: August 24, 2016, 07:19:13 PM
I would just ask my friend if they know it's a scam.

If he says, "Yes," then that let's me know that he knows what he's getting into and leave it at that.

If he says, "No," then I would explain what I know about them and let him still make the decision for himself if he wants to continue with it or not.
Not all cloudmining services are a scam, I would not say that Genesis-mining is a scam.
Now, if it will make a profit, that's another question.

I've personally made a profit through Genesis-mining by getting paid in Dash and selling it when the price was pretty high a couple of months ago.
4384  Economy / Trading Discussion / Re: How do you trade with crypto currency? on: August 24, 2016, 07:14:49 PM
Hi there,

I've started trading a few months ago with a very small amount and it was quite effective for me. 80% of my trades are based on technical analysis and 20% on rumors, tweets, announcement, etc.

I'm curious what is the most common technique do you use for trading?

Good luck,


Rumors for me as well. Actually I had a bot developed for exactly this about a few months ago  which looks into the market sentiment about a coin and based on that I trade. But things get really complicated, so I just rely on normal trading while investing big amounts in coins I hope will do good in the future and I later sell them in the long term.
In general, a bot would be more effective because it makes decisions faster than you could do. But I wouldn't recommend using a bot if you don't know the basics of trading.
There are a few bots available for crypto trading specifically.
4385  Bitcoin / Bitcoin Discussion / Re: Let's get GOG.com to accept Bitcoin on: August 24, 2016, 03:05:28 PM
I've received a reply from GOG, it's not what I had hoped for, but here it is:



I still hope that they would consider adding Bitcoin in the future though.
4386  Bitcoin / Bitcoin Discussion / Re: Let's get GOG.com to accept Bitcoin on: August 24, 2016, 12:59:33 PM
Would be great to see another place accept bitcoin Smiley

But, steam and origin dominate the and only few people who know/use GOG.
Also, steam provide various currency and publisher/developer usually give cheaper price to 2nd/3rd country compared with GOG.com

Gog has a really nice niche market for older games specifically and I've mentioned Steam and G2A in my mail to them, always a good idea to mention that their competitors are offering more features than them Smiley
4387  Other / Beginners & Help / Re: How do I become a Bitcoin/Blockchain Expert on: August 24, 2016, 12:34:23 PM
There are a few courses available on Udemy, but I can't comment on the quality of them and I'm not sure if any of them really cover the inner workings of Bitcoin and the blockchain.
Take a look here:
https://www.udemy.com/courses/search/?ref=home&src=ukw&q=bitcoin&lang=en
4388  Bitcoin / Bitcoin Discussion / Re: Let's get GOG.com to accept Bitcoin on: August 24, 2016, 12:29:42 PM
Well this topic is quite old. Did they answer to your wish ?
I've just sent them a mail asking if they would consider adding Bitcoin payments in the near future, will post the reply when/if I receive it.

Great ! Let us know if you need any help along the process.
It would be helpful to add a comment to the petition if you already have an account there, or if you don't mind making one.
Here's the link to the petition again: https://www.gog.com/wishlist/site/the_ability_to_purchase_games_via_bitcoin

You can also send in suggestions, through their support, no account needed for that.
https://www.gog.com/support/contact
4389  Bitcoin / Bitcoin Discussion / Re: Let's get GOG.com to accept Bitcoin on: August 24, 2016, 12:12:41 PM
Well this topic is quite old. Did they answer to your wish ?
I've just sent them a mail asking if they would consider adding Bitcoin payments in the near future, will post the reply when/if I receive it.

4390  Bitcoin / Bitcoin Discussion / Re: Twitch Re-adds Bitcoin Payments on: August 24, 2016, 12:07:31 PM
While it's nice to see Twitch re-adding a possibility for paying with Bitcoin it's less positive that they are using Coinbase. There has been a significant number of user complaints regarding Coinbase, leaving the impression that it acts similar to Paypal.

In general it is disappointing to see so many companies using third parties (payment providers) to accept Bitcoin. Even disregarding the privacy issues that come with using US payment providers it is also detrimental for Bitcoin's success as a independent currency, because complexity, time lags and transaction costs are added to the transactions. After all, Bitcoin was invented to make owning and managing money independent of third parties (government, banks) easier. Given the simplicity of accepting Bitcoin without the help of third parties it is not understandable why the majority of companies acts this way.

ya.ya.yo!
That's what I was thinking too, though it's better than not accepting Bitcoin payments at all.
But I am dissapointed that they're using Coinbase's name in the payment logo instead of just using Bitcoin itself.
4391  Bitcoin / Bitcoin Discussion / Re: Let's get GOG.com to accept Bitcoin on: August 24, 2016, 11:57:16 AM
The petition is still going on so please vote if you want to buy games with Bitcoins. They sometimes have very good offers on new games as well, this weekend they had Witcher 3 for $24.
Weird to see this topic from 2013 being revived, but it's acceptable in this case, people are still adding lots of comments now in 2016.
Has there been a new reply from GOG themselves about this?

We might be able to make it happen if enough people here go over there and make a comment about it!
4392  Other / Off-topic / Re: Save you Bitcoin for your (grand) child / children? on: August 24, 2016, 11:53:14 AM
This is something I have been considering recently as I have just got the 1 toddler, would it work out better than any standard ISA or saving account, possibly and it would definitely be safer then a traditional bank holding your money as you will have complete control of the keys. 
You can't be 100% sure that Bitcoin will still be around that long, while I think it might be a good investment, it's always better to diversify a little and also invest in something else.
Not talking about a savings account, but maybe precious metals.
4393  Bitcoin / Bitcoin Discussion / Re: Most Valuable Right Now? on: August 23, 2016, 12:57:12 PM
The most valuable thing I have bought with Bitcoin was my Samsung Galaxy s5, back when it was priced around $700.
But since then I think I've spent more overall for my mobile plan and ordering food online.
4394  Economy / Games and rounds / Re: ►►►Crypto-Games.net | Bitcoin and Altcoin Casino | 2nd Birthday Giveaway! ◄◄◄ on: August 23, 2016, 12:32:28 AM
Nickname: eternalgloom

I like Crypto-Games.net because:
They have one of the best dice games that I've played personally. Also, very interesting terms for investors accompanied by pretty extensive stats on their games and different coins.
Plus, they also support a diverse range of altcoins on their website.
4395  Bitcoin / Project Development / Re: New Merchant Features! on: August 19, 2016, 08:13:42 PM
The way Bitcoin works is already good, we do not need things such as smart contracts, there are other altcoins that offer that kind of functionality.
You really want to depend on a shitcoin to connect the dots left vacant by bitcoins ?The problem is,merchants probably haven't heard about them.I don't really mind seeing smart contracts implemented as a party of bitcoin project,including a third party dev.Although that does not seem feasible but certainly a topic to think about.

And you can already incorporate messages in your transactions through Blockchain.info and IMO we don't really need that.
That does have a length restriction right ? Don't think it can fit an entire contract.

He wasn't saying to use that for the contract, but for including information like an address.
Asking for donations for an idea that anyone could have thought about, ideas aren't worth anything if you're not willing to make them happen yourself.

If this can be implemented as some external service, fine, no problem. But not as a part of core, and good luck getting that implemented.

Anyway, would still like to see what other people think of the idea.
4396  Other / Off-topic / Re: Will you accept bitcoin as your salary? on: August 19, 2016, 02:21:44 PM
Bitcoin it's a money, I would accept btc as my salary with pleasure, why not

Funny...  Cheesy Are you really thinking that you could just keep your salary after receiving it? or it's just fine for you that the value of money keeps on changing when you convert it to fiat... It will be convenient to accept bitcoin if you could use it as it is regularly...

Double benefit - it's a salary and a lottery - maybe once I get my btc price will suddenly rise?  Grin
I would not compare Bitcoin to a lottery, it's a risky investment, but you would never be losing everything.
Getting paid in Bitcoin is also pretty easy thanks to Bitwage, but I'm sure that has been mentioned already, but I'll post the link anyway.

https://www.bitwage.com/
4397  Economy / Gambling discussion / Re: One month free TIPS on: August 19, 2016, 02:15:41 PM
so this is just more than 15 days on this thread, and OP start to give free tips from august 12,so i am really curious, any body got much from the winning? unfortunately, i dont make a bet from this because i really afraid to loss my money again, but i am really want to know how the result so far with other member who applied his tips. thank you
He has a 50% win rate, so if anyone has won anything from this thread, it's just pure because they were lucky.
Now I don't mind that he keeps this thread up, maybe he will imprive, but with these stats, I would not be taking this tips into account.
4398  Bitcoin / Bitcoin Discussion / Re: Megaupload + Bitcoins on: August 19, 2016, 02:11:42 PM
But in the end he's just a fat ass who once had an idea to rip people off their money

Whose money did he steal? I never heard about that story. He was (allegedly) involved in an insider trading scam, but I've never heard about him just straight taking money from people.
On his Wikipedia page it says that he has been convicted for fraud and embezzlement, isn't that kinda similar to just straight up taking away money from someone?
4399  Economy / Economics / Re: Best way for steady income on: August 19, 2016, 02:08:34 PM
Hello All,

What you think is the best investment to gain steady income in btc without actively doing anything?
So no trading/gambling/loaning etc.

Steady income more likely to be 'small & secure' than 'big & risky'.

Thanks,
BR Oinas

only way to get steady income is investing i think, but investing in gambling sites are very risky so i think you should invest in good mining or other site
Well, investing in gambling site is risky but not as risky as investing in mining sites as base of the trend in the past more number of online mining sites have scam their investors than online gambling sites. You will actually be a guaranteed with investing in gambling sites if the owner will not take your money because house always wins.

I've seen people talk a lot about investing in gambling sites (so-called investments in bankroll). Anyone dares to call a name, one such site currently active that allows investments from outsiders?

A few such sites that come to my mind ended badly
I've had good experiences with Crypto-Games, you can invest as little as 0.01 BTC and withdraw after 24 hours.
But they're going to charge a fee for investments under 3 weeks (If I recall correctly) starting September. This is to encourage people to invest more long term.
4400  Bitcoin / Bitcoin Discussion / Re: Rakuten have purchased Bitnet to start a blockchain lab on: August 19, 2016, 02:03:16 PM
Who is Rakuten? What is Bitnet? And at what local bitcoin meet up, and where?

Please give more details so that we could all assess the information. It would also be nice if you could provide urls of the story if they are available.

A simple google search will give you who these companies are, and regards the story it hasnt been released yet, its due out Monday.  Do you really need spoon feed Huh
He was asking a pretty fair question to be completely honest, when someone mentions Steam or Ebay, people will recognize it, but Rakuten, have no idea...

From Wikipedia:
Rakuten, Inc is a Japanese electronic commerce and Internet company based in Tokyo, Japan.

And

https://bitnet.io/
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