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4501  Economy / Speculation / Re: New record being at 1000+? on: February 11, 2017, 07:15:13 AM
This year price will be recorded as the best price, as well we have been experiencing a good stable price above $1000. This is getting continued even after several drops in price. I believe through out this year the price is expected to stick to prices above $1000.
4502  Economy / Economics / Re: Bitcoin or zcash? on: February 11, 2017, 06:38:53 AM
Several currencies have been existing regularly, and very few are lasting long getting the trust of the people around the world. In such a scenario bitcoin will be the one to be the worthiest and zcash recently had a big pump but will not last longer.
4503  Bitcoin / Bitcoin Discussion / Re: In Europe, bank transfers are free and unlimited for all on: February 11, 2017, 05:57:35 AM
Just based upon fee, the goodness of the banking along with bitcoin cannot be compared. Bitcoin is an evolution in the technology advancement which has evolved as a payment gateway and soon after this got used in transaction purpose which got the attention of users to make bitcoin the potential alternative to banking and become the best.
4504  Bitcoin / Bitcoin Discussion / Re: The Reason Bitcoin will always be #1 on: February 11, 2017, 05:38:08 AM
bitcoin definitely can't be replaced by any other alt in the near future , but you can't be certain what will happen after 4 years or so
so far bitcoin is doing good and it's accepted by a lot of sites , sites that accept alts usually accept bitcoin too but the opposite isn't right
but as I said we can't be certain about the future , but the odds are in bitcoin's favor  Smiley
i do not think that even after 4 or 5 years bitcoin is going to be replace by any other currency. bitcoin is the number one currency of the world and will be remain as number one currency for every. bitcoin popularity is increasing day by day people now getting awareness and therefore the number of bitcoin users are increasing that is a good sign for the development of bitcoin.
Bitcoin won't gets replaced by some other cryptocurrency in a short or after a few years time. Day after day bitcoin popularity is increasing as the people are benefitting much through bitcoin. Bitcoin was never been promoted through media, but it has grown to such a big level through us in a very short term. This confirms bitcoin to be the top cryptographic currency.
4505  Economy / Gambling discussion / Re: Where and which part of day do you gamble? on: February 10, 2017, 06:08:11 AM
I gamble at the end of the day after work so I can distress myself but I don't gamble too much money only a few dollars every session and I play about three to four times a week to limit my exposure. It's just entertainment anyway so that's my goal. I also sometimes bet on NBA games so that's what I do in the morning before work, and I secretly watch the games at work.
Me too used to involve into gambling by the end of the day. Most of the time stress increases, due to the loss and on the days of winning I used to spend more time continuously. Most of the time I prefer dice and tennis in which strategy making is little easy compared to the other games.
4506  Economy / Gambling discussion / Re: What Is Your Worst Moment in Gambling? on: February 10, 2017, 05:47:22 AM
Though I prefer to gamble with small amount the circle around me insisted to go for a bigger amount, so that can earn good. Without going with my decision and moving based on others decision because of the greed made me loss the entire amount in single event which I earned little by little from several events having very low odds.
4507  Economy / Trading Discussion / Re: Best practices to do or trade while bitcoin is dropping on: February 10, 2017, 05:27:00 AM
Best practices for me is that we should not panic when bitcoins price would tend to decrease and you are right bitcoins price yesterday have dropped almost on $926 as far as i remember but now its already gradually increasing and reaching up again the $1k price. Ive sold some of my bitcoins when i saw its peak price ensuring profits.

At times of decrease the price won't get stick to a fixed price. It reaches a low bottom and gives a gradual increase and then stabilizes within a margin. So at this time should not get panic and should buy few coins if possible which gives a small profit when price becomes stable in a short, same as that experienced from $926 towards $980 right now.
4508  Bitcoin / Bitcoin Discussion / Re: What about the idea of a bitcoin shop in big cities? on: February 10, 2017, 05:11:01 AM
Of course it takes a bitcoin debit card functions is same with credit card or bank debit card. Transactions at the shop of course need the speed, if the time of the transaction we have to open the wallet of course it takes a long time and is not practical.
In my country, despite the fact that the government has not yet officially recognized bitcoin, yet on the websites of some banks appear able to buy and save bitcoin on their base. Even some payment systems provide a Wallet account, but with shops and shopping is still very difficult.
Most countries have the same scenario of being in the base to accept bitcoin and create regulations on its usage. Same time the popularity is increasing among all range of people. On account of this business getting initiated right now with bitcoin will be successful. In a recent thread found a listing service for bitcoin shops in big cities to make people use it directly finding them through the internet. These kind of services will enrich the use of bitcoin which makes the business people earn good.
4509  Bitcoin / Bitcoin Discussion / Re: BitCoin - Reducing Risk on: February 10, 2017, 04:55:49 AM
Hello Everybody !

I am a French Student in a Business School, and  currently working on BitCoin

On a last topic, I asked if it is possible to monitor or at least reduce the price volatility of BTC, but it seems not to be  the case (or in a very hard way so)

Now I have another question: are there ways to reduce / or at least to limit the risks for a company when a sudden fall in price happens ?
Like a financial package, or baskets of stocks ...

Thanks for your answer !

Quentin
Usually the companies that starts accepting bitcoin on their business
make deal with https://bitpay.com/ this service will convert automaticly to fiat money
when there are payment use bitcoin, I think this way is good to reduce risk
 because of fall in price for companies.
Making an agreement doesn't make the business risk free. Bitpay is just a support system which just gets bitcoin from the people and pay to the companies in fiat on basis of small commissioning in respect to the price variation. So based on the price at the time of purchase fiat will be transferred to the trader.
4510  Economy / Speculation / Re: Can the price of bitcoin still skyrocket on: February 09, 2017, 05:38:59 AM
The price of bitcoin can still skyrocket I think. As far as we can see, it's price is slowly moving upwards but it looks healthy that way. In the next few weeks or months, There will be a skyrocket if this current pump continues and many more users might start using bitcoin too that might help drive the price up even more. The bitcoin holders also help in this current pump by not selling all the coin they got now.
The price of bitcoin is quite stable and moving within certain limits. The market of China as well other issues haven't impacted much. This is the real potential growth, expect that the price will skyrocket soon, else can experience by the middle of the year , as the price is in the increasing phase from the year start.
4511  Economy / Gambling discussion / Re: Gambling Excuses on: February 09, 2017, 05:18:57 AM
Did you ever gamble with other's money to pay your own debts or otherwise to solve a certain problem through gambling?
No never! i have never borrowed money to gamble nor will ever. it's a bad thing to borrow money for gambling, it's a sign of addiction if one borrows money for gambling. 

Gambling money with own money is risky but to borrow money and then gamble is even more risky. Just think that that you take a loan and lost it in gamble, how will you return that loan ?  Yes there is a possibility that you win with the loan and return easily but why take such a risk ?

You will all be surprised how much people are gambling with borrowed money. Some do get it back and plenty don't. You all can check the lending forum and see for yourselves how much people put "gambling" as their reason for the loan. I don't think it is bad if you just suddenly want to gamble and you borrow money from other people just be sure you pay it back. Not paying back is what is bad.
They are making stupid actions, you cannot be successful in winning gambling using borrowed money. It's not good to feel confident of ourselves that we can win when the reality is we are losing, what makes us lose is very we do not accept defeat and we make a lot of excuses and the moment you borrowed money to gamble, you will be facing a bigger consequences when you lose it.

Yes I agree with you, no one will be successful using others money for doing gambling because its not your effort to earn that money, and the best is you use your own money so that there will be a lucky blessings to come at your end. There is a possible failures which result you in losing that money you borrow and you dont accept failures, and yet you have more excuses to stop gambling thats why it resulted to borrowing money for another gambling activities.
Borrowing and gambling is a worst decision in gambling. People with their own money into gambling itself not successful. Only 40% seems to be successful with the luck and very few have become elite just because of gambling. In such situation gambling with borrowed money is double the risk.
4512  Economy / Economics / Re: The future of the paper money on: February 09, 2017, 04:49:15 AM
Currently many trial digital money, so I'm sure slowly the use of paper money will be reduced so that the right will be omitted. One of the things that make digital money is easy it is State control of the money supply.
As quoted above several digital currency based upon several countries government has been under trial. But those were with limited function to be used within the country or state. As said making money supply is easy and cost of paper money generation can be eliminated but risk of usage in illegal and relating activities might increase. I believe at some corner of every country paper money will be used even if digital money gets circulated with regulations.
4513  Bitcoin / Electrum / Re: Unconfirmed for over 48 hours on: February 09, 2017, 03:57:00 AM
I made a transactions over 48 hours ago and it is unconfirmed.  I have been buying BTC since early 2011 at $7.

I've never had an issue with unconfirmed transactions and, I'm not sure what to do.  I used Electrum to  send my coin as I have many times.

I see that I messed up and sent all my BTC which left a tiny fee.  I'm not sure how to backup Electrum and pseudo double spend my coin.

Can anyone with experience help me cancel this transaction?

https://blockchain.info/tx/b84e73ee4e76362c2a950077a94191819ed0713fb5418fd50cafd3d5aa08001d

 It already has 11 confimations.  Are you taking the piss?

In this transaction he has got 11 confirmations which he's not aware. These days more transaction have been getting delay in confirmation than the usual time even if high fee is used just due to the overlapping taking place between transactions with the same fee recorded into the database.
4514  Bitcoin / Bitcoin Discussion / Re: Is there a chance Satoshi is dead? Car accident, heart failure, ect on: February 09, 2017, 03:24:19 AM
As no one has the proof that Satoshi is still alive, as well doesn't have any identity about him makes the users to start several threads to know something about him. If he's hiding himself then I would pick one thing from the Op's quote that he might be under the surveillance of NDA.
4515  Economy / Gambling discussion / Re: Will you bet on "Sports" games that you don't know? on: February 08, 2017, 07:07:31 AM
i prefer on sports that I know and follow. I will not put up without having knowledge of the team because it usually makes losing money

Yes it is the best thing to do, Just follow the sporst that you know so that you can't blame your mistake to others. Because if you'll bet on the sports that you don't know and you are just follower of a tipster thread. If you lose, then you'll blame the analysis and choice with that thread but its your choice, better to gamble what you know.
to me  although i mostly play gambling on such sports where i have good experience for example in foot ball and cricket i have good experience to gamble Because i know all the players and cricket team on international level.i know all the good and weak point of all the cricket and football players therefore i am very confident while playing gambling on such games but still some time i also play gambling on such game where i do not have any experience.

That's good thing for you but for me I need to check it out first if that game is suitable for me. I don't want to play games that I'm lack of knowledge and I just want to make sure that while betting I have the confidence and I know what I'm doing and betting. Because I don't want to blame myself whenever I lose for the games that I don't know.

Without having knowledge on the game and you do betting means, It's not sports betting we call it it's slot games betting. Yup in slot games only we play blind games without thinking anything here the result depends on our luck. Same thing happens if you play betting on without knowing games.
Yeah, as mentioned betting is purely have 50% winning based upon luck. So betting on sports that we don't have much idea to is not a big matter. I have tried this in the early days of entering gambling. Later on started to participate in sports events in which I have at least some strategy making knowledge.
4516  Economy / Speculation / Re: Sell or wait? on: February 08, 2017, 06:51:00 AM
In my opinion its better to wait to see what happens on march with the EFT, if it receive the approbation bitcoin could make a big increase on its price.

i don't this so. if the ETF can have any kind of effect on bitcoin, that would be a temporary one where it gets hyped up a lot and then price has a sudden rise kind of thing and in then end we are left with a small bubble and coming back from it.

Whether that ETF will happen or not. For me it is going to be the best thing to wait. There are more upcoming great years for bitcoin and just sell it when you really need to do so but if you don't then just let it be and wait for the right time to sell it. I keep on believing that bitcoin will go beyond on its current price.
There is no need to wait for the ETF to happen, because the small variation is more than enough to trade and get the profit. Everyone hope for a better price more than the current price, but the same has the problem of fall in price. So make a prediction and grab the right profit at the right time.
4517  Economy / Economics / Re: Is it better to save money or invest it? on: February 08, 2017, 06:33:19 AM
If there is another real income, then do not worry and keep on bitcoin wallet and do not touch it for the time being. But if it bitcoin income for today's needs, it is best to think of his code to invest today. I am in favor of bitcoin to buy something that can be profitable now. It can be both commercial transport and real estate.

i am sure that there are good investment in out there and we need to find it, i think it will be good to keep our bitcoin and the other side we can still investing with the investment program and we can take the profit and grow our bitcoin more than before.
By investing your bitcoins, you have the chance to double your earnings or you could lose it. For a safer move, I believe holding our bitcoins for long term is the best action, it's risky but at least we will not lose easily, even if the price will fall back again, it is going to rise again as I believe we are bound for success.
Investing in bitcoin doubles the earning. For a better and more secure investment its good to hold few bitcoin in the wallet and have several other investment features. This will minimize the loss, even on time of decreasing price the loss can be compensated if investment were diversified.
4518  Bitcoin / Bitcoin Discussion / Re: IBM and Dubai Government initiate blockchain logistics initiative on: February 08, 2017, 06:06:30 AM
That's a good initiation to use Blockchain in the logistics industry. Dubai is a Country, where the duty free system avails more export to African countries and importing from Asian countries. This makes the system work perfectly without any difficulty happening in the database management.
4519  Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to teenagers or children on: February 08, 2017, 05:45:10 AM
Quote from: President79 link=topic=1600381.msg17773544#msg17773544
=1486525701
with social media will all be easy, now teenagers or children always hold the smartphone and when we ask him to open an account-related success stories bitcoin, I'm sure they'd be interested.
yes i agree , because teenager and children very like and quickly to understand in social media ...
Social media support to understand bitcoin easily but the same is a problem for children or teenagers. There are people who gets addicted to it without learning anything, but they just spread the negatives to make themselves fame. For the goodness of bitcoin knowing or teaching through word of mouth is the best of all time.
4520  Economy / Gambling discussion / Re: Would you login to a gambling site with Twitter, Google or Facebook Id? on: February 07, 2017, 06:23:22 AM
Several gambling websites have given us the access to gamble without revealing our identity, then why to use Facebook, Google or Twitter account to access gambling websites. This helps us to participate into gambling even if you're in the country where gambling is legally banned and if found using its considered a crime.
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