It's not esay money if it's -EV. When you bet 10 BTC in an addicted gambler's brain you're telling yourself that it's a certain 20% win but really if you look at the stats you'll be scared at how often someone hits a red on that probability.

Especially when the standard house edge of 1% should produce a 82.5% probability at 1.2x payout, meaning that 80% isn't worth it at all.

Also, taking into consideration that 10 btc is a life changing sum for me, definitely a no-no.

I agree with following a tipster and a tight schedule of your funds because the thing that kills bankrolls is irresponsible and impulse gambling. Following a tipster, not ever betting live, and make sure that you only bet a maximum of 5%-10% of your bankroll every time is absolutely crucial in my opinion. Otherwise you will bust very quickly. Also make sure that your tipster is legit and not a scammer just scamming subscription money.

It should be obvious to anyone that nachius probably doesn't solo mine. Solo mining takes a lot of hashpower and i doubt that anyone on this forum have hashpower to mine it themselves with a high probability.

However Zaizoun agreed to the terms. It was his fault for not checking on other sites before getting ripped off by nachius. If he checked pushtx.btc.com beforehand he would have discovered a much cheaper option. I believe that once you agree to something, you commit to it and no matter what happens unless it's something illegal you go through with it.

Still, nachius is a rip-off.

Personally I don't think so we're going to see $5,000  Bitcoin anytime soon because currently were in a Bubble and as we have so the correction comes really quickly. Bitcoin has the ability to go up a lot in a short period of time but also goes down a lot in a similar period of time. Everything is completely unpredictable.

I would say though if a Fiat currency collapse or a stock market crash occurs, we could see bitcoin rise in value like crazy.

I would say that 3, nothing happens.

Mainly because stock markets and cryptocurrencies are completely two different unrelated things. Most stock market players don't even use bitcoins and most bitcoin users don't play on the stock market, because they play in altcoins already.

There shouldn't be any direct correlation to btc except the strength of the dollar that is affected by the stock market.

I've been using Coine for a while now and they give me daily price notifications, whether it's going up or down, how much percentage points it is going up or down, and they also give you a recommendation for whether to sell, buy, or hold. But half the time the recommendation is to hold and you don't know how they calculate things so it's always a risky thing to follow their recommendations.

Pretty sure that coindesk also has email notifications, you could check them out.

Agreed. I think that you should sell at least some of your coins but hold the rest. That way you are basically lowering your risks of losing money either because the bitcoin market crashes or ecause the bitcoin market goes bullish again after this correction and you miss out on profits.

However i do think that this is a big bubble. If you think that -700(which is like 20-30% of bitcoin's value) in a few days isn't a bubble bursting then i don't know what your definition of a bubble really is. Honestly.

Long term though i'm very bullish with btc. Juts sayin this one is a bubble and has burst, might go down more before the bounce back.

Could you cite them here? Who said that lol.

I'm a bitcoin believer but still i don't think that bitcoin is going to go to 6k this year or even the next. I think that if that happens it'll be a huge bubble, much bigger than the 2013 one however you look at it.

This correction is definitely necessary. I can see bitcoin going to 3k next year after this correction but 6k does seem a bit extreme.

If you are talking about altcoins(i'm assuming you are because you are focusing on cryptos), then always look for coins that have an active dev team that have a good reputation and are willing to reveal themselves to the public instead of hiding under a bought account. That's the major important thing. Next make sure that they are promoting their coin well with a sig campaign, otherwise it means they're not willing to sacrifice a few thousand dollars in their own project to get it started. But altcoin in general isn't for newbies. It's for more seasoned investors as you said.

Mate, almost all altcoins have skyrocketed along with BTC appreciation. Ethereum, ripple, monero, steem, litecoin. And you could dump these coins way easier that your Pepecash. I mean gamecredits is fine but Pepecash is just a shitcoin.


Sure, it could have went up 10-20x. But doesn't mean it'll stay up there forever. It's still a shitcoin and eventually will come down.

I don't think it'll go back under $2000 at all. Th enext pump will likely to build upon this pump and this is in my opinion just a short term adjustment. It's a good time to load up on cheap coins because i believe the price will go up a lot in a few months time when a new pump is initiated.

We got so damn close to $3000 that i nearly peed my pants but unfortunately we couldn't reach it. We were above halfway through $2000 as well... It's sad to see bitcoin price drop but again, that's going to happen sooner or later and it's pretty much very expected that it's going to happen so i have no issues with it.

I'd say that by the end of the year, we'll be looking at a stable $3000 per coin.

BTCjam isn't bitcoin. THat's first and foremost.

Bitcoin is decentralised and in my opinion has a bright future ahead of it. I'm not sure why you want to draw conclusions from whether btcjam is closing or not and linking that to bitcoin's future. it just doesn't make any sense to me.

As you can see bitcoinprice is going up, and i believe that in the long term bitcoin price will always be going up because the monetary supply will be capped off at a certain point and the production will slow down over time. It's up to you to decide for yourself whether you want to invest in btc though but if you don't thats a shame.

It sure can, like anything can happen. I think that it is very possible that it'll happen, in fact, i think the chances are 50/50. We've seen how bitcoin went on a bull run and gained like $2000+ in value in less than a year. We've seen how quickly that happens and how crazy things are when it does happen, it just doesn't seem like it'll go down. When the next bull market comes by i believe people will go crazy and keep on buying even though it is obvious that it's a bubble, and that'll defintiely result in a ridiculous bitcoin price.

If it does hit $3500, i'm selling because it just doesn't seem like a natural price to me. $3000 is okay, still slightly high though. I'd rather have a stable $2000 per coin than a constantly fluctuating $3500 per coin. It's not all about the price.

Wall street obviously have to laugh because if they don't then they are accepting bitcoin as a true currency. And they obviously wouldn't want that to happen because central bankers are what they depend on to make their living. Bitcoin is offering a decentralised alternative which means doom for them as they can't make any more profits from fiat currency manipulation once people actually start using bitcoin. Good to see that they're silecenced by the pump, and although there is a recent dump i would think that bitcoin will go up further once this dump is finished

The reason is that they have restrictions on moving funds around and that results in a lack of arbitrage opportunities for traders out there. When there is a lack of arbitrage opportunity traders can't take advantage of exchange rates between different exchanges and that means the price will stay up there on Korea's exchange as nobody is able to take adavantege of it.

I wouldn't say that bitcoin is getting huge in South Korea, just like india when the cash crunch hit the btc price also rose a lot on indian markets. It's just regulations taking place in South Korea that's driving this spike without any other exchange following.

I'm going with at least 1 bitcoin because whole numbers are psychologically important and i think that once the SHTF people will start using bitcoin like they are using fiat currencies right now. I wouldn't be surprised if bitcoin went up to $1 million apiece in 2017 USD terms.

Reason why is that there will be only a maximum of 21 million coins and that's the beauty of bitcoin - there is a fixed amount cap on the maximum there will ever be on the planet. Imagine if everyone in the world had the same amount of coins - each person will have less than 1 bitcent each.

So if you have 1 btc, then you're a part of the elite already.

This seems ilke a cool project, and i like the catch phrase of "democratizing venture capitalism".

I have joined your signature campaign, and i like the fact that you guys are willing to put in some money for advertising on this forum! It is certainly gunna yield you awesome results when the crowdsale comes round the corner

Here's a good opportunity to invest in a legit ico right now!!!

Btctalk name: xypos
Rank: Senior member
Current post count: 720
BTC Address: 19ZA2xGrZEZXkRMkh3eSzKmzUGZu8ye6Dn
Wear appropriate signature: done

Definitely could.

Conventional money is already dying, and getting replaced by plastic cards.

However even plastic cards have a serious issue - they are susceptible to chargebacks, fraud, scam, all sorts of things that you don't want in your day to day transaction tool. You want a simple tool that avoids government intervention, and that's bitcoin.

Bitcoin is like banks 2.0. It operates without any sort of administration, thus making it trustworthy. I think it has a lot of potential.

Thanks stunna for the fun 4 years!

Probably lost a lot of bitcoins on primedice but nonetheless always fun to participate in the giveaways and stuff. I haven't used PD4 at all though because it's become impossible for me to play from Australia which is actually where Stunna was from if i remembered correctly. I used to be able to use the free version without a VPN but now it's just not possible. And with a VPN it lags so much i can't even play.

PD has changed a lot, there's a new forum, it's focusing on streams, etc. I love it unfortunately i think i'm not going to return anytime soon unless the country restriction can be lifted somehow