Bitcoin Forum
May 28, 2024, 11:09:56 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 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 ... 86 »
521  Economy / Speculation / Re: [SHARE] Your Personal Analysis (only post with pictures) on: November 22, 2012, 04:40:24 PM
Its thanksgiving in the U.S., I would expect nothing different?
522  Economy / Speculation / Re: what the heck triggered that spike? on: November 22, 2012, 12:06:10 PM
People were getting hungry for thanksgiving! Happy thanksgiving everyone!  Cheesy
523  Bitcoin / Bitcoin Discussion / Re: [Bounty - 10 BTC] Help identify ANY address from the list on: November 22, 2012, 12:05:02 PM
I'll be honest, I was kind of hoping to see one of my addresses up there so I could turn myself in for 10 BTC  Cheesy
524  Economy / Gambling / Re: Stop gambling your coins unless you're playing for entertainment! on: November 22, 2012, 12:02:22 PM

Thanks, and I do agree that a house is an investment so don't get me wrong there. If you are financially stable and you can handle it, I don't see a problem. But for me, I have prayed about it, and this is what I've been told to do.  Cheesy

A house can be an investment but your home isn't.

QFT
525  Economy / Gambling / Re: Stop gambling your coins unless you're playing for entertainment! on: November 22, 2012, 06:18:14 AM
3. I would never pay for home insurance. Instead I would have plenty of extra funds available before even considering buying a house.

Unless you planned on being homeless until then, you'd be paying rent to someone else, which would cut into your saving up money.  Then, what you would be doing is called "self-insuring."  Considering the value of money deflates over time, you'd be losing money by sitting on it.

I will gladly pay rent for a place to live, and it doesn't cut into my savings because I consider it a need in order to live.  The money i'm sitting on is being actively used, and is gaining value over the inflation level.

I'll also throw in here that I will never borrow money either, which means no house until I can buy it flat out.
Debt-free is a truly awesome way to live.  I'm getting there...

Personally, I see housing as an investment.  If I am planning to stay put for a while, eventually the payments against the principle would exceed the payments I would be making to rent something similar.

Net gain (loss) = RENTAL_PMT - MORTGAGE_PMT + PRINCIPLE_PMT

Right now, I estimate that a house comparable to mine would rent out for $800, and my current mortgage payment is $1,062, with $221 going to principle.  So I currently have a loss of about $41/month.  If I consider that the money put towards principle could instead be gaining interest at 10%, then I'd also have another $42/month of investment income that I am missing out on.

In a few years though, it'll flop around.  I'll have a net gain each month compared to what I would have had by investing the principle payment and difference between rent/mortgage payment.  Especially once the housing market turns around, and I can count the equity gains as well.  Certainly though, it is at the expense of lack of flexibility for my living situation.  I can't just up and move like a renter could, which can be a significant liability at times.

Anyway, all power to you Yuhfhrh - debt free is an admirable way to live for certain.

Thanks, and I do agree that a house is an investment so don't get me wrong there. If you are financially stable and you can handle it, I don't see a problem. But for me, I have prayed about it, and this is what I've been told to do.  Cheesy
526  Economy / Gambling / Re: Stop gambling your coins unless you're playing for entertainment! on: November 21, 2012, 06:35:50 PM
I didn't forget. I'm just telling you that this betting strategy will catch up with you eventually.  You haven't discovered something new here. People have been trying to use this betting strategy since the 1700's.  If it worked there wouldn't be any casinos, they'd all be bankrupt by now.

Martingaling works every time if you follow these simple rules:

1)  Have an infinite amount of money.
2)  Find a casino that has an infinite amount of money.
3)  Make sure the casino lets you bet an infinite amount.

Follow those simple rules and you're guaranteed to win every time.

Of course, if you have an infinite amount of money, one wonders why you're gambling in the first place, but there you go.

I do believe this is how they plan to solve the debt crisis.



Truely a laugh out loud moment.  Cheesy
527  Economy / Speculation / Re: to buy or sell bitcoin now? on: November 21, 2012, 05:36:13 PM
BUY BUY BUY baby.

Bye BYe bye, bye bye, blah blah blah blah blah, i just wanna tell u that i had enough
might sound crazy but it aint no lie baby buy buy buy

lol
528  Economy / Services / Re: [Service] Text Messaging or Email Alerts for Bitcoin Price Movement on: November 21, 2012, 03:43:53 PM
I'm interested.

Too funny, I just bought a few of your coins yesterday!  Cheesy PM sent.
529  Economy / Gambling / Re: I will gamble on SatoshiDice with your Bitcoins on: November 21, 2012, 03:24:21 PM
I will gamble on SatoshiDice with your Bitcoins for a small fee.  I have the finest of good luck charms to aid me.  For a limited time the fee will be 7%.  Minimum is 10 BTC.  Please send bitcoins here :  15e8kmHQsGE26xdmqH1BAEMrzd35BtJiSm
Winnings will be sent to the depositing account.  Hurry and send your Bitcoins to take advantage of the introductory rate.

This has been suggested before.  Last time the guy was asking to keep 25% of the profits!  I undercut him, asking for just 5%, and got the job.  I won the guy 0.41 BTC and kept 0.02 BTC for myself. Smiley

I enjoyed doing it, so for a limited period I'm offering the service for free.  That's right, I'll take a 0% cut of any winnings.

Tell me how you want me to play (how much risk, how much you want to win, or any other parameters you like) and I'll do my best.  Post here and I'll give you a deposit address to use.

I wish to take you up on this. I will wager 1 bitcoin, and aim for 1.5 return. I demand, however, that you take 5% of any return.

I'll do it. 16exchJU1UCJcSkNEyBxzZfbZpA4189Bmt
Appreciated, but I am only in this for doog's special brand of numerical wizardry.

Understood.  (I guarantee him and I have the same chances.  Cheesy)
530  Bitcoin / Project Development / Re: Love You Like A Bitcoin on: November 21, 2012, 02:41:43 PM
Who wants to start a bounty for "Oppa Bitcoin Style" next?

YES.
531  Economy / Gambling / Re: I will gamble on SatoshiDice with your Bitcoins on: November 21, 2012, 02:31:14 PM
I will gamble on SatoshiDice with your Bitcoins for a small fee.  I have the finest of good luck charms to aid me.  For a limited time the fee will be 7%.  Minimum is 10 BTC.  Please send bitcoins here :  15e8kmHQsGE26xdmqH1BAEMrzd35BtJiSm
Winnings will be sent to the depositing account.  Hurry and send your Bitcoins to take advantage of the introductory rate.

This has been suggested before.  Last time the guy was asking to keep 25% of the profits!  I undercut him, asking for just 5%, and got the job.  I won the guy 0.41 BTC and kept 0.02 BTC for myself. Smiley

I enjoyed doing it, so for a limited period I'm offering the service for free.  That's right, I'll take a 0% cut of any winnings.

Tell me how you want me to play (how much risk, how much you want to win, or any other parameters you like) and I'll do my best.  Post here and I'll give you a deposit address to use.

I wish to take you up on this. I will wager 1 bitcoin, and aim for 1.5 return. I demand, however, that you take 5% of any return.

I'll do it. 16exchJU1UCJcSkNEyBxzZfbZpA4189Bmt
532  Economy / Gambling / Re: Stop gambling your coins unless you're playing for entertainment! on: November 21, 2012, 01:56:57 PM
3. I would never pay for home insurance. Instead I would have plenty of extra funds available before even considering buying a house.

Unless you planned on being homeless until then, you'd be paying rent to someone else, which would cut into your saving up money.  Then, what you would be doing is called "self-insuring."  Considering the value of money deflates over time, you'd be losing money by sitting on it.

I will gladly pay rent for a place to live, and it doesn't cut into my savings because I consider it a need in order to live.  The money i'm sitting on is being actively used, and is gaining value over the inflation level.

I'll also throw in here that I will never borrow money either, which means no house until I can buy it flat out.
533  Economy / Gambling / Re: Stop gambling your coins unless you're playing for entertainment! on: November 21, 2012, 01:47:18 PM

Should I stop drinking coca-cola unless I am drinking for entertainment? After all, I can drink water for much less, if not free.

One step further: What if I am gambling for a coke? Plug for my site: https://bitcointalk.org/index.php?topic=121920.0 With that, you pay 60% of a coke's price for a 60% chance at a coke. Am I still gambling?

One more step: Do you buy insurance on your house in case it burns down? Aren't you hoping to put down a little bit of money up front, and if the odds go your way, you get a new house? Surely we can all agree that home insurance is a losing bet for individuals (gamblers) and a winning bet for the casino (insurance company)? Would you advocate people "Stop buying insurance for your house!"



Had to comment on this post because it invoked emotion in me lol

My answer is yes to all three.

1. If you aren't drinking coca-cola for entertainment, why are you doing it? Unless you are underweight and in need of the extra calories, drink water.
2. Yes its gambling, there is a 40% chance you just wasted your money. If you need a bottle of coke, buy it for face value. If you don't, then don't buy it.
3. I would never pay for home insurance. Instead I would have plenty of extra funds available before even considering buying a house.
534  Economy / Lending / Re: [BTCJam] Short-term loan to cover BTC sale on: November 21, 2012, 01:24:49 PM
How sure are you that this buyer is going to follow through?
535  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: November 20, 2012, 07:00:34 PM
These videos will haunt the poor guy for the rest of his life..

I know right, lol
536  Bitcoin / Bitcoin Discussion / Re: Kim Dotcom bought 5 million dollars worth of bitcoins? on: November 20, 2012, 06:57:44 PM
Extremely unlikely considering we are still under $12.
537  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: November 20, 2012, 06:23:51 PM

that's an old video. Bout a year and then some.
great entertainment though.  Grin
I thought i had seen all his bitcoin bashing video, and now this on popped up yesterday

I hadn't seen these new ones either.
538  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: November 20, 2012, 05:03:05 PM
The bulls just can't seem to catch a break!
539  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: November 20, 2012, 11:06:17 AM
adam where was the rest of the bitcoin volume traded

Nice dump just happened
540  Other / Off-topic / Re: Ingress Augmented Reality on: November 19, 2012, 09:37:55 PM
If I could only get an invite...  Undecided
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 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 ... 86 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!