This. Clams currently benefit from hype caused by "re-opening" of JD. But if there are no other big things to come, its price will be likely decreasing over time. On the subject, PRCdice is imo the safest choice for investing, also the v 2.0 is to be released shortly and it will include some more investment options, such as risk range from 1/4 kelly to 10x kelly. Test preview: https://test.prcdice.eu/Current site: https://prcdice.eu/Other one is https://safedice.com/. They're advantage is variable house edge of 0.5% (attractive for players). Their bankroll is rather small (~ BTC26), so you could get significant % of it by investing relatively small amount.
|
|
|
We just crossed 1,400,000 bets, and the site's profit is above 1 BTC again All thanks to me Lost BTC0.66 today. Just a late xmas gift to the investors. You're welcome
|
|
|
OK, I voted Mt Gox on biggest news story (they're currently in the lead), as it says 'biggest' not 'best' or 'most positive'. But just realised it doesn't go with this part: we need your help to choose the community’s champions.
So register, vote and share by January 15.
We think it’s important to recognize genuine achievement in the eyes of the entire cryptocurrency community, and look forward to seeing your voting results. Does it mean that if mt gox wins, cointelegraph will label them as community champions?
|
|
|
Not sure if you consider gambling an investment but you could spend a little on that and maybe make some profit.
Gambling itself is not an investment, but 'investing in house' is. Frowned upon by many, but it can be a pretty good one, you can get a better return than providing loans on btcjam (or similar). This thread has some nice overview: https://bitcointalk.org/index.php?topic=826466.0
|
|
|
If the majority decides to support the fork which supporst Proof of Stake, then that what Bitcoin will be. This is a strength, to take the decision of the majority instead of having to accept the order of a central authority.
You can call it whatever you like but it won't be bitcoin unless the miners all quit mining. What about the next proposed fork (raising max 1mb block size), if there's 1 small miner who choses to stay on the old fork, which one is the real bitcoin then?
|
|
|
Regretabbly bitcointalk platform does not allow me to give say... the next 40 people 100 bits who comment... so... I will have to stop as basically two people are collecting the magic URLs.. Christmas cancelled boys </3 thank them!
You just did it the wrong way. Just send links in PMs to first 10 people who reply etc ps Merry Christmas
|
|
|
Finally some positivity in this Robert Moran's article: http://www.huffingtonpost.com/robert-moran/bitcoin-bowl-and-the-disruption-of-fiat-currency_b_6380438.htmlOn the day after Christmas the North Carolina State Wolfpack and the University of Central Florida Knights will square off in the Bitcoin Bowl at Tropicana Field in St. Petersburg, Florida.
In several short years few will recall the game itself, especially not those on the Trop's Party Deck. But, historians will note that 2014 was the year that a major American college football bowl game was named for a post-national cryptocurrency associated with techno-libertarians and anonymous transactions.
As much as it sounds like the premise of a near future, science fiction novel, it is happening.
And, why not?
The Bitcoin Bowl is a perfect end to 2014, the year that "the future" happened. After all, 2014 was the year in which American retailers started selling 3D printers, the U.S. Navy began mounting lasers on its ships, humans landed robots on Mars and an asteroid, analysts began asking whether home based solar power could kill off American utilities, and state-sponsored hackers raided Hollywood.
...
Beyond current public opinion, alternative digital currencies like Bitcoin stand at the intersection of several critical trends:
1. The rise of tech-enabled individual power relative to the nation-state. 2. Technological disruption of industrial and pre-industrial systems like publishing, education and now currency. 3. The digitization of payments and their move online.
So enjoy the Bitcoin Bowl. Watch it on ESPN or enjoy the party at the Trop and cheer for the Wolfpack or the Knights. But mark this moment as another step in disruptive 21st century innovation. Because, when I take my seat at Tropicana Field, I'll have ringside seats on history. And when you tune in, you will too.
|
|
|
Another bitcoin mentioning in TechCrunch, this time covering Burning Man accepting BTC donations. http://techcrunch.com/2014/12/25/bitcoin-burning-man-and-the-gifting-economy/Bitcoin was a terrible investment this year, but that hasn't stopped non-profits from asking for them anyway. Wikipedia, Electronic Frontier Foundation, Khan Academy and now even Burning Man will take those bitcoins off your hands in the form of a tax-deductible donation.
While this won’t get you a golden ticket into the actual festival, gifting something without expecting anything in return is part of the spirit and culture of the annual festival in the Nevada desert. In fact, it’s listed first in the 10 Principles of Burning Man:
Burning Man is devoted to acts of gift giving. The value of a gift is unconditional. Gifting does not contemplate a return or an exchange for something of equal value.
Though a lot of money goes into prep and supplies for the festival, no actual money is exchanged while in Black Rock City except for the buying of ice or coffee at the main tent. Folks give away everything from vegan ice cream to “special” massages while there. Even clothing can be donated away. The new bitcoin option has more to do with funding year round activities outside the festival, however.
For some context, there’s Burning Man the 501(c)3 and there’s Black Rock City LLC. Ticket sales cover the actual cost of producing the festival. That’s the for-profit part. The cryptocurrency donations will help the non-profit arm of Burning Man to build out “organizational capacity,” support community initiatives and most likely help fund those giant art projects that get shipped out to the middle of the Playa every year.
|
|
|
Quite interesting read, despite the bullshit title. http://www.wsj.com/articles/even-bitcoins-fans-prefer-to-keep-cash-1419539916Even Bitcoin’s Fans Prefer to Keep Cash Volatility Deters Merchants From Holding the Virtual Currency
Reeds Jewelers encouraged customers to pay for holiday gifts with bitcoin this year, but the family-owned business isn’t hanging onto the virtual currency for long.
Like many of the growing number of merchants that accept bitcoin, the regional jewelry store immediately converts the payments into real-world dollars. The strategy is aimed at protecting Reeds from big price swings that have plagued the virtual currency for much of the year—and underscores how many business owners remain skittish about the long-term prospects for bitcoin.
“We thought about [holding on to the bitcoin] but we’re just not willing to do it,” said Mitch Caan, marketing director for the Wilmington, N.C.-based jeweler which has roughly 60 stores, mostly in the Southeast.
The price of a bitcoin has tumbled since hitting a record $1,100 in November 2013 due to nagging concerns about potential regulation, the collapse of a large bitcoin exchange in Japan and the stigma that it is often used for illicit activity. One bitcoin was worth $318.10 Thursday on the CoinDesk price index.
|
|
|
The halving will have, approximately, the following 3 effects:
1. The Bitcoin price will go up by 26% 2. The difficulty will go down by 20% 3. The revenue per hash will go down by 20% (something which miners need to consider in the decisions they are doing now).
Of course, all 3 can also be affected by factors unrelated to the halving.
How did you come up with those % figures? The other scenario re price is that since everyone will expect it to go up, there will be a lot of buying pressure shortly before the halving. Therefore, the price may actually go up before, and drop after the halving.
|
|
|
CLAM & Coin Exchange service have been officially added to our website. Good luck playing and let us know if you will have any questions
Coin Exchange looks absolutely great. It's brilliant move to add this option. It's actually easier to use than standard exchange sites and surely some people will use the site just for that. Two minor issues I noticed: - when doing test swap 1000 DOGE for BTC, I've got this message: "Minimum exchange limit 1754.385964912 exceeded!", should say "not reached", or just delete "exceeded!" leaving: "Minimum exchange limit 1754.385964912" - that's sufficient. - other thing, the balances on the exchange screen don't update automatically.
|
|
|
New service to add to the OP please: https://fortunejack.com/They now accept CLAM. (I have not made a deposit/withdraw yet, but plan to do so after Christmas.) They are a Bitcoin Foundation member and the website is fully licensed by Law of Saint Kitts and Nevis, owned and operated by the "Nexus Group Enterprises", LLC. Great, one more good website is accepting CLAM. This will certainly attract more people to start using CLAM and make this coin even stronger. Not only they accept CLAM, but they also launched Coin Swap service, that means you can trade CLAM for other coins. CLAM & Coin Exchange service have been officially added to our website. Good luck playing and let us know if you will have any questions
|
|
|
Some good news from Taiwan, over 5000 convenience stores will be selling bitcoin to the public. It would be better if they also accepted bitcoin, but still, that's a good start. http://www.bitell.com/t/2219KBBEX has formed a strategic partnership with Taiwan renowned bitcoin company, BitoEx, to supply bitcoins in more than 5000 convenience stores in Taiwan. The cooperation turns the development of Taiwan bitcoin industry into a new leaf that bitcoins, the well-known digital currency, walk into the daily-life of Taiwan citizens.
BitoEX CEO Mr. Cheng Kuang Tai said, “Following the existing 3000+ FamilyMart convenience stores, BitoEX has signed agreements with two other mega convenience store enterprises (OK Mart and Hi-Life), making it now a total number of more than 5,000 locations in Taiwan available for purchasing bitcoins in late 2014. We have chartered KBBEX as our supplier of Bitcoin to BitoEX. We are confident that in collaboration with KBBEX and the associated companies, the recognition of bitcoins will grow and general public would cast their vote of trust to bitcoins.” The quoted article has been published today, but it mentions "late 2014" so not sure whether it has already happened. Found it on reddit: http://www.reddit.com/r/Bitcoin/comments/2qcb8j/bitcoins_will_be_supplied_in_more_than_5000/
|
|
|
but can we estiamte how much companys shares are worth ? Are you asking how much bitpay is valued at as a company? Yes he is. Asking about share price is pointless, since their shares are not publicly traded. And even if they were, price per single share means nothing, as they could issue 10 shares or 10 billion. There are few formulas to determine the value of company, but you'd need to know at least the turnover and net assets value.
|
|
|
why does every newspaper has to mention Mt. Gox again and again? It was not Bitcoins mistake.^^ ...
It's not a proper newspaper, it's more of tabloid. Don't expect them to spend too much time on doing the proper research. They just do a quick google search, put together a few sentences + add some photo and article is ready.
|
|
|
Things aren't looking pretty for XPY on coinmarketcap today
|
|
|
Bitcoin mentioned in the DailyMail 2014 tech summary: The year in tech: Supersize smartphones, the breakdown of Bitcoin and an Uber explosion... but what can we expect in 2015?BITCOIN AT A CROSSROADS The pre-eminent cryptocurrency was dealt a severe blow in February when the biggest exchange, Tokyo-based Mt Gox, collapsed after a suspected cyber attack. Bitcoin's value plummeted and hasn't recovered. It's now trading at about half its January high of about $US800 ($A865.57). Analysts remain concerned about security and the lack of regulation, but Australian entrepreneurs are keeping the faith. To try to take it mainstream, one company began rolling out bitcoin ATMs and another has launched a bitcoin debit card. http://www.dailymail.co.uk/news/article-2886773/The-year-technology-Sizeable-smartphones-breakdown-Bitcoin-tidal-wave-Uber-expect-2015.html
|
|
|
Isn't that why it encourages spending? If I am a PoS stakeholder, I don't want "my" coin (= investment) to fail. That's why I give away some as a bounty or donation for dev/media/publicity work.
No. It discourages spending by design. You're basically asking people to sacrifice some % of their holding (+ future earnings they could get by staking that amount) for the 'greater good'. Proper economic model shouldn't require altruistic actions from coin holders. You can pull it off with a new coin (to promote it etc), but it will never work long-term on a large scale. I observe that effect in the PoS community that I'm part of, almost everything is done because there is a bounty for it, put up by some large stakeholders, or crowdfunded.
Which community is that?
|
|
|
|