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61  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2020, 08:36:40 AM
... just wondering what happens to bitcoin in a scenario where USA goes into martial law and Trump starts rounding up perpetrators of election fraud?

Most likely





The closest thing to martial law has been what the governors of many states have done this year. And, like the tweet suggests, in many cases private citizens just go about their daily lives as though their crazed governor is not warning them that having dinner with their relatives will lead to going to funerals with their family.
62  Other / Politics & Society / Re: Abortion is the leading cause of death during the pandemic, killing 37 million on: November 30, 2020, 09:17:14 PM
The left says they are pro choice. You are free to do what you would like with your body. If that is true, then how come you would like government guns to force me to wear a mask, stay inside, and undergo vaccination? Oh but wait they say, not wearing a mask could kill someone! Uh huh. Abortion is killing something, if you deem a fetus less valuable than a grown human that is simply your opinion. Is the fetus infinitely more valuable as soon as it is born? Most people would even consider a newborn baby more valuable than a grown human (a debatable determination if you ask me), so for the left the value of the human goes from 0 as a fetus to 1,000,000 as a newborn baby and then 500,000 as a grown adult. Then, judging by the way we have reacted to COVID, as an adult reaches old age they become far more valuable than any other human. Senior citizens? 10,000,000, it doesn't matter how many lives are destroyed or people die of starvation and suicide as long as we can extend the lives of 90 year olds by two weeks.
63  Alternate cryptocurrencies / Altcoin Discussion / Re: Are ICOs dead? on: November 29, 2020, 10:14:39 PM
ICOs aren't dead, they just had a period of irrational exuberance and now we're back in reality. Judging by the responses here though this forum is absolutely dead, you can tell half the people here can barely speak English and are only posting for their signature campaigns.
64  Alternate cryptocurrencies / Altcoin Discussion / Re: WOMAN WHO CREATED A FAKE BITCOIN STILL ON THE RUN. WILL THE POLICE GET HER? on: November 29, 2020, 10:05:43 PM
In my opinion she was just a figurehead, dummy but not stupid. Nobody knows the real masters of this scam and who stood behind the scene but to run such a scheme you must have big money too.
Exactly this! I'm from the same country where "Ruja" is from (Bulgaria)  so there're plenty of news in our own language which no one bothers translating. My country is famous for 1 thing, that no matter how big of a scam you pull, you can always get away with it and that's exactly what Ruja did. However same as you after reading numerous of articles, I'm 98% sure that she's not the mastermind behind it but most likely someone even more influential who's standing above her and her brother and pulling the strings. Some are even saying that she's already dead so any traces leading to the original founder can be eliminated. When it comes to her brother, he's under the USA witness protection program, so he's OK.
Based on what I've read and her history (she attempted another scam called BigCoin), it sounds like she was only looking to make a "modest" amount of money. She intended to make tens of millions, but Onecoin brought in billions. After a certain point Eastern European organized crime took notice and kept it going.
65  Alternate cryptocurrencies / Altcoin Discussion / Re: WOMAN WHO CREATED A FAKE BITCOIN STILL ON THE RUN. WILL THE POLICE GET HER? on: November 27, 2020, 08:46:50 AM
There was a whole lot of BS going on in 2017. Schemes like OneCoin prey on extremely stupid people, like it's hard to believe how stupid some of these people are, but they exist. Her success really shows how irrelevant the actual product is as long as you market it well. It's that way with a lot of things in life.
66  Economy / Speculation / Re: Congrats to everyone for reaching $20k again. on: November 20, 2020, 11:21:46 AM
I bet it reaches $20K by the end of the month and runs up to $27-$30K by the end of the year. The only thing that can stop it is a large tech selloff. There so much momentum, FOMO hasn't even really begun, and the price is rising steadily but not in an absurd fashion like '17.
67  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2020, 11:19:05 AM
This time is different (TM).

According to a study from Chainalanlysis based on Glassnode data, this rally is different from 2017. It’s not retail FOMO, but institutional phase5 adoption driving prices up.

Read more here.


It does remind me more of the slow and solid rise of 2012 and 2016 compared to the more chaotic years. Happy to hold this time around, whereas in 2017 I would have been long gone at this price point.
68  Other / Politics & Society / Re: Do you think COVID19 is a scam? on: November 20, 2020, 09:52:46 AM
in my country I have seen very shocking things. more than 70% of the people in my country still think that coronavirus does not exist and that it is a lie of my country's government. this is very serious because it shows that ignorance is a great evil that is in the people of my country. It is unacceptable that someone after many months and with so many deaths and so many lockdowns say that coronavirus does not exist... so that people start to leave ignorance behind to bring my country's government started to show patients and hospitals, something sad but it was necessary to do that
Perhaps that is because the government is using COVID to control the population.

I have a better approach: COVID exists, it's not that deadly for the majority of the population, and we should protect the elderly and infirm until we have a meaningful way to prevent them from catching it. But there is no justification for forcibly interfering with the lives of people that are not at risk of developing a serious case.
69  Other / New forum software / Re: Ia it possible to stop the Project? on: October 21, 2020, 08:50:11 PM
Is it still possible to discontinue the progress of Epochtalk? And just focus on improving bitcointalk.org?
Epochtalk project is in the final stages. After spending all those millions of dollars and waiting all those years, I don't think it would be wise to give up stop it now just as the harvest is about to happen.

I wish they didn't try to fix what wasn't broken. I suppose there was money earmarked for the project, so they felt like they had to, but doing nothing would have been better than this expensive and time consuming endeavor to create a slightly better looking forum as this forum continues to become less and less relevant.
70  Economy / Trading Discussion / Re: Hacked Exchanges since 2011 on: February 07, 2020, 07:12:10 PM
Going through this exchange hack list, quite really sad.
Let's avoid storing funds in exchanges, exchanges should solely be for trading, funds should be stored in non-custodian wallet. Fortunately some good wallets support Multi-assets and exchanges, few like exodus, trust, atomic.

More coins have likely been lost in users' own wallets than at exchanges. For people that aren't highly knowledgeable, I think storing coins on a reputable, regulated exchange is preferable. Of course, most of the coins over the years have been lost by highly knowledgeable people - early users. Storing your coins yourself also involves physical security. Protecting your storage device, as cryptocurrency-specific storage devices have notoriously poor physical security. And of course protecting your seed.
71  Economy / Services / Re: EuroGamblers Signature Campaign (Hero and Legendary only- 0.025 BTC per week) on: February 07, 2020, 10:56:33 AM
Reserved
72  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2017, 03:21:56 AM
If the ETF gets approved what kind of immediate pop are we looking at, $100, $200, $300?

I'm not too sure where the hype can go from here. The basket buying will be done. What's up for sale via ETFs doesn't impact the market. It may be a while before they're up and running anyway. Either it sparks some irrational bonkersdom or things settle down again.

Probably a lot of shorts will get liquidated if it gets approved and the price will bump up a bit and then settle once people realize a Bitcoin ETF isn't going to change the world.
73  Economy / Gambling / Re: Primedice | Most Popular & Trusted | Huge Community | Free BTC on: January 15, 2017, 09:00:23 AM
if i wanted to bet 50BTC primedice is the onl site i would trust at this point Smiley
Just bet your 50btc now bro!  Cheesy don't forget to share your bet on here ID when you done. Primedice won't scam your 50 btc
He wouldn't bet 50 btc all at once lol. all he's saying that he trusts primedice with 50 btc bet at current price!

if i wanted to bet 50BTC primedice is the onl site i would trust at this point Smiley
Just bet your 50btc now bro!  Cheesy don't forget to share your bet on here ID when you done. Primedice won't scam your 50 btc
I doubt that he will bet 50btc in primedice, i mean, really? Risk $46500 ($910*50 btc) in a bet?
You are trust primedice but you're still wearing betcoin.ag signature? lol.

Well Max payout is 50BTC so you can't bet 50BTC. But he could try just 25BTC on 2x or just 48BTC on 98%.

A red on 98% would be sick, epic at sad at once.
As far as i know the max payout is 30 btc?

They raised the max payout a few weeks ago and it's now 50BTC. From then I haven't seen a 25BTC bet on 2x. ProGame was playing a lot 0.00499999 on 9900x but too bad he didn't hit.

I used to have many bits running on 9900x bets or so. Basically I would bet about 20000 times or so and if no winner came up I would start betting a few Sats, if after another 10000 bets I didn't hit a winner, I would increase my base price.

All was well for a few months until, I think I hit 80000 Hits or so and they were all losers and almost ended up losing all of my BTC in most of my accounts.

So yeah the 9900x isn't always gauranteed to work.

Of course it doesn't work man, that's the base of the logical fallacy "future is related to past".
There is no link between the previous bets and the future ones. As convinient as it could feel, its not because it hit red 1000 times that next time should be black. Stats are the same for the 1001 times than for the first one man.

Yes I understand however consider this scenario. Lets assume house edge is 0% for simplicity.

Say you take 100 bets, 50 are winners and 50 are losers.

Then lets say you take another 100 bets, 10 are winners, and 90 are losers.

So the house is winning and eventually sometime in the future, the stats must shift so Casino wins 50% and you win 50% of the time.

So chances are the next 100 bets, there will be more winners than losers.

I am sure there are many who make good money with similar methods as I described.

That's 100% a fallacy.

Well when you are dealing with probability you can assume that if the house wins 50% and you win 50% when rolls -> infinity. Then chances are the next 100 bets, there will be more winners than losers to even it out. Yes I understand that each roll is completely independent of the prior and the next 100 bets can also have 90% losers and 10% winners.

That's how people go bankrupt when doing martingale. However if you assume it will eventually even out then you chances of betting 100 rolls and winning 51 times or more is higher than if you made 100 bets prior and won 90% of them and lost only 10%.


Why would the previous bets affect future bets? If you do 200 bets and in the first 100 bets you have 55 winners and 45 losers, the most likely end result is 105 winners and 95 losers.
74  Economy / Gambling / Re: Primedice | Most Popular & Trusted | Huge Community | Free BTC on: January 13, 2017, 03:40:29 AM
if i wanted to bet 50BTC primedice is the onl site i would trust at this point Smiley
Just bet your 50btc now bro!  Cheesy don't forget to share your bet on here ID when you done. Primedice won't scam your 50 btc
He wouldn't bet 50 btc all at once lol. all he's saying that he trusts primedice with 50 btc bet at current price!

if i wanted to bet 50BTC primedice is the onl site i would trust at this point Smiley
Just bet your 50btc now bro!  Cheesy don't forget to share your bet on here ID when you done. Primedice won't scam your 50 btc
I doubt that he will bet 50btc in primedice, i mean, really? Risk $46500 ($910*50 btc) in a bet?
You are trust primedice but you're still wearing betcoin.ag signature? lol.

Well Max payout is 50BTC so you can't bet 50BTC. But he could try just 25BTC on 2x or just 48BTC on 98%.

A red on 98% would be sick, epic at sad at once.
As far as i know the max payout is 30 btc?

They raised the max payout a few weeks ago and it's now 50BTC. From then I haven't seen a 25BTC bet on 2x. ProGame was playing a lot 0.00499999 on 9900x but too bad he didn't hit.

I used to have many bits running on 9900x bets or so. Basically I would bet about 20000 times or so and if no winner came up I would start betting a few Sats, if after another 10000 bets I didn't hit a winner, I would increase my base price.

All was well for a few months until, I think I hit 80000 Hits or so and they were all losers and almost ended up losing all of my BTC in most of my accounts.

So yeah the 9900x isn't always gauranteed to work.

Of course it doesn't work man, that's the base of the logical fallacy "future is related to past".
There is no link between the previous bets and the future ones. As convinient as it could feel, its not because it hit red 1000 times that next time should be black. Stats are the same for the 1001 times than for the first one man.

Yes I understand however consider this scenario. Lets assume house edge is 0% for simplicity.

Say you take 100 bets, 50 are winners and 50 are losers.

Then lets say you take another 100 bets, 10 are winners, and 90 are losers.

So the house is winning and eventually sometime in the future, the stats must shift so Casino wins 50% and you win 50% of the time.

So chances are the next 100 bets, there will be more winners than losers.

I am sure there are many who make good money with similar methods as I described.

That's 100% a fallacy.
75  Economy / Speculation / Re: Sold around 100 BTC few months ago on: June 19, 2016, 09:34:11 PM
A lot of the answers here are biased and vacuous. Bitcoin didn't have nowhere to go but up - it had already doubled since last year and the fundamentals that pushed it to $150 were still essentially in place.

It's hard to pick the perfect spot to get out. As long as you made a calculated decision using your head instead of your heart, you shouldn't regret it.
76  Alternate cryptocurrencies / Altcoin Discussion / Re: If you are freaking out right now, you are over-invested in crypto on: June 19, 2016, 12:55:05 AM
Mutual funds are for suckers..That's where Johnny the cash
Diversify!

You should be well aware that crypto is NOT investment, it is pure speculation.  With the great opportunity for profit comes great risk.  Risk and reward are HIGHLY correlated in financial endeavors.

If you paid "tuition" today, learn from it.
This is great advice, but I think the issue with many is that they invest a lot of money into crypto because they see the barrier for stocks/bonds as too high or scary. I think mutual funds are comparable to mining if you pay attention and think of it like that, some will pay well per quarter and some will hurt, look at history and make a meaningful decision.

Mutual funds are for suckers saving a portion of their salary for retirement. Hedge funds are a more reasonable place to invest money.

Super high-risk investments are safe if each individual investment is only a small portion of your bankroll.

anything super high risk is more like gambling than an investment lol
some investement scams ive seen over the years here have had worse odds of getting returns  than  casino games

Which is why most professional poker players only play with 1-2% of their bankroll at a given time. It's not risky if you don't invest too much.
77  Alternate cryptocurrencies / Altcoin Discussion / Re: If you are freaking out right now, you are over-invested in crypto on: June 17, 2016, 07:39:21 PM
Mutual funds are for suckers..That's where Johnny the cash
Diversify!

You should be well aware that crypto is NOT investment, it is pure speculation.  With the great opportunity for profit comes great risk.  Risk and reward are HIGHLY correlated in financial endeavors.

If you paid "tuition" today, learn from it.
This is great advice, but I think the issue with many is that they invest a lot of money into crypto because they see the barrier for stocks/bonds as too high or scary. I think mutual funds are comparable to mining if you pay attention and think of it like that, some will pay well per quarter and some will hurt, look at history and make a meaningful decision.

Mutual funds are for suckers saving a portion of their salary for retirement. Hedge funds are a more reasonable place to invest money.

Super high-risk investments are safe if each individual investment is only a small portion of your bankroll.
78  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SCAMCOIN - NeoScrypt [NOW AVAILABLE] on: June 17, 2016, 07:12:29 PM
I think this is like the fifth time I've seen a new coin called Scamcoin. This joke is getting really old.
79  Economy / Speculation / Re: $10k???? on: March 17, 2016, 11:30:51 AM
The halving is priced in. The halving after that is priced in. Everything about Bitcoin is priced in. Any predetermined event (e.g. halvings) or number (e.g. 21,000,000 maximum coins) based upon the original Bitcoin source code was priced in as soon as people started trading bitcoin.

Bitcoin may go up this year, but it won't have anything to do with the halving.

You don't have to be upset as you can still buy yourself some coins to benefit from the price that will go up.

Did you read my comment?
80  Economy / Speculation / Re: $10k???? on: March 17, 2016, 09:43:52 AM
The halving is priced in. The halving after that is priced in. Everything about Bitcoin is priced in. Any predetermined event (e.g. halvings) or number (e.g. 21,000,000 maximum coins) based upon the original Bitcoin source code was priced in as soon as people started trading bitcoin.

Bitcoin may go up this year, but it won't have anything to do with the halving.
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