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601  Bitcoin / Bitcoin Discussion / Re: What is the best way to cash out? on: June 09, 2016, 08:38:40 PM
The best way to cash out is something that nobody has mentioned yet. Buy gold and silver online with Bitcoin, and then sell it for fiat.
602  Economy / Speculation / Re: trump just got over hillary in polls >>> Btc will go to 1000 $ on: May 28, 2016, 07:55:52 PM
Shots fired.
603  Economy / Speculation / Re: 4 figures seem more and more realistic this year by the second on: May 28, 2016, 06:08:59 PM
Please curb your enthusiasm. Just because we saw a rise to 500 doesn't mean bitcoin won't crash back down, which it has done numerous times before. We will never see stable $1K in our life time. $10K is impossible an preposterous.

My good sir, 10k is not only possible, it is a low estimate. All country's economies around the world are potential tinder boxes for Bitcoin to ignite. All it takes is one and Bitcoin will spread like wildfire around the world.
604  Economy / Speculation / Re: Price will rebound at 500$ on: May 28, 2016, 06:02:39 PM
What Spazda said. The ascending triangle is a continuation pattern. Lines up perfectly with the halving. Technicals and fundamentals are all good.
605  Economy / Speculation / Re: trump just got over hillary in polls >>> Btc will go to 1000 $ on: May 28, 2016, 05:59:54 PM
chaos in politics and economy are comming.
Bitcoin is your safehaven. The last place where your money will be safe.

Trump will be the order to the chaos. Obama and his threat of martial law is what will make people flee USD in the shorter term. Hillary will be the death of America. Trump is our only hope to save this shit storm that has been brewing for the last 7 years. If Trump gets elected, the USD will probably gain strength and BTC will go down.

Are you serious? Trump might have some good points but you gotta understand that he's a bullshitter. He bullshitted his way to the top. (actually he was born in the top but his bullshit has kept him there) He's not gonna accomplish much, he's just gonna fuck shit up, get attention and then say "oh well". Even if you agree with his points, he's the completely wrong president to pick. He clearly knows nothing about PR, probably even less about international politics.

Hopefully that will be bullish for bitcoin though.

Everything you just said, you could easily replace Trump's name and insert Hillary and it would be just as true.
606  Bitcoin / Bitcoin Discussion / Re: Address with 1,885,514 BTC found!! on: April 29, 2016, 03:37:50 PM
No. Learn the difference between total received and final balance.



https://www.reddit.com/r/Bitcoin/comments/4gy9dy/who_is_1fxqe2ixnnsb1kvwbmtwma5xq2bvbksq3f/
Im talking about this, everyone is talking about this address, imagine that it was your address.
Everyone who is talking about this (which is nothing special at all) is just wasting the time of everyone who reads this.

Quote
It's usually a big deal when 10% of any asset gets moved around the world. It's kind of hard to hide too.
10% of nothing has been moved.

Yes it has. Did you go to the link?
607  Economy / Exchanges / Coinbase lowering buy limits without notice on: April 29, 2016, 02:56:36 PM
Has anybody else had problems with Coinbase? I have been a verified Coinbase user for over a year and my bank limit has slowly increased to $2500 over time. I buy some Bitcoin and suddenly they decrease my bank limit to only $100.
608  Bitcoin / Bitcoin Discussion / Re: Address with 1,885,514 BTC found!! on: April 29, 2016, 02:53:05 PM
What the fuck are you talking about?

https://www.reddit.com/r/Bitcoin/comments/4gy9dy/who_is_1fxqe2ixnnsb1kvwbmtwma5xq2bvbksq3f/

Im talking about this, everyone is talking about this address, imagine that it was your address. Bitcoin is shit when it comes to fungibility thats why we need confidential transactions and coinjoin so people don't speculate about other people's finance when they see big numbers.

https://blockchain.info/address/1FXqE2ixnnSB1kvwbMtWma5xQ2bVbkSq3f

Wow look at that shit! how much money is that? crazy. And the address doesn't stop receiving more and more coins! everyone is speculating already. Some people has been doing research and one theory is it may be a OKCOIN cold storage address, but why wouldn't they split accross other addresses to not create a millionaire address which always raises the eyebrows of curious people and in general? I mean it's pretty crazy.

The fact that there's a lot of people talking about this right now and investigating proves the quick need of Confidential Transactions and Coinjoin. Imagine if it was your business and everyone was speculating and researching on your money movements! Please Core devs give us more privacy soon!

That is OKCoin.com's wallet.

They only have 3,984 BTC in there atm, but 1.8 million has rolled around it.

Correct, I didn't mean to say current balance, but it's still a lot and as you see those addresses raise eyebrows and people speculate because we don't have enough privacy with Bitcoin yet.


It's usually a big deal when 10% of any asset gets moved around the world. It's kind of hard to hide too.
609  Other / Politics & Society / Re: How many of you are anarcho-capitalist? on: April 29, 2016, 01:16:51 AM
I'm curious

i dont understand what is the meaning of anarcho-capitalist term ?  anarchism and capitalizm cant complete each other for sure.. these two idea is totally different from each other..

First of all, please define the terms in your own words so we can see where the confusion is.

Anarchy means 'without rulers'. And capitalism is simply an economic system in which each individual is left to decide on their own what, how much, and how goods are produced.
610  Other / Politics & Society / Re: How many of you are anarcho-capitalist? on: April 28, 2016, 03:40:28 AM
when i became a man i put away childish things

It's not childish when you realize 200,000,000 people have died by the hands of governments in the 20th century. The burden of proof to show that we need government is on statists. Not anarchists.
611  Other / Politics & Society / Re: How many of you are anarcho-capitalist? on: April 28, 2016, 03:32:55 AM
I am an anarcho-capitalist. Though I find it redundant to combine the terms. Capitalism is to anarchy what socialism is to communism. Many people posting here have no idea what capitalism or anarchy is. They automatically associate words like 'greed' 'money' and 'banksters' with it and these words invoke negative emotions in them so they assume capitalism must be bad.

Just look at that guy above who said he didn't know someone could combine anarchy and capitalism. I would like to know his definition of what he thinks these words mean.
612  Economy / Exchanges / Noob question on Bitfinex fees on: April 26, 2016, 09:51:30 AM
I have a question on how the Bitfinex fees work. They have a .01% maker fee and a .02% taker fee. So am I correct to think that placing an order will cost me .01% of the amount I order? And when that order is carried out I then have to pay .02% of the amount that I ordered? So in total I will have paid .03%?
613  Economy / Speculation / Re: Can bitcoin rise up to 800$ this year ? on: April 24, 2016, 05:39:35 AM
July is a pile of tinder waiting to happen. All it will take is one spark.
614  Economy / Speculation / Re: 1 bitcoin = 200k dollars on: April 20, 2016, 04:38:45 PM
I'm sure it would never happen, $ 200k is a number that is too much for bitcoin today, it can change the world economic system, although I do not understand how bitcoin change it all

Yeah, its something very high and an unrealistic price to reach even if entire population use bitcoin as their primary source for their transaction as well regular purchases.


In economics, M0 represents physical money such as cash and coins. The amount of M0 money supply in the world is around 5 trillion USD. If this money went into Bitcoin, 1 bitcoin would be worth around $250,000. And if you consider that M1 money supply is around 30 trillion, and M2 money supply is probably around 100 trillion, the numbers can get quite crazy.
615  Economy / Speculation / Re: 1 bitcoin = 200k dollars on: April 20, 2016, 04:08:45 PM
616  Economy / Speculation / Re: Time to sell my laptop so I can be all in on: April 19, 2016, 11:55:24 PM
Could you imagine if there was a headline that half of all oil production was going off line!  Half is huge!

I sold a bunch of alts to get more BTC after we broke out of that pennant pattern.

The volatility has been so low and that has always happened before major moves.  Fasten your seatbelts.

Oil is different. Oil is a consumable good. Once it is used, it is gone. Things like Bitcoin and gold are created and 'added to the pile' so to speak.
617  Economy / Speculation / Re: $13,000 bitcoins by the end of 2016? $120,000 by 2018? (golden ratio fractals) on: April 19, 2016, 11:50:50 PM
Quote
People don't know they want it, but they want it, and once the realization kicks in, they will race to buy them.

I agree with your points except that the 'them' in your quote could mean Litecoin, Ethereum, Lisk, Google Coin, Federal Reserve Coin, etc...
618  Economy / Speculation / Re: Everyone is hyping about bitcoin price in 2016 on: April 16, 2016, 02:55:24 PM
What I am about to say is not a rational argument at all but.... if you believe that the BTC price will not increase significantly around the halving, you should not be a trader. You do not understand market psychology, herd mentality, panic buying, etc...

You are trying to apply logic to price movement which will get you no where.
619  Economy / Speculation / Re: Technical Analysis Prediction on: April 15, 2016, 01:51:58 PM
Possibly, but there are such things as false breakouts. I'd wait for a break of the February highs for a confirmation.

Probably the wiser bet.
620  Economy / Speculation / Technical Analysis Prediction on: April 15, 2016, 01:37:35 PM
I believe we are currently breaking out of a symetrical triangle. Potential price move up to $700 over the next few weeks/months:

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