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6501  Bitcoin / Bitcoin Discussion / Re: Bitcoin is in trouble on: February 18, 2016, 12:13:38 PM
As Taylor said and very well:

Quote
Cost to pay Bitcoin ransom: $17k
Cost to hire an IT security person: $85k

Sorry nerds the math doesn't work.

https://twitter.com/SwiftOnSecurity/status/700138172324261889

It's simply much cheaper paying ransoms than having decent security...

85,000 USD to hire an IT security person? really? this is his salary for how long? 1 job?

even if that number is true , paying ransom means they can get hacked the next day and have to do it again and again, the hacker might even leak their security holes online so any novice hacker can get in and mess with their systems.
6502  Bitcoin / Bitcoin Discussion / Re: .coin or .bitcoin domain name extensions on: February 18, 2016, 12:05:22 PM
I'm surprised that nobody has tried to setup up any crypto-currency domain name extensions. There must be an opening there as the market expands.
We already have .co.in though Smiley

Careful with country code TLDs. They allow a government to seize your domain for any reason they choose, and often there are rules on country code TLDs that are more restrictive than gTLDs.

In India for example was to ban bitcoin, you could see anything on .co.in taken down - even if it wasn't servicing India.

With gTLDs the USA can easily seize it, remember The Pirate Bay and Megaupload?

and also if a country decides to ban bitcoin they would easily ban all the .coin and .bitcoin domains. although banning them is not a big deal but it is going to become a pain in the ass for people in those countries.
6503  Economy / Speculation / Re: My BTC Prediction for 2016.. on: February 18, 2016, 11:57:17 AM
BTC  will surely gone to 700 us dollar. and highest price will be 1700 us Dollar.

i think the $600-$700 is a good guess for how the price can be in 2016 but for the highest price, i don't think bitcoin is at a stage that can go that high (i mean your prediction of $1700) if a bubble happens i think the max is going to be between $900 and $1100
6504  Economy / Service Discussion / Re: Twitter Campaign Overview [Updated 2/14/2016] on: February 18, 2016, 11:46:15 AM
thanks for your efforts.
i point you forgot is that you should add a key for your table. for example similar to Mitchell's post you should add what each of the acronyms (CFNP,...) mean.
6505  Economy / Service Discussion / Re: Why is it theres so few signature campaign offer for newbies? on: February 18, 2016, 11:43:49 AM
i remember when i was a newbie i did not even know what a signature campaign is so i guess any other new user would not know it from the start.

and after a while when you become Jr member, you find out about them and also know enough about bitcoin to be able to post on the forum.
6506  Economy / Gambling discussion / Re: Why is gambling so addicting? on: February 17, 2016, 10:49:24 AM
I think it's like taking drugs, they know that it won't do them any good but gamblers will still continue. They have the same 'high' feeling I guess.

gambling addiction is a form of mental addiction while abusing drugs will have physical need which leads to addiction on top of the mental need.

so i guess quitting gambling is going to be easier because you only have to discipline yourself.
6507  Economy / Gambling discussion / Re: Spanish League Prediction Thread (La Liga) on: February 17, 2016, 10:43:17 AM
Sporting Gijon vs Barcelona under 3.5 goals @2 is what I liked among so many options.Gijon is really playing amazingly and performing very good at home.This should be a narrow win for Barcelona which will be by 1 or maximum 2 goals.Gijon will fight and give tough time to Barcelona.

i agree. i also have a good feeling about this Barcelona match and especially my gut tells me the 2 goals is going to happen.
6508  Economy / Gambling / Re: NicerDice.com - new dice site on: February 17, 2016, 10:39:20 AM
Hey all,

New site just launched http://NicerDice.com

Looking for your input on which coins to include other than BTC.

Thanks,
Cryptocent

you should make your dice site unique and different from other similar dice sites and remove any possible bugs that exist int the script that you used.

but to answer your question i personally like to gamble coins like Doge, Clam and RDD which i have a lot of and has lower value.
6509  Economy / Gambling discussion / Re: How to quit Gambling for good? on: February 17, 2016, 10:30:18 AM
How does one Put down Gambling for good?

if one is an addict, a gambling addict; sometimes the only way he can quit his bad addictive habits is hit rock bottom so he realizes and quits.

and for gamblers rock bottom is when they run out of money and they are in deep debt and sometimes even go bankrupt over gambling.
6510  Bitcoin / Bitcoin Discussion / Re: Cheapest price you bought your Bitcoin(s) on: February 17, 2016, 10:27:16 AM
Think back.. to what was the cheapest price you've bought your BTCitcoin(s) for compared to USD.

i bought some at $190
at the time when everybody was complaining about the price being low and at $220 stable i had some low open buy orders that were filled one day that a push down came and the price went down for a moment.
6511  Bitcoin / Bitcoin Discussion / Re: Bitcoin Giveaway on Bloomberg on: February 17, 2016, 10:20:16 AM
I have to say that it is an interesting concept. However, only the people who already know Bitcoin will be able to claim it, so this doesn't look really attractive for me.

interesting point.
but i think the purpose of this, as it is mentioned in OP is to show how easy it is to send bitcoin to others even on TV with just a barcode.

but i agree that this amount on the barcode is never going to go to a new bitcoin user because they are not going to have the slightest idea what to do with that barcode and even if they figure it out it is going to be too late because a hungry bitcoin veteran had already claimed it in a blinking of an eye.
6512  Other / Off-topic / Re: How would you guys react if you guys lost 10, 000 bitcoin? on: February 17, 2016, 10:14:04 AM
that is such a nightmarish question you ask here.
even if i lose 0.1BTC i am going to lose my mind let alone 10,000 BTC that is the end of me Smiley

but anyways if i had that much bitcoin i would have stored it in at least 15 different places on different devices with different wallets and different encryptions. the risk of losing it will be mathematically low this way.
6513  Economy / Trading Discussion / Re: Selling Bitcoin anonymously on: February 17, 2016, 10:07:39 AM
I'm trying to sell some bitcoins anonymously (I'm not looking for 100% anonymity but a method which I don't have to give my ID for example), here's what I found:
1. Cash by mail with local bitcoin but I'm afraid of receiving counterfeit bills.
2. Bitcoin ATM
3. Sell for cash face to face.
4. Getting a Payoneer card and sell bitcoin to payoneer with localbitcoin
Do you have know of any other way I can sell it?
and also do you know of any other debit card besides Payoneer that doesn't require ssn?

the best option is always number 3 but at the same time it is the worst method too.

first of all you have to find someone who is trusted and not going to mug you in the street (face to face) then you have to find a good price, because they will usually buy your coins so much cheaper than current price.
you might also wanna read these:
https://www.google.com/search?q=bitcoin+robbed+at+gunpoint
http://www.coindesk.com/bitcoin-stolen-new-york-gunpoint-robbery/
6514  Economy / Trading Discussion / Re: Can someone please explain localbitcoin's high prices? on: February 17, 2016, 10:03:41 AM
it's about supply and demand, since there is no market order on local bitcoin, but it fuction exactly the same as an exchange, you can expect someone to sell(make an "order") above price market by offering many option to receive the payment

people are willing to pay that plus amount in those cases

yeah this is just because of lack of competition in this market. for example in my country there are a handful (like 20 or so) of traders on localbitcoin and private websites who exchange bitcoin to local currency and out of that there is only a couple of them who can be trusted.
so we all have to accept their high asking price and low bids for our exchange to fiat!
6515  Economy / Speculation / Re: Bitcoin is IMMORTAL... on: February 17, 2016, 09:59:00 AM
i agree, its price wont go don to 100$ or even 200$, it will only rise more and more, it's too hard to kill thing like bitcoin when it's so popular now

it is hard to say never when it comes to bitcoin price. since there is a lot of newbies buying bitcoin and investing their money in it, there is always the possibility of panic sells. because they are newbies and doesn't have enough knowledge of the market and can't recognize FUD they do panic sells easily.

one thing is for sure though. bitcoin will grow overall and never die. as more people use bitcoin, these big swings will become smaller and smaller too.
6516  Economy / Trading Discussion / Re: How to convert BTC in real cash on: February 17, 2016, 09:54:16 AM
the best option always is finding someone close to you to exchange bitcoin with cash but finding that person can be hard because you have to watch out for scammers. you might also want to check localbitcoins in order to find a person close to you. but similarly you should watch out for scammers.
6517  Economy / Exchanges / Re: Someone logged into my btc-e account. What do I do? on: February 17, 2016, 09:48:53 AM
if you want to be safe, clean your PC with using antivirus and antispyware programs. run a full check in order to remove any possible threat that might exist on your PC.

but in order to be 100% safe forever and not to have to worry about these things that much, you should move all your funds to a cold storage.
6518  Bitcoin / Bitcoin Discussion / Re: Guys, is there a wallet with SMS(text MSG) verification ? on: February 15, 2016, 03:08:10 PM
I'm looking forward to store high amount of money in bitcoins and I'm currently seeking for the best options... what do you think?

if you are planning on buying a lot of bitcoin and storing it, i suggest you learn how cold storage works, because it is the safest way.
you can add the addresses (only address no private keys) to a watch only wallet in an online wallet like blockchain.info and they will send you SMS every time you send or receive bitcoin from/to those addresses.
6519  Bitcoin / Bitcoin Discussion / Re: Should Bitcoin even have a future? on: February 15, 2016, 03:04:19 PM
I can easily believe that bitcoin won't be the one.
I might just add that if Bitcoin fails for whatever reason it is highly likely that most crypto-currencies that we know today will be abandoned. This will mostly be due to the fact that the top crypto-currency failed because of reason X (or multiple reasons); what's to stop others from failing in the same way?

this is what i always say to people who are looking for something that replaces bitcoin. in the case that bitcoin fails, nobody is going to look for an alternative (which is a copy of the thing that we are assuming failed) because the thing that caused the failure of such a huge crypto as bitcoin will have the same effect on its copies.
6520  Bitcoin / Bitcoin Discussion / Re: What will Satoshi Nakamoto do with his Bitcoins? on: February 14, 2016, 07:59:00 AM
all of those bitcoins that supposedly belong to satoshi will most probably stay as they are, not touched. if satoshi was planning on selling or using any of those coins, he/she/them would have done it a long time ago when the price was $1200.

Satoshi Nakamoto should definitely do charity with his coins, not just to help but also to spread the word Bitcoins to those who still don't know about it yet...

this is a good idea. i think it would be best those coins could go to a legitimate charity organization. that would also bring a lot of publicity with good word of charity work for bitcoin.
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