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661  Economy / Gambling discussion / Re: Cricket match prediction discussions on: November 17, 2016, 02:38:48 PM
India again in trouble lost 2 quick wickets after winning the toss. English team looking stronger and their bowling attack is very nice on Asian pitch and in India they are doing superb job there. I think this match will be very interesting.

India have managed to recover from the loss of those 2 wickets and now have the upper hand. With both Pujara and Kohli scoring centuries, India can breathe easy. Kohli is still unbeaten on 151 and India will hope he carries on with his fine form.
662  Economy / Speculation / Re: Bitcoin price to hit $1000 around June 2017 on: November 15, 2016, 03:18:32 PM
I'm surprised sometimes from what such prediction appears. I don't say that it will never happen that bitcoin will cost 1000 around June. I think if it happen it will be just great! But I only doubt in factors that may affect on the plan of rising. If new hacking will happen we will not see 1000$ bitcoin price.

Hackings keep happening, but most of them are small in scale. Ideally, they shouldn't have an impact on long-term trends.
They should just be a blip in the larger scheme of things.
663  Economy / Economics / Re: Places to look for economical news and trends? on: November 15, 2016, 03:16:42 PM
I have not had the habit of following the news before, and after spending some time on this forum and talking to people in real life about the economy, I find most people knows what's going on in the world, economically. I really wish to get first hand information as well and stay more updated. Any recommended source of news?

Are you looking for economy as a whole or just a certain country? It's quite different since they have different aspects. Google is your friend and you don't need to look at single site only fore regular economic updates.

For a certain country you can google the country name + economy news ;

For general, then just type economy news or something similar to that.

There are also news site or related sites which has an option to receive daily newsletter or updates.

Google news is good when we are searching for something specific.
To get an idea of economic trends in general, I think a site dedicated to finance/business will be helpful. Google and google news don't provide any insights to me in this regard.
664  Economy / Economics / Re: Chandler Guo : "Bitcoin could reach 1 million dollar" on: November 15, 2016, 03:12:01 PM
“But finally, I tell them, just go back and buy Bitcoin. A lot of people don’t have Bitcoin...Not too much. Only one is enough. If everyone would have just one, the Bitcoin value would go to $1 mln. When Bitcoin becomes $1 mln, the whole world would be crazy and everyone would love to follow and all the other digital currencies would just be the grandson of Bitcoin.”

You can see the video from a couple of days ago here : https://www.youtube.com/watch?v=Zh_mQl2B6es&feature=youtu.be (0:00 to 2:00 should be enough but you could continue)


When Bitcoin becomes $1mn, every satoshi will be worth 1c.
There will be no more dust transactions and no more bitcoin faucets. Plus I won't be working.  Wink
665  Economy / Economics / Re: What if US Dollar Crashes? on: November 11, 2016, 03:56:00 PM
Everything will be digital currency within our lifetime.  its a natural progression.

The future may be digital, but it may be digital fiat as well.
If the dollar crashes, it won't matter if it is held electronically or in the paper form.
666  Economy / Speculation / Re: Panic sellers got flushed fast on: November 11, 2016, 03:53:16 PM
Probably still an effect of Trump winning.

Panic selling  is  just for newbies  out there   which they  tend  to sell out their bitcoins  especially when they saw theres a dip  on the  price.

Trump's win resulted in an increase in Bitcoin's price. There was uncertainty in the market and this resulted in demand for bitcoins.
What we saw later was the correction...
667  Economy / Economics / Re: Places to look for economical news and trends? on: November 11, 2016, 03:50:27 PM
I have not had the habit of following the news before, and after spending some time on this forum and talking to people in real life about the economy, I find most people knows what's going on in the world, economically. I really wish to get first hand information as well and stay more updated. Any recommended source of news?


Bloomberg and Economist are good sites to get an idea about trends and economic news in general.
You can look at social media too, for real time updates.
668  Economy / Gambling discussion / Re: Cricket match prediction discussions on: November 11, 2016, 03:49:06 PM
Those 2 wickets feel so quickly but Murali and Pujara played reall well. With Virat Kohli, I can only hope he stays there to score those crucial 200+ runs to make the score equal. Hoping for any extra runs would be like expecting too much as I don't have hope from the remaining players.
I put my bet on England but India is chasing the runs quite easily.
I still hope England can get few wickets soon and restrict the score to follow on as this ground is good for batsmen compared to bowlers. Stuart too is struggling to get wickets on this pitch. India is really stronger on their own soil.

There is no chance that England can prevent India following on because they need only 18 runs to follow on and there still are plenty of quality batsmen like Rahane , Kohli , Ashwin, Saha who are yet to come to crease . This match is gonna end as draw , I don't think there is any chance for both teams to win .

India are still 200+ behind. A couple of sessions could wipe out this deficit.
But it will still be difficult to build a substantial lead and bowl out England. A draw looks like the most likely outcome of this match.
669  Economy / Speculation / Re: Bitcoin price to hit $1000 around June 2017 on: November 07, 2016, 02:05:36 PM
Since the low in January 2015, the price of Bitcoin has been increasing at a very consistent rate of about 6% per month. As shown on the graph below, the price should hit $1000 in June 2017 (+/- 2 months or so) if it continues at this pace.



People would be overjoyed with that kind of returns in any asset.
I would be happy if we hit an ATH any time before the next halving.  Smiley
670  Economy / Economics / Re: Bad news about Bitfinex on Reddit. Bitfinex hacked again? on: November 07, 2016, 02:03:13 PM
Have somebody saw that post on Reddit?
https://www.reddit.com/r/bitfinex/comments/5blkgo/public_statement_to_bitfinex_vulnerability_you/

It seems like they are in trouble again. I have small amount of BTC and fiat there, now I don't know what to do..

Seems to be an empty bluff. Yet another extortion amount.
Bitfinex would do well to ignore the message and proceed as usual.
671  Economy / Gambling discussion / Re: Cricket match prediction discussions on: November 07, 2016, 02:00:42 PM
That defeat was inevitable what Australia faced today by South Africa. After what South Africa set up huge score on the board as target for Aussies it was big indicator that South Africa has secured lot of the part of the match already. There was no choice for Australia without playing fast as wickets was behaving strange already.

The defeat seemed inevitable today, but nobody would have expected this to happen when Australia were cruising along in the first innings. If somebody had managed to bet on South Africa at that point of time, he would have got good odds.
672  Economy / Speculation / Re: China putting capital controls on BTC! (lol) on: November 06, 2016, 01:46:25 AM
Don't trust every news on the internet. zerohedge is basically garbage and trying to find a good entry price by bringing bitcoin price down.

You can read more here.
https://www.reddit.com/r/Bitcoin/comments/5ay1yx/i_just_asked_some_good_friends_in_china_and_they/#bottom-comments


A substantial portion of the market seems to have believed the China news and dumped Bitcoin. We have seen some correction, but are still 5% below last week's high. We need more publicity for those reddit articles.  Grin
673  Economy / Gambling discussion / Re: Cricket match prediction discussions on: November 06, 2016, 01:43:30 AM
Today second test match is going start between Zimbabwe and Sri Lanka. Even Zimbabwe is playing at home ground . Still, they got very less chance to win this test match. They simply do not have any good test batsman who can play slowly and increase partnerships. SL has a good chance to win this match.

It is to stave off these pointless matches that we should have a tier system in test cricket. Of course, these matches are good for those who want to black swan events. You might get very good odds for a Zimbabwe win.
674  Economy / Economics / Re: The Future of Money? on: November 06, 2016, 01:40:03 AM
I think it is very unlikely that we will see a worldwide crypto currency issued by a central bank since that will require a government so powerful that it can impose his will above the will of the other countries and while the U.S is very powerful is not that powerful.

Never say never. There was no single country which was very powerful in the Euro zone. Yet, we did see the Euro replace the lira, drachma and the deutsche mark.
675  Economy / Speculation / Re: $700 HIT ^^ TARGET 900-1100 on: November 02, 2016, 01:41:35 PM
hold your horses!
let $700 come and stay around for a while then become stable then talk about another higher prices and the moon!

it is always a lot better if price goes up slowly and with a strong buy support rather than going up sudden with some fake pump which is never going to last! and that is actually what's happening right now.

It is not right to classify the current price increase as a fake pump. The Bitfinex hack took the price down a notch and we are just recovering to the previous levels. We are miles away from an ATH, which we know that Bitcoin is capable of achieving.
676  Economy / Economics / Re: The United States is in Worse Shape Financially Than Russia on: November 02, 2016, 01:38:08 PM
The only saving grace for the USA is that its  external debt is denominated in dollars, which it can print. This is not the case for other countries. As long as they are able to refinance their debt, the cycle continues.
677  Economy / Services / Re: [FULL] Rollin.io Signature & Avatar Campaign on: November 02, 2016, 01:21:20 PM
-----BEGIN BITCOIN SIGNED MESSAGE-----
This is Pitham1 on 2-Nov-2016. Please change my new payment address to 1Jek3bNqZqBph5GrfcUg2U8SqQ5bp9t7Gf. Thank you.

-----BEGIN BITCOIN SIGNATURE-----
Address: 12PXMw95mR6NVsMUtPcJLW7ucuuKzazgvk
G8ceSmj00lIEGLoGMAbnY32X0m0PK/8Y8oddhLsqV/76GMsMXxVXEtjT7Y2kJIgrPjKHX1Jj0HntNSJZGO9Vyk0=
-----END BITCOIN SIGNATURE-----
678  Economy / Gambling discussion / Re: Cricket match prediction discussions on: November 02, 2016, 01:13:11 PM
Pakistan just need 5 more wickets to win the match,what a dedicated performance form Wahab Riaz and Yasir Shah ,hope they could build pressure and take the rest of the wickets,Brathwaite is determined not to lose his wicket,the match is getting interested.

An inspired 6th wicket partnership has taken West Indies closer to the target. West Indies need only 46 more runs and with Brathwaite still at the crease, I think they have the edge. This has turned into an absorbing test match. We will have to wait for the fifth day to know the result, with only a few overs remaining and light fading as well.
679  Economy / Economics / Re: You are not successful Bitcoin, but you can get passive income with other way on: November 01, 2016, 10:49:32 PM
You can get passive income if you have been blogging for at least a year.

You can get passive income from many source...But, in the case of a blog you need to put a lot of energy, content, and a lot of energy. The main goal is to get enough traffic and convert it with advertisement you set on your blog.

Do you have a blog?

Do you think blogging - this is passive income? I think that on the contrary it is hard work. Creative work and analyst. Not everyone is able to do.

That is true. People are confusing secondary income and passive income.
Passive income is income from your investments - dividends, interest, possibly rent, etc.
It is income where you do not have to invest time.
680  Economy / Speculation / Re: BTC keep rise again... on: November 01, 2016, 10:47:03 PM
It is very possible to reach 700 USD before 2nd week of november.  There are news about certain people in some countries, securing their wealth by purchasing bitcoin.  I just hope this scenarion wont create unnecessary bubble but a steady price increase instead.  800 USD is on the line after BTC reach 700 usd and 800 USD is very possible this year too.

It didn't take until the second week of November before 700 USD was crossed.   Grin
There are enough positive triggers for the bull run to continue. And this time, it might not be just a bubble.
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