The answer is very simple.
Bitcoin was / still is a pump and dump scheme, it will fall from $500 to $50 in 2016 just like it did from $1200 to $120.
Ive made sick money ignoring anonymous, unsubstantiated speculation like this. By all means, please continue.  Of cause few people make money from pump and dump scheme. that's why it has been created in the first place. Well I hear a lot about P&D, but I never see anyone show the method or provide any proof. Dude I'm not saying it's going to dump or anything, I just didn't want to take the risk, that's why I sold. Bu I don't see a reason to trust this huge rise neither  |
|
|
|
The answer is very simple.
Bitcoin was / still is a pump and dump scheme, it will fall from $500 to $50 in 2016 just like it did from $1200 to $120.
That's my global feeling of the situation but as lots of people are thinking the contrary I'd like to hear their opinion  |
|
|
|
One thing that is commonly a job of scientists is to deduce the "secular trend" in a dataset by stripping out known periodic and cyclic variations. This is extremely difficult to do with data sets that come from differing measurement methodologies and measurement intervals. Both these sets you have presented are such.
This is a recognized problem, thus we now have the satellite measurements of regional temperatures, which can be aggregated into an overall data set. At least for the last 30 some years. Similarly, we have new means of measuring ocean height, and "sea level rise."
Over several decades, say by 2050-2080, I believe we truly will know a lot about the Earth's climate. Today we do not understand it very well.
Is there a "right" global temperature? Is there a "right" sea level?
These are important questions. I do lean on the side of denying that any disaster is coming from man's injection of CO2, but this is a scientific opinion, and certainly is subject to change as more and better data is acquired.
Sir you're really hard to understand totally. Maybe it's because I'm not perfectly fluent but from one post to another you really seem to have a different tone Ok I get your point, hard to have a definitive answer on everything. But there are some aspects on which everyone agree. For example, the vicious circle of CO2 injection: the more the density of CO2, the less trees are able to absorb. The fact that our current rise of temperature has never been seen on such a tiny amount of time, same for sea level and destruction of biodiversity. I totally agree with you: nature has its own cycles, it's not because biodiversity is destroyed or sea level rises that it's a bad thing, it already happened. But what can't be denied is that all those things happen in an incredible close gap of time, one that has never been seen before. One that has never been measured.  When you look at such data, I find it difficult to think otherwise than man activity and CO2 emission is linked to the rise of temperature. |
|
|
|
|
I'll try to be short and clear.
I bought 4 btc just before blackfriday as blackfriday has always been linked to a rise of btc price. I thought I'd sell just after but thanks to a little PD problem I had to wait some time.
And I'm more than thankful as I withdrawed my fund the price was up to 400 without any sign of going down.
I sold everything at 450 while things reached a decision point. Price might fall and I don't want to loose such a high profit.
My question here is: Is there any reason for this rise? Or is everything just a classic pump and dump scheme?
Bitcoin was not suddenly used by the majority, was not recognized by any country, no big company decided to accept bitcoin... In fact nothing changed between the beginning of November and today. So I don't see any reason to hold and have faith in this recognition for bitcoin. I see numerous threads popping saying "we'll see 1000$ before January". I like bitcoins and I'd be glad it happens, but I just don't see a reason why it would be so.
Any valid argument on this sudden rise? More than the usual "It's what btc worth, it's the future of tomorrow!!!"
Cause yeah I agree Btc worth much more than fiat money but it's no reason for the rise, the reason would be that people suddenly realize this. And I don't see why they would realize it now.
|
|
|
|
|
Bought 1200$ at 325, sold everything today for 1750$.
Yup I'm ahead no doubt about that, I'd say it's the time to sell, bitcoin will drop. There is absolutely no reason it stays at 500$ for me, it will drop unless more companies allow paying in btc.
The faith of people in btc can't stay until things change and scams are reduced!
|
|
|
|
There are some pretty ridiculous laws enforced around the world. One could easily set up legal business to help others do illegal things from another jurisdiction.
True, but most of the time they would be accused of complicity, hard to help somebody do something illegal without being accused of that. Especially if you do it on the Darkweb, which is by itself a confession of malicious intent. I may be wrong, but I think that anyone doing anything on the Darknet is considered guilty until proven innocent. Not saying it's normal or a good thing, but I think it's this way. I think most would agree with you, but there is a lot of good that comes from the dark net. Human rights activists use it to blog and communicate with journalists or blog for themselves safely informing the rest of the world what's happening behind the curtain. It allows uncensored information to reach people living where their government has a national firewall. Allows for whistleblowers to call out their business or country for unethical actions while remaining truly anonymous (safe) Perfectly true. I'm against any kind of censorship and when you see what our pitiful governments and industries let us watch on television, I'm more than grateful that people still provide true information on the web. The darkweb is full of illegal stuff, but you got to reconsider the notion of legal. In my country (I'm French) the state of emergency was declared and it is now legal to arrest anyone under suspicion of terrorism even without any proof. Viva la democratie... |
|
|
|
Damn... Some people truly amaze me. I can't say you did well buddy, but I can say you got some balls! I'm one of the numerous that like bitcoin but don't hold, I trade and invest but always transform to fiat in the end. Well people like you are the reason btc might rule the world one day. Keep holding, you might buy a new house in 2016 |
|
|
|
Payment: 0.0002 BTC each Follower - once a Day directly to Bitcoin Wallet
You're saying the payment will be once a day for each follower, I'm afraid I was not paid today, though it might be perfectly normal. Thanks in advance |
|
|
|
...causing our crazy weather...
There is and has been no crazy weather any more than in the past. No crazy weather any more than in the past? Where do you live dude? Rise of the temperature, of the strength and number of natural disasters, that doesn't ring a bell? Although anecdotal evidence isn't scientific proof, the answer is southern US, and no, no temp rise, no more severe or number of natural disasters... Oh, you're a climate change denier? Well we're not going to go really far. Here are two graphs showing rise of sea level and air temperature. I don't know how you can deny global warming so I'll let you go first with arguments. Never saw an image of the arctic ice melting? And please don't go showing me the ONE study that "prove" the amount of snow is growing higher on the arctic cap. The "scientist" was proven to use unreliable method and was linked to several lobbies of the oil industry.   |
|
|
|
There are some pretty ridiculous laws enforced around the world. One could easily set up legal business to help others do illegal things from another jurisdiction.
True, but most of the time they would be accused of complicity, hard to help somebody do something illegal without being accused of that. Especially if you do it on the Darkweb, which is by itself a confession of malicious intent. I may be wrong, but I think that anyone doing anything on the Darknet is considered guilty until proven innocent. Not saying it's normal or a good thing, but I think it's this way. |
|
|
|
Hey,
Yes I'm the same person as Mladen on support.
And i hope you are satisfied with the result. It was very hard with your issue but we managed to sort it out with your help.
Thank you for your cooperation and your patience.
I'll be very clear. I'm the first one to be annoyed by a slow or incompetent support as I believe that any service or good provided should be linked to a quality support. My issue was mainly my fault (as I forgot a password) and PD had no obligation to help me. The ticket was a bit slow to be closed due to the complication and my lack of initial proofs. But PD support took the time to take care of my problem (though I was the one responsible) and managed to solve it. I'm delightfully satisfied by the quality of the support and your politic toward security and client management. You won a faithful gambler, I don't see why I'd go somewhere else  Thanks again, I hope I won't cause anymore trouble. |
|
|
|
Is it illegal just to have a onion site running in the first place? That would be a cool thing to try but I am scared to dabble in that stuff. It's not illegal no, but why doing so? The only use of Tor and the darknet in general is anonymity. If you don't sell anything illegal, why would you need such privacy? Moreover, the vast majority of people don't use Tor, so creating a legal commercial onion website... Well I don't see the point! |
|
|
|
I could sell it now and make profit but I would rather wait a while longer for it to rise more.
Good decision mate, some economic says that in the 2016 bitcoin will raise to 1000$.. Surely, it's not probably right but patient person will gain a good thins I sure Selling now is for security, waiting is risky, but can be profitable. I'd say the best is to halve everything. Sell half your btc now and wait a bit for the other half, this way you're sure you made some profit but you can also expect more from future rise. Just my point of view though =) |
|
|
|
Reading the responses to the recent topic titled, "I would sell all my bitcoins if…." has left me concerned.
If bitcoin ever reaches $10,000 per bitcoin, you will NEVER see me selling for fiat paper money. You may however see me having a shopping spree at Overstock.com or TigerDirect.com or NewEgg.com! I will be buying things I want with my bitcoin profits DIRECTLY WITH BITCOIN, not selling my bitcoin for paper fiat. Hopefully by then there will be many more options, perhaps even Amazon.com will be accepting bitcoin for goods and I can have my shopping spree there.
The idea that bitcoin could get to be worth $10,000 and still the only companies accepting it are Overstock, Tiger direct and newEgg, made me laugh, o yeah and mybe Amazon....... hahahahhaha True If btc rise enough, EVERYONe and EVERYTHING will accept bitcoins. Seems rather obvious to me. |
|
|
|
...causing our crazy weather...
There is and has been no crazy weather any more than in the past. No crazy weather any more than in the past? Where do you live dude? Rise of the temperature, of the strength and number of natural disasters, that doesn't ring a bell? |
|
|
|
|
Well... It's impossible... I mean seriously?
You can't really imagine that btc could be adopted by the world, totally, without exception, without any other currency being used...
Even 5 figures would be awesome, and unlikely to my opinion.
|
|
|
|
And then you conclude that the only fix is World Fascist Eco Totalitarianism? So that's your only choice? Our current system or a Fascist Totalitarism?  Cause I never said so, I just said that our current economic system is so dumb than even a child can understand it doesn't work... Yeah, you are right. I'll retract "bumbling idiots" and replace it with something like "corrupt manipulators." And there are other possible future outcomes than WFET, but that's the direcion these guys seem to be drifting.... Yeah much better description of our governments In my country (I'm French btw) all the media and politics are like "omg nobody goes voting, fascist political parties are going up and up wtf people? Why?" Why? Well if our votes had the slightest impact maybe we'd do something xD that's why only extremists parties appeared as a solution... And France is just one country, the whole world is going this direction. I just regret people choose fascism, I prefer the left wing. Personal point of vew though. |
|
|
|
Well if assume a number of possible addresses that each has a single satoshi and 21 million btc, we have 2100000000000000 or 2.1*1015 possible addresses with 1 satoshi each. Again the simplistic approach is to multiple the above chance by the number of addresses. So we end up with a ~0.227% chance given the above scenario (100 years, every person uses insanly good computers) to find a single satoshi.
Yeah it's another way it seems that hacking addresses is not for today xD |
|
|
|
You can never know this because in th future the computers may be 1000 times faster, u never know what next is going to be invented. It will take 100 more years at least I think before anyone can hack btc.
Lets look at those numbers and see what happens. My GPU does up to 37 Million keys per second. Lets assume 50 million to have a round number. Lets further assume everyone on earth has such an GPU running and that checking the addresses for a balance takes no time. So 10 billion (rounded up) people generate and check 50 billion keys per second (remember 1000 times faster) for 100 years. A: 10*1000 3 50 * 1000 3 * 60 * 60 * 24 * 365 * 100 = 1.5768*10 30B: At the same time we have 2 160 or ~1.4615*10 48 possible addresses with 2 96 private keys each. A/B = 1.0788 * 10 -18. So still a lower chance than winning a 6 of 49 lottery 3 times in a row. Shorena have you calculated the impact, if more people adopt Bitcoin and more addresses are being used? I know the math are staggering and the chance is nearly impossible... but I would like to know how the possibility increase as adoption grows and more addresses are being used. In theory the math should be in your favor, if more addresses are being used? Personally I would much rather invest that hashing power to mine bitcoins, than trying to hash a private key. Easy to do so. Imagine we're 10billion, we all have 10 adresses. It makes 10 11 adresses in total. So A/B is still 1.0788*10 -7 , for 100 years of work... With all the absurd hypotheses previously made ^^ I'd say it is still rather safe! |
|
|
|
|
Thanks for your list, I wish I had it before...
Maybe you could think about classifying them, making the list starting with the best one.
But it's hard to do so I suppose, at least here you give everything we could need to judge them.
Thanks again dude!
|
|
|
|
|
Show Posts
