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781  Economy / Gambling / Re: Introducing World Wide Lottery Using Bitcoins on: September 26, 2014, 06:40:26 AM
holy shit i just read in that wall of text that you spent TEN THOUSAND DOLLARS on that site?!?


Your friends robbed you buddy. THat site is garbage and I could get a freelancer to do better for $50
782  Economy / Gambling / Re: Introducing World Wide Lottery Using Bitcoins on: September 26, 2014, 06:39:29 AM
Hey guys I have registered, username Gordoh  Smiley

I don't really care about the sceptics, I will give it a try. Good luck guys, I hope the project is extremely successful.

783  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 26, 2014, 05:33:51 AM
You will need to mention the limitation in your research. For instance, many of the posts are created from troll accounts. Most of them do not offer meaningful comments. Look no further than this thread.

Surely... but the distortion caused by trolls should be somewhat lessened by counting recently active threads rather than recent posts.  (A trollpost may cause some low-activity thread to show up as active in the sampling window.  However,  a thread that is heavily "infested" by trolls will still be counted only once.)

It can be argued also that even trollposts are evidence of public interest on some broad topic.

Anyway, if the proportion of trollposts to good posts in each category is about the same, they will not have much effect on the percentages.

Whats the point you're trying to get across with those figures?
784  Economy / Gambling / Re: Introducing World Wide Lottery Using Bitcoins on: September 26, 2014, 04:16:10 AM
ok guys... just sit back, grab some popcorn and enjoy the show... We will be around for a very very long time...

Nah i've seen this show before.

This doesn't even look like a well made version of it.
785  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 26, 2014, 04:03:57 AM

Jesus christ, he sure spends a lot of time trying to convince us no one cares about bitcoin considering he really believes no one cares about bitcoin.

Surely thats the kind of thing you don't need to point out?

To use an often cited example, no one gives a fuck about beanie babies anymore. Why are the investment experts not harping on about how beanie babies should be ignored?
786  Economy / Gambling / Re: Introducing World Wide Lottery Using Bitcoins on: September 25, 2014, 01:05:27 PM

 How can you jump to that conclusion without knowing ANYTHING about us, and what you beleive is your right, but we are NOT a scam and we intend to be around for a very long time. Recently someone in another thread asked me "Why trust you?"      

Here is the best answer i could come up with:

Good question with no easy answer...  But I have a lot more to gain by running this lotto honestly and properly, with a good community and fun. If i were to try and scam the public, i suppose i could make a couple thousand dollars, or if i put tons  of time and sold tens of thousands of tickets maybe i could scam the for 5k maybe 10k ($USD)...    
   Now think about this... if we are selling that many tickets, think about how successful of a business it has become by then...   So why would i cash out with 10k or even 100k??    This business model has potential, if done correctly to be a huge world wide lotto with players all over the world and potential having jackpots with millions of dollars worth in btc...  
 
   The tickets are only  .001Btc... that's about 40 cents USD...  what do you have to lose? Are you really afraid of getting scammed out of a buck or two?  

   We have put thousands of man hours already into developing this site with an extremely complex back end. We have purchased a brand new lottery machine that was a few thousand dollars and shipped it to costa rica which was another thousand or so... The development of the website and back end was 10,000$ and that was because some friends helped. The promo commercial was 2000 to produce, legal fees to set up the corporation was another 2k, servers and monthly expenses are about 1200, we have had these monthly expenses for 2 moths already. So roughly over 20k invested already, and don't forget about the monthly expenses...  do you know how many tickets we would need to sell just to break even?!  We would need to sell 50,000 tickets just to break even, lol...   and then if it were to be a scam we would want to sell another 50k tickets to actually make money. So imagine now we have sold 100k tickets, do you think it would be wise to "scam" everyone and walk away from this project that we pored our hearts into for 6 months and another 6 months to sell 100k tickets? no it's not wise at all! you know why? Because a working business model like that could already be sold to a large gambling company for at least a couple million, but if we held it for a few more years and it became super popular, selling 100k+ tickets per drawing, so almost 1 million tickets per moth, then someone would probably buy the brand for tens or even hundreds of millions...
    So again, WHY THE HELL would we scam for a few thousand dollars! this is insane.. LOL
   We are going to be integrating a forum where our players can chat with each other, there will be a winners section where people can post their winnings and people can ask questions etc.

   We are passionate about bringing a very honest lottery to the people, we want to be as transparent as possible. We are open to suggestions if you have them about anything that might be able to show trust more.

   Time will tell, we will have live drawings twice per week and then you can go back and watch them as we will post them on our youtube channel. We are very proud of World Super Lotto and we do care about making this the best lottery in the world.
   Please feel free to ask any more questions

   And instead of saying something so ignorant, why don't you take us up on our offer for a coupon code for FREE tickets, so you can get the experience, we have a LIVE drawing on October 1st, it will be fun and exciting!




Said every scammer ever.
787  Economy / Gambling / Re: Introducing World Wide Lottery Using Bitcoins on: September 25, 2014, 01:03:46 PM


Childish design. Your images are getting distorted in mobile view. The favicon is still using the Joomla default.

Oh god, I Didnt even look at the link.

IM TRAPPED IN 2004 SOMEONE LET ME OUT

788  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 25, 2014, 12:59:33 PM
Why are there two people arguing in the general conversation thread?
789  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 25, 2014, 12:55:42 PM

Time flies fast


When you're 10, each year is 1/10th of your entire life, so it seems like it goes on forever.

By the time you're 50 one year is only 2% of your life, so it seems like it passes by so much faster.

But yes, time is going by increasingly rapidly. It's a bit disconcerting.
790  Economy / Gambling / Re: Introducing World Wide Lottery Using Bitcoins on: September 25, 2014, 12:19:51 PM
Yeha this looks legit, not
791  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 25, 2014, 12:07:41 PM
...I was in the forces and I lived in 4 countries before I turned 18. I've seen a lot of the world, there aren't too many places I fancy going left.

You got 20 years on me old man, haha, I must be wise beyond my years  Grin



lol google image search resulted in "child smoking photography"

I'm not sure what you mean hah
792  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 25, 2014, 11:49:01 AM

My thought have been that I would use some of the extra cash flow for frequent traveling.. but it never hurts to have a little extra cash flow (even for savings purposes).. and I anticipate needing to return to the states about two times a year which is NOT cheap... . at least maybe until I make sure most of my matters/affairs in the states are settled...  and the reality may be that it will NOT be completely feasible to sever from the USA business.. .. still contemplating options in that regard.. I am actually in my late 40s, so NOT a spring chicken, but pretty decent energy and health.. Knock on wood.




I still travel a little, but to be honest I was in the forces and I lived in 4 countries before I turned 18. I've seen a lot of the world, there aren't too many places I fancy going left.

You got 20 years on me old man, haha, I must be wise beyond my years  Grin
793  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 25, 2014, 11:46:52 AM
...
I live in South East Asia, I live on around $2000 a month. That's in a nice villa, with a nice car, and I eat out at least 2x a day (in western restaurants not local food)

in Europe my lifestyle would eat 90% of my income, over here I save >75% of my income.

In most of US, you wouldn't be able to afford your lifestyle, period.  I lived on $2k a month (NYC) and trust me, there was no talk of "villas" or saving Cheesy

Yeah, I lived in NYC, my friend's gym membership in manhattan was $300 a month.



2k$/month even after tax sets you for a very poor and stressing life in a big rich western city

2k$/month + 2k$/month for your girlfriend all after tax may start paying you a kind of confortable life

I never said I make 2k a month, i said I live off 2k a month and I save more than 75% of my income.
794  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 25, 2014, 11:36:27 AM

Currently, I have a pretty steady $2500 to $3000 per month of mostly passive income (investment related so does NOT take too much time to manage); however, I have an ongoing business that I am having some troubles with keeping it completely operating on its own (thus takes way too much of my time, without any additional payoff for the time i spend, except perhaps to lessen various potential liabilities), and I am considering that it could be better to figure out a way to completely sever from the business... because I am ready to move to the next stage.... and to spend my time in more leisure activities.. accordingly, your response makes me a little anxious about moving on...

Well, in any event, I have to think practically and I cannot just cut my business issues... so I gotta work them out... hopefully, sooner rather than later...  Embarrassed

I have a wife, if you're single you could half that or more easily.

Honestly I could live off $500-750 a month by myself, she's the one who insists on the villa + car. I'd be happy with a condo and a motorbike.

795  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 25, 2014, 11:34:11 AM
...
I live in South East Asia, I live on around $2000 a month. That's in a nice villa, with a nice car, and I eat out at least 2x a day (in western restaurants not local food)

in Europe my lifestyle would eat 90% of my income, over here I save >75% of my income.

In most of US, you wouldn't be able to afford your lifestyle, period.  I lived on $2k a month (NYC) and trust me, there was no talk of "villas" or saving Cheesy

Yeah, I lived in NYC, my friend's gym membership in manhattan was $300 a month.

796  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 25, 2014, 11:18:04 AM


I have some business issues in the US of A that I am trying to get in order - otherwise I am considering various ways to become location independent.  Currently, I am attracted to south east asia, more than europe - and part of my thinking is that I can live a lot better on a lot less (accordingly, live well within my means, and continue to accumulate wealth with a mostly passive income).  Potentially, later in life, I will be able to travel and live in more expensive areas...... Well, anyhow, this is more of a work of progress than anything set in stone...

Further, I am anticipating that there are going to be a lot of ongoing wishy-washy developments and adjustments when it comes to various tax treatments of BTC... from what I understand, Americans traveling abroad would NOT be required to count the gains of their spent BTC, so long as those BTC are spent overseas.

Regarding number of merchants, the more the better, and regarding spending, there are a lot of mixed blessings about that, and the USA, as most of us already realize, has one of the worst spending records - and some of the american consumerism habits are spreading to other areas around the world... NO simple solutions there when it comes to inequality and wasteful spending while some people are barely able to scratch by meager livings others are living wastefully high on the hog.  Seems to be a topic beyond the scope of this thread (though this thread seems to be fairly tolerant of a variety of topics so long as they are anywhere remotely connected to BTC walls - and even then... ooofffffta...).   Cheesy

I think we have a lot in common, I became "location independent" about 2 years ago now.

I live in South East Asia, I live on around $2000 a month. That's in a nice villa, with a nice car, and I eat out at least 2x a day (in western restaurants not local food)

in Europe my lifestyle would eat 90% of my income, over here I save >75% of my income.


797  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 25, 2014, 10:34:17 AM
Paypal is bigger than that, if they offer bitcoin as a payment method to their customers, unless they're only one way (which I doubt) they'd need to keep them on hand for their customers to both pay with and receive.

It wouldn't be like dell dumping it all on bitpay, paypal would need a certain amount of btc in their reserve

I understood that PayPal is merely accepting dollars from BitPay/Coinbase/Coinsetter and delivering them to merchants who subscribe to PayPal.  And for "digital goods" only. And only in North America. Isn't that so?

In other words, it is just like Dell: people who buy BTC now (on the exchanges or over the counter, in bulk or retail) are paying the shopping bills of owners of old cheap coins who choose to "pay with bitcoin".  Only that there is one more intermediary (PayPal) taking their fee.

Yeah, so far. No one expected paypal to turn around and say "fuck dollars we're now a bitcoin only business" at one fell swoop
798  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 25, 2014, 10:32:37 AM
^ i don't know where all the hate for MMI comes from.  Back in the day he mined and was hugely bullish.  He reads the charts and now calls a bear market = everyone pours vitriol and hate.

This sort of behaviour simply reinforces the cultist profile of BTC users -- tow the party line or be ridiculed.  Sad but I guess a symptom of the interweb these days.

I think doge is stoopid but I don't spend all day on a doge forum gloating about the price of dogecoin and insisting people recognise that I was right all along.

That's why people dislike him, because only an asshole would spend so much time and energy on something they dislike.
799  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 25, 2014, 10:23:45 AM
PayPal acceptance is a game changer

that will add even more selling pressure.

remember, every time new merchant jumps in - just sell.

Paypal is bigger than that, if they offer bitcoin as a payment method to their customers, unless they're only one way (which I doubt) they'd need to keep them on hand for their customers to both pay with and receive.

It wouldn't be like dell dumping it all on bitpay, paypal would need a certain amount of btc in their reserve
800  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 25, 2014, 05:15:32 AM
I've managed to buy back 7 bitcoins so far.

I'm still down 8. Must buy 8 more btc
must buy 8 more btc
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