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81  Bitcoin / Bitcoin Discussion / Re: Dark Wallet: Let There Be Dark! on: May 15, 2014, 05:06:17 PM
I just couldnt trust this, As somebody else has already said. Its another 3rd party site.
And people inevitably make mistakes, Not me though of course  Roll Eyes

Dark Wallet is NOT a 3rd party site, it is a wallet that you install on your computer.
82  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com on: May 15, 2014, 07:17:59 AM
Also, coins are profitable mostly due to a drop in difficulty, not a spike in price.

Yes but since when difficulty drops for a particular coin everyone runs to mine it, multi-pools first... and they dump it as soon as it is mined... guess what happens to its price.
83  Bitcoin / Bitcoin Discussion / Re: How can you spend bitcoin if you do not earn bitcoin? on: May 14, 2014, 10:55:20 AM
it is not a good move to use fiat money to buy bitcoin and then spend the bitcoin as it will turn out to be more expensive and ineffective

Why?



simply because you lose more if you spend those bitcoins because they rise in value, unlike fiat which is inflationary. If say today you bought a laptop for 1 btc @450. Tomorrow the price of btc goes up 10% to 495 and the vendor adjusted the btc price accordingly to 0.9 btc. You lose out 0.1 btc, if only you just waited the next day to buy that same laptop but at 0.9btc. Spending btcs will always be a loss because it's deflationary.

Compare with the cost of Paypal transaction for buy something and your puzzle is solved.

/thread
84  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [GER]GermanyCoin! First Airdrop ended at sunday 13.04.2014 ![NEW Exchanges!] on: May 14, 2014, 10:45:36 AM
That has convinced me.
The Pools are using your hashing speed to mine other coins for them self's.
The password you chose for the pools, they try to hack your cex.io account.

Just a other scam coin, pump and dump.  They better call it nazi-coin or something.
 
The new Blizzkrieg!

+1

Obvious scamcoin is obvious.
85  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UPDATE] !! QUARKBARS 1000% PRICE INCREASE !! [UPDATE] on: May 13, 2014, 09:43:33 AM
Great bubble, keep pumping and hope to be fast enough to check before the crash! Cheesy
86  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MEOW] KittehCoin Relaunch IS HERE!!!! on: May 12, 2014, 10:18:04 AM
What is this coin, a new hybrid between a scamcoin and a noobcoin? OMG people! Cheesy
87  Economy / Digital goods / selling a Steam key for Magicka: Wizard Wars - ONLY 0.004 BTC! on: May 12, 2014, 10:03:29 AM
Hello, I am selling a Steam key for Magicka: Wizard Wars.
Make your offer if interested!
88  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com on: May 11, 2014, 07:16:54 PM
Some of you crack me up. Who cares how much it is people want what they mined. If it was something that happened for two week I would say who cares just like many of you. However my first message to Terk about the unexchanged/immature was back on March 25th. Two weeks ago he said the weekend. I understand there are a lot of things that go into maintaining the pool but it's not like profits are shooting up and we are mostly mining ltc anyway. I think maybe it's time to find the time to take care of the issue.

+1
89  Economy / Services / Re: MAKE 1.25BTC FOR FINDING A SCAMMER on: May 11, 2014, 07:15:21 PM
So here is the happy ending after all. The fun is over sadly Grin

+1
90  Bitcoin / Bitcoin Discussion / Re: So if China doesn't matter to BTC, what is causing the price to stay down? on: May 11, 2014, 09:03:14 AM


That chart, as the entire realm of technical analysis, is bullshit. To be more precise: it could be useful to predict future prices if and only if you were the only man knowing it.

For a detailed explanation, I am offering an introduction course to economics and finance at the special price of 0.2 BTC: Wink

 
91  Economy / Services / Re: MAKE 1.25BTC FOR FINDING A SCAMMER on: May 11, 2014, 12:48:55 AM
This thread is too entertaining, thanks OP! Cheesy
92  Economy / Speculation / Re: I give up on: May 11, 2014, 12:20:02 AM
It seems every time I find something that looks promising, I'm just a sucker waiting to give someone else a payout.  I have been following advice a gentleman offered to "hodl" my bitcoin, from $984 all the way down to now $436.  I've just been fooling myself, telling myself "Don't worry hon, it will go back up! It always has!"  I've been spending my time reading the forums and hoping.  My friends called me crazy when I told them it's a sure thing.  The shame is just as bad as the lost money.  So I quit.  You guys win.  Coins sold.  Sad


I just love it when noobs lose their money!  Cool
93  Economy / Service Announcements / Re: SteamBitShop ● Buy Steam games with bitcoin ● Instant delivery (0 confirmations) on: May 10, 2014, 11:56:23 PM
I want Spacebase, will it be on sale?
Yes, I can even go a bit lower than sale price, $13.5 (0.0298 BTC at the current rate)
But I can't find it on SteamBit...? When will it be available for purchase? Thanks!
94  Economy / Service Announcements / Re: SteamBitShop ● Buy Steam games with bitcoin ● Instant delivery (0 confirmations) on: May 10, 2014, 09:51:22 PM
I want Spacebase, will it be on sale?
95  Alternate cryptocurrencies / Altcoin Discussion / Re: Investing in Simcoin? No rush, IPO to remain open for over two years! Yay! on: May 10, 2014, 11:33:24 AM
scamcoin
96  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com on: May 09, 2014, 07:55:41 AM
I've been sitting on about .03 unexchanged for weeks now, are we sitting on a bit of coin that died or the exchange rate went in the toilet?

The same happened to me, I have been waiting for weeks.
97  Bitcoin / Bitcoin Discussion / Re: So if China doesn't matter to BTC, what is causing the price to stay down? on: May 08, 2014, 04:20:53 PM
I am new here so I don't know what I am talking about and most likely will be labeled as a troll.

What I see is bunch of people sitting on their BTCs waiting for the price to sky rocket, again. Sure, history is full of those kinds of stories. NOT!

If this board is any indication, almost nobody is using BTC as a currency. They are sitting on BTCs in much the same way as somebody who is stashing cash, Fiat, in their mattress expecting it to grow.

Why should it grow in value if almost nobody is using it?

The idea that BTC is a currency is a joke.

+1

well, to be more precise, Bitcoin is used as a currency by many sellers and buyers (me included).
But you are correct when you read in this forum that many, many self-styled "investors" just buy bitcoins to hold them, hoping that the price will rise. And this is the textbook definition of a speculative bubble. So yes, the Bitcoin price is clearly inflated beyond what it would be considering its "normal" usage (i.e. as a currency).
Will the bubble burst? Of course, the only question is when. It will be a pleasure to see so many noobs losing their money.
98  Bitcoin / Bitcoin Discussion / Re: So if China doesn't matter to BTC, what is causing the price to stay down? on: May 08, 2014, 01:18:29 PM
Where do you get this from? You're the ONLY person I've ever heard to say this!

I am pretty sure, that there were People who said the same, when BTC reached 200 USD for the first time last year or any other significant marks since the beginning of Bitcoins.
According to your Forum-Profil, you are not Long enough in the game to know the rules(if there are any).

Just ask yourselves how much of the current Bitcoin price is due to its utility (i.e. its use as currency for buying goods and services) and how much is due to the speculative bubble (i.e. people buying and holding coins only because they are sure price will rise). Think about this and you will get the answer.
Could bitcoin price rise still more in the next few months? Sure, but the more it will rise, the harder it will crash once the bubble will burst.
99  Bitcoin / Bitcoin Discussion / Re: So if China doesn't matter to BTC, what is causing the price to stay down? on: May 08, 2014, 11:47:53 AM
Bitcoin price has reached its maximum. There is no way it can grow significantly in the next few years. Actually it could decrease if the speculative bubble deflates (i.e. if the "investors" that are holding bitcoins realize that the price is not going to grow and decide to sell).
100  Bitcoin / Bitcoin Discussion / Re: Bitcoin Dark Wallet: The Excuse Regulators Needed on: May 05, 2014, 01:50:54 PM
Just come up with some noble reasons for anonymity
...
  • Financial transaction by people who live in oppresive regimes

The war on drugs seems pretty oppressive to me.


And we can see how much successful the war on drugs is... I mean, successful in making drug lords and politicians rich.
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