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8121  Economy / Speculation / Re: Website to follow McAfee's $1,000,000 model on: April 16, 2018, 09:49:09 PM
If we are above the red line, or touching it, we are in good shape to reach the $1,000,000 prediction, if we go below, it would mean we are oversold, and therefore a good time to buy the dip. So far we are right on track after the big dip.

People are seriously going to trade based on this?

He's an even better huckster than I first thought if this idea has taken hold. I think he's rather more interested in the attention it got and the money he already got than it bearing any relation to realistic outcomes.
8122  Economy / Economics / Re: Big Reasons Why Many Families Are Feeling Extreme Financial Stress on: April 16, 2018, 09:34:29 PM
For many first world countries it's the ever spiralling price of housing that puts the most pressure on people. It's slowly strangling society. Because of the cost of shelter people can't afford to own, move, rent in many a place or consider starting or running a family.

If that one necessity is effectively beyond reach for normal people then every other aspect of their life is crippled.

It's appalling how it's been permitted to get to this stage, but it is no doubt planned as part of the inevitable march towards the return of serfdom. The middle class is slowly fading away.
8123  Economy / Digital goods / Re: 100% Risk Free Profit! | £10 start! | Make £12000/year! (UK) on: April 16, 2018, 09:13:24 PM
Sounds fishy and sounds like a scam. You will need somebody who can vouch. Maybe offer free service for high ranked member here on forum so we know if this works/not work. Honestly I am very skeptic when I hear ads like this offering fast money schemes.

My guess would be that this is matched betting of some sort which is indeed tax free and fully legit.

I know a few people who've done it. It was very time consuming but was dependable. I thought the betting companies were less inclined to foster it these days but there must be loopholes lurking still which is what this poster may be offering.

I could be totally wrong of course.
8124  Economy / Speculation / Re: Next bull run predictions on: April 16, 2018, 08:55:56 PM
Why are people interested in predictions? Are you so addicted to hear the positive news? You have many times faced the fact that all predictions is only an attempt to guess the behavior of bitcoin and nothing more. Even if you assume that you will know the future of bitcoin you will not be able to change its future.

Because it's fun.

It's fun to imagine and it's fun to revisit to see who was eerily right and who was laughably wrong.

I particularly enjoy being proven miserably wrong. I think my prediction in 2015 for 2017's high was $263.43 as I always like to under promise and over deliver.
8125  Bitcoin / Press / Re: [2018-04-13] Billionaire Tim Draper Sets $250,000 Bitcoin Price Target for 2022 on: April 16, 2018, 08:39:32 PM
John McAfee is really nuts when he predicted that it will go as high as 1 million.

He's emphasized a few times that his prediction hinges on Bitcoin radically devaluing the USD which is a ridiculous idea in two and a bit years. People have been predicting its demise forever. It still looks pretty perky to me.

$250,000 by 2022 feels radical but just about conceivable. I certainly wouldn't bank on it but equally I wouldn't be totally astounded if it did occur.
8126  Bitcoin / Press / Re: [2018-04-15] Bitcoin is ‘Like the Internet in the 1980s,’ Says Brian Kelly on: April 16, 2018, 08:30:16 PM
If we think about 80s internet the only thing that survived until then was the underlying architecture in a much modified form. It's assuming that Bitcoin will be the be all and end all when in reality there's so much shit flying around that it's hard to tell.

It's still the prime candidate by a country mile but it's far from being totally in the bag.
8127  Bitcoin / Bitcoin Discussion / Re: What if Coinbase and other Wallet services take all of our coins and run away? on: April 15, 2018, 11:36:52 PM
Up shit creek without a paddle!  Cheesy

cause if you loose your money in a bank, at least you have a paddle of suing.  

If, say, Coinbase lost everything in a hack on their side they do claim to be insured for that. I really, really would not want to see that insurance put to the test though.
8128  Economy / Exchanges / Anyone here use OTC trading services? What are they like? on: April 15, 2018, 11:32:16 PM
There are some big ass OTC operations out there like Genesis Trading, Cumberland Mining and others. Despite this we never, ever hear anything about them here.

There must be people who've bought and sold through them on here so I would like to know what the experience was like. I'd vastly prefer using one to an exchange but there's little information on what the user experience is like.

How personal was it? How did you verify addresses to send to? Did they have buyers or sellers reading and waiting to meet your offer or did you have to register yours and wait? How long did the whole thing take from start to finish?

Enlighten us please.
8129  Economy / Speculation / Re: Next bull run predictions on: April 15, 2018, 11:22:53 PM
My ludicrous speculation is the winter of 2020 after the halving for the next official bull run. I reckon the price will brush $70-90,000 and then fall back to $20,000 ish.

However it's easy to forget the ever dwindling inflation. By that date only 10% or so of coins will be left to mine and there'll be well over a century left to mine them. Perhaps our epic predictions will be blown out of the water because of that.
8130  Economy / Web Wallets / Re: Is it true? (xapo) on: April 15, 2018, 11:07:26 PM
This seems like an elaborate marketing stunt, more than anything else.

They had more of a purpose back in the day when they launched in 2014. There was no such thing as a hardware wallet back then so I can see why some people would've preferred their vault thing rather than make their own paper wallet.

They're going to need to add something along the lines of fiat interfaces to remain relevant from now on otherwise there's no real reason for them to exist any more.
8131  Bitcoin / Bitcoin Discussion / Re: What if Coinbase and other Wallet services take all of our coins and run away? on: April 15, 2018, 11:00:13 PM
Then you're up shit creek.

Very few wallets control your coins these days, and any that do should be avoided completely.

As for places like Coinbase and Xapo you can sugarcoat it all you want, but no matter what the arrangement some other bastard has full control over your money and are permitting you access to it.

Of course places that well known and capitalised are not going to do a runner but there's no predicting what the future holds. If the American government can confiscate everyone's gold, which would've been a fully manual process all those years ago, imagine how much easier it would be with millions of people all herded into a couple of services.
8132  Economy / Web Wallets / Re: Is it true? (xapo) on: April 15, 2018, 10:41:22 PM
I don't give a shit how secure their storage is, there's a good chance you'll be caught up in their KYC/AML or unresponsive support hell. That's a far greater risk than them being bombed.

I've also gone through phases of their SMS messages going missing and the app getting arsey. I don't need ball ache like that in my life when we have options to control our own keys.

Now their card has gone I have no use for Xapo. I'm not quite sure what their purpose is and how they make money and them throwing in the towel is yet another risk.
8133  Economy / Trading Discussion / Re: When will the bull market start? on: April 15, 2018, 07:12:58 PM
Ain't no one who can tell you shit. As far as I'm concerned many of these coins are still stunningly overpriced and people are still in denial about it, but my opinion doesn't matter.

Instead of pouring in you can just buy a set amount at a set time over a period of weeks and months. That may well smooth out your average buy in. It depends on your time frame.

And why the fuck would you pay the slightest attention to what a youtube or telegram channel tells you? They're almost exclusively populated by clueless penises.
8134  Economy / Collectibles / Re: My loaded 100 BTC Casascius Bearer Bar on: April 15, 2018, 07:05:18 PM
Last time I looked the peel value on something like this was around 125 BTC because of all the forks. It will be hard to find someone willing to take all the risks involved with paying that sort of premium. Amazing that you’ve held it this long. Congratulations! I hope you get a great outcome from it.

The fork thing still fascinates me with these. I've seen many a potential buyer refusing to include their value in any bids as if the seller will be delighted to throw money away to pander to their dislikes.

And I know they may well dwindle to nothing. Again, future speculation is not the seller's problem.

If it were me I'd peel this bitch, but it's a good job I don't have a great deal of Casascius products for the sake of their survival.


8135  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Best Alternative To Coinmarketcap on: April 15, 2018, 06:58:18 PM
Livecoinwatch is great. That's my fave.

Coingecko has interesting info that can't be found elsewhere. It would be nice to see CMC's dominance definitively taken out. Its current position doesn't really help anyone or anything.
8136  Bitcoin / Press / Re: [2018-04-15]Bitcoin Price has Risen After its Recognition to the Norms of Islami on: April 15, 2018, 06:55:41 PM
No one cares. I'm your average Islam would already be involved.

And there'll be another cleric along in a few minutes bellowing 'Haram'.

As ever the Islamic world is purposefully crippling itself with its fondness for people in the sky.
8137  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ProximaX [XPX] | Blockchain Reimagined and Evolved | PoI | PoSt | PoB on: April 15, 2018, 11:13:13 AM
NEM blockchain is not that great platform

Uh huh.

https://www.reddit.com/r/nem/comments/8aaueg/cardanos_road_map_vs_nem/
8138  Economy / Service Discussion / Re: Overview of all airline & flight ticket sites that accept bitcoin on: April 14, 2018, 05:15:35 PM
https://www.reddit.com/r/Bitcoin/comments/8c8hc7/destinia_claim_they_accept_bitcoin_for_flights/

According to that Destinia Bitcoin options are a lottery. You won't find out whether a flight is payable in BTC until you actually try to.
8139  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 13, 2018, 05:44:11 PM
I thought it would be obvious, but I can repeat it for you: Surely there are other forums where you can shout at each other about Russia?

I only shout about Russia if I'm paid for it and Russia pays better anyway.
8140  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 12, 2018, 07:32:04 PM
Interesting stat - https://twitter.com/cryptorae/status/984414418829131779/photo/1

Today had the highest 1hr volume in Bitcoin ever ever ever.

Not to be a pedant, but...

14 Nov 2011. Nearly 100k in one hour at Gox: https://bitcoincharts.com/charts/mtgoxUSD#rg60zigHourlyzczsg2011-11-13zeg2011-11-15ztgSzm1g10zm2g25zv

Bitcoin the entity, not the unit.
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