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921  Bitcoin / Bitcoin Discussion / Re: Japanese banks invest in local bitcoin exchange on: February 28, 2017, 04:15:18 AM
Mizuho Financial Group and Sumitomo Mitsui Financial Group have joined a $1.75 million funding round for Japan's biggest bitcoin exchange, bitFlyer, according to Nikkei.

The groups made the investments through their venture arms, joining another Japanese giant, Mitsubishi UFJ Financial Group, as bitFlyer stakeholders.

https://www.finextra.com/newsarticle/30136/japanese-banks-invest-in-local-bitcoin-exchange



this is very interesting news to hear.
mostly because usually countries prohibit their banks from getting into bitcoin by investing in it or in something bitcoin related.
but it seems like Japan is going to be a very good and friendly country for bitcoin. we need to catch up to them before they leave us in the dust.
922  Economy / Gambling discussion / Re: When is Gambling Like Investing on: February 27, 2017, 04:10:32 AM
Well for me every time that I send some money to some gambling site I think of it as an investment,
So if I win I will just consider it as my profit to my investment and if I lose I will just think of it that my investment got scammed.

Your way of thinking about gambling is completely wrong. No one is forced your to gamble then why you think that gambling site is scammed you if you lose? Because in gambling both winning and losing is part of the game so you should consider that before playing. Also gambling is not a investment because we should play with small amount these games only for fun and entertainment and not to make an easy money out of these games.
if you are lucky you can easily double your money but still can't classified gambling as sort of investment because there's no real service or product that you are going to wait in returned its just your luck that you can rely on, so better to treat it as source of fun and for you to be entertain while you are using your spare time.

you should only talk about these things in the long term not the short term such as once or twice winning or losing.
you acn be winning your first couple of bets in gambling but that doesn't make gambing profitable. the same goes for trading, you can be losing your first trade and lose a big amount of money. this also doesn't mean trading is not profitable.

if you make money in a long term like after 2 month from trading or from gambling then you can call them profitable not before.
923  Economy / Gambling discussion / Re: I never made any profits in dice game.. whats is your opinion on: February 27, 2017, 04:03:18 AM
Hi guys i just want to share my experience in gambling which is i am still playing since january but never made any profit with this game.. any other tricks settings and methods are already tried but still now never made any profits..
What you can suggest to me i will still continue to gamble in dice game with other methods or just stop gamble..Huh

when you play in the gambling site don't expect that you will earn in the games for a quick action. And Whatever trick you will use it will be useless only. In every gambling profitable is hard to gain it, So if I were you stay away from it. Or else in the end you will loss money only.

ya right, a quick profit is imagination. In fact when you play gambling you just spend the money on something random and sketchy. Your spending to bet larger than what you get for gambling. You just feel your money to grow, but from the beginning of your money was gone a lot.
Certainly, you don't have to burn alot of money for first in order for you to become a better gambler since it's not trading that you would really learn of you lose your money. However, their concept is same. What you need is the right money management. If you feel like the probability fair on the game you are playing is low and you feel like you could lose your money if you will continue, then simply stop it.

actually you shouldn't be burning any money in trading either. you never learn anything if you always lose money in trading and lose lots of it. it is just going to make you give up and become depressed if you continuesly lose money without a reason.

and in both cases you don't even have to invest any money you can do it for free. in gambling you can make 0 satoshi bets in many sites or use their faucets and in trading you can use pen and paper to make calculations.
924  Economy / Economics / Re: How many Bitcoin do you have saved? on: February 27, 2017, 03:57:07 AM
I have circa BTC30 and am really thinking of selling right now...
that is nice. Do not sell it. I believe the price will increase up to $1500 in the end of April. If you hold your Bitcoin until that time, you can multiply your capital into 1.5 times. Therefore, keep holding Bitcoin please and you will be rich with it. Currently, I am holding 10 Bitcoin which cost me $9000 to buy in the early January.

You still buying now with this price? I believe that January price is hit around $1,000. And how can you so sure that its price will hit that cap? Seems like the price is not have a movement for now because it just rise once. And 10 btc is pretty high amount to buy though. Wondering if it really can go that high
bitcoin prices are very high at this time. may be too risky to continue to buy, it is better to be patient and wait. when the upward trend occurred again maybe you could buy and store or sell

when upward trend starts, it is already too late to get in. that means you have already lost the opportunity to buy bitcoin while it was cheaper and now price is higher and it may stop at the price you buy at and you are back where you started.

if you think price is going to go down then don't even bother buying bitcoin.

if you think price will go up then what does it matter if there is a upward trend or not. just buy bitcoin already and stop crying 6 months later when price is 50% higher.
925  Economy / Speculation / Re: Get ready to BUYDL on: February 27, 2017, 03:51:59 AM
They predicted 300 million of cash to flow into it in the first week. 
They have calculated we should see a quick rise around 3500$ per bitcoin. 
They predict that the price of bitcoin will drop to around $600 should the ETF not pass.

these so called analists are full of it and they have no idea what they are talking about. first of all the money they predict has already flown into bitcoin while they were asleep in their parents basement. so it is not going to miraculously increse the price just because it was approved.

second bitcoin price has not gone up from $600 to current $1100 because of ETF to go down if it is disapproved. if it is disapproved there will be FUD and idiots dump and price goes down. worse case scenario is $950 for aout 10 minutes and jump back up to $1050 and then in a week back to $1200

You're Welcome
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926  Bitcoin / Bitcoin Discussion / Re: Do you think the big names are invested already? on: February 27, 2017, 03:45:51 AM
Guys like George Soros are too smart to not see the importance of bitcoin, but are they too old to get it?

I know that Warren Buffet said a couple years ago how bitcoin makes no sense, obviously showcasing how old and deprecated his investing decisions are when it comes to cutting edge technology.

But I can see guys like Soros getting involved and learning about it and secretly taking a position.

I can also see Donald Trump, which has appointed bitcoin guys in his team, holding some in his portfolio already.

When the ETF passes, I can see tons of Wall Street people joining in as well, with some serious investments beyond for testing purposes.

i have only two things to say to this.
when these guys publicly say or announce something it is not because they want the public to know what the hell they do, it has lots of other reasons. so when they say bitcoin doesn't make sense it may be because he wanted to buy cheaper coins. accumulate!
also bitcoin is still too small for some of these people that move around multi millions of dollar and make that much profit other ways.
927  Economy / Gambling discussion / Re: Gambling : Your new strategy will work. But every day you need a new one. on: February 26, 2017, 05:10:36 AM
there are no good strategies, there are only bad ones and bader (worse Smiley) strategies.
and if you find something that works it should work for you forever every day not today and stop working tomorrow. if the later is true then you are doing something wrong and your strategy was bad in the first place.

and it is best if you don't waste your time on finding a strategy in first place. it is a waste of time anyways.
928  Economy / Gambling discussion / Re: Where do you share affiliate links? on: February 26, 2017, 05:04:46 AM
Instagram, Facebook, Twitter, blog commenting, to name a few. But I think the most effective for me so far in YouTube. Because a lot has been searching on how to win and showing them videos will likely click your links to be able to get referral and earn.

Hmm, this is a good point here. Aside from facebook, or known social medias. Youtube has one of the biggest volumes of users daily.

And usually gamblers are searching for ways/strategies so if you could provide one then you might be able to let them join into your affiliates

random posting on social media such as twitter and youtube no matter how many views it gets is not "efficient".
you have to share your link with those who are really interested and want to join and are looking for links. otherwise you are wasting your time and if you even get an affiliate that would be a random guy claiming faucet and you never earn anything.
929  Economy / Speculation / Re: I think bull run coming soon on: February 26, 2017, 04:50:02 AM
We've had a significant bull run already so I'm expecting a price drop rather than a bull run to the moon.

i hope your wrong

i hope that too but with the recent price rise and the breaking of the ATH all around, there needs to be some sort of short term drop so everyone can buy back again after they sold their coins for profit.
besides there has been some dumps going on, showing the bull run is over but temporarily.
930  Bitcoin / Bitcoin Discussion / Re: What's wrong with Bitcoin? on: February 26, 2017, 04:42:39 AM
dude it is over now. the number of unconfirmed transactions have gone down to 6600 today. it was about 100000 a couple of days ago at the peak of the attack.
and nothing is wrong with bitcoin it is healthy and strong and as far as price goes it is rising.
the only thing is a group of people who spam attack for a while and stop then start again in a while and they accomplish nothing apart from raising the fees.

and now that attack has stopped we should stop paying high fees and bring the fee amount down ourselves.
931  Economy / Economics / Re: What would be effect of denial from ETF on: February 25, 2017, 04:17:36 AM
it case it was denied i am sure there will be some dumps, because it has always been like this. we see a small news and the manipulators start their dump to create panic and buy back cheaper coins.

and ETF denial is the best opportunity, and if i can sell in the first couple of minutes then i will sell and if not i will hold because price will jump back up after that and there is no way to come back from selling cheap and left with a higher price to buy back.
932  Economy / Exchanges / Re: Can't see Bittrex charts on: February 25, 2017, 04:04:28 AM
i have tried bittrex on both Chrome and Firefox and it works perfectly on both of them. but there are times that because of my connectivity problems i can't see the charts completely.
i have a rather bad internet connection and loading the charts is a bit of a heavy work, it may be the cause of your problems too.
933  Economy / Speculation / Re: Should I buy my Btc now or wait it dumps a bit ? on: February 25, 2017, 03:59:20 AM
what do you plan to do after?
if you plan to make a profit in short term and get out and run back to your fiat then wait for a "dip". or better yet don't even invest and stick to your fiat that you love too much Smiley

but if you want to be in it for the long haul then invest right now, and don't even look at these tiny fluctuations and the curreny cheap price. buy, wait for a couple of years, then enjoy the riches you gained.
934  Economy / Economics / Re: What It Means For Banks When Bitcoin Is Worth More Than Gold? on: February 25, 2017, 03:54:34 AM
We clearly see that someone do not want to see Bitcoin cost more than gold price, when Bitcoin hits 1200$ instantly someone is starting to sell Bitcoin very cheap to control the price.
What it would mean for Banks when Bitcoin will cost more than a gold?

this is nothing new and that is not "someone".
every time price goes up, people who have invested in short term cash out to make profit, then some times there are even manipulations that cause panic sells too and price goes down. it is all done in all the other markets too but in smaller scale, people sell for profit : normal.

and don't worry too much. price is going to be higher very soon.

and to your main question, it means nothing to banks what bitcoin is worth. if people start using it instead of investing in it that is when they start to worry.
935  Bitcoin / Bitcoin Discussion / Re: Bitcoin as Main Currency on: February 25, 2017, 03:49:48 AM
Bitcoin as main currency is hard to others. Though some countries bitcoin is popular and they already use it in their daily lives. But, not all can easily adopt this kind of currency. Let bitcoin as it is a decentralized one not be controlling by the government.
I wonder why there are lots of questions like that. Isn't great to just add bitcoin as one form of currency as a virtual currenct but not to replace any local fiat (since it is really hard to replace it) and to adopt it first by all nations and for all merchants to use it as payment especially thru online shopping, etc.

actually that would be a great thing if it could happen. bitcoin as a currency can function very well and there is nothing that can stop or restrict it. but bitcoin needs to evolve first to adapt to the new world with more users than it had back in 2011 for example.
we need scaling first and then an stable price, then we can see a very good currency.
936  Economy / Gambling discussion / Re: Trading vs Gambling on: February 24, 2017, 04:32:47 AM
Just curious since the last discussion I had was about gambling vs trading. I know trading can seem to be a bit of a gamble as well, but I see it a little bit like poker. It's a combination of math and psychology. Maybe not the same ratio though, just generalizing  Tongue
Trading is much more good than gambling and we already know that already. While gambling is not good by making money and its not profitable as the trading can. But these two are both have risk,   but most often gambling are much higher than risk to Trading.

Not to mention also that in trading, you have full control of losing and winning based on your limits. If you are good and controlling yourself and equipping it with right trading knowledge and skills, then you are up for a good fight in trading industry.
I agree with that, whenever and wherever you put your money in trading is in your control. Limiting yourself there is not that effective against when you go to gambling or some sort. You should control yourself instead of other things.

Yes it's good, the most important thing is self control, I think there is no different from gambling and trading, both of which need the luck to win or profit. When we do not set a target, then all of our money will be lost only just a time, and we will certainly regret.

you need luck in everthing you do not only the risky stuff that you do. but the difference or similarity of gambling and trading is not in risk and luck but it is about how much you can predict that risk and change your luck.
for example in gambling you can not predict you roll hi or lo but in trading you can predict if price goes hi or goes lo! and that is a very big distinction.
937  Economy / Gambling discussion / Re: Are There Any Regulations for Bitcoin Casinos? on: February 24, 2017, 04:26:45 AM
Are there any regulations or oversight for bitcoin casinos? I think for other online casinos where you have to deposit genuine money, there are some government regulations regulating these casinos. How about bitcoin casinos?

for bitcoin casinos no, i have never seen any regulations to this day. and i have never heard of anyone wanting regulations on the bitcoin casinos.
because regulations come at a cost. your anonimity will be lost and you will have to register properly with all your personal information, then you will have to possibly pay taxes on the money you are using in these casinos based on where you live. and lots of other stuff.
938  Economy / Speculation / Re: $1200 on: February 24, 2017, 04:19:16 AM
if you want accurate (meaning the exchange price) then check the exchange or sites that report it live from exchange.

it is 1211.1 at bitfinex right now.

preev gets it directly from exchanges and more importantly is the update rate. it updates every couple of seconds. but most other places update it with longer intervals and on a fast rising price like this you get things later.
and also some of them report average price. so ounce.me is either late on updating or is reporting average.
939  Economy / Speculation / Re: All time highs EVERYWHERE on: February 24, 2017, 04:10:57 AM
i woke up right now opening preev to see a round number of $1200.00 and it is the best feeling i have had in a while in the friday morning Smiley

where are all those FUDsters singing crash and price can go lower crap?!
940  Other / Meta / Re: Cloudflare hacked? So now we need to change passwords on Bitcointalk again? on: February 24, 2017, 04:04:26 AM
Since Bitcointalk uses Cloudfare

bitcointalk has never been using cloudflare and is not using cloudflare now either.

funny thing is that people have always been suggesting to Theymos to go to cloudflare and they always denied because of security reasons. now we can see one of them.
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