I haven't seen anyone around here who predicted bitcoin price with 100% accuracy all the time. Whales are still able to manipulate the whole market if they want.
Well I know people with a lot of money can manipulate the price, Im not so sure if they actually profit from it because I do not fully understand the strategy but manipulating is not predicting. |
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New spammers listed below are banned from Yobit Sig Campaign: Im glad you are doing something about it, I have heard you were looking for a campaign manager, hopefully it's true so we wont have to do your job anymore. |
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But you can buy high and sell higher, or sell low and buy lower also.
Didn't read the thread so I have no idea if this was pointed out earlier or not. Either way you write it you are still buying for less and selling for more if you get a return on your investment so the question is really null and void. Question did not pretend to be very trandescent. Just... if you have a superpower to choose from, Which one will you prefer? A) To be able to always guess daily max (ability to sell high) B) To be able to always guess daily min (ability to buy low) Which one will you choose and why? There have been lots of interesting responses discussing about this IMO.  . Well, assuming that you would know that a coin would be at $100 in the morning and $200 at night then I would buy low and then sell it for higher when the price meets the daily high. Limiting it to only one day makes it tougher as Day 2 the Daily Min might be the Daily Max for the previous day and it would be a lost opportunity. To add a realistic example, Coin A is at 0.00000099 and you know someone is going to crash it down that day then you would want to sell it as soon as possible and then rebuy again when it gets lower. But you can only pick one, you cant know the low and the high at the same time. Of course if you knew both you would be a millionaire by now. I don't think there is much difference between able to guess the high or the low. wait so you don't sell at all or...? so if you know the low and you buy but you don't know the high so you can't sell the high? ehm, no. You just know one, either low or high. If you know the low you can sell when the price is higher because you know what the lowest is but you can't fully profit from it because you don't know what the highest will be. In the end you will profit the same using either of the options. |
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How do you know how much more probable your scenario is? Your calculations are not exactly right, first of all what are the gamblers using, martingale? What happens when they lose all their money? Do you know how hard it is just to recover that money? Your scenario it's not that probable and I have never seen anyone profiting from roulette or dice without cheating. As I said, give us 1 real example of someone doing it and I will believe you.
I dont know, but it can be calculated with a simple Z test if you know the parameters. I dont have time to do it. With martingale its virtually impossilble since martingale doesnt add any expectancy bonus to you, it only adds exponential risk. I mostly described my scenario with flat betting only. No systems, no strategies. Just betting on 1 scenario with constant bet size.
Example? Why? Thats like saying I dont believe in gravity because I havent jumped out from the 4th floor yet. We know my scenario is possible, you dont need real world examples to prove it. Plus I dont have records of every single bet that has ever taken place to prove it to you. Flat betting would be just as hard as using any system, it actually seems that flat betting it's way harder because you only win the same amount of money in each of your bets, you would have better chances using a risky method because when you get lucky you win a lot, of course you have to be extremely lucky. |
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Well unfortunately we wont have a new gambling section for now, it seems. People generally agree, even mods and staff but I feel like there is a lack of commitment from admins in this forum. There are a lot of good ideas supported by reputated members that are not implemented yet.
The only thing we really need is split gambling section into General Gambling Discussion and Gambling Service Discussion sub boards. And this is not hard to implement if everyone agrees. Yes? Thats what the whole thread is about, what I said was that admins dont seem to care too much about this since this was already suggested before and hasn't been implemented yet. It's not hard but they wont do it. |
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Mathematically, of course, it's possible. But if we use that logic, pretty much anything that seems impossible can be possible. Someone could win the lottery 100 times in a row, yes mathematically it's possible but let's be honest, it wont happen. If you are so sure that it's possible, give us an example of a gambler that played roulette (or any other gambling game with house edge) that has won in the long term (5-10 years)
Of course it depends on your luck. However winning a lottery 100 times in a row is highly unlikely, my scenario is much more probable, to the point that I believe it actually happened already or it can happen already anytime. There could be a group of gamblers that have fortune on their side, and win for 1 year straight. Its not that improbable. How do you know how much more probable your scenario is? Your calculations are not exactly right, first of all what are the gamblers using, martingale? What happens when they lose all their money? Do you know how hard it is just to recover that money? Your scenario it's not that probable and I have never seen anyone profiting from roulette or dice without cheating. As I said, give us 1 real example of someone doing it and I will believe you. |
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Mathematically, of course, it's possible. But if we use that logic, pretty much anything that seems impossible can be possible. Someone could win the lottery 100 times in a row, yes mathematically it's possible but let's be honest, it wont happen. If you are so sure that it's possible, give us an example of a gambler that played roulette (or any other gambling game with house edge) that has won in the long term (5-10 years)
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What XinXan suggested is good. Yes. There is a lot of sports tipping and earning discussion on the gambling forum now. The admin should create a new forum for gambling discussion and tipping.
Hazir suggestion is also good. It is hard to keep track with discussions on the gambling platform announcement thread itself. There should be a Gambling Service Discussion forum too - just like Altcoin board.
Absolutely. New posts about the same crap for signature spammers to reply to countless times continue to hop up to the front page, crowding all the space for the gambling establishments to have. It's kind of annoying, to be honest. I would LOVE having new sections, so you can filter out the useless threads and not have to go down to page 3 to find some interesting sites. Well unfortunately we wont have a new gambling section for now, it seems. People generally agree, even mods and staff but I feel like there is a lack of commitment from admins in this forum. There are a lot of good ideas supported by reputated members that are not implemented yet. |
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Can anyone actually predict the price more than 50% of the times and make long term profit from shor term trades? Im not so sure, I guess there might be someone who was able to but it could have been luck. Im sure long term it's impossible to predict the price but people still claim they can.
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That brings another question, if you want to trade bitcoins, can you actually make long term profit or do you actually need to be a little bit lucky to make it work because a bad prediction could lead to disaster seeing the volatility of bitcoin.
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Everyone likes to speculate about bitcoin, they will tell you they analysed bitcoin and they know what the price will head to but in reality im pretty sure no one can actually predict bitcoin price. Unlike other currencies or other investments bitcoin doesn't seem to follow any order at all, random price pumps happen every few months and no one knows why, so has anyone been able to predict the price a few times in a row?
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If you trust an user with only 0.0301 btc (trade) then there is a big problem ... (however it doesn't mean that all the community should trust him). It is only a positive comment about the trade, nothing else. This : ....
All in all the trust system is only a guide and should be taken as such. It can give easy references to find old trades of someone, but you should never go by the score.
Yes but the problem is when a DT member is the one who leaves the positive comment because it's not only a comment, it makes the other person green which indicates that person is someone trusted. Of course if everyone read trust comments instead of just looking if it's green or red this would be different but most newbies do not do that. |
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You are already extremely suspicious, at least to me, just by asking that question. Why do you need to earn trust in the firstplace? Is not having positive trust affecting you in any way here? Would you mind asking those questions first?
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What can they steal, if you manage the risk properly? Keep the majority of your coins offline and only keep a small amount in a Trezor where they will not be able to get at it. The other alternative, would be to buy a second computer with GNU/Linux and to use that for Bitcoin related stuff. I have a old computer for just that purpose around, and it works like a charm. When I transfer coins to cold storage, I use that computer. I bought a dual drive docking station, with offline cloning and I cloned the OS drive. When I feel like it, I just do a full clone and I start with a fresh install from a cloned image. Not 100% secure, but close to it. I know the agencies hide some stuff in the firmware, so it's not the ideal solution... but it works for me, for now.  The option of storing your bitcoins in offline wallets it's obviously very safe but not so good for people that want to trade or use bitcoins for other investments, unless you are planning a super long term investment there is no way anyone would store bitcoins in offline wallets because it's a pain in the ass to use them afterwards. |
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Casino's are free to do whatever they like with their earnings. You can't force anybody to give to charity, it's not your place to try & guilt trick casino's OP.
He is not forcing them to give the profit to the charity but this is more about discussion wether they should donate some of their profit or not. Read the OP, he said it is a suggestion of his I believe that we all should donate, if everyone donated 1% of their money right now we would solve almost every problem related to money, including hunger, of course it would help medical research aswell and other scientific researches. Unfortunately people dont do that, big companies dont usually do that and normal people dont usually do that either so there is not too much we can do expect to donate instead of asking others to do so. |
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A bit late. There's been a recent launch of xotika.tv, the same thing that you are proposing, that you pay in bitcoin. I must say that the porn industry is saturated, especially the cams section. I'd recommend not making a site like this unless you are a good coder and can make your site smooth and slick + have even better ad campaigns than xotika.tv.
That doesnt mean people will only use xotika, they are not that famous + he could also offer payments in normal currencies and bitcoin aswell. |
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Thanks to everyone that sincerely helped!
The picture was just a test, but thankyou above poster, you are so very meek (cough)!
Will be good to be able to correctly post like an adult soon, and not treated like a child.
I'm not sure what exactly you're trying to convey here, but... There's also a button in your toolbar above your post text area, where you can click to embed an image (the hover text is "Insert Image"). It helps to look around  Today I actually tried to post an image and when I clicked on preview it said something like blocked by proxy and im a sr.member, so what's going on there? I just posted the link instead but I was kind of confused of why that happened. |
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I'm confused. Reputation is within meta, but doesn't show up as a subforum of meta?
The reputation board is under trading discussions. Not under Meta My bad for mentioning the ''reputation'' thread here in meta, seems like some people got confused, I was talking about a thread here in meta called reputation. If it helps, it happens to me too (occasionally). I have learned to simply refresh the page.
I'm not too sure, but IIRC, theymos mentioned that the ad might have taken too many resources. It may have been for something else, though, so don't quote me on it.
I thought it was weird because it has never happened to me before and I wanted to check if it happened to more people, I know about refreshing the page but thanks. |
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All new windows from Windows 8 8.1 10 all of them have keyloggers, they can even see you from your webcam, get your voice etc, everything is going to be based on cloud, and also the last version (Windows 10) is impossible to disable updates in the regular way.
What do you mean? Keyloggers from microsoft? It's not impossible to disable updates by the way. Do you actually have any evidence of what you are saying here? As previously said they will be able to access your personal data if needed but I doubt they are spying your webcam right now. |
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Well that's debatible, online bitcoin casinos are mostly not regulated and they do not pay taxes. They are online which means they dont really provide many job opportunities either and you can argue that casinos ruin some people's life so you should reconsider your point.
The idea is the same though. Take those online clothing stores that ship internationally - most of them avoid the tax of the country being imported into, don't have a storefront (therefore less job opportunities) - and no one expects them to donate to charity. I feel like we associate gambling we something be a problem of society and we're thinking we can use it to instead fix the world by donating to charity. Honestly, I can't really see a justifiable reason why casino's specifically should donate to charity - it's either an all or nothing argument (and a pretty pointless argument anyway considering you'd never convince companies nor would you be able to legally compel them anyway). Well and basically any big company that uses kids in china or other countries to make the materials for them because they can pay them 1000% less than what they would have to pay in US or other country. We have to agree that a lot of big companies are actually not helping anyone but themselves and sometimes they do more wrong than right. |
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