Time for newbie jail? This shit is getting out of hand
I absolutely aggree. I would even raise the minimum level to 50 points of activity before new accounts can start their trolling in the speculation section. |
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TBTB, what is your opinion about Canada as an exit possibility ?
*skip* P.S. Estonia and Russia appear to have lax firearm rules, if those cultures and environments are your cup of tea. Rpietila's castle is in Estonia, so you could hook up with him. Wow, thank you TBTB. That is an excellent posting, the last part made me chuckle a bit. Unfortunately I am stuck in Europe for the next few years, and it won't be easy to find work for my profession everywhere in the world. (Aerospace engineering with specialisation in rocket science) |
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TBTB, what is your opinion about Canada as an exit possibility ?
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Kanada Payout erhöht.
Neues Land hinzugefügt: Ungarn.
Telefonansage für Kanada: "The number you have dialed has been disconnected." Kannst du dem mal nachgehen ? |
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offtopic: wolf, something reminded me of you last weekend.   |
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Extremely good reply, that is exactly my thinking when it comes to the blocksize debate. The best quote imho: If Satoshi had said from the start,
"Bitcoin cannot ever scale. So I intend it to be heavily limited and used only by a handful of people for rare transactions. I picked 1mb as an arbitrary limit to ensure it never gets popular."
... then I'd have not bothered getting involved. I'd have said, huh, I don't really feel like putting effort into a system that is intended to NOT be popular. And so would many other people. |
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For me, it looks like its impossible to predict the short term. First a sign of weakness(down to 285) followed by strong volume and pushing against 300$.
Seriously, how can someone profitable go short or long in such an insane/unpredictable market ?
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They're going to accumulate till around block reward hitting 12 and then start to manipulate it upwards.
And the rise will look natural because of the halving, because of the ETF, because of the world currency crisies, because of the... |
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Good morning Bitcoinland.
Still scrapping over $290 I see.
Typical weekend low volume but at least we're still over $280 with a slight upward tendency. This is good.
Bitfinex: Wallmanipulation from 270$ to 277$. How do you figure? explain He probably means the gap with no buy orders shown by the yellow arrow. It was a nice evenly spaced run of buy orders, then that gap suddenly appeared with walls above and below it. The whole buy side looks artificial now, but the market is heavily manipulated by whales sometimes.  I mean the small green "stairs" in your picture. Depending on the direction where the manipulator wants to move the market, he creates or pulls his walls. That is going on for weeks already on bitfinex. |
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Good morning Bitcoinland.
Still scrapping over $290 I see.
Typical weekend low volume but at least we're still over $280 with a slight upward tendency. This is good.
Bitfinex: Wallmanipulation from 270$ to 277$. |
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Yes, I agree. You should also have a fair distribution in mind. In the long run the rich people shouldn't have more than 50 bitcoin per person. Institutions maybe up to 1000.
But that is the point when human greed comes into play, and you can't blame anyone who tries to pile up as much as he can while a full bitcoin is still affordable - even for the poor.
Fuck your wealth redistribution, every single market looks like 60% held by top 5%, and rest 40% held by 95%. Its always like that, because the early folks are risk takers, and their risk taking is rewarded by alot of share %. Your fucking communist idea to redistribute the stuff will descourage people taking risks, and everyone will become a crybaby 40 year olds in diapers. Wow, relax. I was thinking in really long term, let's say 50 years from now. I also described your risk taking part with my sentence about human greed, without saying anything bad about it. I am the least communist person that you can imagine. So, calm down and reread my post again. |
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292$  If we break 292, next resistance is at 305, then a possible double top at 317, after that moon ? |
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Right now OP, you are one in 21 million. That is fantastic, but you can still improve. Get to 2.1 BTC, become one in 10 million. Once you get there, get 7 BTC - one in 3 million, then hit the big 21 BTC... and be one in a million. You can continue on from there, but for most of us, being one in a million in regards to BTC is a fantastic benchmark.
where do you get these information (statistics), i am not part of these list. I think hold them or invest somewhere smart. Is this really that difficult to grasp ? He means the number of bitcoins that someone owns in relation to the maximal number of bitcoins. 1 btc out of 21 million = one in 21 million 2.1 btc out of 21 million = one in 10 million 21 btc out of 21 million = one in a million -> 21 million divided by X. |
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Well... Time has been running and finally I got my completely 1st Bitcoin, 1 year and a half after. It has been hard, really hard in some moments when you can see your wallet going to 0 and beginning again, but knowing a little bit more. Specially hard when your better way to win some satoshis -yes, all those time I have been thinking in satoshis- all users have fallen because it was a trap or someone hacked it, going really faster than you, and you are there to see it. But now, I can say I got it, from my own, from my skills and from teamwork, specially from my teamwork. Finally I got a Bitcoin without steal any satoshi to someone, only with my work, you can appreciate it in any forms, someones speaking and another ones writting. But... what should I do now? I know there are a lot of users who can explain me how I should invest 1 Bitcoin to continue my adventure, please give me some advice. Thank you  Start saving for the next whole Bitcoin. If you look at the system from a mathematical point of view, the daily inflation rate of bitcoin is currently 0,025%. That means, as long as you are saving more than 0,00025 btc per day, you are increasing your weight in the bitcoin network over time because you are increasing your percentage of the ledger. |
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I think the most important part of saving money is to spend as little as possible.
I can manage to survive with just 400 € per month(if i have to) covering all expenses like rent/food/health insurance - without neglecting any real comfort, but at the same time i don't have extremely high standarts. If you have a job(even a low paid one), that means that you can save up to 600€ per month and invest your savings in profitable assets.
Saving money adds up after some time, you just have to start somewhere.
Alot of folks here dont have a job, most of these folks live on welfare or with their parents. We live in shitty times so i guess not many people can get a decent job, or a job at all. Then don't expect to save money when you can't even find a shitty job.. |
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I think the most important part of saving money is to spend as little as possible.
I can manage to survive with just 400 € per month(if i have to) covering all expenses like rent/food/health insurance - without neglecting any real comfort, but at the same time i don't have extremely high standarts. If you have a job(even a low paid one), that means that you can save up to 600€ per month and invest your savings in profitable assets.
Saving money adds up after some time, you just have to start somewhere.
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Yes, I agree. You should also have a fair distribution in mind. In the long run the rich people shouldn't have more than 50 bitcoin per person. Institutions maybe up to 1000.
But that is the point when human greed comes into play, and you can't blame anyone who tries to pile up as much as he can while a full bitcoin is still affordable - even for the poor.
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If true, most have no idea what's going to happen.. holishit! Any speculation as to what could happen to the price if/when this happens? I love to dream. I don't want to ruin your dreams but the actual quote from this BNP guy is "We are looking at blockchain technology and how it can be applied to post trade processes to make things faster and potentially cheaper but it's all very much projects and it's all in testing. It's nothing live." No idea, how someone can create this clickbaiting headline.. He says nothing about a currency fund or anything specific about bitcoin. He also just mentiones "post trade processes" - but no idea what he means with that. Sorry, BitChick. |
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[1] the reason I say that is because the Euro is preparing to gap down starting roughly in September or October. Or you short the Euro. I didn't run the numbers on that. I had BTC and needed to make a decision on my BTC. I don't have a brokerage account any more.
Go to stockcharts.com and run a 1 year chart on $EURUSD, then $GOLD, then $BRENT. Then go run a 1 year chart of BTC. You see all dumped at the same time starting in August 2014. All these assets are correlated at this time.  Wanted to check the movements for myself, quite frightening.  But surprisingly bitcoin shows some green candles when everything else goes down even more. (for the last few weeks) |
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