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9801  Economy / Speculation / Re: $400 will not survive the weekend on: December 31, 2015, 09:30:13 AM
I am fairly sure that the price WILL stay above $400 this weekend. Is there a particular reason why it shouldn't? I can't see any. You are just hoping that the price will go down so you can buy yourself a few cheap coins before the price really start to rocket up. If you are dreaming about sub $300 prices, then good luck. Cheesy
9802  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM just installed at an NYC deli on: December 31, 2015, 09:20:25 AM
Great, another bitcoin ATM = more people using BTC Cheesy

i don't think so, if someone want really to buy bitcoin, they can simply use an exchange, i'm sure thta anyone using an atm can also use an exchange easily

so this is not going to cut it in any way, adoption will not increase because of atm for sure

It might not directly increase the adoption rate just because of a few ATM's, but if you install plenty of 2 way ATM's, it might attract people who are currently using Western Union. Who knows what will happen if these people ditch WU and start using Bitcoin instead. If the fee structure of these ATM's are user friendly, then it might happen.
9803  Economy / Speculation / Re: Will BTC reach $500 during december? on: December 30, 2015, 11:12:00 AM
no point of predict price for this month or year anymore 500 is not reached so lets focus on next year price
also when will be first jump in first days or end of january


It can happen at any day in January. It only requires a few wealthy traders to make a start, and then others will follow and create a bull run. I think we might even touch $600 at the end of January, or beginning of February.
9804  Economy / Speculation / Re: How much do you think 1 Bitcoin will be worth in 2020? on: December 30, 2015, 11:00:39 AM
it wont be too much in my opinion, to be honest i think it will be about 500 dollars

You have great confidence in Bitcoin, right? Wink

I think by the time it is 2020 we must think in the range of at least $3000 per coin. Anything under $1000 will be a great disappointment.
9805  Economy / Speculation / Re: Bear market ended. Now going to $500 on: December 30, 2015, 10:55:05 AM
Lol if anything the bear market is growing.
Sentiment is very negative. VC is retreating from bitcoin investments. Early adopters are selling massive amounts...

Early adopters selling their huge loads of coins? That's great! The sooner we have less people with a lot coins, the better. I see this as a great thing. Beside that, the sentiment is good. Most of the people expect the price to rise further in 2016. You are just kwacking nonsense.
9806  Bitcoin / Bitcoin Discussion / Re: Should i buy my first whole bitcoin on: December 30, 2015, 10:49:54 AM
Thanks for all the advice guys.

I have savings and 450 bucks isn't too much to forget about I'm prepared to take the risk.

 I'm thinking it might be a good investment in say 5 - 10 years ?

Fuck it, do it  Wink
If it goes to $1m then you'll be a guru and if it goes to shit you can look back and laugh.

Thankyou all for the advice,
Just purchased it and do not plan to sell for years to come.



That's nice, congratulations with your +1 Bitcoin. Smiley

Just make sure you send it to your offline wallet and make several backups of your wallet file, if you haven't already. Bitcoiners never have enough backups. Tongue
9807  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: December 30, 2015, 10:22:42 AM
Yes I am. I have some that I'm holding for price increase. Right now though, I am noticing that the price is dropping so this is the time to sell and recollect later.

Just because the price is dropping you think it is the right time to sell? Doesn't make any sense. This is what panic sellers do to prevent bigger losses. Looks like you're one of them.
9808  Bitcoin / Bitcoin Discussion / Re: VISA: Bitcoin is no Longer a Choice Anymore on: December 30, 2015, 10:17:39 AM
A major issue which hampers BTC adoption is anonymity. With Paypal u ve got some form of protection with BTC, none. That s why it attracts scammers.

I see it more as a tradable commodity then as a payment option in the future.

What protection of PayPal are you talking about? That you as buyer can initiate a charge back? That's great for the buyer, but devasating for the seller. If a scammer receive the product he had bought, plus he charge back the purchase amount, it leaves the seller with a huge loss. Do you call that protection? This is what makes PayPal attract a lot scammers.
9809  Bitcoin / Bitcoin Discussion / Re: Some one paid 1.0394BTC as fee for 2 transactions. on: December 29, 2015, 12:51:38 AM
As @franky1 suggests it is most likely a mistake with creating a "raw transaction" (it seems fairly obvious that the tx creator forgot to add a "change output").

Compared to the mistake that I made in 2013 (with a fee of over 100 BTC) it really isn't so bad. Wink

https://bitcointalk.org/index.php?topic=135665

And the huge tx fee that I accidentally paid is not the highest on record (I forget exactly what the record is but it is well over 100).


I just read that thread, glad you got your coins back, back then. BTCGuild owner eleuthria is a great guy.

I still can't believe it. 111BTC fee. http://blockr.io/tx/info/098b3a9faeb2c6e5dc42878b9d0a1106d4aafce72c85d0eab54c384652e0bdbc

At current rate it translates to $46,600 while back then it was just worth $1,500. Which means a price of $13.5 per coin.
9810  Economy / Speculation / Re: Oops Price is 425$ Now... on: December 29, 2015, 12:29:37 AM
Damn, i thought it would stop at 425, but it keeps dropping. If it drops below 405 i will also sell it, better be safe.

Why on earth would anyone sell and take a loss.... i just never get it. What ever happens to BTC against USD does not matter, you still own your Bitcoins, just wait they will go up again, if they dont its the end of bitcoin which i think is highly unlikely.

Me personally.... Im buying

These people aren't traders. These kind of people just invest to make a quick buck out of Bitcoin. At least, that's their plan. They get in panic once they see the price is falling down. They will sell to prevent a bigger loss. That's quite a dumb thing to do since you can easily hold your coins for a month and see the price go back up again. No loss, and you'll even end up having a profit. Don't risk buying back at higher levels. Just relax and hold.
9811  Economy / Speculation / Re: Halving - Will we see a new price high? on: December 29, 2015, 12:24:13 AM
We are moving fast towards the bitcoin halving. In about six months the mining supply will drop to half. Do you think we will see a rally in the price before or after that? Do you believe this can set a new high?

I think panic and speculation will add an extra of 25% growth in the price the last month before the halving. I am quite sure that there will be a huge peak at some point before the halving, but when things have cooled down after the halving, the price will come down to more realistic levels again. I think touching a new ATH is possible, but we won't stay above $1000 for long.
9812  Economy / Speculation / Re: Another 10% Cut Incoming on: December 29, 2015, 12:21:20 AM
Recovery seems to have topped out at 429. We will go sideways at 420 range for a few days and then KABOOM! Another 10% drop, will put us in 380 range. This is so predictable, it's hilarious. So easy to make money, like taking candy from a baby.

I think the last few days of this year will be quite boring as the price won't move much. I do expect some serious action in January. That's when things will start to get interesting. No matter what happens, the price won't go sub $400.
9813  Other / Off-topic / Re: [NSFW] Fleshlight Gallery on: December 28, 2015, 01:12:28 PM
You have way too much free time!

I will choose the Eufrat Mai fleshlight since she is one of my favorite models. Cheesy

http://www.fleshlight-international.eu/fleshlight-girls/fleshlight-toys/eufrat-mai/
9814  Other / Off-topic / Re: What to do with 5 cents usd in bitcoin? on: December 28, 2015, 01:05:29 PM
Send it as a donation to ThePirateBay.
9815  Bitcoin / Bitcoin Discussion / Re: Some one paid 1.0394BTC as fee for 2 transactions. on: December 28, 2015, 12:56:26 PM
Such a fee is weird when you see the total amount of the coins he had sent. If the dude was sending 1000's of Bitcoins, then ok, I could kinda understand that a high fee would do it. Even 0.01-0.05BTC would definitely be enough to be included in the next block that is being mined.
I never said that it was not enough. I don't see the importance/relevance of your statement towards mine.

You didn't say that it wasn't enough, that right. But just look at the bolded part. That's why I said what I said. Wink

Is that even possible? O.o
Why wouldn't it be? You can include any fee that you want. I'm not sure why you guys are surprised. Even though these events are rare, the fees included are far lower than the highest that we've had so far. Such a fee ensures that your transaction will process swiftly in addition to rewarding the miners.

That suggests something right?
9816  Economy / Speculation / Re: Price of the bitcoin will jump again? on: December 28, 2015, 12:44:16 PM
The price will rise slowly in 2016. The might be not much pump and dump.The market cap of bitcoin has grown a lot. It is more difficult to manipulate now.

I prefer a slow growth. If you see the price go up like 25% in 2 days, then I also know that the chance of seeing the price fall back HARD, is very high. Manipulation depends on how deep your pockets are. If you have at least a few thousand BTC, and around $1M to play with, then you can heavily manipulate an exchange as BTC-E. Even Bitstamp, but not as much as BTC-E.
9817  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: December 28, 2015, 12:39:58 PM
Indeed we are. Then we're going to pump the price up to $1500 Tongue

We? I am not waiting for the price to reach $100. Wink I am realistic enough to know that it won't happen, so I am not wasting time waiting for it. I just focus on the next targets $500 and $600 in 2016.
9818  Bitcoin / Bitcoin Discussion / Re: Some one paid 1.0394BTC as fee for 2 transactions. on: December 28, 2015, 11:10:37 AM
Is that even possible? O.o

Yep. You can set any fee you want.

Is that even possible? O.o
Why wouldn't it be? You can include any fee that you want. I'm not sure why you guys are surprised. Even though these events are rare, the fees included are far lower than the highest that we've had so far. Such a fee ensures that your transaction will process swiftly in addition to rewarding the miners.

Such a fee is weird when you see the total amount of the coins he had sent. If the dude was sending 1000's of Bitcoins, then ok, I could kinda understand that a high fee would do it. Even 0.01-0.05BTC would definitely be enough to be included in the next block that is being mined.
9819  Economy / Speculation / Re: Bitcoin way back to 700's by this november ? { 280 $ to go } on: December 28, 2015, 10:48:16 AM
It seems the price of bitcoin will only go back to $700 in 2016. The 2015 has almost finished. The price is only $430 now.

Of course it will only go to that kind of price levels in 2016, and not this year. It's not that hard to figure out since this year has only 3 days left. Wink
9820  Bitcoin / Bitcoin Discussion / Some one paid 1.0394BTC as fee for 2 transactions. on: December 28, 2015, 10:40:38 AM
As the title states. Why on earth would some one do this? Is it a mistake, or done on purpose?

This tx includes 0.2493BTC as fee; http://blockr.io/tx/info/621cd73e184ef9180f2b3451a1b5b244de48e07effc9be6b731f7466358a924f

This tx includes 0.7901BTC as fee; http://blockr.io/tx/info/07f11415bc6b6a4611c96812e2d40b8a53554e64c7f0bdf9a2bb7c6eeb2b43e7
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