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1  Other / Meta / Re: Stake your Bitcoin address here on: December 20, 2017, 01:58:19 AM
Staking my BTC Address:  1CHSWRGmamCaKbLpEBKnNnu7fZXrpt3yqr
Please Confirm
2  Economy / Gambling / Re: Nitrogen $20 withdrawal fee on: December 20, 2017, 01:36:14 AM
Does this fee include the bitcoin transaction fee? Because those are pretty huge. I saw a $7 transaction and won't be surprised if now there are even $10 ones. Yet they surely should not charge people additionally. Do they? Or perhaps that was the fee for withdrawing a really big sum of money?
I guess it's time for casinos to slowly dump bitcoin and use other coins, so that people feel comfortable about gambling. Dogecoin is not developing, but it's still very good for gambling, as transactions proceed really fast and cheap. Let's hope nitrogen will make a step forward and list some other coins apart from btc.

I recently id a $230 transaction and I was charged a $11 fee.  I looked at the block chain and seen that there were other 4 transactions sent with mine and the total fee was around $19.  So who is raping who???
3  Economy / Gambling / Re: BTCKINGS - bitcoin only poker site on: December 20, 2017, 12:55:28 AM
Just wondering how many of you guys have registered on the site already?

I can see that there are Players online: 14 right now, but I don't know how many of them came from this forum.
So I registered here about 2 hours ago and then my friend registered and nothing from them at all.  No confirmation email, no nothing.  I understand a startup company, but I would at least be sure that the company I am starting has email and services that work.
4  Economy / Gambling / Re: Betcoin closing poker for good on: December 19, 2017, 11:39:59 PM
It seems that bitcoin poker is not profitable anymore, too many sites close their poker game in the last few years. But it is a good opportunity to the existing site such as swcpoker and nitrogen. Betcoin poker player may move to one of the existing site. Regarding the 40btc badbeat jackpot, lets wait for the official announcement.
Unless there is a lack of advertising, I am not sure how the site could not be profitable.  I understand security and site upkeep, but I am sure they take in enough on the rakes for these games to make a nice penny. 
5  Economy / Speculation / Re: What Dictates Bitcoin Price Increase? on: December 19, 2017, 09:55:23 PM
Here is some easy to visualize math.  There are almost 8 Billion people (7.6 as of Oct) in the world, but lets keep it simple and stay with 8 Billion.  Bitcoin is all over the news here and frankly across the globe.  With BTC gaining in use and popularity its way beyond reasonable the 2 1/2 percent of the world's population will want to get their hands on BTC.  Really, its tough to imagine only 2 1/2 percent will want to pursue getting BTC.  Again, for simplicity lets stay there and say that percentage of people are going to be "hell bent" on getting BTC.  What would that look like?

Here is the math on that scenario:  8,000,000,000 people X 0.025 (2 1/2percent) = 200,000,000 people hell bent on getting coins.  Now continue the obvious logic.  There are about 17,000,000.00 coins in circulation and over 11 times as many folks that want one (remember "hell bent").  Further; whales are sitting on large wallets anticipating their coins are going up in value way better than fiat investments.  The ONLY thing that will pry some of those coins from such wallets is BIG MONEY per coin.  And let me stress that the assumption of only 2 1/2 percent of the population wanting BTC is going to be absurdly low in a few years.

Ok, based on these calculations, this would put them in a very high demand.  With the transaction fees going up and up to continue the confirmations on the network , we will soon be back to a banking system, where we are paying the same amount as banking.  Why leave one banking system to get into another.
6  Economy / Speculation / Re: What Dictates Bitcoin Price Increase? on: December 19, 2017, 08:46:54 PM
I completely understand what you're saying, however how do you see it possible for a bit going to hit its highs 50 or $100,000 per coin? There are so many coins in existence and if you take that 50 or $100,000 multiplied times the number of Bitcoins available, it would equal to more money than was available in currency in the world put together. Any thoughts on this? Or do you think that this is when they will crash and burn?

Do the math. The global base money supply is something like $14 trillion. 21 million bitcoins @ $100,000 is only $2.1 trillion.

That does make more sense than my math.  I am not sure how I cam up with over double that amount.  Nevertheless, even at those prices, that is putting a lot of the currency currently in circulation at risk of being obsolete.  I am all for it, but I do not think the world economy wants this to happen.  To many people do not trust the new currency.
7  Economy / Speculation / Re: What Dictates Bitcoin Price Increase? on: December 19, 2017, 06:06:12 AM
Basically I think it's the increased Demand for Bitcoins that makes the price increase. Unless it crashes untimely I think it will increase as high as $50,000 to $100,000 within 6 months time. Although there are a lot of Altcoins that is being initiated or created, Bitcoin being the pioneer only gains so much as more cryptocurrencies are created. Unfortunately we should still be wary of new offers related to cryprocurrencies as there are still person's who uses the hype to scam people. I believe after the drastic increase in price Bitcoin will drop a little and will have a stable price in the future. This is because there is really a fixed  number of Bitcoin to be circulated and I do believe that Big companies will really delve into Blockchain and Cryptocurrencies in general not only Bitcoin. The Prospects of Facebook, Google, Uber, Mcdonalds and other Big companies to use and accept cryptocurrency in the future  is really highly anticipated and some articles are even available on the internet. Imagine buying at alibaba or e-bay and amazon using your preferred cryptocurrency right?

"Bitcoin has value because we put value in it, just like your local money or the fiat. The more people believe in it, the more people accepts it, the more value it has. Only when we open our eyes and realize the things that we should put value into that we will be free. When the prospects of our dreams and aspiration is seemingly achievable thru this medium that we can't help but hope and put everything in it. No one can dictate if it is bad or good as to it being true or false. Be wise and practical." -Roy Ashton

I completely understand what you're saying, however how do you see it possible for a bit going to hit its highs 50 or $100,000 per coin? There are so many coins in existence and if you take that 50 or $100,000 multiplied times the number of Bitcoins available, it would equal to more money than was available in currency in the world put together. Any thoughts on this? Or do you think that this is when they will crash and burn?
8  Economy / Gambling / Re: Betcoin closing poker for good on: December 19, 2017, 05:56:29 AM
WTF. I just found the time to start to learn about Bitcoin and what I can do with it, and now the main gambling save I signed up for made a deposit at is closing down for poker. I seen one other recommendation for another poker site, however does anybody have any other ones? I don't like playing against computers, or other play against other people at tables.
9  Other / Beginners & Help / Re: Can you help me understand a few things when starting? on: December 19, 2017, 04:55:35 AM
Here's what I use personally: https://paxful.com/serbia/buy-bitcoin Buy bitcoin using Paxful, their easier and convenient from my personal opinion

I understand what you are saying when using Paxful, however that does not assist when it comes to being able to easily access your BTC in exchange for USD or other currencies.  Also your link was for Serbia, can you use it from other areas besides this?
10  Other / Beginners & Help / Re: paper wallet on: December 19, 2017, 04:47:15 AM
A paper wallet is meant for long term storage and not daily uses, you can make it using Bitaddress.org, download the source code, run it locally while having your computer disconnected from the internet. I don't suggest online wallets like Blockchain etc. I would use something like Electrum.
I am kindo of new to all of this and I do not know what wallet is better.  I see with Coinbase, I can transfer to Paypal, but not from Paypal, however their fees seem kind of high.  Are there any recommendations on wallets with lower transaction fees?
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