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1  Alternate cryptocurrencies / Altcoin Discussion / Bitshares Crude Oil and S&P 500 Prediction Market (Binary Option) assets trading on: January 29, 2016, 12:37:23 AM
The following Prediction Market assets are available for trading on the bitshares blockchain.

SPFIVE - If the S&P 500 is at or above $1875.00 on December 30th 2016 then this asset will be worth 1BTS. If the S&P 500 is below $1875.00 then this asset will be worth 0BTS.

WTICRUDE - If the price of WTI Crude oil is greater or equal to $40.00 on December 30th at 4PM eastern time. (UTC-5) then this asset will be worth 1BTS. If the price is below $40.00 this asset will be worth 0BTS. If you believe that the price will be above $40.00 buy and hold. If you beleive the price will be below $40.00 borrow and sell.

Click here for more information on how this Prediction Market works.

To trade:
1.    create an account on the OpenLedger platform
2.   Fund the account with bitshares other assets are less liquid at the moment but should eventually be available for trading.  So for now, you will probably have to use the native currency, bts
3.   Navigate to your market of choice:

4.   Place your bets

Disclaimer:  I am in no way responsible for any problems or financial loss that may occur when using this (still experimental) system.
2  Economy / Speculation / Finding Bottom on: February 04, 2015, 08:03:07 PM

This is pretty much in line with Trololo's Logarithmic regression (which I really like) and jl2012's long term exponential trend, which at least indicates a bottom is close... and if we are lucky, the EW guys will agree. Grin  If this happens, we could see 100,000 by 2021 and full mainstream adoption.  Of course this would be followed by another brutal bear market.

Of course bitcoin could crash and burn, but I doubt it.  If we don't see a bottom some time in the 1st quarter or if Jan 14th wasn't the bottom, then I will consider this analysis wrong.

tldr; a 6 yrs bull market could be imminent
3  Economy / Service Discussion / Beware: Blockchain fake email on: September 20, 2014, 03:14:41 AM
Since our last update on our servers, we worried about this the size of wallets. And many of these wallets are no funds, no movement and no logins.

Because activation to avoid future problems with our servers, we are yes requesting that all users wishing to continue use with their wallets to make a brief make confirmation.

If you want to continue using service your account on Blockchain, please click the link below and confirm this your wallet:
https: //

If within 64 hours we do not receive your confirmation, your wallet will be erased and yes all their bitcoins will be reset.

Email says blockchain but address is functionsactivationactivationssituation@

link url:  www.

I don't know where the link goes and I didn't bother to find out.
4  Bitcoin / Press / [2014-04-01] This could be the end of the Bitcoin era on: April 02, 2014, 04:31:30 AM
Not sure if April fools but Rich Ross actually says price could go below 0.
5  Alternate cryptocurrencies / Altcoin Discussion / Namecoin? ICANN sends registrars and domain owners into panic with 2013 RAA on: March 19, 2014, 09:36:03 PM
Time for namecoin?
6  Economy / Speculation / Are we seeing true capitulation on gox? on: February 21, 2014, 03:17:23 AM
Markets have a way of fooling even the most saviest of investors and traders.  Prices on gox have declined 93% to double digits and btc-e even traded down over 90% to 102.  

IMO the bear market is can be considered complete in terms of price but maybe not in terms of time.  However, bear markets tend to move faster than bull markets so this bear only lasting 3 months would not be out of the question.  

I could be wrong but I have a feeling gox will reinstate (limited)withdrawals sometime over the next few weeks and those goxBTC will magically turn into regular BTC.

7  Economy / Speculation / Poll: Triangle break up or down? on: January 15, 2014, 02:15:30 PM

8  Bitcoin / Bitcoin Discussion / bitcoin's role on: September 05, 2013, 04:33:38 PM
 Grin Smiley Wink
9  Bitcoin / Legal / Online wallet services safest from hackers AND government confiscation on: June 21, 2013, 01:31:30 AM
In light of recent events, government confiscation of assets may be just as big a concern as hackers stealing coins.  Any ideas on what the best online wallet service may be to protect coins that are not in cold storage?  Preferably one that does not deal in fiat because governments will likely target services/exchanges that deal in fiat.  And no mixing services - they may be targeted too.  I currently use
10  Other / Beginners & Help / Will MtGox Yubikey work with Vircurex? on: March 16, 2013, 01:33:24 PM
Will MtGox Yubikey work with Vircurex?  If not, where do I purchase one for Vircurex?
11  Other / Beginners & Help / Thoughts on diversifying into other cryptocurrencies on: March 16, 2013, 03:16:32 AM
I was thinking about diversifying a small portion of my bitcoin holdings into other cryptocurrencies and would appreciate any feedback.

The ones I am considering are as follows:

TRC - I like the idea of 42 million units total instead of 21 million.  I realize that each coin is divisible into 100 million units.  As long as the inflation rate and total amount of coins produced is set in stone then I would opt for more coins just in case of global adoption.

PPC - This one is a bit different with respect to the hybrid minting system and there is no set amount of coins to be produced.  However, the developers say that inflation should be capped at around 1%/year which is acceptable.  Maybe worth a shot.

IXC - Ok I know this one is struggling mightily and there was some pre-mining but the coins are cheap.  It would be like buying a lottery ticket.  Maybe it will have some future value.

LTC - Im on the fence with this coin because of the low network hashrate.  According to bitcoin wiki:

To do so we start with an estimated cost of hardware at $600 per megahashes per second and the March 14, 2013 Litecoin network hashrate of 2,500 megahashes per second. The total amount of equipment necessary to match and takeover the Litecoin network via 51% attack is then an estimated $1.5M USD (or about 5,000 AMD HD 5970s). There are tens of thousands of GPUs that are in the process of being made unprofitable for mining on the Bitcoin network ASICs. While these GPUs may be redeployed for Litecoin, a proportional and sustained rise of the Litecoin exchange rate would be required to support this additional GPU mining activity.

I would like to know what hashrate (Equipment $ amount) would be necessary to attack the system at a market cap similar to bitcoin - about $500 million.

Any reason why I should not invest in any of these currencies?

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