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841  Alternate cryptocurrencies / Altcoin Discussion / Re: If you were to make your own Cryptocurrency, WHat would you name it on: July 26, 2014, 10:09:48 PM
Difficult question since already exist thousands of alts, btw my own crypto would be realcharity coin, developed to help charity around the world.
842  Other / Beginners & Help / Re: How easy was it to buy Bitcoin back in 2011? on: July 26, 2014, 07:09:22 PM
I`m planning to buy btc, and it seems a lot harder since theres so much verifications, esp coinbase.

And linking to bank account etc.

You can buy some with localbitcoins, this way you don't have to worry about banks, just contact your seller and pay him.
843  Alternate cryptocurrencies / Altcoin Discussion / Re: [FACT] End of month dumping.. on: July 26, 2014, 06:49:17 PM
like the title says.. happens every month and i noticed this long ago last year.. totally predictable !

but surprisingly, most of you out there have not noticed.. use it to your advantage Wink

I don't think that most of the people who invested in bitcoins is cashing out every month,
with the increasing value per year of btc this would be a really bad move.
844  Local / Italiano (Italian) / Re: vendita BTC e altre info on: July 26, 2014, 04:59:58 PM
ciao a tutti
mi sono appena registrato su questo forum soprattutto per poter vendere BTC. Essendo da poco al corrente di questa valuta, volevo anche chiedere informazioni visto che ci capisco poco o nulla.
Ho un wallet Blockchain mentre ho visto qui download di bitcoin core, bitcoin core per caso è un wallet personale da installare sul pc? meglio di blockchain?

scusate se sembrando domande stupide
Per compra/vendere c'è l'apposita sezione: https://bitcointalk.org/index.php?board=46.0
mi raccomando leggi le regole Smiley


Il wallet Bitcoin Core va installato sul proprio computer, è preferibile rispetto a Blockchain.info perché permette di avere sotto controllo direttamente i propri BTC.
Però bisogna tenerlo al sicuro
oltre a Core ci sono Multibit e Electrum che sono validi: https://bitcoin.org/it/scegli-il-tuo-portafoglio
Wink

Fai attenzione che se vuoi installare bitcoin core devi scaricarti circa 25 gb di blockchain per poterlo usare,
se vuoi non avere questa preoccupazione puoi installare invece Multibit o Electrum.
845  Economy / Gambling / Re: ★★★SOCCERGUN.COM ★★★ NEW MULTIPLAYER GAME ★★★★★★★★ on: July 26, 2014, 04:51:07 PM
The game has a simple concept and can adapted to hundreds of sports or other different environments, its potential is great, nice job soccergun.
846  Economy / Economics / Re: Cex.io: the largest Bitcoin cloud mining service, not a profitable investment on: July 26, 2014, 04:42:04 PM
i think soo... but it's reasonable than mining with hardware when you have not much money.. Smiley

The safest way to gain some money is investing all you can in bitcoins, not in mining hardware or cloud mining.
Cloud mining is easier but in order to have some profit from it, you have to be very lucky choosing the right coin to instamine.
847  Economy / Speculation / Re: % increase per year on: July 26, 2014, 04:34:49 PM
2014 will be the c-c-c-combo breaker for bitcoin.

Or at least 2015 when the bubble does indeed take more time do manifest itself! But we'll be going to the moon, that's for sure!

The story repeats, probably at the next drop the weak hands will sell all their holdings and the forum will be filled with threads like "bitcoin is dead".
Then, the rise will come and there will be rivers of tears among the missed early adopters.
848  Economy / Speculation / Re: I AM HODLING on: July 26, 2014, 04:29:22 PM
Hold your bitcoins until they are worth what you consider a fortune and you need the money to buy something useful

If I won't need them, I'll hold bitcoins untill the adoption rate among people and companies will be much more slower than now,
then I'll consider using btc for purchases.
849  Other / Beginners & Help / Re: How easy was it to buy Bitcoin back in 2011? on: July 26, 2014, 04:21:00 PM
I wouldn't be surprised if people who bought at those prices turn out to be early adopters, still. Time will tell.

Looks like you are pretty bullish on the bitcoin price, expecting it to go well beyond $1000. So am I. Cheesy



Thing is, I'm long-term bullish or at least believe the risk/reward ratio is acceptable. Right now, it could go either way, but we've been at this point before. A couple of times. That being said, I repeat... I wouldn't be surprised if it increased by another 500%-1000% again. I'm not certain, though Smiley

I would be surprised if bitcoin won't increase at least of 4x in the next year Smiley
The adoption is increasing and we had some good news, there's no reason why it won't grow like in the past years.
850  Economy / Speculation / Re: Pattern Recognition 101 on: July 26, 2014, 01:14:32 PM
So what about the pattern that says we are going down before the rally? that is saying the chart

The charts seems to tell the truth, we saw a little drop in these days (unexpected from me),
but now should be the right time to start this long awaited rally to a new all time high.
851  Economy / Speculation / Re: Where are the SELLERS??!? on: July 26, 2014, 01:11:21 PM
We got your sellers and now we are sub 600 Grin

If it was lack of sellers, the price should goes down, you are talking about low volume in general.

We are sub 600 but the value seems to recover, the buy wall at 590$ resisted to the sell pressure and the price is bouncing upwards now.
852  Other / Beginners & Help / Re: Please tell me if my computer will be ok for mining or not on: July 26, 2014, 01:08:36 PM
Forget mining, it's not profitable anymore for normal users.
If you want to have some profit just buy bitcoins from an exchange and hold them long term.
853  Other / Beginners & Help / Re: Bitcoin. Is. Awesome! on: July 26, 2014, 09:37:58 AM
Welcome, yes you are right bitcoin is awesome, but people isn't.
Most of them are nice, but there is also a big percent who are scammers, so look out if you will ever do any transactions in the forum.
854  Bitcoin / Bitcoin Discussion / Re: what is the first question you would ask, if you met Satoshi Nakamoto? on: July 26, 2014, 08:58:27 AM
What could be the first question you would ask if you met Satoshi?

How would you feel that moment?



Confess, you are one of the many satoshi's real accounts Cheesy

I would ask him when he will sell his bitcoins, so I can sell mine before and avoid the huge drop.
855  Economy / Speculation / Re: Higher chances of a rally on: July 26, 2014, 08:48:50 AM
It was always like this! Good news price is going down because people sell it more than people buy it!

If only the sellers would wait a little more for buyers to put the orders the price would go up!

I'm not sure if the drop is caused by "people" selling but I'm thinking that the sudden fall could be triggered by a whale.
856  Economy / Speculation / Re: [ 18 july data ] A BITCOIN PRICE THEORY on: July 26, 2014, 08:44:06 AM
According to 41515948 total address on 7/18/14 the price should have been $2088 http://www.wolframalpha.com/input/?i=P+%3D+%28+41515948+^+2.26%29+%2F+%28e+^+32+%29+  soon I hope Tongue

I was really expecting more of a rally this month up to 2-3K area

The current price is unexpectedly low considering the bottom average of the charts.
This morning the value dropped again and probably the buy wall at 590$ will be eaten.
If this trend continues the price theory should be modified a little.
857  Economy / Economics / Re: Loans in BTC on: July 26, 2014, 08:36:35 AM
BTCjam.com has been doing loans in BTC for awhile where people can do peer to peer lending.   I have never tried it before, and I was just reading how someone made off with a bunch of investor money...but that is always the risk of lending...

Thing is BTCJam only does soft credit checking, it's not actually pulling regulated information to asses someone's risk when being loaned money. If BTCJam teamed up with someone like Experian who offer business services they could reduce a lot of time spent checking IDs, get a more reliable credit score and they even include debt recovery.

The downside to this is that people will bad credit will never be able to get a loan, even if they really can afford to pay it back.

Also the BTC would have to be pegged to USD to avoid problems with fluctuation.

I lend btc on there . I have made a few loans and have been burned once. You can choose to borrow with btc pegged to US dollar or not. As a lender you determine if you want to lend to a pegged loan or not. Reputation loans are a quick turnaround. Some borrowers will do multiple rep builders. After 1-3 loans with a quick payback seem to be the safest for later loans.

Reading what happened in the past in the loan section of the forum, I would never risk a loan with my precious bitcoins.
The probability to be scammed is high and the revenues are too little, I'll stay away from that business.
858  Economy / Speculation / Re: Higher chances of a rally on: July 26, 2014, 08:32:33 AM
Almost half of the buy support at 590$ has bean eaten in the last minutes, it decreased from 1600 to 800 btc,
now seems more stable but isn't so easy to predict if the sellers will break through it or not.
859  Economy / Speculation / Re: Another dump to $550 can be expected in 48hours on: July 26, 2014, 08:27:38 AM
When the price down, people buy BTC
and because many people but BTC, the price went up again

this case usually happen, and the low price only lasts about a week (if i'm right)

It depends, if the drop is caused by a bad news, usually the panic sellers will enter in the game together with trading bots,
crashing the price by a large percent.
860  Economy / Speculation / Re: Bitcoin price to be US$3,500,000??? on: July 26, 2014, 08:23:12 AM
I don't think bitcoin adoption will ever be at 100% of world population, but it can go surely to 30% or 40%,
which is not bad considering that it will be valued around 1.500.000 dollars.
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