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1461  Other / Off-topic / Re: Any LoL esports betting site? on: September 22, 2015, 06:11:05 PM
Hum... level up your account and I'll bet you.

1462  Economy / Economics / Re: Bitcoin halving to be canceled? on: September 22, 2015, 06:03:59 PM
What?

Who has the most power over Bitcoin? Right, these are mining pools. Who is most interested in preserving the current block reward? The same mining pools...



Who gives a fuck what the pools do, it's what the miners do.

I see a .000000000000000000000000000000000000000000000000000000000000000000000000000000 00000001% chance miners agree to risk the value of bitcoin and change the 21 mill target.
1463  Economy / Speculation / Re: Is buy and hold a good investment option with price around $230 - Aug 2015 on: September 22, 2015, 06:00:49 PM
If you can't hold for a min of 5 years don't bother.
1464  Bitcoin / Mining speculation / Re: Bitmain to make a U4..??? on: September 22, 2015, 05:02:31 PM
It's not just a money thing, it's a support and warranty thing. As soon as the product is not complete there are so many more variables in the equation and things that the customer can mess up.

Rich



Ahh good point.
1465  Bitcoin / Mining speculation / Re: Bitmain to make a U4..??? on: September 22, 2015, 03:54:26 PM
I wonder if just selling one board and you have to make your own enclosure and cool it your self would be viable.

Strapping a board to some wood and pointing fans at it is quite easy for anyone.  Would reduce the cost massively for shipping and production as bitmain would only have to ship boards.
1466  Bitcoin / Mining speculation / Re: with S7, bitmain vs spondoolies becomes interesting on: September 22, 2015, 03:53:11 PM
Bitmain is currently the only company making ASIC's I thought..
1467  Economy / Economics / Re: Fed Implies Possible Negative Interest Rates on: September 22, 2015, 03:00:17 PM
Lol when interest rates are at 0 and you can't raise them because the economy is fucked, the only way to go is negative. If they don't go negative the fed is just admitting that they are a completely pointless institution that can't do a damn thing to influence the economy. Maybe they'll just leave rates at 0 forever, promising an imminent recovery and rate-hike. They've been singing that tune for awhile now. If the economy gets worse they'll have to choose between going negative or just throwing up their hands and saying there's nothing they can do. Except more QE of course.

This, more money printing or negative rates.  We've hit the end game of the debt system, probably could hold out another 20 years but it's game over for the debt system.
1468  Economy / Economics / Re: What's the next big announcement you think might make BTC value rise ? on: September 22, 2015, 02:54:57 PM
When the debt system starts to crack and people look for an exit.
1469  Economy / Speculation / Re: Canadian Housing & Bitcoin on: September 22, 2015, 02:53:13 PM
Almost all of my friends are 100% or 99% invested in real estate.....

Almost every chart I look at implies Canadian housing is in a MASSIVE MASSIVE bubble.. our ecom is real estate..

When it fails I am wondering if others think BTC and PMs will lift off.

You must live on the west coast,this real estate market is going to blow and people are going to be committing suicide left and right.
I know guys that have never worked a day in their lives that just flip houses and have made decent coin but they also overextend themselves and reinvest due to the Asian influence on our prices.
When the bubble does burst it will effect me more in a work related sense as the new construction permits will flow to a trickle.
Jobs will be put on hold as companies that also speculated go under. Its going to be nasty if the day comes because a lot of people have taken out loans against their current value of the house or they are paying max just to get into the market. If the value goes up or down to fast people can catch heat.

I do not see people flooding to bitcoin when that happens though. More likely it will be to late for a bunch of people.
You watch t.v and the news will parade real estate agents through telling you now is the time to buy,have they ever not said that!

How fast and far do you think the TO area will fall if at all?

It seems this game could go on for decades :S..
1470  Economy / Economics / Re: What you will do if bitcoin price drops to 50$ and you have lots of bitcoin on: September 22, 2015, 02:25:17 PM
This is like the people that call gold a bubble and it's going to $300..

Sure it is, sure it is.
1471  Other / Meta / Re: Stake your Bitcoin address here on: September 19, 2015, 11:31:12 AM
Address: 1AqTMBDUQ9V4Z1gRkxhgSUdBuVgXQY8i61

Message: Spazzdla's address

signature:  IMH+U3jUtD8xH6bE/ZSeQ1AYmBTacj0guCLzRn+JqXbyWxNZyDGxHgGJME7fkwfctastCeO/gGPIx9DpW/b+3aU=
1472  Economy / Speculation / Re: btc to £1000000 on: September 18, 2015, 06:53:24 PM
This will be after the global collapse of currency systems and they all go into hyperinflation. I cannot believe what I have just read in this article from the chief economist of the BOE.

Bitcoin also gets a mention, im in absolute shock.

http://www.telegraph.co.uk/finance/bank-of-england/11874061/Negative-interest-rates-could-be-necessary-to-protect-UK-economy-says-Bank-of-England-chief-economist.html

In England the telegraph is generally recognised as being one of the more respected newspapers.



What is the relate to BTC ? Why any collapse on currency and economics of countries always lees you to BTC ? There is no necessary ......

He mentions bitcoin in the article...
1473  Economy / Lending / Re: Needed a 0.1 loan, Sorry no collateral on: September 18, 2015, 06:27:10 PM
As people think you are going to scam them...

A hero account is worth ~.5 BTC so a loan against a hero account for .1 btc makes sense.
1474  Economy / Speculation / Re: btc to £1000000 on: September 18, 2015, 06:25:08 PM
Bitcoin is THE PERFECT tool for a gov to have 100% control of money... Not good.
1475  Economy / Economics / Re: Inflation Would KILL Bitcoin Dead on: September 18, 2015, 03:15:47 PM
Fixed supply is bullshit. Bitcoin will change or will dye.

While I think a min pay out of 10 bits (.000 01 bitcoin) would of been best, a fixed supply is just fine.  Bitcoin will not die because of a hard cap, it is to late now to add a min payout IMO.

If one is added then the idea that 21 coins will only exist is gone as people will think "if a min payout can be added what stops from chaing the cap from 21 mill to 21 bill"
1476  Economy / Economics / Re: Who said that a rate modification shall only be by 1/4 of a percent? on: September 18, 2015, 03:12:31 PM
America cannot afford an interest rate above 1% this is all a game to keep debt based currency alive.

So they act like .25% is a real movement.

Romes end game lasted many many years... so will the fall of the current banking system.
1477  Economy / Economics / Re: Inflation Would KILL Bitcoin Dead on: September 18, 2015, 03:10:44 PM
I cannot see miners agreeing to raise that cap.  It would kill the trust of bitcoin.
1478  Economy / Speculation / Re: I will not Die Untill Bitcoin will reach at Least 50K on: September 18, 2015, 03:09:10 PM
that is not possible !
Both things are not possible you cannot live forever (1)
bitcoin will never be at 50k (2)
keep it up ! Smiley

If you don't think BTC will reach 50k you believe it is going to zero.  You shouldn't own a single satoshi.

It's going to become a store of value or it's going to zero there is NO MIDDLE ground.

Bitcoin WILL be +50k or 0 by 2030.
1479  Economy / Scam Accusations / Re: Bitcasino.io are cheats on: September 18, 2015, 02:39:26 PM
I was playing poker on a dogecoin poker website..

After watching the same player get the best hand possible and beating 4 other people and then me with us having the 2nd best hand possible.. I no longer gamble on crypto sites.
1480  Economy / Speculation / Re: Bulltards are about to face their punishment: $215 by Monday on: September 18, 2015, 01:45:50 PM
I want $200 cad per btc.
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