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721  Other / Beginners & Help / Re: day trading - what's the catch? on: July 15, 2014, 04:09:11 PM
I've put a small amount of coin in btc-e just to try day trading for to see if I can turn $10 to $10.20 but have an issue.

What about just deposit your bitcoin in PD (or any other reputable gambling sites) and make a 97% bet? It will be much simpler. Smiley

If I remember correctly, I've read on this forum about someone betting an absurd amount of Bitcoin (about 1000?) for a 97% bet.
He ended up losing Cheesy
722  Other / Archival / Re: Updated Overview of Bitcointalk Signature-Ad Campaigns on: July 15, 2014, 04:06:57 PM

A lot of limited campaigns : lunamine is limited to 5 users, anonimity to 5 users, fastbluff 15 participants...

Primedice is something like 200 participants !!! Really different.

Yes, PD is the most reliable, stable and i think the oldest signature campaign.
And fortunately, they're not closing their campaign. It would be a terrible loss for us if PD closing their signature campaign.

Fortunately, considering the growth of Bitcointalk's userbase, it still seems profitable for them to keep their campaign running.
Until the time when all of the forum's users will be using it I guess Cheesy
723  Alternate cryptocurrencies / Altcoin Discussion / Re: What happening with DOGE? on: July 15, 2014, 04:04:23 PM
good to buy in bulk now, doge is not dead, but needs a Resurrection plan ahead, asap.

There is a long-term plan of implementing PoS in case the current system ends up being insecure.
Imho, a resurrection plan is not needed as there are plans in place so it won't die.
724  Other / Off-topic / Re: Pick my next raffle giveaway on: July 15, 2014, 04:03:15 PM
The poll closes on the 18th. So far it looks like it'll be a 1000 Watt PSU.

Are you sure that's a good idea? I don't believe that a considerable percentage of users would find an use for that.
725  Economy / Securities / Re: [CANNABIT] Investment Details - Announcement & Discussion Thread #cannabit on: July 15, 2014, 04:01:25 PM
Cannabit MIA :/

NW, try to PM him if you have a question... He is not a frequent poster and I think he prefers personal touch rather than posting updates on a public forum.

I've had answers on Cannabit's IRC channel in the past.
(#cannabit)
726  Local / Économie et spéculation / Re: Le prix du bitcoin ne cesse de chuter depuis quelque jours... on: July 15, 2014, 03:59:32 PM
466.000 $ par jour, soit plus de 1000BTC au cours d'il y a trois mois, sur les 3600BTC minés par jour...

... 28% du gateau, sérieusement ?

Les chiffres sont peut-être exagéré, mais considéré l'effet "economy of scale" grâce auxquelles les grosse compagnies productrices de mineurs peuvent opérer à la moitié du coût d'un utilisateur moyen, je ne serais pas surpris que 80% du réseau soit entre les mains de KNC et autres, qui vendent leurs bitcoins dès qu'ils sont minés.

C'est aussi la raison pour laquelle je pense que le prix actuel ne pourra pas vraiment être dépassé et rester stable avant au moins le prochain block halving.
727  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Alt coin to invest in 2014 on: July 15, 2014, 03:56:10 PM
What do you think about Dogecoin? Stays already for a long time in the media. Do you think this coin has a good future?

It does seem undervalued right now, considering the huge price drop since last month, and the fact that block halving will happen in three days.

doge can not last no matter what with the currenty mining strucutre and the community is going bad from the inside out.

Why are you saying the community is going bad? /r/Dogecoin is as good as ever, and there are still many cool initiatives surrounding the coin.
728  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Is Moolah.io a ponzi-scheme? on: July 15, 2014, 03:54:10 PM
it's 15th July now... so did the moolah deliver on their promises ?

Regards

The ATM still are not released, but it would be wrong to accuse Moolah_ of being a scam.

I've used some of his other services; the merchant platform, the Prelude exchange, and his escrow service without any problem. And he's a positive member of the Dogecoin community. His attack on the patent for the term "doge" is a very good initiative.
729  Alternate cryptocurrencies / Altcoin Discussion / Re: why cryptocurrency is Good. on: July 15, 2014, 03:51:56 PM
I prefer to be free in a wild west, where I am able to protect myself, than be another slave in the Fiat empire.
730  Alternate cryptocurrencies / Altcoin Discussion / Re: The Deathblow to Proof of Stake on: July 15, 2014, 03:50:19 PM
POS in general is secure as they stake holders are if they are stupid and keep 1/3 of all coin at one place they can suffer like VRC..
If they are smarter like PPC they wont have such problem.

Here even didn't see any blow in POS security becouse attacked have to know how attack coin...


Here was panic fear of dumping 8m coin on market nothing more...
if they wanted  secure network they could do it other way.

PPC also has the advantage that, because it is older, distribution is considerably better. Which means that it's very unlikely that a single exchange would have a big percentage of all coins.
731  Alternate cryptocurrencies / Altcoin Discussion / Re: This will be a real game changer Credits CRD will have a Exchange in the wallet on: July 15, 2014, 03:47:17 PM
That's new? Don't Counterparty and NXT already have built-in exchanges?
732  Alternate cryptocurrencies / Altcoin Discussion / Re: are there any stable altcoins? 99.9 percent seem to be on: July 15, 2014, 03:46:13 PM
Peercoin has approximately the same value as it had last month, that's quite stable.
733  Alternate cryptocurrencies / Mining (Altcoins) / Re: Would it be better if I buy a asic scrypt miner or cloud mining? on: July 15, 2014, 03:45:30 PM
You can see how unprofitable cloud mining is by using a mining calculator like this one, which takes into consideration the difficulty adjustment:
https://bitcoinwisdom.com/bitcoin/calculator
734  Other / Beginners & Help / Re: Cloud Hashing on: July 15, 2014, 03:44:35 PM
well investing in hardware is useless as the hw becomes old it has no value.

Those who invest in this don't seem to be aware of difficulty adjustment.

If someone is still thinking about this, please use this calculator before: https://bitcoinwisdom.com/bitcoin/calculator
735  Alternate cryptocurrencies / Altcoin Discussion / Re: 99,9% ARE SHITCOINS - so don't waste your time or money on: July 15, 2014, 03:41:33 PM
not syscoin...it is next bitcoin

It is too late for it to become "the next Bitcoin". The network effect of Bitcoin and of the 10 or so major cryptocurrencies is too strong.

This is not a consumer technology, but an economy, there's no way that it can be easily surpassed.
736  Other / Off-topic / Re: Answer the question above with a question. on: July 15, 2014, 03:38:54 PM
Grin Who here wants 5 million satoshi?

Who doesn't?

I sure do, so I can't say I doesn't  Cheesy

How did you obtain 5 mil satoshis?

Luck, I suppose?

Perhaps it was by buying them, since it's worth only about 30$ at the moment? Cheesy
737  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.7 Available on: July 15, 2014, 03:37:34 PM
Happy halving day to all!
It should come in less than one hour Smiley
738  Other / Beginners & Help / Re: day trading - what's the catch? on: July 14, 2014, 03:48:18 PM
When bitcoin did not have any/only a few merchants accepting it for payment, it was not competing with anyone. Today with LTC having no/very few merchants accepting it for payment, it needs to compete with bitcoin which has a stronger network and is not missing any features that LTC has.

That doesn't mean there isn't a place for LTC or other altcoins. It just means that bitcoin has the "first mover" advantage that ensures it to be the likely forerunner. Doesn't change anything.
Each additional coin that a merchant accepts will cost some incremental amount for the merchant, if it is additional training for employees, for paying the LTC equivalent of coinbase, updating their website, or other costs. However if a business accepts BTC they will really not receive any additional benefit from accepting BTC and LTC as it is very easy to convert LTC to BTC on most/any exchange.

There are a few services like GoCoin which make it really easy to accept a few altcoins. No additional training is needed for employees.
There's no reason to accept BTC only when there are services like this.

Recently, Hustler.com started accepting BTC, LTC, and Dogecoin for subscriptions through GoCoin, and I'm quite sure that trend will continue Smiley
739  Other / Beginners & Help / Re: Cloud Hashing on: July 14, 2014, 03:46:46 PM
any smart person is going to charge you more than they can make, which means you pay more, than you can make.

it is like a drug dealer selling for less than they buy for. not good business lol

Exactly.
If the hashrate owner can expect to get 1 btc from the hashrate, why would he sell it for a lower price than that? Cheesy


Selling hashrate in cloudhashing service is actually one of the very few ways that a big mining farm can be profitable Cheesy

Of course, since the profit margin in cryptocurrency mining is so small, they'll be the only one to profit and the customer will be lucky to get 50% of his "investment" back, consider how quickly the network difficulty is increasing.
740  Other / Beginners & Help / Re: spam satoshi's on: July 14, 2014, 03:44:27 PM
haha, going to try it one day Cheesy

Good luck! What kind of website is it?
Might as well start advertising it here Cheesy
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