Bitcoin Forum
May 05, 2024, 04:08:08 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 [64] 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 ... 231 »
1261  Economy / Gambling / Re: What is the best bitcoin casino? on: June 20, 2014, 02:06:29 PM
Never tried a bitcoin casino so I'm looking forward to gambling a few satoshis.

min deposit on SwC is 0.001


Ahh right, think I'll hold off from gambling til I've got more btc to play with.

Gambling with btc have so much advantages than with fiat. I think sites likw poker stars, full tilt, wh, and so on will die eventually due to bitcoin.

And yeah swc poker is best i think.

They could just allow bitcoin deposits and withdraw, they will save a lot of money they are losing through deposits fees and charge back

PS has been bought up by an other company a week ago
1262  Economy / Services / Re: [PrimeDice] [Highest Paid Signature] Earn up to 2.4 BTC/Month by Posting on: June 20, 2014, 02:05:15 PM
I have read back several pages & haven't time to go back any further now. Does anyone know if Stunna updated the list showing who has enrolled for next month? I'd like to know for sure if I'm on it.

-If you go there : https://bitcointalk.org/index.php?action=profile;u=81292;sa=showPosts

you find this : https://bitcointalk.org/index.php?topic=291387.msg7397307#msg7397307

-Do we need to keep track on our post count at the beginning on the new period?
I have just enrolled the form right now, so will I be listed for next month?
when will be the next list public?

If you enrolled you enrolled...

You are asking me when is the next time Stunna is going to post here? I have no freaking idea; I would guess within 24h, my suggestion would be to be a bit patient and you will be fine helloge! Stunna is very trustworthy and the automatic system will work fine
1263  Bitcoin / Bitcoin Discussion / Re: Ask Amazon for Bitcoin Payments on: June 20, 2014, 02:01:38 PM
We dont need to ask them, they know everything already and i think they're already working on it.

I concur.

It cannot hurt to send a mail to them once in a while so they can feel the excitement building; it will be huge if they accept Bitcoin

Come on, Roger Ver said they'd accept it before the end 2014! What's the hold-up! I'm even betting on it!

___________Amazon will accept Bitcoin by end of 2014
Options: Yes, without discounts | Yes, with discounts | No

You stand to make a nice win, how much would you win if you won now?

Total Volume of the bet is 0.071 on BM

Yeah it's slowly growing. Generally, the more you put down, the more someone puts down against you. So if you put down 1 BTC I can almost guarantee someone will put down 1 BTC against you within the next week. The earlier you bet the higher the time multiplier so there's incentive to bet early.

Betting on the World Cup is fun at the moment Wink
1264  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: June 20, 2014, 01:49:26 PM
I wonder what will happen when people realize that it's way, waaaaaay unprofitable to mine and start buying bitcoins instead!!!  Grin

Won't happen. By that time, the tx fees will give the profit. Also when Bitcoin is uber mainstream and all blocks are mined, there will be A LOT of BTC in blocks, only from the tx fees, and that makes it really profitable. I believe you know that now block rewards are 25 BTC + tx fees.

I know all that, but bitcoin mining is already unprofitable! That's what I am saying!

No, it's not. GHash.io is unprofitable, normal mining isn't.

I think there are a lot of people who would disagree with you

I'm not saying that it's profitable with anything, but it can definitely be if you invest smart. Buying new ASIC units and selling old ones.

If you get delivered in time, if the network power doesn't increase too much and if you sell well you can profit without investing too much
1265  Other / Meta / Re: The definitive explanation of how activity works! on: June 20, 2014, 01:44:34 PM
well sorry i got stuck here if i make over the 20 posts in two weeks then after the week how much my activity will be.. ? i mean how much it will increase to 20? well i joined the forum on 20 may 2014 now is 20 june 2014 total one month its about 4 months two weeks 2 * 14 = 28 then why my activity is 42 and i m posting from many days my activity is still 42.. stuck?


You may want to phrase  your questions a tiny bit more clearly

Your activity is going up at those dates :

In order to make this thread more productive, here are some of the next timings :-
Quote
( All times in GMT )

April 29th , 2014 , 8:26:40 AM
May 13th , 2014 , 8:33:20 AM
May 27th , 2014 , 8:40:00 AM
June 10th , 2014 , 8:46:40 AM
June 24th , 2014 , 8:53:20 AM
July 8th , 2014 , 9:00:00 AM
July 22nd, 2014, 9:06:40 AM
August 5th 2014, 9:13:20 AM
1266  Economy / Services / Re: [PrimeDice] [Highest Paid Signature] Earn up to 2.4 BTC/Month by Posting on: June 20, 2014, 01:40:56 PM
I have read back several pages & haven't time to go back any further now. Does anyone know if Stunna updated the list showing who has enrolled for next month? I'd like to know for sure if I'm on it.

-If you go there : https://bitcointalk.org/index.php?action=profile;u=81292;sa=showPosts

you find this : https://bitcointalk.org/index.php?topic=291387.msg7397307#msg7397307

-Do we need to keep track on our post count at the beginning on the new period?
1267  Other / Beginners & Help / Re: Martingale System on: June 20, 2014, 01:36:48 PM

Quote
Thanks for this. i'll try this system but will not push to the limit.  Smiley 

It's not a system. It's a strategy. For every 10+ wins in a row there's an equal chance of losing 10x.
Say you're betting 1000 doge. If you need to overcome 10 losses it'll cost over 500,000 ...

There is no gambling strategy that gives you better odds of beating the house

I don't understand your explanation anyway
1268  Economy / Gambling / Re: Primedice.com | 600M+ Bets | 350k+ BTC Wagered | Free BTC | 1% Edge | Instant on: June 20, 2014, 01:34:51 PM
Hoping to have a happy hour running some time within next 12 hours Smiley

Not 100%, depends how much gets wagered in that time. If so hope to see lots of people there!

Sounds good Smiley
If it isn't over yet, I probably will be there.
Now I have to check this thread every 5 min Cheesy
I also hope its coming because Stunna post nearly 9 hours ago and during this time nothing happen I am also waiting for this

I am here as well

An idea could be to open happy hours only to players who gambled in the last 10days a total of 0.1 or more and make it 30,000 or 50,000/minute Wink

Well I'm glad it was Primedice that made you realise what a triumphant waste of time other faucets are. And I think people would be better off just joining this campaign and posting rather than wasting time with the faucet or happy hours (though they can be fun). They can then gamble the funds that they get at the end of the month which I guarantee will be much more than what they won on the faucet.

You can do both
1269  Economy / Gambling discussion / Re: Does martingale really works? on: June 20, 2014, 01:26:43 PM
My bank account will tell you that no, it most certainly does not  Cheesy

I don't think you have the right to say a strat doesn't work unless you have tested it and found it has mathematically worse odds then say, just gambling...

I think Martingale is the best strat you can do to make money...Yes, you will lose if you keep playing.  Knowing when to quit and quitting is not what makes a good/bad strategy

You don't change the odds of the house thus you have a negative expectation and in average if you want to win for exemple 50% on your money you will bet more to win the same amount as you would in a single bet so your expectation is worse
1270  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: June 20, 2014, 01:25:02 PM
of course gold because gold more stable than bitcoin
for example if you buy gold now and keep it for long time you can sell with high price because gold price never go down different with Bitcoin the price could drop anytime
true, but when bitcoin rise in price was fantastic.
when you have a lot of gold. then the thieves will notice you and lives will be at stake. however, the thieves are not so interested in bitcoin because they do not know the thing works. lol Smiley

You can hide your Gold from thieves and thieves will know you have bitcoins because you talked about it to your family, friends, girlfriend, neighbours, coworkers and online without hiding yourself
1271  Economy / Gambling / Re: EveryDice.com | 0.99% Edge - Instant Cashout - Invest - Referral - Mobile - Fair on: June 20, 2014, 01:23:44 PM
What about 1DiCe1? He lost what, 50btc?
I could be wrong, but I think in terms of pure deposits/withdrawals he's actually up by over 50BTC, though he is obviously owed a lot more. Maybe he's just happy with the profit he has and is choosing not to pursue it, or maybe he actually cheated and doesn't want to be found out, I don't know.

You would think he'd give a nice fat bounty to find the site operators or that someone else would
1272  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 20, 2014, 01:22:45 PM
Guys please stop getting mad at me for posting charts of how a downwards scenario would play out.  My charts are mostly geared towards swing traders and daytraders so they would know where good trading points are if certain scenarios play out, where to find support and resistance, and how to watch for a breakout. NONE of my postings just tell people to sell their bitcoins now. In fact, for people who don't want to bother with trading, I recommend a long term holding strategy, as I am very bullish on a 2-5 year perspective and think that $10,000+ could be reached.

People would be foolish to sell just because they saw a chart from someone online that they don't know, this thread is mostly lurked by people day trading or trying to know the sentiment or why the price increased/decreased
1273  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: June 20, 2014, 10:19:11 AM
First, I hope that your communication of the future does NOT change the course of history,
Don't be silly. Of course it will. We will now never see that chart.

If everyone was convinced in was indeed a chart from the future, every movement would happen sooner than expected

Then we will need conflicting charts all claiming to be from the future.
"Follow my chart, it is the one true path"  Cheesy

We have an exciting second half of the year ahead, whales got their cheap coins and now we will have the anticipated spike up in price to new highs thanks to a few timely positive news that will come up during the summer and right after
1274  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Play or Invest : 1% House Edge : Banter++ on: June 20, 2014, 10:16:40 AM
The site total profit is approaching 19,000BTC; next goal for investors will be 20,000BTC; maybe it is a good time to divest in hope of a player winning big followed by investors divesting and then reinvest getting a bigger share of the bankroll and waiting for the whale to come play again Grin

Whales like round numbers I predict so that is when the movements will be more volatile Smiley
A fun month for investors ahead lol.

Just popping in to say 50 BTC to 19,000 Smiley
And I will see Doog today at the free roll bwhaha Lol (Says in Hero tone so it doesn't fail epicly  Wink and yes you do get my seals referral fee lol.)

45.7 to 19,000BTC Wink

Amount invested : 51,638; when the profit goes up, the amount invested goes up exponentially and vice versa

Bitcoin @ 5,000$ with the same amount invested would mean doog has a laptop worth a quarter of a Billion Dollars, pretty cool
1275  Other / Beginners & Help / Re: Martingale System on: June 20, 2014, 10:12:05 AM
I dont belive in this.

You don't believe there is a simple system available to anyone that allows you to become extremely rich in a matter of days without any efforts? Grin Grin
1276  Economy / Speculation / Re: Argentina heading for a repeat of 2001 collapse on: June 20, 2014, 10:10:55 AM
Dude we are singing from the same hymbook, relax.

You are bending the definition of inflationary to try and make a point though. Don't. It's not necessary. The bank bailouts were undoubtedly destructive. That doesn't magically make them somehow 'more inflationary' than other asset purchases. Unless you have another theory of inflation you'd like to propose.

I don't claim that it was a good idea to bail out the banks, I agree with nearly everything you said. A few points though:

Quote
it's questionable whether profit was ever made given the shady accounting that has been given to those assets currently
They bought some assets for x nominal dollars. They sold them for x + (strictly positive) y. What's questionable?

Quote
how do the ordinary citizens benefit from any profits made
Via the reduction in the deficit that accrues to treasury from the profit they made.

Quote
why was mortgage principal forgiveness never an option for ordinary Americans
It was.
Principal forgiveness is an element of the strategy that has been used to tackle the problem of underwater mortgages. See here for an example of BofA forgiving 3 billion. I agree that they should have used it more, as does Calculated Risk. In the case of Freddie and Fannie, an FHFA analysis indicated that principal forgiveness for that protfolio was less cost-effective (for taxpayers) than alternatives.

Quote
furthermore, by your logic, since housing prices have recovered since 2008, he made a mistake in not bailing out ordinary Americans mortgages at the time
Wrong, as I previously stated I am against bailouts for the same reason you are (moral hazard etc). It was not a mistake not to bail out these mortgages, but had they done so the treasury would have made a healthy profit assuming they are no longer underwater (hint: many of them are!).

Geithner is a prick, plain and simple. Not sure what you think he has to do with the bailout though, which was passed by congress under Bush and implemented by Treasury.

Quote
you should probably reread what i said

Sorry, you're right you did say 'rarely' originally. The 'never' part came from:
Quote
never is the debt forgiven entirely

However haircuts are not even rare, which is the implication of your original statement. Haircuts are relatively common. And your 'never' statement was also wrong - I pointed to examples of total forgiveness as well. However I think we are arguing past each other here, as I suspect the point you really wanted to make was:

Quote
debt restructurings almost always favor banks at the expense of a sovereign or its citizens

Once you accept default, restructuring favours whoever has the most negotiating power. The default event inherently favours the debtor, and then it's up to the creditor to negotiate as much back as they can. You're probably right in some regards, but a it's a bit weird to think that a restructuring, which always result in less favourable conditions for bond holders than if there had not been a credit event, always favours bond holders.

Perhaps you are just against credit in general?


The Argentina government took loans and promise to pay it back by taxing your citizens and promise to tax their children and unborn

To take more loans they took loans in USD, loans they can't repay just by printing new money

They ask the loaners to suffer a loss and decide not to pay them back and they have the worse end in the deal??

Loans are supposed to be repaid, I think it should be illegal to take a loan taking the upcoming revenues of children and unborn as a collateral; I can't do it with my children, they shouldn't be able to do it with their unborn citizen; I prefer a restructuration than a devaluation because it is more straightforward and less harmful; Argentina did both
Perhaps its time to re-introduce the old english concept of debtors jail!

I love Argentina but it is very hypocrite to say you are in a bad situation because of the guy who loan you money and lost more than 50% of what he loaned you even if the loan was bought back and the guy who bought it back got it cheaply, you are responsible for your debt

It would be nice not to allow to run debts on the children and unborn's future revenues
1277  Economy / Gambling / Re: EveryDice.com | 0.99% Edge - Instant Cashout - Invest - Referral - Mobile - Fair on: June 20, 2014, 10:08:52 AM
Got to be a bit more than a coincidence though eh? Why would you have the username 'uptweets' if you were not affiliated in any way with the site. He may not be Brian, but I'd almost guarantee than Brian knows him well

The problem is apparently nobody lost enough to launch a real investigation and offer a bounty
1278  Other / Off-topic / Re: What exactly is the most important thing in our life? on: June 20, 2014, 10:08:06 AM
Objectively speaking nothing in your life or the physical world has been proven to have any "meaning".

Subjectively speaking its possible as an individual the whole everything is self created and you are indeed god therefore you decide the meaning.

You made me dream for 5seconds, thanks Wink

The most important thing in my life are my family and friends. Without them I'd have nothing. They make me laugh, they make me cry, but most importantly they make me happy and I believe that is what makes life definitely worthwhile, for all of us.

What is nice and fun in life is the human interaction, hopefully real interaction, not online Wink
1279  Economy / Gambling / Re: Hypothetical battle comparison (Donald Trump vs whale) (dooglus vs whale) on: June 20, 2014, 10:06:33 AM
I don't understand why you say 10K/day would be the ideal level of activity, the more the better!?

While investment is a type of gambling, most investors want to see a lot less variance than a gambler. If the bank is about 50,000BTC you can tolerate the amount of day to day variance with an average of 10,000 BTC or fewer being bet per day, while still getting a great return over the long run.

Adding the last two days of the year to the table, I just think most investors don't want to see people wagering many times the value of the bank in a day. It makes them feel like they are the gamblers.

FULL 365 DAY YEAR
   Profit      Days      Average BTC      Minimum      Maximum      Sum   
   1.00%      90      11,722      644      124,771      1,055,016   
   1.00%      8      119,543      4,755      384,966      956,346   
   0.25%      3      25,741      15,904      33,064      77,223   
   0.50%      14      125,812      7,485      1,553,358      2,061,576   
   0.50%      128      6,782      1,448      70,669      868,111   
   0.50%      122      2,427      691      7,463      296,061   
                                          

The variance is not necessary higher if more is wagered everyday!!
1280  Economy / Economics / Re: Global Financial Crisis scenarios on: June 20, 2014, 10:05:51 AM
Hard to say which way bitcoin will go.

Remember, during the last crisis, even gold and oil went down quite a bit.

Gold has been going up during the years leading to the house crisis, what was a bit surprising to some was to see the USD going up as well

What do you mean by the USD going up - the USD index, i.e. dollar going up against other major currencies?

USD index has been going up steady in the last few years.

People think US is in bad shape, but they don't realize Europe and some export countries has high dependency on US.

If the exporting countries buy U.S. government debt (i.e. treasuries) in exchange for the goods they supply, then this dependency may ultimately turn out devastating to the U.S. economy. If they don't buy treasuries, then this dependency is mutual overall since the exports should be balanced by the corresponding imports.

It has been to exchange goods that require hard work against IOU's for the US government and the countries exporting were able to build their industry and learn valuable skills but now they are shifting to a situation where it will be more interesting to have a more valuable currency and sell their products to their own people instead of getting paper in exchange of their hard labor

It will be devastating for the US

Hard to say which way bitcoin will go.

Remember, during the last crisis, even gold and oil went down quite a bit.

Gold has been going up during the years leading to the house crisis, what was a bit surprising to some was to see the USD going up as well

What do you mean by the USD going up - the USD index, i.e. dollar going up against other major currencies?

Yes
Pages: « 1 ... 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 [64] 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 ... 231 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!