Bitcoin Forum
December 01, 2023, 12:35:29 AM *
News: Latest Bitcoin Core release: 25.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 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 ... 88 »
1  Economy / Gambling / Re: ⭐ Crypto-Games.net ⭐ 5 Years Old! ⭐ 4 Billionth Dice bet celebration!⭐ on: November 05, 2019, 08:08:42 AM
Very strange that you guys got DDoS, maybe we are at the beginning of a new Bitcoin bullrun because if I recall sites usually get DDoS during a bull market. Anyone know if any other casinos were targets this week? Yours seem to be the only one I can find.

Either way regarding the investments I do see a point he is trying to make however his definition of risk isn't correct. Basically if gamblers leave the site just makes less money, and they get less money so the risk is the same just the profits might be smaller.

However if the site was always down constantly which it isn't then gamblers might get fed up and leave and join another site. So less gamblers less revenue however risk from a bankroll is still the same.

I wouldn't worry, these things happen from time to time with almost all sites some even not crypto related. Facebook was even down in the past and people still use it.

Well I've been scammed so many times in the crypto world that every little thing starts to look like a warning.   I think you got my point though, there are a lot of places for people to go.   It doesn't seem to have changed much a crypto-games.net after the DOS attack, there is still a lot of action going on.   So far bankrolling has been more profitable and a lot less work than loaning crypto.   Just sometimes it isn't fun because it is a bit more up and down day to day.   Mostly down lately but that will change.
2  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 05, 2019, 05:27:36 AM
At the risk of invoking our resident repellant resistant insect, Germany is the cauldron of European civilization.




Just try swimming with your precious metals ...
3  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 01, 2019, 11:49:59 AM
Quote
the United States Federal Reserve has added $210 billion to the market over the past two months ó an amount greater than Bitcoinís entire market cap of $167 billion ó and one that could make deflationary assets such as gold and Bitcoin attractive to investors.

Source: https://cointelegraph.com/news/bitcoin-and-stocks-break-2019-reverse-correlation-trend-chart-data

Gold is deflationary?

There are trillions of tons of gold just waiting for to figure out how to get it.  Actually trillions of trillions of trillions of tons but most of that is more than a light year away from us.  

BTC is limited, on the other hand altcoins are not.
4  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 30, 2019, 11:12:17 AM
Please do not let this get out but if there is anything I fear as a capitalist, libertarian, anti government free radical is the possibility of all of the liberals and governments buying all of my bitcoins.

I wake up nightly fearing that this may happen. What if they get all of the bitcoin? Then we are all doomed and you all know it. Fiat will win. Game over.

Do not let "them" know this dark secret. It would devastate us all and they would walk away the victors. At that point I would surely need to admit that communism is the best and Karl Marx is a genius.

Governments attempting to buy all of the bitcoins remains the wetdream for anyone holding bitcoins.

There is no way that they can buy all of the bitcoins, and it would just cause the BTC price to go up exponentially and in an out of control manner.

When I have been reading about the supposed fears of the government buying all of the bitcoin as some kind of supposed meaningful threat vector, I just consider it as a kind of weak attempt at reverse psychology. 

Governments are not going to buy anything that they can reasonably attempt to steal from us.  So in that regard, each of us has a responsibility to take meaningful attempts at protecting both privacy and fungibility so that they do not rob us from our bitcoins in any kind of meaningful or systematic way
I agree with this but on the flip side, if Governments dont buy up Bitcoin then they can end up severely behind if other countries decided to do so.

All it will take is one country to decide that they are going to buy up all the bitcoin they possibly can, and just inflate their own currency to no end to accumulate Bitcoin.

Well, surely game theory suggests that countries will begin to do this at some point.  It is just a matter of when and likely to be on the downlow.

Secretly buying up as many bitcoin as feasible and buying ALL of the bitcoin are two vastly differing scenarios.

This will force other countries to do the same.

Of course.  Game theory suggests this is quite likely to happen.  It's just a matter of when (and likely also a matter of bitcoin not breaking).

Now the first country to do it will be holding a lot of Bitcoin which will be a real threat to any other country who isn't accumulating Bitcoin. This first country could also then sell its Bitcoin to the other countries for their currency and could potentially enrich themselves by holding both Bitcoin and other fiat at a gain.

Agreed.  All likely to happen.

This is why you must hold on for dear life, pat yourself on the back that you are investing in this perceived "risky" asset when the rest of the world is scared to do so.

Oh yeah, for sure.  We are all likely way the fuck early to the game and we have been accumulating at relatively low prices, and that is part of the reason why there is NO real need for any of us to engage in irresponsible behavior by attempting to act too greedy and to put our own lil selfies in financial difficulties because we have over-leveraged into bitcoin. 

In other words, bitcoin seems to remain to be such an asymmetrical bet that none of us have to kill our lil selfies in the way that we invest in order to profit stupendously on a personal level from our having had invested in bitcoin and continue to invest in bitcoin at whatever level is feasible and prudent for ourselves.  In other words, mere normal, prudent and perhaps slightly aggressive (without gambling too much) levels of investment into bitcoin will likely pay off with considerable riches.

We are so lucky, Bitcoin is the endgame for all value, it is the black hole; fiat currencies have no chance against it and fiat will only be bitcoin rocket fuel. The more fiat that gets printed, the higher Bitcoin will continue to go.

No argument or elaboration from me there, except just acknowledging:  Well said.   Wink
I truly believe we will reach a point where ALL governments in the world will be printing off endless amounts of fiat in order to buy as much Bitcoin.......but guess what? at that point we will all know that Fiat is 100% dead (dead as in it will be a never ending hyper inflation, and all of the people of the world will finally realize that Fiat is just something that loses value, while Bitcoin will just gain value as more fiat is printed) and no one will be selling their Bitcoin for Fiat, it would be beyond stupid because the Bitcoin you sell for Fiat, might lost half of its value the next day if the government decided to print (Digitally print) off trillions more, which will push Bitcoin up to millions of dollars (5-50 million dollars). Perhaps A zillion dollar marketcap, and no im not saying this because I am delusional, I just think Bitcoin is the black hole and governments will end up printing off trillions upon trillions to get more Bitcoin, but people are not going to convert back, and of course at this point being a millionaire wont be anything special.

I would say at this point, if you hold at least .2 Bitcoin for the rest of your life, you will be living an easy life. Keep in mind to, when this does go down, governments useless fiat wont be able to pay anyone to go pursue people who have Bitcoin. No police officer, or government worker is going to want to get paid in fiat, they will want Bitcoin, which the government wont have enough of to even hold things together let alone go after Bitcoin HODLers (Arrest, confiscate, etc).

It didn't happen with gold, it won't happen with BTC.   Governments might buy a chunk of BTC, but they won't create out of control fiat inflation to do so.
Thats because Gold can't be used as money (they tried and it ultimately didnt work), Bitcoin can. Gold will never be a threat to Fiat, Bitcoin is a direct treat to Fiat.

I can send Bitcoin to anyone in the world immediately, Gold cannot replicate that, ever. Just my opinion.

While I don't believe that gold has a long term future as a store of value, it really silly to claim that gold can't be used as money.    It has been used for for money for thousands of years and even now it is easy to trade for any currency, it currently has value.   There are forms of gold that are traded a lot faster than BTC can be transferred.   While it is possible to seen bitcoin to anyone if they have the correct tools to access it and are set up for it, the transfer is far from immediate.   Typically faster than a wire transfer but rarely less than an hour to get picked up by the network and get the six confirmations.   Much better than a couple years ago, but not immediate.   

Bitcoin isn't really even a threat to fiat currency.   However in many cases it will probably be a better store of value than fiat.   
5  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 30, 2019, 07:12:09 AM
Please do not let this get out but if there is anything I fear as a capitalist, libertarian, anti government free radical is the possibility of all of the liberals and governments buying all of my bitcoins.

I wake up nightly fearing that this may happen. What if they get all of the bitcoin? Then we are all doomed and you all know it. Fiat will win. Game over.

Do not let "them" know this dark secret. It would devastate us all and they would walk away the victors. At that point I would surely need to admit that communism is the best and Karl Marx is a genius.

Governments attempting to buy all of the bitcoins remains the wetdream for anyone holding bitcoins.

There is no way that they can buy all of the bitcoins, and it would just cause the BTC price to go up exponentially and in an out of control manner.

When I have been reading about the supposed fears of the government buying all of the bitcoin as some kind of supposed meaningful threat vector, I just consider it as a kind of weak attempt at reverse psychology. 

Governments are not going to buy anything that they can reasonably attempt to steal from us.  So in that regard, each of us has a responsibility to take meaningful attempts at protecting both privacy and fungibility so that they do not rob us from our bitcoins in any kind of meaningful or systematic way
I agree with this but on the flip side, if Governments dont buy up Bitcoin then they can end up severely behind if other countries decided to do so.

All it will take is one country to decide that they are going to buy up all the bitcoin they possibly can, and just inflate their own currency to no end to accumulate Bitcoin.

Well, surely game theory suggests that countries will begin to do this at some point.  It is just a matter of when and likely to be on the downlow.

Secretly buying up as many bitcoin as feasible and buying ALL of the bitcoin are two vastly differing scenarios.

This will force other countries to do the same.

Of course.  Game theory suggests this is quite likely to happen.  It's just a matter of when (and likely also a matter of bitcoin not breaking).

Now the first country to do it will be holding a lot of Bitcoin which will be a real threat to any other country who isn't accumulating Bitcoin. This first country could also then sell its Bitcoin to the other countries for their currency and could potentially enrich themselves by holding both Bitcoin and other fiat at a gain.

Agreed.  All likely to happen.

This is why you must hold on for dear life, pat yourself on the back that you are investing in this perceived "risky" asset when the rest of the world is scared to do so.

Oh yeah, for sure.  We are all likely way the fuck early to the game and we have been accumulating at relatively low prices, and that is part of the reason why there is NO real need for any of us to engage in irresponsible behavior by attempting to act too greedy and to put our own lil selfies in financial difficulties because we have over-leveraged into bitcoin. 

In other words, bitcoin seems to remain to be such an asymmetrical bet that none of us have to kill our lil selfies in the way that we invest in order to profit stupendously on a personal level from our having had invested in bitcoin and continue to invest in bitcoin at whatever level is feasible and prudent for ourselves.  In other words, mere normal, prudent and perhaps slightly aggressive (without gambling too much) levels of investment into bitcoin will likely pay off with considerable riches.

We are so lucky, Bitcoin is the endgame for all value, it is the black hole; fiat currencies have no chance against it and fiat will only be bitcoin rocket fuel. The more fiat that gets printed, the higher Bitcoin will continue to go.

No argument or elaboration from me there, except just acknowledging:  Well said.   Wink
I truly believe we will reach a point where ALL governments in the world will be printing off endless amounts of fiat in order to buy as much Bitcoin.......but guess what? at that point we will all know that Fiat is 100% dead (dead as in it will be a never ending hyper inflation, and all of the people of the world will finally realize that Fiat is just something that loses value, while Bitcoin will just gain value as more fiat is printed) and no one will be selling their Bitcoin for Fiat, it would be beyond stupid because the Bitcoin you sell for Fiat, might lost half of its value the next day if the government decided to print (Digitally print) off trillions more, which will push Bitcoin up to millions of dollars (5-50 million dollars). Perhaps A zillion dollar marketcap, and no im not saying this because I am delusional, I just think Bitcoin is the black hole and governments will end up printing off trillions upon trillions to get more Bitcoin, but people are not going to convert back, and of course at this point being a millionaire wont be anything special.

I would say at this point, if you hold at least .2 Bitcoin for the rest of your life, you will be living an easy life. Keep in mind to, when this does go down, governments useless fiat wont be able to pay anyone to go pursue people who have Bitcoin. No police officer, or government worker is going to want to get paid in fiat, they will want Bitcoin, which the government wont have enough of to even hold things together let alone go after Bitcoin HODLers (Arrest, confiscate, etc).

It didn't happen with gold, it won't happen with BTC.   Governments might buy a chunk of BTC, but they won't create out of control fiat inflation to do so.
6  Economy / Gambling / Re: ⭐ Crypto-Games.net ⭐ 5 Years Old! ⭐ 4 Billionth Dice bet celebration!⭐ on: October 29, 2019, 07:14:55 AM
I think the risk in a long outage like this is people will just go elsewhere.   Bankroll investing is already risky on a day to day basis, coupled with lower play volume might not be good for those of us that have funds there.   
...

If you choose to leave however, go ahead and do so.
It's gonna benefit all remaining investors by increasing their share of the profits made.

Pointing out a risk isn't the same as deciding to leave.  Besides pulling my investments wouldn't amount to much gain for anyone else, there are a lot of coins in the bankrolls.
7  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 29, 2019, 12:57:46 AM
China says they want to use "blockchain" to build the world's ultimate social credit score, cashless society slavery system dystopia and of course shitcoiners in this thread somehow think that's good news and that they've made the right choice in supporting imaginary, valueless, digital slavery systems instead of physical metals.  Meanwhile, the kikes in the US are attempting to force people to get implanted with blockchain based, dystopian, mark of the beast chips straight out of the bible:

https://www.zerohedge.com/health/big-brother-meets-big-pharma-harvesting-biometrics-everyone

Both China and the kikes can go fuck themselves because like every other sane person on the planet I'll be using physical metals instead and refusing to touch any of this bullshit.

Well I can go swimming with all my BTC, try to do that with all your metal.   Actually you might succeed because you are probably only worth a few grams of gold.   If you had any real wealth we wouldn't be hearing much from you.
8  Economy / Gambling / Re: ⭐ Crypto-Games.net ⭐ 5 Years Old! ⭐ 4 Billionth Dice bet celebration!⭐ on: October 27, 2019, 02:52:16 AM
If this is attack then can you give update about investments and funds are safe because now I am feeling some bad about my investment ?
A DDoS attack does not put your funds at any additional risk, nor are the majority of bankroll funds stored in wallets that are connected to the live servers currently under DDoS.

I think the risk in a long outage like this is people will just go elsewhere.   Bankroll investing is already risky on a day to day basis, coupled with lower play volume might not be good for those of us that have funds there.   
9  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 26, 2019, 11:11:27 PM
My writings can be misread especially when I write after a few drinks on a Saturday

I would be drinking too if my life savings was stored in imaginary, valueless timestamps.

The value of silver and gold is also imaginary.   Pretty much true for all forms of money unless you can eat it or at least use it to clean yourself!
10  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 26, 2019, 01:20:40 AM
So many pants have been peed in ... smells bad!
11  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 15, 2019, 01:06:49 AM
Had a lovely talk with a chap in a supermarket who said his doctor had told him to go keto. Is there any scientific research on the keto diet?



He said this was for his week's food, not yet finished, but he gets his steaks from a proper butcher.

So much processed meats!  I don't think that is keto at all, more like a typical American diet.  

EDIT: Getting into ketosis is easy, just don't eat for a few days.   It is a natural thing that happens where the body switches over to burning stored fats.   Just don't do it too long, because once the stored fats get too low the body has to turn to burning proteins which leads to death in a few weeks.  So most of us should stop eating for more than six or seven months. 
12  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 08, 2019, 02:35:55 AM
great! it sounds like a not so easy system for real pros. but what the hell do you mean with SOMA. I just asked before but probably you didn't read it.

Sorry Gyrsur, didn't notice. It's an inside game for WO-ers...

Straight Outta My Ass.

Meaning, I'm not that good at TA - mainly because I don't put a lot of faith in it.  I do have hunches, but they're wrong half of the time. So I plan for both scenarios. If I smell storms, I chicken out. When I think there's a decent chance to make a little profit one way or another, I put my big toe in the water. If it feels OK, I get knee deep. And so on. I never denied it does take a little work. What matters with me is that I can do it with a cool, detached head, without impulse "recovery" trades that would drag me in the abyss. Admittedly, cool comes easier once you manage to sit on a profit buffer AND you only stake all games with the same fixed amount, stashing away the excess into cold storage, with some sensible schedule you find works for you.

I'm pretty sure TA is short for SOMA.
13  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 07, 2019, 06:37:58 AM
https://www.independent.co.uk/news/science/biological-clock-ageing-turn-back-reverse-study-new-a9094261.html

Science is just scratching the surface on the inevitable defeat of father time. Immortal Bitcoiners will transcend the human aging process and hodl forever as nocoiners and shitcoiners wither away into dust due to lack of funds.

 

It sounds about as reliable as saying bitcoin has no value because it isn't tied to gold.  
14  Economy / Service Discussion / Re: HASHNEST Discussion and Support Thread on: September 07, 2019, 05:01:08 AM
When will the exchange open for the U6 open?
Thanks! Haven't had any issues with the website, it is a blast to trade on.

Hihi, it will open as soon as the batch 1 of U6 starts mining, which has been delayed for now. According to StrongU, they will begin dispatching of the miners in mid-Sept, so we are expecting the market/trading to open around this period. Stay tuned!

We love feedbacks, so please feel free to share with us.

If the U6 is purchased now, is it still a 60 day delay before it starts mining as stated on the order page?
Or will it start mining and be available to trade once the U6 market opens?

I'm also interested in the anwser of PeaMine's question  Wink

My experience with the new Hashnest is that they always take the full lead time up to the nearest minute.   I've made 4 different buys with them and every one of them came on line exactly to the minute of the lead time ending.   My guess is when the equipment is setup ahead of time, they are mining for themselves until the purchase lead time has expired.
15  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 07, 2019, 04:57:02 AM

Not cool bro, we have a mixed bag of posters here from young to old. Every age group loves and enjoy nudity here, but there is a limit to everything. Please respect that boundary and don't turn this thread into a porn site.

Some might be okay with this, but many will not because you are a new poster. You already got a red tag for BCH's post which I don't agree, but you are not helping your case either.

PS : Not bashing you just letting you know.


Hmmm, seems like there are quite a few posters here that treat this thread like a porn site.   Anyway I've seen far worse from cows as they are overall pretty stupid.  Anyone that is sexually stimulated by pictures of cows has a whole different issue.   Can we get back to Bitcoin now or has that been banned on this thread?
16  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2019, 09:11:19 AM
Mining on earth (metals) is already controlled by governments.  If you want to take over the bitcoin network it would be very expensive.  

Gold on the other hand will have its value wiped out with one not so large rock moved into orbit around the earth.   The age of metals being a store of value is almost over.    

Another scumbag Dyask post full of bullshit lies as usual.  ...

So I'm a scumbag because I can think for myself rather than follow your babble?     About time you start learning a bit about what is going on.   The prize is too great, it is just a matter of time before a corporation makes trillions from mining in space and totally changes the value of metals on earth.   When gold is as common as iron is today what do you think the value will be?

Even going back over the last 50 years, gold and silver have been rotten investments.   Basically holding those metals is hoping for an end of the world type event.   You'll be lucky if that happens and you are alive.  More likely you'll be dead.   Still a rotten investment!  

Since fiat currency is no longer tied to gold ... money is nothing but numbers.  Pretty much the same as Bitcoin.   I think bitcoin has a lot better chance of having value decades down the road as compared to gold.
17  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2019, 05:20:45 AM
Dear Bitcoin,

Please stop acting like a bullshit.
When I put you to bed last night you were above 10,000.
I needed you to stay there as I made the decision not to convert you to cash that I need for today.
Then you fell out of the crib, and its gonna cost me about a thousand pesos that I could have really used.
If you could once again go above 10k in the next couple hours that would be just great.
Thanks,

Bye.

If you needed the money so quickly you shouldn't had it in Bitcoin.   Hope you learned something here.
18  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2019, 09:01:21 PM

Huh?  So you are trying to say altcoins have all the growth potential and Bitcoin is headed for an early grave? 

i am a mountainbiker. bitcoin and shitcoins are NOT on the same bike. eventhough i like the idea of this meme, while btc might as well be on a bike, alts are ants trying to cross a 1 mile wide scotch tape.

My point is there is a lot of ways to take that image and many of them aren't positive for Bitcoin.   
19  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2019, 08:59:19 PM
Buy bitcoin

The Japanese rendition of the story how a single man defeated an army of digital shitcoin scammers and became the richest man in the world with physical silver:

https://www.youtube.com/watch?v=3rUb5dLO7-I

Well silver has turned out to be a pretty crappy investment.   When adjusted for inflation it is worth less now than its value 50 years ago.   Way less.   Not a hedge at all.   (Silver is about 1/8th the value now as it was in 1979)
20  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2019, 08:48:52 PM

Huh?  So you are trying to say altcoins have all the growth potential and Bitcoin is headed for an early grave? 
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 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 ... 88 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!