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1  Economy / Services / Re: [WANTED] Playtesters for Online Boardgame on: March 06, 2014, 02:33:01 PM
Waiting list <--------------
2  Economy / Services / Re: You can earn ~9 cents USD/forum post (Newbies and Jr members also welcome) on: March 06, 2014, 02:16:18 PM
I may be interested. What is the website we would be posting at?
3  Economy / Gambling / Re: ***NEW*** River Boat Bitcoin Casino ***3/5/2014**** on: March 06, 2014, 02:02:54 PM
Looks good! Will give it a try
4  Economy / Economics / Re: nearly $700,000,000.00 USD moved in 24 hours on: March 06, 2014, 08:54:37 AM
Sorry I went on a shopping spree
5  Economy / Economics / Re: Bitcoin Units Proposal on: March 06, 2014, 08:51:47 AM
I completely agree and many do/did speak in mbtc.  it has been discussed many times.  I think we should do a "stock split" by just calling btc what is today 1/1000 of a coin.  because 21 million is too small for a worldwide currency and perception is important.   nobody is the proud owner of .002 coin.

6  Economy / Speculation / Re: Down, down, down, down, down on: March 06, 2014, 08:43:31 AM
$40k per coin is BS and the $40 per coin is also BS.


Both numbers have less than 5% probability of happening.
Realistically, 2-3k is possible in 2014, 5k if very lucky.

The problem with bitcoin is, that it follows no standard normal distribution as of now. Many fat-tail events/outcomes make a lot of noise. So it is very difficult to pin probabilities to certain outcomes.

This is not a problem, but a natural course of events. Any asset in the free market tends to concentrate in the strong hands in the end, who are less likely to panic sell, which results in less volatility. That is why we see higher volatility percentage wise in the initial stages of an asset trading, and lower and lower volatility as the asset matures. That's exactly what is happening to bitcoin, and that's why it's getting easier to predict the future.

Of course, black swan events (sha256 broken?) cannot be predicted, but FUD is a normal thing in markets and strong hands don't tend to panic sell when they hear/read FUD, whereas weak hands do panic sell, that's why assets go to strong hands who understand and follow fundamentals of an asset, and no even distribution is ever possible. If you took all bitcoins in circulation and distributed them equally among all the population, after a year or two you would see about the same distribution as now, only less than 5% of traders or wanna-be-traders do not become net losers. So forget about even distribution, it never existed in the history of mankind for anything and never will.

Another great thing about bitcoin, making it easier to predict the future is that it cannot be sold naked short (yet?). Any commodity can be sold short because traders cannot easily take delivery. Bitcoin doesn't suffer from this issue, which makes it about the only true free market left in the world economy. True free market is very hard to manipulate, because you can only sell as many items of asset as you actually own, you cannot sell what you don't own. In any other commodity you can sell what you don't own, and if you have a lot of cash (blns), you can easily manipulate the market by trading on leverage. In bitcoin you'd first have to buy those bitcoins and possess them to be able to sell them. In other words, these actions are trackable through price charts and future price action can be predicted more or less. Enjoy the only true free market of crypto currencies on the planet while it lasts, it may not be forever.

Well said
7  Alternate cryptocurrencies / Altcoin Discussion / Re: request for the community on: March 06, 2014, 08:18:42 AM
8  Economy / Games and rounds / Re: ★☆★ ♠ GET 100 FREE BTC ♠ INSTANT PLAY ♠ on: March 06, 2014, 05:55:44 AM

9  Economy / Gambling / Re: mBit Casino | Get Your Free Bankroll! 24/7 Live Dealers, 100+ Games, Licensed on: March 06, 2014, 05:07:29 AM
Wow you sent them 5 BTC?

They sent 5BTC to themselves. Internal output.

He said it was sent to you?

To my casino deposit address.

Right and that is almost $4,000 that doesn't belong to you. He even offered you some as a courtesy. Please do not rip them off and send that back to them!
10  Economy / Gambling / Re: Looking for casinos on: March 06, 2014, 05:04:30 AM
All of the ones mentioned so far are decent.
11  Economy / Gambling / Re: New dice game on: March 06, 2014, 04:05:51 AM
Looks good!
12  Economy / Gambling / Re: mBit Casino | Get Your Free Bankroll! 24/7 Live Dealers, 100+ Games, Licensed on: March 06, 2014, 04:02:08 AM
Wow you sent them 5 BTC?

They sent 5BTC to themselves. Internal output.

He said it was sent to you?
13  Other / Archival / Re: Scam and Fraud on: March 06, 2014, 04:00:11 AM
In standard hi/low games, duplicate cards are losses.  That's where the house edge (should) come in.

Unless you are playing war
14  Other / Archival / Re: Scam and Fraud on: March 06, 2014, 03:33:52 AM
I am confused?
15  Economy / Gambling / Re: mBit Casino | Get Your Free Bankroll! 24/7 Live Dealers, 100+ Games, Licensed on: March 06, 2014, 03:28:25 AM
Wow you sent them 5 BTC?
16  Economy / Gambling / Re: | Largest Bitcoin Poker Site | No Banking | Fast Cashouts on: March 06, 2014, 02:54:07 AM
Trevor Cappallo
978 448 2826

This is Ender's real life name / contact information. This has been verified by multiple people (ask around.. it'll check out). Though the phone # information is from a while ago so I have no clue if that's still valid.

So if he takes anyone's coins or anyone's unhappy with him.. you know where to look

17  Economy / Auctions / Re: domain for sale on: March 06, 2014, 02:33:20 AM
I will be watching this
18  Economy / Auctions / Re: WTS: 2012 McLaren MP4-12C 3.8L 616HP Supercar on: March 06, 2014, 02:29:40 AM
I'm tired of assholes who wastes their money on the disgusting misogynistic car culture instead of doing something useful with their money. Go pick up a copy of any car magazine and there is, I guarantee, a scantily clad woman being objectified in one of the pages.

Wow, really nice stereotyping you're doing there.  You have no fucking idea what this guy does with his money and there aren't any scantily clad women in the photographs above.  Why are you even looking at this auction?

Anyway, best of luck @OP.  I hope you get more than $150k because of people like lm2f.  And I hope the winner posts a hot bikini babe leaning against the car while he (since it HAS to be a man who would dare to buy this) has his feet resting on a footstool covered by the luxurious skin of small animals and is burning a stack of $100's.


Sick car tho
19  Economy / Services / Re: Professional alibi and excuse service. on: March 06, 2014, 02:24:35 AM
There are two rich guys in Japan who need you

20  Economy / Services / Re: Travel consultant for BTC on: March 06, 2014, 02:23:05 AM
Why would some random guy plan my whole journey?

Travel agent was a popular job before Al Gore invented the net.  Cheesy

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