hi!
i am looking to make a bitcoin related website to earn some bitcoins.I really don't want to make dice or exchange.I have considered a bitcoin bomberman game,but i am not totally sure that will he get the attentions of users? will people play it? also its not handy.
do you know anything better than that? as i said i am not really interested in making dice or exchange.Please tell me something different that will gain maximum bitcoin users.

Bitcoin might be doing poorly, but for the currency's online proponents, it's always time to buy. Here's the reason behind their optimism.

Last weekend, Bitcoin crashed. The dollar value of a single Bitcoin began to decline on electronic markets starting on Friday and by Sunday afternoon had fallen 14%, to $290.

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It recovered a bit in the days that followed, but the slide appears to part of a broader trend: At the Thursday price of about $350, the digital currency has lost almost 70% of its value since its all-time high of $1,147 in December 2013. At the New York Times, Paul Krugman used the roller coaster weekend as an occasion to once again call Bitcoin a long con.

But among the Bitcoin faithful, the sun never stopped shining. On Reddit’s Bitcoin discussion board, for example, home to almost 140,000 enthusiasts of the electronic currency, the price drop was framed as good news. “The good old days are back! Massive walls, manipulation and a true financial wild west – I love it” chirped one of Monday’s most popular posts.

“Who else is enjoying the firesale?” asked another popular participant who claimed to be “picking up tons of cheap bit coin.”

How to explain the eternal optimism? Is it possible that Bitcoin’s most dedicated fans are simply more tuned in to the currency’s long-term potential than the broader market and therefore have a more favorable view of its true value?

Sure, it’s possible — but Meir Statman, a professor at Santa Clara University specializing in behavioral finance, has a more plausible explanation for the findings: Confirmation bias. In short, he says, Bitcoin communities tend to be echo chambers of optimism, giving their members a false impression of the currency’s true value. “What you hear, really, is what you want to hear; what is easy for you to believe: That bitcoin is going to take over and banks are a thing of the past,” explains Statman. “And when you have people who reinforce it, people are not looking for the truth, they are looking for views that are going to support their prior beliefs driven by ideology and self interest and so-on.”

This explanation would seem to be supported by a recent study of Bitcoin users by researchers at the University of Illinois, who found that those who participated in online Bitcoin communities were far more bullish about the currency’s future price than other Bitcoin holders. When asked about the long term value of Bitcoin (which the survey defined as the coin’s price in early 2019), users who talked about Bitcoin on various online platforms produced estimates 68% higher than those who did not.

Of course, that’s not a phenomenon unique to Bitcoin or online forums. “There is a similar finding about communities where people describe their investment success more generally, because people tend to brag about their success and not brag about their losses” the professor warns. “If you are not careful, all you hear is that people are making tons of money.”

Statman suggests yet another psychological explanation for the behavior of the Bitcoin community, noting that many people who invest in Bitcoin — and other alternative assets like gold — do so in part because it fits their broader global outlook and ideology. “It is fair to say that lots of the people who invest in gold invest in a view of the world: That the United States is going down, bad things are going to happen, inflation is going to rise,” Statman says.

That makes hard truths particularly difficult to accept, he says. After all, divesting from a stock is easy. Divesting from a world view, well, that’s a lot more painful.

Statman advises investors of all types to avoid confirmation bias and “ideological” investing by talking to people with different perspectives. For example, he jokes, Bitcoin buyers should have asked his opinion of the currency before last weekend. His take: “I think it’s a scam.”

After being contacted by Bitcoin advocates, Statman clarified his position to MONEY. “My initial thought when I heard about Bitcoin from my students is that is a scam. I know now that the technology of Bitcoin might prove useful but I am puzzled by the rush to it.”

SOURCE: http://time.com/money/3479199/why-bitcoin-fans-dont-believe-in-bad-news/

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The bitcoin bubble has burst. This was wholly predictable, and the market fallout is now dramatic. In the past two months alone the cryptocurrency’s price in dollars has fallen about 44 per cent, according to coinbase.com. Having peaked last year at about $1,150, it was this week trading just below $330.
Playing the market now would be a bad idea. As there are still bitcoin backers happy to predict that the price could hit $10,000 within three years, the moment of capitulation has not yet arrived. And, in any case, its price is still about 160 per cent higher than it was two years ago; there is room to fall far further.
Proponents of bitcoin still talk in broadly messianic terms about its revolutionary potential. Its detractors denounce the idea as a Ponzi scheme or a “con”.

It is best to ignore this virulent debate, accept that cryptocurrencies will not displace banks or governments, and instead look at the plethora of possibilities that the venture capital industry is now exploring to use the technology platform at the heart of bitcoin.
The essential breakthrough of bitcoin is to allow two people to exchange money directly with each other, without the need of an intermediary, and to do it wholly digitally.
Before bitcoin, this was only possible in the physical world, with cash. As the payments system remains expensive and clumsy, there is a good chance that bitcoin technology could help.
Certainly Silicon Valley is betting that it will. According to the tally kept by coindesk, a total of $317m has been invested in bitcoin start-ups since 2012. The flow of money is accelerating, with $224m arriving this year. According to coindesk, there is greater venture capital activity in bitcoin this year than there was in the internet in 1995. The level of excitement is certainly comparable.
What are these start-ups doing? Typically they offer “wallets” to make it easier to hold bitcoin, and to make payments with it. There are even start-ups trying to introduce bitcoin to Africa.
They tend to share a philosophy that bitcoin is like “the internet before Netscape” to use the words of Jeremy Allaire, the founder of Circle, a start-up that enables users to pay each other using bitcoin over mobile phones. A currency protocol exists, but nobody has yet worked out how to make it easily usable. Therefore venture capital is flowing towards companies that make it easier to use bitcoin, in the hope that they are modern day versions of Netscape.
The issue these venture capitalists face is whether bitcoin has become “a solution in search of a problem”, as the laser was called in the early years after its invention. Bitcoin requires powerful computers. Few understand it. Are these start-ups trying to find a way to make the technology useful when something simpler would suffice?

Two of banking’s greatest problems are to make transactions viable for the poor who cannot afford to open an account, and to cut the fees for foreign exchange.
In east Africa, a service called m-Pesa, which allows the unbanked to exchange money with each other over conventional mobile phones, has sent shockwaves through the industry. In forex, services such as the UK’s TransferWise are using standard social networking to try to deal with foreign exchange. In this context, deploying bitcoin looks a little like taking a sledgehammer to smash a walnut.
It is more promising to look at the uses of the “blockchain” ledger that keeps account of bitcoin transactions. Richard Gendal Brown, who covers financial innovation for IBM, points out that developers have shown how different coloured coins, or even shares in different companies, could be issued and transacted over the same blockchain.
That is a way off. But if it were to happen, it could revolutionise the back office of banks and securities companies. Banks themselves seem excited by this.
Rather than arguing over bitcoin as a currency, the key questions for those raising money to invest in this technology are growing clearer. Can it save money? And what problem is it aiming to solve?
On this rather prosaic basis, even after the bubble, bitcoin might yet prove revolutionary. But the entrepreneurs must first come up with good answers to these questions.

SOURCE: http://www.ft.com/cms/s/0/4bba096c-4e37-11e4-bfda-00144feab7de.html#axzz3Fe7rCwfF

Hi!
As the title says who are the high rollers of the primedice3 in the forum?
Share you highest bet and also the result you won or loss?
How many bets you have made so far?
How many bets you make in day?

Make a separate website for chat it should open in new window.

I want to work in PD

Tell me which bitcoin related website I have to make in order to get some bitcoin on constant basis.Website must be unique and creative,It should be low cost to make that website.I am not really interested in making dice,exchange and forum website.
Please tell me which website I have to make?

Hi,
I am expert in Marketing Manager.I can promote your business or website.I will manage social media pages,forums,different platforms and advertising.I will drive traffic through these sources.I would like to be get paid in bitcoins.
If you are interested in hiring me for your business then PM me

can i be the MOD?

I made 0.005 BTC from 1 referral on PD3 affiliate

The price of bitcoin may be on the decline, but that hasn't stopped bitcoin startups from attracting significant funding.

Blockchain, the most popular Bitcoin wallet service, announced Tuesday that it has raised $30.5 million in a Series A round, marking one of the largest funding rounds of any bitcoin startup to date.

The bitcoin startup was founded three years ago, but had never taken outside investment. Even so, it managed to build up a user base of more than 2 million wallets.

"As we thought about the next five years for our users and for the company, we knew it was time to bring on additional resources," Blockchain's three cofounders wrote in a blog post announcing the funding. "We searched long and hard for the right investors to bring onto the team to help us scale, to advise us and work with us to bring bitcoin to the next 20 million people."

The funding was led by Lightspeed Venture Partners and Wicklow Capital.

Blockchain was part of the early wave of bitcoin startups that launched before the virtual currency gained mainstream attention and were forced to bootstrap for years. Now investors are increasingly betting on startups in the space: Circle has raised more than $25 million, and Coinbase and BitPay have each raised more than $30 million.

The Blockchain funding comes on the heels of a long slump in bitcoin prices. Bitcoin prices peaked at more than $1,100 late last year, but earlier this month fell below the $300 mark.

SOURCE: http://mashable.com/2014/10/07/blockchain-bitcoin-funding/

Bitcoin wallet and data analytics provider Blockchain raised a little over $30 million from venture capital investors, the biggest single funding round yet for a digital-currency firm and a sign that Silicon Valley remains excited about bitcoin’s prospects even as its price has fallen far from its highs of last year.

The investment was led by Lightspeed Venture Partners and Wicklow Capital, with contributions from others, including Virgin Group Chairman Richard Branson and Mosaic Ventures.

Blockchain President Peter Smith said the company intends in part to use the funds to ramp up its marketing effort to a broader community of customers beyond the bitcoin enthusiasts who have so far signed up in for its digital wallet. With 2.3 million unique wallet owners, Blockchain’s service for sending and receiving bitcoin is now the most widely used in the world.

“We have captured a lot of the low-hanging fruit in terms of users and it is time to start going after people who are going to use bitcoin not because it’s interesting to them but because it’s useful,” Mr. Smith said.

He said there is special interest in expanding outside the U.S., including in developing markets, where the company has seen steady growth this year. Emerging markets are seen as one of the key growth areas for bitcoin because the digital currency, which is managed by a software algorithm over a decentralized network of computers and isn't controlled by any government or centralized authority, could allow billions of people currently excluded from banking systems to directly send and receive money electronically. That could lower the cost of commerce for such people, which have had to rely on expensive remittance services, wire transfers and other money transmitters to shift funds remotely.

London-based Blockchain’s wallet service differs from others in the bitcoin industry, including from its primary competitor Coinbase and newcomers Circle and Xapo, in that it doesn’t allow people to purchase or sell bitcoin for fiat currency.

Mr. Smith argued that his firm has broken away from Coinbase in terms of wallet expansion over the past year because it isn’t as negatively affected by the declining price, which is down almost 75% from its peak in late November last year.

“When people open a Blockchain wallet, they do so because they want to do something with bitcoin, not because they want to speculate on the price,” Mr. Smith said.

San Francisco-based Coinbase wasn't immediately available for comment.

Also unlike its competitors, Blockchain has stuck to the principle that control of bitcoins—which are managed by passwords known as the private key—must be held personally by the wallet owner rather than in the custody of the firm.

Blockchain’s funding announcement coincides with a $3 million fundraise announcement Tuesday for New York-based SolidX, which provides bitcoin derivatives trading facilities to professional investors such as hedge funds, and generally caps a strong year for venture capital in the digital currency.

Whereas there is significant skepticism as to whether bitcoin can live up to its promise to revolutionize payments, Silicon Valley investors have poured money into the sector. As of mid-2014, there had been $200 million raised in the preceding 12 months, according to a survey by bitcoin news service Coindesk.

Some of the bigger amounts have gone to wallet providers, with Coinbase raising a total of $25 million over the past year, Xapo $40 million and Circle $26 million. Blockchain, which earns much of its revenue from advertising, has been an outlier, opting instead to grow organically. The company pays its employees in bitcoin and manages much of its expenses in the digital currency

SOURCE: http://online.wsj.com/articles/blockchain-lands-biggest-ever-venture-funding-round-in-bitcoin-industry-1412687156

The price of Bitcoin dropped almost 20% over the weekend, hitting a low of $290 before rebounding.

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Bitcoin enthusiasts had a scare this weekend, as the price of the currency plummeted from $356 on Saturday to a low of $290 on Sunday—a drop of more than 18%, percent according to CoinDesk’s Bitcoin Price Index. The virtual currency has since rebounded to a price of roughly $330 at press time Monday, down about 13% over the last seven days.

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Despite the price drop, Reddit’s r/Bitcoin, a popular gathering place for the currency’s supporters, was largely optimistic. “Who else is enjoying the firesale? Who else is picking up tons of cheap bitcoin?” asked one poster. But not everyone was confident that the price would recover. The New York Times quoted one worried user asking fellow Bitcoin fans for support. “As the price is going down, some of us are under immense psychological stress,” the post read. “Please share how you cope with it.”

Sunday’s crash was hardly Bitcoin’s first price panic, or even its most significant drop. In 2013, the currency lost almost 40% of its value between December 4 and December 7, when the price dropped from its all-time high of $1,147 to $694 in less than a week. After partially regaining those losses, Bitcoin fell 40% again from December 15 to 18, going from $879 to $522. Since the beginning of this year, Bitcoin’s price has been relatively more stable, but the descent has continued. From January through October 6 of this year, the currency has lost more than 40% of its value.

Exactly why the price cratered is subject to debate. Some have cited upcoming regulations, such as those proposed by New York’s Department of Financial Services, that will curtail the free-wheeling nature of the currency. Others have suggested that Bitcoin’s recent increase in popularity among retailers may have actually hurt its value. Paul Vigna at the Wall Street Journal theorized that because more merchants are using a service that instantly converts Bitcoin payments into dollars, all those Bitcoin sales may be driving down the price. However, as Vigna notes, such a long-term trend can’t directly explain this weekend’s sudden crash.

Bitcoin detractors have used this latest price fluctuation as a chance to take something of a victory lap. On Sunday, Paul Krugman, a longtime cryptocurrency critic, likened Bitcoin to a number of get-rich-quick schemes, from Glenn Beck’s “buy gold” ads to direct mail scams. “Bitcoin may be sold as a technical marvel, and it does indeed solve an interesting information problem,” acknowledged Krugman, but “it’s not at all clear whether solving that problem has any economic value.”

Other Bitcoin watchers say the hiccups may only be temporary. Rafael Corrales, a partner at Charles River Ventures, argued in the Times that recent Bitcoin price fluctuations are the result of its “transition stage” between between speculative vehicle and actual currency: “When Bitcoin becomes a currency, it realizes its potential.”

SOURCE:http://time.com/money/3474838/bitcoin-price-crash/

How to convert points to btc? I have Co founder member

Apple & Bitcoin?

Isn’t that amazing that as different as we are (or think we are), we all know that gold is more than the metal that has good conductivity and can be used to fill tooth cavities? The fairytales about the pirate treasures that we were told as children seem to have opened backdoors allowing the yellow shining thing to sneak into our subconsciousness. As we grew, brainwashing persisted, usually taking the form of occasional news of discovery of 17th century Spanish vessels loaded up with treasures or the cinematic portrayal of ancient princesses and queens in their bright customs. “…bury a crock of gold”, said Sebastian in Evelyn Waugh’s novel, “when I was old and ugly and miserable, I could come back and dig it up and remember.” The message is subtle but unmistakable: Gold preserves value and beauty better than our human biology.

Our attachment to gold runs so deep that in the 20st century, when the gold standard was abolished, many people had a hard time to reconcile with the fiat reality. Some vented their anger and frustration on the Federal Reserve and its monetary policies, which is only understandable: For millenniums, gold was the best answer that we found in our quest for a perpetual and universal vessel to store value. Who knows if the Austrian Economics is just a veiled version of the ancient gold-worshipping superstition? But still it is a powerful superstition nevertheless. It transcends all races and nationalities and even Apple  , know for its intransigency, had to succumb to the popular demand by producing gold-colorer iPhones, which is just another testament to gold’s ageless charm.

Successful or not, Bitcoin was designed with gold in mind. It is obvious that the digital currency was intended to be a digital simulation of gold. The mechanism that new coins were generated is called “mining”. It is purported to have infinite divisibility and fixed supply, whether you accept such claims at their face value is another matter. And those advocates would like to have you believe that Bitcoin is similar but superior to gold – it is weightless and instantly transferable – confirmation sometimes can be a little slower than instant though. But no matter how technologically advanced Bitcoin or the other digital currencies are, they don’t have the appeal of the old good gold in one respect: Let’s face it, we human beings are visual beings. Shape, texture and color mean much more to us than we can possibly grasp. That is perhaps the reason why people never got tired of physical bitcoins – metal coins with bitcoin private keys engraved on them.

While the most fervent believer of Bitcoin will probably sneer at the idea of trading their coins for “the barbarian relic”, now there is one more way allowing you to do exactly that. Melotic, a all-cryptocurrnecy exchange (note: it doesn’t take fiat deposit, whether it is out of ideological reason or not is unclear), just announced that it had partnered with DigitalTangible to offer a service allowing “investors to move value from physical gold holdings to bitcoin, which can then be stored or traded”. Who will use this service? If you are a gold believer (I didn’t use the phrase “gold bug” because it implies disapproval that I don’t have), but have yet been ready to make the plunge from analogue to digital, or doubt that Bitcoin is the ultimate answe, maybe you want to dabble a little before making a more informed judgement. Or if you are a Bitcoin traitor who decided to divest either because you are bored, disenchanted, nostalgic, or simply anticipating the price decline to continue and looking for ways to hedge, it seems that Melotic is just the place for you as well.

SOURCE: http://www.forbes.com/sites/ericxlmu/2014/10/05/melotic-makes-gold-and-bitcoin-more-interchangeable/