So what's the general consensus of what should be the average miners fee?  Usually I set mine at around $.01-$.10 worth, just depends on the amount of bitcoins I'm sending and really would like it to confirm fast.  So what amount does everyone else here use? I'm just curious.

Trying this out for the first time, lets see how this works!

Also I would like to use this transaction for the giveaway #02

Thanks!

https://blockchain.info/tx/6848c9592358283117ae7912e04aac78875d156d512f3516c068e03a996f2289

Greenbay 21 v. Kansas 17

I don't know, prices for bitcoin are steadily staying around that $230-$225 mark, but prices are regardless still volatile... and not a very stable form of payment just yet with the block halving issue around the corner.  Once the drama is removed and the price of bitcoin hits a very stable price, then I would have to agree with you 100%

The best part about this app is that once you sign up, they give you 70,000 points to start with and allow you to post whether a commodity, price index, etc. will go up or down.... Once the week starts you can place a bet wherever and say if you choose that it will drastically go up, you can set it and literally never check it again until friday or whenever the market closes.  It's an easy way to make some bitcoin if you have a knack of knowing what's going to happen in the markets.

That's not a very good way to promote bitcoin in general and help get mass adoption going.  If businesses are taking the full leap into bitcoin to start trying to implement them in sales and potentially pay employees in bitcoin, there are going to be tons of questions like this one by businesses.  Just to say, "This is what it is, if you don't like it, bye felicia" isn't going to work... we will need to calmly explain everything.

Now going back to OP's concerns, did you feel like you advertise it as much as you needed to on this forum?  Advertising is key, especially on here... there are multiple ways to do this, but I would suggest getting creative.  Think of a way to promote your business to bitcoiners in a very "outside of the box" type of mind set... people on here tend to love that kind of thinking.

That's a very good point, businesses wouldn't want to transact in a currency that has economical distress concerns and political issues... Example A: Greece.

Once everyone in the core community knows what the hell is going on in terms of block size and other issues, we can all just move forward and progress as a community.

I still don't see the argument being a valid one, when one says, "hey if my coins won't be accepted any where, let's just mix them with a bunch of other coins so they won't be SO bad."  It's like putting gold into a cement mixer, where shit is dumped on top... over the course of time what's going to come out is shit covered gold, which no one will want to accept before you wash it off.

It would help if you were a big time miner and minted your own fresh coins, where you develop some kind of way to mix your own coins with your brand new ones... other than that particular instance, I don't see mixers or stuff of the like being very helpful.

I honestly think though for this to happen and before people will want to spend bitcoins over the counter for goods and services, people will need to be paid in bitcoins at their everyday job (and not just over exchange sites and forums like here for instance).  It'll be a serious case of "what's first: the chicken or the egg" type of scenario, but it'll be cool if all that were to happen. I think it will seriously help businesses in the long run track all the spending and resources they use, not to mention how much it will help government keep track of taxing.  Though, the big question remains if government will allow fiat to flop.

Agreed, it is not all about luck.. regardless you do need some in order to be presented with an awesome opportunity, or be lucky when proposing an idea to investors that they will see the opportunity and help you create your idea.

It is one thing to be lucky, but it is another to actually take action on the luck that has presented it's self.  Hard work pays dividends too, but it's a combination of all those factors that makes any successful businessman successful in the first place.  Look at Trump for instance (OHHHH GOD, here we go)... he wasn't born into wealth, but he was definitely a hard worker who ran into some luck with investing and building his franchise.  Now you can't go a day without someone saying something about him; about whatever thing he said to offend women/immigrants/etc. 

I see your point, but there are actually other sides of the argument that makes sense too.  Take for example, if some wealthy person took all the money out from their banks (lets say 1 million $) and stored it into a safe for safe keeping, this wouldn't necessarily mean that the dollar would lose it's value because someone with a lot of money hoarded away their money.

It's a very complicated issue, with multiple theories of what could or couldn't be right; but in actuality there is no set scheme in economics that if "A" happens, this is going to cause "B" to happen... this regards to bitcoin and bitcoin prices as well... It will definitely be interesting though to see how this all plays out in the long run though.

That's what some of the arguments are about right now on the forum though, is that some businesses have the potential to control the prices of bitcoin, due to the fact that most of the mining and minting of new fresh bitcoins are done by mining corporations that are specifically there for the reason to mine bitcoins and bitcoins alone. 

Now to say that this won't make people necessarily "want" to buy bitcoins or create any type of higher demand for it, but for mining businesses to take up that much hashing power and to essentially take out the "small" miner out of the equation, there poses the question if bitcoin is actually decentralized now and days.

Honestly, there is an easier way to keep track of btc prices rather than doing this (also a potential way of making some btc in the process as well).  I'm not sure if it's well known on this forum or not, but the app "spark profit" allows you to keep track of a handful of currencies, currency exchange rates, and commodities (including bitcoin).  How it works is a handful of big time investors put in money for a weekly pot (right now around $3,200) and people earn and invest "points" to gain more points, which will then enable them to potentially win for that week.  You can "cash out" once you hit $30.00 worth winnings, and you can choose the ability to get paid in bitcoin.

To get back to the bitcoin ticker thing, they have a live ticker on there that keeps track of the current btcusd rates, as well as all the other commodities/currencies they offer.

I don't think he was trying to say that it is inevitable for bitcoin's price to be deflated because of the halving... He's just saying that bitcoins price won't necessarily sky rocket like some people think that it will due to a shortage of supply... all in all though that was a pretty good article, thanks for sharing.

Done, so are you announcing the winners on this thread or will the winners be announced on the bitcasino website?  Very much hope I win!

But if the banks start using blockchain technology and start implementing it to be able to easily transfer fiat money on a global scale with low fees just like how bitcoin is doing right now... wouldn't bitcoin just die in your own opinion?  To me this is the biggest potential killer for bitcoin right now, because fiat has obviously been here a lot longer than bitcoin has, and if it just takes the technology that makes bitcoin so popular for payment systems... then fiat will forever remain the dominant force for payment.

Yep, it's really going to hurt the currency in general if bitpay is still around for much longer, and/or other companies will start doing this too.  This will eventually lead to everyone currently trading/selling/loaning/mixing bitcoins to be stuck with some fraction of a tainted coin where everyone can't be able to do business at all, unless you are a big time miner who mints fresh coins himself and keeps them to himself.

I don't necessarily agree with you prediction that if bitcoin fails (which I highly doubt will happen any time soon), that other altcoins won't be able to make it because every coin "copies" bitcoin infrastructure.  There are a probably 3 or so good candidates that show a good new infrastructure that doesn't just copy bitcoins exact technology.  And personally, I believe that these coins (or coins that will be developed in the near future) can/will hold around the same purchasing power as bitcoin... they will just offer different people different capabilities in how they want their cryptos to function.

But it's always interesting to see the people who DO actually end up winning the big jackpot on a scratch off or powerball type of lottery ticket.  Where I live it's always funny to see the new person who won, which would either be some hillbilly redneck, a homeless man, or some kid who just turned 18 and decided "what the hell, I'll try it out"...

If you guys have a website that lists the winners of lottery ticket in your area, I would highly recommend checking it out for just a second.  To me it's hilarious, and at the same time, it always seems to go to the best person with the most dire situation of why they need the money.  Funny how random things work out for some people.

If I remember correctly, wasn't there a site that has just been recently released that allows the gambler to be the "house" and the house be the "gambler"?  Or did I just dream that? If not I would think that this would be a very interesting dice game site idea for the next dev to create.