I don't feel any pity for him, just disgust.
He doesn't understand the mathematics of emergence from chaos.
Bitcoin will eventually fix itself. I have as much faith in Bitcoin as I do in mathematics.
While I don't really have that much of an opinion now about the situation with Hearn, because I can see it both ways; I see a problem with your ideology that Bitcoin will just eventually "fix itself". You can't leave a code that has obviously been giving devs, miners, and users trouble stagnant... you just can't. You have to fix it; that's just like saying that, "Oh, the foundation in my house has cracks, has termites, etc; but that's ok, because I believe my house will fix itself eventually. I believe in my house as much as I do with engineering." |
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China has got a immense sector of shadow banks. No one knows how large it really is. Probably there are some minor crashes in this shadow bank system what could lead to a big crash what will affect the whole world.
Just curious because I don't really know... what exactly are China's supposed "shadow banks", and how are they affecting the markets as of right now? ote author=DeathProxyX link=topic=1325119.msg13529859#msg13529859 date=1452622378] Will china act is a spark in the crash of 2016 and Brent crude is below the 2008 crisis price and expected to go to $15-$25? What are your views is it just some corrections in the market or things are going to get worse?
Brent is down only for damage Russia. Brent suold be near 50$ No my friend I completely disagree with you, crude is down because of the clash of Iran and Dubai due to nuclear deals and stuff and its been less than 36 hrs that all the major investments banks have said that they are bearish on crude oil, and this would prove to be true in the coming US oil inventory report in couple of days. [/quote] Yeah, this has been going on for sometime now... I really haven't read much into it that much, but I remember reading somewhere the OPEC was over producing oil just to make ends meet/businesses to stay afloat. Now, it's truly biting everyone in OPEC in the ass. But I'm wondering how can they survive now when the price of the barrel is more expensive than the oil itself? Doesn't seem like a very favorable trade for any of the OPEC members..  |
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no it will not because hopefully "government" is not a singleentity, so if the usa gov want to stop it that's fine, they will only stop it there, in euro it keep going and in many other country also
also you can not really expect to stop something that can be easily used on any computer...
This is a good point, it seems that the government doesn't really understand that you can't really "shut down" bitcoin; that's just like saying you can "shut down" just a part of the internet, which obviously wouldn't work. I remember my uncle who was a broker for Morgan said the same thing... and I think we all know that major governments would give it the old college try, especially if the USD, Euro, Yen, etc. becomes worthless paper (which is already basically is) and they are trying to "correct" the mess (maybe with some other weird inflation tactic which essentially kicks the can down the road). The thing we all have to remember, is that the Central Banks are a small group of very wealthy and powerful people that has every nations army at their side (pretty much). So to say that they won't do something to try to keep the power is an understatement to the max. |
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I just registered (as 'shorena') and somehow the mail does not show up, not even when I let it resend. Well it showed up once, it was tagged by google as spam, so I removed the spam label and now its gone. Any ideas if this can be fixed? If not I guess I will need to use a different username and mail address.
Hi shorena, LuckyBtcCasino is actually away until the 17th so thats why there will be no reply. I personally have no idea how it can be fixed other than creating a new account and using a different email provider like you suggested. Sorry could not be more help Hey ZengryT, so I've decided I wanted to go ahead and sign up on the site to try out a few games... but I was wondering if everything has been fixed and will be able to sign up or not? I've strolled around the site briefly a couple of times and thought the site looked really nice, but I haven't had much time to browse around and actually bet some on there because I've been so busy with work. Please let me know if the site is running 100% and I'll go ahead and through some coin on there to take a couple spins at the roulette table  |
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Well, I mean... I just read a couple threads down that this guy had essentially called bitcoin a "technology that could change the world" https://www.washingtonpost.com/news/innovations/wp/2015/12/28/2015-was-a-tipping-point-for-six-technologies-which-will-change-the-world/I think this guy is holding bitcoin and causing FUD to get cheap coins. I think he is trying to capitalize on the revelations that Hearn supposedly "dumped" his coins, and trying to make the price collapse even further, so he can essentially accumulate cheap coins... maybe because he thinks that it will shoot up in price during the halving season. Idk, I think this guy is obviously as "stupid" and "greedy" than anyone else I've seen on here. |
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Bitcoin as of now is certainly not going to get out of the hundreds section. I would be so much happier if that were the case, only because this way, we can find a way to control the rising and growing. For example, when it goes low its time to buy. When it's high, its time to sell. If Bitcoin just skyrockets to 400 million dollars one day and just keeps growing, it'll be hard for newcomers to adopt.
There is no real way of finding a way to "control" the growth of bitcoin. In that case, Bitcoin would have to be regulated which is not good... at least in my mind it's not. To have bitcoin "regulated" is saying that we essentially want the Central Banking system, but just with our new nerd toy. Bitcoin is awesome not because it can be transferred anywhere in the world instantaneously (and assuming you can wait a little bit for confirmations), but rather that it is not necessarily controlled by anyone. This is actually up for debate, because now we are having a problem with mining centralization, regardless if no one wants to talk about it or disregard it. Also, if Bitcoin were to be worth a stupid figure like 400 mil, then there has obviously been an economic collapse of all fiat system and the world economy is in ruins. There will be no need to "cash out" into fiat, because you would essentially be cashing out for shit paper that can't buy anything. |
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There was no pick for today? Seems 4 in a row so far. Looking for juicy #5.  If I'm not mistaken, I think all of the games tonight are live right now... so there is no chance for him to make a bet today, I think... Maybe he's just sitting this one out and waiting for a better tomorrow? Idk about you, but I was planning on following his picks with a .013 bet myself... I mean why not, amm'iright? |
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Texas holdem but its not gambling if you know what your doing That is not true. Texas holdem is gambling regardless of how much skill 'you think you have' there is always a time you will need luck to win a mtt or leave with a large cash from cash games. You would be right to say you have more control over the game than others mentioned. It is also used to be my favorite type of gambling as you do have more control but poker for money is gambling. This is true... I knew someone who was a pretty good friend of my brother's from college, and he started out playing texas hold'em online when it was still legal (in the U.S.). He got insanely good and knew how to bluff right, but the fact of the matter is is that he just had a knack for getting some lucky river cards at the last minute. I even remember him saying that in his mind the game is 20% skill and 80% luck... I mean he plays professionally now for christ sake, so I think he knows what he's talking about. The thing is, is that it's more surprising that he knew how to play bluffs and all of that when facing a mere computer screen. It's a lot easier, I think, if you are playing someone face to face and can get a sense of when the other guy is bluffing by certain nervous twitches he does... |
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Honestly, I see it as a pretty big deal IMO. The fact of the matter is, is that the community is continually dividing and devs can't pick a road to go down. Honestly, it would be nice for all the devs to come on the forum for like a week or two to do a AMA or just take questions and honestly listen to people whether they are big time miners or just regular people who use Bitcoin. If we all sit down and lay out the pros and cons together I think we can start getting toward a consensus. The reason why this will never happen though is because devs like to think themselves as people who can out think anyone, and opinions from people on here or anywhere else (even the other devs) don't matter, because their opinion or philosophy of how bitcoin should work is right no matter what in their eyes... |
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Notice the article never actually decides on just why Bitcoin is dead. It throws out a random and sometimes incoherent list of attacks on bitcoin, and demands readers accept that conclusion. (The comment about the People's Army controlling bitcoin is just precious - something that is about as sensible as the Washington Post publishing an article seriously claiming that flying monkeys were massing to invade Iran. I'd like to see the author try to defend whatever it was he was thinking on that point.)
I love how they claim bitcoin is dead because it faces growing challenges. But why can't it survive indefinitely as a kind of digital gold (accepting the low transaction limit)? And do they not understand that a core strength of bitcoin is that it is software, able to be redesigned and updated as needed?
The "civil war" is not a problem but a virtue of bitcoin - it shows that people are closely studying proposed changes and arguing it out to ensure that we end up with the best possible result. That's better than a less contentious method that allows errors to be enacted and maintained (ala central bank decisions).
Yeah, I read this article earlier today... and they seemed to make a bunch of claims about bitcoin, which they assume to be FACT without a reasonable doubt. They try to give viewers a sense of what Bitcoin is, and basically says that it is an anonymous coin that is only used by criminals on the dark web. This has been the main argument against bitcoin ever sense Silk Road gained traction. But the reality of it should be the opposite. I mean sure, people use it all the time on the dark web for drugs and illegal activities... but to say that this coin is a completely anonymous and criminal "ponzi scheme" is really a rush to judgement from the author. It's not even anonymous, but more a public ledger that everyone can track every coin since the birth of bitcoin. I just wish some author from a major news site would take the time to research bitcoin before making false claims and give an unbiased story about bitcoin, whether it shows the true flaws and true potentials... but of course that isn't going to happen for a long time, because main news outlets gain viewers by giving very biased opinions on controversial matters. |
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Obviously there is a large concern over the block size, and it should be dealt with. But, the real problem comes from a majority of people on here not caring about the fundamental of bitcoin, and what it looks like "under the hood". A very large majority have gotten into bitcoin because of the hopes of striking it rich, and merely just want to speculate on a price of something that is looking to have major flaws within the next couple years if something isn't done.
That isn't to say that devs aren't trying to get things sorted out. The main problem is that the devs have some pretty opposite views of how Bitcoin should function... you could say this is starting to resemble government, and if the congress, house, and president can't all get along, you'll start seeing that the nation can't function. There needs to be some voting system put in place, but this is pretty hard when starting from scratch.
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You know, usually I see these threads pop up and think "Oh yeah right..." but your actually pulling them off! Good for you!
Maybe as of right now, you should think about putting them on a parlay and getting better odds, plus you don't have to wait day by day... mehh.. idk, keep doing what you're doing.
BTW just curious, what site are you going off of? I didn't see where you were betting in the OP.
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go to poloniex, which only charged you 0.2% for the trading and 0.0001BTC for btc withdrawal. Very quick!
Yeah this is a pretty sure fire way to get the altcoins you get from faucets back into bitcoin... but the issue (or better yet, hassle) is having to sign up for the exchange and having to provide an email and all that sort of stuff. You can easily use Shapeshift.io to transfer your coins back into bitcoin as easily as it is to convert bitcoin into the altcoin of your choosing. Just make sure to give the correct address so they can send back the coins if the transaction doesn't fully complete, but that's just being really safe in your transaction... usually it goes through very smoothly. |
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It's always super convenient if you don't want to sign up for anything and just use shapeshift.io ... But other than that I really like using poloneix and actually it's got a nice mobile friendly interface now online, which is always an added bonus.
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Man, I wish I'd known in 2009 what I know now. Isn't that always the way? I think I may have heard of bitcoin not long after then, but my memory is a bit hazy from that period lol.
But hindsight is 20/20 of course, so that's why I'm buying now. There was another thread here about Warren Buffett and bitcoin, and it'd be great if someone like him did in fact endorse bitcoin. The price would likely skyrocket. News definitely seems to affect the price dramatically.
I mean, that's always how it is though. Everyone who had time travel would end up being rich in this stand point, but we know that will never happen so might as well not waste our time thinking about it. Now I don't think people like Warren Buffett will be fully endorsing Bitcoin anytime soon, so I think for the sake of the thread, I think it would be beneficial for everyone to share entrepreneurial ideas and trading ideas... Fact of the matter is we probably will never see Bitcoin in the sub $1 area in our lifetime, so we need to work for our wealth and not just day dream about buying a bunch of Bitcoin in 2009. I'm currently in a rut, because I have been trying to think of my own skills I can offer to earn Bitcoin, but I don't have good web programming skills that can compete with people on here... So it's pretty tough thinking of good ideas. I feel that once you find your nitch that you can only fill, then I think that's the way you can become "rich". |
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We have already added a ton of extra sports and leagues to BetBTC. (Horse-Racing still incoming) Positive Feedback keeps coming on our topic like the deposits, freebet requests and liquidity. Features like instant deposits, live chat support, API betting, anonymous betting and more were released. We are operating for more than 1 year. Our C- rating on this topic keeps unchanged  The only thing holding you back is liquidity. It's checked often. There will be some upgrades/downgrades in the next couple of weeks. 1 more month have passed, our rank is the unchanged C- Don't know what to say more, the evidence is everywhere, you should visit our site, topic, or search for "betbtc" anywhere at least once. http://www.bitedge.co/bitcoin-sportsbook-reviews/betbtc-review/I like BetBTC. The site is looks great, is user friendly and the hold is low. Here are a couple of reasons why BetBTC isn't being upgraded at this time. BetBTC offers ML betting in the NFL. Other books offer ML, sread, totals, alt. spreads, alt totals, HT betting and prop betting. BetBTC offers 1x2 betting in soccer. Other books have totals, half time, corners and other prop betting. BetBTC offers 6 different soccer leagues. Other books may offer more than 50 leagues. Right now Nitrogen has a 6 BTC limit on Iran soccer u23. The limit is much higher in major soccer markets. In the NFL Nitrogen's max bet is 30 BTC right now and will be 100 BTC on game day. BetBTC has a total of 10 different sporting events listed. Others may offer cycling, handball, golf to name a few that BetBTC isn't offering. It's not that BetBTC is a bad book, it's that the books rated above BetBTC are very good. Ok so I think I got it now, slightly 90% of the rating weight is based on 2 factors: the sport/league offer and betting liquidity volumes; all the rest ( Instant Payments, Anonymous Betting, User vs User Betting, Clean Site Navigation and Menus, etc...) accounts for the little rest of the rating. (luckily we have the c-) I am sorry but we will definitely unsubscribe from this topic since this rating criteria makes absolutely no sense. You seem to not understand that we are a betting exchange and having more sports and events will only spread the liquidity even more. We are expanding the offer for some months already but that must be made progressively and not from one day to another. If any user wants to address us something here, pm us the post directly. Thanks What advantages do you have over Nitrogen, the top rated book here? Can you see the difference between A+ and C-? A, A-, B+, B, B-, C+ and C What advantages over Nitrogen (A+), Betcoinsports (B+), Jetwin (B+), Bitcoinrush (B), Anonibet (C+), Cloudbet (C+), DirectBet (C+)? All books rated B- and above are instant and anonymous. Jetwin only requires KYC for bonuses. Always been kind of curious about this.. But where do these sites get their spreads? Vegas? Also, how quickly does the site update their spreads? Because when betting on sports, it gets to a point where spreads are changing pretty rapidly due to last minute betting and finalized injury reports. |
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If there is a demand from local customers paying in BTC, the merchants will accept Bitcoin as soon as possible. The problem is we don't have local Bitcoin community! How could we encourage them to accept it? The firs thing we should do is to encourage more ppl adopt Bitcoin before encouraging local businesses!
This is very true... And when people in your local area start to adopt and store some of their wealth into Bitcoin, you should go to a business and just casually talk to them about Bitcoin. Maybe say, "Man, someone was just ranting and raving the other day about Bitcoin to me the other day, seems like everyone has... Has anyone talked to you about it yet?"... Or that kind of thing. Makes you seem more less annoying by just shoving info down their face right away. Plus if you start talking more about it I would just be like, "yeah, I would think if someone like your self started accepting Bitcoin for payments, I think you could gain an edge against your competitors." Businesses always want to have some sort of edge against any type of competition. The hardest part of this whole thing though is to actually get local people interested in Bitcoin enough to purchase some themselves, rather than getting the businesses in on the action. |
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50% Bitcoins and 50% Gold
how about fiat currency ? are you not interesting with fiat currency ? i think better to dividing the percentage like this 40% bitcoin 30% fiat 30% gold don't forget to support your country Well it's not just to "support your country"... Rather, it's just to get by. You still have to pay bills, eat food, etc. so having all your value in those two "assets" are not really feasible, because we are still not able to purchase food or pay bills with Bitcoin or gold... Unless, you decide to get one of those asset backed debit cards where someone else will hold your gold and Bitcoin, then when you decide to purchase whatever out in the real world it would just take out the USD value of what you put in. |
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I wouldn't spend much, if any. Just the odd thing or two. Save as much as you can. A treat or two may not be bad if you keep those oddities
on the lower end of the price range. I mine altcoins and save the btc I get from selling those to keep and collect. Now I have 33.40 CAD for
Canadian fiat worth. That is something for me. I found this out just now. I couldn't be happier.
I totally agree with this. I feel like if you are just starting out collecting your Bitcoin stash and don't have much coins to spare, I wouldn't be gambling it away on something like dice, however, gambling on sports every now and then is ok, or maybe the occasional poker tourney if the buy in is low enough. But, I think the wisest thing to do if you want to actually "buy" something with your bitcoins is to head over to the collectables section of the forum and save up to buy some physical coins or maybe some other cool collectable item. That way it's kind of a win/win situation if Bitcoin does go higher in price, you can keep at least your usd value of the coin and probably make some money/Bitcoin if you want to sell it later on in life. |
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http://www.nytimes.com/2016/01/17/business/dealbook/the-bitcoin-believer-who-gave-up.htmlThe start-up in New York where he has taken a job, R3, is developing Bitcoin-like networks for banks to enable cheaper and faster ways to trade assets of all sorts. Basically, Mike Hearn quit Bitcoin to join the banksters. And also he sold all of his BTC, what a joke... Why not invest some in an alt coin at least? If you like the idea behind Bitcoin but you don't like the block size why not use an alt coin instead? There should be plenty to choose from. He doesn't seem to be that interested in the ideas behind Bitcoin. Ahh ok, I'm starting to see why people are so upset about all of this... I honestly didn't know that he was planning on developing a blockchain program for banks to use. Also, you have a point that it doesn't really make sense to not go ahead and invest in other alts, or just simply create his own that incorporates all of his beliefs of what Bitcoin should be. He probably got bought out by the banks for an amount that he simply couldn't refuse. But at the same time, can you really blame him for leaving a community in general that has been that hostile to him? I mean I can empathize with that, personally. |
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