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301  Other / Beginners & Help / Re: Hi, New here on: November 02, 2015, 04:35:08 AM
hi graphicx

welcome to here . You need to learn, read and read and read .You must be read  Grin and also you have to be careful with some issues

Reading all you can here will help you frame your questions and get a more specific answer from fellow forum members.

Good luck with your future gambling!
302  Other / Beginners & Help / Re: DriveWealth Online Brokerage[First Post] on: November 02, 2015, 04:30:15 AM
Hello, noob here. I was looking for some ways of investing bitcoins, and came across this website: www.drivewealth.com
In theory you can buy stocks with your account. The only down side is that it requires some sort of identification, and my passport was enough.
Before putting some bitcoins into it, do you guys think it is too risky? Looks to me as a legit investment.

According to their website Drive Wealth has nothing to do with Bitcoin...why would we want to work with them? How is this different from more reputable investment advisors?
303  Bitcoin / Bitcoin Discussion / Re: Bitcoin CEO spent stolen funds to Buy Sex on: November 02, 2015, 04:28:12 AM
This is just ridiculous. How can a person fuck up this much?

I posted a comment earlier saying he deserves more time in prison without even knowing this, now I hope he really does get more time.

At least now he won't need to use btc to pay for sex.

Are you serious? You hope he gets more time because he went to a prostitute? That's fucked up!

What he spent the money on is irrelevant. It has no bearing on the fraud that he did or didn't commit.

By your rationale he should be in jail less time if he used the stolen money to buy a home for his house or food for the homeless!
304  Other / Off-topic / Re: Review My App on: November 01, 2015, 04:41:46 PM
Hmmm...strange link from someone who has zero history on this Forum? I don't think I should click on this yet...

Here's an idea, why don't you give us more detail about your app, i.e., what is it? who's your audience? does it cost us money? Share some screenshots. Then, maybe then we'll decided to check it out through your link.

As it stands, you're inviting us to upload a virus that'll steal our piles of bitcoin!
305  Other / Beginners & Help / Re: How to get Bitcoins in under an hour on: November 01, 2015, 04:39:08 PM
If you plan to post more tutorials like this, consider making a thread that serves as a directory for all of them.

Cheers!
306  Bitcoin / Bitcoin Discussion / Re: Is it completely legal in the US to buy BTC on one exchange and sell on another? on: November 01, 2015, 04:51:02 AM
Yes, completely legal.

Any information provided in this post, while likely blanketed in brilliance, should not be interpreted as legal, financial, or tax advice. Please consult a legal, financial, or tax advisor to gain expert advice. To be graced with the brilliance that comes from the smartest possum on the planet, please continue to consult this Form.
307  Alternate cryptocurrencies / Mining (Altcoins) / Re: a question about blackcoin pos on: October 30, 2015, 11:17:14 PM
Think about how you can get your electricity for a lower cost...solar? something  else?
308  Other / Beginners & Help / Re: Introduction on: October 30, 2015, 03:34:20 PM
One major misconception  is  that bitcoin offers some new opportunity to invest in high yield investment products...it doesn't.  In the context of investment products, bitcoin is merely a different currency to use as a means of transferring  currency into an  investment product.

Now, bitcoin can be invested in with the hopes that it increases in value, quickly, but it's not an investment product.

Things to avoid: ANY advertisement stating you can earn a return at a higher yield than is already available in the market is a ponzi scheme.
309  Other / Beginners & Help / Re: $1000000 valuation challenge - can you help? on: October 29, 2015, 08:11:51 PM
Tell the people to just use a qr code and get on with life.

So you mean - tell people to use bitcoin banks like Coinbase?

How does one recover their bitcoin wallet QR code if it has been lost?
310  Other / Beginners & Help / Re: $1000000 valuation challenge - can you help? on: October 29, 2015, 08:10:32 PM
And if you do succeed at getting 100 respondants, you should consider offering a small payment  for involvement.

Good idea, I was thinking about that, too — but don't you think it will skew the results towards people with the least amount of Bitcoin? (they would be more likely to chase a small payment) Whereas their unrecoverable passwords for Bitcoin wallets will probably be not important enough.

Personally, I don't think it would. But factually, it may.  Here's what you can do. Screen people for their participation and make  "personal  BTC holdings"  a question in that screening. Or if people experienced with unrecoverable passwords is your target for surveys you may consider screening based on length of time using bitcoin (veterans vs. newbies), or transaction volume, or wallet volume.
311  Other / Beginners & Help / Re: $1000000 valuation challenge - can you help? on: October 29, 2015, 05:07:36 PM
Possum577, thanks for advice! Is that OK to simply repost the topic, or should I ask the moderators to move the thread?

You can repost it (exactly as it is written here) in the other board and then delete this thread.
312  Other / Beginners & Help / Re: $1000000 valuation challenge - can you help? on: October 29, 2015, 05:07:05 PM
BTW, I'd be happy to discuss it with you, but only via email.

And if you do succeed at getting 100 respondants (and then earn the $5,000 investment costs) you should consider offering a small payment  for involvement. Paying each person BTC0.1 for their interview (i.e., ~$3) would be enough to get interest and leave you only spending $300 of your funds on gaining the research - make payment contingent on getting the 100 respondents.
313  Other / Beginners & Help / Re: $1000000 valuation challenge - can you help? on: October 29, 2015, 05:03:39 PM
Sounds like a good idea and a lot of people here may be willing to help.

I'd suggest posting this on one of the other boards - Bitcoin, Mining, or Economics.

Most of the people that come to the Beginner's board are beginners/newbies, and therefore may not have much or any experience dealing with the "unrecoverable password" element of using bitcoin.

Also, would you be willing to post your results to the forum so the community may learn from what you've researched?

Good luck!
314  Economy / Economics / Re: Why people dump their Bitcoins ? on: October 29, 2015, 04:47:52 AM
Who's dumping their bitcoin? The price has been rising steadily for a few months now.
315  Economy / Speculation / Re: Bitcoin surpassed $300 USD. on: October 29, 2015, 04:46:34 AM
The bitcoin price is not going to overpass 320 USD in the end of this year,
the temporary increase value is most probably due to some big whale enter the market
now due to low confidence in the banking system now,
when FED announced the increase of interest rate,
it means that economy is returning to a positive growth state.
more probably the big whale will return their temporay cash into banking system.

I will advise people not to wait the price to increase anymore, it will be steady(around 290-320) until end of 11.

Your opinion is great, but the fact is nonsense. It's unlikely that a "whale" is driving up prices due to the Fed announcement. First, the Fed announcement to raise rates has been anticipated for over a year so the effects on the market are essentially priced in. It indicates positive growth in the market, which would not instigate a flight to bitcoin.

What's more likely happening is people buying into bitcoin because the price has been stable and people continue to see the value in the currency. Slow and steady is a great way for this thing to grow...
316  Economy / Economics / Re: America's new debt ceiling - $19,600,000,000,000 on: October 29, 2015, 03:32:14 AM
Brilliant, thank you!

So 33.9% of the debt is owned to foreign entities, which is $6.64 Trillion. This number is significantly more manageable for the government to pay off if everyone comes calling to collect. The US people don't have that authority (unfortunately) because technically they authorized all the spending that leads to the remaining 66%...am I wrong?


317  Economy / Economics / Re: Why has the world agreed that an ounce of gold is worth 50 U.S. dollars? on: October 29, 2015, 03:20:46 AM
The world hasn't agreed on those prices.

An ounce of gold is trading at $1,160...this is what the world has agreed upon as the price.

An ounce of silver is trading at $16...this is what the world has agreed upon as the price.

The reason on how the markets arrive at these prices is simple and complicated...simply, this is where the cross between supply and demand meet. But why supply and demand meets at that level is a bit harder to reason through, there's a lot of speculation.

50 dollars for an ounce of gold? Where can I buy gold that cheap?

More importantly - answer this guys question and let us both know! Thanks!
318  Other / Beginners & Help / Re: Newbie needs training.. on: October 26, 2015, 09:27:56 PM
My question, what is mining and what makes it different from faucets?

Smiley from profitably point of view, both are same.

sorry, but I couldn't resist.

Finally, one new constructive comment after 4 or 5 repeated comments from people who don't bother to read the thread!

Since it takes so much money and effort to create a faucet site or a mining operation, I wonder which one might be more profitable (should someone have the resources to do it effectively).
319  Other / Beginners & Help / Re: What is the safest way to store Bitcoins? on: October 23, 2015, 09:00:38 PM
Other than physical wallets

Check out this link, it talks about the safety of wallets and provides comparison: https://bitcoin.org/en/choose-your-wallet
320  Economy / Services / Re: [OPEN] [HIGHEST PAY] COINUT.COM ★ Signature Campaign ★ Pay per post ★ Weekly ★ on: October 23, 2015, 08:59:38 PM
Hi guys, please give me positive trusts. I will appreciate.

If your payments are on time the trust will come. If the payments are late the trust will not come. No one  likes to wonder and  worry if they're  going  to get paid.
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