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341
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Economy / Speculation / Re: Predict the price for January 1, 2017
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on: January 02, 2016, 05:52:10 PM
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2346,35 USD
We will have an insane pump during the halving, obliterating the latest ATH. People will think it will stop sooner than it will stop, so a lot of people will lose a lot of people trying to short. Those that do hold, will end up victorious, with measly gains, and still holding their BTC intact.
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342
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Economy / Speculation / Re: $400 will not survive the weekend
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on: January 02, 2016, 05:40:43 PM
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Yeah it's all looking very grim. Let's hope we don't fall below $320 the first week of January already.
Are you serious? No one with a brain thinks it's going to crash at 320 by the first week of January, the general trend is nowhere but UP. Op only has 24 hours left to admit he was wrong and next week we'll nowhere near 320 but higher. |
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343
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Economy / Gambling / Re: Dragons.tl: Manhandle a Cow and Earn 8.8 Bitcoin
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on: January 02, 2016, 05:38:05 PM
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Is there a demo mode with this? I would like to see what this is really about in action but I don't want to risk any BTC, and I still want to see this in a web browser rather than downloading a client which is very annoying.
No there isn't any demo mode, but you can get some free bitcoins from soldiers or water(you must ask your mentor in order to receive the water) to try out some of the games. And do you know if the developers are going to do this kind of game on web browser? I don't know what engine this uses, but with something like Unity you can easily implement HD 3d graphics integrated in the web browser, so you don't need to download some client. |
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344
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Bitcoin / Bitcoin Discussion / Re: What is a PGP signature and why is it important?
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on: January 02, 2016, 05:36:54 PM
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As a new user of Bitcoin, you don't really need a PGP signature, unless you really need to prove your unique identity in a anonymous way, for example, for some sort of trade between 2 parties (and always use a escrow for this). Other than that, it's not really needed. You'll know when you need it once you understand what it does.
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345
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Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin better that fiat?
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on: January 02, 2016, 05:31:56 PM
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Fiat doesn't let you be responsable of your own moeny which means it has a lot of implicit tradeoffs. With Bitcoin for the first time in human history you can be your own bank. This is just too big to deal with for some people, they just don't get what this really means.
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346
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Bitcoin / Bitcoin Discussion / Re: Small News From China
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on: January 02, 2016, 04:59:11 PM
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Some small news from China There is fiat btc exchange service Uphold.Working globaly.Integrated with Chinise Union Pay.There is possible to exchange btc with Yuan,pound,dollar and Euro both way
Send and receive btc on email and even pay or receive btc for work
Maybe small news,but previously China has baned Union Pay.
I think sooner or later china will fully ban Bitcoin because the goverment will get pissed off at smart people finding a workaround for their capital control policies, but this will only drive the price higher as seen by other attempts to ban it. |
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347
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Bitcoin / Bitcoin Discussion / Re: Can we just stop with the block size panic crap?
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on: January 02, 2016, 04:57:33 PM
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i think there can be a fair balance of bitcoin and fiat. without one or the other fighting.. but thats just me
Currently bitcoin perfectly cover the biggest shortcoming of fiat money that it can not be used as a long term saving medium, due to all the inflative monetary policy from central banks The inflative monetary policy will never change because that's how central banks drive the economy. If they stopped printing money then the whole economy will drop into recession I think bitcoin should focus on those things that fiat money CAN NOT do, not those things fiat money already do Yep, the biggest selling point for Bitcoin is the fact that i's a true alternative to the imposed-by-the-state economy, if we lose node centralization we lose this special feature of being detached from the same old powers. |
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348
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Economy / Gambling / Re: Dragons.tl: Manhandle a Cow and Earn 8.8 Bitcoin
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on: January 01, 2016, 01:07:10 PM
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Is there a demo mode with this? I would like to see what this is really about in action but I don't want to risk any BTC, and I still want to see this in a web browser rather than downloading a client which is very annoying.
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349
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Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy
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on: January 01, 2016, 01:06:04 PM
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If Bitcoins fell below USD 100, the 'trust' on Bitcoins will fall, which will make it hard to retain the interest in the coin - and this would lead to an even weaker rate of exchange.
No, that's not right... Bitcoin fell from $1.2k to $120 and came back to $200 and stayed above $250 stable for many months, did everyone left Bitcoins at that time??? No, then why do you think price will affect the reputation of Bitcoins??? Price has a strong psychological value. When it crashes I remember the headlines were all negative in the mainstream press. Now that the price is going up again suddendly Bitcoin is looking great. The mainstream press is too stupid to see anything beyond price. |
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350
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Bitcoin / Bitcoin Discussion / Re: What feature and/or change would like to see in Bitcoin?
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on: January 01, 2016, 01:04:08 PM
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Assume every change can be done and feature added without any drama like with recent block size, and that it would not require hard-fork (even if it would).
As one can guess based on my signature, I would like to see more privacy features added to bitcoin. Also shorter confirmation time (e.g. 2 min) would be good.
What about you?
More privacy as well. Confidential transactions which I hope Gmaxwell is still working on because I haven't seen him around in ages thanks to the big block trolls, and integrated mixing with only a click like a built-in coinjoin in the main wallet. |
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351
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Bitcoin / Bitcoin Discussion / Re: BLOCKSTREAM Appreciation Thread
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on: January 01, 2016, 12:59:25 PM
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I appreciate anyone coming up with new ideas for Bitcoin. Hope to hear many new suggestions and ideas from Blockstream over the next 12 months.
I've got news for you.... you've gotten all you are going to get. The Core Dev Team is a failed sham. They've given you their solution.... Lightening Network/Liquid/Blockstream. Period. Under no circumstances will there be any meaningful discussion that includes raising the block size, making it intelligently scalable based on growth. This way they protect what is important to them.... THEIR CONTROL OVER THEIR ECONOMIC BUSINESS MODEL. Keyword above is "business". They have a HUGE conflict of interest in that they are making decisions based on what is good for their business model. The biggest SCAM in the entire Bitcoin System is Blockstreams whole "Us vs the Fiat System" headfake. Blockstream is positioning itself to be the "New Fiat Central Authority". Seriously, if Bitcoin were to eventually grow to its potential and become the global currency - do you really want this group of special interest frauds to have total control? I can't believe I am going to say this, It makes me want to VOMIT that I am getting ready to suggest that everyone read Mike Hearn's November letter on this subject. As much as I hate the current XT release, and think Mike is totally untrustworthy as well, he has totally nailed it in this letter in regards to Blockstream and Core Dev. https://medium.com/block-chain/on-block-sizes-e047bc9f830#.raipo96xw <<READ!Everybody that really doesn't know anything about this should read it. Because it is the truth. And this is NOT my support for current XT - but I will say it again, if the Core Dev can't eliminate the biased, conflicted interest comitters - then XT or a Fedcoin may very well surface to effectively kill the current Bitcoin Core. Leadership is needed fast. Nice FUD. Bitcoin will never scale to global levels without a layer like Lightning Network, only a clueless delusional person would argue otherwise at this point. So what have they done to scale Bitcoin? searched for solutions, and Lightning Network is way more useful than this post which contributes nothing new but crying for bigger blocks (as if that solves anything long term). Even BIP101 shows how it would take decades to reach the current VISA ts/ps volume in like 2030 which is is absolutely stupid since by then VISA would improve too. LN is the only way we can scale to massive levels, unless you can prove otherwise you are wasting everyone's time. The blocksize will be raised when needed, and soon we'll have it at like 2MB or something which is enough to give them more time to work on LN. The only truth here is you need to study more (assuming you don't have an agenda). |
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352
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Bitcoin / Bitcoin Discussion / Re: Rare address hall of fame
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on: January 01, 2016, 12:40:50 PM
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I wonder if there is a market for rare addresses? Maybe people is interested in owning the control of certain addresses even they are empty, just for the brand. Like someone registers a name you want in twitter for your business, and you buy it from him/her because you interested in that particular name. Same for addresses.
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353
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Bitcoin / Bitcoin Discussion / Re: My Thoughts on the Bitcoin Foundation
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on: January 01, 2016, 12:34:26 PM
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They should get legit people like Andreas and Trace Mayers, but then again, those people are former members of the foundation, which ultimately makes it impossible that they would come back again, so you would need to find new talent, and then make all the money movements that go in and out of the foundation transparent int the blockchain.
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354
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Other / Off-topic / Re: 2016, The Year of Bitcoin?
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on: January 01, 2016, 12:32:19 PM
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We going back to 500 which is a superb way to start the year, people said we would be under 400 again by January 1 (by people I mean the fudster that are always lurking this forum).
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355
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Economy / Gambling / Re: Dragons.tl: Manhandle a Cow and Earn 8.8 Bitcoin
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on: December 29, 2015, 04:18:47 PM
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Wow, I didn't knew this type of game already existed. I saw the Battlecoin game but not this. I think they should make it web-based, I can't honestly be bothered to try this out of I have to download a client, looks fun tho.
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356
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Economy / Gambling discussion / Re: Everyone looses in the long run
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on: December 29, 2015, 04:14:40 PM
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Let's be honest. Gambling should only be considered for entertainment purposes only. If you are in need of quick cash, doing hard dirty work is more often than not better than hitting up the casino sites. I see way too many people in this section try to justify their gambling habits by saying they have strategies to always win. Others on this forum will go as far as to say that they are professional gamblers, and they always win. You're fooling no one and you look stupid.
All the gambling addicts I knew in real life who claimed to win from casinos all the time had serious mental issues. I went gambling with that guy once, and he ended up blaming me for him loosing at Pai Gow poker, a game that's 100% chance.
And just to let you guys know, ALL the casinos in my jurisdiction say the same things in public advertising campaigns. So far, my sig campaign manager has not PM'ed me telling me to quit bashing gambling. Nobody wins gambling, so lets stop pretending anyone here makes a living gambling online.
This simply isn't true that everyone loses in the long run with sports gambling and poker. There are many people that are multimillionaires from gambling in these two disciplines specifically. Like anything else in order to be good, you must study it and practice proper cash management. With regard to the table games like blackjack, slots, etc you will lose in the long run, but they can be entertaining when under control. If anything you do is based on luck then you are going to get fucked someday or the other is the general rule cause it is not dependent on statistics or any planning ,any game you gamble at is not sure completely nor is made for you to win. Yeah, to make true progress in life, as in solid progress, you need some sort of hard work an dedication scheme, you can't just rely on good luck events, because they are rare. Good luck is needed tho, to break the even and become really rich, there's no way around this. |
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357
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Bitcoin / Bitcoin Discussion / Re: Oops, I hit the wrong button on my phone!
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on: December 29, 2015, 04:12:44 PM
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I would never do any kind of important transaction under a phone, only if the amount of money is not enough to be a tragedy to lose. It's really easy to miss-click with phones, they are shit to be honest, nothing better than a mouse to do this kind of stuff. I would never go into an exchange in a portable device
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358
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Bitcoin / Bitcoin Discussion / Re: Do you believe that Satoshi is still active on Bitcointalk.org?
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on: December 29, 2015, 04:11:01 PM
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Just wondering, if you believe that Satoshi is still participating on Bitcointalk.org actively using a different pseudonym?
Devil greatest achievement is to make us believe that he doesn't exist... im not saying or comparing satoshi with devil, dont be wrong  im just saying that maybe he achieve what he want, the anonymity. I think this is a good point, he may just be around for all we know, but he doesn't want the extra attention. Now he is too famous and every single new post he made would get scrutinized to no end. |
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359
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Bitcoin / Bitcoin Discussion / Re: A rubbish video from Stanford university
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on: December 29, 2015, 03:40:12 PM
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Moving fiat currency is a secondary task for Bitcoin. It requires additional services to complete the transfer.
Im trying to speak in pragmatic terms as in how the end user would feel Bitcoin does. And right now, im afraid the end user, that's the average joe that may be interested, is going to use it to move funds from A to B. Of course, there are lots of holders too, but you get my point (hopefully) |
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360
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Bitcoin / Bitcoin Discussion / Re: A rubbish video from Stanford university
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on: December 29, 2015, 03:28:31 PM
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https://www.youtube.com/watch?v=JhdM4_iRHyEThis is a talk by a university professor entitled "The Economics of Bitcoin & Virtual Currency". In it she describes Bitcoin as a spreadsheet, states that Bitcoin is the first virtual asset (hasn't she heard of domain names?), and regards it simply as a means of transferring fiat currencies. It's dated June 2015, so it must reflect current thinking. If her ideas are prevalent, then we have a wonderful future in the world of Bitcoin. Bitcoin is indeed right now, mostly a way of moving fiat money, because unfortunately the amount of merchants accepting Bitcoin in exchange of actual goods and services is minimum right now, but obviously in the future this will change. Also she doesn't get all the other implementations Bitcoin can have. |
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