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I mean all these bankers and corporations, what do you want them to say? That they love Bitcoin? They are interested in the blockchain and alternative technologies so they can incorporate them into their business to make money. Bitcoin itself is tainted in their eyes and it's nothing more than a fake currency for buying drugs in the deep web. And so far, they are not that very far away from the truth. They fail to realize that it's Bitcoin and the p2p currency technology that it's the real invention, it's just doing its first steps like the internet in the 90s.
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We are definitely in the middle of a storm, it's a very bumpy ride, I thought it was over in the past days where the value bounced back to $425 but now many more statements were made against Bitcoin so the price continues to suffer. Hopefully it's nothing long term and Bitcoin can rise again from its own ashes.
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The price of BTC will always be dictated by the market because it's a commodity that it's traded. If there's no much supply and high demand the value will rise and viceversa, it's that simple. If Bitcoin becomes a novelty in the next years due to becoming obsolete (perhaps because of a flaw or a new technology) then the value will be crawling on the floor. On the other hand if Bitcoin is adopted by the mainstream you can imagine what could happen, the sky would be the limit.
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The amount of recent announcements and declarations about Bitcoin makes me think that something's up and there's a hidden agenda of some sorts. Too many it is obvious but I've never been that type of person with conspiracy theories and such but the evidence so far it's too much, they seem to be strategically targeting Bitcoin and attacking it without mercy. Doesn't matter if it's truth or not, for the general public this is just more bad news about Bitcoin. If this continues I don't know where we would end up in terms of price/value.
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Does anyone use these exchanges? They require your social security number for account verification.
Everyone seems to be using coinbase, but just wondering if anyone has a review on either of the above. If this is in the wrong forum please advise.
i used xapo as a wallet before, it was pretty good imo, mainly because of the free transactions. i cant say how their exchange is though. i recommend xapo to any new bitcoiners because theyd save alot from those freee transactions. Yes that's one of my main uses, I think Xapo is great as a "hot" wallet where you can use relatively small amounts to buy some goods, services, gambling, small trades and such and avoid fees. For the rest, perhaps the majority of your savings or BTC investment you can always use a cold wallet. |
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Final result: LA Clippers 102 Cleveland Cavaliers 115
I missed by a wide margin, thought the game was gonna be much more close...any lucky winners?
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We should wait and see if there's actually a Bitcoin/Paypal integration in the works after the naming of Wences Casares (Xapo CEO) for Paypal board. If Bitcoin starts to get accepted and traded like this in Paypal and next eBay, Amazon, then the sky is really the limit.
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Hi Folks -- Wences didn't leave Xapo, he is very much our CEO and as involved as ever (I report to him). We are committed bitcoiners for the long haul -- we won't be going away or pivoting to a "blockchain but not bitcoin" business  Thanks and best to all, Ted Rogers I love Xapo and plan to keep using so I'm glad to hear that (if you are saying the truth, this is the internet after all!). I also have high hopes that a Bitcoin/Paypal integration is in the works, that would be amazing and a truly game changer in the business. Bitcoin will definitely get all of the lights finally and people will start taking it much more seriously. |
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You still think it's better to send $450 one day and receive $370 the next one? What kind of company will afford to have those risk and volatility. No sane person will accept a transfer in Bitcoin, plus they won't be able to cash it anywhere, that's why Western Union is successful. I don't understand how this thread keeps going and going, there's no real research done. Go and open your own Bitcoin transfer company and see if you can keep up with 0 fees.
The only insane i see here is you,bitcoin can be converted at the same time of the transaction,the goal at bitcoin is we community buy and sell between us,that happen at exchanges,but to take it out to real world to get fiat well for me still being easy and fast i contact the person and he says how much he will pay based on the value of bitcoin on that time,soo i dont see what you see sorry. You don't see that the thread is comparing apples to oranges. In order to provide the same service (fiat, cash in a window) a company using Bitcoin will be exposed to the same problems if not more compared to WU. That's why the service doesn't exists yet, because it's not profitable. I've received a transfer from Western Union some weeks ago, it was $200 USD, they charged the sender less than $10. I got two bills of $100 each in my hand. Just do your math and see if the same procedure can be done via Bitcoin but cheaper. If you can find a way then you will become a millionaire and kick WU out of business. |
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I mostly gamble for fun and specially in sports. I think it's negative but not much at all (I don't bet that much either so). I think if you are even a casual gambler this would be a nice idea (or perhaps the worst one). A nice idea because you would clearly see how much money you are losing. And the worst idea because for many addicts this would become an endless challenge to get out of the red numbers.
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There is no use if you come up with 200 pages theory or script ,the edge will get you a 100 % chance to lose at the end.Though luck could change it but not statistics/methods.
This is the exact reason I think why the simulator could be useful. There are some firm believers of martingale out there, thinking that it is impossible to have a long losing streak. With such a simulator, they could see the truth themselves before deciding to gamble their money away. Interesting take. Like I said, if you are a very casual gambler it's worth a try. I got lucky and stopped the script (it's a different one and a different game) when I was ahead. It ran for 5-10 minutes. Of course I didn't try it again, so you get the idea why it worked hehe. I would definitely try this if you have some loose change or something from a giveaway and want to get more out of it (and don't mind losing it all). For me martingale is a better strategy than going "all in", it gives you more options in a much more controlled environment. But we all agree that in the end, the house always have the upper hand. |
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This match Atlanta Hawks vs Sacramento Kings is little hard to predict because i am confused about total scoring points it will go over/under 215 points, i would like to take suggestion about this so what you think guys about match?
The only option in Directbet is Over 218.5pts @ 2.18 which I think won't happen. This game will definitely be around 200 pts, if you can manage to find some good odds for Over 200 pts I suggest you go for it. But over 215 it's a too risky in my opinion, specially with those kind of odds. |
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Cleveland Cavaliers vs Los Angeles Clippers on this match i have my bet on Cleveland Cavaliers -7 as i think on home court it will be easy task for it to beat Los Angeles Clippers and keep winning margin +15 points.
That is a risky pick. See last performance of Cleveland Cavaliers in their home? Im surprised with the handicap given for Cavs. Really a risky one. What is the odds for -7 points for Cavs? It has an apparent risk but I don't think the Cavs will have too much trouble handling the Clippers at home tonight. I've seen yesterday's game against the Nets and they are back on form. GSW's game was atrocious but I think it was more of a fluke really, their match at GS was very close until the end, it just that when the Warriors are on fire it's hard to stop them. |
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LA Clippers 100 @ 101 Cleveland
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I am going to bet on Atlanta Hawks to win against Sacramento Kings. Hawks has a good record against Kings and Kings home form is not that impressive.
That's a good choice but remember the Hawks played last night so they may be a little tired today. Either way I think they will handle the Kings without major problems just like they did with the Blazers. |
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This is great, Directbet is awesome and I see some great odds like George Miller / Best Director @ 4.8. Like I said I think this would be the only "big" nomination that Mad Max could actually win since he's a very respected director with a long career and this could be both a consolation prize and career achievement award. The odds for Di Caprio are too low, almost nothing, I wouldn't risk my money, instead I would go for Michael Fassbender or Matt Damon, those are the roles the academy usually acknowledge. Redmayne has a shot there too but already won last year so I don't think he has many chances. |
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I had an idea that I already mentioned, it was a FanDuel/DraftKings similar daily fantasy league but Bitcoin based and with the twist that no account is needed. Should be as easy and fast to bet some bits as possible. However to get it working and maintain requires a big investment, from development, design & data entry work hours.
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Lol, depends on what house and what location of course, but to give you a rough figure, I don't think we would ever see the equivalent of $100.000 (in 1 BTC) before 2030. And such predictions are useless because Bitcoin runs the risk of becoming obsolete or a novelty much earlier than that. If we could reach $5000 before 2020 then we would be on course I think, Bitcoin will definitely be getting some massive attention for that price to happen.
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It's definitely possible, now more than ever since we are coming from a very dark week with the most amount of negative comments I can remember. However even if we can reach it, I don't think it will be sustainable, we should close the year around $500-600 in my opinion.
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