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1  Economy / Speculation / Re: Who will be selling at 450 range (today) on: December 24, 2015, 09:03:13 AM


As the chart shows. Today’s rage is defined by in term support at 434.50 to the downside, and in term resistance at 438.44 to the upside. These are the levels that we’ve got in focus today.

We will initially look for a break above in term resistance to validate an upside entry towards a bullish, medium term target if 443.54. This is a pretty tight target, so a pretty tight stop is warranted. Somewhere in the region of 436.50 should do the trick.
2  Economy / Gambling discussion / Re: is gambling fix your life? or wreck your life? on: December 24, 2015, 08:52:05 AM
To use gambling as a means to earn a living.
Not everybody can do this, but a minority can. These are the professional gamblers. Professional gamblers literally gamble for a living. How is that possible, you say? How can you make money from a gamble? Well, what these gamblers do is they cut the gaming part out of the games they play as much as possible. Games of skill which bring positive results - video poker, poker, blackjack, craps - are what the pros like to play. When you gamble in this way, you are not really gambling like ordinary folks do. You're playing for money. Actually, it's a very cool job if you ask them!
3  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: December 24, 2015, 08:47:12 AM
For every 2BTC per month you want to have for a 20-year period, at the end of which the portfolio is zero, you need a lump sum of 40BTC. Thus, if you want 20BTC per month, you must have a lump sum of 400BTC. If you feel like you have really good genes and expect to live 30 years in retirement, then the present value of that stream of money must be 55BTCper 2BTC or 550BTC for 20BTC per month.  If you keep everything the same, but assume a 6% positive return, the lump sum required is 36BTC per 2BTC for a 20-year payout and 470BTC for a 30-year span.
4  Economy / Economics / Re: Is the world economy dependent on the American economy? on: December 24, 2015, 08:38:01 AM
I would say all the countries in earth are interlinked in one way or another to each other all of them depend on each other in some proportion. The reason why any small happening in united States or Europe effect global market because these two economies are heavily connected working on a lot of leverage with many many different countries through which causes the dependence on global  markets. It is not about the united States of America or the Europe being saturated deveped economies it is just that these economies work with other small economies on a lot of leverage which brings a lot of volatity in the market place due to high leverage and high risk.
5  Economy / Economics / Re: Is it better to save money or invest it? on: December 24, 2015, 08:24:02 AM
 savings, you need to know your goals to decide if you should invest. Specifically, you need to know which of your goals are short-term, and which are long-term.
Short-term goals are things you plan to do within the next five years
Medium-term goals are things you plan to do within the next 5-10 years
Longer-term goals are ones where you’re won’t need the money for ten years or more
For your short-term goals, the rule is to save into cash deposits. The stock market may go up or down in the short term and if you invest for less than five years you might well make a loss.
For longer-term goals, it’s often best to invest because inflation can seriously affect the value of cash savings over the medium and long term. The stock market tends to do better than cash over time. The longer you can leave your money, the more chance you have of making a profit.
For the medium term, cash deposits may sometimes be the best answer, but it depends on how much inflation risk you are willing to take, and whether you need a certain sum on a certain date.
Investing money is better than saving but it all depends on your goal and your need for that money.
6  Economy / Speculation / Re: When will this bitcoin will go down? on: December 24, 2015, 08:19:09 AM
It can go down if a crisis like 2008 repeatsbut then,Gold went down because it was a deflationary crisis, a credit crunch. Banks, businesses and people were scrambling for liquidity and would sell anything to be more liquid. After the credit crunch the FED launched QE and gold rose accordingly.
I would argue though, that because the gold market is more leveraged bitcoin would suffer less from a deflationary collapse. The paper gold market is huge.
One crisis isn't like the other. Maybe we're going to have a Greek/Cyprus like crisis, where governments orchestrate bail-ins. This is very bullish for bitcoin, but it will be hard to buy bitcoins when your bank account is frozen.
Or maybe inflation picks up and people start to lose confidence in their national currencies. This is very bullish for bitcoin.
7  Economy / Gambling discussion / Re: How much can you earn with gambling? on: December 24, 2015, 07:49:17 AM
The first strategy (the blackjack strategy) is a positive expectation strategy, assuming you can develop the skills involved, and also assuming that you have the self-discipline to follow it. A positive expectation strategy is one which can expect to win money over a long enough period of time. In the short term, anything can happen, but in the long run, gamblers with a positive expectation strategy expect to win more than they lose.

The second strategy (the slot machine strategy) is a negative expectation strategy. Slot machines are a negative expectation game, and even reasonable money management tactics like the one outlined above won’t overcome the game’s built in mathematical disadvantage over the long run
8  Economy / Gambling / Re: I am done! on: December 24, 2015, 07:46:43 AM
Many people who gamble excessively have mixed feelings about gambling. They know they are causing problems for the people they love. They may become anxious and unhappy, and often hate themselves. But the urge to gamble seems too great to resist. They feel they cant give up on all the time, money and emotion they have put into gambling. They cant accept that they will never win back what they have lost. Some people still believe their system will pay off, their luck will change or they are due to win. Others believe that continuing to gamble is the only way out of a situation they are ashamed about.

Other people promise to quit, but cant. They fear their loved ones will find them out. This drives them deeper into hiding and further into debt. They keep hoping a big win will end their problems. Once in a while they may win, which keeps their hope alive until the losses mount up again. If they quit now, they will feel like a loser.
9  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin 'real money' to you? on: December 24, 2015, 07:36:16 AM
Let’s be real. Of course the idea of Bitcoins feels a little weird. Bitcoin is, at its core, simply software code and not directly tied to anything of value. You don’t get to touch it, lots of merchants don’t accept it, and your boss is certainly a long way from paying you with it. Bitcoin may be growing, but it is a long way from replacing dollars and cents.
10  Economy / Economics / Re: Will Bitcoin always be dependent on fiat? Is it? on: December 24, 2015, 07:30:48 AM
It's not going to start with the dollar or euro. It's going to start in places where you have the combination of unstable, fiscally irresponsible government + moderately tech-savvy populace. Places like Phillippines, Thailand, Argentina, various middle eastern & eastern european countries.
One day, one of these countries will have a currency crisis, and bitcoin will be the "least bad option." And that's where it begins.
11  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: December 24, 2015, 07:00:08 AM
The total number of bitcoins that can be mined has been preset at 21 million, whereas the amount of gold that can be mined is a more complicated question. Over time, the increase in the supply of gold has increased at roughly 1-3% per year, but on a short-term basis there can conceivably be a lot of volatility in the price of gold due to new discoveries. Of course, as a new technology, bitcoin is subject to much more volatility than gold. But over the long run, given the fact that no new bitcoins will be mined after the 21-millionth, we can expect it to ultimately serve as a better store of value than gold.
12  Bitcoin / Bitcoin Discussion / Re: What would happen if BTC was Banned? on: December 23, 2015, 02:50:36 PM
No government will ever support a virtual currency that goes around borders and doesn’t have the same controls. It’s not going to happen.

I think instead bitcoin will be used to define borders as community standards, regulations and ethics are pushed to the local network. For example - a self driving automobile knows that once it crosses over the state line it can now turn right on red after stop. As these little blockchain contracts (between governance and consumers) add up, there will be a point where we can hardly tell the difference between government and the blockchain.
13  Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin? on: December 23, 2015, 02:42:13 PM
One reason for people not using bitcoin is that it is not issued by governments, so there is no protection from the governments. I mean in the society we live in today the priority of every person is security and guarantee of everything. If something goes wrong in a bank transaction you can blame the bank it is not the case with bitcoin.
14  Economy / Services / Re: DOUBLEBOT signature campaign [ 3rd week ] on: December 22, 2015, 02:46:40 PM
Happy to join your signature sir.
15  Economy / Services / Re: DOUBLEBOT signature campaign [ 3rd week ] on: December 20, 2015, 02:53:39 PM
Username : conio.h
Current Post count : 83
Rank : Member
BTC address :1CYoaBJ9pSHnRFM69aFh2xq5UPQCn2hHX1
16  Economy / Services / Re: ★☆★ Bitvest Plinko Sig. Campaign ★☆★ Earn up to .001/Post (Newb-Hero Welcome) on: December 18, 2015, 08:20:53 PM
I would to join

username: conio.h
rank member: Member
Post Count: 82
Bitcoin Address:1CYoaBJ9pSHnRFM69aFh2xq5UPQCn2hHX1
Thankx
17  Economy / Exchanges / Re: yobit UID on: December 18, 2015, 07:08:27 PM
Fuck you suckers u think you are the boss you little rat bustards . I bitch, you piece you shit. I will chop your dick and then grind it in a grinder and make all of you drink that stuff . these rag bustards want people to write post that to constructive and the what they pay is 0.00013BTC you all deserve to be burned in hell . now when a person is trying to make some money so that he/she can start something of his own then all they won't lend money to that person. Do you suckers have any idea how much time it takes to make a bitcointalk account a member account .fuck you bitches . fuck all the hero member guys in the investors section just lending and borrowing bitcoin among themselves and completely ignoring new comers , what kind of investor do you call your self when you are not able to tell the difference between a scammer and a genuine new comer. IYou old rotten ass punk.
Well now it is clear to me that bitcointalk is a shitty sight and the whole community of bitcoin is a shitty community fuck u all I will try to find out some other source for my personal project. Die die die die die die die die die die die die die die die die die die die die die die die die die die die die
18  Economy / Exchanges / Re: yobit UID on: December 18, 2015, 06:48:50 PM
I was writing genuine replies how can that result in banning me?
19  Economy / Exchanges / yobit UID on: December 18, 2015, 06:26:12 PM
I have signed in for yobit and in the campaign signature under your bitcoin id it is written "not active" what does that mean will I be paid for my posts or not?
20  Economy / Economics / Re: Why not just print dollars? on: December 18, 2015, 04:34:45 PM
Because it is unlegal according to law. to make money you need to provide service or goods in exchange.
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