Hey guys, I am looking to get into short selling bitcoins. I figure I can make money on top of simply exchanging bitcoins (going long). I'm looking for some opinions from people that short sell bitcoins- what is the best place to do this?? I currently trade on btc-e. I prefer more volatile markets- more opportunities to earn (every "spike" is a profit if you buy and sell at each high and low). I've looked at campbx
Bitfinex would work for this. |
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http://www.businessinsider.com/rich-getting-richer-2013-4#ixzz2SvozejTHThe richest 7% of American households--8 million with more than $836,000 in net worth--did quite well from 2009 to 2011.
Their average net worth rose from $2.5 million to $3.2 million, a 28% jump.
The other 93% of American households, meanwhile, lost out.
Their average net worth dropped from a measly $140,000 to $134,000. At current bitcoin prices, if you have more than 7,000 BTC you are on the safe side of the economy. Your wealth will grow while others will fall. If you can get on this boat you should be able to ride the wave of the rich getting richer and the poor getting poorer. The folks in Washington will actually be working for you. And these consumers (the lower 93%) provide the spending that drives most of the economy. (Rich folks actually don't spend that much as a percentage of the economy). It also shows that the wealthy are saving (hoarding) while everyone else is doing all of the heavy lifting and spending all of their money. A good lesson on how to get (and stay) rich. Personally, I would shoot for just over 800 BTC since eventually in the next few years it will be over $1000/BTC. If you can get just 3 times that, or 21,000 BTC you will have 1/1000th of all the Bitcoins that will ever be created |
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I got this in my fortune cookie today! I think it is a sign!   I thought they all said that. |
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Dropbox has this feature that lets you vote on their website for changes you want to see happen. Accepting bitcoin is about to make the all time most popular request page and already has 29,000 50,000 upvotes. Its worth mentioning that the other most popular request took 4 years to get there where as bitcoin has done it in less than a week (thanks reddit) Do you think it's likely dropbox adopts it (as theyve done to many popular request)? and if so, what do you think the effect on bitcoin price and economy will be? https://www.dropbox.com/votebox/6425/buy-storage-with-bitcoin-e-currencyEDIT: now 51,000 EDIT: now 100,000 I've not used dropbox, but will check it out. Let's get them some more votes. |
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0.6% is a bit too high, would like to see something like 0.1% plus a small fixed fee(or better) sometime in the future.
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Found this webpage after reading the prize thread. Works well, house edge is really low almost half of other dice games. After 1 confirmation my deposit showed up. Rolls and withdrawals are instant.
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http://uptweet.com/viewStory?id=1253Looks like there is now an easy way to pay for stuff with bitcoin no matter where you are. Sure, you're restricted to the stores Gyft supports, but chances are there would be a Burger King around somewhere if you're starving. This, added to the Bitcoin Conference on the 17th and China getting into Bitcoin, all I can say is I can't wait until next week. I saw this news also. I think I will try this sometime. |
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Coinroll.it is sponsoring a 5 BTC giveaway to lucky players. All you have to do is play one game on our website - it can be as low as 0.00001 BTC. The amount of bets you make doesn't matter, and neither does the number that you rolled. What you need to do then is paste the bet ID of one of these bets as a reply to this thread. The 3 winners will be chosen in 2 weeks using the following procedure: We have chosen a random 12 digit hex ID in advance. The SHA256 hash of that string (plus extra padding to avoid brute forcing) is f93e0d55b98e61dddfa4d3aae8204cfa727c909af15ef81ccdda9ac8313ceca4 The ID will be revealed in 2 weeks - the 21st of May. The 3 winners are those with a bet ID which has the smallest modular distance to our random ID.The modular distance is defined as min((a - b) mod 248, (b - a) mod 248)where a, b are 48bit integer representations of the hex IDs Prize pool:Winner: 3 BTC 2nd and 3rd: 1 BTC each Winners will be asked to prove that they actually played the game by either signing a message from one of the originating addresses or performing an action on the website while logged in. Why the modular distance? Why wouldn't a regular subtraction do?If we used the absolute value of (a - b) instead then bets wouldn't have a uniform distribution of probability. nice, here's mine: https://coinroll.it/bet/d1ab64135b6b |
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Ever consider having a deposit at the start of the battle so that there isn't a tx fee every time you bet? Would cut down on costs.
I was thinking of suggesting a way to allow users to gamble with their in session winnings, would have a similar effect.(less tx and faster) |
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It says on their website:
"The systems Vircurex.com and Cryptostocks.com have been taken offline over the weekend
Please do not deposit any further coins to your Vircurex accounts. We must assume that the wallet has been compromised."
Sucks for the people who bought this IPO (not that I think anyone actually did, but anyway). To say the least. |
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Anyway, I'd say 0.0001 BTC is called "a hundred microBit" or "point one milliBit".
In writing: 0.1 mBTC or 100 uBTC
I agree with this. Keep it simple. |
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Too many trash coins, and pump and dumps is obvious. Why would the average person care about CHNcoin and the other tag-along junk coins trying to ride the success of Litecoin, almost none of these alt-coins will achieve wide-spread adoption.
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I wonder where the next peak will be. $1000, $10000, $100000?  If it's anytime before the next reward halving, I couldn't see $10,000. We would need some very strong news even to get near $1,000 right now, which is still a possibility. |
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A lot of these coins are just pump and dump.
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Looking to sell currently.
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I am wondering if anyone is buying call options?(write to purchase BTC at a certain price by a certain date)
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JunkCoin (JKC), the newest altcoin which is Litecoin-based has arrived!
Seems Legit |
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Do optioins actually work on this website? I'm getting insufficient funds no matter how small of a contract I try to create, also noticed there's not much available for purchase.
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Lol BFL is just recently delivering a few devices? Bunch of failures, and IMO con artists.
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