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1261  Economy / Services / Re: Looking for people to store some of the forum's money on: April 28, 2013, 07:30:03 PM
Thanks, but I'm not confident in the security/stability of MPEx.

Leaving aside that MPEx hasn't been down in its entire lifetime as long as the forum was down this week, I guess that's a thought.

Does MPEx have a thousand active users each pulling hundreds of db queries and executing php commands on the site at the same time?


Also, I think that wasn't a purely *technical* concern.   Roll Eyes

Of course not, but that's not how MPOE-PR answers questions. The distraction answer is always better while throwing a tissy fit.


Lol.  Yea, i think MPOE-PR is a good example of how not to do pr.
1262  Other / Beginners & Help / Re: How come some people all of a sudden are willing to pay so much for bitcoin? on: April 25, 2013, 11:44:53 PM
I'm wondering why  fiat is still fetching so high a price.  Bitcoin is undervalued.
1263  Economy / Speculation / Re: When we are at $500, $1000, $2000 Bears and pigs will troll lol on: April 25, 2013, 10:12:20 PM
This trolling has been going on since $2 not even two years ago.

It will be the same at $2000 also.

Bears in denial and pigs grasping at straws.

Cry more, it is entertaining to me. You may think I'm offended by all the insults, but it really is just funny to watch all you bears/pigs try to out troll Smoothie.

 Tongue

I don't expect to see  $2000 for a while, most likely 3 months or longer
1264  Bitcoin / Bitcoin Discussion / Re: when do think 100 fiat will get you 0.0001 on: April 25, 2013, 01:16:40 AM
when do you all think 100 fiat or (roughly 100 depending which fiat you use) will be exchanged for 0.0001 btc? do you think this will be centuries, decades? or meagre years? what point will fiat be forced to change to btc?
think 4 or 5 years from now
1265  Economy / Speculation / Re: mtgox claims $5 to $20 million per day incoming funds... on: April 23, 2013, 12:51:47 PM
Some bullish news: http://www.reddit.com/r/Bitcoin/comments/1cxdrr/reuters_tv_interview_with_mt_gox_in_tokyo/

Inflows: Between $5 million and $20 million / day
Outflows: $300k to $1 million / day

That means that in April between $100 million and $400 million was added to the market. When confidence is restored, the price could go ballistic once again.

very interesting.  Roll Eyes

Okay bears now is your chance to be creative on how $5 to $20 million incoming cash per day into bitcoin will send the price lower.....LAWL  Cheesy Cheesy Cheesy

Doesn't matter, bears are in denial.
1266  Economy / Gambling / Re: Any hopes of getting an Intrade type predictions market for Bitcoin? on: April 22, 2013, 07:48:51 PM
Well if you go to the trouble of cloning Intrade why not just allow it to accept Bitcoin.

Because A WEBSITE IS NOT A SERVICE any more than colored canvas is art. Sure, some art presents itself as colored canvas. This has nothing to do.

Well i'm not sure if you're high, and/or your English is just not that great.  Either way you seem to have missed my point.
1267  Economy / Gambling / Re: Any hopes of getting an Intrade type predictions market for Bitcoin? on: April 22, 2013, 06:35:20 AM
I've seen what we have so far (bets of bitcoin, and bitbet), and these offer no where near the advantages and freedom of betting as a true prediction market like Intrade have.  Is anyone working or thinking of working on something similar?

Just as soon as you sit down, read this and implement it.

Well i skimmed through that, seems to suggest hedging with Intrade, or vice-versa.  If that's what you were trying to get at. Of course Intrade has been down for a while now(the reason i posted this).  Thanks anyway

It's more you clone Intrade and then Hedge on BitBet.

Well if you go to the trouble of cloning Intrade why not just allow it to accept Bitcoin.
1268  Economy / Gambling / Re: Any hopes of getting an Intrade type predictions market for Bitcoin? on: April 21, 2013, 08:16:07 PM
I've seen what we have so far (bets of bitcoin, and bitbet), and these offer no where near the advantages and freedom of betting as a true prediction market like Intrade have.  Is anyone working or thinking of working on something similar?

Just as soon as you sit down, read this and implement it.

Well i skimmed through that, seems to suggest hedging with Intrade, or vice-versa.  If that's what you were trying to get at. Of course Intrade has been down for a while now(the reason i posted this).  Thanks anyway
1269  Economy / Gambling / Re: bitbattle.me - Instant bets, ZERO waiting! >100000 bets placed! NEW: API! on: April 20, 2013, 08:22:38 PM
I've played here, since SatoshiDice has been very slow lately.  Seems to work well, but would like to see the number i rolled without having to click on every bet if possible.
1270  Economy / Economics / Re: Why people are still buying BTC? on: April 20, 2013, 08:00:44 PM
Hello guys,

To me, it seems pretty strange that people actually continues buying btc now...
I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now?

I don't get it.


Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount  Roll Eyes ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?).

The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue.


An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease.


Other issues:
- security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalk.org/index.php?topic=174600.0 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...).


I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks.

There are other interests that have replaced the Cyprus hype, and more are likely to come.   As for mining, you could mine Litecoin, and buy Bitcoin with those.
1271  Economy / Gambling / Re: What game do you wish to see? on: April 20, 2013, 07:58:55 PM
How about something with a decent jackpot that can be +EV, most i've seen are poorly implemented.
1272  Economy / Gambling / Re: bitbattle.me - Instant bets, ZERO waiting! >100000 bets placed! NEW: API! on: April 19, 2013, 06:46:02 PM
Ahrg. Bitcoind has been running for several weeks now without restart - Just today it started making troubles. I am looking into it right now.

Okay, everything is back to normal again. Pending payments are sent out, all transactions should be handled. If you think a transaction is missing let me know!

On your website I have a session that says paid, but didn't send, and the transaction can't be found.  
Edit: Shows up now, just took a while.
1273  Alternate cryptocurrencies / Altcoin Discussion / Re: NVC giveaway !!! Trade it, use it, enjoy it. Only 2nd after BTC by price on: April 19, 2013, 01:12:12 PM
4H5zA9v2xkqp2GWUZY8fNEp6gEXZFDsmjT

thanks in advance
1274  Economy / Speculation / Re: Yup, still feeling bearish. on: April 19, 2013, 06:40:21 AM
Investor confidence seems to be back on the rise, and some people are saying the bottom is in...I don't buy it for a second; I think its just the calm before the storm.

However, if I am wrong, and we start to bubble up again, I think the results will be catastrophic.

Neither situation is good for BTC, IMO...but I think another bubble would be much worse.



Good luck with that.
1275  Bitcoin / Bitcoin Discussion / Re: Western Union considering using Bitcoin on: April 19, 2013, 04:53:29 AM
They can either embrace Bitcoin or die
1276  Economy / Gambling / Re: Any hopes of getting an Intrade type predictions market for Bitcoin? on: April 19, 2013, 01:04:11 AM
I've seen what we have so far (bets of bitcoin, and bitbet), and these offer no where near the advantages and freedom of betting as a true prediction market like Intrade have.  Is anyone working or thinking of working on something similar?

We (minilottomayhem.com) agree, and we are considering building something. What kinds of events are you most interested in betting on?

Sporting events, Economic events, among others.
1277  Economy / Speculation / Re: Are people getting greedy again so soon?? on: April 18, 2013, 07:50:16 PM
I think the greedy and shortsighted were the ones selling
1278  Economy / Currency exchange / [WTS] Would sell 12,000 XRP (Ripple) for a Bitcoin on: April 18, 2013, 06:23:16 PM
Selling 12,000 XRP (Ripple)  for 1 Bitcoin, PM if interested
1279  Economy / Gambling / Any hopes of getting an Intrade type predictions market for Bitcoin? on: April 17, 2013, 08:00:48 PM
I've seen what we have so far (bets of bitcoin, and bitbet), and these offer no where near the advantages and freedom of betting as a true prediction market like Intrade have.  Is anyone working or thinking of working on something similar?
1280  Economy / Speculation / Re: Prediction for this coming week, BTC to $1.50 by Friday 19-04-2013 on: April 16, 2013, 11:44:41 AM
I can easily buy 500@50 in this market. But why would I want that ? The rocket is landing:
http://www.google.com/trends/explore?hl=en-GB#q=bitcoin%2C%20buy%20bitcoins&date=today%207-d&cmpt=q

If you think the probability of bitcoin going to $300k is less than 1/6000 of it going to $0, yes, you should not buy at these levels.

I think it is well over .1%, which makes it an incredible buy, but to each his own.

Are you sure that's specific enough?  How about if you think there's a 3/700 chance of it going to 579, and you can't dance the jig, you should buy.  Otherwise sell.
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