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361  Economy / Gambling discussion / Re: NBA FINALS (Golden State Warriors vs Cleveland Cavaliers) GAME 5!!! GSW 3 CAVS 1 on: June 10, 2017, 04:11:04 PM
The historic odds favor Golden State as they did last year. I believe GSW hadn't lost 3 games in a row last year but the Cavs won the championship. Watch history repeat itself, Ty Lue has decoded them and the Cavs will repeat last year's feat, God willing.
362  Economy / Games and rounds / Re: BETTING STREAK COMPETITION * * COINBET24 * * FREE TO ENTER * * 100 mBTC on: June 10, 2017, 03:03:03 PM
User ID :0005942
Match :  Scotland vs England
Prediction : 1-2
363  Economy / Economics / Re: Can you really make money on Forex? on: June 10, 2017, 02:24:11 PM
Many of the most successful forex traders are right about the market's direction less than half the time. Since they practice good money management, they cut their losses quickly and let their profits run, so they are still profitable in their overall trading.
364  Economy / Speculation / Re: Will we ever see bitcoin lower than 1000$? on: June 10, 2017, 09:25:26 AM
Whenever people starting buying up some item or asset exclusively because they expect to sell it quickly after a rapid price increase, and not for the asset or item’s originally intended purpose, you can be certain that you are in a bubble.
365  Economy / Gambling discussion / Re: Tennis League All Thread on: June 09, 2017, 05:50:09 PM
Wawrinka is by far the superior player. He should never have lost the third set.

I was particularly glad that his opponent's usual tiresome antics didn't put him off. Very grateful to Stan for sparing us a Final involving that charmless individual.

Play like that in the Final and it should be a cracker!
366  Economy / Games and rounds / Re: BETTING STREAK COMPETITION * * COINBET24 * * FREE TO ENTER * * 100 mBTC on: June 09, 2017, 03:55:30 PM
User ID :0005942
Match :  Bosnia-Herzegovina vs Greece
Prediction : 2-1
367  Economy / Games and rounds / Re: BETTING STREAK COMPETITION * * COINBET24 * * FREE TO ENTER * * 100 mBTC on: June 08, 2017, 02:43:56 PM
User ID :0005942
Match : Benevento vs Carpi
Prediction : 1-1
368  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DCORP Crowdsale - Democratizing Venture Capitalism on: June 07, 2017, 07:05:37 PM
Am I missing something, looks like you can buy Drp tokens with only Eth, or are other coins allowed? Meaning I have to convert my cash/bitcoins to eth first?
369  Economy / Exchanges / Re: New to bitcoin many different prices why?? on: June 07, 2017, 04:59:44 PM
This behavior is not unique to Bitcoin, but you can see it more obviously because the volatility is very high.

The price is also different on Forex for say EUR/USD conversion depends on which market you are trading, but because volume is so high and volatility low we almost don't notice the price difference.
370  Bitcoin / Wallet software / Re: Electrum vs Multibit (or other) for cold storage fork ready wallet? on: June 07, 2017, 04:03:39 PM
While using Electrum for cold storage using an offline computer works fine you do have to dedicate a laptop to the Electrum wallet and that computer can never again be connected to the net.

That's why more convenient hardware wallets like Ledger Nano S and Trezor have pretty much replaced using Electrum or Armory for cold storage. As the price of bitcoin increases so will the malware trying to steal your bitcoin.
371  Economy / Economics / Re: From what countries ICOs are perceived as reliable? Is there a rule for that? on: June 07, 2017, 02:02:46 PM
The country does not matter, lookout for  distribution method repeated often in ICO scams is for the dev to do a signature campaign with scam ICO coins as promised payment. That gets him free publicity and the rest of the ICO coins are sold in two batches, one with escrow, and the other without escrow.

What the dev wants is bitcoins from those who buy without escrow. At the end of the ICO he disappears with those bitcoins, the signature campaigners don't get paid, and the buyers who used escrow get their bitcoins back but lose the escrow fee they had to pay. I rate the half with escrow, half without escrow model as equally likely to be as scam as the no escrow model.
372  Economy / Games and rounds / Re: BETTING STREAK COMPETITION * * COINBET24 * * FREE TO ENTER * * 100 mBTC on: June 07, 2017, 12:48:23 PM
User ID :0005942
Match : Italy vs Uruguay
Prediction : 1-1
373  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XRP] Ripple Speculation on: June 07, 2017, 11:56:16 AM
Grin

eToro adds XRP.  That's 4.5m new users a click away from buying XRP with fiat. Poloniex dominance and dDos about to be over.

 Grin


Good news for ripple if true, my problem is that I don't trust e-toro. They are an awful company in my opinion. They have a good platform, but my withdrawals take forever and sometimes I threathen them before getting paid. I have also read very bad reviews about them all over the Internet.
374  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 07, 2017, 09:06:29 AM
I'm mildly partial to xmr - held a decent amount for a long time; sold some, but not all, in february. What annoys me a bit are some of the coin's supporters - then again, that's hardly different from btc - and what appears to be a rather glacial pace of development - which, on second thought, isn't that different from btc either.
375  Bitcoin / Bitcoin Discussion / Re: Please, Stop Calling Bitcoin "Digital Gold" on: June 07, 2017, 08:12:22 AM
What does it matter what it is called? The reality is that it means different things to different people. Even governments don't know how to deal with or label it.

It will be interesting watching it all unfold, I am still being told that it is an elaborate ponzi scheme by some. Others see it as a commodity(gold), asset or an investment scheme.

Feel free to call it cash if you like, but the wild fluctuations in value suggests otherwise.
376  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 07, 2017, 07:38:55 AM
I remember when the price shot up to 60 dollars when I had bought at 20, all my friends at work were saying I should sell. Calling me crazy for not selling as it went over 100.

I will diversify into Seasteading later this year as I see that as the next world changing technology that I believe in.

You know what I tell these people? "You didn't tell me when to buy, so don't tell me when to sell!"

Can you post something elaborating on why seasteading is a world changing technology? I fail to see the implications...

Though currently it is being spun as a "green technology" to appease the environmental mafia, the concept is similar to cryptocurrencies in that you can spin up your own "government" and let the best one win.

We're just about to start Phase 1 which is building a prototype in a nation's protected harbor with limited autonomy. Phase 2 is moving 12nm outside of the nation's borders but still in fairly shallow waters and inside the nation's EEZ. The final phase, Phase 3 is an autonomous seastead 200nm from any nation in international waters. Basically creating a new floating nation. The first one will be like Bitcoin and grow bigger and better over time. While others will duplicate the technology and concept and build their own seasteads in various places around the world implementing their own concepts in the hopes that people will join them.

One of the keys to the concept is that your home/platform is mobile. If you don't like the way things are being run you just float to another seastead that you do like. It allows for competing governments in an incubator type of fashion where something much better than our current governments will arrise due to the free market force of choice.

One example given is that if the government of a seastead declared war with someone, they might be surprised to wake up in the morning to discover that all of their citizens floated away in middle of the night to form a new seastead.

I spent a week in Tahiti last month at a conference with some very intelligent people who are working to bring the first seastead to French Polynesia. The president welcomed us and they are very open to giving us a special economic zone in one of their protected harbors. The company that was formed, Blue Frontiers, should be taking investors soon. I spoke with their finance guy and told him to contact me as soon as they are ready for investors. I also sat down with their crypto workgroup and was humbled by the amount of talent that team brings with it. We definitely want people to be able to use Bitcoin to invest and record property ownership on the blockchain. The legislation should go through around January, then things will take off from there.


TL;DR Seasteading will allow for the decentralizing of nations the same way Bitcoin decentralizes currency.

Mmm I like this sea stead idea, creating a state on the high seas sounds novel and a bit utopian. Will decentralised nations use decentralised currency?

Good concept on paper, but I don't think it practical, and already there are murmurs that a it could be a refuge for the wealthy to avoid taxes or other problems.
377  Economy / Economics / Re: USD vs BTC on: June 06, 2017, 11:40:24 PM
Usd is the world's currency, most international trade is usd based. Bitcoin is gaining ground but it is aeons away, it will take many many years before it becomes mainstream if at all. Bitcoin is seen as more of a commodity than currency by a lot of folks.
378  Bitcoin / Bitcoin Discussion / Re: Real life usage of bitcoin on: June 06, 2017, 10:27:39 PM
bitcoin has been around but I suspect that this is only the beginning of its popularity and adoption. Right now it is used more for online payments for services and speculation.

It may not be the best at paying for goods, but a slowly and surely things are improving in that regard. In the US, especially the big states like NY and California,  real life usage is real, and growing by the day, same with Japan and Canada.

In Africa,  it is hailed as the fastest means of transferring financial assets. It is a matter of time before it evolves into buying goods and paying for food.
379  Economy / Trading Discussion / Re: Is Shorting profitable??? on: June 06, 2017, 12:42:46 PM
Shorting seems like extremely dangerous but at the same time i get why some people feel drawn by it, the possibility to make lots of cash, it seems like a gambling where people even sell their families to try to make a huge profit.

You borrow a bitcoin and sell it. Then you have to buy it back, no matter the cost, when it's time to return it. If it falls in price, you can buy it back cheap, and make money.

In the real world, what can happen is that you lose everything this way, price goes up a lot, and you are left holding the bag.
380  Economy / Games and rounds / Re: BETTING STREAK COMPETITION * * COINBET24 * * FREE TO ENTER * * 100 mBTC on: June 06, 2017, 12:22:52 PM
User ID :0005942
Match : Denmark vs Germany
Prediction : 0 - 2
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