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Showing 20 of 16,976 results by South Park
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Board Bitcoin Discussion
Re: Bitcoin is instant way to get rich ?
by
South Park
on 11/07/2017, 17:50:48 UTC
Play on bitcoin casinos and deposit big. That's one way of of getting instant rich. I've seen lots of people getting instant rich on bitcoin gambling. Take the risk and win big.
What a bad advice, gambling is a source of entertainment not a source of income to think otherwise is to deceive ourselves and can be very dangerous if people follow your advice since they may lose money they were not prepared to lose in their quest for earnings.
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Topic
Board Bitcoin Discussion
Re: Afraid of August One?
by
South Park
on 11/07/2017, 18:01:24 UTC
If they screw up you have Ethereum becoming number 1. I am expecting everything will go fine. There is a lot of market speculation surround 1 Aug. But if the result is positive we just go up again towards a higher market cap in 2018.
If something goes wrong then ETH could become number one but if things don’t have a way to go back to normal then I think Litecoin will eventually become number one, since it is basically bitcoin with segwit already activated and none of the drama at least at the moment.
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Board Bitcoin Discussion
Re: Sending bitcoin without the miner fees !
by
South Park
on 11/07/2017, 18:13:02 UTC
Happened to me a year ago when I used outdated version of core wallet and it had fee hardcoded (?) and it was lower then needed. Transaction never got confirmed, newegg order got cancelled, BTC returned back to the account after a while.
Which is why we must familiarize ourselves with our wallets before doing anything else, or we may end up doing silly mistakes, that almost happened to me once when I was about to send a transaction and then I noticed that my wallet was not in mBTC but in BTC so I was about to send a transaction 1000 times larger than what was needed, so I saved myself a lot of money and trouble by double and triple checking the details of the transaction.
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Topic
Board Economics
Re: Can Bitcoin End World Poverty?
by
South Park
on 11/07/2017, 18:16:05 UTC
If anything the inequality is getting higher every year the richer are getting richer and the poor are getting poorer, bitcoin is money, and the only purpose of money is to facilitate trade, the mission of bitcoin is not to end poverty, that is not going to be possible at all since that is the way our economic system is designed, there are winners and there are losers.
bitcoin has provided opportunities to millions of people not to just some wealthy dudes. It has made many poor people rich. Capitalism and open market system is an enemy to end poverty while bitcoin is a chance an opportunity to grab. You can rather buy and hold or you can work online and earn through advertising. So bitcoin is contributing a lot to provide an alternative to control poverty.

Exactly the opposite.
In communism and socialism we were all poor. Trust me as I lived for long years in a former communist country.
And now only 6% of the population is below the poverty line.

And bitcoin, bitcoin is the definition of capitalism.
Who has money to invest will make more money, who is dirt poor and has no money  he will still be dirt poor.
Correct, that is why many people want to emigrate to the US, that is one of the few places where the only thing you need is an idea and the will to make it a reality, in the US there are a lot of stories of people that were very poor and due to hard work and perseverance were able to become rich.
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Board Gambling discussion
Re: Gambling and Superstition
by
South Park
on 11/07/2017, 18:05:21 UTC
Superstition is there because it is easier for people to face a lie then the truth. It's cuddly and cushiony to accept a lie.
That's not what gambling is about. When you gamble you don't mess around. You go for it ! You either stop when you feel you have had enough pushing your luck or you left with nothing. Also another reason to keep a separate wallet for gambling. Be prepared to lose the money and face it. Superstition is just to distract us from the truth.
People will choose lies over the truth any day of the week, people are not really conscious of it, but that is the way it works, instead of thinking that the reason they lost at the casino is simply a matter of odds, they think it is because of a shirt, that way, they can think that if they change their shirt they can earn money the next time they go to the casino.

I don't think it lies but it's more of something like blaming onto something specially when you lost. I myself don't believed in superstition but sometimes when I lost or win, I look for something to blame or what factors brought me to win. And I will came to conclusion  that maybe because of this or that, and I think this is already superstition. But when I came to my senses, it was just pure luck. Nothing else.
A scapegoat? Regardless of the definition, that is the truth, most people struggle to admit their mistakes, that is why when confronted with evidence of their bad actions most people come with excuses instead of accepting the fact they have done wrong to others or to themselves.
Post
Topic
Board Bitcoin Discussion
Re: Afraid of August One?
by
South Park
on 23/07/2017, 18:32:39 UTC
What is there to even be afraid of with  August 1st? Even with a (remote chance of a) potential chain split and possible network disruption, so what? Even with a subsequent significant drop in price, so what? It's not like the price of bitcoin will continue to freefall. As long as you take the necessary precautions of securing your bitcoins you shouldn't have anything to worry about. Once it all plays out, we'll see what's what and go on from there.
People care because we are talking about money here, and some have invested an important part of their life savings in it, so it is not as easy as you think, bitcoin is going to recover no matter what happens but for those holding coins it is not as easy to recover from huge losses.
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Topic
Board Bitcoin Discussion
Re: What are your plans with your Bitcoin?
by
South Park
on 23/07/2017, 18:17:53 UTC
I am planning to hold it and to do trades with it. Buying low and selling high. This can be done now that there is price volatility, I have bought at 2098 and I sold today at 2785. I know this is risky but it is worth trying. Holding is the bigger plan which can give me same results, making my amount in fiat bigger with the passing of years because of rise in bitcoin price.
I do not know if I would have sold now, I think we are about to see a huge spike in the price of bitcoin and if you are not clever you may lose the chance to get profits, to sell at this time when the market is not moving is not the best option it is better to sell when the market is moving upwards.
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Board Economics
Re: Can Bitcoin End World Poverty?
by
South Park
on 23/07/2017, 18:21:05 UTC
I think, bitcoin should be distributed evenly so that it can reduce and even eliminate poverty. The government played a major role in this.
Of course not, that is communism, communism has showed time and time again that it does not work, that it kills more people in times of peace than any capitalist country could in times of war, there are always going to be differences in income that is something we need to accept.
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Board Bitcoin Discussion
Re: Is bitcoin is the new era of currency?
by
South Park
on 21/07/2017, 17:19:46 UTC

Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative. Life never provides warranties or guaranties for success. It only provides possibilities and opportunities to convert them into success:)


But with the government intervention to act against bitcoin then for sure this will not progress, we cannot freely transact online and convert bitcoin into fiat without the support of the government, we badly need them to continue the progress and we will be benefited with our investment.
As the adoption of bitcoin grows I think it will come a time where we wouldn’t even need that, bitcoin will become so accepted that the necessity to convert it to fiat first to be able to spend it it is not going to be there anymore and you will be able to spend your bitcoin directly without converting it first.
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Board Bitcoin Discussion
Re: Why use Bitcoins ?
by
South Park
on 21/07/2017, 16:32:41 UTC
Why use Bitcoins ?

I keep seeing threads on “why don't people” ? The real question to me is Why would they ?

-The average consumer will go way out of their way to save money. Bitcoins cost more.
-The average consumer will usually pay a little extra to have convenience. Bitcoin is less convenience and more hoops and complications.

I just cannot see any reason for the average consumer to use Bitcoins. Until average consumers start using Bitcoins they will just be an experiment and a small speculative bubble.

I have my personal reasons, I am interested Bitcoins them as a tech person, speculative investor and person that follows evolving treads and markets. I am just struggling to see any.. benefits for the average consumer at this stage.  
If you cannot see the benefits that is because you don’t want to see them, you can buy stuff from amazon in purse.io and get a discount between 10 to 20% on your purchase, if that is not enough for the average person especially when you add the fact that bitcoin goes up in value periodically then I do not know what to say to you.
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Board Bitcoin Discussion
Re: Two major darknet markets go downBitcoin still looked at as root cause of these?
by
South Park
on 21/07/2017, 16:39:30 UTC
First the AlphaBay goes down earlier last week.

Then they have shutdown Hansa just yesterday.

What are the views of these two darkweb/darkmarket sites going down have on bitcoin?

It is being viewed when the infamous Silk road was taken down and bitcoin was to blame for it going on for so long?

Some time has passed and there does not seem to have an effect on bitcoin, while in the past a big source of the demand for bitcoin was impulsed by the dark net markets this has changed dramatically as more people have got into bitcoin now trading and gambling are way more important than the dark net markets.
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Topic
Board Bitcoin Discussion
Re: What are your plans with your Bitcoin?
by
South Park
on 22/07/2017, 17:55:03 UTC
I do not think that I will get into trading any time soon. I am currently holding onto as many bitcoins as I can and waiting for a profitable price increase where I will sell all my coins.
I have made a small investment in ethereum and I have to say it is going quite well so far. I am just building up as much as I can at this time and waiting.. waiting..

On the side I am building up my bitcoins through selling my services as well as doing the signature campaigns.
You don’t have to be a trader that trades every day, you can wait for opportunities when the market is very clearly bullish or when it is clearly bearish if you do that then getting some additional earnings is not as difficult as you may think since you will be making very safe trades.
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Board Bitcoin Discussion
Re: Is bitcoin is the new era of currency?
by
South Park
on 22/07/2017, 18:40:53 UTC
The new era of currency must be perfect (at least for now), the increasing number of users making transactions expensive and slow so I'm not sure bitcoin is the new era of currency.
I do not know where you get the idea that a new era of currency needs to be perfect, bitcoin is an experiment and like with every experiment you do not know what it is going to happen, fiat money was an experiment too and in a way it still is and we have seen what happens when it goes wrong, hyperinflation.
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Topic
Board Gambling discussion
Re: Getting started with sports betting!
by
South Park
on 23/07/2017, 18:41:38 UTC
   I plan to start with sports betting. I know there is many threads about betting on sports here, I read most of them, but I`m interested in which site have the minimal bets.
   -Cloudbet.com
   -Sportsbet.io
   -Nitrogensports.eu
   -Betcoin.ag
   -Lunarbets.eu
   -Directbet.eu

   All this sites are looking great on first look, but I don`t wish to register on each one of them just to check how much is the minimal bet. I also wish to ask how much is your minimal bet per match or per betting slip (did I say this good? I`m not so familiar with some sportbetting terms in english, when I stuck on something I will ask for specific words or terms in the future), and do you bet more on goals, half-times, results, or name it yourself.
   I`m looking forward to read everything you have to say about this.
 
For me nitrogen sports  is a good one to with sportsbet. Because you can play there at the
Minimum amount of 0.001 sats. Aside from that you will enjoy while doing play the sportsbet than any games.
I think you mean 0.001 BTC right? There is not such a thing as 0.001 satoshis since the satoshis are the smallest unit of bitcoin, maybe that could change in the future if bitcoin becomes incredible valuable but at this time there are not fractions of a satoshi.
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Board Altcoin Discussion
Re: Bitcoin Cash: A fork is coming after all
by
South Park
on 28/07/2017, 17:03:39 UTC
Is this 100% confirmed, I have read so many conflicting reports on whether or not there is still going to be a fork.   I was hoping that there was not going to be a fork.

I guess if we have to have a fork, then 2 forms of bitcoin I guess could be ok, but any more than that would make the entry point so much more confusing for the common investor.

People already have a hard enough time grasping what bitcoin is and how it works.  To add another layer and have 3-4 different bitcoins would be no bueno for bitcoin.
The fork is going to happen, people were worried about a fork due to the incompatibility of the proposals but BIP 91 fixed that, now the issue is that this is a deliberately action by some miners and an exchange to fork bitcoin so there is nothing to do, since anyone can create their own fork at any time.
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Board Economics
Re: What must happen so that cryptocurrencies are less volatile?
by
South Park
on 03/08/2017, 19:02:34 UTC
What would it take?

Does the volatility settle if certain amount of merchants accept payments in crypto? Or should there be more people that would get paid in crypto? OR should there be a cryptoeconomy where people and businesses get income in crypto and spent the crypto?

Furthermore, could the volatility be even solved? I mean of more and more people are getting into Bitcoin, when would such demand cycle cool down?

I would like to know the economics behind it.

I think bitcoin's volatility can't be removed unless all the bitcoin was mined. Even if many merchants and stores are accepting bitcoin the volatility will still be there as I've said unless the bitcoin is not all mined we still don't need to problem the volatility. Why just don't we use this volatility into our advantage.
Yeah we could really use the volatility of bitcoin some of us really do take advantage of it,
They are the ones whoa re investing while the price is dropping down and selling them when it goes up again,
So I really think the volatility of the price isn't really a bad thing.
If you are good at that then bitcoin is the perfect market for you, I know very well that I suck at trading that is why I prefer to stay out of it and I’m just a holder of bitcoin, but if I had the skills I will join all the people that are making fortunes by trading in bitcoin.
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Topic
Board Bitcoin Discussion
Re: Why people are holding Bitcoin?
by
South Park
on 03/08/2017, 19:00:30 UTC
My wife wanna travel with the money i can get from bitcoins, i told her this investment i wont moove until 2020, the next bitcoin halving where i do expect bitcoin around 5000 dollars or even more, she doesnt care and we had discussed, i dont wanna to use my coins, since i believe it will be more valuable over time, my childs can take advantage of bitcoin on the next 5-10 years.
Money is always a difficult topic to discuss with your partner but you need to try to make her understand the importance of what you are doing, you can use your bitcoin to obtain short term benefits or you can use it to obtain long term benefits, if you explain things to her, maybe she will understand.
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Board Gambling discussion
Re: What is Your Favorite Gambling Game?
by
South Park
on 05/08/2017, 21:47:12 UTC
Name only one. Which is your favorite gambling game, if you could play only one?
I like craps a lot, it is one of those games where things can change at any minute with a roll of a ice, and things really get very exciting when a roller is hot and beings to pull the right numbers, if you are lucky it is not strange to start with low denomination chips and end the evening with the highest denomination chips.
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Board Speculation
Re: Should I invest On BITCOIN right Now or Later
by
South Park
on 07/08/2017, 17:22:20 UTC
I think you can invest now, now the bitcoin price reaches $ 2700. Predicted the price of bitcoin will rise up to $ 3000 this month. So this is a good opportunity if you want to invest your bitcoin.

Yeah the current price can be treated as an good price to buy bitcoins as very soon we will be seen the price of $3000 so if you buy now then you can make good profits by selling it at that price which will give you best profits in short time.

I agree, in the last hour already up about 30 euro's. Looks like the uptrend started.

Yup price is increasing slowly now so lets hope it crosses $2800 once again today but the best price to sell bitcoins would be around $3000 or higher so I will be holding my coins till I don't see that price on the chart and once it gets there I will start selling my coins.
Prepare yourself, because at the moment the price of bitcoin has pumped above 3200 dollars and it does not seem it is going to stop anytime soon so you need to be ready to trade since it seems interesting times are ahead of using our search to make money trading bitcoin.
If you want to buy bitcoins,better buy it now since price is already $3250 and there is no sign of price fall now and if you delay more,then you may surely miss the train.On the other hand,if you want to sell bitcoins,then better wait as much as you can since its price is going to skyrocket.
As stated the price has reached a new ATH and once again the price is moving forward. This is not that easily affordable by common man who make a living through a day job. Also there is no sign of price drop in the short run. So the investment time has been missed and none is sure when the price fall happens as the next special event is the halving that takes place only by 2020.
We do not have to buy a full bitcoin, as long as you buy a meaningful amount for you then you are fine, if you can only afford to buy 0.1 then do it since the price is not going to wait for any of us anymore, we need to get as much bitcoin as we can right now or we are going to miss big earnings in the future.
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Board Bitcoin Discussion
Re: regret by not believing in BITCOIN?
by
South Park
on 07/08/2017, 17:09:56 UTC
who among you here heard bitcoin back in 2009 and 2010? I was one of the people who is very skeptical about it and I really regret it. Sad I missed the best opportunity for a lifetime.
You missed the boat with bitcoin, most of us did, now is the time to buy bitcoin since it is going to go very high in the near future but if you want to try your luck you can invest in a new altcoin and try to get  similar results to the ones that you could have gotten with bitcoin if you had invested back in the day.