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1'st rule of trading; sell for more than you paid + fees every time. A doubling of your money can take 6 trades in one minute or 3 months, that depends on the market being wild enough while you look at the ticker.
Trading is not hard, just take luck out of your calculations meaning don't trade on what you think will happen, BUT ON WHAT HAPPEND! Very important that last point, then you wont ever loose money on a trade.
Is it even possible to DOUBLE your BTC in such short time? Why not just save a bulk of your BTC for the halving and invest a minor (but significant) amount in trading? You can dabble in the market without the risk of losing too much but when you will get to upsell then the profit will be definitely a step towards your goal.Trading is not hard, just take luck out of your calculations meaning don't trade on what you think will happen, BUT ON WHAT HAPPEND! Very important that last point, then you wont ever loose money on a trade.
I wouldn't consider this a crash because there are many info about bitcoin's price. China is buying BTC so the price went up so fast that people become fear that this will be the next bubble so they will try to sell back. Just need some time for bitcoin to be stable 
Or you can sell now and buy back tomorrow when the price stabilizes. The Chinese are likely to drive the price down soon.If Bitcoin goes up very high should i buy a house?
Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage. Is that even a good idea though? - basically 80% of networth in a house hmmm. On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.
Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage. Is that even a good idea though? - basically 80% of networth in a house hmmm. On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.
Man when Bitcoin reaches these high value I swear you need to convert into fiat. You will be able to buy a house with Bitcoin!The seller will accept Bitcoin!
I earned from Signature campaign and selling a service.
Sometimes, I made a little profit from gambling and giveaway.
I made quite a sum with sig campaign, i know it takes time but then that is what i had a lot. Thinking of doing tasks tomorrow, sig campaigns will drain my brain if i do too much i think.Sometimes, I made a little profit from gambling and giveaway.
.1 btc is roughly 30 USD, which is doable easily by doing one or more programming jobs.
It is practically free, just requiring a computer and free software in most cases.
Is there any thing as a free meal? Instead of finding ways to make 'free' BTCs why not invest time/resources (and a small amount of money) to start a service that will pay you in BTCs. There are so many out there.It is practically free, just requiring a computer and free software in most cases.
I'm always weary of any regulations about bitcoin. Nonetheless, it is nice to have a few regulated companies to buy and sell btc/usd from.
Of course, nothing is going to prevent a mt. gox like situation though.
I think AML/KYC are just excuses to keep the smaller ventures away from the main competition (monopoly anyone?). At times the rules and their rigidity can mean hindrance more than facilitating. Most times they just make it harder than ease your transactions.Of course, nothing is going to prevent a mt. gox like situation though.
For more experienced traders (or at least some experience) there. Which would be the minimum to invest in order to have a chance to profit from trading? I would like to start as low has 10k satoshis, but as I have seen, many exchanges have minimums and minimums fees and that does not feel reasonable.
Let's say that we put a goal to earn 20k satoshis a day (on average) from trading... How much would you see you have to employ to achieve that?
You like trading with alt-coin ? Let's say that we put a goal to earn 20k satoshis a day (on average) from trading... How much would you see you have to employ to achieve that?
My advice you can start with higher amount like 0.01BTC or higher and your goal 0.02BTC a day.
Because 10k satoshis is to low to start trading and it is easier to lose.
Real simple, start trading here. Seriously though, maybe :
1) Invest in a gambling site, because of the house edge you'll win in the long run
2) Have a look at this post, as I'm not going to repeat something already said https://bitcointalk.org/index.php?topic=1153888.msg12165431#msg12165431
If you really dont want to trade anymore just invest somewhere online. Gambling sites are sure profit-makers. You can start your own mining (if you have the time and can afford high electricity bills). Or if you feel better about it, buy a piece of real estate. The price of real estate will not go down for the foreseeable future. Best of luck for whatever you decide!1) Invest in a gambling site, because of the house edge you'll win in the long run
2) Have a look at this post, as I'm not going to repeat something already said https://bitcointalk.org/index.php?topic=1153888.msg12165431#msg12165431
The buffer overflow bug was something I had been experiencing for a while, it would cause my client to crash, glad to see that has been fixed.
Core is still randomly crashing for me from time to time, but I think that is because I run it on a very old system. I have not been able to pinpoint the cause of most of my crashes, and the log file doesn't give any clues.
Try increasing your RAM, maybe it should help? Also go for the latest version of Os (whichever one you might be using). Core is still randomly crashing for me from time to time, but I think that is because I run it on a very old system. I have not been able to pinpoint the cause of most of my crashes, and the log file doesn't give any clues.
I took the idea from here : http://cointelegraph.com/news/115582/poll-what-will-the-bitcoin-price-be-in-2016 (you can vote there and here if you want) .
I personally think they asked the wrong people but well ... tell us how much and why
I expect to see the price to rise between $400-$500 after December, and this is my personal opinion. I think we will see more people jumping on the BTC bandwagon as i have heard that more people are gifting BTCs on Christmas. Also the awareness and promotion growing among 'others' will help increase the value soon.I personally think they asked the wrong people but well ... tell us how much and why
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ?
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
I cannot say why ALL the people who dump their BTCs do so, however, the majority of them would be newbies and their unrealistic expectations. Maybe they think that as soon as they start trading their BTCs will double or triple. What they need to understand is that BTC trading is just like stock market trading. It has its ups and downs. I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
Re: Scammed 75 Bitcoins by Skype Scammer 'BankerBTC' - Community Beware
Are you sure that the guy who scammed you wasn't the guy who was dealing with that transaction?
Maybe the scammer and the buyer were the same people and you got scammed by someone you know.
Maybe the scammer and the buyer were the same people and you got scammed by someone you know.
From the reported scams it is clear, in each of his scam, BankerBTC has an accomplice. He does the BTC deal on Skype and his accomplice (or accomplice of accomplice) makes up the Facebook hack story and claims the chargeback from the bank/victim. They both profit from the scam. But, if the victim still has access to the accomplice who claimed the chargeback he possibly can save himself.
Re: Scammed 75 Bitcoins by Skype Scammer 'BankerBTC' - Community Beware
Hi, I am very new here. I am neither a regular bitcoin trader, nor a bitcointalker. But, for my love of the blockchain technology as a tech innovator, I got caught up in one of bankerbtc scams as a bystander. I signed up on this forum just to join this discussion, as input from member community might help resolve my case and compensate the pain that Ive gone through. 
In my case, the so called Facebook hack victim (bankerbtc accomplice if you may) who claims a charge back of USD 6,800, also made up the same sister friend Facebook hack story to the banks & law enforcement, threatening me with dire consequences. He actually met me face-to-face twice. As a good will gesture, I even shared with him all the real-time evidence of a perfectly legitimate bitcoin transaction as it actually happened, and even offered to share some of his losses. But now, on the hindsight, after reviewing the evidence, and looking at the pattern of this scam and its modus operandi shared by others on this and other forums, I have very little doubt in my mind that either this guy is an accomplice of bankerbtc, or definitely an accomplice of an accomplice. Otherwise why would an honest man transfer money on a Facebook chat to a lady and actually send it to the account of an unknown male, and do it not once, but twice (by adding an unknown person as a beneficiary on his account)? As this dispute is still live and on-going, I would appreciate more feedbacks/leads from members of this community who have any info on similar scams.
In my case, the so called Facebook hack victim (bankerbtc accomplice if you may) who claims a charge back of USD 6,800, also made up the same sister friend Facebook hack story to the banks & law enforcement, threatening me with dire consequences. He actually met me face-to-face twice. As a good will gesture, I even shared with him all the real-time evidence of a perfectly legitimate bitcoin transaction as it actually happened, and even offered to share some of his losses. But now, on the hindsight, after reviewing the evidence, and looking at the pattern of this scam and its modus operandi shared by others on this and other forums, I have very little doubt in my mind that either this guy is an accomplice of bankerbtc, or definitely an accomplice of an accomplice. Otherwise why would an honest man transfer money on a Facebook chat to a lady and actually send it to the account of an unknown male, and do it not once, but twice (by adding an unknown person as a beneficiary on his account)? As this dispute is still live and on-going, I would appreciate more feedbacks/leads from members of this community who have any info on similar scams.
You say the dispute is ongoing and you are in communication with the scammers accomplice who is claiming the charge back by pretending to be the victim. Well, just see if you can get the transcript of his Facebook chat. I am damn sure you will find clues that will establish exact same scamming pattern as in other Facebook scams reported on this scammer.
Re: Scammed 75 Bitcoins by Skype Scammer 'BankerBTC' - Community Beware
In a similar situation I filed a police complaint against the bank, and the scammer / scammer accomplice just disappeared and bank released my money. Thats the best approach because banks would do little to help the situation.
No ,bitcoin is not dead.
Bitcoin is more appreciate and use.
Now you can buy with bitcoins,you can bet with bitcoin,etc.
Bitcoin is more appreciate and use.
Now you can buy with bitcoins,you can bet with bitcoin,etc.
I Agree Still a long way to go. Just because of the prices are fluctuating it doesn't mean that it is dead nor it would be in the coming future. And the best thing is there are multiple advantages of holding bitcoins like shopping,gambling,online transfers,phone recharge etc.
That is exactly what I feel. Bitcoin is going through a few problems right now , and since a while, and will go on for a few more years sadly because it is still developing . Problems like media interest decline, price deterioration , mining issue , bitcoin security being a complete disaster , etc. But it is gonna be the most reliable and promising investment in the future, and the best thing is that it has multiple benefits even now. like world transactions , payments, no need for currency conversion, gambling, etc.
There going bankrupt and they'll probably sonnet or later start using bitcoin
they have other 3 years of fund from the central european bank, they have their ass covered for now, but they need to plan all the changes to be done to fix all the issue with their country, so taxes, pension ecc...
they will not use bitcoin, no governments will adopt bitcoin, the only people that can do it are the citizens and not a single entity like a government or banks...
Exactly. What has happened is poignant. They have compensation for the moment from the central bank , but it will take a long time for them to cover all the damage that has taken place. Of course ,bitcoin is not a viable option for them, not for the people for now nor for the government or banks which is kinda never gonna happen. (for the banks ) to adopt BTC.
Re: Why on this earth most of the post only related to Greece Crisis ?
Guys, limit your posts related to Greece crisis, I am seeing 80 percent of the post posted in various threads are only related to Greece, those posts are mixed with few facts and mostly propaganda, Greeks know very well how to handle their crisis and they are talented enough to take care of their own problems.
If they knew how to do that they wouldn't be in this mess in the first place would they?Exactly , man. All I see everywhere is posts about Greece. I guess it is because it is the ''new big thing'' right now . People like to talk about the trending stuff.Give it a week or two . Time will pass and a new thing will come up. Btw , This thread is bringing up Greece again lol . It will just turn into another Greek crisis thread.
Is it really a problem if people are talking about Greece? I'd be rather seeing those posts, and taking part in such discussions than having to deal with the everyday FUD. I guess it is just something that is interesting to many and it is likely to have an affect on Bitcoin (it already has).
ok first of all, the OP and i are emphasizing on the point that the posts about Greece EVERYWHERE are annoying. more than 80 percent of the posts are about greece. I'm not saying do not discuss about it. But there is a llimit. It has been discussed about a lot and it needs to stop. I think the threads have come up with enough solutions for Greece for a lifetime. There are many other topics to discuss about.
I think you fantasize money more than success and you want to find out a cheat code to success and cheatcode to life rather than working your ass off for it. Yes, a lot of people talk about how hard work is necessary but more than hard work, I think smart work is necessary. Making cool, complete and WISE decisions will land you a fortune, better relations and eventually, a better life. SMART WORK over HARD WORK.
Exactly. Working smart is always better than working hard. The synthesis of both of them will be even better. But the essential thing here is to value success more than money. Money will come and go. success is always followed by money, (professionally speaking) . Rather than spending your entire lifetime buying or developing time machine , spend your years , working hard and smart on the right things.
Lock your money up so you won't change your mind and try to spend it all
Unless people have a stable lifestyle , where they do not have to worry about the month end's budget, they don't need to worry and lock up the money. unless the people are very tempted and obsessive shopoholics or big spenders. People need to learn how to manage money well, to make a healthy and comfortable lifestyle.
Fuck saving, go all in, in a smart way.
You will lose 90% of the time in the first 3-5 years.
Then you will start earning.
90% is too high and after losing for 3 to 5years the one may lose all hope and may never invest again.... I believe there has to be a small amount of money as financial backupYou will lose 90% of the time in the first 3-5 years.
Then you will start earning.
Exactly. Saving is an good idea. As if you have saved money you can utilize it at the time of emergencies. Whereas Investment needs a Capital and every person if not that financial stable who holds good captial for the initial investment So it is better to save at initial stage and once you hold a good capital invest it.
Investing at the right time in a right product is essential. saving is the most important part of financial management. And investing all in for 3 to 5 years and losing almost 90 percent of it is a very very stupid idea. It is like taking last weeks 12 tickets to the lottery in hope to get something. It is useless. You will lose all hope and money by then. saving is earning. Best option is to save 10 percent each month.