You need someone to be willing to buy an ultra-rare coin.

So, they might be more a liability than anything else. Seriously.

Who is the creator? Jordan Wong is referenced in there interviews. I'm not able to find much about him nor the email he gave.

I found someone from UC Berkeley who might be capable of this.

I'd like to know who I am trusting my money with!

And as I read this, your post count is 63, not 62 as it would be after this post -- right?

Not sure if you are in contact with Milo about this but I just sent this to his email since its hilarious.

Hi, looking for $18 via pay pal, happy to send as a gift and go first.

Because we can use localbitcoins to hold it in escrow. Someone seems angry.

I have no trust on here but I am willing to trade you if you go first. You have no trust on here either so....Anyways, yeah. No shot in hell anyone is going to trade with you first.

Don't go making declarations of who will take the risk when you are the one trying to make the offer.

A losing strategy for losers? Is there a better roulette strategy? -- And it fails in roulette bc there is a min and max bet. There isnt one on freebitco.in

If you look at their script it seems fair. However you could be right. I have had some luck with it however.

So at the risk of having this entire little game of mine ruined I would like to share with you something that I discovered that some others might have discovered as well.

Please read this whole post before attempting this.  I take no responsibility for any losses if you do not follow the methodology within this post.

First what you will need:

1. A membership at http://freebitco.in/#  -- If you are feeling nice please use this referral link to sign up: http://freebitco.in/?r=188619
2. A notepad or OneNote -- Something easy to keep track of numbers on.
3. One free roll or btc already on the account.
4. Patience

Things that will make you fail:

1.  Greed
2.  Not adhering to the methodology
3.  Trying to increase the #s used in some formulaic approach


The Strategy at A Glance -- Have you ever played Roulette at a casino? If you bet red or black you have just under a 50 percent (47%) chance of winning.  Now if you bet 1 dollar on black on your first spin and won you would be awarded 1 dollars.  But if you lost you would be awarded negative 1 dollars.  This means that if you make the same bet on black again you only win back your previous loss.  But if you bet two dollars, you win a dollar and you net a positive.  This is a form of hedge betting and can be done in most games with a 50 percent chance of winning in order to get close to 90+% percent chance of winning in the long run depending on how big your initial stack is.  Chance is still a factor and there is a slim chance that black just never spins. In roulette the odds of black not coming up 10 times in a row is about 1/10,000.

So what the hell does this have to do with winning BTC?

At freebitco.in there is a feature called the money multiplier that can be taken advantage of with this exact strategy. The best part is, sine they give you free bitcoins every hour you can literally utilize this feature to no end at no cost. Unlike in a casino you do not need to worry about bringing your own money to the table.

How to do it:


(1) First, make and account at http://freebitco.in/?r=188619  (THIS IS MY REFERRAL LINK - if you want to sign up without me gaining anything the link is provided at the top of this post) Do not make a second account. This will ban your IP. If you already have an account use it.

(2) Second, use the free bitcoin feature to earn your starting stack.

(3) Click on "MultiplyBTC" at the top of the page it is to the left of the yellow "Refer" link

(4) Make sure the red slide bar is all the way to the left (x2)

(5) Bet the smallest increment allowed.

(6) If you win, Bet the SMALLEST bet again.

(7) If you lose, on your notepad or where ever you are keeping track write how much you have lost since you last won.

( Bet the exact amount that allows you to win back your loss and make a marginal increase to your loss  EDIT: damn emoticon ruined my formatting but at least its the cool one!

(9) If you lose go back to step 7. and REPEAT 7 and 8.

(10) If you win return to step number 5 and REPEAT steps 5-9 again.

If anyone has any questions, comments, concerns -- Post here or tweet me @bmacdonald978 or @politicalwave I will be happy to assist and clarify!

Honestly it looks like they are riding the BTC coattails. Buying LTC would be more favorable at the moment, BTC will see a decline in the upcoming days. Todays spike was a pump and dump, yesterdays spike was a value speculation. Unfortunately the gains of yesterday will probably be wiped off by the abuse of today. Hopefully not though!

LOL. Not trying to forge any fear or doubt. I am warning people that today might not be a good day to buy in. I have seen lots of posts thinking that this will continue to rise in the upcoming days. If you are day trading the BTC, like I do, this will not be the case.

Today is a bad day to buy. Ignore me if you would like.

As for the volatility? I asked questions about how the btc will stabilize. Otherwise I mentioned nothing about volatility.  Please read the entire post if you haven't already, it appears you missed my point.

EDIT: Sorry -- I forgot to say Hi! This is my first post. I am eager to be a part of the community!

I believe that today's rise a classic pump and dump. I have proof that members of the ForEx market have been using bitcoin for pump and dumps lately. I know that they have done so in the past and I am sure that this is an example of an ongoing one.

I will later post on the info I have regarding the ForEx investors. It would not be prudent to do so at this time considering some ongoing trades that are currently in the works with other currencies.

If you look closely at most of the major exchanges today you will see one trend -- more people are selling than are looking to buy.

This says one of two things -- That those that held bitcoins as a short term investment are happy with their gain and are going to sell their investment off now and cash out.

Alternatively it could mean that a larger pump and dump is occurring.  Otherwise, a slight decline in demand or a slight increase would occur. What we see is a dramatic dump -- a twofold increase in supply.

Now, I understand there are many detractors from this theory and that it is usually met with a mix of outrage and denial by the bitcoin community. I have seen this on many forums and although I am a new member here, it is a common thought trend when a Pump and Dump is suggested.  

Personally, I see yesterdays spike as a true rise in interest and today's recurring spike as a classic pump.

Since the bitcoin exchange is decentralized among multiple marketplaces it is not hard to divide and conquer. A smaller pump across multiple platforms is both easier to pull off and harder to account for and recognize.

I mentioned that the ratio between sell and buy orders is quite high -- 2:1. This is bad for a continuance of growth and will lead to a decline in price over the next couple days.

So now my questions -- How many people recognize today's value increase as a pump and dump? Is there any way to avoid this vulnerability? How will the BTC stabilize in the future if it can forever be utilized like this?