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1021  Bitcoin / Bitcoin Discussion / Re: Is there a chance Satoshi is dead? Car accident, heart failure, ect on: February 11, 2017, 03:46:57 PM
If FBI or CIA was eager to find who the hell satoshi is, i am pretty sure they would identify him in a very short time.

In fact, either they already know who he is or there is no need for all this because they are (USA) satoshi.

Do you really think that an anonymous forum account would protect you from the FBI? What about the other admins? If the FBI knocks (or knocked) their doors, they would sing satoshi's identity like birds.

He dead? I don't think so.

Well, considering that satoshi supposedly always used Tor to enter this forum, all they would get from his posts are Tor ip addresses, which means the FBI would have nothing work with.

Even if he used his normal internet connection, most ISP delete logs after a couple of years (but again, I think he used Tor)

Therefore they couldn't catch him.


Nobody seems to have a good answer to where Satoshi has gone and why he and his coins have not been seen for years.

I can think of only a few reasons why that might be.

1. He wants btc to succeed and knows spending his coins will cause a massive panic.
2. He is already rich and has no need for more money.
3. He was hired/tagged by an agency or institution and is under NDA.
4. He is sick of btc.
5. He hates attention/spotlight and does not want the leadership role.

What if the answer is even simpler? He had a car accident / heart failure and died. His wallets are lost and therefore never spent.

This is so much more reasonable and probable than "satoshi is an AI" or other crazy theories here. It's sad, but I think this might be the truth.

The chances that he is dead are rather high. He could have been the guy that had that terminal illness and got his body cryogenized, and he was the first miner and the person to recieve a transaction from satoshi himself, I forgot his name, how was it?

Even if he isnt that guy, im pretty sure he could have been another guy that is now dead. That, or he forget his keys, lost them, or he is a hardcore long term holder.

I think the name you are looking for is Hal Finney.
1022  Alternate cryptocurrencies / Altcoin Discussion / Re: New video: Ardor Pumpin, Byteball Jumpin, Bitcoin Dumpin on: February 10, 2017, 07:26:13 PM
You didn't made a video when you sold your bitcoin positions and then the price pumped over $1000.

Sorry but you fucked up. You can still buy back before we go 4 figures again. There is no altcoin that can take the #1 Bitcoin's spot.

Also lol at quoting an old ass Mike Hearn experiment when he dumped his coins when they were like 400 dollars. Mike Hearn is one of the biggest losers on the game.


Nope, I got alts from Blue Magic in exchange for my last Bitcoin, alts that only in 1 month went up quite nicely vs bitcoin. But this is too short a time frame, I would say the jury is still out on that move.

Mike Hearn did not time his exit from Bitcoin well, I agree. But he's an engineer, not an investor, you might want to take that into account when reading his article.

His article doesn't say anything remarkable. Just a ragequitter because his stupid bitcoin XT powergrab hard fork attempt didn't work.

What I want to know is why are you buying other cryptos? If you think bitcoin is flawed and "doesn't scale", how can you buy other cryptos that obviously will have the same problems if they ever get anywhere notable in terms of usage?

Bitcoin has a roadmap to scale, and has the big network effect, has tons of people working on it.

Im the first guy searching for the alt that makes me an overnight millionaire in some of those huge pumps, but im not stupid to believe any of those alts will take bitcoin's #1 spot, because they can't.

Unless someone clearly came out with a coin that:

1) Is as strong as bitcoin (backed by the biggest amount of computer power on earth)
2) Scales onchain to global levels of transactions per second
3) Maintains a fast speed and cheap fees while doing so
4) Doesn't have any of the major problems that other algos have (nothing at stake for PoS etc)

Then I would buy that thing like crazy. But guess what: That does not exist, and BTC + LN is the best thing we have nowadays.
1023  Alternate cryptocurrencies / Altcoin Discussion / Re: New video: Ardor Pumpin, Byteball Jumpin, Bitcoin Dumpin on: February 10, 2017, 06:23:16 PM
Enjoy Cool

https://www.youtube.com/watch?v=U36xlrV9Ko4


Summary:

Tomorrow new Byteball distribution! Talking how centralized Byteball is, as well as Bitcoin, vs decentralised Nxt/Ardor/POS solutions. And how bitcoin forking into 2 coins would be good for it's overall value. Check out Mike Hearn his article: https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.kq9na7jpe

You didn't made a video when you sold your bitcoin positions and then the price pumped over $1000.

Sorry but you fucked up. You can still buy back before we go 4 figures again. There is no altcoin that can take the #1 Bitcoin's spot.

Also lol at quoting an old ass Mike Hearn experiment when he dumped his coins when they were like 400 dollars. Mike Hearn is one of the biggest losers on the game.
1024  Alternate cryptocurrencies / Altcoin Discussion / Re: How to buy USDT? on: February 10, 2017, 04:23:54 PM
I have only USD with me and want to buy USDT. I do not have any BTC nor any other cryptocurrency. Since USDT is accepted widely I want to buy it but how do I convert USD. Whats the best way to proceed and could anyone share their experience with tether.to?

Kindly guide me.


What do you mean by "USDT" accepted widely? you mean accepted as in accepted to buy other cryptos? because I dont know a single business accepting USDT for payments.

Im not sure but I think the only exchange with relevant USDT volume is Poloniex:

https://poloniex.com/exchange#btc_etc

Im not sure about any way to buy USDT directly with USD, so simply buy BTC then USDT if you want USDT.
1025  Economy / Gambling discussion / Re: How hard is it to start a new dice game with this market? on: February 10, 2017, 03:47:28 PM
I would like to see more skill based games like the one in battlecoin.org or the one that some guys are developing that is a multiplayer tank game... I want to play and have fun, I don't want more dice games to be honest, there are tons already, so unless you can deliver some killer rates, it's going to be hard to get popular, so when a market is cornered, you have to be creative.
1026  Economy / Gambling discussion / Re: Investing in casinos on: February 10, 2017, 01:45:35 PM
I would like to invest in a casino business that gives me dividends, it's the only way to always win on a casino... to invest in a successful one. If someone started a casino of bitcoin in vegas or something, that would be cool and I would visit it too. I think no online casino is offering an investment plan with stocks that pay dividends.
1027  Economy / Gambling discussion / Re: How hard is it to start a new dice game with this market? on: February 09, 2017, 07:27:16 PM
If you want to start advertising, I would recommend a signature campaign here, some people get a lot of traffic for their services by starting signature campaigns. Give people a good paying per post rate and im sure you will see a lot of traffic going on your site, which is great to rank better in google.
1028  Bitcoin / Bitcoin Discussion / Re: So who the hell is still supporting BU? on: February 09, 2017, 01:45:07 PM


easy way to achieve this, is to have a 'speed test mechanism' built into an implementation.

knowing in the code you can see the time your node asks for a new block. and when it validates the block it knows the time of that.
so it can use these two milestones to set a 'score'.
EG
if a block can be requested and validated in under say 120seconds. (2minutes) where over say 2016 blocks= target 241920score.
if the node can get a score BELOW(meaning faster than) 241920 over a 2016 block period. then it can easily handle block validation

this score can be part of the nodes user agent/metadata. thus easy to get stats of the network. to see what is capable by the nodes

Whatever you want, but it should be automated.

I would love to see an automated code, with automatic regulation functions.

Decentralization is not enough to remove the middleman. We need to remove all human interaction, and make it 100% automated.

Otherwise we get corrupted by human flaws (greed, malice, stupidity,etc..)



You can't automate everything, there have to be certain solid rules. 21 million coins, why? because it's an artificial limit we set (a rule). Same goes for blocksize etc. Rules need to be set, and to change them consensus need to be reached. As of right now, there is no way to automate the blocksize without it resulting it nasty vector attacks. That's how it is.

The only people supporting this BUcoin disaster are paid Roger Ver shills, wannabe forum shitposters that think they are smarter than Core devs yet they have no code to show, and naive clueless users that think fast, cheap, big volume onchain transactions with no tradeoffs are perfectly possible with the magic of BUcoin.
1029  Bitcoin / Bitcoin Discussion / Re: When will we have a Block size increase? on: February 08, 2017, 05:31:17 PM
So, everybody knows the Bitcoin network has a serious issue to solve. Meanwhile the fees cost is going higher and higher and that could sign the death of Bitcoin. We all know that the best solution to that is a block size increase, but when is that going to be implemented???

Everyone in Core except a single member wants to raise the blocksize, but every expert including Andreas Antonopulos, has advised against raising the blocksize without activating segwit first, because doing so would lead to a ton of different attack vectors:

https://twitter.com/aantonop/status/733702311306887168

Therefore, you can thank the miners that don't signal for segwit for not getting a blocksize increase.
1030  Alternate cryptocurrencies / Altcoin Discussion / Re: Is there any point in holding any altcoin right now? on: February 08, 2017, 04:28:24 PM
As we know, the king Bitcoin, mother of all crypto, is on a very stead bull rise. This time is not like 2013, the uptrend is slower, more controlled, and sustained over time. Ever massive selloffs like the few ones we have seen due the shady chinese government PBoC press releases, cannot stop bitcoin from going up. It always recovers stronger than before. All you have to do is keep buying all those dips.

The question arises: What's the point of holding alts? Not a single altcoin seems worth holding when BTC performs this good. Not a single altcoin is revolutionary enough to be a serious #1 contender. So what's the point in any case? might as well go all in on BTC.

Hold bitcoin in your crypto portfolio and along with it add ICN tokens or Iconomi. It has a diversified fund with 15 % in bitcoin and the rest into the top 8 to 10 altcoins such as dash, monero, steem, ether, etc. Also there is a chance to see it rallying in the coming weeks once the team announces some updates. And did I mention about getting dividends? Wink

Iconomi is an Ethereum token. What will happen when the next Ethereum hard fork/disaster happens? I wouldn't feel very confident holding such a token long term.

Also, what makes you trust that those people are good investors and will make good picks and not run with the money?

How do dividends work? you get paid in ETH? what wallet do you need to get paid? how many ETH per ICN being held you get?
1031  Alternate cryptocurrencies / Altcoin Discussion / Is there any point in holding any altcoin right now? on: February 08, 2017, 03:59:43 PM
As we know, the king Bitcoin, mother of all crypto, is on a very stead bull rise. This time is not like 2013, the uptrend is slower, more controlled, and sustained over time. Ever massive selloffs like the few ones we have seen due the shady chinese government PBoC press releases, cannot stop bitcoin from going up. It always recovers stronger than before. All you have to do is keep buying all those dips.

The question arises: What's the point of holding alts? Not a single altcoin seems worth holding when BTC performs this good. Not a single altcoin is revolutionary enough to be a serious #1 contender. So what's the point in any case? might as well go all in on BTC.
1032  Economy / Gambling discussion / Re: How hard is it to start a new dice game with this market? on: February 08, 2017, 12:03:29 PM


 I mean there are hundreds of bitcoin dice games, there are tens of known ones. Everyone plays at the same places.

 If you were to start a new dice game, how could you attract people to play on your website?

 I was thinking about starting a moneypot based casino with dice, hi-lo and so on but I am not sure if I can attract people to come to my casino. How can you do that?

Probably very hard, you would need to give people an extra incentive to visit your site and gamble there and not in other more established places, so you must give people an hedge. The site has to be better, better deals and more good looking than the competition, and invest in advertisement.
1033  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Follow Cryptsy investigations at /r/cryptsyinsolvency on: February 07, 2017, 05:02:09 PM
The most recent report hilarious.

1. Vernon and his ex-wife bought a house for $1,374,000 with user funds (paid cash).

2. Then he bought here a $104k diamond ring (user funds).

3. He bought a Infiniti QX60 that was liquidated for $26,000.

4. He had over $3MM in a personal Coinbase account that he liquidated into his personal bank accounts.

The best part is Vernon is still selling user accounts onto the black market.

So funny. He literally had a license to print money. He could have probably covered all hacking losses on profits alone (assuming there was ever a hack in the first place), but he had already sucked the exchange dry.

Honestly I don't feel bad for the victims here. Everyone knew what happened to Mt. Gox. If you kept funds in an exchange you were taking the known risk.



Damn, is that confirmed? $104k for a god damn diamond? that's crazy. Im lucky I never hold many coins on exchanges other than altcoins, but I had like $50 dollars in bitcoin in cryptsy. that I would like to get back.

That fucking big fatass would get dropped quick if I had it in front of me. How can he be such a scammer? Most people dream about having $100k in savings, and this guy blows it in some stupid diamond.
1034  Economy / Gambling discussion / Re: lucky ! does it influences by a woman beside of us? on: February 07, 2017, 04:23:38 PM
No I don't think having a woman beside you gives you more luck unless maybe in poker your opponents might screw up if the girl is really hot & they're too busy staring at her, not fully concentrating on the game.

If she is hot it can not only distract others but distract you too, so it's just nonsense. Luck is luck, the mere definition of luck means that you can't control it doing anything. There is nothing you can do, so being with a girl or not has no impact on your luck.
1035  Economy / Gambling discussion / Re: U.S. Taxes on Bitcoin Gambling on: February 07, 2017, 03:29:47 PM
As far as I know, in the US you don't have to get anything taxed if you are not making at least above minimum wage.

I wouldn't bother to even check how it works unless I was making above minimum wage.

Just keep making gains and when you make above minimum wage just the gov webpage or just keep storing it in bitcoin and don't cash out, put them in cold storage for 10 years and you will be rich.
1036  Bitcoin / Bitcoin Discussion / Re: Who to blame for the increasing transaction fee? on: February 06, 2017, 07:21:43 PM
You are difinitely correct, SegWit helps to increase the block to the suitable size, but only 20% miners agree with it, the left miners are so selfish, if btc tx is so slow, users won't use it at all, miners will cry, they are too naive to refuse SegWit.
More than 20% and those miners who lingering just wait to test in on Lightcoin.


Litecoin activating segwit is unfortunately not a viable test-scenario, so I don't know where people are drawing conclusion from this.

In any case segwit is safer than BU, it is the next logical step. Bitcoin's segwit is way safer than Litecoin's. In fact, if something goes wrong on Litecoin's wegit, im sure the big blockers will use it to further add more FUD into segwit.
1037  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think "iamnotback" really has the" Bitcoin killer"? on: February 06, 2017, 06:02:49 PM


That's right. You never know what might be spawned here in the altcoin forum. So far its been big fat turds although there have been a few small diamonds. Sooner or later someone is going to crap out a big one(diamond). But if they do no one will buy or support it because its good and not a scam. We like scammy shitcoins best.


I disagree, i dont know who you mean by "we", but I dont like scammy shitcoins. I think there was decent promising projects, people would naturally invest on those. Yes we like getting rich and to speculate, but why not invest in something that can make you rich because it's something good and not by pure luck?

If a project has some good foundations it is also more likely to make you rich than a random low volume p'n'd.
1038  Economy / Gambling discussion / Re: Tennis League All Thread on: February 06, 2017, 03:55:51 PM
Well I would have never counted Roger Federer out, he is a future hall of famer and a legend in the sport of tennis, so I would never be that surprised of him winning against anyone including Nadal. But yeah it's pretty dificult to guess the outcome of matches but it's all about odds. Nadal had the better odds but that doesn't mean Federer couldn't win.
The pre-live odds depends on how people bet actually , if more people bet on Nadal then the odds for Nadal keeps decreasing and odds for Roger keeps increasing . Its not complete analytics , its how majority of people think and act .

Yeah its a lot of herd mentality approach too, but ultimately this is useless and misleading. I was talking about odds.

This is like technical analysis vs fundamental analysis. I think technical analysis is useless most of the time, but sometimes due the herd mentality, it can become a self fulfilling propecy. Maybe if the players look at the odds they get influenced by it but I doubt it since they are top profesionals with strong minds, so I think it's better to look at the fundamentals and forget what other people are betting, so bet on the players and their performance and health status and not bet because the majority is betting a or b.
1039  Economy / Gambling discussion / Re: Tennis League All Thread on: February 06, 2017, 02:46:45 PM
It was the final I wanted, Rafa Nadal vs Roger Federer, what a classic match, unfortunately I lost money because I went for a Nadal win, but at least I had fun watching the match, you can't always win... it was really close.

Considering Rafa is still 30 and Federer is 35, it proves Rafa has at least 5 more years to become number 1 again with realistic possibilities.
Well yeah many would have gone for Nadal to win the match as he was in ultimate form ( Better when compared to Federer ) but Roger just gave his 100% and luck favored him many times but it was one hell of a match and a fantastic final . Happy for Roger and as you said Nadal still has time , I am sure he will get to top soon.

Luckily I didn't gamble a lot of money on the match. It's also really interesting to look forward for more Federer performances. He is 35 already and rich as hell, has demonstrated that he can still win major tournaments, so we will see if he has the motivation to keep playing at top level.
I wish i would have waged a small amount of money at the beginning of the Australian open as no one expected or predicted this to happen in 2017 and the tennis world started off with a surprise with Federer winning the tournament and Venus Williams reaching the finals and facing Serena Williams.  Roll Eyes
Well after Federer won the tournament he stated " I didn't expect to be here playing against Nadal in the finals " so yeah not only the gamblers , experts , the players themselves didn't expect it . Can't say the same with venus though as she is in good form and there were good chances for her to reach the finals.
Not only gambling, the games too happens based upon luck. No one could have thought that Nadal loose the match. And Venus Williams reaching final too is unexpected, because she is quite not stable in her play. On the consecutive match after final have lost to Mladenovic without winning even a single set. All forms of gambling or anything luck is necessary if he or she is a good player too.

Well I would have never counted Roger Federer out, he is a future hall of famer and a legend in the sport of tennis, so I would never be that surprised of him winning against anyone including Nadal. But yeah it's pretty dificult to guess the outcome of matches but it's all about odds. Nadal had the better odds but that doesn't mean Federer couldn't win.
1040  Economy / Speculation / Re: BTC is smiling at us :) on: February 06, 2017, 01:31:54 PM



This must mean something!

Indeed, 2017 is the year where get rich as fuck. Also most importantly, notice how the rise of the 2013 1k+ peak is really steep compared to the current rise which started in 2015. So we have a controlled slow rise, which means this time the price will go way higher before any big correction happens. Shorters will get smoked.
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