The truth about gaming licenses is the legal basis of a gaming license pertains to that specific jurisdiction. If you have a UK license for example that allows you to operate in UK Only, this specific license does not mean much to us but we obtained it for the reasons mentioned. Anyone who trusts a gambling website because they are "licensed" is silly because when you sign up to a (traditional) online casino you agree to often iron-clad terms and conditions which legally give the casino the opportunity to mess you over.
Absolutely agree here. At least Stunna is being pretty open about licences being used strictly for marketing - because honestly, that's what most casinos especially with Bitcoin/crypto want, the marketing. Licensing doesn't do any favors for gamblers online, least of all with Bitcoin. Casinos that are centralized require gamblers to trust in them. In general, we've seen over the years how many have indeed messed players over. You can easily google about former casinos with strict licenses that still screwed players when they decided to pack up. Unless we want to move to decentralized gambling, we have no choice but to trust the people we put our gambling money with. And licencing doesn't tip the scales in anyone's favor, definitely not for players! |
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There is a development running as we speak to make proper changes to Bitcoin. I think it has chances for a second life  But yes, when I see the speed of Ethereum development I cannot help thinking that Bitcoin is a bit slow... You should take a look at Github and compare Bitcoin to any other alt. So much discussion, testing, disagreement and different pulls and commits going on at a rate far higher than any other alt. So if it seems slow, it's because Bitcoin core are probably among the most cautious developers in blockchain. You have to understand that alts like ETH have Vitalik's vision to follow. Coins like Bitcoin must take into account any upgrade affects millions of users. Second life is right although I didn't think its first life was gone? |
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I value my privacy and loved Bitmixer.io but it is gone. What is the next best one that doesn't rip you off? Thanks..
I have used https://[banned mixer]/ it is started on more than one year ago, so it can be trusted and no complaint from the other users, it is simple, easy to be used, secure and cheap fees, cryptomixer is the best choice, for more information about the [banned mixer] can visit the website and they give the information about your question. I don't think cryptomixer is the best place to mix your coins simply because they are not popular enough for this purpose. the more popular a mixing service is, the more it is used and that means tracing the coins through these services becomes that much harder. but when rarely people use them, it may become easier to trace the transactions that go through them. I remember they started a long time ago and did it with a signature campaign on bitcointalk but because of lack of interest in their service they had to reduce the payment then eventually after a short while they couldn't handle the costs of a small signature campaign! That's a good point to make actually - the less popular the service, the easier it is to trace your associations with transactions, no matter the technology. I don't use mixers myself. I don't really need to, not yet anyway. But I find that I use all my addresses from a very popular site that gets thousands of new signups as unique addresses a day... yes, I realise that I am risking my coins with that site, but I withdraw regularly, with the added benefit that I don't deal with lots of inputs. Whoever traces me will realise the site I use, but can't prove anything else. I'm all mixed up in there with everyone else. |
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The price can stabilize!
I remember 2016, the price went stuck between 500-700 usd for months, so why most people think that bitcoin need to worth a lot and if does not, it needs to worth very little?
Even I who only entered exactly at that time can remember this. Ethereum was the one making all the moves, people selling at the $20 highs and dippers buying in when it got to $6. Bitcoin people were only whispering about the dream of $1k, plenty were saying it would break down 500 and then sink to $100. I also recall all the proud traders who kept making 10% every $50 to $100 swings. They are probably the same ones making 10% with $1000 swings these days. What's wrong with stabilizing prices indeed? |
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So now, if this upgrade is already available on mainnet, I keep reading about the bugs and dangers proposed by some people, especially from supporters of Bitcoin Cash, but I don't seem to see any of it being talked about much on this forum. Sorry if this is a dumb question, but is bitcoin core also working on LN like they were on SegWit, and is the core client heading towards LN operability? Will it be a mandatory update or just a parallel line of technology?
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I hate all of you people with equal fervor. There is no such thing as fair in pump and dump groups. By definition dumping means you are forcing others to take the bags while you book the profits. Please don't pollute the already suffering alt crypto market with more nonsense. Return to the roots of cryptos, support the projects you like and believe in. Grow the value with the community. That's the win-win economy we can all benefit from.
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I'm with aceptamo: we really need to stop with this nonsense of creating illogical labels for blockchain tech and crypto. I mean, what on earth is a cruelty free coin? As opposed to what, the cruel coins of Bitcoin and Ethereum? The founder seems to have a lot of money to throw around, making it not unlike other crypto start ups. They've got coverage on newsweek, on Inverse, all talking about some hippie vegan nation.
How does a crypto "effectively create an independent nation" of users only spending on ethical items? Does this mean I can't use it? I eat meat. Does this mean you can't spend it outside of the ethical system?
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Interesting fact Alex had posted the entire changes a while back here, take the effort to read it. Not only did he post the changes he also gave a detailed explanation for the changes. Can you please post the screenshot of you being trolled it's hilarious lol, never saw that one coming. Anyway next time get in touch with boxxob he's always around to help you.
I do keep track of this thread and the reports alex makes, but unfortunately your assertion is not true. He does reference some unspecified changes to combat abuse in the financial report on Feb 26th, but does not say what they are. Perhaps he posted them somewhere else, if so, it would be helpful if you included a link so others with similar questions and issues could easily find it. I think everyone can get behind stopping people who abuse the site, other sites have made similar changes, just communicate clearly what's going on. Yup, I read up myself and we have the post informing that treasure chest is back and then come in the flood of complaints that free things are not good enough, but there is no specific details regarding them. Faucets and freebies are great for pulling in crowds, but should never be at the expense of regulars. We already know BD made a lot of money last quarter, so we know we've got a product that's attractive. At wry: I think the social aspect of the website has been mentioned before, I admit I only went on the site a few times myself and did not stay because the chat wasn't active. Yes, I like gambling and it is a gambling site, not a chatting site, but I think all of us dice players like having conversations while autobet does its thing. |
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CME and CBOE has an impact on the market as long as people like OP are paying attention to it and reacting with their real bitcoins to some wall street scammers which don't even hold any bitcoins.
Theoretically, yes. Based on how the market has reacted till now, it's safe to say that the noobs who do take CME and CBOE serious, haven't even managed to dent the market, so in this case dumb money is not a factor. It may change at a later point, but I doubt that unless the future volumes literally explode to levels at least 100x that of what they are currently. In other words, it just remains the gambling toy for no coiners. Perhaps you are right and the effect is negligible, but I have a feeling the effects are not immediate. Every event like these futures made a lot of waves and surely affected how a lot of new people moved their money. It's funny to think that all these events, which aren't supposed to have an effect on Bitcoin economy, eventually do, thanks to mainstream media and finance experts pushing their agenda. Dumb money is as powerful as the connotation says, and we're partially guilty for continuing to downplay and underestimate the power of suggestion that seems to be able to move all this noob money quickly. |
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...
I have long wondered if there are any exploitable patterns in BTC price, like lower price (for example) late on a Saturday night in the USA.
I certainly understand that any obvious patterns will be picked up by trading bots as well as alert human traders, but perhaps there might be structural reasons for prices, on the average, to be a little lower or a little higher (eg, fewer people worldwide active at certain times, etc.).
My *guess* is that there are NO such patterns. If there are such patterns, my next guess is that they would be small, probably hard to exploit...
The *reason* I started this thread would be to gain any insights as to when might be a relatively good time to buy BTC.
Thoughts?
The weekend pattern has been brought up before, since it has been a pattern established since the December failures to hold on to highs. But if all the bots out there were good at picking this up, then they will also be responsible for this pattern outplaying itself. In trading, patterns are apparent to those looking for them, and in some cases, self fulfilling (people say now it drops on weekend before recovering Monday, so they don't buy until Friday if prices are low, and as they buy, of course demand fuels the increase). |
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Don't ask me how I know this, but Argo (and ZigZag, same parent company) both have PlayTech and in fact both started only as PlayTech.
Not sure why you'd be asking about NetEnt and Microgaming because almost EVERY Bitcoin supporting slot casino offers either or both, as far as I can remember. Slots are pretty dumb though, if you ask me. And no, I'm not looking down, I spent a lot of money on slots... but after realizing that there's no way you can know the edge, and reading about all those operators who don't pay Jackpots out, I gave up. Try real Bitcoin gambling... dice maybe.
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I wonder here what happened all the way back when Mt Gox was having the start of their problems. I mean, look at recent event and all those of history. Management wants people not to panic, as that would be catastrophic for the company, bleeding out capital and liquidity. Every CEO has said to calm down and gave assurances that things would be okay.
Remember BTC-e? They promised everyone would get their money back. So did Mt Gox actually. We know that neither could fulfil their promises.
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I'll make it really simple to everyone who can't understand why bitcoin value drops.
It costs around 5 billion dollars a year to maintain bitcoin mining. That includes the electricity and the development and production of machinery.
According to various sources there are around 5 million active bitcoin users. To me, this user count is too optimistic, but even with this optimistic count it costs 1000$ per year for a single bitcoin user to maintain bitcoin mining.
The only way for not having bitcoin holders pay for this circus with the value of their coin is to spread to new investors. That means that bitcoin needs minimum 5 billion per year just to maintain it's price. If this were a pyramid scheme, then every user would have to attract minimum 1000$ worth of new investments a year just to keep the pyramid from collapsing. As soon as the flow of new investors will slow, then bitcoin will start to collapse under its own weight and that is a lot of weight thanks to the inefficiency of PoW mining.
I also believe that's too optimistic, but I think the most recent reputable study by Cambridge in 2017 puts it closer to 3 million unique users. That's a lot more believable, and if it wasn't accurate then, it most certainly should be almost a year later today. Now I do believe that Bitcoin mining costs that much, but that's really a small amount, relatively speaking, when it comes to the cost of maintaining security and all the benefits that come along with using Bitcoin as a decentralized, trustless means of payment. There is no circus here, except the sideshow of Bitcoin trashers who themselves are invested! |
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I've always been curious as to why people mix their bitcoin. I know privacy is the number one reason, but when do you personally mix your coins?
For me, it's specifically when I need to transfer a decent sum of Bitcoin to another party and don't have enough in my hot wallets to cover the transaction. Whenever I have to dip into my cold storage, I send what I need to transfer to a mixer before sending it to my recipient. Can I assume that this is the major reason why you guys tumble your coins? Or am I wrong, and should use mixers more often than I think I need to? I'd like to hear your reasoning, if you're comfortable with sharing.
For a number of reasons, I have published some of my Bitcoin addresses on this forum and other places on the internet (like the signature campaign). That means that anyone can find those addresses and by using tools readily available find all the other addresses in that wallet. From time to time I empty that wallet using ChipMixer and send the chips to a 'private' wallet that I've never published an address from. That way nobody knows how much I'm worth. I wouldn't publish my bank statements on the internet and that's effectively what you do everytime you publish a Bitcoin address. I know of a similar method, which is what the person who introduced me to Bitcoin used and adviced me to consider, which is to use one of the most popular sites as a published Bitcoin address. As you know, with sites like this, when you deposit bitcoins the internal wallet immediately moves it away into another address. Of course, this does mean that your published address is associated with the site if people look hard enough, but that's not a problem for me. But if they look up the address they see it is emptied out to all sorts of other addresses, and in fact spent to other people. |
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Got to say that Bitcoin's most recent push towards 12k made me excited, so I feel slightly deflated to drop below 10k yet again. I guess it doesn't help that the sentiment among the traders in channels I follow also seemed to feel that Bitcoin was readying for its run. But as much as we're feeling the pain now, it's alt holders that are really suffering. Bitcoin at least continues to build back and resist around 10k... but alts have been just struggling to keep stable levels. Where are all the silent bulls?
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I chuckled when I saw the title and Savik's post.
To let everyone know, I am an Aeon supporter. Now with that aside, I will go as far to say that there is no coin that's not a scam that is not called bitcoin. At this point in time in the cryptospace, every altcoin is a scam until a circular economy is created around it.
I would add almost any coin whose blockchain was built from scratch and launched without an ICO. I support a few ICO-launched coins, admittedly, but I bought them rather than investing in the ICO (since I missed them anyway). The most significant of these is probably Waves - fully working product, constant upgrading and work to develop their dex and wallet, and a few projects slotted for their platform. I also supported Elastic - I can't say that their product is fully working or used, but they didn't have an ICO... but yes, almost every coin except Bitcoin when promoted sounds like a shill. |
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Yup, the market looks so pleasing to the eye. I'm glad I HAD to wait when I thought dipping opportunities had come and gone in February but with almost every alt I can find on Bittrex just touching bottoms they haven't seen in months, I've gone in a teeny little bit today. Would have gone in even yesterday but I made the mistake of extremely low Bitcoin fees to transfer... cheapo like me. Funny thing is prices dropped even lower so my cheapo attittude saved me 5 to 10% more.
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Ho hum. More rumours. Trust me, if people believed this news, they would be dumping right now. It's been several hours and we don't see Bitcoin really moving. Worst case scenario, people start believing in it and sell. Price goes back down below 10k. Then 15 March comes and the news is a non-event. People feel stupid and buy back Bitcoin.
If there's any news, it'll just be clarification. And possibly enforcement of existing laws.
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Quite easy actually.Any coin is good if it seems good to you.So Dont listen when other telling you to buy something full of potential or not.Your own research is the key.Low market cap ,roadmap and the projects idea is what you want to check.
Dont forget about the risk of course,its Crypto...
This is it, my friend. However you arrive at the decision that X alt is the coin for you, just make sure it was purely your own decision. Don't listen to any kind of information or advice if you didn't arrive at the same conclusion. Be it positive or negative, as long as you are 100% the owner of your decision, go for it. At the end of the day, if you fail, you know you tried your best. If you succeed, then you have a winning formula. |
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It's a slow and painful climb back towards the old ATH, but yes, the important point is that it has held above 10k for a week, which is a really good sigh that even with profit taking we can see good old Bitcoin being able to hold. Hopefully this means a floor of 10k for the rest of the year. We've got plenty of ICOs also concluding, ready to get listed, so prepare for new bitcoin to be released from these ICOs.
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