Arbitrage was well known a few years ago, people checking different odds from different bookmakers, so they tried to make money whatever the outcome. I know these guys exist yet, but is almost impossible to do this now, as you have to be a member of at least 100 betting sites and also pay them the fee for telling you what match to combine through different bookmakers so you can win, no matter the outcome.
I would love if such service is offered here in this forum, although I highly doubt it, no one has the time and facilities do to this these days in my opinion.
It will be very difficult to make a living doing ONLY arbitrage, and difficult to make both bets at the same time. But you can find opportunities if you make lots of bets over time. For instance, if you bet Panthers +475 to win the Super Bowl or Broncos +600 before the playoffs started, or at even greater odds before or throughout the season you coudl guarantee yourself some cash tonight. But to do that would involve making good bets back then, which takes effort, not some sort of easy system. |
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Still very sad that now even hero members scam here for what? i think i made .1 - .2 !?
Stop thinking that "hero member" means anything. I'm a hero member, all I've done here is talk about gambling, tell people they are going to get robbed, and then laugh at them after they get robbed. The words under my user name mean nothing to those goals. Also, don't think this one is a scam. He said he was going to send a transaction back, he did. If you didn't realize that there is a difference between sending a transaction and sending usable coins, that's on you. But at least it was posted in the right section. That might be the only thread in that forum that doesn't involve lies from the OP. Edit: Also, if this is a scam, it certainly isn't a ponzi. A ponzi is when you use coins from new investors to pay old investors, that isn't happening here at all. |
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Thank you guys for your feedback. So based on what is said here, I think to better not risk this high amount of BTC to try this system. I had just an idea and wanted to share, to see reactions  So final word is not worthy. Any "system" to succeed with sports betting is going to require research into the stats/games and figuring out which bets are good and which bets are bad. Or finding ways to arbitrage (very difficult) so that you will make money on all possible outcomes. Just look at what would have happened if you tried this with Crystal Palace over the last 8 games? you would have lost a lot of money. Bookies design the bets to be +ev for them, which means they are -ev for us. You can't beat that with any system. |
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And he's slandering, because I know he knows full well that there is at least one honest operation out there, even though he might not be part of it anymore. They may not be in the profitable zone right now, but GetHashing is the only community mining operation out there with full "proof of everything".
Times are hard and rats are first to leave.
Here's the problem with this, if you run a legitimate, unprofitable mining operation, you aren't very smart. So why participate in an operation run by someone who isn't smart enough to realize that it doesn't make sense for them to take 1 btc from you, and just send back less than 1 btc instead of taking 1 btc, spending some of it on overhead, and then sending back less than 1 btc. |
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My only motive is to get people to stop throwing money and electricity at this stupidity.
So now we can address the elephant in the room. Are you against bitcoin as it stands now? Why are you motivated to hurt or hinder a company that has done nothing to you personally? After reading your statement, all I see, is you want to stop the use of all the energy needed in the mining process. Adding more mining power to the network is absolutely necessary otherwise you are inviting a 51% control problem, as it is we are already getting close to that. Our take on it is, you are not necessarily against us, as much as what we are wanting to do. I am not against bitcoin, I am against people needlessly spending money on new miners when it does not make financial sense to them. If you think it is worth spending your oney on miners, go to it. You have not said anything to prove to me that it would be worth my money, or anyone else's to participate in this project. Stupid people bad at math paid a bunch of scammers too much money to make the difficulty, hashrate, and price of mining go up much higher than it should have ever gotten. Throwing more money into the hole isn't going to fix anything. The hashrate does not need to continually go up, especially when you will never actually make more bitcoins in the operation than you could on the market. |
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As if "Instant Bitcoin Doubler" wasn't a dead giveaway... kids these days.
This one is a first of it's kind though, it does exactly what it says it will do. |
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Almost every strategy in roulette is equally bad, the only way to win is to be lucky.
Almost every bet has the same expected value, so to avoid screwing yourself over, there are a few things not to do.
1. Don't bet on everything, if you bet on red and black, or odd and even, or big or small, or all 3 groups of 12, you can't actually win money, and you will lose if it lands on 0 or 00.
2. If the wheel has 0 and 00, don't place one chip on the "first five" (0, 00, 1, 2, and 3). That bet is worse than an other bet on the table.
That's it, the only other things to do are:
1. Be lucky.
2. build a time machine so you can go back in time and place your bet after you know where the ball is going to land.
3. find an unbalanced wheel (which will be almost impossible in real life because the casino will be paying more attention than you and will fix it if it is unbalanced).
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First, martingale is stupid, period.
Second, it is especially stupid for making money line bets, especially on a sport like soccer.
The only reason martingale "works" is because the odds and the payouts are (close to) 50/50 2x. Each soccer match has different odds and payouts, and that needs to be factored into whatever you are doing. What happens if the team you pick has a long losing streak? Or what if the schedule is such that the only games that they win have a lower payout than 2x?
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From what I can tell, the OP created a non-standard transaction here, and every transaction that he sends to "double" your coins will be dependent on this transaction. The above transaction will never confirm, nor even been seen by any of the network except on blockchain.info. Any BTC that you send to the OP will, at the end of the day be stolen from you, however the OP will make you believe that you are in fact "doubling" your BTC, which will cause you to continue to "reinvest" which will allow him to steal even more money Thank you so much for this clarification quickseller, i still wonder why he is fucking up his hero member for this he could do much more using signature I don't think that's the main lesson this is trying to teach, but don't let that stop you from learning that it is very likely that "fucking up his hero member" is something that people may not give a shit about. |
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Heeere.. Suchnoob... heeere pup.. Gotta subscribe to this one. I'm hearing Amazon will take it soonTM and there is also eleventy billion buyback planned for the next 500 years. Buy now or cry later.
The 20 CON to XPY buywall is still holding strong TM lol I'm not exactly sure what you're trying to do, but maybe go look up saracasm in the dictionary and then you can find something better to focus your time and energy on instead of clearly joking posts about a clearly joke of a coin. |
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You stated: “They don't have a way to turn 2.1 million dollars into more than 6,000 bitcoins like they are claiming.”
What are you thinking? We said that 6000 BTC was equivalent to $2.1M, based on a set price that was easily divisible. This was a comparison for the bitcoin community.
Your statement: “I'm not asking for some state secret, I'm asking for them to give the basics of their business.”
We have posted the basics of our business plan, but what we have not posted is our strategy to more profitability, as we are asking for an NDA for this information.
Your statement: “An NDA gives no benefit to me. I know the answer to my questions.”
If that was the case, you would have already funded our whole project, if you have the means.
Your statement: “I want them to publicly state that, so they don't get any money, or publicly refute that, so people will have a reason to give them money.”
Phildo, you came out guns blazing, attacking us without any insight to our business model. It’s apparent in the above statement you want to sabotage our operation, and we are befuddled as to why. Are you in the same playing field as us, and do not want to see anymore competition?
You still don't seem to get this so let's try again in plain English. You are asking for 6,000 BTC, to buy machines that will make more BTC. Mining is just another way to get BTC, that's all it is. Someone with 2.1 million dollars does not need your help to get 6,000 BTC, so they have no reason to give you 2.1 million dollars, or 6,000 unless and until you can explain a plan to turn that money into more than 6000 BTC. I would certainly not fund your project, nor am I a competitor because I realize that bitcoin mining, at the current status does not make sense. It is MUCH better for me, or anyone else to take my x amount of dollars, and turn it into x/350 BTC, instead of buying a machine that will generate less than x/350 btc over the course of it's useful life. Even if i was so inclined to do that, I would be much better off buying my own miner instead of fronting all of the money for 21% of a miner as is offered here. My only motive is to get people to stop throwing money and electricity at this stupidity. |
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It's clear that you don't understand how mining works if you think that miners bought today will last for years on end.
The 14/16nm full custom generation SHOULD be profitable for AT LEAST 3 and more likely 5-6 years, as it will have caught up with semiconductor state-of-the-art and there CAN"T be anything significantly better for a few years (probably 3-5 year timeframe, possibly LONGER, before the 8nm (IBM) or 10nm (Intel) generation hits commercial availability at all). The next generation WILL in fact be a new world for mining, since it WON'T have to look over it's shoulder wondering if it will have even 6 months to pay off before the next generation arrives. If you think that, you don't get it. New generations of miners are not the only way to damage a mining farm. Other people buying and running 14/16nm chips (which they will be doing in droves if they are so great) will cause the difficulty to increase, which will make these miners generate less coins over time, which will make them less valuable. That doesn't even deal with the issues of hardware failure that are sure to spring up. Unless of course you have reason to believe that other people will be unable to acquire this magical chip that will be state of the art for 3 years. If that's the case, you may have something, and should at least state that in your public posting. |
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I still really like how this guy answers questions and think if he has business secrets why not sign a nda. Has anyone posting signed their nda and looked at this? Just wondering...
Phildo are you even interested in what they are saying or as tmfp put it “just being a bully”?
Please let me know if you will accept a small investment. If you are, I will be happy to sign an NDA.
It really makes me wonder why there seems to be so much resistance to signing one. What is wrong with protecting ones information? Seriously.
He hasn't answered how he plans to make more than 6k bitcoins, which is the basic premise. If you can't do that publicly, you shouldn't be asking for money publicly. If asking questions to get people to realize that buying miners for someone else is a stupid idea is bullying, you can call me king bully. So, let me see if I am following you on this... You're saying that if someone asks for monies publicly, they can't keep the answer a secret when all they're doing is asking the questioner to sign an NDA? Why do you think NDA's are even used then? But firstly, I have to step back and wonder if you're aware of what the purpose of an NDA is? I am NOT trying to be snarky here, King of the Bully's  . You just seem to have a real aversion to signing one if you really want to know the answer. Methinks thou doth protest too much. An NDA gives no benefit to me. I know the answer to my questions. They don't have a way to turn 2.1 million dollars into more than 6,000 bitcoins like they are claiming. I want them to publicly state that, so they don't get any money, or publicly refute that, so people will have a reason to give them money. I'm not asking for some state secret, I'm asking for them to give the basics of their business. |
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I still really like how this guy answers questions and think if he has business secrets why not sign a nda. Has anyone posting signed their nda and looked at this? Just wondering...
Phildo are you even interested in what they are saying or as tmfp put it “just being a bully”?
Please let me know if you will accept a small investment. If you are, I will be happy to sign an NDA.
It really makes me wonder why there seems to be so much resistance to signing one. What is wrong with protecting ones information? Seriously.
He hasn't answered how he plans to make more than 6k bitcoins, which is the basic premise. If you can't do that publicly, you shouldn't be asking for money publicly. If asking questions to get people to realize that buying miners for someone else is a stupid idea is bullying, you can call me king bully. |
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It's clear that you don't understand how mining works if you think that miners bought today will last for years on end.
New technology is only part of the problem. Every time any other person in the world plugs in a miner, your miner becomes worth less because the difficulty goes up and the miner makes less.
You need to constantly add hashrate to keep up with the difficulty, never mind new technology. And every time you buy a new miner you dig the hole a little deeper and make it harder to get back to where you started from, never mind turning a profit.
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Need an nda to explain how a mining farm will make money, seems legit.
Being unable to provide basic facts in an open forum says more than any answer could.
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4 years??
How many generations of mining gear will that require? What is the detailed plan to replace the original purchases miners, because they will not last 4 years.
And you still need to explain in detail how you are going to turn the 2.1 million into more than 6000 btc. We don't need your help to turn 2.1 million into 6000 btc, so you need to explain how you are going to turn it into more than 6000 btc to give anyone a reason to give you any money.
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Why do people expect the feds to just know what's going on in every corner of the internet?
Because they built a huge mega multi million dollar facility to funnel every bit and byte through the US of A to do exactly that... And where does something like this fall on their list of priorities? Not sure where it falls under their priorities. If I deposit $10,000 cash in my checking account, they want to know right now where I got it! Thing is, there is a class action lawsuit. What I don't understand is how under a class action lawsuit these guys are able to distribute part of the assets to select alt coin holders. Where is the lawsuit? Is it next to the police report cryptsy filed for stolen coins? Did a judge rule for them stop distributing coins? Or are they doing that in hopes to appease certain people/slash by enough time/burn/hide all their assets so there is nothing to lose? |
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Anyone get this email? I want to know who the fuck this guy is and how he has my email address. SEC - GAW Case Details
Clinton Chevrier <ckchevrier@gmail.com>Hello Everyone, As you may have heard there have been some very unsettling developments with regarding to GAW (Joshua Garza) as per the below links. ttps://www.sec.gov/litigation/complaints/2015/comp23415.pdf http://www.coindesk.com/gaw-faces-ponzi-scheme-charges-from-sec/ https://www.sec.gov/news/pressrelease/2015-271.html http://blogs.wsj.com/moneybeat/2015/12/01/josh-garza-gaw-miner-charged-by-sec-in-ponzi-scheme/I've recently been in touch with the SEC Boston office regarding this case their phone number is (617) 573-8900 if you wish to reach out to them yourself. At this point I am waiting to hear back from the direct contact at the Boston office as she is away at this time but once I hear back I'll let you know more. In the meantime I've had great success with another crypto-currency that I would highly recommend you take a look at if you are still interested in pursuing such opportunities. Personally I started with this company in Sep 2015 and already my initial $100.00 Euros I put in as a trial, has turned into $388 EUR as of about 10 days ago. This company is as solid as they come and already they are breaking records left right and centre. I researching this company for months before I put a single dollar into it. If you'd like to know more I encourage you to click the link below. http://discover.digicoinpro.com/ckchevrierCheers, Clinton Garza's list of rubes that fell for his shit would be quite valuable to people interested in making a quick buck. Selling that list would be the closest thing to legitimately making money ganza has done for a while, although it I wouldn't put it past any of the other scumbags with access to that list trying to turn a quick buck. |
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Not basing the return on bitcoin is stupid.
The reason we are not basing the investment on Bitcoin is because all the construction and permits and build are in USD. Also most investors outside of the Bitcoin arena only deal in USD. Although we did state that investor could receive their earning in Bitcoin. Why should I give you 1 BTC if you can't turn it into more than 1 BTC?
No matter the price of bitcoin, I am better of with 1 BTC than less than 1 BTC. If you can't turn my 1 BTC into more than 1 BTC, your project is no better than literally doing nothing, what is the benefit to me if the only way to profit from the venture is the price going up? I can get the same benefit by putting 1 BTC on a thumb drive and staring at it without all the additional risks associated with trusting you and dealing with mining.
Can you clarification please, as I think there might be a slight misunderstanding. It does not make sense to give you $x to mine bitcoins if you cannot generate more BTC than I can buy with $x. You are looking to raise 2.1 million or 6k bitcoins. Let's say you get that 2.1 million. It does not make sense to spend all the time, effort, and resources to mine bitcoins unless the result will be more than 6k bitcoins, because it will be a lot easier to buy 6k bitcoins than to mine. On a smaller level, if YOU cannot make those 6k bitcoins, it doesn't make sense for me to give any money to you, because besides all the time, effort, and resources and risks inherent in the mining industry, I also am taking on the additional risk of trusting you. This doesn't make sense for anyone, unless you can explain to them how you are going to make more than 6k bitcoins. |
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