Bitcoin Forum
May 23, 2024, 07:52:10 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 »
121  Economy / Gambling / Re: Request for making a bot ! on: April 06, 2015, 07:38:21 PM
Alternative and better way is , use a excellent strategy and gather infinite money in 30 days .
Seems to me that he isn't trolling.So then he is either dumb or doesn't take much time to educate himself.OK.Lets educate him.Who wants to start?Well first things first all of the casino's including the famous primedice has an edge it this scenario 1% that means that if chances are 50/50 it is going to pay 1% less than it should and on average you'll lose more than you win.Martingale only works if you and casino has infinite money.Your technique won't work in a long run.You'll get busted.Don't believe me?Well go ahead give your technique a try all day long each day.
122  Economy / Gambling / Re: Request for making a bot ! on: April 06, 2015, 10:28:34 AM
I am not quite sure whether he is just simply dumb or whether he is trolling everyone in this topic and having fun or whether he is way too lazy to educate himself.Either way you must learn what does house edge means.There is no strategy to win there are only strategies that let's you win very little until you lose everything.Gambling is for fun not for making money.
123  Bitcoin / Bitcoin Discussion / Re: BurtW arrested on: April 05, 2015, 08:46:48 AM
Haha was just going to say this myself. Also, from what I read the police confiscated any computers, usbs and even recordable media they had in the house so they likely have direct access to most of his coins that way. I suppose what is interesting about bitcoin is you could have password-protected back-ups with a friend or family and get them to transfer the coins to a secure wallet if you get into trouble.
Well I should have thought of it.Another way would be to print out the private key and hide it somewhere, somewhere that no one would know.Maybe even hide a private key in the blockchain itself.
The police had stolen over 700 BTC
Exactly that word.
124  Bitcoin / Bitcoin Discussion / Re: BurtW arrested on: April 05, 2015, 08:32:28 AM
May I ask you BurtW?Have you given all of your BTC to police?If yes why?They can't prove whether you had 1BTC or 1000BTC?You could have gave them one private key which contained 1BTC but it had many ingoing and outgoing transaction of large sums of BTC and you could have claimed that this is all of your BTC.How would they prove that you had more?
125  Bitcoin / Bitcoin Discussion / Re: BurtW arrested on: April 04, 2015, 01:49:02 PM
Not sure if this was posted or not(if so point it and I'll delete this post).New Mexico passes a sweeping bill to protect innocent people's property from civil asset forfeiture.
http://www.freedomworks.org/content/new-mexico-passes-sweeping-bill-protect-innocent-peoples-property-civil-asset-forfeiture
1 down 49 to go.
What do you think about New Mexico BurtW?
126  Alternate cryptocurrencies / Pools (Altcoins) / Re: 「魚池」Discus Fish - BTC: 60 PH - LTC: 330 GH - 4% PPS 🐟 on: April 03, 2015, 09:26:14 AM
I have sent you another donation.
This time it is 0.2BTC
Tx id:https://blockchain.info/tx/d81e91cd8422aeb0e614d5c089cbe4f557531885db2e66fc7b5f9325e34ef971
Thanks.
127  Economy / Gambling / Re: Variable house edge on: March 31, 2015, 03:54:40 PM
If we talk about changing house edge we must mention coinvegas.com it had a HS from -2% to I think +6% and the average was +2% unfortunately the site is down and I don't know what happened to them.
128  Other / Beginners & Help / Re: DOUBLE/MULTIPLY BITCOINS on: March 31, 2015, 12:38:48 PM
https://blockchain.info/create-double-spend Was good in the past to double the bitcoins hehe.
it would work on new sites now too but it should be illegal i dont use it and no one should. for thread creator: you can try ponzies but most probably youll get busted and owner will run with your money
It was supposed to be a joke it never worked the double-spends only appeared on blockchain.info block explorer and no where else.If you would have taken at least 10 seconds to check the link you would have noticed that it doesn't work.
129  Other / Beginners & Help / Re: DOUBLE/MULTIPLY BITCOINS on: March 31, 2015, 10:58:12 AM
https://blockchain.info/create-double-spend Was good in the past to double the bitcoins hehe.
130  Economy / Gambling / Re: SatoshiDICE.com - The World's Most Popular Bitcoin Game on: March 31, 2015, 09:33:59 AM
Um how do I verify my ON-CHAIN bets since these:
https://www.satoshidice.com/files/daily-secret-hash.txt
https://www.satoshidice.com/secretlist.php
are outdated?Are the last rolls were rolled on the same secret which is Ugqls7Yip8lou6nIq3mSFAR3u8qwW8RGfCtf2HVDCmFUIqopuMdk3uDcyD00h82p
Ok I am glad that you fixed the daily secret hash but why you didn't updated the secret list?Also can I get a code to verify my bets?
131  Economy / Gambling / Re: SatoshiDICE.com - The World's Most Popular Bitcoin Game on: March 29, 2015, 03:55:57 PM
Um how do I verify my ON-CHAIN bets since these:
https://www.satoshidice.com/files/daily-secret-hash.txt
https://www.satoshidice.com/secretlist.php
are outdated?Are the last rolls were rolled on the same secret which is Ugqls7Yip8lou6nIq3mSFAR3u8qwW8RGfCtf2HVDCmFUIqopuMdk3uDcyD00h82p
132  Economy / Service Discussion / Re: Low priority transaction confirmation time calculation. on: March 29, 2015, 03:20:13 PM
If we are talking about blockchain.info then the confirmation time are just guesses which in fact as you said sometimes are misleading.There is no really good formula to calculate the confirmation time but if you pay 0.0001 per 1KB you are good and the tx will get included in the next block(most of the time).
133  Economy / Gambling / Re: JETWIN.com | No.1 bitcoin sportsbook | 100% Bonus | Instant Withdrawals on: March 28, 2015, 06:15:43 PM
yes thats simply lucky and awesome Tongue , well congratz bro !
Neither I am in profit neither I am in loss.To be honest I am break even now.
134  Bitcoin / Bitcoin Discussion / Re: Satoshi on: March 28, 2015, 06:12:05 PM
anyway...satoshi has forgot to do one thing: spreading his coins, to fast forward the adoption phase...
And how will that happen?If he would have spread the coins the price now would have been a lot smaller because most of the people would have just dumped them.
135  Economy / Gambling / Re: JETWIN.com | No.1 bitcoin sportsbook | 100% Bonus | Instant Withdrawals on: March 28, 2015, 05:38:45 PM
Is it true that if I bet and win more than 1000$ my account will get limited?I am planning to bet a few 20BTC bets(and expect to win hehe).

We do not limit winning players. We have a lot of customers who have made a solid profit at JETWIN, and they still bet with us on a daily basis.

Our top priority is to run JETWIN responsibly and to provide our clients with secure, fair and playful betting services. Betting “Steam Plays”, engaging in arbitrage, or hedge betting will be considered irregular gaming and irregardless of betting account's profit or loss will be limited.
Ok than I'm good.I sometimes like gambling with larger sums.The feeling when you bet all in, that there will be over 2.5 goals(soccer) and after 70 minutes have passed there are no goals...You sweat like crazy, the felling in the stomach.And then... Goal, goal, goal.That is an amazing felling.
136  Economy / Gambling / Re: JETWIN.com | No.1 bitcoin sportsbook | 100% Bonus | Instant Withdrawals on: March 28, 2015, 04:21:49 PM
Is it true that if I bet and win more than 1000$ my account will get limited?I am planning to bet a few 20BTC bets(and expect to win hehe).
137  Economy / Currency exchange / Re: Buying Bitcoins 10+ Coins a week on: March 24, 2015, 07:29:08 PM
Can do 30BTC @ 280 or 8400$ but only if you can send the money to European bank or do some other digital transfer PayPal,Skrill Etc.

Why would you accept 8k via paypal knowing the consequences?  (not taking a stab at the OP, but we all know how paypal is)
Yeah you are right.Though he could claim that he sent me those 8k for something else like a gift or something.Does PayPal still limit accounts who is involved with BTC trading?
138  Economy / Currency exchange / Re: Buying Bitcoins 10+ Coins a week on: March 24, 2015, 07:06:32 PM
Can do 30BTC @ 280 or 8400$ but only if you can send the money to European bank or do some other digital transfer PayPal,Skrill Etc.
139  Economy / Gambling / Re: Negative house edge on: March 24, 2015, 06:41:49 PM
It may make sense if it is a short-term temporary measure to promote a new site, but honestly I don't see why a site should make the odds unfavorable to the house.
I kinda have a felling that this would actually "un-promote" the site.Imagine a newbie registers an account here, opens a gambling site and offers - House Edge.Would you play it?I won't I would make an assumption that, either the owner is dumb or either that he wants to scam and run away with deposited BTC.
140  Economy / Gambling / Re: Negative house edge on: March 24, 2015, 01:40:38 PM
You realize.. -EV is bad for the USER.. and +EV (house edge) is bad for the casino?
What are you even talking about?A positive Expected Value is always good. It doesn't matter if you are a casino or a player.

He is obviously saying that a negative house edge casino is bad for the casino and a positive house edge is good, wich is true and as i said before negative house edge casinos would go broke
"+EV (house edge) is bad for the casino" That is what he said.How in the world it is bad to have +EV?-EV is bad for everyone +EV is good for everyone.But if casino has +EV than player has -EV and vice-versa.So again how positive expected value is bad for a casino?
From wikipedia:The roulette game consists of a small ball and a wheel with 38 numbered pockets around the edge. As the wheel is spun, the ball bounces around randomly until it settles down in one of the pockets. Suppose random variable X represents the (monetary) outcome of a $1 bet on a single number ("straight up" bet). If the bet wins (which happens with probability 1/38), the payoff is $35; otherwise the player loses the bet. The expected profit from such a bet will be
 
So that is -EV for a player and +EV for casino which is good for a casino.
Source:http://en.wikipedia.org/wiki/Expected_value
And yes negative house edge for casino is DEATH no matter how small the percentage is on average the player would always win.
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!