These scams are so absurd, because they look for the most naive. This is how they work. Even a few victims and the scammers are happy. It costs them very little to get the operation going after all. So they manufacture a scenario where the most vulnerable would be encouraged to transfer most of the coins they have under a FOMO situation. Hopefully as the world gets more educated about bitcoin we'll reach a point where crypto isn't considered an oddity where such things appear within the realm of possibility to anyone. Such scams are also prevalent with cash but at least not on the same proportion... But on the other hand, there will always be newbies.

Interesting to see that wikipay started a waggering contest while the provable fairness system in their website still seems to be changing server seeds with every roll... And moreover they admitted that their programmers are working on a supposed complete overhaul of the system that they said will fix what they were accused of...
Seems like holding a competition to see people wagering more was a priority to actually having the problems fixed.

There's a difference between a crisis and a recession.

Crisis is when distrust in the system develops. Which was only natural to see back in 2008 considering how monumental the fuckup of banks was... The events in Cyprus in 2013 were a force that drove quite a bit of support behind bitcoin in its early times. There, banks and the gov essentially proved who really has control over bank deposits. Government back then had essentially locked banks until they could tap in deposits of bank depositors to save the indebted national economy.

As for a financial crisis, there sure was one back in 2008. But most states were quick to rebound. But the one of coronavirus isn't exactly a systemic crisis. Nobody prays for the economic side of the crisis to be worse than we see. But really it'll be a showcase of how the existing system can handle pandemics.

This is a nice thread thank you. I would also add that it might be good to add some category with further explaination after wards. Like for example for type of waggering contest, say 'top' for most waggered and 'chance' for random etc. Otherwise very useful OP.

That is something entirely dependent on the current time frame, fees and several other factors. For example, in times where the fees go up high players tend to leave money deposited longer and maybe play but avoid to add small amounts or withdraw often. Also the volatility of crypto markets. Other than that, curremtly tou are right, what matters mkstly at the end of the day is the mknetsry value of their deposit.

To be honest I usually look her first. Bitcointalk can be harsh in its criticism sometimes, but it is only for the better. The users here are the most experienced and often know the most about provable fairness and gambling. So if a casino has no page here, to me it is a bad sign. They are maybe trying to avoid criticism or worse. 

Good luck trying to trace monero, grin etc. anonymous cryptocurrencies...

It would be interesting to see the IRS trying to find ways tracing these. It's probably not impossible, but these coins have an entire community of users seeking to advance the untracability of the cryptocurrency their using. And they're also doing it based on open technology.

It's not fair game compared how IRS will buy proprietary technology to trade them. But for some established coins, I think it could only go so far as to what it will trace.
For the technology to come from crypto companies it's even weirder. But these corporations were already embracing regulation and applying tracing for their own purposes.
So it shouldn't be much of a concern for regular users. It's just going to show that IRS has little insight in what's going on.

I think the most promising thing to look towards for Decentralized exchanges is protocols, aside for individual attempts.
Openness is key in this endeavors. Not just for open source technology, but also for how things are ran. If a for-profit company runs a DEX, there's still quite a bit of centralization in how things are ran for example.

To me the most advanced protocols that we are already seeing in practice with decentralization is bitshares. It's already fully functional and ready to support decentralized exchanges with the protocol they have in place.

Also 0x has been making many advances. There are also newer attempts to create protocols But they are not nearly as complete. For example uniswap, which is praised, has huge issues.

I don't think OP get the gist of crypto all that well...

Most of the ICOs that came forward in the ICO rally times went bust for the simple reason that they didn't focus on supply economics and didn't have a good algo to support their purported utility.

The whole 'utility' alt-coin is not much more than a sham. There isn't much into the utility of any alt-coin at the moment. No matter how innovative or how well networked its team is.
Crypto is good for some payment solutions but altcoins that start on the premise of providing a utility on launch fail.
The single most important thing to maintaining trustlessness, the foundation of cryptocurrency, is to have a good algo.
Building upon that, token distribution is also very important. For sure nobody would want to hold much of a coin that a corporation bagholds in epic proportions.

That's a tough question to answer.
I think there's still a lot of resistance for BTC prices to go up because many people had bought close to the peak. Sadly or not, it was the introduction many had to crypto when BTC was nearing its all time high and still rallying... These bags are still held and whenever there seems to be a break through resistance, it just amps up again by people taking profit from some down trends also.

BTC might have a second wave of exposure sooner or later. But I think that this is what's needed for prices to break through resistance for good this time. New money coming in the market en masse essentially.

I've also noticed a rise in fake/unfair casinos lately. Apparently it's very easy to set up a casino site with the scripts in existence.

But lately I've been seeing many new dice sites use bad provably fair systems and try to attract new users with crazy and unrealistic rolling competitions etc...
And many of these casinos look polished too! They for sure hired designers and programmers to work on backend and front end so their casinos looked the best. It's easy to uncover such scams, but they can still cause a lot of confusion and trick victims into parting themselves from their funds unfairly. That's why how established a platform is is also important when playing online.

Doesn't quoting the link re-trigger the scrapper? You might have killed it twice or thrice for good measure.

Just kidding. LoyceV probably had considered the possibility.

How about fixing the provable fairness problems before starting a wagering contest?
There are ongoing allegations that the system on WixiPlay.io isn't adequately fair... You said the dev team will work on it, and in the meantime you start a contest where the participants would be subjected in actually using the current and potentially non-fair system?


You should have waited until after the fix at least...

Looking at the post you've linked, I must say that based on what I have noticed, in most cases there will not actually be a redirection notice.
AFAIK SMF gives you the option to skip posting one by un-ticking a box. So having no redirection notice can't be but a deliberate choice of the staff member that has deleted each post.

Maybe forum staff, and more especially global forum mods, could should consider leaving a redirection notice up as part of their best practices for deleting topics.
I don't know why, but lately (and by lately I mean in the last few years) I've stopped seeing all that many redirection notices altogether. At least not as many as before. Is there some reason behind of that? Did redirection noticed become uncool suddenly for some reason? (Or is it just me?)


Edit: I also realize I could have just written "trashcanned" in the OP title instead of "deleted". I think the body of OP still explains what I meant well though so I'll probably leave it.

What better place to contribute to the testing other than this thread?

I'll try one of my own posts:
https://loyce.club/archive/details/topic_797299.html

Let's see.

Other projects trying to bring tokenization into such a specific market have all failed.
The world isn't ready to tokenize property, or anything as tangible for that matter. The automotive industry which this project claims to target would hold its grip on power too well for this to happen. They claim to be interested more in collectible cars which seems much more stupid if you ask me.

I would say this is a hard avoid. If you want into crypto then buying something already established would be better. Bitcoin is always king.

Technical analysis really has little to do with crypto markets. There's little correlation between crypto and big markets like for example S&P 500.
Many analysts have tried this, no trader would be the first. But even experts have failed to apply popular theories on crypto markets.

After all, it's an unregulated global market. Rifle with volatility and little to no connection with real world actions. It's pure demand and supply, with not many limitations beyond that.
Any traders trying to teach himself technical analysis on BTCUSD as a basis would crash and burn in my opinion. These books might be good for someone interested in becoming a market maker employee for a company maybe, but not much application for these in bitcoin markets. Just my two cents.

The forum currently lacks one feature the absence of which causes a lot of confusion.
The moving of threads into the trashcan is very confusing to thread authors.

Firs of all, the trashcan is a locked board. So anything moved there, will always be inaccessible to anyone but forum staff.
Unless the mod that moved the thread decides to notify the OP, then the thread OP will have no idea of the thread being moved to the trashcan. Attempting to load up the URL simply leads to an error page without any explanation.

I can use myself as an example here, I had made a thread called Max profit in crypto sites, biggest in industry? which seems to have been deleted from the Gambling Discussion board. The only mod of the board (hilariousandco) seems to have been off the forum for a week. So it's even not obvious who moved the thread as it must have been a staff member other than the person listed as the board's mod.

I'm only using myself as an example here, I am not making this thread just so I can get an explanation for my thread. But by using a recent example I want to bring something to light.
It is very confusing to have your thread deleted and I believe the following should be addressed:

• Receiving no notification when the thread is trashcanned.
• No reason or explanation given.
• Having no redirection notice (also would be helpful for those that had responded or had the thread saved).
• Losing the contents of your thread forever.

---

I think the forum already has a mechanism it could utilize to fix the aforementioned issues.
When a response gets deleted (for example from a self-moderated thread, or by a mod), then immediately the response author gets his response quoted as a PM, saying that it was removed. 
Doing the same for trashcanned threads would save a lot of confusion.

This is much similar to how VeChain claimed ot have partnerships with several auto-manufacturers only for the companies to deny it one by one later once they found out.

You should always be careful and double check claims made by CEOs of altcoins that had an ICO. It's very much likely that they are holding much of their own coins so it is in their interest for the price to go up. They have the power to manipulate the markets due to their influence and that is something that could be taken advantage from them very easily. Frankly, securities are very tightly regulated in that regard. Crypto is still pretty much the wild west of investment. Those few ICOs that made it, might have crazy founders. So always do your own research.

Roger Ver is a known anti-bitcoin advocate since long ago. His gripe with the bitcoin community was that most people didn't support the solutions for scaling that he also supported.
He has since been pumping his money to promote a forked bitcoin, that he tries to promote as the real bitcoin.

Partners of Roger Ver have also promoted BCash through their businesses. For example, known scammer Erik Voorhees turned his business, satoshi-dice, into a BCash-only gambling platform. He and Ver have worked together on many ventures like for example the failed KryptoKit wallet.