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13781  Economy / Gambling discussion / Re: Odds, units advantage | Sportsbook | +2,505 units | 155 bets on: January 18, 2019, 09:46:37 AM
A bit of an early scare when DPRK actually scored the first goal against the flow of the match, but Lebanon eventually asserted their superiority and came through with a narrow win in the second half. Qatar survived the Saudi onslaught and stadium atmosphere for a solid win to top the group, while Japan dispatched the Uzbeks pretty comfortably. Great parlay win.

Today, a single underdog bet on Hoffenheim to somehow come away with a home win against Bayern Munich!
100 units at Fairlay for Hoffenheim to WIN @6.2533. Betcoin odds: 5.75

Odds advantage: 8.75%
Units advantage: 50.33

Running advantage after 159 bets: +2,712.81 (+50.33 units)

Running units after 158 bets (41W|117L): +836.34 (+577.87 units)
13782  Economy / Gambling discussion / Re: Asian Football Cup 2019 Discussion Thread on: January 18, 2019, 06:31:44 AM
Qatar has proved again to be one of the best teams in this competition beating Saudi Arabia one of the top nominated teams to win the Asian Cup
this game in particular I was expecting Saudi Arabia to win or game to end as a draw , cause you all know the political problem between these two countries and the stadium was full of Saudi fans so thought this may be a problem for Qatar
but if Qatar can beat Saudi with the current circumstances I guess this means that Qatar can handle big teams in the future

I wished tho that Qatar will face Japan instead of Iraq in the next stage , cause for me I really find Japan overrated this year and small teams like Qatar and Iraq are doing better job

Yeah, good day for me as my three-legged AFC parlay worked out. Japan won, Lebanon won, pretty comfortably in the end, and Qatar took it so I collected almost 7/1. Saudis had the lion's share of possession, created a lot more chances, and like you said, had the vocal support - but in the end the Qatari's quality made the difference. Definitely stamped their mark, and teams may be wondering about them in 3 years' time too... when they play at World Cup stage. Still an unknown factor.

Japan totally overrated agree, yet I still think they will go far. Thing about experience, and when they do play well, they are quite incredible as a team. The smaller teams still rely on several stars IMO.
13783  Bitcoin / Bitcoin Discussion / Re: Bitcoin adoption: Don't just sit down, do something on: January 17, 2019, 02:03:53 PM
Good to see that people are thinking like this. Me, personally, I've got nothing against people who have Bitcoin and support it, but don't ever really use it. That's perfectly fine for me. I like to think I'm doing the best I can, every small effort I make where I successfully spend bitcoin instead of "regular money", I feel happy and satisfied knowing I've done my very small part for adoption.

I would like to say here also that a little bit of awareness can go a long way too. Whenever we can, remind people that storing Bitcoin at exchanges, or on Coinbase wallets, aren't really the same as owning and using Bitcoin. Also, using Bitpay or 3rd party processors - yes, it's convenient, but that's also a step away from true Bitcoin adoption. Always encourage actual bitcoin transfer, from peer to peer, from buyer to seller, without any 3rd party involved. Even if it's just a few cents worth, it's something and the way it was intended.
13784  Bitcoin / Legal / Re: Does a Legal Adviser make an ICO more "legal" and free from scams? on: January 17, 2019, 11:50:49 AM

Not really, I mean why do they need them in the first place? If they operate under the law legal adviser is not needed. They could be lawyers, but I haven't seen anyone really focusing on crypto as this market is still in its infancy, so I don't believed that we have enough 'crypto lawyers' today. How to check their reputations? Go around the web, look for their profiles and check the people behind if legit or not.

In the last 8 months I visited a good number of ICO pitches, the projects were primarily based and established in Singapore. My first impression was that a legal adviser in a Singaporean ICO is as much important as a founder. I agree with you that it's hard to find an adviser focusing on crypto  and there's no "crypto lawyer" as such, so far. However, as long as ICO/STO market is gaining interest from crypto communities and investors, the market itself and government start to react to this interest and "create" new requirements, for example, MAS guide to digital token offerings clearly states that a legal advice needed prior to deciding on a structure of a proposed digital token and a business model.

Kemarit, these legal experts have been slowly creeping up the space since 2016. I remember even in 2017 there were already legal firms who switched almost chiefly to crypto related cases, at least this was the case in Austria and in Switzerland, where the regulatory watchdogs like Finma had begun pursuing ICOs from firms registered there.

Look at the tendering processes recently put out by the Euro Commission... Who specifically want legal experts to help them research implications of EU law.

It is going to be big... But I agree that most of these so called crypto legal advisors will likely have only a little more knowledge than normal financial ones. Kind of like these blockchain experts who are really just marketing professionals with some familiarity with crypto.
13785  Economy / Speculation / Re: The American doomsday by Tom Lee on: January 17, 2019, 11:03:11 AM
Holding bitcoin in these countries is a reasonable solution, I reckon, which also might make it a better investment outside of those countries.
It depends on how you look at it. It's easy to say for an outsider that Bitcoin is a reasonable solution and/or hedge, which is true, but the majority of the people there can't do anything with Bitcoin.

You can't pay for your daily necessities with Bitcoin, which is what they actually need because they live from day to day not knowing what the next one will bring. News outlets have been fooling people about crypto adoption there.

If one local store accepts payments in Bitcoin, they directly refer to it as 'Venezuela Bitcoin adoption growing' where they add tons of gibberish to the story to spice things up. Not cool.

However, we should remember that these countries are Venezuela and Zimbabwe. Countries which are suffering or have suffered from hyperinflation. Their people might not use bitcoin as currency for daily necessities, but they can use it to store their wealth unless gold or the US dollar are easier to buy.

Initially, I thought it to also be true about Bitcoin not really being useful in these countries. Never mind Venezuela, finding someone providing a useful service or product in my own country isn't easy, and it's among the most technologically developed in the region.

But speaking to Venezuelans, and now even Iranians and Turks facing inflation, simply being able to hold value in Bitcoin, being able to then transfer that value abroad, and now finding it relatively easy to find a willing buyer for us dollar or euro... Makes Bitcoin absolutely a viable alternative.
13786  Bitcoin / Legal / Re: Americans lost $1.7 billion, more than half don’t know they can claim deduction on: January 17, 2019, 09:12:37 AM
Americans lost $1.7 billion trading bitcoin in 2018 — and more than half don’t know they can claim a deduction

Judging by the facts that came out of the Coinbase/IRS case, not many people are paying their cryptocurrency-related taxes anyway. If they're not paying on capital gains, they definitely shouldn't be deducting for capital losses. Tongue

The allowed deduction is pretty minimal, anyway. Even though you can carry forward capital losses from year to year, the yearly limit on capital loss deductions is $3,000. So if you lost $3,000 or more in 2018, that's the most you can deduct from your taxable income for the year.

I was actually quite curious to see if the numbers for Coinbase user tax returns had gone up. Coinbase kept saying they'd fight the court decisions but finally gave in, yet their growth didn't seem to have slowed down at all so I'm guessing US people using it don't mind divulging tax details (and paying it). Hard to tell till we see figures.

It was strange enough that online gambling losses weren't reported for deductions (now that US seems to want to ban it entirely), maybe people in general just don't realise losses are deductible?
13787  Bitcoin / Press / Re: [2019-01-17] BITCOIN IN BACKWARDATION (THIS IS FINE) on: January 17, 2019, 08:24:48 AM
Of course it's fine, in fact, any other scenario for futures is fine, though the proper thing to say about it is that futures are inconsequential. They're cash-settled let's remember that, first of all. Absolutely zero effect on actual settlements or movements. Does it reflect what futures traders think price will be? Yeah, for sure. But does that ultimately affect Bitcoin price? Already pointing at oil to show things don't happen as expected. Did we forget also what happened right after futures became available?

Mati, you know better than this.
13788  Economy / Gambling discussion / Re: Odds, units advantage | Sportsbook | +2,505 units | 155 bets on: January 17, 2019, 06:51:01 AM
Incredible... 3 4-legged parlays in a row, all miss by 1 leg. Another giant killing in the FA Cup to ruin me, and again after a 2-0 lead at half time. Football!

Asian Cup great match ups today, parlaying my favourites Qatar and Japan to get through tricky opponents, while Lebanon should at least score one against helpless DPRK.

Game 1: Japan vs Uzbekistan. Japan WIN @1.70. BCR odds: 1.66
Game 2: Qatar vs Saudi Arabia. Qatar WIN @2.75. BCR odds: 2.76
Game 3: Lebanon vs DPRK. Lebanon WIN BCR @1.45. odds: 1.43
100 unit parlay at Betcoin @6.7787. BCR parlay: 6.54

Odds advantage: 3.65%
Units advantage: 23.87

Running advantage after 158 bets: +2,662.48 (+23.87 units)

Running units after 157 bets (40W|117L): +258.47 (-100 units)
13789  Economy / Gambling discussion / Re: Asian Football Cup 2019 Discussion Thread on: January 17, 2019, 06:34:24 AM
I didn't make single bets on yesterday's games, again using South Korea and Vietnam to pad up other parlays (they won, but stupid results in other countries meant I lost anyway).

You got your over 1.5 goals, they're definitely the favourites, but now that darkhorse Syria is out, I still harbour some small hopes for SEA through Vietnam or Thailand, but my personal pick is Qatar like you, and maybe Japan to at least reach the final. So today, I'm betting on Japan and Qatar, big games both!

Iran-Iraq turned out to be a scoreless, but at least both sides had shots, yellow cards meant a lot of spirit too!
13790  Bitcoin / Bitcoin Discussion / Re: AMA (Ask Me Anything): Bitcoin in the Philippines 🇵🇭 on: January 16, 2019, 02:26:48 PM
<snip>
The most devious part about the whole Trade Coin Club thing was he had been recruited by a member at his church! I really do understand why Filipinos have a hard time trusting each other.

Trust me, it's a Southeast Asia thing 100%. Filipinos find these things at a church, Malaysians, Indonesians, Thais, they find it at a Buddhist temple or at a mosque. I've seen HYIP pamphlets just stuck on the notice board at a mosque, and the name of the local imam stamped on it for further contact. They add Bitcoin, they add "free" they add interest rates and some random quote about religion and you've got a divine HYIP with Bitcoin. They'll make a lot of money cheating pensioners, and then when it collapses they pretend they were also tricked and that it wasn't God's will after all.

If you have a verified Coins.ph account, you can cash out BTC at the Cebuana remittance place for a fee of 3-5%. They also recently started an agreement with Palawan Pawnshop.

Another interesting thing is you can "cash in" pesos for BTC using these multi-function touchscreen machines at most 7-Elevens. So, the need for a physical exchanger is kind of bypassed so long as there's a 7-Eleven nearby.

It's still a tad expensive at 3% though! I know Alipay's targeting Philippine nationals in the US for remittance with their own crypto, and I'm sure if they looked very hard in the Gulf countries, plus the rest of SEA, they'd have a huge market. Problem is as this thread seems to concur, Bitcoin's got a terrible association with get-rich-quick schemes in PH.
13791  Bitcoin / Press / Re: [2019-01-15]Bakkt Acquires Certain Assets Of Rosenthal Collins Group on: January 16, 2019, 01:33:51 PM
Wow, Bakkt are going all in on this whole new venture, with no guarantee that the SEC would approve their Bitcoin ETF application. I hope they have alternative opportunities for these assets, if this application is denied too. CNN reported that the US government would only give closure on these applications in April 2019 now, so Bakkt are placed on hold again.  Roll Eyes

Or maybe they're sending signals that the company is ready or Bakkt is perhaps anticipating the approval coming from CFTC. So if everything goes in their way, they are all set and ready to serve its customers. But then again, we really don't know what's the final decision, it might get delayed again. So its better for us to prepared for the worse situation and not fully rely on something we can't control at this point.

I think they're doing this as a "win-win-win" approach, regardless of the Bakkt approval outcome.

1. The new resources could help tick further boxes to push approval.
2. If approved, Bakkt will already have a team working on paperwork and hit the ground running.
3. If not approved, other platforms will, or other jurisdictions will, maybe even far beyond US shores. Bakkt can diversify and offer their own compliance advisory instead, plus will have insider information to help other applications.
13792  Economy / Speculation / Re: Federal Reserve Blames Altcoins for Dragging Down the Bitcoin Price on: January 16, 2019, 12:14:38 PM
Crypto as a whole was taken down by the sheer amount og altcoins popping up, that I believe. But there were just as responsible for taking it to the most recent peak.
You are contradicting yourself with these two statements. Or, do I need to understand like altcoins were good when bitcoin was rising but not in down-fall market. How it will be possible ? I believe altcoin space got benefited while bitcoin was attractive enough as most crypto adopter also value diversification principles. But in current markets, altcoins are misleading investors with their fake bumps, like how BCH/ETH/Waves did in very recent times.

I'm not contradicting myself... I'm saying that, if altcoins are to blame for "bringing down the whole market", then they must equally be given credit for the crypto market bullrun of 2017.

The problem I'm saying is that it's wrong to put the blame on alts, or anything for that matter... people have been blaming speculators, alts, whales, manipulations. But if you think about it, these were all equally responsible for inflating the market back in 2017, and no one was pointing fingers at them at the time. No, we were praising them and patting them on the back.

You're talking about misleading and fake bumps now? You're saying 2017 was all genuine?
13793  Bitcoin / Bitcoin Discussion / Re: Are any of you paid your salary in crypto? What's it like? on: January 16, 2019, 10:08:48 AM
It's pretty awesome, if I'm honest about how I feel. I still consider myself a freelancer, even though the past year I've been generally focusing attentions on a couple of ex clients, they pay me on contract now so it feels more like a salary.

So I haven't actually bought any Bitcoin for a really long time, none in 2018 at any rate, but I suppose earning and then holding as much as possible is just one way of buying. I have a very regular selling schedule, to pay for expenses and bills. I have been converting as many activities as possible to Bitcoin: food delivery every week now, air tickets, online purchases where possible, so trying to minimise selling and just paying directly.

My chief employer buys from Kraken, and there is always an agreed rate on the final day of the month, how much it's worth by the time it hits out wallets isn't important. Of course value's gone up or down and I've been equal parts victor and victim or sudden spikes in value. So has the employer. We're all used to it by now.

Our company does this. Most of my co workers exchange theirs immediately while some who has more budget hodl them

Wow really ? What was the name of the company and which country you are residing ?  thats awesome if others will follow it because i do also want to get paid a crypto whenever i work outside  .   its cool because thats only an indication that our world is now evolving into a new upgraded version were our society will now go cashless .

Convince your company to use a service like Bitwage, or do it yourself and start getting paid in Bitcoin.
13794  Economy / Exchanges / Re: Crypto exchanges comparison [trade fee + listing fee + age + mobile app + more!] on: January 16, 2019, 08:20:05 AM
@Raja I wish I could, but the problem is I've not been a resident of my country for more than half of my life, working abroad for as long as I recall. Also don't stay long at places. So coming to KYC, they generally want a residence proof that is the same location as my passport, or resident card. But most places won't accept temporary residence cards, so I'm stuck on using my national ID or passport - which I can usually get ONE bill verified with.

I may be forced to try something a bit drastic, like maybe getting someone to sign me up for something at the address. Does anyone have good experience with Bittrex fiat withdrawal? Stayed away from Kraken after reading about horrible experiences there.
13795  Economy / Gambling discussion / Re: Odds, units advantage | Sportsbook | +2,505 units | 155 bets on: January 16, 2019, 07:48:11 AM
A second parlay in the row where our underdog won, and yet was let down by a clear favourite. This time, Peter Crouch, Charlie Adam (yeah, they're actually still playing) and Stoke contrived to end HT at 2-0, only to lose 3-2 to Shrewsbury, a League 1 mid-table team with only 7 wins out of 27 games.

FA Cup magic I guess.

Not liking today's games, but I'll go for favourites today for a change in FA Cup, Italy Super Cup, and Asian Cup.

Game 1: South Korea vs China. S Korea WIN @1.63. Nitro odds: 1.615
Game 2: Vietnam vs Yemen. Vietnam WIN @1.52. Nitro odds: 1.510
Game 3: Southampton vs Derby County. Saints WIN @1.7. Nitro odds: 1.693
Game 4: Juventus vs Milan. Juve WIN @1.52. Nitro odds: 1.508
100 units parlay at Bitcoinrush @6.394. Nitro parlay: 6.226
Odds advantage: 2.7%
Units advantage: 16.8

Edit, adding another parlay now that Betcoin is back up. Edit. OK can't place a bet...

Running advantage after 157 bets: +2,638.61 (+16.8 units)

Running units after 156 bets (40W|116L): +358.47 (-100 units)
13796  Economy / Gambling discussion / Re: Asian Football Cup 2019 Discussion Thread on: January 16, 2019, 06:54:00 AM
RIP the Syrian Dream  Cry

players played really great , they needed some little luck and better defense
the spirit today was great , it just confirms for me how bad Bernd Stange was for the team especially that he had the biggest salary for a coach in Syrian history
local Syrian coaches don't even get 2% of what Stange got , so money invested on that coach was totally wasted

anyway still plenty of matches to watch , lost my outrights for Syria but I still have Qatar to be best west asian team that can recover all if the Qataris kept their performance at the same level

I know... Sorry about that brother. In some ways, the players redeemed themselves threatening to at least get 1 point from the strongest team in the group, but it wasn't to be.

You're right, it was the wrong manager, and if they had just switched to a local guy just like the Thais did after the first game, who knows? Always strange for me even in my country, we send homegrown coaches and ex players fpr training and licences but in the end we get some foreign guy who to me always falls short anyway. Sometimes we just got to trust our men, the Thais did for a long time and got results.

Anyway, I don't have outrights but still like you betting on Qatar and for me Japan seem to have helped so far. Let's see.
13797  Bitcoin / Bitcoin Discussion / Re: Street Art fresco in Paris with a 0,28 Bitcoin puzzle in it on: January 15, 2019, 12:49:08 PM
Thanks a lot for all your nice comments!

The puzzle has been solved yesterday! 👏 The answer to the puzzle is a seed phrase of 12 French Bip39 🇫🇷 words (translated in english):

banker usury lie people fight hope union citizen lead triumph horizon yellow

Here's the names of the winners and the solution: https://www.pboy-art.com/single-post/2019/01/13/Solution-de-lénigme-de-la-fresque-La-Liberté-guidant-le-peuple-2019

Yes, amazing find and well worth the effort, not to mention the political message. Also just put out the news earlier today on our site.

We'll always support the work of you and the likes of you.  With all the corporate talk and suits surrounding Bitcoin, always nice to get some refreshing reminder of Bitcoin's ideological roots.

Vive le Bitcoin!
13798  Bitcoin / Press / Re: [2019-01-15] Breaking: Cryptopia hacked! on: January 15, 2019, 11:16:10 AM
Bad news. Mixed feelings about these guys. A true homegrown crypto startup, just a couple of guys and working to build a small platform for alts long before the alt bull of 2017. They had a lot of problems, eventually sold to new management last year, slowly turning around and then this.

I have always felt a kinship with those trying small stuff and working toward a bigger idea... But centralising will always be a point of failure. Apparently, an insider job this time. Can't see them pulling out of this...
13799  Economy / Gambling discussion / Re: Asian Football Cup 2019 Discussion Thread on: January 15, 2019, 07:53:25 AM
@Sy what do you think? If Syria can win, and Palestine either draw or lose, they're still through to next stage. If Palestine get a surprise win though, then even a win won't be enough.

Bottom line, they need to win against the strongest team in the group, to at least finish 3rd and still have a chance to qualify. Jordan did it, though, so worth a bet? I think so @7.3 Wink

Good luck Syria! Jordan deserves to top the group in any case, for their big wins.
13800  Economy / Marketplace / Re: BestMixer.io vs. Wasabi wallet on: January 15, 2019, 07:32:59 AM
This looks like one of them:
https://www.smartbit.com.au/tx/4650c380f745e1f522e836392dde40a6fc362c734c441156c5a9a5a3c3159065

If you were a chainalysis company, would you spray taint dust yourself without any explanation, or would you try to hide behind yet another centralized mixer service spraying harmless looking marketing dust?

Thanks... would you happen to have others from the same mixer?

This particular one is pretty insidious, almost 1,800 addresses touched by their very identifiable 888 satoshi outputs. The address does seem to be getting quite a bit of dust back as well, though, judging from recent 888 sat spends (and the address getting 696 sats back after 1 sat/byte fees)... so maybe this is people getting revenge and spending the dust back... at current network fees, it's very doable.

If I were a company, I'd spray quietly, rather than give a trail to a centralised service that could spill the beans on me.
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