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1461  Economy / Gambling discussion / Re: Have You Started Gambling Because You Want To Be Part Of A Gambling Campaign on: February 25, 2020, 08:31:57 PM
To be honest, no. But some of these campaigns seem very tempting and it drives me to want to do it more. Although I know it's not very appropriate to be tempted by such promotion if I wasn't going to gamble anyway.
1462  Economy / Trading Discussion / Re: Risk management , how ? on: February 25, 2020, 10:04:06 AM
Risk managment with cryptocurrency is something tricky.

Standard strategies aren't very useful. It's impossible to diversify within the crypto economy as every single asset in it has huge correlation with BTC.
Also, risk factors are very different. One should stay away from cryptocoins with old and weak networks, or ICOs that are very speculative and with no real work behind them. The characteristics to look out for also vary depending on the type of crypto. Ethereum tokens have different technical challenges from coins with their own blockchain.

If you ask me, it's more about studying technical parameters if you want to compare crypto assets. Sadly or not, there's no market and board overlooking listings in crypto exchanges. Any project could turn scam except community based ones like LTC/BTC etc. Large projects that are run privately are a larger risk. See TRON, crypto.com, Ripple etc.
1463  Economy / Service Announcements / Re: [ LastVPN.com ] - Anonymous VPN-Service with payment BTC from 9$/month! on: February 25, 2020, 09:39:30 AM
Do you offer any ways to connect such as obfsproxy so that censorship can be overcome?
Many firewalls are very good at including VPN hosts in their block lists and lately I've been disappointing by several different paid VPN services.
1464  Economy / Gambling discussion / Re: Will you borrow money as your bankroll if you trust your skills in gambling? on: February 25, 2020, 09:31:47 AM
This is never a good idea.
Gambling is always set in favor of the house/bookmaker and borrowing money just to put it on a wager not only increases potential losses, but can even result in financial ruin and bankruptcy as you end up losing more than just cash.

I wouldn't even do it  if the betting was on a 1v1 match and I was the player. Just too many things that can go wrong for such a risk.
1465  Economy / Gambling discussion / Re: For those who wears a signature of gamble service campaigns on: February 25, 2020, 09:28:21 AM
I sometimes do gamble and if the earnings come from a casino campaign I'd show them a preference.
But it also depends on certain factors. I wouldn't play dice if my favorite event I can gamble on is playing live, for example.

So this could be a trap for actually gambling too much. In my personal opinion it'd just be better to restrict one's gambling to real life social functions but I know that's not possible for everyone.
1466  Alternate cryptocurrencies / Altcoin Discussion / Re: New EU Law Will Make it Impossible for Banks to Ban Cryptocurrency-Related Trans on: February 25, 2020, 09:14:59 AM
This is interesting to hear but as with many directives, countries can be very laxed into forcing entities in their own territory to enforce them.
With banks especially, I've personally witnessed many of them breaking GDPR daily and yet national authorities of many countries do absolutely nothing to stop the, while the liability and potential prosecution is still there for small businesses. It's crazy what banks can get away with.
1467  Economy / Speculation / Re: Tom Lee 2020 Bitcoin to 30k on: February 25, 2020, 09:10:09 AM
Why would the price forecast from a CEO of a company in the crypto space be worth anything? He'd be very biased...

Many people say that the halvening is going to affect the price positively but it's just speculation and it's already likely that it was priced in before too! I just think that such predictions aren't to be taken seriously anyway, but coming from someone as biased I think it's just to get the word of their firm out.
1468  Economy / Reputation / Re: What's the point of trusting/distrusting someone if they never sent any feedback on: February 25, 2020, 09:04:18 AM
As the above posters have noted, distrust is affecting how the profile setting the distrust sees the profiles of others.
If the profile is also in default trust, then it can have an effect on voting for the exclusion of users they distrust. Those users in my opinion should be more careful with their votes as it affects the forum overall.

But other than that, it should be considered a personal preference. In my view, trust list exclusions should only be discussed if and when they come to a point to be blocking a certain user's ranking up to the so called "trust pipeline".
1469  Bitcoin / Press / Re: [20-02-2020] Attorney General Says Banks Can’t Refuse Services To Crypto Firms on: February 24, 2020, 12:59:07 PM
I doubt any such case could become reality in the US where it matters most.

Unless you mean it matters to you personally because it would benefit you, this is another common preconceived bias that isn't accurate.  

Contrary to popular belief, no, the US is not the centre of the known universe.  If you think one geographical region "matters" more than another, you probably need to check your privilege.
I'm in Greece so I have no benefit over accepting that the U.S. is the biggest economy in the world. Cheesy It's simply a fact that most blockchain-related enterprises also have their parent organizations doing most of their business in the U.S. also. I'd argue that development of the crypto space is delayed worldwide due to how slow regulation in the world's biggest economy takes is enacted.
1470  Economy / Gambling discussion / Re: Longest Break You Have On Not Gambling on: February 24, 2020, 09:46:51 AM
If we coult online gambling, I'd say 1.5 years. After some losses that at the time seemed like overdoing it, I took a long break and just sat back wathcing crypto prices.

Other than that, in my coutnry it's pretty frequent that you gamble tiny amounts in social functions, which I'll admit I've been doing frequently but thankfully it hasn't been driving any urge for  me to gamble more.  Cheesy
1471  Bitcoin / Bitcoin Discussion / Re: Bitcoin and the Black Americans on: February 24, 2020, 09:41:27 AM
Let us not forget the harm the ICO rush and ponzi schemes like bitconnect and FOMO3D also had on the general public.
People like those in minorities who tend to live under financially unfavorable circumstances and face larger discrimination, are also likely to fall for "get rich quick" type scams.
Before you introduce ANYONE to BTC and cryptocurrency, you'd be doing them a service to also offer some SOUND and RESPONSIBLE financial advice. Cryptocurrency carries a lot of risk to hold and loss of capital is a potential outcome that individuals holding crypto assets should always account for.

I wouldn't be surprised if many black Americans heard bad things about BTC if their friends had lost money in a ponzi scheme. Perhaps the truth is for people living in dire financial conditions, that they don't really need BTC in their day to day lives.
1472  Economy / Service Announcements / Re: LoLAccShop.com - Safe Unranked Smurfs | Starting at 9€ for 60K BE | Warranty on: February 24, 2020, 09:35:36 AM
I'd take an account for a vouch review if OP is interested. Perhaps a review would help with reputation here.
Let me know OP.
1473  Bitcoin / Development & Technical Discussion / Re: Why Bitcoin blocks are generated every 10 minutes? on: February 24, 2020, 09:29:20 AM
Come to think about it, if you see the difficulty re-target time, it's every two weeks approximately. And that's only because it comes every 2016 blocks, which is a number that if you multiply by 20 (2 weeks, 10 minutes) you get the minutes in a week.

And, on the other hand, block halvings happen almost around every four years. That would be ever 210000 to be precise. Or approximately 2100000 minutes. 2100000 divided by the minute in a year (525600) equals 3.99543378995. This is equivalent time to 126000000 seconds.

I don't know the significance of 126000000, if any, but the 10 minute block time target might have just been part of an attempt to have round numbers in seconds. In programming (don't take my word for it) seconds matter more than minutes or any other time measurement. See for example how how times is calculated with the UNIX system. It's all based on seconds. It's easier to keep track of accurately and derive minutes, hours, days and years from it other than the opposite.
1474  Bitcoin / Press / Re: [20-02-2020] Attorney General Says Banks Can’t Refuse Services To Crypto Firms on: February 24, 2020, 08:44:06 AM
Worth noting that it's in Israel!

I doubt any such case could become reality in the US where it matters most. First of all it's hard to define such things in federal jurisdiction, but also banks would fight it back for sure. What's more, is that businesses know better to move their banking offshore where they have guarantees their accounts won't be closed down. Fur such a case to even be brought to court, somebody would have to sue at fist. But serious creditors are never going to bother as they store funds abroad.
1475  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance is giving away money to them who are already rich! on: February 24, 2020, 08:39:21 AM
Welp, it's a free market and exchanges are under no obligation to be charities. Such competition is going to earn Binance more from fees and it's likely that if too many people are eligible that nobody of the participants will even earn more than they spenton fees, (unless they owned BNB from before also). It's a win for the exchange no matter how it turns out.

But don't think that stock markets weren't doing the same. Back in the day where monitors would cost tens of thousands, government controlled stock markets would give free positions to traders with large volumes. And it's still happening with fees. Brokers that bring on more cash tend to be getting better rates than you and I can get in terms of fees.
1476  Economy / Service Discussion / Re: Overview of Bitcointalk Signature-Ad Campaigns [Last update: 17-Feb-2020] on: February 23, 2020, 02:54:06 PM
And another one today:
[OPEN][SIGNATURE CAMPAIGN] 🚀KawBet | Bitcoin Casino & Crypto-currency 🎰

Rates:
Senior Member:      $ 10
Hero Member:         $ 17.5
Legendary Member: $ 25
1477  Bitcoin / Bitcoin Discussion / Re: Destroying Bitcoin with a single question on: February 23, 2020, 11:44:11 AM
That is not a very good argument against any asset that can be traded freely.

The questions to destroy OP's bitcoin destroying question would be pretty simple.

Where would the price reach if a party with that wealth wanted to buy all of bitcoin?
Would everybody sell? How about mining?

It's something against any rational party's interest. Freely tradable goods are only valuable so long as there's demand and a market around them. No rational actor will ever want to buy all of bitcoin. Even considering that it might be possible and overlooking other holes in this mindset. Any issues that might arise from a single party owning all of BTC are less severe than a single party owning all of another asset.

If a party buys all of the stock of a company, it's faced with devaluation if they seek to liquidate again. Value is based on human actions and not on utility with stocks. After a stock is desisted, there's no free market for it unless regulators step in again to allow a re-listing. With bitcoin, those hurdles wouldn't exist. The party owning all of BTC could liquidate without limitations. Not even those limitations phrased in the OP. It doesn't matter that BTC can't be liquidated like company assets, because it can be liquidated in any other way.
1478  Economy / Gambling discussion / Re: Online gambling or Casino gambling? on: February 23, 2020, 11:40:49 AM
After having experienced overcrowded casinos, overy regulated gambling and ultra-high taxes along with bad house-edges on real casinos, I'd always go for the experience of an online casino. That is in terms of the metrics however.

The real life experience is always better. If I wanted to have fun with a coupe of friends on an occasion, then a real life venue would of course be irreplaceable. Bricks and mortar casinos make up for the experience with providing free drinks and snacks sometimes. But if you live in an area where casinos are scarce and you have to squeeze between others you're unlikely to enjoy that much. 
1479  Economy / Gambling / Re: 24kCasino - Quick Payout | Loyalty Rewards | Welcome Bonus | Bitcoin-ETH-LTC ✔ on: February 23, 2020, 11:31:13 AM
Another week goes by and my funds are still not with me.
I really wanted to like this new casino and support it with constructive feedback but it's made harder and harder when I can't even withdraw.
1480  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Do you believe Coingecko's Exchange Liquidity rank? on: February 22, 2020, 10:00:56 PM
Coinmarketcap has attempted to create a so called 'adjusted volume' metric. It's now the default ranking other than the volume exchanges report.
However, it's still hard for any such website to get reliable statistics. Very few exchanges give out data in a way that each trade could be calculated back to the full volume. Since most don't ranking websites have to rely on listing exchanges based on reported volume and/or come up with their own ways of putting a weighted multiplier based on how much an exchange is likely to be lying about volumes and to what extent.
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