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14641  Other / Meta / Re: Ideas for topic ordering in altcoin announcements? on: December 11, 2018, 04:34:29 PM
My Idea is to screen each projects in that section and let them pay for it for  you to enable to form a group that will screen every project.

It is impossible to detect 100% of scams. Bitconnect traded for months and fooled thousands of people. EOS is a scam yet peaked at number 4 in marketcap and had the most successful ICO ever. It still has a daily volume of $800 million. The obvious scams are easy to pick out. The elaborate scams which will fool the most people are the ones that are the most difficult to detect.

By having a group that screens every project, you inadvertently present the idea that any project that makes it past the group and is posted on the forum is legit, when in fact, it could be one of the biggest and most elaborate scams yet. For the same reason that the forum doesn't moderate scams, I don't think it would be a good idea to try to moderate which ICOs can be posted. I can already picture hundreds of threads in Meta saying "I invested in a project approved by this forum and I got scammed - I want my money back".

14642  Bitcoin / Bitcoin Discussion / Re: TechCrunch throws shade at Coinbase on: December 11, 2018, 10:20:09 AM
coinbase is just another subsidiary arm of DCG.co. who seem more interested in the capitalist greed than the bitcoin/blockchain purist mindset.

It is true to say that Coinbase are far more interested in pure profit than they are in being blockchain or bitcoin purists, promoters, or users, but they are not a subsidiary arm of DCG. Digital Currency Group provided early funding to many crypto based projects, including Coinbase, Kraken, Ripple and BitPay, but these projects are not wholly or in part owned by DCG and therefore are not subsidiaries. Having said that, it is very suspicious that Barry Silbert (owner of DCG) is a big promoter of MANA, and apparently bought a ton more over the last few weeks prior to the Coinbase announcing they will start trading it. I wouldn't be surprised if most of the Coinbase staff had done a similar thing. This is exactly what happened during the launch of BCH. They are a shady exchange and there are far better alternatives out there.
14643  Other / Meta / Re: Ideas for topic ordering in altcoin announcements? on: December 11, 2018, 06:11:44 AM
If a Thread has more then 2 or 4 exactly the same messages like copy and paste (plagiarism)  the thread get locked by the system !

Or if the Thread last 5 posts only "Good Projekt"  the thread gets automatically sorted out and reported to the Mods !

Again, this would be easily abused by campaigns hiring bots to spam competitors' threads with identical posts and therefore get them locked.


I suggest bump of topic only happen when somebody who had earned 5 merits in last six month reply on it.

I would make the criteria somewhat stricter, say 5 merits in the last 30 or 90 days, but I like this idea a lot. However, it does still run the risk of creating a marketplace for certain users to sell their "bumping ability".
14644  Economy / Gambling discussion / Re: Cloudbet's English Premier League Football Pool Discussion Thread on: December 10, 2018, 09:22:23 PM
Well, an offside goal for Everton thanks to Walcott's poor positioning, and Mina being very lucky not to be sent off for his challenge on Success.

This game should currently be 0-0 with Everton on 10 men, rather than Everton 1-0 up and without a red card. If I were an Watford fan I'd be pissed, but it plays in to the hands of my prediction, so I'm not. Grin I do think the league needs VAR though.

Edit: No sooner do I post and Watford equalize. I've predicted 2-1 Everton so another goal from them would be nice.

Double edit: 2 for Watford in 2 minutes. And Everton missed a penalty. Ouch. Karma is served.
14645  Bitcoin / Bitcoin Discussion / Re: BTC market dominance: why it doesn't matter on: December 10, 2018, 08:48:42 PM
Market cap and bitcoin dominance are near useless statistics in a world where multiple scam ICOs are launched on a daily basis.

I can go and create a new ERC20 token in under an hour. I can design it to have 1 billion tokens, and I can get it traded on some 2-bit exchange without too much difficultly. I can then sell a single token to my friend for $10. Boom. My project now has a marketcap of $10 billion. It becomes the number 3 biggest cryptocurrency in the world at current prices, and I've just knocked 5% off of bitcoin's dominance from 55% to 50%.

These numbers are an exaggeration of course, but this kind of thing is happening several times every day with all the new ICOs and tokens that are being launched. They dilute the market with their fake marketcaps, and make bitcoin dominance not a particularly useful or helpful statistic to track.
14646  Bitcoin / Bitcoin Discussion / Re: TechCrunch throws shade at Coinbase on: December 10, 2018, 08:39:51 PM
Just a few months ago Coinbase said they would add some new coins based upon their Digital Asset Framework.

Now, I don't know anything about a lot of the coins listed in the article because I'm not really in to shitcoins, but there are some blatantly obvious contradictions in there - XRP and EOS aren't decentralized for a start, which goes against their very first point. I would bet that most, if not all, of these coins would be excluded for one reason or another.

Having said that, I am not surprised Coinbase are jumping in to the alt game. Go to https://coinmarketcap.com/exchanges/volume/24-hour/ and look at all the top exchanges. They all list loads of coins, and a significant amount of their volume (and therefore their profits) comes from alts. Coinbase have always been solely about profits - insider trading scandals, absolutely extortionate fees for all the newbies who didn't know about GDAX/Pro, awful customer support, accounts being locked indefinitely, etc. It is not really surprising they now appear to abandoning their own standards to list a bunch of shitcoins. I haven't used Coinbase in a long time, I don't plan to ever again.
14647  Economy / Trading Discussion / Re: Learn how to diversify your crypto portfolio and manage risk. on: December 10, 2018, 08:15:40 PM
There are lots of benefits to having alternative holdings. You could cover up a loss in one with gains in another.

When Bitcoin goes up, the whole market goes up. When Bitcoin goes down, the whole market goes down. You aren't going to cover your losses in one asset by owning another asset that moves in the same direction. Yes, you may get lucky and pick the one altcoin that is going to pump and buy it at the right time and sell it at the right time, but as BitHodler has said, you might as well be gambling at this point. You have a better chance of making money by just putting your entire stack on a single number at the roulette table.

The only altcoin I can see at the moment with any real use is Monero. Ethereum had some potential but it is being squandered on thousands of trash tokens using it simply to scam. I'll stick to Bitcoin thanks.
14648  Other / Meta / Re: Ideas for topic ordering in altcoin announcements? on: December 10, 2018, 08:01:19 PM
Maybe it'd give certain users overwhelming influence, though.

You could easily get past this by setting a cap per user - e.g. max of 50 points (or any other number) added to the score per user. A user with 511 earned merit adds 50 points, a user with 1000 earned merit adds 50 points. I think it would be worth setting a lower cap too - anything below 10 earned merits doesn't count, which would have a similar effect to stopping posts from anyone below Member rank from bumping the thread.

Any system involving the average score will simply result in botnets being paid to spam competitors' threads and therefore decrease their average score. Similarly, anything involving reports will result in either mass reporting of competitors' threads, or even spamming of competitors' threads with trash for the sole reason of reporting these posts. Either way, far too much additional work for the mods.
14649  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: December 09, 2018, 09:30:07 PM
Anybody watching Newcastle vs Wolverhampton?

I had the game on in the background while doing other stuff. Didn't seem particularly exciting but you've got to feel bad for Newcastle. The Boly elbow on Perez was a clear penalty in my opinion (https://gfycat.com/WellmadeDamagedFreshwatereel), and the second Wolves goal came in the 94th minute. Having said that though, Newcastle's defending was atrocious. Watch this replay - https://streamja.com/JZgE. 4 Newcastle defenders in front of the ball, none of them try to tackle, none of them try to even close him down or put pressure on, none of them look around and mark any of the other Wolves players. All 4 of them just run with Jota in to the box and give him plenty of space to get a shot off, and Doherty is completely unmarked for the rebound. Shocking play.
14650  Bitcoin / Hardware wallets / Re: Ledger is having a Winter Holiday promotion! on: December 09, 2018, 09:10:05 PM
Strange that just a couple of weeks ago we had Black Friday and Cyber Monday yet I don't recall this kind of discount.

They had a 50% discount on during the Black Friday weekend. There was a thread about it here: https://bitcointalk.org/index.php?topic=5074148.0


With crypto prices dropping this much in 2018, there are many that decided their crypto funds don't worth so much anymore to justify buying a hardware wallet.

True, but many of their sales will be to first time crypto owners. The recent price dip means nothing to them - $5000 will buy you $5000 worth, regardless of the current bitcoin price. I'd also argue that if you own anything over a couple of hundred dollars worth of crypto, a hardware wallet is worth it.
14651  Other / Meta / Re: Announcing the 🦊 Vulpine Order of Merit 🦊 on: December 09, 2018, 08:44:43 PM
As I continue to ramble through this piece of prose disguised as an acceptance speech, thinking about nothing but cookies, and how many I could eat before I reach serious consequences, I find myself googling how many cookies it takes to overdose. I scan the related topics, as no one is stupid enough to have asked or answered this same question before,

The median lethal dose or "LD50" of sugar has been ascertained to be just shy of 30 grams per kilogram of body weight in rats.1 Assuming your weight to be 80kg (adjust as necessary), then you need to eat 2.4kg of sugar in one sitting to have a 50% chance of dying. Given that your average chocolate chip cookie has 32g of sugar per 100g,2 then we are looking at consuming 7.5kg of cookies in one sitting. Given that sugar concentrations in the blood maintain a peak level for only around 10 minutes after consumption,3 and the average cookies weighs around 12g,2 then 7.5kg of cookies in 10 minutes works out at 1 cookie every 0.96 seconds for 10 minutes without a break or time to drink. Good luck.


If a company is selling rat poison made specifically for human consumption, it is pretty well understood that the business would fail, as not too many people would be interested in poisoning themselves for a good time.

Hate to be "that guy", but there are literally millions of people around the world who take rat poison made specifically for human consumption on a daily basis, in the form of a drug called warfarin.4

Also, welcome to the club! I'm still awaiting my delivery of the deadly mist though, so don't hold your breath (pun intended) for your bunny.



1 - http://www.sciencelab.com/msds.php?msdsId=9927285

2 - https://www.eatthismuch.com/food/nutrition/chocolate-chip-cookies,4084/

3 - https://www.researchgate.net/figure/A-Plasma-concentrations-of-glucose-before-and-after-a-30-min-duodenal-infusion-of-16_fig5_264573829

4 - https://clincalc.com/DrugStats/Drugs/Warfarin
14652  Other / Beginners & Help / Re: which is the best and safest bitcoin wallet?? on: December 09, 2018, 08:13:50 PM
In my opinion, The Best and safe Bitcoin wallets are Coinbase and Blockchain. Both are secure. Both have 2 step verification. You should use coinbase and block chain wallet.

Keeping your coins in any online wallet (web wallet, exchange account, etc) is bad idea. You are trusting someone else with your coins. These online services can be hacked. They can exit scam. They can become insolvent. They can close down. They can lock you out of your account. They can go down when you need access to them. If your funds are stored online, they aren't really your funds. The whole point of crypto is to move away from a third party having control over your money.

"Not your keys, not your bitcoin", as the old saying goes.
14653  Other / Beginners & Help / Re: which is the best and safest bitcoin wallet?? on: December 09, 2018, 02:29:55 PM
A Trezor only costs ~$95. You don't need to have $350k worth of Bitcoin to make it worth buying one.

Exactly this. I bought my first hardware wallet when I had $300 worth of BTC. They are a great investment.

Note that Ledger currently have a Christmas sale on, so you can pick one up for €69.99/£69.99/$65.65 through their official store here (https://www.ledger.com/collections/all-products) or one their licensed retailers here (https://www.ledger.com/pages/retailers).
14654  Other / Meta / Re: Which hosts don't give you the proxy error? on: December 09, 2018, 02:25:00 PM
If you want real privacy and you are going to post files here then I recommend you upload said files using a proxy as well. You don't have anything to lose.

A private VPN costs a couple of dollars a month, even less if you pay for a year at a time. We are talking in the range of 0.01 BTC at current prices for a year's subscription. If you are this concerned about privacy (which you are right to be), I would suggest that it is a very small price to pay. I'd recommend this site for some help in finding the one that is right for you: https://thatoneprivacysite.net/vpn-section/

Imgbb still works just fine over Tor, by the way. The only issue was with your file size being >2.5mb and so the forum not allowing it. Simply resize your image in any image editor and re-upload.
14655  Economy / Economics / Re: Who thinks that current situation has to do something with mining? on: December 09, 2018, 02:18:41 PM
I'm really scared of where these ASICs will be used in the future. Perhaps some criminals will buy a lot of such cheap processors and successfully complete a 51% attack on the blockchain.

https://www.blockchain.com/en/charts/hash-rate?timespan=all&daysAverageString=7

The hashrate is currently sitting at around 36,000,000 TH/s. Yes, we are down from the peak of 55,000,000 a few months ago, but bear in mind we only hit current levels for the very first time back in June. For the last 9 years leading up to June this year, we have been sitting below currently levels, the majority of that time being significantly below. This time last year (so at the peak of the bullrun and all time high of 20k, when a 51% attack would have been the most profitable it has ever been), we only had a hash rate of around 12,000,000, which is a third of what we are sitting at at the moment.

The biggest pool at the moment is BTC.com at 18.6%. We are still a long way off a 51% attack being economically viable.
14656  Other / Beginners & Help / Re: which is the best and safest bitcoin wallet?? on: December 09, 2018, 01:53:57 PM
all are safe if you do not share your password or private key with others

Absolutely not. All wallets can be hacked, and there is no such thing as a completely safe wallet.

Web wallets are a poor choice in general, as your private keys are stored online and are therefore a target for hackers. The same goes for storing coins anywhere online, such as on an exchange. Just don't do it. If you don't personal control private keys, then you don't really control your coins. Desktop and mobile wallets are a relatively safe, provided the device you are using them on is secure and not infected with any malicious software. Hardware wallets are your best choice - the two most well known and widely used being Ledger Nano and Trezor, as ETFbitcoin pointed out.

Most people generally use a hardware wallet as their main storage device for the bulk of their crypto, and use a desktop or mobile wallet for small amounts of day-to-day funds.

There is a stickied thread here that you may want to read: https://bitcointalk.org/index.php?topic=1631151.0
14657  Other / Meta / Re: Which hosts don't give you the proxy error? on: December 08, 2018, 08:20:43 PM
Imgbb still works fine - as morvillz7z said the issue is with the file size.

If you copy your url in to imgur, the picture will be autocompressed from around 3mb down to less than 0.5mb, and you can then post the imgur link. That's probably the quickest solution without having to download, manually resize and then re-upload your picture.
14658  Other / Meta / Re: [RELEASED] @mention notification bot - now with Telegram on: December 08, 2018, 08:15:23 PM
Thanks Piggy, that seems to be working now.

I tried to set my alias as oeleo. I suppose this post will serve as a test to see if that's working.

Edit: Confirmed alias is working as well. Thanks again.
14659  Economy / Gambling discussion / Re: Cloudbet's English Premier League Football Pool Discussion Thread on: December 08, 2018, 08:04:20 PM

If my avatar was a hat, I'd be eating it right now.


My choice is Kane and Salah as VC.

Kane not on the field to start. I suspect he might get to rest the whole game if Spurs are dominating, or come on shortly after half time if it's still 0-0. He's unlikely to get a hat-trick so hopefully for you he stays on the bench, otherwise you are might be looking at a 2 pointer captain.


Liverpool go top this weekend after City lose 2-0 to Chelsea.

Congrats to you. As much as I hate Chelsea for screwing up my predictions, I'm glad to see City get beat and lose the top spot.
14660  Bitcoin / Bitcoin Discussion / Re: Last block... 22 minutes ago... ? on: December 08, 2018, 03:44:13 PM
And there we go... 1 hour without blocks...

Could this be the first time this happened?

It happens fairly regularly, and sometimes for much longer than 1 hour.

Back in 2014, there was a gap of 2 hours and 2 minutes between blocks 301595 and 301596. Or just back in October this year, there was a gap of 1 hour and 39 minutes between blocks 544476 and 544477. Or how about the gap of 6 days between blocks 0 and 1.

In the hour following OP's "delayed" block 552995, we had 9 blocks. In the hour preceding the preceding block 552994, we had 11 blocks. There were total of 20 blocks in these 3 hours, giving an average of 9 minutes per block.
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