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15121  Economy / Gambling discussion / Re: Bitcointalk's FIFA World Cup Pool Discussion Thread on: July 14, 2018, 04:02:19 PM
Now it's 2-0 Belgium. Please no last minute goal I have Belgium to win 2-0 for ~300 pts.

Edit : I still have a small chance for 5th place never lose hope.  Cheesy

Looks like you got your wish! Joker on it too, I hope? I used my Joker on a goal fest result, 0 points. And couldn't even get anything from the bonus. That definitely puts me out of reach no matter the other outcomes since Max I could get tomorrow is 400++ even with 60 from bonus.

@lfc I'm probably going to take a sidebet for higher placed finish with tokeweed. Liverpool will always be my choice, see if he wants to stick with his Man Utd. Bookies like the Red Devils.
15122  Economy / Speculation / Re: For all those frustrated by the price on: July 14, 2018, 02:47:20 PM
That's the joke. Not necessarily for McDonalds, but for minimum wage.

Funny how that only makes sense in developed countries, but yeah I always get the joke. You could actually earn a lot more in my country working fast food than in say... construction. Think it's the other way round halfway across the world.

All distracting from the point that if you bought Bitcoin at ATH, you've only lost 65% of its value. That loss is only realised if you sold, too. But yeah, as long as people buy into that false impression, I'm happy to be on a smaller bandwagon of Bitcoin users.
15123  Economy / Gambling discussion / Re: Bitcointalk's FIFA World Cup Pool Discussion Thread on: July 14, 2018, 12:50:00 PM
Bonus challenges open in about 15 mins guys! I don't have any bets for today. Just want to sit back and watch the goals flow (please flow, I'm bored). Got my Joker for a 5 goal spree, but maybe will tone it down to 4 goals. They better deliver, so I can break into top 3 haha.

Good luck to everyone. tokeweed, I'll take you on sidebets for EPL, don't worry. I've to back LFC here cause France are itching to right their last Final fiasco.
15124  Bitcoin / Press / Re: [13-07-2018] Scammers to Leak Users Masturbation Vids Demands Bitcoin Ransom on: July 14, 2018, 10:08:17 AM
Pah. Anyone sent a vid of me tugging away and grunting would be so appalled they'd delete it before they got hot under the collar. I'd just ask for royalties instead if goes public, and the T shirt rights.

Couldn't have said it better. Either that or I become a victim and I publish a Bitcoin address to get a neverending stream of donations from sympathisers, fans, crazy people. What's Cornell doing wasting its time on this haha.

People should just try sending that Bitcoin ransom, track down the "hacker" when they sell/liquidate. No quicker way these days to get your wallet blacklisted. Getting old, and exchanges are all on the lookout.
15125  Economy / Gambling discussion / Re: Tennis League All Thread on: July 14, 2018, 08:23:27 AM
WOW! What a match by Đoković and Nadal! Did you see that level of playing, especially at the end of tie break? Just wow! This is best that tennis can offer right now, and I so missed it!
Also, now is official, Novak is back!  Cool

Can't wait tomorrow for resume of the match!

I'm probably going to miss the rest of the match... I can never find a stream when they have to resume for tennis, so it's been a weird tourney for me so far, hardly ever see a match ending!

And that epic Andersen match, incredible. I couldn't watch anything but the first few minutes, and I was shocked to come and check later and it was still going on. Tell you what, there's no disappointment in Wimbledon semifinals. It's going to be a crazy final, whoever meets Anderson. Just hope they've still got some petrol left in their tanks. My Djoko bet looks all right. Nadal typically won back a set after losing one.

One bet for me today. Serena Williams of course. Not that great winnings, but there's no way she'll lose unless some injury forces her to retire but she'll do it in under 2 hours.
15126  Bitcoin / Bitcoin Discussion / Re: BTC parabolic bull run will not happen everytime on: July 13, 2018, 07:54:57 PM
The hopeful speculator inside me, and inside all of us, hold history to account. Every time this "parabolic bull run" happened, people advised caution and pragmatism, saying that the best had already come and gone, yet Bitcoin proved them to be wrong a year, two years later. But it's helpful to have that same pragmatism now. We've to concede that the 20k ATH was not quite the same bull run we'd witnessed before, or we'd read about before. It's going to take so much more to bring it back to even that same ATH, and grow from there.

Not that it won't happen. Just that it's unlikely, at least not for the foreseeable future. The math is there, yes, but the reality that needs to be in place for those numbers to happen? We're still groping in the dark for that.
15127  Bitcoin / Legal / Re: KYC and AML Compliance can help cryptocurrencies to earn legitimacy on: July 13, 2018, 06:36:06 PM
I suppose that's the positive aspect, but I find that this is maybe the point of view of the suits and ties. Bitcoin doesn't really (to me) need to earn the legitimisation of the state. It's already recognised by us who use it. Those states and central entities who don't recognise it do so at their own loss. I can see perfect sense and even benefits for regulations... Mt Gox made a lot of people lose money, and Japan thought that was the wake up call for them, and power to them if Bitcoin becomes normalised and is just another currency for them. But if regulations and KYC means that the way we're used to using Bitcoin comes under threat? I don't know how I feel about this.
15128  Alternate cryptocurrencies / Altcoin Discussion / Re: Writing better ICO whitepapers on: July 13, 2018, 04:54:23 PM
$5 or $500, at least this academy recognises that the best person to write the whitepaper is the project owner. There's no substitute really. Of all the things projects outsource, the soul of the project is one that shouldn't be. Hire someone to edit, clean, tidy up, sure. Another to create marketing one pagers and presentations out of it, of course.

But no, never to write your whitepaper. Would you outsource deep sea diving and brain surgery if that were your profession? (To use the examples on the website itself).
Definitely agree to this one which if you do have an idea into your mind about a certain project i cant think of that i would let others do write of the whitepaper which this is tending to be the backbone of your entire project and no other people would able to put out every single detail of it which is on your mind and as you have said they can either edit, check for grammar errors and any related things but this would only be their job no other than that.
The whitepaper is the soul, as I said. Maybe the coding later on and the infrastructure, should all be the brain and the heart, and you can always plug people into it. But the conception of the idea. The why and the how. That's probably way underestimated and the reason why so much crap is out there. BIPs published here are currently many times better than the standard WP fare in just so many aspects.

$5 or $500, at least this academy recognises that the best person to write the whitepaper is the project owner. There's no substitute really.
Exactly. Except maybe a writer who becomes so familiar with the subject that they practically become one of the project owners.

How would that be possible unless the project launched without a whitepaper? The subject isn't enough for a whitepaper, though said writer could certainly be a good critic or peer reviewer... which again goes back to the earlier point I made. By all means, get your WP peer reviewed, get it looked at and do whatever you need to professionalise it. Add a better communications slant. But there's no logic to having a WP written by someone else other than the project owner. If the project could work that way... I'd say it's a pointless project.
15129  Economy / Gambling discussion / Re: Tennis League All Thread on: July 13, 2018, 03:54:38 PM
Really epic game going on now but my stream was killed just minutes into the first set, so I'm forced to follow the drama on BBC pfft. Every set so far's been a tie-break, Isner now leading 2-1, and this one also looks set to be headed the same way.

Taking a last-minute bet on the other gargantuan game... Djoko -0.5 sets @2.03. Because Nadal looked like he was dipping into reserves on the QF.

https://www.bitcoinrush.io/sportsbook/ShareBet?id=VftSwhjxaCKlnVR2uZCj4HJeXhsNE7YZDHsWb8tdHk4%3D
15130  Bitcoin / Bitcoin Discussion / Re: Decentralized Vs Centralized Exchanges on: July 13, 2018, 02:30:10 PM
The average Joe doesn't find decentralized exchanges really user-friendly and find it difficult to use. With the regulations increasing people should take a look on DEX more closely because in some years they may be more used that centralized exchanges

May be centralised are best in terms of your security and safety too.

Most of the popular exchanges have been hacked once and surely more than the DEXs so I am not sure if it's right to say centralized are the best in terms of security...

That is true. The friendliest one I've experienced is WAVES Dex, although I have seen some other DEX demonstration on a beta app that looked really attractive, with simple cross-chain swap functions, but yeah, easy to speculate on how great your product is but it means little until it's a working product. Whatever else I've tried is clunky and inspires no confidence for the regular person afraid to make mistakes and lose funds.

Bancor recently got hacked, and if I'm not mistaken, aren't they supposed to be a sort of decentralised exchange? Or liquidity platform or something?
15131  Bitcoin / Bitcoin Discussion / Re: Bitcoin fees on: July 13, 2018, 02:19:50 PM
The bitcoin transaction fee is extremely low. It is based on modern blockchain technology. This is a great opportunity for investors to enter the cryptocurrency market with ease. Future bitcoin will increasingly attract more investors.
I don't think you have traded bitcoin before , if you have you won't say the bitcoin transaction fee is low. At a low peak when the network is not congested, I pay about 5 percent on my transanctions from blockchain.info account. Even that is not priority ,but regular.
It's you who is not understanding what fees are, not him.
You pay from a web wallet, a fee that is imposed by the company that owns it.
Blockchain.info can set withdraw fees as they wish, it doesn't matter what the average tx on the blockchain (not.info) is.
Same for locabitcoins which charges a deposit fee!!!!

In the last block, this tx got confirmed..

Total Input   2 BTC
Total Output   1.999995 BTC
Fees   0.000005 BTC

Is this low enough for you?

I guess people only see what they want to see. And this is yet another example of actually how very few people there are "into Bitcoin" that know how to use Bitcoin at its most basic level. They get a Coinbase wallet or similar, have never interacted directly using their own private keys, and then complain about fees and how vulnerable Bitcoin is to hacks.

5% of transactions is also way ridiculous, I have been paying about 141 satoshis on almost every transaction made in the past 2 months. So even if I sent a dollar I'm barely paying 1% (and I don't send $1 payments).
15132  Bitcoin / Press / Re: {12-07-2018] $1.5 Billion Bitcoin World Cup Betting Bust by Police in China on: July 13, 2018, 12:57:35 PM
Not even with the world cup the Chinese do not stop from chasing bitcoin, this news is for them to say that bitcoin is used to commit crimes and that's why they are against bitcoin and that the world should be against bitcoin, obviously with the shady politics of china, bitcoin would not be welcome in china. It is very sad these Chinese want to accuse bitcoin of malefic things when they better than anyone in this world know that it is not blame bitcoin, but it is the fault of people who use bitcoin for malefic purposes, in the same way that these same Chinese destroy countries of other people and destroying forests because they want timber.

Chinese aren't chasing Bitcoin in this matter, not is Bitcoin used to commit crime. The crime would be committed, whether or not Bitcoin existed. Bitcoin's simply the means to facilitate their transactions, and they're probably not choosing Bitcoin because it's better than fiat or because it's better than any alternative. They're using it because the blackmarket bookies are accepting it.

If the same bookies only accepted cash, does this mean cash is used to commit crime?

Thats it but if they don't want bitcoin should they use it illegally? They should sanction it in their own country and allow others to use it

You're missing the point...
15133  Bitcoin / Project Development / Re: Has Anyone Used Estonian E-Residency to launch an ICO? on: July 13, 2018, 07:39:30 AM
Yeah, I've been studying this Estonian E-Residency for some months now, though it appears that the "full package" can be quite costly to obtain (some capital required). However, aspects of the programme appear to be accessible, as proven recently by an application successfully going through for a crypto exchange licence - an individual applied on his own and got it last month after only 2 weeks: https://bitcointalk.org/index.php?topic=3018363

Estonia abandoned its own plans for a national ICO, but also seems to be going ahead for ICO regulatory framework. Gibraltar might be farther ahead with this, but aimed at institutional grade investment.
15134  Bitcoin / Project Development / Re: Anyone applied for Estonian cryptocurrency exchange/wallet licenses? on: July 13, 2018, 07:10:41 AM
Hey! I did it myself, it was definitely serious work, I would say 5-7 full workdays to prepare the whole documentation, at least 10 days with the whole process, preparation, etc. No, I did not involve lawyers at all.
I don't understand the passport question, sorry. Sad
Also I don't really know about the compliance, we just want to launch now, all other tasks comes later.

Hope this helps!
 

It definitely helps, and thank you for responding to this (although I only am checking back right now!).

What I meant by the passport question is... since Estonia is an EU member, I was just wondering if this now means your new crypto license can be "passported" out to other EU member nations. This is because some countries like in the UK, some of its payment services licences (they have 3 levels I believe, depending on the services provided) can easily be used to apply for similar licences in Europe (although Brexit might change this). Just wondering if it's the same for Estonia.

Well done again, let us know when you actually launch!
15135  Economy / Gambling discussion / Re: India to legalize gambling and sports betting on: July 12, 2018, 01:42:32 PM
About time. The US has finally come to its senses about legalising sports betting, and India should get on board. God knows how much their economy would benefit from revenue.

Normally wouldn't immediately see it as a good thing but in India's case, it's way beyond control. With regulated gambling, they should also make some headway into match fixing. Cricket there is such a disgrace, but with so much riding on blackmarket betting, who wouldn't throw a few games for easy money?
15136  Bitcoin / Bitcoin Discussion / Re: Decentralized Vs Centralized Exchanges on: July 12, 2018, 12:10:50 PM
I guess this topic should be moved to Trading Discussion . .

Decentralised exchanges are like free tickets to scams and you may loose your money over these tiny volume gainers. They raise millions because people are a lot and they put their money over there but what about the benefits of investors?

These mostly end up with dead volumes, no trading order gets filled fast as long as it is unique project or overhyped one.

May be centralised are best in terms of your security and safety too. You dont have to share the private keys here where decentralised one may ask for it.

Choose wisely.

Not sure what you're on, mate but last I checked centralised anything doesn't give you any control of your private keys. How could they? You need to keep your funds with them.

Show me one centralised exchange where you own yout private keys. And while you're at it, show me a dex that asks for your private keys. I'd really like to know yout sources!
15137  Alternate cryptocurrencies / Altcoin Discussion / Re: Writing better ICO whitepapers on: July 12, 2018, 11:44:36 AM
$5 or $500, at least this academy recognises that the best person to write the whitepaper is the project owner. There's no substitute really. Of all the things projects outsource, the soul of the project is one that shouldn't be. Hire someone to edit, clean, tidy up, sure. Another to create marketing one pagers and presentations out of it, of course.

But no, never to write your whitepaper. Would you outsource deep sea diving and brain surgery if that were your profession? (To use the examples on the website itself).
15138  Economy / Gambling discussion / Re: Bitcointalk's FIFA World Cup Pool Discussion Thread on: July 12, 2018, 11:00:36 AM
Trofo you bastard haha. I was really hoping the scores would stay at 1-1 because I knew for sure you were backing Croatia at 2-1 but fully deserved extension of your lead for backing your own country.

I sorely want to get a joker right on the final and maybe a Croatia win will get that, but then looks like a few of us will also be betting on that outcome.

Maybe a 3-2 Croatia win or some other crazy score. Croatia aren't exactly goal scorers though... Not against France I can't see it anyway.
15139  Bitcoin / Press / Re: [2018-07-05] At What Price of Bitcoin Will the Market Panic? on: July 12, 2018, 10:32:41 AM
Couldn't have said it better. Of course, the 5k barrier/floor still represents some form of psychological impetus, but I suspect everyone who's partial to panic has already panicked and probably clicked sell a long time ago. Those freshly in at around 7k probably will also be tempted to cut losses at 5k or 30% but as you put it, the ATH promise is too strong.

Be interesting at 5k, my own prediction is a 5.5k low, in some thread somewhere based on amateur RSI data, but tempting to be earning below a 5k price. When $50 is already over BTC 0.01.
15140  Economy / Gambling discussion / Re: Tennis League All Thread on: July 12, 2018, 09:03:41 AM
Red-Hot favorite Roger Federer has been knocked out by 8th seed Kevin Anderson . What a match! Amazing points , amazing calmness and the south African deserved the win.
https://busy.org/@amr008/anderson-beats-federer-in-a-5-set-thriller

Yeah, was well worth losing my parlay to get out such a good game, Federer was heavily tipped to win (when isn't he, anyway, right?). That's what you call style, though, has got to be his best match, and to break a 35 set streak, comebacks are always memorable.

Still, we got the semifinal Wimbledon deserves, Nadal vs Djoko. I'm definitely backing the latter to go on to win this. Nadal looks spent.
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