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1561  Economy / Exchanges / Re: Exchanges are now potentially banning btc sent to a mixing/conjoin services on: January 31, 2020, 05:23:52 AM
If you fund somebody's address that's engaged in an illegal activity, it's up to law enforcement to ask the exchange for the KYC info, not for the exchange to behave like law enforcement.

i agree in spirit, but we're sadly entering an era where bitcoin exchanges are increasingly being classified as financial institutions (ie banks) and money transmitters by governments. the FATF (which is really just a front for the USA government) has also been pushing its "risk-based approach" to AML/CFT quite hard.

whether we like it or not, proximity to so-called "risky" services (according to chainalysis: P2P exchanges, mixing services, high risk exchanges, and gambling sites) is therefore a problem for compliant exchanges:



so we should expect exchanges to increasingly target the low-hanging fruit and close their accounts. that's the mission of the FATF's "risk-based approach"---to get financial institutions (and now bitcoin exchanges) to stop doing business with "risky" customers.

besides gambling sites, wasabi wallet coinjoins are probably one of the lowest hanging fruit of all. until the implementation is less obvious, i don't recommend using them. use a mixing service with superior liquidity and less obvious algorithms.

EDIT: you're right, OP posted 2 cases: one of a user mixing and one of a user coinjoining with wasabi wallet... I focussed on the latter Smiley

both cases = wasabi wallet. Undecided https://twitter.com/RonaldMcHodled/status/1222195787112673281
1562  Economy / Gambling discussion / Re: Poker talk - Specifically Hold'em - Hands and or strategy on: January 31, 2020, 03:23:12 AM
I also was wondering some opinions on strategy. So pre-flop there are a lot of people who limp or min raise. Now I never min raise unless maybe late position and shortstacked deep in a tourney; even then I'm not really feeling it. So I have a rather straightforward 2.15-2.4X betsizing when I'm first to act. If It's not a hand I would 3-bet normally I don't like to 3-bet min raises and am more inclined to just call, but I feel like limpers are different. What I can't decide on is should I raise to my normal betsizing or should I be increasing it when facing a limper?or 2?

limpers and minraisers are basically sweetening the pot. when i have a 3-bet worthy hand and i have multiple guys like this in the pot, i like a big 3-bet to isolate one of them.

this is how i see it: they are giving us the pot odds to bet big. meanwhile, i am giving them the pot odds to fold. that aims for the sweet spot where only one of them (if any) will call.

So I recently was studying up on 3 bet sizing, and not going to lie it feels weird to apply it in game. I honestly felt a rush, and a bit of adrenaline making these plays - good thing it wasn't live my god I would have looked crazy. It's the sizing - (3-5X the bet depending on position) and committing of chips to that pot, I only applied it twice I believe the other night - which is fairly in line with mixing it in when applicable. Once was top of my range the other was near the bottom, not going to lie neither felt good. Looking forward to getting over the newbie feeling of it. I did notice though that I've definitely been on the other side of that and understand the pressure it applies.

in big stack/slow blind games, 4-bet ranges were a lot more interesting to contemplate. most tournament structures these days leave us short/mid-stacked most of the time (unless you're crushing it), so 3-betting often has a big "do you want to make your stand here?" kind of psychology. pot odds and pot commitment play a big role.

Hand #1
Hero - [Ah Qd]

i'm curious, why'd you play it so weak? i think we have a healthy stack to do more fishing with. he could be on a (non-AA) pocket pair that didn't connect, broadway suited connectors which missed, a weaker ace, or worse. people are fairly liberal with preflop 3-bets these days.

i prefer betting in post-flop, or maybe check-raising his weak c-bet. see how scared he is of that ace.

as played, i might bet-call the river, assuming he doesn't do some crazy RRAI or something. based on preflop range, i figure he's unlikely to have flopped or turned a straight/set. we can probably put out a modest value bet on TP2K at this point. (in b4 villain rivered JJJ Tongue)

Hand #2

i assume you had KQ here? your hole cards are missing, but i'm pretty sure from context. suited or no?

this call looks a bit dicey based on my usual preflop ranges tbh. but there are (higher variance) strategies that probably justify it, especially if suited. unless he's been jamming in my face repeatedly and/or showing trash hands, i think i'm raise-folding preflop. what did you put him on before you called?

lots of hands here, i'll look at the others a bit later.....
1563  Economy / Gambling / Re: Bitcointalk Poker Night @ Sportsbet (Private game exclusively for forum members) on: January 31, 2020, 01:36:51 AM
best thing to do it I guess is to share the password publicly here and have 3-5 levels of late registering , this way the community here can sign up right after the start without worrying about being available at the exact time

+1. anyone who doesn't want to get blinded out should just register late. i don't mind registering early myself (and maybe blinding out) because i wanna get more people in the game.

@efialtis, is there any way to add money to the prize pool?

Hey, efialtis, I can join the next one now, it was some error that it was displayed on my account , don't know why but now its okay I can see the tournament so I will join the next one for sure and I'm sorry that I couldn't join previous one but the page on Poker ( Bitcoin Only ) was not available for me.

same thing happened to me. for anyone who can't see the poker section: you need to switch your primary currency to BTC. otherwise it will remain hidden.

in fact, i was barred once from opening the poker room from a canadian IP address. the issue was resolved by logging in from a mexican IP address. so there's some more food for thought!

If I am at home next time around I'll see about doing a screen capture and then maybe put together a little video just editing out dead time in between. Might be interesting to watch, I'll be able to capture everything from whatever table I'm at, and if people want to discuss their plays afterwards it would be pretty cool I think.

sounds great. as you know, i love me some post-game hand review. Smiley
1564  Economy / Economics / Re: Corona Virus and The Effect on The Markets on: January 30, 2020, 12:12:56 AM
The Corona virus is spreading and is visible in the financial markets as well as in Bitcoin : https://youtu.be/DZ7Ps70of4I

i prefer your usual technical analysis vs your fundamental analysis. Tongue interesting commentary nonetheless.

the initial selloff in stock markets felt panicky but we've already seen a solid recovery over the last two days---monday's down gap was completely filled. the markets are reacting positively to news that outside of china, there have been no deaths and very few cases in general. https://www.nytimes.com/2020/01/28/world/asia/china-coronavirus.html

wuhan is completely on lockdown, so hopefully we're already turning the corner on this from a public health angle. while the number of infections in china compares to SARS (which itself subsided quickly), the coronavirus has killed only 1/3 as many people (133). people seem to be blowing the numbers out of proportion based on worst case scenarios.
1565  Economy / Reputation / Re: Trust System Abuse By Nullius on: January 29, 2020, 07:33:15 PM
Also, DYOR =/= following my reference.

since i can't find any evidence, i can only speculate. i don't see anything obvious besides perhaps him having trust inclusions that you didn't/don't like (like tecshare and Vispilio).

you're essentially arguing from authority, say
Statistical evidence of success (and/or withholding knowledge) =/= arguing from authority. It's again one of those times, one we had last month. The rating on Kalemder will stand.

isn't that just saying "trust me, i've been right before"?

Seriously? Those arguing against it: Find a single, objectively non-deceptive, and objectively non-malicious reason for this and I will reconsider my tag (even though this is a single example of many).

personally, i add people to my trust list where i want to see their feedback + those they trust by default. i exclude people for the same reason. is that provably malicious or deceptive?

I'm still looking for a good ref to evidence against Kalemder..
I don't understand it..

+1
1566  Economy / Reputation / Re: Trust System Abuse By Nullius on: January 29, 2020, 06:43:38 PM
it looks like nullius got kicked off DT2, but Kalemder 's account still has one seemingly undeserved DT tag.
Wrong. My rating on Kalemder is more than accurate, and it's further extended by things that you are unfamiliar with. DYOR before claiming my ratings are invalid.

calling me ignorant doesn't change the fact that your claims are not self-evident. you're essentially arguing from authority, saying that you don't need to justify yourself to anyone.

i've researched the reference you included; it does not appear to prove anything. you say that Kalemder is engaging in "manipulation" and "chicanery"---how, just by having mutual trust list inclusions?
1567  Economy / Reputation / Re: Trust System Abuse By Nullius on: January 29, 2020, 06:33:07 PM
Tagging TS because you don't like he way he sets his trust list? Why?
I can see it as a desperate rating from Vod but why back it up? It's just a weapon against TS because you don't like him..

Kalemder with the same reference? Just why?
Because he included TS?
Why?

Their is no solid reference to either of them gaming the trust system..
It is only speculation and very weak speculation at that..
Tons of users have many mutual inclusions..

perfect description of the situation. i'm baffled by the reference post. it proves nothing. if you don't like someone's trust inclusions, then ~ them. that's long been established as the appropriate response. negative DT2 feedback should not be based on such baseless speculation.

it looks like nullius got kicked off DT2, but Kalemder 's account still has one seemingly undeserved DT tag. Undecided
1568  Economy / Exchanges / Re: [2020-01-28]Four Class-Action Suits Against Bitfinex Over 2017 BTC Price Now One on: January 29, 2020, 10:46:00 AM
i read through the leibowitz complaint. (yawn!)

i assume they are all pretty similar: bitfinex is supposedly liable for losses traders suffered because they were allegedly operating an unlicensed MSB, laundering money, and engaging in bank/wire fraud.

tbh, i'm not sure what the standards are with these kind of civil statutes. i'm also not sure if the same jurisdictional standards apply as the NYAG case. it was all less than compelling to me, but that's coming from someone who appreciates the wild west crypto economy and rolls his eyes when losing traders cry "market manipulation". i also think one should never have assumed bitfinex/tether---or any exchange---was fully backed to begin with.

much of the complaint was filled with speculation, then they focus on the $850 million shortfall from 2018 and subsequent lack of 1:1 backing for USDT as the "smoking gun".

the thing is, that doesn't prove that USDT was un-backed in 2017, during the period in question. so all in all, i'm not sure how strong these cases really are.

all i'm hoping for are some more gems like this:

1569  Bitcoin / Development & Technical Discussion / Re: Taproot proposal on: January 28, 2020, 10:29:39 PM
obviously, schnorr signatures are on deck. that'll allow for cross-input aggregation to make coinjoins indistinguishable from regular transactions. that's a pretty massive development given that exchanges are beginning to target coinjoin users. estimating based on segwit's activation timeline, that could happen by early 2021 or maybe even the end of this year, optimistically.

but "useless"? that's quite a strong word. Lips sealed

confidential transactions (CT) to obfuscate transaction amounts seems like an attractive next step. but my understanding is it requires extension blocks or a hard fork. so.....probably not gonna be implemented at the consensus layer. there's always sidechains though. liquid (blockstream's sidechain) supports CT for example.

These things have to run at layer 0 to get any traction imo.

taproot/schnorr will run at layer 0. CT could in theory too but there are strong reasons it won't (bloat and lack of support for consensus change).

We should have had better fungibility since day 1. Things should be mixed by default, what should be optional is making a clear A to B transaction. If we are going to have privacy, we want it to be as close to default state as possible.

taproot offers the beginnings of that. amounts and output linkability are still unaddressed at this time, but basically everything under the hood of a transaction can be hidden. cross-input aggregation (once implemented) will further provide strong fee incentives to drive users towards schnorr-based coinjoin and/or adaptor signature-based mixing transactions. wallets could offer these as automatic/default mechanisms. if most of the network is using taproot, these are pretty huge privacy gains for everyone.

unfortunately, we can't approach this issue as if it were day 1. as gmaxwell pointed out, there is uncertainty around being able to deploy even mundane consensus changes---let alone ones that are actually contentious.
1570  Economy / Reputation / Re: YOBIT SCAM: x10 Banner Promoters Will Be Tagged For Promoting a Ponzi Scheme on: January 28, 2020, 09:51:16 PM
but (presumably) he was entrusted with those funds, and he proceeded to act honorably. that seems fundamentally good, right? why would it matter what externalities led to the situation?

if not stealing from others despite the opportunity =/= trustworthy, what would you consider to be the basis of trustworthiness? what metrics do you use?
Right, and based off of this a lot of scammers were former kings of good, i.e. fundamentally good? Roll Eyes Fundamental good almost never ever changes, and thus you need to question your own metrics first.

just to clarify, i didn't say/mean that one trustworthy act makes someone fundamentally good. the act itself is fundamentally good. this was to meet your "proof of good" condition:
Doing good can be proof of good, not doing bad is not proof of good.

i just feel that acting honorably in all business dealings and squaring all obligations ought to mean something. can we agree on that? if not, what are the proper metrics, in your opinion?

it's like, you're a bank and someone with a perfect history of repaying every debt asks for a loan. is their perfect history a basis for their financial trustworthiness? or should they be looked at exactly the same as any bum on the street?
1571  Economy / Reputation / Re: YOBIT SCAM: x10 Banner Promoters Will Be Tagged For Promoting a Ponzi Scheme on: January 28, 2020, 09:27:27 PM
A joke.

<This dude that controlled like a million dollars alone at once without scamming thinks people shouldn't be negged for participating in signature campaigns
< Yeah, dude, our trust system is totally fucked!
Nobody sane is going to give you credit for having the opportunity to steal and not stealing.
That is LITERALLY the point of the trust system. Some one is entrusted with funds, they have the opportunity to steal, they don't and then fulfill their obligation, thus proving them trustworthy.
Wrong. Nobody in their right mind would actively entrust him with a million dollars, he just happened to end up in that situation due to many externalities. Doing good can be proof of good, not doing bad is not proof of good.

but (presumably) he was entrusted with those funds, and he proceeded to act honorably. that seems fundamentally good, right? why would it matter what externalities led to the situation?

if not stealing from others despite the opportunity =/= trustworthy, what would you consider to be the basis of trustworthiness? what metrics do you use?
1572  Economy / Reputation / Re: Trust System Abuse By Nullius on: January 28, 2020, 08:24:44 PM
If you think that more than 0.1% of people actually read or care about that, then you have no idea what you're doing here in regards to the trust system. There are no counters, and no counters to counters either.
Maybe the trust numbers created by counters have little meaning, but the information placed is valuable to others who look trying to independently interpret situations..

if only 0.1% of people check trust pages to learn this information, that means inaccurate/undeserved trust scores won't be questioned by 99.9% of members. that only lends credence to the idea that DT members should not throw around red trust so lightly.

counter feedback is the only thing one can do when they see inaccurate/undeserved feedback (besides ~), so nobody should be surprised that it's done.
1573  Economy / Reputation / Re: Trust System Abuse By Nullius on: January 28, 2020, 07:30:46 PM
This counter nonsense probably doesn't mean shit in the new trust system but I countered the rating nonetheless and will exclude nullius if that red trust remains.
It's impossible to actually counter in the new trust system, so I don't understand any of this.

even if it doesn't restore the person's trust score, countering still seems useful where there is disputed negative feedback on someone's trust page. it at least shows there are two sides to the story. an undisputed red mark doesn't convey that.

a surprisingly gracious move by suchmoon.
1574  Economy / Gambling / Re: Bitcointalk Poker Night @ Sportsbet (Private game exclusively for forum members) on: January 28, 2020, 12:10:05 PM
I have a suggestion for the next tournament. I think, it's better to keep all those who haven't shown up at one table, so that no one could steal their blinds(if it's technically possible, of course). I know it's impossible(and maybe even a bit unfair) to keep going like this infinitely, but I think we can give 30-40 minutes to those who are late without ripping them off.

(Just a thought. Sorry if this is against some major rules.)
It would be technically impossible , to do smt like this software wise ( move every inactive person to 1 table ) . One option would be to automatically fold when BB is at one of the inactive players , though I suppose this is not practical aswell , consider you're waiting for many hands for a good card , you finally hit AA and you have to forfeit your hand because the BB is an inactive person.

exactly. it's a nice thought, but there's no fair way to keep them from blinding out. everybody should just play as they normally would.

Maybe everyone should put their preferred time  , and we can balance and chose the best time to start for everybody.

4pm GMT (or later) please! Smiley
1575  Economy / Gambling / Re: Bitcointalk Poker Night @ Sportsbet (Private game exclusively for forum members) on: January 27, 2020, 09:03:24 PM
I think the timing is about right. A bit uncomfortable as I prefer Saturday but it seems everyone else found it good.

saturday vs sunday makes no difference to me, but pushing it back 4+ hours or forward by 2+ hours would be a million times easier for me. 2pm gmt is right in the middle of my REM sleep. Tongue

i'll add a couple mBTC to the next prize pool if we can find a slightly more convenient time for me. (can pay the top players out manually if it's too difficult to do it through SB's interface)

@figmentofmyass(FOMA888), with a bit of luck you could finish on the 3rd place even without showing up. Smiley

lol. so close to cashing!

So you guys agree we should repeat it and do a 2nd edition?

yeah, i'm in. note my time preferences above. Tongue but chances are that i'll make it next time either way.
1576  Bitcoin / Development & Technical Discussion / Re: Taproot proposal on: January 27, 2020, 08:39:19 PM
has there been discussion about cross-input aggregation and when it might be implemented? i was under the (apparently mistaken) impression it was gonna be included with taproot. it does not appear to be included anywhere in BIP 340-342.
1577  Economy / Speculation / Re: Elliott Wave... RSI... MACD ... How much should i rely on them to see BTC move? on: January 27, 2020, 08:13:23 PM
Very difficult to predict anything based on these indicators. I rather prefer to follow a few high profile speculators like

dmwardjr (very detailed godmode technical analysis)
his thread: https://bitcointalk.org/index.php?topic=5140701.0

exstasie (rather large scale sentiment analysis)
his thread: https://bitcointalk.org/index.php?topic=5196072.0

Josh Olszewicz (youtube crypto analysis)
https://www.youtube.com/user/carpenoctom

and Masterluc with his beast of a chart
https://www.tradingview.com/chart/BTCUSD/JSP3KDmy-New-long-term-prediction-as-I-see-it-now/

+1 on everyone you mentioned. all of them are very rigorous, but each has a very distinct style. the speculation board is super lucky to have people like dmwardjr and exstasie giving away their TA for free. i've been in paid groups with much worse analysis.

one more analyst i'd mention is xxxx123abcxxxx. he's been spot on several times re major cycle tops and bottoms. he says he's too busy to make a new thread for 2020 but he still pops by his old thread to offer occasional forecasts:
https://bitcointalk.org/index.php?topic=5128394.msg53681405#msg53681405

I have been studying BTC price chart with the indicators but found that indicator's accuracy rate is not high..

EW is easily butchered, which leads to faulty analysis. it takes years to master the rules and especially the guidelines to intuitively feel out the market. i recommend sharing your EW counts here so we can offer some critique and see where you might be going wrong.

indicators like RSI and MACD are about as accurate on BTC/USD as any other instrument. taken alone, they are never enough to reliably forecast the price. they offer one piece of the puzzle---specifically, they gauge market momentum. you need other pieces too: bar charts or candlestick charts so you can recognize bullish/bearish setups, a "big picture" cycle analysis strategy like elliott wave, measures of trend like moving averages/EMAs/channels, and volume to help confirm the dominant trend direction.
1578  Economy / Speculation / Re: Corona Virus will Impact the price of Bitcoin ? on: January 27, 2020, 07:47:52 PM
now bloomberg is calling bitcoin "a safe haven" because it rallied into the coronavirus outbreak: Bitcoin Bolsters Its Claim as a Haven With Rally Topping Gold’s

all of a sudden, they're pointing to a 60-day positive correlation with gold to make the argument. anything to explain a rally! the news media is hilarious. Cheesy

reading between the lines though, there's been a notable positive shift in mainstream media sentiment. these bullish headlines tell me that sentiment is really beginning to shift in the bulls' favor.
1579  Economy / Gambling discussion / Re: Poker talk - Specifically Hold'em - Hands and or strategy on: January 26, 2020, 07:50:39 PM
Dealt to Hero [8s Js]
Quote
i like the preflop raise and c-bet. on the turn RRAI i'd have put him on a strong draw (and called). i tend to give people too much credit. Tongue was he trying to bluff you off that or was he just a donk?
He showed [3d 5d], so he jammed on me chasing the gut shot on the river With next to botton pair and no draw, misread as I typed it out  Shocked There were 8 of us seated at this time.

damn---i always give people like this too much credit. i would have called down here but there are similar spots where i know i've been bluffed out of the hand.

how would you play it if you were dealt A7 in the CO? check behind the turn? still bet-calling the same way?

any interesting hands from the private forum game? not sure if SB even has hand history since i can't find it. good job cashing. Smiley i slept through it and donated the buy-in..... hopefully we can push back the time a couple hours next time!
1580  Economy / Gambling / Re: Bitcointalk Poker Night @ Sportsbet (Private game exclusively for forum members) on: January 26, 2020, 06:09:09 PM
looks like SyGambler took it down, congrats!

unexpectedly, i got home shitfaced drunk 3 hours before the game was supposed to start. not my typical saturday night. oops! who was sitting to my right, stealing my blinds the whole game? Tongue
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