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15761  Bitcoin / Press / Re: [2018-06-20] Coinbase CEO: ‘I’ve Come To Enjoy’ Bitcoin Price Lows on: June 21, 2018, 03:05:19 PM
Funny that someone with enough experience in Bitcoin markets to dwarf most of us here, including yours truly, should only come to enjoy them now, but at least he's finally "seen the light". I've only been owning Bitcoin for a couple of years, and even with the first ATH in 2017 I was already enjoying every dip since... not that I was really able to add much to my holdings at the time, or at any other time for that matter.

He has no other choice but to enjoy it, anyway. He spent so much trying to dislodge Bitcoin and finally understands that anything he works on as the alternative is inexplicably linked to Bitcoin.
15762  Economy / Speculation / Re: 3 reasons the crypto markets are in a dive and Tom Lee is moving the goal post on: June 21, 2018, 11:13:01 AM
Yawn, Tom Lee. Move all the goalposts as often as you want but Bitcoin bulls, contrary to what you might think, aren't the least affected by this sort of news, just as they wouldn't have budged if McAfee triples down on his predictions. Even if so, how does $20k at the end of 2019 change things for Bitcoin believers? To reach that lowest end of the 20-65 valuation in 11 years is a hell of an achievement (and to recover that old ATH in 2 years is nothing new for Bitcoin, either). The bulls haven't even had 6 months to rest, recover, regroup. Why would they want another run so soon when a year to accumulate is an opportunity that only comes along every few years?
15763  Economy / Speculation / Re: How high would Bitcoin go with McAfee as president? on: June 21, 2018, 09:31:01 AM
Talk about speculation. Yes, I believe his latest bid will probably be his most successful, possibly even the most successful bid for any Libertarian candidate, but if you think Bitcoin friendly policies are what wins elections, you're probably a millennial, and probably never went to the polls before.

Election promises that propel candidates are those that speak clearest and loudest to voter issues on the ground. Believe me, these voters, even if they use Bitcoin, care about a lot of other non Bitcoin, non financial issues, but economic ones. Of course, Bitcoin brings a lot of benefits that could improve money matters, but it isn't the super panacea, not yet, to debt, unemployment, high cost of living, etc.
15764  Bitcoin / Project Development / Re: THIS WILL CHANGE CRYPTO FOREVER on: June 21, 2018, 08:55:36 AM
Like what KingScorpio says, all you'll end up doing is creating yet another sect where early adopters just upvote each other, building up a small circle of reputation heavy opinionists, highlighting their good calls, burying their bad ones.

Look at Steemit as an example of how bad this can end up. Not saying there won't be any good opinions, just that reputation will end up concentrated on the monopolies, usually those with more resources.

Crowd wisdom is also something I'm really not a fan of, even if recognised for the ability to actually move opinion and, therefore, markets in the direction of the masses. Good economic sense maybe, but short term and low value otherwise.
15765  Economy / Gambling discussion / Re: World Cup 2018 Competition by buwaytress | BTC 0.035 in prizes on: June 21, 2018, 08:07:20 AM
After low scoring games yesterday I am expecting something much more interesting today:
https://nitrogensports.eu/betslip/c21b016UzJ3OXJzVUt2S25CT25Zb2lHNWl4dz09/r/2669184/

Late for a meeting, I will write few more words if I manage later today.

Booked my parlay in yesterday, I would never have guessed 1-0 wins for all 3 games, but I suppose it was about time all the favourites won their game. I'm going to risk the exact same parlay today, though the risk to me is with Argentina (unless Messi is back on form) and Denmark (Australia aren't pushovers). Nevertheless, I have faith in the attacking teams, which to me are Denmark, France and Argentina, so my 3-bet parlay for today:
https://www.bitcoinrush.io/sportsbook/ShareBet?id=dugH7ze0phsuVCrlyVKLI02QH8YkAhDmjrcOfqLXLWw%3D

I'll update the spreadsheet tomorrow or end of today. If we end the group games without any more participants I'll just close this thread and give out some prizes anyway... what do you guys think?
15766  Bitcoin / Press / Re: [2018-06-19] Bitcoin Price Outperformed Crypto Hedge Fund Pantera Capital Last M on: June 20, 2018, 05:54:08 PM
If I were to trade cryptocurrencies for a living, I'd invest in so-called "promising" altcoins only for short term and would close all positions after certain amount of time, regardless of the price, because in my mind any new alt is just a pump and dump / ICO scam, and in the long run there will be no fundamentals to support the price - promises of revolution, disruption and so on only can get the price so far, sooner or later everyone realizes that no real progress is being made.

That's the sad truth. Diversification is a good strategy but people forget that Bitcoin itself represents financial diversification. The destiny of cryptocurrency will hinge solely on the fate of Bitcoin for the foreseeable future, so all in on Bitcoin is the way to go as a diversification into crypto.

It's consistently the best performer, and the least affected in bear markets like now. Any gamble on alts, as you say, is short term. You are as likely to lose as to win. Alt speculation is just that, speculation. I see I'm not the only one who sees new alts as ultimately that alone.
15767  Economy / Gambling discussion / Re: World Cup 2018 Competition by buwaytress | BTC 0.035 in prizes on: June 20, 2018, 03:45:10 PM
here is my little parlay for today , I played singles in the broker I use but here it's fun to have higher odds  Cheesy
https://www.bitcoinrush.io/sportsbook/ShareBet?id=JEcCutd8IMwDlk0eoKDhfwRBNZnrTI1Y7u4QIeoDDco%3D

REKT after first match , what a boring game
I guess we all overestimated Portugal after their last game against Spain , now I'm kinda blaming myself a little for the O2.5 since their last game Ronaldo was on god mode  Cheesy without CR performance Portugal can be beaten easily IMO and even today Morocco wasn't worse than Portugal but they needed good attackers and good attacking plan

OUCH, yeah. I thought the odds were pretty good but I have been spot on with every single day so far by counting on an underrated team to win or draw. I predicted 3-0 in Fifa predictor for Portugal but it turned out to be super boring as you said. Morocco can't dig themselves out of their hole without any venom, though they really weren't so bad, just not good enough.

Luis Suarez finally got his team ahead today, I predicted 4-0 on that one (I know, I know) but I almost got it right with Belgium so I thought why not some South American glory today?

Looks like you both are out and I look OK so far... still no participants. Shame, as it's still anyone's game.
15768  Economy / Service Discussion / Re: CRYPTO ARTIST sharing and exploring with Bitcointalk on: June 20, 2018, 03:02:11 PM
Hello, nice artwork. A bit pricey I feel, although you of course as the artist should put the price you feel is fair to your work, just be patient for the right buyer, the right person to appreciate it. Pop art is making its inways into Bitcoin and with some of the really far out ideas already gathering a lot of interest at auction houses, I suppose yours is relatively low-priced.

My question to artists always is the same: what's your take on the visualisation of Bitcoin? The coin symbol is most commonly used, but I'm always looking for new, different, visualisations.
15769  Economy / Gambling discussion / Re: WON 2000+ LTC on Fortunejack - is Fj broke ? Resolved on: June 20, 2018, 12:20:37 PM
Not one to pour more petrol over a fire, but OP you should really update your first post. Your last post in this thread considers the issue to be resolved over a "small" matter of 140 LTC still pending. I don't know where you come from but $14k is not "small" anywhere I've been. I'd say even 1 LTC isn't a small issue and isn't resolved. It's pretty clear to me that resolution is achieved when every litoshi's been paid to you.

It's not the first time I've seen FJ brought up in a less than positive light, and they'd better be able to honour withdrawals better in future - and practise transparent disclosure with players waiting for withdrawals. Reputation is a terrible thing in crypto gambling. You can do so well for so long and have it all brought down by one instance like this.
15770  Bitcoin / Project Development / Re: Project badly in need of work on: June 20, 2018, 12:06:20 PM
Do you choose to trust the advice of unknown people on the Internet to invest your money in a project with a net expected return of $ 36,000 per year? These are a joke, or you are a fortunate person.
A successful project is a project has definite plans, known developers, a solution to a real problem and permanent headquarters. " and vice versa."
Investing in crypto is a risky investment, so be careful when choosing a project

Yeah, I naturally am inclined to think that there's got to be one idiot in this deal, if ever it were made. Either the project owner, or the person willing to take it on.

Then again, in an industry where there's not enough expertise to meet demand, and where apparently people earn tens of thousands on these kind of projects, and bounty hunters earning my year's salary in a week, I suppose it's not beyond reality for a $3k a month project owner to ask in this forum.

Most running SMEs in typical industries would see this as a successful operation. Or am I still overly optimistic about people on this forum?

Probably is one idiot, and it's probably me  Smiley but given how frothy the space is doesn't seem unreasonable. I was thinking of SAFTS and forks rather than ICO , but yea 3k a month is the magic number when the  (small) software company becomes self sustaining. Well below market rate but not work for free

Ha... well I suppose how you've responded takes away a little of that idiocy, and I agree with you, the "frothiness" of the space, and the limits of realistic expectations in this Wild West, is at least worthy of certain exceptions.

3k is definitely not too much to overlook, I'm actually surprised you're not getting offers from amateur projects - though forks and the like really aren't going to attract anyone above amateur levels. From the headlines out there, there aren't enough devs to go around, contrary to what you're observing.
15771  Bitcoin / Project Development / Re: Do you own a shitcoin? lol Find out. on: June 20, 2018, 09:50:42 AM
Thanks for the smile. See a lot of potential for more sophistication, for example, enter a date you bought/held to add degrees of wisdom (for example, whether you bought ETH at $1,400 or $1), Bitcoin at $20k or $0.01... You could do a shit comparison, LTC vs DOGE, which one is a bigger pile of shit. Which one is smellier, which one is runnier...

Have I noticed a liking for DAG coins? NANO is a screaming HODL!!! (yes, 3 exclamation marks) and GBYTE is "That's some solid shit right there". I might almost tend to agree except IOTA also returns "You chose wisely".

The wisdom idea is funny - I'll add that to our list to think about.

And yes, the answers are based very much on marketcap right now from when we first created this. The answers are meant to be a good laugh, over time we can add more funny/specific answers on coins as more research is done. I think for now it can turn in to an interesting information portal that can also show you basic stats (notice we now show price, market cap, and volume), but below that it can say 'view more stats' and it can take you to that coins dashboard...showing market metrics, github metrics, and a shittiness ranking once we define some sort of algo.

We also can show like top 10 searched coins going through our system, just an interesting statistic to show - there have been well over 30,000 coins entered in the search in just the past 12 hours for example.

^^I tend to word vomit a bit, but let me know your thoughts Smiley

Haha, glad you liked the suggestion. Of course we all get that it's for laughs, so my suggestions are really geared towards cracking that grin wider, I'm very well aware that I own a number of shitcoins and don't particularly need convincing otherwise Wink

Oh and yes, a sort of cookie that tracks the user history (which coins they've entered and at which order). Like I could enter BTC first and BCH later, and that might affect my output (as opposed to BCH first and BTC later)?

...

Here's my way of looking at this:

(1)  If a coin has been around for a couple of years or so, AND the market capital is over $1 bn, then it's probably OK.

(2)  If not, then not OK, barring (3) just below.

(3)  A newcoin that passes muster by reasonably trusted well-known programmers in a public forum who know their stuff, AND are not connected to the coin itself.

Ease of use and intended user-base for a crypto are other factors for some.


I only own BTC and BCH.  I cannot vouch at all re the other 1900 cryptos.

BitConnect (the original BCC) would have fit that first criteria a while back Wink

Usage is the only criteria for me, but since we can't reliably track actual use (and I don't mean speculative trading), hard to tell which coins apart from Bitcoin actually have people using them.
15772  Economy / Gambling discussion / Re: World Cup 2018 Competition by buwaytress | BTC 0.035 in prizes on: June 20, 2018, 09:31:43 AM
Hey Trofo, to answer your question:

- only Bitcoin bets are allowed here. I support Bitcoin in whatever way I can, and since the prizes are also in Bitcoin and I use Bitcoin myself, I thought to reserve this contest only for Bitcoin users. I actually also use fiat bookies but only for "specials" that crypto bookies sometimes don't have. Odds are almost always better in Bitcoin sportsbooks, too, so I see no reason to go fiat if I can help it.

Now on to my bet for the day... I'm an underdog backer but today I'll go for the treble parlay of all the favourites @2.74, betslip: https://www.bitcoinrush.io/sportsbook/ShareBet?id=lzqPl%2BoZxa%2Fhz8oMcY9Xzm0QwyLOr6887w5xNqwQ5Sk%3D

I like surprises, and Iran gave me my first significant win of the tourney but I really don't see them taking a goal from Spain. De Gea should be vastly improved from his first appearance. Your bets actually look really good, so good luck to you!

15773  Bitcoin / Project Development / Re: Do you own a shitcoin? lol Find out. on: June 19, 2018, 07:10:18 PM
Thanks for the smile. See a lot of potential for more sophistication, for example, enter a date you bought/held to add degrees of wisdom (for example, whether you bought ETH at $1,400 or $1), Bitcoin at $20k or $0.01... You could do a shit comparison, LTC vs DOGE, which one is a bigger pile of shit. Which one is smellier, which one is runnier...

Have I noticed a liking for DAG coins? NANO is a screaming HODL!!! (yes, 3 exclamation marks) and GBYTE is "That's some solid shit right there". I might almost tend to agree except IOTA also returns "You chose wisely".
15774  Bitcoin / Project Development / Re: Project badly in need of work on: June 19, 2018, 06:58:02 PM
Do you choose to trust the advice of unknown people on the Internet to invest your money in a project with a net expected return of $ 36,000 per year? These are a joke, or you are a fortunate person.
A successful project is a project has definite plans, known developers, a solution to a real problem and permanent headquarters. " and vice versa."
Investing in crypto is a risky investment, so be careful when choosing a project

Yeah, I naturally am inclined to think that there's got to be one idiot in this deal, if ever it were made. Either the project owner, or the person willing to take it on.

Then again, in an industry where there's not enough expertise to meet demand, and where apparently people earn tens of thousands on these kind of projects, and bounty hunters earning my year's salary in a week, I suppose it's not beyond reality for a $3k a month project owner to ask in this forum.

Most running SMEs in typical industries would see this as a successful operation. Or am I still overly optimistic about people on this forum?
15775  Bitcoin / Press / Re: [2018-06-18]Early Bitcoin Developer Jeff Garzik Launches New Altcoin ‘Metronome’ on: June 19, 2018, 03:12:36 PM
I do understand the vitriol on Garzik (he's still the mod for Press section too) and the other early Bitcoin developers now seen by some segments of the community as no longer in sync with core, but it's perhaps a recognition of the expectations heaped on their shoulders, having been part of something so successful, and not being able to replicate any of it on other projects. That itself is a big nod of approval towards how complete Bitcoin has been, despite all the "shortfalls" and "flaws" all these alt projects point out in Bitcoin.

1.8 ETH for one of 8 million... phew. Ironic that this is for institutional investors and yet the very first people who invested misunderstood the terms. Doesn't sound very institutional-like.
15776  Bitcoin / Electrum / Re: Electrum 3.0.5 wallet problem on: June 19, 2018, 01:45:07 PM
Every time I experience a crash in Electrum it has always happened if the wallet somehow did not finish syncing or. Rashed during a spend. And every time, like you, relaunching never fixes, it's like the wallet file is permanently damaged during a crash.

But restoring seed always fixes the issue. Delete all wallet files and simply restore. But yeah, go update the latest version first, there's a security vulnerability in your version.
15777  Economy / Gambling discussion / Re: World Cup 2018 Competition by buwaytress | BTC 0.035 in prizes on: June 19, 2018, 12:05:37 PM
And today, I'm backing the underdogs again, taking a bet each on Senegal and Egypt, both of whom have my Liverpool forwards Mane and Salah respectively. I'm counting on them to score, or at least make it really tough for the defences of Russia and Poland. Odds are really good too, 3.58 and 4.32. My betslip for today, Egypt to beat Russia @4.32: https://www.bitcoinrush.io/sportsbook/ShareBet?id=2weEHQRU6JV0W0h%2FGpqGW06T9UOZSCzW%2BfolviD%2BFmM%3D

Ok. I understand for mixed tickets. Too bad your loss Smiley Here is mine mixed ticket from today. Just bragging a little.

What about my other ticket which I linked before, it was legit since I bet more than 5 times minimum amount. Only England game is void, but it is winning ticket. England sure made me sweat a little after not scoring second goal until stoppage time Smiley

Oops sorry you're right. The 3rd leg of the parlay pushed (I thought it was a loss), I'll update your score on the spreadsheet for yesterday. BTW you didn't post the betslip url in your post above for today.
15778  Economy / Economics / Re: Reason we pay taxes and why we should on: June 19, 2018, 08:56:50 AM
Tax. It would almost appear that everyone complains about being taxed, and crypto owners no less. But I've worked and lived now in multiple tax jurisdictions and I can say that where tax is used to good efdect, where countries are run well and transparently, people tend to complain less, even observed people happy to pay taxes, particularly as they get older and have a functioning social system to take care of them in old age and poor health. In fact, where people don't pay tax at all, they wish they could so they have better say in development. In Brunei, for example, people don't pay tax but sign away their rights to have a say in their country's direction.

Bitcoin has mistakenly been used as an excuse to avoid tax. People say it is all about being free from the state and yes, Bitcoin simply means only you control your funds and denies state meddling in it. But taxation is almost separate from this idea of financial sovereignty. You live and use public services provided by public funding... It's only right you contribute your share.

Of course, where systems don't work and corruption is rampant, you have every right to question where your tax goes to. But it doesn't exempt your Bitcoin from tax.
15779  Economy / Gambling discussion / Re: Bitcointalk's FIFA World Cup Pool Discussion Thread on: June 19, 2018, 07:14:21 AM
@hilarious: the "Joker" symbol is the Joker's hat icon just below the scoreline and just above the challenge bonus. Click the Icon and your match selection will be highlighted. I used mine and the option is gone already, MatchDay 2 it is still available (one per Matchday).

And I'm here to rant about Belgium because I predicted 4-0. It's weird to think if anyone predicted 1-2 they'd get more points than me since I only score for correct Belgium win, and that pot is bigger it seems for correct number of goals in this match.
15780  Economy / Gambling discussion / Re: World Cup 2018 Competition by buwaytress | BTC 0.035 in prizes on: June 18, 2018, 03:23:10 PM
Here is the one for my first try. This one i don't expect to win I have entered it to make way with spare cash left on nitrogen after playing my main ticket. Since there is so much upsets in this WC I am usually putting some tennis on my tickets. Is it possible to put my mixed ticket for this competition and have only WC match counted (reduced odds)?

Anyway for today's matches i am thinking all favorites will win  and do it easily. Here is my ticket from Nitrogen:
https://nitrogensports.eu/betslip/43947afQVA1M3JjV2pna1pKSUtNVm13cmdrQT09/r/2669184/
Not much to say about the choices, except that I really believe that Sweden will do good today since Koreans didn't impress me at all in the friendlies. On my main ticket I have all three wins but without handicaps + 2 tennis matches.

Hey Trofo! Thanks for your interest. Unfortunately, I don't think I'll allow mixed tickets... The results will have to be calculated on the entire betslip - otherwise I'd have to manually calculate everything, and it'll make for tough referencing later on if someone else disputes the results.

Also... the min bet has to be 0.0005 BTC.

@SyG: updating the spreadsheet, nice win! I won my doubler too, but the fact that it needed a VAR penalty makes me think this WC is really tough to call.
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