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1581  Economy / Gambling discussion / Re: Does martingale really works? on: June 15, 2014, 10:51:43 AM
For the third day in a row there has been another crazy Martingale sequence on Just-Dice.  Today's was looking like a textbook "no, it doesn't work" story:




Sometimes it works sometimes it doesn't

The operators can't bet as it would potentially invite charges of fraud.

I have played in the past, but went to great lengths to prove that I wasn't cheating.

If I want to play I need to:

1) outline exactly how I'm going to bet
2) publish my server seed hash
3) obtain my client seed from multiple people in the chat
4) enter that client seed
5) bet as described in step 1
6) hit 'randomize' to publish the server seed, and let everyone verify the rolls

That's a pain to do, and it keeps me from playing for the most part.

Here's a log I posted of when I did do exactly those steps:

http://www.reddit.com/r/justdice/comments/1vbo1p/justdice_owner_plays_his_own_game_and_wins/

The owner dooglus was sweating a 50 BTC proposition bet that he made.

That's more because he's a tightass than because he couldn't afford to lose it.

It seems to be the way to do it

If you play a few BTC and you don't get too lucky nobody will have a problem with it anyway Wink
1582  Other / Beginners & Help / Re: How can I start earning Bitcoin ? on: June 15, 2014, 10:45:05 AM
Yes, OP was enquiring as to how he might 'earn' BTC. I don't think buying it qualifies.

If you work to get fiat with the intention of buying bitcoins with them you are effectively working to earn BTC Smiley
1583  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: June 15, 2014, 10:43:39 AM
Why price started decreasing again?

Two reasons mainly.

1. GHash is approaching the 51% share of the total hash power, despite Bitfury pulling out a few of their rigs from that pool.
2. The FBI is auctioning BTC29,000 this week, which were seized from Silk Road.
If you read the news on a few sites such as Coindesk, one could have expected this.
Ghash can manipulate the price like this.

We lost 100$ out of 670$ so 15% and it may be a bear trap

We are not far away from a huge spike up in price, excitation, big hopes and crazyness
1584  Economy / Economics / Re: Worst bitcoin decision you've ever made? on: June 15, 2014, 10:41:38 AM
My worst decision was to buy on the top in January 2014.
Actually this might not be a bad decision in the long run, if you don't sell them off in the meantime.
Just try to be patient and hold them.

In January we were @ 700-900$ if I remember correctly, if you buy some now you can have an average cost of around 620$ per coin which is very good compared to the upside potential
1585  Other / Off-topic / Re: Answer the question above with a question. on: June 15, 2014, 10:23:28 AM
Mexico can be a state and a country, can't it?

Mexico is a country and Mexico is a state

Agreed?
1586  Economy / Gambling / Re: EveryDice.com | 0.99% Edge - Instant Cashout - Invest - Referral - Mobile - Fair on: June 15, 2014, 10:22:33 AM
Stop playing this crap games with house edge and loosing your money. Learn to make money by playing poker or making proper sport bets.

Hehe ... Its kinda the same Cheesy
If u deposit they can take ur money no matter what u play Cheesy LOL .

Yes indeed, it is not a problem of playing a casino game here

And people who lost the most (except 1Dice1 who lost most his winnings) are people who invested in ED so they were actually playing with an edge
1587  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 15, 2014, 10:20:45 AM
Major major support at $400-420

Are you talking about a buying wall? If we get there the market will be totally different and the buying wall may not be there anymore

There are hopfeully other support before 400-420$
1588  Other / Off-topic / Re: Ask me anything about being a sex addict. (Serious thread) on: June 15, 2014, 09:39:03 AM
Posting from phone, I'll answer the new questions shortly.

Did you get your hands on a computer?

I hope you still want to answer questions if it helps you
1589  Economy / Gambling / Re: Does anyone has a casino site for sale? on: June 15, 2014, 09:37:37 AM
I want to buy a casino site because I'm not able to program by myself, is there any casino site for sale?

I can also pay the seller for future maintenance of the site.

Please reply or PM me if you have a casino site for sale.

What type of casino site you are looking for may be much more specify would make your purchase easier

theres dice sport table game poker and lot more other .

A dice site shouldn't be too expensive and too hard to update

I have a found a few interesting threads about casino selling :

https://bitcointalk.org/index.php?topic=427741.0
https://bitcointalk.org/index.php?topic=611617.0
https://bitcointalk.org/index.php?topic=404227.0
1590  Economy / Games and rounds / Re: The Lucky Bit regulars betting pools! on: June 15, 2014, 09:35:26 AM
Green big-bet pool round 56 bet 0.062BTC and hit x1.1.

Payout tx c9ee0c25e55d7ada94d242f29c9b8a1085131d95f873238744992da031d1c208

Congrats

Do you guys play in group for fun or is there an other advantage in playing in group when there is no special bonus?

Mostly for fun, although the pools do pay for the sending fees on results so there is a small amount of savings involved.

So you save one out of two fees because you still have to pay the fee to send the money to the pool or you could technically send without a fee

U need to send with fee for every transaction , this way u send only one transaction so u save a bit . But its rly small bit . Cheesy . So its mostly for fun Smiley .

If you are playing a small amount you are indeed saving quite a lot in % : if you play 0.001 and you save 0.0001 you saved 10%!!

You are still expected to lose 10% + the casino edge
1591  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: June 15, 2014, 09:34:02 AM
Why price started decreasing again?

Silk Road bitcoins returning on the market, China fud, fear of 51% risk and thinking that the probability that the price could go down way more is increasing

The price may go lower but the upside potential is still huge and positive news have been piling up
1592  Economy / Gambling / Re: Primedice.com | 600M+ Bets | 350k+ BTC Wagered | Free BTC | 1% Edge | Instant on: June 15, 2014, 09:22:46 AM
Sweet managed to make Happy Hour this time, and what a Happy Hour to be present for. Managed to win a few 10x bets, and even a 20x bet before the clock chimed the end of the hour.

Won about 0.014 XBT so can't grumble Smiley I kept cashing out, lost a few times after winning 10x so didn't want to risk losing more.

Thanks Stunna!

On a 20,000satoshis/minute you can expect to win 0.01 during the happy hour; quite a nice amount to have fun betting

Quote
Ah, I probably should have read the earlier posts. Thanks for clearing that up. It looks like I got very lucky and happened to sign up at exactly the right time. Looks like it's back to normal now because I only get 250 satoshis.

It will be way more for loyal players on PD3 that will launch soon so stay around
1593  Economy / Micro Earnings / Re: Win free Bitcoins every hour! on: June 15, 2014, 09:17:24 AM
Yay! It finally happened!



It is your first time? On how many rolls?

I think I got the second prize three or four times

I've been playing for about 2 days. A couple of hours each day so about 30 rolls in total. My balance is about 13,000 satoshis.

Oh ok you just started playing

You will get many more if you keep playing

To get more satoshis out of the site you need some referees
1594  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 15, 2014, 09:16:40 AM

the ghash.io thing is scary, I can understand the paniccy pussies selling to an extent. But I have trust in the community to fix it. P2pool seems a good way. Once it offers low enough variance, people will flock to it. Kudos to the miners already switching. They are real men!


Seems like it is being fixed. I saw that ghash.io is down to 42%. Apparently someone is working on it.

The 51% attack is probably not a problem and the Silk Road bitcoins returning on the market don't change the potential of the protocole and the upcoming appreciation in price that will come as the USD tanks and the western financial system goes into pieces
1595  Economy / Speculation / Re: Bitcoin listed on Yahoo Finance on: June 15, 2014, 08:46:50 AM
Shocked

Was also my reaction this is neat if I remember right and comes in second place for the Bitcoin news of the day ha-ha
Expedia won lol.
That said I am glad that Yahoo Finance is taking Bitcoin seriously enough to add its own ticker for it.

This comment summed it up
“This is literally the best news I’ve had all day, and the day is still young!” said one commenter. “Another nice stamp of approval,” said another.

Amazing to think its going by day now this might have been the news of the week a while back and a month before that.

And yet the price is going down a little bit : 607$ on Bitstamp atm

It looks like a really good time to buy bitcoins

The short term price of BTC any investment does not matter, it is the longer term price that can make or break people.

BTC being on the yahoo finance page will get more people to get interested in bitcoin and to use it

If you get in @ 50 and it goes to 500 you made 1000% but if you got it @ 120 you made 410%

If you think it is going way up and you don't want to speculate on the price going lower before buying, you should just buy as soon as you can
1596  Economy / Services / Re: [PrimeDice] [Highest Paid Signature] Earn up to 2.4 BTC/Month by Posting on: June 15, 2014, 08:44:12 AM
What would be the purpose of posting with multi accounts since it is paid per account? How do you know there are a lot of multi accounts?

I think there are a few members that bought up accounts to enjoy higher rates but I don't understand the value of having multi-accounts

EDIT : maybe not to be seen as spamming but instead doing a normal number of messages per account!?

If there are indeed people with multi-accounts in this campaign, perhaps they are "leveling up" those accounts to sell them later, and in the process make the minimum of posts to receive from the sig campaign as well; though to be honest, it seems far more work than it's worth. Perhaps byt411 is right, and it's more of a way to increase the post count in their main account. Or maybe a combination of both these things...  Tongue

Oh ok so it could be possible to spot them by looking at the time of post and members who tend to answer often to the same newbies but it will be very difficult because they may use many different newbie accounts

There are always ways to cheat when you combine anonimity and money, let's hope the cheaters won't ruin it for everyone and let's hope we will enjoy the PD payments for a long time Smiley
1597  Economy / Games and rounds / Re: The Lucky Bit regulars betting pools! on: June 15, 2014, 08:33:56 AM
Green big-bet pool round 56 bet 0.062BTC and hit x1.1.

Payout tx c9ee0c25e55d7ada94d242f29c9b8a1085131d95f873238744992da031d1c208

Congrats

Do you guys play in group for fun or is there an other advantage in playing in group when there is no special bonus?

Mostly for fun, although the pools do pay for the sending fees on results so there is a small amount of savings involved.

So you save one out of two fees because you still have to pay the fee to send the money to the pool or you could technically send without a fee
1598  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: June 15, 2014, 08:33:00 AM
I think you're the only who can answer your question.  I simply dollar cost average in a little every month.  I hope to get up to 100 BTCs eventually, but I guess that depends on price and a continuation of my belief in BTC and it's future.  Scaling in over time and scaling out with appreciation (hopefully) is the way to go in my opinion. 

100BTC is a good amount of BTC to enjoy the upside potential

If November/December was a small bubble and we get a new bubble is a bit it may push the price close to 10,000$ then go down to a few thousands
1599  Economy / Micro Earnings / Re: Win free Bitcoins every hour! on: June 15, 2014, 08:29:44 AM
Yay! It finally happened!



It is your first time? On how many rolls?

I think I got the second prize three or four times
1600  Economy / Gambling / Re: EveryDice.com | 0.99% Edge - Instant Cashout - Invest - Referral - Mobile - Fair on: June 15, 2014, 08:28:57 AM
If he was indeed legitimate in his claims he should have handled himself in a far better fashion. All the signs point to him being a thief.

The site has been close for more than 2weeks and he posted 1message in 2weeks; the probability to get some money isn't zero but it is probably less than 5%

Everyone should read the first page of this thread.  In addition to me warning people that this was a possibility, there is also one user who wanted to invest "a large amount" and then asked ED if he wanted to "sell the site other then take donations" (not sure what this means but may be misworded to sell the site and just take commissions).  This user also has not posted on BCT in ~3 weeks, which seems to be 1-3 days after all of this going down.

Could be a giant coincidence, could be the two of them were in cahoots since the start, could be ED is telling the truth (yet is/has still acted extremely unethically), could be ED is looking for a scapegoat.  Just seems...odd to me.

Very interesting

The truth is we don't know who really owned ED : the guy who wrote as ED on bitcointalk, someone else, a group of investors?
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