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15961  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: March 10, 2018, 10:47:11 AM
Trust me, Man Utd will use their full possible team in today's game versus Liverpool. Sevilla in mid week is very secondary. There is no guarantee that Man Utd will win the Champions League, this season. However beating Liverpool today guarantees a 5pt gap between them, some needed breathing space. Its not going to be easy for either team, and we see a repeat of the boring cautious game earlier this season and last season, one thing I tell you is that Mourinho (Man Utd) will not lose this game, worst case a draw.

Every proud English team will respect their old rivalries, whether it is a good old-fashioned derby game or a rip-roaring giant-vs-giant match. Liverpool are arguably the sleeping giant, and we no longer have the Carraghers and Gerards to put in those bone-crunching tackles fueled by Merseyside blood, but I think Klopp and Mourinho understand that Utd-Liverpool is still considered by most fans and players to be the biggest EPL game.

Klopp for sure has no reason to hold back:
- attack is the only way to beat good teams, and we we're frustrated with how they parked the bus at Anfield so we'll hit them with all we've got
- the fans want nothing less
- second place and bragging rights
- CL QF secured
- no other priorities.

Mourinho? He'll want to secure second place early, but third place is good enough for CL in the big picture. Current QF progress is still much more important though, so we can't dismiss another bus parked at Old Trafford. A draw still keeps them in 2nd place.

Liverpool ML bet @2.58 is not that good value, but I'll take it any day.
15962  Bitcoin / Development & Technical Discussion / Re: Why to write down your seed? regular InfoSec policies say never write passwords on: March 10, 2018, 10:23:37 AM
@nullius, thanks for that comic, reminded me exactly of where I first saw it. As nullius says, a lot of the old advice regarding password security (or InfoSec as OP calls it) probably is bad advice if taken at face value.

Even ex-NIST manager Bill Burr, supposedly credited with creating all the password tips that major firms used until last year (NIST Special Publication 800-63. Appendix A), said that he regretted all that bad advice, that made people lazy about creating passwords (yes, even I still revert to that laziness because I grew up with that old advice in mind).

We'll probably come up with new ways, better methods, more secure, etc. Until then, we've got a proven method for secure passwords, why not use it?





15963  Economy / Service Discussion / Re: ❗ Beware of scam related to Binance CEO impersonation ❗ on: March 10, 2018, 09:23:20 AM
That's what happens when you bring in marketing tactics into crypto. People forget that this is supposed to be a space for you to control your own funds, unshackle yourselves from the tyranny of the state and of banking, etc, etc, etc.

But no, let's all marvel at the new suits and ties, jump onto their bandwagons and lap up their promises. They're giving away the future, and we should grab our share of riches, why don't we?
15964  Bitcoin / Bitcoin Discussion / Re: lots of recycled threads on: March 09, 2018, 05:53:12 PM
Agree mostly, but there are some exceptions to the rule... and perhaps worth noting that some of these behaviours coming under criticism aren't exactly rules but guidelines. And it's Bitcoin! There's a new guy discovering it for the first time every day. I remember, with some embarrassment, some of my early posts...

For example, I can't really decide if I want one megathread for one particular questions (I see the wall thread in Speculation as such), which probably brings up some old topics over the months, but aren't searchable any longer in the masses of posts. And when asking questions, I can't blame (totally) newcomers who might feel they are asking a unique question. There are times even I spend a bit of time digging up an old post I know I wrote to a similar topic but simply cannot locate any longer.

Replying something relevant to a really old thread could also be useful (admittedly rare), but could also be construed as necroposting.

15965  Bitcoin / Project Development / Re: Looking for advice on a fun/charity project on: March 09, 2018, 05:16:45 PM
I will indeed look into it with team tomorrow, thanks. However again, the nature of escrow is that it refunds people if conditions are not met. Therefore, if say we don't hit our minimum amount to do the project, per the terms we were going to donate all funds to the charity. For escrow, it would simply refund anyone. What i'm asking is how to strucutre, or perhaps to word the language of rules to indicate that indeed all donations are final, and that if we dont' hit the minimum the money goes directly to the charity.

To another point, the charity obviously isn't going to accept crypto, so it would need to pass through someone into fiat, then be donated. Obviously this is me. I suppose the "jist" of what my issue is how to reconcile escrow with the structure of the project, which by nature does not allow for any refunds whatsoever.

It would seem that it sounds a little more complicated than regular escrow, but I'm pretty sure there should be a matter of setting conditions on what happens if all conditions are not met - perhaps it would be a third party to the escrow (or the escrow themselves, actually), one that would be trusted to execute the final payment to said charity. In this case, Coinpayments would seem to be the suitable set up. They hold funds in escrow, and if conditions are not met, they execute and settle the payment to the charity in fiat (which is exactly their business anyway). Good luck!
15966  Economy / Gambling discussion / Re: Europa League/Champions League Lounge on: March 09, 2018, 10:17:14 AM
Few weeks ago I said that Arsenal are favorites in this pair, but I really didn't expected that they will win away game 2:0 Cheesy. Mkhitaryan was great tonight. Arsenal almost in the next round, but when it comes to Arsenal, you never can't be sure... And sorry for dumb question, but Aubameyang can't play in UEL this season, because he played for Borussia already, so why Mkhitaryan can play? Is it because that MU now playing in UCL and Arsenal in UEL, while Borussia and Arsenal now in same competition?

Borussia loss was big surprise for me, didn't watched this match, so I'm not sure how they managed to loose against not very strong opponent.
I would say that Athletic still have chances, we know that they are playing much better at San Mames and to win 2:0 isn't mission impossible.
Agree about Atletico. I would be surprised if they wont win this trophy.

I took a parlay on AC Milan, Borussia and Lazio last night, so yeah I lost that by a mile. Arsenal must really now want to win the Europa League... it's really their only chance at redemption. My personal favourites to win are still Athletico although, I thought the Dortmund team had a very good chance. I'm now going to reassess the final... if Arsenal don't meet Athleti before the final, we should have a very exciting final. Betting-wise, however, I've had better winnings at Champions League.

Actually, I'm confused at player eligibility as well. I thought UEFA rules applied across the board, so I guess as long as the player's previous team isn't in the same competition, they can play. I wonder then, if Liverpool get eliminated from CL, would that allow Coutinho to play for Barca?
15967  Bitcoin / Development & Technical Discussion / Re: When Will The Lightning Network Technology Be Ready? on: March 09, 2018, 09:54:47 AM
To my understanding, beta's good enough when it comes to this kind of tech. I've never seen an actual date being announced and unlike altcoin projects, these upgrades for Bitcoin tend to be extremely conservative in time frame.

At least with Blockstream's implementation, it's already usable, even if still considered experimental (hell, I still consider Bitcoin to be experimental, ya?). I'm very close to getting someone to try out the experiment, supposedly, you can already purchase items from their store with c-lightning. I myself cannot, as you need Linux to try out their implementation. Here's the tutorial: https://blockstream.com/2018/02/02/lightning-instant-bitcoin-transacting-tutorial.html

Anyone interested to try?
15968  Bitcoin / Project Development / Re: Looking for advice on a fun/charity project on: March 08, 2018, 05:16:04 PM
In talking with the team, im' not even sure how escrow would work. Maybe you can give an opinion.

Escrow is meant to return money to a buyer if the seller doesn't come through, but in our setup, either way the money is non-refundable. With this in mind, im not sure how to implement escrow. Its not like if we dont' hit the mark we do refunds, since all money goes to charity.

How about refer to the post I made above? I gave you one option [LocalEthereum] for a "trustless" (you do it on yourself, don't need to trust anyone, not even the escrower... well OK you've to trust the coding!) escrow system using Ethereum smart contracts (since that's the platform you're using!). If you use that, the smart contract automatically refunds the money to donators if conditions are not met.

Check out my other suggestion [Coinpayments] for the service that provides escrow (third party). Am sure their support could arrange with you to meet your unique requirements.
15969  Bitcoin / Press / Re: [2018-03-08] Japanese Regulators Suspend Two Crypto Exchanges on: March 08, 2018, 02:44:14 PM
Ah, if only they'd suspended Coincheck who proved emphatically that they're incompetent after leaving the door wide open for someone to half hundreds of millions of dollars' worth away.

I approve of this and would like to see more of it. If the exchanges can't sort their own shit out, and very, very few ever will, then someone else has to.

Right on. Some observers in Japan were skeptical of these exchanges actually possessing the requirements necessary to obtain their licences, and that hacks have already taken place proves this to be true.

I suppose it was always going to be trial and error, but if regulations are followed up by enforcement on errant licensees, then I believe we're witnessing a system and method that seems to be working. Now to see also if the insurance policies made compulsory will also pay out.
15970  Economy / Gambling discussion / Re: Europa League/Champions League Lounge on: March 08, 2018, 01:38:26 PM
That was pure experience from Juve side yesterday. They had 2 big chances and converted both of them. That is how champions win even when they are not playing that well. Tottenham had their chances in the first half. Son could/should have scored at least one more goal and finish the game before Juve started playing.

Precisely. They really had Buffon to thank for making so many crucial saves, and then showed Spurs what it means to have vintage quality and Champions League pedigree by making and taking 2 chances. Very happy to win my @2.95 bet on Juve, I counted on a slim win, but Spurs really gave it their best. Just you know that they don't quite have the blood in them. Chiellini said so after the match, that they were mentally fragile.

I'm a Liverpool fan and know myself how often they undo themselves. We've been away from CL for far too long, so it'll be really important to maintain our form... the QF experience should do a lot to add steel to the young players.


15971  Bitcoin / Legal / Re: Buy bitcoin for someone else? on: March 08, 2018, 12:40:48 PM
What you've just described doesn't stick out as illegal in any view but does beg the question: why the complicated process? If your friend already owns a bank account, he probably knows how to do online banking. Using Bitcoin isn't so difficult that he should put it off, especially if he's thinking of owning that much worth of coins!

Even if you or your friend isn't convinced that education is more important, here are some other risks you'd avoid by getting him to do it himself:
1. No legal dispute over who actually owns the coin. If you buy it for him, you own the coins. Since he doesn't know how to buy them, he wouldn't know how to access the bitcoin. You'd be the only one with the private keys and hence are the only one in control of those funds.
2. It's actually against terms of conditions of many exchanges to perform third-party trades (ie. selling or buying bitcoins on behalf of someone else). This is for the protection of the trader, in case they get an audit. I specify strictly on all my trades that no 3rd party trades are allowed and buyer must use the same name/ID as payment sender.
15972  Economy / Speculation / Re: Let me tell you exactly what's gonna happen on: March 08, 2018, 10:13:08 AM
Yup I expect this to be 2014 all over again. People are still in denial right now. But they will finally realize 1 year from now when the price is back to $2k. The bubble took 1 year to inflate and now it will take about 1 year to deflate. Unless your a day trader, don't waste your money and invest right now.

Nothing on the market ever happens all over again and 2K in 1 year is as close to impossible as I can imagine.
It could be something close to zero, but not 2K (in one year).
All speculators on this board keep forgetting about the price to produce a single bitcoin (without even counting equipment amortization).

In US it is about $3-4K on average. In 1 year, it would be $9-12K minimum.
You can't have $2K bitcoin when the price to produce one is $9-12K.
It makes no sense economically.

As strange as it may seem, I have a feeling you're right here. I have always wondered about mining cost and if miners have some influence in setting the price. Their costs are always going to be in dollars, always rising, and they have to maintain operations... The alternative is closing shop, and in that process removing hashrate. If that dominos, then we'll see fewer nodes and less secure network, something that will also force new money to pour in.

That said, we could also be underestimating the profit they have already been making from bitcoin and alts, it's possible they could still maintain profitability even at 5k... If we find the break even point... That's the floor for Bitcoin.
15973  Bitcoin / Bitcoin Discussion / Re: Founder of Microsoft Makes a Dim View on Cryptocurrency on: March 08, 2018, 08:57:05 AM
Rather than not speaking out about the negatives though, I would prefer people don't speak out about issues they don't know about; something Bill Gates did in this case.

In most cases they are being asked for their opinion on various matters, which basically forces them to at least say something, and when they don't really care about a certain subject (which is the case when it comes to Bill Gates and crypto), they mostly come up with terms that the crypto community gets nuts over. People need to look at the context of his words, and not directly jump on him like he said something horrible. Could he have used a different tone and wording? Sure, but who care anyway? Bill Gates by far doesn't come close to what sort of baboon Warren Buffett is, because this fastfood addict takes everything to the next level, and actually attacks Bitcoin, which is something Bill Gates didn't do, and likely won't do later on.

This. You've got would-be journalists crawling all over the place, working hard to meet their daily quotas for stories and using the reputations of these guys to push a lead through to editors. I know this because I used to be in that position!

Take all these stories and interviews at mere face value. Context is everything here, and anything can be quoted out of place to be massaged into the writer/editor's point of view.

I wouldn't/shouldn't be surprised if Gates does think like this though. He built his empire on a monopoly he deliberately wanted, he created dependency to force market success. Bitcoin's idealogy simply doesn't allow for that.
15974  Economy / Service Discussion / Re: How on earth did I incur such high transaction fees? on: March 07, 2018, 07:31:50 PM
Actually... it would seem that you set the option of "Edit fees manually" checked, so you should be able to enter your own fees. I've just checked Electrum and its dynamic fee estimation seems to be pretty OK right now. Says only 12 sats/byte for confirmation within next 2 blocks, which is about right.

You mentioned that it says "Static" fees... so that's probably your problem right there. It probably kept a fee amount from your previous transaction? Just check "dynamic fees" and adjust the fee to your comfortable block time confirmation. Or, keep your current option and enter your own fee. You can always click Preview to check everything looks good.

Download the latest version now... and you'll see that there are only 2 options: Dynamic and Manual.

15975  Bitcoin / Electrum / Re: Bitcoin stolen from Electrum wallet on: March 07, 2018, 04:38:52 PM
So your Electrum wallet address is which? Can you show the transaction you made to your wallet? The tx ids you've shared seem to be the one transferring it out. If the first tx is yours, then the 2nd only transferred out 0.015+ BTC. How about a more detailed description? Are you sure your wallet's fully synced(green button, bottom right) and your balance (bottom left) is 0?

Like you said, if 2fa was enabled, doesn't seem likely. Also, if this was your first transaction with Electrum 2FA, it should have spent the fee to TrustedCoin.
15976  Bitcoin / Bitcoin Discussion / Re: Regulation will lead to the fact that bitcoin will fall in price to $ 100 on: March 07, 2018, 01:24:32 PM
It's funny that regardless of what Bitcoin has achieved throughout the years, the skeptics remain focused on Bitcoin to crash badly at some point. I think as long as they keep thinking like that, we're all good. I remember back in the days that before the price even reached $100, it was said that Bitcoin, if reaching $100, it would never ever be able to replicate that growth again. After that $1000 was supposed to be the level that Bitcoin would never reach, and if it did, it again wouldn't be able to replicate that growth again. I think it's safe to say that this will continue even till the price hovers over the $100,000 level, and it feels great. Let them feel bitter. Let them burn from the inside. Bitcoin speaks for itself. I am strongly of believe that without Japan being what it is today, Bitcoin wouldn't even be near current levels. The whole point is that as long as regulations are fair for all involved parties, crypto will continue to grow, and harder than ever before.

Perhaps this is something to be expected. They're still in the stages of denial, with each inward acknowledgment of Bitcoin's success beyond their expectations making them even more bitter and unreasonable. I think it hurts a lot of them to see that tightening regulation has seemed to do the complete opposite of what they expected: make Bitcoin stronger. States and governments must surely have noticed the experiences of those who'd gone ahead and regulated Bitcoin. Look to take advantage like Japan, Malta and others, and you create a new source of economic activity.
15977  Other / Beginners & Help / Re: How to choose the right exchange? on: March 07, 2018, 01:19:13 PM
Before using any exchange i consider following things.
1.If it has KYC or not.I only use exchanges that have no KYC.We are using crypto right? Tongue
2.If should have instant withdraw for cryptos.
3.It should be well known and reliable exchange.
4.It should provide good number of security options. Smiley

Then you must not have serious amounts of trades to make, I guess! Check out all the daily trading volume, especially for Bitcoin markets. The vast majority of it happens on centralised exchanges that require KYC. You're talking about well-known and reliable too... all the reputable ones need KYC.

Of course, completely agree that we shouldn't need to - and that's why I still believe these decentralised exchanges (or at least, trustless) or even simple atomic swaps will one day become big. If all of them could just pull their acts together - we'd have a lot more choices.

I wouldn't risk much of my coins on an exchange without KYC either... I think guys like Yobit are really popular for that but it's a matter of time before their hands will be forced - or they get in trouble. And clients would be the first to suffer.
15978  Bitcoin / Project Development / Re: Cryptocurrency Crowdfunding on: March 07, 2018, 11:56:15 AM
The list contains a lot of p2p lending services... which is a model of crowdfunding, but one that's also suffered a lot of setbacks since the industry began. China actually first started its current crackdown on cryptocurrency due to the onslaught of P2P lending companies there that accepted crypto deposits. We're talking about the hundreds.

Here's a different suggestion: someone above mentioned ICOs or token generation events, how about looking at incubators based on blockchain projects? They help you launch your idea, crowdfund, and even a little funding injection. Waves Lab is one of them.
15979  Economy / Gambling discussion / Re: Europa League/Champions League Lounge on: March 07, 2018, 10:55:08 AM
Well, I was slightly disappointed by the scoreless draw at Anfield. Can't remember the last time we played the first half without forcing a save or block on target. I know, we should be celebrating our first QF appearance at Champions League since 2009... man that does feel good. But perhaps it's good to see Klopp finally do the rational thing by resting the key players for good old Mourinho.

Tonight, I just have one bet: I'll back the Old Lady to win the game tonight... but the ML odds @2.48 are not as good as backing them to progress @2.95! So here's Higuain for a solitary goal before they shut the game out!
15980  Bitcoin / Bitcoin Discussion / Re: Bitcoins came in Big Bang Theory. on: March 06, 2018, 07:02:29 PM
Going to have to see it for myself I guess. I saw the Daily Show (hate it but my kids watch it) a few weeks ago talk about Bitcoin, but it was perhaps 10% serious, with the rest of it poking fun at how poorly the developers they spoke to seemed to be able to explain the tech (I believe it was Ethereum related) to the normal user - but probably all taken out of context for comedy.

I've a feeling this year we'll be surprised by a big budget Hollywood Bitcoin movie - probably more spy than drugs and paedophilia though. Maybe related to North Korea.
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