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1601  Bitcoin / Bitcoin Discussion / Re: Big companies have started investing in bitcoin as a safe asset on: September 18, 2020, 04:54:05 PM
I wouldn't consider Bitcoin a safe asset to be honest. Although it has gained for more days than it has lost, it is also prone to extremely erratic price swings that can absolutely tank a portfolio.

Most companies aren't willing to risk losing more than 20% in a week, as is commonplace with Bitcoin's erratic swings. Remember, these people are answerable to their community and their investors.

If their investors see they've just last 20% in a week, even if it is part of a longer-term strategy, they will almost certainly vote to sell the asset and actualize their losses. Most investors don't understand crypto, and don't understand its long-term potential.
1602  Economy / Gambling discussion / Re: What do think about skill games? on: September 18, 2020, 02:00:57 PM
It is quite clear that everybody prefers games of skill, however, few online casinos want to invest the time, money, and effort needed to produce a game of skill that works for the casino and for the player.

I think there could easily be a game like connect 4 between players, where the caisno just takes 2% from each winning bet as the house edge.

Ideally, we want to see more complicated games of skill though, something like a strategy game or tower defense games—maybe throw in a randomness element so it's not purely skill.
1603  Alternate cryptocurrencies / Altcoin Discussion / Re: I cannot receive 400 UNI on: September 17, 2020, 08:27:15 PM
There are plenty of other opportunities out there. Just because you didn't get one opportunity, doesn't mean you wont make up for it later.

for example, Binance is currently offering excellent APR for its savings products because of its WING and BELLA airdrops. I made like $200 out of nowhere from these, on top of my usual interest rate.

Just make sure you keep an eye on the latest promotions, most CEXs run them from time to time—and Binance in particular.
1604  Alternate cryptocurrencies / Altcoin Discussion / Re: ClipX steals KYC data and shuts down on: September 17, 2020, 07:52:17 PM
Well, if you handed over your KYC information willingly, I'm not quite sure how it's considered stealing?

For the most part, simply completing KYC doesn't mean you're going to get your tokens or be able to participate in the token sale—so how exactly were the bounty hunters robbed?

That said, the project should destroy their records, and provide evidence of this if not moving forward with their token sale. Otherwise I'm sure it will violate GDPR and the Data Privacy Act.
1605  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you guys tackle information overload? on: September 17, 2020, 07:38:50 PM
Chunk it down into more manageable fragments.

I've seen far too many people lose their money because they were dealing with too much at once, and didn't have the time to perform their due diligence.

Obviously there's such a huge number of projects out there right now, that's simply not possible to become an expert in all of them prior to investing—either because there isn't enough information available, or you just don't have the time.

I try to just stick to an agenda of researching 3-4 topics for 15 minutes (or more) each per day, to ensure I know enough not to get ripped off, and to get a general idea of what the project is.

It's worked out fine so far.
1606  Bitcoin / Bitcoin Discussion / Re: Why mixers? on: September 17, 2020, 07:26:44 PM
Because Bitcoin mixers don't work in the way that you described.

They mix the inputs and outputs of a huge number of addresses in such a way that you can't tell who sent what to where.

In this situation, the only thing you can really tell is that all of these people likely used a mixer, but you can't prove why they did it or whether they were engaged in any illegal activity.

Simply using a mixer isn't an illegal activity, and people often use them simply for privacy reasons.

If you sent 1 BTC to 1,400 different addresses manually, it's possible blockchain analytics and forensics teams could use the timestamps of the recipient addresses and their onwards transactions to piece together a common origin.

More chaos = harder to reverse the transaction tree.
1607  Economy / Gambling discussion / Re: [Boxing]: Whyte vs Povetkin II on Nov 21 on: September 17, 2020, 04:22:50 PM
I don't think it's much of a turn of events. Whyte announced quite clearly that he was going to execute the rematch clause right after he got knocked out the first time.

I am pretty sure Whyte thought he'd be able to just walk Povetkin down, kind of like how Anthony Joshua and Klitschko did. But Whyte just isn't at the caliber.

I think Whyte should win if he sticks to a game plan and just goes for a points decision.

Povetkin has shown that he can quickly turn the tables on fighters if they let their guard down, e.g. because they think he's old and slow.

Whyte is the slight favorite IMO, but Povetkin could easily KO him again.
1608  Economy / Gambling / Re: ⭐ Crypto.Games ⭐ 0.8% House Edge on Dice ⭐ Largest wagering contest...ever ⭐ on: September 17, 2020, 04:05:05 PM
This is why Crypto.Games remains the best cryptocurrency casino.

Straight to the point, clear and simple to use, with by far the best community I've encountered at a casino.



The redesign is on point!
1609  Bitcoin / Bitcoin Discussion / Re: My 0.1 BTC Journey on: September 16, 2020, 10:56:09 PM
So it took you six months to accumulate $1,200 worth of BTC? I'm not sure what's so impressive about that.

I personally dollar-cost-average (DCA) my way into Bitcoin each month through Coinbase. I've been doing it for around 4 years now, I find it's much more simple that way.

For anybody who is considering doing something similar. I sincerely suggest simply using DCA to buy into Bitcoin, don't wait for crypto payments...
1610  Bitcoin / Bitcoin Discussion / Re: Breaking NEWS: SEC, Bitcoin now legal (a security) in Nigeria. on: September 16, 2020, 09:54:15 PM
Glad to see that Bitcoin is finally being recognized as something other than a "speculative instrument."

What we really need, however, is to see Bitcoin recognized as currency. I think this will likely happen first in a country with a failing national currency, like Venezuela or Cuba, but it wouldn't surprise me if a more economically developed country like Switzerland or Sweden comes out and says it first.

Once we can start paying taxes in BTC, that's when you know we've made it.
1611  Economy / Gambling discussion / Re: Card counting in black jack on: September 16, 2020, 09:40:54 PM
It's not simple at all, because casinos often use an unknown number of decks, which makes it difficult to keep track of how many outs have been removed from the deck.

If you're a mathematical savant, then you might be able to keep up if the casino is only using 3 or 4 decks, but you'll soon start struggling above that.

I don't think anybody really uses this system anymore, given that most casinos now have automatic card shuffling machines and are always bringing in fresh decks.
1612  Alternate cryptocurrencies / Altcoin Discussion / Re: What do You think about YFI ? on: September 15, 2020, 07:26:30 PM
The CEO of BitMEX said that YFI is going to reach $100k, and so far his prediction is looking pretty accurate.

It just touched its all time highest value of $43,000 a few days ago while the rest of the market is trading sideways or struggling to recoup losses.

https://www.coingecko.com/en/coins/yearn-finance

I think that $100k is certainly within the realm of possibility. I'll buy a decent bag on the next dip (if it goes under $35k).
1613  Economy / Gambling discussion / Re: [Boxing] Mike Tyson vs Roy Jones Junior [PPV on Nov. 28] on: September 15, 2020, 05:58:17 PM
https://www.cbssports.com/boxing/news/roy-jones-jr-says-he-may-have-made-a-mistake-in-taking-exhibition-boxing-match-against-mike-tyson/

Looks like Roy Jones Jr knows he's going to get smashed.

Even though it's an exhibition bout, both of these guys are extremely competitive, and I don't think either are going to want it to go to the score cards (well maybe RJJ).

Pushing it back to November does slightly favor Roy Jones, since he'll be able to bulk up somewhat to close the weight gap, but I still think Tyson will come in significantly heavier—after rehydration at least.

Is there any information on whether they have to make wait or what's on the line?
1614  Alternate cryptocurrencies / Altcoin Discussion / Re: Own crypto + capitalize it on coinmarketcap =) on: September 15, 2020, 05:46:03 PM
If you think you're just going to launch a cryptocurrency and get it featured on CoinMarketCap, then you've got another thing coming.

Cryptocurrencies don't get listed unless they achieve a significant amount of trading volume and are proven to be not just another shitcoin.

If you want detailed information about what it takes, reach out to CMC directly, there's no point asking a bunch of randoms on BTT who have never launched a coin.

But from your post, seems like you just want a cash grab. Listing on CMC won't help you there.
1615  Economy / Exchanges / Re: Crypto service with Bank card. on: September 15, 2020, 05:24:54 PM
There's plenty of crypto debit cards, but based on the fact you're looking to withdraw large amounts from an ATM, you are going to have to complete KYC. You do know that right?

You're simply not going to get a crypto debit card with a high ATM withdrawal limit without passing KYC. It's a policy from Visa and Mastercard to prevent money laundering.

A couple of my friends have the crypto.com card, and Nexo is about to launch their card. Haven't heard any complaints about the Crypto.com card, and the cash back is a nice feature.

Blockonomi have the main ones covered here: https://blockonomi.com/bitcoin-debit-cards/
1616  Economy / Gambling discussion / Re: Sports betting: how much knowledge is too much on: September 14, 2020, 08:48:31 PM
There is no such thing as too much knowledge when it comes to predicting the outcome of a game.

The more information you know about either team, the better your chances of being able to successfully choose the winner. However, I'd say there is a limit to how much knowledge is beneficial.

For example, you might to know which kinds of hands poker players tend to fold or play, and understand their tells to see if they're bluffing. But it won't help you any further if you know what he had for dinner the night before.

So long as the information is relevant, by all means, accumulate everything you can. Just make sure it's worth the effort accumulating.

e.g. If you're going to put down a $10 bet to win $20, there's no point spending hours researching the game...
1617  Alternate cryptocurrencies / Altcoin Discussion / Re: What's your HODL and favorite project on: September 14, 2020, 08:07:42 PM
I'm personally holding a few projects for the short-term, like OpenPredict (OPT) and Linear Finance (LINA).

But there's also a few long-term picks, that I believe will pay off in a couple years from now—such as AllianceBlock (ALBT), Cypherium, and Elrond. Most of these are already out in the wild, but Cypherium is going to be completing its token sale soon, so I'll be trying to grab some.

As for my favorite project, it's still got to be Ethereum.

Also though the state bloat and gas cost issues are problems, we can be reasonably sure they'll be resolved in Ethereum 2.0. I expect incredible growth if it really manages to achieve the scaling Vitalik Buterin claims.
1618  Bitcoin / Project Development / Re: [Bounty] Help FreeBitcoins.com SEO Title/Descriptions! Earn up to $50 Per Page. on: September 14, 2020, 07:27:13 PM
Why don't you just hire a copywriter to do this task?

You could probably pay someone from a top-tier freelance platform like Toptal to complete it for $50/page.

You've got ~45 pages there, that's $2,250 worth of content.

Most top-level copywriters only have a day rate of like $400, and you can be pretty sure they'll bang out all of these in around a day or two—including alternative options!
1619  Bitcoin / Bitcoin Discussion / Re: Bitcoin Podcasts on: September 14, 2020, 05:34:35 PM
Looks like a very low budget production, and it's not really about Bitcoin, but rather about cryptocurrencies in general.

I'm not a fan of most Bitcoin podcasts, because nearly all are actually paid to shill a coin or feature a guest to build their prestige.

I want something genuine, honest, with no sneakiness going on behind the scenes. Also short, 1 hour is way too long IMO.
1620  Alternate cryptocurrencies / Altcoin Discussion / Re: DeFi protocol bZx attacked once again, lost $8 million on: September 14, 2020, 04:52:02 PM
Lmao, imaging hacking $8 million, and then giving it back because you forgot to anonymize yourself.

He's probably still going to get stung with a court case now, what an absolute idiot.

Still, it's great to see thieves getting caught. It's far too rare when it comes to cryptocurrencies unfortunately—the thief almost always gets away with it because they exchange to Monero or use a mixer etc.

Hopefully they don't let him off with it. They need to set a precedent here IMO.
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