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16461  Economy / Gambling / Re: Casino Faucet on: January 04, 2018, 09:47:28 PM
well i dont usually play with faucet but the casino site i've been staying for a quite while doesnt increase your faucet if you have higher "Total Wagered" so im finding provably fair site that gives justifiable amount of faucet when you get bust  Grin Grin

The only crypto gambling sites I know that gives out satoshi dependent on your wagering session are 999dice and Bitcoinrush. 999 has their own reputation, so do your due diligence, but the "rain" system there distributes one of the 5 supported crypto, depending on how much you wagered in one session. It's not exact, so I can't tell the specifics, although it tends to be a bit more generous if you have losses. Bitcoinrush returns you a small amount of your wager (win or lose) as cashback with no wager requirements, on the next day. Not a faucet of course, but fits your requirement?

As you'll read from most comments here, there are good sites with good faucets - but in general, the bigger faucets are rewards for player loyalty. And in general, players who are loyal long enough (or wager enough, really) to reach those faucets... don't need them. Faucets are really there to kill time when you're waiting for a new deposit.
16462  Bitcoin / Bitcoin Technical Support / Re: PENDING coinbase external sending with 0 confirmation on: January 04, 2018, 09:27:07 PM
You'll just have to wait for Coinbase transaction to confirm, it's not possible to reverse a transaction if it was already sent (do you have the TX id)? Your only hope now is that BinaryCent will still honour the deposit. That's the problem with these services with time-restricted deposit windows. You should only transact with your own wallet for these, where you can set your own fees to ensure confirmation within the timeframe.

Just contact BinaryCent support, inform them of the transaction ID. You said it's no longer active but I just looked and they seem online. You've used them before and did your due diligence on them before depositing, I hope?
16463  Bitcoin / Bitcoin Technical Support / Re: Bitcoin Stucks(unconfirmed for days) on: January 04, 2018, 08:30:37 PM
"Medium" doesn't really mean anything to us, as Medium is based on the wallet service you're using and how accurately it judges its fees to be based on the current network. Since you didn't provide any details of the wallet you used, I'm guessing you used a site service.

Time to move on to using your own wallet, so you can always determine the fees you need to get your tx confirmed within your required timeframe.

That said, your fee is above 251 sats/byte. I've been making just above that for the past 3 days and they all confirmed within 24 hours.

According to estimator https://bitcoinfees.earn.com you need to wait just about that (90% chance of confirming under 20 hours).

Edit: just realised that tx has FOUR unconfirmed parents. And following them, more unconfirmed transactions. So... you're going to have to make sure all those confirm, from the earliest. Check out the sticky for more info on what else you can do... CPFP seems to be the best.
16464  Economy / Economics / Re: Is this the end for bitcoins ? on: January 04, 2018, 02:51:47 PM
Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.

The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.

What do you guys think about it ?


Welcome to cryptocurrency, friend! As with every new technology, especially one that is seen as disruptive by the traditional world of finance and banking, there will always be extreme resistance from the status quo. Bitcoin's very origins has been seen as a result of the most recent global economic crisis, itself launched in the very throes of it - a crisis that most of the world has yet to recover from. More than being digital money, Bitcoin intended for people to liberate themselves from the state - putting you, and only you, in full control of your funds: how you used it, spent it, kept it.

The bubble that Bitcoin is allegedly in has been talked about for years, but only last year did it truly get the coverage and analyses you're reading now. Even on the surface, though, comparisons with tulipmania etc. fall flat. Bitcoin itself has been declared dead many times over. You only need to see the short history to see if it has died or not!

Read both sides, and decide for yourself.
16465  Economy / Exchanges / Re: Why is Bittrex bad? on: January 04, 2018, 01:06:56 PM
I'm "ashamed" to say that I'm a user on most of these major centralised exchanges. I use them for a variety of reasons, chiefly being access to alts that only certain exchanges have, for a period I also used them to "diversify" my investments through margin loaning. I managed to make quite good income, very low 3% or so monthly interest, but while they worked, I felt I was risking too much capital and have stopped storing so much there just for loaning out.

I can't say Bittrex is bad, without acknowledging that they have really the same problems Poloniex and others do. Slow support, neverending wallet maintenance issues for a lot of alts (I see at least one of my coins every day disabled for wallet maintenance, although this doesn't last long, it doesn't give me much confidence). They also recently implemented restrictions (limits rather) on orders. So no small orders, no ridiculous asking prices in the hopes you gain from flash crashes, etc.

Whatever it is, when you sign up for one of these, get yourself verified to the highest possible level. Set your account to the highest security settings. Then deposit. I find that I get decent support, in reasonable times... unlike the stories of many others. I feel this could be because they prioritise enhanced verified accounts?

BTW, you can't open a new account with Bittrex at the moment. They've stopped accepting new accounts temporarily til they increase their hardware and support capacities.
16466  Economy / Speculation / Re: Can Someone Tell me WHAT JUST HAPPENED? on: January 04, 2018, 12:50:17 PM
Spend enough time online and you'll realise this tends to happen several times throughout the trading day. Like it or not, almost every coin is reliant on Bitcoin's performance. While of late, I've noticed the trend to buck a little, with some alts (notably ETH and LTC at the moment in my opinion) managing to hold their own more and more consistently. But in general, if Bitcoin is up, the majority of alts are too. And the same inverse relationship when it goes down.

That's just the way the market is, a lot of sell orders triggering, a timezone waking up all at once. Or, as suggested, a wee bit of manipulation by all the data fed to CMC Wink It'll be many years I feel before crypto charts resemble those of other markets... where they're not all green or red and in the same ranges.
16467  Bitcoin / Press / Re: [2018-01-03] 2018 To Be The Year Of SegWit on: January 04, 2018, 11:46:12 AM
I thought 2017 was the year of SegWit Wink This should be the year for Lightning Network and atomic swaps. But of course, I get the point. This year will see those who don't adopt SW lag behind the rest very quickly. I'm really hoping for more sites to come onboard, but as soon as the big guys like LBC and Coinbase do it, the others will have no choice but to follow or be left behind in the competition.

Once they do, we'll even forgive and forget that all these services deliberately decided to wait - I know it's not an easy nor a simple task to port over all their systems and wallets to SW, but they should realise, the sooner they deal with the pain, the better for them in the long run. Take the losses from consolidating all that legacy dust now, while Bitcoin price is still recovering.
16468  Bitcoin / Press / Re: [2017-09-22] Amir Taaki's New Hacker Team Is Spreading Bitcoin in Syria on: January 04, 2018, 09:52:14 AM
The Academy was already mentioned I think as early as September, and the project itself has been ongoing for a long time. Taaki is definitely one of those I hope stays around with Bitcoin for a long time. He may forever be associated with dark markets by the mainstream media but he has quite a bit of respect I'd say within the cypherpunk communities.

I don't think the survival of a few Venezuelans or Syrians, and the death of the rest, is the point here. Amir's project is political, obviously, with nationalism that one hopes is not toxic.

Correct, but I think guys like Taaki have been for very long keen to keep "the spirit of crypto" alive. I watched an interview a few months back and he seems very much like the same guy he has a reputation for. He's always been a strong cryptography and privacy activist, definitely socially and politically active. He believes that Bitcoin's origin in development was as a political technology, and feels it should return to those roots.
16469  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: January 04, 2018, 09:16:25 AM
After a boring first half London Derby had a much better second half with 4 goals scored in the last 30 minutes in the match Chelsea waisted a lot of scoring chances Morata was an artist in waisting those chances.
But Arsenal had bad luck again with referee as Chelsea got back from Hazard penalty dive that he converted . Now this draw will help the other teams like Liverpool United and Tottenham to get little bit far from Arsenal and getting little bit closer to chelsea so the first January Derby finished with a draw it's still time for Arsenal to take their revenge back from the next two Cup games which they always do.

Exciting game, but ultimately frustrating for both sides. Arsenal may not have really deserved the point in the Liverpool fiasco, but they surely should feel they can't complain about this draw either. I also felt the penalty was rather soft, poor form of Hazard to go down for that, but perhaps this is the "professionalism" that Chelsea and the big teams have.

I lost my small bet, thinking Arsenal would nick the win, although on the basis of play, I expected a loss in the second half. Luckily Chelsea couldn't take their chances on goal. 14 point lead for City, it really is going to be a boring contest for 2-4th place. The other big 5 are just so erratic.
16470  Economy / Service Discussion / Re: Is multimining.website is a legit mining website? Are they paying? on: January 03, 2018, 07:22:14 PM
You've signed up at a ponzi/hyip site, so yes scam. The free BTC is typical to lure people to put more in.

Even if it were legitimate, I wouldn't call it an outright scam, since most seem to be profitable for themselves and for a lot of users but I would definitely call them borderline rip-offs. Almost every condition outlined on legitimate cloudmining websites is intended to misrepresent potential profits, and are at best vague. If any cloudmining service were at least open and honest, they would publish historical data and stats.

Luckily, we don't really need those. Simple Google searches and your own rough calculations will show that hundreds of users have lost money from cloudmining contracts. Even those who profit only do so after many, many months, and realise fiat profits simply because of Bitcoin's favourable price. I daresay all of them would have been better off buying Bitcoin and holding. Plus, as I understand, you get daily payments that essentially become dust inputs in your wallet. Think about the fees you pay just to consolidate them.

That said, there seem to be two cloudmining projects (they're not called that but they're basically managed mining projects) that seem a little more transparent and have numbers backing some of their claims. HydroMiner and Gigawatts. You can check them out.
16471  Economy / Service Discussion / Re: Bittrex - New accounts on: January 03, 2018, 06:58:11 PM
Rejecting new accounts is never a good idea. It actually stops the growth of any business.

They're not rejecting new accounts. The official announcements and support responses so far has been that they need to hire and train more new support staff as well as upgrading of server capacities. It's a good move and a long time coming, I've to say. I didn't like the changes they introduced recently (limiting orders and basically restricting small trades) but I guess in the long run, the existing customers will get over it and appreciate that the slowness and delays of support, withdrawals, even the order executions don't get worse.

Yes, it stops growth, but that's a whole better option than customer attrition. This is just what we have to deal with on centralised exchanges. Can we revive the push for dexs, everyone?
16472  Bitcoin / Bitcoin Discussion / Re: Bitcoin Is Now Climbing Back Again !! on: January 03, 2018, 05:20:47 PM
Happening quicker than I expected too, so to put on my pessimist cap, this can only be either a burst of buying from people all back from holidaying, or the storm before the calm that people usually can see in January. Either way, it should be a short-lived rally, I know this January shouldn't be like all the previous ones with all the spotlight still trained well on Bitcoin - plus we'll have the first futures contracts expire this month. Yes, all cash settled, but likely to have some psychological impact leading to sell flurries.

Volality of bitcoin prices will always have factors pertaining to its demand and supply and with accordance to the news that affects people's perception towards it. I assume that the good news upon the first usage of lightning network is one factor that affects the return to its normal climb. When trust grow, it will regain its popularity and even attract more users. Also, vacation is almost over and I guess people are starting to invest again after the big spending this last few weeks.

Well, once the big exchanges and wallets start implementing LN, then we'll see a lot of positive movement. As yet, mempool hasn't seen levels below 100k for weeks, so this is going to be quite a drought to weather.
16473  Economy / Gambling / Re: Moneypot: Powered by Monster Byte on: January 03, 2018, 03:20:00 PM
So this aqusition by monsterbyte is big sine now they can just use their own tokens/alt coins to fuel these casinos now.
Correct?
Expect the value of their coins to surge on the exchanges they are on in the next few weeks.

Two of the oldest names in Bitcoin gambling have now joined forces, who says the crypto gambling scene isn't still full or surprises eh? MP (through an API) was my very first introduction to using microbetting with satoshi, dice, and I still have good friendships from some of the sites using MP bankroll. Hope this significant news will signal a revival for some of those casinos, expect MBI tokens to get a boost in demand over the next few months even (it pays holders dividends) once word gets out.

Bitcoin is still great, but very good to see alts coming into the scene, especially for the sportsbook. Great start to the year, well done MP and MB!
16474  Bitcoin / Press / Re: [2018-01-03] Bitcoin Billionaires Hiding in Plain Sight on: January 03, 2018, 03:03:37 PM
200 Bitcoin billionaires? That's pretty much too optimistic. However, they may seem 'hidden' for the majority of the people here, but if they honestly declare their holdings, they aren't that hidden at all.

Problem is that you as wealthy hodler has to make an important and well thought out choice. If you keep your wealth in Bitcoin hidden, there is basically no way to liquidate a large chunk without being noticed.

If you declare your holdings, it takes a massive amount of weight off hour shoulders. Tax evasion on such a large scale may lead to an insane jail sentence, which if you look back, isn't really worth hiding it for.

It's your own wealth, but if you hide it from the authorities, you'll be treated the same, or even worse than a murderer. What a twisted and broken system this is.

I guess that's where the phrase "hidden in plain sight" - just like in "real life", we all know who the billionaires in our town are, even if they never get listed in a wealthy list of they never declare ownership of wealth. But while one can only assume what people is worth by observation, the blockchain allows a shrewd and persistent investigator, armed with the most sophisticated of forensics blockchain software, will eventually be able to place the Bitcoins with identities - not necessarily names, but users identified by address, platform, IP, behaviour.

I'm sure a lot of those people (individuals anyway) who held lots are regretting not spreading out their coins. As you say, they're all probably watched. But yeah, I'd just declare everything if I owned that much. I like paying my taxes anyway.
16475  Economy / Securities / Re: LoyceV's Hero Small 10 Month 10 Person 10 Altcoin Investment Experiment: STARTED on: January 02, 2018, 10:38:46 PM
I received a PM asking about my Bittrex-status:
Bittrex has lowered thousands of withdrawal limits to 0BTC, including my account. Many people on Bitcointalk complain about this. I still have 8 months to see how this develops, and still have high hopes of regaining full access, but Bittrex' behaviour is worrying.
I've sent Bittrex an ID-scan and an angry looking selfie (I hate them for that requirement!), and my account is verified again.
These tricks moved them down on my trust-list though. That kinda makes me want to withdraw all altcoins into my own wallets, but it will take a few percent on fees, and it will be a lot of work setting up the right wallets.
Any thoughs on this? I think I'll leave it for now, but if there is going to be a next version of this experiment, I want to set this part up different from the start.

I wouldn't worry about it, Loyce. I have had the same (temporary) issues across several exchanges, but these seem to go away very quickly if you always go for full enhanced verified status (or whatever they're called on whichever platform). I travel a lot and don't always reside in the same place but find that using my permanent address, with a regular bill and a very old verified bank account works.

My trust in any of these exchanges can't be any lower, but since I still use them as well (generally the only place I can buy alts easily)... the devil you got to live with I guess.

I probably won't be too mad if worst-case scenario happened (you lose access to your Bittrex), but maybe just confirm with the others.
16476  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: January 02, 2018, 10:01:24 PM
What a boring night of games, the usual suspects winning, and slim wins for Crystal Palace and West Ham, which could have gone either way. Of course, I feel like a sore loser having lost my Tuesday night bets. Must be all the post-new year excitement wearing off. Manchester City have shrugged off the draw, De Bruyne is back from a false alarm injury, so I guess we really should just hand them the title and watch the less entertaining fight for the remaining Champions League places.

My only consolation this week is Salah's two goals bringing him within distance again of Harry Kane for golden boot, though I haven't forgot that Spurs have their game in hand. 16 games to go, Liverpool are actually 1 point less this stage than they were last season, but they'll only need to improve on last season's Jan/Feb performance by winning 4 league games!
16477  Economy / Service Announcements / Re: Smart Bitcoin Investments - the #1 source for Bitcoin investing knowledge on: January 02, 2018, 07:59:30 PM
Nothing wrong with more and more websites popping up re Bitcoin, but am highly doubtful of Bitcoin investments that are actually viable. Your latest post, for example, resembles more of the typical, run-of-the-mill HYIP than anything else. Don't you think 1% a day just sets off all sorts of alarms, especially when you're allowed to "reinvest" at the end of those 140 days? Even the best legitimate Bitcoin generating opportunities out there are at best low single digit interest rates (margin loans at some of the big exchanges, for example).

Careful you don't get tempted to write reviews and earn referral commissions, or you descend down the route of hyip site. You're an investment knowledge site, maybe focus more on education and awareness?
16478  Economy / Speculation / Re: Bitcoin Corrects Upwards; H&S is a lie; Enjoy Alt-Season while it lasts on: January 02, 2018, 06:11:04 PM
Heads and shoulders is one of the most overused in this forum, I've seen even 15-min uses but haven't we already all given up on TA by now? What is TA except analysis based on data? Even for the most stable and predictable markets, it is indicative at best and that, only in the hands of experienced traders. Try and remember that the "market" isn't even a decade old and even I feel the "seven-year" history belies the thin volumes that marked the early years. That's the data we're talking about. And which is why I'm reluctant to believe any of these new predictive projects on big data is going to work. What big data do we have on Bitcoin that we need supercomputers to process, anyway?
16479  Economy / Gambling discussion / Re: Why do all Vietnamese people play Dice/Gambling? on: January 02, 2018, 03:48:32 PM
Ah, I love a good stereotype. Here in Southeast Asia, gambling is every bit cultural as other aspects of life, but few would care to admit how close to home it hits. Of course, regulations on gambling mean that we don't have the full-fledged casino culture here, and where religion and state are close (like in Malaysia and Brunei), it is even taboo to talk openly about gambling.

Vietnam, by the way, along with a handful of other Southeast Asian countries, have been experiencing spurts of growth in Bitcoin trading volume since the end of 2016. I would venture to say, though, that crypto is seen as the next "get rich quick" scheme by a lot of adopters (I wish there were a better word), and I've seen a lot of online casinos launching (illegal, unregulated and mostly whitelabel rips) in the local forums for VN and Thai especially - themselves experiencing a boom in Bitcoin trading volume in the cities.

Personally, the ones I meet most from that region on dice /crypto casinos are Indonesian...
16480  Economy / Trading Discussion / Re: Turning Bitcoin into ££££ on: January 02, 2018, 03:30:53 PM
I'm with the rest here on Localbitcoins. Always used it in now more than five countries and never had a hitch (unless you call waiting more than 3 business days for bank wires to clear a hitch). I'm slowly warming up to Bisq, which will be familiar to use if you also use LBC before, same p2p concept except it has its own software which you need to keep connected for the duration of the trade. Basically, any p2p platform should work locally.

For some convenience (with a daily limit at basic verification), I've also been somewhat satisfied with BitPanda, which processes my withdraws within the hour of request. I just sell everything to the local EUR wallet, which results in the lowest fees. Then you can withdraw to any bank account, including a GBP one.
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