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17081  Economy / Gambling discussion / Re: Bitcointalk English Premier League pool betting Discussion Thread on: September 26, 2017, 12:27:01 PM
https://talkimg.com/images/2023/11/16/FmYv2.png

Haha, Nah. I was close to the cyclone zone. Got busy there. Will need to make a comeback next week. I think you are doing really well too Smiley


Just keep safe, buddy, I'm sure you can do it next week. And yeah! 2 correct scores and it hauled me back up to 100. I think more than half of us took the right score on Arsenal, though I was sure it was all over when Jay Rodriguez was chopped down in the box. No penalty and shot saved by Cech, and we all got our 2-0 win. These are the margins of football, eh?

Anyway guys, a reminder that BBC Week 7 is up, so enter all your picks now to save heartache. I still got Liverpool on a 3-0 win away at good old Rafa's Newcastle!
17082  Bitcoin / Press / Re: [2017-09-26] Bitcoin Trading Premium in Zimbabwe at $7,200 on: September 26, 2017, 06:07:43 AM
At first, my reaction was "poor guys, they have to cough up almost double the money just to get something that everyone should be able to get at the same rates. Then I came to my senses and realised that these guys buying Bitcoin at that price were probably loaded with cash anyway (hence the willingness to buy so costly). And not to play to stereotypes but in countries like Zimbabwe, if you were super rich, then you probably got there through status or some less than honest way.

Isn't there an international exchange accepting Zim at the moment? I thought Western Union was there.
17083  Economy / Gambling discussion / Re: Bitcointalk English Premier League pool betting Discussion Thread on: September 25, 2017, 03:04:31 PM
@ajax are you sure you just didn't have a bad week like I did? Wink
@toke come on, there are 32 games left and plenty of upsets and surprises, don't throw in the towel yet.
@unyil man you got some balls to come in and play after missing 6 weeks, but welcome to the BCT league!

And hey, there's still tonight's final game of the week to throw up 40 points. Maybe tonight's the night overtake you, hilarious.  Tongue
17084  Bitcoin / Bitcoin Discussion / Re: The Coming War Between Digital Currencies on: September 25, 2017, 12:10:47 PM
Whatever digital currency banks might issue to "combat" Bitcoin will merely be the next iteration of fiat. I am often reminded that, despite other new uses for Bitcoin, it was first created as an alternative digital currency. Crypto/blockchain is still in its infancy, with little pronounced real world use. So no one is can be blamed for going with the convention of lumping all crypto into a convenient "cryptocurrency" label.

But once this age has passed, I do believe that there will be only a few "true" currency. Bitcoin being foremost and possibly the only one to enter true economic use. I see Ether and others to power their own networks, niche currencies like Monero for their specific purposes will always remain outside of mainstream.

There won't be a war, though. That's just sensationalist talk. Comes out from all sides of discussion. This did get me thinking about fiat's main weapon: paper money! No fees ever to transact Wink
17085  Bitcoin / Press / Re: [2017-09-24] SegWit: First Steps To Ecosystem on: September 25, 2017, 11:00:00 AM
Gotta admit this is out of my depth currently. Basically, what Litecoin has demonstrated is that atomic swaps is currently already possible with real coins hopping across actual blockchains, right? For now, am not sure if people would flock to atomic swaps especially with the added necessity of 2-2 multisig.

As it is, it's a struggle to convince people to come to a DEX. Have made a couple of test trades myself but volume is still too thin where I am (Counterparty).

Also, Lee says SegWit and LN are a must. But if atomic swaps are on chain, why is LN needed?
17086  Bitcoin / Hardware wallets / Re: Difficulty contest Sept.18 Prize a sealed Trezor wallet. Picks are now open! on: September 25, 2017, 08:36:05 AM
Hey philip, thanks for getting this degenerate train back on track! Looks like the graph is getting over that huge blip, wonder if we'll get another surprise at the November mark?

Let me be the first to show ye of little faith how the miners are returning to the comforting fold of Bitcoin with my positive adjustment guess Wink
Edit: eh, abeandund appears to be stronger of faith

1.7 = buwaytress
17087  Economy / Scam Accusations / Re: Nitrogen Sports is trying to scam me over 0.25 BTC on: September 25, 2017, 06:36:52 AM
I'm with DarkDays on this one. It's actually pretty clear cut. You tried (successfully) to take winnings from a misgraded wager. Nitrogen is actually one of the better bookies out there simply because they grade quickly... but of course, they do run the risk of making mistakes like in this fight.

You seem to acknowledge yourself that you shouldn't have won this, and had you read their full terms and conditions, you'd find yourself the guilty party. Every bookie graded this at UNDER 9.5 in the end. A mistake was made, and they were merely correcting it.
17088  Bitcoin / Bitcoin Discussion / Re: is there anything similar between cryptocurrency and torrents? on: September 25, 2017, 06:05:51 AM
You've got the gist of the answers to that... I would say they're separate technologies similar only in distribution (p2p) and decentralisation. Arguably, you could say they're both inspired by the same libertarian ideologies. But here are a couple more connections:

I'm a heavy torrent user (yes I still don't do Hulu or Netflix) and recall Micro torrent secretly installing malware on their client a couple of years ago (before I even got into Bitcoin actually). They'd used thousands of home computers to mine Bitcoin for a while before whitehats discovered this. They've gotten over that scandal since, but more recently, Pirate Bay installed a mining script that also used surfer's CPUs while on their site.
17089  Bitcoin / Press / Re: [2017-09-24] Malaysia’s Legalization of BTC Could Bring Millions of New Users on: September 25, 2017, 05:04:39 AM
How could bitcoin regulations bring millions of new users from Malaysia? Unregulated bitcoin should have brought in millions of Malaysian users anyway if the interest was there.

If there is something with these regulations, it is to control and limit bitcoin's accessibility to the common people.

While unregulated, Malaysia already has been for almost a year now the top 10 fastest growing countries in terms of bitcoin trading volume (Localbitcoins). But if you consider the official current stance of the central bank since 2014, which warns citizens to use Bitcoin at their own risk, then surely you could understand that a lot of people would simply take this advice at face value.

Think about what regulation means for the average Malaysian. You walk into a bank, or money changer, and you see them proudly showing off their license to take Bitcoin. Maybe this alone gives exposure.
17090  Bitcoin / Press / Re: [2017-09-24] Malaysia’s Legalization of BTC Could Bring Millions of New Users on: September 24, 2017, 09:29:05 PM
It's been a long time coming but it should not come as a surprise to anyone in Southeast Asian finance. Even the central bank and SEC's previous comments on Bitcoin have been fairly innocuous - at worst neutral. There's also been a lot of silent backroom discussions with Bank Negara Malaysia in the months since the first blockchain conference in June. With another scheduled for November, looks like 2018 is all clear for Bitcoin.
17091  Economy / Trading Discussion / Re: Chinese-Based Exchange Ban Question on: September 24, 2017, 07:15:32 PM
Putting aside of what they plan on doing ... let's assume they don't ban foreign exchanges (yet, or ever). Is there any reason of why a Chinese citizen wouldn't be able to buy crypto's from a foreign exchange (USD/EUR/GBP...etc)? Again, I'm not really sure how Chinese banks work when purchasing anything online in a different currency, I assume it's no different to the UK where if I pay for something in USD, the bank will just convert it using their rates and charge a foreign transaction fee.

That's the thing isn't it? If China really wanted to prevent citizens from exchanging their crypto to fiat, they'd have to go after (block, rather) all means of accessing exchanges operating outside their borders. You're right of course and Chinese banks work the same way. You give a person anywhere in the world your bank account and you get it in the account's currency, regardless of what currency it was sent in. The receiving bank is the one who decides if they can accept the payment currency, and then it's all converted at interbank rates. That's actually a major part of banking income.

China would not want to prevent this, since this makes it even easier for them to raise alerts at bank level if receiving money from abroad.
17092  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [Coinscalendar.com] Crypto Calendar with Altcoins Events on: September 24, 2017, 06:13:01 PM
This is a ripoff of our website and a scam website. Stop stealing our content!

For those who are curious check out the registration date for their domain and compare it to ours :
 
http://www.coincalendar.info

Again, STOP STEALING OUR DESIGN AND CONTENT!



I just saw that post too. I recommend you go to the thread, and report the post/user. Newbie with 0 activity so does seem like a ripoff artist.

On your page: I would like to say good job. It's not very often I add a new site to my bookmarks, but yours certainly looks useful. Clean and loads fast. I would only say that I wish there were a way to also add the actual event organiser. Do you take the events from official websites or are these all user content? I'm asking from the perspective of someone who might be interested to find out more - a contact person for each event would be useful, for example. I see that this usually works for each link but some point to social media feeds instead of event page.
17093  Economy / Gambling / Re: BitcoinRush.io - Bitcoin Sportsbook, and Casino (Live Wagering Now Available) on: September 24, 2017, 05:52:42 PM
Very nice update! BitoinRush has to have one of the more underrated cashback programmes. You usually find them at the bigger, full-fledged online casinos, tied to fiat wagering, but they have really poor returns, plus hidden wagering requirements. This latest update makes it even better.

Just a question here: the comps are highest at Hi-Lo, does this mean that's also the game with highest house edge?
17094  Bitcoin / Bitcoin Discussion / Re: Bitcoin Price is Headed to $25,000 Despite Recent Setbacks: Researcher on CNBC on: September 24, 2017, 03:19:35 PM
I actually saw this excerpt on a news feed and thought it was from Charlie Lee. While it's good to hear things like this, I somehow still view these reports as arbitrary noise on the news. I can't say if the balance between FUD and enthusiasm has reached equilibrium on the mainstream, but I have to wonder what the real point can be in these kinds of predictions, other than bragging rights at some obscure point in the future! Also, tags like former MD at JP Morgan won't lend any credence.

Nevertheless, one good comment raised I did not know about: only 300,000 holders of at least $5,000. I suspect, after removing exchanges, start-ups and them angels, you might end up with a far smaller number of actual holders. That's good news for someone like me, yet to hold my 1 BTC.
17095  Economy / Trading Discussion / Re: Trading strategy? on: September 24, 2017, 02:33:24 PM
One thing that is indeed the way to do when trading is to see the conditions of trading cryptocurrency that I will do, if it has decreased or a little demand then it is certain it is time to make sales at a high price. And if when the number of cryptocurrency is many then it is certain it is a place to make a purchase by bargain at a low price. So, trading is something quite easy if you understand all the aspects that exist and the most important thing to be able to gain a lot of advantage is self-control.


In theory, of course that's how you trade. But in practice, it's impossible to foresee or predict the conditions of demand, especially when it comes to short term trading, never mind day trading where minutes are the average timeframes.

The only prediction I have been consistently "accurate" enough with is with Bitcoin, and even that's just the pattern observeable until now. Demand is a funny thing really. I've sold at prices above market when demand seems to be peaking, but then it can easily drop off, as if afraid to touch the price I've set sell orders at.
17096  Economy / Gambling / Re: BTCBET.CC – Bitcoin price BETTING every 5 minute on: September 24, 2017, 01:59:48 PM
Sounds like a good model for the operators, since there's no way for players to game the system (what do you do, bet against yourself? Still lose out on commissions).

I do want to clarify one item here though: You say that a 0.01 withdrawal will only result in 0.009 after site commission. This is a 10% commission... in addition to 5% of winnings. Sounds slightly exorbitant for me.

A better way would be to just charge a flat commission on winnings, with the entire winning amount sent back to the person who won immediately. You still make profit like this, no?
17097  Economy / Marketplace / Re: Projects you should start, we need! on: September 24, 2017, 10:03:16 AM
Interesting post on "new ideas". I'm also keen to see this forum generate newer ideas, or introducing better innovation. There are plenty of gems still to be found, but they tend to get easily lost under the pile of carbon copies. The "everything" idea is not practical, nor wise, in my opinion. There are still so many alts that don't even have a market outside of decentralised exchanges or P2P.

You only have to look at those exchanges that specialise in exotic alts to see that their models end up at nett loss when wallets fail and blockchains lose their nodes. You simply cannot sustain "everything". The hit you take to customer confidence is a risk not worth taking. Have you seen the rant posts of X exchange stealing 1000s of "XYZ coin"?
17098  Economy / Trading Discussion / Re: How safe is localbitcoins? on: September 23, 2017, 08:39:12 PM
LocalBitcoin is safe and trusted but the people not so much if I can say. There are a lot of fraud there.

For example selling Bitcoin for Paypal then once sold, the buyer opens a dispute or chargeback with unauthorized account/transaction access. It is something common and that's why the sellers set a rate higher (20%) for Paypal sales. The same with bank transfers, there are a lot of people sending you bank transfer and then contact their bank with all kind of excuse.

That's unfortunately the nature of P2P. But I do find in my particular country anyway that the methods I use are extremely difficult to defraud. I always contact the trader first so if they don't provide a method of contact, I don't use them. Then, it has to be an online trade with escrow. Finally, the method of payment is usually online bank transfer. Once sent, yes they can still try and reverse the tx through the bank, but it happens with difficulty from their side.

Also, I do my sells in a few small batches with several trusted traders (those who have years of trades and high volume). It wouldn't make sense for them to sacrifice their feedback for a few hundred dollars. As a newbie, build up sells first so you have enough trust for people to want to take your buys.
17099  Economy / Gambling discussion / Re: Bitcointalk English Premier League pool betting Discussion Thread on: September 23, 2017, 07:47:19 PM
So guys how are you today, most of games are finished, it was some nice results, i just wanna to thanks Everton for this awesome comeback, and i hit that 2:1 correct score for them Smiley

That was my only exact hit too. I had myself over-excited when Liverpool got themselves into 2-0 but I should have known better... I tipped both Manchester teams to draw tonight, 0-0 would have got me a nice score so lost points there, bloody Lukaku!

And well done to Stephen for temporarily dethroning Ajaxmoor... did he forget his picks? Quite a few predictable wins tonight, or did he also try to guess wild outcomes?


So guys how are you today, most of games are finished, it was some nice results, i just wanna to thanks Everton for this awesome comeback, and i hit that 2:1 correct score for them Smiley

I had Man City at 4-0 and Swansea at 1-1 and they both had a late goal to screw me over. Had another couple of other close ones but can't remember what they were off the top of my head and the predictions haven't updated yet. Not sure I ended up with any correct scores after the late goals Sad.

I was so close with City, 4-1, but still no goal for CP, sad story for them. Also Man Utd with 0:2 but, they are delighated with only 1 goal..nvm waiting for Looserpool to win 2:1
Good luck


I had hoped for another Swansea win, but predicted them on the exact opposite 2:1 outcome. Blah.

@BetAdviser, I'm always waiting for Liverfool 3-0. Almost had it but they HAD to score 4 against Arsenal!
17100  Bitcoin / Press / Re: [2017-09-21] 4 Reasons Why Bitcoin May Still Blow Up on: September 23, 2017, 06:25:19 PM
He also needs a better assistant able to come up with easily Googleable numbers and data. If he thinks fraud is Bitcoin's harshest criticism, he makes himself look incredibly foolish when he admits he doesn't have proof of this.

He also likely means illegal activity rather than fraud.
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