There's already something very similar but a lot less discreet in the wording, a group called PumpMyCoin. They have one important aspect which you may have overlooked, unless you expect your bagholders are rich: Funding!
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It's a shame that "licensed" operators are stooping to this level. Fraudulent activity is naturally going to cause accounts to be suspended and should void ALL bets, not simply winnings but even losing. Very few casinos actually just close accounts and refund deposits, it's so tempting to just take everything from the moral high ground.
If you catch a thief, it is illegal for you to take his wallet. One wrong does not give you a Free Pass at one wrong.
Lesson learnt for all: check terms and conditions always. Always ask and confirm with customer support before depositing anything if you need to verify at some point.
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The only way BTC can be "larger" than some fiat currencies mentioned in the list is if numbers are manipulated, which clearly is the case if you go into it.
The most basic logic will tell us that it's impossible for Bitcoin, which has a lower than 1% global adoption, much less in many of the countries listed there. Thai Baht, for example, with the number of tourists visiting each year alone possibly more than Bitcoin users, each spending thousands of dollars worth of Baht can't be "smaller" than BTC!
If you use the argument that these fiat are also inflated by forex, then BTC will lose even further on those grounds if crypto exchanges are taken out of the equation as many of the listed countries are considered as "exotic pairs" and only traded in their subregions.
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OP is a serial news poster, so no surprise that it's not written by him/her. That aside, Bitcoin is getting better at adoption in Europe it seems, with businesses opening up to it. Arnhem in the Netherlands calls itself Bitcoin city, and last weekend just held their annual repeat of Bitcoinfest (not sure of the exact name).
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Hope this longest chain issue has been resolved? I think I also staked some on it, so will now only open my wallet for staking when we confirm it's solved.
Also, my updated tally (edited on 15 April): #171, #177, #183, #192, #207, #218, #229, #237, #245, #255, #263, #269 and #280(13 votes). I noticed POSW voting has slowed down.
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I'm not sure what I'm more worried about: that I find something that resonates with me in your post, or that I am contemplating buying $100 of two alts that fit your description in the near future.
I think many of us, whether we'd admit it or not, feel absolutely stupid for not taking the plunge earlier and live with this tiny voice that despairs over how the rest of our lives will turn out because we didn't.
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They do as Satoshi did. Full stop.
Yeah. It's crazy that he (or they) has managed to maintain that level of anonymity. Seems like even the people on this very forum are talented enough to doxx anyone. But the big thing for a lot of BTC users is the anonymity. Dark markets. Gun and drug sales. Gambling. Who the hell wants to give up your ID and let anyone know who you are? If you're in the world of bitcoin, this ought not puzzle you. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It's not accurate to say that a big thing for us BTC users is anonymity. That may have been the mantra years ago but it's at most pseudo-anonymous today as those holding and wanting to cash out significant amounts of BTC will realise now with the majority of big exchanges requiring ID verification. Dark markets? Guns? Drugs? I'm almost certain most of us have never whiffed a puff of weed or held a gun bought with BTC. =)
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This "too many inputs" concept itself is absurd. What the fuck it has to do with the inputs in the first place? Why did they design it that way?
So if a merchant who sells hundreds of coffees every day for 5$ and accepts bitcoins as payment basically has no choice but to get fucked? Sounds retarded.
A bunch of $5 payments will end up with a reasonable fee. It's when you try hundreds of $.01 payments that you'll end up with massive fees. Bitcoin was never designed to be a micro-payment network. I'm not sure every time someone points that out... when Bitcoin was first designed, it didn't even cost a cent, and yet foresaw that it needed 100 million smallest units (satoshi), allowed for large batch transactions, and LN also provides support for sub-satoshi payments. What on earth would all that be needed for if they did not consider the possibility for micro payments?
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I've seen the current level of congestion at least four or five times in the past 6 months, but never the recommended fee this high - practically double what it was the last time it reached this number of unconfirmed transactions. What has changed?
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Yeah, 70,000 garbage, no-fee transactions by tumblers and gambling sites.
The tumblers can go to hell. Bitcoin is not supposed to be Mastercard. It is a settlement system for people transferring significant amounts of money, not jokers buying sandwiches and playing nickel slots.
Hear, hear! Bitcoin is for the bourgeois elite who struggle to understand how anything less than 10 dollars (I'm not underestimating the elite, I hope) can be a significant amount of money. Bitcoin is only for certain businesses and not others. We ought to issue notices to sandwich shops and fast food outlets to stop accepting Bitcoin, they're really clogging up the network! Jokers can go use Dogecoin and Litecoin, for example. Sincerely, a sandwich-buying joker.
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Right after 4th round distribution it shed 20% and then if those prices are accurate, that means a 60-70% spike. Has this been observed every distribution? I suppose for such a young coin, this was to be expected!
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Hey LoyceV, it seems I am also having an issue with blackbytes. I received the bytes from 4th round distribution, but no blackbytes as of today. What did you do exactly to receive it? I sent a message to tony, but apparently blackbytes were still being distributed at that time. That has completed now, so I suggest you send tony a message if something still went wrong. Ah, logged on again now and it seems the blackbytes were indeed transferred about a day later, at the exact 2.11 ratio of bytes I received. I guess it's pretty normal for the staggered delay, I'll know to wait for a full day or two even at round 5. Thanks for the feedback!
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Bitfinex openned it earlier already when DASH reached up to $110 where they also allow DASH margin trading. I did tried it and send about 15 DASH just to check whether someone will actually be interested but none took my offer. I guess most of the traders in that exchange has no trust to this currency. Kraken may be different. Good luck to them.
How long did you leave it on trade? Perhaps not very surprising that you didn't find immediate takers when it surged so high (psychological to see that point above $100). The problem with all the heat on these alts, even I changed my mind at the last minute when thinking to buy a bit. Afraid the wave is gone before my surf hits water.
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I've just received my blackbytes! I'm not sure if tony did it after my private message, or it just took a long time to arrive. Earlier I left the wallet open for hours to sync and nothing happened. ... I have the Transition Bot in my chat, I'm not sure what "paired device" means exactly.
May be also interesting for other people: To use any privacy feature in Byteball (i.e. the chat function or blackbyte transfer / blackbyte trading), you have to pair the involved devices. Isn't that done on installation already? I don't need multisig, and I've received my blackbytes. So I think I'm done for now. Thanks guys ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Hey LoyceV, it seems I am also having an issue with blackbytes. I received the bytes from 4th round distribution, but no blackbytes as of today. What did you do exactly to receive it? Also, I read earlier posts about pairing with the bot? Is there any information on how to do this? I tried looking online but there doesn't seem to be much guidance. Is there someone who can point out a good guide for Blackbyte/pairing?
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Tried a number of these on Android and have to say was not happy with all of them. A couple worked well initially but they all seem to run into problems down the line.
If anyone knows of a US, Can or UK virtual sim app similar to Voopee (Malaysian), do share. Voopee is free (top-up credit per use) and has worked well for me for Msia-Msia.
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Oh I finally got them first byteballs, as this was my first distribution I participated in!
Quite "exciting", to be honest. Only thing now is wondering how to get blackbytes, as I thought I'd get them also in this distribution. See you next full moon, everyone!
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when i exit i will post this and when i enter a new position i will post as well.
Great, looking forward to it. If possible, to post details of the date/time and some of that extra info on your analysis, just so we get a little bit of insight into how your portfolio is being built up. Good luck!
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What kind of distribution are you talking about,is this another ICO kind of investment in the second round,i have no idea about all these coins in the forum.
Hey there, you might want to make it a habit to at least read the thread title and first post before asking. No ICO here, just distribution of byteballs and blackbytes, of which the 4th round just happened a few hours ago. You don't have to pay anything for it, but do read the first post for more info.
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When Bitcoin was $250, there were stories about "it will reach $10k". Now Bitcoin is $1200 and the new stories tell about $500k.
There's no doubt that Bitcoin deserves a high valuation. There's no doubt the price has a great chance to be higher after some years. But I somehow have a feeling that some people feed us with dreams and hopes to keep their businesses running.
2030 is pretty far away. Especially in technology, which is known to advance exponentially. There's a chance for $10k, there's a chance for $500k, but there's also a chance for $100 or $1.
Well said, Neurotic. There's 100% a chance for Bitcoin to reach $500,000 in 2030, as much as there is 100% chance a chance for it to reach 0$. But no one can say there's a 100% chance for any price, especially that far away in the future. How many people have predicted the moon? As many who have predicted its death. Let's not take those dreams and hopes simply because we're being fed.
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The distribution snapshot was taken at block 461387!Thank you all for participating in this distribution round. It usually takes some hours until the bytes arrive in your wallet (blackbytes a lot longer), please be patient. If you're too late, don't be sad. There are several more distribution rounds coming up, each one on the full moon! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Well, better late than never! I signed up just in time for the snapshot (I think!) after missing out on the first 3 rounds due to absent computer/internet, but I'll be quite happy to receive my first few bytes, even if my btc balance linked fell short of 0.1! Any chance to look at this snapshot? How many new btc addresses were linked?
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