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1821  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Never Designed for Scalability on: October 19, 2019, 10:59:20 PM
Aren't they proposing some sort of Ethereum 2.0 protocol for scaling?

It's funny because previously, ETH was seen as something that was more scalable than bitcoin and the entire point of the scare campaign about the 'flippening' was that bitcoin couldn't be scaled, transaction fees are going to skyrocket, and people are going to flood towards ETH.

And now, the tables have turned and the situation is binary opposites.
1822  Alternate cryptocurrencies / Altcoin Discussion / Re: Owner of Burj Khalifa,Dubai Mall, launching token on JPMorgan’s blockchain on: October 19, 2019, 10:03:44 PM
What's interesting here is that they're not choosing to launch it on more established blockchains like ETH, EOS, etc., but rather going with JPMorgan's centralised blockchain that hasn't really even been proven or widely adopted yet apart from their internal activities.

Why is that? Is there a particular reason for that here?

Perhaps it's a ploy to hype up JPMorgan's blockchain and stablecoin? That's a wild speculation but it would explain the intentions behind such a move.
1823  Economy / Service Discussion / Re: Inheriting Bitcoin on: October 19, 2019, 09:39:22 PM
While I was browsing the latest Bitcoin news to search for an update positive and negative once then I stumble upon this article that insists that you can now pass on your Bitcoin when you die when you used their service,

And this is Casa's Bitcoin inheriting Service that I think will surely be helpful in the future when you passed away (knock on the hood) and your family and relative doesn't know a thing about cryptocurrency and your Pass Phrase as well, Well I think there is a risk involved in this kind of service your relatives can sure recover your Private key but it can be also an exploit to be stolen as well, but they had promised a multi-sig system that can make the inheritance safer what do you guys think?

https://cryptoslate.com/you-can-now-pass-on-crypto-with-casas-new-bitcoin-inheritance-service/

Why not just set up a future transaction in the form of nlocktime? It's safer and easier than having a third party having custody over even just one of your multisig keys for any period of time, even though that may sound like it's safe for now.

The absurd costs that they're charging honestly make this very unattractive to any potential user.

$100 and $400 per month is no joke here. That translates to up to $5k a year. You can probably pay for actual inheritance lawyers and have bank safety deposit boxes, among a range of other things for that sort of money.
1824  Economy / Collectibles / Re: Milkspotting on silver coins? on: October 19, 2019, 09:12:43 PM
Couple of thoughts:

1.  The best way to avoid milkspotty silver is to not buy coins from the  Royal Canadian Mint.  Their designs are great, but they have had this problem for some time and do not seem to care to correct it.  It is not just the bullion maple leafs but also on their semi-numi stuff which really sucks.  If you really like an RCM design get it in gold or platinum.  Maples are gorgeous in both Plat and Gold.

2.  All mints have had some struggle with this issue.  Perth mint had an issue in the 2013-2015 time period.  I believe they determined the source was a detergent in the planchet cleaning process so they added another rinse prior to striking.   I have handled quite a few ASEs, Pandas, and Libertads and it happens but quite rare, maybe 1 in 500 coins.  UK Britanias have a bad reputation for spotting as do the Somalia Elephants, I avoid both for that reason.

3.  Physical crypto coins - only a few I can think of:  Denarium (2017?) and the 10 oz NastyFans coin.

4.  No cleaning method exists that will not further damage the coin (the abrasions you mentioned/hairline scratches).  NGC and PCGS offer "conservation" but that mostly deals with PVC contamination or similar.  

5.  Spotted silver is worth spot.

edit to add: Austria Phils have a reputation of terrible milk spotting.

I've got several Australian silver kangaroos that have spotted as well, although nowhere near the magnitude of what I see on royal Canadian mint products. As a result, I'm probably not going to go back to by any of their products (even though it seems like they may have fixed the issue).

If it's true that abrasions are going to be necessary in obtaining cleaning, then I might just leave it as-is. I hate hairlines more than milk spots, lol.
1825  Economy / Collectibles / Milkspotting on silver coins? on: October 19, 2019, 10:58:06 AM
I've got some serious milk spotting going on on some of the coins I've got. The most severely affected category of coins is probably the maple leaves (without surprises here).

I've tried rubbering but the new radial design of the maple leaves make it difficult to get rid of it completely. I'm also concerned that the abrasion from that will make the coin's surface appear inconsistent (I know it's bullion, but I've got some higher end collectible stuff that has milkspotting as well).

My question is, does anyone have recommendations for a chemical cleaner that is able to get rid of these spots, or would they only be rid with an eraser?

Cheers
1826  Economy / Service Discussion / Re: Bitskins alternatives? on: October 19, 2019, 10:31:08 AM
Thanks. I'll try out skinbay then.

I was leaning towards Bitskins because of the fact that they had significantly more liquidity it seems and way more users. But with new ownership, I'm really unsure about whether or not they're even legit to begin with given the fact that we don't know who they are.

Has anyone used skinbaron?

SkinBaron is very reputable but very expensive. If you don't mind the high fees, then it's probably the best alternative to BitSkins otherwise, take a look at SkinBay as suggested above or CS.Deals.

My problem with cs.deals is probably again, lack of liquidity.

Yes, they offer 1% fees but they don't even offer paypal to the buyers which means that there is less demand for skins on their site anyway. I'm not sure how feasible it is or even how long you're expected to wait when using them.

I've listed my stuff on skinbay and i'll let everyone know how it goes.
1827  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do Investors always turn to reduce or deny bounty hunters their payments on: October 19, 2019, 09:57:34 AM
Some Project owners together with some Bounty managers promise Hunters certain percentage of total tokens to be created.
These promised tokens inturn manipulates hunters to engage in these bounties expecting to be paid.
One main phrase that gets to favor this bounty managers and project owners is "bounty manager and project owners have the rigjt to male changes to the bounty tool at any point in time"
Should the above statement be allowed to continue?

If they stated that before the campaign was opened to participants, then I don't see a problem with it as long as the changes they make in the future aren't drastically different from what the original conditions were of the campaign.

If you sign up to a bounty campaign with these aforementioned conditions, then it's really your own responsibility and risk.

But honestly, there is a lot of campaigns that are completely not worth your while. Do your own research before providing your labour.
1828  Alternate cryptocurrencies / Altcoin Discussion / Re: How to protect your crypto before death? on: October 19, 2019, 06:00:38 AM
Set up an nlocktime transaction.

Essentially, it's a dead man's switch. A transaction that can only be executed at a future date, and if you're not dead by that date, simply send the funds to another address that only you have access to.

I'm not sure if this is something that is available with every single blockchain though. For alts, you'd probably have to go with a custodial service, or simply trust your will recipients with a private key (hide it somewhere perhaps).
1829  Economy / Service Discussion / Re: Bitskins alternatives? on: October 19, 2019, 01:00:31 AM
What is even going with Bitskins? They were announcing that they were going to shut down and apparently new ownership has now taken over or something? Are they still safe to use?
Yes.

They announced they had a new owner ~2 weeks ago: https://www.twitlonger.com/show/n_1sr1bvb

And with crypto back:
Quote
Cryptocurrencies are making a return! Depositing and withdrawing cryptocurrencies will be possible again! Deposits will be available very shortly and withdrawals will be implemented in within a week as we work out the final details.

The $2.000 purchase and maximum item listing amount will be removed as well!

I would be careful with it, since we don't know the intentions behind the new owner.

Also, anyone had any experience with sites like Skinbay or Skinbaron?
I didn't use neither of them since I stopped playing CSGO a while ago, but I had a few friends that used Skinbay and they affirm it is legit. So it should be a valid option.

Thanks. I'll try out skinbay then.

I was leaning towards Bitskins because of the fact that they had significantly more liquidity it seems and way more users. But with new ownership, I'm really unsure about whether or not they're even legit to begin with given the fact that we don't know who they are.

Has anyone used skinbaron?
1830  Economy / Service Discussion / Bitskins alternatives? on: October 18, 2019, 10:12:05 PM
I'm looking to sell some CSGO skins for BTC, I was wondering what sites other than Bitskins would be the best right now?

What is even going with Bitskins? They were announcing that they were going to shut down and apparently new ownership has now taken over or something? Are they still safe to use?

Also, anyone had any experience with sites like Skinbay or Skinbaron?
1831  Alternate cryptocurrencies / Altcoin Discussion / Re: Gram vs Libra: is there any difference? on: October 18, 2019, 07:33:03 AM
I won't waste your time retelling the latest news about Libra and how it became non-welcomed among politics, banks, etc.
There's also TON project, which seems more acceptable among society, exchange platforms, communities, etc.

Comparing the feedback — while Gram is 'delighted to be listed' by different exchanges (quote from here), Libra's just... 'not money' (quote from here).
So, could you explain, what's the difference between Libra and Gram and is there future for Gram coin?

They're completely different tokens altogether.

TON is a utility token/security in Telegram, while Libra is essentially a stablecoin within itself that FB is supposedly trying to push mainstream.

From an official standpoint, these two aren't actually that dissimilar at all. We've seen major pushbacks from regulatory agencies for both coins, the Federal Reserve for Libra, and the SEC's recent stance on TON. It's only the community opinion that is differing.
1832  Alternate cryptocurrencies / Altcoin Discussion / Re: Earning crypto on games - are you serious? on: October 18, 2019, 05:48:22 AM
I'm seeing a lot of posts and top-lists with the best crypto games lately. At the moment there’s a huge selection of crypto games online starting from simple casino slots and finishing by shooters, 3D action, and exploration games. I see a lot of promos, articles, etc, but I never heard of the efficiency of those games for their users. Take this top-5 for example. Does anyone even play it? Are you doing it for fun, or is it really a profitable way of earning crypto?

How relevant are blockchain games and is it possible to make any profit on them? By 'making any profit' I mean an alternative to trading, mining, etc.
Share your experience.

DragonTale(DT) is really the only game that I've known to have consistently paid out real money, even if you are FTP.

All these blockchain games either require some sort of investment at the start, or are complete games of chance. You've even got companies like VGO that is trying to simulate the skin trading experience of CSGO, which honestly doesn't work out that well.

At the end of the day, it's very speculative. You see Decentraland prices going up and down drastically, but really, how many people play their game and actually earn money? Ultimately, speculators are the ones making profits.
1833  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bull run / wishful think ? on: October 17, 2019, 11:45:08 PM
well, i dont believe that .
i just think with my logic, how people, or whales or big investor or whatever their name, will put their money to the crypto market easily without think first, or even if they think first, did they will think about consequence from their action ?
maybe mass sell will come from another side who have been waiting that moment.
just because end of the year will come and u think bull will comes too ?
or someone can explain me about bull run signal or whatever u call that, because i totaly think that just no more than wishfull think.

I personally think that the alt market will continue to recovery from losses earlier on within the year.

However, the crypto market overall I'm not as long on. I think that due to how hard Bakkt flopped and how there is extremely strong resistance at around the $10k level, there is a lack of bullish momentum for at least until the end of this year for total market cap to increase drastically.

Individual alts can still rally relative to BTC, like what DOGE is doing right now. But in terms of fiat returns, I doubt that there will be anything major.
1834  Alternate cryptocurrencies / Altcoin Discussion / Re: SEC blocks Telegram with its $1.7 Billion token sale on: October 17, 2019, 11:11:31 PM
https://www.sec.gov/news/press-release/2019-212


What detrimental effect would this have on other firms using their existing tools/software which are widely used and are then used to offer tokens to their massive user base?

Do you think this is just nit-picking by the SEC or do you think these are real concerns and not just technicalities which resulted in them halting the token sale?

What do you think Telegram should do next?

I think that any company that has an existing product will most likely continue to be classified as a security if they offer their tokens up for ICOing.

That's just the plain hard truth right now. It doesn't matter whether or not if you think it is right, based on SEC's definitions of what a security is, these tokens are probably are. And besides, telegram doesn't have the best reputation within law enforcement, even though it's probably unfair.

Kik went through something similar. Future businesses should certainly beware.
1835  Alternate cryptocurrencies / Altcoin Discussion / Re: Stacking cryptocurrencies with Interest on: October 17, 2019, 11:24:26 AM
Coinmarketcap has recently published a page where they track the interest rates from various cryptocurrencies on different platforms. The highest Bitcoin APR is now 6.20% at BlockFi. Looks like BNB and stable coins have even 10% APRs. I wonder what are these platforms doing with your crypto to offer such high interest rates..

My question to the community is how much you trust these platforms to hold your crypto safe and don't scam away? Is the 4-6% annual interest rate worth the risk for you?

Depends on the circumstances.

Products like BlockFi I'd be comfortable with putting a chunk of my coinage in because of the fact that they are quite established, but I do believe that you should always be prepared to hand over KYC documents before actually subscribing to these investments.

BNB and other staking coins are risk-free technically because everything is decentralised - of course, they are prone to adverse movements in token price still.

6% per annum isn't something that is unachievable, but should raise alarm bells if it's not put out by a legitimate company with a track record.
1836  Economy / Gambling discussion / Re: Learn to play Dice on: October 17, 2019, 09:59:52 AM
No matter how you 'learn' to play dice, you'll never get +EV results.

House edge will always trump, unless there is some sort of out of this world promotion which happens once every blue moon.

So I'd suggest that anyone looking to 'learn' to play dice, look at dicing as a form of entertainment instead. You'll get so much more enjoyment out of it and probably care about your losses a lot less than if you took it too serious.
1837  Economy / Service Discussion / Re: Any VCC Provider doesn't required KYC ? on: October 17, 2019, 06:50:35 AM
did you ever try both of the websites above? because it's my first time heard about that and if the both of the website is trusted i want to try to buy the VCC to verify something

I have used Coinsbee and I had a very pleasant experience. As for Paycent, here is the announcement thread If you would like to read reviews or ask questions about it. I haven't tried them yet.

I wouldn't recommend coinbase.

The opinions are very mixed, but the general consensus is that if anything goes wrong when you use their services, there is generally a lack of support with their customer service.

Essentially, everything will work smoothly, or you can be waiting for weeks on end for a response from support. Not worth the risk, which is quite high especially with fiat payments.
1838  Economy / Gambling discussion / Re: What will be the Faith of Casino business owners? on: October 16, 2019, 08:13:58 PM
I'm fairly sure that most casino businesses operate without a license in the crypto space anyway.

The select few that do have online gaming licenses hold it in safe haven countries that literally depend on these licenses for their internal revenue, which probably won't be affected by any new legislation of this sort in countries that weren't considered "safe havens" in the first place.

As a result, I doubt that the landscape will shift significantly.
1839  Economy / Gambling discussion / Re: Where are 0% house edge dice games at ? on: October 16, 2019, 05:37:11 PM
The only form of gambling with 0% house edge that I can think of would be p2p. And by p2p I mean actually, peer to peer, not through any middleman. A lot of p2p betting platforms still take commissions on each bet, which essentially consists the house edge.

The fact is that there needs to be some sort of incentive for people to fund the house, even on decentralised betting platforms.

This is not about "giving the power back to the people". It's all about monetary incentive.
1840  Economy / Speculation / Re: 20K by March, A positive Look at the market. on: October 15, 2019, 11:12:00 AM
When you zoom out over the long run, this bearish downturn doesn't look as scary anymore, does it?

I think the main issue right now is that people are too fixated on the fact that short term sentiment is bearish, and that they're not seeing immediate returns on their investment - which kind of feeds into the bearish cycle since weak hands start dumping their positions.

But over the long run, we have clearly defined market cycles which bitcoin has followed countless times. I do think that $8k will serve as a viable support for BTC to rebound off. Overall, fundamentals have stayed the same, if not drastically improved through LN, even. There is no reason for the ATH not to be broken as we approach halving once again.
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