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21  Bitcoin / Bitcoin Discussion / Re: OpenBazaar Opened , your first impressions ? on: August 09, 2016, 02:53:29 AM
Can OpenBazaar Make Free Trade Unstoppable?
The mission of OpenBazaar is to give everyone in the world "the ability to directly engage in trade with anyone in the world for free," says Brian Hoffman, the project's 33-year-old project leader.

https://www.youtube.com/watch?v=Z5F0Ohet0co

22  Bitcoin / Bitcoin Discussion / Re: US Marshall Service to Auction More Than $1 Million in Bitcoin on: August 08, 2016, 09:28:16 PM
I like it when the U.S. government sells Bitcoin.  They are not allowed to sell illegal things.  It is a step toward wider acceptance.
23  Economy / Gambling discussion / Re: What are the Odds. on: August 08, 2016, 03:06:17 AM
Knowledge-based gambling is your best bet.  So that narrows it down immediately to

  • Bitcoin Internet Poker, where you are playing against other players, you can determine your bets after evaluating your cards (but not your opponent's cards), and the rake is very low
  • Sports Betting, where you can determine where to place your bets
  • Blackjack, where you are playing against the house, but you have some potential to assess your advantage (based on dead cards) prior to placing your bet

In my opinion, Bitcoin Internet Poker and Sports Betting are tied for best, and Blackjack is after that.  Everything else is purely for entertainment.  Lottery has the worst odds, but gives some people a reason to get up in the morning.
24  Economy / Gambling discussion / Re: Is Bitcoin the future of online gambling? on: August 08, 2016, 02:44:30 AM
The potential advantages of Bitcoin internet gambling include

  • lower rake than brick and mortar establishments
  • lower payment processing fees than credit cards
  • much more anonymous than credit cards
  • potential tax advantages for winners
  • much easier access for players in prohibited jurisdictions
25  Bitcoin / Bitcoin Discussion / Re: Credit Suisse Identifies 8 Barriers to Blockchain Adoption on: August 07, 2016, 06:38:31 PM
This is significant:

  • Credit Suisse has been one of many financial establishments that have called for the development of blockchain-based financial systems
  • The blockchain is increasingly recognized as the most significant technical innovation of bitcoin
  • Bitcoin is the most developed system predicated on blockchain
26  Economy / Gambling discussion / Re: ONLINE GAMBLING WILL BE BANNED IN THE PHILIPPINES on: August 06, 2016, 09:27:59 PM
Filipino poker players are some of the best I have seen.  Seriously.  They pay close attention to what is happening, and they usually sense when an opponent is holding a strong hand.  And that is about 90% of what is necessary to be a winning player.  But right now, President Rodrigo Duterte is tightening the screws.

27  Bitcoin / Bitcoin Discussion / Re: Kim Dotcom utilizing Bitcoin with 'BitCache' for Megaupload 2.0 on: August 06, 2016, 08:05:01 PM
When I gotta send files across the globe ...
I use MegaUpload


On my list of the coolest videos ever produced
https://www.youtube.com/watch?v=CPEwa57Q-YQ

This is how it is done.
28  Economy / Gambling discussion / Re: When gamble small amount i win and when i gamble big i loose. on: August 06, 2016, 01:35:32 AM
When gamble small amount i win and when i gamble big i loose.

If you believe that, then you should only make small bets.
29  Economy / Gambling discussion / Re: Gambling has killed me (money vanished) on: August 05, 2016, 11:50:53 PM
For skill-based gambling at least, we have observed that people from a wide variety of backgrounds and experience who develop most of these characteristics in themselves, win at a higher rate than people who do not develop these characteristics:

  • Methodical
  • Observant
  • Creative
  • Disciplined
  • Focused
  • Prepared
  • Fearless
  • Aggressive
  • Ambitious
  • Emotionally Controlled
  • Adaptable
  • Patient
  • Optimistic
  • Energetic

30  Economy / Gambling discussion / Re: Do winning and losing gamblers have different personalities or habits? on: August 05, 2016, 08:47:19 PM
The hypothesis is now that we can condition players to take actions that are statistically more likely to result in winning.  We are getting better at it.

31  Economy / Gambling discussion / Re: Is Online gambling with bitcoin legal in USA? on: August 04, 2016, 10:02:20 PM
Gambling with real money and bitcoin is not illegal for the player in USA.  Payment processing of real money by vendors is illegal in the USA.

I believe that is absolutely correct.  
32  Bitcoin / Bitcoin Discussion / Re: Mimblewimble Paper Proposes ‘Near Complete’ Bitcoin Anonymity on: August 04, 2016, 09:51:21 PM

the easier solution is just to move funds to a new address and then anyone watching you doesnt know if its still you or someone else you made a payment to.


Yes.  For most users, this is all that is necessary.  And some users improve on it slightly by sending the big chunks to multiple smaller chunk addresses, of random "payment" sizes, at different times.  And they generally avoid reconnecting them.  Experienced users also recognize the benefits of a reliable and anonymous poker site where BTC can be deposited, and different amounts later withdrawn to different addresses, with no fees.
33  Bitcoin / Bitcoin Discussion / Re: OpenBazaar Opened , your first impressions ? on: August 01, 2016, 10:51:40 PM
OpenBazaar is the Great White Hope™ of Bitcoin.  If you have been waiting for a Bitcoin app that could (eventually) motivate the unwashed masses to buy and use Bitcoin, this is the most likely one to someday do it.  It works (which is a minor miracle), but it needs some usability improvements, and it must have secure encryption built-in before it can reach its full potential.  But when that day comes, the price of Bitcoin will steadily increase as more people use it.  Anyone will be able to buy and sell anything, without restrictions, with no fees.  There is no server that can be shut down.  People will stop what they are doing, in order to find out where and how to buy Bitcoin.  Free news coverage and social media buzz.

34  Bitcoin / Bitcoin Discussion / Re: Bitcoin is for criminals - Or so they say. on: July 26, 2016, 10:29:41 PM
I hear you.  I am pro-choice on TOR.  If you don't mind your ISP knowing that you own Bitcoins and are affiliated with a certain site, that is understandable.  The issue is much more than that.  They have a permanent record of every search you have ever conducted on the internet.  In some locations it is risky to allow them to have that information.  Financial, political, employment, marital, child custody, social.  The company, as well as individual employees, and ex-employees.
35  Bitcoin / Bitcoin Discussion / Re: Carry empty paper bitcoin wallets with you on: July 26, 2016, 05:13:29 PM
Don't give away Bitcoins.  Give away Bitcoin wallets.
36  Bitcoin / Bitcoin Discussion / Re: Bitcoin is for criminals - Or so they say. on: July 26, 2016, 05:09:56 PM
we better be ready by then with a very anonymous and robust Bitcoin (this means small blocks, tor support, confidential transactions, schnorr signatures for default coinjoin

Yes.
Watch out for your own ISP.  We need TOR support.
37  Economy / Gambling / Re: Best ways to get some Whales under you? on: July 25, 2016, 08:29:01 PM
Actions always speak louder than words.
38  Bitcoin / Bitcoin Discussion / Re: EU Commission proposing Central Database of Virtual Currency Users on: July 25, 2016, 08:24:55 PM
Download a desktop or mobile wallet from here:
https://bitcoin.org/en/choose-your-wallet

In my opinion, stay away from the Web wallets.  

I also recommend using TOR to limit how much your ISP knows about your activities.
39  Economy / Economics / Re: Economic Devastation on: July 25, 2016, 05:28:48 PM
I argued that faith provides the best chance of success on this front.

C'mon faith and religion can be both bad and good.

I know personally a dozen people that pray everyday to Jesus to make their lives better, but never really do anything about it, only drink alcohol.

It's only thing to have positive attitude, and have this sort of religious support on your shoulders, but it's another thing to really fix your life independently even if you are in a bad situation.

In the Health and Religion thread I looked at the data on correlations between happiness and religion. Most of the benefit is associated with the highly religious. Being nominally or moderately religious had little benefit.

Praying for divine intervention to passively "make your life better" without actively changing anything is an obvious recipe for failure. Praying for improved self discipline to affect change or for insight into how to change is far more likely to be beneficial.

For the devout and observent religious individual the odds of ending up in a situation where it becomes necessary to "fix your life" is probably much lower.  




I am late to this conversation, but I can offer myself as a example in how religion helped me turn my life around.  Without going into details for now, I took a different path (action) at a bad place, later I found that I had misread Christianity all those years...  I tried again.  Prayer turned things around absolutely for me.

My life, no doubt and beyond question, is much better than before.  In my case, I had to "fix my life" (more correctly stated: allow Him to fix it).  I do not feel that I

It might take either fierce persistence/motivation or (in my case) a new way to look at things to have a similar success.

I am even later to the conversation, and I do believe that your life is better than it was before, but that does not change the fact that it is based on superstition.  If you don't mind that, OK.

Do you believe that the creator of the universe lounges around all day receiving transmissions from the minds of the faithful? 
40  Economy / Gambling discussion / Re: Gambling should be considered as a Sickness!! on: July 25, 2016, 12:56:05 AM
Lack of self-control is a sickness.
Gambling is an opportunity.




I am sorry but I really don't see that gambling is an opportunity, I think it is only the opportunity on the other way around and the opportunity is only for the gamblers who own the house and it is not for us the gamblers as we are just destined to lose our money in gambling.

I understand.  I don't gamble against the house. I only gamble against other people (over the internet), and I look for opportunities.
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