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2001  Economy / Gambling discussion / Re: Running an online Bitcoin gambling website on: February 01, 2020, 03:29:49 AM
Don't be complacent. Don't run an online casino without permits, even you are running on cryptocurrencies. Seek advice from local personalities available that are knowledgeable of the risks and pre-requisites of running one in your local state. Also, don't rush things, and make testings to make sure your casino won't be abused and bankrupted by some strategies.
2002  Economy / Gambling discussion / Re: Crypto gambling websites need to add self-control functionality! on: January 31, 2020, 10:57:59 PM
It's a good addition, even just a simple reminder would do. But the thing with gambling sites and operations is that they are also a business, and they want more profit, and thus, they lure you to this swirling trap of addiction that is difficult to get out off.

The practice isn't just used in online gambling, but also in traditional casino gambling, where the ambience is set to hype you up and forget about time cycles. Same idea, just different execution.
2003  Economy / Exchanges / Re: Exchanges are now potentially banning btc sent to a mixing/conjoin services on: January 31, 2020, 12:50:44 PM
Seems like part of their KYC and AML regulations. And while it's good for detecting suspicious activities, smaller amounts shouldn't been filtered out.

However, one problem in this method is that a criminal could just split up his withdrawals on smaller amounts, therefore bypassing the threshold at which the withdrawal is blocked.

One basis of exchanges for blocking transfers to mixing services might be the total amount of holded Bitcoins of an account.

Whichever case it might be, just send it first to your own wallet, then you can freely send it to the mixing service. You'll just sacrifice a few fees, but knowing you have more than enough bitcoins, it wouldn't really hurt your wallet.
2004  Economy / Gambling discussion / Re: Fish arcade on: January 31, 2020, 02:24:30 AM
    Do you know that this is a gambling section?! In most countries gambling is legal for +18!
Here in my country, there are more adults playing a fish game on arcades than those younger individuals. It might depend on the culture, but arcades here are sometimes more visited by adults rather than children.

It's sometimes like in a table pool with a screen, with several players at once. Don't limit an arcade game to a specific age group, some adults do it as their hobbies, how childish the game might look like.
2005  Bitcoin / Bitcoin Discussion / Re: 2020 the year of Bitcoin technology getting accepted by governments on: January 31, 2020, 12:07:45 AM
People talking about BTC is just looking another hype bubble, not true adoption. What we need is for them to actually use it.

Blockchain, while baing a secure system, does not outperform centralized databases, and is not always a viable option for businesses to use. It requires more processing power, and therefore more cost, because of intensive cryptographic hashing and chaining.
2006  Bitcoin / Bitcoin Discussion / Re: John McAfee called BITCOIN as a Shitcoin! on: January 29, 2020, 11:32:52 PM
I don't really know what's got into this man. All what he's saying doesn't make any sense. Previously, he was so bullish into Bitcoin and now, he's having a complete turnover.

Less security isn't really a fact. Bitcoin has been up for a significant decade, and just proves that it has been resilient to attempts to its network. Unlike other shitcoins that are only living through hype, with no utter sense.
2007  Economy / Gambling discussion / Re: Quick Survey: why do you specifically use crypto to gambooool ? on: January 29, 2020, 10:05:38 PM
More privacy through anonymity, makes it a less worry to have your transactions recorded elsewhere that might bring some concerns later. Having the ability to gamble without such surveillance is a breeze.

Aside from that, transfers on crypto-wallets are much faster, with lesser fees, than traditional banking.
2008  Economy / Services / Re: [OPEN] 🔥🎲Luckydice.com Signature Campaign🎲🔥 - ⭐ Senior, Hero & Legendary ⭐ on: January 29, 2020, 02:19:16 AM
Bitcointalk Name: blckhawk
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2009  Bitcoin / Bitcoin Discussion / Re: A Clue On How to Make Your Own Bitcoin Seminar/Meeting on: January 28, 2020, 01:59:20 PM
In summary, talk like in a normal conversation. This would make it more understandable to those who still doesn't know about their existence. This would effectively introduce them the power of financial freedom through limitless transactions not bound to any geopolitical restrictions.

Though I quite disagree on the part where you said 'he can travel the world without worrying about money'. Remember that services are still mostly available on fiat, and fiat-crypto conversions are volatile.
2010  Economy / Speculation / Re: It's over $9000! on: January 28, 2020, 01:05:55 PM
$9000 seems to be our new support level, but there is still quite high trading activity and volatility, though it looks like $9k is where people buys in to the market to back it up.

$9,200 seems to be quite attainable, seeing that the pumps on the market lately ranges from $200 to $300. We might hit another bubble then crash back at 9k though, like what happened last time when we hit 9k and it backed down once more.
2011  Bitcoin / Bitcoin Discussion / Re: On most altcoins disappearing on: January 27, 2020, 11:49:09 AM
If you're talking about shitcoins, they are mostly forgotten, and their disappearance on the market won't cause much effect on the prices. That's why they're called shitcoins in the first place.

But if you're including top altcoins like Ethereum, then it won't do much good either, as Ethereum has disadvantages over Bitcoin. If Bitcoin alone can't overcome its own problems especially in scalability, then a newer tech might come into play, or it won't just grow.
2012  Bitcoin / Bitcoin Discussion / Re: Opinion: PoW Will Always Be Criticized for Inefficiency on: January 27, 2020, 06:29:58 AM
Aside from its high energy consumption due to racing rigs, a lot is lost in these orphan blocks. The whole article is a good read, and well made to be understood even by beginners.

PoS seems to be a good contender, and would be faster than the slow PoW. You may say it is criticizing, but it's also aimed to improve our current consensus algorithms.
2013  Bitcoin / Bitcoin Discussion / Re: Pet shop want to become a bitcoin exchange? on: January 27, 2020, 03:13:27 AM
Still depends on the market you are in. Though most likely, your vicinity is not familiar enough to use cryptocurrencies, and so you will have a very little market actually paying using cryptocurrecies.

It may be more feasible if you are doing it alongside a great promo, to encourage customers to pay using crypto and boost first its popularity.
2014  Bitcoin / Bitcoin Discussion / Re: New Body Of Control? on: January 27, 2020, 01:57:37 AM
It's either we would be decentralized for some years, or the governments would take action and still regulate and establish the value of a single Bitcoin (assuming there would be no fiat to base the value of BTC).

Complete financian freedom would also mean illegal activities are more difficult to trace and eliminate.

If they want to take control, they must've hoarded enough to continue their operation as a governing body.
2015  Alternate cryptocurrencies / Altcoin Discussion / Re: Japan reportedly working on a proposal to issue a national digital currency on: January 26, 2020, 09:38:21 AM
Why are they afraid of the digital Yuan?

Also, this digital national currencies are not guaranteed to work on a blockchain. And if they does, they might bring a slight pump to Bitcoin, but that's just it. First, they're a separate, considerably an altcoin of sorts, run by the government. Second, they're regulated and centralized, contrary to what most users here want (anonymity).
2016  Economy / Speculation / Re: Corona Virus will Impact the price of Bitcoin ? on: January 26, 2020, 07:54:58 AM
Can you think of any correlation? I think not.

A crisis won't always affect economic markets. The previous world war 3 commotion is more plausible idea, since when such war is happening, economic markets come to a halt and crash, and therefore it is sensible to conclude that people would actually look for alternatives.

But for this case, it's too different to affect the market, more especially the Bitcoin. First, it's still local. Second, people are focusing on avoiding being infected rather than finding alternatives to store their money.

Don't treat every crisis as it would affect the markets.
2017  Bitcoin / Bitcoin Discussion / Re: Bitcoin fraud victim,75, loses £11k in life savings! Secure your BTC just now! on: January 26, 2020, 03:55:27 AM
She sent £11,000, but not in Bitcoins. The scam was made only using the name of Bitcoin, telling that it produces high returns. Basically, the woman was just blinded by greed to making more out of her savings.

The internet is a dangerous place especially for those who don't know about these type of gimmicks, especially on advertisements. Especially the elderly, they think that everthing on the internet is legitimate.
2018  Bitcoin / Bitcoin Discussion / Re: Do they accept bitcoin in your country embassy? on: January 26, 2020, 02:48:12 AM
In my country's embassies? Probably not. If a country's government does not approve of cryptocurrencies, it won't make sense if their embassies would. Though in my country's case, they're neither against it or approve it, and it seems like they are disregarding it.

Adoption in institutions like these might be helpful, but an embassy does not really need an alternative way of payment as such.
2019  Bitcoin / Bitcoin Discussion / Re: Elon Musk finally weighs in on Bitcoin in a longer than usual commentary on: January 25, 2020, 08:20:26 AM
A link to the video would be better.

Anyways, he is just saying the facts. Bitcoin is still used to pay illegal transactions that are hard to trace and identify. It does still make its objective, to be an alternative to cash system, but the way it cannot scale that much, and these shady transactions using the Bitcoin as a tool, is true and we cannot do much about it until all exchanges are subject to regulation and KYC. Which is where the dilemma comes in.
2020  Bitcoin / Bitcoin Discussion / Re: So...Is Bitcoin the ultimate coin that does not need more development? on: January 25, 2020, 05:23:21 AM
There is a lot of room for improvement. From its slow transactions, to power-hungry PoW system, and all these scalability problems. There's nothing that does not need more improvement, we always seek, and must always do, and does not become stagnant.

Altcoins are there in hopes of becoming the better version of Bitcoin. Though being the better is always subjective, it does bring this point, we always need to improve.
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