Bitcoin Forum
June 23, 2024, 11:12:52 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 [102] 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 ... 573 »
2021  Bitcoin / Bitcoin Discussion / Re: Has Wired discovered the real Satoshi Nakamoto? (.. this time) on: December 09, 2015, 06:25:02 AM
Please, explain that to us mortals. What is that red descending line?

It indicates the depth of the buy orders in the market, but rotated 90 degrees from the view you see on the exchanges. The x axis is depth, and the y axis is price. The green line above it indicates the sell orders.
2022  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" on: December 09, 2015, 05:40:16 AM
However, voting on development priorities is useful, as a means for the developers to get some idea what coin owners (somewhat an indicator of coin users) think is important. No one really wants to work on things that aren't wanted.

I see your point, but I mostly add the features that I want the most. If that happens to correspond with what lots of other people also want then that's nice.

I guess probably more people use the Qt client than the command line but I don't like working on it and so avoid it as much as possible. If lots of people want a better Qt client then I expect one of them will make it happen. If not, I guess it isn't really that important, and if they do that's cool with me - it doesn't affect the client I use, or the network as a whole.
2023  Economy / Gambling discussion / Re: Ever win something big in demo mode and feel stupid? on: December 08, 2015, 08:25:11 PM
Awesome that you got 3BTC in the end(got to know about it from your feedback in the afternoon) , but you sure he wasn't trolling you by telling you could keep it right when you lost it? Lol

I did wonder that, but I lost it all very quickly, and got the email notification of the PM exactly as I lost my last couple of BTC.

I think it was just a coincidence.
2024  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: AlterDice.Com | Provably Fair Dice | 100% Custom Exchange | 12 Supported Coins on: December 08, 2015, 07:13:46 PM
I just tried betting to win 31 CLAMs, but got an error message:

  "Total worth of win is too large at btc worth of 31.00000000"

It looks like you're checking the CLAM bets against the BTC profit limits - and the grammar in that error message is messed up too.

Also in the FAQ it says that the max BTC bet is 10 BTC, but last night it wouldn't let me bet 3 BTC at 2x, so maybe the FAQ is out of date.
2025  Economy / Gambling discussion / Re: Ever win something big in demo mode and feel stupid? on: December 08, 2015, 06:53:36 PM
Wow really nice story, good person. Most people would have not resisted the temptation and would have took the money and run.

Well, I think it's a small site, and so a withdrawal of 6 BTC would probably have been processed manually - so it's not even sure that I could have withdrawn anything.

Too tempting when you are broke.

Yeah, it probably helps that I'm not broke. The temptation to steal is likely a lot stronger when you can't afford to pay your bills.

[
Mind saying what site was that or at least what game mode was it? (as in slots, dice, cards..)

It was https://alterdice.com/ - they just added CLAM to the list of altcoins they support. I only discovered their site when they posted on the CLAM thread saying they had added it.
2026  Economy / Gambling discussion / Re: Ever win something big in demo mode and feel stupid? on: December 08, 2015, 06:29:42 PM
Yeah. Just last night I was testing out a new (to me) dice site, and found an exploit on it.

I turned the 400 satoshi faucet into 6.2 BTC by abusing the bug, then reported it to the owner (without trying to withdraw, of course).

I figured he would reset my balance since it was all cheated. He paused betting, fixed the bug, re-enabled betting, but I still had the 6.2 BTC balance.

So I thought I may as well see how high I could take it without cheating, now that the bug was fixed.

I got it up to 12 BTC, then lost it all. Just as my balance hit zero I got a PM from the owner:

  "Thanks for the bug report. As a thank you why don't you keep the coins you were able to win using the bug!"

Wow I felt stupid. I thought I was playing with "play money", since I was sure he would just wipe away my cheated balance.

He ended up tipping me 3 BTC anyway, so it's not all bad. Smiley
2027  Economy / Gambling / Re: Biggest bet ever in the history of Bitcoin? on: December 08, 2015, 06:16:33 PM
What I would like to know is the smallest bet with the biggest return but that's for another thread, in fact I will make one asking this right now.

So you're asking for the highest payout multiplier?

Just-Dice has a "one in a million" chance bet, which pays out 990,000x if you win.

I think 2 people won it when playing for BTC, and 2 more won it playing for CLAM.

See https://just-dice.com/roll/929785969 and https://just-dice.com/roll/941642049 for the CLAM ones.

Both players risked 0.0001 CLAM (about $0.0001) and won 90 CLAM (about $90). But I think they both took more than a million attempts to win, so they both ended up with a net loss anyway!
2028  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" on: December 08, 2015, 05:58:55 PM
** Transaction Fee Pooling to Improve Security

* Petition Reasoning:

To add incentive for nodes to broadcast and share user transactions.

How does this add incentive for nodes to broadcast transactions rather than hoarding them? I don't see it.

Also, you were concerned in IRC that this kind of pooling removes the possibility of a fee market, since individual stakers no longer have an incentive to prioritise transactions based on fee size. I responded that giving out a bigger percentage of the fee pool would solve this.

Quote
08:06 < creativeCLAM> So, if you don't do a fee pool, then stakers can include as many bytes as they want into the chain, without cost.
08:06 < creativeCLAM> That is a security issue.
08:07 < creativeCLAM> However, WITH a fee pool, stakers have less incentive to include high-paying transaction with preference, as they are just
                      incrementing the fee-pool, not their personal balance
08:07 < creativeCLAM> ideally, you want a system with limited block space, for bloat security, and to apply market pressure on tx fees.
08:08 < dooglus> you can have an exponential decay type thing:
08:08 < dooglus> the staker gets 50% of the fee, next block gets 30%, 10, 5, ...
08:08 < dooglus> so there's some incentive to include highest fee tx's, but also some incentive not to spam
08:09 < creativeCLAM> Interesting, that comes at the cost of allowing stakers to include bits for "cheaper".
08:09 < creativeCLAM> But, it does somewhat balance the situation.
08:10 < dooglus> yeah, they get it half-price

Did you decide that the fee-market isn't important?

Chain Analytics

- It is extremely important that we have thorough and detailed data concerning the block chain and network.

It strikes me that this isn't a consensus issue, and so you are free to add it to the client any time you like. We don't need to 'vote' on this.

"Patches welcome", as we say... (or even just a github issue would suffice)

For example, I added an RPC call "getsupport" to the client last night. It counts up the support for each petition over a rolling window. I didn't think I had any need to gauge support for the feature, since it isn't consensus-changing.

It looks like this, by the way:

Quote
$ clamd getsupport
{
  "window" : 10000,
  "startblock" : 754153,
  "endblock" : 764152,
  "support" : {
    "0000cb61" : 231,
    "02fde4a4" : 3,
    "066b223d" : 3,
    "5afa074c" : 673,
    "7a69a853" : 21,
    "ea06c089" : 298,
    "ff839af9" : 576
  }
}

Doog was giving me coding 101 advice, though I am sure he has better things to do with his time. Then he fixes a competitor's site without even being asked to do it, even though he could have exploited the shit out of it for personal gain. These kinds of things restore faith in humanity all around. Thank you for being a stand up kinda guy in a sea of greedy assholes, Doog!

I earned 3 BTC without having to steal anything too! Smiley

Edit: I think Deb may be a little butthurt at your comment. I just noticed this on IRC:

Quote
17:27 < Princess> ok, i gotta get off my ass and get work done here
17:27 < Princess> and i need to drag doog away to help me with some of it
17:27 < Princess> i hope humanity will be ok without him for a bit
17:27 < Princess> ffs

While we are on the subject of your technical expertise, what is your opinion on SuperClam's proposal, from a technical point of view? Do you foresee any negative ramifications?

I think it's a reasonable idea, and don't see how anyone could object to it. It's a zero-sum change and smooths the rewards out over time. I'm not sure about the 1% number. I think something higher would help form a fee market.
2029  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" on: December 08, 2015, 11:53:33 AM
$2400, not a bad days work dooglus!

After he fixed the exploit I carried on playing and built the 6.2 BTC up to 12 BTC, then lost it all.

Just as my balance hit zero I got a PM, thanking me for reporting the exploit and saying I could keep whatever I had won using it.

What is it the kids say? fml? Smiley

He ended up tipping me 3 BTC which is better than I was expecting. (But worse than the 12 BTC I could have had).
2030  Economy / Gambling / Re: receives almost 100% from betting on: December 08, 2015, 11:49:36 AM
even betfair takes a cut. I mean without juice there really
isnt a reason to even have a site.

Of course, but they generally have better odds than traditional bookmakers, since you're betting against other gamblers, not the site itself.
2031  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" on: December 08, 2015, 10:41:14 AM
That was a really fast find, well done doog. You most likely saved the owner a lot of headache.

Yeah, I expect the bug bounty will be massive! Smiley

Also:

Quote
For every user you refer you will receive a 15% of the 1% house edge that they wager.
Also you will receive 15% of all trade fee's we collect from the same users.
Say you referral Bob, and Bob does 10 rolls of 1BTC each. No matter win or lose you will receive 0.00015 BTC per roll, coming to a 0.0015 BTC overall just for referring Bob to play here!

15% of 1% of 1 BTC per roll is 0.0015 BTC per roll, coming to 0.015 BTC over all.

The example is off by a factor of 10.
2032  Economy / Gambling / Re: BetcoinPoker.com Betcoin.ag-Big Tourneys-BONUS-Freerolls, Ring Games, Real Poker on: December 08, 2015, 10:14:54 AM
What is the point of having a thread like this if every time someone asks a difficult question you spam the same 3 posts on top of it to hide the difficult question?

Please either answer the questions or explicitly admit that you don't want to answer them. Repeatedly spamming the same out-of-date information about tournaments that already finished is annoying, ugly, and rude.

What question(s) do you want answered?  There are no difficult questions.

I'm interested to know about your parent company, and how it "overlaps" with BetCris and the WPN, as you mentioned here:

Dooglus, we have close to 1,000 players daily on Betcoin, over 100 tickets and 50-100 live chat customer support tickets daily.  Our parent company and owners overlap with BetCris and the WPN and have been in business over 16 years.

I've seen people ask about that many times in this thread, and each time they do you ignore it, and follow up with 2 or 3 long posts repeating things you have already said many times. It could look to a suspicious mind as if you are avoiding the question.

So are you willing to answer? What is your parent company, and how is it connected to BetCris and/or the WPN?

Hmm?
2033  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" on: December 08, 2015, 10:10:52 AM
Clam has been added to https://alterdice.com for betting and recently to our new exchange. Bringing us to 12 supported currencies.

That's great. I just tried the site out and was able to turn 400 satoshis into over 6 BTC exploiting a bug that a lot of new dice sites have.

Here's the relevant line from your provably fair verification code:

Code:
hashed_result   = hashlib.sha512(str(seed_server) + str(seed_client) + str(roll_number)).hexdigest()

Stringing the client seed together with the roll number like that lets me make the same rolls twice: "x1"+"2" == "x" + "12"...

(I reported this to the owner privately and he already shut the betting down to implement a fix, so don't bother trying to exploit it).
2034  Economy / Gambling / Re: Biggest bet ever in the history of Bitcoin? on: December 08, 2015, 09:29:53 AM
That's just what I learned from my expierence and the players around me as well as online. People who place higher bets got a higher chance of winning the bet rather than someone who places a lower value of bets.

It's funny because most often I hear the exact opposite:

  "I win my small bets but lose my big ones"...

In reality, of course, the chance of winning a bet doesn't depend on the size of the stake. Or at least, it shouldn't if the game is fair!
2035  Economy / Gambling / Re: receives almost 100% from betting on: December 08, 2015, 09:05:52 AM

Lets say I wanna bet for McGregor versus ALdo this 13th. I wanna bet for 0.05 btc only and if I win I get about 0.05 less the site fee.
if this what they mean here in page? https://www.fairlay.com/predict/registered/new/jose-aldo-vs-conor-mcgregor-5/

You won't get to exactly double you money - it will depend on how likely your guy is to win. If he's unlikely to win, you'll probably get better than a 2x payout if he does.

I don't know the site - I just heard about it, so I can't help further, sorry.
2036  Economy / Gambling / Re: Biggest bet ever in the history of Bitcoin? on: December 08, 2015, 09:03:01 AM
The higher your bets the higher the chances are of you winning the bet.

Huh? Why?
2037  Economy / Gambling / Re: Biggest bet ever in the history of Bitcoin? on: December 08, 2015, 08:59:37 AM
I wonder why he kept spreading out the times and not just bet it all in the same hour, wouldn't of made a difference in the end.

There's a whole ridiculous backstory around those bets. It's been told on these forums several times before, so I won't go into it again.

Here's one short telling of it:

  https://bitcointalk.org/index.php?topic=242962.msg3804386#msg3804386

Here's a much longer version, in the form of Just-Dice chat logs:

  https://bitcointalk.org/index.php?topic=1136123.msg12063296#msg12063296

Also wonder why he kept increasing his odds by a few percentages.

He had to increase the chance of winning as his bankroll increased to reduce the payout multiplier and keep his profit within the site limit.
2038  Economy / Gambling / Re: receives almost 100% from betting on: December 08, 2015, 08:47:04 AM


Just wanted to know if this gambling site already exist?
Lets say I wanted to bet on a sports match and the gambling site will serve as an escrow to whom i can bet with. in other words, we get to give equal amount to the escrow if we agreed to bet a match.  of course the site receives certain percent by acting as an escrow. 



It sounds like you are describing a betting exchange. Like a currency exchange, which matches buyers and sellers and takes a fee off the top, a betting exchange does the same, matching people with opposing views.

https://betfair.com/ is the biggest fiat betting exchange.

https://www.fairlay.com/ is a Bitcoin betting exchange.
2039  Economy / Gambling discussion / Re: What Behaviors Lead to Gambling Addiction on: December 08, 2015, 08:43:50 AM
There's a "buzz" associated with gambling, which is both exciting and scary. Chasing that buzz could lead to addictive behaviour.

I don't really understand it. I can play micro-stakes poker and feel my heart beating like crazy when I shove all-in for $5. Then I can bet thousands of dollars on a dice game and feel nothing. It's not about the amount of money involved (for me, at least) - I find poker so much more exciting and stressful than any single-player gambling game.
2040  Economy / Gambling / Re: Biggest bet ever in the history of Bitcoin? on: December 08, 2015, 08:36:41 AM
what period of 2013?

When btc was around $10 or around $1000?

The biggest bet that I have ever heard is 7k Bitcoin, iirc. I never know that anyone is willing to lose hundreds of Bitcoin even though the value of Bitcoin is very low back then.
If only he/she stop at that point, he/she could be a millionaire now!

I already posted the price when that bet was made. It was $137, on Oct 4th 2013:

the 7,016 BTC bet on Just-Dice when BTC was $137 ($961k).
Pages: « 1 ... 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 [102] 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 ... 573 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!