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2121  Local / Polski / Re: Binance vs FTX on: December 31, 2022, 01:06:49 AM
...
Tak jak napisałeś. Całe środowisko podłapało to tak samo "od razu pojawiły się pytania co z BNB, a także innymi tokenami giełdowymi" a fakt jest taki, że zagrożone są nie tylko tokeny giełdowe a wszystkie tokeny włączając ETH! Mimo tego, że ETH było już rozpatrywane przez SEC ale, uwaga, przed MERGE. Teraz posiadacz ETH ma bezpośredniu udział w tworzeniu bloków i w partycypacji w zyskach platformy. Więc nie tylko zarabia na rośnięciu ETH ale też ma regularnie wypłacaną dywidendę.

Ciekawe, że wszyscy pomyśleli tylko o tokenach giełdowych. Czyżby tylko one stały za realnymi zyskami firm, które je wydają? Pozostałe stoją za "pustymi pudełkami" z naklejką "kiedyś zmienię świat" więc nie kojarzą się w najmniejszym stopniu z papierami wartościowymi?

ETH można wybronić tym że samo posiadanie ethereum nie gwarantuje udziału w nagrodach za walidację bloków bo tak naprawde dostajesz nagrody za prowadzenie noda, nie za sam fakt posiadania ethereum. Wymagany depozyt to 32 ETH i, jeśli sie nie mylę, przy stake'owaniu solo udział w nagrodach nie jest proporcjonalny do posiadanego depozytu (tzn. dostaniesz tyle samo czy masz 32 eth, czy np. 50 eth).  Oczywiście inaczej to wygląda przy stake'owaniu w poolah czy na CEXach.
Dodatkowo sieć Ethereum jest zdecentralizowana i cena tokena nie zależy od wyników finansowych żadnej organizacji.

Otwarty atak SEC na ETH czy na tokeny giełdowe jest/byłby nieco dziwny bo crypto oparte na PoS czy tokeny giełdowe istnieją już od bardzo dawna przy cichym przyzwoleniu SECu.

Ja osobiście postrzegam SEC bardziej jako narzędzie do działań politycznych w szerzej pojętym interesie USA, niż jako instytucji której nadrzędnym celem jest ochrona inwestorów. Dlatego nie spodziewam się żadnych konkretnych deklaracji co do tego czy ETH jest, czy nie jest "security" - bo wygodniej im stać w rozkroku z bacikiem nad głowami i czekać jak sytuacja się rozwinie.

Atak na BNB jest o wiele bardziej prawdopodobny w ramach rozgrywek USA Vs. Chiny (wg teorii że Binance powstał i rozwinął sie dzięki wsparciu chińskiego rządu). Nie sądze żeby Amerykanie byli specjalnie chętni pozwolić Binance'owi na przejęcie kontroli nad światowym rynkiem krypto.

2122  Economy / Gambling discussion / Re: Betting strategy question on: December 31, 2022, 12:07:23 AM

What I'm trying to say is what would be the point of asking for such an exercise if you're just allowed to bet once then nothing?  It would be pointless talking about EV if you're just allowed to bet once.

This is just a simplified, easy-to-understand example of a potential real-life scenario, such as e.g. a sports bet with miscalculated odds (as mentioned in the discussion somewhere above), where you don't have any guarantee that a similar opportunity would happen ever again.

EV in gambling is the amount of money won a certain bet makes on average.  'On average' is a key phrase here as it means it isn't just making one bet.  It's about taking these +EV spots as much as possible and coming out ahead in the long run.  And it shouldn't be from a small sample size either, it should be from a large sample size to even things out and minimize variance from the equation.

It should be a repetitive bet over a large sample to achieve this...

EV = (83% x -BTC1) + (17% x BTC11) = +BTC1.04

The EV formula presented is widely used in many areas, not only in gambling (i.e. as a business decision-making tool), and does not only work when you have an unlimited number of attempts and does not represent a guaranteed outcome.

But yeah, if you want to see +BTC1.04 average profit on each bet, you'd need to be able to place an unlimited number of bets. But that's not what this thread is about.

2123  Economy / Service Discussion / Re: 📝[Discussion topic] Overview of Bitcointalk Signature-Ad Campaigns📝 on: December 30, 2022, 11:21:00 PM
It's probably would be best if managers themselves would tell what's their stance on it. We can only speculate. Personally, I think it's not big deal. It's inconvenience for managers if users who applied to that campaign got accepted into another. But probably not the major one.
...

I agree, if it's a major problem for campaign manager, they could just add an extra rule in the campaign post. But I vaguely remember from the past that some managers would auto-disqualify applicants who applied for other campaigns simultaneously. I was away from this forum for a few years so just wanted to check if there are some unwritten rules nowadays.

2124  Economy / Micro Earnings / Re: FreeBitco.in-$200 FreeBTC🏎Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: December 30, 2022, 01:17:57 PM
Hello! For the tenth day now, there has been a problem with the freebitcoin website. The site is often unavailable on the home Internet, but at the same moment it is available from the mobile Internet, from another provider, and the site is also often unavailable via wi-fi from the home provider, other sites work on the home Internet at this time. turned this question to the provider of the home internet - they answered that they do not block any sites. Please help me figure out what is the problem? For the tenth day now, the freebitcoin site either works or not on my home Internet Sad

Works fine for me, so it has to be something on your end. Try the usual - clear cache and see if it helps. If no luck, try a different browser, I use Brave and occasionally I have problems with some websites not loading properly or at all, but freebitcoin is not one of them.
2125  Economy / Gambling discussion / Re: Betting strategy question on: December 30, 2022, 12:48:15 PM

Just an update for those interested. I knew there must've been some formula for determining bet size and I wasn't wrong. The good old Kelly Criterion could be helpful here (something I completely forgot about) and the formula goes:

f = p-(q/b)

f - is the fraction of the current bankroll to wager.
p - is the probability of a win.
q - is the probability of a loss (q=1-p).
b - is the proportion of the bet gained with a win

So in this case:

f = 0.17 - (0.83/11) = 9.5% of the bankroll

That's much lower than I expected. And of course, applying Kelly Strategy is not a guarantee of making a profit, and the strategy is designed to do better than other strategies in the long run, so not necessarily the best way of determining a single, non-occurring bet.
2126  Economy / Service Discussion / Re: 📝[Discussion topic] Overview of Bitcointalk Signature-Ad Campaigns📝 on: December 30, 2022, 12:50:08 AM
What's the current consensus on participants applying for spots in multiple campaigns at the same time?

Is it frowned upon or acceptable?

I could argue both ways:
From the managers' perspective - it's probably a major inconvenience if accepted participants are actually not interested as they went with a different campaign.
From the participants' perspective - applying for one at a time could mean available spots in other campaigns can run out while they're patiently waiting for a response from campaign manager (which can take ages, or they could not respond at all) - which also doesn't sound very fair.

Thoughts?
2127  Economy / Service Discussion / Re: Overview of Bitcointalk Signature-Ad Campaigns [Last update: 25-Dec-22] on: December 30, 2022, 12:30:40 AM
Looks like the Hunnyplay campaign was re-launched with updated payment rates. That's a significant pay cut compared to original rates, but still quite decent.
As per the description, it's OFNP but only if some of the currently accepted participants decide to leave. Edit - it's now CFNP.

Source:

Please pay attention!
Hunnyplay team decided to adjust the per post reward until they integrate their btc payment system. It's also testing and tweaking the advertising budget to sustain long term too. If you agree with the new payment system then please post your current post number (for the current participants) and new applications will be considered too if any of our current participants decides to leave the campaign.

It means, the campaign is OPEN to fill all the slots it currently has.
Good luck.

Campaign rewards
Legendary members: $4 per post up to 25 posts each week
Hero members: $3 per post up to 25 posts each week
Sr. Members: $2.40 per post up to 25 posts each week
Full members: $1.60 per post up to 25 posts each week
Members: $1 per post up to 25 posts each week


This new pay rate will be applicable from 30th December 2022

Legendary members: $2.40 per post up to 25 posts each week
Hero members: $2.00 per post up to 25 posts each week
Sr. Members: $1.60 per post up to 25 posts each week
Full members: $1.20 per post up to 25 posts each week
Members: $0.80 per post up to 25 posts each week
10% bonus for providing support on Hunnyplay Ann thread in absence of the forum representative.


2128  Economy / Services / Re: [OPEN] Betnomi.com | Signature Campaign | Up to 0.0025 BTC/W on: December 29, 2022, 11:30:12 PM
Hey icopress. I'd like to apply for a spot, for both signature + avatar (whichever's available):

Username: pawel7777
BTC SegWit Address: bc1q79vqvnghljgu926g7gtuhnncq560kc24cur43t


I'll wear the signature/avatar once accepted.
I will edit this post and cross out the above if accepted spot in another campaign.
2129  Economy / Services / Re: [OPEN] Neodice.com | Signatute Campaign | Up to 0.0025 BTC/W on: December 29, 2022, 11:30:06 PM
Hey icopress. I'd like to apply for a spot:

Username: pawel7777
Current post count: 4700 (incl. this one)
BTC SegWit Address: bc1q79vqvnghljgu926g7gtuhnncq560kc24cur43t

Note: I also applied for another campaign run by you here, so if accepted in one of the campaigns - ignore the other application.
Please let me know if accepted and I'll update my signature and avatar.


2130  Economy / Trading Discussion / Re: copytrading on: December 28, 2022, 07:16:48 PM
Hello, what platform do you recommend to do copy trading that you can start investing with less than 100 dollars? I understand that most platforms require a minimum of 100 to do copytrading, right?
are there any other options besides bingx to start with less than 100?
And some tips to choose the best traders?

Hello, what platform do you recommend to do copy trading that you can start investing with less than 100 dollars? I understand that most platforms require a minimum of 100 to do copytrading, right?
are there any other options besides bingx to start with less than 100?

Not to sound rude or anything, but if you can't scrape together a $100 maybe you shouldn't be thinking about investing just yet and instead focus on developing skills to increase your earning potential. Just saying.

That being said, I think eToro allows deposits of less than $100, I think the minimum was $10 (depending on your location and deposit method) but not sure - but might be worth checking. And remember that majority of traders on such platforms would lose money.
2131  Bitcoin / Bitcoin Discussion / Re: What if the government of a country is irresponsible? on: December 28, 2022, 07:07:31 PM
I don't see this as being irresponsible. El Salvador has added bitcoins to their balance sheet for a couple of years now and other countries doing so would only make Bitcoin more popular among their citizens and grow adoption.

I wouldn't necessarily put this one up as a good example. I have some sympathy for Bukele, but so far, the decision to purchase bitcoins at an average price of around $31k was not a good decision. He would get praise if bitcoin shot up, so, on the same token, he should be to blame if the bitcoin price takes an adverse direction.

There's a big difference between having the balls to take risks with your own funds and wealth and risking someone elses' funds (aka taxpayers' money) pretty much without any responsibility in case of loss.
2132  Economy / Gambling discussion / Re: Betting strategy question on: December 28, 2022, 06:26:52 PM
...

I think by asking if somebody should take the bet in your hypothetical scenario, it misses the point of why we should take spots that are +EV.  It wouldn't really matter if you're just allowed to be in a +EV spot just once then nothing.  It's all about the long run and taking on enough of these spots to make some profit.

But if you're just asking for the sake of asking..?  Sure, why not, it's like a value bet for a mispriced underdog spot in sports betting.

Not sure if I understand you correctly. Of course it does matter (a lot) if you only have one opportunity of making a single +EV bet. If you could do it multiple times then it's a no brainer - absolutely everyone would take such chance.

But when there's no guarantee that similar opportunities will ever arise - that's a whole different story, after all, you are still more likely to lose than to win, so there's also a logic behind not taking that bet.

As mentioned in the posts above - I'd be definitely in favour of taking a bet, but not sure what would be the most sensible approach in determining the right stake for it (or for mispriced underdogs in sports bets).
2133  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - 🦉 Drake, UFC, Everton Main Partner ⚽ 🥊 on: December 28, 2022, 09:42:48 AM
Quick question - does the affiliate program also work for UK sign ups? They would sign up to Stake.uk.com rather than Stake.com, which doesn't seem to support cryptocurrencies at all, doesn't have an affiliate program, and credentials from "uk.com" do not work on ".com" site, so almost looks like they're separate sites.
2134  Economy / Service Discussion / Re: BlockFi Bankruptcy - Creditors Thread – Updates & Help -Lets get some funds back on: December 28, 2022, 12:26:16 AM
Another update just got in:

Quote
Please find below a link to the following important document, related to the bankruptcy proceedings of BlockFi Inc., et al., Case No. 22-19361, United States Bankruptcy Court for the District of New Jersey:
 
· AMENDED Notice of Chapter 11 Bankruptcy Cases. Meeting of Creditors: January 20, 2023, at 10:00 a.m. (ET). By Telephone: Dial In - 888-946-3502 - Passcode – 5743575 (Related Document No. 129)

For additional information, and to download all documents filed in the Debtors’ chapter 11 cases free of charge, please visit https://restructuring.ra.kroll.com/blockfi.

Link to the amended notice (pdf download) here

As per info on Kroll's website, the Debtors' representative must attend the meeting to be questioned under oath. Creditors (aka BlockFi's customers) may attend, but are not required to do so.

Current number of registered claims: 728. I'm still waiting for the promised electronic version of the claim form though.
2135  Economy / Gambling discussion / Re: BOXING DAY PREDICTIONS on: December 28, 2022, 12:17:38 AM
...

I just made my bets on this 4 games, and fortunately I was able to hit each and every one of them and walked aways with some serious profit!


Pretty impressive, not gonna lie. Well done, enjoy your winnings.
Do you make such predictions regularly (I got back on this forum after a long break, so am a bit out of the loop)? If so, it might be worth looking out for them.
2136  Economy / Gambling discussion / Re: Betting strategy question on: December 27, 2022, 11:56:37 PM
Why wouldn't anyone say no to this bet? It's still 83% chance of losing the money wagered and you can't bet more than once, as stated by OP.

I would say yes only in case I could bet multiple times with the same terms (x12 profit) mentioned on this thread, applying bankroll management strategy and martingale.

If the payout was x1 million then I'm sure you'd bet at least $1 despite 83% chance of losing, right? Smiley
I'd say it would be a shame not to take advantage of the positive EV opportunity, it's just a matter of choosing the appropriate stake.

And even though, in this scenario, you can only roll once - making decisions based on cold, mathematical analysis rather than giving in to unreasonable risk aversion should make a positive impact on your wealth long-term (be it gambling or other aspects of life).
2137  Economy / Gambling discussion / Re: Betting strategy question on: December 27, 2022, 07:22:02 PM
...
 No one would really say no to this kind of bet. As long as the casino has provided positive feedbacks from previous players playing this kind of game, then I would also do the same and take the risk in betting. And the more bets I have to make, the more chances of winning. But no matter how it’s very tempting, I will also make sure that I will only bet the amount which I can afford to lose.

Obviously don't expect to see any such offer in any casino, but real-life examples close to that scenario would be i.e. incorrectly determined odds in sports betting. I think we can find it most often in MMA betting when some underdogs are given way too little chance of winning (therefore better payout rates). So the question is, what's the best method to determine the stake if you spot such opportunity.
2138  Economy / Gambling discussion / Re: BOXING DAY PREDICTIONS on: December 26, 2022, 11:10:23 AM
This year'$ Christmas festivity was awesome. I really enjoyed it. And I am going to enjoy the aftermath of the Christmas which will lead to the boxing day. Well boxing is an another unpredictable sport or game. So I won't say Middlesbrough  will win Wigan and also I can't say WWW (Wigan will win) the match.

For Rotherham vs Stoke. Stoke is a good boxer but let see how it going to be. Sunderland vs Blackburn and Brentford vs Tottenham these two matches will be an another tough matches in the night.

You're taking spamming to the next level sir Smiley

"Boxing day" is a 2nd day of Christmas and a public holiday in the UK. It's got nothing to do with boxing, the sport.
OP is discussing football matches, it's not hard to figure out if you actually read the post.

But I'm glad you can appreciate the boxing skills of Stoke lol
2139  Economy / Gambling discussion / Re: Betting strategy question on: December 25, 2022, 11:29:43 PM
It’s definitely going to be a good decision to go with the bet since the results that you could get is better than the risk you are going to take so I think it boils down into the risk management on how much you are going to bet, but as long as you are ready to lose that kind of money, then it’s best to take it.

Agree, not taking advantage of positive EV is irrational. So it boils down to how to determine a reasonable stake for such bet.
Probably a good rule of thumb would be, for a bet with 17% chance of winning, to not risk more than 17% of available funds. But that's an oversimplified approach.

...
For me your calculations are wrong, because it's not the EV of a x12 payout, but the EV of a x13 one. When you play at a normal dice, hi-lo or coin toss game you say you're paid out x2 if you win, you don't say you are paid "x1", and EV is the sum of your excepted winnings minus the sum of your expected losses, then for me the EV of a x12 payout game is :

EV = (83% x -BTC1) + (17% x +BTC11) = +BTC1.04 because if you win you get +11BTC not +12.

...

Good spot. I've corrected the calculation in the OP. Thanks for pointing this out.

2140  Economy / Service Discussion / Re: BlockFi Bankruptcy - Creditors Thread – Updates & Help -Lets get some funds back on: December 25, 2022, 01:06:54 PM
Some updates from BlockFi:

Quote
Today, we took an important step toward our goal of returning assets to clients through our chapter 11 cases. It is our belief that clients unambiguously own the digital assets in their BlockFi Wallet Accounts. As such, we filed a motion requesting authority from the U.S. Bankruptcy Court to allow clients to withdraw digital assets that are held in their BlockFi Wallet Accounts. We will be seeking similar relief from the Supreme Court of Bermuda with respect to BlockFi Wallet Accounts held at BlockFi International Ltd. This motion does not impact withdrawals or transfers from BlockFi Interest Accounts, which remain paused at this time.

In order to facilitate withdrawals from BlockFi Wallet Accounts, we also requested permission to update the User Interface to properly reflect transactions as of the platform pause on November 10, 2022 at 8:15 p.m. (prevailing Eastern Time). This is a necessary step towards ensuring all clients are treated fairly and that the User Interface properly reflects the digital assets in Wallet Accounts as of the pause so BlockFi can honor all withdrawal requests from Wallet Accounts properly if authorized by the U.S. Bankruptcy Court and, with respect to BlockFi International Ltd., the Supreme Court of Bermuda.

While filing this motion is an initial step, we will continue to work towards solutions that maximize value for all clients and other stakeholders and will share updates as quickly as practicable.

We are looking forward to discussing this motion with the U.S. Bankruptcy Court and key parties in our cases, and expeditiously moving towards a path that returns Wallet Accounts assets to clients. We expect that our request will be heard by the U.S. Bankruptcy Court at our hearing currently scheduled for January 9, 2023, at 10:00am ET. We expect that our request for similar relief with respect to BlockFi International Ltd. will be first heard before the Supreme Court of Bermuda at our hearing currently scheduled for January 13, 2023 at 10:30am AST and then scheduled for a full hearing after that on a date to be fixed.

Additional information regarding our chapter 11 cases, including court documents and claim information, can be found by visiting BlockFi’s claims agent Kroll at https://restructuring.ra.kroll.com/blockfi.Clients with questions about the process may call Kroll at (888) 773-0375 (Toll Free) or (646) 440-4371 (International), or email1 blockfiinfo@ra.kroll.com.

BlockFi

As per the embolden part - this would be great news for those who held their funds in "wallet" accounts, but I don't think the court would allow this, as it would be simply unfair to other users who held their funds in "interest" accounts (and other creditors). So I wouldn't get my hopes too high for this one.
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