^^^ People complain more about free stuff than not getting anything, it's the weird way of the world. Get undeserving welfare and people complain, get no welfare and there's less complaining.

Anyway, I'm still a little hurting from last week, didn't get far up weekly wager and now wondering if it's too late or bad call to try make it a bit higher with the time left. I hate losing more than I planned but also hate missing out on targets lol

Q4 2022: Signup-less feature: We plan to make macaw a complete streamlined lightning experience, meaning all our games will be playable and fundable without the need to sign up to a user account.

thats the promotion, the hype, the hope. .. but please! actually run some scenarios without the pompus utopian best case scenario attempts

actually work it out and see that there are some work arounds but what those work arounds also cause

EG if a route has bad liquidity they then say the work around is for people to open up more channels for other routes. but that ends up with more liquidity needing to be locked up. or dividing peoples value down to have it shared across multiple channels. again causing issues per channel

also again. there is the issue of the hops = X * hops. just to process X
where by running a scenario of the utopian promise of LN being the service everyone uses instead of everyone using the blockchain.
take that down a few notches and say just 1M of coins is locked from an exchange and every one is X hops away.
how much is needed at each hop to also be locked and how many hops is then the distance limit before all 19m coins need to be locked just to satisfy the requirement of the exchanges 1m pegged amount then able to reach customers Y hops away.

add it all up. see and find the real limitations. and the real issues. observe the bad and dont just dream of the utopia

you might want to observe that exchanges do high volume trade and alot of cold wallet to hotwallet movements. so even a few hundred BTC is not a reserve problem for an exchange to lock to a coldwallet for months as their LN stash post peg. most exchanges have hundreds of thousands of coins in cold wallets.. so their reserves are not the problem

however it remains the issue of the routed hops within the network. the more that goes in the more multiples of that is needed just to supply those .. "other people payments" stuff

if LN acolytes/devoted users were wishing to actually have a good network. they would be prepared to actually observe, analyse and bug find issues.. instead of the head in the sand or in the clouds approach i always see

they would not fear making reports about the 'event success rate' of varied amounts. or model the scale of the network of average channels per node and nodes per network and average hops to reach the first 10% of participants, first 50% of participants and the majority 90% of participants..
(bitcoin devs didnt have this fear when they did their block propagation time trial reports)

but nah, LN acolytes fear observing the network and running scenarios, bug finding or actually looking outside the hype.

but hey,
if you want to stay in bliss and avoid stuff, then you will always be left questioning things and blaming it on an egg or a chicken. never realising the more eggs they make the more chickens they make.. chickens that are afraid of everything, and just hop around and never learn to fly.. oh and become very easy to pluck and roast

Positive declarations about crypto will encourage citizens to adopt Bitcoin. We need to understand that Fed is not likely to make massive steps towards adopting Bitcoin. Even if they might make plans secretly about hoarding Bitcoin as it might become a global reserve currency, they won't disclose it publicly - you don't want other countries to accumulate at these low prices, don't you?

I'm not sure about laws and policies, but I think the government should announce if tax payers' money goes towards stacking, crypto right?

I just noticed that Blackjack.fun has a new promotion in there announcement section on the casino homepage. Vote for the winner on weekly wagering contest and you will get 20FS if the user you vote win the contest.

Procedure: Just visit the Weekly Wagering Contest Leaderboad and click the name of the user that you want to win. There will be a “vote” button once you click the username.

Let's see how this latest prediction plays out 


Currently on Day 5 out of 30. The dumbest thing about this "guaranteed" prediction is that Bitcoin can easily spend 1 month above $20K, reach $30K, then drop lower at the end of the year 

As naive predictions go, this is up there. It completely ignores that Bitcoin can have a dead cat bounce, for multiple weeks even months, before going back below $20K.

Don't be silly! I won't be remembered for anything at all. When the dust settles there will be so many others that will have much more memorable reputations than I

run some scenarios. you can do it for free with a pen and paper or excel

take bitfinex lnd0 with ~11% of the LN network cap (~460btc)

its not the fact that they are putting 460btc at risk into a contract. its the fact that if they had 460btc 'demand' to have withdrawals for people say 10 'hops' away. the liquidity needed on the network to make payments becomes more then the entire capacity of the network

run the scenario (rounded to 450, for lazy math/display)
from
BFX{450:0}H1{450:0}H2{450:0}H3{450:0}H4{450:0}H5{450:0}H6{450:0}H7{450:0}H8{450:0}H9{450:0}H10
to
BFX{0:450}H1{0:450}H2{0:450}H3{0:450}H4{0:450}H5{0:450}H6{0:450}H7{0:450}H8{0:450}H9{0:450}H10

just to move 450 from BFX to H10 level channels requires the whole network to have liquidity of 4.5k
thats 4.5k just to fulfil payment needs of just 450

i hope you can atleast 'observe' and acknowledge this basic LN concept: that say(for one example)  hop3 people not using their channel just for themselves(their own personal payment) but instead having their funds used by others..


and after that. Hop3 level people (for one example) have nothing spare to pay hop4,5,6,67,8,7,9,10 because its already used up by BFX

do you 'observe' yet?

aside from that are the MANY variables and flaws that are involved where not all hops have the equal amounts to even be able to fulfil payments.

but if you can first understand the liquidity concept. then you can move onto deeper scenarios of other problems large institutional services face.. and you might then be able to 'observe' why the el-salv chivo service dropped LN late last year just months after trialling it

Pragmatic and Nolimit slot are currently the best Imho on the list of available provider on Blackjack.fun. ITERO is from hacksaw gaming which is not available in our casino but we can request this and admin will add this if they see a demand for it. There’s no specific content of Version 3 update but having a demo on slot is good suggestion btw.

Guys todays free spin is on Desert Treasure slot game. Good luck!

Ahh. I thought this generation is naughty and have bad habits like gambling, but I was the damn wrong. Rather it is happening since centuries ago and we are only taking it forward.  

Interesting basic overview. Quite frankly, it is very likely that gambling is as old as life itself. If you consider animal behaviour, everything is about gambling and the stake is usually life itself or even the right to reproduce, feed or a territory. Many animals frequently have to "bet" on a decision in the sense that they choose to fight or flee, confront a rival or leave it to see another day, etc... For humans, no difference... life is a gamble.

https://coingape.com/big-boost-for-cryptocurrencies-as-us-fed-panel-gives-its-nod/
Sensational Push For Cryptocurrencies As US Fed Panel Gives Its Nod
"In a surprising development, a panel of speakers hosted by the U.S. Federal Reserve had on Tuesday gave a big boost for the cause of cryptocurrencies. They recommended that crypto assets be allowed to flourish in the U.S. economy as it would further strengthen the dollar’s status. The Fed cryptocurrencies discussion gave rise to some interesting observations."

What opportunity costs? At the moment it's a pretty good time to open new channels, since Bitcoin is so cheap. Let's see if we can keep up this rate when Bitcoin hits all-time-highs; I'm curious to see if there is going to be any correlation.

when?.. if! LN devs ever fix the liquidity problem of routing..
.. many exchanges have played with LN and found the problems and backed off.

even el-salv 'chivo' backed off from LN and moved to a custodial exchange platform as the back-end instead of an LN hub system, they had many problems with users trying to get routes and channels along routes that could move funds without bottlenecking or close-rebalance-open to try to just pay someone

here you can see very nicely how the lightning network has grown by 140% in the last 365 days - currently there are almost 4000 (3940) Bitcoin in lightning

I think that LN will be much more in demand in the cryptocurrency gambling industry when the entire cryptocurrency market goes into a bull cycle. 

Then the rates of cryptocurrencies will grow and bitcoin and all altcoins too. And accordingly, all commissions for transactions will grow.  And starting at some point, when the rates of cryptocurrencies become large, many players will notice that spending on transaction fees has already become too large.  And the player should quickly master LN and start saving seriously.  By this time, cryptocasinos, of course, should consider the possibility of using LN in the work of these casinos.  And at the right time to announce it and then increase the number of players.

It is highly impossible the Bitcoin Dead headline to happen because of the current population involved with cryptocurrency is huge enough to withstand this negative sentiment.  The present price crash is normal for a bear market.  Aside from that since Bitcoin is highly volatile, it is not impossible to see a huge % being chopped out of its price.   We just need to have patience and watch on the sideline as the anti-Bitcoin party fud the market, then when the price crash, we can just buy to take advantage of the Bitcoin sale. And wait till the market recovers.

Honestly, I'm not sure why you are so glad about such decision! I agree with you that there may be so many abusers but this is not a reason to stop such a good campaign. I hope live casino will reconsider their decision and only take valuable criticism into concideration.