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2361  Alternate cryptocurrencies / Altcoin Discussion / Re: KYC process and reasons for rejection: Is crypto still fair? on: January 25, 2018, 02:52:46 PM
I'm against the whole idea of sharing my personal data to anybody but if they even rejects your ID ... that's really weird. What the point of this KYC then?

Wouldn't surprise me in the slightest if some people here will have to deal with identity theft in the near future.
It will be a long nightmare for them.

Yeah, I had also mentioned this on another thread earlier today, it's something most people don't even think about while it's a real danger.
You can never know for sure how good their security is, exchanges do get hacked quite regularly.

Though for most people, it's unavoidable if you want to trade at a popular exchange, so at least choose one that takes security serious.
2362  Bitcoin / Project Development / Re: A fantastic idea on: January 25, 2018, 12:55:51 PM
Before you do anything else, you should really talk to a lawyer and an accountant, as the previous poster also mentioned.
NDA's are fairly straightforward to write and a lawyer can help you with that.

Finding the right people to work on your project is a matter of building the right networks, either through LinkedIn or freelance marketplaces like Upwork.
Definitely hire people who have a lot of experience and have positive recommendations.
2363  Other / Meta / Re: [New] Merit System on: January 25, 2018, 12:39:28 PM
Well, something needed to happen to prevent these massive amounts of spam and nonsensical posts from flooding the forum.
I don't know if this is the perfect system, but it's at least a very good attempt to tackle the root of the problem.

I do think there also needs to be some sort of general clean up as well, so existing spammers can all start over again with a new 'unmerited' account.
The mods are probably working on that continuously anyway.
2364  Economy / Gambling discussion / Re: Shyness in gambling on: January 25, 2018, 12:22:19 PM
I have kind of the same thing with live dealers in online casinos, I don't really like the attention when I place or win a bet to be honest.
They usually call out your name when you place a bet and that's just not fun for me.

I really love my privacy when I gamble, also in a regular casino.
2365  Economy / Exchanges / Re: How do you without id/passport verification convert crypto to fiat? on: January 25, 2018, 12:07:11 PM
The only way I know about is localbitcoins. Can you recommend another safe p2p platform for trading? And what's the benefit of using paypal?
No, localbitcoins traders also asking for the ID proofs while initiating the trades if you can't provide the necessary ID the they will cancel their trades but there is no official statement on localbitcoins.com website but everyone asking to verify the ID.
But I heard that poloniex trading don't need any ID verification upto certain limit($2000 per day).So you van checkout their official website for more information.

Not all traders on LocalBitcoins require you to give them proof of ID before you can sell your Bitcoins for fiat, at least not with the sellers I'm using.
Decentralized exchanges are also an option, but I don't know which ones are the best to use.

I think it's pretty ridiculous that exchanges require verification for small withdraws to fiat and I'm especially worried about the safety of those documents.
I don't want a copy of my ID floating around on the internet so it could be used for identity theft.
2366  Bitcoin / Bitcoin Discussion / Re: how much percentage of ones savings should invest in coins? on: January 24, 2018, 03:51:20 PM
Definitely don't use all your savings for investing into a Bitcoin casino, even if it's a trusted one.
I would only invest an amount that you're comfortable losing if anything happens, you need to decide how much that is in your case.

If it were me, I'd be investing only around 10% of my savings.
2367  Economy / Gambling discussion / Re: How Was Your Gambling in 2017? on: January 24, 2018, 01:52:46 PM
I've had a pretty bad year to be honest, an overall loss of little under 1 BTC. I'm not too bothered about that and I'll probably gamble a bit less this year.
It's pretty cool that I can actually see those stats on the website I play on (Crypto-Games).

I also reckon that there's a fair bit of faucet losses in between those stats.
2368  Bitcoin / Project Development / Re: New website for website lists ICO and cryptocurrency project on: January 24, 2018, 01:22:47 PM
You're website isn't really finished, right?
There's no content when you click on a coin like Bitcoin for example.

Also, why do you list coins like Bitcoin, Litecoin etc. as ICO's? You don't even seem to list any actual ICO's, what's up with that?
2369  Bitcoin / Bitcoin Discussion / Re: Bitcoin as Store of Value - Not Sustainable on: January 24, 2018, 12:58:45 PM
You're starting with the assumption that everyone would be using Bitcoin purely as a store of value. This, in my opinion, is extremely unlikely to happen on such a large scale that it woulds massively impact the number of transactions being sent with Bitcoin.

Even if Bitcoin was mainly used as a store of value, you'd still have people using it either for short term or for long term storage.
If used for short term storage, there would still be enough transactions to pay for mining fees.
2370  Bitcoin / Bitcoin Discussion / Re: Finally Bitcoin is becoming normal on: January 23, 2018, 02:59:51 PM
Let's hope it stays this way for a while, at least it's a good thing that Coinbase has finally implemented batch transactions, that should help a little bit.
I would also suggest to anyone who can to use Segwit addresses and I hope all wallets will finally support it by default.

Also, don't just trust the fees your wallet adds to the transaction, it might be cheaper to check it manually.
2371  Economy / Gambling discussion / Re: With which coin would you like to wager in a casino? on: January 23, 2018, 01:55:12 PM
I've mostly switched over to Dogecoin and Litecoin for gambling. It's just so much faster to send a transaction and have it confirmed in less than 10 minutes usually.
Bitcoin's fees are currently going down quite a bit, but it's still much cheaper to just use ltc or doge instead.

I've never really been much into Ethereum, so don't use it that much. Never used Clam.
2372  Alternate cryptocurrencies / Altcoin Discussion / Re: Do ALL Coins always move together? on: January 23, 2018, 01:34:09 PM
Trying to sell some coins with high gains to buy some that has dipped alot, but it seems they all move up and down together for the most part.  This makes it hard to sell. Is this how it normally is?  Been trading just a month now.

Of course not, they have different fluctuations depending on the 'large or small' number of 'users or investors' behind it. In the case of a 'mutual' decrease or increase, this is usually due to sales, and purchases occurring simultaneously on each cryptocurrency or possibly a simultaneous closing of cryptocurrency exchange accounts in a country.

They have different fluctuations when the market is relatively stable, but once Bitcoin starts dropping significantly, you'll see that the value of pretty much all altcoins is tied to the value of Bitcoin.
That's not to say that you can't make a decent profit of of altcoins, like you said, there's a big difference in how much they fluctuate.

I also wouldn't say that the parallels between BTC and alts are due to buy or sell orders happening simultaneously, that's an effect, not a cause.
If the Bitcoin value drops, altcoins also become less valuable since they are traded in Bitcoin, thus their value in fiat also drops.

Go check the BTC charts on coinmarketcap, you'll see a different picture.
2373  Bitcoin / Project Development / Re: Bitcoin Bed and Breakfast Travel Project on: January 23, 2018, 01:20:37 PM
Thanks for your answers, actually I can't share the url because it's not ready yet for public, it will be buggy,
Note that we took a simple wordpress and had to made some changes for adding currencies to the ads, we have set private message for people having privacy too,

The main goal is to have a website where people can post their ads and make a good database, in the first launch we will maybe ask people to use Coinomi Wallet or Jaxx,
Because with this we want people to understand that they can accept any currency and exchange it as soon as possible directly on the wallet app,
We want also to let people get some coins and make a portfolio even if they don't understand mining and if they don't even want to spend money directly to buy it, as the best way to gets Bitcoins today is by just accepting it,
In fact just making Bitcoin and Altcoins mainstream !

Are you sure that you can implement all the needed features into Wordpress?
Your project reminds me a lot of Airbnb, and I would think that you'd want a custom solution or at least a cms that's a bit more customizable than Wordpress.

It also seems a bit weird to focus on explaining to your users how Bitcoin and wallets work. Your customers are going to be people who already have experience with that, which is why they want to use your website to rent a home or apartment.
2374  Bitcoin / Bitcoin Discussion / Re: Swedish bank forbids 31000 employees from investing in Bitcoin or crypto on: January 23, 2018, 11:17:30 AM
I'd really like to see an accurately translated version of that article.
If this is true, I'd not be too happy working for that bank... Who are they to tell their employees what to do with their own money?

And again we're seeing Bitcoin being tied to criminal activity, if Bitcoin was a person, I'd call it defamation.
2375  Economy / Gambling / Re: ★ Crypto-Games.net ★ 10 coins ★ Since 2014 ★ 7 games ★ Jackpot ★ Highest Faucet on: January 22, 2018, 02:00:32 PM
Wrong choice of words there, abusing wasn't the correct term, but I'd still say that it probably wasn't feasible to keep paying 1% extra on those large jackpots.

maybe enabling this lottery again in the future with like 100 tickets max per user can help the situation ( if you considered bringing them back of course )

I'd probably go with 1000 tickets. With the price of BTC going 10x in the last year that would be a logical adjustment.

That would definitely make it a bit more fun and would still allow for pretty big jackpots.
2376  Bitcoin / Bitcoin Technical Support / Re: Bitcoin CLI How does one send from a specific address to another. on: January 22, 2018, 12:34:18 PM
I think you can do so by using 'sendtoaddress'.
Here's a list of all available commands: https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_calls_list (this one is more up to date, but less structured: https://bitcoin.org/en/developer-reference#sendtoaddress)

Note that I'm not a developer myself, so I might be completely wrong here.
2377  Other / Ivory Tower / Re: We need that some projects fail. on: January 22, 2018, 12:23:21 PM
The problem with failures is that they tarnish the image of the good products. Ths is especially true if they are mis-using the word Bitcoin in their product name.
Yeah but there's not much you can actually do about that. Everyone is free to use the word Bitcoin in whatever fashion they'd want.
Besides, the only people affected by this are those who are probably too inept to make use of Bitcoin anyway.

Compare it to the dotcom boom in the late 90's, early 2000's. Everyone and their mother was abusing the word 'internet' to make some quick cash, almost the same way as we see happening now.
People eventually learned that there's a difference between 'internet' and some company trying to capitalize on the name alone.
2378  Economy / Gambling / Re: ★ Crypto-Games.net ★ 10 coins ★ Since 2014 ★ 7 games ★ Jackpot ★ Highest Faucet on: January 22, 2018, 12:09:54 PM
Lottery payout change

We'll be changing payout on all future lotteries from current EV+ of 1% to 0% House edge. 100% of the money raised
with ticket sales will be paid out to the three winners.

This change will come in place from the following rounds:
  • Bitcoin lottery round 236
  • Dogecoin lottery round 118
  • Litecoin lottery round 30
  • Ethereum lottery round 88
Too bad it had to come to this, but let's hope this will make the lottery enjoyable again for most people.
I take it that *some* people were abusing the +1% thing by purchasing the maximum amount of tickets each time?

Hope that puts a stop to it at least. Now I just have to make sure that I never mention that the lottery is +EV in my next posts Tongue
2379  Bitcoin / Project Development / Re: Accept BTC / LTC / ETH directly without third party on: January 22, 2018, 12:01:24 PM
You can just use blockchain.info's API to accept payments on your website, there's a ton of tutorials on how to do it.
Though I would suggest hiring a freelancer to develop a script for you and also have that audited for security.

Here's a small tutorial to get you started:
https://www.deepdotweb.com/2017/03/28/tutorial-accept-bitcoin-payments-website/

I know you said 'without a third party', but you're going to need an API of some sort. You probzbly just don't want to use a Bitcoin payment processor like Bitpay, or not?
2380  Economy / Economics / Re: The markets are finaly stabilizing. on: January 22, 2018, 11:07:29 AM
Stabilizing ? Stabilize is a state of being firm which is not applicable on the cryptomarket, as we can see the price moves everyday, every hour and every a couple of minutes it does. It can't be stable as the market is volatile and affected by the demand and supply so its price is increasing and decreasing. Bitcoin cannot achieve stabilizing as it is decentralized in the first place.

Have you even read the original post though? It's not directly talking about price, but about other aspects of Bitcoin which are in fact stabilizing.
And what you're saying about volatility isn't really the case either, volatility has been dropping since 2010, though the last couple of months we have seen a little spike upwards again.



And of course we can see the prices move every day, that's the case with every currency, there wouldn't be a market if that wasn't the case.
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