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2401  Economy / Gambling discussion / Re: Best solution to handle gambling addition, in a country. on: August 05, 2019, 06:13:33 PM
Considering the gambling addiction ratio in a country is increasing rapidly, what are the best possible solutions the citizens or government of that nation can implement to deal with the problem. Before you jump right into suggesting, the government should ban/tag gambling related activities as illegal in the country, you should understand that running away from a problem don't actually solve that problem. Beside proposing a ban on gambling only encourages the citizens of that nation to gamble illegally.

In regards to online gambling, there's not much the government can do to restrict it's citizens from gambling. They can blanket ban the gambling sites but VPN would easily enable users to visit the site they like. For real world casino, a government can easily implement rules to restrict the amount and time it's citizen utilizes to gamble as users are made to carry their IDs in almost all of casinos.
2402  Alternate cryptocurrencies / Altcoin Discussion / Re: Nano Historical Data Question Coinmarketcap on: August 05, 2019, 06:08:10 PM
I recalled nano pumped up to 37 dollars at one point.  On coinmarketcap, it was less than 1 cent when it came out.  After a few days, it went to 10 cents or so.


What i want to know is... when was nano available to buy?  Was it on the first date that is shown on coinmarketcap?


Is there a way to know what exchange offered nano which i know was called raiblocks back then when it first started out?  Did binance offered nano at the beginning?  Or only after a certain time and if so, anyone know when this occurred so i could look at the price it was available at?


I ask this because if someone say bought 100000 nano at 0.01 each which is 1000 usd.  And they held it to the point to where it pumped to over 30 dollars... then sold it all... well they would have made over 300k usd profit...


Did ton of nano holders just sold most or everything when it pumped that high?

Raiblocks was distributed using a faucet and many people were involved in claiming it. Raiblocks for a long period of time was exclusively available on it's own exchange. But the price was ever decreasing and the coin was near forgotten when they rejuvenated with new name and aggressive listing on exchanges. Binance was not the first one but that listing provided them a good boost.
2403  Economy / Gambling discussion / Re: Longest Winning Streak in a Dice Game on: August 05, 2019, 05:56:56 PM
I haven't actually counted every of them but as I remember, the longest winning streak for me was of 10 bets with the odds of 2.5
That was in an old site called bubbledice, I don't think it exist at the moment but it was a game integrated with money pot where you could adjust your odds anywhere, similar to current windice but more flexibility.
2404  Alternate cryptocurrencies / Altcoin Discussion / Re: binance dex different from other dex exchanges? on: August 05, 2019, 05:50:33 PM
why are developers aiming for binance dex when liquidity is still the biggest problem of dex exchanges? Apart from the big name 'binance' what did the dex have to offer that's different  from other dex exchanges?I don't see any difference,do you?

Binance Dex having an amazing UI, has some features that stands it out from the rest.
Firstly, they have the cheapest fees among DEX, i.e. when you pay in BNB.
And even if you don't have BNB, you can pay the fees in almost any currency. While most of the DEX are either specific to Ethereum network or other similar platforms.
2405  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum (ETH): what's the Next Four years going to look like on: August 05, 2019, 05:32:10 PM
Ethereum ETH celebrated its 4 years some days ago, no one believed the project would have achieved what it has achieved within these four year, as at Oct 2015, the coin all time low was $0.420897 USD and the All Time High $1,432.88 USD (Jan 13, 2018), now the current market price is $235.03 USD. what do you think the next four years would look like? i see the coin going stronger and bigger, what do you think?

In my opinion, Ethereum is largely devalued at the current time in comparison to other altcoins. We can call it a sleeping giant.
Ethereum is working on implementation of Ethereum 2. In next two years, they would bring POS based verification of transaction and a rise in scalability which would help make Ethereum much more accessible and hence have a boost in price.
2406  Economy / Gambling discussion / Re: Which is better Government run Lottery or private run Lottery on: August 05, 2019, 05:25:15 PM
With the introduction of blockchain, a lottery run by smart contract is much more better than done by humans with manual drawings.
Government involvement in lottery may bring some credibility for the results but for most of the countries I know, government does not operate such scheme. And where it does, the bureaucracy has a bad track record that makes the lottery itself questionable.
2407  Economy / Gambling discussion / Re: Why Choose Lottery Instead Of Anything Else? on: August 04, 2019, 12:28:44 PM
So I've been wondering a lot time now why some people choose to play lottery which is made in such a way that it's statistically impossible to win and not any other game that gives about 49% chance to win? In online crypto-gambling there are a lot of such services.

Personally I'd advice against gambling overall (ye I know I wear a gambling signature at the moment!) but if someone insists on playing something without thinking or using skills, then why not buy a random stock? That'd give them 50% chance to win and with some research they could increase this chance.


I found this nice video a day ago, it tells the truth about lotteries in a funny way: https://www.youtube.com/watch?v=9PSWTDhHGt4

A very good point is made at 2:55 about the probabilities
Also at 4:07 they lottery in comparison with gambling and stock market in a funny way... "we take away all the skill of blackjack or poker just to make sure we have the best chance of getting your money"! Cheesy

The good thing about lottery is the participants are sure that 99%+ of the total collected amount would go to users. They are not playing against the house and the house just collects a commission from the winners.
I don't think there are any online gamblers that just sticks to lottery and nothing else. Though lottery is fun, it has a lot of passive time and has no thrill between buying of tickets and the draw.
2408  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: August 04, 2019, 12:25:15 PM
The bowlers bowled brilliantly, but the batsmen played some Cricket. I still feel we could witness a whitewash here. The batsmen need to step up their game.
I don't think WI will be whitewashed. They will at least win 1 t20 match. Their batsman are not consistent. They can wash a team anytime.
In ODI, they will not win a single match I think.

A T20 match could be easily influenced by a single player and though west indies lacks a good team, it has some extraordinary players specially with the bat. This way, they may single handedly turn the game into their favor. But with the current form, it would be really difficult for them to beat the indian team.
2409  Bitcoin / Bitcoin Technical Support / Re: How to do Double spend on: August 03, 2019, 04:06:41 AM
Almost all people and most of the sites requires you to have a number of confirmations before making your deal done.
Even the sites that advertise zero confirmation deposit require you confirmations before withdrawing.

The easiest way to double spend is to load your private key in multiple wallet and send to different address before any of them confirms.
2410  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Dex exchanges are safe? on: August 02, 2019, 03:10:15 PM
I've been using dex exchanges like ddex, switcheo. They asked to connect wallet through metamask or trust wallet, I'm an android user so I'm using trust wallet to use these exchanges, i wanted to ask when we connect our wallet to a specific exchange is there any possibility to stole funds anyhow?

Safety in DEX largely depends on your browsing habit and how you handle the site and your trade. Most of the functions are done within your browser and transfer initiates from your browser ad-don only when you confirm. The wallets from the private keys too are shown from your own side unless you credit the balance to the site.
2411  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: I've taken my eye off bounty hunters comments on: August 02, 2019, 02:57:22 PM
And Miracle is clearly a ponzi. Their promised returns are impossible to fulfill unless they are paying the old users with the new bought tokens.
Veil is more like the DeepOnion, similar strategy, they'd become as dead as DeepOnion soon. Harmony on the other hand seems to be a legit project and they are just holding so that the bounty participants won't dump the coin causing a fall in price.
2412  Economy / Speculation / Re: Good news! Bitcoin Price Breaks $10K Barrier on: August 02, 2019, 02:10:19 PM
Bitcoin has been moving up and down of 10K for quite a time now. But what we've seen is it mostly gets bounced back near the support level of 9.5K.
So, we could safely call the price of around 10K to be the new bottom for bitcoin. We might soon see another bull run on bitcoin as whales seems to be filling their wallets.
2413  Economy / Gambling discussion / Re: Unforgettable Gambling Stories... on: August 02, 2019, 02:05:33 PM
The most unforgivable and unforgettable gambling story for myself is I decided to invest in the bankroll of some gambling websites and divided an amount of 0.5 BTC to 5 gambling sites. But after some days, I end up betting all my investment and losing it all except for one site which had a lock in period.
I have since then tried not to bet away my investment and have been successful mostly except once.
2414  Bitcoin / Bitcoin Discussion / Re: Can the blockchain tech be used to prevent counterfeiting of physical cash? on: August 02, 2019, 01:40:29 PM
I was just having my cup of tea and watching the ongoing Ashes series... a strange thought came to my mind.

All of us know that one of the main advantage with Bitcoin is that it can't be counterfeited. On the other hand, counterfeiting is a major issue with fiat cash.
According to some estimates, the sale of counterfeits and pirated goods are worth $1,700 billion per year, and the sale of counterfeited banknotes is worth $250 billion.

Is it possible to use this technology to prevent the counterfeiting of bank notes? Don't tell me to install microchips on all the banknotes. We need to keep the manufacturing cost below $0.10 per piece. I thought about it for 2 hours, but no practical solution came to my mind. Do you guys have any suggestions?

Actually we are heading towards a banknote free economy. The fiat transactions are being held mostly online and if we be able to turn the current fiat to work under blockchain, there would be zero counterfeit fiat currency. Not only that, there would be much lesser tax evasion and money laundering as it would be easy to track the money. Though it may risk the financial privacy of individual, we are moving towards regulated and non-regulated cryptocurrencies.
2415  Bitcoin / Bitcoin Discussion / Re: If you could rename Bitcoin what name would you give it? on: August 01, 2019, 02:18:38 PM
Bitcoin is a pretty good name, but let us say the entire network got fucked up somehow, and satoshi ask you, what do we call the new bitcoin that can`t get fucked up (which is still just bitcoin).

What would you call it?

I would call it Ecfasnpuaoiltfs

Electronic Cash Fast And Secure No Printing Unlimited Amounts Of It Like The Fiat Scam

or FTF

Fuck the Fed

Bitcoin is a perfect name. But if I were to name it some other, I'd name it Cryptbit.
I don't prefer to call it a coin, it's divisible to a lowest decimal/fractions of a unit, why would you call it a coin?
It's based on cryptography and is a digital token so, Cryptbit is a perfect name for the bitcoin I would have invented.
2416  Alternate cryptocurrencies / Altcoin Discussion / Re: Your money could vanish in IEOs on: August 01, 2019, 01:00:50 PM
This is now the new trend, every exchange wants to do ieo no matter how shitty the project is. If you are investing in any ieo, consider it a big risk. If it pays off, fine. If it doesn't, we learn.

Every investments have risk. And larger the risk you want to accept, larger could be the potential profit.
As of IEO, binance's success with it's launchpad made every exchange to include similar schemes. Definitely binance was not the first to introduce it. Before binance took the strategy to study and list promising project as IEO, IEO was not as popular. So, it's binance research and their selection that increased interest in IEOs. Not every Exchanges are same as are IEO. So, we should consider both the issuing exchange and the project itself before deciding to jump into an IEO.
2417  Alternate cryptocurrencies / Altcoin Discussion / Re: Lost my BitcoinCash on: August 01, 2019, 12:04:56 PM
Export your private key from Green wallet and access the wallet through privatekey in app https://electroncash.org/
Electroncash is a fork of Electrum wallet and the interface are similar. If you are using the correct private key, you should be able to view the coins.
2418  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2016/17 on: July 30, 2019, 11:52:42 PM
from detiksports.com
BALE stayed in Madrid, Previously Bale was called to pull out of Madrid. Zidane's statement a few weeks ago reinforced the fact that Bale no longer has a place in the Los Blancos squad. But, in the final moments, Madrid canceled Bale's move to Suning because they did not want to lose Bale for free. Moreover, Madrid was hit by a storm of injury in this preseason session, especially Marco Asensio who had to be absent for long....
It's really very sad for Bale. Who was initially told to leave and is now detained for not being allowed to leave. So, Bale will stay for next season and not go to another club because Real Madrid don't want to lose Bale for free.

At least, they should let him play in the starting line and not bench him to death.
It is so bad to have a player like Bale sitting on the bench as he has so much to offer to the football till his retirement.

It's just matter of time and Bale and Real both would settle for a transfer. It's just they are looking for the best options.
There's no use of Bale still playing in for Real, its not just that Real don't want him to but it's also a matter of ethics for the forwards as the team has clearly asked him to leave.
2419  Alternate cryptocurrencies / Altcoin Discussion / Re: Did Facebook Just Gave-Up On Libra Project? on: July 30, 2019, 04:52:35 PM
This news is getting me thinking if facebook will really survive the regulatory heat.

Now officially saying it may not launch.

https://www.cryptoinformers.info/news/226-libra-stablecoin-may-not-launch-facebook-warns-investors

Just wondering, Did Facebook Just Gave-Up On Libra Project?

Facebook Libra is the best option for US to regulate a large cryptocurrency. If they don't allow Libra, many other people and companies would come up with similar ideas which would be much more anonymous than the proposed Libra and the market much more diverse. Facebook would ultimately convience the US government that Libra is their only option to keep controlling the world economy.
2420  Alternate cryptocurrencies / Altcoin Discussion / Re: Happy Birthday ETH on: July 30, 2019, 03:31:37 PM
It is 30 july 2015 when ETH initially was released. Everyone here might have noticed the amazing work done by ETH team. It is all there efforts that ETH stands the second coin in Crypto coin List.

I didn't know about ETH in 2015 and haven't joined this forum yet, but I have read several articles about ETH's standing. I am very happy with many users and have achieved success.

I celebrate the 4th anniversary for ETH.

I was here during the release of ETH but the funny thing is me along with a lot of other people called it a scam. It was trading below a dollar for a long time.
Not trusting ETH was one of the largest mistake I've made. Though late, I ended up buying ETH for $33 and sold it just above $100, it was one of my best investment return.
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