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June 05, 2024, 01:55:35 AM *
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2521  Economy / Economics / Re: Solar panels set to be mandatory on all new buildings under EU plan on: May 25, 2022, 02:12:22 PM
A good response to start and be more independent from Russian energy, but it will obviously not be enough. The fastest, and most efficient path to be truly self-sustaining in energy production is nuclear. I believe there will be an overreaction, and the over-production of nuclear power all over Europe will be good news for the Bitcoin mining cartels.
2522  Economy / Gambling discussion / Re: Any changes experienced within body - Gambling??? on: May 25, 2022, 12:22:48 PM
I’d say it’s safe to say if this is happening to you when gambling you should really hang it up, especially if you have a family. I get pissed off when I lose a bet, but it’s not because I can’t afford to lose the bet, it’s simply because I hate losing. I don’t ever gamble what I can’t afford to lose, so I never put myself in any sort of bad position. I know it’s not just that easy for some, and I wish those who can’t control their gambling the best of luck in trying to do so !


People will learn, always the hard way. It is also like the community's other "favorite sport", guessing the price of Bitcoin/a shitcoin, than gamble through "day-trading". I'm single, but I have definitely learned THE HARD WAY that the only way for me to build my capital is through HODLing. To the people who have an abnormal reaction to gambling like IBS, play the lottery or slot machines. More time to go to the bathroom and do your business. Haha.
2523  Economy / Gambling / Re: Jumbo Ticket 🔥 Crypto Lottery 🔥 Dream Big! Win Big🔥 on: May 25, 2022, 10:53:42 AM
How can we know the game isn't rigged?

The old trick of the papers with numbers isn't a fair way to select the winners because we can't verify every single ticket in the basket. I would say it's complex to trust on a site like this. But good luck with the project.


I'm sure that there would be absolutely no reason for Jumbo Ticket to cheat their users, but a high standard of trust is necessary from the user to the service, with the service being a centralized entity. From my post before, I believe a good feature to have for online Bitcoin lotteries would be to get the results from the Block Hash of the Block Header of a predetermined block. It would remove all questions of manipulation.
2524  Other / Archival / Re: Announcing Wasabi Wallet 2.0 on: May 25, 2022, 10:15:39 AM
I believe the debate is going nowhere sers. I personally agree with some of your points, but in trying to understand the standpoint of WasabiWallet, I also believe that what they are doing is a necessary trade-off for a segment of users in Bitcoin Land. Let's leave the users/community to decide if they actually think Wasabi is good for their own usage of Bitcoin.

nopara73, where can we get the data for Wasabi's usage before, and after the update?
2525  Economy / Gambling discussion / Re: Any changes experienced within body - Gambling??? on: May 24, 2022, 12:39:47 PM

Irritable bowel syndrome
Also called: IBS, spastic colon


That's caused by too much anxiety, fear and stress! You should take a rest from gambling. The same experience happens to people who get ready to be in a fight, but he couldn't handle it, then suffer irritable bowel syndrome before the actual fight started. I believe that's where the expression, "he shit his pants" came from. Hahaha.
2526  Economy / Gambling / Re: Question for regular casino players. Will you use Lightning if available? on: May 24, 2022, 12:15:46 PM
I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

Lightning Network is for bitcoin and so if the site already has implementation of the LN then I guess most of us would use it to save the fees from on chain network.
When it comes to altcoins, many of the altcoins have a cheaper fees already.
I generally use altcoins for gambling because we tend to lose money in gambling and I don't want to lose my precious BTC.


I admit, our HODL-mentality might be one of the main reasons why shitcoins are being used more and more. I also can't disagree, gamble with the shitcoins, don't forget to wash your hands, but keep the precious Bitcoins as savings. It both has its pros and cons, or a trade-off? I will post a shower thought about it in my Buy the "DIP, and HODL" topic and have JuanJayGee post his own opinion about it. Hahaha.

Everything has it's own pros and cons. When it comes to gambling with bitcoin I think the cons outweigh the pros for me.

For me, bitcoins are too valuable to lose in gambling which is why I never gamble with my BTC and rather opt for free coins to gamble with.


I thought the point you were making was, if given the choice between which coin to gamble with, for example Bitcoin or Dogecoin, the decision would always be gamble and throw away the Dogecoin but keep the Bitcoin because it's more valuable. Defining "valuable" here is not what is "financially valuable", but what's truly valuable based on the coin's underlying nature. Bitcoin is the most valuable of them all.

2527  Other / Archival / Re: Announcing Wasabi Wallet 2.0 on: May 24, 2022, 09:55:35 AM
It then makes logical sense for them. They want to provide their services to institutions who merely want a mixer/tumber, but without "the taint".
Taint only exists because institutions like Wasabi perpetuate this nonsense.
I agree, but this is the point, "they" don't and "they" can lock us out of our accounts from "their" services/confiscate our coins.

I don't know which services you are talking about, since governments and regulators don't directly run services where you deposit coins or might have an open account.


Do you believe that a user who mixed/tumbled his/her coins through a sanctioned mixer would be accepted by exchanges like Coinbase, or Bitstamp?

Quote

But if you're talking for instance about a centralized exchange; first and foremost you shouldn't be worried about your account being closed, since you shouldn't have any funds on there anyway.


Me? You're right, I wouldn't have any funds there because I'm a poor pleb. Hahaha. But that's not the point, plus you nor I, are not the only users of Bitcoin. There will be other users who might be willing to accept the trade-off of being a WasabiWallet user.

Quote

And if you're worried that some service or platform could deny your payments if they haven't been green-lighted by Chainalysis / them (whoever that may be), then consider switching platform or telling them to stop using payment providers that filter and censor certain Bitcoin payments.


It's not Chainalysis that's giving the greenlight ser, it's those services not wanting "tainted coins" according to their definition, whoever that may be, that made Chainalysis a necessity.

I personally agree that the user should consider switching to services that did not censor transactions, but that's not the point. Because another user could consider not to switch, accept the trade-off and continue with Wasabi, knowing that he won't have problems sending his coins anywhere.
2528  Economy / Gambling / Re: Jumbo Ticket 🔥 Crypto Lottery 🔥 Dream Big! Win Big🔥 on: May 24, 2022, 09:40:14 AM
I see this is not a casino game but a lottery game where in one spin will produce several big winners. This is indeed unique, I usually see gambling sites as casinos with various games, but they don't make sweepstakes part of the game, while jumbo tickets actually make it their main game, but it will look boring if you just draw. will there be fun games in the lottery?


Actually no, with all of the casinos offering games that require 100% of your active attention, I believe Jumbo Ticket will find its place in the cryptocurrency gambling industry for users who want to bet on lotteries. What would be a nice feature for Bitcoin lotteries would be to base the results of the lottery on the Block Hash of the block header of a predetermined block.
2529  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 24, 2022, 07:09:18 AM

While at the same time, never say never, even though historically we have not had too many breaches of the BTC price below the 200-week moving average for extended periods of time.... even for more than a couple weeks, at most... that's BTC price history.. but still not guaranteed, even though it seems reasonable and prudent to consider those kinds of possible extremes and whether there might be plausible scenarios in which those kinds of extremes might end up getting breached this time around.


No it didn't, but there's always the possbility that it can touch it ever so slightly, which could give plebs like me a golden opportunity for another good entry. Bitcoin might be in a phase of "$29,000 is the new $6,000 of 2018". Plus there's a time for FOMO, there's a time for finding good entries. It's very obvious that it's a time to find good entries. It might not matter for whales with unlimited capital like you, but for poor plebs like me it does.

2530  Economy / Trading Discussion / Re: An advice for newbies and plebs on: May 23, 2022, 11:32:34 AM
Simply stop day-trading, or any more active form of trading.

It just depends on the ability of certain traders. If they want to do day-trading then do it, you shouldn't let people like this tell what to do and tell em to avoid certain thing. If you are capable to do day-trading and know the risk of this type of trading, then you should go for it maybe you will earn something from it. I just hate it when people say, please stop doing this and then do this, where they don't even give the correct reason of this.


That's true for some traders, but it's not entirely true for the majority of "traders", especially those "traders" who are merely plebs like us.

In day-trading, changing your bias every minute/hour could cause you mental disorders from the stress if you do it for years. Plus you're only profit is cents per dollar traded. Why would you spend your whole day looking at charts when it's profitable to simply Buy the DIP, and HODL?
2531  Economy / Gambling / Re: Jumbo Ticket 🔥 Crypto Lottery 🔥 Dream Big! Win Big🔥 on: May 23, 2022, 09:55:17 AM

I honestly didn't. I read the first two replies, then posted. I believe a profile link for Jumbo Ticket's Bitcointalk account should still be posted in the OP, just to let everyone know officially that it's the real account.

You didn’t read the OP either or missed somehow mate. Just read the special note put below of the thread. I have linked the official account of Jumbo Ticket there.


I honestly missed it, or I would not have asked. But I saw it later when another poster scolded me to carefully read everything. Hahaha.

Quote

Getting back to the issue- Phone Number
I believe Jumbo Ticket should consider this. There are more ways to prevent abuse of the bonus. But most users here don't like to get KYCed.


It's a necessary trade-off in my opinion, or else Black Hats who can hire people from a service like Fiverr can take advantage of the bonus in Jumbo Ticket, by large numbers, like they did with BitLucy. Although users can sign up with Gmail, I believe give another option for other users to sign up without the phone number requirement, but with no offers for ANY bonuses from the site.
2532  Economy / Gambling / Re: ⭐ BTCGOSU ⭐ Your Trusted Guide to the Best Bitcoin Casinos ⭐ on: May 23, 2022, 05:57:38 AM
🚨 GOSU NEWS ALERT - Rising Star Nomination  🚨

AffPapa, one of the leading iGaming industry portals, has nominated BTCGOSU for "Rising Star of the Year 2022".


Check out the previous news post our nomination for crypto affiliate of the year here: https://www.btcgosu.com/blog/news/affpapa-nominates-btcgosu-for-best-crypto-affiliate-of-the-year/

Crazy times really, shortly before our 2nd anniversary - how awesome would it be to win an award!


Congratulations on your nomination for Rising Star of the Year for affiliates in cryptocurrencies. I believe a win would bring more Bitcoin awareness and appreciation, and more people hopefully would try it out. Cool

Plus can BitGosu post a guide for the best casinos built on top of the Lightning Network? I believe direct Lightning off-chain gaming might be the next phase for simple games that the community has known and love, like dice, roullette, lotteries, and binary options.
 
2533  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: May 23, 2022, 05:41:12 AM

So are you facing any issue with password and logging into Roobet ?
Roobet is one of my favorite gambling platform and i often play there along with few other gambling sites.

Yes only the first time I login after a few months of leaving this site I just found out this is their attempt to keep user accounts safe.

I suspect this will happen if we don't log in for some time to ensure that we are the owner of the account security code will be sent to email.

If we don't enable 2FA, this will be very helpful hackers are not easy to take over accounts.


It's especially important if your account has already gone through KYC. Because as casinos in the internet become better in detecting fake identity/information details and fraud, the value of accounts that are validated with real ID/information details behind it go up. I believe there's a growing black market/dark market for hacked accounts with KYC, which should make your casino do extra measures to secure it.
2534  Economy / Gambling / Re: Jumbo Ticket 🔥 Crypto Lottery 🔥 Dream Big! Win Big🔥 on: May 21, 2022, 10:23:10 AM

Like the other users above, I don't like the site that ask to fulfill the phone number in order to sign up. The site claiming to offer anonymous privilege, but asking phone number and mandatory KYC on the TOS are contradicts with the anonymous! Another thing is, we're only see the winners with the ticket number, it's possible if the site including the transaction hash too? To make sure the site is really pay to the winners.


Transaction hash from your wallet to the lottery site? I believe that should be the right of the user if he/she wants that information known to the public or not if he/she won. It can always be used nonetheless if the site does not pay.

Quote

OP, does Jumbo Ticket have an account in the forum? Please post profile link of Jumbo Ticket's Bitcointalk account.
Lol, you don't even read the other replies first? especially this thread is really new and only have 1 page.


I honestly didn't. I read the first two replies, then posted. I believe a profile link for Jumbo Ticket's Bitcointalk account should still be posted in the OP, just to let everyone know officially that it's the real account.
2535  Economy / Gambling / Re: Question for regular casino players. Will you use Lightning if available? on: May 21, 2022, 10:06:26 AM
I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

Lightning Network is for bitcoin and so if the site already has implementation of the LN then I guess most of us would use it to save the fees from on chain network.
When it comes to altcoins, many of the altcoins have a cheaper fees already.
I generally use altcoins for gambling because we tend to lose money in gambling and I don't want to lose my precious BTC.


I admit, our HODL-mentality might be one of the main reasons why shitcoins are being used more and more. I also can't disagree, gamble with the shitcoins, don't forget to wash your hands, but keep the precious Bitcoins as savings. It both has its pros and cons, or a trade-off? I will post a shower thought about it in my Buy the "DIP, and HODL" topic and have JuanJayGee post his own opinion about it. Hahaha.
2536  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! on: May 21, 2022, 08:39:59 AM
I believe President Bukele never claimed their summit among South American central bankers to be all, and just about Bitcoin. Bitcoin is merely part of it. Read the Twitter post, it said "talks about financial inclusion, banking the unbanked, AND Bitcoin". It's not a "Bitcoin conference", but Bitcoin is obviously one the main topics to be discussed.


That is true, it is not only about bitcoin, it is about financial inclusion, digital economy, banking the unbanked the bitcoin rollout and its benefits in their country. But according to what was posted above, some central banks do not know that bitcoin was even part of summit, while some do not care, while some like it and saw it amazing. All I know is that bitcoin can not be accepted by all central banks in just one day, and if some do not accept it, that does not mean bitcoin adoption will not continue. What surprised me most is that China that its mining operation and hashrate went to zero during last Chinese government crackdown on cryptocurrencies are producing the second largest hashrate now if the news I read it from is saying the truth though.


If they didn't know, now they know. Hahaha.

They should consider themselves very lucky, and they should take the summit as a golden opportunity to know more about Bitcoin and how/where to buy them. Their governments, who need to weaken political strongholds, are those that need it the most. I hope they truly understand what Bitcoin is, and what it will be for them. This isn't another payment system for consumers. It is something much more.
2537  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 21, 2022, 08:16:47 AM

That is:
49% for UP
+
10% supra $27k
+
12% supra $25.4k
=
71% total

Upon reflection, the 71% assignment of not breaking below $25.4k seem like higher odds than I had anticipated that they would have been.. yet at this particular moment, I am not sure where or how I would currently adjust the assignment of probabilities to make me feel more better about each of the numbers?

How about you Wind_FURY?  Surely, you consider these matters differently from me, and you would tweak the current assignment of probabilities, and if so, how would your assignment of probabilities come out differently from mine?


I'm probably more bearish than you for 2022, and 2023. Although yes, I'm biased because of the pattern we experienced in the past, BUT with the Fed's rate hikes and tightening of the balance sheet, I believe it might validate the bias.

Plus where will the inflows come from? Many plebs, and other ordinary investors like us have no more dry powder/will need to save. Institutional investors are having their own bear cycle in the legacy markets. In fact, some ordinary investors in cryptocurrencies might start selling to, pay for their expenses which are becoming more expensive because of inflation, or simply to sell and look for other investments.

Quote

Do you want to say that everyone should be waiting to stock up on bitcoin?  that would seem ridiculous to me., even though I do understand why it makes sense to keep some dry powder available.

They can buy this DIP right now, then DCA when it touches the 200-week SMA line, which could happen as early as July, or August.

Still sounds as if you are assigning pretty high odds that there is going to be a touching of the 200-week moving average.

You do also realize that the 200-week moving average is continuing to move up (so long as the BTC spot price stays above it)?

right now, with BTC prices right around $30k, we are about 27% above the 200-week moving average.

Of course, some folks might buy on the dip, as well.. including buying at various increments between this current price and where they anticipate the 200-week moving average to be by the time the spot price hits it.. that is if it hits it or if it even goes lower than the $25.4K-ish that it already hit.


I actually didn't assign high odds for it until I saw your post about 100-weekly SMA. I looked at the line, and I was not happy to see that if Bitcoin went under it, it took about only two months for price to touch the 200-weekly SMA line. It's better to expect it, and be ready, than deny it.
2538  Economy / Trading Discussion / Re: Few Steps To Avoid Losses In Trading. on: May 20, 2022, 11:29:18 AM
Let me add one more

Do not trade with shitcoins

If you trade with shitcoins, it can be the beginning of losses, if the trade does not favour you, you could have lost most of your trading funds until you realize what shitcoins are.

Some coins are also just like not rising during bull run but continue to be stagnant or fall, until the bear crypto begin and the shitcoin continue to fall more than others. That would indeed be a pain in the ass.
I am Totally agree with you because many people loss their money in shitcoins. Shitcoins not have any future so I suggest every one to avoid trade in shitcoins. These Types of coins are pump and dump coins. And having high risk of lossing of your money.

[bJFor short term trading I think it is still understandable but if we hold shitcoin for long term it is not recommended[/b],
the risk is indeed very high apart from that there are still more viable coin choices,
don't waste time on shitcoins because it's a shame


What's the point of "short term trading" for plebs like us? That money would have been used more efficiently by finding good Bitcoin DIPs to buy. It's only understandable if someone is a real professional trader who's making a living out of trading. Plebs like us? We'll be only taking more risks, less reward.
2539  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: May 20, 2022, 11:11:25 AM
@Bukele’s tweet about some of the Central Bank and financial authorities meeting in El Salvador may have misled us as to the purpose of the meeting per se: According to the information in the below GT links, the Central Bank of Paraguay has issued a statement to reflect that the focus of the meeting is not cryptocurrency, nor are they themselves interested in the matter.  The meeting is really the 18th meeting of the Alliance for Financial Inclusion, delayed since 2020 (I figure due to the Corona virus outbreak).

If this is so, it seems that we’ve been oversold the meeting, and although some part are surely going to verse on crypto, as this post suggest, it may not be the core objective after all …

See (Google Translated links):
https://www-eleconomista-net.translate.goog/cripto/Banco-Central-de-Paraguay-desmiente-que-foro-en-El-Salvador-sea-sobre-bitcoin-20220518-0019.html?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=es&_x_tr_pto=wapp

https://www-bcp-gov-py.translate.goog/comunicado-sobre-participacion-del-bcp-en-foro-internacional-n1716?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=es&_x_tr_pto=wapp


Quote

Central bankers and financial regulators from 44 countries enjoying their second day of talks about financial inclusion, banking the unbanked, and #Bitcoin adoption in
@Bitcoinbeach
 and in El Salvador 🇸🇻

https://twitter.com/nayibbukele/status/1526756578174582785?s=12&t=E6h-faB-GCCk4ggy6wJjGw


I believe President Bukele never claimed their summit among South American central bankers to be all, and just about Bitcoin. Bitcoin is merely part of it. Read the Twitter post, it said "talks about financial inclusion, banking the unbanked, AND Bitcoin". It's not a "Bitcoin conference", but Bitcoin is obviously one the main topics to be discussed.
2540  Economy / Speculation / Re: Terra cofounder Do Kwon is the one who is pumping Bitcoin on: May 20, 2022, 09:28:44 AM
Tin-foil hats on. Do Kwon was planted by the CIA to build/set up Luna/UST for a massive failure that will open an opportunity for the government to start FUD, immediate regulations on stablecoins, and make way for a fast release and execution of the Fed's CBDC.
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