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2561  Bitcoin / Project Development / Re: FreeCash - the first casino that has a winners-only policy! on: August 17, 2018, 01:08:55 PM
I personally do not see that this can be a success, mining with browser using CPU is just waste of time

It's only intended to make small amounts as an alterantive to a faucet.

and can only cause damage to user device.

That is a complete and utter myth. All modern processors have automated systems to reduce the frequency and eventually shut down to protect against any possible overheating.

Also every user who have antivirus software will probably be stopped immediately at the beginning of process, most of them block such activities. OP can try to implement this idea into reality,

Anyone who actually wants to use it can add it to their exception list.

but first he need to fix his site.

That's true.
2562  Bitcoin / Project Development / Re: FreeCash - the first casino that has a winners-only policy! on: August 17, 2018, 11:25:00 AM
This. (Website is running for me)

It's down for me.


I think you are definitely onto something here but I too don't understand why there's a need for an ICO...

You need a bankroll and the size of it dictates what maximum win you can offer. Crowdsourcing a bankroll would be a preferable option in my opinion as ICOs tend not to work out well.
2563  Economy / Micro Earnings / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: August 17, 2018, 10:34:20 AM
lol Grin Grin Wink on another forum complain)))) wetsuit is tired of struggling with bots. decided to ban the IP network

Nah, It's more complicated than that but if they complain that's good.
2564  Economy / Micro Earnings / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: August 17, 2018, 10:29:43 AM
Will you take any measures if your website is blocked in Russia?

Like what?
2565  Other / Meta / Re: This is bad on: August 17, 2018, 09:10:13 AM
Another bitch who's fucking trying so hard to kiss Pee Man's ass! Fuck you too bitch!

Why would I need to do that? I just like TMAN, he speaks his mind and doesn't mince his words.

BTW, I know you are new here but you really should take time to read the forum rules.

Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ
32. Posting multiple posts in a row (excluding bumps and reserved posts by the thread starter) is not allowed.
2566  Other / Serious discussion / Re: What would the top coins be if people were sane? on: August 17, 2018, 08:52:12 AM
This altcoin massacre made me ponder what the coin market cap listing should look like, if this stuff was based on real fundamental value and not pure pump-and-dump speculation. I'd put XMR and ETH at a very distant second and third to BTC, since they each provide some very real features over BTC which people are using right now to good effect (though each has problems). I haven't looked into the more recent ones much, though. Are there any others that are backed by more than empty promises?

Adoption is the key to survival much more than features.

A coin can still succeed even if it doesn't provide a distinct benefit over another coin. Consider that there are several rental car companies even though there is little incentive to prefer one to another.

There are a number of coins that don't really offer more than Bitcoin but they can be used and exchanged for goods and services. LTC, DOGE and BCH all pretty much serve the same purpose but they stand out from a lot of others because you can actually spend them. Even CLAM will survive as long as JustDice does. The massacre is going to hit the coins that can only be traded at an exchange and have no other function.

This massacre talk started with that Tweet from Ted Rogers saying that 90%+ listed at CoinMarketCap will disappear eventually. I'd be hard-pressed to come up with a list of 100 coins that I could exchange for goods or services.
2567  Other / Meta / Re: This is bad on: August 17, 2018, 08:09:54 AM
Anyway, requesting to lock.

Requesting to leave it open. It's fun watching some shitposter who has only been here 5 weeks try and pick a fight with TMAN. The imbecile walks into a community and expects 'equality' with people that have been here for years.
2568  Other / Meta / Re: Mod, please check new plagiarism: Reporting copy/pasting, please permban on: August 17, 2018, 07:50:11 AM
dimbaba

I suggest buying in the Bitcoin ATM in your area. This is the fastest way instead of meeting in public.you can try coinbase but not sure if they have started supporting GBP/BTC yet. There is also bitfinex and they support GBP to BTC conversion.

Original:
You can try bitcoin ATM machines around your area but I think the rate won’t be same as the exchanges. So you can try coinbase but not sure if they have started supporting GBP/BTC yet. There is also bitfinex and they support GBP to BTC conversion. I think localbitcoins.com will be your best option and many others have suggested it.

Edit: Report handled and post deleted but user not banned and still shitposting.
2569  Bitcoin / Press / Re: [2018-08-16] Livesquawk "MASSIVE" INSTITUTIONAL INTEREST IN NEXT 12 MOS on: August 17, 2018, 06:41:01 AM
Institutional Investors are waiting, for one thing, a safe and secure custodial. Without this, they cannot enter the market unless it would be in futures or an ETF.

That's the significance of Bakkt, not the usage of it in itself, but it will be the first custodial facility to receive regularity approval and set a precedent for others to follow.
2570  Economy / Gambling / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: August 17, 2018, 06:35:12 AM
A friend of mine wants to start with Bitcoin, but he currently has no money to buy. I am now looking for ways to make it easy for him to start and to find opportunities to earn a few Satoshis. I came across FreeBitco.in. How much can you currently earn there? How much Satoshis do you get per request? And where is the payout limit? Is it recommended for beginners?

Recommended for beginners I'd say yes. Don't expect to make a killing on the site though it's not that much there that you can get free (around $0.02 if you have bad luck - like me - and usually hit the low numbers). It's once every 60 minutes that you get paid. Payout limit is 30000 I think and you have to pay a fee...

Almost, the base reward is $0.002.

You're not going to get much from claiming faucets in the short term but if you keep all those Satoshis they could be worth a lot in a few years from now if history repeats itself. All those of us that have been nearly 5 years have made a good amount.



Buying lottery tickets with free-roll winning has been re-enabled.
 
2571  Economy / Micro Earnings / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: August 17, 2018, 06:30:52 AM
Earn BTC is not working for me anymore. I hold more than minimum required amount, but it shows no interest after 08.10... was there any news about it?

08:10 AM or PM and in which time zone?



Congratulations that  were able to include a new protection from bots and gave us the opportunity to buy lottery tickets))))

I wish it was that. It just wasn't effective in stopping them so there is no point in inconveniencing genuine users. A lot of this has to be done by trial and error.
2572  Other / Meta / Re: Is Bitcoin Talk's love affair with shitcoins over? on: August 16, 2018, 05:55:06 PM
Have you been on the dark web within the past year? No one even takes bitcoin, they only take privacy coins like Monero.

That's one of the few coins that has a utility and will survive.

I just got this from one of my fiat market feeds.

https://www.livesquawk.com/members/crypto_update_aug_2018

It makes a good point about how the market is changing due to having institutional and professional traders involved more now.

Quote
Selloff also represents a market waking up to the fact "you don't need 1,000" different currencies
2573  Bitcoin / Press / [2018-08-16] Livesquawk "MASSIVE" INSTITUTIONAL INTEREST IN NEXT 12 MOS on: August 16, 2018, 05:30:55 PM
https://www.livesquawk.com/members/crypto_update_aug_2018

Quote
SHAKEOUT OF LEFT-OVER LONGS FROM LAST YEAR, UK EXPERT NUNN SEES "MASSIVE" INSTITUTIONAL INTEREST IN NEXT 12 MOS


Thursday, 16 August 2018

 

  • Selloff also represents a market waking up to the fact "you don't need 1,000" different currencies
  • Bitcoin acting as a safe-haven within crypto market
  • Market awaiting US regulatory word on bitcoin ETFs, plus launch of NYSE owner's Bakkt platform

The recent selloff in cryptocurrencies is largely due to the growing presence of professional traders and speculators in this alternative market, said UK expert Phillip Nunn, who is predicting “massive institutional interest” in the next 12 months.
 

Nunn, CEO of Wealth Chain Capital, noted that compared against other market manias, it was the crowd who first entered into the crypto universe followed by the ‘Big Boys’, who are now flushing out a lot of these man-on-the-street investors, who had “held and held” since late last year after bitcoin fell towards $6,000 from its all-time high around $20,000.

 
“When the Big Boys, these experienced traders, entered, the market was more vulnerable,” Nunn said to LiveSquawk News. “That’s just how these things go, the smaller investor can suffer.”

 
In December, coincidental to the fever-pitch state of the cash crypto market, Cboe Global Markets Inc. was the first to launch bitcoin futures, with a floor pit dedicated to the currency. The CME Group followed suit with its own bitcoin futures contract. All of which attracted more professional interest in both the underlying currency as well as derivatives, Nunn said.

 
Bitcoin futures volumes at both exchanges are still relatively light less than a year after their launch dates, but growing. CME bitcoin futures' average daily volume is 3,408 contracts, but in July more than doubled from June to 6,671 contracts or an equivalent of more than 33,000 bitcoins (notional $230 million), said Tim McCourt, CME Global Head of Equity Products and Alternative Investments. Average daily volume in August is already up 8pct over July, he said.

 
"CME is a price-agnostic, neutral marketplace, here to help market participants manage risk in the bitcoin market - regardless of whether the price goes up or down," said a CME spokesperson. "Many factors influence price, and it is worth noting that the futures market is still trading a fraction of the cash bitcoin market each day."

 
The cash price for a bitcoin is currently down more than 55pct year to date and down 63pct from its 2018 high of  $17,221, having hit $6,080 earlier in the week, according to CoinMarketCap. Other sources have quoted a bitcoin fall below the key $6,000 on 14th August, but without a retest of the yearly low.

 
“There have been years when crypto has been down a lot more than this,” Nunn said. “In this latest correction, bitcoin is being treated as a safe haven within cryptos, and has held onto market dominance of about 50pct, which is a positive.”

 
According to CoinMarket Cap, bitcoin currently has a 53.2pct market share in the $205 billion crypto market (v a market cap of about $1 trillion a year ago).

 
“The market is waking up to the fact that you don’t need 1,000 cryptocurrencies,” he said.

 
Nunn doesn’t seem to be shying away his “bold” prediction earlier this year that bitcoin could rise to $60,000, noting that in 2017 bitcoin rose from $6,000 to $20,000 “in 14 days.”

 
“In the next 12 months, there will be massive institutional interest,” he said.

 
The market is awaiting US regulatory word on the approval of exchange-traded funds (ETFs) on bitcoin, while the owner of the New York Stock Exchange, the Intercontinental Exchange (ICE), is launching a federally-regulated bitcoin trading platform called Bakkt to enhance the role of bitcoin as a genuine currency. Microsoft, Starbucks and Boston Consultancy Group are also backers.

 
“Bakkt is designed to serve as a scalable on-ramp for institutional, merchant, and consumer participation in digital assets by promoting greater efficiency, security, and utility,” Kelly Loeffler, Bakkt CEO said in ICE's 3rd August 2018  press release announcing the launch. “We are collaborating to build an open platform that helps unlock the transformative potential of digital assets across global markets and commerce.”

 

Stephanie Sprague, Princeton, NJ - LiveSquawk News
2574  Other / Meta / Re: Community generated suggestions to improve the forum (+ eventual voting on them) on: August 16, 2018, 04:54:30 PM
I am against removing merit for deleted posts, because some posts are worth reading until the entire thread gets trashed. For example: a scam warning.
But I'd have to agree the large majority of merited deleted posts must be merit abuse.

I have different suggestion: in the user profile, behind the merit amount, add the percentage of merit earned for deleted posts. If it's 2% nobody will bat an eye, of it's 80% it's obvious not to rely on the merit count for that user.

What if it was only when the user deleted the post themselves? Surely that would be the indicator of abuse rather than it being in a thread that got trashed.
2575  Other / Meta / Re: Mod, please check new plagiarism: Reporting copy/pasting, please permban on: August 16, 2018, 04:25:25 PM
This cheeky bot chose the wrong person to spin from and even combined 2 of my posts.

Sonamziv_99

That is the place you're off-base. Not every person. To start with, this was tied in with removing control from governments and personal stakes. Bitcoin was made to enable individuals to make monetary exchanges without the requirement for confided in outsiders (banks) and to assume the liability of cash creation (printing) far from government organizations (national banks). It wasn't intended to be a method for getting rich.

The restricted supply and the circulation procedure prompts the similarity of gold. It's not difficult to likewise observe the likeness of something that was at one time an all around utilized as money additionally being viewed as a benefit and in this manner a venture. While I don't differ with what you say I think it is inescapable and unavoidable that numerous individuals will see Bitcoin as advanced gold and a speculation.

Originals:
I think everyone here is for profit. how else can this be called except as an investment

That's where you're wrong. Not everyone. In the beginning, this was about taking control away from governments and vested interests. Bitcoin was created to allow people to make financial transactions without the need for trusted third parties (banks) and to take the responsibility of money creation (printing) away from government agencies (central banks). It wasn't meant to be a way of getting rich.

The limited supply and the distribution process leads to the analogy of gold. It's not hard to also see the similarity of something that was once a universally used as currency also being considered an asset and therefore an investment. While I don't disagree with what you say I think it is inevitable and unavoidable that many people will view Bitcoin as digital gold and an investment.
2576  Other / Meta / Re: Is Bitcoin Talk's love affair with shitcoins over? on: August 16, 2018, 11:23:34 AM
The 90% of shitcoins dying in a bloodbath claim originates from this tweet from Ted Rogers the president of Xapo.

https://twitter.com/tedmrogers/status/1029234182386409472

Quote
We could be in the midst of the extinction-level event for “cryptoassets” that many maximalists have predicted.  90%+ of @CoinMarketCap list will disappear eventually - might as well happen now.  Meantime, lower BTC price means incredible opportunity to buy more #bitcoin

This is why I agree with him:

Not everything recovers, and industry changes. Years ago I made some money from buying shares in a company called West of England sack. They rented traditional sacks to farmers, and farming was moving towards different distribution methods. The shares had slumped, although the company was still making a small profit. It was taken over, and the purchaser paid less than one years profits for the company. So he got his money back from continuing to trade, and he got the assets of the company as a bonus. I don't think the company lasted for more than a couple of years though. I mention this to show that you can make money from a dying asset,but you have to be prepared to get out quickly.

Looking at some of the alt projects, by the time you receive your coins  it may be too late to get rid of them, and in the meantime you've killed your reputation in the forum.

Unlike a cloth sack, most of those coins never had a use in the first place. They only are ever used as pump and dump trading vehicles. The ones that will survive will be the ones with some kind of utility.

The other reason Bitcoin is getting back above 50% market dominance is that tokens, as well as coins, are included in that measurement. It seems that people are slowly waking up to the fact that the vast majority of the ICOs are just plain simple scams.

How long before the ICO signature spam dies as well is another question.
2577  Other / Meta / Re: Newbies can now pay a small fee to enable images on: August 16, 2018, 10:34:46 AM
Hello there,
i've paid a fee, but after first post my status become to Newbie, so pictures are not works and our coin ANN without pictures. Could you help with this?

The instructions are on the page where you paid for it.

Quote
Once your transaction has 1 confirmation, revisit this page and then use the form which will appear in order to wear your new membership. Your transaction will not be registered until it has 1 confirmation. Bitcoin network fees and exchange/wallet withdrawal fees will not count toward your payment.
2578  Bitcoin / Bitcoin Discussion / Re: Can you stop calling Bitcoin an investment? on: August 16, 2018, 09:53:44 AM
I don't know very well Tether, is it using a cryptography tech or is it just a scriptural money?

Tether runs on OMNI Layer, the original smart contract system running on the Bitcoin blockchain. That isn't so important as I was just trying to illustrate that although Satoshi described it as a payment system it is actually far more. It's an entire monetary system.


Ok, yes perhaps the fixed value wasn't a good argument. So, the supply and demand is what makes people speculating on (or at least it participates), but what if Bitcoin wasn't capped at 21 million, we could have less speculation less volatility and so less "investments in"
Or if Bitcoin was somehow stable +/-5% people wouldn't jump on the wagon to get a better return than a saving account

Stability will come with size. Forget all the talk of market cap as that really doesn't mean anything in terms of a currency. Only a small proportion of Bitcoins are actually traded and involved in the price discovery process. Forex markets have much more liquidity so it takes much more money to move USDEUR than it does to move BTCUSD. As an example, if the price of BTC was 10x then it would take 10x as much money to move the price the same amount.

I think there's something in your argument that it is wrong to think of it as an investment. It is really a question of inflationary money vs. deflationary money. It is clear to me that the fixed supply was intended to mean that it would always gain value over fiat money over a long timespan and thus make it a more attractive type of money to use and store your wealth in.

If someone thinks of it as an investment then they are going to buy it to hold and then later take profits by selling back to fiat. I prefer just to think of it as a form of money that I would rather have and keep.
2579  Other / Meta / Re: Mod, please check new plagiarism: Reporting copy/pasting, please permban on: August 16, 2018, 08:48:02 AM
Thanks guys. It did look really suspicious but these spinners make it really hard to find. @krishnapramod how did you find that source reference?
2580  Economy / Gambling / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: August 16, 2018, 08:13:04 AM
How long is it going to be disabled for?

Until wetsuit has time to code up some things we are working on. If they work then we will be able to reverse it.



why do you refuse advertisements?

We used to run adverts and got rid of them for two reasons. Firstly the income dwindled to a tiny amount as advertisers switched away from incentivised sites. That's mainly due to bots as well, who wants to pay for a page impression nobody is going to see? The second reason is that the only advertisers left were dubious looking HYIP scams and we don't want our site to be associated with anything like that.



Take a look at this screen, here it is clear that I have all satoshi who got in free throws, lost in the casino.

My commiserations at losing the free money we gave you. The ban probably means you were doing something that made us very sure you were using a bot.



If I'm not wrong they completely blocked buying lottery tickets with free money which site is providing people. If not, their purpose will be defeated because they want to restrict people from buying tickets who are using bots to get free money.

If they allow users to buy tickets from free money after certain amount deposit then all bot users also can do the same.

That's pretty much it.
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