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261  Economy / Games and rounds / Re: 🎡 GOSU Roll Hunt 🎲 $500+ Dice Contest 🎲 72 hours! 🎡 ⭐ BTCGOSU ⭐ on: December 08, 2020, 05:50:52 PM
BC.GAME

Username - Prize Langston (my dog has better name)

Bet One:
Bet ID: 6028497701046279
Server Seed: 78ff586e378bfe43524e85427258feda66547bee56bcce84fb1c18f4f6c47e7a
Server Seed (Hashed): a73f35ce99c738b4aab161b5566096fd0950793db150d60f52b6b30fc9b8f646
Client Seed: webbyongosumode
Nonce: 2055

Bet Two:
Bet ID: 6064884663980224
Server Seed: b4eb9c9e379bd4cfd8e29a7432000dd3405df46b0937a6f87c244d616e2cafdd
Server Seed (Hashed): d1dbf39e0f741d1e1b92639cea54a95d2981313b4275d4264401d8ba3d5587ac
Client Seed: webbyongosumodeday2
Nonce: 4288

Bet Three:
Bet ID: 6064884663982509
Server Seed: b4eb9c9e379bd4cfd8e29a7432000dd3405df46b0937a6f87c244d616e2cafdd
Server Seed (Hashed): d1dbf39e0f741d1e1b92639cea54a95d2981313b4275d4264401d8ba3d5587ac
Client Seed: webbyongosumodeday2
Nonce: 6573

Bet Four:
Bet ID: 6064884663985931
Server Seed: b4eb9c9e379bd4cfd8e29a7432000dd3405df46b0937a6f87c244d616e2cafdd
Server Seed (Hashed): d1dbf39e0f741d1e1b92639cea54a95d2981313b4275d4264401d8ba3d5587ac
Client Seed: webbyongosumodeday2
Nonce: 9995

Bet Five:
Bet ID: 6064884663986396
Server Seed: b4eb9c9e379bd4cfd8e29a7432000dd3405df46b0937a6f87c244d616e2cafdd
Server Seed (Hashed): d1dbf39e0f741d1e1b92639cea54a95d2981313b4275d4264401d8ba3d5587ac
Client Seed: webbyongosumodeday2
Nonce: 10460




CHIPS.GG


Username - webby (that's me)

Bet One:
Server Seed: b318a0e6b076203df416b55cf2b898c66a1b75dd8883fd356e8a557a1fe510ec
Server Seed (Hashed): 69f29bdf9acb3dcf60c20a4fb3c7704dec882dde8f79b161faf08cdf2964cd11
Client Seed: WebbyOnGosuModeDay2
Nonce: 14436

Bet Two:
Server Seed: b318a0e6b076203df416b55cf2b898c66a1b75dd8883fd356e8a557a1fe510ec
Server Seed (Hashed): 69f29bdf9acb3dcf60c20a4fb3c7704dec882dde8f79b161faf08cdf2964cd11
Client Seed: WebbyOnGosuModeDay2
Nonce: 20055

Bet Three:
Server Seed: b318a0e6b076203df416b55cf2b898c66a1b75dd8883fd356e8a557a1fe510ec
Server Seed (Hashed): 69f29bdf9acb3dcf60c20a4fb3c7704dec882dde8f79b161faf08cdf2964cd11
Client Seed: WebbyOnGosuModeDay2
Nonce: 20973

Bet Four:
Server Seed: b318a0e6b076203df416b55cf2b898c66a1b75dd8883fd356e8a557a1fe510ec
Server Seed (Hashed): 69f29bdf9acb3dcf60c20a4fb3c7704dec882dde8f79b161faf08cdf2964cd11
Client Seed: WebbyOnGosuModeDay2
Nonce: 21168

Bet Five:
Server Seed: b318a0e6b076203df416b55cf2b898c66a1b75dd8883fd356e8a557a1fe510ec
Server Seed (Hashed): 69f29bdf9acb3dcf60c20a4fb3c7704dec882dde8f79b161faf08cdf2964cd11
Client Seed: WebbyOnGosuModeDay2
Nonce: 22431
262  Bitcoin / Bitcoin Discussion / Re: Your opinion on bitcoin holder tax from Indian government Income Tax on: December 07, 2020, 05:07:02 PM
It's absolutely ridiculous to tax people on their profits out of bitcoin investment and how can they do it as it stalemate sort of think for crypto in India wherein nether they have termed it legal nor illegal.

It doesn't matter. As per income tax act in India, you have to pay taxes on all types of incomes - legality doesn't matter. Even if you are engaged in drug selling business and get caught, you are still required to pay taxes on your income first and then you are proceeded with criminal trial. I was searching for the exact lines from my old tax books and finally found it:





even if they want to tax then on what basis they are going to decide the tax amount as investors might not just store his fund idle, whether profit or loss the user will keep reading or shifting to different coins wherein they cannot accurately decide a taxable figure and this will lead to chaos.

Actually it won't lead to chaos. Income Tax Act is very flexible in regards to traders. If you are doing large number of trades, shifting between coins every now and then, then there is a provision of 'speculative business' in the Act. You don't have to calculate exact amounts of profits, just take the total of all sales value and all purchase value, deduct the total of sales from the total of purchases and the net amount is your speculative profit if it's positive.

Note: Only short-term buy/sell transactions can be considered for speculative business. If you are holding coins for over 3 years then you can't mix those with speculative business and have to pay Capital Gains on the profits of those coins separately.



But hey look at the bright side. At least one more country supports cryptocurrencies now. Who knows, maybe 30% might not come true at all since people are just anticipating it anyway.

Actually article is slightly misleading. No one is saying cryptocurrencies are going to be taxed @ 30%. Cryptocurrencies so far and I expect in future are be considered as any normal trading instrument. So if you are holding it for more than 3 years and then sell, the tax rate is 20% (20.8% with cess). If you sell it within 3 years, the tax rate depends upon the total income you earned. The lowest tax slab is 5% (5.2% with cess) to the highest of 30% (31.2% with cess).



PS: If anyone wanna read in-detail thread about taxation of cryptocurrencies in India as per current situation: https://bitcointalk.org/index.php?topic=5206607.0
263  Local / India / Re: Do you have a KYC verified account on Indian exchanges - read this! on: December 07, 2020, 09:48:08 AM
Yeah! This is the most appropriate thing authorities can and should do.

Exchanges are meant to buy and sell cryptocurrencies for fiat (Indian Rupees here). Whenever a company is dealing in Indian rupees, it has to comply with the conditions of using the currency.

In India, financial organisations are required to ask from PAN card for all of their clients. PAN Card is a single identification number which is used to track all financial transactions of an individual and more importantly stop any kind of tax invasion.

Whenever, a new liquidity is injected in the economy by individuals/companies, it is subject to taxation. So if I bought btc for Rs. 10,00,000 and sold for Rs. 15,00,000, I am injecting Rs. 5L in the economy which is subject to taxation. There is nothing wrong if authorities ask data from Exchanges and hunt down the defaulters themselves if people aren't paying taxes.

If someone wanna avoid taxes, the first thing you should do is stop using exchange at all. Buy btc from p2p exchange or other OTC medium, use non-custodial wallets. Use bitcoins in complete anonymity or pay tax, as simple as that!
264  Economy / Gambling / Re: Betnomi Poker Series $1000 (OPEN to ALL) on: December 06, 2020, 07:59:51 PM
This one has to go down as the most insane tournament I ever played! I hardly got 3-4 quads in the first four bitcointalk series but got 3 in a single tourney today:





If that was not enough, check out this insane hand!! It is definitely the most insane hand I ever played, it has to be! Four players having pocket pairs, four way all-in! Then a pair landed on table too. There were high chances that someone may hit set but I was able to take the pot with my Aces.





When the whole tournament was going like a crazy ride, why should the final hand end in an uninteresting manner? Well, it didn't! It was my QQ against Yahoo's K10 in the pre-flop. Yahoo got his stronger pair on the flop, however, I was still tripping over my QQ and thought he's bluffing and called. But when he went all-in on turn, I realized I made a mistake and he's holding pair of Kings. But it was already too late, I was big stack into the hand so I called his all-in and guess what I got my set of Queens with staggering odds of 4.55% on the river:




If that wasn't insane enough. I got pocket Aces twice, pocket Kings twice, pocket Queens once, pocket Jacks twice, pocket 10s once, pocket 9s twice, pocket 8s once. Wow and just wow!!
265  Economy / Games and rounds / Re: [Round 3] Adkinsbet.com 40mBTC Weekly Promotion - Predict The Right Score on: December 04, 2020, 06:38:19 PM
 1 - 1

webby
266  Economy / Games and rounds / Re: Betnomi – Top Leagues Predictor – 1 BTC main prize - 3rd edition on: December 04, 2020, 06:37:33 PM
1.  Burnley FC vs. Everton FC - X
2.  WWest Ham United FC vs. Manchester United FC - 1
3.  West Bromwich Albion vs. Crystal Palace FC - 2
4.  Tottenham Hotspur FC vs. Arsenal FC - 1

5.  Sevilla FC vs. Real Madrid - 1
6.  Granada CF vs. SD Huesca - X
7.  CA Osasuna vs. Real Betis Balompie - X

8.  DSC Arminia Bielefeld  vs. 1. FSV Mainz 05 - 1
9.  FC Koln vs. VfL Wolfsburg - 2
10. Werder Bremen vs. VfB Stuttgart - 2

11. Hellas Verona FC vs. Cagliari Calcio - 1
12. Parma Calcio 1913 vs. Benevento Calcio - 1
13. Udinese Calcio vs. Atalanta B - 2
14. UC Sampdoria vs. AC Milan - X

15. LOSC Lille  vs. AS Monaco FC - 1

Betnomi username: webtricks
267  Economy / Gambling / Re: Stake.com - Casino & Sportsbook - Lambo Giveaway! ⚾ on: December 04, 2020, 06:22:53 PM
Just your standard 5 million multiplier



Give this unbelievable win a retweet and after the weekend has finished, we'll giveaway some bonus credit to one lucky player! Good luck!

https://twitter.com/Stake/status/1334720294855045120

Just noticed this tweet in my Twitter feed and couldn't help but come here to write about it. 5,000,000x is insane.  Shocked



What a lucky guy! He won 1 BTC with 20 sats?! I wish I will be as lucky as him one day  Grin.
But you are right, even when playing this game 5000 times, you will not even get close to this kind of multiplier.
Not only 5000 times, even you have played for 1 million times, you still can't be sure you can hit that. If you thinking 5000 times already big enough, it would only cost you 0.001 BTC which still very low amount.

Let me post the exact number for you guys so we can really understand how insane is this hit! The winner was playing with 13 mines. To get all gems, he had to pick 12 correct tiles in the row without clicking any mine. There are total 2,490,952,020,480,000 possibilities of how user approaches to click the randomly set tiles. Among these many possibilities, there are only 479,001,600 possibilities in which user will be able to get 12 gems in a row. Putting in other words, this is 1 in 5,200,300 probability.

So you have to play 5.2M times to get this multiplier! Hitting such multiplier in first attempt has just 0.0000192296598% probability. You still have just 0.096148299% chance of hitting this multiplier in 5000 attempts. Getting this multiplier in 1M attempts still has just 19.229659% probability. Insane!



OMG! Is this a 5M multiplier? Wow! That's such a massive win!
The Lucky guy turned 20 satoshis into 1 BTC. Congrats man.
Is this high figure multiplier aslo available on other games like dice?

Nope. You can't hit 5,000,000x on dice. Maximum multiplier possible on dice is 9900x when you roll over 99.99 or below 0.01 which has 1/10000 chance of happening.
268  Economy / Gambling / Re: Betnomi Poker Series $1000 prize pool minimum on: December 04, 2020, 05:19:03 PM
~
Hit my second ever Royal flush, opened AQ of diamonds and I believe Betwrong jammed from the BB, I flopped a flush I believe and rivered the royal.

That's right, the Royal Flush it was.

~img~

What a hand, man! Not just a "good hand", but the best hand ever possible! Congrats to you and everyone who saw it! For a poker player, seeing a Royal Flush is like seeing the Northern Lights, it is so beautiful and rare.

Congrats to the winners! GG, everyone! Smiley

Went to register for the Sunday tourney and noticed that a turbo was going on with the buy-in of $1.2. Joined in and made to the final table. Got Royal Flush on the final table:



Pity that no-one called on river so didn't make much on the hand. But I guess Royal Flushes are not Northern Lights on Betnomi, I usually see one popping-out in every tournament. Imagine if players start getting these many royal flushes on SwC cash table, jackpot would be claimed every now and then. Cheesy
269  Bitcoin / Bitcoin Discussion / Re: Different opinions about bitcoin on: December 04, 2020, 07:57:23 AM
Some people say bitcoin is like gambling (my answer: they have no understanding of bitcoin and the more empty the brain, the more open the mouth)
Bitcoin by nature is a currency. But there is nothing stopping people from using it for gambling, as you can use any other currency for gambling. For example you can enter Forex market and gamble on each fiat currency too but that doesn't turn fiat into "gambling"!

Exactly! Bitcoin is only volatile in terms of other fiat currencies. Why should we consider USD as the base currency to measure bitcoin's volatility when USD itself isn't very stable and fluctuates in terms of other fiat currencies whenever US economic conditions change?

So the best way to estimate a currency's worth is from its real value, known as 'Purchasing Power'. Keep every currency in isolation and calculate the purchasing power for each i.e. goods and services which can be bought from single unit of the currency. I bet bitcoin will have the highest purchasing power (in fact the only with positive PP compared to fiat currencies) in last 10 years.

People bad-mouth bitcoin as a risky investment. But in reality, if you are saving fiat currency from your salary every month, you will lose the value after 10 years due to inflation and reducing PP. However, if you save bitcoin every month - who knows how rich you will be in 10 years!
270  Other / Meta / Replies counts are wrong in Indian Section on: December 04, 2020, 06:51:42 AM
Don't know about the other sections as I haven't noticed them but the number of replies are being wrongly showed in Indian section since last several days. I am not very sure about the views count but guess views are also off for few threads.

I am attaching the screenshot here, marked the wrong reply counts with the red circles:



Some are off by 1, some are off by 2 and some even by 5 replies.
271  Economy / Gambling discussion / Re: Do you verify every bet as a gambler? Provably Fair Guide. on: December 04, 2020, 05:51:41 AM
one of the most helpful thread i've read not only that but also the link on your personal text i even visited that, this is really helpful for the community and for the newbie user of the cryptocurrency.

I am glad you guys are finding the thread helpful. However, the link in my personal text i.e. NotYourKeys.org is not my site. Credit where credit's due - the site belongs to the forum user - 'cryptosec.info'. He posted the ANN here: https://bitcointalk.org/index.php?topic=5287314.0.

I noticed the site in mk4's personal text, opened it and find it very interesting. Single page, simple explanation on the importance of using non-custodial wallet. So, I added it to my personal text as well.

Few days later, the user even created avatar and personal text campaign for the site here : https://bitcointalk.org/index.php?topic=5292109.msg55653235#msg55653235
272  Other / Meta / Re: Forum advertising DeFi totally-not-scams on: December 03, 2020, 04:59:15 PM
But seriously, there have been very legitimate DeFi's getting "hacked" and whatnot. I think the smart contract part is giving some people false sense of security (your keys etc). In reality, even if there is no hack or backdoor, on top of the usual investment scam - buy some useless token and watch it getting dumped - there are also the risks of leveraged lending etc. There is no magic money making machine. This latest wave is more elaborate than your usual pyramid/ponzi/lending/arbitrage/etc scam but it's a scam nonetheless.

You are forgetting the most important risk associated with DeFi - 'rug pull'. None of the DeFi platform is safe from this attack especially yield farming ones. Since liquidity pools are automated, anyone can dump the increased supply of one token and take out ETH/stable coins in seconds. Unlike normal makers market where dump is sustained at various support levels, price of dumped token in liquidity pool will instantly fall by 95-99%.

We saw in last couple of days that even audited yield farming platform Compounder turned scam. So yeah, not only 'smart contract' but 'audited smart contract' part is false sense of security as well. Even though the auditors of Compounder, Solidity Labs confirmed the possible vulnerability in the contract but they didn't disclose the impact of vulnerability clearly. As a result, liquidity providers didn't pay much attention and the creators of Compounder replaced the audited code, minted new supply of CP3R tokens, dumped the tokens and took the entire supply of ETH and stable coins worth $11M out of the platform.

Even DeFi platforms having smart contracts with no backdoor aren't safe. Consider two yield farming platforms - A and B. The native token of A is AAA and of B is BBB. Suppose A is providing very high APR in AAA/BBB pair. Investors will put huge liquidity in this pair. Now suppose, the APR on platform B suddenly rises very much. Then the investors on platform A will dump their AAA for BBB. This will instantly kill the price the AAA even though there is no bug or scam attempt. This is another form of rug pull, happened in the case of Kimchi if I remember correctly when the APR on TEND platform rose. Investors dumped KIMCHI for TEND and guess what both coins suffered, KIMCHI almost lost 99%.

Thought initially as a lending/borrowing solution, that's what DeFi turning into.
273  Other / Beginners & Help / Re: A New Scam Strategy (Btc Refund Department) on: December 03, 2020, 06:34:55 AM
And that being the case I really haven't ever heard of such a thing as a Bitcoin refund department. Don't get me wrong it might exist or be legit... "Might" so I will advice you to chill a little, ask questions thoroughly about this matter from true professionals, so as not to get scammed a second time.

Nothing like BTC refund department exists. It's actually ridiculous to read such things. "Bitcoin under my name" - LoL. People are just taking advantage of others who aren't very savvy about bitcoin. One of the reason for that is the use of custodial wallets (especially web wallets). These wallets make you think that you are holding bitcoin in your virtual account associated with your name just like PayPal. Such users are easy target for scammers with such schemes.

"Synchronise my wallet with the address that the amount is under my name" - I am pretty sure the scammer will give him the 'Extended Mater Public Key' so that it appears to the user that he is in control of bitcoin and addresses in the wallet but those are just watch-only addresses. Sending any money to those addresses is simply putting money into the pockets of the scammer.
274  Local / India / Re: What is the relation between Wunderbake and Wazirx. on: December 03, 2020, 06:03:47 AM
It is not Wunderbake, the actual name is - Wunderbaked Technologies Private Limited.

WazirX and Wunderbaked Technologies are not related companies. Wunderbaked is the fintech company which provides banking APIs to other tech companies so that they can automate their banking operations. Wunderbaked works under the brand name 'Hypto'. You can visit: https://www.hypto.in/ to know more.

WazirX uses Hypto APIs to make automated withdrawals to the users' account so that withdrawals are instant. That's why you see Wunderbaked Technologies Pvt. Ltd. on every withdrawal received from WazirX.
275  Economy / Games and rounds / Re: [Vote 2020] Best Bitcointalk Interview on: December 02, 2020, 07:09:33 AM
Just spent 20 minutes reading Gregory's interview. Although I haven't read most of the interviews but can't imagine any other would be as good as this one. So my vote goes to:

Code:
gmaxwell



So, are there two voting rewards now or the new one is substitute to the old? If there are two then I would suggest you to follow LoyceV's alternative for picking both rewards. '2+interview' number doesn't make any sense especially when there is already a potential winner leading by big margin and people can easily ascertain the winner. If you think replying to my post will derail the thread, quote me in DISCUSSION thread.
276  Other / Beginners & Help / Re: How should I cash out now that Coinbase wont allow me to? on: November 30, 2020, 05:59:39 PM
There are several exchanges which provide crypto to fiat withdrawal, naming few - Kraken, Gemini, Bitstamp (not endorsing any). You can check if these exchanges support your country. If yes then get your KYC done like Coinbase and sell your coins.

Alternatively, I would suggest you to use P2P Exchange for selling your coins. You can use P2P exchanges like LocalBitcoins, Bisq, LocalCryptos to sell coins directly to the reputed buyers from your country and get money in your bank account. Using P2P exchange has an advantage that you don't always have to fulfill KYC norms.

277  Economy / Gambling / Re: SatoshiDice is not Provably Fair betting on 1000x on: November 30, 2020, 05:46:13 PM
I probably didn't see enough reason why you think they are lying. Is it because of this:
Good day!
The games at satoshidice are 100% provably fair, and you don't have to take our word for it; you can independently verify the fairness of every single game you play by following the instructions at the 'Provably Fair' link at the top of any page on our site.

Doesn't that really verify the fairness of games played on the site, or is it not the proper way to verify the site's provable fairness.?

'Provably Fair' link only shows the hashed and unhashed server seeds for each day. It doesn't explain how user can independently verify his own bets, nor does it provide any link to the script.
278  Other / Beginners & Help / Re: Withdrawing bitcoin from exchange. on: November 30, 2020, 07:20:47 AM
Trezor is a HD (Hierarchical Deterministic) wallet. The following terms are commonly used when we talk about HD wallet:

  • Seed Phrase - Also known as Recovery Phrase or Mnemonic Seed
  • Private Key
  • Public Key
  • Bitcoin address - Also known as hash of public key

Your wallet generates a random seed phrase and gives it to you when you get started with the wallet. Then the wallet uses various hashing algorithms and fixed standard to generate private keys hierarchically from the seed phrase. In the simplest words, hierarchically means adding a sequence number to the input to generate the private keys. For example, 0 is used for first private key, 1 is used for next private key and so on.

In short, we can say your wallet can create billions of private keys using a single seed phrase by just incrementing a number in the input. Then all private keys are stored in the wallet.

Now, when you request a bitcoin address from your wallet, it will take the first private key, create public key from it using Elliptic Curve Multiplication. Then create a hash of public key and give it you. That hash of public key is known as Bitcoin address.

You can use same address any number of time (although it isn't consider very privacy-friendly). Alternatively, you can request a new address and your wallet will use second private key, create second public key from it using ECC Multiplication, hash it and create second address.

This happens everytime you create a new address. So each address belongs to different public and private key pair.



PS: I am preparing a detailed thread which will explain how the entire conversion from seed phrase to bitcoin address happens in most simplest words so everyone can understand the technicality. The thread will be up by next Sunday. In the meanwhile, if things are still unclear to you, you can ask further.
279  Economy / Gambling discussion / Re: ⚽ BitcoinPRBuzz.com's ⚽ Spanish La Liga ⚽ Football Pool Discussion Thread on: November 29, 2020, 04:07:02 PM
What a match to enjoy for the Barca fans! I was so used to see such Barca dominance till couple of seasons ago. Barca used to easily win matches at home with 4-NIL, 5-NIL or even 8-NIL scoreline. Kudos to Koeman for trying a brave move and playing such an attacking team. Barca back with 4-3-3 formation and it paid off!

Griezmann was magically good today! It finally appeared that two of the 'Ballon d'Or Final 3' are playing together. Well, what can we say about Messi - his first game of the season as Messi. Creating 3 goals out-of-nowhere (one got disallowed), scoring a banger from outside the box, those angle passes to Griezmann and Braithwaite from the right wing, those over the top balls for Alba and Coutinho. A usual day at office for Messied-Messi.

Well, we all know why this match would be remembered - the biggest football icon of this century giving tribute to the biggest football icon of the previous century:



enthralling to watch!!
280  Economy / Gambling / Re: Betnomi Poker Series $1000 prize pool minimum on: November 29, 2020, 12:57:18 PM
Guys it's Sunday, don't forget to turn it into fun day. Make sure you have registered for today's tournament.
I have not received the password yet and to be honest I am not sure whether at least 9 people will gather today.

PM sent with password! I would recommend you and everyone interested in series to join Telegram group, link: https://t.me/joinchat/D3zX7RyPmWmJEhuY8T92sw

Password is posted there immediately after the tournament is created.
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