You only need to read a random thread in Bitcoin or Altcoin discussion to know the majority of people involved in crypto do not have the patience to be here.
There is also a big difference in the way people look at it depending on how long they have been involved already. A lot of people are experiencing this for the first time while others have seen it all before. Have a look back at the all-time price charts for Bitcoin and you'll see this pattern at least 5 times. After it goes parabolic upwards there is an almighty correction before it stabilises in a new higher price range. Before the late 2013 run up to $1200 we were all used to prices in the tens of dollars then after we settled into prices in the hundreds of dollars. After last years run we are now in price ranges in the thousands of dollars. Newcomers a quite likely not to have that perspective and just see the short term fall from the all-time high.
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Merit itself is a kind of reward for quality posts. Reports are not related to posting. I don't think that it's correct to associate them in any way (all the more we already passed through it). I did not consider in this way - there was a dialogue about the possibility or impossibility of implementing this without abuse. Even if it was possible to avoid abuse I don't think it is desirable. Merit is meant to mean that only deserving posters can progress up the ranks and giving merit for anything else defeats that.
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~ The numbers for the balance requirement change based on BTC price and the others based on how much free BTC you have won from free rolls.
Is the amount of money in my account changing every day? I mean, if I add money today at the request of the site, and I keep it in my account, do I need to more money into my account the next time I redeem the bonus points? Is there a specific amount of money I need to keep in my account? As I just said both the exchange rate and what you do on the site will affect what the amount is. Buying lottery tickets and wagering bring the amount down and free roll winnings increase it.
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I am having the same problem again~
I think you are still having problems understanding how it works. As fauwil just explained the "Stop betting after loss" is not for an individual bet it is for the session. So your session must have been in enough profit to allow it to place that last 0.00002560 bet which then took the session to a loss greater than 0.00000529 so it stopped.
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There are some merit sources who routinely give out 20 merits for meh posts, and I'm sure shitposters know this and follow this particular one I'm thinking of around the forum, wherever he goes, hoping they'll get some of his overly-generous merit grants.
From what I know of him he checks out their entire post history and if he decides that they are here for the right reasons and they have made enough deserving posts he will drop 20 on a single post. The post maybe meh, but I don't see him dishing them out to shitposters.
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How much do I have to keep in my account?
You should see this at the top of the free roll tab. Click on requirements to unlock bonuses and you'll see this. The numbers for the balance requirement change based on BTC price and the others based on how much free BTC you have won from free rolls.
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more than 60 activities. why i am still a Jr. member? is there any change in the rule now. please let me know... thank in advance Or just has not changed a two-week period, after which the title may change. I also have more than 60 activity, but I'm waiting on August 16, then I will be happy if I do not make mistakes ... Do you guys not read anything. The post above your 2 for example. Try reading the opening post of this thread to see if it has been updated with any new requirements.
What does it say in that opening post of this thread on the very first 3 lines?
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Well IIRC username: banker was used by an Indonesian scammer account farmer earlier. I don't find any related gambling accounts with that name now. Somehow I felt that this had some connection with that since both are Indonesian.
There is a user at crypto-games with nick https://www.crypto-games.net/player/bankerBut I think they probably just posted a name they saw earlier in the thread to build post count and activity as marlboroza suggested.
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Hello, I have a question. Why do I need to buy lottery tickets to be able to use my bonus points?
You don't. There are a lot of things you can do with your reward points. Only redeeming for Reward Points Bonus and Lottery Ticket Bonus are restricted. Other than buying lottery tickets you can also play Hi-Lo game or if you don't want to gamble just deposit the required amount and the restriction will be gone. This was done because those benefits were heavily exploited by botnets and we want to keep them available to our paying customers.
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What limits are on leveraging? What are your thoughts on this?
Leveraging just means that the broker is lending their client the most of the money to place a trade. The limits are set by the broker using their risk assessment, meaning that they have confidence they can close the trade out before the client doesn't have enough funds to cover their loss. How will it affect the price? Why would any investor be interested in this?
Leveraged products aren't meant for investors, they are hedging and trading vehicles. There is a lot more to the ICE announcement on Bakkt that could influence price in a positive way but leverage doesn't really matter. https://www.businesswire.com/news/home/20180803005236/en/Intercontinental-Exchange-Announces-Bakkt-Global-Platform-Ecosystem
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They abandoned this forum and gave up developing the site years ago. It wouldn't expect it to get fixed anytime soon.
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About the issue at hand, 10 BTC is far too much for anybody to donate. Lots of community members are waiting to see if there will be any change. It was stated many times the amount will not change and the reasons given have been accepted by some and rejected by others but time will tell which way donations might change.
There is only one person whose opinion matters and he has made it very clear that those community members waiting to see if there will be change are wasting their time.
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Would't be better if the price reflects the real effort to "create" (mine) the bitcoin, or the effort to support the network like the electricity costs + hardware investments etc.
It actually works the other way around. The price of Bitcoin decides how much it costs to mine. When the cost of mining is lower than the current market price everyone goes crazy buying more equipment and the push they network difficulty up. When the price falls, unprofitable miners stop and the network difficulty goes down. Supply and demand is what drives the whole thing, not mining.
I concede that high volatility is probably bad for BTC adoption, because it scares many people and not everyone is comfortable with investing a decent percentage of their net worth into an asset like this. But at a certain price point (e.g. when BTC goes up another 20x from here) people will be forced to reconsider their fear of a volatile asset out of simple self-interest. You canīt ignore it when all your peers are getting more wealthy due to BTC forever.
When the price is 20x what it is now it will take 20x as much money to move the price as well. It will naturally become less volatile as it matures and has a higher value.
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Maybe the verification process which I think requires that you reveal the name/address of your LLC directors gives it away.
Some tax havens require the directors to be locals meaning many people offer their services and are making a nice little income for signing a few pieces of paper. It might just be a coincidence that it makes it very difficult to find out who the real owners of the company are.
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If miners have the same power consumption and difficulty as today and you think mining cost floors the price then the price has to be 8 times higher than it is today for miners to break even. Which is circa $50k.
They won't. The market price of Bitcoin determines the network difficulty. If the price goes up then it is profitable to mine so more people will mine resulting in the difficulty going up. If the price goes down the miners with the highest costs become unprofitable and they will stop mining resulting in the difficulty falling.
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Forget about ETF's and focus on what's happening in the background with LN. It's safe to say that the ETF shithow has been taken up too much of people's attention lately. Seriously, two months ago no one gave a shit about ETF's and suddenly people act like Bitcoin badly needs it. Don't get me wrong, an ETF might trigger institutional adoption, but we have grown to where we are right now without ETF's and we'll continue to grow without them for plenty of more years. Did anyone here even pay attention to how madly powerful Bitcoin's network has become lately? Of course not. I wouldn't say ETFs are that important in themselves but you partially answered why they are part of something important. They will not trigger institutional adoption by themselves in the same way that futures markets didn't. But institutional investors do need these things to be in place before they really consider Bitcoin to be a viable asset. If that happens and we see large pension funds investing and even governments using it as a reserve currency that'll be the biggest surge in value of all. I'm not saying those things will happen but we can already see signs that mainstream financial institutions are getting interested ( the Bakkt announcement for one). Although Bitcoin is intended to be used as a currency adoption as a payment means probably has a far smaller impact on price than investors do. If a retailer starts accepting Bitcoin but then immediately sells it for fiat to pay its suppliers that doesn't increase demand. I would put the influence of the halving and decreasing supply as being less important than both of those things. There is an effect there but it is known factor and should really be priced in.
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But '...Trust on Wall Street usually means regulations, and lots of them'. And these regulations will definitely be applied to mixing services as well. And it's important to keep fungibility for bitcoin.
I've been thinking about this and I'm having difficulty in seeing how they can regulate mixing services outside of their jurisdiction. What makes it necessary with exchanges and the new service Bakkt is that it interfaces with Fiat. Whenever there is a transaction involving USD the US government can get involved. A mixing service not located in the US which is purely doing Bitcoin transactions is going to be difficult for them to justify any authority over.
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I think some of the new accounts that are being created here are done by newbies who doesn't have any bitcoin to pay for the Evil IP thing and that is the reason maybe they abandon their account.
I disagree. I recently created a new account (for a company project to be announced soon) and I did not face any IP restrictions by the forums, even though I already own two accounts here (disclosed on my feedback page). The Evil IP fee only applies to addresses that accounts have been banned on. So just creating a new account wouldn't mean you would have to pay. The spambots are using proxy services and when they sign up an account there is a high probability that it will be from an Evil IP address and they are asked to pay a fee which they obviously wouldn't. There was another thread looking at the stats here and they found 77% of recent accounts are still ranked Brand New.
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more than 60 activities. why i am still a Jr. member? is there any change in the rule now. please let me know... thank in advance Try reading the opening post of this thread to see if it has been updated with any new requirements.
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@Kprawn
I use Chrome and I've never seen the data go backwards before. As the others have said there can be delays in it updating and sometimes you need to refresh. Things like the roll history or anything that comes from the archive data servers is a lower priority than processing rolls and updating balances so that's why they sometimes take a few minutes to catch up.
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