Looks like a great game to be honest, but how does CFights make money from this?
Seems like there are some trading pairs which almost always favor one coin over the other. Wouldn't CFights lose money if most of the bets go to the stronger coin?
Do you have a FAQ that explains your house edge and revenue structure?
As pointed by @btcltcdigger, cfights will be charging 10% commision for all top ups and withdrawals. It's stated in their Terms & Conditions ( 3.3.8 ). The game is a PVP as stated in the OP so cfights won't be losing money if one wins over the other player.
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Hey, OP!
Please be informed that ecnalubma has already fully paid his/her loan from me. Got the final payment yesterday. TXID was sent through PM.
Thanks!
Quoting for reference. Table will be updated soon Done. Congrats
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Loan Amount: 0.005 Loan Purpose: Personal Loan Repay Amount: 0.0054 Loan Repay Date: on or before August 10 2020 Type of Collateral: None Escrow profile Link: None Bitcoin Address: bc1qw79y6547tjr49at5nmjhzc75r32n5stf9dkjkz
Pede rin altcoins since medyo may kataasan ang miner fee ng Bitcoin recently. Babayadan din agad, napa loan lang kasi yung bayad sa campaign minsan nadedelay.
Pwede ko pondohan ito kung ayaw mo ng TRX na offer ni malcovi2. I'll use 10 sats/byte as fee at malamang mag-confirm in the next three to five blocks. ~ Kunin ko na yung offer ni malcovi since siya nauna. Salamat sa alternative offer tho. Yup. No worries.
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Good read but it's a two-month old article so I'm not sure if the data used there is updated. I guess not because PH is still under "Low mobility, Low recovery" group. Our recovery rate spiked since IATF recently adopted the new method for classification suggested by DOH in its memorandum. When it comes to mobility, things were slowly going back to normal but another two weeks of MECQ starting tomorrow will slow down mobility again. The majority of countries in Southeast Asia such as the Philippines, Indonesia, Malaysia, Singapore are predicted that if it cannot boost the economy in Q3, the potential for depression is more apparent. The problem faced by the Philippines government and the majority of countries in Southeast Asia affected by corona is the lack of liquidity, so each sector can calculate but there is no money in the safe. Like a weapon ready in the cock but the bullet is not there.
Not that it's completely out of bullets since other projects (particularly infra) are still being pushed but yeah, the funds were stretched to its limits when the Government realligned/reallocated funds and then spent₱275 billion as initial COVID-19 response (Bayanihan to Heal as One Act). Right now, there's another bill (Bayanihan to Recover as One Act) that will allow the Government to set another ₱140 billion for socioeconomic and health programs. The government also widened the budget deficit caused by rising costs of national economic recovery due to pressure from the pandemic. With this condition, the government also took various steps to be able to finance the deficit needs. This is because current state revenues are also incapable because they are under pressure. The solution taken is generally through foreign loans because it is considered easier and cheaper than issuing state securities. Though often poor debt management and cause new problems later on.
As expected, state revenues won't be enough due to limited mobility. As to the foreign loans acquired and how it might be utilized, the Government managed to bring down the national debt prior to COVID-19 which also resulted to the country's improved credit rating. I trust our economic managers can continue to build on that.
I'm eager to see what's the country's GDP this second quarter. It's expected to be larger than first quarter's -0.2 percent. In an article, another economist predicted it to be at a -6.3 percent while the succeeding two quarters are projected to be at -5.8 percent and -3.5 percent, respectively. Not good to see the negative there but it's still a recovery. Next year's growth is projected at 3.5 percent, 5.7 percent, 5,8 percent, and 4.5 percent for the first to fourth quarters. I do hope the stimulus bills such as Corporate Recovery and Tax Incentives for Enterprises (CREATE Act), which reduces corporate income tax, will be passed soon for the Government's Four Pillar Recovery Program to be fully implemented.
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We have the worst Government in this time of Pandemic, It's not all about the President but the Government as a whole. what can you say about our situation for being the worst and also as the leading country on ASEAN that has a high number of Covid Cases. It's been months already and yet, jnstead of recoveries we are getting most of it, and our economy is already falling.
I'm assuming your "worst" comment is directed to how the Government has handled this ongoing pandemic and not other things. We started quite slow, and no other than the President admitted that, but that's mainly because we weren't ready in terms of facilities and equipment against pandemics. No previous Governments had taken the initiative to bolster our healthcare facilities before this current administration took over. We didn't even have an agency set up like the USA's CDC (Center for Disease & Control Prevention). Another reason why the slow start is the fact that we still belong to the 3rd world and we were not a top priority when it comes to acquiring PPEs. Because of the global shortage, Manufacturers/Suppliers prioritized selling PPEs to top nations (they most likely paid higher $). When it comes to making decisions and policies based on the what the Government had at the time, I think ours had one of the best team (IATF and not DOH) considering the resources that we had. Someone was patient enough to summarize what actions the Government did and I'm sharing the data below. Travel Ban:We had the first case reported on Jan. 30 and the Government banned travels from China (including Macau & Hongkong) on Feb. 2 in response. If we compare that to other countries, we are rather quick. Country | First Case | Travel Ban | Vietnam | Jan. 23 | Feb. 1 | Japan | Jan. 16 | Feb. 1 | Thailand | Jan. 13 | Mar. 11 | Singapore | Jan. 23 | Jan. 29 | Philippines | Jan. 30 | Feb. 2 |
First local transmission was recorded on March 5. The president declared this as a national health emergency on March 9. Lockdown/Quarantine:March 11, World Health Organization (WHO) declared COVID-19 as a global pandemic. Philippines' NCR was lockdown on March 15 while National lockdown was on March 17. Comparing it to the above countries again: Country | Lockdown date | Vietnam | Apr. 1 | Japan | Apr. 7 | Thailand | Apr. 3 | Singapore | Apr. 3 | Philippines | Mar. 17 |
The Philippine Government made a sound decision with the early lockdown to delay the spread and allowing our healthcare system to cope up (more PPEs, more equipment, more infrastructure has been bought/built since then). There are some people questioning why it wasn't done earlier (January) but can the Government really take such an abrupt decision without weighing in its economic impact? It's not that simple. Besides, there's WHO whom majority of countries based their decisions like what our Government did. Despite all of that, our cases keeps on increasing unfortunately. It's a combination of poor implementation, lack of money and yeah - citizen's stupidity that's causing it. With businesses slowly opening and public transportation increasing, the spread will only continue. Thankfully, the President listened to the call of some of our medical practitioners to go back to MECQ and give them a much needed "breathing space". When it comes to the economy, it's not "falling down". It has fallen down and it's on its way to (slow) economic recovery. Our country won't drop as we still have a good team of economic managers. Business stimulus program/package are also being discussed to allow our business sector get back on its feet. The Government also continues with its infrastructure programs (BBB) while fighting the pandemic. As much as I'd like to continue discussing the economic side (loans, GDP, etc.), I'm afraid it's not my area of expertise yet. I understand the basic but I would rather encourage you (and the others in this thread who are quick to draw conclusion w/o actually checking stats & figures) to read.
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~ So, arise in my mind and the question arises.....! [1]. Are there friends in this forum that are the same as my friends...! [2]. It's good, if we teach our brother or sister to bet in gambling like we have today....! [3]. Or we don't need to tell our families money from gambling and also we are not involved in gambling...!
1. You mean bitcointalk members with a family of gamblers? I can't say but I've also seen some families who are heavily involved in gambling. I don't consider them as successful though because of their debts. 2. I don't mind teaching them how to play poker/blackjack and other games but I won't force them to place a bet. 3. I don't think there's a need to hide it as long as you are not bothering them ( i.e. borrowing money to gamble or worst stealing from them)
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I roam around this forum although I seldom post and I notice that Bitvest and 777Coin upon checking are the two signature campaigns in the gambling industry with the longest campaign and with so many participants.
Check this thread to view the signature campaigns here - https://bitcointalk.org/index.php?topic=615953.0Other campaigns that have been running for a long time now are bustadice, yolodice, playbetr, crypto.game, bitcasino = Are they the only gambling sites that really make a profit from gambling = Why other campaigns only last 2 to 5 weeks why they cannot sustain = How can Bitvest and 777Coin sustain the campaign
1. Definitely not. Keep in mind also that they don't pay participants the same as the others. If I'm not mistaken, they're one of the campaigns with the lowest rate. 2. Probably because they only plan to advertise for a short time to test if they can get enough users here. If they're not getting enough traffic from the campaigns, they'll end it. 3. Like I said, they have one of the lowest rates. We can also assume that they are driving traffic that generates enough revenue to compensate for the marketing expenses.
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~ I quote: "Seriously tho the best way to trade shitcoins in a bull market is trend following. ~ Could anyone explain in a simple word, what did he mean?
That's all you need there. In a bull market, almost any chart you see is on an upward trend and any twitter trend analyst will look like an trade expert because they can pick any altcoin, draw some lines using indicators like MA or whatever, post image on twitter, then wait. I've seen that happen a lot of times in 2017.
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~ Probably this game will attract some traders, since it works like trading.
Yeah. This would also be perfect for speculators who like to debate to put their money where their mouth is. IMO stable coins will rarely win since it has a low volatile than others (especially altcoins)
Bad choice on a bullish market. Good choice on a bearish market. Coin flip on a kangarooish market.
@CFIGHTS MANAGER why not introduce this game to all "trade experts" and "trend analysts" all over twitter and youtube? It would be fun to watch them compete It was kinda slow in choosing opponents (maybe because there are only a few players) and when the "fight" was done, the results was kinda slow too.
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@Bodykeepers did you informed them about this thread? Four days past with two pages of replies and yet nobody from jacksbet bothered to respond. I think it's pointless to continue this discussion if they're not interested in explaining here. Thread should be locked imo. Back to jackbet.io, the site is not accessible at the moment.
Site is accessible on my end.
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I know, but what i mean, is to know few minutes before first confirmation that this tx is just being mined Only the miners would know I believe. You can estimate though if your transaction is nearing confirmation if you check the mempool size https://jochen-hoenicke.de/queue/ (see third table). The current mempool looks like this: Say for example you used 8+ sats/byte as fee, most likely your transaction will be added on the next block (4MB in 1 block). The mempool size changes quickly though. It's possible that others will send at a higher fee than yours. If they do, you'll probably have to wait longer.
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You'll know whether your transaction is confirmed or added to to the mempool just by checking on blockchain explorers like blockchair https://blockchair.com/
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~ Hmm, paying around 3$ (as we speak) for a 1 input two outputs tx to get in confirmed in the next block kind' of defeats the purpose of running away from the banks and their fees, isn't it?
If "no middleman so it's cheaper" is what you mean then yeah that kinda defeats it.
(To be honest, the Banking fees was much less than the Bitcoin (SegWit) miners fees, so that is still a bit of a problem)
This gives us an idea why the btc you transferred was confirmed faster than the bank transaction. If the fees used were the same, it's possible btc confirmation time would have taken the same or even longer than the bank.
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Thanks for your feedback. I am having the privacy policy and FAQ created now. The error seems to be an Instagram connection error, I will fix that. I understand what your saying about being new and people trusting us with money, but I've had issues withdrawing money on huge poker sites, they find every excuse not to pay out sometimes, so not sure what point you were trying to make, because big sites are the worst. I also know it will take time to build trust with players and So far every player has been paid out on request, check us out on Facebook for proof. I didn't invest all of my time and money to just rip people off, not my style. I want this site to be around for ever. Feel free to sign up and check out the game More than three days past and I still do not see these information. Not even a basic TOC which should have been in there prior to announcing your poker site and accepting players deposit. The delays somehow makes me question your sincerity to not rip people off. Do you even have a license to operate? Some sites ban players from certain countries because of legality issues. How about yours? Can you also drop the name of these huge poker sites which you claim as the worst?
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Jack Dorsey should hire that kid! Putting him behind bars would be a waste, but on the flipside that didnīt stop them to incarcerate other smart people. I doubt a big media coverage, it would just depict Twitter as not safe as people could expect additional security flaws. Iīm curious how they try to get the other kid that resides in the UK.
Lol. NO. Hiring that kid would be even more stupid and that would send a wrong message to all those who have fallen to the hack and scam. There's no doubt that he's good but I don't think he's one of a kind hacker. If Twitter is hacked by 3 teenagers, then Twitter security system is the crappy. And the funniest thing is that after hacking Twitter, they transferred the stolen cryptocurrency to their own accounts of the Binance and Coinbase exchanges. Teenagers are accused of being able to destabilize the political situation in the world, but no one blames Twitter for a shitty security system
Have you read how the hack was executed? It wasn't Twitter system per se but was some of their employees who had access to the Twitter admin panel who was compromised. It's social engineering. If you followed the story, Twitter pretty much got a lot of criticisms from the hack. Some government officials even stepped in.
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Today I bought something nice and I had to transfer the money via my Bank account to a Bank account at another Bank. I used the Banking App on the phone and I selected the "immediate" transfer option. (These types of transactions cost more than the 24 hour transfers at my Bank) I hoped that I would be able to take ownership of the item within a hour, but it only went through 3 hours later. If both accounts (sender/receiver) are registered under the same bank, the payment will probably take minutes to reflect on the seller's account. Interbank transfers really takes more time. Just before this transaction, I transferred some bitcoins to my Stake.com account to gamble a bit and the same transaction was confirmed more than 3 times within a hour. A lot of people are complaining about slow confirmations with Bitcoin, but even local inter Bank transactions takes longer than Bitcoin these days. We are not even talking about International transactions between countries, that might even take longer than 3 hours. It's more like people are complaining about the fee rather than the confirmation time. If they really wanted it faster, they could always pay higher and it will confirm in 10 mins or a bit more. Can you share how much fee did you pay for your bank and crypto transactions?
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Not surprising. The use of coinjoin/mixing services is the new getaway for hackers since centralized exchanges are more regulated now and often asks KYC. They've been using it more and more since 2019 as shown in the study made by Chainalysis I wouldn't be surprised also if we see another round of posts/articles accusing mixers/coinjoin services of aiding money laundering. I believe Chipmixer, being centralized, is also capable of blocking those btc's if they wanted to but that would put a huge dent on their reputation.
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~ Nobody can really answer that seriously IMHO. But one thing is for sure, it's good for using : the fees are way cheaper than Ethereum.
ethereum is cheaper? oh god I think you have never tried transactions using altcoin like Tron, you should try it because when making a transaction, you can use the Tron option because in some gambling places already provide transactions using Tron, try comparing Tron and Ethereum to make withdrawals from gambling places to your wallet. You must be sleepy or just to excited to type. Read that part again. If that's not clear yet, @Saint-loup said Tron fees are way cheaper than Ethereum. We're going off-topic here and our comments could be deleted soon but oh well...can't help it when I see such comment.
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I think you should really mention KYC when reviewing casinos because this is one of the reasons why gamblers are turned off just when they knew the casino asks for KYC.
I don't think this is necessary because all legitimate centralized online casinos have a " we have the right to ask for verification if necessary" clause in their TOS. It's just that some casinos asks for KYC more often than the others. ~ I don't know TronLink. It works like metamask for TRX?
Yes. Metamask connects to Ethereum dapps. Tronlink connects to Tron dapps. I just want to ask those who are into TRX. Do you think it is a good choice to buy some TRX? I am not really into the big investing of cryptos but rather possibly just buy a thousand or 2 of the TRX and just save them until it goes to the moon? I am not really well educated with Justin and his creations and how this fares to other cryptocurrencies. Maybe some of you would want to give some basic advise at to what is TRX good for? Is it good for staking, trading, investing and others. I want to know more about TRX from the experiences of other TRX supporters.
This is probably the wrong thread for you to ask. Open a topic (or read) on Altcoin Discussion board.
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