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2761  Economy / Exchanges / Re: Bitfinex Announcement - Canceling All U.S. accounts. on: October 18, 2017, 03:27:04 PM
Great! At least now, we can be sure that there will be no American FBI seizure of the Bitfinex servers. BTC-e also should have done this, but they were very complacent and thought that the FBI would never catch them. Remember the seizure of Alphabay? When they were only catering to the users from the former USSR, they didn't had any issues. But when they started accepting customers from the United States, the site was seized by the FBI.
It's still very appalling that the US can just shut down any service even though it's not even located in the US.
Reminds me of their actions against Megaupload.

What actually happened with the coins people had on BTC-E? I mean, a lot of people had coins on there that they had legally acquired, so the US just gets to keep everything?

Are there other exchanges we need to worry about?
2762  Economy / Gambling discussion / Re: Invite Only Bitcoin Casinos? on: October 18, 2017, 03:12:35 PM
Weird thing to say, I've never even heard about invite-only casino's except maybe for really special kinds of custom betting targeted at really wealthy individuals.

There are enough honest casinos to choose from, if you find one that's been in business for a couple of years there's a good chance that they're actually legit, you know.
2763  Economy / Gambling discussion / Re: Should I try to win back my loss? on: October 18, 2017, 03:03:50 PM
Okay, I was impulsive
Deposited 0.1BTC
But didn't go with 0.06, I was going with the same 0.000001 and Martingale until I win 0.03
Seemed okay, +30% which would be a 1.3 bet after losing 16 bets in a row
But
Lost 17 bets again o.o
http://prntscr.com/gyydsp

Am I really that unlucky   Shocked
Should of cut losses right away  Cry
Still have the bonus, I'll report back, but doing x40 won't happen lol
I think you made the right choice there by not playing any more after that last loss.
If I were in such a situation, I'd also be tempted to deposit more at first perhaps, but I would ultimately decide to quit playing for a couple of days at least.

Nothing worse than continuing to play when you're on a losing streak.
2764  Bitcoin / Bitcoin Discussion / Re: Former Fed Chairman Ben Bernanke Believes Bitcoin Unlikely to Succeed on: October 18, 2017, 01:11:58 PM
He's a former chairman of the Fed, seems pretty obvious that he doesn't believe in something that's actively competing against fiat currency.
Besides that, it's more of the usual stuff, against Bitcoin but talks very positively about blockchain technology.

Also notice how he's very much in favor of Ripple...
2765  Economy / Trading Discussion / Re: Day Trading or HODLING on: October 18, 2017, 11:56:10 AM
My strategy is to hold, it is less stressful in my opinion.

Day trading can earn good profits but it is time consuming. I have a day job and can’t be on the trading screen watching the whole day, doing research and analysing the market.

Yeah same here, I just don't have the time to learn about it and actually do it every day and the possibility of making losses due to bad trades makes me think that it isn't really for me anyway.

Also, I'm not too keen on keeping large amounts on exchanges, doesn't seem like a good idea, but for day trading it's a must.
2766  Bitcoin / Project Development / Re: Cryptocurrency vs Subscription on: October 18, 2017, 10:16:59 AM
I think that in this case a subscription model would be a lot better than issuing tokens to exchange for time.

It's definitely not guaranteed that an ICO would bring you that much more popularity, I mean your tool is also probably meant for a niche market.
You'll just disappear amongst all the other ICOs that are already out there.

You would also need to advertise your ICO to get enough funding, wouldn't it be better to spend that money on advertising your subscription based service?
2767  Economy / Service Discussion / Re: Signature Campaign and Reward on: October 17, 2017, 01:07:39 PM
I've definitely earned a lot mora than 1 Bitcoin through my signature campaign and I've been in the same one for years now.
Don't know how much I've earned in total over the years, but I reckon it would be more than 5 BTC for sure.

Been a member at times when Bitcoin was trading under 1000 dollars, so you got a lot more back then.
2768  Economy / Economics / Re: Generating Passive Income on: October 17, 2017, 12:39:05 PM
There is no actual passive income in online business models.
You need at least work few hours a day to get paid.
That's a very short sighted answer and completely incorrect, you have numerous forms of online passive income.

Investing in a gambling site is definitely passive income, I'd even say that income earned through referrals is also somewhat passive.

Buying coins and waiting for them to increase in value over the long term is passive.

You could also invest in running a masternode, but it's pretty expensive, at least if you want a Dash masternode.
I'll post a few links.

https://steemit.com/masternode/@geodesix/masternode-passive-income-for-all
https://themerkle.com/running-a-masternode-is-an-excellent-way-to-earn-passive-income/
2769  Bitcoin / Project Development / Re: CoinTracker – Mint for Crypto on: October 17, 2017, 11:30:58 AM
It seems like there are only 4 coins supported when you click on 'Add local wallet' in the dashboard?

The website looks really good and I'm interested in seeing how the statistics look once I can add my altcoins.
There's no option to add Dash or Factom for example? 

2770  Economy / Gambling / Re: ★Crypto-Games.net ★ 10 coins ★ 7 games ★ Since 2014 ★ Largest Crowdfunded Casino on: October 16, 2017, 04:55:11 PM
Anyway, especially if you're just a player, it's always better that you just keep those coins in a wallet of which you control the private key, right before a fork I mean and just do it yourself.
It also saves CG from some work, they have to send out those coins manually, at least they did with the previous fork.
Both 2x and Gold currently lack replay protection, which is a mess to handle for everyone, regardless if you only have to manage your own wallets, or those of 400 active users.
Oh yeah, I did read your previous posts Wink
I meant that if replay protection was in place, it's generally better/safer to rely on yourself to handle the fork.

CG doesn't have to give you those forked coins, if they decide it's not worth all the trouble, they're entitled to keep them.
I'm pretty sure there have been a few exchanges and online wallets that have just kept the latest forked coins (BCH)
2771  Economy / Service Discussion / Re: [UPDATED LIST] Your Favorite Crypto Websites on: October 16, 2017, 03:23:01 PM
Hey aren't you forgetting YouTube channels there? There are some very good channels that provide a good source of information. I can contribute with some, if you want to list them as well. As for Research sites, I mainly use the ones you already have there, but sometimes I also use this one:

http://news.8btc.com/

I've already mentioned this, but I think my post got overlooked.
And yeah 8btc is a pretty good source for news from China indeed. Their website loads pretty slow for me however.

I know you're making list of websites, but it might also be a good idea to also add certain high quality Youtube channels.
There are a ton of really crappy ones, but there are also some really useful ones that people like to watch instead of visiting a news website.

The Cryptoverse is definitely one of my favorite Youtube channels:
https://www.youtube.com/channel/UCLnQ34ZBSjy2JQjeRudFEDw

Anyway, it's just a suggestion, since all websites that I would have mentioned are already listed Tongue
2772  Economy / Gambling / Re: ★Crypto-Games.net ★ 10 coins ★ 7 games ★ Since 2014 ★ Largest Crowdfunded Casino on: October 16, 2017, 03:16:27 PM
will the site be crediting bitcoin gold or segwit2x coins to btc balances?

 Taking all these things together, there's still a lot of if's, when's and maybe's. Some of those might change heavily and rapidly in the next days (at least this is my assessment).
I wouldn't expect an official announcement from CG before all important aspects are fully cleared.
This includes a firm forking date (block or timestamp), a binding statement about any premine, as well as working replay protection.
As long as these things aren't checked out, the decision about if and how CG proceeds regarding BTCGPU might still change.

I'd expect them to handle the fork similar to Bitcoin Cash, and proceed with distributions, as long as the circumstances allow it and a distribution seems reasonable.
This.
Until there's so many if's we can't say anything for sure. Keep in mind we distributed Ethereum Classic and Bitcoin Cash to our investors in the past. If everything will be cleared, we'll do the same to following forks.

Haha, good luck with that, at this rate, you'll be distributing these 'airdrops' every couple of months Tongue

Anyway, especially if you're just a player, it's always better that you just keep those coins in a wallet of which you control the private key, right before a fork I mean and just do it yourself.
It also saves CG from some work, they have to send out those coins manually, at least they did with the previous fork.

For investors, it's handy that CG provides this service for you, just so you don't have to remove your investment.
2773  Bitcoin / Bitcoin Discussion / Re: Ledger Nano S among top Electronics accessories on: October 16, 2017, 03:04:47 PM
Very interesting, it would be cool if we could see some actual statistics on sales numbers instead of one testimony of an Amazon employee + a spot in the best sellers list on Amazon.

I do wonder if it's people who are new to Bitcoin who're buying those hardware wallets or if it's people who've known about Bitcoin, but are just switching over to hardware wallets instead of software wallets.

Can't imagine that newbies buy a hardware wallet straight away, but I could be wrong.

Any thoughts about this?
2774  Bitcoin / Bitcoin Discussion / Re: Do we need to pay income tax if we earn through Bitcoin or Altcoins?? on: October 16, 2017, 02:16:39 PM
As far as I know there are no such thing as taxing when it comes to all cryptocurrencies as a whole and I don't believe that its possible to tax them unless you government has legalized all cryptocurrency exchange sites and wallets which will be pretty hard to accomplish thanks to the blockchain.
You're completely wrong on that, it depends on where you live, but most countries do have some sort of law that requires you to declare your income from cryptocurrency and pay taxes on it.

It won't mention crypro-currency in the tax law, but they usually lump crypto earnings together with something else.
2775  Economy / Service Discussion / Re: [UPDATED LIST] Your Favorite Crypto Websites on: October 16, 2017, 01:55:51 PM
I know you're making list of websites, but it might also be a good idea to also add certain high quality Youtube channels.
There are a ton of really crappy ones, but there are also some really useful ones that people like to watch instead of visiting a news website.

The Cryptoverse is definitely one of my favorite Youtube channels:
https://www.youtube.com/channel/UCLnQ34ZBSjy2JQjeRudFEDw

Anyway, it's just a suggestion, since all websites that I would have mentioned are already listed Tongue
2776  Alternate cryptocurrencies / Altcoin Discussion / Re: Its that time again, what altcoin are you holding at a loss? on: October 13, 2017, 12:03:00 PM
I'm holding quite a few Gridcoin at a loss currently, it isn't that bad, but I'm just going to wait a bit till they get a bit higher again.
The altcoin market in general is looking a lot less attractive than the Bitcoin market at the moment.

I'm probably going to sell most of my altcoins before the fork happens anyway.
2777  Economy / Gambling discussion / Re: Why YOU should really care about Provably Fair... on: October 13, 2017, 10:20:29 AM
Thanks for the useful information.
I would like to add up something.
The fact that the casino site allows you to view the source code doesn't mean that they are using it as the code for their casino game.

You should always view page source and make sure that it fits the code that they show you, sometimes they show one code and use another.
Don't fall for non-random generators.


Well, the problem does not really lays with the checking of the code and comparing them with what they actually use. The problem is that 99% of the people that play on gambling sites do not care or do not know how to do it. The thing is it is extremely difficult anyway to determine if the site is using some cheat to win, after all if they were cheating they would hide it pretty good.
It's not that difficult to check if the website is using cheats to win and all bigger websites have already had their provably fair mechanism checked.
If they show their statistics, the house edge should also reflect on those, at least in the long term.

I'd also say that there are more people in the crypto community that care about those things than you would think.
2778  Bitcoin / Project Development / Re: Can we keep any information in the Blockchain? on: October 13, 2017, 09:50:29 AM
It's definitely possible to store messages in the blockchain using the OP_RETURN script.
You can find more info about that here: https://en.bitcoin.it/wiki/OP_RETURN

There are several services on the internet which allow you to store messages on the Bitcoin Blockchain and I'm pretty sure there are many ways to do this.

Here are some threads and articles of other ways to store data in the blockchain, along with some examples:
https://bitcointalk.org/index.php?topic=33618.0
http://www.righto.com/2014/02/ascii-bernanke-wikileaks-photographs.html
https://medium.com/@inthebitcoin/how-to-store-a-message-in-the-bitcoin-blockchain-8d5ac0a8ea88
2779  Bitcoin / Bitcoin Technical Support / Re: Private Key/Seed Best Practices on: October 12, 2017, 08:41:03 PM
Quote
How many copies to you keep?

I personally keep two copies of my private keys.
Quote
Do you keep it on multiple mediums (paper, usb, cryptosteel, cdrom, etc)?

Yes, for larger amounts, I have a few paper wallets which are laminated an a copy on usb drive made on a pc that was never connected to the internet.
Quote
Do you keep the full seed/key on each medium or split it (e.g. 1/2 on one paper, 1/2 on other paper)?

Full seed on each medium, I think this is enough for ;y personal needs, we're not talking about that many coins.
Quote
If the seed/key is encrypted (e.g. veracrypt or keepass), is it safe to store on cloud storage?

I definitely would never store anything important on cloud storage.
Quote
Where are the best places to keep copies (cloud, buried in yard, home safe, bank safe deposit box, parent's house)?

You need to figure this one out for yourself, but I like to keep it in a place I have easy access to.

2780  Economy / Gambling discussion / Re: What is the best way to quit gambling and start trading?? on: October 12, 2017, 08:21:36 PM
I think trading has a way bigger gambling element than traditional gambling mate  Grin Plus you could double your money within minutes unlike trading where you need to be glued to your monitor watching all the graphs and news and shit. Too much work for too little gain.

I strongly disagree with this, because this is not true at all, you could not double your money in gambling, it is easy to say but so hard to be done. I could assure myself that I could get something in return in Trading even it takes months, at least it is worth the wait, unlike in gambling that you would only win in the first try, to the second, but after that, you are just going to lose all of your money and will be addicted to this.

Lol, it's pretty easy to double your money with gambling, just do a 50% chance dice bet and you'll double your money almost 1 out of 2 times :p
People wouldn't be gambling if it were that hard and long term you would very likely lose.
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