Bitcoin Forum
November 14, 2024, 11:35:09 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 [139] 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 ... 195 »
2761  Bitcoin / Legal / Re: What if Bitcoin is made illegal? We must reject the illuminati takeover ! on: November 19, 2015, 04:21:47 PM
Bitcoin cannot be made illegal, it is decentralized which means no one party can control it.
You would have to go into every miners house and remove their mining equipment to stop Bitcoin.
No, not really. There are some ways to block bitcoin quite efficiently. While bitcoin has no central authority that is not a problem for governments to take action against it.
We have seen already tests of mass blocking every bitcoin service in some countries, Venezuela conducted that tests recently and everybody was in shock.

Bitcoin p2p trading can't be blocked, but almost every bitcoin related services can.

Which is why people should always learn to use their own wallets and stop relying on web wallets no matter how convenient they might be. When online services are blocked, you still have some options to use and trade BTC if you have access to your own private keys. They can even try to block port 8333 but you can still use a client through TOR.
It is not about online wallets only. Imagine all bitcoin exchanges closed, or bitcoin payment processors which are serving small merchants like BitPay.
If bitcoin won't be accepted by business then there will be HUGE price crash and panic. It could be potentially end of bitcoin.
2762  Other / Politics & Society / Re: Paris France ISIS Killer had $3 million dollar BTC Wallet on: November 19, 2015, 04:15:06 PM
Even if that is true, and ISIS is founded partially with Bitcoin so what? Bitcoin is like less than 0.5% of their total source of money.
I don't see people crying about that USD or EURO or any other FIAT money is used by terrorists to fund their operations.
2763  Economy / Gambling discussion / Re: Dice game strategy? on: November 19, 2015, 04:11:33 PM
Bots don't work in the long term unless you are very lucky. Bots do work in the short term, but usually not in the long term. If you want to make a profit, I suggest you choose a different method that's not gambling.
I am confused now. Are there really any perks or increased chances of winning if you are using bot for your Dice game? Because I seriously can't imagine any.
Bots are only used if you don't have to click personally for each roll if you are massive low roller. 
2764  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: November 19, 2015, 04:04:32 PM
For me 'safe gambling' is a term used when you can afford to lose some money and in fact expect it to happen.
With limiting your gambling funds your mind is clear and you won't usually fell for gambler's fallacy of any kind. Then you can say that you gambled 'safely'.
2765  Economy / Gambling / Re: ★★★★★★OSS V is back WITH OVER $2.6 MILLION IN PRIZE POOLS★★★★★★ on: November 19, 2015, 03:57:32 PM
Wow, prize money are really high this time. I expected it to be not higher than the last year. Too bad that the main prize still 1 million, but that is still great sum of money.
OSS is evolving over the past years quite nicely.
2766  Economy / Services / Re: FortuneJack.com NEW Campaign – Earn up to 0.2 BTC A Month!!! Weekly Payments. on: November 19, 2015, 03:40:43 PM
Thank you for the payment!

Post count for next period: 1133 (this one included)
2767  Economy / Gambling / Re: Primedice fucked me over :-/ on: November 18, 2015, 10:08:46 AM
But the real question is: "How Op can be so delusional that he believes that PrimeDice "fucked him over"" or have anything to do with his loss?
2768  Economy / Economics / Re: America's new debt ceiling - $19,600,000,000,000 on: November 18, 2015, 09:27:46 AM
And China will care because?

China has an ambition to to kill off the US petrol dollar/reserve currency and replace it with their own.

They are accululating tonnes of gold every month with the possibility of launching a gold back currency, like every reserve currency before the dollar sooner or later the US's turn will come to end.

I am not sure if once you introduce FIAT monetary system there is a way back to commodity backed money. Unless US economy totally crumble that it.
But again, then I would rather expect a war than economic reforms.
2769  Economy / Gambling discussion / Re: Gambling can be profitable in the long run! It is possible! on: November 17, 2015, 03:18:40 PM
I've been wondering for a long time about long term gambling profit myself. Recently I came across very interesting research done by Wall Street Journal.
The Wall Street Journal summarizes the results of two years worth of data from thousands of online gamblers playing virtual casino games and here is the result:

"On any given day, the chances of emerging a winner aren't too bad - the gamblers won money on 30% of the days they wagered.
But continuing to gamble is a bad bet. Just 11% of players ended up in the black over the full [two year] period, and most of those pocketed less than $150."

These numbers apply whether you're playing blackjack and roulette online, or in person at a casino. A change of location will not improve the statistics for you.

In other words, you'd be far better off financially picking up a single penny off the sidewalk, and then doing nothing else for two years, than you would be by gambling continuously for two years, even if you consider yourself the embodiment of luck itself.


Source Article for reference: http://www.wsj.com/articles/SB10001424052702304626104579123383535635644
2770  Economy / Exchanges / Re: Which Bitcoin Exchange do you use and why ? on: November 17, 2015, 02:50:33 PM
Do you guys know any good exchange or bitcoin trading platform which operates in GBP? It turn out that it is rather hard to find good exchange where I could trade without singing with my every personal information.

PS. I don't need euro or dollars based services, because it is easy to find exchange for these currencies.
2771  Bitcoin / Bitcoin Discussion / Re: Ever dreamed about Bitcoin? on: November 17, 2015, 02:42:32 PM
If we look at the nature of how our dreaming works I am quite sure if you are associated with bitcoin on a daily manner. You had to have some dreams about it.
You don't remember your dreams because if you wake up in the wrong part of your sleeping phase your memory of dream is lost.
2772  Economy / Gambling discussion / Re: What is your favorite Game? on: November 16, 2015, 10:58:47 AM
My favorite is probably all time king of online casino games - Dice. Simple concept and lack of advanced strategies is a plus for me.
But recently I am a little bored with as I actively seek other games which will pique my interest.
2773  Other / Archival / Re: bitcoin/altcoin slot machine on: November 16, 2015, 10:47:55 AM
Slot machine with 1% house edge? This is not normal at all, from what I know house edge of slots was always really high, even 10% or more.
How can OP has 1% HE and still profit from the game?
2774  Bitcoin / Press / Re: [2015-11-14] The Bank Of Canada Is Siding With Bitcoin on: November 15, 2015, 08:43:12 AM
We need more bankers to think on this level but I'm afraid that very few of them do. Or maybe they do, they just do not want to admit it and or admit that their present way of doing things are flawed on so many levels.

The thing is, when central bankers are starting to accept crypto coins then they lose control over a mighty tool. They prune their own power. Who will do this freely?
They know that control is power, but they are not all evil and blinded by power. They know that in the long run FIAT, debt creation, circle of quantitative easing will bring every nation down.
If they are willing to take a look at bitcoin in more open way than most of the other national banks that is great news.
2775  Economy / Speculation / Re: Bitcoin at ATH. Reached 2200 USD on Gemini !!! on: November 15, 2015, 08:39:57 AM
You know what I think? I thing it was elaborate ruse of the Gemini owners or someone associated with them.
They bought that  BTC on purpose to create news and rumors about Gemini and its new ATH price record.
2776  Economy / Gambling discussion / Re: Gambling for a living or a living for Gambling? on: November 15, 2015, 08:32:57 AM
i just said that. can or not, it's depends on you. nothing is impossible in gambling. you can a get big win or you can lose all your bitcoin/money.


If you are betting with all your money - that means you are already lost it. Even if you manage to win that time, this type of behaviour is not showing healthy attitude towards gambling.
2777  Economy / Gambling / Re: When Will Mourinho Be Sacked? on: November 15, 2015, 08:27:31 AM
Jose Mourinho days are counted. Hes meltdown is clearly visible. When things go nasty he is always the same.
He had begun to make a habit of blaming the players for poor results in that is why he is not longer with Real.
2778  Economy / Gambling / Re: What comes to mind when you hear the word ‘gambling’? on: November 15, 2015, 08:10:36 AM
I always associated gambling with big, rich full of splendor casinos. The ones which you can locate in New Vegas or Macau.


Gambling: A section turning out to be a place where spammers are creating shitty threads.

That is right to some extent. In the gambling section, in the threads you will see many posts with signature campaigns. I think maybe over 50% of the post are from campaigners.
I am sure that without sig campaign this section will be pristine clear without anyone spamming 'shitty posts' and every poster would be highly dedicated professional gambler. /sarcasm
2779  Other / Meta / Re: Are hero more respected than less established accounts? on: November 14, 2015, 05:07:42 AM
General advice - if you don't know someone it is best to be cautious. If account trading weren't so popular I would be willing to say that you can trust higher ranked accounts more.
But in situation where you can buy Hero account for less than 0.3 BTC and use it for anything you like it is not so simple.
2780  Bitcoin / Bitcoin Discussion / Re: Bitcoin was predicted by a Nobel Laureate in 1999 !!! on: November 14, 2015, 04:59:02 AM
I don't think that anonymity part is that important at all. I think that Bitcoin has many more things going for itself and that are much bigger inventions than its anonymity or non-anonymity.

Who wants to hide something has already so many ways that he doesn't need Bitcoin. It just a matter of how much trouble are you ready to go through to get something done.

Yeah but it's alot easier to hide $1,000,000 with Bitcoin than it is with cash in a suitcase.

To the OP, thanks for sharing. I didn't know Milton Friedman made these comments...he's a legend!

But there are a lot better ways and less traceable ways to hide that kind of money than in Bitcoin. Right now Bitcoin doesn't have the transaction volume to adequately hide/mask a million dollar transaction - whereas you could probably get away with it a little easier with the current financial system.
Because current financial system is designed to be flawed and exploited. Creation of money from thin air.
Behind the scenes transactions and lack of transparency is major issues and are crucial problems for many people.
Total transparency of bitcoin will be a remedy for this rotten financial system.
Pages: « 1 ... 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 [139] 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 ... 195 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!