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2781  Economy / Economics / Re: Continuous Printing Of Money Out Of Thin Air Has Never Being The Answer on: May 24, 2020, 10:12:19 PM
~snip~

Some may think that printing money is an internal matter of the US, which is partly true - but since the US economy is not something that can be separated from the world economy, the whole world is likely to feel the consequences of such actions. But the US is not an isolated example of such a policy, similar things are happening in the UK and the EU, although the amounts are much smaller, and citizens do not receive stimulus checks to their home addresses.
The most curious thing is that despite the fact that US is printing money like they breath air, it's value is gaining more and more strenght in some countries, paradox, right?

It is obvious that there are those who advocate this model of financing and those who are against it, but I think at least two things matter throughout the story : The first is that it is easiest to follow the line of least resistance (in this case printing money), and the second is that politicians are only politicians and not experts, so we cannot expect smart moves on their part. What they are doing today is likely to have consequences for future generations, but I think they can live with it - after all, no one lives forever and only history can judge them for their mistakes.
I wouldn't call politicians to these rundom people. Everyone who states silly statmenets, calls politicians to themselves. For me, politicians were Ronald Reagan, Abraham Lincoln, Winston Churchill and similar figures.
And we don't have economic experts or in overall experts in different fields, if you call youself an expert, then you mustn't be a minister of economics that's falling.

Cryptocurrency as Bitcoin can hardly become a solution on a global scale, such an idea does not fit into the current world order, and it would be foolish to expect any change in the near future on this issue. The world will continue to live by the old rules until the current system collapses completely, and then it is possible that a new, better and fairer system will emerge.
That's a question of time, when will current system collapse? Because technics and etc are going all against it. They analize our behaviors, what we buy and when, where we go, what's our basic health conditions (by fitness trackers) and so on.
2782  Economy / Gambling / Re: Primedice.com | Creators of Dicing 🎲 | 40 Billion Bets | 112+ BTC Jackpot! on: May 24, 2020, 09:52:57 PM
primedice and stake have the same owner? just curious.  Shocked
Once upon a time that was a question of the century but couldn't imagine if someone would ask this again.
Yeah, stake and primedice have the same owner and there is a big story behind it. Both of these websites share game dice but the reason why primedice is standing dedicated is that this is one of the first bitcoin dice game that was created and because of this website's story and it's ancient feelings it activates, they decided to leave this website on it's own and create another one, called Stake.com (yeah, nice and expensive domain) and make Stake crypto casino while keeping primedice dedicated by running dice only.
2783  Bitcoin / Bitcoin Discussion / Re: What to answer when asked "Can I make money mining bitcoin?" on: May 24, 2020, 09:32:00 PM
What do you even answer when someone asks "can I make money mining bitcoin?" I mean the answer for me is a clear "maybe". There's just too much things to consider imo, electricity costs, initial investment, maintenance (not very much but still has to be factored in), I guess what I want to ask is for some insight from someone that mines bitcoin, is there any bitcoin mining who can shed some light what is needed to make even marginal profit off of bitcoin mining assuming you don't live in places like China or Venezuela where electricity is cheap?

I ask just so that I can be prepared when I get asked this again, I keep hearing it and I hate it that I'm not prepared enough in this side of bitcoin as I've never personally mined crypto.
Sorry if I sound rude but that's really a silly question that someone can hear. What does it mean "Can I make money by mining bitcoin"? There are a lot of factors, it's not a thing where you can give a direct answer. Everything depends on electricity fees, current and upcoming price of bitcoin, price of mining equipment, quality of mining equipment, what kind of innovative ideas you have to cool your mining rigs, will difficulty rise or fall? And this list goes on and on.
But in overall, you can't make much money without owning a lot of equipments. Mining isn't as profitable as it was back in 2017.
2784  Economy / Gambling discussion / Re: Have a question about gaming developer idea on: May 24, 2020, 09:18:48 PM
hi i want to do a game that people play against each other by btc the question is it call gambling ? Should i have a gambling licese to run this kind of games? Im planning to do 1vs1 games for mbtc.. thanks for the help
Don't get wrong with me but if you still don't know whether you need license or not to run casino, then, sorry but this isn't your niche.
Btw what kind of game do you plan to create? Do you have that much knowledge to do this alone or do you have a team of developers? Just buying script online and then running a website isn't a business.
Definitely you need a gambling license to run this kind of games. On another hand owning a license makes you a little bit serious among users (no one wants to play on not licensed casino because of dangers that are associated with scams and etc.
2785  Bitcoin / Bitcoin Discussion / Re: Can bitcoin halving make cryptocurrencies reach all time high again? on: May 24, 2020, 08:40:38 PM
It's very hard to predict right now because situation is very different from what we were expecting in this world. I mean that no one though if there was covid, capable of causing lockdown in countries. So if someone was predicting in winter or earlier that bitcoin would go this or that way, means nothing now. There isn't full image of economic crisis that we may feel in near future so it depends on people's mind, there is two way: people may sell bitcoin to get money for their daily needs or people will only trust bitcoin and some other cryptocurrencies and invest in it like a sight of starlight.
2786  Other / Meta / Re: Affiliate program as a signature ? on: May 24, 2020, 07:55:03 PM
Not sure where to post this but if my future service has an affiliate program this is ok to do a signature   campaign with in this forum right?
Signature campaigns put themselves affiliate link to track how many visitors from bitcointalk register on their website and what kind of activity they do (in most cases casinos do these kind of things along with bitly links). Also some signature campaigns let you to edit their signature and include your affiliate link while still getting paid and on another hand, there are some promotions in games and rounds where you put signature with your affiliate link and take part in their promotions.
OP I showed you a lot of examples, so don't worry.
2787  Economy / Gambling / Re: Blackjack.fun - PROVABLY FAIR Blackjack Accepts Dash/Bitcoin/Litecoin on: May 24, 2020, 03:53:33 PM
Meanwhile in blackjack.fun...

This week has been allot of winners.

Congratulations for all of you!                      
The top 10 biggest winners in last 7 days:

1st 1.31 BTC
2nd 0.54 BTC
3rd 0.31 BTC
4th 0.197 BTC
5th 0.189 BTC
6th 0.089 DASH
7th  10.6 Dash
8th 11 LTC
9th 0.051 BTC
10th 0.046 BTC


As some of you requested, we are planning to raise a maximum bet limit to 0.5 btc.


Kind regards,
Blackjack.fun

Good job, seems your website is becoming popular and like that people take part in competitions and are becoming active.
Btw I have some ideas and think it will be good to implement but hard, yeah, I know.
What about to create blackjack rooms? Where people will be able to play 7 against 1 (dealer). There will be rooms with different min/max bets and with different promotions. Some of them may have sidebet options and some of them - not. It will be better to become as close to live casinos as possible. A lot of people already know advantages of provably fair system and I guess it will turn into advantage for your blackjack too.
2788  Bitcoin / Project Development / Re: how to compare between blockchain solutions for particular problem? on: May 24, 2020, 02:42:34 PM
Bitfury is the company that actively works on developing blockchain technologies. National Agency of Public Registry of Ministry of Justice, Georgia signed a new Memorandum of Understanding with Bitfury to implement blockchain technologies in this section and not only there.
So I guess it will be better to read similar articles, I'll link some of them:
1. https://bitfury.com/content/downloads/11_9_17_bitfury_presents_united_nationas_harvard.pdf
2. https://www.mitpressjournals.org/doi/pdf/10.1162/inov_a_00276
3. https://www.oecd.org/corruption/integrity-forum/academic-papers/Georg%20Eder-%20Blockchain%20-%20Ghana_verified.pdf
4. https://medium.com/bitcoinblase/blockchain-application-land-register-georgia-and-sweden-leading-e7fa9800170c

There are some informations from napr about this but that's not in English language. Still I hope that provided information will help you.
2789  Bitcoin / Bitcoin Discussion / Re: Miners are happy, while we suffer? on: May 24, 2020, 02:19:22 PM
Roger Ver, Bitcoin has 40x higher value than your bitcoin cash. Even XPR has gained more trust among users than bitcoin cash.
Bitcoin.com isn't reliable source of informations, according to them miner's revenue has doubled but in reality bitmover showed you perfect example of what rewards miners get from one block vs from collected tx fees.
Right now tx fees are divided into three part:
1. Most transactions are sent with 1-12 satoshis per byte.
2. Then comes transactions with 132-150 satoshis per byte.
3. And finally seems there are some people willing to pay more than 253 satoshis per byte.

It's not an alarming news but I think everything will fade away soon and fees will return to normal but they may rise again when price goes higher.
Believe me, miners aren't happy with current situation. They want bitcoin's price to rise rather than mining fees cause it's more beneficial for them and for crypto community in overall.
2790  Economy / Economics / Re: Is it possible to live without banks? on: May 23, 2020, 11:59:18 PM
Lots of people don't use banks.
I hugely doubt...

I haven't had a bank account in years. I've only had a credit card for a few years now. Before that I went years with neither bank account nor credit card. I keep my savings secure in Bitcoin and earn all my revenues and make all my payments and purchases in cash.
If you own credit card, you are in touch with bank, right? Or do you mean xapo and similar wallets? If yes, then such services belongs to banks too at some point. I wrote very small info about functions of bank above: https://bitcointalk.org/index.php?topic=5250394.msg54486394#msg54486394

Where I am now, waiting out the covid-19 scare in a remote village in the Mexican jungle, absolutely no one uses banks. No one has a bank account nor receives nor writes checks. In fact there are no banks nor ATMs.  The nearest bank is almost an hour's drive away. I now own 6 properties here, including 3 houses, and all were bought with cash, except my first one which was bought partially with Bitcoin.
It's not right to discuss only from personal visions and examples cause they are hugely different from others. If you aren't getting ill for example, doesn't mean that illness doesn't exist.
When you want to start a business and need some money, what to do? If you need loan but everyone around you is poor, what to do? What to do when you have a lot of money and there are some people who need it? What about if there is something that offers you additional interest on it while benefiting borrower and taking all these risks of loan repayments on their own? I guess that's not a bad deal. There are other things why banks are bad.
2791  Economy / Gambling / Re: BITDICE.me - Crypto Casino 🎰 Now Accepting EOS | Roll Hunt | Bonuses on: May 23, 2020, 11:32:00 PM
I don't know if there is something wrong with me but when I tried to open slots on bitdice, it shows following text: "Requests to the server have been blocked by an extension". I checked with different browsers and devices but same text again. Is there something wrong with IP location or does problem come from your side?
Idk how your slots but will be glad if you give us permission to play them without bitcoins or cryptocurrencies, to just play with some play money.
P.S your website works well but I remember, for ages, that left button on header that has to show us menu, doesn't work on smartphones.
2792  Economy / Economics / Re: Hedge Fund Manager Says Governments May Make Private Gold Ownership Illegal on: May 23, 2020, 10:37:10 PM
Why? Why to make such silly statement? In overall this guy and similar ones come here, some of them call themselves "economic experts" and we have still bad economics even when 'experts" take care of it. What kind of "experts" they are? Or am I the only one who can't perceive this word correctly?
Seems we will see Executive Order 6102 but V2.

How democratic is it when government tries to de-monetise something that I and millions of people own? They try to de-monetise things but not increase value of currencies. Good job!

This is the most ridiculous thing I've ever heard. Grin
Governments banning private ownership of gold?OK,let's assume that this s*it happens.
The question is,who is going to find my gold,if I hide it somewhere? Grin The government?CIA?The police?
Most people are hoarding small amounts of gold,so hiding that gold would be really easy.
I don't even wanna write about the fact that governments confiscating private property is just communism.


Maybe if someone goes out with necklace, or bracelet, will be a victim and there will be a need of further tests to detect whether that thing contains gold or not.
2793  Economy / Gambling discussion / Re: Do you feel this pressure on physical gambling? on: May 23, 2020, 09:53:52 PM
In physical gambling (whether it's a big casino or just small gambling), do pressure on your opponents or playmates actually happen? Like for example, you only set a limited capital but since your friends still want to play, you will end up using all of your money. Or let's say in a casino, you have used all of your allotted money on gambling but since your opponent is winning and he wants to play more, do you exceed on your limit? Just because you don't want to look like you are afraid, that you don't have enough money already, and that you are losing?

Since I do online gambling, I don't feel this kind of pressure. I can stop whenever I want or when I have used all of my money. I don't feel embarrassed or what.





PS: I'm not sure if this topic already existed here and if there's I'm gonna delete this thread.
If you sey a limited capital but play with friends, doesn't matter whether in physical casino or on online casino, there will always be (possibly) pressure to break through this limit. Another actual pressures can happein in online casinos too, everything depends on your psychological conditions. When you think that you are playing to actual player, you may feel under pressure but when you know it's bot - you may not.
In overall, it's very individual task.
Psysical gambling and online gambling has much more differences than that one which includes chances of win (at some point it's really different), your skils usage may change in these situations (you can understand bleff of your opponent with mimics in real life but not online) and other things.
2794  Economy / Trading Discussion / Re: HODLing is great but why not use Options to insure what you are HODLing? on: May 23, 2020, 08:08:33 PM
You could say the same with having a stop-loss order on an exchange.

But look. I somewhat get your point, but with some Bitcoiners here on Bitcointalk(or probably most?), we're not only here for the money. We're here for more than that, A LOT more than that. We believe in self sovereignty, and having total control over our money, which Bitcoin gives us hence why we hold them on non-custodial wallets and not on exchanges.

^And that's just the tip of the iceberg. Don't get me started into furiously ranting about governments and central banks.
Bitcoin turned into commercial business right now because businessman took their hands on it and when it happens, things get abused.
A lot of "bitcoin supporters" hodl bitcoin but is that right behavior? When you freeze money in your pocket in order to wait for futher price rise, when you stop circulation of money, I think that's not right. Holding only stops things from progress while circulation increases it's ability of massive spread. I know it may sounds hard to understand what I said but hope you understood what was the point there.
And my post isn't intended to start talking about central banks and etc, just about "bitcoin holders".
2795  Economy / Service Discussion / Re: Signature campaigns and some discussion about seo on: May 23, 2020, 04:10:21 PM
Only owners of websites know answers to your questions. Probably even managers of campaigns don't know this information.

Without doubt, they know answer and are probably monitoring search engine rankings of their website but who knows, maybe some signature campaign managers are carrying this duty during campaign management and who knows, maybe some of them are willing to share this information with us?


~snip~

There is no way how signature campaign can move website into high place in Google search results.
I guess that's a typo?
Well managed signature campaigns raise brand awareness in bitcoin community, thus resulting in increased number of visitors on your website. Along with increased visitors from signature ads, your website's links are indexed with anchor texts on bitcointalk and this results in increased number of backlinks where some of them may be links with high URL ratings. Number of backlinks depends on how many participants you have in your campaign and how many posts they have.

With May 2020 Google update Backlink is no more important for ranking on Google search.

~snip~

Idk if I missed something but where did you get that info? I highly doubt backlinks aren't that important for ranking. Without page and url authorities google can't analyze content alone and do verdict whether this info is more relevant or not.
2796  Economy / Economics / Re: Is it possible to live without banks? on: May 23, 2020, 03:25:32 PM
With the world's economy collapsing, people are looking for alternative safe-haven assets to use in times of turmoil. Interest in crypto has sparked a lot ever since the stock market went on a decline. If people decide to use crypto, precious metals, and physical cash, will it be possible to live a normal life without a bank?

In my case, I'd be willing to exit the banking system in order to have true sovereignty over my money. After all, that's what crypto is all about. If you could live your normal life without the need to ever interact with a bank (having a bank account to make transactions, etc), it'll be a blast. With the world shifting towards the online realm for e-commerce, virtual meetings, and more, it seems likely that people will be using decentralized money more thoroughly. There are still people using credit/debit cards, but that may change soon as Fiat becomes hyper-inflated.

What are your thoughts? Huh
Everything is possible, we can live without banks but our quality of life will decline a lot.

First of all, what are banks and why are they important?
Banks are source of money where there is supply that collects money from those who have a lot (or more than enough and don't know where to store it safely) and forwards on those who have deficit of it. Banks take all responsibility and risks that this action carries while giving benefits to both side: profit to lender and necessary money to borrower. This is one of the most important fuction of banking and as a resule of this, a lot of services, projects and in overall business was created and developed further.
On another hand, modern banking has too much necessary functions than it had before. Nowadays we use cards provided by them to make transaction in stores, markets and etc. We are able to buy things online securely via our cards and more. We are moving from cash to fiat as time goes and all of these actions strenghten our connection with banks, in overall we depend on banks more than ever.

Btw at the same time banks are our enemies too. What banks do is maximizing of their profits and increasing loan percentages, charging a lot of fees and more. This in overall makes a lot of money to go from people to bank, making people poor but banks - rich institutes. I guess that's not good at all. Another bad thing is how they use our transactions for marketing purposes, not only them but walmart, google and other companies but this is different task.
2797  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Creator Dead on Covid-19? on: May 22, 2020, 11:21:21 PM
How many people are leaving this Covid-19 every day, from the rich-poor to the Prime Minister and not being able to survive this disease, on the other hand we still do not know who is Bitcoin Creator, / satoshi nakmto! Is he still alive or dead? Do you think he died in this Covid-19? And if She/he die, what impact will Be on Bitcoin?  What do you Think
Did you know anything about his existance? Did anyone knew it (except 1-2 person, maybe...)? No, so he doesn't exist for us, he is just a Legend. So what doesn't exist can't have any impact on anything.
And according to your text, there is another subject fronted, Covid-19. How many people are leaving? Btw why aren't famous people dying because of this disease? Why most of them don't wear mask and don't keep much attention on social distance? Don't tell me that they are heroes. Maybe you'll blame me but what gives us a reason to say that statistics provided by them is correct? Do you know how much people die in a day in Italy for example? More than 1500 a day on average. Mostly people with age 70 and higher were dying and almost half of dead ones had three or even more health conditions. And in overall 99% had existing illness.  I don't think there was live statistics of daily death along with deaths caused by covid and etc. There are a lot of reasons why I don't share a lot of opinions about this virus and I'll write about it in near future.
2798  Economy / Speculation / Re: Will Bitcoin ever get past $10K? on: May 22, 2020, 09:56:10 PM
It's already been past halving, yet prices continue to fluctuate between the $9k to $9.5k range. I've noticed that each time prices try to reach $10k, everything "falls out" immediately. Is this a result of price manipulation by whales? At this pace, it's hard to believe that Bitcoin will ever get past $10k. Even if it does get past $10k, reaching a new ATH in price could be quite challenging.

Since it's been only a week after Bitcoin's third halving, anything could happen in the future. Right now, we're in a level of uncertainty due to the COVID-19 pandemic. Maybe Bitcoin will be able to break out to new levels in price after all of this is over? Or will it continue to rise while Fiat goes down the drain? Whichever way Bitcoin goes forward in terms of price, many people will still support it. Fees are at an increasing rate, so we'll have to wait until everything goes back to normal (both in Bitcoin and the mainstream world) for prices to head all the way past $10k and beyond.

What are your thoughts? Do you think Bitcoin will ever get past $10k? Huh
I guess bitcoin still did an amazing job when it's price didn't fall during Covid pandemic. Bitcoin proved again that it's better than fiat currencies, especially in situations when we really need currencies' stable or growing value and not rapidly falling one.
I don't think we need to wait until everything goes back to normal because that won't happen soon and we will need some years to recover from upcoming higher economic crisis. If you mean relaxing of restriction in "going back to normal", then that will happen soon.
There wasn't any significant price rise for a while during last halving that occured in July of 2016. So I feel positive at the moment.
To sum up, bitcoin didn't fall during pandemic and keeps stable price after halving, right now I think bitcoin is doing very well and to be fair surpassed my expectations.
2799  Economy / Gambling / Re: 🔥BITSLER > $10,000 DAILY Wagering contest < REFUND plan for Betking's players on: May 22, 2020, 08:41:37 PM
I think some negativity should go out from this thread and let's move on Bitsler finally!
Some time has passed and there feels great progress around Bitsler. They are wagering more than 50 000$ a week right now, additionally free hourly lottery bonuses and free BTSLR wagering contests. I was always asking Baryom for more games and recently they added Twist and Fruitsler Slots. That's very nice and seems Bitsler has good progress and is going well on it's way.

Also congrats to old winner mootmoot511, that was really one of the most amazing win that I have ever seen.
2800  Economy / Gambling discussion / Re: Do you keep track of your gambling? how? on: May 17, 2020, 11:56:42 PM
Keeping track of your gambling money may give you advantage to have a close look at your profit & loss
Is it really important to know how much the profits and losses? I doubt you can smile after knowing them since I bet most people indeed will have more losses than profits in gambling. This way only hurts us and makes you more stressful during playing gambling. Also, I am afraid that you can't enjoy playing gambling if you are too serious considering profits or loss in each game. It isn't trading, bro!
I think it will just stress me if I saw those losses and besides some of the gamblers are playing gambling because they want to be entertained and want to feel the excitement that involves money.

So definitely, tracking your win and losses is nonsense, if you lose, forget about it and think a way to recover that loss. Maybe it's advantage is to have the discipline to yourself and you can foresee if there's no good path in the gambling so you will know when to quit.
In any way money tracking doesn't need special calculation here i.e. you knew you got 600$ last week and now you have 200$. You bought some cigarette and snacks during the weekend, where the money went? You know "potential destination".
Also it's a very bad advice to suggest gambler to think about ways to recover his/her loses if you don't concrete what ways you mean because there is very high chance this person will try to get back from loses by playing again, which in turn cause more loses and as a result, we get undesirable effect. But of course, suggesting to find a job (if he doesn't own) or setting the limit on the money that he has to spend on gambling would be wiser advice.
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