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2781  Economy / Gambling discussion / Re: Sportsbet.io Betting discussion thread rev on: December 25, 2022, 08:04:49 PM
It has been there for a while and seen it as a placement holder all this time. Because 1.01x isn't really a bet to place on anything other than to gain experience points on a casino to upgrade to a vip level they are offering or to get some sort of reward for reaching those levels.

I dont think this is the case though. I mean who in their sane mind would bet on something for 1.01x odds and on top of that, its like 99% chance to lose the bet at this point. Heck yeah, the current btc price is at $16,815 (according to cmc) right now and I wouldnt even want to put my money on 1.01x odds even if the bet is for btc to hit $16,900 by 31 December

At this point, I think sportsbet just want to do some harmless trolling or whatsoever by putting that up  Grin

Heh, I think I was one of the "idiots" who placed bets on the very first one, which was something like $100k BTC price by Christmas 2021 (pretty sure that was it). Just for fun, obviously at disadvantaged odds but that was just some delirium-induced bet.

Definitely a placeholder for SB, maybe just to keep the specials section alive and remind themselves of heights yet-to-be-reached.

Troll Steve.
2782  Bitcoin / Bitcoin Discussion / Re: Bitcoiners kill Bitcoin, and governments are happy, boycott the CEXs on: December 25, 2022, 04:28:37 PM
I don't use centralized exchanges (haven't used them for a few years, at least not those where you store money on an exchange and have a profile), but to me, this topic doesn't have to be so polarized.

Yeah, there's no extreme way to do things for most regular people. Even I still use centralised P2P (Localbitcoins) a lot more than decentralised P2P -- mainly because of escrow and very good dispute settlement, which I would always recommend newcomers to wet their toes in first before trying non-custodials. That's also where I found my personal trusted network of direct P2P so I liquidate and transfer over fiat to myself in literal minutes.

We need to remember that the majority of regular people just want something easy and fuss-free. We're a while away from that without centralised services (not JUST CEXs).
2783  Economy / Economics / Re: The poor people with their reasoning on: December 25, 2022, 03:26:03 PM
What's your definition of "poor" people? What about someone who constantly switches signature campaigns, without actually being a user of the product/service advertised, just to earn the meagre satoshis on offer from campaign owners who won't stick around long enough to be taken seriously?

Would that person count as a poor person, and what of their reasoning for doing this?

You know it's also rich people who lose the most money and most often are victims of scams. Should we be teaching people to be as greedy as them?

When did convincing people to be greedy and "being successful in life" have anything to do with using Bitcoin?
2784  Bitcoin / Bitcoin Discussion / Re: 99% of People Will Lose Crypto in Self Custody on: December 25, 2022, 02:54:42 PM
Does he still charge 0.5 mbtc for withdrawals?
I think he still is, yes. According to the official source, the bitcoin withdrawal fee is 0.0002 BTC. But just two lines below that, we see an entry for 'BTC(SegWit)' whose withdrawal fee is 0.0005 BTC.

Begs the question, what is 'Bitcoin' and what is 'BTC(SegWit)'. Do legacy addresses belong to 'Bitcoin' and nested/native segwit belongs to the second type? Or does he just consider native segwit as 'BTC(SegWit)' and nested goes into the general 'Bitcoin' category? Who knows Roll Eyes I am not sure my Binance account is still active to log in to check. Anyways, I am not going to do that now and from this device.

The second question I would have after looking at their withdrawal data is why would segwit transaction cost more than legacy withdrawals?

There you go, even can't promise what official source says. Even at that "low" price it's still over $3 per withdrawal, and I remember the 0.5 mbtc fee was too rich for me (not to mention it gets even higher in congested network periods).

It's all moneymaking, there's no reason he'd not want to earn for withdrawals, and repeated withdrawals.

What else could he be afraid of if not that he doesn't have enough for a true "bank run"?
2785  Economy / Gambling discussion / Re: BANKMAN-FRIED PANIC GAMBLES TO REPAY DEBT on: December 25, 2022, 01:48:54 PM
Not surprised. Some posts ago I was talking about the lack of any kind of supervision or approval policy that was the real danger of the way FTX was run -- and embarrassing how so many old school peeps invested without checking to see if that was in place. Knew he'd used money to take risky gambles but that was on the market.

To be able to use customer funds in casinos? Damn.
2786  Economy / Gambling / Re: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting on: December 25, 2022, 01:10:34 PM
Don't forget to put out pick for Majestic 7, you never know when luck may strike your way. This week we are gonna need a lot of luck to get anything correct. Looks like toughest Majestic 7 to pick so far this whole season. Who to pick in C.Palace - Fulham when Mitrović is an injury doubt or in Everton - Wolves a game which will probably end up 0:0 anyway.

Yeah, a lot of would-be strikers not even in the selection as you point out (Mitrovic will be desperate to continue his fine form but I doubt coach will take a risk). Tried to look for players who faced WC disappointment, so Spurs is plenty to choose from haha, but Che Adams did well in friendlies so I stuck with him in the Saints game.
2787  Economy / Gambling discussion / Re: 🦊 Betnomi.com | Champions League Pool ⚽️ Discussion Thread on: December 25, 2022, 12:23:44 PM
Ronaldo? Asian Federation Champions League maybe as early as February actually if one of Al-Nassr's rivals make a silly bid for him Wink But that's just my funny, no-money-in-it prediction.

Anyway, just to mention again that there's a raffle coming for participants of this pool to get their hands on a nice Ledger Nano X, a special edition too with Betnomi customisation. Plenty of time til the February restart, but I'll organise something simple for this raffle!
2788  Economy / Gambling discussion / Re: 🦊 Betnomi.com | FPL Football Pool ⚽ Discussion Thread on: December 25, 2022, 11:43:35 AM
So that's at least 4 of us, I'll flex a bit and try to make it not so easy for you guys. Will really need to take a look tomorrow though, have a feeling there's a lot of unavailable people I'm not aware of (I expect none of the Argentinians will even be back in England, for example).

Everyone trying to have a Christmas today? I went through an entire 12 hours of domestic chores and not even done...
2789  Bitcoin / Bitcoin Discussion / Re: 99% of People Will Lose Crypto in Self Custody on: December 25, 2022, 10:36:51 AM
CZ has realized and sees that a lot of bitcoin and altcoins are leaving his exchange, so he wants to stop that trend in any way possible. Scaring people with information like that is just one method. What he is really trying to say is, please don't withdraw all your coins from Binance. Leave something here.   

Does he still charge 0.5 mbtc for withdrawals? That's a heck lot of money, and a missed opportunity, I'd say. He processed something like 6B in 3 days? Why not just encourage everyone to prove that his exchange is liquid and he can honour every withdrawal? And keep encouraging people to keep their BTC on their own wallets after trading?

He earns with each withdrawal, so it benefits him more to get people to keep withdrawing after every trade.

Why's he so afraid to make money? Surely not because Binance is... not overcollateralised as promised? Shock!
2790  Bitcoin / Bitcoin Discussion / Re: One Month of Accepting Bitcoin for Payment on: December 24, 2022, 09:52:37 PM
I know I asked, and I can't see if you answered, but where is this? Mentioning the rough region is fine if you want to be private.
It boggles my mind, and just keen to find out where =)

Somewhere in the west African region.

Ah, nowhere I've lived/worked then... though have to say in East Africa, even mobile payment systems (the famous mPesa I keep talking about for example) have been around for over a decade and work great. Just surprised fiat systems there are as slow and complicated as you said when fintech advancements usually show up there even earlier than in so-called developed economies.
2791  Economy / Speculation / Re: Bitcoin December price on: December 24, 2022, 05:40:13 PM
~~~
Really not the same thing. More like 2018 December, when people were still insisting a new ATH was coming after corrections haha.
After going through a good period in 2021 where BTC recorded the highest price and there were many traders or social media influencers predicting that at the end of each year we will see the price of btc create a new ATH. however, they did not see the cycle that occurred where the negative things that hit crypto this year had enough impact on market conditions. indeed some of them expected a strong bounce this December but in fact BTC is not strong enough to penetrate the $20k area this month.

I usually don't like to speak too confidently in either direction, still a full week ahead left to December, and Bitcoin generally needs half a day to make serious double-digit percentage moves, so I wouldn't put $20k beyond reach.

Wouldn't bet on it -- just too little to suggest a wild change of fortunes. Of course, show me a place giving 100/1 odds or more and my money's happily there Wink
2792  Economy / Economics / Re: Is Bitcoin here to stay in Brazil or??.. on: December 24, 2022, 04:29:13 PM
Trust me (well, don't, haha) but I'd be willing to bet anyone that Brazil (or Brazilians, really) are probably a lot farther ahead with Bitcoin adoption than El Salvador.

Sure, the latter's made the news with headlines from its dictator president (nothing personal) but I've seen a lot more evidence of Bitcoin utility in Brazil than in El Salvador.

So don't worry about whether your president or government will get between the covers. You don't need them.
2793  Economy / Gambling / Re: Some Facts About BPS. Poker player ranking all time[2020-2022]... on: December 24, 2022, 03:21:14 PM
I don't even remember that poker tournament really well, but I definitely remember not being able to play any round properly because of time.

Love poker, had some good times with it, in another life when I could sit for 6 hours with friends with no need to wake up early or to put minions to bed or feed them haha.

So yeah, don't see how I can ever do another poker session. 2 hours of football is the best I can do, while cooking/looking after someone.

Should do a poker tourney where we bet on the players Wink
2794  Economy / Gambling / Re: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting on: December 24, 2022, 02:47:24 PM
You and me both.  Lol.  Ampera has been posting BTC teasers for more than a couple of months now and a lot of the guys have been guessing what it's all about but nothing has been officially said so far.  So yeah, it's prolly just Ampera having a field day by making everybody guess on something that could never be known.  

Promo codes man, if you haven't figured it out yet haha. Also, think their social media suggests there have been vouchers given for those who guessed the "puzzles" right, so we're obviously not as smart as some players heh.

Noticed their Discord is no longer active (or I need to do something to reactivate) so perhaps they're moving their focus to Twitter and other socials now (judging from recent competitions that require sharing).
2795  Economy / Gambling discussion / Re: ⚽⚽⚽ Sportsbet's Bitcointalk World Cup 2022 - discussion ⚽⚽⚽ on: December 24, 2022, 01:15:04 PM
@Trofo: Yeah, especially seeing how many people drop off from the pool (which is, in worst scenario, easy to fill in picks for weeks ahead of schedule), I'm really surprised that everyone opted to commit to leagues. But that's really cool to know, and am sure you guys will come up with something cool. Let me know if you need any help or something, who knows? e.g. stuff like free hosting, if needed.

@darxiaomi: Ideal entry fee is probably as accurate as possible. I'd say a lot of it depends on location and cost of living and income, and I guess we really are a varied bunch. Personally, for me a season long fee is actually incredible value for entertainment (I see it almost as an outright bet on myself).
2796  Economy / Gambling discussion / Re: 🦊 Betnomi.com | FPL Football Pool ⚽ Discussion Thread on: December 24, 2022, 12:04:18 PM
Hey guys!

I didn't really have much time to read, but if you need support, count me in, 2mbtc is what I probably waste on Liverpool on a single ill-advised live bet, and I have multiple ill-advised bets during a game if I'm lucky enough to watch, so of course!

I will give a warning that I might likely drop out again, for some reason life finds a way to have no time for things like FPL.

PM Trofo in a little while latest tmrw (I just remembered I even totally forgot about FPL World Cup haha).
2797  Bitcoin / Bitcoin Discussion / Re: I found a Bitcoin restaurant in my neighborhood on: December 24, 2022, 11:45:07 AM
Almost similar experience when I visited a self-styled Bitcoin City in a place I now reside. 3 hours away by train/bus and while I wasn't entirely disappointed, couple of first places I went into with a Bitcoin logo outside turned out couldn't accept BTC payments.

It wasn't even an ad deal like in your story, it was literally a logo to signify BTC payments accepted.

In their case, staff weren't properly trained or didn't know at all how to accept BTC.

Great stuff, let us know how the education session goes Wink
2798  Economy / Service Discussion / Re: How do I become a Campaign Manager? on: December 24, 2022, 10:37:58 AM
Don't want to discourage you but forget any kind of self-employment if you are not ready to do the work of reading and researching... Before coming up with a question.

Nothing wrong with asking people to help fill in gaps and clarify aspects.

Freelancing and self employment is hard work, and you usually pay someone else if you want tasks done for you, answers found for you.

It is not for you.

Don't take it personally. Same is for Bitcoin knowledge.

Or take it personally and prove yourself. Either way you win.
2799  Economy / Trading Discussion / Re: I am Bullish On Bitcoin Despite Bear market on: December 24, 2022, 10:01:45 AM
All these funny stripes and triangles are absolutely irrelevant until there are fundamental signs of an improvement in the market situation. Now is the time that only fundamental analysis can be used as a sane analytics. I remember being fed these stripes and triangles in mid-2022, saying the market was about to explode. But the miracle did not happen, because there are absolutely no fundamental prerequisites for injecting money into bitcoin and did not exist at that time. Liquidity does not appear simply because some kind of technical analysis showed a reversal. Until the situation with binance, FTX, large exchanges is resolved, until the miners finally capitulate, there can be no talk of any bullrun.

Yeah, can't remember just how many golden crosses and heads and shoulders and dead cat bounce calls etc were made and invalidated every step of the way in 2018-19... It was really until 2020 Black Monday crash and the recovery globally that Bitcoin price made serious rally moves.

Fundamentals in Bitcoin do keep getting stronger but while market fundamentals are ailing, with symptoms yet to clear, not really useful to look at these indicators, particularly at poor volumes.
2800  Economy / Gambling discussion / Re: Gambling Distortion Pattern on: December 23, 2022, 11:06:58 PM
Nice post, on the surface, but I can't see the usefulness...

For starters, you haven't even defined gambling distortion, though, so I'm really unclear on what's being demonstrated or proven here. Distortion suggests what we perceive is different to what actually happens. And what are stages 2 and 3?

I do keep pretty decent records for one of my "strategies" since it involves low frequency bets, high rewards. My gambling patterns, if timebound by season, aren't anything like that -- if using this strategy, it's many stages of continuous losing streaks and epic wins scattered around.

Casino gambling's probably also the same, far fewer wins than losses, because of my style and house edge preference.
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