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2781  Economy / Trading Discussion / Re: source of financial funds (please help me) on: October 13, 2020, 04:32:34 PM
Wish you could tell me how much you won in the games 9years ago,  how you found/recoverd the bitcoins, and when last you moved the bitcoins before finally deciding to sell.

I think you should let them know that Bitcoin wasn't worth much back then when you won the coins, the kyc requirement wasn't much in existence when you won/own the coins,  you didn't bother to note the site names back then and that the games that won you the money are good/safe.
I think this should make them treate yours as a special case and help get them release the coins more quickly, when they are satisfied. Would also be helpful if you could provide them with some proofs that you are the real owner of the coins and have been owning them unmoved for that long.
2782  Alternate cryptocurrencies / Altcoin Discussion / Re: How many bitcoins are there in DeFi? on: October 13, 2020, 03:01:54 PM
Quote
I have been reading a lot of topics where the DePhi ecosystem...
I guess you mean DeFi? Or does that mean something else?


Anyway, it's better to see them simply as "tokenized bitcoins" than bitcoins. In my opinion, for a tokenized bitcoin that is on the DeFi Ecosystem(or similar systems) to qualify as bitcoin, it has to be exactly as bitcoin and controlled by the main Bitcoin Network. Whatever happens to the main Bitcoin happens to its copy on DeFi.
It's more like replicated Bitcoin controlled by thesame brain.
2783  Economy / Economics / Re: Best Solution for taxes on: October 13, 2020, 02:19:51 PM
Taxing a decentralized network/system by governments that exist outside of the network/system isn't really a good idea. The best the "foreign governments" could do is to tax their own companies within the decentralized network.
If taxing most companies and transactions within the network becomes necessary, it should be done by the native Blockchain/decentralized-network Government.

I agree that things should be transparent.
2784  Other / Off-topic / Before you use a Cryptocurrency, or a Crypto Network/Application long-term on: October 13, 2020, 10:54:13 AM
I think it's good to paste this here, on a new thread:

... Before you consider using a cryptocurrency or a cryptocurrency application long-term, make sure it's
1.  Well decentralized,
2. Transparent
3. Immutable,
4. Censorship resistant,
5. Trustless/permissionless,
6. Privacy-friendly/anonymity-friendly,
7. Secure/safe
8. Consensus-driven... and you can participate in full network consensus without needing to buy stakes/hardware you can't afford.
Consensus should be based on fair merit/reputation system!

Others
9.   It's very useful,
10. its native coin is deflationary,
11. It fairly easy to run full nodes... and allows you to fully control your coin and data.
12. It has to have clear rules/principles/boundaries that shouldn't be crossed for the sake of  proper network decentralization and participants safety.
13. It's unique
Etc.

I first posted the quoted post ^ here:
https://bitcointalk.org/index.php?topic=5281086.msg55370132#msg55370132
2785  Economy / Economics / Re: Bitcoin Balance on Exchanges Reducing on: October 13, 2020, 09:47:24 AM
I think It really depends on whether people are withdrawing to "hold"...and really hold, or they are using bitcoin within a Bitcoin economy/ecosystem without selling too much for fiats or other currencies.
2786  Economy / Gambling discussion / Re: A case of the pandemic changing the score and affecting sports betting on: October 13, 2020, 09:23:57 AM
This match went not as expected, but the outcome did not change, but this is just one case. What if the outcomes will change due to key players testing positive and weaker ones playing? Wouldn't it twist the games a lot, making them less predictable and less satisfying?
Do you think it's a big factor to take into account given the current situation?

I think it would also depend on how experienced/skilled the coach that is coaching the team with so called weaker players. A good coach should be able to use the "weaker players" to win the competition. I wonder if there are lots of such coaches around.

The outcome of this game would've changed if the key players of the team that is expected to win were affected more by the illness(and assuming the coach is not that good), while all the players of the other team in the match are healthy.
2787  Economy / Gambling discussion / Re: Betting small amounts on a lot of matches or big amount on couple of matches? on: October 13, 2020, 08:36:29 AM
I have been gambling a lot these days with soccer matches but I'm not enough lucky to make a profit. Howeber, I'm not into huge loss. It's very tiny amount if I check all the previous P/L.
I don't bet big amount. Usually, I bet $4/$5 worth of BTC on a lot of matches; sometimes I win and sometimes I loss. But that can't make me any profit.
Should I go for bigger amount of bets on few matches or stay with current strategy (placing many bets of small amounts)?

If you are going for profit I recommend that you go for bigger amount of bets on a few matches pick the matches that you think you know who is playing, if you want to bet for entertainment and just for curiosity sake then betting a small amount in many matches is good this is to tryif it's your lucky or you are good in sport betting.

As long as the bettor can afford to lose the "bigger amount of bets". By "can afford to lose" I mean a bettor has lot more money for his basic needs than he is spending on bets. (Basic needs also include things that are profitable, or things that earn more income for a bettor.)

I think It's better for a bettor to research and learn a game (and be sure to be consistently profitable) before betting with "bigger" amount...That should be by, increasing the bets abit higher as the bettor becomes confident, successful and better in his/her skills.
2788  Economy / Gambling discussion / Re: Are there any truly safe bets in sports betting? on: October 13, 2020, 07:55:38 AM
Safe bets are bet with high probability of wins. That doesn't mean the team can't still not lose and when they do, you end up losing more money than you have won. This is not rocket science, it is natural phenomenon and that is more reason to also analyze bet based on some factors such as injuries, formations, players available for selections, referee etc.

I think I would bet abit higher on bets I am more sure about after doing my thorough analysis/research on matches I want to bet on. This should increase my chances of winning the bets with higher amount, and compassate for losing the bets with lower amounts and lower chances of winning.
2789  Bitcoin / Bitcoin Discussion / Re: 12 years and no country has approved Bitcoin ?? on: October 09, 2020, 03:52:36 PM
I guess you mean bitcoin(the currency)... or do you mean both the currency and the Decentralized Network/tech?
If they didn't approve Bitcoin, they wouldn't be copying the technology (like Blockchain) or allow Bitcoin exchanges/platforms to trade in countries.
I think part of the problems is that regulators either don't understand Bitcoin in order to make it part of the law and officially approve it... Or it's probably too transparent/decentralized/immutable for the liking of some regulators, and won't let them operate opaquely, lawlessly, without accountability, etc
. So for such people, the technology has to be centralized and controlled by them for them to approve it.
2790  Alternate cryptocurrencies / Altcoin Discussion / Re: Smart idea designed for student on: October 09, 2020, 03:07:57 PM
Well, as long as it's decentralized and crypto-based, to avoid potential problems in the future.
I think it's better for projects like that to adopt Bitcoin early standards/principles or even be improve and stick to them if they wish to thrive honestly in Crypto space without much problem.
By the way, I think  the *Student Token Offering* should be under *Initial "Cryptocurrency" Offering* to avoid confusion.
2791  Alternate cryptocurrencies / Altcoin Discussion / Re: Stablecoins and Blacklists on: October 09, 2020, 02:46:33 PM
Interesting.
Who is doing the blocking (if they were really blocked)? Did the owner/owners commit any crime? And was the crime clearly stated for the public to see? Are the stablecoins with such block feature decentralized or centralized? If decentralized, is the blocking done via network consensus?  No true decentralized stablecoin/crypto should be blockable without proper, transparent and community consensus. So, I would avoid any so called decentralized stablecoin that can be blocked without proper consensus.  Decentralized coins should be censorship resistant and transparent. The only coins that could be frozen/blocked are those that have been used for serious crimes or owned by serious proven criminals.

2792  Other / Off-topic / Don't misuse good ideas shared in Crypto space on: October 09, 2020, 10:23:58 AM
Watch each other so they don't abuse things shared in Crypto space for the good of humanity(esp those who believe). Everyone using the ideas need to be transparent. I am sorry for those who intentionally use what is from GOD for evil. If they don't repent (change & surrender to JESUS CHRIST), they will be judged (this is what the Word of GOD says)
2793  Bitcoin / Bitcoin Discussion / Re: Historical prices of bitcoin on: October 09, 2020, 09:54:12 AM
Interesting. There are interesting patterns.
 I wonder what happened between October  (I assume all the prices for each year are for month of October alone?) 2014/2015.

The percentage increases between two years is even higher at 2012/2013  than 2016/2017.
2794  Economy / Gambling discussion / Re: Proof of pure luck on: October 09, 2020, 09:24:50 AM
I regards to posting hashes on a seperate page of a *betting* site. I guess the "hash page" should be immutable to prevent the admin of the betting site from changing the hashes, or is it immutable?



Lately, I'm building a keno-based game that will prove its luck and I would like your opinion about that. I will leave an option to gamble with real bitcoins, but you can of course try it for free once it's done. It's just an experiment.

I think they should bet with little bitcoins (what they can afford to lose) and not gamble(take big risk).



Anyway, I think you may be trying to do this to see bettors chances of winning games with high/low chances of winning.
I think the games with high chance of winning "big" should cost more or be more valueable while those with low chances should cost less. That is how I assume the betting sites owner do it.
This^ makes things not pure luck

2795  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: 🔥🔥🔥🏈⚽ EVERBET.IO: MULTI-CHAIN SOCIAL BETTING DAPP !!! ⚽🏈🔥🔥🔥 on: October 09, 2020, 08:12:08 AM
Hi,

did you join the telegram already?

https://t.me/everbet_io



Telegram is ok. Wish I could share the ideas on some sort of decentralized/peer-to-peer Telegram-like messenger. The messages on the messenger should be peer-to-peer/decentralized, immutable, secure, activities fairly transparent, should be privacy-friendly/anonymity-friendly, application open-source/transparent, etc. I should be able to have our messages in a node I fully control. Our message should be throughly encrypted and immutable. The peer would own/have their decryption keys to decrypt their messages.

Note: not investing....just advising/sharing ideas(for free)
2796  Bitcoin / Project Development / Re: Invest with friends and family in crypto world on: October 08, 2020, 04:36:27 PM
Seen a post with similar idea (probably built already) and the project claims to be decentralized. It sounds attractive but could be very risky considering it's new.
 Devs should build things like that more, so people don't handover their funds to businesses... And this can help keep a cryptocurrency decentralized if everyone controls his/her coin & only need to plug-in to use crypto services
2797  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Decentralized Fund Management on: October 08, 2020, 03:25:24 PM
Hey guys,

I just stumbled across this project:
https://unifund.global/
(EDIT2: links are all fixed now)

Its some kind of fund management platform, where you can contribute your Ether into trading groups.
Head of the trading groups are one or multiple leaders. After contribution phase, these leaders can use your contributed money to make trades on uniswap to gain profits. After group closing the leader gets a share of the profit. So what?! Doesnt this exists already on exchanges? Yes.

But this is completely decentralized and rug proof.
The clue is, all funds of all trading groups are held by a smart contract, so a leader can only send "trade commands" to the smart contract and has never control of the funds nor can steal the funds. To further secure the funds of all members the Leader has to put in a collateral, thats gets distributed to all members when the leader closes the trading group in loss.

For me this is the perfect opportunity to further increase my Ether holdings... because i am really bad a trading...

What do you think guys? Do you know other projects like this? Im just curios. Im not affiliated with this project. I just threw an Ether into one of the trading groups. So im technically shilling this project Cheesy

Here some links if you are curios:
https://medium.com/@UnifundGlobal

https://twitter.com/UnifundGlobal
https://t.me/UNIFUNDANN
https://t.me/UnifundGlobal

Best regards!




Interesting.
How safe is it?
Do they have Terms of service... and have you gone through them to know if this is very safe or not? How about the smart contract, safe?  


To further secure the funds of all members the Leader has to put in a collateral, thats gets distributed to all members when the leader closes the trading group in loss.

No possible losses for traders in this^ case?
I wonder what they used for the collateral, their token?

Anyway, I would advice members not to put what they can't afford to lose until they are sure this is very safe.
2798  Other / Off-topic / Re: Understand Decentralization. on: October 08, 2020, 10:09:44 AM
Edited the subject from "Can we blame decentralization for how members approached interested investors?" to this^ (Understanding Decentralization).
The posts remain thesame.
2799  Other / Off-topic / Can decentralization produce the richest people on earth? . on: October 08, 2020, 09:56:08 AM
Ofcourse, it can!
If Satoshi really owned a million bitcoins, he could become the richest man on earth in the future if Bitcoin keeps going up. Besides, there is nothing wrong in founders owning large amount of coin if it's for the good of the network and not not for selfish reasons.

You can even build a decentralized company in Crypto space and make lots of money from it without users/members getting disadvantaged as a result of your wealth. Just try as much as you can to keep large part of your wealth within your decentralized company/business and make sure the wealth is used to benefit the network while still earning you more wealth.

 Who says you can't be very wealthy if you do this, and other important things not stated, right? He/she probably don't understand decentralization.





* By the way, I don't own huge amount of coins and I'm not planning to. Just writing this in response to post I found somewhere. I'm abit concerned that people will think it's true.
2800  Bitcoin / Bitcoin Discussion / Re: Enough is enough! Good bye Bitcoin! on: October 08, 2020, 09:35:23 AM
Do people use Bitcoin/crypto on Centralized Platforms, without censorship resistant and expect this not to happen? . This is not really the direction the inventors of Bitcoin want the users/participatants to go. It should be used p2p and decentrally. People are basically using it wrongly, so you should expect those problems  experienced by your country's exchange to happen.

It's best to keep things well decentralized and implement your good national laws on the decentralized platform/exchange... then invite your national regulators to see that you aren't doing anything bad that is against the law.

Before you consider putting anything serious on a Bitcoin/crypto platform or application, make sure it's Well Decentralized, immutable, transparent, privacy-friendly, censorship resistant, secure, consensus-driven, has the right rules, etc.  If you use it this way, a government won't bother you if its law is followed and you are doing things right.
The suppression or censorship of things by governments could be due to immorality/lawlessness. If you can solve the problem on your decentralized platform, they will have no reason to suppress/censors you unless it's a lawless/dictatorial government.
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