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2961  Other / Beginners & Help / Re: Why KYC is extremely dangerous – and useless on: July 12, 2020, 10:42:07 AM
Well, that's true. But if my bank is hacked and money is stolen or they have violated data protection laws, then the bank must pay the compensation or can be sued. That is not the case with Binance. You don't even know where to turn for a legal action. Malta? China? Singapur? Hongkong? All the institutions you mentioned are subject to strict legislation.

But we are talking about sensitive data hack. There is no compensate that bank can offer that will reverse your ID being actively traded on darknet (if they admit to being hacked at all).

Regarding binance. They have special #safu fund that collect 10% of trading fees in case there was a security issue to cover users loses. Their reputation is worth more than coins in their wallets. They will pay better and faster than bank guarantee fund.
2962  Economy / Gambling discussion / Re: GAMBLING SITE INVESTMENT on: July 12, 2020, 08:11:49 AM
I think some people are just afraid of losing further funds in BTC so they close their investment and part with tiny profits or even with negative.

I've already said - when someone is winning big it is the best time to invest. Running away only because a whale is temporary lucky is not the best strategy.

What do you guys think about "trading on casino profit chart?". Not saying about doing regular TA (trend lines etc) but simply investing on the dips? From first look it does not makes sense. This chart is not moving based on supply and demand and should be moving 100% random in short term while in long term going up, but is it 100% random?

I'm just thinking:

-How often did you withdraw your profit from gambling site?

If someone wins big:
In most cases people gamble until they loose everything. Even if they double/tripple they come back next day to lose it all. They have different approach with profit money than with earned money (are willing to take more risks).
If someone loose big:
In most cases leaves casino for a while (waiting for next month salary f.e). He simply can't play more without money.

So i'm saying that after dumps casino has higher chances for short term profit than after pumps and that dives you nice kick for the start of your investment.

10% ROI or more, very very risky.. Now if those whales stopped sucking our profits, it will require more than a month, for me at least, to return to 0.

That's what I thought seeing -5% in my doge investment after lucky whale winning big but it required only 1 not lucky whale to lose big do +10%.
2963  Economy / Gambling discussion / Re: GAMBLING SITE INVESTMENT on: July 11, 2020, 03:33:30 PM
I am recording the share rate in my table, yes there was a drop but not that important imo.
Honestly in this period I would withdraw my funds in any profitable coin and keep watching the trending. Whales are hovering around and dip over dip especially in BTC. Take a look on the chart, i was - 50k satoshi few hours ago and now - 65k and counting. A guy registered 4 hours ago part with 3 BTC profit hehe!
Ohh you are right in Your Thread there are also actual shares of your investment:

DOGE pump started 6.07.2020

03/07/2020 || - - - - - - - - - -   || - 0.00025771 BTC || - 2.34 $        || 0.01204229 BTC || 0.005209%  || - 2.0954 %
Week 5
08/07/2020 || - - - - - - - - - -   || - 0.00026493 BTC || - 2.47 $        || 0.01203507 BTC || 0.005243%   || - 2.1539 %
11/07/2020 || - - - - - - - - - -   || - 0.00050034 BTC || - 4.61 $        || 0.01179966 BTC || 0.005298%   || - 4.0678 %

It looks like during this period your share grow up form 0.005209% to 0.005298% (+1,7%) instead of dump ... surprising. My strategy when doge will pump further is dump it using yolodice exchange and invest it in BTC bankroll waiting for DOGE dump. I thought that it is popular strategy. Popular enough to make it visible is BTC investors stats.

2964  Economy / Gambling discussion / Re: GAMBLING SITE INVESTMENT on: July 11, 2020, 02:36:57 PM
Guys i have a question. After recent DOGE pump my investment share grow up by 45% (meaning that lots of investors quit DOGE investment to dump doges and profit from pump) Now my coins are 50% more exposed to site profit/loses - wonderful. I wonder if yolodice DOGE investors dump doge to BTC and waiting for DOGE to chill invested funds in BTC bankroll? Did you see that your share in BTC bankroll dropped significant since last 7 days?
2965  Economy / Gambling discussion / Re: GAMBLING SITE INVESTMENT on: July 10, 2020, 04:18:54 PM
Damn. One whale just go wild on DOGE.

6 days ago I posted this:



Now its:



And it is mostly last 24h performance.

And my 2 months old investment is back on truck afer being 33 days under water.
2966  Economy / Speculation / Re: Globb0 BTC charts on: July 10, 2020, 04:12:27 PM
I continue to be concerned with the volume, is it me or is it declining?



Yep, it looks like its declining. But I think that we are spoiled with volumes from 9000 - 3500 - 9000. Volumes that was caused by extreme volatility and emotions. I can't imagine an asset that is stuck for 2 months in narrow range and does not loose volume. It seems impossible to me. The longer we see the same price the more people that are satisfied with it are done with their transactions no matter what the final direction is especially now when we can bet in both directions (short, long).
2967  Economy / Services / Re: Bug Bounty on FortuneJack | Get Rewarded for Finding Bugs on: July 09, 2020, 12:21:54 PM
Analysis:
May balance before I execute the game based on evidence provided aboved:
Balance=0.010000007
1st game:  loss of $0.10(0.000010782btc)
0.010000007-0.000010782= 0.009989225btc
2nd game: win of $0.20(0.000021555btc)
0.009989225+0.000021555= 0.01001078 This should be my balance and not 0.010000002 Which explained there is another loss that is not executed, but clearly deducted.

Hmm If you played 2 times with 2x payout, you win once and loose once you should end up on 0 profit/loss and that's what we see in here.

The thing that confused you (makes you think that it is a bug) is that this "0.009989225+0.000021555= 0.01001078 This should be my balance and not 0.010000002 " is correct if you somehow get a free (bonus) bet that you didn't had to pay for.

Let me put it in in other words. If you play in roulette in real casino you put 1 coin on the table on red (1 is deducted from your balance) and if you lose that's it, if you win you get double you put (2 coins are deposited to your balance, so you are +1 profit) but 1 has to be deducted no matter if you win or loose. That's your bet, your money put into game. You get it back with profit or lose.

Hope that I understand your issue correct and explain myself in a way that it is understandable. In my opinion, in your case, there is no bug.
2968  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Idena is the first Proof-of-Person Blockchain on: July 09, 2020, 07:24:55 AM
BTW anyone have a spare invitation to give it away. It will be appreciated!
Thanks in advance!

I always have invitation for early adopters. PM send.

BTW long time gone and no report about network grow:



"1,2,3,4" flips, should be always reported.

Agreed. The way I see it - being too lenient on weak flips (no bad flip penalty) will end up like that:
1- You do 6 flips out of which 4 are 1,2,3,4
2- 4 flips are disqualified and you are rated based on 2 flips that qualified
3- you made a mistake in one and you are killed.
4- knowing a fact that you only need to do 2 flips on average and fast-skip 4 you can start 3-4 nodes easily

50% for 1 bad flip and 100% for two is good for a start. If network will remain stable I don't see a reason why not come back to this discussion with 30%, 60%, 100%.


2969  Economy / Gambling discussion / Re: GAMBLING SITE INVESTMENT on: July 08, 2020, 04:39:05 PM
LTC investment is a more stable than DOGE (I have only these two invested coins).

What's your strategy regarding doge investment after recent 100% DOGE/BTC pump? As I see lots of investors are closing investment. My share grows by 24% (means 24% of investors already close to dump DOGE to BTC or usdt) (edit - it's 32% now). I'm fighting with myself to do the same and reopen investment when doge will dump back to ~25-30 sat.

Anyone else here with open DOGE investment to share thoughts?

There is interesting thing going around DOGE right now making investment in doge bankroll more spicy.

https://cointelegraph.com/news/dogecoin-gains-20-amidst-tiktok-pumping-challenge

Looks like there is a pump event on tik-tok ("Let's all get rich! Dogecoin is practically worthless. There are 800 million TikTok users. Invest just $25. Once the stock hits $1, you'll have 10 grand [$10,000]. Tell everyone you know."). I'm not fluent in tik-tok and I don't want to be, but from what I see, more and more influencers join the action.

My strategy is:
Hold my bankroll investment till doge reach 100 sat (1$ is impossible its x250, MC 5 times more than ETH, very close to BTC) and then close it and dump doge to btc.
2970  Economy / Gambling discussion / Re: GAMBLING SITE INVESTMENT on: July 08, 2020, 06:21:29 AM
LTC investment is a more stable than DOGE (I have only these two invested coins).

What's your strategy regarding doge investment after recent 100% DOGE/BTC pump? As I see lots of investors are closing investment. My share grows by 24% (means 24% of investors already close to dump DOGE to BTC or usdt) (edit - it's 32% now). I'm fighting with myself to do the same and reopen investment when doge will dump back to ~25-30 sat.

Anyone else here with open DOGE investment to share thoughts?
2971  Economy / Gambling discussion / Re: GAMBLING SITE INVESTMENT on: July 07, 2020, 05:36:29 AM
2 months of profit is gone. Ehh. It seems that the investment in one casino is offended by too much risk arising from the appearance of extreme events
@yatsan did you analize investors chart too? I have a strage situation with my investment.

I've started my investment in 13.05. According to yolodice profit chart yolodice earned close to 5 mln doge since than.


50% of it should go to investors - 2.5 mln DOGE that goes to 80 mln DOGE in investments (+3% for investors since 13.05). How is it possible that i'm on 0.016% loss?

2972  Other / Beginners & Help / Re: Why KYC is extremely dangerous – and useless on: July 06, 2020, 05:09:19 AM
Of course, I would be happy to get a Polish translation. I've reserved it for you now:

Thanks. I'll let you know when it will be ready.


Binance may have been a reliable exchange in the past, but Binance can be hacked just as any other exchange.

Just like your bank, your police station, airport, tax office and every other entity that has ever stored your sensitive data. IMO binance security is on higher level than most of those including banks.

2973  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Idena is the first Proof-of-Person Blockchain on: July 05, 2020, 05:22:17 PM
@Flangler There is ongoing vote for this. Just vote and spread awareness about it. Not just say you don't like current situation and that's it. There are a lot of different factors (f.e network stability) that might be more important in this case. More important that being fair for someone who is not able to create a flip. 1.5$ for good flip, 0 $ for bad flip and no bad flip penalty will affect in 100% "1,2,3,4" flips and will destroy network.

@lemonandfriesonetwo



You think that flips are getting worse and worse but on the other hand you want devs to destroy the only financial motivation that people have to create good flips. That does not make any sense other than FUD making from a guy who dumped his coins on loss and move to other projects. Just do the same with your forum activity. Stop posting the same things over and over gain full of venom and hatred.
2974  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Qortal Genesis - The Infrastructure for the Internet of the Future on: July 05, 2020, 08:21:19 AM
Understood, thanks but I still don't know what if someone will start xxxx nodes? What is the mechanism that protects against privatizing network by obtaining the majority of nodes?
2975  Economy / Gambling discussion / Re: GAMBLING SITE INVESTMENT on: July 04, 2020, 06:20:03 PM
Hey Buddy, I'm impressed and I see a picture of joy that your baits are being nibbled about this investment or something. I have been a gambler loosing damn money all days but never practices investment in gambling sites, how do you go about this mate? As you have been following up till week 5, I need to be among.

Not so good at this moment:



My doge investment is -0.5% after 1.5 month thanks to lucky whale that ate 7% of my profit in 1 day. But I expected that and invested only small portion of my portfolio. This is extremely high risk high return strategy since doge is very volatile and strange coin. It can be -90% or 10x in 1 year. x2 from bankroll investment and x5 from price change:



Doge is on 5 year support with cycle pomps x3 - x6

2976  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Qortal Genesis - The Infrastructure for the Internet of the Future on: July 04, 2020, 06:02:24 PM
Just new here so i have newbie question. How this network protects from 51% attack? It's not POW, POS.  How this "‘prove yourself as a full node and online’" looks in real life?
2977  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Idena is the first Proof-of-Person Blockchain on: July 04, 2020, 05:28:39 PM
snip

I don't have enough fingers to count how many times you have raised the same issue. How many times you need to hear the same answer? Remeber to use colours, underline and bigger font size next time just like every spamer do. This will for sure change answer you will get.

Any way to optimize client and mining process.
Since last update, my PC constantly freezing, so I need
to restart it every time  Huh

othell_rogue gave good advices. If it wont help try ctrl+alt+del and check what is the issue. CPU, memory, HDD? Report it to devs on discord. realRioda is very helpfull in technical cases.
2978  Economy / Gambling discussion / Re: GAMBLING SITE INVESTMENT on: July 03, 2020, 10:10:41 AM
I am not sure are you understand what we are talking about in this case. It is about crypto-games casino, not Yolodice.

You said that crypto-games does not need investors because it earned enough which is not always the case (you may need investors even if you have enough money by yourself). To proof that i bring here 4 year old yolodice which earned 390 BTC and despite that still allowing investment having 200 BTC from investors (why if they already earned double the amount investors have? Because it is always good to outsource 100% risk in return of 50% profit no matter how much money you have).

spreading the story of investment in fiat or whatever.


Investment should be considered in compare to other investment types not like it is the one and only option. LogitechMouse asked question and I answered because i'm active in this thread since week 5 when i've started my investment too. Even get some merits from OP here. According to you its signature spamming. Report it to moderators than or PM me instead of spamming with your opinion about how off topic my post was.
2979  Economy / Gambling discussion / Re: GAMBLING SITE INVESTMENT on: July 03, 2020, 09:39:12 AM
For me fiat is not looking that strong as a long term investment. They are throwing bundles of it in the toilet
Newbie question Cheesy. I'm only invested in stocks and crypto as of this moment. Can you invest fiat for the long term?? If yes how Smiley. By holding it something like that?
I'm not that interested on it but I'm quite curious about it though.

You can invest your USD into Japanese yen or EURO or any other currency and hold it in your Multi-currency bank accounts (might be useful if you live in Venezuela and invest your Bolivar into USD f.e). The majority of FOREX trading is FIAT/FIAT trading so you can do it even with leverage. But it is only
choosing the slowest sinking swimmer attached to the same anchor called inflation.
2980  Other / Beginners & Help / Re: Why KYC is extremely dangerous – and useless on: July 03, 2020, 06:56:06 AM
but doesn't mean it's real team ID
This has been noted all too often in the past. Unfortunately it is also no big problem to buy a identity. Recently I read a report about it. I think it cost about $100 for KYC data.

Already posted it here:
50$ for full KYC data (with utility bill)
100$ for new credit card
Real physical fake id - 100$
NEW IDENTITY - 500-1000$ (with birth certificate, ID, driving licence, passport etc.)

Great work @1miau. If you don't mind i would like to do Polish translation.

There are probably millions of KYC data sets on the black market, with this number increasing daily as KYC enforcement becomes more widespread.

I will quote my post here that i made for a guy who was pro restrictions and pro KYC:

~50$ - that's how much you need to pay for KYC photos on darknet.
~100$ - that's how much you need to pay for credit card that is registered on random guy.

Also ICOs scammers has thousands of ID from their KYC that they demanded from their clients. Sometimes i think that this is a main income from today's ICOs. You get 1000 bounty hunters that perform KYC to get reward and you have 50 000$ from darknet. You don't need to sell even a single token during ICO.

Any restrictions will only makes things harder for honest guys. Scammers will always find a way to scam.

And actual data right from darknet:

By the way, do you have a source where we can see this tyranny scandalous activity of selling KYC information is happening?

I will not share darknet market links here because i don't know if its not against BTT (and personally i don't want to promote that) rules but i can link you this article to prove that I didn't made it up:
https://www.ccn.com/hacked-customer-data-from-world-leading-cryptocurrency-exchanges-for-sale-on-the-dark-web/

And photo of random vendor selling KYC data:


And if some may think that exchanges need photo with you holding a piece of paper with date than you need to know that 100$ is enough for fake ID.



So as I already said. Any restrictions will only disturb honest users. Every KYC, every coin holding if they are tailed with scam etc. Scammers will always find a way to scam and wash dirty money.

Scammers have fake IDs, KYC data, they sell OTC - P2P, they spread it through dozen of exchanges and cantors they may even use it to pay for signature campaigns for they current business (casino, exchange). It is possible that your address is already tailed. It is possible that they have their own exchange.

In present world you don't even need to collect single $ from ICO to call it successful. All you need to do is no-KYC bounty and change it to KYC bounty after 2 months.


KYC will not stop scammers. It helps scammers collect more data for thier scams.

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