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301  Economy / Economics / The Banking system are highly illiquid right now on: February 24, 2015, 01:26:23 PM
This article talks about how people are trying to protect their assets :

http://www.zerohedge.com/news/2015-02-19/meet-bureaucrat-who-had-courage-tell-truth-will-be-jobless-tomorrow

Big financial institutions in Europe can't sell more than a few millions euros worth of bonds to a bank, the market is highly illiquid. Gold and Bitcoin should thrive when the thin lawyer of confidence that the western populations have in their banking systems start to crack. It could be in a year or two years but it feels like it started so it could happen much sooner.
302  Economy / Gambling / Re: Primedice | Most Popular & Trusted Bitcoin Game | Huge Community | Free BTC | 1% on: February 23, 2015, 10:57:47 PM

Someone can explain me this?

3,903,344,734  Druks  20:34 0.00000099 1.012x <97.82 22.22  0.00000001
3,903,339,577  Druks  20:34 0.00000099 1.012x <97.82 14.57  0.00000001
3,903,338,658  Druks  20:34 0.00000099 1.012x <97.82 8.00  0.00000001
3,903,311,807  Druks  20:31 0.05252187 1.303x >23.99 5.69  -0.05252187
3,903,311,633  Druks  20:31 0.01500625 1.303x >23.99 10.83  -0.01500625
3,903,311,497  Druks  20:31 0.00428750 1.303x >23.99 7.40  -0.00428750
3,903,311,336  Druks  20:31 0.00122500 1.303x >23.99 5.46  -0.00122500
3,903,311,202  Druks  20:31 0.00035000 1.303x >23.99 16.14  -0.00035000
3,903,311,056  Druks  20:31 0.00010000 1.303x >23.99 7.22  -0.00010000


It clearly shows that PD has anti-bot system, so why is there such option then?

what about honest roll?

PD has an anti-bot system?
They have a bot integrated on the website.
303  Economy / Economics / Re: Peter Schiff about the Winklevoss twins interview about the future of Bitcoin on: February 21, 2015, 12:17:59 PM
Everyone that isn't on Bitcoin yet has an old man mind. That's a fact.

Adam Smith guesstimated that only one in a million understood inflation. Nowadays, maybe one in thousand understand fiat, bank money creation, central banking. Half the people understand that it is smart to own real value through being short fiat with leverage (which is another way of saying own a house with a mortgage and a small personal equity).

Almost nobody understand why a house have value, most people believe it has something to do with the cost of building the house (the defunct labour value theory). Most people trust the central banks. Most people believe the money is well managed.

It has nothing to do with age. I suspect some old people know about hyperinflation (but only in failed states, could never happen here).

I think it has to do with education at school and ignorance. Children are taught the state takes the correct decisions to protect the people and especially the weak and the school system selects a small number of people to rule saying to the rest of them that they don't have the capacity to be in that small number of people.

Also, things were perceived as going correctly in the west for decades in the sense that they were not wars inside the country. So people trust the system. But what is happening is that the Central Banks and the governments have been mismanaging and hiding their errors while not being taken accountable for anything negative.
The west is rich so it is easier for politicians to hide their mistakes and act like everything is ok until the system will fall apart. When it does, they will not hesitate to blame it on the free market, an outside country or immigrants and they will suggest more government action to protect the people.

If you have 200millions, a successful business and you are gambling hundreds of thousands every week-end and having multiple mistresses, you will be able to hide your lies and bad habits to your wife for a while if she doesn't look closely at your expenses.
304  Economy / Economics / Re: Peter Schiff about the Winklevoss twins interview about the future of Bitcoin on: February 20, 2015, 09:02:23 AM
Such a conservative man.
We're on a growing exponencial line in terms of technology advancements.
If people who are it their 30/40 sometimes have difficulties coping with novelty, imagine someone born before computers existed. Their minds simply cannot imagine many of the things that await us.

You think 30 to 40 is old?  LOL.  Winklevoss bros are 33 or 34

Only people who are 20 and younger were raised with recent technology, wild use of internet and mobiles.
305  Economy / Gambling / Re: -1 BTC to + 1 BTC playing DICE online with bitcoins on: February 19, 2015, 09:04:48 AM
I have never witnessed it on my own but I have heard stories of people going from nothing to 1+ BTC and it takes a lot of luck and patience but in the end they give it right back up. Smiley

At Pocket Rockets Casino someone went from 0 to +40 Bitcoin with one roll. You can't do that on Prime Dice.




You can do from 0 to +30, that's not a big issue.

I was sure 20btc was the max payout on Prime Dice after Stunna lost a lot? At https://pocketrocketscasino.eu/ you can win 190 Bitcoin in one roll, highest of any Bitcoin dice site.

It is as stated in the FAQ.
306  Economy / Economics / Re: Peter Schiff about the Winklevoss twins interview about the future of Bitcoin on: February 19, 2015, 09:03:30 AM
When the US Dollar will lose most its value in a short period of time, owning gold or bitcoin should be great.

I agree, and I would love to have gold at that time. But Bitcoin is much easier to use in such a situation.

Of course Bitcoin is great and easier to move, store and trade than Gold but Gold is great too. It is the father of Bitcoin.

Gold is deprecated compared to bitcoin.
In fact everything is.


Gold is used in various industries and in jewellery, it is the best metal and is trust by many everywhere in the world. It is not in the chart. I like the chart otherwise.

Bitcoin has value but it doesn't mean Gold doesn't.
I dont trust gold unless the actual gold is sitting next to me.

I don't even quite trust it when I own it physically. Who knows how much of it is out there. With crypto I know this.

You are right in regards to the opacity of the gold market and the price fixing by a happy few but they cannot fix the price for ever and we have an idea of how much gold has been extracted, how much is in the ground and how much it costs to extract it.

Owning it physically is safer than having paper gold from a company that is having fractional reserves and may go bankrupt.
307  Economy / Gambling / Re: Story about a big win > 5 BTC on a gambling website on: February 19, 2015, 09:01:05 AM
up Wink
308  Economy / Gambling / Re: What is the most fair site you have played? on: February 18, 2015, 01:03:05 PM
PD (see signature) is supposed very safe.
309  Economy / Gambling / Re: Fun way to WIN on: February 17, 2015, 10:12:34 AM
wow its not like nobody on this forum has ever heard of this thing called martingale method and positive progression betting
you must be a genius to think of this
you should totally copyright this before we dumb people steal your genius idea
wow

I am sensing some sarcasm in your answer
310  Economy / Gambling / Re: Fun way to WIN on: February 16, 2015, 04:49:25 PM
Wait until you hit 24 reds in a row and you maybe reluctant to think this was a wise post.

Not a wise way to win but a fun way to win Grin

This is a "I found the perfect method to win" post Wink Pleas gamble responsibly mates!
311  Economy / Gambling / Fun way to WIN on: February 16, 2015, 10:39:33 AM
You play auto-betting on Primedice and you start with 10,000; first bet 100 on x2 and you increase of 100% or 110% when you lose.

You just let it ride so you can have 6 losses in a row when you have about 12700 then 7 losses when you have 25,500. My friend has 200K and keep betting as we speak.
312  Economy / Gambling / Re: -1 BTC to + 1 BTC playing DICE online with bitcoins on: February 15, 2015, 11:35:12 AM
This doesn't prove anything, he won 1 btc and someone else lost at the same time. I read about a guy who put a large sum on 98% dice and lost it all. Remember that all these site owners aren't poor, they are always earning, so the number of losers has to be greater than winners. It's great if from time to time someone wins big and happily shares the news with people, this only brings more players to the table Wink

They just need the total of losses to be greater than the total of wins. PD can expect to make 1% of the btc wagered on the long term
313  Economy / Gambling / Re: -1 BTC to + 1 BTC playing DICE online with bitcoins on: February 14, 2015, 12:40:18 PM
I have never witnessed it on my own but I have heard stories of people going from nothing to 1+ BTC and it takes a lot of luck and patience but in the end they give it right back up. Smiley

At Pocket Rockets Casino someone went from 0 to +40 Bitcoin with one roll. You can't do that on Prime Dice.




You can do from 0 to +30, that's not a big issue.

I was sure 20btc was the max payout on Prime Dice after Stunna lost a lot? At https://pocketrocketscasino.eu/ you can win 190 Bitcoin in one roll, highest of any Bitcoin dice site.

The max bet used to be 40 BTC on PD but it went down to 20 : https://primedice.com/faq

Know someone who went from -1 BTC to + 1 BTC, it should feel good, shouldn't it?

Primedice only has a 1% edge so it is easy to recover a loss or to win a large amount before you are hit by variance.

I went from 1BTC to -10.5BTCAngry

Feels horrible..

Must feel horrible. I look at people's profit and it is usually between -1.5 and + 1.5

Best thing to do while gambling is make the bet of the whole amount at once and walk away .
Win or lose.

Mathematically the best thing to do is not bet then do what you said Grin
314  Economy / Gambling / Re: -1 BTC to + 1 BTC playing DICE online with bitcoins on: February 13, 2015, 11:23:28 PM
Know someone who went from -1 BTC to + 1 BTC all time, it should feel good, shouldn't it?

Primedice only has a 1% edge so it is easy to recover a loss or to win a large amount before you are hit by variance.

If someone is going from -1 BTC to +1 BTC all the time , then it implies they also go from +1 to -1 , which isn't much of a winning .
Best to never chase losses.

He went from -1 BTC to + 1 BTC but playing small amounts.
Oh, yeah happens at times Tongue People get lucky. I wish I had that luck, 99% of the time, I just lose while chasing any losses.

If you win, you play more but if you lose you chase losses. I just wanted to show you could win Grin
315  Economy / Gambling / Re: -1 BTC to + 1 BTC playing DICE online with bitcoins on: February 13, 2015, 11:16:37 PM
Know someone who went from -1 BTC to + 1 BTC all time, it should feel good, shouldn't it?

Primedice only has a 1% edge so it is easy to recover a loss or to win a large amount before you are hit by variance.

If someone is going from -1 BTC to +1 BTC all the time , then it implies they also go from +1 to -1 , which isn't much of a winning .
Best to never chase losses.

He went from -1 BTC to + 1 BTC but playing small amounts.
316  Economy / Economics / Re: Peter Schiff about the Winklevoss twins interview about the future of Bitcoin on: February 13, 2015, 10:49:46 PM
When the US Dollar will lose most its value in a short period of time, owning gold or bitcoin should be great.

I agree, and I would love to have gold at that time. But Bitcoin is much easier to use in such a situation.

Of course Bitcoin is great and easier to move, store and trade than Gold but Gold is great too. It is the father of Bitcoin.

Gold is deprecated compared to bitcoin.
In fact everything is.


Gold is used in various industries and in jewellery, it is the best metal and is trust by many everywhere in the world. It is not in the chart. I like the chart otherwise.

Bitcoin has value but it doesn't mean Gold doesn't.
317  Economy / Gambling / -1 BTC to + 1 BTC playing DICE online with bitcoins on: February 13, 2015, 10:42:43 PM
Know someone who went from -1 BTC to + 1 BTC, it should feel good, shouldn't it?

Primedice only has a 1% edge so it is easy to recover a loss or to win a large amount before you are hit by variance.
318  Economy / Gambling / Re: Primedice | Most Popular & Trusted Bitcoin Game | Huge Community | Free BTC | 1% on: February 13, 2015, 10:40:35 PM
We don't see the usernames of our referrals anymore?
319  Economy / Economics / Re: Peter Schiff about the Winklevoss twins interview about the future of Bitcoin on: February 13, 2015, 07:42:33 AM
Peter Schiff is a great commentator on topics he has background and expertise in, and unfortunately this isn't one of those areas.

I agree with you, he has expertise in bubbles and he says Bitcoin is one but he said Facebook had no or very little value..
320  Economy / Service Discussion / Re: Bitstamp NOT CREDITING DEPOSIT - Bitstamp&the learning curve on: February 12, 2015, 03:49:54 PM
They seem to have changed the bank.

They changed the bank but all previous transfers will be returned. My last deposit was a day before they closed the exchange because of the hack, I don't have good timing with bitstamp lately!

JP Morgan doesn't seem to process Bitcoin related bank wires either.
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