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3041  Economy / Gambling discussion / Re: WHAT happened to goosebet.io on: January 27, 2021, 04:55:23 PM
Hi everyone I am not sure if  I am posting this in the right place, if not could the moderators move it where is suppose to be please?

I am wondering if goosebet.io is a legit site as the mod and the only admin in telegram have gone missing for over a week now.

The email support is like a ghost town as nobody ever replies and there is not any kind of support and it looks like it doesn't have any sort of license.

If u check the telegram chat so many people are complaining about they withdrawn pending for day some weeks and nobody acknowledges the issues , yet the casino accept players and takes the money.

Can this site be reported somewhere and be stopped? or can their representative step up and solve the issues??

Any advice would be appreciated.

Well it seems like Goosebet has gone nuts and missing. Read the comments from the link below,

https://foxyrating.com/en/review-37957-goosebetio

It will give you the access to different opinions outside bitcointalk. While the status still says new but it seems that they have turned into scam quite quickly! So if you have pending withdrawals, goid luck with that!
3042  Economy / Gambling discussion / Re: Newbie gambling sites on: January 27, 2021, 03:22:07 PM
I would like to deposit a small amount of Bitcoin for gambling purposes. I would like a few suggestions of websites that have you've used yourself and are trusted/safe to use for newbie gamblers?
Not interested in sport betting or anything similar, just something to try my luck and kill some time once in a while.

There are many websites and I don't want to sound like a promoter here. But here are the 3 websites that I have used in the past and didn't face any issue,

1. Bustabit
2. Fortunejack
3. Betcoin.ag

I know I am wearing the signature of betcoin.ag but in the past I have done for Fortunejack as well. But both fortunejack and Betcoin has their official representatives in this forum. So in case you need any support, they are just a text away. Which I consider as a big plus because sometimes things go wrong and you may need prompt aupport from the management. That's where they come handy!

Please note, I have written from my personal experience and you should not consider my experience while choosing your casino.
3043  Bitcoin / Bitcoin Discussion / Re: High possibility major governments will BAN Bitcoin in the near future on: January 27, 2021, 01:35:39 PM
The major governments of the world have for some time been laying the groundwork for their own national cryptocurrencies. Does that matter? Yes, it matters a lot. Bitcoin will be a direct competitor.

How come?? A National digital currency and a decentralized cryptocurrency is Nowhere related! A National digital currency is is as good as cash in your pocket no matter what ever digital convenience it brings!

Why do they do this? To remain in financial control and to stop financial crime like whitewashing of funds from happening. Is it likely to happen? Yes, the US banned holding gold privately in the 1930's. So that the US government was to be a monopoly gold holder in the US.

Quote
There is a clear danger that the US, Europe, China, Japan and others will get togheter and flat out ban and even criminalize the usage and holding of Bitcoin. Resulting in after the ban, if you are cought using and holding BTC, you would get a huge fine or jail term.

The price of Bitcoin would get killed completely, you would be looking at Bitcoin below $1000.

How likely do YOU think this scenario is? Although you might say this is only speculation, IT IS A FACT that these countries are working on cryptocurrencies of their own.  

There is a possibility that major governments may ban or criminalize the usage of cryptocurrency, especially bitcoin! However it is easier said than done! Cryptocurrency users can quickly move to privacy oriented coins if the need arises. So the enforcement agencies will have to find a needle in the haystack in the most literal sense.
3044  Alternate cryptocurrencies / Mining (Altcoins) / Re: Technical help needed for XMR Mining on: January 26, 2021, 07:59:04 PM
Hi all,

Many thanks for all your suggestions. I have enabled the Huge Pages and my CPU is doing around 4 KH/s along with administrative privileges. However, as rightly pointed out by some of you, it is not enhancing the performance of my graphics card. Now I have one simple question,

Is there any way to enhance the performance of my graphics card to fetch Similar hashpower for monero mining like it did for ETH mining?
3045  Bitcoin / Bitcoin Discussion / Re: Spending Bitcoin (from Jacob Bernstein at the New York Times) on: January 26, 2021, 02:31:36 PM
Hi there.

My name is Jacob Bernstein and I'm a reporter with the New York Times, where I'm doing a piece about whether, as Bitcoin surges (at least until this week), many bitcoin enthusiasts/investors actually use t to pay for things, and if so, what.

By most accounts, this appears to be less common than keeping it as an investment vehicle. And this makes sense given that most people who have physical gold or stock in gold don't use it to pay for groceries. But given that one can potentially use bitcoin to buy certain things, including airline tickets, stuff in the xbox store, goods on overstock, etc, I would love to find some people who actually do and hear about their experiences (including whether this has gotten easier in recent years or not).

If this is you, and you would like to talk, I can be reached by email at Jacob.Bernstein@nytimes.com and at 212 529 6573.

Text is always best way to make an intro by phone.

Unfortunately, I have to do this by Monday, end of day, so anytime today or over the weekend would be great.

All best, JB

Hi Jacob,

Welcome to Bitcointalk! I understand you are trying to understand the user behavior and their experience while using bitcoin to purchase goods or services. While I don't prefer to identify myself but still can provide you some insights,

Please consider some factors as mentioned below. You will find mostly 4 types of people here -

1. Rich with bitcoin! These are the early adopters where bitcoin were priced at few cents
2. Moderately rich with bitcoin! These are the people who adopted bitcoin when its price was in 3 digits
3. Poor bitcoiners! These are the people with a fraction of bitcoin in the holding
4. Satoshi bitcoiners! These people usually hold few hundred Satoshis only and actively look for ways to make few extra satoshis!

The question you have in mind, should also consider the kind of people you will be interviewing. Because an early adopter may hold few thousand of bitcoin who might not have any issue in spending a little from his treasure trove. This statement may go well for the moderately rich bitcoiners who hold few hundreds of it and may be willing to spend a little for special purchases! These types of bitcoiners are extremely rare in number.

However, for the remaining 2 types of bitcoiners, it is extremely difficult to spend bitcoins for any purchases because they believe bitcoin may give them financial freedom in next few years! So these type of people always tries to save every last bit of it for a better future! Remember, these groups are the majority in number!

Earning a bitcoin has become extremely difficult nowadays! A miner can't even think of solo mining even with specialized hardwares! Due to such difficulties, bitcoin is largely considered as an investment rather than a currency! You probably will find some old timers here who would want to put forward bitcoin as a currency and he might tell you about his joyful experience of spending bitcoin, but remember that he might be having few hundreds if it in his cold storage.

For a commoner and a late adopter like me, bitcoin is extremely precious to spend because its extremely difficult to earn! So I would rather hold it for a better time than spending it!
3046  Economy / Exchanges / Re: Coinbase IPO isn't good for Bitcoin investors and here is why🧐 on: January 26, 2021, 11:55:40 AM
Well, a cryptocurrency exchange and a stock market IPO, are positioned differently for different types of investors. We need to remember that Coinbase is one of the oldest crypto wallet providers in the market who had later jumped into becoming an exchange. They have done extremely well in the past and still going strong. So from business perspective, I can see great potential.

So from the stock market listing they will have access to funds which they can invest further to innovate their products and probably bring in new products and services which will further widen their business horizon. Cryptocurrencies are just 11 years old market with a very less penetration among world mass!

So I only see huge opportunities for now! I think it's a must have stock in anyone's portfolio regardless of the future of decentralized currencies. If decentralized cryptos end up dying, new currencies will be created and positioned into the market to fill the gap quickly. We don't have to worry just as now!
3047  Bitcoin / Bitcoin Discussion / Re: Driving to the moon? HODLer installs portable mining rig in BMW on: January 26, 2021, 07:27:10 AM
This is more of a fun experiment than a serious venture into crypto mining. Well, at least he's clear about setting it up "to annoy gamers."

As regards cost-benefit, I'm not sure if it's practical for anybody to do this. The car has a battery which could support the mining, of course, but then for the battery to charge, the alternator has to be working. Otherwise, the car's battery could easily be drained. For the alternator to work, the car's engine has to be turned on, thereby consuming fuel.

This is, therefore, practical only when Simon's on the move.

I second the opinion! It looks like a fund experiment to bitcoin mining and probably make more people aware about the bitcoin mining and its capabilities. I don't think he will be able to drive around the town with his car when the mining is on just because of the heat generated from the rigs. But yes, when the car is parked in somewhere safe, he will be able to utilize it for mining make full use of his time even when he is away from the home! But cost efficiencies will not be there unless he has free access to electricity! Fun experiment only but not practical!
3048  Bitcoin / Bitcoin Discussion / Re: who controls the bitcoin price? on: January 25, 2021, 12:55:46 PM
Bitcoin price is not controllable by any group or power. It's price is controlled by various factors,

1. Cost of production
2. Demand supply
3. Market circulation
4. Scarcity model

There are whales who hold large amount of bitcoins but they don't have the power to control the price of bitcoin. They can sometime influence the price to a certain extent by flooding the market with new bitcoin (creating supply) or withdrawing the bitcoins from the market (creating scarcity) which is commonly known as pump-and-dump technique. But these are temporary, they can't control the price of bitcoin!

You can read the below article to know more,

https://www.investopedia.com/tech/what-determines-value-1-bitcoin/

Hope this helps!
3049  Economy / Economics / Re: All world banks need bitcoin now big solution on: January 25, 2021, 12:29:35 PM
They need bitcoin to use it reseve asset.
So if. China bank needs eur currency they dont need direct buying or exchanging china fiat to eur or find correspondent intermediary bank to do transactions.

They can do the transactions with btc or eth works too.
Btc can replace all wire and swift transfers between banks.
When jp morgan want to send funds to japan they just send btc their wallet.
And its a instant world transactions

Lol! It really doesn't matter what we think or what banks think! The banking system is a highly regulated system and it all matters what their respective government wants! If a government is open to crypto system, then you will see banking system adopting cryptos and vice versa. Till date, we couldn't find any single government who are open about the crypto system's inclusion to banking system. Rather we have seen strong resistance from many governments around the world. If you know Ripple, they are trying to hit this exact gap by enabling their clients to send funds worldwide through their cryptocurrency and as far as I know there are few Banks in their client list.

But even if the cryptos are a good value proposition for the banks in regards to the global money transfer, I don't think they will be using it in any way because cryptocurrency removes the need for an intermediary and banks do exactly that! So it's a threat to their business!
3050  Economy / Economics / Re: Trading Bitcoin in Africa Is a Way for Some to Escape Poverty on: January 25, 2021, 07:37:57 AM
Quote
Bitcoin having humanitarian qualities and helping the poor, is one of its most neglected and underappreciated aspects.

ICOS were not perfect by any means. But they did allow the poor access to accredited investor level opportunities.

Part of the crypto worlds success is due to it opening doors and giving opportunities to the poor, they might otherwise never have.

Cryptos definitely have the power to help the unbanked mass but is it reaching to the mass in a right way? I don't think so! The poor people don't have money to set up a mining operation so they will have to earn it like they do in real world. I believe cryptos have the potential to help the poor and unbanked people in big way but the entry barrier is so high that they are not able to get into it in a legitimate way! That's why you will see crypto related scams are increasing and in some African countries like Nigeria, it's all time high! Nigerian scammers have earned a global bad reputation of financial frauds. Cryptos, especially bitcoin is still an elite's game and is harder to get a hands on for a common person!
3051  Alternate cryptocurrencies / Mining (Altcoins) / Re: Technical help needed for XMR Mining on: January 25, 2021, 06:14:09 AM
Many thanks for all your suggestions. I have been able to use my Nvidia Graphics card for mining by downloading the CUDA plugin. However, I am surprised to see that it is delivering only 558 H/s of power (lower than what my CPU did)! While this same graphics card has done 27 MH/s for ETH mining. The power depends on the algorithm but I didn't expect such a huge variance.

Hi @waywoos,

I am using xmrig and supportXMR pool. Do you think enabling "huge pages" will help me achieve the full potential of my graphics card?
3052  Alternate cryptocurrencies / Mining (Altcoins) / Technical help needed for XMR Mining on: January 24, 2021, 04:56:18 PM
Hi fellow bitcoiners,

I need a technical help on XMR mining. I have recently purchased a high-end laptop with below configuration.

AMD Ryzen 9 4900H with integrated AMD GPU
NVIDIA GTX 1660 Ti Graphics Card 6 GB

I have tried to do XMR mining using my CPU which has done a little over 2 KH/s. I know it's not sufficient for mining but I want to use my Graphics card to do the job. I have tried ETH mining with the graphics card and it has done 27 MH/s. This power is not sufficient for ETH, but it is a great power for XMR. But I am unable to use it for XMR mining. I know RandomX algorithm is a purely CPU based POW algorithm, but is there any way to use my graphics card here?

I have seen few Youtube videos where people have used NVIDIA GTX cards for XMR mining but couldn't find any way to execute. Any leads will be appreciated.

Regards,
Avikz
3053  Bitcoin / Bitcoin Discussion / Re: Bitcoins bad publicity? on: January 24, 2021, 02:32:15 PM
This week The Bank Of America warned that Bitcoin is going to be a giant 'bubble' -  I dont think Banks are reliable 'barometers' when making Bitcoin predictions as I have seen so much negativity from them since 2017 - Now the Banks and Governments are talking about launching their own Crypto to complete with Bitcoin but surely this wont be decentralised so its not really going to be 'The internet of money' is it?

Well, to some extent Bitcoin is a threat to the banking system! When people dont need an intermediary to transact Money, that certainly decreases the need of having a bank. That's where exactly banks are worried and they are trying to discourage people from using bitcoin and other cryptos! But bitcoin is not facing such bad publicity for the first time. JPM Chase CEO Jemie dimon and Berkshire Hathaway Chairman Warren Buffet have already tried such thing and even the crypto market responded briefly to it! But the market is now matured and immune from such bad publicity! So nothing to worry!
3054  Economy / Economics / Re: Vaccination Started in India | Impact over Indian Economy & World? on: January 22, 2021, 05:25:13 PM
With the initiative of COVID-19 vaccination which started today (16th Jan 2021) we have entered whole new era of pandemic. Indians have finally made it through successful vaccination campaign and 0.12 million dosage are already dispatched throughout local region.

This will help break the chain of COVID-19 in India and people here can initiate the routine life.  It’s wonderful to see that they have already began their normal life before vaccination. However with the vaccine out schools, colleges and other populated institutes will be powered up with enormous speed.

The most basic thing is now operational at fullest. 

What do you guys think about India and it’s economy ? Whether they will have advantage over other nations in grabbing more economic throughput due to vaccination??

To hell with this vaccination where the Prime minister and other leaders of the country have not yet shown the courage to take the vaccine! The India made vaccine is more of an political instrument rather than a medicine! That's why our Supreme Leader didn't show the courage to inject himself with it! There are numerous incidents happened where people have died and hospitalized after taking this vaccine.

The world economy has started riaing already. That is not because of the vaccine but due to the market demand. With the easing of lockdown, the market demand started rising which inturn increased the cash flow within the market. So every single economy will rise in 2021 and beyond. India will be no exception because of its huge internal market.
3055  Bitcoin / Bitcoin Discussion / Re: BTC double spend? Oooh... heavy one - What's the impact on BTC? on: January 22, 2021, 04:42:48 PM

It is a pure and simple FUD. Read below,

https://www.cryptoglobe.com/latest/2021/01/bitcoin-did-not-experience-a-double-spend-the-blockchain-worked-as-intended/

Yahoo Finance says,

Quote
Put another way, no bitcoin was “double-spent” because no new coins were added to Bitcoin’s supply. Instead, the same coins from the same wallet were registered in two different blocks during a typical split in Bitcoin’s blockchain.

Ref: https://au.finance.yahoo.com/news/bitcoin-double-spend-never-happened-210834555.html

Case dismissed!
3056  Economy / Gambling discussion / Re: Bitcoin betting on the 2024 US Presidential Election | Biden+Harris Vs ?? ?? on: January 22, 2021, 03:25:03 PM
Trump was never a political beast unlike President Biden who has spent his life in public service and has thrown his hat into the Presidential election ring a few times in the past over the last 40 years, so he (Biden) knows who to turn to, lean on and even rely on.

Trump wanted "yes men" and just kept firing anyone who didn't toe his line hence President Biden is in a strong position to win a second term (with near even money I would imagine)

We are yet to see that! If he can suppress the right-wing people and steer America towards a great development, then only we can talk about his second tenure! Trump actually given a chance to Americans to vent out their hatred towards Muslims and black people and surprisingly, the Americans did show their uglier side under Trump rule. That is a major challenge for Biden to bring back peace and sense of equality among the American and to ensure all people living on American soil, a sense of belonging. Then only we can talk about Biden's second term!

He has just started out and already scored some valuable goals by withdrawing migration and travel restrictions and also have rejoined the Paris Climate Accord and the World Health Organization. So far so good! Let's hope for the best!

3057  Economy / Speculation / Re: Bitcoin price tanking past couple of days was caused by... on: January 22, 2021, 07:12:29 AM
some news about the possibility of Bitcoin double-spend...
which turns out did not happen.
 Angry
Bitmex 'reported' this story... they just wanted to liquidate longs.

First possibility:
The double spend did not happen indeed. Read the actual news,

https://www.coindesk.com/bitcoin-double-spend-that-never-happened

So, that was a FUD by the media. I don't know if such kind of news has a power to bring down the market to this level. I don't think so!

Second possibility:
A record $3.7 billion worth of Bitcoin options are set to expire on January 29, 2021. Quote from the source:

https://www.businessinsider.co.za/bitcoin-price-options-record-expiry-speculation-derivatives-2021-1

Quote
The options show that speculators are bullish about Bitcoin. As of Monday the open interest in "calls" (which are broadly bets that prices will rise) was considerably bigger than the open interest in "puts" (bets the price will fall).

So if I have to believe the above, the price shouldn't have tanked.

I strongly believe that it is a market correction. Every meteoric rise like this has to correct in order to maintain stability in the market. A lot of people have sold their bitcoins and book profits, especially people from 2017 who finally had a chance to recover their lost money and pay off their debt. So it's a healthy corretion. The market will be back on track quite shortly.
3058  Economy / Gambling / Re: Zcode System Automated Winning Sports Picks 🏀 ⚾ 🏈 ⚽ 🏒 on: January 21, 2021, 05:41:47 PM
Looks like a very simple clickbank cheat where people try to make money by selling affiliate products and trash e-books in the name of money making guide. Secondly another link takes us to the Betverify website which is another known scam tool used by betting tipsters. Funny part is that betverify doesn't even have an SSL certificate and they claim to verify betting accounts of big gamblers.

OP, can you present something more solid that proves the legitimacy of your claim?
3059  Economy / Gambling discussion / Re: Super crazy poker bank roll challenge with only 0.82$. on: January 21, 2021, 05:31:50 PM
Good luck with your challenge! I have never used Pokersaint so I don't know, but make sure you have access to your hand history and you take its backup. Poker websites in India are mostly unregulated as there is not official regulations in India around gambling. So it is not difficult for them to rig the result by changing your hand history for their own benefit. So make sure you are playing with a fair poker website. Even though it is not frequent but it's no harm to ensure their integrity before starting with a new poker website. Just my two satoshis!
3060  Bitcoin / Legal / Re: Faketoshi CSW vs Cøbra Bitcoin on: January 21, 2021, 04:43:27 PM
Lol! CSW is leaving no stones unturned in proving himself as the real Satoshi! Sometimes I wonder, what he will gain if we all agree that he is Satoshi? He doesn't have the key to original Satoshi's addresses so he can't take over the coins! What else could be the reason!

If he has the keys to take over the coins he could have done that already. But it is clear that he doesn't have access to all such stuffs. He is probably just trying to seek more attention so that he can promote his own coin!
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