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3041  Bitcoin / Bitcoin Discussion / Re: Testimonial during cryptocurrency hearing -Ben McKenzie Crypto is a ponzi scheme on: December 27, 2022, 03:07:47 PM
While I can't really blame people for making these kinds of statements because of the FTX debacle, it's always dumb over-generalization.

In the video, I hate how he looks so smug as if his opinions were something new and something so groundbreaking; because if anything, it's the common opinion.

Yeah, bet he was practising in front of the mirror for a long time, but it's easy to preach to the choir, and that's more or less what he was doing.

One thing I do feel, though, these hearings at least get the popular opinion out there and provide the grounds for myth-busting and disproving, which is what Bitcoin (unfortunately or not) has been steadily doing.

Once you win people over, the converts are more useful than those who bought in from the start (I'm a convert, so I have no qualms in saying this).
3042  Economy / Gambling / Re: 🚀-Sportsbet.io-🚀 - Main sponsor of Southampton FC 👋👋 on: December 26, 2022, 10:50:19 PM
Arsenal yes, Saints nope. Want to say Spurs surprised me but they're hardly a stranger to inconsistent results, are they? And Gunners fighting back with 3 quick goals (Saka!!), not missing Jesus at all.

@buwaytress (or someone else) have you already been able to claim one prize since the launch of this promotion? What reward did you get please? Because the prizes we can win are not mentioned in the Terms & Conditions neither anywhere else and I have no clue of what they could be. 150mbtc in one day is not an amount I regularly wager there, so I'm curious if this promotion could be interesting for me or not.

Afraid not. Just haven't had the time this holiday season to do even more than just a couple of sports bets here and there. I do remember the last time I did this kind of drop, the reward was about 5-10% of the wager amount, in the form of a freechip. But you might be able to get an answer from support or from someone in Club Talk.
3043  Economy / Gambling discussion / Re: Sportsbet.io's English Premier League Football Pool Discussion Thread on: December 26, 2022, 07:26:56 PM
Brentford definitely knows how to start a season (or restart) yeah. Liverpool surprised me, going all out and on all cylinders. Fun to watch but I'd really hoped they went for game management after 2 goals up, but maybe Klopp is demanding his players to play like they're hungry again.

No matter, 3 points and we steady the ship, and Salah adds to his tallies.
3044  Economy / Gambling discussion / Re: EFL English Championship League 2022/2023 on: December 26, 2022, 06:01:56 PM
Rovers and Watford both failed to cut the gap to the top, they'll be sorry I think -- and the worst for me is I picked them both instead of Blades to get sound wins. Burnley tomorrow will want to ensure they keep their cushion, if only the odds were better, I'd be backing B'ham City here but not even 6/1? Easy pick for Burnley on my next acca... but I've already added Norwich to a new one =D
3045  Economy / Gambling / Re: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting on: December 26, 2022, 04:56:07 PM
Not bad. Spurs didn't win, but Kane did get on the scoresheet, so I got that one easy. Then Newcastle stepped up and Almiron got his goal (so glad that he's not yet found a way to stop scoring after the break!), and that was probably my quickest 2/7 this entire season.

Then everything went to nothing after that. I stuck with JWP for so long, changed to Che Adams and he scores tonight -- after missing a penalty.

Of course, we all missed Mitrovic "easy pick" -- honestly thought he wasn't even playing but pops up with assist + goal. Figures!

3046  Economy / Gambling discussion / Re: Sportsbet.io's English Premier League Football Pool Discussion Thread on: December 26, 2022, 02:37:14 PM
Spurs. Suspect in the best of times, and suspect in the worst of times. Before the break, they were the UCL Real Madrid team performance of the league, playing their best football late. Did the same to claw back 2 goals, Kane as usual on target.

Yet I still had the balls to go for 3-1 heh.

Trofo and igehhh, feeling proud of yourselves?
3047  Economy / Gambling discussion / Re: 🦊 Betnomi.com | FPL Football Pool ⚽ Discussion Thread on: December 26, 2022, 01:57:42 PM
Last night, I thought I'd go and do everything before waking up, but lack of sleep and stomach being filled up to my throat meant that I put it off till today. Ended up waking up late and rushing to do everything else, thought I'd make it back in time but Spurs game started already.

Jesus was still in my team (haha) so he's now out and apparently TAA also ill, but I'll take my chances.

Second chance is cool, I need to sharpen my FPL prowess and it's a perfect chance to see if I can manage THIS time around! Still hoping to make it back in time to see second game, looks like Brentford is putting on some kinda show but man I feel so football starved!
3048  Economy / Gambling discussion / Re: Sportsbet.io Betting discussion thread rev on: December 26, 2022, 12:53:44 PM
Damn it..!

I thought I'd be getting home in time today, knew they'd be specials and I'd have taken the corners in each game! Restarts means everyone who's fit is full of energy, almost like 1st game of the season.

Hope you guys managed to throw some hats into the ring.
3049  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.
3050  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).
3051  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?
3052  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"?
3053  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.
3054  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.
3055  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!
3056  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...
3057  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!
3058  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.
3059  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
3060  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.
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