and what’s surprising is despite getting such huge volumes the casino owner never felt the need to get his casino registered and operate legally.
When you start you never know if you will succeed or not and if you succeed and have millions in volumes it is sometimes too late... I think that he didn't register casino because gambling is illegal in Vietnam: In general, gambling is illegal in Vietnam. However, some forms of betting in Vietnam are allowed. This includes lotteries, horse racing, greyhound racing, and international football. https://www.expatbets.com/vietnam/casino/ |
|
|
|
Just this... 2205 people failed validation and 1033 killed...  Where are those numbers from? As i see there are 623 killed.  I also added epoch 45 for comparison. We may assume that bug created extra 300 killed (above normal) and extra 900 suspended. I'm not sure if they are developers or just community admins, but their reaction is not appropriate. It is still testnet so situations can happen in the future and there is no one to blame.
What inappropriate is in laughing through tears to cheer up community if it is only fragment of chat taken out of context and not official announcement? |
|
|
|
All this hate, all this dump, all this "network not secure" is only about 50% of miners are not able to mine for 10 days. That's it. I know some may be frustrated about that. Some newbies lost stake. I'm frustrated about this situation too (my two human nodes are suspended now and one of them has 9000 DNA in stake that is endangered if I fail next validation. I also lost 2 validation, flips, invitations rewards that for sure is more than any newbie lost) but it is only "50% of miners are not able to mine for 10 days" due to bug. Dev's will fix it and we will start fresh with new epoch. Network works for 46 epochs, funds are safu (other than stake), goals do not change, the foundations have not changed. This is still innovative, one and only, proof of person coin. There is no need to panic.  Can't wait next validation to see how this chart will looks like. @othell_rogue Community admin jokes out of context... This is the devs fault and they are obliged to roll back. And what is the test network? So roll back on the test network. An excuse at the level of a kindergarten.
Disrespectful and disregard.
I have mixed feelings about that. This is blockchain. It should be irreversible. Roll back might also be unsafe and create risks and additional costs exceeding profits (i'm not an expert here). |
|
|
|
It would be the worst case for a casino, if it were a mistake on their part, it was easy to fix. But if it's hacked, meaning their casino is no longer secure, many people will leave it. And we should leave it if it is really hacked. But I don't think someone just hacks his money, it's a different matter.
Not many from crypto space was not hacked even once. Even binance was and lost 7000 BTC - https://www.bloomberg.com/news/articles/2019-05-08/crypto-exchange-giant-binance-reports-a-hack-of-7-000-bitcoin and according to CZ, based on his knowledge many tier1 exchange was hacked and hides it from custommers by implementing fractional reserve system and still working. Hack does not mean that all funds was stolen. But yea... agree.. better easy to fix bug than hack. |
|
|
|
This will not be full node/wallet. Only Lightweight -wallet that does not support mining - only for transfers. @Script3d if you needed something like that than we have community-made light wallet for WEB. It's listed in here - https://idena-apps.org/apps.html - "A Lightweight web wallet for IdenaBy Idena-dev". |
|
|
|
Any chance a mobile app will come for this project?
It's on pipeline but buried very deeply under more important things like sharding. BTW. Make your guesses regarding this validation. How many node will we see? My guess is 2260 - 2300. |
|
|
|
what about altcoin? Should we not focus on altcoin ?, I heard the news that altcoin season is coming,
and I saw a lot of altcoin pumps up to 300%, what do you think?
For now only low volume coins, mostly shitcoin pump and dump. I see 2 scenarios regarding altcoins: 1- For average altcoin trader/hodler bitcoin is now boring after halving. If it will stay at current price for longer and we will not get strong bad news from macroeconomics than it is good time for alts to rise and bitcoin dominance starts to show that by new lower highs:  2- 2017 bitcoin bubble was backed by "bitcoin as new currency that will very soon replace fiduciary currencies" paradigm. This, together with bitcoin network problems that it was facing in the end of 2017 (50$ per transfer), scalability and others pushed new investors (that came here for FOMO around FIAT replacement) into altcoins. 2020 bubble can be totally different. Currently, most articles are about "bitcoin as digital gold / safe haven" not about "innovative new currency"... Thus if 2020 bubble will be placed around global recession, escape from FIAT to "safe haven" than alts may be forgotten. In this scenario we will see huge bitcoin pump without altcoins till the end of next bubble. |
|
|
|
...
BTC will make a huge move if the triangle breaks 10K-10.5K Strong resistance level.
...
Strong support zone at 8.5k.
Strong resistance at 10k and strong support at 8.5k Agreed but I think it is worth to say that "strong" is not alwais equal to "strong".  That's how strong 10k resistance is and how important it is. Its 2.5 year downtrend. |
|
|
|
Rzeczywiście wygląda to trochę przerażająco na pierwszy rzut oka, ale z tego co widzę, to chyba dopiero projekt i ostateczna wersja nie musi być aż tak drastyczna.
Niezależnie jednak, jak skończy się ta konkretna sytuacja, uważam, że w przyszłości możemy być świadkami coraz większej ilości podobnych zdarzeń. Zwłaszcza, gdy rynek kryptowalut będzie w dalszym ciągu rozwijał się tak szybko. Pamiętajmy, że osoby/instytucje, które posiadają zdolność kreacji pieniądza niechętnie pozbędę się tego przywileju, gdyż daje im to władzę nad społeczeństwem. I nie ma znaczenia czy mówimy tu o Rosji i Chinach czy o Polsce, EU i USA – prędzej wszyscy używający kryptowalut zostaną wrzuceni do jednego worka z terrorystami, niż rządzący oddadzą kontrolę nad pieniądzem.
Ja już dawno przestałem wierzyć w to, że bitcoin pokona system i będzie walutą ludu. Nie zmienia to faktu, że może pozostać elementem ucieczki z systemu częścią kapitału. Wynika z tego, że władza nie musi sie bać o utratę władzy, bo nad pionkami zawsze miała i mieć będzie a nad sprytną elitą nigdy nie miała i mieć nie będzie. Dla mnie jednak sprawa nie jest tak oczywista, bo są kraje które się wyłamują, są też kraje, dla których kryptowaluty stają się elementem strategicznym. Iran podobno kopie na potęgę i z tego co czytałem parę dni temu, to ma mieć specjalne ?ministerstwo? od tego, a wszystko po to by łatwiej obchodzić sankcje USA. Może się okazać, że świat jaki znamy pod wpływem napięć USA/Chiny, recesji pokoronawirusowej (a raczej dekad obecnego systemu) rozdzieli się na 2 sekcje: USA i koledzy - za bitcoina wsadzający do więzienia, a kraje które na niego zazwalają dostają sankcje Iran, chiny i koledzy - dla których bitcoin będzie legalny Albo jeszcze inaczej. Obie sekcje będą kopały btc by pod stołem handlować a na stole zaostrzać sankcje. |
|
|
|
P/E is that high (not only for Amazon) because people forget what investing in shares is. They are too blinded with TA and crowd psychology. It will pop one day and everyone will open their eyes seeing how irrational that was and how it was ment to pop (like any other bubble). Investor decision should be like that: 1- how much is it worth (book value)? 2- how big ROI (ROI from investment not from price grow) 3- how high risk? 4- what's risk/reward ratio. .... n- what is the macroeconomic situation How it looks like: 1- trend line 2- moving average 3- dream about lambo ... n- buy buy ... because it is growing ... i could be a millionaire if I bought 5-10 year ago Second approach made investing in stocks nothing more than Ponzi Shame (you are buying shares - that gives you nothing - and you earn if there will be more buyers like you in the future) and that's what Amazon shares are. Yes we can try to estimate how much will Amozon earn in future and how this will cool down P/E but it will still be a Ponzi Shame to me because you will earn only if more buyers will come (your reward/prift is based on amount of new inwestors and money that they will bring not on company income). Its not gasprom that share it's profit with investors ( 4-9% ROI annually). Where you actually invest in company and it's income not in it's brand and hype that will bring more investors in future. "I invested in Amazon in 2020" - it's oxymoron to me. You are speculating on Ponzi Scheme not investing... No matter if its Amazon or any other 0 ROI paper with P/E > 20 Meanwhile we have here BNB with: P/E ratio - 4,5! - https://bitcointalk.org/index.php?topic=5208144.msg53299809#msg53299809up to 60% quantitative ROI - https://bitcointalk.org/index.php?topic=5208144.msg53361035#msg53361035 while still being deflationary coin. |
|
|
|
Guys I have something new for you. IDENA. It's not a bounty (coins for likes and retweets) but I think it may interest bounty hunters. IDENA is a coin that is already listed on QTRADE with current price 0.11$. Its innovative coin with proof of person algorithm. And this is why i've decided to bring it here. With proof of person algorithm anyone can mine with old PC, without any investment (or 5$ VPS if you are out of old PC). All you need to do to start earning IDENA is validating yourself by doing advanced CAPTCHAs during validation ceremony. After 20 min of work you can mine for next ~2 weeks. Few numbers: Daily distribution - 51,840 DNA Mining distribution - 50% * 51,840 DNA = 25 900DNA There are currently 2300 nodes but 1933 are actively mining sharing this number evenly. 25 900 / 1933 = 13,4 DNA / DAY = 44$ / month (its not POS, POW. It does not matter how much you can stake or how fast your asic farm is. 1 person, 1 vote, equal share, equal voting power) There are also invitation rewards, flip creation rewards, validation rewards that can boost this number up to 170$ / month (with current price that IMHO is undervalued) Validation ceremony starts in 2 days. -https://idena.io/# - countdown. There is no KYC. Everyone is anonymous (even team). Advanced CAPTCHAs called "flips" and validation ceremony that starts at certain time protects network from Sybil attack and provides 1 vote = 1 person = 1 node system. I'm mining it for more than half year. Its definitely worth it. https://bitcointalk.org/index.php?topic=5194871.0BTW: 2300 nodes with equal votes - the most decentralized network in whole crypto industry and still not listed on CMC, ~2,2 mln$ marketcap (~top 700). Damn this 170$ monthly will one day become 1700$ if not dumped right after mined (not financial advice :p ). |
|
|
|
@Taskford @qory Please don't quote whole OP just to add 2 lines of text. Quote a sentence that you are referring to or if you are referring to author just use @nick. This really helps reading and makes thread looks much cleaner. What are your thoughts this week?  Bustatide just don't want you to get into profit. 1.5 month and you are still paying investment fee - still on loss. That's pretty much a killer for me. Too much risk compared to profit. Looks like while investing in bankroll finding leading casino is not the only think that we should look at. We should also find casino that actually needs our investment and pays good for risk. Yolodice is on market from 2016, consolidate its market position (seams to be as safe as bustadice) but gives much better roi and no investment fee. Much better option IMO and 1.5 month is enough to say that. Still waiting for a reply from there, I don't want to say any accusations, but I am not happy with this situation.
....
I did not receive any conformational email, or any other notification about withdraw.
Looks like hack and it is possible that you were hacked not casino. I didn't test yolodice withdrawals yet but they might not send conformational email at all - they don't require email to create account and that's what's written on yolodice regarding email: We will use your email only in special cases: emergency updates, critical news or security issues Do you best to protect your other investments now. They may all be in risk now. |
|
|
|
One click gambling is very risky. There should be a confirmation click to make sure the bet as well as the amount you placed are reviewed before you finally submit it. This feature is almost a must.
If you take a loot at this from statistic point of view it does not matter how you play. Going all in is as risky as martingale and any other system (in fact all in is the best system that gives the best risk/reward ratio). The only thing that is sad in going all in in single bet is quitting game before starting to enjoy it. Especially if it's done by surprise. I guess the casino can go bankrupt only because of hack or some theft inside the team.
there may be a case where the games are not well coded from the programmer side, and mistakes happen. Something like yahoo62278's has an accidental click on Roobet casino and wins 5x possible limit.
It's as risky as holding funds on exchange. Even safer because "from the programmer side" casino code is much simpler than exchange code. |
|
|
|
Yeah, although people volunteer to wear the signature, there could be some confusion since in bitcointalk, wearing a project's signature = there must be an ongoing signature campaign.
I doubt that there is anywhere a rule like that. I've never heard about that and don't see any explanation why someone would come up with it. Any link or quote? I think Idena hasn't had a plan to hold a paid signature, I see that there are still many people who volunteer to use the signature, maybe you can ask about a paid signature on their telegram, in order to get a response from them
As i know idena team was never interested in loud bitcointalk paid marketing especially now ... when sharding is a key feature for network to continue to grow. I'm ok with it being a part of the community we need to help the community grow, I am continuously looking for as paid signature campaign, but after the campaign I've joined, it sometimes took me a week or two to find another one so while looking I have something to wear that is worth promoting.
Same strategy here. |
|
|
|
Are we are going to have a signature campaign it will attract a lot of attention both from bounty hunters, miners and investors I hope the team launch one, although we have a good promotion by word of the mouth and invitation, it will give us a big leap if we launch a bounty campaign, IDENA is doing good in the market, it will show it's real potential once we transfer to mainnet.
As i know its it's for volunteers ATM. People who want IDENA can mine it. No need to wear signature to earn coins. Wear it if you want to help bring more attention to idena. Wear it to add value to your coins not to earn extra coins. |
|
|
|
If you want some trade off I would suggest the third option C:
C. 1 bad flip = 20% of overall reward unpaid instead of 1 flip reward unpaid like in option B. 20% means 1 flips out of 5 is bad. 40% means 2 out of 5 are bad, etc.
That's the one and only right solution. I agree. If you cannot access telegram link to download , then there is now way you can run Idena something is not right here,there's a possibility that the invite code will be wasted you must first prove that you have installed Idena and that is synced before you can get an invite code, that is one of the qualification.
Already send him invitation but I'll give it to someone else if he won't activate it 3 days before validation. @brendan6498011 hope you are ok with that? edit: We now have first Idena signatures for Bitcointalk forum (thanks to Navi) Anyone can apply to wear them, starting from Jr.Member to Legendary. Just REPLY to this message with your RANK, and you will get yours.  Thank you! Looks great! |
|
|
|
Quite a few people are coming here and gushing how great it is.
Honestly I still have some serious tingling spider sense around this type of investment. This thread hasn't won me over. The 4% a year of freebitco.in is low risk. Probably way safer.
Stand by for Chuckbuck to jump in for a sig post to tell me how wrong I am.
Thing starts getting interesting when you spread your wallet into different risk strategies. 30 % in FIAT (~ -5% potential annual ROI) , 10% in stocks or other traditional investment (10% expected ROI), 40% in BTC (50% potential ROI), 10% top 50CMC alts (100% potential ROI), 5% 500-1000 CMC high risk alts (500% potential ROI), 5% bankroll (~100-600% ROI). If none of high risk strategies sussed you are still with 80-90% of your wallet that works for you all the time in other investments. If any of high risk strategies sussed you are sometimes doubling whole wallet. |
|
|
|
What about the people from China, Korea, India, Russia or other parts of the world that can't read english, and vice versa?
You can get Flip with arabic words you don't understand.
I agree with realRioda. If there are words but flip is doable without reading them than it is a good flip. Especially if it is only a company logo (like wallmart, youtube or KFC), or fu**ing newsletter name like in this flip that was posted by othell_rogue: https://scan.idena.io/flip/bafkreibyo4q2m6fqdho7xxritpmvznr3alakzjyxvntamwm7kx7xeudjcqWhile reporting i'm like: 1- is this flip validating rules? (there 3 official rules) 2- is this flip good for network? (check if someone is bot or not in correct way) 3- would I or any other node suffer from receiving such flip (f.e. flip is understandable only in 1 culture) I would definite not go like that ---> I think i see a letter in here ... report! can some one give me a invite code? i cannot use telegrame!
I'm here for you. If you know what IDENA is, what validation is, when is it and how to start mining than PM me. |
|
|
|
What I missed here?
Your total profit for 6 weeks is 0.00265927 BTC or $304.52 USD? I mean, 0.00265927 BTC worth ~$25 USD today, how you get $304?
Its because Bitcoin price went up. He is not converting profit into $. He is converting base investment into $ and current ammount into $ and count the difference. So inside this 300$ there is profit from investment in bankroll and profit from "trading". |
|
|
|
|
Show Posts
