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3101  Bitcoin / Press / Re: [2018-5-2]Barclays’ CEO Refutes Rumors The Bank Is Opening Crypto Trading Desk on: May 03, 2018, 05:48:02 PM
This is what you call "If you can't beat them, join them" as definitely big financial institutions are setting their targets on cryptocurrencies. Even though Jes Staley have denied the rumor for now I think it will be inevitable for them in joining and creating their own trading desk. What they want to see is of course an enough client demand for risky type of investments which of course are cryptocurrencies. Especially if they see that this market is turning bullish I think there is no best time to invest and enter into trading but now.
3102  Other / Meta / Re: Suggestion-how can we improve the post quality on: May 03, 2018, 03:47:06 PM
Adding some kind of Merit Quota on top of the Merit System wouldn't work as what you intended to do, do you know how many accounts are there in BCT? There are currently more than 2 million accounts out there and it is still growing, and I don't think that the 17750 sMerits being generated by our merit sources would be enough for them, even if assuming that only half of the 2 million are active members still the sMerits won't be enough even if you add the half sMerits everyone will receive.

Aside from the lack of sMerits in satisfying all members, simply adding a Merit Quota won't be effective, instead you will pressure members on creating long posts thinking that it will be enough to receive merits, which is not the case for receiving those merits. The Merit System I think is enough but it is not designed to work instantly in the forum, but in the long run we will see the positive effect it will bring with regards to post quality as well as decreasing the spam inside the forum.
3103  Economy / Speculation / Re: Bitcoin will go to $13500-12300$ because of this news on: May 03, 2018, 01:44:10 PM
What news? You just merely gave us your own analysis on Bitcoin's future price movement, and your own "analysis" cannot be considered as "news" as like I said it is an "analysis". But let us give a go on your analysis. You only have mentioned their supports and resistances which is funny to me as there is no way to predict Bitcoin's movement with just those two, you can just merely use it to based your entry and exit points. And with your analysis you don't have any explanation on how the current sideway trend will go to 12300$-13500$. I agree on what others have replied that you just somehow copied incompletely an analysis of someone and make it your own.
3104  Economy / Gambling / Re: ⚽ Sportsbet.io - 💰 We've just launched Cash Out!!! ⚽ on: May 03, 2018, 08:48:14 AM
You are correct guys. For more information, terms & an example check out https://sportsbet.io/promotions/in-play-cash-out-is-here




How this cashout option works is if you have a bet placed on a potential winner and if they are starting to lose then you have the option to stop the bet.
But in doing so you sacrifice a partial amount of your bet.
Correct?
The market price of what the odds are at for the time are given to you and if lower you lose some of that wagered amount.

Pretty much.
I haven't used it on SportsBet.io but as I remember from bet365 you're spot on.

You can cashout your bet before it ends anytime for a portion of the profit.
If you're losing, you can cashout a minimal amount and if you're winning by a good amount you can cashout a lot more (not as the whole bet ofcourse).

This is exactly how I remember it being as well.
You can take your profits before the match is over, if you feel the opponent will make a comeback or if you want guaranteed profits.
And if you're losing, you can cash out a portion of your bet, before the match even ends.
It's a nice way to either get guaranteed profits, or cut your loses.


This is a good option but I think only big betters can benefit and take advantage of it with a Cash Out fee of  15 mBTC or .015 BTC which is big for small time bettors. Also I was wondering how you will control this kind of feature? As looking at it you are at a disadvantage until the game is not yet finish. Having a cash out fee is not enough, maybe adding some kind off limit or a decreased payout when availing the cash out feature be a good idea in order for you to have some kind of assurance that you won't lose every game.
3105  Bitcoin / Press / Re: [2018-05-02]- South Korean Lawmakers Draft Bill to Legalize Some Initial Coin Of on: May 03, 2018, 06:28:22 AM
This is actually a better move compared to what Japan is doing in relation to Anonymous-Centered Cryptocurrencies like Monero and Dash which they are currently pressuring their own exchanges to be remove in their platform. Limiting what is entering in their own market is actually better as their citizens won't have the problem later on liquidating their tokens after the pre-sale is finish. ICOs related to "public organizations and research centers committed to promoting and developing blockchain technology" are the only ones they are allowing to be offered in their market. Also their domestic corporations who does not belong to the category have the alternative to do their ICOs outside of their country which a lot of Korean corporations are doing now just like what the messaging app, KakaoTalk, is doing.
3106  Economy / Economics / Re: Jim Rogers: Before All This Is Over, Gold Is Going Through The Roof on: May 03, 2018, 02:58:51 AM
But before we even come to that are there any real signs that a bear market is coming? or are there any real signs that a recession might even begin? Because what I am seeing is good, unemployment is not that big to make a crash and those who are unemployed have now found ways to make money online from blogging in Youtube to trading crypto which we can consider that they are earning something even if they are unemployed. Big companies as well as government projects are providing jobs to their locals. Looking at how money flow inside the pocket's people makes you think if there will be a bear market soon.

I'm not a graduate of any economic-related course, but I do know that day by day, inflation is doing its part at a rapid pace and the overall debt of the US alone is growing, with figures reaching a staggering $21-T currently. Sure the US can print more and more money as long as they wish, but the question is until when can it hold? Also, not all people are lucky enough to be a Youtube star or Instagram influencer or a crypto trader; do remember that there are hundreds of thousands of homeless people relying on meal stubs and the government to continue living. All in all, I think the world is already in a pretty bad shape, economic-wise. A steep correction in the stock markets might come sooner, but expect it to be a harsh one.
Printing more money is never a solution to any debt crisis or it can even be the cause of inflation in the first place. The basic understanding is the more you supply your citizens with money the more it devalues the price of your own currency. So printing more money cannot be a solution to anything it has even caused hyperinflation to Zimbabwe where there money has no value at all they are forced to print higher numbered money, that is the reason why they have 100 trillion Zimbabwean dollar as banknotes in the first place.

Yes there are still a lot of homeless people living but how many of them actually owns a stock? or do they even have assets to affect or influence the stock market? I guess not, the harsh truth about it is the only ones who can potentially crash the market are the rich people and I don't think that they want to move in the bear market as well not unless they want to the next Warren Buffet or something.
3107  Economy / Economics / Re: Jim Rogers: Before All This Is Over, Gold Is Going Through The Roof on: May 02, 2018, 07:28:47 PM
Jim Rodgers has been bearish on the stock market since the 1980s and how well has that prediction worked out? The stock market has been a tremendous engine for wealth accumulation over that time. People who constantly predict economic collapse are tiresome, and it's very much a case of the boy who cried wolf. Jim Rodgers isn't the worst of them, but because there are so many of them, his predictions can mostly be lumped in with them. The bearish sentiment on the stock market has to be viewed as a black mark, even though his own fund handily outperformed. Outperforming something doesn't make the other thing a bad investment. The stock market has been an excellent investment since the 1980s.
Damn!!! If that thing is true I think he will be right in the upcoming year or so, I mean almost 40 years and counting and still waiting for a bear market it would be anytime now, with the right mix of bad president and a new recession will hit, I think he will finally get it right forty plus years in the making. Hahaha but jokes aside, I think he got the wrong idea of investing, as he is more happy on a bull market rather than be happy to the "upcoming bear market", for serious investors we all know that real money is made in the bear market as this is when the saying goes "be greedy when others are fearful" come into play. With the "predicted" bear market coming I think it is better to take advantage of the cheap stock prices rather than be part of the panic.

But before we even come to that are there any real signs that a bear market is coming? or are there any real signs that a recession might even begin? Because what I am seeing is good, unemployment is not that big to make a crash and those who are unemployed have now found ways to make money online from blogging in Youtube to trading crypto which we can consider that they are earning something even if they are unemployed. Big companies as well as government projects are providing jobs to their locals. Looking at how money flow inside the pocket's people makes you think if there will be a bear market soon.
3108  Other / Meta / Re: How about KYC on bitcointalk? on: May 02, 2018, 04:04:17 PM
The simple answer to your question is no. We currently have the trust system to know who are we dealing with as well as give them a feedback in order to make other people know if he or she can be trusted or not and if they don't have any previous transaction  or its their first time to make one we have trusted members who can be an escrow to their negotiations, also why would you require KYC if it will only be beneficial to one section (Marketplace) in the forum? Because it will most likely stop potential members in joining in the forum because they want to keep their personal information private.

Also KYC won't prevent spams and shit post in the first place, what they will only stop is of course preventing existing members in creating another account, and yeah having multiple accounts are allowed(just take a look at forum rule #18) in the forum. The problem it created is this users with multiple accounts are spamming their way on campaign signatures and I think with DT members tagging spammers, alt accounts as well as account sales and with the merit system in place, this alt account holders will personally give up on their own.
3109  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: May 02, 2018, 02:27:37 PM
Big names are being involve into a move to A.C. Milan on the next summer transfer window. Players like Andrea Belotti, Nabil Fekir, and Alvaro Morata are being link into a move to A.C. Milan all I can say is that it is possible. But I think they have bigger things to handle outside of bringing in new players. Issues with their the owner's debt as well as the future of their ownership is in place, before we the fans can talk about who will be signing next we must know who will be our owner for the next season. Not to mention they still have a settlement agreement with regards to FIFA financial fair play which is still an ongoing investigation. As a long time supporter I am really missing the action of the team in the Champion's League.
3110  Bitcoin / Development & Technical Discussion / Re: help me please - Notification about receiving coins on: May 02, 2018, 12:18:59 PM
In my own experience I haven't seen or tried a Bitcoin Wallet where they provide app/desktop notifications internally with their system. But I do receive emails regarding the amount I received and from what BTC address I received it from, with my Coinbase account I think it is set in default. And if you really want to notifications then you can adjust it through your gmail or mail app, turning on notifications to emails receive from a specific address is possible and can be done simply within their respective apps.
3111  Bitcoin / Press / Re: [2018-05-01] SEC Official Criticizes ICO Industry, Open to Regulated Future on: May 02, 2018, 09:04:26 AM
I think the whole point of ICO's is that you can just participate in them via Ethereum without any third parties at all - this makes investing available to broader audiences. When governments will start regulating ICO's, they would become no different from IPO's and there will be many obstacles for potential investors. So, for ICO's it would mean that we'll see drastic reduction of new projects, while some ICO's will choose to operate regardless of their legal status.
I cannot look at it as a problem, ICOs in the first place are at an advantage compared to IPOs of a company, you know before they can even have an IPO they would be needed to be represented by a bank to manage their application and would need to have a certain amount of market cap in order to belong to a proper market from small emerging market to the big blue chips one chances are you might not even belong to any market group in the first place. While ICOs even under ER20 tokens don't need to go to that rigorous process, what they only need to do is to launch various campaigns in order to market/sell their token's ICO.

As a developer of a token of course this would mean more time and money spent before I can even launch and promote my Token. But as an investor I would definitely want some kind of regulation involve in order to protect my money, and I think investors are the ones who needs to be protected in here as they are the ones who will be providing more money. Knowing that this ICOs won't be running away with my money easily can give me a peace of mind, I can even invest more money now knowing some regulation is taking place.
3112  Bitcoin / Legal / Re: Bitcoin gambling laws on: May 02, 2018, 06:56:21 AM
There are two things where Cryptocurrency based gambling sites are still complying with the law and I can consider what they are doing as a loophole in most gambling laws.

1. Location - As you can see most of the Crypto-based gambling sites come from a country called, Curacao, it is a constituent country of the Kingdom of Netherlands and they are known for having the most easiest way on obtaining an online gambling license, aside from that the license offers a lot of benefits and that is involving the establishments of necessary accounts and sublicenses needed to operate your own gambling site. And of course in order to make this valid your operations must be located in Curacao. Just take a look on both License validation of FortuneJack and Bitsler.

They are complying through gambling laws as governments are only strict when handling and providing licenses to local-based gambling sites they come and operate on their own country, and aside from that their own citizens are not prohibited from playing foreign-based gambling sites as they deemed it legal, even though it looks unfair for local operators.

2. Money - With crypto based gambling sites only accepting Bitcoin and other cryptocurrencies they are actually not touching any real Fiat currency of any country which means the money of their own country are not flowing in and out directly through them. And since these cryptocurrencies still have not any kind of legal or illegal standing (on most countries) they can freely run their operations without being bothered by these countries.

3113  Economy / Economics / Re: The EU wants transparency on Cryptocurrencies on: May 01, 2018, 06:34:53 PM
This is actually a thing now, the image provided shows you that this certain Coinbase Wallet account has a cash limit of both deposit and withdrawals as this account hasn't been verified yet, and the only way of increasing their weekly limit is by verifying your identity to the wallet provider. As far as I know the cash limits was set by Coinbase as per following the guidelines of the central bank, these cash limits are at its maximum where you don't need any identification. And in order to go beyond the limit you will need to verify your account to Coinbase.

As per reading the article, the European Union I think wants to require wallet providers verification of their users' identity to all its users even those who are transacting at low volumes. And I think this is a good solution in fighting criminal activities since smart criminals can send or receive BTC or other cryptocurrencies in tranches in order to avoid detection from the authorities, requiring identification to wallet providers will certainly avoid money laundering and somehow will make terrorist financing hard as suspected members can be monitored. Obviously they will need to control on what wallet providers can be accessible to Europe in order to make this work properly, as none of this matter if different kinds wallets for the same cryptocurrency can be accessible inside Europe.

3114  Economy / Speculation / Re: Bitcoin is taking a breath on: May 01, 2018, 01:43:36 PM
The crypto-currencies showcase is grabbing a seat today after a solid run-up. Bitcoin is holding in the $9,300 territory at mid-morning subsequent to ascending as high as $9,500. The subtle $10,000 hindrance is in locate, however the walk towards it continues getting slowed down by anxious speculator pullbacks.
And it went down as expected, but it has nothing to do with "anxious speculator pullbacks" as it clearly shows in BTC's 4H chart that it has completey broken down from a descending triangle which is a bearish formation. In the short term BTC is looking Bearish as it also currently forming another bearish flag which could sent Bitcoin down to 8,600$ - 8,700$. RSI is still overbought and MACD is bearish but this could be just a temporary dip for BTC's successful run.

Dips like this shouldn't be worried about as it is a way to establish a more better run for BTC on its way back up to 10,000$, hoping for BTC to go back up now above to 10k will be a bad thing to hope for.
3115  Economy / Gambling / Re: ✅ casinoroyale.bet 🎲High Faucet 🎲 The fastest 🎲 Fairness 🎲 1%Edge on: May 01, 2018, 10:46:58 AM
Do people really waste their time with these faucet sites?
I just can't justify having to burn through all the computer power to walk away with 10 cents worth of BCH (just an example).

How can you think it is a faucet site?
It is just another gambling site (dice site) where you can gamble your money. People visit gambling sites for faucet only are just faucet lurker/abusers. Obviously smart people wont waste their time to claim faucet on gambling sites. Indeed there are some people do this, but they just do not understand that what they are doing is against the site's rule (unless there is a gambling site let their players to use their faucet only all the time till they can make a profit).

Maybe what he meant by a "faucet site" are those gambling sites who let members claim their faucets just to gamble, some of them even let the members withdraw their winnings from the money they got from faucets. They are letting this happen because they are just giving small amounts of money to them. But I think if they are seeing a considerable amount of members abusing the faucet they will limit or change the rules of their faucets which most of the gambling sites have done. It will only be a matter of time when they also do the same to their site.
3116  Other / Meta / Re: It's no wonder we are infested with bounty and airdrop spammers on: April 30, 2018, 03:19:32 PM
We cannot control these video tutorials flooding in Youtube, as they are either increasing their views/subscribers or they are benefiting from it the other way. Just like what bloggers are doing, having both a Youtube Channel and a Steemit account where they show tutorials on how to have more up votes and how to increase followers. So what Bitcointalk do is to either limit the bounty and signature campaign or limit and control the members flooding the site.

This highlights one of the problems. Different platforms have different perceptions and rules on the promotion of your posts and ranking, I posted an entry about the Bitcoin merit system on Steemit - https://steemit.com/bitcointalk/@upr8/clarification-of-the-bitcoin-talk-merit-system , but it has had few views as I'm pretty new, and I haven't got my head round their ranking system yet. I've had several suggestions that I need to pay $100 or so to get some upvotes so that I can earn $1,000, but that makes it sound like a ponzi. I've started a small group so that we can upvote each other on Steemit, and this seems to be the approved method. Obviously this is comletely the opposite of the policy here on Bitcoin Talk. I'm sure many new members don't understand the radical difference between the two platforms.

I've decided to use upr8.com to help members to understand the different policies, but so far I have only decided on the template, so I haven't created any content yet. I'll post a link when I have something meaningful on the site.
Yes you are right some members mostly the new ones don't care about policies or proper forum etiquette as all they care about is on what is making money for them inside the forum and like people who only care for themselves is they are exploiting it and they are even proud of it as discussed and shown in this thread (which you also replied), their thirst for earning is making the forum look bad overall.

Good luck with getting up votes in SteemIt although members can up vote once every article, it seemed like they are only up voting those who have high reputation as they are the ones maximizing your up vote power (as your up votes also give you Steem). Also a lot of factors come into play from your title construction to what topic are you putting your post at, but overall having a high reputation is one that gives you more up votes by default.


3117  Other / Meta / Re: It's no wonder we are infested with bounty and airdrop spammers on: April 30, 2018, 01:40:39 PM
We cannot control these video tutorials flooding in Youtube, as they are either increasing their views/subscribers or they are benefiting from it the other way. Just like what bloggers are doing, having both a Youtube Channel and a Steemit account where they show tutorials on how to have more up votes and how to increase followers. So what Bitcointalk do is to either limit the bounty and signature campaign or limit and control the members flooding the site.

The Merit System will only affect members participating in Signature campaigns but Bounty Campaigns seems to be not affected with the Merit System as their campaigns run externally through social media sites. Either BCT should limit the bounty campaigns each month (through a bidding system) or limit their participants of the campaign, so that only a few members can participate.
3118  Bitcoin / Press / Re: [2018-04-27] Paypal’s Former CEO Says Bitcoin Investors Are ‘Drinking the Kool-A on: April 30, 2018, 10:39:27 AM
Well replacing Fiat Currency as a mode of payment is not the main goal of Bitcoin in the first place, and I think a lot of people here know it by now that BTC is only here to provide an alternative mode of payment online. What the former CEO is doing is only giving a dumb argument on Bitcoin's existence. Obviously Paypal and Credit Cards as well as Banks already done the part of "making money digital" and Bitcoin is not trying to be a part of that trend but it is trying to create like I said a different way to send/pay something.
3119  Bitcoin / Development & Technical Discussion / Re: A critique on the Lightning Network from a regular poster. Long. on: April 29, 2018, 04:16:43 PM
If the Bitcoin Core Team is acting as a centralized authority of Bitcoin then BTC is not counted as a decentralized currency in the first place. I think the writer thought that LN is the way of the Core on having some kind of banking authority with regards to transaction, which he is wrong about. The concept of having a middleman in LN transactions are totally avoidable, the short solution is opening up your own channel and pay directly to who you are sending your money with. So technically you are still in total control of your money. Also I guess that some hubs involving a "middleman" is good as you know some transactions here in the forum uses Escrows, and by having middlemen involve it would surely eliminate the use of these escrows.
3120  Economy / Gambling / Re: 🔶 YOLOdice.com 🔶 FAST, BTC LTC ETH, now with an EXCHANGE on: April 29, 2018, 02:24:39 PM
probably only micro exchanges will happen with such high fees...I'll rather withdraw to exchange and convert coins there.
The simplistic exchange service main goal I think is to avoid high network fees when withdrawing your winnings and you might be spending more to the preferred method you are talking about. Giving a more lower fees will make YoloDice's exchange be abuse by people who wants to take advantage of their low fees. First of all they are a gambling site and their exchange service is not their main business. It is sort of their way of giving gratitude towards their members. Good job for YOLOdice on future proofing and providing a better service overall on your site.
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