@wetsuit, so what is the chance you will still implement your mining investment program? I'm really interested in it(and many others are too, I think  ) We might do it in the future, currently we are expanding our mining capacity regardless (we are at 4.5 PH/s now which is about 0.1% of the total bitcoin network). Waoh been such a long time didn't visit the freebitcoin thred. 0.1% of total bitcoin network is huge Therefore the mining investment program will works something like Invest a % of amount, the profit sharing is = profit * % of amount appropriate to the investment fund? Thank you! |
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In your people opinion, what's the intrinsic value base on the website and the development of Purevidz right now?
And how much it will be soon?
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Bitsler seems good Cryptogames too Tried on cryptogames before , trying on bitsler base on the reputation and bounty roll it gave |
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You gotta work i suppose, without investment, you will need a specific skills set(Video edit, graphic design, transcripts) And other skills which you think where you worth a certain money. Then work on your skills |
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When we think about investments we imagine investors with big sums of money, so for btc casino it would be 1 or more btc, for instance. However, the minimum amount you can invest is usually 0.01btc which is only 10$. Do you think such investments are profitable but you earn small sums or maybe they don't make sense at all? Can someone explain it to me?
Yea it does make sense, any amount of $$ you deposit and wanted to make profits is consider as investment. Ranging from 0.001 - 1000, but still, it depedns on yourself |
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Don't tink so, as not for me i tink xd not willing to link any gambling site with my social profile  |
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Hello everyone, if you have ever tried betting, martingale might not be something new for you.
Therefore recently in class, while i am just feeling bored, i made some calculations.
Winning chance : 98%
Profit : 1% of bet
Betting calculation
Start bet : 100 satoshi
If lose in streak
1st : 100
2nd : 10,000
3rd : 1,000,000
Total cost for 2 streak : 10,100 》 0.00001Btc 》 $0.10
Chance of losing : 2/100 x 2/100 = 4/1,000 》0.4%
Total cost for 3 streak : 1,001,100 》 0.01Btc 》 $10-11
Chance of losing : 2/100 x 2/100 x 2/100 = 8/1000000 = 0.0008%.
1) Is the calculation of losing in 3 streak correct?
2) In your own way of betting, will you prefer to bet at a max losing streak of 2 or losing streak of 3?
3) in streak of 2/3, which one have a better EV if you have a bankroll of $50? is there way to calculate it?
1/ yup, you know how to maths well done 2/ Don't understand your question, there is no difference between streak of 2 and of 3... 3/ That's... The same. EV only depends on the house edge of the casino if I remember correctly. For 2) I mean if you have $50 Will you prefer this setting Start : 100 Increase : x100 on loss Restart when lose 2 time in row Total cost for each 2 streak loss : $0.10 Or Start : 100 Increase : x100 on loss Restart when lose 3 time in row Total cost for each 3 streak loss : $10 Hope you get what i mean, its something like will you rather to lose $0.10 x 100 OR $10 x 1 I am not a native english speaker, so it might be confusing, sorry for that ;/ |
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I see that everyone sees Bitcoin as this magical money making thing so here is a great way to make some money: 1. Learn a skill that is in demand. 2. Use that skill to make money in your worthless inflationary local currency. 3. Convert that worthless currency into bitcoins. Boom. Now you have real money! Spend as desired. Bonus points if you can use your skill that is in demand to directly make bitcoins. In some countries you can direct deposit your paycheck into bitcoins. In the US you can use http://www.bitwage.co or PEY in Germany. PS. Signature campaigns are the worst way to make bitcoins.IMO, Signature campaigns CAN BE the Worst way | Best way to earn money, you just gotta pick the right campaign and join it. Whoever join the Iconomi campaign for just 3-4 weeks, get approximately 1k tokens, if you convert that now and doesn't sell when it is listed on exchange you keep it. 1k tokens now is $500. And there's tons of people who keep it up with the camp which got around 2-3k that is almost like $1000-1500 for just 2 month by posting. But there's campaign which have this minimum funding, when their camp fail, you don't get paid. So gotta be smart when picking |
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Hi friends,
As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?
Well, 15minutes for the block to move. If there are be able to accept it with 0 confirmation then you could just pay and get. But 0 confirmation is bad due to it is abuse able where i read on certain articles. This is why you can see most betting sites which accept bitcoins take 1-2 confirmation so it don't double spent |
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Attention to ALL:
I'd like to thank you all for your patience. Again(per slack channel) we're just waiting on full distribution from the Incent Team. Full distributions to our ICO investors then bounty payouts to follow.
Thank you for the information! Btw, can we know how much % are each person is getting and so? When i check the spreadsheet it just black  |
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Hello everyone, if you have ever tried betting, martingale might not be something new for you.
Therefore recently in class, while i am just feeling bored, i made some calculations.
Winning chance : 98%
Profit : 1% of bet
Betting calculation
Start bet : 100 satoshi
If lose in streak
1st : 100
2nd : 10,000
3rd : 1,000,000
Total cost for 2 streak : 10,100 》 0.00001Btc 》 $0.10
Chance of losing : 2/100 x 2/100 = 4/1,000 》0.4%
Total cost for 3 streak : 1,001,100 》 0.01Btc 》 $10-11
Chance of losing : 2/100 x 2/100 x 2/100 = 8/1000000 = 0.0008%.
1) Is the calculation of losing in 3 streak correct?
2) In your own way of betting, will you prefer to bet at a max losing streak of 2 or losing streak of 3?
3) in streak of 2/3, which one have a better EV if you have a bankroll of $50? is there way to calculate it?
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IMO, as i always lose is due to failing emotional control.
Then, i found out that, i will never ever able to control when comes to gambling.
Even i tell myself, only bet big with profits, never get myself cleaned. But it just doesnt work that way.
What i can advice is that if you really couldnt control yourself, don't bet. I myself always quit betting for months, came back, lose, stop, came back and lose again.
Gambling is just not for me
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Yesterday a 10% raise till 0.5x due to the news of conference. Then it was down by a few % and reach $0.49 now. This reminds me of price trend when people tend to get excited over news, they will have a positive mode towards the project.
Anyhow, I'll say it is stil reasonable to get your icn now because the price now is like x3-4 of ico. It is still low when there's no actual product launch yet.
A Speculation by me towards ICN is that once the OFM platform is launch, we can expect a minimum of 20% rise and up to perhaps 50% if the buy hype is too much
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Well i invested in lots of ico, and invested into a wrong ico.
What i am hoping is that i can be able to invest into a right ico coins or a good project which pays a consistent dividends back so i can earn my passive income stablely
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Well for me they are a very good and trust able payment processor.
But one issue which i dont like in pp is that the chargeback factor.
I never been chargeback before but there's too much of complain towards paypal when people get chargeback when trading for digital products or digital items.
I've never understand how does the dispute or chargeback works and what the factors or criteria will affect the decision of chargeback
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Good to see the price is 49,4k satoshi and 50k soon
I hope it will be 100k in this month.
Yeah, hope when the OFM platform is release the price will goes up to 100k or even 200k. Just one question, the ico price is 12k sats? $0.12 each? |
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Speculation
If the price of bitcoin can stay consistent at $1,000 - 1,200 within this 6-8 months time until October. When it hit the holiday season at the end of year in December, it can be pump up hard to $1,500 by real.
Been notice this trend for like 2 years?
in 2015 and 2016.
2016 the price increase from a consistent $500-600 to $1.1k at peak?
in 2015, the first time when i bought bitcoin at rate of $3xx-4xx. But during the end of year which is the holiday season and it peaked at $800 but it drop back soon
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well, it will take more than 15minutes to receive all the $1,000,000 bitcoin?xd
Will the transaction take a long time lel?
How much transaction do we have per minute in the blockchain no matter small/big
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waoh this is tougher than getting the girlfriend itself xd
I even tried to explain to my friend which is a boy who have some technical knowledge in IT industry but still, it is really hard to understand tbh without reading the articles itself
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Nope, i never ever had a good luck in gambling. I can make profit at first when i bet on match betting. But only applicable in first 2-3 games, when i won, after that i will lost xd
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