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3161  Economy / Gambling discussion / Re: What is your game and why? on: January 20, 2017, 07:17:14 AM
I have been playing and enjoying dice lately. Got some small profit as well. I do it once day just for fun. I'm also playing poker every once in a while but I don't have much time to play, too busy.
3162  Bitcoin / Press / [2017-01-19] Washington Lawmakers Are Trying to Keep Bitcoin Out of Pot Shops on: January 20, 2017, 07:12:23 AM
A new bill filed in the Washington State Senate is seeking to prohibit local marijuana businesses from using bitcoin.

Sponsored by Senators Steve Conway and Ann Rivers, SB 5264 seeks to amend some of the state’s rules governing the sale and distribution of marijuana products. The move comes more than four years after Washington voters passed a ballot measure legalizing marijuana in November 2012.

Under the proposed rule, businesses that work in the local marijuana industry would not be allowed to either pay for goods with digital currency or accept those kinds of payments from customers. The bill also includes a definition of "virtual currency" that explicitly targets "digital representations  of value used as a medium of exchange, a unit of account, or a store of value", but excludes the "the software or protocols governing the transfer".

Read more here -> http://www.coindesk.com/washington-lawmakers-are-trying-to-keep-bitcoin-out-of-pot-shops
3163  Bitcoin / Press / Re: [2017-01-17] DCEBrief - RBI’s Research Institute Completes Test of Blockchain... on: January 19, 2017, 07:04:26 PM
Bitcoin did that in 2009. It seems they are a bit(coin) late.  Grin

Blockchain bloat, nothing major really. Why on Earth timestamping pdfs on the blockchain makes so much fuss?
3164  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: January 19, 2017, 07:43:25 AM
I do agree. Let's make a parallel: we should all know that TCP/IP and SMTP, only to name a few, suck. But they got mass adoption and now they are simply not replaceable.
The same goes, IMHO, for crypto projects. I've seen many good projects die young and many good devs abandoning their "dreams" because there was no cash flow.
This is why I admire David and I'm so happy to see this nice spike up in the price lately!

And, last but not least, the peg should be put in place when the coin reaches a good value. Again, IMHO, bay should be top 10 with 5000 sat per bay. But that is my view.

 Wink
3165  Bitcoin / Press / [2018-01-18] Bitcoin: Why It Now Belongs in Every Portfolio on: January 19, 2017, 07:23:22 AM

A technology is called “disruptive” if it creates a new market that first disturbs and then displaces an earlier technology. Bitcoin is
potentially such a technology and much more
. The fact that it can disrupt the largest and most interconnected marketplace in the world—money, banking and finance—makes it perhaps the most promising investment opportunity of our age.
Unlike our current increasingly unstable and unpredictable financial system, Bitcoin has 21st century technologies at its very core.

Read more -> http://www.nasdaq.com/article/bitcoin-why-it-now-belongs-in-every-portfolio-cm734833

3166  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 19, 2017, 07:10:48 AM
Ok sorry if I repeat just to clarify some concepts:
1. If I moved around my BTC I will have to link those addresses to be part of the second distribution round;
2. The same goes for the GBYTE: if I moved coins around I will have to do the same.
3. I'm not sure about blackbytes but it should be the same, please correct me just in case.

Last but not least, is there any possible date for the 2nd round? Do we still go for mid-feb?
3167  Bitcoin / Press / [2017-01-16] High-Speed Traders Are Taking Over Bitcoin on: January 18, 2017, 07:37:55 AM
Zhou Shuoji is not a bitcoin believer. He says the cryptocurrency will never replace its traditional forebears, and he calls most of its proponents fanatics.

But for Zhou, a 35-year-old high-speed trader in Beijing, bitcoin is also too good to resist. His computers trade it 24 hours a day, seven days a week. Using lightning quick orders, they profit from tiny price discrepancies on the myriad venues where it changes hands.

“It’s the golden age to be in the bitcoin market, because it’s imperfect,” said Zhou, a former IBM technology consultant whose firm, Fintech Blockchain Group, runs a bitcoin hedge fund and venture capital fund.

Read more here -> https://www.bloomberg.com/news/articles/2017-01-16/high-speed-traders-are-taking-over-bitcoin-as-easy-money-beckons
3168  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 18, 2017, 07:36:24 AM
Quote
Forget libertarians, speculative individual investors and Chinese savers trying to spirit money overseas. The reality is that professionals armed with cutting-edge technology now drive as much as 80 percent of bitcoin trading, mimicking strategies honed by some of the biggest players on Wall Street. To them, bitcoin is just the latest asset class ripe for conquering with machines.

For once I completely agree with Bloomberg. This is the reality for the bitcoin price market. We all know it.

Reference: https://www.bloomberg.com/news/articles/2017-01-16/high-speed-traders-are-taking-over-bitcoin-as-easy-money-beckons
3169  Bitcoin / Press / [2017-01-17] Bitcoin Will Change Money Like the Internet Changed Video on: January 18, 2017, 07:30:23 AM
In the 80s, there were basically only three distribution systems for video: TV, VHS cassettes and the movie theater. That meant that the only video was highly produced by strangers and most of it ran in half hour increments.

Not today. Now, micro-video has become hugely popular. On Vine (RIP), a six second video of a bin full of squeezy toys screaming might be the most amazing video you’ve seen in years (if you haven’t seen it, it will be). That video would have never hit the pre-internet distribution networks, though.


Read more here
http://observer.com/2017/01/bitcoin-lightning-network-andreas-antonopoulos/
3170  Bitcoin / Press / Re: [2017-01-06] Death & Bitcoin: How I Prepared My Family’s Digital Inheritance on: January 18, 2017, 07:21:17 AM
I think I will use all my bitcoins before I die  Grin Or, at least, I want to use all of them before the time.
Anyway, maybe, with family members, a multisig wallet will do the job.
5 keys and people are enough I think
3171  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: January 17, 2017, 06:57:05 PM
yes scavengers and wizards are everywhere here. I personally think that if bay keeps the promise it could be a leading project in the crypto world.
If it was not for its sad ICO history (which marked the project negatively) bay could be very well into the top ten
It will eventually reach it though, I hope  Wink
3172  Bitcoin / Bitcoin Discussion / Re: Why would banks use a blockchain? on: January 17, 2017, 06:46:42 PM
They want a "blockchain" but they don't want bitcoin. That want all the security the bitcoin protocol provides (via mining, proof-of-work etc) but they want it in their walled garden.
Ask anybody what a blockchain and they will answer that is the "technology behind bitcoin"!
FALSE!
The Blockchain is the chain of blocks in which all the transactions are stored. full stop. Then they build a huge castle on top of this.
And, of course, the blockchain "does" and solves every problem.

Go buy a blockchain
3173  Economy / Gambling discussion / Re: [Compilation List] Dice sites affiliate program. on: January 15, 2017, 02:27:02 PM
Consider safedice.com also

House edge: 0.5% variable
Affiliate commission: 10% of the house edge times the wagered amount. For every bet that using 1% house edge and more, you will earn a flat 0.1% of the wagered amount.
Has special banners: no
Altcoins: XMR
3174  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: January 14, 2017, 07:59:43 PM
Cool! If you would need some tuning for your PR drop me a PM. I've done this in the past and I'd happy to help.
Let me know

Thanks, are you on slack? We usually talk about that kind of stuff there.

No David I am not on slack sorry  Sad Anyway, if you would need anything ask me via pm and I'll do what I can.
 Wink
3175  Economy / Speculation / Re: I have not invested in Bitcoin when it was 200 US dollars on: January 14, 2017, 11:41:04 AM
today it could be your new $200: maybe you will regret not buying some even today. I've personally lost a lot a the beginning simply because I had to learn how to deal with BTC (security, not relying on exchanges, mastering the keys etc.)
BTC forced me to study many things I've never heard of and today it gave me a true financial fredoom. That's fine by me.
3176  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: January 14, 2017, 11:33:54 AM
Crotone-Bologna might be a very interesting game: Crotone is playing much better lately. Last week only a score during the very last minutes gave Lazio its victory. So I would go for a double chance while I believe Inter Milan will easily win this one.

Crotone - Bologna Home or draw
Inter Milan- Chievo Inter Milan
3177  Economy / Gambling discussion / Re: Prediction ligue 1, france football league on: January 14, 2017, 11:20:47 AM
Rennes will face Paris SG , an easy game for PSG . bet for PSG to win .
Angers will face Bordeaux , I will bet for Bordeaux to win .
Toulouse will face Nantes , A difficult game , I will bet for Under 2.5 goals.

I don't think it will be that easy for Paris Saint Germain to win that match because despite Rennes performances away they are quite though playing home, hence my double chance. As for the derby between Lorient Guingamp Ithink Lorient could win but another double chance is better.

Rennes - PSG Draw or away
Angers - Bordeaux Bordeaux
Lorient - Guingamp Home or draw
Montpellier - Dijon Montpellier
3178  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: January 14, 2017, 11:12:57 AM
Cool! If you would need some tuning for your PR drop me a PM. I've done this in the past and I'd happy to help.
Let me know
3179  Bitcoin / Press / Re: [2017-01-12]EU Planning a Database That Link User IDs to Cryptocurrency Wallets on: January 14, 2017, 11:06:33 AM
[...]Other than that, I only know BTC-E as a decent and major exchange that doesn't require you to sign up with any personal details. Yes, there are exchanges like Bittrex that do the same but I don't trust them at all.

FIY
https://bittrex.zendesk.com/hc/en-us/articles/215282838--Draft-Frequently-asked-questions-about-account-verification

This means Bittrex is changing its way to deal with anonymous users. They are still moving forward to it. Personally I'm still keeping a legacy account opened long ago: but I know that new users already fall into the new verification policy (basic as the first level).
Things change soon in crypto.
3180  Bitcoin / Press / Re: [2017-01-12]EU Planning a Database That Link User IDs to Cryptocurrency Wallets on: January 13, 2017, 07:20:10 PM
I think they will target exchanges. They will ask for customers' data and they will link fiat money to IDs (not crypto which they obviously can do).
1984 has always been here with us.
Do your own research guys

Yes, that's what they will do. The positive effect on security will be exactly zero, but the true motive is something different anyway: Preparing to extort more money from EU citizens to refinance the ever growing public debt.

P2P bitcoin users will not be affected by this. So the simple recommendation is: Stay away from exchanges that ask for private information.

I believe most of us know all that. Exchanges are the weakest link of the "blockchain"  Grin Grin Grin (sorry for this joke)
I've never used an exchange that ask my private information: I have my ways to escape giving away my data (I suppose that's a must for a true bitcoiner).
We'll see how this unfolds.
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