pd is down?
It's working for me. To bypass the stupid country dependent regulations on website you don't even need to spend money on a VPN, just get TOR. You will have to enable javascript among other stuff which may compromise privacy, but without being paranoid it will be both safe enough and will do it's main job here which is trick the site into thinking you are from another country so you can bypass the restriction which is all due your IP being from a certain country. Edit: Ok it actually seems to be down.. it's stuck in "loading". |
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Stuff like this is the next big thing in my opinion www.battlecoin.orgLittle cool games that resemble the arcade machines, but instead of inserting coins you insert Bitcoins and you play against other people and the winner takes it all (or other custom rules). |
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Just to let you guys know a big crash is coming in 2016 in the economy. There is going to be a huge financial crisis but it will be worse than 2009.
The bitcoin price will skyrocket to over $10,000. However bitcoin will be banned in all western countries. If you are reading this living in the west you should make preparations to move to Russia or China they are the only places you will be safe owning bitcoins.
The crisis will be so big it will destroy entire countries and in 2017 there will be a civil war in the USA, UK and western europe. After this the world will never be the same again it will change so much by 2020 it will be unrecognizable compared to today.
This is complete nonsense, considering Russia and China have been the most vocal out there against cryptocurrencies. http://cointelegraph.com/news/115472/russias-minfin-wants-to-jail-bitcoin-users-for-4-yearsThose countries are the most aggressive countries against cryptos so I don't understand how you are suggesting that those will be the only places to be safe as a Bitcoin owner. Extremely absurd if you ask me. |
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I am holding some for price increase and I spend a few. I just spend a few and make a few mining. I sell altcoins that I mine
and convert that to BTC. Then I split profits, most times and spend a little, never on gambling, though. Gambling is a no-go for
me.
Is mining altcoin profitable? or just if you have the mining hardware? Never gamble man, better earn your money by working on it than using luck to multiply it. If you have the mining hardware and if your electricity price is low, then it is profitable to mine some coins. Not at all. If you have all the requirements, to the point that everything you need in mining is really can afford together with the electricity, then mine only Bitcoin. Not sure what you mean but I think his point was that with altcoins you can benefit from the low difficulty at the beginning and mine a ton of alts, then wait for the pump and dump your freshly mined coins for Bitcoin, as opposed to being a small time miner on Bitcoin. Both are gambles, but the altcoin mining gamble can give some good gains. That's what alts are useful for only, to dump for Bitcoin (except like 2 or 3 good ones). |
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Having a bunch of "free space" that's unused due the cap being too big brings a lot of problems and possible exploits. What centralizes Bitcoin is not being able to run a node in your computer, not the nonsense you are talking about. Bitcoin will never scale to worldwide levels by raising blocksize.
There is no free space. Damnit you guys really have no clue about the blocksize debate and comment on it. The cap limit is not a default setting. Blocks wont become 8mb size, and 7.5 mb will become empty. Blocks will remain the same 0.5mb, but it just lets the maxium reach 8mb if it needs to. Now i dont think 8mb should be increased immediately, but it should be written into the protocol to increase at some point. I dont like the command & control aspect of the development. There should not be a need for development anymore. Add a final BIP into it, and then its over. Developing it further just gives more power to the developers and it creates a centrally planned currency, that is nothing better than fiat. I know there's no "default setting" and free space is just a way so say it, but yes having that "extra space" brings some problems. In any case 8mb or 20 solves nothing in the long term. Right now those values are absurd, in the future, we'll see how the average internet connection/hardware deals with those, but the main point is, Bitcoin will never scale to worldwide levels without something like the Lightning Network. At some point software solidifies, protocols need to stop being exposed to hard forks, and 1mb seem to be enough (+ sigwit) until we get LN. Only people clueless in scaling software of this nature would claim that doing hard forks periodically is a good idea. TCP/IP solidified and then we developed layers on top, the same will happen with Bitcoin. I don't care if it happens with 1mb or 2 or 8, in the long run we will encounter the same problem and only LN can save our asses if we want to go global, something big block guys don't seem to get (unless they are ok with the nightmare of huge datacenters running nodes + the aforementioned problem of periodic hard forks). |
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These are the blockchain's applications and potential. Not exactly bitcoin's  But yeah, that's the potential that it has. A voting system based on a blockchain could bring real transparency to the system. Referendums would become extremely easy to set up. Now I'm afraid that democracy can easily become a very blind-as-to-the-future kind of system, and such a true democracy, where the population can easily tell their mind about every new bills coming out, given the average degree of education in any country that I can think of, would result in a lot of bullets in the foot. I mean to say, this is not a good idea as long as the people aren't more politically, economically and historically educated. But for those decentralized applications to properly function you need a decentralized token, because no one is going to trust a (for example) voting system which uses a centralized goverment issued-closed source token, when you have Bitcoin which is open source and decentralized, and at the same time, if you use a open source, decentralized token, no one is going to trust any other one but Bitcoin because Bitcoin has behind the most hashing power earth. So as you can see, everything leads to Bitcoin as the best alternative. Therefore, the blockchain technology without Bitcoin as a token is pretty useless to be honest. |
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Both have a place to exist, if you talk to average people out there they aren't going to like the idea of having to deal with their own money as if they where a bank because people don't like responsibility so you will see services appearing that act as a bank for cryptocurrencies. Yes it defeats the point, but whatever, people will never learn, so give them the possibility of having their private keys managed by third parties if they want to.
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-snip-
Yea, but cash does have serial numbers on them and if a camera can pick that up then you are most definitely going to get tracked or caught.
ENHANCE![1] Sorry, but I can not take you serious with that point. Just turn the bill around and the serial is no longer seen by the camera that hardly has the resultion to make identify a person[2]. -snip-
I don't know if that was the poster's original point, but one way in which cameras can destroy supposed anonymity of cash is the following: Suppose you are an activist and want to uncover some illegal situation happening in a big corporation. For that, you buy a camera you are going to install to produce video evidence. Unfortunately, the camera is detected by the owners before you are able to retrieve it afterwards. Police is now able to trace the stores in which such a camera has been sold recently (even worse if there's any kind of serial number involved), and may use the purchase information provided by the stores to get CCTV footage of you buying it. No matter whether you paid by cash or credit card.
This is of course not directly related to breaking anonymity of the payment, but it does not matter in the end. I am aware that such a process actually happened to animal-right activists in Austria. Apparently police even raided some homes of people who just happened to have bought the same camera at a similar time and paid by card but were not involved in any activism at all.
Yeah this was more or less my point, the actual transaction may be anonymous, but it's pointless since there is evidence of the actual persons involved, which is even more revealing than using Bitcoin as it is today to be honest. If you have all the cam footage and authorities can have it of all places and angles, they can reconstruct your path and eventually find out who was involved, so the cash transaction would need to happen in physical isolation from any cameras which is just a pain in the ass for any normal person not doing anything illegal that just wants to remain anonymous. Sorry, but where the hell do you live that you have problems not getting filmed by a camera when in public? I know central london is a problem[3], but even their system was unable to do what you suggest in a murdercase[4,5]. [1] https://i.imgur.com/Zy1xXJ8.jpg[2] https://www.youtube.com/watch?v=kzdv4FUHqP8[3] https://thecctvmap.files.wordpress.com/2012/05/shoreditch2.jpg[4] https://www.youtube.com/watch?v=bViveOxeHQ0[5] http://www.bbc.com/news/uk-england-london-34284385It's not really about that, the main thing here is you needing to physically move to exchange your coins, isn't it obvious that it defeat's Bitcoin's purpose? We want digital cash, if we have to meet in person, well, you might as well exchange actual physical cash.. The goal is to have the same function cash has but decentralized and online, with all the features of an internet app, without needing to meet in person. Of course, if you want fiat, there's no way around it, but crypto to crypto should be as anonymous as possible by default. I agree, the point about "FIAT bills & CCTV can be used to track your payments" is bullshit though. Bitcoin allows you to stay anonymous. Its just hard and complicated. CoinJoin build into core or other common local wallets would be a great way to make things easier. AFAIK it can work without the need for a central server. I have not seen a working implementation yet though. Bc.i is one central server, dark wallet most likely stuck in alpha. Isn't CoinJoin already working? There's this JoinMarket thing, but it's still very archaic, not user friendly, and therefore not a lot of people use it yet, that's why we need this sort of stuff to be implemented within the actual wallets and working in a seamless "click there and send anonymous" way where the user doesn't necessarily even know what is going on in detail, he just knows his transaction is safely sent. The JoinMarket stuff is too complicated imo, everything that isn't "click to send anonymously" is a hassle for the end user, and the end user is ultimately all that matters. At the end of the day, what we want is an anonymous transaction, that mixes the coins in a decentralized way, and that doesn't display the amount sent (this part is mostly solved by the nice work of Gmaxwell with CT). We combine both features in an easy way and then we can start talking about e-cash like the Bitcoin whitepaper said. |
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I am really into gambling because it's fun to test your luck, but I have been playing that Battlecoin game, which is a game where you bet money and other players bet too and make a pot, then you play a match of Bomberman and winner takes it all. Are there are any other games like this that aren't 100% luck? Also what do you think of 100% luck games (pure gamble) vs skill based games? I just like some variety sometimes from dicing and casino type games.
I really prefer skilled games vs pure luck ones. I already know that game, it's getting pretty popular I think, and I hope that will be the next step in the gambling world, it would bring a lot of fun to gambling, and that's what I normally search for. For now, that is the only game I know, although I also heard that in the Dragons.tl you can get a mix of skill and pure luck based mini games, inside the MMORPG universe. I have heard of that game, but just like other people has commented, I can't be bothered to download a game to play it anymore, in 2016 you need to have the stuff happening in the internet browser, people doesn't want to download stuff anymore (unless we are talking an actual heavy game like League of Legends or something, but not for mini games/gambling stuff). |
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There is a chance that they could collapse. However, with the house edge, the house will always win in the end so the longer they run, the more bankroll they have, and the less chance they have if collapsing.
The chance's of a casino going bankrupt are actually pretty high. The competition is too big, getting funds is not easy. If it was easy as starting a casino business and sitting back and what it grow because of house edge, everyone and their brother would be running a casino. Good point. If you use moneypot or something though, you could start a casino safely, and once you get enough bankroll, make it independent. Still lots of risks though. The most difficult thing to do in all businesses is actually getting the traffic in the first place, this is the reason why a lot of business in here if not all, invest in signature campaigns, because they are very efficient in sending people onto their websites. Without traffic you are a dead man walking in the business world. |
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I think you are forgetting the possibility of printing a paper wallet with BIP38 encryption and wrapped on plastic as another way to store Bitcoins that you don't intend to use for long periods of time. A lot of people seem to be doing this.
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There are a bunch of impoverished countries that would make great progress with Bitcoin, for example Venezuela is under insane amounts of devaluation, their local currency is worth nothing, anyone living in the first world (USA or Europe) can live like a millionaire on there, of course, have fun dealing with the high amount of criminal activity.
I don't see a clear way to introduce Bitcoin there... but definitely it would help.
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I knew a lady once who was a child during the Japanese occupation of the Philippines. She told me that her grandmother had a bamboo stick full of American coins (90% silver at the time.) The family moved to the country to live with relatives and the bamboo tube got them through the event, which lasted for several years, relatively well.
It's worth note that more 'modern' occupations focus on clearing the countryside of humans as rural areas often act as a breeding ground for insurgency. That was the main reason for napalming and agent-oranging the shit out of Vietnam, burning down rural villages, and killing the inhabitants as I understand things. I would expect that the same tactics will be employed in the U.S. and like countries although the excuse will be that it is to comply with the United Nations Earth Charter and the 'wildlands' project.
Even in urban environments under a 'cashless' system, it will be extraordinarily difficult to completely halt black-market operations. At least over a long duration. Extreme surveillance will be attempted, and may actually work pretty well, but not completely. It will be trivial to box out the current implementations of distributed crypto-currencies since they were, for the most part, not evolved to deal with the potential threats. Silver coins will be much more difficult. I expect that the technology to locate and identify masses of elemental metals are more advanced than most people realize however. A silver or gold coin in one's pocket might act as a target beacon. I don't know this, or course. It's just a guess based on my observations of related technological progress.
How can Bitcoin fail to resist an attack of massive surveillance? Maybe not right now, but give it one year and we will get it running with TOR seamlessly (already coming with 0.12), give it CC, integrated CoinJoin, bip47... what are they going to do? it's impossible to control at that point, only thing they can do is keep trying to develop a trojan horse to centralize nodes (Bitcoin XT and so on) but not even that seems to be working. |
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It's always a BAD idea to get technical with it. Just limit yourself to explaining it's usages and a bit of context into why it is important, other than that, trying to explain random noobs about what the blockchain is and how mining works will probably just alienate them even more.
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-snip-
Yea, but cash does have serial numbers on them and if a camera can pick that up then you are most definitely going to get tracked or caught.
ENHANCE![1] Sorry, but I can not take you serious with that point. Just turn the bill around and the serial is no longer seen by the camera that hardly has the resultion to make identify a person[2]. -snip-
I don't know if that was the poster's original point, but one way in which cameras can destroy supposed anonymity of cash is the following: Suppose you are an activist and want to uncover some illegal situation happening in a big corporation. For that, you buy a camera you are going to install to produce video evidence. Unfortunately, the camera is detected by the owners before you are able to retrieve it afterwards. Police is now able to trace the stores in which such a camera has been sold recently (even worse if there's any kind of serial number involved), and may use the purchase information provided by the stores to get CCTV footage of you buying it. No matter whether you paid by cash or credit card.
This is of course not directly related to breaking anonymity of the payment, but it does not matter in the end. I am aware that such a process actually happened to animal-right activists in Austria. Apparently police even raided some homes of people who just happened to have bought the same camera at a similar time and paid by card but were not involved in any activism at all.
Yeah this was more or less my point, the actual transaction may be anonymous, but it's pointless since there is evidence of the actual persons involved, which is even more revealing than using Bitcoin as it is today to be honest. If you have all the cam footage and authorities can have it of all places and angles, they can reconstruct your path and eventually find out who was involved, so the cash transaction would need to happen in physical isolation from any cameras which is just a pain in the ass for any normal person not doing anything illegal that just wants to remain anonymous. Sorry, but where the hell do you live that you have problems not getting filmed by a camera when in public? I know central london is a problem[3], but even their system was unable to do what you suggest in a murdercase[4,5]. [1] https://i.imgur.com/Zy1xXJ8.jpg[2] https://www.youtube.com/watch?v=kzdv4FUHqP8[3] https://thecctvmap.files.wordpress.com/2012/05/shoreditch2.jpg[4] https://www.youtube.com/watch?v=bViveOxeHQ0[5] http://www.bbc.com/news/uk-england-london-34284385It's not really about that, the main thing here is you needing to physically move to exchange your coins, isn't it obvious that it defeat's Bitcoin's purpose? We want digital cash, if we have to meet in person, well, you might as well exchange actual physical cash.. The goal is to have the same function cash has but decentralized and online, with all the features of an internet app, without needing to meet in person. Of course, if you want fiat, there's no way around it, but crypto to crypto should be as anonymous as possible by default. |
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There is a chance that they could collapse. However, with the house edge, the house will always win in the end so the longer they run, the more bankroll they have, and the less chance they have if collapsing.
The chance's of a casino going bankrupt are actually pretty high. The competition is too big, getting funds is not easy. If it was easy as starting a casino business and sitting back and what it grow because of house edge, everyone and their brother would be running a casino. |
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i think its a really interesting casino place and it has a lot of interesting games to play i once played there and i lost my all money though it was entertaining to play and really enjoyed it
But isn't to much time consuming? I'm always afraid of that in these MMORPG. I played a few games and I either played for many hours or I would just not advance any further. That's what is keeping me from trying this one for now. I used to be pretty addicted to World of Warcraft when it first came out because it was new, well I played Lineage 2 before as well. Anyway, I realized that's just a massive waste of time when I got older. |
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Yap its real...i can buy a thing with btc and find money in btc.. Thanks for the founder of btc  with my little satoshi, I can not use my bitcoin as real money. So, I save my bitcoin to bigger in value. May be in 25 years bitcoin will become 1 satoshi = 1USD. Then I will use my bitcoin as real money. 1 satoshi = 1 USD seems too good to be true and kinda impossible to happen. I don't think you'll have to wait that happen to consider bitcoin as real money. If your little satoshis grow and you earned good amount of BTC, you will definitely spend it and treat it as a real money It is real money already and has been since the first transactions. Bitcoin has all the properties of sound money and as soon as people start accepting it then it's considered money, there's no need to wait to call it money. |
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I find it interesting that you would use something because it's related to gambling as it is haram. Well, the fact is that Bitcoin has a strong gambling element in it's core, mainly the mining system. The miners are basically playing a lottery to get the blocks, they are gambling money invested in electricity in hopes they win the reward, so doesn't this core principle of Bitcoin go against muslims then? im just curious, I dont follow any religion so im not concerned.
This is a pretty good point, I actually made a post about this I think but got moved to the political section for some reason so I didn't good the feedback I wanted (from people that post in the main forum). |
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OP what are you talking about? Of course Bitcoin is money and we want money, duh, what's your point anyway? Bitcoin is the best form of money we've ever seen, im just wondering under what assumption anyone precisely in this forum wouldn't:
1) Talk about Bitcoin
2) Want a lot of Bitcoin
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