|
Well it's clear that gambling goes strongly in genetics, so I would do a genetic test to check for my possibilities to become a gambling addict. If you have high chances of genes related to expression in the genome that are proved to be linked to addictive behavior I would not risk it and stay away. But most people shouldn't have serious problems with it.
|
|
|
|
But what was the amount of money being bet to make 500 BTC? I don't understand that screenshot. What are the amounts of BTC at the side? For example, https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FkiImkoo.png&t=559&c=qGOx3cxYY2QTsQJust lost "5.5 BTC" 82.5986 <49.5 #156227658 5.5 is the amount he lost I get it But what is 82.5986? less than 49.5 is the probability to win or to lose? The last number i guess is the id for the bet Im new to this kind of Bitcoin betting so just asking. To win, he must roll < 49.5. Meaning, the number rolled has to be under 49.5. He rolled 82.5986. That is NOT under 49.5. That means he loses the bet. Okay, then he gets a random number and it ahs to be below 49.5. I assume the maximun number is 100... But still, I don't understand how much money he bet, and how much money can you make if you win with this type of win (I guess it depends on what number you choose, and can you even choose the number? I mean the <49.5 number). |
|
|
|
By 2140, no more Bitcoins will be created so people will probably move on to other crypto currencies.
This sounds consufing. You mean miners move on to other crypto currencies, since they have too or people (speculators) etc.? Fees will most likely be miners incomes, since block reward would be so low. I think that bitcoin would still be as profitable as it is today. it takes just one big bitcoin farm to 51% attack a sha-256 altcoin. So they will most likely move on to new algorithm. Most likely my bet would be that PoW coins will be superior only to some point in the future. Beyond that point PoS or other methods would be far more superior. At present, PoW is the most fair and efficient way to distribute the coin for long time. In PoS coin, the coins are distributed in one go (ICO) or very short period. So it is unfair to later comers as the only way they can get the coin is to buy. For the PoW coins, you can buy/rent rigs to mine. You can also buy cloud mining service. What about clams, they were distributed to every doge lite and bitcoin owner. And as for other PoS coins like nxt for example has better distribution than bitcoin already. PoS coins are poorly distributed at the beginning(except for clam, which had a pretty good distribution early), but they should be pretty evenly distributed in 3-4 years time if there is an active community behind the coin. imo there are currently 2 good well distributed coins out there. One is clam and other one is nxt. PoS is not a secure system, it has been demonstrated in the events that we saw with NXT where they even considered a rollback to try to fix the mess that happened with all those exchange hacks. This alone should make you think. The fact they even considered a rollback should raise big alarms. PoW is still king and will stay king. |
|
|
|
One good thing that will make bitcoin stand the test of time is the affordability that it is bringing into the entire trading and general economy of the world. Lots of financial institutions have been enjoying the monopoly and all I can say is the time has come to roll the cheapest reliable and safest way to send money. People who are against the bitcoins are aware that it is bringing a big competition to the trading field. Team bitcoins till the end.
The big status quo of payment processors is scared as hell because Bitcoin is going to make them useless and deprecated by superior technology. All those companies that don't adapt (and by adapt I mean don't start using the Bitcoin blockchain as the skeleton of their system) are going to end up in bankruptcy in the next 10 to 20 years granted. |
|
|
|
|
Blockstream is doing a great work in trying to scale Bitcoin to global levels without the tradeoff of big blocks that would make Bitcoin extremely centralized as the nodes wouldn't be able to ran by everyday people. Scum are the ones that want big blocks so Bitcoin becomes controlled by Google and other datacenters.
|
|
|
|
I would say that the biggest issue people have with Bitcoin right now is the easy of access that bitcoin has, the stigma that Bitcoin is used by shady criminals, and, simply put, Bitcoin does not really offer them anything that typical banks and payments systems offer. "Average" people don't see a need for anonymity, and PayPal or other platforms allow for people to complete payment quickly and move on with their lives, as opposed to having an address that they have to input via QR Code or other software, then select a specific dollar amount, then wait for the transaction to complete, etc.
Bitcoin, to fully succeed as a daily currency, has to be faster, somewhat more stable in value, has to have the public have more positive views about it, and, as stupid as it seems, needs to be easier to use.
The people that aren't entrepeneurs, don't do international payments and so on, will probably not see the benefits of Bitcoin until the fiat scam collapses, then they will learn the lesson the hard way. Other than that im not worried about it, let just Bitcoin develop, the devs are doing a good work, let services keep appearing and innovation happening, and it will happen sooner or later. |
|
|
|
I will buy bitcointalk forum and shut it down  By then this forum will be way too big and valuable, I don't think you will be able to buy it. The people running it will be billonaries by then (if they still hold on their current stacks). Considering the donators donated 50 BTC im guessing a lot of the mods in here are whales so they will not profit from selling it, they will keep making money by running it. |
|
|
|
But what was the amount of money being bet to make 500 BTC? I don't understand that screenshot. What are the amounts of BTC at the side? For example, https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FkiImkoo.png&t=559&c=qGOx3cxYY2QTsQJust lost "5.5 BTC" 82.5986 <49.5 #156227658 5.5 is the amount he lost I get it But what is 82.5986? less than 49.5 is the probability to win or to lose? The last number i guess is the id for the bet Im new to this kind of Bitcoin betting so just asking. |
|
|
|
|
The best was betting during in boxing during the mayweather era, you always knew it was easy money to be made, he would always win.
Same goes for the Fedor Emilianenko era and Crocop era in MMA, you could always be pretty much certain thath tese guys would win.
Right now, Jon Bon Jones in a safe bet in MMA, and Klitschko was at least until last fight were he got beaten by Fury.
|
|
|
|
Don't know if it's a waste of time or not. My parents both know about bitcoin but neither of them own any or want to own any, and they knew of it from news reports. I have mentioned it to some friends, but I don't pester them to buy or otherwise proselytize the benefits of owning bitcoin. Why would anyone bother doing that? Most of the time I can't figure out any true advantages to owning myself other than capital gains.
Yeah the thing is people that would benefit the most from Bitcoin aren't the average joe living in a suburban first world place because most people don't need any changes in how the way money works. But people that are entrepeneurs and want to start receiving payments easy and fast, or people that are overseas sending money, or people in places like Argentina.. but those aren't the people most of us have for friends. I think the importnace of Bitcoin will not be clear to most people in developed world until fiat starts to collapse real bad. |
|
|
|
I just saw this, here's another thread, please delete it: https://bitcointalk.org/index.php?topic=1278250.0Just a troll trolling. They get nuked within seconds so just ignore them.
But what trolling is this? For me trolling is signing in and saying how Bitcoin is doomed and everyone should just sell their coins because it's going to crash, but those guys don't even feel human, it's like automated random gibberish from a bot. Lol at first I thought you meant hilarious as in hilariousandco(Global Mod guy). This has been discussed in: https://bitcointalk.org/index.php?topic=1275923.0The agenda is I guess "revenge" , it was previously posting begging threads which were swiftly deleted by nuke bots, but as the content is not changing randomly it has to be done manually, so yeah, to annoy mods. Oh so it's just to annoy mods I guess, what a cunt. |
|
|
|
I just saw the entire video and nothing happens, Roger Ver is just talking to the chinese guy about how they fraudilently used his signature and they owe him a lot of money. It's funny how the xinese guy keeps spitting on Roger Ver's face accidentally while trying to speak english. https://www.youtube.com/watch?v=F41670Wx9Vk |
|
|
|
It says it was published at published on 2015-11-21 Well, it seems he's ok then, glad to see he is still fine. I hope they are still working in Darkwallet. I think I heard Cody Wilson talking about him in other podcast the other day saying he was ok, but there was another guy that disappeared for sure, I don't remember the name. Let's just hope all those cool anonymous wallets continue being developed without people randomly disappearing in the process. |
|
|
|
|
I think we should be raising it as long as we don't have the LN operative and dealing with the insane amounts of transactions per second needed to make Bitcoin a viable global payment settlement network, but once LN is working we will not need to keep making the blocksize bigger. For now, I constantly change my mind about it and im not sure if we should raise it.
|
|
|
|
|
I probably have almost near 100 since I have used always a different one each time, considering i have been in the game for a couple of years now and always have tried to never reuse addresses as most people should be doing, so yeah around that. I don't even keep track anymore.
|
|
|
|
|
I would suggest a signature campaign but I think you are already doing that or done it in the past. If it's not ongoing, I would try again, if you still don't get results, I would try other sources of traffic that are related to gambling but not necessary to Bitcoin to introduce new people to the concept of Bitcoin gambling. If all else fails, I would try to look at the service im providing and try to improve it and guess why it's not working.
|
|
|
|
This is definitely not Bitcoin Discussion... Let's see what happens to this guy on trial. I just hope that mainstream media doesn't start saying that this guy is a Bitcoin expert and his business was based on Bitcoin  Eek sorry if i posted in wrong section. Yea knowing the media they will label him "Bitcoin CEO" lol! I remember reading back in the day when someone related to Bitcoin, I think from the Bitcoin Foundation or something like that, committed suicide, I saw some news in some digital newspapers talking about how the "CEO of Bitcoin committed suicide yesterday", it was absolutely hilarious. People's misunderstanding on how Bitcoin works knows no limits whatsoever. |
|
|
|
|
It fully depends on what people find more convenient, and as long as people aren't getting paid in BTC, I think daily usage of BTC specially in in real-life scenarios will remain rather rare, because people is too lazy to convert their wage into BTC and then spend it. Of course I know there are some system where the conversion will happen automatically, but im not sure about people seeing a point on this. The main point of BTC is being your own bank, and this requires that you get paid in BTC for an ideal scenario. Then BTC beats all forms of money ever.
|
|
|
|
bot for faucets do not cost too much, i was going to make one by hiring a programmer(sadly i'm not able to code one in php) and he was asking very low amount around 0.1-0.15
but a bot liek that can earn you at least 0.01 per day if there are enough good faucets, it's worth a try
But hpw will it work than if you have a bot that do it for you the faucets? Because they are anti-bot thing. That is nice that if you could do that. That the bot just collect satoshi for you. the bot i'm talking about is connected via api to those website that solve captcha via human work, so no anti-bot can stop this, but you must pay something for them to solve it's around few cent for 1k captcha i don't remember right now here the best one https://2captcha.com/ 1k captcha = $0.66 As I said if it really was worth it faucets would be dead by now, it only takes a few people using bots to drown them out but as we can see faucets still exist so I pretty much doubt there is someone using bots out there unless you can prove otherwise now it's too late i agree, but it was worth it in the past, like with mining, there was someone on one forum doing it and it was profitable forhim, without doing nothing he was earning something like 0.01 per day from faucets It has been late for ages when it comes to making any relevant amounts of money through faucets, but the thing is, the main point of faucets to exists now or keep existing in the future is to introduce newbies into Bitcoin. If I spoke to anyone in real life about Bitcoin, I would tell them to go to a faucet so they can get Bitcoin for free, but I haven't told about Bitcoin to anyone I know yet because I feel like they wouldn't get it, but in the future im sure all noobs will be getting their first satoshis thanks to faucets. |
|
|
|
|
By not having any money to gamble with to being with... the biggest gambling addicts I have ever seen were people that were already wealthy and well off. They get used to the adrenaline rush of testing your luck and they can't go a day without that thrill. The thing is, the more money they have, the more money they have to gamble to get that same high again. It is literally like a drug.
|
|
|
|
|
Show Posts
