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3381  Economy / Gambling / Re: ▂▃▅▆█ BITSLER █▆▅▃▂ 🎁Most Popular Dice & Roulette🎁 on: May 25, 2017, 05:49:39 AM
Why burstcoin right now? There is so many coin that really have a good traffic, may be like ripple or even monero why choose burstcoin? Saw their coin on coinmarketcap and they are at rank 59. And this coin already been long time ago and the price is always stagnant like that. Are you seriously going to pump it right now?

Hello BTCevo,

It is a good question. To be honest, I received a tons of emails/pms/facebook messages from our community to add this coin in the 6 last months. (Easy to mine, good to play like DOGE etc.) I told to the players that I won't add it but I was following this project. Recently, his value has increased and Bitsler's community was talking a lot about it. So, it seems a good timing to add it.

Cheers,
If people like this, than do this, no problem for anyone. On another hand, does this step (adding burstcoin) means that probably we can see multi altcoin dice website? If it won't br integrated on main bitsler, maybe new version like bitsler v2?
Also dedicated faucet for added altcoin will be a great idea.

bitsler is already a "multi altcoin dice website" they have Bitcoin, Ethereum, Litecoin, Dogecoin and as Baryom stated in his announcement in last page Burstcoin is in the implementation stage and will be added in the next couple of days.

and as for faucet, i would also like seeing a faucet, but i think this was suggested before and rejected.
3382  Alternate cryptocurrencies / Altcoin Discussion / Re: Define Altcoin Success on: May 24, 2017, 06:35:57 AM
Bitcoin is the most successful crytocurrency because of adoption and not because it is inherently better than other altcoins. There are several altcoins that are more advanced than bitcoin. Altcoin success is defined and measured by user adoption. its only with a large user base that an altcoin can show its true potential, otherwise its just a useless piece of technology.


you think they are better but in fact if they were really better they would have already gotten big in the past 8 years.
do you really think bitcoin was the first?
there were other altcoins around when bitcoin came out, and it crushed all of them because it was decentralized, had a good distribution plan and was secure because giant security experts had checked the code.
all the altcoins you find these days are either premined obviously or premined in a hidden way so they don't have a fair distribution. Wink
when someone controls over 70% of the supply of an altcoin, that altcoin can never succeed. and that is because of the decentralization and security that i mentioned above. with bitcoin everything has always been transparent from day one. you could mine the first blocks and get the reward like anybody else. the coins satoshi and Hal mined are still there and have not moved all these years. but you can't say the same thing about most altcoins.
3383  Alternate cryptocurrencies / Altcoin Discussion / Re: Define Altcoin Success on: May 24, 2017, 06:12:25 AM
short answer: adoption!

the name is altcoin aka cryptocurrency. but the definition has changed and right now these altcoins are only carrying the name of currency in their description and nothing more than that.

so in my opinion, altcoin success would be when one or some of these altcoins start living up to the promise. start being used as a currency. and for that, they first have to be a better currency than fiat and also a better currency than bitcoin. also have certain aspects to themselves. such as
- ease of use for average Joe, not a shitty or complicated wallet
- ease of use in general, meaning i as a user can run a wallet for myself without requiring a third party such as web wallets, exchanges, etc to keep my coins.
- decentralization, if people wanted to use centralized coins they would have either used fiat or used the government/bank issued cryptocurrencies that thy are currently working on.
- security, people want to be sure that their money is safe. the code needs to be safe, they shouldn't hard fork every couple of months just because the code wasn't reviewed first before releasing. the network security should be high enough that eliminates any kind of attack vector or at least makes them expensive enough to prevent an easy attack and have solutions for them too.
- stability, the wild pump and dumps that happen in altcoin scene kills any project no matter if they are good. no sane person or business would risk using an altcoin that is small and can get dumped 80% in a week.

but all the things i said are just noise because the nowadays developers don't care about anything apart from "how much money the project makes them" and that is one of the reasons why we keep seeing ICOs!
3384  Economy / Speculation / Re: Bitcoin for $5000? on: May 24, 2017, 05:57:42 AM
i expect a correction after segwit activation when the backlogs are cleared.

you are half correct.
if the scaling issue is finally concluded and we move forward. and also the backlog aka mempool is finally cleared only one scenario can happen.
- the news of moving forward comes out
- price surges upward at another 50% up to 100% from where it is going to be at that moment
- then a correction happens but it will be very short lived and very small because the good news will come out contentiously about bitcoin and all the altcoin bubbles will finally blow up and all the money+profit will fly back to bitcoin and we see another 100% rise.

i am thinking $4000 first then upward towards $8000
3385  Alternate cryptocurrencies / Altcoin Discussion / Re: I've been watching the recent alt coin pumps... on: May 24, 2017, 05:52:03 AM
Well... which are your methods to decide if a pump worths investing?
this is the million dollar question! in other words hard to give a proper answer to.
for me it is if i see the coin is just starting to pump, not be at the end of the pump pressing its luck for a little bit more stretch. because a coin that hasn't gone up yet can go up 1000% but if it already is up, it can't go up another 1000%!
and also at this point price is also a big factor. you can always pump a coin which is worth 100 satoshi up to a huge price like 100,000 satoshi but you can't pump a coin worth 0.01BTC to 1BTC!!

also lots of other things to consider too. like if the volume is high enough, how are the buy supports, is there any big sell walls ahead.

Also please note we are in an alt coin bubble and this bubble will pop someday but I don't really know when; most prices are over reality if you ask me.
at least you already know this. that means you are half way there to success.
3386  Bitcoin / Bitcoin Discussion / Re: Wanna Cry Associated Bitcoin Wallet's Transactions Monitoring on: May 24, 2017, 05:40:49 AM
just place this code in your first post and it automatically updates the balance of each address, hence monitoring the transactions:
Code:
[img]http://btc-priceimg.herokuapp.com/balance/<address>[/img]

are we sure all of this 49BTC is really payment that people made and not just the scammers sending some bitcoin to the wallets to convince victims that others are paying?!
3387  Economy / Gambling / Re: ▂▃▅▆█ BITSLER █▆▅▃▂ 🎁Most Popular Dice & Roulette🎁 on: May 24, 2017, 05:30:32 AM
affiliate commissions, really not easy. I tried it in many different ways, but no accept my link. If you have any strategies to achieve it, please guide me. It's a great thing if you own at least 5 referrals. Thank you.

there really isn't any simple method to gain referrals for any service in general.
you need to find a target audience, you can start by putting the referral link in your signature. but mostly i would suggest finding gamblers that may be interested in playing online. and then introduce them to bitcoin and gambling with it online and how easy it is. then give them your link. and as i said it is not easy by any means.
3388  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The Poloniex Boom, which coin next? on: May 23, 2017, 06:50:29 AM
after a certain point it becomes impossible to speculate in altcoin market. in the beginning it was much more clear to see which coins are being accumulated and how much they can go up, but after some pumps happened everything became unclear. right now many pumpers are pumping dead coins even! maybe just for fun of it, the markets that were being reviewed for removal are not rising 100% with a big volume!

it is actually mostly because of the gullibility of people in altcoin market, there are a lot of pumping groups which buy some altcoin and then tell others to buy it and as soon as the followers start buying they dump on them to make profit. and that is why there is no more accumulation and no rules in this market. there is no prediction either!

for example Lisk has gone up 500+% in the past 2 months! it seems to be rising again these days!

that is why i am only trying to jump in and out for a very short term investment to make quick but small profits. not to mention easy!
3389  Economy / Speculation / Re: BTC is not used for what is meant to be, possible Crash on: May 23, 2017, 06:38:07 AM
I am worry about that BTC is not being used for the porpouse of is creation, that is being used as a currency,
it actually is also being used as a currency, you just haven't been looking!
do some research, find how many online and offline places are actually accepting bitcoin as payment. and you don't need to even look far. just google where to spend bitcoin and you'll find lists of thousands of places that you can spend it and people do spend it.

you can also look at this: https://bitcointalk.org/index.php?topic=1895526.msg18819433#msg18819433

Quote
instead is being used as an investment,
it has always been like this, bitcoin has always been used as BOTH investment and a currency!

Quote
and is going to crash if is just saved and not used, so the BTC will crash to zero very soon if that does´t change soon.
why?!!
people are saving up gold, stocks, and all kinds of shit and never spend them. you don't go to a coffee shop and pay for your coffee with a piece of stock and yet their prices are going up!

if anything bitcoin will rise even more, since it has both attributes and will always have it.
3390  Bitcoin / Bitcoin Discussion / Re: So finally it did was not difficult to dethrone bitcoin! on: May 23, 2017, 06:31:01 AM
actually it has never been difficult to "dethrone" bitcoin. bitcoin is not perfect!
but the thing you are missing is that nobody ever tried to take its place Smiley

a lot of altcoins pretended to do it though. but none of them could even come close. in reality when you start using bitcoin and then use altcoins and compare the experience you will understand clearly what i am talking about here.

otherwise yes, standing outside and just reading some script online written by altcoin pumpers and looking at some numbers like the price and the time between blocks, ... would surely look like some altcoin is better than bitcoin.
3391  Economy / Gambling / Re: ▂▃▅▆█ BITSLER █▆▅▃▂ 🎁Most Popular Dice & Roulette🎁 on: May 23, 2017, 06:23:08 AM
I want to ask can add a function of mute chat like prime dice, pocketdice?
Because sometimes i use data plan.

there is an X mark on the top left side of the chat box that you can click to hide it.
and chat is not really using that much traffic! i just checked with my firewall, i closed everything else and just left bitsler open. for a couple of minutes and the total amount received was barely 80 KB

also you can click on the gear icon in the chat box and deselect the options like show tips and rains to make the chat messages less crowded.
3392  Bitcoin / Bitcoin Discussion / Re: IT happened: ETH miners mine ~5.2m$ daily while BTC miners 3.6M$ on: May 22, 2017, 06:46:47 AM
I was wondering when it will happen - that was fast. If you make your maths BTC is less profitable to mine than ETH today.
ETH inflation rate ~14%, while BTC inflation is 4%.
Formula is: (Marketcap*inflation)/365
And you will end with ETH 5.2m$ while BTC mine 3.6M$.
can you explain why you used this math to calculate how much miners are earning? because it seems completely irrelevant to how much they are earning!

this is how much miners are earning each day based on average blocks that are mined and the fixed block reward:
BTC (last 24 hours) : 1,838 BTC ($3,929,521.3 USD)
ETH (last 24 hours) : 27,200 ETH ($4,245,054.28 USD)

so obviously when your total block reward is 14.8 times more than bitcoin you earn more reward in total. and that total is only 0.08 times more!

so yeah ethereum miners are making 0.08 times more profit than bitcoin miners Grin
That's equally dumb maths.

A coin being "more profitable" than another to mine is only about its difficulty relative to the price of hardware.

Naturally, every coin becomes equally profitable to mine unless the price is shooting up too fast for the difficulty to basically keep up, which it is with ETH.  Whatever miners mine in total is irrelevant, and it's very hard to compare Bitcoin and Ether mining since one uses ASICs while the other uses GPUs.  It's hard to tell what people are paying for hardware relative to what they're actually earning.

well there are a lot of factors to consider if we want to begin comparing how much miners are really making as profit while mining each coin. of course it is not just the total. the numbers that i shared are true while ignoring all the costs associated with mining (eg equipment, electricity, labor).

otherwise you first have to let ethereum hasrate grow as big as bitcoin's 3.377 Ehash/s and then let the difficulty also grow to equal bitcoin then let some mining farms shape up and then compare them.
right now the difficulty comparison is ridiculous: https://bitinfocharts.com/comparison/difficulty-btc-eth.html#6m it can't even be seen on the chart since it is too small!

and also not to mention all the sell pressure that the block reward of ethereum will cause in the long term. it is 14.8 times more pressure! and miners always dump their reward if you want to calculate it it USD. and currently the only reason why that massive sell pressure is not felt is because the coin is being pumped and there are a lot of ICOs running on it which is causing a fake demand. you can't participate in these ICOs with anything else other than buying ETH tokens!
3393  Alternate cryptocurrencies / Altcoin Discussion / Re: Help! Just sent LTC to ETH address. on: May 22, 2017, 06:31:18 AM
how did you even succeed in doing that! Shocked
it is literary impossible to do so because a litecoin address is starting with the letter L
for example: LWdfXUxLBV9nCJ6yk5Ed2pBNhiV7kTaTQJ
and there is a checksum in the address that any wallet uses to verify if the address is valid before letting the user to send anything.

at the same time ethereum addresses are called accounts and start with the hex mark 0x
for example: 0xde0B295669a9FD93d5F28D9Ec85E40f4cb697BAe and don't have checksum so if you put that in the withdrawal address of a litecoin wallet it will reject it.

so unless i am missing something since i am not completely familiar with ETH that is coinbase's fault for not validating the address before allowing you to withdraw.
3394  Bitcoin / Bitcoin Discussion / Re: IT happened: ETH miners mine ~5.2m$ daily while BTC miners 3.6M$ on: May 22, 2017, 06:21:33 AM
I was wondering when it will happen - that was fast. If you make your maths BTC is less profitable to mine than ETH today.
ETH inflation rate ~14%, while BTC inflation is 4%.
Formula is: (Marketcap*inflation)/365
And you will end with ETH 5.2m$ while BTC mine 3.6M$.
can you explain why you used this math to calculate how much miners are earning? because it seems completely irrelevant to how much they are earning!

this is how much miners are earning each day based on average blocks that are mined and the fixed block reward:
BTC (last 24 hours) : 1,838 BTC ($3,929,521.3 USD)
ETH (last 24 hours) : 27,200 ETH ($4,245,054.28 USD)

so obviously when your total block reward is 14.8 times more than bitcoin you earn more reward in total. and that total is only 0.08 times more!

so yeah ethereum miners are making 0.08 times more profit than bitcoin miners Grin
3395  Bitcoin / Bitcoin Discussion / Re: high fees, bitcoin or ethereum! on: May 22, 2017, 06:09:46 AM
whenever i say none of the existing altcoins can replace bitcoin ever, i am talking about these things!

people always love comparing altcoins with bitcoin and say ... is better than bitcoin because it can do such and such thing. and when you start arguing with them you can finally realize that they have never even used that ... in first place!

all these altcoins will show their real faces and problems associated with their protocol as soon as they become big. let some of these altcoins start getting some small traction and then lets see how they can handle a large number of transaction, heck lets see how they can handle years of being under different kinds of attack from media attack to spam attack on the network and on the nodes, miners etc!

but apparently everyone is only interested in how much profit they can gain so they keep saying ... is better.
3396  Bitcoin / Bitcoin Discussion / Re: I think we are greedy on: May 21, 2017, 05:43:39 AM
well from a quick look at you, i can see you are using Coinbase as your bitcoin wallet, specially when you are receiving payments as small as 0.0003BTC so i think you aren't really the one that should be talking about fees and if we are greedy or not Smiley

start spending some coins from your Electrum wallet which you keep offline and then after a dozen transactions where you bought some stuff from internet come back here and lets talk more about fees Smiley
3397  Alternate cryptocurrencies / Speculation (Altcoins) / Re: LTC to 0.028 BTC $50 Final squeeze 6000 BTC Bull run on: May 21, 2017, 05:30:26 AM
So, LTC is for the long game, not the short one we love to play?

all the altcoins are for the short term game not the long. you just have to learn when to get in and when to get out.
for now it seems like litecoin is not ready for any rise and it is mostly going down versus bitocin while keeping the USD value somewhat the same.
you can keep watching it and when you saw the signs of rise then jump on board and meanwhile jump on other altcoins that are getting pumped and get off their train fast.
3398  Alternate cryptocurrencies / Altcoin Discussion / Re: Will the Lightning Network make Litecoin more widely used? on: May 21, 2017, 05:19:32 AM
lightning network, no i doubt it because litecoin transactions were already fast enough, it really doesn't need a kind of an offchain solution to make it any faster.
SegWit however was a good addition for many reasons, not only it fixed the malleability issue but also it opens up way for some more development, LN is just one of them. and besides it mostly can open up way for bitcoin's SegWit so that is a win.

and don't confuse the price rise with more usage, the rise will come and it will go to the moon but not because it is used more.
3399  Economy / Speculation / Re: Bitcoin is not anywhere close to a BUBBLE - Altcoins are in a BUBBLE! on: May 21, 2017, 05:12:27 AM
Very well observed. I wonder how the order books looked back then and now. Any support or resistance difference? How about volume?

everything points towards an altcoin pump.
back then the orderbooks were nearly empty with occasional buy walls being placed at strategic prices to prevent hard crashes of the altcoin prices while the pumpers kept on accumulating.
after they were done accumulating shitcoins then the spamvertising campaign started and the pump followed. the orderbooks changed and volume went up (as it always does during pumps).

if you look at the charts they look ridiculous. the volume before the pumping month starts is practically nonexistent.
3400  Alternate cryptocurrencies / Altcoin Discussion / Re: Did the guy ever sell his house to go all in on LTC? on: May 20, 2017, 07:38:50 AM
I also seen the writing on the wall and knew EXACTLY when to sell and get the fuck out ASAP.

this is actually the key thing to know in altcoin trading and not that many people do it right.
people usually buy into the pump and then i see two things happening with that coin
- it is either a small altcoin with small pumpers which means it drops faster than they can say what the f... and lost their money in a blinking of an eye
- or it is a big altcoin, and whales unload slowly on them and since they want profit they keep holding the bags and watch price slowly go down and meanwhile keep their fingers crossed so maybe price goes back up and they can sell at their dream price with profit. surely they lose a lot of money too.

It's funny because i am really not too smart at all and had no trade / investment experience before this stuff
nah you are just trying to be modest Smiley
but actually i like the things you write here, well most of them anyways. keep it up.
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