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3501  Economy / Gambling discussion / Re: knas randomizer good for gambling?? on: June 16, 2016, 06:46:46 PM
I don't recommend using a program like that, because you can easily cheat the players.  You should try doing what dice sites do, and have a server seed and a client seed, with the client seed being chosen by the participants. (Ex: Everyone picks 4 numbers, and they are joined together. Try reading the info on Primedice's probably fair system, as it is basically my suggestion.

I agree with you, It sounds like it can be easily manipulated.
3502  Economy / Gambling discussion / Re: CSGO PREDICTIONS on: June 16, 2016, 06:38:18 PM
I personally do not gamble on csgo games but i know theres quite a few here who do. Im sure your tips would be read but until you show a proven winning record not many will follow

Well it isn't like he is trying to lose money. Remember if he makes money so do we. If he loses so do we. He seems to know what hes doing alot more then I do anyway.  Grin
3503  Other / Archival / Re: Who won the biggest amount in Satoshimines ? on: June 16, 2016, 06:35:59 PM
I once started with 0.01 and went all out on the 5 mines till 0.025 then i went to the 1 mine one and  got to 0.03 and then i cashed out.
3504  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: June 16, 2016, 06:34:36 PM
Mostly for fun, sometimes for profit for some extra money if I can make a few "safe" bets. I bet the same amount then double then back to even again then begin again and after the next win i stop.
3505  Economy / Gambling discussion / Re: Everyone looses in the long run on: June 16, 2016, 06:32:57 PM
Yes mostly, here are my stats

For me.

Total earned : 0.73 btc
Total lost : 0.70 btc

So i'm ahead by 0.03 btc
3506  Economy / Gambling discussion / Re: How much can you earn with gambling? on: June 16, 2016, 06:27:13 PM
Prey to the God of luck, strike a deal with the devil or marry lady luck ?

Other then that not really anything you can do about it, lucky or not. That's it.
3507  Economy / Gambling / Re: BitBet.us is live and accepting bets again on: June 16, 2016, 06:23:15 PM
Nice site, are you planning on adding some extra features ?
3508  Economy / Gambling discussion / Re: When gambling makes you cry. on: June 16, 2016, 06:02:23 PM
Losing 21 rolls in a roll. That sucks. That really sucks, actually pissed me off never mind get sad. Your lose kinda sucks more then mine wow dude...
It's easy to judge you or even look back at what you should have done but thats only after the facts.
3509  Economy / Gambling discussion / Re: High bet amounts or low bet amounts? What is your style? on: June 16, 2016, 05:40:59 PM
I like to play with loads of tiny amounts, i martingale but stop and restart if it gets too high because that is a difficult decision to make. But I ry not to keep martingale over and over too high, it can make me lose but not as much and often i can catch up with small bets.
3510  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: June 16, 2016, 05:33:53 PM
 Huh
Rich. Lol not rather the opposite. Lose to much then play even more so lose even more. The great circle that is vicious as it is large.
3511  Economy / Gambling / Re: i win 1btc today!!! on: June 16, 2016, 05:21:26 PM
Where are pictures and how did you do it ? Did you start with alot ? Come we want to see ! Save a screenshot or something.
3512  Economy / Speculation / Re: 1 BTC now equals $630!!! on: June 12, 2016, 06:06:23 AM
Yes everyone is surprised to see that bitcoin is reached to $630, but the speculation in my mind was that it will reach to $656 in this week , so I am waiting a little more and want to see $656, and I am sure that within a few hours it will reach to $656

I originally thought the bitcoin could be below $600 this month, and it will jump to $600 around 10 July. I was wrong.
3513  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin or Ethereum ? on: May 30, 2016, 09:36:42 AM
Etheruem is backed by the biggest exchangers. I think they are preparing something; an e-currency controlled by them Smiley

Can a currency be based on the Ethereum? I thought it is just a fuel for smart contract or DAO.
3514  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin is officially dead on: May 19, 2016, 01:41:36 PM
Seems to me like Litecoin is not dead at all but the OP's account darkota is officially dead. Litecoin lives on!

Litecoin isn't even playing until it recovers to 0.03. They have a good road map this year too. Would be nice to see 0.05 we need to wait. I see dash are creating development tax of 15%? just think if LTC had even 5% development tax you would see way more development and a lot more than 5% price increase. I don't know why anyone holding LTC would be against it.

According to me, LTC could recovers to 0.03 much more as a consequence of BTC increase in value than its development (at least in the short term, I see both variation are extremely correlated since a few weeks, which was not the case for the past month and btc steady rise vs ltc steady way down).

That 0.03 price is not sustainable. It might be reached during a big pump, but it will not last very long.
3515  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin is officially dead on: May 03, 2016, 08:49:26 PM
LTC doesnt have much life in it anymore, i predict its death within next 2 months . Sell now before it is too late people..

The litecoin price has risen over 40% over the last few weeks. So I am pretty sure it will not die in next 2 months.
3516  Other / Off-topic / Re: Worst mistake you did with Bitcoin? on: April 14, 2016, 06:33:02 PM
I am not sure it was a mistake or not. I used quite a few bitcoin in 2013 to pay my mobile phone bills.
3517  Other / Off-topic / Re: Worst mistake you did with Bitcoin? on: March 31, 2016, 04:19:08 PM
In 2013, when the bitcoin price was $70, I used several bitcoin to pay my phone bills. Those were very expensive phone calls.
3518  Bitcoin / Bitcoin Discussion / Re: Competing with Visa in ability to handle X transactions per second... on: March 07, 2016, 01:22:18 PM
Well, the article has some false information. It says that the network is currently able to process 7 TPS, and would be able to process 27 TPS with a 4 MB block size limit. This is false. Realistically we are looking at a TPS of around 3 right now, so with a 4 MB block size limit we would look at ~12 TPS. I'm actually wondering how people aren't aware of this and don't understand that Bitcoin can never come close to Visa (if we focus on scaling via the block size limit).

Quote
Let's say that 700 million people use Bitcoin (that's ~10% of the World population), and that they all make only 1 transaction per day. Transaction size is averaging half a kilobyte today (source Bitcoin Wiki).
700 million transactions * 0.5 = 350 million Kilobyte = ~350 GB/ 144 (blocks per day) = ~2.4 Gigabyte per block. This is only if they make a single transaction per day (which is unlikely, as the average would be much higher with adoption on this scale).

Even with the 7 TPS for 1MB block, there is not much improvement for the 2MB block. For the speed to be really high, we need centralised processor.
3519  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin is officially dead on: February 24, 2016, 10:03:21 AM
Not dead because:

  • Capable of four times as many transactions as Bitcoin in a ten minute period. Frankly if payment processors had adopted Litecoin in the past year current Bitcoin block discussions would be irrelevant (and likely the price of both coins higher). Anyone who has watched these discussions understands the immediate advantage of a network with larger transactional capability.  
  • Faster confirmation times. The only people who don't think this is important have never spent a single coin or they have patience that the average person does not possess.
  • The faster block time of litecoin reduces the risk of double spending attacks.
  • Anti-spam.
  • Fast well established network. Current Hashrate is 1,643 GH/s. Since scrypt is memory intensive it is known to be approximately 1000 times slower hardware wise in comparison to SHA256. Fair comparison to the Bitcoin network requires multiplying that hashrate by 1000 (1,643 TH/s). The fact is for most of Litecoins history the hashrate has been relatively high and secure. Those comparing it to the Bitcoin network without considering this 1k factor are either being disingenuous or just ignorant of the facts.
  • Continuous development look here at number of releases in past year: https://github.com/litecoin-project/litecoin/releases
  • Upcoming new features currently being developed look here for whats happening in 2016:
    https://www.reddit.com/r/litecoin/comments/3z2ta1/ama_official_litecoin_developers_and_litecoin/
  • Longevity. Many coins have temporarily eclipsed litecoin as they were marketed for the purpose of increasing the fiat accounts of a small group and emptying the accounts of new users. Unfortunately this has been detrimental to crypto-space in general.
  • Great community.
  • Fully supported by GoCoin a growing payment processor used by thousands of merchants https://www.gocoin.com/
  • Liquidity. You can sell thousands and not crash the market. Maintains value.


I agree with all the above except for the fast block time. Too  fast block time means more orphan blocks.
3520  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin is officially dead on: February 11, 2016, 08:33:05 AM
LTC has wide adoption. Do not think it is dead.

China is a major holder of LTC and it can do anything from LTC Wink

China is not some magical land full of rich idiots with a strong desire to baghold shitcoins.  Where this idea comes from I do not know but it is a meme that needs to die.

But all the negativity surrounding LTC at this stage doesn't affect the price and continue to stabilize.

Most litecoins are hold by very small group of people. They can decide the price of litecoin easily.
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