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361  Bitcoin / Bitcoin Discussion / Re: BTC38 hot wallet got hacked and lost 1.5 million on: December 22, 2016, 11:34:56 AM
Every price spike comes with an exchange hack. This has become so obvious now.
362  Bitcoin / Bitcoin Discussion / Re: Greg Maxwell aka /u/nullc is banned from Reddit on: December 12, 2016, 02:45:43 PM
Quote
Xio is insisting that the ban was due to /u/nullc's 'doxing' of Cypherdoc (aka Marc Lowe).

Then Xio is being untruthful. (also-- what Doxing? I removed any mention of his name once I found out it even might be against Reddit policy, even though I wasn't linking it to any other account!)


Did you finally get unbanned?

Greg Maxwell aka /u/nullc is now unbanned on Reddit.
363  Economy / Gambling / Re: Primedice | Most Popular & Trusted | Huge Community | Free BTC on: December 09, 2016, 11:24:04 PM
Is there any way to know the amount of bitcoin wagered on PrimeDice in last X hour (e.g. 24 hour), where the minimum size of bet was Y BTC (e.g. 0.0005 BTC)?
364  Bitcoin / Bitcoin Discussion / Re: Isn't it time for a new service in place of Coinbase/Circle in another country? on: December 08, 2016, 11:23:04 PM
maybe a Coinbase like service located in Switzerland would be nice in my opinion.
Then they wont be able to serve US customers.
365  Local / Новички / Помимо BitcoinTalk, который Bitcoin форум вы используете бl on: December 08, 2016, 11:18:38 PM
Apart from BitcoinTalk, which bitcoin forum do you use the most in Russia?



Помимо BitcoinTalk, каким биткоин-форумом в России вы пользуетесь чаще всего?
366  Local / 中文 (Chinese) / 除了BitcoinTalk,哪个比特币论坛你最常使用中国? on: December 08, 2016, 11:13:14 PM
Apart from BitcoinTalk, which bitcoin forum do you use the most in China?
367  Bitcoin / Bitcoin Discussion / Re: Greg Maxwell aka /u/nullc is banned from Reddit on: December 06, 2016, 08:30:55 PM
Since you don't want to be pedantic, you could call the notice an "alert". But that "alert" is something that is generated by the node itself warning that it thinks that it is obsolete. It is not an actual alert sent over the network.

An actual alert is actually a network message. There was an alert that was sent out warning that the alert system was deprecated. That alert also contained the "version is obsolete" message because the alert would override the notice generated by the node. Since it is known that the only nodes that would receive that alert are also ones that are already displaying the "version is obsolete" message, this was safe to do.

but core have been selling the "backward compatible".. now they are selling the need to upgrade..
they should have sold the need to upgrade from day one.

There is no need to upgrade for those against SegWit. That is why it is soft fork, i.e. "backward compatible". For 2mb Hard Fork, upgradation is mandatory, or else u'll be left behind.
368  Economy / Gambling discussion / Re: Which gambling sites have 0% house edge? on: December 06, 2016, 08:25:16 PM
Looks like what u have said has no fundamental difference with what I said. Not sure why did u say You're close, but not quite right either?

Because you said that a X% house edge means the house has X% more chance of winning than the player. However, that's not quite true in the generic case.


Let's say I want to 10x my money on PrimeDice. I have a 9.9% chance of winning, and the house has a 90.1%. That corresponds to a 1% house edge, even though the house has a +80.2% more win chance.

So it's better to think of house edge as "how much expected profit will the casino make" divided by the size of the player bet.
Yep. U r right. We can not make a statement like X% house edge means the house has X% more chance of winning than the player. I stand corrected. The statement should be...

A 0% house edge game is just 1% more likely to go bankrupt than a 1% house edge game.

Actually, we can also say that the longer we play, the more 1% of house edge is approaching to 1% of probability/chance of winning. That's why casinos always must win in long run - it is the guarantee of house edge and of course casinos limits - pure mathematic Smiley
Yes. But, the approach towards 0% or 1%, whatever the house edge be, it may be from 9% or 10%. That means, it is possible, that in the short run, house was winning more and it decreased in the long run. The exact opposite is also possible as well.
369  Bitcoin / Development & Technical Discussion / Re: Post your SegWit questions here - open discussion - big week for Bitcoin! on: December 05, 2016, 11:58:21 PM
So, they starts with 3, but have only 1 private key?
Yes
Great. A normal Tx takes more space if its input uses a multisig UTXO. So, this is not the case for a SegWit address. Right?
370  Bitcoin / Development & Technical Discussion / Re: Post your SegWit questions here - open discussion - big week for Bitcoin! on: December 05, 2016, 11:50:28 PM
Are all SegWit addresses necessarily multisig?
If by multisig you mean "starts with a 3", then yes. They are not multisig addresses but rather p2sh addresses.
So, they starts with 3, but have only 1 private key?
371  Bitcoin / Development & Technical Discussion / Re: Post your SegWit questions here - open discussion - big week for Bitcoin! on: December 05, 2016, 11:09:25 PM
Are all SegWit addresses necessarily multisig?
372  Bitcoin / Bitcoin Discussion / Greg Maxwell aka /u/nullc is banned from Reddit on: December 05, 2016, 12:17:23 PM
https://www.reddit.com/user/nullc

Would like to gmaxwell's statement regarding this incident...
373  Bitcoin / Mining / Re: Segwit Affect on Mining? - Sorry if this has been asked before but... on: December 03, 2016, 12:32:18 AM
Eric - That is interesting.  Where can I track that conversation?  Thanks!

Can't find the original, but it was widely discussed:

https://www.reddit.com/r/bitcoin_uncensored/comments/42l6fi/anyone_know_why_they_are_considering_changing_the/

If I am not wrong, Luke suggested it in response to the 2mb HF. He said, if we are hard forking for block size, then at the same time, we should also change the mining algorithm to beat mining centralization due to ASIC. He probably never suggested it to cut-off miners against Segwit.

In fact, Luke recently said Miners SHOULD NOT signal segwit if the community is not in widespread agreement that it is a good idea.
374  Economy / Gambling / Re: "transaction not found" on: November 30, 2016, 10:01:09 PM

Your Tx is still there in certain mempool...

https://live.blockcypher.com/btc/tx/178551660c821dc7f79e06480b848951ecdd441bcdbb0fd515dad4534d04baf8/

I tried to re-broadcast your HEX...

Code:
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

But, the input Tx is unconfirmed as well.

Your Tx size is 335 byte. At current network load, it would require 0.00025667 BTC to confirm your Tx. But, only 0.0002 BTC is paid along with unconfirmed Tx in input. You can see your Tx along with other unconfirmed Tx from 39RUH3w83iz7JqZD3gB33HBMv3jMSn6moL here...

https://live.blockcypher.com/btc/address/39RUH3w83iz7JqZD3gB33HBMv3jMSn6moL/
375  Economy / Gambling discussion / Re: Which gambling sites have 0% house edge? on: November 29, 2016, 05:45:19 PM
Looks like what u have said has no fundamental difference with what I said. Not sure why did u say You're close, but not quite right either?

Because you said that a X% house edge means the house has X% more chance of winning than the player. However, that's not quite true in the generic case.


Let's say I want to 10x my money on PrimeDice. I have a 9.9% chance of winning, and the house has a 90.1%. That corresponds to a 1% house edge, even though the house has a +80.2% more win chance.

So it's better to think of house edge as "how much expected profit will the casino make" divided by the size of the player bet.
Yep. U r right. We can not make a statement like X% house edge means the house has X% more chance of winning than the player. I stand corrected. The statement should be...

A 0% house edge game is just 1% more likely to go bankrupt than a 1% house edge game.
376  Economy / Speculation / Re: Bitcoin price increase attributed to rising Chinese demand for cryptocurrency on: November 29, 2016, 12:12:14 AM
Thought you guys might be interested in this TV interview about bitcoin's recent price increase:

https://www.youtube.com/watch?v=V3z-VXbk9_o
I like to see Bobby talking. Absolutely no nonsense factual talks...
377  Bitcoin / Bitcoin Discussion / Now you can have anonymous throwaway virtual VISA cards instantly with Bitcoin on: November 29, 2016, 12:10:34 AM
Chrome Extension: https://chrome.google.com/webstore/detail/shakepay-instant/dkoefoobodlhijhcepmifgjogefbkafj

Demo: https://www.youtube.com/watch?v=ToCqKGGCEBM

Official Announcement: http://blog.shakepay.co/2016/shakepay-instant/
378  Economy / Gambling discussion / Re: Which gambling sites have 0% house edge? on: November 27, 2016, 11:43:38 AM
Absolutely Wrong

@MinerHQ You are confusing House Edge with fees/commission. When we say PrimeDice has 1% house edge or SafeDice has 0.5% house edge, it does NOT mean that they deduct 1% or 0.5% on bet amount. It means that the house has 1% or 0.5% more chance to win over the gambler. For 0% house edge, both have 50-50 chance to win in the long run. But, as has been discussed many times before in this thread, gamblers lose out their winning because of greed. Even 1% house edge site may go bankrupt if all gamblers stop playing as soon as they win over the house. But, this does not happen in reality. Hence, 0% house edge is very much practical and the gambling community gotta live with this reality.

You're close, but not quite right either. The house edge is casinos expected profit relative to the size of the wager. i.e. A house edge of 1% simply means the casino would expect to make 1 BTC for every 100 BTC wagered. Obviously there is variance and what not, so the house's actual profits tend to be surprisingly far away from their expected profits.  
Looks like what u have said has no fundamental difference with what I said. Not sure why did u say You're close, but not quite right either?
379  Economy / Gambling / Re: FreeBitco.in - Win free Bitcoins every hour! on: November 27, 2016, 11:41:46 AM
Yeah, its a cool site, i have been visiting this site hour to hour to get some free bitcoin and its really amazing. The game though is really pissing me off because my earnings in free rolls are being eaten by the game. Kind of addictibg game though it is really good.

Oh man, I'm sorry you are losing coins on their HI-LO game which is infamous for that it is impossible to win there. The thing is, apart from that it is impossible to make money with gambling in general, that they have a huge House Edge, which is 5%. Just use the site for their faucet plus for the chance to win $200 when claining the faucet, but never play their HI-LO game. Unfortunately I have learned this by my first-hand experience.
Some people will still try 5% house edge games with free money, but wont take the pain of transferring the money out and try 0% house edge provably fair games. Wink
380  Economy / Gambling discussion / Re: Which gambling sites have 0% house edge? on: November 24, 2016, 05:07:26 PM
What is house edge exactly?

Advantage over the play that casino has.
You can read more with detailed explanation at https://en.wikipedia.org/wiki/Casino_game

In simple words, gambling house will take a small cut from each bet that is mentioned it like 1% or 0.5% of the bet amount. Every time you bet gambling house will get that much profit for them to maintain a site and for other expenses. So logically 0% house edge difficult to maintain in the longer run.

Absolutely Wrong

@MinerHQ You are confusing House Edge with fees/commission. When we say PrimeDice has 1% house edge or SafeDice has 0.5% house edge, it does NOT mean that they deduct 1% or 0.5% on bet amount. It means that the house has 1% or 0.5% more chance to win over the gambler. For 0% house edge, both have 50-50 chance to win in the long run. But, as has been discussed many times before in this thread, gamblers lose out their winning because of greed. Even 1% house edge site may go bankrupt if all gamblers stop playing as soon as they win over the house. But, this does not happen in reality. Hence, 0% house edge is very much practical and the gambling community gotta live with this reality.
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