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4221  Economy / Services / Re: [Open] AceDBets.io Signature Campaign | Full to Legendary | Weekly Payments on: October 08, 2020, 02:52:01 AM
Hello Irfan,

I am not enough experienced to suggest this still let me share what I feel when your second round still has lots of open slots...

1. 10 posts in gambling section may seem too much for people here as most campaigns asks up to 5 posts.

2. Your pay rates are decent but NOT enough for someone not to think about switching.

3. People may prefer long term campaigns. If you assure like this campaign will last for next 4 weeks or 10 weeks then people will show interest and persist.

4. When owners' fund is not enough to provide attractive pay rate, you may reduce required weekly posts to 20 or 15. This may help to get reputed and sustaining participants.

No offence. Just suggestions from what I do observe on different campaigns for years.

(In recent times, roycilik's Casineos Campaign started with low rates then they altered pay rates to remain attractive).

I think reducing the post count would be sufficient here. 25 posts per week is not a huge requirement but reducing it to 20 posts would be an ideal choice and this will also reduce spam in the forum.
Many campaigns these days just have  a requirement of 15 posts per week. So 20 posts in this campaign should be a decent requirement.

10 posts for gambling completely depends upto the manager. Since it is a gambling site, they would obvious require more attention on the gambling board.
So we can't really expect to have lesser posts in gambling.
4222  Economy / Reputation / Re: [Interviews] with Bitcointalk members on: October 07, 2020, 05:23:36 PM
pawanjain (Sr. Member)

Wish I could have found this thread earlier.



1. When and why did you become interested in cryptocurrencies?

Back in 2015, I was all crazy about earning money online. I was passionate about computers since childhood and used to find one way or another to get access to a computer and learn new things in it. Things were becoming more difficult as I grew up since I had to manage my own expenses. I had a few whatsapp groups which were tech related and I found one guy who was rather passionate to teach tech stuff to others. I told him how much I am in the need for money and how much I loved computers. He introduced me to bitcoin and bitcointalk and I was really fascinated. It took me a quite some time to understand things. I started learning more about bitcoin and started earning from faucets. I learn a lot over the years and found many other ways to get more bitcoins and altcoins and to be honest, crypto has changed my life and has made me an independent person and I am really proud of it. If it wasn't for this forum then I would have probably been through a tough life.

2. When and why did you buy your first bitcoin?

Though I didn't buy any bitcoin as I was financial unstable, I managed to earn some from the past few years. I never really acquired a whole bitcoin as I had to manage the expenses too but I did save a decent amount. Savings are required to make the future secure and saving in bitcoin would not only keep me attached to this forum but will also make me a part of this community and it's great to be a part of such an awesome thing.

3. How did you get on the forum?

Well I guess I answered it in the above questions. It was a friend whom I never met introduced me to this forum. I still thank that person for what he has taught me over the years.

4. How do you think mass advertising of gambling projects has a positive effect on the development of the forum or harms the community?

There are some haters for gambling and I know that. People hate gambling because they keep losing money in it. If only nobody lost in gambling then the whole world would have been gambling.
I don't think it's bad to gamble unless you know what you are doing. So advertising gambling is not a bad thing according to me. Besides that I would consider it as a medium for many people to make some money out of it. It gives an opportunity to so many people to make some money which in turn brings in more technical discussion in the forum. It brings the forum more traffic.

5. What do you think of the current Merit system and signature campaigns?  Do they harm the forum?

I have been on the forum since a long time and I have seen both pre-merit system and post-merit system. I consider it as a best method to overcome spam, shit posting and account farming.
Though I think there are only a selective boards where people throw their merits like rain, I have actually managed to earn some merits post-merit system. It has been a tough and a long journey but some day I will definitely rank up to be a Hero Member and feel like a real Hero.

6. The most useful forum topic? Most helpful users?

The first two threads any person joining the forum and the most useful ones are
Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ
Forum ranks/positions/badges (What do those shiny coins under my name mean?

Most useful users : Heisenberg_Hunter, Webtricks, Hhampuz, Efialtis . These guys are some really good people and I have interacted with all of them.
This forum has many more useful members who have contributed a lot to this forum Yahoo62278, LoyceV, suchmoon, Darkstar etc...

7. 3 things you would implement on the forum?

  • Liking a post - Just like how people like a post on Instagram
  • The most merited + like post would earn crypto - Just like how people earn steem to their posts from steemit
  • Live chat - Where people could communicate with each other

8. Do you trade on exchanges or invest in projects?

Depends from time to time. Most of the times I just hold but I do make some trades inbetween to take shorter profits. Also, I do invest in some projects which I think has good potential.

9. Tell a story about your big profit or big loss?

It was few years ago when I had joined a bounty program which distributed it's coins and those were at a good price back then. I sold some and bought BTC for it.
I holded some for future but after the ICO era it went down like anything. But still I sold the rest recently for a good price and bought some ETH.
All in all it was a good profit for me.

10. What do you think about the DEFI ecosystem?

To be honest, I have not paid more attention to it but I know the concept. Though it has a cause, I feel that this is something that will turn end soon.
Just like the ICO era many people will join in the hype. It's just that this will last longer.

11. Is your anonymity a vital necessity or precaution?

I like anonymity not because I do something wrong but because I feel it gives us more freedom. This is why I like to stay anonymous but even it's broken at some point I won't feel bad.
I can be anonymous again. The internet has taught us a lot of things.

12. The last cryptocurrency book you read?

I know I should have read "Mastering bitcoin" but I didn't. I have not read any crypto books. I did start "Mastering bitcoin" but since it was a PDF I didn't really open it again after a few pages.

13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?

Bitcoin - The king coin (No comments. We all know why this would be the obvious choice)
Ether - My favourite altcoin (I like Vitalik Buterin's personality and the concept behing Ethereum. It's the only potential altcoin which I think will make it big in the long run)
Monero - The privacy coin (Companies are behind monero and are rewarding hackers to break it's privacy. I wanna see where this thing goes)

14. How much will Bitcoin cost at the end of 2020?

It's almost the end of 2020 and bitcoin is still at $10600. So my guess would be it will reach $12000 by the end of 2020.


15. P.S. (Optional)


Time heals everything. Nothing is permanent.
4223  Bitcoin / Bitcoin Discussion / Re: you're making bitcoin complicated on: October 06, 2020, 05:10:56 PM
I don't think that's completely right since it all differs from one person to another. I usually don't say the things you mentioned but follow a different approach.
It's just a matter of perspective.


If a newbie asks what is a good wallet to use?
Bitcoin User will answer the hardware wallet which is not free. Yes it is safest but not a newbie-friendly

Instead of a web wallet that is free and easy to use. Every wallet has its own flaws in order to secure your bitcoin you have to learn how to use it and make it secure.
I generally advice for paper wallets since they are easy to use and are safer than web wallets and I was really fascinated when I used it for the first time.

Quote
If a newbie asks how to earn bitcoin?
Bitcoin user will say Signature campaign which is also not newbie friendly because you cant join the signature campaign now if you are a newbie.until they discover the altcoin campaign where they can join but will be disappointed sooner or later because of not getting paid and leave bitcoin and tell that it is a scam.

Instead, teach them one of the basic ways to earn bitcoin which is micro earning where they can earn small amount of bitcoin like faucets for them to test bitcoin
Earning money is tough. Earning bitcoin is tough as well. Faucets are great for newbies but it requires more time to collect bitcoin through faucets and be able to withdraw them so I don't recommend that. I generally advice the person to showcase their skill and tell them to receive the payment in bitcoin.

Quote
If a newbie asks what good thing about bitcoin? anonymity?
Bitcoin user wants to teach about one the good thing about bitcoin which is anonymity but for a newbie point of view, it will also make confusion because if im the newbie why do I need to become anonymous if im not planning to do bad things.

instead, teach them the basic about bitcoin which is a payment method where they can use online or they can do a person to person transaction

I say the person that the ability to control your money by yourself is most good thing about bitcoin. You don't have to ask the banks to approve your transaction.
You don't have to ask the banks to withdraw your own money. You can do transactions all by yourself (provided the transaction is btc to btc).
4224  Bitcoin / Bitcoin Discussion / Re: Mediocre/People. on: October 06, 2020, 04:40:12 PM
The issue is that many middleclass people don't even know what bitcoin is and the rest know what it is but are ignorant to do a research and find out what it actually is.
They are under the impression that bitcoin is illegal money used for scams and buying illegal things but that isn't the truth as we know it.
There are others who know what actually bitcoin is but don't use it since it is not legalized in their countries.
And then there are the rest of us who actually use bitcoin.

So there are actually many things that bitcoin passes through before it reaches the people who knows how potential it is.
But as years pass by, bitcoin's reach is spreading far to many people.
4225  Economy / Gambling discussion / Re: Gambling License on: October 06, 2020, 04:19:43 PM
One thing many pro and casual gamblers like us always look for is whether the online casino is licensed or not but do we care where it was registered?

I noticed many online fiat or crypto casinos are registered under the Government of Curacao and I've read they're shady regulators. They accept casinos that will host fake games or casinos that will accept players from supposedly restricted countries.

Questions:
1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation?
2. Is it enough that they offer provably fair games?
3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new?

.......

Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards?

It actually depends from person to person whether the license matters to them or not. Most of the times if the gambling is reputed enough then it's sufficient for the gambler to sign up and start gambling on that site. Gamblers generally don't look at the license but yeah they do look if the site has proper provably fair system implemented or not. Nowadays many sites already have verfiers present to check if they have provably fair correctly implemented or not.
4226  Economy / Gambling discussion / Re: Question: Is there any websites where I can gamble crypto under 18? on: October 06, 2020, 03:58:56 PM
Finding a site to gamble is not a tough job. With just a few clicks you will easily find out the sites where you can do a sign up and start gambling but what is important is that you are dealing with real money here. That is something you should NOT consider to do if you are under 18. You should NOT do it because this is a very young and tender age to do mistakes.
You would not want losing all your money in gambling because you will surely end up doing mistakes. So I would rather suggest you to join some practice sites where you can play the same games but with the game money and not the real money. This way you can actually learn how to play these games and when you become a pro then may be in future when you become adult enough then you can try gambling with real money. Still, we must know what we are doing and that gambling is always risky.
4227  Economy / Gambling discussion / Re: Why do people keep playing unlicensed, illegal slot machines? on: October 06, 2020, 03:49:18 PM
If the use of any illegal thing is increasing day by day then it only means that it is readily available and easily usable in the market.
The owners place these illegal slot machines because it is readily available, easy to tweak, lower installation cost and they know that the customers would surely use it.
The main reason behind it is that the gamblers would lose some money and go away but these small gambles would generate a bigger income for the owner.
4228  Economy / Services / Re: Roobet.com | Art Contest "Hand Drawn" - $1250 up for grabs! Ends October 5th on: October 05, 2020, 04:55:19 PM
Here's my attempt for contest. This is the first I am taking part in art contest. So yeah  Tongue

Mr.ROO's Dream comes true


The Rough Sketch




Half way there




Mr.Roo's Dream comes true




Roobet Username : buzz08


4229  Bitcoin / Bitcoin Discussion / Re: Quantum resistance on: October 05, 2020, 03:29:39 PM
The company Dwave is now shipping $15M quantum computers with 5000Qbits of processing power. For comparison, the rest of the vendors are at ~50qbits. I know that $15M is quite a lot of money, but in 2 year that figure will be half. As you probably know, quantum calculations can be multiple times faster than any computer we have today. What are the plans for Bitcoin to continue to exist?
A qauntum computer does not necessarily perform calculations for all the algorithms. I have read somewhere on the internet that it is not necessary that a quantum computer will be able to crack bitcoin's private key until it is able to break bitcoin's algorithm. We might have more time until this happens. Also, we do have the ability to create a quantum proof algorithm for bitcoin but that will take good amount of efforts, skills and time.
It has been a long debate whether all these possibilities can occur or not and to be honest only time can tell us whether the current bitcoin algorithm can penetrate quantum computers or not.
4230  Bitcoin / Bitcoin Discussion / Re: Yeees it's happening on: October 05, 2020, 03:21:43 PM
I'm still wondering how complex it is.
Looks fairly standard from the instructions on their website: https://rockitcoin.com/faq/how-to-buy-bitcoin-at-a-rockitcoin-atm

Interestingly, from the website, it seems you only need to provide a phone number and no other ID. However, the picture you have shared includes the words "Photo of your ID giving you trouble?" I can't find any information on the website regarding KYC or buying limits. Has anyone used one of these Rockitcoin ATMs? Can you buy anonymously?

If you try to buy online through their website, you get quoted a price which is almost 15% higher than the going rate, so I assume their ATMs charge a similar premium.
The screen does show a QR code to create a new wallet so may be the when wallet is created the phone number we provided is getting linked to it and whenever we buy/sell our bitcoins we only need to enter the phone number to get the transaction done through our wallet.

We had just one Kiosk installed in our country but officials took it down since the owner didn't have the permission to call it as an ATM.

No wonder the fees are high for doing a transaction via crypto ATM/Kiosk. I just consider it as an awareness method while it is better to buy/sell crypto online.
4231  Bitcoin / Bitcoin Discussion / Re: It is possible that bitcoin will use nowadays in cash less transaction? on: October 05, 2020, 03:14:13 PM
Nowadays government thinking is a cashless society to avoid corona virus spread out to the community or society. It is possible that the bitcoin will used in different transaction? Many country nowadays are imposing the system of cash less basis of any transaction. Specially, particular in buying commodities in the department store, petroleum product in gasoline station. even in transportation government impose a cash less payment. Since bitcoin is one of the most popular digital currency in the world, do you think government adopt bitcoin as form payment in cash less transaction in our society?
I wish what you said would be true but sadly it isn't because the many Governments are against bitcoin which is why they are not legalizing it in their countries.
The motive for Governments encouraging cashless transactions is different and I don't think they will approve bitcoin as a payment method any time soon.
Bitcoin is to track and it's volatility is currently high for payments and this is why many merchants don't prefer bitcoin as a payment method.
Governments will only encourage their fiat payment methods for digital transactions now but as transactions get digital in future we might have the chance to see bitcoin as a payment method.
4232  Economy / Service Discussion / Re: Do they use our computers for CPU mining? on: October 05, 2020, 03:06:26 PM
Ubuntu is more graphical in nature than other linux distros. So it will consume more GPU power and besides that you should have also mentioned your system config since that would have given us more info on your system performance. Low end CPUs generally get high temperature quicker. You can try using another browser to see if the results are the same.
If the problem persists then try reinstalling the OS. Make sure to backup your data if you reinstall the OS.
Also, you can use a tool called "Glances" which is available for Ubuntu to see a detailed analysis on CPU and GPU temperatures.
4233  Economy / Gambling discussion / Re: Gambling is Addictive...Pay Attention to your Gambling Habit!!! on: October 05, 2020, 02:56:30 PM
Your friend is in serious need of help and he should definitely undergo a treatment for it otherwise this addiction could cause him serious problems in real life.
I am not saying that your friend should consult a doctor but may be you can help him to control his gambling habit by doing mediation and learning how to self control.
You guys can go short trips where you guys should not use your phones or laptops until you are on the trip. This will give your friend a break and he might feel better.
Also, he should learn the skill how to manage money since he spends all his money on gambling.
In this situation, only you are the one who could step up for your friend and make him quit his gambling addiction.
4234  Economy / Trading Discussion / Re: Is it worthwhile to trade the cryptocurrency on IQ Option? on: October 04, 2020, 04:51:10 PM
It actually depends on many factors for example if you are a newbie then it would be better for you to try to practice normal trading first and then go for Options trading because that involves bigger risks than normal trading. Options trading is basically like gambling and you have to be lucky if you want to generate good profits else you will end up losing everything you have.
If you are a professional trader and are trying options trading for the first time then you can try doing it on reputed exchanges first and then may be other platforms to be on the safer side.
4235  Economy / Trading Discussion / Re: I have Good advice for investors on: October 04, 2020, 04:31:13 PM
If You start trading and you have no clue about techicals or no help from someone who knows
You will lose your money likely.

You will fall in fomo and fud no matter what the Good news and bullish market out look the techicals analysed correctly never lie to You!! 

If you Want to be successful trader you better learn hard as you can the techicals.
It might be true to some extent but technical analysis is not the only thing that drives the market forward.
Crypto trading depends on many factors and we must know all of it to predict the market's next move.
The fundamentals play an important role too and I have noticed many times that the trend is set based on the global news and events based on crypto.
Technicals does help us a little but one must focus on all the other aspects as well to gain more profits from their trades.
4236  Economy / Trading Discussion / Re: Florida man charged with scamming investors out of $6.8M in crypto trading schem on: October 04, 2020, 04:19:33 PM
I would rather say it is the investors fault because they transferred the money to his account without properly researching on him and trusting him so easily.
Yeah I know it must be tough to find it out since the guy used fake statements but we must know that anybody can use a photoshop to create fake images and statements.
This is why we should not trust anybody on the internet since it is filled with fake people.
4237  Economy / Gambling discussion / Re: Are you a high roller? on: October 04, 2020, 04:03:22 PM
Well not really. We need to have high capital to become a high roller and I invest only a certain amount for entertainment purpose.
Going limitless sometimes makes us choose wrong decisions and that's what I have learnt over these years.
I would prefer to win decent amount multiple times from smaller bets rather than huge amounts from huge bets few times.
In the end, only if we are lucky then we would get good profits.
4238  Economy / Gambling discussion / Re: everything can happen on bitvest on: October 04, 2020, 03:48:17 PM
OP just posting the screenshot and writing anything about it can lead to misinterpretations. Try to add few points mentioning why you have posted the image.

It's good to know that you have won such a big jackpot. It's almost 5000x times your bet amount and you must be really lucky to win such an amount. Congratulations.
Well it's not just about bitvest anyway. We have seen many people winning big in different casinos. You just have to be really lucky for it  Grin
4239  Local / India / Double Spending vs Rebroadcasting a transaction on: October 04, 2020, 02:31:27 PM
I was having a discussion on another thread when a forum user quoted my post and said that Double Spending and Rebroadcasting a transaction are two different things.

It's not cancelling a transaction it's basically rebroadcasting a transaction. It's like redoing your homework when you did it incorrectly the first time.
Double spend is a bit different from a typical rebroadcast. In double spend you're not rebroadcasting as a new transaction is created with a different output and a much higher fee.

Well I thought that they are one and the same but I did a little search and found little differences in them.

Double spending is when a person is making a transaction with a lower fees to person X and again doing a second transaction with a little higher fees to person Y so that the second transaction gets confirmed sooner and the first one is rejected by the miners and becomes invalid in the blockchain.

Rebroadcasting a transaction is when the person has done a transaction and it is not getting confirmed in the blockchain then he is rebroadcasting the same transaction to the blockchain so that it gets confirmed.

Could somebody confirm on this info and add some more points and may be some differences between them so that one could differentiate it easily.
4240  Economy / Trading Discussion / Re: Which type of trading you think is good? on: October 03, 2020, 04:46:23 PM
I'd say it depends on the markets. If there are no fundamental changes (good/bad news) in a week or so, TA would be reliable (to some point), assuming volume is not an issue. If that's not the case, I'd trade on news. If that's not the case either, I'd step away from the market and chill for a while.
That's pretty much it. That's the strategy I had in mind while reading OP but I generally hold for long term. I do miss out the short term benefits but I feel it's okay because I don't put in much time to trade.
If I would then this would be the strategy I would follow because crypto is a highly volatile market and is mostly based on the global news.
The market acts more on news and events and less on technical factors. Swing trading along with prediction based on news would yield better results in my opinion than doing normal technical analysis.
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