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4261  Economy / Gambling / Re: Profitable Poker Bot ready for use ! on: January 08, 2020, 08:10:14 AM
I would also stay away from any bots which are promising profits such as the above. Like a few posts up, you need to becareful because in the past people made Youtube videos about these bots which are guaranteed to always make a profit on dice, and in the video it looks too good to be true, people download the bot, and when they use it, it automatically withdraws their entire balance.

Even if the bot doesn't steal your balance, I am pretty sure it won't always work, eventually it will make you go bust. This is what happened with many Forex bots that I tried in the past. They would work temporarily and you would make great profit and then boom, account drained.

Its strange how it only works on one site and also in my opinion the price $250 is very cheap if it actually works. Basically what the other guy said before. If its guaranteed to work, sell your house, get a credit card, get a line of credit, borrow from your friends, etc. Why sell a secret way to generate income by sitting at home doing nothing.

Surprised people still fall for these scams.



Quote
If its guaranteed to work, sell your house, get a credit card, get a line of credit, borrow from your friends, etc.

Or Op could get a month loan and prove to us the bot works. He/she should be able repay the loan easily with a pretty good profit if the bot truely works . I doubt he can afford to take such risk.
4262  Bitcoin / Bitcoin Discussion / Re: How would you define Blockchain Technology in a single phrase? on: January 07, 2020, 04:09:19 PM
I think the true definition should be based on what early Bitcoin Blockchain was like or the principles behind Bitcoin Blockchain. This is one of the ways to understand what the creator of Bitcoin Blockchain wants. Bitcoin whitepaper and satoshi forum/online posts will give you some ideas of what he want a Blockchain to be like.

He clearly doesn't want centralized "Blockchain".  He clearly wants something that can stand without central powers. He clearly wants transparency and to escape a repeat of 2008 financial crisis.
4263  Economy / Economics / Re: Stable coins massive development and USA dollar on: January 07, 2020, 01:34:34 PM
Crypto and stablecoin can actually exist side by side. Nothing is 100% reliable or too big to fail though. I'd rather diversify my funds than put everything in one basket.  
If fiat currencies collapse, true stablecoins will likely collapse too. So we'll move to reliable and stable alternatives. What could that be? Gold, natural resources, foods,? I'd go for things that are stable, healthy, legal, useful at anytime and difficult to control or monopolized. If markets are flooded with our preferred asset to affect its stability, I guess we could switch to something else or constantly modify it to make it more unique.
4264  Alternate cryptocurrencies / Altcoin Discussion / Re: The reason why you need to store your money in your hands! on: January 07, 2020, 12:18:12 PM
It is reported that exchanges began to freeze accounts for having been on the accounts of a "dirty" Bitcoin. Moreover, we are talking about Binance and about the Bitcoin, which was there 5 months ago. Sad Thus, exchanges can freeze any amount of funds in order to cover cash gaps simply by tinkering with their user's transaction history. If suddenly a user once bought from someone a “dirty” BTC on OTC, send it on the exchange and then conducted operations with other BTC there for a long time, then at one moment he can get a ban and the exchange can don't give him money as much time Exchange wants.  Embarrassed I think it can affect everyone. so I share this info with you guys because I recommend you hold your money ONLY in your own wallets! so be careful and Happy New Year!

The fungibility of your coins is really what is at stake if you choose to hold your coins in any third party wallet or exchange.

Especially when you could have absolutely nothing to do with what the previousr owner did with their coins, but you are the one that gets flagged and your coins seized due to the fact that your coins may be not mixed properly or simply due to an exchange's suspicion.

You don't want that to happen to you, despite how remote the possibilities sound. Just store your own coins in a wallet which you hold private keys to. It's as simple as that.
People far from technical knowledge who find it difficult to deal with the BTC Blockchain would not agree with you. It's not easy for them.
And why a person who came to this market to invest in BTC should lose his coins just because the previous owner of them was, for example, a drug dealer  Huh

This wouldn't matter much if a cryptocurrency is fungible.
Afterall, tainted physical fiat currencies are in circulation & probably in the hands of most people who handle cash.  If you take away this feature of physical currencies, most people's funds will probably be frozen.
I guess freezing shouldn't happen once a tainted coin has changed hand several times. If holding such coins makes anyone feel guilty, mixing may help.



4265  Bitcoin / Bitcoin Discussion / Re: Thoughts about Bitcoin adoption on: January 07, 2020, 10:23:17 AM
Stores accepting unconfirmed transactions is an interesting idea. I think some Crypto casinos do this, but in a secured manner.

One of the best ways this could be handled is by creating a Bitcoin payment processor that depends on trust/collateral to allow users shop with unconfirmed transactions. A user could just pay into the company's Bitcoin Address and the company automatically pays a store in its fiat equivalent. If a transaction is reverted after many hours or days, the company will automatically deduct from user escrowed fund.

I think this could also work on decentralized platforms/wallets if users or buyers are willing to lock some funds on smart contract with their preferred stores
.


— Another alternative is to pay (via a safe wallet that has inbuilt-in escrow) by transferring private keys to the store(is that even safe?).   Before a transfer is made, an equivalent amount is automatically escrowed, then transfer is made. The receiver (store) may automatically move the coin to its own address once fund is received. Most of this tasks should happen automatically on a single (well trusted) wallet/platform without the seller and buyer even realizing it.

— Or you could even automatically escrow twice the amount you want to spend in a store, a day or an hour before buying from the store. Once you pay from the escrow/smart contract, you get your goods/services, and the remainder of the escrowed amount is sent back to you when the transaction is confirmed.

And how about secure transfer of private keys from a buyer to seller/store, without the sender or anyone else (except the receiver) knowing the keys? A precised amount is sent via a special wallet, the store receives the keys, it's automatically verified and sent to a new address. Is this even safe? I guess with strong encryption?
4266  Economy / Gambling discussion / Re: Sports betting strategy. on: January 07, 2020, 09:51:15 AM
Result looks tempting... but how do we know it is real or not? There should be a way to verify it on the gambling site. I guess this is one of the quickest ways to convince a potential consumer, if you wish to sell this. Picture doesn't really prove much.
4267  Economy / Gambling discussion / Re: Crypto Gambling on Mobile Devices on: January 07, 2020, 09:26:28 AM
I only used one mobile app for gambling before because they have free money for a new user of their app.
And I enjoy their games it was fun but now I couldn't see their app or their site to play.


That's probably faucet games mixed with advertisements, right?  I played few of them back then and enjoyed them a little bit. Guess I stopped playing them because they drained battery too quickly and slow phone down.

I prefer that kind of gambling though especially the  skill-based ones. With that, you'll be aiming for 3 (or more) things: to learn some skills, pick few coins, win the prize, etc
4268  Economy / Gambling / Re: Zorgo.Games - New PvP Gambling Platform on: January 07, 2020, 09:09:59 AM
Site looks very attractive.
Crypto-based gamblings are doing really well from what I have seen so far. I guess non-crypto based gamblings offer similar or even way better stuff.. . i do not know them that much though, like I know the crypto-based gamblings.
 Hope this works out well for the owner.
 Bookmarked.

Thanks a lot! Drop in and give it a try with a couple of our PvP games Smiley Good luck to you!

You are welcome.
Is it available on mobile applications, android especially? And is there any way to test a game before paying? I guess this will make things easier for players.
Hope to play in the future!



4269  Bitcoin / Bitcoin Discussion / Re: Thoughts about Bitcoin adoption on: January 07, 2020, 08:47:42 AM
Stores accepting unconfirmed transactions is an interesting idea. I think some Crypto casinos do this, but in a secured manner.

One of the best ways this could be handled is by creating a Bitcoin payment processor that depends on trust/collateral to allow users shop with unconfirmed transactions. A user could just pay into the company's Bitcoin Address and the company automatically pays a store in its fiat equivalent. If a transaction is reverted after many hours or days, the company will automatically deduct from user escrowed fund.

I think this could also work on decentralized platforms/wallets if users or buyers are willing to lock some funds on smart contract with their preferred stores
.


— Another alternative is to pay (via a safe wallet that has inbuilt-in escrow) by transferring private keys to the store(is that even safe?).   Before a transfer is made, an equivalent amount is automatically escrowed, then transfer is made. The receiver (store) may automatically move the coin to its own address once fund is received. Most of this tasks should happen automatically on a single (well trusted) wallet/platform without the seller and buyer even realizing it.

— Or you could even automatically escrow twice the amount you want to spend in a store, a day or an hour before buying from the store. Once you pay from the escrow/smart contract, you get your goods/services, and the remainder of the escrowed amount is sent back to you when the transaction is confirmed.
4270  Economy / Economics / Re: Grandma tell you to keep old coin in piggy bank on: January 05, 2020, 04:52:40 PM
Very deep.(I do not support the sh*tc tag though.)

I think grandmas and grandpas would understand Bitcoin better and probably be better Bitcoin investors than many of us.

Handing them our monies will only make manipulating things easier.
 Durable,  scarce, divisible, useful, attractive things always increase in price in the future.
4271  Alternate cryptocurrencies / Altcoin Discussion / Re: I just Got 2000 Coins For Free with Staking on: January 05, 2020, 02:26:25 PM
I guess you should tell forum members what  the name of the coin is, how much it's worth, the site of the coin. This will help people in answering your questions and determining the price of the 2000 coins. Hope the coin website isn't trying to scam you.
4272  Alternate cryptocurrencies / Altcoin Discussion / Re: Central Bank of Venezuela running node for Bolivar Altcoin on: January 05, 2020, 01:55:45 PM
Does the government have another coin aside  petro? Guess I missed news about the coin in the past.
The coin seems not to be doing well https://coinmarketcap.com/currencies/bolivarcoin/

Could be first government takeover of a public Blockchain to enable politicians do "their thing" in complete secrecy Or the central bank just want to run a node?
4273  Economy / Gambling / Re: Cryptoskill - Realtime multiplayer Rock Paper Scissors on: January 05, 2020, 12:27:55 PM
Rock Paper Scissors sounds like a game I watched kids play on youtube with their hands.  Who is this targeted at by the way? Adult or kids? Will adults even like it? In my opinion, it could attract lots of kids and get them addicted... A bad idea if this's targeted at them. I guess you'll have to demand for personal identity for aqe qualifications before allowing anyone to play.
4274  Bitcoin / Bitcoin Discussion / Re: Survey: if you have $50k fiat ,will you invest in btc or put it in bank? on: January 05, 2020, 11:54:56 AM
I believe the interest comes from Bank and not earned by holding a fiat currency like you would gain for holding Bitcoin. 

The best way to compare is, lending Bitcoin long-term to a business & getting paid interest vs lending to bank long-term and getting paid interest.  I honestly would choose lending Bitcoin long-term because of its deflationary benefit compare to fiat inflation.
4275  Economy / Speculation / Re: Ponzi scheme and Bitcoin on: January 05, 2020, 10:43:50 AM
Would the collapse of a Ponzi scheme effect the price of Bitcoin?
Though a hypothesis that the collapse of the Chinese Plustoken, a classic Ponzi scheme similar to bitconnect or countless others affected the price of Bitcoin, this seem to be accceptible although it's unlikely to be the major factor but distribution of stolen funds correlate very well with market downturns.

Depends on the general market demand for Bitcoin.. and it also depends on whether they dump the whole thing (supply). Seems like they'd find it a little hard to dump since most centralized exchanges place kyc limits on withdrawal of large funds. Normal hackers will likely avoid them.
4276  Economy / Trading Discussion / Re: How to read trading charts? on: January 05, 2020, 10:08:45 AM
Have a nice day!  I know that most of here are all traders if you don't mind can i ask a little questions here because i am curious about trading. How did you do that? How do you read charts because i am still exploring and i don't know how read a charts anybody can help me with this? What is the best way to learn reading charts in an easiest way.

I think a couple of good youtube videos on chart reading and technical analysis would help. You  probably should search this on youtube: "how to read crypto trading charts" or "tutorials on crypto chat reading" . And you could also watch few videos on technical analysis while you learn how to read chart.
I'd also recommend practicing on a crypto demo trading site while you learn how to trade from the videos.
4277  Economy / Gambling discussion / Re: Real reasons to Why do you gamble? on: January 05, 2020, 09:42:58 AM
I come to gambling for time pass but now it is my daily part of activity and become one of the income sources now and I know the my limitations in gambling because if we not set the our limitation in gambling it will be going to impact our financial situation.

Meaning you profit from gambling & gamble regularly (part of your daily activities)?  I wonder what kind of game that is. I guess it's a skill-based games, as I haven't really seen anyone on this forum so far earning from luck-based gamblings
4278  Alternate cryptocurrencies / Altcoin Discussion / Re: High price but no volume on: January 05, 2020, 08:46:20 AM
This shouldn't be a problem if you are holding a coin with good use case or a viable project with good potential to grow. If you are holding to dump, then this could be problem. Besides, I don't think it's a good idea to invest long term in new projects that aren't viable. In my opinion, you need the opinion of honest and experienced members before investing in Crypto projects.
4279  Economy / Gambling discussion / Re: Crypto Gambling on Mobile Devices on: January 05, 2020, 07:53:04 AM
Nope that not my cup of tea beacuse at times due to small display size and my fingers are also little big so it can happen that I want to press something but something else only gets pressed and thus you end up losing the money . So I don’t prefer on phones .

Interesting. So you basically don't use mobile phones to avoid clicking things by mistake and losing money?  I guess some mobile gambling apps are well designed to prevent you from making such mistakes. I prefer mobile phone for mobility sake
4280  Alternate cryptocurrencies / Altcoin Discussion / Re: Best way to protect your crypto against a natural disaster? on: January 03, 2020, 08:09:56 PM
 How about creating small numbers/alphabets  out of tiny ductile wires that are heat resistant? You could create & bind them together with another wire according to your private keys combination. . You could even replicate this and give your love ones each just incase one/few get lost. Everyone could wear them on his/her body or hide them somewhere safe. These is one of the cheapest ways I can think of.

Another thing people should consider is massive EMP attack that could wipe out much of the existing computer data held by the masses.  I guess people should be researching more on how to protect themselves from such attacks.
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