To all bounty hunters on here which one do you prefer?
1) Bounty managers should be the ones to hold the coins/tokens and share with bounty participants .
2) Bounty managers should submit spreadsheet back to the teams after bounty ends for distribution.
Wouldn't the first option be better? This way, if the bounty manager is someone trusted, there is high chance you guys won't get scammed. If the second option is taken, there might be a probability that the bounty managers may refuse to pay the bounty rewards and run away. Either way, if the project is a scam, there is no way the tokens will have any value and you will have just wasted your time. |
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The Facebook cryptocurrency coin Libra is now the talk in the cryptocurrency market, people says it will take over bitcoin soon.
But to me is that going to be possible, I took bitcoin years to reach were it is now and as the best coin in market and the first cryptocurrency its not that possible.
Lots of coin wit great ambitions have come knocking to take over from bitcoin but non could.
Will Libra be able to do so?
Centralized coin vs decentralized coin. Which one do you think is going to win? Which one do you think will give you more freedom? Which one do you think fulfills the main goal of crypto currencies? It obviously is the decentralized coin that is bitcoin. There is no way Libra will dominate the crypto currency market. Libra is just going to help give more exposure to bitcoin indirectly, which in turn will help adopt crypto currencies. |
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GlobalCoin is coming. What are your thoughts on this new Facebook-made altcoin? What have you heard about it?
Share your first impression!
Not very impressed with it. I wouldn't even call it an alt coin. They are just some centralized coin. I don't see much difference between Libra payment system and Paypal. The only main difference is that facebook will be using the blockchain technology. If I am not wrong, even the price will be 1:1 in terms of USD. Was never a huge fan of centralized coin. Though this might help people to better understand the blockchain technology. So yeah, we do have some good sides over here. |
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After 2 Years In Crypto Space I Realize That Most Hated Coin Is Ripple (Other Than BSV).
My Question Is Why? I Didn't See Anything Wrong With Them, They're Kinda Centralized And Was Created For The Bank And They Mention It Clearly.
Is It Because They Cooperating With bank(It Kinda Destroy The Purpose of Crypto)?
Is It because They're Centralized?
Is It Because Their Consensus Protocol Still Rely on trust?
What Is Your Opinion?
XRP is the coin that is hated most which was created by Ripple Labs. Most of the reasons you mention is right. First of all they are some what centralized coin. More than half of the coins are owned by Ripple themselves. So the Ripple owners has the potential to easily manipulate the price according to their own will. Again, they are operating with banks. Crypto currencies like bitcoin was made to remove third party financial institution like Banks. XRP does the exact opposite thing. And then there are people who hate XRP because most of the people hate it :p . |
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I wouldn't. I don't think this coin will succeed! What do you think?
Why wouldn't you? First of all you already use facebook. So that means they already know everything about you. The more you share contents on facebook, the more they learn about. You have your profile picture, your name and all those details attached to your facebook account. So, why would you be hesitating to fill the KYC form when in the first place you already provided them with all your personal details. And Libra is not at all like the crypto currencies we have. It is a centralized financial system like paypal that will be using the blockchain technology. |
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Tell me hoestly, have you ever think about beat the household?
I first, YES, i did think about it. But never work!!
If you are talking about the house, yes I have seen people beating the house and running away with the profit. I have also seen people beating the house but comes back to play and then gets rekt by the house. In the short run, yes it is totally possible to beat the house if you are lucky enough. But in the long run, you will eventually lose to the house. |
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This is a simple question, but one with a much deeper meaning. Have you ever considered the reason behind your gambling habit or in some cases addiction? Do you gamble for fun or do you gamble for potential profit? Do you gamble because you are bored or because you have some medical condition that prevents you from going out to experience other type of entertainment? Do you gamble, because you hope that a big jackpot will solve all your debt problems or that a big jackpot would fund your dreams? We should always consider why we do specific things in life and if those things are constructive or damaging in some way and then evaluate our actions to prevent harmful situations. Looking forward to your responses.  To be honest, you have already answered the question on your first point. People gamble to make profit. That is it. No matter what other bullshit the people say, their main goal when gambling is to make PROFIT. People who gamble for fun won't be using real money. There are lots of casino out there that provides virtual valueless money that you can play with for fun. They would have chosen that. |
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I have always thought the same, cause I don't really see how cryptocurrency is affecting banks, though I do think that it might affect how much they make from transactions as a lot of people might starting opting for Bitcoin for making transactions. But apart from that there is no other way I think that cryptocurrency is affecting banks. If it was affecting them they would have started against it all this while and that would have led to the government stopping cryptocurrency once and for all.
They do hate bitcoin and other crypto currencies. They feel threatened by their existence. Who said they aren't against it? Even VISA started to cut ties with companies that provided cards that can be recharged using crypto currencies. There are countries were the bank closes customers account if they find any transaction related to crypto currencies. I would say this is quite normal. We all know, bank will slowly be removed from existence if crypto currencies become mainstream. |
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Since other tech giants like facebook are now focusing on blockchain technology and crypto currencies, there is a high chance, Amazon will do the same. Just give it some time. In the mean time, others who wants to spend on Amazon using bitcoin indirectly, the best way would be buying Amazon gift cards using crypto currencies and then using those gift cards to purchase goods from amazon.
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I think Facebook already have our personal information, supplying our kyc documents is only to double check it with our Facebook profiles.
The coin will succeed since Facebook is a trusted platform.
The coins might succeed due to popularity of facebook. Nothing else. Libra is going to be a centralized currency. Why would we need another centralized currency system, when we already have paypal and other e-wallet currency? If we will have to provide our details and identification then what is the difference between this system and paypal? The main goal of crypto currency was to create a decentralized platform which will give us financial freedom. We won't be getting any of those features through facebook coin. |
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Lots of coins, so you are confused? The just go to coinmarketcap. Look for top coins with good volume. Now choose some of the coins from the top list. Do some intensive research on those coins. Look for coins that you think has potential. Pick up some coins from there and just invest on it. I would suggest you to invest most of your capital on bitcoin to be on the safe side. Looking for peoples suggestion will just give you biased answers.
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There are 195 countries in the world and you really think this two countries, India and China will cause the destruction of bitcoin? Well, lol!
No. Those countries banning bitcoin won't make bitcoin trash/junk. And users will still be able to sell them on other exchanges and withdraw their fiat currency. The bans might cause slight dipping of the price but will recover faster than expected.
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Yeah, whales do hold a large amount of bitcoin and they can somewhat cause price manipulation. But all whales do no successfully manipulate the price. Not all of them are willing to take the risk of manipulating the price and making profit. One wrong step and they might end up with a huge loss. And as time passes, we will see those coins being held by the whales being spread among different users naturally/eventually.
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The amount of users joining or are willing to join the bounty program is huge. But the rewards are limited. So the limited rewards are being spread among those huge number of users thus reducing the amount each of the users are joining. To be honest its not worth the time you will be spending for months. The price of the rewards will eventually fall more as the users will start to dump their rewards once the bounty program is over. Better spend your time in doing something more constructive.
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I'm working on a football (soccer) betting site, and I'd like to know if it is worth the effort to add the feature to allow no-registration bets. Has it ever been a deciding factor when you pick a site to bet on?
Yeah, most people like to bet anonymously. It is actually a deciding factor when someone wants to pick a site to bet on. Since it's going to be a soccer betting site, allowing users to bet without registering to the site will actually get you more players. People would love to bet instantly on those sites without any hassle. Just make sure they can track their progress through a unique ID generated for that specific bet. |
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High chances it is just some random dude from bitcointalk who is using "Theymos" as his username just for fun. I don't think theymos would use his actual username if he wanted to gamble on any crypto casino, you know, just to keep his identity safe. Or who knows, it might be the real theymos. Some nice bets he got there.
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If you can't pay with bitcoin directly, you can always do so indirectly. You can pay for your amazon good using bitcoin. Just buy an amazon gift card using bitcoin and then purchase your things from amazon using that gift card. You can try bitrefill.com. They have plenty of gift cards, starting from Netflix and Spotify to best buy and uber cards!
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As a gambler I do always lose money in betting but it does not regret me because I might be able to win sometimes and that enjoy me during my free time. I have already chosen a good platform that has suited my desire like having a greater chance on winning and does not have any problems when it comes to funds deposit and funds withdrawal.
Now, I have done something that I never did before and that is by donating money to charity. Whenever I win I am not going to give some percentage of money to the charity in the hopes that I can help those individuals who are in need. I have already seen the effect and that was very heart melting knowing that many are thanking for the donations.
So, I encourage everyone especially gamblers with huge profit to share or to donate those who are in need. Besides, I get the feeling that I am bless in betting if I will share profit.
What do you think guys? Do you think that the charity had made me fortunate to win in gambling?
If you want to donate, then just donate. Why do you have to gamble and make profit to give donations to a charity? This makes no sense at all. Isn't it better to just donate money each month from your salary instead of risking your money on a casinos? If you gamble on casino, not only will you be risking and have a chance of losing all your money, but also there is a chance you will not be donating if you lose your bet. |
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Is limited supply money such as Bitcoin better over the current forms of money?
For they can be printed out more (EURO, USD etc currency) and gold can be found all over the universe.
Gold can be found, but the metal is not unlimited in existence. The concept of "scarcity" can be used here. The more the scarce something is, the higher the value of that thing will be. Look at what happened to countries that started to print money. The value fell down and became totally worthless. But since, the amount of bitcoin is limited, as more people starts to adopt it, the value will eventually go higher. |
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The number of people that are joining airdrops and bounty programs is so high that the rewards that are now being distributed among these users are just worthless. They are receiving dusts. The value might seem high at the beginning, but if you fail to dump those coins at the right time, you will just get few cents and the price won't really actually rise. Again, some airdrops and bounty programs require you to send you identification. Not worth it totally. |
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