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4641  Economy / Gambling discussion / Re: Ever regretted not gambling? on: August 19, 2017, 01:33:41 AM
The question is quite simple one, have you ever regretted not gambling on an occasion? Like football matches etc, where you had a gut feeling of a team wining but you didn't bet? This happened with me in the recent el classico, i had a gut feeling of Real Madrid winning 3-1 but i just didn't bet. Smdh

Yes, definitely. Mostly sports betting. I usually like to take a punt or two on the NBA, and in a lot of occasions i backed out of my bet in the last second, and obviously the team that i was rooting for at first went and won the game almost every single time.

Just remember that this is one of the most obvious reasons why gambling is addictive.

In the past you may have had experiences that made you think gambling would have won you something, so next time you are tempted to actually go ahead and place the bet. Just remember that any form of gambling is in favour of the house, otherwise they wouldn't accept bets.
4642  Bitcoin / Bitcoin Discussion / Re: Bitcoin Market Cap has now exceeded that of Paypal on: August 19, 2017, 12:21:30 AM
Bitcoin has being doing marvelously well this days,  the Cryptocurrency broke into an all time high of $4000 for the very first time.

And  just after a tweet by udi went viral on twitter, bitcoin market cap has now also exceeded paypal`s market cap with bitcoin current market cap at  $70,983,116,965 as seen on coinmarketcap.

Continue Reading => https://zycrypto.com/bitcoin-finally-slaps-paypal/

Well this is exactly what happens with a disruptive technology that is backed by all of the community.

And if you held your bitcoin cash after fork you would actually be looking at a market cap of close to 100 billion dollars combined. Though of course, bitcoin cash should be considered an altcoin in my opinion and i know that most people have dumped their BCC.

The thing with paypal is that there is nothing special. It could get shut down by government any time, your account can get suspended, chargebacks are frequent. All this is avoided by using bitcoin, and more people are realizing that using paypal online = suicide.
4643  Economy / Securities / Re: High risk/reward bitcoin investment platforms on: August 19, 2017, 12:13:36 AM
I can share my experience with liberoptions.com

Can someone share experience with a derbit.com  ?

Both of them are good.
The deribit.com is relatively new and it is for a long term investments
The liberoptions.com is for short tem leveraged trading. You can mage 80% profit in few minutes.

For Deribit you need to be experienced even may be professional trader. You need some funds to do something serious.

At Liberoptions.com you can start even with pennys to get a taste and then gradually move to a serious investment.


Neither of them are Investment sites or have any kind of investment option. They are binary/Forex trading sites like so many others...
For sure you can make 80% or more profit on them in a few minutes but you can also loose the same percentage in less than a few minutes.
That's for sure, is not an investment.


What is investment in your opinion then ? (Putting your money to a bank? Holding bitcoins and expecting that they will grow infinitely? )

Actually, yes. My primary strategy is to hold at least 30% of my entire wealth in bitcoin, because this is what i believe in.

If you are looking for ways to earn interest on your existing bitcoin, look into some of the securities offered here. For instance, a good one would be to invest in bitcoin casinos and fund their bankroll, in order to get a share of the profits.

obviously, profits aren't going to come guaranteed. I would say if you use kelly on your bankroll investments you could well see 50%+ returns per annum, with medium risk since it is almost impossible for anyone to even win just 10% of the bankroll at one time.
4644  Economy / Gambling / Re: Another dice site - Dice That Makes You Poor (not really) on: August 16, 2017, 10:24:32 AM

Ah okay. Then it's all good. This is generated by 999dice, not you, right? Is there any way for us to change the client seed though?

Also i just realised that this is actually a pretty smart business strategy. You're earning from a 0.4% house edge increase plus the fact that you are referring everyone who uses the site. Very, very smart indeed. Could potentially have worked better though if you marketed as a legit idea instead of "dice that makes you poor", lol.

BTW i'm curious how are you able to let users select the range for their bets when 999dice only allows you to select high or low?

999 dice has a 0.1% edge?
That's why there's
https://bitcointalk.org/index.php?topic=948965

I'm sorry to be busting OPs profit, but why would anyone gamble here?
There's a 0.5% edge with a questionably fair system
You can just go to 999dice and get a 0.4% lower edge

Reverse psychologist?  Grin
Well you are good when you are bored then maybe you could make it better when you got bored again.  Grin
It seems like you are beta testing your gambling site and somehow it worked. You will just need to add some more to make it more inviting to users.
You said you want to earn money. Then you could if you will just make it a neat and decent one.

My main point is not making money, but earning money would be good anyways

What is your main point?

Well, OP *claims* that he is fetching the provably fair data from 999dice automatically. I can't verify this claim since he has not put up any sort of provably fair verifier on his site or at least yet. I wouldn't gamble on this site with anything other than spare change.

He probably wasn't making any profit anyways, i doubt anyone even gave the site a shot apart from me.

I guess he just wanted to have some fun building a site and whatnot. If he wanted to make real profit then he wouldn't have marketed his site in such a bad way.

Still OP, please display all provably fair info/and preferably move away from 999dice since they are quite shady, as iluvbitcoins said.
4645  Economy / Exchanges / Re: My account is disabled at bittrex on: August 16, 2017, 09:34:09 AM
I wonder why

They said amount more than $1k account is disabled. They want me to send passport and stuff. This is my second account. My first account I didn't have to go through this. I created 2 accounts because I want to separate money for different partnerships.

I gave them phone.

They are not replying. 3 bitcoin stuck there.

Ticket number #160766

You do have to go through the verification process, in order to withdraw and deposit again.

Otherwise, you could try to contact support via their slack channel here: http://slack.bittrex.com/. I've heard that a few people got their limitations lifted without any sort of verification when they ranted about it on the slack channel. Have no idea about the legitimacy of these claims though, but it's worth a try in my opinion since it's free to do anyways.

I'm pretty sure that accounts on bittrex registered before a certain date have higher limits than accounts registered after a certain date. However, their support docs are quite unclear. I've used my bittrex account for a year now, and i have stored way above the limit without having my account disabled. See here: https://support.bittrex.com/hc/en-us/articles/231701788-Withdraw-Limits-and-Troubleshooting
4646  Economy / Gambling / Re: Another dice site - Dice That Makes You Poor (not really) on: August 16, 2017, 09:23:43 AM
You only have 1 bitcoin dude. Cheesy How will you pay wins that exceed that amount?

999dice API

Well i tried out your site and it did exactly what it was promised to do - it made me $3 poorer Sad Lost 5 times in a row on close to 50%.

Good job on the signed message, a lot of people seem to think that everyone is going to trust them without a signed message but this is not the case. A signed message is the ultimate proof that you have what it takes to back up your speech.

You said that this site uses 999dice as a backend - how so?

Because if it does use 999dice as a backend then there are some problems. 999dice is accused of rigging rolls through not revealing a part of the info needed to verify a provably fair roll. Plus, i don't see any provably fair server seed anywhere, therefore i cannot verify that rolls are legit. Please fix this please or at least make it more obvious if i missesd it somehow.

999dice API
Actually it's being returned in JSON response, I forgot to display it


Ah okay. Then it's all good. This is generated by 999dice, not you, right? Is there any way for us to change the client seed though?

Also i just realised that this is actually a pretty smart business strategy. You're earning from a 0.4% house edge increase plus the fact that you are referring everyone who uses the site. Very, very smart indeed. Could potentially have worked better though if you marketed as a legit idea instead of "dice that makes you poor", lol.

BTW i'm curious how are you able to let users select the range for their bets when 999dice only allows you to select high or low?
4647  Economy / Service Discussion / Re: Trady.io - has anyone registered or invested here? on: August 16, 2017, 08:22:14 AM
Stumbled on this website earlier today: https://trady.io/ Apparently, they offer:

Quote
"A Unique Investment Service, Powered by Data.

Giving you a precise understanding of portfolio risk.

Keeping your risk stable, in all market conditions.

Limiting your exposure to high-risk periods that deliver poor returns."

The claim, basically, is that one earns interest every hour on the BTC they invest. I was unable to find info elsewhere - hence thought of asking here on the forum. Has anyone heard of them?

This is a scam, most likely of the ponzi variety.

Anything that offers guaranteed daily earnings of more than 0.1% without risk is likely to be a scam. Any investment site that offers you several plans that increase in interest rate as you invest more, whilst providing no proof that they are actually doing something with your coins, is a scam.

If you want to avoid losses, avoid the site altogether. Do not use it.

Don't even register. They could sell your email or even use your password to try hack into other accounts of yours. Nothing a ponzi scammer won't be willing to do to earn money.
4648  Economy / Speculation / Re: Bitcoin in a mood of correction? on: August 16, 2017, 07:28:39 AM
The price has indeed declined quite a lot from the ATH of $4500 per coin, and i have been expecting this to happen quite frankly.

As i said, there is simply denying that this was in a bubble because it has simply risen too much in too short of a period. There are definitely going to be a correction, probably much bigger than the current one coming maybe a week after Segwit actually gets acitvated.

However the price could well go up again after that major correction. Nothing is certain when market seems to be going absolute nuts.

Just do whatever you feel comfortable doing. But i think that bearish market might set in its full effect by next year.
4649  Bitcoin / Bitcoin Discussion / Re: Alt killer (drop Bitcoin to satoshi) on: August 16, 2017, 07:13:42 AM
There seems to be this odd psychology at work where folks think there are 'cheap' tokens and expensive tokens. It would be amazing if they just started reporting a new kid on the block, the Satoshi, you can buy one for .00004 cents and some day they might be worth 10 cents or a dollar who knows.

You could see the history of the satoshi and while it was once very cheap and has appreciated more than anything else, it's still insanely cheap! You can buy millions for next to nothing! I have this strange suspicion that if coinmarketcap did this and a lot of the exchanges folks, folks would start buying like mad. As soon as I introduce someone to bitcoin their first thought is, "yes but it's so expensive can I just buy a cheaper alt?"

Clearly bitcoin doesn't have to change, just the reporting of it's total numbers and the value. That's it.

This is honestly not a bad idea. It's just like the mBTC proposal except on steroids Grin

The reason why a lot of altcoins are being pumped heavily right now is solely due to the fact that people FEEL like that the price is still low, even though the supply may be way higher than they think. It's weird because it seems to be common sense to everyone that going from 5 cents to $5 is way easier than going from $5000 to $500000, even though it's the same percentage increase.

I think that this is probably not going to happen, because it'll require a hard fork to essentially inflate bitcoin's monetary supply and dilute the worth of each bitcoin. It's best to just get wallet services to use satoshi as an option. They currently offer bits and mbtc, but surprisngly not satoshi.
4650  Economy / Scam Accusations / Re: Scammed for 20$ from Skelder on: August 16, 2017, 07:01:02 AM
Do not buy gift cards from him he just scammed for 20$

Why did you even purchase from him? His trust is completely in the red, and his thread is self-moderated. Also he is using obvious newbie alt accounts to vouch for him, on purchases that never have happened.

Another similar scam accusation: https://bitcointalk.org/index.php?topic=2069818.0

I'm sorry for your loss, but man. Please make this a valuable lesson for you to take. At least it wasn't $100 or even more.

Even if he was legit, he would have sold you cracked/hacked accounts that will most probably get you tracked down by police. So do take care around this forum, scammers are common.
4651  Economy / Speculation / Re: how much is the potential value of bitcoin by the year 2021? on: August 16, 2017, 06:49:49 AM
Is it posible that bitcoin will reach $100,000/bitcoin in 2021? thinking there are 7 billion people worldwide and the cap for BTC is 21 MILLION.

I don't think it's likely.

If fiat suddenly became worthless over the next 4 years then yeah, $100k would be definitely possible. But meaningless at the same time because there would be no point of measuring bitcoin's value in fiat anymore. It's simply not "real" value.

But most likely fiat isn't going to become worthless just in 4 years, or at least the main fiat currencies. Even with the crazy rises that we've experienced this year we're only up 10x. To have a 20x rise would be completely out of this world. There's just no way that it's going to happen.

During a hype period everybody is throwing around big numbers.

The fact is that bitcoin has a great potential, but to utilize it it doesn't have to go to those insane numbers. We all want it though ofcourse.

I'm thinking a bear market will start again after hitting 10k or so. dropping as low as 2-3k again.

Completely agreed. Bearish market conditions = people panicking and saying that bitcoin has no future.  Bullish = people saying bitcoin is going to go to 1 million soon. The truth is usually found in between.
4652  Economy / Service Discussion / Re: Buy Bitcoin through neteller on: August 16, 2017, 06:38:28 AM
Hi, I'm new to this forum, I would like to know how to buy Bitcoin through neteller, since I'm from India so I can't use any uk exchanges which allows me to buy. There is few sellers in local Bitcoin but the lowest rate is around 5000 when Bitcoin is 4100. Do they negotiate or any other options? Plz help if possible

I find that you'll usually be able to sell skrill for much better rates compared to Neteller. You might want to deposit into skrill first using your neteller funds and then exchange your bitcoins. Usually you'll get around 75-80% for your skrill.

If you have large amounts, why not just withdraw the sum into yoru bank account and then buy bitcoin with bank transfer or a cash deposit? You'll usually avoid lots of fees that way and the rates are way better.

Otherwise if you want to do a p2p trade, you just have to cope with the fees. Compared the deals between paxful and localbitcoins, sometimes one platform is less expensive than the others. I've also heard that coincorner accepts neteller but i'm not sure whether their rates are competitive or not.
4653  Economy / Gambling / Re: Stake.com | The Greatest Bitcoin Gambling Experience Ever! | 12 Exclusive Games on: August 16, 2017, 05:55:19 AM
Do you guys have plan to add more games? i would like to see a slots game, i think it would be a nice addition on stake. anyone else like to see stake's slots game or it's just me who want slots game. Roll Eyes

Slots game would be great addition if it has a good feature like free spins, free games round and jackpot. Of course there must be not only you who want slots game, I believe many people loves slots game especially slots game with high RTP.

Honestly that would make this site too much of a copy from Bitdice. Slot games aren't usually enjoyed by me anyways.

The new site looks great, though. If i were stunna i would definitely keep some focus on primedice, however. Because it's still got a big community over there and as great as Stake looks, it's probably still going to be PD that people recognize as a brand.

I can see that there are already a lot of active players on stake.com.

Good luck to Aengus and Stunna, hopefully this is a project that pays off in the end.
As far as i know bitdice uses 3rd party slots games, stake's slots will be different, their own. if you don't play/like slots game doesn't mean others don't like/play slots, i like playing slots game.  Smiley

Third party slots aren't provably fair, otherwise we'd already have them. We'll build our own but it will take time to do it properly.

Ah, i see.

My main concern was exactly that. When a casino uses third party software it usually ends up having at least one or two issues, if not more. There are oftentimes debate going on about how the paytable should be interpreted(think betcoin.ag scam).

but since this will be developed by Stake itself and is provably fair then i have nothing against it.

Again, good luck stunna, wish you all the best.
4654  Economy / Speculation / Re: Bitcoin is going slowly to 40,000$ and more on: August 14, 2017, 10:32:54 AM
time to invest in bitcoin or ethereum before its too expensive
i believe with a small steps bitcoin will be 40,000$ it can take 1-2 years.

$40,000 isn't going to be happening in 1-2 years. Let's be realistic here.

As much as i believe in bitcoin in the long term, and how it's going to rise and rise and rise, this is just not possible or should i say very probable at all. $10,000 has a very slim chance of happening, i'll give you that, but $40k is just not gunna happen.

Though if you gave bitcoin a bit more time, it'll prove itself. $40k is small in the long term. In fact in the long term we don't even need to measure bitcoin in terms of fiat. 1 bitcoin is worth exactly 1 bitcoin because fiat is intrinsically valueless.

If you wanted an estimate from me for when btc will hit $40k approximately, i would say around 2030.
4655  Economy / Lending / Re: Need 0.145BTC for 2 weeks, collateral in LTC and OPT, interest 10% on: August 14, 2017, 10:16:31 AM
Unfortunately i wouldn't be able to take the ICO tokens because there is no guarantee that the ICO will succeed.
Thanks for your interest.
This is not to argue with your judgement, just for my better understanding:
the crowdsale of Opus Foundation ends in 1 week. What would need to happen in order for tokens drop >50% in value?
Their ICO has no target (they sell as much as they sell and burn the remainder) and also they are on Ethereum so they deliver
tokens automatically after transferring Ether. They also have beta version demo of their software.
I heard that some tokens lost value after trading started but that was due to delays in delivering tokens.
So if you think my tokens can fall below 0.3ETH once trading begins, what would be the reason for that?

Nothing. I just don't know anything about the crowd sale, nor am i interested in holding the tokens as collateral(i think i'm free to choose what i can accept as valid collateral and what i am not comfortable with, right).

The fact that there are no guarantees of an open market or exchange on which i can sell my coins if the need arises is the main issue for me. A valid collateral should be something that i am guaranteed to be able to liquidate quickly if the value drops or the loan is defaulted on.

Anyways, as you've sent over PM, would you be willing to go with the LTC as only collateral? I'm fine with waiting a week or so.
4656  Economy / Gambling / Re: Stake.com | The Greatest Bitcoin Gambling Experience Ever! 12 Exclusive Games on: August 14, 2017, 10:03:24 AM
Do you guys have plan to add more games? i would like to see a slots game, i think it would be a nice addition on stake. anyone else like to see stake's slots game or it's just me who want slots game. Roll Eyes

Slots game would be great addition if it has a good feature like free spins, free games round and jackpot. Of course there must be not only you who want slots game, I believe many people loves slots game especially slots game with high RTP.

Honestly that would make this site too much of a copy from Bitdice. Slot games aren't usually enjoyed by me anyways.

The new site looks great, though. If i were stunna i would definitely keep some focus on primedice, however. Because it's still got a big community over there and as great as Stake looks, it's probably still going to be PD that people recognize as a brand.

I can see that there are already a lot of active players on stake.com.

Good luck to Aengus and Stunna, hopefully this is a project that pays off in the end.
4657  Economy / Speculation / Re: The biggest bitcoin crash ever has begun. on: August 14, 2017, 09:55:08 AM
After the biggest pump in the history of Bitcoin we are now witnessing the biggest crash crypto has ever seen.
This will be epic and popcorn worthy.

Even though i don't usually agree with the FUD that you spread about this forum i do think that we could see bitcoin price adjust in a major way within a few weeks. This pump has gone too fast and is not sustainable, at all.

I wouldn't say it's the biggest dump, though. Because back in 2013 the price basically dropped by more than half, and i remember i was okay with that. Even if it drops by 60% it's still going to be somewhere around $1600 per coin, and i bought in way before that.

70% would be $1200, again, i expect most people to still be in profit even if they only bought in bitcoin this January.

Cash out whatever you can't afford to lose, though. this is probably a bubble brewing up.
4658  Bitcoin / Bitcoin Discussion / Re: Bitcoin on Uber on: August 14, 2017, 09:44:37 AM
Meanwhile, bitcoin just got integrated with Uber for tipping drivers. Isn't that a good news?

https://twitter.com/Melt_Dem/status/895466611477544960
Meanwhile, bitcoin just got integrated with Uber for tipping drivers. Isn't that a good news?

https://twitter.com/Melt_Dem/status/895466611477544960

It's great news, that you are able to tip someone for their work with bitcoin.

But tipping is tipping, and is only a part of the etiquette of certain countries. Plus, Uber isn't behind this. Some Uber driver who has some sort of experience in bitcoin came up with this idea, and is taking advantage of bitcoin's instant transactions to receive tips.

It would be nice if Uber supported bitcoin to pay fares. I'm sure that drivers will support this, since paypal is reversible and drivers can indeed be charged back if the customer decides to use a hacked PayPal account or just chargeback for no reason even if the service was of high quality.
4659  Economy / Speculation / Re: Is bitcoin price possble to reach $4500 soon? on: August 14, 2017, 09:30:25 AM
Bitcoin price is $3000+ in Chinese Market. When do you think it will reach $4500?

There seem to be a real resistance at the 4200 level.

But the floor seems to be at $4000 as well. It's all about the round numbers, because traders love psychological stuff.

I would expect bitcoin to go to $4500, as soon as it breaks $4300. It's pretty much a given, considering how fast the price went from $3700ish to $4100+, basically a 10+% rise in less than a single day of trading.

Whether BTC is going to stay above $4500 consistently is questionable. This seems like an overbought market right now.
4660  Economy / Speculation / Re: WHY BTC PRICE KEEPS INCREASING on: August 14, 2017, 09:14:25 AM
I think the August fork has an influence on the current price of btc. Before the fork, the price was somehow OK and now I can't even buy a considerable amount with my $10.
I guess people are dumping their BCC for BTC which should be the cause of the rise in price. I am planning to buy some bitcoins now but I'm thinking the price will go down a little when people start sell their BCC profits( l mean profit they've earned after dumping their BCC). What do you think, am I wrong or right?

It's not just people dumping BCC alone. Because BCC has actually been increasing alongside with the bitcoin price increase over the past few days(trend stopped today i think though since BCC hasn't gone up today).

I believe that it's a combination of people's optimism because they hear that Segwit is going to get activated very soon and they anticipate a pump, and therefore a lot of people are buying in; but also just pure speculation. People just buy in because they think that price is just going to keep going up(unlikely).

I would expect some adjustment soon, though. That would present a great opportunity to buy in.
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