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4741  Economy / Service Discussion / Re: Has any one used http://www.gyft.com/ & https://www.egifter.com/ to buy? on: June 14, 2015, 05:33:30 PM

I've purchased over $100 in gift cards via Gyft without a problem. Never used the other service though. I would recommend Gyft.com though.

Gyft is more established but afaik, unlike egifter, they only aim at US customers and don't offer i.e. amazon UK gift cards which I was referring to.

Would be nice if Gyft expanded their offer to Europe.
4742  Economy / Gambling / Re: I am leaving guys. :( on: June 14, 2015, 05:28:28 PM
Sorry for your loss man a substantial amount. I've lost about the same and know how you feel. I'm bitcoin less and don't care anymore about this fad. Welcome aboard the ship of hopeless gamblers.

That happened in Feb. I'm sure OP got over it by now. I don't know why someone decided to dig up this thread

4743  Economy / Service Discussion / Re: Has any one used http://www.gyft.com/ & https://www.egifter.com/ to buy? on: June 14, 2015, 02:13:11 PM
I know this topic is few months old but thought I'll give a quick feedback re egifter.

Few minutes ago bought 10GBP amazon uk giftcard. All process, from registering account to applying gift card to my amazon account took ~2 minutes. They use coinbase as BTC payment processor and don't even require 1 confirmation.

All went very smooth, paid BTC0.0666 which is slightly below 10GBP as per coindesk rates. I'm very pleased with their service.
4744  Bitcoin / Press / [2015-06-13] TechCrunch: Sidechains And Lightning, The New New Bitcoin on: June 14, 2015, 11:49:57 AM

Sidechains And Lightning, The New New Bitcoin

http://techcrunch.com/2015/06/13/down-the-blockchain-rabbit-hole/

Quote
The great thing about Bitcoin, for a tech columnist like me, is that it’s simultaneously over-the-top cinematic and technically dense. Richard Branson recently hosted a “Blockchain Summit” at his private Caribbean island. There’s a Bitcoin Jet. At the same time, 2015 has seen the release of a whole slew of technically gnarly–and technically fascinating–proposals built atop the Bitcoin blockchain.

In case you’ve been living in a Faraday cage: a blockchain is a distributed peer-to-peer ledger system, (generally) safeguarded by cryptographic proof-of-work, initially devised by a mysterious entity called Satoshi Nakamoto … who released Bitcoin, the world’s first blockchain network/protocol/application/currency, in 2009.
...
4745  Economy / Gambling / Re: BitcoinPoker.gg - High Stakes. High Rewards - Secure Bitcoin Poker on: June 14, 2015, 11:13:59 AM

I somewhat agree but the freerolls have been running for months now and are starting to be abused instead of attracting new players.
I know. But freerolls won't attract players on their own. New players won't register to play the freerolls if they're not even aware that your site exist. It has to go in line with advertisement/other promo actions.

I do agree more GTD's i think will help. What type of GTD's would players be willing to join? Higher or lower than the current 25GTD's?
If there aren't many players around, even 10mBTC GTD could be attractive. You could mix it up, add few low ones, few medium ones and maybe one high one (like once a week on Sunday) and see what's popular and what's not.

Its really hard to "giveaway" free chips seeing how we have been doing that for sometime now with no much success.
What if you giveaway free chips that are not withdrawable until rake paid by player reaches X amount? That would guarantee that chips given away will be used for playing not for immediate withdrawals. But if you do so, be 100% clear on the rules to avoid disappointment.

We have thought about adding bonus chips for those that get a Royal Flush or Straight Flush in cash games, but not sure how much this would keep players interested.
That's a good idea, but works only if you have steady number of active players, it won't attract new ones on its own, so I'd probably leave this one for later.
4746  Economy / Gambling / Re: BitcoinPoker.gg - High Stakes. High Rewards - Secure Bitcoin Poker on: June 13, 2015, 10:46:17 PM

If anyone has any suggestions to get the site going, it would be much appreciated. At this time we do not feel like offering deposit bonuses will be a benefit. We have talked in the past about this and I feel it is not worth it.

Thanks everyone.

Removing freerolls wasn't a smart move imo. Yes, they do work in the long run as they guarantee some constant number of logins. They didn't work for you as you didn't do much to promote your site (yes, it's expensive but there's no way around it), therefore you only got freeroll abusers.

Without freerolls, it's going to be much harder to promote, anyone who enters the site and see only 1 or 2 logins would leave pretty quickly, no one will be staring at the monitor waiting for more players to show up.

As a new site you compete against large and established ones, they all have freerolls and you don't, so what advantage does your site offer?

Right now the only thing that could attract any players are 25mBTC GTDs, there are only 2 per day, that's not enough to keep the site going. You may consider adding more of them, even reduce it to 15mBTC.

But most of all, you need to promote. Advertise, start referral program, giveaway some free chips or free tournament tickets, reward most active players etc.
4747  Economy / Gambling / Re: FORTUNEJACK.COM | No.1 for Cryptocurrency Gambling | Provably Fair | 1 BTC BONUS on: June 12, 2015, 10:28:50 PM
someone kidding me?!!! my first 5 bets all over 93



It happens. This combination of numbers is just as likely as any other. But if you believe that you hit >93 way too often - just bet high Wink
4748  Economy / Gambling / Re: Bitcoin Dice Guide real life investment comparison: Peerbet now best investment! on: June 12, 2015, 09:54:54 PM

Oh remember when Ice Dice ripped me and all the investors of in an exit scam? At the time I emailed admin asking for the BTC1.007 investment back and they finally got back to me

Quote

David Lee <icedicedavid@gmx.com>
Hi, we cannot give you your money back unless you send us 1.007 BTC first.
1ADMcfy99ryZfpqLaDkoBU37t1fPhBES2n
thank you, and nice try scamming me Smiley

 Huh

Wow, it took him 6 months to came up with this?

...you can add a minimum btc for invest in every site?

It's best to check for yourself, min investments (if any) can change pretty often, so OP doesn't know much more than you do.

I know PRC have increased their min investment limit to BTC0.1 some time ago and I'm not even sure whether new accounts are allowed to invest.

I reckon other sites have no minimum or very low (peerbet: 0.0001).
4749  Bitcoin / Press / Re: [2015-06-11] ArsTechnica: Jihadist US teen faces prison for blog, tweets about.. on: June 12, 2015, 09:33:15 PM
All these American teens rushing to join ISIS reminds me of the hippy radicals of the 60s who would go "underground" and join the weathermen or the black panthers... kidnap people and throw malatov cocktails... they eventually grew out of it and went on to wall street (the ones who weren't sent to jail.)

Its like something they get all passionate about when they're young but when they get older they are a little more prudent.

I honestly believe these ISIS joining teens are just trying to piss off their parents. Problem is, by the time they are old enough to know better they'll be dead.
...

Well said. Teenagers have a tendency to adopt radical views of any sort to add some deeper meaning to their lives. I guess concept of getting education, a steady job/income, starting family and carry on working until retirement is not attractive enough (or simply boring) for many.

Luckily the vast majority of those rebelled teens will balance their views as the times goes by, often making 180 degrees turns.

If I have any compassion at all for that 17-year old, it's simply because of his young age.

On a side note, if he had replaced "ISIS" with "anti-Syrian rebels", he probably would only be facing getting pat in the back from the gov.
4750  Bitcoin / Press / Re: [2015-06-11] Bitcoin Exchange ShapeShift Shuts Down NY Operations... on: June 11, 2015, 09:50:11 PM
Maybe I would be sorry for Erik Voorhees if he repaid investors of his past projects...

Out of curiosity, which projects do you mean?

Mainly Feedzebirds, but he was also involved in Bitinstant.

Thanks, didn't know that. I see he's got some negative feedback re feedzebirds, but overall showing 'green' with default trust view.

https://bitcointalk.org/index.php?action=trust;u=12149

Edit: I dug up one article describing his past actions:

http://www.bloombergview.com/articles/2014-06-03/illegal-bitcoin-ipo-actually-worked-out-pretty-well-for-investors
 
4751  Bitcoin / Bitcoin Discussion / Re: 17-year-old Bitcoiner faces prison for tweeting about... You guessed it! Bitcoin on: June 11, 2015, 09:37:18 PM
Kid was helping these lunatics, he should be tried as an adult black male:


The kid was trying to help them (in his own mind), but that's not where those lunatics receive the real help.
4752  Bitcoin / Press / [2015-06-11] ArsTechnica: Jihadist US teen faces prison for blog, tweets about.. on: June 11, 2015, 09:30:47 PM
This isn't a new story, we've already seen press hits regarding the mentioned blog, just a follow up, the author will face up to 15 years in prison:

Jihadist US teen faces prison for blog, tweets about encryption and Bitcoin

http://arstechnica.com/tech-policy/2015/06/jihadist-us-teen-faces-prison-for-blog-tweets-about-encryption-and-bitcoin/

Quote
A 17-year-old Virginia teen faces up to 15 years in prison for blog and Twitter posts about encryption and Bitcoin that were geared at assisting ISIL, which the US has designated as a terror organization.

The teen, Ali Shukri Amin, who contributed to the Coin Brief news site, pleaded guilty (PDF) Thursday to a federal charge of providing material support to the Islamic State in Iraq and the Levant.
...
4753  Bitcoin / Press / Re: [2015-06-11] Bitcoin Exchange ShapeShift Shuts Down NY Operations... on: June 11, 2015, 09:20:09 PM

It's a shame that Shapeshift was being forced to comply with KYC, which is totally not feasible for their business model.
There definitely should be exemptions for small transactions and shapeshift already have the limits set rather low.

Maybe I would be sorry for Erik Voorhees if he repaid investors of his past projects...

Out of curiosity, which projects do you mean?
4754  Economy / Gambling / Re: PocketRocketsCasino.eu - win 230 Bitcoin in one dice roll! on: June 11, 2015, 09:09:41 PM
Ouch...



Damn, that's over $100,000 lost in one bet... Must have been painful.

I don't get why he didn't reduce his max bet, losing bet was inevitable in a long run.

Actually I think he is still 9.5 BTC in profits indeed.

And that's what's really amazing. The guy loses $100k in one bet, but still ends up with (nice) profit. So overall it was worth it. If he's in the right mindset, he should still be happy.
4755  Economy / Gambling / Re: PocketRocketsCasino.eu - win 240 Bitcoin in one dice roll! on: June 10, 2015, 09:33:58 PM

Just to restate since a few people seemed to have missed it Wink

Across all accounts, greystroke1-greystroke6
Wagered :5734.71925196  
Profit: 219.50291864

Sorry I misread it as being a number being more than 230 , and I thought pawel777 posted the screenshot after your post where he won 70 BTC , so calculated it to be more than 300.

Still, +219 is a great result and places greystroke in a nice position - even if he bets and loses say 200 BTC, he can still enjoy mental comfort of being in net profit.
4756  Economy / Gambling / Re: PocketRocketsCasino.eu - win 240 Bitcoin in one dice roll! on: June 10, 2015, 08:41:35 PM

That grey dude is going to get busted betting sums like 300+ bitcoin on your site.
He's really pushing his luck, one day he's going to lose it all mate, that will be a good day for you Cheesy
Anybody who bets like that will meet their fall eventually.

Maybe if he continues then yes. But since he is betting 300 BTC at 97% , he has almost got a lucky session so far being close to 300 BTC profit. From what I have seen, All it takes for the big bettors is one loss, and they lose a lot more just trying to cover their losses.

Aaaand he's back with quick 6 bets:



The luck is still on his side, even know he got more adventurous betting ~179 at 88%. I wish him all the best.
4757  Bitcoin / Bitcoin Discussion / Re: A lot of users dislike altcoins but are pro sidechains, why? on: June 09, 2015, 10:34:34 PM
Oh yes, lets all centralize around bitcoin.  Roll Eyes
That's the thing, it seems that all of these sidechains would pretty much have to be centralized to keep the price stable when you convert back to bitcoin but that's not what many want from bitcoin.

Why would they have to be centralised? Taking the below explanation (@Amph - thanks for sharing), you wouldn't have to rely on anyone to guarantee say 1:1 exchange rate, since BTC backing the sidechains tokens are already there secured and temporarily immobilised (not destroyed). At least that's how I understand it. So the only concern is whether the sidechain isn't faulty/flawed and whether it has healthy network.

...
here a good explanation http://gendal.me/2014/10/26/a-simple-explanation-of-bitcoin-sidechains/
...

The sidechains ideas is this:

...
If the second blockchain has agreed to be a Bitcoin sidechain, it now does something really special… it creates the exact same number of tokens on its own network and gives you control of them.

So it’s as if your Bitcoins have been transferred to this second chain. And remember: they’re immobilized on the Bitcoin network… so we haven’t created or destroyed any…. Just “moved” them.

You can now transact with those coins on that second chain, under whatever rules that chain chooses to implement.

Perhaps blocks are created faster on that sidechain. Perhaps transaction scripts are “turing complete”. Perhaps you have to pay fees to incent those securing that sidechain. Who knows. The rules can be whatever those running that sidechain want them to be. The only rule that matters is that the sidechain agrees to follow the convention that if you can prove you put some Bitcoins out of reach on the Bitcoin network, the same number will pop into existence on the sidechain.

And now for the second clever part. The logic above is symmetric. So, at any point, whoever is holding these coins on the sidechain can send them back to the Bitcoin network by creating a special transaction on the sidechain that immobilises the bitcoins on the sidechain. They’ll disappear from the sidechain and become available again on the Bitcoin network, under the control of whoever last owned them on the sidechain.


Although, assuming the sidechain offers 1:1 token, when making transition back to the BTC blockchain, I think the exchange rate would actually be 1 token: 1BTC net of tx fee (but that's not a big deal).
4758  Economy / Service Announcements / Re: Dutyfree.io - Buy cheap cigarettes with Bitcoin on: June 08, 2015, 08:49:07 PM
That being said, we view it as an inefficiency of the customs authorities to deal with the incoming mail traffic rather than any sort of fraud. After all, we declare the contents of all the parcels we're sending out, so it's not like we're trying to get around their tax system - it's them not being very efficient at collecting taxes.

That's exactly what it is. In UK you pay duty if the customs ask you to. If the goods are declared correctly and the customs let the parcel go through - you're absolutely safe.

@Fortify - people get 'caught' all the time, but if the goods are not prohibited (drugs, weapons etc) the only repercussion is that such goods will be seized and you'll be asked to pay the duty. That's it really.

Although it's worth mentioning that when you buy large quantities to re-sell them, the customs may intentionally let the parcel(s) go through, put police surveillance on you and they'll bust you when you attempt to sell. But that's a whole different story.

4759  Economy / Service Discussion / Re: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁ on: June 08, 2015, 08:26:51 PM

... as well so would be interested in seeing OPs assessment as well.

That may be a problem, as Puppet seems to be inactive lately, his last post was done 3 weeks ago. Hope he's OK.
4760  Economy / Gambling / Re: SafeDICE.com ★ Bitcoin Dice ★ Monero Dice ★ Low 0.5% Edge ★ Fast Cashout ★ Fair on: June 08, 2015, 08:21:49 PM
Quick question. Are there any daily tip limits, i.e. you cannot send more than xBTC or xXMR/day?

I know there are max amounts for a single tips (i.e. max 1XMR) but can I send unlimited number of max tips?

I'm too lazy to check it myself and I vaguely recall there was some limit back in the day.
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