Venezuela is about to be classified as a rogue nation, to put you into context the highest officials of the country taken a trip to some of the known rogue nations in the World.
One of them is in Nort Korea, another one is in Cuba, you get the image of what's happening?
But even after all I have said about Venezuela, that's not something bad for Bitcoin.
Criminals have been using bitcoin since it's born, and that's haven't made it illegal. Yep, I got you, some investor might be afraid of Bitcoin being used as a way to clean money for bad nations and criminals.
But bitcoin is Pseudo anonymous that means that any movement can be traced, it's easy enough for a developed country to put an AI that search for the Addresses of the funds held by one of this governments
And then putting sanctions or even seize the money, if they try to clean it.
In short: Is not good but it's also not bad for bitcoin.
I remember reading a quote from Satoshi about WikiLeaks, and the heat it brings that could destroy Bitcoin in the early days. I think "the heat" from a rogue nation like Venezuela won't disrupt Bitcoin this time since our network is already robust. But I agree with you about the effect won't be significant. Not like US or EU tried to use Bitcoin as their reserve.
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Not that I like this kind of merit stats threads/posts since it clogged up my inbox (thanks to Maggy), users have the freedom to express themselves. If that is what they do best, then why not?
If I have the tolerance for all of the messages across various boards and languages, then why you so angry about it? Just chill bro.
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Thank you for choosing to teach @TokenHodlr, and I pretty much agree with what you said. I don't view these as failure of morality issues. These are in fact, in my opinion, simply symptomatic of a systemic failure on the part of our systems, institutions and the governance thereof.
Having invested more than 30 years in the turnaround/startup space, some key lessons I've picked up along the way are, in no particular order, the system over time corrupts the people. This is the fault of the system not the people.
I have a similar conclusion about the system as the source of problems. I've seen enough evidence that the system can turn "good people" into "bad people." Humans have two polarities, the X and Y in one package, and I see the current system embrace one side over another. To me cryptocurrencies are but a small part, although important as a component, but far from a problem-solver in and of themselves. The Eco-system and cryptocurrencies that will ultimately succeed have not been visioneered, engineered and brought to market yet.
It's very noble for you to keep doing this research while there is a probability that this (true cryptocurrency) is only a utopia. Probably currencies should be detached from economics and governance. Economics, the allocation of resources, perhaps cannot satisfy all involved parties. Governance, the distribution of power, maybe always imbalanced, continuous cycle of order and chaos. However, before I pass the baton to anyone who is far more competent than me, here's my general idea: Freedom to choose between saving, consumption, and investment, but encouraging people without coercion to create/produce/invest, and not to hoard. A mechanism to protect the system from malicious acts of its biggest holder and its creator. A mechanism to prevent it from being used as speculative assets at its infancy.
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All I can tell you is that we have never artificially inflated traffic or numbers on our website ever. But then again, all you can do is believe me or not ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Of course you didn't do that stuff ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I, as one of the community member here, not only want to "help" MintDice in promotion but also want to give useful feedback if I found one. So, keep doing the "continuous improvement" with the feedback of the community in this building process. Mintdice team seem to also be working hard on improving the customer experience while also handling the marketing aspect.
Yep, don't get me wrong mate, marketing is essential for new businesses. The signature campaign is one of the best choices ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Seriously, it's like hiring content creator, reviewer, tester, and perhaps advisor at the same time.
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Is the bet also based on "odds," like boxing?
Yups it’s like Boxing ,either who’s wins from the opponent who Dies,run or stop fighting No mate, I mean "betting odds," something like: - Red Cock (8/13) - Blue Cock (9/2) It's difficult though to predict the outcome if there are no match records since bettors judge with physical appearance only. Since this attraction is very popular, why not commercialize with a few regulations. No fight till death etc. So everyone involved can stop running from the police.
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@EOSBet or anyone, I think I have read somewhere stated that players can interact with EOSBet smart contract without using the site's interface. Is this correct? Let's say simply send a transaction to the eosbetdice11 with [x-number] EOS and [y-text] memo. Where can I find the source about this topic? Thanks.
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It is often criticized actually... some said let it "flow" naturally, the recession is good for the economy. Under what scenario would anyone lend $1,000 to receive $900 in return at some point in the future?
This: The consumption-based economy failed to predict that humans are incredibly greedy, lazy, risk-averse, etc. Instead of using the increased money supply to do productive activities, they use it to inflate assets/commodities.
The contemporary economic systems encourage spending (consumption) to drive economic activities. It assumed that HODL is terrible for the economy. Inflation is a form of tax for idle money. When inflation is already low, how government tax people? Obviously with negative interest rates. Civilization requires productive surplus and accumulation; de-civilization happens when too many people borrow, spend, and consume more than they produce.
How to encourage greedy, lazy, and overly risk-averse people to work? To be more entrepreneurial? (push) How to attract diligent, bright, and risk-taker people to keep working and producing? (pull) How "cryptocurrencies" alone solve this problem? Perhaps, the "better" system has not been envisioned?
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"Why is Ripple not dead?" It is because so many uninformed people don't know that Ripple and XRP are different. Yes, it's that bad. I think I answered this question last year. Is it cryptocurrency? No, Is it has technological advantage? No, Is it profitable to trade? YES
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I know it's too early to confirm this hypothesis: Cunte and Lukaku is a serious deal mate. Conte always wants to sign Lukaku since several years ago. I smell something similar to Mourinho and Ibrahimovic relationship. I think Juve - Inter's progression would be identical to City - Liverpool.
However, I'm satisfied with how the Serie A progressed. Next: Juve vs SPAL Sampdoria vs Inter These matches should be easy for both Juventus and Inter Milan. 2-0 should be sufficient. A little bit warming up for the big match!
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The traffic is of course a metric for any casino, no traffic, no customers, no turnover, no revenue, right?
Depends, is it real human or bots, from targeted links or not, paid or organic? These are what I mean by "traffic is not a useful metric for measuring the casino's performance." Buying traffic, using chatbots, and spamming here and there, is easy my friend. With your logic, then anyone can boost sales by simply... buying traffics. However, only management can have access to meaningful data, e.g., real traffic, demography, bounce rate, average time spent, etc., and use it as one of the metrics for decision making. In term of low activity, it can be used as a reality check, why my shop was so empty? What did I do wrong? But in my experience, I'd rather disable the analytics (faster load time), keep building, and focus on the customer's experience. Guess what? I'm a much happier person right now. But each entrepreneur has a different approach regarding this, so it's fine as long as it's profitable. *sorry for slightly off-topic post guys. Not that I tried to defend MintDice, but I cannot stand inaccurate logics.
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Nice response @MintDiceSara,
Anyway, about the traffic. How can we sure sites that have high traffic and high betting activities, didn't use internal bots? In my opinion, traffic is not a useful metric for measuring the casino's performance. Only the casino's management knows the bottom line (P&L).
From what I see, MintDice has chosen the correct organic strategy up to this point. Keep building good stuff guys, but do it quickly before you lose the momentum.
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Jesus... Seriously? Sabong101-dot-com? I tried to access that site but failed. What happened?
The funny thing is here in Indonesia cockfighting is called "sabung" not "sabong." Is the bet also based on "odds," like boxing?
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In my wildest opinion
I think currency is used only as MoE and UoA. It doesn't yield profit, doesn't have intrinsic value, doesn't have to be pegged with anything (at its final form). The problem with the fiat however, the government keep playing with the supply (inflation).
The consumption-based economy failed to predict that humans are incredibly greedy, lazy, risk-averse, etc. Instead of using the increased money supply to do productive activities, they use it to inflate assets/commodities.
Treating currency like stocks, that can yielding profits, have a predictable outcome, the greediest people will compete to have the biggest pie. And do nothing.
Maybe currency has to be pegged with gold as in a true gold standard, to reduce speculative behavior. And then slowly and silently partially detached from gold (after WW1 - Bretton Woods). Then completely separated from gold (Nixon).
The funny thing is, a lot of people still think that currencies are "backed" by gold. I believe this is why the currency is relatively stable because the uninformed don't understand. The perception has penetrated the deepest subconscious brain area, that the money is stable.
A similar event occurred in 98 when SE Asian countries abandoned pegged system (USD) and then used the free-float system.
Cryptocurrencies, without first pegged with something stable, would end as speculative assets.
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Stop.
Yes master. People report posts, yes? I've actually smashed through hundreds of posts in the 777Coin and Bitvest campaigns.
And regarding the plagiarism issue: it's simple enough to automate the process. We already have some people who have checked entire post histories for plagiarism, so I don't see why the same cannot be done for a campaign cycle across a few dozen users.
It's all based on Voluntaryism... I see what is the direction of this discussion, You and I have different view about a few basic principles. But yeah, Voluntarysim is the core value of this forum. Thanks for the input.
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A lot of interesting ideas, and I start to feel this thread is like the miniature of the real-world economy. The authority complaining about the externalities (junk posts), the labors want salary raise, business owners want profits, etc. Anyway, I see a few incentive problems here: - More post count = more links = more traffic; - Rewards are given based on post count; and - More post count generally lowers post quality. << externalities Since it is highly improbable that we change the reward based on post quality, not quantity. And because of this issue: 50 members per campaign posting 25 posts each (minimum) equals 1250 posts per week. Not to mention that sometimes only parts of the post are plagiarized so during the initial checking he could think everything is ok when in fact 2 out of the total 20 sentences are copy/pasted.
My question to campaign managers, would you really go through all this hassle?
Maybe managers should hire one or two qualified post reviewer (similar to peer review) as a quality controller. Hence, even with the 20-25 post per week, no one will complain about the quality.
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GREAT NEWS!Who purchaed BET fantasy tokens yesterday lost 44%! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Whoever purchased BTC, ETH, and EOS yesterday, lost 11.17%, 14.83%, and 21.50% respectively*. If you are not Merlin or Nostradamus, I advise you to man up since this "dump" will always happen in any market. @game-protect, go ahead do this "GREAT NEWS!" thing in every altcoin ANN here in Bitcointalk. *Source: https://coinmarketcap.com/
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I think a repeated story like this wouldn't have a significant effect on the price movement.
Oops, I admit I was wrong to predict the "no-effect" hypothesis. Honestly, it's surprising that the price dump quite deep just because of BAKKT (or is it?) I would speculate that there must be decent BTC price support between $9k and $9,200 - otherwise if $9k is broken then maybe we could see ourselves at least having to test support in the $8k to $8,500 range.
I agree with you mate, the more frequent price tests the support line, the higher the probability of it breaks. Now the momentum is in the bearish area. Maybe the 9K-10K price range was the anticipation for BAKKT, and now the price will be heavily deflated. *not a financial advice, dyor & dwyor
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Well Logan gassed within like 2 rounds last time, then almost got blown out in the final round—he was literally hanging by a thread.
If neither of them had headgear on in the first fight, then Logan would have gotten blitzed.
Logan still swinging a lot of punches in the 5th round mate, but yeah, he was dusted in the final round. However, if I were one of the judges, I'd give more points to Logan: - He had a more physical presence, landing more heavy punches than KSI - KSI received more warnings from the referee (for illegal low-ducking) The difference in reach should be placed in the equation as well; for example, Campbell still able to give Lomachenko a little bit problem, even though heavily outclassed. Anyway, they are both a buffoon, so this fight shouldn't be taken too seriously.
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