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501  Economy / Service Discussion / Re: List of escrow services on the board? on: January 10, 2024, 01:39:04 AM
There are already a number of threads compiling escrow services on the forum. Most of them aren't updated. The latest of these compilations is probably tranthidung's. It's also the most recently updated. However, even that list isn't accurate and comprehensive. DarkStar_, for example, is still listed as an active loan provider even if such service is not anymore available. The escrow list as well doesn't include active ones like minerjones or MoparMiningLLC.

Shasan's compilation is longer, updated a few months ago, but I'm not sure if everyone on the list is still active. I don't know if SebastianJu's escrow services are still available. He's last active in November last year and last posted almost 2 years ago.
502  Economy / Economics / Re: Crypto: a place where everyone makes money, but few secure it on: January 10, 2024, 01:01:23 AM
I personally know of a number of people who have gone through this in their crypto journey. I guess many can share how those ICO days, for example, were very generous to us. Some friends made a lot of money. Now, most of them are wage-earners. They've spent too much on things that are probably weren't worth it. Some didn't start even a small business. The same goes during the height of Axie Infinity and other play-to-earn blockchain games. Many of those who earned really well are now drained of savings.

This story also applies to those who accumulated so much Bitcoin early on but ended up selling most of them while the price was low and ended up only with Sats today. Our local moderator, for example, came early, got a number of coins early, but today cannot even pay a debt.
503  Economy / Gambling discussion / Re: Bet on favorites early in the week & underdogs late in the week strategy... on: January 10, 2024, 12:37:13 AM
I'm a little bit bothered to call this rule of thumb. I mean, something is considered rule of thumb because it is generally right or accurate, therefore widely accepted.

If you are regularly betting on sports, you will know this thing. It's a rule of a thumb since most bettors would choose to bet on the favorites spread compared to the underdog, so when the line is available, they'll hammer it until the spread will increase to balance the bets. That's why betting early gives you an advantage.

The key here is "line movement".

In sports betting, the movement of betting lines could go either way. It might be true that heavy favorites could get the bulk of bets as soon as the odds are released and early bettors could take advantage of higher odds. But the odds could actually go even higher as the game nears. That's why there are actually pros and cons in betting early as your odds, whether you're with the favorite or underdog, could actually improve later on.

By the way, do you use this strategy? I mean, that you place your bet in the early part of the week if you're with the favorite and later part of the week if you're with the underdog? How has it been? Since you also claimed that it is a rule of thumb, therefore more or less accurate, has it been doing great?

So far, I haven't heard of this betting strategy that involves betting on specific days of the week. I guess it must be sports or even league-specific that has a unique game schedule.

I'm a little bit bothered to call this rule of thumb. I mean, something is considered rule of thumb because it is generally right or accurate, therefore widely accepted. But I highly doubt the accuracy of this strategy. Surely, sports bettors don't just place a bet based on which player or team is the favorite and which is the underdog. Actually, it's only now that I heard of this approach or strategy in sports betting. I'm also not a professional bettor myself, so I could have missed this strategy. But I guess, now that I've learned it, I still won't apply it on my bets.

Well it is generally accurate.  Not sure why you're bothered by it. I thought I'd open this discussion just to see how many here had been utilizing this strategy and what they've seen by doing so.  This is simply how Vegas odds tend to shift over the week, or over time depending on how far apart the match is for whichever sport you're betting on.  "But I guess, now that I've learned it, I still won't apply it on my bets"  Cheesy  I guess you're immune to legitimate gambling strategies?

I mean I'm betting regardless of days. Sometimes I bet early; sometimes I bet late. There are times when I think betting on certain odds early is advantageous. There are also times when I wait for a little longer because I believe the betting line would move in my favor.

Generally, the good thing about betting late even if it's the favorite you're betting on is that we aren't sure how things would develop. In NBA, for example, you would learn later on that this and that star player won't be playing. In boxing or MMA, there might be news that the training of a fighter isn't really running well as the fight day nears.

But I'm probably not profitable in gambling, so I might adopt this strategy, after all.  Grin
504  Bitcoin / Bitcoin Discussion / Re: Hoax: No Bitcoin ETF approval (yet) on: January 10, 2024, 12:03:06 AM
At least the price of Bitcoin didn't react to another fake news this time around. Before, the price seemed very quick to react to rumors and FUD regarding spot Bitcoin ETF. The timing of the hack was curious, though. Was it done to try testing how the market would react to the official announcement of the SEC regarding the approval of a spot Bitcoin ETF? Whoever did it, he/she better be patient. It will, after all, be released very soon.
505  Other / Beginners & Help / Re: Blockchain vs Platform vs Chain on: January 08, 2024, 02:26:21 AM
Platform and Project is the same thing, an it is different from a blockchain?
But the Platform/Project runs on a particular Blockchain.
Is this correct?

If Chain is just an abbreviation of a specific Blockchain, why have that different terminology? Why not just use the name of the blockchain?
Are you sure that the chain is not a different thing altogether?

JH

The word platform isn't technical. It's a general term. It isn't referring to a particular object. Bitcointalk, this forum, is a platform. Binance, a centralized exchange, is also a platform. Facebook, a social media site, is another kind of platform. Telegram, a messaging app, is a platform as well. A platform could refer to a thing on which something could be done. So there's a platform for specific discussions, another for exchanging cryptocurrencies, another for posting pictures, another for sending direct messages, and so on.

Therefore, a project or a blockchain could also be platforms themselves. The Ethereum Blockchain, for example, could be used as a platform by developers to create crypto projects. These crypto projects could themselves create a product that is itself a platform. Uniswap, for example, is a crypto project built on the Ethereum blockchain. So, the Ethereum blockchain is the platform in developing Uniswap. And then, Uniswap is itself a decentralized exchange, a platform for ERC-20 token users for swapping different ERC-20 tokens without a centralized entity.

Crypto is for cryptocurrency as chain is for blockchain. That's as far as the shared context is concerned. Of course, the word chain also refers to other things. It's also a chain that connects an anchor to the ship, but we're not talking about it.
506  Economy / Gambling discussion / Re: Bet on favorites early in the week & underdogs late in the week strategy... on: January 08, 2024, 01:28:51 AM
I'm a little bit bothered to call this rule of thumb. I mean, something is considered rule of thumb because it is generally right or accurate, therefore widely accepted. But I highly doubt the accuracy of this strategy. Surely, sports bettors don't just place a bet based on which player or team is the favorite and which is the underdog. Actually, it's only now that I heard of this approach or strategy in sports betting. I'm also not a professional bettor myself, so I could have missed this strategy. But I guess, now that I've learned it, I still won't apply it on my bets.
507  Other / Politics & Society / Re: Neo-colonialism: Is Nigeria Still Under British Rule? on: January 07, 2024, 02:51:05 AM
I'm not an expert of Nigeria's history and its current social, economic, and political situation right now, but I think it's not really under a foreign country's direct rule. However, any developing country like Nigeria is always under this neo-colonialization. Poor countries like mine are always at the mercy of rich countries. Developing countries need the powerful countries more than the powerful countries need them. And in this asymmetrical relationship, the rich countries will always dictate the terms. It's their rules that will prevail. It's always the poor country that will get the short end of the stick.
508  Bitcoin / Bitcoin Discussion / Re: Sudden Flash Crash vs Slow Bleed - Which actually kills Investor(s)? on: January 07, 2024, 02:18:18 AM
I think "sudden flash crash" is more damaging than "slow bleed". With the former, you can even hardly respond. Your position is already closed before you know it. Your money is already liquidated before you can even make an analysis and act on it. With the latter, at least you have enough time to observe and analyze the market, make preparations, change position if necessary, and so on.

I don't think the sudden fall of the price recently is caused by Matrixport's report. That wasn't even a popular opinion. And what is even Matrixport? That report was nothing. That was too shallow a reason for a huge investor to dump its holdings.
509  Bitcoin / Bitcoin Discussion / Re: What's Your Exchange to Wallet Ratio? on: January 06, 2024, 03:58:02 AM
I have different amounts of Bitcoin kept in separate wallets but none on centralized exchanges. So the ratio would be 100% to zero. I don't trade anymore. There's no problem with Bitcoin users who are maintaining certain amounts of Bitcoin on exchanges for as long as they trade. If they aren't, their coins have no business on exchanges. Their funds should be pulled out. They are courting unnecessary risks.

I have a Trezor still sealed in the box, but I admit I'm intimidated in learning how to use it.

What's so intimidating about it? Trezor has all the guides on how to do it. Just make sure you're on their official site. Trezor's Learn page is comprehensive. It's complete from the most basic up to the more technical ones. It's probably more intimidating to make a paper frog than learn how to use your Trezor.
510  Local / Pamilihan / Re: 🎄🎅🏼🎁[Christmas Raffle III] Free Bitcoin Books! Merry Christmas!🎁🎅🏼🎄 on: January 06, 2024, 02:11:21 AM


Finally nakuha ko na. Maraming salamat kabayan @Darker45 para dito sa book at sa pa raffle. Maganda ang pasok sakin ng New Year.  Smiley

Heto na pala yung Christmas gift sakin na first prize ni @Darker45, kahapon ko lang natanggap Grin . grabe bagong-bago pa, parang ayaw ko tuloy buksan ang mga pahina baka madumihan. joke lang.

Maraming salamat ulit sa pa raffle kabayan.



Mabuti at dumating ng maayos ang mga libro. Maraming salamat ulit sa pagsali!

Masarap basahin 'yang mga 'yan. Medyo matagal akong matapos kapag non-fiction. Wala kasing thrilling na part. LOL! Kaya dinahan-dahan ko lang ang pagbabasa. Ayos lang wala namang deadline.

Sana ma-enjoy 'nyo rin, lienfaye at Text!  Smiley

Congrats sa inyong dalawa , napaka swerte nyo guys  Wink Wink

naghihintay pa naman ako mag PM si @Darker45 na nanalo ako sa rolling kaya di ako sumisilip dito sa thread para may thrill  , antagal na pala na declare ng winner hahahaha.

Malamang next na ulit magpapalaro si kabayan , baka andun na ang swerte ko  Grin Grin

Ni-roll ko na before Christmas kabayan kasi pamaskong pangregalo. Dumating sa kanila after new year na.

Baka sa susunod ang swerte mo kabayan. Nag-uumpisa na akong mag-isip anong susunod na pwedeng ishare dito sa local.

Sana magustuhan naman ng mga kababayan natin dito. Maraming salamat sa lahat sa pagsali! Smiley
511  Other / Beginners & Help / Re: Just HODL on: January 06, 2024, 01:44:54 AM
These past few days are very risky for leverage traders. The volatility has been really high. Huge liquidations must be taking place everywhere. The year came in with Bitcoin's price around $42,500. It shot to almost $46,000 just a day later only to quickly fall down even lower than $42,000 the following day. And then it started to recover well before it once again fell down. And then it went up again above $44,000.

As always, with Bitcoin's volatility, leverage trading is riskier. Hodling is smoother and safer.
512  Economy / Economics / Re: Corruption in Nigeria as a Problem of Economic Growth and Development on: January 06, 2024, 01:20:51 AM
It's also my impression; it seems corruption in Africa is extreme and rampant. And it is holding back African countries from reaching even halfway their potentials. It has been like that for many decades. There must be a much deeper problem causing that. Is it partly cultural? Is it because the continent and the African people have been subjugated for centuries?

Corruption is also a very big problem in my country, but I see this problem as a mere symptom. I cannot speak with authority on the African situation, but I'm convinced that my country's corruption problem has something to do with many factors which at its roots include lack of values.
513  Economy / Gambling discussion / Re: [Boxing] Anthony Joshua vs. Francis Ngannou - March 9 on: January 06, 2024, 12:49:40 AM
I'd say it's a wise choice for Joshua. This would probably make him more money than a match against Wilder. And at this point in his career, it's probably money that matters most.

Wilder was just convincingly defeated. He didn't even win a round in one of the official scorecards. But he remains powerful. He could still defeat Joshua. There's the high risk. Ngannou, on the other hand, is also gifted with power, also fresh from a defeat. But he somehow became a star among boxing fans. He got everybody's respect by sending the Gypsy King down to the canvas. Joshua could be defeated by Ngannou but it's a better risk than be defeated by Wilder.
514  Bitcoin / Bitcoin Discussion / Re: Someone just sent 26 BTC to genesis block address on: January 06, 2024, 12:19:51 AM
Burning Bitcoin? For what purpose? I doubt it's haters who did it. Only 26 coins? That's nothing at all. And that already cost them more than a million dollars. That would be a crazy way to do it. They could have just congested the mempool with that amount.

If it's an error, it's a costly error. And how could the sender end up pasting the genesis address? It was possible he/she was multi-tasking, researching or having fun checking old addresses at the same time making transactions. That's not a good combination.
515  Bitcoin / Bitcoin Discussion / Re: Eight reasons why BTC will Fail. Thoughts? on: January 05, 2024, 02:34:28 AM
I agree with some of your points. One reason why Satoshi is better off dead is that tens of billions of dollars in Bitcoin are dead with him/her/them. And, yes, monopoly is always a tendency not just with mining but also with the limited supply.

I also agree that BTC products will probably be used more than real BTC. And we don't have to wait for the future to see this happening. Right now, many don't own a single Bitcoin; what they own are numbers provided to them by exchanges and other custodial platforms.

And, yes, while Bitcoin may not die, in terms of relevance, there's likelihood that gold might outlive Bitcoin. In the meantime, while at its infancy, let's stack as much Satoshis as possible.
516  Economy / Service Discussion / Re: CoinMarketCap CMC listing problem on: January 05, 2024, 01:28:44 AM
I had no idea that CMC now requires fees for a coin or token to be listed on their website. How times hnave changed. Are you sure the right channels or proceedures of listing were used?

Did your friend read through the requirements. Maybe he missed out on something?
1. https://support.coinmarketcap.com/hc/en-us/articles/360043659351-Listings-Criteria
2. https://support.coinmarketcap.com/hc/en-us/articles/360043534192-Exchange-Listings

there is difference between listing a Token or coin and an Exchange. also, the links you sure are not accurate anymore.
here is the correct link : https://support.coinmarketcap.com/hc/en-us/articles/360043659351-Listings-Criteria
still there is not any details about any kind of payments. I think OP's friend fell inot a scammers trap who DM everyone and offer them listing services for cheap rates.

Coinmarketcap is quite confusing. While it clearly states that "CoinMarketCap does NOT charge for listings", it actually does. They are offering both free and paid listings to tokens or coins and exchanges. Coinmarketcap has what they call as CMC Priority where tokens or coins and exchanges could apply for quicker and manual listing process. And it's not cheap. For non-automated listing of an exchange, it could be as high as $50,000. Such listing could also be included in a pre-paid package which could go as high a price as $1 million.
517  Economy / Economics / Re: First time? A company suing because people aren't buying its products!!! on: January 05, 2024, 12:57:06 AM
I think it's oversimplifying or perhaps even misinterpreting the legal case. The case filed wasn't against "people who have been refusing to buy its products"; it's against a group that was supposed to spread "false and defamatory statements" in public against the fast-food chain.
Yes and no! You can't sue regular people, obviously. So they have to find a representative to sue, a group or an organization, in other words something centralized or a door that they can kick down.
In this sense this is like Bitcoin, they can't ban Bitcoin or they can't prevent regular users from using it but they can kick down the door of anything centralized like CEX or even mining pools and exert their power there.
But the nature of the act is the same, it is "banning Bitcoin" or it is "suing the people who refuse to consume their products".

The case is basically defamation. And this can be filed against individuals or groups. Anybody, regular people or not, can be sued for committing defamation. Defamation is a crime.

I'm interested how this case would turn out. While this could probably end in a negotiation or a settlement, I believe it would heavily favor the company provided the crime was indeed committed.

I don't think the comparison between Bitcoin and the company is valid. 
518  Bitcoin / Bitcoin Discussion / Re: Do you actually think a Bitcoin ETF will be accepted this month? on: January 05, 2024, 12:25:29 AM
Despite the noise and the FOMO and the hype, I think it's 50:50. It could be a yes or a no. Although I want the SEC's decision to be positive and see how the market reacts, that it would once again reject the applications is a probability. The SEC might reject the applications for now pending further preparations and polishing of policies and safeguards which pave the way for an eventual approval. A spot Bitcoin ETF in the US is still a matter of when, of course, but the SEC might simply say it's still premature for now. There's much more cleaning to be done.
I am not a lawyer and don't know about laws in the USA. especially for Bitcoin Spot ETF and how long SEC. can delay it. It seem they are going to a deadline to announce their decision, Yes or No. However, is there any chance for SEC. to postpone it again with somewhat reason they can use?

I'm also not so sure about this, but I think it's the SEC that has the power over this. It's the SEC that set all those deadlines in the past. But it's also the SEC that extended those deadlines and delayed the decisions. This January 10 deadline is also coming from the SEC, so my hunch is that they could once again move this deadline to a later date.

I'm not sure how many times they can move the decision dates. But if this is the deadline of all deadlines, then they could easily say no, and they have all the reasons to do that. But, of course, this doesn't preclude the same players to once again file revised applications.
519  Bitcoin / Bitcoin Discussion / Re: We dont own enough bitcoin on: January 05, 2024, 12:03:35 AM
Bitcoin is wealth. Human beings are insatiable. So it is but logical and natural for human beings to not stop accumulating that which they desire. I have yet to hear a person who says I'm done earning money and from this day on I won't be looking for money anymore. On the contrary, even people in their old age want to make more money, not necessarily by working but they want to grow their wealth. This is probably the same explanation with people not having enough Bitcoin. But for as humans, echoing Nietzsche, it's probably the desire rather than the desired that truly drives us.
520  Bitcoin / Bitcoin Discussion / Re: Inverse Cramer Strikes Again on: January 04, 2024, 02:48:35 AM
This man is funny and entertaining. It's hard to take him seriously. That his predictions are the exact opposite of what's to come makes his presence and statements light and bearable. And for this skeptic to finally say something positive about Bitcoin just before the price plunged made him a lot easier to handle.

But I don't think he's playing with the market. I don't think he's carefully weighing his words because he's got positions and he's trying to manipulate its volatility. I guess it isn't intentional. All is most likely coincidental. He also mentioned those pro-Bitcoin words seemingly in passing. He's probably just an unlucky man who got most of his predictions wrong. He's a jinx.

Also, if we take his words as the opposite of what's to happen, rather than a spot ETF rejection, there would be an approval. Right before he mentioned that Bitcoin can't be killed, he actually predicted that there won't be an ETF.
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