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5061  Economy / Gambling discussion / Re: Do you feel this pressure on physical gambling? on: May 20, 2020, 05:18:13 AM
I don't know how it is in your area but in my area there are tons of bank ATMs and certain types of credit card merchant machines right by the casino or in the casino. These machines usually have high fees, it doesn't make sense to use them. You are better off just withdrawing money from your bank direction, however people still use them. Why is that? Probably due to all the reasons you have outlined.

People probably already got cash in their wallet and they start to gamble. They lose it all and go on tilt or think they can win it back, so what do they do? Leave the casino and drive to their bank? No its probably closed or too far away. They basically walk a few feet and withdraw more money to gamble away.

Hence the reason why those machines are so effective at making the casino so much money.
5062  Economy / Gambling / Re: 🔥🔥🎲 SATOSHIDICE.io 🎲🔥🔥 - 🍀 Lucky Jackpot 🏆 Daily Races ⭐ Provably Fair on: May 20, 2020, 05:12:24 AM
...
I think there was a few casinos in the past that had that option where if you had BTC you could exchange it for DOGE or LTC and there was a high fee (5%+) and nobody used it. People back then easily used Shapeshift if they wanted to quickly change their cryptos. Unfortunately they went KYC so these days you need to use an exchange.
...

You can always use Coin Switch or Coin Plaza to instantly change your crypto (or even a BitCoin Mixer such as the Double Mixer) when you withdraw your crypto from a Casino.

Or even better solution is to find another site that suits your needs. If you need to play with doge, find a site that provide such service. In term of volume compared to btc, it will be much lower thats why most casino doesnt really bother to let you use other cryptocurrency ( provided that there are tons of request from their customer then that might happen )

There are a few sites that use DOGE because its actually a pretty good altcoin to gamble with because the transaction fee are pretty much zero. It also features a fairly stable and secure network so people are comfortable to keep their money in it. If you consider an alt like ETH, yes the fees are cheaper than BTC but they still are not free. Hence why DOGE is popular.

Right now I think what is happening with the bitcoin network will lead to more and more congestion and might be a repeat of 2017. If you saw the network today, if you wanted a transaction to confirm by next block you almost had to use 150 sat/byte which is very expensive. If the price keeps going up, more participants and more congestions and pretty soon it will be like 2017 where we need to pay 300-500 Sats/byte and it takes hours to confirm.

We don't have this issue now but in the future it might become an issue and for casinos to stay competitive they will need alt-coins to keep their site alive. This is actually the reason why all the BTC on-chain betting sites are all offline, due to large fees.
5063  Economy / Gambling / Re: Primedice.com | Creators of Dicing 🎲 | 40 Billion Bets | 112+ BTC Jackpot! on: May 20, 2020, 05:03:55 AM
For those interested this is how Primedice looked back in 2013,

https://web.archive.org/web/20130528162801/http://primedice.com/

This was the earliest snapshot I could find and it was taken in May 28th so a few weeks later after launch and they still had over 250K bets already. Its pretty amazing that the first design they had was pretty modern by todays standards. I think their layout back then is better than most sites dice sites that are launched.

Also look at the bet sizes, somebody bet 2.5 BTC back then, so it was around $100 or so. So it was only a $250 bet, but by todays standards how often do you see someone betting over 1 BTC? Very rarely.

Here is to another 7 years.
5064  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: May 20, 2020, 04:58:17 AM
I agree with you that CoinMarketCap never advertises gambling. It is usually handled for use in the use of cryptocurrencies Casino sites are different in the crypto market Making money here is much easier. Gains more exposure on social media.
I see some ad banners of some casinos on coinmarketcap.com, Sportsbet.io, Bitcasino.io. They are casinos I saw last few days. Maybe more sites are advertised and displayed on coinmarketcap.com. I don't know there will be changes in advertisement strategies and requirements on coinmarketcap.com because of impacts from Binance.
I still can't believe that binance bought out coinmarketcap, but looking at the website they didn't really bought it to integrate with binance and somehow make it like their website or anything. It looks like they bought it because they think it could be a business all by itself. I wouldn't really spend that much money on a ranking website if I wanted to grow, but it has a ton of users so I guess it makes sense to them financially.

About the ads, they would definitely allow gambling ads, I have seen plenty of gambling ads there, and I think binance doesn't mind as long as its a legal situation, if you are running an illegal casino with no license you wouldn't go too far, but if you are doing something legal and not nsfw, you can advertise anything there, including freebitco.in which would profit anyone highly.

The website is important because its one of the metric measures that determines the state of the entire crypto market. Are there really any other alternatives out there? Not really pretty much everyone uses coinmarketcap. You need to understand that whichever altcoin they decide to track, it determines the total crypto market cap and total bitcoin dominance hence its important that the service is out there.

I didn't know they don't allow crypto gambling ads. Most of the ads I see on there are ICOs and Trading exchanges for crypto or forex. And honestly I don't see how casinos are that much more riskier when they are still listing speculative investment assets anyways. Maybe there is another reason they don't list gambling sites. I think it might have to do with regulation in certain jurisdictions. Which is too bad because besides Bitcointalk forum and coinmarketcap there really isn't any better place out there to advertise your affiliate site.
5065  Alternate cryptocurrencies / Altcoin Discussion / Re: Newbies are safer with top altcoins on: May 20, 2020, 04:50:56 AM
This is no different than saying that most people who are new to trading stocks should just invest in bluechip stocks like Apple, Facebook, Google, etc instead of getting into penny stocks. Basically the top alt coins or bitcoin are obviously more safer because they have been around longer so the chances that they pull a 99% loss is slimer, however they are still possible.

One thing to consider is this. One time a few years back when BTC was $1 or so, it was also considered a risky penny type stock investment, however if you invested then at $1 you could of made $20K per coin that you bought. Hence this is the reason why many newbies invest in risky small cap altcoins. They invest little like $100, so if it goes to 99% loss they don't lose much but if the alt-coin gets a good exchange listing like Binanace and ends up going up 100x then the pay-off will be big.
5066  Economy / Gambling / Re: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting on: May 19, 2020, 06:11:46 AM
First of all fee's have changed drastically during the segwit period, plus not everywhere in the bitcoin world uses segwit right now but the ones that uses it have improved it a ton, they are taking a lot less. I have been around for 8 years or so now and I have seen literally 0.01 bitcoin periods as well, I remember I could mine with my laptop and had to pay 0.01 for my 0.2 bitcoin mined. So all in all we are in better shape.

However I agree that when you look at it dollar ways, bitcoin was touted as the thing that will destroy all the money exchange places like paypal or vemo or whatever because this will be faster and cheaper, now I am looking at it and paypal is faster and if you are using small amounts its cheaper as well. Bitcoin only becomes viable if you are sending millions because nothing could be like bitcoin when we are talking about sending millions to someone else, there is too much red tape.

The only times when fees were very expensive was during the transaction spamming days of 2017/2018. Back then BTC was hitting like $20K and I wanted to send to my exchange to sell for fiat and I had no choice but to pay a $50 fee because it was the only way to get it confirmed. Basically I did this from my own wallet, used a $10 fee, it didnt confirm after a day, then had to do the Replace by fee option and upped it to $25, nothing and finally $50 or so got it confirmed like 6-12 hours later. It was brutal back then.

Fortunejack at the time didn't charge withdraw fees and the fees were huge to them, basically like 200-300 sats/byte and around $75+ was spent on the withdraw transaction alone. I felt bad for any exchange or bitcoin casino that offered free withdraws at the time because they were losing money. Even the ones like Poloniex which had a fixed fee of like 10K sats (they used 10K sat for like 2-3 years) they still paid like 200-300 sat/byte for the withdraw, basically the 10K sat withdraw fee never covered it.

Now its not so bad, just wait for the weekend and you will see the fees are reasonable. Just click the 30d button and see how the transactions go down on weekends. If you got your own wallet then just make a transaction with 1sat/byte and eventually it will confirm, this was not possible in 2017. So right now is not a time to panic about congestion.
5067  Economy / Trading Discussion / Re: A question about OTC on: May 18, 2020, 06:17:43 AM
Are you selling for fiat or do you just want to trade the ETH/BTC pair? If you just want the pair then you can use many exchanges which don't require KYC however keep in mind there is a limit to how much you can withdraw. With Binanace I think its 2 BTC per day or so. However keep in mind that the coins can't be tainted. So if you send some stolen coins to Binanace they can keep it under review while they investigate. If it turns out to be stolen then they will most likely confiscate it.

If you want to trade OTC with fiat you can't do it anonymous, you will need to submit KYC since you are going to involve banking and there are anti money laundering laws that need to be followed. OTC is generally very good if you got high volume and want to not trip any trades on the spot market which can show "interest" or "disinterest" in a specific coin which could alert the retail market of some whale either buying or selling a crypto coin which might make you get front run.
5068  Economy / Gambling / Re: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting on: May 18, 2020, 06:11:28 AM
Use a website like this,
http://core.jochen-hoenicke.de/queue/#0,24h

Which basically tracks the mempool and you can see which "sat/byte" are being filled at the moment. The mempool was very high this week, it wasn't due to the halving because the retarget is only -5%, so its mostly just more active network.

A few hours ago the 3 sat/byte were getting filled and then all of a sudden the rates started to go up, so I am not sure if we will dip to the 1 sat/byte area which would be the cheapest to withdraw in. Basically unless it happens in the next 24 hours or so, the week days will keep making the fees higher due to more transaction. If so just wait until next Sunday and see if it goes to 1-2 sat/byte and withdraw then.
5069  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: May 18, 2020, 05:25:31 AM
Well with a bitcoin casino its always going to be tough because you are promoting a niche type of site pretty much. Anyone can promote a regular mainstream casino where all you need is a credit card to play and earn revenue however for bitcoin you need to find only the crypto audience.

You can't just spend a bunch of money advertising on facebook because your audience won't be geared towards crypto. They will visit the site, get confused what "Bitcoin" is and just close the site.

Hence you need to do your research and find the most efficive method. Many people opened up "crypto casino review sites" and try and get them popular. If they get some organic high search engine google listings then they might get traffic and get high quality revenue that way. However even those are saturated these days.
5070  Economy / Speculation / Re: Bitcoin Market Update: The Halving is Here on: May 18, 2020, 05:18:21 AM
Bitcoin should consider buying right now before the next halving event. Theoretically, you should purchase new bitcoin now since the number of new Bitcoins put in circulation every day will be cut in half as the halving in crypto market. The market price will be incrase bitcoin price could occur due to the upcoming halving event. just wait for few years bitcoin is likely to explode in the coming months. In my opinion, the price of Bitcoin will reach $20K by the end of 2020 years.

Haven't you heard? The halving happened over a week ago pretty much. And buying bitcoin into the halving event wouldn't of done you any good because right prior there was a huge dump to the $8K area, basically too many leveraged people opened up a position hoping for a pump into halving but the reverse happened.

And just because the supply is halved doesn't mean it will increase in price. Sure its basic economics but usually events like this are retail driven and there are huge whale games. So it might play out but it could take longer than a few days, maybe even until the end of 2020 or 2021. Too many people basically think they can outsmart the market and they usually end up getting liquidated. Hence why it dumped so fast to $8100 because too many people entered only when it broke $10K.
5071  Alternate cryptocurrencies / Mining (Altcoins) / Re: Is 2 kh/s by Monero a good value? on: May 18, 2020, 05:01:26 AM
Well, its better than 0 kh/s so there is that. Basically you got a low end-mid end type of CPU and its not a high tech Ryzen and you won't get much more out of it. You won't make much, according to Whattomine you will generate about $0.13 a day and most likely all of that will go towards your electricity bill.

Honestly its not worth the hassle, most places won't even let you withdraw unless you got maybe $50 or so worth of BTC. So you will have to mine for a very long time before you can actually claim a profit.
5072  Alternate cryptocurrencies / Mining (Altcoins) / Re: Help with re-flashing BIOS to stock default BIOS RX 470 on: May 18, 2020, 04:58:20 AM
Go to,
https://www.techpowerup.com/vgabios/

And find your bios and flash with that bios. Make sure to pick the correct memory. And only flash 1 GPU at a time. If you are getting the error 43 you need the ATI pixel patcher fix. Search the forum for it, its very common to get that error because the firmware you have on your GPU is not signed by AMD, its a security feature.

If you get issues with flashing then you will need to download the old DOS version of atiflash instead of atiwinflash and you shouldn't get an errors. Just download the win98 boot disk and put it on a USB flash drive.
5073  Alternate cryptocurrencies / Mining (Altcoins) / Re: Claymore's Dual Ethereum AMD+NVIDIA GPU Miner v15.0 (Windows/Linux) on: May 18, 2020, 04:54:46 AM

GPU0's fan isn't moving, have you considered a hardware issue? Check the rig.
Even if it's not hashing, it should spin at minimum speed except if the model is designed to spin at certain temp.
(it's at the same temp rage as the others)

If its not hashing then the fan shouldn't spin because there is no load and doesn't require it to spin. The RX series basically have a fan-off feature to reduce noise and prolong the life of the fans. Basically on idle, they are 90% offline pretty much. So its normal.

Most likely the GPU keeps crashing due to a DAG overflow and that's why it fails to hash at all, nothing he can do except just disable the GPU or buy an 8GB or switch to a different OS.

The older GPUs they always had fans that spun at a min speed of like 20% or so, but the new GPUs they usually don't spin at all on idle.
5074  Alternate cryptocurrencies / Mining (Altcoins) / Re: What are options to mine a profitable crypto on my computer. on: May 18, 2020, 04:50:21 AM
~ snip ~

I should also ask you what components do you have in your computer


I have a HP laptop not very special just a normal one with 500 GB HDD, 8 GB RAM and Core i5 Processor. I don't my laptop has expensive components that I can use to mine any coin that requires extensive processing.

I will save you the hassle of investigating further and just say that there is nothing that you can mine on that laptop. You shouldn't ever even mine on a laptop due to a fire risk of the battery exploding.

Right now mining is very competitive and BTC even had a halving which makes it more competitive. The cheapest way to mine if you still want to is to get a desktop and buy a RX 470 8GB GPU for like $100 and mine ETH, you will make like $0.25 a day before electrical, after electrical probably nothing. So if you want to get involved in crypto just buy the coins directly as an investment. If it was that easy to mine with a $50 laptop, everybody would be doing it.
5075  Economy / Speculation / Re: All Time High:: 2020 or 2021 ? on: May 18, 2020, 04:46:52 AM
If you asked me before this pandemic I would say maybe 2021 at the very earliest, maybe 2022 if ever. However the way most markets are going these days, I would say its very possible in might happen in 2020.

The markets right now are very erratic. Gold is making new highs, the NASDAQ 100 is pretty much near its ATH, the SP500 and DOW30 still are pumping and moving higher and higher everyday while the weekly unemployment claims are still rising, and the cases are still constant and not declining. Businesses are losing money, some are going bankrupt, etc, etc. Why is everything going up? Makes no sense.

Hence if I wake up one day and see BTC make a 20% gain, then another 20% gain, then another and another, we should be at the ATH pretty much. So its not impossible and many people will need to buy assets like BTC due to the possible negative interest rates talk.
5076  Alternate cryptocurrencies / Mining (Altcoins) / Re: Building a mining rig as an investment? on: May 17, 2020, 06:56:05 AM
The RX 5700 hash at 50MH/s or so, it would net $0.80 before electrical costs. Just get an RX 470/480 8GB and get 30MH/s but the GPUs can be aquired second hand for like $100 USD. There are tons of people that are still liquidating their farms from 2018 and need to get rid of all this inventory.

One thing to keep in mind is that ETH sometime in the future will go POS, hence mining will not be possible anymore. I think the main launch was set for Summer 2002 however most likely it will get pushed back due to Covid19.

In my opinion, just buy some crypto and hodl the coins and save yourself the headaches from the crashing rigs.
5077  Alternate cryptocurrencies / Mining (Altcoins) / Re: Immersion oil types on: May 17, 2020, 06:48:44 AM
This brings back memories to like 2016-2017 era where we all discussed this in the past. We all wanted solutions for quieter heat transfer so we could home mine in our bedroom but at the end of the discussion, the costs just weren't worth it. I think the water cooled method was a little cheaper and there was some guy who literally used a car radiator to water cool his rigs in his shack somewhere on his farm, and by "farm" I mean he was actually mining at his farm. I believe the video might be on youtube somewhere.

Water cooling might be a better solutions however there is still costs involved and the biggest issue is the bulk amount of space that is going to be required. I remember I had an Antminer C1 (or C3 forgot the name) and an Antminer S3. Basically they were similar however the C1 was very quiet due to the water cooling however it took up basically 3x times the amount of real estate pretty much.
5078  Economy / Speculation / Re: BTC Price might drop now?! on: May 17, 2020, 05:58:36 AM
Don't know how you can do any trading with a chart like that, its impossible to see the candles properly.  Regarding your analysis the decreasing volume doesn't always mean anything. Sometimes it means a reversal will come and sometimes it doesn't. Look at the daily and what happened when we engulfed the 8K area a few weeks back. People were saying that its going into resistance and volume is trending down and they shorted the $8K area and got wiped out pretty bad.

Right now as long as $8700 or so holds then I am pretty sure we might get a $10K retest and maybe break the $10.5K price which was the resistance made by the Xi pump and the high of Feb 2020 before all the coronavirus mess started which made all the markets around the world reverse into bear market territory. Right now its not the time to be bearish.
5079  Economy / Speculation / Re: One block left until final difficulty change before reward halving on: May 16, 2020, 06:02:06 AM
There was variance a few days ago and it looked like we might get a -15% drop and led to high bitcoin fees. However looking at,
https://fork.lol/pow/retarget

It looks like we are back on due track, seems like the difficult retarget will be nil. Which is surprising since half the profits are pretty much done for BTC miners. Shows you how many of these miners are professional farms which have tons of capital and most likely are holding these bitcoins for the future instead of selling them at the market. This is more or less what happened in 2016 after the halving, the hashrate stalled for a while and then it kept reading new highs and went exponentially upwards. So in a few months we should see the same thing after this halving.
5080  Economy / Speculation / Re: Let's start travelling to Stars; Moon is no more a target! on: May 16, 2020, 05:58:00 AM
The fact that it almost broke $10k again is very bullish, because when it dumped to $8100 it basically signalled the "buy the rumor, sell the news" for the BTC halving. Basically too many people got bullish. CNBC was making tweets again and the dump to $8100 cleaned them out pretty much.

If we can just break the $10500 area then we might get a shot at $14K and finally shot at $20K all time high figure. The $10.5K is important because we hit it twice, first with the Xi pump in Oct and later on in Feb before all this coronavirus mess, if we can clear that figure then we might never go below $10K ever.

Becareful trading on weekends, it usually leads to sharp false moves one way or the other. Best to wait until Monday for the market directions to be more clear.
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