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5181  Economy / Lending / Re: Free lightning tests on: September 29, 2019, 07:50:17 AM
Looks like the request expired can you post another please (with at least a 1 hour expiry), ready to send this now.
5182  Economy / Lending / Re: Free lightning tests on: September 29, 2019, 06:47:18 AM
Hello, I read in your OP that other LN lenders have restrictive qualifications, can you give some examples please?


No its based on personal opinion

I have a question about your loan, what's your position on giving out merits, or trust/feed back?  As @suchmoon said in this thread:


I don't normally touch trust unless it's worth more than $200.

Also, what is your position in regards to late loans? What action will you take?


I don't intend to bring trust into this but this will also be down to my own opinion...

I'll be the first to take out a loan:

Code:
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


Alright I'll send to thi slater today.



I'm pretty sure @LoyceV only charged a token interest fee to cover the TX.


Which is why I didn't open a service while he was actively running his lending system...

Just one final question, can you give examples of your LN loans to "help out newbies"?

No in a short answer... I don't want to go digging through my entire transaction history here and it's a few pages down in pm. I can't seem to find it in bitcoin lightning wallet either (a transaction history for a closed channel).
5183  Other / Serious discussion / Re: Asset diversification for wealth protection. on: September 28, 2019, 10:53:09 PM
Copper is something I can see just going down, most copper pipes can be replaced by a cheaper plastic alternative, a lot of cabling has uses for it but it's probably come down since fibre optic has been used more (probably took a lot of copper to link the UK and US Internet at some point) and with the rise of greater efficient silicone based equipment copper probably has a lower demand.
Gold and silver aren't actually very good investments as they only normally keep with the rate of I flatiron and they're in a bit of a bubble now too. Gold rises during a recession normally but not by much.

The majority of what I have is in bitcoin so I'm not good to ask about diversification (around 75%). I recently put a small amount into index stocks to better track when to buy more in a dip... People seem to think index stocks are in a bubble too though now, if you want something particularly stable many people suggest investing in utility companies (there's also government  bonds). Insurance companies and startups may be a bad idea as issues will hit them pretty quickly if there's another crash - the same can probably be said for banks (especially in the UK).

At some point you probably have to choose if you want profit or a good diversification strategy (you can't have both)...

This thread will probably do better in speculation.
5184  Other / Ivory Tower / Re: Google claims breakthrough in Quantum computing on: September 28, 2019, 05:10:25 PM
https://youtu.be/lvTqbM5Dq4Q

This explains why the encryption algorithmm bitcoin uses will be insecure. It looks at rsa encryption and ecc is generally considered more secure but only by a magnitude of about 1024-256 (afaik but it was a long time since that module).



I think the thing with mining is that quantum computers will advance at the same rate so there'll still be competition between the miners and it won't be too difficult to turn sha256 into a 2048 bit bash or higher to keep advancing the algorithm (it's just a few OR operations anyway) - the affect of a new machine will probably be the current affect of bitmain making a new miner.

This explains sha better: https://youtu.be/DMtFhACPnTY
5185  Economy / Service Announcements / Re: [ANN] ChipMixer.com - Bitcoin mixer / Bitcoin tumbler - mixing reinvented on: September 27, 2019, 07:17:04 PM
Quote
(did you do it recently)?



about 10 min before i have posted here

Update: i ve sent an email to chipmixer



Ah yeah they should be able to recover it then as long as you've sent either the deposit address or session token... You're fairly active on this thread so you probably already know it make take some time for then to respond so make sure your session doesn't expire before they do.
5186  Bitcoin / Bitcoin Technical Support / Re: [SEPT 2019] Fees are low, use this opportunity to Consolidate your small inputs! on: September 27, 2019, 05:47:25 PM
Can you get mempool estimates in core? Electrum let's you pick how far from the tip you want a transaction to be. If you need it confirmed quickly, it might be more helpful that cores default estimate which takes in the past couple of blocks over a few days.

The weekends are a good time to get your transactions confirmed if you send them at a low fee (you're better off starting at a low fee and then bumping it up or cpfp if you're in a rush). I think you pay less and get it confirmed faster that way (or you can send with a low fee to other places where they'll spend your coins with a high fee)...
5187  Economy / Service Announcements / Re: [ANN] ChipMixer.com - Bitcoin mixer / Bitcoin tumbler - mixing reinvented on: September 27, 2019, 05:34:45 PM
I've got an problem

i have forgot to note down the last 3 digits from my voucher code  ( yes i know incredibly stupid )

any chance to recover ?

best regards

Send them an email they might be able to help you. If you have the session token or the deposit address they will be more likely to work out its yours better (did you do it recently)?
5188  Bitcoin / Bitcoin Wallet for Android / Re: Full support of native segwit in the app has been released. on: September 27, 2019, 05:31:37 PM
Does it have support for legacy compatible segwit addresses? The ones that start with 3xxxxxx instead of bc1qxxxxx.

No it doesn't have nested segwit addresses (the ones starting with 3) it's probably one of the few let downs of the app.

You can even set this wallet to connect to just one particular full node, if you run your own. Greatly improves security that way.

Yeah and you should be able to use litecoin and other bitcoin forks from it too (haven't tried that though, maybe I should)
5189  Economy / Economics / Re: How long can you endure? on: September 27, 2019, 01:38:28 PM
Yeah you're probably better off moving it to economics or off topic.

Anyway, anyone seasoned in investing with bitcoin will know to hold onto their coins during a dip because there's no up side to selling once we have fallen. I shorted bitcoin in the dip and bought back in half way through, however it didn't make much of a profit so equally you shoildvt make so much of a loss on the way down thst you consider pulling out and avoiding btc... You gotta get used to this market tother wise there is no hope. When everyone around you is bullish or bearish and you don't know what to do, the best thing to do is hodl.
5190  Other / Ivory Tower / Re: The Jet Cash coffee lounge thread. on: September 26, 2019, 08:41:42 PM
Yeah a lot of the ones i've seen like you to watch when the table is full with the added function that you can bet on the player you think is most likely to win so that probably works well
Never bet behind.

No I meant it works well for trying to count if they allow you to watch the tables.
5191  Other / Ivory Tower / Re: The Jet Cash coffee lounge thread. on: September 26, 2019, 08:28:41 PM
However, in many online casinos, you can simply hop in and out, and at some of the places that I've played at, I can just do a "seat reset" by quickly 'standing up' and 'sitting down'. This saves my seat for the ~2 or 3 rounds of idle time.

Yeah a lot of the ones i've seen like you to watch when the table is full with the added function that you can bet on the player you think is most likely to win so that probably works well as long as you can get in quickly (for card counting, the house edge from the simulato will factor in the time you're sat at the table and the true count never turns positive or it is only positive for one or two hands and you're sat there for the rest of the round with the odds against you)...
 
5192  Other / Ivory Tower / Re: The Jet Cash coffee lounge thread. on: September 26, 2019, 08:20:29 PM
It does work. But not as efficiently.

Most online places will have 8-deck games with a penetration of 4 decks. This means that to beat the variance you have to be quite lucky.

The highest true count I've ever gone up to (for only a few rounds) is somewhere around 8 before I got shuffled away. This was over the course of scores of hours, over multiple tables.
Gamble for fun and adhere to basic strategy. Count if you want to... but it will detract from your enjoyment and if there's a marginal gain, it's not worth it.

(I believe it's somewhere like $5/hr with a 10K bankroll in online play)

Ah, I've been watching youtube videos recently from a guy that had a film about one of his teams (called the "holy rollers") and it's quite interesting. I have a long break next summer so I ought to practice counting over the year and try to test my skill at some point. He seems to think you should be able to make 2%/hour with a risk of ruin at 2%.

I thought I'd come back to this quite to say I found a blackjack simulator online and it doesn't look like you can beat an 8 deck shoe with 4 card penetration as the simulator says the house edge falls to around 0.28 (from about 0.7%) but isn't completely nullified (but I'm not sure on the accuracy of that simulator but it did have a lot of detailed analysis (and it was just playing with a bet spread of 1-20 so 1-100 or something might yeild better - but it did have ~440k hands played so the randomness was probably accounted for).



The guy I mentioned was from blackjack apprenticeship.com, they do have a free course and he seemed certain you don't have to pay for the course unless you want a consultation and a few extra things thrown in... There's a lot of resources on card counting.
5193  Other / Meta / Re: And the yobit.net campaign is back on: September 26, 2019, 07:09:39 PM
What if you post 20 anyway, with or without a signature. Does the signature make your post any better or worse without it?

That's an extreme hypothetical and in no way applicable to Yobit. Last time they did this we saw hordes of long-dormant accounts wake up just to shitpost.

Actually there were a few good accounts that didn't get banned.

It was a very low number but still. And the pay from them is actually not bad when you compare it to a lot of the campaigns on here (bitmixer had a similar style but I think they had someone moderating and could afford a lot more in pay)... Their support was awful though sometimes...

shady

With the "invest box", "rise-only market" and an "8 btc value coin" I think that's a bit of an understatement (the coin was only at 8btc for a couple of minutes but still)...
5194  Bitcoin / Legal / Re: Why Coinbase can't provide accurate tax information to millions of users on: September 26, 2019, 06:48:52 PM
I've completed thousands of tax returns and I have to say, dealing with cryptocurrency transactions is somewhat onerous, especially when compared to stock brokers who send clients a 1099-B with reported cost basis.

Once you start mixing in spending on goods and services, altcoin trades and several different exchanges -- some of whom don't provide adequate records or if they do, in really bad formatting -- it can become overwhelming. Coinbase actually has one of the better formats for filled order history that I've seen.

Do you not just report one figure for capital gains?

We do that here (afaicr), it's why I don't go through my history on every exchange and instead just tally up the assets I have at the end of the year.

Gains = Assets from this year (at close) - earnings - assets from last year (at close)? Trouble comes when you have to try to come up with the fiat value for what all your gains are at the time you sold holding for them but generally a monthly average should suffice if you can remember for the large trades (For the small ones I wouldn't worry, a best quess will suffice or if you feel paranoid you can always go with the highest price of the year (or 75% of it) if you want to cover yourself.




I made a thread recently about portfolio managers and blockfolio does pretty well at tracking what you trade when you import data from an API (but it keeps updating rates after a trade is complete as it stores the fiat rate) but it's something to consider if you want a more accurate overview (other sites must do the same too) make sure the keys are set to read only though
5195  Bitcoin / Bitcoin Discussion / Re: Is Bitmex to blame for the price crash or is it the darn futures? on: September 26, 2019, 06:22:13 PM
Where do you hear these people saying it would go down, Twitter? I saw one person on Telegram who said that but it was after the fact.

Err, it was someone I know on telegram. I think one person doing TA on youtube predicted it but he uses just TA so a lot of the time it's not an accurate view and he stays a bit too neutral on things a lot of the time (although he's expecting another move down too)...

Most people doing analysis are really awful (especially ones on youtube) as they're too biased for it to go to the upside (because they have a stake in it) so they tell everyone to buy and then it falls...

Anyways, if they can predict these kinds of market moves accurately, they would be rich beyond belief. Let us know poor fellows to these accurate predictions so that we may be rich Smiley Just kidding. I have seen many who predict one thing correctly, then shits the bed on the next one. If people could predict the market accurately most of the time, they would not need to write on any platform, they would be on a tropical island.

They probably do like me: I can either trade something or accurately predict it but can't do both at once Grin.



The thing about the futures, didn't DragonMint buy the ASICBOOST patent and then open source it (I thought they bought it for somewhere in the millions of dollard - 45)? If they can do that just to keep the minig open source and avaliable to other producers then this community can do quite a lot more damage to areas it doesn't like...
5196  Bitcoin / Development & Technical Discussion / Re: A PIN and PoS powered Lightning Network proposal on: September 26, 2019, 03:44:24 PM
I want this thread to be a technical discussion, so I didn't post any link in case it maybe seems like an ad. I will PM you the github link.

We're all happy with you posting your github link here (everyone here knows what github is) - it might give us an insight into the architecture you're thinking of.

There are incentives in the PoS, the nodes staking some coins and would be slashed if they did evil things.
I'd assume there'd be a fee system like we have for the current lightning network, even if it's just a few sats.
Do nodes also have to trust each other with the staked funds (otherwise the main bitcoin chain would have to be changed to encorporate something like decred has with staking pools with a 1 of 2 multisig but the coins can't be spent by either node until the contract is over and the coins are awarded to the first address in the multisig - this'll be hard to encorporate on the bitcoin blockchain).



IF the user were an additional part of the network then I could see this working out but multisig atm is limited to only 15 signatures (if I'm not mistaken, unless that's just a soft limit software like electrum encorporates?)
5197  Economy / Currency exchange / Re: Looking for a BTC to £GBP Buyer with reasonable fee on: September 26, 2019, 02:22:53 PM
Use pro.coinbase.com? They charge 0.15% maker fee and 0.25% taker fee (take a look here: https://pro.coinbase.com/fees)

If you kyc'd on coinbase then you can use pro.
5198  Bitcoin / Legal / Re: Why Coinbase can't provide accurate tax information to millions of users on: September 25, 2019, 08:39:24 PM
Is it not enough to download your transaction history and try to sort this out yourself, or better still, keep a running count of how much in value you have put in and how much of value you have taken out.

It's helpful to only use one or two exchanges for depositing cash onto as you can calculate your losses much more easily then (and you don't have to kyc in so many places).
5199  Economy / Exchanges / Re: Discuss on: September 25, 2019, 08:22:55 PM
Poloniex have USDC.

https://coinmarketcap.com/currencies/usd-coin/#markets

If you want an exchange that accepts both, I'd suggest binance.com or coinbase. Since poloniex is the only one listed to have usdc on cmc and it doesn't have dai but binance and coinbase both do.
5200  Bitcoin / Bitcoin Discussion / Re: Is Bitmex to blame for the price crash or is it the darn futures? on: September 25, 2019, 08:15:53 PM
Right now more and more discussions relative to the price crash will happen. Some state it as the cause of bitmex, some state it because of Bakkt and very few believe this is common with the bitcoin.

Most people I've heard from have been predicting a fall for at least a week (and they said that before the crash). The 200 day EMA was going to come into use at some point as it is quite a significant level in the stock market and if people keep wanting to do TA here then it's not surprising we fell that far.

The price on binance fell from $9600 to $8500 in 20 minutes (most of that happening in a 5 minute candle - I can't go back to the minute chart) I bring this up as on CMC their 24 hr volume was at $750m and ranked second (a lot more than what it normally is - probably at least 8x afaik).

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