He is not Satoshi Nakamoto, why? Here is one clue.

Look at the very first transaction that took place, basically Satoshi sent Hal 10 BTC to this address

1Q2TWHE3GMdB6BZKafqwxXtWAWgFt5Jvm3

Now that address belongs to Hal. It had a transaction in 2017, years after his death, it sent 0.0343BTC somewhere, probably some exchange. Most likely its his family member who made the transaction. That amount is only $300 or so.

If he really was Satoshi, his family would have access to 1 million BTC and most likely from time to time be selling 50 BTC blocks worth half a million instead of only $300. If you had over $10 billion, would you go thru the hassle to claim $300?

This doesn't make sense. He is not Satoshi. This is only one reason of many.

I think that the only time when Bitcoin search interest exceeds the one in late 2017 is if we hit another ATH again and never before. We had a big rally back in 2019, however most people weren't interest in bitcoin anymore. The bitcoin halving search term doesn't mean much, it could be regular users like me googling it to check what day it will occur on. Doesn't mean the price will rise since the amount of searches for halving is rising.

I asked a few people in 2019 after the rally to $13.8K and see if they were still in the game. Most just went to trade stocks and weren't interest. We need Bitcoin to break $20K, and head to $50K and be on every news and newspaper everyday and that will result in a new higher interest over time on Google trends.

Mid-range I would say RX 470/480/570/580 8GB for $100 second hand on Criagslist. If ETH keeps pumping you better buy those GPUs fast before the miners stop selling them and start mining with them again.

From what I can tell the most profitable coin right now is ETH as it has been since Q1 2018. Coins like XMR are more CPU based and the rest all got ASICs running on their networks. Not too much you can mine with GPUs anymore these days.

One thing I might do this time, if we ever hit some crazy number like $500 ETH or $1000 ETH is I will just short hedge it with a margin broker like Bitfinex or Bitmex and just protect myself against any price crashes to ensure I can mine for the foreseeable future.

Can you imagine if your shorted a few hundred's of ETH at $1400 in January 2018 and just closing the position little by little as you mined it bit by bit. Instead of making $0.29/per day/per GPU you would still be making $2.75/day/gpu irregardless of the price.

Only issue with this is if it goes actually POS and you can't mine it or it reduces the issuance again. So the price you can control but not the difficulty or the miner supply.

When did you play last on Satoshidice? Are you an early adopter from like 2012? Because Satoshidice was originally created by Erik Voorhees. It was sold sometime in 2013 for around $11 million or so.

Since then it has changed owners at least once and this is why its having issues. I think most of the issues with the new owners are mostly due to poor support, especially in this forum. Sometimes months would go by before some mod chimed in with an update.

Its pretty sad because Satoshidice is what made dice bitcoin gambling so popular, without Satoshidice there might be no such thing as "dice" betting in crypto. Instead we would play other games like "The lottery" or "Head or Tail", etc.

You need to stop creating a new thread for every single bitcoin casino that you review on your site and instead just create one thread with your review website which would include the reviews to all the casinos.

So far I noticed you created a thread for DuckDice, Legends of Cleopatra, and Betchain. Since there are 100's of Bitcoin Casinos are you going to thread 100's of threads? Eventually all of them will get locked or deleted.

Regarding your writing skills, I've read your DuckDice review and didn't find any errors and could understand it no problem. No idea why the above posters said it was poor.

Yes I also like where the market is headed and I am glad I didn't sell all my GPUs yet. Seems like the profits right now with 10c power are "ok", not the greatest but if you got tons of GPUs then it might be worth while.

I was actually rebuilding my rigs back in June 2019 when the alt markets were rallying again and basically less than 1 month later the profits were shot down and been pretty bad since then. Would be nice if we could stay at least >$350 for the next few months or so. Because the difficulty obviously will keep rising and people will keep scouping up cheap RX gpus on Craigslist to mine and the difficulty will keep rising every day until the profits vanish.

If we get >$1000 ETH or ProgPOW then obviously the profits will be great once again however I am not sure we can reach that number. Hopefully we break the 2019 high for ETH this time around and head into the +$500 area for ETH and other alts like XMR.

Seems like the OP was actually active on 8th of Feb but didn't bother to even post a single reply. So I am assuming he just posted his website address and hyperlinked it to get some organic google traffic to his site.

Its been maybe 10-15 years since I did SEO (search engine optimization) but from what I remember the more websites that have a link to your site, google thinks its "important" and moves your link higher in the search results. So if there are like thousands of pages which seems to mention "luckydragon.us" then google will think "The site is great" and keep bumping it higher and higher. If a university or government domain links to it, then its even of higher rating.

So he most likely joined 1000's of forums and posted this one sentence on all of them and is just waiting a few months until he gets some retail traffic from a google search.

Either I am having dejavu or this website was already launched on the ETH network a few months back and everybody said it unfair and not gambling since it wouldn't be based on luck but instead size of bankroll. I am too lazy to search but it was posted sometime in the last 6 months or so. From what I remember it had like 2 rounds before the thread was forgotten about, never really took off.

One of the main reasons was that it was unfair to the small gamblers and it would promote cheating since a large whale can just use a bot to send his BTC until he wins. And others said it wasn't a "lottery" or "gambling" since it wasn't based on luck or strategy like dice or poker but instead it was based on bankroll. If a whale has 1000 BTC and he is challenged against a few people with 0.01 BTC, obviously the whale would win.

I had to check the date twice to make sure my eyes weren't playing tricks on me but I am amazed that this casino actually was based on the LN back in 2018. From what I can see how many other LN casinos has there been? I can't think of any that are active till this day. And pretty sad that there is almost no adoption to LN in the gambling community.

Like I said in another thread, I think unless there is a major reason to use a LN to send transctions most will just send BTC transactions using 1sat/byte. Currently there is little to no need since the fees are relatively low and people don't want to take the time to learn how LN works or start a channel.

I think if lightning roulette was launched sometime in the future it might of been more active then it was for the last 2 years.

The cheapest way to buy it on leverage would be by a futures/derivatives exchange such as Bitmex. Currently their fees are only 0.075% if you are a taker or they pay you 0.025% if you use a limit order and provide liquidity. So basically you are getting paid to buy it as long as your order fills.

Now there are 2 types of contracts. One is called a perpetual contract and it has funding rates every 8 hours and the other is a futures contract.

The Perpetual contract is currently priced slightly above the spot rate due to huge demand for BTC however only by $10 or so. While the futures contract for March 2020 has a $300 premium and June 2020 contract has a $550 premium. Why is the premium so high? Due to high demand mostly. But with the futures you don't pay funding fees every 8 hours which currently only favor shorts.

You can use up to 100x leverage which I wouldn't recommend, use maybe max 5x or so. Anything higher and you can easily get liquidated.

Profit is a relative term. If I told you that you can make $0.20 per day of profit per GPU would that be enough for you? For some maybe, for most not so much.

Zcash actually has ASICs already so that is out. ETH is half ASIC and half GPU. XMR is more geered towards higher end CPUs.

So your best bet is to mine ETH. Currently with a RX 580 8GB which you can buy second hand for like $100 will net you $0.20 per day per card. Your choice if you think its worth it.

Keep in mind if ETH goes down in value you make even less. This is assuming you have $0.10 kwh power.

Here is the issue with most <600 Watt power supplies when it comes to more than 1 GPU per rig. Its actually not the amount of power that they can put out, its that they usually only have 2 PCIe connectors either 1x6 pin/1x8pin or 2x6pin or 2x8pin.

Looking at the specs for the RTX 2070, its thermal power is somewhere >225 Watts so I am assuming it requires 2 PCIe connections hence with 2 cards you would need actually 4 PCIe. And if you look at most PSUs that are less than 600 Watts they usually have 2 or less of these connections.

So even if the power requirement is enough, you will run out of connectors.

In my opinion I think the entire way that the crypto exchanges and services do KYC is wrong and should be actually done by a 3rd party instead. Look at how many exchanges in the past did shady things and imagine how the KYC'd customers feel about their info being out there?

What bitcoin exchanges and services should do is something where the actual verification is taken by a trusted company and that company actually keeps all the private info and the actual site like Stake.com in this matter wouldn't actually see these documents unless deemed necessary. This would eliminate alot of the liability reasons and fear of getting personal information leaked online somewhere.

I think if BTC price keeps rising and adoption keeps rising then we will eventually maybe one day see this happen. Then people wouldn't be so scared of KYC as much.

Generally the way most casinos who had faucets in the past or who still have faucets now, they usually don't lock faucet abuser accounts UNLESS they attempt a withdraw. This is why a year back when many sites started to do this, many "newbie" accounts on Bitcointalk started to complain that they gambled for "hours or days" then tried to attempt a withdraw and the withdraw was declined.

I think this is a strategy that they do, so people don't even try and abuse the faucet because it takes "hours or days" to generate enough BTC to make min. withdraw which might actually never be transacted. Since they started to do this many of the faucet abuse actually declined.

Yes I know its not nice to "waste faucet abusers time" but if they automatically banned faucet abusers accounts at the beginning then they might actually ban someone who actually was legitimately using the faucet and would later do a real deposit.

We don't know for sure If they will actually launch ETH 2 in the middle of the year which is pretty much only 4 months away now. The ETH foundation is always late for many of its releases and I wouldn't be surprised if it's delayed yet again.

And even if it comes on time, it won't be full POS, it will most likely be a hybrid type of mining where it's part POS and part POW, so the miner rewards will still be there but maybe a reward reduction like we had in the past.

If they actually do go full POS in the summer then, obviously mining will be completely dead for all miners since the market cap of ETC and XMR is just too small with the amount of ETH daily miner reward. If this is actually confirmed, most will start to sell their GPUs before the fork actually takes place to go full POS.

Right now I wouldn't worry, ETH was suppose to go POS in Summer of 2016 actually.

There are more risks to mining at home as to say some dedicated warehouse. One of the issues that I was always worried about was burning the house down. It never happened but the amount of exploded capacitors, melted PCIe cables, melted SATA cables and exploding PSU made me very cautious.

Another issue I had was security, especially during late 2017 and early 2018. Back then most ETH mineable GPUs were going for maybe $500 each, and if someone saw that you got 100 of these in your place you could easily get robbed. Hence you had to do it stealth and with the huge heat and loud noise, it wasn't always easy.

The last was obviously the fear of massive difficulty jumps and massive price crashes, however even farms have to deal with this issue. And most GPUs will always hold some value so you won't lose everything, just will be a pain in the butt to sell like right now where there is a lack of demand for GPUs and gamers nickel and dime you constantely.

Basically it all boils down to what risk and reward you are willing to take. Basically Bitcoin is a much safer and higher probability trade because it has the highest chances of being around in a few years and going up in value however keep in mind that the gains won't be exponential. We probably won't get a 100x move unlike some coins like Ripple which had a 140x in over a year.

However with those alts keep in mind that many right now are at over 90% losses from all time high while Bitcoin is only 50% from all time high. I think the best approach is to own a portion of each, some Bitcoin and some alts in case they go big. One issue is that many alts right now, especially the large caps like BCH or LTC aren't really cheap to begin with. They were best to buy in a bear market and not now.

It's too early to say in my opinion, first we need to break the 2019 hit of $14K and then we need to break the all time high of $20K and depending what happens after we can make a prediction if it will hit $100K in less than 2 year time.

The best play for this would be to buy some long term options but even on Deritbit they don't go that far and the call value is not that high. Would provide a very good R/R because right now at $10K a $100K call option would be pretty much near free. Similar to how people became millionaires with the >$500 call options on tesla if they bought them earlier this year. There was a thread on Wallstreetbets were someone made like $1.4 million when Tesla hit $900 a few days back.

Before we hit the $12K we need some type of correction first. The open interest and funding rates for futures are starting to get really over extended. I know we all want Bitcoin to get 20% days but keep in mind that usually means it's a blow off top and will reverse into bear market territory.

Best is to get a healthy correction, lower the open interest and reset the funding rates while people take profits and new people start to buy the dips. Because if we start getting massive $1000 red candles people will be scared to buy the dips and we will fall further.

See what happens at the CME open, since there will be a gap and see if it gets filled before resuming up trend.