I took a quick look at the logs and I am wondering if you were using some type of bots to make these bets. Its certainly possible to make 2943 bets by hand however from what I can see the bets are spaced apart by 3-6 seconds or so. I haven't found any large gaps in the logs which might indicate you took a break to go to the restroom or what-not.

So I am assuming you used some type of bots and maybe you forgot to shut it off and it kept betting for you by mistake until it drained your balance. Did you use some type of API with a custom made bot or were all these bets made manually with actual mouse clicks?

This is the only thing that makes sense.

The all time high of BSV was around $250 or so and we almost hit $210 today so most likely we might retest the $250 or at least come close to it.

However you need to becareful with this coin due to its highly news driven speculation. Most people are expecting for Satoshi to reveal itself and replace BTC with BSV, there is a small chance of that happening and yet investors are still buying the coin.

I also think its pumping purely due to the large amount of BSV short positions held on Bitfinex, the price almost doubled within the past week and many are getting nervous due to the upcoming news.

First of all there is a small number of alt coins that you can short. They usually are in the top 25 or so in the coinmarketcap list. You can't short those small cap coins which are sittin at -99.99% losses from the ATH peak of Q1 2018.

Also you need to be careful shorting. There was an individual that decided to short DASH at around $100 early 2017. The price was basically around $5 the year prior and it had major resistance at $15 that it broke, so he figured it might go to $150 or $200 or $250 max before heading back to $15. And basically he ended up emptying his entire Poloniex account due to the margin call, he got liquidated at like $1000 or so, it was a small leverage short.

So becareful shorting altcoins.

Due to these hearings most of the Bitcoin Forks are all pumping. Bitcoin SV pumped almost 100% recently due to this news and it doesn't stop there. You guys probably forgot about the smaller bitcoin forks like Bitcoin Gold and Bitcoin Diamond, they are also up this week by 30% and 25%, respectively. All of them are even outperforming Bitcoin Cash.

I am beginning to think this might be short covering on BSVBTCSHORTS, shorts are at almost record highs at 30K BSV and it seems they are getting nervous due to this news. So I guess this will keep happening until Feb 3rd to when the response is made.

Keep in mind that BSV doesn't have large liquidity, so its easy to move price based on news such as this. Either way becareful trading that coin.

Its pretty crazy that there are sites out there that are trying to pull these cheats. Since almost every casino has a house edge, eventually they would turn a profit, doesn't really make sense to cheat. Unless they are greedy and want a bigger slice of the pie instead of the small 1% house edge profits.

I actually always wondered what % of people actually verify their bets. Most people on Bitcointalk are pretty technical and they probably check their bets from time to time. However most new people probably have no idea what "provably fair" even means let alone actually check their bets. Its probably why sites like 999dice and this one get away with these tricks to profit off the less informed people.

I'm chiming in here because I got the PM back from Megadice and I am glad that they finally decided to respond. However one thing that needs to be improved is the support time. I've sent the PM to Megadice on November 27th and its middle of January now. Its too long to expect a reply and also the silence in this thread made many people question the legitimacy of this site. So in the future you really need to respond much quicker or hire some part-time support staff to handle certain issues in a timely manner.

Regarding the gambler who kepts on gambling and lost. I think its up for debate. From what I recall, he made like 12BTC, tried a withdraw, which failed, and kept on gambling until he reached 19BTC, before attempting another withdraw. So its certainly possibly that he kept on gambling and lost it all. However I don't understand why he would of kept gambling when he realized that he couldn't withdraw his 12BTC winnings initially.

So someone here needs to provide some type of proof whether Megadice is at fault here or if the gambler never actually gambled away prior to his 19 BTC balance.

I think one of the most effective advertising for Bitcoin was when it was used in "The Good Wife" and "Mr Robot" TV shows.

The Good Wife was actually pretty big because almost the entire episode was based on it, and this episode aired back in 2012 and this was actually way before I've even heard of Bitcoin. It brought many people who got curious about what Bitcoin is and Bitcoin might not be where it is today if it wasn't for that episode.

Another is when it was mentioned in Mr Robot TV show, this was early in 2016 before the crazy 2017 fomo rally. But many of my friends saw the show and ended up calling me and wanted more info about Bitcoin.

Now its mentioned almost every month or so somewhere, whether good or bad. However those 2 TV shows really were positive for bitcoin.

The first miners of the first bitcoin client most likely used the miner built into the bitcoin software. I've done this before with many alts. All you do is go to the console and type in "setgenerate 1" and it will use 100% CPU usage and eventually will find a block.

This "setgenerate" was removed many years ago from Bitcoin for obvious reasons. There are some alts which have it in their source code and you can use that feature however those coins usually end up getting a dedicated CPU and GPU miner software soon.

Then I am assuming there was some Bitcoin CPU miner which was more optimized before the GPU miner software was introduced, and the rest is history.

We need more info here to give you more advice.

Basically if you got free electricity (which you might not) you will only make around $0.30-$0.40/day/GPU. If your electricity rate is $0.10kwh USD then you will make maybe $0.01/day/GPU.

So I am assuming your plumbing business will be used as a write-off to pay for these electrical bills? Maybe check with your accountant if you can do this first. Because it would seem suspicious for your yearly electrical bill to go from $1000/year to $10,000/year.

Regarding the ASICs, they are easier to maintain and set up but they are as long as a vacuum. If this is inside an office then you won't be able to get any work done

This question has been getting asked since 2016 when ETH was suppose to go POS in Summer 2016 and we are still waiting for the transistion.

Basically, if it goes fully POS then you can't mine ETH anymore. So all that hash will need to shift to other mineable coins like XMR. The problem is that ETH has a large daily miner reward that no GPU mineable coin at the moment can reach, so most likely every non-ETH GPU mineable coin will have huge difficulty increases and nothing will be profitable to mine and everybody will just turn off their rigs and sell their GPUs in eBay.

No I wouldn't say its over yet, I would say maybe we have gone from bearish to neutral. Why?

Pull up the 2017 charts and look at the daily in April and July 2018, both of those had similar patterns were it broke a previous daily resistance and people assumed a higher high would be made only to have stall a few days later and retrace and eventually go to a new low.

If you don't want to get caught into this pattern wait until the $10300 breaks because it would be the 2nd highest high since we broke $7900. But right now I would remain neutral.

I agree with those charts and all but it doesn't really help because you have no idea where the bottom will be.

Basically we hit $6400, had a double bottom and now looks like we might moon. However many are expecting the $5500 area to get retested because it needs to test the 200 WMA. And what if the $5500 is not the low, what if it goes lower to like $4000.

Any of these prices could be the bottom of the cycle and it all depends on when you buy. Some can buy at $6400 and sell at $4001, some can put in a buy order at $3999 and it never will reach their price and start to moon.

So its a fundamental way of trading it doesn't really help because nobody can predict the bottom of a stock market or a bitcoin market.

Since you are a new trader its considered normal to lose money. Just be lucky its only $4000 because if it was $40,000 or $400,000 you most likely would of lost the same % of money.

What you said its fairly typical of most new traders. They basically get lucky and think they know the markets well and they take larger and larger trades until they get into a losing streak. Then what happens they start to lose their profits, and then their initial investment and that's when fear comes in and it causes even more losses.

Gamblers and traders for some reason don't mind losing profits but they hate to lose their own initial trading funds. And they will overleverage themselves "Just to break-even and quit" however most of the time they end up losing more and more and end up blowing up their accounts.

This is not how it works. If anything the opposite might be true.

Like a few posts above, hashrate follows price and not the other way around. Think about it this way, when the hashrate is higher, so is the difficulty and the payout is lower for the same amount of work put in. So if miners need to sell BTC to pay for hardware and electricity then the price of BTC might decrease more than if the hashrate was lower, and rewards were higher and miners would be selling less to just stay in the game.

That chart is mostly what happens when new technology comes out and miners become more efficient. Even if price remains flat for the next few years, the hashrate will keep increasing. Hashrate will most likely never decrease.

Elon Musks net worth is around $30 billion. I highly doubt he would be posting a positive BTC tweet and at the same time going long on high leverage on his bitmex account just to make a couple thousands bucks. Doesn't make sense.

Also the way that SEC laws work, if you are invested in some company or stock, you can't endorse it without saying you own stake in the company, its illegal. Remember the show "2 and a half men", Ashton Kutcher in one episode had a sticker of some company that he hold stock in, after the episode aired he got into trouble and they had to modify the episode afterwards.

I don't see what the issue is here exactly, they paid you, why is that a problem?

From what I recall, Ethermine I think has a min payout of 0.01 ETH and they automatically pay out any balances that reach >0.01 ETH if no payouts were made in the past 7 days.

Over the years the payouts change from time to time depending on the price of ETH. I think the payout back in 2016 for ETH was like 0.10 ETH because ETH back then was like $5. And maybe during the peak at Q1 2018 the payout was even less than 0.01 ETH however I am not sure.

Why didn't they just include it in the past 2 ETH forks which all occured after the audit results came out? If they weren't serious about including it because POS is soon then why waste money paying for the audits. If I understand they had to pay 2 people, one for the software audit and another for the hardware audit.

The ProgPOW algo is currently working on certain coins, so I don't think it would take too long for their long list of devs to include it into the next fork. Basically I am storing my RX series GPUs in the off chance that maybe we will get back those $1/day/GPU profit days however seems that I should just craiglist those GPUs before they become obsolete completely.

There really isn't much interest lending BTC unless you are doing something risky and sending it to someone who "promises" to send it back. The real money is actually lending USD or USDT or even synthetic USD.

Basically if you look at the funding rate for Bitfinex USD its around ~10% per year, and same with the lending rates you get by lending tether. You can also basically sell your BTC by shorting the perpetual futures on Bitmex and you on average get a rate of 0.03% per day which is about 0.9% a month which is over 10% a year.

You won't get these interest rates at any bank or even by the average SP500 indicies rates for the last few years. Lending BTC on the other hand is not profitable, better just hodl it.

Next week I think the CME will finally launch Bitcoin Options so you guys can start taking bets there pretty much speculating if you really think it will hit $20K or $100K by the end of the year.

Since the futures platform is regulated you don't need to worry about issues with empty insurance funds to cover the losses if BTC indeed does have a crazy rally from here to about $20-$100K.

However you will see when the bitcoin options launch the premium for crazy calls like $20K+ are all going to be cheap because many are fairly confident that it won't reach that high.

So buying these options is more of like a bet, basically low probability, low risk but very high reward if it actually works out. Kind of like playing dice on 5/100 odds.

Its pretty crazy that its been 6 years since this coin launched. I actually remember when it was launched back in 2014, it was one of the few coins that I started to mine.

I remember it was unique compared to other mineable coins like Bitcoin or Litecoin or Dogecoin and I remember that the first days of launch there was people calling it a scam due to the premine, the premine was actually pretty small like 0.5% or something. I remember people were saying that the dev would send those coins to Crypsty or Mintpal and dump the entire premine. Pretty crazy days.

Being active after 6 years is still amazing, especially in this crypto industry. Basically Digibyte survived 2 bear markets actually. Probably less than 1% of most coins are still active over 6 years.