Good collateral that will be accepted by most (including myself) is altcoins with relatively stable values (such as DOGE/LTC). You'd have to offer about 110% in order to protect the lender from any price fluctuations and escrow is available if you don't trust the lender (better to deal with veteran members).

You don't have enough trust/reputation for people to take your loan request seriously. Just like a bank generally offers loans secured based upon other assets, you are only going to get this loan if you have some collateral to offer. Since you do not have either I would be fairly sure you won't get this loan.

There is no difference in this betting for you and you betting yourself. All it does is automate the process of martingale - which will eventually bust you depending on how big your bet size is compared to your bankroll. I have no doubt some people will have had 'success' in the short term, but as with all gambling this is entirely luck so you may fail on your first attempt.

Well the answer is the same answer as pretty much every single question about why people lost. It's just variance. People are foolish to think that variance occurs over a set period of days, it can occur for any period in the 'short term' which is any point in time that is non-infinite.

So far the responses in this thread have been pretty much spot on - no matter what psychology you're using to explain it, it should be irrelevant as your profit will trend towards your house edge eventually. Not to mention the idea of having 'pre-funded' accounts might not take into account people like myself who if actually given +EV would be more than happy to pound the casino in the long term for profits. If I've actually got an edge no reason you couldn't just abuse it via botting all day long and eventually approaching your 1%. Unlocking +EV after losing a certain amount is interesting, but once again unless you cap the +EV such that it ends after a certain period it's completely open to abuse.

If you want to stay in the loop for good value game deals I would suggest you check out http://www.reddit.com/r/gamedeals subreddit. It's quite active with deals published as they come out - some users also do some analysis compared to past prices to see if it's a worthwhile purchase.

Well they've clearly logged in today but haven't posted anything since the 2nd June. If you don't get payment sometime soon or at least word of it then you'd probably be safe in assuming it's a scam. Not to mention, they've been having some issues with paying people on the site.

Yes, just send them to the address generated by Electrum. A watching only version is basically a 'wallet' that monitors the incoming transactions of specified addresses without actually offering the ability to send out transactions. They are used in cold storage mechanisms where you want to see how much you have without compromising security - and you can create txs online then sign them offline then broadcast them online, which means your safe.

Please tell me that you have a back up of that wallet somewhere else as well just in case the Blockchain service goes down? And you've tested it to make sure that you can decrypt the wallet as per stated on the site into a usable format? I would highly recommend you do both, I personally downloaded my wallet and had one of my private keys different in my wallet compared to the online site and to this day I'm still not sure why that's the case.

Either way, I switched over to Electrum and could not be happier, far more secure and you can actually run a proper cold storage setup.

If you are getting an error message then it's probably something on their end - but if your just locked out it could possibly be you have mistyped. I'd say try again and if it doesn't work assume their down. They've been having issues all day (and a few for the last week regarding txs) so I'm not surprised if they're doing some quick maintenance or the likes during off-peak hours.

Unless people are stalking all of your payments or you are completely paranoid about your anonymity, having a single address linked to your account isn't really going to compromise your privacy - after all you can simply create a new address and have your coins mixed and sent to that address. Depending on how many iterations of mixing you go through it'll near to impossible to actually work out where the coins went.

No single entity would have enough mining power to force a change at this point in time. When a change is suggested by the developers, nodes and miners have a choice to either accept the change or not. Depending on what the majority do, that is what is considered to be the real fork and what the others do will be considered an alternate chain. This hasn't happened thus far - so far the developers haven't placed any crazy/radical new ideas into the code so miners and nodes haven't had to think too hard about what they should support. But you can bet your bottom dollar that even if a malicious entity popped up people would stop using that chain and instead follow the other one, effectively rendering the chain run by the nefarious entity useless.

125 Euro is a bit steep considering you can get a Model B Pi $40. And SD cards aren't that expensive.


Nothing wrong with that computer, you might want to make sure it has the battery life your looking for and whether new batteries are still sold for it. If your set just to run Electrum, then an older Android phone would probably run just fine with it - but yeah you obviously don't get Windows and probably no disk encryption.

Transaction fees are fine as they are at the moment, as they are proportional to the size of the transaction and hence are fair. Miners *should* be accepting fees based not on the absolute transaction fee but rather the fee relative to the size of the tx.

As for the second, it achieves nothing except consistently devaluing Bitcoins. Why would we need that?

Most probably the difficulty retarget wasn't great enough compared to the rise in hashing power. The difficult is designed to change every now and then to try and ensure that blocks are found every 10 minutes or so, but if there is an under-prediction then it may not be so. Also, with anything luck based there's always going to some variance which leads to a deviation from the expected value.

You have things completely mixed up. Bitcoin Foundation =/= Control over the implementation

The reality is that miners and nodes will accept and implement changes that they agree with, so even if the developers decided to do this (which they wouldn't) unless most of the nodes and miners accepted this you'd never actually get a change. Not to mention that the Bitcoin Foundation has little to do with actually how the protocol is implemented - they more of a fake 'voice' for Bitcoin that is basically charging exorbitant fees that supports leechers and in return you get nothing.

If you change the currency value in the box on the right and you change the formatting options you can easily change the currency into CAD or USD or whatever you like.

A raspberry pi combined with a battery pack and a case would work out for these - except you'd need a screen, mouse and keyboard. Depends how portable you need it to be I suppose. The Pi would set you back about $30 and depending on the other addons you would probably spend about $100 all up.

Alternatively you could buy a cheap second hand notebook, but the battery life probably wouldn't be that great.

As far as I can see, Purse.io works on the premise that you purchase Amazon goods for someone else. When that person has received those goods the escrowed BTC are released to you, hence you are effectively able to purchase BTC with you CC, as you can buy goods from Amazon using your CC.

Do you guys want to accept Bitcoin for Bitcoin, or Bitcoin to convert to fiat as an alternate payment method?

I'm not too familiar with this (I don't run a business) but I would think the best way would be for you to contact BitPay - they generally offer an API and help for merchants to integrate Bitcoin acceptance into their online store/business. Alternatively, you could set up your own set of hot/cold wallets and create a set of commands based around that, but generally it's not as safe (there have been hacks in the past). With BitPay the only thing you'd have to worry about is that they don't steal your coins - but considering their a pretty big and reputable company that should be here for the long haul I don't think their going anywhere any time soon.

Sure, it's either you or Tomatocage - although I'm not sure how much time he has anymore, so it'll probably be you. 

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Anyway, gave out another loan to cxboyminer. Still offering loans!