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561  Economy / Scam Accusations / Re: Scam alert : Do NOT INVEST in Genesis Mining on: July 13, 2016, 07:48:49 PM
hi i was thinking of buying 2.5 TH/S on genesis mining and i saw that your contract got removed and stuff. BUt i also saw one more thing you bought 1Th/S for 419$ and now i am getting 2.5TH/S for 425$.
Second i checked the fees as i will have 2500GH/S and fees is 0.0004 per GH/s so the daily fees i will be getting is
2500*0.0004=1$
i checked on https://alloscomp.com/bitcoin/calculator for earning amount per day and it was 2$
So i will be earning 1$ per day and roi in 425 days. SO isn't that profitable.
Also in the coming the years bitcoin price will increase so it will be even more profitable. You are calling this a scam because the amount of power you purchased is costly. And of course because of halving you lost everthing but now halving will be after 4 years so isn't it profitable. I don't think genesis mining isn't profitable now. If you think can you give me some reason for not to invest bitcoins in it.

Missed the other part of your post, but it goes to the same point. If you think this is a good idea because the price is going to go up, isn't just buying $425 worth of bitcoin today a MUCH better idea?
562  Economy / Scam Accusations / Re: Scam alert : Do NOT INVEST in Genesis Mining on: July 13, 2016, 03:20:31 PM
hi i was thinking of buying 2.5 TH/S on genesis mining and i saw that your contract got removed and stuff. BUt i also saw one more thing you bought 1Th/S for 419$ and now i am getting 2.5TH/S for 425$.
Second i checked the fees as i will have 2500GH/S and fees is 0.0004 per GH/s so the daily fees i will be getting is
2500*0.0004=1$
i checked on https://alloscomp.com/bitcoin/calculator for earning amount per day and it was 2$
So i will be earning 1$ per day and roi in 425 days. SO isn't that profitable.
Also in the coming the years bitcoin price will increase so it will be even more profitable. You are calling this a scam because the amount of power you purchased is costly. And of course because of halving you lost everthing but now halving will be after 4 years so isn't it profitable. I don't think genesis mining isn't profitable now. If you think can you give me some reason for not to invest bitcoins in it.

How many bitcoins can you buy with 425 right now?

Why wait that long to get that many bitcoins from Genesis mining?

If the miners were profitable why would they rent you the hashpower?

Edit:

Also, that link assumes difficulty will stay the same. That is a very stupid assumption. When difficulty goes up your time to ROI goes up.
563  Economy / Gambling discussion / Re: Playing poker is a gambling activity? on: July 13, 2016, 01:40:18 AM
Partially yes.

For example, bluffing is taking a huge gamble. The main difference between professional poker and poker on the internet would probably be reading the cards of the opponents, doing the right betting strategy, et cetera. It it also a psychological game, which takes a lot of time and effort to master.

As long as you cannot predict the outcome, it's a gamble.

Well poker is not just a game based purely on luck. That is why if you can master how to bluff and expose people, you will be able to win a lot in poker. There is already a lot of famous world examples that lives purely on pokers.
I was asking this question in this topic,because i wanted to know what do people involed in bitcoin think about playing poker for money.
I think it is a job also,because if you a successful player who can really play good poker,then it is possible to make a decent income out of it.
I also think that it is very hard to play poker for a living,you need to be pretty much insane in this game,at least that is my theory Cheesy

All of that can be true and it can still be gambling.

Casino owners make their living via gambling. they are gambling every time they or their employees spin a roulette wheel or deal a blackjack hand.

With poker (and running a casino) it is possible to make "good" bets, and then it's possible to be both a viable "job" and still be gambling.
564  Economy / Gambling discussion / Re: Selling pieces of myself for WSOP Main Event Championship (poker- 10k buyin) on: July 11, 2016, 05:49:37 AM
If the 150k you claim to have earned but isn't on Hendon mob us real you shouldn't have a problem selling action when you get there.

I'm out for now, but you would have better luck looking in poker forums because this gambling forum is a cesspool, 95% of the people that see this post won't know what you are talking about.

Keep us updated maybe I'll find some money for next year.

Have you played the main before or any other 10ks?
565  Economy / Gambling discussion / Re: Playing poker is a gambling activity? on: July 11, 2016, 05:45:18 AM
I actually mean playing poker professionally,like taking part in tournament's,etc.
Do you think that it is considered all across the world as gambling?

No. Poker is a skill game. But it can be gambling if you want it to be. Just go all in every hand. Grin

It's is both. You cannot be sure of the outcome (except in rare situations when you know you can't lose) so it is gambling.

The skill part is knowing when the right times to put your money in the pot, but you still need the cards to come out the way you want them to.
566  Economy / Gambling discussion / Re: Selling pieces of myself for WSOP Main Event Championship (poker- 10k buyin) on: July 10, 2016, 09:25:12 PM
Post your hendon mob link for me to think about this.
567  Economy / Gambling discussion / Re: Playing poker is a gambling activity? on: July 10, 2016, 06:43:35 PM
Yes it's gambling.

It isn't the same as dice sit, roulette, blackjack, and other gambling games because it is possible to be better at poker than your opponents, therefore it's possible to make +ev bets in poker, therefore it's possible to win more than you lose.

It's still gambling because a +ev bet does not guarantee that you will win, because the wrong card can get turned over and cost you everything.
568  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ION [ION] | ICO LIVE | PoS 3.0 | Mobile Gaming | Join the ionomy today! on: July 09, 2016, 07:40:49 PM
Thanks for reminding me. Here is the final list of entries for the gawsome $20k bounty:

Code:

      -1 - o0o0
       0 - pixelpowered
       1 - owlcatz
      40 - Franz_Huber
     100 - SAmOS
     500 - markus124
    1000 - Phildo
   10000 - rdewilde
   20000 - korvas128


I won't bother repeating the full rules, basically now we wait a month until July 21st to find out who won.

So excited! Just 10k more downloads to go.. feels like getting closer everyday

Well, I did not get any closer to my goal this weak, but it didn't get worse either! Very positive we will hit 10k soom!

Franz_Huber 24h volume internal exchange 7 BTC. But people are holding their breath until Gravity launches. Probably they have thousands of dollars lined up for after launch.

I'm still trying to figure out how the 24 hour volume manages to be a bigger number than summing the total of all the last 100 trades, when there are less than 100 trades in the last 24 hours. Maybe they are working on some sort of time travel thing that will bring the price to the moon. It would explain that and the inaccurate 1 ion = $0.21 (which is not accurate according to their last trade)
569  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ION [ION] | ICO LIVE | PoS 3.0 | Mobile Gaming | Join the ionomy today! on: July 09, 2016, 05:29:16 PM
Capital IQ is a legit source, the people who maintain those sites you listed would be better fit to answer your question...

holy hell so we should not trust singaporean government to provide correct information about corporations operating on their soil?

Yes, because we all know how efficient governments are at updating their websites, I'm sure adding ionomy pte info is a top priority.  If you really give a shit about the legitimacy of the PTE, call them.  I know the people running ionomy and know they have registered, so personally, I could give a rats ass what some shit ran government website states.

But all in all, thank god for all you self appointed super hero's of crypto, keep up the great work, save em all from them crypto scams!

How fucking dense do you have to be to take the side over Joe Mordica's coworker over the people telling you that Joe Mordica was trying to rip you off?
570  Economy / Gambling discussion / Re: The "All In" Challenge! Don't believe me? Just Watch. on: July 09, 2016, 02:33:34 AM
Win 1 on June 28: .00035 BTC

Win 10 on July 8: .01 BTC

Whining about losing a 1 BTC bet in the middle of a 10 game "winning streak": Priceless

https://bitcointalk.org/index.php?topic=1534593.msg15443788#msg15443788
571  Economy / Investor-based games / Re: [BETA-TEST] Instant Bitcoin Doubler. 4 BTC giveaway on: July 08, 2016, 11:44:43 PM
In my own personal opinion any program that receive funds from an investors and offer them higher returns in a short period is a ponzi but this program is in a beta but takes in payment and tends to doubled it.
Whether the investment is safe or real is a secondary question.

This is not a Ponzi because no coins will be returned at all. This is a reading comprehension and bitcoin network lesson

With zero transaction confirmations doesn't it mean that even his 4 BTC investment would be stuck for some time.
I normally don't invest in such sort of tricks unless I am absolutely certain that I would get my base investment back. Same is the case over here haven't put my money yet...unless the doubts are clear  Roll Eyes

Can't really understand what exactly is going on over here  Huh

It's very simple.

People that lack reading comprehension and/or knowledge of how the bitcoin network works send bitcoins to amaclin.

He does what he says he will do, and sends back "a transaction" with double the amount back immediately.

Because amaclin knows how the bitcoin network works, he will send back a transaction that will never confirm, so the only one to ever get coins will be him, because the coins he sends out will never actually get to their destination.

It isn't a ponzi scheme, because that is when old investors are paid with money from new investors. Since no one will ever get paid (except the OP) it's not a ponzi.

Hmm..quite interesting, am not a technical guy so wasn't aware of all this, but something looked strange to thats why stayed away and i am glad i did  Grin

You don't need to be a technical guy, you just need a little bit of common sense and 2 clicks of the mouse.

Why would anyone give away free coins? Someone with common sense would stay away after being unable to answer that

Why does this guy have -64 trust? 2 clicks lead you to the last time he did this exact thing.
572  Economy / Investor-based games / Re: [BETA-TEST] Instant Bitcoin Doubler. 4 BTC giveaway on: July 08, 2016, 10:12:35 PM
In my own personal opinion any program that receive funds from an investors and offer them higher returns in a short period is a ponzi but this program is in a beta but takes in payment and tends to doubled it.
Whether the investment is safe or real is a secondary question.

This is not a Ponzi because no coins will be returned at all. This is a reading comprehension and bitcoin network lesson

With zero transaction confirmations doesn't it mean that even his 4 BTC investment would be stuck for some time.
I normally don't invest in such sort of tricks unless I am absolutely certain that I would get my base investment back. Same is the case over here haven't put my money yet...unless the doubts are clear  Roll Eyes

Can't really understand what exactly is going on over here  Huh

It's very simple.

People that lack reading comprehension and/or knowledge of how the bitcoin network works send bitcoins to amaclin.

He does what he says he will do, and sends back "a transaction" with double the amount back immediately.

Because amaclin knows how the bitcoin network works, he will send back a transaction that will never confirm, so the only one to ever get coins will be him, because the coins he sends out will never actually get to their destination.

It isn't a ponzi scheme, because that is when old investors are paid with money from new investors. Since no one will ever get paid (except the OP) it's not a ponzi.
573  Economy / Investor-based games / Re: [BETA-TEST] Instant Bitcoin Doubler. 4 BTC giveaway on: July 08, 2016, 03:37:53 PM
In my own personal opinion any program that receive funds from an investors and offer them higher returns in a short period is a ponzi but this program is in a beta but takes in payment and tends to doubled it.
Whether the investment is safe or real is a secondary question.

This is not a Ponzi because no coins will be returned at all. This is a reading comprehension and bitcoin network lesson
574  Economy / Investor-based games / Re: [BETA-TEST] Instant Bitcoin Doubler. 4 BTC giveaway on: July 08, 2016, 01:05:14 PM
Why is it that none of your refund transactions are getting confirmed.
Also you have mentioned in your game criteria that one address should be used only once...that makes me wonder you already had planned that way so that double spend transactions couldn't take place.
This looks something fishy  Huh

Of course it's fishy  why would he just give awan 4 btc? Why would anyone think a bitcoin doubler would result in anything but lost money?

Why would you see a guy with -64 trust for running a bitcoin doubler that said it would send a transaction  (not coins) that ended up being invalid and then expect something different this time?
575  Economy / Gambling discussion / Re: Sports betting tip needed on: July 07, 2016, 11:04:21 PM
those bets have ridiculously high odds, so they are very unlikely to win.

Why do you have to make these picks? What restrictions on there in whatever it is you are doing?
576  Economy / Investor-based games / Re: [BETA-TEST] Instant Bitcoin Doubler. 4 BTC giveaway on: July 07, 2016, 03:59:07 PM
Let's make this *real* fucking clear for noobs:

Public Service Announcement -
This is just another Ponzi Scam
Do Not Invest!

Those who choose to post of their participation
support or encouragement for this scam will
be tagged with negative trust for proving
they wish to help the scammers operate this
Ponzi in return for a share of the funds stolen
from other users. Thereby proving they are not
trustworthy forum members.

YOU HAVE BEEN WARNED!


This is not a ponzi scheme. A ponzi scheme is when you take money from new investors to pay old investors.

This is probably, as in the past with this OP, a test of reading comprehension and knowledge of how bitcoin works.

I doubt anyone will get paid at all besides the OP, but he will, as he said, send back a transaction with double the amount back. If you are stupid enough to think that you will receive coins back, or that bitcoin doublers would result in anything but you losing your money, you are going to get what you deserve.
577  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ION [ION] | ICO LIVE | PoS 3.0 | Mobile Gaming | Join the ionomy today! on: July 05, 2016, 03:10:46 PM
Wow 6.4 BTC 24 hour volume that's impressive.

You know what else is kind of cool?

Ionomy's exchange lists the last 100 trades. 100 trades ago was 7/4/16 at 5:16 AM.

The last trade was 7/5/16 at 3:35 PM.

That's over 24 hours, yet the total volume of all the trades is 6.3 BTC.

Really great coding/math/scamming.
578  Economy / Gambling discussion / Re: 100% WINNING GAME WITH ODD 4.50 on: July 04, 2016, 10:15:25 PM
You wasted your own money. Saying a 4.5 odds match is 100% is dumb, believing it and acting on it is even dumber.
579  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ION [ION] | ICO LIVE | PoS 3.0 | Mobile Gaming | Join the ionomy today! on: July 01, 2016, 10:39:52 PM
What is the first guy thinking? What is he going to do with these ION, what is anyone going to do with these ION? What is the point?

Maybe this guy was buying IONs to invest in a Community Node.. Spend some of them IONs in an community funded project which captures the advantages of block rewards of a Masternode.

More details at http://ionnode.cf/

So he invests in the node, and ends up with more coins that he can't sell because it will crash the price? Sounds like a brilliant plan, can't imagine why everyone isn't copying that brilliant idea and sending the price to the moon.
580  Economy / Gambling discussion / Re: Best strategy in Roulette ? on: July 01, 2016, 01:05:11 PM
just martingale it, if u have unlimited money.. u wont loose Wink))))))
Martingale will not help either when in games like roulette, it is a matter of time before you lose, with continue playing of roulette you will still lose due to house advantage.

I think martingale strategy will work on roullete, but for short run. If you use this strategy for long run, you will lose all your money for sure. It's same as a dice site though.

This is just another way of saying it won't work.

It only takes one bad round of martingaling o wipe out all of your previous successes and then some. That isn't a "long run" problem, that's a shitty strategy problem.
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