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581  Economy / Gambling / Re: #3 Bitcointalk Poker Series (0.05 BTC & BIG BTC Ticket sponsored by SwC Poker) on: August 05, 2020, 08:58:04 PM
Idk, man, in terms of probability, pocket Queens against AKo, is almost the same as pocket deuces:





If I knew you had AKo, I wouldn't have called with my Queens. I prefer to have better chances of winning. Smiley So, it's a relief. Thanks for replying fast, mate!

i guess i was just referring to my overall range. AKo is near the top of that range---hands like 99-JJ are just as likely tbh. all considered, without giving away too much info, you're a solid 60-65% favorite there.

With AA/KK you don't go all-in in this spot, but want some action and not just the blinds.

open shoving KK or AA is not completely outside the realm of possibility (more likely below 10bbs though) but yeah, true in most cases.
582  Economy / Exchanges / Re: Why can exchanges freeze account. on: August 05, 2020, 12:03:31 PM
I would never use an exchange with optional KYC unless I'd done that KYC because if you use it a lot the chances of your funds being frozen are much, much higher than somewhere you've already cleared yourself with.

how do you know? what are the chances? for a lot of people, not giving up KYC documents is worth the risk. that's how i feel myself. i still use unverified accounts for the majority of my trading.

I like no kyc exchanges, please do not advice me to use any kyc exchange. I prefer exchanges that do not demand for kyc or the ones that makes kyc not mandatory?

i suggest binance or kucoin. as with any centralized exchange, there is a non-zero chance of having KYC sprung on you. complaints about this at binance and kucoin are relatively few and far between.
583  Other / Archival / Re: . on: August 05, 2020, 11:07:46 AM
as much as i hate banks, they are at least a layer between you and the government. information sharing between the fed and the IRS will probably be on autopilot. i'm not looking forward to it!

i'm paranoid enough about using cash app or venmo.

In my country tax office see all bank transaction, and most people do not need to do anything regarding taxes - if they need some further clarification then they contact you.

yikes, where do you live? that sounds like some pretty orwellian shit. they can just snoop on every transaction you make?
584  Economy / Economics / Re: What should you learn so you never get affected by a economic crises ? on: August 05, 2020, 10:45:28 AM
What should you learn so you never get affected by economic crises ?

Humans should learn to do what computers / ai can't do ...Question is what computers can't do ?

computer programming still seems like a good way to go. if you replace workers with robots and algorithms and machines, you still need humans who can code and maintain them, at least for the foreseeable future.

highly technical (engineering/mechanics) jobs come to mind as being relatively automation-proof. so do highly interpersonal (teachers/social workers/therapists) jobs.

the primary concern right now is the replacement of unskilled, menial laborers who perform jobs that can be easily/cheaply automated. don't be one of those people.....
585  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: August 05, 2020, 10:15:35 AM
Everything is lining up for this season to be one of worsts for NE, they have lost now 8 players, the most of any team, and several of them are key players and when you add no certainty at the QB position, no preseason and probably a new offensive system this does not seems as if it will end well.

don't worry, it's all part of bill belichick's master plan.



they gotta replace tom brady, right? Grin

in all seriousness it looks terrible for the pats, but there's nobody who i'd expect to adapt and turn things around in this situation better than belichick.
586  Economy / Gambling / Re: #3 Bitcointalk Poker Series (0.05 BTC & BIG BTC Ticket sponsored by SwC Poker) on: August 05, 2020, 09:55:23 AM
BTW, do you, by any chance, remember what you had that time when I folded to your all-in(having pocket Queens!)?



It was in the beginning of the 3rd hour of the game. We, me and my wife, thought you had pocket Aces or Kings(we were kinda sure of it for some reason), but it would be interesting to know what you really had. Smiley

i'm not positive, but i'm pretty sure i had AKo there. it definitely wasn't a monster like KK or AA. you probably should have called! Tongue
587  Bitcoin / Legal / Re: IRS crypto tax audit letter / notice on: August 03, 2020, 09:58:49 PM
Some people in that thread think the letter is fake because it uses two fonts and some other details. What do you guys think?

it does feel suspicious for that reason. i've gotten a couple letters from the IRS in my day and it was always 100% times new roman---none of that arial font.

the taxpayer burden according to that letter is brutal, but i would expect that of any IRS audit tbh.

Nonetheless it still seems rather fishy, as I'd expect more people to report receiving similarily detailed IRS audits.

same. this is in the "possible but likely bullshit" category until we see more corroboration.
588  Economy / Gambling / Re: #3 Bitcointalk Poker Series (0.05 BTC & BIG BTC Ticket sponsored by SwC Poker) on: August 03, 2020, 09:40:43 PM
lol, it didn't work so well for @BitcoinGirl.Club. he borrowed his buy-in from me yesterday and immediately busted out. Tongue
Speaking of, looks like BitcoinGirl.Club was hacked. So if you receive any PM's from them be wary.
https://bitcointalk.org/index.php?topic=5264620.msg54926472#msg54926472

Just a precaution as I'm sure they'll get the account back in due time

yes i was aware, thanks. still waiting for my 2k chips back from him! lol, not sweating it, i feel bad for the guy. Sad

Either way see everyone next week. Need to secure some more points and try to lock up a finale spot.

you and everyone else. i think @bitmutiny/imaginethat is the only one who has locked up a spot. it wouldn't take much for @SyGambler, @Improved, @jayce, @Globb0, or @Iv4n to edge someone out.
589  Economy / Exchanges / Re: LocalCryptos: An alternative to Paxful & Localbitcoins on: August 03, 2020, 09:24:24 PM
Announced today, LocalCryptos launches a crypto to crypto swap feature in partnership with ChangeNow exchange. Now LocalCryptos users can easly perform swaps within their LocalCryptos wallets without the need for creating an account in ChangeNow. The current available cryptocurrencies for swap are BTC, ETH and LTC. This blog post from LocalCryptos describes how to do it: https://blog.localcryptos.com/crypto-to-crypto-swaps/
Unfortunetly, the new feature is not yet announced in the official Ann thread of localcryptos.

i would be cautious using this feature. localcryptos is non-custodial. changenow is not, although they lie and market themselves that way. changenow may be accountless but they do take custody of deposits for swaps, and they can freeze and steal your coins. they have a long history of selectively scamming customers and demanding KYC.

check out their trust page: https://bitcointalk.org/index.php?action=trust;u=1307188;dt
590  Economy / Economics / Re: US economy suffers worst decline as GDP contracts by 32.9% in the second quarter on: August 03, 2020, 09:14:29 PM
you're just advocating for a nanny state. i'm quite capable of minimizing my exposure to risky third parties and scams, thank you very much
You can't be all-around savvy.

not the point.

the value i lose as a consumer from nanny state regulation outweighs the value i gain from being "protected" from third party risk. i resent losing value because other people are too stupid and careless to gauge risk. caveat emptor.

It is not that meritocracy is bad. The problem with it is that you can't implement it in practice.

if you're saying we're stuck with nepotism, fine. if you're saying that's the ideal we should strive for, i disagree.
591  Economy / Reputation / Re: BitcoinGirl.Club hacked? on: August 03, 2020, 07:51:15 PM
This is what I am understanding.

Yesterday evening after the poker game, I was doing my usual work. At some point, I was going to check my sportsbet T-shirt update. I was looking for the email sportsbet sent so that I get the link to fill up the form. I saw three emails. One already read. The two new with the update of they are running out of the t-shirts. So I opened one of the email, checked the link and it was taking too long time to load the page. When it was annoyingly late, I closed the tab but my system seemed unexpectedly slow. It happens sometimes and I usually force close the system and restart. I did the same and then started my usual work. When I wanted to  login in few of my accounts it always asked me for passwords. Nothing flagged me though. I did not had any 2nd thought. When it was late I gone to bed. Today morning when I wanted to login to bitcointalk discovered everything. Before everything else I knew I had to reset my device which I did.

Now I do not have access of the email. All the accounts, exchanges, business, social media, gambling sites everything that had the email are fucked up. I am contacting each of the sites to help me changing the email addresses. I am going through a lot now. In some accounts I have money locked. This will not be a very easy ride for me. Everything fucked!!!

I do not deserve it. Thanks whoever you are.

sorry to hear this, man. no rush on returning the chips you borrowed before the game, although i would like them back eventually. Wink

you should really use a separate email account for every service. it may seem inconvenient, but when something like this happens, it's a life saver.....
592  Economy / Gambling discussion / Re: Poker games that are providing free plays to earn real money on: August 03, 2020, 07:29:30 PM
SwC Poker launched their "bitcoin series of poker" a few days ago.

while the series is going (through august 9th), they are running two 1000 satoshi freerolls per day, one at 12:05pm ET and the other at 8:05pm ET. they are labelled "BSOP Freeroll" in the lobby and seem to be attracting ~100 runners per game.
593  Economy / Economics / Re: US economy suffers worst decline as GDP contracts by 32.9% in the second quarter on: August 03, 2020, 07:21:10 PM
i would be happier with an actual free market---free of government interference; everyone stands on their own two feet. let the chips fall where they may. i don't need the fed to pump bitcoin, either.

I don't think it is possible in the way you mean it

And I'm not sure either that you would be honestly happier with a genuinely free, anarchic market. Without government oversight (interference, as you call it), we would see an endless stream of scams like Mt. Gox, Cryptsy, BTC-e, to name but just a few. Put simply, it will be very far from "everyone standing on their own two feet".

you're just advocating for a nanny state. i'm quite capable of minimizing my exposure to risky third parties and scams, thank you very much.

if you haven't figured it out by now, regulations are always crafted and enforced in a way that consolidates industry for the big players and reduces competition. as a consumer, and a savvy one at that, i surely come out the loser as a result.

the selective bailouts just exasperate the economic divisions in society. by perpetually giving handouts and subsidies to corporations and people who aren't poor and refusing to ever let the markets organically crash, they are destroying all notions of upward mobility and meritocracy. at the risk of sounding like a pinko commie, this is all pretty clearly designed to entrench existing capital and property owners at the expense of everyone else
Meritocracy is over-hyped.

what's a better alternative?

In fact, I'm not in the least surprised to see the term actively used as a handy euphemism for nepotism

meritocracy is basically the exact opposite of nepotism.....
594  Economy / Gambling / Re: #3 Bitcointalk Poker Series (0.05 BTC & BIG BTC Ticket sponsored by SwC Poker) on: August 03, 2020, 07:08:31 PM

nice one! i can't remember the last time i hit a straight flush, or even quads.

Guys, I am going to tell you all a secret. Before today's tourney, I have played 17 games in the series (excluding finals) and only ended in cash position once(S3 2nd game). In that game I took loan from efialtis. So before playing the today's game, I thought why not take the loan again, maybe it will act as a lucky charm. Even though I had sufficient chips in my account, I asked for chips in the thread and guess what! I won cash again!  Cheesy

lol, it didn't work so well for @BitcoinGirl.Club. he borrowed his buy-in from me yesterday and immediately busted out. Tongue

So from the next time, I gonna ask for 1K chips in the thread before the game and you will see the magic on the table.  Cool

now that we know, nobody is gonna lend it to you anymore. Tongue
595  Economy / Exchanges / Re: What is your experience of using Kraken exchange? on: August 02, 2020, 07:47:30 PM
The fees are not extreme low, but competitive.
The rates are quite low.
The userinterface is also only average and use to lag.
At Kraken BTC is called XBT, dont ask me why  Undecided Undecided Undecided
The Interface is better than Binance. Its more easy to see your past tradings.
Binance is NOT more beginnerfriendly.

with the exception of binance's fiat exchanges (binance.us etc) aren't they basically the cheapest fiat exchange?

something that irks me about kraken is the abundance of complaints where users say they got hacked w/ 2fa activated. there have been lots of these cases reported on the forum if you search for them. they have some very questionable security options. for example, you can activate "2fa" with a 2nd static password, which is not real 2-factor authentication and provides users with a false sense of security.

What i like the most in Kraken is that even it's a centralised exchange, KYC is not enforced to trade cryptocurrencies with a withdraw limit of 2500$ paer week, but it's mandatory for Fiat deposits/withdrawals.

the daily withdrawal limit for starter accounts is $5k, unless they recently changed the limit and haven't updated their site.

there is KYC on a starter account though---name, DOB, phone number, physical address. you just don't need to provide actual documents at that level.
596  Economy / Gambling / Re: #3 Bitcointalk Poker Series (0.05 BTC & BIG BTC Ticket sponsored by SwC Poker) on: August 02, 2020, 07:31:43 PM
it's not my day at the tables so far, down almost to 2k chips and can't seem to hit a flop for the life of me. Roll Eyes

with 17 players left, it's interesting to see the top 4 in the series are rounding out the bottom 4 stacks in today's game. let's see if any of us can turn this around....
Atleast you are still hanging in there  Tongue Goodluck. Also you have turned this kind of thing numerous time, being the one with the lowest chip stack then finished it atleast top 5 or 6 most of the time



Sorry guys, I got too occupied with something else and I had to be late for around one and a half hour. I got to my tables and then boom Hhampuz knocked me out with his pocket Aces  Tongue. Bad day and bad start from me, I dont even know why I go with all in.

i made it to the final table, but that was the highlight.

i too ran into @Hhampuz's rungood---yet again, i might add! i 3-bet shoved JJ into him preflop vs AKo and he hit:



good game all. at least everyone ahead of me in points finished behind me this time, and i grabbed 2 points. this should keep me in contention.

are there running stats on the lottery totals somewhere on the spreadsheet? i don't see them. @tyKiwanuka
597  Economy / Gambling discussion / Re: Poker talk - Specifically Hold'em - Hands and or strategy on: August 02, 2020, 06:46:17 PM
So you may recall this was the same guy from Hand#2. This is the hand immediately after that.

ah, i hadn't paid attention to the seat numbers, didn't realize it was the same villain.

And now the line makes sense to some extent. I also think they made assumptions between last hand and this hand imo. They lead out with their flush draw, picked up equity on the turn and continued, then the river I'm guessing they turned their missed flush draw into a bluff but didn't size it accordingly; that or overvalued the second pair.

nice one, interesting hand. the semi-bluff on the flush draw had obviously occurred to me but i didn't put too much thought into the turned straight draw or second pair possibilities.

what was the range you put him on when you called the river?
598  Economy / Gambling / Re: #3 Bitcointalk Poker Series (0.05 BTC & BIG BTC Ticket sponsored by SwC Poker) on: August 02, 2020, 06:22:26 PM
it's not my day at the tables so far, down almost to 2k chips and can't seem to hit a flop for the life of me. Roll Eyes

with 17 players left, it's interesting to see the top 4 in the series are rounding out the bottom 4 stacks in today's game. let's see if any of us can turn this around....

We can start with a 25/50 tab;e and see how it goes. Paying the fees only will not be that costly and very less risk here compering to playing in table the regular games.

7k+ chips now, I really need to be patience LOL

yeah I still prefer making krills playing normal games but since the whole series is supposed to be a friendly game between us I see not being able to chat really annoying cause honestly I'm in it for the chatting part  Cheesy
so figured out this as a good solution for people who want to just make these 500 krills in order to chat , like personally I stopped playing poker long time ago and I'm only playing the series so this can be a good solution for players who are like me

not a bad idea! i don't think it's against the terms or anything. i'm not sure how much rake you'd have to pay for the privilege, but at least once you get 500 krill you get an extra 3% rakeback.
599  Economy / Gambling discussion / Re: US Presidential Election 2020 on: August 02, 2020, 10:48:45 AM
i liked her at 2.7 but it's still good odds IMO.
Nope, these weren't good odds as it seems, but I didn't place a bet Grin

Harris sits at 2.32 now and the big winner is Karen Bass, whose odds have come down to around 6-ish.

i was just talking about the actual chances of winning the bet---not trying to predict which way punters would sway.

my gut feeling is that most of the short list is composed of political duds (bass included) and that's not what democrat strategists are looking for. not only do they get enough of that from biden, but they are grooming the 2024 presidential candidate. even if biden wins, there's no way he's completing two terms.
600  Economy / Gambling / Re: #3 Bitcointalk Poker Series (0.05 BTC & BIG BTC Ticket sponsored by SwC Poker) on: August 02, 2020, 10:21:56 AM
Hello moon14 and chronicsky welcome to the cool gang  Cool

new players, cool. welcome guys. Smiley

Hmm!!!
It seems I also need favor from anyone today. I was planning to send some BTC but it seems the fees are so high and I am not willing to spend more than 10 sat/B for my Tx. It would be nice if anyone please send 2k chips for me. I will send back once I will have deposit completed.

With this extra chips, I will need to do some warm up before joining the final table LOL

sent!

i'm registered and looking forward to the game. see everyone at the tables!

6.5 hours from now, shit, i better get to bed..... Shocked
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