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5861  Bitcoin / Bitcoin Discussion / Re: This just happened after Bakkt CEO becomes US senator! on: December 07, 2019, 03:29:16 PM
This is just a small step towards big awareness to the US citizens about the positive use case of Bitcoin and other cryptocurrencies.
I believe that this is the biggest effect of the appointment. It's not like one senator can make a huge difference in terms of policies, and it's not like she is Satoshi Nakamoto, she represents a very peculiar Bitcoin-related company. However, with her being around, more people will hear about Bitcoin, learn how it can be used and at least that it's not a total scam, as many still believe. This is already a big accomplishment, and she might also be a strong voice against harsh regulations because her business would suffer from them as well. All in all, I congratulate the US with a powerful female pro-crypto senator.
5862  Bitcoin / Bitcoin Discussion / Re: Nearly $10 billion worth of BTC moved in just 15 minutes? on: December 07, 2019, 03:21:47 PM


For me, this is a such a huge amount worth of Bitcoin to be moved in another address in only 15 minutes. However, it's still a mystery whatever the reason is.

These whales are just fortunate enough to accumulate Bitcoin during the early times. Until now, I still regretted in doubting about investing in Bitcoin years ago.

Correct me if I'm wrong, but these whales know what they are doing. They are here for the long-term since they have enough BTCs in their arsenal, especially the next year's halving. However, I would not really count on halving's guarantee of BTC's price pump.

It's likely not a whale but an exchange consolidating it's accounts. If they have a lot of dust they will move it to consolidate it into fewer addresses.

Most bitcoins are held at the major exchanges rather than in whales wallets.
It was an exchange, it was Bittrex. I did make me think though, since all of these wallets were hot for a period. I could only imagine what could happen to the market if there was a hack that big, it would be devastating.
I also assumed it was an exchange or another sort of company changing wallets to ensure the security or something like that, but since you're claiming it's Bittrex, proof would be nice. Anyway, I've googled it and I think I've found it, so I'm attaching it here: https://cointelegraph.com/news/almost-9-billion-of-bitcoin-moved-on-chain-in-1-hour-record.
I don't think that whale alert makes sense, most of the time it turns out to be a technical operation... I don't even believe that there are 'whales' that can manipulate the market significantly, it's just a chain reaction with separate entities most of the time we see the price changing.
5863  Bitcoin / Bitcoin Discussion / Re: If Bitcoin is a get rich quick scheme, then fiat is a get poor slow scheme on: December 06, 2019, 08:10:39 PM
Fiat will be replaced by crypto currency but i dont think it will be bitcoin. Government want to control everything and even fiat money , bitcoin cant control by the governement so  they will create thier own and will use blockchain technology to make a new way of payment before fiat currency fall.
Sure the government cannot control Cryptocurrency but the Government is likely to Crash too

Really?So you are saying that no government can't control crypto mining and trading?
What if USA and EU ban crypto mining and trading?What happens then?
Best case scenario: people protest and the ban is lifted soon. Worst case scenario: the amount of miners decreases, the difficulty rate drops and those who are still in the game keep mining as if nothing happened.
Bitcoin isn't a quick rich scheme. In my experience it is a quick rich scheme for very few users who are lucky to earn big out of the investment in a very short. Looking upon the profit earned by that few we can't believe this to be a quick rich scheme. Such a misunderstanding is the reason for people to fall on traps. Whether it is cryptocurrency or fiat when used with perfect plans and good learning about the market it'll be profiting someday.
Well, if we interpret the name of the thread loosely, it's correct. Fiat is a 'get poor slow scheme', because of inflation that inevitably makes the value of fiat decrease (what's also called 'the hidden tax'). Bitcoin, on the other hand, is not susceptible to inflation and growing in value with time due to limited supply. So it is a 'get rich' scheme, kind of, and if you compare it with getting rich while investing in things like stock, it offers profits faster.
5864  Bitcoin / Bitcoin Discussion / Re: my story: why bitcoin has failed (and keeps failing to this day) on: December 06, 2019, 08:00:52 PM
Lemme help you with rephrasing your title... "My Story: Why I failed with Bitcoin (and keep failing to this day)"  Smiley
Op, I agree with this reply. It's not Bitcoin that failed, it's you. Bitcoin is neutral, it's not like it's going up or down on purpose to piss one person or to help another. And I don't think that you are right if you imply that there's SOMEONE who controls and manipulates the market. You see, the whole point of decentralization is that there is not such a person/entity. Bitcoin goes up when people believe in it more or have a fear of missing out. Bitcoin goes down when someone famous makes negative statements or something crypto-related fails and the FUD is getting spread. You would buy Bitcoin for the $1k price and sell at $20k price. It's not anyone or anything else's fault that you did not.
5865  Bitcoin / Bitcoin Discussion / Re: In the next decade, BTC and digital currencies will “fully” replace fiat? on: December 06, 2019, 07:36:55 PM
I agree with others that replacement within a decade is highly unlikely. Some countries might experiment with digital currencies, adopting the existing ones one way or another or making their own national currencies. But come one, the scalability problem is not only related to Bitcoin, but it's also pretty much a flaw of any blockchain. Until this problem is tackled, I don't think cryptos can change world economics. We have to wait and see how it goes, and someone has to offer easy-to-use solutions so that people can go to grocery stores and buy food with crypto without doing anything more difficult than what they do nowadays.
5866  Bitcoin / Bitcoin Discussion / Re: Reasons to be thankful than hate him on: December 06, 2019, 07:25:28 PM
You keep writing "he" throughout the post and then only one you say 'his/her', referring to 'Mr. Nakamoto'. Since we truly don't know who the person is, it's not right to assume automatically that it's a man. In fact, a woman would have another good reason for hiding the true identity, since that's what women have been doing a lot historically, knowing that an invention/discovery made by a woman would not be taken seriously enough. In a male-dominated tech-world, a woman who created 'new money' would not receive that much popularity, and people would focus on negative stuff even more.
Anyway, speaking and fans and haters, I don't really see many haters on this forum, I encounter posts by people who support Bitcoin more often. But it's true that many people ignore the innovative aspects and focus on downsides.
5867  Bitcoin / Bitcoin Discussion / Re: Did Satoshi steal other people's ideas for Bitcoin and one reason why he left? on: December 06, 2019, 07:09:11 PM
I am not sure it counts as stealing. Satoshi took inspiration from both technologies and ideologies. This person did not literally copy any code/academic works, right? And I don't remember any accusations from the people you've mentioned that Satoshi stole anything from them. There can be lots of reasons not to reveal the identity, and some of them can have to do with lawsuits, but I don't think that it's about intellectual property lawsuits. After all, Faketoshi easily got a patent from "his" creation of Bitcoin and blockchain, and he did not get sued by guys like Chaum. If they don't sue such an a**hole, why would they sue the real Satoshi?
5868  Alternate cryptocurrencies / Altcoin Discussion / Re: Germany is going to be the Crypto Heaven but Russia Banned- What are the others? on: December 05, 2019, 07:58:25 PM
just because the banks or even the central bank of a country makes an statement saying "using bitcoin carries risks" doesn't mean the country itself has banned bitcoin! almost all of the banks all around the world and even governments or even any individual that is not an idiot has made such statements warning others about the risks of using a highly volatile currency! specially when people want to invest a lot of money in it, not just use it for payments. but unfortunately the shitty news sites always take that as a "country ban" and report it as news...
Yep, I also visited this thread to write about Russia. It's no surprise that the Central Bank is against Bitcoin and would prefer it to get banned. Banks are usually against cryptos, nothing new here. And the legislation has not passed and is probably unlikely to pass anyway because it's not the banks that make decisions. So the "Russia Banned" part in the name of the thread is pretty misleading.
As for other countries, Ukraine is pro-blockchain and potentially pro-crypto, but several draft laws failed and nothing new seems to be getting ready, so for now, it's a 'no regulation' zone.
5869  Bitcoin / Bitcoin Discussion / Re: My dream for bitcoin on: December 05, 2019, 07:46:11 PM
Sorry to burst your bubble(hehe), but it's really pretty much impossible for bitcoin to have no government regulations. Heck, I can almost guarantee it that more countries are going to ban bitcoin(probably temporarily) once they feel threatened enough by bitcoin. Probably a better and more realistic sort of "dream" would be for the governments to declare bitcoin as legal tender, and to implement sort of "fair" tax laws concerning bitcoin and cryptocurrencies. Yea taxes suck, but let's be real here. They're going to make money off the taxes as much as they can.
Legal tender is probably the best solution since this would mean that Bitcoin is just like other kinds of money, and it does not get heavily additionally taxed. As for the ban, I don't think it's likely. A lot of countries have pretty strong democracies, such a ban could lead to protests and anti-governmental feelings along with the growing popularity of Bitcoin would be too bad for such countries. Countries like North Korea can ban Bitcoin, but countries like the US or France cannot do that, because it is too risky for them.
1 . BTC will be the primary money all over the world all the currency will be just secondary
2. All the world currency will be exchange to bitcoin slowly until its all illiminated
3. Altcoins will be use for very country and bitcoin as its Superior
Unfortunately, Bitcoin is currently unable to be #1, the scalability issue is very serious...
5870  Bitcoin / Bitcoin Discussion / Re: What is the faith of Scammers if bitcoin later becomes a traceable Currency. on: December 05, 2019, 07:39:39 PM
Quote
There are many services like walletexplorer which also allows any user to connect different public addresses.
So, if scammers are dumb they can be easily be traced.
With wallet explorers what happens to the recovered money.
If you take a look at walletexplorer does, you'll see that it just connects the address to a specific wallet and shows the list of all transactions related to the address the person typed in. So basically, nothing happens to anyone, since the ID is still hidden. Perhaps by 'traceable', you meant that one would be able to see who moved money where. In that case, it would at least be evident who has whose money (though not where this person is or how to make this person give up the money). But this will never happen because the community will strongly oppose this move since it would devaluate what Bitcoin is in many ways.
5871  Bitcoin / Bitcoin Discussion / Re: There are a lot of rumors about the Chinese market recently.What is truth??? on: December 05, 2019, 07:17:51 PM
There are a lot of rumors about the Chinese market recently.
I wonder what's true!
I'd appreciate it if you let me know.
I agree with those who pointed out that you should say which specific rumors you are talking about. In general, it's all a matter of fact-checking. If you see a piece about something and you are not sure what to think of it, you should do the following:
1. Make sure it's posted by a famous website, not a no-name.
2. Check the sources. What is the article referring to? If it's an interview, you can check it out, if it's info from an official government website, then it is to be trusted (unless it's about something that the government might not want to reveal).
3. Is it realistic? If it's too dystopian or too good to be true, it's probably fake.
Finally, make sure you can distinguish facts from opinions, emotional evaluations and other things like that.
5872  Economy / Gambling discussion / Re: 2 Dice Strategies that Might be Proven Helpful on: December 04, 2019, 07:42:32 PM
As a lot of people in the gambling crypto world are mostly focused in playing Dice, I would like to post 2 strategies that might be proven helpful.
Tip: I don't say that those strategies would make you rich, but it is a good way to control losses and increase your possibilities of making profits.
___________________________________________
1. The Paroli Strategy

The Paroli strategy is a progressive dice strategy designed to take advantage of winning streaks. The Paroli strategy looks like this:
1. A player will determine a base stake
2. The player will double their bet after each win
3. The player will stop raising their stake after three consecutive wins
4. After a loss, the player bets only their base stake

The Paroli strategy helps players to minimize losses and capitalize on winning streaks.
___________________________________________
2. The Break-Even Martingale Strategy

The break-even Martingale Bitcoin dice strategy is similar to the standard Martingale, but staggers the staking process, slowing the rate at which stakes are increased.
A break-even martingale dice strategy looks like this:
1. A player loses a 10m฿ bet to roll under 50
2. The player places a 10m฿ bet to roll under 50
3. If that bet loses, the player places a 10m฿ bet to roll under 50 again
4. If the second 10m฿ bet loses, the player then increases the bet to 20m฿, and continues the Martingale strategy

This process helps players hold out against a losing streak for longer.


Personally, I follow the The Break-Even Martingale Strategy if I want to gamble defensively and The Paroli Strategy in case I want to bet offensively.
Of course there are more strategies - they can be found here: https://medium.com/@trustdice/top-5-bitcoin-dice-strategy-guide-how-to-win-at-crypto-dice-710356688997


I hope it might help you increase your profits and control your losses! Cheers and happy gambling!
I am confident that there are no strategies that allow to regularly win playing a probability game. One is pretty much bound to lose in the long run. And if the Paroli strategy at least seems to indeed minimize one's losses, Martingale's horror is that it encourages to spend more and more to cover the losses, so to speak, but if the person runs out of money or reaches the max bet limit before winning, it's a tremendous amount of money, lost exactly because of using this seemingly attractive system. One tends to think that betting with a 50/50 chance (roughly) one will win when betting for the 5th time or so, but sometimes it can be 20 times in a row, and a person loses a fortune.
5873  Bitcoin / Bitcoin Discussion / Re: If she becomes a US senator next week, will Bitcoin thrive even more? on: December 04, 2019, 05:16:24 PM
And here we have it, we now cheer for the same persons we've been booing when they were working (in this case for ICE) for manipulating markets, but once their goal is aligned with us, cheer for them!
Talk about a pact with the devil!  Grin

I wonder what the reactions will be if either Madoff or Soros start praising bitcoin. I'm storing some popcorn for this!

and as a Bitcoin enthusiast definitely Bitcoin is going to gain more recognition.

Are you sure she's a bitcoin enthusiast or she's enthusiastic about how much money she can make from bitcoin?
Because there is a huge difference between those two, and if they find a new way to make money the enthusiasm might go away!
IMO Soros might do that eventually. After all, he's liberal, supporting freedom, transparency, and diversity. Decentralization is just the next step. There've been public talks (= academic lectures) on cryptos at the university he built (CEU), and in 2018 there've been talks about Soros Fund investing in cryptos. People change, their opinions change even more when they get to know things better.
As for the Bakkt CEO, I think that it's a good thing to have someone so close to the crypto area anyway, but it's true that one person probably would not be able to do much, and she might be in favor of imposing taxes and stuff, since her business has to pay taxes anyway. Well, at least a person like that would do everything not to allow a crypto ban or something like that, and it's already a plus.
5874  Economy / Speculation / Re: Should I Buy Bitcoin Now? on: December 01, 2019, 04:47:20 PM
There are literally HUNDREDS of such threads and it looks like each and every day someone is coming up asking the exact same thing. Buddy... Nobody can tell if NOW is the time to buy, it is all up to you, what your long-term plans are etc. If you ask me, its ALWAYS a good time to buy BTCBTCBTC!
That's what I think as well. Even if a person buys and then the prices go down, this person does not lose if one does not sell the coins during this period. And historically there's been ups and downs that seemed very serious back then, but each time Bitcoin managed to fully recover after a while. The only time it did not (yet) is the $20k thing. The current price seems attractive. If one intends to buy and hold for a long period of time (a year and more), then it does not matter whether the price will go up or down from now on, because this person can profit nicely anyway. Nobody can guarantee it, though.
But then again, if a person wants guaranteed prices, there's the futures market for that, I guess.
5875  Bitcoin / Bitcoin Discussion / Re: Twitter CEO Sees Big Future for Bitcoin in Africa on: December 01, 2019, 04:38:44 PM
Twitter CEO, Jack Dorsey, recently published a tweet in which he announces his move to Africa, as he believes that the continent will ‘define the future.’

https://bitcoinist.com/twitter-ceo-sees-big-future-for-bitcoin-in-africa/
Jack has expressed his support of Bitcoin before, and even tested the Lightning Network as far as I remember. Africa is usually taken as a whole and as a hole (pun intended). In reality, it's a huge continent with very different countries. Some of them are terrible, some of them are improving, and some of them have the highest equality indices. When it comes to cryptos, there've been successful startups working in Africa, and I've seen multiple articles on the topic of good rates of crypto adoption in various countries there. I hope Jack will be fine and turn out to be right in this situation.
5876  Bitcoin / Bitcoin Discussion / Re: French High School Students Will Learn About Bitcoin And Crypto on: December 01, 2019, 03:21:56 PM
blockchain and bitcoin should be appropriate as an educational module for the curriculum considering the next few years
Not a requirement, but only a kind of a subject would help to those who want to pursue and learn such topic and its history.

IT course will probably include this module as part of the requirement in the years to come because the systems that will run today will probably be running blockchain already thus they have to have idea what is happening behind the devices. Students today has to learn the technology after all BTC is the future. Its hard to teach the new technology to the old men, they are not open and considers BTC and crypto to be scam since this is what they heard on TVs news.
I've seen another thread dedicated to the topic, and from what I remember this module should be a part of curriculum in Economics. So they'll explore the topic not from the technological standpoint but from a financial one for now. I think it's fair since Bitcoin is something that can be considered a step forward in our understanding of a medium of exchange, and this is a topic for Economics. As for IT, perhaps one day kids will study blockchain like that, although I am not sure if it's a topic for a school curriculum. Maybe it's more appropriate for university students.
5877  Bitcoin / Bitcoin Discussion / Re: Friends of Satoshi on: December 01, 2019, 03:09:49 PM
The think of the mystery is everyone just keeps focusing on Satoshi and who that might be.
No one is really searching for people who may have known that person or persons.

There are several people out there. Who do know who Satoshi is and did talk to him at least. Why are we not focusing on those people? the friends?
Well, some of the early adopters have already passed away, unfortunately. Others might have been pretty close with Satoshi, but online kind of close, so they might not know this person's true identity. Then there can be a category of people who know but for various reasons don't even say that they know. And then there are people (or at least one person, John McAffee) who says that he knows who Satoshi is but will not reveal Satoshi's identity. Looking for people who knew Satoshi one way or another is not hard. But all those people we'd find would be those who knew this person online. Moreover, making them give up such a name would not be easy.
5878  Economy / Gambling / Re: 🚀 Sportsbet.io - Main Club Partner of Watford FC ⚽ Fun. 🏀 Fast. 🎾 Fair. �� on: December 01, 2019, 02:54:15 PM
sportsbet.io has restrictions in Italy? I wanted to login and then found this instead of the page.


I use tor by the way.

<snip>
I was not even close!
City drew which lost my bet of course but then Chelsea lost, Bayern Munich lost. These favorite teams suck LOL

I think I might have found an answer. As a rule (correct me if I am wrong), sports betting websites and casinos make a list of restricted countries, but if a country is not on the list, it does not mean right away that gambling from there is not restricted. It is the gambler's (bettor's) responsibility to make sure that national legislation allows using these services. Now, looking through Wikipedia (I know, not the most reliable source, so I might be wrong), I found out the following info about the gambling law: gambling is forbidden, sports betting is allowed. Online sports betting is allowed, but there's this one condition, and I quote:
Quote
Since March 2010 when the new law came into power, foreign gambling operators have been able to launch online real money games. Before offering their services to Italian citizens, they should get an Italian license.
Perhaps, Sportsbet does not have a special Italian license that allows offering services to Italian players. So that's why Italian authorities might have restricted access to people residing in Italy.

Again, it's just an educated guess, I might have got the situation wrong, and I'm sorry if that's the case.
5879  Economy / Gambling / Re: Live betting on: December 01, 2019, 02:36:12 PM
Hello everyone,

I am looking for good source for inplay matches. If you have any please sent me any messeges.

Thanks
If you are going to use crypto then try Sportsbet.io
Here is the official announcement topic:  https://bitcointalk.org/index.php?topic=1458034.0
I was also going to advice Sportsbet.io as a reliable website for sports betting, but that's not what the op is looking for. The op wants a person that provides tips for betting, and that's a different story. To be honest, I've seen some people giving out tips, but I've never seen anyone I would trust. so I cannot recommend a person. Moreover, I urge you to reconsider trusting someone on such a matter. IMO, if you want to bet for fun, you don't need anyone else telling you what to do. And if you want to bet for profit, YOU should be the expert in sports and go for it. Would a person who is bad at drawing plan to make money by being an artist?
5880  Economy / Gambling / Re: 🔥 Satoshi Battles 🔥 Bitcoin based online PvP Game! 🔥 EARN FREE BITCOIN 🔥 on: November 30, 2019, 05:07:11 PM
Closed beta is released guys!
Will there be an open beta? It's not uncommon for websites to offer their beta-versions here, so that people can give feedback. Why are you making it closed?
And another thing: will it be ab app or will people be able to play on the website? I would try playing online, for instance, but would not download stuff...
I think it's nice that monetised crypto games are becoming more popular, they could attract gamers. IMO the gambling games are usually too simple to he truly engaging.
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