It's a nice opportunity given to HODLers to average out their buying price which we may not see again in future! With Black Friday around the corner and Christmas approaching next month, it's no wonder that the market is seeing some heavy dumping! And the result is sharp decline. However, I personally see no reason to worry because at the current price level of $6700, bitcoin looks really attractive! I don't think this sell-off has anything to do with people selling their cryptos to buy Presents for Christmas or Black Friday. Most likely its the typical over-leveraged longs being liquidated and causing these huge price declines. I also think we went up from the $3200 area to $13800 rather very quickly, it created FOMO and people are stuck in their $10K long positons and they are probably being liquidated everytime we hit a new low. Also keep in mind that generally this time of the year was very bullish for Bitcoin historically. Besides 2018 and 2019, it was generally a very bullish month, hence the theory of people selling Crypto to buy presents just isn't true in this extend. The only time in my opinion when Crypto selling could of had an effect was maybe the April 2018 time because people needed to sell alot of Crypto to pay huge capital tax gains from 2017 trading. This is probably why we had a relief rally in April 2018 shortly after tax date was due.
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These were good GPUs to actually mine ETH before the Polaris came out. I believe these were released late 2015 when ETH was launched and it was the most energy effecient GPU at the time especially the Nano.
I had a buddy who had tons of these. However for some reason he had very high failure rates, he said it was the highest failing GPU he has ever owned. When the Polaris came out people stopped buying Nanos due to their high price and bought the RX 470/480 instead. It had similiar hashrates and power consumption figures.
Since they were produced in small quantities, many miner developers don't spend too much effort trying to make them more efficient or faster. Hence they are usually just best in the hands of gamers.
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Not exactly..... if whales earn through influencing the prices why not follow them? You can't possibly know what they can do next but you can react to it rapidly once it had happen. Some call it "ride the wave" others call it "follow the trend" but both says the same thing and that is following the current movement of what is happening in the price chart. You might not have the same profit or returns as what the whales have but the trend is your friend and that is how you can maximize the profit in your trades and you can't even go against it in the first place.
This is actually what you are suppose to do in most markets. In Crypto you need to follow the whales and in stock trading you need to follow the banks and institutions buying and selling certain stocks. The problem is that even though some of this data is available for free its usually delivered late. For example the leaderboard is updated around 9Pm Asia time. So even though you get a daily update, it will usually come way too late. And with stocks is also similiar. Various companies like the Berkshire Hathaway list what stocks they own and when they sold them, it doesn't list the price but you can figure it out by looking at the dates, however this information will come very late usually.
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There is another huge whale whois trading stats someone posted on the trollbox Userinfo for "ssded" (irc:no): First seen: 2018-05-18 14:55:01 UTC Last seen: 2019-11-06 11:17:15 UTC Posts: 1072 Posts avg.: 0.0832 posts per hour Banned: 0 times Last ban: Positions posted: 132 Biggest positions posted: ETHUSD: 986725 contracts XBTU18: 959800 contracts XBTU19: -1098275 contracts XBTUSD: -10016335 contracts Orders posted: 0 Biggest orders posted: Pnls posted: 118 Biggest pnl posted: 733.2621 Smallest pnl posted: -152.277 Upnls posted: 137 Biggest upnl posted: 356.8425 Smallest upnl posted: -314.0137 Rpnls posted: 124 Biggest rpnl posted: 716.0108 Smallest rpnl posted: -7.472 The trader has an account for about 1.5 years and traded up to $10,000,000 contracts before. Looking at his PnL his largest winning was over 733 BTC. So this is another example of some whale who took those 733BTC from many smaller retail traders. Looks like he was mostly short and basically could of just hedged his BTC, but either way those are some impressive stats.
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Yeah, I think that the expansion towards acquiring more websites might not be the best move especially at this time when most of the effort should still be on development and heavy advertising on social media platforms. The platform is already good but there's still a lot more room for improvement and I'm sure more people would be inclined into trying the games here but aren't all fully aware of its existence.
I second this. A lot of gaming sites where you can pay with BTC or alts are usually advertised on this forum or Telegram/Discord only. To reach the masses you need to advertise on Twitter, FB etc., especially if you want to attract people to your site who are not that familiar with crypto currencies. The main problem for this people is that they usually don't own any coins, so sites would have to offer fiat deposits, too, which is very unlikely that they will do If they want to advertise then they should avoid anything mainstream because 99% of people don't own crypto and won't own it and the exposure will just be a waste. In my opinion I think a good way to advertise a crypto casino is actually on tradingview. I don't know if you realise but I think they allow advertisements for certain sectors that people search for. So if someone is constantely looking at Crypto charts like BTCUSD or ETHUSD or ETHBTC then the Tradingview will usually display Crypto only ads like Crypto exchanges like Bybit or promoting some type of ICOs. I think this would be a better resource than Facebook because those advertisements are very expensive and keep in mind this is a very niche market. Just because someone is into Crypto they might not be into gambling and if someone is into gambling they might not be into crypto. Very ultra niche market. Hence why the signature campaigns are very effective on this forum.
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Generally the way pump and dump works is as follows. And this is no different from the stock market when you are dealing with a small cap stock or a penny stock. Basically what these pump and dumpers usually do is place a few very low bids and try and accumulate as much stock as they can for cheap without getting alerts showing in the volume charts which might attract attention. Usually they just do limit orders and never market orders. They do this for weeks or months. So say they accumulate 1 million shares at $0.01 so they invested a total of $10,000.
When they are done accumulating they usually do quick market buys to cause spikes and people will see +25% in their market reports or +1000% in total volume. And when people or bots see this, they automatically start buying the instrument.
Then they usually have some fake report that this crypto/stock is getting bought out and will be worth 100x as much, so the retail market sees this and they start to buy the stock at like $0.50 or $1.00 per share.
So the pump and dumper invested like $10K+ plus maybe another $10K+ pumping the stock and all they need to do now is just sell only 20,000 shares to break-even and the rest will be pure profit. Usually they sell slowly and when the trend is flattening out they start to sell quicker and quicker and eventually the last portion of their 1,000,000 position they might market dump and price will return to the $0.01 area again.
Rinse and repeat. Hence don't fall for these or you will be worth holding the bag at a 99% loss and later the stock or crypto will get delisted.
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Hodling crypto is actually very stressful to do in a perfect manner. Most people, especially new to the space end up losing it to scammers or some type of virus or investing in some alt-coin, or losing it trading.
You can't really keep your crypto on Windows 10, even if you have a password. There are 0-day exploits and you might get some worm that will steal your BTC. Best way is to get a hardware wallet or use something like Electrum on Cold Storage. Or even just print an old fashioned paper wallet if you are planning on keep it long term.
Sure you can keep on an exchange however there are issues. The exchange can get hacked, your account can get hacked, you might be tempted to buy some alt-coin which loses 99% of its value, you might be tempted to trade on margin and get liquidated and loss all your crypto.
Another issue is you shouldn't tell anyone you own crypto. You might become a target. Don't wear a BTC t-shirt, don't put BTC bumper stickers on your car, don't show people your BTC balance, etc. Try and stay safe and smart.
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Most traders about 99% lose money and maybe 1% or even less than 1% are the ones making a profit. If you want you can see my thread on Bitcointalk located at , https://bitcointalk.org/index.php?topic=5203945.0Which basically discusses how in the last 7 days the whales made over >100 BTC while most traders ended up getting liquidated. If a whale makes 1 BTC most likely its 1 whale which takes about 0.01BTC from the smaller traders. This is not only common in Crypto its very common in the stock markets too. I know many friends who only long stocks and its been a crazy stock market for the last 10 years and yet they haven't made a dime, why? Because its the instituional traders which take their profits. Even blue chips stocks like Amazon, Facebook, Apple, have periods of huge drawdowns which makes most traders crack under pressure and they sell at a loss while the large banks end up buying their stocks cheap. Trading is not easy if it was then everybody would be doing it instead of working full time somewhere.
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Noticed something interesting for the past week according to the Bitmex leadership board. For those of you who don't know Bitmex is the largest futures derivative exchange and has the most volume so most whales trade on their for good liquidity. For fun they have a leadership board located at, https://www.bitmex.com/app/leaderboardLooking at the board you can see anonymously who is in the top 25. There is also another website that analyzes this data which is located on Coinfarm, https://coinfarm.online/rank/And as far as you can see there are 25 spots there, about 9 are inactive traders, 1 trader had a small loss of -4.41 BTC (#7 rank) but the rest were all making amazing profits. Especially rank 2,3,9,16,25 which managed to earn at least > 100 BTC in the last 7 days alone. Trading is zero sum, especially derivative trading and if you are a new trader you need to realise that before you over-leverage yourself and get liquidated you need to understand that there is some whale out there who might liquidate you and take your hard-earned BTC. So becareful out there. My advice, only buy BTC on spot exchanges and never on margin or with leverage. Because if we get a new ATH somewhere in the future you will be left with no BTC to reap the benefits.
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How often do you have power outages in your place? if it is fairly common like a few times a week then you should invest in some low-end type of Power backup UPS system.
Reason why is because getting a corrupt hard drive is the least of your worries you might end up damaging your GPUs if it happens frequently with power going on and off. I don't know what type of PSU you have, maybe if its high-end it might protect you but I would just get a UPS system. And get one that can send a signal to your PC that when there is a power failure to send a command to auto-shutdown.
With the photo above, just hit ESC and continue with recovery as usual.
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Generally what people do is they post the checksum in their official thread from the official username. This might be tedius however since with every small update they would need to post a new checksum everytime.
So a better approach is to include their PGP which is hosted somewhere safe like some University website or some other location other than where the software is downloaded from.
I don't think Claymore will start doing this however. I've asked him for years and the furthest I've gone with his request was that I took the SHA256Sum of his package and he just verified in a post that it was indeed the same checksum and that was it.
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I don't really think there are easy ways to make money, because eventually you really need to put some efforts in other to earn, PoS, Masternode, Trading, Signature campaigns Mining, Faucets e.t.c all required one effort or another to make it achievable,
Running a MN or PoS requires you to have certain amount of the coin, need a pc and a constant electricity supply,
Trading requires experience to be able to trade and make profit otherwise you'll lose,
Mining needs better mining tools plus electricity supply to be able to mine,
Signature also have its own requirements that if you could not meet up with you won't receive any reward or get paid,
Faucets needs lots of patient because the amount you are given at a scheduled time won't amount to anything within a short period, so you gats to work hard and longer to earn a meaningful amount with faucets, and so applies to other aspects, So in my opinion there is to easy way only chose what you can handle.
Giving you a merit because you pretty much summed it up pretty well. Basically there is no free lunch in crypto anymore. To add to your Masternode idea, you need to realise that you get paid in the current alt-coin. And unless you can margin trade that alt-coin and short it to hedge then the value of the coin can fall and usually does with respect to BTC. Hedging BTC is not a concern because there are tons of ways to hedge that but many of the Masternode coins you can't margin trade and hedge. So you might get gauranteed coins by running a node but the value of those coins can fall and you will lose BTC value or fiat value. You actually don't need a PC or electricity for a masternode, you can simply rent a AWS server and run it from there. Will actually be more secure than your own home server if you don't understand security very well.
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Since you are posting a link to a site that you own and its for trading then you need to post this in an appropriate category like the Service Discussion or Service Announcement, because it has a chance of getting deleted. Especially since you made it clickable text which is what most people use to get a higher rank in Google search listings.
Its pretty smart that you made a smart contract like this however you need to post more info. Like what is the max bet, where do you get your price feed from and post a signed address of the available funds to prove solvency. Also your code should be audited by a 3rd party to make sure there are no loopholes or bugs.
Also is there anyway to access the site without having to install MetaMask ? Most rather not install additional software and most will lose interest since it seems they need to put in some work to make it load, gamblers and traders these days are lazy and want it to be simple as possible.
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Is there any proof that this was a winning bet since it was onchain? I don't remember how the bets were handled back in those days. It was probably based off the hashed block. There should be some way to check whether it was a win or not.
It's possible that there was a bug and he wasn't paid however the problem is that Satoshidice switched owner once or twice since then from what I recall. Megadice is the current owners however they also seem very inactive in these forums. But you might as well contact them. You should of done this years ago however because most likely since the owners changed hands then any debt owed might not be transferred to the new owners but stay with the old owners.
I guess he is bringing this up now since 0.04BTC wasn't worth much back then but now it's worth almost $400 and he wants it back. Basically a good way to hodl. If he gets it back.
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I read the review and the first red flag is that they accept USA customers. As far as I know binary options are not legal in the USA unless its regulated by the same people that regulate the futures markets, basically CFTC. Basically the same party that regulates the Bitcoin Futures.
Since this website is based outside of the USA, most likely its not in compliance. I am also surprised that they accept Paypal because last I heard Paypal forbids these types of binary option transactions.
I didn't find where it said about the 1000x roll-over, but it seems like a ridicious amount and almost impossible to achieve. I understand they don't want people making fake accounts and trying to make a free withdraw but they don't need to do 1000x, maybe even 25x would be impossible for most.
Either way, I would becareful of this binary options site.
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For some weird reason, many of the miner software almost never has any type of checksum or signatures available. Its been like this for years and no idea why. It looks like you were provided the checksum for XMRIG however many software like Claymore's is never available.
I've posted this on the official Claymore threads and I kept telling the guy to "Please post checksum or your signature so we can verify the download". And he usually never replied to my post. It became an issue because his downloads started getting flagged as viruses and you couldn't tell if it was a false positive or not. But he still wouldn't post the checksum. No idea why.
I am guessing that unlike wallets which keep private keys, most people run the software on a dedicated mining rig which does nothing but mine. So there are no private keys or anything. However there are people that mine with their personal computer that they use on a daily basis and they would like assurances that its not malware.
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I am sure there are some illegal ones out there that steal your funds but there are many which are actually legal however the point is that its VERY difficult to make any money with them.
One reason is that the house edge is way too high. So say you take 10 trades and you win 6 of them but you are essentially at break-even. Since you would win about 480 points but you would lose 400 on the losses, so you have a slight win. However many traders have difficulty with a 60% win strike rate.
Maybe if you do analysis and only take binary trades on the 1 hour or the 1 daily charts you might have an edge but most people use the 1M or 5M charts and its pretty much completely random then. So chances are you wouldn't make any profit, at best you would be at break-even.
However with these deposit bonuses it makes it almost impossible to break-even since they got crazy high roll overs. You might as well just go on a dice website which has a very small house edge and play like that.
Even if you are a good trader and can predict when price will reverse, you might as well just trade off the spot market, your fees are cheaper and you can get out at any time while with a binary option broker your trade closes when the time runs out.
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The issue I find with all these review sites is that they are nothing more than harvesting google organic traffic by posting a link on this forum and to just get affiliates to join and they can profit off that way.
Right now I can't really see the scores because it says "Currently reviewing scores" but from the comments I am assuming that the scoring wasn't really fair AND they did this primarily because most people already got accounts at Primedice, Stake, Bitsler and so they aren't going to make another account. If they promote the smaller sites they have a chance at getting a referral and making some profit.
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DC will soon open a BTC redemption service on the website (one-click exchange transaction, use DC to play the game, you will get additional discounts, of course, you can also convert DC to BTC). At the same time, the plans of the DC listed exchanges are also in progress, detailed platform redemption functions and exchanges, we will explain in the subsequent announcement.
How will this work exactly? I am confused here. You are saying that DC is a token you created on the Ethereum network as an ERC20. That is fine. You are saying that people can use this token only on your website to gamble correct? They get discounts like perhaps lower house edge or some promos. I understand this. The issue is when you say you wanted to get listed on an exchange and you will have a DC > BTC and BTC > DC on your website however who will determine the exchange rate? If you set the fixed rate at say 1,000,000 DC per 1 BTC then why would it trade at any other price on the exchange? And what would happen if on the exchange the price wasn't capped to your fixed ratio? There would be issues. Someone could dump a whole bunch of DC and crash the price lower and it would make the DC tokens worthless. I don't see there being an issue with the token itself on your website but I don't see why you need it to be listed on an exchange.
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I think on Dec 4 is the next HF Istanbul. It has nothing to do with the mining. ProgPow was initially scheduled for the next HF in the 1st quarter on 2020. The share of asic miners is way too small and progpow won't have any effect. However, because of the crash of ethereum price devs decided to switch to POS quicker. From some articles in coindesk, I've read that the next HF Casper is planned for 20 Jan 2020. It will start the new POS algo, a.k.a. Ethereum 2.0. There will be no mining after that date, only stacking. The minimum amount is planned so far to be 32 ETH, but it is not finally decided. Currently, Casper is implemented on testnet with some POW/POS mix. I think every 100th block is validated by POS. It is possible that devs will introduce some transition period of half blocks verified by POW, and the other half by validators, i.e. users that stacked eth and lend their computers for block validatioins. There are many coins with such mixed algos - like ETP (metaverse) which uses both ethash and POS. But there is no word from devs about that, so the transition may be radical and the mining to stop in Jan 2020.
Do you have a source for this? I know about the next Istanbul HF but what is planned for Q1 2020 is unclear. I used to frequent the Ethereum reddit, https://www.reddit.com/r/ethereum/However lately there doesn't seem to be much concrete info. Someone actually asked is ETH 2.0 scheduled for Q1 2020 and it got mixed answers. Seems that the only way to be in the loop is to listen to the entire hour long dev calls on youtube and most don't have time for that. Usually there is a summary posted somewhere but I couldn't find it. Either way, the switch to POS in Jan 2020 seems rushed since November is pretty much over. Don't think it will be that early.
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