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5881  Economy / Gambling discussion / Re: Practical "Self-Exclusion" from Bitcoin Gambling Websites on: November 30, 2019, 04:57:07 PM
Imagine you’re a heroin addict and you know your drugs are locked somewhere. Your cold turkey will cross all what it takes to get to the drugs and this is proven time and over again. Apply the same logic here. Doesn’t matter if the crypto is not with you but as long as you know it’s yours and someone has them, you’d do everything to get access to it. Treat the gambling addicts just like they treat the drug addicts and it will work out. The change has to be permanent and not temporary.
Yeah, if there is a way to use that money, an addict will find a way to do that. I think that if resources allow it, this person should dive into an environment where gambling is impossible. No Internet, no smartphone kind of situation. Perceiving the nature, focusing on some activities, working on social relationships... This could really create the situation where the person goes past the period of willing to gamble. Although it seems that such methods work, I find them cruel.
5882  Bitcoin / Bitcoin Discussion / Re: Maybe satoshi is dead on: November 30, 2019, 04:32:10 PM
We can't tell because Satoshi can be a group. But there's always a possibility. A decade passed already and it's been too long yet we still have no idea about who Satoshi is. Maybe he's still alive and just watching us while having his own freedom. If he's actually dead, then there would be lesser possibility of knowing the real Satoshi...

I'm just curious if his family does actually know that he is Satoshi, the one who created bitcoin...
Even if it's a group of people, there must be the leader of this group that should be considered the Satoshi. I don't think it's a group, though. For one, this forum's Satoshi was lost likely one person. More importantly, why would Hal Finney be the first Bitcoin recipient? A group of people could run some tests between themselves.
Satoshi could be a woman, though, as far as I know. People keep saying "he", but it could be a "she".
Perhaps, we'll never know. And I think it's for the best.
5883  Bitcoin / Bitcoin Discussion / Re: This is big news for Germany Bitcoiners out there! on: November 30, 2019, 04:25:29 PM
Great news,  thank you for sharing.
Germany is leader in EU and usually what they do or decide other countries in EU simple follow.
I think that now we will see other banks in EU with the same policy toward crypto what is very good news for EU crypto community.
Of course,  China, Russia and other countries are different story.
But, I think that even before this news we had many positive examples about mass adoption of crypto in EU countries like recent example in my country where state owned Croatian post offering crypto exchange in local post offices.
Actually, there's been an thread about it already: https://bitcointalk.org/index.php?topic=5205444. However, it's important info, so I guess it's okay to have another thread about it. Like people states both here and there, though, the EU-level bill has to pass before any of that stuff with Germany can become possible. So it's early to talk about great news yet in this case. Moreover, the banks might refuse to process cryptos on their own, it's not like all they are waiting for is for cryptos to become legal for them.
5884  Bitcoin / Bitcoin Discussion / Re: Was Hal Finney the real Satoshi? on: November 30, 2019, 12:46:49 PM
Haf Finney used to be a member of this forum before he died, and in 2013, he wrote a huge post called "Bitcoin and Me" giving the history of how he came to be involved.

I recommend everyone read it:

https://bitcointalk.org/index.php?topic=155054.0

He wasn't satoshi, and he was ill a lot of the time Satoshi and Gavin Andreeson were working out the bugs in the bitcoin wallet.
Apart from this post, there is also the fact that Hal and Satoshi accounts on bitcointalk talked in threads sometimes. I remember one of Satoshi posts saying something like "thank you, Hal, it means a lot coming from you". Why would Satoshi thank himself like that? So the answer is definitely 'No'.
Till this day it's unclear who is the real Satoshi, but it doesn't mean that literally anyone could be that person. Some people can be crossed out. Hal is one of them.
5885  Bitcoin / Bitcoin Discussion / Re: 61% of Bitcoin hodlers could sell at a profit on: November 30, 2019, 12:41:31 PM
100% holder at 3000$ could sell with profit.
I don't think 61% is a reasonable nubmer, and it's just clueless.
what about people who bought at 20k, or 15k, because 15-20k is the range that they buy and sell so much. very big volume, and some of them might never take back half of invested money.
What is the $3k number about? In the tweet, it is said that if the price is the way it is right now, 61% would profit from selling. I wonder how that number is calculated, though. If it a thorough study of addresses that have been holding BTC since a certain period of time but not since the $9k and above time? And what about people using exchanges all the time? What about those who bought prior to 2017?
It seems to be a number which is hard to calculate.
5886  Economy / Gambling discussion / Re: 100% guaranteed no loosing sport betting method on: November 29, 2019, 05:51:29 PM
I create 1000€ in total syndicates pool value

I add 100€ in total to the syndicates (10% which is minimum captain contribution)

Because my total is above 750€ I receive back 10% rebate on the total value the next week which is 10% of 1000€

Result => I invested 100€ in my own syndicates and next week I receive back 100€ (10% rebate of 1000€)

So if I can calculate good I receive back as much as I invested. So 0€ of my balance is exposed of loosing and every winning ticket will bring tickets. But if a ticket is wrong I do not loose cause I have my rebate returned to me the week after
I think I finally get it. Okay, if it is indeed like you say it is (and we neglect the fact that one can invest €100 and never get the rebate back because it's a scam), then it is risk-free for a captain.  I wanted to ask the following questions, though:
1. Who is paying the rebate to the captain and what is the motive behind this action?
2. What happens when a captain invests 100 euro but other people don't invest 900 euro, so there is no 1000 euro syndicate?
Apart from that, even though I read your thing about people who don't know betting but want to do that, it seems unfair to the members of the syndicate. And it does resemble a ponzi.
5887  Bitcoin / Bitcoin Discussion / Re: French National TV Starts Advertising Bitcoin on: November 29, 2019, 05:29:20 PM
TF1, the first national channel in France, has begun broadcasting Bitcoin-related ads multiple times a day. The services being advertised are by Keplerk, which allows people to buy BTC in over 6,500 tobacco shops.

Bitcoin ads are airing in France on the leading national channels. Watchers of TF1 unexpectedly found themselves viewing Bitcoin ads promoting Keplerk’s Bitcoin services in between their programming. Keplerk is a company that recently announced BTC purchases in many of France’s tobacco shops.


Check out the full news here

For me, I think this is a great move by TF1. Now that they’re increasing Bitcoin’s exposure in France, I would expect that other countries who are pro-Bitcoin or crypto will follow suit in the future.
I am not watching TV at all, and it's been like that for years, so I don't know who and why even watches that (TV series excluded). My point is that TV is probably for people who are not interested in Bitcoin anyway. And obviously the service is promoting itself rather than Bitcoin. Moreover, I don't like the tobacco shop part. It's a personal choice to smoke or not, but promoting it is not a good thing. Moreover, it's not a good association with Bitcoin is creates. I mean, it's not as bad as it could be, I guess, but a chain of cinemas/cafes/shopping malls would be better. Still, though, it seems that this is better than nothing, it's still publicity and not necessarily a bad one.
5888  Bitcoin / Bitcoin Discussion / Re: New EU law: Banks allowed to hold and sell Bitcoin as of 2020 on: November 29, 2019, 05:02:49 PM
Why would they? They need their customers to use them for a very, very long term. Even in Turkey some banks are prohibiting Bitcoin trade (although it's not illegal at all) in ways that they literally ban you from using some of their services if you are sending/receiving money from known exchanges. Although the legal obstacle is gone, this doesn't mean that they are going to start doing it.
I agree that the problem is not only that it's prohibited but also that the banks don't want to do that. Creating the legislation that at least allows it is a start, though. Maybe some banks would like to take this opportunity. I think it could actually ensure their survival and the usage of customers you've mentioned. If banks offer people to store Bitcoins with them, they can charge a small extra fee many would be interested to pay for what might seem like double protection as well as the guarantee of legality. And yes, this way this person loses the sole access to money and the pseudo-anonymity, but some might value other things over it and still be interested in cryptos. And besides, it's banks that could profit (and some already do) most from the reduced fees or international transfers.
5889  Alternate cryptocurrencies / Altcoin Discussion / Re: You think that governments might adopt cryptocurrencies to replace fiat currency on: November 29, 2019, 04:50:15 PM
I really don't see why governments/nations would need cryptocurrencies if most of the important features of Blockchain will be discarded. They will most likely discard, immutablity, transparency, decentralization, anonymity, permissionless, trustlessness etc. These important features are what make cryptocurrency, cryptocurrency.

They probably should just use digital fiat unless they want a shared/single Blockchain for fiat-like tokens
Well, some have already considered that move. Yes, national cryptocurrencies are not decentralized or anonymous, so they can be less attractive for crypto enthusiasts. However, there are some problems they could solve for the state once and for all. For instance, there cannot be any counterfeit money, and it's a big problem with cash. Then, cash has to be produced regularly, since such fragile material things spoil fast. Finally, it could save a lot on international fees and big transfers. Considering all of that, I think that more countries will at least think about it and perhaps even implement it.
5890  Economy / Gambling / Re: Supreem.IO Alpha 1.1// Multiplayer PvP Unique Game UPDATED on: November 29, 2019, 04:30:45 PM
Wow, I got the 0.0001 bonus which must mean that I was not among the first 100 that registered. I guess it's a sign that the website is getting attention, congrats!
So I tried playing Supreem and I stand by the statement that some exlanation of how the game works would be nice. I suppose it's the more you bet the bigger your chances are kind of thing? If that's so, it's not a bad game and it's not abundant but it's not unique either, I have seen it before and with a better animation.
I also suggest you to make the betting rounds a bit shorter.
And something seems to be wrong with coinflip, because there've been two people in the game and it said 'The game is about to start' but did not after a couple of minutes. I can see that there've been made guesses why that is so, but it was a bit annoying, so maybe this feature of the host clicking something should be abolished.
5891  Economy / Gambling / Re: Supreem.IO Alpha 1.0// Multiplayer Unique Game on: November 28, 2019, 07:17:10 PM
I've registered on the website, and I am waiting for my credits to try out the games. I like the design, but so far I don't think I understand how the Supreem game works. The options look like those for a dice game, but there's this "waiting for a round to fill thing". Is it a PvP dice game of some sort? Or it is something completely different? Some information about the game would not hurt, you know, especially since you're calling it 'unique'.
I've sent the message through the chat on the website, but I have not received anything yet. I'll try to see how it's going again tomorrow.
5892  Bitcoin / Bitcoin Discussion / Re: Biggest Shopping Mall in USA Goes All in BTC ATMs for Holiday on: November 28, 2019, 07:03:19 PM
Having the Bitcoin ATMs there is all good and well, but if the people are just buying to spend it at merchants that would convert it to Fiat, then it

would have zero influence on the price. True adoption needs more P2P trades without these ATMs adding high fees for the transactions. Do not get

me wrong, I am not saying it is totally bad for adoption... I am just saying that it is not the ideal method to put bitcoins into people's wallets. Now

the shops in the Mall should just give extra discounts for people paying in bitcoins...then we will see good adoption taking place there.  Wink
Well, the effect on the price should not concern us when we are talking about adoption. As for the argument itself, I think that trading is not as good as people trying to actually buy stuff with Bitcoin. And yes, it's sad that they have to sell their BTC for fiat for that. And come to think of it, if many people sell BTC to spend money on Holidays, the price is likely to go down even. Anyway, ATMs at least show some recognition that people might have money in BTC, which is not bad already. But I'd prefer something like PayPass for BTC instead, of course, as this way unnecessary transformations into fiat and fees could be avoided.
5893  Other / Beginners & Help / Re: Screaming SCAM, means you're stupid. on: November 28, 2019, 06:56:50 PM
Honestly, I see a number of posts in several places such as casinos, forums (especially bitcointalk), and other social media, that is they say SCAM. When other people ask, how can they fool you? and the victim answered, I played this way blah blah blah blah and then I lost it shouldn't be because I used the method blah blah blah blah (until his mouth was foamy).

Hold for a while, user play and lose ?, user trading and loss. Then where is the SCAM? The answer is NOT a SCAM, but rigged.
I agree with you that if a person simply loses, it's a scam. But I have not really seen many cases similar to what you are talking about. Most of the time when I see scam accusations, they are related to a situation where people cannot withdraw funds from a casino or something. Another kind of case somewhat resembles those you're talking about, but they are different nevertheless. I am talking about people who were playing and kept losing against the odds (literally, when it's a game with strict odds but you keep losing). And these people might be right because it can mean that a website states certain odds when they are actually way lower, so people lose because of casinos being unfair.
5894  Bitcoin / Bitcoin Discussion / Re: Why Satoshi hides his identity? on: November 28, 2019, 06:36:18 PM
For the betterment of bitcoin in general. If he/she/they didn't go to hiding, the media would be giving Bitcoin some sort of "labels". For example, if Satoshi was a Trump supporter, headlines would be "Bitcoin founder is a Trump supporter" or something, potentially making non-supporters of Trump dislike Bitcoin. (I'm not saying that I'm a Trump supporter/hater. This is just an example.)

Also, idk, I'm quite sure the government would be on Satoshi's ass for creating something that could potentially dethrone the United States' official currency. Satoshi would probably be kidnapped by the government or something.

These are just 2 of many.
I think that the second thing is an important point. Not only the US, but many authorities from many countries can be very pissed with a person that challenges the status of fiat and gives people new opportunities. Moreover, Satoshi would probably have to go to court on tax evasion charges and be forced to give a solid ton of money to some government because of being that state's tax resident. Apart from that, this person would have to live with attention to every aspect of one's life and the lives of those who are dear. It's a step you make, and then there's no way back from insisting journalists for the rest of life. So yeah, there are many good reasons why this person does not reveal identity.
5895  Bitcoin / Bitcoin Discussion / Re: It is impossible to proof that somebody is Satoshi. on: November 28, 2019, 06:10:21 PM
It is impossible to prove that somebody is Satoshi.

I firmly believe that even if real satoshi turned up one day, people will also declare him Faketoshi.
This is so true.

Even if Satoshi presents his privatekeys, signs messages, shows his passwords, e-mail account accesses... it could be someone else who has all these privatekeys, passwords, accesses now.
He would only prove the ownership of these but it is impossible for somebody to prove that he is Satoshi.
I think that makes sense. However, not fully. It is impossible to ultimately prove that Satoshi is Satoshi, I agree with that. But there can be a certain distinction about various candidates, and a person making a signed message would at least be someone worth taking seriously, and someone who will generally be considered Satoshi. And I think that then this person can get confirmed by some others that might know the real Satoshi from the early times, this person might be able to clarify some things about Bitcoin in a way that will differ from the thoughts of others... And so there'll be a pretty good chance that this person is Satoshi. I, however, think that it won't happen.
5896  Bitcoin / Bitcoin Discussion / Re: Why the next Bitcoin halvening could be the most dramatic one yet on: November 27, 2019, 05:59:46 PM

Heralding a bull run
Historically, Bitcoin bull runs have been linked with halvings. Looking back at November 2013, approximately a year after the first halving in 2012, Bitcoin reached $1,000, an all-time high at that point. In December 2017, Bitcoin’s price peaked at $20,089 (according to CoinMarketCap), which was preceded by a halving event in 2016.

With many analysts predicting that Bitcoin could reach a market cap of $1 trillion in the near future, and trading platforms like eToro increasing accessibility into the market, it’s very likely that the next halving event could herald a historic bull run for the coin.
I don't think it's right to say this in our context. If there were, like, 30 halving events before, and the vast majority were followed by the bull runs, it could be said that historically the two are correlated. But there've been only two halving events, and they were not immediately associated with price growth. In fact, the price actually went down and was finding its way up for a while, and the bull run of the end of 2017 can hardly be attributed to an event that happened almost a year and a half before that.
So this halving can bring joy, especially if the FOMO works, but it can also have any other or no impact.
5897  Bitcoin / Bitcoin Discussion / Re: Bitcoin and New Ukrainian cinema on: November 27, 2019, 05:48:01 PM
Thanks for raising this topic! Cryptos are indeed pretty popular and Ukraine, and since our films are still rather terrible, so I don't watch them (just look at the trailers and you can see objectivation of females, homophobia, stereotypes and dumb jokes). it was interesting for me to hear that they mention cryptos!
That's interesting! I just tried to see wikipedia to know about the legality of cryptos in Ukraine and surprisingly, it is blank! The name of the country is in the list of nations but the description is just blank unlike any other countries.
Like someone already mentioned, it was not always blank, I remember it saying that cryptos are legal. It's not true, though. Here cryptos are neither legal nor illegal, but our country is welcoming new technologies (Blockchain has been mentioned by the authorities as a good thing even), so it's a matter of time till they are legalized. A couple of draft laws about regulation failed, though.
Nightmare Director, or School # 5

LOL, I didn't understand anything except "bitcoin" in that entire trailer, but even though the mention was made by what looked to be criminals in a dark room, it was still pretty cool.  Awesome summary of bitcoin in cinema here, OP.  I always thought crypto was popular in Ukraine and Russia and eastern Europe, more than it gets credit for anyway.  And if it's being mentioned in movies, it must be going mainstream at least somewhat.
I haven't watched this film, but the trailer says that a school gets a new principal, who previously worked in a penal colony. And then there's this school, the cool guys of this school, teachers approving of the new principal. Moving to the Bitcoin part, the following dialogue is happening between people who look like typical Post-Soviet gangsters:
- Do you know what's Bitcoin?
- Yep, it's a composer.
I think the joke is that Bitcoin and Beethoven sound a bit similar.
So anyway, this film, unfortunately, seems to be among those that reinforce the stereotype that Bitcoin is for criminals.
5898  Bitcoin / Bitcoin Discussion / Re: I'm Thinking of Bitcoin Blockchain Accessible Without Internet on: November 27, 2019, 05:22:02 PM
What if I'm in an area without internet and I need to spend bitcoins?
You go to an area where you have an internet connection.

Wouldn't it help the decentralization principle if bitcoin doesn't depend on third-party internet connection?

Yeah, it would but all the solutions that are trying to bypass the lack of an internet connection are not scalable, nor are they viable for your average Joe. That aside, there is still one problem, you can send a transaction with having the internet to another party, the problem is that this party has to have internet connection:P Not even going to touch the whole block propagation stuff.



You've mentioned an article about using the radio (did not know that it was possible), but I wanted to remind the op of the satellite solution, which is not the Internet but seems alright. I have not used Blockstream, but it seems to be a decent project. I am also not sure whether what they say is true, but if it is, transactions are supposed to be cheap and the service is available 24/7. Most of the time, though, I believe that the Internet connection is not a problem, and the tendency is that it will be even less of a problem in the future. Watching a video by Antonopoulos, though, it seems that it's not cost-effective, because it requires equipment which will cost at least $100.
5899  Bitcoin / Bitcoin Discussion / Re: Quantum computing is not really a Bitcoin problem. on: November 27, 2019, 05:00:14 PM
I’m no computer expert, but my understanding is that several years from now or even a couple of decades, quantum computers will be able to crack Bitcoin private keys therefore jeopardizing security or our wallets.

I would contend that the security of Bitcoin and altcoins is not the only thing we should worry about. All the passwords we use every day for bank accounts, emails, etc. will be much easier to crack than a Bitcoin private key.  Those less secure passwords are the most vulnerable.

I think that as this becomes more realistic, there will be defenses put in place to protect all types of passwords, not just Bitcoin private keys.

Please share your thoughts and correct me where I’m wrong

Thanks

True indeed! If quantum computer becomes powerful enough to break bitcoin's security, it will be way easier for it to break banking network! Also it's very unlikely that quantum computer will fall in the hands of wrong people who would use it for such activities!

Big conglomerates like IBM and Google are investing behind it and they will have complete control over its usage! No way, these companies are going to destroy crypto encryption or banking networks. It's no way a threat to cryptos!
To be honest, I don't see the logic behind it. Or perhaps it's sarcasm and I did not get it... I believe that we'll be fine because quantum computing will never become advanced enough. And I agree that if quantum computing succeeds, it will be a big problem not only for cryptos but for security as we know it. If someone has such power, it can get in the hands of some pissed-off workers of those companies, or it can even be used by those companies to attack privacy just like they love to do it these days. Hopefully, measures against quantum computing will come before quantum computing can do much damage. There are hopes for that since D. Chaum is already working on quantum-resistant crypto.
5900  Bitcoin / Bitcoin Discussion / Re: Bitcoin up 250,000% in Less Than a Decade Compared to S&P 500’s 147% on: November 27, 2019, 04:53:24 PM
If you had invested in Bitcoin in 2011, you would have received a 250,000% return on investment (ROI). Bitcoin’s performance has far outpaced other asset classes, a fact that many Bitcoin proponents highlight to potential investors.

For comparison, the S&P 500 has provided a 147% return on investment since 2011.


Read the full news here
I know how it really feels not knowing or ignoring Bitcoin years ago. If I did, I could be one of the Bitcoin whales right now. Same thing when Ethereum came out.
With Bitcoin, I don't think it's ever too late to invest. Especially now, when the market is so down. You should not regret what happened in the past. Some have not heard of Bitcoin, some heard but did not really believe (this happened to my parents in 2012 or so), some heard and had a gut, but did not have money to spare on investments (I bought 1 Ethereum and 1 Litecoin when they cost less than $20 each. I knew they were going to rise, but I did not have more money to spend on investments, and one should only invest what one can afford to lose, so that's what I did), some already wasted that money in one way or another (a friend that told my parents to buy Bitcoin in 2012). Bitcoin still has plenty of room to grow, and all of us are still early adopters.
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