Yes it makes a difference when its used as a service such as a gambling website.

Say someone owns a bunch of some mid-cap alt and nothing is happening to the price, the individual will most likely sell it causing more supply and might cause the price to decrease if there are enough sellers like him.

Now say its accepted at their favorite gambling website, the individual might keep it for gambling instead. Then there are no sales and the price remains stable, and if enough individuals do this then it might cause a demand for the alt and cause the price to increase.

This is why it was important at the beginning for BTC itself to be used for goods and services such as those 2 Pizza's for 10K BTC. Because people realised they can use it to buy goods one day and they held on to the coin instead of selling it.

Ahh the good old "BET MAX" button. I remember back in 2015 or so I think I lost an entire BTC due to that button. If I recall it was on Primedice and I would manually adjust the bet size and I would pretty much never use the "BET MAX" button except in 2 occasions. The first time was due to the slip of a mouse and I ended up winning I think like 0.20 BTC due to the mistake, was very excited.

The second time, not so much. It was late and I was doing probably 100-200 or so manual bets and for some reason didn't move mouse to the correct spot, hit BET MAX and then hit Roll and it was a bust. Felt very bad. And the weird thing is that my brain I think saw that I hit the max bet and was going to stop it but my reflexes were too fast and hit the bet anyways.

So this is why many dice sites have removed this feature or at least gave people an option to disable it due to too many people complaining. I think on mobile the frequency of hitting it accidentally increased actually due to the poor navigation of some devices.

The R9 390 8GB is overpriced in my opinion. I think it holds a premium because its the only Hawaii type of GPU that features 8GB of ram but you got better alternatives out there, especially when it comes down to mining.

You can get an RX 470 4GB/8GB for way cheaper and it will yield much more profit and much less power consumption.

The 390 8GB I think is better than the RX 470 8GB in gaming but not mining.

Going to be trying another long here on the XRPBTC pair. Basically first trade on XRP after that huge loss that happened earlier when it had the huge crash.

I am trading off the daily and currently ~3300 Sat area is strong resistance since it was support previously, if I see this broken with conviction then I will enter a long if it retests.

I think the low was indeed the ~2770 area and we won't be going lower than that. On the XRPUSD chart I am bidding around $0.25 which seems like a great area to long because support looks very strong. Hopefully it won't break this time.

Wow, never knew this was possible. I will definately try it out. It doesn't make sense to pay the 2% fees.

I knew they charged low fees but I assumed it was only for high volume client, never knew all you had to do was use their API.

They seem to be the only exchange to do this. Most of the other exchanges whether you use API or GUI online the fees are the same. I find it very strange.

You know what November was also historically a very bullish month for Bitcoin prior to 2018. Basically almost every November since Bitcoins existance (except 1 maybe) it had a bullish month.

Too many people knew this and this is why everybody was expecting Bitcoin to rally in November 2018 and instead the complete opposite happened and it crashed.

So the month of the year doesn't really have an impact of the price of BTC. Maybe month of March if it follows a Bullish periods since people will sell in March to pay Taxes in April.

This is a very strange topic. I think the original poster should of worded it differently.

What he meant to say is that Quantum Computing advanced too fast to the point where it could solve public keys. Meaning if they are present with a public key, they can compute the private key for that.

If this actually happened and it was leaked then BTC would probably crash under $100. Because the security of Bitcoin would be broken.

However even if there was a hard-fork with a quantum resistant code then who knows if BTC still could be rescued, it might of never recovered the crash.

Either way, this won't happen, at least anytime soon.

I wouldn't consider this a sudden move. There have been moves similiar to this for the past few days and most of which retraced almost immedaitely and this move just took longer.

The issue I see is that the volumes are down because people don't know which way its going to go. Either back over $10K or back under $9K.

Another issue is that Bitmex is getting lots of outflows due to the US investigation and this leads to less liquidity and hence why these small orders can create moves this large.

Wow honestly I never knew that. I swore that Pitcairn type of GPUs either use 1GB or 2GB of ram. Because I had a few of the R7 370X and they had fast Samsung memory but it was 2GB. Never knew 4GB was an option.

The 370X was a good card, the older 7850 were bad because many of them had 1GB of memory and the memory was bad Elpida type of memory and wasn't good for overclocking. But I remember when I used to mine XMR with my 370X, due to the fast GDDR they were almost as fast as the R9 280X GPUs, maybe 15% slower or so.

They had a good run but these days with most games or mining algos they aren't just worth keeping.

How hard is it to use their API to do this?

Because I can't even switch from the simple interface to the ActiveTrader interface. Its a big hassle and you need to email them and wait to be approved first.

A few weeks back when ETHBTC was low, I wanted to buy some ETH with my BTC which was sitting there doing nothing and turns out you can't even do that.

You can only Buy or Sell the Fiat based cryptos like BTCUSD, ETHUSD, LTCUSD,BCHUSD, and you can't do ETHBTC or BTCLTC, etc. You could do this a year back or so but with this simple interface you don't even have that option.

So to get the API trading going, do I need to be aproved first or can anyone do this?

What is funny about his post is that I've actually had a close friend who asked the same question. He had like 0.01BTC that he made by mining and he wanted to "earn money" and wanted to do it with casinos. He basically would treat it as a type of "job".

I told him that with gambling, its gambling and not "working at a job" but he said he had some secret algorithm and that after hours of work he makes gauranteed money.

Long story short, he turned the 0.01BTC into something like 0.11BTC before losing everything all together and basically calling gambling and bitcoin and crypto a scam altogether.

I asked him did he get his computer hacked and his BTC stolen. But he basically explained to me his "secret algorithm" and it was pretty much low risk martingale. He would bet like 10 Sats and would do martingale until he won. And what happened was he hit like 17 reds in a row and his last bet made him bet his entire account and he was bankrupt. He said that 17 reds in a row is "impossible" and that "bitcoin is a scam" and never looked back.

Its crazy what certain people think.

One issue with investing to consider is this...

How long do you plan on leaving your coins on the investment account.

Because due to bad luck, right after you invest the site could be operating at a loss where the gamblers are winning. However since its a casino with a house edge, eventually they will be in profit. However this could take time.

Right now BTC is almost $10K, say it goes to $15K or $18K very quickly but your investment is at a loss, what will you do? This is something to keep in mind.

Its looking bad because we got a bad weekly close. I am think we will probably at least see $8.5K area before we head back up past $11K or so.

The issue here is that since June 26th when we almost hit $14K, we kept making lower lows and lower highs and this is clearly seen on the daily chart.

With the declining volume however it looks like maybe the bulls might have a chance, hopefully the $9100 support holds and doesn't break. If it goes then there is massive stops below $9000 and should hit $8.7K area very quickly shortly after.

As far as I know Bitfinex doesn't do KYC. There were some rare cases that they had to perform it or for some very high balanced accounts.

Can you provide more info like how much did you deposit, could be a ballpark figure?

Also where did the deposits originate from, if you used some Mixer of some sort it might of set off some red flag and that's why you got KYC.

Glad it worked out in the end, and that you got all your money back.

Yes I did that in the past, had to open up a US bank account and set it up with Gemini. It was a pain in the ass however because due to their strict KYC, you have to send them a wire first and then they send you wires out.

The issue was that my bank didn't know how to send the wire correctly, finally they decided to call the receiving bank and got the proper instructions and it went through. Almost gave up... so you might have better luck then me. If you get some lazy teller then most likely they won't send it properly.

And yes the fees are very high. Gemini upped its fee again to like 1.5% from I think 0.5% when I joined and you also get charged a 2.5% fee when you convert into CAD funds.

The R9 370X is basically the R9 270X rebrand which is a rebrand of the Radeon 7850. So its an old old GPU and it featured max 2GB of ram. So you definately can't mine ETH with it since the DAG is well over 3GB. Your best bet is XMR but the profitability will be very low.

Same with the R9 380, if you got the 2GB you can't mine ETH but if you got the 4GB version then you should be able too. Don't recall the speed, I think they got like 20MH/s or so but used more power than a regular RX 470.

If you got cheap power then go for it.

I know what you are saying. Basically if BTC was $1/BTC and you typically wagered $50 a bet you could bet 50 BTC each time. When BTC is $50/BTC you would wager 1 BTC each time.

This is probably what most people are doing, because everybody in their mind keeps the fiat value in check. However the original post to this question was different. He asked if there are more people betting during a bull market or vice versa.

I think when BTC goes down, people are risk-off and they generally don't gamble as much just in case there is a larger crash and they end up with less fiat money. When BTC goes up, people are risk-on and they generally gamble more since they got more disposible income.

CMC usually delists coins when there is no active market for them. Many reasons for doing this. One way is to keep the market cap accurate and if a coin stopped trading at a certain price then the market wouldn't be fully accurate since you can't actually sell that coin at that price.

Also a coin could be delisted at a high price related to BTC, and BTC can rally like it did from $3k to $14K and the alt would get market cap even though the price isn't accurate, that's another reason why they delist.

And I don't think its a real delist, most likely when an exchange gets added, it will be listed again.

Can you provide more detail on this. I am confused what you are saying.

I don't think its possible to generate a private key from a signature or a signed transaction, even if there are hundreds of them. If it was that easy then exchanges wouldn't re-use the same BTC address with over 50K transactions.

Also if the airgapped offline machine has malware, how can that malware reveal the private key if its never connected to the internet. It would need to be some malware that runs together with the online computer but that seems too complicated to even work.

For everyone who is having issues with the DAG during the new epoch, remove or disable one of your GPUs and see if it works then.

If it works then you most likely need more memory, either virtual or RAM.

If it still doesn't work, then its some software issue.

Hard to diagnose this issue since some people are getting it while other's are not.