i think my withdrawal are big may be satoshibet are worried about this  It couldnt have been only because of the huge withdrawal however there has been recent complaint in the past to satoshibet about the site not using automatic withdrawal anymore (references and complaint below) . Ever since that there are few players that actually won a big amount from the no deposit bonus code, this step is taken to verify if any fraudulent way is used it seems. Another reason on why withdrawal is pending could be that the hot wallet is depleted at the moment When will pending withdrawals be processed? It seems this is happening quite often?
but now seem even have money still need they manually withdraw
that is bad for the player lol withdraw not immediate i'm waiting 3-5 hours still pending lol
no matter how much money they earned before, they would lose everything in the end. Not always the case, if you gamble up recklessly than this will be the case. As a matter of fact, some gamblers actually still floating in profit despite that they are playing it until now though |
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He not play with heart for argentina
You need two leg and feet to play football with not a heart. On the side note, Messi is pretty much giving everything that he could just that he seems to be not suitable with the Argentinian playing style though I would say his performance for the Final Match is pretty much lame and dissapointing Is it possible this match was fixed?
I dont see any point of the match was fixed. If you actually watch the match, you can probably tell that Chille deserve to win and they have been putting quite good defence there. On the other hand, Argentina is not a "small" country that could be bribed to lose to Chille. The country consist of alot of star player which means that there is no chance for the match to be fixed because it will take a fortune just to bribe all the players to lose in the final match |
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Bank are becoming afraid now of Bitcoin and it was a great concern in some countries. Due to the previous hype about Greece + BTC then most bank could have been monitoring the situation about this but leaving that aside, for now I could say that BTC is not a threat yet for bank. Unless we could have more people (adoption) to use it, BTC will just serve as a tool for some minority And another main factor while banks are afraid is because their investors might invest in bitcoin and bank wont have much income. You should probably learn on how banks make their profit (Hint : use google ) . Regarding the investor, I believe there has been quite a number of people shifting to BTC especially with the recent news of Greece and some fact that BTC has been rallying for few times ever since the past few weeks and that serve as a good sign that some people is actually getting into this And then I have no idea if the Blockchain technology in the banks version is a good news to their customers or not. The original will still be better. They can observe and learn about it however in the end they will be just making another useless clone. However this is not something bank would do unless BTC become a threat to them. BTC has shown some potential of becoming a threat but only a few people noticed it |
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then we can include them in the school syllabus
There is no chance for this to be done because the ministry would not be including BTC in the school syllabus. Each country has their own currency and what kids will be studying will be the currency of their own country how so, bitcoin could be potentially the new economic system, it is a very important topic No matter how important and how great BTC is, it is not something that is suitable to be taught to a kids. Merely because it is pretty much complex and isnt something that can be understandable for a kids. Words is pretty much simpler than an action, thing is that people think that it is easy to teach BTC to a kid while in fact I'd say it is pretty hard and not understandable by them. I have stated few things of my concern at the previous pages though on why I thought this is not something to be taught to a kid new generations should discourage their children from using a corrupted system like fiat and embrace bitcoin instead
Few things that is wrong, FIAT is not a system and also that it is the people that is corrupt. FIAT had nothing to do with it. |
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I wonder why some countries are still against this revolutionary currency.
You do know why and it is pretty much obvious that there will be several countries that will lost in term of economic if BTC ever be a global currency ( most likely it is the USA ). Due to the nature of BTC which is decentralized, this thing will never happen and most country will keep on going against this or otherwise they will suffer a lost. If Bitcoin becoming a Global Currency, a bunch of new Hacker will born.
You are being delusional to think that BTC is unhackable. Any wallet that is connected to the network is pretty much hackable and we dont need a "new" hacker for that but until the majority will use it(let's say 1B people) you can't really say that it is already a global currency
Kinda not correct on this, basically some world's trade need to be done with BTC for it to be acknowledge as the global currency . however, considering the recent greek situation and the increase in the number of people using bicoins i get a feeling that soon more countries will adopt bitcoins. it'll soon be a global currency but not now
Greece situation has nothing to do with it. If a country decided to adopt BTC as their currency, it doesnt make BTC as a global currency and I doubt that there will be another incident like greece anymore in the near future because people learns from the mistake they make . Regarding BTC and greece, it is still unsure yet wether BTC will be helping greece to patch all their issue as BTC may be their answer but it is not a guarantee they will be better after adopting it or so |
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Take a look at this article here: http://motherboard.vice.com/read/the-bitcoin-startup-that-helps-muslims-get-loans-without-breaking-islamic-lawSome key excerpts from it: Muslims make up nearly 25 percent of the world's population, but sharia (Islamic law) compliant assets are only 1 percent of the world assets, according to Islamic Finance, a private initiative owned by Islamic Finance and Sukuk Company, which serves the Islamic banking sector.
That means there's a lot of money exchanged hand to hand between Muslims—a lot of investments based on friendship or closeness. There is also a lack of sharia-compliant assets crossing international borders, Martin says.
If there is no profit, Blossom takes no fee. This allows both Blossom and the investor to benefit without violating the sharia prohibition against taking or paying interest.
Martin chose Bitcoin because the digital currency allows for transparency: all transactions are recorded in a central ledger, called the blockchain, which anyone can look at.
Blossom is now based in Indonesia, where there is a demand for Islamic finance. While there wasn’t enough demand for Islamic financing in the US, the opposite is true in Indonesia, where there are more than 200 million Muslims, according to Pew Research. “Eighty percent of the population is ‘unbanked,’” Martin said. “There is a huge need for investment capital.”
"This investment will help 10 to 20 micro businesses within Indonesia to expand," Martin said. "The idea of helping people create their own businesses to earn a decent living holds a special place in my heart .” What do you guys think? I think it's very interesting and it is a unique way to use bitcoin - if other parts of the Islamic world catch on to this then bitcoin can become a much more popular thing. For the first bolded part , I do read that he is willing to be a "hero" that create some financial provider company to help the other people to have a better life and I dont actually want to disrespect this stuff but if something is too good to be true than it is not true at all (mostly). Also that the second bolded part, he is not actually "helping" people to create their own business because in the end the loaner will need to repay their debt as well despite that their business might be unsuccessful The reason of choosing BTC to do this is actually quite odds because he needs all transaction to be recorded publicly. I dont see the difference with him using FIAT for this because every transaction will be recorded in bank as well as the name of the loanerand there is no point of him to choose BTC for that. Also I am not sure of his intention for this because a quick search on google lead me to know that there are few "sharia" bank in Indonesia already and people can ask for a loan there without breaking any islamic law as well P.S : I think this fit more in politics and society? |
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This is a delusion i'd say. Most early adopters have cashed them out during the peak of the price which was $1200 or atleast some still kept their BTC because they believe in it that it will rise up after X years .
It will not be the early adopters but it will be the chinese because having BTC under $100 is pretty much killing all ASIC companies which most of them originated from China so high chances that they will prevent this from happening since they are in controls of the price . Manipulation, bulish and suchs mostly comes from the chinese exchanger first though
-snip- And what are they going to do with them? Purely a speculation of mine because basically letting the price of BTC to go through below $100 is like killing their own entire business so I speculate there will be an action to prevent this thing to happen because once we hit that mark, there will be alot more sell pressure that will hammer down the price to dirt cheap . The fact is that chinese is pretty good in manipulating is also another reason I speculate on this as there are low chance that we might pass below $100 or nearing that limit though But the exchanges are the first to profit from wild volatility, which includes hitting that important mark, right? Nothing is more damaging to them than the price stuck at a certain level for weeks. During big price moves the volume traded increases exponentially, and so do their profits... If Bitcoin hits $100, the volume should grow tremendously. Panic sells will come and go along with euphoric buys, a speculator's paradise What I meant as their own business is that I am actually referring not to the chinese exchanger but rather to the ASIC manufacturer because with the price going as low as $100, mining wont be sufficient anymore with the current miners. They will be forced into either trying to find a sustainable chips that allow miners to get some profit even if the price is as low as X or that sustain the price by giving up some action like big buy wall and try to manipulate the price If it hits $100, I doubt that there will be an euphoric buys because even the last pressure from January 2015 that drove the price below $200 has left a scar to few people as most people have been dumping alot, jumping the ship and saying that BTC is dead. The sell pressure of that time is huge and it will be much more if it reach $100 marks and it could actually drive the price to be dirt cheap (worst case possible scenario) and alot of people could be jumping off the ship |
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but it should be remembered that investment is very safe.
Do note that safe haven doesnt exist in this world. If you want a safe invesments better save it at bank and you will earn you profit there around 5-7% per year and you need to pay a lot of fee that you will have your payout below 5-7%
Saving in bank will get you less than 1 % monthly . "Saving" is pretty much different from safe deposits ( if that is what you meant ) . Saving is not actually feasible because the interest rate per annum ( assuming it is compounded ) will be less than the inflation rate yearly . On the other hand, safe deposits pretty much could be consider as a "safe" investment for some people and it is up to 7.5 % per annum depending on your capital as well as the duration. The word "safe" is actually mean that it is safe if you compare it to the inflation rate yearly which means that you are still getting something (unless the country suffer a huge inflation ) but as the current incident that Bank could fall apart, it is not actually "safe" in term of security though |
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I think this is the right time for the bitcoin foundation to step in and offer more information support in Greece,
This is not a good move because the nature of BTC itself is pretty much unstable . You cant expect BTC foundation to go there and said everything is fine once you convert all your savings into BTC while in fact that putting saving in form of BTC is pretty much "unsafe" as well . "Unsafe" pretty much is viewed from the volatility issue though because there is no denying that the moment you put your saving into BTC then you would need to endure the fact that your savings could become half of what you put in a night . Once we stood up for this volatility issue then it will be of course a different story if there is some incident like this in the future |
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20 times is not actually rare, it happen most of the time especially in a big site like PrimeDice which you can check that they have people gibbering the same thing about the house being rigged because of 20 + lost streak.
Also 1 satoshi is not a profit because you merely need to win 10,001 satoshi and withdraw it to your wallet to consider that you got profit considering the site is using standard 10k satoshi miners fee
Well if you need one million tosses to get a 38% of getting 20 heads in a row, that makes it a little "rare". You are getting a wrong point here, it is not you need X number of bets to get it but it happens once every X bets so it happens quite alot especially if you are playing in some popular dice sites. It is not impossible to happen because each bet is dependant and you could even suffer a loss streak with 1.02 multiplier. You may think that it is "rare" but in fact it is normal and happens quite alot ( check PrimeDice's thread ) . You could suffer a lost streak after having X number of rolls or even the exact moment after you start your rolls or best scenario is that you are "lucky" and never have any lost streak |
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-snip- but they have made more coin in the last few days, than they would have in a year or more of normal operation.
You've done them a favor.
So you proposed that we should keep quiet about this and let it go? This is not how the things work around here though Im saying your driving traffic and money to them, and thats true. At this point they have made their money, and can shut down and reopen under a different name. Id go about this differently. Not entirely true on the bolded part, he may have a lot more traffic but after this all fuss end then the traffic will be gone as well. For the money part, it is too far to go with they are getting "money" from it. If you read a few pages back, there is someone that actually use this to his advantages and get some BTC from the site as well as Dogedigital lost a few there. They wont run away or shut down though, their regular players practically dont care about this issue (check on their chatroom) and Joter seems to be enjoying himself with all this fuss. This people are ignorance as well as their dev and pretty much arrogant despite being pointed with all the flaw in their site . I just used the exploit to take 0.3 BTC
I have communicated with joter before, I thought he was arrogant You should check on the chatroom and see how he address this issue there, he claimed it was fixed and those raging here about this "small issue" is stupid .
On another note, people seem to love fuss and "bad" news |
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when all this dies down the site should be relatively dead i think, that or after Dogedigital gives his official statement.
It wont be dead yet as most people doesnt even know what +EV means and practically they dont care about it especially this is happening for specific high mutiplier. Sadly if you look on the chatbox , you could see that there are still some regular playing as usual there without even care about it and they took on Joter's words that everything has been fixed while the fact is that everything is not fixed yet ( he is the first coder who dont know to do a simple math that I have met until now ) These people is pretty much ignorance with their "favourite site", the same thing you could say to those who are still playing ad supporting on 999dice despite that the site has been declared as a rigged and scam site since day 1 but they have made more coin in the last few days, than they would have in a year or more of normal operation.
You've done them a favor.
So you proposed that we should keep quiet about this and let it go? This is not how the things work around here though |
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If you are saving in bitcoin you are basically invested.
Saving in BTC is literally saving as well because in term of security, saving in form of BTC is much better but due to the volatility then there is some issue with saving in form of BTC. Basically saving and investing is more about what you are using your money for. If it is not as capital to increase your money then it is a saving but if it is as a capital then it is considered as investment investing money gives you a chance to increase it over a period of time!
Some people just want to save because it is not as risky as investing Invest, price of stock is very low, this will go up in a couple of years.  The future is covered with unsure things and BTC has more chances to be higher in a couple of years Investing is extremely risky, as the chance of loss is high and it may be a big loss.
I could see that you are getting into delusion with this statement because not every investment is extremely risky and you would suffer a big loss from it. Some investment is actually stable enough and will hold good amount in some years i.e gold or real estate. Judging from your words that investments are risky, I could see that you are generalizing all investment as the same type of those HYIP and the other ponzi things while in fact they are not the same |
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This is a delusion i'd say. Most early adopters have cashed them out during the peak of the price which was $1200 or atleast some still kept their BTC because they believe in it that it will rise up after X years .
It will not be the early adopters but it will be the chinese because having BTC under $100 is pretty much killing all ASIC companies which most of them originated from China so high chances that they will prevent this from happening since they are in controls of the price . Manipulation, bulish and suchs mostly comes from the chinese exchanger first though
-snip- And what are they going to do with them? Purely a speculation of mine because basically letting the price of BTC to go through below $100 is like killing their own entire business so I speculate there will be an action to prevent this thing to happen because once we hit that mark, there will be alot more sell pressure that will hammer down the price to dirt cheap . The fact is that chinese is pretty good in manipulating is also another reason I speculate on this as there are low chance that we might pass below $100 or nearing that limit though |
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Imo If he was Legit it would be So easy to get everyone off his back with just a few pictures or showing where the coins mined the past 7 months are kept. Showing where the coins mined benefits us nothing. If he was indeed mining this whole time, it will be easy for him to just send out the coins but in fact he hasnt done such things yet . Another speculation could be that he was indeed mining but due to his greedy nature, he sold more than what he could pay with all his hardware (he sold an ASIC boards before ) . However some people just cant let go this sad fact and keep on waiting hopelessly to all his promises. Conclusion will be that he is not legit at all and this is a ponzi |
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I hate math Well its a great thing that you are able to code even you hate math that much Hope you find more bugs on our site soon, as we got some traffic increase today. This is pretty normal and actually it is nothing significant to be proud of because those traffic are from those who wanted to find out the exploit as well. In a day or two, these users will leave the site as the rounding issue has been patched For rewards I would say: no no no. But its Kewl decision now, not mine.
Now you are getting stubborn again. You are getting a -30% edge and that is something that threaten your site and your investor. Had Substrata not tell you guys about it, he could easily "rob" the house slowly and you could only think that he is legit because you had no clue that this is just a simple rounding issue Crypto-games will be trashing its reputation more if you guys refuse to give the bounty. I guess you have trashed quite enough today with your arrogant attitude despite being shown a simple math calculation about the 32 % house edge. With all of this fuss, It will be hard to get back your players or investor simply because of this small issues that can be noticed right away with a proper math P.S : just a friendly suggestion, be nice and not hostile |
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Faucet had nothing to do with how "great" a site is and it is meant for tryout not to make someone rich overnight with it. Some top sites dont even give you faucet to try on their site but instead they give you free credit for it. Anyway you lost a very valid point on how great faucet in this site is , the faucet is stackable and you can claim them each hour
so what that its stackable? you have to claim about 5 hours in a row to get an amount you can get on others sites, and faucet does mean a lot about the site, its better when its bigger, and you cant really try it out properly with just 2 bits I do think that this is not something argueable because I has stated that faucet doesnt mean to make someone rich. You can always try it out even if the faucet is 2 bits / hour and it is just a matter of different perspective for that. I am not a faucet licker therefore I dont really care about the faucet but perhaps someone could have a different opinion on this For the bolded part, I dont actually see a benefit of it being bigger because it will only attract more freeloader and faucet abuser to the site. If you want to try out a site properly, simply deposit 0.001 BTC to it. It is not a big amount and you can use it to properly "test" the site. Support the site if you want it to live, not leech from its faucet P.S : If you love to have some faucet, moneypot offer 2 bits each 5 minutes and it is stackable  ( beware , ryan dislike faucet abuser though ) |
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Great post, thank you! Thanks ! You got the wrong idea about this game because this game isnt something sort of that kind. Basically this game is about a collective pot that the amount will be divided to all the winners proportionally according to their wager amount
i.e The winning pot has an amount of 1 BTC and Eligius is the pool that mined the xxx777 blocks
There are 3 addresses that bet on eligius to mined the block with the wager amount as the following
Address A : 0.01 BTC >> 50 %
Address B : 0.005 BTC >> 25 %
Address C : 0.005 BTC >> 25 %
House takes 1% fee so 1 BTC x 1 % = 0.01 BTC and thats leave the pot with 0.99 BTC amount
0.99 BTC will be divided among the 3 addresses proportionally according to their wager so
Address A will receive 50 % x 0.99 BTC = 0.495 BTC
Address B will receive 25 % x 0.99 BTC = 0.2475 BTC
Address C will receive 25 % x 0.99 BTC = 0.2475 BTC
Oh, I understand now, it has more strategy than I thought  This is not really a "strategy" game and much more a luck-based game which is a fair one because everything is recorded on the block explorer though. Basically the F2pool has better chance in getting the block however that doesnt stop the other lower hashrate pool to mine the block as well. Strategically, you could always bet on multiple bet for XX number of pool to ensure a higher win chance. However you should note that there are several factors to consider as well such as the BTC in the winning pot as well as your share for the pot because you could have lower share for the winning pot P.S : to put it simpler , it is much like arbitrage in sportsbetting |
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Well if you find a site that lets you start as low as 1 satoshi Most site allow this unless they are using bits in their sites and has no limit on the max you can bet (and you have the bankroll for it), in theory you should make profit.
Unfortunately there is no site that has no max limit on what you can bet because it is based on the max win amount. You dont need to be an expert in math to know this stuff because no max bet could be consider an infinite max bet and if you have infinite bankroll as well that means that you have infinite chances to roll and no matter how big your lost streak is, it doesnt matter because you have infinite bankroll . Simple words , it takes infinite lost streak for you to bust Theoretically this is not a possible things but Im just merely showing some math about it and this is two conditions to fulfill for you if you want your martingale to work lets you use martingale at least 20 times, which should be a "rare" event, you should be able to make a profit (if you can call 1 satoshi a profit). 20 times is not actually rare, it happen most of the time especially in a big site like PrimeDice which you can check that they have people gibbering the same thing about the house being rigged because of 20 + lost streak. Also 1 satoshi is not a profit because you merely need to win 10,001 satoshi and withdraw it to your wallet to consider that you got profit considering the site is using standard 10k satoshi miners fee |
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-snip-
Yes I just comeback to this thread again. So that means although we roll like 1btc, people will have chance to win that lotto? Btw if in 24 hours there is 2 times lotto that means I have a chance to get high payout lotto if Im lucky right? And other will have that chance to get what I wagered right?Anyone will have a chance to win the chatlotto, it is random and pure luck and no one can tell how many times will the chatlotto choose you in 24 hours ( could be more than 20x ). You could be lucky and chosen several times in 24 hours ( if only you stayed up that long ) or that you will not be chosen in 24 hours because luck play a vital part for this For the bolded part, im not actually sure what you are asking though but it is wagered amount per player in 24 hours timeframe so it will vary between each player . The main point is that with more wagered amount , your have higher chances to get higher bonus from chatlotto as well but it depends on luck allover again P.S : err it is more suitable to use the word "address" than "player" I guess since it is based on your wallet wagered amount per 24 hours |
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