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6401  Economy / Gambling / Re: 🔥🎲MyDogeDice.com🔥🎲 | Free Dogecoin💰 | Dice Game🎲 on: June 23, 2019, 10:48:49 PM
You need to realise that most people in Crypto take scams and frauds very seriously. There are many scams going around that people need to be informed of potential scams.

There are 3 issues I see here.

First one is that you had some HYIP where a user generated 0.9%/day and 27% month. This is always a red flag because it sounds like a ponzi scheme. Kind of like Bitcoinconnect and right now mining is not really that profitable as it was before and hence 0.9%/day is just not possible.

Second issue is that your dice is not provably fair, almost every site out there is provably fair but yours isn't so why would someone gamble on your site instead of other larger dice sites? Doesn't make sense.

Third issue is that you created a new thread, you can't just create a new thread when people start posting information that you dislike. Need to fix the issues first and continue on with your original thread.
6402  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 on: June 23, 2019, 10:39:02 PM
DOGE is due for mega pump



My orders for DOGEBTC are finally starting to fill at 30 Sats, all the way down to the 15 Sats or so. I had a feeling that the 35 Sats wouldn't hold and Doge would go down lower since BTC is rising.

I am thinking the most ideal buy position is at 15 Sats but it might not get that low, hence I got my orders stacked from 30 Sats gradually all the way up to 15 Sats, most are in the 20s area.

Hopefully its not a trap and we don't see single digits.
6403  Economy / Speculation / Re: Is the upcoming Bitcoin halving triggering the rise of Bitcoin? on: June 23, 2019, 10:32:37 PM
In the previous bitcoin halving cycles the price went up in a similar way but at a much slower pace. If you look at a chart and see the 50/25BTC halving dates you will see that it went up slowly, not parabolically as it is right now. So this drive might not be due to the halving.

Another thing you need to consider is that the halving will reduce block reward from 12.5BTC to 6.25BTC, so it means only 6.25BTC less per block. This had a bigger effect in the 50/25 halving since it removed 25 BTC per block. However the price right now is much higher. So if you consider the first halving where BTC was like $10, it means that $250 less of selling pressure. If you consider the 25/12.5 halving the price was $650 so about $8125 less selling pressure. If we assume BTC will stay at $11K for next year until halving it means about $68K less selling pressure.

I just think this is BTC continuing its bubble from $1K to $20K and to $3K correction and now should broke the $20K again. We will see what next year brings.
6404  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: June 23, 2019, 05:57:29 PM
No idea if you guys trade on Bitmex but the funding rate for longs is crazy high at 0.28% per 8 hours. Last time it was this high was during the 2017 FOMO rally.

The Dec 2019 futures is at $11500, so a $750 premium while the Sept 2019 futures is $11325, so a $575 premium. People are paying crazy amounts to buy Bitcoin.

So if you are patient you can sell a Sept/Dec futures contract and reap the benefit, just will need to wait until either the contract expires or the premium goes down.
You can also abuse that fact and profit on it,a lot of people are closing out their positions to avoid funding fee so just wait and enter long with high leverage 2-3 minutes before funding(set your buy price on close support wall,they are high chances it will hit it)Depending on the funding rate there are 50-150$ pumps right after


Yes this has been happening for the last month or so. When the long funding rate is very high, usually right before the funding the longs close their position, so price goes down, and right after the funding the shorts close their position to collect the funding and close their trade.

You could trade this with a 80% success rate if you did it on another exchange, however it seems that the market makers know people are doing this and they are trapping traders this way.

I tried this a few times and made some decent money in a few seconds but the last few times I tried it, it didn't work as expected. With the crazy 0.2965% rate we got hitting in about 2 hours, I am pretty sure the strategy will work.

Sell right before 2PM MST, and buy exactly at 2PM MST using either the futures or some other exchange.
6405  Economy / Speculation / Re: What are the best websites to follow the btc market in live? on: June 23, 2019, 07:44:31 AM
If you want the most precise BTC price based on spot prices then the best way is just to look at the Bitmex BTC index.

https://www.bitmex.com/app/index/.BXBT

You can also add this to Tradingview if you don't want to visit the site. This is most accurate because it represents the price you can sell your BTC today if you wanted to cash out. So the Futures, Korean Premiums, and USDT pairs are not included in the index. The index is only Kraken, Coinbase and Bitstamp.
6406  Alternate cryptocurrencies / Mining (Altcoins) / Re: Any ALGORITHM that Supports OLD GPUS??? on: June 23, 2019, 07:35:58 AM
I had a Radeon 6990 and the coins you can mine were limited about 2 years ago... today there is probably nothing out there you can mine.

Reason being is that AMD stopped developing drivers for the Radeon 6xxx in 2015. While the Radeon 7xxx is still being developed in 2019. The last coin I could mine with the 6990 was XMR but they forked to a new algo, no idea if the current algo would work. The software is limited.

So like the above poster... you need to get some decent hardware, you can get an RX 470 for like $75 these days.
6407  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: June 23, 2019, 07:30:44 AM
No idea if you guys trade on Bitmex but the funding rate for longs is crazy high at 0.28% per 8 hours. Last time it was this high was during the 2017 FOMO rally.

The Dec 2019 futures is at $11500, so a $750 premium while the Sept 2019 futures is $11325, so a $575 premium. People are paying crazy amounts to buy Bitcoin.

So if you are patient you can sell a Sept/Dec futures contract and reap the benefit, just will need to wait until either the contract expires or the premium goes down.
6408  Economy / Speculation / Re: Bitcoin prices skyrocket thanks to Facebook on: June 20, 2019, 07:41:19 AM
When the facebook news came out, at least to the public, BTC was trading sideways and still is.

I am thinking the wall paper might of been leaked back in April and caused some insiders to buy and which caused the huge price instead. When they announced it a couple of days ago, it was after BTC failed to break the $9500 high.

I still think that if we break $10K along with this facebook news, then we might finally get some real FOMO going on. People will want to buy at $10K instead of waiting for $20K.
6409  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][$MUSIC] Musicoin Blockchain Upgrades to V3.0(“Quantitative Tightening 🎸 on: June 20, 2019, 07:35:26 AM
Seems like back in May, sometime during the last week they decided to update the main post but never posted a comment in this thread by bumping it up.

For those that didn't read the block reward is finally getting reduced to 50 MUSIC from 250 MUSIC. So this should cap all the miners which are dumping coins and causing the price to crash.

Another thing I noticed was that the main post should get fixed under specifications, it says current reward is 314 MC but should be "50 MUSIC" instead.
6410  Economy / Gambling / Re: Stake.com | The Most Popular Bitcoin Casino | V2 & New games out now! 👽 on: June 20, 2019, 07:28:25 AM

I did this too, but it also got busted because my last bet goes higher then total of our winnings before. Let say you won 5 streak wins, your base bet 1 sat, so your total winning is 1+2+4+8+16 = 31 sats, when you lose at 6th bet, with betting at 32 sats, all of your winning before wiped out because of that only 1 lost.

That's why its called reverse martingale, because unlike betting 1 satoshi and when you lose you double it to 2 satoshi and if you win, you net 1 satoshi since the 2 satoshi bet made up for that previous loss and you also keep the other satoshi as profit.

So yes technically you will lose your base bet everytime you got a loss but your loss per bet is capped at your base bet, you will never lose more per bet than your base bet and this prevents you from betting your entire capital on one roll. So this way you will either lose a little or win alot. With the regular martigale its the other way around you either win a little or you lose alot.
6411  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining and playing games on: June 19, 2019, 11:07:50 PM
on the router, you can distribute the speed, just do it in half. and you will not return to such difficulties


This is not the issue here. This would maybe be the issue if they both wanted to watch movies on 4K and it started to get choppy for both of them. However mining uses almost no bandwidth.

There are 2 causes for this.

First one is that its a crappy router and when there is more load on the router, the CPU inside the router can't keep up and it ends up slowing down the latency rates.

Second issue is that the LOL player is using Wifi and when the OP is mining there might be some interference from the GPUs, depending on how many he has in his room.

Its most likely one of these issues. I would just tell the LOL player to use an ethernet connection and see if the issue goes away, if it doesn't then get a better router.
6412  Economy / Gambling / Re: Stake.com | The Most Popular Bitcoin Casino | V2 & New games out now! 👽 on: June 19, 2019, 10:55:49 PM
even if you lose and double in the end if you have deep enough pocket to recover you can lose 50 times in a row and just keep on betting with your huge bankroll,
Losing 50 times in a row is too crazy, but i never heard someone did that on 49.95% winning chance, did you ever calculate how much bankroll you must have to be able to survive if you lose 50 times in a row with martingale strategy?
I ever heard someone lose 28 times in a row at 49.95% winning chance as the highest number from my experience.



50 reds in a row on 50/50 does sound "almost" impossible and I am sure it happened once or twice before in the past but not often.

People did however have losses with 20 reds in a row. I think my largest was like 17 losses and I lost all my BTC years ago. And in the PD chat there were people who had 20 losses in a row and emptied their account.

Even if you bet with 1 Satoshi, getting 50 losses is brutal because that 1 Satoshi bet would be about 55% of all the Bitcoins in existance which would be impossible to cover with the next bet.

This is why so many people who are new end up emptying their account. Because at first its fun betting with $1 and making like $25 or $50 at the end of the day, but eventually the time will come where you are sitting at double digit red rolls and you are running out of funds to keep up.

Hence its better to just do reverse margintale, where you only double your bet on a win. So if you get lucky and get like 15 wins in a row, you can win big with a small base bet. Most gamblers don't do this however.
6413  Economy / Gambling / Re: Primedice.com | Creators of Dicing 🎲 | 29 Billion Bets | 112+ BTC Jackpot! on: June 19, 2019, 10:50:21 PM
After all the feedbacks I have been reading about "Libra" I believe it's not worth all the noise around it.. I would not "invest" myself and can't even find any good reason why anyone would.. But yeah, I believe it can help BTC price to increase as Facebook has a very strong name and people certainly will want to know more about their coin and eventually will find infos about all the "other" coins
There are massive noise about Facebook coin, that eventually named as Libra. Its whitepaper and site already launched. However, I doubt that Libra will bring innovative features compare to all top crypto currencies; and I highly doubt that Libra will guarentee anonymity of its users. It is too soon to ask for and consider listing Libra (that requires more time to mature) on PrimeDice, LOL.
There are a few more details on Libra:
https://libra.org/en-US/
https://libra.org/en-US/white-paper/

Libra is not a crypto like Bitcoin or Ethereum or Monero. They basically decided to launch it because of the success of WeChat in China which also supports mobile payments between users.

So if someone has a iphone to sell on the facebook marketplace, they can make an ad, and when a buyer comes and picks it up they can pay directly thru the facebook app. And later that same person that go out and buy something else from someone on the marketplace like an Android phone or a car, etc.

Its a smart idea because carrying cash is risky and also its annoying having to go to the ATM to withdraw money. Also credit cards have very high fees. If this Libra is free to transact then many people will use it, and pretty soon it will be businesses such as McDonalds.

But its by no means anonymous. People post everything about themselves on Facebook. Facebook has so much information on its users that KYC won't be necessary most likely unless its a new account.
6414  Economy / Speculation / Re: Where's FOMO at? Tom Lee on: June 19, 2019, 06:00:12 AM
The facebook news seems pretty positive for the crypto atmosphere. Basically its 2017 again and people keep texting me asking about BTC and how they can buy the Facebook coin.

Even though Bitcoin is little connected to Libra, its still a positive leap forward for cryptocurrencies in general. Since if "Facebook" a huge company actually gets behind it, then it means its a huge deal.

So people will go and read about Cryptos and learn about Bitcoin since its the original coin that started it all. They will see that its still below $10K and buy thinking it will rise in value very soon.

6415  Alternate cryptocurrencies / Mining (Altcoins) / Re: Is it possible to power my 500w mining rig with my EV? on: June 19, 2019, 05:52:41 AM
You'll end up thrashing your battery, and you never said what the 120V outlet in the car is rated or. 10 Amps? 5? It isn't meant to have a mining rig run off of it. Don't bother OP

You actually won't believe how long EV batteries can last. I don't know which car the OP has but I am guessing its a Tesla.

They got around 40,000 charge cycles and after 160,000 miles they still have 90% capacity. They can actually last for 500,000 miles. Most likely the rest of the car will fall apart before the batteries go.

How many people do you know that keep a car for 160,000 miles? Not many. Most cars don't even make it 160,000 miles with multiple owners throughout its lifetime.
6416  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: June 19, 2019, 05:46:33 AM
For the first time ever while driving Cryptocurrencies were mentioned on the radio.

I drive alot and back in 2017 I would think when BTC broke $10K that they would mention it but it was never meantioned.

Then today while listening they talked about the Facebook coin and how its called Libra and how its a cryptocurrency.

So it seems that this Facebook coin can be the 2019 equivalent of the 2017 Bitcoin futures which pushed BTC close to $20K.
6417  Alternate cryptocurrencies / Mining (Altcoins) / Re: One PSU hotter than other on: June 19, 2019, 05:43:39 AM
If these PSUs are identical then the first step is just to swap them and see what happens.

If the original hot PSU is still hot then the PSU is basically faulty and just send it in for an RMA.

Tell them you bought 2, one runs very hot to the touch (if thats the case) and you swapped them and the problem went away, this way it means that the PSU is faulty.

Try and listen in, maybe the fan bearing is dying and its what causes it to overheat.
6418  Economy / Speculation / Re: Bitcoin is going for a Big correction on: June 18, 2019, 07:53:36 AM
Well eventually somebody will be correct at picking the top, even if its a local top and not a final top. However many people assumed that $4200 would be the top which it was the weekly high, it wasn't.

Then they assumed $6000 would be the top since it was strong support turned into strong resistance. It wasn't either.

So now people are assuming that $10000 will be the top because its a psychological number and was the top in May 2018. So we will see what happens but most likely $10K will get broken and head higher.
6419  Economy / Speculation / Re: Bitcoin Will Surge to 62k! on: June 18, 2019, 07:50:14 AM
BTC does have crazy FOMO periods where there is basically no sellers and people are paying crazy prices to buy some. This is why when BTC broke $10K last time, it very quickly went to $20K.

I remember bitcoin ATMs were pretty much running out of coins to sell, if you wanted to sell BTC for fiat they even waived the fees for you. There is also the exchanges which had to pause signups because they couldn't deal with the huge demand.

So yes $62K is possible but I think we might get $12-13K instead, something more conservative.
6420  Bitcoin / Bitcoin Discussion / Re: What is the reason Amazon hasn't adopted Bitcoin? on: June 18, 2019, 06:28:58 AM
I think the main reason is that not enough people will be using BTC to make their purchases and its not worth the hassle spending millions in coding and another million to train the support staff when issues arrive.

Most people who buy on Amazon will buy it anyways on Amazon so they will get paid anyways. If they added BTC the sales wouldn't increase by much.

Sites like Newegg accepted it because most of their customers were computer savvy and a larger percentage of those were actually miners. So it made sense for Newegg. And many miners probably ordered from Newegg just for that reason instead of another computer retailer. So they gain business actually instead of Amazon which would retain that same customer in the first place.
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