Bitcoin Forum
July 06, 2024, 05:40:21 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 [330] 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 ... 416 »
6581  Economy / Gambling / Re: BetterBets.io - Bitcoin Casino ★Dice & Horse Racing★ Powered by Moneypot.com on: June 09, 2015, 10:24:46 AM
Lobos since you are not there I will put this here instead so Totolino notice some irregularity while playing with betterbots and it makes your balance lost 10 satoshi after the bot stop ( dont know how this happen either )

So I started with 233106 satoshi balance and did this setting to my betterbot but in the end after the bot stop my balance is 233084 which is 10 satoshi more than what I should have lost

EDIT : figured out what happened, the balance is not constantly updated while betting with the bot so it is showing less balance than expected , it shows my balance 233094 satoshi after I refresh it manually

6582  Economy / Gambling / Re: MiniDice - Simple Dice for Quick Rolls - Moneypot Secured - Open Source on: June 09, 2015, 09:20:53 AM
i visited your site its down..is everything alright or some server problem..i have some coins left..thats why i am worried... Huh

Doesnt matter if the site is down or not because it doesnt affect your balance, this is the beauty of Moneypot integration because the owner of the dice site doesnt have any access to your coins . You can actually withdraw your balance from moneypot instead, minidice is in here https://www.moneypot.com/apps/50. The only thing that would prevent you from withdrawing will be if moneypot site is down  Smiley
6583  Economy / Gambling / Re: You're trying to tell me PD isn't a scam? on: June 09, 2015, 09:09:53 AM
no body can prove if they are maybe rigging

Anybody can prove it, which is why a simple provably fair verifier exist for someone that is not accustomed to code and stuff. There is a provably fair verifier on site and there is alot third party verifier to use. It is just a matter of being delusional actually, people who lost at a dice sites wont even believe that the site is fair despite that he verified the roll himself because he lost there but if he won there than he wont even care if the site is fair or not

P.S : this is a good third party verifier which you can use actually dicesites.com
6584  Economy / Gambling / Re: You're trying to tell me PD isn't a scam? on: June 09, 2015, 08:52:58 AM
Then why is a 10 loss streak on 2x right off the bat "just unlucky"? You flip a coin in real life 100 times I bet you won't see more than 3-4, maybe 5 losses in a row.

Thats true but there is really something in pd. I can notice it myself coz i experienced it too many times not only once

There is nothing on it except a provably fair mechanism. Actually you and candy are falling into Gambler's Fallacy for believing there is something wrong in PrimeDice because it happen more than it should bewhich you can read it HERE.
There is a chance for that massive loss streak to happen and with a site like PrimeDice where alot of rolls occur everyday then it is pretty normal it happen alot more often , you may want to use this to know the chance for it to happen http://dicesites.com/tools

i know about it but i dont why i have a bad feeling about the rolls in PD. when i lose on other dice sites hitting 10+ red streak then bust i am not upset, i know it is normal but when it is on PD i always thought it was happening to me again and again

Thats mean you are being delusional about it and it happen to most people actually that they think that they are lucky in an X site and not lucky in the Y site despite both site are provably fair and have the same house edge .
That would explain why apart from thousand of people rolling in PrimeDice there will be always someone that show up to complain about his/her unbelievable loss streak which is quite normal because there is a chance for it to happen
6585  Economy / Economics / Re: Bitcoin trading strategy on: June 09, 2015, 08:38:29 AM
To be honest, marketcap has less thing to do with trading anyway. It is not about the marketcap will grow few years later or the value will increase after the halving or whatsoever but it is about the movement of the price, the fluctuation of each price .

Even if BTC value were to fall into 1 cent / BTC if there is still a movement in this then BTC is worth to be used for trading , however even if we see $1000 / BTC but if the value is constant without any movement at all then it cant be traded at all (unless someone or few people manipulate it to make it looks fluctuative)
But if the value of bitcoin will drop in cents. Many users will not using bitcoin because of its value and many will disappoint when its happened.

It is not about the value or the usage of BTC to begin with. It doesnt actually important in trading, whats important is the movement of it and that is where trader got its profit and not about millions of people to use it. Of course it will be useless for trader if there isnt any movement eventhough millions of people use it or the mass adoption is happening though

Why would you not want to use it if the value were to fall into cents (which is unlikely) ? The feature as well as the technology stays the same even if the value gonna drop in the future anyway. BTC is still BTC despite the value drop or crash but ofcourse most people will jump out of the sinking ship
6586  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!! on: June 09, 2015, 08:28:12 AM
Quote
UPDATE: Accounts synchronization is still in progress. Estimated ETA to finalize synchronization is this weekend ( Monday, June Cool. After synchronization is finished, secondary option will become available. The Q&A session is set for next week.

I think I'll wait this one out just another week. I don't rule out the option yet that with finalizing the sync there might be a bit more to the balance than just the "GIVE ME THE MONIES" Wink

I doubt there would be a balance for someone who dont pay the fee to begin with, it would be unfair to those who have paid the fee if Chris give out what he owed us without paying the fee. Also that the secondary option would be an ASIC board instead which means that it will/could be send to our address (not sure about this) but I dont think mining at home could be profittable anymore

Anyway we've heard of this Q&A promises before, I just hope that he really deliver his promise this time and it will create alot of havoc in ltcgear if he really show up in there this time

Quote
The secondary option (share conversion to asic boards)
6587  Economy / Gambling / Re: PocketRocketsCasino.eu - win 240 Bitcoin in one dice roll! on: June 09, 2015, 07:40:11 AM
$1,000 profit each day, he can become a millionaire if he continue being lucky like that.

If he continue to roll like this sooner or later he will bust his entire bankroll, its a matter of when his luck will dry out and if you noticed this below, he was pretty lucky to choose roll over instead of under for this bet and it is really close call there

Code:
#107390033 roll 99.7751 , Target >1.9999 

Also It is not $1000 and you might want to check your math again. In less than 6 minutes (from the screenshot picture) GreyStoke made roughly 55 BTC x $200 = $11,000 .

P.S : thats a rough count and the price currently is $230 , so he made roughly ~$12,000 in less than 6 minutes play

6588  Economy / Gambling / Re: You're trying to tell me PD isn't a scam? on: June 09, 2015, 07:29:29 AM
Then why is a 10 loss streak on 2x right off the bat "just unlucky"? You flip a coin in real life 100 times I bet you won't see more than 3-4, maybe 5 losses in a row.

Thats true but there is really something in pd. I can notice it myself coz i experienced it too many times not only once

There is nothing on it except a provably fair mechanism. Actually you and candy are falling into Gambler's Fallacy for believing there is something wrong in PrimeDice because it happen more than it should bewhich you can read it HERE.
There is a chance for that massive loss streak to happen and with a site like PrimeDice where alot of rolls occur everyday then it is pretty normal it happen alot more often , you may want to use this to know the chance for it to happen http://dicesites.com/tools
6589  Economy / Scam Accusations / Re: CloudThink.IO removed management pictures after being caught with stealing on: June 08, 2015, 09:14:16 PM
This Cloudthink has me puzzled, not that I believe for one second it's legit....a big media budget but poor launch and PR, the photo nonsense, hamfisted attempts at shilling and a confused would-be 'product'.

It is actually better this way that they dont know how to "properly scam", they have a huge budget no doubt about it and if they pack it with a good PR and the other stuff they could have convince alot of people to fell for this.
Most people even fell for a blatant scam cloudmining like cloudmining.website and also cloudminr.io eventhough both of this site never did a huge advertising like cloudthing. This sure makes you imagine on how many people would fell if they are actually "better" in scamming

What's the concept, simply flood the media and watch the contracts sign up?

With this huge media advertising as well as paying people to give them a 5 star review on yelp there will be atleast 1 greedy dumb guy that will fell for this. Most "stupid" people thought that huge advertising means that the site is legit, simply that way.

a total of .57 in a 1 week period.

Thats crazy amount for just 1 hero member rank
6590  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: June 08, 2015, 08:57:41 PM
Get 20 BTC Wait till it goes up in the market and you'll be able to retire no problem Wink

If you have 20 of it then it will be better if you convert it to FIAT instead because there is a chance that BTC could be worthless while you already retire


then wait for 10k price and you will be able to retire securely

This is a bit delusional and quite unrealistic, you are probably be dead by the time BTC ever reach that value. Basically that value could be well reach only if the entire supply are mine plus a worldwide adoption and that would take about 100+ years from now just to mine the entire supply or that BTC could be worthless by the time you are still waiting for this $10k

6591  Economy / Economics / Re: Is it better to save money or invest it? on: June 08, 2015, 08:38:59 PM
i guess the only others option is too invest in those risky HYIP/ponzi, and hope to exit at the best time without losing anything, i don't see many oithers alternative, and there aren't without risk

Its not even an investment to begin with, it is basically surrendering your money to those thief if you are putting in your money into HYIP while there are still tons of other investments available and thats basically stealing from someone else

Bad idea, you dont try to double up what you invest in this case but more likely consider each investment to have an exit plan instead. The simple rules will be

Code:
get investment -> get a profit -> exit -> repeat the process

Otherwise you will be swimming in delusion of constantly wanting to get a big chunk of money without even getting an actuall profit for your investment because every investment got its own risk, you might not always get a profit but maybe a loss instead


i agree with this, the only problem is when is the correct time to exit, you will learn it by losing, at least at the beginning

There is no "correct" time to exit this. Basically anytime you got a slight profit about 1 % then that would already be the best time for you to exit thus in theory people are always willing to stay up longer in hope to get much more which actually ends up burning themselves instead.
Thus Of course with a solid investment such as gold and/or real estate / BTC people tend to stay much longer though since it is meant to stay as a long term investment

You cannot live off long term investments only. The best way to is to combine both. Try to profit from whatever, including pumps from shitcoins, in order to beat the time/money axis and improve your long term investment (the more BTC you have the better for the long term view).
-snip-

Actually I dont mention anything about living from long term investment only but I do encourage people to make an exit way as soon as possible for the better outcome if you check my post there.

Code:
get investment -> get a profit -> exit -> repeat the process

Also that it is not about profitting in other part of thing to beat the time axis for your long term investment but this is a thread about wether to save or invest it though so there is only two options between saving and/or investing

P.S : "playing" with shitcoins is dangerous if you dont know things about it Smiley
6592  Economy / Micro Earnings / Re: how much can you make weekly? on: June 08, 2015, 08:05:00 PM
for the past month i have tried over 1,000 faucets weekly. all i could get for a whole month is 0.9232255 bitcoin.. not that bad but i spent over 17hours daily on faucets to get it.

People are working on average of 8 hours / day which means that if you are working "twice" a day for 16 hours instead of collecting faucet then you could have earn more from it. Also that I believe it is not a net profit that you get for your entire faucet claim because basically you do spend for your electricity and also your line connection

not very much worthy unless 1 bitcoin is worth millions in your country's currency

If it worths million in a country's currency that means the country suffer an inflation and thus it will just be the same because everything including daily necessities is costly as well there
6593  Economy / Scam Accusations / Re: CloudThink.IO removed management pictures after being caught with stealing on: June 08, 2015, 06:42:23 PM

All users have been confirmed and added

Seriously, a company where his CEO will edit his own spreadsheet when he has someone who claim to be their marketing employee . This served as another proof that Mirjangka is indeed Richard Coleman himself . This user who claimed to be Richard Coleman doesnt even online while the spreadsheet is being updated https://bitcointalk.org/index.php?action=profile;u=168298 .

Would be very funny to see if there are anyone who fell for such an obvious scam also that for a scammer, they do have a very large budget while most ordinary scammer here only build a very minimalistic ponzi site , this one gone too far with their high budget advertising
6594  Economy / Economics / Re: Will a bank being hacked boost adoption of bitcoin? on: June 08, 2015, 03:51:03 PM
Isn't it sure to happen, sooner or later, that some country's central bank, or banking system, gets hacked? If that happened it'd shake peoples' confidence in the banking system, which most think is more robust than the likes of the blockchain, simply because banks are centralised systems. I guess some people would then look at the likes of bitcoin, but even it's not invulnerable - or is it?

For some people who understand technology well than it will shaken them ofcourse and could perhaps make them trust more in BTC but for someone that is blind on it then it will create a massive doubt for them, basically because their thoughts is that if such secured banking system could be hacked what would prevent a simple BTC wallet to not be hack
Also that people tend not to trust themselves into securing their own possesion which is why most people trust bank to secure their possesion and it takes them less trouble to secure things by themselves
6595  Economy / Economics / Re: Bitcoin trading strategy on: June 08, 2015, 03:16:27 PM
This 10'000$ dream is cool, problem is you have no way of knowing if it will ever get there. I'm not saying it cannot/won't, but do you know for sure that it will? Otherwise you will be sitting on a bunch of coins, not doing anything with them, just to find out that in 10 years it is worth the same.

Some people are living in their own delusional dream (cant really blame them though), probably driven by that BTC once reached $1200 and may reach another high peak again someday. The bolded part will be a good scenario if it really happen or the people holding and hoping it to reach $10,000 will be sitting with a worthless BTC in 10 years
Not that Im pessimist in BTC , just that people should learn that it is not a guarantee that the value will increase overtime , best thing would be earning from its movement aka daily trading

P.S : buying and holding BTC isnt really trading but somewhat it is long term investment

The marketcap of Bitcoin is extremely low. If you look other marketcaps of other disrupting tech such as the simple uber one, you'll see how tiny the marketcap for Bitcoin is and how the space to grow is insanely big. People has a problem of a mix of putting things into perspective and not being able to be patient.
Of course you shouldn't sit on 1 BTC and do nothing with your time, you should actively try to grow your stack in any means possible.

To be honest, marketcap has less thing to do with trading anyway. It is not about the marketcap will grow few years later or the value will increase after the halving or whatsoever but it is about the movement of the price, the fluctuation of each price .

Even if BTC value were to fall into 1 cent / BTC if there is still a movement in this then BTC is worth to be used for trading , however even if we see $1000 / BTC but if the value is constant without any movement at all then it cant be traded at all (unless someone or few people manipulate it to make it looks fluctuative)
6596  Economy / Gambling / Re: Primedice.com | Most Popular & Trusted Bitcoin Game | Huge Community | Free BTC on: June 08, 2015, 02:08:07 PM
I believe that 10 losing streak should happen once every 10,000 rolls (not sure?)

The chance for it to happen is about 0.10787325%

P.S : I used your site to find it btw Smiley

so believe it's useless unless you have 1 BTC and betting 1 satoshi

Having 1 BTC and betting for 1 satoshi could only sustain a 26x streak lost and each time you win, your balance increase by 1 satoshi, each time you lose then your lost add up which is why using martingale is very risky especially using it for 1 satoshi bet and there is a chance of 0.00000193% for it to happen

P.S : those who are interested, you can use NLnico sites to calculates how many lost streak your balance could handle if you wish to do a simple martingale or the other strategy http://dicesites.com/tools
6597  Economy / Gambling / Re: DaDice winning strategy disucssions on: June 08, 2015, 12:55:01 PM
It is really unnecessary to create a "DaDice winning strategy discussion" basically Dadice has a standard 1 % house edge which most of the dice sites around has so it is better to change it instead into "Dice winning strategy discussion" or "Dice strategy compilation thread"  because if a strategy actually did works on DaDice then it will work on the other dice which has the same or lower house edge as well.

Disclaimer : strategy is to help you in lowering chance to lose anyway

The only winning strategy in dice is find a way to hack the site.

Any other "discussion" = fallacies and delusions

This is considerably one a good strategy to "win" from a dice site indeed but there is another less fraud way to win in all dice sites anyway that is by being part of their bankroll and earn from most people lost  Wink



6598  Economy / Gambling discussion / Re: How greedy you are ? on: June 08, 2015, 11:44:41 AM
I may not be getting your strong point but you keep mentioning someone is greedy by betting huge and losing everything in the end

Dont twist it there, Im simply stating an example where someone doesnt know when to stop although he had made a solid profit there and thus keep going on while he cant stop right there and withdraw , enjoy the winning. Greed driven him to bet more , to gain more and it is simple like that . For me this is being greedy, if this isnt greedy for your thoughts than I can simply assume that you are greedy as well and this example suit yourself which makes you going into counter argument like this which is really unnecessary

-snip-
So, how do you measure greed exactly? Is there a formula? An equation?

I have given my answer on this as well, it is unnecessary to do so and it is pointless to measure it , dont push yourself there.

Gamblers are not more greedy than other 'ordinary' people because you perceive them as such based on your own judgement.

Where did I mentioned gamblers are more greedy than ordinary people? I didnt mentioned anything like this but I do posted that most people are greedy which is true and dont confuse yourself more with it because it is unnecessary


EDIT :
Everyone is entitled to their own opinions but not everyone has to agree with your analysis so I will just leave it at that plus who cares about someone else's lost money. Have a nice day.

Again you are confusing yourself again, I dont say that everyone has to agree with my either. Have a nice day as well
6599  Economy / Gambling discussion / Re: How greedy you are ? on: June 08, 2015, 11:17:53 AM

Those degens are driven by their greed, some people are very greedy tbh and never had enough of it thus when they lose they are curious on why they are losing it which makes them to wager more and try to win back what they have lost therefore resulting them to lose more than the previous

A friend of mine made a solid run from 0.00213 BTC into 0.541 BTC in bitdice but he is so greedy that he let his greed overrun him and thus lost them all the next roll

Maybe you thought he was greedy but perhaps he was just pushing his luck. How does that sound? How can you quantify greed in numbers?

Greed is an adjective to begin with and there is no way to put it into a number for calculations and that would be pointless because Im simply stating an example here  Wink

Code:
pushing luck 

This is what most people thought when he is being greed, they dont think they are greedy but they are "trying" to earn more and "trying" to be lucky again. Seriously someone who made a solid run from 0.00213 BTC into 0.541 BTC and keep on trying to "push his luck" ended up busting it all isnt called as a greedy person than I dont know what is

I am not sure you understand what an adjective is.

Right, I am wrong on this. Greedy is an adjective while greed is a noun , pardon me for this because English is not my native language  Wink

Nevertheless lets leave the noun or adjective argument there but you seem to not be getting my main point there because it would not be needed to quantify greed in number as it will be pointless .
Also that my main point is that Im stating an example on how greed could ruin you , basically people should learn to control his greed because greed is one of the factor that could make you lose in gambling

P.S : and of course you as a gambler yourself would know this stuff Smiley
6600  Economy / Economics / Re: Bitcoin trading strategy on: June 08, 2015, 11:07:59 AM
I would say it kind of depends on how long you are planning to hold on to your BTC (asset). I mean if you are planning to sell in 10 years, I agree it is trading in some extent. However at the same time, can you call something "trading" that involves a single trade in 10 years?  Tongue

I think holding is simply an investment in an asset or stock with the hope that it's price will go up. wait..which then makes BTC a "company" where we are the shareholders.  Shocked Grin

This is what exactly I meant, I should have posted this in a better sentences so that people could get what I exactly meant. Most people do think that buying now and keeping it , hoping it to goes up by $10 next month/year and sell it is consider as trading but the fact that it is not, it is more to like putting investment in BTC

selling and buying can also be called an investment, a short term investment, actually they belong to the same class, one is fast the other is slow

Actually selling and buying activity doesnt count as investment but is a trading activity. Investment is more or less into keeping things for long period of time hoping that the value of it could be better by the time . While trading is somehow different, most people that hold BTC doesnt even bother when the price is lower by 1 % of the value when they bought it and keep on hoping that the value will go uo in a few weeks ahead but as a trader this will bother you
Pages: « 1 ... 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 [330] 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 ... 416 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!