People don't have to bet 100 BTC just to join the VIP chat. The min amount wagered could be small like 0.1 BTC or so. The reason why I suggested this is because it would eliminate all the childrish behaviour that is very common right now in the general chat.

Most of the people there probably didn't even bet 3 figures worth of fiat and are constantely begging others for money because they lost it all on dice and they got a family to feed. It basically happens very frequently and its getting very annoying.

The VIP chat most likely wouldn't have these issues and nobody would keep betting just to get into the chat just to troll. Because if there begging isnt working on the general chat then it wouldn't work either in the VIP chat.

Its just an idea.

I am really surprised you are offering BTX now. Once Crytopia shut down, most of the BTX volume is gone. Many had their BTX on Cryptopia including myself and it seems the coins are gone.

The other exchange that BTX is traded on is HitBTC which is a very sketchy exchange to use at the moment due to the potential solvency issues and potential path as Cryptopia. After these 2 exchanges the rest are all low volume.

Hence I am surprised why you decided to use this inactive coin.

Its easy for bitcoin to go from $0.10 to $1.00 and then to $10, then to $100, then to $1000, then go $10000. However eventually the market cap will have to be enormously huge for it to reach $100,000 or $1,000,000.

Basically it means that if the currently trend is accurate then 100x more users will have to use Bitcoin. Right now there is almost 1 million active BTC addresses, so assume that everybody keeps their BTC in their 1 wallet and not on an exchange.

For it to reach $1,000,000 and stay there we would need 100,000,000 active users for BTC. Given how technologically challenging it is, I don't see that happening in 1.5 years. Maybe in 15 years however if the security factor is taken care of and its more user friendly.

Like some of the replies in this thread, I've had issues with using wifi with mining rigs. I think if you have 1 or 2 rigs or if the rigs are more spaced apart it won't be an issue but if you got like 10 rigs, each very close to one another then you will get interference and signal drops.

The dead wifi connections were an issue because with the Claymore software, a no internet for a brief period caused the system to hang for some reason.

So I saved myself the headache and just wired up all the rigs and all the issues went away. You can just get a bunch of old router and plug one into the other if you need more ports. Each router can power up to 4 other network connections.

I am not 100% sure this is correct but I remember back in late 2016 early 2017 when ZEC was first released and Claymore released a miner for it, the GPUs which used the x16 slot were faster than x8 which was faster than x4 and x1. And the conclusion drawn was that Claymore coded the algo to do some compute with the CPU for every cycle.

I think the reason why Pcie 1.0 X1 has no drop than a Pcie 3.0 x16 slot is because it doesn't communicate with the CPU too frequently. So the Pcie 4.0 probably wouldn't have any boosts compared to Pcie 3.0 currently out.

However with gaming is very different because the GPU communicates much more frequently with the CPU and maybe for gaming it might have an effect.

I am still surprised that there are people still who do this. In the past I've bought a few crypto related items such as bitcoin miners, or GPUs, or Risers and I remember that there was 1 individual who contacted me right after I won the auction and posted his BTC address and demanded payment in crypto.

I told him I will only pay by Paypal and he basically re-listed the auction all over again, and didn't state anywhere in the auction that crypto is the only method of payment. I reported the individual but eBay actually did nothing.

He said that he only accepts crypto because of chargebacks and high level of fraud that goes on with selling Bitcoin miners during a price boom. He had some story about selling a miner and getting a chargeback 6 months later or being sent the ASIC back when the difficulty has sky-rocketed. I understand his reasons but still shady way to sell your items.

I actually completely forgot about the Nicehash hack of Dec 2017.

Had to read up and find out what happened to those funds which I still had in my account back then, and reading their blog
https://www.nicehash.com/news/sixteenth-reimbursement-of-the-repayment-program

It still seems the funds aren't paid out yet, looks like its 75% paid and should be fully paid sometime in the next 12 months. I logged into my old nicehash account and the funds are actually still there. So its nice that they are slowly paying back everybody.

I think one channel that really should be added should be a channel where you are required to have a certain amount of BTC or certain amount of wagerred BTC to join.

Reason why is because there are too many newbies who like to spam the chat or post really childish comments or harass other members. I think if there was a so called "Pro chat room" then most mature and devoted Primedice gamblers which frequent it instead of the main chat.

If I recall I think there was something similar done with BTCe years ago, a private chat where only the whales could attend.

Who eats the loss exactly in this scenario? Is it Paypal/eBay or is it the individual selling the Home Depot gift card?

I just assumed that Paypal wouldn't want to take the loss so they just cancel the payment sent to the individual who sold the Home Depot gift card to the thief.

Been a while since I've used eBay actually. Pretty much just buy stuff off Aliexpress/Amazon and usually just sell stuff locally on Kijiji. From all those negative feedbacks, paypal chargebacks, etc, I've moved on.

Water cooling will only make the rig a little quieter, the heat will still be there and will need to be removed somehow anyways. And it also makes the rig very bulky and its expensive if you got loads of rigs.

A few years back Bitmain made a water-cooled Bitcoin miner, I think it was called the Antminer C1, I had one for a few months. It was great because it was quiet and you could leave it in the office or sleep next to it, however it still generated heat and you had to put it somewhere there was good ventilation. And it was also bulky with the radiators and all the tubes sticking out.

Your best bet if you live in a house is to put them in the basement or garage, if you don't want it heating up your house.

I think unlike 2017, this time the $10K milestone will be pretty difficult to break-thru. Remember that back in May 2018 it never actually broke thru $10K, it came very close and everybody assumed it would break $10K and head to a new ATH but it stalled right before and headed lower.

So people are prepared this time and most likely they will be selling off somewhere in the $9800-$9950 area just to be sure they can get their orders filled incase it ends up stalling at the same area last year.

I don't think he was the reason for the dump all the way to $3100 from $6500 back in November 2018. I think its just a coincidence that it happened at the time of the fork.

The most likely cause of that massive sell-off was due to over-leveraged longs. Everybody assumed that $6000 support has held, which was proven multiple times in 2018 and rather than have a 1x profit in Bitcoin they went 5x or higher. And at that point pretty much anyone with a leverage position (unless they added margin) was liquidated sometime prior to the $3100 low.

Pretty much just as most of the bears that shorted $3500 or $4000 also most likely just got liquidated in the past couple of weeks.

Thanks for having the kind heart to donate the $1000 to the water charity and I hope it goes a long way to providing clean water to those in need.

I am not really too fond on most charities which want you to donate $100 and $1 or so actually ends up going to the end party, kind of like that "World Vision" charity that some reporter did an investigation on. They adopted some kid, and paid for his clothes, food and education and then they decided to fly down and see the boy they adopted and all the boy got was some t-shirt and didn't understand any English.

Its smart how there are some charities that can provide something such as a way to purify water instead of just buying water and delivering the water to them. Its a very innovated way and smart way to help. Kind of like "Give a man a fish you feed him for a day, teach a man to fish you feed him for life". Most charities adopt the former and most should focus on the latter if they actually want to make a difference.

They probably only did lose 10% of the total funds but they went into liquidation probably because they had way too much debt due to the horrible bear market of 2018.

They probably hired a few dozen employees shortly after the peak and volumes quickly declined, which meant lower profits. Then they probably started to borrow money to keep the company operational and wait until "bear market is over" and it did end however they suffered this attack which was basically the nail on the coffin and they probably couldn't find a way out of the hole.

Would of been better to do a haircut for most users instead of shut down completely and everyone losing 100% instead of 10%.

We never hit $10K a year ago. Look at the charts on Bitstamp and Coinbase, the price hit $9950 or so. Maybe it hit $10000 on the Bitmex futures due to the funding rates or on some other exchange like the Korean exchanges but the spot price never hit $10K back in May 2018.

The momentum was really crazy back in May 2018 and everybody assumed it would hit at least $10K and shortly after head to a new ATH. However it ended up forming a huge bull trap and the ones who wanted to get out at $10K never did and price hasn't reached that level since.

So keep in mind that the $10K barrier won't be a easy one to break through, most likely alot of manipulation in that area.

You might be right, could be a similiar situation of what happened with BSV. It got delisted in many exchanges and pretty much value is tanking everyday (most likely the recent pump will fade completely with the copyright news).

I don't know about XMR but most alts I am holding right now. I am assuming we will see what we saw in 2017, where at first BTC was pumping and alts were losing dominance and then all of a sudden it reversed and alts started to rally while BTC was declining. Right now its not a good time to sell alts, especially ones like ETH.

Really looks like BTC wants to top $10K and will be interesting what happens if it actually pierces thru, might take another run at the ATH.

Its still not profitable or barely profitable in many places around the world.

The only people who find it profitable at the moment are the ones with 10 cent power, which is fairly common in many places but in many other places like Hawaii its still not profitable.

Right now putting the number into What-to-mine you would need basically power to be less than 20 cents per kilo-watt hour to make break-even, based on a RX 470 4GB GPU which is fairly common.

I guess some can mine now and sell in the future if ETH ends up doubling in value.

In the past I've sold many GPUs second hand and most of them went to gamers or people doing video rendering work. You would be surprised but many people will not know how to switch the fans on a GPU.

For some retail gamers, when a GPU fan dies, they generally stop using the card and buy another GPU.

So if you make an ad and state that a fan needs to be replaced, you will have a hard time selling the GPU since most people don't have the experience for that job.

I tried trading and learnt Elliot waves in the past but it's extremely difficult to trade it in real time. It does a great job when you are applying it in hindsight but doesn't really help if you are trying to trade and make real money.

I agree that $10K or close to $10K is on the books since it looks like we had a massive inverse head and shoulder and the neckline at $8400 will most likely break. And after that looking at weekly chart there is no resistance until $9800 area which was the bull trap of May 2018. I remember everybody assumed that it was the last time when BTC was going to be below $10K and the complete opposite happened instead, never hit $10K and stayed below it since last March 2018.

If this was the case then bitcoin would be around $4000-$5000 or so but not at $8000 and what looks like about to break out and run into the $10000 area.

Take out a weekly chart and draw a horizontal line, how many times has it been above today's price in the past? Not much. A short while in the Summer and for a week or two in May and that's it. Before that it was above $8000 only during the crazy bull run.