Depending on how many exchanges exactly will follow this suit, the coins value can quickly go to zero.

BSV wasn't listed on many exchanges to begin with and if another exchange like Bitfinex also delists it then it would definitely strike a bad blow.

I am surprised that Kraken and Shapeshift followed Binance decision actually.

The OP held a similar contest before with a house and he basically doxed himself with a photo somewhere in the first page of this thread.

I agree that it would make more sense to just give the value of the car instead of actually buying it. Since the car won't be purchased until the contest is over and purchased in the winners country of origin then it might be possible. However I didn't read the terms and not sure.

Some contests don't allow to take a cash settlement because they use the car with a winner present in the photo for publicity reasons.

However like you mentioned before the price of cars varies country to country and it might impact the final price and what percentage the OP will take as profit for holding this contest.

Say if he chooses a winner from USA then he will have more profit than a winner from say Australia since the cars cost more there.

It's like fourth quarter of 2017 where every news stand posts crazy predictions about bitcoins future price. Basically it's more of a way to get views than actually provide anything concrete.

Some will click the link, read the article and most likely won't buy any crypto anyways. But the news stand gets its exposure and all is well.

It's surprising how during the market decline there wasn't any predictions about bitcoins bottom of $3K. Some had very low predictions like $1000 but nothing in the $3000 range.

The Author CEO of Bitmex was correct when he said that ETH will hit double digits and most likely the only analyst to provide anything inciteful.

You don't need to break them if you want them removed. Just put a little bit of flux on them and use a solder tip and they will easily come apart.

People rarely remove LEDs, usually when people want them removed is due to the annoying bright light which is a problem for some that sleep in the same room as their rig, but they usually took black electrical tape and covered it up and it dimmed the LED pretty well.

It's definitely a scam and most likely no product will be delivered. It's good that these scams post crazy unachievable numbers such as 1Ghs on a mobile phone which obviously is not possible and probably won't be for the next decade even given how phone CPUs are designed every few years.

I am noticing more and more scams all of a sudden are starting to pop up. Basically after November 2018 crash it was pretty silent and in March 2019 all of a sudden scams popping up out of nowheee. Maybe it's a sign that retail adoption is coming back.

It might seem redundant but the reason why bitcoin services or exchanges are using mediums such as Reddit, Discord, Slack, Twitter, etc is because people are starting to phase out of Bitcointalk and most people use the former services.

In my opinion one of the reasons why is because Bitcointalk is very difficult to browse on a mobile device, which is something a large percentage of people use today. Basically its fine on a tablet but if you got an old phone like iPhone 5 then you would need to constantely zoom in and zoom out to be able to read anything and typing would also be difficult because you would type a little, need to move the screen and continue typing more, since you can't type an entire sentenace because it would be too small to read what you are writing.

Hence the reason why its good for gambling sites to use other mediums such as Reddit.

I don't think adding altcoins increases a casinos popularity, especially right now when BTC fees are low. Basically coins like ETH or LTC are fine but adding niche type of tokens is really unncessary since most of those tokens have no utility except speculation by day traders. These tokens maybe would play a roll if BTC had a huge back log like it did in January 2018, because I remember having to pay $50 to send a single transaction and it still took 12 hours to confirm.

The one token that really should be added to gambling sites is a stablecoin, especially since BTC is so volatile. However due to regulations most casinos don't want to touch tether or any type of regulated stablecoins due to fear of government intervention.

Basically its what I mentioned a few days ago with the people selling and buying stocks on their retirement accounts. With inflation stocks in general always go up, especially in a yearly or decade type of scale. So each investor can come out ahead and everybody can make money.

However you need to realise that eventually "someone" will buy the top and be the loser in that trade. So either someone invests their retirement funds in a company that goes bankrupt or someone that bought BTC at $20K from someone who bought from someone at $1K who originally just mined the coins on his laptop.

Eventually all type of trading is zero sum one way or another.

I don't think the LED burnt out, I just think its a very bad soldering job and there was a crack in the solder and it no longer lights up.

Basically sometimes when the riser heats up, the LED might function again due to the metal expanding and the solder making contact again. When cold there is an open circuit.

I would leave it the way it is, if you really want it to be functional, just put some flux on the LED and do a simple solder tip swipe and it should function again.

Either this or like the above poster has said, the LED burnt out due to heat, however most LED should be able to withstand heat from GPUs which is not all that hot to begin with.

The site is still offline. I would wait a week or so and if its still offline then most likely the original poster closed it down due to lack of interest.

His last reply was over a month ago on March 11th. It seemed that the site took investors bankroll so hopefully its not an exit scam.

These days its very difficult to compete with sites like Primedice, Fortunejack, Stake, etc and even if you do create a unique site most gamblers won't gamble due to trust issues, since its a new site. Running a gambling site these days is getting as tough as running a succesful restaurant business, where only a small percentage survive and the rest die off.

I saw that interview a few days ago. That interview actually makes him sound actually intellegent compared to most of the tweets he sends out.

I don't know why he keeps predicting the Bitcoin price however because most of the time he is incorrect. He said in 2018 that it would hit $50K, then changed his mind and said it would hit like $2K, and a month ago he said that "Winter isn't over yet".

The Bitcoin bonds however is very intersting and I hope that the exchange actually does launch it. Same with the SP500 and Nasdaq indices trading. Hopefully they can get over any regulatory hurdles and get it launched.

Except you are forbidden from mining in Venezuela since the power is a surplus paid by the government. There were reports of people getting arrested and their rigs seized if they were caught. Maybe you could get away with a GPU or two however no way you could mine with a loud Antminer S9.

The bigger issue with this is how can one afford to buy a computer let along a high end GPU to begin with if they are living in poverty. What is the min wage in Venezuela? About $5/month, how with a rig costing $2000, its impossible for most people to afford that.

I am pretty sure you can own a Lambo in any country on the planet. However there are emission regulations and safety standards that vary from the European and USA markets.

This is why sometimes there are different engines in different cars due to these regulations.

So you can easily buy a lambo in Europe, ship it to USA and drive it there. However you might have to spend thousands in modifcations to make it road legal. Basically only possible at a Lambo dealership and it won't be cheap.

So it makes more sense to buy the lambo in whichever country the winner residences and that way they can easily get the car tagged and insured. This is the smart way to do this raffle. The house situation was entirely different, its very difficult to move a house.

The entire Crypto market crashed back in November 2018. Its hard to say the reason for it. There is speculation it was the BCH and BSV hashrate fight or whether it was too many leveraged traders who didn't think $6000 would break.



The issue with the R9 290, is that they don't hash at 30MH/s anymore with ETH, they got that DAG thrashing bug that the 280X had and they hash now at like 20MH/s while using like 200 Watts, hence it will be a while before they are profitable.

The real retail FOMO probably won't start until maybe $10K breaks or we get some Bitcoin ETF approval. I think most of the FOMO these days is either people buying back their Crypto they sold last year, people using their Tether, or shorts covering their positions because it looks like it might go higher.

Last time we got FOMO was when BTC was like $3000 and the FOMO started because it broke the $1100 ATH back in 2017. So we are a little while away from the retail FOMO.

Some whales might actually be entering the market. Looking at tether market cap,
https://coinmarketcap.com/currencies/tether/

It looks like $200,000,000 worth of tether's was just issued in the last week or so. Basically we saw alot of this in 2017 and usually we got a pump afterwards, it was called the "Tether pump".

Every chat and trollbox is like that these days. Like I said a few posts back, they all went down hill after 2017 when the retail market adopted into Crypto which mostly consisted of immature people and beggars.

The chat used to be a great place to interact but right now you can't find an individual who is mature enough to hold a conversation with.

The worst are the people who come up with elaborate stories about how they lost BTC or had it stolen and they need people to send them BTC because they got hospital bills to pay.

Pretty much every trollbox is like this these days. 

I don't think $4400 was resistance, resistance was the $4200 area which was formed from the $3100 bounce back in Dec 2018.

Most people had their stop-loss right above this area and when it broke it sent a wave of market buy orders so the shorts could cover. These shorts were all underwater anyways.

However I am talking about the shorts in the $5500-$5800 area that entered when we broke support in November 2018. When BTC hit $3100 they were sitting on massive profit, and unless they took profit, all those unrealized gains were evaporated pretty much.

Well in the past there were casinos which had 0% house edge. Most of the legit ones did it as a promo, and the scam ones did it to steal bitcoins.

It makes sense that the casino needs a house edge so it can earn an income, however I think even if casinos had 0% house edge they would still earn profit due to fear and greed.

Casinos make crazy profits from newbies who martingale and get 10 losses in a row and clean out their accounts entirely. That's where most of their income comes in, not from the small house edge.

One reason why casinos don't have 0% is due to bots, it would be very annoying because bots which don't trade on greed and emotion would basically flood the bets and the casino wouldn't get anything out of it.

I've used Poloniex for years in the pre-KYC days and I've never had any issues. They did have some hack back in 2014 or so and it ended up having a small haircut for all BTC balances but that was before my time.

When I used them I've never encountered any issues. The withdraws were almost instant, fees were fair. The deposits for some alts were really slow due to the long confirmation times but its not the exchanges fault.

When Bitcoin went on a full bull rally in 2017, the exchange had to implement KYC and that is what caused most of the issues. Because most balances were frozen and they did some without warning and every since then the exchange went down-hill. Looking at the total volume,  its a very low volume exchange these days.