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741  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Three phases bounty distribution on: July 17, 2020, 06:37:08 AM
It's a good thing that few bounty managers are now limiting participants for bounties but another problem I'm bounty projects are dumps, one way that bounty managers can help to avoid dump is three phase distribution, many would probably hate this but c'mon we all want good $$$ from projects we promoted right? Controlling dump this way works, what do you think? I've seen bubbalex doing this and even COVIR that plan to use bitforex to raise funds plan to distribute tokens in three phases

One way of controlling the dump is buying back of tokens in a cheap rate before it gets distributed or getting listed. That would enable the believers to collect more for cheaper price. Their was a system of buying the stakes of bounty called Tokpie but I guess it's largely a failure but still such services if properly done, could be a good business for the operators as well as an easier solution for the bounty participants.
742  Other / Politics & Society / Re: religious people are right, humanism doesn't work on: July 16, 2020, 06:09:15 PM
The minority always feels themselves marginalized as to some extent the majority of people though might not segregate but would always prefer one of their kind.
The best, tried and tested solution for it is love. Do love and breed so that there would be no more pure blood or pure color.
743  Other / Off-topic / Re: How the latest twitter hack might be explained by past history on: July 16, 2020, 05:57:53 PM
Now they are claiming that it's an insider job. Someone working on twitter was involved in it. The passwords were to be encrypted even for the twitter employee but the person got a way to store a large amount of twitter passwords over a long period of time and exploited it now for maybe some internal issue or an external influence. It's a real sabotage on twitter and they got twitter in the weak spot this time.
744  Alternate cryptocurrencies / Altcoin Discussion / Re: OneCoin scam promoters found dead! on: July 16, 2020, 01:36:05 PM
Oh well, RIP to these OneCoin scam promoters and condolences to their respective families.

Source: https://cointelegraph.com/news/two-onecoin-promoters-found-dead-in-mexico

The first time I heard about OneCoin is from a good friend of mine. Before I was introduced to crypto, she was way ahead of me already. However, she was promoting OneCoin back then until it went scam. She attended various conferences and networking with the attendees to promote OneCoin and mostly got ignored.

This is what we truly get for promoting scams heavily in the internet.
No matter how much good things we are doing to others, we will die at one day for sure so saying death will come to the people who involved in scamming people is not really fair. Cheesy But atleast people who got scammed will be relieved because the person who involved in this activities will not be doing any such activities to anyone in the future.

People should realize that the easy money they earn by scamming others would backfire them one way or other. Those were the promoters that dived in to get some profit. The real mind for the ponzi Konstantin Ignatov is also been arrested and is fighting a case where he could be jailed for upto 90 years while the scam queen Ruja Ignatova is still in the run.
745  Economy / Gambling discussion / Re: Slots are better than Dice. on: July 16, 2020, 02:21:50 AM
The slots simply has a larger house edge and the side wins you claimed mostly don't even give you back your bet. For you to have a profit on hit and run, you need to hit the pot. I have tried a lot of slots and some of them did made me a profit but in the long run for a regular gambler, house edge is what makes you lose more on slots. Even it's difficult to martingale in slots.
746  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Mass Twitter accounts of crypto companies and personalities got hacked! on: July 16, 2020, 01:59:06 AM
It's not just them but prominent figures like Elon Musk and Joe Biden got hacked. Even Apple was hacked to post the message. This simply shows that the hackers utilized vulnerability in Twitter themselves. It has nothing to do with personal security of those people and company. It's a huge blow for twitter as the hacker still can hack any accounts at will.

747  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: TikTok is a new social media source for promoting cryptocurrencies? on: July 15, 2020, 02:06:12 PM

I have not used tiktok but if it can help like how it helped doge go viral then why not use it. There is always a way to make tiktok work especially if its not banned in your country. If a team wants to use it because they want people to just dance to spark the bullrun they are free to do so.

Facebook and twitter though are tested platform to promote a project to go viral so its always been useful.

TikTok is just a video social network for short videos like vine but the best thing is they have this accurate AI integration that shapes your feed according to the content you like to spend your time on. They are quite popular among youths. And just like any other social media, they have privacy concerns and are targeted a bit more as it's parent company is from China.
748  Economy / Gambling discussion / Re: Record Revenue for Blockchain Gaming Company During Pandemic on: July 15, 2020, 10:50:30 AM
And this pandemic would not ease so easily forcing people to get used to living and enjoying the life online. Blockchain gaming are not just fun, they can provide fairness and predictable results than other real gaming platforms and provide a sense of safety and easiness to the users. Gaming online unlike a real casino is much more soothing and though it may lack social factor to a large extent, introverts are going to enjoy it much well.
749  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto mass adoption closing in on: July 15, 2020, 10:30:50 AM
Everything with crypto keeps getting better, thanks to binance, the team and CEO isn't aiming for their pockets only but helping crypto in general, they understand how important mass adoption is for crypto to survive in future, now I heard binance card is getting launched soon, thank you binance and team

Another good news this year is about PayPal involvement in crypto currency, imagine how easier mass adoption will become if PayPal implement crypto payment?



I even believe that Decentralized Finance and Stable coins will play major role too

So far.....So good with crypto, at least we are getting some where, step by step, bit by bit

One of the reason why people are not comfortable using crypto is the technical aspect involved with learning to use crypto. If established enterprise like Paypal would integrate crypto buying, selling and trading within their platform, people would find it much easier to go with as they'll feel it better to buy using the interface they are familiar with. And as they get used to it, they'll look for better alternatives promoting overall crypto adoption.
750  Economy / Gambling / Re: bustabit – The original crash game on: July 14, 2020, 06:09:28 PM
Since all rolls are predetermined, it would be possible for Daniel to see future rolls and place his bets accordingly...
Of course I am not sayin Daniel is doing so! I am just stating that it would be possible for him to do so.


You would have to be very stupid to kill the golden goose like that.

Daniel would be very stupid to even consider doing so!

I was just saying it is possible from a technical point of view!

The game is provably fair to play. So anyone can play without any issue and the casino profits from 1% of house edge.
But when you are investing in the bankroll of bustabit, you are basically trusting the admin with your money. He knows every outcome and if he intended to, can place a bet to make a win out of investors money and not get caught. If you think you can't trust daniel, don't invest in bankroll.
751  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Do any casinos offer cryptocurrency staking? on: July 14, 2020, 09:12:29 AM
Gambling sites doesn't use the word staking. But as they need the liquidity to make the margins high, many of them takes users investment as bankroll. There are a number of popular gambling sites that accepts investment in bitcoin and other crypto as bankroll investment. Bustabit and Bustadice are one of the popular ones for bitcoin investment. Ethercrash provides investment in Ethereum while Yolodice also offers Litecoin and Dogecoin.
752  Alternate cryptocurrencies / Altcoin Discussion / Re: New project with new mining system on: July 11, 2020, 11:34:08 PM
Mining is a process of securing the blockchain, making the transaction happen. Mining is not just a gimmick to reward users like the way pi network works. POW and POS makes the blockchain run and as state tokens operate within the blockchain of another coin.
Getting more coins for holding coins is staking and it's not something new. Staking itself doesn't replace POS or POW.
753  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2019/20 on: July 11, 2020, 02:47:58 PM
La liga had been the popular football league for international viewers for some time now but this year Primer league shadowed them. Barcelona was certainly less entertaining this year. Zidane did an impressive job by balancing the team from what he have. This year surely was not much fruitful to popular stars of the field.
754  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Dogecoin prices crash if TikTok continues to get banned? on: July 11, 2020, 02:11:20 PM
Dogecoin price would crash even if Tiktok didn't get banned. Any unnatural price pump is followed by a dump. I don't think it would be wise to blame Tiktok for the pump and dump of the coin as the hype could have been made through any social media but it seems like the users of TikTok are mostly stupid people who can't think for themselves.

I guess it's a type of natural selection. Thanks to the hype, many of the users got some profit on the Dogecoin they held. The hype starter ofcourse doubled his money overnight and probably the early jumpers too would make money that if they know how to sell the coins they just bought. Social media are really turning people to sheep and they do move in herds.
755  Other / Beginners & Help / Re: Useful tips I've learned so far, might come in handy on: July 10, 2020, 02:53:22 PM
Don't rush on making decisions. A small change in price won't give you a large profit or loss. Read about the coin and it's review. Find what problems other people faced. Be sure to use a legit exchange as many people lose their coins while exchanging and withdrawing and similarly beware of what wallet you are using.
756  Economy / Gambling discussion / Re: Is it beneficial for the crypto casinos to add stable coins? on: July 10, 2020, 12:33:15 PM
There's a trend in casinos to add stablecoins. Stablecoins would make it much more easier for traditional gamblers to move to crypto gambling sites. Most of the crypto casinos provide better house edge than traditional casinos and some form of gambling are still exclusive to crypto users.
I've seen on most casino sites that people are asking how to buy and sell crypto and how it's value is determined. They'll feel easy gambling with stablecoins.
757  Alternate cryptocurrencies / Altcoin Discussion / Re: Warning <$100,000 worth of the stablecoin were frozen in the wallet> on: July 10, 2020, 01:20:30 AM
Don't judge on this yet, I suspect that address owner stole that money, it's better for centralized power to deal with criminals, if it's on decentralized projects the criminal will escape with that money, if this is what happened I'm glad the money is frozen

It doesn't matter what he did. Maybe he stole it maybe he did not. Was he sentenced? Was there a conviction?

They froze his money without a trial so this shows how dangerous using a stablecoin can be when somebody suspects you of something and you get your money stolen from you which can make you unable to hire a lawyer and defend in court. It can also make you unable to travel to whenever you want to defend your case and so on.

USDC is certainly not decentralized and they are a legit business under the US jurisdiction. They need to comply when the government asks.
It's the same for most of the exchanges and other coins and tokens. Even if it were decentralized coin, the authorities would make it hard for the person to cashout.
758  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 50% increase in Doge coin price in just 24 hours! on: July 09, 2020, 02:28:15 PM
There no cure for stupidity. The only thing we can do is cash in our dogecoin if we have any. The starter of the hype clearly bought a large amount of dogecoin and did all this so that he could make a good profit. The stupid people following him would lose at the end and learn the lesson a hard way. Nevertheless, it's a way to get introduced with crypto market.
759  Economy / Gambling discussion / Re: Betting Odds comparison on: July 08, 2020, 11:00:50 AM
Wow, I'm late to the party but thanks. I was always looking for a comparison site like this. We had a lot for the traditional casinos but never found as attractive crypto comparison site as this. I have accounts on all of these crypto betting sites and now I can know where I'd get the best odds without checking every of them. The Arbitrage betting is a plus point but the margins are generally so low that it changes by the time you realize it and tries to place bets.
760  Alternate cryptocurrencies / Altcoin Discussion / Re: Dogecoin tiktok challenge Hype. on: July 08, 2020, 10:45:23 AM
The one creating the hype must have purchased a large amount of dogecoin and now wants to dump them on unsuspecting investors.
I don't feel any sympathy to the people who would get butthurt for not being able to get a profit from the hype as it would be a lesson to those lazy sheep.
People should not come to crypto without knowing it. They should at least have some idea about the working principle and economics before jumping in to invest.
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