4- Darker45

Practicality-wise, ito nga siguro yun. Ito yung gusto natin eh, na maaari na nating gamitin si BTC sa halos lahat ng pang-araw-araw na pangangailangan natin. Dito sa small transactions talaga swak to si LN eh. Pagdating sa large amounts, you better be using the Bitcoin blockchain mismo. Hindi lang dahil naka-broadcast ito kundi dahil na rin sa malaking posibilidad na mahirap na mangyari ito considering that ang set-up ng LN ay hindi kagaya ng protocol ng Bitcoin na kung saan ang ipapadala mo ay syang matatanggap ng pinapadalhan mo. Sa LN, parang utangan muna ang nangyayari sa transaction. But this is a different discussion altogether.

Ang point ko is, does practicality override the original design of Bitcoin? As a matter of fact, sa tingin ko ang LN ay deviation na sa mismong design ng Bitcoin eh. Out of our sheer eagerness to use Bitcoin as the main currency, imbis na dun tayo gumawa ng improvement sa mismong blockchain, we resorted to adding a different layer, which is essentially hindi na Bitcoin.


Unfortunately, ito ang sa pagkakaintindi ko ay nanganganib na maaapektuhan sa disenyo ng LN.


Oo naman. May choice ka naman na hindi LN ang gagamitin mo.

I think this could be possible. But only for as long as you will stick to your very small winning target. It would be a different story altogether if you set a much higher winning target. The possibility will become smaller and bleaker.

Yes, Martingale could be used here. You could also set the winning percentage a bit higher.

But since this is gambling, there is never a 100% guarantee that it will turn out smoothly. So you better be setting a certain amount to lose each day as well. Otherwise, you might lose everything.

Lot 2: 0.0013BTC
Lot 6: 0.0004BTC

Pero maraming mga in favor naman dun sa privacy na tinataglay ng off-chain transactions. Sinasabing Bitcoin is designed to be private and anonymous so bakit we make a big deal out of it na hindi nakikita yung details nung transactions. Pero personally, parang mas okay yung transparent lahat lahat, every step of the way.

Nabobroadcast naman daw on-chain ang transactions pero parang isahan ang mangyayari. Halimbawa, nagkape ka sa Aling Nena Coffee Shop sa umaga bago ka pumasok sa trabaho at nagbayad ng 10 Sats, tapos sa tanghali naman ay bumili ka ng cake dun bilang dessert at nagbayad ulit ng 10 Sats, tapos bago umuwi nagrelax ka at nagkape ulit sa halagang 10 Sats. Ang mangyayari, magrereflect doon sa blockchain na nagbayad ka ng 30 Sats kay Aling Nena Coffee Shop. Hindi yung per transaction.

I dunno kung tama ako rito pero ganito yung nabasa at naintindihan ko.   

I do love speculators as well. But not just because they give positive vibes on the market. I also love they way they affect the value of Bitcoin on a negative way. They could very well be instruments for those of us who would want to enter the market with a low price. And I believe the speculators' hands are all over every pump and dump in Bitcoin's price history.

To bump this thread for further discussion and for argument's sake, I would like to hear your opinion about transparency. For me, one thing that makes Bitcoin trustworthy is that it is transparent, fully transparent even. Each and every transaction within the blockchain is showed publicly and therefore could be accessed by anyone.

I remembered imagining public officials and offices here in the Philippines using Bitcoin wallets and doing transactions on blockchain. It could be more transparent. No hiding is possible as to when, to whom, and how much was spent or paid. Corruption could be greatly minimized.

If you use the Lightning Network, however, it is considered an off-chain transaction. Therefore the particular details of the transactions are not recorded on the blockchain and therefore not public.

This, for me, is not a good thing at all.

Which would you prefer, OP?

Advance greeting on your 2nd Birthday, creeps!

Ito ang hula ko: $10,106.

My wish is for you to climb a rank higher before your 3rd birthday! Advance Happy Birthday! 

Maganda yung naisip mo kabayan. Pero idadagdag ko lang para medyo malinaw.

Ang Lightning Network ay kasalukuyang hindi pa maaaring gamitin. Kumbaga ito ay nasa planning, early implementation o testing, at debugging stage pa lamang. Wala pang software kung saan ito ay maaaring magamit ng mga users sa kanilang pang-araw araw o ordinaryong mga transactions. So sa madaling sabi, dinidevelop pa lamang ito. Pero syempre tayong mga users naman ay hinihikayat ng mga developers ng Lightning Network na matuto at subukang gamitin ito through Bitcoin's testnet. Kasi nga nasa testing stage pa lamang ito, hindi muna gagamit ng totoong BTC o pera.

Bagama't napakagandang ideya nitong Lightning Network, at naipaliwanag na marahil ni finaleshot2016 ng sapat kung bakit, ito ay nanatiling magandang mithiin pa lamang. Bago magamit ito ng mga katulad nating supporters at users ng Bitcoin, kailangan pa munang siguraduhin na talagang ligtas at maayos na nagagamit ito.

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Maganda sigurong gawan ng posibleng pros and cons ang Lightning Network.

Lahat naman ng tungkol sa Lightning Network maaaring ma-access online. Pero mas okay na rin na accessible sya dito sa local language mismo.

Two thumbs up sa malinaw na paliwanag ni OP tungkol sa LN!

Source: https://cointelegraph.com/lightning-network-101/what-is-lightning-network-and-how-it-works#where-when-and-why-will-it-be-used

Per match betting is the best option to some. It's a lot easier to weigh in the possibilities.

You might want to try using crypto bets this time. Take a look at the bottom of this post. That is, if you are a fan of the teams mentioned.


Yeah, the team has the highest DPC, after all. Let's see! 2019 might be their luckiest year and the aegis will finally fall on their hands.

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Anyway, guys, take a look at this. This I saw when I dropped by the site of Nitrogen Sports. All you Team Liquid, OG, and EG fans out there, 1 BTC is not bad at all, is it?

If you really want to become a high league pro poker player, earn a name first. In your locality, that's what I mean. Play local, small time, first. If you become a notorious player there, you'll definitely get to play at the higher levels, and when you earn an additional star there, your level goes a notch higher. Good luck!

By the way, you might want to try playing poker at Nitrogen Sports. Try it there. You might love it. You can even play at different tables at the same time with Nitrogen Sports poker.

As to the safety of our personal information, that we cannot guarantee. They may claim utmost care and privacy in treating our personal information, but it still remains open to hack attempts. However, since they are requiring KYC, traders and users of centralized exchanges are left with no other option but to comply. But if you cannot afford to divulge any of your personal information, opt for DEX or peer-to-peer transactions.   

The popularity of the method of selling new altcoins is never a reason for me to participate or not on a specific project. As a matter of fact, it does not have any bearing at all as to my decision. A start-up has its own credentials and whitepaper. You will read and scrutinize those and decide whether it is good to invest on that project or not, regardless of whether it is using ICO or IEO or even direct listing in the sale of its tokens.

So my #18 Freedom&Liberty knife will also have the COA on a full A4 sheet?

It is much appreciated if there is a sort of a padding for it. Otherwise, it might arrive in the Philippines full of creases.

Thanks! 

Trading is indeed synonymous to gambling if you are doing it without any basis at all, or if your sole basis is your mere gut feeling. That will bring you nowhere. I haven't experienced that so huge a loss in so quick a time even when I was a newbie. Here are my questions to you:

• Why didn't you start with a small amount?
• Why did you remain loyal to a single coin?
• Why did you even start trading without learning the methods and the strategies first?

For sure this is going to become a sort of a hang out place for like-minded individuals. Dropping a quick hi and hello here and there must not be awkward at all. Chatting over a cup of coffee here must be great knowing that most of the customers share the same passion and interest. It feels like there are really no strangers inside this cafe. Everybody's bound by the ideas set by Satoshi.

This is the best way of doing it but this is also easier said than done. I personally know of someone who gambles almost on a daily basis. The good thing is that he sets aside a specific amount of money for it and will never exceed that if he ends up unlucky. If he is lucky, he is also setting a strict amount of winning for him to call it a day and pack up. I call it sheer discipline and I take my hat off to such kind of person.

Personally, though, I am easily swayed by the fun in gambling, and probably the insuppressible feeling to get back or to recover one's loss, that I often end up losing more than I supposed to.

Oh yes! Aside from the fun, it has to be about the money. Take the money away and perhaps the fun will also evaporate.

Anyway, I think Martingale remains a strategy until today because some gamblers, or perhaps a lot, would surely choose to regain all their losses in a single bet rather than little by little. Spell impatience.

The 1 unit may seem very little and certainly not worth the 128 units bet. But considering the respite after finally taking back the 127 lost units after 7 consecutive losses, that must be a little heaven. That must definitely count.  And if that fails, well, there's always a 356 bet that follows. 

There will always be missed chances. What is important is that the present ones should be taken immediately and firmly. Lost opportunities may be lost forever but new ones should be grabbed quickly or else it will also be lost. The $3,000 BTC may only be seen in history but the $9,500 is still at hand. Grab it or else you will also miss it.

You hit the cherry, mate!

The question now is, by the time you are realizing that, I mean after you lost the 7th consecutive game, do you still have the 128 units to bet? By the time you are somehow enlightened and finally go for the all in, does your capital still support you? If yes, that's good for you. You may start back to step 1.