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I thought Just-Dice was the only one?
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U can invest in a mining contract.
Please explain and suggest links.... i think casinos are more profitable than mining, but after just-dice stopped their services i'm not sure which casino is going to be the most popular. i personally like www.satoshicarnaval.com but i'm not sure if it will catch on. Casinos willtake your money at an average rate of the house edge every bet. Cloud mining will probably never ROI. Casinos will probably make you lose your money quicker and cloud mining may be somewhat educational about how bitcoin and mining works. Both are bad investments. IMO if you do not have any need to spend the bitcoin then you should hold it It seems what zimmah suggested is not gambling in casinos, but investing in bankroll of casinos. This is less risky, however is still not without risk as it would be possible for "larger" gamblers to have short term good "luck" and creating negative returns for the bankroll. Yup, you're probably thinking of the nakowa incident: http://www.reddit.com/r/Bitcoin/comments/1mwd98/a_whale_has_pushed_justdicecom_into_negative/It's pretty irrelevant now since Just-Dice recently closed. I'm still very much in the same boat as OP. I have about 0.25 BTC and was looking into investing maybe a tenth of that somewhere but it looks like JD is no longer an option (at least for now). |
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Looking at Coinmarketcap.com, Bytecoin has a higher market cap than Monero ($8 million vs. $5 million) but it also has 20 times less volume ($10,000 vs. $250,000). Which measure is more important when determining success and which coin would be considered the more successful of the two right now?
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I don't understand this attitude they are "washed", "verified", etc. My bitcoins are accepted anywhere bitcoins are accepted. Aren't they worth just the same?  Bitcoin is fungable however people often do not wish for the bitcoin in their wallet to be associated with other addresses associated with illegal activity I doubt most people would know however. When I buy BTC, all I see is the amount that I want and an address (or addresses) with random characters that sends it to me. Same goes for everyone else. Most people (shops included) aren't going to put in the time and effort to trace back any of the transactions that they receive. Plus the practice of using change addresses would make it rather difficult to know whose money actually belongs to whom. |
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I use Electrum but I also have a cold paper wallet generated using Vanitygen on an offline computer with the private key printed on a piece of paper. I also memorized the Electrum seed so it doubles as a brainwallet as well.  |
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I want to be a little boy.
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Sad to see Just-Dice go. The idea to allow users to be the house was, and is, truly innovative.
Yup, same here. I was looking forward to doing something useful with my bitcoins instead of hodling them but it looks like investing in Just-Dice is no longer an option.  |
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Users can now request a manual withdrawal by clicking on the MANUAL WITHDRAWAL button in the FREE PLAY page. The minimum amount required for a manual withdrawal is only 0.00006000 BTC and manual withdrawals will carry a fee of only 0.00000400 BTC!
Thanks! I've been waiting for something like this. Your other site, Freedoge.co.in had this option for a while now and it worked quite well. |
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Doesn't coinmarketcap list bcn as **/significantly premined?
Doesn't coinmarketcap list bcn as **/significantly premined?
82% premine by a handful of people before Bytecoin became known by the public. Check the Bytecoin Blockchain for proof, it's been mined by the same group of people since 2012 when it was released in secret, and it was only made public on March, 2014(this year) Technically it was more of a ninjamine than a premine. |
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Those who only own Bytecoin will probably call Monero a copy-and-paste clone. Those who only own Monero will probably call Bytecoin a premined scam. Both descriptions are incorrect although they have some sense of truth in them and I think neither coin is necessarily "better" than the other simply because each one has its own pros and cons.
Bytecoin pros:
They were the first to implement CryptoNote.
Skilled dev team who wrote the code and understand it.
Bytecoin cons:
Poor distribution as most coins were mined by the deep web community.
Monero pros:
Much more transparent distribution.
Benefits from a much more inclusive community.
Monero cons:
Dev team didn't write the code themselves and so are probably less familiar with it.
Like I said all Cryptonote coins will help each other if the devs keep on working. BCN will be "haunted" forver imo due to the bad distribution whatever the devs do. I would rather lose my investment on XMR than try to persuade people that BCN's distribution was fair. Yes, the mysterious distribution is my biggest concern with Bytecoin and it's the reason why I didn't go all the way with BCN but invested in Monero as well. Another fact to consider which I forgot to mention is that the distribution opens the price to possible manipulation (i.e. a BCN whale could seriously crash the price). This is not the case with Monero, of course. Interestingly, the distribution of Bytecoin has many parallels with NXT's initial distribution and attempts by the community to launch forks of NXT with a wider initial distribution. Finally, there is the moral question to consider among this all. Bytecoin was the one that started it all, and to have it fail would, to me, represent a failure of open source principles. It is apparent that whoever wrote the code behind Bytecoin and its forks put in a lot of effort into it and so there is also the moral idea that the Bytecoin devs have every right to reap the rewards of their creation. EDIT/DISCLAIMER: I am invested 50:50 in both BCN and XMR. |
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Those who only own Bytecoin will probably call Monero a copy-and-paste clone. Those who only own Monero will probably call Bytecoin a premined scam. Both descriptions are incorrect although they have some sense of truth in them and I think neither coin is necessarily "better" than the other simply because each one has its own pros and cons.
Bytecoin pros:
They were the first to implement CryptoNote.
Skilled dev team who wrote the code and understand it.
Bytecoin cons:
Poor distribution as most coins were mined by the deep web community.
Monero pros:
Much more transparent distribution.
Benefits from a much more inclusive community.
Monero cons:
Dev team didn't write the code themselves and so are probably less familiar with it.
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I know this has been asked before, but the list seems to be getting shorter every day.
Cryonics. There are two cryonics providers in the entire world: Alcor and the Cryonics Institute. Neither of which accept Bitcoin as a means of payment despite the fact that both the transhumanist community and Bitcoin community are largely composed of libertarian computer nerds. EDIT: It looks like I haven't been keeping up with the latest news! It seems Alcor just started accepting Bitcoin for cryonic suspensions since 12 days ago! Hah! http://www.reddit.com/r/Bitcoin/comments/27yjsu/you_can_now_pay_for_your_own_cryonic_suspension/ |
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Well indeed im in fact have seen even an Ad here in the forum saying they accept credit card to sell bitcoins.. i dotn know how but they woulndt do that if they are not secure.
If u have seen it in the forum, then it is most likely a scam and they'll ask u to pat first. Pay first CC payment can be only be done to highly reliable merchants. The site is indacoin, https://indacoin.com/change , it seems fishy but maybe someone already tried it. Looks like someone have used the site, but the thread is in Russian and I can't understand a single word in it. https://bitcointalk.org/index.php?topic=504268.0;allI saw they were advertising here (banner ads) so I tried buying $20 worth of BTC from them. They seem to use a payment processor called eMerchantPay which I have never heard of but a Google search revealed nothing negative about them. After I put in my credit card details, they asked me for an authorization code which I was able to get after I called my bank. About two hours after I entered the code, the bitcoins arrived: http://blockchain.info/tx/2deb120f9a90c8fa535363958d297cbc611e6b2c94eee7d2d6b35e57529173c6It cost me $20 USD for 0.029 BTC (or roughly $690 USD for 1 BTC) so it's a bit overpriced. Not sure how it is that they avoid chargebacks. The site owner seems to be a member here on the forums but all his posts are in Russian. I think u have not done it right by providing your CC details to an untrusted merchant. I have previous experience of paying for a less known hosting company with an untrusted payment processor. They activated recurring charge without explicit mention to me. They did not have even any option in the hosting to cancel the recurring. Cancelling were supposed to be done manually by convincing the sales team which was impossible. Ultimately I had to call my bank and ask them to permanently block that biller from charging me in future. Use of CC with untrusted merchant can be horro. Be careful and take preventive action. I used a debit card linked to a bank account that I only keep $100 max in. And I could cancel any unwanted charges via the bank. But yeah, you're right. Normally I wouldn't have done it but I thought they would be cheaper than LocalBitcoins. Turns out the prices for both are pretty much the same. |
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The crisis strategy draft that was leaked just before Mt. Gox fully imploded said that Mt. Gox would be rebranding and relaunching as "Gox" with a new name and logo, and most importantly, that they would be reimbursing those who held coins in the old Mt. Gox. Well, it's been almost six months so where the heck is it? Where is Gox? Gox.com doesn't resolve to any particular website. And searching for it reveals no new information. If Mt. Gox wants to redeem itself to the Bitcoin community and undo this giant mess that they created, then they should stick by what they had promised by having Karpeles step down and letting a new team take over so that they can start working on reimbursing their customers' funds ASAP. According to an apparent Mt Gox crisis document, which has been widely circulated online, the company is considering shutting down trading for an entire month while it rebrands itself as ‘Gox’, brings in new management, and employs a fresh set of technical staff. The document is not officially confirmed, but internet messenger conversations detailed on Fox Business appear to show Karpeles telling industry consultant Jon Fisher that it is “more or less” legitimate. Link to the crisis strategy draft: http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-DraftThe new branding is already complete, and new services such as the Bitpocket wallet are already developed and ready for deployment. With a new image, team, and offering we believe that it will be a challenge, but is not impossible. The risks of not acting are incredibly large and unpredictable. |
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Sure he could leave Canada and go to Malta for example to continue the site but if he doesn't want to then that's OK as well. Who knows? Maybe he has friends or family living in Canada and doesn't want to leave them forever and is happy with the million or two that's he earned from Just-Dice. I know I certainly would be.
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I thought Satoshi had 1 million coins, not 1.5 million. No its a premine. No doubt about it. Bitcoins had one of the highest premine's ever. Only coins I know of had a bigger premine off the top of my head was the country coins that was popular a few months back.
Steve
Sounds like you have a very different definition of "premine" here... Satoshi announced the project publicly, and there were only a small number of people interested in it and started mining at the beginning. As a result, satoshi did mine a lot of bitcoins, but I don't think it should be called as a "premine". Bitcoin wasn't premined. Because the definition of a premine is when the dev begins mining before the coin is actually released. Satoshi launched Bitcoin in 2009 and all coins were mined after this date. On the other hand, it could be argued that Bitcoin was ninjamined, albeit unintentionally. |
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Well indeed im in fact have seen even an Ad here in the forum saying they accept credit card to sell bitcoins.. i dotn know how but they woulndt do that if they are not secure.
If u have seen it in the forum, then it is most likely a scam and they'll ask u to pat first. Pay first CC payment can be only be done to highly reliable merchants. The site is indacoin, https://indacoin.com/change , it seems fishy but maybe someone already tried it. Well indeed im in fact have seen even an Ad here in the forum saying they accept credit card to sell bitcoins.. i dotn know how but they woulndt do that if they are not secure.
If u have seen it in the forum, then it is most likely a scam and they'll ask u to pat first. Pay first CC payment can be only be done to highly reliable merchants. The site is indacoin, https://indacoin.com/change , it seems fishy but maybe someone already tried it. Looks like someone have used the site, but the thread is in Russian and I can't understand a single word in it. https://bitcointalk.org/index.php?topic=504268.0;allI saw they were advertising here (banner ads) so I tried buying $20 worth of BTC from them. They seem to use a payment processor called eMerchantPay which I have never heard of but a Google search revealed nothing negative about them. After I put in my credit card details, they asked me for an authorization code which I was able to get after I called my bank. About two hours after I entered the code, the bitcoins arrived: http://blockchain.info/tx/2deb120f9a90c8fa535363958d297cbc611e6b2c94eee7d2d6b35e57529173c6It cost me $20 USD for 0.029 BTC (or roughly $690 USD for 1 BTC) so it's a bit overpriced. Not sure how it is that they avoid chargebacks. The site owner seems to be a member here on the forums but all his posts are in Russian. |
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7 hours and 52 minutes
Guess I won't be winning any logged-in endurance awards anytime soon huh?
I wonder what Satoshi's system would say
Total time logged in: 4 years 7 months 16 days 4 hours and 32 minutes? <---my guess!
Not really; this isn't the time since you registered an account here, but the time you've spent active in the forum. Still, last I checked, the highest logged in time was at about 800 days for a forum member. EDIT: just checked: satoshi is at 9 days. ( https://bitcointalk.org/index.php?action=profile;u=3;sa=statPanel) Wha...  So I've been here for almost as long as Satoshi!? |
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