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821  Economy / Gambling discussion / Re: Bitcoin Casino - Players favorite 2017 on: January 06, 2017, 01:15:54 AM
Want to make one thing about the Geo location clear

Its Bitcoin, each cane come and play and win and lose and have fun.
Once you want to cash out and that what the players noted about (Also some threads here), than the geo location comes into discussion.

Exp 1: We apologize but players from Israel, Spain, the UK and the USA are prohibited from playing real money wagering games
So if a player wager in Bitcoin? is it ok?
What if the player is from USA but plays netent slot in Bitcoin - now its ok?

Exp 2: OR TO MAKE ANY DEPOSIT OR RECEIVE ANY WITHDRAWAL.THE EXCLUDED TERRITORIES ARE AS FOLLOWS very long list of countries.
But playing with Bitcoin is ok? Since its possible? what if I play and win?

So yes, players do care about if the casino will make the difficulties or not after they will ask to cashout from specific location.
Geo Location is real pain in the butt as long as fiat is used. With credit/debit or PayPal/other fiat payment processor it doesn't matter if you access site using VPN or not.
Your name, location and address will most likely be reveled to the casino operator effectively making withdrawals impossible.
With Bitcoin there is no problem as BTC transaction can't be geo located/tracked and your BTC are not linked to your ID in any way.
822  Economy / Gambling / Re: The Bitcoin 100 on: January 06, 2017, 12:55:37 AM
My questions/concerns:

1. What is the system you are using to determine the winning box? You said you use random number generator - care to elaborate more: which one, how it works?
2. Even if you use reputable random number generator - but there is not way for players to check the process - whole idea of the game being presented as fair is lost.
3. Each box costs 0.001 BTC and the current jackpot is 0.001 while chances of winning are 1:100 - So with current jackpot there is literally zero incentive to play the game.
823  Bitcoin / Press / Re: [2017-01-04] Bitcoin Makes History, Reaches Gold Parity on: January 06, 2017, 12:18:56 AM
For the first time in the history of humankind, a currency has reached and surpassed the value of the oldest money on earth, gold.

https://www.cryptocoinsnews.com/bitcoin-makes-history-reaches-gold-parity/
I always thought that Gold Parity was reached before when bitcoin jumped to its ATH of $1242 on 29th November 2013.
The problem with this historical ATH is that it was measured by Mt.Gox and this exchange at that time wasn't fully operational.
Their insolvency made selling BTC at that $1242 price impossible.
824  Economy / Speculation / Re: Kraken failing to execute orders?!? on: January 05, 2017, 11:47:53 PM
I don't see any threads on Reddit or twitter feeds which may indicate that there is serious technical problem with Kraken's stability right now.
When exchange is working slow and sloppy it is usually due to overflow of orders, in case of Kraken I think they deserve token of trust for being fair exchange.
If you are worried then withdraw your funds - you shouldn't keep your whole stash in online deposit anyway.

https://twitter.com/krakenfx

https://www.reddit.com/r/Kraken/

EDIT: BTW, This thread ought to be moved to "Exchanges" section...
825  Economy / Speculation / Re: HUGE Drop coming! on: January 05, 2017, 11:30:33 PM
The bubble really seems over now. We can expect one or two more big dumps before people start panic selling and the whole thing crumbles down to 300-500 again.
Yeah bubble is definitely over now, but a drop to 300-500 seems a little too much at this point. I am expecting a crash to around 800s at most and if we are lucky the crash might not go below 900.
I am not convinced that uptrend is now over. As far as I am aware this today's regress was caused by someone who dumped bazillion of BTC on Huobi.
Smaller traders wasted whole day trying to bought out his whole dump. This wasn't actually that bad, because now we might see fresh blood joining the price race.

https://bitcoinwisdom.com/markets/huobi/btccny
826  Economy / Gambling discussion / Re: What Are Your Favorite eSports To Bet On? And Why? on: January 05, 2017, 05:01:26 AM
As for Smite, try https://lp.betway.com/esports_5free. However, I can't vouch for them, as I haven't played there.
I checked this service and it seems that they don't have anything Smite related. At this moment their selection of esport titles consists of:

League of Legends - LPL Spring Split
League of Legends - LMS Spring Split
League of Legends - LCK Spring Split
Dota 2 - ESL One Genting
Starcraft 2 - WESG
Dota 2 - I-League
CS:GO - ESEA Global Challenge
CS:GO - Eleague Major
827  Economy / Gambling discussion / Re: Bitcoin Casino - Players favorite 2017 on: January 05, 2017, 04:48:44 AM
Hi all,

Just completed a research from bitcoin casino players point of view.
We have found out that these are the top three parameters players cares about:

1. Geo location - are they OK to play (by the casino T&C) from the current jurisdiction.?
2. Game - does the casino host their favorite game?
3. Bonus - does the casino hold their favorite type of bonus?

And a list of additional important things players cares about

  • Is the casino licensed
  • Can they play with Mobile
  • Specific additional language
  • Specific game provider
  • Can they also play with real money
  • ...others

I would like to hear your thoughts and advice about the top main three things you believe (or feel as a player) are the most important while joining new Bitcoin casino

Thanks
I am not sure how you completed this poll/survey and find out these answers but from my point of view - and many other gamblers I met online these features are not that important.

- Geo Location - bitcoin gambling don't care about this, if you like some site unreachable from your area you just use VPN.
PrimeDice is blocked in US and Australia and still have plenty of players from these countries.

- Game - now that is obvious and self explanatory

- Bonus - this is a tricky part, usually seasoned gamblers know that most casino bonuses are tailored to bring casino more profit and not favor players.
You can encounter good promo but most people won't pick casino just because they have good promos.

- License - no, license from Curacao or Panama is pretty much not doing much for players and KYC policies of licensed casinos are harsh which could deter player from playing.

- Mobile Frindly Interface - I guess it could be major point for smartphone and tablet users. Personally I don't care.

- Language - No need for that. English is probably the only language people care about while browsing internet anyway.

- Specific game Providers - some users might have preferences here, but for me as long as game is provably fair I don't have a problem with most operators.

- Real Money? - you mean fiat gambling? No, fiat gambling only requires more AML/KYC procedures. We don't need it.
828  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do people still buy ripple when... on: January 05, 2017, 04:29:52 AM
Agreed. BTC real usage ( currency and hedge against fiat devaluation ) is most likely anywhere between 0.1-2% of curent supply. The other 98-99.9% is used for speculation alone. Bitcoin has failed it's purpose, becoming a monetary system. Ofcourse, that doesn't mean people can't make money out of it, for like maximum 3 halvings, bitcoin will still be alive and it will be profitable to make money out of the greater fool. After that, it will become too expensive to mine and a 2-5k $ price, or whatever it will need to cost to keep mining profitable and therefore the network secure, won't be doable, more expensive = harder to pump, and the network hashrate will eventually drop and it will become cheap to attack it.
I think vitalik calculated somewhere on reddit that the curent cost to attack bitcoin would be ~20 million usd if im not mystaken. That being said, i will still buy bitcoins 1 year before the next halving, there's money to be made, short to medium term bitcoin is okay.

I feel that as soon some problematic question about altcoin "X" are asked the best line of defense is always attacking bitcoin.
Give bitcoin a rest, show me a coin which achieved better customer adoption or recognition.
Bitcoin is not ideal cryptocurrency from the technical point of view - but everything created after it, is even worse, because it wasn't created for people - it was created for money.
People say that Satoshi owns shitload of BTC, yes that is true - but he didn't touch any of it...
829  Economy / Gambling discussion / Re: What Are Your Favorite eSports To Bet On? And Why? on: January 05, 2017, 03:11:20 AM
I used to bet on Dota2 in the past (item betting, not bookie bets), but since Valve is no longer supporting gambling, all sites I used to bet my items on are now closed.
Time to switch to real money betting I guess. The game I wanted to bet on is  Smite, but I rarely see any site where this game is included, it is always CsGo, Dota and LoL.
830  Bitcoin / Press / Re: [2017-01-04] Bitcoin is going Bananas on: January 05, 2017, 12:35:55 AM
http://uk.businessinsider.com/bitcoin-price-january-4-2017-2017-1?r=US&IR=T

In the first 24 hours of the new year, over 5 million bitcoins were bought in Chinese yuan, equating to $3.8 billion. In contrast, just 53,000 bitcoins were bought in US dollars.
Network is overloaded and this is the reason my transactions are stuck right now (despite proper fee/size ratio I included)
Bitcoin related services are acting crazy now too: a while ago blockchain.info was down.

Calm down guys, this is not the end of bitcoin rise - 2017 will bring new ATH for sure.
831  Economy / Speculation / Re: Demand > capacity on: January 05, 2017, 12:18:49 AM
Full blocks = bullish  Grin
This is basically true. Bitcoin is gaining popularity at amazing rate.

Network is overloaded like crazy now. Some major services are slow, sluggish or not working at all, like blockchain.info which gives me error: 404 page not found

EDIT: Update on Blockchain.info - service outage was temporary but real (I tested in on multiple devices/browsers) It lasted less than 10 minutes and site is working fine now.

832  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think "iamnotback" really has the" Bitcoin killer"? on: January 05, 2017, 12:09:58 AM
"Bitcoin killer" is another way of saying "innovative coin" and innovation doesn't cut it anymore.  The biggest gains I saw in 2016 were all coins who networked in some capacity, whether it was legal networking or illegal networking.  The technological side of Monero and PotCoin are pretty weak and yet they saw some of the most ROI in 2016.

https://bitcointalk.org/index.php?topic=1732516.0

Monero got into the dark net markets.  Potcoin got users from the cannabis industry.  NEM networked around in Malaysia and Japan and some businesses / banks took them on.

Iamnotback's "Bitcoin killer" is pretty useless and doomed to fail if it's just him trying to push his coin on Bitcointalkers.  Other innovative projects, who don't have networking, are also having hard times and I doubt that'll ever reverse.
At this point isn't everything marketed as "Bitcoin Killer" is pretty much destined to fail?
Since bitcoin inception every single coin was created because developers thought that they grasped the situation and are creating "Bitcoin Killer".
It all started with Litecoin's concept - it was advertised as bigger, faster, better bitcoin.

Where are all those coins now?
833  Economy / Gambling / Re: PRIMEDICE COMPROMISED on: January 04, 2017, 11:35:21 PM
Just as a test and never touched the account but it took me 12 minutes to brute force a btcpop.co account (it had no 2fa engaged)
There is no denying that passwords can be bruteforced and if you managed to do so then the password you used must have been weak.
 Would you be able to crack some of these passwords?


A good password with alphanumerics and symbols would look similar to these:
  • n<GV8YV/L&$K$[b
  • 937/o=92sW/G{5c
  • ~(=0,548_"2"/Ga
  • kZs75Upu]48j?6q
Anyway I don't see that this discussion is leading us somewhere. Stunna claims that this case has nothing to do with PD's security.
convertekk says something competently different - we reached a stalemate here.
834  Economy / Gambling discussion / Re: Gambling investment is zero sum on: January 04, 2017, 10:44:23 PM
Usually when we are talking about gambling investment we mean that our money are used to fuel casino's bankroll, therefore you effectively become the House.
It is as you said,  House needs gain profit and this way House will share its profit with investors. But again it is an investment. You are not collecting accrued interest here.

Players can at some point become very lucky effectively consuming large share of casino's (and yours) bankroll, so you might lose your invested money.
835  Economy / Gambling discussion / Re: How was your luck in 2016.? on: January 04, 2017, 09:50:33 AM
Unfortunately nothing really changed for me. My current win/lose ratio is around 50% - exactly like it used to be for most part in 2016.
I am now waiting for some promos on sportsbet.io (RealMoneyBack Offer) I hope that thanks to them I will recover some of my loses.
836  Economy / Gambling / Re: PRIMEDICE COMPROMISED on: January 04, 2017, 09:41:07 AM
Still no update from Stunna. Should I move this to the Scam Accusations thread in that case ?
Wait for it. I don't think that Stunna will gonna sweep this case under the rug. After couple days without proper response just create another thread is Scam Accusation section.
I would keep this thread in gambling section just for people who (like me) are not checking frequently other sections.
837  Economy / Gambling / Re: REGISTER FOR FREE AND EARN 70 000 SATOSHI! on: January 04, 2017, 09:36:31 AM
PLEASE, I want to know if this offer is still open, thanks..
Your Bitcointalk's account was created in December 2016, only accounts created prior November 12th were eligible to participate in this giveaway to begin with.
So no, unfortunately, this promo described in the op is not valid for you.
838  Economy / Speculation / Re: Bank Interest VS Bitcoin profits on: January 04, 2017, 09:28:08 AM
I introduced a friend to bitcoin in 2016 and he bought 20 bitcoins at $455 somewhere in January 2016. He now sold all of them at $1005 per bitcoin.
Well I guess he can be happy at this time. It is huge gain, more that traditional banking, stocks or obligations could bring you.
But in the end he made a big mistake when he thought that $1005 price per BTC is anything close to final value of bitcoin.
If you don't need FIAT for your life expenses - you shouldn't sell your BTC. Ever.

839  Bitcoin / Bitcoin Discussion / Re: Does any bank accept Bitcoin? on: January 04, 2017, 09:22:47 AM
I am not sure if anyone mentioned this earlier, but Switzerland seems really open minded about Bitcoin and other cryptocurrencies.
They want to be one of the first countries to introduce concept of crypto-bank, financial institution fully focused on digital currencies.
Swiss parliament is working on some pro-blockchain laws. I wouldn't be surprised to see first Swiss Bitcoin bank introduced in 2017.
840  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero exchance centralization... a danger? on: January 04, 2017, 09:16:09 AM
I see some very funny logical contradictions here - you guys are concerned of supposedly fully anonymous coin while trading on a exchange which collect your personal information?
You do realize that Monero was not created for exchange trading at all? If you use this coin to trade in this way then you don't care about coin roots, you just want to profit.
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