Bitcoin Forum
May 24, 2024, 04:22:56 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 [42] 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 »
821  Economy / Gambling / Re: Investing in btc casinos on: October 14, 2017, 07:54:03 PM
Investing in a reputable big casino makes sense if:

1. You have at least 1 BTC. Less than that, transaction costs and the fact you may need it means it's not investable. Investment is long term, not short term.
2. Invest what if you did lose you might feel alot of pain but you'd still be solvent. One note: I think the risk of a big dice site running with your coins is extremely minuscule. Seriously, they are risking death doing that.
3. I don't see many big whales anymore. They appear to have gone extinct. So the variance is lower, meaning lower variance.
4. BE CAREFUL NOT TO BE TEMPTED TO DIVEST ON THE SITE SO YOU CAN GAMBLE IT. This is a common pitfall. Some sites allow you to make an account permanently unwagerable. But most for reasons beneficial to them, don't restrict this. If you cannot fight off the occasional urge to use that investment bankroll to gamble, then don't invest.All that will do is give you easier access to flipping coins and losing your principle.
.
This may be the golden age of investing. If BTC is say, $50000 in 5 years, you're doing well right now.Most sites you are gonna get 50-100% annual returns. A Bank CD pays 1% on a shit fiat currency that loses 2-3% a year.


You definitely don't need at least 1 BTC. You can make a profit with any amount, and lots of people don't have an entire Bitcoin.

The risk of a dice site pulling an exit scam and running with everyone's coins is higher than you make it seem to be.

I see whales all the time, you must be on the wrong sites.

#4 is the only one I can agree with you on, I also see it a lot.

Agree ... put 0.1 BTC with 10x leverage and you are like investing 1BTC (but at higher riks of course).

If I would be a whale I would definitely stay in shadows and I think most of them is doing the same.
822  Bitcoin / Hardware wallets / Re: Accessing Expanse on Ledger Nano S on: October 14, 2017, 03:55:44 PM
Can you tell us what error message he receive?

It says "Invalid status 6804.  Check to make sure the right application is selected" when he switched to Expanse on MEW.

Thank you for you help!

Hmm, doesn ring a bell. Had he turned on both "contract data" and "browser support" on his ledger??
823  Other / Beginners & Help / Re: Reading charts on: October 14, 2017, 01:25:04 PM
These are general trading principles. Buy (or download) a book about. I doubt somebody will be able explain them to you here (it would be more than 100 pages post).

Maybe you can try to follow this guy: https://bitcointalk.org/index.php?topic=2223191.0   he's really good in explaining such stuff.

824  Economy / Gambling / Re: Sports Betting Site Question on: October 14, 2017, 01:12:15 PM
onehash offers sports betting but I have no experience with them. Better do some search.
825  Other / Beginners & Help / Re: Best Antminer for Bitcoin miing?? on: October 14, 2017, 09:40:33 AM
What is the price for Antminer S9? Please recommend trustful seller

Buy it directly from bitmain ( now they have S9 and L3+ available with delivery end of Nov.)

If you want to try resellers you should be careful and search for users feedback first ( there is too many scammers).
826  Bitcoin / Hardware wallets / Re: Accessing Expanse on Ledger Nano S on: October 14, 2017, 07:47:13 AM
Can you tell us what error message he receive?
827  Economy / Exchanges / Re: Selling Option In Bittrex? on: October 13, 2017, 11:02:49 PM
Bittrex shows you history of all your trades. Isn't that sufficient? If not then you can try to link you account with cointracking.info.

or try poloniex (another exchange) they have their own pretty neat tracking of your trading history.
828  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How to make a profit from buying hash power from nicehash? on: October 13, 2017, 07:54:12 PM
I think it's about how quick you can react to breaking news (it's like speculation)

e.g. Price of LTC skyrockets (thus mining profitability as well) and if you are able to purchase the hashes before the sellers are able to adjust the price you made a profit.
same for opposite. You see LTC price is going down. Assuming this trend will continue for a while the seller can undervalue his price a bit to ensure someone will buy it ... aka profiting as well.

Just guessing, I have not much experience in this field. 
829  Other / Beginners & Help / Re: Best Antminer for Bitcoin miing?? on: October 13, 2017, 07:28:58 PM
S9 for sure (it's the latest one)

But I feel we should mention that you can also use L3+ (this one is for mining scrypt coins like LTC) or D3  (this one is for mining X11 coins like DASH) to earn BTCs.
When you point these miners to e.g. prohashing or nicehash they will convert mined coins to BTC.
830  Economy / Gambling / Re: Investing in btc casinos on: October 13, 2017, 04:46:18 PM
Is it still profitable to invest in casino bankrolls? And more important for me, is there info did they gave BCH on previous hard fork to investors and how will they proceed in next hard fork in the end of the month.

I think they are profitable ( see my sig.) not much but it's not loss.
As of BCH.
Crypto-games - credited
Kingdice - we could choose whether to withdraw or convert to BTC at price 0.145 (this was actually very nice ratio)
yolodice - asked where to send them
safedice - credited
bitvest - asked where to send them

as of BTCG i don't have any info yet.

From what I read, they credited player balances.

My question is did they do the same and for invested BTC?

Yes this was about "invested balance". Even though invested it's still your balance.
831  Other / Meta / Re: BTT grade status? on: October 13, 2017, 01:47:03 PM
Im being lazy here and search was throwing all sorts of crap but what does one need to do the reach Legendary status. I know its related to activity but by what metrics? thanks

Activity between 775 and 1030.
source: https://bitcointalk.org/index.php?topic=178608.0

Thanks for that. I think they need to update their donator status requirement . 10 BTC :0

Sub-Rank
Description
Tag
Donator:   Manually applied by administration after 10 BTC donation, and gets 5 gold coins under his name
of which the last is half green. 5 coins are shown regardless of post count when user is a Donator.   

You're welcome.

I think when I joined the forum it used to be 50 BTC ... to me it was also huge amount but  believe it or not there is lot of people who can afford it (even these 10 at current BTC price) ...  nevertheless considering the recent price rise it would make sense to lower it a bit (or maybe link to actual rate).

Why are you interested? Thinking of becoming donator ?
Maybe you could open proposal thread in this section.

832  Other / Meta / Re: Signature formatting checker on: October 13, 2017, 01:32:01 PM
I don't think there is dedicated software for this. At least not publicly available ( I assume some sig. creators wrote their own scrip for checking the code ... but why would they share it right?).
What you can do is just put the code in post (this will show you how the signature will appear) but you have to check if the rules are followed manualy (should not be a problem because they are pretty simple ).

Just to add: unlimited length is not exact ... i have read there is actually a limit ( some hundred thousands signs)
833  Other / Meta / Re: BTT grade status? on: October 13, 2017, 01:07:03 PM
Im being lazy here and search was throwing all sorts of crap but what does one need to do the reach Legendary status. I know its related to activity but by what metrics? thanks

Activity between 775 and 1030.
source: https://bitcointalk.org/index.php?topic=178608.0
834  Other / Off-topic / Re: If you die, what will happen with your coins? on: October 13, 2017, 09:39:57 AM
If I die nothing will happen my coins. They will stay on the blockchain, just like they have always been and always will be. Same as your coins and every other of those 21 million Bitcoins.

Have you read the OP? I doubt.


BTT. OP I think what you did is great. Actually I going to do something similar Grin
Thanks for the idea.
835  Other / Meta / Re: Problem with image posting on: October 13, 2017, 09:23:32 AM
Hello guys could you help I want to post images in my post and it shows only url, but not all image, maybe you can tell me where is the problem?

You need to rank up (jr. member or above) to be able to post imgs. Ask higher rank member to quote your post (this will show the img).

recently i did that here: https://bitcointalk.org/index.php?topic=2258147
836  Other / Beginners & Help / Re: Hello, looking for investment opportunity on: October 13, 2017, 08:56:35 AM
Hi, you might try investing in casino bankrolls (see results of my own investments in my signature).
It's long term investment but unlike ICOs you can withdraw your funds anytime (and invest them elsewhere). 

Is it an investment or what your trying to say is try gambling on the site?

It is an investment. I'm trying to say that you can lend your BTC to casino (so they can attract bigger players and make a bigger profits). It's like any other business. Bigger capital brings bigger profits.

FYI: max. possible amount player can win is given by amount of funds casino have (bankroll). To prevent bankrupcy the players can win only small fraction of the bankroll (otherwise some superlucky gambler could ruin them in one game).

You lend your BTC to casino. Now the casino can offer bigger max. win amount and attract more wealthy gamblers (which is obvously their aim).
As a reward the casino will share with you part of their profit.

Wouldnt that kind of system fall over once it got overly popular? Then a lot of people would lose money?
...

I don't hink so. The only way you can lose money here is:
1 - casino run away - Why would casino run away (and risk legal persecutions) when their bussiness model is (and we all know that) profitable?
2 - casino gets hacked - Thats why I'm investing only in established, lontime running casinos (but sure this can happen).
3 - casino is losing in long term. - Due to houseedge this is unprobable. Sure exceptions happens but it's mosty due to bad marketing (unsustainable jackpots ...)

If this system gets overly popular it only means your profits will be smaller (your percentual bankroll share will be reduced) .. but it definitely won't collapse.

I'm not saying it's risk free investment and definitely not putting all my funds into (but thats rule no.1 for every kind of investment).
837  Other / Beginners & Help / Re: Hello, looking for investment opportunity on: October 13, 2017, 08:08:45 AM
Hi, you might try investing in casino bankrolls (see results of my own investments in my signature).
It's long term investment but unlike ICOs you can withdraw your funds anytime (and invest them elsewhere). 

Is it an investment or what your trying to say is try gambling on the site?

It is an investment. I'm trying to say that you can lend your BTC to casino (so they can attract bigger players and make a bigger profits). It's like any other business. Bigger capital brings bigger profits.

FYI: max. possible amount player can win is given by amount of funds casino have (bankroll). To prevent bankrupcy the players can win only small fraction of the bankroll (otherwise some superlucky gambler could ruin them in one game).

You lend your BTC to casino. Now the casino can offer bigger max. win amount and attract more wealthy gamblers (which is obvously their aim).
As a reward the casino will share with you part of their profit.
838  Economy / Exchanges / Re: Kraken to and from Ledger Nano S - Basic questions on: October 12, 2017, 10:27:29 PM
Hi, you plan looks good. My bank charged me around 8 USDs for SEPA transfer (which surprised me) ... but it depends on bank, you migh have it for free.
Othewise everything you wrote is correct. 

Fees are pretty low now ( you can send tx with 60 sat/byte and it gets confirmed soon, but few months ago it used to be around 300 sat/byte or even more if you wanted to confirm it quickly).

Of course you can transfer BTCs from ledger to kraken and if you are skilled and patient you can even do it without any fee.
Such transaction is very limited (max 0.1 BTC, tx size not exceeding certain amount of bytes ...  ( check this post i've came across recently https://bitcointalk.org/index.php?topic=2253864 )
839  Economy / Gambling discussion / Re: What is the best way to quit gambling and start trading?? on: October 12, 2017, 08:36:59 PM
I think problem is: Gambling is about fun but trading is about hard work and if you are not hardworker then you always end up gambling.
840  Economy / Gambling discussion / Re: Did you learn from your gambling mistakes? on: October 12, 2017, 08:32:56 PM
Maybe I'm going through it now. Continue to gamble and gamble with larger deposit than before. Although not to borrow, but this's enough to make me upset with gambling.

I hope you are playing with casino I have invested in  Cheesy   
Losing few times is quite normal, but continuous gambling is serious issue. You should visit some therapy. Or get marry. You won't have time (nor money) for that anymore.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 [42] 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!