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861  Economy / Micro Earnings / Re: Faucet+Dice - 80% 200 Sats; 10% 300 Sats; 10% 100 Sats Every 3 Minutes + DICE! on: July 27, 2015, 04:36:42 AM
i have visited on your faucet, so unique mate

this is greatest faucet ever, without captcha and annoying ads

we can get at least 100 satoshi every 3 minutes, thank you so much Smiley

That is only temporary. Assuming if my faucet gains traffic I will add banners later. For now, there is not enough traffic to put in ads.
862  Economy / Speculation / Re: ETA for the ETF? (and Gemini Exchange speculation) on: July 26, 2015, 11:44:46 PM
Any update on this? Any estimated date of opening for trading? The last 'newsworthy' thing I saw related to Gemini was a dumb ass pic of some donuts on their official instagram page. I don't think there's been anything official for a while. They're certainly taking their time Sad

The latest is that they've been in Monaco per his Twitter. Looks like they're living it up.

Tyler Winklevoss ‏@tylerwinklevoss Jul 22
Au revoir Monaco! Until next time! https://instagram.com/p/5cKUofJOsw/

Tyler Winklevoss ‏@tylerwinklevoss Jul 21
Monaco nights! Who's feeling lucky? @ Casino de Monte-Carlo https://instagram.com/p/5ak4XMpOmQ/

Gemini ‏@GeminiDotCom Jul 23
Summer days #flatiron https://instagram.com/p/5fGHuWhNsS/
1 retweet 0 favorites
863  Economy / Micro Earnings / Re: New bitcoin faucet list I made on: July 26, 2015, 07:08:47 PM
too many list on your faucet list is take a time for opened btw What's the meaning of  RC,RK,SM,AH,NA? good luck with your faucet list and thank you

Hover your mouse over those images it says their meaning.

RC - Recaptcha
SM - solve media
AH - Are you human
etc
864  Other / Beginners & Help / Re: So how is a RANDOM domain with traffic worth? on: July 26, 2015, 07:05:14 PM
Unless the domain name is amazing, the value is usually very low. Even with traffic. The thing with websites today it's more about the content rather than the site name. Bitcoin.com is obviously worth a lot, but mainly it's the content that matters. A site like preev.com is a short TLD but preev doesn't really mean anything or pertain to bitcoin, however it has a lot of traffic because it's a well known converter. Also look at MtGox, it had incredible traffic and value but the name didn't pertain to bitcoin at all.  Basically I'm saying if the content is good enough you can make a domain like vrrrmbitcoin.com popular.
Side note: online domain valuation sites do not hold any ground when trying to sell a site, almost everyone ignores them.
865  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 26, 2015, 06:25:23 PM
FYI....The next target is not $300 it is actually ~$315 to complete the handle, anything less will not complete the pattern.

Agreed, but even if we don't break it on this little upswing and drop a bit this coming week we can still be okay as long as we stay above $270. If it takes some time to get over $315 that's fine as long as overall trend stays positive.
866  Bitcoin / Project Development / Re: Reverse Dice on: July 26, 2015, 05:36:23 PM
Provably fair means the bet is set in stone on the server side before the user places there's and it is not changed. Using a hash of the outcome upfront proves that the bet was not changed based on the users input. Especially in a design like this, it can not be 100% random.

Can a provably fair implementation be worked into a computer that works more like AI?

I don't think so.

OP please note with seriousness that a lot of people are waiting for the lunch of this great innovations.

Only if it's provably fair.

I think this is going to have to go on the back burner for a while.

It would have to be AI in this type of design since the computer is acting as the gambler and the user is only acting as the bankroll and they get to choose the outcome of each roll. If it were 100% random, the user would just select 47 or some other middle number every single time so that the multiplier would always be low for the AI gambler.

If people think AI is not provably fair because it's not random, even though the computer chooses it's bet BEFORE the user and it's hashed to prove it hasn't been changed, then there's no point in launching. I'm not looking to get labeled as a scammer so if there's any question to the fairness of the current prototype I posted I will not move forward.
867  Bitcoin / Project Development / Re: Reverse Dice on: July 26, 2015, 01:50:53 PM
Your concept in the OP would be heavily sided towards the user, i.e. +EV. No sane gambling site would implement this unfortunately.

Here's the thing: A rational user will never place their choice of dice roll, say, below 45 or above 55. Doing this immediately makes any bet made by the site that aims for below 45 or above 55 obsolete. Yes, bets by the computer of say above 30 will still occur. But this means that any bet made by the computer of below 45 or above 55 will always result in a loss. At this point you may say that, with the above/below modifier, it's still going to be a 50% chance of winning/losing. The thing with this, is that the computer is likely to make, due to it's completely random calculations, a large variety of bets, not just bets with 50/50 chances. I'm not going to code a simulation for this at this time, but at the end of the day something like this will probably end +EV for the user.

What if the computer is more AI and not making random bets but instead behave like a gambler would on any other site? If they see the roll keeps coming up between 45 & 55 then it will pick a target within that range so that it always wins.

The design described by your OP would already be somewhat hard to implement with provable fairness, though it may still be possible. Having a kind of "AI" would negate this and make any kind of provable fairness impossible, as you are now leaving the choice of the computer 100% down to itself rather than from a provably fair source.

Provably fair means the bet is set in stone on the server side before the user places there's and it is not changed. Using a hash of the outcome upfront proves that the bet was not changed based on the users input. Especially in a design like this, it can not be 100% random.
868  Economy / Micro Earnings / Re: Faucet+Dice - 80% 200 Sats; 10% 300 Sats; 10% 100 Sats Every 3 Minutes + DICE! on: July 26, 2015, 01:46:31 PM
Sorry but, without captcha and without banner ads, how you can send a satoshi for users? LAter launch add the banner?

Correct. Currently funded 100% out of my pocket. If it catches on and I get enough consistent traffic I will add some banner ads.

where is referral program?

I didn't think of that but it would be simple to code. I'll look into adding one this week.  Thanks!
869  Economy / Micro Earnings / Re: Faucet+Dice - 80% 200 Sats; 10% 300 Sats; 10% 100 Sats Every 3 Minutes + DICE! on: July 26, 2015, 05:51:37 AM
different faucet concept, so great and nice
faucet with dice concept the rewards nice too
thank you i will claim satoshis there every 3 minutes Wink

Thanks Faeyza, I just dropped a little extra into your balance Wink
870  Economy / Speculation / Re: Panic sellers and non-holders beware: This could be you in the future. on: July 26, 2015, 01:52:48 AM

We will know we are at the bottom when someone writes that again. Yet right now instead we see people like you writing the opposite, that is why the CONFIDENCE still has to break and we still need to...


We saw a lot of posts like that just a few months ago. 18 months of a bear market was just too much for some people. The bottom has occurred IMO, and it's the beginning of a new bull ride. Things should get interesting!
871  Economy / Lending / Re: 0.05 Loan - #1 loan on: July 26, 2015, 01:08:49 AM
A newbie account with a -4 trust rating. Are you going for a record? Your negative trust is almost higher than your activity! I'm going to let you in on a secret... no one is going to lend to you. Sorry!
872  Bitcoin / Bitcoin Discussion / Re: so, whos buying? on: July 26, 2015, 12:39:18 AM
Most people don't spend their Bitcoin because they view it as an investment, and don't want to lose future value. Once this goes live, people will finally be able to spend their Bitcoins on other investments, and can continue to see their value grow without being forced to hold.

I have no intention of giving away my precious BTC for a dime-a-dozen stock. Unless it's a share of Berkshire-Hathaway  Cheesy Cheesy
873  Economy / Speculation / Re: Launch pad? on: July 26, 2015, 12:35:26 AM
Voted yes. But how much do we have to go up in order to define it as a "launch". New ATH? Or is up to the mid 300's acceptable?
Long term I'm bullish as always, short term I do not know, but things feel pretty optimistic.
874  Economy / Micro Earnings / Re: Faucet+Dice - 80% 200 Sats; 10% 300 Sats; 10% 100 Sats Every 3 Minutes + DICE! on: July 26, 2015, 12:09:05 AM
In order to try the service like faucet concept I don't like to register account. After I like to withdraw money if you ask to register then OK. In the beginning if you ask for registration you may loose many users think about it.

Due to the dice feature I need to require registration. I don't require an email or verification, so your login could just be asdf 1234 if you want. If I only asked for a BTC address like other faucets and didn't require registration then others could wager your balance on your behalf causing you to lose all your funds.
I'd rather lose some users instead of lose their funds.
875  Economy / Micro Earnings / Re: Faucet+Dice - 80% 200 Sats; 10% 300 Sats; 10% 100 Sats Every 10 Minutes + DICE! on: July 25, 2015, 10:34:40 PM
nice faucet concept and i can play dice for free. maybe you need decrease a timer because faucet in dice game between range 2-5 minutes per claim

Done.
Thanks for your input, changed to 3 minute wait between claims.

nice and thank you. did you plan to insert menu deposit too ? maybe you have plan want make dice gambling site but basically you use way faucet first for announcement your dice game site. good luck Wink

No, I do not plan to add a deposit function. I'm rather open as to my real identity if you check whois or goto my twitter or youtube etc. Operating an online gambling site comes with risk and I don't want any men in blacksuits knocking on my door if you know what I mean Wink  If I do it this way with just faucet earnings it's only a number in a database you are gambling with; it's not actual bitcoin until you cash out.
876  Economy / Micro Earnings / Re: Faucet+Dice - 80% 200 Sats; 10% 300 Sats; 10% 100 Sats Every 10 Minutes + DICE! on: July 25, 2015, 10:20:18 PM
nice faucet concept and i can play dice for free. maybe you need decrease a timer because faucet in dice game between range 2-5 minutes per claim

Done.
Thanks for your input, changed to 3 minute wait between claims.
877  Economy / Service Announcements / Re: Cryptosteel: The Ultimate Cold Wallet Private Key Storage System on: July 25, 2015, 09:51:41 PM
Thanks for the email update today! I'm glad you guys are staying on top of everything and keeping us updated even though there's been a delay with production. I almost forgot I bought one, haha! Anyways I wish you guys luck and I look forward to receiving the final product!
878  Bitcoin / Bitcoin Discussion / Re: Mike Tyson bitcoin ATM on twitter on: July 25, 2015, 09:44:36 PM
What is more significant price wise? Bill Gates buying more BTC for his foundation (a guy from the technology area investing) or Mike Tyson opening his own ATM (a more mainstream celeb investing)?

I'd definitely say Bill Gates. They both have a large amount of followers, however Bill Gates has more influence over people with more of a tech and investment background. I'd imagine most people that follow Mike Tyson are not techies or investors. Since bitcoin makes sense to more people with a tech or financial background I'd say Bill Gates is a more significant supporter.
879  Economy / Micro Earnings / Faucet+Dice :: Closing Sept 26th 2015 on: July 25, 2015, 09:35:21 PM
Here's an original faucet dice site that I made from scratch.

Claim every 10 minutes 3 minutes, and play dice with your funds while you wait!
Rewards:
80% - 200 Satoshis
10% - 100 Satoshis
10% - 300 Satoshis

UPDATE: 7/29/15 - Dice is now provably fair!

UPDATE: 8/1/15 - Faucet+Dice has been moved to http://coinables.website
Existing accounts and balances have been migrated.
Added a referral program. Receive 50% commission for every claim on users you refer!

UPDATE: 8/28/15 - Added a FaucetBox version so that you don't have to register and you can cashout immediately.
9/2/15: Referral commission for the faucetbox version has been upped to 100%  (http://coinables.website/faucetbox)  The original non-faucetbox version is still 50% commission.

Faucet+Dice is shutting down.
The site will close on September 26th 2015. We would like to thank our members for their support over the last
two months but we regret that we must close operations. If you enjoyed this site, please follow us to our new project http://dailysatoshis.com




http://coinables.website





880  Economy / Speculation / Re: How much do you think 1 Bitcoin will be worth in 2020? on: July 25, 2015, 09:06:14 PM
Since no one has posted it yet:

YEARSBLOCK REWARDCOINS DISTRIBUTEDTOTAL DISTRIBUTED
2009-201250210,000 blocks = 10,500,00010,500,000
2012-201625210,000 blocks = 5,250,00015,750,000
2016-202012.5210,000 blocks = 2,625,00018,375,000
2020-20246.25210,000 blocks = 1,312,50019,687,500
2024-20283.125210,000 blocks = 656,25020,343,750
2028-20321.5625210,000 blocks = 328,12520,671,875
2032-20360.78125210,000 blocks = 164,062.520,835,937.5
2036-20400.390625210,000 blocks = 82,031.2520,917,968.75

I think the rewards and distribution is a good thing to look at when speculating about the longer term.
Not sure what the price will be in 2020. But I know if you can hold onto your stash until the 2030's when rewards really fall and total distribution is over 20 million coins you should be in a good position Wink
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