Did Wetsuit implement a "report" function for the Lottery too or is this only for the free rolls? <A email to encourage people to login to this forum to report their Lottery winnings?>
He said a long time ago that he doesn't think there is any point. With the Free-Roll big wins there is a screenshot of the win and a link to provably fair verifier but that doesn't happen with the lottery. If a newbie account signs up and posts a screenshot of an email that isn't going to convince a bunch of sceptics that are determined not to believe a provably fair lottery. Ok, but why do they have to post a screen shot of the email? Is there not another "report" feature that could be developed to redirect the user to Bitcointalk, with a fixed template that would report their winnings? If the developers of this site, could write code for such a great site, like Freebitco.in, then they should not have a problem doing something like that. The most controversial part of this site is the Lottery, so I would rather focus on reporting "Winnings" of the lottery on public platforms, than reporting on Free-Roll big wins of $200.
|
|
|
So this is just another PayPal <centralized crypto currency> for Facebook users. There is no doubt that this will be successful, because most people trust big corporations like this. The only people who might not use this, would be people who understand the problems with centralized authority and how currencies like this would be controlled by centralized authorities. <Most people do not have a problem with that, if you look at the user base of technologies like PayPal.> We will just have to educate people, before this happens. <Highlight the dangers and disadvantages>
|
|
|
A lot of the replies focus on him being a former Goldman Sachs employee, but I think what is important is that he was a advisor to Donald Trump. So he might paved the way for a GovCoin and that is why he is saying that Bitcoin will not be the global crypto currency.
I think in his advisory capacity to the president, he might have focussed on introducing a new coin to supplement the US Dollar.
|
|
|
LOTTERY ROUND 154 This round, the winner with the lowest number of tickets is #7 with 124 tickets. #1 won 1.30762996 BTC with 2,994 tickets.
You do not see that very often -> #1 won 1.30762996 BTC with 2,994 tickets. I guess the people who has bought the highest amount of tickets, should win more regularly than people with a few tickets like that, but if this is provably fair, then people with low amounts of tickets should also win. <So I am glad to see this> Did Wetsuit implement a "report" function for the Lottery too or is this only for the free rolls? <A email to encourage people to login to this forum to report their Lottery winnings?>
|
|
|
Why are the people from Bitcasino.io so quite, lately? We regularly saw them in this thread, defending their reputation and also clearing up allegations being made against them. Now, they have gone silent?
Rating: 7,9/10 - Review by AskGamblers Rating: 3,4 - Review by WizardofOdds Rating: 7,5/10 - Review by VegasSlotsOnline
Let's get your side of the story?
|
|
|
OP, I am just trying to figure out how this has anything to do with Bitcoin? Could you edit your post and add the relevance to Bitcoin? Two possible links, could be : 1. Bitcoin users and possibly new users are being disadvantaged, because infrastructure that could have been used to "link" people with internet are used to fund wars? 2. The USA are not using their tax money correctly and Bitcoin can be used to make this process more transparent? The public will be able to follow the money, if it was linked to the Blockchain? Let us know, what angle this discussion must take on this.
|
|
|
I would rather trust a hardware wallet that are available 24 hours a day, than sites like Conbase, which is buggy at the worst times. We saw what happens when the price hits a ATH in the previous years. <Sites like this cannot handle the traffic and they go down> Conbase also have strict KYC/AML regulations, so they strip you of your pseudo anonymity.
|
|
|
Bitmain is getting some good competition from the new kid in town, https://www.orionminer.com/ and I hope this will break some of the monopoly that Bitmain has over the supply of mining hardware. We have also seen that large GPU/CPU hardware manufacturers are entering this space too, so Bitmain will be dethroned in the near future, when the big boys are fully operational.
|
|
|
Only the chip creates and controls the private key, it's impossible to export or import the key. The firmware is audited and the chip is highly certified. So the blockchain address is accessible, but the private key is not? If so, there's a flaw in your model, and you've misunderstood how cryptographic keypairs work. There's no way for anyone holding a Tangem Bitcoin note to prove that they own the money at the respective Bitcoin address on each note. How can you prove that the money at these addresses is money sent to the address by Tangem, and not just any random bitcoin blockchain address with 0.01 BTC contained? How can people be sure Tangem didn't use the same address twice, three, four or a hundred times on different notes? Are you going to release videos of Tangem workers sending each transaction to every Tangem note ever made? Will that be enough for people to trust the funds are really unspendable by Tangem, or that you aren't re-using addresses over multiple notes? I have found no information on how they are supposed to work. My guess is that the chip will cryptographically verify its authenticity and it represents some amount of BTC held by Tangem. That would not be very appealing to me but I guess we'll just have to wait and see. If I understand this correctly, the chip within the card can be read by a mobile phone and the mobile phone is connected to their APP which links to the Blockchain. So you are not accessing the companies own ledger, with some tokens linked to the card. You have access to the coins that are linked to the Blockchain. You need a phone with NFC enabled to access the information on the card.
|
|
|
There is really nothing to worry about, when it comes to governments trying to stop Bitcoin. Bitcoin is a global decentralized network, so if your government wants to stop Bitcoin, they will have to stop people from running nodes in other countries, where they have zero jurisdiction.
They can stop centralized wallet providers operating within their country, but you can still use hundreds of other wallet providers and exchanges that are operated in other countries where Bitcoin is legal.
Just make sure, you have the private key to your coins or you might run into troubles, when you want to move those coins.
|
|
|
Let's just get this out of the way first, Bitcoin is currently the strongest network in the world. There are no network that can equal the hashing power that the Bitcoin network has. It is also the fastest growing network out there, so these governments will have to grow at a phenomenal speed to keep up.
So the money and public funds that these governments will have to dump into this, will be astronomical and the gains will be minimal. Once this becomes public knowledge, tax payers will riot, because this money would be better spend on other needs and the price will drop, when investors realize what these governments are doing.
|
|
|
The unfortunate side of this is that people will have to turn to the more shady platforms to trade <Peer-to-peer> anonymously. You can still use these platforms for smaller trades, but it is risky in countries where Bitcoin is being "banned". <Like we saw happening when China temporarily closed the Bitcoin exchanges> I have built up a "trusted" network of friends for these Peer-to-peer trades over time and I can even trade with them, without using escrow services, but newbies will unfortunately not have that privilege.
|
|
|
I think Millennials are more technological driven than the Baby Boomer Generation 1946 - 1964 and Generation X (Baby Bust) 1965 - 1979. The Xennials - 1975 - 1985 might be a bit more technological driven and might fall in the same category as the Millennials. I think many of these Millennials recognized the pitfalls and negativity of investments in the traditional Fiat investments and how corrupt this system has become and they are also seeing how their parents are suffering, because these investments gives small returns over time. They want faster and bigger returns on their investments and something that fits in with their technological background. They also want to be in control of their own destiny and their wealth and Crypto currencies offer them that freedom.
|
|
|
Of course, it's logical that the richest country on the continent is trying to invest more, just because they have money.
I am very sorry to disappoint you, but South Africa is not the richest country on the African continent and has not been for a while now. https://en.wikipedia.org/wiki/List_of_African_countries_by_GDP_(nominal) This is based on the Gross domestic product (GDP) The Economic instability goes hand in hand with the corruption in their government and also political instability. As a investor, I can tell you that other countries in Africa are becoming more stable than South Africa. The crime in South Africa is also getting out of control, with some of the highest murder rates in the world. The racial under tone is also very evident from both Black and White people in that country. Their workforce is also unstable and becoming very expensive, with Unions fighting political battles and strikes being the norm. <even becoming violent> My friends in that country is very concerned with these issues and where things are going in that country.
|
|
|
I had something similar happening to me with a simple Bank transfer between two Banking groups. I bought a car and I transferred the money from my Bank to a Bank within another group of Banks. The Bank said the transfer will take between 24hours to 48hours to be completed. <And here, we get people complaining about confirmations that takes 1 to 4 hours> In the end, the Bank transfer took 52 hours and the Seller nearly cancelled the verbal agreement that we had between us. He thought I was trying to get out of the deal. After a lot of negotiations and begging, I managed to buy the car.
|
|
|
While I agree with you that volatility should not influence the store of value, I would disagree with you that it influences the merchants, when they accept Bitcoin directly. Some people cancel out this disadvantage by using payment processors for any payments that are received, but this is not the perfect solution. <This makes you reliant on third party services that are centralized>
The best way to avoid volatility is for you to change strategy. Take say 20% of all bitcoins received and hoard them and convert the other 80% to fiat, almost immediately to avoid too much volatility.
|
|
|
They will be using the BTC.COM wallet and we know who is behind that, right? Yes you guessed it, Bitmain Technologies. So for the conspiracy theory buffs out there, this one will be a good topic for world domination. Will they also slip in some code to give Chinese users a little advantage over the rest of the world, like they did with the mining? <AsicBoost> They can keep their Bloatware, I will install my own wallet, not connected to Bitmain.
|
|
|
your electricity can be considered "cheap" but at the same time you are forgetting about another electricity consumption and that is for cooling. Africa generally has a hot temperature so depending on where you live you may have to invest in a lot better cooling equipment and also spend a lot of electricity for that. which means your total cost may be higher than others in other countries with the same electricity cost.
what mindrust said above me gave me a nice little idea though! you may be able to buy solar panels and generate some electricity that way since you have a lot of "sun"!
Higher temperatures can be to your advantage, if you want to supplement the cheap electricity with solar power. Also, they have some mountain areas with some very cold temperatures. Mount Kenya is the highest mountain in Kenya and the second-highest in Africa, after Kilimanjaro. The highest peaks of the mountain are Batian (5,199 metres (17,057 ft)), Nelion (5,188 metres (17,021 ft)) and Point Lenana (4,985 metres (16,355 ft)). Source : Wikipedia : https://en.wikipedia.org/wiki/Mount_KenyaSo you have the best of both worlds, if you relocate to these areas. The question is how reliable is the electricity supply in these countries and how safe are some of these countries for Westerners. I think they border Somalia.
|
|
|
I use https://www.bitaddress.org/ to create my own paper wallets. Just make sure that you disconnect from the internet when you create these wallets. The most secure method is when you use a old computer and printer to do this and then not to connect to the internet with that computer to the internet again. <This way nobody can access any information that might have been stored, whilst the addresses were created> The script to do this can be downloaded and run without internet access. Hope this answers your question.
|
|
|
|