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1  Bitcoin / Bitcoin Discussion / What are the best Bitcoin hardware wallets? (Merits for help) on: January 30, 2020, 10:52:45 PM
Hey guys, I'm in the market for a Bitcoin hardware wallet.

I have already taken a look at the;

Ledger Nano Blue, S & X
Trezor One & Model T
CoolWallet S
BC Vault One
ARCHOS Safe-T Mini

Are there any other options I'm missing? I'm probably looking to buy 2 or 3 until I find the one I like most.

Merits for anybody who finds any that I've missed that are available now!
2  Economy / Gambling discussion / Which Casinos Have the Lowest House Edge? on: October 10, 2019, 08:37:16 PM
Hey guys, are there any high quality Bitcoin/altcoin casinos out there that have an extremely low house edge? e.g. 1% of below?

Looking to try out some dice strategies in particular (yes, I know they will never work in the long run), but also looking to play other fun and interesting games that have close to no house edge.

Drop your favs below!
3  Economy / Gambling discussion / Which Online Casino has the Most Fun Games? Recommendations? on: September 19, 2019, 06:20:40 PM
Like many of you, I've been struggling to find genuinely fun games to play at online casinos.

I've already gotten tired of crash type games, so have moved onto quirky card games.

I'm currently having fun playing Bankers Bull at BetHash, but looking to try out some other cool games too.

Any recommendations?
4  Economy / Currency exchange / [H] $150 PayPal [W] BTC on: April 19, 2018, 09:28:22 PM
Hi all,

As the title says, I have $150 PayPal and I want to get $150 BTC worth, open to negotiations on rate

Can send payment as fnf or will pay through invoice generated by you.

N.B Will go first for trusted members and anyone else we shall either use an escrow or you send first upon coming to an agreement

Feel free to leave your offers Wink
5  Bitcoin / Press / [2018-03-10] 75% of $20M Bitcoin Auction from Drug Busts on: March 10, 2018, 05:56:00 PM
Nabbed in conjunction with various administrative, civil, and federal prosecutions, the United States Marshals are preparing to auction over 2,000 bitcoin. The official sale is open to all countries, pending requirements, and will commence March 19th, 8am to 2pm Eastern, for a period of six hours. If successful, it could mean over 50 million USD in bitcoin has been auctioned from the agency in two months.
More Bitcoin to be Auctioned by US Law Enforcement
Asset seizure is managed in the US by its Marshal Service, taking over from the Department of Justice during or after the adjudication of a case. The theory holds property derived from illegal activity should not be allowed to benefit criminals, wrongdoers ultimately, especially when there is a victim involved.

It becomes a lot touchier when what are termed ‘victimless crimes’ emerge, as in many drug cases, and property is claimed by the government even still. In those cases, law enforcement agencies have been able to profit off such auctions. In fact, US Marshals are said to manage close to two and half billion dollars worth of assets in this regard.

And so it is with approximately 2,170 bitcoin set to be auctioned off this month. The coins were seized from a variety of sources: criminal, civil, administrative. To be eligible for the March 19th auction, “potential bidders must complete all registration requirements by noon EDT March 14,” a press release noted. “A $200,000 deposit is required to participate. Deposits will be returned to non-winning bidders.”

Registered bidders only will get a chance to make offers via email. Bitcoin will be served up in chunks or blocks: “two blocks of 500 bitcoins, 11 blocks of 100 bitcoins and one block of approximately 70 bitcoins,” for a total of 14 blocks. The winner will be contacted on the 19th. Right around $25 million is the expected haul, depending upon spot pricing, of course, and respective bids.

War On Drugs Includes Bitcoiners

The Marshals’ auction site lists 20 cases, presumably those from which the present loot of bitcoin derives: 15 of those (75%) are due to the Drug Enforcement Administration (DEA). Pound for pound, the DEA is one of the most controversial law enforcement agencies in the world, even among tough on crime hawks.

Bitcoin has been hot on the DEA’s radar since almost the decentralized currency’s inception. Indeed, it was the principal agency that went after Silk Road. Even one of its agents was eventually prosecuted for stealing bitcoin in conjunction with the case. And as recently as late last year the agency released a 128-page report, National Drug Threat Assessment, which mentioned bitcoin no less than 26 times, and nearly all of that in reference to it being an illicit means of finance.  

This will be the second multi-million dollar bitcoin auction by the US Marshals in as many months. Almost exactly a month prior, the bureau announced it had collected something close to $30 million dollars after an auction of 3,600 bitcoin.

6  Bitcoin / Press / [2018-02-07] What Reasons Are Left to Buy Bitcoin Today? on: February 07, 2018, 04:39:46 PM
There is little doubting why, in the run up to Bitcoin all time high of $20,000, people were entering the cryptocurrency market. There was a promise of massive growth, potentially huge returns on investment, and a story already told of missing out as an early adopter.

People thus flooded the market, entering for all the wrong reasons, really. However, this created a massive spike in interest and a massive spike in price. Things have changed somewhat now, with Bitcoin heading towards $6,000 rather than above $20,000, and this has caused a huge sell off as investors now flood out of the market. But what reasons remain today for people to buy Bitcoin?

Get in for the right reasons
The issue was, with this massive spike in interest, that people were throwing money at something they did not understand in the hopes of making a profit. It sounds familiar because it happened before.

The dotcom boom has predicated around similar happenings. People jumped on the bandwagon, not knowing why, and built a huge market on a flimsy base. Those who are not so technologically inclined may have shunned understanding Bitcoin as a new wave of technology, and used that as an excuse. But then still, as investors, they should at least be savvy with their assets.

Bitcoin is a bad asset
In comparison to stocks and bonds, Bitcoin does not hold much water as a good investment asset, especially when considering long-term capital appreciation. True, Bitcoin has increased its value substantially over time, but it lacks a few other facets.

In stocks, an investor stakes a claim in the company's net assets, and as the value of the company rises over time, so does the equity. In bonds, individuals essentially loan the company money in return for an agreed upon stream of interest income.

Thus, both these options provide future profits and future income and tick the boxes of sound investments. Bitcoin cannot be counted in the same breath as stock and bonds. Having one Bitcoin today does not entitle you to more Bitcoins in the future, nor does it offer the promise of any future cash flow.

Look at the technology
Where Bitcoin shines is as a technology. There are those who are trying to separate Bitcoin and Blockchain are wrong in doing so, but their premise is right; Bitcoin should be heralded for its potential as a technology.

Its use as a decentralized system of money which liberates users from the tyranny and hegemony of the banking system allows for seamless cross-border transfers and disrupts the financial system - these are reasons to celebrate and back Bitcoin.

Hopefully this is a dotcom bubble pop
Bitcoin has been likened to the dotcom bubble burst a number of times, and there is probably merit in it. In the dotcom situation, a technology was being used as an investment opportunity as people rushed in to be a part of the bandwagon.

That foundation of uninformed get rich quick types in the dotcom boom caused the technology to be almost forgotten about as companies changed their names and did all they could to cash in, including buying with debt.

All of these signs have repeated themselves in Bitcoin, and perhaps it is the best thing for it. Those who got into the space for the wrong reasons have quickly gotten out of it. And those who remain, are true to the potential and vision it still has.

Should I buy Bitcoin today?
As old as the adage is, it is worth repeating and highlighting: ‘Don’t buy Bitcoin to become an overnight millionaire.’ The reason this needs to be said again is because it will end badly for the individual and for the currency.

If like the Internet and all its associated powers today, you believe Bitcoin can change the world, then it is worth buying into today- while it is cheap. If, you are out to make a quick buck, leave this space alone.

7  Alternate cryptocurrencies / Altcoin Discussion / [2015-12-17]Skychain to Conquer High-Tech Medicine Cornerstone - Big Data on: December 17, 2017, 11:59:07 PM
As you probably know, startups that combine Blockchain and artificial intelligence technologies are all the rage now. For example, the SingularityNET project, which intends to create a Blockchain ecosystem to host a lot of specialized AI systems, has raised more than $150 mln from almost 10,000 investors via an ICO. Other Blockchain projects that use artificial intelligence raise substantial funding, too.

The rising popularity of such startups is understandable: AI is the future! One of the most promising application areas for artificial intelligence is the healthcare industry, which is why more and more Blockchain-based healthcare AI projects appear. The million dollar question is, is any of them going to succeed?
8  Bitcoin / Press / [2015-12-17] The Most Pointless Cryptocurrency Tokens Ever Invented on: December 17, 2017, 10:00:07 PM
Just as Satoshi’s vision wasn’t 1,000 bitcoin forks, the vision of ethereum founder Vitalik Buterin wasn’t to decentralize the parenting industry. This year, an avalanche of ridiculous ERC20 tokens have been issued that take vaporware to the next level. From bananas on the blockchain to smart contract-based tombstones, these are the most pointless cryptocurrency tokens ever issued.
ICO Alert is a goldmine of ridiculous token-based projects, and by “goldmine” read “excruciating well of despair”. There aren’t enough facepalms to include all of the inane and insane tokenized offerings to be found on its pages. To save you from plummeting down that rabbit hole never to return, we’ve done the dirty work for you and rounded up a small selection from Token Hell.
Read more
9  Bitcoin / Press / [2017-12-16] Cryptocurrency Gets Its Own Comedy In “Bitcoin” – the Movie on: December 17, 2017, 05:06:06 AM
Bitcoin has had plenty of screen time this year, but has yet to grace the silver screen. News segments and the odd documentary, while attesting to bitcoin’s meteoric rise, lack the glamor of a full-length feature. Christian Cashmir is on a mission to set that right with his forthcoming movie, simply titled Bitcoin. The eponymous flick looks like it’s going for the low hanging fruit and obvious laughs based on what plot points have emerged so far.

Armed with 20 guesses, the average bitcoiner would probably venture that a bitcoin comedy might entail a discovered wallet containing millions of dollars in BTC. That’s the precise premise of the Bitcoin movie, which on paper sounds uncannily like the recent bitcoin episode of The Big Bang Theory, in which a similar plot unfolded.
Read more
10  Bitcoin / Press / [2017-12-13]Tax Investigators Raid Bitcoin Exchanges Across India on: December 13, 2017, 01:39:22 PM
Investigators from the income tax department of India have conducted onsite searches at the offices of the country’s top nine bitcoin exchanges early on Wednesday morning.
Government officials told the Indian news agency PTI that multiple teams of detectives from the tax department, under the command of the Bengaluru investigation wing, surveyed the trading venues in Delhi, Bengaluru, Hyderabad, Kochi, and Gurugram.
This action was taken under section 133A of the Indian Income Tax Act for “gathering evidence for establishing the identity of investors and traders, transaction undertaken by them, identity of counter-parties, related bank accounts used, among others,” according to the quoted officials.

The teams of detectives are said to be armed with various financial data and inputs about the workings of the exchanges. Reports called this the first big action against the exchanges operating in the country, suggesting that more is to come.

read more
11  Bitcoin / Press / [2017-12-11] Chicago Exchange crashed by Bitcoin on: December 11, 2017, 09:13:16 AM
The long awaited launch of Chicago Board Options Exchange Bitcoin futures contracts went off with a bang yesterday as the website was knocked offline by a surge in traffic. The first contracts were offered at 18.00 EST on Sunday and an unprecedented demand overwhelmed the exchange.

CBOE Tweeted a status update which said “Due to heavy traffic on our website, visitors to may find that it is performing slower than usual and may at times be temporarily unavailable. All trading systems are operating normally.”
The site outage coincided with a surge in Bitcoin price at the time of launch. According to CoinDesk’s Bitcoin Price Index (BPI) it jumped from $14,509 at 22:59 UTC to $15,732 seven minutes later, 8.4% in a few minutes. Once the initial rush had subsided the CBOE website came back online and contracts started to sell.

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