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1521  Economy / Gambling discussion / Re: [Boxing] Figueroa vs Magsayo WBC Interim Featherweight Title (March 4) on: March 05, 2023, 12:04:14 PM

On the other side, Magsayo has been winning and fighting year to year. Absolutely no stopping him! Aside from his one recent loss, his track record is way better. Obviously he is going to win this fight with certainty.

He lost though so he is stop on his track, so both are coming from a lost, and so the winner will obviously bounce back with a big win here.

I would be happy if Magsayo wins this match. He is listed as the underdog, so for us bettors, this is a great opportunity to bet and make a decent return if Magsayo does indeed win.

Same here, I also like Magsayo to win this match.  He badly need to win this fight so that he can have a chance to redeem himself by having a rematch against the champion Vargas. 

I honestly agree with you both. Not only does Magsayo need to win his upcoming fight but he also needs to fix his hurt pride from his last bad match. Its hard to say why he lost but if you ask me, I would qualify that loss as a fluke. That should not have happened.

I also agree with the fact that this fight is really nice pickings for us, the bettors who know and love Magsayo. Of course devotion alone does not win fights but devotion always has roots and a good reason.

No doubt in my mind that Magsayo will redeem himself and give us an easy win with great odds.

1522  Local / Deutsch (German) / Re: KI/ChatGPT verboten in BTC Signatur Kampagnen [Diskussion KI] on: March 04, 2023, 09:17:23 PM
Ihr seid aber alle ziemlich mutig, um die KI so herablassend zu behandeln, muss ich sagen. Tongue Hat keiner von euch Terminator oder Matrix gesehen?  Grin

Aber mal im ernst, ich verstehe gar nicht wie man fortgeschrittene KI texte erkennen soll. Open source KI sind vielleicht leichter zu durchschauen aber wie siehts mit closed source aus? Gibt es schon KI die andere KI durchschauen können?

Theoretisch könnte man mit KI das ganze Forum kaputt machen. Sozial-kommunikative Kompetenz der Poster geht flöten wenn generische KI Posts erstmal die Hälfte der gesamten Posts ausmachen.
1523  Bitcoin / Bitcoin Discussion / Re: Robbery that attacks Bitcoin Holders on: March 03, 2023, 08:41:03 PM
It sounds like the people (criminals) who attacked him knew where and how to find him and how to steal his money. Had the villa owner not been so public about his money, as in bragging openly or flaunting his wealth, perhaps this may never have happened. I do hope that the guy gets his money back and that the criminals are served fair justice. Since there was another witness (wife) that can attest to the identity of the robbers, perhaps there will be justice, after all.

Lets see how this story plays out. Although for some reason, I feel like I have heard this story before. Perhaps it was just a similiar story to this one....
1524  Bitcoin / Bitcoin Discussion / Re: The fruit of greed is never good,, on: March 03, 2023, 08:16:39 PM
Although I think such discussion should not be in the form. However, I shared the story of one of my friends being cheated.

A friend of mine invested some of his savings in Bitcoin. But unfortunately today his personal wallet got hacked. Balance 00. I was telling my friend how that . My friend said he gets a message on Telegram and gets greedy and enters the link they provide and connects his wallet. After a while he came and saw that his balance was zero.

"Sin of Covetousness and Death in Sin" Like my friend, none of you connect wallets by entering any bad links. No one will be deceived like my friend.

I think rather than greed this is a lesson in the consequences of ignorance. DeFi is really not all that hard to master. Before you start, you should do your own research on what is safe and what is not safe. Anyone can easily google this information. It would seem your friend thought he was above worrying about risks. And this is what happens.

Whenever one has the risk to lose money or worse, life/health, then one must always have done their own due dilligence.

Anything else is pure laziness and expecting a good outcome at that point is unrealistic. An expensive lesson was learnt. Undecided
1525  Bitcoin / Bitcoin Discussion / Re: I want to surprise a friend on: March 03, 2023, 08:01:19 PM
Is Bitcoin a perfect birthday present for a 25 years old college student? I want to surprise a friend, he is facing a lot of challenges due to his studies and he likes Bitcoin but can't afford investing money because of his studies since he is sponsoring himself, we've been together since 2011 and his birthday is on 27th of this month, do you think 0.03BTC is a cool present 🎁 for a birthday.

Would you love to accept Bitcoin as a Birthday Gift?

I think that most likely anyone here would tell you that they would have loved to have received a gift of Bitcoin at any age. We are after all, all Bitcoiners here.

But if I had to put aside my Bitcoin fanaticism, I would say that most 25 year olds would love something that goes with the times and is valuable. Bitcoin without doubt fulfills both of those categories. And you yourself will have created another Bitcoiner who helps us push the adoption of BTC along!

I see no negative sides here. Well, other than him losing his money if he foolishly gambles or trades it away. But I am sure a 25 year old has more sense than that.
1526  Economy / Gambling / Re: shame on the stake on: March 03, 2023, 06:45:59 PM
I believe your problem emanated from the fact that you didn't read stakes casino rules.
I personally do not believe this to be a bug, you said that while the casino was still counting down on 7 seconds cash out limit, the score for the game you bet on changed from 10:10 to 10:11, now, you didn't tell us if this change was in your favor or against you. If the change was against you, I think it's normal that cash out would be declined by the game provider.

Responsibility goes both ways. If the bug or whatever you might consider it did play out against his favor, he would have had a right to nullify the losses and get his bet money back.

If a casino denies you your rights (which serious casinos would never do without a good reason) to taking advantage of a bug that sounds only fair to me. Technically anyone using the bug for personal gain could be seen as a hacker/thief.

I do not know why people like to switch the victim and perpetrator roles here.  
You clearly did not understand what I was pointing out to the op, or maybe I am the one who did not understand you properly.

Personally, I have been betting on stake for some time now, and I know that when you bet on a game, and while that game is currently in play, and in the middle, you decide to cash out your bet, there is usually a time limit,(about 7 seconds or so) which the casino must count down to zero before the cashout request is accepted, the rule as I understand is that, the scores of that game must no change while the cashout timer is counting down, if the game scores change, then the cashout request will be rejected.

I believe this is exactly what happened to the op, he clearly stated that while the count down time was on, the game scores changed from 10:10 to 10:11.
I hope this is clear enough.

That seems like quite a complex situation. Did Stake have these kinds of special situation rules written down in their ToS or documentation or something? I think it might be hard for the individual user to be able to pinpoint all the things he can or cannot do and adding to the complexity with rules about special situations like OP's might not help anyone get a clear picture of what or what not is a bug. If it happened to me, I would have thought it a bug as well. I did not know about that 7 second score changing rule either.




[snip]
If a casino denies you your rights (which serious casinos would never do without a good reason) to taking advantage of a bug that sounds only fair to me. Technically anyone using the bug for personal gain could be seen as a hacker/thief.

I do not know why people like to switch the victim and perpetrator roles here.  
I think most reputable casinos have terms and conditions that prohibit players from exploiting bugs or glitches in their software, and violating these terms can result in the suspension or termination of the player's account, as well as the confiscation of any winnings obtained through such means. If a casino denies a player their rights without a good reason, the player has the right to seek recourse through the appropriate channels, such as contacting customer support

I would not call going through any casino-owned channels the correct course, should the casino be the one at fault or not. I doubt anyone guilty will be readily admitting their guilt. Especially with money on the line. If the casino channels are not bringing the results you were hoping for, there are always other ways.
1527  Economy / Gambling / Re: shame on the stake on: March 03, 2023, 08:35:19 AM
I believe your problem emanated from the fact that you didn't read stakes casino rules.
I personally do not believe this to be a bug, you said that while the casino was still counting down on 7 seconds cash out limit, the score for the game you bet on changed from 10:10 to 10:11, now, you didn't tell us if this change was in your favor or against you. If the change was against you, I think it's normal that cash out would be declined by the game provider.

Responsibility goes both ways. If the bug or whatever you might consider it did play out against his favor, he would have had a right to nullify the losses and get his bet money back.

If a casino denies you your rights (which serious casinos would never do without a good reason) to taking advantage of a bug that sounds only fair to me. Technically anyone using the bug for personal gain could be seen as a hacker/thief.

I do not know why people like to switch the victim and perpetrator roles here. 
1528  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 03, 2023, 08:03:24 AM
It would seem that Bitcoin is, once again, dying. I don't know if it can make it this time.  Undecided


She's more machine now, than woman.


But Ben, those lips, can I at least use those lips for my dry lightsaber?


You want to go home and rethink your life, son.

1529  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2023, 07:35:24 PM
Pamp it.


1530  Economy / Gambling discussion / Re: Betting strategy question on: March 02, 2023, 04:24:57 PM
Hypothetical scenario:

You can bet on a single dye roll (choosing a number between 1-6), but if you win you get paid x12 of your stake (instead of x6).
So the Expected Value is positive (see example below), but you'd still have 83% chance of losing.

1 - will you take that bet?
2 - if so, what % of your available funds would you put at stake (i.e. funds you're willing to gamble and afford to lose)?

Again, this is a single, non-repetitive bet.

-----------------------

Simulation for BTC1 bet:

EV = (83% x -BTC1) + (17% x BTC11) = +BTC1.04

Edit: calculation corrected, credit to Saint-loup


Edit2:
A somewhat related video on a subject on unreasonable risk aversion. Good watch and not very long:




I don't think this math checks out unless you have many rolls, not just the one. You cannot really calculate the statistical sum of the profits with a single dye roll. Just like you cannot calculate the average mean with only a single number as that would make the number the average mean itself and calculating it has no point. That just seems a bit silly, to be honest.

There is no need to calculate EV here. Its a one time thing, so either you win or you lose. The chances of winning is around 17%.

I would take the bet with twice the amount as a regular dice game. That seems like a reasonable amount. But I would be wary of betting more, as the large winnings do not have any effect on the probability. Its still the same chance of winning as in a regular dice game.
1531  Economy / Digital goods / Re: Sell a Casino Script | 27 Unique Games | 100 Slot Games on: March 02, 2023, 01:01:08 PM
Is this your own script? Did anyone audit this script? Do you have any public recognition for the authenticity? How do we know this script isn't full of bugs or malicious intent? This post is a reminder to everyone that trust is ok but here we would like some verification before we trust you.

Have you sold scripts before? If not why start now?

Whenever a newbie opens this kind of script selling thread, they always want to "continue talking" on Telegram. Seems strange to me.
1532  Bitcoin / Legal / Re: Bitcoin's age of legal competence on: March 02, 2023, 12:41:25 PM
In my country (Germany) it is not legal to do business with children in the age 0 to 18.

From 0 to 7 it is forbidden, and from 7 to 18 there are some minor differences, But overall and away from everyday life things, in Germany it is not allowed to sell children (age 11, 12, 13) and young people (age 14, 15) bigger things. For example, if I want to sell a television set to a 13 years old person, it is not allowed and I have to give back the money the 13 years old was paying me for the TV set.

In the case a 13 year old is selling me something with Bitcoin, it is easy to handle. I get the TV set back (from my example) back, and I have to pay back the Bitcoin or the money therefor (at the market price).

But my question or my reason to discuss:

If a 13 year old children is mining BTC this is not allowed in Germany. The question of the hour is, not just for Bitcoin - for all POW coins: How to protect chuldren from mining coins? Is there a statistic about how many coins (BTC) were mined by children or persons under 18 years? And how to compensate this unlawful behavior?

Is there a mining protection for children on the Bitcoin core?



its impossible to stop children from mining Bitcoin as that would have to fall under the responsibility of the parents. And lets face it, most parents are not responsible. One thing that the government can do (And does) is reinforce KYC (Know-Your-Customer) identity checks. But that otherwise pointless identity check will not stop the child from selling its Bitcoin. It could sell it in many various ways which the government cannot see or control. It could trade in the coin for an item. So it does not have to be limited to fiat.

So fortunately, these kids will learn the struggle of obtaining Bitcoin and the pain of losing them. If you ask me, I think its best to let life teach them how to handle money.
Every mistake is an educational fee.
1533  Bitcoin / Legal / Re: SEC Chair Gensler confirms "everything other than Bitcoin is a security" on: March 02, 2023, 12:34:09 PM
This is a political issue. The SEC will regulate the entire crypto market, and they do not need bitcoin, because it is possible that bitcoin will have problems. There are a lot of reasons for this, from large consumption of electricity to a threat to national security.
Sometimes even I do not understand how many Chinese, Korean, Russian and other companies first try to comply with the norms of the SEC and then the laws of their countries.

How exactly is the SEC going to regulate the entire crypto market? Do you really believe that that is somehow possible? What about DeFi? How is SEC going to deal with that, or the cryptos which are already considered securities by the SEC itself? I am not going to worry about the SEC. Nothing but hot air and empty threats. They only go after centralized businesses, if they can. Everything else is unenforceable as with current laws.

Enforcing laws fully against crypto would take a global dictatorship. Nothing less.
1534  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2023, 09:11:32 AM

Its not about keeping the WO free of shitposts (an impossible and unnecessary task). Its about teaching the value of self-respect and encouraging others to better themselves rather than take the lazy route.

By rewarding merit farmers, you are teaching them that making a living through bullshitting and sucking up pays off. You actively contribute to their inability to grow as a human being.

+10 WOsMerit


But the money coming in is government pensions.


1 win for me.

I would not call government pensions a win. for example, Ukraine denied their Donbass and Crimean citizens their pensions unless they moved to a part of the country which was not controlled by the Russia-supported Ukrainian rebels (AKA land which is controlled by the current government and those who support it) 8 years ago. Absolutely abandoned old/sick people to fend for themselves or die.

Those people lived in the wrong place at the wrong time and the government denied them their rightfully earned money.

So having your money taken hostage by your government is obviously not a win. No matter how good you think your government is.
1535  Local / Anfänger und Hilfe / Re: Welche Kryptobörse on: March 01, 2023, 11:43:00 AM
Auf jeden Fall ist eine europäische oder sogar deutsche Börse am sichersten (rechtlich gesehen). Also Bitstamp Kraken z.B.

Was meinst du mit "rechtlich gesehen"?
~snip

Ich meine damit dass falls du dich jemals in einem rechtlichen Streit mit einer Krypto Börse befindest, egal um was es geht, so wärst du bei einer deutschen Börse sicher, dass sie sich an dir bereits bekannte Gesetze halten muss. Darüber hinaus wäre es auch kein Problem für den Rechtsstreit einen Anwalt zu finden. Bei ausländischen Börsen wirst du es echt schwer (und teuer) haben, dafür einen geeigneten Anwalt zu finden. Also bei kleineren Geldsummen macht sich da keiner die Mühe. Vor allem in Ländern die viel mit Korruption am hut haben, beißt du dir an deinen Klagen die Zähne raus.

Okay. Danke für deine Rückmeldung. Hatte mir auch schon gedacht, dass du das mit rechtlich gesehen meintest. Aber war mir halt nicht sicher, ob ich richtig gedacht hatte.  Wink

Problem ist natürlich, dass es eigentlich keine richtige Börse in Deutschland gibt. Interessant wird es aber werden, sobald ausländische registrierte Dienstleister mit eine BAfin-Kryptoverwahrlizenz verklagt werden. Dann ist wahrscheinlich der Gerichtsstand auch nicht Deutschland.

Gerne. t'schuldigum dass es erstmal ein paar Jahre gedauert hat. :'D

Ich habe auch bei einer deutschen Börse- Bitcoin.de nachgefragt wie es bei denen rechtlich ausschaut. Alle umgehen eine BaFin Erlaubnis dank eines geregelten bankaufsichtsrechtlichen Loopholes (Ausnahmetatbestand).

Der Begriff heißt Haftungsdach und vorausgesetzt wird eine Börse-Bank Partnerschaft. Wie Bitcoin.de mit Fidor Bank.

Aber bei einer Klage weiß ich auch nicht wie das Ganze aussehen könnte. Aber ich denke, Gerichtsstand wäre Deutschland.
1536  Economy / Gambling / Re: ⚽🎮🎲 Coinplay.com | Brand New Crypto Sportsbook & Casino on: March 01, 2023, 11:33:30 AM
First when casino advertise in this forum, it does not get exposed to only forum members alone, but also other visitors to the forum will also get to notice them also and and getting wider visibility enhances the casino traffic generation and potential revenue increase.
so it makes sense that casinos decide to advertise here as they hope to reach not only those that are part of the forum but all of those that may visit it once in a while.

I have different theories regarding the reason why casinos like to advertise on this forum.

Perhaps they think that anyone willing to invest into cryptocurrencies would be a person who is risky in nature and therefore would make a good gambling cash-cow? I think that might be correct, but only from a certain part of the community. A lot of us understand crypto is not gambling but rather it can be used for gambling. Those are two different things and they should be respected individually as such.

Or perhaps gambling was just one of the very first adopters of cryptocurrency and blockchain, and we as a community have therefore accepted it into our culture for this very reason?

It is really a bit hard to tell without extensive research.
I also believe so, the gambling market has become one of the highest markets for cryptocurrency and ever since the creation of the first coin in 2009 the phase of payment to the online casino has changed and they have widely adopted cryptocurrency since bitcointalk has been the first and only original bitcoin discussion forum, all services that use Bitcoin will like to have a long term promotion here in the forum.
One of the factors behind the rapid development of crypto casinos is the desire of a gambler to remain anonymous. KYC is not required when it joins crypto casino. Deposits may be complicated in fiat gambling sites but in crypto casinos a gambler is able to conduct gambling activities by making quick deposits without any hassles. I personally handled gambling at Bet365. But I had to face a lot of problems to deposit and withdraw ‍on that site. But I haven't gambled at any other fiat currency supported casino since I made my first deposit at Crypto Casino platform. Day by day its scope will be expanded.

Anonymity is not the same thing as privacy. You do not get to be anonymous by any government standard. Because being anonymous means you get to dodge responsibility when you do something wrong. Privacy is the right not to divulge anything about yourself that you wish not to divulge.

No legitimate Casino in this world is going to help you be anonymous. They have regulators breathing down their necks and looking at their hands at all times. Casinos have a duty to weed out bad actors like money launderers, scammers, terrorists and so on.

Just because the KYC is not demanded when you register an account does not mean you will not have to give your KYC on demand, later.

In fact, every legit casino which does not demand KYC on registration mentions this in their Terms Of Service.
1537  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2023, 08:45:43 AM
...

I will be having some vodka tonight.

May as well.  Vodka, potatoes, carbs.. what difference does it make...  




Its got mint and limes in it. How is that vodka? Put the limes back in your purse and drink it pure like a man (who hodls BTC). Tongue
1538  Local / Anfänger und Hilfe / Re: Welche Kryptobörse on: March 01, 2023, 08:27:28 AM
Auf jeden Fall ist eine europäische oder sogar deutsche Börse am sichersten (rechtlich gesehen). Also Bitstamp Kraken z.B.

Was meinst du mit "rechtlich gesehen"?
"Rechtlich gesehen" sollte es vollkommen egal sein ob die Börse in Europa, USA oder Asien betrieben wird.

Wo man aber definitiv Probleme bekommen könnte ist bei der Auszahlung in FIAT und der Überweisung von einer ausländischen Börse. Dort wird die Bank mit großer Wahrscheinlichkeit nachhaken wenn bspw. 10k aus Taiwan auf deinem Konto landen, du zuvor aber niemals Zahlungsverkehr mit Taiwan hattest. Das ist aber generell bei ausländischen Börsen oder abweichenden Beträgen (also Beträgen über deiner normalen Überweisungstätigkeit) so, zumindest im Hintergrund finden hier immer Checks statt.

Ich meine damit dass falls du dich jemals in einem rechtlichen Streit mit einer Krypto Börse befindest, egal um was es geht, so wärst du bei einer deutschen Börse sicher, dass sie sich an dir bereits bekannte Gesetze halten muss. Darüber hinaus wäre es auch kein Problem für den Rechtsstreit einen Anwalt zu finden. Bei ausländischen Börsen wirst du es echt schwer (und teuer) haben, dafür einen geeigneten Anwalt zu finden. Also bei kleineren Geldsummen macht sich da keiner die Mühe. Vor allem in Ländern die viel mit Korruption am hut haben, beißt du dir an deinen Klagen die Zähne raus.
1539  Economy / Gambling discussion / Re: [Boxing]: Shakur Stevenson vs Shuichiro Yoshino April 8 on: February 28, 2023, 06:38:13 PM
^^ I would agree, decent to good opponent for Shakur but I doubt that he can upset Stevenson at this point. So I will have to put Shakur here winning maybe by a knockout or complete domination of the fight.

No offense to the Japanese fighter, he had the belt in Asia, beat Nakatani who gave Teo Lopez all he can handle and also fought Loma in his comeback fight. But that is not enough resume to beat the likes of Shakur right now.

Shuichiro Yoshino is an impressive boxer and I do not doubt that he will give Shakur Stevenson a good fight and maybe even make Shakur sweat nervously a bit. But there is no denying that Shakur is going to be the winner of this upcoming match. Absolutely no doubt in my mind. That is just how good Shakur is. Yoshino is a promising boxer but he does not have the necessary skills and experience to fight against the big dogs.
1540  Bitcoin / Bitcoin Discussion / Re: What is the IMF Qualms With Regulating/ Banning Bitcoin? on: February 28, 2023, 01:16:44 PM
I think the IMF was not ready for Bitcoin and did not expect Bitcoin/other cryptocurrencies to become such a gigantic movement. They were not ready to implement anything which would go outside the current fiat regulatory framework and they are now playing for time while they figure out how to deeper regulate cryptocurrency. And the truth is they have no idea how to and are starting to become desperate.

I doubt that they will find a way to regulate Bitcoin effectively. Perhaps they have realized that and are now hoping on the introduction of CBDCs as some sort of alternative.
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