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1441  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Problem with USDT margin? on: February 12, 2020, 09:47:56 PM
What happened to USDT margin?
In binance its impossible to borrow USDT or BUSD.
Interest rates have raised significately

That's because traders are getting extremely bullish. When interest rates are high or there is no available USDT/BUSD for borrowing, it means traders are borrowing up all the supply to go long.

For rates to come down, longs either need to get shaken out of the market, or more stablecoin supply is needed on the lending side:
https://www.binance.com/en/lending/products?type=flexible
In short, it only means liquidity is drying up. Maybe lenders are finding better places to spend their cash or simply there aren't enough lenders interested to put up cash to provide liquidity. It doesn't automatically mean that market sentiments are suddenly bullish. There's many more things to take into account before being able to say with confidence that the market is bullish. A single lending market lacking liquidity isn't indicative for the entire sector.
1442  Bitcoin / Bitcoin Discussion / Re: Andrew Yang, a Pro-Bitcoin US Presidential Candidate Drops out of the Race on: February 12, 2020, 09:41:14 PM
Andrew Yang was not pro-bitcoin. He was experienced on cryptocurrency but not very liberal. His proposal was to make regulation clear and universal across the U.S. so enterprises would be more likely to invest. One coud argue that no-regulation is better for bitcoin rather than federal level regulation. Yang had said nothing about bitcoin receiving favorable regulation however. As a matter of fact, his tax against automation to fund the UBI might have targeted bitcoin firms over taking banking sector jobs.

Anyway, Yang has said in his latest statements that he would support whoever the democratic candidate would be. In my opinion, other democratic candidates have policies that would indirectly hurt bitcoin. Higher taxes and higher corporate tax for example, decreases the propensity of people to trade in BTC from their income, or any venture to be started. Especially Biden. I've posted more details about which candidate I think is the lesser evil here: https://bitcointalk.org/index.php?topic=5202869.0
1443  Alternate cryptocurrencies / Altcoin Discussion / Re: Partnership Compulsory in new projects life? on: February 12, 2020, 09:33:10 PM
To me, the work behind a certain project is the most important aspect. The ICO boom made it so that many projects were asking for investment even though there had been no work behind them. Words and promises are nothing compared to proven innovation and documentation there to support it. Many projects have failed to fulfill and promise and come close to their goal in spite of having partnerships from early on. I think fundamentals in the supporting documentation and core concepts are more important, along with actual development.
1444  Economy / Services / Re: [OPEN] WOLF.BET Signature Campaign - Hero/Legendary - Up to 0.008 BTC/week! on: February 12, 2020, 10:09:39 AM
Bitcointalk username: alani123
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=121796;sa=summary
Amount of earned merit in the last 120 days: 74
BTC Address: 32kULadbZSQVudWhgs3wwu7z2dVxa4NnkK
1445  Economy / Service Discussion / Re: Overview of Bitcointalk Signature-Ad Campaigns [Last update: 09-Feb-2020] on: February 12, 2020, 10:05:39 AM
Many campaigns lately are requiring participants to post for each term with a minimum amount of posts under a certain section of the forum. Do you think it might be appropriate to add another asterisk to clarify this specific term for such campaigns?
1446  Economy / Speculation / Re: BTC is back with a bang. on: February 11, 2020, 10:21:23 PM
After a massive performance this year BTC crossed 10k mark and went down to 9.5k, right now it's 10297$ guys it seems like BTC is going to bang again.

Guys Just hold your BTC and wait till is year end I personally feel like it will skyrocket again as most of the analyst predict this year will be a brightest year for Bitcoin, hopefully happy days will be back again.
Hold your horses. To me, bug walls and overall support seems pretty thin. This run could die out pretty easily with some more resistance. At least selling pressure doesn't seem to push the price too much down.
1447  Economy / Gambling discussion / Re: IDEA for a lottery that does not depend on luck on: February 11, 2020, 10:16:27 PM
This would be a nice game to lure in players that wouldn't know when to cut their loss. But also having that much control over an outcome just by betting players with lesser funds less likely to win also. It is a bit counter intuitive to bet in such platform
1448  Economy / Speculation / Re: BTC made a move above $10k today due to this? on: February 11, 2020, 10:13:18 PM
Birfknex is a long running and recognizes exchange but their volumes are no doubt inflated. But if anything, with Bitfinex creating Tether' like crazy, they are rather inflating BTC prices other than keeping it down.
1449  Bitcoin / Bitcoin Discussion / Re: Why not we donate some Bitcoin for corona virus? on: February 11, 2020, 10:10:44 PM
I wish the Chinese one party system wouldn't demonstrate such fascist values in the outbreak of a deadly virus. First they sent aid, and then they continue to deny the censorship that even led to this. I don't know how many more disasters the Chinese people could go through to realize that this can't go any more.

I would gladly donate to the cause but knowing the Chinese fov, I don't trust them. I would rather put my money in Hong Kong or Taiwan. Or better yet poorer countries in. the region.
1450  Bitcoin / Bitcoin Discussion / Re: CHINA NEED PRAYERS AND NOT BITCOIN on: February 11, 2020, 10:01:10 PM
China could benefit from aid at the moment and to say otherwise is just foolish. Their own government also denied help TK an extent, but in the mainland LLC officials are so desperate they are stealing shipments of masks that are destined to neighboring provinces... Things are bad in China. If you have a relative or friend affected, ask them how they could be helped. I bet they wouldn't say that you should just pray.
1451  Economy / Gambling discussion / Re: (Bustabit) How often do long streaks of red come? on: February 11, 2020, 09:56:59 PM
I can't understand what do you mean exactly, streaks of red when? Anything above 1.00 is green (1.01 is already profit) and I have never seen 1.00 (immediate crush) to be shown in a row for 15 times and higher, haven't even seen it 2-3 times in a row personally. Will be glad if you make your question more detailed. If you are going to build some strategy, look at bustabit's Leaderboard and check profiles of users you would love to see and there you'll see statistics of them, how much they bet, when, what was the result and etc.
Good luck but in overall strategy isn't very beneficial, luck is luck. You can't get luck by strategy but you can get it by accident.
I was reading through and was wondering the same and you probably said almost what I would. I would just like to add the fact that if you are talking about loosing streak on a expected cashout at 2.00 odds then I can tell you that you may even have bigger streaks than 15 because it's similar to dice and I have seen streaks of 13-14 often at primedice and had a streak of 9 myself not so long ago.

For years, people are researching about how to overcome the continuous losing streaks and unfortunately no one is coming up with any possible solution. It shows, it cannot have any solution but it is the solution for houses to beat us when try to beat them through martingale.
Just how martingale only works if you have unlimited funds, j think that for the sake of clarity we should never involve the law of averages with gambling. Exlecially for the newbies, it must be made clear that their possibilities of their wagers are not connected. Everything else is just fluff.
1452  Economy / Gambling discussion / Re: What p2p games will you play? on: February 11, 2020, 09:54:11 PM

If you have noticed recently there was promotion about the P2P betting site related to binary trading (BETLLER.IO) it was stopped already and I guess only few are playing against each other. I have not see other p2p gambling sites but what sort of games do you think will work for p2p that you think you will play?


I have not seen the site, and I just heard that maybe I will visit later.
my question, what game is the most played on the site?
Focuses exclusively on binary options... It's an interesting take on it as multipliers can rise based on participation, but it's also a downside to depend on user bets for the stakes to be raised. The website also has risk in this transaction, Soni think it would be best to offer a stable multiplier instead. Binary options don't seem to.fair that well with p2p for me.
1453  Economy / Gambling discussion / Re: Gambling Site's Investing (Is it worth it?) on: February 11, 2020, 09:50:34 PM
Hi! Have you ever tried to invest into a gambling site? and my question is, is it worth it? Considering that you will not be a player! but you will be the house (not actually the house but some part of the "house" LOL), Your portion of investment will be part of the gambling website's bankroll and if they win you also win! and if they lose you will also lose.

The downside of it is, if you are going to invest, 2% of your total investment will be the fee (2% on the most of the gambling website that I see). So are you going to try it? It is going to be okay if you consider long term investing but if your motive is for short term, I think not.

Is there any people here have tried it for a long term and does investing on it, is worth it?
Years ago this was really popular and there were threads dedicated to this and it seemed as if it was a good investment option for those looking to increase their bitcoin holdings, but then many sites stopped accepting those investments, to be honest I thought that was no longer possible.

But there is a big issue you will have to hand your coins to someone else with the hope of obtaining more bitcoin in the future and that requires a great deal of trust, so if you decide to invest in the bankroll of a casino make sure it has been in the market for years and that the casino has been paying their investors otherwise you will be taking a huge risk.
There have been instances of old and reputable gambling websites also running away with use funds. It's funny to consider how easy it is for someone to run away with another person's BTC... And yet people still invest in such ventures. The trust issue isn't going TK be solved so easily when it comes to investing in the house.
1454  Economy / Gambling discussion / Re: Tricks and tips for esports betting on: February 10, 2020, 08:25:21 AM
I just don't understand why some people can say that esports betting aren't worth it since it looks like all the games and matches are all 50/50. These words can only came to those that do not follow an esport game.

For me, there is no difference between esports betting and sports betting when it comes to chances of winning. Betting odds aren't just made in order to fail. Esports betting is a growing market.
Well, at least in my experience, match fixing is still said to be an issue with e-Sports. TO be honest, there is a disproportionate amount of matches for how low the stakes can be and how small some teams are. It might seem too intriguing to some new players that their team is now playing on matches that can be bet on, and there have been report sof players fixing their own matches to bet on them... This is easier to be done in esports than other events. Especially so since the rewards for a tournament can be at the level of a per-match salary for real-world sports. In such cases fixing your match might even be more profitable. Also easier to hide since it's a virtual environment.
1455  Bitcoin / Bitcoin Technical Support / Re: I'm considering becoming a full node on: February 09, 2020, 05:37:06 PM
One volunteer a day keeps the 51% attack away right?

It doesn't. 51% has absolutely nothing to do with helping to resist 51% attacks. Since the blocks generated during 51% attack, the ease of executing an attack with 10 nodes is the same as 10,000. Nodes would just accept the rogue blocks since they are still within the protocol rules.

In terms of security, it does help to improve the network's security by potentially make sybil attack harder. For a sybil attack to be executed with a large number or nodes, the attacker needs a lot more resources and nodes to have a chance at executing one.
The more honest full nodes there are on the network, the hardest it is for miners to perform attacks on the network or increase their earnings with malicious practices via Sybil attacks. For example, in a selfish mining attack, the attackers might have higher chances of having their split of a chain being accepted if they had poisoned the network with non-impartial nodes. So in an indirect way, honest nodes help also against mining attacks.
1456  Economy / Gambling discussion / Re: What p2p games will you play? on: February 09, 2020, 04:22:37 PM
I actually thought that Betller had a real go at tapping into the p2p markets, but apparently it didn't fare well.

The main downfall of the majority of p2p betting sites are
a) their lack of liquidity, which means that people can't bet on impulse, which is why traditional casinos are so popular - the house is ALWAYS willing to take on your bet
and b) the house edge is reflected directly in a form of a cut, which people don't seem to like.

Anyhow, combining these two factors means that people with serious money won't ever visit these sites to play. Only games that fully address these two above criteria will ever succeed.
Actually, if only a gambling website could integrate some sort of edge-free p2p game I think it'd have a lot of traction. Of course, this way participants would have to also play some game with a house edge for the site to be feasible. But in a casino featuring many games this could be a nice attraction to attract more players to the main games.
1457  Economy / Gambling discussion / Re: Gambling Site's Investing (Is it worth it?) on: February 09, 2020, 04:16:18 PM
Back when just-dice had a BTC option, and fees weren't as expensive, I was invested in the bankroll for a while.
To be honest, it's far from a standard investment. There's no guarantee it'll remain profitable in the long run. A luck strike by a whale could sweep months of earnings in a single day and vice versa also though. Usually the "tax" from site owners is on withdrawing funds from the balance.
1458  Economy / Gambling discussion / Re: Running an online Bitcoin gambling website on: February 09, 2020, 03:42:20 PM
With crypto, it's possible for you to run different kinds of ventures without it being immediately obvious to the authorities. Ross Ulbricht is a major example... He was running the Silk Road marketplace and was caught working on it in a public library.

The issue is, without a licence, it'd be hard to cash out on the earned BTC as most territories don't permit the authorized running of gambling websites. So unless a form of money laundering was involved, it's be hard to enjoy the earned wealth.
1459  Other / Meta / Re: Policy on users like this guy? on: February 07, 2020, 08:52:39 AM
In my personal opinion, it's good to bring such cases to the spotlight because it's not that much of a clear cut case always.
Copy-pasting content isn't allowed and for sure when all of a user's posts are plagiarized its ban worthy.

But I think that organizations and companies that seek to promote their activities or even build backings CAN have a place in bitcointalk while also contributing positively. Other than ousting them away and being hostile from the beginning, I would recommend that we also try to propose ways for those companies to improve their marketing efforts in this forum.

I'll put my money where my mouth is and try my best to provide some guidelines:

For anyone looking to market a project/publication/website etc. in bitcointalk; DOs and DON'Ts:

NEVER:
  • Create more than one topic about the same thing (article/website/campaign etc.)
  • Create posts (be it topics or replies) that are 100% non-original. Whatever you post, even if your intent is to post a link to content you own, it should include some original content that will fit in the context of bitcointalk. Half-assed attempts to create filler context are also not welcome.
  • Be out of context. Respond to topics of others with out of context replies for promotion is a double sin. 
  • Post in the wrong board. 
  • Create more than one topic for your organization. 
  • Bump your thread more than once every 24h.
  • Provide incentives for others to bump your threads.
  • Promote a referral campaign via bitcointalk posts.

Not strictly forbidden but considered a dick move:
  • Never interacting with the community. If your organization has a marketer on the payroll and he simply re-posts content on bitcointalk without having a grasp of the community, in the worst case it can damage your reputation or in the best case your campaigns will get minimum clicks.*
  • Linking to non-bitcointalk content constantly without giving anything back to the forum
  • Fighting with respected community members over disputed trust ratings (oh boy).
  • Promoting articles inappropriately. The press board should be used for news, and if you're a news publication it should be the only place where you create topics for your articles. Other than that, there are very few topics where the context would permit for an article being promoted as a response, so unless the subject fits 100% and you have exclusive updates, don't do it.
  • Not sticking to your own thread. If you have an Announcement thread for your project/service etc., you should post your press releases and promotions only under it. Unless we're talking about a campaign that'll be running specifically on bitcointalk like signature campaign.

DOs:
  • Running bitcointalk-specific campaigns like Signature/avatar campaigns, raffles, giveaways, contents, bounty campaigns etc. These are guaranteed to capture the interest of bitcointalkers, which are by default experienced with cryptocurrency and a highly specialized crown worth to target with specializedmarketing.
  • Use escrow. Is there money on the table for your campaign? Hire a trusted bitcointalk member to hold it.
  • Familiarize yourself with the trust system and bitcointalk ranks. These are important features to get an understanding of how the forum works.
  • Read the (unofficial) rules and make sure you fall within the guidelines.
  • Hire experienced bitcointalk members to represent you. Using escrow, community managers, coordinators or even advisors that have an established profile in bitcointalk can help you better communicate with the community, without having to spend too much time getting familiar with the details.

* This is especially tricky. If you try to produce makeshift interaction with the community, it has a high likelihood to look forced. But get this, if you came through with some genuinely interesting information exclusive to bitcointalk, it'll also open up the way to your marketing efforts fitting better among your posts. It's ideal to keep a balance between promotion and community interaction, because having your account rifled with only marketing decreases the effectiveness of the campaign in the forum. So, make sure that if you run any campaign in the forum, you'd also be ready to respond to inquiries, address issues forum members can face, etc. What's worthy of huge props would be if high ranking members within an organization are shown to be capable of organic participation in the community. Similar to how Mark Karpelès, manager of the biggest BTC exchange at the time, was capable to browse bitcoin communities daily, interact and crack jokes with simple users whenever he saw an interesting. Before the crash he was an old school cool 'bitcoin CEO'.
1460  Bitcoin / Development & Technical Discussion / Selfish mining and network propagation neutrality on: February 06, 2020, 01:42:00 PM
I'm reading on "selfish mining" recently, and keep seeing a claim that attacks on the node network could increase the profitability of selfish miners.

In one of the most cited papers for selfish mining, authors state that with a Sybil attack, selfish miners could increase their chances of having their block as the one other miners will end up mining on top of by creating fake nodes.

However, several bitcoin supporters including the respected miner developer ckolivas, believe that this isn't something that could apply in a real world scenario so easily. To quote CK himself:

Why is it impossible? All big pools are well connected but one of them might be just slightly better connected then the others.
Moreover selfish mining even increases your relative share of blocks if you have a poor connectivity to the network but a minig power of about 33%.
No such thing. Once the data has left the miner it propagates across the internet at the same rate these days. That's like saying you will shoot a missile after someone else shoots one when you see it and it will arrive first, even though they both travel at the same rate. By the time you've seen it it has already travelled some distance, possibly even all the distance to its targets. It takes a maximum of 200ms to get to anywhere on the internet these days except during network outages and connectivity failures. There is latency involved between one bitcoin node receiving a block and propagating it to another bitcoin node, but no miner is only connected to just one node.

The idea of selfish mining isn't new, it was first discussed in this forum as early as 2010. Makes me wonder if anything has changed since. Are we closer to drawing a conclusion now? And most importantly, because much of all this talk is plain theorization, have the effects of any alleged selfish mining attack that took place in the blockchain been documented?
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