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1221  Economy / Gambling discussion / Re: Features in Crypto Casinos for the Elderly on: February 09, 2023, 09:28:06 AM
I visited an uncle in another city. His birth year was 1960. He has been an avid gambler for a long time and frequently visits brick-and-mortar casinos. He currently wants to test out an crypto casino. He has heard a great deal about it. He did, however, note that despite possessing the cash, he has no knowledge of how to use cryptocurrency for gambling but would really like to. I would like to suggest that crypto casinos put a video tutorial explaining how to use cryptocurrencies for gambling on their website.

What other features would you like to see in crypto casinos for senior citizens?

Well, video tuts/howtos would be great but when you mentioned "casino for the elderly" I somehow imagined big fonts, high contrast color scheme, text-to-speech support stuff like that.  Grin  Actually, many elderly people are gambling online and I haven't heard about any special age-related issues they're having. Many 60-70+ people are are using this forum as well. No problemo.  Cool
1222  Bitcoin / Bitcoin Discussion / Re: Extremely Holding on: February 09, 2023, 09:16:59 AM
If this isn't some extreme form of holding, I wonder what it is then. According to the Twitter handle of Bitcoin Archive, 412Bitcoin worth $9.6m was moved from an address that was dormant for 11years. That means the owner just bought and "forgot" it there. While for some of us who have been holding for the past 3 months, it's seems like a century.This is gentle nudge that if someone has done it then you can(that is, if this is your goal).
How long do you think you can hold?


Many hodlers (including myself) have certain goals they're trying to reach with their stash. Time is not important here. Once my goal is reached, I will cash out a certain portion. Will it happen in 2 years or 10 years? I don't really care!  Cool
1223  Economy / Economics / Re: Is bitcoin inflation wilder than fiat? on: February 09, 2023, 08:59:17 AM
We know Inflation has become a frightening specter in 2023 because of covid and Ukraine and Rusia war. This is related to crypto, I am not sure if crypto price today has grown up in the line without following the fiat. Yes, fiat aka conventional money is the factor we pursue to bitcoin.

Many countries have thought to change currency into bitcoin because the government thinks bitcoin is more related stable than USD. because the reality, USD is not have something great if their foreign policy isn't great in the past. The powerful country is just running their greedy for self-benefit. Now, they begin to turn to bitcoin and look like started to control the bitcoin inflation, so what you think if bitcoin inflation is wilder than fiat?

The first and foremost: with Bitcoin there is NO inflation, because the supply is finite. You can't print or create more Bitcoins. So, I'm not sure about what Bitcoin inflation you're talking here.

Secondly, no countries have and/or are planning to make Bitcoin their national currency. Instead, countries are accepting Bitcoin as legal tender.
1224  Economy / Gambling / Re: Any Lottery players here? Pick 2, Cash 3, Cash 4, Pick 5 numbers in particular. on: February 08, 2023, 12:02:01 AM
I was in the NBA forum and the subject of lottery numbers came up and I didn't want to hijack that forum and didn't see anything lottery related. The discussion came up that numbers are random and there isn't anyway to improve your chances to win and I disagreed.  I believe you can study historical data, patterns and certain numbers follow and hit after certain numbers come out as winners.   I would love to discuss theory with anyone who understands this and have any theories of their own.


Basically, you can win in a lottery draw if:

a) you're extremely lucky
b) you buy a boatload of tickets

I'm not a math guy really, but I guess you can find all the necessary calculations online. You need to buy A LOT of tickets, only then you have a decent chance of winning.
1225  Bitcoin / Mining / Re: Which mining is good to start? on: February 07, 2023, 11:33:48 PM
As a first timer who will engage in crypto mining, in my research and knowledge but I'm not sure if this method is effective for a starter like me.
Intend to buy the following,
* Frame - mining rig frame with screwdriver, 6/8 Gpu miner
                    mining rack rig.
<...>
* Power Supply - EVGA 460w bronze ATX power supply
<...>
What do you think about this I am planning with, is it good or can you suggest me other things?

You started the thread with a post about your intention to mine bitcoin, but did not announce how much you plan to spend, then you could assess the potential for acquiring Asic, as a result it turns out that you just want to try mining and as can be seen from the components, apparently this is mining on video cards, but then why did you choose such a low-power power supply.

But this is your choice if you decide to go this way, you can use the recommendations from NiceHash https://www.nicehash.com/blog/post/how-to-start-mining-bitcoin-in-2022

I'm sorry that I'm a little late in the responses here because I'm reviewing the plan I'm going to make, I'm a little wrong at this point about what I'm planning to buy. But here at nicehash, It seems to be okay and I got interested in this matter. And I think the NVIDIA Tesla A100 mining hardware is the best based on my review on the website you provided.

Quote
Check electricity price on your area and reserve location (e.g. your basement) to host your mining

I have a small stock room and I will put an aircon before I begin to host mining here.


Quote
Antminer S19 XP. If it's not available for you, you can use https://www.asicminervalue.com/efficiency/sha-256 to find Bitcoin/SHA-256 ASIC with good energy efficiency.

Thanks for this I saw and checked all the specification of which is the best to buy.


I have considered to start mining Bitcoin several times in the past. Last time back in ~2019. I came to a conclusion that it would be more profitable to just invest in Bitcoin. You need to run a really big operation, preferably solar powered to at least break even. Geographical location is also extremely important. Cold climate lets you save on cooling (Iceland, Siberia), electricity prices can also differ by a lot. With every halving you need a bigger farm to remain sustainable. The times of a solo miner ir your basement are long over.  Sad
1226  Economy / Gambling discussion / Re: [POLL] Using AI to predict outcomes on: February 07, 2023, 11:01:22 PM
AI will be able to build models that far surpasses any model that a human can build.

I'm pretty sure it will. But no model can predict an outcome of a sports event. Let's for a moment imagine an AI which can read human mind. It would collect all data from coaches, physios, families of the players, their diet from chefs etc etc... it would generate a super precise prediction but it would still be incorrect. Why? There are injuries, talent, luck... they cannot be predicted or compared. I'm really skeptical regarding this.
1227  Bitcoin / Bitcoin Technical Support / Re: The benefit of serving as a node on: February 07, 2023, 08:55:09 PM
I've been learning about the structure of the Bitcoin network, and I'm really curious in how anonymous and decentralized it is. I have a couple parts that are unclear. I hope my questions are valid

-What is the advantages of serving as a node on the bitcoin network for transaction confirmation.


In short: more privacy, more security, verify transactions yourself, removing unnecessary trusted third parties. I'm not mentioning good job you'll be doing by strengthening and decentralizing the network.  Cool
1228  Economy / Web Wallets / Re: Web Browsers begun to have inbuilt Cryptocurrency Wallets on: February 07, 2023, 08:25:37 PM
I'm using Opera browser for quite long time. Suddenly came across the tab Crypto Wallet. This was something unexpected and going through it, we were able to see the option available to create our own wallet. Have anyone came across Web browsers having Crypto Wallet other than Opera and Brave browser. Are these wallets safe?


Well, it's maybe could be used to store some crypto change you use to shop online. Certainly not for your main stash. I personally wouldn't store a single sat in such a wallet. I don't see any advantages if compared to a "normal" software wallet like Electrum.
1229  Economy / Gambling / Re: 🤜 GamblingBro.com 🤛 Honest crypto casino reviews ✅ Tested with real deposits ✅ on: February 06, 2023, 11:34:26 PM
Very nice gambling reviews website. The reviews are pretty good quality and there are some hints and tips for better user experience using a casino being reviewed. Did you consider creating video reviews? That would be cool.

You're not doing paid reviews I reckon? I wonder if you were approached by a representative of some casino you have reviewed with a request to adjust the rating? How would you react?
1230  Economy / Economics / Re: Bank of China ex-advisor calls Beijing to reconsider crypto ban on: February 06, 2023, 11:03:47 PM
Wow that would be big. Uberbullish news for Bitcoin. It would skyrocket into at least $35-40k immediately I guess. Too bad it's mentioned in the article that the guy is just an "ex-advisor" so his opinion is that of a private individual not of a country representative. Anyway, I'm sure China will lift the ban sooner rather than later. Bitcoin can't be stopped.  Cool
1231  Economy / Scam Accusations / Re: bc.game closed my account without reason on: February 06, 2023, 08:41:08 PM
bc.game closed my account without reason

this message appear

Error
Your account is at risk. Please reset your password via email.

ther dont want to open it

they dont respond in emails from me

This is either a phishing email or somebody tried to hack/bruteforce your account. Perhaps you could provide the screenshot of this email? Did you check the sender/email source code? Was it sent from bc.game's server? Have you tried every possible way to contact them? Email? Phone? Live chat? Sometimes even FB or Twitter may work.
1232  Bitcoin / Development & Technical Discussion / Re: NFTs in the Bitcoin blockchain - Ordinal Theory on: February 06, 2023, 07:46:38 PM
Developed by Casey Rodarmor, he built Ordinals to give its users the ability to transfer individual Satoshis between each other by taking advantage of the Taproot upgrade, which can also store NFT data in Taproot script-path spend scripts.

I'm still learning about it by reading and rereading this blog, https://read.pourteaux.xyz/p/illegitimate-bitcoin-transactions

n0nce, pooyah, and others who are technical/high IQ, please ELI-5 for the newbies and the plebs like me. Haha.

Plus what's everyone's opinions/thoughts about Ordinals?

Quote

This handbook is a guide to ordinal theory. Ordinal theory concerns itself with satoshis, giving them individual identities and allowing them to be tracked, transferred, and imbued with meaning.

Satoshis, not bitcoin, are the atomic, native currency of the Bitcoin network. One bitcoin can be sub-divided into 100,000,000 satoshis, but no further.

Ordinal theory does not require a sidechain or token aside from Bitcoin, and can be used without any changes to the Bitcoin network. It works right now.

Ordinal theory imbues satoshis with numismatic value, allowing them to be collected and traded as curios.

Individual satoshis can be inscribed with arbitrary content, creating unique Bitcoin-native digital artifacts that can be held in Bitcoin wallets and transferred using Bitcoin transactions. Inscriptions are as durable, immutable, secure, and decentralized as Bitcoin itself.

https://docs.ordinals.com/introduction.html


Oh noes, please keep that NFT nonsense off Bitcoin network. Puuuuleeeeeeaaaz. I think Ethereum is a perfect blockchain for that NFT crap and they should stay there.  Tongue

I must admit I've read this handbook but I still don't understand why Bitcoin and bitcoiners would need these "ordinals". Humans are collectors is a very vague description. I wouldn't pay 0.5btc for a satoshi, just because somebody called this satoshi "satoshi" or assigned a number to this sat. I'm sorry but that's stupid.
1233  Economy / Economics / Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence. on: February 06, 2023, 08:18:25 AM
There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.

If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.



Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)

With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job.
With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.


I prefer weekly fixed pay. As you mentioned, there are several types of people. I prefer weekly pay as it's a lot easier to plan my expenses this way, you receive your remuneration faster and more regularly, you don't have to wait till the end of the month. Fixed pay is more stable, easier to plan expenses and you can count on a certain amount every time.  Cool
1234  Bitcoin / Bitcoin Discussion / Re: Lost Bitcoin? on: February 06, 2023, 07:48:35 AM
If we want crypto currency to be a currency we have to keep spending right? But at the same time it's something worth keeping too since I do the same with my fiat in bank for more than 2years without touching it. Is it possible to say that Bitcoin in every wallets for the past 2years without moving are considered lost due to death or lost recovery keys? It's pretty hard to believe that anyone won't come back for their Bitcoin after 2years with no activities on the wallet.

Dude, I personally know at least a handful of guys who have been hodling for 5, 8 years and longer. I'm hodling since 2011 myself. I don't think that coins sitting in a wallet untouched for 2 years can be considered lost or abandoned. Of course, there are case of owners forgetting passwords, disk drive failing, owner dying or going missing but these make up a small part of all older wallets/addresses with balance.
1235  Bitcoin / Bitcoin Discussion / Re: Why bitcoiners are not friendly physical? on: February 05, 2023, 09:58:37 PM
I was very happy  to joined bitcointalk. org November 7 2020, but I came to discovered one thing in the community that is making me wondering, if bitcoiners don't trust themselves by seeing themselves face to face like the way church members or Muslim members love themselves by seeing themselves face to face after the service. Going to three years now, am trying to see some of the bitcoiners in my area to discuss with them how to join hands together to promote Bitcoin in the society but they said they prefer discussing it online than see each other physical.
Are they ashame to be a bitcoiners? or they are among the people that think Bitcoin is a scam?
Why Bitcoin users are afraid of see each other physical?

Many bitcoiners are security and privacy conscious and do their best not to break their opsec. For example, after the Ledger leak I couldn't help myself not to look at the leaked db and I found lots of bitcoiners from my area. Also public persons who were anti-bitcoin oriented, turned out to be Bitcoin hodlers too! Can you imagine how surprised I was?  Roll Eyes
1236  Economy / Economics / Re: What do you think will happen if... on: February 05, 2023, 09:44:51 PM
What do you think will happen to crypto if institutional investors all decide to stay away from crypto investment this time around? Do you think crypto can surge of it's own especially Bitcoin without the help of institutional investors money, do not yab me for this question, I am not sure what will happen I only need people's different opinions.

First I'd like to point out that it's impossible as institutional investors always invest in stocks, commodities etc which bring them most profit. As Bitcoin can be profitable, it's protected against inflation etc they will invest. Without any doubt.

But if institutional investors were to dump Bitcoin, it wouldn't have changed anything - countries, retail investors etc would still HODL. Lots of people would actually BUY Bitcoin in case such a black swan event would happen. If 2017 ATH happened thanks to retail investors, 2021 ATH thanks to institutional investors, 2024 ATH will be caused by nations and countries buying Bitcoin.  Cool
1237  Economy / Gambling discussion / Re: [POLL] Using AI to predict outcomes on: February 05, 2023, 09:30:19 PM
ChatGPT is all the rage at the moment. I’ve seen that people are asking it to predict sporting events. Would you leave gambling decisions up to artificial intelligence? Do you see any potential drawbacks for outsourcing your bets to a software program? Has anyone here tried this yet? Do we need someone to put together a thread of ChatGPT predictions to see how accurate they are?  Any other thoughts?

Def no, bots or AI use all data available at the moment to predict the result of the game, but as players are only humans (although highly professional ones) they make errors, they can suffer an injury, withdraw, lose temper and many other things which cannot be predicted by a machine, no matter how perfect.
1238  Economy / Gambling discussion / Re: What are the origins of provably fair technology in gambling? on: February 05, 2023, 12:15:07 AM
Hello everyone.

My first experience with cryptocurrency was with a popular bitcoin faucet known as freebitco.in.

A trusted site for years at this point, they utilize many forms of authentication technology, provable mechanics in all their games (not just the multiply game but on dplay and stuff too), and they are one of if not the largest distributors of free digital gold in the world.

They have a great business model too, especially if it has been running for the amount of time it has.

My question is, does provably fair technology exists specifically because of crypto gambling or is it something else?

I guess provably fair tech is only possible thanks to blockchain so this statement is partially correct. Crypto gambling may or may not exist - it's the blockchain that makes provably fair tech possible imo.
1239  Economy / Speculation / Re: Enough? on: February 04, 2023, 11:54:17 PM
Is 0.1BTC a lot and enough for long-term holding? I calculate my extra income that I use for DCA and I feel like this is the range of BTC I will end up owning on the long run, anything more will put me in a very tight position or maybe I need to upgrade my side job to earn more for investing into Bitcoin. What do you feel about this? 0.1 BTC good enough or not.

Well, I truly believe such amount can make you a millionaire some day. But you'll have to wait (and perhaps it won't happen during your lifetime). No amount is too small. Every satoshi counts.

It's very subjective, you know: it can be a huge amount for some. For some it's just a small investment, but some can go all in for this amount. Without knowing how much you earn, where you live, your net worth, other investments etc you can't say for sure if this is enough for you specifically. 
1240  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: February 04, 2023, 09:41:18 PM
^^^ I am curious to know from where the gas supplies will be sourced. Right now, Azerbaijan is the only source and most of their gas supplies are contracted to Turkey. There are other potential sources and the most important one is Turkemistan. But their gas supply is under long-term contract with China and Turkmenistan is not in a position to antagonize Russia at this point. Iran can be ruled out, due to geopolitical considerations. Then we have some undeveloped deposits in Egypt and Cyprus. But it will take at least a decade to develop these deposits.

The answer is simple - Russia. The "we're not buying Russian gas" narrative has become popular in Europe lately but that's in fact a part of anti-Russian propaganda. Very few countries export their own gas and Russia is one of these countries. Many countries claim they're buying from Norway and the US but in most cases it's the same Russian gas resold by these countries. Also in this post above "Southern Gas Corridor" most probably means Russian gas resold by Turkey.   Grin
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