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1241  Alternate cryptocurrencies / Altcoin Discussion / Re: To all the ICO founders out there on: November 09, 2018, 01:00:28 PM
Those resources are good for people wanting to launch a somewhat proper ICO, but I think that scammers wouldn't even read it.
Okay, some ICOs just fail due to bad management, but in most cases I reckon that it's just a quick money grab.

It would be better to focus on teaching people not to invest in shady businesses.
Not that that would be easy, people just think that they can make quick and easy money.
1242  Economy / Exchanges / Re: Payment method on: November 09, 2018, 09:36:58 AM
It depends. Do you want to hold the crypto? Or do you want something that would be automatically converted into fiat at the point of sale?

If it's the former, then simply create a separate wallet for your restaurant's payments

There's something else I've found for that, but I'm not sure how trustworthy it is.
Seems like you can also easily accept Bitcoin payments through Coingate, which is a Bitcoin payment terminal that you can just run on Android or IOS.

The benefit of this is that you can also choose to receive payouts with Bitcoin, which isn't possible with Bitpay as far as I know.
They charge zero fees for Bitcoin payouts, as stated on their website.

https://coingate.com/bitcoin-pos
https://coingate.com/accept-bitcoin
1243  Bitcoin / Bitcoin Discussion / Re: Bitcoin on Climate Change on: November 08, 2018, 09:30:47 PM
Seems that there are a lot of topics being created about this, this is like the 5th I've seen in Bitcoin Discussion.

Why are people so quick to point fingers at Bitcoin? It's just ridiculous in my opinion, it's all too easy to just blame Bitcoin for the mistakes of all of mankind.
Okay I may be exaggerating a bit, but that's what it kinda looks like.

How about we focus on switching to cleaner energy sources, so this wouldn't even be an issue.

Yes, technological progress like Bitcoin may contribute to the amount of CO2 being released into the atmosphere, but is it really Bitcoin's fault? (if you can even put blame on an abstract concept like Bitcoin)
Technological progress comes at a cost and I personally think that it's worth it.

Worth destroying the planet over? No, but again, that has nothing to do with Bitcoin...
1244  Economy / Gambling / Re: MyDiceBot - Cross-Platform | Multi-Script-Language | Multi-Site | Multi-Strategy on: November 08, 2018, 12:45:25 PM
Open source dice bot? That's something that we almost never see. I will try it when popular/trusted dice sites is supported, i don't trust 999dice.

GPL license? free for all, how do you plan to make money from it, if you do?

Only donation, but some open-source developer can make a living just from donation. More donation option would be better since that would enable more people to donate.

Wouldn't he also been able to put in affiliate links through the use of those dice sites API?
I mean, I know anyone could just fork it and change those links, but it would be an option or not?

I doubt that he'll make a lot through donations, there have to be better ways to monetize this I reckon.
1245  Alternate cryptocurrencies / Altcoin Discussion / Re: Interesting Site's to check how are some coins doing after their ICO on: November 08, 2018, 12:31:10 PM
ICOstats is pretty interesting, hadn't heard about it, but I've added it to my bookmarks.
Thanks for that! Doesn't happen too often that I come across a website here that I'll actually use.

Good that the info is usefull. (if anyone want's to help me get back to Jr. Member, still in need of a merit :-) )

I had given you a merit before I saw this reply. Keep in mind, if I had seen this, I probably wouldn't have given merit to you.
Really, don't beg for merits, it'll cause people not to give you merit, even if you've made a good post.
1246  Economy / Gambling discussion / Re: Bustadice vs DiceBet Leveraged Investment Returns - Recorded Weekly - 0.6BTC! on: November 08, 2018, 12:07:26 PM
Well everyone this week I got rekt high having leverage on Dice-Bet. A whale came along and although he lost in the end he was up a lot while he was betting. The 50x leverage basically got wiped out, 25x down a lot and 10x down a bit.

I know other investors were sitting on 3x leverage were up as the whale actually lost money. But it looks like more than 3x leverage is way too risky...

Oh dang, looks like you really can't let those high leverage investments sit for such a long time.
Looks very interesting for the short term, but I'm afraid it's too much like actual gambling to risk a big part of your bankroll on it.
1247  Bitcoin / Project Development / Re: [ NEED YOUR OPINION ] Guarantee Fund for investments in Initial Coin Offerings. on: November 08, 2018, 11:51:42 AM
So, basically accept only projects, who have the lowest chance to fail and then from those projects fund will be replenished with money to cover future failed ICOs.


Doesn't that sound a bit like a ponzi scheme? I mean you're relying on getting new projects into this to pay out the losses of previous failed ICOs.
I don't really see why any ICO would participate with this really, they basically have to pay part of the money raised through their ICO and for what?

If their ICO is successful, they won't get their money back from this fund. That's a huge amount of money that's basically missing and it's used to pay for other failed ICOs...
1248  Alternate cryptocurrencies / Altcoin Discussion / Re: Organized crime in bounties... on: November 08, 2018, 11:36:49 AM
They shouldn't be that difficult to detect, if they're using bots for sign-ups etc.
If the campaigns are actually somewhat decent, they can easily figure out the patterns of these bots and just deny them any payouts automatically.

That said, some campaigns just do not care. They're just in it for a quick money grab and they'll just pay out tokens to these bot farms.
Probably because it's cheaper for them than actually trying to fix it.
1249  Economy / Gambling discussion / Re: On what kind of gambling you got maximum reward from betting? on: November 08, 2018, 11:23:05 AM
The biggest payout I've gotten from a single bet was around 4 years ago, by winning a big progressive jackpot on slots.
Bitcoin wasn't nearly worth as much as it is today, but I managed to win around 5 BTC at a Bitcoin casino.

That said, slots really isn't the best option if you want to minimize your losses. You'd be better off playing dice.
1250  Bitcoin / Bitcoin Discussion / Re: French Lawmakers to Lower Cryptocurrency Tax by 6 Percent on: November 08, 2018, 10:55:01 AM
I don't know if this is that positive, I mean the original article states that it will now be taxed the same as other investments (other than real-estate).
Makes you think why it was taxed higher in the first place...

OP, next time post the actual article instead of a website that just points you to the right article.

https://news.bitcoin.com/french-lawmakers-to-lower-cryptocurrency-tax-by-6-percent/
1251  Other / Politics & Society / Re: why facebook or twitter does not use blockchain now? on: November 08, 2018, 10:41:25 AM
When you say that Steemit is a success in social media, I would have to respond that it's really not compared to Facebook and Twitter.
I say that as an avid Steemit user btw, so I very much have a bias in favor of Steemit.

We just have to be realistic here, user retention on Steemit is just abysmal. I think they only retain like 5% of new members, maybe even less than that.
It currently can't even be compared to Facebook or Twitter, since it's completely different.

Steemit is more like Medium currently, you actually need to write full articles if you want to make any sort of income.

Why would these social media giants use blockchain when they're raking in massive amounts of profits as it stands now?
1252  Bitcoin / Bitcoin Discussion / Re: Bitcoin doesnt only consume too much electricity, it destroys the environment on: November 08, 2018, 10:26:12 AM
--snip--


This is one of the serious problems of Bitcoin. The miners exploited too massively and greedy. I've seen a miner's Bitcoin machine. This system can earn its owner a lot of money every month, but the electricity consumption is really terrible, about 30 times the normal people.
This is one of the negative aspects of Bitcoin. I think there should be control over the exploitation of Bitcoin.

First of all, you don't need to copy the entire OP, it's annoying. Especially since you're still at the first page of replies.

Second, can you back those numbers up? It sounds like you're just making stuff up when you say 'but the electricity consumption is really terrible, about 30 times the normal people.'
Why should there be any control over the mining of Bitcoin? That completely defeats the purpose of Bitcoin mining.

You'd want as many people as possible mining Bitcoin, not just a couple of huge corporations.
1253  Bitcoin / Bitcoin Discussion / Re: Quality discussion on: November 06, 2018, 05:47:26 PM
I think it has had an impact more on developed countries, but it will have more of an impact on developing and third-world countries. The internet's reach is expanding and so is the amount of people with smartphones, even in poorer countries. Cryptocurrencies' real-world use is also evolving.

developing/3rd world countries. jumped passed and bypassed the landline fibre optic and are going straight to 5G wireless.
they have for the last few years been deciding to jump passed and bypass btc and are going straight to altcoin

kind of a shame though. bitcoin has just turned into an investment tool for elitists who want to be FIAT rich

This is purely anecdotal of course, but I've also noticed that people from third world countries rather use altcoin than Bitcoin.
Not sure if we can already call Venezuela a third world country, but they're massively represented in many different altcoin communities.

Numerous local exchanges are popping up as well to directly exchange altcoins into fiat, instead of having to convert into Bitcoin first.
1254  Economy / Gambling discussion / Re: Possible Lightning Roulette SCAM ?!?!! on: November 06, 2018, 01:29:37 PM
I don't know it's very difficult to tell just from watching the video.
It definitely does look kinda fishy to me, as though it sometimes kinda sticks to certain numbers.

Everyone in the comment section seems to think it's a scam, not that that proves anything though.
1255  Bitcoin / Project Development / Re: Swapfunds.com - Suggestions? on: November 06, 2018, 12:39:24 PM
Given the name, it would be great for an exchange that did cross-chain atomic swaps.
You already have 'swap' in the name, so that would totally make sense.

Plus, it's something different than your typical exchange or DEX.
1256  Bitcoin / Bitcoin Discussion / Re: It costs less to mine gold than it does to mine Bitcoin on: November 06, 2018, 11:22:48 AM
One thing that they clearly haven't taken into account, is the fact that gold mining causes environmental damage on many other levels as well.
You shouldn't just look at carbon emissions, but also at other forms of pollution caused by gold mining.

In most of the western world, there are pretty strict regulations on how you can mine for gold, but that isn't the case in most of the third world.
There they still use mercury to recover gold, which heavily pollutes the soil.

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5129257/ (Heavy Metal Pollution from Gold Mines: Environmental Effects and Bacterial Strategies for Resistance)

Carbon emissions due to high power consumption is something that should be tackled from the root of the problem. Switch over to greener forms of energy production.
IMO we should really have another look at nuclear energy, since it's currently the most cost effective, safest and cleanest form of energy available.

Sources: https://www.zdnet.com/article/nuclear-less-co2-than-solar-hydro-biomass/
https://www.iaea.org/sites/default/files/publications/magazines/bulletin/bull21-1/21104091117.pdf (Is Solar Power More Dangerous Than Nuclear?)
1257  Economy / Gambling / Re: ★ Crypto-Games.net ★ 4 Years Old ★ 58.000$ wagering contest ★ on: November 05, 2018, 01:04:29 PM
~
Yes, with picking the right coin you can become VIP quite easily. We don't include Play because it's not worth anything, it's just for test purposes or if you run out of faucet.
And 0.00097 BTC is over 6 USD at the moment. Maybe it's not that big of a money for someone, buy it's not nothing (for me at least).

Am I wrong about this? I mean, about the possibility of converting PlayMoney to any currency present on the site.

Aside from @Dogecoinmachine's comment, it should also be noted that you can't actually deposit PLAY into the site.
They do not make any sort of profit from PLAY, they only lose money.

So taking that into account, it makes sense that there just isn't a wagering competition for it.
They pay the wagering contests with profits due to people wagering more to participate in the wagering contests.

Adding a PLAY contest would be a complete net loss for them.
1258  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Steem Monsters Kickstarter is Successful! on: November 05, 2018, 11:16:04 AM
I want to post an update of the profit I've already made from buying into this Kickstarter.

I picked the $50 pledge on the Kickstarter, which gave me the following rewards:



Of the cards I've received, I've already sold the exclusive Legendary Dragon Shin-Lo for $150.



So that's already $100 pure profit and I still have other lower value exclusive cards to sell.
I can't remember what I got from the 25 beta booster packs, but I reckon that I got around $15 worth of cards in there.

I'm also very active on the market, selling around $30 worth of cards per day. I usually buy all the cheap LVL 1 cards and combine then into a higher level card to sell them for a profit.
You can check my collection here: https://peakmonsters.com/@daan/collection
1259  Other / Meta / Re: Merits for posters not making redundant quotes. on: November 03, 2018, 01:45:24 PM
Oh that's been a long standing pet peeve of mine, I really hate it when people quote the entire OP.
Made a post about it here a while back: https://bitcointalk.org/index.php?topic=3092633

Even worse when the OP contains big images  Roll Eyes
1260  Economy / Economics / Re: Banks must adopt new technologies to survive an ongoing “extinction phase” on: November 02, 2018, 10:08:46 PM
They will surely revamp their existing services and integrate the most advanced fintech available just to keep up with the rapid pace of things in this current era. Banks are still a vital part of our socioeconomic lives and even with their outdated systems, they are still taking profits consistently. The move to slowly shift towards the blockchain tech has already begun for some banks, and it's just a matter of time before we see blockchain-powered bank services in the industry which will greatly increase security, reliability and efficiency for the banks.

The thing is that if they start embracing blockchain technology, as you call it, what's to prevent people from just strong everything themselves?
What would you need banks for, if you could just do everything yourself at a fraction of the cost.

Sure, it'll give cryptocurrencies some additional legitimacy, but people would also start to realize that they don't need banks any more.
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