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501  Bitcoin / Bitcoin Discussion / Re: Should altcoins be blamed? on: December 02, 2023, 07:09:37 PM
You can’t blame alts for the losses you suffered. Eth used to be a small altcoin too but look how it did. Some of those alts will become like eth in the future. The problem is, how are we going to identify them good projects? The first time I saw eth, it was $9. People made fun of it, called it a shitcoin. Me too did the same thing. But eth didn’t go away. It went up and up and up along with btc. People buy alts to find the next eth. It is not an easy task since most of those alts fail lately however, a wise man once said:

“You can never win if you buy no tickets.”
502  Other / Meta / Re: Mixers to be banned on: December 02, 2023, 01:59:18 PM
Governments are good at cutting off the heads of a centrally controlled networks like Napster mixers, but pure P2P networks like Gnutella and Tor Monero seem to be holding their own.

When they ban XMR-like coins from every FIAT gate in existence, XMR will go back to where btc was at in 2009.

Irwin Allen Schiff, John McAffee, Al Capone all went against the government and they all ended up in jail. You don't fuck with the government.
503  Bitcoin / Bitcoin Discussion / Re: Do you see individual satoshi becoming valuable? on: December 02, 2023, 07:56:24 AM
With these mining fees? Hard to tell. Even if they somehow become valuable, you won’t be able to move them probably. (Unless they are on lightning network but this is another topic) Right now the miner fees are pretty damn high. You need to pay like $5 to move your funds in a reasonable time and imo you should be moving at least $1000 to make that tx fee worthwhile. Otherwise legacy banking is cheaper and faster. (Sadly) Ordinals/nft’s should he rolled back imo. Btc was fine before that update.
504  Other / Meta / Re: Mixers to be banned on: December 01, 2023, 05:29:39 PM
This is how a government attack looks like and all that time we thought that bitcoin would survive any gov attacks bla bla bla well... they didn't even put any effort. Imagine what would happen when they ban anything crypto related. Mega fireworks
505  Other / Meta / Re: Mixers to be banned on: December 01, 2023, 04:52:19 PM

There is a high chance that account FIODNederland is legit because: The account was created 2.5 hours before fiod.nl published this article, and posted about it 6 minutes after publication. [Quote from archived post, posted by LoyceV]

They probably paid the membership fee to post that damn pic lmao

Otherwise they'd look like noobs  Grin

Another thing is, Vod might be right. (he specifically said that this community is being observed for a long time)  The Feds are among us

At this point the forum may not survive for long just sayin

  This community has been under the radar for quit a while, and I know places (like stake.com and nonakip's employer) are going to be taken down by the criminal investigation that follows.

R.I.P stake.com is next.
506  Other / Meta / Re: Mixers to be banned on: December 01, 2023, 04:46:56 PM
I don't know a casino that's completely KYC free anymore. freebitco.in used to be one but they even get to them so, they will indeed ask for your papers when the gov wants it from them. Mixers on the other hand weren't doing any KYC for the obvious reasons. Casinos will survive this mess probably since it is not really different than selling domains online... They sell entertainment. If the casinos also go down, then no legitimate business can sell any products for bitcoins... and just like that crypto dies.
507  Economy / Exchanges / Re: Ronaldo Faces $1 Billion Class Action Lawsuit For Promoting Binance!! on: December 01, 2023, 04:42:14 PM
Mixers are going down, Ronaldo is geting a lawsuit for promoting binance, CZ was found guilty... Something is on the move and that something ain't a friend of crypto that's for sure. Everything is happening at the same time for some reason. Ronaldo won't pay shit probably but these news has another purpose. They are spooking the crypto investors. The message is: "if you promote crypto, you may get punished by the authorities".

Maybe the SEC will indeed approve the bitcoin ETF but they want crypto to be just like another gov asset before they do that. "Under control"
508  Other / Meta / Re: Mixers to be banned on: December 01, 2023, 12:11:06 PM
First Chipmixer then the other one (forgot the name) and now Sinbad is going down. I knew they weren't gonna let that shit go. It is official now, you cannot stay anonymous on the internet or anywhere else.

Be glad that you can still own assets, for now.

By 2030, no privacy, no private assets.

having more exchanges that just do BTC->XMR advertised.

XMR's days are also numbered imo
509  Economy / Gambling discussion / Re: Why sports betting? on: November 30, 2023, 02:14:35 PM
Moreover, I like to know if you really believe you can win in sports betting in the long run, or you just really think no chance because every game can be win by luck, sports betting is not exemption.

You can definitely be a winner in the long run if you follow a certain strategy but the big question here, is it worth it?

You need to know everything about the team (and their opponent) you are betting on and having the knowledge isn't enough. You need to know how to make use of that information. You need to spend years to come up with a successful formula but if you work that much you can be successful at any business.

It is probably more rewarding to start your own business instead of focusing on gambling.
510  Other / Archival / Re: Wearing Bitcoin Clothing in Public on: November 29, 2023, 06:02:42 PM
Don't do it. It will gather unnecessary attention on you. Especially criminals might make a target out of you. Even if you don't have big amounts in crypto, you may go through some unpleasant events. The police may also see you differently. There was a story years ago, a dude was wearing a btc hat or smth and the airport police questioned him because of it. Why take a risk like that? You don't need to prove anything to anybody. Be modest.
511  Economy / Gambling discussion / Re: Who says you can't be a millionaire in sports betting? on: November 29, 2023, 01:31:01 PM
People say “you can’t win in the long run”. There is a big difference in saying “you can’t win” and “you can’t win in the long run.” Also you show this betslip like everyone can do it which is not true obviously.

Is it possible to get rich from gambling? Sure it is, if you are lucky like this guy.
Is gambling a job which can create you a reliable income? No it is not.

Lucky people win the lottery too. Does that mean everyone can get rich if they buy a few lottery tickets?
512  Economy / Trading Discussion / Re: Do we need to have a stop loss if we are 100% positive about a trade? on: November 29, 2023, 11:29:45 AM
Definitely not. If you are sure of the asset you are buying, why sell? You just need to buy more when it goes down. The more it falls, the more you buy. Actually in this case it is even better if the asset’s price is dropping because you can buy more for a cheaper price.

Let’s say you are in the real estate business and you have $10 million but no homes. Each house costs a million usd and you can buy 10 houses. After you bought your second home the prices took a nosedive and now each house costs $800k. That means you can buy 10 more houses with the remaining funds if yours ($8 mil).
513  Bitcoin / Bitcoin Discussion / Re: The Authorities Are Not Smart Enough to Do This on: November 28, 2023, 03:48:49 PM
Bitcoin doesn't care either way. The authorities might ban bitcoin completely and btc will still find a way to survive. Not on a corporate level however p2p transactions can't be banned completely.  I don't agree with your other points where you think bitcoin is the solution to your country's problems. Yes printing FIAT out of thin air is a big problem but switching to bitcoin won't solve the problems automatically. People should change first. Unless people stop being greedy and stupid, bitcoin can't help countries. Building a better education system is a great start.
514  Economy / Gambling discussion / Re: Not this guy on: November 28, 2023, 02:17:35 PM
There is some certain amount of money that you will lose and you will be so pissed and probably quit, but not this guy.
I've been talking a lot about how people should learn to be a responsible gambler but there is a crazy gambler that I just meet, from a friends friend, the crazy thing about this person is how about how much he has lost in gambling, enough to go south in the ear of others and he has never made any big gains to cover what he has lost, the crazy part is...
This guy is giving me a weird vibe, like a different gambling breed, he knows he have the gambling addiction problem but he just doesn't care, like for real, he doesn't care, the amount he has lost is in six figures but very weird how he is able to handle it.
Some gamblers are different breed to be honest, they don't care about what their present situation is, if they are breathing they are good, anyone know crazy gambler who don't care if they lose big amount of money and they still gamble?
I've get to know that not all gamblers need to be a responsible gambler, some knows, they are not hypnotized by gambling, they are fully awake and they still choose to be a reckless gambler.

You can't know what is really going on in his head. People you mentioned sometimes do something very extraordinary when other people least expect it. Everything looks and sounds OK on the outside but one day, they wake up from the bed and... something ugly happens. (I'll leave this part to your imagination)

It might me that they don't really give a damn about the money they lost. That happens too. Especially if their parents are alive. These people know that their ass is covered no matter what they do.

Either way, it is their life and you shouldn't think too much about it. You should focus on yours.
515  Economy / Gambling discussion / Re: Gambling are mainly for rich and lucky mind. on: November 28, 2023, 02:11:06 PM
It is obvious that no good thing that come easy and when you are not lucky in gambling you are not lucky and a lucky person in everything he tries might still be a lucky person on gambling because i dont see what you know you do consistently and is not favourable to you yet you are still in it, that is stupidity to a reasonable man and even if your taking it to be for funs but definitely you are spending carelessly on it and truly the mindset of a gambler is to get not to loose and on a casino game a real gambler must wisely have a plan and adhere on rules to actualize it target and rich gamblers stake high in a low game which is possible to win but does not get addicted  because he analyse and strategize before staking so if it is not favourable to you does not mean is not favourable to some lucky persons and these are the mindset of rich person(mind)not of the poor person (mind).

Just like smoking and drinking alcohol, gambling is an harmless act as long as you don't get addicted to it. Most rich people aware of it and that's why we don't hear them losing their life savings to gambling very often. They only gamble to have fun. Those poor people on the other hand. They fuck everything up. They get addicted to anything.

They drink too much, they smoke too much, they play too much. You just don't show them something fun. They will kill it along with themselves. Poor people are hungry and hungry people eat till their belly explode.
516  Other / Meta / Re: DT1 and DT2 Explained - Gods of Bitcointalk on: November 27, 2023, 03:55:18 PM
I like to think of myself as The Fallen Angel (and dammit, that's what I ought to have changed my username to) rather than some kind of lesser god.  

I am not sure if that's really what you want. Fallen or not, the prerequisite for being an angel is somewhat...

Here are some known angels of the forum:

1- Hal Finney (The Archangel)
2- TECSHARE
3- Becky666
...

(r.i.p.)
517  Economy / Services / Re: Jack's Club Exclusive Bitcointalk Review Campaign on: November 27, 2023, 02:51:46 PM
Here is my review:

Quote
The website has a clear design. The troll-box is on the right, the wallet is on the top, the games are in the middle of the page. The current minimum deposit is 0.00082337 which equals to $30.88 according to preev.com's calculations. I see that this casino offers a deposit bonus depending on the amount you deposit.

For $30+, it is 120%
For $80+, it is 150%
For $400+, it is 270%

So if I make a calculation, I can deposit $30 and get a 120% bonus; but if I increase more deposit amount more than 10 folds to $400, my deposit bonus only increases 2.25 times from 120% to %270. That means this casino favors the players that deposit less than $80.

Once you make a deposit the bonus funds will appear in the account as "locked funds" and it will only be unlocked when you play and wager. I read the ToS and the formula is:

Quote
unlocked_bonus = adjusted_wager / 50 * 20%

This formula is kind of confusing because it is basically:

Code:
x/50*1/5

which is

Code:
x/50/5

which is

Code:
x/250

That means

Code:
unlocked bonus = adjusted wager / 250

Which means

Wagering $1000 will only unlock you $4 from your locked funds.

That's if my calculation is right.

I don't know what you think but this is kind of a little bit extreme. To be honest, under these circumstances I can say that deposit bonus is pretty worthless to the player.



I claimed a free JCC (which is worthless against USD) without a problem. I decided to play dice and when my chances of winning is 50%, my potential reward is 1.96x. That means the house's cut is 0.04x which is not bad. If I calculated this right the house edge is 2% or smth.

Made a few wagers and I actually turned my 1 JCC into 4 JCC.



There is also a referral program. If a new player uses your link to sign up for the casino, you get 30% commission which is pretty good actually. Sadly it is very hard to attract new players lately. If you have a big and active social media account, you can have some solid passive income this way.



I see this note in the footer:

Quote
Jackfruit B.V. - registration number: 157706 - registered address: Scharlooweg 39, Willemstad, Curaçao

This probably means this is a casino which also has a gambling license from Curaçao. I say probably because I can't find any information about the license. There is a note in the ToS page though:

Quote
License 8048/JAZ

I don't know if this should mean something to the players. Is it a license number? You should be more clear about the license you have or don't have.

There is nothing wrong being an unlicensed casino if that's the case. (at least for me)



Final Conclusions: I think it is a nice casino but since it is a fresh one, we should wait and see if they can compete against the other casinos.
518  Economy / Gambling discussion / Re: How Many Bets to Know How Good Enough You Are? on: November 27, 2023, 01:08:29 PM
As a gambler, how many bets do you think  you need to place to give you a true idea of how good you are? Anyone can hit 60% in the short term. But for example in betting I am hitting between 55-60% depending on the sport after around 450 - 500 bets. Assuming I want to go pro on betting, do you think that this is good enough or do I wait and see what my percentage is after 800 - 900 bets before making a decision?

Somewhere between 150 and 200 probably. If someone can make more right guesses than wrong after his 100th guess I’d say that he knows his stuff. He must have an algo which makes him guess right more often and that will make him money in the long run no matter what happens.

Waiting for 400+ right guesses looks like an overkill to me. Sure it is safer but then why not wait till you make 1000 bets?

519  Economy / Economics / Re: Economists advise caution in trading in Bitcoin currency on: November 27, 2023, 09:22:14 AM
Good old price drop FUD. “What if everybody withdraws their money? What if the prices drop?” Don’t they ever get bored? Like this hasn’t happened before? Btc prices fell down by 80% many times in the past. Did bitcoin die? No. What makes these bozos think next time will be different? It won’t. Prices will go up and then down and then up… That’s how free markets work. Look at the price of gold, it can’t move either way. This shit is boring. Hopefully bitcoin will never be like gold.
520  Other / Meta / Re: DT1 and DT2 Explained - Gods of Bitcointalk on: November 27, 2023, 04:39:08 AM
it was amusing .

so he equated theymos to xena the warrior princess.

not sure if you watched the 1990’s show.

You probably need to get your eyes checked by a doc, Sir DT1 God. Otherwise people will call you "blind god" in the future. You don't want the name stick on you.


vs



Blink twice if you can see the difference.
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