If I had to gamble, I would prefer to go with the regulated sites, because your winnings will be guaranteed. ^smile^
I think, regulated gambling sites have no way to verify provably fairness. U need to trust regulators that the sites they collect tax from are provably fair.  That's right, every gambling site the probably fair is always be an unknown reason. There is no player are knowing about that except the owner or administrators. The probably fair is so vague and that also makes me for thinking a twice playing again. I dont think u understood what I said. I said Provable Fairness of many regulated gambling sites are not verifiable by gamblers. Gamblers need to trust authorities that the bets are fairly handled. But, Provably Fair is a pretty established concept and it allows each and every player to confirm that house had no control on the win/loss of their bet. For example, take the case of www.bitcoinbetting.website, which is Provably Fair. U chose a hexadecimal digit between 0-F and place a bet using a bitcoin Tx. The last hexadecimal digit of the bitcoin block hash, that would confirm your Tx decides whether u won or lost that bet. If u win, u get back 16x of your bet amount. As a gambler, do u find any way in the above process where house can cheat u? |
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LoLz... that's pretty expensive. Really. But, I like the way u market.  |
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There is no casinos with 0 percent house edge, if there is, they will go broke soon.
LoLz... check my signature.  |
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Wow. I got quoted. Thank you.
Unless someone can convince me not to offer 50 BTC prizes for a blockchain based game together with a secret only I know ... (if I am the operator of the site.) Or the issue of investors being cheated. Without resorting to 30 minute calculations.
Could u please elaborate which secret u r talking about here? |
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It is always interesting to note that most of the transaction costs are paid by the holders (and hodlers) of bitcoin in the form of inflation, and not the users.
How? Bitcoin's value is by design deflationary in the long run. |
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A very lucky guy which he make hes money to 1btc easily. I would think to try this game but when i calculated it on how many percent do i have in able to win. I calculated 6.7% winning chance which is really small. Betting many option would increase the chance though but all are the same.
No. If u place bet on only one option in a block, your chance to win is 6.25%. 1/16 = 0.0625 But, if u place bet on 15 options in a block, your chance to win is 15/16 = 0.9375, i.e. 93.75%. |
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Since many of the youths are involved in it. Also it is now a good source of earning. Can new generation be independent and will bitcoin help for personal development.
Bitcoin is freedom and Gen Y is actively participating to spread this freedom. |
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There is no gambling website with a 0% house edge because its something that they need to exist and stay existing.
A gambling website is not cheap,you have to understand that..
You are fully right about this, there are no gambling websites with an 0 percent house edge because they than simply would never make profit or money to build up their empire. Right about that, I think that they would not even can than keep the work they have to do up, they have to pay people to make things and stay it under the control.. Without the house edge a lot of casino would disappear. I think what the site says that they have a house edge of 0? I saw a gambling site that promote their sites in an extreme way, maybe it's part of their advertising, they said that the house edge profiles on them is zero is it they lie? I dont know which gambling site u r talking about. But, if it is BitcoinBetting.website, then it is definitely not a lie. It is pretty easy to calculate their house edge using the following formula... House Edge in % = ((1 - (Bet Multiplier / No. of Options)) * 100)Therefore, House Edge of BitcoinBetting.website = ((1 - (16 / 16)) * 100) = 0% Is that site is based on pvp games or not? If they dont based on pvp it doesnt make any sense. Although they have 0% of house edge they still get fee from player if I may know how can you calculate on crypto-games.net. last time they make some good promo on 0% house edge - The very concept of House Edge is meaningless in PvP games as house is not risking anything. - Real 0% house edge games make money relying on gambler's greed as Omegasun has explained above. - I have no idea about crypto-games.net. |
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The image is so blurry for me if at this time there is a new technology about for recording with high definition (1080p, 4k) I think that's already some years ago and just got a published in some month ago.
Ya its an old one. I saw it before... p.s. Why did u quote OP in the very second post? Worth the 53 minutes? Or is just a waste of a time? Rate it for us! If u r interested in the political ideology behind bitcoin, then yes. It worth. |
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Hello everyone,
I have recently started getting paid in bitcoins for my online activities.
I was wondering if someone can help me with understanding which is a good medium for withdrawing BTC to INR.
Also, how do file income tax for these.
If you can point me to a CA who understands this well would really appreciate it.
Please check this sticky - https://bitcointalk.org/index.php?topic=213792.0 |
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Agree or not, there is a market demand for bitcoin banks like CoinBase to store coins or HaoBTC to get interest on coins.
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The image is so blurry for me if at this time there is a new technology about for recording with high definition (1080p, 4k) I think that's already some years ago and just got a published in some month ago.
Ya its an old one. I saw it before... p.s. Why did u quote OP in the very second post? |
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Hi , i am looking for a site with app which makes withdraw with no fee from us like xapo used to do , but now they are asking for Identification.
If u r OK with Xapo, then u'll be OK with blockchain.info as well. They dont ask for identification. But, please remember, if u dont control the private keys, u dont own that coin either. |
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It is the new name of CryptoThrift. It is around for long. But, I never used them. |
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52 votes already? directbet seems to have lots of supporters around.  |
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Aside from that, I'm glad other people are smarter than me and can make arguments like OP, of which I didn't understand a word. Excuse me. That is NOT my statement. It is made by nullc aka Gregory Maxwell, one of the longest contributor of Bitcoin Core software and CTO of BlockStream - https://bitcointalk.org/index.php?action=profile;u=11425 |
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Apart from genesis block 50 coins and a few known others, u never know for sure, which coins actually belong to Satoshi.
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Yes, bitcoin is a near perfect currency on the on-chain settlement layer but very inneficient as payment network, since it can't scale on-network, therefore it will need offchain solutions like lightning network and such.
I think, bitcoin is more of a crypto-asset than a crypto-currency. It lacks many properties a currency is supposed to have... franky1 incoming in 5....4....3....2....1.....
Who's franky1? |
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If I had to gamble, I would prefer to go with the regulated sites, because your winnings will be guaranteed. ^smile^
I think, regulated gambling sites have no way to verify provably fairness. U need to trust regulators that the sites they collect tax from are provably fair. |
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Bitcoin is a revolution currency but bitcoin is a fairly inefficient payment network. The latter is a perfectly fine consequence of the former. If people turn this on its head and try to market bitcoin as a payment rail where the currency is an unfortunate requirement, it would be immediately out competed in the market by better payment systems which are fundamentally more scalable than the decentralized Bitcoin system or which don't require costly and unpredictable currency conversion. Source: https://www.reddit.com/r/btc/comments/57zhd2/another_ridiculous_claim_from_lukejr_in_the/d8wb4hl |
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