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361  Economy / Trading Discussion / Re: How to Grow BTC Without take a BIG RISK ? on: August 12, 2014, 06:43:52 PM
So, I have a serious question. How can I increase my BTC without BIG risk?
I just know with.

- Extremely high volatility Speculation Trading ( High Risk -- High Reward )
- Gambling ( High Risk - High Reward - Experience and factor luck ONLY)
- Providing a service like in cex.io ? ( the price its joke ) , Service Contract for 5 years ? ( not interested . i have personal reason )
- High volatility Speculation Trading ( middle risk --- middle reward -- )

Any other ways to increase my money step by step little bit without any risk?

Please give you best opinions. Thanks

U missed the most lucrative one for non-tech people. Invest in a Bitcoin Startup.

It is incredible hard to find a way to invest into first round startup funding. The investment opportunities that are open for the public are mostly extremely shitty.
362  Economy / Gambling discussion / Re: Does martingale really works? on: August 12, 2014, 06:40:53 PM
So a situation that happens 99.9902% of the time you call a short term luck? Did I get you right?

Say, if I make an all-in 10x bet, and I luckily win the bet.
Does that mean that "all-in 10x" strategy is working? IMO, nope.

This is precisely what I would call a short term luck and absolutely not the other way round! Grin

Let me rephrase it.

Someone is holding a revolver to your head and in the chamber is exactly 1 bullet and there are 5000 chambers. Now he spins the chamber so he doesn't know hwere the bullet is. He now pulls the trigger. "Klick". Nothing happens.

Were you still not lucky?

I think you are trying to confuse matters... Cool

No, but I think you don't see that the situation is exactly the same.

You "expect" an outcome that is related on chance because it is the situation that will happen most often, and when it happens, you still don't agree that you didn't overperform?
363  Economy / Gambling discussion / Re: Does martingale really works? on: August 12, 2014, 06:39:05 PM
Ignoring what? You didn't answer my question... Cool

I answered it...

But to make it obvious: Yes it is luck. Because you got a situation that happens only 99.9902% of the time. I doged the 0.0018% chance that it happens, and thus was lucky.

So a situation that happens 99.9902% of the time you call a short term luck? Did I get you right?

Exactly. And it is pretty logical. Luck describes a situation, where you perform better than you would on average. Do you understand that?

On average means that you should make an infinite number of rolls, but in practice you can't make an infinite number of rolls. Are you going to deny even that?  Roll Eyes

I already noticed that you are no fan of statistics..

Average doesn't mean infinite number of rolls or anything, it is a theoretical concept that holds true if your math is correct.
364  Economy / Trading Discussion / Re: How to Grow BTC Without take a BIG RISK ? on: August 12, 2014, 06:37:21 PM
We are currently working on such a service where you can earn small rewards with very little risk. We don't plan on launching until the end of the year though.

And with what do you guys earn the rewards you payout?
365  Economy / Gambling discussion / Re: Does martingale really works? on: August 12, 2014, 06:36:04 PM
So a situation that happens 99.9902% of the time you call a short term luck? Did I get you right?

Say, if I make an all-in 10x bet, and I luckily win the bet.
Does that mean that "all-in 10x" strategy is working? IMO, nope.

This is precisely what I would call a short term luck and absolutely not the other way round! Grin

Let me rephrase it.

Someone is holding a revolver to your head and in the chamber is exactly 1 bullet and there are 5000 chambers. Now he spins the chamber so he doesn't know hwere the bullet is. He now pulls the trigger. "Klick". Nothing happens.

Were you still not lucky?
366  Other / Meta / Re: Activity & new membergroup limits on: August 12, 2014, 06:29:15 PM
Ok, gottcha!

But why did Theymos say that a few people will be able to tell what activity is needed? Was he referring to staff that has access to the secret seed?

I suppose some people have read-only access to the forum's code, which would contain the SQL query and hence the secret seed, but I don't know who those people are. They could be staff, developers, security contractors, whoever is hosting the forum, people working with the new forum, etc.

Makes sense. There is no need to worry for me anyway, I am so far away from this status Wink
367  Economy / Gambling discussion / Re: Does martingale really works? on: August 12, 2014, 06:27:38 PM
But is that really "working"? I would just call that shortterm luck.

That is like a fish in poker playing horrible and still having inredible luck. Sure he can win in the shortterm, but that doesn't mean his strategy works.

Do you get my angle?

No, I wouldn't call it sheer luck. You know what you're doing... Roll Eyes

Ok, so we do have very different definitions of "working" then Wink

When you toss a coin, chances that it lands on the same side are diminishing with each toss. Would you call this short-term luck if the coin does not fall 10 times in sequence on the same side? I would say quite the contrary! Cool

I call it chance. But I see that you are ignoring that.

The chance for it not to happen is: 1-0.5^10 , still if you make a martingale bet on it, then you will lose longterm...

Ignoring what? You didn't answer my question... Cool

I answered it...

But to make it obvious: Yes it is luck. Because you got a situation that happens only 99.9902% of the time. I doged the 0.0018% chance that it happens, and thus was lucky.

So a situation that happens 99.9902% of the time you call a short term luck? Did I get you right?

Exactly. And it is pretty logical. Luck describes a situation, where you perform better than you would on average. Do you understand that?
368  Other / Off-topic / Re: FUCK THIS SHIT! Here's why I'm moving. on: August 12, 2014, 06:26:29 PM



I see your problem, your fucked up weather report is in dumb-ass Farenheights...

Move to a country with a decent temperature measurement system. e.g. Celsius

A lot easier to understand in laymans terms. Example:

0 C = Water frozen in the front yard

100 C = Water boils on stove

Now lets look at dumb ass F.

0 F = WTF! No one should be forced to live in this sort of shit

100 F = getting nice weather? fuck knows cause it is a dumb ass reporting method
As much as I think we should leave imperial and related goofy systems just because it's internationally confusing and doesn't have many benefits, Celsius isn't much less arbitrary, and I don't think 32 and 212 isn't really any difficult to remember than 0 & 100, while Farenheit is also more granular. If someone can't remember 32 and 212 -- well, I just think we should have a better standard for people. After all, even us Americans can work with it. Tongue

It'd be nice if politicians could agree to some type of compromise reform regarding standards. Globalize Celsius use in exchange for globalizing the period as the radix point everywhere. Maybe us and some of Europe give up on placing the currency symbol before the amount of currency, and in return, we all accept the oxford comma. Hell, I'd be thrilled if we could adopt an intuitive way to measure cuts of lumber over here. I'm still pissed off over the first time I bought a bunch of lumber to replace both decks assuming 2x4 meant 2"x4" instead of 1.75"x3.75", which is absolutely ridiculous. Seriously - I will NEVER buy wood again in this country until that's fixed... I don't care how stupid an aluminum deck will look and how expensive it'll be, I'm not dealing with that shit again.

There is no need to agree on a stantard, because that already happend. Only 6 countries still use that old system.

By the end of the 20th century, most countries used the Celsius scale, rather than the Fahrenheit scale. Fahrenheit remains the official scale for the following countries: the Bahamas,[2] Belize,[3] the Cayman Islands,[4] Palau,[citation needed] and the United States and associated territories of American Samoa and the U.S. Virgin Islands (except Puerto Rico and Guam, with the former predominantely using Celsius and the latter equally using Celsius and Fahrenheit). Canada retains it as a supplementary scale that can be used alongside Celsius.[5][6][7][8]
369  Economy / Gambling discussion / Re: Does martingale really works? on: August 12, 2014, 06:23:37 PM
But is that really "working"? I would just call that shortterm luck.

That is like a fish in poker playing horrible and still having inredible luck. Sure he can win in the shortterm, but that doesn't mean his strategy works.

Do you get my angle?

No, I wouldn't call it sheer luck. You know what you're doing... Roll Eyes

Ok, so we do have very different definitions of "working" then Wink

When you toss a coin, chances that it lands on the same side are diminishing with each toss. Would you call this short-term luck if the coin does not fall 10 times in sequence on the same side? I would say quite the contrary! Cool

I call it chance. But I see that you are ignoring that.

The chance for it not to happen is: 1-0.5^10 , still if you make a martingale bet on it, then you will lose longterm...

Ignoring what? You didn't answer my question... Cool

I answered it...

But to make it obvious: Yes it is luck. Because you got a situation that happens only 99.9902% of the time. I doged the 0.0018% chance that it happens, and thus was lucky.
370  Other / Meta / Re: Activity & new membergroup limits on: August 12, 2014, 06:22:05 PM
I guess I'm almost to the next level (Legendary) except I was randomly chosen to wait a little bit longer.

As was I.
I feel robbed.

Seems there are a few of us on the verge of becoming legend Tongue. @DH, we both even have the same activity Smiley.

Re: the secretSeed, the resulting hash is substr'ed to extract only two hex digits, so if I'm not mistaken there are tons of seeds that yield the same substr(sha1(…), 1, 2). It's easily bruteforceable.

The substr is done after the hashing. If the secretSeed were substred before the hashing, then you're right that the secretSeed (or rather, the relevant byte of the secret seed) could be brute-forced given enough data. Unfortunately, the way it is set up right now, the entire state space for the secretSeed must be brute-forced to retrieve it (or a vulnerability in SHA1 found).

You are correct that there are many seeds that yield the same hash, for one particular user id. However, if you have data for that one particular user id, there is no point brute-forcing anyways.

But even after having a bigger samplesize of existing Legendary members you can't get any results, because you don't know what activity level each of those was needed for the status.

Someone dedicated could probably collect that data, but it stands that such data cannot be used to brute-force the secret seed, and hence is useless for calculating the Legendary activity levels for other members.

If Theymos released a list of, say, 100 potential secret seeds and guaranteed that the secretSeed was one of them, I suspect it would be possible, simply by looking at members between 700 and 1000 activity, to determine which one was the actual secretSeed using process of elimination.

Ok, gottcha!

But why did Theymos say that a few people will be able to tell what activity is needed? Was he referring to staff that has access to the secret seed?
371  Economy / Trading Discussion / Re: How to Grow BTC Without take a BIG RISK ? on: August 12, 2014, 06:19:33 PM
I can buy stock and bonds with money, or invest in real estate. I think he wants to know options similar to that.

And yes, I agree with your statement that the best way to make BTC is by working.

There are no regulated stock or bond exchanges currently available to make purchases directly in bitcoins.  You'd have to convert the bitcoins to your local currency, then purchase the stocks or bonds with the local currency.  Then when you are ready to sell the stocks or bonds, you can convert back from your local currency into bitcoins.  For situations like that, it's a bit easier to think of bitcoins like gold.  If you are holding physical gold, there aren't really any stock or bond exchanges currently available to make purchases directly with physical gold.

There are a few people selling real estate in exchange for bitcoins, but it is still a rare occurrence.

I totally agree with you. Other than just-dice back in the day, I never touched my BTC for investments. I wouldn't invest my gold bars into something else Wink

Many people get nervous holding BTC and the price not going up. Psychology I guess.
372  Economy / Gambling discussion / Re: Does martingale really works? on: August 12, 2014, 06:17:40 PM
But is that really "working"? I would just call that shortterm luck.

That is like a fish in poker playing horrible and still having inredible luck. Sure he can win in the shortterm, but that doesn't mean his strategy works.

Do you get my angle?

No, I wouldn't call it sheer luck. You know what you're doing... Roll Eyes

Ok, so we do have very different definitions of "working" then Wink

When you toss a coin, chances that it lands on the same side are diminishing with each toss. Would you call this short-term luck if the coin does not fall 10 times in sequence on the same side? I would say quite the contrary! Cool

I call it chance. But I see that you are ignoring that.

The chance for it not to happen is: 1-0.5^10 , still if you make a martingale bet on it, then you will lose longterm...
373  Other / Meta / Re: Activity & new membergroup limits on: August 12, 2014, 06:16:17 PM
I guess I'm almost to the next level (Legendary) except I was randomly chosen to wait a little bit longer.

As was I.
I feel robbed.

Seems there are a few of us on the verge of becoming legend Tongue. @DH, we both even have the same activity Smiley.

Re: the secretSeed, the resulting hash is substr'ed to extract only two hex digits, so if I'm not mistaken there are tons of seeds that yield the same substr(sha1(…), 1, 2). It's easily bruteforceable.

The substr is done after the hashing. If the secretSeed were substred before the hashing, then you're right that the secretSeed (or rather, the relevant byte of the secret seed) could be brute-forced given enough data. Unfortunately, the way it is set up right now, the entire state space for the secretSeed must be brute-forced to retrieve it (or a vulnerability in SHA1 found).

You are correct that there are many seeds that yield the same hash, for one particular user id. However, if you have data for that one particular user id, there is no point brute-forcing anyways.

But even after having a bigger samplesize of existing Legendary members you can't get any results, because you don't know what activity level each of those was needed for the status.
374  Economy / Trading Discussion / Re: How to Grow BTC Without take a BIG RISK ? on: August 12, 2014, 06:04:03 PM
so i have a serious question . how to grow bitcoin without risk ?
i just know with.

- Trading Altcoin ( High Risk -- High Reward )
- Gambling ( High Risk - High Reward - Experience and factor luck ONLY)
- Mining like in cex.io ? ( the price its joke ) , Mining Contract for 5 years ? ( not interested . i have personal reason )
- Trading BTC USD ( middle risk --- middle reward -- )

any anoher way to grow btc step by step little bit without any risk ?

please give best opinion . thanks

Bitcoin is money.  Stop thinking of it as something different, and the answer to your question will become obvious.

Lets try your question again:

Quote
So, I have a serious question. How can I increase my money without risk?
I just know with.

- Extremely high volatility Speculation Trading ( High Risk -- High Reward )
- Gambling ( High Risk - High Reward - Experience and factor luck ONLY)
- Providing a service like in cex.io ? ( the price its joke ) , Service Contract for 5 years ? ( not interested . i have personal reason )
- High volatility Speculation Trading ( middle risk --- middle reward -- )

Any other ways to increase my money step by step little bit without any risk?

Please give you best opinions. Thanks

Now that the question has been rephrased, you can see that MOST of the world gets money by working for it.  Get a job.  Get paid.  Increase your money with little risk. Same thing with bitcoin.  Get a job.  Either get paid in bitcoins, or use your pay to buy bitcoins. Increase your bitcoins with little risk.  Simple, yes?

A percentage of the world increases their money by owning and operating a company.  There is risk in this though.  A company could fail, and could cost the owner a lot of money.  Same thing with bitcoins.  Start a company. Supply a product or service to customers.  Accept bitcoins from customers for your product or service.  If your company is successful, you will increase your bitcoins.

That's about it.  Like all forms of money, unless you are going to beg, scam, or steal, you are pretty much limited to providing something of value (labor, product, service, other money, etc) and accepting bitcoins in exchange.

I can buy stock and bonds with money, or invest in real estate. I think he wants to know options similar to that.

And yes, I agree with your statement that the best way to make BTC is by working.
375  Economy / Gambling discussion / Re: Does martingale really works? on: August 12, 2014, 06:02:05 PM
But is that really "working"? I would just call that shortterm luck.

That is like a fish in poker playing horrible and still having inredible luck. Sure he can win in the shortterm, but that doesn't mean his strategy works.

Do you get my angle?

No, I wouldn't call it sheer luck. You know what you're doing... Roll Eyes

Ok, so we do have very different definitions of "working" then Wink

376  Economy / Speculation / Re: sideways for so long now.... on: August 12, 2014, 06:00:46 PM
The last time that everyone started calling for the volatility to come back, we ended up going like straight down.   Let's hope we don't have a repeat of that...

Going down isn't all bad. Especially if you are a longterm holder you can replenish your stack Wink
377  Economy / Gambling discussion / Re: Does martingale really works? on: August 12, 2014, 05:58:52 PM
But is that really "working"? I would just call that shortterm luck.

That is like a fish in poker playing horrible and still having inredible luck. Sure he can win in the shortterm, but that doesn't mean his strategy works.

Do you get my angle?
378  Other / Archival / Re: Last Drink You drank. (daily thread) on: August 12, 2014, 05:55:15 PM
MONSTER energy. The green 500ml can
379  Economy / Trading Discussion / Re: How to Grow BTC Without take a BIG RISK ? on: August 12, 2014, 05:54:12 PM
Bitfinex and bitvc and invest bitcoins there.
380  Other / Archival / Re: Updated Overview of Bitcointalk Signature-Ad Campaigns on: August 12, 2014, 05:52:52 PM
Too bad that stunna also wants to go away from pay per post campaigns.

Sadly soon there will be no way to earn some extra bucks.

Stunna said it when DiceBitco.in was not around. I dont think he'd like to jeopardize PD3 hype by implementing pay per activity.

Ok, still, he has literally no open competitor with payperpost modell anymore.
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