Only way this would be able to be a 'scam' would be if this was centralized or there was an ability for the code to be altered, while in motion, by a rogue developer or something along those lines. I doubt that could the case, as people can go and review the code right now -- and I think there MIGHT be some outside groups that have viewed it.
Something cool to try is all, rather then just losing tons of money on traditional gambling.
I read that interest generated by the pool will be returned to one lucky winner so this literally means everyone will get their capital to be returned right? ^ That's how it's supposed to work until it doesn't. Money just doesn't magically appear out of nowhere, you know... Unless you're the one printing it.  There's no money being printed here. Or any weird games being played with some random stablecoin here. It's a smart contract that pools DAI together and then lend it out on compound finance. One lucky winner (out of the people who bought tickets, and contributed to the pool) is given the interest generated by the pool over this time. So what's the catch? How are these people making profits? IMO this just seems like a big PR project to promote yet another stable coin. I wonder what will happen once this 'no-loss lottery' thing starts drawing more and more attention (making the pool prize even bigger), I doubt the 'no-loss' part will stay the same. One possible risk to this is the platform not returning the DAI but I doubt they'll risk their reputation if they're bringing profit.
Famous last words  there's been tons of scams and fraudulents events occuring in the cryptosphere since its inception. You can't never be certain that " it won't happen". How long has this project been operating or it's just a new project and have anyone (including OP) tried them out to prove their legitimacy?.
Seems like they've been operating since June, according to this site, so around 2 months? They take 10 percent from the interest generated for the pool. So if the pool is able to make some profits from this with just ensuring that the code is up to date and non exploitable. What you said here is totally unclear. So basically you have to buy tickets and the more tickets you own the better the chance of winning. Only one lucky winner will get all the pool prize if i am not wrong. So how is this zero loss? If 10 people participates 9 people will suffer a loss. I guess what you are trying to say is that the whole amount is given to that one single winner and the house does not keep any portion of the winnings. Crypto-games.net had this kind of lottery from the beginning.
There's no loss. People buy tickets in DAI, one ticket = 20 Dai. The Dai is lent out on compound finance for the time being. You're returned your principal if you win or lose. The 'winner' is given the FULL interest for the pool for the month. Which is why this is a 'lottery. |
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The EU has stated that the'll only start negotiations with the UK once again once we have officially left the EU. That's the last that I had read to this point.
Anything that May had gotten from the EU initially wasn't enough for the UK politicians to swallow.
But we do have to remember that the people did vote for this, and the politicians have failed to make it happen to this point. But we do know what Boris is going to do on the topic if need be.
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I visit on the site, and if I am not wrong, the ethereum that we're sent to them will be back to our wallet as the new token which is called CToken. So no matter if you are not the winner, you will get a new token from the compound.finance and I guess that will be sent into your mew wallet or there is a separate wallet. Hm, that is interesting. I think that is their way to sell their tokens by using the gambling games, and I guess that is a win-win solution for everyone but the problem is how good the project in a long-term.
Yup,it's quite interesting to see the concept of this gambling site. But the question is whether CToken will be worth the same as Ethereum that we transfer? And this will not be a win-win solution if ultimately the tokens are not much different from other shitcoins that are not valuable. But so far it is quite good than those who have not been lucky to get nothing. I hope that the token will have a good price later so that this gambling platform is able to attract many people. Well you have to think about it like this. On the Compound Finance platform right now there is about 10M in just Dai CToken, the code is open source, and has been audited by multiple outside groups. I highly doubt that this is an issue in the least, the only way this would be possible is if there was an issue in the code and it was possible to exploit this. With the amount of money on the platform, I don't think this is something that we have to worry about to be honest. |
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How does this become a zero loss? Do I get refunded for the tickets I bought for the pool after the 15-day period and the winner has been drawn?
I failed to write it in the inital post, and if I can edit it I will. But what pretty much happens is that you buy tickets, if you lose --> You don't really lose, as you just lost 'winning' the interest accrued by the pool for the month. Your initial deposit is returned to you by a smart contract on the ETH network. There's some new sites in the space that run on smart contracts on ETH, such as no loss lotteries where peoples DAI (a decentralized stablecoin pegged to 1 USD) is pooled together and then lent out on compound finance. At the end of the pool (usually 15 days) The interest that has been generated by the pool is paid out to one lucky winner. Your chance of winning increases as you buy more tickets to the pool. Here's the link to the project in question, but I do want to know if this is something that people are interested in --> https://www.pooltogether.us/And our bet amount will be returned to every player? If I understand this right its something kind of ponzi so we will be scammed at end. Only way this would be able to be a 'scam' would be if this was centralized or there was an ability for the code to be altered, while in motion, by a rogue developer or something along those lines. I doubt that could the case, as people can go and review the code right now -- and I think there MIGHT be some outside groups that have viewed it. Something cool to try is all, rather then just losing tons of money on traditional gambling. |
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I agree, the economic system is fucked. Particularly as a result of The Federal Reserve and its endless money printing inflation warping the buying power of money. If we had sound money most people would be doing just fine. Regardless of this however, I don't think humanity as a whole can manage to live without financial worries. People as a whole have trouble managing their consumption. Humans just tend to want more and more and more. Without some kind of limit, humanity would easily collectively drain all of the world's resources over frivolous bullshit, much like we are doing now. In summary, there always will be, and in my opinion should be some kind of limit.
Agree. The worries of the old world were about dying young, healthcare being horrible, not being able to get enough food, diseases, etc. Our world has economic worries (such as not being paid enough money to retire, or something along those lines) due to the fact that these are the worries of our time. If it wasn't worries about money -- it would be worries about something else relating to material, survival, etc. We can't just give people everyone they want and let everyone have sunshine and rainbows. That's impossible. There has to be someone that is providing the sunshine and rainbows for someone else. That's society. People work and then they enjoy life when they're not working. |
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There's some new sites in the space that run on smart contracts on ETH, such as no loss lotteries where peoples DAI (a decentralized stablecoin pegged to 1 USD) is pooled together and then lent out on compound finance. At the end of the pool (usually 15 days) The interest that has been generated by the pool is paid out to one lucky winner. Your chance of winning increases as you buy more tickets to the pool. Here's the link to the project in question, but I do want to know if this is something that people are interested in --> https://www.pooltogether.us/EDIT: After some good discussion with some, this has turned into sig spam. LOCKING. |
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Not trying to go the way of Michael Vick, so that's a no from me.
I don't think anyone is going to be able to bet on two dogs fighting. You can get some countries and areas OKAY with cock fighting or anything along those lines. But those fluffy pets that you buy for your kids fighting one another to the death --> Yeah, that's not going to fly.
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Why do you still accept FIAT?
When salary starts to be paid in crypto, then it will to be adopted and Fiat will die. We are probably a long way of from that But it just takes one currency crash in a major economy (e.g, Germany the 20's, Russai the 90's) and then crypto adoption could happen overnight. If that is next week or in 20 years who knows. I'm out of sMerit but that post deserves one. Very good point. The problem with this idea is, when pay is crypto rather than fiat, the IRS (and other taxing agencies) will still demand taxes in the form of fiat. This means that employers will have to keep complex records of what crypto was worth at the time they made their salary payments, and convert withholding into fiat from crypto. Since businesses are always seeking to reduce costs, only the very dedicated employers will turn to crypto, because of the added taxation paperwork they will have to do. This makes the crypto point almost moot. The focus should be around the right way to bypass the taxing authorities. Then it won't matter if crypto or fiat is used.  +1 to this. When we tell businesses not to use a service like BitPay, something which makes the process 10x easier because they help with compliance and use settlement in USD. We're hurting businesses. Allow the solutions we have today, such as this, to take shape. Because any sort of adoption, even if the people who are accepting Crypto are converting directly to btc -- is still something. Bypassing tax authorities doesn't go well, and will never go well. If we continue to tell people that using Crypto is for tax avoidance -- then we're just fueling the narrative that Crypto is for the illegal portions of authority. |
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There was 40 people shit in Chiicago this weekend alone i think 3 Died. The shootings involved more than 4 people at a time which justifies it as a mass shooting.
OK, so you heard about it... so what's the problem? Like I said, gang violence happens in many places across the country on a daily basis. National newspapers don't want to print "X People Shot in Gang-Related Incident" every day. I mean yes, of course its a problem, everybody's known about it since the 1980s. What do you propose the solution is? 20 people dying all at the same time is a pretty big fucking deal. Even if it happened in Chicago, damn straight it would be on the national news. if you are in a gang you are most likely to die. mass shooting of innocents is TERRORISM, that's the difference. Terrorism? there have been over 1500 shootings in Chicago this year Far exceeding any "Mass shooting" this year.....That's terrprism This is the stuff that gun owners point to when people tell them that mass shootings are the biggest problem. Mass shootings seem like a much larger problem then they are due to the fact that they're on the news all the time -- do you want to know why they're on the news all the time --> IT'S BECAUSE THEY'RE RARE. They're not going to put shootings in Chicago on the news, because that's not news anymore. It's common at this point. |
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My earlier statement now FURTHER stands.
You're saying that because there is a minority of people in the police force that love to abuse the power that they get, that everyone who is involved in the police force should be questioned on why they're joining. You're lumping the majority of people into this 'I HATE YOU' category just because a MINORITY of the police force abuse their power.
Unfair.
I think a small minority of the police do not abuse their power, at least in my experience I had 1 cool cop encounter, 20+ assholes harassing me or beating me. https://www.youtube.com/results?search_query=police+abuseDoes not seem like a minority to me. So you're anecdote is somehow supposed to reflect the entire population of police officers in the US just because you think it does? That's just not true, and that's not how any of this works in the least. A small minority of people in every profession abuse their power. When it's in law enforcement and such obviously it's going to be more destructive, but it's WITHOUT A DOUBT unfair to label the entire group as such. |
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So pretty much what you're saying is: Why should be thank those that put their lives on the line everyday to ensure that you're safe in your home, you're safe in your community, and you're safe from outside invasion (or terror)
While yes, there are some pretty bad people in every profession and when you're in the professions where people are given firearms and have the opportunity to abuse them that's inexcusable. But that's no reason to bash every single one of these people: You don't hate all farmers, teachers, engineers, etc just because there are some people in their profession that are bad people.
Some people are bad, rag on them. Don't put together a whole group of people and call them murders just because they're protecting YOU.
I have to seriously question anyone that joins the police force. Most of them love the little bit of power they get. We are all people and should not be bowing down to others playing dress up. You can't compare this group to farmers and engineers because police is a vastly different animal. My earlier statement now FURTHER stands. You're saying that because there is a minority of people in the police force that love to abuse the power that they get, that everyone who is involved in the police force should be questioned on why they're joining. You're lumping the majority of people into this 'I HATE YOU' category just because a MINORITY of the police force abuse their power. Unfair. |
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So pretty much what you're saying is: Why should be thank those that put their lives on the line everyday to ensure that you're safe in your home, you're safe in your community, and you're safe from outside invasion (or terror)
While yes, there are some pretty bad people in every profession and when you're in the professions where people are given firearms and have the opportunity to abuse them that's inexcusable. But that's no reason to bash every single one of these people: You don't hate all farmers, teachers, engineers, etc just because there are some people in their profession that are bad people.
Some people are bad, rag on them. Don't put together a whole group of people and call them murders just because they're protecting YOU.
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This is a really big tragedy but I can't understand something.
Every time after these tragedies, the issue of arms purchases begins to be discussed, and nothing ever changes, everything remains the same.
How is that possible?
What has to happen that finally the very liberal laws in America about buying guns start to change?
How many people have yet to die in tragedies like this?
One of the big things that people who are really for gun rights in the US say is that while these mass shootings are horrible, they're not the majority of crime in the US -- they're probably only around 1 percent of all crime in the US. There also has been no tried and true way to even eliminate these mass shootings -- as researches have concluded that the only possible solution would be to ban 'assault rifles' and all that does is lower the death-count during these tragedies. If people are to admit that lowering the deathcount is an OKAY conclusion, then that's fine -- but don't expect these shootings to go away. It's a very tough topic on both sides here, as OBVIOUSLY neither side wants people to die -- but one side doesn't think they should have to give up their firearms due to crazy people abusing freedoms to kill people -- and the other side feels the only solution is to limit the availability of these guns to regular everyday Americans. It's a very tough issue in the US and it's not something that can be solved by another countries model. Because as these shootings are so rare, it's even hard to find solutions statistical speaking. |
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Don't even bother to read youtube or twitter comments. Nothing but paid trolls posting to push their agenda.
The old internet was better when less people were on it. Technology is something we should be afraid of instead of thinking it will improve our lives.
Not true at all. The internet has improved the lives of so many, and has provided information and the ability to learn new skills to people that would have never had access to this information before. That's something that is an amazing improvement. Tools like social media allow people to 'reunite' after Highschool or college, or from a past job. Youtube helps to teach many new skills. Reddit put people together to talk about specific subject areas. The internet has done great things for many, it's not fair to think otherwise. |
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Sigh.
People still use fiat because it is the most used currency around the world. Right now if I was a normal everyday person I wouldn't be able to get paid in bitcoin, pay for my day to day expenses in bitcoin, invest in certain stocks through bitcoin for retirement, and so on and so forth.
Fiat is the dominant currency in the world, and there's no two ways around that.
Bitcoin isn't, and it really does need to change in order to do that. If LN can clean itself up so regular people can use it without it being centralized, maybe that can work.
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^ This is off-topic in this thread, but you know what the most common line of defence is such cases is: I swear your honor, she said she was 18! I wouldn't be too harsh on poor prince cuz she was hot  As for the mother, mine died not long ago and was cremated, but I can't say for sure if I wouldn't allow them to take organs if they wanted to. I wouldn't agree to some ballistic tests because that's crazy, but I'm sure she would be happy if her body could save some lives. This is without a doubt a thing that parents, mothers, and brothers fight for after their loved one has died. As some people will state they want to be an organ donor, but the estate will fight it -- as it is pretty tough to think about a hospital taking the organs out of your loved one. Even if it could help people, it's a very hard thing to think about. |
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He better sue them. They could be doing even shadier stuff. That they asked for payment for something they got for free should be investigated. Bodies are donated to them yes but under condition that they only be used for research. If it happens that they find out the they "don't need it" then they should split the money with the family if they do find some other institution willing to take the body and only if the family has, again, agreed on what is going to be done. But what in gods name is Alzheimer's research center going to be able to do with a body? They probably have tons of them that they can do research and tests on to see what Alzheimer does to the brain and the inner functions of the disease itself.
This particular body should be of interest to them since as already mentioned, she didn't carry the genes for the disease. Checking bodies like these could help discover how the disease develop in people who would have been labelled as "low risk" when doing DNA tests. That's the thing, I truly highly doubt that there was any thing signed stating that it was going to be used for research purposes. It was most likely just donated to the research group, and they had autonomy over what they would want to do with it. They got additional money from this body and they're going to be able to further research on the disease. I would assume that if the son asked what was going to happen to the body, they would inform him -- but that's a difficult question to ask so it was never asked. |
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I mean I'm going to explain to you what may happen if you try do this.
1. You're going to be unable to find a group like this, as most are plagued with referral links and people trying to sell their 'gambling secrets' or whatever else scam shit the gambling scene is plagued with these days.
2. You're going to find a small group that suits your needs, but slowly the admins / mods of the group will want to make some money off the group so they will SLOWLY have it become the gambling scene like above.
Just stick to reddit gambling forums, these groups are going to be all BS and filled with scams anyway.
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Some of the choices I've been mulling over: Citi Bank, Chase, TD Bank, Ally Bank, Capital One.
I know it's an old thread and you probably already made your choice but this might be useful to others: In your list, Capital One 360 is the only one that has a sane overdraft policy. Before you say you'll never overdraft... that shit happens whether you want it or not, e.g. I've had Coinbase duplicate a deposit request. I would avoid Citi and Chase like plague unless you really hate your money and need in-person branch service. Although for branch service I'd use to a local small bank/CU. Ally is ok. None of the above banks had any problems with me using Coinbase, except when they started declining credit card purchases sometime in 2017 or 2018 but that was too good to be true to begin with. I have no experience with TD. If you want no-frills online bank with zero fees, consider Simple (BBVA). I have not used them for crypto purchases though. Works fine for everything else. I actually did go with using Capital One 360 : and I have to agree with you, they without a doubt have the BEST overdraft policy. I must say I've miscalculated things with Crypto purchases multiple times, or I've clicked deposit one too many times -- and they've saved me a couple of times from a handful of fees. Does Simple have the same sort of policy relating to overdraft fees? I've been looking through some of their information and it seems like they have some pretty good featurs on their: Such as 'safe to spend' which is a problem sometimes when you have things automatically set up and you just miss it. Let me know if there's any other info you can provide on simple, such as their customer service or anything you think would help someone who's banking with them. Thanks! I appreciate the info SuchMoon, as I am looking for a new personal banking provider. |
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I can't blame em. I'd probably do too. Imagine working your butt off managing a company for years and then retiring. You can do whatever you want with the remaining years, treat yourself. We know Gates donate large sums to charity but he definitely have bought other expensive stuff too. Why should he live in a cubicle and give away all his money? You do understand that these billiionaires do also donate large sums of money to advance research causes around the world, right? Even if they didn't, no one has to donate money -- they earned every penny that they have and they can use it they want that they want it, not the way you want them too.
Let them enjoy their money. For gods sake people are so fucking jealous of others people.
Yes. People are free to spend on whatever they want using the money they worked for. Charity is a privilege not a right. No one is responsible for you except YOU. You can't even blame your parents if they fuck up your spawn point. Exactly. People should be happy when these mega billionaires donate large sums of their wealth to causes around the world. Think of the Gates' or someone like that, who pledges more then half of their wealth to charitable organizations. I think Zuckerberg is doing the same thing. But they can do whatever the hell they want with that money, and people should accept that. |
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