rpietila Altcoin Observer

[iCEBREAKER]

HUGE news on the Via/Clearinghouse front:

ePeso is in testnet, in an attempt to become the official e-currency of the Philippines!

Zynga has wisely abandoned crappy Counterpary and is building their Poker on VIA/XCH instead.  They are also considering following Overstock's move to issue shares on that blockchain.

[Jungian]

HUGE news on the Via/Clearinghouse front:

ePeso is in testnet, in an attempt to become the official e-currency of the Philippines!

Zynga has wisely abandoned crappy Counterpary and is building their Poker on VIA/XCH instead.  They are also considering following Overstock's move to issue shares on that blockchain.

What's viacoin/clearinghouse? Give me the short rundown if you want to.

[itod]

HUGE news on the Via/Clearinghouse front:

ePeso is in testnet, in an attempt to become the official e-currency of the Philippines!

Zynga has wisely abandoned crappy Counterpary and is building their Poker on VIA/XCH instead.  They are also considering following Overstock's move to issue shares on that blockchain.

What's viacoin/clearinghouse? Give me the short rundown if you want to.

Clearinghouse is a Counterparty clone, code divorced from Bitcoin and married to an altcoin (VIA). If Zynga really adopts them all VIA/XCH bag-holders are going to the moon.

[Jungian]

HUGE news on the Via/Clearinghouse front:

ePeso is in testnet, in an attempt to become the official e-currency of the Philippines!

Zynga has wisely abandoned crappy Counterpary and is building their Poker on VIA/XCH instead.  They are also considering following Overstock's move to issue shares on that blockchain.

What's viacoin/clearinghouse? Give me the short rundown if you want to.

Clearinghouse is a Counterparty clone, code divorced from Bitcoin and married to an altcoin (VIA). If Zynga really adopts them all VIA/XCH bag-holders are going to the moon.

Why the hell would they use that?

[jwinterm]

HUGE news on the Via/Clearinghouse front:

ePeso is in testnet, in an attempt to become the official e-currency of the Philippines!

Zynga has wisely abandoned crappy Counterpary and is building their Poker on VIA/XCH instead.  They are also considering following Overstock's move to issue shares on that blockchain.

What's viacoin/clearinghouse? Give me the short rundown if you want to.

Clearinghouse is a Counterparty clone, code divorced from Bitcoin and married to an altcoin (VIA). If Zynga really adopts them all VIA/XCH bag-holders are going to the moon.

Why the hell would they use that?

I can't find any statement by Zynga or anyone who works there that they are actually planning to use it. Someone have a link?

[itod]

HUGE news on the Via/Clearinghouse front:

ePeso is in testnet, in an attempt to become the official e-currency of the Philippines!

Zynga has wisely abandoned crappy Counterpary and is building their Poker on VIA/XCH instead.  They are also considering following Overstock's move to issue shares on that blockchain.

What's viacoin/clearinghouse? Give me the short rundown if you want to.

Clearinghouse is a Counterparty clone, code divorced from Bitcoin and married to an altcoin (VIA). If Zynga really adopts them all VIA/XCH bag-holders are going to the moon.

Why the hell would they use that?

I can't find any statement by Zynga or anyone who works there that they are actually planning to use it. Someone have a link?

Here's some info:
http://www.spookycoins.com/tag/zynga-and-viacoin/

And then the charts exploded, 300% growth in two hours:
https://bitcoinwisdom.com/markets/bittrex/viabtc

As somebody said, people are buying the wrong altcoin, XCH will (may)be actually used in Zynga Poker, making it the most massively used cryptocurrency.

[illodin]

I thought zynga was dead already.

[UnicornFarts]

XCurrency and BlockNET seem to be solid investments these days

[visual111]

XCurrency and BlockNET seem to be solid investments these days

i just went all in

[UnicornFarts]

XCurrency and BlockNET seem to be solid investments these days

i just went all in

Seeing "all in" next to "investment" always cracks me up.  Pre-crypto I thought "all in" was just a poker term

[visual111]

XCurrency and BlockNET seem to be solid investments these days

i just went all in

Seeing "all in" next to "investment" always cracks me up.  Pre-crypto I thought "all in" was just a poker term

i can play more than one hand?

[iCEBREAKER]

HUGE news on the Via/Clearinghouse front:

ePeso is in testnet, in an attempt to become the official e-currency of the Philippines!

Zynga has wisely abandoned crappy Counterpary and is building their Poker on VIA/XCH instead.  They are also considering following Overstock's move to issue shares on that blockchain.

What's viacoin/clearinghouse? Give me the short rundown if you want to.

Clearinghouse is a Counterparty clone, code divorced from Bitcoin and married to an altcoin (VIA). If Zynga really adopts them all VIA/XCH bag-holders are going to the moon.

Why the hell would they use that?

Zynga first approached Counterparty, but it is much too slow so that approach failed.  VIA/XCH has 24 second blocks, and so is perfect for poker.

Zynga dude is following VIA guy on Twitter, while Official Confirmation will probably take months, because Reasons and stuff.

[Cryddit]

Seeing "all in" next to "investment" always cracks me up.  Pre-crypto I thought "all in" was just a poker term

i can play more than one hand?

Heh.  If you're playing an "all in" bet, you're giving up any possibility of playing another hand if you lose. 

"All in" means, in poker, that you're losing.  An "all in bet" is something that somebody who is playing a smarter game never ever has to do, and every time players are driven to do it, they are one hand of cards away - literally the luck of a single draw - from losing everything they've got.  

In the long run skill dominates luck.  Anybody can win or lose a single hand, but the skilful players win just a bit more often, or when they've bet just a bit more, or lose when they've bet just a bit less, consistently.  If skill isn't on your side, sooner or later you wind up making all-in bets and hoping to get lucky on just one hand.  It can work once or even twice, but  if skill *still* isn't on your side, you get stuck in that situation again and again and again.... until luck isn't on your side either.  And then your game is over.

[itod]

XCurrency and BlockNET seem to be solid investments these days

i just went all in

Going all in on something that has "potential failure" written all over it, like BlockNET have, is suicidal IMHO. Just take a look at their thread, for a start it's self-moderated. That should be enough, but if it isn't look at how all reasonable concerns are treated as FUD, and either deleted or down-voiced by a bunch of greedy noobs looking for a quick 10% profit. If they don't end in disaster it will be a surprise.

[rpietila]

Seeing "all in" next to "investment" always cracks me up.  Pre-crypto I thought "all in" was just a poker term

i can play more than one hand?

Heh.  If you're playing an "all in" bet, you're giving up any possibility of playing another hand if you lose. 

"All in" means, in poker, that you're losing.  An "all in bet" is something that somebody who is playing a smarter game never ever has to do, and every time players are driven to do it, they are one hand of cards away - literally the luck of a single draw - from losing everything they've got.  

In the long run skill dominates luck.  Anybody can win or lose a single hand, but the skilful players win just a bit more often, or when they've bet just a bit more, or lose when they've bet just a bit less, consistently.  If skill isn't on your side, sooner or later you wind up making all-in bets and hoping to get lucky on just one hand.  It can work once or even twice, but  if skill *still* isn't on your side, you get stuck in that situation again and again and again.... until luck isn't on your side either.  And then your game is over.

If a person has cash flow, and/or ability to take debt, optimum bet may even be higher than 100% of the current bankroll.

[itod]

Seeing "all in" next to "investment" always cracks me up.  Pre-crypto I thought "all in" was just a poker term

i can play more than one hand?

Heh.  If you're playing an "all in" bet, you're giving up any possibility of playing another hand if you lose. 

"All in" means, in poker, that you're losing.  An "all in bet" is something that somebody who is playing a smarter game never ever has to do, and every time players are driven to do it, they are one hand of cards away - literally the luck of a single draw - from losing everything they've got.  

In the long run skill dominates luck.  Anybody can win or lose a single hand, but the skilful players win just a bit more often, or when they've bet just a bit more, or lose when they've bet just a bit less, consistently.  If skill isn't on your side, sooner or later you wind up making all-in bets and hoping to get lucky on just one hand.  It can work once or even twice, but  if skill *still* isn't on your side, you get stuck in that situation again and again and again.... until luck isn't on your side either.  And then your game is over.

If a person has cash flow, and/or ability to take debt, optimum bet may even be higher than 100% of the current bankroll.

Being "all in" and having a cash flow into a business are mutually exclusive, If you are "all in" you can't flow anything in by definition. I would like to see an example where it is reasonable strategy without being willing to take 0 output outcome as a result, except when the system is rigged of course.

[ShroomsKit_Disgrace]

Summary:

SuperNet 

BlockNet 

[rpietila]

Seeing "all in" next to "investment" always cracks me up.  Pre-crypto I thought "all in" was just a poker term

i can play more than one hand?

Heh.  If you're playing an "all in" bet, you're giving up any possibility of playing another hand if you lose. 

"All in" means, in poker, that you're losing.  An "all in bet" is something that somebody who is playing a smarter game never ever has to do, and every time players are driven to do it, they are one hand of cards away - literally the luck of a single draw - from losing everything they've got.  

In the long run skill dominates luck.  Anybody can win or lose a single hand, but the skilful players win just a bit more often, or when they've bet just a bit more, or lose when they've bet just a bit less, consistently.  If skill isn't on your side, sooner or later you wind up making all-in bets and hoping to get lucky on just one hand.  It can work once or even twice, but  if skill *still* isn't on your side, you get stuck in that situation again and again and again.... until luck isn't on your side either.  And then your game is over.

If a person has cash flow, and/or ability to take debt, optimum bet may even be higher than 100% of the current bankroll.

Being "all in" and having a cash flow into a business are mutually exclusive, If you are "all in" you can't flow anything in by definition. I would like to see an example where it is reasonable strategy without being willing to take 0 output outcome as a result, except when the system is rigged of course.

According to your definition, As long as the person has any degrees of freedom left after losing an all-in bet, it is not truly all in. So only russian roulette is all-in.

In the same or different thread, we were considering that if you have a situation where you can roll D6 only once, and with P=1/2, you win 10 times your bet, with P=1/3, you get it back, and with P=1/6 you lose it, how much would you wager?

In this case, many young and able people with limited net worth would reasonably consider betting all and even going into debt.

(If not, then why the hell is anyone taking a mortgage for a house that likewise includes the possibility that you lose everything, but there is no possibility for any significant gain.)

[illodin]

Zynga first approached Counterparty, but it is much too slow so that approach failed.  VIA/XCH has 24 second blocks, and so is perfect for poker.

What do you mean, why would confirmation times being faster be important especially for poker?

[Jungian]

Zynga first approached Counterparty, but it is much too slow so that approach failed.  VIA/XCH has 24 second blocks, and so is perfect for poker.

What do you mean, why would confirmation times being faster be important especially for poker?

This is my question too.