Gambling would eventually lead to a loss, either completely or majority of the bettor's bankroll.
Post
Topic
BoardGambling
Re: Do you have a favorite casino?
by
BlackMachine
on 13/10/2015, 10:40:29 UTC
In my opinion, primedice offers a fair and fast gambling experience. The chatbox there is also very active and there are frequent tips. It is worth taking note that there may be some downtimes, seems to be solved for now.
Post
Topic
BoardServices
Re: [BIT-X.com] OPEN SPOTS Earn Bitcoins by Posting | Signature Campaign
by
BlackMachine
on 22/09/2015, 14:12:04 UTC
Post: 208 Rank: Full Member Address: 37BM9pRA6YurkR1kjpr6BmbuihUaxA8C9M
Post
Topic
BoardGambling
Re: Best provably fair bitcoin casinos.
by
BlackMachine
on 22/09/2015, 14:02:07 UTC
primedice of course. Primedice is one of the longest running casino with trusted owner and active giveaways around here. When it got hacked, Stunna repaid the loss out of his own pocket without a word and the faucet is an absolute huge plus.
Post
Topic
BoardServices
Re: Pachinko Signature Campaign Full Members and Up(OPEN){ESCROWED}
by
BlackMachine
on 13/09/2015, 05:58:19 UTC
User:BlackMachine Post count: 206 Member rank: Full member Address: 1QL6NVzPr5DWowYXa4Uup3LdW7TnXcvwPd
Post
Topic
BoardBitcoin Discussion
Re: Coinbase co-founder claimed it takes seconds for a transaction to confirm!!!
You'll notice sites like bitpay will automatically mark something as paid as long as the payment contains the right fee and doesn't appear to be malicious.
from what i noticed, even if bitpay marks it as paid, the payment would only be processed by the merchant if it has a specific amount of confirmations, can be adjusted by their control panel.
Post
Topic
BoardBitcoin Discussion
Re: How to Bitcoin Privacy?
by
BlackMachine
on 27/08/2015, 12:22:33 UTC
Privacy is not guaranteed to achieve in Bitcoin without mixing. Bitcoin itself is pseudonymous, meaning no identity is tied to the account. You can usually achieve anonymity if you use a mixer and do not post your address anywhere.
not if when i'm using a new address i also use a new entirely wallet, in this way every new address will not be a input for an old address, and there is no connection whatsoever between any of my address...
...see above, this can simply be avoided by using a new fresh wallet everytime and not simply by creating a new address on the same wallet, in this way there is no connection with hidden address of any kind
And how do you get the funds into that new wallet? You still need to send it there from the old wallet and that will link the two together.
the same way i'm getting my fund in my main wallet, by earning bitcoin directly, so no the wallet will not be connected for any transaction
And how are you going to use a new wallet each time? that seems like a pain in the ass. People should be able to do this by default, newbies deserve anonymity too.
you need only few second to create a new wallet, you know, remove the old one and run core again, done, how can you find this a pain in the ass is beyond me...
you can easily use the money to go through any gambling sites and withdraw it after some time and use tor. creating a wallet isn't mandatory to have anonymity, you can easily just create a new address. core wallet itself integrates the coin choose which allows you to select inputs.
Post
Topic
BoardBeginners & Help
Re: Best Hardware wallet ?
by
BlackMachine
on 29/07/2015, 13:27:37 UTC
Trezor does offer very good security. Many apps also support the trezor itself, making it quite user friendly. Only downside might be the cost, if cost is calculated, a offline raspberry pi would offer excellent security too.
I still use faucet everyday, hwo knows, maybe I will have luck and get higher prize.
sounds like youre using freebitco.in form the latter half of youre post, and ive never seen someone actually get the ~1 BTC (200 USD) prize, wouldnt call it rigged but its definitely unlikely for no one to have hit that.
There is a provably fair button which you can see to know how is the roll chosen. many people just can't be bothered to change it so it may not be very fair. still, the probability of getting the largest payout is low.
You can have as many alt-accounts as you want, as long as you don't use it to deceive,spam,scam or send unsolicited messages.
Quote
Scenario: Ben will just post in Off Topic Section Only
And if "Ben" is only posting in the off-topic section, he shouldn't be here.
It wont matter unless you spam or post crap, i have seen high ranked members that post mostly on off-topic. You can even scam, it wont matter since you dont get banned in this forum for scamming, so you can do whatever you want but dont spam
The difference is that you are linking your accounts up. If you post regularly on one account its somewhat okay but if you farm accounts solely on the intention of selling it, it would be bad. Especially if you are contributing nothing to the community at all.
for btc market i think btc-e is best one. no complicated verification and many form to filled. and for altcoin market i think most of exchange have no complicated verification. like bittrex, c-cex, poloniex, yobit and etc. usually only use email address and password. and for more security better use 2fa like GA or authy
Based on their website,
Quote
Identity verification
Required in case you choose to load your account by wire transfer.To comply with AML/CTF recommendations, we require our clients to verify identity by providing scanned copy of ID and scanned copy of utility bill or a bank statement which should not be older then 6 month. Copy should be in good resolution and colored.
It is only useful if OP isn't using wire transfer. The best bet would be localbitcoins, it doesn't usually require much verification to buy/sell BTC.
i forgot to say, that i withdraw $ on btc-e using voucher code.. so i don't need that verificarion
You can't really do much with that code unless you can find someone to trade it to fiat with you. If so, use kraken for sepa [small amounts] because last time i used it, i could trade without ID verifications or trade using localbitcoins.
If you want a free transaction, leave the inputs there for a while. If the priority is high enough and size is small enough, you can send a no fee transaction.
This is very bad advice considering the inputs used. E.g. one of the inputs was 0.0000864 BTC which would take ~11k days to get a reasonable high priority in order to be send without fee.
1) I was referring to the minimum TX fee for Bitcoin Core (V 0.10) nodes to relay the transaction. Sorry for mixing it up. 2) I was referring to OnkelPaul's advice of the 0.01BTC withdrawal thershold.
In case you missed the memo, the way Bitcoin works now is the code changes are decided by the big players like Coinbase.
No. Code changes are decided by the majority of Bitcoin Nodes. If one side decides to go to one code and the other don't, they will fork. Coinbase can't do anything except manipulating prices.
Post
Topic
BoardBitcoin Technical Support
Re: Copied my blockchain data to run on a new computer but dl's it again
Okay, i've just realized by looking at the blocks/ folder, that the client is indeed re-downloading everything again (no wonder its taking forever) and here's the weird part: It's re-writting and replacing my backup (the entire blockchain I copied). I realized this because from block blk00000.dat to blk00140.dat the date is today, and from 141 to the latest file, the date is from 2 days ago (the last time I used the wallet in my other computer). Why is it doing this? It's like the client didn't recognize the blk files and started from scratch or something.. weird. The backup folder is from the latest version, same wallet etc.. (again its the entire folder). I don't get this.
It is actually not redownloading, it is rebuilding the entire database, which needs to open and read the blk files. This is why the timestamp is changing. If it were re-downloading, it would take much much longer.
I am on the blocks folder with the latest file that has today's date and the size of the file is increasing when I press F5, therefore it is not only opening it but re-downloading it. It's taking forever. This can't be verification only.
You said you copy it 2 days ago and started importing it today. It is possible that it have to also download the blocks that you have missed during the timeframe. Check the logs first.
So now I set faucetbox to send me BTC only if it reaches 0.2 BTC...
0.2 is probably much too high - you will virtually wait forever to get a payout. 0.01 might be reasonable, I think it would result in less than 1% fees for most cases. The recommended fee is about 0.0001 BTC per kbyte of transaction data. One kbyte will normally be enough to handle a number of those small inputs, so for sending anything from 0.01 to maybe 0.15 BTC your fee would be 0.0001.
Onkel Paul
It is actually 0.00001 for nodes to relay your transaction.
If you want a free transaction, leave the inputs there for a while. If the priority is high enough and size is small enough, you can send a no fee transaction.
Post
Topic
BoardBeginners & Help
Re: What is Double Spending and How it can happen?
Since when we send the BTC payment it deduct the BTC amount from the balance. If so how it can happen?
It is a type of exploit. The person sends funds without a transaction fee, then sends again with a fee. The transaction with the fee will get confirmed and the other will eventually get rejected by the network. It can also happen if a mining pook has then 51% of the global hashrate. They would technically be able to chose which transaction were confirmed and which weren't.
But if the network rejects the transaction, then the funds should get returned to the sender. Eventually it will become a scam as the receiver will be waiting for confirmations which will never get done. Am I correct?
One of the either transaction should get confirmed and the other will get forgotten. Both of the transactions should be broadcast at the same time. However, it is pretty hard since nodes will not include the other into their mempool once they see the transaction spends the input that is same as the other transaction. You can still broadcast one of the transaction to 50% of the nodes and another transaction to other 50% of node.
If you make a payment but include 0 fee and have a dust output then perhaps, it won't get confirmed either. I doubt merchants would accept these kind of transaction unless they can't wait for a few seconds or check for competing transactions.
Hi... I send 0.005 BTC to cloud mining and total amount send was 0.0062 (that is 0.0012 fee). It's really a lot ... I study the fees a little and discover that will be fee because it's less than 0.01 but really to much? Can be the fee too high because i receive a lot of transactions what are small as 60 bits? Please explain me it a little bit and please tell me how to avoid it in the future. Thanks a lot.
Sended from blockchain wallet to scrypt.cc and I don't fill miners fee.
If you were to click show scripts and coinbase, you will find lots of inputs. The main reason you are paying so much transaction fees is due to the fact that the transaction size is HUGE. If you want to avoid these fees, combine some transactions into one single transaction first then combine again till it becomes 1 transaction. It can cost you some time but the fees will be significantly lower. Alternatively, set a higher thershold for faucets or you can stop using them altogether. Default fees is 0.00001/kb.
Since the exchange rates are low, many of the major players have opted out of mining. This has eased the competition in that sector. Bitcoin mining is still not profitable for small players. But you don't need to worry about that. When the exchange rates move up again, you will earn hefty profits. The only thing to remember is to not sell all of your coins now, at this exchange rate.
Wouldn't it be a better choice to buy Bitcoins directly? Bitcoin difficulty has slowed down quite a bit but it is still quite high for home miners. You are bound to lose some money if you mine instead of buy Bitcoins when the rates go up. Mining companies ship ASICs slowly too.
Post
Topic
BoardBeginners & Help
Re: What is Double Spending and How it can happen?
Since when we send the BTC payment it deduct the BTC amount from the balance. If so how it can happen?
It is a type of exploit. The person sends funds without a transaction fee, then sends again with a fee. The transaction with the fee will get confirmed and the other will eventually get rejected by the network. It can also happen if a mining pook has then 51% of the global hashrate. They would technically be able to chose which transaction were confirmed and which weren't.
Not all miner will confirm the one with the fee instead of the one without the fee. Some nodes choose to just relay whichever transaction came first and if the transaction with the same UXTO appears, it will not be included in mempool.