Search content
Sort by

Showing 20 of 20,087 results by buwaytress
Post
Topic
Board Gambling discussion
Re: Gambler's Fallacy (and you are committing it all the time)
by
buwaytress
on 10/06/2017, 09:30:47 UTC
We all know this and commit it! I still throw down a x100 bet every now and then when I feel I haven't seen a hit in a long, long time. Even with sports I do the same, especially with high-ratio win teams like Bayern or Barca. When I see a x17 payout and it feels like the big teams are due a loss, I take it. Works out about 50/50 of the time  Grin
Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
buwaytress
on 10/06/2017, 08:25:04 UTC
I received Payment: 14953362 bytes from the airdrop but didn't receive any black bytes. Is there any reason why no blackbytes came?  I bought BYTESA off Trex and also had my BTC wallet correctly added/linked to my wallet. I am thankful for the BYTES just wanted to know where are the blackbytes as it says 0 balance in  Smiley my blackbyte wallet. Also can anyone tell me how much my airdrop is worth? I can't calculate. I am holding them all though not selling. I want to just accumulate now.

1. Blackbytes usually arrive about a day after your byteballs come in.
2. You can do a rough estimation of your value by checking https://coinmarketcap.com/currencies/byteball/. At the moment this means you have about 370,000 satoshi worth.
Post
Topic
Board Trading Discussion
Re: Margin trading. Where to start?
by
buwaytress
on 16/06/2017, 14:29:28 UTC
I was considering poloniex myself, as well as cex and coinbase. Now I am not sure about coinbase, of course. They definitely have hard times. So there are two options left - poloniex and cex.
As far as I know poloniex is among the pioneers for offering margin trading and must have won the audience’s trust. But what attracted me on cex.io is that they claim to use a risk-preventing system that protects your balance from becoming negative.


Both poloniex and cex have this same risk-preventing system (some method of Proof of Solvency) - in fact, I would assume all platforms that offer margin trading have it, since it is firstly to protect themselves and the lenders, in the case of Polo.

With crypto markets extremely volatile, I would highly recommend a practice account on a forex platform first, using the same leverage, before ever trying out crypto.
Post
Topic
Board Bitcoin Discussion
Re: The announcement from Bixin Pool: We support of the upgrade of Bitcoin protocol
by
buwaytress
on 16/06/2017, 18:21:06 UTC
Contention on some phrases aside, which I believe is at least partially owing to language, this is a very healthy move if it is true (especially if the others are following suit). It's pretty rare for the pools from there to be vocal as this, so perhaps we will see more participation and opinion from now on. Could this be partly responsible for today's (inexplicable) rally?

But yes, start signalling support already!
Post
Topic
Board Bitcoin Discussion
Re: WOW!!! New Record 200622 Unconfirmed Transactions
by
buwaytress
on 19/05/2017, 10:41:48 UTC
Well, the one good news is I seem to see fewer empty blocks down the page of 50 most recent blocks. Used to be quite an unhealthy number of them there. Still, at about 3.5 empty blocks per 50 that's still more than 5% capacity that could have been used.
Post
Topic
Board Gambling discussion
Re: Tennis League All Thread
by
buwaytress
on 16/07/2017, 11:52:59 UTC
Am hoping that Roger Federer doesn't go through the same fate as Venus Williams in today's final, he is one of the finest players currently,  he has shown that age is just a number and playing like he is 10 years younger.

It's tempting to bet on Cilic as the Serbian's got 8 years of youth on his side. I'm still putting my money on Fed, partly for nostalgia but partly also because of the immense psychological hurdle that Cilic's going to have - falling 7 out of 8 times against the Swiss champ. I've seen in so many sports like badminton how this "record" keeps coming back to haunt them.

Cilic will burn bright in first and second sets, but Federer's uncanny ability to persist will see him through.
Post
Topic
Board Legal
Re: bitcoins and gambaling in UK
by
buwaytress
on 23/07/2017, 13:53:37 UTC
If you're wondering about the legality of gambling and using crypto in the UK, you'll be glad to know that as a jurisdiction the UK Gambling Commission certainly does recognise Bitcoin as a legitimate form of gambling currency.

Yes, you could easily get away with registering and licensing from a variety of other jurisdictions like Costa Rica, as suggested by others, but if you're setting up a business and are inclined to go with regulation and reputation, a license from the UK GC jurisdiction is worth far, far more than that of say, Costa Rica.
Post
Topic
Board Speculation
Re: This is the final push before the baby Wu comes! lol
by
buwaytress
on 23/07/2017, 18:29:41 UTC
Looks like they're pushing the madam Wu,s belly as a final push to have 2 fat babies coming out 8-9 days from now, people now are buying for 2 reasons, [1]. to have more coins if split happened on both chains as possible.
[2]. to have bought more cheap coins if split was canceled and segwit landed on moon safe and sound.
Both sides are winners, you facking clever emperor Wu.

You might end up being right here. Even if BCC ends up being valued, the price spike caused by extreme buying demand up to that point will more than make up for the drop of both (if this scenario plays up). Then it's just a patient wait for the sure climb again.
Post
Topic
Board Economics
Re: Signature campaign as my job?
by
buwaytress
on 24/07/2017, 11:53:58 UTC
Hey, I am 15 year old and wondering if i can have signature campaign as job, imo yes, because i completed 2 signature campaigns (mobilego and zrcoin) and i got 808 mobilegocoins which is worth about 800 euros, and 54 zrcoins which was worth about 50 euro. What do you think?

Sorry if my english is bad, It is not my language. Sometimes I might mean things other than I wrote

If you're active and spend time on the forum as much as most of us do, there's no harm in being part of a signature campaign. Just make sure it's a project you really support, so it makes sense for you to carry it. But invest in your own future and passion, and get a day job! Treat your earnings here as a nice reward for being active and constructive, otherwise you take away the value of this forum - there's a reason many here think paid sigs are a scourge of this place.
Post
Topic
Board Speculation
Re: Announcements of Exchanges regarding giving bitcoin holders 'their BitcoinCash'
by
buwaytress
on 24/07/2017, 17:07:48 UTC
There are a lot of things that exchanges could do, but don't do.  If people had addresses that would have gained CLAM, then they exchanges could have given them out. They could link wallets to Byteball and give out those too. There are lots of airdrops and now we will have a forked alt coin too.

I think the safest bet for an exchange is to say that they won't give out any of the 'bonus' coins, if you want them, then you have to keep them in your wallet.

Include sites wallets too. Actually, I'm surprised that more haven't taken the Coinbase stance that won't give any options to users to access alternative coins. I don't know any site or exchange that has ever given out "airdrops", but many have now promised to support alternative coins should the fork(s) happen. I suppose it's the ethical thing to do, not that that has ever come into play.
Post
Topic
Board Gambling discussion
Re: Premier League Prediction Thread (EPL)
by
buwaytress
on 25/07/2017, 12:04:34 UTC
We are mostly focused on top teams but I think West Ham is starting to look interesting. They've got Joe Hart in the goal, got Zabaleta in defence so with Ogbonna they look like it will be solid defence line, they are after N'diaye for their midfield improvements but already with Feghouli and Lanzini it looks pretty decent, and up front they've got Arnautovic and will most likely get Chicharito in a few days. They seem like pretty solid team to cause problems even to the teams running for the Premier League title. They can take place in the table of Everton without Lukkaku. I can see them being just behind the top 5.

We're all guilty of overlooking teams that build up quietly. You're on the spot with West Ham, they've got a base to build on and fight for a Europa spot. Everton has also been flexing their newfound financial muscle and must be quietly eyeing top 4 with some eye catching buys.
Post
Topic
Board Trading Discussion
Re: Localbitcoins traders, I need your advice.
by
buwaytress
on 21/07/2017, 07:31:03 UTC
I don't use it very much except to sell my bitcoins at regular intervals for expenses. The only advice I would say is to only fill the online buy orders because of the escrow, where you only release bitcoins after the buyer has paid (in my case I use online bank transfer). I may get about 2-3% less than other offers but I would never make a trade that doesn't use escrow. I recommend that as minimum to prevent being scammed.

I would assume the same for posting sell/buy orders. There are fees involved, but as you'll find on LBC, the fees are priced in anyway, so you're still likely to make more than when using non P2P exchangers.
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
buwaytress
on 05/08/2017, 08:31:11 UTC
Why stop there? If the flag day fork in November is avoided $5 to $10k seems reasonable.

I said I'd post a special gif of myself once we surpass $3000, and this was quite some time ago (I think it was around the first time we hit 29xx on Bitstamp). Here it is:




This week showed that whatever doesn't kill Bitcoin will only make it stronger. I definitely feel $5k is within reason, given everything that's already happened so bring on November! Special gif request please.
Post
Topic
Board Speculation
Re: People selling alts to go back in BTC
by
buwaytress
on 29/03/2017, 17:18:26 UTC
Looks like OP was right. Bitcoin is going up and all alts have been on the red, except 3 big winners:

Bitcoin Plus
Bitcoin Dark
Bitstar

People holding coins got rich last night from those, and they are still looking healthy for the uptrend.
Who they are? its the first time that i read it

just open coinmarketcap.com or any other altcoin exchange there is and sort their lists based on 24 hour change and you will see which coin was the "pump of the day" that day.
and these 3 has been pumped recently. there is no need for you and I to have even heard their names, the pumpers start pumping these coins without any reason. it is all the money they have been earning in the past weeks from big coins that they are now investing in random smaller coins to pump them and increase the profit.

Precisely my thoughts. Coins like these appear out of nowhere and don't particularly need legitimacy (I say this also holding a silly sum of an extremely silly alt that has no reason to live and rise in price other than because someone(s) involved in pumping it). Whatever it is, don't be naive and think you can get into the "game" unscathed. Focus on what's at play for the long term.
Post
Topic
Board Services
Re: PayBis signature campaign [FULL]
by
buwaytress
on 30/03/2017, 08:22:51 UTC

Usually we calculate and send payouts every Monday (9 pm; GMT +2).

Thanks for your suggestion, i am not sure how it will save fees, if you make bulk payment you pay fee for every added address. If you know other way how not to pay fees, please share it Smiley


Hi paybis! You definitely save fees if you do bulk transaction, because, other than the fee you pay per byte, there is also a fixed fee that is added PER transaction. So, making 1 tx means you only pay that fixed fee once. Of course, you still have to pay the fee per byte for all the other inputs you add. Also, this means when you confirm the tx, we all get it at the same time, so there should be fewer complaints.

Maybe if you mention the wallet you are using, we can help you more?
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin: 'Blood Diamonds' Of The Digital Era
by
buwaytress
on 31/03/2017, 14:26:19 UTC
Oh the outrage, the eloquent outrage of false journalists pandering to sensationalist hype that's at least four years old. If only proper media with accredited backgrounds and reputable credentials would write about bitcoin. Oh, wait. Forbes.

Can't blame the journalist for writing what the editors think. For a moment when I read it I thought I was reading about the dollar.
Post
Topic
Board Exchanges
Re: Chinese Bitcoin Exchanges Implement Video Verification to Resume Withdrawals
by
buwaytress
on 30/03/2017, 11:01:34 UTC
Understandable at some point... but when AML/KYC and due diligence for cryptocurrency users far exceeds that of regular fiat or even other forms of electronic currency, it can be a major obstacle for adoption.

I do agree the general user will probably just comply, but I suppose they want to try and take a hit out on suspected activity. This sort of move will only push illegal activity deeper down the rabbit hole.
Post
Topic
Board Micro Earnings
Re: freebitco.in Annual investment
by
buwaytress
on 02/04/2017, 10:06:24 UTC

Is it me or it seems their faucet payouts have been decreasing big time recently. This does not have mean anything but it might be a sign of trouble of shift in their investments. If they keep doing this, people will switch to something else.

It's you and it's not! Yes, it has been decreasing over time, but only because Bitcoin price has been increasing over time. You seem to know about their faucet payouts but perhaps have not been paying attention to what you're actually getting. The payouts are fixed at a fiat price in USD. So the amount of satoshi you get changes each hour based on the price of BTC at the time.
Post
Topic
Board Trading Discussion
Re: Best Investments
by
buwaytress
on 02/04/2017, 16:46:56 UTC
The only way I can see how holders can be involved in trading is simply by lending to margin traders. In theory as I understand, the more there is to borrow, the easier it will be to trade on higher margins and the more traders can be active. I imagine that if a lot more holders loaned out their coins on major exchanges, offering lower interest rates, there could be a positive effect on volume.
Post
Topic
Board Services
Re: PayBis signature campaign [FULL]
by
buwaytress
on 29/03/2017, 11:03:32 UTC
Let me be the first one to inform I got my payment for this past week but why the payment has been reduced?
last week I got 0.0162 btc and this week only 0.0138 btc.Why?

I would also like to report that I have seen the payment tx from two hours ago, only that it hasn't confirmed. As stated earlier, however, I have no issue if this will save OP on fees.

OP, a suggestion. Please amend the payment schedule to say that you will make payments on Tuesdays, and using low fees so expect payments to be delayed. Also, why not make 1 bulk payment to all of us? You'll save on fees that way.

Wapinter: have you been joining this campaign as a hero member without reading the terms? You get paid per accepted post, and you can check the calculations done by looking at the spreadsheet on the first post.