Any INTP knows the odds are against them all the time and that is enough to deter them. But I've always been a gambler. In middle school I got a multigame mini pool table, table tennis, and Roulette wheel and card table. My friends would come over and gamble money or things. My friend's mom disapproved and made him give me some stuff back (haha). I just didn't know I had to rake games to be "the house." In middle school the black kids taught white kids craps and we'd shoot for dollars. I still love a good dice game. We'd have them on payday after close a couple jobs ago. The shit talking is so much better than poker games. In HS I gambled poker and chess a lot. My favorite poker game was played where everyone had 2.25g of shrooms in them. No poker faces and it didn't last that long. Not great at poker. I've gambled on Chess pretty successfully. Not great at Spades. But I'm an INTP and Casinos aren't my thing. Rather gamble at pool at a dive bar. That said I'm doing a lot of sports betting right now. I once read that a professional sports gambler only wins 55% of the time but they have advanced knowledge in props, parlays, hedging etc. I just figured at college and to a lesser extent pro football, I could pick the winner above 55% maybe even against against--the-spread. My favorite former gf was good at betting on the ponies because she was into horses and leased one, so she had similar inside knowledge as someone who's watched football for 25yrs I put $150 deposit and got $165 because they passed some BTC savings onto me. First week I bet the full $165. I remember the bets too. $45 on Duke (Lost but beat the spread) Same with the $45 I put on S. Alabama. $45 on Coastal Carolina who won outright against Kansas $45. Because the house rakes the games I'd only win about $40 off each so that's $270. But I put a $30 parlay on all three winning and won $180. Turned $165 into $360 (not exact--change and some numbers were rounded). I qualified for a bonus $165 for betting everything. That's a cool $425. I thought "Holy Shit I can just go pro" beginners luck. It was also right after I lost my job and I'm moving for a new one mid October. Back to my home city and old neighborhood. Pretty psyched really except moving is a hassle. Two weeks ago lost $70. I thought that comes with the territory of a pro sports better. I broke even last week. This week I chose a new strategy and bet on 7 games instead of 3. Truth was I don't know a certain percentage. I know games I "know" but I only lost $60. It just feels worse because I went 1-6 instead of two weeks ago when I went 1-2. Plus I lose some change on the low probability parlays. The problem is that I just dipped into my other $165 to bet on pro football. Put in a couple bets and a parlay. The winnings get transferred into my main account. I'm still up either $80 in my account (I can't cash in the "free money") My floor is $200 because I wanna make at least $50 off this fun lil exercise but I see how addictive it is for the first time. I even sought out a Bitcoin chess gambling site mainly used by Africans but I don't play because either I'm not better at Chess than Nigerian Royalty or they use chess bots or both. It also was pretty obviously used for money laundering which is what the gambling sites are also used for. Now I'm betting on Sunday football. Not just Saturday. I guess my cashout ceiling is a grand but I don't see that happening haha. Point is that wk2 college football this year was like my first joint, the first time I mixed valium-codeine-and a belt of scotch at 14. The first time I painted something halfway decent under a bridge at 16. The first time I fucked a girl at 17. The first time I had an audience in stitches at 22 (standup). All very pleasurable and only relatively routinely done. Except maybe sex and drugs but they have other major downsides. Hell when I learned to read at 8 I was attached to books my whole life but nobody thinks that's bad. Haha. Do other people gamble? I'm extraverted enough that if someone has dice on the street I'll shoot or if they have a chess game at a coffee shop. I'll bet $20. Best in person bet was with a frenemy in my group who was the epitome of iamverysmart and everyone in my group thought he was a genius. I took $20 off him in front of everyone and he refused to try to win it back. Bad look for him. I hope I can keep it just for fun. Any other INTP gamblers on here? Edit: Forgot to mention I won $400+ in a $20 pool for the 2011 March Madness B-Ball tourney. I watched none of the regular season (like usual) but knew UConn was good but nobody picked them as they were a #3 seed. I didn't win most rounds either. Dumb luck. It's funny that I forgot because it was less recent than that grudge match against that guy I played chess against.
[ Bitcoin ] 544 BTC were traded in Venezuela using LocalBitcoin (up from 394 BTC) last week, buying BTC with FIAT and selling BTC for FIAT. 544 BTC are 1,019,046,000,000 Bs. (Bolivares). One BTC is around 2,100,000,000 Bs. Monthly minimum wage is less than 5 USD (50,000 satoshis)
Happy Tipping Tuesday! Post a comment here and get some free bits. Bitcoin was always meant to be used as a CASH system. Changetip closed down because of high fees, but on BCH we are building again! BCH is the real Bitcoin, and we will spread Economic Freedom worldwide!
There is only one true Bitcoin that follows the definition of Bitcoin as a chain of signatures in satoshi's whitepaper and that is Bitcoin-BCH. Ever since Bitcoin Legacy was attacked and usurped by Bilderberg/AXA and the CIA, they have had a policy of high fees and unreliable transactions. The Cult of Core no longer even advocates Bitcoin as Cash, but instead say its a high fee settlement system, and they look forward to $1000 fees. They have used censorship and propaganda, and dirty tricks like false agreements such as NYA and the Hong Kong fake agreements. They promised block size limit increases along with segwit as a compromise, and then backstabbed us in order to unethically sneak segwit in past Nakamoto consensus without giving any blocksize upgrade. Because of these BlockStream Core policies many companies and services stopped using Bitcoin. Dell stopped accepting it, Rakuten stopped accepting it, Satoshi dice stopped accepting it, mixers closed down, changetip closed down. But on BCH we are building and innovating again. We can finally transact normally again and continue the vision of Satoshi as a world wide cash system that brings economic freedom everywhere. Please post here to get some free bits. Bits is the historical unit for Bitcoin, but it also went extinct from the high fees on BTC-Legacy. Bits can only be feasible on BCH the real Bitcoin with low fees, it just doesn't work on Bitcoin-Legacy anymore. Coinbase and Bitpay had adopted bits before the fees killed it and my hope is they will embrace it for BCH again. There are 1 million bits in a BCH. If newbs have any questions please feel free to ask in the thread as well and get advice on how to use the tip bot, and withdraw to your own wallet. Reddit usage for tippr directions are here: https://www.reddit.com/tippwiki/reddit-usage Information on chaintip the other tip bot is here: https://www.chaintip.org/ I suggest using the Bitcoin.com wallet for withdrawing BCH because they have BCH as default. You may also want to try the Bitpay wallet, which has some added features like a shapeshift button to change your btc-segwits into Bitcoin-BCH (bitcoin.com has this as well), as well as an amazon button to purchase amazon gift cards instantly in the BitPay app using Bitcoin. And there is a bitcoin BitPay debit card option in the app as well. In the BitPay wallet you will need to add the BCH wallet as a second wallet as its not there by default. So press the + symbol and create new personal wallet, then choose coin BCH and back it up. If you need to change between legacy and the new cashaddr format then use this tool: https://cashaddr.bitcoincash.org/ Its a lot of work doing these tipping threads but we were being attacked with fake Tipping Tuesday threads by Core trolls, so someone had to turn up the heat. It takes a lot of energy and funds to do these threads but they seem effective at getting newbs involved and its also good PR for our community. If you like what I am doing, please consider donating, to help keep these things going. tippr stats are here Donation Address: legacy address format: 1FjUvvvaegkCipDDLFVsHeMrSeRCiBnnk3 new cashaddr format: bitcoincash:qzse4z78funz3033ft29lzrlyx3c2ufwyy8m5rgh99
Lastupdated2018-01-29 This post is a collaboration with the Bitcoin community to create a one-stop source for Lightning Network information. There are still questions in the FAQ that are unanswered, if you know the answer and can provide a source please do so!
Lightning Network White Paper - The protocol has changed since this original paper, but covers the mid-level mechanics of the Lightning Network with an emphasis on the smart contracts that make it trustless
If you can answer please PM me and include source if possible. Feel free to help keep these answers up to date and as brief but correct as possible
Is Lightning Bitcoin?
Yes. You pick a peer and after some setup, create a bitcoin transaction to fund the lightning channel; it’ll then take another transaction to close it and release your funds. You and your peer always hold a bitcoin transaction to get your funds whenever you want: just broadcast to the blockchain like normal. In other words, you and your peer create a shared account, and then use Lightning to securely negotiate who gets how much from that shared account, without waiting for the bitcoin blockchain.
Is the Lightning Network open source?
Yes, Lightning is open source. Anyone can review the code (in the same way as the bitcoin code)
Who owns and controls the Lightning Network?
Similar to the bitcoin network, no one will ever own or control the Lightning Network. The code is open source and free for anyone to download and review. Anyone can run a node and be part of the network.
I’ve heard that Lightning transactions are happening “off-chain”…Does that mean that my bitcoin will be removed from the blockchain?
No, your bitcoin will never leave the blockchain. Instead your bitcoin will be held in a multi-signature address as long as your channel stays open. When the channel is closed; the final transaction will be added to the blockchain. “Off-chain” is not a perfect term, but it is used due to the fact that the transfer of ownership is no longer reflected on the blockchain until the channel is closed.
Do I need a constant connection to run a lightning node?
Not necessarily, Example: A and B have a channel. 1 BTC each. A sends B 0.5 BTC. B sends back 0.25 BTC. Balance should be A = 0.75, B = 1.25. If A gets disconnected, B can publish the first Tx where the balance was A = 0.5 and B = 1.5. If the node B does in fact attempt to cheat by publishing an old state (such as the A=0.5 and B=1.5 state), this cheat can then be detected on-chain and used to steal the cheaters funds, i.e., A can see the closing transaction, notice it's an old one and grab all funds in the channel (A=2, B=0). The time that A has in order to react to the cheating counterparty is given by the CheckLockTimeVerify (CLTV) in the cheating transaction, which is adjustable. So if A foresees that it'll be able to check in about once every 24 hours it'll require that the CLTV is at least that large, if it's once a week then that's fine too. You definitely do not need to be online and watching the chain 24/7, just make sure to check in once in a while before the CLTV expires. Alternatively you can outsource the watch duties, in order to keep the CLTV timeouts low. This can be achieved both with trusted third parties or untrusted ones (watchtowers). In the case of a unilateral close, e.g., you just go offline and never come back, the other endpoint will have to wait for that timeout to expire to get its funds back. So peers might not accept channels with extremely high CLTV timeouts. -- Source
What Are Lightning’s Advantages?
Tiny payments are possible: since fees are proportional to the payment amount, you can pay a fraction of a cent; accounting is even done in thousandths of a satoshi. Payments are settled instantly: the money is sent in the time it takes to cross the network to your destination and back, typically a fraction of a second.
Does Lightning require Segregated Witness?
Yes, but not in theory. You could make a poorer lightning network without it, which has higher risks when establishing channels (you might have to wait a month if things go wrong!), has limited channel lifetime, longer minimum payment expiry times on each hop, is less efficient and has less robust outsourcing. The entire spec as written today assumes segregated witness, as it solves all these problems.
Can I Send Funds From Lightning to a Normal Bitcoin Address?
No, for now. For the first version of the protocol, if you wanted to send a normal bitcoin transaction using your channel, you have to close it, send the funds, then reopen the channel (3 transactions). In future versions, you and your peer would agree to spend out of your lightning channel funds just like a normal bitcoin payment, allowing you to use your lightning wallet like a normal bitcoin wallet.
Can I Make Money Running a Lightning Node?
Not really. Anyone can set up a node, and so it’s a race to the bottom on fees. In practice, we may see the network use a nominal fee and not change very much, which only provides an incremental incentive to route on a node you’re going to use yourself, and not enough to run one merely for fees. Having clients use criteria other than fees (e.g. randomness, diversity) in route selection will also help this.
What is the release date for Lightning on Mainnet?
Would there be any KYC/AML issues with certain nodes?
Nope, because there is no custody ever involved. It's just like forwarding packets. -- Source
What is the delay time for the recipient of a transaction receiving confirmation?
Furthermore, the Lightning Network scales not with the transaction throughput of the underlying blockchain, but with modern data processing and latency limits - payments can be made nearly as quickly as packets can be sent. -- Source
How does the lightning network prevent centralization?
How would the lightning network work between exchanges?
Each exchange will get to decide and need to implement the software into their system, but some ideas have been outlined here: Google Doc - Lightning Exchanges Note that by virtue of the usual benefits of cost-less, instantaneous transactions, lightning will make arbitrage between exchanges much more efficient and thus lead to consistent pricing across exchange that adopt it. -- Source
How do lightning nodes find other lightning nodes?
Does every user need to store the state of the complete Lightning Network?
According to Rusty's calculations we should be able to store 1 million nodes in about 100 MB, so that should work even for mobile phones. Beyond that we have some proposals ready to lighten the load on endpoints, but we'll cross that bridge when we get there. -- Source
Would I need to download the complete state every time I open the App and make a payment?
No you'd remember the information from the last time you started the app and only sync the differences. This is not yet implemented, but it shouldn't be too hard to get a preliminary protocol working if that turns out to be a problem. -- Source
What needs to happen for the Lightning Network to be deployed and what can I do as a user to help?
Lightning is based on participants in the network running lightning node software that enables them to interact with other nodes. This does not require being a full bitcoin node, but you will have to run "lnd", "eclair", or one of the other node softwares listed above. All lightning wallets have node software integrated into them, because that is necessary to create payment channels and conduct payments on the network, but you can also intentionally run lnd or similar for public benefit - e.g. you can hold open payment channels or channels with higher volume, than you need for your own transactions. You would be compensated in modest fees by those who transact across your node with multi-hop payments. -- Source
Is there anyway for someone who isn't a developer to meaningfully contribute?
Sure, you can help write up educational material. You can learn and read more about the tech at http://dev.lightning.community/resources. You can test the various desktop and mobile apps out there (Lightning Desktop, Zap, Eclair apps). -- Source
Do I need to be a miner to be a Lightning Network node?
Do I need to run a full Bitcoin node to run a lightning node?
lit doesn't depend on having your own full node -- it automatically connects to full nodes on the network. -- Source LND uses a light client mode, so it doesn't require a full node. The name of the light client it uses is called neutrino
How does the lightning network stop "Cheating" (Someone broadcasting an old transaction)?
Upon opening a channel, the two endpoints first agree on a reserve value, below which the channel balance may not drop. This is to make sure that both endpoints always have some skin in the game as rustyreddit puts it :-) For a cheat to become worth it, the opponent has to be absolutely sure that you cannot retaliate against him during the timeout. So he has to make sure you never ever get network connectivity during that time. Having someone else also watching for channel closures and notifying you, or releasing a canned retaliation, makes this even harder for the attacker. This is because if he misjudged you being truly offline you can retaliate by grabbing all of its funds. Spotty connections, DDoS, and similar will not provide the attacker the necessary guarantees to make cheating worthwhile. Any form of uncertainty about your online status acts as a deterrent to the other endpoint. -- Source
How many times would someone need to open and close their lightning channels?
You typically want to have more than one channel open at any given time for redundancy's sake. And we imagine open and close will probably be automated for the most part. In fact we already have a feature in LND called autopilot that can automatically open channels for a user. Frequency will depend whether the funds are needed on-chain or more useful on LN. -- Source
Will the lightning network reduce BTC Liquidity due to "locking-up" funds in channels?
When setting up a Lightning Network Node are fees set for the entire node, or each channel when opened?
You don't really set up a "node" in the sense that anyone with more than one channel can automatically be a node and route payments. Fees on LN can be set by the node, and can change dynamically on the network. -- Source
Can Lightning routing fees be changed dynamically, without closing channels?
Yes but it has to be implemented in the Lightning software being used. -- Source
How can you make sure that there will be routes with large enough balances to handle transactions?
You won't have to do anything. With autopilot enabled, it'll automatically open and close channels based on the availability of the network. -- Source
How does the Lightning Network stop flooding nodes (DDoS) with micro transactions? Is this even an issue?
The /r/XboxOne Game Of The Year Awards 2017 - RESULTS!
Seasons greetings /XboxOne! Thankyou once again for an amazing turnout of voters this year! We had a total of 10,103 responses - And upon removing the 6,822 naughty votes from people who thought they could bot the system (tisk tisk) we arrived at the grand total of 3,281 respondents!
A big thanks to all of you who took the time to fill out the survey.
On with the show!! As always - The votes have been counted correctly, altered based on my own personal bias and edited to reflect the juicy bribes I received in bitcoin and anime hug pillows from publishers. Each winner has been given a prestigious and totally not imaginary /XboxOne exclusive "award", and are celebrated below. As a heads up - By their very nature, these awards will contain mild spoilers. You have been warned BEST SHOOTER
Wolfenstein 2: The New Colossus
Blasting Nazis, robot dogs and the KKK with death lasers in a fictional alternate reality 1960s America? Whats not to love here?! The man who starred in the very first FPS game as we know them; B.J Blazkowicz returns and sets the record straight on just how the shooter genre is done. BEST RPG
Assassins Creed: Origins
Something of a surprise winner this year - The AC series is not known for its RPG flair, but Ubisoft went back to the drawing board with the newest instalment of the franchise and re-imagined AC as a sprawling, open world RPG set in ancient Egypt. Well done Ubisoft. Despite very strong competition from South Park: The Fractured, But Whole, you managed to take the win! Just don't get comfortable in your seats - I have a feeling we will see you back on the award stage very soon... BEST ACTION/ADVENTURE
Assassins Creed: Origins
And by very soon - I mean right now... Never before have we awarded the Action Adventure AND Role Playing Game trophies to the same game - But then again, never before has a game managed to fuse open-world action, platforming and adventure quite so well into a deep RPG system. Truly a new benchmark for the open world genre, AC:O smashed its second-place rival, Shadow of War by over a thousand votes and adds another feather in its hat. BEST NARRATIVE
Wolfenstein 2: The New Colussus
4 awards given out and only 2 games mentioned. Despite very healthy competition in this award from many games, Wolfenstein 2 managed to narrowly outpace its nearest rival, Prey and take the win. Violent, ridiculous and funny - But also poignant, emotional and surprisingly human. Wolfenstein 2 takes one of the most ridiculous storeys ever told in gaming and makes it feel real. BEST FREE TO PLAY GAME
Fortnite: Battle Royale
This was not even a question in the minds of you guys. Epic's somewhat ahemfamiliar take on the battle royale genre utterly decimated the competition this year. Just goes to show that when your original game idea is tanking, there are much worse things you can do than rebuild your game into cartoony PUBG meets Minecraft. Nice one Epic. BEST SINGLE PLAYER CAMPAIGN
Assassins Creed: Origins
This was a close one! Going head to head with Wolfenstein 2 yet again, the sandy expanses of the assassins creed world were just enough to push it into the winning position, by less than 30 votes! The trials and tribulations of Bayek of Siwa were enough to win award number 3 for Ubisoft this year. BEST MULTIPLAYER
Get ready to drop. Not surprisingly, PUBG wins best multiplayer this year. The Xbox is known as the "shooters console" and PUBG is currently the most popular shooter in the entire world - With a staggering 10%+ of all PC gamers on steam having played it (Making it the 6th most popular PC game in the world). It only makes sense that Xbox gamers would catch PUBG mania as well. Congratulations Bluehole! BEST SPORTS GAME
Oh hey, it's that genre that FIFA wins every year! Football is the worlds most popular sport, so it would only make sense that it would be the most popular sports video game as well. In fact, the only gaming franchise that sells more on console than FIFA is COD. Well done EA. Next year we will ship your award early to save time. BEST DRIVING/RACING GAME
Forza Motorsport 7
Oh hey, it's that genre that Forza wins every year! Seriously though, Forza is the undisputed king of racing games. No other racing game series on any other platform comes close to the quality and frequency of releases that the Forza team manage every year. This year was no exception, with FM7 being used as the poster boy for the Xbox One X 4K, 60FPS HDR miracle. Turn 10 utterly obliterated the competition this year by over THREE THOUSAND votes. Possibly the widest margin of victory we have ever seen. Rekt. BEST PLATFORMER
Let's be real for a second - As a pure platformer, Cuphead is average at best. But in its own genre of "Artistic tour de force bullet hell cross boss rush cross platformer cross dark souls with incredible music" - It has no equal. The blue hedgehog made a come back this year with the incredible Sonic Mania, which did VERY well in votes, but it wasn't even close to knocking the crown off of the cup's head. Well done Studio MDHR. BEST HORROR GAME
Resident Evil 7
Resident Evil is the king of the survival horror genre. After years and years of poorly performing sequels, the team went back to the drawing board and re-designed just what it is that makes a Resident Evil game. Despite changing everything from the setting, to the story, to even the player perspective - RE7 Still somehow managed to feel like Resident Evil. On top of that, it was one of the best horror games released this year. Prey and The Evil Within 2 managed to actually tie for second place, but they must both bow before the king. A true return to form from Capcom. BEST SOUNDTRACK
Possibly by virtue of being one of the most original soundtracks in gaming, Cuphead stunned everyone with its old-timey Big Band and Barbershop soundtrack. Noticeable competition came from Prey, which was composed by Mick Gordon (Who won last year's best soundtrack award for DOOM) and Destiny 2 - But they weren't enough to overcome the originality and awesomeness that was Cuphead's soundtrack. Also worth noting that this song is actually sung by a woman. The incredibly talented Alana Bridgewater. BEST "GAME PREVIEW PROGRAM" (EARLY ACCESS) GAME
Award number two for the innovative new franchise. Despite its technical and performance issues on release, the game is still fun enough for the VAST majority of you to overlook. They earned this particular chicken dinner by over 2 thousand votes. Tasty. BEST SOUND DESIGN
Star Wars Battlefront 2
Despite the controversy surrounding the Battlefront series - There is one thing that nobody of sound mind can ever fault the series, and indeed DICE studios themselves for. Sound Design. The pew pew of the blasters, the whroom of the light sabres and the skreeeeeuummmmm of tie fighters all coming through JUST right. Oh, and who could forget the almighty thermal impolder... BEST GRAPHICS
Assassins Creed: Origins
This game is simply stunning. In 4K HDR on the Xbox One X - There is arguably no better-looking game in existence right now. Incredible texture detail, stunning vistas, built up cities, sweeping sand dunes, a draw distance that stretches to infinity and historical accuracy so legit that you can play the game with an Egyptology book on hand and actually compare visual notes and translate the real hieroglyphics. AC:O is one hell of a pretty game. Battlefront 2 put up a good fight, but it was no match for that Ubisoft magic. THE "SHOULD HAVE BEEN DELAYED" AWARD
Mass Effect: Andromeda
Mass Effect: Andromeda was, in what is retrospectively the height of irony, delayed more than once by EA who claimed "We’re willing to make moves in launch dates if we feel that it’s necessary to deliver the right player experience" after their first 5-month delay. It seems that wasn't quite enough. Bad characters, Bad Plot, Bad Glitches - The ME Series hit an all-time low with this instalment. Causing such a stir as to have EA gut the entire development team and then to declare that the Mass Effect franchise is to be shelved indefinitely. Ouch... BEST FREE GAME WITH GOLD
Ryse: Son of Rome
We live in a post Pool Nation FX world. Gaming has peaked. Since then we shamble about aimlessly, lost and alone. We make do with what we are given. Ryse: Son of Rome was a launch game for the Xbox One, that Meme'd on this subreddit only second to PNFX. With weekly threads asking for it to be a GWG, Numerous rumours and hoaxes - The madmen finally did it and gave it to us. So that's it. We defeated Microsoft and have no games left to meme... Soldiers without a war. Is there truly a place left for us in this world? Oh, and the game is alright I guess. MOST BANG-ABLE CHARACTER
The "Retry" button - Cuphead
Easily one of the most smashed menu options in recent memory. This filthy harlot was always there, ready for you to fail. You hated yourself for going back to its arms - But it was always there when you needed it. In the back of your mind, you knew this was an abusive relationship, but nobody truly knows you like the Retry button. Every time you press it, you swear to yourself that was the last time. That is until the next time... Also as always, my mother was a strong contender in the "Other" category, as well as MajorNelson and the Puddle Slime from Slime Rancher. PS - My... uhh... friend says thanks for those fursona pictures. MOST HATED CHARACTER
This was a polarising choice. Seemingly Bungie managed to accomplish the impossible by irritating both the hardcore Destiny 1 fanbase AND the casual audience with a cavalcade of "downgrades", controversies and poor press. From being caught stripping down content to be re-sold as microtransactions through to skimming EXP from players - Destiny 2 has not been a smooth ride. Not even Starwars Battlefront 2 came close to the level of regret felt by long-time Bungie fans.... Again... BEST CONSOLE EXCLUSIVE
What is left for me to say here? Cuphead is one of the most original, well executed and highly decorated games of the year. A stunning achievement for indie developers Studio MDHR - They even got props from the prime minister of Canada himself! Congratulations again guys. You crafted a fun and unique game that took the old school and somehow made it new school. A game that no Xbox One owner should be without, Cuphead is a triumph in every sense of the word. OVERALL BEST GAME OF THE YEAR 2017
Assassins Creed: Origins
Another Close one! With Cuphead and Wolfenstein 2 hot on its heels, it was once again Assassins Creed: Origins that managed to edge ahead of the crowd by a MEASLY 82 votes to pick up its 6th award this year - Making it the most highly decorated game in /XboxOne history. Here is what the results looked like: https://i.imgur.com/rnzBiXH.jpg There seems to be no question at all on your minds as to what the essential game of 2017 is for every Xbox One owner. That game is Assassins Creed: Origins. Ubisoft took a year off in order to make the best new AC game they could and it is obvious that that little extra layer of TLC was exactly what the series needed. If you are a fan of action games, platformers, stealth, hack and slash combat, open world exploration, RPG mechanics, loot, crafting or even just a history buff - You owe it to yourself to play this game. Particularly in 4K HDR on the Xbox One X. Congratulations Ubisoft on your first ever big win on the sub! A big thanks to everyone who voted once again! Looking forward to 2018's wild ride! Love - The mod team.
**Last updated: May 30, 2018: Updated wallet info with release of Trinity. This 4 part series from the IOTA foundation covers most of the technical FUD centered at IOTA. https://blog.iota.org/official-iota-foundation-response-to-the-digital-currency-initiative-at-the-mit-media-lab-part-1-72434583a2 Also the official IOTA faq on iota.org answers nearly all of these questions if you want to hear the answers directly. Purpose of Writing Since posting FUD is so ridiculously low-effort in comparison to setting the record straight, I felt it necessary to put a log of copy-pastas together to balance the scales so its just as easy to answer the FUD as it was to generate it. So next time you hear someone say "IOTA is centralized", you no longer have to take an hour out of your day and spin your wheels with someone who likely had an agenda to begin with. You just copy-paste away and move on. It's also worth mentioning IOTA devs are too damn busy working on the protocol and doing their job to answer FUD. So I felt a semblance of responsibility. Here they are. These answers are too my understanding so if you see something that doesn't look right let me know! They are divided into the following categories so if you are interested in a specific aspect of IOTA you can scroll to that section. 1) WALLET 2) COMMUNITY 3) INVESTING 4) TECHNICAL
IOTA was hacked and users funds were stolen!
First, IOTA was not hacked. The term “hacked” is thrown around way too brazingly nowadays and often used to describe events that weren’t hacks to begin with. Its a symptom of this space growing way too fast creating situations of the blind leading the blind and causing hysteria. What happened: Many IOTA users trusted a certain 3rd party website to create their seed for their wallets. This website silently sent copies of all the seeds generated to an email address and waited till it felt it had enough funds, then it took everyones money simultaneously. That was the ”hack”. https://blog.iota.org/the-secret-to-security-is-secrecy-d32b5b7f25ef The lesson: The absolute #1 marketed feature of crypto is that you are your own bank. Of everything that is common knowledge about crypto, this is at the top. But being your own bank means you are responsible for the security of your own funds. There is no safety net or centralized system in place that is going to bail you out. For those that don’t know (and you really should if you’ve invested in anything crypto), your seed is your username-pw-security question-backup email all rolled into one. Would you trust a no-name 3rd party website to produce your username+pw for your bank account? Because thats essentially what users did. The fix: Make your seed offline with the generators in the sidebar or use dice. This is outlined in the “how to generate wallet and seed” directly following. The trinity and carriota wallets will have seed generators within them upon their release.
How to generate wallet and seed
1) Download official trinity wallet here 2) follow the instructions on the app. 3) Do not run any apps in conjunction with the trinity app. Make sure all other apps are completely closed out on your device.
Are you sure a computer can’t just guess my seed?
An IOTA seed is 81 characters long. There are more IOTA seed combinations than atoms in the universe. All the computers in the world combined would take millions billions of years just to find your randomly generated one that’s located somewhere between the 0th and the 2781st combination. The chance for someone to randomly generate the exact same seed as yours is 1 / (2781). If you can’t fathom the number 27 ^ 81, this video should help: https://www.youtube.com/watch?v=p8YIdmwcubc
Download Bolero and run! Bolero is an all-in-one full node install package with the latest IOTA IRI and Nelson all under a one-click install! https://github.com/SemkoDev/bolero.fun/releases "If you want to help the network then spam the network. If you really want to help the network then create a full node and let others spam you!"
No questions or concerns get upvoted, only downvoted!
That’s just the nature of this business. Everyone in these communities has money at stake and are extremely incentivized to keep only positive news at the top of the front page. There is nothing you're going to do about that on this subreddit or any crypto subreddit. It's just a reddit fact of life we have to deal with. Everyone has a downvote and everyone has an upvote. But what can be done is just simply answer the questions even if they are downvoted to hell. Yea most people wont' see the answers or discussion but that one person will. every little bit counts. I will say that there are most certainly answers to nearly every FUD topic out there. Every single one. A lot of the posts I'm seeing as of late especially since the price spike are rehashed from months ago. They are often not answered not because there isn't an answeexplanation, but because regulars who have the answers simply don't see them (for the reason listed above). I can see how it's easy for this to be interpreted (especially by new users) as there not being an answer or "the FUDsters are on to something" but thats just not the case.
IOTA Devs do not respond appropriately to criticism
When critiquers provide feedback that is ACTUALLY useful to the devs, then sure they'll be glad to hear it. So far not once has an outside dev brought up something that the IOTA devs found useful. Every single time it ends up being something that was already taken into consideration with the design and if the critiquer did an ounce of research they would know that. Thus you often find the IOTA devs dismissing their opinion as FUD and responding with hostility because all their critique is really doing is sending the message to their supporters that they are not supposed to like IOTA anymore. Nick Johnson was a perfect example of this. The Ethereum community was co-existing [peacefully]with IOTA’s community (as they do with nearly all alt coins) until Nick wrote his infamous article. Then almost overnight Ethereum decided it didn’t like IOTA anymore and we’ve been dealing with that shit since. As of today, add LTC to that list with Charlie’s (even admitting) ignorant judgement of IOTA. 12/17/2017: Add John McAfee (bitcoin cash) and Peter Todd (bitcoin) to the list of public figures who have posted ignorantly on IOTA.
A lot of crypto communities certainly like to hate on IOTA...
IOTA is disrupting the disrupters. It invented a completely new distributed ledger infrastructure (the tangle) that replaces the blockchain and solves all of its fundamental problems (namely fees and scaling). To give you an idea of this significance, 99% of the cryptocurrencies that exist are built on a block chain. These projects have billions of dollars invested into them meaning everyone in their communities are incentivized to see IOTA fail and spread as much FUD about it as possible. This includes well known organizations, public figures, and brands. Everyone commenting in these subreddits and crypto communities have their own personal money at stake and skin in the game. Misinformation campaigns, paid reddit posters, upvote/downvote bots, and corrupt moderators are all very real in this space.
All IOTAs that will ever exist were sold at the ICO in 2015. There was no % reserved for development. Devs had to buy in with their personal money. Community donated back 5% of all IOTA so the IOTA foundation could be setup.
No inflation schedule? No additional coins? How is this sustainable?
Interestingly enough, IOTA is actually the only crypto that does not run into any problems with a currency cap and deflationaryism. Because there are zero fees, you will always be able to pay for something for exactly what it's worth using IOTA, no matter how small the value. If by chance in the future a single iota grows so large in value that it no longer allows someone to pay for something in fractions of a penny, the foundation would just add decimal points allowing for a tenth or a hundreth or a thousandth of an iota to be transacted with. To give you some perspective, if a single IOTA equals 1 penny, IOTA would have a 27 trillion dollar market cap (100x that of Bitcoin's today)
IOTA is not for P2P, only for M2M
With the release of the trinity wallet, it's now dead simple for anyone to use IOTA funds for P2P. Try it out.
Companies technically don’t have to use the IOTA token
Yes they do Worth clarifying that 0 iota data transactions are perfectly fine and are welcomed since they still provide pow for 2 other transactions and help secure the network. In the early stages, these types of transactions will probably be what give us the tps/pow needed to remove the coordinator and allow the network defend 34% attacks organically. But... if someone does not want to sell or exchange their data for free (0 IOTA transaction), then Dominic is saying that the IOTA token must be used for that or any exchange in value on the network. This is inherently healthy for the ecosystem since it provides a neutral and non-profit middle ground that all parties/companies can trust. If one company made their own token it wouldn’t be trusted since companies are incentivized by profits and nothing is stopping them from manipulating their token to make them more money. Thus, the IOTA foundation will not partner with anyone who refuses to take this option off the table.
All these companies are going to influence IOTA development!!
These companies have no influence on the development of IOTA. They either choose to use it or they don’t.
Internet of things is cheap and will stay cheap
Internet of things is one application of IOTA and considered by many to be the 4th industrial revolution. Go do some googling. IOTA having zero fees enables M2M for the first time in history. Also, if a crypto can do M2M it sure as shit can do M2P and P2P. M2M is hard mode.
Investing in a project in its early stages was something typically reserved for wealthy individuals/organizations before ICO’s became a thing. With early investing comes much less hand holding and more responsibility on the user to know what they are doing. If you have a hard time accepting this responsibility, don’t invest and wait for the technology to get easier for you. How many people actually knew how to use and mine bitcoin in 2009 before it had all its gui infrastructure? IOTA is a tangle, the first of its kind. NOT a copy paste blockchain. As a result wallets and applications for IOTA are the first of their kind and translating the tangle into a nice clean user-friendly blockchain experience for the masses is even more taxing.
Why is the price of my coin falling?!
This may be the most asked question on any crypto subreddit but it's also the easiest to explain. The price typically falls when bad things happen to a coin or media fabricates bad news about a coin and a portion of investors take it seriously. The price increases when good things happen to a coin, such as a new exchange listing or a partnership announced etc.. The one piece that is often forgotten but trumps all these effects is something called "market forces". Market forces is what happens to your coin when another coin gets a big news hit or a group of other coins get big news hits together. For example, when IOTA data marketplace released, IOTA hit a x5 bull run in a single week. But did you notice all the other alt coins in the red? There are a LOT of traders that are looking at the space as a whole and looking to get in on ANY bull action and will sell their other coins to do so. This effect can also be compounded over a long period of time such as what we witnessed when the bitcoin fork FOMO was going on and alt coins were squeezed continuously to feed it for weeks/months. These examples really just scratch the surface of market forces but the big takeaway is that your coin or any coin will most certainly fall (or rise) in price at the result of what other coins are doing, with the most well known example being bitcoin’s correlation to every coin on the market. If you don't want to play the market-force game or don't have time for it, then you can never go wrong buying and holding. It's also important to note that there are layers of investors. There's a top layer of light-stepping investors that are a mixture of day traders and gamblers trying to jump in and jump out to make quick money then look for the next buying (or shorting) opportunity at another coin. There's a middle layer of buyers and holders who did their research, believe in the tech and placing their bets it will win out in the long run. And the bottom layer are the founders and devs that are in it till the bitter end and there to see the vision realized. When a coin goes on a bull run, always expect that any day the top layer is going to pack up and leave to the next coin. But the long game is all about that middle layer. That is the layer that will be giving the bear markets their price-drop resistance. That is why the meme "HODL" is so effective because it very elegantly simplifies this whole concept for the common joe and makes them a part of that middle layer regardless if they understand whats going on or not.
How is IOTA free and how does it scale
IOTA is an altruistic system. Proof of work is done in IOTA just like bitcoin. Only a user’s device/phone must do pow for 2 other transactions before issuing one of its own. Therefore no miners and no fees. And the network becomes faster the more transactions are posted. Because of this, spamming the network is encouraged since they provide pow for 2 other transactions and speed up the network.
IOTA is centralized
IOTA is more decentralized than any blockchain crypto that relies on 5 pools of miners, all largely based in China. Furthermore, the coordinator is not a server in the dev’s basement that secretly processes all the transactions. It’s several nodes all around the globe that add milestone transactions to show the direction of the IF’s tangle within the DAG so people don’t accidentally follow a fork from a malicious actor. Anyone with the know-how can fork the tangle right now with a double-spend. But no one would follow their fork because the coordinator reveals which tangle is the legit IF one. If the coordinator wasn’t there (assuming low honest-transaction volume), there would be no way to discern which path to follow especially after the tangle diverges into forks of forks. Once throughout of honest transactions is significant enough, the “honest tangle” will replace the coordinated one and people will know which one to follow simply because it’s the biggest one in the room. Referencing the coordinator is also optional. Also, if you research and understand how IOTA intends to work without the coordinator, it’s easier to accept it for now as training wheels. I suggest reading pg 15 and on of the white paper analyzing in great depth how the network will defend different attack scenarios without a coordinator. For the past several months, IOTA foundation has been using St Petersburg college’s super computer to stress test IOTA and learn when they can turn the coordinator off. There will likely be a blog about the results soon. This is another great read covering double spends on IOTA without a coordinator: www.tangleblog.com/2017/07/10/is-double-spending-possible-with-iota/ This too: http://www.reddit.com/Iota/comments/7eix4a/any_iota_guru_that_can_explain_what_this_guy_is/dq5ijrm Also this correspondence with Vitalik and Come_from_Beyond https://twitter.com/DavidSonstebo/status/932510087301779456 At the end of the day, outstanding claims require outstanding evidence and folks approaching IOTA with a “I’ll believe it when I see it” attitude is completely understandable. It’s all about your risk tolerance.
Masked authenticated messages exist right now so data can be transferred privately. Very important for businesses.
Centralized coin mixer is out that foundation runs. Logs are kept so they can collect data and improve it Folks can copy the coin mixer code and run it themselves. Goal is for mixer to be decentralized and ran by any node.
How do nodes scale? How on earth can all that data be stored?
Full nodes store, update and verify from the last snapshot, which happens roughly every month. Its on the roadmap to make snapshotting automatic and up to each full node’s discretion.With automatic snapshots, each full node will act as a partial perma-node and choose when to snapshot its tangle data. If someone wants to keep their tangle data for several months or even years, they could just choose not to snapshot. Or if they are limited on hard drive space, they could snapshot every week. Perma-nodes would store the entire history of the tangle from the genesis. These are optional and would likely only be created by companies who wish to sell historical access of the tangle as a service or companies who heavily use the tangle for their own data and want to have quick, convenient access to their data’s history. Swarm nodes are also in development which will ease the burden on full nodes. https://blog.iota.org/iota-development-roadmap-74741f37ed01
Lost basically my entire investment last night being very stupid. Don't make my mistakes.
Please try to learn from my story. I tried to make it a video, but I am not that great on camera, so I just made a short video just introducing myself here: youtube-link
Right now I am sick to my stomach, I cannot sleep, and can barely function. After losing money left and right, I finally tipped last night and lost the last bit of a big chunk of my savings that I had ‘invested’ in Cryptos. This story is very hard for me to tell, because I am ashamed. Ashamed of how naive I have been, and how I made mistake, after mistake, after mistake. Saving the dumbest mistake for the last.
A bit about me, just so you can see this could happen to anyone. My name is Ryan and I am from Canada, so don’t get too confused if I sometimes talk in CAD and sometimes in USD. I am typically a logical person, I have a degree in Computer Science, and I was always the guy saving his money. Not to the point of being cheap, but I wouldn’t spend money on myself, I would skip going out for lunch, or walk \ take the bus somewhere to save that extra cash. And in the past, I made incredibly risk averse investments, to the point of getting beat out by inflation most of the time.
Story starts about 2 months ago when I hear that Bitcoin was at around $4400, I had heard about it many times before, but as I said, I was never the one to risk investing. Finally I took the plunge, and invested my savings, many thousands into ETH and BTC. My plan was just to buy ‘safe’ coins, and invest long term. I didn’t expect to get rich anytime soon…
Soon after I did this, the crypto markets tanked. Im sure you all remember, everything fell to around the BTC $3000 and lower, I lost a ton. Not being used to this, I started scrambling to figure out how I could make it back, no idea if BTC would rise back up. I started ‘day trading’ cryptos, but I somehow made every mistake. At first I was buying based on if I thought the coin had actual merit, and a real use case (ripple, LTC, WTC, some ICOs etc.). But I just lost money, seemed I bought everything when it was up. My ICOs (like LAT) would end up being worth ½ of what I paid for them or less. Even my ETH, something I thought for sure would hold more value than BTC, was staying below my buy in point of around $340. When BTC started going back up, most of my portfolio was in other coins! I was too slow to react. Losing more money. So then I stepped back and thought, okay if this isn’t working how are other ppl making money? Sounds logical right?
After lurking on reddit, it seemed like rumours were really running most of the markets, they didn’t always pan out, but when they did it was big. This could have just been the small sample size I was looking at, but it felt real to me. So I started looking for rumours, and of course I lost more money. At this point I am starting to get desperate to make my funds back, I had tried scraping the markets volatility a bit before. Just place a sell order a bit above the market and then a buy order a bit below. But it only kinda worked, I would win some, but in general I didn’t have the time or the money to put into it. So I figured maybe there are bots that I can get to do this. Again I wasn’t thinking of getting rich overnight, just slowly making my money back. This is how I lost another big chunk. After googling for some bots I found a site called Carismo.biz that you would just invest your funds with them and they would use bots to make you money. Makes sense, but I was still skeptical of course. I tried with a smallish investment, and it actually started working. Not super fast, but fast enough that it had me hooked. I invested more. Till one day the site just stopped working... It was gone, all gone.
After some searching I found a whole other market of what they call HYIPs, but that’s a very friendly name for them. As should have been obvious to me... they are pyramid or ponzi schemes. The site exists for just long enough to get noticed, paying ppl with funds that others invest, then it vanishes with everyone's money.
So now, I am just emotional, making choices with little or no consequence. Still following rumours cause I figure what the hell, it could work? Late last night I moved a bunch of money onto yobit.net because there was some coin that I was hearing rumours about, who even knows what coin it was now. I noticed they had a Dice Game, with no limit. Just press a button and you have a 48% chance to double your money... I didn’t lose it all at once, that would have been too easy. I knew the basic but seemly ‘foolproof’ Fibonacci or martingale strategy. Add the last 2 or more losses together, and keep betting higher and higher only when you lose sequentially. I would start at 0.0001BTC and that way my limit was high enough that I had to come out ahead… it worked for a few hours, I was up 0.2BTC or so or about $1200. Amazing! But this was no where near the amount I had lost over the last few days \ months, so I kept going. But eventually the streak hit, I bet more and more to recoup it, until I was at 0.64BTC for one roll, but enough lost bets before that to double it. I wasn’t even thinking about this being my last full BTC, and how much it was worth. I don’t know what came over me, I should have stopped long before that number, I should have never even started. It was just so easy to hit ‘Roll’. I was blind. I lost ~$8000 instantly. Might not seem like a lot of money to some of you, but I know to others it’s massive, and I am one of those.
I stayed home from work today to write this, I knew there was no way I could face anything after these mistakes. Hopefully someone else can learn from this. I am sure this story or something similar has happened to others before. But you do not hear it enough. The shame stops you from telling it.
Today my portfolio is about 0.4 of a BTC, a little ETH and a handful of ico coins, who knows what will happen with them. I am not sure what to do. If anyone has any advice or help they could give me, I will listen. Should I exit everything? Or Just step back? Uninstall Blockfolio, and hold what little I have left? Some might even say I should buy back in, borrow against my credit cards and line of credit. I know there is a voice in the back of my head still telling me to do that. What else do I have to lose?
TLDR: Despite being a smart and logical person, I fell prey to the get rich quick hype and lost roughly $18,000CAD of my initial investment by every manner available: badly timed investments, icos, HYIPs, and finally the yobit Dice Game last night. I will be online here for 4 hours or so, feel free to AMA. I have to head out now, but I will be back later to respond.
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So the other day I saw a gambling bot on a server which used real bitcoins for deposits and withdrawals, and you could play some dice rolling game in the chat to win bitcoin. It was basically a discord gambling bot for real money (bitcoin). Anyway, I have a few questions about this: - Considering that there are tons of underage people on discord who can access and play with this bot, it is basically underage gambling which is illegal, so this bot must be violating the TOS? - But what if the server required you to verify that you are 18+ before allowing you to interact with the gambling bot? Would that technically make it legal enough to not be violating the discord TOS? - And then there is the fact that bitcoins are being used; is underage bitcoin gambling even considered illegal? I mean, the bitcoin gambling websites that I have experienced let you deposit very easily and all they require is that you check a box that says "I am 18 or over" to let you in, no real ID verification required. So how is a bitcoin gambling bot like this seen in the eyes of the discord team? The reason I am asking this is because as I said, bitcoin gambling itself is a grey area in the eyes of the law, so how does this apply to discord where they mention in the TOS that illegal activites are not permitted?
On August 1, Bitcoin resumed its original roadmap, scaling on-chain towards global adoption as Peer-to-Peer Electronic Cash. It’s been just 3 and a half months since Bitcoin Cash broke away from BTC in order avoid a software mutation called Segwit, and to restore progress and growth to the ecosystem. After a recent price rally that saw us reach 0.5 BTC ($3000), the reality is setting in that an overnight ‘flippening’ scenario that some people hoped for is unlikely, and that we have a longer road ahead. It’s really important to remember how much has been achieved in such a short time. Let’s take a moment to reflect on how far we’ve come as a young community. July:
12: Bitcoin ABC team releases compatible client software
22: ViaBTC Exchange adds BCH trading
23: BTC.TOP Mining Pool announces they will mine BCH
23: Bitpoint Exchange announces plans to add BCH trading
23: Bit Trade Exchange announces plans to add BCH trading
24: CoinMarketCap adds BCH ‘futures market’ to index
24: Ledger adds BCH wallet support
24: Bithumb Exchange announces plans to add BCH trading
25: OKCoin Exchange adds BCH trading
25: Roger Ver publicly supports BCH
28: Bitcoin Unlimited team releases compatible client software
29: Bitcoin XT team releases compatible client software
29: Bitfinex Exchange announces plans to add BCH trading
29: Kraken Exchange announces plans to add BCH trading
29: Coinfloor Exchange announces plans to add BCH trading
29: Korbit Exchange announces plans to add BCH trading
29: BTCPOP Exchange announces plans to add BCH trading
29: HitBTC Exchange announces plans to add BCH trading
29: Coin Dance launches BCH specific website
30: Liqui Exchange announces plans to add BCH trading
30: Bitcoin Classic team releases compatible client software
31: Electron Cash releases BCH Wallet
31: Yobit Exchange adds BCH trading
01: Bitcoin Cash forks off BTC prior to Segwit activation
01: ViaBTC Mining Pool mines the first BCH block
01: Bittrex Exchange adds BCH trading
02: Freewallet releases BCH Wallet
02: Trezor adds BCH wallet support
02: Bitcoin Cash reaches #3 by Market Cap, $7 Billion
02: John McAfee publicly supports BCH
03: Coinbase announces plans to support BCH
03: Poloniex Exchange announces plans to add BCH trading
03: Shapeshift Exchange adds BCH trading
03: Changelly Exchange adds BCH trading
03: BTCBOX Exchange adds BCH trading
04: BTC.com adds BCH wallet support
05: Coinomi adds BCH wallet support
06: BTCMarkets Exchange adds BCH trading
06: nChain publicly supports BCH
07: Coinone Exchange adds BCH trading
08: Evercoin Exchange adds BCH trading
09: KeepKey adds BCH wallet support
09: Rocketr adds BCH support
13: BitGo announces plans to add full BCH wallet support
14: Poloniex Exchange adds BCH trading
16: The first 8MB / 37,000 transaction block mined
16: CEX.IO Exchange adds BCH trading
18: Bitcoin Cash overtakes BTC daily trading volume for the first time - $3.1B vs $2.7B
18: BTC to BCH the most popular trade on Shapeshift
20: Antpool Mining Pool mines their first BCH block
22: Huobi Exchange adds BCH trading
22: OKCoin Exchange adds BCH trading
22: F2Pool Mining Pool mines their first BCH block
23: Yours switches from Litecoin to BCH
24: Over 50% of hash power switches to BCH for the first time
31: BitGo adds BCH support
31: StrongCoin adds BCH wallet support
31: BTCC Mining Pool mines their first BCH block
01: Copay adds BCH wallet support
04: General Bytes announces plans to add BCH to ATMs
05: Tippr Bot launches BCH tipping on Reddit & Twitter
11: Bitcoin Cash overtakes Ethereum to be #2 by Market Cap - $30 Billion
11: Binance Exchange adds BCH trading
12: Bitcoin Cash achieves over $10 Billion trading volume in 24 hours
13: Bitstamp Exchange announces plans to add BCH trading
13: Bitcoin Cash successfully hard fork upgrades
13: Trade Satoshi Exchange adds BCH trading
14: Bittylicious Exchange adds BCH trading
14: Njalla Domain Registrar adds BCH support
14: Kim Dotcom publicly supports BCH
14: eToro Social Trading Platform adds BCH trading
14: SurBTC Exchange adds BCH trading
15: Bitmex Exchange adds adds BCH trading
15: Experience Bitcoin Cash initiative launches
15: Blockchain.com announces plans to add BCH
15: Genesis Mining announces plans to mine BCH
15: Jaxx adds BCH wallet support
16: CEX.IO Exchange adds BCH margin trading
16: BTCC launches BCH mining pool
16: KUCoin Exchange adds BCH trading
16: Bitwala announces plans to support BCH
17: GDAX Exchange announces plans to support BCH
17: Internet Archive adds BCH payments
17: Bitcoin.com launches BCH radio ad on 150 stations
18: Wirex announces plans to support BCH
18: Bitcoin Cash Fund initiative launched
This rate and scale of industry adoption is unprecedented. With every BTC holder receiving an equal amount of Bitcoin Cash, and with the price over $1300, the rate and scale of user adoption is unprecedented. With fast, reliable transactions and fees that are less than 1 cent, and with both BitPay & Coinbase hinting at a full Bitcoin Cash integration, the rate and scale of merchant adoption will be unprecedented. With unprecedented industry, user and merchant adoption, it’s only a matter of time until Bitcoin Cash becomes the default medium of exchange and store of value cryptocurrency. The old Bitcoin is back. You can feel it. It’s the resurgence of a grassroots movement not seen for years. People are putting Bitcoin Cash posters in the streets, handing out leaflets, tipping strangers a few dollars online, and asking in forums how they can contribute to the community. Just in the last couple of days a ‘Bitcoin Cash Fund’ was established, to assist with marketing and projects. The initial goal was $200 to make a short animated advert, but over $17,000 has been donated already. All of this positivity and energy is inspiring. While businesses are being forced to abandon BTC due to exorbitant and skyrocketing fees (upwards of $10), they’re being cheered on every day as they embrace Bitcoin Cash. The original vision is still alive. As an early bitcoiner, I’ve never been more optimistic. Make sure you involve yourself in the community, we’re just getting started :) Reddit: BTC or BitcoinCash Twitter: twitter.com/BITCOINCASH Website: bitcoincash.org Dev: Mailing List Also posted on Yours:Bitcoin Cash: A Reflection on How Far We’ve Come
I've got my list ready and I'm starting to see offers hitting my email. Is anyone up for putting them all together in one place? I know it's definitely been helpful the last few years, but I'm stuck on mobile for the rest of the day. I'll get things running.
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Card Kingdom - 10% back in store credit 11/24-11/27
Channel Fireball - 11% sitewide with code BLACKFRIDAY through 11/26
Cool Stuff Inc - Not listed as Black Friday specific, but some good deals on Sealed and singles here
TCG Player - 10% kickback on singles on 11/24 from 12:00am until 11:59pm
StarCityGames - Ixalan boxes @ $69.99, Iconic Masters boxes @ $149.99 sold out, sleeves @ $2.99, playmats @ $4.99, and singles here
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5 Color Combo - $40 Off Card Game Bags, 70%-90% Off Custom Art Tokens, 42% Off Playmats (Both official MTG and Custom). Specifics here
Troll and Toad - Discounts on Sealed Product and specific singles here.
R.K. Post - MTG Artist offering 31% off through 11/28 with code 2C227661. Every $5 spent pre-shipping also comes with a free holiday token.
Wizard Tower - 20th Anniversary sale runs from 9:00am 11/24 to 9:00 PM 11/26. 20% off singles and details on Sealed product here.
Cardhoarder - 10 ticket credit with their bots with a 100 ticket purchase (Limit one per household), 8% discount across the board when purchasing with Bitcoin, or Paypal, and a 4 ticket credit welcome gift to new MTGO users, up from their usual 2 ticket credit.
Cardamajigs - 33% off animated tokens, 33% off foil tokens, 35% off Angelarium, 50% off Aaron Miller tokens, $2 off pins, 20% off DIY Spinning Life counters.
Miniature Market - Some deals on Sealed Product here
Dave and Adam's Card World - $164.95 Iconic Masters boxes back up to $199, $69.95 Aether Revolt boxes, $69.95 Conspiracy: Take the Crown boxes, $449.95 Rise of the Eldrazi boxes.
Walgreens - 40% Booster Packs starting 11/25 through next Saturday? I can't find this in their ad, so I'm not sure exactly how long it runs.
TopDeckHero - 20% off Magic singles from 11/24 - 11/26, and a give away for 2 MMA Foil Dark Confidants running through Facebook
Face to Face Games - 15% off singles, and sales on Sealed product here.
401 Games - 13% off singles with coupon code: blackfridaytcg.
In the UK:
Magic Madhouse - Different sales every hour starting at 9:00am local time 11/24.
I'll try to update this as post I can. Upvote any good deals in comments and I'll try to add them.
MVIS Mining Pool does not support merge mining. I believe merge mining is bad for 0xBTC because it has a deflationary affect on the token. What is basically happening is that the developers associated with "a certain mining pool" have figured out some clever tricks with smart contracts to magically award extra tokens every time the pool mines a block. "Tokens for free. Whoopee!!" My response to that is, “If it cost you nothing to mine those tokens, how much are they really worth?” Yup, that’s right … NOTHING!! Congratulations, guys! You figured out how to print play money!! Any value those tokens might have on the market comes at the expense of 0xBTC. Merge mining devalues 0xBitcoin, plain and simple. It's like when the government prints extra money to pay off debts ... it drives down the value of the currency and drives up inflation. Think about it. If I have $100 and divide it between fifty people, each person gets $2 right? What happens if I decide I am now going to divide it between 75 people? Of course everybody gets less. Awarding yourself more tokens doesn't mean you're getting more money, it just means each token is worth less! Don’t get me wrong … I have no problem with real merge mining. Real merge mining is where you employ un-utilized compute resources on the mining rig to mine a different token. A perfect example is the ETH / decred pair. The ETH is mined using GPU resources, and the decred is mined using the CPU, which would normally just sit there doing nothing. That makes perfect sense. The decred you mine actually has some value because resources were expended in mining them. That’s not the way it is with SEDO, though. No changes were made to the mining algorithm. It's all just smart contract trickery, and it hurts 0xBitcoin.
Merge mining SEDO doesn’t just hurt 0xBitcoin economically though. It is my view that it also hurts our reputation in the cryptocurrency community. I’ve read through the SEDO website. I’ve read the white paper, or at least as much as I could before I started feeling nauseous! My conclusion is that SEDO is complete and utter trash! They claim to be working on some sort of Document Management System, but so far the only thing they have to show for themselves is they’ve managed to get listed on a few exchanges, they released a ‘Dice Bot’ game, and they staged some sort of “Easter egg hunt”???? I fail to see what any of that has to do with a document management system. SEDO is a disgrace to the 0xBitcoin community and we need to rid ourselves of it! If you agree, please send your hashing power to a mining pool that supports pure mined 0xBitcoin, which to my knowledge includes http://tokenminingpool.com, http://0xbtc.tosti.ro, and of course my new pool, http://mvis.ca.
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