Do you use Bitbooks?
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playzSBR Sharp
- 01-31-09
- 493
#36Comment -
bigboydanSBR Aristocracy
- 08-10-05
- 55420
#37It's funny you keep putting up smoke screens to this entire BTC ordeal.
Let me be blunt here if I may as the current sting they have underway now to takedown Mr.Nigel and his operations that has plagued the U.S. for many years.
Homeland security is currently sitting on the supposely unknown devoloper "Dooglus" and his associates as well as the BTC platform book, their hub Dowlla and it's roughly $50+ million (was like 33+ million) wagered already and is waiting till more money to be pumped through it before it they shut it down. Now if you or any other SBR poster would like to call the feds and inquire about this info I've provided then please do so because that's what a good reporter like myself would do. Hell, I could go on but I don't think Mr.Meng would appreciate it and does see where I'm going with this.:
Now think logically about this from both sides of the fence:
Not only would the books get burned but the players will get stung so bad that it will ultimate be a big negative on the industry as a whole to the point the players won't send money to any offshore book. The really sad part of it all is the mere fact of just what type of impact it would be on the global offshore marketplace as a whole in Europe, Australia, Asia, CR, Panama, Antigua, ect,ect.Comment -
roanildinhoSBR MVP
- 06-02-10
- 1320
#39It's funny you keep putting up smoke screens to this entire BTC ordeal.
Let me be blunt here if I may as the current sting they have underway now to takedown Mr.Nigel and his operations that has plagued the U.S. for many years.
Homeland security is currently sitting on the supposely unknown devoloper "Dooglus" and his associates as well as the BTC platform book, their hub Dowlla and it's roughly $50+ million (was like 33+ million) wagered already and is waiting till more money to be pumped through it before it they shut it down. Now if you or any other SBR poster would like to call the feds and inquire about this info I've provided then please do so because that's what a good reporter like myself would do. Hell, I could go on but I don't think Mr.Meng would appreciate it and does see where I'm going with this.:
Now think logically about this from both sides of the fence:
Not only would the books get burned but the players will get stung so bad that it will ultimate be a big negative on the industry as a whole to the point the players won't send money to any offshore book. The really sad part of it all is the mere fact of just what type of impact it would be on the global offshore marketplace as a whole in Europe, Australia, Asia, CR, Panama, Antigua, ect,ect.Comment -
bettingstationSBR MVP
- 03-25-13
- 1084
#40is there any one here wants to buy bitcoin?Comment -
roanildinhoSBR MVP
- 06-02-10
- 1320
#43justdice isnt connected to dwolla.Comment -
bettingstationSBR MVP
- 03-25-13
- 1084
#45hahaha.... so scared with bitcoin... but may try to use for trading... cashin cashout... where i can easily cashout the coin?Comment -
bigboydanSBR Aristocracy
- 08-10-05
- 55420
#46:
Comment -
offshore tyrantSBR Hustler
- 12-19-12
- 86
#47Not sure what i meant ? It's easy . Whoever the guy was who was putting up the lines was putting them up completely wrong . You could have made an easy 10K or so in a matter of a couple of minutes. Early bird catches the worm as they say. You had to be there when JOE marketmaker was putting lines up for the games. This was for ncaa football especially.Comment -
offshore tyrantSBR Hustler
- 12-19-12
- 86
#48They did leave odds open at times and at times they would mess with you and not give you the money you won even after the match (tennis) or game was over . Happened many times. I would get into argument with Brian on the phone and he would say those weren't lines from our market maker . The lines that you were betting on were from our inside house guy so there is NO WAY we can honor the bet. I would beatch and moan and say well how the heck can i decipher lines between your in house guy and your market maker ???? Catch my drift ?Comment -
raiders72001Senior Member
- 08-10-05
- 11118
#49Bitcoins are very volatile. They are now at 207. A few months ago it dropped to 80. Losts of market manipulation. Another scare happened a couple of weeks ago when the silk road was closed. I think it dropped to 80 again.Comment -
bettingstationSBR MVP
- 03-25-13
- 1084
#50this what i mean... manipulation... it can easiy manipulated by the creator of this...Comment -
elgrecoSBR Wise Guy
- 12-16-09
- 988
#51
It's a very thinly traded market and can be manipulated by large holders of the currency. It is also verysusceptible toinfluenced by news events. But this is not a flaw in Bitcoin or a manipulation of the actual system. This is just a characteristic of any very low volume market.Last edited by elgreco; 10-31-13, 09:46 AM.Comment -
Itsamazing777SBR Posting Legend
- 11-14-12
- 12602
#52Only a true degen could think about using bitcoin for betting. Could be worth nothing of u leave it in too longComment -
threeg5SBR Sharp
- 07-18-09
- 488
#55Bitcoin like any thing else with value only has value because people say it does.
Gold, Silver, Platinum, crude oil, any fiat currency,, if we are using it and buying somehow then it does and will have a value. IF you think bitcoin is not a good investment be it to hold or use in wagering you simply do not understand what you are talking about. Gold could also lose its value IF PEOPLE STOP BUYING IT. You could own all the gold on the planet and if everyone else started buying sea salt and said piss on gold then you are screwed.
There is currently 40,000 + businesses that accept bitcoin as payment around the GLOBE. if you think that govenments are not wanting to allow. uhh just think about the global word again. just recently panels that sit on the bitcoin regulatory comity met with United States and Canada Financial Boards to discuss regulations. And most recently Switzerland (5 days ago met with these same people).
you can buy bitcoin through ATM's in Canada and in America you can utilize BkofAma to facilitate the purchase.
someone is going to make the arguement that billions is spent 'mining' gold and other things, which they will be correct. What they may not know is that you can also mine bitcoin(albeit they are not spending billions to do it however collectively there is MILLIONS being spent to do it). what and how is this done? please use google and youtube they will educate you very much and easily have you see this in a much different light.
when the silk road was hit so to speak bit coin fell from 141 to 109 oh no you say OH YES said the ones that bought it when it dropped because within 23 hours (not even a day it was back to where it started 141.(as of this post it is at 207 but that is artificial inflation because of baidu in China and it will probably drop back down to somewhere in the 140's again)
In retrspect the price also jumped when the 'American Governmetn Shutdown' occured. it actually jumped by 3% during this time where as gold DROPPED by 1%
how easy is it to use? simply go get a bitwallet (via an exchange) very similar to the ewallat that everyone used s a few years back. you can use one of several exchanges to deal in bitcoin and then go to the place you intend to do business AND DO BUSINESS.
now you are dealing in bitcoins it is not illegal in anyway to control money from another country to gamble (its just expensive because of the currency exchange rate) and it becomes even better as BIT COIN is a nocentralized, noregulated (so to speak) digital currency and no one can tell you what you can or can not do with it only whether or not they will or will not accept it.
Is it the way to go? For some it is the best because where there are fees they are in the .01% -.009% and that is only when you cash you bitcoin to a local currency or if you use a non exchange (bank or ATM or local deal( and even those fees are usually very minimal .25-.35 (cents not percent) per tansaction))
The decision is obviously up to you as an individual much like when you place action at a book they are not forcing you to do anything just offering you a service.
I am only hoping that you can EDUCATE yourself in the matter before DISCOURAGING others with a theory.
P.S. Breaking a symmetric 256-bit key by brute force requires 2128 times more computational power than a 128-bit key. 50 supercomputers that could check a billion billion (1018) AES keys per second (if such a device could ever be made) would, in theory, require about 3×1051 years to exhaust the 256-bit key space. And you wold have to do this for EVERY SINGLE BITCOIN TO 'STEAL' them. Just so that you know this is actually the time algorithm based on the energy it would take which would require roughly 1/15th of the PLANETS available energy to do this ONCE. Note that each of these are created based on the last hash.
ok now that you understand that it is not IMPOSSIBLE because that is theoretically how bitcoin mining is done every clash is a coin plus the action fee but on the other side to steal it would require every hash for each coin (think an impretined serial number that can never be changed and has a very long chain to show ownership) to be changed again to show that you are the owner and for the path to show correctly when you tried to spend/use it.
You have a better chance of robbing every bank in the world, bragging about it, and never having an issue because of it then you do of having your bit coins stolen.Do what you did to get it and don't stop just go and get it!!Comment -
Hareeba!BARRELED IN @ SBR!
- 07-01-06
- 37209
#56Unlike Bitcoins, gold is in demand for industrial use as well as for jewellery.
The only people who NEED Bitcoins are those attempting to get past barriers against "illegal" activity, e.g. offshore sports gambling by Americans or online purchase of drugs and weapons.
Change the laws and the demand (and thus value) diminish.Comment -
elgrecoSBR Wise Guy
- 12-16-09
- 988
#57Bitcoin like any thing else with value only has value because people say it does.
Gold, Silver, Platinum, crude oil, any fiat currency,, if we are using it and buying somehow then it does and will have a value. IF you think bitcoin is not a good investment be it to hold or use in wagering you simply do not understand what you are talking about. Gold could also lose its value IF PEOPLE STOP BUYING IT. You could own all the gold on the planet and if everyone else started buying sea salt and said piss on gold then you are screwed.
There is currently 40,000 + businesses that accept bitcoin as payment around the GLOBE. if you think that govenments are not wanting to allow. uhh just think about the global word again. just recently panels that sit on the bitcoin regulatory comity met with United States and Canada Financial Boards to discuss regulations. And most recently Switzerland (5 days ago met with these same people).
you can buy bitcoin through ATM's in Canada and in America you can utilize BkofAma to facilitate the purchase.
someone is going to make the arguement that billions is spent 'mining' gold and other things, which they will be correct. What they may not know is that you can also mine bitcoin(albeit they are not spending billions to do it however collectively there is MILLIONS being spent to do it). what and how is this done? please use google and youtube they will educate you very much and easily have you see this in a much different light.
when the silk road was hit so to speak bit coin fell from 141 to 109 oh no you say OH YES said the ones that bought it when it dropped because within 23 hours (not even a day it was back to where it started 141.(as of this post it is at 207 but that is artificial inflation because of baidu in China and it will probably drop back down to somewhere in the 140's again)
In retrspect the price also jumped when the 'American Governmetn Shutdown' occured. it actually jumped by 3% during this time where as gold DROPPED by 1%
how easy is it to use? simply go get a bitwallet (via an exchange) very similar to the ewallat that everyone used s a few years back. you can use one of several exchanges to deal in bitcoin and then go to the place you intend to do business AND DO BUSINESS.
now you are dealing in bitcoins it is not illegal in anyway to control money from another country to gamble (its just expensive because of the currency exchange rate) and it becomes even better as BIT COIN is a nocentralized, noregulated (so to speak) digital currency and no one can tell you what you can or can not do with it only whether or not they will or will not accept it.
Is it the way to go? For some it is the best because where there are fees they are in the .01% -.009% and that is only when you cash you bitcoin to a local currency or if you use a non exchange (bank or ATM or local deal( and even those fees are usually very minimal .25-.35 (cents not percent) per tansaction))
The decision is obviously up to you as an individual much like when you place action at a book they are not forcing you to do anything just offering you a service.
I am only hoping that you can EDUCATE yourself in the matter before DISCOURAGING others with a theory.
P.S. Breaking a symmetric 256-bit key by brute force requires 2128 times more computational power than a 128-bit key. 50 supercomputers that could check a billion billion (1018) AES keys per second (if such a device could ever be made) would, in theory, require about 3×1051 years to exhaust the 256-bit key space. And you wold have to do this for EVERY SINGLE BITCOIN TO 'STEAL' them. Just so that you know this is actually the time algorithm based on the energy it would take which would require roughly 1/15th of the PLANETS available energy to do this ONCE. Note that each of these are created based on the last hash.
ok now that you understand that it is not IMPOSSIBLE because that is theoretically how bitcoin mining is done every clash is a coin plus the action fee but on the other side to steal it would require every hash for each coin (think an impretined serial number that can never be changed and has a very long chain to show ownership) to be changed again to show that you are the owner and for the path to show correctly when you tried to spend/use it.
You have a better chance of robbing every bank in the world, bragging about it, and never having an issue because of it then you do of having your bit coins stolen.Comment -
importmoonSBR MVP
- 04-22-11
- 1140
#58Bitcoin like any thing else with value only has value because people say it does.
Gold, Silver, Platinum, crude oil, any fiat currency,, if we are using it and buying somehow then it does and will have a value. IF you think bitcoin is not a good investment be it to hold or use in wagering you simply do not understand what you are talking about. Gold could also lose its value IF PEOPLE STOP BUYING IT. You could own all the gold on the planet and if everyone else started buying sea salt and said piss on gold then you are screwed.
There is currently 40,000 + businesses that accept bitcoin as payment around the GLOBE. if you think that govenments are not wanting to allow. uhh just think about the global word again. just recently panels that sit on the bitcoin regulatory comity met with United States and Canada Financial Boards to discuss regulations. And most recently Switzerland (5 days ago met with these same people).
you can buy bitcoin through ATM's in Canada and in America you can utilize BkofAma to facilitate the purchase.
someone is going to make the arguement that billions is spent 'mining' gold and other things, which they will be correct. What they may not know is that you can also mine bitcoin(albeit they are not spending billions to do it however collectively there is MILLIONS being spent to do it). what and how is this done? please use google and youtube they will educate you very much and easily have you see this in a much different light.
when the silk road was hit so to speak bit coin fell from 141 to 109 oh no you say OH YES said the ones that bought it when it dropped because within 23 hours (not even a day it was back to where it started 141.(as of this post it is at 207 but that is artificial inflation because of baidu in China and it will probably drop back down to somewhere in the 140's again)
In retrspect the price also jumped when the 'American Governmetn Shutdown' occured. it actually jumped by 3% during this time where as gold DROPPED by 1%
how easy is it to use? simply go get a bitwallet (via an exchange) very similar to the ewallat that everyone used s a few years back. you can use one of several exchanges to deal in bitcoin and then go to the place you intend to do business AND DO BUSINESS.
now you are dealing in bitcoins it is not illegal in anyway to control money from another country to gamble (its just expensive because of the currency exchange rate) and it becomes even better as BIT COIN is a nocentralized, noregulated (so to speak) digital currency and no one can tell you what you can or can not do with it only whether or not they will or will not accept it.
Is it the way to go? For some it is the best because where there are fees they are in the .01% -.009% and that is only when you cash you bitcoin to a local currency or if you use a non exchange (bank or ATM or local deal( and even those fees are usually very minimal .25-.35 (cents not percent) per tansaction))
The decision is obviously up to you as an individual much like when you place action at a book they are not forcing you to do anything just offering you a service.
I am only hoping that you can EDUCATE yourself in the matter before DISCOURAGING others with a theory.
P.S. Breaking a symmetric 256-bit key by brute force requires 2128 times more computational power than a 128-bit key. 50 supercomputers that could check a billion billion (1018) AES keys per second (if such a device could ever be made) would, in theory, require about 3×1051 years to exhaust the 256-bit key space. And you wold have to do this for EVERY SINGLE BITCOIN TO 'STEAL' them. Just so that you know this is actually the time algorithm based on the energy it would take which would require roughly 1/15th of the PLANETS available energy to do this ONCE. Note that each of these are created based on the last hash.
ok now that you understand that it is not IMPOSSIBLE because that is theoretically how bitcoin mining is done every clash is a coin plus the action fee but on the other side to steal it would require every hash for each coin (think an impretined serial number that can never be changed and has a very long chain to show ownership) to be changed again to show that you are the owner and for the path to show correctly when you tried to spend/use it.
You have a better chance of robbing every bank in the world, bragging about it, and never having an issue because of it then you do of having your bit coins stolen.very educational.. Thanks..
Comment -
bettingstationSBR MVP
- 03-25-13
- 1084
#59Unlike Bitcoins, gold is in demand for industrial use as well as for jewellery.
The only people who NEED Bitcoins are those attempting to get past barriers against "illegal" activity, e.g. offshore sports gambling by Americans or online purchase of drugs and weapons.
Change the laws and the demand (and thus value) diminish.Comment -
bigboydanSBR Aristocracy
- 08-10-05
- 55420
#60Bitcoin like any thing else with value only has value because people say it does.
Gold, Silver, Platinum, crude oil, any fiat currency,, if we are using it and buying somehow then it does and will have a value. IF you think bitcoin is not a good investment be it to hold or use in wagering you simply do not understand what you are talking about. Gold could also lose its value IF PEOPLE STOP BUYING IT. You could own all the gold on the planet and if everyone else started buying sea salt and said piss on gold then you are screwed.
There is currently 40,000 + businesses that accept bitcoin as payment around the GLOBE. if you think that govenments are not wanting to allow. uhh just think about the global word again. just recently panels that sit on the bitcoin regulatory comity met with United States and Canada Financial Boards to discuss regulations. And most recently Switzerland (5 days ago met with these same people).
you can buy bitcoin through ATM's in Canada and in America you can utilize BkofAma to facilitate the purchase.
someone is going to make the arguement that billions is spent 'mining' gold and other things, which they will be correct. What they may not know is that you can also mine bitcoin(albeit they are not spending billions to do it however collectively there is MILLIONS being spent to do it). what and how is this done? please use google and youtube they will educate you very much and easily have you see this in a much different light.
when the silk road was hit so to speak bit coin fell from 141 to 109 oh no you say OH YES said the ones that bought it when it dropped because within 23 hours (not even a day it was back to where it started 141.(as of this post it is at 207 but that is artificial inflation because of baidu in China and it will probably drop back down to somewhere in the 140's again)
In retrspect the price also jumped when the 'American Governmetn Shutdown' occured. it actually jumped by 3% during this time where as gold DROPPED by 1%
how easy is it to use? simply go get a bitwallet (via an exchange) very similar to the ewallat that everyone used s a few years back. you can use one of several exchanges to deal in bitcoin and then go to the place you intend to do business AND DO BUSINESS.
now you are dealing in bitcoins it is not illegal in anyway to control money from another country to gamble (its just expensive because of the currency exchange rate) and it becomes even better as BIT COIN is a nocentralized, noregulated (so to speak) digital currency and no one can tell you what you can or can not do with it only whether or not they will or will not accept it.
Is it the way to go? For some it is the best because where there are fees they are in the .01% -.009% and that is only when you cash you bitcoin to a local currency or if you use a non exchange (bank or ATM or local deal( and even those fees are usually very minimal .25-.35 (cents not percent) per tansaction))
The decision is obviously up to you as an individual much like when you place action at a book they are not forcing you to do anything just offering you a service.
I am only hoping that you can EDUCATE yourself in the matter before DISCOURAGING others with a theory.
P.S. Breaking a symmetric 256-bit key by brute force requires 2128 times more computational power than a 128-bit key. 50 supercomputers that could check a billion billion (1018) AES keys per second (if such a device could ever be made) would, in theory, require about 3×1051 years to exhaust the 256-bit key space. And you wold have to do this for EVERY SINGLE BITCOIN TO 'STEAL' them. Just so that you know this is actually the time algorithm based on the energy it would take which would require roughly 1/15th of the PLANETS available energy to do this ONCE. Note that each of these are created based on the last hash.
ok now that you understand that it is not IMPOSSIBLE because that is theoretically how bitcoin mining is done every clash is a coin plus the action fee but on the other side to steal it would require every hash for each coin (think an impretined serial number that can never be changed and has a very long chain to show ownership) to be changed again to show that you are the owner and for the path to show correctly when you tried to spend/use it.
You have a better chance of robbing every bank in the world, bragging about it, and never having an issue because of it then you do of having your bit coins stolen.Comment
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