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  1. #1

    Default bitcoins and poker

    Winpoker accepts bitcoins and it is on the Ipoker network. This may be a dumb question, but as an American with Bitcoins, i would be permitted to play on that site, correct? Or do they look for IP's and what not when determining whether or not someone is eligible to play.
  2. #2
    I don't know about Winpoker, but I've been playing with bitcoins on Seals With Clubs. The traffic is really light, and the software sucks, but that's because it's all new. It's been improving recently.
  3. #3
    i'm just mad i didn't bet the house on bitcoin back when i found out about they and they were $5 per btc (currently $136). i bought $500 worth but spent them.
  4. #4
    spoonitnow's Avatar
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    Your currency and/or deposit method probably doesn't change anything.
  5. #5
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    Quote Originally Posted by Hawk View Post
    I don't know about Winpoker, but I've been playing with bitcoins on Seals With Clubs. The traffic is really light, and the software sucks, but that's because it's all new. It's been improving recently.
    Seals with Clubs software provider is Briggsoft, the same company that programmed Poker Mavens

    http://www.pokerscout.com/SiteDetail...bs&ab=26909672

    http://www.briggsoft.com/
  6. #6
    Quote Originally Posted by givememyleg View Post
    i'm just mad i didn't bet the house on bitcoin back when i found out about they and they were $5 per btc (currently $136). i bought $500 worth but spent them.
    Yes, I'm also mad about not getting in on Coke at the beginning.
  7. #7
    but did you buy coke shares then sell them?
  8. #8
    Quote Originally Posted by Pascal View Post
    but did you buy coke shares then sell them?
    Never dealt drugs in my life. I wouldn't be good in prison.
  9. #9
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    Quote Originally Posted by BennyLaRue View Post
    Never dealt drugs in my life. I wouldn't be good in prison.
    Fresh Fish



    Last edited by ChipEaterMan; 04-06-2013 at 07:06 PM.
  10. #10
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    Quote Originally Posted by givememyleg View Post
    i'm just mad i didn't bet the house on bitcoin back when i found out about they and they were $5 per btc (currently $136). i bought $500 worth but spent them.
    Damn son

    Mining them is getting ultrahard as well because they are reaching the hard cap
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  11. #11
    Quote Originally Posted by Jack Sawyer View Post
    Damn son

    Mining them is getting ultrahard as well because they are reaching the hard cap
    New coins will be mined until about 2140. It gets harder because there is more horsepower out there mining that you are competing with.
  12. #12
    Some days it feels like I've been standing forever, waiting for the bank teller to return so I can cash in all these Sklansky Bucks.
  13. #13
    Quote Originally Posted by KoRnholio View Post
    I think it's just a temporary setback. Every time Mt. Gox (the big exchange) has problems, people panic and start selling. This one is worse than most, but once things get moving again it will work it's way back up. They just aren't set up to handle all the new activity they are seeing since bitcoin started getting a bunch of coverage recently. Hopefully a few people with resources see the need for stable services and we get a few other reliable options for buying/selling bitcoins.
  14. #14
    Bitcoin has almost no chance to make it as a real currency.

    Strike 1: Most people are buying bitcoins purely for flipping/speculation
    Strike 2: No intrinsic value
    Strike 3: Unstable value
    Strike 4: Tiny market, not widely accepted in trade/business
    Strike 5: Not very liquid
    ...
    Some days it feels like I've been standing forever, waiting for the bank teller to return so I can cash in all these Sklansky Bucks.
  15. #15
    Why are they useful? Like, really useful?
  16. #16
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    Quote Originally Posted by KoRnholio View Post
    Bitcoin has almost no chance to make it as a real currency.

    Strike 1: Most people are buying bitcoins purely for flipping/speculation
    Strike 2: No intrinsic value
    Strike 3: Unstable value
    Strike 4: Tiny market, not widely accepted in trade/business
    Strike 5: Not very liquid
    ...
    1 is not a strike. Because not all people are. And not most people are.

    Honestly, ask yourself how you know 'most people are buying bitcoins purely for flipping/speculation'

    You don't know that. And even if it were true, it only means bitcoin will take longer to sort out. But it's got all the time in the world.

    2 is not a strike. The dollars in my pocket are only valuable because people will take them for something. If you think that the full faith of the US govt backing these notes makes them more valuable, it does because now you're more willing to trade for my dollars. But that's a problem of perception which the bitcoin can win in time.

    3 is not a strike. Unstable today. Bitcoin is supposed to be in it for the long run.

    4 is a strike.

    5 is a strike.

    I own no bitcoins, I won't own any in the foreseeable, but it's not a doomed endeavour.
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  17. #17
    a500lbgorilla's Avatar
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    Quote Originally Posted by Pascal View Post
    Why are they useful? Like, really useful?
    Don't worry about it. The people who know how to value the bitcoin for what it offers over other currencies are still trying to figure out how to value the bitcoin for what it offers over other currencies.
    <a href=http://i.imgur.com/kWiMIMW.png target=_blank>http://i.imgur.com/kWiMIMW.png</a>
  18. #18
    Quote Originally Posted by Pascal View Post
    Why are they useful? Like, really useful?
    to buy illegal drugs.
  19. #19
    i can get behind this
  20. #20
    They are useful in the same way cash is useful, except that you can send it over the net. Direct transactions with no middle man and little or no fee, and with psuedo-anonymity.
  21. #21
    mrhappy333's Avatar
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    https://mtgox.com/ Bitcoin at $113 now
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  22. #22
    gabe's Avatar
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    i saw this http://money.cnn.com/2013/05/02/tech.../bitcoin-porn/ which has lots of interesting links in it.

    basically you can put a message in the header of coins, and once that gets out in the blockchain it will be there forever. someone else has stored a few MB of wikileaks stuff in the blockchain, so for as long as people use bitcoins the data will be out there.

    this is a potentially revolutionary type of thing imo. if we can store complete total information of the world in our money, it would make everyone have to keep all information we have in circulation. information would be directly tied to spending value. the only way to counter this would be if the people would didn't want this information out would have to mine bitcoins at a higher rate and put bad information in them. but putting all knowledge into bitcoin headers would tie their value to information intrinsically. and money is just a form of information anyway right? but this would be more powerful because it would be complete information

    for example, could we stuff all of wikipedia into the blockchain? once storage is even more powerful this doesn't seem hard. i think i read that once all bitcoins are mined the blockchain would take up about 120 TB, so if people were happy to carry that around in their USB wallet (or w/e) then we could have an even bigger blockchain.

    i dont know too much about this but i was theorizing about it and needed to type it out before i forgot
  23. #23
    Hi!

    I'm new here and I'm very interested in bitcoin poker... I know this thread is old so I would like to get some recent impressions about the future in bitcoin poker.

    Thanks
  24. #24
    Quote Originally Posted by givememyleg View Post
    i'm just mad i didn't bet the house on bitcoin back when i found out about they and they were $5 per btc (currently $136). i bought $500 worth but spent them.
    I'm just mad I didn't buy them at $136 at the time of this post.
  25. #25
    The future of Bitcoin is almost completely unknown but in the light of the last few years that doesn't make it so different to a lot of other investments.

    Risks are perceived as high since Mtgox got fucked but we're not exactly a risk adverse bunch are we.

    Diversification is key in any portfolio.
  26. #26
    Especially a Gummi Candy portfolio.

    http://www.flopturnriver.com/pokerfo...ot-187285.html
  27. #27
    Quote Originally Posted by jackvance View Post
    I'm just mad I didn't buy them at $136 at the time of this post.
  28. #28
    The problem is that bitcoins are unstable as fuck atm...
  29. #29
    Yeah, ass to mouth is a sign of instability or incredible passion.
  30. #30
    where can I buy the bigcoins by the way?
  31. #31
    Quote Originally Posted by cashmere View Post
    where can I buy the bigcoins by the way?

    Not here

  32. #32
    Quote Originally Posted by cashmere View Post
    where can I buy the bigcoins by the way?
    At many tourist destinations, they'll have a machine that turns pennies into bigcoins. It's awesome.
  33. #33
    Quote Originally Posted by cashmere View Post
    where can I buy the bigcoins by the way?
    In one of the buy-sell houses for it...

    localbitcoins
    bitstamp
    kraken
    .
    .
    .
  34. #34
    Quote Originally Posted by drake25 View Post
    The problem is that bitcoins are unstable as fuck atm...
    So do you think the problem is only about stability of the price?

    In this case, I think it is only a matter of time to be stable...bitcoin is very very young, it needs to grow up in order to consolidate its price and "to be seen as a virtual coin". When more and more people use it and more and more enterprises accept it, it is going to be more stable.

    In this case...do you think it will have any future in poker? I bet YES, because of sites as Sealswithclubs...
  35. #35
    be carreful with bitcoins
    it is going to crash and you loose everthing
    it is not going to be stable

    its a scam
  36. #36
    Quote Originally Posted by poltax View Post
    be carreful with bitcoins
    it is going to crash and you loose everthing
    it is not going to be stable

    its a scam
    But what about advantages of playing poker with btc? I am not talking about get profitability by buying btc and then selling it...I am talking about playing poker with it and, even if you want, sell it when you finish you session (in this case you won't be expose to the fluctuations of the price).

    I mean, don't you think there are lot of advantages in playing poker with btc?

    Thanks
  37. #37
    Quote Originally Posted by gabe View Post
    i saw this http://money.cnn.com/2013/05/02/tech.../bitcoin-porn/ which has lots of interesting links in it.

    basically you can put a message in the header of coins, and once that gets out in the blockchain it will be there forever. someone else has stored a few MB of wikileaks stuff in the blockchain, so for as long as people use bitcoins the data will be out there.

    this is a potentially revolutionary type of thing imo. if we can store complete total information of the world in our money, it would make everyone have to keep all information we have in circulation. information would be directly tied to spending value. the only way to counter this would be if the people would didn't want this information out would have to mine bitcoins at a higher rate and put bad information in them. but putting all knowledge into bitcoin headers would tie their value to information intrinsically. and money is just a form of information anyway right? but this would be more powerful because it would be complete information

    for example, could we stuff all of wikipedia into the blockchain? once storage is even more powerful this doesn't seem hard. i think i read that once all bitcoins are mined the blockchain would take up about 120 TB, so if people were happy to carry that around in their USB wallet (or w/e) then we could have an even bigger blockchain.

    i dont know too much about this but i was theorizing about it and needed to type it out before i forgot
    www.dominicjeff.co.uk/coin-audit-importance-step-by-step-process/
    I believe bitcoin came about as a result of the advent of the blockchain. What will happen to bitcoin and how to use it, everyone decides for himself. And there are a lot of ways to make money from cryptocurrency. But the fact that as a result of the development of the blockchain there are many other technologies, such as smart contracts, NFT and many others. And this all finds applications in other areas of finance and business. But as the development of technology opens up opportunities, it becomes a necessity to do the coin audit. You need real data to make multi-million dollar decisions.

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