Saturday, February 13, 2016

Decent Habits for Primedice

So basically there are a lot of people wondering how you can actually make a buck off Primedice? It is possible. I turned 0.01 BTC into 2 BTC in just 3 hours. Seems crazy I know but you can achieve the same thing with a little luck and a lot of common sense.

The idea is that you have to take it a little slow at first, I was playing for a year before I was able to make any kind of money off Primedice. So use the faucet for the first little while. Don't dump money in to start with, you need to build confidence. You also need to build a basic strategy you can follow. Something that in theory will make you money on each bet. In an earlier post I talked about various strategies that are used in casinos and race tracks. Martingale being the main one. Pretty much everyone uses this method at one time or another. Basically on the bet after a loss, you double down or increase the bet enough to make back the previous loss. This is a great method to start with and play around.

Set the multiplier to 1.3x and then enable hotkeys. Start by betting small amounts. Basically you want to bet over/under and increase on loss so that you can recover. You'll get the hang of it.

Wealthy Habits: Value Your Time

So everyone knows their time is precious right? No. People give up their time like it has no value. This is one of the biggest problems with people trying to progress in life. Learning how to value your time and how to use your own freedom as an advantage. Most people don't see free time as an asset in their life, they just give it up for a typical lifestyle society provides.

Now the last statement I made might not make sense to all of you. What I mean by that is that, your typical nine to five job will not necessarily build you wealth. It can if you employ good money management, but usually most people get that salary job and then start taking on loans and debt. New car, new house etc. Drifting off topic here but basically what I'm getting at is people sign themselves up for the hamster wheel. This will take up pretty much all of your free time and motivation. Now don't get me wrong, I'm not saying quit your job, but being objective about the situation you're in. Question the norm and whats good for you and then based on that decide how you want to do things.

Really goals are your best friend. They allow you to keep track of progress and decide on different strategies for success. You can get a lot done if you set your mind to a certain objective. Try to lay a path out for yourself that you know you can follow. Then depending on what you want to achieve(in this case wealth) you should do a lot of research on how you plan to get there and then set your plan in motion.

Along the way you need to stay motivated. Motivation is a hard thing to keep up, but you'll find running things your way will help quite a bit. Going to a regular job has a way of beating you down. Draining your ambition and leaving you tired. So I think the younger you are when you try to start something like a business the more likely you are for success. When you're young you seem to be immune to those things. But in any case if nothing else motivates you, let the money motivate you.

But anyway the whole idea of me rambling on here about this stuff is that you should use your talents and use what you have to build something for yourself. A lot of people are using things like Youtube now to help pay for their lifestyles and vlogers or content creators. Their is so much out their that you can actually just do from home with a computer and some basic equipment and you can create ways of making money for yourself. Turning nothing into something. Bitcoin is another way of doing this. But it tricky.
Anyway I'm going to end it here.


Wednesday, February 3, 2016

My Thoughts:

My Thoughts:

South Korea's Central Bank Monitoring Blockchain for Regulation?

So I was looking around on the Coindesk news section and I found an article of interest. See the idea of cryptocurries taking over most legal tender has been a thought now and again. I think this kind of currency is the way of the future. Others do not. 



Neither does the Central Bank of South Korea, but they have decided to monitor blockchain for market volatility. They also talk about employing some kind of regulation system. They say the regulation system will not hinder innovation. You can expect they'll want to find a way to get more transparency when it comes to transactions. They plan to closely monitor various global financial institutions and startups. This could have some serious benefits.
 
With Bitcoin and other cryptocurrencies we have things like Blockchain to monitor transactions. We can tell where they came from and where they are going. There are millions of transactions taking place. That's a lot of cash trading hands and wealth being created from nothing. So in terms of the economy, it does affect it. Governments and Global Organizations should take this a bit more seriously, not saying there aren't some that do already. It's definitely worth the thought. Anyway just thought I'd give you guys some brain food. 


Seoul image via Shutterstock

Tuesday, February 2, 2016

Primedice Scripts...

Hello everyone, just thought if you're on Primedice you should be acquainted with their API section. I will also throw in some links to the various scripts etc. The way API work for Primedice is through the console.

Chrome Console
So basically when you login to Primedice you pull up the console and enter in the script/API. You can either load a bot or faucet countdown timer. There are many scripts. Below you will find a very important link list. This link list contains all the information you need to get started. I have also singled out a few links for you to read first.

HUI Link List

Primedice API
Faucet Timer
Danksta's Bot


Cryptocurrency Mining and Cryptonight

So I've been gone forever and have once again neglected my blogging. Sometime you just lose yourself in other things. I've been researching bitcoin mining and other cryptocurrency mining.

Basically you can't mine bitcoin unless you have an asic miner. These are dedicated mining rigs that have several processors and run a torn down version of Linux. They can have a hash rate of 1.1gh/s to 1.4th/s. The lower hash rate miners can be setup in a cluster to achieve a higher hash rate. You can also do this with the higher hash rate machines and mine even more. Ultimately you could make money from asic machines, but good luck getting your hands on one. They're fairly difficult to find brand new. Butterfly labs doesn't look like they're shipping and basically all you're going to find on short notice is a used unit.

So recently I've been looking into other options for mining. It led me to alternate cryptocurrencies. You can easily mine these alt currencies by doing a quick search on google to find a list, or go to Wiki's List. There you can decide on what you want to mine and do the research! It's key! But anyway, this brings me to my next item. Its a little piece of software that you can use on pretty much any modern computer. This is Minergate, and no they didn't pay me to mention their site or software. In any case it's a nice way to ease yourself into mining. It can turn any computer into a miner with ease. You can network multiple computers together and mine. Although only a short list of currencies are available.
Minergate Main Interface
The current version of the software runs on all platforms and operating systems. This includes windows, mac and Linux. They have a GUI version and a command prompt version. The command prompt version uses less resources but doesn't have the rewards feature like the GUI version. In the GUI version of the software, there's a reward/achievements section. Here you can earn achievements and possibly win a reward. So overall it's worth checking out if you want to get into mining.
https://minergate.com

So yeah folks I'm back for good now so I'll be posting more content this week. Topics related to trading currency and getting a revenue network setup.