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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Terra (LUNA) Market Analysis on: April 02, 2021, 06:57:08 AM
Luna is a good coin and I have a good feeling that it will gain more in this year. Luna also tries to become a stable coin and replace usd on the internet. this is a good idea because I have not seen any project try to replace such an influence like that. When people create a stable coin, they always use USD to back behind it, for example is usdt. But there are rumors that USDT is not transparency and in fact, we do not know that Tether limit has enough usd in the real life or not. They keep printing more usdt during the big rally like that.

Thus, if a big investigation hit USDT, there might be a huge drop in the cryptocurrency market because USDT has the highest trading volume.
2  Other / Beginners & Help / Re: Can you cancel BTC transaction with 1 confirmation? on: November 01, 2020, 08:31:10 PM
Absolutely not. There is no way to reverse a transaction with at least 1 confirmation because apparently it have been appeared on the blockchain. And therefore, the process is irreversible. You can only make a double-spend transaction which make a transaction forever pending without receiving any confirmation

That is one of the power of the blockchain.
3  Other / Archival / Re: Bank Account Freezed on: August 02, 2020, 03:08:26 AM
After a long time, I found a right place to ask my question.

Last year, my bank account got frozen. Bank said that my account is blocked based on the instruction from Cyber Crime.

I did few P2P Trades on P2P Platform. Is that the reason?

No one has contacted me so far? Does any faced similar issue and got it resolved? If Yes, how?


Update:

I am from INDIA.



Any other update so far?
I want to follow your case as well as your bank because the law in this area is still limited. I want to learn more about this.
I have no experience in this kind of stuff, but I think you must talk to the bank and together find a way to get away with it. There's no way that the bank just froze your account without any further announcement.
4  Economy / Economics / Re: Very strange most people like to buy with bitcoin , but using altcoins very few on: August 01, 2020, 01:41:08 PM
I think people still trust Bitcoin more than any other Altcoins. We have been using and putting our trust in Bitcoin for a long time, its effectiveness is proven by time so that switching to another currency is not necessary. Moreover, there is resistance in switching between cryptocurrencies that they do not want to start to do so as transaction fees or the connections they are already using.
5  Bitcoin / Bitcoin Discussion / Re: Some gamblers have been arrestes in Bangladesh for money laundering through btc on: August 01, 2020, 01:57:04 AM
I sometimes sell BTC in local market through the help of some facebook group. I never felt that I am in risk but for the first time, it seems like we are actually risking ourself a lot of by selling BTC to unknown. What if they get a trace of ourself and link us with such transactions? Would we be also get punished? For your info, we had to use our mobile number to continue dealing.
As long as you are not doing anything illegal, I don't think you can get arrested that easy. As far as the law in my country, using Bitcoin is not protected by the government and it's not banned. It means that if something happens when you are using Bitcoin, you will not be protected at any kind, it's not that you will be arrested by using Bitcoin. Unless the law of Bitcoin is different in your country?
6  Bitcoin / Bitcoin Discussion / Re: Bitcoin.com uses bitcoin cash as default currency on: July 14, 2020, 03:00:00 AM
How can someone buy BCH and think that he is buying BTC is beyond me, considering the huge difference in price. I mean, if you buy BCH thinking that you are actually buying BTC, but discounted for 97% (and not questioning yourself how can that be possible) you will have hard time in crypto. Hell, even on that website they make distinction between those two.

Then again, people are still sending money to BTC doublers, so I guess everything is possible.
They're newbie anyways. The website owners purposedly put the word 'Bitcoin' and 'Cash' together to fool the users. We are not newbies so we are aware of the name difference but a newbie who doesn't have much idea about Bitcoin and cryptocurrencies, they may be confused and thought that's the real Bitcoin. Especially they're buying it on a website which seems 'legitimate' with the domain bitcoin.com, isn't it easy to be fooled?
7  Economy / Gambling discussion / Re: What's your favorite crypto for gambling? on: July 11, 2020, 05:55:09 AM
I think it's Bitcoin at this moment because its price has grown so big that the minimum wager I need to make is somewhat small enough. Having a small minimum wager is important to me because I don't like the risk, I usually think of strategies and those strategies would require a lot of money just to touch the "safe" streaks. Maybe Etherum is my next favourite currency, its price is high enough to have a "reasonable" mini wager but it's low enough for me to buy a large amount of it.
8  Bitcoin / Bitcoin Discussion / Re: When Bitcoin Must Be Inherited on: July 11, 2020, 05:46:08 AM
The idea is great but I don't think that is necessary though, I think the owner himself needs to be aware of his status and have some kind of protection/ backup for his Bitcoin. That should and must be the right thing to do with everything especially with this field which involves crypto where you can lose all your assets because you lose your private key and have nothing to backup.
So it's like backing things up, the owner needs to point out the inheritance himself, let the wallets do the more important works.
9  Economy / Economics / Re: Can we agree BTC is not a store of value? on: July 10, 2020, 09:20:09 AM
Think of this: one day, the scientists found a little meteor that contains a lot of gold, more than the mass of gold on Earth combined. Not only do they know exactly how to harvest it but they also invent a method that allows people all around the world to participate in harvesting the meteor. Now everyone has a lot of gold, gold becomes something usual, its price drops, every grams of gold ever been stored become nothing. It stops being a store of value.
With the example above, we can agree that gold is not permanently valuable. The same logic applies for Bitcoin, its price goes up and down. Maybe someday in the future, everyone gets tired of it and stop using it, would it be a perfect store of value anymore?
10  Bitcoin / Bitcoin Discussion / Re: Will bitcoin be the ideal currency of the future? on: July 10, 2020, 05:48:31 AM
At this moment, we can think of Bitcoin being an ideal currency, yes. Although I believe more in the future when technology become powerful, especially quantum computing. With quantum computing, people can decrypt the Bitcoin address so that Bitcoin isn't safe anymore.
Please correct me if I'm wrong, I believe the algorithm to generate Bitcoin addresses aren't completely impossible to reverse, it's just really hard, practically impossible to do it with the current computing power.
11  Bitcoin / Bitcoin Discussion / Re: Should we invest in a bitcoin exchange? on: June 20, 2020, 01:42:50 AM
After many years of trading, I realized that I should have my own bitcoin exchange. With a volatile bitcoin market investing in a bitcoin exchange is really beneficial. I need more sincere advice? After consulting a number of suppliers. Only $ 10,000 for a bitcoin exchange. Details:bitcoin exchange source code . With such an amount, should an bitcoin exchange be invested?
I think you should investigate more about the source code. I've looked into the source code you sent and maybe it's not a good source after all. The link is not secured:


Their contact information is a from free email service:


I've checked their social pages as well, they're not really well-known and well-managed.
12  Bitcoin / Bitcoin Discussion / Re: Bitcoin is More Popular Than Traditional Banks on: June 19, 2020, 06:35:49 AM
I think that's from big countries with open-minded citizens who have the ability to understand/ use the Internet and actually have the right knowledge about Bitcoin. In the smaller countries, where Bitcoin has been going with the scams, people wouldn't believe it. Try some country in the ASIA, there were lots of scam with Bitcoin involved. There was so much that every time they think or hear about Bitcoin, they immediately say no and run away. They are not educated about Bitcoin enough to actually believe it.
13  Economy / Economics / Re: Why is bitcoin worth so much ? on: June 19, 2020, 01:06:53 AM
It is one of the first cryptocurrencies.
Its ability has been tested over time and has proven to be worthy. Moreover, people who use it find Bitcoin trustworthy, the most important part of being a cryptocurrency is that everyone needs to believe in you and actually use you. Bitcoin has always been used and has mostly never had trouble. As long as there are people who are using it for their purposes, no matter what it is, Bitcoin (and other currency with the same reason as well) will still be used by people all over the globe.
14  Economy / Economics / Re: What can you buy with 0.01 cents (1 penny) ? on: June 14, 2020, 12:39:01 AM
That's a good idea, really.
But I afraid that it's not so practical. I believe there were lots of systems that work like that but they accept much more than 1 penny. I myself am using a system that accepts at least 1.5$ to make a profit.
The problem with 1 penny is to manage that small amount of money will cost more than the money itself and it really not worth investing in. Maybe you should think about the management system instead?
15  Economy / Economics / Re: Fiat Vs Cryptocurrency, which would you choose? on: June 10, 2020, 03:49:54 PM
I think now with the lack of real use for cryptocurrency, then I personally tend to prefer fiat because after all banking also continues to make updates so that in this digitalization era fiat can still be used of course with digital systems and with the development of this era does not mean bitcoin or cryptocurrency not necessary, because after all cryptocurrency is a solution that can be used in any case because crypto itself is not purely about currency but an asset that in reality most people only choose to invest in this market not about real usage like fiat.
Yeah, that's obvious because there are not many applications for Blockchain technologies as well as cryptocurrency yet. Now I think it's like using it to pay "some" of the digital services, gambling, investing, or trading. There's not much to do with cryptocurrency actually, that's why you're bored. Imagine in the future, there will be the world that everything can be purchased with a little touch with a little time, perfectly instant, that world compares to our world nowadays is like a miracle.
16  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a Store of Value on: June 10, 2020, 08:13:26 AM
You're saying the truth. Most people who are complaining about Bitcoin are not considering the long term price. They are only looking at the short term movement, and I do understand their reactions are based on when they started investing their money and started experiencing loss. Anyone that invests in cryptocurrency at a rate that is low, and HODL it for a long term, they will be able to make profit.

Right from the beginning, if you check the all time chart, you will notice that the lowest in every year is usually higher than the lowest for the past years just like you have explained, but people are not looking into that.
Many people take Bitcoin as a way to invest, they see Bitcoin like a stock, buy and hold Bitcoin in a short term with their hope of being rich easily in a short time like so many people have done before.
I know that's one-sidedly viewed but think about the outsider, they don't actually know how Bitcoin works, the only thing they know is that Bitcoin is expensive and so many people have been rich because of it. The more people think like that, the idea will spread without needing anyone to talk about it, it will lean deep down into everyone's heart.  Undecided
17  Bitcoin / Bitcoin Discussion / Re: Question: pre market bitcoin. on: June 09, 2020, 02:55:49 PM
Hi

I bought usd 100 worth of bitcoin in the past.
I guess about 20 years ago.
There was no bitcoin market exist at that time.
No bitcoin wallet.
They emailed me bitcoin address? and password.

I guess they were testing bitcoin in market and we can buy things in ebay with bitcoin.

I found old harddisk drive that probably has this old bitcoin.
Do you think we can still cashing out this old bitcoin?


Wow I guess nowadays there are a lots of people who want merits so much that they made things up and post on Bitcointalk forums despite the fact that they have literally no knowledge about what they're talking.
Bitcoin is believed to be developed at around 2009 which is 11 years ago. In compairation to what you said, if you are not just a newbie who wants merit so much, you have faced a scammer. I personally think you are a greedy man who just want to shitpost here. Have a great day Smiley
18  Economy / Economics / Re: Government & Bitcoin on: February 02, 2018, 06:47:41 PM
I think that the whole market will become more and more regulated.
That has already started with the identification steps at the exchanges.
Other things will follow, maybe it will hit the ICOs or new currencies in general.
But this is not necessarily a bad thing. A more regulated market might have a safer impression to newcomers.
Maybe through that the crypto currencies can even grow more.
of course, the state will regulate ico because they need to receive income from this, too. but how will they regulate the block technology? it's impossible.

They do not need to regulate the blockchain technology, what they just need is to talk about it with the "most knowledgeable group", agree on one thing and regulate digital currencies. There are some countries that regulate bitcoin so I dont think that it is impossible. If they ban bitcoin then we cant blame them, they want it but still people there can still invest on it.
I know the truth is the Korean government had problem when some people want to ban cryptocurrency exchange and anything related this currency.
Of course, you also know Korea is one of the top countries have high volume trading everyday.
And after this rumor became popular, a lot of people already to against whom had this idea, it is really so funny Cheesy.
Bitcoin will develop even more powerful than now if the government allow citizen to use Bitcoin. There are not any rules are promulgated to use Bitcoin in any country (In these country, Bitcoin will be used freely). Many countries even ban Bitcoin. Using Bitcoin will be convicted to be guilty in some countries.
19  Economy / Economics / Re: Is bitcoin a good way to invest your money ? on: February 02, 2018, 06:41:06 PM
I heard that bitcoin is a good investment for making a huge profit in the future , is that right ? Because i want to buy some bitcoin in these days .

Yes, bitcoin is indeed the right choice to change the economy for the better. You can start it for bitcoin investment and wait for it to make a profit.
Many people believe that. They believe that Bitcoin will bring to them a lot of money through long term investment. Many people also have a prediction that Bitcoin's price will reach 30,000$ at the end of this year. Money in their account will double or even triple. That's why I agree that Bitcoin is the best way to invest your money.
20  Economy / Economics / Re: Is bitcoin dead? on: February 02, 2018, 06:24:20 PM
Where do you hear these fallacies from man. Bitcoin isn't dead. If you have been observing the historical data, there's usually a dip when the festive season comes in, please start selling these coins to buy stuff. Bitcoin adoption hasn't halted, it's ongoing. The price just corrected, it was long overdue. Bitcoin takes a slight dip you think its dead. FUD mongers would love this.
The only bitcoins I ever got were a few back when you could mine profitably with GPUs, and a few more in exchange for services. Never bought any with real money and don't plan to. What I am interested in is if anyone serious still sees a future in bitcoin, and if so, what they're reasons might be. That's why I started this thread.
No it won't. It is a long way for Bitcoin to reach 20,000$ at the end of last year. However, that's normal, Bitcoin is chosen to be the best cryptocurrency nowadays. That's why Bitcoin's price dropped down to balance with the others coin. It will increase again no matter what. Bitcoin has achieved many great thing and save many people's life.
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