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1021  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Altcoins on Binance may have gotten a boost from Coinmarketcap on: May 18, 2020, 05:29:46 PM
As a result of the above changes, guess what? Binance is now the number one exchange in CMC! Tadaaaaa!

We know that no matter how questionable CMC was before, the site is still the most popular cryptocurrency market data aggregator among beginners and average retail traders. Most of them would rely on CMC's ranking and would most likely trade on Binance. So what are the chances that they will buy and sell altcoins there? Pretty high if you ask me.

What is your take on these recent changes?

I think you don't know that Coinmarketcap is now owned by Binance since the first week of April and the result you are seeing now is not brought to you by the previous management of CMC but now with Binance operating above it.

Also they never had removed the adjusted volume in their metrics for ranking and they are still using it. Now the question on where they do get these adjustments are? They are still reflecting the data that has been submitted by these exchanges, they never had improved anything yet in terms of showing accurate and transparent data but I'm still expecting that this would change soon enough.

* Adjusted Volume - Volume from spot markets excluding markets with no fees and transaction mining
1022  Economy / Trading Discussion / Re: New Merchant Service Suggestions on: May 18, 2020, 04:03:07 PM
It sounds like you are looking for something like what Coinbase Commerce has to offer for you and your clients. Your customers can buy in their Coinbase Wallets cryptocurrencies using their credit cards while you can receive BTC payments that are converted to fiat straight to your bank account.  The good side about this one is they are the ones giving your the needed html codes for you to have the new checkout pages for accepting Bitcoin payments in your website. Other option is Bitpay which is a similar service, they also have crypto debit cards the same as what Coinbase is also offering.
1023  Economy / Service Discussion / Re: Ad Networks that pay out in Bitcoin? on: May 18, 2020, 01:38:34 PM
If your website is eligible for Google Ad Sense I would recommend you on applying this in your website rather than crypto-paid Ad networks. From what I have seen their payout is considerably smaller compared to what Google Ad Sense can pay you. Their ads are sometimes also out of controlled and even make it disturbing for some viewers as they don't screen the ads very well. You'll also see a lot of HYIP sites, scams, sand even phishing sites being shows to your viewers depending on what sketchy ad network you will pick so really don't pick a ad network just because they pay in Bitcoin as it might not be worth it.
1024  Economy / Economics / Re: Americans hoarding cash doing more harm to their economy? on: May 18, 2020, 12:23:09 PM
You cannot force a person to spend their own savings/money just to save their country's economy what they'll be doing is they'll be spending their money and buy unnecessary things which doesn't show any kind of solution to the problem at all. It's not the citizens fault with lockdowns in place I don't see why at this point they would be encourage to spend something if it's not safe to got outside. Aside from that the government is the one who needs to have the solution here from decreasing interests rates as well as businesses accepting thaty they also need to make their goods and services attractive in terms of lowering their prices. The citizens of the United States are in a pretty good position here if this thing is really serious as they will see a lot of prices going down not only stocks but also goods and services.
1025  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin halving real or just a theory?? on: May 18, 2020, 09:54:00 AM
You might be confusing the term "halving" with the term "burning". Where burning occurs when a project decides to cut their own supply in order to adjust the intended demand of just burn/destroy unused or unsold cryptocurrencies from their sale, Bitcoin doesn't have this "burn" feature as it wasn't even introduced by Satoshi. Halving is totally different from burning since it doesn't cut the total supply of 21,000,000 BTC it only cuts the block rewards of miners when they are mining BTC, what it does is it essentially slows down the process for miners getting more and more of the last supply of unmined BTC.
1026  Economy / Speculation / Re: Emphasis of true decentralization on bitcoin on: May 17, 2020, 08:38:45 PM
Hacking: As I said, hackers can penetrate any network and have access to people's money and relevant online assets.

If you are talking about crypto exchanges and some custodial wallets then you are right Bitcoin is vulnerable but it's not Bitcoin's fault but the vulnerability and security flaws those third party services are offering. But if you are talking about the existence of double spending or a 51% attack I believe that these two are something cannot be done in a large scale or can be greatly mitigated by waiting for 6 confirmations in your transaction, basically the hashing power of the pools we have now are too big and I don't think a certain individual has a lot of resources to overpower Bitcoin's network.


Fraud activities: The decentralized network of bitcoin tends to be untraceable. Unless your exchange wants to be part of the investigation then you can get back your funds but in most cases, the fraudulent act comes up every day regarding the blockchain network.

In conclusion, they can only be one currency that will take over bitcoin in the future, a currency that has a blockchain that tackles those disadvantages above. If users Can have a decentralized network that can provide them with sufficient pieces of information. About their activities and how to trace their money back then people can trust them better than they have done to other cryptocurrencies.

We already know that Bitcoin isn't anonymous as what was previously said to it.

AS DISCERNING DARK web drug dealers and pseudonymous hackers have figured that Bitcoin is not magically private money, many have turned to Monero, a digital coin that promises a far higher degree of anonymity and untraceability baked into its design. But one group of researchers has found that Monero's privacy protections, while better than Bitcoin's, still aren’t the cloak of invisibility they might seem.

Both people within the government as well as the ones doing criminal activities know that Bitcoin is traceable through Blockchain and other methods of tracking that's why they criminals are shifting to a more privacy oriented crypto such as Monero. Your two "disadvantages" seems to me are non-existent and is something disproven for a long time now.
1027  Economy / Scam Accusations / Re: FREEWallet.org stole 55 000$! be careful SCAM on: May 17, 2020, 07:16:44 PM
Step 6:

Provide Links to active profiles in any social network. We understand that on some occasions, this information may require some time to retrieve.

Step 5:

Send a clear closeup photo of an original paper version or an original PDF version of any of the following documents:

-bank card statement;

-excerpt from a household register;

-tax bill or tax return;

-utility bill payment receipt (water/gas/internet/phone and so on).

 

The document should be addressed to your name and residential address and issued no longer than 3 months ago. Information should be in English. If the documents are in another language, please send a notarized translation.

It's the first time I'm seeing a crypto wallet asking for their client's social media account as part of their KYC verification process. I don't know about you but this feels sketchy af, as literally no government department will be requiring a service to mess around with their citizen's social media accounts for KYC approval it's not identification and verification anymore it's more a violation of privacy for me. Add in the other things they are asking for your KYC documentation it feels like they are more into stealing your identity rather than actually verifying your account. I would really try to avoid this service as I don't see any good on trying this out when other wallets don't have any issued like this.
1028  Other / Beginners & Help / Re: Can you buy Bitcoin and Alts without Identification? on: May 17, 2020, 05:40:17 PM
Bitcoin Atms
This is the most straightforward way to buy and sell Bitcoin or Alts for cash. A Bitcoin ATM is an automatic machine, no Identification required and the process can be completed in minutes.

How do you locate a bitcoin ATM? There are two leading sites dedicated to that purpose: CoinAtmRadar and BitcoinAtmMap. The two services offer a Bitcoin ATM map service.

From what I know not all crypto ATMs are KYC-free countries like the UK and New Zealand before you can even access their Bitcoin ATMs your account must be registered and KYC verified by there service, in some countries like the Philippines where there Bitcoin ATMs are services part of banks also require you to open a bank account from their bank and undergo a KYC process as well so definitely Bitcoin ATMs are not some kind of service where anyone has full access with it since looking at it right now it is now also under string AML compliance from their respective governments.
1029  Other / Meta / Re: How to find your post in a topic? on: May 17, 2020, 04:32:20 PM
If you know the thread's title already I don't think that it would be a problem since most of the threads now are 2 to 5 pages long and using Ctrl + F and finding your username won't be a problem. However if you don't know both the thread title and when you have posted it they are right to say that you need to manually search for what you have written in your post history, I have found several of my past post that I want to quote/link in a new topic this way. Keep in mind that there is also a possibility that the thread or your post have been deleted that's why no matter how many times you skimmed through your post history you can't find that particular post since there is a chance that is may have been deleted. 
1030  Bitcoin / Legal / Re: China's Lower Court has Ruled Bitcoin as a "Digital Asset" in one of their Cases on: May 17, 2020, 03:08:01 PM
This is confusing news.

1. Whether Bitcoin is an asset or not, or whatever they call it there, is immaterial to the case. Whatever category it is placed under is irrelevant and cannot be a ground for the robbers to simply keep it. They are stealing something and claim that it is not an asset, therefore they can keep it? That sounds absurd.

Not according to the law, if Bitcoin isn't an asset then technically these criminals are put to the stand for nothing as they stole Bitcoin that isn't have any value in terms of being an asset. If the judge agrees to their argument then the criminals would simply keep the Bitcoin and a chance of them being free as well.



2. How do they define an asset? Strictly speaking, anything with value which is legally owned by a person is an asset or a property. What if the court would not declare the Bitcoin as an asset? What then is it? And would it not be protected by law? 

If Bitcoin isn't identified as an asset like I previously said it will be a thing that doesn't have any value, if this happens even on a lower court like this one this can still have a precedent on other future cases which would be bad for Bitcoin overall in China. It isn't even about the basic definition of what an asset really is as the Judge even stated that Bitcoin was never not classified as an asset and has been recognized as one in a long time now.
1031  Bitcoin / Press / Re: [2020-05-16] JK Rowling Asks About Bitcoin on: May 17, 2020, 01:40:14 PM
Why are people overreacting to this and thinking that this is something negative towards Bitcoin? Obviously the wrong thing that JK Rowling did is ask "What is Bitcoin" in the internet on a social media platform where a lot of trolls exists. The answers she would get will obviously be not correct or at least be stupid enough for Rowling to be confused. If you read the article now you will see all replies to her are answers about Bitcoin in relation to her books which will confuse anyone who really don't know what they are looking for.
1032  Economy / Service Discussion / Re: Creating a new service need feedback on: May 16, 2020, 08:32:47 PM
~snip

Yes, that is the one downside. Do you know of some other international ones being used to send cash to people using a debit card? I'd rather expand outside the U.S too if you know if a simple service to send money Int'l by attaching a debit card let me know.

Aside from Paypal you have the option like I said to have Bank wire transfers, I don't know about the fees but it will be a quick way to send the funds to your clients you also have the option for them to be the one shouldering the fees. I think bank transfers is the best way to go since Paypal is know for their charge backs where your users might feel uncomfortable about it especially if you are a new service.
1033  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: May 15, 2020, 09:58:58 PM
Pjanic can now move to PSG for Verratti or to Chelsea for Jorginho according to media.

Juventus has identified the midfield as the weak spot of the squad.

Rumors are talking about

Van De Beek
Pogba
Tonali
Arthur
Verratti
Parades
Jorginho
Aouar

They are also in the market for selling on exchanging

Khedira
Rabiot
Pjanic
Matuidi
Ramsey

The only one who is staying for sure on the team could be Bentacur.

The next session should be for changing 2 players on the midfield, 1 striker and 1 right back defender.

I honestly don't see any big moves from Juventus happening especially if they are one of the first ones financially affected by the Coronavirus. They are the first Serie A teams to cut off their staff salaries as well as lay off some workers and a few weeks after that there were also rumors about them offloading some key players like Dybala to earn some cash. With a lot of financial problems going with Juventus I think we won't see them making any kind of summer splashes in this upcoming transfer window. Although everything could change with some sponsorship and some other strategies to add funds but this will be an unlikely scenario.
1034  Economy / Trading Discussion / Re: New to trading on: May 15, 2020, 08:47:03 PM
Based on how you currently described your situation my guess is what you are trying to say is if averaging down with cryptocurrency is possible? If that is what you are asking the question is it depends on you. Are you willing to take a paper loss and still continue to buy the same asset for a better margin of safety? If you are you can average down right now and hold Bitcoin at a loss temporarily. Keep in mind that this is really not a common method since people tend to the what is best which is shorting the crypto asset which aside from giving you some profit you will also buy them at a cheaper price with a bigger capital from your gain. If you have the ability to short crypto assets right now I would recommend you on doing that.

I am prepared to ride it out with a few crypto's and Bitcoin at this point as times are looking more positive than they have been lately. I'm trying to flip my Neo and buy back in in as well

Well if you are prepared to ride it out based from your findings you gave in the OP I'm afraid that's a bad way of analyzing price predicting, you are more speculating rather than do any kind of analyzing itself. Just like how people predicted that Bitcoin will FOMO just because of the halving, and we all have witness that nothing spectacular has happened. This is just one example of one kind of event doesn't lead into some price action that's why you should not always stick one event and assume it will benefit the price.
1035  Economy / Service Discussion / Re: Creating a new service need feedback on: May 15, 2020, 06:54:37 PM
Venmo isn't really that big outside of the United States, I don't even know if they are available in other countries or not. So maybe changing your payment method to a widely available one for sellers is a better option or at least add in some other options like wire transfers to make it widely available. But if you are solely choosing Venmo because you are focusing in the U.S. market maybe is a good choice but also you need to consider that not all people there are using their services as well so really other payment methods is a must.
1036  Alternate cryptocurrencies / Altcoin Discussion / Re: 3 Altcoins Set To Explode in 2020 on: May 15, 2020, 06:01:11 PM
2. Binance Coin - https://coinmarketcap.com/currencies/binance-coin/


-this coin needs no presentation. In the last few weeks over 1 billion USDT has been sent to Binance. If the rumors are true, a good part of it will go to pump BNB. This is a must-have coin.

LOL!!!!! How did you even come up with this kind of "rumor" that people will just be converting their USDT to BNB? Even though people have deposited a billion worth of currency in an exchange you can't automatically assume where that money will be headed without any kind of fact supporting it.


3. Ethereum - https://coinmarketcap.com/currencies/ethereum/

-Ethereum 2.0 is around the corner. It would be a shame not to get on the hype train....

As far as developments within an existing cryptocurrency exists Ethereum 2.0 as for ETH will just be like SegWit and Lightning Network for Bitcoin. Both of which didn't cause any kind of pump for Bitcoin so why do you think Ethereum 2.0 will cause some kind of pump for Ethereum? I won't really be believing the headlines for this  development right now as it is too much hyped.

1037  Economy / Trading Discussion / Re: New to trading on: May 15, 2020, 04:20:41 PM
Hello All,

I was hoping to get some advice as I am brand new to crypto and trading. So if I have bought an Altcoin or bitcoin at a higher price than it is now should I sell and buy the dip or does crypto not work like that? I am trying to find the best way to start making small profits.

Any help is appreciated.

Based on how you currently described your situation my guess is what you are trying to say is if averaging down with cryptocurrency is possible? If that is what you are asking the question is it depends on you. Are you willing to take a paper loss and still continue to buy the same asset for a better margin of safety? If you are you can average down right now and hold Bitcoin at a loss temporarily. Keep in mind that this is really not a common method since people tend to the what is best which is shorting the crypto asset which aside from giving you some profit you will also buy them at a cheaper price with a bigger capital from your gain. If you have the ability to short crypto assets right now I would recommend you on doing that.
1038  Economy / Services / Re: Telegram channel promotion on: May 15, 2020, 02:29:19 PM
Like what they have said  I won't recommend you availing any kind of services related to Telegram promotions as based from the services I have seen they are always about boosting the numbers of your member up by either using bots or members who will be dead in terms of activity in a month. I won't also recommend you availing campaign managers to promote your channel since it would be the first time I'll see someone only wanting to promote a Telegram channel without a product/project behind it, plus it will be expensive for your part. The best thing you can do right now is to promote your channel on your own through social media groups related to your channel or just simply asking your existing members to promote your channel for you, like how Youtube channels ask their subscribers to "share and subscribe to show support".
1039  Economy / Economics / Re: How can a small shop survive in Manhattan,NY with a rent of 5k per month ? on: May 13, 2020, 03:38:47 PM
Bro the rent won't be that high if the shops weren't able to afford it. We always need to put into consideration about "location" and since Manhattan New York is one of the most densest cities in the world I doubt that they don't even earn any profit from it at all except right now where the pandemic is actually causing a lot of trouble I know these business owners aren't really having trouble paying their rent because they can. Next time you are there and when all things clear out maybe dedicate a month to see if they surpass 1,000 customers in a month to see if they are able to earn any profit, and that is assuming that these customers are just purchasing one 5$ meal.
1040  Bitcoin / Bitcoin Discussion / Re: More info about Satoshi Nakamoto needed for research on: May 13, 2020, 02:36:42 PM
Hey everyone, I have decided it would be cool to do "research" about Satoshi Nakamoto to find out a bit more about him and his disparition. We could unite our knowledge about him and maybe get to somewhere with that.

Any info would be appreciated, Thanks

Research? More like stalking for me. The guy created a pseudoym to remain anonymous and what you want is to find out more information on him? It won't really be "cool" if you ask me if this stalking can turn into a manhunt for Satoshi, I mean look at the consequences first in tracking him down, you are basically trying to make his life in danger. If your research has really no purpose behind it or you have a hidden agenda I think you should back off now since you aren't respecting Satoshi's anonymity.
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