What I wonder about is whether the problem is from UAB “Finansinės Paslaugos,,Contis”, which is the issuer of the Binance Visa debit card program, and has stopped,
There are other cards issued by EU based exchanges and backed by Contis that are working without a problem, most likely it's either Visa pulling the plug or EU pressure but that wouldn't make complete sense since they have lost also the partnership with Infinios Financial Services for ME cards and South America is off the table for good. And then we have Mastercard pulling out of every deal completely on any kind of future partnership! This is just the end of FAFO, CZ adventures flying from one country to another, propping only empty offices everywhere, going through a dozen setup companies, the claims about Binance payments and not Binance trading which is a subsidiary of Biance Finance lost its license and that doesn't impact their business at all, anyone should have seen the outcome. Btw, real damage control over Binance: - we lost mastercard and south america and middle east ...but it's less than 1% of our users - we lost EEU...but it's less than one percent of our users soon to come - we lost Asia..but that's less than 1% - we can't issue cards in Africa but we never had a card there so zero losses 1%+1%+1%+0% =100%  |
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imagining being told your life was only worth £$10 an hour
And here is where you lost the crowd franky!!! I'm really curious about the percentage of people who would start taking navigation courses and sail over 7 seas for that! Oh, screw that, look at the millions flooding Europe for even less than that, risking their life and leaving their families behind all for far less than that. Redo the math for someone in the garment industry in Bangladesh or Vietnam, and then, when you ask if your entire life is worth $1000 you will realize the full meaning of "First World problem". so folks. the gist is.. if a business requires you to be away from home and performing activities that benefit them from 8:45-6:15 make sure they pay you for all of that time ESPECIALLY if its minimum wage
Grabbing popcorn and waiting for how this will turn for most of the users here, immediately after they hear they were supposed to have more than a 5-minute break during their 12-hour shift. he tells me he spends about £$2 in fuel per day
Hmm, some of the largest communities here, Pakistan 29 motor vehicles/1000 people, India 59, Nigeria 61.....United Kingdom 600. First World problem!!!! |
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It's very likely that this is just FUD, a tactic to spread panic now that the market is in bullish mode.
Yeah, FTX was FUD, Celsius was FUD, MtGox was FUD, you do realize that if you label everything you don't like as FUD you end up like an ostrich with his head in the sand who thinks everything is fine even though on the surface a dingo is already marinating his ass? Besides, the article posted by TheBlock has been updated with a comment from the WhiteBit exchange confirming that they received a request from Coins.ph to freeze the funds.
Yeah, the typical announcement, everything is fine, the money is all there but would other exchanges please freeze all funds coming from our service? We're in complete control but it just somehow happens that somebody else was transferring funds out without knowing! However Coinph should try to divert customers' attention from this incident,
You mean lie to them...  |
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Thanks again Phil for this fun contest, I am very intrested in seeing stompix's pick.  Nothing extraordinary here  14) +0.66 to +0.98% - Stompix Of course, the price jumped and screwed around with my previous scenario, ( "I'm going to pick something just above zero") that's a 10% in revenue in 7 days but I still don't believe in a higher jump than this being possible, not after the 6.4% , I know all the arguments against my pick and logic, I agree with them but I simply don't want to acknowledge them! I'm turning bearish on this, when I see 6 cents per TH/s per day and Bitmain asking $35 for TH/s with the halving in less than 200 days things stop making sense. |
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They are not, but with a twist!
The problem is in proving they are at fault for that!
What is the name of the law that governs this? Sounds a bit similar to the defamation law above, but I'm not sure if we're referring to the same thiing or not. I can only speak from a EU point of view, in this case, it's under misinformation. Depending on where you reside it can be punishable with a fine or not at all, under EU regulation it's the Digital Act but it has not been made into a directive so, it still comes down to local laws till 2025.. If you were to take it to court under market manipulation, then it's directive 57, but with a problem as this is the only paragraph covering and it implies collusion from a legal entity and that's a 2004 definition that would not cover crypto trading as a financial regulated market. disseminating information through the media, including the internet, or by any other means, which gives false or misleading signals as to the supply of, demand for, or price of a financial instrument, or a related spot commodity contract, or secures the price of one or several financial instruments or a related spot commodity contract at an abnormal or artificial level, where the persons who made the dissemination derive for themselves or for another person an advantage or profit from the dissemination of the information in question; or You have to prove their involvement, you have to prove their financial gain, you have to prove collusion and intention, and only if found guilty in a criminal case open to recoup losses. TLDR, nothing is going to happen!  |
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Another option (and the one I currently leaning to if what people are saying is true) is Revolut as from what I heard, its possible to send BTC on your account and then just spend it via physical or virtual debit cards but I still have to look into it more to see whether its that simple.
Revolut is a no-go for me, I had to accept some payments via Revolut because, well, stupid people who prefer Revolut over a simple national bank transfer and for two years I had 3 requests from them about proof of funds, after a year break to start adding Bitcoins to that account I left untouched is probably going to trigger the mother of AML checks and I'm not going to spend time on it. Once wirex is completely dead I will just opt probably for crypto.com as a card to have there in an emergency, with no funds just easy to charge when needed. Got that mail too and this is really funny for me What do I need to do?
On 20th December 2023, please destroy your Binance Visa Debit Card by cutting it through the chip and magnetic stripe.
Why? I understand banks when there is a new one issued as they might share the same number but in this case, the whole thing is useless. |
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I don't think anyone can get bored of the 1RS Paper and even that paper can be used 4 times by cutting it into pieces.. If you are comfortable with its lifeline better wrap it with a plastic sheet (Lamination). TBH Rather than wasting money on stainless steel I would prefer each penny to be invested in the Bitcoin, You kind of greedy with the stoshi's.
Sorry to tell you but this attitude will get you into trouble. Trying to cut corners on securing basically the wealth you are trying so hard to increase is just, well, a stupid choice, no offense! Using the cheapest paper, probably writing it down with the cheapest pen and you might end up in two years with something unreadable. I have a contract from 2018 that because was printed on some really bad paper is now just one gray paper, nothing readable, and lamitating that paper won't do much good either. You're being heap for what, $5-10 in order to secure evything? How much would those let's say $200 help you assume a x20 increase in Bitcoin compared to the risks of losing everything? I assume you also think a hardware wallet is a waste of money, so is having a separate machine for your wallet, right? Again I'm surprised at the number of users claiming titanium is expensive, guys, it's not gold!!! But, how easy are you stamping it.
if it's hard and difficult to stamp it, it is not really good, you can't read your seed clearly.
Titanium is not diamond, any cheap metal engraving tool will make a 1mm deep cut at every scratch with ease even with an amateur behind, if you're using a stamping tool, again it's easy for the average Joe, you're not using a 10-20 mm sheet IFV armour. |
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It is easy to get 10-15% ANY return rate, but the problem is that you will get that percentage in the form of altcoin and the value of this token/coin may decrease, or you may not be able to withdraw it, or it requires a large capital that makes the risk of losing everything very possible.
This reminds me of the exact same discussion with someone thinking high APY in some shitcoin is better than banks: One of the crypto's with interesting staking returns is #ICP¨, as it can give you uptill 28% APY (yearly).
Sounds better no?
Wake up people, before you end up poor! if your 1% bank interest was better than investing with 28% APY at a low of 17 (in this example..., is not the only project I am staking) Time will tell I nearly forgot about this till somebody pointed it out. Seems like it's time to see the result: So you had $17 - putting it in a bank with 1% you would have $17.17 - despite the last pump, your investment is currently $5.4 and with an APY of 28% is $6.92. So not only you haven't made a profit but you also lost $10.08 of your investment of $17$ Probably a lesson that earning more money by just buying money doesn't work always how some wish it would. At the moment the guy would have lost nearly half of his investment, right now he is even worse with his shitcoin being worth only $3.11 so despite the APY he would have ended right now with $5.1 versus the initial $17 and even $20 if we assume he would have got them invested in simple tok indexes. Don't get tempted by high returns in shitcoins people, you will end up far worse than holding fiat, these are just printing machines on steroids. If you want to invest in the long term, good Proof of Stake coins may be your choice if you have enough to reach the limit. Solana is the cheapest option, but stakingrewards is 7.13% +0.23%. The only problem is that you will be betting here that the price of Solana will not decrease.
Solana is that thing now worth 10% of its ATH? |
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For example, imagine a central processor (control board) that can simultaneously control 20 Hasboard S9 boards, it would be 120TH. Maybe in immersion.
And? You would have a machine made out of old used chips, highly energy inefficient that will probably never make a penny even if you got them for free.The s9 is making 84 cents while burning 32kwh, anyhwere above 3 cents per kWh with those chips you're at a loss. What would be the point? The KS3 antminer costs 15 thousand dollars. It cost 50 thousand dollars. Therefore, it should have a manufacturing cost of 500 dollars, like the current S19.
Everything costs as much as you're willing to pay for it! If anyone would be able to make the machine for $2000 he would have done so and sell it for $14 000, making a profit and outsmarting bitmain. But nobody was able to! Second thing, would you sell all the chips on a miner you have paid 15k for, and which would make you $100 a day for 500? Again, no! People created a virtual computer within Minecraft that runs Minecraft... the sky is no longer the limit.
You can build a Pachinko game in a game because it's just code, here you need a special physical tool in order for that, the chip, in Minecraft you could build an ASIC miner or a Bitcoin mining farm, it won't mine a single coin, just as playing Farmville will not give you a single apple. |
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So here's the idea: I have a question about using Satoshis to vote and this vote to be verified in the Mempool. Basically the lowest viable and network preserving s/vB possible is sent from the voting address to a set of static addresses that represent choices. The vote/1 SAT is sent with the low fee. It will enter the mempool for a period of time and expire at some point? Possibly making the vote free.
You would have in the case of the US around 150 million tx, the mempool now holds 20,000, the max was 600 000. Let's assume you somehow manage to run some nodes being able to hold all those you have another problem, which most bitcoin users would not want to deal with. Each address would have to be registered with an individual, it will tie that address to your identity forever, exposing it maybe, the second one is the problem of getting hacked, how would the authority decide which vote is the right one if your address sends two tx! Now the funny thing, it would take a **** of space to fund 150 million unique addresses, bloating the blockchain for weeks. It's a real crude, very time-consuming, and dangerous to the voting secret. There are plenty of other solutions readily available, like i-voting, and it runs on top of a blockchain. |
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But at the same time, I do not understand why news sources that publish false information are exempt from legal accountability.
They are not, but with a twist! The problem is in proving they are at fault for that! You have to prove they have caused you financial loss, you have to prove they have done it intentionally and more importantly, at least in our jurisdiction you also have to prove that the said piece of news was the only one that caused this independently, so in trading is almost impossible, unlike defamation. How in the world are you going to prove that the said article caused you and multiple others to buy and sell when there is a clear disclaimer on both news and exchange platforms about volatility caused by events? We all know it was the case, the judge knows, but you can't prove it beyond the reason of doubt so nobody is going to sue them! The only thing that would have a chance if a shareholder would try to do it, as the news was specifically targeted at one said company and claim losses by stock fluctuation. Otherwise, you're just like an oil trader trying to sue a newspaper about news that "might" have influenced oil prices. It's complicated, it's ambiguous but, it is what it is and right now we're helpless ! There were far worse cases without a better outcome, like one fake tweet and 20 billion wiped out: https://www.washingtonpost.com/technology/2022/11/14/twitter-fake-eli-lilly/ |
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In addition to what has been said, Bangladesh is a low population country
8th country by population, 7th by density, having the capital as the 7th city in the world by density and this is low? Bangladesh as a developing country, recently elevated to lower middle -income category, cannot be an exception to this global trend.
No! The actual quote was: The demographics in Bangladesh are favorable, and once the country navigates the crisis and addresses reforms through a full programme, it will be well-positioned to achieve middle-income status, he explained. If Bangladesh with its rank of 138th in the world by GDP would be middle income then god help us what poverty would mean. Bangladesh as a developing country,
Bangladesh is classified as a LDC -least developed countries https://www.un.org/ldcportal/content/bangladesh-graduation-status |
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New account only with this 1 single "review" post, assasinating one company to promote another one lol
So obvious and still so few catch this from the first read, common, what user would not take the time to actually check what they say about the one where they go scammed but instead spend more time to mention twice the alternative? I would not touch it with a two-mile pole! Btw, to everyone replying, you're wasting your time unless you post for your quota, the user is not interested in discussing a thing: https://ninjastic.space/post/62623082https://ninjastic.space/post/62609453 |
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Username: stompix
Bitcointalk Rank: Legendary
Lifetime earned merit: 5050
Bech32 address: bc1q5wlj8t8pjp6qsmdphstfee5d3lvg9f25yw7mmj
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Binance just announced that they are stopping with offering their Visa debit card services to EEA users on December 20th 2023.
Wow, Binance is in a worse mess than Wirex right now, imagine that being possible at all! At least Wirex somehow by god knows what scheme managed to keep their virtual cards alive and those worked with curve, Binance is killing virtual card also. The only question now for me is what to use next as I got used to crypto debit cards (and the cashback program ). I'm not looking for one right now but, do we have any option at all left? Something that is not shady as * and whom you would normally trust with more than 1mbtc? I've gone through Ratimov list and there is almost nothing on that I would use, maybe crypto(dot)com ? |
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If I give my BTC to a P2P seller within Binance he can pay me on an outside service. Likewise if I buy BTC within Binance.com P2P I pay to an outside service. EUR within Binance isn't transferable from user to user anyway due to regulatory reasons. So it's not possible to fund your EUR balance at a binance.com account with P2P.
Bruh, I give up, seriously! Oshosondy asked simply: Without the euro deposit and withdrawal, but people in the countries that spend euro can still make use of P2P to transfer euro and crypto within themselves using the Binance exchange?
They can, because they don't need Binance, just like all these guys are doing right now: https://p2p.binance.com/en/trade/SEPA/BTC?fiat=EURThere is and there was never a need to fund your Binance account with EURO to do a P2P deal! Never! |
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Is investing in Bitcoin easy or complicated? Is it possible to achieve success by investing in Bitcoin? The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.
It's about 100 times easier than merit farming! I don't have any bitcoins and don't know how to acquire it. So let me get this right: You don't own a single satoshi You don't know how to even buy some satoshi Yet despite the above you at no point have asked how to buy Bitcoins or help in acquiring it but went straight to the money making! Bitcoin investment is very easy and straightforward. Just buy and hold!
Just like a perpetuum mobile, right? |
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As of why P2P wouldn't work, well... It's pretty simple to understand why. With Binance P2P you can pay someone to buy your crypto (or sell crypto to you) with alternstive payment methods. But without a FIAT payment partner Binance has no legal avenue to accept FIAT funds in any way. So instead of creating a supply vaccum of useless EUR deposited in the exchange they completely disabled EUR markets for the regions affected. The alternative would be Binance going rogue and accepting payment methods to accept EUR that are not regulated. But Binance wants to do things at scale and that wouldn't work for its users in Europe who are KYC'd anyway.
Bruh, it's P2P! I don't deposit the euro to Binance I deposit it to the other guy's euro account. So if Rikafip and I who are both EU citizens would make an exchange : - Rikafip would deposit the coins to Binance, create the sell order, give me his ING account, and wait for me - I would make a transfer from my Erste bank to his ING account and send him the payment details - He gets the money in his bank account, he releases the escrow At no point, there is a Euro transfer involving Binance's bank accounts! From Binance's own website: You need to transfer the payment directly to the seller through a bank transfer or other third-party payment platforms based on the seller's payment information. |
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Am I the only one who uses coin control as the default option? Whenever I want to make a payment, I start by selecting the UTXOs I wish to spend. There are lots of reasons you should do this over automatic selection. Privacy is the biggest one, as has been discussed already. I want to spend specific UTXOs for specific things, and I definitely don't want my wallet automatically consolidating UTXOs I don't want spent together.
Coin control has same limitations depending on the user profile. I use multiple wallets, the one I'm doing only deposits has no problem with it as I spend the entire output, makes no difference if I want to play around with $200 for a few bets on some Ascot festival or F1 circuit and I deposit $217, on that wallet I can safely control the coins perfectly. But on my other messy wallet I use to buy cheap small things and pay vps and vpn subs, I end up with so many and so tiny outputs they are unusable, I batched them last week and 3 or 4 of them would have been a loss over 5sat/b  That aside I don't understand the privacy thing in this so-called conjoin. Outputs a1,a2,a3,a4 which are let's suppose known are being consolidated into b1 2b b3, calling b1 a decoy... How is that different from sending a1,a2,a3,a4 to c1 and then splitting that for payments? If we assume ax are known everyone can see the trail of the coins, there is no privacy whatsoever, you could have just sent each output a1>b1, a2>b2 and then consolidated those it would have set the same level of privacy, which is approximately zero. Isn't coin control obsolete thanks to advancements in coinjoin technology? When I make a transaction, there's no labels necessary because any coins being spent are completely isolated from other transactions I did.
However they aren't at all in your example, there is a simple one tx link between them! Mixers are not offering some complete secrecy, they are used to break the links, if you're not stupid enough to, quoting from your article: Lichtenstein would often open up accounts on bitcoin exchanges with fictitious identities. In one specific case, he allegedly opened eight accounts on a single exchange (Poloniex, according to Ergo), which at first were seemingly unrelated and not trivially linkable. However, all of those accounts shared multiple characteristics that, according to the complaint, gave the couple’s identity away.
First, all of the Poloniex accounts used the same email provider based in India and had “similarly styled” email addresses
The complaint also alleges that Lichtenstein joined multiple bitcoin withdrawals together from different Poloniex accounts into a single Bitcoin wallet cluster, after which he deposited into an account at a bitcoin exchange (Coinbase, according to Ergo), for which he had previously provided know-your-customer (KYC) information However, the article also mentions: There is also no record of using mixing services by the couple, which can’t erase past activity, but can provide good forward-looking privacy if done correctly. Which is exactly the opposite of your claim! |
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