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10861  Economy / Economics / Re: JP Morgan’s new digital ‘coin’ is not a cryptocurrency, or even a stablecoin on: February 14, 2019, 10:42:20 PM
I didn't research about this new coin, but decentralization is not necessary for all projects. Let banks and financial institutions use blockchain technology to improve and scalate their services, it will be better for everyone. Like xrp for example (which I believe is a nice project)
10862  Other / Beginners & Help / Re: What is Quality post really ? on: February 14, 2019, 09:17:26 PM
People are caring about post quality because they want merit to rank up account and get more BTC.

Most of users worried about post quality just want to post anything to get +1post. That's not how things work here anymore. Of course there are many spammers in old sign campaigns, but those users are less and less common nowadays.

Just read more than you write.
Take your time to write posts and you will have a good post quality and get merits.
10863  Alternate cryptocurrencies / Altcoin Discussion / Re: There will be many tokens that go to zero. on: February 14, 2019, 07:21:05 PM
There will be? Most of them are already 95% down at least lol

After 2017 when ico crazy was over, those tokens proved themselves to be bubbles
10864  Alternate cryptocurrencies / Altcoin Discussion / Re: KYC for $25 worth of XLM? on: February 14, 2019, 05:35:25 PM
This is old news. Personally I didn't do it yet. Maybe I will do someday. I tried to do it a few days ago and the link I received just expired...

The risk is that they use your documents in bad activities, or sell them or whatever. But I don't think they will do something like this.
10865  Other / Beginners & Help / Re: Is block-chain 100% secure on: February 14, 2019, 05:29:50 PM
Well, it might be a very little chance. But, this "almost" is a problem. Block-chains are getting bigger and after years this "almost impossible" might be "almost probable"

Am I wrong in this assumption?

Thanks for the link.

It's impossible in practical terms. There are billions/trillions of possibilities and a chance of collision is very small.

Take a look at this graphic where you will understand how big are the possibilities

10866  Bitcoin / Development & Technical Discussion / Re: Need An advice to learn Blockchain. on: February 14, 2019, 03:00:50 PM
I recommend "Mastering Bitcoin" from Andreas M. Antonopoulos
I second this. "Mastering bitcoin" is a good place to start. Not too easy, not overly complicated, just the right information to get you started with bitcoin tech.

And this one is equally good:

"Bitcoin and Cryptocurrency Technologies"

http://bitcoinbook.cs.princeton.edu/ or http://assets.press.princeton.edu/chapters/s10908.pdf

I agree. Mastering bitcoin is a classic already, and probably the best book for newbies out here. Even more advanced users can benefit from it.

I read it and it changed my mind about cryptocurrencies
10867  Economy / Exchanges / Re: Your thoughts about KYC on: February 14, 2019, 10:11:25 AM
Will you send your docs in KYC case?
Do you think that it really helps to find illegal activities?

When dealing with Fiat/BTC I always do kyc, if it's a trusted exchange with high volume and the exchange is respected in the community. There is no other option.

If I am doing only Fiat/crypto I never do any kyc, as it is usually not required. There are many good exchanges such as binance that doesn't require kyc.
10868  Economy / Exchanges / Re: Coinbase EU customers can now withdraw to their PayPal accounts on: February 14, 2019, 09:21:22 AM

In theory, that's true. In practice, we pay the same price no matter what. I'm stuck paying $10 because other people are using credit cards, Paypal, etc. and the seller is charging me for it.

In this way, it's completely rational for everyone to keep using PayPal. Unless sellers offer us lower prices for using cheaper payment methods, we have no incentive to change anything.

That's the point. Everyone pays PayPal's fees. Merchants are not making a discount for PayPal's users.

That service is not common where I live, but I already noticed that people in other countries use it a lot.
10869  Economy / Speculation / Re: How many Bitcoin do you think Wall St will own on: February 14, 2019, 01:40:45 AM
They will earn much less than they will negotiate.

They will probably Fractional reserve banking with bitcoin
10870  Other / Beginners & Help / Re: How to Wisely use Credit Cards to Buy Bitcoin on: February 13, 2019, 05:16:50 PM
Just Go to coinmama or cex.io and create an account. You can use your credit card on those exchange


Buy only what you can afford to lose. There is no other "wise" suggestion people can tell you
10871  Other / Beginners & Help / Re: WARNING! Don't even think about crypto investments until you read this! on: February 13, 2019, 03:14:28 PM
I'm glad that at least you are trying to educate people from your misadventures but frankly, for every person that had lost money in crypto there are dozens more who made enough money that their entire lives changed.

Be careful, this is a misleading belief.

I agree that many people really have their life's changed by cryptocurrencies boom, but this a small  part of the users and investors. Most of them sold at 100 or at 1000, or 2000, etc.. many of them lost their keys, etc.

Cryptocurrency is a complicated market and very unpredictable. And thousands maybe even millions lost their savings as well. Bitcoin is almost 80% down since ath.
10872  Other / Beginners & Help / Re: How to Earn Cryptocurrencies free on: February 13, 2019, 09:17:55 AM
It's incredible how people are interested in earning cryptocurrencies for free here. Of course it can be done, but it's a lot of time consuming and depends a lot on your efforts and time available.

When I learned about cryptocurrencies I never thought about earning them for free. My first idea was to buy them

I would not recommend for any newbie to do Airdrops , as they are Very much time consuming and the reward is so small, like faucets.

Advertising (with a website like you said) and bounty are better options
10873  Other / Beginners & Help / Re: Meet Than and Then on: February 12, 2019, 04:28:04 PM
There is also one more : them.

When you are referring to third person plural.

So you have 3: than then and them. Wink
10874  Economy / Exchanges / Re: Coinbase EU customers can now withdraw to their PayPal accounts on: February 11, 2019, 11:35:20 PM
Paypal is still useful for buyers, I use it regularly, I don't care the fees since I don't pay them

Of course you do pay for them. The customer always pays all fees and all taxes that go through the commercial chain.

If you pay 10, and the seller only receives 8, you paid 2 in fees. If there were no fees, you would pay only 8. The seller is not absorbing fees, he never do that, he always pass it to the buyer (whoever he is).

If you decide to resell it , you will sell for more than 10, not more than 8.
10875  Other / Beginners & Help / Re: How much does an Airdrop cost? on: February 11, 2019, 07:07:31 PM
-snip-

Those were rare findings among a giant sea of trash Airdrops, which pays for less than 5 cents.

General rule: Airdrops are worthless. Sometimes they may become valuable, but just a few of them.
10876  Economy / Exchanges / Re: Coinbase EU customers can now withdraw to their PayPal accounts on: February 11, 2019, 12:51:25 PM
I don't get how PayPal still exists. Well certainly it's good for making transactions that banks says you can't do (like bitcoin), but it is a very expensive service.

If PayPal accepts bitcoin, it may be PayPal's doom. However, it may also be the only way it could survive in the next years (if bitcoin become largely adopted)
10877  Bitcoin / Bitcoin Discussion / Re: How many BTC Satoshi Nakamoto own? on: February 11, 2019, 11:12:50 AM
I doubt he Will ever use those coins. He probably already destroyed those private keys and they are now lost.

He probably has a personal stash of his own, that he mined without any correlation to his "Satoshi" identity
10878  Other / Beginners & Help / Re: Stop Running For Getting Merits !!! on: February 11, 2019, 11:08:35 AM
As I already said over and over again, the easiest way to get merit is to read more than you write.

That seems to be hard for most people here, as they want to make lots of posts to get paid...
10879  Alternate cryptocurrencies / Altcoin Discussion / Re: Can an Escrow be a guarantee? on: February 11, 2019, 07:21:22 AM
The escrow is a good indicator about the bounty payment. Not about the ico itself.

He ico may be a total scam, and they still pay you with their fake money in the bounty
10880  Alternate cryptocurrencies / Altcoin Discussion / Re: How To Tell If An ICO Is Legitimate Or Not on: February 11, 2019, 07:19:46 AM
You may decide to wait until price stabilize, and even then it may be a scam.

Look at bitconnect for example z it was a tp30 coin and then it collapsed, because it was a scam


You should look for fundamentals, not the price, to look for a good ico.
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