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1101  Other / Beginners & Help / Merit Source Question on: October 28, 2020, 10:27:09 PM
Hi Guys,
I know some people will be like why did he ask this question when he's just a Junior member but I'm just a curious guy who like to learn more and love to know things which seems strange to him.

I was going through the Meta section of the forum and I saw this post '2020 Merit Source Application' by TheBeardedBaby but seems not to understand it and I will be happy if the experience users of this forum could explain.

Who are merit source?
What does it take to be merit source?

Thanks.
1102  Bitcoin / Bitcoin Discussion / Re: Regulation possible? Regulation Inevitable? on: October 26, 2020, 09:57:28 PM
Centralization is inevitable if Bitcoin will be mainstream and what cause this is the scam activities done through ICOs then that make SEC implemented KYC/AML but Bitcoin can not be regulated by any government bodies. However, the IMF and others can only regulate some companies that are licensed by SEC or others centralized government agency.
1103  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best Altcoin to Invest on: October 26, 2020, 08:39:24 PM
Hey,

I am thinking of switching from BTC trading to Alt trading. Consider me as a beginner.

If anyone can help me in these things:

1. Best exchange to join
2. Best altcoin to invest in

Thank you!
Most popular exchange is Binance. But, personally i also like OKEx. Personally i like to invest in BNB at this time.
Coinbase, Kraken, and Bittrex are great exchanges. Don't focus on Binance coin because there are many other Altcoins that have good potential, such as Ethereum and Polkadot coin.
Ethereum and Polkadot is a good coins. However, Kraken, Coinbase etc have been in existence before Binance but Binance was now used by most cryptocurrency traders cause it has the long/short features form of trading and it also has the whale's accumulation features.
1104  Alternate cryptocurrencies / Altcoin Discussion / Re: Another major DeFi attack on: October 26, 2020, 04:55:08 PM
First it was Yam Defi token and now it Harvest finance. This is awake up call for all Defi project investors to always the danger in a Defi project before invest in it because a project which it Dev was an anonymous individuals and also have an admin key that could empty the project protocol contract is definitely a failed project from the beginning.
1105  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coin do you trust, BNB or ETH? on: October 25, 2020, 09:04:59 PM
The two altcoins have good potentials and concepts that will make them the best altcoin in the future so no cryptocurrency will go wrong by investing in the two coins now or in the future but it is better to accumulate it now and keep for some years for better profit.
1106  Bitcoin / Bitcoin Discussion / Re: Will bitcoin co-exist with the current financial system on: October 25, 2020, 07:39:40 PM
Bitcoin is coexisting with modern finance and is likely to be the mainstream in the future. Looking at the value of Bitcoin and the liquidity of Bitcoin globally, we will see that it is no longer an internet phenomenon, but a fact, the future of money.
PayPal accepting cryptocurrency and the private/public companies accumulating Bitcoin as their reserve is good news but it the institutions and the centralized world that eo-exist with Bitcoin, because they were convinced by it through it price during the total lockdown and don't, want to miss Bitcoin benefit in the future.
1107  Economy / Scam Accusations / Re: [WARNING] sportsbet.io are illegally allowing players from France on: October 25, 2020, 06:23:47 PM
I don't understand the purpose of the OP message since the site terms and conditions are stated clearly which is meant for all their users must read and follow in other to prevent loss of funds. So, I don't see that as a fault from their ending.
1108  Economy / Services / Re: [Open][Escrowed] Name the upcoming de-stablecoin & Get rewarded upto $100 in BTC on: October 24, 2020, 10:54:24 PM
Acme
Fore
Most
Stat
Conc
Mode
Tási
Held
DBITS - Decentralized Bitcoin Stablecoin
SHS - Safe Haven Stablecoin
FDBS - Fair Decentralized Bitcoin Stablecoin
FBTCS - Fair Bitcoin Stablecoin
BITCSC - Bitcoin Cord Stablecoin
BLSC - Bitcoin Legacy Stablecoin
1109  Alternate cryptocurrencies / Altcoin Discussion / Re: The new drama has started in Altcoin on: October 24, 2020, 09:49:14 PM
those are common thing, normally happened in crypto market.but nowadays it seems too much as you said.whales are responsible behind this thing & normal traders have nothing to do with this matter. If you are a short trader, you might be make loss cause indicators & strategies aren't going to work properly during this situation.possibly long trade  can reduce loss.and If you are a holder, then nothing is worry about
It not good to believe every trend the market shows was played by the whales when the arbitrage traders were to be blame sometime and I think they are also behind this current market trend either after the Paypal statement.
1110  Economy / Exchanges / Re: [Survey]Do we need to provide KYC documents in any cryptocurrency exchanges? on: October 24, 2020, 09:35:46 PM
Currently, most of the exchanges (CEX) are KYC required. As we all know, most of the crypto currencies (especially bitcoin) are decentralized and anonymous.
Every CEX exchange are expected to implement KYC/AML but Bitcoin is only decentralized and not anonymous cause it was pseudonymous.

Why should those exchanges collect our personal information?
That's because they operate under the rules and regulations giving to them by SEC or their license provider.

Do you think KYC is necessary?
If you want to make use of CEX exchange site? Yes, KYC is necessary.
1111  Alternate cryptocurrencies / Altcoin Discussion / Re: DeFi & NFT tokens project on: October 23, 2020, 08:49:56 PM
I will add 1 more project to the collection

https://docs.dego.finance/

This project is powered by Binance Smart Chain.

https://opensea.io/assets/gego-dego

However, in DEGO, things would be different.
"DEGO adopts a modular design. Modularity refers to the combination of various elements of the product to form a subsystem with specific functions. We combine these subsystem as a universal module with other modules to create a new system with multiple functions and performance.
In short, each product can be regarded as a module. After a combination of different modules, a new product comes out, thereby achieving the effect of 1+1>2. LEGO bricks are the best example and inspiration for those modules. Every brick is plain and ordinary, but it generates endless possibilities when put together.
DEGO equals to LEGO in the DeFi world. With each DeFi protocol as a brick, like Stable Coin (DAI), Lending (Aave, Compound), DEX (Uniswap and Balancer), Derivatives (Synthetix), Insurance (Nexus Mutual), we will build a new dApp to enhance the value of DeFi, creating diversified investment portfolios and generating substantial financial returns for users. DEGO will become the entrance to the future of financial services."
According to the OP, you warn us about some Defi project but I dont understand why a Defi project that is powered by Binance smart chain was among your list because was among the respected crypto exchange site and the Defi project itself seems good.
1112  Bitcoin / Bitcoin Discussion / Re: Google news is spreading FUD on: October 22, 2020, 11:30:28 PM
I noticed google news is saying some older BTC addresses are liquidating, and we should be afraid of BTC stability and viability..

Me thinks this is FUD being spread by the bankster crooks.
It good you noticed that but you also spreading FUD yourself by not providing adequate information so we can be sure if what you're saying is truth or a news with a cook up story.
1113  Bitcoin / Bitcoin Discussion / Re: Momentum Builds for Bitcoin on: October 22, 2020, 10:12:06 PM
This year has been great for bitcoin
This year was great for Bitcoin but i think it all hapen because the powerful price Bitcoin was maybe to hold during the total lockdown and Kiyosaki believe in Bitcoin.
1114  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] JACS.tech | Changing The Way Data Networks Work | 4-weeks ~ $700,000! on: October 21, 2020, 12:24:22 AM
#Proof of Authentication

Forum username : Myleschetty
Forum Link : https://bitcointalk.org/index.php?action=profile;u=2368176
Participated Campaigns : Signature

ERC20 Address :  0x136A9226EFe72F1d44Da62A9D7E024917E743951
1115  Bitcoin / Bitcoin Discussion / Re: People Say btc is Not ponzi but its look like ponzi on: October 10, 2020, 11:09:27 PM
How anyone who Say Can proof Bitcoin is not ponzi?

People said bitcoin is not ponzi because it not ponzi and proof that bitcoin is not ponzi are the testimony of people that are already benefited through bitcoin. However, Kiyosaki statement about bitcoin to be safe haven in this time of economic break down is another proof.
1116  Alternate cryptocurrencies / Altcoin Discussion / Re: I cannot receive 400 UNI on: September 17, 2020, 09:10:04 PM
...However, UNISWAP itself didn't listed their own token. Shame on them. I'll wait til they list it on thier own pool.

What are you talking about?

I already have sold my UNI on Uniswap exactly, using UNI/ETH pair.

https://etherscan.io/tx/0xd0b2aa09c738542b7b1a967f2ae45055afe0dd9646472eba0f8f55b1659119c7
I'm just aware of the UNI airdrop hold by Uniswap ans I have read the information you provided above but what I dont understand is that is the airdrop only available to Uniswap user?
1117  Bitcoin / Legal / Re: SEC Charges Film Producer, Rapper, and Others for Participation in 2 Fraudulent on: September 15, 2020, 12:10:35 AM
It is good that there is an organization like the SEC which work on the scam and fraudulent ICO/IEO even they sometimes did something that affected crypto user. I have a question cause the investors of the ICO have lost their money and I want to know if the SEC will return the invested funds back to the investors? If yes, how?
1118  Alternate cryptocurrencies / Altcoin Discussion / Re: CipherTrace claims to be able to trace Monero Transactions on: September 12, 2020, 09:32:01 PM
We will have to see if this tool is going to lead to some "big" court cases and then this evidence will have to be used in court to prosecute people who used Monero for illegal purposes.  Wink

Very well pointed out.
Each of the 2 parts' declarations are clearly biased, but if something like ^^ that will happen then yes, the tool is good.
However, I also have my doubts, I think that they use Monero name only as advertising / to increase the awareness about their tool.
They only used Monero to advertise themselve and if the tools they asserted can trace Monero transactions. Why would the United States Internal Revenue Service (IRS) offer $625,000 bounty to anyone or groups that can develop another tool that can track illegal cryptocurrency transactions and people avoiding tax through Monero?
1119  Alternate cryptocurrencies / Speculation (Altcoins) / Re: MASS is profitable and Cheap to mine ... Here is why? on: September 11, 2020, 11:38:22 AM
But why did Mass prices go down so fast? after only 4 months and looking back now its price is only 0.13 $? Although listing on MXC is good it still can't keep the price, what is the reason for this?
anyway, i still want to experience this new algorithm.So can u share how I can join? I have never tried PoC implementation and have no experience.
The coin price dumped because the profitable of crypto currency in the market it sometime not about concept but investors having confidence in the project and the level of support the coin gain from the community. Defi and top coins on CMC are currently the coins investors have confidence in.
1120  Economy / Trading Discussion / Re: What's your trading strategy? on: September 11, 2020, 11:05:43 AM
I would say more than 90 percent, almost 95% of day traders go in loss , if they can close their day orders, the biggest profit goes to early investors, the seed investors, and private investors, I remember when the seed investor of $plt , who bought it on 0.01$ dumped it on pleb and gave it a 50% loss from 25c to 13c , and seed investors were still in profit  Angry
You are corrclect about the early investors and private investors to be the biggest profit earner but if the profit is not successful they are also the one that bear the lost and what determine day traders level of profit is the market trend and the current market is good for patience day traders to make profit.
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