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1241  Other / Beginners & Help / Re: Transparency of USDT on: May 10, 2020, 02:05:20 PM
Tether is fully transparent.

Erm, the bit people are most concerned about is the real dollars pouring in and out which are 100% non transparent. I am no way reassured by watching a bunch of fun tokens bouncing around whipped up by one guy on his laptop.

I'm not a believer in the 'Tether scam' but I am amazed at the willingness people have to trust it. Tether's master move was to offload the risk onto exchanges. Exchanges now can't afford to let it fail. A few publicly declared they'd back it when it was wobbling.

The most clear sign that it is what it claims to be is the consistency of the dollar peg. Most pegs fail eventually. Tether's hasn't. All the same no one should trust it any further than they can defecate it.
1242  Economy / Web Wallets / Re: Is freewallet a good? on: May 10, 2020, 01:49:24 PM
No. Absolutely not.

Freewallet is custodial which means you will be handing total control of your coins to them. Once you've sent them to the 'wallet' you're completely dependent on them to send them back to you.  They can disappear with your coins at any time. You need their permission to get your own coins back.

They can also spring KYC checks on people at any time as they're basically an exchange too. Hiding behind KYC is an excellent way to steal your money.

Anything will be better than there. You won't have any of the above problems with any of the numerous real wallets available.

What coins do you want to store? If you tell us that we can make recommendations.
1243  Economy / Collectibles / Re: New Auction: Bitcoin Casascius Coin (mint) RARE 5 BTC - 2013 - w original email on: May 10, 2020, 12:45:32 PM
It would be nice to see a new video showing the most up to date ways to peel/programs to use.

If his heart is truly set on Youtube fame OP can use the extra money he makes selling the 5 BTC coin to buy a 0.5 BTC coin and peel it on camera. He'll still get his vid plus an extra amount of BTC from selling the original.
1244  Economy / Scam Accusations / Re: SCAM: Bitcoin SV (BSV) - fake team member and plagiarized white paper on: May 10, 2020, 12:42:45 PM
yeah we need may need to send someone to help the other side or this will get very boring fast.

arguing with half wits takes work when all their (mostly defective) ammo is gone and we still wanna play.

Whomever volunteers will need to go deep undercover for quite some time. We'll also need to crowd fund medication, hypnosis, CBT, NLP and more otherwise their pro BSV persona will never leave the runway.

Even then a whole-mind oil change isn't going to change the facts, or total absence of them.
1245  Bitcoin / Bitcoin Discussion / Re: Coinbase down again during crash, is the exchange doing this on purpose? on: May 10, 2020, 12:38:27 PM
Well, they might be losing money in fees but if they are involved in some sort of scheme to buy/sell before anyone else, I'm sure they would make a lot more money. If it's not on purpose, then it's a shit exchange that hasn't  been able to solve this issue in 3+ years.

That is conceivable. I'd be dead surprised if Bitmex and Bitfinex weren't doing something like that. Coinbase though has some prestigious investors and if that were ever proven that wouldn't do their rep much good just as they're trying to position themselves as a legitimate player in finance.

There was the Coinbase BCH launch to draw on which was an absolute shitshow. Luckily Coinbase conducted an 'internal investigation' and surprisingly found that that no wrongs had occurred.

I've no idea of the strains heavy movement makes on exchanges but it's not an easy thing to deal with. Kraken failed and froze constantly for years until they completely rebuilt their back end if I remember rightly.
1246  Bitcoin / Bitcoin Discussion / Re: Coinbase down again during crash, is the exchange doing this on purpose? on: May 10, 2020, 12:21:59 PM
Coinbase Pro has gradually grown to lead the price action at times. That's going to put a strain on any company's operations. Bitfinex has been the leader in the past and they had the same crapping out in intense moments too.

An exchange going down at peak moments loses them plenty of money in fees. I can't see them doing it on purpose and there have been more lucrative and pivotal times to do it on purpose if that was some sort of policy.

1247  Other / Meta / Re: About the donation to bitcointalk on: May 10, 2020, 12:13:41 PM
People usually make money from investments, not from currencies.
1BTC = 1BTC applies here.

If seen from a currency point of view, why would you care about the dollar value of BTC ?

Do you care how much your 1 USD is worth in CNY ? Currently 1 USD = 7.07 CNY. Wouldn't matter if it was 5 or 9 CNY.
Same applies to Bitcoin. It is intended as a currency. So the Donator and VIP's paid 10 / 50 BTC, regardless of the (USD/EUR/CNY/...) exchange rate.

That is genuinely the daffiest thing I have read all week, maybe the entire year.

I must set up a renewed Alpaca sock company and charge 60 BTC for a pair. When someone claims they find the price a little too high I will berate them with that reasoning and they will hand it over with an apology for not thinking like a true Bitcoiner.

I might forgive them and permit them to buy another pair for 70 BTC as a lack-of-faith tax.

The only thing I'd be worried about is finding somewhere that'll accept 2 BTC for a coffee.
1248  Economy / Scam Accusations / Re: SCAM: Bitcoin SV (BSV) - fake team member and plagiarized white paper on: May 10, 2020, 12:07:51 PM
From Andreas Antonopolous's chiming in - https://www.courtlistener.com/recap/gov.uscourts.flsd.521536/gov.uscourts.flsd.521536.500.5.pdf



Coins have been spent from 'Tulip Trust' addresses. That bonded courier sure is a slippery customer.

By this point I'd be delighted to see any evidence from a Craigy fan about any aspect of any claim he makes. There is none anywhere. Am genuinely starting to root for you guys. There's got to be something out there. Any crumb will do.
1249  Other / Beginners & Help / Re: Bitcoin price history and the expected events in the coming halving on: May 10, 2020, 11:21:35 AM
I am thinking of purchasing some bitcoins which platform I can use? I am in united kingdom. also is their a pro tradder whom I can follow and replicate my investment?

I would go with Kraken or Coinbase. Both are long established and have faster payments for GBP now. Coinbase Pro, Coinbase's exchange, has lower fees than Coinbase

There are a million people out there claiming to be pro traders. It's impossible to tell who's an idiot and who's any good, and even the best wind up failing at some point. Most people would be better off buying and holding. If you do decide you want to trade spend a lot of time researching first. Don't jump straight into it.
1250  Economy / Collectibles / Re: New Auction: Bitcoin Casascius Coin (mint) RARE 5 BTC - 2013 - w original email on: May 10, 2020, 10:22:34 AM
You won't get 10 BTC for it. You won't earn whatever premium you can get for it on here from Youtube earnings either.

It IS a rare coin. I haven't seen many for sale at all here. I'd auction it and you may be pleasantly surprised, if not having your original expectations met.

If this is your final BTC why throw away the prospect of one or two more vs making a vid? There are already videos of that nature. You're chucking away thousands of dollars.
1251  Economy / Economics / Re: Layoffs Start Turning From Temporary to Permanent Across America on: May 10, 2020, 10:10:37 AM
I believe that the US government is faced with a very large problem that will exceed the performance of the well-known Great Recession.

The UK is heading towards a similar outcome. We're going to have some of the highest death rates, the highest economic damage and be the least welcome in other countries.

This is the inevitable outcome of refusing to acknowledge the cat is out of the bag until it actually returns and sinks its fangs into your balls. By then it's far too late of course.

However we'll have to wait until it's cured or becomes a fact of life to know who had the best strategy. The places that went in early and went in hard might be looking like champs now but they might also have done nothing beyond offsetting the pain to a point further down the road.

Glad I ain't running any countries.
1252  Other / Beginners & Help / Re: EVOLUTION OF SIGNATURE AD CAMPAIGNS (BEGINNING DAYS TO THE PRESENT) on: May 10, 2020, 10:02:56 AM
I wonder if the forum was like Cryptotalk way back when you mentioned there were no post restrictions. Even with the current ones in place, we still see those posters aplenty.

There were plenty of campaigns that had no restrictions on where you posted. It was the abuse of that that caused all of them to gradually narrow down where you could post. There were also campaigns that had no limit on how many paid posts you had per week, or rather respectable ones that weren't Yoshit.

The campaigns we see today were largely shaped by the past behaviour of previous campaign participants, or the past bad behaviour to be more precise.
1253  Alternate cryptocurrencies / Altcoin Discussion / Re: so what to do with USDT ?! on: May 09, 2020, 10:11:32 PM
You dont need to sell the USDT just withdraw it into your bank account.

Point us towards a bank account that accepts USDT. Your answer at the bank is guaranteed to be 100% 'wut'?

It's a crypto specific obscurity and since you can't get Tether themselves to redeem your USDT for dollars, which I thought was kind of the original point, you'll have to find somewhere else that'll turn it into real dollars for you.
1254  Economy / Speculation / Re: Will Bitcoin exceed 20k this year like in 2017? on: May 09, 2020, 09:16:06 PM
I wouldn't have expected another all time high until far into next year and that was before the viral excitement. Now I really don't expect anything significant this year. The next few months are going to decide the trajectory of the global economy. It is of course bad now but it's effectively in suspended animation. If it wakes up with a cold then I won't feel super confident about the nearish future of BTC.
1255  Bitcoin / Bitcoin Discussion / Re: Is Blockchain a Good Career? on: May 09, 2020, 07:55:38 PM
So a database is a career now?

There are people who base entire careers on programming once piece of software from one company. You don't think something that may wind up being used by billions across the world in so far unimagined capacities has the teensiest bit of potential?

The hard bit will be identifying what survives and prospers. I wouldn't be best pleased spending thousands learning ETH shit when something better and simpler pops up out of nowhere.
1256  Bitcoin / Bitcoin Discussion / Re: The One Biggest Lesson Lesson you've learnt from Bitcoins Investment on: May 09, 2020, 06:23:15 PM
When it comes to buying or selling then if you do the exact opposite of what your emotions are telling you to do the chances are high that you'll do very well.

I can't manage it. Very few others can either.
1257  Other / Meta / Re: I want a way to demerit posts. on: May 09, 2020, 12:36:58 AM
I like the idea in principle but it would be horrifically abused by all the people nursing grudges out there.

The only viable solution is the existing one - if you're shit your merit score will never get above a shit one. Maybe there should be a flashing 'ha ha' next to merit scores that haven't budged since its inception.
1258  Other / Beginners & Help / Re: EVOLUTION OF SIGNATURE AD CAMPAIGNS (BEGINNING DAYS TO THE PRESENT) on: May 08, 2020, 10:24:32 PM
OP made a decent efforts to scrap all signature campaigns on the forum. I appreciated his time and efforts. If OP can move further and if he has time to do this in such dull time in the pandemic, would he mind including maximum of payments in BTC and in USDT over signature campaign history? I know this is a time-consuming work for OP.

Sheesh. I'd want a major payday to slog through that lot. That would take untold amounts of time.
1259  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2020, 10:05:14 PM
Scary times ahead.

Nah. The middle classes are crap and uptight. I should know as I used to be one.

We will move back into a world that we were built to understand. We will till the fields in the day time. In the evening the laird comes round and fucks your wife. And you if he's been drinking.
1260  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2020, 09:40:56 PM
I agree. BTC price is much higher now and supply much lower. We should be able to feel it almost instantly..  Cool

There's fuck tons of supply but if you want a lot of it in future you'll have to prise more of it out of people who already own it and don't have the same need to immediately sell.
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