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1241  Economy / Services / Re: [Crypto-Games.net] ★ Signature Campaign ★ Hero - Legendary[1 open spot] ★ on: April 15, 2020, 10:55:45 PM
Username: FontSeli
Current Post Count: 2585
Current Rank: Hero Member
Bitcoin Address: 3NiZHrey3MKGNGiaut6RY8qDk6BLPfo6ia
1242  Local / Русский (Russian) / Re: Биткойнталк умирает? on: April 15, 2020, 03:44:05 PM
у тебя обо мне сложились не верные представления. Я имел ввиду определение "незаконные валютные операции". Это скорее юридический термин.

Я задал Бальту конкретный вопрос на логику, именно на саму суть определений понятий "средство платежа" и так далее. Юридическая сторона у любого государства одна - платежным средством является только законная на территории данного государства валюта. Есть государства где таких валют несколько, но это лирика.

Ну а я воспринимаю (и многие экономисты и другие люди) средством платежа - общепризнанную единицу обмена. Каким вот было золото например до 19го века. Тогда можно было платить прусскими золотыми кронами во Франции, смотрели не на саму монету и какой портрет монарха на ней напечатан, а на свойства золота (на золотых монетах печатались чистота, вес и так далее). Тоесть, если что то стоило килограмм серебра, то ты мог расплатиться как сотней серебрянных рублей так и тысячей испанских серебрянных песо. Главное чтобы по весу подходило.

Поэтому очевидно что бакс в РФ, не с юридической а логической стороны это средство платежа.

Так раньше и без золота было. В большинстве стран можно было рассчитаться валютой любого другого государства если ты и твой контрагент пришли к согласию и все всех устраивает. Сейчас же почти в каждом государстве такие расчеты запрещены на законодательном уровне. Однако есть лазейки. Никто вам не мешает в том же договоре прописать что стоимость машины/дома/кота и т.д. составляет энную сумму в долларах или другой валюте, но оплата будет производиться в рублях по курсу центробанка/обменника на углу возле 39 дома на день оплаты.
1243  Alternate cryptocurrencies / Altcoin Discussion / Re: Is KYC bad for crypto? on: April 07, 2020, 09:02:08 AM
I see the only opportunity for myself in passing the KYC - this is the case when the exchange will be located in the country where you live. And this exchange operates completely within the framework based on the legislation of your country. This fact can give you a guarantee that you will have the opportunity to use judicial protection in case of anything. But it is worth remembering that in this case your state will be aware of your income on the exchange and you should not forget about paying taxes.

There are many countries that do not have cryptocurrency exchanges in their jurisdiction. Thus, it turns out that citizens of such countries will not be able to engage in trading. Therefore, the option you suggested is not suitable. The best option is to choose an exchange that you have a positive image of.

I just told everyone what my decision was. In my country, there are several exchanges operating within the framework of the legislation of my country, and the law provides for a bonus, individuals do not need to pay tax on profits received by withdrawing funds from these exchanges.

Everyone is free to decide where and how to pass the KYC and whether to pass it at all or trade only on exchanges where it is not required.

I have already written that there can be no single correct solution to this issue. But I am very happy that my country was among the first to legalize cryptocurrencies.
1244  Alternate cryptocurrencies / Altcoin Discussion / Re: Is KYC bad for crypto? on: April 06, 2020, 10:48:01 PM
In some cases regulations are necessary to put an end to fraud and corruption in the crypto/Blockchain industry. By requiring KYC compliance on centralized exchanges, the crypto world could become a better place. However, the mere fact that you'd need to provide some sort of ID verification would completely destroy the purpose of crypto. I've seen situations where centralized exchanges became hacked, putting customers' identities at risk. Last time I've heard, someone hacked Binance and threatened to expose customer's identities across the web.

This makes me to believe that KYC does more harm than good for crypto. Of course, regulation is necessary in order to legitimize the industry in its entirety. Institutional investors, conglomerates, and other entities will find crypto regulatory-compliant for their own needs. But knowing that KYC goes against crypto's principles, could make the entire industry similar to traditional banking.

What are your thoughts? Huh

Most exchanges are located in offshore and other areas that are not subject to the laws of developed countries. This means that they can set their own rules and they do not obey anyone, but they require to pass the KYC. What for? This means that they transfer the data to someone else or use it for their own purposes.
Bitcoin was created in order to give anonymity in making payments between people, the increasing use of KYC undermines this idea.

In addition, passing the KYC is also dangerous because your data will be linked to your wallets and you can be tracked. Therefore, if you have the opportunity, it is better not to pass the KYC.
1245  Alternate cryptocurrencies / Altcoin Discussion / Re: A Very Important Advice for Devs on: April 06, 2020, 07:04:00 PM
I've heard enough about exchanges and my ears are full, if you aren't a scammer or a pump and dump dev this is for you, I'm going to list some exchanges on here right now

~

If project developers do not have a queue of investors as soon as they announce the development of such a project, then this project does not represent anything interesting and promising, and it is better for such a project not to go out at all and not to conduct an IСO or IEO on any exchange. But if the developers know that their project is crap and they want to earn something, they will not listen to your advice. They will go to the exchange that agrees to accept their shitty project on IEO.
1246  Economy / Gambling discussion / Re: Gambling is like day trading ? on: April 06, 2020, 02:52:29 PM
if you gamble it will not be as easy as you imagine because when you lose your assets will disappear instantly and it will make poor instantly and cannot be equated with daily trading, whereas if daily trading when you are trapped then what changes is only the estimated value of your assets due to the influence of falling prices at the exchange place and can recover when prices rise, better and safer trading than gambling.

It all depends on how and what you trade. You can trade high-risk tokens that can bring more than 200% profit, but can also fall in price by the same amount.
You can also engage in margin trading with very high leverage, and there, too, you can lose all your money in a short period of time.
This is the 'mindgame' present to both gambling and trading. One could win in a single trade likewise a spin, perhaps, in a roulette to give an example. In both ways, there are chances of losing your money, and the same thing of earning money from doing so. The best thing is to know that profit is not assured to avoid drawbacks when it comes to one's mental condition because that would be worse than losing money.

I doubt that someone in an adequate state starts trading on the crypto market and thinks that they are not risking anything. However, I personally see trading as a way to make money. Because it is much easier to calculate everything and choose the least risky strategy.
I see gambling as a way to have a good time and spend money.
1247  Economy / Gambling discussion / Re: Gambling is like day trading ? on: April 06, 2020, 09:27:53 AM
if you gamble it will not be as easy as you imagine because when you lose your assets will disappear instantly and it will make poor instantly and cannot be equated with daily trading, whereas if daily trading when you are trapped then what changes is only the estimated value of your assets due to the influence of falling prices at the exchange place and can recover when prices rise, better and safer trading than gambling.

It all depends on how and what you trade. You can trade high-risk tokens that can bring more than 200% profit, but can also fall in price by the same amount.
You can also engage in margin trading with very high leverage, and there, too, you can lose all your money in a short period of time.
1248  Economy / Gambling discussion / Re: CORONAVIRUS IMPACT ON SPORTS GAMBLING on: April 05, 2020, 11:42:21 AM
Now that almost all sporting events all over the world are cancelled, those wanting bet of sports events are left with having to find alternatives. What are the majority doing?

Are some giving up and trying to become reformed gamblers?

Are some gambling on casinos instead?

What are alternatives most sports betting users are now switching to?



In my country, probably the only one in the world, the leaders did not stop the local football championship. All football fans can follow our championship and place bets on it. Of course, the quality of the game is far from the English Premier League, but here they play with full efficiency.
1249  Economy / Gambling discussion / Re: What are you doing now? on: April 05, 2020, 11:27:12 AM
I recently open an account in an online gambling sites because I'm too bored in my house. But it is not my first time to gamble because I have account in some dice games and some online betting gambling sites. My first impression to online casinos are good and it seems that I now spending more time of playing than my usually activities which is studying and playing some online games.

It is better not to get too involved in online casinos, because it is all very addictive and takes a lot of time and money.
And time is better spent on learning how to work on the Internet and earn money, because times are not the best, many people lose their jobs and remain without money.
1250  Economy / Games and rounds / Re: [DAILY FREE RAFFLE]UPDATE BCAUSE I AM STILL IN A GOOD MOOD FREE PHYSICAL ฿ITCOIN on: April 05, 2020, 11:16:33 AM
Hi all. The seller of these coins is having issues with delivery to most countries now due to the pandemic.
 I will place these daily raffles on hodl until such time it is feasable to roll again.  
  I might hold a free raffle once in awhile in the collectables.
  Until this pandemic is over...stay safe...keep up the faith and last but not least...take care.

I thank you, Krogoth, for your concern and for your excellent raffles. I am sure that at the end of April and the beginning of May everything will be in order and we will be able to participate in them again.
Take care of yourself friends. Watch less media and don't panic.
1251  Alternate cryptocurrencies / Altcoin Discussion / Re: Which altcoins will grow in price faster if the market recovers? on: April 05, 2020, 08:33:42 AM

As always, the top coins in the market are the coins that will likely to regain their price first, and will grow in price faster, Bitcoin should be on top of the list because we are in the halving year, Ethereum because of the POS implementation, all the new coins in the market will have to wait for the market to get better.

With Bitcoin and Ethereum, everything is clear. Bitcoin is the basis of the market and the most reliable investment among cryptocurrencies. Ethereum is the old king of altcoins and many old investors still have warm feelings for it. What about the new coins? Which ones will grow the fastest?

~
Altcoin BCH, BSV, BCD and BTG have good opportunities going forward and so on if you know.
~

When Craig Wright next appears in court, BCH and BSV will again move very strongly in price, but the direction of movement is unknown.
1252  Bitcoin / Bitcoin Discussion / Re: Is it possible in may that a block of BTC will be mined for longer than 10min? on: April 04, 2020, 11:48:40 AM

of course there are miners who will leave whenever price drops but i don't believe it is this drastic to cause any worries, specifically when we see hashrate goes back up without price going back up first.
i am not a fan of conspiracy theories but the reason for such hashrate drops during a price (specially when they don't make sense and then jump back up again) could be a big miner trying to manipulate things and force small miners to exit and push the difficulty down before they come back themselves and mine at a lower difficulty.

It depends on what is a radical change for you. There are owners of Bitcoin who make dozens of payments every day. In case of a significant increase in the mining time of a single block, commissions will also significantly increase, which will hit very hard those who make a lot of payments in Bitcoins every day. This is certainly not fatal, since it will be temporary, but people will either have to wait or incur additional costs.
1253  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins Need a Catalyst to push up prices on: April 03, 2020, 12:10:27 PM

I agree with you. Altcoins are not worth long-term investment because their prices can be inflated or collapsed at any time because of their low market capitalization. Also I haven't seen any potential altcoins and their ideas are only good on paper

There are altcoins that are controlled by large campaigns and that have a good price because of them. However, this price is illusory and it can be lowered at any time for various reasons. For example, the release of a new number of coins to the market (ripple), or the end of large profits from IEO on the exchange (BNB), and so on.
1254  Bitcoin / Bitcoin Discussion / Re: Is it possible in may that a block of BTC will be mined for longer than 10min? on: April 03, 2020, 11:33:50 AM
the thing about hashrate is that we really have no way of measuring it accurately. all the data and charts that you see on different websites is a big estimation with a lot of room for error. we have seen multiple times that they even report outright wrong values.
as an example over the past week we saw them report a big drop in hashrate while today they are reporting pretty much the same hashrate as before (~108 E) while price is still 40% lower than it was before!

I agree with you that sites display information about the hashrate of the network, as well as about the hashrate of each pool, not always correctly and accurately. Therefore, such small hashrate drawdowns can be attributed to monitoring errors. But in may, something more may happen and some miners will disable their equipment if mining is unprofitable. This is not fatal, the system will balance itself, but some time before recalculating the network complexity, block mining can take much longer than 10 minutes.
1255  Economy / Collectibles / Re: Collectibles Board QUARANTINE Free Raffle on: April 01, 2020, 05:14:27 PM
39 - FontSeli
1256  Bitcoin / Bitcoin Discussion / Re: Is it possible in may that a block of BTC will be mined for longer than 10min? on: March 31, 2020, 06:53:54 PM
So during the last difficulty period, the average hashrate was around 118 EH/s. Over the past few days, the hashrate has dropped down to somewhere in the region of 85 EH/s. Looking at the last 100 blocks, it took just under 19 hours to mine them, meaning an average of 11.4 minutes, or 11 minutes and 24 seconds, per block.

We are currently on block 622,203. The next difficulty adjustment is due at block 622,944, which is 741 blocks away. At an average of 10 minutes per block, that would take 5 days, 3 hours, 30 minutes to reach. With an average block time of 11.4 minutes, it will instead take 5 days, 20 hours, 47 minutes to reach.

So with the recent drop in hashrate, the next difficulty adjustment has been pushed around 17 hours further away. If the hashrate stabilizes around these levels, then we will likely see a drop in difficulty of around 20%.

Note that this is kind of circular logic - we have no way of calculating the hashrate, and simply infer its value from knowing the current difficulty and the current average block time.

You are right when you say that the speed of finding a block often exceeds the specified 10 minutes. But this excess is usually only 0-2 minutes (rarely a little more).
But my concern is that if the network hashrate drops by tens of percent, the block production time may double or even more.

The only thing that calms me is the thought that if mining is unprofitable, then whole farms will stop working, not parts of farms. Accordingly, the remaining mining farms will be able to perform calculations of the same level. But in this case, it may turn out that the same mining farm will add more than 6-8 blocks in a row.
1257  Alternate cryptocurrencies / Altcoin Discussion / Re: What to do when price is dump?? on: March 31, 2020, 05:12:09 PM
A good trader always sets a stop loss. And with a sharp drop in price, he already gets his hands on stablecoins or dollars. And then when the price falls even more experienced trader begins to buy the necessary coins in several batches. Sitting in stable coins you can save your capital, but you will not earn anything.
in this condition stable coin could give us profit if our local currency were down. i see usdt rate in some countries rise alot , and traders that buy it in previous crisis get profit alot. many currency rate in several countries drop sharply in this condition , and stable rate could gain more than 10%.

It is very good when you can buy stable coins for the currency of your country directly on the exchange. Because if you deposit the currency on the exchange every time, and then withdraw it, then the profit is eaten up by fees for transactions.

I found an exchange where I can trade my national currency against the dollar, and I can already make a profit from it.
1258  Economy / Services / Re: [OPEN] blender.io Signature Campaign | Sr./Hero&Legendary Members | on: March 31, 2020, 05:01:54 PM
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2221613
Current amount of posts (including this one): 2560
Amount of merit EARNED in the last 120 days: more tan 100
SegWit BTC Address for Payouts: 3NiZHrey3MKGNGiaut6RY8qDk6BLPfo6ia
1259  Alternate cryptocurrencies / Altcoin Discussion / Re: What will be the new method of "Initial offering" this year? on: March 30, 2020, 06:38:06 PM
A new system or method will emerge when there is a "problem" regarding the misuse of the existing system or method. For example, when investor confidence starts to decline when many fake dev teams use the guise of ICO to raise funds and then run off without a trace. That is why IEO appears, with the guarantee that investors immediately get the tokens or coins they invest in an exchange, IEO is increasingly popular when handled by popular exchanges such as Huobi, Binance, etc. Over time, investors will be more selective and adapt to the existing system. What new system will appear? I have not seen a serious problem about this, except for bad projects that do IEO on shitexchange and investors who don't care enough to be fooled.

IEO is also coming to an end. For a long time there is no such number of participants in investing as it was in the spring of last year. Then it was difficult to get into the number of investors on major exchanges. Now it is much easier to do this.
Everyone remembers about IEO only because they haven't come up with anything better yet. But I think that in may, immediately after the end of the epidemic of a new virus, a new way of investing will be offered.
1260  Alternate cryptocurrencies / Altcoin Discussion / Re: Ways to try yourself in trading and investing on the crypto. on: March 25, 2020, 11:34:30 PM
Now it is impossible for beginners to get capital from scratch and use it to learn how to trade and invest in the crypto market. They are forced to carry their money here and this scares many away from the crypto market.
Why not? there are still many ways to raise capital from bounty campaigns and other work for cryptos that can be tried. If you try your best, you will get a chance. Although it is not comparable to 2017 when there are many legit campaigns, it still works Smiley

Because beginners are usually accepted only in bounty campaigns where tokens of new projects are issued as a reward. Most of these campaigns are either scams, or they pay out their rewards for a very long time. And most importantly, even if a novice is transferred tokens, he will not be able to sell them because he will not have Ethereum to pay for gas.

Are there any ways for beginners to try their hand at trading and investing without investing their money in the crypto market?
Maybe it's some kind of demo accounts on exchanges or experienced programs.
Trying to trade without investing? hmmm .. that only comes to mind by taking a giveaway or airdrop program from an exchange with a cryptocurrency prize. I often follow airdrops from Upbit, quite legit. Some other potential exchanges also often hold airdrops, so just watch.
If we really want to try trading or investing in anything we need time, capital and energy preparation. Try your best and accept the worst risks, don't give up easily.

I'm not talking about airdrops where they give out free coins. I'm talking about exchanges where you can open a demo account and trade virtual coins. This is like sending Bitcoin in a testnet.
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