Oh wow, this seems interesting. I never expected an IRL marble race, I actually thought it was akin to something like Twitch's Marble race thingy (dunno what it's called, just had the fortune to see it a few times). It looks nice, and the addition of the obstacles being connected as well as the bits of the hash being connected is a nice surprise. Never really thought of it that way, though if there was a way to increase the number of obstacles that'd be nice. A nice basis would be that marble race thingy on youtube. Here's a sample https://www.youtube.com/watch?v=ssIYDJRGDeUOfc, adding this and accommodate it with provably fair elements may be difficult but Idrk. If it were to develop to something like this, then a marble league lead by that lil hamster could well be on its way. I've never see anything like that. The track is made of... lego bricks. That's interesting  Who would have thought that people will be watching balss rolling by themselves on a track and betting money on it. One of the strangest ways to gamble that I've seen, apart from maybe bug fights. |
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Let's say I live in OP's country use Bitcoin to trade online on an exchange not located in my country, using a different fiat currency or a stablecoin? How is the government going to know about it? I guess they won't.
So if I had a restriction like that I would not care. There are so many laws that people break every day like jaywalking or not stopping at a stop sign. Rules are meant to be broken especially if they're making your life harder.
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Although USDT got into some shit from the past, controversies after controversies I still use it for stabilizing my balances to avoid market fluctuation, one thing you should do is not to let your funds sleep in any currency but only with decentralized currency so you can sleep peacefully. There are bunch of stable coins in the market but it isn't paired with every coins, unlike USDT, so most probably people will just use USDT. If you're a trader like me, you won't have any problem using USDT  So in other words you don't care if someone is lying, you still trust them. It doesn't matter that USDT was supposed to be backed 1:1 with dollars, then they claimed they're backed by dollars and other assets, then that they aren't backed 1:1 and the more time goes by the more lies pile up. An decent man caught lying just gives up and says, ok, I lied, sorry, the truth is this. A fraudster will cover up with another lie and another. |
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One of the smart ways of doing this is listing participants by their nickname or bitcointalk ID, or at least cutting the domain part of the email to make it much harder for a possible spammer to target them.
I always use different email addresses on sites that I don't trust and if you're worried you could be targeted by spam just do the same. It's more work for you but security comes at a price.
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Regulation is inevitable, the more big companies join crypto the more they find a way to introduce some level of regulation and control, even though btc is decentralise but the organisations and companies adopting btc will not want it so, they will find a way to have control which we can already experience through kyc process.
It is but you cannot regulate something that does not depend on you. Like, you can regulate companies because they have to register with the government so if they don't agree to be regulated you will not allow them to register and function. Bitcoin doesn't need your approval to function which is why you cannot regulate it. You can only regulate exchanges. |
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Makes me wonder why are you waiting for a pump or dump OP? Why can't it slowly continue its way up? Why does it have to be a volatile move?
What you're seeing is normal. The price went to 18500 - Nov 18 and faced a resistance, then 18900, again went down as traders took profit, 19400, again the same thing, 19800, again...
You can see 3 things in this behavior.
1. Price reaches new highs after each correction
2. Price corrects every time it reaches new high
3. We are still below 20 thousand. I wouldn't expect great volatility until we pass this level.
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$25-30K to end the year? 30k seems like most realistic goal to me till year end. People with weak hands are definitely going to sell at 20k. 20k is also a huge mental barrier to break imo.
They already have sold at 20 thousand. It is a strong resistance but the bullish trend is stronger because every sold coin is quickly bought and followed by another higher high. Whoever wanted to sell at 20 sold when we reached 19500 and dumped. The rest, like me, knows we're not going to stop at 21 or 22 thousand this time. The next resistance is going to be at 25 because this was the number many people quoted as important and within reach next year. It's important to remember that there will be no strong bearish reversal without us overshooting. If we expect 25 and reach 25 the correction from there will be very small. We'd need to go to at least 30 fast and crash from there to start a bear market. |
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Not necessarily from whales. It's probably from traders.
Usually the majority of volume on exchanges is made by traders who exchange between each other. Bull buy, bears sell, but they don't exit after selling or buying. They stay on the exchange waiting for their prediction to come true.
Those who became bearish at 19500 and sold 5-6 days ago instead of selling to bullish traders sold into the hands of investment funds and those coins went out of the exchanges.
People were writing about this trend of decreasing supply on exchanges more than a month ago.
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I had some and followed the rule to sell them whenever I can, once the trading is open.
I got rid of everything just like I did with my BCH and turned it all into BTC. I could have waited for the best price but it wasn't worth my time because even 2x or 3x pumps weren't making me a lot of money. It was like waiting and hoping to get another $10 next month.
This is what I recommend to altcoin bagholders who still have shitcoins that lost more than 80% of their ATH value. Get rid of them and buy bitcoin.
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I don't think that many people still believe in data security anywhere in the Internet. If they do they're young or childish.
Even banks and other big and regulated companies had leaks. Facebook comes to mind as one of them.
Centralized exchanges can not only leak data but also have it stolen by its employees or even sell it. There were exchanges that went bankrupt and then sold user data to make some money.
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I mean imagine, you've Bitcoins but there isn't much cash available in the market to buy your BTC, or simply put people can't afford it? Will bitcoin be of any value then?
The rule of supply and demand will make sure there's always enough fiat money to buy your bitcoins and if there's not somebody will make more to satisfy the demand  Fiat money can be printed, bitcoin's not. Fiat money have unlimited supply. Even with 1 bitcoin being worth 5 millions of dollars there's still going to be more than enough fiat to buy everything out. |
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The simplest answer is: because you can do it better.
If you think there's not enough quality services around you and especially if there's not enough or no good exchanges that use your local currency making a new one is a great idea.
If I had the money and a few trusted partners, I'd think about launching one myself.
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I agree that most people especially those in poor countries value their phones over computers.
When they have to buy an electronic device it's always going to be a phone first and they rather spend more money to buy a decent phone than put the same money into a cheap computer so using a mobile wallet allows the coin to reach bigger audience.
On the other hand mobile wallets can have more issues and be less stable than desktops and devs usually start tests with a desktop wallet so they have those anyway without having to develop additional mobile software.
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I'm not anti-vaccine but I would be afraid to be a guinea pig for a big company.
The covid vaccine wasn't tested enough and we all know it's being rushed so I'd not take it if I were asked to do it.
I'm expecting some restrictions. They'll probably tell you that you can't send your children if you don't vaccinate them or you won't get normal medical care if you're not vaccinated.
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Dude wants to filter the legal and illegal tx What about not supporting govt for being illegal and other things? IF HE WOULD FOLLOW SUCH STRATEGY IN REAL LIFE, HE WOULD CERTAINLY NOT EXIST Yes, this is good. How am I as a user know which transaction is legal and which is illegal? Even if we were able to decide and filter the transactions who would we do it? Talk about some completely normal things like weed. Someone buys weed in the US and I'm in a country where weed is legal. How should I know if I should or should not process it? Maybe he has a license to buy medical weed or maybe he does not. Maybe he's in a state where it's legal, maybe he's not. You'd have to be insane to try to find a node operator or a miner located somewhere in another part of the world because his automated software processed a transaction. |
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I have a simple understanding of the difference between gambling and investing and it has always worked for me.
When you gamble you're risking a total loss of your stake. You put 100 dollars on the table, if you lose you lose 100.
It's based on luck and skill.
When you invest it's never black or white. You can lose 1%, you can lose 10%, but along the way there's always time to exit.
Investing is based on skill but also on the performance of the asset, economy, politics and many other factors.
Investing in bitcoin cannot be called gambling. It doesn't check any boxes.
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Accepted, legalized, approved, not banned... There are many different approaches.
I don't think that all countries will accept bitcoin meaning legalize it and approve trading. The simple statistic says that things rarely get 100% approval rate.
The good news is the acceptance is growing and it looks like most countries will sooner or later make it legal and those that ban it will be in minority. Even if it's banned in your country, it will be legal in a neighboring country.
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So we know that we had massive printing all around the world to save the economy after covid lockdowns. This will eventually hit us back especially that there was a lot building being done and we are in a housing bubble that people won't have the money to sustain. How are they going to pay your mortgage if you lost the job during the pandemic? Will people think of buying houses when their jobs aren't secure anymore?
I don't think that we'll see the breakdown in 2021. It's too early. The full force of it will probably come in 2 or 3 years.
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Good for them. Their local currency is so inflated that it's just not worth holding onto, all they can do is pay their bills and buy groceries today because tomorrow it can be worth 1% less On the other hand bitcoin fees are a little too high to buy pizza unless you're throwing a party. I hope to see their sales reports for the next 3 months. |
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at first when i heard the news about bitcoin and paypal, i got really excited, i was thinking about how things can be easily done, like buying things through paypal with bitcoin, but it turned out to be just a picture, just some words with all the limitations, paypal did things wrong, i wasn't expecting that from such a big company.
They don't want to undermine their position as a regulated money transmitter with this bitcoin test because they can always drop bitcoin support and this will not mean the end of the company but if they got targeted by government agencies for laundering or something it would be the end. They have too much to risk here so don't expect much from them when it comes to decentralization and freedom. |
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