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1381  Economy / Trading Discussion / Re: What happened to Crypto Volatility..??? on: August 28, 2023, 11:48:24 AM
I was also present for that period, and Bitcoin has settled in a price between $3,000 to $6,000 for a long time, so why is it happening now naturally if you take into account that we were at 16,000 levels several months ago and before that we were at levels of 30,000 for a period, including 20 A thousand again. The price can still regain an upward wave if we continue to stay above $26,000, and thus the door is still open to reach $40,000 before the end of the year. Over time, the volatility will decrease and the price will be more stable due to the high liquidity.
1382  Bitcoin / Bitcoin Discussion / Re: When will the bitcoiners realize bitcoin is just fiat with enforced tax on: August 27, 2023, 03:29:30 PM
In many cases, network fees do not exceed 10% of the transaction value, and if you know more details about how Bitcoin works, you will always pay low fees on average. Taxes vary from one country to another, but in general, the tax is applied only to transactions in which profits were made, such as buying 1 Bitcoin at a price of $26,000 and selling it at a value of $26,000,000.
If you make a loss, you don't have to pay tax.


So, in all cases, given the historical data of Bitcoin, a loss is rarely achieved if Bitcoin is considered a long-term investment with a length of more than the average of 5 years.
1383  Bitcoin / Bitcoin Discussion / Re: "Not your keys, not your coins", What's the threshold before it fails? on: August 27, 2023, 03:04:59 PM
Bitcoin does not work on the principle of proof of stake[1], in which the owners of the currency decide to vote or decide whether it will succeed or fail. In proof of work, the currency will remain decentralized as long as the parties that decide to mine are decentralized or well distributed, so you have to focus on the full nodes and the miners more in Who owns these coins?

If we assume that Bitcoin is decentralized, then here is Satoshi's philosophy, meaning that if Satoshi wanted Bitcoin to be his peer-to-peer currency, then his vision or our vision in the forum has no meaning in a decentralized economy.

"Not your keys, not your coins" is a basis for protecting the investments of individuals and not for proving the centralization or decentralization of the network or its success against its failure.


[1] https://en.wikipedia.org/wiki/Proof_of_stake
1384  Economy / Service Discussion / Re: Tornado cash founders charged with money laundering/sanctions violations on: August 27, 2023, 03:00:16 PM
Did you read the link in the 1st post?
-Dave
I explored sources directly, which did not contain the reason for the accusation, but the above text is quoted from a different source, which is[1].

I do not think that the problem is running a mixing service or helping others hide their identity, but it is related to North Korea. It seems that the developer has a connection with an active group from North Korea that launders money for the government, so you find the charges include money laundering, and violating sanctions, which are OFAC sanctions.

It is also noted that there are accusations vs signatures that they wear that they are also a front for that North Korean group.

Generally, let's see how he will defend himself and whether these accusations are true, but it is better for privacy services developers to keep themselves anonymous.


Quote
“These included funds stolen through hacks by a group believed to be associated with North Korea. Tornado Cash started in 2019 and according to FACT it has since achieved a turnover of at least seven billion dollars,” the announcement notes.


[1] https://decrypt.co/153481/tornado-cash-money-laundering-charges-arrest-justice-department





Off-topic: I have always wondered why your name is written at the end of each reply. Was the account managed by more than one user? Or is there a story behind it?

-Dave
1385  Economy / Trading Discussion / Re: Platform to have multiple charts on the same screen on: August 27, 2023, 02:31:30 PM

What platforms do you use to have multiple charts on the same computer screen? so I don't have to visit each currency pair one by one.
Is there a free option?

Check ---> https://cryptowat.ch/


There are many different options where you can add currencies to the watch list, perform all technical analysis, and even create an account and link it to the trading platforms and trade in them all from the same account. you can add, modify and divide the screen as you like.
You can find a lot of results and guides if you search the internet.
1386  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Top 10 Crypto and It's Targets for Next Bull Run on: August 27, 2023, 02:07:42 PM
It would be ludicrous for coins like Dogecoin to reach this price in two years and the door might open for more to take risks by investing in altcoins.
Personally, I hope that most of them fail because they are duplicates and because they reduce the possibility of an increase in the price of Bitcoin, but most of altcoin are very volatile and are not subject to technical analysis due to the small capacity of the market and its dependence on some variables.

I may agree with Bitcoin, Ethereum, and TRX.
MATIC - $7 is a lot for cheap layer2 blockchain.

It is difficult to see others within close range of above mentioned.
1387  Bitcoin / Project Development / Re: Introducing SuperTrend AI: Your Ultimate Trading Companion on: August 27, 2023, 12:19:48 PM
$500 to use the product, only buyable through Telegram, likely fake reviews from some randomly generated Telegram user. Yeah, no offense but your product looks like a scam as of now. There are tons of AI-powered trading platform nowadays that offers a free trial, free package, cheaper premium package, and so on. Even if you don't scam them, you're certainly overpriced and not worth the money for most users.
The price that appears on the site is 29 dollars, if it was previously 500 dollars, then the price difference between them is very large, and I do not think that the user has a long-term marketing plan. These services need trust, and trust comes from providing free recommendations and doing some free offers before paying users. $29 is a reasonable price if the analyzes are good and cannot be found with a quick search on the Internet. It is better to have a daily or weekly subscription.

You will have to prove how good your Supertrend AI indicator is which is worth $499 the telegram user testimonials are not a good indication.

And It's better to replace the Youtube version with an English version to better understand by the majority how your indicator works unless you are offering this to your local.
I noticed that the Turkish language is present, and even there, 500 dollars is not a small amount. It seems that he was eager to make a quick profit.
1388  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto scam: A retired correction officer charged as defrauded $600,000 on: August 27, 2023, 12:10:54 PM
Anything that sounds too good to be true is probably not true. 20% "guaranteed" profit with zero risks was too good to be true. I keep wondering how people easily line up to donate their money to whoever is soliciting for them to do so as investment without verifying if the business or organization is legit and whether or not they have a business model that actually works and generate income where the supposed profits are to be gotten from.

If there's no business and nothing going on to generate revenue then its just a regular ponzi scheme since money don't grow from air. Sad thing is that if there's a new investment opportunity of this sort, people will still line up for it.
This scam has continued and continues for years in a way that makes me doubt that these investors get this money for free. Many people close their minds when they find that a friend, a YouTuber, or a famous personality has invested in a certain currency. They consider that others are smart and have researched and that their investment is successful, so they understand They tire them out but in fact it's all a Ponzi scheme.
You will succeed in identifying 90% of fraudulent projects if you stop for a quarter of an hour and search for the project without greed.
1389  Economy / Service Discussion / Re: Tornado cash founders charged with money laundering/sanctions violations on: August 26, 2023, 08:30:22 PM
Does anyone know the reason for the arrest? Because as far as I know, the operation of the mixer is not of interest, and money laundering is often linked to financial services that are provided without verifying identity, but in the case of the mixer, they do not deal in US dollars, so it is most likely that the reason is related to something else.

I'll read the details of what's going on but maybe this arrest explains why the recent bitcoin mixing service went missing scamming. Grin
1390  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto scam: A retired correction officer charged as defrauded $600,000 on: August 26, 2023, 08:18:10 PM
Aren't promises such as a return of more than 20% without any risks sufficient to sound the alarm, since the person or project that makes such promises to you is a scam? I do not know, but any return that seems too good to be true is scam, or any return higher than medium-risk investments in your country is considered good promises to be true, because the most honest of these projects will venture money into high-risk investments. If you win, they will give you the return, otherwise you will steal that money.

I hope this scammer gets caught and jailed for a long time.
1391  Alternate cryptocurrencies / Altcoin Discussion / Re: Is exchange based tokens worth for hold? on: August 26, 2023, 08:04:24 PM
Exchange based tokens are a reflection of the extent of the financial capabilities of those exchanges, and given that these platforms do not define these tokens as an investment, and it is difficult to find an exchange that has continued as TOP 20 rank crypto exchange for more than 5 years, I think it is a bad investment if you want to consider it a long-term investment. We can consider it a medium and short-term investment if you are sure that the platform will grow in the coming years (less than 3 years) or are sure that there is an event or variable that will lead to an increase in demand for that platform and thus increase the value of the token. Otherwise, it is a bad investment.
1392  Other / Meta / Re: Request: Disable merits in the Wall Observer thread on: August 26, 2023, 07:59:33 PM
I did not read the responses above, but I will return to them later and perhaps change a few of the convictions below.



Although I agree that the abuse of merits is clear in WO and that it has become a way for many to easily rank-up by copying and pasting from the Internet, but the problem is with the people who send those sMerits. Therefore, since signature campaigns do not appear there, there will probably be an additional rule regarding spam, and if the problem is not resolved, then disabling merits is the last solution.

Personally, I think of solutions like:

 - Communicate with those who send merits in private and tell them how harmful they are.
 - Restrictions such as the maximum number of merits per month or for a specific rank.
 - local blacklist: Votes to ban accounts from participating.
 - disabke merits.
1393  Economy / Trading Discussion / Re: Best nonKYC exchange? on: August 26, 2023, 07:30:45 PM
There is a problem with non-KYC CEXs that do not strictly verify identity, as changing the terms of use may be quick and you find yourself forced* to complete identity verification to withdraw your money, so nonKYC exchange does not yet mean a truly decentralized platform where you can be sure that no third party can freeze your account or dispose of your money.

* I have personal experience, where in less than a month, OKX changed the terms of use several times, and funds were frozen in my balance, and I could not withdraw them because I needed to verify identity.
1394  Bitcoin / Bitcoin Discussion / Re: No, Elon Musk's SpaceX Isn't the Cause of This Multi-Billion-Dollar Bloodbath on: August 20, 2023, 08:34:24 AM
Whoever thinks that the reason for Elon Musk, SpaceX or China Evergrande does not want to search carefully and even the reasons mentioned in the article are not accurate. If you follow technical analysis, you will not need a reason to worry about the price of Bitcoin unless it drops below 24600. If this happens, then it must To look for a reason because it will take a long time for us to return to the levels of 30 thousand dollars, but the price rebounded quickly when it reached 25400, and therefore we are still in the range of 24500 to 40900.

So the most realistic reason is the liquidation operations, in addition to the failure to break the resistance level with weak trading volumes.
1395  Economy / Speculation / Re: 1 Bitcoin will be $173,566 before November, 2025 on: August 20, 2023, 08:15:48 AM
I bookmark it and let's see what happens in the future. Personally, I expect a maximum of $140,000 new ATH at the end of 2024 to Q2 2025, but the variables are many, and if the price exceeds this range, it will be great.

@ImThour you create the pattern at N=0, because it hasn't repeated itself even once. Your wishful thinking is counting on it to happen again because it has already happened once but N=0 here.

@ImThour has a long history of good forecasting over the past two years, personally I give his predictions a good degree of credibility and sometimes it affects 20% of my investment decisions, whether in the short or long term, so let's see what will happens.
1396  Economy / Economics / Re: I dont sell my assets i borrow against them on: August 19, 2023, 12:23:50 PM
I did not understand the point you are trying to make, and I hope you add more details, but are you putting your house as collateral in exchange for cash and using it to invest in bitcoin? Bitcoin is a high-risk investment and try to look smart by buying it against mortgaging your assets. Payment term and be forced to sell at a loss. Do not invest in bitcoin with money that you need soon or linked to deadline time.
1397  Alternate cryptocurrencies / Altcoin Discussion / Re: Some smart guy converted $1000 to 1 million in one day with $BALD coin on: August 19, 2023, 12:15:39 PM
We cannot say that he is smart, but you get information and find the right time, and this case is anomalous and cannot be generalized for all investments, so be careful not to take such stories as a reason to try your luck and invest in these currencies.
It reminds me of someone who mined a Bitcoin block using Solo Miner.

Single Trader Lost $55M on Ether Long Yesterday
That was nearly 30% of all liquidated futures on Binance, the data shows.
https://www.coindesk.com/markets/2023/08/18/single-trader-lost-55m-on-ether-long-yesterday/

How much is his fortune for some people 55 million is not a loss that makes you poor.
1398  Alternate cryptocurrencies / Altcoin Discussion / Re: Top altcoin that you won't buy anymore on: August 19, 2023, 11:49:32 AM
Each investor has his own criteria in which he sees logical justifications for why he invested in X coin and did not invest in Y coin, so I can say that I did not invest in solana because it is very centralized, and I did not invest in ada because it has been removed from some platforms or I want to invest in matic because I think the fees Ethereum is high, or I want to buy TRON because the use of USDT will increase in the future, and so on. There are many reasons, but some find it sufficient to invest or stop investing.
1399  Bitcoin / Bitcoin Discussion / Re: Financial Revolution with Bitcoin and Feasibilities on: August 19, 2023, 11:31:27 AM

•     What is Revolution?

I think you misunderstood the revolution word, or at least this political definition of revolution and not the economic definition.

Some governments consider bitcoin to be a competitor to the local currency because this weakens the government's role in control, as the right to print the currency and dispose of it being clear of the need or financially acceptable is in the hands of the central bank, but in bitcoin you need the consensus of the network, which makes it decentralized compared to local currencies.

However, what is happening is not black and white, but countries may allow bitcoin to be considered a currency for international trade and to promote economic activities between countries if its value rises above the market value of gold.
1400  Other / Meta / Re: Growing SEO spam on Bitcointalk on: August 19, 2023, 11:00:42 AM
Can rwaltz.coom be considered as SEO spam. I tried to report these topics but they are deleted on the basis of topics, not account. For example, @cyrilmorris[1] created 36 posts, all of which contain a rwaltz.coom link.
The same thing with Bitget[2], which now has a signature campaign, but in the past there were a lot of accounts that created topics for nothing but promoting this service.

What is the appropriate reporting format given that not individual topics are deleted but banning the account.

[1] https://ninjastic.space/search?content=rwaltz.com | https://bitcointalk.org/index.php?action=profile;u=2594741;sa=showPosts
[2]
There are some members who promote their services in all their posts without intending to discuss, and so all posts are considered spam because there is no intention to discuss here. For example, these accounts:

 - Grace366 (rwaltz.com SPAM)
 - Vivageneviv (Bitget SPAM) alt (ananyabushra

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