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141  Bitcoin / Bitcoin Discussion / Re: Bitcoins joins the bank on: July 19, 2020, 10:57:57 PM
I don't understand that guy.  Huh Isn't he supposed to be very clever or something? Yet he constantly contradicts himself? I don't understand how someone can do that. Even if he has no alternative agenda it is still wierd. I guess he is just a weird guy. Maybe he just likes money too much and will take it any way it comes. Still calling out that something is a fraud then using it financially...

I think banks have no choice but to deal with crypto. Banks will be extinct and I think some of them know it. I think in 50 years time banks as we know them will be almost gone. Why use goverment issues currency when you could use others that would give you interest and things like that? Government issued currency is not on your side.
142  Bitcoin / Bitcoin Discussion / Re: How Bitcoin was hijacked and centralized on: July 19, 2020, 10:41:49 PM
Errr.... What? Huh? I think you need to do a little more research there. To me centralized means I do not own it. The money in the bank you don't really own unlike crypto which is yours and yours alone. There is no central authority. You cannot control it. Buddy if there was a central authority then bitcoins price could be predicted and manipulated easily. It just isn't the case.
And yes many people use it. Go look at websites that you can work at or earn money from the payout in crypto. Even large companies are.
143  Bitcoin / Bitcoin Discussion / Re: Russian Central Bank Admits It Can’t Ban Bitcoin on: July 19, 2020, 10:37:01 PM
And at the same time, the same websites link to the Russian version where they say:

There will be no legalization

Quote
One of the most controversial issues remains the issue of legalization and circulation of cryptocurrency on the territory of the Russian Federation. According to Guznov , the position of the mega-regulator in this regard has not changed. In other words, the Central Bank of the Russian Federation is confident that cryptocurrency is actively used in money laundering and financing illegal activities, and its legalization will jeopardize financial stability and weaken consumer protection.
(google translate)

So basically they can't stop people from holding bitcoin but at the same time, there will be no way for them to make legal purchases and no way for shops to accept bitcoin payments legally.

So they can't ban it but they can make it almost useless.
What can the average Russian who doesn't know anyone outside the country and does not send money or receive from abroad do with them?
Buy coins from a western exchange, wiring money and then when it needs fiat to sell them and receive fiat again via a traceable bank transfer?

If they put a ban on purchasing and usage in the legal way  the effects would be devastating, and if the penalties include jail time, who will risk it?





It doesn't need to be "legalized" You can freely trade whatever you want for whatever else you want. If you cannot for some reason then you are living in a  communist country and should get out ASAP. We have the freedom to use whatever form of pay we feel. If I want to be paid in peacock feathers no goverment in the world will tell me otherwise. Many people would still risk using it if they included jail time (which it 100% agianst your rights and freedom as a person. May as well live in a POW camp. ) There 10000 other things to worry about before they worry about bitcoin. Ya know.... Like actual crime....

The money laundering arguement is old and dry. Criminals launder money in fiat since they earn fiat. What criminal earns crypto? Only an online scammer. I can promise you that the mob and such do not use crypto to launder money. Laundering money is when you take dirty money and clean it. Just as the name suggests. I hardly think converting fiat to crypto then fiat again is a good idea. Sounds like a greaat way to be caught if you ask me.
144  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] 💣get ETH, USDC, TKP, YOUC [YOUengine] 💣 McAfee supports [Round 3] on: July 19, 2020, 10:28:03 PM
#PROOF OF REGISTRATION
Bitcointalk Username: Zionatin
Telegram Username: ZeeZeebtc
Participated Campaigns: Signature
145  Bitcoin / Bitcoin Discussion / Re: Why people are happy only when the price goes up? on: July 12, 2020, 10:51:18 PM
Because people are idiots and don't see the big picture. They think only from their side and for the short term. They don't realize that bitcoin dropping can be benefitial for us. If it never drops we cannot "buy low sell high" as much. I prefer the bitcoin roller coaster to fiat which loses its value each day and never goes up in value.
146  Economy / Micro Earnings / Re: BitsWall - New kind of Bitcoin Offerwall on: July 12, 2020, 10:32:51 PM
@startsts Tax ID is optional, is not required.

I wouldn't trust a place that asks for that info. Only your government should know these things. Paying tax is the responsibility of the individual if the company handled this then places all over would be responsible for the tax from several other countries. It would be a mess.

This is like offer4all. I hope they ad some banner ads and the likes.

Anyone here that uses them been paid? How much? How often?
147  Economy / Micro Earnings / Re: Earn Many Cryptocurrencies with Faucets, PTCs and Others without Shortlinks! on: July 12, 2020, 10:24:11 PM
I don't think shortlinks are so bad. People only think that because they filling out shortlinks that are full of annoying popups and just spam ads. Use ones that have only one popup per page they take less then 1 minute to go through unlike the ones full of popups which can take 2 minutes or sometimes more. I am glad that it is possible to profit without the shortlinks but I don't understand how you can profit enough without popups and other ads. Ptc is great for advertising.
148  Bitcoin / Bitcoin Discussion / Re: Bitcoin is More Popular Than Traditional Banks on: July 06, 2020, 11:51:57 PM
Almost 4k participants doesn't mean very much. There are so many bitcoin supporters there because they went out of their way to vote. It's a targetted survey. If you had to stop and ask random people at malls or at traffic lights they would mostly say banks. It will still be some time before crypto rivals the banking system for your common person/user. Crypto is still a niche but is being used more and more by regular sites as alternative payment methods. Crypto withdraws work very well for countries where having a bank account can be problematic or is not compatible. For example, not every bank is compatible with PayPal but crypto can be used by anyone with internet access.
149  Bitcoin / Bitcoin Discussion / Re: My hardware wallet was seized by US customs. on: July 06, 2020, 11:41:01 PM
That is very strange but you are being paranoid. Sending something physically is counterproductive. Why would you launder money with a wallet? It takes longer to get there and it might get lost or something. If you laundering money you are laundering lots of money. Do you really think someone would risk that much money sending a physical copy of a wallet? That is just silly. Much better to use an exchange or mixer or guess what? Not even bother at all. Drugs are bought every day and sent all over the world. They can't track everything. If they did then no parcel would ever get anywhere. People seem to think law enforcement have some sort of magic powers. They don't. They just like you and me.

If you want to launder money you do not do it through currency. Not even crypto. Your source of income doesn't need to be traced. If the government see's you are spending more money then you could possibly earn they will ask questions. When people launder money they have fronts. They "invest" in bogus companies that don't exist or even some that do exist but are a front for something else. This is why KYC annoys me so much.
People don't use methods that require the kind of KYC they demand from us innocent folk. They buy property and do all sorts of things to spread the money.

I promise you that law enforcement agencies have better things to do. They looking to catch people laundering millions of $$ worth of stolen assets. It doesn't matter the form.

150  Bitcoin / Bitcoin Discussion / Re: Where to spend Bitcoin on: July 06, 2020, 11:28:07 PM
The best way to spend bitcoin is through payment processors. Everyone knows Bitpay but you can also use bitcoin and other cryptos with Payeer and WebMoney. You can keep those wallets topped up with bitcoin or other cryptos then spend it at any place that accepts Payeer or Webmoney. You can also trade Payeer and WebMoney to Paypal in case you have no other option but I do hate Paypal. Most of my purchases were with payment processors. You may even have a local one. Check to see if your local exchange (if you have one) supports an API payment system for merchants. Thus any merchant using it will support crypto payment too.
151  Bitcoin / Bitcoin Discussion / Re: Earn and save in Satoshi on: July 05, 2020, 11:29:33 PM
Yes, most people just give up after the first try and that is why they never become successful. Success is not supposed to be easy or else it wouldn't be much of success, would it? The more difficult something is the more difficult it is for others to follow and do the same. If you are very good at something very rare then you will always have work and success because it is very difficult to copy. Becoming successful is something very few do. If just anyone could copy the success then the success would be worthless.
152  Bitcoin / Bitcoin Discussion / Re: BITCOIN TRUST PROBLEMS: Bitcoin Investers will want to know about this risk... on: July 05, 2020, 11:25:12 PM
That was such a boring youtube omg. That wasn't even about crypto it was just about risks and then I fell asleep. Why are you here if you feel this way? I'm getting paid why would I be like a cult memeber? Im being paid in a currency I can use? Do you enjoy trolling or something? Explain yourself?

If you do not like something do not use it. Simple as that.
153  Bitcoin / Bitcoin Discussion / Re: Is Blockchain a Good Career? on: June 29, 2020, 10:25:48 PM
Blockchain isn't a career. That is like saying a computer us your career. What blockchain jobs? I am sure you mean blockchain devs. Where are you getting these figures of making 70-140k? How? By running a blockchain? You still have not explained to use how that money is generated. You can follow guides to make your own blockchain btw. Or just fork your own bitcoin blockchain. You do need to know what you are doing but you don't have to be a genius. Put it this way. The effort and time and knowledge it requires to launch and maintain a blockchain is not to work anywhere near these figures you are spitting out. You have to actually do something with your blockchain. Your coin needs to have use and its own value. Blockchain is just the technology, how you use it is how much you will earn. btw I love how you say from 70k to as high as 140k lol dude you can make billions if you know-how. There is no limit to how much money you can make with technology. It is liking asking how long is a piece of string. Thematically so long as the technology doesn't die you can make infinite money. You will die before then though.
154  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you believe in crypto ratings? on: June 29, 2020, 10:15:29 PM
Whenever I read these charts and graphs like this I always wonder to myself if they just suck this out of their thumb and just take a guess tally it up and round it off and give that as the answer? They say they use methods or algorithms or "intensive research" but would anyone know the difference between that and if I just made up a lift and took half-educated guesses? That's why I don't trust these things. I take what they say and think about it but I won't make it change my mind about something. At the end, of the day you need to think for yourself and what is best for you.
155  Alternate cryptocurrencies / Altcoin Discussion / Re: Legitimate Gold-backed tokens? on: June 29, 2020, 10:07:41 PM
You don't need tokens or coins or any currency for that matter to be "backed" by gold. Fiat is "backed" by gold but have any of you ever traded in gold or had your fiat returned for a gold brick? You know its there but its only for "piece of mind" having currency backed by rare things like gold is a very old way of thinking. Currency actually runs on debt. "I promise to pay the bearer a sum of" that means you owe the owner of the note. Debt is a word with a negative meaning so people assume its bad but currency working on debt is bad thing it is the way it is run. That note in your hand will continue to be owed to its bearer many times over.

All currency is, is something that is hard to copy and will not perish easily which can be sent to someone else. People need to agree to use it. This is why I say you do not need gold. The note you gave me for my work means that you owe me the amount = to that written on the note and I can then exchange and pass it on to another person. It is backed by the fact that you can trade it. You can use it in place of having to trade items directly.

156  Alternate cryptocurrencies / Altcoin Discussion / Re: Not all new project team can afford top exchanges on: June 29, 2020, 09:48:31 PM
If a project can't afford to be listed they probably shouldn't be making Anns and going public. If you don't have the money for a website to start up and are using free hosting then how can people trust you? You need to have the funds upfront. It shows you have planned. Many places that rely on advertising wait till they get their payment before paying their users and this is wrong. If you cannot afford to do what you need to do then you shouldn't be doing it, to begin with. However, I can understand if someone has a very good idea but not enough funds to be listed. I don't think it is an altogether bad idea to not be listed. Being listed encourages people to dump rather than true believers. Your project should have a use for the coins it uses and then people won't need to have an exchange to dump on.
157  Alternate cryptocurrencies / Altcoin Discussion / Re: DONT MARRY YOUR ALTCOIN BAGS on: June 29, 2020, 09:44:17 PM
I agree with you. Lol like it's not for the long term. Long term means coins you can actually spend. Many coins you can top off your payeer or skrill balance etc. But no one is gonna swap your Mr awesome tokens for USD.
Mr awesome coins are there to profit from then dump. The only altcoins you should ever keep are those that have a reason to be or are given to you as payment through other means but are listed at exchanges. Never ever hold onto a coin that you cannot spend. I love crypto but if you cannot spend something it has no value.
158  Bitcoin / Bitcoin Discussion / Re: Mining: Why choose Solo or Pool? on: June 22, 2020, 08:17:16 PM
Where are you getting this info from? It's not true at all.

This should be in the alto section since you only solo mine altcoins.

Unless you plan on buying at least 1% of the total mining power in the world then solo mining is out. Just asking about it shows you don't understand.
You said with solo mining "He bear the cost of buying the equipment needed to mine." what are you talking about? It doesn't matter how you mine you are going to pay for it. The size only increases or decreases the ratio.

"The advantage of this form of mining is that the miner will keep all the reward to himself while the disadvantage is that it may take longer time to mine a block."

The fee you pay to a mining pool is so little compared to the amount you will get mining in a pool.

Basically just forget about solo mining it has no meaning.
159  Bitcoin / Bitcoin Discussion / Re: Taxes on Bitcoins: Unreasonable or essential? on: June 22, 2020, 08:07:39 PM
Crypto is not owned by anyone and shouldn't be taxed. Noone can prove beyond a reasonable doubt where your bitcoin came from and what wallets you own. Why must you sell something you and your people decided to trade just to convert it into a government entity known as fiat? The fiat has already been converted into bitcoin and so the fiat is already in circulation. It isn't essential nor reasonable to tax crypto. Unless you declare what crypto you own. No one can prove you even have any.
160  Bitcoin / Bitcoin Discussion / Re: How to Spend Bitcoin? on: June 22, 2020, 08:03:47 PM
I am getting upset because there are fewer places accepting bitcoins here instead of more. A payment processor used it and therefore anywhere using that payment process supported bitcoin.
They stopped that and they said it was too risky. That was a big hit. Now the big online market took bitcoin off its site. The logo is not there anymore Sad Why though? They just sell the bitcoin as soon as they get it?
One reason was that peoples transactions were not going through. I blame the people for not knowing how to use bitcoin.
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