Do not deceive yourself about this coin becoming in the top soon. It's already number 10. Soon to be number 9 as Tether's implosion continues. Yes, it is being used but there have been concerns about it. I recently read in news in which one country which I cannot remember now asked exchanges to delist every completely anonymous cryptocurrency as these countries believe into the transparency of blockchain system. Decentralized exchanges are only becoming bigger and more common, as more and more people want to move away from the ridiculous KYC and account freezing that is taking place on many traditional exchanges. Monero is already trading on some decentralized exchanges, and will trade on more as time goes on. If it was genuinely delisted from every centralized exchange, the demand for it wouldn't go away - it would simply speed up its adoption on to DEXs.
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It either confirms Tether is on fire or Bitcoin is finally geared up for another bullish run. It is definitely Tether being "on fire", as you put it. Tether's marketcap has continued to fall by steady $50 million increments as they desperately cash out more and more to try to bring it back up to $1. They are at least back up to $0.99 for the first time in two weeks. They've lost a billion dollars from their market cap in under a month. So much for being stable, haha. At any rate, selling Bitcoin at peak prices for Tether and buying them Bitcoins back at lower rates is a smart and profitable move to take anytime Bitcoin loses steam.
Selling Bitcoin at peak prices for an actually stable stablecoin is a smart move. Any move involving Tether right now is decidedly not smart, unless that move is getting the hell out of Tether.
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these alt belong to the pharmacist ( a low life member here) The pharmacist will be soon banned
Well, that's undeniable proof as far as I'm concerned. I'll report him immediately.
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I'm glad new exchange especially decentralized ones are been created almost on daily bases. This is a welcome development because the more exchange the cryptocurrency community gets, it will encourage competition in the exchange business and drive the wide abortion and through advertisements new investors will be introduced into the market. What I'm against are the utility tokens they bring along with them flooding the community with useless tokens on daily bases.
I completely agree with you regarding the deluge of new trash tokens with no purpose trying to scam the market. However, I'm in two minds regarding all the new exchanges we see popping up. On one hand, more (legit) exchanges means more competition, which is a good thing. Exchanges like Coinbase, with their exorbitant fees and terrible customer service, will be forced to improve or lose customers. Decentralized exchanges removing some of the ridiculous KYC requirements and privacy invasion of traditional exchanges is obviously a huge step forward as well. However, many new exchanges being launched turn out to be scams. You can go to the Scam Accusations board and see thread after thread about new exchanges being launched and then exit scamming after people have deposited their coins. Look at BitGrail for example - launched as the only exchange at the time for RaiBlocks (now known as Nano). They exit scammed and made off with about $150 million at the time in BTC and XRB, and now there are legal proceedings going on against them.
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But I want to know if someone reply like him (plagiarizing a part), may I report him? Yes - report him. Both examples that you have linked to are barn-door plagiarism. It doesn't matter if he adds a few words or changes the odd word or two - it is clear the post has been copied. He will receive a permanent ban. When you report the posts, be sure to include a link to the original post that was plagiarized. Something along the lines of "Plagiarized post. Original here: URL". I've reported him too for good measure.
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They had integration with Shapeshift, like Coinomi.
This integration was amazing, even better on coinomi, as anyone could trade between different cryptocurrencies very easy, fast and without any KYC verification, and inside your own wallet. Can you elaborate on this a little? The article states that the Lockbox wallet will support "support bitcoin, ethereum, and bitcoin cash". How can it support trading between a variety of cryptocurrencies if it only supports three (and no sane person would want to trade BCH anyway). Is it literally just BTC/ETH trading only, or is there more to it than the article suggests? The article also states that we "will be able to pair Ledger's multi-coin Nano S devices with Blockchain wallets". Given this, I don't really see the point of the Lockbox wallet. It sounds like a normal Ledger Nano will be able to do everything the Lockbox can do, with obviously the added advantages of Ledger Live, 3rd party wallets like MEW and NEON, great coin support, etc. This article makes it sound like the Lockbox wallet is purposefully dumbed down and locked to one website for people that don't really know what they are doing. However, Shapeshift is now demanding KYC, so I hope they get some other partnership. Yup. One more service added to my list of "never going to use".
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May be its not a smart question to ask but I need to know how to people profit from buying sablecoins?
The way to make profit from stablecoins is to change from BTC to your chosen stablecoin when the BTC price is high, and then change back from stablecoin to BTC when the BTC price has fallen, thereby increasing your BTC holdings (although your holdings in terms of fiat won't have changed, until BTC price rises again). Either that or figure out some way to short Tether in the next few months before it completely collapses.
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Friends, I would like to hear your opinion. How do you choose a project to invest? I believe that it is better to invest in projects that already have a finished product (application, masternod, etc.) What do you think?
Of course it is better to only look for products that have a working product with a real world application, rather than spending your money on the promises of a complete stranger, but these projects are few and far between. The number of projects in the crypto-sphere that will actually ever be used in the real world is a single-digit number. ICO whitepapers are a generally a mess. Most are trash, many are plagiarized, some don't even have a whitepaper. They are more useful for weeding out the many obvious scam projects than they are for finding the very rare project that is legit. This doesn't stop newbies sending their money over to these scam projects though.
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Don't worry, Bitcoincash has a large daily transaction record. There are still many people who use it which proves that bitcoincash still has high usability. A year ago, BCH's daily volume was between $5 and $10 billion. A month ago, it was $1 billion. Today, it was the lowest it has ever been at barely $200 million. I would hardly call that a "large daily transaction record". It's ratio to BTC is down at 0.67 and continues to fall. As pixie85 pointed out, BCH had a brief time in the limelight because of BTC network congestion, an issue which has now been solved. BCH is dying, and the sooner the better.
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It looks and sounds like a dumbed down version of a Ledger Nano.
It only works with Blockchain.com. You can't use Ledger Live. The article states that "a special key set inside the device" will only allow it to connect to specific websites. Which websites, we don't know yet. It will only support bitcoin, ethereum and bitcoin trash cash.
It seems like its big selling point is facilitating crypto-to-crypto trades direct from the hardware wallet, but if you can only trade 3 coins (and 1 of those 3 is a scam), then I'm not entirely sure of the point of this wallet.
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Pretty sure you could just add a query to the existing forum to check the age of the most recent post, and if it's greater than several months; disallow the post. SMF probably wouldn't be that hard to extend. You are already met with the following warning when trying to necrobump a thread: Warning: this topic has not been posted in for at least 120 days. Unless you're sure you want to reply, please consider starting a new topic. I don't think a blanket ban on necrobumps is appropriate. There are some threads, particularly in Technical Discussion and Technical Support, where users have encountered the same or very similar issues as outlined in old threads. Bumping these threads with new information or solutions is more appropriate than starting a whole new thread and having to rehash all the previous solutions again. From mprep's Unofficial Rules thread: Regarding necro posting, if the necro post is substantial (doesn't break the rule especially rule 1 and 2 (2014/07/21 version)), then it's OK.
The necro bump on that marriage thread was low value spam - I know because I reported it - and so deserved to be deleted. Unfortunately your post was likely collateral damage.
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but the only issue is that based on the fact that it is not being used in real life, it has made the space to turn to a very speculative environment. It is not being used in real life because the majority of people buying are just in it to "get rich quick", so to speak. If you want the environment to be less speculative, then start using bitcoin. It's as simple as that. Work for bitcoin. Trade in bitcoin. Use businesses that accept bitcoin. I regularly ask any small or independent retailers or any tradespeople I am dealing with if they accept bitcoin. I've been surprised a couple of times by people or business that do. Whenever my friends or I place a food delivery order as a group, we all pay back the person who ordered in bitcoin. More adoption equals less speculation and also more growth. It's a win-win for everyone.
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there are still some people who just do not like the idea of their privacy being opened to the public, even if they do not want to do shady deals, but personally I do not see a problem with that You don't see a problem with having no privacy and allowing all your information to be open to the public? This is such a stupid position to hold. The "I have nothing to hide, therefore I have nothing to fear" argument is utter nonsense. If you truly believe that, then you will have no problem posting your real name, address, browsing history and email addresses and passwords here so everyone in public can have a good look through your life. I know you won't, which renders you a hypocrite of your own argument. Do you have curtains on your windows? Do you close the door when using the toilet in public? Do you wear clothes? If you answered yes to any of those questions, then you value privacy.
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After that - I looked for comments and looked for users who always admire me and my work. I easily discovered a circle.
My all focus was to build up a name for me, a positive impression using mdayonliner account so that I find more people who admire me.
For me, this is maybe the most concerning things you have said yet, short of offering the escrow deal. Searching for users who admire you? Trying to build a personal circle of users? It screams of narcissism and complete self-centeredness. You have pretty much just admitted that everything you did on the forum was for your own personal gain and achievement. With every post you made you weren't thinking "Does this contribute to the conversation?" but instead "Will this make more people admire me?" The real question is why you were so desperate to build a "positive impression" so quickly. You ran your loan service no problem with no trust and even negative trust. You could have bought, sold or traded anything with no trust by using a trusted escrow, as many people do. You could probably even have started escrowing small amounts before long. Many people spend years on the forum with no trust rating but are still looked upon positively by the community. Being so desperate for positive trust makes you look more like a scammer. Your self admission that "all your focus" was on gaining admirers is scary. Previously, I thought you were probably just naive offering that escrow deal. Now, I'm not so sure.
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-snip-
An interesting idea, but can we not have some Golden Balls style mind games and deception first? The forum has been lacking in exciting drama for a while. Edit: The Pharmacist robbed me of my entertainment by being selfless. How selfish of him!
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The whole situation is a bit of a mess, with several missteps as I see it:
1) I don't agree with taking an account as collateral, but it was done several years ago when the practice was more commonplace and selling accounts did not generally result in negative trust.
2) "Account sellers are not to be trusted" is too generic a statement. Trust isn't an all or nothing thing - I trust my wife completely, my friends a lot, my colleagues a bit, and strangers hardly at all. I would certainly trust someone with a large positive trading history (such as iluvbitcoins) a lot more than your average shitposting account farmer and seller.
3) "Abusing the trust system" is also not accurate, given The Pharmacist was simply applying well recognised and known about standards, albeit to a more senior and trusted member than the usual aforementioned account sellers.
There is no perfect, or even good, solution here. Leaving things as they are is one. LoyceV's suggestion is another, as is The Pharmacist's own suggestion regarding when he removes negative trust. Mutual or one-sided neutral trust is also a possibility.
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what you say about "far far more crimes" is only because of lack of adoption otherwise cryptocurrencies would have been used just as much. Maybe. Maybe not. We don't know because it hasn't happened. My point is that fiat in the form of hard cash is anonymous and involved in lots of crime, yet no one has ever tried to claim that everyone using cash is a criminal and that we should be banning cash. To say the same about Monero is just nonsense. but if monero reaches mass adoption then almost all of its usage will be for illegal activities. Again, maybe or maybe not. I'd be quite excited to be able to use Monero to pay for perfectly legal things in person like groceries and gas, instead of having all these things linked to my name and address via my bank, or be forced to carry around unreasonable amounts of cash. Just because you personally wouldn't use Monero or care that much about anonymity doesn't mean everyone else is the same.
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