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1581  Alternate cryptocurrencies / Altcoin Discussion / Re: 32nd Binance Launchpad Project Arkham on: July 12, 2023, 10:25:47 PM
I do not know, but it is such a launchpad that always gets Binance into legal or regulatory problems, as employees enter currencies that have a relationship with their developers, or that Binance has a significant market share in it, and therefore they use the platform to achieve personal profits or to blackmail projects with the possibility of canceling the listing at any moment.

My words may not sound good to some, but your participation in such a launch increases the power of Binance and the centralization of the services it provides. It is true that it is beneficial in the short term, but it is extremely harmful in the long term.
1582  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is there a digital currency with higher security? on: July 12, 2023, 10:12:38 PM
In general, make the basic assumption for you that any non-bitcoin crypto is scam, unless strong evidence proves otherwise, and this evidence means that you can invest in this currency as the highest level of risk.

So, the beginning is to diversify your investments from safe, low-risk, medium, and high-risk investments, and very high-risk investments(it is likely that you will lose them.) Do not make the value of very high-risk investments more than 10% of your investment amount, and then you can divide it into 5 projects at a rate of 2% for each project.

Now for positive indicators:

 - Having a technical team that wants to solve a real problem.
 - A roadmap that ultimately aims to solve this problem.
 - They do not promise you a quick profit or an investment for the purpose of profit.
 - Most of the coins/tokens are not controlled by the developer team.
 - There is no control over burning.
 - To not be decentralized, even if they are central, to have clear solutions to comply with legal legislation.
1583  Bitcoin / Legal / Re: First Criminal Case Involving Attack on a Smart Contract Operated by DeX on: July 12, 2023, 09:59:08 PM
It seems that we are talking about a hacker, and if my memory does not fail me, I think that the intended bridge here is polygon bridge because during the past year it was hacked and then part of the money was returned, and therefore we are talking about an information crime related to penetration and money laundering more than a case related to cryptocurrencies.

Quote
After he stole the fees he never legitimately earned, AHMED had communications with the Crypto Exchange in which he decided to return all of the stolen funds except for $1.5 million if the Crypto Exchange agreed not to refer the attack to law enforcement.  

At the time of the attack, AHMED was a senior security engineer for an international technology company whose resume reflected skills in, among other things, reverse engineering smart contracts and blockchain audits, which are some of the specialized skills AHMED used to execute the attack.  

Unfortunately, it seems that the search engines are the government's back door in this case, and here I am expecting cooperation from Apple and Google, as they were able to know the words that he searched for.

Quote
after the attack, AHMED conducted an internet search for the term “defi hack,” read several news articles about the hack of the Crypto Exchange, and visited several pages on the Crypto Exchange’s website.  As another example, AHMED conducted internet searches or visited websites related to the charges in the indictment, including by searching for the term “wire fraud” and for the term “evidence laundering.”

To combat fraud on DeX, it turns out that no new legislation is needed.
All anti-money laundering laws contain loose sentences that enable governments to prosecute individuals with them, even if new technology appears, such as saying that trading any asset that is not supported by the Central Bank is considered an aid in money laundering.
1584  Economy / Economics / Re: Always ask for POD form from your bank on: July 12, 2023, 04:02:24 PM
I do not think that such a system is applied in my country, as after death all property is transferred to the court, which applies the provisions of inheritance, which is the money left by the deceased, where the deceased’s loans are paid first, and then the money is divided between his wife and children according to rules and provisions determined by a judge in the court.

These procedures are very slow and require the approval of all children (especially those related to land and real estate). Then, the absence of one of the children, or his lack of consent, or the lack of consent of the mother or wife, means that such funds will remain frozen for many years.

the majority here resort to writing the password for bank cards in a separate account on a piece of paper, provided that they take over the money from it until the inheritance is distributed, but there is no system supported by the state or law such as PAYABLE ON DEATH, although it seems like a good idea.
1585  Bitcoin / Legal / Re: Question about taxes on crypto profits (USA) on: July 12, 2023, 03:23:36 PM
First, you should not ask for tax advice in a multinational forum, ask a specialized expert or a lawyer, as failure to accurately report may expose you to a legal issue. Taxes are applied to Bitcoin and all cryptocurrencies according to  ---> https://www.irs.gov/pub/irs-drop/n-14-21.pdf and there is a page for frequently asked questions ---> https://www.irs.gov/individuals/international-taxpayers/frequently-asked-questions-on-virtual-currency-transactions.

In short, every sale that made a gain is taxable and there are no taxes as long as you don't sell.

You can read some user experiences ----> https://www.reddit.com/r/bitcointaxes/
1586  Economy / Speculation / Re: Bitcoin to $120k next year - by Robert Kiyosaki on: July 12, 2023, 03:05:41 PM
I respect Robert T Kiyosaki as an economist and as a writer of one of the best and most important books for anyone who wants to read about the economy, but his predictions for the price of bitcoin may not be accurate and should not be taken as investment advice or as a green signal for anyone who wants to buy bitcoin.

I can give you a sample of two tweets, one of which has acceptable accuracy, and the other is far from reality.


I also found this chart[1], and I do not know if it is accurate, but the most important point is that his predictions are not as accurate as his skill in writing. With all respect to him.


[1] https://www.newsbtc.com/news/bitcoin/why-rich-dad-poor-dad-author-will-wait-for-bitcoin-to-drop-to-1100-before-buying-more/
1587  Alternate cryptocurrencies / Altcoin Discussion / Re: Time for bounties and airdrops as we near bull season on: July 12, 2023, 02:49:17 PM
The problem is that you cannot get something good and profitable for free. Most of the successful airdrops required conditions from the users, for example, you have used the exchange at a certain time, or to deposit and withdraw with a certain balance. Therefore, the idea of getting free money from an airdrop and having a future value is an excluded idea.

Therefore, search for a good token, even if there are some conditions for it, as long as the platform or the entity issuing it will have value in the future.
You can also benefit from these links[1][2].


[1] https://icomarks.com/airdrops
[2] https://airdrops.io/
1588  Economy / Reputation / Re: hugeblack made false accusations against me. on: July 10, 2023, 10:02:29 AM
@BitcoinGirl.Club yesterday I saw your comment and wrote a long article in which I replied to all your points and I think it will be useful for the forum, Unfortunately I was unable to post it yesterday. I do not know if you deleted your reply or if it was because of what happened yesterday.

In general, I draft it in case you are interested in discussing about this topic. Smiley

I don't think we are going to see him in this thread again. I am just curious what kind of defense he is going to come up with.
He may be trying to find the private key to one of those addresses or one of the posts he deleted.
If he did not delete his posts, there may be evidence to support his argument.
1589  Economy / Reputation / Re: Should we hand out neutral/neg tags like candy?(open but might be future edits) on: July 10, 2023, 09:49:10 AM
As mentioned, neutral trust does not affect the account's ability to create posts or the chances of the account achieving income or joining signatures campaign, but it is useful for the forum as it either prompts the user to rethink about his behaviors or it gives an alert to the rest of the members to search about that account.

Therefore, as long as the neutral trust has some details and not like "I don't like that account," it is useful for the forum. In the end, the main goal of the trust system is to reduce scam and make the forum better.

Personally, before leaving any trust, I ask myself if it is useful to the forum, I will do it, whatever the reaction is, sometimes not to take any action or wait until the collection of evidence takes place = support that action.

Also, some members who protest against members such as JollyGood and see that the solution in ~JollyGood are wrong. JollyGood has taken an action by leaving a trust. The aggrieved party must prove that he is wrong and then leave the matter to the community, but if JollyGood does not take any step, then the trust system is useless. In real life there are over 100 DT's and only less than 10% of them leave trust rates in clear cases.

This matter is not limited to natural trust, but even negative. There is no service that has 5/5 ratings, so even if you are a merchant, some negative ratings will not harm your business. The most prominent evidence of this is Royse777 that has some negative trust, yet it is a reliable campaign manager..


Briefly:

 - It varies from case to case.
 - Sometimes not taking action = supporting that action.
 - Neutral trust does not harm the user's account, but it is useful for the forum.


I mentioned above. This one

There is no smoke without fire, and no one took any action, so perhaps it is an opportunity to review yourself. Cheesy
1590  Economy / Scam Accusations / Re: Aptos Foundation Twitter Account Hacked on: July 09, 2023, 01:03:08 AM
Hacking popular Twitter accounts and using those accounts to tweet various fake giveaways is nothing new. We have witnessed such incidents a few years back. If you see any kind of giveaway on Twitter, you should participate after verifying it at the highest level. So crypto users should be careful to control their emotions, so that such moves by scammers fail miserably.

I understand that, and it almost the hackers way to say that the account has been hacked, rather than a way to collect money. Instead of saying that this account has been hacked, they tweet such a link, and soon everyone will know that suspicious activity has occurred on the account. Perhaps the goal of the hackers is the data in the account more than profits due to free bitcoin giveaway links.
1591  Bitcoin / Bitcoin Discussion / Re: Do you think at some point government will change its stand and adopt Bitcoin? on: July 09, 2023, 12:53:18 AM
The issue of countries adopting a specific thing is not difficult. All you need is for certain countries to succeed in taking any direction, for there to be a political motive and people’s satisfaction, and the government will find acceptance of the new situation, so when there was a high adoption of Bitcoin, several countries succeeded in accepting Bitcoin and benefited from it then. Acceptance of a particular government or all governments is a matter of time.

Personally, I do not expect that to happen soon, and perhaps we need to wait for at least 50 years, then this technology will have matured and become of high market value, and then there is no risk in adopting it. Meaning by 2060 it will be very possible.
1592  Economy / Reputation / Re: hugeblack made false accusations against me. on: July 08, 2023, 08:51:45 PM
While I do agree with the none bolded parts but I really don't like the bold parts especially when a feedback was written as a personal note. Looks like - if you are not sure then why you go openly and start judging someone? You could be wrong and if you are wrong then you are effecting the said person and giving him a bad experience of the forum.
I have two reasons for this:
1) I've been trying to push him to create high quality posts, if he does and after about 2 weeks we'll have a good track posting record from which we can assess whether this account has been hacked or not.
2) He joined a signature campaign, and I was afraid that he would ask for a loan with the guarantee of that campaign payment, and I do not have enough proof, especially with @deadsea33 deleting all his previous addresses/posts.

@BitcoinGirl.Club, Aren't these reasons enough to give "neutral tag"?


Then i guess he shouldn't have a problem signing a message from any of the following donation bitcoin addresses that appeared on his profile at one point as per the archives

Now I'm surprised, @OP was careful to hide any data from his past.
1593  Bitcoin / Bitcoin Discussion / Re: Will bitcoin experience a more price increase during the halving? on: July 08, 2023, 02:43:06 PM
The SEC is afraid of Binance and Coinbase, or vice versa. These entities are regulatory and seek to implement legislative rules in the United States. Non-compliance by Binance and Coinbase will lead them to legal problems and financial penalties, not the other way around.
We can argue about their impact on the price, but since they are not decisions that lead to the closure of both platforms, therefore, it did not appear to have a negative impact on the price.

I'm sure many of the seniors in this forum know more about what happened and what will happen, therefore I beg the seniors to give a little knowledge and experience to us newbies, Really appreciate your discussion, Thanks.

After 616 days of registering here and you still describe yourself as a beginner, this is a big problem, even in university studies you cannot say that you are a beginner.
1594  Economy / Economics / Re: Let's get rid of all regulations, what can possibly go wrong on: July 08, 2023, 02:24:42 PM
We cannot drop an incident like this on a violin sector, but it has intersections. when the FTX bankruptcy, it was the beginning of a strong regulatory wave, and perhaps it is the reason for all this legal tightening in the United States itself. The OceanGate incident may be the beginning of more clear laws that govern commercial diving and submarines that are being built for this purpose.
But with all these legislations and legal oversight, you will find that some banks have manipulated millions of dollars[1][2][3] in money laundering and illegal trade.

[1] Danske Bank Pleads Guilty to Fraud on U.S. Banks in Multi-Billion Dollar Scheme to Access the U.S. Financial System
[2] Deutsche Bank's $10-Billion Scandal
[3] Five global banks to pay $5.7 billion in fines over rate rigging
1595  Economy / Digital goods / Re: Run you own crypto exchange with ease on: July 08, 2023, 02:04:31 PM
The least that can be described about such a Clone Script is that it is useless if it is not scam. If someone creates a site similar to Binance, he will not achieve the same success as Binance does because of the liquidity problem, and if he deposits the required liquidity in the hot wallet, there is no guarantee that there are no backdoors for such a script.

I do not advise anyone to buy such a script.

@OP Why you don't provide software or coding services, or do you re-sell these scripts?
1596  Economy / Economics / Re: Would you prefer to own a luxury watch or invest in bitcoin or other assets? on: July 08, 2023, 01:49:05 PM
Luxury watches, old beer pots, cars that were manufactured per order or in first copies, etc. are forms of investment because there is a demand for them, and a supply quantity cannot be created in sufficient time, so we cannot go back in time to make a classic car from the year 1930 or there are no hands and workers A skilled worker has enough watches, for which the demand increases as assets of limited value, but what earns them that value is demand, not limited supply.

One of my relatives has a collection of Rolex watches, the value of which has only increased by 20% over the last 3 years, even though its value exceeds $100,000. you are investing in growing demand, not limited supply.
1597  Other / Archival / Re: MIXGURU: The Most Effective tumbling service! on: July 08, 2023, 01:25:43 PM
Do you want to say that this is a legal money mixing service based in Switzerland or that the politically neutral laws of Switzerland will allow you to run an activity that will help clean up your money.

Quote
Is mixing Crypto Legal?

the legalities surrounding Cryptocurrency transactions is entirely dependent on your geographical location and the laws within your country.

Is it legal in switzerland.
In short, you provide a service provided by most mixers, so what is new or how will you compete with competitors?


How TETHER mixer works?
1598  Bitcoin / Bitcoin Discussion / Re: Bitcoin whales took high risks, while studying price movement in the past on: July 07, 2023, 02:23:42 PM
Investing in value when something has no value is a high-risk investment and is considered a risk if you do not have a convincing reason to invest and you diversify your investments so that the loss of that investment does not affect your investment portfolio, but capital is cowardly and nothing will take such a bold risk.

To simplify it for you, the price of Monero is 151.52EUR, so if you have 50,000 Euros, will you invest in Monero, After all the bad news about that CEXs have removed it and that the countries do not want it? This is exactly what was happening to Bitcoin in 2013, everyone thought it was a currency of the dark web and you had to do something illegal to buy it.
1599  Bitcoin / Bitcoin Discussion / Re: Factors that make Bitcoin determine price of other cryptocurrencies on: July 07, 2023, 02:00:29 PM
Not all cryptocurrencies are directly affected by the price of Bitcoin, but rather those altcoins that have a significant market value, and the reason for this is the effect of the market value of Bitcoin on them.

 - pump and dump coins whose price is stable for a long time and suddenly the price increases.
 - Stablecoins are pegged to one dollar, and the peg is rarely broken.
 - Fundamental events and changes in the currency, such as a hack, burning, updating or anything changing.

These factors make some altcoins differ in price from Bitcoin.
1600  Alternate cryptocurrencies / Altcoin Discussion / Re: TrueUSD (TUSD) Next stablecoin to depeg? on: July 07, 2023, 01:43:13 PM
But the company begins to take bonds and banking assets as collateral, which makes the stablecoin dependent on these assets.
This is a good option, I do not know what the current possession is as collateral, but it is clear that DAI was exposed to USDC, which caused their value to drop, just as it happened with USDC, and they could not recover the value of 1 dollar until after USDC regained its value.
I hope that there will be a better diversification of investments in Bitcoin and some other assets to ensure that what happened will not be repeated.

The currency is decentralized but maintaining the level of one dollar is central.
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