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1661  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Ripple deposit never received on: August 06, 2022, 08:23:18 PM
Thank you all for your responses, I was really frustrated because I couldn't figure out what went wrong. It's a petty amount of 25 forgotten XRP on Kraken, which I wanted to transfer to Binance, since it's the only exchange I'm using.

Should I contact Binance via email or through their lost deposit form? Does it make any difference?

Once again, thank you everyone.
1662  Alternate cryptocurrencies / Service Discussion (Altcoins) / Ripple deposit never received on: August 06, 2022, 02:23:59 PM
Hello, I decided to move some XRP I had in Kraken to Binance, but the withdrawal was never received in Binance. I'm pretty sure I did everything correctly, or at least hope to.

This is my deposit address on Binance, I used the same deposit address and MEMO on Kraken, while I made sure the selected network was "Ripple"




Kraken shows that it has gone through, but I never received it on Binance. It was only a petty amount, but I was curious on what I did wrong. Does anyone have any idea?

Transaction TX: https://bithomp.com/explorer/AD1341C6788BEDE72025DEDD21112B6F23356E6C10AF59BD8AA0C75A379EE879

Thanks in advance

Edit: Fake extension found, more information here: https://bitcointalk.org/index.php?topic=5409045
1663  Bitcoin / Bitcoin Discussion / Re: What will happen to BTC if China attack on Taiwan? on: August 06, 2022, 12:26:17 PM
Honestly, I believe that we'll have more important issues to face if another war flares up between China and Taiwan. Bitcoin's movement will probably be the least of our concerns, since both countries are huge exporters of pretty much everything, from technology to household goods and precious metals. Conflict certainly isn't positive for the cryptocurrency, nor the stock market.
1664  Bitcoin / Bitcoin Discussion / Re: The British Museum has some Bitcoin items on display on: August 05, 2022, 09:45:33 PM
I believe that some of our users have bigger collection than British Museum. But, I must admin that British Museum is doing a really good thing, by making Bitcoin a bit more popular. Just hope there are some explanations or a guide that can tell what Bitcoin is. Because some people, while walking by might think that these are "just ancient money".
When I first joined the forum in 2014, I remember a few users creating and selling such physical coins in the marketplace section. Some even went as far as integrating a wallet (I remember them having a QR code) in the coins, so they were actually worth Bitcoin. I wish I had bought one back then.
1665  Economy / Economics / Re: Crude Oil drops below $100 on: August 05, 2022, 08:15:00 PM
I have a bad feeling about all this. By the first week of November, the selloff from SPR is going to stop and crude will be back to >$120 levels (or much higher than that). The only factor this is pulling down the price is the massive selloff by the American administration from their SPR. They don't have any reason to continue with it, once voting closes on 8th November. And even worse, the Americans may try to refill the SPR which should be almost empty by then. I won't be surprised if the crude oil prices cross $150 per barrel level.

I felt I needed to take a look at it after reading your post. I was aware Biden's Administration was releaing a significant percentage of those reserves, but then I realized it was way more than I thought it was.

Source: https://www.eia.gov

According to that graph, the Strategic Petroleum Reserves of USA are at the levels of 1986!
So the scenario you explained may be indeed possible depending on how fast the government wants to replenish their SPR and whether they plan to do it with foreign or national production.

This seems to be quite a political move looking foward to November rather than part of a long term plan to relieve common citizens from high energy prices...
Interesting insight from both of you, didn't actually know that USA is selling their crude oil reserves, a move that will only temporarily relieve the market. I'd like to see how this progresses in the upcoming months. Unfortunately, I was also expecting that this could only be a non-permanent drop in oil prices, since Russian oil imports are yet to be replaced, while the war isn't stopping anytime soon.
1666  Economy / Economics / Re: U.S dollar almost equal to Euro on: August 04, 2022, 09:56:49 PM
I see that the price of the euro will definitely be less against the dollar, since Europe will probably have to pay for the benefit of other countries. What does it mean? Probably many people know about the problems in the United States, namely in their economy and finances, and so this all needs to be resolved and it has already been found, namely, the ruin of Europe will just allow the United States to help solve its problems at this stage in the first place. Based on this, the price of the euro against the dollar will continue to decline.
USA could be in trouble eventually, but the fact that Europe is a whole continent and the nations that are using euro are not all single entity. Meaning if we are dealing with this right now, that means we are not going to be shocked when Germany fails to pay for the debts of Greece or something like that again. We have known for a while now Germany has been fixing the problems all over every nation that uses euro, and France tries to not create too much trouble for anyone, but there are like a dozen nations that is failing and because of that euro is failing as well and now that Germany can't make a surplus, they can't reach out and help everyone all at once.
Since when is Germany saving other countries from the goodness of their heart? Are you serious? Germany made billions, profiting from Greece's financial crisis. The ECB is responsible for the state of many countries in Europe, including Italy, Greece, Spain and so on. Not to mention that Germany still owes war reparations since World War 2.

No one is saving anyone, it's all done for profit, Greece and many other countries should have never joined the Eurozone, it was a terrible mistake.
1667  Economy / Economics / Re: Crude Oil drops below $100 on: August 04, 2022, 03:54:52 PM
It is believed that oil could fall below $90 if inflation persists, something which is highly unlikely to change since it simply keeps rising, driving leading to large price increases in basic necessary goods.
~snip~
One hour later, and WTI dropped below $90, for the first time since February 10th.
Same here, dropped around €0.20/liter, but it's still too expensive to notice. Gas was always expensive in Greece, due to high taxation and excise tax, which is up to €0.70/liter. Covid-19's quarantine drove prices down n 2020, the lowest I've ever seen them, at €1.33/liter, it felt so cheap fueling up back then.

Personally, I've cut my fuel usage up to 2/3 of what it was in the past 2 years, I've resorted to using my motorcycle, which uses half of what my car is, while due to long hours working and the less available income, I'm no longer capable of using my car for leisure purposes. Oil continues to tumble, the only positive thing happening with all these excessive prices.

P.S Great website, provides great inside on fuel prices

By the way, reducing the consumption of gasoline / diesel fuel is a good step both to reduce the burden on the family budget and to help the global crisis. I recently sold my 4 liter Toyota Prado, I am going to buy a hybrid car for long trips, and an electric car for city trips, exclusively for the home-office-shop-home cycle, which is 90% of the total trips. In Ukraine, gasoline / diesel fuel has also skyrocketed in price, it's time to reduce dependence on such a resource
What else can you do, there's no other choice. I used to spend up to €150-€200 for petrol for my car, on a monthly basis, but I was always on the move, traveling back and forth. Currently, I'm spending at least €80-€100 for petrol, only for my motorcycle, just to commute to work. If I used my car as much as I used it the previous years, I'd have to spend over €300/month.
1668  Economy / Economics / Re: Crude Oil drops below $100 on: August 04, 2022, 02:16:25 PM
It is believed that oil could fall below $90 if inflation persists, something which is highly unlikely to change since it simply keeps rising, driving leading to large price increases in basic necessary goods.
~snip~
One hour later, and WTI dropped below $90, for the first time since February 10th.
Same here, dropped around €0.20/liter, but it's still too expensive to notice. Gas was always expensive in Greece, due to high taxation and excise tax, which is up to €0.70/liter. Covid-19's quarantine drove prices down n 2020, the lowest I've ever seen them, at €1.33/liter, it felt so cheap fueling up back then.

Personally, I've cut my fuel usage up to 2/3 of what it was in the past 2 years, I've resorted to using my motorcycle, which uses half of what my car is, while due to long hours working and the less available income, I'm no longer capable of using my car for leisure purposes. Oil continues to tumble, the only positive thing happening with all these excessive prices.

P.S Great website, provides great inside on fuel prices
1669  Economy / Economics / Re: Crude Oil drops below $100 on: August 03, 2022, 08:53:09 PM
Crude oil has dropped below $100, the first time in months after touching the highest level since 2009, at $130/barrel. Oil prices have dropped the past two months, with both Brent and WTI Crude trending below the $100 level ($91 for WTI and $97 for Brent oil). According to Oilprices.com, consumers have already seen a slight relief in gas prices, dropping from the historic average of $5/gallon down to $4.16.

Haven't checked in other European countries, but in Greece it has only dropped a few cents till now, I'm expecting it to drop within the next week though (from €2.45 to €2.20 in my area at least). It is believed that oil could fall below $90 if inflation persists, something which is highly unlikely to change since it simply keeps rising, driving leading to large price increases in basic necessary goods.

Have you seen any significant drop in gas prices in your area? Will oil drop even further, despite the ongoing war?

There's a common saying when it comes to gas prices, the price goes up like a rocket and floats slowly down like a feather. There is actually a strong correlation between oil prices hitting record highs and a recession following shortly after, but there is a lot going on around the world right now so it's hard to gauge what will happen. Inflation is going sky high as well in many countries, which stifles demand but Covid caused a lot of disruption. You just have to wonder when any pent up savings and demand left over from the Covid effect will wear out. China is also struggling at the moment, which is reducing demand, because of this zero-covid policy causing a lot of lockdowns. It's a really unpredictable environment right now.
That's correct, right when the war started, gas prices quickly skyrocketed within a few days, now that crude oil is dropping, price changes are subtle and take days or even weeks to appear at the pumps. I'm not expecting a miracle to happen anytime soon, since the exchange rate of EUR/USD is almost 1:1, but a slight relief is better than nothing.

The main concern is the rising inflation, which isn't going to stop anytime soon, everyday goods are seeing major price increases day by day.
1670  Economy / Economics / Crude Oil drops below $100 on: August 03, 2022, 07:50:49 PM
Crude oil has dropped below $100, the first time in months after touching the highest level since 2009, at $130/barrel. Oil prices have dropped the past two months, with both Brent and WTI Crude trending below the $100 level ($91 for WTI and $97 for Brent oil). According to Oilprices.com, consumers have already seen a slight relief in gas prices, dropping from the historic average of $5/gallon down to $4.16.

Haven't checked in other European countries, but in Greece it has only dropped a few cents till now, I'm expecting it to drop within the next week though (from €2.45 to €2.20 in my area at least). It is believed that oil could fall below $90 if inflation persists, something which is highly unlikely to change since it simply keeps rising, driving leading to large price increases in basic necessary goods.

Have you seen any significant drop in gas prices in your area? Will oil drop even further, despite the ongoing war?
1671  Economy / Economics / Re: Are we hodling BTC or we are hodling Fiat?? on: August 02, 2022, 08:06:44 PM
There are multiple reasons I'm holding Bitcoin, the main one is for investment purposes. I'm highly confident that in a few years, Bitcoin will thrive once again, resulting in a decent profit. The second reason, is because it enables me to hold funds away from banking services and officials. For instance, my earnings would have to be declared if I exchanged to fiat. Furthermore, I find it pretty convenient that I practically have money stored in my computer, without it directly tracking back to me.

As mk4 mentioned, Bitcoin has multiple uses and nobody bothers how you use it.
1672  Bitcoin / Bitcoin Discussion / Re: Website browser with mining features on: August 01, 2022, 03:35:58 AM
I wouldn't trust such services, however, I've seen a few that are legit, but are paying a few pennies in some kind of altcoin. Certainly not worth using your PC's capabilities to earn a few cents at most. The only thing you'll achieve is to burden your computer for no absolute reason. Regarding the website you mentioned though, I highly doubt that it's legit, it looks like a Ponzi pyramid scheme and has poor reputation on Trustpilot.

https://www.trustpilot.com/review/cryptobrowser.site

1673  Other / Meta / Re: Notifications For Replies in Forum Posts! on: July 31, 2022, 07:59:24 PM
That's something I also wanted to recommend, but never actually did. I've been quoted quite a few times, but never actually got to see it until it was too late. It'd be great if such a feature was implemented, because it's difficult to keep up with so many topics on the forum. Other users recommended 3rd party services, but I'd rather not use them.
1674  Alternate cryptocurrencies / Altcoin Discussion / Re: Good and adequate staking platforms on: July 31, 2022, 02:02:30 PM
https://www.stakingrewards.com/
Why do you need it?
Why take risks because of 10-15% per annum with your capital?
And don't use centralized exchanges for that.
It is better to buy coins when they are cheap and sell them. Annual profit will be higher and less risk.
Since when is a 10-15% APY considered poor? Especially for stablecoins, it's a decent yield that a bank will never provide you with. Even higher performance portfolios do not offer that, while your money is never insured when investing. How is buying coins less risky? How do you consider something that unpredictable a safer option? I would hate to remind you how wrong something like this can go.

Even in Bitcoin, you have zero guarantee whatsoever, who knows if and when it'll recover?
10-15% APY In stablecoins, this is a potential Ponzi pyramid that will destroy almost all of your money, as was the case with Terra UST. You also have no guarantee that tether will not scam or your stablecoins will not be blocked.In this market, it is sometimes more important not to lose profit than to earn.
Tether, USDC and BUSD are not Terra UST, and are deemed reliable enough. Who is  providing you with a guarantee when investing, even bank investment programs do not, and they are offering 5-10% at most. Does Bitcoin/Ethereum/YouNameit guarantee you it'll recover? Nope, there's no such thing in Investments.

There are quite a few vaults on Beefy offering decent up to 8-12% APYs for stablecoins, it's not a Ponzi.
1675  Economy / Economics / Re: (over)population - doomsters vs boomsters on: July 31, 2022, 08:17:04 AM
The issue IMO is not overpopulation or underpopulation. All around the world, people with high IQ are being replaced with people with lower IQ. Population growth is taking place in regions such as Sub-Saharan Africa and the Middle-East, where the people are illiterate and unskilled. On the other hand, maximum population decline is being noted in regions such as East Asia (Japan, Taiwan, South Korea.etc), where there is 100% literacy. In the long term, this brings down the levels of human innovation. 
As awful as it may sound, you're right. Western countries are facing underpopulation, due to the financial crisis and the deteriorating situation, the west isn't having children. Third world developing countries, however, in Asia (see Indonesia, India) or Africa, are extremely overpopulated, often living in terrible living conditions, with poor hygiene and housing, lacking access to water and food.
1676  Alternate cryptocurrencies / Altcoin Discussion / Re: Good and adequate staking platforms on: July 30, 2022, 10:30:43 PM
https://www.stakingrewards.com/
Why do you need it?
Why take risks because of 10-15% per annum with your capital?
And don't use centralized exchanges for that.
It is better to buy coins when they are cheap and sell them. Annual profit will be higher and less risk.
Since when is a 10-15% APY considered poor? Especially for stablecoins, it's a decent yield that a bank will never provide you with. Even higher performance portfolios do not offer that, while your money is never insured when investing. How is buying coins less risky? How do you consider something that unpredictable a safer option? I would hate to remind you how wrong something like this can go.

Even in Bitcoin, you have zero guarantee whatsoever, who knows if and when it'll recover?
1677  Alternate cryptocurrencies / Altcoin Discussion / Re: Good and adequate staking platforms on: July 30, 2022, 08:38:26 PM
What good and adequate staking platforms do you know? Exchanges as staking platforms have shown themselves to be the worst, constantly changing even the fixed staking rates. Convinced by my own experience.

Sending to staking through official wallets seems reasonable, but I'd like to consider options where there's a large selection and you can track everything at once.
I've only used Beefy and didn't have any issues, however, I've recently heard that they're struggling financially, which isn't a healthy sign. Currently, I'm using Binance savings, it provides 10% APY on BUSD for up to $2.000. So far, it hasn't changed rates. Their locked staking options aren't too bad, but they are rarely available or/and have a tiny available quota.

I moved my funds there after the Terra incident, due to it being the easiest and most prompt solution. It's certainly not the best, but looks okay for the time being.
1678  Economy / Economics / Re: U.S dollar almost equal to Euro on: July 30, 2022, 01:35:51 PM
Oil has been extremely volatile the past few days, Brent Oil was worth $110/barrel yesterday afternoon and a few hours later it had crashed to $104, quite a difference. Can't understand what caused such a drop. While gas prices have slightly dropped, it's still too expensive for the average consumer. On top of that, the current rate of exchange of EUR/USD is trending at $1.02/€, increasing the fueling costs even further.
Edit: Grammar
1679  Other / Archival / Re: Bitcoin is King on: July 30, 2022, 10:59:14 AM
This really means little. BTC had a significant head start compared to other coins and in that early period managed to position itself not as one of the options, but rather as crypto itself. So when a lot of people think of crypto they associate it with BTC. But it's just an option, other coins offer different approaches and have diversified their goals so it's more like a smorgasbord than a main dish with plenty of side dishes.
While that's true, it did have a head start, but so did other altcoins such as Litecoin, or Namecoin, the first altcoin ever created. None of the two mentioned though are in the top 10 list of Coinmarketcap. Bitcoin is currently the oldest surviving cryptocurrency (not the first one to ever be created, though), with the largest market cap, while its dominance is up to 42%. I think that's pretty self-explanatory.
1680  Bitcoin / Bitcoin Discussion / Re: Can Stolen Bitcoin Be Recovered on: July 30, 2022, 08:04:22 AM
Quite sketchy looking website filled with ads. Bitcoin is not PayPal mate, once it's sent, it's over. Nothing you can actually do to recover your funds. As others have already mentioned, Bitcoin is pseudo-anonymous, even someone with little experience could use a mixing service, such as Chipmixer, and avoiding any ties with the stolen/compromised funds.
Things have been very simple with the innovation, and the ease of creating a wallet is made through different applications. So, usage of mixing services is not at all big deal. Stolen funds can be recovered only by the government agencies and this too happens when their arises suspicion.
That's not the case for the average Joe that got his funds stolen, though. Even government officials may have trouble recovering stolen cryptocurrencies, however, there are a few instances of retrieving stolen Bitcoin. One of them is the robbery of 120,000 Bitcoin after breaching the Bitfinex exchange in 2016, only 94,000 was repossessed though.

Source: https://www.bbc.com/news/world-us-canada-60310783
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