There is something I do not understand. Why do some people like buying Bitcoin Wallets that have already been generated.
1. As a collectible. The same reason why some people bought Casascius coins back in the day. 2. Ignorance (mostly the case I think). Some people think they're buying a hardware wallet or something. |
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Inflation affects markets in general — may it be investment assets like stocks/crypto or assets in general, commodities, liabilities, you name it. Do some quick research on how markets in general reacted to the approximate 8% inflation of the USD.
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What's your plan in case they ask for KYC?
Depends how much money I get 'caught' with. If the amount money I have on the exchange was too high for me to take a loss, then I'd be forced to submit AML/KYC. On the other hand if I can handle the loss, then I'd definitely wouldn't submit AML/KYC. While I do deposit -> exchange -> withdraw in the span of minutes, I can still get screwed if they suddenly asked for AML/KYC at deposit/withdrawal request. |
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I don't think there's a single no-KYC swaps exchange that I currently trust even a bit lol. Even Changelly which was pretty reputable back then(if I remember correctly?) now forces AML/KYC.
Personally, I just use the typical spot exchange like KuCoin as they currently don't enforce AML/KYC. Been using it for years now without submitting AML/KYC; but of course don't expect it to be like this forever.
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I noticed one disadvantage of these scam tracker software, especially the DFPI software. Victims must have fallen prey to their predators before others get alerted about the scam on the scam tracker site. It can only reduce the scam activity and adds time to the existence of cryptocurrency scams, as the scammers would not hesitate to launch a new website to continue their bad attitude.
You pretty much nailed it. By the time someone that's financially savvy enough to see that it's a scam — chances are, there already are victims. But I guess this is better than nothing so there's that. Still, education is still the most effective way of combating scams in my opinion. Most people simply just don't want to take the time and effort into reading about these stuff. https://cryptosec.info/scams |
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What do you guys think? Is this Whale manipulation or Bear market is over and we might see a new ATH by end of this year?
Why should this price movement mean anything? Why couldn't it simply be the fact that people just simply bought bitcoin, because it's highly likely to be the case anyway? Everything doesn't need to have some grand meaning. |
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I don't know about procedure of Tether to freeze/ ban a wallet but I believe they have it. Tether token recoveries is not to freeze or ban a wallet but you can find some information. If the amount exceeding $1000, they will support you but charge you 10% of the recovery amount. You can try to create a support ticket at Tether. Contact Tether Support and maybe will need support from Stake team with evidence of that hack, withdrawal to convince Tether team. Not sure what are the chances of Tether helping out OP since OP is using a gambling platform (which is pretty much a regulatory slippery slope), but I guess there's nothing to lose now. Might as well try. |
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Then if the news is actually true, then bitcoin will be more accessible to people? (which is great, obviously) But what else are you expecting? A bombastic green candle that would bring bitcoin to all-time highs? Lol
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Yeah, I was wondering whether Theymos would see that as a valid reason to change his name, and the sole reason I figured he might have a chance was Theymos's respect for privacy. I assume (but don't know for sure) that Theymos wouldn't just grant a name change for any newbie who requested one, else he'd be inundated with PMs asking for them. And who knows, maybe his inbox is blowing up daily.
Still, it took me a PM, a thread dedicated to my request, and over 2 years in order to have my username change granted....so yeah.
If I were to guess, is that it was a great privacy risk for this dude (it was literally his first and last name lol), while with most people they probably just want a 'better' username because they picked something like bob35321. |
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That could mean anything lol. But if you're talking about trading in general, there shouldn't be "seasons" — you should be able to make profit regardless of market condition, because that's what traders do — take advantage of both uptrends and downtrends.
^That's assuming that you're a capable trader, of course.
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I projected bitcoin’s market dominance - and it indicates it is going to lose at least half of its market value within the next 3-5 years. And probably sooner or later will give ground to Ethereum.
No offense my dude, but when I read this part I don't think I should even continue further. Bitcoin's market dominance is pretty much guaranteed to drop with the release of new cryptocurrencies, and it's not necessarily a bad thing. And don't even get me started with trying to predict market value. |
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You know what's common with these billionaire critics? Pretty much all of them are in the United States. If you're in a country where your currency and currency restrictions are mostly great (at least compared to other countries), you tend to think that bitcoin is unnecessary. People in other shitty/tight countries would beg to differ though.
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Nothing we can do here mate. The chances of Stake.com covering your loss is next to zero, knowing that it's a whopping $165k. Even top exchanges like Binance wouldn't shoulder the loss for you since it's your fault anyway.
Best of luck moving forward. 🫡
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I hope what am doing isn't a bad idea for not saving funds?
Only you know what your spending and responsibilities are, not us. So we really can't say for sure if this is a good idea or a bad one. Just make sure you wouldn't be in a bad spot if bitcoin decides to drop down to lower levels. |
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Nope. You can own bitcoin today just as you can own cash or physical cold today. It's just that centralized exchanges have age requirements so you probably need the help of an adult to be able to buy some.
As with stress and stuff, a young person can handle huge drops simply because a young person can afford to wait decades for his/her investment to go back up. Can't say the same for old folks.
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Noice. What's their stance though? Will they hold and wait for a good rise, or sell immediately to be able to use the money immediately? Either is fine though. however you believe that it would be better to support only Bitcoin and not other cryptocurrencies.
Probably set aside our personal opinions for now. What's important in this case is for them to get more funding. P.S. What the heck is Clamcoin tho |
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I mean, bitcoin is a currency/store-of-value, so your options are pretty limited to either or both. It's pretty much like asking how the USD(or your local currency) or an investment asset can help your agriculture business.
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That was unexpected. To be fair though, my dude literally used his real first and last name lmao. That privacy risk was probably justified enough for Theymos to do the quick job of changing the username.
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There's a reason why a huge majority of people lose tremendous amounts of money with trading — simply because it's not easy and it's definitely not for everyone.
Seriously, trading is overrated. Go get a job or start a business instead. Unless you want to grind for more than a year and shoulder the losses while you're still learning.
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