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1781  Economy / Service Discussion / Re: Get a credit card by Bitcoin on: October 24, 2019, 10:38:44 AM
Hey guys,

Is there any company or bank that offers a credit card by cryptocurrency or cash guarantee?
I can put for example $10,000 by cash or Bitcoin to get a $7000 credit card.

I don't want Prepaid or Debit card

I don't think that anyone offers that kind of service.

Credit cards are purely based off your credit, and there is no collateral required. You can probably get a $7k limit quite easily if you have a good credit score without even having to provide your $10k security.

Or, you can simply take out and refinance collateralised loans on bitcointalk. Although that would be p2p and will not involve any fiat.
1782  Bitcoin / Press / Re: [2019-10-18] Bitcoin Has Failed But Global Stablecoins a Threat, Say BIS and G7 on: October 24, 2019, 09:42:54 AM
Exaggerated. Never have they said that bitcoin has failed, but rather they mentioned that bitcoin 'failed to provide' a good 'store of value'.

Which in itself is absurd. I think that they are way more focused in the short term volatility of bitcoin that disguises its long term properties as a store of value in their statements. It's obvious that BTC fluctuates drastically in the short run, but in the long run its intrinsic value should make it a safe haven asset.

Besides, are they really just going to ignore the fact that bitcoin transactions is at an all time high, and still call bitcoin not as a viable form of payment?  Roll Eyes
1783  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: We've made a new exchange and looking for beta testers! on: October 24, 2019, 07:49:01 AM
I swear I've seen the exact same site layout somewhere. Initially thought it was Binance but then there are some subtle differences between the two.

Does anyone else have the same impression or is it just me tripping?

OP, I suggest offering stronger incentives if you're serious about getting experienced beta testers. Zero trading fees or a low liquidity market isn't really that attractive, if we're being honest.
1784  Economy / Exchanges / Re: Binance is earning only $20,00 per day on transaction fees charge?? on: October 24, 2019, 07:27:36 AM
In my opinion, it is better to pay more fees and get more security, knowing that your money will be safe. I agree with you that Binance seems to be the most secure exchange now. CZ is doing well

You shouldn't be keeping any balances on any exchange in the first place.

Just because someone is well known isn't a guarantee that they will continue to uphold security anyways. But of course track record is a key indicator.

I think you're missing the point here - Binance's security has nothing to do with whether or not they charge higher withdrawal fees. They can clearly at least reduce the fees by letting the user choose their own fee level. Even at 10k sats per withdrawal, they'd still be making a very sizable profit.
1785  Alternate cryptocurrencies / Altcoin Discussion / Re: Banks May Cut Tie with Facebook if Libra is Launched on: October 24, 2019, 06:56:48 AM
Sounds like some scare campaign but this actually may happen.

Banks actually have leverage here. Facebook's Libra is centralised, unlike bitcoin being decentralised. As a result, there is a central point of attack for anyone that is trying to censor their network, in a multitude of ways including banks ceasing co-operation.

Central banks especially are very wary of anything that threatens their ability to implement monetary policy, and I'd say that they see Libra as more of an enemy than even BTC right now.
1786  Alternate cryptocurrencies / Altcoin Discussion / Re: Protect Yourself And You Protect Your Assets on: October 24, 2019, 05:26:48 AM
Definitely. I hate it when people talk about their portfolios on public forums, because it exposes them to a much greater chance of getting hacked and scammers being able to specifically target them.

Besides, why give up your privacy when you have the option to keep it intact? I don't understand.

Share this information anonymously if you must. If some unscrupulous dude sees that you've got a hefty portfolio, and sees that you are of a low rank, you could easily be the target of a well orchestrated scam attempt.
1787  Economy / Service Discussion / Re: Bitskins alternatives? on: October 23, 2019, 07:13:35 PM
Update: Sold everything on skinbay without issues. Withdrawal was processed by coinbase and done almost instantaneously (<5 minutes). Highly recommend them.

I found that if you lower your prices to around 30%~ under market on skinbay you are almost guaranteed to have a sale within 24h. So don't use their instant sell function since that's usually 50%~ under market price.

Can't open it either, wtf... Difference between is that steam wallet money isn't real money.

Ridiculous, if money inside steam wallet isn't real money, you can't use it to buy games or digital items (skin, card, etc.).

The real problem is you can't withdraw your money inside steam wallet into bank and you don't plan to buy games/digital items on steam.

It's more "credit" than it is money. You can't transfer steam balances.
1788  Bitcoin / Press / Re: [2019-10-22] Bitcoin Sidechains To Send Altcoins Prices to ZERO? on: October 23, 2019, 10:18:04 AM
Sidechains have been around as a concept and advocated for for a long while now.

There is really no evidence that they will bloom into something major any time soon (even though I do think that it'll be done, just in the long term) that will replace the entirety of altcoin markets.

But it would certainly make a lot of sense to integrate decentralised services and whatnot directly on top of the bitcoin blockchain, as opposed to have an alternate chain to do the task. I just don't think that the markets are ready for this yet.
1789  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin SV vs ETH on: October 22, 2019, 09:43:03 PM
No. I don't think that any BTC fork is worth investing in at this point, firstly because the fact that they most likely aren't going to succeed in the long run since bitcoin core is still what the majority of bitcoin users know as "bitcoin".

Secondly, Bitcoin SV and BCC have already had their fair share of bull runs and I don't think that there is much more upside left based on their fundamentals.

I wouldn't say that ETH's upside is that high either, but its support at 0.02 BTC should hold up relatively well and there is very limited downside risk. Besides, ETH 2.0, if it goes successfully, can definitely spark another bull run.
1790  Alternate cryptocurrencies / Altcoin Discussion / Re: WHAT HAPPENED WHILE I WAS GONE? on: October 22, 2019, 09:17:02 PM
I have been gone for so long due to my hectic schedule at the university, but since I have graduated already and I have taken my board exam I am now back here! Finally.

I have noticed how altcoins I own before depreciate so bad. I even have two or more kind which up to now have no value. Is the market tthat bad already? I mean, I can actually read threads here but ofcourse getting direct feedbacks from all of you who stayed all through out the time I was not around would be very helpful. Please help me learn about the new environment of cryptos now. Thanks.

Bitcoin dominance climbed drastically in comparison to the market share of alts. Mostly probably due to the fact that institutional investors are less inclined to invest in alts as opposed to BTC which is more stable and established - and they are the driving forces behind the previous episode of bull runs.

Your strategy now honestly depends on what your entry point is.

I'd think that unless you bought at 2017 peak price levels, major alts like ETH and LTC will recover as a matter of time. But if you have bought worthless ICOs, then it's a different story.
1791  Economy / Exchanges / Re: Bittrex moving headquarters from Malta to Liechtenstein on: October 22, 2019, 07:34:15 PM
Very interesting news. Obviously Malta is known for their very lax regulations on crypto businesses which is a reason why a lot of exchanges have started to base themselves out of there in recent years.

It's not good news to see exchanges now trying to actively move out, especially not one the size and influence of Bittrex (even though they did decline quite a bit after they removed legacy accounts). It almost certainly have to be attributed to at least some sort of regulatory tightening in the country, or at least uncertainty.

I never knew that Liechtenstein was also a crypto safe-haven though. But as I said for a business to leave a country as pro-crypto as Malta, there has to be something major.
1792  Alternate cryptocurrencies / Speculation (Altcoins) / Re: who else think Litecoin will go huge? on: October 22, 2019, 06:54:12 PM
litecoin current price VS bitcoin is about 1 LTC = 0.0067 BTC


who else think litecoin will go up huge in the near future?

I don't see any reason for LTC to enter a state of FOMO any time soon, imho.

The 0.007 BTC barrier has been tested a week or so ago and wasn't able to be breached, which hinders the chances of a short term bullish breakout. There also isn't much fundamental to back up a potential bull run since segwit and halving in LTC is already over.

Personally, I think prices will consolidate, but will pick up once again as it approaches its next halving which is quite far away still.
1793  Economy / Service Discussion / Re: Bitskins alternatives? on: October 22, 2019, 07:25:01 AM

Opskins is the peer to peer system isn't it? I know they can't really hold skins anymore since they introduced express trade which was really pushing it since it basically replicated steam trading without the trade hold.

I believe they are in a more VGO and real life hypebeast based market now, they seem to be supplying a lot of skins for the new VGO gambling platforms, and they also are a pain in the ass with ID verification she other stuff so it might not be the best bet.

7.5 percent for skinbaron is still a shit ton and definitely not what I'll be comfortable paying...

Correct, so no need to deposit through their bots anymore. It somewhat a (gray/ legal) bypass.

They own WAX which hosts those VGO skins so the demand is still there for gambling.

Unfortunately there's no clear winner. Skinbay fees, Cs.deals low liquidity, Bitskins new ownership. The rest also fall inbetween those categories.

Would honestly make a lot of sense for a new competitor to enter the market. Skinbay I think could also be one of the frontrunners at consolidating market share based on my experience with them this time.

I honestly don't see OPSkins as an alternative. They are trading something completely virtual and unrelated to actual CSGO skins here. Who even is VGO issued by? OPSkins doesn't claim ownership yet they heavily endorse it.
1794  Alternate cryptocurrencies / Altcoin Discussion / Re: (Yes or NO) The 2020s belong to DEXs on: October 22, 2019, 06:17:44 AM
I personally don't believe that DEXs are going to necessarily bloom into widespread adoption all of a sudden.

The fact is that cross platform and fiat integration is still lacking despite the best attempts of DEX providers to create their own stablecoins or token representations of altcoins that are not on their platform. Thus, it's difficult for people to turn down very mature centralised technology and move to complete decentralisation in this field within just a year.

However, I do think that in the short run, they can generate some hype. Especially in the case of a potential broad based bull market in 2020.
1795  Alternate cryptocurrencies / Altcoin Discussion / Re: With this possibly upcoming crisis in mind... on: October 21, 2019, 07:57:14 PM
With this possibly upcoming crisis in mind, what you guys think about investing in stable coins standardised with fiats?
Is is even a thing, that they will sink like a stone, just like fiats will? Are there any mechanisms that can protect such stablecoins?
Or maybe, I have a misconception of the reasons for their existence and nobody is actually hoarding st.coins?

I honestly do not believe in stablecoins solely based on the fact that it adds another layer of centralisation to fiat.

Fiat itself is already created by a centralised entity, and its intrinsic value is zero or close to it. Yet, people seem to blindly trust in it and create stablecoins that reflect its value. Now, not only will you have to face the consequences of the value of fiat dropping, you'd also have to essentially trust that the stablecoin issuer is not doing anything shady in the form of fractional reserves, etc.

It's definitely not something I'd want to hold in times of economic despair, where bank runs and liquidity issues are widespread.
1796  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Mixing Bitcoin?? on: October 21, 2019, 11:11:15 AM
Please I may not be the only lame man here I've longing to know why People typically use bitcoin mixers to mask any previous "questionable" transactions from the bitcoin that they are likely cashing out in their real name. Now let me know about purpose of mixing bitcoins.

I'd suggest you do some research beforehand. Not all mixing is done to mask "questionable" transactions.

For instance, whales who wish to protect their own privacy may choose to use such mixer services. Or, people may be concerned that coins that they receive is tainted previously by someone completely unrelated to them. Mixing increases privacy, and thus increases the fungibility of BTC as a currency.

You could also try Dash/XMR/ZEC where they are anonymity centric, although the hype for these coins have died down drastically.
1797  Alternate cryptocurrencies / Altcoin Discussion / Re: WHEN ETHEREUM KEEPS DISAPPOINTING on: October 21, 2019, 10:56:35 AM
I honestly expected ETH to go up alongside BTC as well, based on how it performed in previous BTC bull markets.

But what I think most investors, including myself didn't take into factor is the fact that institutional investors are much more likely to invest in BTC due to the relative perceived stability that it carries, as well as having more liquidity, as opposed to the smaller market coins including ETH (which has a large market cap, but small relative to BTC).

And this bull run can be viewed as fueled mainly by institutional investors. Besides, the ICO hype dying down didn't help.
1798  Economy / Gambling discussion / Re: NBA 2018-2019 betting on: October 21, 2019, 10:27:27 AM
We have 2 games in the opening and the Clippers and the Lakers is the best match up that I like to see.
I wanna hear some comments regarding your opinion on the line,.

per my sportsbook, Lakers is -2.5 on the road since P. Beverley and PG are not playing.



My first lean here is the Lakers, but I will not finalize my bet yet, as usual I am doing it a day before or maybe near the game time as I want the latest update as my basis.


Can the lakers take advantage to that?

I like to think that way, because Lakers are playing with 2 superstar while the Clippers are only playing one star.
2 against 1, 2 will always win.

Clippers are the better team if health was a given.

Lakers simply have more central pieces right now available. James and AD are probably going to be both playing while PG13 is out, which would be a huge blow to any team he's on.

Championship prospect wise clippers are superior imo given their defence and consistency, but for opening night, I'm going with lakers.
1799  Economy / Exchanges / Re: Poloniex to Spin Out of Circle on: October 21, 2019, 09:40:07 AM
Didn't make sense the amount of hype that was put into circle's acquisition of poloniex in the first place. People somehow saw it as an opportunity for poloniex to really expand their horizons, when in reality they pretty much did nothing after the acquisition.

The damage had already been done with the incompetence of their support as well as the constantly pending withdrawals, etc. beforehand and never have really been fixed.

It's really a non-issue. Poloniex will most likely continue their current business model and not change anything drastic regardless of what happens to ownership.
1800  Economy / Service Discussion / Re: Bitskins alternatives? on: October 21, 2019, 09:08:02 AM
Used Skinbaron before as well. Their fee is a lot, like seriously. 15% is no joke, however, it works. Did not have any problems with them. BitSkins was the best way to go in terms of crypto skins, try to find someone on Reddit or use Skinbaron, I would hold off selling if possible though. With the Bitskins shutdown/reopening kind of thing, the people are acting fast to sell their items which lowered the overall price of them.

15% is a lot.

Bitskins tried to charge that much at faced essentially what is instant backlash from the community.

UPDATE: 3 skins sold on skinbay. They seem to have decent turnover/volume as far as I can see at this stage. The 3 that was sold were all of low monetary value though, and I'm still waiting for my knife and an AK-case hardened to sell.
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