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1941  Other / Meta / Re: Is a user able to Trust/Distrust even when they are banned? on: August 07, 2022, 09:46:50 AM
I agree with you that it's a good thing to give even banned members a chance to delete posted trust feedback. But I seriously doubt that people that get banned would care about things like that.
The case of naim07 likely is the first one I have ever known about a banned user still cares about trust list / trust feedback. It means something or does not mean anything, depends on what you see as I see if this point is considered as a plus point to unban one account, it will be compromised easily.

Quote
Do we have any stats how many banned members did such trust changes? A percentage maybe? It's probably a difficult thing to find but I know we have many stats enthusiasts here.
I believe it would be very few cases, so it would be better to count number of such cases rather than calculate the percentage.

Quote
LoyceV?
I only see LoyceV has data for trust list, not for trust feedback.
1942  Economy / Trading Discussion / Re: Do I need a VPN to short trade in the UK ? UK FCA crypto confusion on: August 07, 2022, 09:41:10 AM
If you want to use a platform and you can not because of IP, geographical restrictions, you should not choose VPN.

Many reasons why you should not do that:
  • Policy on VPN can be changed. You don't know when it happens.
  • Your account can be temporarily locked because of geographical changes and you will have to do some steps to unlock it. That is annoying but it is also a reminder that n worst case, you will lose your account

Personally, I will find alternative platforms rather than using VPN.
1943  Bitcoin / Bitcoin Discussion / Re: Bitcoin : A digital currency or a computer program? on: August 07, 2022, 09:28:02 AM
Does anyone think Bitcoin first as a digital currency or a computer program?
This topic confirms a fact that Bitcoin has yet reached to a massive adoption globally. When people use Bitcoin without a question what is it and big reason for profit hunting as their main reason to buy Bitcoin, it will reach to a massive global adoption.

Think of the Internet, online payment applications ie. Nowadays, we are using them very naturally without questions like what is it, a program, a software, an application and even don't mind about history behind it.

Of course I don't say learning basics of Bitcoin is bad if you are a Bitcoiner.

1944  Other / Off-topic / Re: Facebook meta discussion on: August 07, 2022, 09:17:44 AM
The biggest problem with Meta is centralization. Too much power in hands of Mark and too many decisions can be made by Mark. In technology, things change very fast and just a short period of wrong decision-making can put a corporation in negative growth time.

If Metaverse is a future (assume so), Mark has made great decisions and initiatives for Facebook. It's not only about name changing but also the restructure of resources for development. Though, in theory it is a good decision (with assumption that Metaverse is a future), to succeed it requires many factors that we can not judge now. At least Meta is one of leaders in Metaverse and it gives them great advantage.
1945  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Ripple deposit never received on: August 07, 2022, 04:51:03 AM
I have experienced this before, it was on another exchange to another exchange, but very similar issue. You did no mistake, contact Binance customer support. You coin is with Binance.
If a transaction is confirmed, on chain, it should be in an address inside the wallet the user sent it to. Contact support to resolve it is the first thing to do.

Quote
I contacted the exchange I wanted to the receive ripple and they told me the problem would be resolved and it was resolved after 2 days or 3 days. But it did not favour me as ripple falled in price massively during the time. It was the time SEC filed suit against ripple when some exchanges even dilised it.
Good lesson. I experienced it in the past too and I learned that we should not move our coins when a network is congested or has something big to come (fork, snapshot, etc.). It can cause higher demand than usual then network can be overloaded, and transactions in and out of exchanges will take more time to be credited to your account. If you don't want to have headache, don't move your coin in such time.
1946  Other / Beginners & Help / Re: Concern over market fluctuations affecting a 5year bitcoin investment plan. on: August 07, 2022, 02:44:01 AM
I intend to commit a fixed amount of my income to acquire a fraction of bitcoin (no matter the rate at the time), for keeps over a 5year duration, without withdrawing or making a trade with it. I.e
To do this, you must control yourself and your coin very well.
  • To control yourself: you should put your coins in places that can not give you instant trading orders. Such as a non custodial wallet, then if you want to trade, you must make a deposit transaction to an exchange, wait for 1 to 3 confirmations before you can be allowed to trade it.
  • To control your coins: you should use non custodial wallet.
  • Two factors interact with each other

Quote
I will buy a certain amount of bitcoin every new month and leave it there until 5 years elapse.
You are doing Dollar Cost Averaging (DCA)

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I am a bit concerned, however, that the market fluctuations which lead to what makes up the bear and bull seasons may affect the projected yield I have estimated over this stipulated period.
When you DCA, you don't mind much about price fluctuations or big changes in short term. If you have a right mind to start with DCA, you wouldn't have this question.

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What are some steps I need to take, to ensure I protect my investment from possible loss over this 5year duration?
Historically, just historically, not futuristic, if  you hodl your Bitcoin more than 4 years and 7 months (see the hodl line), you don't get loss.
1947  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Ripple deposit never received on: August 06, 2022, 02:47:43 PM
Have you ever withdrawn your XRP from Kraken to Binance?

Basically, you should make a test withdrawal/ deposit first to check its operation and accuracy.

In addition, make sure you check in correct tab (Spot/ Funding). Even they are the same address, but if you choose to deposit directly to Spot but later check it in Funding, you won't see your XRP. But even so, you should receive an email notification for your successful deposit.
1948  Economy / Lending / Re: [W] $1000 loan in USDT. Repayment $1100. 1 month on: August 06, 2022, 12:56:55 PM
I need a loan
  • $1,000 USDT
  • Period: 1 month
  • Repayment amount: $1,100
  • Receiving address (USDT on TRC-20): Will send in DM

Who can make this deal, please leave your message here first, then we will make agreement and execute it after that.

Thanks.
GIVE ME YOUR WALLET ID
I sent you a DM with my receiving address. Thanks
I have sent usdt 1000$ to the wallet address which you have sent to me via pm. Please repay on time as you have told. Thank you.
Received. Thank you.

I lock the thread for now.
1949  Other / Beginners & Help / Re: Taking profits vs holding long term? on: August 06, 2022, 11:41:21 AM
Just wondering what everyone else does? Do you take profits along the way and if so at what point? Or do you just invest to hold long term?
From my experience, the best is taking profit to retrieve your initial capital back.

Then, if you still believe in what you are holding, you can keep holding it and wait for higher price. Fortunately, with this approach, even if the worst happens, you will not lose any cent of your initial capital. With good scenario, you can have x5, x10 in profit.
1950  Economy / Lending / Re: [W] $1000 loan in USDT. Repayment $1100. 1 month on: August 06, 2022, 10:01:36 AM
I need a loan
  • $1,000 USDT
  • Period: 1 month
  • Repayment amount: $1,100
  • Receiving address (USDT on TRC-20): Will send in DM

Who can make this deal, please leave your message here first, then we will make agreement and execute it after that.

Thanks.
GIVE ME YOUR WALLET ID
I sent you a DM with my receiving address. Thanks
1951  Economy / Lending / [W] $1000 loan in USDT. Repayment $1100. 1 month on: August 06, 2022, 09:47:25 AM
I need a loan
  • $1,000 USDT
  • Period: 1 month
  • Repayment amount: $1,100
  • Receiving address (USDT on TRC-20): Will send in DM

Who can make this deal, please leave your message here first, then we will make agreement and execute it after that.

Thanks.
1952  Economy / Reputation / Re: JollyGood Crossed his line. on: August 06, 2022, 02:04:07 AM
Move on Royse  Smiley

If I am right, one user can leave 3 feedbacks to another user. It's the limit.

In addition, if 3 feedbacks are for a same issue, it does not make sense but it is not a serious issue. I still think it is better to leave only one feedback for one issue. If you leave a feedback on one user, later you change your mind, you can simply delete the past feedback and create a new one. Duplicate feedback is unnecessary but at least it does not break any forum rule.

Move on and keep your mind fresh.  Smiley
1953  Other / Beginners & Help / Re: Error Analysis in Bitcointalk Forum on: August 06, 2022, 01:44:57 AM
They can avoid many of mistakes (errors) if they know importance of forum rules and sticky threads then spend their time to read.

1954  Other / Meta / Re: How to post from drafts ? on: August 06, 2022, 01:34:17 AM
I don't think there's a way to post drafts directly from the drafts page.
The forum does not provide it but with a user script, you can because

Code:
[quote author=jackg link=topic=5408849.msg60697192#msg60697192 date=1659727070]
I don't think there's a way to post drafts directly from the drafts page.

There are probably a few reasons I can think of for this but I'm not sure if there's anything else: 1. To discourage spam/posting the same post multiple times 2. To encourage writing the start of topics this way but not actual responses (and you might end up posting a response that is similar to one that has been posted before or that's out of context of the new discussion).
[/quote]
Example

When I am trying to make this example, I discover that if I click on Preview multiple times, there will be different drafts even the content is the same.
1955  Economy / Lending / Re: [W] $500 loan in USDT. Repayment $540. 1 month on: August 05, 2022, 06:19:08 PM
Repayment was sent.

Please check it  Smiley
1956  Alternate cryptocurrencies / Altcoin Discussion / Re: Confused wallet user on: August 05, 2022, 12:19:22 PM
I am confused right now,  I did some research on the solana hack I I came to understand that slope wallet is the main issue, my question is why are wallets backing up users recovery phrases in a log file? Yeah it got compromised somehow that's how hackers get those files but why in the first place is wallet doing this? Are other wallets like this?...
I don't follow this accident on Solana but "why are wallets backing up users recovery phrases in a log file" means you don't own keys of your wallet.

The wallet has a backup (recovery phrase) of your wallet and it is terrible. It means at least two entities own wallet keys: you and that wallet company. Do you think they won't do scam exit and steal all your money?

A good wallet to use is a non custodial wallet:
  • You are the only entity to own your wallet key.
  • That wallet software does not own your wallet key in any format (log file, wallet file etc.)
  • Even with non custodial wallet, to increase your safety, you should turn off Internet connection before creating a wallet.
1957  Other / Beginners & Help / Re: Self-custody isn’t for everyone: WisdomTree exec on ‘be your own bank’ on: August 05, 2022, 11:47:49 AM
So there's a news on a website, the news writer doesn't even know how to correctly write down "Celsius", the central point of the news is a guy working for a centralized (ETF) platform, most likely it's paid news
Cointelegraph has its quality decreases in the last 4 years. Since the 2017 bull run, I see their articles have lower and lower quality. I stopped reading news from Cointelegraph long time ago and later almost stopped reading news too.

In reality, people don't have to read news daily or too often. Reading news bring negative effects on their psychology and they can abandon their initial plan after reading a bad news. A true investors just buy and hold - after making due diligent research on Bitcoin. That is enough.

If we look back, people don't have to read news to get profit from 2017 to 2022. I don't want to say farther in the past, just starting from 2017. If people read news in 2017 before the hardfork, they should sell all their Bitcoin around $3,000 or $4,000 and would have missed the 2017 ATH.
1958  Economy / Lending / Re: [Seeking] 10 mBTC on: August 05, 2022, 03:38:00 AM
Repayment inbound

Edit: transaction successfully broadcasted, thank you.
Received full loan repayment. Thank you.
1959  Other / Beginners & Help / Re: Cryptocurrency Regulations on: August 02, 2022, 11:50:05 AM
Bitcoin can work just fine without being regulated. Don't get tricked into believing your government that you need them to show you how to do things safely. They couldn't care less about your safety or if you get scammed. The goal of their regulations is to have you pay taxes and have a harder time to cash out your crypto earnings and hiding it from them.
Regulations are not bad as they are helpful as preventive solutions for newbies to avoid or at least reduce risk of scam exposure and being scammed.

However, I agree with you that having more regulations (better regulations) does not mean we should again trust governments and put our money into their finance system from either fiat currencies to CBDCs. They are completely centralized and unsafe.

Let they regulate Bitcoin and cryptocurrency industry, exclusively crypto market but don't store your Bitcoin on any centralized platforms. No matter whether those platforms are controlled or regulated by governments.

"Not your keys, not your coins" means let's use non custodial wallets.
1960  Economy / Trading Discussion / Re: Don't sit on your hands on: August 02, 2022, 10:35:29 AM
What a lot of "investors" that likes to get in and out of positions do wrong: being 100% out or 100% invested.

Being 100% in/out of bitcoin means you're super convinced that your decision would go well with high guarantees; whereas if you're thinking clearly with little to no bias, you shouldn't be THAT convinced to be 100% in/out.
They spend 100% of money in and after a while (usually a few months), they will have to sell to get a bit of money back for expenses. So if they have to do this in bear market, even at bottom of bear market, it means they will have to sell $10000 initial money to get $5000 or $1000 because of bear market effects.

Crypto market is volatile, more than usual and more risky than usual so let's prepare a bit of reserved money for expenses. Don't get in 100% in either bull or bear market because you won't control how your job will be in next few months as well as how the market will be in near or far future.
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