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1961  Bitcoin / Bitcoin Discussion / Re: A month of WAR on: April 24, 2022, 06:22:13 PM
The war had affected the price of the bitcoin a lot,the value of the bitcoin was reduced from 65k dollars.After the huge period,the price of bitcoin was reduced below the 40k dollars.This is best time to inverse the money in bitcoin.With a short period of time,the price of bitcoin will increase back to 50k dollars.So hold your bitcoin or buy maximum amount of bitcoin now.
I don't believe that the war has much to do with cryptocurrencies, however, the market has been quite depressing the past two months due to the ongoing crisis. Since the stock market and cryptocurrencies do share some kind of correlation between them, it's expected that crypto won't thrive till the situation improves.
1962  Other / Archival / Re: MetaMask makes friends with Bitcoin on: April 24, 2022, 03:33:19 PM
I've used Metamask for over a year now without any major issues, except once, that I almost got scammed due to a phising attempt, but that's purely my fault. Anyway, I'm still storing a decent amount of funds, some of which are invested in DeFi projects, however, despite it being convenient, I wouldn't use one wallet to store all my assets. Thus, I'd refrain from storing Bitcoin there as well, and stick to traditional methods, such as the Electrum wallet, which has proven its worthiness throughout the years.
1963  Bitcoin / Bitcoin Discussion / Re: Is there a good way to privately buy Bitcoin? on: April 24, 2022, 12:34:18 PM
Usually, P2P transactions are a great way to buy Bitcoin, and you would be able to conserve your privacy with it because it will only be the person you are transacting with knowing your identity. But the problem with this is that if you are going to check posts online, there's no proof that you can trust the person or something. It's going to be a challenge. The best way to avoid that is to use exchanges with outstanding P2P transactions etc.

I think of buying crypto as two sides of a coin
  • P2P - Fewer fees but can be a hassle
  • Buy from exchanges - higher fees, KYC but less hassle

That's just how it will be if you were to consider the two. Would it be worth it to pay a couple more dollars towards having it readily available in your wallet or wait for someone to agree with your price and have a risk of scam (if you don't know how to correctly transact)
P2P trading is too much of a hassle to me, that's why I refrain from using such platforms. Nowadays, it's way too simple to use exchanges, I don't mind providing my personal information in exchange. However, I had traded with a few members in the past, on another forum though, quite a few years ago, because I was underage and couldn't sign up to an exchange. Thus, since I'm perfectly allowed to purchase now through a trusted platform, the hassle of P2P trading isn't for me, despite it being more private.
1964  Other / Politics & Society / Re: How long Putin can continue this nonsense war?! on: April 24, 2022, 09:17:01 AM
Russian forces on Saturday launched deadly missile strikes on targets in Odesa, hitting a residential neighborhood and inflicting the kind of civilian carnage the Black Sea port city had so far avoided in two months of fighting, Ukrainian officials said. At least six people were killed and another 18 wounded when two cruise missiles struck the residential area in the city’s west, and officials warned the toll would likely climb given the extent of the damage.  Cry
It's been two whole months now, I expect things to worsen after the fall of Mariupol. Odesa is next, and is in a vital location due to its port, conquering it would block Ukraine's access to the sea. Putin didn't capture Ukraine in a few days, like he expected, but he is steadily gaining ground in the region of Donbas, while his military advances are certainly going towards Odesa and Kharkiv, two major Ukrainian cities.
1965  Bitcoin / Bitcoin Discussion / Re: Is there a good way to privately buy Bitcoin? on: April 24, 2022, 07:42:18 AM
With the rise of tracking of Bitcoin transactions by Coinalysis and stuff, keeping your Bitcoin pseudonymous seems harder these days. I normally buy through Coinbase Pro, but I was wondering if there is an easy way to buy Bitcoin privately, and without getting charged a premium? Only things I know of are Bitcoin ATMs and localbitcoins but pretty sure ATMs have a high fee and I don't want to have to go find an ATM everytime I want to buy anyway, and localbitcoins tend to sell at a large premium as well.

So is there anything like a decentralized exchange for Bitcoin where you can get current market price and exchange stablecoins with Bitcoin with other people? Or any other good buying option that preserves privacy?


Of course there are many ways to do so.

Check out peer 2 peer exchanges, or even sites like reddit where they exchange privately without asking for ID.


Is there a subreddit for P2P transactions on Reddit? I remember one in the past, but wasn't sure if it's still active. I searched but couldn't find anything. Even if there is, I'd advise anyone to avoid such deals, since it could easily turn into a scam. The recommended P2P exchanges and Bisq that have been mentioned in this thread suffice.

PS. Found it, https://www.reddit.com/r/BitMarket/ I don't know how you could possibly trust a complete stranger, I don't know if escrow or something is provided, but I'd avoid it if I were you.
1966  Bitcoin / Bitcoin Discussion / Re: Why is it bad to leave crypto on exchanges? on: April 23, 2022, 11:55:22 PM
As someone who had stored funds in exchanges for quite a while, I'd advise you not to do it, despite not having any negative experiences myself. In 2017, I had abandoned a decent sum of money on Bitstamp and on an online wallet (BitGo), I recently recovered the accounts with no issues (back in early 2020 or late 2019, not sure), and my money was intact. However, as previous posters commented, it's a practice which is advised against, due to some hack incidents.

Personally, I believe it's fine to have money in exchanges, providing that you're actually using them for something (such as trading), don't leave them unattended without any specific reason, they're not a banking service.
1967  Economy / Economics / Re: Inflation and investment on: April 23, 2022, 10:31:13 PM
  • Will you continue to invest even if it is only 10%-20% of your total monthly income?
  • How do you achieve financial stability during this inflation?
I tried to give an answer about your question, but this is actually based on my perspective.

  • Of course if in fact we are completely safe to do so, especially if we really feel that it is financially good and not annoying. 10% of your total monthly income on a regular basis might be a good thing to consider, but getting to 50% is very difficult.
  • Having an additional source of income, may be able to help financially. But to achieve financial stability it really depends on each of us. But if you have assets in your current portfolio, then keep them because it will help you in the long run (especially if the assets are potential).



With the high inflation that we are all currently experiencing right now, even 10%-20% from our monthly salary is still hard to save for most of us, but good thing that you are able to do it. Just keep on saving and when you have enough capital, start to invest it to some high potential investments most particularly bitcoin because that is for now, the most profitable investment in the crypto space and may soon to bring you into financial stability if you can handle the risk in managing bitcoin investment well.
The inflation, the increased fueling and electricity costs and generally the living costs have skyrocketed, rendering saving or investing almost impossible. The past few months have been unbearable, March was the first month in years, that I've spent more than the whole salary. I used to save a decent amount of money in the past, but I guess not anymore.

The government has now imposed an 8% increase in salary, we'll see how that plays out, not big of a deal to be honest.
1968  Other / Politics & Society / Re: Support Rusia! No with comedians president! on: April 23, 2022, 08:26:35 PM
How can someone be so stupid and ignorant? Are you claiming that this video is proving that Ukraine is forging deaths? Are you that dumb or something? How about the destroyed cities? Is that acting too, or is it a man made scenery? You, conspiracy theorists will try everything, in order to think they are the chosen smart ones, who know everything, till you prove them wrong and insult you.

This video has been played a thousand of times, it was even used by other conspiracy theorists, in order to "prove" that Covid-19 deaths were forged, during the first wave of the pandemic, in Italy. Now, it's been used again, in Ukraine - Russian war.

If you were even capable of doing some background check on what you post and believe, you'd find that this video is actually taken from scenes of a song video clip in Moscow, named Hикoгдa-нибyдь, by the Russian singer/musician Xacки.

It has nothing to do with war, get your facts straight before posting such BS.

Source: https://www.ellinikahoaxes.gr/2022/03/20/video-depicts-staged-deaths-of-ukrainians-from-russian-invasion-misinformation/
Use Google Translate if you wish, you'll find your answers, you won't believe any of them, but that's your problem.
1969  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: April 23, 2022, 07:03:12 PM
It's been 2 months since the Russian invasion, despite Ukraine's resistance, war maps show that Putin is actually gaining ground, especially after the fall of Mariupol, and the military advances in the Donbas region, while they are extremely close to Kharkiv. On top of that, Odesa is certainly their next target, since its prime location, which would block Ukraine's access to the sea.

Certainly, Putin didn't win the war within a few days, just like he expected, however, things have taken a turn for the worse, mourning thousands of casualties.
1970  Bitcoin / Bitcoin Discussion / Re: Is there a good way to privately buy Bitcoin? on: April 23, 2022, 02:33:43 PM
I've seen a few atms as well, mostly abroad, which do not ask for KYC, in Poland specifically, those we have in Greece however, do require you, at least that's what I've heard. Anyway, Bisq is a great alternative, it's a decentralised exchange, not a P2P one, I'd prefer the first one honestly.

Two more alternatives would be AgoraDesk and Localcryptos, the latter was recommended to me by another poster here, on a thread I made a few days ago. You could also trade through here, if you find a trusted member.
1971  Economy / Economics / Re: Passive income : Bank interest vs staking on: April 23, 2022, 12:50:42 PM
With APY no more than 10% per year then I think there is no interesting thing about Banks, it's better to invest in Crypto then we use it for staking, although binance gives APY 6% but we hope that a fantastic price increase is more important than the APY staking We get it.
A few weeks ago, I put a decent sum of money on UST-BUSD, it had 30-40% APY back then, now it has fallen to 5-10% and I'll possibly switch to another vault. However, Beefy now has a BUSD vault on Binance Smart Chain, featuring 13.39% (or 0.0319% daily), it was around 35% a few days ago, but it seems to have lowered now.

There are plenty of other options as well, if you check other networks too.
1972  Economy / Economics / Re: Passive income : Bank interest vs staking on: April 23, 2022, 09:21:52 AM
I have money allocated both in staking and in bank deposit, I'm not using the latter to take advantage of the interest, it's no use. Funds are certainly assured in a bank, however, if you're careful enough, staking stablecoins  is just as safe, while achieving a far greater yield, 10-20% in the worst case scenario. Deposits on the other hand, will yield less than 1-2% on a yearly basis. The reason I'm using them is solely for convenience and to receive salary.
1973  Bitcoin / Bitcoin Discussion / Re: Blockchain.com Wallet KYC on: April 22, 2022, 08:20:30 PM
I'd appreciate if someone could answer if they also offered it in the past, since I've only used their wallet.
Click here to see the oldest version of their exchange page I could find. It has been taken on December 21, 2019.

Edit:
They launched their exchange in July 2019. Click here to see the reference.
Great job, I never remembered providing such a service, the past few months I've been bombarded by emails. I don't see any reason to use their services anymore, they've completely changed their business plan. On top of that, I don't like their trading fee policy, the maker (the person who places the order) is charged 0.20% and the taker (the one who accepts your order), is charged 0.40%. Most exchanges, such as Binance don't charge that much, while their interface isn't the best I've seen (compared to those I've used, Binanxey, Bitstamp and Kraken).
1974  Bitcoin / Bitcoin Discussion / Re: Blockchain.com Wallet KYC on: April 22, 2022, 06:52:10 PM
how can someone block your wallet if you actually have your keys, can't you import them into Electrum for instance?
Yes, You can import your seed phrase into any other wallet supporting BIP39 seed phrase and access your fund.
I have read many reports regarding blocking accounts on blockchain.com. But they all are related to their trading account and they have nothing to do with blockchain.com wallet.
I see, I wouldn't use their trading platform either, there are much better options, safer, more established and trusted ones. There are so many exchanges nowadays, that I can't find a single reason to use their service, to be honest, I didn't even know that they operated as an exchange. I'd appreciate if someone could answer if they also offered it in the past, since I've only used their wallet.
1975  Bitcoin / Bitcoin Discussion / Re: When and how did you discover Bitcoin? on: April 22, 2022, 05:05:49 PM
A lot of people mention PTC sites, and various of scams that had popped up during that era. I'd also like to add, possibly one of the first experiences with cryptocurrencies, a cloud mining Ponzi, named Coinintellect, if I'm not mistaken. It supposedly a free plan, but required you to upgrade after one or two payouts.

I actually received both payments, the second one was almost lost, because they went bankrupt, so instead of BTC or PayPal payment, they paid via Dogecoin. The payout was valued a mere $5 payment, which back then, was 30.000 Doge. Stupid me sold them, I'd have a decent amount of money if I hadn't.
1976  Bitcoin / Bitcoin Discussion / Re: Blockchain.com Wallet KYC on: April 22, 2022, 04:11:02 PM
I suggest you read the reviews on this page. People there are discussing the topic of verification on the blockchain.com site.
That's interesting, I never faced any issues with Blockchain.com, but that belongs to the past, since a lot of things have changed since then. Although, we can't be 100% sure about the legitimacy of these reviews, let me elaborate. Blockchain.com does provide you with your private keys and the seed phrase, at least they used in the past, how can someone block your wallet if you actually have your keys, can't you import them into Electrum for instance?
1977  Other / Politics & Society / Re: Quarantine measures in China, Shanghai on: April 21, 2022, 08:04:05 PM

What are your thoughts regarding this matter?

Well, not sure if a 0 case policy is something that can be maintained at all, lockdown or not. The bigger issue is it's causing issues in the Chinese economic system as well as social structure. People have been locked in their homes, distributed little amounts of food, and children being taken from their families (because they are infected) and taken to lengthy hospital stays. Some of those things are changing, but this is a completely ridiculous, however, expected behavior by the Chinese government. The common people are struggling since the pandemic started and this seems to be the last nail in some of their caskets.
Well, it did work up until the Delta variant, China had very few cases till the Omicron variant appeared. It was kind of expected, since after so many mutations, the virus becomes more contagious, but less deadly at the same time, thus, it was bound to happen sooner or later. I don't get all this fuss about China's government policy of zero cases, eventually, we'll have to live with the virus, it's not that big of a deal.
1978  Other / Politics & Society / Re: Quarantine measures in China, Shanghai on: April 20, 2022, 11:03:06 PM
When the pandemic started, China wasn't that paranoid about new infections, what changed now?

They locked down Wuhan early on. Foreign travel was severely restricted. I don't think anything really changed, they always had the intent to contain it completely.

New mutation or not, it's not sensible to have such strict measures, when the rest of the Western world is easing measures.

I can't argue that it's sensible - most of the actions of the Chinese government don't make sense to me, and starving their citizens is definitely one of those things.

But the immunity levels are most likely very different between China and the West where almost everyone had some strain of COVID.
Certainly, they did have strict policies since the beginning, but I don't recall seeing such action taken against their citizens. They've literally locked them up, with no access to anywhere, while the government is distributing food that to me, doesn't look enough for a household.
In early 2020, Chinese citizens were locked inside their apartments, and people starved to death. The "lockdowns" employed by the West was something exported from China. Prior to covid, "lockdowns" were not considered to be something health officials considered to prevent the spread of contagious viruses.
Quote
Certainly, they didn't have as many infections as Europe and USA, but it looks incredibly cruel to see such practices.
China did not report having as many infections as Western countries did. The Chinese government also lies. I draw different conclusions than you.
China was the first country to come up with lockdown measures, however, I don't recall them being so harsh. This situation has gone out of control, the measures weren't so absurdly strict, they're dragging people out of their homes and euthanizing pets, that's ridiculous.

Certainly, it was the first country to lie about Covid-19, if it wasn't for their cover-up during the early stages of the pandemic, we would have avoided many deaths in Italy and other European countries, who were severely affected.
1979  Bitcoin / Bitcoin Discussion / Re: Blockchain.com Wallet KYC on: April 17, 2022, 09:12:44 PM
I used to keep my money in the Blockchain wallet, and I was okay with it. I had my pass phrase, password, 2FA. Then there was a time when I wanted to access my wallet, but the code from Blockchain just didn't arrive to my phone, and the email confirmation didn't arrive either. It was a technical issue, of course, and everything arrived the next day, but that's when I decided to move to Electrum, at least. I'm glad I did that, given how Blockchain is starting to involve KYC, reporting taxes and stuff. But as for the safety of storing money on Blockchain, I do believe they don't have access to passphrases and that technically the coins do belong to customers. Still, though, why risk it if there are good alternatives.
If I'm not mistaken, as you've also mentioned, Blockchain.com does provide you with your seed phrase and private key. Although, I've also faced similar issues with what you've claimed. Not on the same platform, it was BitGo, was my fault though and not the service's.

I had lost access to my 2FA device, resetting it requires 48 hours, for security purposes of course. As a result, I lost a great trading opportunity, and that's one of the reasons I turned to Electrum, even though it was purely my fault.
1980  Other / Politics & Society / Re: Quarantine measures in China, Shanghai on: April 17, 2022, 06:48:12 PM
When the pandemic started, China wasn't that paranoid about new infections, what changed now?

They locked down Wuhan early on. Foreign travel was severely restricted. I don't think anything really changed, they always had the intent to contain it completely.

New mutation or not, it's not sensible to have such strict measures, when the rest of the Western world is easing measures.

I can't argue that it's sensible - most of the actions of the Chinese government don't make sense to me, and starving their citizens is definitely one of those things.

But the immunity levels are most likely very different between China and the West where almost everyone had some strain of COVID.
Certainly, they did have strict policies since the beginning, but I don't recall seeing such action taken against their citizens. They've literally locked them up, with no access to anywhere, while the government is distributing food that to me, doesn't look enough for a household.

Certainly, they didn't have as many infections as Europe and USA, but it looks incredibly cruel to see such practices.
Well countries surrounding China should be happy they are adopting the zero  tolerance because if not, covid of any variant could spread once again. The Chinese are confident that way though, they are more cooperative to their government than trying to impress their neighbors that they can fight back the police or so. It may look like concentration camp but its for the best. People just have to follow what authorities are doing for it to be over.
Countries surrounding China will be happy for the Chinese government adopting zero-tolerance cause no one wants the previous spread of the virus that happened in Wuhan to repeat again but there's always a way to do something which all the country's citizens will obey the government order rather than locking people inside their homes and forcing them to take a daily test.
A new mutation could possibly be more transmitting, but it certainly won't be as deadly, no point in taking such measures. If this situation continues, we'll face serious logistic and supply chain issues. There aren't any advantages with this policy.
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