The final members have been added to the sheet, we are now full
Any reason why I wasn't added? Im pretty confident that im much better than some of the people that applied after me and got accepted. |
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Btctalk name : thejaytiesto
Rank : Legendary
Current post count : 4039 (including this one)
BTC Address : 1QLLjfZBBjUuNCCe3syDDmZNULmNGFaRpC
Wear appropriate signature : Yes
Wear avatar : Yes
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Binance is the perfect exchange for what you're looking for, it offers both anonymity and a high volume. Besides Binance there is Cryptopia, which also has a lot of different coins listed and doesn't need verification, the only downside is it's volume.
Binance is the perfect exchange for what you're looking for, just scratch that out. There is a compulsory verification at Binance before you are allowed to make a withdrawal. But you can trade without making the verification at the beginning of opening an account with Binance. The verification is done on the Binance site on PC or on a laptop, not phone. Well... what's the point there? You register without any verifications, do your trades, then what? you are just holding the coins there because when you try to withdraw you are fucked without the verifications. And once again, nobody here is being clear of what data they ask for. What data is Binance asking for to withdraw the coins specifically as of today? |
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I saw these news recently: https://www.cryptopia.co.nz/NewsThis shouldn't be relevant for altcoin traders, so it's safe for now ("safe" as in, as safe as a crypto exchange can be) I just want an exchange that will list the more obscure coins and will not ruin the experience demanding endless KYC and other stuff guaranteeing that your private info gets stolen and sold out there. I like cryptopia because it has good volume on pretty rare coins. The interface is kinda shit but it does the job. What other exchange with more obscure coins and decent volume do you know? The ones I know and use: -cryptopia -Livecoin -yobit You can find coins there before anyone else adds them, and you will not need to take a selfie and upload your ID and other nonsense in order to trade against other cryptos. |
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It's still listed on all these exchanges. Can't believe they haven't deleted it. I guess they left it to allow people to dump and get whatever they want out of it before it goes to 0.
what is there not to believe, exchanges don't care about these things. all they see is the volume which is in turn giving them profit as people trade there! and as long as pumpers are out there pumping shitcoins, coins like bitconnect will stay alive! sometimes i feel like people don't care either! they also love the pumps and don't care even if the coin is pure scam. But if you think about it, it's really a double edged sword delisting the token even if it's a scam. Sure, you risk pump and dumpers pumping it and keeping it somehow alive to trick further noobs into buying it, but by delisting it, you wouldn't give the opportunity to people to dump and cut their loses before it hits 0 and you get 0 out of it. It's still $8 bucks, better than nothing. So it's difficult to know if this is just exchanges don't giving a fuck and just racking up fees or letting people exit the scam and not just out of nowhere cut all markets leaving people with useless unsellable bags. On the other end there's always someone else buying it tho... so yes, maybe the best thing to do would be to delist it everywhere and leave the people that took the risk by buying into a ponzi scheme with a bag full of nothing. It's an inherent risk if you buy into shitcoins. |
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This is some comedy material right there:  After the fatal crash (prior pump by youtube kids shilling the scam to no end) it is up %45 again. Why would anyone buy this shit at this point? this is insane. Maybe people forgot about it and a lot of buy orders got triggered and they don't even know it? this is weird. https://coinmarketcap.com/currencies/bitconnect/#marketsIt's still listed on all these exchanges. Can't believe they haven't deleted it. I guess they left it to allow people to dump and get whatever they want out of it before it goes to 0. |
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I was meant to happen. Too many scams are ruining the possibility of advertisement for legit projects too. Not ALL ICOs are scams, most are, but the few that aren't will once again have more difficulties trying to advertise, and Facebook used to be a good source of traffic. They are also banning a lot of advertisement of webpages, apps and so on.
Zuckerberg said they would look at cryptos in 2018 so I wonder what that means, he acknowledged the importance but didn't made any specific remarks.
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You have to look at the fundamentals of the project:
1) What problems are the project trying to solve
2) How are they going to solve them
3) Actual, tangible evidence (aka code) that the project actually works
4) Smart people auditing it to consider the game theory as viable
5) Who is founding the project
6) Are the problems the project is trying to solve even real problems
For example. If most of these don't check, then you are most likely investing in a scam whose only purpose is to steal BTC away from noob's pockets.
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Although I know that residents of USA are restricted from participating in ICO's, I was wondering what exactly would happen if a USA resident does indeed go around it and still put their money into one. Would the SEC take the money, or what kind of consequences are there?
Well, you can always bypass limitations with VPN or any proxy of sorts*, but if the ICO requires identification to confirm that you aren't using a proxy to bypass a supposed IP block on the website, they will still see that you aren't an US citizen. So the next step would be to use a fake ID... which is ridiculous. Why would you want to get into so much trouble to get in some ICO. Just stay legal. Find any other ICO's that aren't hosted in the USA. I think most will stop happening in the USA because ultimately what the ICO guys want is the entire planet being able to participate in order to get as much money as possible. But with less restrictions comes easier ways for scammers to scam, so do due dilligence and you should be ok. *Even if you used a VPN, once you want to cash out, you would need to explain where these gains came from, so they would see that you are an US citizen that bypassed a law with an VPN... this could lead to problems. If it's not an huge amount I guess you can get away with it tho. |
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https://www.ccn.com/bitcoin-cash-is-the-original-blockchain-claims-nist-report/Why would an US Government agency claim that BCH is Bitcoin? what do they gain with this? This pretty much confirms that BCH is US Government's attempt to hardfork Bitcoin, otherwise why would they even bother with such a research? what a joke, it's so obvious now. The Gavin CIAndressen conspiracy was true after all.
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I have read some posts and comments by senior members related on how the futures on Bitcoin are controlling the whole crypto-currencies market. Do you understand the effects? What your view?
Futures somehow contributed to the reason why bitcoim had a dip recently but those senior members are wrong when they said that it controls the whole cryptocurrency market. No one can gain total control ever crypto, even fat boys from wall street or even bill gates can't no matter how much money they spend. If they really did spend money in order to do that, crypto will only be controlled temporarily. I think people are overrating the impact of the futures market in the actual bitcoin price. They are not trading the underlying, one some promises, this doesn't matter in bitcoin. The pump we saw was due idiots FOMOing, and the dump we saw was due idiots panic selling. Idiots: people that see Bitcoin on the news but don't have any deeper thoughts about it and why it matters. I believe the market is at least 50% idiots at any rate, and these were the ones that pumped the price to the last peak and these are the ones that got shaken out in the last bottom. If the price holds, I believe we may start going for an all time high in the next month again, this time, having shed all the previous idiots that are here to make some bucks but aren't here for the long term as they have no idea what they are buying. You are right when you say that most of people that deal with bitcoin are not so deep into it, and knows nothing about it. But i think that has good sides too. Because if not for them price would not fluctuate so much, and we could not earn money from that fluctuation. I do not say that i would like to see price of bitcoin fluctuate forever, it would be even better if it stayed in one place (or not fluctuate so much) and we could start using bitcoin as an currency as its suppose to be used. In time people will see their mistakes, and everything will come to its place. Until than we can continue to make some small earnings from difference in price. Fluctuations would happen no matter what, it just takes a single whale to decide to enter a position to pump the price or dump it, but yes, without all the idiots to push this initial movement into either direction would be way harder to create these situations of irrational FOMOing and irrational dumping, so we can take advantage of it. The problem is we can't never know when a top is a top and a bottom is a bottom, only guesstimate. It's a form of gambling eventually. I believe in buying dips and holding long term, never selling. Guessing tops is too difficult. Even if you buy what was looking like a bottoming dip and it goes 3000 points lower, it will eventually rebound above your entry price, long term BTC is going only higher, so why risk losing your position selling and having to deal with endless KYC exchange nonsense to boot. |
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The total amount of dollars that could exist is basically infinite, so the potential price against BTC is potentially infinite, which is why it's stupid and we should be valuing everything against BTC and not against fiat currencies. AT least in principle. I don't know how valuing things against a finite supply currency could work in practice.
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Get a computer which has never touched the internet ever before or at least wipe the hard disk, then install a linux distro, get a wallet there, generate your private keys and move your BTC there. To transact, presign the transaction and move it into an online wallet.
Anything else in the current scenario shall be considered as compromised bitcoins.
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I have read some posts and comments by senior members related on how the futures on Bitcoin are controlling the whole crypto-currencies market. Do you understand the effects? What your view?
Futures somehow contributed to the reason why bitcoim had a dip recently but those senior members are wrong when they said that it controls the whole cryptocurrency market. No one can gain total control ever crypto, even fat boys from wall street or even bill gates can't no matter how much money they spend. If they really did spend money in order to do that, crypto will only be controlled temporarily. I think people are overrating the impact of the futures market in the actual bitcoin price. They are not trading the underlying, one some promises, this doesn't matter in bitcoin. The pump we saw was due idiots FOMOing, and the dump we saw was due idiots panic selling. Idiots: people that see Bitcoin on the news but don't have any deeper thoughts about it and why it matters. I believe the market is at least 50% idiots at any rate, and these were the ones that pumped the price to the last peak and these are the ones that got shaken out in the last bottom. If the price holds, I believe we may start going for an all time high in the next month again, this time, having shed all the previous idiots that are here to make some bucks but aren't here for the long term as they have no idea what they are buying. |
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It's possible that they will try to find some smaller guys in which they can easily bribe to get whatever desirable outcome with the audit. I believe something is fishy with Tether, but I understand running a business like Tether isn't easy at all. If you want the comfortable option of having a virtual gateway against the dollar without massive KYC, then the accounts in which the dollars are held aren't going to be the most famous and audited banks out there, they must be sitting on some tax haven of sorts, which is what makes the process smoothly. You can't have the cake and eat it at the same time. It is a complex issue.
Ultimately Bitcoin is limited to 21 million, fiat itself is fractional reverse clusterfuck so if a crypto based on the dollar also does it ultimately doesn't change much. Sooner or later we'll have a Tethering and it won't be pretty tho, but we'll survive.
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I saw there are a lot of topics about undervalued coins, but I did not find any about overvalued coins.  I hope everyone agree that there is no point to talk about some pumped crap. So let's only talk about coins that should have real value, but for some reason are overvalued right now. As for me, I think the most overvalued coin today is Ethereum. I don't understand why does it cost so much. It is not decentralized. It is not limited, so there is no deficit. Nowadays it doesn't look innovative. It is not even great as a cryptocurrency. Of course it is great for ICOs, but most of the ICOs are crap. Most of this coins will die in future. So it's just a hype and nothing more. Ethereum is valuable because it has a very strong network effect. Vitalik is now a "rockstar" in the crypto world, it's easy to meme him around and make the project famous. Technology wise, it's a clusterfuck waiting to happen. It doesn't scale (and the idea of smart contracts need scaling) and it's not decentralized by any means. The project is just a hype job since a lot of big brands got into the crypto bandwaggon by hoping on Ethereum. But when it comes to overvalued scams, Ripple is it. Most people buying that shit don't even know that it's not even a proper cryptocurrency as most people expect a cryptocurrency to be. Most of the people buying Ripple think it's decentralized lol. |
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I have not figured out how it works yet. You can, for example, ask your friend, a friend, to make an assessment? And so we will raise each other's ratings?
This is already happening. Look at OP's post. Does it really deserve a merit point for that post? Give me a break. Meanwhile I've gotten 0 merit posts and a ton of other good posts that I've seen also got 0 merit posts. People are already gaming the system, selling accounts with merit points to rank other alts, giving merit points to their own alts... the list goes on. It's a good idea, I just doubt in it's execution it will have a positive impact. It just establishes another market, the posting quality overall is the same as always from what I can see. |
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Binance dont need id verification for you to be able to withdraw funds you only need to activate 2 factor authentication. binance also have huge trading volume because other exchanges stop accepting new users that is why people use alternative exchanges like binance. I personally use it because they have mobile app so whenever im going out of town i will still be able to monitor my trades.
But are you forced to deliver a phone number or can you bypass the 2factor authentication? I would rather not have to enter a phone number since that is anti privacy and i don't really need 2 factor authentication, not to mention the whole thing is just retarded and exploitable, anyone that isn't stupid doesn't need anything else but an email a password and a recovery email in case you lose the used email. You can use google authenticator as well, instead of providing your phone number., if you are worried about your privacy. And as far as I know binance requires 2-factor-authentication only if you want to withdraw money, so when you trade coins during the day, you don't have to use 2FA every single time. Can you or anyone that has an account go to the settings and see if you can disable it? Usually you can disable 2FA, it may come enabled by default. Google authenticator method doesn't work or at least it didn't work in other exchanges when I tried to bypass giving them my phone, I never recieved the number, and not to mention that you require an SMS already to register an account in google, if you use an VPN they will ask for a SMS confirmation to register the email itself. |
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There's no social status assigned to owning bitcoin, if you say you own bitcoin people will still think you are a weirdo that spends too much time inside, possibly a criminal selling illegal things on the darknet and other negative connotations.
Maybe once it reaches an higher valuation like $100,000 or $1 million people will start getting past these cliches and accept that someone that managed to own at least 1 BTC was ahead of the pack and therefore will translate as status. Until then they will continue thinking it's weird and a bubble.
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