|
OP found a site where he could by BTC and regers to it as BTC site, like it was somehow a part of Bitcoin, but it's not.
Every single Internet user can make a site that implements some features of Bitcoin. Maybe it's a qr code, maybe a link to blockchain or a whole exchange.
What that Internet user demands of you is on him, not on Bitcoin. I could make a site where I sell Bitcoin with no KYC. There are such sites. Bitcoin is as anonymous as you make it.
|
|
|
|
|
For me the most important feature would be no KYC. If the exchange could offer good security angd have no KYC i might try it out.
Some point don't matter to me at all like the millionaire organization or the exchange paying me to make an account. If you start paying people you can expect a lot of poor guys to come and make hundreds of accounts just to get some free money. The moment they get it they'll disappear.
No fees is nice but you have to make money somehow. I'd expect fees on an exchange just not crazy high ones.
|
|
|
|
I never like people with only simple thinking "get rich quick" on crypto scene. Put that aside, risk equal with profit. If people understand how much risk is for a crypto investment then that's their choice, you can't force them to use it as a different means.
The same thing could be said about people who are negative towards the overenthusiastic investors. Some people are greedy, some are enthusiastic, some are skeptical but all of them should have a chance to invest. If you're greedy you could be disappointed but you as well could succeed. In 2017 those who bought and held were successful no mather what attitude they had. They all had a good timing and that was enough. |
|
|
|
Mohammad offered Bitcoin-cash exchange services, charging commissions of up to 25%, which is significantly above the current market rate. He met clients in public locations and exchanged currency for them without asking about the origin of those funds. Common, nobody would pay 25% just for privacy, even if we speak of sums above 1k it was worth the effort to go in another city and deal with a different ATM. And why did he kept meeting clients.. Such high fees wouldn't even be worth it for someone who wanted to avoid taxation. If you're willing to pay that much you have to be running a large illegal operation involving drugs, stolen property and such. For me 10% would seem like a suspiciously high fee. |
|
|
|
If a project can't afford escrow payment, should be at least hire 3rd party bounty managers to make sure bounty payment under good hand when distribute.
If a project can't afford escrow they should never launch to begin with. Let's forget that some escrows work for free/positive trust. Even if they demand 1% of the total amount to be distributed it's still very little. If you're distibuting a thousand dollars worth of coins the escrow payment will be just 10 dollars. Don't tell me they can't pay that much. Even if they'd have to pay $100 to the escrow holder it's still nothing compared to the value of the campaign. |
|
|
|
I'd add crypto loans here, because it seems bizarre to me - loans imply giving someone a lot of personal data which is simply against crypto ideals.
Crypto loans work but only when the borrower can escrow something of equal value. For years people have been using bitcointalk crypto loans to gamble or trade when they knew they'd get money from their campaign in a week or two but needed some coins at hand fast and couldn't wait for the payment. Real estate scams are very easy to verify because these scammers can't make photos themselves and often use stock ones that can be reverse googled. |
|
|
|
We all want escrow too but not all project teams will agree to escrow but it's safer for bounty hunters to join escrowed bounty campaigns, new project teams can't be trusted, they behave anyhow with bounty hunters once the campaign is over, this needs to stop
If they don't agree to escrow you don't have to join their campaigns. The more people show they don't support projects that don't try to work for their trust the more project managers will start to care. I've been telling you people for years to demand escrow and payment in BTC, ETH, or any other already tradeable coin. |
|
|
|
That's why I love blockchain. You can't hide anything, no matter how hard you try, no matter how much you want, the blockchain allows you to see everything. Even if you use a bitcoin mixer, everything is exactly possible to understand the original wallet.
I am not a supporter of de-anonization, however, given the youth of the crypto market, and how much it suffers from all kinds of scam, we probably have nothing but to create such a base to isolate dirty bitcoins. Although I doubt that there are no loopholes to launder them.
And some people still think that it's an anonymous currency for online drug dealers and hackers.  The ignorance and stupidity have no boundaries. Of course you can launder money through cryptocurrencies but with Bitcoin it's quite difficult especially with the KYC procedures on almost every single exchange. You can make up credentials, get fake IDs but all of it leaves a trace that can be later used to get you. You're only safe if you find a way to exchange coins anonymously. No amount of mixing can save you if they really want to get you. |
|
|
|
|
According to many analysts it will either reach a new ATH or die. Bitcoin is not a technology that can remain healthy as an awkwward currency of nerds. It has to expand or if it doesn't expand it will be abandoned and taken over by a similar maybe more centralized cryptocurrency that will keep on growing.
Bitcoin will not go flat as a tradable asset. It will pump again or go down fast.
I expect it to be worth at least 50 thousand dollars in a few years or go down below 3000 as people move to something else.
|
|
|
|
So how do you make people not holding it as 'an investment'? Seriously, anything holds a little bit of value can be used as an investment and there is nothing you could do about it. Much less than cryptocurrencies with high value and a greater chance to earn profits.
He thinks people are too hasty with their investments and shouldn't touch it if they expect quick and big returns. I agree with that but I also am aware that greed is good. Greedy people are restless and are not afraid to wet their feet. You won't make money at all if you don't invest, so my advice is: try and don't be afraid. If it doesn't work out for you, it will not be the end. |
|
|
|
Piece of cake USE LOGIC! Why would you send in first position to someone 1btc to get a 2btc?  I am shocked who people believed and sent money. Please beware of such scams They make it look like they're investing or trading it and they will do some mumbo jumbo with your coins to make more of them Long ago when the understanding of blockchain was much lower they used to scam people by selling them mining programs and "blockchain hacking software" that was supposed to piggyback on transactions and split some of them to make some coins go to your pocket every minute. Scams are as old as humanity. |
|
|
|
-If someone stole money from your bank/stock/credit card account, it can be tracked where the money went and can be recovered by filing complaint with your bank or authorities. but if somone steal your crypto there is no way to get the crypto back.
Bank/fiat is not really sound, as it's controlled by an entity(ies) that can decide "nah f you dude" if they want to. Like in that movie Enemy of the State where the main character is cut off by the government and cannot access his own money, his credit cards don't work, he can't call anyone, and so on. You can get your money back if someone hacks the bank and steals it but that was the bank's mistake. It allowed someone to gain access and it will have to pay you back. In Bitcoin if you get hacked it's your mistake not some institution's. |
|
|
|
Don't know if I agree. Its something to get an introspective of the situation with its effects on the global currency market.
You don't know if you agree with Max or the host? Max is a Bitcoin bull and I like him because I'm bullish myself. To me all the facts he gave make sense like everything about banks that were bashing it and then started buying in secret. I don't think that the identity of Bitcoin creators matter. It's a waste of time to keep looking for Satoshi because his identity doesn't change the idea behind Bitcoin. So the banks started buying Bitcoins in secret?Does anyone have some secret insider information proving that banks started secretly buying Bitcoin?I don't think so.This is all just rumors,lies and wishful thinking. There's no clear proof that the coronavirus pandemic "helps" for growing the cryptocurrency markets. The crypto markets are stagnating,just like the stock markets and all the other markets. We can decide whether or not the pandemic helped for boosting Bitcoin after the end of the pandemic. Nobody knows when the pandemic will end.I think it will end after 2-3 years. There are numerous articles about JPMorgan trading cryptocurrencies right after their CEO said that he'd fire anyone found doing it. Also JPMorgan tried to patent a Bitcoin alternative while attacking the original in the media to discourage investors. It's not really wishful thinking. Wishful thinking is believing that banks will always be honest with their clients and their bashing of cryptocurrencies doesn't have a second bottom. https://steemit.com/bitcoin/@ura-soul/as-predicted-jp-morgan-caught-buying-large-amounts-of-bitcoin-after-public-statement-that-bitcoin-is-a-scam-and-no-jp-morganhttps://news.bitcoin.com/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/ |
|
|
|
People already know how important that cash is, this is not in doubt. And I don't think cash will go away because the use of it is enormous in humanity. I expect that banks will adopt bitcoin to make payment faster since the countries are now going digital.
It will go away because it will cost more and more to produce it and make it difficult to counterfeit. Right now many coins all over the world cost more to produce than the valye they hold. The governments will push to switch to digital payments like phone wallets and cards first to remove small bills and then finally the big ones. You'll see I was right when they cease production of the smallest coins and bills in your country to decrease the amount in circulation and discourage people from using them. |
|
|
|
ETH 2.0 is just hype, will not last long till it's in the shadow again
I think it will end like BCH when it forked from Bitcoin and then again like BCH and BSV when they were forking. The news started a big hype and now all those coins that were supposed to be the new Bitcoin are worth 10% of their former value. |
|
|
|
It can't be a ponzi because: that ponzi is a business many investors lose while the people that set it up gained as many as possible money Actually, if you bought Bitcoin at any point in time but for December 2017 and January 2018, you'd have made profit. So 99% of people who ever touched Bitcoin and helf it would have more money now than they had when they invested. This single thing kills the idea of a ponzi scheme. |
|
|
|
|
Are you some kind of Monero shill op?
Monero is not what Bitcoin was meant to be. Bitcoin was not made to be anonymous. Monero is fine, I have nothing against it but it's different than Bitcoin and may face its own problems like being banned from all regulated exchanges at some point.
Monero is on a path to becoming the coin of the deep web.
|
|
|
|
Well, do we need it? Because, I can see that people use it only as an investment or as a money laundering tool.
This shows you don't know many Bitcoiners and don't know much about its acceptance. You can really buy a lot of stuff with it. Browse a little and you'll find uses for it. Well, honest people don't afraid the central authority, in addition with the dishonest ones. Those who want something that is illegal, cannot do that. So they use bitcoin. Spoken like a true authoritarian. Napoleon would be proud of you. |
|
|
|
You need to add an additional option "Shitpost":   I haven't tried it yet but I'd choose spam here for sure. It looks like you might know the rules pretty well and still choose wrong answers because of the way they're constructed. I consider all posts made only for the purpose of the campaign spam. Calling them unsubstantial is too mild for me. |
|
|
|
|
The youtube pumpers are talking about it in their videos saying that it might be a trigger for another bull run but they used to say it when the first paypal news came out and as we all could see there was no significant move up, even a move down to 9000 dollars instead of a run up.
I'm bullish long term but I don't think these news can take us above 10 thousand again. It's justa nother gateway for buyers. Bakkt was supposed to be such gateway and we are where we used to be.
|
|
|
|
|
Show Posts
