If it's illegal then probably.

There are MANY pieces of software that are usable by white hat, blue hat and red hat and those would probably be fine - it'll depend on whether the software does something that might specifically be illegal or if you market it as doing that (eg a ddos would be illegal but some types of scanners/sniffers would be fine if they could be used for firewall scanning).

Being aware of what the market has done in the past (in depth) also makes holding less risky as you're less likely to just cut your losses/give up.

I'd also advise against trading bots as I'm not sure they're any good and seem quite expensive - unless you can text your strategy works before leaving it to run.

Blocksize has physically been changed at least twice since Satoshi released the initial version of bitcoin. It's theoretically been changed another 2 times also with the two introductions of segwit and there looks to be a few proposals to change it again (with taproot and mimble wimble).

Miners are the only ones able to change blocksize, they're going to be quite incentivised to do so if the fees are paying well and people turn away from bitcoin - sha256 ASICs only work on sha256 and the only place you're likely to get paid with that is bitcoin and some forks.

Do NOT trade futures until you've learnt how to trade or are getting a positive return over 30-60 trades.

Then, I'd invest all in bitcoin. If you really want to, you could put 5-20% in an altcoin but you're probably going to want something that's got a lot of hype behind it at least (or is a big cap and isn't likely to disappear). I'd also convert an altcoin back to bitcoin if it goes over a certain amount as it will probably fall back down to there at some point anyway.

Also don't take financial advise from random people on a forum, make sure you're making educated decisions and you're in the market with an amount you'll be OK dropping 80% in value at some point.

It's probably going to be best placed in the altcoin discussion section or in off topic if it's just a review of current pieces.

Unless it's speculation and then it could go in that section. I think you'll get the best interaction in the altcoin section anyway too (compared with the more bitcoiny parts).

The network running at 2% of what it is now is still quite a secure network.

Any change that does occur could be quite spread out (over even 20 years towards the end - there'll be enough time to come up with a plan for how to address these shortcomings).

What if each block contains 100000 transactions instead of the current 2800, little infrastructure change is probably needed to change that (if any other than code and signalling). Each of those could pay $1 and overpay on the current system.

Also, if you're using bitcoin and you're a large bank, a small shop or anything inbetween, what's stopping you from storing your own version of the blockchain and hosting your own node and miner? Even if normal miners are expensive to run, there are solutions like sidehack's range that just run off a usb socket (normaly) and don't consume much power - although their current offerings are much closer to the usbc type power usage afaik.

Good to not have another scam giveaway I guess anyway... Finally...


That's quite a large scope though too, most company giveaways are normally limited to just one territory so doing this should increase their coverage and make them look serious too - especially considering the trouble a lot of other exchanges are having with regulations.

I think you can expect them to want to get people to do kyc on their site too, they've probably put a handy "buy a coffee a month's worth of bitcoin" little button there too . It'll probably at least filter more users towards faucets too which helps in our diversification of funds - just more people owning even a tiny fraction.

I think the best exchange to use for withdrawals is coinbase. They've done quite well in the UK and EU (they did get suspended by a UK bank but found a new one after a while and you could still withdraw via sepa)...

Binance have a lot of regulatory issues as talks have broken down between the UK's fca and Singapore's regulator is suspicious of their activities afaik. (European banks dropped support for binance after the binance UK declared they couldn't answer basic questions).

Also if it was a recent post you can use your drafts to find what you originally posted at: https://bitcointalk.org/index.php?action=drafts

(particularly useful if it was a recent post that those two other sites might not have been able to grab).

Generally it's the market price changing before you confirm the order or it's to do with slippage.

If you sell $1000 in btc at $50k but the two highest bids are:
900 @50k
100 @49.9k
Then you will actually get 999.8k (based on a quick calculation). This can be more profound if the market doesn't have high liquidity.

This only affects market sells and doesn't affect limits though.

I think it's just the push to decentralisation/spreading out of people and the economy a bit. If they're attracting a young audience, showing a remote cabin on a mountain to someone who's surrounded by people (especially during a pandemic) might be sending them a message they can relate to...

With that, I think a lot of online firms (especially small ones) are using companies like PayPal and bank transfers though for cheaper fees. Visa are also losing market dominance afaik too so that might also be pushing them to this.

Tapping a card or putting its pin in, intentionally, IS a signature on a contract. It's why the machine tells you how much you owe them and you confirm it by tapping your card. It obligates the seller and visa on the other end though who "sign" a contract when sending or processing the payment.

I've considered this before and then just thought it wasn't very useful because you can just change the price interval of the chart you're using instead.

Back to the question, I'd lean to getting as many points as possible (especially on shorter timeframes) - but this might depend on eyeing the chart for each individual currency and seeing how long it takes to break down/up normally and adjusting your indicators accordingly (perhaps trying full time, half time and 2/3rds). Once you've got an idea, you could also go back a few days/months to test it out and see how well it looks.

No idea on its reliability but I remember bitcoinj being mentioned and it even has a subforum here (albeit not well used) : https://bitcoin.org

(adding to my previous point, I just checked their github and a long standing developer of bitcoin core pushed a commit 4 hours ago so I think they might be a good choice). Not sure how easy it'll be to implement it with c# though but java is very similar to c# (although you might be able to call both from each other) .

The legality of a crypto casino are going to be based off whether crypto is legal in that country. If it is, and treated like cash, then you can open one and get it licensed (you'll probably have discuss with a solicitor/advisor anyway if you'd need a license normally in your country as they'll be able to best prepare you for that and get you a fast approval).

If you're unsure, you might be able to search your license provider (normally a government agency) for private advisors that might be able to answer any questions you have. You likely will need to look for other staff members too (if you don't know how to program or don't know the best security methods for crypto - unless you're willing/capable to self teach).

I'd say anything up to about 5% is probably reasonable but I haven't done p2p trades recently and those were direct deposit into a bank account so it might vary depending on the method you're using.

I think I've seen people in the past charge a flat fee too (eg $100-1000).

Fees might be higher now too though also to factor in price movements/volatility so that might be something to consider if you're wanting to do multiple trades.

Could you make yourself seem interested in what he's doing? Ask if you can get a read only api key or an exchange generated report to see how well he's doing since you leant the money to him.

You might just have to wait though, I hope he's not into gambling as december sounds a bit arbitrary for selling the funds...

I don't think I'd like the idea of not using kyc with exchanges though, even cash in hand deals without kyc can be risky. Kyc on exchanges does help the exchange to work out who hacked them if they get hacked and if they didn't have kyc, many financial institutions can still block them.

It should be possible to do informal transactions without kyc though if you find someone willing to buy/sell in your currency or via PayPal (they're more common than you might expect).

Once bought, there are other ways of making your crypto more anonymous too even without being tainted by mixers (if that's a worry).

I assume those were federal reserve bonds that countries can hold? If so the same storage mechanism will probabky be used with bitcoin.

If bitcoin becomes like a gold would the US, EU and India not seem like trustworthy resources for housing nations' gold?
Terrorist organisations might get help from certain other countries also in storing gold securely so the same could still happen with that.

A system that allows people to block anyone gives the blocker too much power anyway imo.

I THINK the altcoin dominance the second time is brought on directly from bitcoin crashing? I could've remembered that wrong but it's what I thought I saw.. If your goal is to collect bitcoins, then hold alts and wait for them to go up a lot against bitcoin.

I also don't know if we're in for a rise in bitcoin dominance though too and for alts to fall a bit lower.

There are so many scams online that are fairly easy for a novice to fall for that I'm quite surprised you've lasted this long without making too much of a loss!

But it's always a good idea not to put more than you can risk losing into investments. If you find something early $200 in bitcoin in 2015 is now $48000, so what's the point in taking additional risks?