It just gets me so frustrated when I see things change negatively every now and then (and lately they don't change positively like at all), as I expressed yesterday in another thread about Ledger too. I don't know what's scarier to be honest: some software looking for suspicious faces or knowing that you're being watched by a human permanently while purchasing/selling cryptocurrencies?

Shitcoins Club is for now, besides f2f transactions, the only remaining hope I have. Anyways, I expect some EU regulations by 2021 which will change things about the way we use BTC. For now, having each country with their own crypto regulations, there's still room for interpretation.

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Ma frustreaza pur si simplu cand vad ca lucrurile se schimba in mod negativ din cand in cand (si in ultimul timp nu se prea mai schimba deloc in pozitiv), cum am spus si ieri intr-un alt thread legat de Ledger. Nu stiu ce este mai infricosator, sincer sa fiu: un software care cauta fete suspicioase sau sa stii ca esti vazut si urmarit in permanenta de un om cand cumperi/vinzi criptomonede?

Shitcoins Club este momentan, in afara de transactiile f2f, singura speranta pe care o mai am. In orice caz, ma astept la niste reglementari la nivel UE pana in 2021 care vor schimba felul in care folosim cryptomonedele. Momentan, avand fiecare tara cu propriile ei reglementari crypto, inca exista loc de interpretari.

Except these digital currencies won't be Bitcoin, Monero or any other pseudo/anonymous coin. It'll be centralized currencies, which will be worse than fiat but might help Bitcoin a bit on the other hand as we all move fully digital.

I hate to know there's a private ledger somewhere, a list of all the things I have bought using my debit/credit card hence why I prefer cash for payments. Full digital means lots of advantages and lots of disadvantages at the same time, but to be honest I really believe the disadvantages are way too many to be ignored.

But I wonder, what does this mean for Bitcoin and other cryptocurrencies? Yes, we might be able to do transactions face-to-face (barter, for example) with others at any given time without having to obey to any abusive rule but a digital currency means worldwide regulations, which means cryptocurrencies will probably be included in them too..

It has to be expected now that it's been a few months since the halving. Well, if it declines I guess it'll decline significantly as a lot of people already are under financial trouble and don't want more than they already have so most would probably rather sell and help the downtrend..

Whatever is going to happen, I already know there will be a day when I'll wake up with goosebumps looking at the charts, be it a sharp decline or the opposite. The risk is constant & continuous in the market and volatility is one of the most exciting features of Bitcoin, at least for traders that is. That, combined with everything we have to go through right now, is a quite interesting formula for the future.

Salut! Cauta pe Coin ATM Radar, cel mai probabil exista ATM-uri in Chisinau la care poti vinde. Ai insa grija legat de 2 aspecte: sa nu aiba KYC daca te deranjeaza si sa te uiti cu atentie la cursul practicat, deoarece majoritatea ATM-urilor au curs jalnic la cumparare.

Alte variante sunt sa mergi pe Local Bitcoins (desi nu mai stiu sigur daca au si tranzactii face-to-face) sau sa faci tranzactii face-to-face cu cineva din zona. Daca ai un prieten care e interesat de BTC, poate reusiti sa faceti asta fara sa mai ai batai de cap. Cu KYC, exista n variante dar eu nu ma prea impac cu el, sincer sa fiu.

(Postarea o gasiti in romana mai jos/The reply in Romanian can be found below)

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I cannot access the website because it shows a security risk and I'm not using JS. That really is weird if they disappeared. Could be an update that's coming in? Although that doesn't really make much sense...

Wait! I have bolded part of your quote. I have a question because this is exactly the one thing I feared a few weeks ago: how would they know that you're the same person who bought multiple times per day? The fact that they mention that covering your face triggers an ID scan requirement... is bad to say the least. This means that although they haven't had KYC so far, your face was scanned & photographed every time you've made a transaction at their ATM.

Doesn't that mean that wearing a mask (especially as a large part of their ATMs are inside malls and Romania has mandatory mask wearing inside buildings) & a cap could trigger the KYC although you didn't intentionally cover your face? I might have glasses that get dark under the sun, how am I ensured that I won't be one of those whose identity will have to be verified .. the same old problem with identity verification!

This is exactly the fear I expressed a while ago on the forum .. the fact that although we don't have KYC, that camera is strategically placed to take a photo of your face. Now we have ID scanning required if they consider something's suspicious about you. Damn, that was unexpected and really disappoints me!

Looks like face-to-face transactions are the only remaining KYC-less way to go.. as long as they still remain legal & available, because overall the entire "crypto & privacy" thing is pretty much over hence the need I had a while ago to write an entire thread about it happening right in front of our eyes..

I haven't, and now with this added feature I probably won't anymore. Some of them do have a phone number which someone can call and ask questions about this new KYC-like thing though. Thanks for sharing the info with us.

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Nu pot accesa site-ul lor deoarece apare ca exista un risc de securitate si nu folosesc nici JS. Asta e chiar ciudat daca au disparut. Sa fie vorba de un update? Desi nu prea are sens...

Stai! Am ingrosat o parte din citatul tau. Am o intrebare deoarece exact de asta ma temeam acum cateva saptamani: cum ar trebuii sa stie ca tu esti exact aceeasi persoana care a cumparat de mai multe ori pe zi? Faptul ca mentioneaza ca acoperirea fetei declanseaza o cerere de scanare a buletinului... este pe putin nasol. Asta inseamna ca desi nu au avut KYC pana acum, fata ta a fost scanata si fotografiata de fiecare data cand ai folosit ATM-ul lor.

Nu inseamna acest lucru ca purtarea unei masti (mai ales deoarece o mare parte din ATM-uri sunt in mall-uri iar in Romania purtarea mastii este obligatorie in interior) si a unei sepci poate declansa procesul de KYC chiar daca nu ti-ai acoperit intentionat fata? E posibil sa am ochelari de vedere care se inchid la soare, cum sunt asigurat ca nu voi fi si eu printre cei carora li se va cere .. vechea problema cu verificarea identitatii!

Asta este exact teama pe care mi-am exprimat-o acum ceva timp pe forum .. faptul ca desi nu avem KYC, camera aceea este pusa strategic astfel incat sa ti se faca poza la fata. Acum avem scanarea buletinului obligatorie daca ei considera ca e ceva suspicios legat de tine. La naiba, e un lucru la care nu m-am asteptat si chiar ma dezamageste..

Se pare ca tranzactiile face-to-face raman singurele metode KYC pe care le mai avem.. atata timp cat inca raman legale si valabile pentru ca oricum per total intreaga faza cu "crypto & intimitatea" se cam duce naibii, fapt pentru care acum ceva timp am simtit nevoia sa scriu un intreg thread legat de faptul ca se intampla totul chiar in fata noastra..

Nu, iar acum cu aceasta actualizare probabil nu o voi face nici pe viitor. O parte dintre ATM-uri au un nr de telefon pe care il puteti contacta sa intrebati legat de aceasta noua regula tip KYC. Multumesc pentru distribuirea acestei informatii.

Many, if not most out of the top 100 alts besides the very well known ones (Dash, Monero, LTC etc) do not have a free, fully open source wallet that allows you to use Ledger with and that leaves you with no option but to use Live. Wouldn't have been a problem if it wasn't about a closed/semi-closed source software that has some questionable updates.

I do not know for sure whether Live is fully open source or only partially as there is a GitHub repo for it (I have looked everywhere for "Ledger Live" and "open-source" together but no signs so I'll assume it's only partially open), but if it's only partially I have some concerns about it. Lots of things could happen behind the scenes such as transferring to certain parties information about the coins/balances you own using the IP you're using Live with or possibly even linking your Ledger to it because who the hell knows what's inside that closed code. This is why the new feature of having a centralized exchange in Live gives my concern an even thicker contour.


Waves Exchange is non-custodial with optional KYC (for fiat trades) and centralized trade matching. You can use that one with Ledger directly if you download the app and would've probably been a better choice to integrate than Coinify. I believe Atomic DEX from Komodo also has a HW integration planned in their roadmap (I currently have JS disabled so can't check right now) and I honestly love their app.

I feel the same. The need of having more control over your coins gets even worse when you own alts and know there aren't Ledger-capable Electrum versions for that alt you can use instead of Live. At least with BTC you still have options.

They have way more important things to add to Ledger Live to improve our options for privacy & control than adding a .. centralized exchange as a feature. Might've been an addition in order to compete with Trezor, but if so then imo it's a bad move.

If it's a move for money, I think it's even worse considering that they have a quite precious list of names, physical addresses (and even BTC addresses of those who paid through crypto) they could very well sell to authorities or other third parties for money. This one and my concern from a while ago when I said I am afraid the closed-source parts of Ledger might contain something creepy and/or backdoors for authorities pop to the surface in my mind every once in a while.

If it becomes unaffordable for average txs, it's going to be a problem for all of us.. Imagine having to spend $10 on a transaction you would've spent $0.5 at most years before. I get it that the 21M supply should stay the same, but if we ever get to the point where it becomes unaffordable for the average person to use BTC then lots of people will simply quit, leading to a decline of demand and therefore a price decline.

Why is that? It's literally like having a $0.99 item show up starting from tomorrow as $0.9900 in all shops. That doesn't change anything at all besides the fact that you'd have the possibility to own the 100th part of a cent. Think of exchanges, where you have $9,450.85⁰²³² with 4 digits added to the end. It doesn't change its value at all.

If you think that unlimited printing to try recovering banks when your country is already under a debt of dozens of thousands of billions of USD is something that'll lead to the banks being "fine" and the global recovery.. then you're unfortunately wrong - printing will only lead to harsher consequences in the end.

Banks have failed before. People have lost their money because of them every financial cycle, it's going to happen again. But compared to the previous decades of crises, this one will hit hard all of us. I wrote a thread back in Oct 2019 about the upcoming recession but now I'm expecting one worse than I imagined back then, unfortunately.

Over time, the change will definitely happen. Here's why: if Bitcoin's demand will be on a healthy level 30 years from now, imagine how much BTC will be lost/dormant and how rare of an asset it'll become. At that point, if one Bitcoin will be worth $500k, it'd mean that 200 satoshis will be equal to $1. Without a modified supply, it'll become too unaffordable because the fees will become too high.

Changing from 21M to 2.1B total supply would only make a Bitcoin 100x less worth while you have 100x more Bitcoins at the same time. It's the exact same thing and I really think this change is going to happen when transactions will become unaffordable. Or.. another option is just adding more decimals to it. That would not change the supply but make it possible to spend a 10th of a satoshi instead of an entire one. Some kind of satoshi cents

Only few projects are legit with a vision for the future. Actually, it's probably only a handful of them. ICOs have been scammy since the beginning when there's been an insane explosion of shitcoins with fairytale whitepapers that were sold through ICOs.

Choosing which coins are fine and which aren't is an easy job if you study them. The thing is, they'll never get past BTC so most alts will mostly only pump & dump during stable Bitcoin timeframes.

After all the shit he's done a few years ago, I wouldn't trust him with any kind of "promising project". Years ago when he manipulated the markets through P&D schemes, he only did it to his own advantage so I'd rather believe he's with GHOST for the same reason.

The least risky way of earning an income is really getting a job - and even then you risk unemployment if you aren't good enough for the position you're taking. Anyone who believes you can get anything without a risk is silly. Even purchasing socks comes with risks; if you are not able to take the risk then it's not the time to do forex trading yet.

In my country, I don't think I can buy something unless I buy a large quantity at a wholesale.. or maybe I could only buy a single screw from some shop otherwise, the only things I've ever found that cost $0.01 were useless things from Chinese websites.

If there was anything useful for that price besides plastic bags and screws, they'd probably be out of stock constantly.

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TIL the S$10,000 banknote is the most valuable one in the world! Insane when you look at the difference between the cost of production and the so-called "value" of the produced paper. Unfortunately, most people trust the paper more than they'd trust a gold investment.

Then he's not only an idiot but also a psychopath. From wanting to be part of Bitcoin's history to having to lie about every little thing you say is a long road to take and most people will consider him an idiot whether it's now or in 50 years, especially as he continues to spread obvious bullshit around that will only put him in a worse place.

I just hope his BSV will somehow finally burn off in the next few years - it's getting quite pathetic that we have literal shitcoins sitting in the top of the cryptocurrency markets and we really need a cleanup tbh..

I'd fight to possible death for my freedom if it was in big danger, but probably not alone because I'd obviously have no chance. If your nation's freedom was taken away, your children could as well. Just taking a quick look over what absurd measures some countries have imposed during the last few months is enough to know that one day, all your rights could be in the wrong hands and things could drastically change.

Isn't protesting basically a risk of giving your life for your nation? Or do I wrongly understand the concept of "giving your life for your nation"?

Bine ai venit!

Corect, vor fi multe lucruri pe care le vei invata. Eu sunt aici de mai multi ani de zile si inca am o gramada de invatat - de altfel, aproape in fiecare zi apare ceva nou si daca nu esti la curent cu ele.. pierzi informatii posibil utile.

Despre Pi Network n-am auzit pana acum, insa am un lucru pe care ti-l sugerez: nu te arunca prea mult pe airdrops, bounties si monede necunoscute pana nu stii cat de cat despre ele. Eu de fiecare data cand am investit intr-o moneda fara sa o studiez de dinainte am avut numai nereusite - e mai mult un joc de noroc, sincer sa fiu. Bounty-urile sunt in mare parte in ziua de azi pur si simplu pierderi de timp, la fel si majoritatea airdrop-urilor.

In afara de asta, daca stii engleza cat de cat.. ai pe forum n informatii foarte utile pe care le poti studia. Asteptam sa mai scrii si pe board-ul Ro, caci suntem destul de putini si avem nevoie!

Edit: Ah, si.. sa nu uit: incearca sa scrii postari care sa nu fie de un rand sau nonsens. Cu cat esti mai "constructiv" (e subiectiva constructivitatea, insa in mare se intelege de la sine), cu atat vei fi mai apreciat de ceilalti utilizatori. Mie mi-a luat ani de zile sa imi dau seama ca gresesc scriind aceleasi porcarii de fiecare data si postand din 5 in 5 minute, literalmente, la un moment dat fiind considerat chiar spammer.

That was my feeling months ago too. His bullshit only digs his grave even deeper than it already was. If I was him, I'd stop right now with all the shit I was saying because it's going nowhere good.

Honestly, at this point I wouldn't be surprised if he really was the one who stole from MtGox and has now basically revealed it himself. Taking into account all the lies he spread around and everything he's done so far, it would really be no surprise on my side. I'm just impatiently waiting for his fame to burn away because the only reason he keeps doing what he's doing is that he is the creator of a shitcoin that now somehow still sits in the 6th place of cryptos.

None. None of the centralized. Use decentralized ones - they're harder to get accustomed to, but they're much better and you don't have the possible "doors closed" scenario, be it for maintenance or whatever else.

I agree with @joniboini: just stop using centralized exchanges. We're consciously helping them out by using them and we clearly see there's a correlation between price drops/bumps and their maintenances/closures. As soon as we'll all move to free & decentralized ones, it's going to be much better

Because we've been educated to have a job and spend money on crap you don't even really need while they've been taught how to act properly during an economical cycle. +75% of the people in the world probably don't even know how to properly organize their earnings in order to have the monthly necessities and savings too. In fact, a very significant number of people don't even have savings or investments at all and live on a day-by-day situation although they do have enough money to put some aside. But these Gucci clothes are too tempting of a trend not to purchase them, aren't they..

Kids nowadays are taught already from school about banks and how amazing debts are instead of being taught not to become yet another bank's slave and how to live without debts at all. It's a fucked up system and we have to admit that. Hard to change a kid/teen's mind when these ideas have been sitting in their mind from a young age.

It's only a lesson for a small percentage of the population and will stick with them for only 1-2 generations at most. Afterwards, the cycle repeats. As long as the young are taught the wrong stuff about economics, it's never going to become the norm.

Well, good luck changing that. Banks love power and will always go for it under the false impression that "they're making our needs and goals easier to accomplish"..

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Most of the people I know don't even care about the collapse of banks and see it in a more ironical way than I could've imagined - as if it was some movie or videogame, but when it turns to reality it'll hit them hard. The fact that people still trust their own governments & banks and play MSM's little games scares me because I know we're going to hit the wall & spill the economy everywhere sooner or later.

If I ask 10 people whether they trust a bank for holding their savings or not, at least 7 of them will say "yes". They don't even see the fact that the yearly inflation % overtakes the yearly percentage you get for holding your money in a bank and they surely don't believe a bank could ever collapse either. The wealthy are taught how to properly move their funds during a crisis in order to enlarge their portfolio while all the average Joe knows is that he should "spend less, save more" - or maybe not even that. Yeah, but when the fiat currency fails your plan goes to shit and guess who you'll have to go to ask for help and recovery.. the rich. The banks. The same system that taught you the wrong stuff about economy.