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2201  Economy / Service Discussion / Re: Disposable phone number in the U.S. paid with Bitcoin on: April 28, 2019, 09:46:15 PM
Hello,

I am looking for a website that offers disposable phone numbers that I can use to send and receive texts. I would be interested in a service that would allow me to pay for the service with BTC (or other crypto) and that would give me a number that I can keep, as long as I pay.

Do you guys have any service you would recommend?

I've heard good things about textverified.com and they have an account here as well, which apparently gives you a free trial if you are a first time customer which is an added bonus if you're looking for that.

I think that the distinction about them is that they own their own numbers and don't go through a third party, which makes it easier if something does go wrong.

Their primary product seems to be verifying accounts on a one-off basis and I'm not sure if that is what you mean by "disposable phone number". If you need a number for a longer term, I'm fairly sure that they also have number rentals on their site. PM them yourself if you're unsure of anything.
2202  Economy / Speculation / Re: Don't Fomo , 3800$ incoming ? on: April 26, 2019, 10:27:18 PM
Quote
looking back at july 2015 , we can see that right after testing the 50SMA we head straight back to the 200SMA , which now sits at around 3600$ , but with a bit of room till the price gets there, it should be at around 3700$-3800$ , also notice that we can have a wick like we did back then, that wick can go to as low as 3300$.


this , plus being at probably the strongest resistance area that we had since day 1 in bitcoin , breaking that from the first trial is not very possible, a good run of correction to the down side is very high likely going to happen.


so don't fomo, don't panic, if the 2015 chart is to repeat itself, in about a month from now, we should mark the our bull-market-starting-point.



*This set up gets invalidated if we close above 6k
*a correction is very likely, but no guarantee we going that low , so buying at possible support areas is the best practice.

After every rally there will be a period of time where prices regresses to around the prices pre-rally, and consolidates there. We've seen this countless times, especially when it comes to the early stages of a bull market.

I see a lot of people panicking already which just makes absolutely no sense to me. It's almost like just because of around a month of bullishness they forget that these types of gains are unsustainable in the long run, and adjustments short term are imminent.

I think that there is a high likelihood the $5k support will get tested, and potentially be breached. I don't think that it'll go anything below $4k at this point because support there has been proven previously to be quite strong. Though, the bolded part should be taken as advice. Average out your buys when you see a dip, because at the end of the day, the long run outlook is bullish.
2203  Bitcoin / Press / Re: [2019-04-20] Bitcoin podcaster Peter McCormack offers Craig Wright £100,000 to.. on: April 26, 2019, 10:17:58 PM
Didn't Craig Wright also threaten to sue for defamation? I read it in another article.

I think it's a completely valid question to ask, and it's nowhere near defamation. The proof that Craig Wright has put out simply isn't sufficient, and all McCormack is asking is for solid evidence that he is who he claims to be.

But personally, I don't think there is any point in speculating on satoshi's identity anymore. The network has run for nearly a decade without any information on his identity, and he's been gone for the better half of that decade. I simply don't think that it's necessary for us to know who he is in order to sustain this decentralised environment, in fact, it may be even more decentralised without his presence.
2204  Economy / Scam Accusations / Re: User Drunk Teacher is a SCAMMER on: April 26, 2019, 10:12:41 PM
I recognised that email immediately but couldn't recall who it belonged to. Though through a quick search
Drunk Teacher seems to be connected with multiple other scammers, including SatleonxD, DavidXXX among others. Serial scammers.

Quote
Unfortunately FF payments are not reversive, so the case is over. I have to change the rules so I will send the money as payment except the other side have some reputable trust.

As EcuaMobi and QS said, technically all paypal payments can be reversed. But it'll be extremely hard for friends and family, and if I remember correctly you will need to claim a hack on your account at the time of the transaction and they may ask you for proof.

I personally wouldn't bother even if there was a slim chance of recovering, though you could always try depending on how big a deal $50 is to you. But the lesson should be learned, don't deal with users with no trust without escrow.
2205  Bitcoin / Press / Re: [2019-04-21] Bitcoin Displacing Gold Entirely Would Value BTC At $350,000: Is It on: April 26, 2019, 10:03:00 PM
Of course, I'm not saying that in the future bitcoin can't necessarily replace some of the functionality of fiat in certain areas, or that it is impossible, especially those who are hit hard with economic crises, but this is simply less likely to happen.

remember that Bitcoin has something that fiat will never do: programmability

maybe one day we'll be able to pay banks or payment cards people for the privelege of being able to add conditions to transaction on the banking network (this exists in a limited way already, and of course banks nad big companies exercise alot of control over how it works).

maybe it won't matter then, as everyone will already know that they can write more powerful programmable cryptocurrency transactions without having to pay someone else to do it for them.

Excellent point. Programmability plays a big role within facilitating transactions nowadays.

I guess that's the thing. A store of value like gold and silver (any other precious metals as well) isn't convenient to use for the 21st century when tech and programmability is what it's all about, while the electronic banking system relies on fiat, which is not a store of value. Bitcoin fills the void for both.

I still think though that bitcoin adoption will pick up due to innovation alone - there probably needs to be an event that propels people into questioning the legitimacy of fiat, and actively look for alternatives.
2206  Bitcoin / Legal / Re: First enforcement action against a peer-to-peer virtual currency exchanger on: April 26, 2019, 09:57:06 PM
-snip-

Yep! Even since 2016 (at least to my knowledge, probably farther back) people already know trading on LBC gets them in trouble. I'm not sure using other p2p platforms help them, end of the day cash transfers and money transfers, once they start happening regularly, puts up very big red flags.

Guy also did it in 2012, he also admitted to them, so they're probably taking all that into account for leniency. Not sure people would get away with less should they get caught doing the same things today.

It might also have something to do with the prosecuting party being FinCEN as opposed to the FBI. I'm not entirely sure about this, though, and it's only speculation on my part.

At the end of the day, regardless of what seems to be leniency from the regulator's part, it doesn't mean that everyone will get away with the same sort of treatment, because previous cases of similar nature we can confirm resulted in imprisonment for some.

Just make sure that if you are indeed regularly advertising on p2p platforms, and dealing with commercial volumes of BTC all the time in your transactions, you are aware of the regulations and reporting obligations. Otherwise you could land in trouble.
2207  Economy / Exchanges / Re: How to cash out crypto to fiat? on: April 26, 2019, 09:52:34 PM
What’s up guys! So, I’m relatively new to all this and I’m still sorta exploring the whole processes related to crypto and all that jazz. At the mo I’m looking for a good exchange which I can fully trust. I’m basically looking for the best Crypto to Fiat Exchanges for cashing out. I get the fact that there are quite a number of exchanges which accept your fiat currency to exchange crypto, but I’m looking for something that’s a ‘reverse’ process. After all, does it even exist in the first place? I’m thinking… well, to be honest I’m worried that changing back from crypto to fiat brings with its share of challenges or even problems, perhaps?
I heard that there are some exchanges which can apply quite a few restrictive withdrawal limits to its users. Is it true that there are even exchanges which don’t even allow users to withdraw funds? The fact there’s so much variety when it comes to exchange platforms only makes my decision harder. With all these factors taken into consideration, I’m on the lookout for an exchange that’s worth its salt – without putting all my funds at risk, you know? So… in a nutshell I want to know more about the best crypto to fiat exchanges, the withdrawal limits they have etc etc… I’d appreciate any helpful info you can give – thanks guys!!

The quickest and easiest way for you to convert your BTC to fiat would be through a peer to peer platform, whether LBC, Paxful, Bisq, etc. They have decent rates that are relatively close to spot, with a variety of payment methods, all the while you are protected by escrow.

If you are willing to verify yourself and submit certain identification documents, then you could potentially use a regulated exchange to cash out. There are plenty of options on that end, and it will depend on where you're located, but globally, Kraken, Bitstamp, Gemini are some of the ones that have a solid reputation.

For short term trading, you might look into stablecoins as a more convenient way. Though I don't necessarily recommend it even though you don't need to submit verification on most exchanges in order to cash out this way, because they may run on fractional reserve.
2208  Economy / Economics / Re: Bitcoin can be gainful for a deplored economy. on: April 26, 2019, 09:45:49 PM
I think that this is one of the things where bitcoin can really make an impact, on a grassroot level.

There are countries previously hit by hyperinflation where its citizens were essentially forced to either barter (which is extremely inefficient), or transact with worn and torn dollar bills that are incredibly hard to obtain and were often illegal. Just look at Zimbabwe, and Venezuela in recent memory.

BTC not only can be used as a store of value in these times when a fiat currencies have collapsed, it can also function as a currency, which is something that gold and silver can do but doesn't do as well as bitcoin given its inconveniences.
2209  Economy / Exchanges / Re: CEXs & DEXs on: April 26, 2019, 09:23:01 PM
Because there are people who simply don't get what they look for in DEXs.

Centralised exchanges are still dominant because AFAIK, there is no decentralised way of exchanging cryptos to other cryptos on a cross-platform basis, nor is there a way to somehow interact with fiat transactions in the same trustless way (you could possibly integrate a stablecoin/token, but that's still not trustless).

I do see the issues in terms of the risks with storing funds on a centralised exchange, however, which is why I think that in the future there will be space in the market for DEXs. But right now, there is simply not enough liquidity nor enough awareness about these markets for it to be feasible on a large scale.
2210  Bitcoin / Legal / Re: Indian regulators have procrastination? The cryptocurrency ban has not lifted on: April 25, 2019, 11:12:34 PM
Quote
Since then, the government and the Supreme Court of India have been arguing over whether the ban is appropriate. They plan to hold hearings, but the key decisions are delayed.

I doubt that even if there are arguments as to why bitcoin should be legalised, and in fact, regulated, the Indian government has already done too much to stop and completely their stance on crypto at this stage.

It's very likely that they will follow through with some sort of legislation banning the trading of bitcoin or businesses dealing with bitcoin formally in the near future, much more likely compared to the possibility that all of a sudden, they'll shed a positive light on bitcoin.

As others have said, the delays should be expected, since it is a part of the objectives of the government at the moment until formal laws come out. Nothing surprising here.
2211  Bitcoin / Press / Re: [2019-04-13] What Russia’s ‘Digital Iron Curtain’ Means for Bitcoin Users on: April 25, 2019, 11:06:44 PM
I really don't think that it's going to do much at all.

It will certainly hinder on the convenience, and if they were going to make this move then potentially they are planning on driving out certain bitcoin third party service providers as well, which would lead to a decrease in the numbers of formally registered bitcoin related businesses within that area. But apart from that, individual use shouldn't really matter that much.

Unless they come out with something never seen before and extremely innovative, that is. But we have certainly seen similar stuff from the PRC where the effects didn't really discourage people from using bitcoin at all.
2212  Bitcoin / Bitcoin Discussion / Re: Yelp’s Bitcoin Filter Could Kickstart Weak Crypto Adoption on: April 25, 2019, 11:02:59 PM
Quote
Yelp’s move is reflective of a larger move that the crypto space has craved – mass adoption. Whether merchants are rolling out ways to draw in customers or demand to pay with crypto is on the rise, this is clearly a good sign.

It's not necessarily just mass adoption.

Right now, I'd say that adoption levels for bitcoin as a speculative investment are already quite widespread, while bitcoin's utility as a currency is still yet to be proven. Mass adoption as bitcoin as a medium of exchange and long term store of value is what matters most.

Although it may incentivise more merchants into accepting bitcoin as a payment option to gain more attention, I doubt that this is an initiative that is going to all of a sudden drive people crazy into adopting bitcoin and pay with it, it's not like people who had bitcoin didn't know where to find bitcoin accepting merchants in the first place. Mass adoption is driven by much more than a single company's decisions, though this is obviously welcome one.
2213  Economy / Speculation / Re: Bitcoin Breaks $5,600 As New Highs Are Achieved For 2019 on: April 25, 2019, 11:00:00 PM
It is all green once again across the top cryptocurrencies as Bitcoin crosses $5,600 for the first time in 2019, setting up the market for an upward movement that has been anticipated by many.
Read more here: https://www.cryptofish.com/blog/bitcoin-breaks-new-highs/

It's not a surprising move, though what is surprising in my opinion was the fact that the rest of the cryptocurrency market crashed while bitcoin rose in the past few days. Bitcoin dominance has always been seen as something that drops in bullish scenarios, yet right now, it is climbing.

The correction that has happened in recent days was also expected, simply because of the level of growth that was seen in the past few weeks being unsustainable in the medium to long run.

We will likely see the $5k support being re-tested, though I think that it'll hold up relatively well because it has been tested before already and psychological factors there will play a big part in keeping prices above that level. I'm still expecting sideways movements and occasional dips for now.
2214  Bitcoin / Legal / Re: First enforcement action against a peer-to-peer virtual currency exchanger on: April 25, 2019, 10:54:35 PM
Quote
Mr. Powers sold/bought some Bitcoins via personal, through the mail, and by wire through a depository institution.

Where he made more than 160 purchases of BTC through in-person cash transactions in public places such as cafes. In addition to some illegal activities such as the use of Darknet forums "Silk Road," without verifying the identity and checking funds.

It might be FinCEN's first crackdown on these P2P exchangers, but it's certainly not the first time that it's happened.

There has been plenty of instances in the past where LBC sellers have been convicted due to the fact that they were selling conducting extremely large trades while never asking for KYC, nor reporting to the financial regulators.

It's interesting though that this guy got off with a fine and a probation, while others have been sentenced. Perhaps it's a difference in scale. Also, it seems like that advertisers, or "makers", are the most prone targets, while the responders of these ads are not really at risk.
2215  Economy / Securities / Re: Deep dive into real estate tokenization including regulatory/legal concerns on: April 25, 2019, 10:49:25 PM
It's an interesting concept for sure. I remember Jackg raising something similar.

I still think that there are issues in terms of how this is going to work internationally, if a loan does enter default status, who is the person that is going to take that collateral which is the real estate itself and liquidate it? If investors holding the token are all overseas, that is.

Also, who these tokens can be offered to as an investment also needs to be considered from a country standpoint. Different countries obviously have different securities regulations.

I do struggle to see an exchange for these tokens developing with sufficient liquidity, though a platform like that itself is obviously possible from a conceptual standpoint. Practically though, the orderbooks will most likely be quite empty for each token, since they're not necessarily fungible with one another even with the same interest rates.
2216  Bitcoin / Bitcoin Discussion / Re: How huge is the job of the legislature in the improvement of Bitcoin? on: April 25, 2019, 10:41:17 PM
The administration assumes an imperative job in the advancement of Bitcoin in a nation. For instance, an administration declares that it will acknowledge Bitcoin in that nation, so I'm certain the improvement of Bitcoin in that nation will be quick!
What do you think, the Government or the network who assume a critical job in the improvement of Bitcoin?

If there are positive legislations implemented in a particular nation, then it would be no surprise if bitcoin activity surges within that region because it essentially incentivises bitcoin businesses to set up shop within their jurisdiction to take advantage of the positive legislations.

However, as to the actual improvement of bitcoin, I really don't think that legislations are going to do much. Development isn't dependent on a government agency co-operating or stuff like that.

If you're talking about the other end of the spectrum where governments can choose to ban bitcoin, then again, businesses are what is going to be affected, not bitcoin itself, since it is decentralised.
2217  Bitcoin / Press / Re: [2019-04-25] Bitcoin Economic Activity Now 30% Higher Than At $20k Price on: April 25, 2019, 10:32:49 PM
There has obviously been a lot more adoption that has happened between the 2017 bull market, and now. Given the time alone, it should have told the exact same statistic.

Even though prices were down, institutions were still starting to enter the market, and now that the market seemed to have entered another phase of bullishness it's really no surprise that activity is substantially up.

Though, I'd be cautious of using this as a tool to predict what will happen in the future. All that this says is that adoption is likely increased, and since deposits/withdrawals to trading platforms constitutes a major part of the transactions on chain, trading activity is also up. It doesn't necessarily say anything about what holds in the future, especially in terms of short term market outlooks.
2218  Economy / Exchanges / Re: Bittrex locked me out on: April 25, 2019, 10:25:32 PM
I have had  the legacy account for years.
Bittrex locked me up about a week ago, so I made a successful ID verification, but I refused to make an extended KYC verification. They want a photo of my face along with the ID, but I disagree with it.
My argument is that they don't have my permission to own and keep my photo. From my point of view, it is a great risk to give them such a picture.
https://medium.com/@wilderko/how-does-kyc-aml-pose-a-serious-threat-to-your-privacy-and-should-not-be-used-at-all-88f7acd3f3b

I wanted to terminate account, but they always reply with asking for that photo.


So today they asking for our face photo with ID, and next time they will want maybe our DNA or other biometric identification. Who knows.
I don't understand how they can rob people in this way.



It's certainly something that has had to be dealt with by a lot of old Bittrex users.

I personally have always believed that Bittrex and Poloniex should have allowed legacy users to terminate their accounts and withdraw their funds if customers chose to, without necessarily having to verify their identities.

Bittrex seems to be taking another stance on the matter with enforcing KYC nonetheless. You could try doing some more arguing with the Bittrex support, but if they insist on you completing verification, there is really nothing you can do on your side to avoid it, unless you want to forgo your balance. But that's the risk that comes with storing funds on an exchange - you never know what's going to be the next policy in terms of verification.
2219  Economy / Speculation / Re: "RIP bear market" on: April 25, 2019, 10:20:05 PM
This is not an advice to invest but for those that are an experienced traders,  I think we should buy early before the institutional investors jump in!  Happy bull market to all of us!

I think most institutions have already established their positions some time through the bottom of the bear market, if they have taken out any.

That's when the smart money goes, in the middle of the bear market. Because of how bearish the market sentiment was at the time that kept prices so low for accumulation, the smart money would have certainly recognised that.

Personally, I do think that this is still somewhat of an accumulation zone for investors. Doing dollar cost averaging right now when prices are still under $6-7k could prove to be extremely profitable in the future when the bull market emerges (which I don't think is the case yet, despite the recent rises).
2220  Other / Beginners & Help / Re: Convert Google Play card on: April 25, 2019, 09:52:00 PM
OP, you have two options. Either go with an exchanger on forum with the currrency exchange section, or go with a P2P exchange and find a reputable seller. The rates you'll find significantly higher than spot for any type of gift card, because how illiquid they are, but you just have to live with that.

Either way though, make sure that you are protected via escrow every step of the way, and don't close the escrow until the buyer releases the coins.

Can I transfer my Google Play credit card to Bitcoin please help
Why don't you try redeeming it for cash and then buy out bitcoin? For now bitcoin is not yet acknowledge by google as a form or options for payment. So, the best way to convert that to bitcoin is to redeem it first then buy out bitcoins through exchange. Most exchanges are accepting fiat money to for you to buy bitcoin.

Google play cards can't be redeemed for cash. That's the reason why there is such a huge spread on p2p platforms for these things.
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