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2381  Economy / Economics / Re: Biden's IRS Plans Could Boost Crypto Adoption on: April 28, 2021, 11:51:42 PM
I see it from the other side, which is that the United States will appear more tax hawkish, which means that more restrictions will be imposed on the sale and purchase of cryptocurrencies, and thus more laws will be legislated to obtain more tax money.

They do already seem a bit like that though to most European countries where taxes are said to be a lot easier to file (I haven't filed in the US obviously but in the UK you put in your taxable income, taxable capital gains and they work out everything else for you).



I'm not sure how accurate it was but I saw reports the Donald has reduced tax investigations on wealthier people and left the ones on less wealthy people the same - but I think he also reduced tax to their lowest rates for everyone.

Is the cover for overseas bank accounts also Wink? Another way around this could be getting a bank account offshore that accepts usd or converting to eur/chf.
2382  Economy / Economics / Re: Using Blockchain to run economies on: April 27, 2021, 12:02:37 PM
There is a problem with this that currently needs resolving through centralised solutions imo.

First, what if you pay a driver and they don't turn up? Who audits your review and makes sure you're not just tainting their name?

Otherwise, what stops you from getting continuous free lifts by claiming your funds back.

Even an escrow, unless centralised, may be bribabale.
2383  Economy / Speculation / Re: Will Bitcoin do the same scenario in 2018 ? on: April 24, 2021, 05:43:44 PM
I'm sure there was a slowdown in 2017 and a reaccumulation phase...

September's coming to mind but I'm not sure why.



Just checked the chart and I was right. In August we rallied higher, up to £4000/$6000 and then in September we closed at £3000/$4000 before rallying in the next month to a new ath around £5000/$6500.

(conversions from gbp are being used because they have longer continuous charts that are easier to find)..



Based on more accurate ratios than those, the bottom would actually be around here... Might be a bad idea to sell now.
2384  Economy / Trading Discussion / Re: RIP Stocks on: April 24, 2021, 05:17:51 PM
Do you understand the risks you're taking on by doing this? I'm 89% crypto because of its growth (I was 4:1 stocks:crypto to start). I think you might be better off doing something like that to manage your risk if you think it'll grow well.

There's a good chance it'll keep growing until November, but it's quite a high risk investment.

I've been looking at robotics etfs and they look to have managed doing 40% for 66% of the years since 2010 and - 20% for the rest. If you're comfortable not constantly checking profits then you're probably fine as long as you're confident though. Cryptos have their challenges but they're ultimately where the economy/population/companies will likely turn - invest based on fundamentals though and where large companies are moving.
2385  Other / Beginners & Help / Re: Will I get banned for posting multiple ANN threads in different languages on: April 24, 2021, 02:04:32 AM
No that's perfectly fine to do. As long as they're translated and understandable. I'm not sure, for example, if you'd be able to post something on the Indian subforum in English and on the main board.

I don't think you're allowed to make a topic in the "other" section though - if we don't have a language you want.
2386  Other / Meta / Re: 15 days ban on: April 24, 2021, 12:21:42 AM
Can you post the post that got merited and then deleted so we can try to work out what happened?

I doubt a ban can come because someone asked for it, mods normally review evidence on their own and give bans based off their own opinion.
2387  Bitcoin / Bitcoin Discussion / Re: Bitcoin on TV? on: April 23, 2021, 10:10:46 PM
I don't think bitcoin should be marketed on its own on TV.

It'd be up for something like an etf such as greyscale to invest in.

If you introduced bitcoin in ads its not very forgiving and, even if accepted by the TV channel, would probably be bad for its sentiment too due to it being kinda hard to understand how to use.
2388  Economy / Trading Discussion / Re: I can never get my price :( on: April 23, 2021, 01:02:32 AM
I'm not sure if I'm not understanding you or if you're not understanding me. I predict the price will drop and it does drop, but because Bitcoin is constantly on the move sometimes I don't buy the crypto for the price that I really wanted.

Ahhh I've reread your post and I got it wrong first time. I'm thinking you've set some sort of stop order that triggers when a price is below a certain amount tnd that's what's getting you.

Your history should say the price things are bought for though and the type of order you've placed if you can share those two things.
2389  Economy / Trading Discussion / Re: Is there a way to know if the next funding rate is going to be a plus or minus? on: April 23, 2021, 12:59:55 AM
I've assumed it's a positive rate for one and 0 for the other (one pays fees, one doesn't).
It could be that the two are an inverse though so that one is positive and one is negative (you don't actually see 2 funding rates on exchanges normally either).

Predicting the rate could be done by checking the volume/volatility at the time and checking the shorts v longs data - if these both update in realtime.
2390  Other / Meta / Re: :Bug? on: April 23, 2021, 12:37:21 AM
With permission let me quote:

Quote
Not a bug. Certain bbcode tags are disabled when there's "sesc" in the URL, to prevent this from being leaked in the referrer header.

This was the incantation I was told.



Whenever you do something on the forum it's passed as arguments to one file (index.php). Look at any page (other than the title page) and you'll see it occurring after the document in the Web Address in the form variableName:value;

For example my current link is:
https://bitcointalk.org/index.php?action=post;quote=56842252;topic=5331210.0;num_replies=6;sesc=whatDidYouExpect

I assume the sesc links to the session cookie or something (the number you're assigned that your browser remembers when you login).

Header looks to be a function you can call from the command line and I assume that means it can be called by code in an image file if Theymos' filter has a breakdown.
2391  Economy / Trading Discussion / Re: I can never get my price :( on: April 23, 2021, 12:23:24 AM
Are you putting in these orders based off any analysis or hope. If it's analysis then a lot of markets (almost every market) has quite a few "fake" moves where [a] large buyer(s) put in an order that pushes something in a certain direction. This means that there's a good chance the order will execute at the price you want it to.
2392  Economy / Economics / Re: First UK Bank Bans Businesses Accepting Bitcoin on: April 22, 2021, 04:55:20 PM
Maybe they bought some coinbase stock Grin (or want to) .

Banks are weird old structures that probably fear the use of cryptocurrencies as they may be able to push them out of the sector when fees become reasonable. Some banks are trying to adopt and use crypto and others just seem to be trying to make things more difficult to use.

In reality, the only people that can stop crypto have too much control over the market that they'll be forced to split (VISA). I'm not sure how far they are from an investigation into being a monopoly but I imagine they're trying to look fairly neutral to most things.
2393  Economy / Service Discussion / Re: Is there any minimum amount of budget which should be paid in btc campaigns ? on: April 22, 2021, 01:31:33 PM
I think the general consensus is you get what you pay for.

Sure you can pay tiny but you have to compete with others. A campaign advertising an ico offering $1k to peoplewho posts about them can be a lot more selective than those who don't.

A 1k follower and following twitter account for example with artificial followers don't have to care about followers leaving so can post 20 $5 campaign posts. A person who does and has a large following might make one or two campaign posts and get paid a much higher rate.

On this forum, a lot of companies pay for representation and a strong positive sentiment in the forum. Sites like yobit have, in the past, been temporarily banned from advertising here due to not moderating their posters - I think they may pay the highest rate per post now though so...
2394  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Selling my ETH wallet with about $200 worth of tokens inside, offers welcome on: April 22, 2021, 01:25:54 AM
Sent you a message on telegram.
2395  Economy / Economics / Re: World risk - global on: April 20, 2021, 12:15:16 PM
I think it's already there as "cybersecurity failure".

That's also one of those diamonds that looks like it's both too high and too low and should probably be split into finance and other infrastructure.

I'd have enough not in crypto to be able to trade my way up to what I've got over the course of about a year - diversifying isn't just assets, it can be skills too...

2396  Economy / Economics / Re: How is it supposed to be alt coin season after bitcoin falls? on: April 20, 2021, 03:54:10 AM
No one was saying we were at the top at $65k. It's always when the price drops a little people start to get a little agitated.

If this was the peak of the market cycle, very unlikely, then we're in luck as its one of the most stable peaks we've had! We haven't even broken out of the trend line we've made over the past months yet too so...

I think alts peaking after bitcoin peaking was merely speculation and might only have happened last time? There's potential some investors move away from bitcoin as it crashes as they're not as related to it anyway - different models and gaps they're trying to fill as you've said - and some investors might get distracted by other stuff as the price falls and panic invest into something else.
2397  Economy / Speculation / Re: What Could Have Caused Bitcoin to Flash Crash On Sunday? on: April 20, 2021, 03:46:59 AM
There were two main theories I saw.
One was that mining rates dropped due to flooding in China which temporarily took out ~10-30% of the total hashrate.

The second reason was due to a funding rate indicator on leveraged positions that said there were a lot of longs open and a high funding rate for shorts (meaning short term shorts were paying people to open them and leave them open). I assume that could then build into a bias if the market starts to get a bit stagnant.
2398  Economy / Economics / Re: an economic thought experiment on: April 20, 2021, 12:55:00 AM
I made a thread similar to this (it was on money being just an arbitrary number) and I'll link to extasies reply which I found interesting (they mentioned buying based on their salary): https://bitcointalk.org/index.php?topic=5244297.msg54320691#msg54320691

A trillion and a billion are really hard for most to conceptualise and I think this is a problem. Go back to 1950-1980 and tell them you can do 32 billion adds a second on the phone in your pocket and se how they react...

I think if we were measuring things in mbtcs, Satoshi's or bits on exchanges, people would be buying more - $50 feels cheap for a full unit of a currency (traditional uk/Roman pounds are worth around £320/it's just a pound of silver). Bits are 6 cents too so that'd feel even smaller..

Kröna in Sweden and Denmark are also worth about 1/5-1/10 of eur/gbp so the differences in spending habits based on psychology of values likely could've been studied somewhere.
2399  Bitcoin / Electrum / Re: How do I double spend using electrum for fix unconfirmed transaction? on: April 19, 2021, 06:49:21 PM
You can instead just select the transaction on an online version of electrum, right click it and select "bump fee" which will open up a window to allow you to increase the fee and broadcast it.
2400  Economy / Economics / Re: Government policies help to grow the price of bitcoin on: April 19, 2021, 04:27:35 PM
what do you think

You're going to have to offer some examples on this. I'm not sure what you're getting at, there are too many ambiguities. Perhaps you could link to some direct legislation and explain their effects?
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