Bitcoin Forum
June 01, 2024, 07:16:55 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 [124] 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 »
2461  Economy / Exchanges / Re: Some problematic things about Coinbase on: November 21, 2019, 06:02:25 PM
Just a few things about using Coinbase.

1: Don't use Coinbase at all
How is this a few things lmao. You literally bashed and warned everyone to stop using Coinbase the very first moment you listed these few things of yours.


2: About the verification
It is recommended to not use your IDs to verify on any website. Same goes with Coinbase. Sharing your IDs could lead to an identity theft.
Yes, you don't need to use your ID. but you didn't really need to specify it to Coinbase. Literally everyone should avoid it at ANY site or exchange there is. As much as possible that is.


3: About transferring big amounts
Sometimes Coinbase assumes your account might have some unusual behavior. So it may interrupt any transaction and can even ask for confirming your identity.
Once I deposited $600+ there. When I tried to transfer the coins, they refused to process the transaction. They sent an email stating my transaction will be done in 72 hours automatically. I cancelled the transaction. But it went through when I tried to send the money from the Coinbase app. I don't know what was the difference there.

It does require KYC, so honestly not that surprising they wanted to check on your transaction and identity first. What I don't understand is, how did them stating that the transaction will be done in 72 hours become refusal to process the transaction? Did their site actually popped a message refusing your transaction? And then you suddenly received an email about it?

PS: I ain't defending coinbase or anything, just that OP's calls are a bit too vague and honestly, who doesn't know how these exchanges work.
2462  Economy / Economics / Re: Crypto is changing the personal asset management market on: November 21, 2019, 05:11:10 PM
Great article. Had a few great whoa's when I read it. But I doubt you could call a problem that could be solved with time a problem at all? Like, A situation without a solution yet, that can be called a problem. But a situation which can be solved in just a matter of time? I don't think so. And another point, most investors are actually just there because they believed BTC was a quick buck, with the ATH in 2017. That was why a lot of investors suddenly entered the market, but then it dropped and dropped and reach $3-$4k and well, I'd suppose those looking for a quickly were quickly disappointed. Still, there's still plenty of time imo, but preparing for it early isn't really that bad as well.
2463  Economy / Speculation / Re: Never below 10K again... well that didn't stick - Food for thought on: November 21, 2019, 03:37:59 PM
We can't really blame them though. Having the hope of reaching another ATH pushes the people to spread the word to others, infecting them with their optimism. Probably thinking that this could actually help in pushing BTC above the market. I was honestly one of those who HOPED for it to actually stay at the very least in 8k. Just went and checked it earlier and it already dropped to 7.8k. Was kind of lucky to sell my coins when it was still around 8.5k though.


Personally, I think it's really stupid to ever use the word "never" when it comes to Bitcoin, this is just one example that shows this.
Most of the still attractive market should never use the word never, and since BTC is still in its progressive phase, such a term should indeed not be used. It would most probably be more fitting when it is used once every BTC has been mined, creating a stabilizing factor for the volatility of BTC in the market.

2464  Bitcoin / Bitcoin Discussion / Re: Preparing for a recession... Gold or Bitcoin? on: November 20, 2019, 06:44:42 PM
I disagree - the next one might just kill the USD. And gold will be the only thing to save you.
Fiat will surely lose and gold will prevail since it always benefit with recession ,concerns and resulting risk aversion,  even called a safe haven for assets. It is performing well during the said tumes because people would prefer investing with hard and tangible objects affecting its demand positively, and holding stock assets would be riskiest during a recession because the stock market is highly sensitive than bonds and precious metals. Well, as for bitcoin, there are warnings that huge economic recession might weigh heavily on bitcoins price and might pull it back to the bitter bear market season.
2465  Bitcoin / Bitcoin Discussion / Re: Bitcoin scams and new Bitcoin users on: November 20, 2019, 06:31:37 PM
Bitcoin had a meteoric rise making it on the mainstream and capture interests of the masses including scammers. As bitcoin rises, the population of scam victims also rose together with it leaving most of us wonder why do people still get theirselves into such mess despite of the huge and loud call of awareness against them especially here in the forum. All kinds of people saw bitcoin's value bringing out both good and bad in human nature, and with the bad it showed up with scammers also wanting to profit out of bitcoin amd they mostly target innocent and gullible crypto users making them lose their coins, then include theirselves with the increasing list of victims.
2466  Economy / Economics / Re: The future of banking industry in blockchain on: November 20, 2019, 06:22:00 PM
Hey.
Yesterday I read an article about banks that began to use blockchain and there was pretty impressive list.
They're also described successful cases of using blockchain in banks (if you're interested - here's the article), so I may assume that using blockchain in bank's system is only a matter of time (and money, of course).

Now, the question: why it takes THAT long the smaller banks to go the same way and start using the blockchain?
Well.itvmught be because smaller ones thinks that they can't still afford what is. due with cryptocurrency especially with blickchain. Also, the government will interefere if blockchain would be in in terms of banking. There's nothing sure but what's guaranteed is that the givernment might use blockchain, its not for banking since they will lose some authority over it and thats far from what they wanted they might use its technique while banking, tho.
2467  Economy / Economics / Re: What will happen to Bitcoin if there is a global economic crash? on: November 20, 2019, 05:52:01 PM
Up until now there hasn't been any proof saying that there is a connection or correlation between market's stock and bitcoin. A solid and accurate prediction cannot be considered. But technically looking at it, cryptocurrencies are mainly used as a store of assets so bitcoin is really highly inflation resistant. If global economic crash happened, it is more likely that the stocks of the market will also crash, but since there isn't any proof of the two's correlation, bitcoin is free from the worries of the economy. So if a global recession took place, it's still tentative if people would see it as a safe haven, refugee, and a chance to avoid their money being affected by the global recession or would they see it as another risky investment because of the uncertains.
2468  Economy / Economics / Re: What are some not so obvious things that damage a country's economy? on: November 20, 2019, 05:18:10 PM
Things that damage the economy indirectly.

For example I feel that fast food and an unhealthy lifestyle leads chronic health problems that probably affects the economy not just monetarily.

Of course we can't just deny these people care, just promote a healthier lifestyle.

What are other things that we can change that will affect the economy in a positive way?
Negligence, no one notices it and no one even thought of it. People are so blinded and so used to their "I won't do it, someone out there would do it anyway" mindset and its slowly eating up the whole society like a cancer. If we'll start looking on the smaller picture, for instance an individual who constantly thinks that their vote won't be of any effect because they are thinking that its only one vote, but then on the bigger picture there are lots of them who thinks the same way making the country lose thousands of votes which could've done something positively only if they didn't neglect their voting responsibility. This is only one of so many instances where negligence is the one that is accountable for big failures.
2469  Bitcoin / Bitcoin Discussion / Re: IMF response about Bitcoin on: November 19, 2019, 06:32:29 PM
The IMF (International Monetary Fund) said a few days ago that bitcoin is very dangerous because it can disrupt global financial stability. What do you think about the IMF's response ?
iMF didn't only see the risks that bitxoin has, they also saw the good side in it, that bitcoin and. its underlying technology offers benefits to the economy. But what IMF is being really concerned about is that, this major cryptocurrency could be a vehicle for major money laundering because of its untraceable, distributed and decentralized feature. Well, I highly understand that they want to harness cryptocurrency but can't allow it to be a safe haven for illegal activities. Governments are hardly battling with economic issues especially about money laundering causing governments money to the wasted over some schemes.
2470  Bitcoin / Bitcoin Discussion / Re: majority of blockchain project has lost focus on: November 19, 2019, 06:22:37 PM
why many of so-called blockchain projects these days are scammers, is this was motive behind the technology? many real investors are not confident to participate due to fake blockchain projects all over the internet.

what are your views

Blockchain's popularity is obviously being used by scammers to manipulate people. Blockchain is a very powerful tool that is backed by its smart technology. Because of blockchain's popularity and good economic help, scammers knows that they would catch investor's attention and interest if blockchain would be involved with their project, because of that, blockchain which is kniwn to be an epitome of security is being ironically used for something itbwas made against for.
2471  Bitcoin / Bitcoin Discussion / Re: Croatian post office now offer crypto exchange on: November 19, 2019, 06:15:53 PM
Well, this is only a pilot service launched in three post offices in the coastal town in Zadar which is a spot for tourists. Croatian post plans to launch a nationwide crypto exchange as a step of onnobatiom for their company and do some.things digitally. The pilot which allows cryptocurrency to be converted into Croatia's national currency which is HRK, comes with their collaboration to Croatian electro brokerage and payments firm Electrofirm which operates already for five years. If pilot service became successful, croatia might roll it out to all major towns and tourist spots at croatia.
2472  Bitcoin / Bitcoin Discussion / Re: China's President Xi Jinping VS Bitcoin on: November 19, 2019, 04:29:38 PM
Goverent, especially China's arent interested in anything they can't put authority so there's not a chane that they would create a perfect alternative coin that can dethrone bitcoin. Just the fact that they can't let anything decentralized be on their way, is a fine imperfection. China is mainly interested with blockchain technology, being a digital ledger that records transactions across many computers so data cannot be altered if not altered by other blocks, might be the reason why China is so accepting of it and not because they want to develop a new altcoin that would compete and try to bring bitcoi. down.
2473  Bitcoin / Bitcoin Discussion / Re: Bitcoin and quantum computing dangers on: November 18, 2019, 05:32:40 PM

How serious is the threat that quantum computing poses to blockchain technology, and what can be done about it?

The science of quantum physics is being used to build quantum computers–powerful machines that have the ability to solve incredibly complex mathematical equations much more quickly than even the most advanced computers available today.

As such, any data that’s encrypted using mathematical equations–including banking data, intelligence data protected by the government, and encrypted messages on cell phones–is vulnerable to being exposed by quantum computing. Most notably, in this case, encrypted cryptocurrency data–such as private wallet keys–are also vulnerable to quantum computing technology.
Is Bitcoin doomed?
This topic has been discussed lots of times here in the forum and answers differs all the time. But well, I don't think bitcoin enthusiasts and bitcoin doesn't have to worry and be threatened about quantum supremacy that google claims they've already achieved. Yes, there is a possibility that the quickest computer could decrypt whatever's encrypted with regards to bitcoin, but quantum computers isn't made for that. People who are in-charge of handling it uses it for research and matters that is more than destroying bitcoin, so if there is somthing to be worried about, its something with regards to the intention of whoever is in-charge of the quantum computers.
2474  Bitcoin / Bitcoin Discussion / Re: Would it be possible to use Cryptocurrencies in China? on: November 17, 2019, 06:44:58 PM
Recently, I heard that China banned holding cryptocurrency and cryptocurrency transactions, so does that mean that having cryptocurrency in China would be a criminal offense? Moreover, why create such a ban in the first place?

China's news recently has been about China's appreciation with blockchain technology and their plan of using it and launching some projects that is blockchain related. Not just that, the president also appreciated and been warmed by bitcoin since its biggest successful application of blockchain so Chinese officials quietlt removed the business of making and other altcoins on the list of industries that Beijing is trying to outlaw.
        Beijing is open in accepting and using cryptocurrency only in a way that they can control, it still has to be in moderation since as of the moment bitcoin only has the support and the impression but isn't actually announced to be legalized and openly accepted.
2475  Bitcoin / Bitcoin Discussion / Re: Does technical analysis have any value for Bitcoin? on: November 17, 2019, 06:29:59 PM
Well, technical analysis might not give a hundred percent accuracy, it still provide help in decision making while trading especially in knowing when to do enter and make exit points. This trading strategy is employed to evaluate investments and evaluate trading opportunities using history or past trading activities that can be seen on charts. Its nature of predicting security future price movements based on past patterns of price movements using both behavioural economics and quantitative analysis, it provides data that willl be use by traders to identify profit.
2476  Bitcoin / Bitcoin Discussion / Re: Bitcoin Friendly City on: November 17, 2019, 06:03:37 PM
I was actually expecting Japan as before those guys had good feedback about bitcoin but then I guess other countries like Israel had taken it away. I must say that the adoption in these 10 countries was insane, I mean look at the numbers, it tells everything.

Bitcoin has been around for more than a decade now, but it still has not reached global acceptance as a method of payment that many early adopters had hoped.

Well I guess, we need another decade or perhaps even more for us to reach this.

Japan is really a highly accepting country when it comes to bitcoin, in fact Japan didn't backed down and abandoned bitcoin despite of the move of the other two asian countries against it, specifically China and Korea. During those times when China implemented the banning and usage of cryptocurrency on their country and Korea prohibiting anonymous transactions, Japan remained unbothered and unshaken.
       What I think became the reason why Japan isn't included to the list of the most bitcoin friendly country imspite of their good reviews and adoption to it, is because they only have few bitcoin ATMs on their country.
2477  Bitcoin / Bitcoin Discussion / Re: China’s Digital Currency Will Allow Consumers ‘Controllable Anonymity’ on: November 17, 2019, 05:33:30 PM
These things just don't add up, it's not possible to have controllable anonymity, especially if it's a centralized system, all the cash and other payments they are talking about could all easily be traced.

While they do look like they are doing a good job with not giving the government complete control over the coins, I don't think a lot of people believe them when they say that..
I think they are just sugar coating the fact they still want to have some control over people's money with their so-called "Controlled anonimity". Anonymity is being totally anonymous to any one, so the essence of it will be gone since the authority could still have access with it.

           On the other hand, China is known as a country with high and strong concerns about security within their reach especially in terms of financial aspect. so their proposed stable coin project that was said to have the balance of privacy by not seeking full control over user full details and fulfilling authorities is not getting too far from their image amd is mot surprising, but I don't think what they are saying about not having full control ober users details will convince their citizens enough.
2478  Bitcoin / Bitcoin Discussion / Re: Google possesses threat to bitcoin. What do you say? on: November 17, 2019, 05:20:56 PM
Quantum supremacy was a lie or a failure attempt. may be they failed to break cryptography but they showed potential risks and whole crypto industry suffered. Now, google is here with smart checking bank account by google pay. And again bitcoin or other crypto giants will have hard time. Crypto provides security, can secure privacy, giant like amazon, twitter and apple are supporting crypto. Yet only price speculation is only factor that effect the crypto price, it seems.
What if google attracts millions of new investors? what if crypto fails to attract investors? Google may make the path harder
This project is called "Cache", its only a checking account and is planned to be launch by google next year. It only offers to help make money simple and accesible for their potential users, meaning customers will likely benefit by getting better access to payment technologies and give them the benefit of convenience. So of there would be someone who would likely to get threatened those are the third  party payment apps like paypal, apple pay, and VenMo because this ñroject only aims and offers a better cashless transactions, don't have any say about the decentralized feature and being censorship resistant that bitcoin totally has, so I don't think this would make investors abandon bitcoin.
2479  Economy / Reputation / Re: Are the campaign managers doing the job correctly? on: November 16, 2019, 11:24:32 PM
I'm not sure this is the right place to post, if not please move it to the right board.

I'll keep this simple. Projects pay the signature campaign managers and participants to promote them in the forum, they will not pay you willing for not promoting them.
I see that one of the most reputed Signature Campaign Managers seems to be paying a particular participant for severals weeks, who has been making posts only in sections where signatures are not shown. I am not sharing the names because the campaign rules doesn't say anything about posts made in sections where signatures are banned.
This particular user has been making below average posts in sections where signatures are not shown. So my question is why pay him, when he is not promoting the project, as supposed to be.  Are the reputed campaign managers doing their job properly?
There are campaugn managers that usually does theur job right by banning the participants right away if they posted a one liner content, low quality posts, shows neg representation of the campaign for instance, promoting scams and such. There are also campaignnmoderators or manager gives warning before anything else.
      Well sometime the irresponsibility of the participants about what they are doing for the campaign is really within their acccountability, its jus sad that it wil reflect the campaign manager's way of handling the campaign and its members.
2480  Economy / Trading Discussion / Re: Daily trade Vs long trade on: November 16, 2019, 11:15:43 PM
I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.     
Since day trades that lasts for seconds and  takes advantage of the short-term fluctuations of an asset's price, I think what suits you best is day trade since you are a beginner, because the positions are opened and closed within the same day so as a beginner you will be anle to see what you worked for on that same day. While long trade needs to be managed for months and years so if  a beginner will do it I don't think you'will find the will to finish or continue it.
Pages: « 1 ... 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 [124] 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!