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2481  Economy / Exchanges / Re: Banks, Exchanges and your Privacy on: January 27, 2022, 10:18:38 PM
Securing one's privacy is one of the major concern of individuals in cryptocurrency, it can be noticed that some exchanges do make use of commercial banks or vise-versal the banks making use of exchanges and this has impose lot of loopholes of security bridge into one's personal life and privacy.
I think the first driving force of Bitcoin and Crypto is its decentralized nature, to take that away will take away its value. This is why it is important to make your research and understand the rules written out by these exchanges in their T&C before you start trading your coins. If want your privacy secured I will implore you to use peer to peer based exchanges to ensure that you are not exposing your identity or anything. These days, there are enough P2P platforms are available everywhere and you you can choose one based on real time reviews by trusted high rank forum members.
But using this way will have a risk, same as the CEX so you need to think about which one you can feel accepted. But I will choose CEX from DEX because CEX can help the member's privacy and we can still use local sellers that can help us be the bridge when we make a transaction. They can send the money without us being involved in the banks and the banks only know that the money comes from someone's account. So before you get involved deeper in crypto, you can search for more info about how to use the exchange for your security and privacy.

Although Dex gives quite convenient but we know this is more riskier than CEX so I also rather choose this even if they require KYC since I really don't get a damn asking my personal information if the exchange is reputable since I don't have anything to hide nor do any bad from the past so for me its good that an exchange comply with the law if government required this to them since this give us additional layer of security that this exchange will scam their costumers.
2482  Bitcoin / Bitcoin Discussion / Re: IMF urges El Salvador to remove Bitcoin as legal tender on: January 27, 2022, 12:49:08 PM
IMF flexing thier muscles to a country that is trying to BTC as curreny

https://www.bbc.com/news/world-latin-america-60135552
https://www.voanews.com/a/imf-urges-el-salvador-to-remove-bitcoin-s-legal-tender-status-/6412887.html

It shouldn't be an issue for IMF after all El Salvador still is currently using USD. They are not totally trying to forget USD so it shouldn't make them mad aggressively. IMF is just urging the country to remove BTC as legal tender. If Bukele doesn't listen, it will turn into a warning. This will be a test of how long IMF can stretch their arms to strangle Bukele.

This is issue to them knowing that there are countries that look at it to make bitcoin as legal tender to their country so I guess this is simple message to other country that they shouldn't try to follow what El Salvador did since they will face the same consequences on what they plan to do with them if El Salvador governmemt will not follow. Hopefully they can come up with better agreement and bitcoin will not be eliminated as legal tender on their country.
2483  Economy / Gambling discussion / Re: Gambling In Crypto on: January 27, 2022, 11:32:52 AM
Recently I have started to gamble with crypto, and other coins. Looking to speak with anyone who has had similar experiences. I find it much more effective than gambling with fiat. Let’s use this thread to discuss pros/cons and how us users can improve it!

Thanks!

Effective in terms of?

If Convenience is that you meant then yes, its more easier to gamble with crypto also you can gamble without KYC on most of the casinos but in terms of winning it doesn't depends on crypto, your luck decides it.

It's understable that many expect to earn while playing but in reality we might struggle if we always into profits. But we cannot also say its more easier to gamble online since maybe for now KYC has not been mandatory but for sure if there's regulation happened with reputable casino we will experience this so lets expect that this will happen knowing we might face this once the casino notice something strange on our accounts. Also in terms of winning all will matter on our luck since we cannot guarantee to win always by using crypto.
2484  Economy / Economics / Re: Are Institutional investors changing the Bitcoin price behaviour? on: January 27, 2022, 10:13:01 AM
Will Bitcoin still be a Safe haven when institutional money takes over the majority of the ownership of bitcoins and these people start to manipulate it in the same way that they are manipulating other markets?

Let's discuss.

This is what is feared, but many hope that bitcoin always finds new investors. to me this is like a dilemma, on the one hand we need institutional investors to make the market grow rapidly. on the other hand they have the possibility to manipulate the market.

Bitcoin will always get new investors since we know many will grab its potential and this became so famous right now since it  change the dynamics a bit on financial system and almost all knows about it already. And although we need them but for sure time will came that bitcoin will go independently without anyone could possibly manipulate it since for sure in future it can stand on its own especially when many whales or big corporations are using bitcoin.
2485  Economy / Economics / Re: IMF urges El Salvador to remove Bitcoin as legal tender on: January 26, 2022, 11:50:30 PM
Quote
IMF urges El Salvador to remove Bitcoin as legal tender

The International Monetary Fund (IMF) has urged El Salvador to reverse its decision to make Bitcoin legal tender.

In September, El Salvador became the first country to allow consumers to use the cryptocurrency in all transactions, alongside the US dollar.

The decision led to large-scale protests over fears it would bring instability and inflation to the impoverished Latin American country.

Bitcoin has lost about half its value since November.

The IMF has warned President Nayib Bukele of the risks the cryptocurrency poses to the country, stressing that it would be difficult to get a loan from the institution.
https://www.bbc.com/news/world-latin-america-60135552


So, International Monetary fund demands that El Salvador remove bitcoin as legal tender, otherwise it refuses to give loans to the country.

They are doing so to protect the people, as bitcoin will "bring instability and inflation"

How come a deflationary currency will increase the inflation ? WTF!

they continue, saying that IMF wants to protect the consumers:
Quote
They highlighted the "large risks associated with the use of Bitcoin on financial stability, financial integrity and consumer protection" and with issuing Bitcoin-backed bonds.

We don't know what is good for us, but they know it.

They are threaten by bitcoin because they can't control it that's why this is not surprising on why they want to eliminate it on the country like El Salvador because they know if El Salvador will succeed on this they cannot use this country business and profits. Hopefully El Salvador will not be threaten and they can overcome the challenges what they face especially bitcoin is on bear market season these days.
2486  Economy / Trading Discussion / Re: A Newbie Needs some help :D on: January 26, 2022, 12:15:09 PM
Hello to everyone Cheesy

Seeing more and more crypto stuff makes me wanna be intrested in it ! But here it is, I don't even know where to start to make small profits Grin. I don't know wich youtuber I should follow because a lot of them are just a scam. I started by mining Flux, using Zelcore wallet few days ago ! If you're reading this, please come Discord or Instagram to teach me and introduce me to this beautiful crypto world :DDD.



Thanks a lot for reading this, I wish you the best Grin

DISCORD : Aperibulle#0998
INSTAGRAM : aperibulle
I don't think there is anything bad if you should learn here in the forum for there are so many you can learn here. If you are looking for experts I believe that is what brought you here and I see know reason why you should invite whoever want to another social media outfits.
Yes, in this forum we can discuss together about various things related to cryptocurrencies and of course that is a good thing for newbies,
most importantly don't be bored to learn and just enjoy it that way maybe it will make it easier

All stuff are here and newbies will be safe if they just read those information given by forum members. And its just they need to be more active to find the informations they want to know and also they can ask question on what they want to know since for sure they can get valid opinion from what are those things they want to go especially with investing their money.
2487  Economy / Gambling / Re: Very immoral marketing strategy. on: January 26, 2022, 11:06:02 AM
for each possible advertisement or streams that in relate with marketing but as a viewer/fan then we arent that dumb on not to notice things or could really make out some verification

first before do making some such step because we do have our own self will on doing things and not needed for some sort of those extras.

Man, i had seen drug advertisement on youtube few years ago  Grin
Here it, news about this case, but in russian (you need to translate a little bit) - https://vc.ru/flood/25751-youtube-hydra

So it's weird to ask Youtube for moderating of gambling advertisement in video, if it can't properly moderate it's own video prerolls  Grin
And i think, that Youtube do not want to moderate it. So, all hopes for the regulations.
Any persons that is waiting for the regulation of influencers content is wasting their time because Youtube are making their own money from content viewers which makes it difficult for such expectation. Individual gambling should take necessary precautions to avoid being scammed or interacting with fame projects.
What happens is that for there to be a regulation it is very difficult, since now it is not possible to determine what is a scam or not, because there is no regulation in this regard, and there are many complaints worldwide to regulate everything related to crypto , for example NFT games, because metaverses and games of metaverses are coming, many hope that there will be a regulation like there was with ICOs, but I think that this is not the solution because when there are regulations it is very difficult to adapt, there is a clear chance with the metaverses, just wait and see how they can handle certain vulnerabilities.

Back in the past on which people do really whine off about regulation about those ICO projects back in the past which it didnt really happen and now they are asking the same thing with the current hype and interest on the market.You wouldnt really be dumb on not to make out some research in regarding with these things and when you do see something which isnt out of your taste
then its not really bad to make out some considerations on making out some research first before dealing whether its regulated or not.

It would be the ideal thing to execute first before going on something but unfortunately majority has been drag on the platform because someone invite them in or they just see their ads about earning money for just doing simple things that's why sometimes research has been done by this people at the end. Also not surprising if there are people get hype for something related with winnings or gaining profits since this is human nature and people always want to earn.
2488  Economy / Scam Accusations / Re: Scammed by Nasterxchange 26000 euro on: January 25, 2022, 10:34:36 PM
Hey Guys, I am new to this forum but i had to let you know that a seller nasterxchange who sells here as well scammed me 26000 euro.

All the evidence is here  https://www.aspkin.com/forums/account-services/119895-buy-here-bitcoin-your-stealth-paypal-quick-easily-19.html

He has been kicked out of other forum as well.

they have closed down his sales thread.


I sent him 26000 euro to his bank account that he sent me and after that he said he lost access to bank drop and he can not give me crypto.

he stole my 26000 euro.

If admins can ban him from this forum then it will give me some relief and save other users on this forum from getting scammed.

I know i will not get my money back from this scammer, but a ban will be a bit relieving.

That's huge money to be trusted to unknown or not  reputable person and actually forum admins or other people cannot help your case here so I guess this will be another issue which scammers successfully hit a big targets here. Maybe next time researching the feedbacks of individuals and the platform you are own can really help since you can really trust the feedback given here since for sure reputable guys will give their honest inputs of the platform what newbies ask here.
2489  Economy / Trading Discussion / Re: Buy low, Sell high? on: January 25, 2022, 01:45:53 PM
For one to make money in the market, they have to buy low and sell high which is the differences that can guarantee profits, nit doing it the other way round. Sometimes due to the market behavior, it can be difficult to know when to buy and when to sell which had made a lots of newbies to earn up losing their capitals due to impatient mindset. Although their are some factors that can determine when to buy and when to sell.
Traders should see the right time to invest, sometimes we are stuck at high prices when buying when the price has not yet reached the lowest decline and of course this is quite annoying, buying investment assets that have a good rating and trust is one way to avoiding altcoins that might end up not having liquid in the market, but market conditions like this certainly make many traders panic, so they cut losses to avoid bigger losses.


To be honest its hard for individual to find the right time to buy since we cannot guess accurately how the market moves in certain instance. But the less we can do is to look for the chart and think about gambling on certain position we take and if we got burn and bag hold for bad position we think I believe doing cutloss is good option here since even if we sold it at lose atleast we have certain action made to recover up if we buy again for second time. Panic is normal in bear season since majority cannot react on the bad scene happen but for sure in future they realize that there's nothing to panic since for sure their experience will lift them next time when same scenario came.
2490  Economy / Speculation / Re: Is $34k the bottom?? on: January 25, 2022, 11:15:50 AM
Not sure will bitcoin reach above higher price because 8 days later have Chinse new year and actually almost each Chinese new year bitcoin crash, we know how many investor from China and they try to sell assets to celebrate their new year. I think after one week or middle week on February will have light for Bitcoin and altcoin price pump, not really hope trough two week later will bitcoin raise higher price because Chinese new year never give chance for bitcoin and altcoin back to higher price, stuck above $36,000 is higher price for bitcoin and hope not drop under $30,000.

Do you think Chinese New Year will really influence on Bitcoin price? Why would China influence on Bitcoin, since they have banned it? If the price starts to drop, that it is obvious speculation and holders should not worry about it much. Everything about China and cryptocurrency I dont take serious anymore. Check out Bitcoin prices last year during Chinese New Year. It rose from $33k to $48k. So it last year Chinese New Year helped Bitcoin.
Last year was an exception if compared to the three previous years. Anyway, it's just a theory and there isn't a way to make sure if chinese new year heavily impacts bitcoin price or if it's just speculation from whales in general, as you said. The fact right now is that with or without chinese new year there is a clear pessimistic tendency in crypto market and the main responsible for that is USA and not China.
China sacrificed its influence on crypto universe on the moment they completely banned it and hunted crypto businesses down on their territory. Glad these companies fastly migrated to another countries and settled their operations again without much prejudice to the market.

Take a look on February 1 - February 12 in 2020. Bitcoin price barely showed any major change. It even gained few hundreds. But in March there was a significant price drop. Same period in 2019 - again no significant price changes in Bitcoin. I dont count gains and looses of a hundred dollars as an influence from Chinese New Year. For me, Chinese New Year in crypto is a fairy tale to scare new people and be a reason to hide speculations. Moreover, why would Bitcoin be afraid from someone that has banned it?

I don't think that the Chinese New Year or any holiday for that matter has an effect on the price.
We all have heard about this in 2018 and then 2019 when people around are shouting that the price will go up after Chinese New Year because they are going back to invest again. But it was not the case because obviously, it was already a bear cycle. And that is what we are experiencing right now.

If majority of people believe that there's something will happen at that day then provably we can see a short term effect knowing the hype could build up if many people talk about something good on bitcoin especially if the person who talk about it is an influencial person who want to manipulate the peoples outlook towards current condition. But this is only have less chance knowing that bear market scare is more doninant these days.
2491  Economy / Scam Accusations / Re: Buying Fake Reviews! on: January 23, 2022, 02:37:56 PM
They are targetting Google map to establish its reputation there, I agree that online reviews are very suspicious, the only reviews I'm reading are coming from independent reviewers who are not paid by the site they are reviewing but their loyalty are to their subscribers who are all looking for products and services reviews, we have this kind of reviews on Youtube and they are reviewing products they themselves bought and unpack.

It can be very dangerous to install an unknown app or be interested in using any platform after seeing the reviews in the present. Because there are a lot of fake review providers online who sell fake reviews for money which is why bad platforms are also getting good reviews. So now it is becoming difficult to confirm which is real user review and which is fake review.
It will be difficult for newcomers to make the right decision in this situation, as this situation is enough to create confusion.

If the app is I think came from google playstore well they maybe that is fine. But if the one who ask you to do it is just sending you a link out of nowhere then provably we can say that this is totally dangerous to do since provably this is how those scammers exploit there victims.

Anyways back to the OP's discussion well good that this kind of activity made by them has been notice since its really dangerous for a person who didn't know those fake feedbacks place at them and might they became a victim if a scam will be executed by those scammers.
2492  Economy / Exchanges / Re: how to search currency exchange on: January 23, 2022, 01:22:16 PM
I reported scam website www.bitz-global.com and recipient address to cyber police and they replied the address - 0x66Da60ECE375739E211eB103e0d1DE1A17C4a2C0 is not with a currency exchange that they can identify.

Anyone knows any ways to know the currency exchange provider with given address?Huh Cry Cry Cry

it is not Binance account as I asked with Binance.

Why you think they are using a Exchange account for scamming? Scammers are so smart now and they will not think and use that option since their stolen balances might get lock if their victims will report them to local authority so I guess the scammer use the service of mixers since they can escape with that by not leaving any trace.
2493  Economy / Gambling discussion / Re: Your thoughts about online casino vs.physical casino on: January 23, 2022, 11:45:32 AM
Have you ever played online casino?Is the experience similar to playing physically in casino?Which do you prefer?



The experience is different since playing physically is more fun since there are more interaction to other gamblers which you play at, also I enjoy this since the level of competition is different unlike playing online. But we cannot do anything since as the pandemic hit us we only have this to entertain us while the world is on lockdown and for now I'm enjoying what reputable casino offer here but I can say the game experience is so different since sometimes I get bored playing online.
2494  Other / Beginners & Help / Re: why is Cryptocurrency not as easy in Pakistan as in other countries on: January 23, 2022, 10:36:05 AM
Is there anybody jn the friend who can tell her salution

Is our country banking system not bad.?

Its easier to get many young people will get employed

Why not educate yourself first to find those solutions which can help you and to your fellow countrymen? Since if you have knowledge on crypto for sure you can able to teach people around you and for sure if they know about it they can also help other then from this you can atleast lessen the unemployed people around you.

Also banking system is expected to hate bitcoin if they really is since they cannot control it and many people slowly skips to use them since some people are slowly shifting to go on cryptocurrencies.
2495  Economy / Speculation / Re: ₿ not going below 40.000 (probably) on: January 22, 2022, 01:03:11 PM
1. A lot of rich people bought probably at 40.000 and 30.000. So many of them will very likely do lobbying and marketing to keep the price up.
2. News and future events should be already priced in, except a black swan.
3. Way more people seems to be very bearish, now. Even a lot of big influencers. Some of them are calling 20.000 $ - 16.000 $.
    In most cases the opposite happens from what the masses think. So it`s likely that Bitcoin stays above 40.000 $ and is moving up, soon

Why do you think Bitcoin will probably not going lower than 40.000?

As of this time of writing, looks like you’re wrong about BTC not going below $40k. Right now it stands at between $34k to $35k range and I believe it will go down even further maybe support range of $25k to $30k.

Below $30k is coming also which I think reachable since I think the real bear market crash is now starting up knowing that people now are in doubt and doesn't believe that we can go back to bullish season at this month so maybe for now lets prepare for things to come and take appropriate action towards investing decision on bitcoin current condition.
2496  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 2022: Bullish or bearish for crypto? on: January 22, 2022, 11:26:26 AM
Latest market correction explained why we should wait before making investment decisions, it is not recommended buying potentially good alternatives coins since market going down that means we are in bear market.
With current market conditions, it's better to be patient and don't be in a hurry to make investment decisions,
I think for now follow the development first and hope the market can recover soon

Patience to take position right now is really needed if we want to buy since we don't know on what is the deepest price would bitcoin can possibly get that's why seeing first on how market goes will make us avoid the possibilities to bag hold. But if we are already bag holding then maybe its time to chill out since if we got affected by many sentiments then provably we will get panic and lose our money.
2497  Economy / Gambling / Re: BustabitWin.com | New Crash Game | Instant 100-bit Bonus for 1000-bit Deposit on: January 22, 2022, 10:16:12 AM
If the casino owner in question wanted to post in this thread, he would have done so way earlier, but that clearly didn't happen which implies that they aren't interested in this thread.
You're right, it should be @xwarrior007, if he plays on the BustabitWin.com site, if he wins and loses, it's enough for him to know all that, why is he promoting Crash game here, many gambling sites offer such games, if they want to play, of course the site is honest, fair and responsible.

This story, I experienced on the Munokami.com site a few months ago, which made the topic only as a player, if there was a problem he couldn't solve it, dealing with a third party, the owner, it's quite a high risk in gambling, the money is at stake.
I remembered about Munokami.com. Yes, he is just a player, same as @xwarrior007 telling about the site. But they do not have any relation to the owner. I wonder if they are the same person trying to promote his own site. I am sure we do not want to risk our money in unknown gambling sites because we can get in trouble if we still do that. Many other gambling sites are clear and reliable that we can use for gambling. So we do not know when he will be online and back to his thread.

Well this is kinda shady since why he will do that while in the first place the owner should be the one who will create or at least they will seek for a worker which can help them manage their thread but unfortunately he don't have any relation with the casino what he promote so I think its so risky to play since what if we encounter an issue then provably he cannot help us and for sure we will struggle to contact the support.

And its good for OP to lock this thread since he doesn't have any relation with this casino.
2498  Economy / Trading Discussion / Re: Buy low, Sell high? on: January 21, 2022, 11:34:39 PM
Buy low and sell high is the basic rules in trading, but how to know when is the right time to but and sell?
Well, this will take a lot of analysis but of course its possible to spot your entry and exit price. With Bitcoin today as the price continues to go down I guess you can wait for the price of $37k before buying, and selling will depend on you either for long term holding or for short only, that’s your call.
Basic rules that could potentially fucked you up most of the time.  Cheesy Buy high Sell low in most cases which i couldnt really deny that even myself nowadays do still commit these kind of mistakes or for sure that other people do even commit no matter how professional or veteran you are on this market.Why? market is unpredictable simply the truth but with due experience and knowledge
you would able to lessen the risk % and you wouldnt able to notice it out if you wont able to find out for yourself.
A basic rules that many disregard most of the time because of too much greed and of course not knowledgeable enough about the market situation. This is not easy at all honestly since you still need to analyze before you sell or buy, it takes time but if you do it correctly that can be more profitable. To lessen the risk, you should always have a back up plan and a good strategy, buy low and sell high is the normal approach but its not enough to make good profit.

A basic rule which many can't follow since mostly what happen especially for newbie is they Buy high and sell Low which is totally not good to do that's why we need to analyze how the market does since reading the chart can really help also reading the market sentiments sometimes can help so I guess some can't avoid to do this especially when they are new but hopefully they can learn from their experience.
2499  Economy / Scam Accusations / Re: warning !!! citizen finance scammer on: January 21, 2022, 01:26:54 PM
think if you want to be a citizen because there are many risks. don't bet your money on coins and bad team like citizen team.

1. citizen prices dropped drastically starting from $300, now only $50
2. see the reputation of the citizen team. very bad and unprofessional team, 70% bounty reward not paid. and anyone who asks for a bounty in the telegram group will be banned by the team.
this is like limiting the rights of the members.

from here it can be seen that the citizen team is a scammer. my advice is don't be citizen or you will be ruined with your money.
think to be on another coin with great potential.
This is somehow normally happen in crypto space and feel bad for participants didn't get paid for what they work for so I guess people should not expect on them since they already bag a huge amount of money and provably they will not care for their reputation since maybe this token created for another dump and pump scheme which most of the devs leave the project after they earn with their projects and scam people.
2500  Economy / Gambling discussion / Re: 2022 NBA Season on: January 21, 2022, 12:02:28 PM
Pacers are really good lately and they got two important back-to-back wins. They even defeated Warriors away which is a big achievement for them. But I don't think that they will maintain a long-lasting winning streak. They are having a terrible season in general and it could continue like that. But they still have a chance for the playoff of course. If they somehow manage to qualify for it, even it would be an achievement for them I think.
It's not too late for them to come back and be in the playoff spot again. Pacers are a good defensive team, they are a good team in general but sometimes they struggle, I think they are better than what the Lakers are experiencing right now, they are improving while the Lakers aren't.

Agree about there issue is much lighter to Lakers. But compared to Lakers, There roster will not gonna last much longer if they manage to enter the payoffs compared to Lakers that has a firepower to become a champion by there current roster, there only problem is just they are over extending and adjusting too much since most of there roster is a previous star and has pride. Maybe loading off some extra baggage will gonna help them to bring back to life.

So sad to see that LeBron strategy to gather strong player is already back firing on his face.

Lebron will likely fail this season, there's no chance that the Lakers will be a championship team as they are still haven't figured out the right chemistry so everyone could contribute effectively. They are just hype because they form a super team, popular names are in their team but they are not in synch every time they play, well, maybe there are some games they are impressive but in most games they disappointed the fans.
We are at the halfway through the season already and they are having a hard time getting their wins. Its like they will win one and then lose one.

Right now they are below 500 again with 22-23. TBH, I don't know why the GM of Lakers built this kind of roster. A roster full of old players and most of them are past their prime already like Howard, Melo, Ariza and most of them are already average players that can't be reliable on. Ohhh wait also add Anthony Davis who is injury prone and isn't playing for how many games already. They are paying him that much and in the end he will get injured. He is a great defender and his absence really affects the team as a whole. Like you, I don't also think that they will be at the top this playoffs or worse I don't even think that they will enter the playoffs with how they are playing and if they will enter the playoffs this season most likely they will get eliminated at the first round like what happened last season to them.

Even though they are old but maybe the experience of those players are the one who's been looking for by the management but sadly they didn't click well and chemistry is their huge problem right now. Also Russ cannot perform well since there's a lot of stress on his shoulder knowing he became a scape goat of the team and blame him once they lose. So I think maybe next season they should cut this line up and find players which can fit on the system they build also they should change their coach since maybe they also have problem on that side.
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