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2581  Economy / Economics / Re: A fact that the general public don't know on: December 20, 2022, 04:29:01 PM
FYI, KYC is already imposed on every centralized exchange we have but you can't say its completely bad and what you said is right they are company so what they will do is make money with their platform.
Even though situation with KYC is getting worse as we speak, there are still some exchanges that can be used without need for going through KYC. Here is the list. Then again, they may ask for KYC at any point so unless you are willing to provide documents if asked (or ready to lose the money if you decline to do it), they should be avoided as well.
2582  Bitcoin / Bitcoin Discussion / Re: Edward Snowden is ready to become Twitter CEO for bitcoin pay on: December 20, 2022, 04:14:39 PM
I find a bit unlikely Elon will step down this quick - he might find some trick to get out of this dilemma he created for himself - and I also find it highly unlikely to make Twitter CEO people like Snowden or Snoop Dogg or others who would propose themselves as CEO.
To be honest, I am not surprised that he already wants to step down as twitter CEO as he is known for losing interest in something fast (Bitcoin, Doge etc) so this would be just business as usual for him. He will soon find new toy anyway.


I've read that Elon asked in a poll if he should step down as CEO and the answer was yes. Let's see what he does, but the people have spoken.
He is of course not stepping down because of the poll results, as he obviously decided that before, and this was just something for the audience.


                                
2583  Economy / Exchanges / Re: Take your bitcoin out of binance on: December 20, 2022, 03:54:01 PM
Part of me is happy about Binance been in the "too big to fail" level and part of me is worried. Binance have become such a major player in the crypto space that if anything negative should happen to it, it would affect the whole industry.
If you think that Binance is at the "too big to fail" level (which I certainly don't think is the case for any crypto exchange, including them), why are you worried about them going down?


However, recently Binance CEO Changpeng Zhao, the owner of a large crypto exchange, gave a different message in which he does not consider the assets kept in their  personal wallets from the exchange to be safe. He thinks many of those keeping crypto in their wallets will lose money for security reasons. He thinks most people won't be able to back up their security keys. Users are at risk of losing their device and backups will not have proper encryption. They might write it down on a piece of paper and someone else will see it and they'll steal those funds.
While certain amount of crypto is definitely lost due negligence and not storing seed phrase properly, CZ is grossly exaggerating with his estimate on the amount of people that will lose their funds if kept in self custody, due obvious reasons. Centralized exchanges/platforms are still by far the biggest threat to an average crypto enthusiast and that's the place where majority lose their money.
2584  Other / Beginners & Help / Re: How to avoid future losses in crypto on: December 20, 2022, 12:19:42 PM
Your investment should go to different crypto assets.
We talked about diversity in your investment previously. Now the part of your investment on crypto should also be diversified. Don't just stick to one coin
This advice goes against the topic of your thread as all this type of so called "diversification" will ensure future losses. Stick to bitcoin.


Mining is the only way to avoid future loses.
There's no much sense it what you wrote. You do realize that mining equipment costs money, and so do the electricity needed to run mining machines?
2585  Other / Off-topic / Re: My story and where it is now..... on: December 20, 2022, 11:26:59 AM
First of all, sorry to hear about your health issues and I hope that you have a full & speedy recovery after the heart transplantation.


Insurance covers some of the costs of the testing and medicines, but not gas, food, hotel rooms if overnight stays, or lost wages from my wife taking days off. I'm not asking for donations or anything, but I do have a bitcoin address in my profile if anyone wants to help out they can
As someone who went through a transplantation (not heart though) some years ago I am very well aware of the financial burden that whole process is, especially during the recovery even if you have a solid health insurance. With that being said, I just sent some bitcoin your way. Its not much, but I hope it helps anyway as I remember how much every bit of help meant to me in my time of need.
2586  Economy / Reputation / Re: [Discussion] Bitcointalk Community Awards 🏆 on: December 20, 2022, 09:50:06 AM
I am not saying for the change to take place now.
It would be next year, when voting, it would include the two elements: username and ID.
Considering how rare name changes are, is something like that really needed? At least for me it would be a pain in the ass to have to include ID on top of the username. I say keep it as it is, no need to make things more complicated.
2587  Economy / Exchanges / Re: [Updated] FTX on: December 20, 2022, 08:53:19 AM
As expected, FTX is considering to to claw back all those donations (~73 million USD) SBF made to political parties.

Bankrupt cryptocurrency exchange FTX says it is considering using legal avenues to recover all payments and contributions handed out by its associated entities and former executives, which could include the millions in political donations made by former CEO Sam Bankman-Fried.

In a Dec. 19 press statement, FTX said it had already “been approached by a number of recipients of contributions or other payments” that were made by, or at the direction of Sam Bankman-Fried or other officers, adding those entities have sought “directions for the return of such funds.”


Since many of those who the FTX money already donated the funds to charity as a move to try distance themselves from it, what i would like to know is how they plan to get the money if charities already spent it? I mean what's the procedure in this case, will they go after the persons who received the money, or those charities?
2588  Economy / Exchanges / Re: Binance US buys Voyager Digital assets for $1.02 billion on: December 19, 2022, 10:24:50 PM
If I remember correctly,  FTX also planned to take them over, but we all know how that ended up so at least I hope people will be able to get their money back.
FTX offered 1.4 billion USD few months ago, but it of course failed after they declared bankruptcy as well. Back then Binance as well sent the bid, but FTX had higher one so this was their 2nd attempt.



I don't know really, just speculation here, but this could be self-destruction button presses by CZ, so he can later blame Voyager for Binance collapse.
I like to think that CZ is a bit smarter and more experienced guy and won't do the same mistake after he saw what has happened with SBF, but time will tell as smart people do stupid things. Then again, how can he blame Voyager for the eventual Binance collapse if it was his decision to buy them. No one put the gun on his head and forced him to do it.
2589  Economy / Reputation / Re: It sucks that 1xbit still runs on: December 19, 2022, 05:48:43 PM
This whole thing makes no sense to me. I'm speaking from personal experience, not what random users think about them; shouldn't customer feedback hold more weight in this case? And as a long-time customer of 1xbet, I can tell you that they have proven to be trustworthy since their arrival in my region in 2018. I don't care, and I can't tell what's going on in other regions. My dudes from our gambling Twitter NG are making more than $30k in dollar equivalent and making instant withdrawals without any hassle.
Just because you didn't have any issues with 1xBet doesn't mean that others had the same experience, or that they are not connected with 1xBit. By the way, there are some interesting news coming from Curacao regarding 1xBet as they have been sued by players for not paying them their winnings, after which it was declared bankrupt. That of course won't stop them as they moved out from there and will continue their business elsewhere.

Trouble has been brewing in Curaçao since November 2021 when 1XCorp was declared bankrupt by a local court. Player advocacy group SBGOK filed a lawsuit on behalf of several players whose winnings 1xBet allegedly failed to pay out. According to Curaçao’s Attorney General, failure to honor even a single due claim was a sufficient cause to declare a company bankrupt.

Further investigation revealed that 1xCorp owed millions of dollars in unpaid taxes and winnings, but was managing to juggle its debts in order to stay afloat. The court eventually ruled in favor of SBGOK and declared the operator bankrupt. However, some skillful legal maneuvering allowed 1xCorp to overturn the initial court decision by disputing SBGOK’s rights to represent players. What followed was a prolonged legal tug-of-war. As of the writing of this article, 1xCorp is in the process of appealing the court’s latest verdict, but it appears the company is just stalling the inevitable.

SBGOK originally claimed that the 17 players it represented were due 1.6 million Netherlands Antillean guilders (approximately €830,000) in a mixture of fiat and cryptocurrency. Three more individuals have since levied individual claims, and the Curaçao government joined in by demanding €1.3 million in unpaid taxes

And 89/100 of our comedy celebrities are 1xbet ambassadors with customized promcodes
And that is somehow proof of legitimacy? Celebrities promoted FTX as well, and now are being sued.



1) Are 1xBit and 1xBet the same company?
From the evidence I saw, I believe that they are controlled by the same group of people.


2) If 1xBit and 1xBet are the same company, can the opinion about 1xBet influence the opinion about 1xBit (and vice versa)?
That's up to you to decide, even though its obvious to me.
2590  Economy / Scam Accusations / Re: Bit-hit.com HYIP Offering 25000% Running For Over 892 Days Potential Scam on: December 19, 2022, 04:00:13 PM
I'm 100% sure that this high-risk investment and a potential scam
There's nothing potential about is as this is as straight forward scam as it can be and it will disappear in a month or two.


what I hate about this project is they are marked legit by one verifier they should know better, no company existing or have excited or will exist that will can give you 25000% profit if the time that this project shutdown, they have nothing to blame but https://www.getlei.com/ for supporting this scam.
Since BitHit is registered in the UK, website that you have to check to see whether its legit business or not (even though in this case situation is obvious, but for the future reference) or is https://www.fca.org.uk/ which regulates all financial services companies in the UK and of course you won't find it there.
2591  Economy / Reputation / Re: It sucks that 1xbit still runs on: December 19, 2022, 02:43:03 PM
the domain registrant of 1xbet is visible tracing to real life identity while that of 1xbit is not. can they really be the same ownership?
You might wanna check this topic made by efialtis and this post by FatFork and then tell me that its not controlled by the same people.


Barcelona will never allow sponsorship from a scam company, i guess we are missing something
They probably don't even know about 1xBet-1xBit connection. Everyone here also thought the same until few members connected the dots and proved that its the same group of people operating behind those two (and probably more) gambling sites. But even if a well known club like Barcelona accepts sponsorship from some company, it doesn't mean that company is trustworthy and should be used. Even 1xbit doesn't scam each and every user, but they are doing it in a selective matter that enables them to operate for years.

2592  Economy / Exchanges / Binance US buys Voyager Digital assets for $1.02 billion on: December 19, 2022, 02:12:36 PM
Voyager Digital, who first stopped all withdrawals and deposits earlier this year and then declared bankruptcy, accepted the offer from Binance and will sell their assets for 1.022 billion USD. If I remember correctly,  FTX also planned to take them over, but we all know how that ended up so at least I hope people will be able to get their money back.

Voyager Digital, the bankrupt crypto lender, said Binance.US has agreed to buy its assets for $1.022 billion, the firm said on Monday.

The bid represents the fair market value of Voyager's cryptocurrency portfolio, which has a current market value of around $1.002 billion, and an additional consideration of $20 million in incremental value.

"The Binance.US bid aims to return crypto to customers in kind, in accordance with court-approved disbursements and platform capabilities," Voyager said in the statement.

2593  Economy / Exchanges / Re: Kevin O'leary vs CZ on: December 19, 2022, 10:11:44 AM
In short, Kevin O’Leary was a FTX spokesman and investor, and at Senate hearing he accused Binance for FTX downfall, conveniently forgetting SBF role in everything that has happened. CZ is a shady guy, but in this case he is right to call out O’Leary for all the bullshit he said lately.

2594  Other / Beginners & Help / Re: I need everything about Cold wallet on: December 19, 2022, 08:28:32 AM
He obviously pulled that number out of his ass, but of course advocates for people not choosing self custody and opting to give their coins to centralized exchanges. I can't believe that even after everything that has happened lately and millions of people lost their money he advice people to do the very same thing that caused them losing their money. Tells you everything that you have to know about CZ really.
2595  Economy / Gambling discussion / Re: FIFA 2022 world cup on: December 18, 2022, 03:55:18 PM
Lol what a joke, another dubious penalty for Argentina and then France conceded another one from counter attack. This reminds me of Croatia game against Argentina where it was exactly the same scenario (suspicious penalty and then goal from counterttack), with the difference that Croatia was actually better in the first 30 minutes while France showed absolutely nothing so far in the first half, and I don't think that they can turn this match.

I have no doubts that Messi played a good tournament and deserves Golden Ball award, but given the treatment Argentina had in Qatar (5 penalties in 7 games) I can't not to help to think that everyone did as much as they could to help Messi wins this world cup, as it was in everyone's (FIFA, Qatar etc) interest.
2596  Other / Beginners & Help / Re: Just can't get my eyes off my wallet. on: December 18, 2022, 09:46:52 AM
I want to know if there is an average number of times a new investor should check his wallet and how can I change my behavior if it is abnormal. Thank you in advance for your helpful responses.
Since you are still new in crypto, your behavior is perfectly normal and all of us did the same at the beginning.

Speaking from my own experience, turning point for me 2018 when I decided to deinstall all price tracking apps from my mobile phone and remove similar websites from my bookmarks as I was getting obsessed with it.  Thing is, I realized that there was no point in checking prices on the daily basis because I was not a trader but hodler, so why waste my time on that since i won't do anything about it, no matter price going up or down. Best decision ever.
2597  Economy / Exchanges / Re: Too much FUD: Why FUD against Binance doen't seem to be justified on: December 18, 2022, 09:04:07 AM
To be honest, I don't mind some FUD against Binance and other exchanges if that means people will finally stop seeing them as banks and using them to store bitcoin.


I trust Binance and Nexo.
Good for you, I guess you haven't learned much from what has happened this year. Regarding Nexo, how can you trust some centralized platform that still offers APY very similar to the one of Celsius (I just checked and they offer up to 12% on stablecoins ), which we knows was only possible due very risky moves.
2598  Economy / Exchanges / Re: Bybit now forcing users to carry out Facial recognition when withdrawing. on: December 17, 2022, 10:02:26 PM


For example, I keep the biggest percentage of my coins off the exchanges but when I need to trade, most especially derivatives, I end up using the much loathed centralized exchanges and this is how i ended up with the above situation.
You asked what would someone do if they need money ASAP and they don't have camera on their device, but if someone is keeping majority of their funds outside of the exchange (like you said you are doing), then that person would never be in that position, right?

I agree that these verifications suck, but things will keep getting worse due regulations.
2599  Economy / Exchanges / Re: Bybit now forcing users to carry out Facial recognition when withdrawing. on: December 17, 2022, 09:39:34 PM
Now imagine if one is in an emergency, and they needed the money ASAP and the device they are using has no camera for facial recognition, I wonder what someone would do  Roll Eyes
Well, if they were smart, that person would learn not to use centralized exchange to store their crypto ever again.


This is so irrational and stupid
I hear other exchanges are doing that as well, increasingly asking for verification for withdrawals, especially if stablecoins are involved.
2600  Economy / Gambling discussion / Re: FIFA 2022 world cup on: December 17, 2022, 09:14:46 PM
And I really think that Gvardiol needs to be the best young player and the best defender of this World Cup. OK, maybe the best defender title can wait for a few more years, but he has to be given the best young player award!
While I agree that Gvardiol deserves to win FIFA Young Player Award award (any doubt about that is imho removed after his performance today) I don't think that there is an award for the best defender. I expect him to finish in the team of the tournament though.


I'm not sure he would be considered for the overall best defender of the tournament, as there are a few defenders who are slightly ahead of him, despite him being outstanding for someone of his age and being one of the hottest defenders in Europe.
Even though there is no award for the best defender, I am curious to hear who are those few defenders that had better tournament than him? The way he played is even more impressive when you take into consideration the way our team played this tournament, and how busy he was every single game. In 6 out of 7 games we played he was either the best or among 2-3 best players in our team and I don't remember any of our defenders playing this good in any of our previous world cups. Not even Dejan Lovren when he was chosen into 2018 team of the tournament.


I believe Chelsea and Leipzig verbally agreed that the transfer will take place after the current campaign. He'll blend in well with the EPL.
Unless they signed the contract, I don't think that they will get him. Not after the tournament that he has and definitely not for amount of money agreed before WC. Rumour in Croatia is that Man City and Real are frontrunners and I would rather see him in either of those two than in Chelsea.



I have to say that I was pleasantly surprised when I see our starting 11 before the game started, especially seeing Perisic as LB ( position similar to the one he is playing for last few years in Inter and now in Tottenham) and Orsic ar LW, as that meant Dalic decided to completely change the tactic and showed that we are not one dimensional team like Greece was back in 2004 for example (btw I highly respect what Greece achieved) and that we can play attractive and attacking football if we want to, and still be pretty good at it despite the lack of a world class forward.

Once again I was worried about the referee, and for a good reason given the fact that we should have been awarded penalty for that foul on Gvardiol, but luckily that mistake didn't had effect on the final result. In the end, 3rd sport well deserved, we were the better team today.

edit: exclusive photo from VAR room that explains why they didn't see foul on Gvardiol  Cheesy

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