When i first heard about bitcoin, one of the selling points then was the pseudo anonymity. But as of recently, it is hard to purchase any crypto without encountering a form of KYC.
I’m just curious of everyone’s thought on this.
What do you mean by "anti-enthical"?Can you elaborate more on this term? KYC regulations apply to all financial services.Which government regulations are "ethical" and which are "anti-enthical"?The law is what it is and we have to follow the rules,even though some of rules are BS. KYC is required when you open a bank account or a forex trading account in fiat currency. We all want the crypto industry to be viewed by the government as a legit and legal industry. If we want mass crypto adoption and legalization,this is the price we have to pay. If you are complaining about not being anonymous,then why don't you use you a privacy coin like Monero. |
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This is good for those that cannot control themselves. There's now a tracker if they're still fine gambling according to their budget and limit that has been set by that app.
There's now some solutions that are being put to those that cannot control their spending habits with gambling. If this goes on and becomes effective, expect that there will be another project and company that will do the same product.
If a gambler cannot mentally control himself,no app in the world is going to help him to control his gambling. I wonder what's the business model of Draftduel.How are they going to make money by limiting the amount of money,that were spent by the gamblers?Are they going to charge a fee for using this app?Are they going to use affiliate links to promote chosen casinos? It seems to me that this app is focused only on the fiat gambling industry,where the players are using debit and credit cards.The crypto gambling industry is left behind. Anyway,I wish them good luck with this project. |
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1.Liberty reserve was a centralized payment service,which got caught for money laundering and it was shutdown by the authorities.Liberty Reserve was more like Paypal and Skrill,rather than cryptocurrencies. Comparing cryptocurrencies to Liberty Reserve is simply wrong. 2.I think that you have some kind of obsession towards stablecoins.  3.Stablecoins were created to serve the cryptocurrency market,not to compete with the other cryptocurrencies. 4.Darkweb markets use mostly Monero.Bitcoin can be used on the darkweb,but it has to be mixed thru a BTC mixer. |
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I'm wondering about this documentary actually bringing some new facts and information on the table.
Most likely,the documentary is going to repeat all the info about Satoshi that we already know and spice it up with some conspiracy theories about "Who created Bitcoin?" The crowd loves conspiracy theories...
The producers of this documentary want to capitalize on the increased interest over Bitcoin/blockchain technology.They want viewers and money,they don't want the truth.That's the main problem with "documentaries" like this one.
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Lets hope your calculation and prediction would be correct.
I might be having a wrong vision, but I remember, a lot of people awaited, that after halving Bitcoin price would immediately grow.But last year, such thing did not happen.And as I remember, price of Bitcoin was in "sort of a depression" last year. So most were disappointed with halving or with the whole year. I think that same thing will happen with next halving. Price wont really change. The price on "5 June 2022" is going to be the same as the price of Bitcoin on December 2021-January 2022.
The Bitcoin price increased from 10K to 35K USD several months after the halving.The price increase was caused by bullish news about Microstrategy and Paypal adopting BTC,so the halving didn't have a direct impact. I remember that there was a small price pump before the 2020 halving,which ended after the halving. Anyway,I don't believe that the June 2022 BTC price will be the same as the January 2022 BTC price. A 6 months time frame is just too long for a volatile asset like BTC to maintain a stable price. Bitcoin Halvings don't have a direct influence over the Bitcoin price.Actually their influence is decreasing even further.The 2024 BTC halving won't matter at all for the 2024 Bitcoin price. |
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We don't need a survey in order to know that young people:
1.Love risk more than the old people.
2.Are more open towards digital stuff and new technology than old people.
The survey is mentioning crypto,not Bitcoin.
Crypto can be anything-shitcoins,shit tokens,NFTs,HYIP investment scams,ICO scams,DeFi scams...
Thinking that investing in such an obscure industry as the crypto industry(without any proper research) will make you a millionaire is simply delusional.
Also thinking you can become rich just by buying a coin and waiting for it's price to pump 1000 times is totally delusional.
Bitcoin and crypto(whatever the term "crypto" means) have plenty of room for growth in the USA.
However,this survey proves that the majority of young people in the USA lack financial education and experience with managing their wealth and investments.
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Milan doesn't have the players to achieve anything remarkable in the UEFA Champions League.
Ibrahimovich is too old and the rest of the Milan players are kinda mediocre.
Milan would have a better chance at the Europa League tournament.
Anyway,I'm not surprised by any of the results which happened yesterday.All the teams that were better actually won against their weaker opponents.
RB Leipzig winning against Man City wasn't a surprise,because Man City are qualified for the next round.
Messi scored two goals,but Brugge is a pretty weak opponent against the multi-million team of PSG.
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1.Since this is going to be a Northern Ireland local community website,why don't you use a .co.uk domain instead of .com domain?
2.SEO takes a lot of time and patience and you have to produce a lot of content.
3.Improve your on-page SEO like Titles,descriptions,tags,keyword density,images,etc.
4.Build some backlinks by using social media,forums,Reddit,Quora,Youtube,relevant blog comments,etc.
There should be a healthy balance between dofollow and nofollow backlinks.
What's the point of using paid Ads on Google Adwords?Are you promoting a product or service?
Focus on providing value for free in the first few months.Try to sell a product/service only after you build a steady web traffic and a loyal audience.
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I get that it goes against the fundamentals of crypto currency, but exactly for what reasons though? Assuming you're not using it for anything illegal (if you are then it's understandable), why the concern? I'm asking specifically when trading.
Because nobody knows how the sensitive personal data has been stored and how it's been used by the cryptocurrency exchange platforms. Hackers are selling stolen IDs on the darkweb.Do you want your ID to appear for sale on the darkweb? I definitely don't want this to happen with my ID. The people,who are doing something illegal by using cryptocurrencies would never use their real IDs for verification. They might use fake or stolen IDs to verify themselves. KYC isn't really effective,when it comes to fighting crypto scams and illegal activities. Anyway,we just have to abide by the rules. |
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Great FUD analysis,OP.Keep it up with the FUD. Yeah,Tether is BS.It's a fractional reserve banking scheme.I couldn't care less about Tether.It's convenient for the crypto traders,but I have always though that the crypto industry will be fine without stablecoins. However,thinking that Tether is the one and only reason which pumped the Bitcoin price from 1K to 68K USD is kinda delusional. Aren't you ignoring all the BTC adoption,which happened during the last 4-5 years. Is Tether the only factor that pumped the BTC price more than 50 times? I wonder how the Bitcoin price was pumped from a few dollars to more than 1K USD,before Tether was a thing? |
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I have studied finance at university and I can say and inflation affects all financial assets.
Especially the stock market.Only real estate(besides Bitcoin) can provide enough protection against inflation,which means that the real price growth minus the nominal price growth(caused by inflation) cannot become negative.Real estate assets cannot get devalued due to the inflation.Stocks can get devalued and government/treasury bonds can also get devalued by inflation.
It is pretty clear that the Federal Reserve money printing boosted the S&P 500 index a lot,during the last decades.Traditional financial markets are a giant bubble.Crypto markets are a giant bubble as well,thanks to the money printing made by the central banks.
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Congratulations,if you really managed to win such amount. I usually don't trust screenshots.A screenshot can be faked by using the inspect element feature in any browser. One question,if you are so successful at sports betting,why are you posting affiliate links? Anyway,assuming that this is real and you are legit.Why don't you post a tutorial or an ebook about how to succeed at sports betting?I'm sure that you have some valuable info to share.Some tips and tricks or soccer analysis about how to find good matches to bet on. |
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OP,you should stop generalizing.The people aren't gone crazy about Satoshi Nakamoto. Most of the Bitcoiners don't care about him.A minority of Bitcoiners is curious about him,but they will never know what happened to him. The crypto news websites will keep publishing the clickbait gossip articles about "Where is Satoshi?" and "Who is the real Satoshi?" just for the sake of getting more clicks,views and web traffic from the curious minority of Bitcoiners,who are wondering about what happened to Satoshi. In 2009-10 no one is ready to listen him and suddenly later people gone crazy.
If you like bitcoin then forget satoshi, he don't want to be remembered that's what he is trying to say and you are not respecting it.
you are only interested in bitcoin not satoshi but you think I can't have bitcoin so if I get satoshi I can get some bitcoin from him lol, People are ridiculous.
Now,this is a crazy statement. Why would Satoshi give Bitcoin for free to anyone?Lol... |
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I guess that the October Bitcoin price pump was just a price bubble,which was caused by news about a Bitcoin ETF and the wave of optimism,since the October China FUD failed.
That Bitcoin price bubble popped and we are returning to the price levels before October-somewhere between 36-44K USD.I assume that we will have to wait to a few months,before the price pumping back to 50-65K USD.
Congrats to all the people who sold some BTC at 50-68K USD.You made a decent profit.
Now we all have to just HODL and wait for the market to recover.
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OP,your "analysis" is pretty much a joke.I guess you are being sarcastic.
The energy crisis and inflation in Europe won't lead to mass Bitcoin adoption.
1.The rich people couldn't care less about inflation,since inflation boosts the prices of all assets and the rich people usually own multiple assets.
2.The European banks won't buy Bitcoin,because the European central bank won't allow them to buy.
3.The "average Joe" in Europe isn't interested in crypto/blockchain technology.The Bitcoin price dropped currently.How can the people be convinced to buy BTC as a protection of their wealth,since the Bitcoin price can crash at any given moment?
I also believe that the Bitcoin price will recover in 2022,but your analysis is simply hilarious.
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How to transform a skill into profit?
First,your skill must be in demand.What the point of learning a skill,which nobody needs?
Second,just practice and keep practicing that skill until you become good enough.
After that,keep failing until you succeed at building good long term relationships with a bunch of repeat customers.You may get some new customers along the way.The old customers might recommend you to the new customers.The core of every business are repeat customers.You will fail,if you rely on one time buyers.
Build a portfolio of your best work and showcase that portfolio to anyone interested.
In webdesign and logo design,your work is your best advertisement.
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It's always good to see some creativity in the gambling industry.Many players got bored of all the dice and slots games. OP,maybe you should add Privacy Policy,Terms of Services and FAQ pages. Like other members of the forum,I also don't understand the rules of this game,so maybe you would post the game rules on a different page as well. AFAIK, Online gambling and other form of gambling is strictly prohibited on Japan base on the articles I read about them in terms of gambling. May I know if you have license to operate an online casino that involves fiat? It will be very risky for players to play in your game while your Casino has threat of being seize by Japanese authorities which is highly to occurred.
This is pretty interesting.Perhaps OP isn't using Japanese servers to host that game and he won't allow Japanese players to gamble on his website. There are people all around the world,who love everything that comes from Japan.Maybe this is his target demographic.Non-Japanese,who love Japan. Anyway,getting a gambling license is a must and OP must resolve the scam accusations of gamblers being automatically banned from his website.. Good luck with this project,OP. |
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The market can't be bullish just because the supply is low.Something must trigger an increase in the demand.
Demand isn't determined by the supply.Demand is determined by the future expectations/greed and a bunch of short term factors,like bullish news,FUD and panic selling.
The Bitcoin supply is limited by all the BTC that were lost during the years and the army of HODLers,who are expecting a better price to sell.Bitcoin mining isn't a big factor,which can determine the BTC supply.It used to be years ago,but now,it doesn't matter that much.
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A concept cannot be destroyed by temporary market movements.
The concepts of Bitcoin scarcity and Bitcoin being a store of value cannot be taken away,just because some altcoin is riding the speculation wave and has a bigger market cap.
If we unite all the shit tokens,NTFs,DeFis,etc.,which are living under the Ehtereum blockchain,then yes,Ethereum most likely will have a bigger market cap than BTC in the future.
However,that doesn't make the Ethereum concept better than the Bitcoin Core concept.
It just makes Ethereum(tokens,NFTs,DeFi) more desirable for all the greedy pump&dump investors,who are looking for the next "shiny object".
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This is a dangerous area now into the $52k's. And nothing else in the market is holding. Longs gonna start getting crushed unless the support comes in. We could be in for an early 2018 type dumpy if this don't stop and rebound. Either way keep stacking sats and enjoy the ride. 😉
There's nothing 'dangerous' about this price drop.It is what it is.The price is dropping now,but it will go up. It seems like the world is still panicking about this new COVID variant,which is weird,because the new COVID variant doesn't seem to be more dangerous than the previous COVID mutations. There are also some political tensions between USA and Russia about Ukraine,but I don't know what their influence over the cryptocurrency markets will be. Bitcoin had proven to be pumping in times of uncertainty and crisis. Just stop caring about the Bitcoin price for a while and enjoy the upcoming holidays. |
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