Show me shops where i can spend crypto ...
crypto is useless...
type "buy with bitcoin" on google search and you will not find any major retailer using bitcoin or other cryptos
So what's the point of crypto if i can't use it to buy stuff ?
You sure you googled it properly? I know hundreds of websites that accept bitcoin as a form of payment. Even you are accepting cryptocurrencies/bitcoin as a form of payment (based on your signature and a post in the link you provided). So, if you think crypto currencies are useless, why are you accepting it? Even if those "major" retailers aren't aren't accepting crypto currencies, you can still buy from them indirectly using cryptocurrencies. Buy a giftcard with bitcoin and spend it over there! |
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As far as I know, I do not think cryptocurrency is affected by recession in my country. I can tell because my country is a shithole full of corrupt government officials and I always check the prices of bitcoin in my country. To be fair, the value of our currency is stable and the only thing that a state can have influence on cryptocurrency is that when it intervenes which is by far not happening in my country yet. And I am happy that they haven't intervened yet.
I don't think just one single government from a single country intervening such as banning bitcoin won't have much of an impact in a country. If it did have, it is going to be a short term impact, after which the prices should recover. Remember, bitcoin is decentralized. No single government controls it. Lets say a country that has somewhat a little influence in bitcoin, bans the usage of it. We will see people from other countries are now panic selling because they are thinking that their government might ban it too. This is turn will cause a small price drop. But once everything goes back to normal and people realize that they are safe, the price will recover. |
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About the recent trend on Bitcoin which some companies started to buy Bitcoins and make it as the company's reserve. Recent was the Square company. So my purpose of this thread is to talk about the companies that have Bitcoin as company reserve. Is the government can seize or they have the right for those Bitcoins they bought? If ever there will be some serious violations on the low for any companies that owns Bitcoin as company reserve? Here, we can see some of the companies that already owned Bitcoin : Bitcoin Treasuries in Publicly Traded CompaniesYes, as far as I am aware, the government can seize your bitcoins! I remember few weeks ago I read somewhere that the government seized bitcoin worth around millions from a group (a charity organization or something like that) that were financing terrorists. Not sure, how they seize the coins (probably takes control of the address through private keys and then moves the bitcoin), but they actually can. Has happened multiple times before. Those coins are then auctioned off. So yeah, the government can seize a company reserve that's in bitcoin. |
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Your title is kind of misleading. For a moment I thought you were saying what if a newbies starts a real "project". If that was the case, I would give them a benefit of doubt. But, based on current situation, it would likely be a shit project. There are lots of so called newbie devs that are making random projects to scam people.
But, I guess you are talking about newbie users over here working on behalf of a project to promote the projects. In that case, if the project itself looks legit, then I would have no problem joining those (but i dont do those. 99% of them are waste). But if its some random project handled by a random guy, then no.
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Bitcoin Not User Friendly Yet
Hello everyone. For all of us who are very pro Bitcoin and other crypto.
We all look to the day that more people use it and accept it as daily use.
However we are far from that. One thing that I am finding is Bitcoin is still not user friendly enough.
Many people even who are young like 25 and under and even over 25 etc. Are not tech knowledge or financial educated enough to understand.
I am thinking that even the apps out there are still confusing for people to use.
Sure many people may own a mobile phone but many do not understand how they work.
Therefore many people do not understand Bitcoin and seems too complicated still.
What are 5 things you think are needed to make Bitcoin more easy for people to use.
More less they can use and move Bitcoin without really being mindful of what they are doing in a transaction.
Thoughts
Not friendly enough in terms of what? You don't have to know how bitcoin and blockchain works to use it as long as you know the complete basics. Learning the the basics probably doesn't even take more than 30 minutes. You don't have to be a techy guy to understand how to use bitcoin. And people who are young that are having hard time to understand what bitcoin is, I guess they aren't even trying. If they know how to make online transactions using paypal or anyother service, its going to be a piece of cake for them to make transaction using bitcoin. |
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Looks like a scam. Nothing about the casino anywhere. No review nothing. But did find some reviews about funxbet.com (no "s" at the end). So a casino with almost the same name of another casino does not sound like legit casino at all, other than a bait site to scam users trying to access funxbets. Avoid that casino. And $100 minimum deposit is absurd. More red flags!
Why don't you try one of the well known crypto casinos? There are tons in the gambling section. Check them out.
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Old scam. Sadly people still fall for these scams. Weird how people were still sending money to those wallets. Like, the people who send those money, why do they think that people are going to give them free money? Even billionaires don't "give away" money. They donate money to charities and organization. How stupid do you have to be to fall for these scams?
More weird thing is, youtube does nothing. If it comes to copyright contents, they take it down right away. By the way, those 700k live viewers are bots probably.
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The price difference of each ATM is too high. I wonder what is the difference between a $20,000 and a $1,900 bitcoin ATM. Or is it just those two ways ATM that are more expensive?
what are two way atm's? btc to fiat and fiat to crypto? if that is then they can add a price on it because this was still an extra feature and its useful . operators can more of it compare to a normal atm because people are gonna use it more to withdraw to and to cash in fiat to btc . quality of the atm is also behind of the price difference . good quality is equals to high price and low to mid quality are more cheaper . Correct. There are some ATMs that are two way, which means you can buy and sell crypto currencies. there name looks like a joke and untrusted , no wonder why they are illegal . if the name is shitcoin , does it mean they also sell shitcoin inside this atm ?
Not really. I doubt any ATMs would sell shit coins. Too risky for them. As far as I have heard, shitcoinclub were one of the ATMs with a very low and a reasonable fee. Too bad none of them operates where I live. And their name has nothing to do with shitcoins. There are actually very popular in Europe because of their fees and very low KYC requirements. I don't understand what kind of KYC verification users will have to pass when using Bitcoin ATM? Can anyone enlighten me in this case?
Like malevolent said, depends from country to country and the amount you want to withdraw. So far I just had to do phone verification and ID scanning (for high withdrawals). Used ATMs that had fingerprints, but never had to provide any. |
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Although I don't know how legitimate you are but many bet company now have cash out system and that can help gamblers have chance to take out their little winning if they change their mind and take the one they have seen.
You still have doubts? They have no proof of anything. No registration proof, nothing! And you still have doubts if they are "legit". And why would someone want to use a "broker" or "agent" to place bets on their behalf? Wouldn't that be a breach of terms of every casino? As far as I know, casinos allows you to gamble only with your own money. You can't place bets on behalf of others. And what if they lose your money for some other reason besides gambling? I doubt they will take any responsibility. |
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Very true. And cashapp can for sure be the “next Amazon” delivering bitcoin to every householdin the US.
The only disturbing fact is the number of stocks with such multiples on the market. How many “next Amazon” can be around? But this is OT here...
The number of scams going through cashapp is quite concerning. I remember reading a news few days ago where a merchant got scammed after accepting cashapp from one of its random client. Check reddit, there are thousands of people complaining how they are getting scammed and having no protection at all from those scams. Also, there are shit tons of users making cashapp accounts with fake/stolen identities. But, yeah. Scams are everywhere. It is just us who has to be careful. Though why is cashapp going to be the next amazon for delivering bitcoin? The last time I used cashapp with crypto currency buy/sell enabled, it wasn't user friendly at all. |
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The price difference of each ATM is too high. I wonder what is the difference between a $20,000 and a $1,900 bitcoin ATM. Or is it just those two ways ATM that are more expensive? And the ROI calculator seems to be a bit flawed. As far as I have seen some ATMs have insane price spread. They make extra profits from those spread and on top of that, they add the extra fees! So, they make additional profits from the spread. Looks like bitcoin ATMs are good business currently. Shitcoins.club ATMs are two-way. You also can't buy them, the company behind them makes them and operates them by themselves.
Weren't they all taken down by the German government for operating illegally or something? |
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Haven't clicked on any of those link, but kinda looks like bunch of sites that promote shitty projects. Do the websites do their research on how legit the project is? Will they take responsible if people gets scammed? I don't think so. There are here with their referral links and paid contents. I wouldn't be surprised if all of them are controlled by one person. But I am pretty much sure they get paid to promote any project. They don't care if its a scam project as long as they get paid.
Stop joining those groups or following those twitter accounts. Do your own research!
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:)Bitcoin was launched in 2007. It's 12 years and still no country has approved Bitcoin ?? Huh and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"  No country has approved bitcoin? What do you mean? If it isn't approved, then how are people using it to make online purchases? How come there are hundreds on ATM on the street? If it was illegal, there wouldn't be any exchanges and those ATMs would be taken down. There are only few countries that doesn't approve usage of bitcoin. Now, buy approval if you mean legal tender, then isn't it a little too early to expect bitcoin to take over fiat currencies (like that is ever going to happen in the next few decades)? Bitcoin is still in its infant stage and a lot is there to develop. |
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Bounty campaigns are made so that they're hard to finish and if you break a single rule out of a dozen you will not get paid.
This is done so that out of a hundred accounts 50% will do some of the work but get paid nothing which makes them free workforce for the team.
If you can't do it 100% you better not do it at all because you'll end up like a slave who works for nothing.
Follow the rules, don't break any and then get paid. If they are made so that it is hard to finish, then why do people still join them? Are they that stupid to understand that the rules are made so that people unintentionally breaks the rules and gets paid? I also heard people who one rule by mistake aren't warned or anything, they keep promoting the projects and doing their tasks. They only get to know they broke the rule when the bounty program ends. Does sound like they deliberately do it so people work for them for free. |
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Hi guys, recently I moved a big portion of my funds to the future trading account and I'm doing so many future trading. In some I make profit and some I don't.
So, I want to to if you can suggest me any good source to learn future trading? Like any YouTube channel, or any course from Udemy? I would be grateful. Also you can leave any tips if you want to share. Thanks.
The internet is filled with resourced. You can learn from there. Just google it and you will find those youtube channels and courses (i don't think those "courses" are worth doing and spending money on). But just don't rely on those courses. You should start trading too with small amount. Your experience is what will make you a good traders. You will make mistakes with your trades and lose money. Learn from those mistakes and try to avoid them in the future. Consider those losses as a form of payment to gain experience. |
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Wait, Libra still exists and is being developed? I thought it died long ago along with the hype. And I remember, Libra not getting some sort of approval from the regulatory body and was having problems, so they forfeited the development. Probably read it wrong. As for what is next for libra, I don't think anything much is there. Libra is a totally centralized coin controlled by facebook. People hate centralized financial institution, isn't that why they are using crypto currencies like bitcoin? Even if it gets launched, there will be a hype for weeks and then disappear. The story will depends on the next President Election result in the USA. If Trump wins the election and he has chances to do some other fight against China, and get success, soon he will shed a green light for Libra and Facebook to bring its online.
The future of Libra will depend on the coming political (first) and economical changes in the USA. I see Trump intends to support Facebook.
Curious, how is china stopping the president from approving Libra? |
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you cant fake fiat currency and if you do you got problems with law.
how we know the btc and crypto is not faked...it means the creators can create any ammount of crypto as they want as there is no law to legit forces to check over btc and crypto creators
No, you are wrong. You can "fake"/counterfeit fiat currency with ease. It is just that if "you" get caught, you will get into problems. If its smaller amount of bills, highly likely people won't check and will getaway with it. But that is not the case with bitcoin or other crypto currencies (currencies which are legit. Not those shit coins). You can't create "fake" bitcoin. Even the creators of bitcoin can't create "any amount" of coins. As long as the coin is completely decentralized, the protocol can't be changed without majority of people supporting it. You should learn about how crypto currencies and blockchain works . |
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Well it doesn't matter anymore. He is "saying" he has already recovered, but who knows (he is arrogant and that is what lead him to catch the virus. He says anything to proof himself right). I wonder what magical treatment did he receive that gave him a prompt recovery (people over here are even saying that he is faking everything to proof that the virus isn't as scary as it looks). I hope we don't see another Herman Cain case with trump.
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This is a high volatility market? People don't understand what it means, it means the risk is very high, it can break you more than it can make you, it's takes luck and wisdom, consistency and lesson and teachings learned about trading, coupled with discipline the individual uses to take profit.
Bitcoin isn't as highly volatile as other altcoins, but yeah it is some what volatile. There are people out there taking the advantage of this volatility and making huge profits. But one small mistake and you could lose everything you had, that is something I won't deny. If you act smart and not invest on those shit coins, chances are you will make loses, but you won't lose "everything". -snip-
Best is to learn the exact process or strategy, and trade for yourself, than give your money to someone to trade for you in a very high volatile market
No, you should never give anyone your money to trade on behalf of you. They won't care if they make any loss since it is not their money. |
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I'm fed up with all this cryptocurrency thing. First off, I make tremendous loses due to being a newbie in this market. After a second thought (and accepting the heavy loses incurred) I decided to try again and re-invest in bitcoin, only to be told this few moments ago. You said it yourself. You made loss due to being a newbie in this market. It was wrong of you to expect making profit right away. You have to learn first. Consider this "tremendous" loss as a lesson. You already experienced something that you will eventually encounter in the future. Learn from this and avoid the same mistakes. I will not risking HODLING bitcoins if they will shut down the first (and only) cryptocurrency exchange in Kuwait. As such I decided to play it safe, incur further loses, and just sold all my bitcoins and getting out of this business for good. After all, why should I HODL my bitcoins (1.25 this time) when I can't exchange them for cash when I need them? More importantly, how will bitcoin appreciate when exchanges will close in other parts of the world? I wish I was never introduced to Bitcoin.  Any ideas on what I should do with my Ledger Nano X now?  Any clue why the governments are shutting down the exchanges? Is it because they banned crypto currencies in your country? If that is the case, you shouldn't hold any. And I don't think exchanges are being shutdown in "other parts of the world". Only those that are operating illegally are being taken down. |
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