First of all, P2P is the process of performing cryptocurrency transactions directly between two people without middlemen and third party intervention. It allows you to determine your best price.
Always this myth that if you go to a platform that calls itself a p2p exchange you're getting rid of intermediaries and these 3rd parties. It's not like that unless you use a completely decentralized platform, with no central server and you do your transactions face facing in cash, if no then you're still at one point relying on a third party. Take for example this deal on Binance, if you went to binance p2p and you selected to buy coins and pay the guy via WU or Paxful or bank transfer then you have used: - a middleman, the platform where you have met your buyer - a third party, the bank, Paxful, WU, or whatever other payment services you used True p2p means you gave the guy coins he gives you the money, there is nobody that can freeze that money, (like a bank or Paxful) and there is nobody that facilitates that meeting so if that middleman is gone (in this case Binance's website) you can still deal with your buyer as nothing happened. |
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It also might put more investor funds at risk by spreading fud -
Oh for god's sake let's just stop with the FUD! Every single time there is news that nobody likes, it's FUD! China banning mining, is FUD, the hashrate dropping in half, the avalanche of used miners on the market, all the big farm owners' interviews while on the move, everything was FUD because some didn't like the fact that bad things do happen! And it's not FUD, they are real, beyond uncertain easy-to-proven facts! Terra was FUD, Celsius was FUD, FTX was FUD, let's go back to 2013 and there were people saying MtGox being insolvent is FUD! I just read this the other day: Exactly! I am also a victim here, at first when the issue started to pop public, I am really saying it was just a FUD, I tried to withdraw a small number of funds from the FTX exchange and went succeeded, but after a few hours when withdrawals halted, I deposited some amount which my plan is just to convert it to another chain and until now the withdrawal is still pending.
It's just FUD! No problem! Not a worry! And speaking of "investors" how do we put their funds at risk when the message is to keep your funds safe, in your won wallet not guarded by some wannabe 3.0 banker and his 20 roommates? |
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~. You missed an important revenue stream. These companies are making money from lending out users' deposits without their knowledge or consent to a variety of shady, untrustworthy, and unreliable third parties, without proper (or indeed any!) guarantees or collateral. True, and normally I would have listed this as a perfectly legal way of running a business. But after the Celsius fiasco, I understood nobody uses these lending features as it was supposed to, you pay interest 5% on the use coins you charge 10% when lending and the whole customer base is just as you say, no real business which needs real-life funds available, but just guys playing with leverage and arbitrage or whatever, and these guys I bunched them together in the "investor" category as they too have started to pack bags once the market turned full bearish. As I have commented on our local forum, it seems that today's sharp drop is due to problems with the crypto.com token. Apart from FTX, crypto.com, Gate.io and Huobi are in trouble. The most relevant is that yesterday they had to prove their liquidity and were making transfers of large amounts, which in some cases they attribute to an error. Oh lol, crypto.com, the other one spending left and right, another stadium, a formula one car, and the FIFA world cup losing a sponsor. How much money have they printed out of thin air and how much of their user funds have they spent on all this crap? Crypto com started pulling out of sponsorships between June and September, they claimed regulations, which is petty stupid, seems like knew once Terra Celsius collapsed that they don't have that money either. I would empty all my accounts right now, no matter what the exchange is, no matter how SAFU they claimed to be. |
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And the list of companies that will get screwed by this won't stop to the crypto ecosystem   And of course:  The Heat were to receive $2 million a year as part of the deal. Most of the rest — roughly $90 million over the lifetime of the agreement — was to be paid to the county, the vast majority of it earmarked toward fighting gun violence and poverty.
FTX entered into a number of sports-related deals, including with Mercedes for Formula One racing and a sponsorship deal with Major League Baseball — whose umpires wear the company’s logo. Earlier Friday, Mercedes said it would immediately remove FTX logos from its Formula One cars.
Not even mentioning the millions that kept a few NGOs and politicians afloat and sponsored their campaigns, tens for sure if not hundreds of millions when this whole fiasco will start to be deciphered. The fall of FTX Group could also mean the fall of some of these projects. And since some of these projects are lending companies, trust companies, or platforms that accept investments or simply money from their respective customers, the domino effect of FTX Group crumbling down is definitely massive.
It's about time the average cex user learns one small thing, all these companies are making money out of crypto user's pockets, they are making money out of fees, out of the price of their crypto investments going up if they manage to sell to somebody, and that's it. There is no other magical money-generating business, but a lot of other expenses, like the sponsorship mentioned above, like the wages of the staff, rent, server cost, and so on and on. And when the money flow from the average investor is cut as they don't feel like buying or trading, the whole charade falls like a house of cards since there is no money to pay the expenses and generate the virtual income with which you've entrapped a lot of your older customer. The bull run to 60k created too much money, too many hyenas waning a piece, and too many companies battling for the same source of revenue, now that this has dried up, we have this. |
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You call it rumors, but I think you are wrong, these are facts.
Then you're certainly not reading and not understanding the links you're posting yourself: The Commission is aware of public statements suggesting that clients’ assets were mishandled,
mismanaged and/or transferred to Alameda Research. Based on the Commission’s information, any such
actions would have been contrary to normal governance, without client consent and potentially unlawful.
Is aware of public statements - means it's aware of rumors Based on the information, any of these actions "would" , would here means possibility. Since the unfolding of events involving FDM, the Commission has proactively dealt with the situation and continues to do so. The Commission determined that the prudent course of action was to put FDM into provisional liquidation to preserve assets and stabilize the company Do you see them pointing fingers? Saying anything? No, freezing the accounts so nobody blames them for more money going out and more clients losing, that's all. There are 2 dozen special services in the USA, isn't anyone interested in this?
There were 4 dozen special services in Russia too, too bad they are wild dogs' food in Herson's fields. Funny how every time someone is in trouble you need US help. If US messes with Salvador or Bahamas, then it's dirty colonialism. |
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~Snipped~
I'm sorry, did they only provide you with 24 hours to verify your account before limiting it? I was given 10 days before the first restrictions would take place, and till then, I had another 20 days before more restrictions took place. I can't remember what would get restricted when, but I do remember mentioning 10 and 30 days, respectively. My bad, seems like indeed there was another email but since It went into the folder with other emails Binance is sending daily I didn't even bother to check it, I knew I had no exposure, and no money in that account so I just let them expire there. So yeah, 12 days ago this one landed:  And now that I read it once more..."Have your passport (or identity card) and your smile ready" Oh, how cute!!! Let me apply some mascara too, just for you my dear CZ. Also, the same reward here, it was mentioned in the first mail, not in the other two. |
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Did you notice how they started the sentence in their email with wanting to ''protect'' users?
I don't see how sending them verification documents multiple times can protect users in any way, it just increases risk of them getting hacked, leaked and posted in public online.
But of course, it's for my protection! It's just as you'd hand every drug dealer your ID card, your last medical check-up, a bank statement showing that you have the means to buy those, along with a signed document that you are aware of the consequences of usage and you have no claims again him if things go south, it's all for your sake and security and well being! Joking aside they did a bit of protection, they blocked deposits so I can't buy their BNB or BUSD coins by mistake, this one, it's genuine protection! It's best to unsubscribe from their emails and stop using Binance while you can, or maybe they could force you to use it in dark future when Binance have full control or trading markets.
No, not going to happen, I do care what happens with my docs but with an exchange forcing me to use it, no, not the slightest. As long as I live in the EU, here the laws are different from what CZ thinks and plans on doing, that's why he barely advances here with a ton of restrictions, no such financial monopoly will ever happen as antitrust laws are set in stone and nothing will move them, one of the few things good for all that bureaucracy. Btw, Ultegra134, I forgot to ask you, was there a reward promised for you also when they requested it? And since you got verified, what was that? I'm really curious! Okay, here's the update I promised. I'm now successfully verified after trying twice.
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Galaxy Digital also have over 70 million dollars tied to FTX Exchange, they are now withdrawing 47m $
Good luck with that, if they were the first in the line they might have gotten their money back but if at the time of the article they were in the "process" of it, then they can already write it off. But since the master strategist behind GD is had a tattoo of Luna done one month before the collapse, it's probably zero money recovered, and three times the loss and the exposure. Also, no, the dump is not starting now because it has started with Do Con and his Terra garbage, which like in a domino effect started crushing investment funds and exchanges and reminding everyone why we call them shitcoisna and shittokens, because there is nothing behind them, there is no real utility, there is no usage, just a ton of wannabe investors moving money that there were never theirs in their place and playing the fraction game ten times the scale banks do and ten times worse. So, in nothing truly positive happens in the economy, like inflation going under control, the end of the war in Ukraine, or avoiding recession, we will have to keep on watching all this fiasco unfold till we finally weed out every single one of them. But it will come with a lot of pain for the ones that trusted their tokens, that invested money as well for the ones that thought this will be the year of x10 and x20 returns and put another mortgage on their house to catch it. And this is where DCA would set in on which it would be just ideal if you do have considerations on accumulations on cheaper prices if you have done on buying on 19-21k price point.
Oh yeah, all the guys that started DCA at the beginning of the year must be thrilled by now with their results. |
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The news said SBF is still in Bamahas, it could end up how Karpeles hides back when no regulators want to take action.
How is Karpeles hiding? He was in Japan when Mt. Gox collapsed, he was arrested by Japanese police forces, and he went to trial there, he was released on bail and required to remain in Japan which he did! Why hasn't Bankman-Fried been arrested by law enforcement yet?
By what law enforcement and on what base? What you have there are rumors that there is no actual police investigation if any company goes bankrupt and there are rumors that clients' funds might have been used do you think everyone will get arrested before an investigation, just because someone is pointing fingers? Crypto exchange FTX lent billions of dollars worth of customer assets to fund risky bets by its affiliated trading firm, Alameda Research, setting the stage for the exchange’s implosion, a person familiar with the matter said.
FTX Chief Executive Sam Bankman-Fried told an investor this week that Alameda owes FTX about $10 billion, the person said. FTX extended loans to Alameda using money that customers had deposited on the exchange for trading purposes, a decision that Mr. Bankman-Fried described as a poor judgment call, according to the person. So, some guys gives an interview and you think is a base for an arrest! Let's wait and see if it's even like that, I'm starting to change my opinion on SBF, unlike Alex Mashinsky, which by the way is still free also, he seems more and more like a guy that actually believed in the nonsense he was saying, not that he is not guilty of all this mess but I don't think he did it just for financial gains. |
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Bumping this since it was my turn to get those:  Since, well, we all know what happened lately and I had like 0.0* something in from rewards or stuff like that (Estimated Balance ≈ $2.13), of course, middle finger and I will not do a thing about it, not going to send fresh copies of my papers to them, 24 hours and this is what I got:  "your Binance account has been restricted from depositing currencies" Oh, the tragedy, then I went to log in and see what are the requirements, and here we go:  How about no, sorry, you're not getting facial recognition from me, nor am I going to send you bank statements and fill in your questionnaires since for god's sake you're not even licensed to fully operate in the EEA. So, bye Binance! |
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Now I have to dig though more phones that have been in storage around the office forever. Try to clean up, try to recycle and then this happens :-)
If those phones have been in storage for more than 5 years high chance they are not going to be of any use. I have a feeling everyone thought that old Nokia phones will be good for this and when I say old, like the well-known 3310 or my favorite 8810, that silver and slick slide, god how happy I was when playing with it. But these phones are from the new generation, the oldest on that list seems to be from 2015, and the newest from 2020, pretty hard for a phone like that was bought just two years ago to be already catching dust in some drawer, its older people who buy them and they don't change phones every year. Still, cute idea but I would probably not store more money than the phone is worth on it. |
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In August I started a topic: Bitcoin doesn't like high inflation either
and it didn't, every single time bad news came from the US Bitcoin did the same, it dropped, the pattern is there, and the numbers are there, if you can't see them then you didn't see this coming yesterday when inflation has finally shown signs of cooling down  Or if you don't like that simple graph, and love narration maybe this explanation on the course of events from the WO suits you better: Inflation printed marginally lower.
Green dildo incoming.
And the big green dildo did come! So the story right now, despite all the wanna-be economists that preached about hyperinflation, economic destruction, and recession back in the stone age, things are getting too cool off just like the heads of revolutionaries with the first snow falling on their heads. The bounce in markets came after the annual rise on the US consumer price index was reported at 7.7 per cent in October, the smallest 12-month increase since January and a sharp drop from an annual rate of 8.2 per cent in September. Economists had forecast an 8 per cent rise.
The core CPI reading, which excludes food and energy prices, rose 6.3 per cent year on year, below expectations of 6.5 per cent and September’s reading of 6.6 per cent.
Wall Street’s benchmark S&P 500 index gained 5.5 per cent, while the tech-heavy Nasdaq Composite closed 7.4 per cent higher.
In government bond markets, the yield on the two-year Treasury note, which is particularly sensitive to interest rate moves, fell 0.25 percentage points to 4.33 per cent, its largest drop since October 2008. Yields fall as prices rise. I will never get tired of telling people the apocalypse they're preaching for the economy will not help anyone, if everything is destroyed, if people lose their jobs, if logistics chains are destroyed, if nobody is willing to spend a dime anymore preparing for the end of the world it will not be "good for bitcoin", and most importantly, not just telling them, but proving them with facts! Two vultures in the desert trading one roadkill squirrel for a pair of two years old buffalo bones won't bring bitcoin to $1 million, even if the two vultures do the trading on bisq. In order for people to invest they need money, people that lost their jobs and have no money for food won't be able to invest a dime, they will actually sell their investments to buy necessities! So, rather than being mad as again, the US seems like it's postponing its death by a few more years, cheer as this is also good for bitcoin, with Europe that as always is lagging behind also showing signs of easing although I don't buy the next month optimism of the ECB, probably more like a trimester we can finally say goodbye to this whole mess and focus on real growth, based on business, not on the fear of an apocalypse. PS, my bad, probably some of you don't like the mainstream media narrative, let me fix this: Decrypt: Bitcoin and Ethereum Get a Boost as CPI Shows Inflation CoolingCoindesk: Bitcoin Gains 10% After Report Showed US Consumer Prices Rose Slower Than Expected in OctoberBeincrypto: Bitcoin Rises After Inflation Numbers Reveal SlowdownForkast: Bitcoin gains 5% as U.S. inflation slows down in October |
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1 th pays 6.1 cents
or a s19 xp 141 earns $8.60 a day and burns 75 kwatts along with needing more fan cooling.
Phil, I've added two merits because I realized that just after a few hours this was way off when the price slumped and if it doesn't recover more, back to the drawing board. Pace was 104% two days ago, we are not getting close to 100%, seems like the price drop has finally started affecting difficulty, hopefully we get a small drop this epoch and a largee one on the next if BTC price stays below 18k.
We had 124 blocks in the last 24h according to blockchair as I type, so a serious drop but I wonder if it's not just something from the previous spike, Nov 8th managed to get an average of 8.8 minutes per block, as I don't think that miners would be that responsive in such short interval. But I do hope for a serious drop in two weeks' time, things can't go on like this. Can't!  I protest! As for the previous 2018 comparison, I'm not really familiar on how things were going back then but if hashrate, cost pe th / profit and so on might keep the proportion, I'm not sure about how entrenched a lot of the hashrate is, and by this, I mean companies that do mine at a loss because they are either not losing their money or they are simply losing money paid in advance so their current operations are still in profit.I think we have a higher proportion of these in the hashrate, and unlike previously the ones that have cheap energy won't be able to oust them. Anyhow, I've learned the hard way that history has a habit of not repeating itself exactly when you need it more, so, full polar/kodiak/panda/koala bear mode right now. |
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I saw some reports of people trying to fake Bahamian IDs in order to go through KYC and get their money out of there.
I seriously don't know why I'm smiling cause this is a serious thing and a lot of people will lose a ton of money, maybe their life savings or even worse but this whole situation right now is ridiculous. Yesterday I was watching an interview with Sam and I was sure it was gold but I can't compete with the situation above FTX still has $1 billion to deploy, says CEO Sam Bankman-Fried https://www.youtube.com/watch?v=uGZrZq6z-IgAround minute 3, where he brags about how much money he has and how is set on the side, he actually wanted to let people know that he could easily have the backing for another 1 billion on top of the one claimed. This Mofo was in a congress hearing, and he was reciting his story knowingly that behind the scene he was doing exactly the opposite. |
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Blockchain, @stompix, cannot run out of full nodes or do you see a situation where it happens?
Again, neither the blockchain nor nodes are something that exists like air everywhere without human assistance, they are databases, and nodes are the copies of that database hosted by someone, if those persons decide it's not worth hosting the nodes anymore as the said shitcoin (BSV in this case) is worthless then there will be no reachable copy of the blockchain anywhere and nobody can run it anymore. Go to the end of the altcoin announcement board here https://bitcointalk.org/index.php?board=159.0;sort=last_postAnd check, are all those dead shitcoins's blockchains still reachable? However, I have a question, when they are no full nodes available and later on a full node connects to the network would they be a means of retrieving transactions that happened during downtime? If there are no full nodes there is no mempool, and there is no network at all, so if one full node comes back online from its slumber it will have no idea what happened while it was offline, it will have no idea even about the blocks that were mined after it shut down. |
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So, this was the famous loaded? Seems like an "interesting" guy! Dead/dying now. Going to sleep for 15 hours. Expect some upside IF I had any successful.
Yes, I did specifically have to request a normal toilet in a five star hotel suite. They put it in the bathroom away from where I'm sleeping. I ruined a thousand dollar suit the last time I had to use one of those.
However, when we look at how much effort the feds put in to get these BTCs, I wonder if they have some personal agenda against the Dread Pirate Roberts? The man is in prison for life, but they are still after him, or rather his BTC.
Those files don't close until everything is settled, they will keep investigations and men and spend thousands of dollars even if years have passed and the actual thing doesn't matter anymore, the FBI has tens of cold cases that are decades old, highly probable the culprits are dead and they are still searching for them or for the money. It's the same with Alphabay, Alexandre Cazes has died in prison 5 years ago, and investigations on the money and the relatives still made a few headlines till 2019, and it might be possible the actual investigation is no way close to being finished, in 2020 they sentenced a moderator to 11 years in prison, and they are still after the sellers that were active there. |
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US stocks, mainly the NASDAQ index used to be highly correlated with bitcoin but this year it looks like this is changing. It's like people don't know what to do and pump and dump bitcoin at random times, not looking at stocks at all.
Actually, this year is when they were more correlated than ever  Two of the dips were triggered just after the FED announcement, and the last mess is caused by a multitude of factors that normally won't happen every month or every year, elections, meta, ftx, but even if we consider this, 2022 was far more linear and uneventfully than 2021. Bitcoin on the other hand is holding strong above its bottom. The bad thing is it's also constantly dipping below 20k, which should be a strong support since it was the old ATH, but in all this storm bitcoin is performing much better than stocks.
This didn't age well! I do not know how I reached this conclusion, but any correlation is supposed to be due to market sentiment, as there is no direct relationship between Bitcoin or stocks, otherwise the past ten years have not witnessed any pattern or correlation.
The patterns are there, both in the graph I linked above and in the topic like this one here: Bitcoin's correlation with Nasdaq 100 reached ATH
Or articles like this: Bitcoin's Correlation With Stocks Comes Back as Economic Factors Roil Markets |
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But I seem to talk with walls, so I let you in your dream world.
Worse, you're talking to the new polo7 and 325btc clones, when they are taking a break and are not talking to each other. The same ideas he has posted a hundred times with each of his identities, cex are good, stablecoins are better than bitcoin and better than fiat, the economy that is going to be destroyed and can be saved with printing tokens, etc etc. Cryptocurrency Exchangers are the ones who is motivated to keep our money in safe!
Otherwise People take a money out of there!
So yes They are our Banks!!
New generation banks
Cryptocurrency Exchangers fully recover all the losses!!
If anyone Will complain about cryptocurrency Exchanger stolen funds its a red Alert for all cryptocurrency generally When People Don't trust They just Go away from cryptocurrency Right Now its safe no problems!!
So cryptocurrency must be secure our wealth Very seriously wich They do it
Also, just as a heads-up he also has another alt that is just posting the same garbage and they have gone one step further congratulating each other on their views https://bitcointalk.org/index.php?topic=5420265.0Exchangers like binance Are safer then banks and walllets. You have to be kidding right, after everything that has happened lately and with the exchanges track record so far. No, he's not kidding and he's not even trolling, he actually believes this crap, just as he believes a lot of the stuff he has posted with both this new one and his other three to five as I've lost count of his accounts. So just like NeuroticFish above, sorry to bring you the bad news that you've completely wasted your time with him, and also, don't try further, it's impossible to have a discussion, you're talking to the walls and he is yelling back at you. |
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Request:
Please no "not worth the time" reply we all know the faucet reward is minuscule, the aim is to get the list of games where we can earn satoshi while having fun, and @mod if this thread doesn't belong to this board, kindly move it to where it should be thanks!
Why not? Because we would discuss the obvious reasons why not to install these games? You earn minuscule amounts and you're not going to make the minimum withdrawal in months! They bombard you with thousands of ads after each level during each game, three times before the game starts six times during the game? The games are just crappy games that rival the ones I was playing on my 486s 20 years ago? That it obviously states it shares and maybe sells your data. That the payment is between 5 and 1000 satoshi, which makes the lowest amount 1/10 of a cent now worth even a charge of your smartphone once a year? The fact that are trying to sell you upgrades to earn more satoshi and you end up paying for "winning" plans in which you will never recover your money? That once you reach higher levels you will need to spend more gems than the game is giving you for free and you have to actually buy if you want to play more than 5 games a day. And one "wagon" of gems is just 50$? While the full prize pool is 5$ a day? Interestingly that you made a moderated topic, and handpicked the good reviews on google, ignoring the multitude of bad reviews, actually I'm amazed you managed to get a few good ones, and clearly stipulated you don't want to hear anything bad about them. Why? |
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Yes, their rates are what you said, but you didn't look into their other cost, which is the cost of fees, which is hidden,
No, it's not, it's pretty transparent unlike yours! For each order they will use a new address, who do you think will be charge for the fee at this time when bitcoin needs to be transferred to the customer's address?
Irrelevant as even if you would use the same address for each customer each payment will still be an individual UTXO, so consolidating 1000 UTXO from one address is the same as consolidating 1000 addresses with dust, the size of the tx will be the same. According to our data, most of the e-commerce orders are within 300 US dollars. Including the miner fee, this cost is at least as high as 2%.
Your data is wrong: https://www.statista.com/statistics/239247/global-online-shopping-order-values-by-device/In the second quarter of 2022, online orders placed from a mobile phone in the United States had an average value of approximately 112 U.S. dollars, compared with almost 95 dollars in the EMEA region and 155 for a desktop order compared to 167 for EMEA. So, just like i said, you're also one of those people who doesn't understand how crypto pay works.but thanks !
So as previously, you're simply posting misleading things and not answering real important questions about your own service. No thanks. |
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