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2781  Bitcoin / Legal / Re: Why America Should Ban Crypto on: February 08, 2023, 12:26:04 PM
The US public debt is a global financial security issue. It has long been clear that no one will return 31 trillion to anyone, and the interest on the debt is growing every year. And when this bomb will explode, no one knows, but it will definitely explode.

The data for 2022 says that the US public debt is slightly less than $27 trillion, but if you look at the public debts of other countries in relation to their GDP, you will see that there are many whose debt is over 100% in relation to GDP, and Greece and Japan have even over 200%. It is undeniable that the US is in a problem, but a lot of other countries are in an even bigger problem and I am much more worried about everyone else than about the US - because they will find a way to get out of the problem, just like before.

https://eamond.com/public-debt-by-country-2022/
2782  Other / Beginners & Help / Re: New Users have to notice, before joining any Crypto activity on: February 08, 2023, 12:13:08 PM
Seven years and still not experienced what a wow.

The OP has been registered on the forum since 2018, and he mainly dealt with bounty campaigns - and what kind of experience will you gain from that?



FTX exchange did not crashed due to any fake news, whatever you heard about FTX is 100% fact, and if you are referring to Binance CEO, CZ as the reputable person well, this reputable person saved the whole crypto space in general, if CZ knew all those secrets and keep quiet the damage will be bigger than what we saw months ago. SAM will keep doing his creepy thing behind the back and more companies will be brought down to their knees in future.

The fans of the great leader still live in the belief that he saved them from complete ruin, although CZ is basically the same as Bankman, only he is much more cunning and experienced, so he still manages to avoid his company going downhill. The dubious business that this company conducts around the world, the avoidance of paying taxes, the listing of tokens/coins that are nothing but a scam are nothing that anyone should be proud of.

Do you think it is positive that CZ advocates the idea that we should keep our coins in his CEX, because we are obviously too stupid to do it ourselves and we will lose them sooner or later?
2783  Other / Meta / Re: Account locked & banned (Hacked?) on: February 08, 2023, 11:42:23 AM
Yes it was mine back then, but yeah it's hacked too.

You seem to have a very big problem when it comes to basic online security, because how else can you explain that every single one of your BTT accounts has been hacked? If you get your accounts back, make sure that their password is unique, with a sufficient number of characters (random), and that you use an e-mail that will be exclusively connected to your BTT account.

Do not save login data online or as plain text on a computer, and it is also not wise to log in on shared computers, nor to use publicly available Wi-Fi networks.
2784  Bitcoin / Bitcoin Discussion / Re: Unwarranted ECB claims about BTCs "last stand" on: February 08, 2023, 11:19:17 AM
It's funny this was only two months ago the ECB was talking about Bitcoin's last stand. And it's up 40% so far this year.
The funniest thing in Bitcoin is always to see all the people desperately trying to convince everyone during every crypto winter that Bitcoin is heading to zero, and then watching them all shut up as soon as Bitcoin's price starts going up again.

The job of central banks is to protect national currencies at all costs, and this does not exclude influencing public opinion through their statements, which are always adapted to the moment in which they are released to the public. In addition, the head of the ECB is a woman who has repeatedly made statements that are completely negative when it comes to Bitcoin, although it can always be read between the lines that they see a much greater threat in stablecoins, which are a far greater threat to the system they represent.
2785  Economy / Economics / Re: America's Egg Shortage Is About to Get a Whole Lot Worse on: February 07, 2023, 04:52:44 PM
I noticed that the price of eggs and chicken went up, but I didn't connect it to the bird flu, because for some reason this news was not widely reported in the EU. However, it seems that last year was marked as "the most devastating" in the EU in the last few years, which probably affects the prices of poultry products.

It seems that our chickens and turkeys will soon have to be vaccinated, and what will happen to wild birds, will they also be caught and vaccinated?

Europe has been gripped by its "most devastating" ever outbreak of bird flu in the past year, European health authorities said on Tuesday as experts study the feasibility of vaccinations.

Between October 2021 and September 2022, around 2,500 outbreaks of bird flu were detected on farms in 37 European countries, the European Food Safety Authority, the European Centre for Disease Prevention and Control and the EU said.

In that time "some 50 million birds were slaughtered" on affected farms, the EFSA reported.
2786  Economy / Service Discussion / Re: [DONATION] A donation campaign for the natural disaster happened in Turkey on: February 07, 2023, 04:10:10 PM
A terrible tragedy has struck Turkey and I can only say that I sympathize with the Turkish people and hope that help will reach all who need it as soon as possible. A few years ago, less powerful earthquakes also hit my country and caused great material damage, but what happened in Turkey is a terrible tragedy that can hardly be compared to anything else. What I know is that a special team of 40 people with tracking dogs has been sent from my country and that other countries are sending help.

I will gladly send my donation as soon as the BTC address is available🇹🇷
2787  Economy / Economics / Re: Bank of China ex-advisor calls Beijing to reconsider crypto ban on: February 07, 2023, 03:19:45 PM
~snip~
Anyway, I'm sure China will lift the ban sooner rather than later. Bitcoin can't be stoppedCool

It's clear from my previous posts that I don't share all that enthusiasm about China and Bitcoin, although I understand why most people are fascinated by just the possibility of this happening. However, it is wrong to look at things only from the perspective of quick profit, and not to look at the long-term effects of such a decision. I would not like to go through all those dramas that have always been going on somewhere in the background of the Chinese crypto industry made up of lies, deceptions and insane trading volumes that they used to manipulate prices.

I know I'm asking too much, but will people realize that China has always done more harm than good for Bitcoin?
2788  Bitcoin / Bitcoin Discussion / Re: I am stopping for legal reasons. Is it really worth the trouble? on: February 07, 2023, 12:06:57 PM
~snip~
They are putting people in jail if they know we possess crypto.

Nobody wants to go to jail, and if that's the punishment even for owning cryptocurrencies in your country, then accepting them as a means of payment in your store is nothing more than asking for something bad to happen to you. You have to accept that you live in a country that does not have a friendly attitude towards such things, and the only way to change that is to change the current politicians, which means that the crypto community should be much more active in the next elections and elect people who think differently (if they exist).

Another way is to move to another country that doesn't have such laws, but that's not an easy decision to make, especially if you have someone you care about and you can't take them with you.
2789  Other / Beginners & Help / Re: Introduction Of self as Sandra99 on: February 07, 2023, 11:50:29 AM
any Suggestions for me ?

Plagiarism is against the rules of the forum and the punishment is a permanent ban - and some have already expressed their suspicion that your posts are the work of AI. Also, someone who just came to the forum is certainly not qualified to immediately start discussions about how to make the forum a better place - because first you need to gain some experience to be able to help others with advice.
2790  Bitcoin / Bitcoin Discussion / Re: Gavin Andresen calls it a "mistake" to trust CSW on: February 07, 2023, 11:06:28 AM
In my opinion, GA should have become a person of distrust the moment he went to the most famous three-letter agency and opened his soul on the subject of Bitcoin (for compensation, of course). I always wondered how Satoshi could even consider such a man as a trustworthy person and give him credibility after he left.

The damage done by GA when he stood by Faketoshi is irreparable regardless of all his apologies - and the question is why he is bringing up this topic again as if anyone with a modicum of common sense doesn't understand what actually happened.
2791  Economy / Economics / Re: U.S. credit card debt jumps 18.5% and hits a record $930.6 billion on: February 06, 2023, 04:31:22 PM
I don't know how much that debt amounts to in the EU (if it is possible to determine it at all), but I know from personal experience that most people reach for credit cards and that this has become quite normal. I think that last year in my country, even the government intervened because the banks approved very high loans, without clearly informing the clients about the conditions, and this led many into debts that they could hardly pay back. As @Mauser wrote in his post, at a time when we have record high inflation, it is to be expected that people will reach for any possible help that is within their reach, no matter how much it costs them in the end.



Our current economic and financial situation is one where many believed crypto currencies would emerge to the forefront and begin to shine.

It's very easy to trick people into thinking that a bull run has started, whether it's Bitcoin or stocks, but somehow it doesn't seem to me that ordinary buyers have taken the bait this time. I read some analyzes about what possibly caused the positive changes in most markets at the beginning of this year, and some claim that big investors, mostly from the West, are responsible for it - considering that the jumps happened at a time when the Asian market was inactive.

On 31 January 2023, Woo told his one million Twitter followers:

“This recent rally coincides with a new pattern emerging of stablecoins flowing into exchanges during work days only. Seems to me like the heat signature of large institutions doing the buying.“ “Timing of the inflows spans approximately 16hrs, with the quiet zone being Asian work hours. This suggests it’s Western institutions across US and Europe.“
2792  Economy / Speculation / Re: Enough? on: February 06, 2023, 03:37:52 PM
^ Ah, I remember this Club 21. It was 2016 for me and I said, sure, I'd love to try for that, but maybe 1 BTC first -- I wasn't to know 2017 would leave all those plans far, far behind haha.

I don't know exactly when this idea was first mentioned, but I found a topic from 2017 in which you also participated, and at the time 21 BTC didn't seem like a big number to most people - although according to your calculation it only took about $40 000 to become a member of that club.

I don't think most people, myself included, could ever hope for that membership even today, even at sub 20k, but I'd like to think that at some faraway but not too distant point in the future, even 1 BTC would be some hell of a fallback plan!

I agree that it is an unattainable goal for most, especially if someone is starting from scratch, and even if you had 10 BTC it would still be a big challenge. In that case, selling those 10 BTC at the peak and then buying after a 60-70% correction would definitely be a ticket to that club.
2793  Bitcoin / Bitcoin Discussion / Re: Lost Bitcoin? on: February 06, 2023, 03:06:47 PM
If you buy bitcoin for $69k, now your asset value has lost more than 60% of its value, compared to inflation from 2022 to the present, bitcoin is causing a bigger loss.

Why are you trying to talk bad about fiat and use nice words for bitcoin? While both are important in life and we can properly allocate assets to both.

If you buy Bitcoin only to sell it at a higher price at some point, then you are making a really stupid move if you do it during a big bull run and then find yourself in trouble when the correction follows. Anyone who has any idea how the market works will not find themselves in such a situation, but it seems that there are many who have not learned anything from the mistakes made by other people.

I agree that you shouldn't put all your eggs in one basket, because that's the only correct way to try to protect yourself from all risks - but in general, fiat is one of the worst ways to store value, especially if you look at it in the long term. It's true that Bitcoin is extremely volatile, but if you were to take a 4-year period into account, anyone who invested in late 2018 at a price of roughly $3500 has profited over 600% today.
2794  Bitcoin / Bitcoin Discussion / Re: What is the best way to earn with your idle bitcoin (if there is a way anymore?) on: February 06, 2023, 11:50:32 AM
~snip~
If there isnt really anything out that is relatively safe i am happy to continue hodling it on my ledger. But if any of you guys are aware of something new that i havnt heard of please feel free to let me know thanks.

If we know that the only correct way is for everyone to be their own bank, that is, to control their private keys - then all ideas of lending Bitcoin for the purpose of making money are completely wrong. If you just look at what happened in January this year, ask yourself the question - where else could you have profited as much as 40% in just 30 days and all that without risking and doing practically nothing?
2795  Economy / Speculation / Re: Enough? on: February 06, 2023, 10:50:26 AM
~snip~
For me, in bitcoin terms, enough would be the 1% of the network, so, if there are 21M BTC the 1% would be 0.21M BTC or 210,000 BTC.

Don't you think that 1% of all possible BTC is too much? Even at today's prices, 210 000 BTC is an amount that even the biggest Bitcoin bulls like Saylor or the Winklevoss twins don't have - and realistically nobody needs that much wealth. In some earlier days, there was some idea about joining the 21 BTC club, and I think that this amount for the future is quite enough to make everyone a millionaire in USD or EUR.
2796  Economy / Scam Accusations / Re: Ponzi SCHEME Bitnaka on: February 06, 2023, 10:31:37 AM
I have noticed several topics in which the member in question tries to promote his ref link from one CEX, and also to his personal website, which I assume contains many more Ponzi schemes. In any case, promoting ref links in posts as well as any type of hidden advertising in posts is prohibited.
2797  Bitcoin / Bitcoin Discussion / Re: Lost Bitcoin? on: February 06, 2023, 10:13:52 AM
If we want crypto currency to be a currency we have to keep spending right?

That was some kind of idea in the beginning, but when people realized that Bitcoin works better for them as an investment than as a currency, we got what we have today.

Is it possible to say that Bitcoin in every wallets for the past 2years without moving are considered lost due to death or lost recovery keys? It's pretty hard to believe that anyone won't come back for their Bitcoin after 2years with no activities on the wallet.

I thought that those geniuses from various companies dealing with blockchain analysis had strange ideas in the past when they said that all BTC that has not been moved for 4 years is lost, but now I see that there are those who have even stranger ideas. For someone who has been on the forum for a long time, where long-term investing is discussed dozens of times every day, you really have strange thoughts - and not only when it comes to this topic.
2798  Economy / Services / Re: Vcc for PayPal until 2027 on: February 05, 2023, 03:38:39 PM
verification service for 5 years (until 2027). Once verified, the limits for transactions and possible account blocking are eliminated.

Someone correct me if I'm wrong, but adding a card to a PP account does not mean that all limits are removed - because PP blocks the account after a certain limit has been used, and requires verification with personal documents. Verification by adding a card and verification with personal documents are two completely different things.
2799  Bitcoin / Bitcoin Discussion / Re: Electrum Account Limits on: February 05, 2023, 03:10:32 PM
Are you using an app? An account online?

I got contact with someone from Trade Control...

The only thing I can find that matches the description of what the OP describes is the following page :

Code:
https://trade.trade-control.net/

It doesn't seem very credible at first glance, and it probably isn't, considering that without registration it is impossible to find out any useful information.
2800  Bitcoin / Bitcoin Discussion / Re: Electrum Account Limits on: February 05, 2023, 02:31:50 PM
I've have a 1.2 BTC on my Electrum account but they let me already 3600€ on BTC pay for the  " taxes" and now.
---
On my Electrum account I don't see any BTC or €

How did you conclude that you have something, and you yourself say that you don't see anything on your "account"? On the one hand, the one who deceived you is guilty, but you are equally guilty because you believed in such a foolish thing. This type of scam is one of the simplest, but it also seems to be very effective, whether it is selling watch-only wallets or paying some kind of fees to enable the withdrawal of funds.

I hope you've learned your lesson, in the end it's just money that you obviously have - otherwise you wouldn't be able to allow yourself to throw it around so lightly.
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