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2881  Bitcoin / Bitcoin Discussion / Re: Cz taking advantage of the Nigerian government ban on bitcoin wrongly. on: February 08, 2021, 07:15:27 AM
I really don't think CZ sounds like "Hold your coins in Binance"! Not even a bit! It sounds more like an alarm to the Nigerian traders on what they should do next! I think we are being ultra-sensitive here! Crypto exchanges are super prone to hacking and we all have experienced such incidents. So anyone knows about cryptocurrency, would not keep their cryptos in any exchange if they just want to HODL it.

But CZ, rightly said - the p2p trading will flourish as the financial institutions will not allow crypto related activities and possibly freeze many accounts post the exit timeline if they see any crypto related transactions. So the cash transactions will increase. I really want to condemn Nigerian government as it shows their regressive mentality. I believe same is going to happen in India as well! 
2882  Bitcoin / Bitcoin Discussion / Re: Visa - Did you all miss this? on: February 08, 2021, 05:57:55 AM
Quote
Visa V -0.2%, a one-time enemy of the bitcoin and cryptocurrency community, is fast becoming one of bitcoin's biggest cheerleaders.

The article starts with this statement and I wonder when did Visa spoke against bitcoin in any of their public statements! I don't think so! However, they are a business organization and cryptocurrency has opened up a new business horizon in front of them. So they are just jumping in to get the benefit and expand their horizon. No doubt they have taken a wise decision in the ever-changing business landscape.

Visa has a bigger plan. Last year they have filed a patent in US for a private blockchain system.

https://www.pymnts.com/blockchain/2020/visa-seeks-patent-digital-blockchain-system/

They are planning to become a cash free company in near future!
2883  Alternate cryptocurrencies / Altcoin Discussion / A cross platform gaming cryptocurrency is in the making on: February 07, 2021, 05:54:23 PM
I have just learnt about a new coin called BUFF from an online article.

Quote
BUFF is a new blockchain-based project aimed at bringing the gaming and crypto community together. The project is a straight-shooter, it rewards you for the time you spend playing the game, given how big the CSGO community is, it’s no surprise that the developer chose it to kick off their project.

Ref: https://www.talkesport.com/news/you-can-now-earn-bitcoins-by-playing-csgo/

What I understand is that, the developers are trying to build an ecosystem where any players will be rewarded for their time they spend on gaming. Do you think such kind of coins will be able to become successful?
2884  Bitcoin / Bitcoin Discussion / Re: The unconfiscatable Bitcoin and what governments are to do about it. on: February 07, 2021, 01:47:24 PM
So after reading the news story on how police can't open seized BTC wallet with $60M in it I'm thinking what governments are to do about not being able to confiscate BTC.

But the police can ensure that the funds locked within the wallet stays where it is and nobody can get access to it! That's confiscation as well! Yes, government wouldn't be able use that fund! So the goal is anyways reached!

Quote
This a serious point of tension between any government and BTC since the govt has to have the right to seize property to protect property. I know many here rightfully don't like govt powers because of corruption but if someone steals BTC or steals something and sells it for BTC, it's imperative for a society to be able to restore the ownership of property.

What do you think will be done about it? Am I missing something?

Topic on the news story:
https://bitcointalk.org/index.php?topic=5315171.0

You are right in your comment! We have seen many cases of frauds where bitcoin was involved! And unless and until the key criminal is arrested, it may be very difficult for them to serve justice and restore the ownership of the lost/stolen property! But the case you have sighted is somewhat unrelated because no restoration of ownership is needed as the hacker didn't steal anything but the computing power!
2885  Bitcoin / Bitcoin Discussion / Re: Bitcoin FreeFloat Supply on: February 05, 2021, 04:49:45 PM
There may be many factors they have undertaken to reach to this figure of 14 million but it's impossible to get to the correct number. Probably they have decided a timeframe and calculated how many bitcoins have not been moved beyond their chosen timeframe. That's one of the efficient ways to estimate the lost bitcoin but again it is impossible to reach to a correct number.

However, the reduced number of freefloat supply definitely means, bitcoin can be more valuable based on current demand. While these kinds of chart or information doesn't usually have much impact on the market but yes, a good thing to know!
2886  Bitcoin / Bitcoin Discussion / Re: How to make money with bitcoin 0-confirmations spending, what are legal risks? on: February 05, 2021, 02:22:28 PM
Lol! You understand that you are doing something unethically and you still keep on doing it and getting worried about legal consequences? The legal consequences would convict you as a cheater and a thief, but only if they can catch you!

I am sure the owner of the mixer will eventually fix the loophole once he notices his financial loss! So whatever you guys are doing, are short lived!

I think, you must have received few PMs already asking about the address of the mixer!
2887  Economy / Economics / Re: PayPal cryptocurrency trading volume beyond expectations on: February 05, 2021, 05:34:14 AM
Can someone answer the below questions??

1. Are we allowed to withdraw the cryptocurrency to our own wallet after purchasing it from Paypal?
2. Can we deposit cryptocurrency to Paypal which was not purchased from them and sell them to Paypal?

As far as I know, we are not allowed to do such operations but if things have changed, can anyone let us know?

2888  Economy / Service Discussion / Re: Bitcasino blocked account, verify passed. on: February 04, 2021, 05:21:16 PM
Hello, have anybody issue with bitcasino? They ask me to verify, i verified and no reply. Amount 1.6 btc.

Bitcasino has a representative in this forum so send a PM to that representative. Profile like is given below,

https://bitcointalk.org/index.php?action=profile;u=2087138

If nothing happens, open a thread in scam acquisition section,

https://bitcointalk.org/index.php?board=83.0

I don't think bitcasino would do any scam business for 1.6 btc even though it is a big amount of money! But I would suggest you to try these route! Let us know about the outcome!
2889  Bitcoin / Bitcoin Discussion / Re: Who are you according to Glassnode classification? on: February 04, 2021, 03:39:19 PM
The categorization looks surprisingly wired! How come Shrimps are so less in percentage? I believe they should have the most number of people! Same goes with Crabs as well, they should stand in the 2nd position. Also humpbacks and whales should have been the least populated category.

I really doubt the correctness of this data! Looks kind of funny!
2890  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Elon Musk shill for DOGE on: February 04, 2021, 12:57:42 PM
It has been a while Elon Musk shill for DOGE and that's what happened today again. 2 tweets from Elon Musk. Both were interesting. But I don't get the exact reason of his shilling behind the shilling. He once said he only owns 0.25 BTC which his friend gifted him long ago.

I think he is probably joking when I read Elon's tweet that says - "Dogecoin is the people's crypto" and his second tweet confirms my assumption that says - "No highs, no lows, only Doge"! These are fun tweets without any serious thoughts behind them!

But look, even if this is fun, Doge is up by 50% today! So traders might have made some handsome returns just from Elon's tweet! I had few thousands of Doge few years back and now I forgot where are those!
2891  Bitcoin / Bitcoin Discussion / Re: Interesting Data: Top bitcoin or cryptocurrency apps of certain countries on: February 04, 2021, 07:15:25 AM
  • iPhone(iOS) users are far more likely to download bitcoin or cryptocurrency apps
  • Binance sure is extraordinarily dominant
  • Italy, seriously?
  • First and second world countries are more likely to download bitcoin or cryptocurrency apps
  • Dear Turkey and Romania, what the hell is this Pi Network thing and why is it so high up in your list?

That's all, folks. Hope some of you found this slightly interesting at the very least.

Good insight! However, I am little surprised to see that Pi network is so popular in Turkey and Romania. It is just like any other shitcoin that can be mined from mobile and also it is not truly decentralized. Also to use Pi token, you need to be fully KYC compliant. I am not sure how it has reached to such a high position in these two countries.

For India, Coinswitch is really doing well. One of my friends wanted to experience and invest in crypto so I helped him opening an account with Coinswitch. They are a government registered entity and has a very simple and smooth KYC process. Their list of coins are also extensive and the user interface is really easy to understand for a nube. They are really doing well in India and recently they have raised $15 million in their first round of funding.

It's indeed a great sight to see that crypto related apps are gaining popularity worldwide. The market is at a very nascent stage now and we are seeing great results. Hope this trend would continue!
2892  Economy / Economics / Re: Risk-takers always ahead financially on: February 03, 2021, 06:17:39 PM
  Life is all about taking risks and the same thing applies to getting money. You can't just fold your arms wishing you had money, the best way of being ahead is by getting started.
  When opportunities that can lead to money arrive, many people out of fear, laziness and curiosity always doesn't grab them and they'll be waiting for someone to try so they can see the outcome, that doesn't make you smart it'll only delay or stop you from encountering your financial breakthrough.
  You should cultivate the habit of being well-informed about the financial opportunities circulating around the globe so when you get the chance never allow fear, laziness or being too curious to stop you. money is not for the weak so be brave.

I truly support this statement and I am one live example! When bitcoin was introduced back in 2009, then I was very active into online money making world and I indeed came across bitcoin. I used to have a powerful laptop of that time where I could have easily mined a great quantity of bitcoin. Just out of laziness and less curiosity, I didn't enter that market and carried on with the freelancing work. I know I could have become a millionaire by now but I can only look back at my mistakes!

So yes, people who are willing to take risk and willing to adopt the unknown, have better financial future!
2893  Economy / Gambling discussion / Re: Cryptos are coming to physical Slot Machines - IGT received the patent! on: February 03, 2021, 05:06:49 PM
Obtaining a patent for the use of cryptocurrencies in physical gambling machines is a great step forward, but I am sure that the authorities of many countries will prevent their implementation by all means because it does not fit in with the taxation system and does not allow you to control the flow of money.

Possibly true for the time being! However, in the long run the matter of crypto regulation will become black and white in majority of the countries. There will be few countries, where crypto will become banned and majority of other countries will introduce some kind of regulatory framework around crypto usage. I am sure IGT is thinking for long term most certainly and once the regulations are in place there will be no going back for IGT! But it will probably offer better user experience to the players!
2894  Economy / Economics / Re: Miami Mayor Will Allow Employee salaries in Bitcoin on: February 03, 2021, 02:10:36 PM
I wonder why not all leaders are like him!! Miami is lucky enough to have a mayor like Francis who seriously wants to welcome bitcoin like any other currency of the world. Only such leaders can bring positive changes among their citizens and can take steps towards achieving financial freedom!

Unfortunately, I live in a country where the leader is planning to impose a blanket ban on bitcoin citing the risk it bestows. We really need more people like Francis around the world for a better functioning society!
2895  Economy / Services / Re: [OPEN SPOTS] ChipMixer Signature Campaign | Sr Member+ on: February 03, 2021, 12:16:17 PM
Just trying my luck even after being fully aware that the pay-per-post amount has been reduced.

Username: avikz
Post count: 5615
Segwit address: bc1qpap4pmturdqg9vahlq9mg7hd0hdwrg46npctge50us7xlwudpuwqysweu2
2896  Economy / Gambling discussion / Cryptos are coming to physical Slot Machines - IGT received the patent! on: February 03, 2021, 05:27:13 AM
Possibly another boost to the crypto market. The largest manufacturer of slot machines International Game Technology, or IGT, received a patent on 5 Jan, 2021 for a system that would enable gamblers to transfer crypto from their accounts into a “gaming establishment account". So once this system is implemented, the physical casino players wouldn't have to use bitcoin ATM to play slot games!

Quote
According to records from the United States Patent and Trademark Office, International Game Technology, or IGT, received a patent today for a system that would enable gamblers to transfer crypto from their accounts into a “gaming establishment account.” The patent filing shows payments in Bitcoin (BTC), Bitcoin Cash (BCH) and Ether (ETH) as examples for users transferring crypto from their private wallets to wallets connected to casino accounts.

“IGT secured this patent to bolster its industry-leading patent portfolio in anticipation of any possible future direction in regulated gaming involving cryptocurrency,” said spokesperson Phil O’Shaughnessy.

News ref: https://cointelegraph.com/news/slot-machine-manufacturer-gets-patent-for-crypto-payment-options

Physical casino gambling market is a few billion dollars industry! Another step towards adoption, I believe! 
2897  Economy / Economics / Re: Does Bubbles add real Value to economic growth? on: February 02, 2021, 05:50:50 PM
Over the weeks, we have seen bubbles being created in the market by some powerful people such as Elon Musk.

For instance, he recently tweeted that he will be speaking on Clubhouse today regarding DODGECOIN. Adding this to the reditt marketing force.

I want to know if the bubble these economic agents create will add to the value of the economy.

You know bubble would also correct itself.

On papers! Yes, bubbles like this add value to the market but on papers! Some lucky people make some good amount of money out of such bubbles as well! However, if you talk about adding real value to the market, then it's a big no no!

People who are really active in the market, they always look for such news based opportunities, just like the real world stock market! These bubbles burst quite often which creates more opportunities!
2898  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Forget ETH, what are some low market cap coins to buy you LAMBOS for $100? on: February 02, 2021, 05:00:44 PM
My best bet for 2021 is UNISWAP and Monero! The reasons are simple. UNISWAP is just few months old and it has reached 13th position within a very short time. Their swap interface is super easy for even newbies to use and hence they are gaining more prominence. I had actually mined few coins through liquidity mining when it was open and bought some at 4 USD! Look at the price now!

Secondly, I see XRP as a very useful coin because of its privacy features. With the upcoming crypto ban in my country, many will be forced to adopt XRP to hide the trail of their crypto assets! I am also glad that I can mine it using my Ryzen 9 CPU!
2899  Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto Latest: I Am Not Craig Steven Wright. (CSW v SNW) on: February 02, 2021, 03:23:50 PM
I am not sure what is the meaning of your thread and what exactly you are trying to establish. I tried to do a little google search but couldn't find anything on this! At least share some reference so that people can understand and decipher the meaning!

Vlad2Vlad profile: https://bitcointalk.org/index.php?action=profile;u=112208

What's next?
2900  Economy / Gambling discussion / Re: May-Pac 2, will it finally happen? on: February 02, 2021, 11:15:48 AM
Floyd Mayweather offered Manny Pacquiao rematch after exhibition delay

Quote
Floyd Mayweather has been offered another chance to accept a rematch with Manny Pacquiao following his exhibition match delay.

The former pound for pound king was due to face a YouTuber opponent on February 20 but had to postpone.

Reports of low sales for the fight and the potential to wait for a crowd, alongside a clash with Top Rank’s world title card on the same night, have all made headway.

Mayweather is yet to confirm anything regarding the event. His team had not visibly begun to push the promotion of the Pay Per View either.

Therefore, the ‘Money’ man could be once again open to offers. That’s where Pacquiao could come back into play.

Sean Gibbons, head of MP Promotions, urged Mayweather to accept his advances to give the Filipino Senator a chance for revenge.

“Floyd, you can come and get some! Senator Pacquiao will send you into double retirement,” said Gibbons.

Fans will get what they deserve soon, and hopefully Pacquiao  will win so it will not be another boring fight.
The fight of Logan Paul vs Floyd Mayweather being cancelled was a good thing as it opens a new opportunity for this fight to happen.

What's your thoughts?


The ball is in Mayweather's court and I don't think he has a reason to say no! Especially when big money will be added to his bank account regardless of the result of the fight! However, the fight that happened few years back in Las Vegas, was a letdown to the boxing fans!

Also both "Money" and "pac-man" have passed the usual age of retirement. So such kind of "exhibition" fights will be a good chance for making some quick money for both of them!
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