What is the reason why people should use mixers (if they for example want do launder btc)? Never used such services but for me it seems better just buy some forks on exchange and buy bitcoins back. At least you won't get even dirtier coins than you had before.
My contribution is most times the fees involved as we have seen some mixing services that gave the option of donation rather than compulsory fees which the signature I am wearing is an example, but in the case of exchange sites, that cannot be avoided for any reason. Another, is the just the annoying kyc that is put in place which a lot of people avoid but for reputable mixing services, you don't have to bother yourself about that. |
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I need 0.5 BTC loan to pump up my new crypto product store CoinGears.com.
In return:
30% of all profits for the life of the store + the full loan back in 2 months.
Any takers? I've been a contributor to this forum since 2014. I'm the original owner of BitcoinValues.net; one of the first bitcoin blogs that was sold to 99bitcoins.com. I have a proven track record.
It may be a better idea to start something such as a crowdfunding/ICO campaign for this instead? Or look to sites like BTCPOP.com instead of requesting a loan here. Unless you have valid collateral, there probably aren't many people who would lend you as high as 0.5 BTC for your buiness venture (also, how much did you get from the sale of bitcoinvalues.net)? After reading through, I couldn't agree less that you don't have a collateral but the issue is that its not valid over here and I also think that the above is the best option you have at this point. Another option you can look into is to get someone to finance your project like an investor but be ready to let go of some portion of your profit as return on investment because 0.5btc at this point is a whole lot of money any might not be able to afford on a platter. |
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Appreciate the reply! I knew about both methods but just wondering if there's an even more straight-forward way that I might have miss out on. The second method that you suggested work well if you check the thread again shortly after posting your own message and there's not much replies else you will still have to dig through all the comments.
It could really be frustrating when you posted on say page 3 and the next time you want to check it has reached page 12 but j think there is a a way you get notification when a new reply have been made to the post you commented. Although, I have not tried it but a quick perusal of my forum shows that when you click on the notify button and I think that should meet your need on this issue. |
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Anyone knows how long does it take for yahoo62278 to review your posts to get off the SMAS list on his managed campaigns? I sent him a PM like a week ago and still no reply. My ban was during the bitmixer campaign I think.
Do I need to get off both lists or if I get off from yahoo62278's it's enough to participate on yahoo62278 managed campaigns?
Do I also need to contact Lauda? Lauda asks for the round of the ban, I would need to look it up. yahoo62278 asks for something or only contacting him?
If your ban is from Bitmixer, then you will have to contact Lauda for it and also if you are on more than one list, then you will have to contact both managers. However, I think for Lauda you will have to wait for 60 days and for Yahoo maybe 30 or 60 days. You can read through the thread to know more. Also, you will have to check the thread yourself to know the round you have been banned then follow the steps that is being set in other to get off the list. |
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We need Satoshi's vision here guys  we need BIG Wu to fork us a new forum. since anyone with a red tag is treated like an excon it is unfair to let just one person decides to label people, we need juries to decide. If a single DT member tags someone their color should be yellow instead of red until all the members of jury verify that the tag was legit. From all the suggestions I have read, I will agree with this in other to give anyone tagged a fair hearing and also a second chance however, there should be exclusion of some outright red for example for someone who came with the intention to scam then I don't think a jury is needed for that but there are some other peculiar cases that needs to be adjudicated upon but the problem is who are those that will make up the list, is the trusted members that won't want to go against each other for the fear of being tagged or who? Also, what will be the time frame, who will this position be paid? among other important questions to be answered for effective implementation. |
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The eventuality will happen and bothering or planning won't stop it whenever its going to happen its going to happen and whatever will happen after is not any of someone concern because you will no longer be there to see how it infolds whether the people coming after do it well or say something wrong about you, all of that does not matter any longer because you are gone and you won't be coming back. So, live everyday like its going to be the last of it.
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This is a question I even ask myself on the category bitcoin falls into a deeper analysis I will conclude that bitcoin is in between the two as it shares some characteristics as an asset and also as a currency because as a currency today, we can use it to purchase an item and with service providers accepting it as an asset on the otherhand means it can then be used to generate value which is evident in holding or trading it.
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People must understand that Bitcoin isn't anymore the plaything that it was years ago. Every exchange will face difficulties if they don't properly register their activities - especially when it comes to allowing people to exchange/trade crypto versus USD. If an exchange isn't willing to go through whatever is needed to be allowed to run a platform that involves USD, it will experience what BTC-E has gone through, what Bitfinex is, or will go through, Poloniex, etc. BTC-E however is reported to be involved in the MtGox theft back in the days. I don't like the government shutting exchanges down, but in case of BTC-E, if they are really one of the master mind behind the MtGox theft, may all involved entities burn in hell.
You are absolutely right mate, Most of the person in this industry they don't know the deepest meaning of bitcoin. Those exchange too must realize how to do proper requirements to make their activities be well organize,. That's why there is a big possibility that bitcoin can be a threat to dollars because of its criteria it has which is bitcoin. Exactly the issue here what they will try to do is to frustrate the activities but despite that, there are some companies into bitcoin already complying with the requirements of the law which they will even go to any length to comply because they cannot afford to fail and the moment that his done the ones who can't will fizzle out, people will migrate and a lot of people will move on to other things but at the same time,it will open a new set of massive people to come in by the time they see government regulations strong, they tend to have confidence in the process. |
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Aren't hackers active all the time? There are some periods of intensive hackers campaigns aimed at certain goals but in fact you have to protect your coins all the time equaly. I'm not aware that these days hackers are performing or preparing some special attacks but it's always good to take all security measures you can.
Exactly my point, hackers have always been on the lookout every now and then looking for who to rob of his funds or coins and what we dont know is before an hacker will get a break through, it would have been after several attempts. The most common ones are scams attempt such as phising, cloud mining, scam mixing services, HYIP services among others but we are quick to assume that is an hack where as its not. That being said, exchange sites are prone to such attacks as they are always the subject of targets. |
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I have heard people talk about how quantum computing could kill Bitcoin, so would Bitcoin be able to "fork off" into a quantum resistant blockchain in a kind of hard fork when the time comes?
The suggestions that quantum computing could kill bitcoin are made by people who don`t know anything about quantum computers or the blockchain. I think that the human civilization would need decades to make quantum computers cheap and available for the majority of people.I don`t see this as a threat,perhaps this is an opportunity to improve even further all the crypto technologies. Based on this your argument then bitcoin and blockchain is not safe because if you really follow the way technology is advancing, then you will know that the years that is being estimated to arrive at your conclusion could be fifty years early which is why there is need for further development of the blockchain technology to withstand any attack now or in the future. But I expect that Satoshi in his wisdom must have known this before concluding on bitcoin. |
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Because more and more people are getting interested with btc and law of supply and demand will also apply to this. But I personally think that most people view btc now as a rare asset.
Yes I think so, bitcoin is increasingly trusted by the market and many users are buying bitcoin, but bitcoin production is increasingly limited, this is what causes the higher bitcoin prices. And possibility of the end of this year the higher the price, take this opportunity to gain profit.  The issue of BTC rising in my opinion, is more than what are giving there but my opinion is that corporations are coming in and coming in hard even government might not own it openly, but I feel its happening as well as rich people looking for where to hide their money away from the prying eyes of government and its agencies. In conclusion, its beyond the individual 1btc or 10btc but the moneybags that can afford like 100btc at one and without thinking twice. |
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Biggest threat to them especially central banks is bitcoin. These elite 1% of the world population have power and control over everything and i find it hard to believe that they will let bitcoin grow and overtake them.
Central banks can create unlimited fiat money out of thin air. Can they use that unlimited fiat money to keep buying all the bitcoin to drive the price up and when it is at its highest create a huge sell order to crash bitcoin and kill it off?
Is there any suspicion now or evidence to show central banks is buying bitcoin at whatever price with their printed fiat money for the sake of crashing bitcoin?
Unfortunately they will have to accept bitcoin because if they cannot stop it then they cant find a way around it. But that does not mean they cant still have their way in bitcoin in the sense that by the time they realize that they need to fall in line, then they create another bank to handle crypto currency and when they do that, it then mean they will have to buy a lot of it to be able to maintain the reserve, Since they then have the funds they can make that happen. With that, they can still control the activities of the crypto community. So, not all news are meant well in the long run. |
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Then if this should happen and the implementation is on a large scale, then I would be very happy and it won't take too long for other competitors to start following suit in this. But news like this, they tend to leak the news then wait for the reaction of the people before setting the implementation in motion which might take months or years to put the necessary infrastructure in place. |
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The possibility of this happening is very much possible and I have not even read on the thread before reading somewhere else on how a company is planning to invest in satellites in other to ensure that bitcoin transactions are carried out without internet connection and this is very much not impossible which can equally make the use of mobile phones possible and if the penetration is going to be high, then advancement in technology needs to start looking into that direction.
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Someone owns cryptocurencies since long time ago, been exchanging them one to another via shapeshift and other anonymous exanges, never sold them for fiat yet. Value of portfolio dramatically increased. At one day he decides to move some part of capital into other assets, like real estate, stocks, or create a business. He is free to move anywhere around the world and/or change tax residency.
What would be the best strategy for him?
PS. He is libertarian minded and wishes to prevent terrorism financing (invest in state violence via taxation scheme).
I would suggest you move to Africa since you don't have any issue moving anywhere because in Africa the process of entry is not as difficult as European countries or advanced countries, cost of living is relatively low, and aside thst, the financial system is not fully regulated like that of the advanced world what you need is just a net of trust worthy guys to make the exchange to the fiat of the country you looking to go, and you are good. |
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Remember the target created by the faith and the hope of trader on market, after breakout resistance line at $3,000 (the target of Bitcoin in early this year), I can't believe the price of Bitcoin can continue pass many resistance price until today, so everything is possible happening Exactly and that is why the speculators which is everyone of us will still want the price to continue rising and the bold wont even wait till it gets to $5000. The moment it reaches say $4800+, the next category of threads you see here will be "Bitcoin to the moon, $6000 is happening soon". In short, we are all ruled by our greed and nothing else. Someone who bought at $1000 wont still sell at $5000 because of the guilt if it increases to $7000. |
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With the price at 4100 USD per bitcoin. Is it a good time to join? will it go pass the 5000 USD mark?
Its so sure that bitcoin will surpass the 5000k mark but the time is what no one is sure of and its not going to happen by magic because in the last few days, it has been hovering between $4000 and $4400 and as been stuck at this level. I guess we will have to witness some level of some stagnancy before we will see another massive breakthrough occasioned by some events which is not limited to the upcoming SegWit activation. |
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PayPal's former COO said in an interview that bitcoin is fulfilling PayPal's original vision to create "the new world currency." Some of the interesting points in this conversation. Bitcoin becoming the new world currency. Cryptocurrencies like bitcoin are now fulfilling that original vision. They are doing it in a decentralized way (with a decentralized database called the blockchain) whereas PayPal tried to do it in a centralized way. Reply to Howard Marks comment that Bitcoin and other digital assets aren't real. Marks isn't wrong to raise an alarm bell about speculation, but he's wrong in saying it's not "real." That's like saying software isn't real. Of course it's real.
Did the U.S. dollar become less real when it stopped being backed by gold? Cryptocurrency is the next step in that same evolution — to make currency more virtual. Why people living in politically and financially unstable countries are quick to adopt bitcoins? Bitcoin enforces its scarcity through a combination of cryptography and economic incentives ("cryptoeconomics"). A lot of people find that more comforting than relying on the good faith of a government. In math we trust.
People in parts of the world with less trusted systems have gotten it sooner because almost anything would be preferable to having their life's work trapped in a fiat currency that could collapse or be confiscated at any moment. Cyptocurrencies and dot-com era, programmable money. For those of us who lived through the dot-com era, this feels reminiscent. You have some of the same speculative excess and random enrichment. But you can also feel that something revolutionary is happening. Money is being made programmable. That's a fundamental change with implications we can still barely see. Rather than being bullish or criticizing bitcoin/cryptocurrencies, undstanding the potential of cryptos, Sacks makes some interesting valid points. https://www.cnbc.com/2017/08/14/david-sacks-cryptocurrency-interview.htmlEven though I dont fully agree with the comment he made there but one obvious thing I see is the recognition given to bitcoin and the blockchain technology which is something I see as a plus and at the same time a further confidence in the industry and for even comparing it with a worldwide processor like PayPal that they set out to achieve the same objective, then its not a small thing which I hope it will continue and more people who are important in the financial world can come out and do same. |
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Controlling prices artificially is not a good idea, governments have been trying to do this for centuries, with terrible results. But if you mean helping the price to grow organically, the best way is to promote the benefits of Bitcoin to others, and if you're a high skilled developer, you could create features and apps for the Bitcoin ecosystem.
Actually, there is no way you can stop the crashing/bear market. The price will always keep going up or down actually, as far as the community/users increases and decreases. There is nothing to worry since, since the price keep rising everyday, and even if there is a noticeable decrease, it still picks up. But really there is something to be done about the issue of volatility but from crashing, I guess that will be based on our collective effort to stand strong even in the face of much uncertainties and panics because these are the times that the faith or love or even commitment we have in bitcoin, is really put to test and if majority of us can stick to that, I am sure we will do well in mitigating against the crash although we might not be able to stop it, but we can really reduce the impact. |
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Did you read the stickied posts? The Lending section is not about just taking money with a promise to pay it back. You have to provide collateral, or else there is a 0% chance that you will get a loan. If you can't provide collateral, you will have to go somewhere other than here.
I am sure he knows it already and he didnt bother to read it for reasons best known to him. The people around here are the ones spamming the forum that needs to be taken a serious action agianst. Imagine someone opening an account and the first thing done is to ask for a loan with a lot of stories. But I am also sure this is an exercise that will end in futility in which he equally knows himself. Congrats OP for adding this to the list of topics created by you. |
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