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2961  Economy / Gambling / Re: Zcode System Automated Winning Sports Picks 🏀 ⚾ 🏈 ⚽ 🏒 on: January 21, 2021, 05:41:47 PM
Looks like a very simple clickbank cheat where people try to make money by selling affiliate products and trash e-books in the name of money making guide. Secondly another link takes us to the Betverify website which is another known scam tool used by betting tipsters. Funny part is that betverify doesn't even have an SSL certificate and they claim to verify betting accounts of big gamblers.

OP, can you present something more solid that proves the legitimacy of your claim?
2962  Economy / Gambling discussion / Re: Super crazy poker bank roll challenge with only 0.82$. on: January 21, 2021, 05:31:50 PM
Good luck with your challenge! I have never used Pokersaint so I don't know, but make sure you have access to your hand history and you take its backup. Poker websites in India are mostly unregulated as there is not official regulations in India around gambling. So it is not difficult for them to rig the result by changing your hand history for their own benefit. So make sure you are playing with a fair poker website. Even though it is not frequent but it's no harm to ensure their integrity before starting with a new poker website. Just my two satoshis!
2963  Bitcoin / Legal / Re: Faketoshi CSW vs Cøbra Bitcoin on: January 21, 2021, 04:43:27 PM
Lol! CSW is leaving no stones unturned in proving himself as the real Satoshi! Sometimes I wonder, what he will gain if we all agree that he is Satoshi? He doesn't have the key to original Satoshi's addresses so he can't take over the coins! What else could be the reason!

If he has the keys to take over the coins he could have done that already. But it is clear that he doesn't have access to all such stuffs. He is probably just trying to seek more attention so that he can promote his own coin!
2964  Bitcoin / Bitcoin Discussion / Re: Michael Saylor CEO of Microstrategy wants Elon Musk to talk about bitcoin on: January 21, 2021, 01:36:28 PM
Not much significant but Elon is a known bitcoin enthusiast and Microstrategy started the revolution of holding company assets in bitcoin! So might be helpful in promoting bitcoin to the mass!

Saylor didn't mention anything about bitcoin in his tweet but it would be no surprise if they keep on speaking about bitcoin if Elon really appears in the podcast as Saylor's guest!

Again, not much of significance but just a good little positive thing about bitcoin that a former richest person talks about bitcoin!
2965  Economy / Economics / Re: In 2021 to 2022 you decide your life and wealth on: January 21, 2021, 12:50:07 PM

What will you choose ?

Given a choice, who would want to be poor?? What a non-sense question is this?

What do you think would happen in 21 or 22? Explain property instead of throwing an open ended question without a context!

Everyone is expecting a bull run to continue and even get momentum at the end of this year but if you don't have any bitcoin, how would you get rich? So talk about the opportunities where people can get a share of bitcoin, instead of just yelling about getting rich!
2966  Alternate cryptocurrencies / Altcoin Discussion / Re: IDO is going to replace IEO? on: January 20, 2021, 05:15:59 PM
Never heard of it. But what does IDO stands for?
Initial DEX Offering

That just a decentralized exchange, there is no new things about these even on IDEX & EtherDelta a few years ago we doing this scheme no matter ICO, IEO, and other things the main target only for sell their token.

So, IMO there is nothing different at all about IDO, IEO or ICO dont give some sh*t too about them ~LOL.

Thanks! So as I assumed, it is just another marketing gimmick without any actual change in process. The end goal remains the same - selling of token which may or may not have a future value!  Seems like MBA people have now gotten into this market and trying to create things attractive for the users without offering any real value!

There was a time when people used to make thousands of dollars from ICOs. But now that glory is gone and not a single project is delivering the value it is proposing during the token sell.
2967  Local / India / Re: Would crypto e-commerce in India ever work? on: January 20, 2021, 05:06:03 PM
I had bought a domain a long time ago thinking I would start crypto related e-commerce website specifically for India. Always, found the counter argument on why it wouldn't work as one could just use fiat and avoid the transaction fees etc. Do you think there's any scope for crypto e-commerce in India? India sees a huge share in trading volume when it comes to crypto but I feel a large share of it is to just HODL or just trade it like stocks. Would you like to buy goods with your crypto?

Edit: Most of the crypto e-commerce international websites just somehow turn into a mini dark-netish web spaces where its ultimately about discounted digital goods that were acquired from stolen credit cards. A complete turn off. Another argument is, its hard to compete with the fiat giants of Amazon, Flipkart with money being pumped into them like theres no tomorrow.

Did any ceypto related e-commerce website running successfully till date except darknet website that sells illegal goods? I don't think so! So I am sure this idea is bound to fail. You can definitely create an e-commerce website but don't restrict it to crypto payment only! You will end up loosing customer only! Rather keep cryptocurrency as an option along with fiat.

In India, cryptocurrencies are considered as an investment, rather than a currency. This has taken a lot of momentum after the recent price surge, but again as an investment. So I would think it is a good idea to accept only cryptocurrencies for an e-commerce website in India.
2968  Alternate cryptocurrencies / Altcoin Discussion / Re: IDO is going to replace IEO? on: January 20, 2021, 03:12:33 PM
What is IDO? Can you please explain as I am not able to find anything relevant in Google. Does that mean "Initial Defi Token offering" or similar to that? If you can share a link of article where we can get more information about it, that will be great!

For me whatever the name is, ICO, IEO and IDO must be structurally same! It's a new coin or token coming to the market through different channels. The names will keep on changing but the motive will be same!
2969  Economy / Gambling discussion / Re: Bitcoin betting on the 2024 US Presidential Election | Biden+Harris Vs ?? ?? on: January 20, 2021, 07:12:13 AM
Lol! It's too early to speculate anything about 2024 or 2025. Because US citizens are very much unpredictable. When Trump came into power, he was won by majority but look at him now, acting like a clown while majority of the US is looking to see a more sane person to sit on the throne and Biden is definitely a more composed and calm personality for an US president! But gives his age, I wouldn't be surprised if he gives way to Kamala Harris after serving initial 2 years as a president. But however, we will see to it!

I don't think republicans will dare to promote either Trump or Pence as their next contender for presidential election. Rather they might look for popular faces from other industries who might not have a pure political background! Ivanka can be a good choice for them but I think she is much younger for such huge responsibility so most of the US citizens wouldn't vote for such a young face. So even Ivanka doesn't look good here! Again, we will see as the time comes!

But in 4 years we all can be a millionaire if we are holding thigh amount of bitcoin now, so who cares about the president! Useful information below,

https://fox8.com/news/you-may-be-surprised-to-see-who-oddsmakers-think-will-win-the-2024-election/

Enjoy!

2970  Economy / Exchanges / Re: Crypto Exchangers are like government on: January 20, 2021, 06:22:58 AM
So with Our money the crypto Exchangers are working
So its like we pay taxes we should Get some tax returns also as we are the ones who keeping Exchangers on working.

The ammount of fees they make to witraw crypto Out of Exchangers are very high.
They are like government we pay taxes and they provide crypto services for us.

We should get some tax returns for sure!

Lol! Exchanges are not charity organizations, they are a business entity! Today we are seeing so many new technologies and user friendly interfaces along with crypto education contents around an exchange because it is a business that makes money! So it's not like government rather look at the exchanges as facilitators which helped crypto to rise to this level. Crypto exchanges are the big reason why we have increased the adoption among all levels of the society! Crypto exchange are the reason why we see crypto commercials around the streets. If we didn't have such efforts from crypto exchanges, we could be stuck at few cents a bitcoin. So don't take it negatively! You are getting a service and you are paying for it! As simple as that!

 
2971  Bitcoin / Bitcoin Discussion / Re: 50$ Donation to Bitcoin Rich on: January 19, 2021, 05:06:05 PM
Can be a made up video as well because the gentleman's name was taken in the video and also he denied to be shown in the video. So I doubt the genuineness of the video because youtubers often make fake contents on trending matters to increase their reach and bitcoin is currently enjoying the status of a highly trending matter!

But anyway, after the recent price surge a lot of people have started digging their records for forgotten coins from their old systems. I had few thousa6of dogecoins which I have no idea where I kept it. I hope we all can find such happiness soon like the lady in the video.
2972  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum just broke an ATH price on: January 19, 2021, 02:00:09 PM
The previous ATH was $1,432. What do you think? Will Ethereum go much further than the new ATH of $1,440? Should we wait to double the price as Bitcoin did in less than a month?

ETH could become the next bitcoin and Vitalik could become the world's richest person considering amount of ETH he has pre-mined. However, despite all the positives, ETH transactions are becoming really expensive day by day and all tokens built on ETH blockchain are getting harder to mobilize. If it keeps on increasing at the same pace, ETH may become unusable because of the transaction cost!
2973  Bitcoin / Bitcoin Discussion / Re: I predict stricter regulations for bitcoin and the cryptospace for 2021-2024 on: January 19, 2021, 01:55:23 PM
Well, this is not only for US but for the other countries as well! It is an established fact that bitcoin and other cryptocurrencies are actively being used for many illegal activities around the world. Now after the recent price surge bitcoin was able to catch government's attention so we can expect a more streamlined regulations to put in place so that government can maximize revenue and lower the illegal usage. US may take a front row seat here!
2974  Bitcoin / Bitcoin Discussion / Re: We Need Terminology Between Satoshi and Bitcoin! on: January 19, 2021, 10:26:39 AM
Good discussion point OP! Yes, the way bitcoin's price is increasing, we will probably need a new unit to define satoshi values of bitcoin. We already one such unit which is known as Millibitcoin or mBTC which is equivalent to 100,000 satoshi.

But with growing price, there will be a need to divide a single bitcoin to even smaller units for better understanding and calculation. But I think Thymos can organize a quiz or competition to name it officially. So please post your recommendation to him directly through a PM so the effort can fetch higher visibility.
2975  Economy / Economics / Re: Jamie Dimon & Tulip Bulbs on: January 18, 2021, 02:23:02 PM
Jemie is slowly learning that it is beyond his capability to control the bitcoin market no matter how big his bank is and no matter how strong connection he has within the government. So he is giving up in his thoughts of blaming bitcoin. I heard JPM has also filed for a blockchain related patent last year!

So it is great to see that big money peoples are slowly learning their lessons! I am just waiting for the day when Warren Buffet will say something positive about bitcoin! It doesn't really matter anymore on what he thinks about bitcoin, but it would be nice to listen obviously!
2976  Bitcoin / Bitcoin Discussion / Re: What do you want to but with BTC? Or for what to accept it as payment? on: January 18, 2021, 12:01:19 PM
Here is an article on big retailers accepting BTC as payment: https://nowpayments.io/blog/what-retailers-accept-bitcoin
What do you think about BTC payments? Is it a coin just to hodl or something that can and should be used for transactions?

Well it's a pretty old discussion really! Bitcoin is meant to be a currency system as per its creator/creatots. However, due to the highly volatile price and great upward momentum, it has become an investment asset to many. While it is not something that we don't expect but its main use is a currency. It is something we can use to transact without the need of an intermediary.

Also, the slower confirmation time and high fees, have made bitcoin less attractive as a currency than an investment. But that's what the market dynamics are. We are happy as long people recognizes bitcoin.
2977  Alternate cryptocurrencies / Altcoin Discussion / Re: What happened to INCENT token?? on: January 18, 2021, 06:21:43 AM
Looks like shady pump and nothing more.
So, some shitcoin was #2 by market cap. Do you guys still think that market cap is important?

Market cap is indeed a flawed system. But again shooting up to the second position is also very strange to me. Probably a glitch or a paid glitch which attracted a low of eyeballs! Can be a marketing gimmick as well.   

Hi btc_angela,

The link is working fine for me. You may want to check your internet connection or disconnect from VPN. It is even showing as "trending" under CMC search button. Try that!
2978  Alternate cryptocurrencies / Altcoin Discussion / What happened to INCENT token?? on: January 18, 2021, 06:03:53 AM
Have anyone noticed INCENT token last night. It went up to the 2nd position on CMC yesterday for brief time. Have anyone noticed it? Look at the chart below,



I couldn't take a screenshot at that time but it went up to the second position beating all other coins except bitcoin. The increase was showing few thousand percentage. Was it a glitch? What do you guys think? Has anyone invested in it?


2979  Alternate cryptocurrencies / Altcoin Discussion / Re: Stricter management on crypto wallets (altcoins, stablecoin) is coming, possibly on: January 15, 2021, 11:15:33 AM
FinCEN Extends Comment Period for Controversial Crypto Wallet Rule

Although the article is a newest about crypto wallet management and policies, there are warnings for it years ago: PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets

You are not safe with centralized altcoins and centralized stable coins. Ripple with SEC lawsuit is another warning case.


That's always the risk of using a centralized wallet like coinbase or Blockchain. They work like bank which are monitored constantly and information can be retrieved by the enforcement agencies as per their own will. So if someone is holding any coin of significant value, it is always advised to use core wallets! I understand there are challenges with the space requirement, but money takes precedence over space!

However, the above argument is not valid for stablecoins because these are centralized coins. Even majority of the tokens are prone to same risks. That's why it's best to avoid shitcoins and use only Bitcoin!
2980  Economy / Economics / Re: Hamish McRae: making reasonable predictions or just another speculator? on: January 14, 2021, 04:52:24 PM
And he thinks the whole thing will explode due to investors cashing out on their profits within this year.
Do you think this will happen to the asset market? If yes, do you think Bitcoin will face the same destiny and for the same reason?

It is very much possible to happen! Not only in bitcoin but also in real-world markets! I have some investments in equity related mutual funds and this year, I am currently sitting on 28% profit and really tempted to cash them out! Same thing is happening with my bitcoin and altcoin holdings as well but I am just trying to hold for some more time!

Crypto market and stock market, both are seeing new heights around the world after the covid vaccine as the economy is slowing coming back to track. It is not impossible to see another crash like early 2018 this year. But that's another opportunity for us!
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