Bitcoin Forum
August 21, 2024, 06:51:45 AM *
News: All versions of Windows are affected by a critical security bug; make sure you update.
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 [149] 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 ... 483 »
2961  Bitcoin / Bitcoin Discussion / Re: Dollar supporters destroy Bitcoin ATM in El Salvador on: September 16, 2021, 05:44:58 AM
I assume that there are two possible case scenarios about this accident.
1.The vandals are paid by someone to do this.
2.The vandals are just a bunch of uneducated and delusional people,who think that Bitcoin is about to destroy their way of living,because they don't know how to use a computer or an ATM.
I don't understand Spanish.What does "bukele drogo narco cerote" mean?Does this have something to do with drugs and Latin American nacro cartels?Do they really think that Latin American narco cartels are using BTC?
This sounds ridiculous to me.
2962  Economy / Speculation / Re: Crypto Exchanges See Large Bitcoin Outflows BTC balance of Coinbase on: September 15, 2021, 11:50:14 AM
Many crypto traders have finally realized that the centralized cryptocurrency exchange platforms are not the core of the crypto world.The crypto community can thrive without those centralized exchanges.
This is rather good news and we don't have to worry about BTC outflows and having less BTC in the hands of crypto trading platforms,that can be hacked.
It is way better to keep our coins in our wallets,while blindly trusting greedy corporations like Coinbase.
Many Bitcoiners finally believed in the "not your keys,not your coins" and "be your own bank" slogans,which define Bitcoin.
2963  Economy / Economics / Re: Tulip Mania 2.0 on: September 15, 2021, 11:30:07 AM
There are many nocoiners that claim that Bitcoin is “Tulip Mania 2.0”, but it has been 10 years. How long must the protocol keep running before the rest of the world accepts that Bitcoin is not going anywhere. In fact, it opened a Pandora’s Box of new possbilities. BUT, I believe the next “Tulip Mania” for this bull cycle are, NFTs.

The original Tulip mania was one gigantic price bubble,which popped and the tulip prices never reached the same level.Bitcoin price is going up and down,while maintaining a price growth in the long term.
There were multiple price bubbles in the history of BTC,but all of them popped and the market price recovered and gained even more value after that.There's no room for comparison with the original Tulip mania,which happened in the Netherlands a few centuries ago.
NFTs are the next "shiny object" that will attract all the "financial gamblers",pump&dump traders and speculators seeking for "the one big hit".4 years ago,ICO tokens were the same thing,now the NFTs took over.
2964  Economy / Gambling / Re: ProvablyFair.me | Bet Verifiers | Fair gambling 🎲 🏆🍀 on: September 15, 2021, 07:57:29 AM
I assume that this is yet another crypto gambling review website with the added feature of verifying bets.
I like the website design.It looks clean and fresh.It would be nice if you add more casinos to the list.
To honest,I've never really cared about the fairness of the gambling games.A crypto casino can still scam it's customers,even if the games are "probably fair",like having blocked withdrawals,accounts banned for no reason,"hacked" accounts,problems with the website,while the players are placing their bets,etc.
Gambling is just for fun,not for making money.
Anyway,good luck with this project,OP.
2965  Bitcoin / Bitcoin Discussion / Re: What are some things only pre-2011 Bitcoin users would know? Culture & practices on: September 15, 2021, 07:32:13 AM
There's a whole eco-system rising mainstream now, how were things different back in the day? Were there some unrecognizable practices that no longer go on today? What are some cool throwback things? Has navigating the dark web changed with respect to how the blockchain is navigated (is it as anonymous now with ppl including feds being able to track things the way they can)?

I don't understand your question.
Bitcoin and some altcoins were adopted by the darkweb marketplaces a few years ago,but other than that,I don't see how blockchain technology had changed the darkweb.In order to access and use the darkweb,you need Tor Browser/Tails OS and onion websites.Those three pieces of technology have nothing to do with blockchain technology.
Anyway,about your main question,well,I wasn't aware about Bitcoin in 2011,but I guess that 2009-2011 were the "golden years" of Bitcoin mining by using just your PC and Bitcoin faucets.
Crypto exchanges and mixers were not a thing.Most altcoins weren't created.All the tokens,ICOs,DeFis and NFTs weren't a thing as well.
Using BTC definitely wasn't user-friendly back then...
2966  Economy / Speculation / Re: Bitcoin Golden Cross approaching on: September 14, 2021, 11:44:49 AM
This type of "draw a line over the chart and start making predictions" analysis looks like shamanism to me.
This is the same as watching a crystal ball,acting like Nostradamus and making weird conclusions about the future of the world. Grin
The BTC price might hit a "golden cross" or "golden X" or whatever.And so what?Even if the price hits a new ATH,it will go down after that for sure.The people who think that the Bitcoin price will come to a phase,where it will only up and up to the moon are simply naive.The price will keep moving thru pump and dump cycles,corrections and ATHs,bull runs and bear markets.We might not like it,but this is how Bitcoin is designed to be.
2967  Bitcoin / Bitcoin Discussion / Re: I'm back into Bitcoin! on: September 14, 2021, 11:18:42 AM
So basically you were an early Bitcoin user,but you don't know what a wallet.dat file is?This is weird.
It must have been crazy to earn 2.5 BTC just by using Bitcoin faucets back in 2010-2011.
You didn't tell the story about how did you get interested in Bitcoin 10 years ago.
Congratulations on your discovery.This is like winning the lottery,but be careful with how are you spending those BTC.
If I remember this correctly,the saying was "Easy come,easy go."
Money that are earned very easy usually get spent pretty easily.
2968  Economy / Economics / Re: How would Bitconia look like? on: September 14, 2021, 06:44:04 AM
Some people may thing that there are countries that would do better to adopt bitcoin as legal tender, just like in El Salvador, and in many others bitcoin is widely used for fear of the economic and authoritarian policies of the governing juntas.

However, I am inclined to think that bitcoin needs a country. The value of bitcoin, the community and the influence that exerts could potentially make that possible when bitcoin reaches an even higher valuation (perhaps it would be possible even now). How would Bitconia look like? How would we get there?

So you want a brand new country to be created?With the sole purpose of having Bitcoin as national currency?Creating a country with the one and only purpose of using a currency sounds like a dumb idea to me.
A country needs territory and population.Can you find some free territory on the map?Probably Antarctica or the desert of Sahara or somewhere inside Mongolia? Grin
Bitcoin isn't supposed to be local,it has to be global.Locking Bitcoin inside one country would mean that the other countries will find another reason to ban Bitcoin.
2969  Economy / Gambling / Re: 🚀📈 Satcrash.io - The Premier Bitcoin Crash Game 🚀📈 on: September 14, 2021, 06:21:35 AM
Welcome to the forum and good luck with this project.
I don't know what's the point of making another crash game website,since there are 1000 crash games already online.What makes you more special than the other crash games on the crypto casinos?
Having no blocked countries(even though you have blacklisted countries) and no KYC isn't that impressive.
You slogan "The premier Bitcoin crash game" sounds weird,because this is a newly launched website.
The really "premier" BTC crash games are usually on the most popular crypto casinos.
Anyway,good luck with running this website,OP.
2970  Bitcoin / Bitcoin Discussion / Re: Bitcoin is like a losing lottery ticket on: September 14, 2021, 06:01:42 AM
https://youtu.be/52DuIE1-tJY

The linked video explains the difference between traditional financial instruments and bitcoin. Traditional are redeemable, while bitcoin is not. Which makes bitcoin equivalent to a losing lottery ticket. Or, similar to a stock of a bankrupt company, a currency of a former county or a casino token of a bankrupt casino.

I'm not going to waste my time watching a FUD video.
What do you mean by "redeemable"?You can sell BTC for fiat money.This makes BTC redeemable.
What do you mean by "traditional financial instruments"?There are stocks,bonds,mortgages,different kinds of loans,futures,call and put options.They are all traditional financial instruments,but they are different from each other.You can't just put them in one big group.
You are probably butthurt,because you have lost some Bitcoins,that's why you are hating on BTC and trying to spread FUD.Don't waste your time and move on.Losing money and making mistakes is a part of life.
2971  Economy / Speculation / Re: The dump was only a funding reset on: September 13, 2021, 11:48:30 AM
Panic selling had always caused automatic liquidations by stop loss orders and trading bots.
BTC Price dumps had always caused increased levels of FUD,which might or might not lead to more panic selling(it depends on how "good" and "convincing" the FUD is). Grin Those two factors always help for making price corrections bigger than they actually are.
It's a well known fact that September is a historically bad month for Bitcoin,I wonder why this month is so bad for BTC.Is it because September marks the beginning of Q4 of the financial year?Does it make any sense from a financial perspective?Is it because many crypto traders are returning from their summer vacations,so they decide to sell some Bitcoins?This doesn't sound like a legit reason to me.
 
2972  Economy / Gambling discussion / Re: Uk most deprived areas have the Highest number of gambling outlets. on: September 13, 2021, 07:51:20 AM
Quote
How should they go about controlling these things? Should the government try and make laws to ban such behavior and such state? I think people should have a minimum wage for sure when it comes to gambling, what do you think ?

It's pretty normal for the poor and working class people to get more easily addicted to gambling.
My country has way lower standard of living,compared to the UK,and casinos are everywhere.
What do you mean by "minimum wage for sure when it comes to gambling"?
Do you suggest that the government should raise the minimum wages,so that more people could gamble?
I disagree.Funding the gambling addictions of many people won't lead to anything good.This won't improve their lives for sure,but it might have the opposite effect.
In many countries gambling is banned in most areas and permitted in certain cities only.
Just like the USA,gambling is banned in most states,but it's allowed in Nevada and Georgia.

2973  Economy / Economics / Re: Boost of a countries economy on: September 13, 2021, 07:30:37 AM
Quote
Diversification of economy by not focusing mainly on one major source of income boost and increase the economy to a large extent, as well limiting the losses....in a country tourism, technology, Agriculture and Sports mainly football will grow and boost an economy vastly.....why some Countries suffered during the Covid 19 pandemic is all because they focused and operated in one section to generate income, so boosting of an economy can also be achieved in different ways including crypto currency.

Football will boost the economy?Are you kidding me?Is this a joke?
In my country,the economy is going really well,despite the pandemic.
The COVID pandemic had an impact over the global economy in 2020,mostly due to the lockdowns and closed borders.Now,the borders aren't closed and the lockdowns aren't so severe.
Cryptocurrencies cannot boost an economy,because cryptocurrencies are just tool used for economic activity.
Saying that crypto will boost the economy is like saying that the US dollar or Stocks can boost the US economy.
An economy can be boosted by increased government spending,or lowering the taxes,not by cryptocurrency adoption.
2974  Bitcoin / Bitcoin Discussion / Re: A good man/woman leaves an inheritance on: September 13, 2021, 06:56:34 AM
An old proverb says “A good man/woman leaves an inheritance to his children's children…”. Since the inception of the world, whenever a person dies, their personal assets like money, possessions and property are either shared as stated in a will or in accordance with the law of succession where the deceased leaves no will. In most cases, the beneficiaries include may their spouse(s)/civil partner, child or children and grandchildren. In other cases, their brothers and sisters, parents or parent, nephews and nieces, favorite charity organization and state (where there is no relative) get to be the beneficiaries.

I recon that in the coming years folks are going to will their wallet seed and passphrases to their family members, their favorite charity, and even their kids unborn. As an investor or crypto trader is this a legacy you would want to leave behind?


OP,this topic has been discussed a million times.I don't see a clear question in your post.What exactly are you trying to ask?If you are asking about whether or not I will leave my BTC as inheritance to my children,then my answer is no.I don't have children and I'm not planning to have children.I'm not that rich so I won't leave a big inheritance.I guess that I won't leave any inheritance at all.
Everyone is free to decide whether or not to leave it's Bitcoins to his/her children or grandchildren.
Bitcoin should be treated as any other financial asset/form of wealth,so I don't see a legislative problem here.There's shouldn't be any obstacle for giving BTC/private keys to the successors.
2975  Economy / Speculation / Re: Are you scared? on: September 12, 2021, 11:20:56 AM
The Bitcoin price rises and drops by 20,30 or 50% every now and then.Only the newbies are scared by this.
This is called price volatility.Are you surprised?If you are witnessing Bitcoin price volatility for the first time,then welcome to the world of Bitcoin,such price behavior is normal. Grin
The factors mentioned on your list don't have any significant impact over the Bitcoin price.
Even if they do,this price influence will be only short term.Such fake news and gossips can cause small price dumps.
Are you deliberately spreading FUD with this forum thread,or you are just a confused Bitcoin newbie?



2976  Bitcoin / Bitcoin Discussion / Re: Bitcoin trading broadly in China,than Nigeria. on: September 12, 2021, 10:56:49 AM
Bitcoin trading mainstream in China, however Nigeria is not among the top 10 countries trading Bitcoin , could it be that Nigeria government have not legalize Bitcoin?why is China among the top 10, but Nigeria isn't?

First,if you have a legit Top 10 list about Bitcoin trading could you please share it with us and leave a link.
Second,what makes you think that the information of this Top 10 list is legit?Can you verify it somehow?
Why are you comparing Nigeria with China?Why not USA vs.China or England vs. Nigeria?
China is about to become the biggest economy in the world and China has the biggest population in the world.It's pretty normal to have lots of Bitcoin traders in China,despite the hostile "anti-Bitcoin" environment created by the Chinese government.
AFAIK,Bitcoin is in the "grey area" in terms of legislation and regulations in both China and Nigeria.
2977  Economy / Economics / Re: Covid-19 vaccination becoming a criteria to live in the world on: September 12, 2021, 06:41:21 AM
The vaccination discrimination was pretty much expected.
I don't trust the vaccines(I'm not anti-vaxxer),but if the government forces me to vaccinate,I will have to do it.The vaccines have to be tested for at least 10 years to ensure that there aren't any long term side effects.
I'm glad that there's no such thing as vaccination discrimination in the country where I live and the vaccination here will remain voluntary.I've had COVID symptoms back in March,so I guess that I have natural immunity for a while.
I don't believe that non-vaccinated people will be stopped from buying and selling.This is a violation of basic human rights.
2978  Economy / Gambling / Re: Gambling license on: September 12, 2021, 06:23:24 AM
Basically, it's on what country where you base for your business if you want to get a business license together with the gambling license.

I just don't exactly know if there's something renting business license for gambling, if there is probably it's an illegal to start with (correct me if I'm wrong though).

I'm not an expert,but here's my 2 cents.
Most crypto casinos have gambling licenses from Curacao,but they operate globally and have customers from all around the world.I don't think that those crypto casinos are based in Curacao,their owners,developers and employees aren't from Curacao for sure.The servers of those crypto casinos most likely aren't located in Curacao as well.They just buy a gambling license from Curacao,because it's cheaper and easier to get and
there are less restrictions in the license.
Basically renting and/or selling a gambling license should be considered illegal,but I'm not aware of the gambling regulations in offshore jurisdictions like Curacao or Malta. 
2979  Bitcoin / Bitcoin Discussion / Re: Starbucks, McDonald’s, and Pizza accept BTC on: September 12, 2021, 06:02:24 AM
This news must serve as a proof about how easy it is for companies to accept Bitcoin.
For years it was considered difficult and expensive for companies and business owners to adopt Bitcoin for payments.Now,the myth is busted.
The main factor which stops companies to accept BTC payments is the regulatory frame and hostility of the governments,who don't want Bitcoin to compete with their national currencies as a legal tender.
In many countries Bitcoin will still be viewed as an investment/speculation asset,mostly due to the regulations,while in El Salvador,Bitcoin will return to it's main function-being a currency for retail payments.
2980  Economy / Gambling / Re: Where can I sell my crypto gambling account? on: September 10, 2021, 10:50:40 AM
Where can I sell crypto gambling accounts?
I have two accounts, one is BC.GAME VIP level 30 account and the other is Betfury.io level 6 account



Selling accounts is against the terms of service of those website,so the buyers might get banned eventually.
Why would want to sell those accounts?
If you have a Betfury account with enough tokens,you could just stake the tokens and receive dividends.
What is the benefit for the buyer from buying such accounts?Having a higher level doesn't mean anything,if you ask me.
Pages: « 1 ... 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 [149] 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 ... 483 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!