Nice, fully diluted mcap of 2 billion. I am just looking at their tokenomics and it seems like 20% of the total supply is up for public sale, meaning total raise is at least $400,000,000 and realistically much higher as price during public sale will go up to $0.45.  Ridiculous numbers, but then again what about Sango is not ridiculous? I already saw on that tweet someone complained that $500 minimum buy in is too high.


Hm, CAR has $250 average salary? This somehow seems way too high for one of the poorest countries in the world as I thought their average must be under $100.

No worries about that, Google covered their ass in TOS so they are not responsible for any losses, either via Google ads or even fake apps on Google Play. After all, Google is just a search engine.


That's standard approach of anyone that is a little bit longer in crypto/generally using online services, but unfortunately that's not how majority of people operate. They tend to trust everyone and only after they get scammed by 1xbit they put into google "1xbit scam" which brings them here.


They are definitely paying majority of positive reviews, but some of them are legit as you simply can't scam your users 100% of the time and run for longer period. 1xbit is probably playing the long game and scamming selectively in order to keep getting constant influx of new people.

Its naive to think that these sanctions will work and that Russia will stop the invasion. You don't think that they didn't run this scenario and didn't think that this will happen if they attack Ukraine? Of course they knew and yet they just didn't care, knowing that they don't have to fear the people.

Keep in mind that they have dictator in charge who can't be removed via elections, so no matter how poor and unhappy Russians get, they won't be able to do much about it. On top of that, Russians (as eastern Europe people in general) are used to hardships and will endure this easier than EU citizens.

When you take into consideration that CAR is one of the poorest countries in the world where majority of people don't even have electricity, its obvious what was behind this decision to make Bitcoin legal tender.


State sponsored ICO..what could go wrong. 

I hope that now even most optimistic people will realize that Bitcoin adoption in countries like CAR is nothing but a pipe dream.

Judging by the people I know that have money in Celsius, I don't think that significant amount of users will be upset over that. People I know that have money there are only in crypto to make more fiat, they don't really care about anything else. They would gladly put their money into whatever they think will bring them more money at the end of the day, so who cares whether its gold, stocks or something else. Well, at least that's the profile of people I know that have money there.


Wait, they are still paying weekly dividends with the same rates? Crazy...

Buy Bitcoin and ignore everything else, as simple as that. And after you buy Bitcoin, don't keep it on Coinbase but instead send it to your own non-custodial wallet like Electrum or if you can afford it, get hardware wallet which is even safer way to store your crypto.
Regarding Discord and Telegram groups, be very careful when joining those as they are plagued with scammers and shillers.

Yep, everywhere you look you stumble upon a red flag, I just mentioned few as it was enough to show what's really going on there.


I wouldn't be surprised if they start using Celsius angle, promising people that they can somehow get the money back.

Even though this scam attempt look pathetic, I am pretty sure that some will fall for this as people do stupid things when they are desperate, and that's exactly their target audience. After all, more often than not scammer than person he manages to scam, its just that they have will to do it.

Hah, meni se nekako cini da nisu zene tu nista naivnije od muskaraca kad su u pitanju takve prevare. Cak naprotiv, mislim da zene mogu puno lakse izmanipulirati muskarce, tako da smo mi u stvari slabiji spol po tom pitanju ( i po jos dosta drugih faktora).


Izgleda da je toga svjestan i ovaj lik iz Rijeke. Bas me zanima da li  nasi forumasi od tamo znaju doticnog gospodina

The main benefit is that you can spend your crypto in an easy way. Another big advantage is that majority of them have cashback program so if you use your card regularly, it adds up.

That is maybe for now, but all this will eventually change (my guess is very soon, within year or two) and Binance will start sending reports to tax offices across Europe countries and then we will have to pay the taxes. Theoretically, we should already report all our crypto debit card spending, but I don't know anyone that is doing that.

Same here. I do wish people stop using those platforms and that they somehow disappear, but I have couple of close friends that have (had?) serious amount of money in Celsius so I really hope that it survive in some shape or form.

Biggest issue is that people didn't see this as a high risk at all (big reason for that is that Celsius never disclosed what they are actually doing with people's money in order to get those percentages) and instead  they treated it like its the real bank (despite everything, immensely more secure than an average "DeFi" platform) and were putting their life savings into it.

Speaking of  crypto.com, this is the message I saw yesterday in one private Telegram group that is usually not bullshiting: "Fair warning rumors have it crypto.com is going bankrupt  do with this information what you will but if have funds on it I seriously consider moving them....". I have no idea whether its just some fud like with Kucoin recently, but one can't be too careful after everything that has happened in the last month or so.

What about monthly rent (better the location higher the rent) and all the taxes that they have to pay which are definitely not low for crypto businesses. I don't think that owners make crazy amount of money because if they did, we would see those things all over the place.


While high fees are certainly a problem (ATM I used had around 6.5% fee last time I used it 2 years ago), bitcoin transaction fee wasn't a problem as I used the simple trick in those rare occasions when network was congested: I usually used the smallest fee possible and simply come the next day to pick up the money. This of course changes if you need the money ASAP, but that rarely happened to me.



Maybe they have plenty of other (cheaper) ways to buy/sell crypto so BTC ATMs are not so popular anymore. I know quite a few of people in our country who in the past used BATM on the regular basis and now all of them found some other ways, either through physical bitcoin exchanges or meeting in RL and doing the transactions that way.

From what I can see on their website (https://www.bitcoinblackcreditcard.com/) people can request the access to bitcoinblack card so its not like they will randomly send invites around. The big difference compared to some other cards like Binance Visa is that not everyone will get accepted, meaning you will have to prove that you are wealthy enough + some other factors (they didn't disclose that).

What happened; user @Hallantroe created the thread in which he gives advice how to avoid being scamemd, while the real purpose of that thread is to promote crypto recovery service. At first, nothing weird there (beside the fact that all those recover services are fake), but when you check their website you will see plenty of red flags; from claim of having 100% recovery rate, to fake team member photos and phonmy testimonials. Since this is obviously fake service, I am creating this thread in order to flag the before mentioned user.

User Hallantroe
Thread https://bitcointalk.org/index.php?topic=5406011.msg60555716#msg60555716
Archive https://ninjastic.space/topic/5406011
Website https://web.archive.org/web/20220712152536/https://www.prudentrecovery.com/

Flag Type 1 https://bitcointalk.org/index.php?action=trust;flag=3004

Their whole team is fake, but as proof I am just going to share one of them, which should be enough to show that this is nothing but a scam, trying to profit from desperate people who already lost money.

I can see ATM numbers declining unless they start lowering the fees, because why should I pay 6-7% when its so easy nowadays (at least in my country) to find places where I can buy/sell bitcoin anonymously for ~3% fee. Another big problem is that ATMs are starting to enforce KYC and when you combine that with generally higher fees, I don't see much future for them.

I used them for years to buy/sell bitcoin, but at the moment they are my last option.

Nope, I don't have any section on ignore at the moment, even those that I never visit. I did try it in the past but I felt like something was missing, even though I didn't check those boards before ignoring.


If that's the way you browse the forum, it definitely makes sense to ignore as much boards as possible.


For start, I don't use "Show unread posts since last visit" option at all and instead I just browse the forum for interesting topic in boards I usually visit. That's pretty much the way I browse all other forums so when I  joined bitcointalk I just continued doing the same.

Did you maybe deposit the money on Binance very recently (like the same day or couple of days ago) and now you want to withdraw it? I am asking because I found some examples of people that were blocked due that.


Nah, I don't think that's some bullshit message Binance wrote because they want to hide technical problems because in that case loads of people would be affected which wouldn't go unnoticed. They will probably ask for some additional verifications or something equally annoying in order to unlock withdraw.

Top exchange? LOL. FYI, Coinsbit is one of the worst exchanges on the market. Then again, it fits you perfectly since scammy projects deserve to be listed on scammy exchange.


Listing on Coinbase or Binance (who listed their share of shitty projects) won't make you any more legit, let alone some " top 15" exchange.

Looking at the sent merit per month, I don't think that theymos  will do the same thing he did year ago. I think that situation merit wise is pretty good and much better compared to year ago when theymos introduced new merit sources and removed the inactive ones. For example, last month 26,486 merits were shared which is a ~100% increase compared to year ago (June 2021) during which only 13,286 merits were shared.

I don't think that double standards is the real solution for the lack of merits shared to Newbie members.


Real problem is that we have so many Newbies writing merit fishing posts and not the other way around. How would you characterize all those posts written by newbies giving advice to other members how to behave on forum or how happy they are that they found this forum? Real reason why we get so many of those is because standards were so low that those kind of posts used to get a lot merit and now people simply call them out which is a step in the right direction.