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3041  Economy / Trading Discussion / Re: Bear vs Bull : The Beauty Of Cryptocurrency on: February 18, 2022, 09:08:37 AM
Feel free to state your thought(s).

Our mind is financially tricky, that's why everyone gets scared in a bear market and sells off everything. That being said, I used to have this question on my mind why do people always sell their bitcoins when the market is dumping? is it that they fear the bear market? but my findings help me to understand that the crypto market is more than just a regular spot trading of BTC?USD, we have margins, futures, and options, they will sell in other to mitigate their loss.
If I have the capacity to gather more wealth one day, I will be a full-time trader, both bear and bull markets should be a win-win if you know how to play around, sometimes holding and waiting for another bear market is never enough to accomplish huge profits.
3042  Economy / Trading Discussion / Re: Worst exchange you experience for trading on: February 18, 2022, 08:53:41 AM
So far, I've had a lot of bad exchanges, and most of them have been scams. however, most of the exchanges I've forgotten the name of because of poor service, and became scams. one of them may be a latoken, so far I have several coins there, but have never made a withdrawal until now. however, bad exchanges are very easy to forget.

Did I just read what you just type correctly? Bad exchanges are very easy to forgive! I doubt if you your money has ever been stuck on any exchange, you will coarse that exchange and continue to trash them whenever you come across their name.
Latoken is a poor exchange, and it irritates me when new projects list in their exchange as their first listing because of the low volume, they list anything to earn their share, similar to Coinsbit, another tortoise-like exchange. Grin Grin

3043  Economy / Gambling discussion / Re: Crypto stuck in sports betting site, now they want KYC on: February 17, 2022, 10:09:00 PM
Sometimes, we tend to break the TOS just to enjoy gambling despite the restrictions but as we take the risk, we should also keep in mind that our funds aren't in a safe place. 1500 is still a huge amount but to be honest, it would be hard for you to recover it. VPNs aren't that safe these days.

Maybe it's just a penny he was playing around with, you never can tell. He knew the risk of gambling in a non-jurisdiction area but he still went ahead, that's even gambling for taking such a risk.  Grin
VPNs are safe, depending on what type you are using, some VPNs are not strong enough to cover your tracks on some websites.

Did they ask for the KYC when you were depositing funds ? No right most of the times this happens and problem is that you used a VPN ofcourse which will end up against their rules and regulations causing your winnings and everything to go, they won't be allowing you to withdraw anymore as well since this would be against their policies. What you can do is ask some friend of yours from other country where the crypto is legal to do that and this can actually work only if they don't suspect it but then again be would be making the bets on your behalf much like a third party which is again scary to trust regarding so much money.

You forgot the part where OP says he has chosen Hongkong as his location and that's another area where crypto betting is not allowed. He has done a big mistake that he just had to let's go as a loss and win for the casino.

3044  Economy / Gambling discussion / Re: What will be the next big industry move? on: February 17, 2022, 09:43:21 PM
But even though the casino has difficulty following requests from the community, the casino can still try to attract more gamblers to feel this way. But if the casinos feel they don't need to implement web 3.0, they can look for other ways to entice gamblers to stay on their site. In that case, the casino could try to give a bonus or something to keep them there. In addition, loyal members will not move to other sites, especially if members already feel comfortable playing gambling on that site.
Most casinos are wiser now, they give weekly draw for participants and each winner are announced towards the end of the week or the following week.

However, improving the quality of services of those gambling casinos are essential to their business like providing their gamblers a quality of services even like  operating online though it's quite true that casino businesses are having trouble following the requests of their community but if they can provide it in near future or atleast giving their community the assurance that they will research or study about adopting changes in their gambling experience inside their establishments or sites then this will atleast maintain their loyal customers stay to them.

We all have limits and so do casino websites. The number one purpose of every casino out there is to make big money, if players could lose all, I'm very sure they will be happy, the casino can't take most of the suggestions others are airing here.
what about current servers in use and hosting plan? are they efficient enough to carry these features? they also experience some losses times when a player wins a money bag, everything suggested by customers cannot be implemented as fast as they want.
3045  Economy / Gambling discussion / Re: Why a single bet is better than a multi bet. on: February 17, 2022, 09:25:44 PM
It depends on how much you bet and where you want to support. In sports gambling of course you need to take a time where is ideal to make a bet like having research on the team, strategy, best plays and current lineup. When I make a bet too I do a single bet because at that time I can now watch the current live game and don't need to pressure too many indifferent bets. If you can handle in different game good but if you want to watch those games and get entertain go for a single bet at the end of the day still profit is the ideal thing.

I just had to smile on reading the highlighted part of your comments.  Using the recent match between Real Madrid and PSG as an example, predicting a win in that match was a difficult task. Real Madrid has a reputation with some top players such as Mendy and Benzema, while PSG has players such as Messi, Mbappe, and others. You may strategically want a win for PSG or a draw, but who will believe Messi will miss that penalty? It would have been a different story if Mbappe hadn't scored the ball in the final minute.
3046  Economy / Economics / Re: Dealing with tax and crypto ban on: February 17, 2022, 08:43:10 PM
But I heard that many people from that country are happy because they said that the tax is better than the ban. Because majority of them are either software developers or other freelancers and they do not invest from their own pocket. They do work for other and they get 70% for themselves and 30% is given to the government in tax. It is my Idea and if this is the case then I think they are still in benefit.

Making it legal is an advantage to holders but hell no, 30% is too much, maybe my environment is making me hard to digest and accept that figure because I can't pay $30,000 as a tax from $100,000 profits, that's too big.

I've read several tax recommendations and a particular one from coingecko[1] on how US citizen pay their crypto taxes, but I've yet to see someone who pays 30% tax from their crypto wages.
You will have to pay tax for investing in cryptocurrency when you sell them, and there are other ways to pay tax when you are involved in cryptos, such as selling free coins you receive via fork coins, defi, and staking, and receiving a gift in the form of crypto when it is greater than the sum of $15,000.

[1] https://www.youtube.com/watch?v=HsUqtiOPLA4
3047  Local / Nigeria (Naija) / Re: Nigeria (Naija) on: February 17, 2022, 08:19:00 PM
Wow! Congrats for your new rank. I remember you and Cookdata when you both still dey member rank, all I wish for you both na to rank up, now you too don rank up. I think this is just the beginning, you still have a lot to contribute and in the process dey rank up. Seeing your merit history, I know that you no dey fully dependent on us, your quality posts ranked you up, but na my pleasure to see you appreciating us too as the little we contribute to you ranking up. Congrats.

As I see my telegram bot pop your name say you mention me, I think say na time for another lessons Grin, una be icon for people like us and they show good path for junior rank and very soon, I go see you for Mpamaegbu and Brainboss similar rank, we dy una back and we they learn steadily to be like every other reputable member.
3048  Other / Meta / Re: GASTY4 APPEAL on: February 17, 2022, 07:54:07 PM
In my opinion something is fishy here, assuming he is using a popular e-mail provider like Google, it should be relatively easy to re-gain access to it if it is associated to a cell number, security key or Authy.

Do you mean the same Google where a single mobile phone number can routinely be used to create tens to hundreds of Gmail accounts? If the OP has joined his Gmail account with a phone number that is not his, the account is no longer will be hard to retrieve, and the chances of him having that account back is slim, my friend.

Quote
In the worst case it may take a couple of days and even deal with some Google costumer support, but still doable, I believe.

Account recovery without an original key or a cell phone number will be a waste of time and effort, and support will do nothing since they may believe it's an impostor, just like everyone else does right now.
3049  Other / Meta / Re: Undo Button on: February 17, 2022, 07:37:15 PM
I was thinking that if this forum lacks an Undo button. Sometimes we may delete the post by mistake and need to un-delete that post. As per my knowledge, there is no way that action can be reverted and the post could not be restored.

Don't we need something as a "undo" button for this scenario?


Good suggestion, but the possibility of getting that on the current software is slim, especially since the forum's new software is already in development. Maybe you can move or suggest the same thing in the >>New forum software<<. The suggestions here wouldn't solve the deleted post, using the alternative Archive feature of Ninjastic and Loycev to recover your comment would change everything about your post ID and other information.
3050  Economy / Economics / Re: Canada to freeze Freedom Convoy Protestors bank accounts... on: February 16, 2022, 11:28:18 PM
I'd have to say Bitcoin is to be thanked for putting an end to this type of restriction. Tallycoin collected the second funding for Canadian trucks, as I posted in my previous thread on Bitcoin a true censorship resistance, Tallycoin raised funds for Canadian trucks. I was following the updates and every goal raised funds that were smashed, but they kept increasing the goal, and at a point, I stopped updating the amount, but I believe they raised about 2,100,000,000 sats the last time I checked, but some small sats donations were still coming in.
I just checked the page where the funds were raised, but it was gone, I'm not sure why but Gofundme has lost not just its user base, but also the community's confidence, and it's only a matter of time before they are replaced.

The Protesters and donators have a right to sue Gofundme and the banks, similar thing happened in my country during the Endsars protest when some donations were made to support against killings of youth and the court ruled in their favor.
3051  Economy / Trading Discussion / Re: how to trade btc without kyc on: February 16, 2022, 10:54:22 PM
I've tried trading with Kucoin and so far, they don't ask for KYC but as for me, KYC shouldn't be a problem because most exchange as it for our own good as well. Most reputable and trusted exchanges these days are asking for KYC which is acceptable and reasonable. I guess the best thing that we should look for in exchange is their reputation and not those who don't ask for KYC.

I fear exchanges that are centralized because of this KYC, they may not ask you for identification at the start but what happens when the market favors you and you had a million in your exchange wallet? what do you think will happen when you want to withdraw out that big sum of stash, they will want to play the victim and hide and seek games, I don't trust any exchange with free KYC, sooner or later they will ask for it.

It depends on the country you are residing for KYC requirements. Maybe your country is not that strict in terms of online exchange regulation. Sooner or later everyone will be required to undergo KYC as it a must for an exchange to maintain there license and business permit. KYC serves as protection too in case someone hack your account so that you can recover it.

Yeah, Reputation is the most  important things to be considered when dealing on exchange but honestly most of the CEX especially those well known are less risky compared before.

Reputation is one thing and regulation is a different thing, US traders, for example, were forced to use Binance(dot)us but the same are freely trading on Kucoin without even KYC, by the time Kucoin get the recognition and volumes Binance has managed to hold for the years, they will be forced to KYC their customer or specifically open a US Kucoin and not just US alone, some other developed countries will want a regulation.
3052  Other / Meta / Re: My account (kassex) got temporary / permanent ban.Please check! on: February 16, 2022, 10:24:06 PM
Every crime has a statute of limitations. And I think you can’t judge so harshly for the mistakes made 5 years ago. I admit my mistakes, but they were made not intentionally, but out of inexperience. I don’t deny my guilt. I will be very sorry to leave the forum on such a note legendary status. But alas .... Not all dreams come true.

Are you aware that you can go to jail for plagiarising content and using another person's material?

Quote
Most cases of plagiarism are considered misdemeanors, punishable by fines of anywhere between $100 and $50,000 — and up to one year in jail. Plagiarism can also be considered a felony under certain state and federal laws. For example, if a plagiarist copies and earns more than $2,500 from copyrighted material, he or she may face up to $250,000 in fines and up to ten years in jail.

Source: https://www.ithenticate.com/plagiarism-detection-blog/bid/52974/Plagiarism-Punishment

In some academic settings, you will get dropped out or suspended for plagiarising material, the rules are still the same to date, 5 years doesn't change the default rules for bitcointalk as well, and to say it's even a local language that you should have easily squiz together but you copy word by word.
3053  Bitcoin / Bitcoin Discussion / Re: One Remarkable thing about Bitcoin on: February 16, 2022, 10:02:44 PM
Why should this be your concern
A new technology is launched and is creping into our financial institution gradually it might not necessarily replace the fiat currency but one this I am excited about is that on the long run it will spring up innovations to improve on the centralization issues and still give more edge to bitcoin adoption either as a technology, a currency, an asset or a network which ever way Bitcoin will get more adoption. cheers!!

If the government were satoshi, believe me when I say that they would have allowed the use of bitcoin and made it highly centralized for themselves and the wealthy, with the poor man as a weak vessel in search of a few satoshi. Who knows if every government from different countries would want to have their own coin (just like other failed shitcoins we've had) and have everything sum up as the world market cap.
We have improved mining machines technologically, with more power efficiency and lightning network, adoption has already scored in, and they are still denying the facts that bitcoin is a currency that does not discriminate between men and boys, it is expected that they wouldn't give up and admit, but I believe more widespread used is what is required to beat every centralized system.
3054  Bitcoin / Bitcoin Discussion / Re: Central bank and it ignorance on Bitcoin on: February 16, 2022, 09:32:01 PM
Bitcoin as a digital decentralized currency have been widely criticized by many banks and other financial monolithic characters who have been on for front of global financial system, the latest being the call of central banks governors to the EU for the total ban of bitcoin mining and trading ,this also came a week after the Rusia central bank governor advised the President against cryptocurrency adoption.
when you are working so hard to appreciate your pay master, you will want to do anything to satisfy them including their ego so that the check will keep piling up and you wouldn't do anything that will affect their growth and system, they brought him (central governors) and he will want to properly(foolishly) satisfy them even when he is sight-seeing the truth in his head.

Quote
This have proven to a large extent the political undertone as regards to the central banks position on compartitors such as bitcoin having the capacity to transform the economy of a nation,state or region as a whole, what are the possibilities of central banks governors winning the war against the decentralized finances or will the central banks looses it relevancy when Bitcoin finally become a global currency.

War? Ironically right! I have never seen a bitcoiner wanting a war with the central bank, all we are asking is to let them allow us to use bitcoin as the true currency but I guess they are afraid because of the energy that surrounded Bitcoin, it will overtake them because they fear revolution.
3055  Economy / Economics / Re: Economics on: February 16, 2022, 09:11:57 PM
A lot of countries are releasing/ contemplating to release their own digital currencies. EU is contemplating digital euro, Jamaica is thinking of digital Jamaican dollar.. India has already launched digital rupee..
How these currencies will affect the bitcoin/crypto ecosystem?

There will be no impact on bitcoin, it will continue to serve the same purpose it has for the previous 60 years (decrease in purchasing power) with all the massive printing.
I was so determined to see how my country's digital currency (Enaira) would go when at the first launch, the download and ratings were low and was taken down but came back again and after some weeks, and today, it's one of the failed projects my country has launched last year. The low rating, review, and dissatisfaction were so much.
3056  Economy / Economics / Re: Dealing with tax and crypto ban on: February 16, 2022, 12:03:18 PM
I'm not sure if collecting taxes on bitcoin just because it encourages adoption and allows various nations to keep bitcoin, but in this case, I'd like my country to remain tax-neutral (not legal and not illegal but a choice) on this issue. I understand that paying taxes as a citizen of a country is usual, but why are they treating bonds and stocks differently when you cash out? A 30% tax on capital gain or loss is so large that you are practically paying back what you have made on an investment.



You're straining to get your bags to pump and the government is waiting to utilize your sweet tax to fund the national budget. I wouldn't mention the transaction fees.  Cry
3057  Bitcoin / Bitcoin Technical Support / Re: BTC address missing characters on: February 14, 2022, 03:19:28 PM
I'm not sure if that address is valid, the maximum of 34 and 26 minimum in length I have seen.
Try and search it on any explorer and see for your self if it's valid


Uhuh! I thought OP was talking about an address.
3058  Economy / Services / Re: [OPEN] Blackjack.fun Signature Campaign | Up to $80/wk | Rate Increase on: February 14, 2022, 08:51:38 AM
Your bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=3383763
Your current posts count (including this one): 151
Amounts of merits that you earned in the last 120 days: 148
Your blackjack.fun username: Cookdata
3059  Other / Meta / Re: Recover hacked account. on: February 13, 2022, 08:33:36 PM
I currently have the option to lock this account via the link the forum sent to my email. But I don't know how the next process will be because all the bitcoin addresses that I have used I can't access. Do you have a solution for me?

I doubt if that option will still work, the email and password have been successfully switched, that will be impossible to change now.

I've used several wallets, but now I can't access any of them because my phone has been broken for a long time. I only have the email I used when registering this account to the forum, this is probably the only option I have at the moment as I can't access the wallet.

https://ninjastic.space/address/1JXRXEo8TwRnV5cf88CP36PyojhdcpAMof
https://ninjastic.space/address/12LGcb2WQ6oED5NUYAQNJFzNAvTWvxpvxU

From Ninjastic, you have used two bitcoin addresses, try and locate any of the keys and sign a message else your chances are slim.
3060  Other / Beginners & Help / Re: Blockchair explorer extension for tracking of Wallet addresses on any Website on: February 13, 2022, 05:28:15 AM
It is example on the risk of using block explorers without Tor. They collect data and you will know what will happen with the block explorer company/ owner and what is sort of new feature they might integrate in the future.

I found this in their privacy policies.

Quote
Blockchair does not collect personal data or share it with third parties. We don't track you.
Source: https://blockchair.com/privacy

It's a TL;DR description, you can check https://blockchair.com/privacy for the rest of the information.
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