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3101  Alternate cryptocurrencies / Altcoin Discussion / Re: Facebook Libra rebrands to Diem...? on: December 02, 2020, 11:43:39 AM
Firstly, this thread belongs to "Altcoin Discussions" section because Libra or whaever else is not bitcoin!

I am not sure why Facebook is not planning call off this entire project because as far as I know, they haven't yet received the regulatory nod from majority of the main markets. It's highly unlikely to happen till they define Libra or Diem as a cryptocurrency. Majority of the countries will not allow an American company to run a parallel currency system besides fiat! Still a long long way to go!
3102  Local / India / Re: What cryptocurrency in INDIA means now? on: December 02, 2020, 06:41:55 AM
It's bad that Indian media is speaking about cryptocurrency and particularly about bitcoin. The assholes in Finance ministry may rise up again and the process of banning cryptocurrency in India may gain traction. In last few months, due to Covid pandemic, the talks of banning cryptocurrency was taken back seat and I was really happy about it. Because till the time the top bosses in Finance Ministry don't take notice of something, will loose its importance! But if Indian media is making noise about the meteoric rise of bitcoin in recent time, you can expect some announcement from Finance Ministry soon. And considering the nature of Indian government departments and super corrupted officials - they will first talk about banning it! Don't keep much hope!
3103  Economy / Service Discussion / Re: Best Bitcoin Payment Gateway For WordPress? on: December 01, 2020, 04:35:51 PM
I am looking for a bitcoin payment gateway that works with WordPress as a plugin? Does anyone here have any recommendations?

Ideally, it would work without a third party but use an API to get the current exchange rate and automatically send the payment to a bitcoin wallet such as Electrum.

Thank you.

Well, you won't have a lot of options here. You may try the plugin from Blockonomics as it's easy to setup and use. The plugin author also have a video tutorial available.

Bitpay is another service that you can use. See the link below,

https://bitpay.com/integrations/woocommerce

But none of the cases satisfy your requirement to directly accept payment into your Electrum wallet. Unfortunately, I don't think any such options are available!
3104  Bitcoin / Bitcoin Discussion / Re: China is preparing to create a BTC reserve treasury on: December 01, 2020, 03:13:22 PM
China is preparing to create a BTC reserve treasury to seize the pricing power of BTC. Part of the BTC comes from PlusToken, the largest MLM fund.

Do you have any verified source behind your claim? Because it is highly unlikely to happen given the overall mentality of Chinese government around cryptos. So a source must be cited before causing unnecessary panic!

However, if it happens, then bitcoin will be at risk! I know plustoken had ciphoned out few billion dollars worth bitcoin from the investors' pocket and later seized by the authorities. But I don't think China is planning to buy a majority of bitcoins to control its pricing. But since the Chinese government is evil by nature, it's not impossible!
3105  Other / Off-topic / Re: Dan lok and other Gurus what do you think on them? on: December 01, 2020, 02:41:26 PM
Lol! Dan Lok is an asshole! I believe his networth he always brags about is also forged! A guy with his kind of attitude (as if he knows everything) can only fake! People who like to watch his videos, I really feel pity for them!

Just try searching in youtube with "Dan Lok scam" or "Dan Lok exposed" and you will slowly learn the truth! He is only good at making videos and that's what he should do instead of poking his nose everywhere!
3106  Economy / Games and rounds / Re: 🔍 Roobet.com | Guess Total Wagers #79 $50 Prize | Progressive Jackpot inside on: December 01, 2020, 02:04:38 PM
703,876,772
Avikz
3107  Economy / Gambling discussion / Re: Non-Standard Casino Games on: December 01, 2020, 01:58:16 PM
I have to admit, I'm not a rather actively involved in online gaming, but well, curiosity didn't give me peace of mind, so I decided to try out what it feels like to play at different online casinos and what games they have. What I've noticed is that sometimes 'standard' becomes boring and at some point, dice, roulette or slots can feel somewhat monotonous.


Same goes with me! Slots and dice games are indeed very boring and I personally don't get any excitement from such games! Even though I am also not a regular gambler but I really enjoy playing crash games! I wouldn't explicitly recommend any website but a little google search would reveal the best names who offers crash game!

Secondly, I enjoy playing skill based games like Clash Royale, 8 Ball pool or Carrom. But unfortunately I haven't seen any gambling website offering such games yet.
3108  Economy / Economics / Re: genius idea to fix all economy best idea on: December 01, 2020, 11:25:37 AM
so all countries specially the federal reserve should start printing the money...
 then they been talking about helicopter money well the usa can take their military copters fill up with money and let it snow the money donw.
europe and other countries can do the same lets give to everybody   minimum of  10,000$  


lets just print money and give to people everybody will be rich becouse they say fiat based system are destined to be doomed anyways so lets crash it all
lets print that paper and give to the people a lot cash Cheesy  lets do it also the chrsitmas are coming everybody will buy the gifts
Also lets make the ATM without card so even without work you go to stand besides ATM and you get cash...
if you are short of cash you need money you call 911 and they will bring you the cash they will just ask how much you need.Cheesy
  Roll Eyes Cool

nice plan ?Cheesy

The weed seems strong and high quality as well! Which weed store you had visited recently? Let us know so that people can make good use of that!

Absolutely rubbish idea! Everything will become worthless soon after this happens and the world will enter into Hyperinflation where fiat will have no value! If you think such kind of activities will boost the value of bitcoin, it ain't gonna happen because the production cost of bitcoin will become extremely high with the Hyperinflation. People will get back to the barter system!
3109  Economy / Investor-based games / Re: Come and Invest With Us 6-18% Monthly profit on: December 01, 2020, 06:49:57 AM
You can refer here for more information: www dot BitcoinTrust dot biz. Leave comments down below if you have any questions!

6%~18% Monthly Profit
0.2%~0.6% Daily Profit

Pure & simple ponzi scam! I wonder why people are still creating such programs because ponzis are dead already with the takedown of talkgold and MMG forum.

Even if I assume (for discussion) you have a business that earns you more peofit than what you pay. Would you tell us what is that?
3110  Bitcoin / Bitcoin Discussion / Re: A free land for bitcoin on: November 30, 2020, 05:48:33 PM
Is there any chance that we can find a place like Africa or island in pacific ocean to make bitcoin a totally legal currency?no shit from government.

It is very much possible but not easy to execute. We have few examples already and you can Google their story on how these countries were created. These are commonly known as micronations.

1. Principality of Sealand
2. Kailasha
3. Filettino

You can check this wiki page to have complete list of micronations,

https://en.m.wikipedia.org/wiki/List_of_micronations

However, you may not get acknowledged as a sovereign country by the United Nations. Also if you don't do anything illegal in nature, it's very unlikely to have interference from the government. So if you have funding, go ahead with it!

3111  Bitcoin / Bitcoin Discussion / Re: Should Crypto users use VPN's ? You decide..... on: November 30, 2020, 04:41:50 PM
I believe VPN is essential for for the majority of crypto enthusiasts, especially where the legal definition of cryptocurrency is not available. However, if you are using a free or open source VPN service, they will always keep your data and you may become vulnerable if a data breach happens.

So it's safer to use a no-log VPN like express vpn or surfsharks where they claim that they don't keep any logs. But it is really impossible for us to know what happens in reality!
3112  Economy / Economics / Re: Is Bangladesh going to accept Cryptocurrency??? on: November 30, 2020, 01:47:49 PM
I think the central bank of Bangladesh has already prohibited the usage of cryptocurrencies in the country few years back. I recollect there they have also made some arrests at that time for using cryptocurrency. I may be wrong as well.

The problems of Bangladesh and India are same - high corruption! The government officials and politicians will never want cryptos to be legalized in their country because it will make the common people powerful. But since Bangladesh has become the fastest growing economy in Asia, the finance minist6make take some positive steps as well.
3113  Economy / Economics / Re: Guggenheim Fund Files to Be Able to Invest Up to Almost $500M in Bitcoin on: November 29, 2020, 04:51:37 PM
When Snappa begun investing in bitcoin, I knew this is only the beginning of corporate involvement into bitcoin and I was right! What started with Snappa is only growing bigger regardless of the country and business. I foresee more corporates will be joining the bandwagon sooner than later! I would be more happier if the company intended to buy bitcoins without any middleman but even Grayscale deals in physical bitcoin. So whatever money will be poured by this company, will eventually move into the market at the end of the day! And that's what it really matters for us!
3114  Bitcoin / Bitcoin Discussion / Re: PayPal is sending the wrong message on: November 29, 2020, 04:08:04 PM
Paypal is sending the right message - not your key, not your bitcoin!

People are usually stupid and they sometime needs to learn the hard way! When people will learn that they can't do much with Paypal's bitcoin, probably then they will try to understand the actual technology behind it and start using some desktop wallets to hold their bitcoins going forward.

It's definitely unfortunate, but I think the community will be benefitted out if it in the long term!
3115  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Crypto Tax Implementation on: November 27, 2020, 04:22:20 PM
Tax is inevitable! However, if a government wants to impose tax on crypto, they they will have to create a legal definition for bitcoin. Which is good because it will give legal support to bitcoin holders within that country.

Right now, only a handful of countries have a legal definition of bitcoin. So if other countries too join the bandwagon, it will be great in terms of adoption. Many merchants are there who are willing to accept crypto as a payment method. It will only become a reality once bitcoin gets a legal definition.

I know a lot of people thinks, tax is a bad thing. But that's an individual choice! If we really want to crypto in our daily life, legality and tax are the most important parameters we should look for!
3116  Bitcoin / Bitcoin Discussion / Re: Chinese Police Seize 1% of Bitcoin’s Total Supply on: November 27, 2020, 12:55:51 PM
Quote
The court said "the seized digital currencies will be processed pursuant to laws and the proceeds and gains will be forfeited to the national treasury." Still not 100% clear what that means"

Good news, isn't it?

How on earth it can be a good news?? Having 4 billion USD worth of crypto assets in the hand of an authoritarian government!! It's good that a ponzi scheme is busted but Chinese government is not at all favorable to cryptocurrencies.

I don't know what Chinese law says, but in general for any such kind of financial frauds, the government liquidate the seized assets and return the money to its investors. That liquidation happens in fiat currency so I assume Chinese government will sell off the seized crypto assets. That's not a good news in this bleeding market!
3117  Bitcoin / Bitcoin Discussion / Re: Why make New Crypto Exchanges on: November 27, 2020, 06:29:57 AM
Overall i find working on a new Crypto Exchange a waste of time, money and effort unless you have some truly insane idea.

Am i wrong? Correct me if im wrong, willing to hear all your opinions.

There's no denying that not all crypto exchanges are good. However, the current number of crypto exchanges are not enough to serve the world population. A very insignificant percentage of world population knows about bitcoin and an even insignificant percentage of them use bitcoin for trading and other activities. So the current number of exchanges are not enough to serve all. Bitcoin and other cryptocurrencies are gaining momentum slowly and the adoption is gradually increasing. Binance is definitely a good exchange and because of their services, they have quickly move to the number one spot among the competition. But that doesn't mean that the need of a new exchange has finished.

Every country has a different set of rules and regulations. As the bitcoin adoption grows, we will soon need country specific exchanges to cater the local community in their local currency. In this process, many exchanges will fail for different reasons. But if that failure comes in the way of new innovation, a technology will never grow. I would say, the more competition we have in crypto market, it will only be beneficial for the commoners like us.

3118  Other / Off-topic / Re: Zlatan Ibrahimovic sueing EA due to using image in FIFA21 on: November 26, 2020, 05:21:31 PM
I am not sure why EA has used footballers name and lookalike digital models without their permission!! If EA had done that, a footballer like Zlatan Ibrahimovic who earns a whooping salary of 35 million in USD, wouldn't have sued them! However, we love both Zlatan and EA, so I hope some out of court settlement would work out soon!
3119  Bitcoin / Bitcoin Discussion / Re: Blocking accounts by PayPal for crypto activity on: November 26, 2020, 03:07:10 PM
We all initially thought that Paypal's introduction into cryptocurrency world will fuel its adoption among the commoners and that's why this community cheered about this news! No one really knew that Paypal wouldn't support withdrawal of purchased cryptocurrency and what not!

Now when the cat is out of the bag, only a fool will continue to use Paypal for their cryptocurrency related needs. Such kind of incidents are really eye opener for us!
3120  Bitcoin / Bitcoin Discussion / Re: Please remember ----> Bitcoin is a Peer-to-Peer digital payment network :-> on: November 26, 2020, 12:10:47 PM
In times like this when the Bitcoin price reach all-time-high (ATH) prices, people tend to forget the primary function of this technology, namely it being a "currency" or a peer-to-peer digital payment network... with no central authority or middlemen. (PayPal is a central authority and a middleman)

Also remember the true Bitcoiners slogan... "Not your Private Key... not your Bitcoin"

I know the prospect of owning Bitcoin as a Commodity is very attractive during these times, but remember that buying at a All-time-high comes with risk. (People bought at $18 000+ back in 2017 and they had to wait 3 years to break even or to make a little bit of profit this year...so ask yourself this question.. can you wait 3 or even 5 years to take profit... or worst.. take a loss if it does not happen again?)

                Do not let greed cloud you mind and do not buy Bitcoin or any other Crypto currency with credit.


Really noble thought! I personally know at least 11 people from my previous employer who are still paying their credit card bills at high interest because they had invested in bitcoin when the price was at peak! So if people are investing in bitcoin right now, can face a similar situation few weeks down the line!

But we can't blame the coomon investors as well because there is hardly any place available where we can spend our bitcoins to purchase anything we want! Unless this situation changes, bitcoin will be consider as an investment only!
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