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3101  Bitcoin / Bitcoin Discussion / Re: Why no simple service for HODLing Bitcoin? on: April 19, 2022, 03:19:02 AM
Forget about creating another token for every single thing that you would want to happen with your Bitcoin. Forget about your HodlCoin as well. There's already a number of HODL tokens in the vast world of shitcoins. There's already HodlCoin, HODL Token, and many more HODLs. Your idea is not something new.

Let people get more familiar with Bitcoin instead and be convinced that it's for keeps. There are abundant proofs that HODLers are rewarded over time. And then there's the arithmetic of only 21 million Bitcoin ever and more than 7 billion people and counting. There's not enough Bitcoin for everybody.
3102  Alternate cryptocurrencies / Altcoin Discussion / Re: Some projects are fated to doom? on: April 19, 2022, 02:39:41 AM
I cannot give a name of a single crypto project, but during the time when doing bounty is attractive I used to hunt for good projects with good teams and good objectives. I needed to do this because I didn't want to spend more or less 3 months promoting a certain project only to get paid with worthless tokens in the end. It might simply be me who failed with my erroneous standard in finding the best project or it could be that the projects themselves failed despite their best efforts, but the point is that there are a lot of them.
3103  Other / Beginners & Help / Re: Meritocracy on: April 19, 2022, 02:12:51 AM
The truth of the matter is that you could get merit in a hundred ways. Merit spending is unregulated here. Everybody could send merit the way they like it. You don't need to educate to get merit. You could have it by simply asking a question, responding with wit, even responding with sarcasm or an insult, and so on. If you explored the forum, you would know that merit could be earned in various ways in different sections. A meme could be enough to gain merit. An auction or a sale or a new campaign could also gain you merit.
3104  Economy / Economics / Re: U.S. life expectancy falls for 2nd year in a row on: April 19, 2022, 01:41:45 AM
I am not troubled that much if life expectancy is falling in the middle of a pandemic. That is expected because the COVID-19 virus could kill, especially those who are old and those who are already suffering from illnesses. It would be troubling if life expectancy has been falling for the past years even without strong external factors like a pandemic or a war or long periods of severe drought.

Bitcoin literally adding more years to our life is something I definitely would find hard to explain to convince others to join the community.
3105  Bitcoin / Bitcoin Discussion / Re: What is truly missing in the Bitcoin ecosystem to get this to the masses on: April 19, 2022, 01:04:47 AM
I am interested what others see as lacking in terms of how to get this to the masses.

Imho Bitcoin is getthing this slow to the masses is political.

That's one way of looking at it. There must be other ways. For me, it is less political and more technical. In most cases, people are not hindered to use Bitcoin even if their governments are not recognizing it. But why are they not into Bitcoin? It is probably because of the technicalities involved. Keeping Bitcoin is not as easy as keeping fiat. Comparing Bitcoin and fiat, the latter is user-friendly or easy to use and handle.

And, of course, there are the rest of the reasons like the masses don't really feel the need to use Bitcoin, there are a few business establishments that accept it as payment, and others.
3106  Economy / Service Discussion / Re: Anyone still use this website? on: April 18, 2022, 02:00:48 PM
Cryptotalk became the talk of the town only when it was still promoted here. By the time the promotion was gone, the talk about that YoBit-owned forum was also gone. But I admit nobody could forget its presence here. Users wearing their signature used to be everywhere. But what do you get really from registering on that platform? Bitcointalk may be called bitcointalk but you could discuss anything about crypto here, even other than crypto, so why would you shift to or create an account in another platform?
3107  Economy / Economics / Re: Sri Lanka defaults on its $51 billion external debt on: April 18, 2022, 12:51:36 PM
This is such a really bad situation for Sri Lanka. The country's top leaders must vacate their positions. They have failed their people. They have effectively proven their incapacity to steer the nation forward amidst overlapping crises.

The Rajapaksa family has to quit from public office. They have only dragged the country toward oblivion.

And I hope they could find more ways to strengthen their local economies instead of running for help to predator countries like China and India. "More credit lines to buy commodities from them" doesn't sound so good at all.
3108  Economy / Exchanges / Re: About my safety on exchange on: April 18, 2022, 11:48:51 AM
Hello 👋  how can I buy coins from a exchange without submitting my national Identity card or BVN number? As for those who did this how safe is it? I don't have anything against verification but I am not sure its safe or am I wrong about its safety?.
Use dex instead of cex to avoid submission of kyc. But if you are fond of using a limit style trading then trade on cex that dont need kyc. Binance and kucoin can accomodate some of daily trades even without kyc but of course it is limited.

I'm afraid you're wrong. While KuCoin has a certain limit for unverified users, Binance doesn't. Binance requires that every single user has passed identity verification, intermediate identity verification. KYC with Binance is compulsory. Trades are not accessible to unverified users. It may not necessarily be the case in actual individual accounts, like mine that is unverified but has 160,000 BUSD daily limit, but the official policy is that Binance services are only exclusive to those who have passed KYC.
3109  Bitcoin / Bitcoin Discussion / Re: Is the society matured enough to handle privacy? on: April 18, 2022, 11:14:33 AM
the problem i see is that scammers are abusing privacy, i will give an example from casinos. there are bad people who are creating new casinos to steal people's money, because they know they are anonymous, they know that no one will report them because this is an anonymity market, so they have 100% guarantee that they can scam and will get away with no problems. this privacy issue is a very good thing, but it's a shame that many people are using it wrong

Casinos are not supposed to be anonymous. They are supposed to be a legal entity. A casino is to be legally registered. It is supposed to be operating within the regulations set by the government. Are casino owners anonymous? I don't think so. Casinos could actually be held accountable under the law. However, is there anybody who really pursued a case in court against a casino for stealing their money?

Privacy is actually both good and bad that is why there has to be a balance. Absolute privacy is not to be desired.
3110  Economy / Gambling discussion / Re: sports betting sites that return your money when you lose. on: April 18, 2022, 10:45:07 AM
I cannot see the logic in such an offer. I have never encountered such a sport betting site. Whether such a site exists or not, I cannot be sure. However, my sense of logic tells me right away that such is not possible at all. Gambling sites are created to make money. If a site would give back a wagered money because it lost and would give the prize when it wins, then the company is operating like a charity.

I need more details, but I'm almost sure there is something that hides in their terms and conditions, if ever this kind of site is existent. The devil is always in the details.
3111  Economy / Service Discussion / Re: This exchange/trading platform seems like a scam, thoughts? on: April 14, 2022, 12:10:29 PM
Some of the most common reasons why people fall to scams are that the offer seems legit, the person offering it seems real, his/her information seems true. Don’t be fooled by things that seem true. Scammers always endeavor to appear legit, in many ways. They have public profiles on Linkedin and others that would convince anybody that they’re real. Don’t focus on them. As much as possible look for the red flags. Look for warnings. That would keep you safer. In your case, there’s a lot.
3112  Economy / Economics / Re: My secret about been here on crypto and financial market on: April 14, 2022, 06:36:26 AM
My hunch is that Wall Street is not an open book. So I think that things are not what they seem when it comes to the powerful people on Wall Street and their moves. I don’t have inside information, of course, but it is very possible that their most important and crucial decisions are done away from the peering eyes of the press. Their strong influence over governments are probably most felt during discussions behind closed doors.

The point is that you probably don’t have much idea of what they’re really doing.
3113  Other / Beginners & Help / Re: Please enlighten me on: April 13, 2022, 02:19:47 PM
There were stories I read about some people who are living their lives with Bitcoin only. However, I think that is only possible because wherever they are, Bitcoin could be spent in stores; Bitcoin could actually be used as money. Where I am from, that is not possible at all. So whether I am dreaming to live that life or not is not an issue. The issue is that whether anybody could actually do it. But I am almost sure that will eventually happen.
3114  Bitcoin / Bitcoin Discussion / Re: Without banking bitcoins will be work on: April 13, 2022, 01:08:56 AM
I don’t think banks will be gone. There might come a time when most banking services are offered by all kinds of crypto platforms like wallets, DeFi apps, and others, but the relevance of a bank won’t simply be erased. It remains.

Safekeeping is not everyone’s business especially when it involves huge amounts of money. Some people will have a better night’s sleep even if they’re not fully in control of their funds for as long they’re in an insured account in a bank.

And, of course, the banking system is dynamic. It could very well adapt to the changes of the times. Its importance is proven by history.
3115  Economy / Speculation / Re: Will Bitcoin's price stabilize someday? on: April 09, 2022, 04:51:46 AM
There might come a time when Bitcoin's price will reach a certain level of stability, but I'm afraid it won't be as stable as fiat. In the first place, Bitcoin is not fiat. Bitcoin is decentralized unlike fiat.

With the centralized fiat, there are mechanisms available for government leaders, economic teams, and monetary and central bank officials to keep its value more or less stable. They may succeed or not, but at least they have a certain level of control. For example, they could inflate and deflate the circulating supply, raise or lower down interest rates, or implement certain policies and measures.

With Bitcoin, nobody is in control. There's absolute freedom.
3116  Bitcoin / Bitcoin Discussion / Re: We are getting stronger, how are you contributing? on: April 09, 2022, 03:35:17 AM
That's good to hear. I am interested to know what country you are from.

Anyway, I also thought of somehow contributing to the promotion of Bitcoin by wearing the Bitcoin logo, but then I was eventually discouraged. I now have reservations of displaying myself to the public as my own bank. I have already heard of a handful of crimes related to Bitcoin ownership. I'm sure you have already heard of the so-called $5 wrench attack.

I am still promoting Bitcoin by carefully and properly describing it among friends and acquaintances, promoting awareness specifically rather than promoting Bitcoin investment.
3117  Other / Beginners & Help / Re: I'm worried about the safety of my tokens and coins on: April 09, 2022, 03:02:06 AM
In addition to buying a hardware wallet, which has already been repeatedly suggested by other users here, I recommend that you do something about your growing number of coins and tokens, especially if you have already made a significant profit out of them. Those profits are paper value unless and until you start selling them.

So if you are really worried about the safety of your tokens and coins, you should be thinking beyond storage. You should also be thinking of their worth. Altcoins don't last long. It's not so much a question of where you are keeping them as how long should you keep them. If you haven't noticed yet, altcoins grow fast and die young. Act accordingly.
3118  Economy / Economics / Re: Lets be honest sanctions and all others problems on: April 09, 2022, 02:25:55 AM
You are obviously oversimplifying things here. I'm afraid it's not as simple as it may appear to you. Reducing all the things that are happening now into a simple case of cash shortage is at least myopic or outright wrong. Sanctions imposed on Russia, for example, are definitely not about cash shortage. Overprinting of money, on the other hand, is not simply about cash shortage given that there is a pandemic happening which has wreaked havoc to economies all over the world. Ban on exchanges is also far from an issue about cash shortage.
3119  Bitcoin / Bitcoin Discussion / Re: Is the society matured enough to handle privacy? on: April 09, 2022, 01:53:20 AM
Privacy is a double-edged sword. Whether you implement it or not, there is always a set of advantages and disadvantages. There's an inevitable overlap. But it's not an issue of maturity. What you can see of humans today is what humans are. The issue is that there will always be a compromise. Without which, something is sacrificed. For example, we all want the government and everybody else to fully respect our privacy but, at the same time, we also want the authorities to assure our safety. The two can't be fully guaranteed at the same time.
3120  Economy / Gambling / Re: Which would be better ? on: April 09, 2022, 01:29:40 AM
What do I need to know to play casino?

First of all, learn about the specific game you play in a casino. You have to know its mechanics. You don't just play without knowing how the game works.

In general, you have to know that there is such a thing as house edge. It means the casino where you are playing has an advantage over you. A casino is a business. By playing in a casino, you should be aware that they are most likely to win and you are most likely to lose. The longer you play in there, the more likely you will go home with nothing.

Quote
Which is a more profitable casino or sports game?

When it comes to the possibility of a big win or a huge jackpot, that's offered in a casino than in sports betting. But if you want to make money, you probably should just bet on a sports game rather than play in a casino. With sports betting, you can make analyses so your bet is an informed bet and not a blind one.

Quote
And Which Platform should take as a newbie gambler, casino or sports?

It doesn't hurt if you try playing in a casino. But spend only a little for a start. And always be reminded that burning money is what you're doing. On the other hand, if there's a particular sport or league you are very fond of, you are probably familiar with which team or player has more chances of winning. That's an easier thing to bet on.
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