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3161  Bitcoin / Bitcoin Discussion / Re: Do you think that cryptos such as Bitcoin would be mainstream? on: November 12, 2019, 03:24:34 AM
I was just wondering if one day it would be possible for cryptos such as Bitcoin (BTC) OR Ethereum (ETC) to become mainstream one day for people to use for day to day transactions on a daily basis. Because I heard that the people in Zimbabwe with their economic difficulties use cryptocurrencies as a means of trade.

Would the world adopt cryptocurrency as a means of transaction, what do you guys think?

It depends on the mainstream population, I believe that are a lot of people that don't really see it as possible payment option due a lot of the issues that also make it pretty attractive to other people.

If we are able to solve these issues we might see a future for bitcoin and other crypto currencies as a feasible payment method.

-Votality (no one wants to pay 0.01 for something and then BTC changes prices, although other cryptos fix this)
-Mainstream Adoption
-Instant payment confirmations

I think there is a big chance that it will be going to happen because bitcoin technology is already getting popular all over the world as a lot of counties already using it in a lot of transactions and even as a currency. I think the bitcoin needs a lot of time for a lot of countries to adopt completely to bitcoin but still even due the bitcoin technology is already remarkable I still cannot think of a way how the bitcoin is going to replace the fiat money in a lot of countries because the fiat money is already the standard and also we cannot use only one currency around the world as bitcoin also bitcoin has a high value imagine if that happened the bitcoin market price will surely pump.
3162  Economy / Gambling discussion / Re: Gambling Addiction at its Worst! on: November 12, 2019, 03:04:43 AM
I think gambling addiction should be treated like other forms of addictions, and those affected should get medical care. Also gambling websites as well as casinos should have a bold sign advising people to 'gamble responsibly', similar to what alcohol beverage companies do. Not just as a measure to absolve themselves from blame but to protect those that patronize their services.
Personally, I have never been addicted to gambling.
In my opinion, people become addicted to gambling because they just want money after winning and winning or having the chance to win the game also the winner money is making them addicted and they think that they are always going go win. As a gambler, it is really addicting especially if you are always winning the bet but it is also kinda risky to put your money in the game but it is just a game sometimes you win and sometimes you lose also. I have a lot of friends that become rich because of gambling but don't try your luck to be like him if you don't have any idea it is still risky.
3163  Alternate cryptocurrencies / Altcoin Discussion / Re: Any bounty campaigns for Newbies? on: November 11, 2019, 04:41:58 PM
Hello guys,

I was searching for some bounty campaigns that accept newbies like myself. Do you know of any that recently started ( in the last 7 days for example )? It's a mess in the Bounty thread.
I don't think you could find a bounty campaign for newbie back in the day newbie are accepted in aa selected campaign but today I don't think there is a campaign that would accept a newbie since the merit system is already implemented in the forum, the forum is already developed and every user are given a merit if they have a good post to add to their profile. Newbies don't have enough experience and knowledge in the cryptocurrency community so I don't think they should be accepted in any campaign by any means they are just alt account and abusing the campaign.
3164  Bitcoin / Bitcoin Discussion / Re: Bitcoin and tax in your countries on: November 11, 2019, 04:18:17 PM
I would like to hear about the situation with bitcoin and taxes in your countries.
I think it would be interesting to hear different experiences and compare results across countries.
Of course, I understand that in some countries you can't declare bitcoin tax.
I'm not interested in these countries but the ones where it is possible to declare and pay bitcoin tax.
I will start first.
In Croatia, several years ago we received clear instructions from the tax office on how to file a bitcoin tax.
In short, we must lead FIFO and if we can prove that we held btc funds more than 2 years, than we don't need to pay tax (long term investment).
If we have kept btc funds for less than 2 years, we pay 12 % tax plus surtax.
Can you share situation in your country?
Here in our country, the tax has been going up and down for the past few years because of the unstableness of the government. There was once recent issue that involves stealing the money of the people by those who are in authority. It was also evident here that not all of our tax goes to beneficial stuffs for everyone, some officials steal it and take it as an easy money. When it comes to bitcoin, the government is now silent about the use of it after what happened before where bitcoin was considered as a scam by those who are less knowledgeable about crypto.
In our country bitcoin basically don't pay any tax because as bitcoin transactions were made it is not controlled by the government so basically you could do every transaction anonymously and the government cannot put the tax in the transactions but it is just a transaction not like buying things in a store. But it all depends in the bitcoin wallet that your using the company that made the bitcoin wallet was the one who pays the tax in the government because they have a business and they are using bitcoin so it will make sense we do not directly pay in the government but we pay tax.
3165  Alternate cryptocurrencies / Altcoin Discussion / Re: Red trust accounts wearing signature..... on: November 11, 2019, 03:47:18 PM
Presently i detect that few bounties still allow red trust accounts to wear their signatures, i think this means the bounty project is been managed by bad bounty manager or what do you think? for example E3T bounty allows red trust account, is this normal ?
I saw E3T requirements and it is not stated that users with red trust cannot participate.
Their rules are simple. As long as they don't prohibit users with red trust to participate, users with red trust can participate as long as they want.
It is not against the rules. Rules are to be made by bounty managers, I don't know the campaign manager so I can't say if he is a bad or a good manager.

It is normal as long as they allow users with red trust to participate.

Requirements:
  • Only user with the rank of Member and above can join the campaign.
  • The Signature should be kept until the end of the Campaign, removing the signature
    before that time will result in a disqualification.
  • During this period, you must make a minimum of 5 Posts per Week and 1 Post per week in the Announcement Thread .
  • Posts must be useful and constructive to be counted. Posts that are off-topic, or simply made
    with the intention of raising post count will be disqualified.
  • A post must have a minimum length of 80 Characters to be counted.
  • Keep your signature on until the spreadsheet is updated with your final post count,
    removing it before post count will result in not be accepted.




In my opinion, it is really a big downside on an account that has a red trust because a lot of signature campaign only allow account that have a great profile or doesn't have a red trust in their account. In my opinion the bounty manager is the one that is going to decides if red trust account should be accepted in the signature campaign or not but pretty much today it is now standard that your account should not have a red trust or else it will not be accepted in the signature campaign because it is not trusted anymore by the campaign manager.
3166  Economy / Gambling discussion / Re: Loan app on: November 11, 2019, 03:00:08 PM
I'm so sad for today I have many loan,to play primedice.com,but I'm not lucky I'll loss everything.....I thing I comet suicide,,,,
Even if you lose all your money or bitcoin in a gambling game committing suicide is never the answer or the right thing to do it will just make it worse. You could still earn the money that you lost in the gambling website besides it will be better if you don't play gambling because you cannot win all the time there is always a time that you will lose your bet. Also loan app today are worst do not loan in a app they have big interest and fix paying time beside it is not a recommended thing to do. Don't give up in life their is a time in my life that I don't have any money in my pocket but I don't give up and just keep on working here in the forum until I earn a small profit.
3167  Economy / Gambling discussion / Re: 100% guaranteed no loosing sport betting method on: November 11, 2019, 02:37:56 PM
Quote
Is this a risk free betting method or not?
I think this it's just another scam method.

However, if you feel the betting method was 100% guaranteed and they will never lose you can use it by yourself. We already have some scam method like this who offering a guarantee service tipster its an old method service for a scam dude, and other methods like script too. For me service like that its just the same service as Ponzi scheme who offered us a guaranteed profit if we invest on their platform.

Always things realistic, if they never lose the gamble/game why they need to invite somebody to join them? They can make money by themselves.
A simple logic where anyone should think off first!

This is the only line that would answer all of those people who do have that guaranteed thing.Thinking off logically if they do had that 100% guaranteed money making
thing then they wont share this out to public but well we do know that theres no such thing about guaranteed thing on this world specially on sports betting.
So be cautious for newbies out there who do tend to join up to these so-called syndicate.lol
As an Information Technology student, I can create a system or this betting game and I know that I could easily manipulate the winning method I think your method could work in a lot of users but not in all of the users. All betting system could easily be altered the algorithms of how the system works I could make or higher the winning percentage of the game to attract a lot of users to continue playing and investing in the website but also after that I could make sure that it will not be going to happen in the other users so pretty much it is just a fair chance in a lot of users but a win-win situation for the website owner or developer.
3168  Bitcoin / Bitcoin Discussion / Re: China Will not Ban Bitcoin Mining! on: November 11, 2019, 01:36:14 PM
Sources:
https://www.coindesk.com/china-scraps-plan-to-categorize-bitcoin-mining-as-industry-to-be-eliminated
https://static.coindesk.com/wp-content/uploads/2019/04/bitcoin-yun-860x430.jpg
Another topic regarding this: https://bitcointalk.org/index.php?topic=5199187.0

Before, the China National Development and Reform Commission (CNDR) tried to categorize the industry of bitcoin to be banned from their country. It was included in their catalog (pertaining to industries needed to be banned) that virtual currency and mining activities should be phased out in their country.

The initial draft of the catalog states that "Virtual Currency mining" particularly bitcoin mining should be eliminated, thus recommending local governments to scrap bitcoin mining out of their industry. Now, there's a sudden turn table in their decision:

during the press conference on Wednesday, the catalog received 2500 suggestions concerning bitcoin mining, and most of it was taken into consideration.

Here's my point of view:

          1. Since China holds half of the bitcoin's global hash power (according to https://www.coindesk.com/china-scraps-plan-to-categorize-bitcoin-         mining-as-industry-to-be-eliminated), the service that bitcoin provides will not just retain, but also be further develop in the future as China will not put restrictions to bitcoin mining. Thus, will let cryptocurrency mining more efficient.

          2. Inducing Market Adoption - China scrapping their plan to eliminate bitcoin mining to their country will enable their people to trust bitcoin even more, and will lead to much better bitcoin adoption that will not affect their country, but also the whole world.

          3. Great control to Cryptocurrency - Regarding the news, reducing the resistance for mining industry will entail china to have a great control over the hash power of crypto. As a result, more control to cryptocurrency.


It is evident that even big a country with restriction to cryptocurrency and mining is now in favor and showing support to crypto. There are better future that awaits us in crypto space and we should be knowledgeable about that.

Should you have any questions and comments about this, kindly spread the word to the comments below.

I think this only makes sense since a lot of mining company is originated in china it will be a big loss if the china banned cryptocurrency mining in their country and surely will have a big effect on their economy. I think if China banned bitcoin mining in their country it will be a big opportunity for a lot of small mining company all over the world to mine and have more profitable mining because there will be big competition since china is one of the competitors when it comes to bitcoin or cryptocurrency mining in the world.
3169  Economy / Gambling discussion / Re: Need your opinion about actual Crypto Casinos (and how future ones should be) on: November 10, 2019, 02:15:24 PM
Hello,

I would like to get your opinion about several questions related to online Bitcoin/Crypto casinos:

What are your favorite game(s) when playing on a Bitcoin casino? (slots, dice, blackjack, video poker, american or european roulette, bingo, keno, lotto...)
What is your favorite cryptocurrency for deposit?
What is your favorite cryptocurrency for withdraw?
What are(is) your favorite features on the casino website?
What about KYC?
Do you like refferal programs (I mean, do you use them?) and bonuses?
Anything else to say about casinos?

I just ask these infos in order to get a feedback from players, in order to create a gambling website which fit to the users (even if my team and I know that there is a lot of concurrence in this sector).
Extra info: we still have some issues to find a nice name for it, all suggestions will be welcome Smiley

Edit1: All our games will be provably fair, and instant deposit/withdraw will be enabled for major cryptocurrencies (like BTC, ETH, LTC and Doge).
What is your favorite game(s)?
*My favorite game is dice, blackjack, and poker, in my opinion, this is a must-have game on a gambling website or a cryptocurrency casino type website.
What is your favorite cryptocurrency for deposit?
What is your favorite cryptocurrency for withdrawing?
*The best and my favorite cryptocurrency to use both in deposit and withdrawal was no other than bitcoin this is the only cryptocurrency that can be used in a lot of transactions so this is obviously the best token to use.
What are(is) your favorite features on the casino website?
*I think chatbox, just don't make a laggy website, and also support should be active and approachable.
What about KYC?
*I don't really mind KYC but I think this is a must-have to know the customer so that every user will be responsible.
Do you like referral programs (I mean, do you use them?) and bonuses?
* Yes, in my opinion, this attracts a lot of users
Anything else to say about casinos?
*System code use in the website should be fair a dice game algorithm could easily be altered, just make the make fair.
3170  Bitcoin / Bitcoin Discussion / Re: 3 Concerns You Have For Bitcoin on: November 10, 2019, 11:38:37 AM
what are 3 concerns you have for Bitcoin?

this can be for the aspect of daily use?
if mass adoption would happen?

would it solve inflation?

etc. like to hear your thought?
Possible that bitcoin as a part of the financial landscape could surely affect inflation depends on the country. Also, fiat money is already implemented worldwide and surely it will not going to disappear at the moment bitcoin become implemented I'm not really sure if the bitcoin could replace the fiat money or how the bitcoin will be implemented in a country it has so many conflicts that preventing bitcoin to become a legal currency. I think it will surely affect inflation but we don't know how it will going to affect it.
3171  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: November 10, 2019, 09:21:57 AM
Just curious here.
I know there are tons of way to live.

but is there such a thing as professional gamblers?

people who make a living onlyout of gambling (online or on rl)?

resources and comments on that are really welcome.

Gambling is a multi-billion dollar business, the governments are running gambling casinos to fund their various projects, business corporations create cities for gambling and we all the know one president whose business is running casinos.

Gambling creates jobs and of course, there are professional gamblers who can make millions in one night along, these are high rollers who make a living as a professional gambler, they can do these because some of them are loan sharks who lend money to his fellow gamblers.

Some gamblers have developed a strategy of their own that they can employ to win in gambling, they may not always win every night, but they make sure their winnings compensate for their losses.


I think there are a lot of people who leave in gambling and earn a lot of profit in gambling but I think making this as a profession is not a good idea because as we all know in gambling we don't always win the bet or the game sometimes or a lot of time we could also lose a great amount of money so I don't think it is recommended to make it your profession. Thinking of this I think gambling your money sometimes could be good but gambling all of your money probably is not a good gamble probably it is will be worth it if you invest some in your passive income.
3172  Bitcoin / Bitcoin Discussion / Re: Never possible earn free bitcoin without work. on: November 10, 2019, 06:30:54 AM


People have the worng ideas for earn free bitcoin without work, if you want earn free bitcoin then you need more skills with hard working. There are a number of ways in which you can earn free Bitcoin, but for that you need to be competent in those things and work hard:

1. Writing about Bitcoin: If you have skills about bitcoin with the cryptocurrency market industry General knowledge then you can share and also earn bitcoin.

2. Micro Earning : Micro earning websites pay you in Bitcoin for completing small tasks. In return you can get a (very) small amount of Bitcoin.

3. BitcoinTalk Signature Campaigns: This is the most and popular ways you can earn more bitcoin with your expensive skills. If you want participate signature campaign then you need good rank and high post quality. Because here campaign manager will be follow your post quality so knowledge must have the crypto world.

4. Paid-to-Click PTC Websites: There are many PTC websites that will pay negligible amounts in Bitcoin for clicks and views theirs adds
This website allows users to choose between viewing ads that are 5 seconds, 10 seconds or 20 seconds, with different fees being awarded for each but you need to searching trust proof site with payment proof.

5. Bitcoin Trading: There is lot of potential to make money on trading in Bitcoin, but it takes a level of expertise and knowledge about the bitcoin market.

6. Bitcoin Investment : If you can be patient then you can make a lot of profit through the investment of Bitcoin. When the price of bitcoin goes down, you can buy and hold bitcoin and if you have enough patience time then after you will earn extra bitcoin profit.

Thanks to all..
I think this is just a wrong thinking of a lot of people to get bitcoin in the internet for free when I first started in bitcoin I also think of this about bitcoin because I have a lot of question also my friends and classmates told me that they were already earning a good amount of profit in bitcoin in the internet so I was curious if it was possible and I thought that it could easily earn since it is just a digital currency. But after I go to forums and learn about a lot of things in the cryptocurrency so I think if you don't have enough knowledge this is the first thing that you would think.
3173  Economy / Gambling / Re: introduction on: November 09, 2019, 01:58:08 PM
Do you require full KYC for deposits and withdrawals? The ones that regular sportbooks require when they send you a letter to confirm your address etc.
I see that you need to enter your full name, birthday, address info etc.

How about payments from pre-paid cards, are those accepted? Pre-paid cards are not tied to a name. They only have the information of the issuing bank.

Yes, just for withdrawal requires KYC I just registered and saw it, KYC must be sent via this email support@zanzibetnew.com

And for withdrawals can not use bitcoin is not available, only Skrill and Bank Transfers can now,

huh, if it's like this in my opinion it's rather difficult it should be even easier to withdraw and deposit it.
The Website was so easy to use and it is easy to register a new account on the website also they have an elegant design. I could see the support was already introduced in the website and I think really approachable if there are problems in the websites but if they cannot use bitcoin for withdrawals in the site I think the website is forcing you to invests your money and bet your bitcoin the website in my opinion the users should easily deposit in the website and the same as withdraw the website could charge a reasonable transaction fee and that's already it if the website is restraining you to withdraw your bitcoin I will not trust the website.
3174  Bitcoin / Bitcoin Discussion / Re: Would you waste your time for 5 cents worth of bitcoin? on: November 09, 2019, 01:24:16 PM
I am doing market research for a potential project.
If there was a website you could go to daily where you would earn anywhere from 1 cent - 10 cents worth of bitcoin just for clicking a button, would you do it?
No strings attached, no deposit required. You go to the website, push a button and 5 cents is deposited into your wallet. Would you go every day and do it, or is it not worth your time?

Like a Paid-to-Click site? With lots of scams nowadays, it will be a tough challenge for you but I think even for a small percentage, there should be someone who will test the waters there. Obviously and technically, you will not send the payment right after it was being credited to their respective account and you will set a minimum tier for them to be able the withdrawal, well to save fees. On that reason alone, one can be tired of achieving the minimum amount to withdraw and soon they will abandon their progress.

Why not just focus on the content instead? Not with the rewards, not with the prize, not with the benefits, but anyone will go to your website if there's a useful and interesting content there. Those small rewards are just a bonus.
Yes. Sometimes we also need to look the content and understand it an not just simply considering its price. I will definitely put some of my time on it if has good essence for me but if it's there without any valid reason, i won't waste my time on it. It's really impossible that a website will just give free cents without any hidden agenda.
In my opinion bitcoin faucets nowadays is not a good investment for your time, if you could visit a lot of websites in the internet that have a bitcoin faucet and could actually earn a small amount of bitcoin will a monthly claiming in the bitcoin faucet but for me it is not worth it to waste your time in claiming you could just do a signature campaign in the market and then a that will only eat a small amount of your time posting in the forum and also you are helping the community by answering their question and at the same time you could earn a good amount of profit.
3175  Alternate cryptocurrencies / Altcoin Discussion / Re: WILL Bounty campaigns Ever Keep to their Rules and Regulations on: November 08, 2019, 02:00:42 PM
Can we ever have a bounty campaign that stick to its Rules from the beginning to the end of the campaign. can that ever be possible just like the old days. bounty campaigns of early 2017 use to plead with participates. Ran a bounty of 3 weeks without any additional weeks. maintained a fixed number of token or pay amount without altering the total pay budget. stick to their rules of paying immediately at the stipulated time. Most of these projects are successful and remains top notch.

The truth about New projects these days is none of them are real. all are fake and copy cats. Knows that they have nothing to offer. they are just after the Money. if they are fortunate to raise the money, fine business starts.  but if not;everything scrap to the scratch.  it all depends on the money. money first. once it is realized, they do everything possible to protect the money not the project. from the project CEO to CEO. to the legal team and the rest.
Bounty participants are the LEAST in the list of Payment. before you join that bounty. Make sure you have the free time and won't regret in case target was not met.

Most of them do keep their words for bounty rules but if their project is a total scam, there's no use of the distributed tokens.
There are many other cases where the bounty users feels betrayed, sometimes project doesn't reach the softcap required for bounty distribution. Some project are withdrawn while some move forward with whatever they sold. Mostly bounty hunters doesn't get tokens and in rare case they do which is negligible. Eg. bitbond.
Sometimes they get the token but the token doesn't sees an exchange in their life, and sometimes the token doesn't even get a value of a satoshi.

I think the ICO are all over because their are already thousands of alternative token made and already regulating in the market with that the investors and the community cannot hold it anymore because a lot of the altcoins just end up becoming a dead coin because of the developer of the coins that do not properly maintain the token and did not advertise the token, so probably if the coin doesn't have its market or did not list in an exchange probably the token did not have a good value in the market. I think that whats makes a bounty campaign end up to be all scam in the forum.
3176  Bitcoin / Bitcoin Discussion / Re: Is it possible to fake the BTC blockchain? on: November 08, 2019, 10:34:31 AM
It's a bit of time I'm asking myself this question.
Let's imagine the following situation:
A guy visits another guy to receive a payment in BTC.
He doesn't have a mobile internet connection, so he asks his host to connect to his host's wi-fi.
His host, that we assume for the sake of our inquiry wants to scam his guest, connects him to a fake internet in which the real BTC blockchain was forked in order to fake a transaction that in really will never happen.
So once the first guy will go back home he'll see that his payment has disappeared.
Is this situation technically possible?
I this it is possible to do but the guy will notice it eventually of course and you just make it appear that he has received the transaction or make it appear like a legit transaction in the blockchain but not really a hack or sending a fake bitcoin, I think your going to need to crack the code of the bitcoin to fake a transaction but the method you just says is just making it appear a transaction was made but it was not. By the way transaction in the blockchain could sometimes cancel it happened to be sometimes due to traffic.
3177  Bitcoin / Bitcoin Discussion / Re: How we can introduce bitcoin to local people on: November 07, 2019, 04:53:36 PM
One day, I think to myself about how to spreads bitcoin to other people. After I create threads https://bitcointalk.org/index.php?topic=5191717.0, I see many of us don't try or don't have time to come into a gathering or make a meetup. So how we can introduce bitcoin to local people in our country if we are not trying to tells them about bitcoin? I know that will related to the regulations in every countries but we can introduce to our close friend so they will spread it into their closest friends too.

And if this is succeed, I think cryptocurrency will grow step by step. I know we can spread bitcoin online, but that doesn't mean all people in your country are aware of bitcoin. How they can know bitcoin if they never use the internet to search the news while we can tell them about bitcoin and another coin by offline.

The easiest way to invite people is to live by example, when I was starting out here when I try to tell them about Bitcoin and Blockchain they thought that I was inviting them to a Ponzi scheme, but after they saw that I am making progress in my life materially and they see through the many media news and Videos I've sent them, they finally realized how this technology can help them, you don't have to tell them they will eventually catch up because it's now becoming everywhere.
I think what we could do is introduced them to technology if the government could reach all the people in their country including native people and could teach them or provide them a proper education they will be more likely going to be introduced to technology and using the technology they could have knowledge in cryptocurrency and also bitcoin. We don't need to tell them about bitcoin what we need is to teach them what it is for it is better if they could learn the significance of it. Also justing posting in forums we already helping the cryptocurrency community to get bigger and bigger.
3178  Other / Archival / Re: 🎲🎲vipgame.io - crypto gaming platform🌟Daily Bet Race, Bet for 0.06BTC!🔥 on: November 07, 2019, 02:39:36 PM
Just want to suggest to have some faucet system with this new gambling site to attract some users to test out because I haven't seen this feature.

Faucet system wont attract real gambler, it will only attract faucet licker who usually spend their time in many gambling sites for the faucet only in a hope to win big from the faucet. VIP is running one time bonus, I think it is much more better than faucet. If faucet is already on their future plan, I would even suggest them to change it to better promotion system such as cashback/lossback/rakeback system so only real players will get the benefit.


Yes, We think so. You can see that the VIPGMAE airdrop is much more generous than the faucet. But everyone seems to be accustomed to the faucet system.
The team will consider this and other promotion systems you mentioned.
Yeah airdrop might have bigger amounts than on faucet but it totally different if a gambler would directly able to claim up their free coins into the site and able to play or test some games right away.

@Panjul07, im not saying that faucet can guaranteed attract real gambler but this is much more better having no faucet at all.

I think the magic of faucets is over. Faucets do not seem to be able to generate returns. But good promotions can attract people to the platform.
I think bitcoin faucet is a good thing to have in a lot of gambling cryptocurrency websites as it was a good thing for a lot of new gamblers on the websites. Also having it making the users comfortable to invest their money as the website have its own unique design and look like legit website. Also, it is a good thing to see in a website if the developers are not stopping to update designs and maintain or add more option for the users in the websites as their users is getting bigger.
3179  Bitcoin / Bitcoin Discussion / Re: Earning Interest with Bitcoin? on: November 07, 2019, 09:22:28 AM
Is this possible?  Example you lend bitcoin to something similar to like a bank and they give you interest on it?  Like how now they give you 2% interest?


I heard binance is doing something similar like that but it was like 10%? 
Actually Binance is doing this because they are lending that money ahead to traders at higher rates. Advantage to Binance is that margin money provided for trading is almost at zero risk because liquidation price is set in such a way that the exchange never suffers any loss. So Binance themselves are earning a huge chunk of Interest and distributing merely like 10-15%. It's possible for exchanges to do so but outside that world it's never possible because there will be a list of people wanting their money back but zero people who will willfully come back to return their loans. If they don't then the intermediary will run at a risk of getting bankrupted as they can do nothing about this.
i've use a lot of hype or investment website which you could invest your money and it says that it will gain profit of 20percent per month and also i could earn a profit if i invest and invite someone to also invest in the website. I think this kind of websites work but not all of them works and legit they probably just end up just a scam. I think if the profit promise was to good to be true it will probably just end up to be a big scam.
3180  Bitcoin / Bitcoin Discussion / Re: BTC, why do some people just get it, others really don't? on: November 06, 2019, 03:55:10 PM
In my experience its seems that

[1] some people seem to just "get" btc almost as soon as they are introduced to it,

[2]  others simply don't or

[3] become hostile without understanding BTC tech.

[4] Become hostile and do understand the tech.



The demarcation lines seem to me quite stark. Any theories as to why this is?


(I understand [5] those who just don't get it or are not interested, )





People will not just be going to buy bitcoin and they probably don't trust bitcoin with just hearing news about people who invested in bitcoin and become rich they will only going to believe if they earn a profit themselves in bitcoin. The first time I know about bitcoin I don't really trust it and also the news in our country is telling that bitcoin is a scam and it is a big risk if you invest your money in bitcoin more like they are just telling the bad side of bitcoin. In my opinion, the bitcoin community is getting bigger as time passes and bitcoin technology needs to be introduced properly as a currency and not just as an investment.
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