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I suggest that ECB is just trying to prevent capital outflow. As OP already mentioned this approval would only be needed then you make a transaction above certain amount. So you should understand that in someone is willing to send a hundred millions abroad then this process would never be easy and no matter if you are using fiat, gold or crypto. All those transactions are already under heavy control of the government.
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everybody thinks that angry villains in the governments are just printing the money to steal our savings. And all of them think that tomorrow we gonna use the deflationary currency.
Expansion of the monetary base now exceeds growth GDP or population growth for over a decade and isnt likely to reverse; the new money first appears as new debt in favour of fiscal budgets. I wouldnt say stealing but use of power to favour your own agenda sure and the entire country is to blame for voting in those in politics who promise to overspend and continue doing so. So we steal from ourselves perhaps, many think debt is free money so long as we never repay it only borrow more but that is the real nonsense and danger Deflationary currency would be most recently gold as its rate of production is below global population or GDP growth which means prices can fall in nominal terms as the money is possibly worth more then the price of a stable good in demand but also freely available. Theres alot of good things about having a stable currency but it does not favour the use of large amounts of debt and budgets based on that debt, we are not likely to have this scenario again without a quantum change to attitude of almost the entire economy, in power, business and people also. Its very unlikely even without dollar that the replacement for world trade would be a solid or hard currency or anything close to deflationary. Whats most likely is all the other alternatives which are also FIAT, also partly backed by debt but hopefully more trade then presently true. SDR is one currency based around the IMF that could be some replacement for dollar reserve but its only a combination of the alternate national standards and still very much FIAT and inflationary. Not all think crypto will take over, I think it just rises in usage and thats enough to be bullish really And after so many words you still could not say how the export of the country would work with a deflationary currency. All those stuff about the magical currency that would replace current fiat money looks like a prophecy rather than a worthy economical theory. Such currencies will never overtake fiat money at all levels: governments wouldn't make BTC their main currency and the majority of people would hardly spend most of their money in crypto. |
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First of all your remark is absolute bullshit. Don't say things like that if you want to look smarter.
Second is that Twitter is constantly adding different things to my feed like the posts that I may interest me, posts that my friends liked or posts made by accounts that i liked some time ago. You don't have to subscribe to someone's account to get his news in your feed.
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Many people prefer to use p2p exchanges like localbitcoins simply because many exchanges got an insane amount of KYC and verification process may continue for several weeks and you may still end up with only one withdrawal option that you can't use in your country. So all those p2p trades are not included into 24hr volume.
Even if you are selling your BTC on exchange then you are selling it not to exchange but to the other users like you that placed a buy order. So if there would be more sell orders then the price would go strait down.
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We all hope that there will come times when Bitcoin price would be over one million USD because hopefully, that would be the moment when newbie shitposters like you would stop creating the same useless threads again and again. More violence and criminalization of bitcoin holders by governments
Sure, governments are trying to regulate cryptocurrencies just because they are afraid of all those people that are holding this treasure. That's true. |
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3. Facebook reverses crypto ban which is actually expected by the many as this industry can be a good source of revenues too.
this is the worst thing that could have happened unless they have found a way to properly disallow scam advertisements since nearly all of the ads on their platform regarding cryptocurrencies were advertising scams one way or another. from malicious software like fake wallets to ICO scams. It seems to be their unofficial policy regarding crypto. There is a plenty of shady ponzi and MLM projects outside of the crypto space and generaly they are getting moderated on Facebook and Google ads. And at the same time dring the crypto boom no one gave a single fuck to moderate any crypto related ad. Not only scam projects but also phishing websites. Google and FB are world's top IT companies and they couldn't handle with phishing websites that simply added one extra letter to original name? Pff.. They knew what they were doing. |
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And why do you consider the investor's wish to fix his profits as cheating? This is not charity. People are not investing their funds just to make some good project. The most important thing for them is ROI they will get after selling their coins.
Many shitcoins were overpriced even from their ICO. It is naive that after realizing that people would keep buying this shitcoin.
Even projects don't really care about the price of their coin. They made ICO and raised a huge amount of money. Current price of their ICO shitcoin does not affect their activity even if they are doing something.
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Plot: A person claiming to be Satoshi recruits 11 renowned cryptoers in forming a company designed to conduct the world's largest ICO (in excess of $10B), whereupon once the moneys' raised, they exit scam, but the project takes on a life of its own where the scammers are forced to see the project to fruition in hopes of even a larger payday while the SEC et al. are on their heels.
Thoughts.
So that's just a reminder to all those people that believe that Craig Wright is a real satoshi that every time someone loudly says that he is a creator of blockchain that suddenly decided to break his silence and start saying different unbelievable bullshit that is definetely gona end up with some scamcoins (like it happens with BCH) or in this case exit scam. And all those attempts to renew the project are just attempts to advocate themselves in order not to get in jail. |
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Currentlu altcoins are not pumping that hard as it was in 2017. If you open "gainers and losers" table on CMC then you would see a couple altcoins that gained 30% today and that's it. Imagine your chance to pick one of those coins out of thousands of shitcoins that lost their price. And at the same price nothing can guarantee that even decent projects will find enough investors now to make their coin grow in price. Just IMHO but altcoin investing right now is even more unsafe than it ever was.
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Bitcoin doesn't also guarantee payback, the blockchain it self is not yet that secured. No system is secured, fiat, plastic money, cryptocurrency, any currency is not secured there are always flaws. Maybe what concerns me in crypto is security and also the number of people scamming other people and people getting scammed. Maybe mass awareness is really needed for us to be able to avoid this kind of stuff. If people are aware of what they are doing, scam or fraud might be lessen.
The only fact of existance of a currency should not prove that you would be able to make chargebacks. The only thing that matters is the law in your country and the one who holds your money. So if someone would steal my card and lose all my money then I am sure that bank would make a chargeback because everything regarding cybersecurity is paid by the bank. In case of being involved into a crypto scam there is a 99.9% chance that you won't get any kind of repayment. So just as I said people are not ready to lose this feature. |
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That's one of the main problems of Bitcoin that affects its usability and adoption. The point is that we are used to all those 3rd party services that hold our money, no matter what we can do with our cards but of someone steal is and withdraw our money we would definetely get a chargeback. That's an important feature for many users. Prople just don't want to read tons of books about cyber security in order just to store their savings.
The best way out of this issue is establishing more legit services that guarantee the payback in case they get hacked.
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1. Will they stay at Binance?
2. Will they go to another exchange?
3. if they leave Binance, what exchange will they choose?
I guess that Binance would decide to repay them from their own pocket and most of Binance traders my decide to stay at this exchange. Well, any exchange may be hacked so even if you change your exchange you would still have all chances to get hacked. But at the same time remains the chance that people would decide to leave it. For example poloniex earlier was one of the top exchanges but later they had some issues so later they couldn't bring all traders back. |
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A buzz was struck to the crypto community in India in late April as reports circulated regarding a proposed ban on cryptos. banks cut down the bank accounts who are doing transactions of bitcoins. I think p2p trading in India is the best method to exchange bitcoin in India, there are several p2p trading platforms available in india. What's your take on p2p trading?? let me know!! I'm very sorry to say that but most people here don't give a fuck about India and all things that happen there. People in this section do not live in India and they have no idea what local p2p services do you have. Put stickers with your phone number around streets in your city and wait until someone will call you and decide to sell you some coins. I've just made a best p2p exchange strategy for India that can be used by everyone. |
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Bitileaks is an organization dedicated to exposing proof in the crypto world.
And decided to make a name for themselves just as another well-known website co you could look like a click bate shitposters. Our tip to BSV; dump Craig while you still can!!!
No one have to dump him. He is a retard and an obvious scammer. He would get revealed in court and probably arrested for that. That's it. Now we only have to wait. Any proof that Julian Assange is indeed Satoshi Nakamoto ,
We need a solid proof not just another finger pointing at some person claiming that they know Satoshi Nakamoto.
Julian Assange is indeed Satoshi Nakamoto. BitiLeaks are just getting started! I can't remember how many retarded ideas about who is Satoshi I've already seen in internet: Elon Musk, Barrak Obama, CIS, Putin or Steve Bezos. Now I can add one more name. |
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Here are the quotes of some of his messages. I think he was aware of the deflationary nature problem of scarcity with bitcoin due to which he was of an opinion that it is difficult to use Bitcoin as a mainstream currency with a government.
Yep, it seems like Satoshi knows about the economy more than 95% of this forum users do. None of the world's dominating countries is using deflationsry currency for obvious reason. The only way to use government-issued crypto is to make some stablecoins, just as fiat that we use today. There is no need to use Bitcoin for that and push it to become an international currency. |
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As you can see on the link below, another CEO of the another big advisory firm is saying that Bitcoin is nothing more but a big scam. A couple of years ago similar words said by Morgan Stanley CEO caused a huge amount of FUD that started a big wave of panic selling. But now we may see that those things doesn't really have much influence on crypto market. How do you think, maybe the crypto market will soon become big enough to get resistance to such kinds of FUD? Source: https://www.ccn.com/bitcoin-just-a-shady-ponzi-scheme-rants-goldbug-peter-schiff |
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Dude, I suggest you to read some books on economics. Because frankly speaking most of the users on this section know nothing about economics and keep saying the absolute bullshit. No one can say how economics work and everybody thinks that angry villains in the governments are just printing the money to steal our savings. And all of them think that tomorrow we gonna use the deflationary currency.
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I wonder why a lot of people like to quote the article wrote by/ speech by Warren Buffett. And most of them regard him the king of value investor. Also all the school praise how good he is, and all of us should follow his philosophy. I didn't make a lot of money following his books, and most of the time I found his books contradicting with each other, to be honest I loss a lot of money following his value investing, but once I get into bitcoin, I'm quickly to make a lot of money, and knowing that Warren Buffett do not like bitcoin from bottom of his heart, I don't know why, I think learning from Warren Buffett is a big mistake, and I regret reading his books altogether. And in contrast, I know none of the quote made by Satoshi, because I don't even know what it is behind the white paper, I can barely read them.
You probably have to read this books once againg. His investment strategy is about finding an underpriced assets, buying them and selling for a full price later. So Warren Buffett is buying $1 fo 70 cents. Your problem is that ICO tokens and the entire crypto industry is looking more like a venture investing which contains an increased amount of risk together with a chance to get an increased profit. Warren Buffett is a very skilled guy but he is working with the other type of investing. |
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This "fear and greed index" shows only sentiment and nothing more. This shows only the current situations that doesn't tell us anything about the future price. We can compare the price chart with a trade volume and end up with the same result. I have no idea what for this shitty index can be used. Welcome and trying to prove your pointless analysis.
Look at the chart of the btc price, it didn't follow any Elliott wave, and what do you think your pathetic research can make any sense?
If you don’t like a thread/post then don’t comment. There’s no need to be an asshole & try to ridicule somebody. Peace. If you say some opposite opinion about my bullshit then don't say it because it does't let me to jack off on this bullshit. Classic. |
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Well, that seems like they are possibly buying BTC with some small parts. And then they wait unil people that expect correction would place their sell orders in order to save their profit. And then they would keep buying coins until they get those $40 mln.
But on the other side Binance should probably have such money somewhere in their stash. Just try to calculate their daily profit: take their trading fee % out of their daily volume (ofc if it is not faked).
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