I wondered how long the talk token thing was going to last. I'm surprised they continued with it as long as they did. I'm also surprised they've decided to keep flogging their dead horse. This'll get an uptick, but it'll be an uptick of the same old shit. Nothing's going to change. I still don't understand their aims or purpose.

OP should change his name to Hard Schiff. He wants to insert his Schiff 14 inches deep inside each and every one of us. And then maybe a little fart only he knows about'll come out the end for own his gratification.

https://www.theguardian.com/commentisfree/2020/sep/08/robot-wrote-this-article-gpt-3

A GPT-3-written article here. It's boring and repetitive. I would've run out of attention pretty rapidly. More relevant, this was collated from several articles it created and fed the opening paragraph so it looks like it still has a way to go.

Anything can create a sentence that reads like one. A narrative linking them is the harder bit.

All the same it's higher quality than most of the posts on here, but they may already be bots.

Yes. Btc to altcoin is a taxable event too.it's classed as a disposal just like a sale into fiat. I'm sure many a trader didn't know that and ran up a vast potential bill. They'll likely get away with it but in future much less so.

Taxes are a fact of life and I'm fine with it provided they're reasonable enough. More than doubling is not reasonable.

https://www.europe-consommateurs.eu/fileadmin/user_upload/eu-consommateurs/PDFs/PDF_EN/Limit_for_cash_payments_in_EU.pdf

It varies wildly between countries. And even if you do manage to buy a Southfork style ranch with cash in the middle of suburban Paris you're still likely to have a small problem explaining the origin of the cash.

In this day and age a large amount of cash is a flat out liability in many places. Bizarre that it's come to this but if someone offered me tens or hundreds of thousands of Euros in cash I'd likely refuse it. There's only so much shopping and car filling I can do.

Holy sheeyit, you're totally right. There are definitely too many hairless crackers in this space to keep abreast of. At least this appointment has a tad more credibility than the one I originally thought. Silly me.

He's one of the original founders and runs it too which means he has a hand in all of their gaffes, or at least the buck stopped at his hand.

It's a lovely idea. We all know that's not going to happen. Even people who've been here since double digit bitcoins have freaked out and blown it. Most people simply are not built to be successful traders no matter what they do. That's how it is and how it'll always be.

That's different from holders. I know enough to know that I'm shit at trading and shouldn't go anywhere near it. Some have to lose a lot before figuring that out.

One would hope so. I will believe it when I see it. Most people want a hand to hold and big daddy to abuse them.

Some day a properly slick one will turn up but even then I wonder how many will take it up.

It depends on what your final aim is.

If all you want to do is break the link between a known address of yours and your new one for general peace of mind then it's good enough if you're not bothered about them knowing about you.

Using a service like a gambling site or exchange to obfuscate your coins certainly won't give you proper anonymity even if you haven't handed over details. They'll know the origin and destination of your coins plus your internet details so that one choke point will have a complete route for everything.

For me that's enough most of the time as I don't want just anyone freely following my coinage. If I was serious about keeping under the radar it definitely wouldn't be good enough.

There'll be a point where you can't eschew KYC unless you're suicidal. There may always be non KYC exchanges but they'll become shittier and shittier as time goes by and the volume and security won't be there.

It's probably going to result in more noobs than ever being ravaged as the nefarious identify that as an area to exploit.

Another factor is that many people in this market won't have any experience of any other type of trading and will never have traded before. We see screechy kiddies whipping themselves up into a whirlwind of hysteria and blowing it here every single day. The proper pros know they're easy pickings so they keep fleecing them over and over again.

It's not like this scene is overflowing with balanced adults.

Supply, Demand. And both are much more fast moving than conventional markets. It trades 24/7 worldwide. It is also a very thin market, there may not be many buy or sell orders maintaining that price and it doesn't take much to demolish them. Traditional markets are like supertankers, slow and sluggish and deep. Crypto is like a fly in the wind in comparison. It's far more vulnerable to being blown about by a modest breeze.

Are you new to all forms of trading?

If you are then you should be concentrating on the psychology of it, namely your own, and that's not crypto specific. There'll be much more legit and experienced sources to learn about that and I wouldn't bother looking deep into this one area without doing that first.

Why not ask in the topic itself? You're likely to get a much better answer than Google and learn faster too. There'll probably be plenty of other people reading looking for some sort of explanation too but too shy to ask including senior members. There's plenty I don't know about.

A lot of recent members seem to have this thing about only feeling they can contribute when they've finally developed deep seated knowledge. If it was nothing but world authorities quacking at each other that would make for a massively boring forum.

This forum isn't some glowing palace on the horizon forever beyond one's reach. The point is to participate no matter what your level is.

Saw this. I don't get it. If you're a miner you could easily get rid of everything OTC. Your 'virgin' coins will be highly sought by people who are turned on by that type of thing and they ain't making all that many these days. Maybe these are all small fry.

Just goes to show failing upwards is a thing in cryptoland too. No idea who Mr Rajaram is, but Andreessen could've kicked Coinbase's arse if he'd made some competent moves.

Circle has been a whirlpool of fail. They threw in their BTC retailing shortly before things went mad in 2017. They paid 400 mil for Poloniex, did nothing to it other than making their customers pay for a margin call and then let it go to a penis for peanuts. I presume their OTC did well but that's been sold to Kraken just before big bucks arrive en masse.

Maybe their stablecoin will do something but I'd pay him not to be on my board.

Well, I think he was more interested in making the right haiku rather than a point.

I personally couldn't give a shit if merit was gone from there and most of it is totally frivolous but there is also high quality content which would be deserving of plenty of merit regardless of where it's posted.

Like I said it's your inference that WO folks are somehow the embodiment of evil short cutting that hasn't gone down well.

I think what has irritated people is that you somehow think WO people are 'cheating' whereas they themselves don't regard it as a contest or struggle. The merit stuff is a fun and useful addition that they make liberal use of for their own amusement, not the be all and end all.

If it was gone the conversation would continue in the exact same way. The conversation would be the same if it had never existed, but there would be no asshole no marks making an occasional appearance fishing for merit.

Some lower ranked members constantly have one eye on upping their merit score and it makes them come over as stiff, and then there are those who spend their lives whining about why their score isn't higher. If you jettison that and just get on with enjoying and learning then it arrives naturally.