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3221  Economy / Services / Re: [OPEN] OWNR Wallet Signature Campaign | Sr Members+ | Up to $50/Week on: July 30, 2021, 04:14:04 PM
Hello @sujonali1819I have been ranked-up to hero member, hope to update my rank in your spreadsheet. thanks
3222  Economy / Economics / Re: Will some companies like Amazon really 'store' Bitcoins? on: July 29, 2021, 02:50:15 PM
the adoption of Bitcoin will affect stocks, something that Amazon does not currently like because its star is still shining.
Bitcoin prediction will only happen through companies that believe in this idea or have a problem with keeping large amounts of cash, and not companies that consume a lot of cash daily.

Amazon will at some point be hurt to accept bitcoin indirectly driven by shipping companies.
3223  Alternate cryptocurrencies / Altcoin Discussion / Re: Why you shouldn't think about a profitable investment. on: July 29, 2021, 02:41:27 PM
Any currency that offers nothing but false promises to investors of quick profit in the short term, its actual value is zero.
Sheba is the reason why so many coins are in such huge numbers, but let's say it's true, developers will get 7% really rich. It is equal to 38888888888 which is a very huge amount no matter how small the coin is.
3224  Other / Beginners & Help / Re: [Guide] Best Way/Timing to Purchase any Coin on: July 29, 2021, 02:32:24 PM
DAC is a purification for those who do not want to get tired of analyzing the price.
adding any model to it will not make matters worse, but it does not mean that you will always achieve short-term gains.
It is wrong to calculate a long-term method and then take a short-term calculation and compare the results and say that it is logical, but it is better than buying at random or at regular times.

I will look for more details on this method.
3225  Bitcoin / Bitcoin Discussion / Re: Game with hidden Bitcoin on: July 27, 2021, 08:01:44 PM
A creative way to promote the game while adding a little fun to the users, the problem is that the public key is not published publicly so that we can see who won the contest.
I will try my luck and play and it is nice to see that he will accept Bitcoin for the game which might generate a good amount of money.
I didn't see in the promo that he accepts Bitcoin payments.
3226  Bitcoin / Legal / Re: REuters: EU Tighten Rules for Crypto Asset Transfers on: July 27, 2021, 07:38:20 PM
So this basically means now the adoption of bitcoin will actually become the reason for its easy user traceability. If any big website like Amazon starts to accept bitcoin as a mode of payment and people decide to use bitcoin for their payments we basically are providing an identity for the government to tether with that bitcoin address for lifetime. Any incoming or outgoing transaction on that address would be considered as your Income and Expenditure. In a way it's good as dirty money could be curbed and it would be easier to accept such a thing but really hampers the reason why most people use Bitcoin in the first place.
Bitcoin anonymization methods will evolve and it will become difficult to trace all transactions with it. It is impossible to reach an absolute level of privacy because Bitcoin was not designed for that and therefore everyone who wants privacy will move to other currencies such as Monero or any better model.

It wouldn't be difficult for governments to track Bitcoin if they wanted to.
3227  Economy / Exchanges / Re: Binance decreased withdrawal limits for basic verified users. on: July 27, 2021, 07:34:10 PM
This is still a good amount considering the current prices, which the price could reach in the coming months.
It is good that they gave a warning before adjusting the price.
It seems that free trading without identity verification will become more difficult every day.
3228  Economy / Speculation / Re: Bitcoin Stock to Flow Multiple Chart (Price / S2F Price) on: July 27, 2021, 07:06:36 PM
Stock-to-Flow Multiple (463d)
2021-07-26, 23:59 UTC

ln(actual / model)

Actual price: $37,444.78
Model price: $92,818.94
S2F multiple: -0.91


Source: https://twitter.com/s2fmultiple/status/1419881554990542895

We are still under evaluation. The model predicts a price of about $90,000, we are less than $40,000.

The price may increase significantly in the coming days, but it seems that the price is still able to maintain this pattern.


What's worrying about this trend is that it has never gone outside the light blue bands at the lower end, only the upper end when it peaks. It the price does dip again it will be the first time on record (excluding the beginning) that it has dropped so low based on this model.
Don't be afraid, see the update.
3229  Economy / Exchanges / Re: Buying BTC from KYC exchange on: July 25, 2021, 08:09:17 AM
Up until now, I thought the only way to convert fiat to BTC is through KYC exchanges. It seems like there are alternatives such as Bysk. Did I shoot myself in the foot by purchasing through KYC exchanges? 

When you buy from platforms, you buy from central authorities that have a license to buy and sell bitcoin, and according to the laws of combating terrorism and money laundering, we must provide data based on the amount of money you want to transfer, many countries require verification of identity and residential address for transactions from 5 thousand dollars, but they differ according to Country.

When you buy from dexs, you buy from individuals, and all the platform does is provide a guarantee that you will not be scammed.
3230  Alternate cryptocurrencies / Altcoin Discussion / Re: THE BULL RIDE OF 2021 on: July 25, 2021, 07:31:52 AM
Giving dream-based promises is something that won't come true. It's like we've seen how Tesla stock has gone up 1,000%. Invest in our electric car company and the stock might go up by the same percentage.

If the lights are switched to NFT , there is no guarantee that your AXIS token will rise, and even if it does rise, there is no guarantee that it will rise by that percentage and sell at the right time.
We should not forget that we are at the end of the bull market, with only a few months left for the markets to return to their normal state.
3231  Bitcoin / Electrum / Re: Electrum 4.1.5 with New Feature Slip39 Seed on: July 25, 2021, 07:25:08 AM
Does this mean that it is possible to create a Slip39 wallet or only import it?
This option is very useful with the increase of ordinary individuals who use Bitcoin and the method of memorizing them, which is often by dividing the twelve words into two or three parts and hoping that they are all safe.

I'm still using electrum-4.0.9 but that would give me a good reason to update it.
3232  Other / Beginners & Help / Re: Have you used a software of cross chain ? on: July 25, 2021, 07:02:12 AM
I heard that there is software for cross chain transfer. Have you used it before?
Most of these applications have a beautiful interface for conversion, but what happens is that APIs is communicating with each other to complete the conversion. That is, they are using central platforms at some point..
Fees are lower for small transactions but you should trust them.


There is no reason for you to use a central currency on an unpopular chain. I advise you to stop using it and try to use USDT TRC because it is supported by almost all platforms and the fees are low.
3233  Other / Beginners & Help / Re: I'm curious about our Trust Score! on: July 25, 2021, 06:48:58 AM
Trust score changes according to how you look at it, so you can adjust (Customized Trust List) trust as you like, but this change will be from your point of view.
The forum is based on DT1 and DT2 trust, who are the people that the manager chooses monthly and who are on their trust list. You can change them and you can contribute to the selection of members by voting for them.

Trust is not a measure or an obstacle to posting, but it affects the forum trading/marketplace sections and joining signature campaigns.
3234  Other / Meta / Re: How does evil fee makes sense? on: July 25, 2021, 06:38:52 AM
Why did the complaint escalate recently, even though the percentage of those who use the site is not increasing? The problem will increase by the end of the year if the price of Bitcoin increases.
The problem lies in using VPN, which often gets a ban, but using a clean real ISPs IP will not lead to bans in most cases. Most beginners do not use Tor.

On the other hand, solving problems with fees isn't perfect.
3235  Economy / Speculation / Bitcoin Stock to Flow Multiple Chart (Price / S2F Price)| blue again on: July 25, 2021, 05:58:08 AM
I did not find a dedicated topic that is updated periodically about S2F Price, I decided to create this topic and will update it every 3 days to avoid spam.
Local rule: All discussions are related to charts only.

Stock-to-Flow Multiple (463d)
2021-07-24, 23:59 UTC

ln(actual / model)

Actual price: $34,166.91
Model price: $91,588.35
S2F multiple: -0.99


Sources: https://twitter.com/s2fmultiple/status/1419156779045433351

about Stock-to-Flow & discussion:

Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity

3236  Bitcoin / Legal / Re: Will the IRS deem Bitcoin a currency if more companies accept it? on: July 25, 2021, 05:36:47 AM
I don't know though if this will happen sooner or rather later. El Salvador (and others to come) should also leave FED/IRS out of possible schemes that deprives crypto from it rightful place in the economy.
the increased demand from many people will force them to adopt more legislation and move forward, the first of which will be the acceptance of ETF and then we may see a change in the tax mood but I do not expect it to be recognized as a currency.

There is no way they that they do not make it a currency when and not if when more companies are accepting it. At the moment there is not many mainstream companies accepting it but that will change when the adoption and demand for Bitcoin goes higher.
The change will not be more than a tax change because every bitcoin transaction will be subject to tax and therefore accepting bitcoin will not bring any gains to companies.


I think Fed won't do this because it would become one additional trouble for them because then they would need to scrutinize every bitcoin transaction like any other forex transaction which is certainly impossible. I think until there is pressure from the Government to regulate the cryptocurrency market altogether, IRS or even FED on a standalone basis really won't do this.
So who can modify the tax procedures?
Like you, I do not expect Bitcoin to be accepted as a currency, but we see more people who want to buy and therefore the tax system must be modified to make profits for them.
3237  Economy / Service Discussion / Re: do you believe on signals? on: July 24, 2021, 01:03:09 PM
Following the signals is like waiting for all the lines to be green before starting the journey. signals are predictions of the future and no one knows what will happen. They sell delusion to people and are not obligated to guarantee losses.
I can trust the signals if it includes compensation, if the price does not rise, and if the price rises, the claimant will receive a part of the profits of 25% or more.

If the question is faith, then it is a soft scam by giving illusory dreams and stealing money in exchange for them.
If the question is about investment, when you ask these people to do a small challenge, if the predictions are true you get 50% of the profits and if you fail you pay 50% of the losses, they will not agree.
3238  Local / Türkçe (Turkish) / Re: Kripto Para Piyasasında Boğa ve Ayı Döneminde İnsanların Tuhaf Duyguları on: July 24, 2021, 12:59:21 PM
Bence hatanın temelinde yatırımları çeşitlendirme fikrini kabul edememek yatıyor.
Bitcoin tüm sorunların çözümü değildir, ancak birçok varlığın yapamayacağı çözümler sunar.
Kağıt para kaçınılmaz olarak değerini kaybeder ve bu sabittir. Birçok yatırıma yatırım yapın ve alternatif planlar yapın çünkü paranın değerini kaybetmek değiştiremeyeceğiniz bir şeydir.
Altın değerini korur ve artırmaz.
3239  Other / Archival / Archival on: July 24, 2021, 08:33:25 AM
Archival
3240  Bitcoin / Legal / Re: Swedish man sentenced for 15 years for gold-backed cryptocurrency scam on: July 24, 2021, 08:20:14 AM
Money laundering laws in my country are more strict, but I did not follow the details of the case to judge it.
I am surprised by the mechanism of refunding money. Shouldn't it include compensation for all victims? I don't think he will leave much money in the form of assets, so selling them may not generate $16 million.

It would have been better if the sentence was 15 years with the full payments being paid.
being in prison is a warning to those who want to achieve quick profit by fraud, you may enjoy free money now, but it will all end in prison.
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