I don't know how the authorities would be able to track the transactions of a privacy coin and catch the people, who are transacting.
They cannot forbid anyone from doing a private transaction, it is impossible to prevent it. What they can do is to forbid all CEXs to list such coins and thus prevent as many potential users as possible from getting possession of them. With such measures, they certainly want to reduce the share of such transactions and direct as many users as possible to use those cryptocurrencies that can be monitored. Of course, this should not be interpreted as a friendly attitude towards Bitcoin, because everything that is not under the direct control of the ECB is not acceptable and will not be encouraged by legislators and politicians.
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Hate to be a downer but I'd wait till the weekend to see if it can hold this level for an entire week first. Nice surprise, of course, as I thought we were headed down farther but this is the resistance line currently and it's got to close more convincingly.
Apart from the fact that the OP is trying to promote his website in a bad way or is a paid shill, topics like this are almost completely meaningless because they do not provide any important information, but offer us the cheapest speculations. Now that the price has exceeded $17k, should we expect a new thread in which the key figure will be 18?
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Someone may call me old-fashioned, but the only password manager I used was the one in the browser, but I gave it up because I simply don't believe that such sensitive information should be accessible to hackers - and as we can see, it happens all the time. Paper and multiple copies of passwords are still much safer for me, with of course the constant vigilance of not infecting the computer with a keylogger or becoming a victim of phishing.
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- If I decide to do KYC on all the exchanges and gambling sites, that is freedom
- If I decide to leave my coins on exchanges, that is my choice, and it is called freedom
- If I decide to share my private key with everyone I know, that is freedom
- If I decide to use and reuse one particular address for all my transactions, that is freedom
You can call it "freedom" and I have nothing against you living that way, but all that you mentioned does not only cause possible problems for you, it is also the reason why catastrophic things like Mt.Gox, Quadriga, Luna or FTX happen to us, along with dozens or hundreds of smaller ones that were not globally exposed. It's not a matter of following the principles blindly and 100%, but of respecting some basic things - that has nothing to do with the freedom you're talking about. My point is, no one should detect for anyone how to enjoy the freedom. You can only advice or teach, stop seeing people using exchanges or doing kyc as anti bitcoin.
Bitcoin was conceived as a decentralized cryptocurrency, and anyone who uses centralized ways of storing it is somehow wrong - millions of BTC are currently in such storage and it is simply anti-Bitcoin. When the next big scandal breaks out, then call on "freedom" again, and don't ask why the new crash happened.
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@fennic, Alt accounts on the forum are not prohibited, but from the style of writing, it seems to me that the OP is your alt account, and in addition, sharing merits between alt accounts is not something that is looked upon in good faith. If anyone wonders why I concluded that it is about alt accounts - the style of writing random words with a capital letter is more than evident + a fast reply in 3 minutes.
December was not always a good month for Bitcoin, some just believe that there is a Santa Claus and that he will bring them an unexpected gift in the form of a big bull run - something like that this year is astronomically far from reality.
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I think more people should do a study on the reason why the adoption is so low, because we have to pinpoint where the problem is.
Do we need research for that? The reason is simple, most of those who own Bitcoin or an altcoin own it as an investment and do not want (or do not know how) to use it as a currency. I personally know several dozen people who own cryptocurrencies, and I have never heard from any of them that they have paid anything with them - regardless of the fact that we have a lot of options where we can do it.
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If you are been told in November of 2021 that Luna will go to zero will you believe it? If you are been told in November of 2021 that FTX will go bankrupt and others like 3AC, Genesis and Voyager will be on the list too will you believe it?
Bad projects led by incompetent people with hidden bad intentions will always fail, it's just a matter of time. Not only was it realistic that what you are talking about would fail, but a lot of other things that many believe in today would also fail. In any case, good for you if you decided not to trust centralized projects anymore, because it means that you finally understood why Bitcoin exists.
The users of Mt. Gox or Cryptopia also didn't believe anything could go wrong, but one morning they woke up to a nightmare. And those investors are still waiting for reimbursements. All centralized crypto exchanges are dangerous, and it's just a matter of time before the next one crashes, gets hacked, or exit scams.
Or maybe the Quadriga exchange, which few people mention these days, regardless of the fact that it still smells like a classic exit scam. Obviously, no one wants to remember their failures, but people who don't learn from the past are doomed to have even worse things happen to them in the future.
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As much as some talk about positive things (which are actually far from it), I think that by the end of the year you shouldn't expect anything more than max $20k in the best case, and if we hit a new bottom (which is not impossible), send a holiday card to those who started this whole shit show (Kwon&Bankman).
I saw this today which could indicate bull run later on, but I do not know if it would be in December, but people are accumulating is all I guess and that December will not be bearish, not just because of the report, but I am sentimental about it and because the bear period has been long enough and not knowing what could hallen again like FTX that could further sinking the price down.
No matter how hard you try to find news that should mean the end of the bear market, you forget that recovery cannot start by itself or at a time when people are struggling with inflation and have additional costs caused by the fact that they have to pay for heating. I don't want to diminish anyone's contributions, but the richest markets are in the Northern Hemisphere, and it's not the best situation there in terms of people investing in anything, let alone Bitcoin.
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Is there a difference between Payment Method and a legal tender?
It is extremely frivolous to comment on something without reading what exactly it is about - is it so difficult to click on a link or do you consider it a waste of time? While this represents a huge step forward for cryptocurrency adoption, the bill falls short of making Bitcoin legal tender. For all those who relate this news in any way to El Salvador, don't be too excited - Brazil has not declared Bitcoin to be legal tender. How much this kind of law will help people in Brazil remains to be seen, and we will be able to see that only when it is officially approved by the new president next year.
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This has made me think that Satoshi is a Russian. I said so because I am a Nigerian. If I am able to develop something like because, I will bring my people in to take early spot and they will also support me when necessary.
If Nigerians one day become dominant on the forum, will that mean that Satoshi is perhaps from Nigeria? Such pointless discussions lead nowhere, because the real name and nationality of the person behind the pseudonym Satoshi Nakamoto is completely irrelevant. Satoshi didn't invent Bitcoin just for Russians or Nigerians or anyone else in particular, and that's why he decided to remain anonymous. Perhaps Satoshi was an alien whose spaceship crashed on Earth, and while repairing his spaceship he invented Bitcoin along the way - and is gone because he returned to his home planet in the constellation Taurus ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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I recommended online wallets for those just starting crypto currency. Cold wallets are really expensive. An external storage source costs almost 300-350 dollars as of now.
I know that there are hardware wallets that cost even $2000, but their price does not come from the fact that they are superior in providing security or some extra features, but rather that they are made of special materials such as titanium. In addition, today anyone can buy a fully functional hardware wallet for less than $100, or turn an old computer into cold storage practically for free. To some extent, I understand the logic that goes in the direction that online wallets are a very easy way of storage, and they are also free - and maybe in some way they provide greater security in the sense that the user does not download a fake desktop/mobile wallet - even though phishing is not something that should be completely ignored. Simply put, if you don't know what you're doing, it's not a question of whether you'll run into a fake wallet, phishing link or clipboard malware first, it's just a matter of time when it will happen.
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I was not talking about individuals but sportsbook and casinos.
You misunderstood me, I was referring to the OP and the reason he opened this topic, for him personally that amount is a lot of money. We have to understand that because some of the members of this forum come from countries where such an amount is a small fortune.
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~snip~ Stay strong guys , Bottom is near , many "panic" traders already sold their assets at a loss , soon there will be no coins to sell ahaha , only buying opportunities
I guess you've seen a lot since 2013 on this forum, so we can say that advice from old members has a certain weight. However, I would still leave speculations about the absolute bottom in the speculation zone, because it is difficult to say what awaits us in the coming months, and some persistently call for another big crash. Considering that many CEX these days announce how much BTC their companies have in their wallets, all these millions are hanging over our necks - because they are not there just because their owners are convinced that it is a safe place, but they are ready to sell them if the opportunity arises. In the long term, we all expect a new ATH to happen, but we will have to be patient for that - Santa Claus brings some less valuable gifts this year ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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The Rate of bitcoin adoption will increase 50% above it present percentage in the coming year, I know from second quarter of 2023 there will be an increase in demand for information technology, and a lot of software developers will be working from home...
I don't think anyone can say with certainty that it will be 50% or only 10%, but it's a bit frivolous to say that it will happen next year for the reason that many developers will work from home as if they haven't been doing it for the past 2-3 years for obvious reasons. Adaptation will undoubtedly continue, but the fact is that everything slows down a bit when we are in a bear market, and as things stand now, it is possible that it will continue through most of the next year. As I have already written several times, the biggest problem is that the majority invest in Bitcoin exclusively for the sake of profit, and only a small part uses it as a currency.
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It's peanut for Casino and sportsbook. A large casino should have millions of dollars of bankrolls.
For some, $7000 is obviously a lot of money, so some are surprised that certain companies spend so much on advertising on this forum. Personally, I wouldn't be surprised if I found out that their direct income from advertising on this forum exceeds their investment many times over - because only one passionate player with a slightly bigger wallet is enough to pay for the campaign for the whole week, or maybe even for the whole month. As long as there is interest in advertising, we should not doubt that it is profitable for all those who do it, and this means that there is a significant number of active members and guests who regularly browse the forum.
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One way I usually do after I use my PC is to securely save my wallets in my portable hdd and usb since I have no hardware wallets at the moment after I lost it a year ago, this is one of the best way to keep your crypto files from hackers or whatever links that steals your data in your PC, just erase all your saved wallets in your storage that use to connect to internet and your safe.
It is true that such files are safer if you store them offline, but at some point you will use them again on your computer that has access to the internet, right? In that case, you should still be extremely careful in terms of which websites you visit and what files you download - because the malware will not leave your computer if it finds nothing, but will wait until you make a wrong move. Lost your HW? So how can this happen if we know that such a device should be stored in a special way, it is not something that you carry in your pocket like a wallet or keys.
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I wonder how other exchanges are going to handle the fact that not only can coins start being seized, but apparently they can't even monitor for chain splits if this happens. Surely delisting has to happen soon?
How many serious CEXs are there that still have Faketoshi altcoin listed? We know that for some of the famous CEX CEO logic is not the strongest virtue, but why do they still support such a project? Maybe they think that Faketoshi will not sue them like he is doing to others these days...
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For the buyers, I always assume it has to do with taxes. "Proving" you owned Bitcoins a long time ago, and your current riches really came from capital gains and not crime. Or just bragging rights, but it seems like cheating if you bought the empty address.
That part about taxes is not very logical to me, unless the tax office is very inexperienced and naive to believe such a story. If I sign a message from a BTC address that is, say, from 2012 and show it as proof to my tax office, if someone there is intelligent, they will look for a history of transactions that will connect the sold BTC with that address - or they will ask me to transfer part of the funds to that address. That would not be very smart, because those who sell such old private keys surely try to sell the same key more than once, which can put the owners in very unpleasant situations.
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Here is a chart from Eurostat, an official website of the European Union. It shows between 25% to 40% increase in excess mortality (it is an epidemiology term which simply means deaths that are not normal) in December and January. In other words the speculation by the Economist is not a new event. It happens every year:
Especially in the last 2-3 years, when a certain number of people died from the corona virus, and in the years before that, those two months were always the time when many people died as a result of the flu. Unfortunately, the EU has a lot of homeless people, and according to data from 2020, that number amounts to around 700 000, which is a truly devastating number, regardless of the fact that it is not much in terms of percentage considering almost 500 million inhabitants. That's true, by shutting down lots of industries that used energy some European countries have managed to barely cover the energy needs for home users. But that is irrelevant here because if you read the article the main reason is high price not shortage, for families who are already suffering from high inflation and decreased income.
Many countries help their citizens by paying part of their electricity bills, so Germany has invested as much as 200 billion Euros for this purpose, and many other countries are doing similar things. Not everything is as black and hopeless as you can read in the media - we who live in the EU know best what is actually happening. Sadly that is what all invaders do. In fact it is surprising it took Russians this long to start focusing on infrastructure considering others do it from day one. For example one of the first three main targets NATO barbarians hit on the day they invaded Iraq were farms, water treatment plants and power plants.
I am not saying that there is no similarity with what the Americans did in Iraq or Afghanistan, but they eventually left - while the Russians are carrying out ethnic cleansing with the intention of settling Russians there, and permanently occupying something that is not theirs. I felt this genocidal barbarism on my skin 30 years ago when the Serbs brutally attacked my country and literally slaughtered thousands of people and burned and destroyed everything they could not loot. Russians do identical things, even their agenda is the same as if they copied it from their Serbian brothers.
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I just noticed that people were selling their bitcointalk account here And I am wondering how much mine would be worth It is almost 10 years old ! You should know that it is not forbidden to sell BTT accounts, but that such activities are not something that is approved by a good part of the users of this forum. Just by asking a question like this, someone can tag your account, and also if we notice any strange activity on it, we can assume that it has changed owners. Right now I'd say your account is worth nothing, although there are those who are always willing to pay any price that seems favorable to them at that moment. My advice, don't sell.
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