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3501  Bitcoin / Bitcoin Discussion / Re: Why do we need anonymity? on: August 09, 2019, 10:07:18 PM
Quote
I think the solution to a better world is if everything(yes everything, every fart) is on the blocckchain.
Currently, most peoples that live in big cities dont even know their neighbor so you dont even know who is living next to you.


OP wants to know neighbours and be aware of every fart Cheesy I imagine his neighbors don't share his passion.

Do you want everyone to know everything about you? Doesn't this give a lot of rope to hang others on? You know that your neighbour is buying gold so he must be rich and maybe has some gold at home. Now not only you know that but also half of the city.
3502  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin mixers be considered illegal by worldwide governments? on: August 09, 2019, 09:59:40 PM
Governments prefer to regulate the companies that are responsible for changing bitcoin into fiat. Most won't bother with bitcoin mixers when bitcoin isn't used to pay for goods. Yes you can buy stuff online with it but when that happens bitcoin is exchanged by someone somewhere and that person or company is responsible for checking you.

Mixers don't allow you to launder money because bitcoin is not money. Not yet at least. Mixers only make it harder for exchanges to trace the origin but they can not accept your mixed coins if they want to. It's more probable that they will do it in fear of government shutting them down.
3503  Alternate cryptocurrencies / Altcoin Discussion / Re: KYC for Bounty. Why do it? on: August 09, 2019, 09:54:12 PM
Kyc is the best way to stop people doing multiple accounts, there are alot of greedy hunters in crypto space, without kyc hunters will keep flooding bounty spreadsheet with multiple accounts.

You can find out if somebody is abusing the campaign by checking the posts addresses and other things. It's not that hard there are hundreds of exposed cheaters in reputation threads. KYC is not the best way to do it but a lazy way.

You can also cheat KYC with stolen IDs that you can buy online but if you are an honest person you are risking your identity to be revealed in the Internet sold or leaked.
3504  Alternate cryptocurrencies / Altcoin Discussion / Re: Patience is a virtue but how much patience do you have? on: August 09, 2019, 09:45:10 PM
I get the impression that cryptocurrencies and investments were invented in order to test people's patience for strength. Especially if you purchased your assets at the very top of the price.

Every competition was invented for that reason Cheesy When you invest you compete with others because there's not enough for everyone. Not enough fiat money not enough natural resources and stocks even not enough homes.

Some people go bankrupt and some are homeless and you are fighting to get to the top. Without patience and intelligence you will not go far!
3505  Alternate cryptocurrencies / Altcoin Discussion / Re: Useless altcoins must remove from the whole crypto market on: August 09, 2019, 09:35:22 PM
Since many bad projects distract investors from more promising companies that would raise cryptocurrency to a new level of development, this problem is quite serious today.  I believe that the capitalization of the cryptocurrency market due to junk coins has lost a lot of funds that could improve the position of not only the highest rated cryptocurrencies, but also other coins with good indicators.

You are falling victim to a common misunderstanding that people who invest in shitcoin would invest in better ones if there was no shitcoins. You cannot know that and cannot prove it. It's like saying that when you go to the market to buy apples and there are none you buy plums instead just to come back with something. It's more complicated!

Get rid of shitcoins and maybe some of the money will go to other coins but maybe some people will get burned and exit to fiat stocks or something else.
3506  Economy / Exchanges / Re: Binance hacked again 10k+ KYC (FACEBOOK 2.0 LEAKAGE) on: August 09, 2019, 06:47:10 PM
Guys, I’m interested in one question today.  Is it possible that if someone gets access to my passport data, including photos of my documents, then he will be able to access the accounts of the exchanges where I provided my KYC ?  If so, then I should reconsider my views on where they require me to provide KYC.

No. Your KYC information doesn't give anyone access to your accounts. If that was possible your friends and family who know your name, birthday, names of your parents and other things would be able to steal from you.

KYC information is used only because there are money laundering laws and they need to verify that one person is not using 10 or more accounts and that the name used to register is not stolen. They don't use this data to secure the account.
3507  Alternate cryptocurrencies / Altcoin Discussion / Re: How often do you check crypto prices? on: August 09, 2019, 06:36:19 PM
Usually once a day when I wake up and this allows me to set up a plan for the day. If there's big change I spend some time trading or try to read the news to know what's going on and have a strategy for my portfolio. I also have tickers on my phone and they let me know if anything changes.

I never stare at charts for too long. It gives me a headache.
3508  Economy / Gambling discussion / Re: Anyone here have some strategy to gain money, but with low profits daily? on: August 09, 2019, 06:26:32 PM
The only way to get a static income is investment. OP is thinking that he will be able to farm the casino every day and keep winning but it's impossible. You'll keep winning every day 10 dollars a day and one day you'll lose 20 and get yourself back 2 days in schedule.

It's possible to play on a regular basis and keep winning something every month but it will never be a stable income.
3509  Economy / Gambling discussion / Re: The Things That Comes Into Your Mind When Winning... on: August 09, 2019, 06:19:47 PM
I guess it's pleasure, some kind of euphoria even if the win is big or consistent. I feel happy and I'm starting to think of playing more and winning more because it's like narcotics. You feel pleasure and want it to last until you're too tired to stay awake.

That is why people lose so much money and become addicted. The more you win the more you want to continue.
3510  Bitcoin / Bitcoin Discussion / Re: Bitcoin is wasting electricity and are harmful to the environment.. Yea right!!! on: August 08, 2019, 10:25:39 PM
Every good thing had a cost and maybe electricity is the cost for having btc which isn't a bad thing as energy was made to be used

This is a very short but accurate answer. I always say this to people who attack bitcoin saying it's bad for the environment. Electricity is being produced anyway and in most parts of the world there are no shortages.

The rivers won't stop flowing all of a sudden and water dams won't disappear because of some mining farms. They were there before Bitcoin and they will be there if miners go bankrupt. Stop mining and all this electricity will go to waste.
3511  Bitcoin / Bitcoin Discussion / Re: Earning bitcoin is hard but i still keep fighting on: August 08, 2019, 10:19:27 PM
Quote
I always woke up having 20 posts deleted almost everyday and all the comments ive posted removed because of off-topic reasons.

If you are getting 20 posts deleted every day there must be something really wrong with you. I don't even write 10 posts a day and maybe 1 or 2 deletions per week and you get 20 a day?  Shocked How much are you writing? If you aren't getting into campaigns it's not because only high merited people do or because of your rank. It's because of the spam and off-topic shit!
3512  Bitcoin / Bitcoin Discussion / Re: Croatian post office now offer crypto exchange on: August 08, 2019, 10:13:48 PM
I would prefer if they allowed to pay your bills in crypto without exchanging but I appreciate the effort Smiley

It's interesting that they are also accepting altcoins. They had to do some research before adding this option which means crypto education for employees. Maybe it will spread to other offices.
3513  Bitcoin / Bitcoin Discussion / Re: How many people or percentage has held at least 50 or 100 btc at one point? on: August 07, 2019, 12:21:40 AM
I met someone who held a lot of bitcoins at one time. He was buying mining equipment as a hobby in 2013 and you had to have at least 20 bitcoins to buy anything because the price was so low below 100 dollars a coin. People didn't see it as low to them it was high because bitcoin kept rising.

Many people had that much because you could invest the value of a new laptop into this thing and get close to 20 so holding 50 or 100 wasn't a big deal. If they only knew Wink
3514  Bitcoin / Bitcoin Discussion / Re: Only a Crime Tool on: August 07, 2019, 12:08:48 AM
There are different transaction going on with cryptocurrency, good and bad but we all focused on the good part of it as an asset. We can't neglect the fact bitcoin has been used as crime tool for payment. No currency that hasn't been used as such before, so its not the first or will it be the last. So we all accept the fact

What is a bad transaction for you can be a good one for someone else. In a country where gambling is illegal such transactions are bad but in other regions they are good. You can't know for sure which transaction is good and which is bad. For a drug addict buying drugs is a good transactions and for the police it is bad. We shouldn't judge!
3515  Bitcoin / Bitcoin Discussion / Re: Does anyone else get crazy high anxiety when they transfer btc between wallets? on: August 06, 2019, 11:51:49 PM
You get this anxiety because you don't trust the system. Do you also get the same anxiety when you send fiat money to someone? It's natural to be frightened especially when sending a lot of money but you should feel the same with fiat and crypto.

I feel a a little bit of it but not because it is cryptocurrency but because it's something I've worked for and I don't want to lose it.
3516  Alternate cryptocurrencies / Altcoin Discussion / Re: why did you choose altcoin? on: August 04, 2019, 08:37:31 PM
why did you choose altcoin?

in my opinion like this.
because altcoin is an alternative coin other than bitcoin, other than that the price is cheap and can be affordable by anyone. In this cryptoqurrency market there are many altcoins, but not all of them have great potential for future investment.
and what we need to consider is how the team develops their project, if the team can develop the project well or according to the road map they tend to produce good results too.
and altcoin are potential, usually they have big users, their trading volume is always increasing and has also been registered in the crypto or CoinMarcetcap market.

what about your views?

THis is a very simple and childish reasoning because every profit from every investment relies on percents. You invest 100 dollars a coin goes up 10% you gain 10 dollars. It doesn't matter if the coin is cheap or expensive as long as you can buy a fraction for your 100 dollars.

Whatever happens you will still earn 10% and you can put that into bitcoin worth 10 thousand per coin or some shitcoin worth 1 dollar per coin. Going altcoins because the cost of 1 coin is low is stupid.
3517  Economy / Speculation / Re: Bitcoin Price Could Surpass $15,000 This Week: Max Keiser on: August 04, 2019, 08:21:08 PM
Max was always too bullish for his own sake. In May 2018 he predicted 28 thousand dollar bitcoin and we all know how it went down. Now he's talking about 100 thousand but his predictions rely on the dollar crashing and no longer being a world reserve currency. If you believe in a dollar crashing soon you can also believe in Keiser's price prediction.
3518  Economy / Gambling discussion / Re: Will you buy lottery online in bitcoin payment? on: August 04, 2019, 07:39:57 PM
No doubt lotteries are cheap but how many times you have or your friends have won the lottery ?
Its like giving 5$ to someone and getting nothing in return.  I would rather prefer to play dice than to risk on lottery.

You're right this isn't the best way to spend money but it offers a similar risk-reward ratio to dice or most other games. A 5 dollar ticket gives you a low chance to win a million but a dice game gives you high chance to win another 5 dollars. If you look at it from a perspective it's all the same especially when you lose your five on a 50% dice roll.
3519  Economy / Gambling discussion / Re: Will you buy lottery online in bitcoin payment? on: August 04, 2019, 12:29:15 AM
For now, I think it is not better to buy lottery online with bitcoin because the bitcoin price is moving to a higher rate. Besides that, you can waste your bitcoin for something that needs the luck to win the money. It is better to hold your bitcoin for a while to see how much bitcoin price will increase so you can make a profit in fiat. But that will be up to you because only you that will know what is best for yourself and I hope you can think what the advantage and the disadvantage for yourself is. And don't regret if somehow you cannot win the lottery because that game will need the luck to win.

Lottery tickets are so cheap that this little money spent won't impact your investment portfolio. What does it matter if you spend $5 on a ticket or gamble it away? If bitcoin jumps by 100% to the previous ATH you will only earn $5 on this investment.

Gambling big is risky but lotteries are popular because they are cheap and offer high reward with low probability of success. I would buy a ticket because why not?
3520  Bitcoin / Bitcoin Discussion / Re: Would you be mad if satoshi sold all coins they own right now? on: August 03, 2019, 11:58:43 PM
I would be a little scared if the founder of Bitcoin sold everything at once without living himself anything. To me that would be a sign that somebody hacked his address somehow and it is not the real Satoshi selling.

If you were Satoshi and had access to all his coins would you sell everything at once and crash the price when you could get more profit by selling slow?
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