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3521  Economy / Scam Accusations / Re: I have been scammed 0.20 btc, what can I do? on: February 10, 2021, 06:26:37 AM
Well that, yesterday they scammed me 0.20 btc in binance

A guy by telegram gave me proof hours before the coin that was going to be pumped, which was VIB, which was the admin of BIG PUMP SIGNAL, and I paid him 0.20 btc for the information, and today he has blocked me.


I only have his Btc wallet number and his telegram nothing else.

can I do something reporting it to the police?

Will binance help me identify that person after I have sent the money?

thanks

From what I read,I come to the conclusion that you are NOT scammed by Binance.You are scammed by a random guy in a Telegram group.Binance has nothing to do with this scam.
Paying 0.2 BTC for information?I'm like WTF?!?Who the hell pays 0.2 BTC for some information,that can be false?
You can call the police if you want,but I really doubt that they can help you.
You could post the scammers BTC address here,so we can put in a blacklist,that contains all BTC wallet addresses used by scammers.
3522  Economy / Economics / Re: What are the potential side effects of corporations selling fake crypto? on: February 09, 2021, 12:19:01 PM
PayPal has started selling "crypto" but they don't let you withdraw. Hence, if you think about it, they could easily only literally sell numbers on a screen rather than a math-backed, miner-verified real cryptocurrency.

I was wondering what could happen from an economical point of view if they (or any other corporation) did this and suddenly wanted to manipulate markets using false coins. What could PayPal do to BTC?

The corporations will give the "average Joe" what he wants.He wants profits.He doesn't care about blockchain technology,crypto mining,etc.If he wants numbers on a screen and the illusion of making more money,the big corporations are going to give him this illusion.
Selling fake coins is as illegal as selling counterfeit money or fake goods.The authorities will have to step up,when such crime happens.
Selling shitcoins/tokens,created by those corporations should be strictly regulated by the SEC.
3523  Bitcoin / Bitcoin Discussion / Re: I messed up and feel terrible about it on: February 09, 2021, 12:02:11 PM
I sold a portion of my Bitcoins at 31K in January.Damn how stupid I was. Grin
I sold lots of BTC last year,when the price was around 7K-10K USD.I'm a lousy BTC trader and I didn't trust all those bullish signs and predictions during the entire 2020.I always though that the price will crash or stay stagnant.We have to learn from our mistakes and move on.
There's no point of regretting the past.Just do whatever you can to buy or earn as much BTC as you can and then HODL.

3524  Bitcoin / Bitcoin Discussion / Re: Elon Musk is Opening The Pandora Box on: February 09, 2021, 07:06:49 AM
I don't quite understand your reference.
"Opening the Pandora box" usually means something bad is going to happen.Just like in the ancient Greek myth about opening the Pandora box,which releases all the diseases and plagues over the human kind. From what I read in your text,you mean that cryptocurrency adoption by the big companies is like "opening the Pandora box",but in a good way.
I though that you are going to FUD over Bitcoin with this "Pandora box" reference... Grin
Anyways,I don't mind if Apple joins the Bitcoin community and accepts Bitcoin payments.

3525  Economy / Exchanges / Re: Legitimacy of Paxful, Kraken, LocalBitcoins, other on: February 09, 2021, 06:45:53 AM
Yes,all of them are more of less legit.All of them have their pros and cons.
Paxful is kinda legit,but lots of scammers are waiting inside the marketplace.
Localbitcoins is legit.I have used them for about 4 years without any issues.Their fees for depositing BTC have increased,which is bad,but we have to deal with it.
I have never used Kraken,but I know that they have a good reputation.
Binance is probably a little bit better than Kraken.
There's no way to avoid ID verification,when buying BTC.Every legit crypto company has to implement KYC policy.This is required by the law.
3526  Bitcoin / Bitcoin Discussion / Re: Tesla buys 1.5 BILLION worth Bitcoins !! Good or Bad ? on: February 09, 2021, 06:26:43 AM
Ellon Musk tweeted that cryptocurrencies are as bs as fiat money,but he doesn't mind accumulating both crypto and fiat.AFAIK,he also tweeted that money(crypto or fiat) are just an informational system,used for resource re-allocation.
Anyway,this is a pretty bullish move and it will have an impact over the crypto markets.I'm not sure how big the impact will be,compared to the Paypal crypto adoption,since Paypal is a financial company,and Tesla has nothing to do with the financial markets.I'm a little bit skeptical about this news actually pumping the BTC price to 50K or more.Maybe Bitcoin price will pump to 40K USD and will have strong resistance to stay above that level for a long time.
3527  Economy / Gambling discussion / Re: New Government Rules Mean No More Gambling Sponsorship on: February 08, 2021, 12:08:41 PM
This is a step in the right direction.
1.It will reduce the revenue of the super rich English football teams and they will stop with the insane multi-million dollar transfers.I got annoyed by all the super-expensive overvalued not-so-great players that got into English football. Grin
2.It might reduce the amount of sports betting gambling addicts,at least a little bit.
3.This might redirect all those sponsorship ad money into other industries.The internet is the most obvious choice of the gambling advertisers.More crypto gambling sig campaigns on Bitcointalk,anyone? Grin

3528  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Once Bitcoin marketcaps has reached to a trillion alone, it will happen on: February 08, 2021, 11:53:19 AM
Once Bitcoin marketcaps has reached to a trillion alone, it will happen

Once Bitcoin marketcaps has reached to a trillion alone, that will be the game changer movement because at that time many other cryptos will grow and in the future the cryptocurrency marketcaps will be in trillion of usd. So if you are still ignoring such cryptos having more than a billion circulating supply then get into it.

I get your point of view.Many altcoins were "riding on the back" of Bitcoin during the previous years and many people entering the crypto world think that altcoins are "just like Bitcoin,but a little bit better" which isn't the case.No altcoin has the trust Bitcoin has.I can't seem to find an altcoin,that is slightly better than BTC.
Bitcoin Core will reach 1 trillion dollar market cap soon,maybe this year,or maybe next year.
No altcoin will ever reach 1trillion USD market cap anytime soon.Not even Ethereum.
3529  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not censorship resistent. on: February 08, 2021, 11:34:32 AM
I'm not an expert,but here's my hypothesis.I might be wrong.
If a miner or a group of miners decides to block transactions for their own benefit(or to comply with regulations or government will),then the majority of developers and users inside the Bitcoin Core network will just hardfork and split the BTC core blockchain,leaving all those miners with worthless forked pseudo-Bitcoin shitcoins and no market support.
The Bitcoin community is more flexible and adaptive than you think.I don't get your point of asking a question that has been discussed 100 times before on the forum.Just search for some old threads about this topic,instead of creating your thread.
3530  Economy / Economics / Re: Global Wealth Disparity is going to cause a lot of issues soon on: February 08, 2021, 07:22:09 AM
Quote
Why is every currency so centralized? By doing this, none of them can become global currencies.

Taking a look at some of the most likely coins to become a global currency at the moment:



USD- Chinese will never accept it since it is printed indefinitely by USA

Stop writing BS.The US dollar is a truly global currency.
The Chinese have always accepted US dollars.China export goods worth billions of dollars to the USA every year.China was buying US government bonds worth billions of dollars every year.You are so wrong.
The global wealth disparity will continue to be a problem until the very end of human civilization.
We can't solve this problem with the financial system.It doesn't matter,if the system is based on fiat or cryptocurrencies-the wealth inequality will continue forever.
A decentralized financial system won't redistribute wealth across more people.Such system will just improve the security and efficiency of all financial transactions.
3531  Bitcoin / Bitcoin Discussion / Re: So lets talk honest now about btc on: February 08, 2021, 06:56:30 AM
So all this decentralised blHh blahh is nice
Be your own bank blah blah
But thats not a point lets skip the bs and be honest

How does this thing can make me rich ?
Results what must come out of this are:
At least. 100 mil dollars. Coz life is expensive

So what ways ? How thos thing can make the big $$$$
Thats why im here im hhere for big cash !

OK,let's skip the bs and be honest... stop spamming the forum with bs posts.
Sometimes I wish there was a dislike button under every forum post,so the forum members could dislike low quality topics.
"Being your own bank" is way better than any relying on the mercy of any bank.
If you wanna be rich now,just invest a few thousand dollars in some random HYIP,ponzi,shitcoin scheme.I'm sure you are going to make 10000000% returns in 24 hours. Grin Grin
3532  Bitcoin / Bitcoin Discussion / Re: Bitcoin FreeFloat Supply on: February 06, 2021, 07:17:05 AM
The correct number of Bitcoins in circulation will always remain a mystery.
Maybe this is actually good for the Bitcoin price growth.I'm not sure how did this Company estimate the exact number of lost Bitcoin to 4 million.I think that the number is lower.Probably 2-3 millions,but I'm not a mathematician and don't know how to calculate this.
The rumors about the Bitcoin market cap being overinflated will continue forever.
3533  Economy / Economics / Re: A user's turns his $130 into $1,30,000 in just 3 days (NFT) on: February 05, 2021, 11:52:59 AM
OP,you are using  $1,30,000 three times.One in the title and two times in the forum post.
Don't you know how to write big numbers?Can't you just write 130K USD? Grin
The whole story seems really suspicious to me.What's the point of buying artwork made by some anonymous guy for 97 ETH?This guy definitely isn't Michelangelo or Leonardo,so I really doubt that this artwork is going to cost a million dollars after several years.Maybe this really is money laundering.
3534  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Bitcoin CASH regulated in any way? on: February 05, 2021, 11:34:38 AM
Because I hold Bitcoin, I was given about the same amount in Bitcoin Cash at one point.

I was also given some Stellar (XLM) for free.

Does anyone know if this is regulated in any way regarding taxation? My Bitcoin emerged out of fiat. But this came out of nothing!



Tax regulations cover all cryptocurrencies.It doesn't matter if its BTC,ETH,Stellar or Bitcoin cash.
The rules are the same for all coins.Coins,that were created after a hard/soft fork are no different than mined or bought coins(at least in the eyes of the tax agencies,that might consider forked coins to be a capital gain),so they are taxable as well.
In which country do you live OP?
You say that you were given Stellar for free.Maybe this can be considered as a donation and deducted from your taxes.I'm not an expert.Perhaps you should talk to a professional accountant.
3535  Economy / Economics / Re: PayPal cryptocurrency trading volume beyond expectations on: February 05, 2021, 07:11:00 AM
This only means to me that there's a great demand for a decentralized transactions and it can add profit to those companies who will start to adopt. Many companies should see this experience of Paypal and I'm sure it will continue to grow since many are trusting the platform and Paypal and they feel their security here. I'm not into Paypal since we also have our local wallet to transact, but to those who are using this for sure they are enjoying this services using their own cryptocurrency.

1.Yeah,but Paypal is centralized and will always remain centralized.
Adopting cryptocurrencies doesn't mean that Paypal will become decentralized.They might become "pseudodecentralized" for the sake of marketing and making the company look cool in the eyes of naive crypto enthusiasts.

2.They feel secure using Paypal?Are you kidding me?Having you own crypto in your own cold wallet and storing your own private keys is way more secure than having trust in a company that can block/limit the money in your account for any reason.
3536  Bitcoin / Bitcoin Discussion / Re: Employees can get salary in Bitcoin in Miami on: February 05, 2021, 06:42:38 AM
This is good news,however getting salaries in BTC won't be mandatory and the employees will have a choice.
I wonder how many of the employees will choose to be paid in BTC?Not that much,if you ask me.Probably lees than 10%.The rest of them probably don't want to deal with Bitcoin price volatility,having a BTC wallet and selling BTC to fiat,storing private keys and etc.
This is a step in the right direction,but I don't expect mass BTC adoption to happen overnight and I don't expect the majority of the people to embrace Bitcoin with arms wide open.
3537  Bitcoin / Bitcoin Discussion / Re: Who are you according to Glassnode classification? on: February 04, 2021, 12:25:41 PM
This categorization is for fun purposes,I guess.It isn't accurate enough to be taken seriously.
I'm in the Shrimp category,like most of the forum members.Maybe there are a few crabs or dolphins here. Grin
It's really surprising that the "shrimps" own only 4.9% of all Bitcoins in existence.This is a really small percentage.I'm expecting small BTC owners to own more than 10% of all BTC.
If such small amount of BTC is owned by the ordinary people,this means that BTC is mainly used for investment/crypto trading purposes,and it will never be adopted as a normal currency.
This is pretty much expected and kinda sad at the same time.
3538  Bitcoin / Bitcoin Discussion / Re: Who is the people or group of people will buy the btc top ? on: February 04, 2021, 12:08:36 PM
When the BTC price hits 100K USD,all the bulls will hype about Bitcoin price reaching 500K or 1M USD.
When the BTC price hits 1M USD,the bulls will be hyping about a possible future price of 5M or 10M USD.
There's no such thing as "the top". There will always be extremely bullish investors,who are preaching and spreading hype and wishful thinking about the future Bitcoin price.
Any financial asset can cost the highest possible price a person or company is willing to pay,in order to have that asset.I believe that there will be enough BTC buyers,even if the price hits 1 million dollars.
3539  Economy / Services / Re: [OPEN SPOTS] ChipMixer Signature Campaign | Sr Member+ on: February 04, 2021, 07:19:00 AM
Username: davis196
Post count: 5976
Address: 38jPybuqW9XqmKHEFvHyJNEUEaegP9fWe8

Will update signature,if I'm accepted...which will never happen,but whatever. Grin
3540  Bitcoin / Bitcoin Discussion / Re: Request for help from comp sci teacher on: February 04, 2021, 07:12:27 AM
Quote
By the way: it might not be a good idear to take pictures of your students holding paper wallets... If somebody is able to read the private key, or restore the qr code, they can rob your students, unless you used encryption and a strong passphrase...

I really doubt that some scammer/criminal will be patiently waiting for those people to post a picture holding their private keys,in order to rob the satoshis,that are sitting in their wallets.What's the point of robbing a few satoshis?It doesn't make sense. Grin
Anyway,I think that OP has access to free electricity,provided by his school,so there won't be a  problem to mine a few satoshis,by using old mining equipment,even though the mining won't be profitable.
We desperately need more Bitcoin teachers around the world.
Good luck with this project.
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