Bitcoin Forum
September 02, 2024, 01:31:13 AM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 [178] 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 ... 431 »
3541  Bitcoin / Bitcoin Discussion / Re: If you thought you had found the real satoshi with 99.9% certainty ... on: August 12, 2020, 05:05:26 PM
If you thought you had found the real satoshi with 99.9% certainty would you reveal the identity?

Vote Yes or No?

Discuss ...

Definitely not! Why would I reveal the identity of a person who himself wants to stay hidden and gifted us such an wonderful idea like bitcoin. There's no good reason for us to evade his personal space and make his life miserable. Do you think the enforcement agencies will let him live in peace if by any chance his true identity is identified?

Satoshi is a reason behind the financial success of a lot of people in the world, including me! So we wouldn't even try to find his true identity because we respect his decisions. If he himself wants to be identified, he would do that himself!
3542  Other / Politics & Society / Re: Donald Trump signs executive orders banning TikTok and WeChat on: August 12, 2020, 01:12:13 PM
And so the 'war' continues with China, as President Trumps signs executive orders banning Tiktok and WeChat.

Quote
United States President Donald Trump has signed two executive orders addressing what he has labelled as the threat posed by apps such as TikTok and WeChat.

The president is calling the pair of Chinese apps a "national emergency" with respect to the information and communications technology and services supply chain.

According to the first order that will take effect in 45 days, any transaction with TikTok's owner, ByteDance Ltd, or its subsidiaries, will be prohibited. The second order similarly prohibits any transaction that is related to WeChat by any person, or with respect to any property, subject to the jurisdiction of the United States, with Tencent Holdings.

The second order says that like TikTok, WeChat automatically captures vast swaths of information from its users, similarly noting again the ties to the Chinese Communist Party.

"WeChat, like TikTok, also reportedly censors content that the Chinese Communist Party deems politically sensitive and may also be used for disinformation campaigns that benefit the Chinese Communist Party," it adds.

"The United States must take aggressive action against the owner of WeChat to protect our national security."

https://www.zdnet.com/article/donald-trump-signs-executive-orders-banning-tiktok-and-wechat/

Lately we have some topics about this one and seems the community is divided. And it seems that Trump really take this "serious" threat from China. Let's see how Microsoft will react, they supposedly shows intention on buying TikTok.


It's a perfect step by US administration. First India banned 59 Chinese apps and now US. I hope rest of world will follow the same and ban any kind of Chinese origin apps. Also I don't think we need a discussion on that!

Chinese government had banned any kind of non-chinese apps and websites since a long time now. You can't access Google, Facebook, whatsapp from China. They have their own version of such apps under Chinese ownership. So when US made apss can't do business in Chinese soil, why Chinese apps should be allowed to do business with the rest of the world?
3543  Economy / Gambling / Re: Horse Racing? on: August 12, 2020, 09:28:03 AM
I have never gambling in horse racing. So I have some question. How much profit or win in the horse racing?
I am not that good predicting stuff, I am more like playing poker that is what I like.

Horse race betting is easy to learn and it is one of the oldest form of betting in many countries where conventional betting is banned, for example, India. In India, any kind of betting is banned except horse race! Let me share some guides for you to learn.

Basic overview:
https://www.youtube.com/watch?v=dvkJcTjYb4g

Intermediate overview: 
https://www.artofmanliness.com/articles/how-to-bet-on-horses/

https://www.dummies.com/games/casino-games/betting-on-horse-racing-for-dummies-cheat-sheet/

Advanced overview:
https://www.thesportsgeek.com/sports-betting/horse-racing/tips/

https://www.americasbestracing.net/gambling/2020-making-smarter-bets-eight-horse-racing-lessons-learned

https://www.ezhorsebetting.com/advanced-horse-race-betting-techniques/

Hope this helps!
3544  Bitcoin / Bitcoin Discussion / Re: MicroStrategy company adopts Bitcoin as primary treasury reserve asset. on: August 12, 2020, 05:50:09 AM
Having more than 5% of a company's marketcap in bitcoin reserve - is a super bold decision for a listed company. It seems that the decision is received well by the shareholders as well because their share price is up by 9.12% already!  

I don't think we have seen similar steps taken by any other company ever to hold a major percentage of the cash reserve in bitcoin. I hope Microstrategy will be able to break a lot of misconceptions around crypto and also boost the credibility of bitcoin!
3545  Economy / Economics / Re: Cryptocurrencies integrating them more strongly with the economy on: August 11, 2020, 06:01:11 PM
Quote
There already have been some negative reviews but with the Europe Users getting their first card is it worth the investment ?

Would it be able to stay for the long haul in the economy?

What we are seeing right now is the integration of the cryptocurrencies in the mere essential like *debit cards*, do you think we will be able to make a statement with this step? Or is the negative past of the company going to stop the users from taking a step forward. ?

Crypto debit card is the way forward if we want to see cryptocurrencies integrating with the mainstream economy. That's definitely going to stay for a long long time because of the convenience it provides to the user. A majority of the crypto users are unable to use cryptocurrencies directly due to the fees and the confirmation time it takes for a payment (especially for bitcoin). Crypto debit card essentially eliminates such bottlenecks from the entire process. So it's definitely going to stay.

I know the black history behind the initial debit card offerings but that's the initial hiccups. An industry can't sustain like that and now we already have 2 similar services running without any issue - polis pay and bitpay. I don't think past history of card issuers will have any impact in long run!
3546  Alternate cryptocurrencies / Altcoin Discussion / Re: How do I make my token conform? on: August 11, 2020, 05:10:38 PM
Hi , I have a new Token to Launch But How do I make my token conform?

Hi, since you don't know how to launch a token, that makes me ask you - do you have a good reason to launch a token? What real world problem it would solve? What kind of business forecast you have seen? How many people are there in your team?

Token economy is not really a place to show off your programming skill, I must say! The crypto market is overloaded with useless and dead token and I am sure that we don't need more without a valid reason or a business behind it!
3547  Economy / Gambling / Re: Trustworthy Asian crypto sportsbooks? on: August 11, 2020, 10:54:52 AM
Are you asking for Asian-owned crypto sportsbooks or any sportsbooks where Asians are accepted?

You can try FotuneJack (https://fortunejack.com/) or Betcoin (http://betcoin.ag/) and even stake (https://stake.com/), those are sportsbookies that Asians can use and reputable in my opinion.

I second the opinion. Even though these sportsbooks don't operate from Asian soil, but they do accept Asian players without the need of additional verification. I am sure your friend is looking for sportbooks which accepts Asian players, rather than looking for an Asia grown sportsbook.

In case, the requirement is for an Asia Grown sportsbook, you may look at the below link,

https://www.sportsbettingdime.com/asia/

Excercise extra caution using these sportsbook because I have never used them and it's not a vouch attempt!
3548  Economy / Trading Discussion / Re: Grayscale: Net Assets Under Management, $5.7 billion on: August 11, 2020, 05:50:21 AM
Just asking to the community as I am not able to find the relevant information.

I am not sure if Greyscale deals into physical bitcoin. Their funds are just linked to the price of its underlying assets. Am I correct?

If the above is true, then all these figures don't make any sense because these are not flowing into the market. Not really helping in increasing market liquidity.

Can someone shed more light on it? I may be wrong!

Didn't dig much into it, but the way I understand it, Grayscale does actually buy and hold bitcoin(they've been buying a crap ton of mined bitcoin in the past few months), but people don't buy actual bitcoin through their bitcoin trust(GBTC).



Thanks for the information! In that case, it works like an ETF (Exchange traded fund) where the custodian buys bitcoin from the market and sells to the market in form of shares based on the value of the underlying asset. Even though the bitcoins are getting centralized and getting locked under a single location, but it still provides liquidity to the market. So the market is getting benefited by the actions of Greyscale. So if their numbers are increasing, it is safe to assume that the value of their holding is also increase - so there's correlation!

I remember, back in 2017 everyone went crazy when CME first announced their bitcoin ETF. But later we found that CME doesn't deal in actual bitcoins but just plays based on its market price. But since greyscale is actually buying bitcoins from the market - may be considered as a bullish signal.
3549  Bitcoin / Bitcoin Discussion / Re: Facial Recognition Can Help to Come Out from Bitcoin Social Media Scams on: August 10, 2020, 08:58:14 PM
Facial recognition can help forestall future Bitcoin (BTC) tricks like those that hit Twitter and YouTube, said Rod Hsu, president, and fellow benefactor of the virtual cash stage Coincurve.

https://www.currencytimes.co.in/facial-recognition-can-help-from-bitcoin/

Any kind of bio-metric information will help secure bitcoin storage and transaction - be it facial recognition or thumb impression! It will even make things easier whenever there is a requirement to reset a password or even get access to a lost account. However, in a decentralized ecosystem like bitcoin, these are not really a preferred choice of the end users. I am sure majority of the bitcoin users are not willing to give away their identity to any third party unless they have disclosed their bitcoin holding to the government. So whatever Rod Hsu had said, is true, but not ideal!
3550  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: A List Of The Best Altcoin Casinos Of 2020 on: August 10, 2020, 03:45:12 PM
I am not sure how Bitstarz made to your list of best altcoin casinos. Their market reputation is somewhat bad I must say. Read their reviews and ratings below,

https://www.worldcasinoindex.com/online-casinos/bitstarz-review/

https://thepogg.com/casino-review/bitstarz/

They obviously have some nice reviews as well, but there are a lot of other altcoin casinos available in the market.

Have you considered only rewards to rank your casinos or there are more parameters you have considered?



3551  Bitcoin / Bitcoin Discussion / Re: Do scams harm Bitcoin's reputation in the mainstream world? on: August 10, 2020, 09:34:11 AM
There has been a lot of scams within the crypto space over the course of its lifetime. Most recently, a Twitter hack that took the accounts of prominent figures within the mainstream world, has been all over the news. Mainstream media has been making people believe that Bitcoin is "bad" by tying it to the Twitter hack. While malicious actors demanded to be paid in Bitcoin, it doesn't mean that the cryptocurrency itself is a scam. Unfortunately, many people in the mainstream world have commented about Bitcoin negatively because of the recent hack. Despite these unfortunate series of events, Bitcoin and other cryptocurrencies are experiencing huge gains on the market.

Do you think that scams harm Bitcoin and other cryptocurrencies' reputation in the mainstream world? What will it take for people to distance scams from Bitcoin itself? Thoughts? Huh

Absolutely yes! It's not about mainstream media. But as a layman, when you hear about a hacking incident and invariably you hear the name "bitcoin" with it, it's bound to create a negative picture in people's mind! it doesn't affect us because we know how bitcoin works, but definitely affects a layman who doesn't know anything about bitcoin.

I have just seen a news that Canon US website is attacked by ransomware this Friday and it is down currently. Such kind of incidents are becoming more frequent now and definitely earning a bad name for bitcoin along with it!
3552  Economy / Gambling discussion / Re: [Boxing] Mike Tyson vs Roy Jones Junior [PPV on Nov. 28] on: August 09, 2020, 05:17:51 PM
Mike Tyson is taking this fight extremely seriously. I have recently read a news that Mike has gone through a series of electric muscle stimulation to treat the pain that occured during his training session. Read below,

https://talksport.com/sport/boxing/740531/mike-tyson-electric-shock-muscle-therapy-roy-jones-jr-comeback-exhibition-fight/

Even though this is just an exhibition fight, it has managed to garner good amount of attention because of the big names associated with it! However, considering it is a boxing match and physical fitness and agility are the two most key factors which can decide the winner, Roy Jones is way ahead of Mike Tyson! Mike played his last match in 2005 while Roy Jones had played until 2018 Which is another important factor in deciding the winner!
3553  Bitcoin / Bitcoin Discussion / Re: Fear & Greed Index and Bitcoin Price Chart of last week on: August 09, 2020, 04:44:49 PM
I seriously wonder how do they quantify the a most common human emotional quotients like feed and greed!! What mathematical formula goes behind it? One way to capture is through mass survey but it doesn't look like a result from a survey.

I am interested to know because human emotional quotients are usually not quantifiable! Bitcurate is not only doing it but also presenting it to the community! It may very well be a hoax and nothing else! 
3554  Economy / Trading Discussion / Re: Grayscale: Net Assets Under Management, $5.7 billion on: August 07, 2020, 05:11:06 PM
Just asking to the community as I am not able to find the relevant information.

I am not sure if Greyscale deals into physical bitcoin. Their funds are just linked to the price of its underlying assets. Am I correct?

If the above is true, then all these figures don't make any sense because these are not flowing into the market. Not really helping in increasing market liquidity.

Can someone shed more light on it? I may be wrong!
3555  Other / Archival / Re: . on: August 07, 2020, 03:20:13 PM
Will the advent of CBDC's forgo the necessity of filing taxes?

Since they will be able to see every single transaction you make.....

No! CBDCs will only make audits easier and probably automated! Nothing else will change on that front. Yes, with the implementation of CBDC, government will be able to see every transaction but that doesn't mean that they will have the resources and capacity to actually see it in reality unless a certain flag/concern is raised!

Individual Taxing will not go away with CBDC. It will just make the entire process more transparent to the government and will make it harder for a common citizen to hide any income! Hope it makes sense!
3556  Economy / Economics / Re: Exclusive Tax Proposals On American Billionaires on: August 07, 2020, 12:28:02 PM
Absolutely rubbish law Sanders has proposed. It will be easier for billionaires to buy a "Golden Visa" in countries like New Guinea, or UK or any other Caribbean countries and throw out American citizenship. Self made billionaires like Jeff Bezos or Mark Zuckerberg have earned such amount through their vision and hard work. US is just trying to get hold of some easy money from the sweat equity of others. Non sense in all true sense!
3557  Bitcoin / Bitcoin Discussion / Re: Average Congressman has nearly 60 years. Can those grandpas regulate bitcoin? on: August 07, 2020, 06:07:19 AM
I read a Twitter today about Google and Facebook regulations (which I couldn't find now). But this applies to cryptocurrency as well:

Quote
The average age of Members of the House at the beginning of the 115thCongress was 57.8 years; of Senators, 61.8years, among the oldest in U.S. history.
Source:
https://www.senate.gov/CRSpubs/b8f6293e-c235-40fd-b895-6474d0f8e809.pdf

People of those ages could easily be grandfathers. Do you think granpa could build the legislation for Bitcoin, Ethereum and other cryptocurrencies?


Bitcoin is already big enough and conquered it space.  And bitcoin is not in war with regulators (at least not yet), but imo regulation will have to adapt to bitcoin, and not the opposite.

Not every country is luck enough like New Zealand or Finland where the age of the Prime Minsters is below 40. So we all will have to deal with that. US senators and legislators are at least educated. In my country, a major percentage of the lower house parliamentary members are uneducated and are convicted criminals. US is in a lot better position where they have the intellect to understand the positive sides of blockchain and cryptocurrency.

Now when it comes to regulation, bitcoin CAN'T be controlled through a law! However, the people CAN be controlled through a law and that's what the legislators are trying to achieve throughout the world. Bitcoin won't be adapting the regulation but the people will do! That's the essence of any crypto related regulation!
3558  Bitcoin / Legal / Re: India considers another widespread ban on Bitcoin on: August 06, 2020, 07:27:53 PM
Another news from Cointelegraph arrived just yesterday.

https://cointelegraph.com/news/indian-government-actively-working-towards-new-crypto-ban

India's crypto scene is becoming veen more gloomy with such news! But that was somehow expected. It's only Supreme Court which has shown some progressive thinking but at the end of the day, we are ruled by uneducated politicians and useless bureaucrats who believes in centralization of money and power. So it's no wonder that the draft law will be presented to the winter session of parliament.

Even though a window period will be given, but it will be very difficult for the Indian citizens to exchange their bitcoins during that period.   
3559  Bitcoin / Meetups / Re: Nigerian Foremost Bank to host Blockchain Technology and AI Webinar on: August 06, 2020, 03:41:10 PM
First bank is always very innovative and captivating when it comes to technology; hoping to attend the podcast and I find it interesting. It is less than 10 minutes to the webinar already. Lemme get my zoom set up.

Probably yes! But let me tell you that it has nothing to do with Bitcoin or even cryptocurrency! Nigeria is one of the most tech-friendly countries in entire Africa, but I don't think the banks are welcoming cryptocurrency to come and play on Nigerian soil, yet! The only relationship here is with blockchain technology which can live and thrive with a cryptocurrency associated with it - because it is a database only.

I hope you have joined the zoom call, so what's your take on it? Is it anything related to bitcoin or any other cryptocurrency? Did you hear a mention of cryptocurrency in the webinar? Let us know!
3560  Economy / Gambling discussion / Re: Regulations in online Gambling sites on: August 06, 2020, 11:24:10 AM
Government can certainly regulate online casinos if they want to but that doesn't mean they will have the power to regulate crypto related casinos. The reason is very simple,

1. Majority of the crypto casinos are not registered.
2. Since crypto casinos use many different cryptocurrencies, it is not always possible to cap it within a certain monetary value. They will have to be in units

Now the question comes if it is good for the industry. The soft cap of 100 euros will effectively kill the crypto casino business in the same way regulation will do. Crypto casinos are mostly for them who doesn't want to be identified or capped by any means. It will probably not hurt fiat based casinos because it is already regulated by the local regulatory bodies, but not at all good for the crypto casinos!
Pages: « 1 ... 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 [178] 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 ... 431 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!