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3761  Other / Archival / Re: Hire me to defend your case for 0.01BTC! on: May 14, 2018, 07:25:27 AM
Digaran is just a troll, he enjoys this attention.

And that is all anyone needs to know.
3762  Economy / Speculation / Re: Can the hike in price of crude oil can effect cryptocurrency market? on: May 13, 2018, 03:09:05 PM
Share markets are inversely proportional to oil price. when oil market  increases,  at that investors withdraw money from stock and invest in commodity market or in oil.

I think you must be confusing oil with treasury bonds.

Have a look at a comparison chart of oil against the S&P500.

https://www.tradingview.com/x/NRi6s9S7/


There's no correlation there, inverse or otherwise. Then do the same with bonds.

https://www.tradingview.com/x/INHgWRGU/


Like all market correlations it comes and goes but there is enough to see that most of the time they are inversely correlated.

Investors buy stocks and bonds for the same reason, to earn a yield. That presents a choice between the two that explains the inverse correlation.
Oil is a commodity and doesn't give a yield through dividends or interest. That means the oil market is driven by things that affect supply and demand of oil. When the economy is strong stocks will do well and that should also increase demand for oil. The supply side is driven by other factors.
3763  Bitcoin / Bitcoin Discussion / Re: Australian Government's cash ban on: May 13, 2018, 02:46:47 PM
Yeah it applies to businesses, but I don't think it's limited to payments between business and not consumer>merchant.
At least that's how is in the EU.

That's what I meant, there's no restriction on two individuals exchanging that amount.

I can't go and buy something worth 15 000 euros for example from a shop with cash. It's either plastic or bank transfer.
Of course I doubt that's also the case for Australia but in parts of Eastern Europe there are a lot of "intermediaries" that buy lots of stuff (especially in agricultural products) and they deal only with cash, same with used cars and many more.

Second-hand car dealers were about the only thing I could think of that would fall into this. I'm thinking of the UK, I'm not so familiar as to what happens in Eastern Europe.

Probably the real estate will be hit by this as with this limit there is no way and no excuse for them to deal with any cash whatsoever, and that's one business where tax evasion is rampant.

Real estate is heavily used for laundered money but you can't buy a house with cash. That's all a bit more sophisticated than that. The money is laundered first and then invested in property to park it in the name of an offshore (tax haven) registered company.

It's going to be interesting if they lower this, Italy is at 2999 Euros.

So that's about half what Australia has announced.
3764  Other / Meta / Re: Stake your Bitcoin address here on: May 13, 2018, 01:39:12 PM
Message:
Code:
I am WhiteShum from bitcointalk. Today is May 13, 2018.
Address:
Code:
14KnBfjsLAbYTH3SUFLwvzf6cHpVX8YuEF
Sig:
Code:
H/eAIFGBBnt5knnefxg3mESWYQati3B0/7cs5w4cerQqdMqBkJf7SEJ7WIDzWkkuRayoTimWNeGj4zqGiXsLISs=
please quote and verify

Quoted and verified with Electrum.

Note from trust wall:
Quote
Stolen account. Used bitcointalk.TO to fish the accounts. Owned by hackers now. Please ban.

October 18, 2017, 10:57:07 AM - WhiteShum - password reset via email
3765  Economy / Currency exchange / Re: Where to buy 50,000+ bitcoins? on: May 13, 2018, 01:13:00 PM
Grin you right.
I assume that one of them ask 500-1k USD for the travel expense or something like that.
 Grin

Some sort of 419 scam for sure. If not travel expenses then the escrow fees, legal fees, etc. etc..

I quick google for OTC services would be a better option than hoping to find a few billionaires on the forum.
3766  Other / Meta / Re: 1AQcA3Dj9V4Ppom1349jQEDD1XKquTETGo on: May 13, 2018, 12:51:21 PM
~

You might want to get your username correct in the signed message.
3767  Bitcoin / Bitcoin Discussion / Re: Australian Government's cash ban on: May 13, 2018, 12:48:55 PM
They are not going after the average Joe with this law.

In the quote from DooMAD above it explicitly states it only applies to businesses as well. I can't see it affecting many at all. How many businesses take cash for large payments?

3768  Other / Meta / Re: Does begging merits is okay? on: May 13, 2018, 12:09:40 PM
What if you make a good content that will all of us can benefit and asking merit for donation to update the content???

for clarification of my point,......

If you didn't know it was bad you wouldn't be asking the question. You've already received your answer, just don't do it.
3769  Bitcoin / Bitcoin Discussion / Re: Australian Government's cash ban on: May 13, 2018, 11:14:14 AM
Err... you don't get much more formal than a budget:

Quote
Black Economy Package — introduction of an economy-wide cash payment limit

The Government will introduce a limit of $10,000 for cash payments made to
businesses for goods and services from 1 July 2019. As part of implementation the
Government will consult on the detail of this measure.

Currently, large undocumented cash payments can be used to avoid tax or to launder
money from criminal activity. This measure will require transactions over a threshold
to be made through an electronic payment system or cheque. Transactions with
financial institutions or consumer to consumer non-business transactions will not be
affected. This action was recommended by the Black Economy Taskforce in order to
tackle tax evasion and money laundering.

Source:  https://www.budget.gov.au/2018-19/content/bp2/download/bp2_combined.pdf

That's the government's own website.  Straight from the horse's mouth.

It always funny how governments never think it all the way through. What business that still want to use cash will do is simply split the transactions up into smaller units. If someone pays $25k they'll just put it through the books as $8k, $9k and $8K in three separate transactions.

3770  Economy / Speculation / Re: Can the hike in price of crude oil can effect cryptocurrency market? on: May 13, 2018, 10:30:26 AM
Can the hike in price of crude oil can effect  cryptocurrency market?As these hike also effects on share market.

I'll turn the question around and ask you if you can come up with any plausible explanation of why oil and Bitcoin would be correlated. The same goes for the share markets, why would there be a correlation?

It is easy to explain a correlation between the USD and oil or the USD and the US stock market as they are priced in USD, but I'd be interested to hear any theory linking BTC.
3771  Bitcoin / Hardware wallets / Re: Ledger Blue Firmware Update coming on: May 13, 2018, 10:12:44 AM
So they decided to stop production, probably because they have something new in plan.

It seems odd they say this:

Quote
And there won’t be a successor to the Blue or a new product with an equivalent form factor.

I'm not sure if that means they'll just develop the Nano S from now on or if they're planning something completely different.
3772  Other / Meta / Re: Merit & new rank requirements on: May 12, 2018, 02:55:34 PM
I have read and actively supported the forum members but my merit was not received from the administrator. why so?

So, if no one will merit my posts it means my rank will not go up? Who will evaluate the posts and give it merit? Is there a particular people in the forum who are assigned to do it? What  will happen if no one will give merit? Specially like me who is a newbie and cannot find a good posts to contribute in the forum. Is there still hope for new comers to rank up?

You only need Merit to rank up from Jr. Member to Member which will take about 2 months to get the activity anyway. Just forget about Merit and start to think about why you are on a Bitcoin forum. If it is to learn about Bitcoin and talk to others about your interest then you'll have no problem getting Merit. If you came here to take part in bounties then forget about Merit as you'll not get any.
3773  Other / Meta / Re: Theymos Doesn't love the Forum Anymore ?? !!!!! on: May 12, 2018, 02:50:50 PM
Trolls aren't cute and nobody loves them.

And if they are on ignore then people don't even see their posts anymore.  Cheesy
3774  Other / Off-topic / Re: Signature Sets for some popular currencies on: May 12, 2018, 11:33:50 AM
Thanks for posting those code snippets and their translation into actual on-page appearance. For the first time now, I can easily note the ascending privileges in terms of forum signature presentation.

Now, if only someone shows how these ascending privileges work w.r.t. the signature space below the member name, member status, and posts+activity, (for instance, mine says: "Exploring this new terrain!"), I'd be much obliged.

The signature restrictions are as follows:

- Newbie: No styling (including links) allowed. Max 40 characters.
- Jr. Member: Links allowed. Max 100 characters.
- Member: Unlimited length.
- Full: Color allowed.
- Sr. Member: Size allowed
- Hero: Background color allowed

That's actually out of date and 'Links allowed' is now Member and above. Also note that unlimited length is actually 4000 characters.
The text you refer to is your Personal Text space and that is the same for all ranks. Ranks of Full Member and above also get to wear an avatar.
3775  Other / Off-topic / Re: Signature Sets for some popular currencies on: May 12, 2018, 10:43:38 AM
I dont understand

That's because you don't read. I just explained that in the post above yours.
3776  Other / Off-topic / Re: Signature Sets for some popular currencies on: May 12, 2018, 10:37:55 AM
What those people above me reserve here?

That's the OP reserving space to add more signatures later if people request other coins. There is a maximum size limit on individual posts.

You should to place the thread in Services section.

He's not selling anything.
3777  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: May 12, 2018, 08:25:05 AM
just one last question..... Is base reward and the amount I can claim  not the same?....If not, then can I increase my free claim amount from 130 sats to higher amounts by wagering etc

Base reward is fixed at the BTC equivalent of $0.002 unless you don't meet the minimum requirements (wagering, jackpots, purchasing lottery tickets, and balance calculation) in which case base reward can be reduced by up to half.

You can increase the amount you get to claim by qualifying for BTC Bonus or redeeming Reward Points. Both of these increases are calculated from whatever your base reward is independent of each other.
3778  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: May 12, 2018, 08:10:29 AM
If 1000% is calculated on base reward , then what you are saying is correct. But I was normally getting 100-130 sats per claim even before applying the bonus and  if 1000% bonus is calculated on this amount then my current claim should be around 1000-1300 sats for the next 24 hours.

It is always calculated on the base reward as stated on the page when you redeem it.

Quote
Redeem your points to increase your minimum free FREE BTC reward! Each bonus is valid for 24 hours after redemption. This bonus will only increase the lowest prize in the FREE BTC table and only the base reward will be multiplied by this bonus and then added to any other bonuses that you have currently.
3779  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: May 12, 2018, 07:49:24 AM
yesterday I claimed 1000% bonus for 3200 RPs. Before that my free claim was around 130 sats. But even after taking the 1000% bonus my claim increased only to 340 sats which is not the required 1000%. Why am I getting such low amount per claim.

The free-roll base reward is currently 24 sats and halved reward is 12, not 130. Check all your figures and get back to me.
3780  Other / Meta / Re: Bitcointalk vs marinecoin? on: May 12, 2018, 06:38:15 AM
Users promoting marinecoin are retards, They are promoting it any thread,even it is not related to crypto (hijacking the discussion).
I am happy if mods taken strong stance on it.

I've had to report countless of these posts all completely off-topic and spammed into any thread they can find. If that drives the moderators to use a bot to auto-delete any post mentioning that shitcoin then it is the fault of their spamming tactics.
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