Bitcoin Forum
July 01, 2024, 08:44:57 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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] 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 ... 352 »
3881  Economy / Economics / Re: Canada to freeze Freedom Convoy Protestors bank accounts... on: February 16, 2022, 03:12:16 PM
I don't get to understand the reason that government will condescend to freezing protestants accounts because they are carrying out a responsibility that is under the law. Canadian government have caged human right voice by this action, when a protest is peaceful then why don't they hear the people's voice. The people have the power and should be respected.

This freezing of account is becoming a new trend with government in this modern era, this happened in Nigeria during the #EndSars protest where bitcoin accounts with exchanges to banks were blocked and that was the beginning of bitcoin account ban with the bank, this is unfortunate.
3882  Economy / Economics / Re: Bitcoin failed to fulfill the purpose it was created for ? on: February 15, 2022, 09:58:45 PM

2. Stay free from govt control.
What Satoshi aimed was an open source decentralized money that has a transparent ledger.
[/quote]

That is same thing too. Satoshi aim is not defeated open source is transparent yet the real physical identity is not revealed and that is the freedom or free from government control. The mode of transaction is decrete based on individual wallet. It is an asset that it value is not undermined and can increase based on speculation and real market interaction of demand and supply.
3883  Economy / Economics / Re: Just my own thoughts on: February 15, 2022, 05:34:34 PM
.

Then they are going to argue their coins are better because they have the ability to get back  the funds that are stolen by hackers and scammers and this will attract people to those conis, but for people like us that know the truth we will not be interested in their coins, so this changes nothing at all.

No government won't have to argue that their coin or fiat is better because the two are both different and on different functions or purpose. You can't compare both. Bitcoin being an asset can be used as exchange too , you can hodl bitcoin for longer time with hope to get multiple in your hodling investment. Bitcoin is about decentralised system that can't be monitored or stopped, the freedom of which you the user should protect himself, you are having and taking charge of yourself by keeping your security code safe, that is freedom.
3884  Bitcoin / Legal / Re: Tax on: February 15, 2022, 03:45:29 PM

Quote from the OP:
Quote
Just wondered if there is a way of avoiding paying tax on your bitcoin gains here in the Sunny UK. Grin
^ {Just don't} "," {pay your taxes and live a free* life} > That means, pay your taxes.. and you won't go to jail.

*the question about the how free the life out of the jail really is, is a topic for another conversation.

Hope now it's clear Smiley

Sure clearer to me. You don't pay tax, you may get caught and if luck is out of you , you get charged at the court and you will be asked why evading civil responsibility ? Hahaha  Grin

Is clear that being in jail is a big deprivation of your freedom and fundamental human right of freedom of association and more as penalty. Pay your tax up to date.  Roll Eyes Shocked
3885  Economy / Economics / Re: Bitcoin from the economic perspective on: February 15, 2022, 02:27:50 PM
Decentralization and cryptography is for many still just a fantasy movie. Blockchain is King and bitcoin is simply a store of value.


These are same technology ensuring the success of decentralisation. Cryptography the technology and encryption of codes that embedded in blockchain obviously is the reason that the government not able to understand the identity behind transaction except where KYC is taken maybe in exchange and that is why KYC defies decentralisation  in it common sense.
3886  Economy / Economics / Re: Economics on: February 14, 2022, 07:28:54 PM
They will use their own traditional money "online" believing it might enhance their economy, their respective countries individually. Don't forget the centralization.

Unfortunately the enhancement is not really what this is and the economy development or boost is the primary aim. The anti btc countries are at the front of this agenda because this is far different with the purpose of bitcoin. The traditional money is merely within the locality and don't have any decentralised feature. Btc isn't  centralised so fiat is only taking care of the centralised system, the struggle is not for bitcoin as it already has a place that no country will put down.
3887  Economy / Speculation / Re: Btc and future value on: February 12, 2022, 11:18:50 PM

It means with 40k btc you have purache power 40k x 40k=? A lot lambos a lot lands a lot mansions.


This is making for laugher really. If that happens to be rich is just by the way but I don't believe that to happen. The most of it is that the value in the coin will not change. No matter the volatility and market volume but the number will keep to staying in that number that you have and not reduce. Example 0.002 of bitcoin will remain as 0.002 and 0.01 will stay that way no matter the time but the price can be changing.



3888  Bitcoin / Legal / Re: If Crypto derivatives is banned UK, does that mean it's also illegal for traders on: February 12, 2022, 09:35:13 PM
If Crypto derivatives is banned in UK, does that mean it's also illegal for traders to trade it in other exchanges that are located in other countries?


Well I will think IMO that it could also be a ban for traders as such because what makes it ban will make it ban for traders. It is jurisdiction based , ban is to discourage it. It may have some restrictions though but can still be going on through other means like P2P.  When it is flagged as ban , it because illegal but maybe you will have solution from your email response.
3889  Economy / Trading Discussion / Re: Where comes and how exchanges gets the bitcoins that I buy? on: February 12, 2022, 07:58:00 PM
When you buy bitcoin on an exchange, you actually buy bitcoin from other users, not the exchange itself.
This may not be a true picture of the whole scenario as we know that exchanges also provide liquidity when starting up and use bots to trade and interact with real traders for buy or sell transactions. It's a general expectation for people to get skeptical depositing their funds into new exchanges until they begin to notice increase in trading volume on the exchange.

I think to further this exchanges can operate like banks or they are already doing that. The banks trade in different ways including taking money from client and loaning it to another for profit. Banks take money from many means including fixed deposit and free the money up for another person. So likewise exchanges , I think when they stake coins they are also probably doing some business under that.
3890  Economy / Speculation / Re: No strength in Bitcoin in higher time frames on: February 12, 2022, 07:35:46 PM
Bitcoin is very weak in the higher time frames ( daily & weekly). Slowly and steadily, bitcoin may break the 40k important level. Also on minor bitcoin dump, we see massive dump in the altcoins.

I wonder if we are about to move in the bear market ? What is the hope of bull market in the current circumstances ?

The challenges are still the fear gripping the market yet. The recovery has to be slow because investors not jumping in yet and few we are buying still dumping this is why the rate of volatility is yet slow. Last week was waking up for recovery but dropped a little during the end of the week. Higher time or the way low time operate is depending on sentiment.
3891  Economy / Gambling discussion / Re: Africa Football Discussion Thread || Current discussion: AFCON - Finals. on: February 12, 2022, 02:51:03 PM

The game wasn't fair and not in our favour when super eagles played 10 players against 11 player and ended the game with 0-1 isn't really bad.
Alex was one of the top player that Nigeria depended on as a midfielder but unintentionally got a red card in the first 6 minutes of the game and the whole player became off balanced.


Being a man down shouldn't be a good reason that players will get discouraged. On that game yes that the officiating didn't favour Nigeria but the players didn't come to the party themselves coupled with the choices of the coach. He brought in sodiq late in the match and we saw his impact. Some other strong attackers like Odion Ighalo was there but wasn't introduced. Team playing a man down is a time to fight harder, example Comoros played a man down against Cameroon but fought more until they got defeated eventually.
3892  Economy / Gambling / Re: Rapper wins 1,3M$ on: February 12, 2022, 02:05:15 PM
Whether the story is true or not, I have seen people betting hugely on bets, and they don't seem to stop. He's not the first person to bet with such an amount and he won't be the last. What's making it a big deal is it because it's a celebrity that took such a risk.
I wouldn't mind betting with such an amount if the situation of sure betting arise.

Perhaps as a celebrity he has the public at his call. I think this will get his name in the the media for sometime. This is a hype for him but despite that he made a huge bet really. Of course he has the money and it won't matter to him if the money didn't yield any result. I have watched drake do many give away to his fans a lot of times.
3893  Economy / Economics / Re: agriculture and bitcoin on: February 11, 2022, 11:39:27 PM
I think the Op is asking question based on if there are crypto tokens specific for agriculture but I know that is not relating to bitcoin. If Op is talking about bitcoin itself, no. Bitcoin can not help your country or agriculture except you invest in it and wait for profit where you can cash out and take your money to invest in agriculture like buying land for cultivation, seeds and what else relating to agriculture. In the past some projects related to agriculture through ICO but  ICO didn't survive.
3894  Economy / Gambling discussion / Re: Why a single bet is better than a multi bet. on: February 11, 2022, 05:06:47 PM
The reason people bet in multiple is to increase the winning potential and nothing more. That is the reason and they understand the risk that the chances of all the games being successful is narrow but that does not stop them to complain, regret and cry (especially when it is big potential) when they lose it  Grin
The aspect of single bet is people don't go often with it because the odd is small and they will need increase in stake for the potential to be substantial but the risk is still there no one is guaranteed.
3895  Economy / Economics / Re: Your opinion on side jobs on: February 11, 2022, 01:09:23 PM
General opinion is that a side job is one that supports the main income of an individual, often times perceived as something that brings little money to add to what you make from your day job. If Mr X earns better from a side job when compared to the income from his career option, does the side job still qualify to be called a side job?



A side job IMO is not really meaning that it is a lesser paying job from one originally known with. The main job is usually the one everyone knows you are doing but the side job is known by few, maybe close colleagues. It is more of diversification to me but whether called side or not doesn't matter and these days it has been the one more sustaining because it gives you time and you still earn from it. The main job is the one taking most of your time and might pay you little .

So I think what is called as side job is not really a side job but another job in diversification. When we diversify, we say is side job but sometimes proceeds from it is not small, it can be higher or measure up to main job. There are many main job considered as side jobs for others and some side jobs known for others as main jobs.
3896  Economy / Gambling discussion / Re: ⚽ FIFA World Cup 2022: Qualifying Games For Qatar on: February 10, 2022, 11:15:36 PM

Who would have thought Egypt vs Senegal would be taking place so soon after the AFCON Cup Final. There will not be a penalty shoot out  Grin

Such a coincidence that it happened that way. It was an interesting final game that mane got lucky over his team mate Salah. This time around there won't be penalty kick to decide but purely on points and goals for and against because it will be played in both countries with the team having the chance as home and away match.
3897  Economy / Economics / Re: How will Bitcoin behave in the approaching crisis? on: February 10, 2022, 08:26:31 PM
I read today that Russia wants to refrain from banning Bitcoin, instead the country wants to regulate Bitcoin. It is probably because of possible sanctions and the repeated threat to exclude Russia from the SWIFT payment system in case of war. With Bitcoin, Russia could circumvent some of the sanctions.

I think some of the points you made here are logical. They may be planning ahead the sanction that may come to them if Putin decide to continue threat against Ukraine and other vices alleged on Russia. Bitcoin is however proofing to be safe heaven for the time and this will turn an eye to most countries that fear the US sanctions. If they bring the draft bill up then the story becomes very authentic.
3898  Alternate cryptocurrencies / Altcoin Discussion / Re: How good is staking coins? on: February 10, 2022, 03:28:52 PM
OP, staking is very good for little daily income instead letting the coin stay in wallet without use and the percentage of reward veries from different coins. I believe low value coins with cheap price are not comparable to high value coins in staking rewards. So it all depends and the quantity of the coin you are staking.

Staking is pretty effective if you have the patience, the higher the doge coins you have the higher your staking reward will be, staking platforms have different staking rewards in percentage, some are 6% per annual while some are more, use binance exchange for staking it's one of the best.

Does binance have features for staking dogecoin? Are you sure of that? I once did a check but it is not available for dogecoin
3899  Economy / Gambling discussion / Re: Africa Football Discussion Thread || Current discussion: World Cup qualifiers.. on: February 10, 2022, 02:55:48 PM
So maybe Egypt would like a payback here. We could see enjoyable games between them.

There won't be anything like pay back, is a game and the better side with luck will win. On the day Senegal played far better than Egypt but they almost lost the game if not the destiny to be the winner and mane redeemed himself by scoring his second penalty kick after losing the first during the first half game. I believe that the well prepared team should always win and Senegal, they surely deserve the win.
3900  Economy / Speculation / Re: Deception of manipulators or new rise in prices? on: February 10, 2022, 01:18:28 PM
What particular laws of the market do you mean? The Bitcoin market doesn't seem to be following any law aside from the law of uncertainty.

Anybody who makes calls as to Bitcoin exploding or hitting $100,000 soon are not to be taken seriously regardless of how famous they are. They're just like us, making guesses as to what would happen next to Bitcoin's price. Popular Bitcoin supporters have been making speculations all the time. Sometimes they are right, sometimes they are wrong. Which means they are not accurate.

We are all dealing with speculation about the price and nobody can give accurate price movement except with little possible news giving insight on likely direction of the market with the news. However currently the price can increase because of regulation news from Russia. Russia is a big nation and if they are announcing to propose a direction to regulate bitcoin , it can lead a bull to resume anytime soon. These are all speculation.
Pages: « 1 ... 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] 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 ... 352 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!