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3961  Bitcoin / Electrum / The EU are not going to ban "Anonymous" wallets on: August 01, 2021, 02:25:49 PM
This is where it all started, a tweet thread summarizing the proposed rules, Mairead McGuinness, the E.U. Commissioner for Financial Services, wrote that the measure “will ban anonymous crypto wallets and make sure that crypto-asset transfers are traceable.”

Source : https://finance.yahoo.com/news/no-european-union-not-banning-171752952.html

"The statement from McGuinness is straight-up FUD. Rather than a ban on crypto wallets, the E.U. rules would impose tighter but defensible rules on money service providers, such as exchanges or custody services."

This is how fast FUD is spread on the Internet... and also why Twitter is frequently misunderstood ...when people post too little on the subject, due to space restrictions.  Roll Eyes

Mention is made that "wallets like MyCrypto, Exodus and Electrum are software, available for download worldwide....." ....So, the E.U. knows it can’t “ban anonymous crypto wallets.” But by obfuscating the difference between custodial wallets and self-custody software, they may hope they can mislead some portion of the public into thinking that custodial accounts are the only kind that exist.

Do you think there is a difference...and do you think a ban like this will be affective?
3962  Economy / Economics / Re: EU wants to ban crypto anonymous transactions and wallets on: August 01, 2021, 12:14:05 PM
You know, the harder they push..... the harder the hardcore supporters of "privacy" push back. They are going to open up a whole can of worms with this, because the developers pushing for full anonymity are just going to create more anonymous platforms, if it gets banned.

Pseudo anonymity was the primary goal and using FIAT currencies, gives you that freedom. (If a friend gives you $100 for watching his dog and you use that $100 to buy something ....then that transaction is pseudo anonymous, because authorities needs to have the serial number of that note ..to track it's movement)

The Pandora's box has been opened.... getting it back into the box is almost impossible now... everyone had a taste of it.  Wink
3963  Bitcoin / Bitcoin Discussion / Re: I feel like there is no way to keep up on: August 01, 2021, 10:55:17 AM
You have to calm down, you are doing what most people are doing when they are too focused on the profits. You are obsessed with the "Big payday" and that might never happen. You can even set yourself up for massive failure, if the outcome of this experiment is the opposite of what you hoping it might be. (total collapse)

Bitcoin profits should not be the ONLY goal for you, if you spend half of your time doing research on the technology and using that "knowledge" to teach other, then your "profit" will come with mass adoption. (Go out, help other people that wants to adopt Bitcoin, to do it.. do not force it onto other people... because that leads to failure too)  Wink
3964  Economy / Speculation / Re: The "what's causing this price increase/decrease?" thread on: August 01, 2021, 09:46:59 AM
The only "rumor" that I have seen, was that Amazon will be making an announcement soon ...about allowing "Bitcoin" payment on their platform. True or false.. I do not know... but I think it definitely had a impact on the buying side.  Wink

https://cointelegraph.com/magazine/2021/07/31/amazon-rumors-micostrategy-btc-bitcoin-40k-hodlers-digest-july-25-31  .....but just 5 days ago we had this, https://www.reuters.com/business/retail-consumer/amazon-denies-report-accepting-bitcoin-payment-2021-07-26/

So, either "insiders" want to keep this information for themselves to buy low, before the official announcement is made... or it is just FUD to hype up the price... time will tell.  Wink
3965  Economy / Gambling discussion / Re: Weekly/monthly financial statements, which do you prefer? on: August 01, 2021, 09:04:31 AM
I like the way Stake.com is doing it.... they give you the option to draw your detailed statement every day, but you are only allowed to request it once in a 24 hour period. You can also ask the online support to give a less detailed report to you without limitation, but they will get irritated if you request it every other minute.

I feel this information must be available on demand....as needed.. and no limitations should be placed on the amount of times you are allowed to do this. (Information is key... and it is your data)  Wink
3966  Economy / Gambling / Re: Bithobo.com — Provably Fair Dream Catcher on: July 31, 2021, 11:41:58 AM
The site design is very simple....

I hated the white background and the dark background looks better, but it is not spectacular. This site looks like the "training" wheels for newbie gamblers in the Crypto world. Most of the competitors host a variety of original games and also games from 3rd party providers.. so you have fun in one site.  Wink

I have lots of Alt coins and I did not see any options for Alt coin deposits... so that is a negative for me. I cannot see High Rollers coming to this site, because the maximum bet is way too low. (Understandable for new sites with low house funds)  Wink

Also.... getting this ====> http://i.prntscr.com/gK9OHTjRSLW8lMVOS3IelA.png on a first visit... does not look good.
3967  Bitcoin / Bitcoin Discussion / Re: 2011 Bitcoin rejected person reaction on 2021 on: July 31, 2021, 08:28:10 AM
I have seen many of these people in my life! A lot of them are so butt hurt over their decision not to buy ..that they actually turned into Bitcoin haters! Now, they are telling people how Bitcoin is a "Ponzi Scheme" and that it is just a question of time before it burst.  Roll Eyes

I will rather take a chance in life, than having to regret not doing it for the rest of my life.  - Risk can be managed... you do not have to invest 100% into a high risk investment, because every financial portfolio has to be balanced. (A combination of High/Medium/low risk investments)  Grin

I will rather burn out, than fade away! Go for it.......  Wink
3968  Bitcoin / Bitcoin Discussion / Re: Getting paid in Bitcoin vs getting paid in Fiat on: July 30, 2021, 09:08:17 PM
I was given the choice to be pay in Fiat or in Bitcoin and I declined full payment in both.... I opted for a 3/4 payment in Fiat and a 1/4 payment in Bitcoin. The reason why I did that is actually very simple, because most of the things I have to pay ..do not have the option to pay in Bitcoin and also, I will convert almost 1/4 of my salary into Bitcoin in any way.... so why not have my employer do that for me.

I save in transaction fees.... so it is a win/win for me, if the employer pay me with Bitcoin. (It is just a headache to explain this to the tax authorities, because they are not on par with salaries being paid in Crypto currencies)  Roll Eyes
3969  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: July 30, 2021, 01:51:51 PM


Trading view funtoken analysis

Fun token is currently testing a key support level that acted as resistance at the start if the year around early january during the start of the big run..............I believe we have reached a make or break point for the token where it will have to decide where it will go. This might be the bottom price level where the token will consolidate for a while otherwise if it breaks the level shown in the image above we might be in for a ride Shocked

I am afraid that it will not break through that barrier, if it does not get multiple use cases for the token soon. I was glad when I saw this being posted ===> https://www.sigma.com.mt/news/fun-token-price-grows-100-from-freebitco.in-utilisation     Grin Grin Grin

The thing is.... they are marketing this ==> "FreeBitco.in has over 41 million registered users"..... but how many of those users are active and how many of them are buying tokens? My guess is... the majority are "idle" or "abandoned" accounts or just accounts that was created to leech some free Satoshi.. not people with money to buy tokens.
3970  Bitcoin / Bitcoin Discussion / Re: Bitcoin is bad / Bitcoin is High risk .... well what about Archegos? on: July 30, 2021, 10:46:50 AM
Archegos was not a hedge fund..... It was a single family office, run by one individual. Why did Banks give money to such a risky financial operation? (Question is ..... Can we trust Banks to make the best decisions with the money that we deposit?)

You thought your money deposited in the Banks are the safest option? Guess again........  Roll Eyes

Because "risk" is a word that does not appear in the banks' dictionary. They can put money on "safe" investments and get small returns or gable on "risky" assets and get big returns or bail out from government. So there is not risk for them.

Are my money safe in banks? Yea. If bank will lose them government will print them back causing inflation and everyone will pay for it in devaluation of their savings. No matter where you store your money. If its Fiat - you will pay for all mistakes made by elites.

This is exactly why Satoshi Nakamoto created Bitcoin.. (Remember the reference he made to the second Bailout that governments made to the Banks with taxpayers money in the first Block that was mined?)

Satoshi Nakamoto knew that Banks did not learn a lesson from their mistakes, because they have repeated those mistakes before and they know if they fail..... governments will use taxpayers money to bail them out.
3971  Economy / Gambling / Re: Moonbet - Become the Owner of a Crypto Sportsbook & Casino on: July 30, 2021, 06:43:10 AM
This is similar to what Freebitco.in is doing with their FUN token.  Roll Eyes   I wonder if this is going to become a trend in the online gambling community for casinos to develop their own token for "investment" options?

I for one.. do not really invest in tokens like this, because the only "use case" for this is the casino where you are gambling and not on a broad range of casinos. (Bring me a token that are widely used on several casinos and I will gladly buy a bunch of them, because I know there will be a huge demand for them)  Wink
3972  Bitcoin / Bitcoin Discussion / Bitcoin is bad / Bitcoin is High risk .... well what about Archegos? on: July 30, 2021, 05:46:10 AM
We hear this every day...... Shills and competitors and Crypto haters spewing FUD on the Internet.. telling everyone that Bitcoin is "Bad" and that it is a "High Risk" investment or their favorite.... Bitcoin is a Ponzi scheme/Bubble that are going to burst soon.

The skeletons in the cupboard of the FIAT Financial System are piling up and we see one of them in the form of the Archegos scandal! ( USD20 billion in liquid assets losses) --- So where did they get the money to invest... Answer : Banks !!! (Our Money)

Nomura reporting losses of USD2.9 billion and Credit Suisse taking a USD5 billion (approx.) hit. Morgan Stanley and UBS also had some losses.

Archegos was not a hedge fund..... It was a single family office, run by one individual. Why did Banks give money to such a risky financial operation? (Question is ..... Can we trust Banks to make the best decisions with the money that we deposit?)

You thought your money deposited in the Banks are the safest option? Guess again........  Roll Eyes

Sources : https://www.hedgeweek.com/2021/05/05/299729/archegos-collapse-shows-what-can-happen-when-leverage-misapplied

https://www.bloomberg.com/news/articles/2021-03-30/a-glossary-to-understand-the-collapse-of-archegos-quicktake

3973  Bitcoin / Bitcoin Discussion / Re: Bye Bye Bitcoin on: July 29, 2021, 05:32:03 PM
The funny thing is.... these Fiat slaves (media shills) are more than willing to accept that a government "promise" to validate the worth of a piece of paper are worth more than a technology that are not manipulated by any government or centralized entity.  Roll Eyes

When I ask "gamers" if they think a "skin" for a game has any value, they quickly say "YES" !!!..... but ask them if a Bitcoin (code) has any value.. then suddenly it has no value. (I think a lot of gamers are still butt hurt that GPU prices increased... since Crypto mining are using GPU's to mine Crypto)

So what I am trying to say is this.... Your opinion on Bitcoin's value comes from your agenda towards this technology. (Most gamers hate Crypto because it pushed up the prices of GPU's and most Fiat slaves hate Bitcoin, because it introduced a viable competition to the only thing they know.)  Wink
3974  Bitcoin / Bitcoin Discussion / Re: The Banking senate hearing (at one point hinting at going after code commiters) on: July 29, 2021, 12:53:03 PM
What are they going to charge them for?.... that is the big question. Remember ...Satoshi Nakomoto committed a fully functioned code for the Protocol and the other developers just tweaked the code to be more representable to the coding community, because Satoshi Nakamoto's code was sloppy.  Wink

Also, Open-source projects like this has anonymous contributors ..... and then well known developers like Gavin Andresen and Mike Hearn.. so are they only going to go after the known developers? (Will this not force future developers on Open-source projects to go fully anonymous in the future) ..... this will backfire badly for them.  Grin

The Banks are looking for some kind of retribution for the "red face" humiliation it received for being the reason for this whole experiment. (Satoshi Nakamoto did this to give them competition and to remove their hold on people's wealth)
3975  Economy / Gambling discussion / Re: Gambling ombudsman - do you feel protected? on: July 29, 2021, 11:22:43 AM
I really feel a Gambling ombudsman will be a waste of time, because this organization will only have jurisdiction over certain countries and most of these countries are already covered by their own laws. What we need.. is someone reputable in the industry that can audit casinos independently to see if they are profitably fair.

A lot of butt hurt gamblers that lost money, will lodge complaints with this so-called ombudsman and the complaints will pile up and it will take months to resolve some of these issues. Who will fund a gambling ombudsman to handle these complaints and will their jurisdiction cross country borders?
3976  Economy / Gambling / Re: Bitcasino.io 💜 — Bitcasino.io Olympics 2021 🥇 on: July 29, 2021, 07:08:01 AM
Hi, Karl...

Just wanted to pop in and say Thank you for adding "xWays Hoarder xSplit" ... man did I get hung up on this Slot.  Roll Eyes  I went full degen on this one, because I am crazy about Post Apocalyptic or dystopic themed Slots and movies.  Roll Eyes

I tried my best to hit the "King of Waste" feature, but I did not even come close. (One day I will hit that 11,030x multiplier)   .... I just loved the symbol removal and sticky xWays that was brought into this game... just adds to the excitement.  Grin

This one might just kick my two old favorite Nolimit City Slots (Fire in the Hole and San Quentin) in the butt.  Wink

3977  Economy / Gambling discussion / Re: Motivated by "breaking the code" on: July 28, 2021, 06:45:34 PM
I think it is human to "challenge" authority or a someone with power..... or something that are difficult to win. The "House" always win is a challenge that are created to motivate people to conquer it.... and a small percentage of people can achieve that. The reason why the "house" always wins... is because people do not stop gambling after they win.... they just play on and deposit again.

You cannot see the "code" .... but you know there is a machine (algorithm) that are behind that code... and you want to challenge that machine to see if you can out smart that "machine" .....(in our mind, humans must be better than machines)  Roll Eyes
3978  Economy / Gambling / Re: Stake.com - Watford FC Main Partner - UFC Betting Partner - $1M Race II ⚽ 🥊 on: July 28, 2021, 01:32:42 PM
Stake is following good example of Sportsbet so can we expect to see some free giveaways of those new Watford t-shirts for forum members?
Maybe we can have some competition in forum and best member predictions could win or twitter giveaway for random participants.

It is very rare to see promotions from Stake in this forum, so if it they are going to give away some Jersey then I think they will do it on their own dedicated forum. It is reasonable if they do it in their own forum because the number of participants is bigger as we can see on most of their forum challenge and giveaways. It is obvious that it would be nice if they can do the same thing here in bitcointalk so we get more chance from two different forum.

This Forum have WAY more users than their local forum, so if you want to target new players, you will have to market it on a platform where you do not have existing players too. Stake gets FREE exposure to loads of "new" players, by simply posting it on Bitcointalk and a lot of the existing players also lurk around here.

Now I would like it if more merchandise could be given on Bitcointalk competitions and promotions... because it is very in demand on Eddie's Stream or when the mods are Streaming.
3979  Bitcoin / Press / Re: [2021-07-23] Tesla (TSLA) CEO Elon Musk Again Moves Crypto Prices on: July 28, 2021, 10:56:42 AM
Why are you guys so negative? Elon Musk could have said something very bad about Bitcoin and it could have tanked even further. He said .."Bitcoin has potential" and that they are still invested in Bitcoin (SpaceX) and it definitely had a positive affect on the market.

Someone should really educate him on the "Lightning Network" and how that solved the "transaction speed" issue, because he obviously has not seen it or used it. Cmon, guys..... he was the pioneer in Paypal ffs..... he knows what he is talking about.  Roll Eyes
3980  Economy / Speculation / Re: BTC is growing, great, however it's still extremely cheap! U need diamond hands! on: July 28, 2021, 09:39:40 AM
You say... "the whales are still lurking in the deep waters" ....but I beg to differ, because these guys are Orca's!!... they are calculated killers that are working in a pod together to kill of the competition and all the small fish and even members of their own pod.

Let's not forget how these Orca's colluded together to trap one of their own and then triggered a massive sell off that brought us to where we are now. (From $60k to $30k in a few weeks)  Angry

We need to have diamond hands to keep the coins out of the Orca's jaws ... because that gives them power!
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