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3981  Economy / Trading Discussion / Re: Huge crypto scam that happened last year(2021) on: January 12, 2022, 09:41:13 AM
If there is a common denominator for all of these scam then it is the greed of investors and the people’s attempt to make a quick profit by exploiting the good reputation of a series or movie without researching in depth whether that coin/token/DeFi represents a good investment or will it offer something new (other than the name), which will later prove that the movie or series is not have to do with it.

All the above operations are not considered real scam, but rather stupidity on the part of the investors and their lack of experience.

Real Scam comes from a trusted party and no one doubts his intention to defraud, and then everything disappears.


Scam mentioned first can be avoided, but the second requires intelligence and caution.
3982  Other / Beginners & Help / Re: Make your plans and follow it, the year has started running already on: January 12, 2022, 08:19:32 AM
Sometimes it is better to wait and do one transaction than to repeat the same small trades.

If you buy a large amount of BTC when price crash by (more than 60%) and keep it for several years, it is better than buying a fixed amount of equal value for the same period (DCA)
In investing, sometimes it is illogical to be a good thing, but always the lack of knowledge, experience and learning makes you lose faster.

Therefore, your biggest investment should be in knowledge and learning new ways to invest.
Then comes learning from mistakes, determination and perseverance to achieve a goal.
3983  Other / Beginners & Help / Re: multi-chain blockchain ecosystem is risky on: January 12, 2022, 07:47:11 AM
Although the problem is not serious at present but if DeFi applications continue to add more and more PoS-based good-for-nothing chains in the mix, at one stage it will become cheap to exploit the cross-chain applications because attackers only need to exploit one of the chain to disturb the settlement contract.
This is a good point, a lot of people are looking for APY rather than the real value over ROI.
Bitcoin is POW, which means 1 bitcoin will still be 1 bitcoin but the value will be higher than currencies that generate money from money with very low value.

I think the recent Polygon hack[1] is proof that multi-blockchain platforms, and a lot of DeFi are really decentralized and worse than centralized platforms.

[1] A Hacker Stole $1.6M After Exploiting a Polygon Bug
3984  Other / Meta / Re: Merit Generation by subgroup using Ratimov's data on: January 12, 2022, 07:19:25 AM
I think you can get more information here ---> https://public.tableau.com/app/profile/ddmrddmr/viz/BitcointalkMeritDashboard and you can ask @DdmrDdmr If what you are looking for is not there.
But why are you interested in knowing how much merit a subgroup generates? Do you want to be a merit source or try to post in  subgroups with higher Merits (possibility of getting more merits).
3985  Other / Meta / Re: Bitcointalk Traffic Stats on: January 12, 2022, 07:04:21 AM
The above data cannot be accurate. I also believe that paid analytics services will give more accurate results.

The forum’s policy to allow connection by VPN and focus on privacy makes geographical data inaccurate.
Perhaps analyzing the data provided here ---> https://bitcointalk.org/adrotate.php?adstats will give us more accurate results although I think what matters is the number of logins using unique IPs which is the approximate number of beginners who join us.

I remember a while ago that most of the traffic to the forum was from YouTube, so did the impact increase after the channel was launched?
3986  Other / Archival / Re: Why you should quit bitcointalk.org for endfb.com on: January 11, 2022, 04:01:53 PM
It's the first time I've seen someone want to go to war against Facebook and ask people to create a page with it.
I don't know but the only thing you might succeed at is selling the domain name at a good price and someone might buy it but you will fail if you try to promote it, especially with your contradictory style.

Quote
You must have a debit/ credit card or PayPal to run one or more Facebook ads.
You must have a Facebook page or create a new one.
Run the advertisement for the minimum amount of time. (24hours)
The advertisement has to be approved by a Facebook Moderator.
Be smart and flexible when a Facebook moderator makes rules and conditions.
Source --> https://bitcointalk.org/index.php?topic=5265219.0
Now you are trying to fight against Bitcointalk by creating a topic here (on Bitcointalk.)  Huh

3987  Bitcoin / Legal / Re: 3-party payment processors need to report transactions more than $600 to the IRS on: January 11, 2022, 03:50:17 PM

The public authorities would like to be able to control all the payments and all the money, but they are not going to be able to do so.
The tax decision targets these companies more than individuals, as they are turning into central banks, especially with the amount of cash they own, the resources and data they have, which makes their influence on individuals more than governments.
I did not review the decision in detail, but it seems that the government has begun to move towards multinational companies or those operating in several countries in order to control the money supply and pay more taxes.
3988  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Speculation about biggest airdrops of 2022 on: January 08, 2022, 10:13:12 AM
There will be no speculation about the best airdrops because all the data will be presented randomly, you first need to define "biggest airdrops " word and then compare the performance of several airdrops (random results need to be guessed) and then compare these results with each other (other results are random from random results) and from Then increase the percentage of the result to bees on reasonable reliability.

Also, airdrop is not something special as it was in the past, and this year may see altcoins drop to strong levels so it is difficult to guess at the end of the year.

3989  Alternate cryptocurrencies / Altcoin Discussion / Re: Advice on what to consider when making an investment ? on: January 08, 2022, 09:47:37 AM
The answer depends on the nature of the investment, investment period and the risks that you would like to delve into. Let us take, for example:

If you want a medium-risk investment for a long time, then you should look for:

 - Developer Team: The more active the developer team, the more developed the currency.
 - Adoption and decentralization: the greater the adoption and the greater the decentralization, the better the project’s growth in the future.
 - The core problem that has been solved: Unless the project is a solution to a real problem, it is useless.

If you are looking for high-risk volatile currencies in a short period:

 - Supply and demand: directly affect the price
 - Listing news on exchanges/platforms.

Also, the number of tokens in the distribution, the target price and the first buy price may not be accurate to get good profits.
3990  Other / Beginners & Help / Re: My 5 months newbie experience on: January 08, 2022, 09:28:51 AM
I hope that Merits are not the criterion for effort or the purpose of creating posts/topics but rather knowledge and learning. Upgrading this forum does not mean that you will get a university degree, but if you learn better, in a short period you will have enough knowledge to raise more money than signature campaigns.

Also, getting these Merits does not necessarily mean that you are diligent or your posts are of high quality, but rather that you are a natural user trying to learn as it will not be difficult for the average user to collect a one Merit daily.
3991  Other / Beginners & Help / Re: multi-chain blockchain ecosystem is risky on: January 08, 2022, 09:14:31 AM
The reason for using wrapped tokens is often the cheapness of fees, but it is a useless argument since the Bitcoin fees are currently low and the risks are high:

 - You need a gate to convert those coins back to Bitcoin.
 - Centralization of these networks is either as easy of double-spending (Ethereum classic[1]) or all nodes are centralized (Binance smart chain[2].)
 - Not all platforms and sites are accepted them.

Therefore, there is no theoretical reason to use it now, nor if there is a necessary reason, you should not use WBTC on Ethereum blockchain


[1] https://www.coindesk.com/ethereum-classic-attacker-successfully-double-spends-1-68m-in-second-attack-report/
[2] BSC has 21 active validators which making it too centralized.
3992  Other / Beginners & Help / Re: [NEWBIE] What To Do To Avoid Red-Trust. on: January 08, 2022, 08:53:47 AM
Sorry, but why does this topic talk about signature campaigns indirectly? The purpose of joining the forum should not be to participate in these campaigns, but rather to educate and develop yourself, so getting negative trust will not affect that.

Personally, I did not read the topic in detail, but all the points talk about the focus of "How to make your account meet the minimum requirements for signature campaigns", but it was not mentioned how to develop oneself, not to create duplicate topics, report spamming and other useful activities for the forum.

Generally, trying to create more of these topics would be a waste of time as it is rare for beginners to read them.
3993  Other / Beginners & Help / Re: Learning of Bitcoin talk on: January 07, 2022, 09:18:57 AM
Don't take things too seriously. It's a forum for exchanging bitcoin related discussions and ideas (even if it's stupid). You need to comply with the forum rules[1] and you'll be fine.
Joining signature campaigns or getting paid work requires some time (a certain rank) and therefore the more you learn and ask correctly, you will not have problems in promoting or obtaining merit points that help you rise.

The most important thing is knowledge, the more that knowledge, the easier and faster you will get money.

[1] https://bitcointalk.org/index.php?topic=703657.0
3994  Economy / Currency exchange / Re: Blader's Currency Exchange (BTC, LTC & Others) on: January 07, 2022, 08:54:55 AM
You may be able to speed things up if:

 - Prove that you are a trusted member of one of the P2P trading sites, for example LocalBitcoins[1], Paxful[2], Localcryptos[3].
 - If you put money in escrow, you can check bitcointalk trusted escrow members[4].
 - Prove that you have previous experience and enough cash to ensure that you will not deceive anyone.

Finally, you will need to make the fees zero or as low as possible and after you gain enough trust you can increase them.
It is a long-term process and takes some time.



[1] https://localbitcoins.com/
[2] https://paxful.com/
[3] https://localcryptos.com/
[4] https://bitcointalk.org/index.php?topic=2439910.0
3995  Bitcoin / Legal / Re: Excessive hold time on: January 07, 2022, 08:19:22 AM
Do you just have to file a grievance with the bank to get your money back out of these guys? I understand they want to hold the money until it clears the bank, but then 21 days of no access to your money
Can someone tell me what the user is trying to say? I have not heard of the hypothesis of holding money in the bank for 21 days.

The maximum period in which the bank can seize your money here is 3 working days.

If there is a financial problem, the time extends to a week or two as a maximum, unless there is a court ruling or a decision from the police or the financial department.

In general, if the matter is related to the inside of the bank, it is difficult to prove, but if it is between the banks, it is very easy.
3996  Bitcoin / Bitcoin Discussion / Re: Michael Saylor and bitcoin on: January 07, 2022, 07:59:16 AM
After reading the comments above, I began to understand that his videos may not be suitable for beginners or for someone with a weak financial background or far from investment.
In fact, I did not hear many of his videos because I like to hear people who have a negative view of Bitcoin, but what distinguishes of Michael Saylor is that he does not talk much about altcoins and quick profit, which is something you rarely find in YouTube channels.

aantonop's videos are good but somewhat technical and not for someone who is a beginner and wants to invest.
3997  Alternate cryptocurrencies / Altcoin Discussion / Re: Where to buy and sell NFT? on: January 07, 2022, 07:27:32 AM
With high gas fees, most of the options above have become useless or for the art class who wants to sell their business for millions of dollars.
There is a second option, which is the use of central markets, but it is against the idea as a whole.
I've found some markets with low liquidity but multi-blockchain where you can choose between Ethereum, BSC and Polygon.

https://rarity.garden/: multi-chain infrastructure platform, focusing on the creator economy. (Source)
3998  Bitcoin / Legal / 3-party payment processors need to report transactions more than $600 to the IRS on: January 07, 2022, 07:05:43 AM
The new ruling specifically targets businesses that accept payments through Venmo and other that don't report income on their.
Third-party payment processors as Venmo, PayPal and the Cash App will now have to report transactions totaling more than $600 to the IRS.

Previously, these services were required to submit 1099-K forms[1] to users if their total income exceeded $20,000 or they had more than 200 transactions per year.

Quote
Beginning Jan. 1, 2022, third-party payment processors were required to  report such transactions. Though businesses were always required to self-report such incomes to the IRS, many often did not keep record of their smaller transactions.

The new rule is only for goods and services transactions, not personal, such as paying a roommate for rent or reimbursing a friend. It also excludes anyone selling a personal item at a loss, such as a couch bought for $700 and sold for $650.


Quote
The new tax rule is separate from a proposed IRS reporting requirement that originally would have handed over transaction data on accounts with more than $600 aggregate inflow and outflow. That proposal, originally part of President Biden's Build Back Better plan, was raised to a $10,000 threshold after much pushback, and has not yet been acted on by Congress.


Source ---> https://www.dailymail.co.uk/news/article-10372327/Venmo-PayPal-Cash-App-report-transactions-totaling-600-IRS.html


[1] https://www.irs.gov/businesses/understanding-your-form-1099-k
3999  Economy / Service Discussion / Re: Mozilla says they'll accept Bitcoin & crypto donations on: January 07, 2022, 06:53:21 AM
Which make me agree with what NeuroticFish said regarding this and OP, they just taking the opportunity.
The reasons that were mentioned did not seem convincing to me, so I decided to dig a little deeper and see what I found.

Mozilla co-founder Jamie Zawinski tweeted:

Quote
"Hi, I'm sure that whoever runs this account has no idea who I am, but I founded @mozilla and I'm here to say fuck you and fuck this,"

 "Everyone involved in the project should be witheringly ashamed of this decision to partner with planet-incinerating Ponzi grifters."

also, Peter Linss (designed the Gecko browser engine used in the Firefox browser)

Quote
"Hey @mozilla, I expect you don't know me either, but I designed Gecko, the engine your browser is built on," Lines tweeted. "And I'm 100% with @jwz on this. What. The. Actual. Fuck. You were meant to be better than this."

It seems that the problem is either related to a misunderstanding on the part of many of the project developers, or that they have other investments (such as investments in the environment or the banking sector) that may be affected by Mozilla's acceptance of cryptocurrencies.

In general, the societal discussion ("important discussion" about the environmental impact of digital assets) is not intended for ordinary people but rather the founders.

Read more and sources
4000  Economy / Services / Re: No 1 Cheap Essay Help & Writing Service on: January 07, 2022, 06:39:05 AM
You will not find a good article service at a cheap price, but you will determine the quality of writing and then whether it is worth that amount or not.

The forum here is multi-country, so in what language would you like these articles? The nature of those articles? The technical and scientific level? Where do you want to post it? All of these factors may make the price different.

Therefore, you must specify all of these things accurately and ensure that you can pay or deposit money upon guarantee and then you will find some serious offers.
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