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4161  Bitcoin / Bitcoin Discussion / Re: We don't do it in Bitcoin! on: October 18, 2020, 06:01:27 AM
Aren't there any metal detectors on airports?How did he bypass the metal detectors(or maybe he didn't)? Grin
Can't metal detectors detect gold?Is this guy really dumb,or yes he is so dumb?So many questions... Grin
Maybe he isn't tech savvy and he can't use a computer,so that's why he isn't using Bitcoin instead of gold.
Anyway,I wouldn't stick anything valuable in my ass,even if the tax rate is 50%,not 18%.

4162  Alternate cryptocurrencies / Altcoin Discussion / Re: Is there any Crypto with stable change and good trading volume? on: October 17, 2020, 11:46:21 AM
Is there any Crypto with stable change and good trading volume?

I just want to know if is there any good crypto currency on binance with a good trading volume and a stable change which means that that currency does not fluctuate too much and it is cheaper too like dogecoin? Also if that crypto recovers fast then it will be really a gold mine

IMO a stable coin is what which does not fluctuate much or remain stable in terms of profit, for example if a coin traded yesterday in 28 cents high, 20 cents low, then today it is trading in 26 cents high, 18 cents low which means that the profit is always stable, we don't need to be worried about that we will lose much if we lose any trade.

"Stable change" sounds like nonsense to me.Change is never stable. Grin
If you are searching for an asset that "guarantees" predictable profits,then the cryptocurrency markets are NOT the right place for you.
If such stablecoin with predictable profits existed,all the traders would just buy this coin and leave all the other altcoins.The price of this coin go thru the roof and eventually collapse,because price growth on volatile markets is never stable.
4163  Economy / Trading Discussion / Re: FREE advice for exchanges to make crypto trading easier on: October 17, 2020, 11:27:11 AM
People who are newbies into the crypto trading world might get confused,but they are not retarded.
Anyone with an IQ above 90 can understand how a crypto trading platform works and what are the trading fees.Many big crypto exchange platforms don't support small local fiat currencies,so adding such local currencies just to satisfy a really small amount of users is not worth it for the cryptocurrency exchange platform.
4164  Economy / Economics / Re: Money Supply Growth Has Never Been As High As It Is Today on: October 17, 2020, 06:21:25 AM
This money supply growth will lead to inflation only in the US stock and asset markets(in the form of price bubbles).Consumer inflation in the USA will most likely stay low at around 2%.
Gold price might hit the moon(above 2K USD),but I have doubts that Bitcoin will follow that trend and hit a new ATH.At some point,the FUD "machine" will start shitting over Bitcoin and the BTC price will hit a wall.
4165  Bitcoin / Bitcoin Discussion / Re: clearly we see btc price gaps getting longer and less traders on: October 17, 2020, 06:06:17 AM
Some crypto exchange platforms were closed because the business of running a crypto exchange platform got really saturated.Many altcoins were de-listed from crypto trading platforms because they were pump& dump shitcoins.Removing pump&dump shitcoins from the markets is actually good.
I don't know how did you came up to the conclusion that the crypto markets are running out of fresh money.
Most of the crypto traders lose money and give up,but that is completely normal.Do you think that most of the forex traders are making money?98% of them are losing money.That's how day trading works.You will have to lose money and gain experience and knowledge,before you make money.
4166  Bitcoin / Bitcoin Discussion / Re: How would you promote bitcoin if you were Jack Dorsey (twitter's big boss)? on: October 17, 2020, 05:48:28 AM
He's already promoting Bitcoin,but his promotion doesn't get enough attention.
I mean,he's not Elon Musk or Bill Gates.He's not that famous so the mainstream media doesn't care about him and the majority of the people simply don't know who Jack Dorsey is.
The guy owns Twitter,he could use Twitter Ads and promoted posts to promote Bitcoin.Dorsey owns Square Inc. as well.If Square adopts crypto payments,that would be a massive step for Bitcoin/cryptocurrency promotion.
4167  Bitcoin / Bitcoin Discussion / Re: The Best Bitcoin Banks of 2020 on: October 16, 2020, 12:44:09 PM
I've never heard anything about the so called "Bitcoin-friendly banks" in your list.
The whole purpose of Bitcoin was to never use a bank again in your life.Now everyone is just talking about whether or not the banks will accept Bitcoin.Maybe that's why Satoshi left the BTC community-too many centralized third party solutions and services on top of the Bitcoin Core blockchain.
4168  Bitcoin / Bitcoin Discussion / Re: SATOSHI !!! IS THIS LEGIT? on: October 16, 2020, 12:35:30 PM
Quote
- As I said, for me personally I don't really care who Satoshi is.. rather I care for what he cared about us leaving behind his idea...
Bitcoin

The rumors about Paul Le Roux being the man behind Bitcoin were discussed a few years ago.This is old news and you shouldn't waste your time posting this on the forum.
Nobody knows why Satoshi left the Bitcoin community.This will remain a mystery until the end.
If you really don't care who Satoshi is,then why are you posting such threads?
4169  Other / Archival / Re: Potential shortage of bitcoins? on: October 16, 2020, 12:11:32 PM
There's no sch thing as shortage or deficit when it comes to Bitcoin.If the price goes up,more HODLers will be convinced to sell their BTC,therefore market shortage cannot be created.
A hypothetical market shortage or deficit can be created only if there are no active sellers on the market,which means that the BUY orders on all crypto trading platforms cannot be fulfilled at any market price.
4170  Economy / Economics / Re: The only thing goes up is debts! It’s inevitable! on: October 16, 2020, 06:56:42 AM
Debt goes up
Misogynist skyrocket due to lock down, (prove me wrong otherwise)
Stock market goes up (according to trump it’s going up everything is good for himself only)
Fenimazi definitely on the upward trajectory
Incel also shooting up thru the roof???
What’s even good compare to 2008??? No lock down in 2008.

So you find a correlation between increasing debts and misogynists,incels and feminazis?Interesting...
This topic should be a subject of a really complex study conducted by sociologists,economists and psychic doctors.I can't find a correlation between the things you mentioned.
The only correlation is that increasing debt really pumps the stock prices(which is market distortion,rather than actual growth).This debt builds price bubbles,which will eventually burst some day.
4171  Bitcoin / Bitcoin Discussion / Re: Why do mixing companies want stolen bitcoins? on: October 16, 2020, 06:38:10 AM
I'm not going to talk about those who use mixing companies just for privacy, but for those that use it to launder their money. Mixing companies mix people's bitcoins by giving them other funds that are not address connected with the stolen ones. This way, the thief can use his bitcoins without worrying about anything. (Although, he has to trust the mixing company)

As a fee for this procedure, mixing companies charge their users an amount of coins. I think they pay analogously of how many coins they want to mix. Anyway, here's the question:

Why do mixing companies want stolen bitcoins? Don't they get tracked by the FBI? Even if 1 bitcoin is stolen, it can be tracked. What do they do it after they receive it? Do they sell it for monero?

First answer:Because this is their "target market" and scammers/hackers are the main customers of mixing services.
Second answer:They actually "don't want" stolen bitcoins and they don't have any legal responsibility for the coins mixed by using their service.Bitcoin mixing is still legal,but the users who are mixing stolen bitcoins are the ones committing a crime.The Bitcoin mixer isn't responsible for any illegal activity committed by other people.
This is just my theory,I might be wrong.
4172  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Covid 19 on: October 16, 2020, 06:19:48 AM
I am a businessman, I get a lot of income from my business, and I leave the world of trading, bounties and investing in crypto.  But after Covid came today, I decided to return to the crypto world, and I hope to have a good profit here.  what if i invest my business in bitcoin? is bitcoin still good?

Dude,are you using Google Translate?
1.Income doesn't mean profit.I guess you mean that you get a lot of profit from your business.
2.COVID didn't "came today".COVID came on January 2020 in China.
3.You can't "invest your business" in Bitcoin.You invest money in Bitcoin.
Yeah,Bitcoin is still good,if you want to just buy and HODL.I don't recommend you to start trading cryptocurrencies again.
4173  Economy / Economics / Re: Can a new $2 trillion bill bring back the US economy to pre pandemic levels. on: October 15, 2020, 11:57:27 AM
According to Brookings Institute if the US government passes a $2 trillion (stimulus) bill, then there’s a good chance that they can revive the US economy to pre pandemic levels by mid 2021. However will the US government actually approve such a huge stimulus bill?, and what happens if it fails to revive the economy then how will they fix it?. Lastly what do you’ll think about this huge stimulus bill should the US government actually approve it.?

Source:

https://money.yahoo.com/coronavirus-stimulus-a-2-trillion-bill-would-bring-the-us-economy-back-to-prepandemic-path-in-2021-brookings-finds-210605554.html

The US government will have to approve a new 2 trillion dollar stimulus pack,because there's no other option.
Will such bill revive the US economy on pre-pandemic levels?It depends on how the pandemic will continue to spread inside the USA.If the lockdowns return and small and medium-sized businesses close again,then the answer is no.If the pandemic begins to slow down(which is highly unlikely to happen) and there are no lockdowns,the stimulus pack will revive the US economy.
4174  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency: US Election 2020 on: October 15, 2020, 11:36:29 AM
Well, considering Trump has a particular anti-crypto stance, I think a Biden win would be a head-up for cryptocurrency

Trump isn't anti-crypto,he doesn't care about cryptocurrencies,I know that he had several statements about Bitcoin,saying that BTC has no value,because it is created "out of thin air",but despite those statements,Trump just doesn't care about cryptocurrencies.
On the other hand,there's no clear evidence that Biden is pro-crypto.
Anyway,the US presidential elections might have some positive impact over the BTC price,but the impact will be only short term.
4175  Economy / Economics / Re: Bitcoin Holding in Companies on: October 15, 2020, 06:34:48 AM
Great infographic.
I've heard news about crypto companies like Coinbase and Nexo,which are about to launch their IPOs and become public.Maybe they will join this list too.
The first step is companies outside the cryptosphere to buy more Bitcoins.The second step will be actual crypto companies to launch IPOs and get their stocks listed on Wall Street and other stock exchange markets around the world.Perhaps this is the way for fiat and crypto markets to merge into one market.
4176  Other / Archival / Re: Everything You Ever Wanted to Know About Bitcoin Mixers on: October 15, 2020, 06:15:04 AM
This is basically a guide for all the people,who want to mix their bitcoins before sending them to their darkweb marketplace BTC address,so they could buy illegal stuff on a darkweb marketplace. Grin
Like I've said before,if you want to use a Bitcoin mixer,you have something to hide.If you have something to hide,then you must be doing something illegal. Grin
Anyway,I don't judge anyone.Everybody can perform legal or illegal activities at his own risk and most people,who perform illegal activities must be aware of the possible consequences.
4177  Bitcoin / Bitcoin Discussion / Re: Russia blocks localbitcoins on: October 15, 2020, 05:55:56 AM
That news didn't come as a shocker though! Russia was always an anti-crypto nation like any other communist countries and they have already declared cryptocurrency as not a legal tender long back. So it was no wonder that they would eventually block trading in their country, which has now come into effect! I understand people can still use it through VPN, but a large percentage of population will be effectively discouraged before using localbitcoins now because common people usually don't want to break laws. The only hope is that, we have some other platforms like Paxful or Bisq which may come into rescue at this point!

But if I look for a long term perspective, Russian government will eventually declare cryptocurrencies as illegal. At least the trend is showing this way! It seems like Russian government will ban it in a stepped-up measure.

Paxful is basically a scammer marketplace and I was really disappointed by their service.Look at Paxful's Trustpilot score and reviews and then look at Localbitcoins reviews and score on Trustpilot.Localbitcoins is way more legit than Paxful.
I've never heard about Bisq or Hodlhodl.
Anyway,I assume that Russia will ban all the P2P crypto exchanges,since the service which they offer is basically the same.The Russian government doesn't want capitals to get exported outside Russia and cryptocurrencies are an easy way to export money outside the borders.
 
4178  Bitcoin / Bitcoin Discussion / Re: JPMorgan Chase bank backs Square's $50m Bitcoin investment on: October 14, 2020, 12:00:47 PM
Quote
Other payment companies will also likely follow in Square's footsteps or risk getting shut out of a growing segment, the JPMorgan analysts wrote.

This sounds like nonsense to me.There's plenty of space for other companies to invest in the crypto industry.
The risk of "getting shut out" is totally fake,if you ask me.There aren't any "market barriers" in the cryptocurrency world(except KYC,but the fiat payment processors already have experience with KYC policies).
Maybe the analyst is talking about a possible crypto price boom that will benefit the early investors,who bought cheaper coins,while the companies,which are investing too late will have to buy coins at a higher price.
4179  Economy / Economics / Re: Show me shops where i can spend crypto ...crypto is useless... on: October 14, 2020, 06:25:28 AM
Show me shops where i can spend crypto ...

crypto is useless...

type "buy with bitcoin" on google search and you will not find any major retailer using bitcoin or other cryptos

So what's the point of crypto if i can't use it to buy stuff ?

What do you mean by "major retailer"?Amazon,eBay and Walmart?
Well,the discussion about why the major tech giants like Amazon and eBay aren't accepting crypto is going to continue forever.If you ask me,Amazon and eBay will never accept crypto payments,because there's no need for them to accept crypto payments-the costs will be more than the benefits.
Anyway,there are many small and not-so-small companies that accept crypto payments(most of them were mentioned on the previous posts).
If you are so disappointed by the cryptocurrencies,then don't use them and get a credit card.
4180  Bitcoin / Bitcoin Discussion / Re: Stone Ridge joins growing list of companies acquiring BTC, bought 10,000 BTC. on: October 14, 2020, 06:05:49 AM
Quote
What do you think about the current trend?
Will it help improve on how the rest of the world perceives about bitcoin?

Just because a few companies decided to buy Bitcoin,that doesn't mean that a trend is created.
We should call this 'a trend',if more than 100 big and medium-sized companies buy BTC.
I respect every company and business owner,who decided to buy Bitcoins in this recession.
The global financial situation might get even worse in 2021,negative interest rates aren't stimulating the economy,so hoarding Bitcoins might not be a bad move at all.
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