Hahaha, reverse-sanction by Putin. Every person who says that Russia is "not relevant" base their analysis through GDP denominated in the U.S. Dollar. BUT the truth is, Russia is the source of 17% of the global supply of Natural Gas, 11% of oil, 11% Wheat, and I believe one of the largest sources of Palladium and fertilizer.
...Also 5% of global nickel production. On the oil and gas topic, it's a "reverse sanction" only for medium term. If the current status remains for long, then it will force: * infrastructure development towards other suppliers (hence on the long term more competition and maybe lower prices) * infrastructure development for increased use of greens energy (maybe more nuclear plants, maybe more hydrogen, clearly more solar, wind and hydro) I fear that this war can easily turn into a years long guerrilla war in Ukraine, I fear that this war can easily go farther, engulfing more countries, I fear it can easily turn into WW3. All these scenarios would mean that much more infrastructure will need built or rebuilt.
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Well the Ruble is now dead
It would be the ultimate irony they'd start using Hryvnia. I suppose you could trade it for BTC, but who in their right mind would take something that will probably be worthless for something that has value.
I find all the "bitcoin saves Russia" part a highly overrated dream of the (imho) new bitcoiners. The thing is that, as you said, nobody sane would sell bitcoin for rubles. And those who really have money, they have euro, dollars, maybe yuans too, probably also not under their name. So whether they change into bitcoin or not is completely unrelated to the sanctions.
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And obviously also reset the HW (enter wrong PIN 3 times). Maybe even reinitialize it for an empty wallet and reinstall at least the bitcoin app. If the display isn't working or you can't see what you are entering, it will become difficult to reset it that way. Clearly, it depends how big the damage is. This display is also broken, but you can still see enough for doing a reset. On the other hand, if it's completely black and one also had really big funds there, indeed, best is scraping the HW and buying another (maybe from another maker), so he doesn't get his funds and home address exposed, even if he moved the funds away. So it depends... one has to take the decision for himself; all we can do is come with ideas.
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So you mean that this scam exchange is developed by him ?
Not many people are that much capable.
It may be him who has developed it, or, why not, he may be hired* (in a way or another) to "scan" the forums and lure some greedy newbies into the scam. * i.e. got promised some money from the steal.
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Is it even recommended to send them back to them for faulty device replacement though?
First set up a cold storage (with properly checking the new seed and addresses, with proper backups of the seed) and transfer your funds there. And obviously also reset the HW (enter wrong PIN 3 times). Maybe even reinitialize it for an empty wallet and reinstall at least the bitcoin app. Then even if they insist in recovering your seed, the most they can get is an old transaction history, if anything. And yes, then I would not be scared to send it to them for fixing it.
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You think they've bought enough crypto before they started the invasion?
Do you really believe that they need crypto? They are still selling as we speak gas and oil to Germany, USA and a whole lot of other countries, and they're not even selling it cheap. Do you think they don't get paid for that, no matter the sanctions on TV? Gas flows, fiat flows, and the common people (some brain washed, some scared, some standing against the war, no matter, all of them), as usual, suffer.
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More details:-
OMG what a crap news site. I won't even mention it. They've twisted the "cards will be unavailable" announcement, which is clearly related to the fact those cards will basically become useless plastic just everywhere (as said, because VISA/MC stops them) into something that sounds like it would be Binance's fault. OP, sorry, you were misled. It would be a good idea to consider looking for better sources of information.
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All this crypto for evading sanctions by Russia is false drama, talking about peanuts. Russia doesn't need crypto to evade sanctions. As long as many countries still buy oil and gas from Russia, no matter the war, even fiat is flowing pretty muck OK.
And do you really expect the bigger whales from Russia have all their money in Russia? It's hidden in various countries, I'm sure. Do you really think they cannot hire somebody from any country exchange that money into crypto for them?!
PS. What Coinbase did was cheap PR in the face of the govt (they never cared much of bitcoiners, didn't they?)
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From what I've read/understood LN is using a pruned node and may be starting to check things too early. BitcoinD at startup does check its last nodes and may be slow (especially if from HDD) <-- just a guess. This issue to the one you've posted tells Workaround: Using a utilities waiting for bitcoind to be fully synched before starting lnd. (Using NBXplorer/NBXplorer.NodeWaiter in BTCPay) Maybe I'm completely off, but maybe it helps. I don't know. Good luck.
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this card is going to be target to countries that don't have access to the popular crypto cards that are available in the US and Europe.
We wonder if anyone outside of the US or Europe would be interested in owning one?
Crypto cards are a very easy way to spend the coins at most merchants and as long as the fees are reasonable, there should be a market for the product. But the regions not covered by the known crypto cards may also be sanctioned or have crypto illegal. One big area that comes into my mind is Nigeria, where crypto is now illegal. On the other hand, if you manage to offer non-KYC crypto debit cards, you may have a very big market as long as your services are reliable and the fees not too high. So how do you make a global Bitcoin debit card based on a network that doesn't exist globally? =)
Global is a nice and catchy word, but I think that all OP wants is to find some suitable niche market/area where he can get profit from, no matter it may be only one continent.
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Plus: wasn't a pruned node tied to a certain wallet and if you change the wallet you have to basically re-download? (Maybe I'm wrong with this, I didn't really use pruned node).
If you want to import a new key into your wallet, the software has to know its transaction history and for that it has to "scan" the blockchain. If it doesn't have the chain (like in case of a pruned full node) it has to re-download it. So I've remembered it correctly. Thank you very much! Also, then I'd say that quite probably OP, if using those "blockchain files", when he will put his own wallet there, he'll be basically back to square one.
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Yes, you are right, it's mobile data and it wouldn't favor me that way.
Do you realize that if you run a full node others will connect to you and there will be quite some data transfer (smaller because pruned, but still), also you will download each and every node from now on.. on your mobile data? As good as your intentions are, it doesn't look like a good idea (also I don't know how legit those files are, but that's a different story). Plus: wasn't a pruned node tied to a certain wallet and if you change the wallet you have to basically re-download? (Maybe I'm wrong with this, I didn't really use pruned node).
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I am a big optimist and hope to use their service again,if this issue gets sorted that is! I will create another thread tommorow with my full story with proof just too tiered to do it right now after having a session for 30-40h
You just lost all the trust and sympathy. From here onward I think that all you can prove is that you are trying very hard to make them seem legit. Seen that before, moving along...
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how much do you recommend investing in order to see an actual profit?
If the point is learning to trade my advise is to not go for too big amounts hoping for the profits. Trading is risky, the price goes up and down, and if you don't know good enough what you're doing you can too easily lose a big part of your funds. And losing (let's say) 20% of 127$ doesn't hurt as much as losing 20% of 1000$. For now get a spreadsheet, see bitcoin price growth in percents to see how much you would earn, study the fees of the exchange you're using, learn about stop loss, look on TA (technical analysis), see what news can be relevant for the price.
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Hey everybody!
i am totally new with bitcoin trading, and there is something i dont understand
today i took 127.1 USDT and used them to buy bitcoin at 39,479 than sold the bitcoin when it was on 39,525 $46 more, right? but i only got 126.8 USDT back
what am i missing?
thanks
Your math is way off. 45 USDT would have been the gains for 1 BTC. Since you've bought only 0.003219 BTC, the gain is comparably smaller: 0.148 USDT. And since the exchange you're using has some fees here and there, fees you didn't care to check, instead of gaining 15 cents you've lost 30 cents. Quite a cheap math lesson ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) thanks!
would it be too weird to ask - so how do you make money like that?? is it because i took this particular pair? USDT/BTC?
It's not about the pair, it's about fees and amounts. For such a small amount to play with you will have to wait for much bigger price differences to worth it. If my math is right if you sell after the Bitcoin price gained 150$ you will not lose; but not gain either. So you have to wait for even bigger (than 150$) price jumps for this kind of trading (scalping). If the jump is 200$, you may earn some 15 cents. Does it worth the hassle? Only if the point is learning.
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I can't withdrawal my money, when i go to withdraw fund and click it, i don't see options in which i can withdraw my funds a window pops that says : No available systems. Can someone help me please?
As I've written in the past to somebody who got scammed of some 2000 EUR there: Did you do some basic research about this website before playing so much money there? No? Why?! Unfortunately you're not the first one with problems there. And, since people never learn, you'll probably not be the last one either. All I can tell is that I'm sorry for you. Quite a costly lesson.
I am sure that from now on you'll look more carefully and use the services of websites with much better reputation.
All the information is already there. The related accounts are tagged as scammers. If you want help in getting your money back, then you have to ask the police, really. Sorry.
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I am looking to invest some BTC to generate passive yield on my collateral. What are the best techniques and places to invest and generate passive returns on BTC?
For allowing such things as "passive yield" you probably have to 1. convert your bitcoins into something else - probably altcoins althoough they sometimes are pegged to bitcoin and may look like they're bitcoin 2. possibly send out your money into others' custody This means that you are on the risks of the other coins and platforms from price fluctuations against bitcoin in some cases to vulnerabilites of those coins/chains/platforms. Even more, as you know, not your keys, not your coins. I will also add that if something looks too good to be true, you better stay away. So, as others said, I would not risk by bitcoins for some virtual pennies to earn. But what I'm telling is only common sense general stuff, I didn't risk my money to see about those platforms.
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The main condition for work is honesty and good internet. I'm willing to pay good money for help. Telegram - https://t.me/CryptorupartyIf you claim honesty you may want to start with escrowing the funds you say you're offering, especially since it's a brand new account you use. (Whoever wants to do the job, be aware!) Also it may be a good idea to tell more here about the job. It would ensure it's checked to not be illegal, it could be a better advertising for you too. Handling all this in private kinda gives too many chances that one of the parties will get scammed.
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Virtual, it is not a relevant and accurate word to use.
All money you transfer via bank system no matter by any tool are just figures on paper, on computer. You can not use the word virtual here because it is inaccurate. Digital or crypto is more accurate just like we can call some as digital currency or cryptocurrency. Please don't call anything as real or virtual currency. It is very misleading term.
You can name your card as crypto debit card or digital debit card or decentralized debit card but please skip the term Virtual debit card.
I think that you've got it wrong. Virtual Debit Card is a card product where the actual plastic card is not delivered, hence it can be used only for online transactions, you cannot get it with you at the grocery store. I don't know whether it was VISA, Mastercard, the banks or the FinTech companies who have named it like this but it's an already established name.
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