It's even a misnomer to call these centralized exchanges KYC-free. They aren't KYC-free. Although a few centralized exchanges offer certain limits to non-verified users, this doesn't mean users are guaranteed that they won't ever be asked to comply KYC for as long as they stay within their limits. They can still be required to pass KYC anytime, even if they don't go beyond their non-verified limits.

Surely, these centralized exchanges like KuCoin, MEXC, and others can't be categorized with legitimate KYC-free exchanges like AgoraDesk.

I guess it's pretty much clear as regards this. OP is not saying that each participant will be given $40 in ETH for taking part in the survey. Your participation, and completion to be exact, in the survey means you will "get a chance in our exclusive Ether raffle", "enter a chance to win $40 in Ether". It's just a chance in a raffle, so what you will get is like a ticket or an entry to that raffle, not a guaranteed payment.

Which would make it less interesting to be honest. God knows where else OP posted this and how many participants actually took part. Others might even be joining multiple times. But it's just a 3-minute survey, so others might still want to take part.

If you do this, what stops you from testing everything? You would want to test the address whether it can receive, then you also test the address whether it can send, and then you would also test your private keys or seed phrase whether it can indeed recover your funds, and so on.

It might be safer to do this, but I personally never tried doing this even when relatively big amounts are involved. Perhaps because I've never encountered a problem in which an address can neither receive nor send.

But it counts that you choose reliable wallets and that you download them from official sites.

At least at this point, I think 2024 is probably better than 2023. The previous year was at the early stage of recovery from the pandemic. There was so much monetary injection earlier. There was the inflation rising way beyond targets. There was the Russian invasion. There was Israel attacking Gaza. Although the conflicts haven't ended yet, oftentimes, beginnings have a stronger impact at least economically. And the conflicts have winded down a bit. Although it seems a fresh round of trouble is brewing in the Middle East, that region isn't new to it.

But what's particularly interesting is that both positive and negative outlooks are valid from certain perspectives. In a way, my parents and grandparents' stories are similar in that both are characterized by economic struggles and challenges. Life back then was hard. This is a very common line among stories of old. And yet they carried on and life probably gets better year after year.

Yeah, this is the site I was talking about. Thanks! Now, we are contending not only with ordinary Satoshis bearing collectibles or rare inscriptions but also with Satoshis that are considered rare themselves notwithstanding their ordinary inscriptions.

I'm now wondering about Bitcoin's fungibility because Satoshis themselves have sort of individual identities. It seems they aren't absolutely identical and, therefore, interchangeable because a Satoshi that passed through Satoshi himself/herself/themselves or Hal Finney, or Satoshis that were part of Bitcoin's earliest and historical transactions like the Laszlo purchase, could be deemed more precious or valuable, at least from a certain standpoint. A fork is nothing special but if it is the particular fork that Napoleon Bonaparte used in his last meal, for example, that's probably special.

Criticism, for as long as it is constructive, should always be welcome, and not just by newbies but by everybody else regardless of rank. Rank doesn't matter. What matters is knowledge. And when it comes to knowledge, a newbie can have more of it than a legendary like myself.

But I prefer correction rather than criticism, a humble or gentle correction preferably. One can correct without insulting, without condescending remarks. Corrections done for the sake of teaching don't have to be harsh. 

Be extra-careful with this desire. You might end up getting scammed. I hope you're only expressing this here. If you do this on social media, you might be inundated with private messages bearing recommendations, subscriptions, links, and whatever that are all fake.

Nobody is expert enough that he/she knows exactly when Bitcoin's price would rise and when it would fall. Even those who have been analyzing charts for years can't be accurate in their predictions. Even the experts aren't experts enough.

Nobody can teach you this. There's no such thing as sure money. There's no such thing as sure profit.

If you hate working, change jobs. Do what you love. But if you hate working itself, I'm afraid trading Bitcoin won't save you. Loading up on altcoins is worse.

I'm afraid the NFTs in this case are just the icing on the cake. They aren't the ones that actually provide the value of the Satoshis in the transaction. It's probably not the artwork that matters here. It's the rarity of the Satoshis.

It seems we are on a double whammy here. There are those that are selling jpegs and whatever inscriptions on Sats, and then there are also those that are selling the Sats themselves.

Months ago, a site was launched where Bitcoin owners can check whether they have special or rare Sats. These Sats could sell high.

I suppose the owner has an obligation to declare his/her crypto assets and pay tax dues accordingly, if the assets aren't kept in centralized exchanges like Binance that have the capacity to automatically deduct taxes.

I have long stopped using Binance-- well, Binance was operating without paying taxes here in my country anyway-- but what if the account is active but the owner drains his/her Binance wallet every year-end? Since it has zero year-end balance, Binance won't be deducting any for stamp tax?

I'm today years old when I know that there's a reason why some dice used in casinos are transparent. Even those with different colors are also transparent.

It must have been years already since I played in a brick-and-mortar casino. I cannot remember whether the dice used was transparent or not. But I doubt they're rigging it. I'm not sure, but they're government regulated. And I assume they're subjected to regular audits. Moreover, many casino players are politicians and rich and powerful people. Casinos better avoid making trouble with these patrons.

I guess you only need to divide your funds into smaller amounts and keep them in different wallets. Of course, you wouldn't make it obvious that all these wallets are owned by you, so you need to be careful with your transactions as well. Apparently, you wouldn't want to be caught that a main wallet is regularly funding the other wallets with small funds. Privacy will have to be observed.

But since we're talking of a wrench attack, I'm afraid everything boils down to how much pain you're willing to take to keep your main wallet a secret. Of course, the attackers will be suspicious that you are only giving access to your alternative wallet. They might resort to torture to squeeze that main private keys from you. This might be about pain tolerance.

That book was a hit. It must have offered something to a lot of people, but if you ponder on the author's life, you would wonder whether he used that book as a guide in real life or he was simply a failure. Having said this, I don't think financially successful people are living their lives according to a handbook or some written guide. I doubt Elon and Jeff and Warren are doing things according to cash flow 101 by this person and cash flow 202 by that person.

It's actually weird to hear somebody looking for a guide like this. Surely, you must know what freedom is for you.

I didn't read too much about it. First, because I don't believe in this kind of thing. You try to make money as often as possible. Forget about the timing, patterns, superstitions, predictions, Feng Shui, and so on. Opportunities are available all the time. You just have to look for them or even create them. Some lost wealth during World War II, Great Depression, Global Financial Crisis, and so forth, but some also grew a lot richer during those depressing times.

Second, how can this be a math and logic theory? How can this be an analysis? To me, it looks like nothing but unfounded predictions.


In what way does it look legit?

In the Bitcoin market, for example, 2016 was certainly not a time for selling. Selling should be done the following year. And I think panic didn't happen in 2019. The big panic happened in 2022 when the price fell from almost $50,000 all the way to $16,000.

I don't know, but for me, this is nothing really.

Although I wish that Bitcoin is as widely accepted in my country as other online payment options, I'm also actually trying to hodl them as much as possible. More often than not, I don't want to spend my coins. All I'm saying is that while you can say that there's always available Bitcoin around and that "it's just Bitcoin" and "you can always buy it back little by little", it wouldn't be the same when you're buying it back at a much expensive price. The history of Bitcoin is full of regrets when it comes to spending or selling Bitcoin early because there will come a time when you might not be able to recover as much as what you've let go.

Perhaps it needs emphasizing as well that Bitcoin and what you've got in the likes of Binance, Coinbase, Crypto.com, and other custodial wallets aren't equal. They aren't the same. What you've got in your wallets or accounts in those platforms are mere numbers. They aren't real Bitcoin. And while you are right that Bitcoin may not involve the government or the bank, that Bitcoin is not controlled by the government, and that Bitcoin can't be hacked, these facts don't apply when you are using such platforms.

I probably do, but I don't think it will have something to do with whatever hands you will get in the proceeding deals. But I understand how such a simple thing could indeed disrupt momentum and perhaps comfort and the feeling of luck as well. Even in brick-and-mortar casinos, many gambling patrons have their favorite dealers. They look for that specific table and that specific dealer. I don't know, perhaps certain gamblers indeed really feel lucky with specific dealers. Or perhaps there's that pretty face everybody wants to play with.

I still think that CBDCs, in whatever design, is a matter of when and not if. It might not be implemented in the next decade or two, but the world is surely shifting to the digital version of doing things. Everything is slowly digitalized. I don't think money will be left behind forever.

While I agree with what former president Donald Trump said, if I were working at the other side of the fence, I would strongly push for it. If I were a law enforcer, for example, confiscation and seizure of money involved in criminal transactions would be made a lot easier for me with a CBDC.

Anyway, Trump's words could be taken with a grain of salt.

I'm not sure if there's an ebook version of Jason Lowery's Softwar, but if there is I wonder why it isn't on the list. It has since been taken down or somehow banned, but there is still a high demand for it. I wanted to get one, and although it remains available until now, the price is so high. It seems to be a very interesting read.

The same with Andreas Antonopoulos' Mastering Bitcoin. I wonder why it isn't on the list. I have time and again read that it is probably the best guide in technically understanding Bitcoin.

At least you've still got some BTC for long term hodling. I wonder why you missed it from your list of lessons, though. I think it is one very important reminder. This has been proven time and again. That hodling is better than trading is proven and tested.

Perhaps another lesson that we can get from this story is the use of leverage. As much as possible, we have to avoid it. I don't know how high the leverage you used in your positions, but x2 is probably the manageable limit.

I don't quite get it. What you have in your cryptocurrency portfolio aren't pairs. It's either you have USDT or BTC or ETH or XMR or whatever, but you can't have USDT/BTC or BTC/ETH. Which wallet are you using, by the way?

I guess the only way to switch coins is to convert them. You can either create a sell order or swap immediately to BTC. But if what you mean is that your coins are only paired with USDT and not with BTC, I'm afraid you don't have other choice but to convert to USDT first before converting to BTC right after. You can create buy and sell orders for it. The fees aren't that high. You don't have to withdraw and deposit each time.