Does anyone else agree that it's way too easy to open an exchange nowadays, you just assemble a team and buy some trading platform software from a third party and set up your site, compliance be damned.
Compliance to who? but I would agree that it is very easy because no one will audit your trading platform. And then some of them do things like listing scamcoins that can be predicted to become worthless, ripping off investors. If a stock were to do this, their owners would go to jail.
And as much as we hate this fraudulent practice, this is open and free market. No central authority to manage this exchanges. And then other exchanges blatantly misreport their trading volume as much higher than it actually is. If a regulated forex platform would to do this, they would be heavily fined.
Sure forex has their own share of scam platforms but in my opinion it is way too easy to set up an crypto exchange without worrying about the legal aspects. There should be more scrutiny and regulation around exchanges.
Again, still boils down to crypto being unregulated. And there are people who are going to exploit it as there are no regulations and it is based on "trust". So the best weapon is to really check out the exchange that you want to use. And there is this website: https://www.bti.live/. You can used it as a reference.
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I think it will be interesting if the OP will come back and make a follow up predictions.
But obviously, since it is taken from that article, we really know if he is the actual author. Anyways, it seems that $12k is the resistance now, although we touch it barely, it didn't sustain and it will take another round of money to flow again to push the price to $12k and then maintain it. Two different stories, touching it and then maintaining at some point without any selling pressure.
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Will the current hype & acceptance of the initial exchange offering (IEO) over the erstwhile initial coin offering (ICO) affect the opportunities for bounty hunters?
What do you mean affect the opportunities for bounty hunters? There will be plenty of opportunities, don't you worry and I don't think it will slow down a bit. Can a project on initial exchange offering (IEO) still fail or exploit people?
Yes, IEO can still fail because the market is free and there will be competitions and we have want we wall life cycles of a project, and after the initial hype, the project will simply die down, regardless if it is an IEO or ICO. As far as exploitation? I will be honest with you, as long as there are bounty hunters willing to accept measly payment, then there will be projects that are going to pop up and make use of bounty hunters.
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Hard to say which new coins are going to make it big in the future. If you really wanted to DYOR, I will advise you to look for Defi, it's the latest trend today, and there are a lot of hype around it. But like always, you really need to be very careful, and I'm sure you already know all of this since you have been in here since 2017.
With that said, it's really very difficult to ask for financial advise here, never mind the two weeks that you are going to spend researching, instead of listening to others here who are just going to shill for their cryptos. And I'm sure its going to be worth something big if you yourself will do the digging.
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This is nothing out of the ordinary, crypto is easily trackable and there are plenty of companies out there providing tools for that. Even mixers can be decoded and funds traced. This is the thing that many dont understand, they have this fantasy that crypto is anonymous and not traceable but in reality most of the time it is much easier to track crypto than bank transfers.
Yes, there are other companies providing that tool, but if you read the link, it seems that they are looking to have their own tool, for whatever reasons it is. But we all know that as crypto enthusiast, they want to trace everything. It's going to be difficult to track if you just put your assets in let's say a bitcoin wallet. There's no way that you can trace it if it is not going to be moved in a centralised exchange. And I still remember this: Thinking of adding 'Blockchain' to your company name? SEC is watching you
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"Trading is not an Aladdin's lamp that will make someone a millionaire one day."
This is so true, many newbies tend to go to trading because they think that they can suddenly make huge amount of money, the get rich scheme mentality. And then complain later that they have lost so much money in this market and blame everyone except themselves.
So as a beginners, it's really a must to understand this simply and basic principles of trading, specially crypto because it behaves very differently as compare to other traditional markets.
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I doubt that this will be a threat to bitcoin though, even Russian's biggest bank are also eyeing their own stable coin. https://cointelegraph.com/news/russias-biggest-bank-hypothesizes-its-crypto-tokenSo we shouldn't surprised by the move coming from Goldman&Sachs. And just like any other government or banks that has it's crypto, they are simply experimenting on it. If something comes out every positive about it, then for sure those tokens are going to stay. But I'm seeing it as something that will disrupt bitcoin or the whole crypto in general. They have different purposes, and so we can exist exclusively without hurting the other market.
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It's no longer appearing on my end, so maybe Google has taken this Uniswap phishing hiding on as ads on their platform.
So it will be a continuous mouse and game for us, criminals create malicious ads, we crypto enthusiasts saw it, report it to Google so that it will be taken down immediately. So I advise everyone to be very vigilant in fighting those cyber criminals. Reporting will only take a few minutes of our time, and it can save hundred of noobs out there.
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You can read everything here: Checking or Replacing a Transaction After it’s Been Sent. This is pretty much the state of Ethereum network right now, although there are reports that the network traffic has subsided already. So before sending any transaction, check the state of the mempool and how much gas is needed to use so that you won't wait for a long time, specially if you are in a hurry.
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I'm not surprised by this graph though, we have seen some massive spike on the price of Ethereum so it's pretty obvious that there are more transaction in the last month and a half. We even have threads here when people are complaining about the exorbitant gas/gwei that Ethereum is currently experience. But yes, this could be a bullish signal and I also read that this is even comparable to the numbers when we have our last bull run, but this remains to be seen.
True, this could be as bullish as 2017. Do you think also guys, this is also correlated with the price of Ethereum itself? A lot of transactions were made on Ethereum network then that's why the network itself will be more clogged. I remember what happened last 2017-2018 bull run, especially when before there is a game under Ethereum network, I think that is crypto kitties, where known it is one of the issue why the transaction fees before on Ethereum was also too high.
Yes, this is not the first time that we have seen ETH network being clogged like since since the crypto kitties hype. Thanks mate, I will look into this.
It seems that we're back to normal, but I still consider it high fees though, https://ethgasstation.info/
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Well, you already answer your own question, yes, to generated those vanity addresses you need a lot of computing power. And maybe to understand it more clearly, you can read @1miau post here: [Guide] How to create your customized Bitcoin-Address (vanitygen) – step by step.And regardless if you are using a vanity address or not, you should learn how to protect your private keys, otherwise it will be useless in the end.
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I think this catch has been made by $crypto$ before and is compounded with NEO's catch, [SCAM ALERT] Fake Giveaway ADA & NEOBut indeed I see giveaway like this mostly appearing on telegram with unclear groups, and even I myself include it in the group, I hope newbies will always avoid it .. It's good if you are a member of such groups, so that you can track what and fake give aways they are announcing and maybe you can give this community a warning. Telegram is really a haven for scammers now and they can still propagate their schemes if their group has so many members. Yes, we do hope that no newbies will fall for this kind of trick and one way to help them is to spread awareness. Thanks and good catch by the OP and other members who have been exposing this kind of scams in this community.
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Indeed this is a very bullish indication when a big exchange such as Huobi is allocating this huge amount of money. And I think they wouldn't venture without actually getting a profits here, so obviously they are targeting good ROI as everyone is really hype about this Decentralized Finance and they know that news sells in crypto sphere.
So they want to be the first exchange and would like to collar the market as early as today before the whole Defi business model became a bubble. Good move by Huobi here, of course there is competition against them and Binance, so let's see how CZ will react if he hasn't done so.
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This is going to be one hell of a fight. And we are happy to see Errol Spence Jr back after that car accident and its going to be interesting to see if there are going to be some effects on him.
Yes, as we all know that he had a terrible accident that almost took his life. Maybe this could affect him negatively. He is one of the best boxers, at his peak but he is stepping up the plate against Danny Garcia here. No doubt that Garcia has that signature check left hook, but Errol has been in many wars and proved that he can adjust. So I will give my vote for Spence to take out Garcia maybe in a unanimous decision.
Spence hasn't been tested, although Porter hit him during this fight, it was not very crisp and clean. Danny's left hook could spell the difference here. Both of them are very slow starter, so if anyone can take the first 3 rounds, it will be a huge advantage if the fight goes to distance.
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Or the funds that are sending in this btc address comes from the scammers themselves so that it will look legit if someone are going to check it through blockchain. And if you are going to look at it, it received: Total Received 1.90125617 BTC So I doubt that someone has fallen for this. But I don't discount that fact that there are a lot of newbies who are too greedy and might think it is safe to send to double their money without doing any hard work and it will be too late before they realised what had happened to them. edit: reported it to https://cryptoscamdb.org/![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F4HhQ6I6.png&t=663&c=1rPz0im8FXJB0Q)
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All's well that end's well, and just like what posters have said, maybe Youtube is just sweeping everything and then reinstating that is legitimate crypto channels. Because we all know that there are a lot of scams running, and maybe the best weapon is ban everything and then put back later channels that crypto related but in no way scamming people.
They should reinstate channels that are crypto related. All that needs to get banned for good are those fake giveaways. But the problems is that criminals are hacking accounts that has many subscribers and it's hard to distinguished it in the beginning that's why facebook needs to step back and have their AI or Bots to track those hack accounts that is being used for this criminal activity. They shouldn't wait like days for this to happen, as soon as this is spotted, take it down contact the real owner of the channels and let them know what to do before handling them back the accounts.
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Generally considered a lot more complex type of trading. Do you think new and budding traders should get into or at least be introduced to derivative trading or should it be avoided, and just HODL at all costs?
If it is a more complex type of trading then this might not be good for beginner trader. And how can they make more money out of it if they don't know how it is on the first place. so everything should be taken in baby steps here, you can't just jump and expect that you are going to get a good returns out of it. And with market like crypto, which is very volatile, maybe those beginners might be overwhelm and instead of staying here, they might get REKT early, lose more money. For me it's not a good recommendation. Should be taken slowly, then as the person goes along and gain experience, then probably he can register for a demo account and see how it goes.
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I admire the guy, he is a genius and has been involved in the many fields of science, including application of computational thinking, including Mathematica. But it doesn't mean that he knowns about Satoshi to say that he is a known "classified material". Or that anything about Satoshi is protected by or access is restricted by the government. But him opening his mouth and with his credibility, just adds up to the mystery of Satoshi and could be a good inclusion to the growing list of conspiracy theories on the already legendary creator of bitcoin.
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What if, for example - like after that twitter hack - the President wakes up (in a bad mood) and decides with an executive order to make all crypto illegal in the USA?
Your example is quite vague, I don't think that countries like USA or their President has the authority to make an executive order without being challenge. Of course this probably will never happen in today's world, as the there is big money is invested into crypto currencies; but do you ever think that it is even remotely possible...
It doesn't matter how much money is invested, if such is the reason, then every country will simply accept crypto. Or the next elected president is so "old school" and decides that crypto needs to go?
If this happens then obviously, crypto enthusiast on a former crypto friendly countries are going to take action and challenge it just like what happen to India. I don't mean only America, what about in your country; do think that a future ban on crypto currencies is ever possible in your country?
I'm not afraid though, because we treat crypto as something that can change our country we are even trying to become a crypto hub, so I don't think that our government even with a new President will make a complete change or going 180 degrees.
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[1]. Are there friends in this forum that are the same as my friends...! yes, I mean in this forum that one family is involved in gambling.
Nice question, but I don't know any people here personally, but there could be cases around in this community. [2]. It's good, if we teach our brother or sister to bet in gambling like we have today....!
If I'm just the gambler in the family? I wouldn't go to that route of teaching my siblings, one should be enough. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . But if the environment in the house is that if your father or mother are into gambling, for sure their kids are going to be influence by their parents. [3]. Or we don't need to tell our families money from gambling and also we are not involved in gambling...!
If the families are not into gambling, then chances you are not going to even give a hint that they are into it because it is being frowned up, not just by your families, but the society itself.
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