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481  Bitcoin / Bitcoin Discussion / Re: Crypto Currencies VS local law policies on: November 25, 2019, 03:20:12 AM
Crypto Currencies is facing local law policies many where: Local law can be a barrier for many countries to accelerate the blockchain industry. I read the sentiment of many people where the bitcoin or concurrency is not legally authorized but they are very much excited to use this technology. I think, a global revelation only can bring those countries to be inspired. 
We need a lot more of these barriers to be broken, and something like a revolution before this adoption is able to happen, otherwise, countries like China and America will never end up adopting these technologies and it's going to be a huge waste of time.

There are a lot of companies that are already taking advantage of this technology, although there hasn't been enough policies and laws that have been established, so these businesses are getting very hard to run (look at the binance example).
482  Alternate cryptocurrencies / Altcoin Discussion / Re: If Bitcoin Dominance Has Topped then Ethereum Will Blast on: November 24, 2019, 08:28:10 PM
Why should ETH go up, when bitcoin dominance hasn't even dropped a lot, it's more so the market dropping a lot and all coins losing quite a bit of their value, so a lot of people have actually turned to stablecoins, or cashed out fully.

Bitcoin dominance will always be very high, and even if we did see a bitcoin crash, I don't think ETH would be going up, instead, most altcoins would follow bitcoin downwards, and stablecoins will see quite a lot of action, since they are the safer investment option.
483  Bitcoin / Bitcoin Discussion / Re: Governements Projects and Futur of the Bitcoin Revolution. on: November 24, 2019, 07:40:41 PM
Hello i need to tell you what is coming guys Smiley This is not 2009 i can understand so i'm going to work for the futur now.

So governements going to create projects using 3 blockchain in 1 like ebay using blockchain and one other projects is going to peg Gold to Bitcoin for make people buy Gold, they are going to manipulate as much as they can for make them buy gold or go ther projects like XRP.

If you want better life for your kids we need to explain everyone what is decentralisation and what is gold purpose and bitcoin revolution, dont let them win this.

They are trying to destroy bitcoin using manipulation or other technology, i mean they invested bitcoin "governements" but when they do everything as they planed they will try to destroy bitcoin.

Be strong mentaly.
They aren't really trying to destroy crypto-currencies and bitcoin using other technology, instead, I think they are trying to phase it out with blockchain technology and basically use that technology to make cryptocurrencies redundant.

Think about it, who is going to want to use bitcoin, unless they are very invested and interested in crypto-currencies if the governments don't even support it, and they are other options that use a lot of it's features.
484  Economy / Economics / Re: Cryptocurrency investments in Airbnb and other large companies on: November 24, 2019, 11:06:55 AM
Hi guys!

I know you like to invest. But investments in cryptocurrency projects are very risky and often fail. But what if we combine cryptocurrency investments with established companies? Such investments would retain profitability, but will be less risky.

Let me tell you a bit more briefly:
1. We work with large venture and investment funds.
2. Such funds sometimes offer good investment deals. For example, the purchase of shares in Airbnb, Palantir or Gett before the companies launches an IPO.
3. We can create a structure by which cryptocurrency investors can join these transactions.
I'm not so sure about this, companies like AirBnb and Gett will rarely open other funding rounds, espeically if they are doing fairly well, and they can just ask their own network of investors for more money, do you have any proof you have connections to these countries?

Thus you will receive:
1. A promising investment in a stable company
2. Legal protection of your interests
3. The ability to invest in cryptocurrency
4. The opportunity to participate in famous, popular and cool deals
I hope it's legitimate, there is definitely a market for crypto-currency investments that are not just IEO/ICO/IPO's, and I think there needs to be a bigger focus on these sort of items, getting people to invest in real companies via crypto-currency.
485  Economy / Economics / Re: You want to get rich, don’t pay taxes, don’t get married, don’t use bank, and... on: November 24, 2019, 10:18:12 AM
Don’t pay taxes: govt love taxes! It make them super super wealthy and make you super super poor, govt don’t care if you starve to dead tomorrow, that’s your own fault to be basement dweller, govt rather spam their tweeter with non sense China FUD.
If your in some countries where you are forced to pay tax, this just isn't possible mate - unfortunately, not everyone has the option to live in a 3rd world country where they have no infrastructure and can just avoid tax.

Don’t get married: get a traditional marriage and get a nasty divorce, your wealth immediately split into half! It is no brainier why marriage is a trap in the modern lifestyle, and your lawyers won’t help you to get rid of divorce, you’re doomed! We know Jeff Bezos can buy the best lawyers on the planet to fight for his rights, yet the status quo court decide to prejudice all is his fault to get into marriage at the first place, you horny you pay the biggest price! This is justice! Smiley
It's because he didn't sign a pre-nup, if you sign one that clearly outlines each others financial situations, and things end up going sideways, you should be fine.

Don’t use bank: Why! We all know bank is a very good investment! You get zero risk while you get a stable fixed deposit income! But why don’t use bank? Because we’re all fooled! We getting so poor today all due to bank! It’s bank fault! We’re all in huge debt!

Don’t invest: Banker love to sell snake oil investment advice! Of course it’s full of moral values to be a decent human being, get a job, get married and invest in well diversified portfolio! Because business create value, we invest in business, and it is the only “real” economy, people who invest into anything else is not investing into real economy! Fuck it! Business itself is a virtual existence, it is an illusion, nobody can touch business, and it can create a lot of value today, by tomorrow it would be just gone and disappeared into abyss! Who the hell buy into this snake oil advice “business is the only real economy” is too dumb to be get rich. Smiley
Haha, alright mate.

Finally, don’t get a job, because jobless is not a fake news, govt keep spreading fake hope that we have 0.000001% jobless rate, while many under employed staff wandering around the streets.
Alright, this is the point where I am certain you are trolling. Unemployment rates are real.
486  Bitcoin / Bitcoin Discussion / Re: The Continues Downfall in Bitcoin Circulation threating traders on: November 24, 2019, 08:44:41 AM
Having 1.5 million less BTC doesn't really matter (I know this sounds stupid, relax), because bitcoin is the largest unit of BTC, not taking into account mBTC or satoshis, if we need to talk about a very small amount of money.

Also, who said we are lacking 1.5 Million BTC, it sounds like a stupid guess, because it sounds like too much of BTC that is lost, so unless there are substantial proof, which I don't think there is, because dormant addresses (which is likely what OP is going off) could just be cold storages.
487  Bitcoin / Bitcoin Discussion / Re: Bitcoin The Worlds First CryptoCurrency ! What does this mean for Bitcoin now ? on: November 24, 2019, 06:12:22 AM
You are talking about 2 very different things, of course being first in some situations will lead to your ideas being copied, and it could end up with you being overtaken, and possibly losing your market position in the future.

But, there are still a lot of companies that have created something first, and innovations have been built on it (eg, look at Apple and Microsoft).

The same thing is going to happen with crypto-currencies and other payment methods, where we will see new payments come out, and new coins come out, it's the cycle of life, although I reckon BTC is going to have a very long life.
488  Bitcoin / Bitcoin Discussion / Re: 6 safety concerns? on: November 23, 2019, 10:05:49 AM
what would be your top 6 safety concerns you have in the crypto space?

whether it be like scammers? wallet protection? exchange protection ? integrity of content creators?

lets hear it . and why you think its a concern
Mainstream adoption - it's pretty obvious the strongest 2 countries (China, America) don't really like a lot of crypto-currencies, even ones like stablecoins that can be controlled by an entity, and we'll reach a spot where we can't move up if these countries put up walls.

Security, when it comes to exchanges is going to be a pretty big issue, I'd like to see how governments and countries implement policies and try to deal with it in the future, it's definitely going to be interesting.
489  Economy / Economics / Re: Which countries have banking friendly to companies that get paid in bitcoin? on: November 23, 2019, 06:58:31 AM
I want to establish a company to sell software to help in bitcoin trading.

I could get paid in fiat via a payment processor, but even still, banks have told me at one country I was going to incorporate in, that even getting euros or dollars on my account from such business would be a problem.
Is anyone aware of countries, preferably, of course, with a low tax rate, that don't have issues with their clients getting money from this?

Thanks.
I don't think you'll have an issue with this, where I've seen, bank accounts have only really restricted accounts or paused them, if there is a large amount of traffic or if they are engaging in crypto-trading, and are directly linked to exchange. Selling an item should be fine.

If you are working via a payment processor, and only accepting fiat, just make sure your able to work with one that won't randomly fuck over your company, and personally wouldn't work with PayPal, even though it is very convenient.
490  Economy / Economics / Re: New bill would make Facebook’s cryptocurrency a security under the law on: November 23, 2019, 02:40:16 AM
I have to say that this law is sheer stupidity. A stablecoin is a security? How in this effin world is that possible? The lawmakers in the US are mostly out of their damn sane minds. Facebook's cryptocurrency is a stablecoin. It is nothing but a mere cryptocurrency version of their very own effin fiat money that is as useless as the one that represents it. Libra is plainly a currency. What makes it a security then?  

Well technically that proposed bill will not yet become a law until it passed the scrutiny and approval of lawmakers which could then be subjected to debates and discussions!
I don't think it will actually get passed, it seems like a vocal section of the government that seems to despise Libra and Facebook, and I don't think it'll receive the overwhelming support that it needs to pass the bill.

In fairness, I think filing that bill was very premature considering that Libra hasn't been officially launched yet in public. As such, I was wondering where did those lawmakers got the idea since I understand that Libra is technically not yet in existence and their decisions would be purely based on assumptions and imaginations!
It seems like a safety move, a precaution in case Libra does ever launched, and since it hasn't been passed - I get the feeling it's the government shooting warning shots and basically suggesting Facebook to just abandon the problem.

Conversely, Facebook may have portrayed Libra as a stablecoin but such assertion is subject for debate since the initiators are mostly private business companies that the U.S. Government may classify it as a security. Interestingly, there is a framework by the Crypto Rating Council on classifying a digital asset if it is a security or not and would be glad to see whats their take on  this issue.
Perfectly said.
491  Bitcoin / Bitcoin Discussion / Re: Did China really crash Bitcoin again? on: November 23, 2019, 01:56:17 AM
I feel like BTC over the last 3 or so weeks has been going down 2-3 percent every week, and this time it's gone down a bit more than that, and suddenly everyone is bringing up old news which doesn't relate to BTC price movements to try and justify the actions.

I don't think China was the reason for this price drop, and it hasn't been very effective when it comes to BTC price movements, and China has been on a constant battle against cryptocurrencies, so it's dumb to blame recent price movements on it.
492  Economy / Economics / Re: New bill would make Facebook’s cryptocurrency a security under the law on: November 23, 2019, 01:19:39 AM
It's sooo, sooo obvious that the US government is doing anything in their power to stop Libra from launching, from smearing them in public to likely making some of their partners drop out, to now, where a new bill could possibly fuck Facebook over further.

It's always been an uphill battle for Libra, and I do think if this bill gets passed, it could very well be the final straw for their company, and it might be time to dump the project for another one - they tried to create something too public, and with their current influence, it would be very disruptive to the US economy.
493  Economy / Services / Re: Bitsler Signature & Avatar Campaign (2 open spots) on: November 22, 2019, 08:43:25 AM
Hello Yahoo, here's my application:

Btctalk Username: hello_good_sir
Bitsler name: goodsir77
Post count: 984 + 1
Rank: Hero

Will change sig if/when accepted.
494  Bitcoin / Bitcoin Discussion / Re: Paypal CEO Is a HODLr, but Only Owns Bitcoin on: November 22, 2019, 08:25:03 AM
Firstly, let's get this clear. A CEO does not have all-encompassing power over a company, even though they might have a lot of power over the company, they still have a board of directors and a lot of other people they have to report to, and oftentimes, a chairman has more power.

Just because the PayPal CEO is a fan of Bitcoin, doesn't mean that PayPal is, it's fairly clear to us that his company isn't interested in dealing with crypto customers or even making their own service, and that's their choice, even if it is a saddening one.
495  Bitcoin / Bitcoin Discussion / Re: Quantum computing is not really a Bitcoin problem. on: November 22, 2019, 03:19:01 AM
I’m no computer expert, but my understanding is that several years from now or even a couple of decades, quantum computers will be able to crack Bitcoin private keys therefore jeopardizing security or our wallets.
It doesn't really make sense though, because of course technology is going to evolve to a point where our current security is going to be useless for the future, and bitcoin keys will be crackable for sure, but there's the argument that a lot of other stuff will be as well.

If someone finds access or creates quantum computer, would they use it for bitcoin at first? Of course not.

They'd look at other options like hacking bank accounts, stealing government secrets, messing around with businesses and a whole lot worse stuff then just going around and busting some private keys.

496  Bitcoin / Bitcoin Discussion / Re: Are there any countries that accept cryptos as an actual method of payment? on: November 22, 2019, 12:28:51 AM
I heard that in Zimbabwe people use other currencies and cryptocurrencies to trade as their current monetary system has failed them. Do other countries also accept cryptocurrency as their main currency apart from Zimbabwe?

In some unstable countries like Zimbabwe and Argentina, a lot of the countries there have turned to other options like crypto-currencies in order to support them and hold their savings in crypto.

It's difficult for those people though, especially since their currency is so volatile and almost worthless, and the governments don't support their crypto-currency options, and instead keep attempting to revive their own currency instead of letting crypto save their people for a bit.
497  Bitcoin / Bitcoin Discussion / Re: Banks Are Never There When You Need Them - That's Why We Need Bitcoin on: November 21, 2019, 10:11:04 PM
It's very hard to always rely on your bank and be able to always count on them to have your money when you need it, to help you whenever you require it, and it's one of the main reasons why I prefer being your own bank.

Holding your own money via crypto-currencies, holding your own cash that you can always count on gives you a certain level of security that the banks cannot simply give you. The country I live in is doing quite well so I'm able to trust the banks a lot more, but I still hold a lot of crypto and cash, as well real estate.
498  Bitcoin / Bitcoin Discussion / Re: Should Reddit add Bitcoin as a payment method for their Reddit coins? on: November 21, 2019, 08:31:54 PM
I can't stand Reddit, so I don't know what it is they're selling in that screenshot.  What coins are they talking about?  I'm assuming they're not RDD, right?
It's basically having an "I'm cool badge on your jacket", does the regular stuff with removing ads, and your also able to award users with the coins and make them feel as cool as you Smiley

Reddit accepted bitcoin for years, from 2013 to 2018. They stopped accepting it at the start of last year. The reason they stated was that multiple users were experiencing bugs with payments via Coinbase, and they wanted to see how well Coinbase Commerce worked first before considering if they would re-enable bitcoin payments.

https://www.ccn.com/reddit-disables-bitcoin-payments-amid-coinbase-commerce-overhaul-but-are-they-gone-forever/
I don't think they'll end up enabling bitcoin payments, at least via Coinbase's commerce platform.

Coinbase is likely going to end up demanding all of the users from Reddit to verify KYC and keep compliant with all the anti-aml policies, and I don't think anyone on reddit wants to verify their identity to buy a couple of bucks worth of coins.

They might use their own platform? Maybe BTCpay server.
499  Bitcoin / Press / Re: [2019-11-18] Russian Intelligence FSB Linked to $450 Million in Missing Bitcoin on: November 21, 2019, 03:43:57 AM
I will not go into any conspiracy theories (at least not too much), but it seems to me that there is much more to this story than can be read publicly. If the FSB got involved in everything, then there was a good reason. Did they just decide to be good guys and stop some illegal activity, or they didn't give FSB their share of the cake? I only wonder how the BBC got the audio recordings on which they base this story, again the clumsy job of Russian secret agents?


The FSB might also be the exchange's main liquidity provider by sending their dirty money to the exchange for laundering.

I speculate that when WEX have begun having problems on their cashflow or maybe the FSB knew that WEX will be shutdown by regulators, the FSB ordered their money out including everyone's money.

That's my theory with this controversy as well, but how would the WEX have money issues? They had fairly decent volume and looked like they were able to stay in the clear for a fairly long time.

It's very likely the FSB just took WEX's money when they were able to find a way in, there's no doubt that they are very, very interested in closing down another exchange that likely works with the Russian Mafia.

Damn though, Russia is fucking ruthless.
500  Economy / Economics / Re: Can online platforms like Youtube and Facebook really be decentralized? on: November 21, 2019, 01:16:12 AM
Let's first take a look at what makes these platforms bad, and why centralization in this particular industry isn't that good.

There happens to be a lot of censorship when it comes to these platforms, and Youtube, in particular, is very well known for fucking over their creators, whether it's from demonization, copyright strikes, or other issues that comes to their content.

With the decentralization of these platforms, these issues would be non-existent, and the way this would be done would be via everyone controlling a bit of youtube, and it works in a decentralized democratic environment.
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