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4821  Bitcoin / Legal / Re: Selling bitcoin for paypal. Do I need a license to do this/ need tax advice. on: June 14, 2020, 10:47:05 PM
So, it has been confirmed that you really sell the BTC to "a trusted individual"? If he is real, it will depend on some situation regarding the license or even tax.
1. It will depend on how issue or regulation in your country
Is it your country selling or buying BTC legal? Is there any certain regulation that everyone selling or buying BTC must pay for the tax and make some license? if it is yes, you should because it will relate to the risk you two have. but if it is not, you may not need to pay for taxes or even need a license.

2. Ensure that you two trust each other.
It is very important if you have that certain agreement, you may need to ensure what kind of agreement do you two have. Do you have an agreement to sign on a paper and make it as proof of that transaction? including the way and also rules fo you two transferring?

3. What's about the $250? Will it be kept for you or there will be any further agreement of it? It should be between you two, not to answer here.

basically, if you are going to have a certain individual transactions, you must really do it with the one that you really trust. You two may need to have an agreement signed in the paper so that if someday there is a problem, you two have proved to make it clear.
4822  Other / Beginners & Help / Re: {Warning}: Fake Kraken Twitter Account on: June 13, 2020, 11:44:21 PM
Yes. That's a fake account. That's why we must recheck each social media of any exchanges through their sites. It is very important to avoid fake accounts like this case. For example, kraken exchange. Kindly go to https://www.kraken.com/ to ensure it is true or not. Then, see their social media channels there, on the bottom of the web page.


Source: https://www.kraken.com/
4823  Bitcoin / Bitcoin Discussion / Re: If Bitcoin Is Old Tech But.... on: June 13, 2020, 11:32:36 PM
In what way you can judge that Bitcoin is old tech? For me, it is still new tech and even many people still don't know about it. How can we conclude it as an old way! Anyway, until now, we cannot find any altcoins better than Bitcoin that solve all problems on Bitcoin. So, it is nonsense if we want to focus on other crypto coins. Or you already have a better coin than Bitcoin? Tell me, please..  Cheesy
4824  Alternate cryptocurrencies / Altcoin Discussion / Re: Indian institute of Science helping make Blockchain for Businesses. on: June 13, 2020, 11:17:26 PM
I know that several major universities are already doing further research and work for blockchain technology, and IMO, this is what will help us take this technology to the next level. Thoughts?
It is a good chance and ideas to introduce and also facilitate the institutions to make certain blockchain for business. this will widespread the utility of blockchain technology. Of course, introducing this will also make many more people aware of technology development.

However, some moments ago, I heard about the plan of India for banning the activities of the wide spreading of cryptocurrency. If the ideas of making blockchain for business also relate to cryptocurrency, what will it happen?
I also do not know exactly why the government plans to ban the crypto after so far it is good enough in the country. they think of the down of Reserve Bank of India (RBI) as stated in the article below https://decrypt.co/32160/india-considers-another-widespread-ban-on-bitcoin
Is it not with this, the development of the world of technology can be increasingly difficult to develop?
4825  Bitcoin / Bitcoin Discussion / Re: India may again ban cryptocurrency on: June 13, 2020, 11:09:47 PM
Another ban for cryptocurrency again? Well, as stated in the news, the cause is because of fears of the decline of the Reserve Bank of India (RBI) after previously could not prohibit the existence of cryptocurrency in the country. But does it have to be crypto banning? then what about the people or industries related to crypto in the country? Isn't there a better step than banning? Like a win-win solution for the country and its people related to cryptocurrency?
4826  Alternate cryptocurrencies / Altcoin Discussion / Re: Any use for failed cryptos? on: June 12, 2020, 10:58:02 PM
Any use for coins/tokens of defunct projects like Synereo/Hyperspace (AMP) and others?
Yes, there is.
It is for fulfiling our portfolio wallet  Grin
There is no use for the token that is failed, or not listed on exchanges. What you need to do is only forgetting the coins or tokens and moving to the other promising projects. that is why, it is very important for us to analyze the project before joining, analyze whether it has been listed on the exchange or not. Most new coins are not worthy enough, except that you find the real use case projects. It may be worthier to keep holding.

if you are going to invest in crypto, it is better for you to pick the listed coins on exchanges, moreover the top coins. If we pick the coins from ICO, be ready if sometimes the coins or tokens die without any future chance to grow. It is usually enough.
4827  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is there any chance that can alternative coins disappear completely? on: June 11, 2020, 11:51:35 PM
Is it something predictable, buddy? I think NO, no one really knows exactly about altcoins' future. However, in my opinion, since many parties are involved in altcoins, I believe they will always survive as long as crypto space exists. Altcoins have a big role to support the improvement of crypto adoption around the world. Not only support crypto space but even it also contributes to the Bitcoin. I cannot imagine how hard Bitcoin survives without altcoins. It probably has a small chance to survive because of weak support from the community.
4828  Economy / Economics / Re: COVID-19 Impact on the Indian Economy on: June 11, 2020, 11:21:32 PM
..snip..
First, COVID-19 is a global problem and it is faced by almost all countries in the world. It gives impacts to all countries, not only in India.
Second, the impacts of COVID-19 are not only for the health sector, but it has been increasingly expanding to various other sectors such as economic and financial sectors, industry, mental health and psychology, education, activities, and various other sectors. It can be said that this makes a global crisis.

We can see the chart below that reflects the impact of Covid-19 on the recession of advanced economics in several big countries, moreover in the developing countries. It will give bigger impacts on society and moreover about the economic crisis.



The decline as shown on the chart is considered worse than what happen in the world since the 1930s. Although probably there are still positive impacts of this pandemic, the negative is more than it.

Source:
https://www.bbc.co.uk/news/business-51706225
4829  Bitcoin / Bitcoin Discussion / Re: Crypto Ban: Russian Regulators do not want Legislators to Ban Crypto on: June 11, 2020, 10:23:16 PM
A report coming from Russia has revealed that the country Ministry of Economic Development has frowned against the draft bills which was introduced by lawmakers.
First to note is that the regulation for banning crypto and its industry only comes from lawmakers. And this is still in the proposal stage and there are still many pros and cons within it. I'm sure that lawmakers must have very strong reasons and facts why crypto must be banned in that country. A new regulation without very strong and factful reasons will not be accepted by all parties in a country. A new regulation must be profitable for all parties, both the public, government, and also all sectors including the industry. So, it can't decide a certain regulation without considering the others.

The Ministry argues that the new regulations should take a different approach and work on establishing a 'controllable cryptocurrency market' in Russia.
I also agree with the statement.  a new regulation must be good enough for all parties, protecting the society and industry related to crypto use is actually needed. As we know, many projects come from this country. And if it is banned, how's about them? What will the country do to those industries that are now running very well and profitably? Additionally, the government should also think about how the society of the country wants, if the positive sides are bigger than its negative sides, why should be banned? I think that it is needed for lawmakers to listen to society, industry representatives, and also other parties before making this kind of decision.
4830  Economy / Economics / Re: Why I am quitting ICO's on: June 09, 2020, 06:48:50 PM
so what's your idea that IPO is actually better or what
Hey, have you read what DikkieD wrote on OP thoroughly? He never stated the alternatives of ICOs. He just explained the reasons why he quitted from ICOs. He has invested about  5 ETH on some ICOs, but finally he just got tokens from ICOs which have underperforming or bad values once they are listed on exchanges. That's what he exactly told to people on OP, there was no talking about other things like IEO, IPO, or STO.  Tongue
4831  Other / Beginners & Help / Re: Trading on: June 09, 2020, 05:40:49 PM
..snip..
Actually I'm not a good trader and I'm also not great in trading. It can be said that I'm also a newbie in trading. SO, I may not be able to give you good advice. but, I will only share what I experienced as a newbie.

1. Prepare yourself before trading
When we are starting to trade, never only think of the profits to count if winning. Well, that was what I experienced, think lots of the profits that I could gain by trading. But in fact, there is always "RISKS' that cannot be separated besides profits. yeah, be aware of it and be ready for any kind of risks that you will face, including losing your funds lots.

2. Learning the basic, very basic trading
It includes the types of trading, the mechanism, risks of every trading type, the platform of trading, and also how to set a good way of trading.  The sources are available in many YoutUbe channels, telegram community, and also articles. You can also watch the live streaming by the trader that share their opinion, and you can learn from it, asking what you want to ask.

3. Using "demo" first before doing real live trading
Some platforms offer the "Demo" menu for trading in order to understand the mechanism of trading in that platform. of course, not all platforms offer it. if it is there, you must utilize the "demo trading" in order to give you lessons and views of what you must do and what strategy you should have.

4. Make trading from small to high
It is sure to make certain management budgets of the trading. If you have a lot of money, you can diversify them into some stages of trading. First, you may choose the right amount for trading in such a coin or platform. It may give you fewer profits, but it is for safety first.

If you want to have safer trading, BTC may be a good idea, but if you want to have certain challenging trading, choose altcoins. Someone told me about this.
4832  Economy / Trading Discussion / Re: Crypto traiding speed on: June 09, 2020, 05:06:34 PM
I used to trade a bit and I see that some btc or eth operations could take days to finish. Wha'd you'll think? How to escape from long and slow transaction?
Seriously take some days? Well, it may happen if the traffic is so crowded. But, in the normal condition, I found no problem with the transaction speed. Commonly it only takes some hours. Moreover, if I increase the fees, I can get in only in an hour. It will depend on the blocks that it is passing through. Additionally, it will also depend on the platform, exchanges, wallets, and others. Moreover, when it is on exchanges, it will only take less than an hour. So, I think it is too worry about spending some days of transactions.

After reading the comment from @btc_angela, I directly opened the link and found it.
Stop with the click bait article here, for those who don't want to click the link below, the OP is promoting Freewallet and Changelly, which we all know has a lot of negative and scam accusations from this community.

Here we go, the exact meaning of this thread is on the article subheading "Solutions & Examples".
This is part of the quote on the article:
Quote
For example, in a joint effort, Freewallet and Changelly have provided their users with a feature of fast exchange transactions. Reportedly, they get executed in 3 minutes at worst.

I think that everyone should be more careful in deciding or using the third party for your transactions. or you must be also very careful to choose the platform for your transaction. It may offer a high-speed transaction, but ensure that "safe and secure" are better to consider at first.
4833  Alternate cryptocurrencies / Altcoin Discussion / Re: What should we need to do for a successful ico on: June 09, 2020, 04:56:16 PM
First question, do you have enough funds to list your tokens on trusted exchanges? If yes, just choose a trusted exchange to list your token first and provide IEO there. It is the only way to attract people to join or support your project. Please don't plan for ICO, it will risk your project and probably ends with less interest of investors. ICO era has been over, the real investors now avoid buying token/coins from an ICO. Be smart to choose the way to have fundraising, buddy!!
4834  Economy / Gambling discussion / Re: What does Gambling really mean to you? on: June 09, 2020, 04:32:42 PM
-snip- there are people who treat gambling as their business because they know how to play the game, the tricks and techniques, but most it is for their entertainment.
That's true, most people seem to gamble because they need entertainment or having fun. It is what we can get from gambling mostly since to earn money regularly is almost impossible. Even we are a professional gambler, I bet not every day to win the gambling with big prizes. The tricks and techniques don't work on all gambling games, some luck-based games aren't influenced by them. The chance to win is always the same and no guarantee at all.  Wink
4835  Economy / Gambling discussion / Re: [DISCUSSION] How to overcome a big loss in gambling? on: June 09, 2020, 03:49:03 PM
Always, it starts with your emotion, knowing how to manage your emotion will reduce the risk,
You mention the main point, buddy. Controlling emotion is the key to prevent the risk of a big loss, and avoid more losses after a big loss. However, to manage emotion isn't an easy way, some people failed to do this. But, we have no choice, we must learn to manage emotions in order to make our gambling safer. Even if it is hard, we can try more until we can succeed to control it. Maybe one of the ways is by reading the expert's experience or tips from various articles.  Wink

if you ever lose big money in gambling, you need to accept that and learn from your mistake,
Correct. Accept it and don't be influenced by the temptation to overcome it immediately. We must have this mindset if we want to survive in gambling. Also, learn from mistakes is a must, it is the source to get understanding in solving the same problem in the future.  
4836  Economy / Economics / Re: Does Currency Value Falls During Recession? on: June 08, 2020, 11:51:15 PM
As what I read from the article, I can get the meaning, at least here.
There may be no hard or even fast rules due to what's going to happen to currency value currency during the recession, or even the deep recession. Even though, some currency may seem to fall. because, the country is not considered a worthy place for investment anymore.

The evaluation of factors that may influence:
1. In the recession period, inflation is seemly to fall.
2. Many factors may affect the values of the currency
3. It may depend on what's happening right now in other countries around the world
4. The confidence of the country even faces the recession.


Source:
https://www.economicshelp.org/blog/9746/currency/happens-value-currency-recession/
4837  Economy / Gambling discussion / Re: My top five favorite poker movie scenes... on: June 08, 2020, 11:25:35 PM
I ever watch this kind of movie, but I really forget the title. And how can I tell you?
So sorry, but really it is difficult to remember the title of the movies. It is about gaining a big win with life risks.
Well, aside from what I watch, poker movie has been being there around past years, before the crypto world exists also.
It is always popular, moreover, it may show us the tricks and what happens behind the poker room and its activities, about the gamblers and its life. It represents many things.

I already search for the next movies to watch probably if you want to go for it. Here you can find it
https://www.amazon.com/All-Poker-Movie-Matt-Damon/dp/B007X15QR6
4838  Alternate cryptocurrencies / Altcoin Discussion / Re: Investors Behavior in Cryptocurrency - short anonymous survey for dissertation on: June 08, 2020, 11:20:00 PM
..snip..
Already submit the form of survey.
But, I don't know whether it is true or not, there are only 11 questions. Is that enough to be a survey (questioners)?
And here, you should also pay attention to the number of participants. Hopefully, you can reach at least the minimum criteria of valid data for the participants required.

Well, actually, there are several types of investors in the cryptocurrency. And each type may have different behavior especially in order to take profit, they are short or long term investors.
4839  Alternate cryptocurrencies / Altcoin Discussion / Re: KEEP HODLING ETH - XRP - NEO ??? on: June 08, 2020, 10:47:44 PM
I of course had to have some of my coins diversified.
yes, that is true, better to diversify our funds in our portfolio better in order to get more chances. however, in this case, besides Bitcoin, I will exactly refer only Ethereum. Well yeah, I am not big holders or traders soi that only having small amounts as the initial fund. therefore, I prefer to choose ETH, more exact altcoin besides BTC.

I don't want to debate that probably there are fans of XRP or even NEO. this is only my favorite coin, ETH and BTC are the cryptos that I hold mostly.
4840  Bitcoin / Bitcoin Discussion / Re: What percentage of tase, is currently loyal to Bitcoin....! on: June 08, 2020, 10:34:53 PM
Not as beautiful as in 2016 and 2017, at that time many communities were interested in learning and learning about Bitcoin, but since the pandemic and the price of Bitcoin did not have a good impact on them, many turned to other internet worlds.
I may not be able to define how many percentages of the community in my region, because well yeah, actually I'm so very rarely to met them, even before this pandemic emerging. What's more, even in this city, I don't have a certain community regarding Bitcoin or other cryptos. I only participated in a number of telegram communities, and indeed compared to the beginning I joined, it could be said to have decreased "somewhat" drastically.

Here, a little story, actually met the first time with crypto activists (especially Bitcoin) in 2017, more precisely the end of 2017. At that time Bitcoin was like something that was very wow discussed in various circles.
And when it appeared, I joined a community, where at that time I was totally new and didn't even understand it, I could say "just go along", not even active, just monitor what they were talking about (I could even say more than 50% don't really know about this, only joining and sometimes not know what to do exactly and correctly  Grin). At that time there were still limited members of the community and later in 2018, more people joined. Just to learn and earn a fortune in this crypto world.

But what happened next was when the crypto world began to decline, especially when the price of BTC plummeted, the community members disappeared, even more than 60% were no longer active. And now, as far as I know, only 10% are left to work on this crypto world.

Said to be ironic, maybe yes. However, this is related to the income obtained from this, which is increasingly declining.

In fact, actually, if you want to be occupied, Bitcoin provides an unusual opportunity. Let's see, in this pandemic era, where we can't work outside, even losing our jobs, we can still make an income from the crypto world, especially more earnings from BTC. It was obtained from either a campaign like this or trading or other activities (short/long). that's what I feel now, it is the best way for me to earn money because losing jobs outside during this pandemic.
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