if I've created account/wallet on coinbase or any other exchange then my account is hacked and my coins/money lost who are responsible for it The Exchange where I've created account  is it my mistake what's you thought about it and how i make my account safe It depends to the situation if you enter a phishing site then its your fault even you not want it, but if the funds hack in exchange then the responsible is the exchange. That why we need to be careful in any we click especially links of sites that not familiar to us. It's better to ask or research before put your assets in any exchange or wallet. Because some hacker copying the links of legit site like wallets and exchange. Extra careful and be vigilant at all times, protect your privacy data like email and password. I think we shoudn't blame it all in the exchanges because first of all no system is perfect, every system is vulnerable from hacking but there are some ways to reduce the damage of hacking in our crypto accounts. We should learn to diversify our money or simply don't place all your eggs in one basket. Secure your passphrase and password in a place where we can only access it. Lastly, check the domain name of the website, for instance bitcointalk.org is different from bitcointalk.com. Simple mistake could cause a worse case scenario so check every little things. |
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I am sure other countries will soon follow when China and Turkey succeed in implementing the blockchain in their countries.
There are definitely crypto lovers who disagree with this because what the country is making is a centralized currency digitalization. But I am neutral, as long as it is beneficial for the country and makes it easier for the people, I cannot say bad words. At least, later, many ordinary people will be aware of the existence of crypto beside their country's coin. And it is hoped they will buy other assets such as bitcoin and altcoin.
It seems government are now seeing the capabilities of Blockchain technology, this could now be now the beginning of digitalization of currency. They create their own cryptocurrency probably because they want to replace or simply dethrone the leading decentralized currency which is Bitcoin. They want to create a cryptocurrency for their people that can be regulated unlike Bitcoin. |
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I think the Chinese government will only accept bitcoin as a commodity. because they already have plans to make their own crypto coins. and I heard that this crypto coin made in China is called DCEP. I'm sure China will support DCEP more than bitcoin. they don't like bitcoin because it is anonymous and decentralized. that's why they make their own coins so they can still control it.
I had also the same thought, and I think that is why president Xi endorsed the utilization of Blockchain technology. This could be the first phase of the creation of their own cryptocurrency, I had no idea what name of the coin would be so it is good that you shared this one. Decentralization and anonymity of Bitcoin are some of the reason why big countries wanted to create their own cryptocurrency for them to manipulate and regulate this technology. |
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For someone like me, I don't have any problem paying taxes actually. The government use tax payers money to construct roads and bridges for rural areas and build schools and hospitals.
Even if your government is not doing anything you are bound to pay your taxes and if not you will get into trouble, just follow the Federal tax rates and pay them without any delay, i got a notification from them about my trades i did a long back and i had to clear everything about the profits and the loss i made during those period and if you are not following the rule then you will get into trouble and i am not taking any risk regarding that. I dont actually paying taxes on my cryptocurrency because the government in my country cannot regulate the cryptocurrency. The banks are the ones who can give taxes, if you want to withdraw your crypto you are converting your money into fiat and you are paying their service. It is not good if the government will give taxes to those who are earning cryptocurrency since there are no organization and group of people who are running crypto, we all know that it is decentralized, that is the reason maybe they cannot regulate it. For as long as it is not required by your government then it is fine, although income from crypto whether from trading or from any form of campaigns still part of our income that we should be declared, but as per me too, no need to declare yet as they will just question everything for now, so I am just declaring the income from my small business and from my small time lending company. If your government charges a tax for using or storing a Cryptocurrencies then that means this technology is already allowed in your constitution and I thinks it is reasonable for them to charge taxes. These collected taxes could help to improve the economic status of one country so your payments will not in put in vain. Luckily, I'm on the country that doesn't charge any tax with regards on my crypto funds but it doesn't mean its illegal in my place, perhaps they don't have an issue upon using this technology. |
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I think most countries do not like bitcoin and cryptocurrency. including the United States government. they don't like bitcoin and cryptocurrency because anonymous and unregulated cryptocurrency can be used for criminal acts such as drug trafficking and terrorist financing. and I think if now the United States government wants to stop bitcoin I think it's too late because bitcoin has grown rapidly and already has a lot of investors all over the world.
Even if they did ban the usage of Bitcoin still they cannot prohibit the people from using it, Bitcoin has an untraceable track which makes things more difficult for the government. The government is only against in Bitcoin and other cryptocurrencies simply because it is tough to regulate this type of currency, meaning this can be used in some notorious transaction that involves drugs, terrorism and more. Moreover, as long as people could get profit from Cryptocurrencies they will never stop utilizing this technology even if they declare it unconstitutional. |
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Do you still hold coins and wait for them to grow?
I trade every day and make a profit. I can make a few in one day. For a month, it turns out about 100%
Why sit and hodl coin?
Yeah I do still hold and I preferably to wait until for to pump simply because I am a person who have lot of things to do, I don't have enough time to monitor the market which highly recommend for daily trade. Even though I have still some knowledge about in this from of trading but it doesn't fit on my time. Honestly, they almost have no difference because if you used to trade daily it can be compared to long-term trading that takes about a year or months. |
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my mind always asks, if one day bitcoin gets legal regulation, and is recognized all over the world. will fiat currencies continue to work? which country will be saved by the economy? and which countries are negatively affected? Or not effect in country. because in my opinion. when the legality of bitcoin is recognized throughout the world. There will be no currency difference. all values are the same. or will become commodity items such as gold etc. Give me your opinion
Bitcoin and other cryptocurrencies could be an another form of payment for a certain country but I doubt that it will be replace fiat. Bitcoin is already been recognize across the world but some of them aren't ready for this kind of technology. Yeah this could be slightly improve the economic status of one country since crypto is known of having speed transaction and speed is necessary for this business industry. |
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When we're talking about cryptocurrency, we don’t usually discuss philanthropy — donating to charity isn’t something often considered. Most of the talks are all about earning, mining and trading crypto. That's totally ok, but I believe that cryptocurrency may have some great features that could have a huge impact on charities and charitable giving. I'd like to ask if you know any charity organizations (verified, of course) that accept BTC as a donation. And if so, which ones? I could only find that list, but it's quite short. What's your opinion about Bitcoin donations? Did you ever donate your crypto to charity organizations? Why? American Red Cross was one of the nonprofit organization that accepts cryptocurrency and Bitcoins to be certain. There's Borderless Charity that provide housing, education and healthcare that accept 2 top ranked coin which is Bitcoin and Ethereum. Cryptocurrencies are now becoming a trend for nonprofit organization simply because of most young donators are preferably use crypto and for people they preferably donate it because it is easier to send crypto than use credit cards. |
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Will you trust a project that the one that announced it in the announcement thread is a legendary member even though the legendary has announced that he is not part of the team and was just part of the service he offered.
Let me know your thoughts here.
I think high rank would be just a bonus unless it is handled or announnced by reputed person in this forum but what matter the most is by looking on the project and analyze it by yourself if it is worth of your investment, look for their roadmap and if they have chance to reach their hardcap . Account can be just bought( not sure if this legal on the forum) and use it for promote scam project so let's just not rely on the rank. |
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This stuff is getting boring.
Coinbase Pro recently raised it's fees so high as to block out ordinary traders. Binance kicked out USA traders. Bakkt is not going to be too much different as they just keep raising the bar and implementing more rules and regulations, making crypto boring. Gemini is just a greed machine too, while the people who own Gemini are already ultra ultra wealthy, and they just want to keep becoming more and more greedy.
It is just one thing after another everyday and it is all really boring news too. Bitcoin is all just a bunch of greediness and politics now a days. This is not a fun environment anymore. It is taken over by greedy exchanges that are already rich, and they do not have to be greedy either, but the people who run the shows just sorta stuck on creating this stuff I guess. It is taken over by people who's entire focus is just being greedy.
The actual cryptocurrency businesses out there that employ people are starting to get overloaded with pointless HR style jobs and soon half the industry will just be grouchy HR people, or grouchy bank people. Also the crypto businesses all require college degrees, which basically guarantees that less creative people will be in there doing anything interesting. It will be similar to how college administration departments became over run by tons of interns who are paid to just push paper and it makes college diplomas too expensive for anybody to obtain without going broke and into debt.
I also do not like all of the female-only cryptocurrency conventions and meet ups. Why are they female-only? Those are like giant planning committees that are planning to just take over and then add more and more worthless HR jobs into cryptocurrency company structure. It really sucks. It is like the whole industry is being taken over by lamo's who really do not have much interest in crypto but they can get jobs related to this stuff, and they can get in on some greedy level making everything unsustainable for everyone else.
Interesting. There is negativity in the whole community too. Try talking to anybody about your entrepreneurship concepts and everybody just throws mud on it like a bunch of Negative Ninnys.
End of rant. I am thinking of taking up a new hobby.
Cryptocurrencies is decentralized indeed however, it seems government or people who have authority and rich people who owns exchanges are limiting the usage of this technology so basically they are more likely indirectly manipulating the market. However, this will not be an enough reason for me to quit crypto industry but rather I will take this as a challenge and try to overcome this issues. Just be optimistic or believe for the uptrend to come and perhaps that would take away your boredom towards crypto. |
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Hey guys, I was wondering about Bitcoin, blockchain and cryptos in general and their relation to the games industry
We all know, people at my age (31 years) growed up playing games, surfing the internet and they are very close to technology in general
Games always have put new technologies to evolving the market, like: Internet to play multiplayer games, virtual reality and 3d to have a deeper experience, photorealism, payment inside app/game and etc
But until now, games industry didn't use any new technology related to cryptos
Do you think they will use?
And if yes, how they can use BTC, blockchain and cryptos in general?
The only and most obvious for me is use cryptos to pay games, in steam, psn, xbox live and etc, but I'd like to see your ideas guys
Yeah it is hard to spot a game service company or literally a game that accept any form of cryptocurrencies. However, I have read an online article that there's a game service company which is Steam have once used to accept Bitcoin but due to high fees and volatility of crypto they terminate this kind of method. According to Steam they might still reconsider of bringing back this payment method if Bitcoin becomes more stable. |
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Blockchain can naturally replaces traditional banks but it shall never be implemented by the politicians/governments because blockchain shall bring a lot of transparencies, government money laundry shall be diminished entirely.
On the other hand, i will not support that blockchain should replaces the traditional banks because it shall make a lot of bank staffs worldwide to loose their job, my suggestion is that banks should implement the blockchain system and make their services to be faster.
Blockchain also requires some levels of education, some third countries still have more than 50% citizens as illiterates.
You have a point, Blockchain can definitely obliterate banks for some some reason however at the same time this will increase the unemployment rate of a certain country especially for third world countries. Besides, some of third world countries have no enough such technologies to access this thing. Implementation of Blockchain system might be better solution. |
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Hi,
I have some questions where I have been thinking about the past week.
Why do you trust some website/company with your bitcoins?
Let's say a bitcoin casino, what makes you deposit bitcoin?
Is it the provably fair? Does it mean you trust a site when the game is fair?
Is it the looks of the site? The amount of users there are? If there is an open chat where you can see active users?
Or something else that doesn't have a game that's fair, for example a bitcoin exchange, how do you trust them?
Overall: What makes you trust bitcoin related services?
I think it is not totally about the trust, yes it matters but I think we put our Bitcoins in related crypto websites because we risk it for the sake of profit. I deposit money in casino simply to entertain my self and profit as well if got hit by any luck. The only websites I trust to place my funds with are the online wallet that stores Bitcoin and other cryptocurrencies. This industry is full of risk and it is hardly to put our trust the best to do is to take the risk. |
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I just want to add for the list is learn first the fundamentals of trading. Before engaging in trading you must have gain an experience first so that you can realize what is the do's and don't also it wouldn't hard for you to deal with problems. Always remember that set aside our emotion because this will be only a hindrances in our trade. I like the idea of diversifying our trade to avoid losing all of our funds, just like what other said "don't put all the eggs in one basket". Remember as well that invest only the money that you can afford to lose.
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These 3 big reason could really have an huge impact on the movement of the market especially if Chinese Traders go for FOMO and the opening the market of Bakkt for bitcoins this coming December. We could expect that there will be a pump will occur in the last quarter of the year however, we can hardly tell if will $20k again just like before 2017. As for measurement, perhaps it is good choice if we will purchase and Hold more Bitcoins. |
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Bitcoin and cryptocurrency in general will only advance if people actually use it for more than speculation.
In the past we've seen lots of retailers enabling bitcoin and other cryptocurrencies in their checkouts, and then been disappointed that hardly anyone has used the function. And we have had some orgs like Steam disabling bitcoin and giving up on it.
So how many people on here have actually used cryptocurrency in real life?
I'll start: I haven't used bitcoin (because I consider that savings), but I have used dogecoin to buy gift cards and bitcoincash (BCH) to deposit to a betting website via BitPay.
Anyone else want to share their experiences?
I'm not directly using crypto in real life, before I spend it I used to convert it into our local currency to buy some stuff because unfortunately, in my country we have no store yet that accept any cryptocurrency for mode of payment. However, yeah I've been using quite of my funds from before up to now. Perhaps, procurement of government will be necessary or will be a signal for any store to accept this kind of payment system. |
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The Bitcoin whitepaper was released in English, how did the Chinese get sointerested ahead of others that they dominate mining of bitcoin?
Simply because they had manpower, China always dominate everything whether manufacturing of different products and services so there's no doubt they will dominate Bitcoin mining and even the market. As a matter of fact every move China made makes a big impact on the market just like what happended recently where president Xi announced about Blockchain technology. Anyway, this big country had enough technology to conduct these activities. |
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Honestly, there are really people who don't believe in Bitcoin because of their wrong interpretation of it. They don't know its advantages as a currency and as a mode of payment. Yes, it also has its risks but it could honestly make things more convenient than banks. Bitcoin is more accessible and we could really have financial freedom through it in the future.
Simply because we cannot our ideals and insist it to others. We all have different perception regards with Bitcoin, as for us the usage of Bitcoin is advantages in terms of profit and more while for others they saw it as a threat especially media and we can't blame them. The only thing would change this negative feedback is the procurement of government across the world. |
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I want to know the opinion of all crypto friends in this forum about Ethereum, because the price of Ethereum is currently unable to rise beyond the $ 300 figure. ethereum prices are only between $ 150 - $ 250. and this incident makes me wonder, why did this happen to Ethereum ??
Not only Ethereum but most of the entire crypto are sharing the same way, probably we are still in the bear trend. Ethereum is one of the promising coin so there's nothing to worry about, I had some of my investment in there yet I still believe it will give a me a good profit, just wait for uptrend. ETH has its own time to bloom just be patient and control your emotions. |
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Is the service and profitability, even if bitcoin is highly volatile, are the only two reasons why bitcoin is attractive to investors? Any good opinions or answers? Thanks
Bitcoin is versatile, it depends upon us where we preferably use it. Most of folks here in crypto community wants Bitcoin because of profit it can give, the transaction speed, no third party involved, anonymity and more. Investors loved to use kind of technology because of highly volatile which can give them more return. Besides, Bitcoins had already outperformed other FANG assets, basically more powerful compared to other assets. |
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