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5601  Economy / Services / Re: bustadice signature campaign(FULL) on: February 14, 2021, 07:53:08 PM
Btctalk name Varanvaran
Rank legend
Current post count 1005
bustadice Name varanvaran
Wear appropriate signature

I will add a signature if I am accepted
Is this a bought account? I am just curious because it is directly above that this campaign is now full again.
5602  Economy / Gambling discussion / Re: Premier League Prediction Thread 2020/2021 on: February 14, 2021, 08:52:54 AM
If we have to say which team has the most chance to reach the championship, I'd say Manchester City. They even prove that they deserve it by demolishing the big clubs in the Premier League. First scoring 4 goals against Liverpool and now 3 goals against Tottenham. Leicester and Manchester Utd must do much better than this if they want to keep pace with City.
Man City just know how to have their ways in the premier league, they have been the best since the last decade in premier league, even if they  do not perform well in championship league, they still perform good for premier league. If Man City have the league this season, they really worth it with how they are playing, they play good, they play strong.

We are in the second half of the season, while most in the 23rd match, only not long again to final and Man City has really created much gap between them and the clubs that may want to really fight hard with them. I do not think they will lose this league this year either, they have already created the chance as other strong clubs find it difficult when they make waysthrough to conquer.
5603  Bitcoin / Bitcoin Discussion / Re: America's oldest bank support bitcoin holding on: February 14, 2021, 08:42:14 AM
BNY Mellon, a 236-year-old American investment bank that controls around $2 trillion, announced on February 11 that it will soon store Bitcoin and other digital currencies, offering the same asset-management services it offers for traditional currencies and stocks.
The world is recognising the truth of digital asset value, they are getting to know that there can be digital assets, they know if they do not support that now, that they may be losing, that is why they are getting to involve in bitcoin holding. This is just one of th nice move into crypto industry, the number of institutions dealing with cryptocurrencies are now increasing. From the report I read today, institutions now hold 3% of the total supply of bitcoin.
5604  Bitcoin / Bitcoin Discussion / Re: Can China takeover Bitcoin network? on: February 13, 2021, 08:25:08 PM
How can China take over bitcoin network? It is not just possible in any way. China miners dominate on bitcoin mining, but not in a way they will take over the network, the domination is reducing drastically as their government is becoming hostile to bitcoin mining a little. In 2019, China mine 75% of bitcoin, in 2020 China mine 65% of bitcoin, can you see how the mining by miners in China are reducing drastically. And even with this, how can they control bitcoin network, it is not possible while bitcoin they mine are mostly sold out of China.
5605  Other / Meta / Re: Do you click on signatures? on: February 13, 2021, 10:50:27 AM
The companies will better be the best to give more accurate information about this, there are some signature campaigns that do not last long, probably because their aim has been achivee or because no much further progress after advertising. While some will be long term because they are having much increase of users and other people that are not even users but using their platform when they bring up their campaign here. Many of us will registered on some of these companies and make use of their services. But it is the companies that will tell us what progress they achieved after bringing campaign to this forum. The ones that last long see many people that click on the signature while many out of the people that click on the signature still go further to make use of the their services.
5606  Bitcoin / Bitcoin Technical Support / Re: My Transaction Stuck already 4th Day - Please Help. on: February 13, 2021, 08:59:41 AM
They aren't being shown by a block explorer. But they are still taking up space on the Trezor wallet to prohibit double spending. It's via the desktop-web browser.

I'll look into the trezor/electrum thing, thanks for the idea.
The best you can do is to rebroadcast the transaction, the transaction would have left mempool some weeks ago, it usually take two weeks for transaction to drop from mempool, but it might take before or longer but transaction of 6 to 7 weeks would have dropped from mempool. All you need to to is to spent the same transaction again or cancel it.
5607  Bitcoin / Legal / Re: Is buying from a merchant who accepts bitcoin a taxable event? on: February 13, 2021, 08:41:48 AM
Suppose I buy from a merchant who accepts bitcoin (e.g. Newegg which uses Bitpay).
Is this a taxable event? i.e. should I report my purchase to IRS?
No, not taxable.

This is how it works
You buy: not taxable
You send: not taxable
You lose while holding or trading: not taxable
You gain: taxable.

How gain is taxed
It can deffirr from country to country. Supposing the tax is 10%
You bought $1000 worth of bitcoin.
The price increase and you have $1100.
The gain is $100

10% of the gain
10% of $100

The 10% of $100 is equals $10.
5608  Bitcoin / Bitcoin Discussion / Re: T-Mobile Sued Over SIM Attack That Resulted in Loss of $450K in Bitcoin on: February 12, 2021, 08:06:44 PM
I know at least two occasions, only in my finds circle, when mobile operators 'send lost SIM cards' to scammers.
Scammers will require for sim card of another person lying it is lost but not lost. This can likely be a collaboration between some workers in the company providing the sim card service and the criminals against the victim. Just as you said, I will also like the man to win the court case to be an example for the sim service providers to protect peoples sim by not sending it to scammers.
5609  Bitcoin / Bitcoin Discussion / T-Mobile Sued Over SIM Attack That Resulted in Loss of $450K in Bitcoin on: February 12, 2021, 07:29:16 PM
Please, what can be the cause of sim swap attack? In most cases the victim are not to blame, the organisations for providing the service have to be blamed. The attackers are from the insider, from the company. The workers from the company will make a deal with others criminals to steal our sim from us. See this deadly attack.

T-Mobile Sued Over SIM Attack That Resulted in Loss of $450K in Bitcoin
Through sim swap, over 15 bitcoin lost.

You can read the full true story from here: https://www.coindesk.com/t-mobile-sued-over-sim-attack-that-resulted-in-loss-of-450k-in-bitcoin

Let us make sure our sim is working all the time, if we notice anything like our sim is not working, let us call the service provider or immediately go to their office to block this sim and get you another one.
5610  Local / Nigeria (Naija) / Re: Nigerian Bitcointalk Community Hangout. {Current topic: NIN & Local board} on: February 12, 2021, 07:10:40 PM
The skurskur people don start oh. I hope sey the gbenge nor rub anyone here potorpotor sha. Na anything to take bring common man down oea banks dey rush do. Ask dem for loans na, e go take dem forever to process your application. Idiots without a leader.


This is stale news, everybody are going p2p so far cryptocurrencies are not totally banned.
5611  Other / Off-topic / Re: Explain Like I'm 5 - Bitcoin Explanation on: February 12, 2021, 06:30:26 PM
I think using only Coinbase and Gemini as the exchanges to buy bitcoin is not enough, there are hundered of exchanges out there. Also, you need to let people to know about privacy, how kyc can be required if using custodial exchanges and how this can be used to track their whole transaction using the blockchain explorer. There are many p2p exchanges that can also be used in buying bitcoin. Also are some exchanges that will not demand for kyc and alsosome like hodlhodl and bsiq remain decentralized exchange. Also, another means is the se of mycelium local trades.

Know that Coinbase is not supported in some countries, I will still prefer binance, but it will be good to make use of mixers or coinjoin before sending to your hardware wallet for privacy reasons.
5612  Other / Meta / Re: Request for Nigeria local board on: February 12, 2021, 12:16:02 PM
Guys, several days have passed and a lot has been said already. I suggest you appoint one person you all trust in the Nigerian section and have that person communicate with either Cyrus or theymos.
That is what has not yet been done, but hopefully we are going to message theymos and also Cyrus. I may later bring this up in Nigeria local board. With the increasing activities our forum is having, I think there will be a time theymos will found good reasons to give we Nigerians local board because we really need it for more transparency about trades among us and for guild about how to use cryptocurrencies safely Nigeria.
5613  Bitcoin / Bitcoin Technical Support / Re: My Transaction Stuck already 4th Day - Please Help. on: February 12, 2021, 11:33:17 AM
This is great, that means free acceleration still works, I have checked to know that the transaction was put in viabtc free acceleration. With the average mempool size we currently having, it is clear that viabtc really helped the transaction confirmed because the mempool is having many transactions to be confirmed which makes miners only to pick high fee ones.
5614  Other / Meta / Re: Some german guys keeps sending merits to each other for sig campaigns on: February 10, 2021, 08:14:59 PM
I dont accuse 1meow of anything but he is a merrit source and he has exchanged trust (despite no transaction), bumps for sig threads (to ask for sig sponsor), and merrit extensively with that guy.
This is not an excuss, does 1meow merit bullrun2020bro post that did not deserve merit? If so, you can just lists out the such posts as an evidence and bring it up here.

But know that merit can be bias in the local boardz but if the posts are not worth it, report them.
5615  Other / Meta / Re: Some german guys keep sending merits to each other for sig campaigns on: February 10, 2021, 08:10:34 PM
bullrun2020bro is a good poster, but there could be bias in sharing of merit in the local boards not only Graman boards, but as bias it may be, they still give it to posts that worth the merits. There is a board, I think German also, that they do give merit to almost all their topics, but that does not mean if the topics is quality and deserve merits. The non local board merit of a thing can be hard, theymos even like to give local boards merit source, it has reasons, but giving it to good posts is what is required. And as I know about bullrun2020bro, he is a good poster. Just  settle this between yourselves so that he can remove the negative trust from your account.
5616  Other / Beginners & Help / Re: Can I convert bitcoin to another crypto with coinbase without any fees? on: February 10, 2021, 04:01:35 PM
Seems to be a scam. They will charge me again 1.5% to convert to USDC.
That is too high, if you are not from US, you can use binance for such trade, binance only charges 0.1% for every trade you make. If you are from US, you can try binance US, but I have never tried out the exchange before as I am not from US but I believe they will mimic binance some kind aside from the market volume of binance.com that is much higher and also much more trading pairs on binance.com.
5617  Economy / Gambling discussion / Re: Gamblers - How do you use your signature campaign earnings? on: February 10, 2021, 01:49:33 PM
First of all, we should know that there are some companies that are not providing gambling services but have campaigns on this forum, some are wallets, crypto mixers and some are exchanges. It will be good to also have ways we can take to support the companies we are advertising, for gambling gamblings, there is nothing there to use 5% of monthly payment to gambling, I like to gamble low but stake high odds, if I lose, nothing affected, but if I win, I will gain a lot. Anyone that do not safe may not have purpose in life, we should spend but holding is very important, bitcoin is also deflationary in nature, holding can bring more for us to earn passive income. Spending is necessary, I believe this is not a question we should ask because we do not have any option than to spend because we have to live.

5618  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: February 10, 2021, 01:35:54 PM
Perhaps, some people live from gambling, but I am not sure about the number of them. I am sure that there are professional gamblers who are playing gambling and make money from gambling. But I think they don't expose who they are especially for people who can make a thousand dollars from gambling. That is difficult to become a professional gambler because we need to master the games. We need to have much experience in the games, and that will need a long time before we can be a professional gambler.
You can like sport betting and know how to analyse, you can play dice and believe in luck and still think you are professional enough but not, you can try other ways of gambling like playing poker and win today thinking you are a professional, but if today is good, that does not mean tomorrow can be. There are many people that will just think that way and depends only on gambling, these kind of people will have money today and leave poor later. They may later have issue with their wife leaving them and their life becoming miserable. Any good gambler you see out there only depend on luck, they were just lucky to hit the jackpot. Nothing like professional gamblers, the more people see it as profession, the more they lose. But the more someone see it as fun, using low amount of money to for it, there can be a day he will win jackpot. Many people will gamble but out of 100, less than one will be the ones that truly make it from gambling actually, and that because they do not see gambling reliable but as luck.
5619  Economy / Gambling discussion / Re: Gambling strategies & tips from professional players on: February 10, 2021, 01:29:11 PM
For me, it doesn't really matter whether you win big or if the game you're in is purely based on luck or not. What matters the most if you want to minimize your losses is knowing when to carry on and knowing when to stop. People tend to overestimate their luck when they are winning, so they end up losing their money in the process, if everyone is fond of the concept of quitting while one's ahead, we will be minimizing our losses which is equal to winning too.
When I was an active gambler, I did noticed one thing, if I first started to gamble anytime I got money, I do gain a lot, but if I continue to gamble, I will later lose the gain and also later lose the whole money, including the one I first start gambling with. That made me known that gambling is very risky and discipline is very important, else, it can lead to losses. Anytime we gain, we should just stop to gamble, but many people will want to gain the more, but later lose more than they can think. We should build good risk management, but not only that, we should also build good mind set and discipline. And lastly, gambling should be for fun to make us have all these qualities..
5620  Economy / Gambling discussion / Re: Newbie gambling sites on: February 10, 2021, 01:04:38 PM
It depends on the person who handles the situation because there are a lot of people can't handle their emotions and if they think they want to earn more and take back their loses the urge to make money back is too hard to stop and sometimes it causes of losing your money or double your money it's all about gambling guys take the win or lose the game. But for me it's better, if we have risk management and identify what are the, exceeds on our fun and budget it's too hard if you lose all the things you have because of this kind of mistake. Actually, it's better if we have a stop loss and take profit too in gambling right?
Gambling is completely different from trading, it is trading that have the feature of stop loss and take profit, it is just a concept used by traders to minimize risks, especially when they are not looking or watching the market. But in gambling, nothing like that, if you have a prematch game, you can not use such, also if you have online game, what is similar to it is to cash out, but it will not work out good many times. Assuming in online game, you bet for 1.2 odds with $50, if the team you take is losing already, what you can cash out could have reduced to $5.

Having a quality mindset and risk management plan is the best like you have once commented. If someone has lost in gambling, he should just stop betting for poor mindset not to set in at the time that can bring more losses. And if we win, we should just still stop betting because the more we bet the more the chances of losing.
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