Bitcoin Forum
July 16, 2024, 01:55:19 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 [299] 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 ... 839 »
5961  Bitcoin / Press / Re: [2021-09-03] With Coinbase And SAP, Vast Bank Offers Bitcoin, Ethereum, Cardano on: September 03, 2021, 08:43:07 AM
And it's beginning. I don't know how big this Vast.Bank is and I don't know if they actually allow withdrawal to customers' crypto wallet, but it looks like an actual bank working (also) as crypto exchange.
Probably it will be more expensive than at actual exchange, but clearly easier, cleaner and more trusted for the average Joe.
5962  Economy / Lending / Re: Need Loan With Collateral on: September 03, 2021, 07:32:09 AM
I have a serious medical emergency and I need a medical loan of $1200 to settle the bill Angry. My collateral involves antique coins of  "Very Rare 1971 2p New Pence Coin" and "Rare 1982 Twenty Pence" . Let me know if there's anyone willing to work something out with me. Il appreciate. If you need images let me know.

Thank you!

I hope that you've read the sticky.
I'll post something relevant:

What is not considered collateral?

- Items not in hand.  Don't trust a user that promises to give you something *when* they default!  Tracking numbers only show something has been mailed - it could be an empty box.

Now, think, would you send those items to an escrow? If not, they're not collateral. Also keep in mind than I don't know if you'd actually find an escrow that'll work with physical goods.
With physical goods you may do better at a pawn shop.
5963  Bitcoin / Legal / Re: Slovenian crypto tax proposition on: September 03, 2021, 07:24:17 AM
Slovenian government wants to simplify crypto taxation by proposing either 10% tax on converting crypto to fiat/spending on goods and services or alternatively pay 25 % on the profit you make. Amounts up to 15.000 € per year would not have to be reported.

https://www.total-slovenia-news.com/business/8821-slovenia-changes-proposed-cryptocurrency-tax-10-tax-on-amount-sold-of-25-of-profit

At least from the first look, I find it the first fair proposal for taxing cypto.
Well done, Slovenia, now get to transform it from proposal to actual law without destroying it.
5964  Bitcoin / Bitcoin Discussion / Re: Bitcoin mining is not profitable enough! on: September 03, 2021, 07:13:19 AM
In order for the average Joe to create off-chain transactions, he has to open two on-chain ones except if he's under the control of another party. But then, isn't the whole system ruined?  Undecided

Unfortunately I do expect that the channels will be opened between custodians. Indeed, not a great future for Bitcoin-as-a-currency, I know that too.

But, the security will decrease a lot sooner than that. Sure, in 100 years each block will reward 32 sats, but what will happen once Bitcoin reaches $10-100 trillion market cap and suddenly the reward of the network cuts in half? Will the security drop by half or will the market cap double?

It's sort of a dead end.

He-heh.. I've been thinking on such scenarios in the past and sooner or later all led to dead-ends or things we just cannot foresee. So I've stopped worrying and making scenarios.
5965  Bitcoin / Bitcoin Discussion / Re: Bitcoin mining is not profitable enough! on: September 03, 2021, 06:55:30 AM
Later when there will be no block
Reward its expected that miners are paid by transaction fee.
But there is no way people are gonna pay 100$ Worth of btc per transaction.

So you are worried about things that could happen in the far future based on assumptions from today. You can almost only be wrong.

Just a quick scenario: average Joe will use off-chain transactions and basically only companies will send on-chain transactions, worth millions of $ per transaction. Now think again, do such transactions worth 100$ to be confirmed?
I don't say that my scenario is more accurate than yours, as I said, in 100 year a lot can happen. But I would not be worried now about such scenarios.
5966  Economy / Exchanges / Re: Binance Visa Cards Are Now Available in Europe on: September 02, 2021, 05:57:41 PM
One of the worrisome things is the fact that binance debit card issuer Contis

Indeed, @bakasabo has exactly the problems I used to have with another Contis card: getting declined here or there for no reason.
So yeah, while Binance card is not bad at all (and cheap too!), I totally agree with this:

When travlling with Binance card, always have another card with you.
5967  Other / Off-topic / Re: will we witness a blockchain based election in our life time? on: September 02, 2021, 05:52:52 PM
I recall a thread on Russian Voters’ Data on Sale After Blockchain Poll. It’s possibly a different case (Twitter link is from September 2020, and the incident in the thread I reference happened in August 2020), and although the problem resided on a complementary poll identity control system, and not on the blockchain itself, it does go to show that there are more things to consider overall.

The topic you linked contains a link to a Coindesk news that tells "The online voting system, based on Bitfury's open-source Exonum blockchain and built with the help of Kaspersky Lab"
So it's indeed a different blockchain. And yes, there are indeed a lot of details to be taken into consideration and made correctly when voting is done with a public blockchain.


I also recall some cases from 2018 depicted on the forum, although not country wide: Blockchain technology in election polls.

Wow, quite a list indeed! My example was also not country wide (only 2 regions in Russia), hence the list from ^^ that thread is better.
5968  Other / Off-topic / Re: will we witness a blockchain based election in our life time? on: September 02, 2021, 05:22:37 PM
The election could be a smartcontract running in a blockchain.

From what I know, blockchain was already involved in voting and, although I have no idea how it was implemented, I am almost sure that some sort of smart contracts were involved, since that blockchain does support them.
It has happened on Waves blockchain in 2020. In Russia (!).
5969  Bitcoin / Press / Re: [2021-09-01] Twitter Beta Testing Bitcoin Tipping Feature on: September 02, 2021, 02:30:07 PM
Besides, that's exactly how Pyapla rolled bitcoin purchases, nothing out of the ordinary.

True that. Just in that case allow me to not see it as a "wow" news.  Wink
Still, I do hope it'll be better, see below.


Anyhow, I don't see how this could have been solved any better

On another topic @dkbit98 said that there are more options and wallets mentioned and this Strike solution is there basically while they do testing.
And they did say "for now" (one can hope, right?); I'd say that they may actually do better at some point.
Jack (&Co) is developing a HW too. I see it as a sign that he's not so keen to drive everybody (who wants a tip) into custodial wallets.
5970  Other / Archival / Re: Why do many people compare margin trading with gambling? on: September 02, 2021, 02:18:44 PM
The one who does not have his own trading strategy, as well as artificially inflating the risks, can be in the role of a player. In this case, nothing will depend on you to save your deposit, because everything will depend on whether the order was opened in the right direction or not.

Exactly. And if one doesn't understand the markets/charts, doesn't understand (nor show) those indicators and just goes only "by hope" may be fooling himself that he has a strategy, while in fact he doesn't.
@Charles-Tim understood, at least partly, what I meant before (thanks!), but this post covers even more.
5971  Other / Archival / Re: Why do many people compare margin trading with gambling? on: September 02, 2021, 11:33:34 AM
In general, I noticed that several categories of people often use such comparisons:
1 - Not traders at all;
2- Those who have once failed in margin trading;
3 - Very conservative traders;

I did a bit of trading in the past and imho some do even normal trading like gambling. I basically did the same myself until I realized that this is not how to do it and I stopped.
If one has no proper basis, doesn't know TA, doesn't know how to read the charts, and just traded based on the hope that price will go in this or that direction is imho just gambling it.
And I expect this happen also in margin trading. So I think that your list is incomplete.
5972  Bitcoin / Bitcoin Discussion / Re: Twitter and Bitcoin on: September 02, 2021, 11:13:54 AM
there's been some news about this, and it's going to use some of the networks that are cooperating with it like TheBeardedBaby said before that.

I don't say that this news is fake. I know it happens for real.
What I was telling is that bitcoiners should avoid backlinking that one website and instead just read/show one of the other news sites showing basically the same info.
5973  Other / Beginners & Help / Re: How would you spend 10000 cad on cryptocurrency today? on: September 02, 2021, 10:32:21 AM
so what do you guys think? i am curious thanks

Although many are telling that altcoin season is ongoing or about to start, my long time experience taught me that bitcoin, on really long run, is usually more profitable for holding.
So my advice is 100% bitcoin.

However, please make your own decision and invest (or not) when and where you think it's best for you, don't just follow advises from people over the internet.
5974  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 02, 2021, 08:46:34 AM
Above $50K and for some reason Bitcoin still feels cheap...  Coinbase is showing declining reserves...  Twitter testing Bitcoin integration via Lightning.  ETFs based on futures ready to get approved any day now.  NFTs minting crypto millionaires by the thousands.  DeFi in full recovery mode.  You'd have to be absolutely insane to short this market, and even more insane to do so with leverage.  Let's go!

It's also because we have already witnessed almost 65k and our expectations have build up (and were built up!) to expect 100k soonTM.
5975  Other / Off-topic / Re: Backup on Android note - a mistake I falled into in 2021 on: September 02, 2021, 08:43:58 AM
I was thinking nothing can make me lose such access thinking it is automatically backing up on SD card.

I use a method I know it's not perfect, but it's better than backup on SD, especially because if your phone gets stolen, also the SD is gone.
My method is to backup to cloud. Of course, it's not sensitive data. And of course, the data goes automatically to my laptop HDD from there.

I have an older setup and I backup to Dropbox; that may no longer work that good and backup to Google Drive would be easier to find.
I'd say that's a direction you should think about.
5976  Economy / Service Discussion / Re: Twitter seems likely to integrate tipping using Bitcoin. on: September 02, 2021, 08:33:33 AM
For now, Twitter users will need a Strike account to receive tips in Bitcoin.

That for now may mean anything. As I wrote yesterday too on a similar topic , while strike is custodial, the news is not that great, not yet, not "for now".
5977  Bitcoin / Bitcoin Discussion / Re: Twitter and Bitcoin on: September 02, 2021, 07:52:02 AM
there was a shocking news from Twitter recently about paying for sharing bitcoin tips for creating content. What do you think will happen to bitcoin and cryptocurrencies going forward in the network system.

1. It was presented/discussed briefly here yesterday: https://bitcointalk.org/index.php?topic=5357685
2. The link you provided is from BCash website; and since BCash website has a history of misleading people into buying altcoin and making them believe that they've bought bitcoin, I wouldn't trust/recommend those news and find an alternative.
5978  Economy / Economics / Re: Recent advertisement for Visa - what a joke on: September 02, 2021, 07:46:29 AM
"What a load of bullshit"

Of course. Isn't this how commercials are made?

Those making the commercial are not those making VISA. For them, VISA worked everywhere they went (probably only in cities), hence for them it's "correct". The fact that in many remote areas VISA doesn't work doesn't even matter much, since the AD is not targeting those anyway.

Also people just love the small nice lies that make them sleep easy, hence VISA not working here and there, cards declined for no clear reason, the reality that many people are unbanked.. they don't matter for most of the audience.



The only truth there is that VISA is indeed a signature. Certain people look for the VISA symbol on shops like others look for "Bitcoin accepted".
But in reality, I don't understand at all why they paid for the commercial. They have to convince only the banks emit VISA cards, the customer doesn't care much if he gets VISA or MasterCard as long as he wants a card and he receives one internationally accepted. And the payment processors will accept any major card anyway.
5979  Other / Meta / Re: No Incoming my messages on: September 02, 2021, 07:24:58 AM
So far I think because the topic has been deleted, there will be no notification, in the future for others it will be confirmed if there is no change.

If a topic was deleted, the forum doesn't notify you.
If you want to be notified even in such cases, I think that external tools, like TryNinja telegram bot is what you need. You can use the tool also for getting notified about merit and mentions, it's really useful if you do use Telegram.
5980  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 02, 2021, 07:08:56 AM
$50k in a day.
$55k before 15th Sept.
ATH before 11th Nov.

How I know? I am from future.

Fast "Day" Bro!

Indeed, very fast!


(source: bitcoinwisdom)
Pages: « 1 ... 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 [299] 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 ... 839 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!