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61  Economy / Exchanges / Re: What do bitcoin ATMs do with your phone number? on: July 07, 2021, 07:46:32 AM
Huh

The ATMs I've used haven't asked for my phone number. (There were shitcoins machines in Europe).

What country has no phone number bitcoin ATMs? Might mark that down to visit during my next big vacation.
62  Economy / Exchanges / Re: What do bitcoin ATMs do with your phone number? on: July 07, 2021, 07:45:38 AM
Are they legally required to ask for your number or do they want it for themselves?

Are there any free online numbers that will work?
There are two reasons:
1. They do this to verify who withdraws money
2. There is a law from the government that pushes them to verify you.

In any way, they have the right to ask you for this kind of KYC, especially when it comes to bitcoin wallet where they want to be sure that their service isn't for money launderers and in case something happens, they'll be able to provide all the necessary information from their side that's required by the government.

If you have withdrawn money via the contactless method (not by inserting your card in the ATM), you would be asked to enter the message from your phone (It's just an example of one case from personal experience).
So, it's pretty logical and if everything is okay, I don't see any problem in it.

If people want to money launder they could either buy a burner phone with cash, or just buy bitcoin, convert it to monero then send it somewhere to convert back to bitcoin, or send through a mixer and it's as clean as can be.
63  Economy / Exchanges / Re: What do bitcoin ATMs do with your phone number? on: July 07, 2021, 07:43:51 AM
I think that we should include a personal mobile number to register for a financial related platform, especially when the platform is registered in an area. The respective platforms need this to know if their users are real or not, thus preventing bots.

What bot exists out there that can walk up to an ATM, hold a phone and insert cash to buy jacked up cryptos?



64  Economy / Trading Discussion / Re: Who is selling? on: June 28, 2021, 08:37:02 PM
Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?

I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...

I also sometimes ask myself this question, who is actively selling cryptocurrency? Studying the crypto market, I realized that miners, holders and bots can sell a lot. As for the latter, it is already a practice when, in order to reduce the price of cryptocurrencies, large players launch trading bots that actively reduce the price of a particular cryptocurrency by selling it to themselves. Surprisingly, I would not have believed this before if I had not seen this process myself. So if you think that miners or holders are selling in case of a strong fall, then you are probably wrong, this is a trading bot that works to lower the price.

Wow that's crazy. Can you send me the link where we can view that?
Like so I get why they might want to lower the price to buy more, but does that mean they're doing the same to alts or are alts just held by weak hands?

Also, speaking of bots, I hear of these trading bots, they're supposed to take advantage of market fluctuations in the day, and sell some high and buy some back low and do it automatically. Where do people even buy bots like that? 
65  Bitcoin / Bitcoin Discussion / What are all the golden rules of bitcoin predicting? on: June 18, 2021, 02:00:17 PM
So. I heard recently from one of the few more level headed crypto youtubers. "Buy the hype, sell the news" or something. Basically she predicted the SNL doge crash. I wish I had watched that video before hand. But that's a new golden rule, buy, then before the news/expectation that it will pump sell.


 One thing I know is never sell at a loss? Maybe? Hold like your life depends on it.

Any other golden rules I should know about? I constantly hear about everyone making great gains but I never seem to be able to.
66  Alternate cryptocurrencies / Altcoin Discussion / Re: Exiting altcoins at the correct time is the best thing you can do do with them. on: June 18, 2021, 01:24:11 PM

When you find it hard to find an exit point because you have doubts of where the market might go, just take profit and wait. Altcoins are good to sell when there is a bullrun and the more you should sell when the bear market is here. You should see that an altcoin worth $50 per coin during the bull run could turn $2 during the bear market. Thats how low it will be.

I fear this greatly. Some will crash 90% and never return to its all time high. I've put most of my altcoin eggs in VET, ADA, KSM, and some in Doge. I'm just hoping VET one day gets recognized for the value it has not as a currency but a marvel of digital engineering that will revolutionize the logistics and tracking industry, instead of it being tethered to the bitcoin price. Uhg. VET is more like a stock than any other crypto currency. ADA hoping on some Africa deal thing and hoping Elon tweets at least one final thing about Doge that pumps it again.

I foolishly listened to 90% of these "expert" youtubers all... universally claiming the bear market was just getting started, and we would have this supposed fantasy "alt-coin season" where alts keep climbing when bitcoin is done or even declining.

I thought it was a bit high to enter the market, me being a noob I just trusted everyone. I wish I got in last year, I didn't know where to get no KYC crypto via credit card. Turns out, oh you can't. But I heard people doing it. No, it was outdated info... So I found another less easy more pricy way... Not a lot of info is out there on that. So I got in too late. I knew bitcoin was way too high for the short time it pumped so I was expecting a pullback any moment but it kept going up, then sideways, so I figured well maybe I'm just in time for this mythical "alt coin" season. Uhg.

Lord Bogdanoff personally hates me in particular for some reason.
67  Bitcoin / Bitcoin Discussion / Re: How much power does Elon still have over the crypto markets? on: June 18, 2021, 01:14:51 PM
His power can be restored, just need a little time. Hopefully his tweet will be bullish next time.

I'm really hoping he tweets about doge again in a positive light. I just fear he has no more ability to pump markets, only to crash them. Seems like people were looking for any excuse to sell.
68  Economy / Exchanges / Re: What do bitcoin ATMs do with your phone number? on: June 17, 2021, 05:36:01 PM
You are legally required to give your actual information when performing AML/KYC. I believe when you submit these things you even have to check a box saying you declare it all to be truthful information. Give a fake phone number at your own risk.

If you don't want to do all these things why not buy online where kyc isn't required?

If you have a burner phone you paid cash for, good luck anyone tracking that. If you're really worried, just take the battery out when you're done using.

As for online, the whole getting gift cards to sell to someone seems like more of a hassle, and more expensive than/risky than a bitcoin ATM. Too bad I got in late enough to where there are no longer just online exchanges that dont ask KYC when actually buying. That was long ago.


But yeah as someone else mentioned. It's weird that it would even be a KYC requirement since there is no real way to verify who is buying what.
69  Alternate cryptocurrencies / Altcoin Discussion / Re: Exiting altcoins at the correct time is the best thing you can do do with them. on: June 17, 2021, 05:08:38 PM
That's going to be my golden rule.

Hold Bitcoin, trade Altcoins. Hold Bitcoin, trade Altcoins. Hold Bitcoin, trade Altcoins.
I like the words that. I hope you do not sell your altcoin, instead of buying more if you have money because the altcoin will be back to the high price someday. When the bitcoin price increase, that will the time for the altcoin to increase. But this time, we need to have more patients wait for the next bull that will come. So if you can trade your altcoin and profit in bitcoin, you should hold tight to your bitcoin and not sell before the price increases. We have more times to see bitcoin and altcoin increase so waiting for a while will be necessary.

Yeah, when I get more money I'm gonna buy more bitcoin on this dip as much as I can. One day whenever my alts make double gains I'll convert half.
70  Economy / Trading Discussion / Re: Who is selling? on: June 17, 2021, 05:03:09 PM
What exactly you supposed to mean?
Are you asking if the exchanges are big wallets or ancient wallets?

Yes

Quote
I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...

And that's probably the day 99.9% of them die.

Really how come? Ones like Vechain have real world use! They should be priced in dollars or Yuan or whatever. Like stocks.

Imagine if all stocks were tied to the price of Apple stock just because Apple is the largest? So when Apple moved up or down, the rest of the market follows in a similar manner, even though many stocks have no relation to Apple?

I do acknowledge most altcoins are shit coins but that doesn't mean they all are. People who think that probably haven't actually looked at Vechains fundamentals. I think it's the most undervalued coin out there. When it takes off and people realize how useful it's gonna be, it should blast off one day.... hopefully. Long as China makes them an exemption to their crypto ban.
71  Bitcoin / Bitcoin Discussion / How much power does Elon still have over the crypto markets? on: June 17, 2021, 04:48:56 PM
Just because he says some negative or positive stuff, why do people react so much?

Whatever the reasons, are people done listening to him now or what?

I remember when he first tweeted anything about crypto it was doge. He just had a simple rocket with doge on the shuttle and posted that.


SOmehow.... this made doge go from less than a cent all the way up to 7 cents! Wtf kind of power is that?

Then he did some more doge tweets making it go as high as 70 cents.


But then with just one simple tweet, he dumped the bitcoin price. HOW!?


But yeah, has he numbed peoples nerves enough yet or what? It seems like it considering his last positive tweets haven't done much to bump the price up. What gives? Is his power done with or is it just easier to crash a market instead of pump it?
72  Alternate cryptocurrencies / Altcoin Discussion / Exiting altcoins at the correct time is the best thing you can do do with them. on: June 11, 2021, 05:34:41 PM
This is assuming you bought it early before a price pump. There is no good news if you bought high.

However, considering it's almost confirmed that we're going into at least, a mini bear market. Altcoins are going to suffer the hardest. Many alt coins are never going to go back to their all time high. I doubled my money gambling hyped up alts and the "nFt" scam... Nooblet me mistakenly thought the buy and hold strategy applied to alts. Worst mistake of my life.

I thought I was being "safe" by not taking profits. I should have sold half or more on all those coins I gained on. Now most of them, crashed down to below what I even paid for them. I could have done really well but there needs to be a golden rule that you hold bitcoin and trade alt coins.

That's going to be my golden rule.

Hold Bitcoin, trade Altcoins. Hold Bitcoin, trade Altcoins. Hold Bitcoin, trade Altcoins.

^ I'm going to hand write this over and over 100 times on a piece of paper like I'm back in elementary school getting punished.

I'm gonna hold every alt that has a loss. I still think it's better to hold at a loss for the hope a pump happens again. If I can break even I'll trade it back to bitcoin.

I only remained profitable with Doge (surprisingly and only due to unintentional luck) and Eth, and KSM barely.. Every other altcoin so far has been a loss. I guess it made sense at the time. I think I might be at an even higher loss if I bought bitcoin at 55 to 60k vs alts that were pumping up. However, at least with bitcoin, at very least... with bitcoin, even if you bought high, you can hodl, and you are almost guaranteed that it will one day smash through it's all time high. Countries are going to flock to bitcoin, not alt coins. Bitcoin might recover from this dip or mini bear market and continue to smash through all time highs. alt coins? Maybe. Probably not.

With alts. I've been looking at the history of most of them and well guess what. Most of them never touch their all time high in the next bull runs. Some go even higher, most dont. And many drop out never to be heard again. I knew the risks but being dumb, poor, and most importantly, super late to the game, I knew there was no way I could ever get to the amount of bitcoin I wanted to be at. Some alts were still kinda low and I heard you can get percentage gains more than bitcoin. My idea was to ride pumps on altcoins, then eventually trade profits into bitcoin, but I didn't know when to get out.

I think the golden rule of alt trading for me will also be. As soon as your money doubles, sell half, that way you're guaranteed to have not lost any money. I was hoping to ride up just a little longer. I heard of people getting 3x 10x sometimes 100x. I let emotion get in the way. I started smoking just a little hopium, then got hooked, next thing you know I was a crypto hopium addict. Now I'm living in the digital streets having spent all my hard earned money on this hopium crap. Felt good till the crash. Now I'm in the gutters begging the crypto gods for the next fix. Just one more pump plz...

73  Economy / Trading Discussion / Who is selling? on: June 08, 2021, 11:36:53 PM
Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?

I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...
74  Economy / Exchanges / What do bitcoin ATMs do with your phone number? on: June 08, 2021, 04:26:01 AM
Are they legally required to ask for your number or do they want it for themselves?

Are there any free online numbers that will work?
75  Alternate cryptocurrencies / Service Discussion (Altcoins) / Are there any new wallets/exchanges that will let you easy swap coins for XMR? on: June 07, 2021, 12:28:18 AM

Simple question but if anyone wants to know some backstory.... I used to use the incognito wallet. The fees were measured in pennies. But... I ended up losing nearly 2000 dollars in slippage fees. Basically half of what I exchanged didn't make it somehow. I used to absolutely positively love and adore the incognito wallet. It was like the best thing since sliced bread, it literally only cost like a penny or two worth of their native token to swap bitcoin or whaever crypto for monero or whatever other crypto. I used it for a long time no issues until one day I made a trade. I didn't think about slippage or anything. I've swapped on other wallets and slippage is between 1 and 3% and it's set to a max meaning if it's more than that it wont go through (at least on safepal swap). Well, I hadn't heard much about the wallet, and I was cautious and over the course of months when I got my paycheck and bought on an exchange, sent a few hundred on the site and traded for monero. Everything about the wallet was legit so I never had any issues so when the markets were dumping, I decided to go all in one day and got all my savings during this big crypto dump.

I just made the trade like I always did and wham. I was wondering.... why.... do I only have like 4100 dollars worth of XMR when I traded nearly 6000 dollars? Wtf, is this some sort of error? I looked at the charts, used some conversion sites and realized omg.. during the span of a minute or less, a ton of money just went "poof." I contacted their staff and they said it was lost to slippage because the amount was too large of a trade or something, they said sorry for my loss but nothing can be done about it. I nearly rage quit from this news because that money I saved up for years of my life. So like nearly an entire year of saved up wage slaved wages gone, poof, in less than a minute. Lesson learned. I'm still devastated over the loss but yeah Idk if I can trust the incognito wallet anymore after that. I guess I should have researched it more but there is hardly any info, no warnings or anything about this specific situation. I guess that's what happens when you're careless with this stuff and take things for granted just assuming an app will work as you expect it to. Well... hopefully long as I hodl it will eventually go up I guess and at very least one day recover what I lost. Of course I'm sure Bog is gonna keep the markets dumped. The luck in my life makes me think they're personally out to get me in particular, so far the markets are making me think we're done with the bull run so idk. I dont even flinch when I put money in and there is a dip or dump. You know if you hold it will prob just go back up... But when the money just goes poof, and doesn't even make it from a conversion over. It's like seeing the money just go up in flames. Totally different feeling.
-_-,...

76  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I Predict $20,000 for dogecoin in 5years time on: June 06, 2021, 03:03:24 AM
Idk about 20k but maybe 10 bucks one day.

I read about people thinking it was impossible for bitcoin to reach 20k and likewise even more recently. In my limited crypto life. I remember when people thought it unlikely for doge to even reach 1 cent. talking about how it would have to have ____ market cap and etc and a dollar was even more unlikely. So it reaching 70 cents. who knows, it might reach a dollar or 2 even within the next few years.
77  Alternate cryptocurrencies / Altcoin Discussion / How would someone track a bitcoin transaction that got exchanged for monero? on: May 13, 2021, 06:07:35 PM
So bitcoin gets exchanged for monero, the monero is sent somewhere else and exchanged back to bitcoin in a similar not not exact amount. How would someone who is interested in following the transaction history be able to know where the new bitcoin address is that the monero exchanged into?
78  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can Dogecoin reach 1$ soon? on: May 09, 2021, 04:50:22 AM
Bogdanoff is trying to dump the markets with no survivors. Hopefully Elon can overpower him
79  Alternate cryptocurrencies / Altcoin Discussion / Re: So exactly how good is Vechains blockchain supply management system? on: May 08, 2021, 10:53:18 PM
Any blockchain can be used for logistics and supply management, you just need to correct dapp and qr codes. It's likely that large logistics and inventory management software providers like Oracle and SAGE will simply release their own solutions based on Hyperledger or Ethereum.

Why would they choose those over Vechain when Vechain is already set up with its own infrastructure?
80  Other / Beginners & Help / Re: Thread deletion on: May 07, 2021, 01:32:58 AM
BUSD AND USDT on TRC20

basically all Stablecoin remain 1$ more or less

and the transaction is pretty fast in all chain

but fee i think  is USDT on TRC20 or BUSD on BEP20

Wait so USDT is on TRC20? If it's on the Tron network then USDT would be the cheapest right?
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