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621  Economy / Service Discussion / Re: Changelly & FixedFloat safe? on: October 13, 2019, 08:44:39 AM
Never used FixedFloat, or heard about it actually - I personally would not trust that site at all due to this, but that's just me.

Changelly is fine, those scam accusations where a long time ago and have been dealt with since then, they are basically another version of shapeshift in how they operate. Never had an issue with the, just shit fees tbh.

Personally used the site before for some minor transactions, I'd recommend using shapeshift though, it does have better fees I believe.
622  Bitcoin / Press / Re: [2019-11-10] CFTC says Bitcoin AND ETH are Commodity on: October 13, 2019, 08:06:59 AM
ETH was ICO - doesn't work as promised and goes PoS - Vitalik controlled, is even more what a security defines ( Shares = right to min and earn dividends )
It was an ICO, but it's current status is no longer that---what it is known as today is a POW network---therefore is put in the same category as Bitcoin. People may not agree with that but things are as they are.

As for Ethereum being Vitalik controlled, maybe, but his influence on what happens is declining as time goes by. Important is that the CFTC doesn't look at Ethereum like that because they continue to call it a decentralized crypto.

Regarding POS, it's not certain yet that it will happen. The CFTC just focuses on how Ethereum runs today, not how it might run in 2020 and after. I don't consider Ethereum a security either. Bitcoin bulls on the other hand do. Cheesy
Agreed, I think they actually had a thread on this very forum for their ICO, and it was the first successful ICO that was ever run, here's the link I found.

https://bitcointalk.org/index.php?topic=428589.0

That's a piece of history there.

I don't really like CFTC's sorting of the coins, I think bitcoin needs to be in its own section, but what you are saying does make sense.
623  Bitcoin / Bitcoin Discussion / Re: First Cryptocurrency? on: October 13, 2019, 07:50:40 AM
I read that bitcoin wasn't the first cryptocurrency in this business. There were other alternative coins that were created and established to serve a particular purpose. However, they all failed and are not in existence anymore. So for now, I can say bitcoin has been the first to stand and survive for quite a long time now.
Yep. The concept of cryptocurrencies was actually discovered and invented in the late 1990s, and there were a couple of attempts at creating blockchain technology back then, but due to the limited tech, it never worked well.

Bitcoin was the first-ever crypto-currency to be decentralized and it was probably the reason why it was loved by so many early adopters.
624  Bitcoin / Bitcoin Discussion / Re: Did you arrange a meet up or make a gathering with local bitcoin community? on: October 13, 2019, 06:58:12 AM
Arranging and planning a get together or meeting or an seminar about bitcoin would really help a lot in spreading news and positivity about bitcoin and the whole cryptocurrency world for sure.
What they reaction if they read or see a slogan of Bitcoin?
I'll bet no one will pay any interest in joining here in my town, they are all thinking that bitcoin is just a scam and will not help their life. I know this because I already told them many times about bitcoin and they refuse to listen and bad mouth me about it.
I don't think conventional ways of showcasing cryptocurrencies are really going to be effective in the future, just shoving photos of BTC and slogans down people's throat.

Instead, I think the way we get to these people would be via more personal connections, whether it's their friend talking to them about it, or their favourite influencer giving off a good impression of BTC.
625  Economy / Service Discussion / Re: Is Bitcoin real money ? - Many say that bitcoin is not money - on: October 13, 2019, 05:27:13 AM
So tell me, what's the connection of asking the question as to the subject and the content of the thread itself?
That's what I thought as well, haha. What's the point of this thread? Advertising a store Huh

Nevertheless, it does seem like a decent attempt for a company to enter the crypto-industry, there's quite a lot of items for sale and with very reasonable pricings, like a 3,000 dollar atm.

Money can be classified as anything, value is all in the eye of the beholder. I can classify my phone as a forum of money since it can be used to exchange goods/services with someone else.
626  Bitcoin / Bitcoin Discussion / Re: What happens to the miners' reward coins? on: October 13, 2019, 05:20:16 AM
Don't think we'll ever see stats for these sorta things, as you said, the block rewards we see from the miners are likely sold in a private deal and from the lack of statistics and volume, it's seeming more and more likely.

Pretty sure they do it privately to avoid dumping bitcoin prices and also helps give them some more privacy. Wonder what other reasons there might be.
627  Bitcoin / Bitcoin Discussion / Re: Bitcoins accumulated by institutional investors on: October 13, 2019, 05:03:23 AM
I think it's being split between 3 parties. Rich companies that want to get into crypto-currencies, trust fund operators that are starting to see that cryptocurrencies are a viable investment option, and other rich crypto traders that want to take advantage of the low price.

They use multiple adress because they believe if they put them all in one adress, people will know they are big holder in Bicoin. Maybe they are the real whales who try control price. So if we see now the price Bitcoin is still cheap than last year, they will try buy as much as possible.
I think they try make Bitcoin to dip.
That is maybe not only Bitcoin, they also hold some altcoin.
There's the ego factor, a lot of whales like to keep their currencies in a single wallet to show-off they have that much money, understandable.
628  Bitcoin / Bitcoin Discussion / Re: BBC Air Documentary on Notorious ‘Crypto Queen’ Scammer on: October 13, 2019, 04:55:30 AM
Bad news for bitcoin and many ICO still running today with BBC air documentary, I think BBC only show us bad or scam ICO and never give or publish how many success ICO have higher price after listing, its not fair with only show with negative side of ICO and never publish how much benefit of ICO so far and how many people get much profit with investing in ICOs.

if you define "successful" as creating a project that is used in real life and solving a problem in the real world then there has never been any "successful" ICO and they have all been scams since none of them has ever delivered anything.
but of course when you define "success" as being pumped a lot initially before they get dumped then 90% of ICOs were successful!
Depends - there has been a couple of projects that have actually delivered what they said they where going to deliver, not all of them are actually scams!

Take a look at companies like Pundi X, they said they were going to become huge in singapore and they were going to release their own payment systems, and that's exactly what they did.

Not all ICO's have been scams, I'd say 95% are though.
629  Bitcoin / Project Development / Re: Blockchain for Ledger in Enterprise Applications on: October 13, 2019, 01:17:00 AM
Have you seen HyperLedger in action? They where one of the enterprises that where pretty fast to adopt blockchain technology.

HyperLedger per se is not an enterprise that utilizes blockchain, they're 'making' the blockchain itself. Kinda like Ethereum which creates the blockchain, but the utility of the networks is utilized by other parties.

Ifinca.co is probably a better example of OP purpose. They use blockchain to improve coffee supply chain verification.
Yeah. They are more of a service provider to buisnesses who want to get into the decentralizated finance sector, right? Still pretty cool work from them.

I love my coffee and I remember seeing Ifinca in action s couple months ago, it's an interesting way of incorporated blockchain and defi technology in something that seems as popular as coffee, although I do get the feeling that it's solving a problem that doesn't exist, if that makes sense?
630  Bitcoin / Project Development / Re: Any Programmers looking For Good Project To Join ? on: October 13, 2019, 12:47:33 AM
Doesn't seem that bad an idea, and if you really are well connected with the Chinese and can get the app auto installed in some phones, that's a lot of free users you'll be able to get!

How will you be funding all of this? I'm assuming it your not paying programers there are still going to be fees you'll have to shell out, for example hosting and possible marketing fees?
631  Bitcoin / Press / Re: [2019-10-11] Bitcoin Fails at Key Price Hurdle, Risks Return to $8,000 on: October 12, 2019, 11:30:03 PM
Seems pretty realistic we'll see returns back to the 8,000 level within a couple days, but I wouldn't expect anything drastic in the coming days, I think we are going to have pretty boring markets until the end of the year, with Bitcoin just hovering around the 7-9k level recently.

I didn't expect BTC to be so low following recent events, I guess there are no stream of big investors in the market now, let's just hold out until the halving and then we'll definetly see movement then.
632  Alternate cryptocurrencies / Altcoin Discussion / Re: telegram is coming to blockchain too on: October 12, 2019, 11:22:05 PM
The long-awaited crypto token sale from the Russian messaging platform Telegram has hit a wall in the form of the US Securities and Exchange Commission. The regulator has filed an emergency action and received a restraining order for the $1.7 billion planned ICO.
https://bitcoinist.com/us-crypto-crackdown-telegram-token-sale-rejected-by-sec/
I don't think it'll face any issues with the SEC or the US government, it's way to hard to stunt the growth of them now, especially after they've already raised almost 2 billion in funding. They are unstoppable now.

I think we'll see them quickly deal with this by the end of the year and we'll be able to see them move forward, I'd like to see how they intergrate crypto payments in their messaging app.
633  Other / Off-topic / Re: New Exchanges on: October 12, 2019, 04:49:08 AM
Do you have examples of any of these new exchanges? Because the only one I can think of right now would be the new exchange from John McAfee, and the other exchanges that have been launched are all small ones and wouldn't get volume anyway.

Best options now are to just trade mostly on decentralised exchanges and only used centralized ones for as short as possible, and make sure your keep your funds in your own wallets!
634  Economy / Service Discussion / Re: https://bountyhunters.io Scam or legit? on: October 12, 2019, 03:52:22 AM
Seems like a cloned site. Never really heard of it before.
Can you share where you learned about it and if we can check the source of that ad or whatever? What if you are shadow promoting them?
Nah. I'm pretty sure they are legit, they did some advertising around the crypto-space for their bounties but have died down since bounties are no longer popular.

They did some decent work, brought spam away from the forum but where nothing special and didn't scam anyone.

They are legit I have received some of my coins I've worked there in the past, my only hope is that they do not close shop and hang on I have a huge coin as my rewards and they are going to work on the project for the distribution it seems the project is good and going to launch their own IEO in Binance, they can close shop after I received my coins from that project.
Can I get a link to their IEO? They must have raised a lot of funds in order to afford an IEP on Binance, either that or they are pretty well connected. Could be interesting to see what they are going to do with the funds and how they expand now that their industry is dead.
635  Bitcoin / Bitcoin Discussion / Re: Alt coins better or stable during bitcoin lot of movement on: October 12, 2019, 03:44:02 AM
I reckon it's due to the risking Bitcoin dominance.

During the 2017 boom and drop we saw altcoins follow heavily based on the market, if BTC went up altcoins had to go up, and vice versa. That was when the market was fairly spread out between crypto-currencies.

Nowadays, people are only putting money in Bitcoin and therefore Bitcoin dominance is at all time high, and the altcoin markets are almost a separate thing.
636  Bitcoin / Bitcoin Discussion / Re: Why it is important to lose Bitcoin to an incorrect wallet address on: October 12, 2019, 03:27:50 AM
Losing money is never a good thing, and people are busy and can make mistakes. This is a bit of a weird post but I am guessing your underlining message is that if you lose money, you will be 100x more careful in the future and never lose money again.

Just check addresses all the time, make sure it's the same coin and check the first and last 4 letters of an address and you should never need to lose money to learn this.
637  Bitcoin / Bitcoin Discussion / Re: Coin Join and obfuscating identity, balances, privacy. Is it advisable? on: October 12, 2019, 02:40:06 AM
BTC bought from exchanges with KYC and AML can provably be traced back to its origins with buyer identity. I'm curious about coin joins such as wasabi. What would the implications of using such a service be if a person ever needed to prove origins of their BTC to a court, tax authority or similar?
What type of privacy does one receive for using such a service? Is it just that the exchange and anyone they've shared KYC info with cannot follow the trail and spending?

I'm rather hesitant to use such a service without knowing the full scope of ramifications that may come with it.
What are the benefits (examples would be great) of using one?
Personally I cannot imagine needing to hide my activities but I would prefer not to be followed all the same.

I'm no legal expert either but from some research I don't think you'll be able to prove the origin of BTC when your purchasing from CoinJoin merchants.

The platform and technology was made for privacy issues and a lot of evidence you'd be able to gather up for a court case would likely be dismissed as circumstantial evidence.

The developers have the mindset that they won't face any legal issues so they might as well go full out.

Nice post, didn't learn about the new tech since now.
638  Bitcoin / Bitcoin Discussion / Re: Earning Interest with Bitcoin? on: October 12, 2019, 02:28:23 AM
Is this possible?  Example you lend bitcoin to something similar to like a bank and they give you interest on it?  Like how now they give you 2% interest?


I heard binance is doing something similar like that but it was like 10%? 
I don't think Binance or any other firms functioning with legitimacy will give such a huge interest upon the investment. Most of the time big interests were a way to attract the common people who are new to the cryptocurrency network. Most of the users when entering have a thinking cryptocurrency investment will make us rich. This is achievable, when everything is done on the right manner understanding and learning the market. Simply getting in will make the user get into the hands of scammers who attract with large returns on the investment and runs away.
Binance's version of making profit is just the new IEOs they do every so often on their launchpad, they get pumped extremely hard and they often 1.5x instantly after they reach the regular market.

If coinbase did that though, I reckon we'd need to send them every piece of ID before we'd be able to invest there Tongue

Tons of people are already signed up to the hilt there. The only way they can get any type of return though is by lending to nutters. It's says enough that no long established operation is doing it other than through their trading platforms and Circle have already fucked enough people with their Clams balls up.
Coinbase lending could be interesting, I'm guessing it'll be a much more regular version of lending (comparable to getting an actual loan from a bank) due to how regulated they are, I do think they'd keep their investors pretty safe though.
639  Economy / Economics / Re: The U.S. Government Tried To Shut Down Bitcoin on: October 12, 2019, 12:24:00 AM
I saw the article in my Google feed a couple days back and had a read, it looks like it's really scrappily made and they don't actually have any real information/proof and it's just here to clickbait users into reading the article.

Tim cook is a weird fella. I don't agree with his views at all and he is too government oriented and isn't as free thinking most of the Bitcoin community is.

Think most of us got baited hard.
640  Economy / Economics / Re: $6 Billion United Nations Agency Launches Bitcoin, Ethereum Crypto Fund on: October 11, 2019, 11:57:45 PM
Never had a piece of very good news this year like this one, United Nations finally recognize the role of Cryptocurrency to our civilization, this is a big leap I hope it converts to something favorable in the market, we have to sell this news which people in the community are now doing, so people will start buying Bitcoin again, more good news before halving and we can expect something great to happen next year.
Taking another look at this thread I think we took the news too fast and we where too quick to think this means the UN is fully adoptive of crypto-currencies, but instead they've only opened their doors for free money, which is more disappointing to be honest.

Still good news though, this with the charities show the effects that BTC are making, maybe we'll see some governments step up next!
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