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621  Economy / Reputation / Re: Is it a right approach a campaign decides where you to post? on: July 31, 2020, 12:20:27 AM
According to the CM, any thread with more than 5 pages of replies is a spam megathread and some participants do not agree with this.

Strange decision. There are plenty of long threads that are very worthy indeed and they'll have a much higher readership for much, much longer, and therefore exposure, than the countless 'where does we make most excellent profitings?' threads that run out of gas before they started.

Their rules of course but not very good ones. If I was financing the campaign I'd be a bit unimpressed myself.
622  Bitcoin / Bitcoin Discussion / Re: More and more moved Bitcoins from "Bitfinex Hack 2016" to unknown wallet-adress on: July 30, 2020, 04:40:09 PM
It seems to me that you pay too much attention to this. Why do you need to know who they are sending these funds to?

Found the hacker. You cheeky fellow.

It's interesting because it's one of the most famous hacks of all time and by following the coins we may find out their eventual fate as well. Along the way we may learn how on it law enforcement and exchanges are about this type of thing.
623  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 30, 2020, 03:51:23 PM
So I have been spending a lot of time speculating on the commonness of the above rationale.

That combined with the people who FOMOed in at 15k plus 3 years ago are very likely to make the road between 15k-25k kinda swirly and narrow.

You could've said the exact same about the return to $1000 and there was a lot more pain and terror before that happened.

If you're still here the chances are you've had a long, long time to learn and increase your resolve. The hopeless and gullible will have acted on that hopelessness and gullibility long before.

2014/15 carried with it the whiff of it still being some sort of fluke that could fade away. This time around it has no doubt hurt for many but you'd have to be pretty stupid and lacking in vision to not think the future is bright no matter what the short term does to you.
624  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 30, 2020, 03:06:45 PM
Best strategy: Don't sell unless absolutely necessary.

Buy whenever possible and hold.

Resist the temptation to waste your bitcoins by buying fiat currencies just because the price went up. Be strong.

Do not deviate.

No one's going to sell to leave the money to rot in a bank account, unless they have some sort of condition.

I'm sure many here have areas of their life that they are looking to progress and are exceedingly tired of being chained to this whipsawing headfuck. I sure as shit am. I'd never be fully out of the game but I am extremely keen to not be so deep into it.

When the opportunity arises to exit enough to no longer have to care anywhere near as much it's being grabbed with both hands. Around half should do it.
625  Economy / Service Discussion / Re: "Signature Campaign" does work for marketing? on: July 30, 2020, 11:47:49 AM
You just have to keep in mind that there's a chance you won't see any improvement during the early days, weeks, or months as building project's name is not that easy.

That's the key. You have to keep drumming it into people and that doesn't take a week or two. There've been a lot of campaigns that have come and gone within a few weeks as they reported disappointing results. You need to allow for more time.

Long established campaigns can spend thousands of dollars per week. They ain't doing it for fun.
626  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 29, 2020, 08:48:52 PM
Looks like LFC is the first to get the rusty pipe for offending normaltons and turning them off. His behaviour is costing all of YOU money.

He'll have to do it to himself and post it as we're all very busy and important people here.
627  Economy / Economics / Re: ETC Group to launch bitcoin ETP on Deutsche Boerse on: July 29, 2020, 05:53:39 PM
This is starting to gather some decent momentum. Last time I checked it had 1000 BTC. Latest figure is 3800.

Volume is well on its way up too - https://www.boerse-frankfurt.de/en/etf/de000a27z304-etc-issuance-gmbh-0-000/price-history/historical-prices-and-volumes

They may well have launched at a very fortuitous time.

628  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 29, 2020, 05:17:54 PM
I imagine = I dream of?

When you get to my age you start to think about securing your legacy.

I think decentralised money being associated with a corroded length of metal being shoved inside someone's body and pulled in and out at high speed is something I would like to be remembered for, so I'm going to do everything within my power to make it happen.

If even only one Bitcoin user ends up skewered it will all have been worth it.
629  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 29, 2020, 04:48:38 PM
Imagine some random lurker who doesn’t normally hang out here and landing on this page and reading that.
They’d be like “good lord, these bitcoiners are a nasty bunch!”
Lol

Perhaps a rusty pipe dangling out of one's ring piece will become as iconic as 'hodl' in the years to come. I can imagine future Bitcoin meets being a riot of clanking and groans of agony.
630  Bitcoin / Bitcoin Technical Support / Re: [JULY 2020] Fees are low, use this opportunity to Consolidate your small inputs! on: July 29, 2020, 11:00:12 AM
I see you talk a lot about transaction fee of 1sat/byte. Is there a possibility of transaction to stuck or get lost?
For example if I send 1 bitcoin with transaction fee of 1sat/byte is there an opportunity for me to lost it for ever? Or it will take hour/day/month/year to get it transferred, but in the end the receiver will get it?

Nope. Worst case scenario is that it won't get picked up and processed by a miner. It will return to your wallet, not that it ever left. I can't quite remember but I think that'll take 10-14 days to play out.

Even with fees as they are it's quite possible someone will process it during that time. There would be many peaks and troughs during a couple of weeks. I've had some lengthy waits whilst skimping but I've never had one fail to get there eventually.
631  Bitcoin / Press / Re: [2020-07-28] LBC adds 2 Elliptic surveillance tools to "manage risk" on: July 29, 2020, 09:36:45 AM
they shat on us users a lot over the years, so we're slowly migrating but for sheer convenience and options for travellers, you can't find better than this.

It's going to be interesting to observe whether they hang on to enough users and add enough new ones. They have a whole lot of track record and people may resolve to keep with the familiar. It's the users themselves of course who make it and there'll be traders on there with 7-8 years of feedback. That's going to be compelling for buyers even if there is KYC.

I last used them in 2014. No plans to again.
632  Other / Meta / Re: Huge donations to bitcointalk on: July 28, 2020, 10:03:07 PM
You may be forgetting that the bigger donations (as amount of Bitcoin) were made when Bitcoin was small, most probably under 200$.
Many of the spent Bitcoin may be also at low prices. This means that if you calculate everything at today's price of Bitcoin you'll be awfully wrong.

Mind boggling that it took 20 posts for this to be mentioned.

These days if you're happy to donate 50 BTC to become an official donator then more power to you but you're likely to be in a microscopic minority. Once upon a time that was 50 bucks and less which is when many of the donations would've been made. The origins of this forum came together before Bitcoin itself even had a price.
633  Bitcoin / Bitcoin Discussion / Re: 900,000 illegal bitcoins. on: July 28, 2020, 08:33:49 PM
True. But, how does Chainalysis know whether the coin is actually dirty or has a travel history from a service similar to the one in your signature?

That's their trade and they're unlikely to tell you how they know. They could of course be making it all up. It's not as if some tubby sheriff is going to know better.

But there are plenty of cases of moronic dark market traders sending coins straight to exchanges. And those Twitter hackers posted an address with previous transactions to exchanges. The criminally minded are just as lazy and stupid as the rest of us.

Even the more careful can blow it all with one slip.
634  Bitcoin / Bitcoin Discussion / Re: 900,000 illegal bitcoins. on: July 28, 2020, 08:19:12 PM
Chainalysis seems to have put up some arbitrary figure backed by no proof for cross-verification. Where does one check the addresses, they believe, belong to Darknet marketplaces / Stolen bitcoins / Scam project organizers / Other illegal activities? There is no way to check whether any address ever transacted with their suspect list either. It seems, this report is just a marketing gimmick to attract deep pocket customers.

The numbers could be totally made up, but I'm sure they have ways and means they're not going to tell us, however there's no denying a large amount of coinage has been exchanged for questionable things over the years.

If your coins are not straight from the miner the likelihood is extremely high we all have a little piece of them.
635  Bitcoin / Bitcoin Discussion / Re: 900,000 illegal bitcoins. on: July 28, 2020, 06:42:30 PM
If you have any Bitcoin then the chances are extremely high you have some that was either stolen from someone or earned selling 'shit'. Silk Road and similar will have had hundreds of thousands of coins passing through and they don't disappear like magic, they keep on circulating.

As long as you don't end with a toxic brand on your forehead it is what it is.
636  Economy / Economics / Re: Global Migration of Millionaires. Can Bitcoin change this scenario? on: July 28, 2020, 06:38:31 PM
With bitcoin adoption, rich people won't need to run away with their money, they can just convert it to bitcoin to protect themselves.

If you have the means you leave shitholes for quality of life as much as anything. Everyone would do it if they could afford it.

Would I rather live in a penthouse apartment in Murmansk or the Bahamas? The latter sounds a bit more fun.

Even if tax rates were lower in the place you left and there was no question of your wealth being nicked most people would still prefer to be somewhere that didn't make you want to top yourself every time you walked out your front door.
637  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 28, 2020, 03:20:14 PM
I still have my $10,000 dollar DJI Mavic Pro drone.
Stiil, can't complain, I picked it up with Bcash when Ver started giving away his shitfork.

MUCH more satisfying to have paid for things with shitforks.

I have a MSI GS65 paid for by Roger. That was about 1.3 Rogers when it was way higher than it is now so I have a £300 machine. I like it when it goes in the opposite direction more.

I still have some Rogers and Craigys. I'm looking forward to spending them when mugs send them vastly higher.
638  Bitcoin / Press / Re: [2020-07-28] LBC adds 2 Elliptic surveillance tools to "manage risk" on: July 28, 2020, 03:04:45 PM
Sure, but what does LocalBitcoins bring over a decentralized exchange like Bisq or LocalCryptos in these cases? Citizens of these countries can use these exchanges to trade peer-to-peer with other citizens in their own country or abroad, and can do so without completing KYC or signing up to allowing Elliptic to stick their noses in to all their holdings and transactions.

Availability.

There's someone on LBC in almost every country. Localcryptos has plenty of blank space though I hope it grows. Bisq has even bigger yawning gaps.

If we take Bulgaria as an example, though I've no idea what the exchange situation is there.

https://localbitcoins.com/buy-bitcoins-online/BG/bulgaria/

https://localcryptos.com/Bitcoin/Bulgaria

https://bisq.network/markets/?currency=btc_bgn

A fair few on LBC, three on localcryptos, zilch on Bisq.

Same story for almost everywhere else a bit out of the way.
639  Other / Meta / Re: been stewing on: July 28, 2020, 12:42:26 PM
What does your stolen forum account have to do with your tax return?

I mentioned my gout and erectile dysfunction on my tax return. They sent a note back saying they were very sorry to hear it and reduced my rate by 50%, plus threw in a bit of generic Cialis.

If you don't ask you don't get.
640  Bitcoin / Press / Re: [2020-07-28] LBC adds 2 Elliptic surveillance tools to "manage risk" on: July 28, 2020, 11:55:28 AM
I've not used LocalBitcoins in years since they started asking for KYC, but who is still using them? What niche are they filling?

There are still quite a few countries where there are no functioning exchanges and with very few options to move money to those abroad. They have gradually shat all over what made them worthwhile for most users, but even if they lose a lot of custom now future custom in that niche may make up for it.
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