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6241  Bitcoin / Bitcoin Discussion / Re: Are banks scared of crypto on: August 23, 2019, 10:27:29 AM
They are already adopting blockchain technology, so I think they are embracing it because they feel the threat. They must be scared if they do nothing because crypto can really surpass them. If the banks banning your sale or freeze your crypto money, then that’s a normal procedure by AML, and the banks.
I think the reason some of them adopt blockchain is not merely because they want to survive and attract customers. It's also very profitable for them, because international transfers take more time and money, and the fees for transferring a big amount of money are also way bigger than if you use a cryptocurrency for this process. As for bans - yeah, I guess it's an attempt to stay in power, be control the money of people. I think security measures are being brought up only to make it sound more reasonable because so far banks are clearly way more involved in financial crimes that crypto users (if you compare, say, the money laundered in fiat and in Bitcoin).
6242  Economy / Trading Discussion / Re: Do you believe stolen funds should be returned to their owner? on: August 23, 2019, 10:13:33 AM
Fighting money laundering, ponzis, thefts and other types of financial crimes is important, of course. I did not know about ransomware being so popular, honestly. People have to be educated about their money management, real and not real offers, risks of investments, security measures and stuff like that. If the authorities manage to confiscate some funds, I think it would only be fair to return the money to those who lost it. As for the idea of making definitely stolen money frozen - I don't think it's justified and will ever be approved by the crypto community because it allows abuses. Or at least the freezing decisions will have to be made by the community, not the authorities.
Nice to hear that financing terrorism is usually happening with fiat, not cryptos.
6243  Other / Beginners & Help / Re: Looking for Social Trading on: August 23, 2019, 10:00:51 AM
You can try Binance, OKEX, Bittrex, Upbit, from many exchanges there is quite complete, if you want to discuss about the market I suggest you join the telegram group of traders, start by joining several telegram exchanges.

What I meant was is there some platforms where everything would be integrated into one.
Well, in a way Bitcointalk is such a place. There's a trading discussion where people talk about technical analysis, their predictions, failures, and successes. And then there's the Currency Exchange childboard of the Marketplace section where people both discuss exchanges, offer services and also agree with one another about buy/sell deals (well, at least it seems that it's possible to do it via bitcointalk). The trust matters can be resolved by hiring an escrow agent from this very forum, so in the end, you can both discuss and trade, I guess. And you can suggest investing in certain traders by making a thread about it if that's what you're looking for. But yeah, it's not like Facebook, and I haven't seen a platform that would specialize specifically on trading and social relationships related to it.
6244  Bitcoin / Bitcoin Discussion / Re: Im sick and tired of this Bitcoin on: August 23, 2019, 09:53:29 AM
Where is the money?
In this real the real money


Sick and tired seeing some rubbish tokens I invested into some, Nothing.



I Don't know how should I make money with Bitcoin?


I been doing trading but You need at least few thousend to make it worthed time And efforts.


I have done trading day trading and swing trading..
What is scam about this that sell price on exchanger are always lower then Buy price.
Its a pure scam Exchangers Got fees from US... Why They steal like this more?
So the Trading on Exchangers like binance ,polo is worthed Only for People who Got Good wealth all Ready!!





Thank You and I Hope at least someone Here Had a Good day!!
First of all, you should not invest what you cannot afford to lose, since any investment has some risks associated with it, that's just how it works. Secondly, Bitcoin is not really a coin for trading. Well, at least I never saw it as such. And from my experience, it's way easier and safer to make long-term investments (I myself made a couple of very successful ones back in the days) than go for trading (I tried but ended up losing my initial capital). Bitcoin is a long-term investment, and even though it is risky, it's been growing year by year, and always recovered from the bearish trends so far (okay, there hasn't been $20k price yet, but there has definitely been some improvement).
6245  Economy / Gambling / Re: 🚀 ⭐ MegaEther.co ⭐ Lottery Game Based On The Ethereum Blockchain Platform 🚀 on: August 22, 2019, 05:10:53 PM
The website looks fine to me, and it's good to see more casinos using smart contracts. It would be nice if there were a way to make them more user-friendly, of course (is it possible not to go through Metamask stuff? I guess it's not, and it's not your fault), but at least smart contracts ensure that the payments will be sent out to the winners.
Well, I saw the website of this lottery gambling it seems looking promising one.
Is there a restriction on the country we live?
According to their official website, they are accessible to people of any citizenship, so I don't think that certain locations can be problematic. At the same time, I suppose it means that the lottery is operating illegally since it does not comply with the national legislation of countries where it may be forbidden to participate.
6246  Bitcoin / Bitcoin Discussion / Mining Bitcoin at a nuclear power station in Ukraine on: August 22, 2019, 02:22:53 PM
I found an article about this case on a local news portal, but now I see that there's information about it in English as well. Some people were using a Nuclear power station to mine Bitcoin in Ukraine. It is likely that the guarding personnel was also involved in the process. The investigation is not over yet. A link to read more: https://bitnewsbot.com/atomic-wealth-cryptocurrency-mining-operation-foiled-at-ukrainian-nuclear-plant-report/.
It's nice that people used clean energy to mine Bitcoin, I guess, but also sad that people keep trying to profit by cheating and using the resources that don't belong to them.
6247  Bitcoin / Bitcoin Discussion / Re: The Biggest Austrian Telecommunication Provider Now Accepts Bitcoin Payments on: August 22, 2019, 02:18:03 PM
Austria is a great country. I enjoyed my visit there last spring. It's expensive for foreigners but affordable if you have a standard Austrian salary. It's also very ecologically clean, accessible and safe. This is indeed a nice country to live in since they care about their citizens. Allowing them to use a wider variety of payment methods is another sign of it. And, according to an article about it on Coindesk, this move is also tourist-oriented.
Adoption of Bitcoin as payment is another win not only for Bitcoin but for those who still believe it can be legal tender.
6248  Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto is by no Means a Japanese on: August 22, 2019, 02:05:06 PM
Forget about what his wiki page is saying or whatever we have read about him. Reading through Satoshi's post on this forum, anyone with common sense and good understanding of English language could see clearly that the Bitcoin founder is by no means a Japanese. I spent the whole day reading through them, and here are some outstanding posts he made prior to his disappearance. The perfect use of English is telling and undeniable.

"Perfect use of English" does not exclude people for whom English is a second language. For example, the great writer Vladimir Nabokov is native to Russia, but I find that his command of the English language is better than most native English speakers.

I agree that some people can write texts in English that is indistinguishable from that of native speakers. Not to mention that some native speakers can be so bad at writing that one might assume that English is their second language... And while the op asks us to forget the stuff from Wikipedia, I'd like to point out a fair argument available there, regarding the time zone.

Quote
Stefan Thomas, a Swiss coder and active community member, graphed the time stamps for each of Nakamoto's bitcoin forum posts (more than 500); the resulting chart showed a steep decline to almost no posts between the hours of 5 a.m. and 11 a.m. Greenwich Mean Time. This was between 2 p.m. and 8 p.m. Japanese time, suggesting an unusual sleep pattern for someone presumably living in Japan. As this pattern held true even on Saturdays and Sundays, it suggested that Nakamoto was asleep at this time.[8]
Surely, a Japanese guy can live in Europe, but I think that it makes it unlikely that the person we call Satoshi lived in Japan in 2009 and 2010. I think there's a good chance it's someone from Britain, though.
6249  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a Game Changer for Cybercrime on: August 22, 2019, 01:38:43 PM
I don't think that Bitcoin is to blame for rising cybercrime. Any invention can be used for good and malicious actions. Weapons can be considered protection and means of killing, money can simplify exchanges of goods and services or be used to finance terrorism. Blockchain can provide financial freedom and allow people to actually own money without being affiliated with a certain country, but it can also be used to scam people more effectively. Not to mention that many companies that were officially registered and investment opportunities approved by the governments led to people losing lots of money.
Cybercrime is rising, because it's easy and not combatted to the same extent as more traditional crimes. Bitcoin is not to blame for this.
6250  Bitcoin / Bitcoin Discussion / Re: Can a Bank Run Financial Activies on Blockchain Without Crypto Currency ? on: August 22, 2019, 09:41:47 AM
The question is vague. You're asking whether a bank can make transactions on Blockchain without creating their own crypto. First of all, they can totally avoid making another token nobody cares about and use a well-known crypto instead. Ripple, for instance, is all about being a crypto for banks. If the question if whether there can be Blockchain without crypto, then the answer is also yes. After all, there are many use cases for this database, it doesn't necessarily have to be money. If we are talking about financial transactions, though, it seems to me that a coin is needed, but I am not sure.
6251  Bitcoin / Bitcoin Discussion / Re: 22M btc transacted today on: August 21, 2019, 05:26:52 PM
Interesting... Looks like a mistake to me as well, since it is an ATH of Bitcoins sent if that's true. But I cannot come up with a way to check it since according to the same website 100 largest transactions of the last 24h make only 3.25%... And there don't seem to be press-releases about this. I've never used this website before, but I checked the value of the website and it's estimated to make $37k monthly revenue and have 70k daily visits, so seems rather solid. It's weird that they did not fix it if it's an error and that nobody wrote explanations of this phenomenon. Let's wait for tomorrow and see if there is an update on this situation.
6252  Bitcoin / Bitcoin Discussion / Re: Lack of retail interest indicates increased institutional flow into Bitcoin on: August 21, 2019, 05:04:37 PM
So institutions believe in Bitcoin, whereas regular people and retailers are not interested. I think it makes sense. Institutions are interested in profits, they see an opportunity with Bitcoin as something that is on average rising every year at very high rates. Retailers, on the other hand, have their own goods/services to sell, and what they need is simply people interested to buy them. Bitcoin for them is something extremely risky, because of high volatility. It is also something that takes more time and sometimes more money than traditional payment methods. With people not even being interested to use it as money, there's no reason for retailers to adopt Bitcoin.
6253  Bitcoin / Bitcoin Discussion / Re: New self-proclaimed Satoshi Nakamoto's reveal is a complete epic fail? on: August 21, 2019, 04:01:49 PM
Recently, I came across with the latest crypto reddit trend from a self proclaimed satoshi. I have read the details and I did try to compare it to satoshi's writing style in here and it seems that their level of intellect is quite far. The guy behind this news is somehow using the numerology tho to explain how was the pseudonym "Satoshi Nakamoto" was created.


The funny thing as well is that this certain guy is trying to do it on a three part reveal. Most of the reddit users including me are expecting something to sell his new token release. Tho, I must say that still there can be good points here that a newbie can learn like Hal Finney's contribution to bitcoin creation.

I still can't understand to why fraudsters are expecting people from this community to believe in this. If they were really satoshi sending some signed message from satoshi's wallet can still be the solid evidence we should see.
 
I am interested with your thoughts tho.


News reference
https://www.ccn.com/satoshi-nakamoto-bitcoin-reveal-epic-fail/amp/

Reddit ref
https://www.ccn.com/satoshi-nakamoto-bitcoin-reveal-epic-fail/amp/

The reveal site ref
https://satoshinrh.com/

I agree that moving the money or signing a message could mean something, whereas articles don't matter. This company that was a nobody in the world of blockchain just came up with a genius idea of minimum investments for a great popularity boost. I don't think the authors even expected people to believe, really, but they expected they'd become noticeable, and they got it. Look at all of us, having threads of discussions about some no-name. Even major news websites caught up on this one! But for me even signing the message would not be a final proof. It could mean that someone hacked the wallet somehow or accessed it because of knowing the real Satoshi. Honestly, I think for now it's pretty impossible for anyone to prove they are Satoshi even if it's true.
6254  Bitcoin / Bitcoin Discussion / Re: Burn Satoshis coins to end the threat of prices crashing - Paxful Founder on: August 21, 2019, 03:52:49 PM
Satoshi created Bitcoin, and this is how we pay this person? By destroying not only some of the Satoshi's creation but also the money of this person?
I am sure that the majority would never agree to manipulate the coins this way. It crosses out the whole freedom and decentralization thing. If you own Bitcoin, nobody can deprive you of them unless by hacking, and this is how it's supposed to be. The person decides to sell - well, it's the right every single one of us has. And abusing one's right of managing money independently cannot be justified.
6255  Bitcoin / Bitcoin Discussion / Re: Would this finally be a real Satoshi? on: August 21, 2019, 03:29:23 PM
What these people succeeded in is marketing. We are all reading their articles, discussing the texts, increasing the view count on the website of a company nobody ever heard of before. And since these people have their blockchain project, it's not just the views for them, it is the popularity of the products. I read some of it, and I think it's a nice writing peace, but it's fictional (although based on some preliminary research the author did). IMO Satoshi would never be so talkative in the first place. With friends in personal messages? Maybe. With strangers in public online space? I don't think so. Just take a look at real Satoshi's posts on bitcointalk. This person writes a lot, but not in this poetic way the revealer is talking. Real Satoshi is very focused on technical issues, improvements, risks and other things like that. Doesn't strike me as a long chit-chat kind of person.
6256  Bitcoin / Bitcoin Discussion / Re: Why we should measure bitcoin in duration(time) rather fiat. on: August 18, 2019, 05:11:39 PM
If we recognize Bitcoin as money, then comparing it with fiat is okay. After all, most of the local fiat is valued in relation to the dollar, euro or other main currencies. However, it should not be the final way of measuring Bitcoin, since fiat is indeed not as stable as it may seem if we take into consideration its lifespan. I suggest measuring Bitcoin's purchasing power. I think this will be the best way to do it, but since for now Bitcoin is not largely accepted, it seems rather difficult. Not to mention that even places that accept Bitcoin rely on its fiat-based value. The whole sense of money is that it is something that can be exchanged for goods and services. That's why its value should be measured in good and services.
6257  Economy / Gambling / Re: I going to investment in wink.org what do you think about it? on: August 18, 2019, 04:46:59 PM
I saw website wink.org i saw some information about it here. Should i buy win to investment there?
I've never even heard of this website (oh, it's because it's new, but Binance is pretty good). Of course, investment decisions should be made by you and only you, but if you're thinking about investing in a casino's bankroll, then now is probably not the best time. These investments don't offer big profits and yet can be rather risky. Binance is a great exchange, but will they be able to make a great casino - that is yet to be determined. If you want to buy their tokens, it might be not a bad idea. At least, their BNB token is a great success. I don't know, for me now is the time for Bitcoin and only Bitcoin, but Binance is a strong player, so at least you won't be scammed.
6258  Economy / Gambling / Re: 🚀 Sportsbet.io - Main Club Partner of Watford FC ⚽ Fun. 🏀 Fast. 🎾 Fair. 🏆 on: August 18, 2019, 03:58:38 PM
I hope to make up for it with the Super Streak Challenge.
So far I have won 4 consecutive bets in the Premier League
I tried to find any information about Skrill, Italy, and sports betting that could explain why it does not work, but I really could not. The official Skrill website lists Italy as a country where Skrill is available, and I haven't seen any articles about recent developments related to betting, cryptos or Skrill in Italy... But I agree with others that Sportsbet probably would not remove Skrill just because they wanted to. Perhaps it's a new legal development that is not available online in English yet, or maybe just a mistake.
Good luck with the Super Streak Challenge!
6259  Bitcoin / Bitcoin Discussion / Re: Understand this - Bitcoin is not a commodity it is a working product on: August 18, 2019, 03:17:06 PM
When will they understand Bitcoin is not a quick "Make me Rich" product. I have been following this forum for more than a month and most of the time Users here are talking about the price or are trying to find out when the price will reach a new all time high.

If you understand Bitcoin and the concept, it was never meant to be a commodity. It was meant to be and will always be the replacement of FIAT currency and Financial dependence. It is was never never meant to become a quick way to become Rich.

It simply meant Financial Freedom from those individuals who control our present finance. Who controls them I do not know?

It meant freedom from controlled money and to ease of live.
You are right, and it is very important they Bitcoin is an alternative to fiat, a way to have money that isn't under control of a certain country. However, there are reasons why people mainly concentrate on the price. One of them is volatility. Bitcoin is so unstable in comparison to fiat that we cannot just ignore it. And because of that trading and holding make sense. Of course, some say that 1 bitcoin is always one bitcoin and it's all that matters, but I disagree with this approach. Fiat helps to see how significantly the purchasing power of Bitcoin differs. Another reason is that while bitcoin is money, there aren't many ways to use it on regular basis. It's hard to find a cafe or a shop that will agree to accept Bitcoin.
6260  Bitcoin / Bitcoin Discussion / Re: Who are Bitcoin users today? Who are you, %username%? on: August 17, 2019, 04:22:10 PM
I passed the survey, and I generally found it easy and comfortable. However, I agree that these "over the last week" and "over the last month" questions seem too limited. What if a person used to trade/exchanged cryptos regularly over the year, but is currently on vacation or something? This person is not a holder but would appear so because of the questions you ask. And the whole set of questions about exchanging altcoins seems unnecessary. After all, now is not the time of active altcoin trading, it's not 2017 anymore.
Anyway, good luck with the project! I hope you'll get enough responses to make sense of the data.
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