I can't say why ppl come here for $50 loans there could be emergencies in their life. We don't know about their month pay we don't judge their spending or saving system but if the loan's going to be repaid it doesn't matter. I'd like to know why newbies ask strangers in forums but don't ask ppl they know for $50.
Well, this is a question that caught my attention when I started visiting this section, and I opened a thread about it that contains some interesting answers: I'd like to understand these crypto loans.The other thing that strikes me is people who have been on the forum for a long time and ask for loans of a couple of hundred dollars, paying a very high APR. To me it's mainly because of poor financial management, but you never know what personal situation they may have. |
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And could you reveal your secret how you manage to sell before the price falls? I admit since I never really know where the price will go tomorrow, I prefer to buy coins that have promising long-term prospects (Bitcoin!) and that don't force me into guessing any highs and lows correctly. If that's a secret strategy, you can PM it to me, but psst!  The guy you quote is a shitposter expert, specializing in overquotes and writing without thinking much after the quote. I would be surprised if he hold any Bitcoin at all. For me he spends what he charges at the casino, as happens with many on the forum. On the other hand I share your vision, I prefer Bitcoin and DCA, without eating my head trying to guess when the price is going to go down or up to make my next move. |
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Yes, you are right, there a many other ways through the Internet that can give you handsome money that will help you in the future.
Mainly, if someone like the OP is looking for how to make money today, what he should focus on is the internet. You can make money on the street but the big money is on the internet and so are the most profitable businesses. Besides working on the internet you avoid the physical discomfort of other jobs and you can relocate. But that also depends on several factors, such as the personal situation of the OP. |
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Do they mean any balance more than $20,000 during the fiscal year, or is the total number of transactions for each account $20,000 during a fiscal year?
Fuck man, if all you have to do is read the OP to get the answer to your question. And it's not like the OP is very long or that there are many answers before what you wrote: "...(IRS). Circle has stated that it is obliged to submit records concerning U.S. taxpayers who have engaged in transactions amounting to at least $20,000 annually during the years 2016 to 2020."
What data can they collect? I thought they were just collecting IP addresses?
And where do you get that from? Not from the OP, and not from the linked article either. It's just that if you don't do the most basic thing, read before you comment, you can't have a conversation with you. |
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If they don't lift the ban, Nigerians can find Non KYC exchanges to use for cryptocurrency to their fiat currency exchange. Nigerian commercial banks will have less chance to engage in such crypto-fiat exchange and can not ban their citizens as well as their bank accounts if they have no information about those trades.
I guess it was this, that they realized that they were losing much more than they could gain from the ban. No, buddy. Since the time of restrictions until now, more Nigerians have started using cryptocurrencies. It didn't decrease their usage but introduced many Nigerians to the existence of cryptocurrency technology. Lots of Nigerians were stuck dealing with the banking system, and over time, they discovered new ways to save and protect their money from banks that often deducted unreasonable charges from customers' accounts. The ban of institutional crypto transactions, increased awareness of alternative ways to save or trade money, leading to potential profits.
Interesting. If people had become accustomed to making cryptocurrency transactions outside banks, I don't think they are all going to make them with banks now. We will have to see how things develop from now on. |
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As far as cashing out earnings from sig campaigns, I wonder how that works in practice.
The theory works with everyone on the forum declaring signature campaigns earnings. In practice it works with people cashing out what they earn with anonymous Bitcoin ATMs, DEX, buying gift cards or depositing it in the casino and losing it. Without declaring it. Others accumulate but may find themselves tomorrow with a serious problem, which has already been discussed many times on the forum. If by accumulating you find yourself with $1M that is difficult to justify to the authorities, you will have to look for specialized lawyers and maybe set up some kind of structure to be able to use that money, or go to a crypto-friendly country where you will not have problems about the origin of those funds. |
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I have the impression people just don't care about house edge these days anymore, like they used to care in 2015-2016. I don't see people talking about it on gambling threads and when one or other person mention house edge, the conversation doesn't go ahead or isn't quoted by anyone else. It's like after crypto gambling got more popular and new casinos took the front of the industry, people alienated themselves from the learning and understanding how gambling basically works.
Well, if people really understood what HE is, they wouldn't bet at all. Especially as they usually do, putting false hopes in gambling and betting more than they can afford. If a certain game has a HE why are you going to bet $100 if you know that on average it will return $95? And that's just on the first play. If you bet a second time, the expected average return is $90.25, if you bet a third time it is 85.7, and so on. Once you understand this you see that the tendency is for your money to become $0 but people don't think that, they are driven by emotions, excitement, thrill. |
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In my opinion, this protocol should be changed so that miners are not able to choose the transactions with the highest fees, but rather have to execute transactions in their chronological order. This can reduce the mad race to raise fees to speed up the confirmation of transactions.
That you say is bullshit because everyone would send transactions with the minimum fee and instead of having hundreds of thousands of spam transactions on the blockchain we would have millions waiting to be executed, thus making it impractical. Besides, as the block reward would go down, mining would not be profitable for miners. |
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Is there no statute of limitations on tax liabilities in the USA? In other countries the statute of limitations expires after 4 or 5 years, so for the tax authorities to ask for 2016 data at the end of 2023, almost 2024, would not make sense.
On the other hand, the $20K threshold is fine because the more modest ones get off the hook, although they usually do it that way because investigating smaller amounts is not profitable for them.
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If the regularity of the past were to be repeated, we would see a rise from here to halving, although with dips as well. It is worth remembering that ATHs traditionally do not break until well past halving. That is if the regularity were to repeat, well it doesn't have to but I think the most likely scenario is that the price will rise in the next few months to $50K or $55K and then drop and after halving go up to meet the previous ATH of $69K.
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It is curious that the peak of that chart is in 2017. I think that was the height of the blocksize wars, with the hard forks of shitcoin cash and others, aside from the danger of flippening that there was with Eth eating into Bitcoin. But we see after the years that the danger passed and Bitcoin continued to be declared dead without anything really happening.
Looking at the downward trend, if next year we enter the bull market as expected, the death of Bitcoin will hardly be announced.
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The summary of the news is that JAN3, a technology firm which focuses on promoting Bitcoin adoption in all the continents of the world is trying to make Suriname Bitcoin-friendly. JAN3 have just sent a proposed Bitcoin strategy to the government of Suriname. The government have acknowledged that they have received the document, so it will be studied and decisions will be made.
We cannot just assume that Suriname will be the next country to adopt Bitcoin after El Salvador because the proposed strategy is the beginning of a long process of adoption. The adoption of Bitcoin as a legal tender will have to go through the legislature for deliberation and approval. I am comfortable with this organisation because they promote only Bitcoin. I just hope that the organisation's efforts in Surname, Montenegro and Colombia will be fruitful.
Right, we should not stick with the headline. It seems to me that the news comes from a press release sent by JAN3, the company that has made the proposal. In Suriname I don't know but in Colombia I doubt very much that they will make any considerable change in the policy regarding Bitcoin, although if it were to happen it would be considerable due to the size of the country. I think it is easier for smaller countries to implement policies like El Salvador and those are the ones we will see first. |
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Aside from the obvious scam attempt, I don't trust making financial deals with someone who doesn't understand basic mathematics: Loan Amount: 50 USDT
...
Loan Repay Amount: 60 USDT (10% interest)
He's probably thought about the 60 USDT he's supposed to pay back and subtracted the 50, thinking the 10 left is interest, lol. |
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I use artificial intelligence in my day to day life, outside of this forum, but I would not use it for trading. First of all because I don't trade. I like to have a high probability of making money and in trading what you have is a high probability of losing money. And secondly because a trading AI that really works would be widely adopted and would stop working, because for some people to make money, others have to lose it.
Apart from that, I do not know what will happen in the future, but I think that the IA still has a lot to improve, what happens is that it has cumulative knowledge and never gets tired of learning, nor gets old or loses memory.
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Another day and the mempool is even more full. Currently it costs almost double what it did yesterday to get a transaction onto the blockchain. I had assumed this backlog would have been getting worked through by now but it is still getting worse. People are having to spend a great deal to get anything through the network right now.
Yes, it is. About 300 sats/vByte for confirmation in the next block, which affects those who do DCA, who if they buy small amounts have no choice but to reduce the frequency to reduce the proportional impact of fees, as discussed. At some point the fees will have to come down, what we don't know is when. There seems to be a lot of retarded people with money willing to pay a lot to put their junk on the blockchain. |
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In short. A lot of people don't understand how markets work and when they don't understand basic things like this, which are based on supply and demand, they start seeing conspiracies.
I've spared myself the "free" market because they are often more intervened than we think but in Bitcoin it's pretty close to what a free market is. If you want a transaction confirmed fast, you pay more.
The use of the word "extortion" is either a joke or not understanding anything at all.
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I invest for the long term and what volatility does in the short term does not usually concern me much because it is unpredictable (with certainty, like using an algorithm).
Simply from the experience I have of following markets and the Bitcoin price I would say the price will then be around $47.5K.
Thanks to icopress, GazetaBitcoin and especially light_warrior's daughter.
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If you bothered to click twice before posting, you would have gotten the answer without creating this thread. I have been reading the replies for the past few minutes, and to be honest, I'm emotionally touched. I didn't believe that my departure was worth four pages of discussion.
About three weeks ago, I faced significant challenges in real life and... to put it mildly, I didn't believe I would overcome them. Fortunately and thankfully, I am currently standing strong, and I express gratitude that the issues have been resolved.
That is all I have to say. I moved my thread to the Archival board, and I kindly request from the OP to lock and move the current one there as well.
Signed message from 1BLACKWQ3LHpbh8GFYnarr5mpuJ7xz1v5h:
Code:
-----BEGIN BITCOIN SIGNED MESSAGE-----
At the time of writing this, it's 20/12/2023, 18:23 UTC.
Last block: 822122
Last block hash: 00000000000000000003fe980df59df4daf9529f717c76f60eea991ef263b668
-----BEGIN SIGNATURE-----
1BLACKWQ3LHpbh8GFYnarr5mpuJ7xz1v5h
HAc9wXA7xDwBbJ6unVEOi3V9mx4iB+aEqAiujeAVNqKuSWXXpgvFBSz8gHQ0iKpj5MWoXomj59WTzXQRPh+Jgns=
-----END BITCOIN SIGNED MESSAGE----- https://bitcointalk.org/index.php?topic=5477212.msg63358011#msg63358011Just by going to his profile and seeing what he had written since he came back you would have found out. Now it's your turn to lock the thread. |
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In the remaining ten days? I don't think so. Besides, I don't give a damn. It is clear to me that they will start to be approved sometime next year, which coupled with halving will push the price up but neither changes my plan, which is slow and gradual accumulation until the price breaks highs.
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