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701  Bitcoin / Bitcoin Discussion / Re: Statement against people who say Bitcoin is a Scam on: October 26, 2019, 01:22:39 PM
<snip...>
what do you think about finding people like that and how will you react to them?

All of us have our respective opinions based on one's experiences but these opinions need to be substantiated and covered with definite proof especially if the opinion consists of allegations against the said complaint.
For instance, there are some that complain that bitcoin is a scam DUE to some incurring loss in the process, while others say that bitcoin blessed them with the opportunity of earning significant amounts of money.

It all depends on how we view bitcoin as everyone is entitled to have their opinion or view on a certain matter/thing. But this escalates quickly especially if someone made an accusation against something/someone without backing enough proof.
It depends. There are people who will choose to believe things with zero to no proof, just take a look at the recent years and the perception of bitcoin from the public. Remember when bitcoin was being showcased as a tool only for the darknet and people were only able to commit illegal and inhumane crimes due to it? There's still a lot of people from that period who do this date still think that, and what's the proof in that? Anyone who spent an extra minute looking would have found out that was not the case at all.

The media is very important in our everyday lives, and it's important to learn not to always believe in them - if the bull run didn't get showcased and reported on as much as it did, we could be looking at much lower price and community nowadays.
702  Bitcoin / Project Development / Re: Looking for business partners on: October 26, 2019, 12:28:18 PM
Profitability: it varies, between 5-10% per trade.
Investment required:  Not only looking for investors, if someone can't invest money might be interested in supporting operations, etc.
rough details of the business operation: Buying BTC where is cheaper, selling it in countries where it's more expensive.
You realize that this is not really a unique idea? You're just describing arbitrage. Plenty of people do that, plenty of businesses do that, it's risky and you can't guarantee that you'll always be able to pull it off. Surely you cannot actually think that you're the first person who has ever thought of buying BTC on one market/in one country and selling it on another market/in another country?

What gives you an advantage doing that over others? There is plenty of software which attempts to take advantage of these margins - have you developed any yourself? I am guessing that your answer will be a no.
It depends.. Op could be looking to create his own software and there are always people who have insane connections, but a lot of them are dodgy (eg a drug dealer selling/buying BTC at a premium due to his occupation).

If he does have the 5-10% trade per profit it really depends on his volume, it's going to be hard to find people who are bothered enough to help someone getting 2 trades a week, and the profit definelty isn't enticing enough.

Good luck, I guess.
703  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Next Nicehash bug, leading to massive loss of money on: October 26, 2019, 12:02:28 PM
This isn't a bug. It's you being careless and then getting punished for it. You didn't set a requirement for the trade, didn't cap it a X per XRP, it's your fault for setting the wrong trade, Nicehash doesn't need to do anything here - some exchanges use limit orders as the default button you click, but it looks like it's clearly marked and just a different design layout.

It's difficult to side with anyone here, but one thing I can say is that nicehash's liquidity is so poor that it will take a very long time to get filled on a limit order of 0.78BTC. The very fact that your market order (whether it was a bug or a mistake on your side) caused a pump just shows how illiquid their orderbook is.

This wouldn't happen on an exchange as liquid as Binance, so perhaps a good idea to use that exchange if you're not from a country they don't offer their services to. They allow up to 2BTC daily withdrawals for non kyc users, which is more than enough for most people.
Exactly - they are a small exchange that isn't really used to "whales" trading on there and that's probably why you lost money there, next time use something a lot more popular and you won't need to deal with this.

Binance, Kraken, Shapeshift, etc... Take your pick mate.
704  Economy / Speculation / Re: Are You Concerned On Sudden Rise of Bitcoin? on: October 26, 2019, 10:31:19 AM
Bitcoin just made a sudden or abrupt rise hours ago and it reached more than $10,000 before settling at around $9000 as of the moment. Now, I am actually so excited and happy for this development as I also have some Bitcoin hidden somewhere. However, i am a little worried that this very volatile move can be bringing some damage to its overall reputation as a store of value and a future global currency.

Is my concern really valid in the face of this ongoing development?

Concerned why it went up? Not really, probably due to a huge range of reasons. Concerned that there will definitely be a price correction in a couple of days and we'll probably fall below 10,000 again? Definitely...

Never had a weirder market, I didn't expect the news from China to have such an impact on a bearish market, and I'm personally likely just going to play it safe for the last couple of weeks, my heart can't just take waking up to see the prices gone up by 20 percent.

Let's see though - it's a wild ride, not sure if I want to be on it all the way though.
705  Economy / Service Discussion / Re: Cryptotab Browser on: October 26, 2019, 09:27:09 AM
Is it really useful to use this app as your main browser or what can you guys suggest?
In a simple sentence, it's a good browser but leaves too many things out, and it isn't worth using it for the little bits of crypto-currency they give you for letting them use your browser to mine.

Using a browser like Firefox/Chrome is so easy with their extensions and it gets really hard for regular people to swap browsers, especially when you starting using sync features and then getting all your tabs to sync across different browsers is so easy.

Not exactly sure how much money it'll net you, but definitely not a lot if your using an old/cheap laptop, and it won't be worth killing your expensive computer for it either.
706  Bitcoin / Bitcoin Discussion / Re: He's thankful he found "Bitcoin" on: October 26, 2019, 08:49:13 AM
Knew the dodgy "s at the title was going to be a bad sign, can't believe I got baited by it, lmao.

There's a lot of these shills on twitter and telegram, thanking people for giving them insight in something, and then going around and advertising a random shit-coin. Twitter influencers, am I right...

you should keep in mind that this is only one of many examples out there where people are either trolling the internet by calling their shitcoin the "real" bitcoin. or they are poor newbies who were fooled into buying a shitcoin instead when they wanted to buy bitcoin! this last case was actually very common last year when bitcoin.com (Roger Ver nest) started calling BCash "bitcoin" and renamed bitcoin to "bitcoin core" and a lot of newbies were buying that shitcoin instead then on forums about why they haven't received it in their wallet!
I don't think they are trolls most of the time, I reckon it's some stupid that get conned into supporting a coin via influencers or people they respect, I can imagine a lot of people being new to crypto-currencies and then going to buy bitcoin, finding bitcoin cash to be the 'recommended" option when they go to buy it on bitcoin.com, and then end up with that and not a second thought.
707  Economy / Scam Accusations / Re: Threatening EXIT SCAM on POLONIEX or just worst service? *** WARNING *** on: October 26, 2019, 08:00:19 AM
Mate, I was already fully verfied. That is the point. Please read the whole story and sorry for my bad englisch.
I am happy about every comment, but please catch the full story and content.
Sorry, I should have clarified - I understand that you are verified (ID wise), but if your accessing your account from a different IP, or a different device, it could have promoted this shit storm. For example, I know localbitcoins needs you to verify via 2FA and email if you're accessing their website from a different IP/device. My apologies.

And read about BTCe.com / WEX in here (somewhere in Bitcointalk) to get the start and the end.
The first "problems" coming up with WEX and almost nobody was believing in problems (just those who remained from BTCe.com)
4 weeks later ... everybody was ... a believer Smiley

Even if everything is just a "bad customer support joke" and they are not in "problems", it is the worst customer support in years and on the edge to be legal (maybe already over it).

In my opinion at least the person(s) who gave the the personal answer and who ignored my answers, stealing my coins or preventing me from using my coins are just BASTARDS.

... and I really hope they try to go to court for that to charge me, because in my country this is a personal statement (opinion) and allowed  Shocked Grin
But like the language. I can understand them, but they cannot understand me.
I understand that under USD 10.000 the way to court is easy and short in the U.S.
For USD 2.000 to 3.000 even in every state like I know it (well, like my englisch ... 60% to know is more then 0% ; but U.S.-friends will help) Wink

The support ist arrogant and a shame for all customer supports in the world! With this service it is no wonder that they have to leave USA. Service has to be first for such a business in USA.
In my "first life" without money I was working for customer supports. With this performance I would be fired the day! And that would be the best thing to happen to me!
It's, unfortunately, the case with all exchanges. Had an issue with Kraken, it took them 2 days to respond to me. Couldn't get verified on LBC, took me an extra 2 weeks. If you are using an exchange, there's one thing that's consistent, and that's arrogant/shitty/unresponsive/unknowledgeable customer support agents.

Look for a legal way here. You can even try threaten legal action and that might be able to accomplish something, but you are getting screwed over here and there's a good chance of your being able to hit them with a lawsuit and get a decent payout.
708  Bitcoin / Bitcoin Discussion / Re: Real Reason Why Bitcoin Price Shot Up Today on: October 26, 2019, 07:10:33 AM
It's never possible to fully blame bitcoin's price movements to a single factor, from looking at charts and reading the news it's usually a combination of this:

1. Some big news (like a company or government accepting it)
2. Other smaller announcements (eg, exchange annoucment)
3. Whale movement (some rich person buys like 1000 BTC at a premium and breaks past the sell walls)
4. Snowball effect (a bunch of people follow the market and keep buying BTC)

Could be a bubble, didn't expect these movements at all to be honest.
709  Bitcoin / Bitcoin Discussion / Re: China's President Xi Jinping VS Bitcoin on: October 26, 2019, 05:26:29 AM
I would like to discuss whether you think this is Xi hidden message to the world that they are able to make a perfect cryptocurrency than Bitcoin?

indeed blockchain technology is not only related to cryptocurrencies, but I think Xi has another intention!!
I think it's pretty obvious that his message is heavily laced with confidence and a certain cockiness, he believes that China would easily be able to make the best crypto-currency in the world, and other countries should basically bend a knee and use what they are making for all of us.

It's actually pretty good to see this sort of shift, from countries banning and influencing other countries to ban blockchain technology, to China to basically bragging about the new crypto-currency they've developed, and in a couple years we'll be able to see cryptocurrencies from Japan, Korea, China and maybe even the US battle it out.

I have an opinion that this is a very thought-out strategy. Now there is a trade war between the US and China, do you think that public recognition of Blockchain could be a step against the US? I mean, the Chinese president wants to show the world that he is better than Trump in everything, and so on, so what is your opinion?
It could possibly provoke the US to start creating their own crypto-currency, but I reckon they have their own plans...

And with this statement from China's President, we are seeing a good price improvement of bitcoin.
Whatever his intentions are, we are benefiting from it. So not bad at all, right.
And whatever plans they are cooking, without question, the benefits are more on their side.
The mood shift of China towards blockchain is not surprising on my end. Somehow I already grasped the mindset of Chinese people.
You will have that notion also if you directly worked and lived with them. They have different mentality on things.

I don't know if we can really attribute the recent price rises to a simple press release or statement from the Chinese president, it's always hard to blame bitcoin price movements on a singular factor, but I really doubt this is one of them.

China's mood and attitudes towards bitcoin and other blockchain technology has gone through a huge change in the recent years - a lot of this can be attributed to the change of mood of Xi Jinping, and him finally understanding the potential blockchain technology has, especially when he is able to control it from the government, is pretty interesting.
710  Bitcoin / Bitcoin Discussion / Re: Ios btc wallet help !!! on: October 26, 2019, 02:33:13 AM
If you're looking for IOS wallets, your best 2 bets are likely:

Mycelium: pretty safe, but not as attractive as apps like Coinbase and blockchain.info, I believe they have support for bech32 addresses.
Electrum: they are the main user for bech32 addresses and their version of segwit comes with the b-prefix addresses, they have a mobile app but you won't be able to import your private key (since it isn't bech32).

If you are looking for something on a desktop computer, I personally use electrum and bech32.

Also, most exchanges (Binance, Kraken) will allow you to withdraw funds to a bech32 address, if your bothered to download a new app just lose a couple of bucks that way (withdraw fees are usually a couple of bucks).
711  Bitcoin / Hardware wallets / Re: Security Vulnerability: Ledger Nano X and Ledger Nano S on: October 26, 2019, 02:09:23 AM
Thanks for the warning.  I'm just curious as to how these scammers got your e-mail in the first place.  I have a ledger nano s and as far as I can recall I've never given them my e-mail addy or any other identifying information, and that would be because they've never asked me for it.  If I got an e-mail like the one you posted I would know right away it was a phishing attempt, and if it wasn't obvious from that fact I certainly wouldn't expect a link from them to download some tool that sounds like it was developed by scammers. 

That explanation in the e-mail of what they say is wrong sounds like so much technical gobbledygook that I hope nobody falls for it.  There may be some basis for the entropy blah blah blah in how the ledger works, but it just sounds like a phisher trying way too hard to sound legit.
Have you seen the service threads out there that offer databases of crypto emails? There used to be bounties that collected email addresses, and they were open for anyone, very easily a bunch of them could have been compiled into a list.

They could have also gotten them from other database breaches, etc.

It just looks like a regular spam email that's actually made pretty well. Did the email hit your spam indox or was it in your primary inbox? What email address is it from? Usually, emails from spoofed addresses that have like a letter different get flagged by your service provider.
712  Bitcoin / Bitcoin Discussion / Re: China's President Xi Jinping VS Bitcoin on: October 25, 2019, 11:14:49 PM
I would like to discuss whether you think this is Xi hidden message to the world that they are able to make a perfect cryptocurrency than Bitcoin?

indeed blockchain technology is not only related to cryptocurrencies, but I think Xi has another intention!!
I think it's pretty obvious that his message is heavily laced with confidence and a certain cockiness, he believes that China would easily be able to make the best crypto-currency in the world, and other countries should basically bend a knee and use what they are making for all of us.

It's actually pretty good to see this sort of shift, from countries banning and influencing other countries to ban blockchain technology, to China to basically bragging about the new crypto-currency they've developed, and in a couple years we'll be able to see cryptocurrencies from Japan, Korea, China and maybe even the US battle it out.

I have an opinion that this is a very thought-out strategy. Now there is a trade war between the US and China, do you think that public recognition of Blockchain could be a step against the US? I mean, the Chinese president wants to show the world that he is better than Trump in everything, and so on, so what is your opinion?
It could possibly provoke the US to start creating their own crypto-currency, but I reckon they have their own plans...
713  Economy / Scam Accusations / Re: Threatening EXIT SCAM on POLONIEX or just worst service? *** WARNING *** on: October 25, 2019, 10:50:49 PM
I think you're just getting the short end of the stick here. There are a couple of verification sites/exchanges where it takes me 2-3 tries for my ID to get accepted, even though it's me just taking the photo again (for example Binance, Localbitcoins and Kraken) all had these issues for me, for some reason.

It's understandable that they would request you to send funds to your old addresses or use your old IP addresses since it's a safety precaution but it's very confusing why you weren't allowed to withdraw after verifying your ID.

Good luck OP, hope it get's fixed - don't think it's an exit scam, just them being weird.
714  Bitcoin / Bitcoin Discussion / Re: What's your favorite way to receive money as a gift? Cash or digital.. on: October 25, 2019, 11:33:55 AM
That's a very interesting statistic actually - I didn't know crypto-currencies where that popular and I thought that bank transfers/paypal payments would easily be on top. Looks like I was wrong...

I think this is largely due to crypto-currencies/digital currencies not being regarded as everyday funds, but more an investment option. People just seem to enjoy receiving BTC or other cryptos as a present and then keeping it for the future, otherwise, they would have preferred a more traditional payment method, would they have?

Great to see adoption going up nowadays!
715  Economy / Service Discussion / Re: BitPay Visa Alert. Cardholders having unauthorized purchases on: October 25, 2019, 09:23:38 AM
I wonder if Visa would be able to compensate these unauthorised purchases?

That's what they usually do. But due to the irreversible nature of bitcoin that is involved in the transaction I'm not sure if they stance remains unchanged.

This is one of my primary concerns in regards to bitcoin debit cards - they sound awesome in the beginning but then you realise that you're tying something irreversible to somethnig that be accessed through just typing in a card number and expiry date (and CVV).
It'll be bitpay compensating users. There's no way Visa got hacked, otherwise, we'll be seeing a lot more news and panic and a lot more than just some transactions at a retail store - and it'll be a lot more interesting.

Is that how those cards work? I thought the customers first needed to pay a certain fee and it'll end up having balance, not the system where it just takes BTC from your account during the time your using it. That's a lot more interesting, although I am still pretty sure we'll see refunds come in from bitpay's side.

A lot of those transactions are actually reversible, it's like a regular debit card where you are file for unauthorized transactions, etc, and get your money back from the company, don't think the bitcoin addition really changes much, but I could be wrong.
716  Economy / Speculation / Re: Will bitcoin hit a new low since 2018 on: October 25, 2019, 07:31:23 AM
Now some people on the Internet predict that bitcoin will hit a new low since 2018. Is this someone harvesting leeks and alarmist? Historically, there seems to be a similar voice every time prices fall. Our retail investors are reduced to leeks every time.
Your expecting/assuming the price to go down to around the 3,000 regions? That is what the price of BTC would be if it dropped down to the 2018 time.

Don't think it's necessarily a bad period for Bitcoin, and I think it's a pretty good period for crypto-currencies. Bitcoin's growth, in price and adoption and technology has been fairly stable, with the only big thing we can expect being the block halving.

I say it's a good time for crypto-currencies because a lot of them they are centralised and popular are actually getting support from governments, especially in the stablecoins area.
717  Bitcoin / Bitcoin Discussion / Re: Will it help bitcoin if we shift funds to it ? on: October 25, 2019, 05:29:34 AM
-Snip-

I think this is not a good idea at all, for those who believes in Bitcoin, then you can accumulate more but it is not right to exchange all your altcoins to Btc, as altcoins will declined too and legit project could stop and end what they are doing, there's a lot of project just like Eth and XRP that should be invested too as they are helpful in crypto economy.

It's better to accumulate bitcoin using another funds and not to convert your alts assets to hold, if you dare doing that since this thread has been
opened surely you regret the move as bears trend hits bitcoin. Avoid to make decisions without supplemental guide or patterned that will lead you
to much lesser risk type of investment, find time to pick or look for good alternatives since the market is red right now.

Alts can bring good bounce if you do research not bitcoin alone but also those quality projects from CMC.
Going off my that we can assume that every coin would become obsolete in the future, and there's no point in holding investments. If there's a sudden shift from altcoins of course we'll see the prices of bitcoin going up. A huge portion of the market has just become nothing and bitcoin dominance would be scarily high.

But it's similar to blinding yourself to be able to smell better (bit of a weird example, I know). You'd much rather the 2 thriving market sectors then just a singular one, and bitcoin dominance doesn't need to be insanely, insanely high like in my example.
718  Economy / Service Discussion / Re: BitPay Visa Alert. Cardholders having unauthorized purchases on: October 25, 2019, 04:12:17 AM
I'm confused, basically, people with the Bitpay card are reporting that the Bitpay card (not their regular bank one) have been used for random transactions that they did not authorize?

I don't think it's an issue with their card issuer (Visa), could be something a lot more interesting.

If they are made at specific retail stores, could it be a possible hack or exploit or something? A bunch of people using those cards to chargeback stores and also commit other fraud?

Thanks for the post - I think there's actually a lot to this story, not just their card issuer getting hit or something.
719  Bitcoin / Project Development / Re: peer-to-peer real estate rental platform, who is interested? on: October 25, 2019, 02:53:23 AM
There's a couple of these services out there already, but they only work with fiat. Although, I don't see a lot of platforms that are able to fully deal with renting, and most of them are just to connect the tenant to the landlord.

The one platform that is able to manage bookings is only used for short rental periods, like when you are on holiday (for example, Airbnb).

I'm assuming it'll be a platform where the user would deposit funds into a wallet for their booking, and then for the funds to be released 2 people need to sign off? Otherwise, the person who is paying can just say no and you'll be screwed.
720  Bitcoin / Bitcoin Discussion / Re: Pro-bitcoins Politicians on: October 25, 2019, 02:30:02 AM
Interesting thread mate, I read the article and it looks pretty interesting. There was an article some time ago which also showcases the Ukraine president who was a huge supporter of crypto-currencies as well.

It's great to have politicians support the Bitcoin adoption, but besides that what we really need are big companies to lead by example. If I were the CEO of a big company and would really care about Bitcoin I'd start by paying at least a percent of my employees salaries in BTC. Can you imagine what effect could that have on the market price? I've made some research and if Apple would pay 10% of its employees in Bitcoin that would result in 1.6 billion dollars poured into the BTC market cap per year. But what if they would pay 50%, or even 100% in BTC & other companies will follow their example. I think you can once more time see the potential of Bitcoin as a currency and store-of-value.

I don't know if this is legally allowed in the United States, but your comment certainly applies in Japan. Over there, large companies should start doing that, but those companies are too conservative even with a law backing it. Only the small, younger start ups and crypto related business enthusiasts have done it.

For most of the world, first they need to address the legality barrier, because the first thing the employer will say, is that its illegal to do so. If the State doesn't even acknowledge bitcoin formally, someone getting paid in that could claim they are not getting any payment at all and sue over slavery and whatnot.

So after you get the law and regulation in place, it comes the really hard part to convince the employers to do so. It means an extra complexity to their management, which they would hardly see any justification spending money to accommodate for that.
I don't think you can pay out BTC in someone's salary, unless they want to as well. But instead of bonuses paid in fiat, ones that are paid in bitcoin could possibly work since it's not breaking the contract.

There's been a bunch of start-ups (especially ones that work in crypto) that pay their entire staff in crypto, but since they mention it at the start, and the employees accept, it's fine for them to do so.
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