Just as expected. Some people didn't expect PayPal to perform well on their crypto sector because of the current lack of crypto deposits and withdrawals. This is just enough proof that people don't care about self-custody and self sovereignty, but mostly just the investment factor. There are better places than paypal to buy crypto but people still prefer to use paypal... Nobody cant be even sure that these btc are real
True. But it's pretty much the same with leaving funds on any other exchange. There's no way for us to know if they're solvent or not.
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Personally, while I do mix/coinjoin some of my coins, I don't send the mixed/coinjoined coins to exchanges due to the slight risks of account locks(though I almost barely used custodial exchanges anyway). Regardless though, don't just solely rely on mixing and coinjoins. Practice things like coin control[1] as well.
[1] https://bitcointalk.org/index.php?topic=144331
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Knowing that a lot of people go to Bitcointalk solely to earn money, I'm pretty sure there's going to be demand for almost any quick tasks. Just post it anyway, it's the only sure way to know if there's demand or not.
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The common misconception has always been Chinese mining pools = miners; as if miners couldn't switch to a different mining pool whenever they want to. That, and the fact that having a "takeover" over Bitcoin isn't just as simple as gaining 51% hashpower and suddenly they have total control over the network forever.
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Here's a not-so-easy solution: 1. Sell your XMR for BTC/USDT on exchanges like Binance 2. Withdraw the BTC/USDT from Binance to your preferred US exchange 3. Sell the BTC/USDT for USD or.. You can sell the XMR straight to USD on peer-to-peer exchanges like HodlHodl[1], LocalCryptos[2], and Bisq[3].
[1] https://hodlhodl.com/[2] https://localcryptos.com/[3] https://bisq.network/
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Richard doesnt like what people say about HEX here on bitcointalk so he decided to buy that support with money. Hhampuz just started Hex signature campaign and many others are joining the campaign. Some of them even said in this topic that Hex is ponzi, but when they saw payrate and who is managing it, they changed their mind. What is next, BSV signature campaign? I don't think "support" or changing people's mind is what the HEX people want to achieve here at all. I think they just want to potentially try to convince a small number of people that they could potentially convince to their scheme. That, or just for backlinks and clicks for their links.
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I really support if Bitcoin implements a blockchain system it has the ability to return the wrongly sent assets. this will provide a sense of security and comfort to every user and the government will soon support crypto.
It's sounds good and all until legitimate transactions(like when someone sent you a legitimate payment for a product/service) are being reversed. Not sure why people aren't realizing this.
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Airdrops are so 2017, to the point that I'd personally categorize it with faucets as they're pretty much a waste of time now.
So how do you earn bitcoin or crypto, it's pretty simple. What are you good at? Good at graphics design? Then offer a graphics design service online and demand bitcoin as payment. Same with every other skills like video editing, web design, etc.
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It says a lot in regards to the general direction of bitcoin and this forum that no active / dedicated anonymity and privacy discussion section really exists.
Yea weirdly enough. While I wished we had one, I don't think it's THAT bad though. Privacy is still a pretty frequent discussion scattered around the forum, but mostly on the Bitcoin Discussion and the Beginners & Help section. Not having a dedicated section for this just makes topics less organized, and that's pretty much it.
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No offense, but is crypto faucet still a thing in 2020?
They're obviously pretty much irrelevant now. Regardless, I think this should be a good short course for bitcoiners to learn how to create, run, and market basic WordPress websites. Which are skills that are really really valuable right now, and will be more valuable as things in general move digitally.
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Maybe the 'i' and '1' was a kinda dumb example. But how about a case where you make a lot of bitcoin transactions daily and you've copied many wallet addresses. And then you mistake the one you copied earlier for the one you just copied. Whether he's giving a good example or not, there's that situation where irreversible transaction becomes a disadvantage. Maybe you haven't experienced it yet.
Irreversible transactions aren't 100% an advantage anyway(just as with almost everything), my point is just that the advantages HEAVILY outweighs the disadvantages. As for me haven't experienced it, yes, I haven't. Because I double-check recipient addresses every time because I highly value my money. And obviously everyone should do the same.
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And with that comes this The word "crypto" makes me really cringe to be honest. Wished they stuck with bitcoin only but whatever, there's demand for other coins and they definitely wanted to make money off the demand. Damn man, I thought there would just be hurdles like KYC for Paypal x crypto, but not even getting the option to buy actual btc, or even deposit or withdraw? That's absolutely shitty.
Not going to defend PayPal here because screw PayPal, but to be fair, it's been the same with CashApp in the past whereas withdrawals and deposits came at a later date. And here we are with CashApp skyrocketing in user count. I expect the same with PayPal as they already have hundreds of millions of users ready to pounce in.
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Having irreversible transactions is actually one of the best features of bitcoin. If you actually try selling stuff online, transactions being reversed through credit cards and services like PayPal are definitely one of the things you should watch out for. With Bitcoin though? No problem. This is why bitcoin is pretty much one of the mostly used payment methods in gaming black markets.
Did you really say "best"? Have you ever made a ,mistake with someone's wallet address? Maybe when you mistake an 'i' for a '1'. In as much as the irreversible feature is good, it's bad in some cases. I obviously said "one of the best". There's a huge difference between the two. And who the heck makes a mistake between 'i' and '1'? Do you type in the wallet address when making a transaction and not use the obviously more accurate and quicker copy-paste function(though of course, double check the addresses, because clipboard hijacks and all)?
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I know that... and I feel like an idiot as I lost btc in Mtgox... I guess I keep repeating the same mistakes
..that's a big yikes. But yea, what's done is done. Expensive lesson #2 for you. Just make sure it actually doesn't happen again the 3rd time because if it would happen to you again I don't even know what to say lol.
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I believe OP is right. Although it's not "immediately concerning", it's still an attack vector against the network, because it's open to the possbility that KYC-pools could get more than 50% of the hashing power.
It's not like this specific mining pool is the only pool that has a theoretical chance of reaching 50%. Heck, this Blockseer thing is apparently just a new mining pool that's not even named on Coin.Dance as it's most likely a really really small minority pool, and I see it staying that way as it's quite safe to assume that miners wouldn't want to unnecessarily submit KYC.
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Actually, get your founds out of exchanges in general if you don't like submitting AML/KYC. It's pretty much inevitable for exchanges to be requiring these documents anyway, it's mostly just a matter of when. Slooowly but surely. Also, can't believe I have to say this in late 2020: NOT YOUR KEYS, NOT YOUR COINS. https://notyourkeys.org
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Coin base told me if I didn’t store the 12 words phrase there is no way i can login to my wallet.
I mean, Coinbase pretty much told you what would happen if you didn't have the backup. Sorry for your loss, and don't be careless next time especially knowing that we're talking about your hard-earned money here.
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