Asking a non-collateral loan does not result in ban. It results in a negative trust from DefaultTrust on the (would be) borrower's account specially if the asking party is a newbie with no prior positive trade history.

There are many people who have a good reputation here (example Darkstar_ , aTriz) and they are entitled to take non-collateral loans because defaulting it will end up in them losing their services and reputation here. So the borrower has a bigger security that the borrower is already trusted here.

Having a lot of altcoins listed is not always a good exchange. Take the example as our very close EtherDelta where every ether shittoken gets listed the moment its unlocked. The site had problems recently and users ended up putting their private keys in a impersonating site. Thus losing their tokens and their ethereum.

Decentralized exchanges are far from safe. I would prefer to do KYC and trade on a centralized exchange. However I hope that in future decentralized exchanges become more popular than now and more safer.

People like to speculate a lot. Maximum market movement comes from these speculators and though this does not influence the economy directly it does affect the market price a lot.


I have a hunch this year is going to be more of a stable one for the crypto. Market seems stable as of now and there is no pump going on. Lets see what new FUD that comes in or what new fork (if any).

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BTW anybody heard of an litecoin forking that happened?

Even big whales like Warren Buffet lose money on stocks and all often. Though they wont advertise those themselves because that would hurt their image a lot but losses does exist in every traders portfolio.

Its important to learn from these mistakes and not make them twice. Its also important to differentiate and contrast between two or more altcoins which one is going to be a long term hold and which one should be dumped soon.

If there is a demerit system then all I can see is that this forum will become the next battlegrounds between alt accounts and their competetions trying to merit and demrit each other - trying to get into this "Merit Wars".

It will only help "collusions" get the better of it and turn this place into a endless void for people who are "actually" trying to help the community by giving them demerits on every post. Even if this is abuse if its from alt accounts then it wont be detected so easily.

I again reiterate the same fact which I repeated in 2 posts before this in this same section known as "meta" - merit system has been created to merit the quality contributions to the forum and not for people who simply agree (or disagree for demerits) to each other.

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Quickscumbag is coming here in 3...2...1

A bull run can happen whenever you want. All you need is the proper exposure of the correct type of FUD and there you go - you can stimulate a bunch of shills with some new conspiracy shittheory and then allow the to propagate this idea among everyone they know and everyone they dont know. 

If you are into shilling then you should already know about how to do this in chatrooms and trollboxes.

I concur with this. I have a feel this run will continue till 15k USD and then see another correction where some people will sell but it will reach an all time high beyond 20k. Lets hope.

I will like to remind the OP that the "Merit" system is not akin to the Facebook/Twitter "Like" button or the Reddit "Upvote" system. Nor is it created to mimic the "upvote" reputation system on other forum for example Inivision Forums.

This is simply for elder/knowledgeable people of this forum to give merits to the younger members so that they can rank - for making constructive posts and adding to the discussion.

Also according to theymos - Merit should be given to high quality posts and not simply the posts which one agrees with.

Well if they dont have any experience of trading then let it be their learning curve and let them learn from their mistakes whatever they may be. Everyone is new to something when they tackle it the first time but they gradually learn the tips and tricks on how to trade and what type of trading is going to suit them.


I would not suggest youtube videos to learn. Because there are too many shitcoin promoters there getting money from their pumping crew.

Bitcoin does not "fight" out of FUD. It is the traders and the people who have invested money into crypto who are learning the true nature of crypto. The economy is stimulated by FUD spread by shills on every social media on the internet. Be it Youtube twitter or reddit. The last one is a breeding ground of shills and conspiracy theorists with no brains.

Still the people understand the potential of making money from crypto will hold their coins and sell later on.

Well if you got lucky and won some big amount you should defenitely keep that and not gamble any more. Because the more you gamble the more are the chances that you will end up with losses. Then the entire cycle will repeat and you will be at negative profit.

You are making this up arent you?


I believe in such cases its better to leave because I guess the casino was having a big loss?  Mostly when they run out of bankroll they might ask for a timeout just like in real life games.

There are hundred (read millions) of people who got scammed by bitconnect. Mostly newbies who were too naive and delusional that this "Lending, staking" platform was going to be huge. Even their account on bitcointalk was given negative trust. If they did not do even the the basic research on bitconnect then nobody can help them.

The interest was fake buzz created with the help of their "Referral program". Several youtubers and reddit shills used to spam the internet and every other social media with their bitconnect referral links and thus it became popular. They even did some campaigns here on bitcointalk IIRC.

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Such ponzi/MLM schemes are always there to scam people and one should be vigilant about where they are putting their money before going to money dreamland and denying the inevitable.

You are correct about this. However the point of selling varies according to individuals and is not always the correction point. Some people may be hodling for a long time and they simply sold at whatever profit point they arrive at and are happy with it because they are technically in profit.

To be safer its good to sell while the bull run is going. Dont go into thinking that it will go 100x times and holding because the drop will come very son before you know it. You can also try selling fractions of what you have so you always have something for holding/selling later on.

What potential exactly are you going to teach them? Is it about their usage or is it about how to "get rich quick with crypto". Most of the people are greedy and they go for the second option. Thats how they get scammed as well. Thus leads to a bad first impression about crypto to these newcomers and wannabe crypto enthusiasts who just became crypto-haters and will join the "crypto is a ponzi" bandwagon.

After all they are humans and they consider their earning with suspicion and doubt if they invest in any place which is a grey area. That can be improved gradually as people become aware of risks and benefits of crypto.

LOL. You make a thread only to ask for merits? You think this is a place for pajeets to come and beg for merits? Just like we have got beggars asking for satoshis in the lending section and also in primedice chatbox?

Get a life and get a job. More importantly get a GF and get laid.

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Good riddance.
on-topic : Merits are awarded for making constructive posts and not obtained by begging.

Half of the people in this forum are Asians trying to spam the forum while joining a signature campaign. They are happy with the few bucks they earn from signatures and thus they continue doing so. While these scumbags actually do get some "free cash" the forum become the trashcan toilet for their half-english shitposts and vomitted half-english nonsense in "Bitcoin Discussion". Thats why people are angry at them and this is the what they face. However this is not generalized we have many contributory people here but the alt account making spammers and ICO shill bumpers are pathetic.

Also lets not bring up the recent issue where you sent me a unwarranted negative trust for no reason as retaliation.

Whenever I come to the "lending" section I search for that special word which every lender wants to see from the borrower (if they are a legit borrower at all)

Its called  "Collateral" and defenitely the OP did not read the stickies about collateral before making this thread.

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Offer a valid collateral or close this thread - otherwise you will have to bear the red mark on your account from DT.

Maybe you have been putting too much time into this (you said 24-7) and thus your brain is not functioning correctly. Maybe you need to give it a rest and then come back to crypto with a fresh mind a few days later.

This can sometimes help newbies who are losing too much in trading. Also depending on what type of crypto you are trading you have to decide whether you are going to hodl it or you are going to day-trade it. For day trading I cant tell you anything because I am more of a Hodler. From what you say you seem to be a day-trader and I suggest you to try hodling for a change.

To become a hodler you should stockpile coins worth hodling everytime they drop and sell some at times to cut losses.

See if hodling works for you and let us know.

However do you know that why exchanges implement a KYC system? It is because money-laundering occurs in every financial sector and crypto is the one that has been used in a shady manner because of its (pseudo)-anonymous nature for many types of scams including credit/debit cards and fraudulent activity. Thus the KYC gives the exchange an idea of the trader and about the income of the person so that they can correlate the trades to be feasible or not.

Fees is another thing. However most popular exchanges have nominal fees unless of course you are dumping shittokens for few satoshis.

What type of good things are you expecting? You cant expect that miracles will happen because of blockchain and bitcoin and crypto and bla bla bla. Price is increasing is just a sign that people are buying bitcoin and nothing suggestive of any special thing at least that I am aware of.


The drop in price should not be associated with "recession". Technically they are different and thus not comparable. It was a drop thats all. There is nothing to be excited about price, it will rise and fall and the cycle will continue. You just need to know when to get into the market.

OP you should know that buying an account on bitcointalk has its own risks. Why do you people want to go the easy way out and want to buy the account?

If you are thinking of joining a signature campaign from the bought account then you should know that this forum is not for farming accounts to shitpost and it will get you a negative trust from DT when caught. Account buying and selling is allowed here but it gives the person a false "elderly" status and thus is considered to be untrustworthy. Hence this needs to be done in order to mark them.

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I have also left negative trust on your trust page because you deserve it, even if it does not matter. Its like stomping on the cockroach which has been bugging you.