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961  Other / Beginners & Help / Re: Where do you post for signature campaign? on: January 05, 2018, 06:16:29 AM
Good day Smiley I'm new to signature campaign and I just want to clarify a few things,
I know that you have to follow the rules and stuff, I've read about it.

But I'm quite confuse on where do you post during a signature campaign, do
the campaign manager create polls or topics and all your post are just limited to that section?
or you can post anywhere you want and you get paid by that? also, how do I know
if I got accepted to a signature campaign? 


This question should be moved to the Beginners & Help or Meta board, as it has nothing to do with discussion about Bitcoin.

You'll know if you are accepted into the campaign as the topic where you applied should have a reply by the campaign moderator that you were accepted. Additionally, most campaigns have a link to a spreadsheet that you can check to see if you were accepted and added.

You can post anywhere except for boards that the campaign manager specifies in the campaign topic as being invalid for payments. Technically, you can post anywhere you like for campaigns, but you won't be paid for posts made in the boards that are specified. For example, the campaign may state "You will not be paid for posts made in Gambling, Games & Rounds, Meta, and Micro Earnings". This just means that if you post in any of these boards, your post won't count towards your payment at the end of the week/month/payment period.

Thank you sir and sorry for posting it here, I thought it was on topic because it's still related to bitcoins.

No worries. If you want to make it right, go to the very bottom left of this post, and click on "Move Topic" and move it to the appropriate board. If you really want to make it right, click the "Lock Topic" link afterwards so you don't get anymore sig spammers posting in this thread that's already been answered  Wink
962  Other / Beginners & Help / Re: Where do you post for signature campaign? on: January 05, 2018, 05:44:32 AM
Good day Smiley I'm new to signature campaign and I just want to clarify a few things,
I know that you have to follow the rules and stuff, I've read about it.

But I'm quite confuse on where do you post during a signature campaign, do
the campaign manager create polls or topics and all your post are just limited to that section?
or you can post anywhere you want and you get paid by that? also, how do I know
if I got accepted to a signature campaign?  


This question should be moved to the Beginners & Help or Meta board, as it has nothing to do with discussion about Bitcoin.

You'll know if you are accepted into the campaign as the topic where you applied should have a reply by the campaign moderator that you were accepted. Additionally, most campaigns have a link to a spreadsheet that you can check to see if you were accepted and added.

You can post anywhere except for boards that the campaign manager specifies in the campaign topic as being invalid for payments. Technically, you can post anywhere you like for campaigns, but you won't be paid for posts made in the boards that are specified. For example, the campaign may state "You will not be paid for posts made in Gambling, Games & Rounds, Meta, and Micro Earnings". This just means that if you post in any of these boards, your post won't count towards your payment at the end of the week/month/payment period.
963  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs. Gold on: January 05, 2018, 05:34:14 AM
Why compare bitcoin and gold? Let's leave it as it is. Let there be also bitcoin and it will be valuable in the new world, so also let gold remain that is valuable in the new and old world)

Because people have to make decisions what % to invest in gold and what % to invest in bitcoin.

False. Actually, I guess this could be true... I used to trade gold and forex, but I do not any longer. So my decision between gold and bitcoin percentage? 0% investments in gold and 100% into Bitcoin.

But seriously, it doesn't state anywhere that you have to only use gold or bitcoin as a store of value. I think you're putting too much unnecessary focus on only choosing between bitcoin or gold. Why so serious?  Shocked
964  Economy / Exchanges / Re: Please help me, I need to buy bitcoin on: January 05, 2018, 05:28:05 AM
I am south korean, I would really love to buy bitcoin overseas with my debit card.

I tried major trading platforms and many many websites that provides bitcoin purchasing with fiat money, but bank wire or direct banking requires me to wait 3~5 business days.

I need to buy bitcoin "Instantly" so please tell me where I can buy them.

coinbase and some sites doesn't accept south korean, coinmama and almost all the rest of sites just keep my account pending over 2 monthes,

I just really need a site that would verify me soon or allows me to buy big amount.

Please help me, I will pay you with bitcoin if your answer helps me, I'm not hiring or dealing with you, I mean I just appreciate your help.

Thank you very much in advance.

Considering that you have a debit card, you probably have a bank account. If this is the case, and you are a South Korean national, you should be able to open and verify a PayPal account with your bank account. Once your account is verified and your bank account is linked, you can come back to the forums here and go to the Currency Exchange board (https://bitcointalk.org/index.php?board=53.0) and look for reputable sellers of Bitcoin. Make sure to check their Trust ratings... Most reputable sellers already have their own threads and hundreds of successful transactions.

The only problem could be that you're a Newbie rank, which a lot of people won't be willing to work with. However, if you indicate that you will send the amount first, and that you will send it as "Friends or Family" (which cannot be charged back at a later time), then chances are that some reputable sellers may be willing to send you the Bitcoin after the conversion from KRW to USD is finalized.

There may be a slight premium rate attached to the price of Bitcoin, but I'm sure it beats the highly-inflated prices of trying to purchase Bitcoin on an exchange that is allowed within South Korea.

Good luck, and feel free to let me know if you have any questions!

EDIT: I just noticed that you want to buy Bitcoin "instantly". Be careful with that verbiage, as some people could take this the wrong way, such as indication that you may be out to scam them. The method I described isn't instant; you'll still have to wait a business day or two to verify your account with PayPal. But I can assure you that you won't pay the premiums involved with South Korean exchanges by utilizing the above method, so you could end up saving a lot of money in unnecessary inflation.
965  Economy / Exchanges / Re: Is IDEX a safe exchange to use. They have an option that asks for private keys. on: January 04, 2018, 06:45:57 AM
Not really sure why they have that option. Its like giving the keys to the house to a stranger.



You just answered your own question.

You should be extremely weary and cautious of any service that asks you for private keys. That's like a member on the forums here asking you for your account password to verify that you're a real member...

Looking at IDEX, do you know what raises red flags immediately for me? The part where it says:

Quote
Learn how you get paid to trade on IDEX!

Yeah, I wouldn't touch that site with a 10-foot pole.
966  Economy / Exchanges / Re: Kraken host error / 520 error on: January 04, 2018, 06:34:42 AM
I tried to register a new account on Kraken last night, and I got the CloudFlare timeout error repeatedly, to the point where I could not complete my registration. I believe the exchange is overloaded at the moment, so the best advice would be to give it a few hours and try again at a later time. I wish I could give you more of my experiences with Kraken, but the attempted registration is the only one I have. Good luck mate.
967  Other / Beginners & Help / Re: When will number of Bitcoin transactions/second increase to 100? on: January 04, 2018, 06:26:15 AM
That's not as easy as it sounds, unfortunately. but if the Lightning Network proved useful to the network then we might see a significant increase in the capacity of bitcoin to handle more and more transactions/second on a global scale. LN aims to unclog the network by taking transactions off-chain, greatly alleviating the heady load on bitcoin's own network.

While LN sounds great in theory, it's unfortunate that it kind of goes against everything that makes Bitcoin (core) what it is today. LN adoption and integration would mean that Bitcoin transactions are no longer P2P.

With the current state of bitcoin and how it handles the load of transactions coming in and out of the network daily, compromises are needed to be done to accommodate all of these problems and to address these issues straight. One way or another, compromises would be made, so in my opinion, LN seems to do more good than harm in the long run.

I truly want to agree with you, but you and I both know that opening these payment gateways leave a risk of centralized manipulation in the hands of larger organizations. Essentially, the only organizations that can afford to run and operate these payment channels will be banks. My hope is that there will be trusted whales of the Bitcoin community that can network together to create this centralized, yet trusted, channel, but chances are that these channels will be left in the hands of greedy organizations looking out for their personal interests, rather than for the greater good of Bitcoin. Classic example? Look what's happened to the miner's fees and transaction fees to the existing chain. While I have huge hopes for LN and its off-chain 'verification', if you will, I think there will be a lot of Bitcoiners that will be weary about trusting these channels.
968  Bitcoin / Bitcoin Discussion / Re: Drafting Laws and ‘Hodling’: U.S. Congress Discusses Cryptocurrency Disclosure on: January 04, 2018, 06:21:15 AM
Over the past few months, U.S. regulators and appointed lawmakers have been researching and drafting regulatory guidelines for digital assets like bitcoin. Last year the Colorado Democrat Jared Polis and Arizona Republican David Schweikert initiated the Congressional Blockchain Caucus. The caucus was created to help bureaucrats develop regulatory policies towards cryptocurrencies and their blockchain networks. Both Schweikert and Polis established the Cryptocurrency Tax Fairness Act, while other U.S. lawmakers have been also drafting legislative rules for digital assets.

According to a recent report, cryptocurrency advocacy among elected politicians concerns members of the Sunlight Foundation, a government transparency think-tank, the Office of Government Ethics, and other transparency groups. 

“Whether a member of Congress has holdings of bitcoin is relevant to our understanding of where someone’s interests might lie,” Alex Howard the Sunlight Foundation’s deputy director explains in an interview.

Way off-topic, but you're plagiarizing articles without linking the source. You've done this with every post you've made since joining the forums. The mods frown upon that here in the forums, so for future reference, you should really link the source of your article. Otherwise, it appears like you're trying to pass it off as your own.

For reference, the article that OP has plagiarized can be found here: https://news.bitcoin.com/drafting-laws-and-hodling-u-s-congress-discusses-cryptocurrency-disclosure/

There's much more than what OP has posted, so go get the full context by clicking on the link.
969  Bitcoin / Bitcoin Discussion / Re: Bitcoin to paypal ?? on: January 04, 2018, 06:16:26 AM
My favorite method of converting to Bitcoin to PayPal is by using LocalBitcoins.com (LBC). https://localbitcoins.com

Create an account there and verify it using your phone number. Once verified, you can send Bitcoin to your wallet within LBC. Earlier this year, they implemented a deposit fee, so you'll be paying a little premium for each deposit that you make into LBC. But don't worry, there's good news. You can find many buyers that offer a premium rate (usually 1%-5% over the going rate of Bitcoin) that will pay you more than what the BTC is worth.

Be patient, and only sell your Bitcoin to users that have a high volume of trades, as well as excellent reputation. There is a risk, as most sellers will only send the payment marked as for Goods or Services, which means that there is a risk of being able to be charged back at a later time. That's why it's important to find buyers who have excellent history and reputation. After doing this several times, you can "trust" a LBC buyer, and I'd recommend only dealing with buyers that you trust and have done trades with before.
you
I've had nothing but positive experiences with selling BTC for PayPal on LBC.

Another method? Go to the "Currency Exchange" board on these forums (https://bitcointalk.org/index.php?board=53.0), and look for reputable buyers that will pay you PayPal for your bitcoin. You will more than likely have to send the BTC first, as a newbie, but if this is something you plan on doing regularly, you can establish some positive trust here by being a bitcoin seller that's easy to work with.

And lastly, be weary of websites that offer PayPal for your Bitcoin. The majority of them are scams, and the ones that are not charge exorbitant fees to do the trade.
970  Other / Meta / Re: Newbie Forum on: January 04, 2018, 06:06:26 AM
The majority of new posts in Bitcoin Discussion are from newbies in the cryptocurrency world. Newbies are great, but it gets more and more difficult to find here some interesting discussions for people who have been here for few years.

Would it make sense to create a subsection in Bitcoin Discussion for basic questions and answers?
Already exists.

Is this an alt account of yours? It's kind of like the pot calling the kettle black...

But to answer your question, I started blacklisting members here who are obviously just sig spammers, and newbies who don't contribute to any form of conversation. I feel like a lot of newbies are just spam-posting to get to the required member level that allows them to join a sig campaign.

But bookmark this page: https://bitcointalk.org/index.php?action=profile;sa=ignprefs

That's the "Ignore Settings" page where you can add usernames of members who you no longer wish to see posts from. The method that I use? When I see a member (of any level) posting in a thread, and doesn't contribute any substance to the topic, or gives the same repetitive answer as many others, I check their profile and see the last posts of that user. If they're an obvious sig spammer, I add them to my ignore list. Yes, it takes time, but you'd be surprised at how much the quality of these forums go up after just a week of doing this.

You can also use the "Watchlist" feature by clicking on the "watch" link in the upper right of the original post for any posts that interest you. You can then click on the "Watchlist" link (or simply bookmark this page: https://bitcointalk.org/index.php?action=watchlist) to see the topics you'd like to follow. Once you feel that the topic has been covered to your liking, and you don't have anything else to learn from the topic, click on the "unwatch" link in the upper right.

Stick around, and you'll find little ways to make this a decent experience.
971  Bitcoin / Bitcoin Discussion / Re: Tax on Trading Altcoins with Bitcoins? on: January 04, 2018, 03:06:00 AM
Paying taxes depends on which country you are purchasing Bitcoin in. In the United States, Bitcoin is considered a property, so you're legally obligated to report your bitcoin as a property investment, and pay capital gains taxes on it if the value appreciates.

If you're talking about an exchange tax, most exchanges take a small (usually very small) percentage of the overall value of the transaction when making an exchange.

If you're asking about general taxes, it might help to know which country you're from before you'll find the answer you're looking for.
972  Economy / Scam Accusations / Re: Coinbase has taken my money. on: January 04, 2018, 12:28:44 AM

That's useful information.   I will check with my bank.   

Are there are any exchanges out there that can really be trusted?



Short answer, no.

However, you may want to check out localbitcoins.com. It's essentially a service that keeps reputation ratings of Bitcoin buyers/sellers, and you can find someone to sell you Bitcoin for most any kind of payments, including physical transactions. Make sure to look for sellers who have a high amount of trade volume and reputation, and make sure that they don't have many gaps in their trading history. Most sellers will charge a premium, but lbc is currently my preferred method of buying bitcoins.
973  Other / Beginners & Help / Re: When will number of Bitcoin transactions/second increase to 100? on: January 04, 2018, 12:02:57 AM
Dear Bitcoin experts,

I am a Bitcoin newbie,  by when will Bitcoin transactions/second increase to 100?

That will be the case once Lightning Network is deployed. No official release date yet, however some time during 2018 appears to be within reach.

Project website:
http://lightning.network/

An article giving a simple overview of how LN will work:
https://cointelegraph.com/explained/lightning-network-explained

An article series explaining how LN will work in detail:
https://bitcoinmagazine.com/articles/understanding-the-lightning-network-part-building-a-bidirectional-payment-channel-1464710791/

Thank you.

Make sure to do your own research about LN. There is no option for decentralization for LN, and it's a second layer that relies that you put your trust in payment channels that have to "vouch" for your bitcoin payments offchain until they can be verified. While LN sounds great in theory, it's unfortunate that it kind of goes against everything that makes Bitcoin (core) what it is today. LN adoption and integration would mean that Bitcoin transactions are no longer P2P.
974  Bitcoin / Bitcoin Discussion / Re: Did NSA Create BTC to destroy Russia & Chinese ( Asian Economy?? ) ZH thinks so on: January 03, 2018, 11:54:25 PM

Aren't your thoughts a bit too radical? CHINA and RUSSIA consider Bitcoin and Crpyot overall as beeing a tehnology which can potentially help they nation develope and improve their people lives.

Okay, now this is just shilling at its finest. I hardly think that any Chinese mining company is actually concerned about developing their nation or improving their peoples' lives more so than just thinking about how much money they're going to pocket by taking advantage of cheap land and electricity costs...
975  Economy / Digital goods / Re: [AUTOBUY] Crypto Kitties, limmited offers BTC, up to %60 sales. on: January 03, 2018, 11:52:09 PM
Well shit, is this like where sellers on eBay would post up a picture of an iPhone, and then cleverly hide in the description that people are bidding on pictures of the phone, and not the actual phone itself? Are you "AUTOSELLING" images of CryptoKitties? Or are you selling the CryptoKitties on the site themselves?

I just got into CryptoKitties, and would like to see if there is a reputable 3rd party market for them, such as on the forums.

Sounds fishy, to be honest, but... SUBSCRIBE. Let's see how this plays out.
976  Bitcoin / Bitcoin Discussion / Re: The Identity of Satoshi Nakamoto on: January 03, 2018, 11:47:25 PM
Wow.

Interesting theory, but hard to take serious without any hard proof, such as the records of the "real" Satoshi Nakamoto who lived a couple of houses down from Hal Kinney...

I'm curious to hear from any original members of this forum to get their opinions on the interactions of satoshi nakamoto and hal in the early days of this forum's life. Are any still around? Maybe they can shed some light on how the interactions were way back when.

And can you reference any of the posts made by satoshi's account during the U.S. timezone hours? In fact, just any of the interesting posts made by satoshi's account? I'm curious to learn some documented history of Bitcoin's origins.
977  Bitcoin / Bitcoin Discussion / Re: Did NSA Create BTC to destroy Russia & Chinese ( Asian Economy?? ) ZH thinks so on: January 03, 2018, 11:39:27 PM
Illuminate confirmed.

I can imagine OP sitting in a foil hat in a dark room where the walls are lined with aluminum foil, furiously typing away on conspiratard forums, boasting about how he insulted us cryptonuts on these forums.

The best part? Some of his other theories:

Z-Coins are Israel backdoor
But all cryptos to date suck dick, as they're not anonymous; even monero is faux anonymous, and all z-coins are Israel backdoor

Apparently, USA is owned by Israel. Oh, and Israel killed JFK. Oh, and Coinbase is owned by the IRS.
The USA is owned by ISRAEL, since they killed JFK in 1963, the USA is citizen is a tax-cow to be taxed, and grazed.

Nobody gave Israel the right, they have the right cuz GOY are cattle to raped, robbed, and sheered, BEEN this way forever.

They created FATCA, effective since 2009, all off-shore accounts including BTC exchanges must be reported yearly, failure to report means that U owe IRS up to 300% of account balance, which means they seize all your wealth in USA, and upon return to USA they put u in prison.

If you live in USA, and they catch you ( because you have something mailed to your house from abroad ), then they can take everything you own, for failure to report the offshore accounts

**

COINBASE is owned by IRS-USA, if you live in USA, u may as well just play the game by their rules, otherwise they will castrate u, and you will be caught, IRS has more agents working abroad looking for these accounts, than they have agents on USA soil, even china&russia has IRS field offices all over the country looking for USA citizens under the radar,

And the US Dollar collapse is coming!
Everybody knows the reset is coming ( US DOLLAR  COLLAPSE ), and nobody knows where it will be safe to live in future ( post war ), so now safest bet is crypto, so when you flee your country, you don't have to carry 100LBS of gOLD

But the NSA created Bitcoin, and when the CIA found out about, they gave it to the CIA...

Once BTC caught the eye of CIA, NSA was done, they knew CIA ( idiots ) would take over BTC raise it as their own.


There is so much gold in this user's post history... The characters we find on the forums here Roll Eyes
978  Economy / Currency exchange / Re: [WTT] [H]BTC [W]XRP (1:1 Preev.com to CoinGecko) on: January 03, 2018, 10:33:47 PM
I'm looking to buy 20 Ripple so I can activate my Ripple account. Is anyone willing to sell me 20 XRP at CoinGecko rates for the equivalent value for preev.com rates for BTC? I'm willing to send first if you have positive default trust or can reference a couple of successful exchanges on the forums.

Let me know if this is something you can do. Thanks!

How BTC will you give for 20 XRP?

Whatever the current rate of BTC for the value of 20 XRP, using Preev.com for BTC price, and CoinGecko.com for XRP price.

At the time of this post, Preev price for BTC is $15,070 and CoinGecko price for XRP is $3.21. I will pay 0.004268BTC ($64.20) for 20 Ripple.
979  Bitcoin / Bitcoin Discussion / Re: The point is: if you think Bitcoin will be the next global currency... on: January 03, 2018, 08:54:55 AM
...why are you all dumping it for fiat currency buying Lambos and Nintendo Switch?

BITCOIN is a parking-lot for rich ppl, its a place to park your wealth until the smoke clears,

Everybody knows the reset is coming ( US DOLLAR  COLLAPSE ), and nobody knows where it will be safe to live in future ( post war ), so now safest bet is crypto, so when you flee your country, you don't have to carry 100LBS of gOLD

...

BITCOIN even in CHINA is called the "currency of the gods", it was never intended to be used as pocket change to enter a toilet in china or india, BTC is a safe haven for the rich, and that's the way the elite will keep it!

The world's poor, is best kept poor, and the elite want nothing more

Dude, shut up with that fud.

First of all, a few of my friends didn't even realize they were bitcoin whales until recently. One of them was introduced to bitcoin in 2011, and he made some faucet claims back then to a wallet that he forgot about until he was clearing out his old computer and happened to find his wallet backup. He had over 50 BTC sitting in his wallet just waiting for him. The dude wasn't rich by any means. Another bought a couple hundred dollars worth of Bitcoin for online gaming, used like $20 of it (at the time, they were probably worth a buck a piece), and left the rest on a USB drive that he happened to find while clearing out his office desk when he quit his job. Instant millionaire, but before that, he was just a programmer that was making an average salary working a 9-5. Definitely not elite, or "rich".

Secondly, do you understand the implications of what will happen to the global economy if the US Dollar crashes? EVERYTHING is traded internationally based on the US Dollar. As messed up as the US economy is, for the dollar to crash is something that many countries and governments and corporations won't allow.

And how do you know that BTC was never intended to be used for pocket change? It was designed as a P2P currency without any limitations on minimum or maximum amounts.

Stop spreading fud, please, and stop saying shit like you know what you're talking about. Roll Eyes
980  Economy / Trading Discussion / Re: Turning Bitcoin into ££££ on: January 03, 2018, 08:44:06 AM
Be careful when using lbc. A few weeks ago, a friend of mine carelessly sold some bitcoin to a high-reputation buyer with hundreds of transactions. Turned out that the buyer had purchased the account. My friend ended up only losing a couple hundred bucks, but it could have been much worse for her. Just make sure that there aren't huge gaps in the buyer's history. I've done over two dozen trades on localbitoins myself, ranging from $50 to $500+ in transaction sizes, and haven't had any problems myself. But better safe than sorry!

Do you know what payment method the buyer used? I'm not 100% certain of this but I don't think a UK national bank transfer can be reversed unless it turns out the buyer has had there bank account hacked. That's very unlikely as they usually have very strong security (mine has a physical 2fa device). I have seen localbitcoins accounts listed for sale but usually US ones and never a UK one.


Ah, sorry, I forgot to include the payment method. It was with PayPal. The buyer apparently used a PayPal account with a credit card that didn't belong to him/her. My friend's account ended up getting locked while it was investigated. The lock was released within 2 days, but the payment that was made by the buyer was removed from her account. I'm not sure of the overall outcome of the situation; whether she filed a report to lbc or not. I can check with her the next time I speak with her, but that's the gist of what happened based on her fb post regarding the matter.
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