Bitcoin Forum
May 26, 2024, 06:45:11 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 219 »
1  Bitcoin / Electrum / Re: Why trust electrum? on: November 25, 2023, 04:02:40 PM
Speaking of the clipboard, this would only take effect if you've copied the information to proceed a transaction, correct? So if you make a mistake, you'd already know that it's compromised, and it won't affect other wallets because you'll be more careful next time. You might even end up reprogramming your computer to eliminate that malware. What I'm saying is, you will lose the balance of one of your wallets but the others will be safe.
This is correct except that the clipboard hijacker malware doesn't affect the wallet itself so it can't steal all your coins. What it does is just changing the address you are sending to with the address of the attacker. You will lose only the coins you are intending to send not all the coins on the wallet.
The safest thing to do is to always double or even triple check the transaction details before clicking the send button.
The more intelligent malware now even try to hijack the clipboard with an address much closer to the address of the original receiver. Mostly first & last 2 letters are same which is all most people look at. So better idea is to check the whole address before sending out the transaction instead of just checking first few digits. I even saw certain mobile wallets show just a few letters of the receiver address on the confirmation page, I had to go back in the mobile app just to confirm the whole address. But yes only the coins being sent out are under risk.

But I had another question. If I can do another transaction with full amount of my wallet (including the balance I just transferred) before the first hijacked transaction is confirmed. Will I be able to do the transaction, let's say if I put a fees to make it possible in the immediately next block?
2  Economy / Trading Discussion / Re: Can we avoid tax on crypto trading in india on: November 25, 2023, 03:46:30 PM
Generally, the notion is taxation is on the selling and buying of cryptocurrency but mostly it's deducted only when transacted in INR or an Indian exchange where INR is withdrawable. You can avoid tax on crypto trading only if you are willing to do all your trading either on any offshore trading platform like Binance or something where TDS laws aren't applicable as of now, honestly not sure, they might even come in the future for Indians specifically. Another safer yet more complex option will be to use DEX instead of CEX. You won't have to do any KYC on these exchanges and honestly, your money isn't that easily traceable either. But no matter what you do if you want to redeem the money in INR you will always have to pay a tax on that. No choice at all.

PS: Obviously legally it's not allowed to do so & not a wise thing to do as well, so please DYOR.
3  Economy / Services / Re: [OPEN] Rollbit.com |Duel Arena Signature Campaign| Full Members+ Earn up to $80 on: November 25, 2023, 04:34:41 AM
Profile link: https://bitcointalk.org/index.php?action=profile;u=137767
Current post Count: 4379
Bech 32 BTC Address: bc1qzz0vflmhrh6qka9023x5xw259czwz9amyzggu7
Merit EARNER in last 120 days: 17
4  Local / India / Re: ICC World Cup 2023 - India discussion on: October 20, 2023, 06:05:01 AM
So Hardik Pandya is mostly injured for the next match and won't be in. What do you guys think? Will it be 5 bowlers in form of Shardul Ashwin, Kuldeep, Bumrah and Siraj or do you think it's better to put in SKY in place of Pandya and Ashwin in place of Shardul? Because I think it's better to have an extra batter with you haven't seen that trusted batting from Shardul so far. Case would have been different if we had Axar in team.
5  Local / India / Indian of Forum Active People Directory on: October 06, 2023, 03:33:23 AM
Hi India, We all know that Indian community has lagged far behind on this forum, even behind than countries which don't have their local boards, but let's try to accumulate ourselves again and try to grow together. Let's first start with making the list of the members with us. Please post below the post if you are Indian I'll add your name to the directory here, let's try to gather more and more Indians on the forum together and help each other grow.

Legendary  
Webtricks


Hero

Teosanru



Senior


 

Member



Junior Member
6  Economy / Gambling discussion / Re: ICC WORLD CUP 2023 ACTUAL DISCUSSION THREAD! on: October 06, 2023, 03:23:41 AM
The seating arrangement is more than 130k which is why the stadium seems empty. I am watching the match on Hotstar and I can see 44L showing up now. People are crazy about T20 cricket only a few like you and I are the ones who watch ODI. Watching the way England spinners are getting whacked for 4 and 6, I do not agree with your analysis. It is all about captaincy and discipline when it comes to bowling. Might as well say, what a fantastic debut by Ravindra.
Yeah, that's why i said "Obvious reasons". Also, i heard that for this particular opening match. BCCI gave 20k free tickets to women and kids and still, it's not even half full. Tells you a lot about the current situation of cricket. It's an ICC tournament so every board has the responsibility to create hype in their respective countries so that fans can travel and support their teams. We can obviously make a list of why the opening match looking dull.

True, it does look like it. Surely smooth sailing for Kiwis against English spinners.
This was one of the worst start of this world cup because I have feeling mostly understand there is no India involved in this match so having this here is no good deal because even we have 30K fans but still this was looking empty which create big negative impact on this mega event around the globe.

BCCI and ICC needs to understand ground realities and having a match like this in a small ground could also work for them, and surely we have good atmosphere, but they have done poor things which are surely going to have negative impact.

Now tomorrow we are going to have same situation again while Pakistan will play against the Netherlands which is going to be another dull encounter between these two sides even now I have feeling mostly matches without India surely going to have same problem.

I just saw the statistics and the last time before this world cup when the host nation did not play the first match of the ODI world cup was in the 1996 ODI World cup and coincidentally that happened in the Indian sub-continent as well. After that all the world cups have their first matches with the host nations:

1999, England : Eng vs SL
2003, SA : SA vs WI
2007, WI : WI vs Pakistan
2011, Ban : Ind vs Ban
2015, Aus-NZ : NZ vs SL
2019, Eng : Eng vs SA
7  Local / India / Re: India is creating a Global database of Crypto Exchanges. on: October 06, 2023, 03:17:16 AM
I recently came across this news on Economic times. All global CEX have been or are being requested to share their user database to the government of India. Every major CEX has made it mandatory for its users to pass KYC, it will be easy for them to collate the data and share it with India. India took this responsibility as it had the Presidency of the G20 summit 2023.

The problem that India will face is that these exchanges are based in countries that are tax heaven, those exchanges cannot be forced to share the data. India has time till March 2024 to come up with the database before the next G20 summit in 2024. Once the database is created it will be shared with the G21 group to fight against crime commited using cryptocurrency.

What do you think will be the impact of this database to the Indian community that are using International centralized exchanges?

Thanks.
Internationally things don't work this easily. It's more like a quid pro quo system that works when it comes to international data sharing. So if they want to gather data from international exchanges they obviously need to offer their data to these countries government as well. You cannot enforce this on them, also the threats of banning them might not also work because India isn't a very big market for them anyway.

Secondly, I am very sure this isn't to solve the crime committed using cryptos. NO ONE commits a crime using crypto and sweeps the money to a CEX. This is more to find about tax evasions and ensure tax compliance of 30% tax which the government has kept.

But as you said getting it from Tax haven exchanges would be like an impossible task for sure.
8  Economy / Services / Re: [OPEN] [banned mixer] Bitcoin Mixer Review#1| 6mBTC+Lifetime 50% OFF | Bonus 10mBTC on: September 25, 2023, 08:29:41 PM
Bitcointalk Rank: Hero Member
Lifetime earned merit: 353
Bech32 address: bc1qzz0vflmhrh6qka9023x5xw259czwz9amyzggu7
9  Economy / Trading Discussion / Re: Funding rate for make profit on: September 24, 2023, 05:16:45 PM
Two days ago, I opened a position with a very risky volatile coin at some minutes to its funding rate fee, the coin was having -1.98% funding rate fee. You can see how risky that is which I can not call trading but gambling.

After I opened a long position, luckily I was able to have unrealized PnL of $67, but it was just some seconds remaining to another 8 hours funding rate time to start counting down. I waited and all that I noticed in less than a second after the next eight hours began was that the $67 profit that was seen suddenly droped to $4.

I was paid the funding fee which made me to make almost $60 in total. I mean the profit from trading is around $3 if trading fee has been deducted while the remain profit was from funding fee.

I noticed that traders are using the funding fee to manipulate the market, although we can not call it manipulation too because they want to make profit, but they can also lose. That is trading. If you are trading these less volatile coins with high funding fee, you will noticed what that I am talking about.

Are you using funding fee to make money from the derivative market? If so, what is the most possible way have you used it to make money successfully or it is not actually working?
On centralized manipulated exchanges I would stay miles away from using Funding fees to actually make any profit. It's because exchanges could easily change the direction of the fees based on their arbitrary decisions to get more profits. Also if you want to make profits in this way you have to study the market on a macro level. You have to continuously keep looking at the order book, the sentiment of the market, the types of trade which have been recently hit in the past trades. From what all this sounds like this definitely isn't worth the pain that it would give you.
10  Local / India / Re: India plans to develop darknet monitoring tool on: September 24, 2023, 05:12:54 PM
recently saw a news that india is planning to make tool for monitoring darknet for crypto related fraud. crypto related scams are increasing in India so MHA has planed to act against it.

Any source would be very well appreciated for such things in the OP itself, nevertheless I also read it on same in an article on Investing.com - https://www.investing.com/news/cryptocurrency-news/india-to-develop-dark-net-monitoring-tool-to-combat-crypto-fraud-report-3180499 . But more than Crypto related scams it looks as if this is more for all types of shady activities that go around but the payment method is cryptos. Also the payment mechanism could actually be useful in creating the whole link of the transaction and finding the person as well. So I think it'll actually be a great tool if we an build one.
11  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: September 24, 2023, 05:09:45 PM
Team India performed well as Vishal put up a huge score which was very difficult for Australia to match. India's batting team managed to collect 399 runs after defending the wicket very carefully. But the Australian team came to the field after the rain, they lost three wickets and scored 96 runs for 13.2 with only a few runs, so at present the Australian team is under a lot of pressure on the wicket. It will be very difficult for the Australian team to collect these runs today and I can say that Australia will lose today. Because the wickets are lost in the power play and the wickets cannot score runs under pressure because the bowling line of the Indian team is very strong. Warner basically scored few runs and other batting did not perform well.
After a 5-wicket win in the first match of the three-match ODI, India are going for a big win against Australia in the second match. The target for Australia in the second match was 400 runs, 400 runs in 50 overs is very difficult. It is natural that Australia's game will be a bit chaotic where the target is 400 runs. From the beginning they were under pressure to score 400 runs, that's why the Australian batsmen batted under a lot of pressure from the start, as a result of which they lost eight wickets, failing to score 150 runs. Australia need 161 more runs to win this match and India need just two more wickets. Very soon we may see India announced as the winning team of this match.
Today's match was a really big joke, to be honest, with such short boundaries 400 was obviously a very normal total for any good batting side to make but yes Ashwin still made it look as if it's a great turning track. I still almost always think that in pressure situations he can prove to be a better spinner the Kuldeep but I think it's the unorthodox action and being a leg spinner that has always helped Kuldeep. Also now because we have two spin all rounders in form of Jadeja and Axar, Ashwin has really been pulled down in that list of eligible players for the squad of WC.
12  Economy / Economics / Re: 0-Dated Options Trading vs. Gambling: Which Packs More Thrill? on: September 23, 2023, 06:05:57 PM
Hello, Bitcointalk community!

Having spent over 20 years on the trading floors of major banks, I've come across various financial instruments and strategies. One intriguing area that often pops up in debates is 0-dated options trading vs. traditional gambling. So, which is more fun? Let's dive in.

0-Dated Options Trading:
These are options that expire on the same day they're traded. It's an adrenaline-pumping ride, no doubt. Every tick of the underlying asset can drastically impact your position. The stakes are high, and so are the potential rewards. Imagine the exhilaration of capitalizing on market movements within mere hours!

Gambling:
Whether it's spinning the roulette wheel, laying down a poker hand, or betting on a horse race, the rush from gambling is undeniable. It's a game of chance, intuition, and sometimes, strategy. The unpredictability and immediate feedback loop can be a thrill.

The Verdict:
Both 0-dated options trading and gambling offer unique forms of entertainment. While trading offers a blend of strategy, research, and market intuition, gambling thrives on sheer chance and luck.

However, a crucial distinction to remember is that trading, when done right, is based on informed decisions, backed by market analysis and data. Gambling, on the other hand, is primarily about the thrill of the unknown.

For some, the analytical challenge of trading might be more satisfying, while for others, the raw unpredictability of gambling might be more appealing. It's like comparing chess to rolling dice; both are fun in their own ways!


What are your thoughts? Do you find the strategic challenge of options trading more thrilling, or the unpredictability of gambling? Share your experiences below!
Honestly both are very same in this case. If you are doing trading without any analysis at the back then it's more or less just like gambling. Coming to which could bring more thrill. I think trading would bring more because the outcomes are more, in gambling comparetively the outcomes are less instead.
13  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: September 23, 2023, 05:59:58 PM
If Tamim Iqbal and Mahmudullah Riyad were not present in today's match, I don't know how shamefully Bangladesh would have been defeated. I have nothing to say about this match of Bangladesh against New Zealand.
Bangladesh cricket team performances keep going down the drain over time. They were unlucky in the last match actually thanks to rain interference since it looked like they would win that match.

Am not expecting them to go far in the World Cup thanks to their horrendous form these days.
Bangladesh's top order batsmen failed miserably with only Tamim Iqbal scoring 44 and Mahmudullah Riyad scoring 49. However, New Zealand could not bat properly due to rain and were bowled out for 254 runs before playing a full over in their innings. There was a golden opportunity for Bangladesh but due to poor performance Bangladesh were bowled out for just 168 runs. New Zealand's reference spinner Ish Sodhi picked up 6 wickets and destroyed Bangladesh's batting line-up to be bowled out for just 168 runs.

This was just a sorry looking card for Bangladesh. And I am actually not going to call this a big target. Because this was definitely achievable. The problem is Bangladesh batsmen got out playing some dumb strokes.

Liton Das got out in a way that is really dumb. As the captain of Bangladesh cricket team, he should have known better.

At the same time I can name a few that actually got out in a pretty bad way.

Just look at the wicket of Mahmudullah, the ball was really bad. That should have been at least a boundary.
Also, look at the ball in which Tanzid got out, he played a bad shot.
And I am not even going to talk about Soumya. I don't know how he is even getting chances. he can only play well against weaker opponents, just like Sabbir Rahman.
And at the same time, Tami Iqbal also got out in a very bad way. It's absolutely the fault of Bangladesh that they lost this match.
Don't you think Asia Cup was really enough to tell you that Bangladesh team isn't really a team which can compete with the major teams. In the last 3 world cups I was always hopeful that Bangladesh has the capability of reaching the Semis but honestly Cannot say this in this very world cup. Even Afghanistan this time doesn't really looks like a team which could give a big competition to anyone, the only bet they have is that India has turning tracks which can really help them.
14  Economy / Economics / Re: Early Retirement [Pros and Cons] on: September 23, 2023, 05:53:58 PM
I read a very interesting article that actually happened very realistically.

Quote
retiring early is the new American dream. Imagine working for 15-20 years (instead of 40 years), investing half your income and retiring in your 30s or 40s. But a few early retirees have found out that it’s not as amazing as they thought it would be. We chatted with a few people who retired early — and then realized retirement wasn’t for them and started working again.

- I Wanted To Continue Providing Value
While retiring conjures up images of spending all day on the beach, many early retirees don’t feel satisfied doing nothing.

- I Wanted a Challenge
Retirement removes the challenges that work presents, which can be a good thing, but may also lead to boredom and a lack of purpose. Early retirees who have gone back to work respect the challenge of working for a business.

- I Wanted More Financial Security
Retiring early takes long-term discipline and a large enough nest egg to support your needs for the rest of your life. Sometimes early retirees simply didn’t have as much as they thought they needed or wanted more money to feel secure.

- I Didn’t Want To Retire, I Just Needed a Vacation
When you’re stuck in the daily grind, you might feel like the only escape is retiring from work forever. But in some cases, you are simply working too hard and need a long vacation.

- I Have a Passion for Entrepreneurship
Once you are retired, you have more time to pursue your passions. For some, those passions include entrepreneurship and running a business.
Read More: https://www.msn.com/en-xl/money/other/i-retired-early-and-regretted-it-why-i-went-back-to-work-to-continue-building-wealth/ar-AA1fBYHz?ocid=hpmsn&cvid=f2c759f9480f49fea02aa0d8288cc290&ei=16

this story is the same as what my cousin experienced, he retired early (at the age of around 35 years) now he is around 45 years old but there is an illness he is suffering from and he has to get proper treatment which quite expensive, so he sold some of his valuables and also withdrew his investment in shares.

as long as you can still make money, don't even think about retiring early, I know early retirement is everyone's dream but who knows what will happen next, you have to maintain your grades and productivity so that you stay healthy and respected by people.

I really don't have a problem with early retirement but what I have realised about career is it's something that helps you get a motive in your life. Which means after retirement your life would be very motive less. Unless you are someone who can actually create a motive out of anything then It's different otherwise it's not really a wise decision to retire early, instead work for your passion instead of just money which is a better choice.
15  Economy / Trading Discussion / Re: Let's share some tips among ourselves. on: September 23, 2023, 05:51:58 PM
What criteria do you use when buying and selling? Let's share some tips and expertise.


For me, the three most significant factors are as follows:
1. Bitcoin halving.
2. A decrease in currency value due to economic downturns.
3. Sustained participation and growth of investors.


Therefore, I make a continuous effort to stay updated with all the news to track numbers 2 and 3 consistently.
I just use my system of indicators and price action, I think these are pretty much enough to actually do a profitable trade. All the factors that you are mentioned are fundamental and these don't have a time limit along with them. Because they don't have the time factor there's a big chance you can get stuck with your money which is something no one really wants.
16  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: September 22, 2023, 07:55:50 PM
India vs Australia match was very well played and Australia played well but their run rate was slightly lower than India due to which Australia lost the match by few runs. Ruturaj Gaikwad and Shubman Gill deserve most of the credit for India's victory. Because both of them are collecting very good runs due to which India is much ahead of Australia in terms of run rate and win the match. India won the match by 5 wickets Against Australia which is a good achievement for India
Indian team done a supervb job , I taught they will face difficulty against Australia but thier bowler especially Shami smashed solid Australian batting line-up on such pitch where bowler didn't get any kind of help and make things easy for his team, during target chase shubman and Gaikwad played a phenomenal starting partnership which really set momentum for his upcoming rest of the batters, they had scored 140+ opening partnership which later Carrey on by in-form batter Rahul and SKY, at start of the indian innings I taught they will won by opening but unexpected dismissal broke the momentum but later they control the situation, Such victory make indian team number 1 in ICC ODI ranking, now India become dominator in all three format which is itself a big achievement.
Indeed a good performance by India despite them playing without their best 3. Best part of today's match was SKY played a good 50 to win the match, probably this is the very first good innings that he has played in ODI which led India to this win. I am sure if Iyer and Kishan aren't able to perform then SKY too can be a great option in the squad, on number 5 he can play the role of a good finisher with his aggression, especially on Indian tracks in the world Cup. To be honest I don't see winning this time's world cup a big challenge for India and I'll be surprisingly shocked if they actually lose this one, because almost everything is working in their favour right now.
17  Local / India / Re: ZebPay Teams Up with Brave to Offer Rewards Program to Users in India on: September 22, 2023, 07:49:35 PM
How will it really help Zebpay? First they need to revamp their exchange in India which also is not at all profitable considering that Indian market is too dry to actually catch some great profits.

Also, I think BAT rewards aren't profitable at all these days, especially with the price of each token down to just $0.18, even if you are able to collect 6-7 BATs after each month of surfing and browsing it generally translates to nothing, earlier when the price was high it could still mean some good 1-2k INR for you for free each month, also yes the KYC problem.

18  Economy / Economics / Re: If They Can Pay off their Debts, Why Don't They? on: September 22, 2023, 07:42:58 PM
Below is a list of 10 Countries With the Biggest Debt Burdens1

1. Japan $10.1 trillion
2. Greece $415.35 billion
3. Italy $2.94 trillion
4. United States $36.8 trillion
5. Spain $1.74 trillion
6. France $3.478 trillion
7. Portugal $305.45 billion
8. Canada $2.52 trillion
9. Brazil
10. Belgium $640.3 billion

I am not an economist so my question would be directed to those who understand economics and government administration. If a country is capable of paying off her debts, why don't they? Obviously , these developed countries I believe are capable of offsetting their debts because they even render aids to other developing nations.
Secondly, are there any benefits, economic or otherwise of a country being in debt?

1. https://www.usnews.com/news/best-countries/slideshows/top-10-countries-with-the-heaviest-burden-of-debt?onepage
First of all, you need to understand the concept of National Debt, This isn't the money that Japan/US has borrowed from some other country or some international community, infact just 5% of this might be external debt, most of it is the national debt, this has come from Fiscal deficits in the budgets each year, these keep on mounting because countries always keep a fiscal deficit to instigate economic growth. Most of this debt is the debt taken from Central Bank to print money, State Governments & public by issuing bonds, Countries keep on paying the old debts but in turn, keep on issuing new debts as well. Also as soon as the fiscal deficit is in control for these countries and obviously sovereignty is not under threat, high debt doesn't mean a bad thing.
19  Local / India / Re: Indian crypto exchanges under regulations of RBI on: September 22, 2023, 07:34:32 PM

1.Setting up advanced Know Your Customer (KYC) for crypto companies, which covers the Foreign Account Tax Compliance Act and existing Anti-Money Laundering standards.


What does advanced Know Your Customer means, will they now come to our house and do manual verification?


2.Crypto platforms would be required to release proof-of-reserve audits on a real-time basis to regulators.


That would determine how much liquidity an Indian exchange has and it would create awareness & increase trust among users.

3.A uniform taxation policy across the nations.


I am not sure if a uniform taxation policy would get a consensus. A lot of cryptocurrency communities are based in third-world countries. I do not think it will be approved.

4.Crypto exchanges could gain the same status as authorized dealers (similar to banks) under the guidelines of the Reserve Bank of India (RBI).


I am not sure it will happen and I think this is just a speculation. I think we would find major changes on this topic as there would be a lot of objections from the Indian crypto community. I think it is better to wait for an announcement from the government.


1. I think by Advanced KYC they mean one, that no customer will be allowed to trade on the forum until they have completed their KYC also in the KYC itself there will be a lot of parameters using which the user can be uniquely identified.
2. All it would do is ensure that Exchanges are solvent at all times and there are no shady things such as what happened in case of Ftx is happening with Indian exchanges.
3. By uniform taxation policy governments around the world means the policy of taxation which means the methodology would be same, not the rate of tax.
20  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: September 21, 2023, 10:01:23 PM
So, Ind vs Aus tomorrow now. Do you guys think it's a confidence booster or destroyer for both the teams? We very well know that both are top favourites for the trophy. Any of the team winning this series would obviously go with their heads high in the world cup, while the other would seriously doubt their world cup preparations and would be really low on morale.
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 219 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!