They might be lucky to get away with it in under developed countries with less effective technology but in develop countries with heavy technology like China and the others, catching them is quite easy.
You maybe right, big country has ability to catch those people but in fact, people can always run away and avoid ban. As you mentioned China, let's take Bitcoin as an example. It's banned there, but the citizen still be able trade or doing some activities on crypto space. It means even big country has enough power, they just can't always do anything without thinking twice as they might face a bigger problem later. They are even so powerful but some of their citizens never find it good, not only in China but all over the world. Casinos would still exist even they are banned cause they know that many people would like to gamble and living to that edge, casinos owners would find a way in order to run their business illegally. This what it meant trouble in the future. Cause the more they become strick into banning gambling the more illegalities will increase. Casino owners will still be unstoppable even if their Government banned it, we still have online casinos, they could make a gambling site of their own whenever they want to, money is not a problem to them and it will be easier for them to make one since they are already professional on this job. Government can't easily track them unless they're naive when it comes to internet. |
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Why not make a youtube channel and use travelling as your vlog content, buy a decent camera for vlogging and a laptop for video editing, you could also promote Cryptocurrency in your channel to be more flexible about your content, travelling vlog is a trend now because people love to see places that's paradise, so vlog those places where you go that you think that will pique other's interest.
Ever crossed my mind like that.But I just love music. I mean if I want to become a YouTuber, surely the content that I will create will be maximal if I like it. The first idea that came up was to make lyrics from songs that were already well known in my country. However, this is constrained by copyright seems to be. So the program was canceled. Then why not make your own music to avoid being copy righted, I'm sure you've already listened to a lot of songs and you could come up with something on your own, maybe it is a calling to you to write up songs (about cryptocurrency) maybe, or it is all up to you, whatever you hear sounds good then make it happen and let us all hear what you've got, there is no harm in trying. |
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Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.
But does anyone control it?
A bitcoin---blockchain don't have any authority that is been in control of it since it was been created in 2009. Ask yourself this—
How are Bitcoins created?
Satoshi Nakamoto created bitcoin. Bitcoin is being created with the decentralized process called mining. Miners are the one who mines bitcoin and get rewarded on every blocks and algorithm that they will processed. Who is incentivised to create Bitcoin?
Satoshi Nakamoto is a he or a group of people who incentivized the creation of bitcoin itself |
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there is a good reason, they were lazy!
if you have checked their site in early days you could see that there has been nearly no change in their site. there were a lot of things missing, for example their API has been incomplete for ever and there is a text saying it will be added soon!!!
they never made any efforts to grow their business so they never could make any profit from it. as a result they had to shut down.
I strongly agree with you on the fact that the team behind the Coinexchange platform were lazy. This totally makes sense now. A lot of exchange platforms in the crypto space are lazy, they don't make any effort to improve their platforms. They are among the reasons why some people find it hard to fully adopt to the use of cryptocurrencies. i don't think so, exchanges (specially altcoin exchanges) have nothing to do with adoption. simply because exchanges are only used by traders and traders can not be counted as adopters. they are here to make money (fiat) so they are only interested in fiat not bitcoin or cryptocurrencies. the adoption is only when people start using bitcoin as it was meant to be used, meaning as a currency to pay for stuff. when merchants start accepting it as payment,... I agree. Coinexchange is one of the best exchangers I use, their interface is much easier to understand, unlike other exchanges that was overly designed for me, that has color and stuffs that is not even in contrast or complementing the ambiance of it. Hearing such news that they are closing is a sad thing for me. I also agree that exchangers are just merely tools for people to use the cryptocurrency on its full potential, it doesn't have anything to do with adoption at all. |
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everything you say happens more to fiat currencies,
You talk about this like we're in 2015, where many negative issues have been raised to bring down the price of bitcoin
Maybe OP is still living in the past. All of the currencies we all have around the world are being use in crimes, illegal activities, and other evil deeds, yet the Government are not shutting down fiat because it is normal. We are freely to decide in where we are going to use our money, the only disadvantage is if we use our money in bank purchasing illegal things, that's fvcked up, expect the FBI will barge your house any time. And the risks OP mentioned was overcome by bitcoin a long time ago. |
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I'm not talking about traders who trade with small capital here.
The conclusion is that when you trade with massive capital ,you earn massively.
I almost spit out all the water inside my mouth right now *sarcastic smile* You sure about that? trading with massive capital and you will earn massively? tell me you are joking, cause if it is true, I'm going to make a loan to the bank and invest it all in cryptocurrency if Trading is that easy, that is easy money y'all. I would believe you if you said "trade with a massive knowledge as your capital, you earn massively" that is more convincing and more realistic. No one will have a hard time in Trading if that is the case. |
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The Bitcoin Standard is the first book I've ever read to simply explain the properties that make money valuable. If there were such a thing as a 'Bitcoin University', Satoshi's white paper would be covered on day one, and this book would be covered on day two. Get up to speed on your Bitcoin education. https://youtu.be/T4ltMvjGO5YYou can find answers of your question in its features! Bitcoin is limited and will be only 21 million. So if you compare any FIAT money with it. I think you can understand. Supply-Demand! Bitcoin is decentralized. So no one increase or decrease total supply. And no one control it! Bitcoin is transparent. (This is the feature of blockchain actually but valid for BTC.) You can track all transaction easily with blocks. And BTC has a great community support. All world be aware it potential now. The way fiat works is too old compare to bitcoin, fiat is a slave currency which the Government and bank are its master. You don't have a real freedom in fiat, if anything is suspicious about you, the bank will freeze your account or even close your account which is the exact opposite of bitcoin. Bitcoin let you to have full control of your fund, you could open you wallet anytime to check your balance or to make transactions, anonymously, unlike banks that have a database for that, and I think that's what makes bitcoin valuable to me. |
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Ask yourself the question. Why do your hold XRP in the first place? And why did you allocate majority of your funds on XRP instead of BTC? I assume you've done your research so there must be a reason why your funds are allocated that way.
Also, if you bought XRP because you think it will rise to the price levels of bitcoin, look up the total supply of XRP.
OP said it all, I think you just misunderstood. He's thinking that this is the time for him to let go XRP because bitcoin's price now is affordable and good to invest than before, since XRP is not having huge fluctuations like Bitcoin, he wants to grab this chance to know if it is worth the risk, if it is the right choice or wrong choice to make. I understand that you see XRP as an stable coin that is good to hodl for a long run, but think also what Bitcoin could do in the long run. |
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i personally launch a facebook page to promote all the bitcoin and blockchain related posted i collect from various platforms and post in my facebook in this way i promote blockchain and bitcoin posts
This is a very great way to promote all of the cryptocurrencies we have in the market, and you have to be patient because a lot of people will ask you everything about it, I hate spoon feeding people so I'm not trying my best to explain cryptocurrency whenever there are people asking me how they could earn money on it, what's the process, what are the requirements like they are applying in a normal job, it is funny, because the results are always the same, they are easily to be discourage when you start explaining complicated stuffs. |
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Scams are everywhere even in social media we have to be very careful with so many fakes account just to scam people. To avoid these scam we have to research if it is really legit and always look for proof that may answer our doubts. Although at first it is hard to identify but in terms of our money to invest we must do to avoid scams.
Also don't believe people who are using bitcoin to scam other people. They will come at you and say "do you want to earn money, you money would be double in just 1-3days", they are funny because they are desperate to scam you, they will convince you by their sweet words that have no future at all, and if you fall for their trap since you like easy money, well don't be mad at yourself, if you know what I mean  |
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Who hold for 5 + years lost everything?) OKay, 5 years ago btc price was around 400-500$, now it around ~8000$. Panic sellers lost everything, yes I agree with this. Maybe holders from 2018 lost many deposits but not holders from 2014. They didn't lose anything, they just lost the chance of earning big profits last 2017 but their bitcoins and altcoins remains in their wallets. All they have to do is to wait again until the market get bullish again. Keep hodling your coins is indeed better than panic selling, because when you do panic selling you will indeed lose your profits literally. Aside from holding, you could also buy other coins that you want to have more profits in holding. |
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Are there people on this forum who would like to know how to cash out BTC in fiat ANONYMOUSLY via their preferred way of sending the fiat?
I have found a way to do it but I am not sure whether it is allowed to post it here or whether there is enough interest to post it
the best way that you can cash out Bitcoin anonymously is if there is a Bitcoin ATM in your local area which doesn't require identification to buy and sell Bitcoin. If you buy and sell Bitcoin for cash, and ID is in required, then it is for all intents and purposes, anonymous. Even if you cashout your bitcoin in fiat via bitcoin ATM, you will still need an account, a legit one including your real name, address and basic information about you, so basically you can't cash out your funds in an anonymous way because you have to claim it, how can you receive it if you're going to fake IDs and addresses, also why would do something like that if you're earning bitcoin in a legal way. ~ I smell something fishy ~ |
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All regulated exchanges must ask for KYC. This is not only tô finish with The Anonymity, but tô bring some security tô the operations.
We dont want The governament looking for crypto and thinking about criminal acts.
This is a 50:50 risk for me if I'm going to submit my KYC requirements on exchangers to get my account verified or in some Altcoin Campaign to receive my bounty. We don't have any idea what's they real purpose for them to implement it, it's too fishy for me, I have trust issues. It's better to be safe than sorry, just like what the saying says. Maybe some of them could be trusted, but don't be too complacent about this. |
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bitcoin will not end, but bitcoin will still be able to survive and will rise again because the price of bitcoin is fluctuating and will continue to change, so we must be patient and keep thinking positively.
Bitcoin does have an end, all of the cryptocurrencies do, but Bitcoin is too far from being over. These bearish market is overpowering us in order for us to panic and sell our coins in a very cheap price, compare if you are going to hold it for a little bit longer and wait for the bull run again that will help this market to skyrocket again. |
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Lookout for the guy,is he comes to that place often or he linked with the players?
Most probably it will be just to gamblers if he lost his money from these kind of bets so he actually looking for everyone to lose.
It is indeed suspicious, but if we have money that can be spent it does not hurt to try it because this is gambling and maybe it will be another lucky factor that might make us win easily. Its our money,why we want someone else to decide what we need to do,we know that results in gambling can be never predicted so how can we trust a random person with our money. It's not that we are going to let someone to decide what we should do, it is all about having doubts because of random informations that a random stranger could tell you, and it is not also like we are entrusting to them our money by listening to what they spread. The problem here is our minds, we are just being extra careful not to lose our bets making us to hesitate, one wrong move and you're done. |
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yes! Most of the time, everytime I decided to conceid my bet and change it to another bet, then I still lost at the end, I always regret that. Instead of being loyal to my bet, I changed it out of nowhere, That is the most stressful situation for me.
We all made mistakes because the other part of ourselves sometimes is toying with us when we are making decisions in general, we thought that it's our final decision but there is something inside us telling to change our bet if we want to double the amount of our bets, and turns out pretty badly because of losing, that is why it is important to have a solid decision making in gambling. |
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So basically, you are saying that poker tournaments where you can win a huge amount of money is dirty money? well if I am the one who's gonna win, I dont mind having a dirty money, I gamble my own money to achieve that. We all have different perspectives, I'm a gambler and I dont think that this is right.
You also don't have to mind people who think that way, that's kind of a stupid thinking. They are judging in general that what you earn in gambling is a dirty money, and its also possible that the way they look at gamblers, they look them as criminal. Well, let them do the judgement, as the saying goes, you can't please everyone and only those who are close minded are usually not gonna make success in life financially as they are afraid of taking risks. The majority of society makes money by normal jobs, anything like, street vendors, secretary, cashier, etc. and they don't see gambling as a way to earn legal money. The Government is against gambling casinos who doesn't have any legal papers, so earning money by gambling means dirty money to them, but it does make sense because if it is illegal, then it is dirty, it doesn't matter hoe much you are winning because it is dirty money for them |
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There is a lot of tragedy in your experience and this might be the story of many gamblers here. You need to understand that you can win in gambling only if you have a proper plan. If you just come and play with hope to win and no plan on what to do on the loss, you can never recover. If you are forced to invest more money to recover your loss, then this means that you have lack of any backup plan. I strongly disagree, even if you have proper plan before you play gambling still if you can't win, then you can't, if you will win, then you will. A very simple logic that everyone is having a hard time to understand. You can't just play gambling and think you can predict everything and you will win every rounds, the house is a complicated program that collect bankrolls by beating most of the players most of the time. Being greedy and boastful in gambling would lead you to your worst nightmare, and that is losing all of your money |
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The government and banks lost the fight the moment Satoshi wrote his white paper.” ~ John McAfee
I think Banks are absolutely terrified of Bitcoin and what is has to offer. Its either theyll be phased out or include crypto in the banking industry.
That's for sure they are terrified. Bitcoin and all of the cryptocurrencies doesn't need a bank, we have hardware wallets, online wallets, and portfolio's to store our treasures, I don't trust banks because they are stealing our money in their own way, and most of you guys didn't even know about it and still saving your money on your bank account, goodluck to that. I'm sure that cryptocurrencies will never let banks take advantage of them, even if bank's successfully do it, I would never trust my cryptocurrencies to them. |
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Silkroad is one of example as a proof that people are using cryptocurrency few years back then in illegal activities, like for example buying drugs, illegal guns that don't have any license, other people's credit card account, it is all about dark agendas, but the Government successfully shut it down(I think) by tracking people behind that site, and until now, there are still sites like that I know deep inside the internet that the Government can't even bulge.
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