Bitcoin Forum
June 01, 2024, 07:43:54 AM *
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 ... 141
1  Bitcoin / Bitcoin Discussion / Re: Why Are People Not Interested To Listen To Success Stories Of Bitcoin Investors? on: May 31, 2024, 09:40:46 PM
Who cares? I don't care about anybody's story. Hopefully, they don't care about mine! Brah! All I need are some tasty waves and a cool buzz and I'm fine!!
This one too, privacy and anonymity is important and sharing stories of how much money you have in BTC goes against it, nobody has to know how good your investments are, i know some people feel they have to tell people to boost their ego, but it is just another way to make yourself a victim of a $5 wrench attack. There are so many good things about BTC, and one does not have to share a personal story of theirs when talking to people about it.
2  Bitcoin / Bitcoin Discussion / Re: Why Are People Not Interested To Listen To Success Stories Of Bitcoin Investors? on: May 31, 2024, 05:09:39 PM
BTC is not a new cryptocurrency and its growth is organic, so if you are not an early adopter who got a lot of BTC in the early days or someone who can afford to buy a lot of coins, then you cannot really make 'crazy profit' if you understand what i am saying. 'Success stories' is popular amongst shitcoins, a common situation is when someone buys so many shitcoins and one of them pumps so high and the persons makes returns which they withdrew before it dumped. You hear a lot of such stories with people who 'gamble' with altcoins.

I believe with BTC things are much different, however, you don't even need to tell anyone a success story in a discussion about BTC, it has enough use cases you can talk about and there are many reasons to give people on why they should use BTC.
3  Economy / Exchanges / Re: kexbui.com on: May 31, 2024, 10:04:28 AM
So , I take it that there is absolutely no way for this person to retrieve his funds ?
Yeah, there is absolutely no way to get the money back, your friend has been scammed and this is a very common scam. The platform he deposited money into is controlled by these scammers, so there is no money to withdraw and they will keep requesting that their victim makes extra deposits to be able to withdraw, until the victim gives up.

So this is a lesson to your friend, they should use reputable exchanges only and ask questions first when they are in doubt. It is common for people to ask questions after they have been scammed and not before, and it is not nice.
4  Bitcoin / Bitcoin Discussion / Re: Is it proper for one to trade Bitcoin through a trusted friend ? on: May 30, 2024, 09:13:43 PM
Haven't nurturing this idea of trading a Bitcoin in the near future,but one question that's always come as a concern to me is. Is proper for me to trust a friend of that high magnitude ?
If you need someone else to trade for you, then you should not even be considering trading. I know you have seen people online who claim they got rich through crypto trading and maybe your friend seems to be doing well, and you also see him trading, so you believe that is how he gets his money; don't believe everything you see from afar, the reality in the actual scenario may be different.

Take note that you have no business buying BTC right now, because it is so obvious you don't understand a thing about it and you have to get some basic knowledge first, before you talk about either trading or investing in BTC.
5  Bitcoin / Bitcoin Discussion / Re: Biden team shift their tones on Bitcoin & cryptocurrency market on: May 30, 2024, 04:17:09 PM
Why are they seeking 'guidance' on crypto related matters now, does it mean they have they been regulating and attacking an industry that they do not fully understand? There is nothing to be excited about all this and it looks like a strategy to score a few points in the election that's coming later this year.

I feel some bitcoiners get too excited with news like this and i don't really know why, neither of the presidential campaign teams have said anything that bodes so well for BTC, and i am sure the way they view and understand BTC isn't going to change.
6  Economy / Exchanges / Re: kexbui.com on: May 30, 2024, 11:01:42 AM
Z-Tight...you have hit the nail on the head...that is exactly it.....requiring another deposit in order to make a withdrawal.
I thought as much, this is usually the case anytime someone falls victim to these scam exchanges. I am sure you now have your answer, the funds are lost for good, and if 'the person you know' deposits another money into that platform, they'll confiscate the money and ask for another deposit, they'll do so until their victim gives up and accept their losses.

I hope the victim in this case didn't deposit a lot of money here?
7  Bitcoin / Bitcoin Discussion / Re: IS BITCOIN NOW IN A DIFFERENT DIRECTION FROM ITS INITIAL GOAL? on: May 30, 2024, 10:56:12 AM
Ordinals, Runes, BRC-20 Tokens, LN, etc have been introduced aside what Satoshi implemented. Not everyone enjoys some of this things I just mentioned.
LN is a good layer II scalability solution, even if it hasn't worked out as well as many people thought it would when it was implemented. However, things like runes, ordinals or tokens on the BTC network are not a part of BTC, better to call them attacks than implementations, and such spam attacks can only last for the short term, because you cannot deceive the people involved in it for a long time, they'll surely find out soon enough they they are gullible and have been deceived.
8  Bitcoin / Bitcoin Discussion / Re: IS BITCOIN NOW IN A DIFFERENT DIRECTION FROM ITS INITIAL GOAL? on: May 29, 2024, 10:12:29 PM
This may be a question that bothers me in my heart and mind who thinks that Bitcoin as part of cryptocurrency has deviated from its initial goal which was intended to fight banks
The original purpose of creating BTC wasn't for it to 'fight' banks, BTC was created to be an alternative currency to fiat, but one that is censorship resistant, permissionless and decentralized.
from that question I want to get enlightenment from all members about whether bitcoin and other cryptocurrencies have changed from their original goals?
Kind of, but it was expected, BTC does not have one use case, so people will decide how they want to use their BTC, and neither you or i has the right to tell them what to do with their coins. BTC has really developed, and there was no way it was going to stay exactly as Satoshi created it, there have been a lot of improvements and people will use it how they like.
9  Economy / Exchanges / Re: kexbui.com on: May 29, 2024, 09:01:35 PM
You are being completely paranoid.
I know someone who is having a problem so I reached out in the hope that those with far more knowledge than me can provide a little help or information.
It is not bad to be paranoid if it will save you from losing your funds, because you distrust new and suspicious services and do not use them, until it is 'proven' that it isn't run by scammers.

You haven't said what the problem is, however, if the 'person you know' deposited money into this exchange and they are being asked to deposit extra funds in order to be able to withdraw, then tell the 'person you know' that they have been scammed.
10  Bitcoin / Bitcoin Discussion / Re: Can small countries in accepting bitcoin as legal transaction? on: May 29, 2024, 08:52:36 PM
I think implementing a certain thing to be a legal tender relies solely on the government and its financial institution.  Implementing BTC as legal tender is not that hard if the government and its financial institution wanted to just like how El Salvador accept BTC as legal tender. 
The question is, why would a government want to make BTC a legal tender, what do they stand to gain. Surely it would be great news for we bitcoiners if more countries can make BTC a legal tender, but that is not going to happen; it is decentralized and they cannot benefit from it, instead it gives their citizens a way to avoid surveillance, and since governments are anti-privacy, they would not like that.
Someone has to have the courage and take full responsibility and enforce it, just like Nayib Bukele. In Europe, I think it is extremely difficult for it to happen. But one thing I am almost certain of is that EL Salvador will not be the only country in the next few years to accept Bitcoin as a legal method of payment.
Fix your quote, i wasn't the one who said this.
11  Economy / Service Announcements / Re: Best Cryptocurrency Recovery Company/Service - OMEGA CRYPTO RECOVERY SPECIALIST on: May 29, 2024, 07:52:13 PM
BTC transactions are irreversible, so nobody should contact op for any help on this service he is promoting on this forum as it is a scam. Anybody, even with limited knowledge of crypto can be able to trace the movements of utxo's from one address to another, until it either hits a privacy solution or an exchange, however, tracking utxo's and addresses is very different from recovering stolen or hacked coins, so how do you recover coins?
12  Bitcoin / Bitcoin Discussion / Re: Can small countries in accepting bitcoin as legal transaction? on: May 29, 2024, 07:20:27 PM
Do you know what, Central African Republic tried to follow in El Salvador's footsteps and did the same thing by making BTC a legal tender in their own country, it didn't last for a long time and they revoked that policy. The policy failed because of poverty in CAR, lack of electricity, internet and their limited knowledge in technology.

It is going to be hard for small and poor countries to make BTC a legal tender, in these countries people are more worried about what they are going to eat, rather than using a censorship resistant currency. Take note that even in El Salvador, a greater population of the people do not even use BTC, neither do they even really understand how it really works.
13  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin become better on: May 29, 2024, 05:26:51 PM
What is the gain if the US dollars is backed by Bitcoin? Is this even a possibility? This came from  Kennedy and also Trump claimed that he will make sure that Central bank digital currency won't become a thing.
The U.S dollar cannot be backed by BTC, it is important to start topics about things that are realistic, and even if not, it should be something that makes for a good discussion, and not this.

Take note that even if cbdc's fail in the U.S, it still has nothing to do with BTC. The U.S house of reps recently passed a bill to stop the Fed reserves from issuing cbdc, because of its surveillance tendencies, we would have to wait and see how that one develops. As for Trump, he is just doing what he can to win the election ahead, and he probably does not even know what he is talking about.
14  Economy / Games and rounds / Re: 🚩 Blackjack.Fun | BTC Price Prediction ' June 02 | WIN $50! on: May 29, 2024, 05:18:18 PM
$69,612.21
15  Economy / Gambling / Re: Blackjack.fun |SLOTS|SPORTS|ESPORTS| JACK Token on: May 29, 2024, 02:32:43 PM
Can you please elaborate more on your stacking project?

What are the main advantages, that will bring this stacking to a success for you and the users?
It is not hard to understand, stake the coins you have in the casino wallet and earn rewards hourly, the advantage for users is that instead of you to keep your funds in the casino when you are not actively betting on games with it, you simply stake your coins and let your money for you.

You can read everything about it when you log in to your account, simply click on "browse" and then click on "become an investor", goodluck.
16  Economy / Service Discussion / Re: Im looking for passive ways to earn yield daily weekly ? on: May 28, 2024, 09:19:25 PM
Probably the best that you can do is stake your assets in different exchanges, I think everyone's already recommended you to do that because it's a good way to make sure that while you're hodling, you're still making a small amount of money from staking your holdings,
I hope you do not lose your funds because you are trying to make money from it, i would never lose custody of my coins because i want to stake it for APY. Take note that the safest place to store your funds is in your self custody and it is better you hold it and see if it pumps, rather than staking it and losing control of it. Each to their own anyway, as i understand people care more about their possible profit than the safety of their money.
17  Bitcoin / Project Development / Re: Looking for projects to offer my services for free on: May 28, 2024, 08:47:17 PM
Thanks for your input, sir.
I will stay a free agent until I get a better offer.
Let's get something straight here, do you mean you will work for free for only sometime, before you start charging something for your services? Because if you say you will stay as a free agent until you get a better offer, how are you going to get a better offer when you are open to work for free, nobody is going to offer you any paid service, and all you'll be getting is options of free services.
18  Bitcoin / Bitcoin Discussion / Re: $1,200 stimulus check in 2020 = $12,392 in 2024 on: May 28, 2024, 05:50:08 PM
It's impressive to see how much Bitcoin has grown over time! Investing in Bitcoin with a stimulus check certainly paid off for those who held on. Did anyone here choose to invest their stimulus in Bitcoin?
The post isn't about literally investing your stimulus check in BTC, but about how great of an investment it is to buy and hold BTC. It does not matter which 'check' you use, and you don't have to make a one time purchase of $1,200 dollars, you can buy lower amounts, and choose how often you want to buy. The message here is that BTC is a profitable asset in the long run, and not just that, you can control your money without the help of any central authority.
19  Economy / Service Discussion / Re: participating in the forum in order to be able to access campain in the future on: May 27, 2024, 08:50:47 PM
I have a hard time believing that you guys would be here 2h a day if it wasn't for the campaign. I mean, there is only so much you can talk about crypto lol.
There is no doubt that signature campaign earnings help to keep traffic on this forum, and if there were no signature campaigns, there would obviously be less traffic.

However, i don't agree that there are not enough topics to discuss about crypto, it is now about the incentive to keep such discussions going. Take note that there are new crypto related matters that come up regularly and people will always need help also, and run to this forum for help from more experienced members, there are a lot of things to talk about.
20  Bitcoin / Bitcoin Discussion / Re: Why use decentralized bitcoin in a centralized way? on: May 27, 2024, 08:02:39 PM
We use decentralized Bitcoin in a centralized way because we cannot use exchanges that are compliant to the local laws due to the regulations being implemented so we are forced to do KYC as we are using their services and that us how I think it works.
I can understand that, but there are also p2p exchanges that you can use, and in them you do not have to submit kyc, they don't harvest data like centralized exchanges. The crazy part of it all is that some people do not only trade in centralized exchanges, but they also store their funds in such custodial platforms, and that is what i think is the worst of all, even if you trade in centralized exchanges, you should do well to move your money into your self custody after you are done.
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 ... 141
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!