Bitcoin Forum
May 24, 2024, 02:10:33 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 ... 205 »
1  Economy / Services / Re: [PAID TESTERS NEEDED] Zenland Marketplace | Up to $30 (open) on: December 18, 2022, 04:32:18 PM
Hello, I've participated in the escrow tool testing phase as well. Would love to try out the marketplace and provide my honest feedback as well. Smiley
https://bitcointalk.org/index.php?topic=5410085.msg61087498#msg61087498

1. @chris_skyleaf
2. 0xF49f4c935a7D659a851b38752E2b2Dc1b019663c
3. Binance Test Network
2  Economy / Services / Re: [OPEN] SINBAD MIXER Signature Campaign. Up-to $130/w | Payment escrowed on: December 18, 2022, 04:28:52 PM
Hello, I'm going to have some free time the next weeks so I can restart my contributions to the Bitcointalk community. Would love to work with you, Royse, again. Happy holidays, everyone!

Current number of post (Including this one): 4093
Rank: Legendary
bech32 address: bc1qhwu4wyau0g7s39julmrqhhepcl3s22v4t2l8nt
Merit earned in the last 120 days: 3
3  Economy / Services / Re: [PAID TESTERS NEEDED] Zenland Blockchain Escrow Platform | Up to $30 (resumed) on: October 09, 2022, 05:13:15 AM
REPORT

Platform login was straightforward. I like that metamask clearly specifies the permissions granted to the app.

UI
Clean, modern interface at first glance.
Suggestion: Change the font color of the notifications. The nuances are close to each other and that it makes them harder to read.




Features

Chat – I really dig this feature as it allows the two parties to communicate privately without the need of a phone number, photo or a name. Just two addresses with humans behind them. Great for those who value privacy.

My hypothetical case study for testing Zenland

I'm with my car in The Hague and I want to use the services of a company that provides ferry-boat transfers to England. The company agent managing my account is named John.
They accept using Zenland as an escrow platform. This way I can pay with crypto while also being safe - I will only spend my money if the other party meets the condition to get me safely to the specified port in England in the agreed timeframe.

Steps:
- John sent me the bsc address of the company
- I created the smart contract on the Zenland platform using a really user-friendly (no-code) template
- I set the Agreed amount to be 10 BUSD
- Zenland fee is transparently displayed (Suggestion: I would love to see the estimated network fees as well before creating the contract.)
- The contractor (seller) reviewed and approved my smart contract in a matter of minutes by logging on Zenland using his credentials.
- I deployed the contract on the blockchain with the click of a button.
- Before embarking on the ferry, I transferred the agreed amount to the contract address (again by clicking a simple button on the platform).
- I arrived in England 1h:30 later than expected so I decided to dispute the contract to get back a part of my money (after all time is money and the seller assured me that I'll be there by 6:00PM)
- I was able to dispute the contract even if the buyer protection time expired - citation from documentation: "This time is known as buyer protection time. At any point during this time, the Contractee is able to dispute the case for the reasons listed above.
The dispute request** will stop the buyer protection time countdown, and prevent the Contractor from releasing funds by the end of it. The purpose of doing so is to let the Contractee reach out to the other party to discuss disagreements and settle the issue between the two parties." - Question: is this a bug?
- I chatted with the seller and they agreed to reimburse me 20% of the funds (2 BUSD). However I haven't found any option on the platform to change the terms of the contract (Suggestion)
- I gave the seller a 5-star rating and a text feedback for having good customer service.

You might think that it is a long list of steps, but the process is very simple and straightforward on the platform. There is information on everything and they also have a well-structured documentation.

I hope my suggestions help you further develop the platform. Now that I have tested Zenland, it is something that I'd use IRL. I can definitely see its utility. However I'm still wary about smart contract integrity. I know you're still in beta, but for further assurance I'd like to see some reputable third-party audits on them.

EDIT: I've received the reward, thank you!
4  Economy / Services / Re: [PAID TESTERS NEEDED] Zenland Blockchain Escrow Platform | Up to $30 (resumed) on: October 05, 2022, 06:54:45 PM
I would love to test the service and provide a review. Sounds like a smart contract with real utility Smiley

Telegram username: @chris_skyleaf
Metamask address: 0xF49f4c935a7D659a851b38752E2b2Dc1b019663c
Network: Binance Smart Chain - Testnet
5  Economy / Services / Re: [OPEN] Starbets.io Signature Campaign | Up to 0.0025 BTC/W on: August 13, 2022, 06:24:48 AM
Username: ChrisPop
Current post count: 4090
BTC SegWit Address: bc1qhwu4wyau0g7s39julmrqhhepcl3s22v4t2l8nt
6  Economy / Economics / Re: The fear of Bitcoin monopoly in El Salvador on: July 19, 2022, 03:16:25 AM
I can understand that El Salvador embraced Bitcoin but their way of investing was so haphazard as if they had never consulted anyone who is an expert in financial analysis or good at reading charts.

I remember that there was a chart of the purchase dates and it all seemed random without a solid economic plan as the price collapsed several times after the purchases.

Currently and historically, the price is ideal for investment, but we did not hear more investments, which reflects the economic situation in that country.

I'm sure that the president has access to councilors in regards to managing the country's finances. But you've got to understand that no one can predict what will happen to the price. You can be the biggest financial advisor in the country, you still don't have a crystal ball in your pocket. Anyways, I don't think the 1771 BTC the country owns represent a significant amount in its treasury.

Anyways El Salvador is not in a 'rosy' situation having 82.6% of GDP in debt. For every $1 of GDP they have to pay around 5 cents just to cover the interest (~5%). In comparison, the United States only pays ~1.6% of GDP in interest expenses.
7  Economy / Trading Discussion / Re: Can trading be likened to gambling and how so? on: July 18, 2022, 07:35:15 PM
IMO, trading has more emotional stress than gambling. Perhaps being in the industry for long will take away the fun in it while it doesn't in gambling. The entertainment stays especially in sports betting.

I think it would be useful to expand a little bit on this. Why does trading produce considerably more emotional stress than gambling?

I would say that is because there is much more decision on the part of the player/trader. In gambling you place your money and you get an outcome almost instantly. In trading you can leave your position running for seconds, minutes, hours, days, weeks, etc. You are the one who makes the calls - where to take profit, where to cut the loss, when to add to the position and when to hedge. This is on top of the analysis that (I hope) precedes your trade decision.


8  Other / Politics & Society / Re: High inflation is causing GLOBAL protests on: July 18, 2022, 06:46:14 PM
We all know that the current financial system based on centrally controlled fiat currencies has its flaws. We go through booms and busts. After the economic problems caused by the COVID pandemic and the instability generated by the international conflicts we should expect recessions, even depressions and possibly civil wars (we already have military wars *ukraine and pressure is on Taiwan as well)

Thanks for documenting the tweets, but something tells me this is just the beginning. People in developed are facing difficulties with keeping up their lifestyle. Think about the third world countries where wages are exponentially smaller. Let's not forget that the winter hasn't come yet. That's when most of the casualties happen.
9  Bitcoin / Bitcoin Discussion / Re: Bitcoin price and actions to raise it on: July 18, 2022, 06:12:23 PM
If you have free time to dedicate to Bitcoin's growth you can certainly come up with something. Here are just a few suggestions:

As an average joe you can...
  • Share your experience with your friends, tell them about the time you payed with lightning network and how did that feel
  • Contribute to discussions on forums, social media groups and posts, etc.

As a business owner you can...
  • offer discounts to people who pay with Bitcoin - i.e. you own a coffee shop and you organise a Bitcoin promo --> pay with Bitcoin and you get a 10% discount. That would not only incentivize people to start using Bitcoin, but if you keep it running they would get used to it. Moreover you might also get some tax benefits depending on where you live (check with a cpa). Another type of promo you can organize is a lottery with a prize --> each customer who pays in Bitcoin will have his address entered into a sweepstake where the random winner gets free coffee for a year or smth like that. Be creative! Wink
  • simply advertising that you accept Bitcoin as a payment method is more than enough to make your contribution
10  Economy / Trading Discussion / Re: A little profit for $17k+ buyers on: July 18, 2022, 05:17:24 PM
This remains to be seen...

If you are conservative trader you should generally wait for confirmation. A candle close above ~$22.5k preferably with decent volume would be a signal for me that we are ready to move to the next resistance - perhaps the $28k level. But the type of confirmation you wait for (horizontal break, ema intersection, stochastic cross, etc.) should be subjective to your own trading strategy.
11  Economy / Economics / Re: Avoid loan apps, a word of advice. on: July 18, 2022, 03:10:42 PM
Here's a better word of advice: before doing anything related to your finances, read a couple of books on financial education. It certainly doesn't hurt. This way you will expand your financial vocabulary and learn how important it is to not lose money and to read the T&Cs (contract). You can't be with your head in the clouds when managing your money. That is a serious skill that few master.

Loan apps have their use in the economy, otherwise they wouldn't have become popular. But yet, someone who knows how to manage their money will rarely (maybe never) have to resort to them. What I would be careful instead is how they handle your personal data. I suppose they asked your friend for KYC. It is a good practice to try to minimize the amount of companies who have copies of your personal data. You can't just rely on their word that they will respect the law. See what happened in China...
12  Bitcoin / Bitcoin Discussion / Re: Countries have banned Bitcoin; Do you believe is because of criminal activities on: July 18, 2022, 02:20:16 PM
I've followed the train of thought in this thread. If Bitcoin reaches national reserve status in more open-minded countries the polarization with the ones who have banned it will be massive. I'd say that Bitcoin is certainly not an asset that you want your country to miss out on. Not with the macro implications that come with its development as a store of value.
13  Economy / Gambling discussion / Re: Gambling and Fengshui on: July 17, 2022, 07:15:11 PM
As far as I am concerned Feng Shui is just another superstition. I would even go as far as comparing it to people who suffer from OCD (obsessive compulsive disorder) who, in many cases, have a need for order and to follow certain patterns of behaviour before doing an activity.

The effectiveness of Feng Shui on gambling can be easily verified with a study. Grab a bunch of people, note who follows Feng Shui, who doesn't and track their gambling performance. On a large enough scale I'm sure there will be no difference between the two groups. Otherwise the casinos would have gone bankrupt  Cheesy
14  Bitcoin / Bitcoin Discussion / Re: How Bitcoin manage to grow over time? on: July 17, 2022, 06:57:08 PM
On the other hand the cost of production and regulation are real threats to bitcoin which causes a correction every time it impacts bitcoin.
All the other factors drives the price of bitcoin upwards.

I don't doubt that cost of production is a factor that influences the actions of market participants (miners especially). Logically when the cost of production grows and the price of Bitcoin drops or remains stable they will increase the amount of BTC they sell to cover their operational expenses. However, because due to the limited nature of the supply the miners' impact on the market will likely drop as institutional adoption increases.
15  Bitcoin / Bitcoin Discussion / Re: Be careful what you wish for, it might happen on: July 17, 2022, 05:45:05 PM

Imagine now a decentralized society :

- my connection with an employer will be direct and I will pay no taxes —> I have a choice
- No support for unemployment. Maybe this will stimulate more people to work but will also create some issues

Basically stronger people will become stronger and people suffering will suffer more.

No, this is not right. A completely decentralized society is an utopian dream. Going to the roots we as humans are social creatures. We need to leave in society. You can't just condemn the ones who were born with lower intelligence or who are handicaped in any way. That is why we need to pay taxes  --> to maintain somehow of an equilibrium in the society + fund public property and services like police, firemen, doctors, etc.

Polarization of society classes creates conflicts, very ugly ones I might add. I think the best way is to find a balance between centralization and decentralization. The financial system is especially broken creating big problems so Bitcoin might be the solution for it, indeed.
16  Bitcoin / Bitcoin Discussion / Re: Satoshi's faceless identity is the greatest Bitcoin success strategy on: July 17, 2022, 03:23:27 PM
There is no doubt that that keeping the identity of Bitcoin anonymous has been a very smart strategy. But even if the real identity of Satoshi would be discovered that doesn't change Bitcoin's design, features and of course its +13 years of history.

God only knows how would the history of this cryptocurrency have flown if politicians and bad intentioned actors have had someone to "blame" for the success.
17  Bitcoin / Bitcoin Discussion / Re: My old officemate become millionaire on investing on Bitcoin on: July 17, 2022, 06:10:20 AM
The temptation to sell is great when you make x multiplies of your investment like in the case of Bitcoin.
Your co-worker would have likey sold if he had watched the market during the bull run. It's a statistic.  But it's a good story and you should pat yourself on the back. You are a leader who inspired others to get involved in a phenomenon that is changing the world as we know it.
18  Bitcoin / Bitcoin Discussion / Re: With the hacks and Bitcoin for ransome, who's to be blamed? on: July 16, 2022, 02:03:54 PM
This is a delicate situation and a discussion which can go very in-depth, but here is my thinking process regarding this matter:

- KYC is required so that criminal activities are contained  and that is a good thing.
- However the problem is that regulation should be much harder in respect to data privacy and protection. Firms who are required to collect personal information like IDs and proof of address documents should not be allowed to function unless they have proven they have the capacity to secure them properly.

In the Chinese case, the fault is borne by the government. It is scandalous that such a high-level institution was not able to keep the data safe from hackers.
19  Economy / Trading Discussion / Re: How can all (or most) cryptocurrencies rise and fall at the same time? on: July 16, 2022, 12:59:28 PM
You could ask the same question in regards to stocks or even Forex pairs. There is certainly a probability factor involved, but it depends on what market environment you're in. If in a bull market traders/investors will generally have a more generous "hand" in handling investments. They are more greedy and feel more confident in themselves.

Here is an example of a trader's thinking In a bull market: "Hey, my coin surged 10%, but there are multiple coins in top 50 market cap that didn't but look like they are ready to go, so why not take some profit here and buy some of those."
20  Economy / Economics / Re: Your coins on CEX may be at risk this bear season on: July 16, 2022, 08:01:03 AM
This is one the big problems when dealing with unregulated exchanges. You don't know how and if they have proper capital and risk management procedures in place. I don't think exchanges have much overhead costs. I think they are pretty profitable, especially the big ones so with a bit of dilligence in their finance department they shouldn't have any problems paying government taxes which I suppose are not that hefty taking into account that many of them have set their headquarters in fiscal paradises.
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 ... 205 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!