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1  Economy / Economics / Are we in a bear trap? on: November 19, 2021, 08:28:43 PM

Seeing the funding rates above, it seems clarified that btc had a 'fakedown' and was a bear trap, but how low do you think will it go? Is the trap game over and we lost the 55k buying opportunity? Or should I wait for much lower value of btc to get an entry? I am still confused about that MtGox releasing their customers' btc tomorrow, which is making my nerves go wild when I think of what may happen.

2  Economy / Economics / Is it true that Mt Gox funds are going to get released? on: November 12, 2021, 10:53:43 PM
I was told by a source that Mt Gox funds will be released on ~20 November, 2021 on the order of honorable court where the hearing was made. If it's a fact, will 150k btc worth $10 billion enter the market? And should we prepare for a big dump after this happens? The intention behind posting this isn't about spreading chaos but awareness about what may happen if Mt Gox funds will be released. This is a happy news for me, but scary too.
3  Economy / Service Discussion / Binance's 'Un-Ethical' changes. on: October 11, 2021, 09:26:21 PM
Since I started trading crypto, I used bittrex or poloniex as they were the only exchanges which held top notch security and too much volume with liquidity (according to my thinking from that time). But when I started my experience with Binance, it was phenomenal from the start. Their pairs, their 'no-kyc-required' attitude, their quick deposits and withdrawals (still on) and many other reasons helped me make my mind that Binance is going to be the number one app for crypto trading.

But nowadays, Binance has started tightening everything for its users. I tried to transfer some money from spot to margin and it showed that I must uncheck some pairs in order to transfer and trade in other pair. I had 27 total pairs selected but I was asked to uncheck 18 of them to be eligible to trade that 1 pair I was looking for. There was a catch that I must wait 24 hours before any of my 'unchecked' pairs is allowed to trade. Max 10 pairs allowed.
Kyc made mandatory.
I am sure there are lots of users are not liking this change, but do you agree that Binance is being masterful by doing all this?
4  Alternate cryptocurrencies / Altcoin Discussion / Estimates for an NFT based gaming platform (to be made). on: October 11, 2021, 08:58:06 PM
After observing the NFT markets and some games included in P2P via P2E (Play 2 Earn) projects which boosted the NFT economy to the next level of gaming, I want to know how much does it cost to create an NFT based P2E platform that will give both, the users and creators an opportunity to get entertained through a game they already know about, but has not entered the NFT mania just yet (please don't start guessing the name of the game as this thread is not focused on it).

Can a developer here PM me or give an open idea here (if they want to) about the costs of developing, deploying as well as turning this idea into reality? It is not going to be a big deal since such projects are already live and their userbase is also getting a boost every single day because the games are giving players an opportunity to earn while enjoying the gameplay.
5  Economy / Speculation / Do you agree with Binance's behavior? on: July 29, 2021, 08:21:47 PM

In the image above, that pump took place in futures markets on Binance's BTC-USDT perpetual pair on 26 Jul, 2021. You can check the spot charts that there was no $12k pump during when it pumped in futures. The volume at spot was also not so good, but that $12k futures candle had a 182k btc traded volume for that hour only. This cannot be any institution or a normal person's work, I smell something fishy here to attack the traders and decide the trend, change it and liquidate them to make quick money.
6  Economy / Economics / Will some companies like Amazon really 'store' Bitcoins? on: July 27, 2021, 02:02:16 PM
I came through a post here

And it says that will Amazon adopt btc or not till specified date there.

A question struck my head.
Do such companies need it?
I am not against Amazon or any other big tech names, but as we understand it, Tesla and others have came in crypto to make profits by holding it. But companies like PayPal and Amazon settle millions of dollars on a daily basis sent to their vendors who sell products there successfully. If taken into consideration, then these companies accepting btc will be offering it to users just for their convenience but can't store btc for a long period of time, which means that much btc will be coming back to either exchanges or sold through OTC on a daily basis to settle their deals with vendors quick. Is such an adoption going to harm the overall value of bitcoins if sales will take place through big companies (not Tesla and all who are here for profit)?
7  Alternate cryptocurrencies / Service Discussion (Altcoins) / Btc or Usdt? Which is better to gamble with? on: June 27, 2021, 08:52:39 PM
I had been gambling with btc since long time and even changed to some alts while fees in btc transactions were high. But after btc came down to half its ath, it had already flattened the curve for so many gamblers who doubled their btc but didn't sell it for fiat. I heard from some of my colleagues in crypto that Usdt is scam and may blow up some day, so is it a matter of worry that should stop me from gambling with Usdt? Or should I use it as a hedge against btc right now when the markets are so volatile and we are unsure of what may happen with btc's value?
8  Economy / Economics / Economical Politics by an insane guy is the reason for this crash! on: May 16, 2021, 08:36:30 PM

What's the level of trolls in front of these two, and specially Elon Musk?

All of these are examples which show how an insane guy's personal revenge on a whole community could lead to unexpected losses. I want to ask those institutions' lovers, do you still want them in crypto? Do you want them to make crypto their hedge all their losses and when they will take out their profits, everyone in crypto will lose? Isn't everything in crypto getting under their control, which means it is being centralized?

Anyway I thank Elon as he is selling all his $1.5 billion worth btc in the markets causing this correction, thanks to him we will be buying his btc more cheaper. Smiley
9  Economy / Speculation / Get ready for the inevitable, huge correction coming. on: May 16, 2021, 07:14:21 PM
Btc had been nicely being accumulated but all the mess that had been created by Elon and other institutions that are selling their btc in the markets shows how dangerous can it be when institutions create panic in the markets. No, don't think that I am going to say it's the end of btc and crypto, it is not. They are just taking their profits till the areas where they can buy back more btc with their profits so cheap that the next cycle will break all limits for btc and it will reach $100k. As of now, btc should get to an area where it can not only be profitable to just traders, but to the spenders too who spend their btc and pay very high fees. Want cheap fees? Want cheap btc? Time is coming. 36k soon.
10  Alternate cryptocurrencies / Altcoin Discussion / Shopping time guys. Fill your bags now. on: May 10, 2021, 08:31:01 PM
We have been thinking and waiting for a big big dip after watching markets going constant upwards. Now is the time you should buy your favorite alts and wait for their recovery, this is not a financial advice so do your research before buying anything and stay away from futures, so many traders got rekt few minutes ago. You can wait too if you think the markets are going to present more circus before the dust settles.
11  Economy / Economics / Are institutional investors capable of selling their bitcoins? on: April 25, 2021, 08:30:39 PM

Please visit the link above first before reading anything here.

After visiting there, all of you can see that how institutional investors are 'blindly' collecting bitcoins and adding more and more btc to their treasuries. I am too much curious and confused to understand how they will manage to sell all of their btc if some day a big dump arrives, or if their investors start to take out their investments and ask them to sell the btc and pay them. For an institution to pull out their btc from their wallets and sell, there needs to be an institution or a very big whale on the other hand to buy all that and they will also need that much big liquidity for the same.

Now, a very common logic, which institution would like to buy btc at $100k or even at million dollars when the seller institution is already taking out big profits in fiat by selling their btc to the buyer Institution? Won't that btc be coming with an impermanent loss if the price dumps later? Do you think there is any point where a stagnancy of liquidity or financial crunch may affect the price of btc so badly that it can reverse down like it did in the 2018 crash?
12  Bitcoin / Bitcoin Discussion / One of the top 10 btc wallets hacked? on: November 03, 2020, 11:47:51 PM
According to my source (Blockchain Whispers), there was a wallet that was on sale at dark markets 'and no news have come into the markets yet' but it looks like the wallet has been decrypted and it had over a billion USD worth of btc in it and all the funds have been moved. Has it anything to do with the elections? Will there be a price hit 'or one of the biggest dumps in btc's history' to follow? A secret news brought to you exclusively by me and BCW, I will do everything to get into the roots of it. Don't panic till you officially see this at some reputed crypto news website, but save your ASSes by maintaining your open positions if you have any, seems huge volatility coming around.

More news to follow...

EDIT: News from the source - "1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx - this wallet moved their funds. You can check for yourself. This wallet was featured on Vice as one on sale by hackers for decryption in September. I got the info SUPER EARLY. The first really... thanks to follower D... minutes after... just I was checking info for you. Now we wait for major sites to figure out what happened. That's why I'm writing the wallet for them. as they want to act smart when reporting... here you go guys!"

Source -


1. The very first transaction received on the hacked wallet was of BTC69471 in April, 2013 -

2. The very first transfer done through the hacked wallet to 1PLbnu8oYYyyXftkCBW4so6KHNKkpnexCB with 0 fee was of BTC101 in April, 2015 -

3. The hacked wallet tested sending BTC1 to bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6 with BTC0.05775 as fee (over $800 as I'm writing this) on 04/11/20 -

4. The hacked wallet finally sweeps away the remaining BTC69369 to the same address bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6 with just $12 in fees for a transfer (move) of a billion dollars worth btc -

This is the power of transparency and a public ledger. And don't forget, we were the first and even the fastest news breakers (even before a professional crypto news website published it). Enjoy the low-side ride.
13  Economy / Gambling discussion / How far will you go when you sent btc to a site with high fee but... on: October 30, 2020, 12:32:54 PM
As I couldn't complete the question in the title, below it is:

How far will you go when you sent btc to a site with high fee but could not get it into the site because either the fee was low based on that time or they credit it after some confirms. Fee has become the talk of crypto nerds and everyone thinks that it is already so high. What will happen when price is high and miners increase fee, mempool is clogged and you have your favorite winning bet available right there on the table but your btc is in your wallet and you want it to reach the gambling site anyhow to bet and win? Give your valuable opinions as they matter.
14  Economy / Gambling discussion / If btc > $150k, will you still gamble it? on: October 29, 2020, 09:57:19 PM
After so much positive speculation, optimism in markets, accumulation by institutional investors, too many analysts predicting a new ATH for btc, let's say if everything goes good and btc reaches extremely high price, will you still gamble it? Or will you 'be able' to gamble it? Won't the fees distract you from using it in gambling?

Take the poll and share your opinion.
15  Other / Meta / With money, comes fame. True words. A "Thank You" message inside. on: September 30, 2020, 11:09:23 AM
This thread is a type of SALUTE to those highly-occupied and well-versed people in their own areas where they shine the most. I am talking about people like LoyceV, DdmrDdmr, TheBeardedBaby, Suchmoon and many others.

But, how does that relate to the topic?
Well, can't you see there is something common between all of them? Umm.. And what is that?

A classic service in its own kind, unmatchable till date and had been advertising on this forum for years now. To be honest, I don't think that it was just money that motivated these users to post superior quality posts but their hunger of helping the community with something new every single day is what brought them the fame they deserved. While there are/were some users who gained a lot of popularity through the Chipmixer campaign where this rule of 'With money, comes fame' applies, most of them have started from scratch and LoyceV, DdmrDdmr and fillippone are the three most mind-blasting examples of how they made it to becoming a Legendary from a newbie when merit system was already implemented. Chasing that rank had never been easier for them but their hard work paid them off, both via money and fame. Actually their fame is all because of their consistency in helping each and every community member in any way they can 'and let us not forget that these guys go deep down the ground to come out with a groundbreaking reply even in scam accusations area'. This is not about the merits, not the money and definitely not their fame, it is actually about their true level of hard work which made a lot of things at one place for a newbie or any rank member to just go through their posts and learn what they (newbies) lack in themselves.

P.S.: I am very much thankful for LoyceV's enormous work towards the forum and a sincere gratitude towards TryNinja's supernatural bot.
16  Economy / Service Discussion / Can I call this the "right way of mixing"? on: August 30, 2020, 08:54:38 PM
I have been sending my coins to some gambling websites and casinos which, at the moment, do not have my KYC and I think they won't ask for that in the future as my coin sizes and winnings are not so big.

So, what do I do?

I send them to a gambling site of my choice, play there and keep my coins there for some time, then withdraw them to another address which is fresh and new but on a different wallet that was newly created.

So how can this be mixing?

Well, I get a new address every time I send coins to my casino account. Next, I send those coins from casino to my personal wallet but the one that I create every time I need a withdrawal or else, I just send them to the exchange where I sell them. If I cut that exchange part, where is my identity revealed? And if I'm anonymous during this process, shouldn't I call this a way of mixing?
17  Other / Beginners & Help / BTC got stolen. Once again! :/ on: April 07, 2020, 02:06:08 PM
This may not be the right board to discuss this but I wanted to make you guys beware of what I went through, a few days ago. I was actually sick a lot due to which I couldn't come up with this to you quickly, but I downloaded a cracked version of Quick heal Total security and did exactly as that guy told me. Nothing happened to Quick heal and its trial just expired, what happened ahead was more shocking. I lost my BTC as my laptop got hacked and I had my seed stored in it somewhere. I would urge you not to save your seed and not even your private key inside a PC that goes online by getting connected to the internet daily. If you have a spare PC and have a highly secured OS installed, then only keep these things in it and always let it remain offline. Though, I would not ask you even to do that and just write down these things on a paper and keep it in a safe place, or buy some hardware that can store your BTC or a hardware material which can store your paper wallet.
18  Economy / Service Discussion / Do you know any websites allowing PAMM services in crypto? on: February 11, 2020, 08:40:46 PM
I had been a forex trader and I was fond of investing instead of trading myself, and so I found a way we call as PAMM (Percentage allocation management module) where we put our money on stake in a trader's PAMM account where he can only trade and keep the profits we agreed upon 'which already gets allocated to him after a successful profitable trade'. Are there any PAMM account services available in crypto trading too? Don't confuse PAMM accounts with copy-trading.
19  Economy / Economics / Bakkt is done? on: January 29, 2020, 06:45:41 PM
We were all waiting eagerly for its release and since it launched its Bitcoin options on December 9, a wave of happiness was spread among everyone that now BTC will be moon, now we will lambo and what not. But, what happened defines a very different story and we can't deny how badly the last 10 days went for Bakkt when zero trading volume knocked their doors.

Go there and read, how calmly the ICE's spokesperson said during a recent interview that Bakkt continues to see “strong” interest in both its bitcoin options and futures products.

If that is the case, why their working product is yet not being used since 10 days and why the volume of institutional investors is so low at Bakkt compared to CME futures?
20  Bitcoin / Electrum / Aware of this issue in Electrum while downloading 3.3.8? on: December 25, 2019, 05:18:17 PM
I tried to update my Electrum from v3.3.4 to v3.3.8 as I was suggested by Electrum to do so, from their website. I downloaded it and while trying to install it, I saw this:

Error opening file for writing:


Click Abort to stop the installation,
Retry to try again, or
Ignore to skip this file.

When I retry, it shows me this error continuously.
Will it be good for my wallet if I ignore this file and try to download the wallet anyway? Is there a solution for this?
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