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1401  Bitcoin / Press / Re: [2018-04-30] Forbes - Japan pushes exchanges to drop 'criminal' coins on: April 30, 2018, 01:10:26 PM
I'm not surprised either. Bitcoin anonymity was a big issue a while back despite being only pseudonymous, so it's not at all surprising that they'd have a bigger fit over fully anonymous cryptocurrencies. It's only a matter of time until the rest of the world follows in my opinion. It sucks, but hey, if you truly wanted to use a fully anonymous crypto, it would be a bad idea to route it through an exchange anyway. Those who are using them purely for anonymous utility shouldn't be hurt too badly.
1402  Economy / Economics / Re: USA Cuts 'Global Warming' Gases Faster Than Anyone, Media Ignores It on: April 30, 2018, 12:56:20 PM
It is not often these types of counter culture / different perspective pieces are published. With the exception of a few outliers, the media typically presents a united front to the world and pretends there is only "one rational view" on every topic. The recent outbreak of pieces like this one which break the mold and challenge the status quo could be considered significant within the grand scheme of things.

I hate to rain on this parade but I don't think this piece breaks the mold at all. IBD has very conservative political stances, and glancing at their articles make it seem like they have an agenda versus climate change and global warming belief in general. They're free to question whatever they want to question, of course, but to say they're right leaning is more accurate than saying they're challenging the status quo in my opinion.

As for the article itself, let's not forget that the Paris Agreement was signed just a measly two years ago. Despite where you stand on the issue, I think it's way too early to dismiss the advantages that it can bring, considering:

The Paris Agreement central aim is to strengthen the global response to the threat of climate change by keeping a global temperature rise this century well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius.

...there are still 82 years left in this century. I'd also like to note that the end goal for the agreement is to keep global temperatures from rising to the intended target, not necessarily cut down more emissions than other countries. It's not a race, it's about meeting a quota.

What I'm truly interested in is whether or not this can affect Bitcoin mining regulations globally. I know its consumption is nothing in the grand scheme of things, but it's an easy target for regulators.
1403  Bitcoin / Bitcoin Discussion / Re: Bitcoin Robbery on: April 30, 2018, 09:19:37 AM
robbery bitcoin using weapons? is not that bitcoin transaction online? how can it be stolen using weapons? is this a new way of digital currency theft?

Did you read the article? Lol. There was no Bitcoin transaction involved. Heck, Bitcoin was barely involved at all. Robbers basically posed as Bitcoin sellers, met with clients, then stole the money they brought with them to buy the coins with. This isn't digital currency theft, it's just your typical centuries-old run-of-the-mill robbery.

As far as this case goes, if you don't trade cryptos face to face, you have nothing at all to worry about.
1404  Bitcoin / Legal / Re: France to Introduce Lower Tax Rates for Cryptocurrency Transactions on: April 30, 2018, 09:01:23 AM
I don't see the U.S. doing this for cryptocurrency, though. Undecided

Maybe that's because the IRS actually seems to have the resources to detect and crack down on crypto tax evaders? The Coinbase move was a show of power, and they even have a partnership with Chainalaysis. They don't look like they would ease up at all.

If France doesn't have the same resources, then it makes sense for them to take such an action to collect more in taxes. I wonder if any more countries that likewise lack the IRS' capability will follow suit.
1405  Bitcoin / Bitcoin Discussion / Re: Should i give up or should i just keep chasing pavements? on: April 30, 2018, 08:46:47 AM
I personally believe that considering the heights Bitcoin has reached, $9k is nothing. It's also worth noting that Bitcoin has been able to hold around the $11k level in the past (two separate times if I remember correctly), so it should be relatively safe to say that it could easily reach that value again, if not even higher.

That being said, we're all speculating, and if you're happy enough with your gains, go sell. That's the beauty of Bitcoin; you do whatever the hell you want with it. My personal advice would be to sell some just to feel your gains, and keep some so you could keep chasing whatever pavements you have your eyes on lol. Best of both worlds.
1406  Bitcoin / Bitcoin Discussion / Re: Bitcoin Robbery on: April 30, 2018, 08:12:15 AM
Wait, do the robbers actually own Bitcoins they were claiming to sell? I mean, if I were a buyer in that set up, I would make sure I ask for a signed message from an address that actually had the coins I'd be trying to buy. This just seems like a massive mess that could have easily been avoided.

Then again, maybe the robbers do have "show coins", in which case there's really not much you can do other than avoiding face to face transactions altogether.
1407  Bitcoin / Legal / Re: Nasdaq CEO Adena Friedman said they are open to becoming crypto exchange on: April 30, 2018, 07:32:27 AM
As soon as the market and the ecosystem around Bitcoin have matured properly, which means that at that point we catched up on a lot of the potential that makes people go wild right now, the usage will adjust itself.

That's kind of the thing I was asking though. At what point would you consider the market and ecosystem mature? What requirements would have to be met? Wouldn't we need mainstream adoption or something close to it before things get to that point? Bitcoin is never going to be stable while it's as small as it currently is after all.

That's why I mentioned consumer interest; you don't really need adoption, you instead need to portray Bitcoin in a new light to drive adoption. I have no idea how to do this effectively though, of course, but I'm guessing improving scalability and ease of use through advances in technology is a very big step towards it.

Regulation is still very light touch, with the CFTC having oversight over Bitcoin futures, but not the underlying. Given the multitude of regulators, established exchanges would want clarity before proceeding. Classification for taxation is just one aspect of regulation.

Bitcoin Futures regulations would have nothing to do with them acting as a conventional cryptocurrency exchange though, unless they also plan to integrate that. I'm genuinely curious, what other aspects are there?
1408  Other / Beginners & Help / Re: The idea of justice in the forum. Ranking and grading system. Inspire Admins on: April 30, 2018, 07:17:14 AM
It's a little too complicated in my opinion. This is a forum at the end of the day, and in my opinion should be kept as lightweight as possible.

Also, what is it exactly that your system is trying to achieve? Trust was introduced to make trading safer, and merit was introduced to reduce the spam problem. What problem does this proposal solve?
1409  Other / Beginners & Help / Re: NEWBIE GUIDES for Pinned Threads and Frequently Asked Questions on: April 29, 2018, 03:15:07 PM
Hello can you help me please how to mention name of members in thread like you mentioned in last for credits.

Here's how:

1.Go to someone else profile example my profile.
2.Then copy the profile link url.
3.Write this codes.

Turns out like this:


This is wrong lol. This is the correct format:


It will end up like this: Moiyah
The easiest way to get a person's profile link is by clicking their name in a thread. The same is true even for your own profile link as clicking PROFILE doesn't give you the proper link.

Also, just so you know, this doesn't work like tagging in social media where the people you mentioned get notified.

This is also how you get a word/phrase to redirect to a link. Just edit the url and the word(s) between the url tags.
1410  Bitcoin / Legal / Re: Nasdaq CEO Adena Friedman said they are open to becoming crypto exchange on: April 29, 2018, 02:56:32 PM
I wonder when they would consider regulations to be ironed out though. US regulations seem to be pretty stable, with taxation even starting to be implemented strictly. It doesn't look like there are any impending regulations either.

The only thing that really needs to mature at this point is consumer interest itself. Most people still seem to see it as a way to make quick bucks when it could be a legit investment and a legit currency rolled into one.
1411  Bitcoin / Bitcoin Discussion / Re: The wave of cutting tax for Bitcoin & Cryptocurrency in Europe on: April 29, 2018, 01:42:51 PM
Pretty incredible. Developments like this really drive a wedge on the belief that all governments hate Bitcoin. I've always welcomed countries treating Bitcoin like every other asset because that's the fairest thing to do in my opinion, but I wouldn't be opposed to friendlier-than normal taxation.

I know it's very unlikely, but I do hope other countries follow their footsteps in this.
1412  Bitcoin / Bitcoin Discussion / Re: My favourite Andreas Antonopolos quote on scaling on: April 29, 2018, 12:52:50 PM
I don't think Bitcoin adoption is really comparable to the rise of automotives. I mean, it's money. Instant payments are already possible now even without its use. Decentralization is its key feature, and even then, I don't think it can change the world to the extent cars did; unless it really does end up toppling governments and taking over finance, of course. But yeah, that's just me nitpicking, which may also be due to my own lack of foresight.

I completely agree otherwise. If nothing else, it at least gives the common people more power and freedom, which is almost never a bad thing.
1413  Bitcoin / Bitcoin Discussion / Re: Hacker demands Bitcoin ransom on hacked website on: April 29, 2018, 12:26:03 PM
Is this for real? Lmfao I had no idea ransomware actually directed you to real people. I just assumed you were screwed whether you pay the ransom or not. But man, the payments must be running really short for the hacker to actually go with the conversation lmfao. All this for 0.025 BTC? Have some damn pride, man! You're holding his site for ransom!

This would be even more hilarious if ransomware weren't a plague. If I had no idea what Bitcoin was and had to learn how to use it to decrypt my files, I'd probably hate it forever lol. Did he actually pay in the end?
1414  Other / Beginners & Help / Re: What should be the primary valuation drivers of a cryptocurrency? on: April 29, 2018, 11:01:06 AM
i don't think it's about technology per se, although that probably has some indirect effect. for example, gold has very limited applied uses, but it has a huge network effect.

I would argue that that's only the case because gold doesn't really have one specific purpose. Cryptos, on the other hand, are created primarily to address the need for a trustless payment system, so I would say its raw capability to fulfill its primary purpose (which would be the underlying technology) should drive its valuation more than anything. Adoption and everything else should follow in theory, if we were in a utility driven market.

But yeah, instead we're in a market of investment and speculation, so it is what it is.
1415  Other / Beginners & Help / Re: Multisignature wallet services on: April 29, 2018, 10:50:45 AM
I presume some of them are using Shapeshift or a similar type of service to exchange to BTC and ETH and then protect it with multi-signatures from there.

There are usually multi-signature solutions available for the more popular cryptos, so I don't think they would route them through an exchange. That would kind of defeat the purpose of running a multi-signature wallet in the first place.
1416  Bitcoin / Bitcoin Discussion / Re: Major U.S. Regulator Voices His Support of Cryptocurrency on: April 28, 2018, 04:38:14 PM
Just yesterday, the U.S. Chamber of Commerce Center for Capital Markets where cryptocurrency was on the agenda. During this meeting, many regulators voiced their opposition towards digital currencies.

Is it really opposition when they're basically voicing their doubts that Bitcoin could prove to be a viable alternative over fiat? That's basically all the article said. I don't see pushing for ICO regulation as opposition either, considering how bad things have gotten in that area.

But yeah it does seem like Bitcoin is getting legitimacy by the day. Most of the doubts seem to stem from the current Bitcoin incarnation, but things are rapidly moving along that end so let's hope we hit a breakthrough sooner rather than later.
1417  Bitcoin / Bitcoin Discussion / Re: Roger Ver To Face Lawsuit on: April 28, 2018, 02:42:20 PM
It would be interesting to see what comes out of this. On one hand, Bitcoin isn't trademarked so it's free to be used by anyone, and on the other, selling Bitcoin Cash as Bitcoin is fraudulent. This will likely hinge on how misleading the court finds it to be, because it could also be argued that the customer must do their own due diligence in knowing that BCH is different from BTC.

I personally think it's borderline fraudulent and that such tactics must stop.
1418  Other / Beginners & Help / Re: Airdrops are collecting your Data... Stay Away!!! on: April 28, 2018, 02:23:09 PM
They will now ask you password directly. They will ask you to signup for and update profile on their website (I am talking about trustless token airdrops). You will signup with an email and password. They may also ask for mobile number for OTP.

Now with this email and password that you used with signup, they will try to login on different exchange. If anyone using same email password as his exchnage  email id and password, your fund will be in blackhole.  Grin Grin

I honestly never considered that these guys could be storing passwords in plaintext form. If this were the case, even if the exchange had the integrity to not mess with your data, they're a hack away from all of your accounts being compromised. Definitely use unique passwords on everything.

Another thing to consider is that the overwhelming majority of these are scams, so it's usually not worth it to give them sensitive data when they ask for it. Don't risk thousands for a few pennies.
1419  Other / Beginners & Help / Re: What should be the primary valuation drivers of a cryptocurrency? on: April 28, 2018, 02:12:37 PM
It should be utility and technology. That's what they claim to exist for after all, to provide the world with a decentralized option that could give centralized solutions a run for their money.

What it currently is though, is the potential to grow in value. People only care about technology and utility because it's a factor for price growth. Few people actually want to use crypto the way it should be used. It's kind of sad, but I want to believe things are only this way because the more traditional options are still, as of this moment, more convenient.
1420  Bitcoin / Bitcoin Discussion / Re: How cryptocurrencies emerged as a side product of digital cash on: April 27, 2018, 03:38:16 PM
After seeing all the centralized attempts fail, Satoshi tried to build a digital cash system without a central entity. Like a Peer-to-Peer network for file sharing.

After reading the white paper, I'm fairly sure Bitcoin is decentralized by design, rather than by necessity. It's not decentralized because Satoshi needed it to be, it was decentralized because Satoshi wanted it to be. It didn't aim to solve the digital cash problem, it aimed to solve the problem with the trust-based payment model and its over reliance on third party payment processors.

Digital cash itself should be fairly easy for a centralized authority to set up (look at Petro), but there doesn't seem to be any need for it at the moment with credit cards, Paypal, etc. being a thing.
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