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1001  Bitcoin / Bitcoin Discussion / Re: effect of a million bitcoins on: May 22, 2023, 05:33:05 PM
No effect on the network at all, only I think if the sender is kind enough to set a very high fee for the miner's reward (as a billionaire) say 1000BTC for a single transaction, then it will probably be a record in bitcoin mining history using current price conversion.
1002  Economy / Economics / Re: Why you should use spare money to invest on: May 22, 2023, 04:59:43 PM
Not really, it's not even recommended to use reserve money while you don't have a stable income.

Back to before I got involved in the crypto space, I thought the term "investment" was something that only high-income people could talk about and do. Although in the end I can't deny that the presence of bitcoin really allows anyone to invest even on a small scale and indirectly removes the opportunity limits of people from various economic strata, it still can't change the fact that investing will carry risks that most can be handled when you have at least a secure financial condition.
1003  Economy / Trading Discussion / Re: scalping Bitcoin vs. other assets on: May 22, 2023, 04:34:06 PM
The basic question really is "what are the pros and cons of scalping on different market types and volatility", but as far as any asset has a trading leverage setting they hardly differ from each other in terms of risk and profit. Well, scalping itself has pros and cons which must be adjusted to your capabilities.
1004  Economy / Exchanges / Re: Hotbit stops operation on: May 22, 2023, 03:47:13 PM
They're the only CEXs I know of that have lasted longer in no KYC policy, while more established competitors have gradually increased their policies up to full KYC requirements.
Surprisingly since the last few days they breathed the air of life, they announced some new coins listed. I hope it's listed for free and not a last ditch attempt to withhold more user funds after this shutdown phase.
1005  Bitcoin / Bitcoin Discussion / Re: Can personality trait or ones DNA sequence determine ones success in Bitcoin? on: May 21, 2023, 07:33:16 AM
Every halving cycle, bitcoin has never disappointed either in terms of value or adoption rates. So basically the thing that determines success is time to gain awareness and consistency.
A well-known fact is that the average bitcoin OG has reaped their success because they were 10 years earlier in getting 2 of the above. But people rarely realize that the generation of 20 years and over considers today as the initial phase where they wanna go back at least to today to start something with bitcoin, invest, business, or whatever.
1006  Other / Meta / Re: Annoyed about a "bad" report, can the mod PM me? on: May 21, 2023, 03:49:15 AM
Reports as "bad" doesn't mean bad at all. As hard as mods try to be objective, they still understand the forum rules from their perspective and will handle reports their way. So, I don't think any evaluation should be given because I'm sure you're very careful with that report.

Your chances of getting a bad score will increase as you report more going forwardd, and it's actually good that time told you too earlier (if you think so) so you don't have the awkwardness of reporting more as your report score is no longer perfect Grin
1007  Economy / Trading Discussion / Re: Other Alternatives to Borrowing Money to Start Trading on: May 21, 2023, 01:04:54 AM
I thought this thread would give a real "loan" alternative, so it's about the compounding suggestion?
So, any suggestions for raising $100 with $10 on the spot market faster? None of the most recommended coins have an extreme 10x rate of increase in say 1 or up to 3 months, unless you have to bet some shitpump coins.
And don't recommend trading with high leverage, because the object of discussion here is actually novice traders. They need several $10 trials to get to $100.
1008  Bitcoin / Bitcoin Discussion / Re: A Decentralized P2P Bitcoin Network Cannot be Banned on: May 20, 2023, 01:59:46 PM
The government can only prohibit the services that facilitate it as long as it is under their legal radar, including p2p trading services which are generally a website. In fact it is a weak point that a decentralized system however needs a centralized element as a support facility, and it can be stopped only by an authority's order.

The part that's impossible to stop is that other pro-crypto countries are welcoming these kinds of businesses, which in turn will become an alternative for users from countries where crypto is banned.
1009  Bitcoin / Wallet software / Re: I want to migrate from Trust Wallet to another wallet. on: May 20, 2023, 04:16:35 AM
Trust Wallet is good, but my problem is that I sent some Bitgert from CoinEx to my Trust Wallet and my current Trust Wallet version (5.9) doesn't support the new Bitgert network and I can't update my Trust Wallet. I use Android 7.1.1 and I don't know why the new version of Trust Wallet doesn't support my device.
Does this method not work on your trustwallet?
https://community.trustwallet.com/t/how-to-add-a-custom-network-on-the-trust-wallet-mobile-app/626781

Just match to this entry:

Network name: Bitgert Mainnet
Network URL: https://rpc.icecreamswap.com
Chain ID: 32520
Currency symbol: Brise
Block explorer URL: https://brisescan.com

https://www.buybitcoinbank.com/cryptocurrency/add-bitgert-chain-brise-to-metamask
1010  Other / Off-topic / Re: Is it about morality or productivity in choosing to work from Home on: May 20, 2023, 04:00:48 AM
He sounded like he judged certain companies to be immoral. There are some jobs that don't have a physical office, such as a digital service company. I've read CZ write something like "where that day I was, there is my office".
All industries will want the work environment to be as comfortable as possible to make workers feel at home while maintaining production quality, even if possible they will place production machines in workers' homes. In the cottage industries around me, some types of work processes can be taken home.
1011  Economy / Trading Discussion / Re: What position you make more profit, buy or sell? on: May 20, 2023, 03:38:04 AM
I don't like either of them, they just work on the right trend. Drawing this conclusion actually requires some evaluation of trading results. Sometimes a person is always in a good mood when the market is trending up or based on his preference and analysis habits in the spot market where he more accurately predicts the next green candle, so he only opens long positions on every trade.

In spot trading isn't a selling position the most profitable? because it means the trader is realizing a profit after the asset has increased,
The op is clearly asking for a position in futures trading. There are no sell (short) positions in spot trading, because "sell" means ending the trade (no more positions).
1012  Bitcoin / Development & Technical Discussion / Re: Seizing Bitcoins Despite Having your Own Private Key. How this Work? on: May 20, 2023, 02:25:29 AM
Correct.  However, several people in this discussion have tried to say that it can only be done with the permission or consent of the original owner, for example:

When you're ordered under duress (any threat) to reveal your private key or to force-send your bitcoins . . .

So my point is that your bitcoins CAN be taken, spent, or frozen WITHOUT your permission if you are careless with your private keys and/or seed phrases.

Well, several people argued in the context of government seizure of bitcoins (as per the OP's reference) that in general they wouldn't bother hacking the owner's device to seize the owner's bitcoins without permission, in fact they could coerce anyone with the authority to get the owner to give permission like or not. This is a more practical way than waiting for the owner to carelessly store the privatekeys in random places.
1013  Economy / Trading Discussion / Re: How do I trade bitcoin? on: May 19, 2023, 11:52:03 AM
I prefer to use your country's local (regulated) crypto oriented trading platforms first, they generally also provide complete trading-oriented learnings and instructions in the local language. Also, as far as personal experience and lots of stories of people with problems with trading activities they'll get support faster because local platforms only deal with customers with the same nationality.
1014  Economy / Reputation / Re: Is ItsCrafty a bought account? on: May 19, 2023, 04:15:52 AM
I'm at a loss for words to respond to what you say.


just tried the new image hosting talkimg com for 1st time  Wink

Quote
If it has already been reported and no action has been taken, what is the point of reporting it again?
"Do not worry about your accuracy too much; one accurate report is worth many inaccurate reports."
1015  Economy / Scam Accusations / Re: Vastlikes.com - Scam on: May 19, 2023, 12:13:08 AM
I talked to the Livesupport after i used this page a second time by mistake.. The supporter was not able to find any of both orders i made (i wasn't sure which email address i had used

Well you're again making it difficult for support to identify your problem because even yourself dont remember your account credentials. This is a problem that you must solve yourself first to continue the complaint. Without the correct account information, (if I'm on the support side) I'll doubt you after 2 years, where all possibilities can occur, such as you might used data onto different tiktok accounts, so you can make complaint many times.

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but i was able to tell him the order date and to which account the followers have been sent to)
What does this mean, you got your foollowers? Consider changing the thread title as requested.
1016  Economy / Economics / Re: Kraken, UK trade body derides lawmaker description of crypto as ‘gambling’ on: May 18, 2023, 02:04:15 PM
They've taken an approach such as not or not involving expert members, easily dismissed the important fact that cryptocurrencies are functionally backed by technology with the paltry assumption "they 're at risk of volatility". But I'm curious more about how profitable the country's gambling industry is in terms of state revenue. Their indifference to taking the wrong approach sometimes leads to something bigger that's not yet known such as a policy "game" in favor of officials.
1017  Bitcoin / Development & Technical Discussion / Re: "Trustless Computer" on Bitcoin? Information/opinions? on: May 18, 2023, 01:29:49 PM
Just skimming a few featured dapps, the question is do they actually run on the bitcoin blockchain? Every time I click "connect wallet" almost all the dapps just ask for the metamask knowing it supports EVM multi-chain. And check out their explore page too https://explorer.trustless.computer

I don't know if I welcomed the BRC20 so badly that I didn't learn more about how it works.
1018  Economy / Reputation / Re: Is ItsCrafty a bought account? on: May 18, 2023, 12:28:51 PM
He was create a thread and he mentioned if he lost access to his account crafty on 2017 and when I verify the message, it's valid.

~
But crafty's active until 2022 and I don't see anything password or email change. crafty's claimed he's from US, he posted it on 2018, while ItsCrafty is from Pakistan.

But the claim isnt valid, ItsCrafty signs the message using an address that Crafty never used. And twitter account is certainly not strong enough for account recovery.
Just making light guesses, ItsCrafty was indeed created by the user behind Crafty and then either hand-transferred or hacked (but didn't bother restoring it) because it's only an alternate or temporary account.


Quote
Let's assuming his account was changed hands, some users will say there's no problem about it since the account don't have any positive feedback and he just want to make money in this forum. If he's not found cheated a campaign, I think we can let alone him.
If with reasonable evidence he is suspected of trying to recover an account that isn't really his, then that's a violation.
1019  Bitcoin / Bitcoin Discussion / Re: 2.4% People from Bangladesh Hold Cryptocurrency on: May 18, 2023, 12:02:08 PM
Bangladesh is one the countries where using Bitcoin is declared illegal by the government. But this number/stats say something we are going to get in the very near future. There was a discussion regarding cryptocurrency between some employees from Bangladesh Bank. They were hinting Bangladesh may legalize Crypto within 2/3 years. Maybe finally, it's happening.
It's necessary to look at the statistics up to the previous years whether this figure is a significant or reasonable growth every year. If the government doesn't see this as a threat, then I don't think legality will materialize so quickly.
Besides that, the local government is still trying hard to find an alternative to crypto (CBDC) since 2020[1] even though they are in turn implementing blockchain technology which has been trialled by local banks. It seems they will be selective towards some "controllable" cryptocurrencies at some point if they legalize crypto.

1. https://www.thedailystar.net/bangladesh-first-blockchain-based-remittance-service-launched-1958453
1020  Economy / Scam Accusations / Re: Wearing Double signature (Shan85) on: May 17, 2023, 05:11:54 PM
I guess yes because I've active in this forum for a year and never saw this cheat before.
This is new case for bitcoin paid campaign category. In the past I may encounter this kind of underhanded behavior in the token paid bounty category, especially if the manager accepts excessive participant capacity.

And I think that this time greed really overshadowed stupidity.
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