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321  Economy / Trading Discussion / Re: Liquidity on: November 27, 2023, 07:26:19 AM
Any idea some tips ?
So, that's one of the important points that you have to pay attention to when choosing coin pairs and exchanges. You should not simply trust the liquidity information provided by an exchange without testing it with one small trade. This is usually done by shady exchanges to increase the visibility of newly listed coins.
322  Economy / Economics / Re: Central Banks keeping secret about CBDC blockchains on: November 27, 2023, 07:06:32 AM
Imagine If the non tested CBDC will fail something happens and all your wealth is gone.
I have no idea how that loss will happen, but I believe CBDC will be full government control. Tracking, transaction reversal won't be separated from its characteristics. The actual loss may not be due to the efforts of criminals, but by the authorities, for example to recover your "lost" funds, you have to pay some % in terms of "recovery fees/taxes" or something like that.
323  Economy / Service Discussion / Re: Frozen withdrawals at AutoHashMining.com on: November 25, 2023, 10:19:54 AM
In the interim, I'll keep updating this thread with my frozen withdrawals so we can all watch the seizure occur in slow motion.
Lemme guess early.
"Finally, they released my withdrawal, it's legit."

I think so. Roll Eyes
324  Economy / Service Discussion / Re: Frozen withdrawals at AutoHashMining.com on: November 25, 2023, 05:45:24 AM
How much is the loss?
It's just monopoly money and we know where they live. No loss at all. A win.

Quote
Most services like this are scams or Ponzi schemes in disguise.
Do you know of any legit ones at all? I hadn't played around with crypto for years and decided to try this service on a whim, blindfolded, mostly for fun, just to see what would happen. Still knee deep in scamcoin, I see! Smiley
So you know the game? you shouldn't open this topic because (I think) you know how you'll end up. Plus, people here wouldn't bother seeking experience with shady companies like you did if they knew.
325  Bitcoin / Legal / Re: Is the Bitcoin Lightning Network banned in Europe? on: November 25, 2023, 05:35:12 AM
What do you mean by: go through an instant exchange?
Exchange alt to bitcoin to use with LN across Europe. If you want to withdraw via LN like Binance, find here for DEX, instant btc><alts exchange that supports bitcoin LN. https://cointastical.github.io/Exchanges-With-LN/
I don't think European regulations can prevent you from withdrawing Bitcoin LN via DEX.
326  Economy / Speculation / Re: Bitcoin Illiquid Supply Hits An All-Time High on: November 25, 2023, 05:18:01 AM
The accumulation of 70% of Bitcoin remaining stationary for over a year is a significant milestone. Just think despite Bitcoin's rise from $15,700 to around $37,000 in the last 12 months, a vast majority hasn't budged. I vividly recall the November 2022 FTX crisis when Bitcoin's price plummeted, critics predicted its demise, and the media celebrated prematurely.

Holders of 70% of bitcoin seem to realize that it is better to HODL without worries, rather than getting involved in centralized service bullshit schemes. Besides, I remember what CZ said after the FTX crash more or less: "Your keys your coins". This is a scary statement for a centralized business owner but it seems to have changed the way of thinking of many people who are looking for the safe way.
327  Economy / Exchanges / Re: $86m+ stolen from HECO bridge. ANOTHER Justin Sun service HACKED on: November 25, 2023, 04:56:47 AM
I think this might be a bluff from Sun's part.
Sending messages openly isn't objective at all (if I were the hacker I wouldn't even feel threatened). If it turns out there are no positive updates after the message, the community perspective instead considers the message to be BS.
And yeah JS seems to be getting played with this 2nd hack. Let's see if other open messages will be sent as well.
328  Economy / Service Discussion / Re: Frozen withdrawals at AutoHashMining.com on: November 25, 2023, 04:23:05 AM
How much is the loss? Most services like this are scams or Ponzi schemes in disguise.
The site details on Whois are hidden, my assumption is that this is a new cloudmining that started latest September 27 based on the first review on Trustpilot[1]. If I pay attention to the one of 1-star reviews[2], this con seems quite selective. You are left to withdraw several times for small amounts before users deposit larger ones.


1. https://trstp.lt/LUwfU6AZP
2. https://trstp.lt/x-1GGPFsJ
329  Local / Ekonomi, Politik, dan Budaya / Re: kanapa warga aceh mulai menolak kedatangan etnis rohingya? on: November 24, 2023, 01:43:11 PM
Baru lewat di tiktok FYP tadi siang dari negara tetangga (Malaysia) kalo mereka melakukan demo menuntut pemerintah lokal sebuah wilayah yang mereka tempati selama mengungsi agar menjadi hak mereka, dari videonya seperti mencapai ribuan pendemo. Dan diketahui juga kalo sebuah pasar didaerah situ telah didominasi oleh pedagang dia golongan mereka. Netizen malaysia banyak mewanti-wanti Indonesia khususnya Aceh tentang kelakuan etnis ini. Kalo boleh bilang, mereka minoritas yang pemberani.
330  Economy / Economics / Re: Economists advise caution in trading in Bitcoin currency on: November 24, 2023, 01:18:35 PM
He said that now many people are investing in it for more money. In such cases, if these people suddenly withdraw from the market, many will be in danger.
People have repeatedly withdrawn from this market on several occasions, as they find the economic situation pressing. This is no longer about making a profit, but how to survive because their financial level no longer helps.
331  Economy / Trading Discussion / Re: Can we avoid tax on crypto trading in india on: November 24, 2023, 12:41:15 PM
if government ask for less tax we could have pay happily bus 30% tax is alot.
Until the latest information (as of June 6, 2023) that I read[1], tax on Bitcoin is not (yet) specifically regulated. I think there are many loopholes there, for example trading offline and/or not involving local currency. This at least reduces the tax rate to lower than 30%.


1. https://cleartax.in/s/bitcoins-taxes-india
332  Economy / Service Discussion / Re: Bit.store card on: November 24, 2023, 08:59:49 AM
I tried to use this virtual card on my Samsungpay but SamsungPay does not allow me to add it. GPay also not recognized this card.
They have 4 types of cards with different BINs (I think it's the Bank Identification Number). Not all types of their cards can be used in some of the services they support, but for now they're not as global as we think. Samsungpsy and GPay aren't yet supported for all card types:
https://bitstorecard.notion.site/What-services-can-I-use-with-Bit-Store-Virtual-Crypto-Card-f42aa45802be4fe8b2da983732561a32
333  Economy / Exchanges / Re: What are the chances of Binance shutting down now? on: November 24, 2023, 08:34:29 AM
CZ, on the other hand, is also fined $50 million. And he also paid a bail bond of $175 million.
Yeah about the personal fine, it doesn't seem like a significant amount. Btw, does Forbes accurately summarize the wealth of the richest peopleon real time? Once again I checked the forbes page, I was surprised that the numbers were that volatile. CZ's net worth increased by 50%. That additional amount is even enough to cover corporate and personal fines. Wth is this...
Quote
Changpeng Zhao

$15BReal Time Net Worth
as of 11/24/23

#188 in the world today
https://www.forbes.com/profile/changpeng-zhao/?sh=4d63d9a46277
334  Local / Ekonomi, Politik, dan Budaya / Re: Apakah kita percaya Pemilu 2024 akan berlangsung Tertib, berkualitas dan jurdil? on: November 23, 2023, 04:57:39 PM
Siapa objek pertanyaannya, penyelenggara pemilu atau para calon? Masalahnya, keduanya tidak menutup kemungkinan melakukan kecurangan.
Akhir-sangat terlihat jelas beberapa kubu sudah saling memanas, mulai dari black campaign, saling lapor, dll. Ini adalah upaya menjatuhkan rival mumpung belum naik ke "kursi" kandidat. Begitu pula penyelenggara itu sendiri terutama setelah di TPU, contohnya manipulasi surat suara.
335  Economy / Trading Discussion / Re: If i have 1k how to trade future on: November 23, 2023, 04:35:49 PM
Trading is an attempt to make money, so it doesn't make sense if it is without any risk at all even if you are in the spot market.
If it were me, I would start gradually from the smallest leverage (1x), choose low volatility pairs like BTC><USD and start with small amounts.
336  Bitcoin / Bitcoin Discussion / Re: Is\will Bitcoin become unaffordable to use? on: November 23, 2023, 04:14:19 PM
But even a $5 fee to make a simple transaction seems high. Even if it was only $1 it would be high.
If Bitcoin is meant to be an alternative to fiat, wouldn't the fees need to be only a few tenths of a cent to make it an everyday currency to use?
Yes, initially it is fine for small transactions, however bitcoin is not always a suitable alternative when it comes to amount of transaction. Actually you have 2 sending solutions here, using LN or a centralized wallet.
Bitcoin has been dollar indifferent since its inception, the famous term is "1BTC=1BTC". $5 satoshi today was only worth a few cents 7 years ago.
337  Economy / Service Discussion / Re: [V2] Big List of Crypto Debit Cards on: November 23, 2023, 06:35:34 AM
@NotATether you added the Coinbase card to the list twice, I see they're no different (or I've missed something).
You might also want to check out this No-KYC card Smiley https://bitcointalk.org/index.php?topic=5475083.0
338  Economy / Exchanges / Re: What are the chances of Binance shutting down now? on: November 23, 2023, 04:54:20 AM
Let's highlight CZ's net worth, https://www.forbes.com/profile/changpeng-zhao/?sh=37da17bf6277
Quote
Changpeng Zhao

$10.2BReal Time Net Worth
as of 11/22/23

#188 in the world today

That's an abundance of wealth to spend the rest of his life in any country. If we talk about ethics, CZ got this wealth from the company he has controlled for 7 years (including profits from the alleged illegal activities). Unless CZ only cares about herself afterwards, then he won't contribute even $1 towards the $4.3b fine.
339  Economy / Trading Discussion / Re: Bittrex shutting down: What can exchange do differently to avert this trend. on: November 22, 2023, 09:50:25 AM
We can see a lot going round about Binance.
You mean something they named it SAFU?
What you need to know is that CZ is now leaving the company as per today. I don't understand how you will follow in the footsteps of an exchange that is even more frequently threatened with regulation.

Quote
is Bitget
I've heard of that exchange, yeah here: https://bitcointalk.org/index.php?topic=5472656
340  Other / Meta / Re: Understanding Multiple accounts (newbie) on: November 22, 2023, 09:31:27 AM
from your explanation it means the rule is self contradicting and should be looked into for a rephrase. Because if its not illegal to own multiple accounts then banning all multiple accounts linked to a faulty user should be put in view. The rule can be rephrased to say one account to one user and owning multiple accounts at owners risk. Otherwise this rule is just self contradicting and should be open for review.
Creating multiple accounts is not illegal, and having multiple accounts does not increase or decrease your chances of being banned. The main and alternative accounts are one unit of you personally, and the object of the forum rules is you, not each account.
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