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2981  Economy / Economics / Re: What is the strangest Fiat currency you have seen? on: February 23, 2020, 08:23:40 PM
Oh come on guys, do not tell me that THIS is the funniest thing you have ever seen ; https://imgur.com/iXDFr1R  . It is certainly the funniest looking thing out there, I don't get why you guys are sto strict about picking the ones with low value and all that fuss about Zimbabwe or stuff like that where people use bags of money to just buy one bread or whatever. That is something "sad" and not something "funny" in my own opinion but of course I can't say anything about yours, you are free to choose whatever you want.

I personally still think that Canadian dollar is the funniest thing I have ever seen, never seen any money in my entire life that looked so much like a monopoly money, its colors and design all looks like it is actually not a real money but a play money.
2982  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Good use for Laptops? on: February 23, 2020, 05:25:42 PM
Laptops alone can't do anything plus you are tiring your laptop out for maybe making few cents which will hurt you in the longer run since you will need a new laptop. You can literally make just a few cents a day at most and probably not even that much using everything on your computer, the hdd for hdd mining, the ram for gpu mining, the chip for computing, basically you can use all of its parts and still won't be able to make more than few cents a day, it is literally more profitable to go through couple faucets a day which won't tire your computer out at all and would still make more profit.

Depending on your electricity bill, you could maybe make a profit if you got cheap rigs that are second hand, if you want to be involved you should calculate those.
2983  Economy / Services / Re: [OPEN] DAVID CHAUM's XX Coin | Signature Campaign |Sr - Hero/Legendary Members on: February 21, 2020, 02:45:58 PM
Btctalk name: beerlover
Btctalk URL: https://bitcointalk.org/index.php?action=profile;u=152752
Rank:  Legendary
Merit: 1065
Current post count: 3031
BTC address : 1EjdmqPuZ8UskHsRA9LNQQMGyN119FQHrC
2984  Bitcoin / Bitcoin Discussion / Re: Curious About Bitcoin. on: February 20, 2020, 02:21:51 PM
This is a good sign for all of us, knowing the frequency of people searching stuffs about bitcoin means that they are gaining interest about investing on it. If this would continue, it might help us in making bitcoin's value go high once again, even higher than before. Bitcoin's value started great at the beginning of the year and let us hope it would continue on having good records so that we can all gain benefit from it. Let us stay tune too on the upcoming halving cause it is a great opportunity to increase our investment and make it more beneficial.


It makes me a bit sad that btc only means the source of income and speculation for people. It's not a good sign at all. It means that people don't really care about privacy or a kind of independence crypto brings with it.  Imho.  Undecided
There are millions of people which also means that there are millions of brains into the decentralized world of currencies. This might make a number of people fetch bitcoins only as a source of income or a digital asset to speculate but for some people, bitcoins also are a medium or maintaining privacy and sending oversea transactions in just a couple of clicks.

A lot of people are using bitcoins for their own benefits which make them more close to bitcoins. OP have just mentioned about Nigeria but there also are a number of other countries which have started significant growth towards bitcoins. This may lead for a betterment of the blockchain network.
2985  Bitcoin / Bitcoin Discussion / Re: What does Regulation really means? on: February 20, 2020, 01:35:54 PM
Just in case the government will revise the code, I guess they must also consider the citizens that are using it and at least help them liquidate their assets before the code is being revised in a legal way. They must inform and provide timeframes before they revise the law so the people who are use cryptocurrencies are well informed, well agreed and will provide cooperations.

It really is sad to find Bitcoin being regulated. Its purpose is slowly being dead and the cryptocurrencies have received the attractions from the government, enough for the government to notice it and control it. It's a government responsibility to protect their people from a bad thing.
Revising the source code of bitcoins to start regulating them might not be possible. The code has already been written and bitcoins already are been deployed on the same code. If the government needs to revise the code than they would actually need to generate a entirely new bitcoins which would be easy to track and would make things easier for the government but if this ever happens than this newly created bitcoins would possess entirely opposite characteristics than the real bitcoins. This would actually ruin the system.

Moreover, the governments are even now trying to protect their people by banning bitcoins. This is not what we all want so let it be as it is going on since the year 2009.
2986  Economy / Economics / Re: Is Bitcoin good for the economy? on: February 20, 2020, 04:53:08 AM
Limitations are good for the economy, the more deregulations happen the worse these companies get, there are some "economic liberals" in the world who think that liberal ideas of freedom and so forth apply to economy where a company can do as shady things as they can but that should be allowed because that is "liberal", that kinda already happened with China deals for example, the whole world started to make things produce in China and that powered China amazingly while keeping the people in our nations poor since all the jobs went to china whereas companies still made profit because they could make it cheap, instead of actually hiring people in our nations and allowing them to earn while making things more expensive but also quite accessible since there is not jobs everywhere.

Bitcoin could prevent that by removing all regulation problems and allowing people to use decentralized money without governments interference at all.
2987  Economy / Economics / Re: Using of Blockchain in Election on: February 19, 2020, 05:34:18 PM
Of course, blockchain could be a great system but you are forgetting that almost all the political leading parties of the world know the fact that they are not liked as soon as they take up offices, that is why they try to meddle with the elections as much as possible, if all nations had 100% voting with all the information out on the open with absolutely no election fraud at all, that would result with elections going to a different party every single time, this is not about left or right or anything else, whoever is the leader at that moment will lose their seat next election and whoever wins that will lose after that because politicians are politicians and they will never be loved by the 100% of their nations.

That is why I doubt anyone will be making blockchain voting something common in the world, there could be part applications but it will never be 100% blockchain based.
2988  Bitcoin / Bitcoin Discussion / Re: The transaction trust problem. Reputation ? on: February 19, 2020, 05:00:46 PM
Should we add a kind of justice/police to the bitcoin to make it really work in real world ?
If that kind of development will be possible then it will solve the exact problem but I am not seeing any feasibility for such development with respect to what are we are having right away and what we have achieved so far digitally.

One probable solution for the situation you mentioned could be a 3rd party bitcoin payment processor with dispute functionality.

We are already having lots of 3rd party payment processors like coinbase/xapo. If they implement escrow along with dispute functionality like how Paypal is doing then you may find easier solution for concern.

If you are not aware of how escrow and dispute functionality is working, please read further:
1. You and your seller must agree to use a same payment processor for your deal.
2. Seller agrees to send you product and you release funds to payment processor but it will not hit seller unless you confirm arrival the product.
3. If you fail to report about arrival of product for some notification period then funds will be released to seller.
4. If you report damaged product or non-arrival of product then funds will be locked and you need to prove yourself to get refund.
2989  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Making an experiment on BNB using my $2000 on: February 19, 2020, 02:30:29 PM
The idea itself is very wise because BNB will be used forever as long as binance exists and binance is such a huge company at this point that I do not think it will ever go bankrupt, however the target price of 1000 dollars looks a bit odd, I am not saying it will never happen, between inflation of regular fiat and the burning of bnb time to time, I am sure bnb will be 1000 dollars one day but that may take a lot of years, like 5+ years to ever have a chance to happen, which is why I would highly suggest you to drop your target price.

Right now, the price is small enough that if you adjust your target price to 100 dollars you could still make a lot of profit. So, go ahead and buy bnb with 2000 dollars that I would support but I would say sell at when it is 100 dollars.
2990  Alternate cryptocurrencies / Altcoin Discussion / Re: XRP ready to make an Epic rally... on: February 19, 2020, 01:54:06 PM
When people claim that XRP is "cheaper" I still can't believe how they do not understand the concept of market cap at all. It is the third biggest currency in the crypto world right now, how could you think that is is "cheaper" simply because one xrp worths a quarter when the marketcap is too much.

You can buy 1000 dollars worth of XRP which would be thousands of XRP however you are covering less of % for the total marketcap then say Litecoin or any other coin that is not eth or btc, there are millions and millions of XRP out in the open so you buying for "cheap" price doesn't exist, you just buy a smaller portion of the total marketcap than all other coins, that is the real truth.

XRP could go up or down I don't care anymore, it has been god knows how many years they have existed and god knows how many year we have been saying do not fall for this scam and people still do, so you might as well just get scammed and I can't save you anymore.
2991  Alternate cryptocurrencies / Altcoin Discussion / Re: At the end of the year! on: February 19, 2020, 01:23:05 PM
Do your own research should be required include some sort of other peoples opinion as well tho.  Let us say there is a coin that you want to check out and want to research about, maybe you cannot reach every single part of that coins details, you could know the broad general stuff but you may not find the little finer details of that coin.

What you should do is, first do not contact with anyone regarding that coin, do all the research by yourself that you can do but at the end when you know there is nothing you can research anymore, you should ask about the coin towards 2 type of people (to as many people as possible) one is the person who loves it and the other is a person who hates it. That way you get your own research, you get why others love it and you get why others hate it and you can check your research against theirs and see what you should do about it.
2992  Economy / Economics / Re: Countries and their own cryptocurrency! on: February 19, 2020, 12:32:05 PM
I have not even heard about most of these coins that you have mentioned, apart from the Dubai coin, and I don’t know others have been released yet. I thought the first country that will be releasing their own cryptocurrency would be China, though the way I see it they might delay the project due to the outbreak in their country. Countries should be sure be looking into creating their own cryptocurrency as that would help to increase the speed of transaction and also make it cheap and it easy.

With digital currency people wouldn’t have to carrying their debit cards or cash around, all you need in your pocket is just your smartphone with a highly secure wallet installed so that you can send and receive money at anytime.
2993  Economy / Economics / Re: Are crypto hedge funds still a good business? on: February 19, 2020, 06:54:53 AM
Mostly turned into hedge funds that already exist that has a side crypto hustle as well. There was no need to have "crypto hedge fund" type of deal so they basically got less and less people and some probably closed down or maybe just exists until all their customers leave. When there are billion dollar corporation who can offer you assistance on this and have been around for 30+ years for stock market purposes that means you could trust them more.

Certainly, they are the whole reason why the world is in a such deep financial crisis as well but if they have ruined the world for more profits, you might as well take up that profit yourself and get your share of the ruinage, otherwise you only have the ruins and absolutely nothing else to show for it.
2994  Economy / Economics / Re: Russia's Cryptocurrency Law - Initiation on: February 18, 2020, 07:41:55 PM
USA is definitely doing better because all other two have hard time making laws since they are ruled by just one government whereas USA has states and even tho there is a federal law in place there is none for bitcoin or crypto currency so that means one place could legit make it possible for people to buy and sell bitcoin freely and even pay taxes with crypto  whereas other place could totally ban it yet since you are in the same nation you could go to any state you want and deal with your business there and come back to your own state so basically it means if there is one place that allows something, it means everywhere else indirectly allows it as well as long as there is no federal laws banning that thing.

Partially accepting something is better than just wiff waffing around it.
2995  Economy / Speculation / Re: Scammers move 12k BTC - dump is comming? on: February 18, 2020, 06:28:53 PM
12 thousand bitcoins wouldn't hurt the bitcoin world at all, we have been on a 20%+ profit increasing right now with almost 3 thousand bitcoins sold per day that we know and can prove, there is thousands and maybe even more upon that as well that we do not see as well.

In the end sure a sell off worth $12k bitcoins would hurt the economy but there is no way it is dropping the price to under $5k, maybe it will drop it under $9k and that is all there is to it, look at ALL the buy orders right now from this price to $9k all around the market and you will see that there is tens of thousands of orders that are ready to buy when it goes down, just $12k would only create a wave of sale at the worst scenario but just with it by itself it can't do anything to the market at all.
2996  Economy / Speculation / Re: BTC made a move above $10k today due to this? on: February 18, 2020, 05:13:18 PM
I still think that bitcoin is a much bigger thing that just one exchange and think that maybe we are overreacting on just a simple maintenance however if that was the case, so be it. I personally was attributing the increase in price due to price has been going up recently anyway.

If price was regular and not moving and we have been at around $7k all the previous months without going above $10k, I would say maybe there was something about this that triggered an increase, yet we have been increasing for the past 1.5 months which is why I have stopped looking for reasons of bitcoin going up, it just does and that is the way it is nowadays, we are simply in a bull run where everyone thinks its cool to buy bitcoin because it will continue to go up which inevitably becomes true because of them.
2997  Economy / Trading Discussion / Re: Trading bot for beginner? on: February 18, 2020, 03:43:57 PM
I could say that I have used multiple bots so far and I can honestly tell you that any bot you use will no longer be a bot that is for beginners, if you are a beginner for bots but not a beginner for trading that means you can use them but if you are a beginner of trading you should first do it yourself and see what could be better for trading or not.

Just to give an example all bots have a thing they buy and sell for, it could be MACD or Bollinger band or anything basically and you should yourself first do it manually yourself and see what could be improved and what they are and only after you learn how the bot works and do it manually, if you are happy about it and think that doing that 24/7 without stopping would profit you, then you should go buy one.
2998  Economy / Trading Discussion / Re: What tools are not enough for you to interact with cryptocurrency? on: February 18, 2020, 02:03:48 PM
I always had an idea of where people could go for a passive income, the reality is that passive income is not that common and half of the things that are passive income are in reality a ponzi scheme or a scam in general and the other ones are not making you a lot of profit. Just to give an example go out and find the staking coins, all of them are either horrible bad coins or the good ones do not make you profit enough to make you rich.

I personally like waves for example but that is not going to make me rich and while it could profit me with staking, it could also cause me to lose if the price goes down, it could potentially go up as well of course but we never know that. So, a website that shows ALL passive income possibilities in crypto world would be amazing, not just staking, not just masternode, but ALL possibilities.
2999  Economy / Trading Discussion / Re: Do you use a trading Bot? on: February 17, 2020, 06:10:06 PM
Artificial intelligence can't really replace human intelligence because we are more precise and practical when it comes to trading that makes other traders don't trust these bots. Automated trading is really not the best option or solution for every traders because no one has become successful in trading from depending to it.
I realize that saying "artificial intelligence" makes the bots look cooler and I would honestly want something like that but what we are forgetting is that most of the "artificial intelligence" we talk about is basically machine learning, so they are not thinking to themselves and figuring stuff out in the way that a human does, we still give them some parameters and they change stuff according to what works and what doesn't work.

So, I would say they are still worthless when compared to human traders but at the same time not everyone can be good enough to be a full time trader, which means trading bots are good only if you do not have the time and if you are not a good enough of a trader to do it full time, so there is a niche amount they can be useful for.
3000  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: February 17, 2020, 03:36:44 PM
It was a weird week and I wasn't really aware that games were going on honestly until I happen to come across the game on TV suddenly. Arsenal finally had a very very decisive game for them, normally we were used to seeing them play like a mid table team that they are right now and we forgot that they were actually a good team before the season started and wasn't expected to be ranked this low, they showed what they were suppose to be this season in this game and not what they were like so far.

Tottenham also had a very rough game but they got away with three points, that is really good for them as well, they really needed it, considering how City has a penalty now and can't go to Europe, I am 99% sure that Tottenham will be there next season, at least they will if they continue like this.
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