This is hard for exchanges ( Binance / okex / etc...) to have succeeded in their P2P platform since china has the RIGHT to ban their IP and make it inaccessible. And the force of State-owned companies is just too much for private (well, at least semi-private  ) companies to fight in mainland China. It's stupid of them to even consider getting involved in P2P in jurisdictions where centralised companies have been shut out. That's not what it's for or how it works. If they tried to sneak their way into the market all they'd be doing is delaying their eventual closure. By all means provide some tools. If you provide a platform then you're already toast even if you don't know it yet. |
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Are you one of them or do you just have a very high opinion of yourself?
I am truly astonishing in every possible aspect. There has never been an entity so powerful, poised, elegant and magnetic as I. I have zero problem with non native speakers. English users are well used to it being turned into unusual forms. What I can't be doing with is people who clearly don't understand anything and don't even know they're posting gibberish. What's worse is the ones who can understand it but don't care that what they're spouting is just there to fill some space. This forum has some good discussion of course. It exists in a sea of poo that has to be waded through. |
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Is this forum a good way to study/check approximately how many people are in it for the bucks though? I'm wondering due to the fact that there are a lot of people involved in BTC adoption and development who aren't active here, on the forum.
No. Many of the properly serious people have been driven away from here long ago. They discuss their serious business on more serious and selective channels. What's been left is a bunch of bots and silly sausages who don't even know how to abuse google translate properly. |
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“We need to acknowledge that the 21 million cap is aspirational,” said Walch. “If people decide to change that [supply] cap for certain reasons and enough people make that decision, the system will move to it. It’s aspiration, not reality.”
Honey, it's pure aspiration to expect enough people to agree on any change in anything, let alone the hard cap, let alone what it'll consist of.
I'll be dead or in nappies before this becomes a pressing issue. You young chickens can deal with it.
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"Carlos Matos from New York City New York..."  one of the greatest scammers of all time The funnny thing is I've hardly ever heard anyone say anything negative about him. I guess he's so ludicrous it's kind of hard to and he himself was a victim too, or so he claims. It's the other slimy fucking creeps pushing it on youtube who should attract everyone's ire. It looks like the law may well catch up with them. |
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I was trying to say the early adopters leaving should be looked at as a warning sign.
Who gives a shit? Many early adopters will quite naturally feel alienated from what it once was. It's also likely that many of them will have gone mad or embittered along the way. They don't have any magical abilities. They don't hold a secret truth. They arrived at a time that's very different and it's logical they may not like what they see now. No one else cares what they think. |
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I have well and truly never heard of TGBEX in my whole life, let alone any coins they've made.
Who are they? When was this created? Maybe I haven't been paying much attention.
Considering the track record of physical coin makers I'd need some fairly compelling stuff to give this the time of day.
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One thing that irritates me about that article is that it alludes to some vague "regulatory pressure" without saying what exactly is going on.
Presumably because they're so much more shitcoin heavy than somewhere like Gemini. There's the securities issue and there might be retrospective hassle from all the junk they've listed over the years. They may not have done anything wrong but they might be getting requests to cooperate with things. |
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What is the definition of 'spinning out'?
Is this a de facto letting go of it to completely new operators or just recasting it with a new arrangement in a new jurisdiction?
Circle are slowly becoming almost as good a contrarian indicator as CNBC so I guess this means alt season isn't far away. They got rid of their BTC retailing just before the opportunity to make hundreds of millions of dollars arrived. They bought this just as alts flew down the toilet in early 2018.
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All of this is a moot point, because there is no way bitcoin can or even would be banned globally. Laws could be passed, yes, but not by all countries and not all at once. It isn't as if bitcoin is heroin.
I think it's worth being conscious of how fragile the whole thing is. You don't need a 'ban' to put a major lid on things. All a government would have to do is make a handful of dirty phone calls to banks and that's it for several years. Silvergate Bank serves Kraken, Coinbase, Bittrex, Circle, Bitstamp and Paxos in the US. They won't have many or any alternate options even if the 'ban' is totally informal. Same goes in most other countries. Most of them have burnt their way through all the local places and have wound up with a tiny number of banks willing to take a chance. It's disappointing that it's still banks that are the choke point at this stage but that's the truth. |
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Put the seed on a bank safebox along with instructions. Then write a will. It is this simple lol.
Where I'm at there isn't a safety deposit box for over 200 miles. The few there are are rapidly being closed down as banks are saying there's no profit in them, that's if they're not closing down the entire physical branch which they're doing in the thousands too. Even if a few do stay open stuff like this can happen - https://www.nytimes.com/2019/07/19/business/safe-deposit-box-theft.html |
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I'm not racist, but would you trust a Nigerian crypto wallet?
I remember reading the US state department's advice about Nigeria which was basically - don't talk to Nigerians. I'm sure there are millions of lovely ones. It must be dead embarrassing to be from a country largely known for being filled with dodgy scum. Since the MMM ponzi was super strong in Nigeria the combo of a nation of scammers and a nation of the gullible is a pretty potent one. I noticed this place is hiding behind KYC as one of its excuses. https://cointelegraph.com/news/users-of-nigeria-based-crypto-wallet-lose-1m-in-alleged-exit-scamI expect that little gem to keep on popping up. |
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Most of the people I'm related to are richer than me so they can whistle for it. If I die suddenly then tough titty. If I die in a long, lingering and horrible manner I'll be spending most of it on being put down in a truly premier league manner.
If I did decide to preemptively sort them out I'm not going to dick around with unfamiliar companies. I'll cobble something together myself. Perhaps a treasure hunt of some sort.
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Countries banning it is exactly the opposite, and would not benefit bitcoin at alll.
It definitely wouldn't benefit it. It wouldn't kill it off either. In most countries a 'ban' would involve what China has done - forbidding banks from serving exchanges or known crypto transactions. P2P would continue to thrive. I guess the only issue would be how you'd decide the price. I guess it would also massively accelerate properly decentralised exchanges which would solve that one. |
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Cool and I thought that's a foot. Hahaha!
It is whatever you wish it to be. That's the beauty of art and since the man himself has merited it I think that officially makes me an artist. When I started this on this path, about four hours ago, I knew there'd be scepticism, adversity, self doubt and periods of great fear. Now that's all been put to bed and I'm open for business. |
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why would the russian law firm will give a deal that they have a way of returning the money but they will eat 60 to 70% of the funds that will be recovered. I just think its fishy and there is no longer hope for the victims to recover their losses.
They're a law firm. It's their job to extract as much money as humanly possible from any situation they wind up in. In this particular case they believe they have an in where other firms do not so they can rape the people who sign up with them. Whether them and only them can make this happen seems extremely debatable to me but who knows how truly rotten Russia is? |
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