I was searching how to earn bitcoins
If you were on the breadline and had two dollars left to feed yourself for a week, would you attempt to 'earn' more by going into a casino and betting that money? How in the name of fuck did this disconnect happen in cryptoland and how has it stuck around? Why is gambling still fooling people into believing it's a way of making money? It's a way for casinos to make money. By taking your money. |
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Joke aside,it's sad that poor underdeveloped countries refuse to adopt such a disruptive technology.
Places like that will be massively under the thumb of international banking even though they deny the average inhabitant any meaningful access to the wider world of money. It would be interesting to see what would happen if one of these places decided to go balls out towards an alternative system of finance. It's not as if the present system has done them many favours. |
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If this is not safe, none is safe
Nowhere's safe - full stop. It's big and established so it's saf er than some of the miserable dreck that shows up but that could all change in a second. OP, what do you mean by 'secure'? Do you want to store money there or are you worried about general hacks? |
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Can't find the link in that article confirming it but 9.7 times out of 10 when a country 'bans' Bitcoin it's telling its banks they can't trade in it or offer it for sale - which no bank on the entire planet does as far as I know.
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There should be a reason for the investors to pump these altcoins. So what will be the reason or a possible trigger in your opinion? Back in 2017, it was the ICO boom that caused the alt prices to go up like crazy (in particular, Ethereum went up by 10,000% in 2017). I can't think of a trigger happening anytime in the next 12 months.
I find it a bit odd that so few mention ICOs as one of the prime reasons for Bitcoin itself to pump in 2017. It was still the main gateway to enter altland. All alts need to be to bubble is alive and cheaper than BTC if BTC takes off properly. It might not sustain or be as epic but it'll happen. |
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I don’t have a single bitcoin in a Segwit address. Legacy all the way  I'm legacy too but only in case of sudden shitforks. The anyone can spend crowd are not convincing me. |
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It would make no sense for the people in the United States to be mass searching for some Bahamas Telecommunications company.
The Bahamas is on the US's doorstep. Tons of Americans will have friends and relatives there. I couldn't give a shit either way but maybe they're getting some automated message mentioning BTC when they try to call. |
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People are saying it's to do with the Bahamian internet and phone provider BTCBahamas. There can't be very many people in the Bahamas and no one else is going to give a fuck. Perhaps it's the diaspora checking whether it works as they try to get hold of relatives there.
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Here's an interesting angle from Nick Szabo - https://twitter.com/NickSzabo4/status/1169848736819773440The gist is a confirmation is only truly secure when a double spend becomes economically unproductive which means 40-50 days for a tx of this magnitude. It doesn't really make much sense as they'd be double spending something rendered worthless by the double spend but still worth pondering. |
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It's utterly meaningless. Back in the day a good pizza in Italy would cost you 20,000 Lire. So what? Its economy was not a smoking ruin. It had a currency with a dot that coulda done with being moved a few places to the left but they couldn't arsed.
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What is it with these big movements and massively wasteful fees? Is it a macho thing? 1/100th of that fee would've moved it just as rapidly. I presume the sender was monitoring his sex slave's minge and set the fee at optimal wetness.
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Posts are shitposts only if they have bonds with financial benefits. In WO, posters don't have post quota, because of signature disabled in WO. So, I don't call any posts in WO are shitposts. They are funny, yes. They are non-sense, yes. But none of them are shitposts. And merited posts in WO are good examples of how users can use their smerits.
I feel a teensy bit ambivalent about it sometimes. It's become something of a feedback loop. There are some great posts but also stuff that gets the hell merited out of it there wouldn't get a second glance elsewhere. And something can totally be a shitpost without any financial incentive involved. Sometimes shitposts exist with the, deeply wrongheaded, idea that they're increasing their impressiveness for a future application for something. Or they simply have heads filled with shit. |
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interesting narrative but there's no evidence for it besides the coincidental timing of the winklevoss ETF rejection.
Check the charts for March 10th 2017, the day of the rejection. ETH kicked off not too far off the second the verdict came through. Within less than a week ETH's price had doubled to level it had never been anywhere near before. They were holding their breath. If it had passed ETH and others would've shat themselves to pieces and BTC would've exploded for a short while at least. Now ETF news is pure meh. At that moment there was nothing more awaited. |
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When altcoin season eventually arrives, basically every coin still listed on decent altcoin exchanges will get pumped at some point. That's what people around here don't understand. They keep trying to apply rationality to an irrational market. Nobody gives a shit about fundamentals during a bubble. New money is just desperate to get into something, anything, before it's too late.
The comparisons to the dotcom bubble (as if it's already happened) don't make sense. The altcoin market is in a much more nascent state then that. Clearly there is no Amazon or Google or Facebook. This is probably more like the pre-Yahoo stages where everything is still complete shit. I think it's simply crazy to assume the market has already "matured" and that over-speculation is unlikely to continue.
The bolded bit is v interesting to me. I well and truly can't believe the current crop of exchanges is where the market will settle. The money required for something dotcom sized will be on established channels, not new ones. I don't believe those types of places will have the slightest interest in listing all but a handful of alts. The days of a one page website and white paper shitcoin being exposed to the premier league are dwindling and probably gone already. We're heading towards a two tier, or multiple tier, market. There'll be the super casinos glittering up front and the grind joints lurking in the shadows. |
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The true irony would be Scotland leaving the UK "because independence" and then joining the EU.
That's what they would want. The majority voted to remain. All the talk of Churchill, 'winning' and 'taking back control' has been English. The English have saddo delusions of prior glory. Scotland wants to be small and prosperous. They've consistently aligned themselves more with Scandinavia. Scotland has always been more intrinsically European. They actually like French people for starters. |
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they passed an emergency law to make brexit illegal without a deal with EU which they are never going to get.
They have one. Parliament didn't like it enough three times in a row or whatever it was. Johnson is a detestable slug who'll do or say anything anyone wants to hear. For once he can't hide behind his 'charm' or lie or ignore his way out of whatever adversity he usually brings on others. Ain't nowhere to hide for once. For once a reasonable proportion of his party chose the national interest over the masturbatory fantasies of a few hedge fundies and deranged pensioners. Many of the 'traitors' are committed Brexit fans who know useless blag when they see it. Still doesn't solve anything though. |
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Well "created" is a strong word for one of the platforms involved.
Let their cut and paste of Bitmex's terms not be forgotten. Then again I think plenty of Bitmex was ripped off from elsewhere too. https://twitter.com/CryptoHayes/status/1169121781149569024It kind of makes you wonder what other corners they're cutting behind the scenes. |
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Almost every cryptocurrency exchange during its existence is attacked by hackers and make fraudulent actions, this is not an indicator.
Yes it is. Places like Bitstamp and Poloniex have been hacked. No customers were expected to bail them out and they moved on from it without any outrages since. It doesn't matter for some fuckhole like Yobit. It certainly does when an exchange and its offspring makes up a huge part of the market. |
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