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2261  Bitcoin / Bitcoin Discussion / Re: What's happening in The Central African Republic? on: February 10, 2023, 01:59:43 PM
“There was no not even a single business that accepted Bitcoin. I gave my guide a tip in Bitcoin. I paid my host in Bitcoin.”

Hmm, this line is a bit contradictory
Not a single business accepts Bitcoin but he did pay in Bitcoin, so they can still deal unless that host thing was also just extra, and the main fee was paid in cash.

It's ridiculous the government don't want to buy Bitcoin using their fiat money, but they're trying to buy Bitcoin using their own centralized token which the funds will come from foreigner's funds.

I don't think it's ridiculous, it's the only way to fund that!
CAR doesn't have money to buy Bitcoin, funny thing, is they can't print money thanks to the CAF so their only way is to print virtual money and get real hard cash or coins in exchange for it. Either way, Sango is a failure.

Everything has been working alright

This is what I'm asking, what was working alright since we had no news after the law made it legal tender but we had those two articles which I quoted above where it seems they've backtracked on that issue. Well, I do understand the lack of information, with the current situation as they are more interested in war and disputes than building something is no surprise the number of tourists is probably abysmal.
2262  Economy / Service Discussion / Re: What after localbitcoins.com shutting down on: February 10, 2023, 01:40:15 PM
dont act as a spectator, be a player than probably your comment would matter..

Exactly what I'm doing, not acting as a spectator and reminding people what kind of hyena is now spamming around here

There is a KYC free alternative to local bitcoins. It's called Particl marketplace.

LB was an exchange, not a marketplace, the two are completely different.
LB was used exactly because it was easy to deal with it, you would just look at the prices, decide from who to buy and which method, and at least here in EU with instant national transfers you could get your coins or funds in minutes and finish the trade.
That's why some don't get why other solutions are not getting traction, as the situation is now fewer people care more about privacy than about how fast and easy things can be done, that's why Bisq has dozens of traders and Biance p2p thousands.

I do not have charts for trading volumes, but the platform seems profitable, perhaps their profits decreased and therefore they preferred to stop rather than the platform dying, but the advertisement is somewhat strange.

Most likely.
https://coin.dance/volume/localbitcoins/ALL
Their volume went down as BTC went down, from the 45 mils a week to 6 mils a week, at some point maybe the profit from it simply doesn't make sense anymore and you're better off just quitting. Assuming they are getting 1% of all that volume it would be $3 mil a year, with 50-100 highly paid employees in Europe as they claim just the wages and taxes and rent would drive that to almost zero. If he's an early adopter probably he has 100x more than what would be left over a year stashed in BTC already.
2263  Economy / Scam Accusations / Re: Ponzi SCHEME Bitnaka on: February 10, 2023, 12:42:32 AM
And how could such prestigious company who promised hundreds of thousands of dollars only have an initial capital of 100 GBP? And only one registered staff? I thought you said you have a team of professionals?

Oh, nice one, you made me look over at the staff name, and that one does ring a bell

BITNAKA LTD
https://find-and-update.company-information.service.gov.uk/company/14170123/persons-with-significant-control
Mr Kendrew Greg
Date of birth
December 1991

BIT NOVA INC LTD
https://find-and-update.company-information.service.gov.uk/company/13759030/officers
GREG, Kendrew
Date of birth
July 1991

TRADENANCE LIMITED
https://find-and-update.company-information.service.gov.uk/company/12005884/persons-with-significant-control
Mr Kendrew Greg
Date of birth
July 1980

I find it interesting there are 3 ponzi schemes (two which have already exist scammed) run by three Kendrew Greg with different birthdates.
What a coincidence!

we have research abount bitnaka company the Bitnaka limited is working with trading bots they have created 6 bots



What a coincidence! Again!  Grin
2264  Economy / Reputation / Re: Discrimination against bounty hunters on: February 10, 2023, 12:00:45 AM
What will happen if all or majority of the bounty participants stop participating?
How do you all expect the managers to survive without having those to participate in the work they bring?
Do you think project teams will keep on paying managers without seeing impact of promotion?
How can people be aware of new and upcoming projects without bounties?

What will happen if all countries ban cryptos and prices plunge to zero?
What will happen if Theymos is arrested and the forum is seized?
What will happen if Satoshi comes back and says this is Bitcointalk, not Altcoins talk, and trashes the entire section?
What if Musk decided that all those accounts involved in bounties are against the ToS and bans every single one that is caught spamming 100 posts a day?
How have 7 billion survived to date without bounties, how is the entire world still spinning around even if "projects" are fewer and fewer and the payments lower and lower? You have some really weird egocentric view where you think this is the only way for things to still go on and the only way for some people to cling to hope for the better and a "raison de vivre". Well, it's not!

As for how can people be aware of new projects, hmm, how many bounties has Satoshi run for Bitcoin? Has Ethereum also run a bounty here?
We have 398 pages of bounties, do you think you can make more than one page of topics of coins that are still alive out of those?
You see, anyone can fire one hundred questions just as you did, do you have an answer for all of them?!

Let respect their choice.

Respect is earned, not given!
LE just to make sure:
A guy that wakes up at 4 am for the crappy low-paying job he has and does this every day without bickering once has all my respect, a guy that makes clicks 100 times a day and demands respect for that will not have any of it!
2265  Economy / Service Discussion / Re: Mining on cryptocurrency. on: February 09, 2023, 11:21:04 PM
   Who has been mining any cryptocurrency and have succeded in withdrawing his money, cause I have minied so many cryptocurrency for past years and presently now, but has not have access in withdrawal.

A lot of the guys active here in the mining forum, who actually own their gear?
But yeah, pretty obvious what happened, and sad that it's 2023 and there are still users falling for cloud mining scams.
I don't really want to sound harsh but how have you let this happen for so long and haven't learned that "mining" where you buy packages on shady websites that promise you great returns is not mining at all and just scams?

With mining is the same thing as with bitcoin:
Not your keys, not your coins. Not your miners, not your income.

Now, about the bolded part, we can already picture what kind of site that is, but do tell us, what's the name and adress?
2266  Economy / Service Discussion / Re: What after localbitcoins.com shutting down on: February 09, 2023, 10:59:16 PM
You couldn't wait for this moment to shill your coinbaazar exchange, could you?

I've once read that hyenas are very patient, seems like the humanoid type can't even half a day before trying to get a bone, even if the victim is still moving.
I knew the name looks familiar, no surprise:

Second, when checking the forum about "coinbaazar" in the last year there are only your posts and your previous sockpuppets topics , 3$ for sending my details to some shady LLC that uses 10$ fiverr videos to promote itself as some reliable company, no way.
Btw, I've seen this guy in 20 videos by now, is he that cheap?

The exchange with sockpuppets bumping a dead topic, a Fiverr presentation, and photoshopped pictures did I forget something?

It's been several years since I last used them but I'm sad to see such an advertisement, they don't give any details about the reason for the shutdown and blaming Crypto Winter seems like a nonsensical argument.
Does anyone know more details and whether it is related to a regulator or exposure to bankrupt platforms?

It's not about exposure, is dying volume overall,  far more competition and getting things even more complicated is the fact that they were dealing in BTC only, buttimes have changed and more users with a ton of coins want to swap in every kind of token, not something they built their business for.
2267  Other / Meta / Re: Selling bitcointalk account is allowed? If not, the post should not be deleted? on: February 09, 2023, 10:37:40 PM
For why I have created the topic so that Mods think again if something needs to be changed.

It's not Mods who have a say in this it's Theymos and the last time he touched this subject (as far as I know) his opinion was that even if we would attempt to cut on these kinds of trading happening on the forum they will just move over in private deals, so, there you have it. And from the number of accounts we run into every day that have changed from speaking perfect English over a long break of a few years to being active only on local sub-forums, I'm pretty sure a lot of them those deals are indeed not happening through opened topics.

Besides, when you say these harm Bitcointalk directly, so do HYIP schemes as obviously it's going to be forum members who get tricked but we still have a section full of them.
2268  Economy / Gambling discussion / Re: What most gamblers do. on: February 09, 2023, 09:23:32 PM
I want to ask a question. And I need serious answer from this forum, and my question is WHY DOES A GAMBLER DON'T HAVE A SAVINGS.

You're generalizing and this is never a good idea.
There are a lot of people from everywhere that don't have savings without being gamblers, the same thing is the other way around, there are enough gamblers who have more savings than the average non-gambler:
https://www.bi.team/blogs/dealing-new-data-what-bank-transactions-can-tell-us-about-gambling-behaviour/

Quote
A new survey has found that 29% of Europeans don’t have any personal savings, neither do 16% of Americans nor 23% of Australians.
vs
Monzo’s below-average gamblers contributed 42 times as much money into interest-earning savings accounts than they spent on gambling, while above-average gamblers contributed only 0.1 times as much as they spent on gambling.

Also, since you're a gambler yourself, does that mean you don't have any savings also?
Quote
I just stick real Madrid to win Valencia with my last $100 and the odds just increased wooo
Hmm, look who's calling the kettle black!   Wink



2269  Bitcoin / Bitcoin Discussion / Re: Cashless Policy & Redesigned of Banknotes Make Citizens to Use BTC in Nigeria on: February 09, 2023, 08:50:16 PM
Still, I can't understand what the monetary policy of the Nigerian government in the field of non-cash payments actually has to do with the restriction on the issuance of cash to the fact that citizens will start using bitcoin en masse.

It's always the difference in how people see some news.
Some analyze what is happening, some are predicting what's going to happen and some are wishing something to happen because of this.
The Bitcoin adoption triggered by this mess is in the 3rd category and with small chances of changing to the second, as it lacks a lot of things.

Unfortunately, it's obvious is not happening right now, if any kind of migration would have happened since January from cash to BTC it would have been easily seen in the blockchain, there is no pick-up in transactions pace and the only increases happened exactly when the price was going up.
We have 200 000 000 people, assuming only half are getting some kind of payment and assuming again only 1 in a thousand would use BTC instead of $ you would still have 100k extra transactions in the chain or a lot of increase in LN funding, that ain't happening either.

Way to early to claim victory over traditional systems, when people area already familiar with digital payments the plan can be ste in motion but with them craving that much for cash I doubt they would want to embrace anything that is digital, be it CC or BTC

It could have saved me, unless the person doesn't trust Bitcoin transactions. If I see a transaction being sent out successfully and it's waiting for confirmation, I can easily let go of the sender because I'm 80% certain that the transaction will reach my wallet.

Pure curiosity, why 80% and why not 90% or 70%?
Also, if my clients would come each with a 80% chance of paying me I would probably close shop and think of a different career.

2270  Other / Beginners & Help / Re: Crypto transaction aggregator for income tax purposes on: February 09, 2023, 08:32:41 PM
I nosed around on Gemini, but don't see where to find an API key.  I don't have any crypto on there at the moment because I sold everything on there and moved stuff elsewhere.

Never used Gemini so I don't have an account there to check if the video is up to date but you can give these instructions a try:
https://koinly.io/integrations/gemini/
Also this is from Gemini:
https://support.gemini.com/hc/en-us/articles/360031080191-How-do-I-create-an-API-key-

As for actual balance, it doesn't matter, they are required to keep your data exactly for this purpose so you'll probably be able to get all your history with no problem.
2271  Bitcoin / Project Development / Re: Electronic devices that can detect wrong wallet on: February 09, 2023, 07:27:27 PM
somebody sent Bitcoin to Bitcoin address given and since a week the person insist of not seeing the coin and not even showing a sign of coin is on process and he complained to me.

It's easy, have him give you the tx id!
I have a feeling this might be either a case of scamming or somebody had his computer infected with some clipboard malware.
Every transaction that is valid will appear in the blockchain, if he sent coins to somebody it will show where those coins went!

That aside, there is not possible to build a program that will automatically detect if the address you want to send coins to is the address your friend sent you via telegram or email, or any kind of new address generated by your exchange, in order to make sure you only send coins to selected addresses you will first have to insert them in that program's database so it will know them, which brings us to the address book NotATether mentioned.
2272  Economy / Exchanges / Re: Localbitcoins closing down on: February 09, 2023, 06:59:23 PM
From what I could see as stated on the official website of the localbitcoin.com is that the team is working on renewing the site by adding more features which will equally take months before it could be completed, as I didn't see any sign of it closing down, because I think maybe O.P may have misinterpret "renewing" to be "closing down".

It was already posted, here is the announcement
https://localbitcoins.com/service_closure/
Also the Twitter announcement a few hours ago:
https://twitter.com/LocalBitcoins/status/1623683223178862593

With a quarter million views in a few hours, it did trigger quite the reaction so it wasn't like LB was a deserted place, it still had users but probably they saw that the end is near and they have no chance of growing their activities even with a price increase. And maybe thy;ve made enough and had enough BTC stashed aside that any future gains from fee would simply not make sense compared to the headaches from the regulations they had to follow.

Still, not the news one would want to read.
2273  Bitcoin / Bitcoin Discussion / What's happening in The Central African Republic? on: February 09, 2023, 06:46:50 PM
Everyone is talking about Salvador but there is almost no interest here from the other country that has adopted Bitcoin, little news coming from the Central African Republic, and I was quite surprised when visiting a topic I happened to come across this piece of news:

https://cointelegraph.com/news/central-african-republic-eyes-legal-framework-for-crypto-adoption
Quote
A 15-member committee is tasked with working on a legal framework that will allow cryptocurrencies to operate in Central African Republic and expedite the development of the national economy.

All nice and so on but, wasn't Bitcoin already legal tender here, so what kind of "framework" do you need to approve?
And then, this thing :

https://african.business/2022/07/technology-information/what-you-need-to-know-about-the-central-african-republics-adoption-of-bitcoin/

Quote
On 26 July the Central African Republic (CAR) froze the application of its law adopting bitcoin as an official currency alongside its local currency, the Central African CFA franc, until the the Bank of Central African States (BEAC) issues regulations for cryptocurrency throughout the Central African Economic and Monetary Community (CEMAC).

https://www.theafricareport.com/226880/car-backs-down-from-implementing-cryptocurrency-law-in-exchange-for-beac-engagement/

Quote
Bangui agreed not to implement its cryptocurrency law in exchange for BEAC regulating crypto assets. This common ground was reached in Cameroon’s economic capital Douala on 20 and 21 July. While the worst was expected, the CAR came out of it relatively well.
No implementing decree
“Bangui has undertaken not to publish the decree implementing the 22 April law. This is equivalent to freezing its implementation. In return, it will have to wait until the BEAC develops a regional regulation on crypto assets to comply with it,” says our interviewee.

There is a complete gap in news from July and I really can't find anything about the current situation, so what is from a legal point of view the situation right now there? I know we have quite a few users from Nigeria and other countries in the area but do we have members from CAR around? Would be interesting to hear from somebody who lives there!
2274  Economy / Economics / Re: Sanctions at work:Russia posts its second highest deficit in the post-Soviet era on: February 09, 2023, 03:24:03 PM
Regarding the deficit posted by the Russian government, I don't have the slightest of an idea how close to reality those numbers are. Is there some halfway reliable option to cross-check that?

Since the numbers I've quoted came from Russia itself:
https://tass.com/economy/1572381
double or triple them for the deficit, cut them in half for revenue and you're close to the truth.

In fact, everything is easier....
~
Rubles, unlike Bitcoin, are not an international freely convertible currency.  Outside the territory of the Russian Federation, they have no value.

Again it seems like you're missing the important point here.
If it's hard for you to buy stuff from people just because of the ruble converting issue, won't be just as hard to buy bitcoins with the same rubles?
It's simple logic, if I don't want to accept litecoin in my shop for coffee no way in hell I'm going to sell you my bitcoins for litecoin, right?

I would even go so far as to say that Bitcoin's market cap and trading volume as of today are also indicators that the network is used to cover certain needs like circumventing sanctions. ~ The trading volume we currently have is politically relevant.

Trading volume is meaningless, you can have a look and compare the daily volume of Forex markets with the actual value of goods traded each day.
Forex does around 8 trillion a day while all global annual trade is 22 trillion, so 1/100.
Besides, those would be on-chain events and for on-chain volume in $ value is still the lowest since 2020.

2275  Economy / Service Discussion / Re: All you need to know about Mixer before using it on: February 09, 2023, 03:12:09 PM
i agreed with you neuroticFish, actually there are many mixers there in the market which i already mentioned in the link below the section of MIXER.

Ok, I know from the start I'm biased here when it comes to a list of mixers, for obvious reasons, but I'm still curious how and why did you pick those three as examples. Let's go over the fact that you previously ignored the biggest and oldest, which makes this look like writing a review on e-commerce websites without amazon, but again, out of pure curiosity why those 3? I've never used them, I can see they are not the oldest around, not the cheapest, it's obviously not alphabetically order so...

Don't get me wrong, I just want to know to understand what people look at when reading or exploring a website what made them more attractive than others, and had you pick them from LeGaulois list?

One more thing, Tornado for example is not for BTC so you might update the lists by differentiating the coins they support
2276  Economy / Reputation / Re: Isn't that cheating? on: February 09, 2023, 02:55:54 PM
Another thing off topic that bothers me is how bounty hunters say "I worked hard". This is the funniest thing to read because I in fact know that it literally takes 1 minute to like a tweet, retweet it, and share the link. There is nothing hard about it. The same thing goes for facebook. Things like articles aren't even very hard because most just copy the info from the company website and post it to various other social media sites.

There was a topic about quitting your daily job to do bounty hunting, I can't remember the exact title and the keywords are not helping me but there is another funny one with Pain of bounty hunters
That's one hell for the topic, with some claiming that was the hardest job they've ever had! It's hard work clicking the same button over and over and over!

I hate to say it but bounty hunters are mostly a waste of a companies time.

Probably a few years ago it was working but I really wonder nowadays if all those re-tweets and likes and posts with zero real engagement are actually helping even one bit, I've checked lately what Twitter is doing and it seems they are trashing these kinds of activities and hiding them at the bottom of the pages even if they have the tags you were searching for. Maybe as long as you pay them with money you print yourself at no cost probably they don't care about the results but those must be minimal.

Yep, it really looks bad. Add on that anonymous team and you get the recipe for a disaster.

Let's just hope it will be small scale one, the fact that they are not paying the promised share makes me think they haven't got enough money from "investors".

2277  Alternate cryptocurrencies / Altcoin Discussion / Re: Mysterious BNB Address holding Millions of BNB on: February 09, 2023, 02:27:04 PM
Did you guys have any information regarding: 0x0000000000000000000000000000000000001004

Nothing mysterious is BNB TokenHub used for cross chain
https://docs.bnbchain.org/docs/learn/system-contract/

I have seen that many users have lost their funds and they comment to send it back, but there was no response from the address holder.

They should contact Binance not post comments on a website.


2278  Other / Beginners & Help / Re: Crypto transaction aggregator for income tax purposes on: February 08, 2023, 11:23:41 PM
How do they work?  Do you have to go into each exchange and download transaction history, or can an aggregator access various exchanges (given user id info, etc.):

Koinly for example works by providing it with your API key from Binance or Coinbase or other exchanges, at one point least some of them had also the possibility of a full dump of your transactions, but never ever entrust some random app downloaded from Gplay with your username and password.

This year it is a different matter though.  I did something really stupid and accidentally sold a bunch of crypto. 

If it was a single event even with multiple cryptos involved I don't think you need one, but if the purchases are spread and you also used different exchanges, yeah just go for an aggregator. There are a bunch that offers a free plan for under 100-1000 transactions.

2279  Economy / Trading Discussion / Re: Started testing the waters in futures trading on: February 08, 2023, 11:11:21 PM
I'm fully aware of the risks though because it's much more riskier than the traditional spot trading. As of now, I got a bunch of wins and losses in my trades where most of the declarations are long due to the mini bull run that we are experiencing as of today.

Well, it's petty simple then.
Add your current revenues in case you would liquidate all your assets, I'm pretty sure a portfolio manager app could do that in a second and then compare with the results of purely holding Bitcoin. If your gains in $ are far larger than what you could have gained by simply holding BTC, or if with the alts you hold you could buy more coins then it means you did better than just holding. The problem in this that you have to look for is that the majority of your gains shouldn't be sourced from one single coin because that means you've simply gambled and one of the dark horses you picked won.

That being said, trading signals, meh! It's more like those old pump and dumps groups, really hard next to impossible to trust one with more than peanuts.

You should test out waters self first on spot trading and it would be ideal on that way on which you are really that able to make enhance of your TA skills and i would really say that this would really be much better

Enhance the skills of seeing lines and dots where there are none to be seen? A bit of weed would do the same!  Wink
I still can't figure out why everybody is so focused on this TA when every damn week we have a move that breaks all previous rules and charts.
2280  Economy / Scam Accusations / Re: OKX SCAM - Prosecute suspected fraud on major exchanges.😡😡😡😡😡 on: February 08, 2023, 10:58:08 PM
We will soon share the okx listing reservation notarization promised by the project team, detailed information about the okx China refund team, and submit evidence of the trading account tracking, revealing that this is the truth.
We will gather all the evidence soon and update it.
We will also share this with the numerous social and scam reporting communities we know.
* Evidence such as the okx listing contract will be shared soon.

You should have done this before opening the topic. You see the reaction of other members, right?
With this topic where you accuse somebody of scamming but you have no proof you simply shot yourself in the foot and everyone will feel tempted to not believe your story and think it's something completely else as it happens a lot around here.
And this is not helping you either:

Quote
With these examples, we indirectly realized that the top exchanges in the industry are fraudulent organizations such as ftx. As this appears to be a sign of a huge financial scam that will affect many potential project owners,

OKX just decided not to list your token or coin or whatever, FTX played with people's money they've entrusted to it, it's a completely different story, and to be honest, I simply couldn't care less about "projects" that have to pay to get listed on exchanges. I don't know if your "project" has someone working in advertising or marketing but it would be better to let somebody else be in charge of this.

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