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June 25, 2022, 02:35:34 PM *
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1  Bitcoin / Legal / UK P2P crypto trading taxes on: Today at 05:06:30 AM
I have a friend who wants to move to the United Kingdom, create a bank account, LocalBitCoin account and start peer-to-peer trading where he receives bank deposits and transfers Bitcoin or vice versa.

how does he calculate taxes?
What are the amounts that he can deal with on a daily basis, meaning can  he receive 100,000 dollars per day in his bank account, or does he need to create a company or a commercial account to receive transfers? and how to calculate taxes?
2  Economy / Trading Discussion / Re: Auto DCA service? timing exchange on: June 24, 2022, 01:33:43 PM
Swan[1] is the platform I've been seeing a lot when it comes to recommendations concerning auto DCAs.

I don't think I can access those options either because it's in the US or because I can't verify identity.

This might work with me, I'll try it out soon and update it

I will look at the code, but it will be nicer if you develop it for the rest of the platforms that are not KYC strict, such as OKX and Kucoin.
3  Economy / Exchanges / Re: buying bitcoin using the mobile credit, not coingate on: June 24, 2022, 01:13:13 PM
Coingate has recently removed the option of purchasing bitcoin using mobile credit, is there any alternatives available?
Did you mean this service
If this is the case, then you can try this service that I have been working on for a while in this forum

they have 0 Scam feedback and working more than 2 years, so maybe trying them will be better than p2p trading as there are some sellers who sell stolen credit or illegally one.
4  Economy / Service Announcements / Re: [Ann] - Currency Exchange Rate Calculator for Forums on: June 24, 2022, 12:52:46 PM
You made a really good and useful service that can be used in the forum, the interface is simple and easy to load, but I have some notes:

  • I cannot adjust the exchange rate or see prices on other platforms.
  • The conversion cannot be reversed BTC<>USD OR USD <> BTC.
  • Entering currency details needs to change (or change the interface)
  • ADD snap/History price and current price
5  Economy / Exchanges / Re: Exchange Crypto to Fiat and vice versa on: June 24, 2022, 12:43:32 PM
Can you prove that you are a legal company and have a license?

I was think that one of the requirements for the license is that you have a headquarters or at least have a website.
back to your topic, to succeed, you need several things, the most important of which are:

  • Good exchange rate.
  • Communicate with clients and answer questions.
  • Low fees.

To gain trust, you must start escrow P2P sites like LBC/Paxful and over time you will gain trust.
6  Economy / Exchanges / Re: Binance Expands Crypto Adoption on: June 24, 2022, 09:24:43 AM
The bad thing about Binance is that it does not try to invent technology, but rather follows it, so you find them looking for new things and trying to imitate them, and they are rarely innovative in ideas.

This type of thinking is similar to what Facebook, Google and Apple do, and it is harmful to the industry because monopolistic activity works to weaken competitors and to have all things under the control of the company, not for anything that is a market to achieve maximum profits for the company’s owners.
7  Economy / Speculation / Re: Bear Market Opportunities - Forget "When Lambo" on: June 24, 2022, 08:58:06 AM
The bear market this time is completely different from previous years, as in the past, the bitcoin price was corrected independently of the entire global monetary system, meaning there was no energy crisis, interest rates, food crises, fuel price hikes, and an upcoming recession all factors that make the available cash in Your hand is little to invest, meaning I want to invest, but there is not enough surplus to invest, although I know that it is the golden opportunity to invest.

Getting rich is not about golden opportunities, but about how to seize them.
8  Economy / Service Discussion / Re: Signature campaign: The lowest and highest payment BTC and USD in 2013-2022 on: June 24, 2022, 08:38:26 AM
I remember a while ago that @LoyceV asked a question, what can one bitcoin buy in your country, so if a chart is created for that like the cost of living in the country, the average rent price, the average building property, and the average spending, it will be a deeper look into whether signature campaigns can be relied on as a source of income? Is it a good bonus if you don't spend your coins? like .5BTC is better than average global month salary.
9  Economy / Service Discussion / Re: https:// toxvoe. icu / INVUSDT on: June 24, 2022, 08:24:31 AM
I don't know how you ended up finding this site, but it is definitely not the platform where I will deposit my money and I feel that I will not lose it.
All the red flags are on the site so it doesn't matter how many temptations they may offer (1000% APY) as long as you may lose all your money.

  • Avoid depositing money inTO unknown platforms.
  • Avoid websites that look pretty good.
  • Stay away from stablecoin projects.

10  Economy / Service Discussion / Re: [List] Bitcoin Payment Processors on: June 24, 2022, 08:06:59 AM
thanks @OmegaStarScream  updated thread with all new information.
All platforms are almost the same and provide solutions for those who do not want to accept Bitcoin directly (directly transferring money to your bank account) so the only obstacle remains the community adoption using cryptocurrencies outside the exchanges

Connect to wallet
Convert to fiat
Lightning support

0.5% versus 2.5%

0.8% fiat conversion?!

Yes €
add your EUR/Crypto/API
exchange rate

11  Economy / Trading Discussion / Auto DCA service? timing exchange on: June 24, 2022, 07:42:17 AM
Almost all of us know DCA's strategy and for more I quote the definition

Dollar-cost averaging (DCA) is an investment strategy in which an investor divides up the total amount to be invested across periodic purchases of a target asset in an effort to reduce the impact of volatility on the overall purchase. The purchases occur regardless of the asset's price and at regular intervals.

Is there any way to do it automatically, meaning that I deposit 1000 USDT/ANY COIN, and the platform automatically buys (or place buy order) every week at five o’clock, for example, or every day at four o’clock with an amount of $100 instead of relying on the price of Bitcoin
12  Economy / Services / Anyone have a paid Chegg account?! on: June 23, 2022, 07:01:58 PM
My friend has some exercise that he would like to solve and found it on Chegg. he needs it only for the, instead of paying the monthly subscription, I offer you a small donation in exchange for sending a screen shot/google drive for the answers.

The task is easy, so if you have a paid account, I will send you a question link and send me answers and select the value of the donation that you want to get (in bitcoin or lightning network)
13  Bitcoin / Hardware wallets / Re: Which cold wallet to buy? on: June 23, 2022, 02:36:12 PM
Cold storage is a way to ensure the security of your coins if you have basic experience of how to do it and it is almost free.
 if you do not know how to do cold storage you may put your coins at risk.

Since you are a beginner and you have the money, I suggest you buy a hardware wallet, it is true that it costs a few dollars, but it gives you high security and requires you to take reasonable care, such as not sharing the seeds with anyone, make sure that you bought the product from the company and that it is not counterfeit, make sure that you generated Fresh seeds and that your computer does not have viruses or is physically connected to another device (this includes USB, etc.)

14  Local / العربية (Arabic) / Re: مصرف قطر المركزي يسعى لإطلاق عملته الرقمي on: June 23, 2022, 02:15:50 PM
العملات الرقمية هي التمثيل الفيزيائي للنقود الورقية حيث بدلا من ان تقوم بانشاء حساب في بنك تجاري ويقوم البنك المركزي بضخ النقد للبنوك التجارية ومن ثم تلك البنوك تضح الاموال للاشخاص او العكس بمعني انك تودع في البنك التقيليدي والذي بدورة يقوم بارسال تلك الاموال للبنوك المركزية فان العملات الرقمية ستكسر الحاجة للبنوك وعندها يمكنك فتح حساب مباشرة في البنك المركزي وتغذية رصيدك به.

وفي هذه الحالة فكل العمليات تكون داخلية وبالتالي لا نحتاج لاثبات العمل او الحصة او غيرها من طرق التشفير وانما انت تثق في البنك المركزي وبالتالي لن تكون البلوكشين هي الطريقة المستخدمة في ادراة قواعد البيانات وحتى لو تم استخدامها ستكون مركزية بالكامل.

الخبر في رائي جيد بشكل غير مباشر لانه يعزز مفهوم النقد الرقمي, ينهي دور البنوك التجارية الاساسي ويعطي ثقة في انعدام النقد. تتبع الاموال المسروقة سيكون اسهل

ويمكن ان يكون سلبي اذا قررت الحكومات طبع النقود او تجميد اموال المعارضين او حتى منع الشخص من انفاق امواله (تخيل ان لديك اموال في حساب رقمي والبنك لا يسمح لك بسحبها او تحويلها لا والكل لا يقبل الا الدفع الرقمي)

15  Economy / Scam Accusations / Re: FAKE TESLA Coin ICO on: June 23, 2022, 02:08:52 PM
I do not know, but if you will fall victim to such stupid scam, you do not know why you invest and you will lose your money quickly, they tried to imitate the Guardian newspaper, but the end result was not professional, and the announcement of a company like Tesla to create an ICO/coin?! will bring it more views than promoting in Quora.

Sometimes I wonder why scammers make such efforts.
16  Bitcoin / Bitcoin Discussion / Re: It’s clear that the Nigerian Government cannot stop Bitcoin on: June 23, 2022, 01:23:54 PM
We can say that these are the results of the first quarter of this year and the fourth quarter of last year, all of which were positive and at a good rise in the price of Bitcoin, so perhaps the transfers of individuals and workers to their families in Nigeria, which is better than dealing through banking methods due to the easy profits that have been achieved.

I expect the results to be completely different during the second and third quarters of this year, and I also do not think that the Nigerian government is serious about implementing a ban on cryptocurrencies.

Don't take Paxful data alone and drop it on other platforms.
17  Bitcoin / Bitcoin Discussion / Re: Another 5000 Miner BTC Sent To Binance- another dip? on: June 23, 2022, 01:19:53 PM
Binance has an OTC market, Therefore, do not think that someone will send 5,000 bitcoins to be liquidated in the order book, and Binance does not deal with such orders at the current price, but rather an average price of bitcoin is agreed upon.

  • What I'm trying to say is that OTC deals are executed at an agreed price, regardless of the current price.
  • Therefore, if there was an effect, it would have occurred in the previous days and not now.

5000BTC will cause less than 1% change which is not a big deal

18  Economy / Economics / Re: Bitcoiners are protecting, while EU nations are destroying the environment on: June 23, 2022, 12:45:20 PM
The comparison is incorrect and unfair. For example, most of the decisions taken by politicians. These people will lose their position if energy prices rise significantly or are absent, but they will not lose their jobs if mining is banned. In other words, just as Europe is trying to find an easy solution by returning to coal, it chooses the easy solution by banning mining.

If there is a heavy use of Bitcoin and a part of Parliament in Europe is interested in Bitcoin, you will notice that the votes against this ban will be higher.
19  Economy / Economics / Re: How Will Investing Help the Economy of a Country on: June 23, 2022, 11:20:30 AM
The entry of any good money into the economy and trade exchange between countries improves the economic situation of those countries according to the degree of economic exchange. For example, the circulation of digital currencies in a country will not exceed 100k, so how will it change the economic situation in a country.

Let's take the example of the Philippines. Foreign labor remittances are an important resource for the Philippine economy

If all these transfers are not made, the Philippine economy will be severely affected, and the same if it is done using digital currencies, it may contribute to increasing the income of individuals, especially since a lot of money is lost as transfer fees.
20  Other / Meta / Re: [SUGGESTION] A Confirmation POP-UP Message Before Publishing A Post on: June 23, 2022, 10:55:27 AM
I don't know if you are trying to find it here (BitcoinTalk++ script - v0.2.96) or not, but in any case you can ask anyone to modify that code.
Twitter has a similar issue where I remembered I had written a long thread then went to lunch and when I came back, clicked the button to post it asked me to write again.
Therefore, it will be better to solve it via the user script.
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