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September 20, 2024, 01:48:25 AM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
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261  Bitcoin / Bitcoin Discussion / Re: New EU AML ban bitcoin anonymous payment on: March 23, 2024, 09:42:17 PM
Those of us who have been using centralised exchanges or wallets will have trouble using any kind of coin-mixing service. I am encountering an issue with Binance when one of my clients sent BNB by using a mixer. I am not sure whether Binance will resolve my issue or not; they temporarily suspended my account. However, the government strictly wants to control Bitcoin. It will become very hard to spend anonymous coins since all the CEX requires KYC and does not accept funds from the mixers. Very soon, we will have to use only P2P exchanges without KYC or avoid any coin-mixing services. 
262  Economy / Speculation / Re: BTC 2030 Assumptions on: March 23, 2024, 09:34:00 PM
Bitcoin gained mass popularity this year. So I don't expect any massive dumps like previously. To reach 2030, we have six years on our hands. This is enough time to be more popular for Bitcoin. During these six years, we will see more adaptation, and more institutional investors will take entry into Bitcoin. Based on my experience, we would discover bitcoin trading above $200,000. We may see more countries and central banks start using Bitcoin. 
263  Bitcoin / Bitcoin Discussion / Re: Does Bitcoin have the potential to impact climate change? on: March 23, 2024, 08:23:32 PM
There is a group of people who have been trying to blame Bitcoin miners for climate change. Because Bitcoin miners have been using energy that isn't renewable, For your information, Bitcoin miners are using a very small percentage of energy that won't be countable at all. A group of people just tried to create FUD. Nowadays, miners have also started using renewable energy, and I can't see much discussion about mining energy consumption. Bitcoin haters will always try to create FUD. There is no such thing as a noteable impact on the climate due to Bitcoin minigs. 
264  Economy / Service Discussion / Re: RedotPay Crypto Virtual Card & Pysical card. on: March 22, 2024, 09:53:52 PM
Why do you deposit a large amount there?
To late to ask him this question now after you promoted a heck of redotpay cards in this topic.  Tongue
I don't think it's reasonable to mention it as a promotion. Neither they paid me for this thread nor did I promote my affiliate. I shared it because I have been using it and it might help other users as well. Right now, while writing this post, I bought a Telegram subscription with a RedotPay card, and payment has been successfully done with just a single click. I didn't encourage anyone to make big deposits there anyway. Most virtual cards don't serve for a long time due to various reasons.

They have mixed reviews on the Play Store and other review sites. I just started using it today and can't say much about it. It might help us with small transactions since I don't dare make big transactions through RedotPay. They are pretty new, and we have to see how their services are going. So use your own risk; I am not preferring to use. Just sharing as an option for those who need a virtual crypto card.
265  Economy / Service Discussion / Re: Is there a trusted service to send remittances by crypto or debit card? on: March 22, 2024, 09:38:30 PM
Try binance their P2P system is very good, and there you can sell your crypto and get payments via bank transfer, many good options there.
I am aware of Binance P2P services, and they do work fine for me. When I need cash to spend on something, I use the Binance P2P service. But it does just make a local transaction. I am looking for an international transaction in USD. So my government will not ask for tax or a source of income. I am a freelancer, and I have government authorization as well. So I can bring USD to my bank account without any issue. I just need to store an invoice to show banks in case they ask for it. But usually they don't ask often. 
266  Other / Beginners & Help / Re: How can I invest to BTC? on: March 22, 2024, 09:33:23 PM
I am assuming you are seeking to invest. If you are looking to buy Bitcoin or any other cryptocurrency with your fiat, then you may try any p2p platform. For newbies, it's advisable to invest through the DCA strategy. It means you can buy Bitcoin per dip. At the beginning, I preferred to invest in Bitcoin. You have to learn more about cryptocurrency. Spend more time on this forum to learn more. Remember, cryptocurrency investments doesn't mean its an quick rich methods. You have to struggle a lot to gain from cryptocurrency. So having proper knowledge about cryptocurrency behaviour is very important. 
267  Economy / Exchanges / Re: Is poloniex safe? on: March 22, 2024, 08:25:14 PM
Poloniex isn't a scam at all. They might have some issues with blocking funds or suspending accounts, just like other centralised exchanges, but not direct scams. Scam and safe aren't the same thing because no centralised exchanges are safe. They might suspend or seize your funds anytime they want. Currently, I have an issue with Binance, and I am still waiting for their final decision. I will disclose everything if something goes wrong with me. However, use centralised exchanges for trading purposes only. Don't store your funds there; if you don't need to trade, just withdraw from the exchange and hold on to your non-custodial wallet. So your funds will be safe. 
268  Bitcoin / Bitcoin Discussion / Re: Buying/Selling & Using Bitcoin in El Salvador. on: March 22, 2024, 08:17:55 PM
It must be accepted everywhere when it's legal tender. Legal tender means you are obliged to accept something when a second party offers it, For example, your fiat is legal tender, wherever you offer to exchange something, they are obliged to accept your fiat. El Salvador accepts Bitcoin as legal tender, and they have to accept it everywhere besides their native currency's. I haven't visited El Salvador, but these are the basic rules of legal tender. You may search on Google for how legal tender works. Also, you may find some other data on how El Salvador Bitcoin payments work. 
269  Bitcoin / Bitcoin Discussion / Re: A weird interview on: March 22, 2024, 08:08:50 PM
Interesting, not sure if you really faced this question or if it's just your imagination. I will likely do the same thing when I regain my freedom. I have been holding some cryptocurrency, and I must check to see what the current price is after 10 years. Likely it will be better; you can't sell it when you were out of the Internet for 10 years. And you may discover your investment becomes worth a couple of X. However, I still don't expect such punishments that will keep me disconnected from the world and the Internet. 
270  Bitcoin / Bitcoin Discussion / Re: DCA vs Smart DCA, what do you choose? on: March 22, 2024, 08:00:04 PM
The DCA strategy is already a smart accumulation strategy. So I don't see any other abbreviations for Smart DCA. It's pretty simple: buy each dip you find and hold it. So when it pumps, you will have good profits considering your average purchase price. For new investors, the DCA strategy is already a smart strategy. But for panic traders or holders, DCA won't be smart. They might become panicked and sell off their holdings. The smart holder strategy is called the DCA strategy, by the way. 
271  Bitcoin / Bitcoin Discussion / Re: in future are you hoping to see some countries in Africa legalis bitcoin. on: March 22, 2024, 07:53:38 PM
What we have seen is that sometimes Africa accepts Bitcoin as legal tender and sometimes they ban it. I feel they need more study about Bitcoin and cryptocurrency. Bitcoin hasn't been accepted everywhere from the beginning. Day by day, the government knows Bitcoin and accepts it. However, whether the government accepts or not, a wide range of people become related to Bitcoin. Even though I am using a cryptocurrency where Bitcoin is banned, So hope day by day Africa will realise about Bitcoin potential and they will not ban. At least we want not to ban it, though the government doesn't want to adapt it. 
272  Alternate cryptocurrencies / Altcoin Discussion / Re: Airdrops are getting easier to get this year on: March 20, 2024, 09:36:33 PM
Exchange wallets aren't the same as Swap or decent exchange. A decentralised exchange or swap doesn't have a wallet to store something like a centralized exchange. You have to use a non-custodial wallet to use Dex or Swap. For centralised exchanges, you can participate and Airdrop those launched by their platforms. Other tokens won't be accepted by centralised exchanges unless they host them. However, I am far from Airdrop nowadays, and I don't think it's worth the time. Those who have enough free time could look for airdrops. Because till now most Airdrops went scammed duringthe past few years. 
273  Alternate cryptocurrencies / Altcoin Discussion / Do you this the current correction was local bottom price for alts? on: March 20, 2024, 09:26:10 PM
As we have encountered a significant dump in the crypto market, do you think it was a local bottom for altcoin as well? Today seems the market pumped again, and alts seem to be getting back to their price range. Do you think we will see another bottom for altcoin again this year? I feel this was the last chance to accumulate altcoins, and anytime would fly major altcoins like Ethereum and others. We might not see that bottom again unless the whole market crashes back. So what's your thoughts about the last pullback? Have you accumulated something? 
274  Bitcoin / Bitcoin Discussion / Re: Bitcoin Bank - Safely store your bitcoin on: March 20, 2024, 09:21:16 PM
Assume the OP is too old and backdated. Bitcoin is decentralised and won't be controlled by so-called banks. Your idea isn't different from centralised exchanges. Its custodial service for trade and holding funds is highly discouraged. We can be our own bank when we are using a non-custodial wallet or a hardware wallet. We don't need to pay any charges for holding funds there other than transaction fees. You just need to make sure your wallet seed phrase is secured. We don't need any traditional banking system to handle our bitcoin. It's just a nonsense idea. You should study more about Bitcoin and how it works. 
275  Bitcoin / Bitcoin Discussion / Re: Minimalism in Bitcoin would slow your accumulation process on: March 20, 2024, 09:15:35 PM
Crypto has always been giving high profits if we can invest in it at the at the right time. You can see today's Bitcoin chart, where it was trading at $62K in the morning and is now trading above $67K at midnight. So those bought during the morning are all in good profit with a 24 hour gap. The problem is that when Bitcoin starts dipping, we become afraid; only experienced traders accumulate during bears and take the risk. However, we can use the DCA strategy during a bear when Bitcoin starts to dump. So when it bounces back, we can make good profits and increase our portfolio. 
276  Economy / Service Discussion / Re: Anyone been using Pyypl? It seems a potential virtual card can use crypto on: March 18, 2024, 09:28:15 PM
Pyppl seems to have resumed their service again. Just use with caution since we don't know when they will pause their services again. The old card has been activated; I just saw it on my dashboard, and it's usable. They made a lot of changes and increased fees as well. They stopped crypto payments; before, it was possible to deposit through Binace, but it seems there is no crypto payment option. Don't make any big deposits there; try to use it with limits. Make a deposit just for whatever you need to do. 
277  Economy / Service Discussion / Re: RedotPay Crypto Virtual Card & Pysical card. on: March 18, 2024, 09:21:25 PM
Cry :'(I have done my first payment through the virtual card and the payment was declined from the merchant but the amount was deducted from my wallet, i contacted the support several times but not helpful at all they stopped replying and they dont have phone number no emails no office and finally i got scammed in 3318$ usd Cry
Why do you deposit a large amount there? Even though I don't have an issue with them, I don't make any big deposits there. For example, if I need to buy Facebook subscriptions, I just leave $20 there so I won't have a monthly subscription issue. When I need to buy Telegram subscriptions, I make deposits just for what I need. It's easy to make deposits there since they can be paid by Binance Pay. Try to contact their chat support, and I hope you will get back your funds. I remember when my Facebook subscriptions were denied by Facebook after 48 hours. They refunded to the same card, and the full amount was credited to RedotPay. So check your transaction status and contact support. 
278  Bitcoin / Bitcoin Discussion / Re: Soo, bitcoin is now over 70K on: March 18, 2024, 09:14:17 PM
I can understand your frustration about losing your funds. I didn't lose some funds a couple of years ago by investing in a shitcoin. Still, sometimes it gives me pain when I remember that. However, I am very careful now about my investment. I'm not going to invest in any shitcoin ever, and I won't regret it. I had faith in Binance for trading, but right now I have a problem with them. They temporarily suspended my account for some reason, and they need 30 days to investigate. Still, I haven't posted details on the forum. I will wait for their final decision. But from now on, I would refer to using Dex for trading as well. Trading on CX is more risky since I have trouble with Binance already. 
279  Bitcoin / Bitcoin Discussion / Re: When will Michael Saylor and MicroStrategy sell BTC? on: March 18, 2024, 09:06:18 PM
When I am holding Bitcoin, I only know when I will sell it. Only MicroStrategy can say when they are going to sell their holdings. For a long time, MicroStrategy has been accumulating bitcoin, and we don't know what their exact target is. By considering the average accumulation price, they are already making profits. I don't think they will sell their holdings very early. They must have a goal where they might sell. They would have a selling strategy as well, since they have an accumulation strategy. They won't dump the market at all. 
280  Other / Beginners & Help / Re: Hi I'm New Here, hope I'm welcomed. on: March 17, 2024, 09:48:27 PM
We are always open to welcoming new members. It's good to see you have a good friend who introduced you to the forum. Sometimes we call this forum a crypto academy, meaning everything related to cryptocurrency you can learn from here. Once upon a time, I was a newbie like you, and day by day, I developed myself and learned a lot of things. However, please try to respect forums by following the rules. I hope you can learn and contribute to the forum. Always try to use forum search when you need something to know. You may get your desired answers; otherwise, you may raise a new question. 
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