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281  Economy / Speculation / Re: Next big news? on: April 08, 2021, 07:33:08 PM
Big investors are making good profit from btc. I think we will get much good news after decrease the btc price. Some investors just wait for a big dip. And if any big investor invest now in btc, then btc can easily cross $60k. Mostly if paypal invest in btc.
I don't think PayPal will invest in BTC. They will get it by cutting fee from its customer holdings. Everytime you will deposit oe withdraw or every time you check out and pay to merchant with Bitcoin, PayPal will deduct the fee.
This way they will soon start getting million of BTC.
Imagine if PayPal start crypto to fiat conversion and vice versa?
Many people like me will go for it as I don't have to look for any buyer for my BTC.
282  Bitcoin / Legal / Re: If crypto is banned in my country on: April 08, 2021, 07:26:26 PM

The authorities in his country will ask where his funds are from and if he can't produce anything or documents to prove it's from a legit business transaction, his funds will be seized.

If I were him I could just contact a close relative outside the country to send my coins to them. Everybody has a relative somewhere but I guess this is a matter of trust still. And then ask them to convert it to digital cash and send it back.


If he can buy some expensive things from a foreign country, such as computers or electrical tools, and he ships them to his country, and there he sells them and gets their price, and so his money will become completely legitimate. In addition, he can make an additional profit by selling this commodity at a higher price.
I think that this is the best solution, so no one will be able to ask him about the source of his money, because it will become completely legal.
You must be kidding right? Do you know even highend computer will cost only $2000 and what about the custom fee that I have to pay?
And how many times do my relative has to send such gifts?
Even if I get some commodity, why would someone buy it at higher price from me?
And what about the tax on profit that I will earn by selling that commodity.
I think you haven't considered all the aspects before suggesting the solution.
283  Local / India / Re: GoSats - An Attempt to Promote Bitcoin in India (What's your views guys?) on: April 08, 2021, 08:48:28 AM
After reading some of reviews for this service I am going to give it a try.
Before I try it out, I have few questions that I would like someone to answer.
1. What is the minimum order to calim cashback offer
2. What is the minimum amount of btc that we can withdraw.
Many of similar services come with much hype and disappear after few days or months hence I won't want my btc to leave there and would prefer to withdraw as soon as possible.
284  Economy / Speculation / Next big news? on: April 08, 2021, 08:40:47 AM
Btc is hovering between $56k to $58k, it needs some more good news to cross this $60 mark.
After PayPal, which next business giant is going to endorse Bitcoin?
What should we expect in coming days that can push btc to more adoption and expedite it's March towards $1 million?
285  Bitcoin / Legal / Re: Pakistan has started work on legalizing bitcoin and other cryptocurrencies on: April 08, 2021, 08:34:46 AM


A few days ago we got the good news when we heard that there is no ban on crypto in Pakistan and it has not been given legal status yet. It was only a warning to keep newcomers away and to protect them from scams.

It has also been mentioned in this post.
[..] And I also think that soon cryptocurrency will become legal in Pakistan after that many more newbies will also come to this forum. [..] We are putting pressure on the government through Social Media and many other ways. https://crypto-economy.com/a-twitter-campaign-in-pakistan-is-in-trending-urging-government-to-legalize-cryptocurrencies-in-pakistan/  Further cryptocurrency has never been banned in Pakistan it has only been mislead people with misreporting by the media. The State Bank has not imposed a ban on cryptocurrency in Pakistan, the central’s bank lawyer told the Sindh High Court on Thursday. https://www.samaa.tv/news/2020/11/cryptocurrency-ban-in-pakistan-sindh-high-court/
[..]

However, according to the latest information, the Securities and Exchange Commission of Pakistan has started work on it, and soon we can get some good news.

Quote
Pakistan’s government is working on a framework for regulating cryptocurrencies like Bitcoin (BTC).
The Securities and Exchange Commission of Pakistan, or SECP, has published a consultation paper on regulating digital assets. Issued on Nov. 6, the paper outlines major concepts for the growing digital finance market in Pakistan and examines the existing regulatory frameworks developed by other global jurisdictions.
News link

If Pakistan gives legal status to cryptocurrency, then surely this will be very good news for Pakistanis as well as the entire crypto community. Because Pakistan is the fifth largest country in the world in terms of population. And 64% of its population is young, so we can expect a good contribution from them.

This is very good news for all of us. I hope every country will give legitimacy to cryptocurrency step by step. In the last few years, the ecosystem of Bitcoin has expanded, and online bitcoin exchanges have also been launched. Bitcoin now has legal recognition in many countries around the world. However, bitcoin is still banned in Bangladesh, Egypt, Algeria, Morocco and other countries.
Going by date of op, I assume this News was published last year in November. I haven't heard any update since then.
The crypto world is full if rumors. It is seldom that we come across some authentic news. That's is particularly about so called third world nations where almost 90% population have not even heard about crypto let alone own them.
I also read somewhere that one of pakistani provincial government is going to set up btc mining farm but it also turned out to be fake news.
286  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ITO] WPP ENERGY TOKEN - TOKEN TO BE TIED TO THE VALUE OF H2 on: April 08, 2021, 07:06:05 AM
Just learnt about wpp energy. Good to see this project is still alive and is making progress. Joined wpp telegram and got to know their future plans. Roadmap looks very exciting. If they got SEC approval, wpp going to on moon for sure.
The sad thing is it is only listed on one exchange that's too in digifinex which is not bad but project like wpp deserves much better exchange.
The project got so much promises and at this stage the project should be having a remarkable onground influence with tha amount of fund raised in the bear market 50 million. If it was kept in cryptocurrency both Ethereum and Bitcoin, the project should have 10x of the fund raised in dollar value. The fund from token swap is enough to pump the token itself to 1 dollar but I feel it is too early because many can easily swap most of the profit to bitcoin. Covid was the main challenge last year according to the team but I expect the recovery in the menace should allow delivery of milestone faster.
Yes that's the disadvantage with crypto projects. They all lack transparency. They never disclose how and where they are spending money raised. They should have made wallet address public where they are holding the crypto raised during sale.

Even after raising so much money, they haven't been able to get their token listed in some decent exchange.
They keep creating new tokens with every announcement and no solid progress is made.
287  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO][IEO] MY IDENTITY COIN 🚀 IMMEDIATE LIQUIDITY🚀 NO LOCK-IN PERIOD on: April 07, 2021, 07:04:33 PM

Lol lol these all are shit exchanges. Myid team made false promises of top 10 exchange listing during all this time.
Now what they did is listing on exchange that are not even in top 20.
Now they using another bet, top 10 USA exchange. Do they believe we all are fools?
I am surprised why no one here have tagged them for lying to the investors.
This should not be allowed here on forum.
288  Alternate cryptocurrencies / Altcoin Discussion / Re: Help choosing altcoins to invest on: April 07, 2021, 08:32:02 AM
I am considering  to invest in a token AME (amepay) i think that it will be successfull with the lunch of their ieo soon on bkex exchange, they have a great team taking a lot of precautions to ensure the project and token lunch success.
Here is a link to their website
https://amepay.io/
If you have other good altcoins  to invest in please share it with us.

Go for more established alts if you want to secure your investment.
I have bought kusama ksm and I am hoping it will give me good returns. In the past few weeks it has given more than 5000 roi.
With total supply of only 9,651,217,ksm is going to be in 4 figures soon.
Listed on almost all top exchanges.
I have also bought some dots and it's like buying eth when it was under 50.
Dot is for long time holding. In next two years it will reach 4 figures.
You can also buy trx, chz and wpp for good returns in future.
289  Bitcoin / Bitcoin Discussion / Re: Can Your Bitcoin Wallet Be Hacked? How Can You Secure It? on: April 07, 2021, 08:23:47 AM
There are many people in 2021 that have decided Bitcoin is the future - and they aren't wrong either!

One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/
Hacking a secure Bitcoin wallet is toughest job. Unless you holding million of dollars worth of btc in it, I don't think anybody will going to give it even a try.
Also most people wrongly use term hacking for password stealing.
Sometimes you accidentally diaclose your password through phishing or other ways and someone use your password to stole your funds. That's not hacking technically.
If someone get into your wallet by cracking your password or loopholes in system, that is hacking which is not possible with btc wallet.
290  Bitcoin / Legal / Re: If crypto is banned in my country on: April 06, 2021, 07:04:39 PM
If in future, crypto is completely banned in my country and holding, trading mining become illegal, can I go to some foreign country on the pretext of doing some job and sell my crypto once I landed in foreign land and come back in my country with all the money?
Will that be considered illegal? How can I move my money back to my country?
Can I just say that I did some business in foreign country and this is all the profit?.
Anyone has any better suggestions to dispose off my crypto holdings if such situation arises?
Firstly i think in the future Crypto currency will be accepted by every government. But somehow your country banned Crypto then my suggestion is for you that go to foreign country permanently where Crypto is legal. Don't come back. Because i think who is connecting with Crypto one time, he can't live without Crypto anymore.

Moving to other country is not easy. Do you think I will be given nationality easily un any country of my choice?
Easier said than done buddy. In many countries, I will have to show them my bank balance to show that I am financially stable.


First of all, whats with the thought? are there really possibilities or speculations that bitcoin will soon get ban in your country? or it is just you having a negative thoughts?

But if ever that happens, and if you are wondering whether selling your cryptos in other country is illegal, for me it can't be. Simply because once you are on another country, you are bound to their laws and not to the laws where you came from.

Also, if you are having trouble converting your money to your local currency once your country banned crypto and any other transactions using it, then since your in another country, why not go to a certain currency exchange services and exchange it to your local currency? I believe every country has it. Correct me if I'm wrong... Coz we do have a lot here.

And now you get back to your country (at the airport) with that bag of money with you. And who would question you for that? you can still say it came from crypto, but they don't have the right arrest you simply because you do it legally on another country. I believe that how law works.  Cheesy


No you just can't go to currency exchange and convert million of dollars to any currency. You will get arrested for that plus how will I convert my crypto to local currency is also a big question.
291  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will TRX go to new ATH on: April 06, 2021, 06:58:18 PM
Trx is down again and this is the best time to buy it and full your bags. Second wave of bull Run will take it to $0.5 for sure.
In two or three days we will see it started going up again. Justin is a man who doesn't rest. He is the most active person. I like his way of working. He can take trx to two figures.
I am extremely bullish on trx right now.
292  Bitcoin / Legal / Re: Bitcoin and Dubai on: April 06, 2021, 08:54:29 AM
Dubai does not consider Bitcoin legal tender, but there aren't restrictions on buying or selling either. Based on LocalBitcoins volume and Google Trends data, Bitcoin looks alive and well in Dubai. Is this true?

https://www.jumeiraconsultants.com/business-setup-services-in-dubai/


That's not the case with Dubai only. In India too bitcoin is not recognised as legal tender yet trading volume on pacful, localbitcoin is growing by day.
I think Dubai government will soon regulate btc and crypto as it has become global village.
If Dubai recognised btc, other arab countries will follow the suits.
293  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ITO] WPP ENERGY TOKEN - TOKEN TO BE TIED TO THE VALUE OF H2 on: April 06, 2021, 08:39:25 AM
Just learnt about wpp energy. Good to see this project is still alive and is making progress. Joined wpp telegram and got to know their future plans. Roadmap looks very exciting. If they got SEC approval, wpp going to on moon for sure.
The sad thing is it is only listed on one exchange that's too in digifinex which is not bad but project like wpp deserves much better exchange.
294  Bitcoin / Legal / Re: If crypto is banned in my country on: April 05, 2021, 11:38:41 PM
If in future, crypto is completely banned in my country and holding, trading mining become illegal, can I go to some foreign country on the pretext of doing some job and sell my crypto once I landed in foreign land and come back in my country with all the money?
Will that be considered illegal? How can I move my money back to my country?
Can I just say that I did some business in foreign country and this is all the profit?.
Anyone has any better suggestions to dispose off my crypto holdings if such situation arises?
It would really be hard if we are talking big amounts on here because even if you do flew on other country the expect that they would really be asking out the source of those funds
if you do tend to put it up on your bank account and in the form of cash then for sure you they would be looking up on whats the source.If you do tend to pretend on selling out
something which isnt crypto related then what would you do? You cant just provide some fake documentations or papers which would surely fucked you up.
Better to sell those coins in gradual phase which on an amount that wont trigger out your bank rather than making bulk one time transactions
which would ring up the bell.
Selling them in small portion will be very tiring job. I have to keep finding some genuine buyer constantly plus I also have to see I get the best price. I, obviously, wouldn't want to sell in bear market.
I would prefer to get rid of all of them in one go to make most of bull market and also to invest that money in some other business.
Most of my current source of income is crypto trading which is going to be ceased once ban in implementimplemented.
295  Bitcoin / Bitcoin Discussion / Re: I am writing an article on how to stop bitcoin. Can you guy help out? on: April 05, 2021, 07:03:23 PM
Hi everyone I am writing a small article on how Bitcoin can be stopped. Mainly to serve my little community who keep asking me questions.
My main ideas for the moments are below, any input whatsoever, constructive criticism is more than welcome.

Wall Street hand to manipulate markets
JPMorgan talking bad now entering
Coinbase ipo
Etfs
Institutional long and short
Bitmex guy under investigation


Bcash and other forks as a political control of the comunity
Political attacks
Auditing the chain through forks
divide and conquer


Government bans
Push market underground
On off ramps
KYC to persecute
Executive Order 6102

Hacks
51% attacks
quantum computing
Mt Gox
Cryptsy



At first I thought you meant how to shop Bitcoin and mistyped it to stop but after reading op I got very confused. What do you mean by how to stop Bitcoin?
You want to point out reasons what may ban Bitcoin or end it's circulation or you want to stop Bitcoin transacted?
Please be more precise in your post.
296  Bitcoin / Legal / Re: If crypto is banned in my country on: April 05, 2021, 08:33:29 AM
@KryptoKings are you seriously considering avikz advice? You already have said that cryptocurrencies in the future will be banned in your country I don't get the reason why you are still looking for some loopholes when technically all suggestions for you besides avoiding crypto will be illegal.

If in future, crypto is completely banned in my country and holding, trading mining become illegal

Like I already said in my previous post a ban is a ban and even if you somehow created a system where your foreign relatives will be the ones holding it for your it will still be considered as your property you will just be pretending that it is a "gift" which is an excuse you will always be making everytime your relative will send your money again and again to you. If you get caught then chances are you will be penalized accordingly and your crypto will be confiscated by them.

Buy how will they come to know that my relative is selling it for me in his country of residence? If I send all my crypto in one go and ask my relative to wait for some time and then sell them.
What if I declare that I am 'gifting' all my crypto holdings to my foreign resident relative.
Crypto trading,holding and mining will be banned but what if I just move them to someone else's wallet?
I don't want to break any law but I have invested all my hard earned money into crypo and I can't leave them like that.
Moving out of my country is also out of question for me. I am looking for some good solution in advance.
297  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO][IEO] MY IDENTITY COIN 🚀 IMMEDIATE LIQUIDITY🚀 NO LOCK-IN PERIOD on: April 05, 2021, 08:28:13 AM
Conference less than 2 weeks away.  Beta testing of worlds first decentralized autonomous publicly managed/operated exchange  in two weeks.  TOP 10 exchange listing of MYID Coin in 3 weeks, April 27!!!!     Our team is now busy creating hype/demand for our project so that our coin holders will have an excellent opening listing day result.


Additional Okglobal Coin SWITCH-MYID International Service Centers to open in South Korea, Japan, Germany, USA, Indonesia 4th quarter 2021!!!
If my memory is good, you opened you International Service Center in some US city last month, can you please share it's location on google map or still better some photographs of it?
I checked your website but their is no visual proof of any center there.
It is always a good marketing strategy to back up your announcement with some pictures or videos of actual event.. We all have camera phones these days so having pictures is no big deal.
298  Economy / Services / Re: Royse777🧢 Campaign Management and Translation 💹Agency📈💪🔥 on: April 05, 2021, 08:22:52 AM
Royse777 is one of the best bounty campaign managers I have worked with.
There are only few managers who are through professionals and Royse777 is one of them.
Looking forward to keep working under him in more bounty campaigns.
299  Economy / Services / Re: [CFNP] monero.cx signature campaign on: April 04, 2021, 06:52:33 PM
Got paid. Thank you very much manager Smiley
300  Bitcoin / Legal / Re: If crypto is banned in my country on: April 04, 2021, 06:50:24 PM
If in future, crypto is completely banned in my country and holding, trading mining become illegal, can I go to some foreign country on the pretext of doing some job and sell my crypto once I landed in foreign land and come back in my country with all the money?
Will that be considered illegal? How can I move my money back to my country?
Can I just say that I did some business in foreign country and this is all the profit?.
Anyone has any better suggestions to dispose off my crypto holdings if such situation arises?

There will be still question around the source of funds! It will happen when you will repatriate your funds to your own country. There will be inevitably questions coming your way from the tax authority of your country because that fund will have to be reported to them. That's a bad idea if you are holding a sizable amount of cryptos in your portfolio.
Yes exactly that's my concern too. I will be asked to disclose the source of funds. I will have to give some documents in support of my funds and to prove that I own them. This is the difficult part.

If crypto gets banned in your country in future, there will still be many ways to convert it. Especially p2p trades will come to your rescue just similar to what happened in Nigeria. Just be cautions not to convert a whole lot of money in one go, rather prefer small amount of conversion at certain interval.
P2p will be out of question because no body in my country will buy or sell

Another way is gift. If you have any relative in foreign countries, ask them to send your money to you as a one time gift. This way you will pay taxes on this, but it will be legally cleared. Hope this helps!

That sounds most good option to me but how much gift can my foreign relatives send in one time?
I am sure it will not be more that $10k
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