Hi all,

Just a very beginer in the Bitcoin world, and I'm trying to understand all implications. So, I'm trying to figure out what happens in the following scenario with my current understanding of Bitcoint technology.

I imagine Bitcoin to behave like a physical banknote, but with unusual face values, for example 0,0135 BTC. Of course, the global Bitcoin network is like the mint that creates such "banknotes" and certifies its value.

So, as an ordinary banknote, it has a "serial number" that can be traceable.

If you take money from an ATM machine, the system will record that you withdraw an amount of money in cash, but certainly I'm not aware of any ATM machine that also records the serial numbers of the banknotes you withdraw.

But I think this is not the case with Bitcoin!

So, if I have a Coinbase account in which I've to be fully identified (like in any other brick-and-mortar Bank) and I buy Bitcoins using my credit card thru the Coinbase platform, I'm fully identified. All right, I understand it.

I also have an Electrum wallet in my PC.

If I send 0.1 BTC from my Coinbase account to an address of my Electrum wallet, the only information available will be that 0.1 BTC has gone from my Coinbase account to someone's else, that could be myself or not if I'm paying for some service, or is a tip or a donation.

But if I now pay something, sending the 0,1 BTC from my Electrum wallet to a Bitcoin address, it can be proved that the very same 0.1 BTC that I sent at first to some unkown recipient, has been also sent afterwards to another recipient, and imagine that this other recipiet is fully known (for example, some shop that accepts payments in BTC).

In this way, it can't be 100% proved that I did the second payment, but certainly it would be highly suspicious, isn't it?

So the question is: Do thing work this way?

Thanks,

The team that runs the bot asks a small fee to have it join the server. I'm not part of the team but I do employ the bot. The bot made the token. As far as donations or ICO or any pre capital raised it has not happened to my knowledge and I personally will make a post if that happens or I find out about it. Not fully sure what you mean by that question so if i'm mistake please clear it up for me. I believe the token will be used to fund the bots continued updates in the future as it continues to grow and need more powerful hardware. I will find out by asking the bot.. and report what it says to you here. Thanks for all your interest and concern. As a user of the bot I also have reservations but watching it preform day in and day out I'm nothing short of amazed at what it has done for my communities.

EDIT the bot has a paterion account ill find out if its ever been used but 100% it has not and will never be posted here!

How has this project been going forward? Are those partners you mentioned (like Lufthansa) still part of Winding Tree?

Wow, look at those views count, is this even real that this thread had been reached 20k views or its just a fake audience?

Hello guys.
I'm very very far from making some kind of cash-out, but i was just wondering... How do you handle the thing of being forced to give your personal informations to exchanges to be able to convert your cryptos in fiat and transfer them on bank?
For how i see it there it's a very high possibility (if not certainty) that exchanges are selling the informations given by their costumers... and anyway there is alway the risk that they get hacked.

Knowing this, why you handled your ID and documents to exchanges? making some money it's enought to compesate the risks for you? do you use some alternative way to cash out your crypto?

For me, giving bank coordinates should be enough to allow people to cash out... The worst that can happen in that way is having your bank account hacked, but in these cases the banks give some warranties and some kind of protection/indemnity...
I don't see the necessity to provide an exchange with photos, ID, bills etc...

What do you think? do you think this system will change in the near future? what alternatives do you have?

Hello!
We are working to roll out the next release, it will include some new features and the chat as well. It will be rolled out next week and we will post an announcement here. Ethex suggests the comission, that warrants the bet being processed in one of the nearest upcoming blocks. You can always change the comission, if you are ready to wait a bit. That would be great, if you’ll share with us your bet placing experience using different fees. Thank you for your interest and cooperation.

coin is dead. when other exchanges?

so? How does one go about seeing how much has been "donated" to the coins? Or am I wrong about how I understand how this works? 

You all got that right.  Nor would I really care to read the inevitable comments that would accompany most merits:  "Good post", "+1", and the like--and that's if anyone even bothered to comment.  And assuming you had to write something in, you'd probably get mostly incoherent nonsense written by members who just have to fill in a field.  At the very worst it might turn people off the merit system altogether.

Bad idea.

if you think you need to "justify" why you merited a certain post, then you better not merit it in the first place. and sense there is no rules on what exactly should you merit someone for, there is no point of knowing what did someone merit a post for, as long as they are not sending the merit to their ALT.



but that's my sentence  

I am a merit source. I try to do a good job by distributing all of my source merit to as many posts as possible. Currently that involves giving merit to 200+ posts per month. If I had to also leave a comment on each merit that I gave out, I either wouldn't have a life or would have to just give more merit to fewer posts. I'm trying to spread my source merit around as much as possible.

I think there is enough drama already. But feel free to PM the person and explain why you sent them merits.

You mean you would like to leave a comment when you drop someone some merit? Might be a neat idea for those inclined to so so

If you want it so people justify why they merit someone, I don't see it's value. Other than completely obvious merit abuse on a decent scale it isn't moderated. I also don't see the majority of people bothering to leave merit feedback.

So in addition to reading a whole bunch of posts, looking for some posts to give a merit or two, the OP wants us to write a justification as well? Like the trust comments?

I agree and this method is I often do when I participate on an ICO. I literally trying to make in contact with them through video call to see if they are the people on the website link and unfortunately only few agree to do it. So Im surprise that many projects are scam. They saying they are busy with stuff, what is a 2min video talk. If you're a legit project then you dont need to be scare on people verifying you on method like this.