This discussion would be more appropriate in the Gambling section as it focuses on how gambling is affected by crypto. You can move it with the move topic option at the bottom left of this page. I find it much more effective than gambling with fiat. Let’s use this thread to discuss pros/cons and how us users can improve it
I am not a frequent gambler, but I have gambled with fiat and also with Bitcoin, and I find bitcoin to be far more efficient. I am also privacy focused, so a platform that allows one to gamble anonymously without the hassles of banks is a plus. The con I believe exists is the high withdrawal fee imposed by some platforms to cover for changes in transaction fees on the bitcoin network.
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That rule applies to the local thread section and I believe it was put in place to prevent users from creating multiple local threads in that section as it could get it clogged up and make it difficult for users to find a thread that applies to their language. If a local board exists then anyone can actually create a thread there and join discussions. Some languages actually do have multiple threads in the local thread section, but the users who created them are not banned, Maybe cause those threads are specific and do not contribute to spam.
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it's too complicated if one exchange doesn't do KYC initially, when we have large enough funds the funds will be frozen until we do KYC, sometimes KYC at the beginning is more supportive for trading in the future
That is the objective of this thread. To discuss P2P platforms that do not require one to submit KYC and not just a case where you are allowed to make xxx amount of transactions without a certain tier level verification. As long as an exchange requires KYC at all, they can demand for it at anytime. and so far I don't have any problems with banks and the government in privacy issues even though exchange parties use local banks, here we are required to be smart in conducting bank transactions, do not make flashy transactions and invite the government to check our data on certain exchanges Even without making a certain type of transaction, the government and banks can still track your data through the exchanges. The exchanges also have custody and can freeze your funds stored on it.
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So I want to know moderator did visit someone's profile to identify spam posts or they just deleted everything reported by other reputable members?
Moderators also are part of the forum and visit different boards, while doing this, they can stumble on posts which need their attention without the need for a report. Also, mods do not act on all reports, they take action based on their individual judgement. A report can include a link to the users post history if they have a lot of spam posts and the mods would take a look and decide what decision to take. Being reputable does not affect the outcome of a report.
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the thing is what will happen to members network of friends on the forum who may not border in sharing personal contacts e.g email if one day the forum suddenly goes offline how do we link up with each other and keep the discussion going.
I believe a lot of members who connected here have contacted each other on some other platform, preferably one which members can maintain their privacy on, like discord, telegram, signal etc. If the forum does go offline, they can continue correspondence on those platforms and possibly use that link to contact mutual friends.
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He has been doing bounty for a long time and bounty workers do not post much in other sections of the forum as it may lead to ban their account.
Bounty hunters would not get banned for posting in other sections of he forum, the would get their posts deleted if they post spam around the forum, and a temporary ban if they do not change their habits before the possibility of being permanently banned. If moderators stop banning low quality posts, they may be encouraged to post in other sections and at some point the quality of their posts will start to improve.
Newbies get to this forum and gradually post before getting aquatinted with the forum and eventually their post quality increases. It's much different when a newbie joins and immediately starts spamming different sections for a bounty campaign, this would get their posts deleted and eventually lead to a ban. Posting organically and improving your post quality would not get anyone banned.
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These problems made an average African youth to be inferior to his foreign mates.
These problems make an average African to be less fortunate and less exposed to certain opportunities, this however does not in any way make them inferior. Africans are proud, intelligent and dedicated people. Most parts of the continent is just yet to get a functioning system of government which serves the people.
Bitcoin surely has given Africans a platform to grow their skills and access financial freedom without needing to switch to a foreign currency. And the growth of Bitcoin and the blockchain shows Africans have real interest in futuristic development.
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The bullish excitement is not only limited to YouTube, but other social media platforms as well. Periods of booming market is the time when most people get interested in crypto and traffic on social platforms and even on forums like this one greatly increases, those "influencers" simply just follow the hype and use it to the advantage, talking about what coin would do 100× in 2 hours.
When the price drops and people lose interest somewhat, those left in the space are either seasoned crypto enthusiasts or holders who regret not selling earlier. This reduces the audience for such moon posts and the accounts hibernate or change strategy. The dip period also does the job of filtering out social influencers without actual content.
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The decision of when to buy rests on the person who is making the purchase as it would depend on a matter of factors; Someone who is buying in for the long term hodl does not bother about short term price changes and believes that in 10+ years the value is going is to much higher. Someone who is not buying for the long term are usually more picky about when to buy and would not want to purchase when the price is on the way down. This is much more risky and would require some technical analysis and some luck as well.
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If world energy consumption is really a problem and humanity must really reduce it due to environmental problems and climate change, the main focus of discussions should be industries that consume tens or even hundreds of times the energy consumed by mining bitcoin.
This is all about politics and whose ox is gored. Majority of those industries with much larger energy consumption benefit the government in one way or the other, Bitcoin on the other hand is a rogue industry per se, and poses an easy target to so called activists and the likes. Bitcoin has been attacked for far more ridiculous reason over the years.
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But that's really not the case because you can always but Bitcoins. When the number was a lot, you could get a lot. When there is only 0.1 BTC being produced, you buy even smaller fractions. This is why I said it somewhat invalidates those arguments about people saying rush in and get BTC now because you can't tomorrow.
Again, the ability to buy smaller fractions of a product does not make it less scarce, it simply eliminates any sort of entry barrier, like some stocks which have a minimum purchase amount. There would only ever be ~21 million bitcoins available for purchase, regardless of how divisible it is, and the more the demand grows, the supply thins against it, meaning it gets more scarce. I have not heard anyone say you will not be able to buy tomorrow, but it would likely be more expensive. I mean, I don't see why we compare to oranges as nobody would buy 1/100000th of an orange so a single orange being produced every round makes it very valuable. And dividing it actually makes it less desirable.
Okay, lets consider a more applicable example, which is not too technical. There are about 42 gallons of oil in a barrel. If a nation has a certain amount in total, lets say 1000 barrels, to power their 10,000 citizens, and the amount is insufficient. The ability to divide the barrels, into 42 gallons, and then into 160 liters does not increase the supply. You still have the exact same amount of oil to serve the citizens and it is still insufficient even if it is divisible into centiliters or milliliters; It just makes it possible to purchase the amount you can afford, if all the whales have not bought and stored them all.
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interest all over crypto space. 1.36 million people have used the Defi service once.
A total market capitalization of 128 Billion should have enough interest and topic for discussion.
All these do not factor into the discussion about creating a child board on the forum, there has to be actual interest, enough to clog up the general board it is on, in this case that would be the altcoin section. You can make a detailed request with full info on number of existing posts, possibly within the last 2-3 months.
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I'm fully in support of this too, but isn't this somehow a little bit invalidated that Bitcoin also has completely unlimited divisible units? I mean satoshi is the smallest possible unit now, but I read that fractions of satoshi is also possible.
Which always makes me think this supply thing doesn't really make it scarce, but makes the available units more expensive.
If you had a scarcity of oranges in a city, dividing the available oranges into 2 or 4 does not increase the quantity neither does it solve the scarcity problem, all it does is it makes it possible for the available oranges to be shared among the citizens. Bitcoin being infinitely divisible does not affect scarcity, it just makes it for people who can not afford 1 BTC to be able to purchase fractions of it, the quantity remains determined.
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How can we know that that transaction wasn't made by the scammers themselves in order to create a fake perception that other people are sending money to them? This is one thing that gets rarely discussed with these scams, as everyone assumes that all the incoming transactions to doubler addresses come from victims.
This is also the idea I have about cases like these.I find it difficult to believe that someone who had up to $1.14 million is not financially exposed enough to detect fake giveaway and fall for a pay 2 get 4 scam. Anyone who uses the internet regularly should have come across such scam attempt. It is very possible the scammers are sending bitcoins between themselves and doubling the returning amount.
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What I find ironic is how these complaints find their way to bitcointalk after users allegedly get scammed, but they will not bother to do a simple search before depositing into a website they only just discovered. Lots of scam ads are run everyday all over the internet, this should not mean users would fall for those simply because the products are put in their faces. when someone sees their ad on some big site like Coinmarketcap, they don't think twice. Instead they just assume that since 1xbit is advertised on some big and popular site, it must be legit.
I personally think top platforms have a duty to scrutinize any platform which advertises on their website or put out a disclaimer that one uses those products at their own risk and the ad is not an endorsements. 1xBit has ran so many campaigns on the forum paying more than many other projects and also attempting to bid in auction, this goes to show that a bad reputation ere is indeed hurting them and if other platforms do their part, new users could be protected.
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Further as more and more people are interested and using blockchain technology so what is the meaning of banning bitcoin/crypto?
Countries which ban bitcoin tend to have something in common, they are not totally free nations and the government wants to control the finances of the nation in order to control the citizens. Can anyone ban bitcoin in reality or its a part of fud which is created repeatedly every 2/3 months to keep out weak hands and took advantage?
Nations can ban themselves from the bitcoin network, and limit their banks ability to get involved in transactions related to it. The citizens can of course still covertly use bitcoin or travel to a more friendly nation.
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The weirdest thing I've come across right now is probably the promoters of an altcoin project posting on board that are irrelevant to the project they're promoting. For example they post on gambling board when they are promoters of an altcoin project. It won't work in my opinion.
This is the job of the manager of the campaign to ensure targeted publicity is done and the marketing can attract users to the platform or project. Many projects would not hire a manager to conserve cost and end up running a campaign or bounty that does not reach the targeted audience or is promoted by shitposters who do not out the project in the right light.
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I will advice that you should not promote posts from unverified handles on social media as there are huge chances that it could be a scam, also you should post it along with the link to the original tweet as screenshots can also be edited.
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This is quite a very cool concept and goes to show there is a lot of potential for integrating bitcoin into different services. I cannot see non bitcoin users actually using it as many would consider it too technical from the get go, but it would at least get them involved in bitcoin and get them to research on it. More importantly it gives bitcoiners an opportunity to spend some of their precious coins rather than just keeping them in cold storage.
Extra points for the no shitcoins tag.
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I cannot watch the videos you sent right now. However the basics of a locked time transaction is that a specific transaction is created with a specified nLlocktime, and is not valid until the specific block height set is reached. So effectively, you are creating a transaction which is valued in the future at the set block height. With the knowledge that a block is confirmed averagely every 10 minutes, you can set the time range in the future the tx should be confirmed. This video explain about how to lock bitcoin and spend it. But I didn't see where the bitcoin go(I mean like address shown on video 1.)
The bitcoins remain in your address. What you have is a transaction which becomes valid at x block height and can be bradcasted then. You can invalidate the transaction of course by spending at least one of the inputs involved.
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