I was browsing several topics about bitcoin here and found the term "hodler". I know it is someone who prefers to hold coins, I presume to sell it for higher price later. And also I heard of "speculators"... btw how can someone speculate whole market, or at least a part of it like a cryptoexchange? In my mind being a speculator means you agree to set the particular price(lower or higher) with other speculators like you to manipulate market participants. Am I right?

And so I come to the topic of behaviour of people. Recalling a piece of book I read about economy, all people have demands driving their actions the certain way. So, what patterns of behaviour are there in btc market? More simply, what people buy and sell coins and in which cases? Who are all those hodlers, speculators, and how do they behave? I hope I asked clear question and we won't have misunderstanding about it.

I want to start freelancing related to IT(including programming but not limited to it) and set up my own web site for this purpose.

If you are pro IT freelancer, can you tell me how you began this carrier and what ended up as result? I would really appreciate if you can tell me how you promoted your services

Здравствуйте, имеется несколько вопросов:

1. Я p2p трейдер, что я должен знать про продажу криптовалют в России? Я слышал про закон "о цифровых правах" который вносит изменение в законодательство, но касательно этого нашел только статью 141.1 в ГК. То есть как я понял, нет отдельного документа который был принят законопроектом, есть много изменений в существующие. Можно указать ссылки на документы или изменения которые я должен увидеть?

2. Есть сервисы которые предлагают открыть iban счета в европе, например mistertango.com. Они передают информацию про открытие счета в Россию? Что я должен знать касательно законности использования таких счетов?

I am a junior programmer and I know only cryptography basics, e.g. what hashing can be used for, how you encrypt your communication channels with asymmetric cryptography, message signing, what certificates are for, some PKI stuff, etc. Maybe in future I could audit cryptocurrency-related software, now I am playing with security things as well.

But the point is, I am not proficient in all of these things, just a beginner. I didn't even fully grasp the way bitcoin protocol works, I can tell you only about pieces of it.

I really would like to contribute to cryptocommunity, I can dedicate my time to any of activities I mentioned(except cryptography: I can learn much about it as long as it doesn't transform to mainly mathematical stuff).

And particularly, I'd like to do it all for money. Is there any project you can think of I can participate in?

If you think this topic should belong elsewhere, let me know.

I have about $1k in local currency (Russian ruble) and I strongly believe that this currency is not the best choice to store money for long periods.

As you might know, there was a Crimea occupation done by Russians about 5 years ago. This was followed by sanctions USA and EU put onto Russia. After that ruble devaluation started. It actually could be stopped by now, at least hindered, as some serious people say, but the Bank of Russia(local fed) doesn't do anything. Though it must and has all resources to.

I suppose I will convert it to either btc or usd, I can't choose what is better... maybe I have to store money %50 in btc and %50 in usd... but I read somewhere there can be another global financial crisis soon... perhaps I could only store it as btc, I know there is a lot of people in Nigeria buying btc because its currency is hyperinflated and majority of population there don't have bank accounts. Well, the policy of Bank of Russia can also lead to unbanked population due to the fact there are lots of banks blocking all "suspicious" transactions without even explaining why it is so "suspicious". Oh and you also should tell where did you get this money and where they go to, otherwise we close your bank account, dear terrorist-money-laundering scum client.

I have reasons to believe Russia will finally turn to its African sibling in several years.

I know this is opinion-related topic and I shouldn't consider your answer as financial advice. Anyway I'd like to see what you think about it and what you would do. Even better, you could reason why you think this way.

I found in privacy policy of one particular exchange that it transfers data about me to credit organizations. Actually the same is true for banks.
In what cases do they do this thing? If I make big enough trade volume at exchange, say $50,000 for year, is this information transferred as well? I suppose it happens only if you do margin trading or something... don't know much about it, except that you take loans from brokers...

Yeah I realize $50k is not big for you

Собираюсь начать принимать плату за биткойн через банк по картам. Переводы по одной карте врядли достигнут даже 15k. Уже читал что могут быть проблемы с банками...

1. Как вы думаете, может ли банк заблочить счет если через него проводить операции сумарно 80k-100k рублей в месяц?
2. Если не забираться за лимит в 15k по карте, проблем же не должно возникнуть?
2. Банк обычно блокирует карту или счет? Я читал что если блокируется карта то банк предлагает ее перевыпустить. Какие то проблемы после этого наблюдаются?
3. Может ли банк зарепортить о подозрительных операциях другому банку или в кредитную организацию при моих объемах?
4. Что делать и говорить банку если будут проблемы?

bump

bump

Russia, I don't understand how it changes anything...


Sorry, do you mean my overall trade volume on platform or upper limit of trade offer? I already have traded $500 or so

I'm not sure if this sort of question should go to this forum branch, please suggest a better forum section if you think this topic has to be moved.

I'm paxful trader, and sometimes I see notifications about users looking at my offers, but not taking them. I am sure this is partially because of my identity check procedure, where a customer should present a photo of his passport(if he doesn't wish some data to be shown, he can blur it) with his payment method's account name. Honestly I don't like it myself when I am being asked to do it, but how can I otherwise check a user is not fraud/hacker/etc?

My offer limits are within range of $10-$150, perhaps I'll extend it in future. This is not big money, maybe I shouldn't worry about fraud with these offer limits at all? Who knows, many customers are living in countries where $150 is treasure. There are some from USA and EU, of course.

Do you think I should set this $10-$150 offer without id check requirement?

How can I check my customer's identity if I should at all? There are people who can in fact "sell" their identity to his partner, register accounts for themselves, and give him control over it. My checking procedure is just senseless against them. But having my own accounts blocked for suspicious transfers is not good as well.

I want to buy about $150 worth btc every week, distance from market price can't be more than 5%. Payment methods will be discussed

PM me

P2P trading implies high fees (5% in best case); maybe binance is good choice, as long as I don't keep a lot of funds there... I heard it can freeze your account and ask you for verification even if their ToS don't require that.

I want to register at dsx.uk to buy btc for market price, I have to make a fiat deposit either via their card(epayments) or bank wire. Obviously this thing conforms to KYC regulations, which nobody likes. Suppose I submit fake documents, do you think I'll have troubles depositing to exchange with bank wire? Normally any financial service requires you to deposit from your own bank account, I'm not sure if exchange would check where money come from.

I also want to hear from you how many times you submitted fake documents to crypto-related services, and how it turned out in future. Did you have your accounts locked? If so, how much time passed between locking and verification process? I was stupid enough to believe this government-forced bullshit which anyone can bypass with a bit of photoshop.

The most funny thing I wasn't scammed for money on paxful though many tried... didn't click on links or so, even caught someone for lying... but here it is the most stupid thing I could ever do

Estonian exchanger was issued financial licenses for financial operations with digital currencies, though. I checked it via site about company registrations info in the country.

I realize I am actually an idiot but I didn't check how dangerous it really is before doing it. Anyway all those services seemed legit.

I sent passport id photo for kyc on skrill and paxful, and also bitcoin exchanger in estonia(EU). I picked the last one on popular site bestchange.com, it is working for 1.5 year...

Do you think I have to change passport or this is just a panic? I am thinking about this all for several days...

I use skrill to sell btc. Before I give my potential customers my email to send money to, I ask them to give me their id document, e.g. passport, and screenshot of their profile page, so that I can see the names in id and profile match. I do this procedure to ensure the account wasn't hacked.

But this also makes customers who don't like giving this info for whatever reasons, refrain from me. I want to have another identification method, like sending sms to their number. If customer has access to his phone, he can enter the message I sent him, to me again.

Thing is I am not sure how skrill account can get hacked. I guess this can be done only via email: you get email, you ask skrill to reset your password and now you have access to other person's account. If you have skrill user's phone number, you can't do much with it... or can you? It looks like phone number is used only for verification when user creates skrill account. I don't see any way hacker can use it in case he knows what phone number is.

I'm beginner trader on paxful, I've had successful trades for low amounts already, and I don't have buyers which I can trust totally. But deals were all successful nevertheless

There are already some methods(and good platforms like bisq) which are very good for sellers because of their irreversability and other factors, but unfortunately people don't use them often. Honestly majority of buyers prefer to use only worst payment methods like paypal, and centralized exchanges, which impose a lot of restrictions and drawbacks.

It is prohibited to use these services in their ToS, and so how can I avoid being found selling btc with them? I know about chargebacks and so, but I am interested about how people get banned(and how to escape it) in these platforms, though in case someone makes chargeback against you, administration can learn that you sell btc. Maybe you have a story to tell?

Only things I can think of is telling your buyer not to send additional message with transfer and do as few trades as you can on account, but I need your advice.

I believed trading with altcoins is even more risky than btc trading. Bitcoin is quite established in market and its price is less volatile as I think. Most of altcoins are new and nobody knows, or give convincing reasons, what their price will be. It is more like total lottery for me, with btc I am sure its price won't fall to nothing, I can't tell the same about altcoin. How much is trading with altcoins similar to btc trading?

Btw what is difference for me to trade on OTC exchange and regular exchange? I can set price + my interest rate on any platform, and it looks like I can trade offers with small btc amount on OTC.

Since some of you trade or traded with crypto, how much time did it take for you to earn money when you realized learning trading was worth it? That is, when did trading start to generate somewhat serious income? Note this is not about stable income