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1  Bitcoin / Bitcoin Discussion / Re: Can you only have a receiving address pay send bitcoin? on: June 25, 2023, 11:32:12 PM
And not all of the bitcoin addresses sending?

I just want to send from the last receiving address, the exact amount that it received? How do I do that?

Which wallet are you using?

Safepal
2  Bitcoin / Bitcoin Discussion / Can you only have a receiving address pay send bitcoin? on: June 25, 2023, 11:17:58 PM
And not all of the bitcoin addresses sending?

I just want to send from the last receiving address, the exact amount that it received? How do I do that?
3  Bitcoin / Bitcoin Discussion / Re: Have you, or would you ever use a Bitcoin ATM? on: June 25, 2023, 11:15:41 PM
I've seen them pop up all around me, in small convenience stores and even restaurants. I was wondering if it's a good option to buy a gift for someone else, or are the fees too high and it's not worth it? Also I'm not sure how it works but figuring they give you a private key, and how safe is that?

It isn't safe, it's cost-inefficient and if you have an alternative (which everyone does) then use the alternative.

The alternative?
P2P markets like AgoraDesk, which allows you to trade Bitcoin to-and-from for cash, gift cards  and more. The fee is 50-80℅ lower than Bitcoin ATMs, so it's a no brainer to try P2P marketplaces before using an ATM.

In terms of safety, P2P is a lot safer than how ATMs go about their operation.

It is also inconvenient since I have to go out of the safety of my house just to convert my Bitcoin to fiat or vice versa when I can just transact online using either centralized or decentralized exchanges.  Besides micro payment processing apps have cryptocurrency features where we can exchange and convert fiat and crypto accordingly.

I am always worried about being scammed on sites like that. The ATM gives you bitcoin when you put in money. What if someone says they didn't get your payment? But you already mailed out the money?
4  Bitcoin / Bitcoin Discussion / Re: Have you, or would you ever use a Bitcoin ATM? on: June 25, 2023, 11:13:39 PM
I've seen them pop up all around me, in small convenience stores and even restaurants. I was wondering if it's a good option to buy a gift for someone else, or are the fees too high and it's not worth it? Also I'm not sure how it works but figuring they give you a private key, and how safe is that?

Long as they're not the type that asks for ID. Yes. It's the only bitcoin I buy because KYC is very bad to go through to buy bitcoin.

Don't ever give your ID.
5  Bitcoin / Bitcoin Discussion / Is it true that if you bounce bitcoin back and forth to different wallets on: June 25, 2023, 11:11:27 PM
that after a certain amount of time the bitcoin becomes practically anonymous? As in, not being able to be traced back to the original KYC exchange, or in the case of "tainted" bitcoin, that?
6  Economy / Exchanges / Re: Is kyc verification dangerous? on: March 11, 2023, 05:40:21 PM
I do not see anything that could go wrong way by providing ID.

Until the gov decides to ban bitcoin, or impose some new tax on unrealized capital gains, or a million other things it could do. And they know exactly who owns bitcoin, so they would be coming directly to your doorstep wanting to have a chat with you.

My question to people who like KYC is why risk your future when you know how historically governments tend to want to limit the freedom of their people?

7  Economy / Exchanges / Re: Is kyc verification dangerous? on: March 11, 2023, 05:33:36 PM
KYC is the most dumbest thing that's ever created that's related to cryptocurrency.
I mean we all want privacy as much as possible right. The problem right now is that, if we really wanted to buy some coins, we need to do KYC in various exchanges. I don't know if there are some exchanges (aside from DeFi) who aren't doing KYC for their customers.

As much as possible, we don't like KYC, but it's required and will be required if we really want to buy and sell cryptocurrencies. TBH, I've also done KYC in Binance just so that I can buy certain cryptocurrencies. I don't like it, but it's needed in order for me to use their other services, and there's nothing that I can do. Yes, it's dangerous, but is there other way for us to use a particular platform without sharing personal information to them?

In the end, it will be a choice between just sharing your personal information, or not using the platform at all.

There are still ways to buy bitcoin without KYC. And there are still exchanges that don't require it. I highly recommend to buy some anonymous bitcoin while you can.

But anon bitcoin and hold it. You can still use your KYC bitcoin but anonymous bitcoin might become more valuable one day just because of the anonymity.

I'd personally pay a little more for mined bitcoin that hasn't been traded on an exchange, and, I'd pay more for older mined bitcoin than newer mined.

Too bad there exists no area where people can just meet each other IRL (in my area) and buy or sell bitcoin. Everyone in my town exclusively wants to buy and no one is selling.   
8  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the chances DAI and USDC will depeg? on: March 11, 2023, 05:28:53 PM
Before going further please do not mad at me if I say this post doesn't belong here take it to the speculation board https://bitcointalk.org/index.php?board=57.0 where it would be properly discussed, this section is more of bitcoin related discussion.
As per your question there's every tendency for that to happened if terra USD could fall to zero what more Dai.

That board is for speculation of the Bitcoin market. If anything, it belongs in the Altcoin DIscussion board considering USDC and DAI are both altcoins. If you're going to try and be a moderator, at least do it right Roll Eyes

It's unlikely that DAI or USDC will fall to zero because they are not inherently flawed like Terra was. Terra was built to fail...I do not believe that DAI was built to fail, and while I do not believe in the values of USDC, I also do not believe that was built to fail. I do however, believe that USDC have been very irresponsible in their management (evident of their losses in Silvergate) and therefor may fail (or at least be hindered) due to this reason. My guess is that they will be bailed out though and all will be fine. This could be an opportunity for the fed to step in and take a piece of the USDC empire, pre-CBDC.

Can you elaborate more when you say built to fail?
9  Economy / Economics / Re: USDC Depegging due to Silicon Bank collapse on: March 11, 2023, 05:28:25 PM
Why is DAI also depegged right now?

If USDC went to zero, would DAI go to zero too?
10  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the chances DAI and USDC will depeg? on: March 11, 2023, 05:27:50 PM
It's looking kind of scary right now.

It depends on the news of the crypto market and the regulations. Another thing is if one exchange pauses the withdrawal of USDC and DAI, then everyone will start to panic. So my suggestion is to buy bitcoin rather than using USDC or DAI in this situation.

Looks like the falling knife has been caught.

The thing with stablecoins is for when you want to buy bitcoin on flash dips.
11  Economy / Exchanges / Re: Is kyc verification dangerous? on: March 11, 2023, 06:27:54 AM
This is why people here stress you should buy bitcoin without KYC. Privacy is essential!

KYC is bad and should be avoided at all costs.

At very least, XMR swap, or mix your coins!

KYC is not bad because it’s the way to determine the people background. It’s purpose is to detect any fraud that involves money laundering etc. It’s just bad on crypto space since most of the project here doesn’t have the capacity to safely store the data of their consumers that’s why undergoing KYC on crypto projects is dangerous but KYC purposes itself is good if you are a law abiding citizen since your privacy is safe if the company handling it is license and trusted due to the confidentiality clause for the KYC procedure.



Yeah in a perfect world I guess but it's not just about hacks, it's about governments trying to be like Big Brother watching everything. Hell, I'm against it on principle of "I don't want anyone knowing how much money I have because it's none of their business!"
 
In fact, it's not even about "safety" it's more so about control. All this KYC stuff is the result of 9/11 'paranoia' in our government, and other people in our government used the opportunity to push for less privacy. It's all hogwash. We don't need KYC, it does more harm than good. Bitcoin is supposed to be like cash, a digital payment method, it's not supposed to have a name to every wallet. Some anoninimity was intentional by design. Anyways, there will come a time in which it will be impossible to buy non KYC bitcoin, and probably no way to erase your paper trail as I predict one day XMR will be on the chopping block... so I suggest everyone reading this do it now while you can.

In a perfect world we could trust that it would be impossible for governments to do bad things to its own citizens, in a perfect world governments would not even want to control its citizens, the government would promote individual freedoms and love granting liberty to its people. The US government is turning into the Eye of Sauron.

12  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the chances DAI and USDC will depeg? on: March 11, 2023, 06:20:19 AM
As is USDC
13  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the chances DAI and USDC will depeg? on: March 11, 2023, 06:19:54 AM
Dai is 94 cents right now
14  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the chances DAI and USDC will depeg? on: March 11, 2023, 06:19:30 AM
https://coinmarketcap.com/currencies/multi-collateral-dai/
15  Economy / Exchanges / Re: Is kyc verification dangerous? on: March 11, 2023, 05:28:00 AM
This is why people here stress you should buy bitcoin without KYC. Privacy is essential!

KYC is bad and should be avoided at all costs.

At very least, XMR swap, or mix your coins!
16  Alternate cryptocurrencies / Altcoin Discussion / What are the chances DAI and USDC will depeg? on: March 11, 2023, 05:26:06 AM
It's looking kind of scary right now.
17  Other / Meta / Hey, is there a way to delete my account? on: July 09, 2022, 08:06:53 PM
If so, does the content that I posted on here stay on here under my name or does it show up as "deleted user" or something like that?

I dont really mind my account remaining on here but the issue being my IP address being stored/logged could cause me trouble in the future. So does deleting my account remove all the stuff I posted?

If not, does deleting this account disconnect this account from those things posted? Or is it still stored/logged? In which case the best I could do is simply remove everything I can from what I posted. I honestly would like to keep those things up... but... Idk if it would still be connected to this account, which was connected to my real IP at one point. Idk.
18  Bitcoin / Bitcoin Discussion / Re: Hypothetically keeping your bitcoin when you die? on: February 22, 2022, 01:13:48 AM
Come on dude, you're not fantasizing about the BTC you have in the future please be realistic and be a social being, think about your family and friends. you must realize what you want is something that not real, you and us never be live forever more than 100 years forget about money and enjoy your life

Yeah, I plan on leaving most of my btc/stuff to whatever family I have that survives my death. But thing is who knows if I will even have a family? I dont have kids atm, and there is a good chance I may never. I might be the last of my bloodline. Lets just say I'm not particularly good looking. But if I do, I'm already saving now for those potential kids I may have one day.

Thing is, I kick myself as I missed out on bitcoin back in the day. Now, will be lucky if btc goes to a million 20 years from now. I doubt I'll see the success in my lifetime. Maybe see my money grow enough to go from being dirt poor to maybe middle class and if I have kids they can have a nicer life but that's why I fantasize a lot.
19  Bitcoin / Bitcoin Discussion / Re: What if crypto mining is outlawed ? on: February 07, 2022, 09:40:02 PM
I mean I get the big warehouses are easy to spot but people in their homes?

Smallest miner that actually makes sense to run if you have under 10 cents power is an S9, let's assume you have only one of them.
1400W burning 33kwh a day, 900kwh a month.
Everyone who is not from the US or Canada go and look at your electrical bill and check how much you have used in one month.  Wink

Second, miners run 24/7 it's so easy to track individual miners as no normal household would have such a huge and flat consumption all night,  even heaters or air conditioning systems do go through speeds and power left on automatic, they are not continuously using the same power.
And that's for an s9, doing the numbers for an s19 you would consume more energy in one month than the average household in France in 6.

So, pretty easy to spot individual home miners.
And the second is the noise, imagine living in one of those commie blocks of flats where you can hear farts at night and your neighbor runs a miner that makes more noise than a standard vacuum cleaner, again, 24/7.

Well you could just say you like running your electric heating and portable AC at the same and have tons of fans on because doing so keeps ghosts away. I guess you're screwed if you live in a thin walled apartment, but if you have your own house out in the farm lands wham there ya go.

Or also, offsetting electric costs with buying bunch of solar panels maybe?
20  Economy / Exchanges / Re: Are there any bitcoin ATMs in the USA that do not require SMS/phone numbers? on: February 07, 2022, 09:34:51 PM
All require at least an SMS for smaller amounts, all then require ID verification for larger amounts.
The ID verification amount really depends on the ATM operator and the state that the machine is operating in.
There are a lot of other ways to get BTC for cash. Even localcryptos.com is probably a better way if you have a place to meet that you feel safe.

-Dave

Yeah, I heard there used to be ATMs (or exchanges) back long ago that didn't require anything. guess those are long gone. I figured maybe some nations might still have some

but yeah I guess I should just figure out some driving to local crypto. I'm slightly scared of the idea someone could rip me off.
seller "Hey, I'll give you .01 btc for cash.
Me okay cool here you go.
seller "Here you go, dont worry its gonna take 20 mins but you got it"
Me: Okay sure.
"Guy leaves"
It never arrives.

Idk, I guess it's just like I show the money, then, they give the btc, we both wait for the transaction then when clears give cash? Like sometimes it can take awhile. Idk
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