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December 10, 2023, 04:54:23 PM *
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1  Other / Beginners & Help / Re: Staying away from scam. on: December 09, 2023, 03:06:02 PM
If you are very desperate to get rich and you are also very greedy, impatient, and selfish at the same time, then the person getting scammed is just 5/6. Those kinds of people are what scammers are looking for.
Here in my country, from the 4th month approaching to the end of the year, what you will come across is all this get rich quick scheme. The same way someone who is greedy is looking for a way to get it real quick in a shot cut, so are those who are also looking for a way to make it and flex the end of the year big while also drawing their own plans. That's why you see all this scam project scheme bumping up from September to December and those who also want to make it fall for such.
But one thing most people need to know is that what you were not able to acquire for the past 8 months, is it at the end of the year that you will get that rich? There are possibilities of breakthrough in a short period of time, but not in the way they are always chasing after a money-doubling platform, which they end up losing the little they have.
2  Other / Beginners & Help / Re: Would you pay $1M dollars worth of BTC or USDT for an El Salvadorian passport? on: December 09, 2023, 10:33:18 AM
Is there some financial benefit that comes with that citizenship? Because that amount alone is big enough to set someone up for life in any country of his choice.
There must be some benefit to having such an offer because it's not a small amount of money, and that offer is not even for the common people. If there is more to be achieved when you are a citizen of that country, then many investors will take that offer, as they can rest assured that with time they will make more than that with the opportunity they will get to explore the country.
But left to me alone, I can't spend that much just to acquire a citizenship passport or visa. Well, let me just say this is my level of thinking based on my current financial status. If I have more, I will definitely think big, but still, the money is too high. Something between $100 and $500k is a little more considerate.
3  Other / Meta / Re: BCT vs BTT abbreviation for this forum on: December 08, 2023, 04:15:59 PM
Earlier before now, all I knew about the forum and its abbreviations was btt. I have even seen where someone abbreviates it to BTTF (bitcoin talk forum), which sounds okay to me, calling it BCT right now. To some, they will really understand it, but to many, that will be a total new word in their ear. Even if they have come across the word, they will give a total different meaning to it, and out of many, only a few will think about it as a bitcontalk forum.
Me, I also stand with the BTT, as that is what I have known the forum with for a very long time till now. Referring to bitcoin as BC, many people will also see it as a new coin and not related to bitcoin as we all know it as BTC. Any new word might make it appear to be a new coin all together.
4  Economy / Scam Accusations / Re: PEC scammed (Thanks BTT community) on: December 08, 2023, 11:49:06 AM
When you see something that appears too good and the profit is questionable, there is a higher percentage of it becoming a scam, and whenever I come across posts and advertisements that have to do with referrals and their benefits, such a system is banned to fail, especially those with higher referral rewards because they can't keep that going for long.
Then again, another question you need to ask is: Why do they want to sell something online to you and still want you to resell it back the same way online to another who is buying it? Is there truly a good or property in there that is being sold, or are they just pictures that are added there with a price tag on them? Or, as I see in such a service, is the Ponzi scheme in another form, trying to convince people they can make a whole lot by just putting a few dollars.
5  Economy / Reputation / Re: Light_warrior / Memorial thread ... 🕯️ on: December 08, 2023, 09:38:11 AM
Sometimes names only ring through our heads when things like this happen. I join the many who have only come across the posts of @light_warrior on several occasions but have not had a one-on-one encounter with him.
It's sad we have to lose a member of the forum. I send my condolences to his family, and I pray he finds peace and rest in the afterlife. May his soul rest in peace.
6  Other / Beginners & Help / Re: What should new cryptocurrency users do first?🙏🙏🙏 on: December 08, 2023, 09:24:46 AM
Know what you are investing in, what the use case is, and how secured it is, not just some random project with a fake promise.
Have a reason for investing, and then you need to learn the best way to protect your coins and where and where not to leave them for a long time.
7  Bitcoin / Bitcoin Discussion / Re: Finally I did it (I am happy to join). on: December 07, 2023, 11:00:58 PM
Congratulations on your first bitcoin purchase. It was really not an easy decision for you to make, but you still pulled it out. One thing that interests me the most is that you moved it over to a self-custodial wallet where you can be in charge of your own security.
But how do you manage to withdraw from Binance with the high rate of fee that they charge more than usual this period? With the rate of transaction fee, I can see the need for buying in bulk rather than the normal DCA because the fee alone can be almost equal to what the person is buying.
Next time, if you want to buy more, you can use Dex exchanges to make your purchase; their fees are relatively lower than what CEX charges for a single bitcoin transaction. Congratulations on joining the Hodlers family.
8  Other / Beginners & Help / Re: Beginners struggle to rank up but established accounts leave easily? on: December 07, 2023, 10:14:40 AM
In terms of account growth, using the examples mentioned, I think knowledge played a very vital role in the way their account was being recognised over that period of time.
When it comes to leaving the forum, we all have our own personal things going on in our lives, and most times is it better, we don't let them out in the open. Most times we can also let them out to the public and seek their opinion, but it's our personal life, so it's private to us, and we don't need anyone to know about it in an open space.
The same way we have free means of entering the forum without any government or individual approval, so I see it as the same way anyone can leave the forum, irrespective of what reputation they have gathered;
It's their choice, which I can't stand to question. The good part among the two mentioned members is that they announce their existence, which will save a lot of stress in the future from their accounts being hacked and impersonated.
Maybe the second user's account will be tagged or locked, to avoid it being hacked and used by anyone, just like that of your 1st example.
9  Economy / Gambling discussion / Re: Gambling and Behavioral Change!!! on: December 07, 2023, 09:16:22 AM
Does any of feel behavioral change in you based on the win/loss in gambling. Myself had experienced it, and personally I used to be happy and I used to be polite with my family members and kid whenever I am on profit. On the day of losing it changes exactly in the opposite way, even for simple things I get much anger. Particularly while giving food to kid patience is must. On winning days I let him take his own time and eat. On the losing days I used to shout at him. I'm addicted, and I want fellow gamblers to make a self analysis at regular interval and be on the safer side.

This is common among gamblers; it might not appear to be a good thing, but the truth is, almost everyone feels the same way. No one ever feels completely happy for losing money, be it just 1 cent or millions of dollars, depending on the status of the person. We don't completely feel happy for losing, and then again, there is this joy we all get from winning money from casinos. Credit alert has it on the way of adding a smile to someone's face, so it's a natural thing.
But the only place where I find it not right is to transfer aggression. I mean, when you lose in your gambling games, instead of leaving the casino, go back home. If your mode is completely ruined, you can take a bath and walk straight to your room. Getting a sleep can cool things down, but instead you choose to pour that anger on your siblings and loved ones. Such an attitude is what is highly classified as bad gambling behaviour because if you don't control that now, that's still in anger and shouting mode. Who knows what it will escalate to next time?
10  Bitcoin / Bitcoin Discussion / Re: People losing their Bitcoin is not a risk to Bitcoin: on: December 07, 2023, 08:29:55 AM
There are people who just come online and run across some information; they read it just for entertainment purposes and to kill boredom. There are also people who just search for information online, get the answer to the questions they ask, and transfer it just the way they see it to another. There are also people who actually read, understand, and practice what they have learned. Those people are the ones who are really security-conscious.
Here is a Bitcoin community where people share useful information for it to be helpful to others. It's now left with the next person to treat the information as important as it should be or take it for granted and fall into the trap of making a mistake that could have been avoided if there was attention given.
This is just life. Only a few people practice what they preach, while others act strong while making careless mistakes. Just like someone who praises and supports bitcoin as a privacy coin and still moves their holdings to a centralized exchange where they need to pass KYC, where is the privacy right there?

For those who don't take security seriously, losing their coins because of that is more like doing the coin hood than harm, as they are contributing to a number that could have been in circulation, which serves as a donation to the growth of others.

11  Bitcoin / Bitcoin Discussion / Re: Looking to sell a computer to raise money to invest in Bitcoin. on: December 07, 2023, 06:41:53 AM
If you are already getting free $100 from your parents for your personal use and you have been using that amount to buy BTC for the past few months now, what then do you have to sell your computer in order to buy more BTC?
By the way, the computer you plan to sell in order to raise money to accumulate more BTC—what use is it to you, or are they just some old computers that you guys have in your house and no one is making use of them? If so, then it will be a good option to sell them off because, as time passes, so does the value.
But if they are your personal computers that you use to run your daily work, I will advise you to keep them intact and don't make any moves about selling them off because nothing too positive might come out of that.
Don't get too carried away with the way the price is moving up this period. You never know what will happen next. Although the chart is looking all positive, it's not really worth losing something very valuable and useful just in order to buy more of it. You will always have a chance to buy more bitcoin.
12  Economy / Scam Accusations / Re: scamming again so much for No KYC for Crypto on: December 06, 2023, 07:28:38 PM
First, the format you use to report your scam is not correct. You need to use the right scam accusation format to make things easier.
Secondly, you don't just need to believe whatever welcome note you see on a platform, be it a casino or any other platform that requires you to entrust them with your money. Always make time to go through their T&C and see what they say about your account registration, withdrawal, and deposit, and see if they truly do not care for KYC.
I just did a quick search and found out that some other members of the forum have already figured out the KYC part and quoted it in a thread where someone asked for it. I will quote their terms and conditions for you to see where they clearly state they will request KYC.

Know your customer (kyc)

After registration process the User shall provide JustBit with valid identification information under these Know Your Customer (KYC) procedures. The User shall undergo KYC procedure after completing the registration of User’s Account and:

   Before first withdrawal of funds irrespective of the amount;
    In case of a deposit for the sum equal to or exceeding 2000 euros or its equivalent in virtual currency;
    In case of depositing in amount of 7 500 euros (or its equivalent in virtual currency) or more (by several installments) by the same User during a month.

You can either give the KYC a try if you want to get your withdrawal out of there or you can let it go and don't hope on getting the money out. Maybe the previous withdrawals were not yet up to the amount where they requested KYC, and this your last request could be what clocks it up to that. Maybe that's the reason for the KYC request, just my guess.
13  Economy / Gambling / Re: - Free Help for Problem Gamblers on: December 06, 2023, 06:41:42 PM
Personal willpower is crucial to resisting gambling. The psychological appeal of gambling must also be considered. We could also promote self-regulation and mindfulness in our culture. Could community support groups or gambling psychology education be helpful? A community that encourages self-awareness and responsible gambling may help us address this issue on a personal and societal level
Exactly what social groups are to be for, if not to support individuals and even to expand the help outside to none members, it's not just about helping each other to raise financial help when one member is in need. I have seen a social group that comes out to educate people about a particular issue that is affecting the youth of that community, which were drug abuse, alcoholism, and gambling addictions.
They were going about educating people with a few flyers on how they could be able to stop whatever they were addicted to, and it was really a helpful orientation. I notice that day passed through them to the audience, which gave them a listening ear, so their age groups are like that, and if society can have more of that, it will really help some young gamblers who don't know their way around. We know information is all over the internet, but there are still people who pay attention to old-school ways.
14  Economy / Gambling discussion / Re: How Do You Convince Someone On Something That Will Not Work on: December 06, 2023, 06:18:20 PM
We all know Martingale will not work in the long run, should I let him find out himself but that will incur a heavy loss in this case.  Cry
Or should I discourage him by showing him videos, articles, and testimonials?

This is a really tight situation, as you are left with no better options. You might also be considering what the outcome of the discussion will be with him, what he will see it like, and whether he will not think that you don't want his success, and by so doing, you are trying to talk him out of making more money over the weekend.
Then again, you could also be thinking, On the other hand, if you keep quiet and say nothing and he proceeds with his decision and makes the deposit and loses all that money to gambling, will you be happy with yourself knowing about it and you did nothing to change his mindset?
The best thing to do is do whatever you can to tell him the risk ahead, even if it takes you to show him videos or online articles. Anything you know might look more convincing; just try as you can. If he doesn't want to listen, you can let go of whatever outcome of the weekend gambling comes for him; it's no longer your business; you have cleared your own mind. To me, that's what matters.
15  Economy / Gambling discussion / Re: How do you deal with high transaction fee on BTC on gambling? on: December 06, 2023, 06:08:37 PM
How do you deal with this problem? Is there any casino that allows no confirmation to deposit? Let’s say I will send my Bitcoin using fee below average and then play while it’s still unconfirmed. I knew that some casino do have instant deposit but I never try depositing much lower fee to the average fee if they will still credit instantly.

No casino will ever allow that, and that will be a risky thing for any casino to do because people will take advantage of that situation in real time, and secondly, casinos are making use of every deposit, moving it down to their cold wallet. At least that's what most centralised systems do, so they can't move an unconfirmed transaction to a safe place.
Another thing is that someone who makes such a deposit and is allowed to play a game could also be like someone who walks into a casino to make a bet on credit because the money is not yet in the casino's hands, and if the gambler ends up losing on all his games, that will stop the person from cancelling the transaction, as that could easily be done when the transaction has not undergone at least one confirmation.
I don't think there is any casino taking such a risk out there; all they can do is provide other deposit options to make things easier for their customers, if they don't already have one available. I mean, those BTC-only deposit casinos.
16  Economy / Service Discussion / Re: New to this on: December 05, 2023, 11:11:15 PM
The domain, which the OP posted, might really be wrong – either spelling mistake or something else, but I think we understand, where the OP is heading.
Someone online might have directed the OP to create an account on a broker site and hand him a promo code, which, when entered in the provided space in the OP's account, a specific amount will be funded in the account. The OP might be looking for means to withdrawal that audio money from his wallet or personal bank account. 
Und if what I'm sensing is correct, then this is a total scam and the OPs need to be careful, as they will requires him to make some deposit in another for him to be allowed to withdrawal the awarded to him as promo, which we all know, how such ends.
So, if you are to come back to this thread and you know someone gave you the code and requests you make payment before you can withdrawal, please disengage from it, as you will end up losing money. There is no free money on the Internet.
17  Other / Meta / Re: (Any Guesses?) Are there many real (unpaid) people still posting here at BCT? on: December 05, 2023, 10:26:34 PM
Hello, I have spent many hours studying the old threads at your wonderful forum, and I suggest to anyone they do the same. The amount of challenging, high-quality topics combined with no spam or sigs is a refreshing retro experience for me. As we quickly head into 2024, do you think there many real (unpaid) people still posting here at BCT? Have a great day.

Yes, there are active members who don't get paid for posting, yet they are very active in this Forum. Someone like Vapourminer, JayJuanGee, and many others, who are mostly just active on the wall, observers can see, how active they are there, even when there is no signature displayed there.
But are quality posts being graded by you based on the amount that the Poster is being paid? There is no doubt that the pay is what increases the post-quality of many, but also don't forget that when you don't have anything to produce, even if you are being paid a higher amount, nothing can still come out of it.
There are people, who are just active on the forum and contributing the way that they can and not minding the payment, and their are still those, who get paid and still giving their best to the Community. Every person has different goals.
18  Economy / Gambling discussion / Re: Are You Tax Efficient With Your Gambling Habbits? on: December 05, 2023, 10:04:05 PM
But that is precisely the issue, we are taxed on almost every single transaction that we do and for every dollar we make, so in the eyes of the governments why make an exception for something like gambling? Still even if in your country tax authorities are not very effective, if you earn a high amount of money through gambling then I would say that it is better for you to pay whatever tax you are due and simply forget about it, if not then you should not be surprised if they eventually come to you to get their due payment.

There is one thing that people usually say in my locality: "They say the government always comes for the big fish; they don't waste their hook on small fish in the river; they allow them to grow bigger so that they can also achieve bigger flesh."
This is the same thing that happens with regulators. One might think they have been able to outsmart the system by avoiding tax, but the government might have seen what you ate doing, but looking at the amount involved, they might decide to play a blind eye on it, just waiting for the right time to hit you big, and that right time is when you have either won a big amount from that same thing you refuse to pay tax for or when you have made a big name for yourself and they realise you are equal to whatever you will be sanctioned to pay.
So sometimes I just think that it's better for us to pay out our tax on time if necessary without waiting for them to send notice, although here in my country I believe our tax is added to almost all spending that we do, so I don't even think we can withdraw our big winnings without the casino taking off the tax themselves.
19  Bitcoin / Bitcoin Discussion / Re: Are you feeling FOMO like I am? on: December 05, 2023, 09:54:43 PM
Having BTC and holding them is the same thing as someone who is wealthy and has a lot of properties and investments, but to some, it always feels like they don't have enough yet and need more. Why do some people always get to a level where they say, „Yes, I have arrived, and I don't need more things aside from maintaining the ones that I have got?“ This is just the same way I see BTC.
If I'm the type that's looking for quick profit, I will be very sorry that I don't have any BTC holding or not having enough holding now that the price has gone up, but currently I just feel so much okay with the little that I'm holding. Maybe this could be as a result of me not having enough money to invest in it, or probably this is because I know, no matter the price, whenever I have money to acquire more, I will still do that. This FOMO does not really get to me this period.
20  Economy / Gambling discussion / Re: Winning big amount after watching streamer on: December 05, 2023, 09:39:19 PM
That's the essence of having gambling streamers they are there to motivate, tempt  and capture our interest  towards a particular game or casino, I mean that's what they are paid to do (to motivate us).  it's great trying out new games we ain't uses to as we don't know where in particular our luck lies, can be luck to beat the game at a first trial although not always the case, but when trying out new games whether the outcome turns out to be positive or  negative we should not get carried away by it, we keep our cool for just because it's a new game or it's your first time isn't a warranty that outcome  was supposed to favour you. Lucky op, congrats to him.

That's just the thing: I see all these Streamers as people, who are their just to make others play the game. It's not as if they don't help others win, like the OP was able to take advantage of the situation, but in most cases others are. „It really that lucky and it doesn't work for them. They normally end of losing a few Dollar on their first try, and sometimes they continuously keep losing and don't know when to call it a stop.“
That's why we just have to try our games when we see them, with what we can afford to lose, just as our usual gambling procedure, and not to wager above what we use to because of a special betting method which gives us a higher chance of increasing our winnings. We just always have to proceed with caution, no matter how easy the game winning might appear to be.
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