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1041  Economy / Service Discussion / Re: Found my old account with Freebitco on: March 19, 2023, 03:38:16 PM
Yes, it's working in my account now.
I tried to recover it now and it was created in 2017 when I was new in crypto.


Believe back then that I can raise so what could have worth something by just solving some captcha and roll free after some few minutes. .
It's 60 minutes or 1 hour cool down before you can collect again.
It seems wasting of time for me. Cheesy
Unfortunately, the good ol' days of faucets have ended. I remember Freebitcoin giving as much as 1,000 Satoshi per roll. It wasn't worth much back then, but the amount of Bitcoin you could receive from just a faucet with almost zero effort and a few minutes of your time was impressive. Moreover, you're having a bonus, so you're receiving 7 satoshi per roll; the normal payout is 2 satoshi. It's certainly not worth it anymore, but it doesn't require any effort, so I may occasionally use it from my phone, hoping to get lucky sometime in the future.
1042  Economy / Service Discussion / Re: Found my old account with Freebitco on: March 19, 2023, 01:43:09 PM
I also recovered my Freebitcoin account two years ago, which contained a few thousand satoshi. It's one of the oldest, if not the oldest, faucets around and probably the most trusted one. I personally like its simple design and layout, which has stayed the same throughout the years. I still use the faucet and often their multiplier as well. I've never won a significant amount, though despite using the platform for years, the most I've won is 5,000 Satoshi, twice, in their daily wheel of fortune, and 820 Satoshi, twice, two days ago. It doesn't consume any time, so I occasionally roll the hourly spin.
1043  Economy / Service Discussion / Re: Binance launches new cloud mining for Bitcoin on: March 18, 2023, 11:32:38 PM
That's not new it was launched last year I don't know how profitable their cloud mining but why not calculate them using this tool below?

You can find some details here https://pool.binance.com/en/cloud The last time I visited the site, the service was not available, but now it seems that it is available, with prices starting from Start from $ 5.8590

Quote
Est. Start time
2023-05-17
Hashrate Fee
0.0120 USD/T/Days
Electricity Fee
0.0531 USD/T/Days
Historical Output
0.0809 USD/T/Days
Static Revenue Rate
131.66%
Freezing about $6,000 for about 90 days is reason enough to stay away from them, because you will first trust them and then think that they will give you enough profit, which is something that can be obtained from trading.
It's not $6,000, but $5.85 per TH. You can choose your desired hashrate from as little as 1 TH to even 1000 TH or more. Binance's platform provides a mere estimate of your earnings depending on the hashrate you choose. For instance, 100 TH costs approximately $600 and is expected to yield 0.005317 BTC, currently worth approximately $150, after the 90-day lock-in period. To be honest, it's not too bad, but I don't like the whole idea of cloud mining, even when it's coming from Binance. We were always advised against using something that sounds too good to be true and prompts a Ponzi scheme.
1044  Other / Beginners & Help / Re: Cashing out profits & Tax in the UK? on: March 18, 2023, 10:11:18 PM
I created a similar thread a while ago, but for my country, Greece. You haven't mentioned how much money you're talking about; even a mere estimate would be enough. If it's a small amount, there's a high chance no one will bother. However, I'm not sure how strict your policies are and how closely monitored your income and banking services are if you were to withdraw a large amount of money from an exchange to your account. If you are to pay taxes, you'll have to declare your capital gains and pay taxes on that amount; it should be about 10–15%; someone from the UK or a simple search may reveal the exact percentage.

A few users also suggested using a P2P exchange or even splitting your profits into smaller transactions and exchanging them in person (which requires extreme caution).
1045  Bitcoin / Bitcoin Discussion / Re: What happens when your identity is stolen -- real story || Avoid CEXs! on: March 18, 2023, 07:35:56 PM
My point is that it's unavoidable not to submit our personal details anywhere, especially online, and thus, the damage has already been done.

This is sad, but true. All we can do is to limit, as much as we can, exposing our private information...
Unfortunately, it is indeed sad. While all this technology and the evolution of the internet have huge benefits, digitalization, as positive as it may sound, is bound to be abused by some for evil purposes. In my opinion, it's way too late to limit this situation, not to mention reverse it, since our digital footprint stays forever. Cryptocurrencies were supposed to avoid all this KYC frustration, but due to all these regulations, it's practically inevitable.
1046  Economy / Speculation / Re: 26k mark finally breached on: March 18, 2023, 03:38:45 PM
Well now Bitcoin price of 26k is a thing of the past. The current price of Bitcoin is $27,400. It is the first time we have seen this price of past 27k since June 2022 and we might not be done pumping just yet.

We are really enjoying some nice gains here this last week with price of Bitcoin. In this last week the price is up 33% and 6% in the last 24 hours. I do not want to become too excited to say this is a 'bull run' but we will find out soon in next few days if this run is here to stay.
It almost surpassed $28,000, which is astonishing given that all this positive movement was conducted in just the last few days. I didn't expect Bitcoin to rise in value yet due to all the frustration in the market right now. I haven't bought any Bitcoin; all has been raised through signature campaigns, and I just broke even, with a DCA of approximately $28,000. It's ironic that now that banks are facing issues, Bitcoin is booming. I've got no clue what caused this minor bull run, but March has been an interesting month.
1047  Other / Beginners & Help / Re: How's your bitcoin lifestyle? on: March 17, 2023, 08:13:31 PM
I'm certainly not well-off, but I'm generally living a comfortable lifestyle, owning my own car, living on my own in a rented apartment, and being able to afford occasional trips. My close friends know that I'm involved in cryptocurrencies and that I'm earning money through Bitcoin. I haven't gone into too much detail because it's not necessary. It's not the easiest or most comfortable topic to explain.

I'm generally trying to keep a low profile, especially with people with whom I'm not close enough to discuss such topics. I don't have too much money in cryptocurrencies, but they're assisting me on a monthly basis. However, most people who are unfamiliar with cryptocurrencies may tend to perceive you as wealthy, because for most, cryptocurrencies seem exotic, at least here. Thus, I tend not to go into too much detail.
1048  Economy / Economics / Re: How do you survived during covid19 ? on: March 17, 2023, 06:36:18 PM
To he honest, I actually had a decent time during Covid-19. I was quite careful and I didn't get infected during the first two waves. I continued working full-time without any reduction in my salary, while spending a lot less money since everything was closed down. I managed to spend some quality time with my relationship, watching TV series on Netflix and cooking something different on a daily basis. I even went on a trip that summer and it was super quite, without the tourist hoards.

Unfortunately I did get infected in December of 2021 by a friend, but fortunately I had mild symptoms.
1049  Bitcoin / Bitcoin Discussion / Re: What happens when your identity is stolen -- real story || Avoid CEXs! on: March 16, 2023, 06:25:38 PM
It's a shame that an innocent man had to go through all this trouble and humiliation, completely out of nowhere. While I understand your point and agree that centralized exchanges should be avoided if possible, the exact same thing can happen to anyone who has submitted their documentation to a platform or service. My point is that it's unavoidable not to submit our personal details anywhere, especially online, and thus, the damage has already been done. Personally, an older email of mine had been found in many data leaks, and who knows what information a hacker may have acquired?

The truth is that there are a few examples of data breaches through CEXs, which contain confidential information that most websites don't, such as an ID or taxpayer identification number.
1050  Other / Meta / Re: Should the forum stop advertising mixers? on: March 16, 2023, 03:30:54 PM
I wonder how many people used that service, 7 TB of data, lol it looks like they logged everything.

How are they going to pay back? By selling out those who used their services. D'uh.

That should be a lesson learned for everybody. Everything you do on the internet gets logged. Everything. If someone says otherwise, he is lying.

Do you think Chipmixer would have the details of those that accessed their website with TOR browser? Just wondering because their customers care so much about privacy and wouldn't access the site with legit IP. Besides, I don't understand why forum users are quarried about BTT appearing on a government document issued by the FBI. Chipmixer was promoted here by top reputable members, yet that doesn't make chipmixer, bitcointalk. The FBI are concerned about the illicit actions that chipmixer carried out with its customers and the huge amount of money they've mixed without traces. Why did the government appear now they mixed about $3b worth of transaction. If they freeze this forum how much money would they realize? who is their target? the government is after money nothing else. Chipmixer is not licensed that means they've gotten nothing monetary from the mixer yet they are making lots of money with the US citizens. And break laws, its allegedly used to rinse ransomware funds, fraud stores funds, dark web transaction etc. What matters is that these allegation doesn't make Nguyen guilty, until he is tried in court. Until then we'll know the faith of Chipmixer.

TOR is probably not as safe as you’d think. I don't know how, but I am pretty sure I read the news about people getting caught even though they used TOR. Caring about your privacy don't make you a privacy expert in an instant.

In fact, the greatest privacy experts out there know that the best way to remain anonymous is staying offline. Means, not playing this game at all.

They won't go after BTT unless it is in their interest to do so. I don't think we are there yet.
Just Tor itself isn't safe; I've used it in the past and accessed onion links in the so-called deep web just out of pure curiosity. There's still a chance to get caught even if you use a proxy or VPN in combination; it just makes the process harder and more time-consuming.

I'm not against Bitcoin mixers, but it was expected that such a tool would be used for malicious purposes. The average Joe who uses, holds, or trades Bitcoin wouldn't need a coin mixer. Bitcointalk is not liable for a service that is being advertised, as long as it delivers the service it offers.
1051  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Ponzi Schemes - People are confused. on: March 15, 2023, 04:56:17 PM
Basically if someone really understands that ponzi schemes have never had anything to do with bitcoin, then they can never be conned by any company, but because the understanding of bitcoin is shallow, people are so easily conned and invited to join companies that offer it. Bitcoin does not offer an investment vehicle but rather a medium of exchange that has a clear product on the market, while a Ponzi scheme has never been introduced to the product.

While profits in bitcoin will follow the price on the market and will never be as stable as the profits promised by a ponzi scheme, from this alone people can clearly distinguish the difference between the two. But as I said before, because of the lack of knowledge about bitcoin so it is very easy for them to be scammed.
In my opinion, there are two main reasons why people associate cryptocurrencies with Ponzi schemes. Firstly, because crypto payments are somewhat anonymous, scammers can run their operations with a minimal risk of being caught. On top of that, people can't distinguish that cryptocurrencies have nothing to do with such schemes, which existed way before they did; it's just easier for scammers now to stay undercover for longer. As a result, the media is quick to blame cryptocurrencies since nowadays it's a common gateway for ponzi schemes. Scam pump and dump coins are also often portrayed as such due to the high yield they promise and their extremely high failure rates.
1052  Economy / Speculation / Re: Maybe it's time for BTC to take off and reach the $100K on: March 14, 2023, 06:29:03 PM
$100k to the value of bitcoin is only a matter of time, but we are at a stage where there are more obstacles and more difficulty for recovery than bullish.  This will not happen any sooner than we are experiencing.  That's just a hypothesis and speculation, best would probably be to wait until the next halvings. Assuming the banking system continues to collapse, trust will be bitcoin and crypto.  Macro growth is gradually taking shape. Only 1BTC = 1BTC
Bitcoin price and demand will grow more even if the banking system won't collapse (I'd never expect it though). Because the reason why Bitcoin will gain more demand is due to market adoption where more stores are accepting BTC payments. Yes, it is a matter of time and certainly, it takes more time to reach that $100k level. But I wasn't really focusing on it as it eventually comes when it was time and halving is somewhat having a huge help in this matter as it is also the reason when we reach the new ATH past 2021.

The collapse of 3 US banks shows the benefits of bitcoin these days, but don't expect that the more banks go bankrupt, the better for bitcoin. Because once the financial system collapses, it will disrupt the world economy, and we will sink into bigger troubles in life, I don't expect that either.
The value of an asset depends on supply and demand, as long as the demand for bitcoin increases steadily, it is only a matter of time before the price of bitcoin skyrockets even over $100k. We don't need to be impatient because, sooner or later, it will happen.
That's correct. I keep seeing replies hating on banks, but whether we like it or not, cryptocurrencies and banks need to coexist for the environment to function. The economy would collapse if banks did, which would crash the whole market, stocks and cryptocurrencies included, since those are closely correlated. The increasing demand and the halving of the supply will cut the newly minted coin supply in half. We definitely won't see Bitcoin valued at $100,000 within 2023, but a minor recovery should be expected. Can't speculate on how much and if it'll actually recover, but 2023 will definitely be a tough year too.
1053  Economy / Trading Discussion / Re: Being drunk while trading what was your experience on: March 14, 2023, 07:09:06 AM
I wasn't drunk but was a little tipsy at a party somewhere near Christmas when Bitcoin started recovering after years of bear market. I can't remember the exact year, but it was when Covid-19 had started, probably towards the end of 2019 or 2020. Bitcoin had skyrocketed to $25,000, something that was extravagant at that point since after the 2018 crash, and I was overwhelmed, especially after one or two drinks. The result was me selling half of my Bitcoin that night, which was something that I was already considering but wouldn't have done yet if I had a clear head; I would have thought it twice.
1054  Economy / Economics / Re: Lending money or damaging family bond ? on: March 13, 2023, 04:38:42 PM
It might be a little harsh to say this, but it's not your problem that he failed to manage his finances better. Saving is vital for emergency purposes; it's a must for every household. I completely understand why you didn't lend him the money; he didn't bother caring about himself in the first place, so why should you? It's better that it happened this way so you can identify those toxic relatives and remove them from your life. His request is pressing because he's a relative, but he should also comprehend your position and not be pissed off at you. I would have done the same if I were in your shoes.
1055  Other / Beginners & Help / Re: Bitcoin earning by sats on: March 12, 2023, 05:31:18 PM
As NeuroticFish already mentioned, the internet is filled with scam websites, and cryptocurrencies make it easier to have an abundance of them since these scammers are unlikely to ever be caught. Moreover, even if you find a reputable website that respects its users, you'll simply waste your time since the rewards are minimal and practically not worth the time and effort you'd be putting in to earn a few Satoshi. On top of that, some platforms have an excessive minimum withdrawal amount, which will make you give up any earnings to them.

Thus, it's best to go through the TOS briefly and do your own research by reading valid reviews from other users. Whether or not it's worth the effort, I leave that up to you.
1056  Alternate cryptocurrencies / Altcoin Discussion / Re: Should I buy BNB now? on: March 12, 2023, 03:32:07 PM
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

You're not late to buy BNB or any best altcoins out there as long as you keep your holding and not easily getting FUD. Don't wait until the price drop because we don't know the future market right now BNB is at a discount price due to recent bad news about crypto out there.
Actually for the current conditions I think even though it's not too late and you can still buy in the long term but I think for now with btc conditions that are still unstable then it's better to think several times to enter now even if it's BNB.
It would be better if you were patient until the conditions really improved while waiting for more stable price conditions. But if you try to force it now, you can still do it, it's just that with the current conditions, holding on longer will definitely be done when you buy.
Actually, it's possibly a great time to purchase Binance, as its price has massively depreciated during the latest market crash, trending as low as $270. A few weeks ago, it was over $300; thus, it's quite a discount, especially if you were planning to purchase a large amount of coins. The market is still quite volatile, and prices are subject to change. I wouldn't be surprised if we even reach a new bottom due to the latest incident with the Silicon Valley bank, which resulted in the depegging of USDC and DAI.
1057  Bitcoin / Bitcoin Discussion / Re: How do you feel selling your BTC against your plans? on: March 12, 2023, 01:24:51 PM
There's no point in regretting selling your bitcoin; it was an emergency that you couldn't control, and you wouldn't have sold otherwise. Everyone in that position would do the same. I've been holding for over two years now, and I'm not planning to sell anytime soon, unless something unexpected happens; however, I sold and used a large quantity of bitcoin in the past, without a specific purpose or reason, but simply out of hype and fear of missing out. This is way worse than being put in a situation where you have no other choice. 
1058  Economy / Economics / Re: less risk or big profit? on: March 12, 2023, 12:10:35 PM
If you're looking for a more stable, long-term investment with a lower risk of loss, real estate may be a good option to consider. Real estate can offer steady cash flow through rental income, as well as potential appreciation in property value over time. However, investing in real estate typically requires a significant upfront investment and can require ongoing maintenance and management. Cryptocurrency, on the other hand, can be more volatile and risky, but also offers the potential for higher returns.
Real estate is a great investment that provides a steady flow of income, especially now with the worldwide housing crisis. However, it requires great capital that most of us can't afford, but it's a lifelong commitment that eventually pays off. Under certain circumstances, it can be redeemed as low-risk. Personally, I'd rather have a low-risk investment that yields smaller rewards than take major risks, although this is a generalization and it depends on the type of investment.
1059  Economy / Economics / Re: USDC Depegging due to Silicon Bank collapse on: March 11, 2023, 11:32:42 PM
When I saw it first thing in the morning, it was extremely worrying, not only for USDC but for the market in general. So far, it seems to be moving towards the road of recovery, as it has climbed to $0.96 compared to $0.90 in the morning. It's concerning that such a stablecoin is yet to return to its $1 peg, but eventually it will, and the incident will be long forgotten. We'll see how things go in the next 24 hours before we can make any further assumptions.
1060  Economy / Exchanges / Re: Is kyc verification dangerous? on: March 11, 2023, 06:12:48 PM
Actually KYC verification has become an obligation in using sites that have high security and have been protected by the government, but KYC can also be dangerous if we do it on unofficial sites and they only use our data to commit crimes, so we also have to be careful in doing KYC if the application we use does not have special protection then do not try to give your personal data, and very many oknoms commit crimes by collecting KYC data for the sale of data, but the government is very concerned about the problem so if it is needed then never hesitate to do KYC.
These sites are obligated by European laws and governments to acquire their customers' information, but they are not protected by them. The issue usually isn't the websites themselves; Binance is unlikely to use that information against you. Some others may do that as well, but I find it unlikely to happen. However, a possible scenario that has occurred on websites or even exchanges is finding a loophole in the platforms and acquiring your data without your consent with the risk of using it for malicious purposes. KYC itself isn't as dangerous as we describe it, but the above scenario is.
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