Providing a cryptocurrency legal framework and imposing some anti-crypto regulations are two completely different things. The amount of illegal activities going on with BTC is insesizable considering the fiat criminal activity volume. Yet, you can purchase stuff online without having your money seized for suspiciousness.

I would personally not even call it "Bitcoin regulations" anymore. They're just anti cryptocurrencies and anti decentralization. Makes no sense to have regulations that supposedly support a decentralized coin if through them the state enforces a third party into the game. That's not support - it's some sort of war our states began against us that most do not even feel.

You'd get scammed the exactly same way if you were to go on Craigslist right now and get rich out of nowhere. You'd look for amazing deals and you would most likely get scammed in the end.

All people really need is common sense. Have you ever felt the need to double someone's money randomly? If yes, how would you do it? Would it make any sense to ask the other party to send you money in order to send them the double, or is it an unnecessary step?

Common sense. Ask yourself as many questions as possible and, if in the end it sounds even a bit sketchy, move on.

For depositing and spending BTC, get Electrum, generate a wallet and use that one. Paper wallets are only good for long term storage.

If you did not know yet, there are also "change addresses" for Bitcoin. Basically, in order to make blockchain analysis harder and to improve privacy, if you deposit 1 BTC on a wallet and then spend less than that, there is a chance that the change (the remaining amount) is sent to a "change address". As paper wallets only contain private keys and not seeds, if you send only part of what your paper wallet contains, chances are the change will disappear into an address you don't own.

If you still want to go for a paper wallet, you can follow part 1 of this tutorial.

If not, do you have an older laptop or PC? My advice is to install on an old PC a free Linux distro and use Electrum on there. Keep this PC just for Btcoin purposes. If you do not have an older device you can use, get a Hardware Wallet or flash Tails OS on a USB stick, open up Electrum (it's preinstalled), create a wallet (important: write down your seed!!!, Tails is amnesic which means everything you do on there will be automatically forgotten by the USB upon shutdown/reboot) and use that as a temporary crypto OS.

Returning to the gold standard is much better than what we currently have: papers worth close to nothing. The thing about gold that makes it irreplaceable with currencies such as BTC is the physical features of it. You can't mine BTC and use it to create better electricity conductors, for instance. This is what will make Gold maintain its value over time and also why it's not very easy to be replaced. Otherwise, it'd be worthless.

Are you browsing using Chrome? Do you have social media apps? Are you storing stuff on cloud storage? Do you use WhatsApp for chatting with your friends?

If so, then it makes no sense to question TikTok when you have all these apps (Facebook, Instagram, Chrome, WhatsApp, YouTube, Amazon etc) that collect your data anyway. Probably over 90% of the apps currently existing on the AppStore (or Play Store) are closed source and collect critical information about you. Have you ever asked yourself why and how are these apps able to be maintained and work so flawlessly without costing you any bucks?

If these are your issues, then purchase a LineageOS compatible Android phone and de-Google it. Download F-Droid and go for FOSS apps only.

If I was a casino owner, I would prefer having people gamble dollars (or at least cents) rather than a thousandth of a cent. Once minimum bet limits are higher, your profit and total volume increases as well. It would probably be even weird for a regular fiat gambler to be told that with crypto you can gamble a $0.002 coin (DOGE) satoshi, which is equal to literally nothing.

Eu am ani buni de zile in care am tinut altcoins si am incercat sa fac profit din ele. Vreo 50% din monede sunt ramase pe exchange-uri tip Crpytopia (care s-au inchis), altele au avut hard fork si nu am aflat la timp, iar din cele care mi-au mai ramas.. o mare paste sunt pe cel putin 80% cadere fata de pretul la care le-am achizitionat. Daca as sta sa fac per total calculele, in afara de 2-3 monede care au chiar si astazi pretul (fata de BTC) mai mare decat momentul in care le-am cumparat, restu' sunt doar pierderi sau castiguri nesemnificative.

Ti-as sugera sa ai mare, mare atentie cu proiectele DeFi. Daca arunci o privire peste token-urile lansate in perioada in care a fost efectiv dementa cu ICOs, o sa realizezi ca e totul ok pana isi pierde lumea interesul. Eu am preferat sa nu ma mai bag momentan in ceea ce apare nou, pentru ca "nou" poate insemna ceva ce are un mega hype initial, insa care moare treptat in decurs de cateva luni (sau maxim cativa ani).

Bafta in orice caz, mai ales in cazul in care vrei sa te mentii pe pozitie - vei avea nevoie!

I partially believe the heat part of the story. I personally owned a GPU that used to rise my temperature by more than 10°C in a hot day. But I guess it's mostly bad luck if you get to have your room even hotter randomly once while you're sleeping.

Storing your mining rigs in your bedroom isn't the wisest idea anyway imo. Besides heat, there's also the noise that would annoy the hell  out of me during sleep.

Besides the code behind it, there shouldn't be needed trust when it comes to wallets. They were meant to be trustless, so any custodial or closed source wallet falls short for me.

MyEtherWallet is supposedly alright, but since it runs in a web browser, I would rather go for a downloadable (software) wallet instead. A very simple and insesizable mistake when entering the website (or if it's compromised) could lead to the disappearance of your funds faster and easier than you probably imagine.

Any centralized exchange isn't safe at this point. Back when I used Bittrex, the withdrawal limits have changed from 1.5 (or 1) BTC to exactly zero without any notice. Meanwhile, deposit limits were still the same. In other words, everything went fine until I deposited. My money is probably still there right now.

Avoiding centralized exchanges means avoiding these issues at the same time. Centralization will always bring these issues with it.

I'd have to guess the users playing at fiat casinos are already used to gambling higher amounts and are less likely to play with amounts even under one penny so adding this feature wouldn't do much of a difference besides lowering the casino's revenues. This is a trend only seen in crypto AFAIK - after all, even fiat casinos could allow you to play with fractions of cents if they wanted to. Fiat faucets could also be a thing, but would be something not many are accomodated with.

Losing $1 a thousand times in a hope to win $1k vs losing $1000 in a bet hope to win $2k is the same thing. The fact that you bet once a large amount of money doesn't improve your odds. There's no game where chances are better, except sports gambling where there is skill involved obviously.

Notifications: http://loyce.club/notifications/806196.html

Awesome, it's exactly what I was looking for. Thank you!

I used to have the Telegram mention bot a while ago, but I did get rid of the app recently so I do not know anymore whether I have been quoted anywhere on the forum or not. While on PC, I usually open all my recently written posts in order to check for quotes but that is exhausting especially when it comes to smaller devices..

So is there like a way to receive mention notifications on here without having to use Telegram? Perhaps there is a way to receive them through PM?

This sounds amazing! As long as they don't ask you for ID and you can physically exchange BTC, the 3% fee is worth it imo. I have worse fees in my country if I want to sell at ATMs and I do not have the guarantee they won't ask me for KYC. After all, privacy does have its price (that seems to be on a constant increase lately)..

I would argue it may not be the best idea security-wise to go for a face-to-face meeting if you're looking for large transactions.

I mean, it depends on the casino you're playing at. There are casinos that offer no withdrawal fees at all if that's a problem you're confronting with. Same for slowness, it's about the fees the casino pays for your tx (or the fees you pay when depositing). Unless you need depositing and withdrawing with really quick confirmations, I don 't see BTC gambling as an issue at all tbh. And even then, ETH has way slower confirmation times than other cryptos you can play wi th at some casinos.

Newbie or not, common sense is the first thing you have to help you out and detect a pretty obvious scam.. Considering the usually low amount of people actually giving these addresses BTC, I would rather think the victims are mostly older people who think anything that exists on the internet is real and legit.

Better than completely banning it anyway. The article states the following though:


It looks like this is just the beginning of crypto regulation framework over there. While that may not be a green light for anything related to crypto, I would guess a ban is unlikely considering the way the bill sounds so far. According to a 2018 article mentioning the same bill, it is similar to what the USA's crypto regulation currently sounds like: KYC, defining cryptocurrencies and some requirements for crypto-related businesses.

While I don't agree with the KYC, looking at my own country it's much better when you have a framework to begin with instead of interpretable laws.

As a free market, it's very hard to keep the price-chasing people away from it. It's not very easy to abstain from entering a market that you know rose from literally nothing to an ATH of $20k in one decade. I think the price could again change drastically though, and the biggest and most prominent reason is supply and inflation rate.

Even if some people buy and sell BTC just to intake as much profit as possible, it's not like Bitcoin is the first to do so. Tesla has people who bought stocks just for speculation purposes and it does have a quite good price history as well.