Bitcoin Forum
May 03, 2024, 03:59:01 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 [74] 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 ... 248 »
1461  Economy / Economics / Re: Henan Bank decides to use citizens money for investment on: July 26, 2022, 10:52:17 AM
This is how most custodians of any assets make their money - they lend out your assets to others.
They make profits out of your funds only and in case of any issue they can even seize your funds also and this is case with CEX in crypto market also and it's alarm for us to be safe.

The tanks are probably more unique to China but a lot of countries have militarised police.
China has past habit of suppressing these protest through tanks and Tiananmen Square is still remembered by world.

Ongoing discussion about this since two days ago on this forum:

You can lock this thread and post on the thread created about this same issue of Henan Bank and how they do not release customers money in bank that led to protest.
Yeah we need to have the discussion in single thread only to have the different opinions from members so yes you can lock this topic and contribute in the thread mentioned above.
1462  Economy / Economics / Re: China banka scams shows importance of financial freedom with bitcoin... on: July 26, 2022, 10:39:29 AM
Based purely off my personal experience in life, I would say no.  It is not changing.  I see cashless payments occurring more often than I ever have, I am usually among the very few who still like paying with cash.  If I had to count how many of my friends store their savings in the bank, it would probably be around 7-8 out of 10 if not more.  They still seem to trust banks, they still seem to store their money there.  Thankfully, I am paranoid enough to not put my money in a stranger's wallet.

I think the statistics are worse when it comes to people that are now 18-25 years old.  Cashless is quicker, easier, more convenient.  They seem to prefer it much, much more than older people do, and to me this is worrying.  And I wish I am wrong, but I doubt that I am.  Especially since the pandemic, I think usage of banks and credit card in general has skyrocketed.

-
Regards,
PrivacyG
The digital payments have substantially increased after the pandemic and we see most of the people using cashless mode to pay at every Store.The merchants have also implanted card swapping machines and qr codes that directly accepts payment from your linked bank account.

See this graph and you can check it for different nations also :



But the problem still remains the same that your money is in your bank accounts and they can put restrictions on you anytime so in this case what's the escape? Cash also needs to be withdrawn from banks or ATM's and it's the primary source for money flow in country and the problem lies there only which can't be solved.

Banks are blocking your transactions and funds and the case is reflecting how we need to adopt bitcoin for safety of our funds and having control of your funds with you only.The problem is with cash only but still we are in the world where fiat is accepted and bitcoin not so for our day to day needs and emergency saving we need to go through these banks but remember it can happen with us also so keep secondary option with you.
1463  Other / Beginners & Help / Re: Time to Buy or Sell or Hodl? on: July 26, 2022, 10:23:57 AM
What coin you are holding at the current? Then only this situation can be analysed because if you are holding bitcoin then it's time for investment but only if you plan to hold long term.

If your choice is BTC ==== Buy and HOLD for long term

If your choice is any shitcoin ==== Sell if you can otherwise they will be lying dead in your wallets giving zero returns.

Even at this price I will still sell my bitcoin to buy at a diper price maybe not all but 75% if i am a small holder and got few fiat/USDT in my wallet. For those with investment in coin with Ethereum blockchain, a low gas price and pump about the news of merger should help to take some profit if it shows up.
Do you really think after the merger there could be profit showing up in your wallets for any of shit token you are holding on Ethereum blockchain? The gas is many times is too high that sending small amounts is worthless as it would be consumed in fees only and still transaction would be stuck so don't think it's right move to sell your bitcoin for it.On the other side you can hold it for a while and after little pumps you could sell your stash if you wish to do as your funds your decision.
1464  Other / Beginners & Help / Re: Ranking up is possible! 2900 Merits earned in less than 12 months!My 11 Hints! on: July 26, 2022, 10:14:11 AM
Also don't forget that getting merit is difficult, but keeping getting merit is even more difficult: keeping an high standard is fundamental.
And I also think I am struggling at times to keep my standard: good posting is a time intensive activity!
Right keeping up the merit pace is much difficult then we expect because we have to contribute more effectively and make more useful and detailed posts which is time consuming process.

The one step ahead is merit sprees for some days which some members have managed to do so including you which clearly reflects that our posts are helpful to members.But yes we should keep our contributions high and be dedicated if we want to grow up on the forum.

Fallipino am a newbie here and I was so motivated when I read this topic, I must say you have really contributed to this forum alot.
 You are more than a teacher in this forum as this thread has made me learn so much on upgrading to the highest rank. Your are my mentor in this forum. I hope to get to the number of merits you have gotten someday. You are really a genius
He has created this thread with the intention of helping newbies and make clear to all that if he can do so you all can but the thing is you also need to be dedicated about learning and evolving on the forum and it's great if you are getting something useful from it but the problem is many don't apply it and keep the same spam posting on the forum but it doesn't do any good.If you really want to grow then check his other posts as well as many other useful guides available on the forum.

Four years old here In forum but manage 10000 merit earned in all time, it seems  like a magic or you have a turbo speed interms of earning merits?

When this thread was created back in 2019 he has earned 2900 merits and now if we look he has already crossed the 10k merit mark.So if we look at this case statistically then he has earned 7116 merits till now in span of 1286 days or 3 years and six months so this is great achievement for him.

I have said earlier also you must look at his growth but must also focus on how he has achieved this and knowledge is key to success.
1465  Economy / Services / Re: Roobet.com | Art Contest "Summer '22" | $4950 Up for grabs! Ends July 31st! on: July 25, 2022, 01:18:35 PM
So this is my first time participation in the Roobet Art contest being successfully organized from so long and want to do the same last time but due to some works was not able to do so but  now finally doing the job and it was fun creating something for this contest.

My 1st Entry


ADOBE PHOTOSHOP


WIP

          


                         



FINAL OUTPUT





GIF VERSION





DESCRIPTION:This art is entirely made from scratch using digital softwares and my imagination

ART DESCRIPTION: MR.ROO is chilling on the beach with a cool drink to refreshen up his mind and think about new unique players engaging ideas while dolphins welcome him with cards so you also spend good time on Roobet this summer with him and enjoy on the crypto beach man Wink

My Roobet username: betcool76
1466  Other / Meta / Re: Merit source observations on: July 25, 2022, 10:56:33 AM

True.
I dare you to read my first posts here, and many of them are of an embarrassingly low quality (even if I still think the third post is still valid!)

The important thing is the journey on the forum!
Your third post is quite good and also have merits as well depending on the newbie rank and next post also states that what if newbies made quality posts ? That's surely merit worthing.

The same case is for most of us that when we joined the forum we don't have knowledge and same could be judged from our post quality but after that we started learning lot of things and exchange knowledge on the forum growing with time and now see you have managed to earn 10k merits in just few years time span so looking back at time surely boost our confidence that how far we have came.

But there are some newbies on the forum who are just new to the forum but have adequate technical knowledge about bitcoin and merits are being delivered to them at much faster pace.So we all have different way of growing on forum but going ahead is necessary.
1467  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: July 25, 2022, 10:39:32 AM

Usually online casinos don't really allow the use of vpn on their platforms but there are few others that allow it so if you really need to use it to gamble, you should ask about it first on their customer support.
Most of the casino restrict the usage of VPN services as they have restrictions to operate in some regions and you are directly bypassing them so it's violation of the rules and if your account is caught using them it can be blocked and funds can be freezed without informing you.So this is why it's said abide by the T&C of the casino to play in the right manner.
1468  Economy / Gambling / Re: Bitcasino.io 💜 — Ultimate VIP experience in Qatar ⚽ 🛳️ 🎁 on: July 25, 2022, 10:27:52 AM
Many types but we see casinos usually there are some signs that are very reliable if we work there but we don't have people so if we take it sure if we join there we will have no problem checking the price.  But we think it has to be the most reliable if not trusted then we have no more worries so I think the casino is the most important that is that which is good I think that it is very good to work
I am not able to understand what you have written in your post and what you are saying about prices?

Choice of casino is main part on which we should focus more is correct if I am understanding it right because your funds are involved in this matter.
1469  Other / Beginners & Help / Re: This is why Bitcoin is the only way on: July 25, 2022, 10:12:46 AM
This Henan banking province scam worth 49 billion yuan has clearly shown what the banking system can do to take control of your funds and people are protesting just to get their funds back but this is why China has always put complete restrictions to bitcoin as they want people under their hands and can scam them anytime.

I recently opened up a thread about the same : China banka scams shows importance of financial freedom with bitcoin...

The world is constantly reminded that authoritarian regimes will always invade your privacy and have their hands in your pocket. Bitcoin is truly the alternative for those who want to exit the corrupt systems, even if they only make a partial exit (use bitcoin alongside banking system).
The central chain of authorities will never want to loose the freedom chains and want full financial authority over the people and bitcoin is the key to open it and that's why they always put up some restrictions and try to create negativity for it among people or fearing them with punishment if they involve in these matters.Bitcoin has provided them with control of your funds in your hands if you can take security responsibility.

This case of banking scam is perfect example why we need bitcoin and banking system are not secure way of keeping your funds anymore because they are also like your funds are theirs not yours.

For example a couple of months ago we saw how the Canadian regime shut down bank accounts of all protesters and anybody who even slightly supported them through social media. Meanwhile bitcoin was not affected and the truckers received donations through bitcoin to help their cause.
They completely put restrictions on bank account to block the fund flow of Truckers in the protest but there was huge donation in bitcoin and other cryptos after that they try to send notice and block crypto transactions also but you see it was not helpful to some extent and you can't take funds from people wallets if you are not using their services.

I'm sorry but I do not totally agree with the OP's statement that Bitcoin is the only way. The world needs good governance and freedom from oppressive regimes. Bitcoin can't thrive in countries where the aforementioned variables are lacking. Besides, not everyone will adopt bitcoin.
But how do you think world can be free from these oppressive regimes ? The same government and their policies and they are not turning upside down within few years and bitcoin is really good option for people to advance their growth if we see it from different aspects like ;

1)Your fiat is subjected to inflation and your dollar bills would be worth nothing in coming years because the government are printing money out of thin air making the existing value down each day.

2) Is your funds safe in bank? We have already seen its not

So there are many other reasons and from personal approach the adoption will increase day by day and prices will surge and if you can just be part of it.

1470  Economy / Scam Accusations / Re: There is a new scam going around on Twitter, WHY THOUGH?!? on: July 25, 2022, 09:52:38 AM
The attacker first give out his seed phrase. If the victim do not know much, the attacker may ask the victim to tell him his seed phrase too. Some people can be so foolsih to that extent to tell the attacker his own seed phrase too.
In most cases people are fool enough to give these seed phrases to the hackers of which they take benefit and take control of the wallets draining out the funds and have seen it in many cases.This has been said many times that don't share it with anyone or fill out them over online links.This is pure scam and you should avoid it any cost but still people ignore these things.


I can offer merit to anyone who knows what they are talking about! thank you for your time!
The forum members are already helping each other in any situations regardless of merits and you don't need to give them because we are open discussion forum so would be happy to help you.
1471  Other / Meta / Re: Save your nice merit records here - LAST UPDATE: 27/06/2022 on: July 23, 2022, 10:07:18 AM
You will soon arrive at the 2K club.
It's still long road as at the current I am lagging 178 merits for the 2k merit club so you see it's not easy but I am more focused on contributing well to the forum and learn more with progressing on the forum.


Today, another user on the forum was able to reach 9,000 merits - El duderino_.

You are also becoming quite fast in saving these big records man and now we have WO hat gang member @El duderino_ entering the 9k club finally after 5 years registering on the forum so congratulations to him on the same and now the 10k club is next stop but it's still some miles ahead.


There is one more record for the splash merit spending machine @DdmrDdmr who is just 122 merits left for entering the 8k club but now he is at 7878 merits with last two from my side and this record is worth saving here also :



So congratulations to him also and best wishes for next merit club which is going to be soon open for him.
1472  Economy / Gambling / Re: Bitcasino.io 💜 — Ultimate VIP experience in Qatar ⚽ 🛳️ 🎁 on: July 23, 2022, 09:50:05 AM
We still have 6-7 days before the prediction is closed don't miss your chance.
Hope I win something this time around. Already made a few predictions sometime back on the site and I am waiting to observe BTC for some more time before posting my prediction in the Bitcasino thread in this forum.

BTC isn't moving sideways anymore and keeps moving towards the $25K mark making it tougher to predict where it will land on July 28th.
The price ranges have shifted suddenly to $22k-$24k range although we are still down to $22674 at the moment but it's good sign of growth as we have finally left the irritating zone of $18-$19k for long time.

Now for predictions we still have 5 days till 28th to send in our predictions and we all know market can be affected anytime but with the recent Tesla sell off news we didn't have much negative impact on prices.So will see how they move in next two days.
1473  Economy / Economics / Re: China banka scams shows importance of financial freedom with bitcoin... on: July 23, 2022, 09:37:58 AM
Chinese government have no two reasons to ban bitcoin and cryptocurrencies that are decentralized to an extent, they know their citizens are populated and they want the total control. Only the wise Chinese that know about bitcoin, privacy and freedom can understand this.
But they won't allow these wise Chinese mens to live freely and CCP ruling the nation for so long will not allow anyone to be out of their control and the authorities have bind all the distribution, productivity and all other channels in central chain of authority.

This is why bitcoin is their enemy because it will take financial control from them giving it to the ordinary citizens and when they loose financial stability everything changes and they don't want this to happen.

Didn't know that scams can also happen with banks. All the time I thought banks was the safest platform to store our funds but is it true that henan bank also uses the money to invest in bitcoin? And this is said to be the reason on the recent price surge.
It's not new and we have heard some cases before also and banks are no more safe place to secure your funds because they are actually their funds and can restrict you anytime from withdrawing the funds.But don't know whether they have invested in bitcoin or not but investing at the sake of people's saving scamming them is nothing good at all.

Bitcoin can provide a financial freedom but they want to make sure that they are in control of their funds or they have their own private keys with them because exchanges, lending sites and other similar platforms are also experiencing the same issue where they also hold the funds of their customers.
Leaving your funds on exchanges is like losing them at once because they are in possession of your keys and can utilise your funds or even restricts you like these banking institutions as they are also Centralised exchange so what else do you expect from them?

As per the article:
It's weird to hear that China bas a banking crisis since they are very strict about capital flight in their country. There's something wrong their for sure as we really don't hear that much news coming from them as obviously they are very secretive of every news that comes out from them. Just remind us of Tiananmen  square incident in the last 80's.
The amount at the current is around is $40 billion yuan and thousands of people are waiting for the funds to be released but think they will get only a portion of their savings as bank has turned them dowm in this biggest scam.

China media will only show what they are said to by the government because they have full control over them as well tanks are reminder of the ruth massacre in past so people fear it.
1474  Other / Beginners & Help / Re: How to Give up getting rekt in cryptocurrency. on: July 23, 2022, 09:23:03 AM

I would change the starting numbers. Learn. First, understand what a blockchain is. Will it be useful for a new project and then risk investing? But again, there should be a full assessment of all possible red flags.
Right you need to understand some basics of the market and dive into deep thought process why the project will grow and serve your profits but the thing is most of the time these projects have full detailed out lucrative plans offer for the community just to fool them and once they raise money they turn out to be scam which is risky investment to make for them.But having knowledge will help them a lot about how to avoid them.


And if it is bitcoin, then of course you can make long-term investments with it and stop checking prices on the market for a while.
For sure the newbies who want to start their crypto journey can do it with bitcoin by holding their position in the market for long term and getting panicked with each dip they see in the market due to FUD as the prices tend to rise in the long term.

But the problem with them is they see it expensive and have the excuse they can buy lot of other altcoins with the same amount but that's where they make a mistake.

For example if they have $1000 for investment let's assume they will see that they can have :

0.04412BTC at $22662
0.641 ETH at $1560
3.7 BNB at $270

They will ignore that stacking sats is also possible and goes on with other coins and they are some top altcoins on CMC but people invest in some shit projects in getting more profits and eventually loose their money just because of this mindset.

The bitcoin adoption is growing, network is secured,you can use LN for fast transaction settlement and price appreciation in long term and if you still stick to some fake blockchain projects you tend to loose your money.
1475  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: July 22, 2022, 10:55:44 AM
Minimum of $0.2 and maximum of $1,500 for a single roll. Max multiplier of 5000x incase if you hit all of your highest trait selection ( you need to select those yourself ), pretty sure that this is not happening though. I tried putting all those highest trait as my selection and I get like 1 for each 10-15 rolls, imagine hitting 6 of all those highest trait
Maximum bet is high for us but yes we can try it with normal bets but as you say the chances of hitting all the high traits is low but if then you are extremely lucky and surely we would see someone going to full limit of 5000x multiplier.But even if with $2-$4 bet I manage to win 300-400x that would be good with selection of my traits.
1476  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: July 22, 2022, 10:42:22 AM

I think we should stop discussing about KYC on Roobet.

If they change their Terms of Service, announce it transparently and give users time to withdraw money if they don't want KYC, it is very good. Nothing to discuss that Roobet does a bad thing and discussion like that is not true.

Bad things only for situations when you change ToS secretly and don't allow users to exit your platform if they reject to KYC. It is not what Roobet team did so it is all fine from their side and user side.
Yes having prolonged discussion about this KYC topic will bring nothing good now as we have to comply with the T&C of the company if we want to play over there and if we are not comfortable with it we have more options to choose like casino without KYC and players at Roobet have adjusted with this and they didn't loose much players so it's fine here also.
1477  Other / Off-topic / Re: My View on Brand-Newbies to Legendary Members in the Forum on: July 22, 2022, 10:28:51 AM
What about those Legendary members who never got single merit, and who reached their rank by classic shitposting before there was a merit system? Rank has never been nor will it be a relevant measure of how important someone is on the forum, regardless of the fact that many beginners (but also you who are a little more experienced) look at these things from a different perspective.
That's what I also said that there are many legendary member who have not earned single merit after the merit system introduction back in 2018 by @theymos as they were ranking up based on only activity writing the shitposts but after that many left the forum while others who have joined some campaigns back are still spamming up the forum.So they are legendary by rank only and don't have any knowledge about bitcoin stuff.

While some newbies have managed to earn good number of merits in small span of time contributing well to the forum and have adequate knowledge about market whether technical or non technical so how do the @OP classify them under the mentioned perspective? So for me if you have zeal to learn and exchange knowledge on the forum you can have perpetual growth and these reactions won't matter a lot.

If we are going to go into technical details, there are higher bodies than Legendary in the sense that we have admins, global moderators, moderators, and other staff.
[/quote]
1478  Other / Meta / Re: Race to 10K Merit club..... on: July 22, 2022, 10:11:06 AM
Please fix your quote, I didn't say that.
Thanks for pointing it out and mistakenly quoted you instead of @ShowOff but now corrected it.

There are 3 members in 6k Merit Club now. I won't keep a list, BPIP does that alread.
We don't need a manual list for the same as we can clearly see it on BPIP as you have already said with the updated data.

Another member exited the 7k club, and entered the 8K club.
With @Ratimov climbing up the ladder to the next club of 8k merits now the number is three and soon @DdmrDdmr is joining the club with only few merits left.
1479  Other / Meta / Re: Save your nice merit records here - LAST UPDATE: 27/06/2022 on: July 22, 2022, 08:54:36 AM
Today, another user appeared on the forum, who was able to reach 8,000 merits - Ratimov.
So finally he has entered the next merit club of 8K so congratulations flash @Ratimov for the same and you helped him with 20 merits he was lagging and saved his record here fast knowing it could be shattered anytime  Grin

Thank you very much, fillipone. My record lasted for 5 hours before it was broken. You finally finished off this sluggish marfon from 7000 merit to 8000. Cheesy It feels like it's been filling up for a whole year. Now it's DdmrDdmr's turn, he is also close to joining the 8000 merit-club.
But good that you finally headed towards the next club as there are now 3 members in 8k club as you have additional 19 merits now so congratulations mate for achieving on this.

Speaking for @DdmrDdmr then he is left with 132 merits only to join you three in the 8k club and soon he will on the boat so just wait for it and see who manages to save his record here.

I had been waiting for a while for the next anniversary and yesterday I almost missed the 2222 now because it went pretty fast.

Unfortunately, I was on the road and have only a screenshot of the Telegram bot. More I have not managed Tongue
Congratulations man on having these magical numbers of 2222 and it's completely fine according to me to save telegram screenshot also because we just need a reference for our merit record to be saved here for future reference.


So now one personal record as I am at 1818 merits which i thought would be missed but somehow managed to get these numbers and also save it here:



So now keeping my work up and next one for me is now 2k club and that will good achievement for me.
1480  Economy / Economics / China banka scams shows importance of financial freedom with bitcoin... on: July 21, 2022, 12:51:39 PM
Some of us might be aware about the ongoing protest in the province of Henan in China as thousands of people are unable to withdraw their funds from the banks.

This is seem to be largest bank scam in the country after the four small banks in Henan province refused to pay the customers after they went to withdraw the funds from the banks but were unable to do so and till then the protest are going on there.The official of bank clims the system are being updated or in maintanence but have not communicated with them after that and people are protesting out there.

So what's the safety of your funds in these banking institutions? You are unable to withdraw your funds only and have to take the street of protest for it?

Quote
The four banks that were the focus of the protests are believed to have frozen a total of 39bn yuan ($5.8bn; £4.9bn) of deposits

See how the protest are going on in the country and people are getting injured just to get their funds back as it's their savings and they can't let banks scam them but are being mistreated:



The ongoing protest are getting violent day by day and authorities have claimed to give the funds back to the extent they can :

Quote
Advance payment will be released to customers with a combined amount of less than 50,000 yuan savings in one institution," it said.

"If the combined amount of a single institution is more than 50,000 yuan, the advance payment will be made successively, and the advance payment arrangement will be announced separately."

The regulators asked customers to contact the association from 09:00 local time (02:00 BST) this Friday.

But in the latest news the authorities have deployed tanks outside the banks to counter the protest and restricting people to enter the banks in Henan province :



There is lot going on in these provinces at this time as people are eagerly waiting for their funds while the bank scams and protestors being suppressed by the forces and officials through these cheap tactics and when you will look into the matter there are many disruptive images for the protest going on.

So this is why China doesn't want bitcoin because it can provide freedom to the people and they won't let it happen and you would find social media restrictions also there and they want full monopoly there but under these people are being suppressed and bitcoin is hope for them but they are being taken away from it.

The bank getting scams and declaring your funds as investment products and completely restrict you from using your own funds is sign of how centralised chain of authority is curse for the society.

This is where bitcoin empowers you and your funds are your own.BTCBTC


For more information read here;

Tanks outside banks

Henan province bank protest
Pages: « 1 ... 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 [74] 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 ... 248 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!