Bitcoin Forum
May 07, 2024, 09:50:01 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 [195] 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 ... 329 »
3881  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency Scams and Government on: September 27, 2020, 06:01:12 PM

More than forty people who got scammed have complained about the exchange to the Delhi police. I've never come across the exchange named Pluto. This exchange has got almost seven executives who are the team. It is a new kind of trap, because with the people who doesn't have much knowledge about cryptocurrency they've mentioned about creating their own cryptocurrency and assured of 30% - 40% return monthly. This has made more users to invest and finally ended as a trap, and the office have got relocated to Dubai closing the office in India.

The problem in here is that most people are not that quite knowledgeable enough to resist the intimidating offers of those scammers. Better think of it having such numerical percentage of return on a monthly basis is already impossible. People nowadays gets easily lured or fooled by such good looking offers that makes them invest into such scam schemes. Scam victims would be lessen in different platform not just in crypto if people are knowledgeable enough about that certain thing before they get to engagement. There is really an impact on the crypto's reliability because of such scam making it hot on the eyes of government on banning crypto when at the first place the platform is not the problem but the people. There is no tolerance happening in crypto being used for scam and other related criminalities, it just so happen that the nature of man being abusive makes it the reason why scams and frauds do happen not just in crypto but as well as into other platforms. People must be educated and be knowledgeable enough not get easily fooled by any good offerings for those at first glance is already suspicious.
3882  Bitcoin / Bitcoin Discussion / Re: Russia is proposing a new law to declare cryptowallets or be fined, go to jail on: September 27, 2020, 05:26:28 PM
The point is in there that the government of Russia wanted to ensure safety and secure that crypto is not being used as a tool for money laundering and other related illegal activities but surely once that law will be passed, people using crypto in Russia will most likely feel unsecured in a sense that they still do want no declaration of their crypto wallets for the sake of their own privacy as well as the assets they do hold into their crypto wallets.

But as for now it is still just a proposal so either way, there are still possibilities that this might not be passed as a new law due to some circumstances. Let's just get back in here once the news become true that the proposal become already a law. Although we are not all in Russia, we must be aware of such news for there might be certain instances that governments of other countries would adapt such law once it become successfully being implemented in Russia.
3883  Bitcoin / Bitcoin Discussion / Re: Bitcoin for Christmas on: September 27, 2020, 04:56:00 PM
You should of course know first if certain individuals you wish to gift with anything related to Bitcoin is worthy to receive it in a sense that they will effectively make use of it and have enough greater knowledge to receive such kind of gift. It will be more likely to give Angpao with Bitcoin amount on it into those people you know that are into using Bitcoin for it will be much appreciated since people are doing everything to the extent of obtaining Bitcoin. For those people that are still not into Bitcoin, I guess it will be just enough giving them out merchandises with Bitcoin logo such as shirts, wallets and other stuffs to serve as souvenirs in such way they might at least be able to recognize Bitcoin and possible to get curious learning about it after all.
3884  Economy / Economics / Re: Cares Act- How will this effect the economy down the road? on: September 27, 2020, 04:16:35 PM
For those of you not familiar with the Cares Act, here is a good guideline of everything that's involved- https://home.treasury.gov/policy-issues/cares

I work in the finance industry and in particular with retirement plans.  The cares act allows for individuals still employed and under 59.5 years of age to take withdraws from their retirement plans, up to $100,000, as well without the normal 10% penalty.  I am constantly getting calls from clients who are utilizing this feature.  In theory it's a good thing for those whom have encountered hardships due to Covid-19, however many are taking advantage of this and simply taking out money just because they can.  

I foresee serious problems down the road with so many dipping in to their retirement, many of which are depleting their entire accounts.  The question I ask myself and everyone else..what are all the negatives consequences likely to come from this?  I think there will be all sorts of issues in terms of social security, homelessness, reliance on government assistance etc.

I see this Cares Act as a good savior of the people undergoing hardship most specially at this time of pandemic for they can withdraw funds from their retirement plan for the sake of surviving the effect of this pandemic that most are out of job and do not have any other sources of income duly because they were temporarily out of their jobs maybe because remote working won't work on the type of job they have. I think there is nothing wrong with that for they have worked out for it ever since they started working it is just they will be accessing their retirement plan too early than supposed day of usage. There will be no issue in that as long as this Care Act won't be abused that I guess won't happen for we do have certain decent reasons why we need to access our retirement plans if we do have such one because it is our money after all.
3885  Bitcoin / Bitcoin Discussion / Re: A woman has been arrested in the United States for hiring a killer with bitcoin on: September 26, 2020, 09:03:04 PM
A woman has been arrested in the United States for hiring a killer with bitcoin  Shocked Shocked Shocked

A Nevada woman has appeared in federal court on charges of paying $ 5,000 in bitcoin to a killer to kill her ex-husband.

According to coindesk Thirty-six-year-old Kristy Lynn Felkins has been summoned to court on charges of paying 12 bitcoins ($ 5,000 at the time) for trying to hire a killer to kill his ex-wife.

I have read this thread a couple of times and I am sorry for being to practical on correctness of the words used for it is supposedly a news article so every single word matters because a misused word can lead up to confusion considering this is a news article. I know it was stated in the subject that a woman is arrested due to criminality of hiring a killer using Bitcoin but that just not ends in there. I am reading the entire article not just the title all alone and what I can say that to avoid plagiarism this thread of yours have undergone paraphrasing which leads to interchanging words resulting to errors.

I'm not saying you copy-pasted this post, but since it sounds quite as if you did, you should add the source to your article, if not you will be banned for plagiarism.

I have added the source. Sorry you did not read it:

According to coindesk Thirty-six-year-old Kristy Lynn Felkins has been summoned to court on charges of paying 12 bitcoins ($ 5,000 at the time) for trying to hire a killer to kill his ex-wife. The case is said to be related to another case involving the recruitment of a killer. It is worth noting that this killer was not hired in the end.

Also, I did not copy the text and turned it into an article.
And this statement of yours upset me. Sad



Also, it is not enough just citing on where it came from for you still must have provided the news article so that we can see the overall article itself that includes the whole story about this case. Citing where it came from must always include URL that is linked to the article to support this thread. Overall, this is really an awful scenario on how people is becoming pathetic to hire killers and using Bitcoin as a tool to make transactions to come up on doing this.
3886  Economy / Economics / Re: Big in Japan: giant Gundam robot makes its first moves in Yokohama on: September 26, 2020, 08:14:50 PM
Japan has just proven and showcase how it is making use of their resources specifically talking about the advancement of their technology to make such thing to happen to create a 18 meter Gundam that can move. This just shows how advance they are when it comes to computer science and engineering that make it possible for the project to occur. It was really pretty awesome for I am really big fan of Gundam since I was a kid it having this gigantic Gundam is making a child's dreams to do come true. It is really is Japan is raising their flag on this project.
3887  Economy / Economics / Re: UK’s economy will lose a good amount of money if football clubs shut. on: September 26, 2020, 03:44:54 PM
For a country like UK that sport like football become a big part of their economy is surely affected by the effect of this pandemic which is prohibiting the call for social gathering for the viral and deadly infection is still on and one of the health protocol is to observe social distancing and as much as possible is to postpone mass gathering to avoid the spreading of the virus on which UK is still having an outstanding number of infected cases. Well, for UK's economy that includes football for their economic status, it will be so hard to recover once football clubs shutdown for there are no audiences in the stadiums to pay and watch the games so there will be no source for the expenses needed for the whole club. It is really such a worry for the economy but still health is also a concern and must not be compromised for if so that happen, another worst thing may arise if health would be set aside to save up the economy. But if there could be a possible solution such as limiting the occupancy rate of the stadiums to observe social distancing, I think it will work out having audiences for the economy and at the same time taking care of the health's sake.
3888  Economy / Economics / Re: Why criminals prefer cash (Fiat) on top of crypto? on: September 26, 2020, 03:05:51 PM
I think it was pretty simple and obvious that criminals find it less hassle and pressure to work on doing criminal activities using fiat for they are more familiar with it compared to cryptocurrency that they are still in need to learn and understand about it. Using fiat is already the way they have used to be before the existence of crypto and they have already lots of ways to get out of trouble using fiat compared to crypto that they might get caught if they were not familiar on how they will execute illegal activities through it. The way those criminal people do not understand fully crypto makes it enough reason why they still prefer to use fiat rather than crypto.
3889  Economy / Economics / Re: IMPACTS OF ROBOTICS ON WORLD ECONOMY on: September 26, 2020, 02:05:34 PM
Impacts of robotics on the world economy can be seen to have both advantages and disadvantages in a long run. Automation do really makes more productivity compared to manual work for it takes lesser time and a lot more accuracy and efficiency working with robots compared to human manual works that encounters human related errors due to factors related to experience, age and other stuff that affects their working capacity to job unlike with robots that are programmed to do specific tasks that are most likely a lot more impressive considering the time and the product of work they produce, which is all in all a favorable advantage for the existence of robotics into the world economy for it creates seamlessly fast productions which is good for the economy. While on the other hand which is the disadvantage that humans are being replaced for the works are already can be done by robots with a lot more efficiency and productivity which can be a reason out why there could be a possibility of an increase rate on unemployed individuals because of this.
3890  Bitcoin / Bitcoin Discussion / Re: When we think that crypto is being used by criminals to move tons of money on: September 22, 2020, 10:45:18 PM
Illegal activities such as money laundering and fraud are most likely prevalent to come over fiat rather than crypto for those law abiders are having an easy access and already familiar on how they can get out after doing such crimes. The problem is that people do not get it that criminal activities are more into fiat and not on Bitcoin and any other crypto for they find it much more complicated doing their activities into it. People's mindset that because crypto is providing a seamless fast transaction in any part of the world is more illegal activities might get tolerated and make use of the advantage that crypto can provide.

Many people do not do research properly, and listen to the government and banks say that Bitcoin is widely used by criminals
for illegal activities. In fact, there are many cases of money laundering done by banks, and the number is more than the amount
that happened to Bitcoin. Even sadder the Bank is making bad news regarding the fraud taking place using Bitcoin, to cover up
the fact that there is more fraud using fiat through banks. That's why I trust Bitcoin more than banks.

This became also an issue that banks are more likely giving people a bad impression about Bitcoin blaming about criminalities when at the first place those activities takes place on the bank itself. They cannot admit that such activities exist mostly on their part and not on crypto.
3891  Bitcoin / Bitcoin Discussion / Re: The Bitcoin society on: September 22, 2020, 08:02:05 PM
The reality speaks it all that in this world that we are living, people will have different says about a certain thing for they have different perspective with regards to such thing's existence. Sometimes criticism coming from people makes it a point to come into improvement which is a good thing for different perspective is seeing the flaws or imperfection that others do not see and to those who see correctness about that certain thing makes other people see what they are really missing out with it. It is normal that people might accept Bitcoin as it is and might not for the same reasoning. We all do respect that for satisfaction depends upon the way people perceive certain thing on their on point of view and not just because other people tells them to do so. It is also normal for a certain thing like Bitcoin to have its own flaws to prove that nothing in this world is created to become perfect. Now acceptance and adaption of using it certainly depends now on the individual himself.
3892  Bitcoin / Bitcoin Discussion / Re: My 0.1 BTC Journey on: September 22, 2020, 07:31:57 PM
I started my journey of gathering btc in Dec 2019, with aim to accumulate 0.1 BTC. After 6 months I managed to accumlate 0.1 BTC. My original intention was to stop accumulation as soon as I have 0.1 btc but now I think I should go for 1 btc.
My suggestion to everyone out there is to invest as much as you can in bitcoin. Since we are in very uncertain situatoon and Bitcoin may be our new savior.  

Certainly and more likely, that would really be the case. Acquire Bitcoin as much as you can afford but do not put up all that you have in your sleeves all with Bitcoin alone. Better diversify your investments to accumulate all potential possibilities of grabbing opportunities that other crypto can do also provide. With regards to the concern of acquiring Bitcoin as much as you can, that would be a great thing to do for you must take into consideration grabbing all the Bitcoins you can attain for as long as you can afford to have it. Accumulation must not stop at one point after you have already accomplished getting into your goal. Instead of doing such, better break into another set of goal to seek improvement and see greater opportunities that you can still work on acquiring more but that idealization must not be just applied to Bitcoin only but also with other potential crypto you can afford to acquire which seems to be like embracing opportunities and grabbing them all into your hand but still into moderation not give out all that you have.
3893  Economy / Economics / Re: Uk covid update on: September 22, 2020, 06:53:09 PM
I guess the UK government is trying everything possible not to be caught in a more serious situation as they are planning more closure of the economy because if you limit interaction of people, buying and exchange that could grow the economy will reduce too. But I hope it works and for their economy to come back.

Well I guess the UK government is really doing their best to come up into a greater solution that will take up resolving both the problems they do have when it comes to the health concern and at the same time with their economic concern balancing how they would come up resolving the issue of numerous cases of infected to be controlled by still pushing through the recovery of their economy by not putting aside any of the two so no one would be compromised. Dealing with such hard decision is really a tough one for if they put UK into another lockdown, the economy will surely be massively affected, if not, the health of the people will get compromised which is also another concern that once got worst, can still affect the economy severely.
3894  Economy / Economics / Re: Internet shutdowns by governments are bad for corporate marketing on: September 22, 2020, 03:04:28 PM
Since people are practically being reliant on the usage and availability of internet, loss of connection from telecommunications companies, internet providers is such a great hassle for the people whether ordinary or those working in the corporate world. Not just business people and companies are being affected with loss of connectivity provided by internet but also students and remote workers that are working at home specially at times like this that almost everything are now being reliant or dependent on digitalization which uses modern technology gadgets and are gaining access for different source of transactions using internet.

Here in my country, the problem with telecommunications and internet providers are having an expensive service fee for the internet connectivity but the service is such a slow and pale which most of the time fails to connect or at times getting disconnected while you were at the middle of your stuffs. But such thing of the government shutting down a telecommunications company or internet service provider have not happened and surely would be impossible for it will cause commotion.
3895  Economy / Economics / Re: UK planning sliding window lockdown methadology on: September 22, 2020, 02:33:02 PM
This was starting with England but it light be rolled out across the 4 nations as an idea.

Instead of having a full nationwide lockdown, the government seems to intend on locking down certain regions, locking down their southern neighbours and then opening them back up again.

Currently the former cumbric country has been on lockdown (Yorkshire and Lancashire (Inc Manchester) ). I don't know how much this'll achieve (and it seems more foolish than just closing the borders) but I assume it'll at least mean someone's hospital has capacity (whoever has been in lockdown for a while) ?

The title is based off the "sliding window" methadology if you were curious, look it up!

Actually this kind of lockdown methodology was already been implemented here in our country for a certain part of country was just severely affected by the inflation rate of infected case making the lockdown being implemented into this certain region of our country. By this methodology, other regions with low recorded cases or zero recorded cases at all will be still on normal run so the economy will not experience a total stoppage for certain parts are still being productive to work on the economic recovery because on such way, we are targeting two birds on one stone concerning the management on health concern to control the increase of infection rate and at the same time working on with our economy.
3896  Economy / Economics / Re: Sales of wedding rings are increasing on: September 22, 2020, 09:34:25 AM
This pandemic have tested how tough relationships are whether you were just a normal dating couple,  a couple in a relationship or a married couple already for a short or long time already. There are cases that this pandemic have tighten relationships because people tend to bond more compared to normal days that they not tend to see each other due to busy stuffs related to work. But on the other hand, there are cases that because of boredom and stress, women and children abuse have become more prevalent for they tend to stay more and observe every actions of their partner.

For those couple who have already good relationship and wanted to even tighten their bond, maybe they are the ones making up the big number related to the increase on the sales of the wedding rings in the market. Here in my country, I did not see that coming for people are starving and just wanted simple and decent wedding even without a ring so the concern to buy wedding rings are not observable here. Good to know that on other places maybe couples are tightening their bond with engagement or wedding rings already.
3897  Economy / Economics / Re: Boris is right a second lockdown could cripple UK economy. on: September 22, 2020, 06:42:32 AM
Implementing another set of lockdown would really make any country's economy to cripple for what they currently left would be in danger to put into stake. Yes the economy is very important to think but if you will just let the cases to grow for not implementing any lockdown to give way for testing and push people so hard to just stay indoors, the economy would possible to suffer even more for lots of people can potentially be infected. Here in our country, we did not do a nationwide lockdown for the second time, just for the local government state to directly control and take action on the spot where most infected cases are recorded so other places not in range can still go on and continue their lives. UK must work on with their economy but at the same time must consider putting strict attention on controlling the cases by putting up a very strict lockdown protocol on those large cases infected areas only so other can still work on managing to recover the economy because if they will just consider economy and set aside the health of the people, UK's economy will get even worst than what they are experiencing right now. They must put into balance working on with economy and health both at the same time.
3898  Economy / Economics / Re: world economy usa will be first country tunr back to normal huge bull run world on: September 21, 2020, 10:56:44 PM
How could it be possible that the country of USA will be the first one to get back to normal and make a huge bull run on the world when at the current situation, they are still struggling to take control of the inflation rate of their infected cases of covid-19 patients and their economy is still struggling due to lots of unemployed people added by the fact that they are still working on stimulus to support their people. The pandemic and other scenarios are currently happening within US so how come? Also, on the news, there are already countries who have claimed to be zero cases and turned back already to normal so basically US is not already the first on that. May you at least provide your resources whenever you are trying to share some information to make it decent and reliable? So that it won't be always like an opposing force always on contrary of your claims because those seems like predictions to us for you have futuristic claims without any sources where you have read or known those information. It would be a handy if you care to share so we will all be informed.
3899  Bitcoin / Bitcoin Discussion / Re: New breed of bitcoin investors? on: September 21, 2020, 09:24:09 PM
It honestly doesn't improve my confidence for even the slightest.

Various people can claim that they will be holding their bitcoin for whatever amount of years and such, but then when the price drops enough to the point that it scared their asses off? They dump, saying that bitcoin is dead, or to "buy back lower".

I think it's better to look at how the bitcoin "bulls" acted in the last crash after the bull run, than listen to what they say.

I agree. Many people even newbies can claim that they will be willing and have a tough mind and soul to remain still into holding into their Bitcoin investments up until the very end of time but those were just boastful and confident claims with no pure proven results because once they see that the market is facing a struggle they cannot get into their butt hurt and they are tend to pull out their investments to try to save their money from the suffering. Actions literally speaks louder than words. Instead of claiming, better just do it and show it on how tough you really are for newbies haven't seen the critical points that can possible to happen unlike the long time investors who have already been here since then.
3900  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATMs Surge As There Are Now Over 10,000 Bitcoin ATMs Worldwide on: September 21, 2020, 08:53:20 PM
I think this was already the 4th time I have read this thread related or with the same thought on this over this forum which is just fine since there goes an update among the early threads that have been created about Bitcoin ATMs. But even if the numbers of Bitcoin ATMs continuously arise but still most of it are dominantly situated or located in US, we cannot practically say that we are massively adapting into Bitcoin engagement and usage because if you will compare the number of Bitcoin ATMs that can be found on US to the others located on other countries, it is strongly incomparable for there are only minimal Bitcoin ATMs that can be found on other places. The massive part of those big numbers are entirely on US only. I am still looking forward that soon enough once Bitcoin is accepted and legalized on other countries, there would be also availability of Bitcoin ATMs on other places not just on US dominantly.
Pages: « 1 ... 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 [195] 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 ... 329 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!