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September 24, 2020, 09:57:16 PM *
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1  Economy / Services / Re: [OPEN] Chips.gg Signature Campaign | The Ultimate Crypto Casino | Sr. Members+ on: Today at 04:56:10 PM
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=900041
Current amount of posts (Including this one): 1358
Chips.gg Username for payouts: buzz08
EARNED merit in the last 120 days: 10
2  Economy / Services / Re: ✅[OPEN TWITTER] PrimeBit Cryptocurrency Contract Exchange Signature & Twitter on: Today at 03:44:30 AM
Payment for WEEK 1 (Signature & Twitter) was made: https://www.blockchain.com/btc/tx/67a6b4670ea68206471250cac99f35e8aaa127d4692e6e9ce95754b5811b9a26

Payment for WEEK 2 : it is possible that it will be today, if not, it will be according to the rules (old ones): "Payment will be sent directly to your BTC address every Thursday." , so if not today then tomorrow. Smiley

My bitcoin address got changed which is why it is not showing up in my wallet.
Could you please update my BTC address to 35udw85sr4h5m1pteVSjaNJiTfQLU5nZfk  so that I can receive the last weeks payment on this address instead.
Also, could you please update it in the monthly campaign as well.

Thanks & regards
3  Economy / Services / Re: [OPEN] Bitpr0.com | Signature Campaign | Sr-Hero/Legendary | +5 slots on: Today at 03:35:41 AM
Bitcointalk username: pawanjain
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=900041
Posts count (including this one): 1358
Bitcoin address: 35udw85sr4h5m1pteVSjaNJiTfQLU5nZfk
4  Economy / Services / Re: ✅[OPEN TWITTER] PrimeBit Cryptocurrency Contract Exchange Signature & Twitter on: September 23, 2020, 11:56:13 AM
~snip
Important updates:
- From today it is monthly paid campaign.
- You must create minimum 8 tweets of your own with your referral link and following hashtags: #simplefx #forex #fx
- You need to make minimum 8 retweets
- Maximum 2 tweets and 2 retweets weekly will be counted.
- Payment month starts on 23rd day of each month and ends on the 22nd day of each month.
- Payment will be sent directly to your BTC address up to 48 hours after end of each payment month.


So the monthly campaign starts from today which means the weekly campaign has ended yesterday.
Does it mean we will be getting the payment for last 2 weeks in next few days ?
If not could you please update us on when we will be receiving the payments for last 2 weeks.

Thanks & regards
5  Bitcoin / Bitcoin Discussion / Re: Big companies have started investing in bitcoin as a safe asset on: September 20, 2020, 01:00:02 PM
Whether Bitcoin is a safe haven asset or not has been a debate since a long time and it truly doesn't matter because people who truly believes in bitcoin would still invest in it anyway.
The Institutional investors have already invested in bitcoin in the ICO hype in 2017 and have left the rally. They will only invest in it when the next hype comes pumping bitcoin.
They are just in it for the money and not because of the tech. If/when bitcoin truly succeeds only then will people realize it's true potential and join the bitcoin rally.
Us being the early investors will reap the benefit out of bitcoin at that time. So invest in it only if you truly believe in it.
6  Bitcoin / Bitcoin Discussion / Re: India looking to Re-ban Bitcoin on: September 20, 2020, 12:50:13 PM
The crypto situation in India has been on and off for the last few years. We are already fed up of these repeated judgements from the court.
To be honest it doesn't really matter now whether India accepts crypto or not because we still keep using Crypto now that P2P exchanges have been well established in India.
Even if they don't accept crypto, people will still be able to use it. So it would rather be more favorable for India to just accept crypto and regulate it.
7  Economy / Speculation / Re: Is it possible for Bitcoin to fall and become worthless? on: September 20, 2020, 12:40:12 PM
One thing I have learned through all these years of experience is that never make your judgements from someone else's opinion.
There have come many known people who have made phantasmagorical statements in the past regarding bitcoin's price in future but none of them were really honored by the community.
 
If you think bitcoin will fall in price just because someone else said that it will then you are taking it all wrong.
Bitcoin has proven multiple times to us and has recovered the hardest falls in the history.
So I don't really think that it is possible for bitcoin to fall and become totally worthless until there are people like us who are supporting it.
8  Local / India / Re: What are best practices when trading P2P? on: September 20, 2020, 12:00:11 PM
Yeah I have heard a few months back that someone's bank account got freezed due to a crypto related bank transfer.
I have always imagined what if I get into such a situation and had myself prepared for that already.
What I did was to create a bank account just for crypto related transfers and had my main account away from such transfers.
When I receive the amount from someone I transfer it immediately to my main account.
So even if my account gets freezed it will only be my secondary account that gets freezed while my main account remains intact.
So far things are going smooth and I have never got my account freezed  Grin
Still officials can find those bank account belongs to who and if it is owned by the same individual then you are still under the risk of getting frozen and after the Aadhar implementation the tracking becomes more easier to them.
That's exactly where you are wrong. Yes, officials do have the ability to track an individual but they don't track just any individual for crypto transactions but if the person is involved with some kind of illicit activities such as selling drugs, money laundering, scamming, fraud only then they track the person and freeze all his accounts.
The other thing where banks freeze the accounts is when some particular bank is against crypto only then they freeze the account and in such case only the particular bank account gets freezed. Not the other bank accounts because they are not under the same bank. This is why it is important for us to open bank accounts in DIFFERENT banks.
Banks simply don't freeze the account just because it involved in the crypto related transaction since there is no restrictions now in India against crypto currencies.So you need to assume that you account connected to somewhat illicit activities as you mentioned above with or without knowledge of you.

Example:

Someone hacked a bank account,
Create an account on localbitcoin with fake ID and mobile number (because its easier to get in India)
Buy bitcoin by responding to different ads on LBC
Now hacker still being anonymous but laundered the hacked money into bitcoin
Finally the trader of LBC will be accused of hacking that bank account.

Is it clear now, why people's bank accounts are locked?
Bro that is exactly what I mentioned. Why are you explaining the same thing to me ?
9  Local / India / Re: What are best practices when trading P2P? on: September 20, 2020, 05:20:29 AM
Yeah I have heard a few months back that someone's bank account got freezed due to a crypto related bank transfer.
I have always imagined what if I get into such a situation and had myself prepared for that already.
What I did was to create a bank account just for crypto related transfers and had my main account away from such transfers.
When I receive the amount from someone I transfer it immediately to my main account.
So even if my account gets freezed it will only be my secondary account that gets freezed while my main account remains intact.
So far things are going smooth and I have never got my account freezed  Grin
Still officials can find those bank account belongs to who and if it is owned by the same individual then you are still under the risk of getting frozen and after the Aadhar implementation the tracking becomes more easier to them.
That's exactly where you are wrong. Yes, officials do have the ability to track an individual but they don't track just any individual for crypto transactions but if the person is involved with some kind of illicit activities such as selling drugs, money laundering, scamming, fraud only then they track the person and freeze all his accounts.
The other thing where banks freeze the accounts is when some particular bank is against crypto only then they freeze the account and in such case only the particular bank account gets freezed. Not the other bank accounts because they are not under the same bank. This is why it is important for us to open bank accounts in DIFFERENT banks.
10  Bitcoin / Development & Technical Discussion / Re: Bitcoin 51% Attack - Protocol solutions? on: September 19, 2020, 03:19:09 PM
I believe protection against 51% attacks isn't only solved in a technical level. There's something else holding everything together in the network. There's also the incentives placed to keep miners/mining pools honest.
That is correct. Satoshi actually briefly mentioned the fact that a miner would gain more by being honest than if they were to attack the network. I doubt it would be easy to solve it on a technical level without compromising the trustless and decentralised part of Bitcoin. I would love to read up on solutions that could potentially do it without compromising them but I've yet to come across any.
Yes that's right. I did read that part where Satoshi mentioned that if any party did get to implement the 51% attack successfully and do try to reverse a transaction or chain of transactions  then the cost of reversal process would itself be so heavy that they would rather choose to continue mining in the longest chain rather than initiating the reversal process.
This will force the miners to remain honest. So the point of doing a 51% attack is actually pointless.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Any suggestion in investment in Defi coins/tokens on: September 19, 2020, 03:06:16 PM
DeFi is really becoming a great hype these days as more number of projects are coming up lately.

I was reading a DeFi related article on coinmarketcap today which mentioned that DeFi has a great potential and if is implemented in healthcare then that might attain a trillion dollar market.

DeFi and healthcare: A trillion-dollar opportunity for the taking

Though I agree that DeFi has become a trend and does seem to have a potential, there are teams who are using the DeFi hype and creating unwanted DeFi projects.
There have come many DeFi projects which don't even seem genuine so I would advice to do a through research before investing in any DeFi related project.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: The bounty scam will gradually go away on: September 19, 2020, 02:55:59 PM
If most of the bounty programs start paying in bitcoin/ether then yeah the scamming is about to stop.
Yes there are bitcoin paying twitter campaigns coming up but that doesn't mean all the bounty programs will start paying in bitcoin.
The bounty hunters will have to unite here and stop joining the bounty programs that pay in shit tokens.
If everyone stops joining token paying bounty programs then the project team will have no other option.
They will either have to stop their project or will have to pay the hunters in bitcoin/ether.
But as we all know it's highly unlikely to happen because there are people who will just join any bounty program without even looking for the project potential.
13  Local / India / Re: What are best practices when trading P2P? on: September 19, 2020, 02:19:15 PM
Yeah I have heard a few months back that someone's bank account got freezed due to a crypto related bank transfer.
I have always imagined what if I get into such a situation and had myself prepared for that already.
What I did was to create a bank account just for crypto related transfers and had my main account away from such transfers.
When I receive the amount from someone I transfer it immediately to my main account.
So even if my account gets freezed it will only be my secondary account that gets freezed while my main account remains intact.
So far things are going smooth and I have never got my account freezed  Grin
14  Alternate cryptocurrencies / Altcoin Discussion / Re: How can we convince those countries that see crypto as illegal? on: September 19, 2020, 02:05:47 PM
Cryptocurrencies such as bitcoin are not controlled by anybody and hence there are people who misuse it.
Though there are people who do use it for the positive aspects, the negative aspects come into the limelight.
This is why the Governments are against it since they want to protect their civilians from it.
There are also other reasons such that the Government can't control and hence they prohibit it's use in their country.
If all of us start using crypto for the positive aspects and if it over powers the negative aspects only then we might see all the Governments approving it.
15  Economy / Trading Discussion / Re: Don't trade if you're inexperience rather stake your coins. on: September 18, 2020, 05:03:40 PM
We can't really say one is better than the other because both trading and staking have their own advantages and disadvantages.
Staking does bring us the benefit of getting more coins but if the price of the coin goes low then all the staking rewards are drowned.
Similarly trading coins at a wrong time will drain all our profits too. Both have their own pros and cons.
16  Economy / Trading Discussion / Re: Bakkt - New ATH in bitcoin futures on: September 18, 2020, 04:55:43 PM
The number of bitcoins sold on the Bakkt platform on Tuesday was 15 995 bitcoins, which is also a record.
I guess this is the result of the non-stop growth of defi projects. There are too many investors who are now back because and have an interest in this defi projects that keep growing.
Who said we had a non stop growth in DeFi projects ?
We did see a correction recently in the DeFi projects and few DeFi tokens even decreased by more than half.
May be now people are reinvesting their money in DeFi projects or may be they are investing in other tokens.
The increase in volumes show that people are investing their money in cryptocurrencies.
This does looks like a good news and a signal for the next pump in bitcoins price.
17  Economy / Trading Discussion / Re: This will help day traders and newbie traders. on: September 18, 2020, 04:49:10 PM
While these tips are good and will help the newbie traders, I think that only practice can make them better at trading.
Experience comes through regular practice and we tend to make many mistakes through the process which makes us learn and grow.
My only advice to newbie traders would be practice daily until you master it and then start the actual trading.
18  Bitcoin / Bitcoin Discussion / Re: If you thought you had found the real satoshi with 99.9% certainty ... on: September 17, 2020, 04:01:23 PM
If I would have found out his identity I would certainly not reveal it to anybody because that would just create a panic in the community.
It might turn bad for bitcoin, you never know. The most important thing is it would bring Satoshi and myself into the limelight and who knows what that limelight may bring for us. There are many people who are against bitcoin and if they come to know about it then both of our lives would be in danger.
Also, bitcoin is going really good without Satoshi and I would like it to be that way.
19  Bitcoin / Bitcoin Discussion / Re: Why government Don't kill btc? on: September 17, 2020, 03:58:00 PM
Bitcoin is something that no individual can control and that's why Government cannot kill bitcoin.
But yeah they can still restrict people from using it by establishing laws against bitcoin in their country.
To be honest, Government won't be able to gain anything by regulating bitcoin and many Government's have already accepted it because they know that they can profit more out of bitcoin if they simply accept it and legalize it in their country.
20  Bitcoin / Bitcoin Discussion / Re: Binance sued for money laundering over stolen bitcoin. on: September 16, 2020, 04:49:51 PM
Obviously that had to come into limelight since the total amount is about $15.2 million which is a lot. The 2 BTC unverified withdrawal limit was considered good since it helped to keep the anonymity aspect of bitcoin safe but hackers have used it to their advantage and I am quite sure now that the lawsuit is raised this limit will be removed too. Now onwards people will have to do a KYC just to create an account on Binance and I guess other exchanges will follow the suit.
Binance should have thought a work around for such an attack earlier since it is quite obvious that even if a hacker tries to create 500 fake accounts and uses 2 BTC unverified withdrawal for each account then he will be able to withdraw 1000 BTC without any KYC.
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