Latest posts of: audaciousbeing

Zero fee trading platform is a no no for me while I am not supporting those who chose to kill their customers with fees but to think that where would the platform raise money to pay for those in charge of ensuring the platform is safe and up to date, to pay their customer service agents to ensure that they are responding to queries as at when due. not including all sundry charges such as hosting, licenses, bank charges for those that allows fiat transactions etc. Not that those who charges fees cannot be hacked or get compromised but at least the assurance that they are able to afford necessary infrastructures through various fees levied is good for me.

Quote from: Hagrigton on August 05, 2018, 10:48:58 AM

We all know that the US dollar is swimming in 20 trillion dollars of debt, which doesn't bode well for the future of the world economy because it depends on that currency as a reserve requirement. Everybody is predicting the crash of the USD but no one has any idea how, when, or what the alternative will be.

When it comes to debt, its management is what matters and not the amount involved. Virtually every country has debt and although the US has the chunk on the total world debt it still does not mean there is trouble hanging somewhere so far all the creditors are not calling for it at the same time. When one even take a look at it, the debt itself might not exist aside the ones owed to external parties and lending organization, some of the debts are just provisions, while the others are to put a figure to it. Most of the debts is the cumulation of individual debts from mortgages, credit cards, insurance, health benefits, car loans etc which are owed to corporations. This corporations would be able to defer the tax they are to pay till when they receive these payment depending on what the tax law specifies. Put all these together, you realise technically majority of the debt don't exist and if its continued to be managed, there is no cause for alarm.

Quote from: hitrawal91 on August 04, 2018, 06:46:53 AM

Hi Friends, actually one of my BTC address from Zebpay account having almost 0.01550 BTC has been hacked and the amount has been stolen just few days ago. The amount was not quite big for me, but i really fear about the security of holding the BTC in exchanges and now even in wallets.

I Just want to know is there any ways i can get back my BTC back to my account and also is there any website or authority who can help me out in getting back my stolen BTC, let me know about it. Also let me know what safety measurement should i take while holding my BTC in Exchanges. Thanks in advance.

Unfortunately, just like others have said, there is nothing you can do about it and if you are unfortunate to live in a country where it is better to say they are still in the 15th century, reporting to the law enforcements agents will only compound the problem as you will have to do more draining explanation which will cost you more and at the end, nothing will come out of it. However, if you come from countries that have advanced technologically, they might not be able to get you your coins back but it will go into records and might be relevant when decisions concerning crypto will be made.

Zeppay should be held responsible in an ideal scenario because they are the ones who asked you to trust them with your resources and if they cannot do as promised, they need to pay for it. These are the arguments haters of crypto always have and service providers would continue to give justification for it because of their deficiencies in ensuring adequate security of what was entrusted in their care.

Quote from: KingScorpio on July 25, 2018, 08:01:58 PM

https://btcmanager.com/banks-have-officially-lost-to-crypto-says-former-jpmorgan-and-bbva-executive/?platform=hootsuite

this article is quite interesting, for the bitcoin sect, because when the banks lose to crypto there is no meaning for the bitcoinsect to evaluate yourself in a comparision with other cryptocurrencies.

the dollar is still your master which the bitcoin cult is using to define themselves as more valuable.

with us dollar and fiats gone, the bitcoin sect will look like the arrogant banksters of the past that was fighting against bitcoin

regards

The article did offer some insight by giving live example on how banks have losing in the race sighting the example of how Alipay is worth than the entire top 3 banks in the world. But rather than saying they have lost, its better to say they are losing and I believe that if they can trace their steps back, they can surely find a way to feature in this new found development which I know several banks have already begun research in that area. Banks I am certain will not be outdated rather they will find a way to synchronized their activities with blockchain and continuing to be relevant. If that won't work, they would acquire crypto startups and established enterprises since they have the money to make it happen.

Quote from: BitcoinSupremo on August 03, 2018, 05:46:00 PM

I am reading the Currency Exchange board whenever I need to exchange btc to Paypal and thankfully until now I have finished some trades with trustworthy persons, I send btc first to them and in 2 months 0 chargeback plus I have withdrawn all my paypal now. The problem is when I start reading these last few days noticed that the newbies with only very few posts are all over the place trying to sell/buy Paypal for bitcoin and to be honest they smell scam a few thousand meters away. I think we need to restrict that board to members only and up or if I am being too extreme, then at least Jr and to have at least 10 merits. Overall what I want to say is that we really need some restrictions there.

Aside from what you suggested which I largely agree with because its always surprise me when I see a newbie with few posts and having join the forum just few days ago knows the exact place to place his ads on the forum and exactly the right currency. Its not too hard to discover that its someone else hiding behind that username to perpetrate scam using an account that can be tossed away. But with what you suggested especially the merit part its going to be difficult to quickly rank up and at the same time such merit should be investigated before trusting it blindly.

Another thing improvement in that section of the forum is the removal of ability to lock a thread. Several scam exchange sites are there with the thread bumped every time and with great rates to attract unsuspecting people and those who have been scammed could not post on the thread because it has been locked. I also fell for it until I took my time to search about it only to discover several scam threads have been open in another section of the forum..

Quote from: digaran on August 03, 2018, 02:59:59 AM

I want to know if any DT member would consider not using an escrow for large amounts in bounties as something untrustworthy and red tag worthy?
What these bounty managers are doing is not using any escrow to hold the coins/tokens, they expect you just to trust them to pay you at the end, they are not reputable forum members and sometimes they claim that they are paying Millions of dollars in coins/tokens to their participants.

Should we hold them accountable and ask them to put these coins in escrow and if they refused to do it should we have them tagged?

For example, [Bounty 150 ETH] SERVADVISOR.CO-DECENTRALIZED SERVICES RECOMMENDATION PLATFORM
⚡[BOUNTY] 🔥 LaborCrypto 🔥 - HOT BOUNTY UPTO 💰$175,000💰 TO SHARE!⚡ I would like to see tokens worth $175,000 for this one in a trusted escrow agent, is that too much to ask?

You have made a valid point but not without the variances attached to that line of thought and taking a decision towards that. People joining all of these over bloated bounty campaigns need to be responsible for their own security and how do we complain about people who have not contributed anything to the forum than claim some bounties from every available opportunity, at the same time DT members who have been labelled several names for doing the right thing still protecting them. I personally feel its the height of ironical situations.

Another angle to consider is who will pay the escrow manager for his service as the projects is not requiring their services in the first place and if the forum should enforce it, would that not amount to trying to stifle the alt section. Another important thing is the issue about bounty hunters is not really of getting payment but how worthwhile would it be? In the case the coin created is worth zero, by default the trusted escrow has attached his name to it and who will be held responsible? The point I am trying to make is we should focus more encouraging people to protect themselves rather than waiting on others to do it for them.

Quote from: Rove_V on July 31, 2018, 08:36:24 PM

Hello Guys
I think, that will a BTC in next one or two months going down but, no so much, and then coming next jump. But this time, I think it will take longer and maybe will come also a new record resault. I will appreciate an expert comment.

Whatever we all think will only amount to mere wishes if its not backed by actions ensuring that our wishes comes into reality. Its just like election polls conducted online thinking that is what will ensure a particular candidate emerge as the winner, even with winning of the online polls and the most popular votes cast, it still didn't amount to winning the election in some countries. The point I am trying to make is that we cannot just sit and be imagining that price would just go all time high like that then we can all cash out. Its not going to happen and no matter how small, everyone needs to start thinking of how he/she will contribute his quote or else by January we would still be in the same spot and then change the dream till June 2019.

Quote from: Elwar on July 24, 2018, 07:23:28 PM

https://www.forbes.com/sites/forbesdigitalcovers/2018/07/17/an-unlikely-group-of-billionaires-and-politicians-has-created-the-most-unbelievable-tax-break-ever/

"The heart of this new law: Opportunity Zones, or "O-zones," low-income areas designated by each state. Investors will soon be able to plow recently realized capital gains into projects or companies based there, slowly erase the tax obligations on a portion of those gains and, more significantly, have those proceeds grow tax-free. There are almost no limits. No limits on how much you can put in, how much tax you can avoid and, for most of the country, the types of taxes you can avoid, whether federal, state or local. No limits on how long those proceeds compound tax-free. And precious few limits on what types of investments you can make."

Let's dig into this new tax law and figure out how bitcoiners with high capital gains can take advantage of this legal gift from Washington.

This topic is more of Economics to me than legal but on a second look its just might be right here as we are talking about the law that has been enacted and how blockchain startups can take advantage of it. Firstly, I think its a good one to want to encourage development in certain areas of the country and identifying and admitting leaving this to the hands of government might not happen in a lifetime because most times, concentration is always on the major cities that diplomats and foreign nationals will only visits. It then falls back to the private sector to take the bold step and develop the areas concerned. Over here too, there is some form of incentive for businesses that invest in areas where some basic facilities have not been provided by government in a way of tax incentives.

For crypto related start ups, I think there is still more need to understand the details of the law if it makes provision for that and also understand what is required of them to be eligible for the tax incentive because I don't expect a crypto start up which just have a branch of their office or just apartment to run their online activities to be eligible. So, in essence there is need to do more understanding by employing the services of professional lawyers before taking the decision to set up business based on face value information.

Quote from: BraveLadycuzz on August 03, 2018, 04:57:18 AM

I see a lot of pl doing the same thing every day. Anyway, I do not justify myself but at least warn me before I get baned. Huh

Because a lot of people do it everyday is your justification? When I read your first post about this, I just knew that for you to get banned, you must surely deserve it and I was not disappointed. Now you claim you were not warned but the warnings has been there ever since. You just decide not to pay attention to it. Every subsection, there are certain rules which has been sticky and carefully written as a guide but you chose not to read.

Aside that, I am quite sure what led you to this part of the forum is to discuss about your ban if not, you wouldn't mistakenly know what is being done here in which if you have, you would have seen series of people get banned for lower things than yourself and also realized the abundance of the unwritten rules that could get you a ban pretty quick. Unfortunately for you, ignorance is never an excuse.

Quote from: stompix on July 30, 2018, 03:06:52 PM

It means nothing...

It does mean something because maintaining such stand has given hope of holding or investing to someone within the EU region that is in a fix on what to do concerning his new found love. I don't have the statistics to support that but it's right to make such conjecture. Imagine if the India parliament should make such statement, it would really go a long way.

Quote from: stompix on July 30, 2018, 03:06:52 PM

So..its just words.

Its not just words. At this time of serious uncertainty, every positive should be seen as victory in the crypto world no matter how small or inconsequential it might be. A lot of things adopted today, started as mere words and today, its now part of our existence. A body like that not giving an outright negative statement is worthy to be happy about.

Quote from: SlipMart on July 27, 2018, 03:35:20 PM

Google will no longer allow cryptocurrency mining apps on the Android Play Store

Earlier this year, the search engine giant banned crypto mining extensions from the Chrome Web Store, including the ones that were solely focused on mining. In addition, Google updated its Financial Services Policy last month prohibiting ads relating to “Cryptocurrencies and related content (including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice)”.

The recently updated Play Store developer policy states:

“We don’t allow apps that mine cryptocurrency on devices. We permit apps that remotely manage the mining of cryptocurrency.”

See more: https://news.bitzamp.com/google-play-officially-bans-cryptocurrency-miners/

I will not be quick to blame and castigate Google for taking this decision because they surely know what is at stake and believe this is the right step to take thanks to the myriad of apps on Google store that comes with several promises without doing anything yet you see several bought comments to deceive someone downloading the shit app then uninstall immediately. Aside from mobile wallets android version, every other app related to crypto currency to me, have performed below expectation. They accepted it before, now they are saying no, its just ok to accept their decision and its not total which means it can be reviewed as at when due. I still wonder how long its going to take those who use apps to mine satoshis for it to be worth something tangible eventually.

Quote from: pugman on July 27, 2018, 10:20:01 PM

Since its limited only to 5000 people and if all those knuckleheads send 0.005 ETH, that would make up 5000*0.005=25 ETH == ~12,000$, and each user would be giving 2.36$ away.

Better to stay away and not get yourself scammed like a doodoo. Seems very fishy.

When I see threads like this, I just conclude its a waste of the opportunity granted to create thread anyhow as the only person that could fall for that kind of scam is someone lacking in both common sense and ability to waste money. Its so obvious and the funny thing is everyone posting on the thread won't fall for it while the category of people who are lacking in the common sense highlighted above won't find their way to this section of the forum to read about it. In essence, it does not just serve any purpose whatsoever just a waste of time and I feel the individual who open the thread might have been doing so for other motive such as merit, praise or something else other than scam stopping or bursting.

Quote from: shitcoinoffering on August 02, 2018, 02:42:14 PM

Hello bros! I have an interesting and helpful project for you - shitcoinoffering.com. There we reveal scammers and share this information with all crypto community! Please share this link to all cryptolovers and join us!
Telegram: https://t.me/shitcoinoffering
https://t.me/shitcoinofferingchat

Lets reveal frauds together! Together We are the POWER! No more scam!

Do you think people are just outright stupid to think that joining a telegram linking is what will stop shit coins which would even turn to another platform to promote more shitty coins. If you have anything to offer go about it the right way rather than spamming the forum with your channels and that could get you a ban really quick than you imagine.

Quote from: darkangel11 on August 01, 2018, 10:53:50 PM

I've been looking at the local real estate market for quite some time. People are buying like crazy. Less and less of them are choosing to hold money in the banks and everyone is telling me to buy real estate. This seems to be the dream of every young and old, to have a portfolio of apartments for rent. Who is going to live in your apartment when everyone around you starts to own a spare one? There's not enough people coming to towns to satisfy the market.
At the same time companies are building more and more. There's flats and houses for sale everywhere and new ones are cheaper than the old ones. Why? Because people bought them years ago for e.g. 100k USD and then invested another 20k into remodelling and furnishing. They would like to get at least 100k back, but developers are pumping cheap new flats for 90k now, who's going to buy a used, older one for 100?
These sellers are now waiting because they think it will normalize, but it won't because new ones are still built.
In a couple years people will start lowering the prices of old properties to be able to sell at all and developers will run out of options, because they are building on credit, they have to keep selling. The real estate bubble will have to burst, it's inevitable.

Are you noticing the same pattern around you where every person is trying to save up for a house to rent or buy cheap, remodel and sell with a profit (so called swaps)?

Over here, the same thing is happening that the only achievement that is worthy of celebrating as a young man or woman is when you have a form of real estate investment to your name whether land or building to the extent that when you buy a car as a result of necessity before owning a property, you must be a foolish man. This your observation is a very valid one in that here, we have housing deficit and at the same time, there are empty apartments all over the place in certain areas of the country because of the cost of building and investor want to earn their returns faster and move on to something else. Eventually, it is the cabals who are in charge of sale of lands and building materials get to win at the end.

However, its good to invest in real estate but one needs to be strategic about it. Development happens, cities move, a business centre today can be a deserted environment tomorrow but in the midst of all this, some cities would continue to be in existence and those are the areas that would always turn out returns on investment and even when there is a bubble, it won't burst because as the city continues to grow, the need for housing becomes a necessity for countries that are in the peak of their development process.

I think its good that someone is bold enough to look into another direction away from the entire effort on ETF as the reason why price would increase to a new level and coming from a respected personality it sure sound like the right way to go. The way its going, the ETF approval would surely cause a surge but it won't be to an all time high and even if it manage to increase to the $10,000 region, its coming back down because ETF approval won't be enough basis to keep the price up and the same scenario that happen during the previous increase, is surely expected to happen again.

On him backtracking on the $50k prediction, there is no need for anybody to hold him to it because at the time of making the predictions, everybody already knows its just a wishful thinking of an enthusiast who believes that when some factors are held constant, some things should happen forgetting that when its come to crypto, all factors can never be held constant. Why would I call him a liar for something I never believed in. He made a statement based on factors available to him without forcing anyone to fall in that direction.

Quote from: suzanne5223 on August 01, 2018, 10:56:02 PM

Acouple of days back the bitcoin market was gaining some slightly increase in price but every thing change since Wednesday and when speaking with a friend online he sent a me a YouTube video of McDonald planning to create their own coin. He said the coin was the reason why the market is down and I don't believe him but McDonald have more capital than cryptocurrency this year.
What's your thought guys?

I can't believe that you actually give it a thought that the launch of McDonald's coin would cause a drop in the price of bitcoin. The same McDonald's that is not even present is several countries of the world which means not touching some particular people of the world. If you actually believe that, how much effect would you be considering Facebook that have presence in more countries than McDonald's or Apple or Microsoft even Venezuela or the purported Iran coin would cause?

This is not to discredit the new coin launched, but the point is that the effect it would cause is not enough to pull bitcoin price down. Price will rise and fall without any issue due to the people participating in the market but because we are always out to look for answers, we tend to attach it to any event that happen at that point which was merely coincidental.

Quote from: Elmer1 on August 01, 2018, 01:12:57 PM

Forget cryptojacking, SIM hijacking now seems set to become even more lucrative for criminals looking to cash in with bitcoin from the burgeoning space.

]A 20-year old college student from BostonMassachusetts was arrested in California earlier this month on charges of being part of a gang that hacked cellphone numbers before stealing over US$5 million in bitcoin and other cryptocurrencies.

According to Motherboard, the number of cell phone numbers that the Bostonian named Joel Ortiz and his accomplices hacked using a technique referred to as SIM swapping or hijacking was about 40. With SIM hijacking, mobile operators are tricked into transferring the phone number of a target to a SIM card that’s under the control of the criminal. Upon obtaining the number the criminals can then reset passwords before accessing online accounts of their victim.

Read more about this news https://www.ccn.com/sim-hijackers-steal-over-5-million-in-bitcoin-in-first-reported-crime-of-its-kind/

This is purely not the fault of the phone holder because there is no way to control what someone who steal your phone can do with it. The fault is actually from the service provider with how much they pride themselves as using state of the art facilities, they could be tricked into giving personal information in such a cheap way and not asking for more information to clarify before giving such information. I wish those who suffer the losses should sue them for the losses as they should be the one held responsible for such vulnerability. I also wish the way they attach it to crypto currency is just to make a statement as it surely more than that, people have their phone numbers linked to their bank accounts which means some other people would have suffered huge amount of loss from that end too. The people involved should be prosecuted and made to face the law but also those who made it possible in this case the service providers should also be made to pay.

Quote from: Thekool1s on July 29, 2018, 10:24:58 AM

Listen, guys, I have studied the subcontinent closely. The problem subcontinent suffers from is corruption. To hide their corruption Bitcoin and other cryptos are a perfect tool for them, But the main issue here is that these countries are suffering from low tax revenues which is devaluing their currencies. If they approve cryptos/Bitcoin that means the majority of IT sector will start using it for payments which in return will mean even less tax revenue for the governments, which may lead to hyperinflation and collapse of these currencies. Cryptos won't get a green light anytime soon, especially from the subcontinent that's a reality. Pakistan and Bangladesh may follow what India decides.

Do you guys really think that supreme court will approve a piece of tech which is extremely harmful to its currency? Being optimistic is a good thing but let's be real for a moment.

You angle of knowledge is really commendable and its something that I have also try to struggle with on what could possibly be the outcome and if I could remember, I came to a conclusion that the odds are against crypto by all means and if there is going to be any win at all, its going to be at the mercy of government regulatory agency while the other party is sure to go with a win no matter the outcome. Lets leave conjectures about maybe the system is corrupt and this might dip into government purse or things like that after all, we have seen judges decide against government that appoint them.

The real question, is who are those that would decide the case? For anyone to be nominated as a Supreme court judge than surely that person does not belong to the generation of computers. Basically, the decision would be based on the arguments of the representatives of both sides that then aligns with what the judges have come to know and have done all their lives. With this, we all know what the likely outcome would be. Its best everyone just go about our normal business whatever happens we take it from there.

The title of the thread is largely misleading it should have been '' 2% of investors in stocks in the US own bitcoin'' as against the current title. I don't see any big deal in the report just like if a study is carried out among crypto investors to know the number that still invest in stocks, I am sure that the number would be lower than the 2% recorded in the former research. Its alarming for people to blow survey reports out of proportion without taking time to understand what the study is all about, the targeted population and the variances attached to that study.

The point is, whatever works for any investor, should be carried out, if its crypto, its fine, if its stock you are open to, all well and good there is no point trying to establish a relationship between the two and looking for cross investors on the two options in other to wipe up sentiments that does not exist in the first place.

Quote from: heroson on August 01, 2018, 12:49:40 PM

I recently asked a question, if i could earn bitcoins as a junior member and i was suggested to sell my skills. What are those?. Well, the only skill i have, i think is, i can speak and write 4 languages (german and enlish fluently but not a native speaker)...Does that help?

Those who advise that you sell your skills actually knows what they are talking about and since that is the skill you have come to know you have, there is nothing stopping you from getting additional skill. The one you have currently can also be put into use as you can go for translation jobs for projects launching and wanting to get the attention of certain audience of the community whose native language is not English, that is where you come in. But to do that, you have to start from somewhere which is not limited to trying to learn the right way its being done by partnering with the people already in the business after which you can start on your own.

Going from there, you can expand into article writing, blog posting in all of the languages you know and thereafter, you can add community management to it since you serve as a liaison between the project and the community. The point I am trying to make is that, the 'only' skill you have can open up several additional skills for you. Just be careful to do it right.

Quote from: WaffleMaster on August 01, 2018, 10:52:12 AM

How am I blackmailing him? How did I ever blackmail him? I gave him a days worth to figure out the situation and what he wants to do before opening a scam accusation against him for not paying me .0042 BTC more than he says he owed me (his mistake, really a bad campaign manager for all of this, but that especially). That's really fair allowing him time. He might have had work or be sleeping, or wanted to fix it (surprise, he just lied about wanting to make everything right).

Yes, a campaign manager can choose to remove people. He did that to me in error. That's fine, I pointed the error out and asked him to fix everything. He said he would fix everything. He didn't, that's a scam. And it's worth $840 in future campaign earnings. But you don't care, it didn't happen to you. So we should probably just drop it and let it happen to somebody else too? No.

Also, he does owe me something if HE AGREES TO IT IN WRITING. (last picture) You talk about payment, what do you think about this payment talk in the pictures? Want to just ignore it?

Having read the entire thread, I think its time for you to move on. You have made your point, he has admitted his fault and its time to lock it up and go on. You guys might need to work together some other time and if he so wish, he won't enlist you again and if you wish too, take up a campaign management and not hire him if he should apply. Its your prerogative. I noticed that you have been hammering on potential earnings but my question is, how can you hold him accountable for a job you have not done exactly. It does not work that and continuing pushing this matter will only make you sound like a but-hurt who cannot live without what he will earn from this campaign.

I am actually more surprised that both of you could not resolve this issue of simple mistake till it degenerate to this point and both of you are at fault just as @Yahoo have rightly said. Managers are human and they are prone to mistakes, when that happen, there is a way to approach it and get it resolve without any noise about it. The two of you have just unleashed to the whole community how much ego you took in yourself over the welfare of another. #My opinion.