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1741  Other / Meta / Re: What should I do if the person who left me a negative trust blocked PM for me? on: April 08, 2018, 04:18:47 PM
Looks as if you were begging for merit via PMs. There are warnings about this all over the forum. I suspect that you won't be able to get it removed.
Yes, I understand that I broke the rules, without knowing it myself. But it was only once, more than a month ago. I'm very sorry, can not I have a second chance?

Second chance is something that is scarce around here and those two people that left you a negative rating won't do it without justification which makes it even harder for them to revisit but they could if you can follow the advise given by @hillarious as that is the only way to appeal to them. I also need to blame you because it shows you have not been following the activities of the forum because if you had, you wouldn't have gone through that route and even to the extent of asking a DT member who their stand against such behaviour on the forum is well known.
1742  Other / Meta / Re: [Proposal] Enable sending of less than a full sMerit / Gold and Silver merits on: April 08, 2018, 12:26:57 PM
The merit system since its inception has come with its challenges as well as the merit that it has added to the forum which should not be undermined. However, its not all perfect as there are still room for improvement which is witnessed by this suggestion as sell as contributions for or against such move. In my opinion, I think that this model of merit system currently in place has not run its full course for it to be improved upon. A whole lot of people are still trying to grasp how it works, others are wanting to know why it's scarce, some are thinking its a form of attack on lower rank members etc. Adding this would just make the whole process more complicated than it already is. Its not up to one year since its roll out, when that is fully done, other improvements can roll in.
1743  Bitcoin / Bitcoin Discussion / Re: What we can do to make legal bitcoin in our country? on: April 08, 2018, 06:26:06 AM
To make bitcoin legal is following the procedures of law making. I have seen situations where law makers make law against the wish of the executive which included the Central Banks executive, Federal Reserve executives and when the laws are made, they are bound to follow it.

The advantage of it is that most of the lawmakers don't have adequate knowledge about how bitcoin works and what it entails. In the process of such law making, there is a stage of public hearing where everyone who are stakeholders in that law would air their opinion, this will be an avenue to make voice heard and make argument to support bitcoin. Again, there are conferences, gathering,  meetups about blockchain that would publish a communiqué at the end in major online and print media being part of it could give an opportunity to speak and contribute. These are little things to be done to aid the granting of legal status or a more favorable disposition to bitcoin.
1744  Other / Meta / Re: ATTENTION! BOUNTY CAMPAIGN MODUS OPERANDI SPOTTED! on: April 07, 2018, 07:37:21 PM
This is another plague that unscrupulous individuals are allowing to penetrate the forum. I remember that one of the reasons why google docs is being used in the bounty section is because of how the massive slowing down of the forum it caused. But I still blame the manager for not checking out whether their participants are even complying with the rules before accepting them because if someone uses another username to apply for a campaign, while he can copy his username and profile link, he sure cannot apply the signature if he does not have full control of the account. A random check would have solved all of this without the need to wait till the end of the campaign before distributing stakes.
1745  Other / Beginners & Help / Re: Why do some Bounty Programs succeed and some fail? on: April 07, 2018, 02:52:08 PM
In addition to the first reply and emphasis, my contribution would be largely about the project itself. A lot of projects are launched every day with majority claiming to be the first but when you take a deep look at what they propose to offer, you cannot find an element of practicability in it of course if they offer a whole lot of bounty, it would still fail because the essence of bounties is to attract people to the project and when I get attracted and the project cannot keep me glued to it, it has failed.

Another is the manager handling the bounty, there are some managers that have made quite an amount of reputation for themselves and have been able to stay away from  controversies as much as they could. If those are in charge, the expectation is some level of failure have been defeated from that end compared to a fairly new manager, no experience on how the forum works, accused of moral deficiency etc... All of this put together affects the fortune of bounty campaigns.
1746  Other / Beginners & Help / Re: Let's talk about Privacy on: April 07, 2018, 01:09:15 PM
I think privacy comes apart, when money is involved. I saw this happening on this forum when Ripple was introduced. People only had to link with their Facebook account to get some FREE Ripple in the beginning. This immediately compromised most of these people and their account was linked to their real identity. <if they used their real account, they DOXed themselves>

After Ripple, we saw a host of Bounties and Coin drops and services where they require your social media accounts and some ICOs even implemented some AML requirements to participate.

Is the few dollars really worth your privacy? Your greed might cost you more, when people use this information to track you or even to link you to your main coin hoard.  Roll Eyes

  

Your observation is spot on and aside from what you see there, a whole lot of ICO will hide under whitelist to gather information about prospective applicants, while others that are bounty or airdrop defined will gladly gave their information away because of what will come out of it. But this post is surely not referring to them as they willingly gave them out either ignorantly or as a result of greed.

I am of the opinion of online privacy is not really applicable to me because I feel the sites I visits are mostly normal sites without anything to hide but this post is something more enlightening and would start implementing some of the recommendations there. Thanks Op.
1747  Bitcoin / Press / Re: [2018-04-06] Crypto Self-Regulation Deemed Likely in South Africa on: April 07, 2018, 09:42:03 AM
Its all cool based on what they are proposing and reading through shows that they know the difference between crypto emerging industry and what the banks are doing. While the central bank is still having issues with managing the excesses of the banks, adding that of crypto to it will make it more difficult and lose focus. So the need to have an alternative body to function based on association rather than regulation.

This approach is what I see as "let's see how it goes" because if crypto industry should be big enough to attract attention, I see the association being collapsed into an arm of the central bank or made to be a full fledged regulatory body answerable to the central bank but if it didn't explode to attract the attention, the group just die a natural death without causing any media rumble.
1748  Alternate cryptocurrencies / Altcoin Discussion / Re: John McAfee Charges $105,000 for Cryptocurrency Promotions on: April 07, 2018, 08:29:27 AM
Founder of the software company McAfee, John McAfee is now promoting cryptocurrency for $105,000 per tweet to his 810,000 direct followers.

I found source info here: https://coinpedia.org/news/john-mcafee-charges-crypto-promotions

Like it has been said before on whether John McAfee was doing good for the crypto world or bad BH promoting or lending credence to any ICO or coin, my argument was that he is causing more good than bad by influencing the decision of any market participants thereby leading to a form of pump and dump of that and further distort the market to the disadvantage of millions of other people who didn't have such information.

This allegation of him collecting such high amount is ridiculous though which could either be good or bad depending on the way its being looked at. Good in the sense that, its going to discourage a whole lot of people flooding his timeline on what the next "big  coin" is going to be. And bad on the fact that $105,000 is a just a small amount of money to be raised when his 810,000 followers pumped fund into a particular coin he promotes. The fact his people have continued to make gods out of themselves which give him the opportunity for such relevance.
1749  Economy / Speculation / Re: Bitcoin Falls Down To $5400 on: April 07, 2018, 07:24:21 AM
After RBI's Announcement to Ban Cryptocurrencies Bitcoin Falls Down To $5400

two FUDs are in this single sentence.
1. they never banned cryptocurrencies: https://www.newsbtc.com/2018/04/06/dont-believe-the-fud-india-has-not-banned-cryptocurrency/
2. bitcoin never fell to $5400. it still is between $6500-$6900

what really happened was that a panic was spread and some disruption in the Indian banking system regarding Zebpay exchange which meant people withdrew their bitcoins from there and closed all their orders because they didn't want their money to be caught there. this sudden emptying of orderbooks led to a thin one which was easily dumped into and price on that exchange fell against INR.

Thank you for this clarification when I saw the thread and the timing the thread was created, I was forced to go back and check what the current price is but was surprised its still above $6800 which makes me feel that I might have missed when the price fell to his imaginary $5400 only for me to read down to realise that both the market news and the price were false all together.

Sometimes I wonder what good to people derive is causing panic and trying to bring down the market by making themselves prophets of doom not spreading news that would boost fragile confidence but the other way round.
1750  Bitcoin / Press / Re: [2018-03-27] Twitter Confirms Ban On Cryptocurrency ADS on: April 07, 2018, 02:16:04 AM
Given the big amount of scamming projects surrounding the cryptoworld it has become necessary those kinds of implementations. As far as I've seen, the platforms banning ads are not against the blockchain itself, but against the fraudulent use of it, as a scam, fraudulent ICOs, and not confidable investing sites. To me, this is a necessary evil, and I do not agree with the idea of good ICOs having a problem with that: if you have a confidable project you will not need to say "Ey, free money here!!! " as many spam sites do every day.
Besides, it will help for the people to take seriously the crypto world, for what kind of asset is announced on the internet as a sort of miracle?? None. And if everyone is, for instance, trying to sell dollars with "great profits", it will be treated instantaneously as a scam. So, what's the difference with cryptocoins? Again, none. There is no difference at all. If we want for crypto to be taken seriously our first move is to stop that kind of advertisement because it damages the crypto image.

I would agree with you on this because the trust of projects based on blockchain and all of the "first in this project and that project" backed by ICO has dropped greatly that you are likely to believe in ten times lies than just one truth despite the amount of  verification, due diligence, investigation of the project and those involved. While this should not be something to totally rejoice about, as the influence of ICO is totally not all bad and scam to the crypto currency space, there is a consolation that Twitter is making available which is supporting those that have met certain criteria and I think that is solid enough to show their commitment to the growth of alternative means of doing things compared to their counterparts like Google and Facebook that gave a blanket ban which no one could do anything about.

 
Twitter has publicly announced that they will start instituting a ban on cryptocurrency ads, including ICOs, following in the footsteps of Google and Facebook.

Bitcoinist reported several weeks ago that Twitter was reportedly set to begin banning cryptocurrency ads on a global scale. Now the news is confirmed as the social media platform has announced that they will begin the crypto crackdown due to an ongoing effort to reduce fraud and protect users.

The long march towards banning

Twitter is the latest entry on a growing list of internet sites that are banning cryptocurrency ads. Facebook was the first, announcing their decision back in January to ban all advertising for ICOs and cryptocurrencies. Facebook was then followed by Google, which plans on enacting their ban in June.

Since then, pressure has mounted on Twitter CEO Jack Dorsey and the social media site to follow suit. A lot of people have expressed frustration over how many fraudulent accounts and scam artists were populating the social media space. Now Twitter has taken action, starting today. A spokesman for the social media giant states:

"We are committed to ensuring the safety of the Twitter community. As such, we have added a new policy for Twitter Ads relating to cryptocurrency. Under this new policy, the advertisement of Initial Coin Offerings (ICOs) and token sales will be prohibited globally. We will continue to iterate and improve upon this policy as the industry evolves."

Not a total ban

However, it is important to note that this Twitter ban is not a complete and total one. Cryptocurrency wallet services and exchanges that are publicly listed on “certain major stock markets” will be allowed to continue advertising their services. In Japan, only those exchanges that are under the country’s Financial Services Agency regulation will be allowed to advertise.

Overall, this news is being met with considerable enthusiasm. The consensus is that such banning of cryptocurrencies and ICO ads will cripple the many fraudulent operations that are clogging up the crypto space. Banning ads is seen as cutting off the oxygen to the crypto bad actors, which will help legitimate enterprises.

Of course, another major reason behind the banning of cryptocurrency ads is that of liability. Twitter, Facebook, and Google are all protecting themselves from being held liable if a scam artist uses their platforms to swindle people. As big as they are, these internet behemoths want no part of a crypto-based class action lawsuit.

Source: http://bitcoinist.com/verge-hits-crowd-fund-target-price-spike-follows/
1751  Bitcoin / Press / Re: [2018-04-06]Crypto Capitalization Below $250B: Why Are We Falling? on: April 07, 2018, 02:03:29 AM
Questions like this is not something that should be dwelled upon because anybody who is merely active market should be able to give one or two reasons as to why price are falling without the need to read any article the reasons are everywhere for everyone to see and even if those reasons are not the same, they surely contribute to the current situation.

What I expect effort should be geared towards contents that are about recovery because this time, confidence is what is needed in the market for it to make a stand again. And gradually, it seems every news agency, bank executives, finance personalities, top investors have all decided to go mute on matters that concern crypto currency simply because price are taking downwards trend and the more reason why crypto oriented media should focus on writing about recovery not stating the obvious.
1752  Economy / Economics / Re: Money vs Barter on: April 06, 2018, 07:55:52 PM
Money is one of the important concepts, This section talks about money from the perspective of microeconomics.when people exchange goods and services without using money, this is called barter. "I'll cook dinner if you'll do the dishes" is an example of barter. Imagine an economy in wich i can sell services as a consultant to banks, but what i want is to buy a new suit. the clothing store that sell suits does not have any use for my services as a banking consultant. i sell consulting services for money, and i buy a suit using money. money serves as a medium of exchange. the bank does not sell suits. how can barter work?

When people found a new way of doing things, that is when they then realize that the old way is absurd and life threatening situations. When Pentium systems started being produced, you can switch on your system and sleep to then wake up hoping that it would have fully loaded for you to use but today personal computers are being produced that won't even need to load for you to use.

The question is how did Barter worked when it did and not how can it work when it already faded out. During the time of barter, people don't bother about all of this complexities all they do is either till the ground, fish or hunt these 3 basic things that people engage in makes it easier to exchange your goods or services without issue. But with the industrial revolutions and several development that change our way of life which make several jobs show forth, makes barter an outdated practice and the need to find a lasting solution which gave birth to money.
1753  Alternate cryptocurrencies / Altcoin Discussion / Re: Woolf, the first blockchain-powered university, preparing for presale on: April 06, 2018, 07:44:59 PM
This is a game changer just like someone has rightly pointed out but the concept behind is what I want to understand and how to make it happen. Pardon my curiosity though as I am having difficulty processing my knowledge of what a university entails and how this will be synchronised with the project.

A university is a degree awarding institution which is regulated by authorised government agency to accredit its courses and facilities couple with the syllabus that would be used in such and certificates awarded by this institutions is the basis for any white collar jobs in a particular country. How will this university work? Will it be a degree awarding institution? Will it be regulated by the agency in charge? If its an online institution, will the certificate be recognised by employers of labour? An explanation to this would go along way to give clarity to a lot of people who have eyes on this project.
1754  Economy / Service Announcements / Re: [ANN] ChipMixer.com - Bitcoin mixer / Bitcoin tumbler - mixing reinvented on: April 06, 2018, 02:59:23 PM
Is ChipMixer.io a domain controlled by you? I saw it mentioned, and was going to correct them as I assumed it was a phishing link. However, at the moment, it just redirects to ChipMixer.com. I don't believe you've ever mentioned it, so I'm thinking it could be a long-con by a malicious actor who wants to build trust on that URL, and switch to phishing when it gets enough traffic?

The only reference I could find by @ChipMixer is stating chipmixer.io is not their main domain. But there is nothing stating that the .io version does not belong to them, so I am assuming that ChipMixer.io is, in fact, owned and controlled by @ChipMixer

It would appear that chipmixer.io is currently offline/down...
ChipMixer.com is our main domain.
We were under DDoS attack. Tor service was not affected.
I couldn't find anything from Whois.net regarding the .io domain name while everything is available for the .com version. I doubt It's controlled by the same person.

They probably do own chipmixer.io but, if they do, it's probably just to stop anyone from doing a phishinng attempt with the domain name.
I think .IO needs less information than .COM does when it's registered.

This being said, I wouldn't advise using anything other than the official chipmixer.com and the official .onion domain names as using anything else would just be foolish. They may have the .io name in case they need to move from .com if they get DDoS attacks on the main site.

(chipmixer.net and chipmixer.org appear to be owned but parked also - not sure who owns those).

Questions as serious as domain names should not be left to speculations. It should be so factual and direct for people to know for the sake of posterity. If what is happening is exactly what @darkstar_ is calling an attention to, then this is the time to either debunk or confirm it. If any one fall victim of it, then the blame would to chipmixer as to why they didn't come out with a statement which would suggest some level of connivance which would be more difficult to control then and reputation in this crypto world is a fragile thing that can be lost so easily. #my opinion.
1755  Economy / Exchanges / Re: Gemini's fees have quadrupled as of this morning for most users. on: April 06, 2018, 01:48:11 PM
https://gemini.com/blog/update-to-the-gemini-trading-fee-schedule/

Thoughts? Did you use Gemini before? Will you continue?

Binance/gdax seem like decent alternatives now. What do you think?

I really don't understand the need for the increase in the fees as there is no reasonable justification for their actions. Mining fees have dropped significantly, timing confirmations have equally dropped. The height of it is little or no regard for their clients by not giving any notification and that is why regulations being clamoured for will always have their way. A company does not just go ahead to increase its fees without carrying along the regulatory authority just as banks will not wake up and charge arbitrary ATM fees, COT, alert charges, without recourse to the Central bank and notification of the customers.

4x is just too high and there is need for those using the platform to start considering alternative means of carrying out their transactions because their thinking is that earnings from cryptocurrency is "free money" and you can afford to pay any associated fees that comes with it. Accepting that and continual use of their services will only confirm their hypothesis and a justification to do 10x in the next review.
1756  Bitcoin / Development & Technical Discussion / Re: Ten years have passed, and nobody has figured out a way to use blockchain on: April 06, 2018, 12:53:27 PM
Ten years is a short period for a project that have come to challenge the way things are being done in the traditional way and this did not come as a surprise to the third world countries and developing countries alone, but also the ones that have advanced developed in all of human endeavors. It took the world by surprise that no one ever thought such thing could exist but here we are, its happening even the investors that have shape the 21st century and future generation are yet to grasp what is really happening.

Not that things are not been done, but at a slower rate and the ones that are going to shake all of us is not a project that would materialize in that short period of time because of the amount of time it will take. In the coming years, we all expect all of this to role out both the alpha and beta stage.
1757  Bitcoin / Bitcoin Discussion / Re: Wall Street Bitcoin Bull Tom Lee Predicts “Massive Outflow” Of Crypto Before Tax on: April 06, 2018, 09:26:27 AM
Wall Street Bitcoin Bull Tom Lee Predicts “Massive Outflow” Of Crypto Before Tax Day

Details: https://cryptotown.io/news/wall-street-bitcoin-bull-tom-lee-predicts-massive-outflow-of-crypto-before-tax-day-cointelegraph/index.html

After reading the article, he did made some valid predictions about the tax day coming up soonest on the 17th of April and its effect on bitcoin price. However, its still all predictions and things don't always go that way and I won't surprised that the impact he predicted, might not be up to that just like when it was reported that Wall Street guys would be getting their bonus in January which would lead to a surge in bitcoin price which unfortunately did not happen.

Again, he made prediction about how people would be selling their crypto to pay taxes but I don't see how much effect that would be, because income tax should be on income generated from all sources and if I work and get salary, I should be charged on that not on crypto that I have not sold but the tax law in the US could be different though.
1758  Economy / Economics / Re: Good news or bad news... on: April 06, 2018, 07:46:56 AM
Japanese Ministry of Finance is going to prepare rules for cross-border transfers of digital money

The Ministry of Finance of Japan is going to prepare in the near future rules for the foreign transfer of digital money.

According to the report of the newspaper Nihon Keizai on April 5, the Ministry of Finance plans to introduce rules under which notice to the authorities should be strictly mandatory if the cost of transferring money for a foreign transfer is more than 30 million yen.

It is said that the decision of the Ministry of Finance will facilitate the consideration of the real situation with operations abroad and is designed to curb money laundering operations.
Source: Alpari

Its good news though since its just passing a message. What is surprising is that thinking someone who wants to launder money would have to go through the stress of reporting such info. In most countries today, you the rule is that you cannot travel out with an equivalent of $10000 with reporting it and when you do, you are allowed without any encumbrance but that law is only applicable to those who have legit reasons to hold that kind of money. Its not news that people circumvent the rule with the connivance of those saddled with the responsible of enforcing the regulation where people find corrupt individuals and move any amount they wanted to. Others hide under diplomatic privileges.

Now in the case of crypto how exactly do they want to enforce it? By checking my phones, tracking all of my private keys to know how much is there, all of this policies are just for cosmetic purposes as I don't see any practicability of ensuring it.
1759  Economy / Services / Re: Nexybit Signature Campaign (Sr/Hero signature revised) on: April 06, 2018, 07:38:22 AM
These rates are a joke. In best case scenario, you will only attract 3rd world shitposters/spammers and cause a wave of using the word "sir" on this forum.



I suggest you to offer decent rates, because the curreny ones are just wayyyy too low because most campaigns pay over 35x more than you do. Also get a campaign manager, because they know what to do about shitposters.

While the rates posted by the campaign manager is ridiculous, I think its an open market where they are doing what they can afford. If they promised higher rate and fail to pay, you will be one of the people that would have suggested that "they should go for lower rate that they can afford". If anyone is comfortable with the rate, let him apply what should be the focus would be quality posts and there is no excuse to fall short of that because they knew what they were getting into. And finally there is no need to start name calling about shit posters you might be surprised when those who apply indicated their country of origin.
1760  Economy / Gambling discussion / Re: IS IT THE BEST TIME FOR GAMBLING? on: April 05, 2018, 10:09:15 PM
Ive read some news and threads saying that stocks and cryptos is dropping low and indeed its true. Bitcoins price drops to $7K and is quite disturbing.

You didn't read any news, that is exactly what is happening now. Price is really falling while bitcoin has taken a hit to fall below $7000, other crypto have taken a more massive hit that might take a while to recover from the bleeding that is currently going on.

Do you think its the best time for gambling? Given these following reasons.

- A certain loss on holding a coin can be obtained if you win on a bet in gambling and can recover what has been lost to you because of the drop.
Do you also consider that the entire amount being held can be lost if one bet in gambling and it turned out to be a loss and it would have been better to have a loss which might turn to profit next week or next month, than losing it now?

-  Holding is not that practical because it can be much lowered in the future and better risk it on gambling than seeing it continue dying.
Holding is practical and very good at it as well because there is a general believe that the market will pick up in due time and its also a general believe that gambling is one sure way to lose everything. If you ask me, I would go with the former rather than the latter.

- Trading or Holding consumes more time and risk and it prolongs the pressure of loss in you mind and stress you through out the day and the only way to release it is to risk it in gambling.


As you can see, these things are only successful if you win and much stressful if you dont. What do you choose? What do you recommend? Need some answers.
.
I would recommend to individuals what they have the ability to carry as that would determine the option to go for putting in mind that the outcome is for you alone to bear.
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