It makes sense that they've stopped accepting bitcoin. If these big companies are getting paid in bitcoin, and the bitcoin value is going down, they technically lose money on a product that they're trying to sell vs if they were to have sold using fiat. The conversion issues is a whole other story. I can't imagine that it's easy for the corporations to convert the currency into fiat for their own uses. I understand why bitcoin makes a good payment option for peer to peer transactions in general. Large scale corporations though, I'm not too sure about. Any company that would accept bitcoin or any other crypto currency are doing with one sole purpose that when the value increases then they make more money because they would have sold a particular commodity at a higher price than yesterday. Let us all forget the excuse they are giving about falling in line with the current technology or they want to tap into some markets. These companies are multi nationals that dont run after consumers again rather you run after them. If I need an Apple laptop, I am the one that would look for how I am going to convert my bitcoin to fiat that btc accepts not the other way round that that have to ensure they accepts btc for them to sell. The moment this objective is not met as you have said, they are losing and they will stop but let things take shape, you just read a memo of them reviewing their policies and saying all sort of reasons why they are now accepting. |
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Thank you for your comment.
it is very clear that this one IS a scammer as he used a email adres that was not his, but from sebastianju. He gave me a wallet adres that is NOT Sebastianju's wallet adress etc. by spoofing sebastianju's email adres.
I did not know i needed to open a scam accusation thread. I need to find where to open such thread. Thank you for this.
And i was not looking for a cheap buy, i payed a normal amount on a selling topic here on the forum.
Here you go https://bitcointalk.org/index.php?board=83.0 |
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Hello guys, I am the sucker that fell twice for a scam (first one was for $3000,00 and this one is for $5000). I am stupid and naive into thinking i could trust people when it comes to money. The scammer is the user Anticonti (his email vallery9s2@gmail.com) that used SebastianJu escrow service (he spoofed his gmail) to scam me out of $5000,00 hard f**king working money. As i do not have btc or something like that. All proof of the scam in skype. I am looking for someone that is able to help me get my money back. In anyway possible. I could even BEG for donations, but i do not know if this is allowed. I would realy hope that there is someone out there that can be trusted and there is a white, grey or even black methode to get my money back and stop this ass in scamming more people. If someone wants proof of the scam i can deliver it. (On both scamms) Iwan You are still waiting for someone to contact you before sharing the details of the scam? I am not sure people will take you serious on this. First, have you open a scam accusation thread where you supply all evidences to everyone who cares to know and determine how to tackle it. This will serve one main reason, stopping someone else from getting scammed the same way and also ensuring the the username is called out for his action from there it might be contract go wrong or anything else. Its after that you can embark on finding the person but you must have been someone special to have fallen for scam twice by just trusting people blindly based on what they say. I hope you are not one person that go about looking for free or cheap stuffs. Anyway, try this but be more careful in selecting those reaching out to you to offer this service that you require some of them don't even have the skills to find someone on their street. |
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If this is the amount that they are putting an estimate to, that have been stolen then I would say its either not as bad as we thought, or maybe they just decide to be economical with the their findings but trusting the source of the information, I would rely on it. It then means the whole noise about banning of ICO is just blown out of proportion relatively, that amount is on the high side but I wouldn't compare it to the amount that is being raised on various IPO or Right issue of several countries across the world that the directors of those companies have only seen as an avenue to become exceedingly rich in disguise of moving the company forward only to pay investors peanuts as dividend at the end of every year.
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Hello, I have a client who's willing to buy thousands of bitcoins paying cash and willing to meet wherever you want as long as the place is safe for both and secure.
Client is willing to travel to your country to buy the bitcoin you have whatever the amount was.
If anyone is interested just give me a pm or telegram; Xorstt
I cannot but laugh to ridiculously sweet offers such as this especially with the condition of willing to travel anywhere to get this done and people have started making the offer about their location. My question is, is it that bad or that there is no avenue to buy in his country with localbitcoin, coinbase, paxful, and a host of individuals willing to trade any amount that Op's client can only travel to me his need? I am suspecting that the next question is to show that you have the bitcoin you claim you have before he embarks on the journey and for someone greedy, that is the beginning of the vulnerability to exploit. Ohh I see you're the guy seeking for post counts. Can you please fuck off my post and mind your business? LBC, Paxful and whatever you say takes shitty amount of fees so please sit on your ass and judge yourself before judging others  I can see the amount of frustration that you have and the name calling you have resorted to because your procedure has been identified to be faulty with the loophole in your strategy. If you know you are serious can you answer just two questions from me 1. Would you want to confirm if the seller have the amount of bitcoin he claim to have before embarking on such trip? 2. You said Paxful and LBC takes shitty load of fees, please can you explain the relationship between the fees you will be charged and by those platforms and the cost you will incur in purchasing air tickets, transportation and hotel accommodation if you are travelling all around the globe. 3. When there are exchange sites that allows fiat exchange and you can get as much as you want all you need to do is verification, why don't you consider that, it's way cheaper? |
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The bill is a good development if I am asked because it then would give a direction to what they expect and since its coming from both the Central Bank and the Finance Ministry, a lot of ground would have been covered. Another interesting thing in the bill is treating it as a property asset which makes it possible for an individual to keep till forever as much as possible. The crux of the matter is that government does not have problem with bitcoin or any crypto currency, their concern is knowing who owns what which is something I don't see going down well with a lot of people because asking everyone to disclose what they own means unraveling and defeating the essence of anonymity which bitcoin solely relies upon. A suggestion as a way out of this is that the moment people disclose what they have in crypto currency with the intention of obeying the law, it should then be kept confidential with the highest regard.
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I am looking forward to the day that the great Satoshi Nakamoto will reveal who he is, If he is a person or who they are if they are a group.Are you looking forward to knowing Satoshi Nakamoto ? Do you think he will reveal him self?
I don't think Satoshi will reveal himself only until the moment when bitcoin has been accepted by governments of the world if he is still alive by then he can then come out. The reason for my opinion is because there is a lot at stake and remembering what happened to the creator of Liberty Reserve who was sent to prison based on some charges that anybody never knew existed and that is one major reason that led to the death of that invention. If he should come out now in the face of this uncertainty, that would be the end and there is nothing we will be able to do about it even in some quarters which I have read that bitcoin was created by NSA. Coming out and verified could mean impersonation which is one ridiculous charges that I mentioned earlier. |
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In an ideal or perfect world, we don't really need regulations because people would be following the principle of fairness and selflessness but we are not in the ideal world and so we need regulations in order to protect ourselves from people who are just waiting to crunch us alive. The only problem is when regulations are set-up not to protect but to also kill or stifle the very thing being regulated.
One area of concern for regulation is accountability. For example, without regulations placed and laws enacted for the matter, an exchange can just closed its business leaving many members holding empty bags because their funds are gone the moment the site is not anymore operating. And because the people behind the site are anonymous members don't know what to do and where to seek help.
I also felt uneasy about regulations but if done right this can be for our own advantage and the whole cryptocurrency movement.
Exactly my point and that is the reason why the argument of regulations will continue to win everyday and its because the major players are giving room for such. Imagine an exchange site that would wake up and close up, get hacked, treat customers like they are doing them a favor for coming to patronize them, customers support is not responding and no matter how you complain, they just seems not to clear. It does not happen in the real world, banks don't just close down, they don't treat customers anyhow without having to deal with complain from the Central Banks, I have seen banks refund for extra charges taken from my account simply because someone is there to call them to order. Its not all good for banks too, but some bit of regulations is required for sanity to return to this crypto world because only then can trust on a large value is placed in the industry and hopefully we can get there. |
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If everyone starts using electronic money, infrastructure will also need to be developed proportionately. It will not take too much time for paper money to disappear from the market. At the present time, it is not yet clear whether financial institutions can adapt to that change in a timely manner.
When you talk about electronic money, it is not only bitcoin that can be regarded as electronic money even the money in your bank account is an electronic money, or the gift card you have, or the voucher, AliPay and a host of other things that can function as money. Whether financial institutions can adapt to that change is not a subject of discussion because they are even the one promoting it. They charge you when you want to withdraw via the counter, they dont even want you to come to the bank everything you want to do, there are online platforms, phone applications, USSD codes, financial service providers etc. because they have keyed into that dream already. What should be the discussion is whether they are ready for digital money and I would say the answer is yes because a lot of these banks have experts working for them, updating their software and ready to roll into a new financial world but what I will say is the laws guiding their activities which if it allows them, it wont be long before everything fall in line |
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Hello Crypto Pioneers,
I'm looking to go from zero to hero in the crypto world by understanding how to maximize this space, i'm hoping you experts (or fellow newbies) can help point me in the direction of some solid information on how to better understand and profit from Crypto.
I purchased a book arriving tomorrow, and also a course from Udemy, any book, or course or experts you guys recommend, greatly appreciated.
I'll try and help all my new friends on the forum here as much as I can.
Eggs
Hello Mr Eggs, I joined others to welcome you to the community and wish you a happy stay. Contrary to you referring us to crypto pioneers, a lot of us are way far from that nomenclature and the reason for that is so that you know that we are only a few steps away from you in terms of knowledge and you don't just fall for every analysis someone post on the forum at your losses in the end. Its good that you have ordered a book that shows the enthusiasm of someone willing to learn but beyond that the forum is a great repository of knowledge where you get to see undiluted expressions of self and how sometimes brutal it could be. The take out, you should be ready to read and read. Several threads and topics have been created already just search, you can go through Google and it will give you the link. Do this diligently and in six months, you are mentoring someone as well. |
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@stedsm - as per your question
I think your iOS was corrupt? I know that iOS is one of the best operating systems that is not much vulnerable to viruses, but you may have downloaoded something that might have hacked your private key? OR did you download the official blockchain wallet?.
I downloaded the official blockchain wallet. I highly doubt I downloaded something that could have hacked my private key. I was talking to a couple of friends that had bitcoins stolen too. I have to say I usually do very little on my phone that could compromise it. I don't watch porn or youtube videos or anything like that on my phone. The things I mainly use it for online are whatsapp, apple music a couple of dating apps and thats it. Usually prefer working on my laptop. So not sure
I can't really phantom what could have happened here because based on what I have read, you have discontinued the use of the IOS only to then say its now responsible for this. My own question though: 1. The amount that came in before the heist, what is the source of such? 2. Blockchain.info always send notification email to you anytime someone logged, I wonder why its after the attack, you then register your mail to them. 3. I think you should contact support to lay your complain because its a great vulnerability in their system if this should happen without you knowing. |
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I have read important views and how to go about it but from my point of view is the beginning of the situation is when the BCH fork happen because before then, all we do is complain and complain about how situation of things are but nobody was thinking of taking sides. The only competition was between bitcoin and ETH but at the outbreak of the fork then we see infighting with people taking sides.
Solution to the problem is what I will agree with what Darkstar_ propounded because every other options will only be temporary while having a body to regulate will defeat decentralization. The moment the lightning network is done to have maximum adoption, lots of issue surrounding bitcoin is 70% solved while we live with the rest.
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This is a good development though but I would be much more happy if its coming from either TNT, Netflix, WarnerBros and all of those other site but the PirateBay that have been accused for so many copyright infringements, it will be further interpreted that they use bitcoin to finance their activities and that is a bad image adding to the wrong impression that we are trying to correct. When you donate which is nothing wrong, it means its payment for other peoples hardwork that you get free of charge for a token which if everyone donate, such individual or group of individual behind that are multi millionaire over someone else sweat.
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When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?
At this time, I can say categorically that discussion should not even get to the point of stability because its going to be a waste of time and nothing will come out of it. Even right now, a lot of people into bitcoin or crypto don't want stability to happen as the phase that it is now, everyone believes bitcoin is a store of value and anything other than that, the massive majority is moving out massively to the next coin that would offer that. What we need to talk more about now is increasing crypto acceptance and when we achieve that, volatile issue will fall in line by default. My opinion on the issue. |
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Yes I've set up an ad and made pretty strict ID verification. I'm wondering if the fact that I'm selling on that site and then buying the same amount from another site with the hopes of making a profit is legal or not. Anyone have any experience with this? Or know about financial law at all?
If the trading of btc is legal in your country, then you don't have anything to worry what you intend doing is merely someone who is into buying and selling. Just like having a store for groceries by buying from an wholesaler to sell to a final consumer. All that you need to do is do it right by filing your returns and paying the due tax after carefully studying the tax law regarding crypto in your country with that, you are fine. However, you just need to be more careful by taking time to know the business you want to venture into because as a new person going in that line of trade, you are target of some people who are always bent on who they want to scam. |
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Aside the fact that in your write up, it seems you are trying to promote a particular coin which in your message talks about how its being better than ETH. On the issue of volume of a coin, what matter is not the maximum volume but the amount that is available in the market at any point in time. A 25 billon coin would probably worth less than 10 cents if everything is released to the market now today compared to an unlimited coin which the number in the market is way more less than what the buyers want and that will increase the. On market cap, it's simply the price of the coin multiplied by the volume at any point in time which does not matter at a coin of 1$ with 10 million coins would worth $10,000,000 compared to the one with $5 market price and 1,000,000 in circulation. Which one exactly do you think I want to put my money? The one with the high value of course. Hello,
Ok so, everytime you take a look at a coin's price prediction with a google search, like for instance Cardano, you always have the hopeful heard that says "10$ by the end of 2018!" if not more, while some more rational people will say it's not possible, 2$ max, because with the supply of coins (which is 25 billion for ada according to cmc), a 10$ share would mean a 250 billion market cap.
So in essence, rationally, you can sort of predict a coins price by simply looking at coin supply and doing basic math.
Yet, it is a known fact that Ethereum for instance has no coin limit. Although there are not as many coins as Ada (about 100 million to round it up), people are today still ready to pay up to 1400$ a coin, which means an MC of 140 billion USD not a week ago. I'm pretty sure that 1400$ is still the lower/middle end of what 1 ETH will be valued at some point. Heck, it was barely worth 7$ a year ago, and I bet you people were saying the same thing back then "1000$ not possible".
Same thing with the global market cap, what were people saying 3-4 years ago? I bet a trillion market cap seemed pretty impossible.
History repeats itself. People are not rational when it comes to cryptos and we are still in what you could call early stages. It's only been what, a few months now that Bitcoin has gathered interest from the masses. What's your impression? Is marketcap really an indicator? Because when you take a look at Cardano, it looks like a waaay better version of ETH. And as much as I like Ethereum, it's starting to show it's weaknesses and I feel the roadmap and general news about the coin don't make up for the price of 1400$.
So yeah, just curious to see what other's think.
Cheers
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LoL, of course, they will have different price Guess what when I check Binance it shows one price and then in 30 seconds it is different. Am I cheated as well? No thats not what im saying I was physyically looking at it from two different places like physical places DR and the states and the price on one of the coins which i will not mention because then it will look like i am tring to pump but anyway same coin different price LIVE... so whatever Im just maybe confused who knows I don't see what the fuss is all about here. If truly they are cheating you, and you are sure of it, then this I see is your payback period to reap back what you have been "allegedly" rob off. Since you have two system you are watching live and different prices, then its simple buy low of one system, then sell high on another system and you wont have to announce to us of this "opportunity" you found for yourself. Sometimes last week, people were recruiting individuals from South Korea to help them exchange their bitcoin because of the high margin that they have from other exchanges then they share the profit. So this is open to you to harness then come back to share your "testimony" with evidence we will believe you. |
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We create WELL project - a global marketplace for healthcare services based on blockchain. Recently we've launched our Web-Platform, where patients can get medical consultations with doctors anytime and anywhere. You can test following the link www.tele.joinwell.com. We would like to expand doctors' network and invite more specialists to WELL platform. And here Is the questions: what medical specialists (in what fields of healthcare) would you personally want to consult via Telehealth platform? Would be glad to hear your answers:) This is one direction really that is really putting the blockchain into use unlike the max of what we have here which is all about payment and ICOs and its something to be commended for. However, my concern is on the location and law. One of the most regulated profession in the world is the medical field because of the importance of human life at stake which is an ultimate gift. My curiosities are: 1. What regulation do you have to operate this kind of service I.e how do you verify your consultants before listing them on your platform, is there any overseeing body that is regulating your activities or licenses of sorts? 2. Considering the location now, if I am from India for example gets examined by a specialist in the US and he prescribed drugs how do I get those drugs where I cannot just walk into a pharmacy store without prescription from a licensed doctor in within the jurisdiction of my country. |
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Hello, I have a client who's willing to buy thousands of bitcoins paying cash and willing to meet wherever you want as long as the place is safe for both and secure.
Client is willing to travel to your country to buy the bitcoin you have whatever the amount was.
If anyone is interested just give me a pm or telegram; Xorstt
I cannot but laugh to ridiculously sweet offers such as this especially with the condition of willing to travel anywhere to get this done and people have started making the offer about their location. My question is, is it that bad or that there is no avenue to buy in his country with localbitcoin, coinbase, paxful, and a host of individuals willing to trade any amount that Op's client can only travel to me his need? I am suspecting that the next question is to show that you have the bitcoin you claim you have before he embarks on the journey and for someone greedy, that is the beginning of the vulnerability to exploit. |
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Let's just face the facts, shall we (even BTC fans/bagholders)
BTC transfers are nerve wreckingly slow.
BTC transfers are disgustingly expensive.
BTC is at the mercy of chinese gigamines.
BTC experiences sudden enormous swings that appear out of the blue.
And every time BTC does "its thang", the altcoins move with it, since BTC is the most widely used base currency at crypto exchanges. This causes unnecessary stress for people who own coins that actually work as a means of payment or have some other intrinsic value.
BTC is a big old lazy animal, its only virtues are being the first and, consecuently, having no 1 market cap now. But that is changing. Just look at the BTC dominance number on Coinmarketcap. Used to be over 60% not too long ago, now it's 34%. And when BTC loses its no 1 status, what follows then? Likely a collapse, that could bring the whole crypto market down. We need to untie well functioning coins from this dinosaur so it wouldn't bring the whole crypto market down when it decides to die.
We have heard several of this reason and even more of than what you listed here but still the top is reserved for bitcoin and despite all the challenges you listed there none is not surmountable and with various option to adopt by users, its a thing of the past. Now to adoption of a coin as a base currency, if you have an option you can say it but of all the coins we have only ETH can stand and to a large extent there it has been given its own recognition. Decisions like that are not taken based on impulse or in a hurry just because such coin is in the face of attention or has the right technology and the price is increasing not at all its based on how acceptable, how easy it can be converted to fiat, the test of time it has spent etc. Without that, I am sorry, you are stuck with btc. |
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