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Messages - bitmover

Pages: [1] 2 3 ... 42
1
Quote
No matter that the idea seems interesting, I wonder who would control the finances in that case - because if there is no central bank and other regulatory institutions, what would the financial system of a country look like?

Bitcoin.

There are some countries which uses usd directly. Panama, Ecuador..  so, it can workout without a central printing.


Well, if we were to remove central banks from the equation, what about the volatility of Bitcoin? A man gets paid in BTC today, and within a few hours the price of BTC drops by 10% or lower - not to mention that on-chain transactions are not instant and can sometimes be quite expensive.

Bitcoin unfortunately has a lot of disadvantages if you want to use it as a currency in the sense that it is used by a lot of people every day. Of course, LN is one of the possible solutions, but there is still volatility and dependence on on-chain transactions.

I don't think this volatility will last forever. It is already smaller than 5 years ago.

If you take a look at emerging markets, the volatility is very high as well. It is common to see a 10-20% drop in value within just a few months here in Brazil. Just take  a look usd/brl.

It is still has a smaller volatility than bitcoin, but I think bitcoin price will stabilize someday

2
Coinbase have option to trade Grin for USD, not sure is there any crypto pairs available at the moment on any other US based exchange.
That means nothing.
Coinbase explore page you posted can also show Monero and almost any other cryptocurrency that exist in the world, and this coins are surely not listed on Coinbase exchange.
This page is similar like CoinMarketCap that is operated by Binance, or independent Coingecko website.

My bad, thanks for pointing out. So other option are gate.io which is not accessible for US citizens then it must be a DEX where I don't find liquidity for Grin at all.

These are the biggest exchange listing grin

https://coinmarketcap.com/currencies/grin/

You can check any coin like this in coinmarketcap.com

3
I just noticed that on altcoinstalks (unlike Btt) it is possible to have an animated avatar. Now that tickles my fancy, how these Mixtum avatars would look with animation.



hello @icopress, i try to access to spreadsheet but this said me "access denied" probably u do some issue with permission
is just a information about it
for the rest, thank you for the fantastic work you do every day
much appreciated and much appreciated mixtum very nice as a service

I had the same problem too...

4
This forum has been around for a long time and we can see that the popularity of this forum has increased a lot. Recently several signature campaigns are running in this forum which signature campaigns are long lasting and members are teleporting their accounts from forum to forum regularly. Since members from other forums are teleporting accounts to this forum, you can be sure that the popularity of this forum will increase in the future and this forum will definitely be one of the best in terms of popularity among all the forums.

We don't know if mixers will stay here for long... they are the main responsible for so much teleported users here.

If for some reason they shut down or stop campaigns, many of the teleported users may become inactive..

6

Also, there looks like to be some kind of airdrop for users who interact with testnet coins. I don't know any of those airdrops.



Nice. I have 0.006 tBTC.

Do you think is it worth anything in the airdrop you mentioned?

I strongly advise against trying to claim any sort of testnet airdrop for ideological reasons. Testnet coins are not supposed to have value (which is why they are so named testnet), but all this talk about trading coins on altquick and airdrops is just going to reinforce the idea to other people that testnet is some kind of crypto that you can earn money with,.

I understand your point and I can see there is really a controversy.

However,  this is not simple sell tBTC and get some money back.

If you open the website,  I will have to give tBTC and then i receive an erc20 token which will be used to test thee new smartcontract they are working on.

It is basic getting paid to help testing. Anyway, as I have very little tBTC, I don't know if I will be eligible

7

Also, there looks like to be some kind of airdrop for users who interact with testnet coins. I don't know any of those airdrops.



Nice. I have 0.006 tBTC.

Do you think is it worth anything in the airdrop you mentioned?

8
Here's a crazy case of a dust attack that ended at the mercy of the hacker who returned the funds.
The purpose was to create confusion in the history of transactions with similar addresses, which ultimately led to the confusion of the victim who sent coins to the wrong address.

https://cryptopotato.com/71m-wbtc-dusting-attack-victim-recovers-stolen-loot/

It wasn't mercy. The hacker received 10% of them funds, millions... and now he is "clean" I guess.

Quote
The victim first reached out to the scammer on May 5, offering a 10% in return for the stolen funds. In cooperation with blockchain cybersecurity firm Match Systems and crypto exchange Cryptex, the victim threatened to trace the funds if the attacker failed to respond by May 6.

....


Meanwhile, the worth of the returned assets hovers around $66.8 million because ether has declined more than BTC in the past week. Data from CoinMarketCap shows ETH fell over 6.4% while BTC slumped roughly 2.8% within the same time frame.

9
At least Unijoin was well-ran enough to automatically open affiliate accounts upon creation so that I could withdraw my commission from there, but from both a privacy and business perspective I am definitely not looking at this with enthusiasm.

Sad to see all those companies making exit scam. Maybe some of them were the same company.

They have spent much more than 2 btc in btt forum... maybe they collected a lot more money to exit scam.

10
USDC Forum / Re: USDC and USDT
« on: May 15, 2024, 09:12:43 PM »
Circle, a USDC issuer, plans to move its legal headquarters from Ireland to the U.S. amid an upcoming IPO.

P.S. Brave guys, such actions really speak volumes. Not every major campaign would do something like this.  8)

Source link: https://www.bloomberg.com/news/articles/2024-05-15/usdc-issuer-circle-to-make-us-legal-home-ahead-of-ipo

I think the future of centralized stable coins is the regulation  . There is no escape. They will all have to fit in the regulations...

Usdc looks to be the safer of all of them, and the most regulated.

Usdt looks to be facing some legal problems already in Europe

11
In the part about censorship resistance, he drops this gem:

Quote
Maybe in a few years, we will come to the conclusion that we should separate money from the state for the same reason we separated the church from the state

I don't know how it is in other countries, but here in the EU, many countries have contracts with the Vatican that guarantee that the states pay the church every year sums of money that are not insignificant. I think that the Catholic Church in my country receives somewhere around EUR 40 million from the state budget every year.
In Brazil, churches do not pay any Taxes at all


Quote
No matter that the idea seems interesting, I wonder who would control the finances in that case - because if there is no central bank and other regulatory institutions, what would the financial system of a country look like?

Bitcoin.

There are some countries which uses usd directly. Panama, Ecuador..  so, it can workout without a central printing.

12
As there are no free money in cryptocurrency
I think the only place in the world where you can find free money is in crypto.

There has been a lot of opportunities of free money in the past. Airdrops which were worth thousands, bitcoin forks, etc...

13
Bitcoin Forum / Re: The anti-mixer arm of Congress
« on: May 15, 2024, 04:29:15 PM »
Well, USDT doesn't have any sort of privacy at all and is not a coin I will be shedding any tears over if it gets banned. DAI is the better usd-pegged stablecoin with no asset freezing feature.

That's true, but it's no secret why stablecoins are so popular - because they can be transferred very easily and cheaply, and many people use USDT in the EU for this very reason. I don't think it's a coincidence that mixers and stablecoins are banned at practically the same time when something similar is happening in the US.

I think it has some privacy.  Better than using a bank (in privacy)
For example, you can pay me 200 USD without knowing my real name or bank account. The only other way to do that is buy using cash (or other crypto currency).

14
Bitcoin Forum / Re: The anti-mixer arm of Congress
« on: May 15, 2024, 01:00:23 PM »
The government always hates the privacy. They want to know everything about the citizens. Meanwhile we are fighting for the right of privacy. Crypto world offers the privacy, it is against the government. So, it is not surprising if the government dislike mixer services. The want to control everything, including the ecosystem of crypto business.

They want to know everything, that's true. I'm not sure that they will actually use all that data though.

They won't use all data of everyone. But they want to have it available in case an individual is suspicious of "money laundry " ow whatever...

15
Well, I have been spreading awareness everywhere about phishing; unfortunately, I was the victim last night when an email was phished at midnight, and I did not have access to my desktop or laptop. I did not doubt the email because it was exclusively for airdrop farming. Since I was on my mobile, I did not check that email's URL and sender. I clicked on the link and went ahead and connected the metamask wallet. It takes only a few seconds to drain my entire wallet. Fortunately, The contract did not drain all the chains. The blast and Arbitrum chains were drained, and the ETH and Avalance chains weren't affected.

Sorry for your loss. Everyone can make a mistake.

I avoid keeping more than a few bucks on my mobile wallets. At most the price of the phone (my personal limit)

I don't have metamask in my mobile, just in my desktop. Maybe it is a good practice,  to avoid interacting with smartcontracts in the phone

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