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Messages - TomPluz

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1
General Discussion / MOVED: Accept Payments Online with Paykassma | Payment Processing since 2019
« on: Today at 07:10:18 AM »
This topic has been moved to Projects Updates & Press-releases.

https://www.altcoinstalks.com/index.php?topic=321096.0

2
General Discussion / Re: Contentment
« on: Today at 07:08:33 AM »


When more and more people are losing touch with their spirituality, they tend to be more greedy and would focus more on gaining material things thinking that they can give them the contentment all of us are looking for. Contentment is something that is subjective and it varies from one person to another but I would just describe it as happiness. When you are happy, it does not matter if you have many things at your disposal or you lack many things and you are still working for them. Now, it should be emphasized that contentment does not mean we have to be lazy but it means that we appreciate the things we have and we are using them for our benefit and the people we love dearly. There is always a big satisfaction when we share what we have with our family and with our community as giving is an act of love. We should be working hard but must never lose the right perspective in life that material things are made for us and we are not made for material things. In summary, life is all about knowing what are your priorities.


3
Bitcoin News & Updates / Trader Loses $68M of Wrapped Bitcoin in Address Poisoning Scam
« on: Today at 06:44:32 AM »

This is an interesting story and it involved a staggering amount of $68M of Bitcoin from the victim and the culprit was using the so-called crypto address poisoning. So what is address poisoning?

According to Cryptonews:
Quote
Address poisoning, also known as address spoofing, exploits a trader’s haste and negligence during transactions. It involves tricking victims into sending their digital assets to fraudulent addresses belonging to scammers.

In most probability, the victim was not aware that his gadget can be compromised resulting into this unbelievably high-value  scam which raises the question that even people who are already experienced with cryptocurrency - its ins and outs - can still be victimized by a more creative evil one.

There is no question that scams, hacks and similar cancerous endeavors within the cryptocurrency industry are one of the many blackeyes and which can make some people stay away from participating in this emerging industry. According to CertiK, over $502 million worth of digital assets were stolen across 223 hacks and exploits during the first quarter of 2024. Now, that is staggering!

Do you think that we should now accept the occurrence of these scams and hacks as very normal in the cryptocurrency industry...and what are the things we can do to protect ourselves from them?








4
News related to Crypto / Gensler Calls Crypto Full of Outsized Piece of Scams, Frauds
« on: Today at 06:27:19 AM »

From here: https://cryptonews.com/news/gary-gensler-attributes-secs-focus-on-crypto-to-financial-media-and-fraud-concerns

Quote

Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), defended the agency’s attention to the crypto industry in an interview, asserting that it’s not an undue focus but rather a response to the prevalence of scams and frauds within the sector.

Gensler emphasized that while crypto represents a small portion of the financial markets, it disproportionally contributes to issues such as scams and frauds, attracting significant media attention.




While I fully agree with the honest assessment that the cryptocurrency industry has become a paradise for many scammers, hackers and similar evil players whose main intention is to fool people for their hard-earned money and to create havoc with many platforms to steal as many digital assets possible, there is also a big problem with SEC with the way it is working with players of the industry because it is looking at it as enemy instead of as partners so all can be working to weed out scammers and fraudsters from the industry. And SEC must be making things clear and not cloud many things so everyone can be guided accordingly and if possible work with the industry to come up with regulatory framework that all can submit to.

Are you on the side of SEC with Gary Gensler or you think there are many things that SEC seems to fail to fully understand in regards to the cryptocurrency industry?





5
News related to Crypto / Re: US Authorities Charge Founders of Bitcoin Mixer Samourai Wallet
« on: Today at 06:12:46 AM »


This is quite expected and with the reach and influence of the US government I am sure that these two guys - Keonne Rodriguez and William Lonergan Hill - will be getting some prison terms at their sentencing day. I am seeing the possibility that the accused would settle the case by accepting the guilty for the possibility of lesser years in incarceration. With the gravity of the charge, surely they will not be getting just four months just like what CZ got recently. Now, this is serving as a big warning for other operators of similar crypto-related businesses to be always careful when dealing with residents and citizens of the United States...the risk of its government running after you can be gargantuan and running away will not solved anything as well as fighting DOJ is not worth it.

6
News related to Crypto / Re: Robert Kiyosaki Shares Crash Survival Rules — Warns Crash Has Begun
« on: Today at 05:25:22 AM »
One of the many things I heard from Robert Kiyosaki is the warning that there is a coming economic and financial conflagration coming for United States that will have a global repercussions similar to what transpired in 2008 that resulted in a worldwide bloodbath. Well, we might get tired hearing this warning as nobody would love thinking of the gloom and doom scenario which can upset our lives and our loved ones but the point here is that we must be prepared for any eventuality...and with Robert Kiyosaki's suggestion we can protect our wealth with gold, silver and of course Bitcoin. And whether this gloom and doom scenario can happen in USA, it is good to invest with solid assets that can withstand the changes that might occur.

7
Cryptocurrency discussions / Re: Crypto mining firms are facing $90 million substantial tax bill in Sweden
« on: Today at 04:58:26 AM »


In my view, this can be a little bit of a technical problem where both sides - the miners and the government - are not in agreement on how to properly compute, report and pay the right amount of tax. Of course, we all understand that cryptocurrency mining is a big business and must be treated as such...surely this is not anymore a hobby of an enthusiast who is just trying things. I am sure the Swedish government is requiring operators to fully register and must be transparent with everything they are doing and so when all records are scrutinize there are discrepancies found. The best thing to do here is to ask the government for a possibility of a compromise as $90 millions can be a hefty sum to pay for these affected 21 crypto miners. On the part of the government, they should make things so clear from hereon how to do taxation so there will be no similar issues later. We all know that the government is always looking for the correct amount of tax to be paid by business owners and it does not matter if one is into cryptocurrency or not. Everyone has to pay their fair share of taxes.





8
Bounties & Rewards [BOUNTY] / Re: ✅[BOUNTY] ✅ Anaphora AI -Listed ✅ $30K Rewards ! 2 Week Campaign ✅ESCROWED✅
« on: Today at 04:46:14 AM »



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9
Bitcoin News & Updates / Re: EU is set to delagalise decentralised mixers
« on: May 07, 2024, 01:38:04 PM »
Quote from: pawel7777 on May 02, 2024, 07:13:31 PM
As far as I understand all this, offering mixing services will be illegal, but using such services will not be outlawed.

It means we can still use those mixing services but since operators are not allowed to provide such services then we will be left with no other option but to surface above and not anymore enjoy a greater level of anonymity. Actually this move by the European Union is nothing surprising at all as even the United Sates is also at war with Bitcoin mixers and many had been charged with money laundering charges before. I am expecting that there will be more restrictions coming from EU as it is at war with privacy in the name of going after funding for terrorism and again money laundering practices. What is so clear here is that the government is really at odds with anything that empower the people away from the prying eyes of them and they hate the idea that control has been reduced due to crypto-related technologies and options. Unfortunately, there is no stopping with this war and will only escalate for more.





10
Bitcoin News & Updates / Milestone: Bitcoin Network Surpasses One Billion Transactions
« on: May 07, 2024, 01:17:20 PM »
Quote
The Bitcoin network has hit a significant landmark, processing its one billionth transaction. This milestone comes 15 years and four months after the genesis block of Bitcoin was mined on January 3rd, 2009.

Bitcoin has processed transactions at an average rate of 178,475 per day, showcasing its capacity to handle substantial volumes securely without the need for centralized intermediaries. Despite initial skepticism regarding its utility, Bitcoin now processes daily transaction volumes comparable to those of major payment companies.

This achievement follows Bitcoin's recent record high of over $73,000 in March 2024. Increased network activity has been stimulated by the excitement surrounding the latest halving event. On April 23rd, Bitcoin set a single-day transaction record, exceeding 926,000 transactions. Although transaction volumes have since decreased, the network continues to process over 600,000 transactions daily as of May 2024.

In its 15-year history, Bitcoin has facilitated one billion transactions, demonstrating its resilience and capacity for large-scale operations. 

Red more of this development here: https://www.btctimes.com/news/bitcoin-network-surpasses-one-billion-transactions




What can you say with this another big milestone of Bitcoin? As for me, this speaks volume of Bitcoin as a payment network pushing aside the narrative that it is not viable compared to other centralized platforms. Young as it is, there will be more developments and innovations that can make Bitcoin more attractive as a platform as well as asset. Looking forward to see it process its 2 billionth transaction many years from now!






11
Bitcoin News & Updates / Re: Jack Dorsey Commits $21 Million to Bitcoin Development Efforts
« on: May 07, 2024, 01:10:02 PM »


This is a very good move by Jack Dorsey who is one of the well-known supporters of Bitcoin and let's hope that with this huge donation it can make Bitcoin more progressive and more attractive to the mainstream population. With continuing developments funded by people who are strong believers in the powerful and game-changing potential of Bitcoin, the King of Cryptos will eventually evolved to be what the people are looking for in an empowering cryptocurrency most especially in today's ever changing era. We should be thanking Jack for his initiative and generosity and hopefully there will be more to be encouraged to do the same.

12
Philippines (Tagalog) / Re: Bitcoin Stocked sa 63k
« on: May 07, 2024, 01:02:04 PM »
Walang masyadong good and influencing developments sa merkado na pwedeng makatulong sa Bitcoin para mas lalo itong lumipad paalis sa $63-64K zone pero sa tingin ko naman eh mas maigi na rin ito kaysa mas bababa pa sa $60K na nangyari mga ilang araw ng nakaraan. Sa katunayan nasa bouncing back ito ngayon...sana lang eh wag na bumaba pa at magpatuloy patungong $65K sa susunod na linggo. dito sa published article sa Bitcoin.com ay sinasabi na talagang aabot sa $150K and BTC na maaring mangyari sa 2025 pero sa tingin ko kung maging maganda ang merkado eh baka sa katapusan ng 2024 magkatotoo na ang prediction na ito. Ang mabuti nating gawin ay mag-ipon ng Bitcoin hanggang kaya natin samantalang di pa sya umuusad patas masyado. Ang problema nga lang kung wala na tyaong pera pambili kaya sana ol na lang hehehe.

13
Bitcoin Forum / Re: Hal Finney and his contribution to the development of Bitcoin
« on: May 07, 2024, 08:27:58 AM »
Among some well-known personalities that got associated with Satoshi Nakamoto and Bitcoin, Hal Finney is a giant name that will always be known for his many solid contributions to the eventual development of this digital currency...and the whole cryptocurrency industry salutes and recognizes the man as one of the those who paved the way for Bitcoin which the whole world is now using and enjoying. No wonder that there are those who are still suggesting the idea that the real Satoshi Nakamoto is no other than Hal Finney himself and in this case we would not anymore see and witness the possible comeback of Satoshi as Hal is already dead. On the man's birth anniversary, let's all remember with gratitude Hal Finney as a hero for Bitcoin and the whole cryptocurrency industry where we are deriving many benefits from.

14
News related to Crypto / Re: BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Charges
« on: May 07, 2024, 08:03:00 AM »


I can still remember that I once used this BTC-e exchange platform when I was then a newbie in the cryptocurrency industry and then later I just saw in the news that it was confiscated by the US government for operating an alleged international money laundering scheme which has now become the usual charge operators will get when they get into legal battle with the DOJ. In its early years starting in 2011, BTC-e was one of the most known exchanges especially for Bitcoin and I understanding it got a good share of the expanding market back then even if its focus was primarily the Russian market. Now, the big lesson here is never do any business with people of the United States not unless you are allowed to do so, otherwise you would be facing jail time later as shown now with what happened with CZ of Binance. I am wishing Alexander Vinnik and hope he gets a lenient sentencing soon.



15
News related to Crypto / Re: Nigeria Mulls Over Banning P2P Crypto Transactions
« on: May 07, 2024, 07:26:03 AM »


This is just another sad development in Nigeria which is considered as one of the top countries in the African continent where more and more people are getting into the cryptocurrency business. Since the government has become a rabid enemy of cryptocurrency and with the recent actions against Binance executives who visited the country for possible talks but were instead arrested, things will only get a lot worse from here on. With this backdrop, I am suggesting that the government instead pass a law totally banning cryptocurrency for good just like China or totally regulate the industry dictating on what can be allowed and not allowed. Sadly, the government has been blinded with its assumption that cryptocurrency is an enemy and will not be contributing for the good of the country's economy and the people.

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