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Messages - TomPluz

Pages: [1] 2 3 ... 277
1
I'll leave it to the defendant's lawyers how they will present their arguments. I think the prosecutors would zone in on the mixing/coinjoin feature of the wallet.

I agree that this can be the very focus of the case against the two founders of Samourai Wallet for money laundering as we know that the government is not so friendly to mixing business and maybe they have the assumption that is something is hidden then something shenanigan can be behind the transactions. I am sure that this can be a landmark case that can define many things and can either prod the US government via its DOJ to file more cases under similar circumstances in the cryptocurrency industry or it would retract and stop its overreach not unless the defendants would opt for a more friendly settlement so as not to prolong the agony, so to speak.



2


I am not familiar with this BlackCard and I am hoping that you can tell us more about it. Actually, I am not using any card when dealing with my cryptocurrency holdings as I really prefer P2P a lot better. Now, understand your concerns as you would like a way to directly use your cryptocurrency without the need to convert it into fiat money yourself and this is BlackCard can handily come in. And for the icing on the cake, there is a cashback program included for all users to enjoy so the more you spend or use the card the more savings you can accumulate. That is a good idea and can be an effective promotional move for people to get more into crypto. I am just hoping that this can be a real deal and will not be another project that can end up defrauding the users instead of working for them. Pleas share us some details here so we can evaluate and decide of the merits of this product.




3


The seizure is based on the allegation that Samourai Wallet laundered over $100 million in criminal proceeds through the years starting in 2015. While I am personally not so keen on money laundering, I am sure that the government will be using this pretext in order to run after crypto-based platforms that are offering privacy to their users because for them privacy means you must be hiding something. I am hoping that founders Keonne Rodriguez and William Lonergan Hill  will be given their fair hearing on their case and that they will fight to the end to regain their freedom, if not the business itself. Let's hope that this is not another overreach on the part of the government and they are really just doing their mandated job in the process.

4
General Discussion / Re: Earn from home
« on: Today at 03:20:38 PM »
The question most people ask is; How and where can I earn from home? There are numerous ways that one can work and earn online feel free to talk about it so we can shear ideas together to build a better future for everybody...

The recent pandemic made working and earning from home on the limelight. These days, there are now so many people in all countries who are doing good making money online either doing freelance jobs or even better having their own business capturing the market of the new generation using the modern technologies most especially the internet. In fact, here in this forum one can find some good ways to make money and earn some cryptocurrency. What is amazing is that one can be in another side of the world and not necessarily in developed countries to take advantage of the many opportunities online. Certainly, the gig economy is getting larger everyday as more and more prospect employers in Western countries are outsourcing their needs to willing workers online. Of course, there are also some people who are utilizing their creativity and talents to defraud people and that is why scamming and hacking is now a multi-million dollar business. But we better stay legal and not scam other people as karma is real.





5
General Discussion / Re: Just Bullrun Memes
« on: Today at 03:03:24 PM »



With the recent halving already gone, I am sure many crypto holders are wondering if there will be another bull run coming either in 2024 or 2025. So I am just wishing them more energy, more patience and more luck as we need them all while all waiting what can be in the crypto market these days. Right now, there is no denying that while Bitcoin has come a long, long way into the $60K level, the general sentiment is that we deserve more after BTC established its last ATH at $73K...it should have been around $80K right now but alas this is just a wish list for now. Cheers to all!




6
Green miners are usually used for public relations and to prove that accepting Bitcoin means an attempt by PayPal to make it better, either in terms of environmental impact or regulatory impact, both of which are useful for increasing the stock price and addressing the concerns of investors who may not be interested in Bitcoin, but in the end, if they want to implement these ideas, they must create a new altcoin.

While I am for sustainability, I am sensing something wrong with platforms pushing for environmentally-friendly ideas and solutions and the problem is that they are actually pushing for their own agenda and interest in the process that will be excluding many in the business and rewarding those they selected based on their own criteria. Many are using this green movement to mask their own selfish concerns and without us being aware of what they are doing, we can be left shocked and trapped. We should then be wary of PayPal which is a decentralized platform now wading into the cryptocurrency industry when it decided that it too wanted a slice of the pie after it actually doubted this very industry for years.


7
News related to Crypto / SEC Delays Approval of Immediate Ethereum ETF
« on: April 24, 2024, 06:36:10 AM »

Quote
The SEC has postponed its decision on Grayscale's Immediate Ethereum ETF until June 23 amidst careful review of cryptocurrency ETF applications.

The U.S. Securities and Exchange Commission (SEC) has decided to further delay the proposal by Grayscale regarding an Ethereum ETF for immediate trading. The review deadline has been extended to June 23. This delay indicates a setback in the approval process for cryptocurrency-based ETFs in the U.S.

Grayscale submitted Form 19b-4 to NYSE Arca in October to convert its existing Ethereum Trust into an ETH ETF for immediate trading. In January, Grayscale successfully converted its Bitcoin Trust into a Bitcoin ETF for immediate trading.



Read more of this news here.








8
Quote
The Blockchain Association and the Crypto Freedom Alliance of Texas have filed a lawsuit against the U.S. Securities and Exchange Commission, alleging that its expanded definition of “dealer” unfairly to include ordinary digital asset trading. The suit, submitted to the District Court for the Northern District of Texas, argues that the rule’s broad scope unjustly targets individuals just trading in digital assets.

The BA and CFAT believe the SEC has exceeded its legal powers by applying a wide-ranging definition of “dealer” under the Securities Exchange Act of 1934.

On April 23, the BA announced this legal action, challenging the SEC’s recent decision to expand the “Dealer Rule,” which, according to these industry groups, is hampering innovation in the U.S. digital asset sector.


Blockchain Association CEO Kristin Smith criticized the rule, stating it represented another instance of the SEC’s overt efforts to regulate beyond its authority.


More of this crypto news here!













9
Cryptocurrency Price Speculations / Re: What are the odds
« on: April 24, 2024, 05:26:58 AM »
So am just curious to know what are the odds of everything changing this time around when the halving comes and goes .

In my view, that can be hard question to quantify and I think there will be no straight answer to that unless we are already in 2025 and we can get back to this thread to see the many developments that occurred and analyze them. One thing for sure is that halving 2024 is a unique one primary because a new ATH was reached even before the halving and the reason for that can be the famous ETFs already in the market. Now, it is a common knowledge that halving usually prod Bitcoin to reach new heights after the halving but this can be taking some months so there is a possibility that we would have new two ATHs this time around: before and after halving. And I think the odd for that to come in reality is very good.



10
Bitcoin Forum / Re: Was the halving created much tension you?
« on: April 24, 2024, 05:15:56 AM »
Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!

Yes, what is the best thing that happened with this halving is that Bitcoin right now has become a very attractive proposition for investing as we are still below the last ATH which happened before the halving and can be the result of the approved ETFs. Now, the consensus is that the big impact of the halving can come months after the very event hence we can be looking for another new ATH maybe around $100K and this can come within 2024 and into 2025 we should be looking forward to the $150K level. Eventually, only time can tell of the things that will be and so far we can only speculation and project of what can be so let's continue on watching and in doing so look for opportunities for possible gains.



11
Cryptocurrency discussions / Re: Anonymity - good or bad?
« on: April 24, 2024, 05:04:50 AM »


In my own view, all people must have the right to privacy and anonymity all the time though this right can be waived voluntarily most especially in exceptional situations maybe involving the law and government regulations. There are a lot f reasons why people would prefer to be private and not to divulge or open up themselves to the public and as for me the number reason is personal protection. Now, we should understand that this right is not absolute because there are those who are infringing on the rights of other people using the shield of anonymity thinking that they can abuse this right in order to pursue their own interest at the expense of other people. We should be using this right legally and above board so that things will be smooth and nobody can be hurt. So to the question whether this can be good or bad, the answer lies on how we are using it.



12
With its recent $10M fund for decentralized identity innovation, what new opportunities do you think will emerge from this project?

I am not so familiar with this coin though I think I read about this somewhere sometime ago. And I think ONG is doing good so far considering its good price and according to CMC it has a marketcap of around $250 million with circulating supply of 376 million. I have not invested with ONG but judging with the details I encountered so far, I can say that it got a good potential for more growth and influence in the crypto market. Now, comparing this to a memecoin, I think the winner is quite clear: it must be ONG and ONT for me. I think the only advantage a memecoin got is if it can attract an avalanche of support hence its growth is usually fueled by hype and that anticipation that it would be jumping into the stratosphere in no time at all. However, we should not that actually majority of new memecoins will die weeks after they are introduced as it would be easy these days to create them.





13
I don't advice entering a competition when you not yet skilled or experienced. Is not worth it  You will make losses that wouldn't meet the reward. Future trading is risky like very risky as a newbie trader

I would 100% agree with this advice most especially for a newbie like you. Future trading is not something that a newcomer like you should get into as there are more risks here...though seasoned traders can do well since they already have their foundations laid down and they know the many ins and outs of the business. Though, if you think that you know how to control your risk exposure, then get in for the sake of the experience and the lessons you can learn. All I would say is: be always careful and never let your emotions ruin your decision-making process. Good luck, man!





14

With the way things are right now in the cryptocurrency market, there is a big chance that Bitcoin will be moving sideways in the remaining days of April, therefore it would be so hard for it to soon be at the $80K gate. There is a mixed signal coming from many ETFs so we can't expect an avalanche of new demand coming from it, maybe in the next few months things can be a little different. However, I am expecting that there can be a big surge for Bitcoin in the last quarter of 2024, or so I believed. As old crypto believers in the market, we all know that Bitcoin can be a very unpredictable beast and even the beast prediction can be thrown to the trash anytime...so let's wait and see what can be. 

15
Bitcoin Forum / Re: All you need to know after Bitcoin halving
« on: April 23, 2024, 03:03:00 PM »


We can say that the biggest impact of Bitcoin halving can come after the very event and it can take some time before it materialize before our every eyes. This is assuming that halving 2024 will be following the historical precedents and not be a unique one where it would be following a different path this time around. Well, only time can really tell which direction will Bitcoin eventually go...so this can be like a wait and see game for all of us. The lesson here is quite clear: continue on holding and even buy more as the current price is still very attractive.


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