Just a sarcastic comment: If Elon tweets something about bitcoin, it drops 0-5%. If he tried the same with gold, it wouldn't drop. It's because of this below. So if Bitcoin is store of value like gold and does the same as Gold then why isn't it classed as Risk Off status like Gold? Because, when an asset has a small market cap, it can be easily manipulated. Bitcoin, currently, isn't as volatile as it was three or four years ago, but it has still room to grow and be considered a “safe haven”. Not all people believe that it's somewhat a digital gold. Remember that: Society needs time to digest changes. In may this year btc dropped like 50%. Volatile like 3-4 years ago right or isn't?
So if Bitcoin is store of value like gold and does the same as Gold then why isn't it classed as Risk Off status like Gold?
Gold price changes very slowly, the changes are very small. On the other hand Bitcoin has days with 10% price change... easily. The result is that you can lose in years with gold less than in one day with Bitcoin. Just imagine those who bought Bitcoin in the winter of 2017/2018 at over 15k and sold in 2019 4x cheaper... Yes, on very long term, or if you know when to buy and when to sell, Bitcoin is a great investment. Ah, you need strong hearth too for certain changes in the price. ...While gold just changes a little bit now and then. All in all I find the risk status pretty much OK for now. I am certain that in some more years (and I hope they won't be many), Bitcoin will also become "risk off". Is it because Gold has a much bigger market cap than bitcoin meaning it cant be manipulated by a whale pumping gold price like 10% in a day? [moderator's note: consecutive posts merged] |
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Bitcoin is outperforming pretty much every other investment including Gold.
It is far too easy to focus on the last week in the markets and make a comparison,
you gotta zoom out.
Many many traditional investors will still choose Gold as a hedge against inflation and
they might diversify a little into Bitcoin too but when the markets pull back like in the
case of the reaction to the new variant of COVID some investors will sell their Bitcoin
to cover their other investments, so the markets are linked somewhat.
Bitcoin is outperforming gold because were in a 'risk on' macro economic environment now? We had low interest rates for over a decade now and still have low interest rates and the money printer that favours 'risk on' assets. That's the reason why gold is going down? When Coronavirus hit the world back in March 2020, soon afterwards gold shot up in price to over $2000 a ounce because it was panic uncertain times then. If new strains can cause the same panic and uncertainty then can Bitcoin still go up like gold?
Bitcoin is better than Gold and it is not fair to compare Bitcoin to Gold. They are different asset and can not compare in all specifications they have.
Risk on or risk off is what people are thinking of Bitcoin. All investment assets have risky specifications and it's nonsense to say gold is risk off and Bitcoin is risk on.
Recall in the last year, crude oil had days with negative price and in the last one year, Gold has worse performance than Bitcoin.
But Bitcoin is competing with Gold as inflation hedge and store of value correct? If not then Bitcoin is a currency that everybody will use to buy things with it right? [moderator's note: consecutive posts merged] |
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Everybody says Bitcoin is Gold 2.0 is the new digital gold and will replace gold, an inflation hedge like Gold. Bitcoin & Gold properties are matching except for 1 thing:
- Bitcoin seen as Risk On Asset instead of Risk Off like gold, so in times of economic uncertainty Gold price soars because its risk off and in uncertain times stock market crashes & crypto crashes.
So if Bitcoin is store of value like gold and does the same as Gold then why isn't it classed as Risk Off status like Gold?
In times of economic uncertainty where risk on markets crashing everywhere Bitcoin should be the hedge king right rising up and not be correlated to risky stocks correct?
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You are right that the settings is not the same as the previous one. Don't worry, all who use metamask extension will have to do it again. About the password, you can use the same password if you want. As what in previous post said, setting you made and adding tokens, network and other stuff that you must add manually won't be set automatically when you import your seed phrase on metamask. Once again, seed phrase only recover your wallet and have access to your crypto and not the settings. Metamask have a feature to sync your metamask but you need the other device to scan the qr code.
Just to confirm settings and networks added in Metamask can be synced to another device only if that device has a camera lens to scan the QR code? |
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So a true decentralized non-custodial wallet is like this where everything resets to default if logging into a new device because of not your keys not your crypto correct?
In brave browser BAT you can sync settings & bookmarks saved in the browser that claims to be decentralized non custodial so how is that possible then?
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Hi,
I installed Metamask extension on another device in my home and did the import using secret recovery phase to login and it asked to create a new password, why new password needed and why cant I use my previous old password?
Okay I logged back in and see my settings are not synced and my metamask looks like it has gone back to default settings with all the networks that I originally added on my 1st device that I used 1st time to create the metamask wallet is all gone.
How do I sync my metamask wallets between different devices so metamask settings & networks are synced?
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Hasn't Kleiman's family lawyer who is representing them advised the Kleimans that once its proven that Craig Wright is to be the real Satoshi Nakamoto then bitcoin will crash to $0 meaning that court case that they filed and sue Craig Wright for will be for nothing because 500,000 bitcoins will be worthless so what's the point of the case?
Is this the beginning of the brand new FUD coming to bitcoin social media  To answer your question, another judge in UK some time ago decided that Craig Scammer Wright is Satoshi Nakamoto and even ordered bitcoin.org and other websites to remove the bitcoin paper since according to the judge CSW owned the right to it. Long story short, nobody in bitcoin world gave a shit apart from some posts on social media for a couple of days. Most people don't even remember it anymore LOL. What evidence did the UK Judge see to grant Craig Wright the Bitcoin White Paper & Bitcoin.org?
I'm not an expert on the topic,but here's my two cents.
If Craig Wright was the real Satoshi,he wouldn't act as a greedy son of a b*tch.
He would have access over the 1.1 million BTC in the Satoshi wallet,which makes him a multi-Billionaire and he wouldn't waste his time and money with court cases.
It has been proven multiple times that Craig Wright is NOT the real Satoshi,so all your assumptions that BTC will crash and BSV will go to the moon are just nonsense.
Such court cases take years before a final verdict,so we can only sit and watch all this circus.
I know that Craig Wright can't prove anything,so there's nothing interesting here.
How does a baseless case run for years without any hard evidence then  The judge should have threw the case out of the court room and see it as a joke if there's no real evidence yet how the case ran for years I don't understand?
~ Finally why is that the early people that worked on Bitcoin such as Dave Kleiman and Hal Finney all have died coincidently Dave Kleiman and Hal Finney was in bad health condition for years before they left the world. Dave Kleiman was paralyzed from 1995 due to an accident and he needed help to move around and for the last three years of his life he was in the hospital and Hal Finney who was suffering from ALS for years and you can find his post in the forum when he was updating about his health conditions, so there is no mystery. When it comes to the court case, till now Ira Kleiman has not produced anything about any agreement to get any Satoshi coins but what i am surprised is he already spent around $50 million for this legal case and there is no way he is going to win the case with the way things are going and whether CSW is the creator is another story altogether. Craig Wright spent $50 million on the case so far? Has he liquidated bitcoin holdings for this and if so were we can see the on chain data to verify this?
So in conclusion the only way we find out if Craig Wright is the real Satoshi Nakamoto is if he loses the court case and the judge orders him to give Kleiman's family over 500,000 bitcoins and we can see the 1.1 Million bitcoins in Satoshi Wallet has decreased a lot in amount of bitcoins in there after the case is finished? If so BTC will crash in value & BSV Bitcoin Satoshi Vision coin will take over?
This is the important question in the OP The only way to prove ownership of the Satoshi Bitcoin is to either move some of them from one of the wallets or sign a message from one of the addresses. So in this weird court case if the Judge finds Wright guilty he would have to share the Satoshi Bitcoin. Apart from Wrights supporters everyone knows he is not Satoshi. Its such a nonsense case because if he is found guilty he wont be able to share what he does not have access to, so the perfect scenario would be for the judge to order Wright to pay the Kleiman family the same value as the Bitcoin "they are entitled to" from the court ruling, that would shut him up. Bitcoin going to zero, i cant understand how or why this would happen... When you think the case will finish and if Craig Wright is found guilty and is ordered by Judge that 550,00 bitcoins is ordered to the Kleiman's family or judge forces Craig to liquidate 550,000 bitcoins for cash settlement for Kleiman's family then after this ruling we know for sure if Craig Wright is BS? How many wallet addresses are there amounting to 1.1 million bitcoins and where we can see this on chain data so we know after the judge verdict whether this amount has decreased or not?
If Craig Wright loses, he will have to pay Kleiman 500,000 Bitcoin or the usd value of that amount.
So it is entirely likely that Craig will owe billions in USD if he losses.
Then he will use his other court case in the UK to try and force the Bitcoin Core developers to move Satoshi’s coins so he can pay the fine and profit.
Make no mistake Craig is one of the stupidest people I have ever read about. He is as dumb as they come. He is not Satoshi that much is clear even the Australian Tax Office concluded Craig was a fraud and a liar.
Craig thinks he will be able to use some court order from a uk court to move coins on Bitcoin that he cannot prove ownership. Even as others have already signed messages on old addresses Craig said were his.
(Edit: of course this isn’t possible, no court order could ever move any Bitcoin in the way Craig wants, but his long con isn’t really about Bitcoin at all, rather it’s about controlling old addresses, some of which might be the Satoshi coins, on his BSV fork)
At most he might convince the BSV devs, miners and community (nodes) to allow him to "recover" Satoshi’s BSV coins. Of course that would collapse the BSV price even further to zero. Which is also good as the only people dumber than Craig Wright are his supporters and BSV holders. Those people truly are the dumbest shits ever to walk the Earth and deserve what’s coming.
Wait you saying the Bitcoin Core Developers have the centralized power to activate a dead dormant bitcoin wallet that's over a decade old with the private keys supposedly lost to this wallet  I dont understand isnt it illegal and a crime to waste legal system resources and courts time by asking the courts to chase bitcoin core developers to activate satoshi's 1.1 million bitcoins wallet then after all that chasing realise its impossible. So Craig Wright can go jail for wasting time offence? For example if I pranked the police and called them to say somebody was murdered and they came and found no body or murder then I get arrested for the crime of wasting police time.
Where did you get the idea that Bitcoin developers could do something like that even if they wanted to?
No of course not, sorry if I was not clear in my reply above. This is a long con to get access to the BSV coins. (I think) Craig’s game is: - Get a UK court to order the Bitcoin Core developers to move the coins
- Obviously that will fail. But he needs this for the next steps
- Then take that order to his BSV fork
- Convince the miners, devs and community of BSV to give him the Satoshi coins on BSV
- He makes millions and maybe cashes out just before BSV finally craters to zero
Of course Bitcoin is never and was never affected in the slightest. But Craig’s con involving making some idiots in the community feel that he has that power. So that they give up the Satoshi coins on his BSV fork. Does the victims that is Kleiman's family want settlement in BTC Bitcoins or BSV Bitcoin Satoshi Vision Coins if Craig is found guilty by Jury? If they want Bitcoins BTC then BSV is worth nothing compared to BTC right now so how him liquidating Satoshi's BSV coins be enough to pay off the Kleiman's family [moderator's note: consecutive posts merged] |
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Okay how many wallets in total adding up to over 1.1 million bitcoins?
I can understand your reply more than the op topic itself. Can i figure out that the relation claimed between Craig and satoshi is based on those addresses 50 btc genesis block? While it could be the reason for Craig to support such a dumb idea, who might support it? Finally , i find it bullshit how op think that the court can determine if Craig is the real fake Satoshi. No I didn't say the Judge decides whether he's real Satoshi or not. I meant after the case is finished and the judge orders Craig to settle with his victims that is Kleiman's family and after that if we see that on the blockchain/ledger those 1.1 million bitcoins has been decreased in amount required for the settlement then that proves Craig Wright has the private keys to those 1.1 million bitcoins correct that supposedly Satoshi has access too also unless Craig is Satoshi? |
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Hi, Understood case in court is still ongoing in Florida. When you guys think jury will reach a verdict? If Craig wright is found guilty and has to pay the victims that is Dave Kleiman's family then Kleiman's family is entitled to half a million 500,000 bitcoins correct? This is 50% custody of Satoshi's Bitcoins. Where can we see this Satoshi wallet address with over 1 million bitcoins in there on the bitcoin explorer/chain? If Craig is found guilty and soon after that we can see on the blockchain that over 1 million bitcoins amount in that wallet has decreased then that proves Craig Wright is the real Satoshi Nakamoto and has the private keys to this wallet? Hasn't Kleiman's family lawyer who is representing them advised the Kleimans that once its proven that Craig Wright is to be the real Satoshi Nakamoto then bitcoin will crash to $0 meaning that court case that they filed and sue Craig Wright for will be for nothing because 500,000 bitcoins will be worthless so what's the point of the case? Craig Wright is rich so if Craig Wright loses how is it settled with the Kleiman's family? 500,000 bitcoins or Craig settles it with his own cash? Does the judge decide or Kleiman's family decides how its settled? So in conclusion the only way we find out if Craig Wright is the real Satoshi Nakamoto is if he loses the court case and the judge orders him to give Kleiman's family over 500,000 bitcoins and we can see the 1.1 Million bitcoins in Satoshi Wallet has decreased a lot in amount of bitcoins in there after the case is finished? If so BTC will crash in value & BSV Bitcoin Satoshi Vision coin will take over? Finally why is that the early people that worked on Bitcoin such as Dave Kleiman and Hal Finney all have died coincidently |
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What about Helium HNT guys?
I'm very interested in HNT mining. They only problem is. There are no hotspots near me. Only 1 at 10km away. And the delivery times are going nuts. I don't want to buy something and get it delivered in 3 or 4 months. Maybe the crypro is crashing by that time. How do I check and see hotspots near me? How you know delivery is 3-4 months for what device? You can use this site to see if there are hotspots near you : https://explorer.helium.com/There are lots of hotspot devices that you can use. See the Helium site what devices you can use. These hotpots use like 15 watts or so. So yes much less then a GPU mining farm which uses around 75 to 120 watts per card + all additional needed hardware. So hotspot is like a wireless router or access point. My wi-fi router is on all day doesn't use that much electricity so will a hotspot be similar in energy usage?
Pretty interesting!
I've read a few references about Helium, added it to my watchlist, and let's see how it will grow.-
I'm very interested in HNT mining. They only problem is. There are no hotspots near me. Only 1 at 10km away. And the delivery times are going nuts. I don't want to buy something and get it delivered in 3 or 4 months. Maybe the crypro is crashing by that time. - How you know delivery is 3-4 months for what device?
Taken from Bobcatminer's order page:1. Only send USDC on the ERC20 network
2. Deposit of wrong tokens, addresses, or networks cannot be recovered.
3. Instruction on how to pay with Coinbase and Binance.
4. Estimated shipping time is 12-20 weeks from order date.
5. We cannot ship to a PO Box.
6. If you are new to Coinbase you MUST complete a KYC verification prior to starting your order. IF you complete the KYC during the order process it can lead to a delay in your payment. This can timeout the transaction and you will not receive an order confirmation.
But yeah, the upfront and operational cost is lower than GPUs rig(s) or ASICs. Bobcat miner can mine HNT quicker at what energy usage? [moderator's note: consecutive posts merged] |
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Will Eth 2.0 be more decentralized than Cardano?
Will Eth 2.0 be a hard fork where there will be Eth 1.0 and Eth 2.0? If not then will Eth 2.0 still need to rely on Polygon Matic for cheap fees or Polygon becomes obsolete when Eth 2.0 is released?
Can't tell for sure whenever ETH 2.0 will be more decentralized than Cardano or all the other way around. I'd say they're neck-and-neck when it comes to achieving security and reliability. Cardano is backed by academic research, so there's that. According to the developer team, the Ouroboros PoS consensus aims to achieve scalability and cost-efficiency without sacrificing decentralization. We're going to have to wait until ETH 2.0 is launched in order to test both blockchain networks' level of decentralization. As far as hard forks are concerned, ETH 2.0 will consist of a multi-tiered launch process. Ethereum will become a hybrid coin first (PoW and PoS) until the network fully transitions into PoS (which is ETH 2.0). Polygon won't become obsolete simply because it's a sidechain with its own network architecture. After all, Polygon relies on the main ETH blockchain for security. The launch of ETH 2.0 is inevitable, so the best thing other projects can do is to adopt the latest trends in the crypto/Blockchain space in order to avoid being left behind in the dust.  So there's no hard fork and Eth 1.0 POW will change into Eth 2.0 POS in stages? The purpose of Eth 2.0 is cheaper fees because current Eth 1.0 gas fees are killing everybody, on that note if Eth 2.0 will have cheap gas fees then why the need to use Polygon for cheap fees when Eth 2.0 already has cheap fees |
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Okay how decentralization compares between current Eth 1.0 POW and Eth 2.0 POS? Will Eth 2.0 POS make Eth less decentralized? For example Bitcoin is decentralized but cannot be scaled on the main btc chain unless it becomes centralized. However the lightning network adds scalability to bitcoin on a like a layer 2 sidechain which is centralized but doesn't risk the decentralization of the main bitcoin blockchain. Polygon Matic is similar like this to current Eth 1.0 POW right? But you saying Matic is decentralized by itself, how Yes. ETH 2.0 will make Ethereum less decentralized. But it will still be a far better choice than DPoS platforms like EOS and TRON. ETH 2.0 will even be more decentralized than Binance Chain itself. Polygon (MATIC) is a Layer-Two platform, so it takes all of the security of the main ETH blockchain. It's not a separate blockchain network like Cardano or the ones mentioned before. This will make Polygon as decentralized as Ethereum itself. I wouldn't classify it as a direct competitor of ETH 2.0, simply because it's a sidechain. There isn't any contender that will outmatch ETH's security, reliability, and decentralization/censorship-resistance. As long as this is the case, ETH will remain as the leading smart contract platform on the market. Just my opinion Will Eth 2.0 be more decentralized than Cardano? Will Eth 2.0 be a hard fork where there will be Eth 1.0 and Eth 2.0? If not then will Eth 2.0 still need to rely on Polygon Matic for cheap fees or Polygon becomes obsolete when Eth 2.0 is released? |
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Its like every 10 secs the fees are so volatile according to:
We just have to accept the fact that until something is done about this situation, it will keep on being like this. I get that people want to pay reasonable fee, but at the same time we don't, because we want it to be accepted as soon as possible. There are way too many transactions, and there are few solutions to it that nobody really works on quickly enough, it has been over a year, even nearly 2 years since this problem started and nobody did anything about it. Everyone is expecting ETH 2.0 to solve this problem but let's be honest it probably won't be. This is why I honestly believe that we should just let it be and focus on other tokens and coins for our pleasure until ETH finally figures it out and fixes it. Curious to know why you think Eth 2.0 POS wont solve the issue? You think fees will still be expensive just a bit cheaper than current Eth 1.0 POW? |
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There is an explanative article about Blind Signing by Ledger, but yea, it is from Ledger, so there's some marketing in the article. Though, I believe it will give you a scatch of the surface about Blind Signing. Here is the link: Crypto’s Greatest Weakness? Blind Signing, ExplainedJust to clarify hardware wallets eliminates blind signing risks? If so that means all transactions and signing contracts outside the hardware wallet involves blind signing risk? I'm sure most of de-fi users are not hardware wallet owners or are they to prevent blind signing risks? The essence of blind signing is that you are trusting any hardware, application, software, contract, dApps, wallet, etc to do its job without you being able or did not fully verify it. And the article part you referred to is assuming the user monitor device are compromised, therefore by signing or executing any contract outside HW you are blind signing it since you can't truly verify what does the contract actually shows. It is worth noting that HW does not eliminate blind signing as a whole. To be specific about blind signing a smart contract, let's take an example by Squid Game Token, most of them got rug-pulled because they can't swap the token is blind signing the contract, they did not verify the token contract instead they assume the token will behave like every other token who are trusted. I think one of the best ways to minimize a blind signing is to verify any contract execution by yourselves, make sure you are dealing with the correct Dex, make sure you are interacting with the right contract, etc. Okay when you say user monitor device are compromised increasing the risk of blind signing, do you mean the ledger hardware wallet device? Ledger claims their hardware wallet stops blind signing so what do you mean when you mentioned HW does not eliminate blind signing? How do investors that do not know coding or programming able to verify a smart contract to see if there is any dodgy codes written? How do you verify contract execution by ourselves and making sure we are interacting with the right contracts? |
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Hi,
If a established altcoin within the top 100 ranking on coinmarketcap that still does not have social presence on reddit but on twitter then what does this indicate?
Socials on Discord and Telegram cant be taken seriously because these socials are private not public ideal for scammers correct?
Any social platform where these projects are staying and have their community shouldn't be ignored. So what if they've got thousands in discord and telegram? That's still a lot of following and they can just start out their FB/Twitter accounts for just the updates of the projects that they work on. It's just a matter of where they're being followed and where their community is staying. Of course obviously new coins projects start off on Telegram & Discord and over time build their social presence on the bigger public platforms such as Twitter/Reddit/Facebook etc. I'm talking about coins over 1 year old and are in the top 100 rank that have no Reddit presence yet. Compare that to newly released Super baby Dogecoin or Super baby Shiba Inu Coin that are ranked no. 9,999 and no.10,000 on coinmarketcap with just discord & telegram presence for example. Its easy to fool & scam 1000s of followers on discord and telegram but not easy to fool and scan 100,000s of followers or millions of followers on the bigger social platforms right?
Hi,
If a established altcoin within the top 100 ranking on coinmarketcap that still does not have social presence on reddit but on twitter then what does this indicate?
Socials on Discord and Telegram cant be taken seriously because these socials are private not public ideal for scammers correct?
For me it indicates nothing at all to be honest. In the end the social media channels are just another way of communicating with your investors and everyone else. I also have to say that if i had to choose i would always go for a good telegram group instead of a communication that is only managed in social media like twitter, because in Telegram you often have the direct communication with the Devs and the owners of the project. Especially in new and smaller projects it is not that rare that the Devs are very active in their Telegram chat to answer questions and explain what their projects wants to achieve and stuff like that. I don't really need Twitter. I agree Telegram & Discord you get to have direct communication with the Devs however ask yourself what type of communications are happening there? If its technical communication where users followers in those telegram & discord groups where the users are in it for the technology or love the tech in that project discussing technical stuff with the devs then thats fine. However if its not tech users discussing and instead retail investors with no technical knowledge in the project and all they discuss about is price speculation in telegram and discord then that's a red flag correct? [moderator's note: consecutive posts merged] |
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Chilliz & Sushi are 2 example of altcoins in the top 100 that both have huge twitter followers but 0 no presence on Reddit. How old are these altcoins? It is nice that you mentioned a couple of examples purportedly supporting your speculation. For Chiliz (CHZ), here is their Reddit account: https://www.reddit.com/r/chiliZ/. It has more than 27,000 members and their community is created on Apr 24, 2018. For SushiSwap (Sushi), here is theirs: https://www.reddit.com/r/SushiSwap/. The community has 8,700 members. It was created on Aug 29, 2020. Telegram & Discord are both private encrypted messaging where scammers can scam victims cause its private and nobody can see it publicly on record what's been said or what's going on correct? Anybody can divulge what is being discussed through PM. Moreover, Telegram and Discord are not exclusively for two persons privately communicating. Channels are public, not private. Every message could be read by the hundreds or thousands or tens of thousands of members. And anybody could freely enter most channels. Crypto & decentralization means it has to have a huge following of people somewhere unless its new. If it is decentralized then there must be loads of public people or a group somewhere on a social presence to vote what happens next for a project unless its centralized private right? I'm afraid this is not what decentralization in crypto means. So without reddit social presence unless new then that is a red flag warning right? That's basically hasty generalization. And that's fallacious. Oh okay, according to coinmarketcap & coingecko it states these projects have no presence on Reddit. Are those reddit communities the official ones for these projects or created by fans of the project? The SQUID Game token had huge followers & users on Both Discord & Telegram but I believe no presence on either twitter or reddit correct? When I say publicly viewable records I mean anyone can view what's been said or what's happening in communities on any device that has a internet connection without the need to download an app or register to log in to view. With reddit this is possible.
Hi,
If a established altcoin within the top 100 ranking on coinmarketcap that still does not have social presence on reddit but on twitter then what does this indicate?
Socials on Discord and Telegram cant be taken seriously because these socials are private not public ideal for scammers correct?
Telegram groups are very important for coin developers, or for those who already have coins in the exchange with a top 100 rating. Investors will of course discuss there about the future targets of the crypto being developed. While twitter is only for those who want to express their sensations. There are no scammers in Telegram which are strictly controlled by the admin. The Binance telegram group has 200k members, every day 20k active people who are constantly discussing the future of crypto. Can you get kicked out by a moderator or admin on telegram or be muted or whatever? If so there must be a admin or mod.
Hi,
If a established altcoin within the top 100 ranking on coinmarketcap that still does not have social presence on reddit but on twitter then what does this indicate?
Socials on Discord and Telegram cant be taken seriously because these socials are private not public ideal for scammers correct?
Actually, I am used to thinking that altcoins that are included in top-100 on coinmarketcap are really worthy, so I follow the strategy of investing in such not very popular altcoins with good fundamentals from this table, so maybe the coin you have come across will be a new gem that is not very popular now, so you had better do a closer research. I'm talking about altcoins & tokens that are older than a year within the top 100 ranking. It is highly unlikely for a coin or project that is newly released to have good socials presence with huge followers straight away or be in the top 100 rank unless its pumped straight away. [moderator's note: consecutive posts merged] |
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There is an explanative article about Blind Signing by Ledger, but yea, it is from Ledger, so there's some marketing in the article. Though, I believe it will give you a scatch of the surface about Blind Signing. Here is the link: Crypto’s Greatest Weakness? Blind Signing, ExplainedJust to clarify hardware wallets eliminates blind signing risks? If so that means all transactions and signing contracts outside the hardware wallet involves blind signing risk? I'm sure most of de-fi users are not hardware wallet owners or are they to prevent blind signing risks? |
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Okay coming back here to discuss lightning network for Bitcoin? Can lighting network offer smart contracts on bitcoin? If so then why isn't there a lightning network LN Token or Coin that btc users buy to use the lightning facilities? There's a Polygon Matic Token for Ethereum that Eth users must buy to use Polygon facilities |
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If a established altcoin within the top 100 ranking on coinmarketcap that still does not have social presence on reddit but on twitter then what does this indicate? It indicates nothing special really. It simply means it hasn't reached Reddit yet, which could mean its community is focused somewhere else. But since it has already reached the top 100 on CMC, then perhaps it could mean Reddit means nothing in the success of an altcoin. Socials on Discord and Telegram cant be taken seriously because these socials are private not public ideal for scammers correct? What exactly do you mean? Scams are existing, in fact rampant, in both Discord and Telegram. And it is not whether a project is on Discord or Telegram that it will be taken seriously or not. It is about the project itself. Chilliz & Sushi are 2 example of altcoins in the top 100 that both have huge twitter followers but 0 no presence on Reddit. How old are these altcoins? If a person or hodler tweets on their twitter page then their admin/moderator for that page approves that tweet before publishing it for public viewing correct? In reddit anyone can post anything in altcoins subreddits as long it doesn't violate the moderators rules so its more public/transparent than twitter right? Telegram & Discord are both private encrypted messaging where scammers can scam victims cause its private and nobody can see it publicly on record what's been said or what's going on correct? Crypto & decentralization means it has to have a huge following of people somewhere unless its new. If it is decentralized then there must be loads of public people or a group somewhere on a social presence to vote what happens next for a project unless its centralized private right? Heck there's even reddit group on 'Satanic Worship'. There's reddit groups and communities for everything so a scam on the reddit community can be picked up easily and in advance warning right? So without reddit social presence unless new then that is a red flag warning right? It just means that the project's community is small enough to have little to no presence on Reddit. It could potentially mean that the coin/token's distribution is bad and there are a few holders with really large percentage holdings, or something like that.
I gave 2 examples earlier of Chilliz and Sushi within the the top 100 crypto rankings. So thousands in a reddit community or group indicates the altcoin circulating supply is not mostly held by whales or Venture capitalists? It means nothing because for starters the ranking itself means nothing since it is based on market cap and we already know market cap is a meaningless characteristic. Besides most of the altcoins are pump and dumping and they don't even need any social media presence, all they need is good pumping teams to pick it up from time to time and pump the shit out of it.
I thought market cap is more important than a altcoin price. Where do these pumping teams meet mostly? As for me, ranking No 100 on coinmarketcap, simply means such coin is a good coin, with a good project and good backup team/community. Because it will only take a good project to have such rank. But for the fact of it not having a social presence on Reddit, I see nothing wrong with that, because it's still 95% of the people on Twitter that are also on Reddit.
Because as long as the coin is known to offer great value to the community, such coin is ok.
So that's my view.
Thank you.🙏🙏
Its maintaining that within the top 100 ranking during bear markets decides whether its a good coin or not unless it gets flipped by newer trendy coins released in the future. When you say offer great value to the community, what community? Just the alt twitter community? And can the alt twitter community freely have discussions within the community like reddit? If a established altcoin within the top 100 ranking on coinmarketcap that still does not have social presence on reddit but on twitter then what does this indicate?
Social presence... Apart from the coins that really have some userbase and have some real usage have you seen a coin that has a real presence, other than posting a few banners every day and buying tweets and likes and shares? Look at all those shitcoins that run bounties here and reards you with useless tokens for tweets and posts, the moment the bounty is gone their whole social media presence drops like a stone. Even for the top 20, if you have over 100k followers but you can't manage to break over 30-40 comments or 100 interactions per post it tells you something is fishy about it. When it comes to Reddit it gets complicated for shitcoins, you simply can't buy comments as cheap as you do likes, you can't start discussions over discussions about the same stuff, so it's very easy to spot when there is no actual interest and there is no community. Look at terra or avalanche, they barely manage to have one or two comments longer than "moon now" "wow" such jump" per post and that's it! You mean banners on twitter and buying likes and shares on there? How do you buy likes & shares on twitter, is it through bounty rewards like you mentioned? What if the scammers have unlimited bounty and unlimited pre-mined coins to reward their victims not knowing they are being played to promote their scam coin? You mean look at Terra or Avalanche on Reddit? As for me, ranking No 100 on coinmarketcap, simply means such coin is a good coin, with a good project and good backup team/community. Because it will only take a good project to have such rank. But for the fact of it not having a social presence on Reddit, I see nothing wrong with that, because it's still 95% of the people on Twitter that are also on Reddit.
Quick reminder that BitConnect used to be somewhere in the top 20. And right now, we still have XRP, dog coins, LTC, BCH, in the top 20. And the more you go down the more useless crap you see. You're totally underestimating how much various ways of manipulation a project can do to easily end up in the top 100. What other various manipulating ways a scam coin can do to get in the top 20 apart from social media manipulation? If XRP wins the case against the SEC then it will automatically give them credibility and trust to millions out there regardless if it is a scam coin or not. If XRP wins case and afterwards scams its holders then the SEC has a lot of answering to do for the angry ripple xrp holders. XRP ripple have a huge following called the xrp army on all social media. Even if they get scammed they will still fight for XRP ripple cause of their belief system like followers having a belief system for a religion for example. If it is proven that a certain verse or script from a holy scripture or holy book is proven wrong scientifically believers of that faith will still defend it If a established altcoin within the top 100 ranking on coinmarketcap that still does not have social presence on reddit but on twitter then what does this indicate?
1. How do you measure whether an altcoin is established or not? 2. Without additional information, we only can say owner of that altcoin mainly use twitter and doesn't use reddit. 3. Token such as SHIB also within the top 100 on coinmarketcap. Socials on Discord and Telegram cant be taken seriously because these socials are private not public ideal for scammers correct?
Scammer exist on both public and private space. No matter what social media/platform you use, you should think carefully what you read and do additional research if needed. When I say established I mean a coin that is not new and is over a year old. Shiba Inu has a huge reddit community of nearly half a million followers. Surely if shiba inu was a scam then at least 1 redditor in that half a million shib group would have sniffed out a scam and warn everyone in that group by posting in there. Your more likely to be scammed in a private platform than a public platform cause public is visible to everyone and scammers get caught easily this way. |
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What about Helium HNT guys?
I'm very interested in HNT mining. They only problem is. There are no hotspots near me. Only 1 at 10km away. And the delivery times are going nuts. I don't want to buy something and get it delivered in 3 or 4 months. Maybe the crypro is crashing by that time. How do I check and see hotspots near me? How you know delivery is 3-4 months for what device?
What about Helium HNT guys?
Are you also from this sect? https://bitcointalk.org/index.php?topic=5370304.0Helium news is constantly published in this section, but I think that this has nothing to do with classic mining. You can try, and then share your feedback with us, maybe miners will start doing the same after the end of Ethereum mining. I don't care what mining it is whether its classic or whatever. Then you need to study this site and order mining equipment https://www.helium.com/mineI don’t want to buy hardware for mining one coin only. Each miner chooses equipment based on his experience and capabilities. I'd rather buy a new video card and put it in a mining farm, because I understand how it works. Just to confirm helium mining equipment doesn't use that much electricity correct? Video cards in a mining farm use a lot of electricity right? [moderator's note: consecutive posts merged] |
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