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1001  Economy / Scam Accusations / Re: [Warning] FiftyOnePercent TradeBot is malware. ANN is self-Moderated on: September 23, 2023, 03:53:21 AM
Thanks for the warning. I thought that posting the code publicly might be a positive for trust, as the code will be reviewed and of course if there is a problem it will be discovered, but it seems that the scammers are relying on people being lazy and will not check the code.
self-moderated ANNs detected them, but it is better to avoid installing such open source software without searching for who checked the code.
1002  Bitcoin / Legal / Binance, U.S. Affiliate, Changpeng 'CZ' Zhao filed to dismiss a (SEC) lawsuit on: September 22, 2023, 09:01:16 AM
Quote
The SEC sued Binance, Zhao and Binance.US in June, alleging they illegally listed unregistered securities in the form of several cryptocurrencies for trading and investment by U.S. investors.

"The SEC recently brought several enforcement actions – including this action – premised on its new position that virtually all crypto assets, and virtually all cryptoasset transactions, are securities," one of the filings said.

The agency was defining the term "investment contract" too broadly, one of the filings said.


Binance, Binance.US and Changpeng Zhao filed to dismiss a Securities and Exchange Commission (SEC) lawsuit Thursday, claiming the regulator hadn't "plausibly alleged" various securities-related violations, and that it was seeking to encompass digital assets under its authority despite Congress not explicitly spelling that out in legislation.

https://www.coindesk.com/policy/2023/09/22/binance-us-affiliate-changpeng-cz-zhao-file-to-dismiss-sec-lawsuit/


The recent victories have emboldened those who want to put pressure on the SEC and generated strong arguments for what is known as "major questions doctrine," which could lead Congress to perhaps limit the SEC’s reach, or at least reduce its restrictions.
I believe that if these lawsuits continue and more are successful, the SEC will be less cautious in similar cases such as ETFs
1003  Alternate cryptocurrencies / Speculation (Altcoins) / Re: LAYER 2 projects to HOLD waiting for the next uptrend of the cryptocurrency. on: September 22, 2023, 08:46:05 AM
The L2 bet is based on the fact that gas prices will rise insanely and this will make investors prefer it, but if Ethereum transaction fees continue to be reasonable and the number of transactions being confirmed increases quickly, I do not expect these projects to rise in the coming years.
If you want to reduce losses, invest in Ethereum. If it succeeds and prices continue at low limits and quick confirmations, the price will rise and you will have made profits, and if a problem occurs, L2 prices will rise. Here, all of polygon (MATIC) and Arbitrum (ARB) are two good options.
1004  Economy / Trading Discussion / Re: The best Bitcoin price tracker website on: September 22, 2023, 08:28:24 AM
Almost all sites are similar, but they differ in the sources of data and how they are analyzed and presented, but if you are looking for a site that contains the largest possible number of cryptocurrencies, or almost all of them, with an attempt to verify the accuracy of the data, then https://www.coingecko.com is the site you are looking for.
If you want more accurate analyzes or strategies, they are available for a few cryptocurrency pairs and here is tradingview.

It is not the best Bitcoin price tracker, but it is the most comprehensive.
1005  Bitcoin / Bitcoin Discussion / Re: A Bug or Fat Finger Reason for the Bitcoin’s 87% Drop in 2021 on: September 22, 2023, 08:05:39 AM
I have seen such errors about 3 times, and I remember that such extreme trading values occurred for several seconds, and you will find a few who benefited from them, as I remember a story of a person who bought Bitcoin at a price of 2000 dollars while its price was far from that. Such events do not cause losses. It is a big deal for the platform, which is easy to compensate for, or it could be an opportunity for some to evade paying a tax, but it is a rare occurrence and does not occur in a manner that would cause huge losses to the platform or lead to them being accused of tampering.
1006  Economy / Economics / Shipping container prices on: September 22, 2023, 07:41:21 AM
Shipping container prices have been declining since the beginning of the year to return to pre-pandemic levels, and the news says that some containers are being loaded empty, as shipping companies do not want to sail with a small load of containers. Is this a good indicator or does it indicate economic problems or oil and energy prices.

1007  Alternate cryptocurrencies / Altcoin Discussion / Re: Balancer frontend is being attacked on: September 22, 2023, 07:24:40 AM
DNS attack is an age-old method for a scammer to attack their victim. This is not the first time cryptocurrency platforms have been targeted for DNS attacks, certainly due to the nature of how the money is easily involved in the user process of website usage it became a lucrative target. This also reminds us of how not decentralized defi is.

I agree with you that defi is not that decentralized but what happened here was a DNS attack and the smart contract has nothing to do with this topic, if anything indicates limited experience or that some of them tried to exploit this vulnerability.

Each party here will blame the other party and the truth will disappear between them, but it is a sufficient signal to stop using this service.
1008  Alternate cryptocurrencies / Altcoin Discussion / Re: Google Play updates its policies permitting blockchain games and apps on: September 22, 2023, 06:45:49 AM
It is clear that they do not have a problem with NFTs, but rather with gambling, so the policy included many provisions related to clarifying this publicly, but I see that NFTs were a wave and will turn into a natural event like ICOs. It is true that they will continue with us, but they will not be with the same hype that occurred in the past, so I hope we don't see annoying ads.

I am not an expert in such things, but I wonder if these games are famous and what are the most famous ones, or if they are part of games that already exist.
1009  Economy / Trading Discussion / Re: BUSD users will be able to convert Busd to other stablecoins until February 2024 on: September 22, 2023, 06:24:44 AM
Currently the BUSD was good coin,the stable coin was listed against the BUSD and USDT.Since the BUSD can be convert to USDT without any loss,the trader can convert their holding BUSD to USDT.So they can buy the stable coin using the BUSD and convert to all the stable coin.The stable coin only give huge return to the trader in long run.Since the BUSD itself the good coin,many traders holding BUSD compared to the ETH,BTC.If the new US government had made the law in favour of cryptocurrency in 2024,the cryptocurrency will rule this world.
I do not think this is a good thing. You have until February 2024 before binance lifts full responsibility for this currency, which is about 5 months, and by then its price may be less than $1. Therefore, if you have any of them, start selling now. The trading pairs for this currency have become much lower. Which means that demand will decrease, and this means it is impossible to maintain the price of one dollar in the future or at any time after February 2024.
1010  Economy / Trading Discussion / Re: [AI analysis] BTC Price Stats on: September 22, 2023, 06:08:14 AM
To find candidate similar charts, we have to use AI which calculate similarity degree between two charts.
Charts are digital data, but they are represented in charts to be easier to display. However, computers understand the data and can easily compare it without the need for artificial intelligence.
Artificial intelligence is developed to improve prediction data when the available data is limited or cannot be obtained, and therefore we resort to guessing values, but what you have done does not require artificial intelligence.
1011  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Are new altcoins being too risky? Current market trend on: September 21, 2023, 07:17:57 AM
You are the one who determines the amount of risk you want to be exposed to according to your investment strategy. If you want a low-risk, long-term investment, then investing in Bitcoin is your only option, but some people want to take more risks according to perceptions such as the possibility that the currency will rise due to some event, then trading or investing is for a day to A month, during which when profits are achieved, the capital or capital and profits are withdrawn.
The strategy determines the standard of risk and the rate of exposure to it.
1012  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Comparison between the Year vs Criteria of the Airdrops on: September 21, 2023, 07:01:33 AM
Airdrops are a game of chance. It is an unconventional way of marketing, which is that a good service spreads rumors that there is an airdrop. If the market moves, it does that airdrop according to certain conditions. Otherwise, these rumors will remain rumors. Many advertise airdrops are services looking for free promotion. You may be one of the lucky ones who received this free money, but the more people know about airdrops, the more complex the conditions are or the smaller the amount received. there are fewer profits from this method every year, and it is almost impossible to repeat the profits of 2018-2020.
1013  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How did Ripple (XRP) become so popular and blow up in price? on: September 21, 2023, 06:54:43 AM
You mentioned the lowest price of the currency and the highest price of the currency, but there is no guarantee that XRP will be able to return to those levels $0.0029438 to $3.84.
It is true that there is a limit to the currency, but since it is centralized, there is nothing preventing them from printing more currencies.

The reason for its high position is that the classification depends on market capacity, which is a useless measure and is not important or does not express whether the cryptocurrency is a good investment or not.

It is good because it provides cheap transactions, instant confirmations, and centralization, it may be a good option for banks and banking systems.


XRP is still popular these days it's because of the SEC case that they've won and that's why it's still in the top list of the market.
I don't think anyone would have noticed the SEC case if its price had not risen or had this market capacity. I think it is closer to Dogecoin, which everyone will be silent when it does not start rising.
1014  Bitcoin / Bitcoin Discussion / Re: Securing your digital assets on: September 21, 2023, 05:26:37 AM
1. Avoid visiting sites with low trust score and security warnings. These security warnings are usually displayed in your browser.
Avoid visiting any website that you do not trust. Try to reduce the number of websites you visit and always make sure that they are correct and do not give permissions or download programs/applications.


2. Use secure browsers like;
    BRAVE which you can get from their official page   
    https://brave.com/
BRAVE browser is spammy browser and donot use associated wallet to store cryptocurrencies.

Here are some official pages of some of the most secure and popular wallet softwares
Always check the signatures associated when downloading the program because sometimes the front end may be hacked.
1015  Bitcoin / Bitcoin Discussion / Re: What really is affected by hard fork? on: September 21, 2023, 05:18:53 AM
The coin mined will be different, starting from the block height the hard fork occur.
Any block mined after block 500000, the blockchain B will begin its own chain with its own protocol, although having the old blockchain in its history.
The new protocol could include an increase or decrease in coins before the hardfork, such as eCash hardforked at block 661648
Where 1 (BCH) = 1,000,000 eCash (XEC) or manipulating the total number of currencies or canceling mined currencies as happened in March 2013.
The new change can include anything, and the old currencies can be considered invalid but they do this to create some demand for the new currency.
1016  Alternate cryptocurrencies / Altcoin Discussion / Re: Could SocialFi be the new trend in crypto? on: September 21, 2023, 04:58:03 AM
Do you think SocialFi can be the new trend in crypto? What are the centralized or decentralized projects that will succeed?

My opinion is that the technology is still in its infancy and is not sufficiently tested to be reliable and scalable.

https://coin-score.ai/articles/could-socialfi-be-the-new-trend-in-crypto/
Never heard of it. Are you trying to promote them or your article, or are you looking for honest reviews because this is not a project that is highlighted for free? Merging social media with decentralized finance (DeFi) is a bad idea because social media requires some kind of conditions of use and the ability to delete data, which are things that are not available in the blockchain. It also requires hundreds of terabytes every week, and blocks are mined in megabytes.

the idea was not explained well enough, and suddenly they moved on because they wanted to create NFTs. It is a project to collect vocabulary that is repeated frequently, and it is not a project that has a future.
1017  Economy / Trading Discussion / Re: How to do a better Macro, micro Economic Research on: September 21, 2023, 04:03:02 AM
Can you really get profitable results analysing market and trading it? That may not be easy to do. To use the micro and macro economic indices may confuse you more. I think you will get more volatility in cryptocurrency if a major news happen in the market.
Everyone who trades now aims to make a profit, whether it is a quick profit or a temporary profit, but the strategy differs according to the level of risk, the assets, the nature of the investment and the ultimate goal. Whoever wants to diversify his investment portfolio differs from whoever wants to take risks in high-risk investments such as the derivatives market.
The exposure of cryptocurrencies to macroeconomic indicators is not clear, and Bitcoin is almost the only one affected by this, given that it has uses outside of trading within platforms, but since the price of cryptocurrencies is linked to Bitcoin, it appears as if it is affected by the macroeconomics.

Quote
example the XRP court case caused some hype in the market last few months ago, the news on whales dumping their coins may also get investors reaction but to research on micro and macro economic indices may confuse you.

The court ruling on XRP has nothing to do with affecting the price. the court ruling restored the possibility of trading in it again, and thus speculators bet on an increase in the price, since everyone knows XRP and there is a possibility of increasing demand for it, and the court has no influence on the price here.
1018  Alternate cryptocurrencies / Altcoin Discussion / Re: Balancer frontend is being attacked on: September 21, 2023, 03:52:00 AM
This is an issue that the service should think about. Digital security. Currently, many similar services have been hacked. The cryptocurrency network is decentralized, which means that if digital security related to user data or transaction security can still be hacked, then people's trust in the service will decrease drastically. I haven't used the Balancer defi protocol since I've been using uniswap but I think this should be a serious concern for any DeFi protocol developer.
The hack here was not for the smart contract, but rather for the service URL, where the front-end was hacked. when you click on the link, you do not reach the real site, but rather directly to the scammer’s URL, who may ask you for your data, link your wallet, or even seeds.

Decentralized smart contracts cannot be hacked, but the bridges can be manipulated so that all deposits are withdrawn to the scammer’s address, and then some assets are recovered by freezing or tracking them.

@cryptoaddictchie. On Lazarus of North Korea, I am quite certain anything can be blamed on them by the DOJ or another department to force another executive order very much similar to how the DOJ implied that North Korean hackers were using Tornado Cash to launder their tokens.

I would not be shocked if the official news reported the involvement of Lazarus, however, I would also not be shocked if it was not true hehehe.

If Lazarus of North Korea can did this, then they most likely have the capabilities to hack large companies, but I think that mentioning their name in the reports is due to their management of several mixers. These mixers hide the trace of these hackers and some money laundering services.
1019  Alternate cryptocurrencies / Altcoin Discussion / Re: Balancer frontend is being attacked on: September 20, 2023, 09:13:40 AM
I see they posted a $2 million bounty for discovering bugs but I doubt they would pay hackers to discover these bugs, and oddly enough there is no way to ensure that you are interacting correctly with the service's smart contracts.
These services need to seriously consider their investment in customer security more than interface development and marketing, which seems to be their focus. I saw that there is an amount of $238,000. Is this service popular for daily trading of these amounts? Where is the platform team for not tracking such vulnerabilities.
1020  Economy / Trading Discussion / Re: To Deal with Resistance and Support on: September 20, 2023, 09:04:47 AM
LESSON 1: Resistance or Support Level may not hold due to the fact that the market is influence by other factors which revolves around economics, politics, natural disasters, wars, interest etc. So use resistance and support alongside other technical and fundamental tools.

resistance or support level may persist due to the psychological impact of prices. Traders influence the price, most of them try to take profits near the resistance level, where the bet is on a decline in the price and vice versa, and since the market sentiment is the same and there is not enough volume, the market will follow the same pattern.
We cannot ignore psychological factors when put resistance levels, in addition to the effect of averages.

LESSON 2: The best time frame to draw Resistance or Support Level is the time frame that is suitable to your trading pattern or style. Read the simple guide below;
It is a confirmatory measure alongside other measures and not a single measure, so setting the time frame is determined within your trading strategy.
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