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1021  Alternate cryptocurrencies / Altcoin Discussion / Re: May I ask, how can I securely store USDT, USDC, DAI? on: September 20, 2023, 08:46:17 AM
If you can buy a hardware wallet, do it. Trezor is a good option if you can afford its price.
There is no perfect open source wallet that offers you all of these options, but there is a combination of them.
The NEW wallet provides you with the ability to store USDT DAI USDC on the Ethereum and Matic blockchains.
USDT TRC20 can be stored in tron-wallet but I prefer USDT over Matic


Links:

https://github.com/topics/tron-wallet
https://www.myetherwallet.com/


I ask GhatGPT, and the reply is:
        However, despite the core code of Trezor being open-source, the hardware itself may contain proprietary components or chips that are not fully open. The functionality and code of these proprietary components may not be subject to public scrutiny. This means that even though the core code of Trezor is open-source, it is very difficult to completely ascertain the absence of backdoors on the hardware.


Do not take financial advice or it may lead you to lose your money from GhatGPT.
1022  Economy / Trading Discussion / Re: How to do a better Macro, micro Economic Research on: September 20, 2023, 08:31:06 AM
Focus on Bitcoin because it has a significant market value and moves away from the influence of altcoin, which, on the contrary, are greatly affected by the price of Bitcoin and their price changes according to the change in the price of Bitcoin.
In Bitcoin, you need to study the basics of technical analysis, reading price charts, and how economic decisions affect the price of Bitcoin, as raising interest rates relates to curbing the rise in the price of Bitcoin, and the relationship between them and inflation. If your foundation in economics is good, studying these things does not require a lot of time. Start now and you will complete them before The end of the year, and if you have knowledge of these basics, all you have to do is try to develop a strategy through which you know the price effect.
1023  Economy / Trading Discussion / Re: [AI analysis] BTC Price Stats on: September 20, 2023, 08:11:39 AM
The momentum may have moved but we still have difficulty knowing whether it is just temporary momentum or sustainable momentum to break through the next barrier. Maybe we must be careful for today and tomorrow because we are now at the weekend where there is usually a correction.

Right now, the price looks somewhat stable so there is a possibility that it will decline again but let's hope that doesn't happen. But it could be a downturn if negative news is released that forces Bitcoin prices to decline again.

If you look at the movement of the line, it looks like there will be a decline but the extent of the decline is still difficult to know. Breaking through the price of $30k still seems difficult to achieve because, at least, Bitcoin must stay above $27k for a while. And the important thing is that we are ready for what happens next.
Exceeding the price of $30k is not the problem because we had approached prices of $31k several weeks ago, but the movement towards $30k has become more difficult. Note that we have become difficult to move between 26k and 27k This slow decline will not lead to breaking the $28.5k barrier, let alone $32k. One thousand dollars, so the price will soon lose momentum and decline to $25k.
The continuation of the price above $25K is an indication that even people who have been holding Bitcoin for a long time are still making a profit.


Image source
1024  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Want to covert 7$ worth of BTC into XMR on: September 20, 2023, 07:13:14 AM
I have 7$ worth of btc in electrum and i need to get XMR for that. What is the cheapest way to do and best site for this ?

If you have not made the transaction or for anyone who sees this post in the future, you will find a list of all the links here https://www.bestchange.com/bitcoin-to-monero.html where you can search for comments regarding the platforms, and choose the best one according to price, trust, or available balance.
What is excellent about this list is that it is renewed and monitored every period, so it is better than personal reviews that may vary after several months.
1025  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: How Tokenization Can Revolutionize the Global Economy 💸 on: September 20, 2023, 06:45:12 AM
You was very biased in presenting the importance of tokenization without showing cons. If you want an unbiased evaluation, mention pros and cons.
cons of tokenization:

  • Possibility of hacking: It is true that after token is transferred to the blockchain, it becomes difficult to hack it, but the tokenization process requires a bridge, and these bridges can easily be hacked and money stolen from them.

    tokenization of assets:
  • It is difficult to tokenize physical assets and it is not possible to guarantee that this commodity is original to be relied upon, so tokenization is for digital assets.
  • Need for legislation: Without legislative systems, more tokens may be printed than the originals, which may cause panic selling of tokens.
  • Converting tokens into cryptocurrencies: You need sufficient liquidity for exchange, which is not often available.
1026  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Exploring the Future of Finance with Wrapped Assets in DeFi on: September 20, 2023, 06:33:08 AM
Tho in some cases that wrapped token can be helpful but yeah most people still don't believe it including me as well if the wrapped version of the token is not transparent or they using some algorithm-wrapped version like UST that fails Luna

I believe that this industry is based on belief in the asset and provides liquidity more than it is a guarantee because there is 1:1 for every Wrapped Assets, or I can say that if the market is in a state of liquidity and everyone wants to buy and sell, then these assets will be safe, and if the market turns to the red color or panic begins, then you should Sell them immediately, as in the absence of liquidity, it will be easy to notice that there are more Wrapped Assets than deposited Bitcoin or Ethereum, and the bridge owners will not be able to fulfill the obligations.

This is a solution for those who have no choice but to use it, but in any case, stay away from it when the market is red.
1027  Bitcoin / Bitcoin Discussion / Re: Some Countries living behind their century, taking a back sit on BTC evolution. on: September 16, 2023, 04:00:37 AM
Bangladesh, Domican Republic,  Bolivia, Nepal, Ghana,  Algeria and a host of other nations seems not to understand the times and seasons as regards world changing currency BTC, despite being accepted in most part of the world.
I read somewhere here about Bangladesh and Algeria, both of them ban Bitcoin, but it does not seem that anyone has been imprisoned because of Bitcoin, and we can say that this ban is closer because taxes are zero and you do not need to report them to the authorities, and here I do not encourage doing any illegal work, but I say: Do not spend coins until they are legal.

Countries around the world will adopt Bitcoin after it succeeds, which means we have to wait a little.
1028  Bitcoin / Bitcoin Discussion / Re: If only property I have is bitcoin on: September 16, 2023, 03:36:02 AM
You can write it in a will and tell them not to open it until after your death, thus ensuring that they are the ones who will receive it after your death. I do not know whether you have laws for distributing inheritance in your country, but in my country, if you leave a will with a distribution to a specific person, it will go to him. Otherwise, the laws will govern how this money is spent. Don't think too much about death because I think it comes suddenly when our position is that you will not die. Be patient and try to enjoy the money you have collected.
1029  Economy / Service Discussion / Re: Bitcoin mixer Pre-Development discussion on: September 16, 2023, 03:20:48 AM
You will face a liquidity problem, as you must be good at estimating the expected liquidity or have a lot of bitcoin that were mixed some time ago and not rely on deposits alone.

How will I withdraw his coins? Will you give me a private key, or give the option to withdraw to more than one address?

No one can estimate the appropriate fees until you have worked for several months. Make it free first and bear these losses. After several months, calculate the average operating costs + advertising campaigns + network fees, from them you will decide the appropriate fees and whether you will continue or not.
1030  Economy / Trading Discussion / Re: [AI analysis] BTC Price Stats on: September 16, 2023, 03:09:57 AM
That is just a candle sticks actually and not a real analysis.
You can’t still depend on that Ai generated trading analysis, it is not complete and too risky to follow. I agree that its better to analyze on your own since AI still can’t have a more comprehensive analysis when it comes to trading. Well, many might still try this especially those who are thought to make easy money in trading.
Even the recommendations he made are not accurate. He did the opposite, as if the price reached 27777, it would most likely break the resistance, which means the possibility of testing 30,000 and vice versa. The price momentum has begun to move, but I do not know what level it will reach. We hope that it will break the next barrier, although I think that the slowdown in the rise indicates that correction is coming.
1031  Other / Beginners & Help / Re: Interview questions on Bitcoin for newbies. on: September 15, 2023, 11:17:39 AM
I read the questions and answers at the link I provided, and the article was written by a person who has little experience with Bitcoin and encryption, and some of the answers are incorrect.

Quote
Large volumes are generally quickly authenticated rather than smaller transactions.

This is not true. Confirmation of Bitcoin transactions is not given priority based on their volumes, but rather on the fees paid. The higher they are, the greater their chance of being included in the next block. Sometimes the fee for sending a million dollars in Bitcoin is equal to $1, and sending $10 costs $2.

Quote
Funds that haven’ to been authenticated by miner are known as unconfirmed transaction and goes back into the sender’s wallet.

Generally, it doesn’t happen. It takes 10 minutes for authentication only. In some cases where there is extreme traffic, it has been reported to lasting even for 1 hr.
This is not true. After signing the transaction, it is broadcast to mempool of the contract. This mempool is the place from which the miner takes the transactions to include them in the block after mining the block. As long as you continue broadcasting the transaction, it will be confirmed, but it will not return to your wallet after an hour.

Quote
They help to keep the security system clean and keep the brand from earning any dubious distinction. It also minimizes the chances of double-spending of Bitcoins.

there is no relationship between Full Node and minimizes the chances of double-spending

All answers require revision.
1032  Economy / Exchanges / Re: [ANN] NonKyc.io - Embrace Privacy and Security in Cryptocurrency Trading on: September 15, 2023, 10:53:16 AM
If you did your own research, you don't have to ask. yesterday we posted our Zealy Quest, so your answer here we got in the mail, otherwise, we did not even notice it..

https://t.me/nonkycupdatechannel/20

And we don't ignore, we are not very active on this platform. we use telegram, Discord, and our own Ticket system.

If you want to avoid us, please do so.
I understand that you are busy, but at least you were asked here,  take some of your time to answer here or quote the answer from Telegram. The advantage of this forum is that it is archived on Google and that it is available to everyone without logging in. When searching for your domain name on Google, followers will find the ANN link, and replies here cannot be deleted so it is trusted.
1033  Economy / Exchanges / Re: Coinex hacked, $54M stolen on: September 15, 2023, 09:45:17 AM

Can someone tell me if these "hot wallet private keys" are just saved on their platform's server, i mean on their hosting servers for them to control the withdrawal on their user's daily withdrawal, then just replenish the addresses if it lacks balance on it. Because if its the case then it'a easy much easier for hacker to compromised such thing.
The deposits and withdrawals system usually has a separate server where the private keys are placed here. From there, the main system sends it a list of addresses for the amount to be withdrawn, and the deposits and withdrawals system carries out that, ensuring that there is a sufficient balance for withdrawals, and transferring any excess balance to cold storage.

Hackers can steal money in two ways: either by accessing the servers of the deposits and withdrawals system, that is, accessing the private keys and withdrawing currencies, or by manipulating the basic system so that the deposits and withdrawals system sends a withdrawal order for a specific amount to the hackers’ address.

I do not know how the hack occurred, if it was to the system of deposits and withdrawals, then in most cases after restoring the system, users will be asked to stop using the old addresses, but if it is in the basic system, then in most cases users will not be asked.
1034  Economy / Exchanges / Re: [ANN] NonKyc.io - Embrace Privacy and Security in Cryptocurrency Trading on: September 15, 2023, 09:21:10 AM
🚀 Join the Zealy Movement with NonKYC.io! 🚀
Ignoring the answer to users’ questions is not a good sign. There are questions raised, such as your saying that the site was designed from scratch, yet it looks similar to https://xeggex.com. There are some restrictions imposed on age, which rat03gopoh mentioned, which cannot be known except by verifying the identity. Lack of clarity on basic questions like this means you want people to avoid using your site.
1035  Bitcoin / Project Development / Re: Web3 Growth Hub | Unlock Your Explosive Growth with TokenMinds on: September 15, 2023, 09:04:38 AM
I have not heard of you before. Adding links to Web3 projects that you have successfully developed will help a lot, and adding free offers or options for trusted members. $50 per million is considered a small amount. Is this million guaranteed and from real followers or is it a million views or what?

There are many token projects here, they offer Bounty offers. You can contact them, but they only pay using project tokens.
1036  Economy / Economics / Re: Economics is not fulfilling its true potential as a science on: September 15, 2023, 08:18:10 AM
Saying something and developing theories is something that implementing them in reality may differ a lot. Reality may give different results to economic perceptions. Therefore, economics provides impact work, monitors indicators and develops them to know whether the impact is successful or needs to be modified, and so on. There is no rigid idea in the economy and all the economies of the world now are not capitalist. Completely or completely communist, and some are a mixture of the two to suit the economic situation of a country, and what may suit this country may not suit the rest of the countries.
The United States is trying to put its people and the US dollar first, so it is taking all measures to make this possible, which may lead to harm to some other countries and peoples, but this does not mean the failure of politics because those countries are not concerned with it.
1037  Economy / Trading Discussion / Re: Why BTC react its price in the market in terms of Increase and Decrease value? on: September 15, 2023, 07:55:37 AM
The connection between the price of Bitcoin and the interest rate curve is understandable due to the impact of interest rates on the ability of individuals, entities, and countries to access sufficient liquidity, and with there being no horizon for the price of Bitcoin to rise in the foreseeable future and the lack of risks in banking systems, many prefer to obtain interest instead of investing or buying Bitcoin, but the correlation Between Bitcoin and the price of the dollar, research: If the price of the dollar decreases, the price of Bitcoin will increase, which is illogical because the price of the dollar moves in a narrow range and within a maximum of 5% per day, while the forces of supply and demand control the price of Bitcoin, which may move the price by more than that.
1038  Economy / Trading Discussion / Re: Best Indicator for Trading in Stock Market on: September 15, 2023, 07:33:18 AM

Whether we do deal up with forex or crypto market on which it would really be just the same on what are the indicators or tools would be using which it would really be that common in MT4 or MT5 platforms or charts.
Profitability would really be always mattering on several factors or conditions which is that mixing a bit of luck.  Wink
The tools are the same, but the data that is read is slightly different, so you have to consider the crypto markets as if they are something new, otherwise it may lead you to losses.
Bitcoin analysis depends on the open market and the changes that can occur at any minute with a certain limit to trading volumes and liquidity, which pressure the price in a specific direction or may lead to a rise outside a specific direction.
In Forex, we have limits to what market makers can do, so leverage and profit-enhancing tools come into play.
1039  Economy / Trading Discussion / Re: Bitcoin On-Chain Metrics Show BTC Price is Bottoming Out on: September 15, 2023, 07:27:15 AM
A good analysis and can be read with Capital Outflow, which may indicate a problem with liquidity and a rise in open interest rates, which puts pressure on the price and pushes the price to lose momentum whenever it approaches the resistance barrier of $28,000, which it appears that the price will not break during September.

All of this may indicate that we are beginning to move slightly towards the $20,000, although I am surprised by the recent rise in price.
1040  Economy / Speculation / Re: Good time to sell? on: September 14, 2023, 12:07:10 PM
in other words: how would you know we've reached the peak?
When everyone is greedy and greedy about Bitcoin and the price will increase, yet trading volumes decrease and positive news flows, all of which is fake, then you know that it is time to sell. I will sell somewhere near $100k to $125k and will buy again when the price is 70k, I don't plan on spending Bitcoin for the next 4 years so my goal is to try to double what I have.
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