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11561  Economy / Trading Discussion / Re: Journey from gambling to trading on: October 31, 2018, 10:42:13 AM
Depending on how you trade it is still gambling.

You are like betting the price will move on the direction you bet.
11562  Alternate cryptocurrencies / Altcoin Discussion / Re: Highest Transaction Per Second Mainnet on: October 31, 2018, 10:03:25 AM
I think nano is the fastest out there with 24,000 transactions per second.

This is a lot, even compared to visa

However, nano is a very centralized cryptocurrency.

Everytime you use a centralized cryptocurrency, ask yourself why shouldn't you use visa instead? Decentralization is more important than tpa
11563  Alternate cryptocurrencies / Altcoin Discussion / Re: My experience in cryptocurrency so far on: October 30, 2018, 11:11:27 PM
I think everyone's experience with cryptocurrencies is a roller coaster.

However, Bitcoin is less volatile than the other altcoins. You can have a bigger share of it in your portfolio, just to keep it less volatile and more stable.
11564  Economy / Trading Discussion / Re: Ledger Will Let You Trade Crypto for Crypto on: October 30, 2018, 10:56:11 PM
Is it trading from one person to another or is it trading from them to us? That is the most important part of discussion here because of the market prices.

Have you never used services like Shapeshift, easyrabbit, instaswap, changelly?

Just try any of them.

Usually they have accounts on exchanges such as binance, and they make the trades for you. As you don't pay withdrawal fees (they probably have some kind of partnership) it is cheaper for small amounts.

You pay the market price. However, they charge a small fee for the service as well (nothing is free), but it is possibly cheaper than exchanges because of those withdrawal fees. .
11565  Bitcoin / Development & Technical Discussion / Re: PoW vs PoS- Proof-of-Stake Might be the Winner here (Save the Environment) on: October 30, 2018, 08:03:20 PM
I think an introduction of PoS as a "security booster" for Bitcoin (with a rate of 1/10 PoS blocks or so, or an "approval mechanism" where stakers must approve some PoW blocks), like I mentioned earlier, isn't very risky.


This is what ethereum casper will do.
On the beginning there will be one block minted with pos for every 50 mined with pow in ethereum casper.

I think ethereum could do first. If they manage to survive....

More details here

https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ
11566  Bitcoin / Development & Technical Discussion / Re: PoW vs PoS- Proof-of-Stake Might be the Winner here (Save the Environment) on: October 30, 2018, 05:20:02 AM
That is where you are misinformed, there are some alts that will skyrocket during a bitcoin crash.
Your problem is you think crypto depends on bitcoin, you are wrong ,
just as the car market does not still depend on the Ford Model A, crypto no longer needs bitcoin.
It has grown larger than a single coin.


Ok then... I will let an image speak for me.

I believe this is just a coincidence, that all 1000 cryptocurrencies have the same graphic. THey are all crashing for different reasons, nothing to do with bitcoin.







Proof of Stake can OutScale Bitcoin , about every Altcoin created after since Bitcoin OutScales Bitcoin.  Smiley

It is an irritant trying to have a logical conversation and all I get back is an emotional response of you are frighten, or devs are scared.  

yeah, you are acting very logically using those blue letters and ignoring market movements...

Good luck for you too. I hope you find the coin you are looking for =P
11567  Bitcoin / Development & Technical Discussion / Re: PoW vs PoS- Proof-of-Stake Might be the Winner here (Save the Environment) on: October 29, 2018, 10:57:11 PM
When too many miners drop out, the network Hash drops,
(having a difficulty only reset every 2 weeks is really a security vulnerability that has never been fixed, Most Alts reset Difficulty after every block.)
When the Hash drops too low , blocks are only found every few days, so the normal 2 weeks could take months to complete.


I don't think that would be a really great problem. Let's suppose Hash rate drops to Half (what would be a very pessimist scenario). Instead of blocks every 10 minutes, we would have blocks every 20 minutes (on average). No a problem at all in my opinion.

And at the most 4 weeks, difficult would be adjusted and mining would be decentralized again, and ASIC would be gone.


A drop to 1/5 of the hashrate (high unlikely, as if miners do not mine, what will they do to that equipment? They will have to mine either way, or the loss will be bigger).
This could be a problem, that would be easily fixed with a fork. Anyway, bitcoin could even though be mined with low hashrates for like 2 months and then the problem would be solved.

In such a situation, of a big price drop, every other alt would be completely worthless and there would be no reason to mine them.


I hear alot of fear in your voice about Proof of Stake, it has been around since 2013 and so far none of the fairly tales about it's easy destruction have been accomplished by anyone.  Over 5 years and no one has performed a attack that destroys the Proof of Stake Consensus , it all been falsehoods and lies about how easy PoS is to destroy. PoW is only 4 years older and it's centralization & energy waste failure are paramount and undeniable to all but the bitcoin fanatics that never recognize any of it's failures.

There are many PoS Only coins with multi-million markets caps and no one has been able to destroy one of them.  Wink
Blackcoin / Ardor / and Multiple others


In all those 5 years, nobody was also able to prove that PoS fairy tale work in great scale also.

Those are all very small projects compared to bitcoin. Ardor has 100 million USD marketcap, which is about 40 times smaller bitcoin daily volume...... Comparing Ardor to Bitcoin is like comparing United States economy to Malaysia`s.

Even Vitalik Buterin is affraid of running Casper Protocol in Ethereum, because he knows that problems will pop up when it is up and running. And there are many problems related to PoS economy, which were already mentioned in this thread.
11568  Other / Ivory Tower / Re: Will Russia create a new European Union? on: October 29, 2018, 08:59:51 PM
What draconian rules?
This is disgusting to even suggest because current regime of Russia  is dangerous to human life and freedom and stands against everything what EU stands for.

Draconian rules are rules that were imposed by the goverment, without much agreement or discussion. (in a very simple one line answer)


EU has a very good understanding of economics . They are one of very few governments who understands the necessity of financial discipline and understands what happens when spending gets out of the control. The share desire of spending money which is not yours* ( as governments or any other spender is spending borrowed money ) has to be controlled otherwise it leads to catastrophic consequences.

This is disgusting to even suggest because current regime of Russia  is dangerous to human life and freedom and stands against everything what EU stands for.

Russia isn't a dangerous to human life, and they share common interests with the EU.
11569  Bitcoin / Development & Technical Discussion / Re: PoW vs PoS- Proof-of-Stake Might be the Winner here (Save the Environment) on: October 29, 2018, 02:42:44 PM
Which should point out to an observing mind , how weak Bitcoin and PoW consensus truly are.
A Massive Price drop can kill bitcoin due to it's insane input costs.


I don't agree, that's not how it works.

Transactions fees are defined by demand and supply, basic economics.
It does not have a direct correlation with price.

In December when btc price was high the fees were high (the opposite of what you aaid).
Fees were high because there was a peak in demand , nothing to do with its price.

And high fees didn't kill btc, wasn't even a threat to it .

Nobody knows what problems pos will bring, as it has never been tested with a decent project with many transactions per day
11570  Economy / Trading Discussion / Re: Okex - One of the largests crypto exchange in the world is deslisting 50 coins on: October 29, 2018, 12:33:57 PM
no, this is just business!

they get paid to list these coins so they win because they make money
the ICO devs spend a tiny amount compared to what they are being paid to get their useless token be listed on some exchange so that they have a place to dump it and get the money out. so they win too.
users get a place so that they can dump or possibly participate in any possible pump and dump and make some profit so they win also.

when everyone is done making money and wants to move on to a new token they should get rid of the old one.
everyone is happy...


What you are describing is a Ponzi scheme (whoever came on the base of the pyramid is making money and the others on the top losing). It's a scam.

Everyone ia happy, except those who lost a lot of money.
This kind of"business" is forbidden in many places in the world. It is illegal in Brazil

They sell you something 100% useless, that the creators know is useless, promising to do a lot of things. But it's just a scam to get people's money.


Of course there are some projects that are not scam , they just didn't make what they want... But most of them are not that.
11571  Economy / Trading Discussion / Re: Okex - One of the largests crypto exchange in the world is deslisting 50 coins on: October 29, 2018, 12:01:28 PM
everything that is pumped should eventually be dumped.
during that pump these exchanges were adding dozens of altcoins at a time in a short period of time as they were being created then paid the exchanges to list their shitcoins.  but as I said this can not last forever. it will end at some point and when it does and the dumps kill the coin, there is no more volume hence no more profit for the exchange to keep these coins listed. everyone is done with them so they are delisted !!!

That's right, most of those exchanges charge to list a coin
They probably make a lot of money during those pumps, just to dump them now..

This is market manipulation.
11572  Economy / Trading Discussion / Re: Top 10 Cryptocurrency 2018 | Best Cryptocurrency Exchanges on: October 29, 2018, 11:25:19 AM
In general, the best cryptocurrencies are the top 10 in CMC (by market capitalization).

They are more valuable BECAUSE they are the best. They also have more money to pay for development.

However, due to high volatility, some of good projects are not in the top 10 now in CMC anymore. Such as IOTA and NEO.
11573  Other / Meta / Re: Alternative clients section on: October 29, 2018, 11:19:22 AM
I think your suggestion is good for organization, but the number of posts does not justify a new sections for all those wallets and subsections.

A breadwallet board  would have so few posts per year that it would be a dead board.

It is also hard for new legit users to find it. Sometimes people that doesn't have a bitcointalk account need to create a brand new to ask something technical. This user would have a hard time looking for the right section, and he would probably post in "Bitcoin technical support" or other more generic board.

It is even harder for posters, who will answer him, to find his topic and provide lots of replies from different users of the forum (which is good, as many different solutions pop up)_
11574  Local / Brasil / Re: BOLSONARO ELEITO NOVO PRESIDENTE DO BRASIL on: October 29, 2018, 11:15:03 AM
Agora o país toma jeito
IMO, em pouco tempo teremos uma quedar vertiginosa do dólar perante o real, o que vai refletir no preço do nosso bitico em reais
Eu mesmo desde a semana passada já venho liquidando parte das minhas participações

Olha realmente isso vai acontecer. Estão prevendo dólar perto da casa dos 3,00 e os mais otimistas ainda abaixo de 3,00. Poderiamos ver na casa dos 2 e muitos...

Porém, essas variações de 30-40% são pouco pro BTC. Se BTC volta a 10k, ou mesmo 15k 20k, essa variação cambial não tem grande importância.
11575  Other / Ivory Tower / Re: Brazil Presidential Candidate Jair Bolsonaro Is Stabbed on: October 29, 2018, 10:48:38 AM
Bolsonaro was elected president yesterday, with 55% (its believed he had much more, like 70%, because the electronic ballot boxes are not reliable).
Brazil was in party yesterday, looked like a world cup final game.

I believe this will lead us to a new era, free from socialists from the worker's party (they were in power since 2002).

As I said in another post, his personality is similar to Trump, and people here compare both presidents.
They are also both nationalists and agains globalism.

I hope Brazil now willl approach free countries and stay away from Venezuela, Cuba and Angola.

It's terribly  sad to see our neighbors in Venezuela coming as refugees to Brazil, and at the same time see the Worker's Party making alliances with Maduro and even so managing to receive 45% of the votes (the got very close to get ellected again, with Lula in jail, the president of the party)
11576  Other / Politics & Society / Re: BRAZIL HAVE A NEW PRESIDENT: JAIR MESSIAS BOLSONARO on: October 29, 2018, 10:36:37 AM
Serious question, do people in Brazil think Trump is Facist?  Is it a small number of people that think this or is it a wide spread belief/assumption?

In Brazil, the biggest media players are all associated with the liberal media worldwide. Our biggest journals (like Globo, Epoca, Estadao, Folha de Sao Paulo) are basically all the same and they use as reference:

-The New York Times
-The Guardian
-The Economist (The Communist, as we call here in Brazil, because they support Lula)

And so on.... nobody says anything about FoxNews for example.

So yes, the media here in Brazil call Trump a fascist.

However, the social networks like Facebook, Tweeter, etc, are allowing us to have access to different point of views. So  I believe Trump is not that unpopular here. Most of the people who voted for Bolsonaro view Trump as an "American Bolsonaro".

I believe that now Brazil will get closer to US, as both presidents now have a similar personality and objectives (both are nationalists and against globalism)
11577  Bitcoin / Development & Technical Discussion / Re: PoW vs PoS- Proof-of-Stake Might be the Winner here (Save the Environment) on: October 29, 2018, 09:58:22 AM
Plus which POW coin that had switched to POS had any success?

CLAM was a POW coin that switched to POS.

It's also POS based on POW.  The Clamcoin itself was 100% premined with POW, then distributed to BTC, LTC and DOGE addresses, and then POS was enabled.

It's not been overly successful though, but it hasn't been successfully attacked either.  You literally couldn't attack CLAM with all the computing power or fiat in the world today (maybe tomorrow after we all sold our shit to you and ran for the hills!  Grin Kiss)

DOGE, CLAM........

wtf man, wake up.

Do you want to compare bitcoin to those projects? Those networks are barely used.

Do you know how many transactions are made daily in bitcoin network, and how many are made daily in CLAM?
CLAM marketcap is 800 BTC, on rank 488. This means that the whole CLAM project, all CLAM coins, are worth 800 BTC.

CLAM is basicaly a testnet, to test crazy ideas. And that's it. a Dead coin.


Bitcoin needs to be more conservative. Bitcoin cannot risk those untested protocols, based in vague ideas like "Save the environment", or "Pos is the future", based on vague arguments.

If Bitcoin adopts PoS or any other fancy protocol and there is even a smallest problem, the whole market will crash so spectacularly and probably never bounce back.

So, go spread those ideas in Altcoins board. Bitcoin needs to develop itself slowly and safe.
11578  Other / Serious discussion / Re: Your Ideology Affects You what Tokens to Support? on: October 28, 2018, 11:28:09 PM
When I saw this topic, the first altcoin that came to my mind is Stellar.

Stellar says in its website

Stellar.org connects people to low-cost financial services to fight poverty and develop individual potential.

I believe this is the most "ideology" project I know.

However, Stellar founder is a former Ripple founder, Jed McCaleb.
Ripple would be a coin totally against that ideology?

I believe that buying and holding bitcoin is already an ideology act by itself, against the financial system.
11579  Economy / Trading Discussion / Okex - One of the largests crypto exchange in the world is deslisting 50 coins on: October 28, 2018, 10:37:41 PM

https://support.okex.com/hc/en-us/articles/360018396732-Delisting-of-Trading-Pairs

Delisting of Trading Pairs
Avatar
OKEx

    Thursday at 05:53 Created

Dear valued customers,

 To create a robust trading environment and offer the best trading experience to our users, we will delist several TRADING PAIRS with weak liquidity and trading volume according to the OKEx Token Delisting / Hiding Guideline. The affected tokens and trading pairs are as follows:


then comes a list with over 50 altcoins, which I don't know any.

Bad times to be a holder of those coins....

They explain, at the end of the document, that owning crypto is risky lol

Quote
Please be reminded that trading digital assets involves significant risk and make sure you fully understand the mechanism and risk involved. You should always consider your investment ability and risk tolerance before entering the market.


Early this month Okex announced trading pairs with other Stable coins, like USDC and TrueUSD, which a good step. We are not so dependent on tether anymore.
11580  Economy / Trading Discussion / Re: Which coins or tokens will be profitable within this month? on: October 28, 2018, 06:54:06 PM
In my totally unqualified opinion, the market correlation is strong between cryptocurrencies. All of them goes up and down at the same time, with very local exceptions.

I believe btc must recover before any big gains.
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