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121  Alternate cryptocurrencies / Service Discussion (Altcoins) / Need your suggestion on minting my collection on OpenSea.io on: July 10, 2021, 10:18:46 PM
Dear forum members,

I have created an art collection of Giraffes containing 10,000 unique pieces of art on Microsoft Excel using an automation software. This project is obviously inspired by Cryptopunks. In this regard, while there have been many who use Excel autoshape/freeform to draw pictures, very few people use Excel for drawing pixel art. Out of those, this might be the only project that plans on generating 10,000 pieces of art using automation in Excel. This is my first project and I want to sell these as NFTs on OpenSea.io. I am about to create a collection on Opensea.io, but have a few questions that I would need your suggestions on. I have put in my preliminary thoughts and would request you to drop in your suggestions (especially members who often deal on OpenSea).

  • Which blockchain on OpenSea should I mint on: OpenSea provides the option to mint on Ethereum or Polygon. Now, while the Polygon's minting and transaction fees are far lower than those on Ethereum, I do not really see a lot of traction in the sale of NFTs on Polygon network. Is this some kind of bias that people have towards Polygon and would rather prefer Ethereum (or do I have a bias while checking this?). Of course, minting on polygon would drastically reduce fees for the time being, I wonder if this would be the right choice. Please do let me know.

  • What is the maximum price that I can set for my art? Open question, you can let me know your thoughts. You can be frank.

  • What should be the name of the collection? I would be really pleased if you can suggest some creative names for the collection of these giraffes

  • Do you have any other suggestions, comments or ideas that i should use in this project? This would help me improve upon this project and future projects too.

I have posted few sample images below for your quick reference.


You can visit my Instagram to see my page where I am currently trying to build a follower base from ground up. Do show your support by following my Instagram page. I would be blessed to have members from this forum on my page.
122  Other / Beginners & Help / Re: Riddles and Brain-Teasers for Bitcointalk Members (Newbies – Members) on: July 09, 2021, 11:22:04 AM
Riddle #9

Since Paul used the same seed phrases that are in his hot wallet, it totally defeats the purpose of having a hardware wallet. If Paul copies the same seed phrases, if his hot wallet gets compromised, others can access it. Further, if the hot wallet stores the private keys online, then if a hacker is able to hack into the database, the wallet can still be compromised. Further, if the hot wallet stores the private keys on the device, even though Paul deletes the hot wallet, hackers can recover the file from residual data and get the private keys (hence such data should ideally be erased and not deleted).

The right steps would have been to create a new wallet and write down the seed phrases in the piece of paper. Then he should transfer all of the assets in his hot wallet to the newly created wallet.

123  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a private digital currency on: July 09, 2021, 08:09:41 AM
"The central bank responded to the recent suppression of virtual currencies for the first time, emphasizing its opposition to the central bank's digital currency and stable currency threats. These relatively negative new statements mean that the future regulatory situation will not be relaxed."
In the question answered by the deputy governor, he stated that digital currency issuers can be divided into private digital currencies and central bank digital currencies. Bitcoin is the representative of private digital currency.
If Bitcoin is a private digital currency. Then, the issuer is personal. Is this person Satoshi Nakamoto? Is he the owner of Bitcoin? However, Bitcoin is "decentralized." There is no issuer. Huh Huh

Bitcoin is not private digital currency. It is a public blockchain. The main difference in a private and public blockchain is when there is admin who manages as to who can access a blockchain or not. Bitcoin on the other hand does not have admins. It is decentralized and autonomous. Even the verification of transactions (mining) happens on the basis of an autonomous consensus mechanism.

Satoshi Nakamoto only set up Bitcoin public blockchain and thereafter he didn't have any other rights or admin powers over Bitcoin. (However, it is speculated that Satoshi had mined a large amount of Bitcoin in the initial days of Bitcoin).
124  Alternate cryptocurrencies / Altcoin Discussion / Re: POLYGON’S MATIC or Solana on: July 09, 2021, 07:43:06 AM
I would really support Matic over Solana right now. This is primarily because Matic blockchain is also listed on Opensea, which makes it have high volume of people visiting it and a better marketplace than most other emerging NFT marketplaces. Of course, if Opensea supports minting the NFTs on Solana, i would probably have to re-evaluate my thoughts.
125  Bitcoin / Bitcoin Discussion / Re: Will people who ban Bitcoin in some countries give up Bitcoin? on: July 08, 2021, 06:10:17 AM
I would prefer to shift everything to paper wallet and hide it somewhere safe where only i can access. Then i would just wait out for the whole frenzy around Bitcoin ban to fade out before accessing my wallet again. Of course, the ban on Bitcoin wont last a lifetime in any of the countries (except China). This ban on Bitcoin is going to be something similar to ban on whisky, which was lifted.
126  Bitcoin / Bitcoin Discussion / Re: why more women to trade crypto? on: July 08, 2021, 05:57:04 AM
Robinhood COO: We have enabled more women to trade crypto.

OMG! All other exchanges have banned women from trading? Do other exchanges respond with a sexist message whenever a woman tries to register?

This is just a marketing gimmick of these companies to create goodwill and brand image. It is surprising how certain companies pretend to be implementing ESG (environmental, social and governance) model to look cool.
127  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Your thoughts for half year on: July 07, 2021, 11:39:25 AM
While i am mostly bullish, i fear the market and the whales are currently on the bearish ends. Because the way the price rises, you can figure out whether the whales are entering back into crypto. When they are back, the market moves exponentially and goes up. But until then, i would rather just hodl my cryptocurrencies and would abstain from selling since i do see the potential of crypto market to rise again.

However, i would only cautiously invest more in crypto for now, since there can be another dip too.
128  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about Baby Doge? on: July 07, 2021, 11:31:10 AM
Baby Doge has a project and a roadmap that plans on doing something. While the project makes for a case for the coin, this coin looks like just another meme coin quite similar to Shiba Inu (i would not say it is similar to Dogecoin since both are quite different), it is being endorsed by Elon must and that has created interest in twitter. However, there is a huge risk involved in BabyDoge when compared to its alternative.

Considering the same, i would suggest that you invest a very small amount (an amount that you are ok with losing out on) on BabyDoge, so that if it rises in value tomorrow, you can reap the profits.
129  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a ESO (Employee Stock Option) on: July 07, 2021, 06:53:57 AM
ValueLabs a company is giving Bitcoin as a stock option for their employees, Is it a good option for employees to opt for it?

/ https://www.valuelabs.com/press-release/valuelabs-announces-bitcoin-linked-options-for-employees

In fact, all companies that are currently accepting bitcoins should provide their employees with this option, so that the ecosystem of bitcoin is developed. This would really circulate bitcoins into more hands and would then become an acceptable form of receipt in more hands.
130  Alternate cryptocurrencies / Altcoin Discussion / Re: Risk of Axie Infinity NFT Game? on: July 05, 2021, 08:00:38 PM
The downside is that the game in itself is centralized and not autonomous. If the developers of the game decide to shut the game or they hit a snag, the entire game and it's ecosystem will come crashing down along with the price of the NFTs since the NFTs will no longer be valid. Further, there is a gas fee for breeding and this makes it expensive if the resulting monsters are not in your favor.
131  Alternate cryptocurrencies / Altcoin Discussion / Re: The Neglected Quality Blockchain Projects on: July 05, 2021, 06:18:57 AM
What other good blockchain projects have you found that have been overlooked?

First and foremost I would say that the TRON blockchain in itself is the most overlooked project of them all. Apart from it, there was MATIC (polygon) which came into light only recently.

Other than these, i am not able to see any others. But i am damn sure that i have probably overlooked the others too  Tongue
132  Economy / Economics / Re: Die today, Die tommorrow, the same dying! still get vaccinated! on: July 05, 2021, 05:55:17 AM
The real problem with vaccines is that the European countries, US, Canada etc. have acquired more vaccines than it is required for their population and are currently hoarding the vaccines and refusing to share with the poorer countries. In fact the colonial powers of the erstwhile era who had looted the colonized countries are acquiring vaccines out of the looted money and are depriving the colonized countries from acquiring vaccines.

It seems that the European countries have no conscience and will probably defend that it is not their responsibility to compensate the colonized countries.
133  Alternate cryptocurrencies / Altcoin Discussion / Re: Is pirate chain a scam? on: July 04, 2021, 12:41:14 PM
The pirate coin arrr is it a scam?

No it is not a scam. It is a privacy oriented coin with a hint of meme attached to it. As it is a memecoin you could expect its price to fluctuate similar to Dogecoin where you can expect it to rise if it gets popular in the minds of people or you could expect it to drop off just like how it happened a week before. Nothing is certain about it in the long run. So DYOR before you invest.
134  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero: A good long-term investment? on: July 04, 2021, 12:30:26 PM
Personally i feel Monero is a great coin for protecting the privacy of the users. However, considering that it has high level of privacy layers, governments and other authorities may not share the same interest as common men. Given the high level of privacy it offers, this coin is notorious for being used by many for illegal purposes (more than Bitcoin). In fact, the US govt is offering a bounty of around half a million to anyone who can develop a working system to track the users of monero. Hence, if government wishes to ban cryptocurrencies partially, monero might be on the top of the list.

Also, the high gas cost it takes for each transaction makes it very undesirable.
135  Bitcoin / Bitcoin Discussion / Re: New Online Bitcoin Treasure Hunt - Live on: July 04, 2021, 12:17:20 PM
This looks very interesting yet very hard to trust. Maybe the youtuber is just trying to rake in a lot of views. Also, like suggested in comments above would be useful if the youtuber can let us know the public address and then sign a message so as to let us know that they are the real owners right now and actually hold the funds.
136  Alternate cryptocurrencies / Tokens (Altcoins) / Re: Panda Blacked 200'000'000 Free token on: July 03, 2021, 01:12:54 PM
You cant call it free token, if you are asking people to send 0.002 ETH for getting those tokens. I really feel it still a rip off.

While i have no objection in you promoting you tokens and if you proper gaming website. But calling it free and then asking for 0.002 ETH isn't ethical.
137  Other / Beginners & Help / Re: If your country does not allow the use of Bitcoin, what would you do? on: July 03, 2021, 01:01:39 PM
and India has also stated that it has banned cryptocurrency by legislation.

Since I live in the EU I personally have no such worries but people living in countries like India where crypto is not legal (from what I have heard) have a big problem.

Pardon me, but both of these facts are outdated as of now. India has not banned cryptocurrencies as of now. There is a cryptocurrency bill lined up and India is taking inputs from various industry experts in order to regulate cryptocurrencies. I believe that the ill-informed and less literate media has been spreading the news that crypto is completely banned in India. A full crypto ban was never made in India. But yes, one committee has recommended that crypto be banned. But the government is yet to consider the same.

Further, in the past RBI (central bank) had issued notices to banks/forex brokers from maintaining accounts of people dealing with cryptocurrencies. However, the same was quashed by the Supreme Court and currently the RBI itself has quoted the Supreme Court order to state that there is no restriction on banks/forex brokers. This came after some banks were found to be denying services on the basis of the previous notification.

You can read the full history of proceedings over banning of cryptocurrency in India in my post
138  Economy / Economics / Re: Never seen before OCDE pact for 15% minimum global corporate tax on: July 03, 2021, 12:38:32 PM
Kindly change the subject. It is OECD and not OCDE, which I believe you are aware too as you have written on OECD below.

The new radical changes that you are talking about forms part of new edition of Base Erosion and Profit Shifting (BEPS) which is known as BEPS 2.0. This includes the 2 pillars as below:
Pillar 1: Revising the nexus rules and profit allocation rules - This is mainly meant for revising the nexus of where digital services are consumed. Because determining the nexus of digital goods and services is what causes the highest confusion.

Pillar 2: Setting up of the new global minimum tax rules - Here the nexus in market jurisdictions should arise in which case the income would be taxable in the market jurisdiction. Here there is a distinction between countries that are developed countries(GDP more than 40B Euro) where the corporation should have at least 1M Euro in revenue and the same threshold is 250,000 Euro in underdeveloped countries.

Further, in your example, there is a bit of confusion: Just because an Irish corporation buys Iphones it will not be taxed in Ireland. The taxing rights stay with the country where the sale actually happened i.e. where the transfer of the risk/ownership of the goods actually took place. Of course the MNEs would structure the deal in such a way that it seems that the sale took place in a low tax jurisdiction. But Tax treaties provide that if the intention of the transaction was only to avoid taxes, then corporations can be taxed in the other state (the one selling goods) as well. But it is inaction of the government/tax offices to actually chase these corporations that is the issue.

Also the new minimum tax rules under Pillar 2 is supposed to stop these MNEs from avoiding a lot of taxes and could finally bring parity in taxing of large MNEs and smaller corporations.
139  Bitcoin / Legal / Re: Couldn't the Govt/banks put pressure on exchanges to deplatform people ? on: July 01, 2021, 10:25:22 AM
Can't the Govt/corporations just get creative and pressure exchanges to deplatform people ?
Yes, Governments and government bodies have a history of pressurizing the exchanges or persons dealing with the exchanges such as Banks/forex brokers in order to limit the cryptocurrency transactions. In India, the RBI (central bank) issues regulations to banks/forex brokers not to deal with such cryptocurrency exchanges or any person dealing in cryptocurrencies. Fortunately, the exchanges filed a case before the Supreme Court and finally the court was able to revoke RBI's notification.

Or demand more transparency to guard against criminal activity or whatever.
While many in this forum might disagree with me, I do feel there is a requirement to have better transparency for the government in respect of guarding against any sort of criminal activity that might occur. However, this regulation could create some privacy issues. 

Sure, you have a wallet, and can buy and receive BTC, but you can't legally buy it.
I guess, you need to explore certain P2P exchanges that allow you to buy crypto directly from the sellers.
140  Alternate cryptocurrencies / Bounties (Altcoins) / Re: ✅[BOUNTY] LUNALAND 🚀 FLY ME TO THE MOON! 🚀 $150,000 pool! 4 weeks duration! on: June 29, 2021, 08:28:38 AM
#Proof of Authentication:
Bitcointalk username: UKprod
Link to Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=3305931
Name of campaign(s): Signature Campaign
BEP-20 wallet address: 0x7666A793F64e782b80bB1Ee730e86315196c0EF0
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