About this: Our goal is to create a community and this is why we are going with Discord, We have sub-channels aimed at different crypto topics like market sentiments, where people can share their thought, It is not just about giving out signals, that would be boring 😅
Why not focus on the community-building part then? I see no reason why you'd try to give signal services. Sharing educational materials as mentioned above is better. You can monetize the content as long as it is useful and unique compared to other educational resources out there. You can also build a bot like what Etherdrop did if you want better profit. I think that would be more appreciated compared to paid signal groups. Still, earning trust and building a community is going to be quite complex 😅, we are still thinking about how to do it the right way and be fair about it
To be honest I'd avoid sharing signals altogether. Even if you can build some trust by sharing signals, it is very easy to get broken. One or two 'bad' signals can give affect your image. Having "our signals are not always accurate" won't help either since it doesn't make you more unique than dozens of signal groups out there. |
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So you're worried about the future because the US seems keen to 'kill' crypto with their regulations? To be honest, I would not be surprised if they change their rules here and there after some lobbying happened. Not to mention most people agree that SEC is doing more harm than good with their recent shenanigans. Even if they don't change and in the worst-case scenario the US no longer trades Bitcoin, I doubt it will completely kill the crypto market. Price will plummet for sure, but it will correct itself and Bitcoin will still be accessible as currency.
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I just checked the links shared by OP. One of them looks a bit outdated (it got bumped by somebody else reporting the same issue though), although others do give some screenshots of their chats with the CS. Some info is being contradicted by others so you definitely need to read further to see the full story. As of now, the majority of users on that forum/website seem to see them as sketchy at best. I'm not really familiar with their service either.
If OP has their own story, it would be nice if he can share it too. That being said, I do agree that it is better to be cautious and just avoid any service if they don't have any presence on the forum since you can't really do anything if they screw you. Even though one of the cases is resolved, that is the exception and not the norm. CMIIW.
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-snip-
Thanks for the info. So basically just the logic for wallet address management. Not sure how close it is with their published app either since we can't verify it. Would be better if they also open up the security part if they really want to improve their security to avoid zero-day bugs being exploited imo. It can be closed and still trustworthy
I'd not put them as trustworthy as others. Heck, I'd not call them trustworthy, just usable but not recommended. Especially with the recent launch of other open-source wallet apps. No reason to go with a closed-source one if other options are competitive enough. |
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However, I am learning that it may not be totally true as it is still possible to freeze bitcoins that are held in an external wallet.
Can you give an example of such cases? What do you mean by external wallet? If it refers to a hot wallet that needs a login/password (and they can access your wallet without it) to access your money, then you should never use them in the first place. I don't think there is a case where somebody can access other wallets without knowing their seeds etc. If that is possible you'd see more complaints and that wallet will likely die soon. |
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The United States securities regulator is seeking to revise its $22 million punishment against decentralized content platform LBRY, acknowledging it is unlikely to be able to cough up the funds to be able to pay it. "
I'm not familiar with how the US gives punishments to companies, but do stuff like this often happens? How did they arrive at the 22 million number in the first place? I thought they'd calculate the assets of the company they punish so if they refused to pay they can just seize them. It is hard to believe they just take the raised ICO numbers as punishment as you mentioned above without considering anything else. |
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How do we verify if they really use their monthly profits to buy BTC? Even if that is true, I don't think it will change anything in regard to the BTC price if that's what we're worried about. I do believe they already did this. This move is probably to provide other ways to answer scrutiny if there are some questions about their reserves in the future. And finally, the FUD thing is very real. If USDT collapses, Bitcoin will suffer tremendously if a lot of Tether’s reserves are in BTC. On the other hand.. in Bitcoin’s history, except the very last bear run, there’s no downturn it’s never recovered from.
If their documents are to be trusted, most of their reserves are in cash at the time of writing. I don't think they will switch to BTC or other assets entirely since it is easier to get tracked by others. But yeah, people can easily get swayed by rumors on this market so it would be difficult to avoid the impact if they do (nearly) collapse. |
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Not possible.
Total Transaction fee cost depends on the Transaction size. If you make a transaction with 1 input and 2 outputs the total feeee is way less than a transaction with 5 inputs and 50 outputs.
Understandable. I was referring to how mempool.space convert sats/vbyte into USD, but I guess that's a bit useless since total fees will be different like you mentioned. Even if it was available it would be meaningless to put there since people can easily use their wallet to see them anyway. Looking forward to the updates if you plan to add new features. |
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I believe Bitcoin is here to stay, miners will always have something to make from transaction fee at least which is a very good thing. The only thing miners need to keep doing is upgrading their mining equipment, and the profit will be lower unless transaction fee increases, I hope this gets to new bitcoin miners that are worried about the uncertainty of mining in the future.
At the end of the day, those who find mining unprofitable will quit. I don't think things will change that much even after block rewards are gone. I wouldn't be surprised if we see a drop in hash rate or something similar though. You can't force people to mine just for the sake of keeping the network secure since most people are here for profit. Will this going to be a problem? I do see the possibility of some problems happening, but it is definitely not unsolvable. CMIIW. |
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Holly hell, what is happening with Ledger? Did the owner change hands or something? It feels like they started to make decisions that are profit-driven like what exchange does, without even considering what their product actually is. At the same time, I might be deceived and this is just how they act since the beginning. Looks like it is time to find other manufacturers that sell in my region and ditch Ledger entirely if I need to buy an HW in the future. Hopefully, that would never happen and I can just build my own air-gapped device with ease.
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It doesn't seem very smart to me, and not just because of the timing to sell them, but maybe being a member of this forum I am biased. For me in the near future having Bitcoins in reserve is going to be as common for states as gold reserves, which USA keeps mostly in Fort Knox.
If I'm not wrong, even people in the government have different stances toward crypto/BTC in general. I'd not be surprised if they will change their decisions if there is a change in power. We do see many decisions getting revised, I doubt they care about their image since they can just refer to the previous government being "wrong". CMIIW. It would be a bit pathetic for them to sell Bitcoins now only to have to buy or mine them in the future. Although I suppose they could seize them from criminals in the future as well.
They can also use exchanges or taxes to collect more Bitcoins imo, although the amount is probably not that much if you compare it to criminals' BTC. |
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I don't expect mining to have much impact on the electric power in the surrounding areas because Missoula County is not among the major big bitcoin mining areas as far as I know, plus it has several sources of electrical energy such as solar and water through waterfalls and rivers and wind energy in addition to energy Also nuclear.
That's good news to hear. I do believe renewable energy is the way to go for the future, including mining. If miners can even use those energy sources it would be even better, CMIIW. Unfortunately, the equipment and cost to maintain renewable energy source is still not as cheap as using coal or a similar source as of now, at least in my area. |
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People forget how quickly this occurs, because despite the perception that with low fees there will suddenly be high demand, the reality is most of these transactions have already been made and are sitting patiently in the mempool already, so they'll clear quite quickly imo.
Being worried is understandable, especially if they do weekly transactions with a relatively cheap fee and are suddenly being asked for a lot more. That being said, their worry is definitely overblown. Not sure what the exact reasons are for those who are genuinely asking though. I can only assume the ability to make transactions with cheap fees is very important for their living. I've seen a few threads saying miners don't care about those who don't have the capacity to spend $100 for transactions fee here and there. Maybe they are also new and never see any congestion before. |
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Apakah sekarang cukup banyak token yang membagikan token kepada holder (deviden)? dari bounty saya hanya menjumpai kickico yang rutin membagikan token untuk para holdernya, yang lain kayaknya ga ada. Jadi ini (deviden) pun tidak ada kewajiban sama sekali ya, pemegang token (investor) hanya konsumen belaka, tidak memiliki hak apapun atas perusahaan?
Dulu ane pernah bergabung dengan bounty yang membayar token tapi kemudian berubah menjadi share. Waktu itu user yang ingin mendapatkan share perlu KYC yang cukup rumit, walau bisa dimaklumi kalau pada akhirnya token yang dikirim berubah menjadi share dan user bisa memberi vote selayaknya investor di perusahaan tradisional. Tapi hal kayak gini jarang, dan ane juga baru nemuin satu proyek itu gan. Proyek lain kebanyakan bilang token mereka bukan token sekuritas, sehingga dividen bukan hal yang bakal didapat user (termasuk voting rights), walau kebanyakan pemerintah bilang token mereka itu sekuritas seperti om rico bilang di atas. |
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BRC-20 mungkin masih dianggap sebagai meme yang tidak terlalu berharga sekarang. Tapi saya jadi ingat di tahun 2009 hampir tidak ada orang yang denger dan tertarik dengan Bitcoin. Di 2010 malah ada orang yang menukarkan 10.000 bitcoinnya dengan dua loyang pizza.
Ane rasa agan tidak bisa menyamakan BTC dengan BRC-20 karena tujuannya ane rasa jelas berbeda. Orang juga tidak asing lagi dengan NFT yang sudah popular di berbagai altcoin chain, dan ane tidak melihat ada perbedaan signifikan dibalik ide BRC dengan NFT lain. Pada prinsipnya sama, dan bisa saja dua-duanya sukses di masa depan. Tapi saat ini pasar NFT masih banyak dijejali dengan produk digital yang berkualitas rendah, bahkan ada yang mencuri art untuk mencetak token dan membuat nama NFT dan kripto di mata umum jadi semakin negatif. |
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Kalau dilihat dari pending transactions, jumlahnya masih relatif sama dengan beberapa minggu sebelumnya dengan 200k transaksi yang pending. Bedanya, beberapa minggu lalu fee sangat tinggi. Ane rasa mereka yang ingin meminting token NFT mulai sadar kalau membayar fee dan mencetak token secepat-cepatnya tidak berdampak pada demang atas token yang mereka buat, sehingga mereka mulai jadi lebih ekonomis. Fee rata-rata juga turun ke angka 30 sat/vbytes sekarang.
Tinggal menunggu waktu apakah pasar ini bakal bertahan atau tidak, karena jelas transaksi dari exchange dan semacamnya bakal tetap ada. Yang lebih menarik, waktu rata-rata antar block sepertinya ada dibawah 10 menit kalau statistik dari mempool.space akurat.
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Karena saya sering bepergian. Jadi saya pakai electrum versi android. Tapi menurut om-om sekalian aman tidak sih yang versi android tersebut?. Apakah ada yang pernah mengalami pengalaman buruk terkait Electrum versi Android?
Kebanyakan kasus hacking yang ane baca di berbagai media sosial kebanyakan berasal dari kelalaian user dibandingkan software yang kurang aman. Tentu saja ada potensi bug/exploit di software yang agan gunakan, tapi dengan open source dan praktik keamanan standar yang baik sebagaimana di share di atas agan bisa mengantisipasi masalah tersebut. Ane pribadi menggunakan mobile wallet di HP ane, walaupun bukan untuk cold storage. Selama beberapa tahun ini ane tidak mengalami masalah berarti. Selama agan tidak mengundung aplikasi yang mencurigakan, mengunjungi situs phishing di HP agan, dst, agan bakal baik-baik saja. |
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Do you know what "blockchain library" means? I don't get their wallet core product at all. Is it part of their multi-blockchain support capability? Which other codes are missing from this (apart from the UI for example)? Kinda unfortunate that it happens. It is understandable though since they got bought by Binance in the end.
Slightly off-topic but OP's images are not showing on my end. I guess it is because he's using imgur. OP, you might want to use other providers if you want to show some images in the future since I'm seeing similar things on other threads (as reported by other users). |
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but it's likely because Bitbuy does not offer stablecoin products to the locals in Canada, or they decided to bend down to the rules stated to them by the Canadian Regulators.
I checked the website just now and it seems they do offer stablecoin, but only USDC[1]. Does this mean the Canadian government allows exchanges to use USDC if they want to, or will this change too? At the very least I can see how they don't want to make exposure to BUSD or similar tokens as easily as before if they can't control it at all. [1] https://bitbuy.ca/how-to-buy-in-canada/usd-coin |
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