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13601  Economy / Trading Discussion / Re: stablecoins on: November 09, 2018, 04:30:05 PM
I'm afraid Tether is the only viable choice despite being a shady and high risk coin. other alternatives are either shadier or they are too small so they lack liquidity and in some cases even stability.

I don't think they are shady.
Usdc is related to Goldman Sachs, which is more reliable than bitfinex's teher.

I believe that the more stable coins, the better. Diversification is key, as if one has any problem, the others are ok

How so? Tether is the shadiest among the well known stablecoins in my opinion. I've been convinced by the articles I've read about tether in the past. I would really prefer using USDC and GUSD as I would have more confidence of them being actually backed by real dollars.

I also believe that the more stable coins, the better. Even though new scam coins/tokens might arise. Tether had monopoly over the stablecoin markets for so long; they definitely need competition. Hopefully the others catch up.
13602  Other / Meta / Re: Can there be other ways to earn merit? on: November 09, 2018, 04:25:47 PM
The current merit system is good enough in my opinion. We probably just need more merit sources.
Even if the current merit sources exhaust their merits rather than burning it unspend will make huge differences and more merit sources will be good to have.So people who are applying to be a merit source need to think that they have enough time to analyse the post in different sections or don't be a merit source.

I mean, there's probably a reason on why some of the merit sources doesn't give out much merit, especially to the lower ranks. Maybe it's just that most of them doesn't see much quality content to actually give their merits to? I don't know if lowering their post quality standards is the right move here.

Every newbie who isn’t the alt of someone comes here with no knowledge of the forum and little to no knowledge of crypto.

I lingered in the cryptospace for a few months before making an account here. Other people probably aren’t as enthusiastic.

While that could be true, you can almost easily differentiate the people who registered here on bitcointalk solely for collecting bounties, to those who registered here for their genuine curiosity about bitcoin or cryptocurrencies in general. The former tends to usually immediately spam posts for activity points.
13603  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin will be replace by ALTS in the future? on: November 09, 2018, 03:21:00 PM
Theoretically very possible; but very unlikely in my opinion, especially in the short term. Bitcoin simply has the biggest network effect compared to all the altcoins we have right now combined. Next to Bitcoin, Ethereum, definitely can take over Bitcoin. It's going to be very difficult though, as Ethereum would need a few solid apps that's actually useful enough for the normal folks to choose the Ethereum dapp over a faster and centralized alternative.

An altcoin to replace Bitcoin as a currency though? A lot more unlikely personally. Even the next-in-line currency coin we have, litecoin, is heavily behind compared to bitcoin. I honestly don't even know what advantage litecoin has compared to bitcoin; besides the faster and cheaper txs, that would probably be irrelevant after lightning network gets widespread.
13604  Bitcoin / Bitcoin Discussion / Re: A Dissection of Bitcoin book on: November 09, 2018, 02:43:37 PM
That link contains book but only the first four chapters.
At the bottom of the page there is "The whole book has 10 chapters. This version you are about to purchase contains the first 4 chapters".
I would like complete version, but i can't find any valid source to buy it.

Geez. My bad, good thing you doublechecked. I did a bit of research and unfortunately I couldn't find a full version. My apologies.

I found this thread a month ago though, one of the users who replied claims to have a full version of the book. Might be a good idea to send him a message.

Hi, do u know where I can get a copy of Paul Huang's A Dissection of Bitcoin in full? I only find the short version. The site for full version purchase is down https://ebook.ubiqlink.com/index.php/product/a-dissection-of-bitcoin/.
Hi, I saw your message today and as I have indicated on the thread kindly note that it will be very ok if you send mr a request in case you are interested in any cryptocurrencies related book. I have the ebook you are requesting for. Its is 125 pages ebook and in case you are still much interested in getting the book you can let me know

Thread URL: https://bitcointalk.org/index.php?topic=3165549.0

Always remember to proceed with caution, and if thesmallgod did actually send you a file, make sure it isn't malicious. Best of luck and happy reading.
13605  Bitcoin / Bitcoin Discussion / Re: A Dissection of Bitcoin book on: November 09, 2018, 02:29:37 PM
Hey. The link isn't working for me either, unfortunately. Amazon is selling the same eBook as a Kindle edition though.

check it out: https://www.amazon.com/Dissection-Bitcoin-Paul-Huang-ebook/dp/B0198LXI5K
13606  Economy / Trading Discussion / Re: stablecoins on: November 09, 2018, 02:18:09 PM
I would stay away from Tether(USDT) the most, due to it being very shady overall.

Personally, I favor DAI(an ERC20 token) over all the stablecoins, due to it being decentralized(compared to the other alternatives, at least). Though unfortunately DAI doesn't currently have much trading pairs, and is only currently supported on a few exchanges. Though I'll admit, it's quite complex hence I haven't understood the DAI stablecoin completely yet; currently still working on it, but it's still a lot more promising compared to the other stablecoins in my opinion.

If you want to read more about it: https://makerdao.com/whitepaper


EDIT(for clarification): If it seems like I'm shilling a certain token, I'm not. Just trying to answer OP's question with my opinion.
13607  Other / Off-topic / Re: Bitcoin Club on: November 09, 2018, 02:06:18 PM
Tell me. What are the advantages of having a private invite-only group for buying and selling crypto? Instead of using crypto<->crypto and fiat<->crypto exchange platforms we have right now?

Making it private and invite-only is so unnecessary.
13608  Other / Meta / Re: Can there be other ways to earn merit? on: November 09, 2018, 01:59:13 PM
The current merit system is good enough in my opinion. We probably just need more merit sources.
Even if the current merit sources exhaust their merits rather than burning it unspend will make huge differences and more merit sources will be good to have.So people who are applying to be a merit source need to think that they have enough time to analyse the post in different sections or don't be a merit source.

I mean, there's probably a reason on why some of the merit sources doesn't give out much merit, especially to the lower ranks. Maybe it's just that most of them doesn't see much quality content to actually give their merits to? I don't know if lowering their post quality standards is the right move here.
13609  Economy / Trading Discussion / Re: Most Promising Cryptocurrencies to Invest in 2019 on: November 09, 2018, 10:18:16 AM
It's funny how bitcoin isn't in the list whereas EOS, XRP, Litecoin, and Tron made it to the list; it even named XRP as Ripple. Anyway, overall article is bad as it's explanation on why these certain coins and tokens are good "investments" are pretty generic and bland.
13610  Other / Meta / Re: Can there be other ways to earn merit? on: November 09, 2018, 09:27:40 AM
I agree with the majority here. If a certain user reaches 1000 activity without a single merit, then there's a problem for sure; but with the user himself/herself, not the merit system. Chances are, the user is a shitposter/spammer; or both. I heavily disagree with them being given 1 merit just because they reached 1000 activity.

The current merit system is good enough in my opinion. We probably just need more merit sources.
13611  Economy / Exchanges / Re: Payment method on: November 09, 2018, 09:22:57 AM
It depends. Do you want to hold the crypto? Or do you want something that would be automatically converted into fiat at the point of sale?

If it's the former, then simply create a separate wallet for your restaurant's payments, just as how you would normally create a personal wallet. If it's the latter, then probably try out BitPay[1]. Currently I think they only support BTC and BCH.


[1] https://bitpay.com/
13612  Other / Beginners & Help / Re: How to prevent reverse airdrop scam? on: November 09, 2018, 08:50:56 AM
Don't do airdrops based on social media accounts! Make airdrop based on holding some other asset at given time.

Like CLAM (every address holding BTC, LTC or DOGE in may 2014 received 4.6 CLAMs) or RHT (NEO address holding between 1 and 99 NEO in dec 2017 received 1 RTH) ...

This. Though there would be "the rich gets richer" counter-arguments, this is probably the best choice we have right now if you want to prevent individual people from claiming multiple airdrops, and at the same time, without accepting KYC.

Linking everything with Telegram might be a good idea. Since you cannot have 10 different Telegram accounts. This might restrict it a bit further
Why can't you? Mobile sim cards are pretty cheap.
13613  Local / Pilipinas / Re: Ang Pagtakbo Nang TORO! on: November 09, 2018, 07:35:43 AM
NOTE: Hindi porke nagkaroon ang cryptocurrency markets ng malaking bull market nung end of 2017, hindi ibig sabihin e ganun na rin ang mangyayari this year. Iwasan nating mag bulag bulagan dahil lang gusto natin kumita ng madaling pera.
13614  Economy / Service Discussion / Re: What do you do with your airdrop leads? on: November 09, 2018, 03:48:18 AM
Airdrops are mostly made for publicity(probably through airdrop sites) and to spread out the holders of a specific coin/token. About the personal information gained on the airdrop, it depends on the project to decide on what they want to do with the information. The shady ones probably sell the information to certain entities, while the more legitimate ones use the emails to send them updates about the specific coin/token that's been airdropped.
13615  Bitcoin / Bitcoin Discussion / Re: I Lost my Nano pin code on: November 09, 2018, 03:10:26 AM
if you lose the code it is very bad and I think you can send the ticket to the party concerned, and if you still don't get the code then you can be sure to lose the coins you have.

lol. I'm pretty sure Ledger SAS(Ledger's company) won't be able to help OP remember his/her device PIN. Maybe try double checking your facts before trying to "help" people here on bitcointalk.
13616  Other / Beginners & Help / Re: Just inspiring on: November 09, 2018, 02:42:21 AM
“I gambled in more than a few bad ICOs to start 2018,

"gambled". That's the keyword right there. While him investing in ETH early on might be a very smart move(but still quite a gamble), the gambling in ICOs is definitely not; and I really don't see what's inspiring about that. It's like being inspired by a person who won a lot of money due to being lucky with a slot machine in Las Vegas.
13617  Bitcoin / Bitcoin Discussion / Re: I Lost my Nano pin code on: November 09, 2018, 01:59:12 AM
If I do this will I lose the coins stored on the device? 
Your coins are stored on the blockchain, not on your device. Only your keys are stored on the device. Very common misunderstanding.

After 3 failed attempts at entering my pin - the Nano tries to reset.  When I do, it provides a new pin code - after that it wants to provide a new set of recovery words.
You probably chose the option to set up a new wallet instead of recovering a wallet.
13618  Economy / Service Discussion / Re: Blockstream's new blockexplorer on: November 08, 2018, 03:43:19 PM
Well... looks like I'm not going to use it that much.

I just tried it out with one of my old addresses and that's what it shows up: "Sorry! Addresses with large number of transactions aren't currently supported."

Like, are you serious?

BitFast(Lawrence Nahum, Blockstream dev) said "it's not a feature, indeed it is a temporary limitation. we are working on supporting all."
Source: https://www.reddit.com/r/Bitcoin/comments/9usmjn/blockstreaminfo_block_explorer_is_now_live_and/e98be4g/?context=3

So yeah, looks like a temporary restriction. Wish they released the complete working product instead though, or at least announce it as a beta release first.
13619  Other / Beginners & Help / Re: scared about online fraud ... on: November 08, 2018, 01:13:23 PM
which platform are you mentioning about? You should give clearer info and we will share with you more about our experience. Anyway, you should not choose p2p to buy btc. You only should buy btc from the person that you know well. To avoid scammer, should not believe in strangers. That is my experience and advice.

"Anyway, you should not choose p2p to buy btc"
"You only should buy btc from the person that you know well"

Peer-to-peer or "P2P" transactions are transactions whereas you transact without a middleman(e.g. Coinbase, other exchanges). So you pretty much have two conflicting statements there, just to let you know. Tongue

Also, why not? Exchanges with peer to peer options like LocalBitcoins[1] is also a good place to buy bitcoin, regardless if you're new to the cryptocurrency space or not.


[1] https://localbitcoins.com/
13620  Economy / Scam Accusations / Re: @BTC_Hourly_freebot is a "Scam" telegarm bot, pleace stop working and tire your on: November 08, 2018, 01:04:20 PM
I mean, this is definitely not a new scam as these scams have been around since forever.

I hope you didn't actually deposit some bitcoin in it; and if you did, I hope you didn't lose much. Just always remember that there is no such thing as "easy money", and money can't just simply appear out of nowhere for some people to give it around to random people in the internet.
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