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There was a time when I was interested in new exchanges tokens because I can't stop hoping for a new binance exchange that will introduce a token which will perform as good as bnb token so that's when I met BQTX, invested some money into this token and Ive already lost 99% of my fund already
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I do hope there is some kind of certificate to identify people that are professionals in blockchain but it's not going to be possible, it's why many believe that regulations is the only solution to scams in crypto space, there must be a way to identify what's good and what's bad or else for many years to come scammers will keep trampling on the weak
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If you don't plan on holding new altcoins for long it will be hard to lose money, most new altcoins that later exit scam or got abandoned have very good start but since the team plan was to exit scam all along they won't stay alive for long, it's all part of the plan so if you get in earlier make sure you make some profits either small or big and quit, such projects always have low awareness compared to coins that target big exchanges like binance or huobi
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95% newbies of this forum is active on bounty threads. They do not want to enter any other discussion thread. Not many newbies even know that there are such discussion threads in this forum. They have no interest in knowing anything about Bitcoin. I don't understand why they do that. So do they lack knowledge about this forum? How can they be made aware? In my opinion every newbie should try to gain knowledge about bitcoin from Active in different discussion threads. If they do, they will be in a better position in the future. I know that the seniors of this forum are trying in various ways to make the newbies aware of this. The reason was that they always realized that "today's child is the father of the future."
Don't worry about them, at one point in time they will end up spamming the forum and the admins will have to ban them, it's not hard to know who have the best interest of this forum at hand, if they have interest in bounties only they will break some rules |
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I thought that was all your coins. Well I've seen LINK all around for a couple of days now, do someone think this could be a really good investment for long term or not?
Yes, I am also skeptical about LINK. It can be the best bet in 2021 looking at its growth. But no one knows if that can happen, right? No one knows if that will happen or not that's why it's always a good plan to only invest what you can and avoid putting your eggs in one basket, LINK is a good altcoin and there are many more good altcoins out there, diversification is the best way to go about it, Avax and Polkadot are very good too |
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Is the Electrum wallet really one of the best recommendation for bitcoin newbie ?
Tell me what is the reason. Currently I am still using an android phone for daily need and browsing this bitcoin forum.
Most standalone bitcoin wallets are open source, if you can keep your private key safe there won't be a problem, I've heard about Electrum countless times but I have never used this wallet, i use coinomi wallet to keep big amount of Bitcoin since 2017 and nothing happened to my asset till today, this coinomi wallet is closed source as I heard, my advice is keeping your keys safe must be your top priority |
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I have been looking for expanding my portoflio lately which will be included some altcoins. I don't prefer to keep my altcoin at exchange. That's why I'm looking for a wallet which I can use for storing some major alternative crypto. Can you recommend one which will have the following features-
1. Open source
2. Will share private key for every asset
Multi crypto wallet don't have private keys for every single assets, it combined all the assets into a private key or recovery seed only, if you are coming from a single wallet like Ethereum wallet for example you can import into multi crypto wallet like trust wallet by picking Ethereum only from the list of assets when opening a new wallet in trust wallet |
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Due to the high cost of ethereum in transactions, every time I make a withdrawal, I always use TRON, as the main choice because of the small cost.
what do you think, are you also doing the same thing?
For USDT Tron is the best choice since USDT is also on Tron network but you can't send ERC20 tokens using Tron or can you? There are other crypto projects that have low costs transaction fee too like Litecoin and XRP but I'm sure that if Tron value rise up the transaction fee will also go up, it will be same thing for every other altcoins with cheap transaction fee too |
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I won't dare invest in Bitcoin at a surging phase, it's too risky and I'm sure there is going to be some corrections too, the best time to invest on bitcoin is when price is down, the trick is always buy low and sell high, I've learned this in 2017 bull season
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We can't say exactly what the old of Nakamoto is or how he looks like, he might be old or young who knows? I believe the reason why this man went hidden is because of the government, if he is recognized by the world there would have been some threats or even few arrests is possible, cos the law saw bitcoin as a threat years ago
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Every smart contract projects get dead and abandoned tokens running on them, NEO isn't the only smart contract with tons of failed project, you should start judging Ethereum the same way too cos it's the king of smart contract that's full of shit tokens running on its platform, it's same with EOS and others too
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I am able to sleep at night because I only risk my own hard earned money, all the process of learning which project is fake or real by putting in some money was easier for me because it's my own money, imagine borrowing the cash and investing into crypto? That will put my ass in deep shit, newbies should abstain from such
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You are right, windows OS components can be easily compromised when downloading stuffs online but I find avast to be effective in this area, the software has real site security, when browsing through the web this software gives you the green light to only safe links and websites, even google ads are banned, very cool antivirus IMO
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About a year before it cost was about $200. For such a price it were the best GPUs. Right now you can get used Vega for $350-$450. This is not a good deal for GPU, that mined several years.
I'm guessing that mining is the main reason why this card is still very costly till date, every single gpus that got released for affordable prices turned to x2 of the price, even gamers have a hard time building a gaming PC because of overpriced graphic cards, it's not so good to buy a brand new GPU for mining right now unless you get discount price or you buy used GPUs |
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It seems like online is now more dangerous than offline, not even apps are safe for downloading anymore, this google for example allows cloned crypto wallets on their store and they failed to fish all fake apps out, now their search engine is even displaying scam links and phishing websites, google is a total failure honestly, to download the correct apps now you have to find their official sources and google seem like the only way, it's time to find other ways
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Central bank digital currency will represent every countries Fiat currency so that's more like a stable coin, we are going to use them if we like but not for investment purposes since they act like stable currencies, investors have zero reasons to invest in such coins
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Im curious, why is the first and second posts from new accounts with two activities? How did you promote this base protocol project with such low activities? Or you are using different accounts? Base protocol already have bad rep in this forum because of their old project, now that they have base protocol I expected them to change their ways but instead they decide to be mean, this project can't be trusted
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Hello community. Please guide me which coin i should mine using my spare cpu . First suggest me coin which generate even satoshi value of BTC per day profit. Then suggest me a cpu mining coin which has potential to pump 10x in long hold.
Forget CPU mining sir and go for GPU instead, all CPU that are Profitable for mining are too costly and bad investment for mining purposes only, buy GPU and have easy access to many coins and also more profitable than CPU, with CPU you will be stuck with Monero only |
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You need to know the difference between privacy coins and anonymou coins. Bitcoin for example is a privacy coin provided if you want to be private while dealing with it, that is why it is possible to tracked bitcoin on its blockchain using the blockchain explorer but yet can not be linked to your identity, that is why bitcoin and such coins that are like that are called privacy coins.
Coins like dash are different and are called anonymou coins, because they can not be tracked using any explorer.
About other coins reaching all time high, even the so called ether, bitcoin cash, litecoin and many others have not reach all time high, they are not even close to that. Only bitcoin reach all time high recently in December, 2020.
Tracking bitcoin can be linked to your identity, don't make a mistake here, you can only hide your identity if you don't want to change your bitcoin to Fiat, every crypto platforms that allows coins to Fiat transactions straight to bank accounts always have possession over users data like National identity card or international passport |
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Mango coin is very hard to sell because there is no single volume and it's been rarely traded in the exchange, I won't ever mine such coin because as time goes on the project might get abandoned and while you hold them you will end up with nothing, Viel is still better has it has over 25,000$ volume on exchange
Many POW coins I've mined before had a very low volume for start since they aren't listed on top exchanges but what is most important is the future development of the project and volume will come, everyone has the right to do their own research on the projects I mentioned before mining |
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