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1421  Alternate cryptocurrencies / Altcoin Discussion / Re: Trading competition, a plus or minus on: July 03, 2020, 06:47:57 AM
I am not creating this post to engage in argument but to voice my opinion. To some some people, trading competition is a good strategy to increase the prices of coins, at first it may appeared so but in the end, trust me, it is the surest path to crash. Every single person in trading competition is there to make profit, no one is ready to lose,  everyone is waiting to pull out at the slightest opportunity either to make profit or to stop loss. Now you know why the price of such coin will go down below normal. It might also interest those participating in trading competition to know that it might also be a way to dump on you. No one is saying you shouldn't take part in trading competition but be smart. Everything that appeared to have advantages have also got disadvantages. I asked if is a plus or minus, I guess you know the answer by now.

Trading competition are actually useful for only a small number of large traders or another small group that are focusing on the specific coins. They hold no significance to small to moderate traders and for exchanges, it's a good way of keeping whales on the exchange. Even for exchanges, large traders are much more preferred than smaller ones that generates more traffic but less fees. Even if you are a large trader, it would not be good to change your strategy just for the competition.
1422  Bitcoin / Bitcoin Discussion / Re: Yes, there is a strip club that accepts bitcoin. on: July 02, 2020, 03:17:38 PM
Glad to see more and more places supporting crypto. And for a tourist centric areas like south east, bitcoin can act as a plus point for tourist who don't want to carry cash or want's their expenditure getting reflected on their bank account. They would also boost the economy and number of visitors. If I were to chose between an option of strip clubs, it would be this one as I don't know about how things goes in there but am comfortable with bitcoin.
1423  Alternate cryptocurrencies / Altcoin Discussion / Re: Just because it's called a shitcoin doesn't mean it really is on: July 01, 2020, 10:05:15 AM
I've got a news to share about shitcoins, the moment the coins that people are holding aren't surging when they want they will start calling such coins shitcoins, many called electroneum and apollo currency shitcoins last year but this year the coins start showing good signs, you don't have to make your money from Bitcoin or popular coins, you can make money from not so popular projects too, remember HEX? Haha I'm sure you guys know what I'm talking about.

People have their own preferences and perception. For most, the ones that doesn't yield them quick profit are shitcoins. But we as an investors can't call a coin good if it doesn't give us any profit in 4+ years. Some projects keep on doing the small tasks and keeps the coin moving while some coins development are only limited to their social media. And there's no straight line between a probable project and a shit project. It's better not to shame other coins unless it's a total scam.
1424  Alternate cryptocurrencies / Altcoin Discussion / Re: I won't bet on this on: June 28, 2020, 09:55:05 AM
PayPal is planning to implement crypto payment, that's not a bad news at all and we already have DeFi projects making Ethereum bullish this days.. that's two major news that can trigger bullrun soon but..... Don't make a bet on this, nothing might probably happen, actions speaks louder than words, maybe if PayPal actually get this done then, just maybe .......

Paypal would definitely get it done. Many of the payment processor are already into buying and selling crypto and Paypal would not stay behind. With paypal letting users buy crypto, it would be easier for a large group of people to buy crypto with their bank account/salary. This would be a positive thing for crypto adoption as many people are still struggling to buy crypto due to the hassle involved. There are many dapps in the past that has made Ethereum's network congestive but had no impact on price, the current Defi boom seems to be similar. Though ETH 2.0 is what we are expecting to boost the price of ETH.
1425  Alternate cryptocurrencies / Altcoin Discussion / Re: Smartphones aren't spywares attack proof on: June 27, 2020, 03:49:36 PM
Yes, there have been a recent study that found many popular apps like Tik Tok and Newyork times are uploading the clipboard data of users to their server. Imagine what would happen if someone misused that and obtained the private key that we generally copy paste. Just a day ago I needed to make a bitpay payment and needed an electrum wallet to scan a code. All I did was sent my private key through ethereum and copy pasted it to electrum mobile app. Just imagine how easy would be for the apps to know my private key.
1426  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Ethereum too tied to Vitalik Buterin? on: June 27, 2020, 09:06:17 AM
Ever since Ethereum came into inception, Vitalik Buterin has been leading the way for the project's success. While I have nothing against this, sometimes I think it defeats the purpose of crypto in its entirety. There's a reason why Satoshi created Bitcoin in the first place without revealing his/her identity to the public. The fact that everybody knows who created Ethereum, could greatly put the project at risk in the future. For instance, if Vitalik dies or something bad happens to him, the price per Ethereum could plummet on the market. Everything Vitalik says has an impact (either directly or indirectly) on the project itself. With Bitcoin, that's not the case since no one knows who Satoshi was. His/her contribution led Bitcoin to take its own steps after he/she left the project. If Ethereum wants to become a truly decentralized cryptocurrency, the project needs to distance itself from the founder.

What are your thoughts? Do you think Ethereum is too tied to Vitalik Buterin? If not, please explain why. Your input will be greatly appreciated. Smiley

 I think Vitalik Buterin despite being a co-founder of Ethereum blockchain, might not have much negative influence on the blockchain, I believe there are some other developers involved in the project which i think can handle the project in the event of the death of Vitalik. The Ethereum blockchain is purely a decentralized blockchain with smart contract applications and developers are ready to continue with the project to achieve its future positive goals

Unlike many other blockchain that has a close team and a showy founding member, Ethereum is a much more diverse project with a diverse community directly involved in it's development. Go to the official org site of Ethereum and they bring Vitalik just among some early contributors. He's not like so much of a limelight as Justin Tron and has a lesser involvement in decision making about the blockchain.
1427  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum's biggest contender? on: June 26, 2020, 04:52:27 PM
EOS is not much different from TRON and so is Cardano. And Ethereum is itself the most decentralized smart contract platform and it's likely competitor could be a centralized ones as it would be able to solve any shortcoming Ethereum may have due to it's nature. And I firm believe Ethereum would remain a leader on it's category as no newer coin could claim the level of decentralization Ethereum has to offer.
1428  Alternate cryptocurrencies / Altcoin Discussion / Re: Can a corrupt team cook a blockchain? on: June 25, 2020, 05:00:25 AM
I don't think the development team would probably make it happen so intentionally. They may have messed up the code and some of those are going some extra steps to make the things work. It would be much better if you stop using such projects that doesn't even no how to make things work out of the box and look for staking or mining coins that are easier and have enough documentation.
1429  Alternate cryptocurrencies / Altcoin Discussion / Re: How To See BAD CRYPTO INVESTMENTS! Cryptocurrency RED FLAGS! on: June 24, 2020, 09:13:30 AM
Some projects are just so glaring to be bad or scam without need to consult any prophet or link, there are some obvious red flags just enough to tag a particular project bad.  Nice one though, will check it out and see the merit in it.

No, initially we can't see if a project is just pure scam or not, unless you really do some research and contact the owner of the project and ask your questions. But as you can see on the video, he pointed out some flags, like projects blaming others for their failures, people behind doesn't have the capability to make the project took off because in the first place, they don't have knowledge. Nice vlogs, I envy those mining rigs though,  Grin and keep it up.

Scammers are getting better everyday. And i'ts getting difficult to be sure about any project. Invest only on those which you are certain of being a feasible project and don't invest even if you have a slight doubt. You also need to invest according to your strategy. Not every project can be equally important for everyone. Some people would love another bitconnect (Haze) while some would look for being involved in the community and be a part of success.
1430  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Success rate of hodling among top 50 alts. on: June 23, 2020, 04:48:04 PM
That would be a safe way to invest and profit if the expected bull run happens. But if the bull run didn't come up within the next 5 years, 50% of those top 50 (25) coins would be replaced by the newer ones. I would not recommend people to jump into 50 coins but to go with 5 to 10 coins you believe in. Holding till you get a good profit too might not be a good idea as there are no certainty of a bull.
1431  Bitcoin / Bitcoin Discussion / Re: Movie about SATOSHI Nakamoto on: June 22, 2020, 10:42:20 AM
~
No, it's just a movie and we should take it as a movie only! To make a movie worth watching, it has to introduce plot points, layers and suspicion elements. So take it as a movie only. I am sure it does not signifies anything to bitcoin. It may be just a prop to the protagonist.

Let's wait and watch!
I bet the movie is going to be a dark comedy rather than an actual portrayal of anything, if you plan on watching the movie just watch it as a popcorn movie and if you look at the movies Tom Sands helm as a director i have not seen any movies that is worth watching but his recent movie False Witness is not that bad and if he could come up with an interesting plot then i will watch that.

The producer did said that most of it's part are fictional and are for entertainment purpose. The movie revolves around satoshi and his girlfriend but he also claims to have made any reference to bitcoin as real as possible. The movie is not about bitcoin and we should take the movie as a light entertainment fiction than any research documentary.
1432  Alternate cryptocurrencies / Altcoin Discussion / Re: Oikos a scam project or what??? on: June 22, 2020, 10:11:13 AM
It's quite early to call them anything but as their defi is online already, they could be elongating the campaign to advertise for their platform. They are in a much better situation than most of the projects and their defi have some activities already. They are providing it in okios token so they don't have any large thing to lose except for the token's price which could again boost if the defi becomes a success.
1433  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Binance deserves the first Position on CMC on: June 21, 2020, 10:18:04 AM
There are no rule to define what should be used to rank the exchanges but Binance is really the number one if you take in consideration of every aspects. Binance was the pioneer of new generation of exchanges. It's not just google translated like many other exchanges. They have the most transparent fees and one of the lowest.
1434  Bitcoin / Bitcoin Discussion / Re: The Advantages of Bitcoin Recognized by Land Rover on: June 21, 2020, 07:01:46 AM
Land rover for most of us is a vehicle that can go where no other can. It's the one that leads every tracks and trails. And the importance they have given to bitcoin's creation is a tribute to the robust and sturdy system of decentralized payments. As safe and dependable as the land rover itself. A name that people can trust blindly.
1435  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH STOLEN BY......WELL JUST LOOK. YOU WILL BE SHOCKED! on: June 21, 2020, 12:18:41 AM
I have had a similar experience. The ending address is not that of a miner but an exchange. I've looked mine and others cases and have concluded that it happens with either stealing your private keys or mnemonic phrase or by fraudulent dapps getting access to your wallet. The first one can be done by keyloggers and clipboard malware or some screen recording malware. The second one are generally from fake clones of popular dapps and even a fake wallet.
1436  Bitcoin / Bitcoin Discussion / Re: Police Arrest on: June 20, 2020, 03:01:56 PM
Information reaching out by a local news outlet RNS, state that a former chief of Russia post local branch has been arrested by the Russia police on suspicion of running a crypto mining farm inside the office for almost six months. During the period of his mining the federal service of Starvropol territory has spent about 30,000 Russia rubles.

If you're to be the judge, how will you handle this issue of abuse of power?

I think there was government acceptance issue of mining and everybody should follow their government rules. Thought we think that its better for us but until government permission we can not deal this kind of work. Yes in maximum country now people doing this without government permission but that should not be publicly even my county also some people was arrested who posted in social media about crypto currency or mining.

thanks.

Testing mining with a few devices for educational purpose is a different thing but the chief of Russia post seems to be running a farm with government's electricity. These cases are not new as we've heard of people setting up farms on mosque in Iran for free electricity and even the NSA's supercomputer being used to mine coins.
1437  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Officially fraud!!!! sportbet.one on: June 20, 2020, 07:53:58 AM
You can post this accusation on Scam Accusations. Just follow the format that's pinned on that section.
[1] https://bitcointalk.org/index.php?board=83.0


Making as scam accusation  is not the right way for this one its better to contact the support and ask them to what is really happening and wait for the explanation .

Or make a post for the issue he experience in sportbets announcement thread here I am sure they can answer it there.

I talked with them. they say it doesn't concern us. I bet against the platform. it wasn't a fair encounter. and I shouldn't be a victim of this situation

The platform you made a bet with doesn't control the esport or the results. The esports organizer would have their own set of rules and ways of making decision. If you were to bet with any other platform, same would have been the result for all. There's nothing the platform could do in this case. If you don't like how things happen in that Esoccer live arena esports, don't bet on Esoccer live arena's games.
1438  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: AIR DROPS ! wasting time or not? on: June 19, 2020, 02:03:08 PM
Airdrops mostly can be done within a few minutes and you can just forget them. If the airdrop turned out to be good, you'll get exchangeable value of tokens, if not, it won't hurt either. But be sure to use a different email address and wallet for the airdrops as many fake airdrops are just made to get you emails. Social media engagement are not that bad as you can unlike/unfollow them anytime but be sure not to give these airdrop access to your personal info and contacts.
1439  Alternate cryptocurrencies / Altcoin Discussion / Re: Stable Coin Treasury keep minting coin why ? on: June 19, 2020, 11:01:20 AM
Traders and investors turn into stablecoin to secure their funds and profit. These so called stable coins with their unclear issuance and questionable holding of funds, makes it difficult for investors and traders to trust them. People expect stable coins to maintain their value even if the crypto market crashes. But we are getting more and more crypto backed stable coins which would have difficulty in surviving a crash as their escrow amount would turn negligible. While so called fiat based stablecoins issue coins without real dollar escrow.
1440  Alternate cryptocurrencies / Altcoin Discussion / Re: BSV ecosystem looks impressive on: June 19, 2020, 07:32:46 AM
Also I found another information about CW https://bitcointalk.org/index.php?topic=5250960.0

Don't know why many people there still believe in this coin since the creator of this coin has a lot of scandals.
BSV have been ridiculed many times because of the team involved and other things like scandal but there will be those who will still benefit from this project, BSV is big whether you like it or not, many said same thing about HEX too but investors make huge ROI from the project, the fact is you don't have to like the journey of a project, still this won't stop it's fate

Even if people profited from HEX doesn't mean it's a growing ponzi that's going to bust someday. They are another bitconnect on the making.
BSV could have been a good project but Craig Wright's involvement into them neutralizes any positive reputation it may have. It would be better for the developers and community to move out than to work under a fraud.
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