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1481  Bitcoin / Bitcoin Discussion / Re: I look foward to the day Bitcoin will have backer/tender on: May 16, 2023, 07:47:16 PM
The way the world is moving — internet connection globally is getting highly highly better in terms of adoption and overall stability, and will inevitably continue to move forward. Though it's technically an issue, I'd rather we focus on other things than "what if we lose internet connection?"
1482  Bitcoin / Bitcoin Discussion / Re: So when bitcoin version 2 satoshi? on: May 16, 2023, 06:28:32 AM
Bitcoin's distribution has been pretty fair — it's accessible to anyone that's heard of it and at the same time got interested in it.

If you want distribution to the point that even your grandchildren's grandchildren will have access to newly minted bitcoin, then you're pretty much describing a protocol with endless inflation. Might as well use your local currency?
1483  Bitcoin / Bitcoin Discussion / Re: OG Bitcoin Wallet Addresses Suddenly Active - Are they being hacked? on: May 16, 2023, 04:53:55 AM
MtGox aside, why can't people just make the assumption that maybe, just maybe, that OG bitcoin holders just want to move their funds? Why does it always have to be something very bombastic like a mass hacking?
1484  Economy / Trading Discussion / Re: How do you interpret low trading volumes that we see lately? on: May 16, 2023, 04:29:13 AM
I think it's pretty simple: low volume --> fewer people are interested in trading --> the market is likely to be highly more volatile.

Low trading volume can't necessarily give you better odds in knowing what direction a certain asset is likely to move towards.
1485  Other / Beginners & Help / Re: One beauty of heirachy in Bitcoin forum. on: May 15, 2023, 07:45:45 PM
The beauty of the hierarchy of Bitcointalk ranks is that it virtually doesn't matter when talking about discussion purposes. It only matters when talking about campaigns and marketplace purposes.
1486  Other / Beginners & Help / Re: How old are you now in bitcoin investment? on: May 15, 2023, 10:40:08 AM
7 years.

- Became more literate with money/finance/investing
- Protected myself from losing money through inflation, and at the same time earned a huge multiple over my holdings
- Prevented my financial information from being exposed to centralized entities — regardless if malicious or not

Not sure if there's a single valid reason for me to change my ways. Once you go non-custodial, there's simply no going back.
1487  Bitcoin / Bitcoin Discussion / Re: Bitcoin IS an asset. Do you think it's bad? on: May 15, 2023, 09:10:24 AM
To make it more simple and probably easier to understand, you can look at it this way.

Bitcoin (with a capital B) = the technology, the network
bitcoin (with a small b) = the investment, the currency, the asset, etc

It's somewhat a naming convention flaw that makes it a bit confusing for the uninformed.
1488  Economy / Speculation / Re: Bitcoin 2024 halving less than 1 year away on: May 14, 2023, 03:56:57 PM
It will be whenever most people(especially retail) least expects it. If most people think that the 'real' bull run will start at X date — chances are, it will happen earlier or later than that date. Markets dynamics are truly fascinating!
1489  Other / Off-topic / Re: Bitcoin memes on: May 14, 2023, 02:41:16 PM
Sorry OP, those memes are barely even average.


Definitely inappropriate for this board, and besides there is at least one main meme topic that unfortunately turned into an invalid image message.

https://bitcointalk.org/index.php?topic=5232907.0

Pretty weird — probably the first instance where I found out that imgur deleted some older photos.

Archive.org backup: https://web.archive.org/web/20200502164327/https://bitcointalk.org/index.php?topic=5232907.msg54030831#msg54030831
1490  Bitcoin / Bitcoin Discussion / Re: You are still very early on: May 14, 2023, 02:42:29 AM
1. Doesn't matter. We haven't reached close to how much demand bitcoin could get.
2. But yet we have so much hashpower.
3. These people will end up investing in some "cheap"(a.k.a. high supply) coins/tokens and end up getting totally burned.
1491  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: USDT sent to inactivated address! on: May 13, 2023, 03:19:06 PM
What do you mean by "inactivated address"? Do you mean a wallet address that you don't personally own?

Also, if you didn't approve any transaction, it might be the fact that your wallet got hacked. Hopefully it's not a lot — because the chances of you getting your money back is next to zero.
1492  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin vs XRP? on: May 13, 2023, 02:05:45 PM
Everyone is so against someone going against Bitcoin on this forum  Undecided

PEPE - a meme coin done more in a few hours than Bitcoin has done in years.
Yes it is rubbish but it made people money and that is what I am here for to make money.

Yes Bitcoin is safe but it also has limited returns compared to other altcoins.

I will take my chances with XRP - it will do a 10x in no time once it comes out they have won the case.

Yes, because everyone makes money with altcoin pumps /s. Always remember that trading is a zero-sum game, in which investing is not. If you're confident that you can outperform other people with altcoin pumps, then go ahead. As long as you pick the correct ones in the huge ocean of alts that isn't even going to get any public acknowledgement at all.


If you have maybe £50k to put into Bitcoin and want a 4 or 5X then that is great , well worth doing.

But I dont have that, I want to have that after this coming bull run and will make that with the alts I hold. I will then be in a better place to invest in Bitcoin and make good returns in the 2028/29 bull run.

You do you — but the fact is, it's a lot easier said than done to pick the right alts that actually ends up gaining a significant amount of price increase in a bull run. A lot of people always think that it's just as easy as "buy alts and sell at the peak of the bull market lmao". It's simply not the case. Especially if you make picks based on "price predictions".

But in the end, you do you lol. Best of luck.
1493  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin vs XRP? on: May 13, 2023, 08:47:49 AM
If you make your conclusions based on those brain-dead price predictions on YouTube or whatever social media, then you're bound to fail in trading and/or investing. Go make your own individual conclusions or don't trade/invest at all.

Also taking note that we're talking about the total utter shitstain that is XRP.
1494  Bitcoin / Bitcoin Discussion / Re: Don't follow the trends, work with price actions on: May 13, 2023, 06:04:48 AM
How is trading bitcoin or trading in general "disrupt" any market at all? Trading has existed since the dawn of humanity. How is it any different today? Trading will always exist as long as there's a market.


Also, today I learned: Bitcoin has been around for several decades already/s
1495  Economy / Economics / Re: Why you should use spare money to invest on: May 13, 2023, 04:09:16 AM
Nothing to see here besides just a slightly rephrased version of one of the most common bitcoin "investment advice" that has been frequently echoed through various communities since like, forever.
1496  Bitcoin / Bitcoin Discussion / Re: Make Bitcoin anonymous ? on: May 13, 2023, 03:45:57 AM
Nope. That's not possible. You send your coin from binance to your wallet, now the exchange knows who the owner of the wallet is. Since binance requires KYC and additional verification, they  know everything about you. Your name, address and other related things that is enough to identify you. From that wallet, where ever you send your coins, you can still be backtracked to your Binance identification. Bitcoin keeps you pseudonymous, not anonymous. Using the centralized exchange, you ended up losing your pseudonymity. And like other user said, using mixture also won't help you much.

Binance knows that you own that certain amount of bitcoin on that certain wallet address, but you can still cut the traceability to only that point by using coinjoins/mixers. So if you use coinjoins/mixers, any transaction you do that point forward, they won't be able to trace you (assuming you do everything correctly).
1497  Bitcoin / Bitcoin Discussion / Re: Make Bitcoin anonymous ? on: May 12, 2023, 05:22:20 AM
If you want high levels of privacy: CoinJoins or mixers

If you want just enough privacy for the typical person to not track your transaction history: just deposit on a no-KYC exchange and withdraw after a day

^Each methods has their own risks, so DYOR.
1498  Other / Beginners & Help / Re: The Man Who Saw Tomorrow on: May 12, 2023, 04:02:37 AM
True to it, bitcoin is not yet 20 years old, and we are already seeing very large transaction volumes that are taking almost forever to get to the recipients.

To be fair — we have no idea on what Satoshi meant by "large transaction volume", as what "large" means can be quite subjective.
1499  Bitcoin / Bitcoin Discussion / Re: Would you still do business with them? on: May 11, 2023, 04:06:19 AM
Can't really answer that question without having enough information.

* Why did they go bust in the first place?
* Is the CEO/leadership team a new team, or a different one?
* Is there a specific reason on why I should go back into using the exchange?
* etc.
1500  Economy / Trading Discussion / Re: Where can i get the crypto whales signal??? on: May 10, 2023, 06:32:05 PM
If you want to track whale fund movements — the moment they moved wallets(or executed buy/sell transactions), you're most likely pretty much late to buy/sell already lol.
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