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1541  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coin do you think will become next Ethereum? on: October 23, 2020, 06:51:37 PM
This is one of those questions like what coin will be the next Bitcoin. There will be no next Bitcoin because of the logo, the brand it built and the fact that as a program it can be upgraded.

Since the 90s people are asking what is going to be the next microsoft windows. The answer is the next windows is a new version of windows!

Not really much into altcoins but I think XRP (Ripple) or maybe EOS well this is just what came first to my mind but I don't think they will not be able to replace Ethereum since Ethereum is Ethereum they maybe their best version of themselves as of now based on their used.

No chance! These are both total shitcoins with extremely weak hands investing and large losses in the last bear market.

1542  Economy / Speculation / Re: BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH? on: October 23, 2020, 06:18:09 PM
We will reach 20 thousand I'm just not sure if we can do it in this wave and before the end of the year but this move was extremely bullish for bitcoin.

Like I said a few times before there's no real resistance between 14000 and 20000. If we break 14 we'll go up even faster than we went from 11 to 13.
1543  Bitcoin / Bitcoin Discussion / Re: Darkside Hackers donating Bitcoins on: October 23, 2020, 02:08:41 PM
They want to stir things up. I don't think it's a legit donation by them. It's just such a small amount for them and they aren't trying to donate to a lot of charities just poking here and there to see themselves in the news.

It may ba an attempt to give Bitcoin a bad name because the charities might get scared and disable their Bitcoin donations or they might spend the money and then the hackers will say it's no longer dirty theft money if it can help a cause.

Are they playing robin hood and trying to clear their names saying it was all to help others? No way. I'd have to see them donate it all to believe and I can bet it's not going to happen.
1544  Bitcoin / Bitcoin Discussion / Re: Do you think this is the start of mass adoption in Bitcoin? or Nah? on: October 23, 2020, 12:58:56 PM
The recent purchases of Bitcoin by companies as a hedge against the crisis and bank shutdown and now PayPal are going to build a positive image of Bitcoin in the heads of all those who were considering it in 2016 and 2017 but were told by the mainstream media that it's a bubble.

It's an important step on the road to adoption. If PayPal could get us 2000 USD up this month what will other institutional investors do?
1545  Bitcoin / Bitcoin Discussion / Re: Paypal is doing it on: October 23, 2020, 12:34:39 PM
Why would you bother with the scammers payment service - PayPal, when you can use Bitcoin?

It opens the door for non-bitcoiners to enter the world of cryptocurrencies.

We need to bridge the gap between banks that hold our money and can say no, we won't process your transaction because it's from or to a bitcoin exchange and we do not support cryptocurrencies.

The more companies offer these people who are now stuck with stubborn and nosy bankers a way out, the better.
1546  Economy / Speculation / Re: Bitcoin broke $13k today on: October 23, 2020, 12:07:37 PM
I think it will go above $ 15k in the near future, I saw bitcoin price correcting and stabilizing for so long yesterday that many new investors came with big bucks to buy it back, so let's wait for new surprises from bitcoin apart from news coming from paypal and others

15000 is not much of a resistance. There's really no resistance between 14000 and 17000 and even 17 is a weak resistance barely touched in 2017 dead cat bounce.

If we're able to break 15 thousand a shot at 20 is coming for sure.

On the other hand if we form a double top at 14 thousand it's going to be Jul 2019 all over again.
1547  Bitcoin / Bitcoin Discussion / Re: Jamie Dimon's ( "Bitcon is a scam") Bank -JP Morgan Chase- Fined 1 Billion on: October 23, 2020, 11:40:48 AM
I knew they were doing it when there were reddit threads years ago that when Bitcoin market reacted to the first tweet about Bitcoin by Dimon he quickly made tweets about bitcoin his habit.

He also said that he'd fire any employee engaged in bitcoin trading but his bank was found wiring money to exchanges to buy bitcoin. So was it all taking place behind CEO's back? I doubt it!

Then he admitted in some interview that his daughter is a Bitcoin trader. It really started to make sense.

If they were manipulating stocks and attacking bitcoin, they were also trading bitcoin, I'm sure of it.
1548  Other / Archival / Re: Why you should not use Paypal for Bitcoin on: October 23, 2020, 11:02:27 AM
In 2018, ex-CEO Bill Harris called Bitcoin is the greatest scam in history, and now PayPal is going to support it. What has changed?

Maybe that's one of the reasons why he's a former CEO?  Grin

The current CEO is also a piece of work.

In January 2019 he wasn't a Bitcoin supporter.
https://in.news.yahoo.com/paypal-ceo-shades-bitcoin-not-154012219.html
"CEO Dan Schulman expressed skepticism about mass merchant adoption of bitcoin, noting that there are very few retailers that currently accept crypto."

He was also a "blockchain not bitcoin" guy  Sad
"Schulman: Crypto Is Not Really a Currency
Schulman is leery of hopping on the bitcoin bandwagon because he believes crypto's main role is to showcase blockchain technology."

Below is an article from November 2019 where he suddenly changed his mind.
"CEO of payment processor PayPal Dan Schulman revealed during an interview on PayPal’s departure from Libra that the only cryptocurrency he owns is Bitcoin."
https://cointelegraph.com/news/paypal-ceo-hodls-bitcoin-and-only-bitcoin

There's also this:
"According to recent comments from PayPal’s co-founder, Luke Nosek, the payment company was reportedly initially looking to create its own digital currency long ago"
https://toshitimes.com/paypal-co-founder-admits-original-mission-of-paypal-was-creating-a-global-currency-much-like-cryptocurrency/


I think that after Libra's failure they just gave up and went with the next best thing.
1549  Bitcoin / Bitcoin Discussion / Re: Google news is spreading FUD on: October 23, 2020, 10:39:42 AM

I think whatever mainstream is pushing is a contrarian indicator.

If google news is pushing bearish news, then it's probably going higher. Smiley

It's not pushing anything!

It recommends you popular articles in your country. Actually these articles are rarely mainstream. My google is recomending me stock exchange portals and my local news portals that say something about Bitcoin. I don't even have that article from cointelegraph mentioned in the beginning of the thread in my recommended news.

Most likely OP was reading cointelegraph lately, or people in his country read it, or both and google added 1 and 1 and he thinks he's getting FUD delivered directly to his phone or whatever.
1550  Alternate cryptocurrencies / Altcoin Discussion / Re: Why didn't PayPal decided to use xrp than Bitcoin? on: October 23, 2020, 10:20:55 AM
XRP is a centralized shitcoin with large % in the hands of the Ripple company. Pumping it means paying those bastards because they are regularily dumping their coins to pay themselves wages.

Ethereum, Litecoin, and Ripple could have been a better list.

OMG what?



Maybe in the future PayPal will add other cryptocurrencies to its service... The fact that they added bitcoin and a few more coins is just the beginning of integration! I think that all this will not happen right away and not even in one year...

Let's hope they won't consider XRP.
1551  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: I feel sorry for the EMIREX bounty hunters $20 for 9 months of waiting on: October 20, 2020, 06:02:25 PM
Bounty hunters are getting scammed left and right and I don't even feel bad for you guys because you knew what you're getting into.

You just can't believe them when they say that you will get this or that with such and such value. There's always a catch.

Either they don't pay you or they add KYC rules to claim the reward, when you do KYC they say you can't be allowed because your country is not supported or some other stupid explanation and when you finally jump all the hurdles your token won't get listed or it will get listed on some shady exchange, or it wil get listed for cheap, or the dev team will dump their bags right before you get your coins distributed.
1552  Bitcoin / Bitcoin Discussion / Re: BitCoin and bitcoin high transaction fees on: October 20, 2020, 05:50:01 PM
The transaction fee in the last month has increased massively. This is all because of the large number of transactions getting congested on the network. Higher the demand is a cause and the transaction fee is spread with the miners who is responsible for the network to function without congestion. In recent days rise the fee has increased more the five times of the old fee.

Right now the better choice is to trade it for low transaction fee based assets and then once again change it back to bitcoin at the right moment of market fluctuation so to equalise the value.

It's not only because of higher demand.

There were many cases of transaction spam like in 2018 when fees went through the roof because BCH was trying to advertise as "the new king" and successfully spammed the network with small transactions.

There were also a few instances where companies tried to advertise via blockchain transactions sending dust to random wallets so that their owners would investigate, look into the transactions and discover that they contain messages, or a sender address is a unique vanity address containing the name of a company or a catchphrase.

OP's mistake is trying to send small transactions like 1000 rupees, which is about 13 dollars when a network fee for the transaction is 3-4 USD but think how cheap it is for someone who moves 100 thousand USD or a million.
1553  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin has the properties of an employment opportunity on: October 20, 2020, 03:39:37 PM
I can see that OP meant bitcointalk not Bitcoin but its fine.

Bitcointalk offers many job opportunities to its users and I won't be exaggera when I say that some of its users made fortunes on the forum. If someone took part in a signature campaign in 2013 or 2014 and held at least until 2017 he can easily afford a house of his dreams. It's the same with people who got Bitcoins from that faucet that was available on the forum in the early years.

As for bitcoin, the opportunities to start a business that accepts crypto payments are huge. A bitcoin sign works as free advertising when placed on your website.
1554  Alternate cryptocurrencies / Speculation (Altcoins) / Re: bitcoin and altcoins bull run every 4years. how many years already? 🐂🐃🦈 on: October 20, 2020, 03:24:41 PM
Really? 4 year cycles?

The first big bull run was in May-June 2011 when the price went from below a dollar to 29 dollars.
Then in March 2013 it broke the previous ATH and reach 230 dollars.
The cmove from one ATH to another took only 2 years back then.

Next in the same year in November it broke the ATH from March and established a new one at over 1100 USD.

Tee next official bull run was in March 2016 when the price went above the previous ATH from 2013 and this actually took 2.5 years.

I don't get why some people are trying to make you see a 4 year pattern here where there was none.
1555  Alternate cryptocurrencies / Altcoin Discussion / Re: Your Portfolio before and after the pandemic on: October 19, 2020, 07:32:19 PM
There's completely no change in my portfolio or my monthly income. I had no need to sell anything in the last 6 months.

I still have a stable income and I'm still able to make some profit from occasional trading. I have not bought any new projects because I'm waiting for BTC to explode before I spend some of it on gambling. That's what investing in new alts is - gambling.
1556  Alternate cryptocurrencies / Altcoin Discussion / Re: Time that there will be no new altcoin projects anymore on: October 19, 2020, 06:41:51 PM
There are 2 things that might destroy the altcoin scene. The first one is the death of Bitcoin, the second is the rise of Bitcoin to the level of world reserve currency.

The first one would probably make people dump all crypto and move to something else but this outcome is almost impossible. The second one would show that bitcoin is already chosen as the widely used payment system and there's no need for any altcoins. I think this will also never happen and bitcoin will be more of a long term investment than a currency.

So chances are there will be a need for altcoins Smiley
1557  Bitcoin / Bitcoin Discussion / Re: Need help with feel-mining, scam or not? on: October 19, 2020, 05:48:16 PM
You won't actually buy the machine as stated in the website. That is misleading because you don't physically own it. I doubt that they will even give you any document proving your ownership. They control the machine while you pay for whatever service they charge you.

Another thing, I would stay away from any platform that offers cloud mining service.

Wasn't that what Genesis Mining was doing? They'd sell you a lifetime mining contract and after a year send you an email that due to difficulty change your contract is no longer profitable and will be closed. At least they had real miners but they were cheaters in their own way.


Referral codes are normal in this business.

If you read some of the reviews you'll see that most of these people were doing staking with them which is much cheaper and can realy be done with just a few dollars worth of altcoins that you can get for free from various airdrops and campaigns.

It's also easy for the company to run a legit staking business because they don't need any hardware to do it.

I really doubt that they have a real hardware mining facility and that you will get what you pay for if you buy one of those 2000 dollar antminers.
1558  Alternate cryptocurrencies / Altcoin Discussion / Re: The rise of BCH on: October 19, 2020, 05:35:49 PM
BCH acts like BTC. The coin doesn't have any real world use so it simply mimics Bitcoin's moves with a slight difference. Its lack of trust and recognition compared to BTC makes it always dump harder.

If BTC goes down 10% you can expect 12% loss on BCH at the same time. Knowing this why not simply by the real deal? You want to play arond, buy some cheap altcoin and hope for a pump. You want the safest investment - choose BTC. Coins like BCH, BSV, and since 2018 LTC are a waste of money.
1559  Bitcoin / Bitcoin Discussion / Re: Need help with feel-mining, scam or not? on: October 19, 2020, 05:17:30 PM
I treat every company that offers cloud mining like a scam because there were at least 50 of them discussed on the forum over the years and probably 45/50 never had any miners to begin with. Out of those who had you had to really work your ass off to make money like get a few people use your referral code and such.

They're offering miners at some really low prices which is also suspicious. Like if you check out some links like https://www.asicminervalue.com/miners/bitmain/antminer-s19-pro-110th
you'll see that the lowest price for S19 is close to 3000 USD. Even the official resellers like https://www.antminerdistribution.com/antminer-s19/ have it at 2700 EUR and they are claiming to have it ready for shipping at 2200 EUR.

It's possible they're trying to sell cheap but usually when you see something for cheap there's a catch.

It's also strange that they have so much money to have all those expensive miners in stock but they can't even get their site translated. When you go to EN version and click around you'll see that hallf of the stuff is still in French. Like this part https://feel-mining.com/en/product/asic/antminer-s19 or this https://feel-mining.com/en/product/staking/loki-network


1560  Alternate cryptocurrencies / Altcoin Discussion / Re: Why hesitate ???? on: October 19, 2020, 04:50:11 PM
You hold a coin for years just to go back to it's ATH (All Time High) ? And most times majority of coins don't go back to their ATH ever again, what could you learn from this? Never ever hesitate to take profits, even if the project is the best ever, take profits, invest again when price is down because believe me, the price will surely go down

It's easy to say but you never know what is going to be the ATH.

If you look at the charts day by day they usually show the same pattern of 2 steps up 1 step down. So a coin goes $200 up and then corects $50-100 and goes up $200 up again.
How do you know that day is going to be the last one where the move up is twice as strong? You hold one more day and it's down 50%.

That's why people usually end up holding bags.
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