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1561  Economy / Trading Discussion / Re: Best Non-KYC Methods for converting fiat -> Bitcoin? on: February 08, 2022, 06:57:55 AM
You can choose non-KYC platforms to use but they don't allow you to trade or trade partners don't agree to trade with you at high value.

So if you are planning to trade with big capital, you will have to do it many times. It is only matter if you have big capital. For small one, go ahead with them, no issue at all.

Check some from https://kycnot.me
1562  Economy / Speculation / Re: Bitcoin - 10 Years Investment Analysis on: February 08, 2022, 05:12:00 AM
Depends on your current age, if you are old, you might have a shorter plan, within 5 years.

If you are young enough, your plan should be longer, 10 years or 20 years. So if you have such plans up to 20 or 30 years, you won't have to mind much about when Bitcoin will reach to $100,000 or $500,000.

If you are in twenties, why do not make your plan for 40 to 50 years? If you don't have long term plan, can't not hold, you can't get rich.

In a long run, long term investors will get profit if they use pocket money for investment and don't get the market kill them by margin calls, liquidations.
1563  Alternate cryptocurrencies / Altcoin Discussion / Re: Which is better: Ethereum or the Binance Smart Chain? on: February 07, 2022, 12:13:05 PM
Better on what aspect?

Ethereum is better if you are considering the size of its ecosystem but it is worse if you are considering about gas price, transaction fee on ERC-20 chain.
Binance Smart Chain is better if you are considering about its gas price and transaction fee which is much lower than ERC-20 chain.

However, if you are only considering quality of a project like this, shit altcoins are better than both Ethereum and Binance Smart Chain because they have nearly zero transaction fee. Seriously they are shitcoins and mostly can not survive more than 4 years. So are they actually better than Ethereum or Binance Smart Chain? In my opinion, they are not.

Back to your question, Binance Smart Chain is not better than Ethereum.
1564  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Axie Infinity - A new Ethereum game similar to CryptoKitties [SPECIAL PRE-SALE] on: February 06, 2022, 07:54:13 AM
Axie Infinity was once considered to be the best game and it gave more revenue to the people as they would have got on the 9 to 5 jobs in third world countries. But now Axie Infinity is not a money making game on which you can feed your family.

Now that you won't be able to generate SLP by playing easy adventures games, this means the people who have hired scholars and have invested a lot in this game, will be at a big loss.
Everything has tops and bottoms. Axie Infinity has an amazing and unbelievable long growth since 2020. I don't attack any AXS fans or investors, and here I am just expressing my thinking. Personally I did not believe Axie Infinity can maintain its price at high for months but indeed it achieved that. Its all time high is unbelievable already but how long did it stay at all time high range is more unbelievable.

The biggest NFT video games economy is collapsing because NFT games don't work

But I see positive strategic changes from Axie Infinity. The project has no longer focus its economy on PvE and shifted it towards PvP. That is smart and must switch because PvE is unsustainable. The project, the ecosystem can not attract huge new users at same rate over time. That means if the customer growth stops, slow down or decrease dramatically, PvE-based economy will put price falls down significantly as well.
1565  Bitcoin / Bitcoin Discussion / Re: Who creates more impact in bitcoin price the Hodlers or Investors? on: January 31, 2022, 07:29:00 PM
The question is not accurate. Hodlers are investors but it seems they are not in the question. I think the question should be edited to "Who creates more impact in Bitcoin between hodlers and traders?"

Traders are not holders or holders. They are not investors. Unacceptable fact for traders, there are more successful investors then successful traders. Bitcoin hodlers are most successful entities on the market, they are more likely whales so that they will have more impactful power on the market as well.
1566  Alternate cryptocurrencies / Altcoin Discussion / Re: Transfer Fee of ETH and BTC on: January 31, 2022, 07:18:19 PM
If it is on chain transactions which need confirmations on the network, you will always have to pay transaction fee.

If it is credit transactions inside a system, it can be free but it does not mean you really own any coins. It is just a credited number which is not real coin.

Transaction fee of Bitcoin is much cheaper than that of Ethereum. Check with https://withdrawalfees.com/
1567  Bitcoin / Bitcoin Discussion / Re: Need for a Decentralized Cloud Network in Securing Bitcoin Data on: January 31, 2022, 06:52:48 PM
Your personal bitcoin data, such as private keys, shouldn't be kept in any of those services, neither in that cloud you mentioned. They should be kept offline (in paper wallet, hardware wallet, airgrapped computers, etc) for security reasons.
Private keys should be kept offline.

I know some people store their private keys or passwords in email, Google Drive, Dropbox, screenshots, facebook status (even in secret mode, it is not safe), etc.

[Guide] Secure air-gapped crypto wallet storage method
[SECURITY | GUIDE] How to protect your wallets and private keys
1568  Alternate cryptocurrencies / Altcoin Discussion / Re: Hidden Gems? on: January 31, 2022, 06:29:57 PM
Two sides when you are looking for hidden gems.

It means you want to find some risky investment. From whatever investigation from your side, hidden gems mean risky and less safer than investment into old and verified projects by the market after many years.

You can not call Bitcoin or Ethereum is scam and there is no rug pulls with them in future. Hacks can happen, projects can fail but no rug pulls after all.

For hidden gems, you will have to face with rug pulls that are definitely nighmares.
1569  Other / Meta / Re: Recovering account on: January 31, 2022, 04:52:27 PM
Secret question reset doesn't work, may that's what you read about.
Secret question does not help to recover account access but it works in another way, lock your account. It was applied since May 2015 hack.

PSA: ACCOUNTS WILL BE LOCKED IF THE SECRET QUESTION IS USED TO RECOVER IT
1570  Bitcoin / Bitcoin Discussion / Re: Need for a Decentralized Cloud Network in Securing Bitcoin Data on: January 31, 2022, 04:47:35 PM
Do we need such service because with Bitcoin we already have decentralized system for data storage, transaction processing and verification, etc.

All of these tasks can be done with Bitcoin wallets, nodes (full nodes, prune nodes) and it is safer than any cloud storage service if you ask me. Don't try to find alternative which is worse than Bitcoin. We have a best one so let's keep it simple by using it and don't look for any alternative.

The Bitcoin network - Mastering Bitcoin
1571  Other / Meta / Re: Bitcointalk.org rules: 13, 21 or 32 on: January 31, 2022, 04:10:02 PM
I thought so too. In the Russian translation there was an explanation about "useless messages". But if the moderators consider this a violation, then I will edit my posts.
Fraudulent projects used different accounts and the rules were not violated, and when you write about normal projects, you get complaints.
It depends on moderator perspective who handles your case. I recall about a topic which was created and had many update posts. It is a service thread and later moderator deleted many update posts. When the topic author created a topic in Meta to ask about it, the answer is exactly what suchmoon said. Update posts are considered as bumps. So it would be merged or include in OP by editing it.

It depends on each moderator when applying rules and assessing update posts.

Quote
23. When deciding if a user has broken the rules, the staff have the right to follow their interpretation of the rules
1572  Bitcoin / Bitcoin Discussion / Re: Bitcoin White Paper - Now available in 40 Languages on: January 31, 2022, 03:31:33 PM
Against or oppose, sooner or later they will accept Bitcoin because in an era when the world accept Bitcoin as legal tender, it's weird if any nation stay outside the global adoption.

We call and consider Bitcoin as digital gold so when its time comes, the world will accept it like physical gold now. No nation will be against it. Furthermore, Bitcoin is much better than physical gold from technology, security, privacy and convenience in its use cases.
1573  Bitcoin / Bitcoin Discussion / Re: BTC power consumption on: January 31, 2022, 03:17:34 PM
Bitcoin does not consume more energy than many nations or many industries. Bitcoin does not use too high proportion of un-renewable energy than others.

However, it is bad because it is Bitcoin that in turn makes it as a target of accusation for environmental issues, global warming etc.

Bitcoin Mining Council Survey confirms sustainable power mix and technological effeciency in Q4
Bitcoin Mining Council Q4 Briefing
1574  Alternate cryptocurrencies / Altcoin Discussion / Re: The possibility of cryptocurrency regulation in the metaverse on: January 31, 2022, 03:00:34 PM
The metaverse is the new cryptocurrency environment and this time the virtual world is gradually taking over the physical world and activities, most business and new development in various sectors have moved their business to the metaverse and the truth is regulators are beginning to see the possibility and crypto regulations in the metaverse which is one thing most crypto enthusiasts are worried about the total privacy of the metaverse and privacy will look like in the new era.
Everything will be regulated at different levels. Governments won't allow us to have total freedom from regulation.

Firstly, Metaverse must survive. Metaverse projects must survive in bull then bear market.
Secondly, they will have to survive through stricter regulations by governments from local to global scales.
Lastly, we will see Metaverse changes the world.
1575  Other / Beginners & Help / Re: I don't know if this will still help us to recover lost passwords and our coins on: January 30, 2022, 03:57:32 PM
If a password is very strong, chance to brute force it is very very low. I could be wrong but if a password can be brute forced, it might be not a strong and good one.

[GUIDE] How to Create a Strong/Secure Password

There are guides and Youtube videos to brute force wallet or password as well. Chance is nearly zero if a password is very strong and if you don't have any hint to brute force it.
1576  Other / Meta / Re: Studying the activity of Satoshi on the forum! on: January 30, 2022, 03:02:18 PM
Two big lists all about Satoshi Nakamoto and Faketoshi

The List Satoshi Nakamoto Thread
I gathered every Satoshi Nakamoto thread.

The account of satoshi is: https://bitcointalk.org/index.php?action=profile;u=3
You can manually check satoshi's posts if you have time.
1577  Economy / Trading Discussion / Re: Any reputable exchange that lend DEFI tokens?? on: January 29, 2022, 04:19:18 PM
Get them in [BIG LIST] Crypto Assets for Staking + Staking Providers !!!. Staking providers with 2 parts

I don't understand why do you need exchanges for that? DeFi means you can borrow and lend on it already. It is not good to go from decentralized to centralized platforms just because of lending.
1578  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: January 29, 2022, 04:03:00 PM
Among the teams that challenged Juventus this year, only Napoli came close.
Juventus are behind Inter Milan, AC Milan and Napoli so why did you mention only Napoli?

Juventus are improving themselves and can challenge AC Milan and Napoli for a second and third position in Serie A. However, it is more accurate to say Juventus are challenging others, not vice versa.

Quote
It doesn't matter what the case is, this achievement won't help them to get top position. It is already game over for this season. However, Serie A will surely be interesting this year. We're trying to predict who's gonna place in the top 4 of the Serie A this year.
Atalanta is another club will fight together with AC Milan, Napoli and Juventus for 3 positions in top 4 of Serie A. It is a very exciting and unpredictable competition.
1579  Bitcoin / Bitcoin Discussion / Re: Xi, Putin wants Bitcoin without wanting Bitcoin on: January 28, 2022, 05:14:20 PM
I believe everyone must have heard/read the announcement that Russia is interested in allowing Bitcoin mining, and Bitcoin protocol usage itself?

This is the narrative behind it, https://edition.cnn.com/2022/01/26/investing/swift-russia-ukraine/index.html

If Russia invades Ukraine, the E.U. and the U.S. will sanction them and ban them from using SWIFT, therefore isolating their banking system. If only there was an open, permissionless protocol that can be used as a fall back for their banking system. Cool
They don't prohibit, ban Bitcoin. It does not help them in any aspect. They can not react like a weird nation in globalization. We are moving farther to globalized Bitcoin adoption so Russia or any nation will have to follow the global trend.

Not only Russia but I also believe many nations should feel happy if their national budget increase a lot because they own Bitcoin. I think it is reasonable if any nation announce that they have national allocation for Bitcoin to reserve capital better for fight against inflation. It sucks when governments themselves have to find other alternatives which are better than their fiats. Do you think Russia, USA., China don't own any Bitcoin for their countries?
1580  Bitcoin / Bitcoin Discussion / Re: Kazakhstan cripping the bitcoin network on: January 28, 2022, 05:06:04 PM
This price is very good as compared to developed countries as well. I do think we will soon be seeing an era where the small countries take over the mining. This could help them financially as well. The redistribution of wealth is very long due.
Not only in Kazakhstan but also in other countries where we can have cheap energy sources in order to convert them to electricity for mining. El Salvador is one of such countries with free thermo-energy from volcanoes.

With mining, it is risky if you have to invest into mining rigs, ASICs in case of Bitcoin, pay for electricity bills and in some periods, with market bearish or crashes, you will have to afford to temporary loses. It is why in some periods, we see big capitulation from weak miners. If miners use cheap or free energy, they won't capitulate too easily.

I think you're putting too much confidence in the average investors logic Cheesy. I'm pretty sure certain investors have been fooled several times about Bitcoin being a bubble, and x country bans Bitcoin, and therefore we're going to see it go down to zero. The thing is most of the news is rehashed crap, and there's generally never any real reason to listen to them, as it's mostly pushing their own agendas.
They are just manipulated by news, bans, FUDs but if they have strong belief, diamond hands, and don't have pressure from margin call, they can keep holding, keep mining and wait for better times to take profit.

Endthefud.org. See Energy section
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