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161  Alternate cryptocurrencies / Altcoin Discussion / Re: MUMU the Bull, the next Shiba?? on: April 06, 2024, 08:01:32 PM
✅Has been holding the $20M market cap as floor price.
✅Has over 44k DEX followers, excluding those on CEX (Bitget, Gateio etc.).
✅Has strong backing from bulls, etc.
It is easy for the market capacity to be manipulated as the real amount may be in the region of $5 million. 44k DEX followers is a simple number that can be purchased for a few thousand dollars. If there is no real activity and it is not driven by bots then there is nothing special about MUMU.
Bitget has been listing good projects for the past year but a lot of low value tokens have moved to it recently, Bitget listing is not that big thing.
162  Economy / Economics / Re: considering the advantage of Fiats over Cryptocurrencies on: April 06, 2024, 07:49:36 PM
Centralized exchanges are different from blockchains, different from altcoin. if you use an open source wallet in an airgapped system, your currencies are safe as long as you are the only one who knows the seeds. If you buy Bitcoin and your intention is to invest in the long term, the risks are almost non-existent.
163  Economy / Service Discussion / Re: illyvoip.com accepts bitcoin payments for voip, did and sms on: April 06, 2024, 07:27:44 PM
Although the domain is from 2020, I did not find many reviews about this service. The domain does not contain active visits, and there are about two negative reviews about the service. https://www.scamadviser.com/check-website/illyvoip.com
I do not advise anyone to use them.
164  Other / Beginners & Help / Re: why storing trust wallet in a hardware more recommendable than i mobile devices on: April 06, 2024, 07:09:11 PM
Trust Wallet does not have a desktop version and the only version available is the desktop browser extension, which is considered less secure compared to the Android version, as you will be safe if you do not download random applications to your phone.
Trust Wallet is closed source and there is an open source alternative https://unstoppable.money/
165  Other / Off-topic / Re: 73-Year-Old Michigan Woman Believed She Won Over $3M but got SCAMMED for $700K on: April 06, 2024, 06:57:45 PM
These elderly watch TV are easily lured by lottery companies and scammers have found a way to convince her that she has won that amount and that she needs to pay the tax money and money for the car she won. The federal government report says that the amount is about 3 billion annually, most of which is from people claiming to be bank employees or government officials.
166  Bitcoin / Bitcoin Discussion / Re: Security tips for making encrypted backups of your seedphrase. on: April 05, 2024, 08:18:00 PM
Some wallets such as Electrum, Sparrow, Bitcoin Core and Schildbach wallet have a functionality to import/export encrypted backups with your wallet's encryption password, and this is very interesting, as in addition to being done in a theoretically safe way, you don't need to resort to other third-party encryption methods that may compromise your seedphrase. With this encrypted digital backup, you can easily make multiple copies and spread them to different locations such as pen drives, SD cards and the cloud.
Making an encrypted digital backup is safe if the password is secure, but making several copies and publishing them online or uploading them to the cloud is not a good thing. So, if you use a strong password, you will definitely keep it in digital form, so reduce the number of online copies and keep the password on a separate device that does not connect to the Internet. Buy a high-quality USB stick to ensure a longer lifespan of data on a USB flash drive and better protection from shocks, as some bad types lose the data within 5 years.
167  Economy / Exchanges / Re: Bitmore is a main Ukrainian cryptocurrency exchange without verification on: April 05, 2024, 08:01:13 PM
The service introductory video is in Russian, while the website version is in English.
What is the actual service age? Is it the age of the domain or the age mentioned in BESTCHANGE?
7 million dollars in reserve is too much, but after reading the number of branches, this service has many branches. Are there any pictures of those branches?
168  Alternate cryptocurrencies / Mining (Altcoins) / Re: ETC pools are shutting down one by one ... on: April 05, 2024, 07:35:01 PM
The chain has even suffered 51% attacks more than a couple of times: https://neptunemutual.com/blog/ethereum-classic-51-attacks/
ETC is still POW and mining it may bring some profits and it is better to sell it directly rather than take it as an investment.

mikeywith has something to say about F2pool — https://bitcointalk.org/index.php?topic=5481246.msg63489044#msg63489044. You might want to think twice about it.
f2pool is not the only mining pool that tries to lick the government's boots, and they are the second pool to do this list, but the only difference is that no one asked them to do that.
169  Alternate cryptocurrencies / Altcoin Discussion / Re: How to invest 1k in altcoins on: April 05, 2024, 07:10:42 PM
Diversifying investment means investing in asset classes that are not related to each other or are inverse in nature, such as gold and the dollar. Assets that are not related to each other can include cash , cryptocurrencies, gold and silver,  metals, stocks, or any asset whose value is not linked to these assets.

In cryptocurrencies category, most cryptocurrencies follow Bitcoin in terms of price, so this is not diversification, but rather distribution of risks. The more you invest in an altcoin with a low market capacity, the greater the risks and the lower the chances of achieving profits.
Coins that may be good for short-term investment are L2 tokens, memecoins, AI coins.
170  Alternate cryptocurrencies / Altcoin Discussion / Re: The most unique coin. on: April 05, 2024, 07:02:33 PM
The Bitcoin white paper did not talk about simplicity, long-term investment, fair distribution of wealth, and decentralization of wealth. On the contrary, in the early years, many thought it was a dead project, especially in 2013. Bitcoin came to be an alternative for those who do not want to trust banks or any third party to conduct Banking transactions and its philosophy came after what happened in the year 2008 and is an extension of the efforts of many ideas, but not all of them included the concepts of fair distribution of wealth.
For simplicity, what are the difficulties in managing the SPV wallet that were mentioned in the white paper? you need is to download a program and save 12 words on a sheet of paper.
171  Bitcoin / Legal / Re: OFAC has imposed sanctions against Russian blockchain service operators on: March 31, 2024, 10:49:06 AM
Bitcoin addresses were not included in this list, but only the names of individuals and entities. For individuals, they will most likely not leave Russia, and for entities, new companies will be created. Therefore, I do not think that this is a problem as long as the United States is the one who decides such regulations, and any party can be included in them, regardless of whether they support money laundering or not complying with what these parties want.

Russia or any other country can create such lists, but due to the influence of the United States on banking systems, the OFAC list is the most influential.
172  Bitcoin / Bitcoin Discussion / Re: Steelwallets and Airport Security - Potential Exposure Concerns on: March 31, 2024, 10:10:44 AM
Stainless steel has low magnetic permeability, which makes it difficult to detect its details. Therefore, when you are traveling, it is better for your physical storage to be made of that material. Also, using a steel container will make the possibility of identifying seeds almost impossible, but the problem is if the authorities decide to detect the existing metals.The officer may want to see the wallet seed, so always use a strong passphrase wallet seed and store it in a separate place.
173  Bitcoin / Bitcoin Discussion / Re: My Dreams of a Bitcoin Circular Economy in my Country on: March 31, 2024, 09:14:39 AM
Bitcoin circular economy is a description of why your life depends 100% on Bitcoin? This is not possible in the near future. Bitcoin needs to be stable to be accepted for the purchase of goods, commodities, and products with an annual increase rate of about 10%. In order for these conditions to be met, I assume that the price of Bitcoin must be in the range of $400,000 to $600,000.
Forecasting in your country is a matter of time. If Bitcoin is legalized and the potential for gains is higher than the risks, you will inevitably find that Bitcoin has become accepted in all stores in your country.
174  Economy / Web Wallets / Re: swindled by bitamp of my funds on: March 30, 2024, 02:55:37 PM
you can import bitamp wallet seed into electrum and if wallet was empty without any outgoing payments, then use https://iancoleman.io/bip39/ to extract the private key of bitcoin addresses with balance.
175  Economy / Economics / Re: INFLATION, A MOTIVATION TO INVEST IN CRYPTOFASHIONS on: March 30, 2024, 02:35:00 PM
Inflation is beneficial, as it stimulates the economy to grow, and it is what makes there a profit margin and an incentive for investment. If prices were fixed throughout the year, innovation and competition would be less, but inflation must be reasonable and controlled. Inflation of 1% to 2% is beneficial for the economy, but when it comes to talking about inflation, the majority They mean explosive inflation, where prices increase daily and inflation is more than 10% or more.
Hyperinflation is bad for the economy and leads to adverse results, especially for the middle and poor classes.
176  Economy / Exchanges / Re: Fast exchange with low commissions – CryptoStrix on: March 30, 2024, 02:22:29 PM
Low commissions: I tried converting BTC TO ETH exchange rate was 1 BTC = 19.754309 ETH, and i can get better rates in more than 20 exchanges. Your commission or exchange rate is not the best, so your service is not the cheapest.

I see that you have a paid reviews campaign, but some of the terms of the campaign contain wrong practices. The necessary condition for paid reviews is that they are not biased, and your conditions stipulate for only positive reviews.

Quote
Leave a positive review of the work of CryptoStrix on monitoring Important: one user can conduct a maximum of 3 exchanges per day (1 application = 1 review)
177  Alternate cryptocurrencies / Altcoin Discussion / Re: new meme coin help on: March 30, 2024, 02:05:43 PM
If the news contained in the private Telegram server is news that may change the price of the currency, stay away from such groups, as they will most likely be paid, and their news may not be accurate, which will cause you double losses (subscription fees and investment costs).
If it is news like what you get from RSS lists, then such data is available to everyone and displaying it privately will not change the currency price much.
Cryptocurrencies whose price developers can manipulate are closer to pumpanddump scam
178  Economy / Trading Discussion / Re: What's happening to kucoin? on: March 30, 2024, 12:01:18 PM
We already have a discussion about this topic, but the charges are nothing more than failure to comply with the Know Your Customer (KYC) program or the anti-money laundering program, which are charges that could lead to Founders being imprisoned, they will not affect KuCoin if they commit to providing data and stop providing service to the United States, but this depends on If the CFTC finds no additional evidence.
https://www.cftc.gov/PressRoom/PressReleases/8884-24
179  Alternate cryptocurrencies / Mining (Altcoins) / Re: ETC pools are shutting down one by one ... on: March 30, 2024, 11:50:37 AM
Thank you, I was just too lazy to google it and actually you gave exactly what I needed ... Im f2pool user now Smiley

sorry for being lazy Smiley and thank you again.
Having fewer mining pools means more centralization of ETC, which is a bad thing in the long term. Therefore, if you are an investor, it is better to think about trying to mine something else or sell your ETH as soon as possible.
2miners.com and f2pool.com are suitable options and allow you to mine another ALT pair.
180  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Polkadot, what do you guys think? on: March 30, 2024, 11:21:41 AM
Polkadot is one of the projects that was heavily promoted by Binance as something that could be an alternative to Ethereum, and it was even better than some of the alternatives that compete now, such as ADA, but Polkadot was unable to achieve continued popularity, and Binance moved to promote other ideas, which is Shiba Inu, as memecoins was at its peak at those times.

In the recent bear market, Polkadot did not succeed in attracting attention and is considered a non-friendly blockchain despite the low fees it provides, but strong projects in terms of fees have emerged, such as SOL. All of these factors made all of Polkadot’s features available in a different blockchain and thus it did not gain any momentum.
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