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1601  Economy / Speculation / Re: Bitcoin is doing Pump & Dump before the US Election results are finalized on: November 06, 2020, 08:46:21 AM
There is no reasonable explanation as to why Bitcoin is flying high to $15,600 without referring to the US Elections.

Once Biden will be declared a winner via winning PA or GA or NV and AZ - this would change everything.

Probably Saturday, November 7 - is the day to sell your BTC.

If you hold BTC - best if you convert it to Tether (USDT) now and HODL coz BTC is going to dive so deep into the $9k territory once the US Election results are clear.


Still don't see the connect for it pumping and the reason for it to dump by 7th November, i try to make a sense out of this sudden surge but can't quite understand it, i guess everyone is in the same dismay as to the reason while btc going crazy but most certainly it won't keep going up like this, better people decide when is the right time to get out, and 9k! i highly doubt it will go that low but lets see what happens in next days to come.
1602  Alternate cryptocurrencies / Altcoin Discussion / Re: IEO still standing strong as ever on: November 05, 2020, 12:28:45 PM
Both past and present, IEO still remains the most effective tools in fund raising no doubt about it, especially when it is well conducted and organized by a well known exchange, people are genuinely comfortable more with ieo than during ico, after the bitter experience of the past, nobody wants tio get involve with such method of fund raising, for sure my vote goes with ieo.
1603  Alternate cryptocurrencies / Altcoin Discussion / Re: Another project down or just too cautious? on: November 05, 2020, 10:30:28 AM
it could be the website in maintenance, perhaps you should have a chat with the team on their official telegram group, ohh i remember they don't have one, so i guess the best way to reach them is the Ann thread,
i also did a bit of follow up on some basic information about the team (because to me that's major thing to first check out) i think some of the team info are there, only their pics are animated sort of, i had to go the twitter page to see the real image of the CEO, just not very straight forward way of displaying team info but still better than the anonymous type  Cheesy
1604  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Youengine (YOUC) failed on: November 05, 2020, 10:22:16 AM
I'm glad I don't end up promoting this bounty project, here are reasons why I don't join the bounty campaign.

1. They tend to use small exchanges for fund raising
2. The team lied that they don't need money, they claimed they are well funded and yet they use small exchanges
3. The project use case isn't a new idea, infact they have too many competitors
4. Upon aiming for small exchanges to raise fund they are giving up too high allocation for bounty hunters, meaning they have no experience about crypto space and their exchanges
5. John mcafee name was tagged to the project banner and they keep sharing it as if John McAfee is all they need to be successful when we know that he is a king of nonsense Hypes.

Using small exchange is not necessarily the reason why a project should fail, (i know it can contribute to failure somtimes if care is not taken) i have seen i project like  Free Ton with no actual exchange except the telegram bot exchange but still maintain a good price despite conducting a bounty campaign,
i think the problem lies heavily on the team and their inability to be transparent with the community, what is the point of lying rather than coming out openly about the project,
perhaps maybe the allocation to hunters was part of the reason why the ship sinking fast, this is why limited participants and decent allocation is better for project in other to prevent price dump.
1605  Bitcoin / Bitcoin Discussion / Re: People support what Good for them but btc?? on: November 05, 2020, 08:40:58 AM
You are entitled to your opinion mate but I think there are still many ways to benefit from btc, you don't necessarily need to be among the early adopters to benefit, even right now as you  complain those who understand btc are taking advantage of it,
Even with the highly volatile market, traders still trade and make profit so are flippers, all you need is find what suit you best and stick to doing it, nowadays some people prefer to use digital currency to pay and btc is top choice, so if you say no benefits then you are wrong.
We do have our own opinions and insights but majority of us whom do support bitcoin or crypto would definitely say that his understanding and views towards bitcoin is completely wrong.

For sure there are people who do really lose up money but there still lots whom do engage with it due to the fact that people can still make money via trading.

Aside on trading talks then we can make use of it with daily transactions with transferring funds without any hassle no matter where you are as long you do provide your wallet
address then youre good to go.

i can not say i entirely blame the OP for thinking otherwise, i think several other people out there have the same perception about btc until they come in contact with it only then would they have a change of mind, like what  this guy and his friend experience when using btc to transfer fund, now that the frind hard a great experience using btc to send money over his perception towards it must have change for the better, he will most likely recommend btc to other friends who have no knowledge of who think like the OP.
1606  Alternate cryptocurrencies / Altcoin Discussion / Re: Reason Why $ETH sudden jump on: November 04, 2020, 08:30:05 PM
So two big good news, one is regarding the change in US president from anti to pro crypto and now the launch of eth 2.0.
Looks like remaining 2020 will be massively bullish for eth, btc and other top coins, im already feeling excited.

Biden is pro-crypto? Where the hell did you get this information from, as far as is known, he never said anything about it. No president will be pro-crypto because it indirectly undermines the US dollar, so that's certainly no reason why crypto prices are rising.

Perhaps he doesn't needs to say it but maybe his approach towards crypto would be a little lenient than that of trump who is outrightly aggressive towards crypto, there are many countries whose government did not openly accept crypto but there are not too hash restrictions either, but same can not be said in case of USA, between I don't think Bidden has won the race yet.
1607  Bitcoin / Bitcoin Discussion / Re: my situation with bitcoin how it helped me real use case today on: November 04, 2020, 08:11:57 PM
so my friend has money but not same bank as me he was different country but he wanted to give money to me and i need it fast so he bought bitcoin and i got money same day Smiley

he never used bitcoins and he thinks now its amazing:)  btc really solved that situation that he had different bank then me and not possible physically to give money

First time experience I can see and am glad everything went well despite it is the first encounter with btc between you and your friend, this is why many btc lovers are in favour of it, fast transaction without the middleman,
Am glad he sees positive in btc, I hope he will share his experience with others to understand the simplicity of using btc as an alternative means of transferring funds, experience is the best teacher they say.
1608  Bitcoin / Bitcoin Discussion / Re: New way to cheat with Bitcoin! be careful on: November 04, 2020, 07:59:09 PM
400% short term profit! Who will believe that? ( even newbies should be skeptical about such offer) i just think anyone who believe in such offer is either too greedy regardless of if they are newbies or not, it is no longer news scammers uses this method and many more other ways to conquer their prey,
Anyone too desperate to make huge profit in a short possible time and fall in the grips of scammers like this will only have themselves to blame, I hope everyone stay alert and watch out for unusual offers.
1609  Bitcoin / Bitcoin Discussion / Re: People support what Good for them but btc?? on: November 04, 2020, 07:31:01 PM
You are entitled to your opinion mate but I think there are still many ways to benefit from btc, you don't necessarily need to be among the early adopters to benefit, even right now as you  complain those who understand btc are taking advantage of it,
Even with the highly volatile market, traders still trade and make profit so are flippers, all you need is find what suit you best and stick to doing it, nowadays some people prefer to use digital currency to pay and btc is top choice, so if you say no benefits then you are wrong.
1610  Bitcoin / Bitcoin Discussion / Re: How can we stop bitcoin scammers? on: November 03, 2020, 07:23:29 AM
You can not put an end to scam or scammers but you can try to develop yourself to be able to recognize a scam and stay away from it, and possibly warn others about it, but thinking you can entirely put an end to scam is fallacy, the only thing you can do is think of how to protect yourself from a known and the unknown scam, where there is good there will always be bad, whatever have advantage will also have a disadvantage,

scam does not only exit in btc or in crypto, in other aspect of life there are different form of scam and people have been able to survive one way or another, it is a question of being careful not to fall a victim, even the government will find it difficult to put an end to any form of scam, if that where the case, by now there will be no insecurities and all other social unrest, but that is not the case,  this is a way of life.
1611  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Some bounty hunters are so ungrateful on: November 02, 2020, 06:28:24 PM
Ahahaha, i had to mertit this because you hit the core nerve of every bounty project i ever ran.
90% of the hunters can't see past their own nose, let alone do some research and decide if the project is for them or not.
F**k it, most of them don't even speak english, just lurk in bounty board and sign up for whatever says "new"

And you're right, whatever you do, if you're 2 harsh, people hate you. If you're too lenient, people hate you.
In the end, BM always becomes a scammer who is scamming hunters. I got sick and tired of it, that's why i don't chase active bounty management anymore.

Because in the end, whatever you do, you'll be a scammer in someone's eyes.

Lol and you just took the word right outta my mouth  Grin left with nothing to say......
Okey let me just say, it takes a whole lot of patience to be a bm -  I have not yet manage one but I can already tell from being a participant, I mean you need a thick skin and some meanness to subdue those army of hunters that will invade your bounty (no joke)

Lets be real, 90% of hunters don't read any rules relating to the bounty they claim to be promoting, so repetitive questions becomes the order of the day, (someone already list those very frequently ask questions of hunters in previous page Grin) and you as a bm will find yourself answering them a zillion time none stop,

And the list of hunters misdeed goes on, the selfishness of many hunters make them to overlook the pressure the bm's are also going through, not that bm's are without any fault of their own but some hunters are more of a pain than support, and sadly nothing can be done to remedy the behaviour of some hunters even after spending so much time as one they still behave the same.
1612  Alternate cryptocurrencies / Altcoin Discussion / Re: The most searched cryptocurrencies on Google on: October 29, 2020, 08:13:33 AM
Hello, according to the website: blockchaincenter.net, these cryptocurrencies are most searched among cryptocurrencies:
1.  Bitcoin (80,8%)
2. Ethereum (14%)
3. XRP (8%) followed by Litecoin (4,7%), Bitcoin Cash (2,7%), IOTA (2,5%), Monero (2,1%), Tron (1,8%), Dogecoin (1,8%) and Cardano (1,5%).

They processed information based on Google Trends.

When you compare it with the market cap, then where is Bitcoin Satoshi Vision, EOS or Binance Coin?  Shocked
I think the trend will slightly change now mate because of there are too many scam now that using Ethereum Platform so fore sure the search will go directly to ethereum currency.

Do you have update after 4 months of posting this?because i'm sure Ethereum has already increase against bitcoin.

though that is a High advantage of taking almost 81% of totality?this date comes from how many searches?

Actually i think not, from my search on the same site, cryptocurrency world map - blockchaincenter.net i think btc still remains the most search in most countries followed by eth,
here is better view of btc toping the chart of the most search crypto till date.
1613  Bitcoin / Bitcoin Discussion / Re: Why Should You Track The Cryptocurrency Market Cap Before Investing? on: October 27, 2020, 02:04:37 PM
The truth is not all investors (especially the naive ones track the market cap before investing) in fact, majority don't even know the purpose of market cap and what to do with it,
there are lot of people till now who only invest through the recommendation of a friend, colleague or a family member, not necessarily an opinion or a research made by themselves, they just hang in the words of others, only those who knows what to look out for will make reference to market cap of a project before investing, although market cap don't necessarily stand as final tool to knowing it all when it comes to investment but it can only give you a closure and some form of estimate on the status of the project.
1614  Other / Archival / Re: Why you should not use Paypal for Bitcoin on: October 27, 2020, 01:09:25 PM
Well is regulation & insurance of funds vs No regulation & anonymity

I don't think what paypal does means centralization, is just regulation, and who cares about the private key if you can prove the property and the funds are insured.

I'm a holder, i don't use btc to pay anything, just waiting, as i do with some other assets. Any investment can fail, and not meet expectations. But only in the case of btc I have to be worrying about hackers and companies without credibility. If you have shares deposited in a bank and bankruptcy, there are national funds that cover important amounts. But if this happens to you in the crypto world, you have lost your money

So I am really happy for the news of paypal, and I hope that more companies with their credibility continue to join the crypto world, where the current biggest problem is lack of credibility and insecurity


very well said, looking from an average or should i say less knowledge about crypto perspective, what paypal is offering is not entirely wrong, it is a matter of given a platform for the less knowledgeable people to have an opportunity to be in crypto, like  i said in one of my previous post, till now many crypto traders and non-traders prefer to leave their crypto assets in exchange which in my opinion is more or less same as having your crypto with paypal only with slight difference,
again if we want giant companies and corporations to be in crypto then definitely there will be some form of regulations that will be introduce along the line, crypto is too vulnerable, it won't hurt to see some little form of regulations here and there,  besides, this is still a question of choice.
1615  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Bounty][DEFI] Psyche.Cash | The Future of DeFi | 150,000 Tokens | [4 weeks] on: October 26, 2020, 08:35:41 AM
When should we expect the spreadsheet? at least to verify our bounty registration.
It does not look like we might have a telegram for the bounty, how do we communicate with the bounty manager? More also the project only provide announcement channel, what of the communication telegram group?

yeah, i don't think it will be nice not to have a bounty group for easy communication especially with the bm, i hoping the bm with his rep will consider this.
1616  Bitcoin / Bitcoin Discussion / Re: Bitcoin: The dream of Cypherpunks, libertarians and crypto-anarchists on: October 24, 2020, 04:59:32 AM

Yes, I finished with banks in 2018 and no longer have to deal with them, I have cards of services that support cryptocurrency and are available for most ATMs. Yes, they have higher fees, but the card will not be blocked along with the funds, as I had before when I tried to withdraw cryptocurrency to bank cards. And a person will learn cryptocurrency if he wants to understand what cryptocurrency is for, who created it, etc..  And most people are not interested in it at all, they see bitcoin as a means of profit, that's all. As a means of speculation.. And they don't want to get to the bottom of it at all, it's easier for them to give their coins to someone than to know about wallets, transactions and so on.

PayPal custodian service will be calculated for such. And in training, of course, there is a threat, it's better for beginners to study independent sources of information than from interested centralized guys from PayPal, who can answer: Nothing personal is a business.

Awareness comes during the learning of new information, and let these newcomers study the right information than prepared by such as PayPal.

Mate, we can go back and forth arguing this out but at the end we won't be able to come to an agreeable conclusion,  you know why! Because we are human and are allowed to have different opinions, views and choices,  now you said you have cut off with bank since 2018 but from 2017 or so downward the banks have served you and provide you with all financial services at the time when you needed them most.... now you don't need them anymore it is your choice.

One of the reason why many people criticise banks and payment system like PayPal is because of their high fees..... and you also agrees that cryptocurrency fees are also high...... but you still use them anyways because you are in control of your funds, but remember whatever have advantage also have disadvantage (if all individuals in the world have absolute control over their funds i can't imagine what it will result to)

You said a person will learn cryptocurrency if they choose to but the problem is many people are not willing to learn only interested in price and speculation,  I totally agree, for now people are more concerned about the price than the tech, this is because crypto is not widely used, even the big players in crypto all have same interest,  that fact is undeniable,

PayPal offer to educate people who would not have ordinarily want to learn crypto on their own, i see it as the beginning of crypto journey for people,  from there they can decide to do more research if they want to and make their own decisions base on PayPal services and other crypto service,  they are not tied down so it is a free entry and exit.
1617  Alternate cryptocurrencies / Altcoin Discussion / Re: My Little Experience with USDT - TRC20 on: October 24, 2020, 04:18:42 AM
Yeah bro am aware of the not able to move usdt crosschain, it is always part of the instruction menu that pops up when you want to make your transaction, i don't fail to read those instructions so as not to make any costly mistakes in the process,

But what I wasn't aware of is the free transaction aspect to same chain, withdraw usdt trc20 to another usdt trc20 cost little or nothing (in this case it cost me nothing), this is something I wasn't aware of until recently and I think others who are not aware should know about it, there is no need spending much gas using erc20 when trc20 can get the job done at a cheaper or free rate, if other trc20 support coins have same free transaction rate I don't see why it is not being patronise heavily.
The fee of crypto transactions depend on some elements:
- Network status: empty, crowded, stucked/ congested.
- Average speed of transactions: how long you will have to wait to get 1 confirmation when the network is empty or when it is crowded.
- The price of coin or token: If the fee in TRX is 1 TRX, then it is about $0.026 but if the fee in TRX is 0.1 TRX, then fee in USD will be $0.0026. That is very cheap.
The price of TRX can be get with https://coinmarketcap.com/currencies/tron/ and it is cheap. I thought the cheap price of TRX in USD can help to save costs with transactions. Because it is too cheap, exchanges or casinos can waive fees for customers.

This explains a lot why the trc20 usdt transaction is free, from the experiment I carried out after reading the OP's post, I try to withdraw some usedt from Binance and from the withdrawal menu you can see it was clearly written in trc20 usdt "fee - 0 usdt" while clicking on erc20 "fee - 3 usdt"
In previous days, erc20 withdrawal fee in Binance was up to $5, I see now the fee has reduce again,  I guess it is because the tron network is not crowded like you earlier mentioned.
1618  Other / Archival / Re: Why you should not use Paypal for Bitcoin on: October 23, 2020, 12:04:34 PM
Paypal is payment processing company with a blameless record. I get used to use it as a gateway between my fiat money and merchants that supply me with goods.  If  I trusted PayPal to process my  fiat  why it shouldn't be trusted to do the same with my crypto? No one’s gonna hold it there for long/middle term period.  Only short deposit that   caters for the operational costs of buying goods. A bit of a non-sequitur but the rumor is PayPal is gonna issue its  own cryptocurrency.

Exactly, despite all the negativity relating to PayPal, many people still trusting in their service, i myself prefer using PayPal than direct from my bank account because of their money back guarantee policy, this is just the honest truth, no institution or organization is without some flaws, even btc is not without some flaws, PayPal and banks have provided service to people for generations, people have always trust them and may still continue to do so, it is all about given it a try, especially to those people who are not familiar with crypto, through papal it will be much easier for them.
this is just the beginning who knows what other features they may decide to introduce as they progress.
1619  Bitcoin / Bitcoin Discussion / Re: Bitcoin: The dream of Cypherpunks, libertarians and crypto-anarchists on: October 23, 2020, 11:44:58 AM
Seriously i think the days of banning crypto are behind us, with this new development of PayPal providing crypto service to it's customers starting with USA customers, i want to believe the negative perception about crpto in general is reducing otherwise while will a company like PayPal decide to support crypto, now they have realize that the use of digital currency is inevitable, the more government device a means to eradicate crypto the more the awareness grow,
it really doesn't matter what the government do or say, the fact remains crypto is here and not going anywhere, it is time they start to have a re-think, make plans towards crypto acceptance, it is said "if you cant beat the you join them"  government are losing control.

You are in vain to rejoice at this PayPal announcement, because this announcement does not carry anything useful for the crypto. You read their announcement in general, they offer centralized storage of cryptocurrency, without providing private keys, and this is contrary to the principles of cryptocurrency. They are also going to provide educational materials for those who are newbie to cryptocurrency. And what happens: PayPal will breed a huge number of misguided newbies who will think that centralized storage of cryptocurrencies is okay. This not normal. So PayPal at this stage cannot bring any benefit to Bitcoin and its community, in principle, benefit only to Bitcoin holders, because the price is flying up against the background of this announcement.

PayPal did not give a damn about the rule for any crypto user: Not your keys, not your coins and is developing another centralized trash heap in which your funds can be blocked or censored. They have such a reputation, they often did this in the field of traditional payments.

Perhaps you are right in some ways but this type of thinking is only for those who have deep knowledge about crypto and the importance of having your personal wallet, even though in practice this is not mostly applicable to all the users in crypto (their are millions of users who still prefer to keep their crypto asset in exchange rather than in their personal wallet and this is after knowing about all the risk involve) in the case of PayPal, this is mostly relating to the average joe who have less knowledge of all this things you said and still want to be in crypto regardless,

And if your perception about "not your key, not your money is that strong" then i guess you have no funds with any financial institution, because as far as i know, financial institution are directly in control of people's funds and billions of people all over the world are still trusting them with their funds, we can not deny the fact that bank still plays a vital role in our spending, if not all then most of our cards are attached to a bank,
PayPal may have their own way of providing this service but bottom line is they recognize crypto and are willing to provide the service to people, and since they are willing to educate people in this regard then i don't think they will be misguided after all.    
1620  Other / Meta / Re: Proof of Authentication Posts are life savings on this forum on: October 22, 2020, 09:52:04 AM
This is a wake up call for those bm who have not introduce the use of POA in there bounty, it is very important they do so, even though majority of the bounties are already requesting users to submit POA in the bounty thread, still you will come across some who are have introduce if, there are many people with bad intent in the forum, it is btter not to give them opportunity to exercise their bad intention, so all bm's should always request for POA from hunters to prevent shady actions.
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