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1621  Bitcoin / Bitcoin Discussion / Re: Square Says It Bought $50 Million of Bitcoin on: October 09, 2020, 03:45:37 PM
Even if they did a quick trade they made a lot of money because they bought OTC and when the news came out the price went up to form something of a breakout.

Of course if they are as real about the investment as it looks they'll hold it until the price moves above 20 thousand again and grab a nice big 25 mliion in profit. Not a bad move I guess Wink
1622  Bitcoin / Press / Re: [2020-10.01] Research Reveals Crypto Owners to Be the Riskiest Esports Bettors on: October 09, 2020, 03:24:49 PM
It's normal but esports gamblers are often young gamers who play with small amounts of money.

They buy cs keys for cheap and hope to get a rare item they can sell for more than the value of those keys. Most of those transactions are extremely low in value.

When they are to open $100 worth of crates they film it and put it on social media. Adult gamblers can spend 10 thousand USD playing dice and never tell anyone about it.

To conclude, there's a lot of people who gamble and own cryptocurrencies but the value of esports gambling is still very low.
1623  Bitcoin / Bitcoin Discussion / Re: Why do people avoid bitcoin? on: October 09, 2020, 02:53:03 PM
The most important reason for people to avoid Bitcoin even when they're told that such transaction would be much faster is the risk. They trust banks and feel like the money will go through even if it takes a week.

They don't trust Bitcoin because to get it they have to register on exchanges and these exchanges are known for losing money, getting hacked, going bankrupt and employing lazy and unprofessional support.
1624  Bitcoin / Bitcoin Discussion / Re: I just discover possible reason why btc is safe heaven on: October 09, 2020, 02:41:00 PM
you are wrong bitcoin is not a "safe heaven".
bitcoin is a currency that has a good chance of appreciating in value over time and increase your purchasing power if you own any amount of it. it is not supposed to go up in price and it is not supposed to be profitable and there is no guarantee.

He even said it himself:
Quote
You buy btc Now its 10k it Can fall down like to 7k

Assets that do it cannot be called a safe haven.
I have no idea what safe heaven is. Wink

Even if you think something will go back up it's only oyour believe and your speculation.

I own Bitcoins but I wouldn't recomend people to put all of their money in it and tell them it's 100% safe.
1625  Bitcoin / Bitcoin Discussion / Re: Are people giving up on Bitcoin too quickly? on: October 08, 2020, 10:14:29 PM
People tend to get tired after a while.

You rarely see a politician standing behind the same values for decades. Most change their minds and most people change interests and investments.

Old holders will sell but new ones will emerge. The circle of life Wink
1626  Bitcoin / Bitcoin Discussion / Re: My bitcoins completely disappeared and are gone on: October 08, 2020, 10:03:19 PM
Hello. I made a really big mistake today. I transferred funds from my blockchain wallet to my electrum wallet. I had done a practice transfer yesterday with a small amount of money, and everything worked perfectly. So I assumed I'd be able to just copy and paste the wallet address and send the money like normal.

Isn't just me that the OP might have been fallen to a copy and paste malware?

Clipboard Hijacker Malware Monitors 2.3 Million Bitcoin Addresses


How to lose your Bitcoins with CTRL-C CTRL-V



It's too early to say.

The first and the most obvious explanation is the wallet update. If he sent a new transaction to the wallet and the wallet is not updated or not connected to a node the transaction will not appear and he will not see the right balance.

Once it's fully updated and the wallet is connected to a node (green light in the right lower corner) we can start looking for other problems.

1627  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Dash undervalued? on: October 08, 2020, 09:49:59 PM
Dash is undervalued along with some other really useful alts like ETH and XMR while many shitcoin slike BSV, BCH and XRP are overvalued. I'm waiting for it to turn around.

From what i've noticed, fundamentals don't mean crap at this round of altcoin bull run.

Is there even an altcoin bull run yet? Most coins are still more than 60% down when compared with 2017.
1628  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Now Bounty Program totally worth less !! 90% Bounties are scam on: October 08, 2020, 09:34:35 PM
Most of them are scams because they saw they can scam people and get away with it. If you could steal from others without anuy consequences you'd probably start doing it because it's free easy money.

Bounty hunters don't care if the project is real or don't bother to check if there's escrowed payment waiting for them. They just care about the numbers on paper and false promises. That's why they'lll keep getting scammed.
1629  Bitcoin / Bitcoin Discussion / Re: Christie’s Auction House Sells NFT Crypto Art ‘Block 21’ for Over $130K on: October 08, 2020, 09:12:59 PM
The concept is very interesting and I like the way it's depicted but the price is much too high for me.

I don't think it's worth that much but art is worth as much as someone wants to pay for it so if someone feels like it's 130 thousand USD than it's the artist's big win.

Artists are like magicians who want to convince people they did real magic and make them pay to see it.
1630  Alternate cryptocurrencies / Altcoin Discussion / Re: Do not be fooled on: October 08, 2020, 08:58:15 PM
Cryptocurrency was not affected by the pandemic. The internet is what kept the world alive and together during this critical period. Exiting crypto because of the pandemic is worth considering as being fooled.

Are you sure about that? The pandemic did affect the stocks and cryptocurrencies dumped at the same exact moment as stocks in Spring of this year.

If you can explain how this wasn'tt related to shutdown of the US and the EU in that time I'm all ears.
1631  Bitcoin / Bitcoin Discussion / Re: BREAKING: Square & Twitter's Boss, Jack Dorsey buys $50M worth of Bitcoin. on: October 08, 2020, 08:47:08 PM
AFAIK, this has been their activity. They're known for accumulating before the pandemic. I've looked for some old articles and found one from 2018 and I think there's older than this but not later than the bull run of 2017.
(https://www.reddit.com/r/Bitcoin/comments/aw5art/square_bought_over_10000_btc_in_q4_2018_only/)
(https://cointelegraph.com/news/report-squares-cashapp-and-grayscale-consumed-over-50-of-bitcoin-mined-q1-202)


Let's see if the pandemic really turns itno a BTC pump.

I'd rather expect it to follow S&P500 and dump again along with the stocks. Despite that I hold my bitcoins.

We have some big news comming up like the election in the US and the possible threat of another covid shutdown with the growing number of deaths around the world.,
1632  Bitcoin / Bitcoin Discussion / Re: Money from bank hacks rarely gets laundered through cryptocurrencies on: October 05, 2020, 09:49:58 PM
Hmmm. I don't know about that. I think the only thing that differentiate cryptocurrencies and traditional ways is time. traditional ways are proven to be one of the safest and known ways to launder money for those hackers but that doesn't mean cryptocurrency can't compete. It's only a matter of time before hackers starts migrating to using privacy cryptocurrencies to launder money once it gets more known and developed.

Not an anti-crypto btw lol. Just stating my opinion.

Probably before this migration happens all exchanges will turn to KYC.

You can hide your crypto but can you really withdraw big money without being thoroughly screened by both your exchange and the bank that receives the withdrawal?

The best and the most anonymous money is cash. Cryptocurrencies leave an obscure trail but there still is one. Cash doesn't leave any unless you're caugt stealing it.
1633  Bitcoin / Bitcoin Discussion / Re: Godfrey Bloom makes his first BTC purchase on: October 05, 2020, 09:39:26 PM
It's so satisfying when you see an old and successful guy turn to Bitcoin. People like that are usually living off their retirements and if they invest it's into something very safe and boring.

I believe his Bitcoin move is more of a PR stunt than a real investment since he admits that he doesn't know much about it and treats it like an addition to his gold and silver.
1634  Other / Beginners & Help / Re: Ask me how , How Scam tatics on: October 04, 2020, 08:12:48 PM
My advice for you is to always be suspicious when someone contacts you asking for something. In this space people very rarely say hallo or congratulate you. They always want something.

They will send you a ling, ask you to use their referral code, ask you for merit, your email to send you some ads, offer to pay you for something, there's always "a deal" of some sort.

Even when it looks like they don't have a deal to make there is one just not an obvious one.

Don't engage in private conversations with random people who want to be your friends or have some great offers for you Wink
1635  Economy / Economics / Re: Uk covid update on: October 04, 2020, 07:47:01 PM
According to worldometers, 42,317 people have died in the United Kingdom so far. But to my surprise, the United Kingdom could not recover a single patient. as their recovery rate is 0

There have been some questions in my mind.
Has the lockdown ever been imposed in the UK?
Is the UK government not doing anything about it?



It's impossible because many sick people recover without any medical care.

The numbers must be made this way by the way covid cases are counted. Like if they only do post-mortem checks only dead patients will be counted.

https://coronavirus.data.gov.uk/

If you look at these graphs although the number of cases in the UK is rising, the number of deaths per diagnosed case went down in May/June and is staying low.

1636  Economy / Speculation / Re: will early sellers buy back in eventually? Will lambo buyers trade the lambo4btc on: October 04, 2020, 07:24:13 PM
Imagine owning 1,700 BTC.....

Most people sell when they hit that level that makes them whole.

THat guy with 1700 who sold at 0.3 USD made only 500 USD which is is a shame but if you think of those who had $1-10 BTC and it suyddenly hit 500-1000 in 2013. I wouldn't blame them for selling and spending a few millions.

I'm sure those who bought at 5000 are waiting for 50 but when that hit they'll sell as well and new people will come for whom that 50 is going to be the starting point on their way to 100 or more.
1637  Economy / Gambling discussion / Re: What would you prefer? Live casino games or slots? on: October 04, 2020, 07:14:20 PM
I'm like OP and slots bore me after a while. It's the same with dice it just gets boring and I play for fun not just for the thrill of winning and losing money.

The best games are those that are unpredictable and keep you on your toes all the time like poker or blackjack.
1638  Economy / Economics / Re: Big in Japan: giant Gundam robot makes its first moves in Yokohama on: October 04, 2020, 06:59:57 PM
Japan always amazes me, it's not easy to make a Gundam life size, and I'm sure the cost of making this giant Gundam robot is very expensive.
But since this project was 6 years ago, I'm sure the budget is already available. So with the COVID-19 pandemic, the making of the giant robot
Gundam can be completed. I agree that making Gundam life size is a long-term investment, it will attract tourists to come. At least for now in
the COVID-19 pandemic situation, local tourists come first. This will benefit the Japanese government and the creators of the Gundam.

They were fascinated with machines and making these robot battles for a long time.

Some of them can be pretty funny like this one if you haven't seen it yet.
https://www.youtube.com/watch?v=-HGTkK4Ambc

I support their effort because we should keep breaking boundaries and making things that were never made before.
1639  Alternate cryptocurrencies / Altcoin Discussion / Re: Hacker started to eliminate tokens stolen from KuCoin on: October 04, 2020, 06:48:36 PM
yes, i am watching this and i am waiting till the hackers are really caught. This is very unfortunate for the Kucoin exchange, despite news that they will soon cover the user's losses of assets. $ 200 million dollars is big money. Well, another question is whether the Kucoin company can't stop this transaction altogether? I mean coordinating with some of the listed exchanges and not approving hackers' addresses?

Even if they are caught there's no telling if the money can be recovered.

It's very likely that they'll prefer to spend a year or 2 in prison and come back to recover their hidden stolen stash than trade it for a smaller sentence.

The only thing that would kick their asses now is a blockchain rollback or a taint.
1640  Alternate cryptocurrencies / Altcoin Discussion / Re: BTC halving party is over, MASS PoC takes you back to ten years ago on: October 04, 2020, 06:37:17 PM
So much newbie shilling in this thread Shocked

The good thing about MASS is that its price is stable on exchange since its enlistment. It has ATH of 0.70$ while now its stable at 0.35$. I haven't seen any token with such stable price.   
https://www.hotbit.io/exchange?symbol=MASS_USDT
https://www.mxc.com/trade/easy#MASS_USDT

In other words if you put 1000 dollars in MASS in May you''re down 650 USD and if you did it in June you're only down 400. Such a stable investment Wink
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