Bitcoin Forum
May 27, 2024, 02:15:25 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 [98] 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 ... 471 »
1941  Bitcoin / Bitcoin Discussion / Re: What is truly missing in the Bitcoin ecosystem to get this to the masses on: April 20, 2022, 10:49:39 AM
So I am sure this has been discussed multiple times before, however as I enter into the rabbit hole of Bitcoin, I am interested what others see as lacking in terms of how to get this to the masses. I run a node and LN Channels, however not being a developer, I wonder what other roles are out there. Would like to hear your thoughts.

Thanks!

Two things are missing in the BTC ecosystem.User convenience and price stability(although Bitcoin became very user friendly in the last few years).
The problem is that a stable Bitcoin price means that Bitcoin will decrease it's value as fast as fiat money.
The Bitcoin Core blockchain basically has it all-security,trust,great development.
Price volatility is the main reason why most of the people are scared of joining the Bitcoin world.The big amount of crypto scams can also be mentioned as a reason that scares many people away,but most of scams nowadays are shitcoins/NFTs.
What kinds of roles are you asking about?There are Bitcoin developers,miners and regular users(traders).
I don't know about any other roles.
1942  Economy / Economics / Re: U.S. links North Korean hacker group to $600 million crypto theft on: April 20, 2022, 06:11:11 AM
This news is pretty old.I've been reading about this theft several weeks ago.
I guess that the North Korean hackers are very good.This is only one of their major thefts.The entire amount of the coins stolen by them must be more than 1 billion.I assume that this is the main funding source of the North Korea nuclear program.Is there a way to completely cut North Korea from the world wide web? Grin
I was kinda hyped about joining Axie infinity a few months ago.I'm glad that I didn't play the game and I didn't invest any coins into a platform with such weak online security.
1943  Economy / Gambling / Re: Question for regular casino players. Will you use Lightning if available? on: April 20, 2022, 05:53:51 AM
I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?

The current Bitcoin Core transaction fees are pretty low,so I don't think that there is a need to use LN transactions(if the casino owners ever decide to accept the Lightning Network).
Even if LN gets accepted by most crypto casinos,I don't see a reason why would anyone use LN instead of altcoins.Perhaps the hardcore Bitcoiners would choose LN transactions,but only if the Bitcoin Core on-chain transactions become really slow and expensive(which might never happen).
Why would a casino owner be interested of integrating LN payments?There are plenty of altcoins and even fiat payments.Casino owners would need a clear incentive,in order to implement LN.
1944  Bitcoin / Bitcoin Discussion / Re: Why do some recommend bitcoin mixers over using XMR to get a new bitcoin address on: April 20, 2022, 05:35:38 AM
Quote
Vs you have bitcoin, you want to erase the public trail so you convert to XMR, then send XMR to a new anonymous exchange and convert to Bitcoin. That seems more simple, convenient, and surefire.

Anonymous exchange?Can you mention a few "anonymous exchanges",which are totally anonymous and accepting monero transactions?I don't know about any anonymous exchanges.
BTC mixers are more popular,because most of the crypto users want to deal with Bitcoin rather than Monero.
BTC is accepted almost everywhere in the crypto industry,while Monero is accepted in only a few places on the clean web.I'm not talking about the darkweb,where Monero is the main cryptocurrency.
I don't think that anybody is recommending BTC mixers over Monero.Both options are risky and there's no way to achieve complete 100% privacy.
1945  Other / Archival / Re: How will the stock market crash affect the price of bitcoin in 2022? on: April 19, 2022, 10:37:36 AM
Quote
You think that there is no correlation and that the market has no cyclicality. I think there are correlations and the bitcoin market is cyclical. You think that bitcoin has not yet reached its top to go for a correction, I believe that it has already reached its top a long time ago and now bitcoin will fall, not rise this year. No 100,000 this year and other dreams will not come true.

I agree that Bitcoin most likely won't hit another ATH this year.
However,I don't agree about the BTC price being correlated to the stocks prices.Such correlation would exist,if the investors had to choose between two options only-Bitcoin and stocks.This cannot happen in the real world and the investors can choose between multiple options:stocks,commodities,precious metals,real estate and government bonds.
The debate about the Bitcoin price being cyclical would continue forever.Maybe there is a cycle,caused by the BTC halvings,but I think that other factors are way more important for influencing the BTC price in one direction or another-the fear&greed index,the monetary policy of the big central banks,mining Hashrate,bullish and FUD news,etc.The BTC halvings are important for creating hype and bullish expectations about the BTC price.
1946  Economy / Economics / Re: Another no privacy from Russian Bankers on: April 19, 2022, 06:11:42 AM
I think that we have to distinguish privacy from financial privacy.
Yes,privacy is sacred,but the same thing cannot always be said about financial privacy.
When you don't want to reveal your actual wealth to the government,the government is going to punish you,because you are trying to hide a part of your money and assets from taxation.
Unfortunately,this is the model of crypto regulations that will soon dominate the world.
Banning all non-custodial wallets and making the usage of custodial wallets mandatory.The western countries might soon impose similar regulations.
That doesn't necessarily mean that all crypto users will abide by these new rules.Many people will just move to the darkweb and keep using their non-custodial wallets.

1947  Economy / Gambling discussion / Re: ⚽UEFA Champions League Discussion Thread -- 2021/22 Round of 16! on: April 19, 2022, 05:41:12 AM
I'm surprised that nobody gives Villarreal a chance against Liverpool.
If I remember this correctly,Unai Emery defeated Liverpool with Klopp at the Europa League 2016 final.
Emery is a pretty clever guy and he knows how to win tournaments.He won 3 Europa League trophies,maybe it's time for him to win the UEFA Champions League.
The semi-final between Man City and Real Madrid is going to be pretty unpredictable.I think that Manchester City is going to win and get to the final.Real Madrid had a solid performance throughout the season,but they rely heavily on Benzema and they will have a hard time,if Benzema gets blocked by the Man City defenders.
1948  Bitcoin / Bitcoin Discussion / Re: The Amazingly Moronic Bitsneaks on: April 19, 2022, 05:19:48 AM
Buying expensive sneakers is a thing in the African-American culture.I don't get it.I guess that bragging with your expensive sneakers(or bragging with luxurious stuff in general) is a really important part of the African-American culture.Some rapper is going to buy such sneakers.Rappers have lots of money and they aren't particularly smart(maybe most of them aren't).
The website looks ridiculous.I can't even read some of the titles,due to the absurd design of the letters.
Maybe this really is a joke.Putting a BTC node in sneakers simply doesn't seem serious.Or maybe it isn't a joke.
The world is full of dumb people,willing to spend lots of money for dumb shit.
1949  Economy / Exchanges / Re: Black List of crypto exchanges! (BANS and confiscation) on: April 18, 2022, 11:28:39 AM
I haven't heard anything about the crypto exchanges mentioned in your "black list"(except Coinbase and Kraken,of course).
Unfortunately,many small crypto exchanges would use the sanctions against Russia as a "justification" for them to scam and steal coins from a part of their customers.This is despicable and it must be punished.
Anyway,you are kinda wrong about the "the very essence of the cryptosphere".A crypto exchange is a private company,which has to obey to the laws and regulations of the country,in which it is located.
When the government officials ask the exchanges to block certain accounts,the exchanges can't say NO,so putting the blame on the crypto exchanges is stupid.
Every exchange has it's own Terms of service.When you register an account and deposit coins,this means that you agree to their Terms of Service.
"Not your keys,not your coins"
1950  Economy / Service Discussion / Re: Antinalysis - free tool to check the dirtyness of bitcoin address on: April 18, 2022, 11:06:42 AM
I have pretty much the same concerns as all the forum members,who tried this service before me:
1.I guess that the FBI has created this service,in order to gather more data about BTC addresses.However,I might be wrong. Grin
2.There's no way to prove that they don't track you,so I would not use such service again.
3.I don't trust the accuracy of this tool.The final data might be a bunch of made up gibberish.
4.Who is going to use this tool?I guess that 99% of the Bitcoiners simply don't care about a BTC address being "dirty" or "clean".
1951  Alternate cryptocurrencies / Altcoin Discussion / Re: Avalanche - $350 million Finance at $5 billion. on: April 18, 2022, 10:48:18 AM
I've never heard anything about this project.
This article seems like shilling about how wonderful and promising this project actually is.I usually don't trust such articles.The AVAX coin valuation at 21 billion USD seems pretty overrated,but I'm not surprised,since most newly launching tech platforms are pretty much overrated.This is more hype,rather than actual value.
Almost 250 active apps running over the Avalanche blockchain?Sounds impressive,but can anyone verify that this information is truthful?Can anyone provide a list of all the apps,that are running on the Avalanche blockchain?

1952  Economy / Gambling / Re: Looking for a sports betting/casino sponsor to support our football pool on: April 18, 2022, 06:02:55 AM

my aim is to organize a new prediction game in our german community at the start of each new bundesliga season.
and i thought that after each match day, the sponsor would sponsor a few freespins or free bets for the player who has collected the most points at the end of the match day.
the prerequisite would then be that all players in the prediction game would also immediately register on the sponsor's website.

Sounds like a good idea,but what would be the benefit for the sponsor?
Getting a bunch of new players,who will get free spins and free bets?
All the crypto casinos/sports betting websites want paying gamblers,not "freebie seekers".
Limiting the prediction pool participants to Germans only also seems kinda weird.There are many people,who aren't Germans,but they are interested in German football and are watching the Bundesliga.
I don't know anything about the gambling/sports betting regulations in Germany.Are people outside Germany allowed to signup and gamble on German casinos/sports betting platforms?Is there a mandatory KYC procedure?
1953  Bitcoin / Bitcoin Discussion / Re: Bitcoin Whale Transactions Spike As $1,046,164,730 in BTC Leaves Crypto Exchange on: April 18, 2022, 05:43:18 AM
Why are you so sure that those transactions are made by crypto whales?
It could have been the crypto exchanges moving their own funds to their cold wallets.
This is yet another clickbait article trying to come up with a silly theory just by looking at some random data.
I don't mind crypto exchange platforms having less Bitcoins/crypto.Sooner or later,the crypto markets will become more decentralized and crypto exchanges will become obsolete.Unfortunately,the majority of crypto users aren't mature enough to dump the centralized custodial crypto trading platforms,because those platforms are still really convenient and user friendly(at least most of them are).
1954  Economy / Trading Discussion / Re: Does trading really works? Likely based on guesses on: April 17, 2022, 11:36:54 AM
Everyone thinks I'm wrong but actually, the truth is better. I can't argue with anyone but I am going to drop facts why trading should be the last thing we should ever thing about.

¶ You can make money now but you'll lose it tomorrow.
¶ Your strategies only work for a limited time.
¶ You cannot always be a winner.
¶ Your can't beat the market maker.
¶ The whales are the real traders so going against them is total lose.
¶ 80% of traders are losers; maybe it's not yet time for you.
¶ Your trading has no guarantee, you will lose that profit soon.
¶  Trading is not gambling, it is technical gambling lol.


 My father always pin this to my hearing "things are easier said than done" les choses sont plus faciles à dire qu'à faire

You are right about the things mentioned in your post,but I don't agree that trading is 100% based on luck.
Nobody is saying that crypto trading can guarantee you profits.If somebody is saying this,he is a liar.
Nobody is saying that you have to follow only one strategy from the beginning,without any changes and without adapting to the new conditions and obstacles.
If crypto trading isn't for you,then stop complaining about it and don't waste your time writing such forum posts.Focus on something productive.
Crypto trading is gambling,if you treat it as gambling.Everything depends on your decisions and your perceptions.

1955  Economy / Speculation / Re: Why the price of Bitcoin still in such a state? on: April 17, 2022, 11:16:44 AM
Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward. But my idea is wrong. Experienced people will share your opinion on why the price of Bitcoin is in such a state.

What you are saying doesn't matter.What the so called "experts" and analysts are saying also doesn't matter.
The Bitcoin price isn't determined by people's opinions and wishes.We are living in interesting times,where uncertainty and fear are dominating the markets.Nobody knows what will happen next week or next month.Making long term plans and predictions for several years ahead seems really difficult.
The Bitcoin price is in a pretty good place right now.There is volatility,but we shouldn't get depressed every time the price makes a 5-10% drop.
1956  Economy / Economics / Re: Fiat, CBDCs, all of these are enemies, your only friend is Crypto! on: April 17, 2022, 05:40:31 AM
Have you ever thought that the Bitcoin value goes up because the fiat value goes down.
In that case,fiat is Bitcoin's best friend. Grin The Bitcoin value won't go up,if the fiat value doesn't decrease.
Who would even buy Bitcoins,if the fiat money preserved and increased their value?
With an "enemy" like fiat,we don't need friends. Grin
CBDC will be the same as fiat,the technology behind CBDCs doesn't matter.They will be as a centralized and as inflationary as fiat paper money.This means that another fake enemy(actual friend) for Bitcoin would join the party.
Unfortunately,the Bitcoin price is too volatile,which scares many people away from BTC and stops the mass adoption of BTC.
1957  Economy / Gambling discussion / Re: Are you Still Supporting And Playing On Newly Launch Casinos on: April 17, 2022, 05:20:39 AM
Nope.I don't bet on newly launched casinos,because.
1.The risk of getting scammed is higher.
2.Making new accounts and placing bets on new casinos every week seems kinda pointless to me.
The idea of having 50-100 crypto casino accounts (and 99% of them will end up being dormant and not active) is kinda repulsive to me.I just hate having multiple dormant accounts.
I might signup,mess around with the dashboard and play for free(if there is such option) on a new casino (if the casino has a great design)but I don't want to bet money across multiple crypto casinos.
1958  Bitcoin / Bitcoin Discussion / Re: Bitcoin has no intrinsic value on: April 17, 2022, 05:01:00 AM
OP,you sound kinda butthurt.Did you get scammed or something?
Your post doesn't make any sense.

Quote
Because of the way Bitcoin generates value or becomes more expensive, it could potentially lose all its value and became worthless.

This doesn't make any sense.Bitcoin doesn't "generate value" by itself.The value of Bitcoin is determined by the mining costs and the supply/demand for Bitcoins.
Bitcoin gets more expensive,but it might get worthless some day.Yes,and so what.This applies to every financial asset around the world(maybe except gold).Do you think that Tesla,Amazon,Facebook,Apple stocks won't become worthless some day?Nothing lasts forever.
The "Bitcoin doesn't have instrinsic value" mantra that has been repeated by all the BTC haters have gotten completely meaningless at this point.Repeating the mantra one more time won't make it meaningful.
1959  Economy / Gambling discussion / Re: Token Based Casino In Market Aggregator on: April 15, 2022, 06:03:26 AM
I've never really understood the business model of the crypto casinos,that have their own tokens.
They create and keep "mining" their own token,but they get actual cryptocurrencies in exchange for their token(not by trading it,but rather giving it away to the active gamblers).
The token is supposed to have some market value,but nobody is actually buying it,because such tokens aren't listed on crypto exchanges.Demand is what creates market value and there's no real demand for these casino tokens.This seems kinda weird to me.
Anyway,let's see how this "casino token" experiment will keep running in the upcoming years.
1960  Bitcoin / Bitcoin Discussion / Re: Bitcoin donations no longer welcome on Wikipedia on: April 15, 2022, 05:44:51 AM

I already know what's coming, one hundred comments about how Wikipedia is stupid for doing this, how they are losing money, how they will cease to exist, and on the 17th page the lone guy that has actually donated to Wikipedia via bitcoin. Does this make us what was that, narcissistic psychopaths? Grin Probably not, but I think we as a community should start viewing things from the perspective of others before trying to stuff their mouth with cryptos and blockchain and tokens and decentralization.


Nobody says that the Wikipedia team is stupid for abandoning BTC donations.
The guys and girls behind Wikipedia can do whatever they want,when it comes to using payment methods for accepting donations.Acting butthurt just because some website decided to dump crypto payments seems really immature.
How many of the Wikipedia users are young people,who are actively using cryptocurrencies?Not that much,if you ask me.I don't have valid statistical data,but I assume that more than 90% of the Wikipedia users are boomers,who wouldn't even touch Bitcoin with a ten meter stick. Grin
And yes,the shitcoin/NFT investors are psychopaths. Grin
Pages: « 1 ... 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 [98] 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 ... 471 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!