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I've just seen IOTA put in the most work, honestly.
And plus, their tangle has been around for a good while, at least much longer than a lot of the new coins that apparently just popped up.
I wouldn't say that DAGs will ever replace blockchains, but if you believe in the scalability of it (which is right now completely theoretical), then IOTA is probably your best bet. Prices are still surpressed due to the alt winter. I've also seen them update their wallet GUI constantly, adding new bug fixes etc., something that not a lot of developer teams do at this point.
NANO seems to be over, tbh. There was huge hype at the start and everything just tapered off from there. It can't really wipe its image as a pump and dump coin.
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The question is ! How did they get my number?
My number does not have many and only the closest known! This is the important question in my opinion. The scam itself isn't that harmful because of how obvious it is - what is worrisome is how scammers are able to target crypto users specifically in their scams via phone or email, which means that they likely have a large database of potential victims alongside some form of contact details. It is likely that when you signed up to a somewhat shady site, they had asked for verification code on your phone. Or potentially, data leaks of well known exchanges can't be ruled out either, since previously Cryptopia probably had a database leak which resulted in login attempts into user accounts. Either way, it's important to not only look out for these scams, but make sure that you be careful who and where you share your contact details. Prevention is better than cure, always. |
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Okay, I bought for the first time ADA. So I read Coinswitch is a good cheap option to get ADAs. Unfortunatelly I couldnt see any possibility at Coinswitch to buy directly ADA with UDS (maybe you know any way?). So I bought for 400$ 0.044666 BTC. These 0.044666 BTC I traded then into 9,453.620789 ADA at Coinswitch.
So I went immediatelly to an online converter and checked how much my 9,453.620789 ADA are worth right now. It was 362.26$ !!! So is this normal? I paid almost 10% or 40$ in transaction cost. Is there a cheaper way to get ADAs?
Thanks alot.
BTC network fees are quite low right now, you can even get away with sending transactions with 10sat/byte fees. So I doubt that your issue with fees is on the bitcoin network. As other people suggested, it is likely that the service that you used took a significant amount in commissions and/or spreads within the transaction. Why don't you sign up to an exchange like Binance? I wouldn't recommend instant exchangers for high amounts above $200 or so. Binance doesn't require identification and IIRC they charge around 0.2% for both maker and taker orders on their orderbook. They also have the most liquid altcoin markets which means that spreads are going to be much lower than if you went with an instant exchanger. |
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Google claims they achieved "landmark success" with quantum computers which could break the encryption protecting crypto currencies like bitcoin within the near future. Not only are these claims dubious and ambiguous in nature. They are also unverified and not yet subject to peer review. The claims are also likely to be very misleading as mentioned by Dario Gil in the last bolded quotation in the article.
I don't know how long it will take for the general public to catch on to this news story being a likely fabrication and embellishment. Previous news stories about the price of bitcoin being "artificially manipulated" by tether were by all indications smear pieces published to satisfy political agendas in undermining the public's trust in crypto. As were many other hit pieces published by the media which has typically revealed an unfair bias and prejudice against bitcoin and crypto in general.
FT.com the website on which this news story was 1st published also has a terrible reputation imo in terms of them being one of the worst media outlets for reporting on finance. There has been multiple for-profit ledgers that are created that are touted as quantum resistant (such as IOTA and QRL, among others). So BTC can definitely switch to a quantum-proof algorithm if need be. People need to realise that quantum computing right now is still at its infancy, and once it does reach a level of maturity, it wouldn't just be bitcoin's algorithm that would be affected, it would be probably the majority of the world's infrustructure, even centralised bank databases that uses some sort of traditional non-quantum proof encryption. Yet, people seem to focus on BTC only for some reason and spread this FUD. While I don't think that this is necessarily the reason for the price dip, given that the relevance of the news is simply not that high at all and that these random corrections are just a normal part of the market cycles, I do think that the irrational fear of quantum computing is real. |
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According to Ciphertrace's report on Anti Money Laundering almost all drugs sold on darknet are bought with crypto. The University of Technology Sydney reports that 46% of illegal activity per year is associated with Bitcoin. I found this article interesting because it is a hot topic of conversation for a lot of people who are quick to judge crypto. While it makes sense to use unanimous money to purchase drugs, cash seems to remain the largest use for carrying out illicit transactions because it is untraceable. Ciphertrace did point out that 76% of transactions on dark markets are still made with BTC mostly due to it being the most widely known. What are your thoughts on this topic? Do you think it's going to be a better way to track where money is moving? https://cointelegraph.com/news/crypto-cash-and-drugs-crypto-use-grows-as-drug-trade-digitalizesThe real question here is that is it really fair to attribute the illegal actions of individuals to the currency, on the means of transaction that they are using? Absolutely not. If there was no BTC, the drug trade would still exist. And it's quite hypocritical to talk about the increasing volume of transactions when fiat far outweighs any other asset class in illict transaction volume, such as money laundering etc., yet we don't ever talk about it. The article makes it seem like that the growth in crypto adoption is purely resulting from the increased use of the dark web as a marketplace for drugs, which is not only misleading but untrue completely. This last bear market brought in a lot more institutional adoption, including investment banks, as well as commercial adoption of BTC for online purchases (just look at the amount of e-sports sites in particular that started to accept BTC). |
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It seems the bear market keeps on engulfing the cryptocurrency industry, there is no sign of recovery from some of the major altcoin and the support level were tested. Here is an article regarding the current analysis of cryptomarket cap. Let's not jump to talking about a bear market yet. We've still recovered from a $3k low all the way up to $8k. The main theme of the bullish run up I think is the fact that BTC significantly outperformed all altcoins, which is quite rare if you think about all the previous pumps where alts have been the destination for investors to park their funds in when it came to FOMO time. Even in moments of FOMO, the past few months have been absolute hot garbage for the majority of alts, especially EOS. BTC's main resistance is still at that psychological barrier at 5 digits. I don't think that it's very likely that it'll be broken this year, but given the fact that halving is nearly half a year away, it's very likely that we'll see a recovery as a matter of time as the inherent rarity of BTC increases. |
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Yes im from the us but not in the us at the moment. I want to know how its treated when you buy altcoin since you dont go directly from usd to altcoin like with btc/litecoin/eth to usd etc.
You might want to look at 1Referee's post. To make it even more simple for you, exchange fees are NOT capital losses, because they are simply a service fee that exchanges charge and not actual depreciation of your assets. There is a clear distinction between the two. The best thing to do is to keep track of all your records in terms of your relevant fiat, depending on the country that you are in. Don't get caught up in an alt's value relative to BTC. If you made a gain in terms of USD, and your jurisdiction is the USA, then yes, you've made a capital gain. Vice versa, even if you made a gain in terms of BTC but made a loss in USD terms. Check with your tax agency's official site on what constitutes as a "capital gains/loss event". |
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-snip-
When it comes to intent then there would only be two possible reasons that we can look where people do just really give out importance of being clean or non tainted coins either they do tend to hide something or just to make themselves to be clean. About their prices i dont see for it to be premium or too much.I agree that there were some forensics or tracing teams but using basically a mixer would already messes up their entire operation or motive. I don't think you get that mixers don't cover up the entire trail. There is a small likelihood that forensic teams with sufficient technology are able to trace back the BTC to an entity, although unlikely. Or at least they are able to deduce that the coins came out of a mixer, and not out of a person's personal wallet. While with virgin BTC there is no trail to cover up whatsoever. Obviously that has serious implications From a legal standpoint, I don't think that selling or using these BTCs will be particularly illegal. After all, BTC is supposed to be fungible. |
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After Bitcoin, LiteCoin & ETHEREUM made my shortlist for an investment option.
ETHEREUM - My Main concern is Supply is a little bit high & Price is already over $150 which is -1 point against LiteCoin.
LiteCoin - supply is less than 64M & price well under $70.
Which one you would choose for long term invest & Why?
What's the point of looking at supply alone when it comes to investing? I could have an absolute crap-coin that has no intrinsic value and fulfills no purpose, which only has 2 of them in existence. Would you rather have that instead of something like XRP, which although has a large supply, and is centralised to a degree, has some sort of purpose to fill in the banking sector? I think I make my case here. While I'm not saying that LTC is useless, it has less functionality than ETH. The things that LTC can do can be done with BTC. Trading LTC in the short term for its price swings wouldn't be a bad idea, or even using LTC as a means of payment given its low tx fees. But if I had to choose for the long run, I'd bet on ETH, since it has more upside. |
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Is it just random walk and it will recover in 2 weeks?
Is it the futures market swinging it?
Is it the deteriorating economic conditions?
Something else?
To me this looks like the sell-off during November 2018 when we went from $6300 to $3100 in matter of 4 weeks which made absolutely no sense to me either. I don't see any reason to believe that the long term outlook for BTC has changed. I'm still bullish on BTC's long term prospects, given that its fundamentals of decentralisation, transaction processing ability and overall adoption has only improved and there is no sign of regression. It is an interesting conundrum. We haven't seen this big of a correction in a bullish run up and I've been pondering this issue as well, but I think the main reason why the pullback this time was much more significant is due to a small bubble forming at the peak of the bull run at around $14k. That price point was unfortunately unsustainable just a few months into the recovery, which I think explains the adjustments after that. It's certainly nothing like the 2018 bear market. I wouldn't even be sure that we are in one, right now. Sentiment is low, yes, but people still expect markets to be bullish for halving. |
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It didn't really make sense for paypal to participate in the first place - the product that they offer will be in direct competition of what Libra is offering to the masses, so what's the point of allowing a direct competitor to flourish instead of potentially launching their own product along the same lines? But again, this shows the incredible fragility of a centralised project. All vested parties need to stay committed in order for a project to truly be successful. It also needs to co-operation of legislators to ensure that no negative regulations are imposed against it, which is an issue I think Libra also has to deal with on top of figuring out who's still in on the deal. |
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Absolutely not. I've had enough experience with cloud mining companies trying to tokenise their securities and pitching it as some form of revelation that will forever revolutionise crypto mining that eventually all turned into scams or are completely unprofitable.
I suggest you take a look at Ice Rock Mining, which was one of the hottest of them all back in the day.
An IEO doesn't make the token itself profitable somehow. It is common knowledge that cloud mining and the maintenance fees severely undermine the profitability of investors, yet when they are packaged and touted as tokens it somehow makes it acceptable. I don't get human psyche sometimes.
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I honestly don't think that there needs to be that much actual development anyways.
Markets have matured, which is the primary reason for this pullback in my opinion. It's simply to wash out the unsustainable growth of the months past, quite normal of corrections in BTC. It's not like it's something that we'd never seen before.
Also, institutional investors are going nowhere, they're here to stay. LN developments haven't been that positive recently, but once it does correct itself, it could become the catalyst for the next bull run.
The main point here is that cycles within the BTC market is still the most significant factor in determining price right now. Fundamentals have always been there regardless of bullish/bearishness.
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Hi there,
I have heard that there are a few known and trusted bitcoin casinos which offers dividends (like 5-10% per year) if you invest your BTC in their bankroll. E.g. I can invest say 1 BTC and receive 1 BTC + 0.2 BTC of dividends in the end of year because they will use it in their casino bankroll.
Are those casinos really exists and if so then could you give me some links?
I want to deposit my BTC balance and get stable profit every month. Do not offer me scam, but verified and profitable big casinos who have such option.
Thanks.
There's a bunch of them out there. And 5-10% would be an underestimation, in my opinion, as stats that I've seen would conservatively put your year or year yield at around 15-20% on most sites depending on turnover. Crypto-games is one of the premier casinos at doing this. They've got a long track record and have proven to be legit. Joter is one of the best admins in crypto gambling as well. Check out this thread for historical statistics: https://bitcointalk.org/index.php?topic=2445163.0I've personally also invested into Bitvest. I'd say that the yields are a bit lower due to lower turnover, but what is interesting on that site is the option to lock in your investment for x amount of time so that you don't get the urge to gamble away all your earnings. |
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“If there is no Tether, we lose a massive amount of daily volume -- around $1 billion or more depending on the data source,” said Lex Sokolin, global financial technology co-head at ConsenSys, which offers blockchain technology. “Some of the concerning potential patters of trading in the market may start to fall away.” Absolutely incorrect statements. At best misleading. You are comparing essentially a representation of fiat which is still centralised, that utilises other decentralised crypto platforms in order to host its token, to BTC which is a fully decentralised, true cryptocurrency. Is that a fair comparison to make? No. If Tether goes bust, there will soon be other stablecoins in the market to fill that void. There is no question. Comparing a fiat token to crypto is simply unfair and goes to show the lengths that people are willing to go to in order to devalue BTC's importance. |
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This has proved to be quite an accurate pick.
I'd say the reason why XMR is currently extremely bearish while other coins such as ETH and XRP has made some bullish moves is the fact that its main selling point is anonymity, which is exactly what new regulations such as the FATF regulations are trying to circumvent.
At the end of the day, the XMR blockchain will survive, but obviously people will be less encouraged to adopt and invest into the coin, especially when you are looking at exchanges such as Okex apparently looking at delisting XMR, ZEC and the like from their trading platform altogether.
Long term, I'm still bullish though. XMR technology is excellent.
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Hello, Is there any COLD wallet for ERC20 USDT?
Problem with ledger wallet is they are not cold wallet, because they dont give you your private key, and ledger developer have access to your private key which is not safe.
Im looking for a cold wallet with private key.
You do have your private key. You can derive it from your seeds any time you want. And no, ledger developers do not have access to your private keys. I'm not sure where you got that notion from. If you don't trust Ledger's closed source firmware then you could potentially just do a DIY paper wallet yourself. Generate the private key offline, write down the ETH private key somewhere safe, and store it completely offline. Or, do a clean install of the OS and the official ETH wallet software on a separate PC that is never connected to the internet. But tbh, a hardware wallet would still be the most convenient way. |
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The faucet site no longer pays. contact emails are misleading by taking them for a long time. It's probably an empty faucet. Bah...They had always paid in the past.  That's why if you choose to grind faucets, at least do so safely. Get protected by a micropayment processor like faucethub so you don't need to worry about a rogue faucet owner not paying out its users. By using one of those, you make sure that if a faucet is empty, you know at the first instance and don't waste more time. They have an investment option 6% per annum for doge deposits. Faucets aren't really reliable in terms of getting free tiny amounts of coins if you just want to get from that.
The website isn't indicating any other information and it lacks of many things for me. Their email is the usual email address that each domain has and it's a pretty normal email, if they don't respond then why waste time? You should try casinos that have faucet.
Seems like a site which is trying to rip off freedogeco.in, which used to be one of my personal favourites. I'm quite against people depositing into these faucets and earning an interest. It's extremely high risk stuff, even on sites like freebitco.in which has been around forever. You don't have custody over any of your balances and you don't know who the operator is. |
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Here's to discuss fixed-rate and its benefits. Besides the deterring speculation, preventing depreciation of the currency and so on - did fixed exchange rate ever help you to avoid losing coins? I mean I saw an announcement about 15 mins fixed rate on changellys app, but how useful this time is? Do you pay attention to such benefits?
Interested to hear your own stories.
This feature is really only useful if you need a specific amount of coins in the first place. For example, if you have to pay an invoice in BTC and all you've got on you is LTC which you want to exchange, and you don't want the exchange rate to be floating because you may overpay/underpay as a result. Essentially, it's a temporary hedged position. That's all that it is. For those who are saying that it's only useful for large transactions, I'd beg to differ. a) large traders wouldn't use Changelly or any other instant exchangers anyhow and b) this fixed rate system benefits small scale users the same way. |
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Don't sign up to HitBTC or Okex.
HitBTC has one of the worst reputations as an exchange that is still operating to this day. They have a track record of holding customer funds both in deposits and withdrawals, and asking unreasonable amounts of identification (even going to lengths of asking for fund sources, which is definitely not required by law).
Okex on the other hand seems to be complying quite heavily by removing certain anonymous coins from their platform in Korea IIRC. It's not really confidence inspiring.
I've used Huobi Global myself and it worked fine. Perhaps that is your best bet.
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