The point that it hasn't been necessary since 10 years has no implication whatsoever for financial stability. I'm not so sure about that. The Fed having to do this to such an extent suggests a lot of banks are not meeting their fractional reserve requirements. Banks are no long funding their own debts with their own deposits, and instead they are relying on the federal reserve to bail them out on a nightly basis. Something has changed recently (we don't know what) to force the federal reserve to come in with $75 billion on a nightly basis to support the banks. Banks should be able to support themselves. If they are experiencing daily shortfalls, then it can impact on other lending, which can impact on the entire economy. The Fed having to bail them out like this is a bad sign. I bet this money printing issue with U.S. has a something to do with countering China's indiscriminate printing of money and has long been accused of currency manipulation by the U.S. Government. I think it has a noble cause. Link: https://www.telegraph.co.uk/finance/economics/6146957/China-alarmed-by-US-money-printing.html
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It is important to recognize the power of social media platforms to hasten Bitcoin's adoption and these are proven effective tools to spread influence! Now I also think we can also do things even in our own little ways to spread awareness on Bitcoin and that starts even with an ordinary conversation among our peers ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Let us assume that it could be done, but what for? For additional security? because I understand that even with that tech I don't think it will drastically lessen the chances of being compromised since most systems I believe "is as good only as its weakest link" and in this case, the human factor!
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the whole article looks like a very vague advertisement of a service and it seems to me like they were paid to publish this! and to be honest it all seems like over-usage of buzzwords and technobabble to make it look "special" while it looks like (at least to me) that it is what any other hardware wallet does: a "unidirectional connection" where it signs transactions internally then broadcasts the signed result online!
Yeah its a little bit technical but I found it confusing that they are using the term "offline" when recording transactions to a blockchain which is quite contradictory to the very nature of blockchains which for me is a distributed computing system that are connected via the internet. I think you have a good analogy on using a hardware wallet's "unidirectional connection" feature which "uses only one direction for data communication" and I thought they associate it with being "offline" maybe just to create hype.
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Now is really a bad time for altcoins, but this is not the end. I don't agree with you, buddy. I still believe in the altcoin season like so many others. I do not believe that altcoins will not grow, cryptocurrencies are too young to draw such conclusions.
I agree! I've seen a lot of notable altcoins with very good development yet their prices are almost critically very low and alarming but somehow the community still managed to hold onto these coins believing that its own good foundations will hopefully revive its market price very soon.
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Chances are we will be sorry if we hold altcoins that has inactive development or worst, the team behind it went into exit scam since we will have difficulty finding exchanges that will have a better selling price on it however, if we hold altcoins that has continued progress, then it would be useless to sell at a very high loss right now so we better wait for the next altcoin season to come as soon as possible.
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If you put it in a whole context, I think scammers are not the only one to blame, maybe we should also blame ourselves for not doing enough to prevent on not becoming a victim of these kinds of deceitful acts though I also think that these experiences will give us valuable lessons to make us more successful in this industry.
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I guess most investors wouldn't really mind what type of funding process the project will be conducting but rather they would be interested if the project has indeed got the key elements necessary for it to become a success thus they want to know if their investment would bring good returns or not?
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I would assume most of the crypto community would be against this project since everybody would think that once it gets realized, there is a big chance that it will have a sizable share of the entire crypto market and could reduce the value of any digital asset were holding right now including the almighty BTC.
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DOGE's price doesn't seem suprising at all considering its more than a year since the bearish market has begun. If we compare it to other altcoin price, we can say that DOGE still managed to have decent price as compared to other altcoins and still has maintained its spot within the top 50 in CMC.
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I think you have to assess your portfolio and check individually the coins/tokens that you're holding and set specific conditions for you to decide whether you have let go of them or hodl them as I understand current price of these coins have been affected by the recent crypto market turmoil but it doesn't mean that these project's are dead! Do a reserach on them and decide it for yourself.
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I didn't sign up and I didn't hear about your project before but i received an email spam is a bad thing (Welcome to ONIZ,
You have received this email as part of ONIZ login process. We want to make sure that you are you.
Click the link below to complete your ONIZ Login.
Click here to Login If you did not request in 10 minutes, this mail will expired
Best regards, The ONIZ TEAM)
Me too!, just recently received an unsolicited email from ONIZ but totally disregard it since I'm wary of clicking links form emails of unknown sources which could have a malicious payload behind it. ![Kiss](https://bitcointalk.org/Smileys/default/kiss.gif)
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It will be much better if you could check individually the project's status of your tokens so that if its still have active development, then you know that token will be for keeps and disregard tokens whose development activity had stopped or have gone cold.
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I tried to transfer ethereum from metamask to a crypto exchange. Even after a day it was in PENDING state. I had to cancel after paying cancellation gas fee. Again I tried with a (it said faster transfer ) higher Fee and it got dropped again ! I tried increasing speed at various points without any success losing gas fee. what's happening?
UPDATE : Got it through in 48 seconds now ! Was network too clogged last 2-3 days? what if it was critical or important ! And the worst part it it takes days to cancel even after payment of higher gas fee !
Maybe you didn't used the minimum amount of gas to send thru the transaction that might be the reason for such a long delay. You could use eth gas station to help you determine the required amount of gas needed to make your next transaction as swift as possible. https://ethgasstation.info
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I hope this project will get listed on Binance since I understand that Binance require a certain level of standards to be complied with by the project. Also, I'm more interested on their review on this project afterwards. Good luck! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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"If core bitcoin community moved from Bitcointalk to Reddit then.." it will result to chaos since Reddit cannot handle efficiently the total amount of information from bitcointalk since its creation. Moreover the idea of migrating all existing data from bitcointalk to reddit is ridiculous!
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These are interesting developments that happened with this project and I was wondering if the team have any plans to update the whitepaper in line with these important developments? I really hope the project will be out by 4th Quarter this year.
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One of the main benefits of using blockchain technology especially in Government entities is that it could drastically reduce the operating costs needed for a particular process to function if compared to using traditional methods and this could absolutely boost a nation's economy but I doubt it will be in massive terms but at least its already a huge advantage for early adopters.
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Having the payment option of top crypto for bounty participants isn't a sign of failure or neither a scam. Most of these bounty campaigns are designed to attract high ranking members of the forum but often its a fair reward they will get either in BTC or ETH so its nothing to worry about. But at the same time, it also doesn't guarantee that the project will not go flop, so the key trick here is to do diligent research first on any project we like to support.
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Based on your topic, I think banks could improve more on transparency but I doubt it will ever be implemented. Banks are viewed as some sort of entity that has ability to hide secrecy among its clients.
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