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Bitcoin is and should be censorship resistant. If a miner refuses to mine these blocks, hopefully some other will. That’s how it should be. Otherwise you can say goodbye to bitcoin. If the bitcoin miners will censor certain transactions because the law enforcement demands it, how can we say that bitcoin is still censorship resistant? How is this any different than the legacy banking where they can freeze any asset of anyone they want?
Maybe we’ll have to completely abandon bitcoin and move to the completely anonymous coins like monero which no centralized exchange will be selling. (D’uh)
This would take us back to the early 2010’s. Zero adoption days.
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I often see meme coins on various platforms, do they really have potential? I’m not sure about their advantages, can you guys help me explain them?
Meme coins are just a variant of shitcoins. They are shitcoins at the core but they have a meme/humor sauce on the top. Dogecoin is obviously the OG meme coin which is still funny and make people laugh. I can’t say the same thing for the other coins. They are only shit without a real purpose and they ain’t funny at all. Their potential is a tough topic. Impossible to know exactly as some people made massive amounts of money from these shitcoins but I think that market is heavily manipulated so I would steer clear of it. |
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-snip-
It seems to me that 30 posts a week is an impossible task for many participants, so starting next week the quota will be reduced (but the amount of payments per post will be increased) .. I’m still undecided, but I think that we will return to “merits” as the main indicator. On April 15, I will publish new payout rates (but I can already say that the upper limit will be $4 per post).
Impossible or not, actually it depends on each participant. I may be able to meet the maximum quota of 30 posts, but sometimes some of my post quality is not good enough because it is too chasing the number of posts. But it would be very good if it was reduced, and I also agree. If "merit" were the leading indicator, it would probably be good for post quality. But will it be targeted by the number of merits that must be achieved for each participant? And thanks for providing a complete list of boards that are ignored, this is very helpful so that the post quota every week is met according to the target, but not to avoid the list that is ignored because I am also active in some of the ignored board lists. If there will be a merit requirement, it will be even harder to fulfill that target. I'd say 30 posts a week is a bit much but not that bad. To obtain merits the post needs to be a very good quality, like newspaper/magazine level quality and it is impossible to make posts that good consistently (there is not enough topics to cover and there certainly isn't enough time, for me at least) and the post count will decrease even more. I'd say the current rule-set is fine. |
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Hi,
I am just after a bit of advice as have not been in this position before. I am currently invested in an altcoin that has given me a 24x return so far and just wondering how I should play it. I took out my investment so now holding my bag for free.
On one hand, 24x return is fantastic but on the other I feel we are not even at the Bitcoin halving yet so feel we have the rest of the year ahead for prices to rise higher.
I constantly hear people who have experienced a bull run advise to take profits and I will but is now too soon?
I can take the 24x now, but I only need my investment to double in price again and that will give me a 48x which is a massive difference.
I am not sure what to do but leaning towards holding and not cashing anything just yet. It is now a free bag I hold and it is a lot of money to me but I just feel it is more likely to keep rising throughout the bull run so best to keep holding until we get near the thrill and euphoria stage later this year?
Am I right to believe that as it is performing so well now then it should have no problem surviving the rest of the bull market?
Sell and don't look back. Even if it does another x2, the risk you are taking isn't worth as it already made a x24 return. This is like playing bustabit/rocket/crash (whatever it is called nowadays). It goes up up up up if you don't say "enough" on time, the rocket to the moon goes back to earth and you'll end up with nothing. Remember "Nobody's ever went broke taking profits." Look for other opportunities to make up for the money you need. Don't fall in love with any asset. If it is overpriced > sell. |
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Have you ever noticed or am I the only one?
The more active I become with gambling, the more it drags me back, luckily I keep risking only what I want to lose.
The less active I become with gambling, the more positive it gets for me, not most of the time but my results are simply better than when I was very active.
It's like the casinos are wired to mess with the most active gamblers. I don't know, so far I can only find someone who has seen such before.
A friend who lives far away from me has also said the same, he got tired of gambling because it wasn't going his way but when he started talking it less seriously, that's when he started to get positive results.
Has anyone had the same experience before?
It is the same for any other bad habit. Have you seen a guy who got better as he drinks more and more? Have you seen somebody who got betters as he smokes more? The more addicted you get to something, the worse the situation will get. The trick is to keep these addictions under control. If you manage to do it, it even won't be an addiction anymore. It will be a harmless vice. I mean you'll still damage your body if you smoke but it is not going to matter much if you do it once a month. You'll still lose money when you gamble but again, if you do it less, it won' be a life changing amount. |
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Its all about the ROI for many investors out there, so I think that OP is better off investing in Bitcoin than this, its just my own opinion, he doesn't have to do it, I just feel more at risks when investing on a casino, maybe because I understand Bitcoin more than any other thing.
Bitcoin is a high risk investment, it's volatile, if OP is patient enough to hold his bitcoin for a long term, then there's a high probability that he will be profitable. Howeve, there are investors who like to see their investment growing consistently, and it could be achievable in a casino since they are winning most of the time or in a regular basis, problem is, most profitable casinos now does not offer a bankroll investment anymore, so OP are left with no option. There are a few options actually. One of them is freebitco.in which offers 4% flat annual rate. They are not sharing their exact profits with you but it is close enough. 4% annual returns on bitcoin is pretty unbeatable as a passive investment. The other choice is blackjack.fun. I see that they let you stake your coins on their platform but I haven't tried that one out yet and it is a fairly new casino. (correction: I see they have been around since 2018) I'll probably try it out as soon as I get some sats from their campaign and report the results here. Eearn with blackjack.fun by staking your coins. Instead of just keeping your funds on your wallet, make them work for you. You can join instantly and leave whenever you want. Rewards are distributed every hour.
This offer is limited to 20 BTC. Once the cap is reached, new players wont be able to join.
What is the concept about?
It has been our ideology from the beginning that we want to build this platform around our community. After a few ideas, we managed to create this concept, where any player can stake their wallet for an undeterminet period of time, and gain a constant flow of crypto based on the amount staked.
How it works?
To stake the amount you desire, all you need to do is to select the type of coin and then select the unit. After that you will see the amounts of returns calculated for your input. You press the “ Stake my coins” button and thats it. Every hour you will recieve back a percentage of the amount you entered. The bigger the amount the better the return. You can check the status of your investments by accesign the activity dashboard. In the investments tab you can see the invested coins and the option to disconnect from staking. In the “Earnings” tab you can see real time the income based on hours, days, and months.
Risk free investment
Yes, that is right! Your coins will not be active on the casino pool, hence they are protected from any form of danger. It says it is risk-free but they only need 20 btc... |
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BTC touched 72k awhile ago which means it's still bullish and may continue through the halving. If this happens; it will be a change in price trend compared to it's historical data.
BTC is usually a bit bearish after halving which I usually see as my last buying chance but it's obvious institutional interest may change it's price action this time around.
I could be wrong but do we think we are gonna experience the same repeated price trend?
Is there a reason not to? The halving creates hype and the hype is over when the halving is done... People lose the hype and the price goes down. When we get close to the next halving, again the hype starts building up and the price also goes up with it. Every new cycle attracts new investors while some old investors cash out, the others stay. This way new investors are added to the old investors who stay in the market and the price keep rising. It has been like that for more than 10 years now. If I were to make an educated guess, I would say that it will go like that for the next 10 years at least. |
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I am not into lending/loaning at all but if I were to borrow money, I would do it here, on bitcointalk. There are many reputable users who loan money and some of them even use escrows even though they don't have to. If you use those "platforms" and get scammed, you'll likely lose your funds completely and you won't find anyone to complain about it. Here on btt, even though the chances are slim, if you ever get scammed, you can create a flag on the loaners account and also create a thread about him. The DT members will support your claims if you show them any meaningful evidence and the account in question will lose all the business he has here.
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It's not just the ETH blockchain from what the article says they will be on the XRP chain too.
I can see that working for them due to fact that a lot of people have one or the other. Not sure how many users have both, so it might get their stablecoin in more hands.
As to it being NEEDED, do we really need another stable coin? I just don't see it.
-Dave
They won't stop, soon crypto will lose its meaning as stable coins take over everything unless, someone does something to stop this mad shit. There are 2 stable coins in the list of 10 biggest coins by market cap on CMC. (USDT and USDC) and I believe BUSD (binance USD) was there too before binance decided to shut it down (which was very good news, thanks to the SEC I guess) XRP itself is shady as fuck, and why would anyone get any of their filthy product is beyond my understanding. Is XRP even crypto? Wasn't it a premined centralized database? And you say it will be available on the XRP chain, mind blowing. Scam scamscam |
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I guess this exchange sits in the optimal place between a dex and a populated centralized exchange.
I ve done some research and it seems to me eXch don't suffer the liquidity problems which bisq does since eXch owns their own funds. I recently installed bisq again just to see how it has been doing and again I was disappointed. It was a ghost town. There were many XMR sellers and buyers and that's because they can't trade that stuff on any other exchange probably but there were only 3 orders for LTC which is absurd.
Pros:
+eXch doesn't require any KYC
+It offers their own funds, don't rely on user funds
+automated, no waiting
Cons:
-Not decentralized, can be taken down
I think I'd rather use this exchange instead of using bisq or binance. Bisq has liquidity/user adoption problems and binance can selectively scam you out of your account.
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It is best to have enough space for 16 panels, since if we assume that each panel produces 265 W, the total capacity is 4,240 kW. The following table shows you the profitability of mining hardware https://www.asicminervalue.comOptions that generate profits, such as Bitmain Antminer KS5 (20Th), Bitmain Antminer KS3 (9.4Th), and IceRiver KS3, all require averages higher than 3200W, so you may not have enough to charge the battery. You can increase the number of panels, but the space will be governed by the equation 165 W per 1 m 2 and cost. You have the cost of purchasing the panels. The extra space. Battery costs. Purchase mining equipment. Insulation and electrical circuits. You should calculate your profits well, assuming that the price of Bitcoin is around $60,000, so that you will achieve profits as long as the price is higher than this price. Battery is the main problem here. It's easier to throw anything at the solar panels when the sun is up and shining but not the batteries. The battery setup that will carry a 3500-watt machine from the moment when the sun sets to the next morning before the sun is up again is crazy. This will cost you a lot more money since you won't be able to use 50% of the battery bank to avoid degrading the battery very fast, for a long-lasting battery operation it's better to always use 50% or 60% of the battery bank and charge it back. Do the math, you will be discouraged. The best solution is to use the Grid power at night and the sun in the day, battery is nah. 50% rule applies to sealed lead acid type batteries as far as I know. Li-ion and LiFePO4 batteries can be fully discharged without any problems. (These packs have battery controller chips which cuts power when the pack voltage drops below a certain point) However, li-ion packs usually can be charged/discharged 500 times before they lose 80% of their full capacity which means they won’t last more than 1.5-2 years while LiFePO4 packs can be charged 2000 times. (Can theoretically last up to 10 years) Then another problem arises, SLA batteries are cheap but heavy and inefficient. Lithium batteries are light and efficient but expensive. As you said though, solar system isn’t the best idea for mining. Not for bitcoin mining that’s for sure. You can get away with it if you mine alts on a few low power GPU’s but I don’t think it makes much sense to run asics on solar. |
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If you can make money consistently from forex trading then it is a skill. If you can’t, then it is a hobby. Tbh I don’t know anyone in real life who is making money from forex so and I don’t think I can be that person so I think it is not a skill which I can learn. I heard some people are making money trading forex but I have no idea how they do that.
I had a friend who used to be a fan of forex trading and he did make money, for a while and then his account was liquidated. After seeing his performance I decided to steer clear of it.
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Linux may be better for security than Mac or Windows but learning to use it is not feasible for the average person which is 99% of the population.
If you talk about Average Joe want to protect their coins, then you don't have to install many software because the more software you have, the more chance you made mistake. They don't have to install VPN, browser guard, antivirus etc etc, as long as they didn't click any unknown links, pirated software, join airdrop etc etc, they're high likely safe. They also only need hardware wallet instead of air-gapped wallet. You have made a good point. Also we are talking about bitcoin here. You need to be above average to be able to successfully secure your coins. So when he says linux is complicated and it is for smart people while windows is for dumb people, he also admits that 99% of the population is dumb and will never successfully secure their coins. If people insist on not learning about linux and other security practices, then somebody smarter and evil will take advantage of their stupidity. In this age not learning about linux is a choice between being stupid and smart. On some rare occasions though, even being smart cannot help you. Even the bitcoin dev LukeDashJr got hacked and lost his coins to a thief in the past when you think about it. Sometimes we are just careless. |
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Bitcoin will definitely beat gold’s marketcap in the future. All we need is more diamond hands. As long as nobody sells and there is still demand, theoretically the price of a bitcoin can go to infinity. However we know that there will always be some sellers who will create even more pressure on the price as the price goes higher. That’s why every once is a while btc goes into a bear market. So don’t feel bad if btc goes back to $30k’s or even lower soon. If that happens, btc will come back even stronger because more diamond hands will be buying the dip. We have had many price cycles in the past and there will always be more.
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Linux may be better for security than Mac or Windows but learning to use it is not feasible for the average person which is 99% of the population.
This is where you are completely wrong. A well-known linux distribution like linux mint is almost the same thing as windows. People often think linux is an OS from Mars that only aliens use. If you give it a chance you’ll probably like it more than windows. Linux is fast, linux is secure. You can run games on it via wine, you can edit videos and do many other things which you do on your windows PC. There are only a few paid programs (often Adobe products) which are not available on linux but these programs are becoming cloud/browser apps slowly and that means they’ll be running on linux too. Just give it a chance, linux is freedom. |
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Depends on which alt you are talking about. The alt I favor (litecoin) by all means isn’t down 30%. Only down 10-12% from its local top. ($115 > ~$100) Other coins may have fallen a lot more because their price wasn’t real to begin with. It takes only a little selling pressure to send them to the ground. They lack liquidity and real demand. Maybe invest in better projects and well established alts like ltc, xmr and doge next time? These alts haven’t met their ATH again for a long time sadly but at least they won’t go to zero like the others.
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A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.
Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.
Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?
What are your thoughts on this?
Predicting the trends of a coin? Why would anyone even need this? If you think a coin will rise any time soon, why don't you just buy it? If you think otherwise binance has many tools you can use to short that asset too. What you basically want is an exchange where you can go long&short, do you realize that? I think bitmex or binance is the casino you are looking for.  |
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That's a great post. It almost has all the information I've been reading about litecoin lately and I agree with every point. That's why litecoin is my favorite crypto nowadays. Just look at the btc/ltc chart. It is at its all time low. LTC used to be worth 2.5% of a bitcoin and it is been going down since then but something different happened in the recent months which you forgot to mention but d5000 didn't. Litecoin found a real base. That's indeed going to make a difference. People could have preferred doge or bch which are also cheap but they didn't. Litecoin has been dominating the crypto payments. Litecoin is inevitable. |
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This guy needs professional help. Possibly drugs to calm him down. Some drugs mess up your brain so badly you’ll become a smiling zombie or a sleeping cow. That may solve the problem. Other than that you may try to talk you out of it but that rarely succeeds. These people are often very stubbrn. They usually don’t admit any wrongdoing too. You need to be smarter than them if you want to break this cycle. Maybe even drug his meals without telling him. It is because these people won’t go to the doctor themselves unless they fuck up huge and even then it is not guaranteed.
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If you don’t mind using custodial wallets, it works well but that’s one big if and I do mind it. I want to own my own private keys and I don’t want to depend on any centralized service so I am kind of moving away from LN lately. I’d like to use btc’s main layer for anything and If I can’t do that because of the high fees, I’ll be going to the next best project which has cheap and fast transactions. I think crypto loses its purpose if it loses its decentralization aspect. LN is fine if you don’t want to move away from btc but it is also like using centralized bank apps as long as you don’t own your own LN node and in my experience people who use LN usually don’t own a node. It is because they use LN for its low tx fees and creating a LN node ain’t come cheap. It is a paradox.
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