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2341  Economy / Speculation / Re: If this $64 billion ETF approved, Bitcoin could surpass above $60,000 on: March 12, 2021, 09:02:48 AM
Its not $64 billion ETF. Its ETF that was proposed by a WisdomTree - asset manager that manage a $64 billion. ETF is not an investor. ETF is just an option that allow investors to invest. And investors have tones of options nowadays. Starting from crypto exchanges, paypal, robinhood ending on already approved ETFs, CME, Investment funds like greyscale. Its not 2016. No one will be excited from another ETF.
2342  Bitcoin / Bitcoin Discussion / Re: New Bitcoiner into the world on: March 12, 2021, 08:54:28 AM
Congrats! Smiley

Create a new cold wallet and put there few bucks for him. He will become all life hodler that way Smiley

Good luck with rising new bitcoiner. A lot of work ahead of you, but very rewarding
2343  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Idena is the first Proof-of-Person Blockchain on: March 12, 2021, 07:43:04 AM
What a great move by devs.

There are many factors that makes it hard to estimate earnings by newbie. This will keep novices from bouncing off the high entry threshold. Now they know that it's worth staying. Love it.

Please check the upcoming changes:

"Mining delegation
Any validated identity can delegate mining to another address, which in this case will act as a pool. This will allow you to keep only one node per family or a company of friends instead of several and save mining costs."

Finally !!

2344  Alternate cryptocurrencies / Altcoin Discussion / Re: Phenomenon of BNB (Fundamental analysis BNB/USD) on: March 12, 2021, 07:26:42 AM
Binance was increasing the temperature for 2 days, making an announcements of announcement, and finally informing about the hiring senator Max Baucus as advisor in terms of regulations:

"Sen. Max Baucus
🔶Senator of Montana for 36 years
🔶11th U.S. Ambassador to China
🔶Advisor to Alibaba
🔶And much more"
https://twitter.com/cz_binance/status/1370236172031586306

What's your thoughts about this?
2345  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which crypto do you expect to increase by 10000% in the next couple of years on: March 07, 2021, 05:31:04 PM
People are looking for which cryptocurrency will replace Bitcoin.

Nothing will ever replace Bitcoin. It is possible that some day something will be evaluated higher than BTC but it is not replacing, its just becoming bigger.

Back to question from OP. Everything outside of top 200 CMC can pump 100x during this year bull market. Its hype time. Fundamentals are more important during bear market.
2346  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrencies based on the ethereum system. on: March 07, 2021, 05:02:23 PM
Which exchange or website are you using to check the Ethereum-based coin exchange rate? I am looking for sites that will be most in one place. Transparent good site. Who will help?

Do i get you right? You are looking for site where you can check prices of etherum tokens right?

Here is a list:

https://coinmarketcap.com/
https://www.coingecko.com/
https://coinpaprika.com/

or directly on dexes:

https://info.uniswap.org/pairs
https://1inch.exchange/#/

or cexes:

https://www.binance.com/en
2347  Economy / Speculation / Re: Bitcoin balance on exchanges reached a 2-year low on: March 07, 2021, 04:55:39 PM
This is pretty decent drop. Like >20%. Where to find chart for longer period? Like 2014 - 2021. Or similar chart for stable coins?

the price will rise easily after 58,330.57 point.

Everyone who was here during 2017-2018 bubble burst knows that that's not how the end of bull market looks like for bitcoin. -20% dump and calm consolidation. The end of bull market will be like -40% in a week, -70% in 2 months. So I agree. We will fly easily after breaking new ATH.
2348  Alternate cryptocurrencies / Altcoin Discussion / Re: Which One of This Features of a Coin Would Make You Invest Your Time and Money? on: March 07, 2021, 09:01:35 AM
Almost every coin claims to have them all.

HACASH as a "store of value"? Cmon... Its not something you can implement. Its something you earn after years-decades being tested in a field. Its definitely not something a coin not even listed on CMC/coingecko has.




2349  Bitcoin / Bitcoin Discussion / Re: MicroStrategy Purchase on: March 07, 2021, 08:55:21 AM
Michael Saylor - "MicroStrategy has purchased an additional ~205 bitcoins for ~$10.0 million in cash at an average price of ~$48,888 per #bitcoin. As of 3/5/2021, we #hodl ~91,064 bitcoins acquired for ~$2.196 billion at an average price of ~$24,119 per bitcoin. $MSTR"

That’s a lot of bitcoins. It’s pretty crazy to think about where we are right now compared to the past. Today, it’s a stressful battle at 48k/coin to break back through 50k or drop back down to retest 43k. I remember when I pumped about it being 5k.

This 10M is nothing compare to their total holdings. I will call it more like a message "we are still here and we are buying" rather than a thoughtful purchase aimed at increasing their exposure to bitcoin. This shows a little that their bags are full or close to full.
2350  Bitcoin / Bitcoin Discussion / Re: Question about current capacity on: March 07, 2021, 08:22:55 AM
Hello,
I have just recently started learning about Bitcoin.  One of the issues I've read about is the capacity of the network in terms transactions/second.  Anyone know the current capacity?  What's the plan to address this issue?  I know there are a number of possible technical solutions but none I've read about would increase the capacity by orders of magnitude. 

Thanks for any info.
Dave 

Bitcoin is now more like "investment tool" AKA digital gold rather than digital money that is ment to replace fiats. So the fact that bitcoin is slow would not threaten him in any way. Bitcoin will never be as fast as visa. Is it bad? There is a scalable solution to it. You can wrap bitcoins from your hot wallet to other, more scalable, less secured/ less decentralized chains - f.e. BSC and use wrapped bitcoin. I think that thats what future of bitcoin will looks like. Majority of bitcoin-related traffic will take place outside of bitcoin chain.
2351  Economy / Economics / Re: Why not "COVID" vaccine passports on a blockchain ID on: March 07, 2021, 07:43:21 AM
Because you would need a world database, because the governments have incompatible systems

Blockchain does not change anything here. You have to have global database (something like excel sheet) or global software to add records to blockchain and the duty to teach thousands of people how to use the new system etc.

global centralized database might be close to free. Adding records to blockchain is expensive.

because it can be tampered with...
What for? Who would want to manipulate the information about who is vaccinated and who not, except for units that do not want to be vaccinated, but these will not have access to a centralized database anyway.

What blockchain change here? You will be able to add anything you want in there. You only would not be able to change anything.
And in the case of this blockchain application, you do not need to change anything in the blockchain to make it tampered, person resposible for adding records to add "mr xxx just received vaccine" while in fact he didn't.

Blockchain is expensive and should not be applied everywhere where it is possible.
2352  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB has surpassed ETH!!! While BNB still 7x cheaper than ETH right now on: March 06, 2021, 03:18:55 PM
The Ethereum network makes it difficult, I don't know if this will return to normal or it will stay like this, we are making it difficult when sending tokens is much more expensive compared to the current BSC which is a trend that is widely used.

It will not change without eth 2.0

Just imagine what happens in the background when ETH pumps 5%.

1- arbitrage between cex and eth/usdt eth/usdc eth/dai eth/.... (all stable coins) pools
2- triangular arbitrage between every eth/altcoin pool that has also good liquidity on stable/altcoin pool

3- arbitrage between pools on different platforms (like mooniswap, uniswap, sushiswap)


Even if everyone will stop using ETH dexes ... fees will not go down because market mechanisms (mainly arbitrage) is enough to clog the network. How do I know that? Because when fees will go down there will be simply more arbitrage (because lower fees will only make it profitable to arbitrage on lower spreads)

ETH is not made to be a platworm for AMM Dexes.
2353  Bitcoin / Bitcoin Discussion / Re: Innovating mining farms! From strawberries to chickens ! on: March 06, 2021, 03:09:41 PM
I definitely have read about miners using the heat from mining so not my first time reading about something similar but yeah, way to go miners haha.

I mean, even in Southeast Asia in my hometown where the heat is problematic (because we have too much sun haha), they've found a way in some generator systems to distribute the heat to help in agriculture mainly (incubation, or fermentation, for example) so yeah, it's just finding a way to convert all that energy otherwise lost;)

It is also possible to convert waste heat back to electrify with 20% efficiency (source from 2012 - most likely we have better technology now). But I never heard that someone ever done this with mining. Might have interesting results.
2354  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB has surpassed ETH!!! While BNB still 7x cheaper than ETH right now on: March 06, 2021, 12:14:23 PM
I see nobody that I personally know using a BSC dapp right now (not defi ok but actual apps).

The fact that you and people from your circle does not use BSC does not proof anything. This type of argument has a logical error called "false universality" - using data from an unrepresentative statistical sample

I see nobody I know or heard of who likes BSC.

To like a blockchain ... XD

From UX BSC and ETH are the same. You can even use same DEX aggregator to trade on botch chains (1Inch support BSC and ETH). You can use same wallet for ETH and BSC (metamask). The only difference for end user is 0.2$ fee instead of 70$. I use BSC more than eth these days. I stopped to accept ETH chain tokens as reward (payment) -f.e stable coins. I ask for Tron usdt or BSC BUSD, BSC USDC. Same when I use crypto to pay for services. ETH is unusable for > 10 000$ transactions.
2355  Bitcoin / Bitcoin Discussion / Re: Innovating mining farms! From strawberries to chickens ! on: March 06, 2021, 10:29:20 AM
but chicken i think will be a problem with thoose cables

I hope you don't mean that chickens will be walking next to antminers Smiley Heat can be easily transferred from mining room to chicken room, no need to keep mining equipment in cage with chickens Smiley
2356  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB has surpassed ETH!!! While BNB still 7x cheaper than ETH right now on: March 06, 2021, 10:25:16 AM
I wouldn't compare ETH and BNB this way. After all, we can all see that Ethereum has a huge advantage over all other platforms. We can safely say that about 70% of projects are based on the Ethereum network. It may appear that with the current HYPE, BNB is catching up with ETH but that will change immediately as ETH 2.0 is implemented.

We will have to wait for months to years for eth 2.0. Untill than BSC will grow exponentially (just like its growing now). The main advantage BSC has over other ETH competitors is that it is ETH compatible. Starting from first day BSC gained acces to all infrastructure ETH was building for years ... wallets, dexes, SC. Project can move to BSC without extra coding. If BSC will grow 10-100x more now one will come back to ETH 2.0 because whole volume, innovation, traffic will be on BSC.

And amount of projects on ETH does not mean anything since we all know that 99.9% of projects will die in next few years because they are useless.
2357  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB has surpassed ETH!!! While BNB still 7x cheaper than ETH right now on: March 06, 2021, 08:02:51 AM
Your data may seem practical but it does not appreciate the situation in terms of the term.  pumped inventory is only temporary if not completeness.  I see no signs of real evidence that BNB has surpassed ETH in terms of user value or market capitalization and so far ETH still holds TOP 2 with certainty even though ethereum 2.0 has not had its final results.  launch.  Of course I agree that the market cap and value of BNB have increased dramatically while running BSC but that has yet to prove the superiority of BNB.

You confuse 2 parameters. Value and price.

@OP

Its hard to compare those 2 assets. ETH is slow but decentralized, BSC is fast but semi-centralized (proof of authority). BNB is also a utility token on biggest crypto exchange. BNB is deflationary (like -5 to -10% annually) while ETH is inflationary. BNB gives passive ROI from lauchpads, lauchpools (like 20-60% annually). Its also good to point out that the chart posted by you is logarithmic. BSC not "barely pass eth", it already did like 5-10x of eth trafic. It goes from 1/100 of eth traffic to 5-10 x eth traffic (x1000) in a matter of 1 year and dynamic of this grow is amazing. While ETH trafic remained almost constant - that proves that it already hit the roof created by high fees.
2358  Economy / Economics / Re: The bond market affects Bitcoin on: March 06, 2021, 07:52:03 AM
0 - printers doing brrrr to buy treasury bonds
1- this makes negative real yields on bonds (this push money down)
As of 2017, the size of the worldwide bond market (total debt outstanding) is estimated at $100.13 trillion, 100 trillion is looking for alternative
2- interest on term deposits in banks are close to zero (this push money down)
3- corporate bonds risk of not being paid is bigger than expected ROI (this push money down)
4- inflation and fear of inflation getting bigger and bigger forces people to look for assets that will protect their funds from inflation by accepting even greater and greater risk (because safe assets guarantee a real loss (expected profit - inflation))
5- this push money to real estate makes them super expensive (3-4 % real profit from renting is still not enough to cover inflation)
6- this push money deeper and deeper (stocks and dividend profits) but they are cosmically overvalued and dividends are very small
As of December 31, 2019, the total market capitalization of all stocks worldwide was approximately US$70.75 trillion. so 70 trillion is looking for alternative
7- this push money deeper into very high risk assets (bitcoin) - the profit opportunity is usually better than the loss guarantee - and bitcoin is worth only 300 bil $ so even a small fraction moved from above assets will cause huge pump here.

Thats how everything is connected. And when (or rather if) bonds will start again to give adequate, certain profits part of funds will go back will start going back to the top of the ladder. Where to hide? First of all i don't think you need a place to hide, money moves from asset to asset in cycles ... but, if you need a place to hide... the best asset that almost never go down is long life food and toilet paper Smiley
2359  Bitcoin / Bitcoin Discussion / Re: Innovating mining farms! From strawberries to chickens ! on: March 06, 2021, 07:30:39 AM
In a country like Russia or Ukraine , the cost of heating is extremely high , around 100$ a month on good days and that too is very variable.

One thing - 100$ in firewood will heat your home as good as 600$ in electrity. So your mining set should generate at least 500$ profit to compensate the difference.

But yea. Using heat as precious resource instead of as a waste is a well-known approach.
2360  Bitcoin / Bitcoin Discussion / Re: Guy using bitcoin to cover his tracks while running from the authority on: March 06, 2021, 07:23:18 AM
It definitely will put it in a bad light when you include pedophiles in the same thread about bitcoin being used as a runaway money, not to mention that it is also a situation in USA, the land full of ignorant people and manipulation, the sin capital.

internet - mostly every fking social media platform is being used by paedophiles all the time. No one cares. It will not put a bitcoin in bad light either.

Paper cash (real untraceable asset) is being used in such situations all the time. No one cares.

Bitcoin has nothing incommon with this case. Does not significantly help and at the first mistake will expose his every move - unlike cash.
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