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2361  Other / Meta / Re: itcointalk.org, btcointalk.org, bitcoitalk.org, etc. on: May 07, 2021, 11:12:47 AM
I doubt Binance themselves bought them. Someone else did so they could shove their ref links and get some money (?ref=X1H3VBDT).

Yes, you are right. I didn't realize about the ref link. I wonder if this has been going on for long and how profitable it is.

They might be looking at how much the domain is worth (eg for exit scamming)...

They'll be able to change the redirection whenever they want.
2362  Economy / Service Announcements / Re: [ANN] ChipMixer.com - Bitcoin mixer / Bitcoin tumbler - mixing reinvented on: May 04, 2021, 02:19:09 PM
If anyone wants a mnemonic to write down/remember for the chars that appear:
Wage Zebra Xray Tropical Zoo Balance Worry

The same link loycev posted has been in my signature since around then and has been used.

It's useful to come back to this topic and see if anythings changed just before you go to use it though - even if it hasn't changed in almost 4 years.
2363  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Explanation of exchange rate for Compound on: May 03, 2021, 10:40:46 PM
I'm going to assume it's set by a smart contract that determines the block height and whatever function is being used.

The main interactions originally were issuing loans and taking loans (even if its possible to buy things like cdai on uniswap). I'm assuming the block height or the amount of assets that are stored determines how much interest you pay and how much compound grows (people normally have to collateralise 150% of their loan value as well).
2364  Economy / Lending / Re: Free lightning tests on: May 03, 2021, 08:54:40 PM
Back for 4 hours if anyone wanted to give the lightning network a try. I'll be here again in a few days too...
2365  Other / Beginners & Help / Re: What's the mathematical puzzle miner solve? on: May 03, 2021, 06:04:37 PM
Maths has two different types of algorithms, linear and non linear.

Linear algorithms follow rules such as for addition:
As input x gets bigger and output y gets bigger, output z will get bigger.

The other type of algorithm is non linear for example taking the remainder after a decimal:
Regardless of the size of the input, we know the output will be between 0 or 1.

The sha algorithm uses blocks that are of the same size and runs a function on each pair of bits to return either a 0 or a 1 as an output for each bit. This is essentially the mathematical problem being solved.

(the problem with trying to fudge the numbers for non linear algorithms is that it's much harder to guess what second it is than what day it is)..
2366  Other / Meta / Re: Why we need a mobile compatible forum?? on: May 03, 2021, 05:10:10 PM
I don't mind the zooming tbh and I don't think most of us do.

I'm not sure how easy it would be making this forum mobile friendly too, would you put user stats at the top of posts or have it in the current format?

There was a mobile app for the forum. That used to exist but it made the forum kinda small and I think it was quite untrusted too.



You might be better off designing something and taking it to Theymos.

There are simpler versions of the forum you can use for browsing though too if you don't want to zoom but I don't think you can reply to posts with those.
2367  Other / Beginners & Help / Re: What will happen after all bitcoin are mined on: May 03, 2021, 02:03:08 PM
This assumes bitcoin has been going for over a century. At that point, miners are going to have to ensure the chain remains attractive for transactions to be made on it.

If it's not attractive to use, it's no longer innovative and could just die out. Within the next 10 years we'll probably see the price stabilising some way, and miners and developers might make productive differences to the chain (eg increasing block size). I like the interval of 10 minutes for this chain as we have the lightning network for other transactions and altcoins like ltc.
2368  Other / Archival / Re: Everyone is following the same strategy on: May 03, 2021, 02:37:21 AM
A lot of people seem to be just gambling on these markets anyway. You won't get much follow through from ta on pairs like btcusd because you've got random manipulation to factor in if someone just dumps their coins or sends large amounts of coins in one transaction...

Not everyone has the patience to hold onto their strategies either which might be where a lot of the gaps come from as well as speculators just buying because they're dcaing or something.
2369  Alternate cryptocurrencies / Altcoin Discussion / Re: Help with bitcoin gold fork explorer on: May 02, 2021, 05:26:10 PM
I'm thinking it could be replay protected. Try to find a converter online that can convert your address or test it in an electrum gold wallet with one if your private keys. You might find it has funds that way.



Edit: the new address could be the one the funds have been sent to, what does it begin with? "G"?
2370  Economy / Speculation / Re: How risky do you feel investing in Bitcoin is in this point of time? on: May 02, 2021, 04:04:56 AM
This week and potentially this month are quite an optimistic time to invest. We're below the ath and have a good chance (in my opinion, at some point) of breaking through it - potentially soon.

If you're planning on holding for a while too there's even more of a benefit to investing now, once news articles start getting heavily interested in bitcoin I'd say you might want to consider selling back to regain your initial capital as a crash could be over the horizon.
2371  Economy / Web Wallets / Re: Lost Blockchain password on: May 02, 2021, 03:06:55 AM
Do you know where the funds were sent from? You could try looking to see if you can find the address your coins are at now and search them up on an explorer like blockchair.com.
2372  Economy / Trading Discussion / Re: You could die from trading. on: May 02, 2021, 02:57:03 AM
As a trader, there is a lot of ups and downs in the market, you could loose all your capital in less than a minute with just a very little analytical mistake.

Can we stop calling gambling trading?

If you're putting all your funds on a trade (especially if its leveraged) you're not trading well, you're trading with high risk (gambling). It's like putting a bet on the horse with the best odds, you're going to lose more than you win in most cases.


That's kinda crazy... I think Americans are taught to put a lot of value behind their arbitrary units (/fiat) too so it must've felt like a massive blow to him.
2373  Alternate cryptocurrencies / Speculation (Altcoins) / Re: My crypto portfolio, please give me some feedback on: April 30, 2021, 11:49:53 PM
I want to know if my crypto portfolio is good or I should trade some of these coin I have.
I think it's mostly good what you have so far. I'm not sure on ht elower percentages, you might be able to look at coins like bat and see if there's a way to make that amount up by using the browser and the others might be good for tokenomics right around now.
Bitcoin dominance is also really low at the moment though so it might be woth loookin at its all time low and seeing when the best time might be to convert those coins into bitcoin (if that's what you're after acquiring). If you're doing this for a long term hold thing then you might want to keep up this diversification as it will help to propagate your funds further in case a chain gets hacked or something (sure it's rare with btc or eth but they're probably the ones most people will attempt to attack, the most secure ones but also the highest reward for attacking)

Upon investing, considering the top 10-20 altcoins in the highest volume in the market are good to invest, beyond that will perhaps a very risky investment.
Some of them probably won't be here to stay though - like bcash (hopefully).
I don't even recognise about 5 coins in the top 20 by market cap too...
2374  Economy / Economics / Re: Will China take over the world with the Digital Yuan? on: April 30, 2021, 06:18:39 PM
Have you looked up a chinese currency on forex markets?

They don't want anyone trading it. They randomly hyperinflate their own currency to encourage people to invest their funds or to spend (I don't know if they give warning on that or if it's random).

Also, countries generally don't want to trust other governments (the European commision combined with the common wealth was very good at bringing a lot of economies into one umbrella and removing the "xenophobia" against governments). The two, now split, will likely be able to do that but as a single cooperation scheme it was quite big.
2375  Bitcoin / Bitcoin Discussion / Re: US Bank to Offer Cryptocurrency Services Pending Compliance Approval on: April 30, 2021, 04:05:26 PM
It's a shame they don't do this when we're not in a bull run. They'd look so much better if they waited a year and could show better returns too.

I don't have a full grasp of how crypto works yet, but isn't the idea of integrating blockchain technology into the financial system to move away from banks? Or, yes, I think I get that people still need to cash out and exchange crypto for fiat until full crypto adoption happens. Does this mean banks and crypto exchanges have to cohabitate until one dominates the other? If banks know what crypto is up to, I doubt they'll let themselves take the bait or keep the relationship going for long. Please enlighten me. Thanks much! ;-)

Bitcoin isn't really friendly to individuals though. It has an unforgiving nature and high fees which are both quite problematic (my bank don't charge fees on anything).

So at the moment, it looks like another payment provider might be needed - at least until a time bitcoin can scale better.
2376  Economy / Economics / Re: Tax-sheltered crypto on: April 29, 2021, 08:59:04 PM
Is renouncing ones citizenship. Immigrating to a country where 0% taxes are levied on crypto holdings. And becoming a digital nomad an option?


I think some European countries had no capital gains tax after a year also so you could move to one of those.



There are stocks you can invest in that manage funds and assets (eg miners) in crypto hardware over in the UK im not sure if there's the same over there but it might be worth trying to search for a "blockchain etf" that covers the industry BUT these come with less reward in the immediate term.

It's likely the premium paid on funds like grayscale are for the benefits you can achieve with it but it might still be worthwhile as it's a one off tax and not a compounded one.
2377  Economy / Trading Discussion / Re: Investing Urge or Trading Surge on: April 29, 2021, 03:03:16 PM
what your risk appetite is, and how much money you can afford to lose
I can afford to lose not more than 25%

There's your answer. I'd say put 10% in if it's a good project and less if it's higher risk.

A good project that fills a niche shouldn't matter how much you put in first (eg if you do 10-100x on it, then you've doubled up at least just from the 10x.

You're also less likely to sell at a loss if you don't care about how much you've put down.


If you want to rate your portfolio, call the mutual funds an asset type 6, bitcoin and eth of type 7 and new coins/low caps of 8 and cash derivatives of 1.

What proportion were 1, 6, 7, 8. What proportion are you happy with (eg I normally treat crypto on its own but did you lump them all together to get 25%)?
2378  Other / Beginners & Help / Re: Scam or not on: April 29, 2021, 11:58:24 AM
I'd add a warning that in trying to search the company it brought up another one with a similar name in a similar area: https://www.forexbrokerz.com/brokers/richfield-capital-review

While the name is quite generic it's generally problematic for a lot of cases and normally isn't done (eg you probably wouldn't be able to register the name they're using anyway and I don't think their disclaimer mentions being part of another company).

If you can find nothing from them I'd either just leave ut or experiment with a little bit of funds on their platform.

You might be able to post them your email address and phone number to their address registered in Switzerland to see if they're traceable if they aren't legit (assuming you need identity information to even rent a PO BOX in most places).
2379  Economy / Trading Discussion / Re: Do you run when you fail or loose in a trade? on: April 29, 2021, 01:55:32 AM
Risk management is normally the issue in this circumstance. If you've got a good trading strategy and a good chance of winning in trades (>50% normally but preferably >70%) then that's what it'll be.

Most people seem to mitigate this by offering signals either directly to someone or on a group.

If you want to trade, don't risk more than 5% of your portfolio on a trade, and try not to make hops that can scare you (eg set up a trade late at night if you've just deposited so you won't check how it's doing while you're asleep).
2380  Economy / Exchanges / Re: Best way to cash out? on: April 29, 2021, 12:49:40 AM
Tether seems to have a transfer fee of $20-$100, I'd recommend litecoin or something with enough security that's accepted on other exchanges and is cheap to send (like decred).

For cashing out with a fiat exchange I'd look for comparisons on their costs and see if there are ways to reduce them (eg some sites have a "pro" version that's cheaper for handling trades and withdrawals).
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