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2361  Bitcoin / Bitcoin Discussion / Re: So let's analyse bit of btc and crypto founders on: December 12, 2022, 06:33:48 AM
Will the xrp taking over btc with xrp utility and good things like transactions speed and good sacability of


Are we honestly really once again talking about certain shit altcoins taking over bitcoin because of transaction speed? In 2022?
2362  Local / Pilipinas / Re: Ronie Alonte Loisa Andalio nanakawan ng crypto on: December 12, 2022, 04:44:44 AM
Hindi clear pero mukhang software wallet gamit nila na walang backup. For 1B worth of crypto, sobrang careless naman kung mobile wallet lang tapos walang backup. I'm skeptical though, hopefully for tax evasion purposes lang to kaya pinublicize lol.
2363  Alternate cryptocurrencies / Altcoin Discussion / Re: Why The Goverment try to centralize Crypto Be CDBC? on: December 11, 2022, 12:16:23 PM
CBDC is fiat. The only difference is just the fact that they might be using a blockchain as a database instead of the typical SQL database.
2364  Bitcoin / Bitcoin Discussion / Re: If someone sends you 10 bitcoin ? on: December 11, 2022, 11:09:36 AM
So... I would probably keep those funds untouched until I'm approached and convinced beyond doubt that the person approaching me is the one sending me those coins. If that happens I'll send them back. Of course if anybody is asking about that address of mine, I'll answer, helping the conversation take place.

This poses another problem — how will you be approached by merely just knowing your bitcoin address? On Ethereum you can send messages on-chain and through sending an ENS domain, but as far as I know you can't do something similar on Bitcoin.
2365  Other / Beginners & Help / Re: Be careful ! on: December 11, 2022, 09:32:35 AM
I thought to myself, when did Binance deactivate these? Then I moved on, reactivate all three security 🔐  measures, this morning again the same thing happened, is Binance buggy or what?

Seems very abnormal. Your best move is to simply try contacting Binance support. Should be easily fixable if their customer support is decent.

https://www.binance.com/en/support
2366  Bitcoin / Bitcoin Discussion / Re: My first sponsored Bitcoin seminar on: December 11, 2022, 05:34:11 AM
Which I think that he's doing it but for on the otherhand, there probably be minimal mentions about it as investment and other finance stuff.

Obviously I have zero idea if OP did good or bad with his seminar, but you'd be surprised how much bad presentations there are concerning Bitcoin and cryptocurrencies. I've seen some that focus too much on trading/investing.
2367  Bitcoin / Bitcoin Discussion / Re: My first sponsored Bitcoin seminar on: December 10, 2022, 08:58:56 AM
I don't know why others don't think that this is a good idea. It takes time, bravery and encouragement someone to have his initiative to do such activities like this, a seminar.

He's just spreading awareness and helping people to be educated about bitcoin. And that's the good thing there, it's not just all about bitcoin as an investment, he also mentioned bitcoin adoption for which it could be the part of why bitcoin has been made, the main purpose of it which is as a payment.

Keep it up Bushdark, well done mate.

In general, it's good. But it will totally depend on how the person presents Bitcoin. It's great if the person focuses more on the actual uses and importance of Bitcoin, while it can be very bad if the person focused on making money and stuff.
2368  Bitcoin / Bitcoin Discussion / Re: Would you work on Bitcoin full-time? on: December 10, 2022, 08:23:24 AM
You put a stake in betfury or nexo if you want to earn BTC fulltime.

..potentially. We all know what happened to the likes of BlockFi, FTX, and the others. Sometimes(or most of the time), it's simply just better to bet on a BTC price increase rather than hoping to gain extra through these yields.
2369  Bitcoin / Bitcoin Discussion / Re: Will there be a replacement for bitcoin one day so that bitcoin isn't number 1? on: December 10, 2022, 08:03:28 AM
I think it is practically guaranteed for something like this to happen since market capitalization is very easy to fake.
It also did happen in the past at least one time (that I know of) but it lasted a couple of hours before the shitcoin got dumped.

I wouldn't say stablecoin marketcaps are easy to fake, but when talking about cryptocurrencies in general, then I'd agree. This is why the "Bitcoin dominance" metric is mostly irrelevant.
2370  Economy / Speculation / Re: Bitcoin price 2023 on: December 10, 2022, 05:13:01 AM
My 9000 IQ bitcoin price prediction: in 2023, bitcoin's price will be somewhere between $1000 and $100,000. You're welcome.

But just to guess, I think we're at least going to get a bull trap(probably a 2x?), then the dump continues for a while.
2371  Bitcoin / Bitcoin Discussion / Re: Will there be a replacement for bitcoin one day so that bitcoin isn't number 1? on: December 10, 2022, 05:01:31 AM
Depends what you specifically meant by "replace".

- If you meant a different cryptocurrency replacing bitcoin as the best currency/SoV, then it's totally unlikely in the foreseeable future.

- If you meant bitcoin being replaced as the #1 cryptocurrency in terms of marketcap, then it's kinda likely — specifically, potentially overtaken by a stablecoin.
2372  Bitcoin / Bitcoin Discussion / Re: Would you work on Bitcoin full-time? on: December 10, 2022, 04:49:20 AM
It can be seen that they spend a lot of time and energy to maintain the normal operation of the forum, and of course many legendary members are not staff. So I feel like they're all doing bitcoin full time.

I'm personally on Bitcointalk a lot, but the "work" I do here is so light that I wouldn't even call it "work".

But to answer your topic question, I'd love to work on this space "full time". But alas, I'd have to venture outside this industry as the cryptocurrency can be really fragile at times and is obviously cyclical.
2373  Economy / Trading Discussion / Re: Ftx who and when Will fund losses ? What's the further plan ? on: December 10, 2022, 04:00:30 AM
While a lot of regulators and government people are suspiciously siding with SBF, I totally doubt the government would bail out a cryptocurrency exchange — if anything, I'm pretty sure they'd want to see this industry burn to the ground.
2374  Bitcoin / Bitcoin Discussion / Re: Should El Salvador Fork Bitcoin? on: December 09, 2022, 10:40:29 AM
El Salvador unnecessarily forking an already fully functional blockchain aside — if any country would want a cryptocurrency, they're a lot more incentivized to fork something like USDT/USDC — which are stablecoins with "freeze"[1] functionalities.



[1] https://bitcointalk.org/index.php?topic=5204055
2375  Economy / Exchanges / Re: Advise ,please, crypto exchange on: December 09, 2022, 10:19:08 AM
Don't go with best rates, go with decent rates but with high reputation. For this, I'd go with Coinbase for US peeps, and Binance for everywhere else.

As always though — not your keys, not your coins. Only use exchanges for trading, not for long-term holding. https://notyourkeys.org
2376  Bitcoin / Bitcoin Discussion / Re: All Hal Finney's Tweets on: December 09, 2022, 10:07:07 AM
Here's a link archive of Hal's profile: https://archive.vn/q8LPH

Unfortunately the individual Tweets can't seem to be archived unless you do it one by one, which requires a good amount of time — for those who want to see the responses to the tweets.
2377  Economy / Trading Discussion / Re: My advice If you are here to make money on: December 09, 2022, 09:43:29 AM
Most important in crypto is stable income everyday.

While you can definitely make life-changing money in crypto if you know what you're doing — the words "crypto", "trading", and "stable" doesn't really go well together. Even the best traders have bad trading days.
2378  Economy / Trading Discussion / Re: Are the Whales Control bitcoin price? on: December 09, 2022, 09:23:08 AM
but if the whales owned 51% of bitcoin, can do it?

A "whale" can move the markets to a certain extent, but it doesn't give them overall control over the markets. Take note that even "whales" that attempt to manipulate markets can also lose money.

Also, no "whale" owns 51% of the total supply. Most of the wallets with huge bitcoin holdings(though definitely nothing close to 51%) are exchange cold wallets.



if happen, does decentralization not exist?

Bitcoin is proof of work, not proof of stake. So even if a single person held a huge chunk of Bitcoin, that wouldn't give him special powers over the protocol.

https://www.investopedia.com/terms/p/proof-stake-pos.asp
2379  Other / Beginners & Help / Re: A Bitcoin Question on: December 09, 2022, 09:12:58 AM
Does the value of my Bitcoin increase if, one day, everyone else loses their private keys but me?

While the supply would be extremely low, I'd assume not. People wouldn't be comfortable knowing that all the remaining coins are held by a single person. A more likely result would be a fork of a certain block height.
2380  Other / Beginners & Help / Re: Imagine a crypto world without VCs on: December 08, 2022, 10:49:37 PM
1. Depends what specific VC company. Some VCs are totally predatory and just wanted to buy coins/tokens/shares for cheaper, while some provide great insight to the crypto company.

2. Yes, but VCs make a lot of companies thrive a lot easier due to VC funding.
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