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2381  Economy / Trading Discussion / Re: Top whales shake out and fuds starting with xrp 3 fuds on: December 08, 2022, 09:58:41 PM
There's a huge difference between 'real' bad news and merely spreading negative rumours to push down price. XRP and LUNA was already bad to start with so I wouldn't call it "FUD" — because the negativity surrounding them was totally warranted and justified.
2382  Other / Off-topic / Re: Probably a childish question on: December 08, 2022, 09:48:37 PM
I'm not saying it's the best platform to send/receive messages, but if I understand correctly:

You broadcast/send encrypted messages(random characters if you don't have Mask and/or the keys to access the message) on social media, and the Mask browser plugin de-encrypts it on the UI side of things so the user can read the message.

^I haven't really tried it personally so I can't comment on it.
2383  Bitcoin / Bitcoin Discussion / Re: Create wealth first before the use of bitcoin on: December 08, 2022, 10:08:22 AM
Not only in rural areas, but people in general. Don't get me wrong — bitcoin is GREAT, but it doesn't provide income; it just somewhat gives your savings a boost. I'd personally focus on having a second(or third) source of income first before allocating a bigger chunk of money into bitcoin.
2384  Economy / Service Discussion / Re: Apple blocks Coinbase wallet release on IOS on: December 08, 2022, 09:05:58 AM
Where they are getting these percentage of fees? They're just pushing away more revenue instead of attracting more of being supportive to the type of payment that the other users prefer.

Well then, that's been decided and they're not crypto friendly and probably it's coming from that they own the OS/iOS. But it won't be surprising soon if they'll change this decision.

They're technically not pushing away any revenue because there's zero revenue to take in the first place. Coinbase Wallet is Coinbase's non-custodial wallet, totally separate from the Coinbase exchange app. As far as I know Coinbase doesn't make any money from the wallet besides indirectly gaining from branding.
2385  Economy / Service Discussion / Re: btc-asia on: December 08, 2022, 07:24:52 AM
I've only heard about btc-asia just now, but are you even sure you used the correct website? Or did you just type-in btc-asia on Google then clicked on the first result?
2386  Economy / Trading Discussion / Re: One market, contrary predictions. on: December 08, 2022, 06:03:21 AM
But isn't it tiring that there's always these articles and media that are always quoting these predictions from the popular people like Tim?

It's pretty simple — it's what gets the clicks. Most bitcoin/crypto "investors" are still retail non-professional investors, and they sure love influencers telling them what to do/expect instead of coming up with their own analysis.
2387  Economy / Trading Discussion / Re: What if Grayscale had to sell all 643,572 bitcoins it has? Let's speculate. on: December 08, 2022, 05:52:20 AM
I don't think they'd be forced to sell everything as their GBTC investment asset should be backed 1:1 with "real" bitcoin. But in a theoretical sense, if they were forced to sell everything — while there would be significant sell pressure, it wouldn't be as dramatic as most people think as it would be sold slowly and definitely not in one go.
2388  Other / Beginners & Help / Re: Blockchain can underatand , but BTC price where it comes on: December 08, 2022, 04:02:30 AM
I know the economics, demand and supply determines the price. But here how technically price comes from?

Be more specific on what you mean; because supply and demand is what determines the prices, nothing technical protocol-wise, and Bitcointalk isn't an exchange so a price can't come from Bitcointalk.
2389  Economy / Trading Discussion / Re: One market, contrary predictions. on: December 07, 2022, 09:00:09 PM
Maybe we shouldn't listen to these big names making predictions in the first place, because no one really knows for sure what's going to happen — and looking at history? It's pretty evident.
2390  Economy / Economics / Re: From grace to grass:Reasons why a Well to do investor turned a nobody. on: December 07, 2022, 08:39:26 PM
So many times we see people who were financially bouyant and stable reduced to nothing in the society,is it because they failed to strategise well?or could it be that they no longer put in the much effort they put before that got them to the level they were?what can actually be the cause of the downfall of someone who was already stable financially?

It's going to totally depend on the person. But if I were to guess, the most common problems:

1. They got too greedy and probably overleveraged or put too big of an allocation that ended up being a bad trade
2. They simply didn't perform good enough
3. They were bad investors in the first place
2391  Bitcoin / Bitcoin Discussion / Re: Are end-stage adopters going to be happy owning fractional amounts of bitcoin? on: December 07, 2022, 06:22:13 AM
The year is 21xx.
The amount of people who own the private keys to a crypto wallet, particularly bitcoin, exceeds 4 billion.
 

Not sure about that statistic, maybe it's a bit logical to calculate the number of privatekeys that have been generated through wallets.


It's technically not possible to calculate how many privatekeys have been generated because you can even generate a privatekey offline. The only possible way(as far as I know) is to have a count of how many bitcoin addresses has had at least a single inbound transaction.


Don't you think this will come on its own when people choose so. For example in blue wallet you can already set the default denomination how you like. People will just set it to what is the most practical for them. Maybe we need this option also at some exchanges.

We won't get any success from it if it's optional. A lower denomination should be by default, and people should be able to change it if they wanted the bigger BTC denomination.
2392  Economy / Service Discussion / Re: More platforms will bite the dust? on: December 07, 2022, 06:04:18 AM
I agree, although i would be careful against company with very high lay-off percentage. I don't expect a company can operate normally after firing >= 50% of their worker. Although it's different case if they hire contractor which usually isn't counted/categorized as employee.

I agree to some extent, but some things are simply unpredictable. Taking note that there have been layoffs not only in the bitcoin/cryptocurrency industry, but the broader technology/fintech industry took a huge beating as well.
2393  Other / Beginners & Help / Re: what are the disadvantages of paper wallet on: December 07, 2022, 05:13:15 AM
Assuming you use your paper wallet in the correct way and sign your transaction offline, there is no need to create a new paper wallet every time you make a new transaction, unless you want to use a different change address due to privacy reasons.

You're technically right. Though this is something I don't expect the typical person is capable of doing correctly. Most people are simply a lot better fit to use hardware wallets.
2394  Bitcoin / Bitcoin Discussion / Re: Are end-stage adopters going to be happy owning fractional amounts of bitcoin? on: December 07, 2022, 04:45:03 AM
Right now, most people who want to get into crypto during this bottom-phase of the market but are still hesitant to buy bitcoin because they are going to see 0.0xxxxxxx on their screen and be dissatisfied most likely. Again, this is the behavior of an individual who is uninformed, or misinformed.


I already sound like a broken record at this point, but this is exactly why I think the Bitcoin community should move to a smaller denominator(like sats or bits) by default. Lot's of people are getting tricked into shitty bitcoin alternatives such as XRP/NANO/BCH/BSV.
2395  Other / Meta / Re: I am beginner please help on: December 07, 2022, 04:40:52 AM
Sorry, but if you can't figure out yourself how a small minority of people get to earn money here on Bitcointalk, then you're probably not capable of earning here in the first place.
2396  Bitcoin / Bitcoin Discussion / Re: Would Bitcoin no longer be Bitcoin if it were adopted by everyone in the world ? on: December 07, 2022, 04:29:28 AM
Though it would be a lot less attractive as an investment instrument when it reaches 'peak' adoption, why would bitcoin lose value if it's capped at 21 million? Especially if we're making the assumption that it would be the only running currency.
2397  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin Destroy Crap Altcoins? on: December 07, 2022, 04:18:46 AM
People need to stop looking at 99.9999% of altcoins as something that's trying to be/beat bitcoin in the currency/SoV category; but in fact, a huge majority of altcoins are in the "DeFi" category — with them acting like pseudo-stocks, with revenue share and stuff. Regardless what you're opinions are with these tokens, they're really not in the same category as Bitcoin.
2398  Local / Others (Pilipinas) / Re: opensource os laban sa windows os anung mas okay sayo? on: December 07, 2022, 04:07:36 AM
In terms of security and privacy, easily Linux. Ang problema lang kasi is masyadong naka dipende sa kung anong ginagawa mo pangkabuhayan. Lalo na kung mejo niche ung gamit mong software sa industriya mo, malamang sa malamang hindi compatible sa Linux and/or mahirap ipa-gana through the likes of WINE.

Personally though, MacOS. Yun ung mejo middle ground in my opinion. Hindi ko na kailangang mag games at kung ano man — ang gusto ko lang secure at consistent.
2399  Other / Beginners & Help / Re: what are the disadvantages of paper wallet on: December 06, 2022, 09:05:50 PM
Most are saying that if you hold big amount BTC you choose paper wallet. what is the reason behind that?

Because paper wallets are considered cold storage — whereas compared to a wallet on your personal phone or computer, your funds should be totally safe from hackers assuming you created the paper wallet correctly.

In general, I'd recommend hardware wallets than paper wallets.


and just want to know if i keep small amount BTC on paper wallet , what is the disadvantage?

1. If you planned on making a transaction, you need to create a new paper wallet after the fact for security purposes.
2. Your funds can be stolen if you created the paper wallet using a malware-infected device.
3. Paper is fragile (though you can easily create multiple copies).
2400  Other / Beginners & Help / Re: post for aid on: December 06, 2022, 03:40:04 AM
The best place to start learning is mostly not in this forum.


* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Security related:
* https://cryptosec.info
* https://www.lopp.net/bitcoin-information/security.html

If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters
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