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2621  Bitcoin / Bitcoin Discussion / Re: John McAfee To Launch New Decentralized Exchange – McAfeeDex on: October 04, 2019, 09:02:14 PM
I haven't seen a single "decentralized exchange" yet. All of them run on altcoins, which to begin with, it's risky to assume that they have any levels of decentralization enough to survive the attack of an entity of global attacker status, or even worse, smaller entities in coordination with enough horsepower to f*ck you up.

Once again, this McAfeeDex thing is "backed by the Ethereum blockchain". Did people forget about this?

I wouldn't trust any of this. If authorities wanted, I would bet they can end those "decentralized" exchanges.

A true decentralized exchange cannot be shutdown by authorities. I mentioned one, maybe there are more, i don't know. To use that one, you become a node for the time you are using it, that node runs in the Tor network, not the clear internet, so you cannot be identified unless you yourself want to reveal personal info, which is a problem when it involves fiat.

True DEX is like Bitcoin, decentralized, p2p. Most "DEX" simply let you bring your own wallet instead of being forced to use theirs, which is why they are not truly decentralized as they claim.

It is also technically possible to exchange some coins directly, ie. Bitcoin with Litecoin, directly within wallets, after they both adopted segwit. This i have yet to see in practice, but its theoretically possible, just needs wallet support. So intermediaries like McAfee wouldn't be needed at all.
2622  Bitcoin / Bitcoin Discussion / Re: Popularity of BITCOIN on Twitter Declining? on: October 04, 2019, 08:43:42 PM
1. Bounties & Bounty Hunters: During the Bull run bounty hunting was at its peak and all the bounty hunters participated heavily in twitter campaigns. Most of the tweets had some basic condition to add a few hashtags related to cryptocurrency I think that was the reason why the graph looks so tall during the bull run.

2. Trading Mentors & Media: A lot of hype was also created by all types of media around the world when they continuously posted around regarding bitcoin and how it went to moon. Moreover even every damn trader became a trade mentor because every coin was going up people gave calls blindly and became trading mentor. These mentors were giving calls on daily basis with these usual hashtags relating to bitcoin.

Bounties don't usually require participants to include #bitcoin in their tweets, so I think this factor is fairly negligible. This chart is quite similar to google trends, and we already know that public interest is tied to Bitcoin's price movements, so there's nothing unexpected here.

But it's also not a perfect evidence for making any judgements about Bitcoin's adoption. When I pay for something with my money, I don't rush to Twitter to post #cash or #visa, so I assume people who use Bitcoin don't do it either.

Indeed. Social media is worthless for measuring adoption. You should at best check blockchain movements, basically the number of transactions to know if people are using it or not, which by the way, is unrelated to people holding, those coins are not expected to move after they land in their cold wallet, for a long time.

Also Twitter is not the world, many people don't use it, i certainly don't except rarely to read some important people comments they don't make elsewhere.

Finally Twitter now belongs to someone who is trying to launch his own coin. Conflict of interest? Remember when that same person banned Bitcoin from his other social media outlet? Its best to disregard this "data" completely.
2623  Bitcoin / Bitcoin Discussion / Re: Would Quantum Computer Kill Bitcoin on: October 04, 2019, 08:30:46 PM

I am not a cryptographer myself so maybe here we are just discussing on a normal guy's level. As far I know, quantum computing really has the potential to successfully decrypt the private keys and therefore can be the biggest threat to Bitcoin. In the past few days, this topic got spread around because Google announced that they already have the technology at hand which many of us supposed  should still be years ahead. Now, there is that fear in the Bitcoin community on quantum computing and whether this can really be utilized against Bitcoin which can be its end. Nobody can really be sure if the quantum computing developed by Google can effectively be the one to stop Bitcoin. This can be the one we can only wait and watch. As the technology is on the hands of Google, I don't think they will be irresponsible to just use it indiscriminately as this will have many legal repercussions which the company will not want to go through. On the other hand, we have to remember that if there is a demand someone will eventually fill the shoes therefore we should be expecting developers to come up with ways to counteract the power of quantum computing to balance things out. And this can actually make things exciting.

If you are a cryptographer you must have known about this way before most "common folk" that recently panicked over this "news". I do not believe what they say that Satoshi did not know about this, i'm sure that was discussed back then, i certainly knew and i am no cryptographer or cypherpunk tho i did read their writings from time to time.

This was very theoretical as you say, and people were already writing programs that would run in these theoretical machines, years later there were even simulations with classic computers (which of course were way too slow but they were just testing concepts anyway).

Well this was years ago, and time didn't stop. If google didn't mention a thing (like IBM), did you think no advances were being made? I clearly remember when the first few qbit machines started becoming operational, but of course almost nobody knew what that meant...

But here, years later, you bring the exact same excuse. Its still theoretical, lets wait. Actually, the wait is over, the writing is on the wall. Panic is for fools, there is still time to act, but act you must, not sit still and wait the next decade to learn that, sure, some agencies already are decoding everything online.

There are proposed mitigations to improve Bitcoin resistance to quantum attack, those should be revisited, now that there is time, and not wait for later.

We are still too far from quantum crypto (hardware unavailable to the masses), but even that should be considered. This is the solution to quantum breaking crypto, this side most people don't know a thing about either. But in the meantime, those (classic computer) algos that make it hard for quantum attacks, should be implemented. Transition times indeed...
2624  Bitcoin / Bitcoin Discussion / Re: Dealing with cryptocurrency (in my country) isn't easy as I thought on: October 04, 2019, 05:27:42 PM
Today, while I was surfing through the forum, I came across a post in which someone complained about bitcointalk.org not loading in Turkey. Under his post were several replies that explained that the site happens to be blocked by some internet service providers (which is sad).
A few days ago, I made a post in which I asked "What have you done to promote the Blockchain technology & cryptocurrencies?".
I went through several replies which were pleasing and supportive to the Blockchain technology. Amongst them, someone said that he wore bitcoin shirts around (an ideology I really admire). Another said that he created a facebook page (also interesting).
Just recently, I saw a complain from someone in my country. According to the screenshot which contained a mail from his bank, it said that his bank account has been frozen because they found out that it has something to do with virtual trading (cryptocurrency). Not only was I surprised, I was provoked. You know, one of my plans was to buy numerous Bitcoin and Ethereum polo shirt and wear them (to help promote). However, as it stands right now, I'm afraid I can't do that because I could be held as a user of cryptocurrency. Though this isn't any easy, I'll still keep trying what I can to spread the word. The Blockchain technology gospel must be heard!!!

Can you find the official position of your government regarding this matter first? Then you can plan on what to do next. For example, if the official position is i favor you could denounce this bank for going against government policy.

I see your country also does widespread internet censorship, tho mine has so far only done it to political dissent and porn. Thankfully not against Bitcoin. Do remember that guy that made a Bitcoin cafe in a country where Bitcoin is forbidden, its only to promote but not actually use it while the law remains.

I also see other posts saying your country is embracing Bitcoin, so i wonder which is true. Get some official facts first, as you have access in your own language that we just don't.

If you go with t-shirts, do remember you can order print them, with say, a qr-code of your address. I wouldn't bother with Ethereum, they are a bad example for the community (infamously reversed transactions, if they have this power, they can (ab)use it again...).

Its not about blockchain, a blockchain alone cannot do what Bitcoin can: Separate money from the State and private entities, a free coin.
2625  Bitcoin / Bitcoin Discussion / Re: 8 Ways to Make Money with Bitcoin in 2020 on: October 04, 2019, 05:10:26 PM
I clicked up the link and just check it out.Those advises are just common points and i fully disagree on one of those which is  Gambling.
I post up the correct timespan on where its being mentioned.Its never been considered to be a good
source of income.This is somewhat misleading if i were to say.

You forgot the most important: Youtube monetization. Why not post the 8 points clearly in text here but force people to watch a video? That. Of course, Youtube doesn't actually pay with bitcoin (would be great if they did but...).

He could also add MLM and scams in there, hey, it technically nets you bitcoin right? If you don't mess, just like gambling. Too bad the vast majority does, but every click to watch the video counts... The only important goal is to somehow make people click to it, no matter what.

PS. I did not watch the video and always remove links to avoid inflating search result further. Nope, it is not innocent...
2626  Bitcoin / Bitcoin Discussion / Re: What's next for bitcoin ? on: October 04, 2019, 05:02:55 PM
We have been through a rough ride but what's next for bitcoin ? It has survived some brutal sanctions which were implemented by regulators but still manages to flourish (sustain), but don't you think bitcoin can earn more reputation by doing something good for the community like donating for environment cause, could pledge to help Amazon rainforest to recover from the recent disaster which will create more bitcoin sympathizers. Don't you think bitcoin community needs to focus on world affair so that we can be a part of mainstream and recognized by people ?  


I am suggesting that there should be an organization connected in some way to Bitcoin and this organization can be acting like a charitable/developmental platform to help address some problems affecting humanity and of course this can be funded by Bitcoin coming from regular donors all over the world. Now, I am not saying it can be like a super-government type of organization but just a normal one but can be able to reach as many people as possible using the money (cryptocurrency) it has on its hands. This can be the best way to enhance the reputation of Bitcoin especially since there are still people who are wrongly associating it with scams and frauds.

As to the question: What can be next for Bitcoin? I think or rather in my humble opinion, the next three months of 2019 will see Bitcoin going into limbo or lull maybe there will always that attempt to get back to $10K level but the bearish influence can be too strong. The year 2020 can see many good developments (including the scheduled halving, of course) that can pull Bitcoin out of the quagmire and we can finally see the chance for Bitcoin to reach the $15K level again. Beyond that level, I would rather not think ahead.

I'm completely against this. No organizations, we had enough of those already and it didn't end well. If you want to do it, do it on your own personal motivation or your own separate organization that could happen to accept bitcoin. But never "something representing" Bitcoin, ever again. Leave Bitcoin free of human corruption, Bitcoin is working as intended and needs no special group attributing themselves "leadership".

Price is easy, it will go up, because fiat goes down, but price will tend to go less and less up, until it matches the world average inflation as "up", but only because everyone else go down, which is not Bitcoin's fault.

And of course there will be speculative fluctuations around the "natural" line, which in the long run will always correct back to it. "Zoom out", and you'll recognize this logarithmic graph, which starts very steep and then slows down over time.
2627  Bitcoin / Bitcoin Discussion / Re: Bernie Sanders being sick may be good for bitcoin? on: October 04, 2019, 04:54:32 PM
Ok, before you get on your horses to attack, let me explain. If Bernie Sanders (78 years old) drop out of the race, the Democrat party is most likely be represented by Joe Biden (76) or Elizabeth Warren (70).
Elizabeth Warren is an open critic of Wall Street and banks. Where did I hear that? I was listening to wall street journal in my audible today and that is where I heard  Cheesy Cheesy Cheesy
You know what happens when a president is a critic of Wall Street and the darn banks? They turn pro bitcoin!!!

54 years of Kamala Harris is from California and she is also a progressive.
Anyway, I can almost hear you say that none of these women can pass Joe Biden, but you never know. After all, Obama was not given a chance against Bush at first, but then you know what happened.
Even if these women lose against Biden, they may be Vice presidents or something. And I think White House is ready to see a woman in office.

I'm sorry but if the only options to lead a nation are people near their 80ies, i don't think that would fare too well for new technologies. Not like it would matter much, as the system won't let anyone put in charge do much anyway. They have to abide to whatever the main parties need, and the lobbies that push them.

Also what makes you think Bitcoiners would somehow be critic of Wall Street and Banks? Ever heard of bitcoin being traded, or banks doing full reserve?

If anything, it is State meddling that could cause trouble, but thankfully Bitcoin is immune to that. People wanting to use it freely could face prosecution if the State becomes hostile, but the coin cannot be stopped. And banks, well they had nearly two centuries of fun with fractional reserve, its about time they return to their roots and shrink.
2628  Bitcoin / Bitcoin Discussion / Re: John McAfee To Launch New Decentralized Exchange – McAfeeDex on: October 04, 2019, 04:48:33 PM
Well.. it is just another so called "decentralized" exchange in a bunch of others. I haven't seen true adoption of any DEX until now though. The volume is kind of low on the biggest DEXes I know like IDEX or DDEX. Also I haven't seen DEX with leverage option so far.. Or maybe the lack of profit for the creators don't let them put more money into marketing.

We have a flood of exchanges and there is no need for that at all. Are they still so profitable? What this so called decentralized exchange should actually be? And when McAffee actually become so prominent Bitcoin expert? I don't think we need that.

Actually low volume exchanges are prone to many problems, and manipulation. Which is a catch 22 thing... A new DEX would alone face this issue, without having an (in)famous name tagged to it. Of course, being intermediary is all about collecting fees, there is money to be made.

The likes of Bisq are the closest to a true concept of DEX, Free and Open Source software based on Tor, and yes nobody promotes it. Too bad it was written in Java.
2629  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin so valuable just because it was first? on: October 04, 2019, 04:42:58 PM
Well, look at examples of big and famous companies such as Apple, Microsoft etc.
Being the first to develop a new product, they have gained market advantage.
Also, many people first hear from mainstream media about bitcoin, so bitcoin became their ''entry point'' for crypto market.

Exactly what point (or counter point) where you trying to make here? Microsoft? Apple? You gotta be kidding. Both copied a product developed FIRST by Xerox, and Xerox, despite having spent resources in developing, didn't pay it attention. Yes, Xerox, and not those two copycats, made the digital office that you know and use today, in the 70ies. It took another decade for others to do the same (cheaper).

Granted, Apple (Woz) had its own merits BEFORE the Mac (Lisa), but not afterwards. And Microsoft, always buying what they needed and then presenting it like their own. Did it for 3 decades, just nail the best business deal and then procure whatever was negotiated on the market...

Technically Bitcoin wasn't even the first, but perhaps after enough reiterations, the one that did it RIGHT. Who did personal computer software right? Microsoft? Get lost. They even wanted people to use their own internet like network rather than "uncontrolled internet", and guess what happened...

Same as Bitcoin.
2630  Bitcoin / Bitcoin Discussion / Re: John McAfee To Launch New Decentralized Exchange – McAfeeDex on: October 04, 2019, 04:30:46 PM
Well!! popular crypto expert john mcafee decided to launch a decentralised Exchange McAfeeDex.

What's your take on this?

If McAfee is involved, i don't want to be close to it. There are other DEX and true DEX out there. Oh an expect his own coin/token in it too! lol. This person, really... Always wanting attention.

He is not popular, just... infamous, which is not quite the same thing. He is full of outrageous claims, all the time, concerning crypto. And for a price, he is more than willing to keep making them. How could a person of this caliber handle something so serious? I don't want to know.
2631  Bitcoin / Bitcoin Discussion / Re: Rant: I am thinking of Quitting my Interest in Crypto Currency on: October 04, 2019, 04:19:13 PM
This stuff is getting boring.

End of rant.  I am thinking of taking up a new hobby.

You seem too busy concerned about external factors, such as exchanges. Regardless of what the world does, Bitcoin works the same. It is a coin, it's not supposed to be "fun", its just a coin. A better coin, yes, but a coin. It buys things, you can be paid with it, that's it.

Why do you care who has more or who has less? Its been like that in all of human history, and the coin didn't come here to fix that. If you don't exchange you don't have to deal with those "checkpoints".

But, if you think this was only a hobby, you were quite wrong. And it doesn't matter if you get personally involved or not, its here, and its not going.

Just do whatever it is you were doing before learning about Bitcoin, only difference is, prepare to replace whatever fiat coin you were using with it. If you act like it doesn't exist, you will probably miss even more of what you think you are now missing, you are only going to regret yourself even more later.
2632  Bitcoin / Mining support / Re: Antminer R4 firmware on: October 03, 2019, 09:13:31 PM
The only reason would be the manual one at 600.00M freq hashes @ 8.5-8.7 Th @845W
The auto freq one is dead set at 7.5 Th... much quieter and draws only ~800W but would like to have the flexibility of tinkering with it.
I figured Bitmain might have some sort of a check on FW date and wanted to ask before I actually gave it a try.
So I take it there's no known workaround?

I have the autofreq one (Nov 2018) and the boards are set at 600m (or close, one is like 602 and the other 598 or so). In my case, the older firmware would actually do 8 THs vs now 8.5THs.

If you "upgrade" to the old one it should work, but you should not do this. Asicboost makes them work much better. I do remember some R4 batches labeled as 7.5T instead of 8T, perhaps you have one of those?

Flexibility will come, next year after Braiins OS finishes the cgminer replacement bOSminer and they start adding more hardware support. In the meantime, i don't think any other firmware is worth it, you could use the older if the asicboost one is giving you trouble, but i don't recommend it.

This fan is too silent to bother forcing it, and you can always force it to 100% by disconnecting the fourth (blue) wire...
2633  Bitcoin / Bitcoin Discussion / Re: Bitcoin Holders Protection on: October 03, 2019, 06:15:08 PM
Can you protect a piece of paper with 12 words written to it better than a third party entity yes or no? If yes, you don't need any other (State/Private) protection gimmicks.

If no, go place it in a bank vault and pay the monthly fee to have it secured. At least you are forcing that bank to play by full reserve rules, without they even knowing it.

Banks by themselves are not evil, its the current version of banking, under fractional reserve that is more akin to a ponzi scheme that is.
2634  Bitcoin / Bitcoin Discussion / Re: some simple questions for a noob on site here.... on: October 03, 2019, 06:03:39 PM
I want to take a little of the bitcoin and use some software called BITKEY to make an airgap type store of it on a usb stick (I think that is
what you are meant to do using an old PC I have that I don't need to use for any serious purpose.  I can keep it disconnected from the
internet when using it.  

I will run the BITKEY OS from a DVD and follow the instructions on the useful youtube videos to move the bitcoin from coinbase to the usb stick.

Any suggestions or comments you have about doing this or any other alternative suggestions you have would be appreciated.

Once I have done this I am interested to buy a bit more bitcoin and then try buying some altcoins (suggestions on good ones would be
appreciated).

I don't want to buy any altcoins until I have got the hard wallet/BITKEY solution working with ordinary bitcoin.

People say that electrum can be used to buy and store altcoins but it seems that might not be as secure as BITKEY could be if I use it correctly.

I may be wrong here but people on the site can set me straight on this - I would appreciate this.

I don't know what that BITKEY is, but Electrum and a piece of paper and pen is the safest when done right. Is this Bitkey Free and Open Source software? Else don't bring the word secure here, as the Electrum method only involves FOSS.

You download a secure OS like Tails, and boot that from DVD in your computer (which doesn't even need a hard drive), then you make a wallet with Electrum there, write with your own hands the seed words in a piece of paper, secure this paper. Print/email whatever your public addresses and turn off the PC. Its done, a cold wallet as best as it can be. You should do a copy with your own hands of that paper into yet another one, and secure both in different physical places. Remember to keep those papers safe, and be creative finding better ways to hide those words in plain sight (Mark words in a book, etc).

I don't know if there are Youtube videos of the Electrum method (there probably are), but it has been written in this forum plenty of times.

So start getting Tails and boot that in the old pc. Disconnect the Hard Drive if it has one. You can also do it all in that pc disconnected from the network, but it involves one extra step done in a connected pc.

Why Tails and not other secure alternatives? If you are good with Linux/BSD, you can also use your favorite distro. Tails is simply Debian configured to use Tor by default. Of course you can do that on your favorite distro, live or not. Live would be preferred for the most paranoid, as turning the PC off erases all traces.



Cold storage only makes sense if you are planning to hold an exorbitant amount of bitcoin. Otherwise, you can simply use Electrum wallet. There are other options like trezor or ledger nano S also available in the market with proven track record.

No, it is important to practice with insignificant amounts, especially the creation, and later handling of cold wallets, BEFORE you actually need them. In fact, there is nothing wrong with creating a safe cold wallet and never depositing anything significant to it, but you already tested it and know the ropes...

A cold wallet does not need hardware beyond the creation phase, and later when you actually need to move the funds. Your "hardware" is that piece of paper with 12 words written into it...
2635  Bitcoin / Bitcoin Discussion / Re: Why not use Exchange instead of Mixer? on: October 03, 2019, 05:41:15 PM
An exchange without KYC doesn't matter and doesn't really help. It can be easy to find which exchange your address belong to and since they keep your IP, etc... It can be enough to identify you because they will have no problem to snitch and will be very happy to do it. Smiley

Logs are kept a minimum, few days, exchanges store your information for years.

As far as I remember, BestMixer provided most of the mixing data to Dutch Authorities once they were confiscated by Dutch law.
We cannot rely on mixers too. They are not as anonymous as we think. If big mixers like BestMixer can fall in the hands of authorities then just imagine how anonymous small mixers are.
So it can be easily assumed when interfered by authorities, both exchanges and mixers can't be trusted.

Of course the mixer could be not keeping logs or erasing them after some hours, but the problem remains: How do you know?

If Bestmixer didn't keep logs, then after gov seizure they would find nothing and the only result would be one less company.

But the problem remains: How do YOU know? Who can audit the mixers? They cannot let you inspect the thing. Same can be said of exchanges.

The country where the service operates could simply order them to provide the data or else...
2636  Bitcoin / Bitcoin Discussion / Re: If you think Bitcoin is the world's most widely used cryptocurrency,you're wrong on: October 03, 2019, 05:21:47 PM
If this is really the case, shouldn't it be worded as "most traded cryptocurrency" rather than "most widely used cryptocurrency"? Because as far as I know, though Tether is being widely traded for sure, not only for BTC, but for other alts, but I'm pretty sure Tether is very rarely being used as a method of payment and as a store of value, which actually people use bitcoin for. There's a quite significant difference between "most widely used" and "most widely traded". It really depends on user intent.

Tether thrives and appears to have a virtual life on its own within exchanges, where several virtual operations occur without touching any blockchain, but that's where it ends.

And it doesn't even has its own blockchain, it needs someone else's, and that means paying in the various coins that own each blockchain.

A "honest" Tether wallet would tell you that you need both Tether and a different coin depending on which variant you have. From an user perspective, this is simply unacceptable.

There is also the fact that, Tether price is a fiction that is kept by human intervention, within their theoretical limits. If they stick to their own plan, and nothing extraordinary occurs in the market... And both things are human factors, i hope you know where that could possibly end.

Suffice to say, world's current worst Fiat, also was pegged to the USD in 2004. Pegging is a form of "stable coin", others more subtle are direct/indirect market intervention, either buying/selling or outright freezing the exchange market. All of these are against free market trading.

IIRC it was 1 600 units per USD in 2004. Today, you would need the equivalent of 2 000 000 000 000 for 1 USD. This is what happens when you let a human factor in the equation... Stable coins are build upong promises, because thats the best humans can do, sure you could threaten them with contracts and stuff, but that doesn't remove the fundamental problem: It CAN happen, as it has happened in the past. Tether itself has experienced it, so far it was a small fluctuation, but it might happen again, not so small, because it depends on human trust, not code. And you know what humans can do, given the right  circumstances...

But what does it matter what happens within exchanges, if at the end of the day, people end depositing or withdrawing bitcoin? Of course some people use the USD alike for hedge and their trading, but in the end they don't want to keep that risky coin that a human could turn into ruin overnight. If anything, the traders using it are gambling it it won't happen to them during their operation. You know, like an MLM scheme, those few who manage to leave early, make profit...
2637  Bitcoin / Bitcoin Discussion / Re: South Korea precedent ruling allows cryptoexchanges to be sued due to lost funds on: October 03, 2019, 05:04:49 PM

Isn't it strange this exchange didn't have a limit in place so to safe guard against them withdrawing the entire amount from the account before the original account knew and could of stopped the second withdraw from happening? Atleast the hacker wouldn't have been able to drain the account completely of their funds.

It might be an inside job, let's see if filing the lawsuit will result in anything. I don't want to give the victims some bad news but base on the Korean movie that I saw (Master), they have a problem with their authorities. politicians, prosecutors and most of the high ranking officials, are connected to this kind of scam. they receive some payment from the suspect. they have done it clean so that no one can expect them to be controlled by the suspect.

This is the case with the movie, when something like this is happening right now the case is not far from reality, right?
So how will they get back their funds? when everything is already planned including the lawsuit.

And of course we all know that movies and reality are one and the same. Specially in Korea, where the meaning of drama must lie hidden in the name somewhere...

Politic fiction dramas aside, online wallet liability should indeed be a thing. But it is more complex than that, user side security is also a big issue. Not saying online wallet operators often are negligent but a proper investigation is needed.

In reality its usually both, as the whole idea of users using insecure practices and software, trust "online" because they feel incapable of securing funds by themselves. In that case you are using a service so a third party has your money safe, and such service would be breaking their part of the contract if they fail to do so (that is why you were paying them in the first place).

Exchange is but one type of typical online wallet operator (there are a few exchanges where you can use your own wallet instead). This is pretty much a type of bank (full reserve bank) and could perhaps receive the same (or better) type of regulations.

This mess only exists because of the need to exchange fiat to crypto, else people could all just keep things in their own wallet unless they don't want to.
2638  Other / Meta / Re: I dont understand what Posts are allowed in the Off-Topic Forum what is allowed? on: October 01, 2019, 04:40:42 PM
I felt that dude however your question is answered already. Even on off topic thread which is the simpliest way to increase your post as a beginner (for me), they deleted unrealable post. I understand its quite frustrating when ur post is deleted on off topic like what now? I just answered a question? But what’s important ks it should relate to the OP. But dont feel bad about it, we all gone through that.

This is something i have experienced in this forum many times. Most of the times i don't have the slightest idea why something gets deleted, as they don't write even a single word for the reason (except one time the mod made a mistake and told me to re-post it), so one could learn to avoid making the same mistake (whatever it was) again...

Sometimes it is guessable, but often its not. I feel that reporting to admin would bother Theymos too much so i refrain from doing it, but sometimes its tempting because it can be so random when it comes...

I guess this is a "who watches the watchers" kind of situation, but its not the end of the world. I just let it go and move on.
2639  Other / Off-topic / Re: Largest religion in 2050? on: October 01, 2019, 03:45:43 PM
I hope it will be budism and not islam

Why? You don't want to pray 5 times a day towards the Mecca?

If anything, they are far more religious than many religions today. Catholics? Numbers are hyper-inflated (because in many country the State pays them money for every registered catholic), and many just stick to baptism and funerals, not even bothering with Sunday mass, oh and occasionally marriage because its fashionable...

The rest of the Christians are a mixed bag, some devote, some only appearances.

I still have to find out why Muhammad wanted people to pray towards the city he was born (i know, a revelation, but still...), or why they were praying towards Jerusalem before that. But in any case, this made them get good with maps, so they could build the mosques pointing properly. See? Civilization!
2640  Other / Off-topic / Re: In this time an investor do on: October 01, 2019, 03:22:45 PM
When the markets are down its the perfect time for investors. Like Warren Buffer said "Buy when there is blood on the streets". Every major cryptocurrency will come back up believe it.

Unless it goes down, in that case just hold or keep buying Smiley

This is a typical trading scenario...

Remember you don't lose or win until you sell, so keep holding until conditions get better, but take the chance if you still can.


"Never invest what you cannot afford to lose"...

This way you won't pay it much attention when it goes down, and can calmly wait until conditions improve, no matter how long it takes. Panic sellers are the ones always losing.


Of course there are some assets where you can be confident things will improve, like Bitcoin, while some altcoins on the other hand... You would be wise not to expect recovery from those anyway, and its best to avoid getting in those in the first place. But in case you were gambling it, just set up a sell order at some point above the price at what you bought in, and hope someday it triggers.
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