First off, Bitcoin is only pseudonymous and not anonymous by default.
Second, what the hell is that linked video? It started off with "on behalf of the entire team at Satoshi Nakamoto". That's an auto pass for me.
Probably a way to say "we are all Satoshi Nakamoto", but it still sounds pretty bad to use his name this way.. We will get past the crisis, but it's gonna be a long path until we get there. It's gonna be "fun" until all things end..
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Is there anyone that is investing in this coin ?! It's strange how these kind of coins gets public attention and scam people. It's very sad but people should be careful because things likes don't end well.
Yes. I know a few friends who've told me about the coin's existence in the first days after its launch. They asked me whether it's a good idea to invest in it although they had absolutely no previous crypto experience. It's sad how these projects attract some naive people instead of the legit ones. I took almost everything related to COVID-19: games, projects, apps, gambling sites etc with a big grain of salt. It's the perfect time for cybertards to pop up and take advantage of the more naive ones.
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Would merging two coins' network into one to prevent 51% attacks mean the difficulty for mining any of the coins would also be merged (hence increased, as it's all added together)? If two networks merge, will there even be the possibility of mining only one of the two (or more) coins or would it mean you can only mine all of them at once?
It's a very interesting concept indeed. As the posts above said, most small hashrate coins are successfully attacked because the team behind them don't give a damn about protecting the coins. I've had absolutely no respect for XVG especially after their stupid and cringy PornHub & McAfee move.
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Bitcoin's price is bound to what we agree to pay for it. That's it. Best and most proven theory out there.
Price is affected by our minds, by our psychology. If we get into fear, we're going to head toward waves of uncertainity just like the last few weeks. Because gold and silver cannot be found in many places anymore, expect BTC to bounce soon. Add halving next to that and it might look spectaculary.
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And I thought CMC and BTCTalk were the only ones! Apparently most websites & services have prepared a little prank for each of us Great to see a little humor out here during these saddening pandemic times. I guess we all deserve a little smile or laugh right now. Gave you all a little merit for putting a smile on my face with these pranks. Now I gotta keep them & stake them up - I don't like running out of sMerits to give!
On a little sidenote.. is nobody going to mention CryptopreneurBrainboss' new insanely well paid Signature Campaign?
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I do have a few alts I'm staking on my Trezor & Ledger, but it becomes a little headache because I have to visit specific websites to claim my rewards. On the other hand though, a little more every day doesn't hurt at all. However, the amounts I'm holding in alts is pretty small in comparison with BTC..
Is staking really "the next step"? Because AFAIK, staking is much less safer than PoW is..
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This is like posting a map of some hidden treasure in a public place and then being surprised that someone stole your treasure. Pretty nonsense, don't you think? Decentralization means you're on yourself. If you cannot take care of your own stuff, that means you will have to pay one day for your irresponsibility. I'd rather lose my money through some stupid mistake than let it sit inside a banker's pockets.
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Not only that, there are many people and businessmen who believe in Bitcoin. In my opinion, Tesla's CEO Elon Musk believes in Bitcoin and crypto money, but does not express it clearly. Even the most recent Bill Gates said he had changed his mind. Unfortunately, we cannot reach a place with only these views. For us, larger-scale developments that will affect daily life
Hah! Bill Gates? You'll never hear him say "get Bitcoin". It's against his view of the world - we all know how much he wants to get control and power over literally anything possible. I guess most businessmen don't agree with the idea of BTC being a real store of value because they're globalists and they want power, centralization etc.. I'd be pretty surprised if they change their public view over cryptocurrencies.
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AFAIK, it's mostly about scaling the blockchain for future use. We've had a few timeframes where Bitcoin's network was congested and basically the community divided into those who want specific features of BTC to be changed (hence the apparition of BCH) and those who wanted to leave BTC the way it was and not make block size changes. Consider it a change towards a more scalable cryptocurrency that has more chances to work flawlessly even under a surge of users and transactions. I am personally neutral as in I don't mind if someone creates a fork as soon as it doesn't affect me, as a BTC holder, BUT I will always put BTC before any other altcoin or fork. The decentralized manner of cryptocurrencies mean that a divided community will end up in 2 separate communities instead of having some kind of war between the two out of which one wins. Decentralization means we're free to create what we believe in, and even if our visions are in opposition, we'd still both survive as soon as we have support. I do not have much in-depth knowledge of the technological aspects of cryptocurrencies so if anything wrong has been said in my post, please someone fix my bullshit. Here is an article that explains and answers some of your concerns and questions: https://www.coindesk.com/what-is-the-bitcoin-block-size-debate-and-why-does-it-matterAnd here you have some pros & cons for the block size change: https://bitcoin.stackexchange.com/questions/36085/what-are-the-arguments-for-and-against-the-increase-of-the-block-size-limitHere is Brian Armstrong's (Coinbase CEO) article about the block size debate: https://blog.coinbase.com/scaling-bitcoin-the-great-block-size-debate-d2cba9021db0?gi=bfa5b6ec442eOther links that may help:
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One of the major question we face in this digital age is how longer we will continue to rely upon fiat currency. However if we compare fiat vs BTCs richest I will go with BTC because it's a precious gem where you cannot able to elaborate how profittable it is. Also there are big whales who are holding thousands of BTCs and waiting patiently. They are not expecting any popularity like Jeff Bezos One day fiat currency will be over ruled by BTC because of its dominance is more faster... Cryptocurrencies are already overruled by BTC. They've always been and they always will be. If we ever stop relying on fiat, we will turn to the digital fiat which is an even shittier idea. Our society hasn't been educated about this. In fact, we've been taught that accumulating fiat is what we need to evolve in life. We've been taught that we need to buy clothes in order to look good and stay up to date with the trends. We've been all taught the wrong stuff and only now will people start learning what they should've invested into and what they should've done their entire life.
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Woke up earlier today and first thing I saw was this thread. It woke me up really fast. Damn, I wish this was legit. I still remember these payrates from years ago and I wish I had not been an idiot at the time. Happy April Fools Day!
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As a reply to the earlier members telling me I must have entered scam bounties, anything is possible. It was more of a test to see what the hell is going on with these bounties and I've mostly joined Telegram bounties. I did follow all rules thoroughly. I am more than sure there are legit bounties out there. What you need to do is make sure what you're working for is worth the efforts. All respect to the legit bounties and I'm truly disappointed by the fact that scams have overrun the legit ones. But all in all, we're supposed to first research before supporting and joining anything. This is decentralization. Free for all.
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Were the rates good? Not doing them anymore?
For me, they were. Was completely randomly contacted by an anonymous someone willing to do business with me and we started from there. The rates were pretty good for the country I'm living in; maybe other countries would expect higher rates - I honestly have no idea. The amounts I had received back then are worth today around $100 an article. Good times, eh?
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Makes no sense to compare BTC's price evolution to the Japanese stocks. That's pure coincidence. If Bitcoin never reaches ATH, nobody will put their money in BTC anymore to get rich overnight so it's partially a good thing. On the other hand though, that means there isn't demand for it. With decreasing demand, the utility of BTC is decreasing too..
Just sit back and wait. Anything is possible but I doubt BTC will never peak again. Remember, we're witnessing TRILLIONS of dollars pumping into circulation..
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Gambling won't do shit. It'll more than likely make you lose your money within a click. If you're willing to gamble it, you better give it to me. I'll get some things for this pandemic with it There's no easy way to multiply your BTC. Otherwise, we'd all be rich. The easiest one is probably doing something you like and getting paid in crypto for it. I used to write articles and get paid in BTC and it was a damn pleasure.
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I have curiously joined some bounties about two months ago, somewhere around 10 of them. Guess what, I have not received a single coin out of them although the coins were supposed to be sent weeks ago to my wallet.. So yeah, bounty hunting is a time waster.
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When people earn money, they get the feeling of power. Having this feeling of power feels great, so there's always going to be this competition for power ownership and control because it apparently brings joy.
Wealth inequality will never cease to exist. It can only be changed in different ways, but you can't make it disappear unfortunately. Be it crypto, fiat or gold, there is always going to be someone willing to chase power and wealth.
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A crisis isn't coming. It's already here. We're in the first few stages of it and it's going to look very bad. If we're already having problems of losing our jobs and price inflation, then imagine what's to come. I'm honestly one of those who just cannot spend their BTC. I have tried to, but I either hit the "I'd rather hold" wall or I don't have where to order from. Being completely anti-centralization makes everything even harder - now there's no way I can buy any BTC through ATMs anymore and I would rather not buy at all than register on some shitty KYC-abusive exchange. And even if I ordered from somewhere, I'm really concerned right now that it might not arrive anymore. If you have places to spend your BTC and are ensured that your stuff will arrive, then go for it. Try to create a circuit, some way to use your BTC and then get it back. Try to make the sats circulate around while you still can.
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What services are you imagining here? The whole point of bitcoin is to not require trusting third parties. It is perfectly easy to utilize bitcoin without using any third party service, exchange, website, etc. It doesn't really matter to me who owns most services because I know I will never use them.
Unfortunately, the converse of this is that there are plenty of people who will continue to use any service, regardless of how shady, unethical, untrustworthy, or insecure, they are, or who they are bought over by.
~ I'm talking about any possible service someone can offer through blockchain: exchanges, news, block explorers etc. If one buys the top one from each .. domain? (sorry, non-native English speaker so when I get to explaining in details I suck) and has the power for all of them, they'll slowly head towards the same route Facebook went: bought WhatsApp, bought Instagram. Within 2 moves, Zuckerberg now owns the platforms used by probably more than half of the entire world. Now run some analysis, try out different things (including censorship) and you have an idea of how masses work. You, me and only a handful thousands of people out there have stopped using these corporation-controlled services and that's sad.. hence the main idea of mine that the multi-billionaire cryptocurrency business slowly making moves to own a large part of the most-visited and most-used websites & services in this sphere is bad. Say there are 3 persons: you, me and Joe. You run a top exchange used by 10M people, I run a block explorer used by 5M people, Joe runs CoinMarketCap visited by 15M people. We're 3 different entities with 3 completely separated businesses. Now you have billions and decide to purchase my block explorer and Joe's CMC. Within these 2 moves, you will have the power of using the trust of all these millions of people to your own advantage. Hence, you now start creating a pretty large web of businesses of which data only YOU own and do whatever you wish with it. That's what scares me. The way all the information is going to be stored by a central entity. Even if CMC, Binance and Blockchain are not decentralized in any manner, they at least have right now 3 different databases. Hopefully you get my point now, I'm pretty shit when it comes to explaining.
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