Decentralized visual digital Identity is a pseudo-anonymous identifier for a person, company, object, etc. Each DID is secured by a private key. Only the private key owner can prove that they own or control their identity.

But the company is in control of the data though its encoded with cryptography, the DID platforms are still centralized and could be penetrated one way or another since users will have to show their private keys to prove ownership before gaining access to Binance.  What do you think?

https://consensys.net/blockchain-use-cases/digital-identity/

Satoshi must have concealed his intentions on bitcoin, he constructed the network in a way it can run without his presence. So his intention in my veiw was to disappears and stay clear from too many interviews and disputes. Since the project can run without Satoshi what need is it to keep worrying about him, knowing he is fine in any of his location. The project he invented is doing perfectly well and getting the attention of the world on daily basis. Imagine what Zuckerberg pass through for owning Facebook, Satoshi would have been in a bigger mess for owning bitcoin and sticks around, he won't be safe or sleep well due to distraction from the Government personnel trying to change his mind on the regulation of bitcoin.

When I saw the photo of this hardware, thought it was a hardware wallet, read through the tweet and many pointed it to a mining hardware. How did it work?

People take things naturally that they forget so fast about the importance of learning. Most people in the cryptocurrency market get rekt because of the inborn feeling of being too good in trading and investing that they end up sinking instead of rising in the market. Successful traders removed such beliefs and craved more knowledge, with this mindset that "to earn big you must learn a big deal". In this thread, I got some headings from a post found on medium, and the explanations are mine, it's not financial advice. Why is nobody a financial adviser in this market? a question that may interest me to see a proper answer!

However, let us continue with the content of this thread, the goal is to share my insight on those sub-topics mentioned by the author in his medium post. Expect to see two different writers in one article, one for the author on medium, the other, my view and explanation of his points.

The future of every newbie in the market can be affected positively if they carefully go through the points and explanations that follow;

Invest in projects you understand: This particular point is everywhere in the forum but it is not stressed in a conducive manner for users and newbies to understand. Impact is the first impression that should be in the mind of any newbie or pro that wants to invest in any given project. Ask yourself what will be my benefit if I invest in this project? How good is this project? Start studying articles about the project. Form a clear and vivid picture in your mind as to why you are reading the materials about the project. Cross-check if the write-ups about the project answer the questions you asked yourself.

Then consider taking the risk by asking one last question about the project in the forum and reading the reviews thoroughly before investing. Completely understanding a project gives you confidence about the project. FUD news will not affect your emotions about the project. One good advantage of understanding the project is that you can discuss with a prospect about the project with an exceptional explanation. With this knowledge, you can take the next step!

Long Position (3 to 5 years): Excellent knowledge of bitcoin made Franky1 never to sell his bitcoin till date, I have read his testimony on that in different threads but cannot trace them now, would have shared a link. The long-term investment is so good a method that most traders often recommend it to newbies. The fear of holding will disappear if you understand the project. The first step is crucial to the second step

Most coins will go to zero: Have in mind that the market is volatile and anything can happen. Indeed some coins will go to zero, and the project backing the asset may live. I don't know any better word for it than Use case E.g the Terra project still exists though luna went to zero.

It's Okay to take Profits. : Thinking long term has nothing to do with taking profits, the initial investment left on the project or asset still keeps you on track. If the coin or project yields some profits, it's okay to chill out with what you got as profit.

Most Traders Lose Money : the most common advice all over the forum and other cryptocurrency communities is "invest what you can be able to lose", here I would say, trade what you can be able to lose. Don't trade what you cannot withstand the shock if things go west. Before trading pat yourself on the back and say If I lose this money I won't cry  but, I'll laugh if I gain profits.

It's not possible to get rich quickly : This as we know is a general quote not only meant for the cryptocurrency market. Time is the only requirement coupled with knowledge. If you are wondering what to do next, please check step 2 again.

If you are checking the coin market cap every day then you have a problem : A newbie that read step 1 will have no reason to have such a problem. Instead, keep reading and following new information on the project, and get too busy that you won't have to worry about checking the market cap every second. As you may get disappointed and fail to maintain the long-term promise if you get too worried.

Crypto moves fast, very fast, continue to educate yourself : The big traders reinforce their skills to keep up with the fastest-growing digital asset "cryptocurrency". Don't relent, stay up, and read as many materials available as possible. It's a better way to stay relevant in the market and, also helps to make good decisions on projects, new networks, and ecosystems. The next step to take is self-explanatory but, deep.

If you can’t emotionally handle market cycles (down or up), then crypto is not for you or you’re over-leveraging yourself

Take Free and paid blockchain courses: If you have an interest in blockchain development please take some paid blockchain courses while the free courses are not well detailed like the paid courses, it's still a good leg of assistance to people with a lesser interest in blockchain development but, wish to know what the blockchain is about how it works, how transactions are validated, cryptography, etc.

Gen-Z “crypto investor” YouTubers and Tiktokers are a curse to society: This is true as most of them are a tool for promoting shit coins and enforcing tricks that help market makers to manipulate the market and do what suits them right. Though some YouTubers share great videos on market analysis, please stay clear of most projects they promote if you don't understand them.

Bitcoin and USD are backed by the same thing — confidence: Before you start asking the same question that has been asked many times in the discussion forum, what backs bitcoin? luckily the answer is here confidence backs not only bitcoin, USD is pegged to it too. You must understand bitcoin to be able to back it up with your confidence.

Ask Google before asking your “crypto friend”: If you are not satisfied with the answers on google please don't hesitate to ask your friends here in the forum on any topic, project, network, person, or website that confuse your thoughts about how cryptocurrency works.

Go to in-person crypto meetups and events: Cryptocurrency is here to stay and this phrase should keep you moving about the new course you are learning in your life. Utilize the meetups and events that often come up, if you can't meet up, get the podcast of that particular event, listen to it while you drive, or do other tasks.

In a nutshell, these explanations are as dynamic as culture and are not meant to be seen or taken as very correct. Read through the comments of other reputable members of the forum, they have more to chime in, which will help your learning process. Have a nice day and Don't forget step 1.

Go through the medium post for more points or sub topics.

Ranking up in the forum is not as difficult as you may have thought. The moment you say it's difficult so it'll be. It's clear that you are not dedicated to giving quality contents to forum members which may have affected your merit count regarding your post counts. Invest 1 hour a day reading a specific topic you wish to share here, the time it took to finish reading or researching on the topic don't matter, but reading daily on a topic for 7 hours which accounts for 7 days if you read about it 1 hr each day, such thread will be quality and intuitive because you understand the topic completely and made it easier for people to grasp new knowledge from the thread. A single post with so much time being invested on could get 20 merits from users that finds it helpful. Ranking up in this forum, the ball is on the users Court, if you want to rank definitely you'll rank, it's not a big deal what matters is that you learn for other to learn too. One good thing about knowledge, Unlike money, when you share knowledge, it increases.

Bitcoin is not the right asset for that, as it's just as volatile as the currency it backs. It'll make no sense, due to high volatility, the asset will mostly lose it's value whenever Bitcoin plunges, Unless Bitcoin get regulated to be on a specific price the goal may be achieved. For now, any altcoin that is backed by bitcoin may not survive when Bitcoin is bearish. Alot of services accept bitcoin today, even restaurants and yet no sign of what you are talking about. Bitcoin is a complete currency on it's own and other coins should stay independent, to effect alternatives for traders outside bitcoin.

Being a blockchain development is an investment unlike trading it requires time, you need to learn python or C++, some courses can be found through social media in cryptocurrency commuties, use hash tag “blockchain development" on Twitter or medium you'll get insights on what needs to be done. also, Udemy can be a place to learn from experts. Like anyother programming skills, consistency is the key to perfection. Good luck.

The news is all over, from what I read, the token was sent to users, they're told to click on a link to claim the token, due to the excitement they obey the order and click so the malware can then get their details which maybe they submitted to claim the funds. These days, greed is the easiest means of taking people's funds on the ecosystem.

With the knowlege of Bitcoin as a scarce asset, people would purchase more of bitcoin and in turn it'll increase the value of bitcoin. When all the blocks get mined only those that holds Bitcoin would benefit from the increased value. With such a growth strategy, many people holds bitcoin even when the market is down knowing that it'll increase in value when all the blocks are mined after the last Bitcoin halving and no bitcoin is created.

With the domain kind of address bitcoin transaction may work like sending an Email, though not exactly how he stated  it. Before then, they was nothing like Altcoins, all the altcoins joined together can be bigger than Bitcoin, tagging ETH it's impossible for one project to outstand or get better than Bitcoin. In my opinion, his predictions is close to the Truth, as bitcoin is popular and more people looking to invest into Bitcoin. Alot of transaction occurs on the blockchain network through a payment system, lightening network sure, but I think the payment system is bolt12, sending transaction through onion messages free or paid.

Bitcoin has done great numbers in price value, everyone who is not a pessimist would testity and invest into Bitcoin. Top platforms and government institutions are pessimistic about Bitcoin so only few bodies indulge on Bitcoin investment. The little number of institutions like SPO (Swiss Post office) have a better view of what Bitcoin is all about. This will indeed help productivity in the company when bitcoin hits bullish trend. So Bitcoin will keep on getting more adoption despite the winter because the bull market is sure and good investor tap from such repetitive experience.

Most cryptocurrency news related platforms on YouTube are filled with contents on fallen projects; exchanges, lending platforms, tokens, Digital asset platforms etc. But, it doesn't stop them from coming back again when the market corrects. Some projects cannot stand the cryptocurrency winter and thought it wise or smart to back off for now and return when they feel ready to face the bear or bull market. Though, exchanges that failed, will face court trial and may refund their users.

Hello everyone hope all is rolling out well during this bear market Today I wish to share a post found on medium, the content is enriched with free data sources available for everyone in the market. The webpages or websites were created to provide different information regarding some data you should know, the practice of checking on blockchair if my transaction has confirmed is exactly the principal goal of this thread.


Blockchain Explorer  [https://www.blockchain.com/explorer?view=btc]




Blockchair  [https://blockchair.com/ru/bitcoin].



 
Tokenview  [https://btc.tokenview.com/en].




Walletexplorer [https://www.walletexplorer.com/]

Uses it's own database to imply the possibility of identifying individual crypto wallet.




https://bitinfocharts.com/

Bitinfo Shares same functionality with the Walletexplorer above, uses it's own database to imply the possibility of identifying individual crypto wallet.







All of the above websites share almost same similarities and short coming - the lack of a built in visualization system for ethereum transactions between cryptocurrency wallets. As a result working with tabular information is recommended.


This dispute can get corrected using these observers below.


Crystalblockchain   [https://explorer.crystalblockchain.com/]

It is  a Bitcoin blockchain explorer it allow users to carry out 5 investigations a day on a crypto wallet.
If information about them is available on the blockchain.





OXT [https://oxt.me/] Bitcoin blockchain data explorer and visualizer. It has a small private database of identified cryptocurrency wallets. The usage of the service becomes available only after registration.

OXT means Other exploration tool.




Blockpath [https://blockpath.com/] It helps users to track and organize their blockchain activities, and provides a section for reading scam related news on bitcoin. How to handle private keys and stay safe from losing funds.



GraphSense, but here you need to specifically dance with a tambourine. However, if you can reach out to the developers, then there is an opportunity to get demo access to their cloud using the SaaS model [https://graphsense.info, https://github.com/graphsense]



Maltego CE   [https://www.maltego.com/transform-hub/tatum-blockchain-explorer/]  They help with cryptocurrency investigation for projects and brands.






Blacklists of Bitcoin crypto wallets that have been used in fraudulent transactions or distribution of malicious software.


These tool helps to investigate a wallet address to know if it has been used for illicit activities. A means of tackling scam.






Lists of such observers or browsers

Bitcoinabuse [https://www.bitcoinabuse.com/]
Bitcoinwhoswho [https://bitcoinwhoswho.com/]
Checkbitcoinaaddress [https://checkbitcoinaddress.com/]
Scam Alert [https://scam-alert.io/]
Badbitcoin [https://badbitcoin.org/]
Bitcoinais [https://bitcoinais.com/]
Cryptscam [https://cryptscam.com]

Services for Scoring Bitcoin crypto Wallets.


BitrankVerified. Allows you to check the formal compliance of the crypto wallet with the AML requirements.







Monitoring tools for crypto wallet activities that allow you not to miss new transactions.


Cryptocurrencyalerting [https://cryptocurrencyalerting.com/wallet-watch.html]
Cryptotxalert [https://www.cryptotxalert.com/]






In addition to official sources, you can use Google Dorks to collect data on ownership of Bitcoin wallets.

They was an Example using this forum to trace a person's bitcoin address and activity. You simply use a specific website on the Dork before searching,

Dork [site:bitcointalk.org 3QzYvaRFY6bakFBW4YBRrzmwzTnfZcaA6E]
 



This thread was inpired by this This Medium Page


I would have shared more definition to the trackers and observers above, but with the names available you can check up on them and understand its complete functionality. Have a great day.

Cryptocurrency users should get used to the ugly warnings of Chinese Government about cryptocurrency. It's not new, they've been working against the project. Like I'll say, they is no bad publicity, more warning brings publicity to cryptocurrency. Only that some Chinese citizens will listen to their government and drop cryptocurrency. The news won't get across the world and many people who benefits and sights the future of bitcoin will definitely and should ignore the message. I think any news from China should be ignored completely in terms of cryptocurrency.

The current situation of cryptocurrency market is disturbing to cryptocurrency traders, investors and users but, affected exchanges are taking cold decisions. Recently, 2gether just sent an email across their users that says;

This action affected about 100,000 users that trusted the service of this exchange. And, their funds are held on the exchange. They went further to urge users to pay a fine of $20.35 to keep their accounts active, and failure to comply will get such account suspended. ( Maybe they'll be back in future)

Though the Spanish Financial users association is about to take a legal action in the name of all the users of the exchange. And, such situations will give regulators a better reason to regulate cryptocurrency. Exchanges are getting hurt during the bear market, why can't they hold? or maybe borrow some funds to finance their exchange while waiting for the market to correct.

https://news.bitcoin.com/spanish-exchange-2gether-blocks-operations-affecting-100000-users/

Bitcoin is a currency that has a transparent view of it's price value tagged to dollar or other currencies. Just like people check the value of $1 to their own country currency. That's how the world focus on the value of 1 bitcoin to dollar. During this inflation people will say that dollar raised in price that's why commodities are expensive especially in third world countries where their currencies are affected by the value of dollar. So, the use of bitcoin as a currency is the reason why people wants to know the price. The use of bitcoin as an investment also has to do with the price. the use of bitcoin as a trade has to do with the price. The only aspect of bitcoin that has nothing to do with the price is the network it's been hosted.

It's a nice idea to make decisions when others are confused about what to do or think about at the moment. Your thread will be feasible for building a business and scaling it to make more profits. In the case of cryptocurrency, sometimes, a calculated move is required, not like diving completely into the market. They are nice phrases on the thread that made me think that I'm no longer reading about cryptocurrency. I tried as much as I could to link them back to cryptocurrency it tallied at a point and I disagreed when you said we have to put all our mind into cryptocurrency. An interpretation of when you said we should do things with all our minds. I think in cryptocurrency when all your mind gets involved you may remain on the trading signals and prices all day long like a watchman. Unless a business is built under the cryptocurrency blockchain then I'll involve all my mind in it. They are other things under a man's control to take up a man's mind completely like humanity, women, kids, and survival methods than focusing completely on a single coin or currency which is not under your control. It's a nice thread OP. I'd said; it's a great one if it wasn't a cryptocurrency forum.

If we treat all the people into cryptocurrency as pros the market may end up not hitting a global adoption. Most users stumble upon crypto for what may seem to be a different reason; for-profits, trading, investing, etc. Many don't read or are not readers or not interested in reading about the ecosystem. Like you said lazy investors that see the exchange as a bank account. It's like a bank account to them, they can withdraw their funds since nobody or they have not enlightened themselves about the main cryptocurrency wallets that can be used to save their funds. In this thread, I emphasized that such decisions may chase noob users away from using cryptocurrency. So if the goal is to reach mass adoption I think everyone into cryptocurrency should not be considered a pro in the market.

Cryptocurrency exchanges are the thorn in the cryptocurrency market's flesh. Though, they are centralized platforms operating for a decentralized entity. But, they fail to keep themselves away from biased decisions. Recently, on July 5, Bitstamp posted that inactive accounts will pay a $10 bill on their next transaction. Such a decision became clear to them that users saw it as a biased rule to favor the platform; this morning they lifted the rule. However, users already left the exchange, and some users may lose interest in cryptocurrency due to such an order. An exchange with a reasonable board of admins should have thought things out before effecting such a rule knowing that they are many other competitors.

On the other hand, users complain that the exchange is demanding a $200 minimum deposit per month to keep an account active. So if a user fails to deposit up to $200 per month their account will get deactivated.

Such exchanges are making decisions outside the goal of cryptocurrency marketers or inventors. It shouldn't be this way. Some exchanges are centralized already. They should be a general central body that should govern every exchange in the cryptocurrency space. The decisions they come up with every day, and the threat of some exchanges going into bankruptcy in the cryptocurrency space is not helping this ecosystem. A rule should govern any existing exchange to keep things in place or the market will face more threats in the future. 






https://blog.bitstamp.net/post/bitstamp-cancels-plans-to-charge-inactivity-fee/

Even the old school "yellow kid" used this same phrase to scam people in the olden days. People cannot resist being greedy and earning from where they didn't work. It's more like a human nature and, some people take them into action, so scammers will capitalize from such set of people all year long. Nothing can be done about it. The technique is there if all social media gets regulated the same people that the government is trying to do a favor will leave those platforms, if scam reduces there, in search for a platform where scammers camp looking for quick money.