Bitcoin Forum
June 21, 2024, 07:05:30 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 [138] 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 ... 326 »
2741  Alternate cryptocurrencies / Altcoin Discussion / Re: To All Bounty hunters on: February 09, 2020, 06:29:38 PM
In regards to hunters, i do not think dump off is what is actually done.
Bounty tokens are sold for value, not dumped.

It is true that volatility is high and risk of doing a fake Bounty is enormous, but if you calm your nerves. Do your research, there's alot available Bounty that is positive.



Some are never sold because they never get listed or get listed on shitty exchanges with no volume.
This will never change if hunters will accept shitcoins or promises of shitcoins instead of valuable tokens.

Tell those cheap devs that if they want their project to be advertised they need to pay some real money.
2742  Alternate cryptocurrencies / Altcoin Discussion / Re: POS a typical Rich gets Richer scam on: February 09, 2020, 06:23:34 PM
But this is how the economy works everywhere you go. You want to have your own food business? Have 1000 dollars all you can do is a hot dog stand or sell popcorn.
You have 10 thousand you can get an RV and make burgers or something. When you have 100k you can get a small place of your own, make pizza, or get a fast food franchise. You have a million, you can start a proper restaurant.

The more money you put in the bigger you get. Mining is the same.
2743  Bitcoin / Press / Re: [2020-02-08] Police Shuts Down Bitcoin Mine Over Coronavirus on: February 08, 2020, 10:45:05 PM
Don't get it.

It's not as if there's hundreds of people coming and going on a daily basis. It's probably a few worker bees locked in a warehouse trying not to go deaf. There's no stock deliveries. It looks like no one goes home at night and there probably aren't very many people there in total anyway.

They even said in the article that there were no new arrivals to the mine. They were locked up living inside the entire time the virus was active.

I'd say the visit by these authorities that wanted to shut it down made them much more vulnerable because the people who came could have brought the virus into the mine and those employees will now have to travel back home which will force them to interact with people in train stations and streets. They were perfectly safe in that mine as long as they had food and water.
2744  Economy / Economics / Re: Can Blockchain Replace Banks? on: February 08, 2020, 10:34:36 PM
It would be possible if we experienced another big crash and bailout. You say that it's impossible and I don't agree. There are no impossible things and you just need things to go really bad for people to change their minds about banks. Now they still use them because not enough people were affected and lost their money but most of those who did started to hold cash Bitcoin, gold and other valuable assets.

2745  Economy / Economics / Re: Centralized exchanges have become the banks of the cryptocurrency world on: February 08, 2020, 10:23:59 PM

Sadly, to build a community around a coin, you'd still need staunch supporters right? And most, if not all, would try and use the money to advertise it so in the end, it falls to the factor of, again, the problem of money.

Besides the lack of promotion and lack of volume, DEX also the trustless system which need require deeper knowledge to control it, this is what the newcomers avoid the platform, plus the UI/UX that are not familiar in the eyes.

It's strange how much time it takes for people to get familiar with changes and accept them. The first step was making them go from a completely centralized fiat system to semi-decentralized Bitcoin. Now they're slowly getting ready for a completely decentralized system with anonymous cryptocurrencies and DEX.

I'm only afraid that it will take another 20 years and we'll be old farts unable to fully enjoy it when it comes.
2746  Other / Off-topic / Re: do you think Healthcare and College should be free for all in the US? If so, how on: February 08, 2020, 10:10:42 PM
It shouldn't be because when it's free it's actually shitty and still not free, especially healthcare.

In many socialist countries it was supposed to be free but it made it so bad that people had to wait in queues for weeks to get a simple procedure done. Make it free nad you'll always have too many people trying to get a freebie, especially old crazy people who feel a little ache and already call for ER because they think they're dying.
As a result:
Old people constantly wait in lines
Poor peopole also wait in lines
Rich people pay for private visits
There's not enough money to hire good specialists and those resign from public hospitals and go abroad or private.
2747  Alternate cryptocurrencies / Altcoin Discussion / Re: [ETH] I was scammed on Youtube. What to do? on: February 08, 2020, 10:01:27 PM
I have taken part in a number of legit airdrops and they'd never ask you to deposit anything with them. You'd always be asked to sign a message or something like that. The only case where deposits were required is when exchanges were forking coins for you but it's a special case. It's not a giveaway and you can do it yourself if you want.

A golden rule is to remember that when you send coins to someone it's not like sending fiat where they have their account with a name and address. It's giving full control to someone you don't know. Do you believe that if you sent cash to a stranger via mail, typing the name XXX and a random street name they would return it to you? It's the same with cryptocurrencies.

The channel and video cannot be opened anymore. You could change the links to include a copy.
2748  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Bitcoin Cash A Better Crypto To Invest? on: February 08, 2020, 09:49:25 PM
Bitcoin Cash is one of good manipulated instruments one should use smartly to catch those pump waves. But don't believe in this coin too much, it's empty if we are talking about the technology. Imho.

It's not really that manipulated. Most of the time BCH follows BTC with some smallexceptions like when there was to be a fork and people were buying it because they wanted to get free SV. BCH doesn't pump by itself much and is a much more risky investment than BTC because it tends to dump much harder than BTC when things go south.

I'd rather hold ETH because BCH isn't better than BTC in any way. There's no incentive for people to buy itt beside speculation.
2749  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Crime is getting Worse, what do we do? on: February 08, 2020, 09:41:43 PM
In my country, kidnappers and armed bandit have gone from demanding for fiat to demand bitcoin as a means of paying the ransom. It is sad to see that people are making the anonymity feature of crypto as a means of getting away with the crime. Not only do they make this, they also won't trade on a centralized platform that requires KYC in order to hide their identity. I do not think there is any big way of combating crypto-related crime other than giving a very tough punishment for a few that are caught. 

There's no anonymity with Bitcoin. They're doing it because they're stupid. It's far easier to demand cash and then spend it!

Bitcoins leave a trace and cannot be spent without going through an exchange. Exchanges now require KYC and ATMs have cameras. You can get spotted taking out cash with ease.

It's not the fault of Bitcoin that they demand it. It only shows how valuable it became. In the old times they would steal your gold and jewelry.
2750  Alternate cryptocurrencies / Altcoin Discussion / Re: 💩 We are now in the “shitcoin” season? 💩 on: February 08, 2020, 09:34:13 PM

That rainbow shows that we are not in a shitcoin season yet. First there's Bitcoin season then the bell calls for top altcoins and finally shitcoins. For people to go all out shitcoin investment we'll have to see BTC reach ATH.

Usually the flow of money is like this.

In the bear market all goes from altcoins to Bitcoin andf then slowly as Bitcoin recovers and gains valye it deflates and some capital goes to altcoins until the bubble finally pops and altcoins start to tank faster than Bitcoin.
2751  Alternate cryptocurrencies / Altcoin Discussion / Re: Why most of ALTCOINS are dead or worthless? on: February 08, 2020, 09:14:16 PM
maybe the main reason is because market demand is smaller than supply in the market, on the other hand we can see that making your own token through the ethereum platform is quite easy and it is not surprising if someone can use this platform for cheating.

That and most people are jumping from one coin to another because all they want is to catch a pump. Nobody holds altcoins for long they're but a trampoline to launch yourself into the big world where rich investors are finally able to buy 1 or more bitcoins and settle.

I see only the same thing reocurring in the altcoin sector. Poor people from India, Pakistan, Philippines start from scratch earning pennies then when they finally have some money they go to another coin and another trading catching pumps and finally go towards one of the big coins like BTC, ETH, BCH.
2752  Alternate cryptocurrencies / Altcoin Discussion / Re: Justin Sun had a dinner with Warren Buffet! on: February 08, 2020, 09:04:01 PM
Finally, Justin sun is doing real things instead of shit drama. This dinner was fixed for Q1 of 2019, but it is just made after a year, such a long gap!

Makes you wonder if Justin would get a refund in case of Warren's deadh during that year-long gap Cheesy
I'd wantto get a refund if I were to wait a year for something that has already been paid.
2753  Alternate cryptocurrencies / Altcoin Discussion / Re: Which consensus is more secure and decentralized? PoW, PoS, PoC or all in one? on: February 07, 2020, 08:09:04 PM
PoW is the most secure as long as the industry is big enough. If you pt a shitcoin that is being mined by a single pool and a few solo miners you won't get decentralization and security. This system works best with big, popular and valuable coins like Bitcoin. That's why it was able to operate for 10 years without a 51% attack. Because this system simply works.

I like PoS because it allows almost anybody to make money from a coin without all the technicalities of mining, but it is not the most secure or the most decentralized. You have to sacrifice some features to get some other.
2754  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the best project for investing in 2020? on: February 07, 2020, 07:59:10 PM
Exchange tokens like BNB and ecxx have done well and should continue to. BRAP and other microcaps like nCoV have the potential to make large returns.

BNB is getting boring. I'm afraid this whole thing with Tether is going to explode and Binance is really shady with how they get rejected from different countries and lie to customers about having an office here or there, while being registered somewhere else.
It's only a matter of time until some agency undermines USDt and Binance goes doen with it.

The only thing in this space that you can be sure of is BTC.
2755  Bitcoin / Bitcoin Discussion / Re: Coronavirus & quarantine & effect on BTC Difficulty. How Bad/Likely? Poll! on: February 07, 2020, 07:51:41 PM
I don't think this person was weak or old, 34 year old DOCTOR from the very Wuhan hospital, who ended becoming a patient Jan 30 and now is dead.

There really is a threat, it appears to have been contained so far, but its no common flu like you say, its serious. It does propagate like the flu, which means worryingly easy.

That said i don't think this will affect Bitcoin much, if at all. Mining operators in China, live in the farm itself, they don't really need to be going out much. I suppose it might disrupt asic production, but that's another matter. If anything, it will slowdown somewhat the diff increase as they won't be expanding or upgrading miners for a month or so until people can go back to normal and the quarantine is lifted up.

Ok so every once in a while this virus kills a young person. Doesn't this happen with normal flu as well? How many people around the world get pneumonia and die?
Coronavirus is bad, but it shouldn't be a factor to cause mass hysteria. There are billions of Chinese, only thousands of them contracted Corona Virus, out of those thosands only a few hundred died.

According to that site that I posted earlier in Australia there were 15 cases, 5 already recovered and nobody died. You really can fight this thing and it is life threatening but so is smallpox, rabies and soon. 
2756  Economy / Gambling discussion / Re: How often do you gamble? on: February 07, 2020, 02:31:04 AM
I gamble when I feel bored or it comes to my mind and wakes up that drive. It's like the need to eat something. Sometimes you want a normal dinner and sometimes you want to eat some fast food. For me gambling is like that fast food you eat once a month or twice a month and forget about it.
I do not recommend playing when you are bored, your senses aren't working, you need to stay in a good mode so that you may think well, and decide right. It will be hard if you are just playing to waste time. You need to enjoy it , savor it, and when you do , you may have fun in gambling, like me I didnt play gambling so often but I am enjoying it very well.

You don't use your senses much when you play dice or slots.

Have you ever played solitaire? I sued to do it years ago to kill time. A very nice game if you get to know the basics. When you play a lot you can play poker or blackjack the same way.

You can be half asleep and still have the right calls with your cards. Try to play for a few days, an hour every day, you'll see how easy it becomes. You still can lose but you won't screw up because you're tired or bored but because you got bad cards.
2757  Bitcoin / Bitcoin Discussion / Re: $37,000,000 in Bitcoin (BTC) for Sale by US Government on: February 07, 2020, 02:23:16 AM
@Artemis, ask someone who's actually bought bitcoin at an auction. Some of the notables in this forum (well ok I only know one actually) actually got most of his early stash cheap from a similar auction. Cut price.

Although, the last auction I watched in the UK (also seized crypto sold by police) actually sold many of their lots for over market price. Guess some people still don't know how to exchange or P2P...

I don't think that people paid premium on that auction because they're stupid and don't know what the exchange price is. They did the same exact thing when silk road money went on auction.

We all know how shady some exchanges are. They sell your data or leak it, they manipulate prices, fake volume, they get hacked, they get seized, they go bankrupt, they launder dirty money. When you buy at a government auction you get all the paperwork. You get legit bitcoin that nobody will seize from you and you get it in person right onto your hardware wallet if that's how you like it. People will pay premium for this.
2758  Economy / Speculation / Re: Bitcoin price may hit 27k all time high by summer predicts tom lee on: February 06, 2020, 10:52:35 PM
In the past we never saw the price skyrocketing right after the halvening like Tom Lee suggests here, it usually was taking quite some time, like a year or a year and a half. Even if this time it will be faster, it still unlikely to be that fast - maybe the market will be growing that fast by the end of this year, no in the middle of it.

I also did not see a price skyrocket after a single Tom Lee's prediction. In fact this was the other way round. In 2018 every time Tom made a prediction the price went down.

Tom is a permabull but he's a permabull of the worst kind because he doesn't learn from his mistakes. Like when you fight someone and get beaten every time you either learn to fight or learn to avoid confrontation. Tom doesn't learn to do good TA but he also doesn't know how to keep his mouth shut.
2759  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: My wish for bounty projects that seem impossible on: February 06, 2020, 10:39:37 PM
This is just a wish, I hoped for it and asked around but yet it seem impossible, the best thing in ever wished for on this forum is bounty projects should start paying in bitcoin or stable coins to bounty hunters, doing this will avoid dumping their tokens buh .... I guess its not going to work since most new projects have no money to do so. they are better off paying hunters in their very own token, damn!

If this is your wish then do something to make it come true! For instance you could stop accepting shitcoins for your work.

This is not an explanation that projects don't have money. If they don't have money for promotion they should wait until they get some, apply for croudfunding or get sponsors.
Try to start a real business and tell employees that they have to work for free because you don't have money Cheesy They will laugh at you and leave.
2760  Bitcoin / Bitcoin Discussion / Re: Coronavirus & quarantine & effect on BTC Difficulty. How Bad/Likely? Poll! on: February 06, 2020, 10:19:14 PM
I think that it will have no effect. The virus is more of a scare than a real threat for the country.
You can check statistics here https://www.worldometers.info/coronavirus/

There were only a little over 500 deaths worldwide out of which almost all were in China. There will not be an lack of workforce as the Virus kills weak and old people, usually recovering from another form of illness, just like other types of flu used to do.


If you have some immunity problems, like you have AIDS and you get a normal flu you have hgh probability of dying but nobody will make a big deal out of it if it really happens. Now if this is a new mutated flu everything changes. Now you're part of a completely new statistical group.
Pages: « 1 ... 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 [138] 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 ... 326 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!