How do you define an alt coin that's survived the crypto crash?

I'm wondering because the only one I've heard of from your list is MANA, and it has been through a -70% crash in the past month. If so, then all cryptocurrencies survived the crash. Some have crashed more than others, but they've all crashed to significant negative levels.

Ignore my reply above. I've read "crypto crash of 2020" instead of 2018.

Well, to me it looks like this was a partially political game from the beginning and the politics are now only becoming more prevalent in this crisis the further we get into it.

The air pollution, from what I've heard on the TV a few days ago, surely does drive the death rate higher than it should be in those polluted areas. However, even without pollution, the death rate is alarming and let's not forget the fact that a lot of cities with high population density are also polluted around the world, which means we're talking about a pretty large part of the cities that are under the risk of an alarming death rate.

EDIT (pushed the Post button too early by mistake):
I unfortunately think the efforts we make to find a good, better solution to the COVID-19 situation will be in vain because there could be an underlying political plan they don't want disrupted. One of the reasons I believe there's a plan behind this entire virus thing is the fact that D. Trump tried to obtain exclusive rights for the COVID-19 vaccine produced by a company from Germany. It looks like they don't want the vaccine to be around very early, so they'd do and pay anything to obtain the vaccine before we, the population, will have it. This is already going off-topic though, so I'll stop the paragraph here.

A better solution will hopefully be at least adopted in a few countries so they'll have a much lower number of deaths. I'm still thinking of one that could help out..

Gold doesn't have the "impossible to devalue" benefit. Take a look over the 3M charts and see what I'm talking about. Gold is unfortunately of no help in these times either. Nothing is, as far as I'm concerned. Literally everything is falling. It's like an everything-bubble, contrary to what I thought the bubble was made of. Manipulated or not, gold is unfortunately decreasing in value too.

At this exact moment I think holding cash is the best thing you can do for the short term: if you hold anything else, be it Gold, BTC, stocks or whatever you want, the decrease of their value + the inflation of fiat will make you crazy. But fiat will not hold on for much longer. Long term obviously looks different: as soon as the columns holding the economy start breaking down, gold & BTC will probably jump straight into the safe haven area.

Gold vs BTC is a debatable subject. Gold isn't portable but is tangible. BTC requires technology and internet connection but gold can be faked and so on. I thought gold would be the first to pop up as a safe haven during an economical crisis, but apparently no. Moreover, I bet people will start being afraid to trade physical gold because "the virus can live on its surface".

I have no idea, man. I feel helpless when it comes to safe haven assets in these times.

I did not say the Bitcoin halving will not succeed. I said I don't expect the price to change positively like before because of the recession. The halving will obviously happen under normal conditions. This doesn't have to change as it's the mechanism of BTC and the mechanism isn't affected by the virus/recession.

However, people are in doubt about basically everything right now: authorities are intentionally not taking the necessary measures to stop the virus, gold and silver which were considered safe havens are falling together with cryptocurrencies, stocks are (or at least were a few days ago) hitting the ground and so on. Everything's uncertain as of now so I don't see why people would get hyped about BTC during a recession. There are way more important things to think about right now, BTC has probably fallen from the top on many people's lists of priorities.

I'm curious to read some of the professional traders' thoughts about short term trading during these times. The markets are literally crazy. You just don't even know what to expect anymore. Most of my BTC trades were profitable - but right now I'm very afraid to make any move in the crypto markets so I'd rather just sit on the side and look at whatever is happening.

Isn't telling someone about how you can earn from the sig campaigns of this forum basically shaping up the idea of BitcoinTalk being a job in their mind?  I'm not accusing you, just trying to say that we must take maximum precaution when letting someone know about the forum so we don't create a false idea of it in their minds.

We shoudn't consider a Legendary (or a DT1/DT2) user to be dead from the COVID-19 if they fall silent. There could be many underlying reasons and their privacy shouldn't be played with one way or another. If a DT1 user wants to leave the forum forever without a good-bye, it's their choice.

If a DT1 member of the forum died and a hacker took control over their account, I'd wish best of luck to the new user with using the exact same words and post structure the member had before. It's usually obvious when a new person takes over an account: take some of the threads/replies post his gap history and take some of the threads/replies pre-gap history and if there's a noticeable difference, there you go. You don't change your posting structure and wording in months.

As far as I know, the post history gaps are usually found by other members of the forum very easily so there's no need to create some kind of "deathlist" to find whether an user has died from COVID-19 or has been hacked after their death. That is usually noticeable. Moreover, we can assume the hacker will most likely reset the password - that's another little red flag. Connect all the dots and it's easy to find whether an user has been hacked or not. On the other hand though, I guess most DT1 users have a pretty strong password on the forum. Like come on - we're cryptocurrency users, we are interested in securing our wallets so we should be interested in securing our BTCTalk accounts too, right?

Lockdowns will not stop the virus from spreading. It will still spread, although not as fast, and will cause panic and chaos if it takes months to be lifted. If people are not going to be tested for the virus, a lockdown is not of much help. On the other hand, we have the recent 17yo boy from South Korea who's been tested 8 times in a row with negative results and then died; after his death, the DNA resulted in a COVID-19 positive. So now I'm wondering... how useful is testing in reality?

Making someone invest in cryptocurrencies during these times is a possible game-over for them in my opinion. You don't want BTC to fall down once again and remind yourself about the family you tried saving by convincing them to invest in BTC - the family has much less money now thanks to your suggestion. And now if they want to get back their fiat, the process involves the possibility of getting scammed, the commissions and, if these weren't enough, they'll have less value than they started with in the end.

Advertising the forum, on the other hand, is a completely different thing. Let them know they can gather a lot of knowledge by spending their time on BitcoinTalk during the lockdown. After a while, maybe they'll be part of a signature campaign and will stack up their BTC. 2-in-1.

To be honest, Bitcoin isn't helping me very much during the quarantine but the forum is. It's helping me very much actually. Spending time on here makes time pass way quicker so there's less time to think about the worst.

You must be the slyest fox I've ever seen and heard of! I feel like this Foxpup gang (or is it a cult? or is it both?!) is slowly and and silently taking over not only the forum but also our minds and.. ehm, sexuality now!

Should I feel threatened or safe with your takeover you sly, evil-minded vixen?

May sound like a conspiracy but I am pretty confident the governments have their backup plan in case fiat goes down. There are market cycles always repeating and our authorities know that very well. Hence, there should be some Plan B undercard. My question is whether they'll pull it during this recession or after it ends.

I don't think there is a perfect solution to a recession. If there was one, it would've been used long ago and recessions wouldn't have been a thing anymore. What surprises me and makes me wonder how will this recession look like is the fact that the USD inflation is climbing up while usually the opposite should happen. Purchasing power is lost which makes the free $1k checks worth much less than they would've been 2-3 months ago.

Bitcoin is not the solution either. Not for now, at least. And I doubt any government will ever suggest using it as a refuge. Gold isn't the solution either. I believe governments will sooner or later pull out the Plan B card which might be their own version of digital currencies.

The world is buried in debt. Things just can't go well this time and we have to let things happen the natural way. The economy needs a disaster because until in the past decade it only grew on an artificial, non-existent amount of money no country in this world would ever be able to pay back.

But those at the top of the pyramid knew it. They are much more intelligent than us and they surely do have a plan for all this thing going on.

I doubt it. Anything is possible, but this is a very uncertain period of time so expect anything to happen. As far as I know, the price usually bumps up about an year post halving. Other people's analysis may prove me wrong, this is how I remember it.

Bitcoin still needs to prove its purpose. Bitcoin needs to find the answer to the meaning of its existence. Halving will make BTC much scarcer, but that doesn't necessarily mean the price will be positively affected. I'd like to believe that in an year prices will soar to All-Time-Highs, but I am afraid the recession will let this happen only many months/years later than it's supposed to happen.

Oh man, I've been very close to being scammed recently. Sometimes they impersonate the support accounts so well (especially on Telegram where you don't have "verified" ticks) you just can't make a difference.

In my case, I've posted a question in the Telegram group of an exchange and someone from the "Support Team" has contacted me asking me if I needed help. While talking to him, I had a little break of ~20 minutes from the phone but I had absolutely no suspicion the guy was a scammer because it impersonated one of the Admin accounts on the exchange group very well. However, 20 minutes later, I had the exact same message received from more than 5 different accounts acting as the moderators. Ironically, I still had 0 suspicions but I did not proceed to give them any details as my issue was fortunately already solved.

Weeks later, I opened up Telegram and all these accounts were banned and had a "SCAM" flair next to them.

It's quite easy to be scammed even if you're experienced. YouTube and Twitter "giveaways" aside, this is an easy thing to do and in my case never made me suspect something fishy is going on.

Take care and triple-check who you're talking with every time. You never know who truly is behind the screen.

I tried looking it up but there's no "open-source" reference to it anywhere on DuckDuckGo. I doubt it's open-source too. It looks like they do not have KYC though for now, which is good news. Here's the quote from cryptoiq.co:


If there was a KYC-free open source wallet that allows debit card purchases, it would be amazing. I'm just kinda afraid to use debit cards now, considering the fact that we're in the middle of an economical recession.

1. If you are going to cheat a TV Show so a specific person/group of the show wins, you're going to destroy not only your own trust but that person/group's.
2. That's most likely illegal and you'll be punished if found by the authorities.
3. If you're going to be punished by law and you're going to use real people to vote and not bots, these people could also take a hit from the law.
4. Putting all this aside, if you try cheating you may be both punished by law and have the manipulated results reversed so you'll fail twice.

I would not proceed with this if I was you.

I don't necessarily have a problem with the OP, but there's been a period of time when this board has been filled up with "motivational threads" which were more-than-obvious merit begging threads after TMAN gave 50 merits to the first one posting this kind of thread here.

Honest opinion: motivational posts aren't needed. You don't need to be motivated to write here. You either like posting or you don't, there's no need to be convinced.

Moreover, the more time you spend on the forum without the goal of ranking up and just for pure entertainment and education, the easier it is to get a rank-up. I've received more than 300 merits in the past few months and I honestly have no idea how and when did that happen. I'm a week away from ranking up to Hero, something I thought would take an year to happen.. not just a few months.

If you stay here with no other intentions than gathering more knowledge and discussing with other members of the community you are in, ranking up happens in no time.

Wikipedia pages can be edited by anyone at any given time. I doubt the answer to who is Satoshi was "leaked" on there. I don't really trust these edits.

The "Other names: Satoshi Nakamoto" line has been added on 19th of August, 2019. You can see the revision here (archived). I'm not sure when the TikTok was posted, but let's be serious.. it's a TikTok.....

This is Eric Schiermeyer's Wiki page before the edit (archived). If this was real, it would've gone mainstream. It'd be a kinda silly to reveal your identity on a Wiki page though.

I highly doubt we'll recover until the end of the year. This is going to take a very long time and I don't think crypto will be the asset people will focus on. I believe BTC will recover too, but it's most likely going to take a long while until then unfortunately.

On the other side though, this opens the opportunity for me to accumulate more. I always considered BTC dumps something like going back in time and getting a second chance to accumulate while prices are low. Hopefully things will evolve the same way they used to in the past few years as soon as the crisis is over.

Very true. Less known coins are easier to manipulate, so an ugly dump candle can always pop up and most likely will considering the way all markets moved recently.

I would personally cash out any large profit I make.


In my opinion, no. This will lead to harsher drops. Pumps in extremely bearish times equal disaster.

You can, if you take The Netherland's path. However, I don't think that'll last very long until they'll need to sacrifice theirs.. but each country has their own interest and now we have two choices: sacrifice the economy and save lives or save the economy and sacrifice lives. Simple as that.

Very tough times are coming. What we've seen is just a little spark of what's to come.

Nothing is independent from the global markets in our case. If global panic starts, it starts in all the markets too.. be it the most precious materials, Bitcoin or stocks. Bitcoin is moving approximately the same path gold and silver are too if you pay close attention to the charts. As I said days ago, this is the time for Bitcoin to decide which path to take: safe haven or no?

Things will get volatile as fuck. Get used to it. It's the new normality.

I've spent more than 4 weeks completely self-isolated at home trying to prevent a pandemic. Unfortunately though, many have shown too much ignorance and this lead to Italy and China having to go through the worst.

My mind has predominantly been occupied in the past few weeks with analyzing all the possible strategies there are to combat the COVID-19 pandemic. I'm constantly trying to find a solution that would work best and would provide the least damage. Time is our enemy as of now though, so any solution must be applied immediately or the situation could get even worse.

As far as I'm concerned, any strategy has an unavoidable sacrifice. Be it lives, economy or something else, there is a sacrifice to be made.

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I've seen countries take different paths toward the virus containment. Let's analyze the existing strategies.

1. Do nothing and let the virus spread hoping for herd immunity to happen. We've heard this in The Netherlands and in the UK (which is now apparently backing out of the plan) and in my opinion, this is the worst path you can go for. This strategy is great for the economy, but will come with an insane number of sacrificed human beings. Letting everything be means the virus will spread like wildfire and the hospitals will more than likely become overcrowded. COVID-19 cases will then become the prioritized cases in the hospitals, which means all the other causes of death will have a surge. In other words, this sounds more like a "we don't care about our citizens, all we want is our economy to thrive" plan. The thing is, this strategy could go very wrong: if at some point everything gets out of control and the hospitals are literally unable to keep up with the infected, the authorities will most likely go for a quarantine which means taking down the economy after sacrificing a significant number of lives. Moreover, there is literally no evidence AFAIK about herd immunity so chances are things will get out of control anyway and this will be basically repeating the 1918 Spanish Flu all over. If this strategy is applied and the number of infections needing hospitalization surges, an entire chain of problems pops up: If you have enough ventillators, you don't have enough space in the hospitals. If you have enough space, you don't have the personnel. If you have the personnel, you don't have unlimited resources to keep up with all the pacients. And so on.

2. Slowly take measures the more COVID-19 spreads in the country. This one is basically trying to keep the economy up as much as possible while also keeping the cases under a somewhat control. Italy, Spain, France and China have shown very well that this is a bad strategy because there will be a point where you just won't be able to keep up with the cases anymore and so you'll need to lock down your entire country. I usually compare this to the Bitcoin halving: the number of confirmed cases is growing at a pretty fast pace, so measures against the virus are implemented every now and then to slow down the growth of this pandemic. Is it worth it though? The virus is being spread at a somewhat slower pace, but hospital overcrowding still does happen. I believe this is not a good strategy either. You try keeping everything under control but there is going to be a point where things get out of control anyway. Therefore, this strategy will end with both human lives and the economy sacrificed.

3. Take strict measures against the virus, close everything and lock down the country ASAP. There is no country that has locked itself down immediately after the first cases AFAIK, but this "lockdown" countermeasure has been taken in various countries and we've seen the effects. As soon as a lockdown happens, the economies go into a literal freefall of double-digit one-day stock losses. This is a measure to strictly try containing the virus but you have to sacrifice the economy. I believe this would've been the best strategy out of all 3 and would have worked very smoothly if governments would have psychologically prepared their citizens in time to avoid hysteria. If we all knew there is going to be a lockdown BUT food and drugs will still be in shops, there would've been way less panic than trying to chill everyone down for weeks and then announcing a very strict measure (locking down your entire country). Although the economy is sacrificed, I think it's more worth it than sacrificing human lives.

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Now let me share with you a few strategies I've thought of. I'm posting this entire thread here hoping that maybe there is a genius mind out there who has a better solution to the pandemic than all of us. My strategies have their own flaws too. Here they are:

1. Split the population into two (by age) and apply two different strategies for each part. The population would be split into people <45 and people >45. People under 45 living by themselves should be let to work under normal conditions and continue their lives. Everyone else over 45 will stay under quarantine at home together with everyone they live in the same house with. If someone under 45 has underlying conditions known to lead to severe symptoms of COVID-19, they will be quarantined at home too.

I found the following flaws in this strategy:
- How will we monitor everyone who will have to be quarantined at home?
- If everyone under 45 is going to continue their lives, the chances of those >45 to get infected will surge significantly.


2. Herd immunity: infect everyone, in waves of dozens/hundreds of thousands of people every week. There are a lot of asymptomatic cases that have not been confirmed yet. If the youth has a much smaller chance of having severe symptoms, this means there is probably already a significant percentage of youth carrying COVID-19. If we infect everyone in waves (descending by age), then the older (which is also more prone to the severe symptoms) will be under control. If we gradually infect in weekly waves, we could have a pretty good idea (thanks to the existing statistics from Italy and China, although I don't trust the Chinese ones that much) how many ICUs will be needed so things could remain under control continuously. Once everyone over 45 will be infected and things are under control, the quarantine could be lifted because way less of the youth will need hospitalization.

I found the following flaws in this strategy:
- According to Worldometers, the death rate for those over 80 years old is 14.8%. Say all deaths from severe cases of +80yo confirmed cases have had ICUs (which is the ideal condition). How will we cope with the death rate in this case? Starting with the death rate of 14.8% and purposely infecting everyone in waves starting from descending ages, this means we're going to expect a 14.8%.. or 1.88M deaths in the US (source: calculating 14.8% of the people over 80yo in the US based on the numbers from Statista).
- This will take an awful lot of time to infect everyone in waves. However, instead of applying the "let everything be" strategy, this one at least tries to surpress the number of severe cases so hospitals could be under control at the same time. Moreover, the quarantine time could be reduced by weeks or even months, which is very critical.
- Again, AFAIK there is no known case of herd immunity. Some of the older cases have been reinfected. What if a second wave of the virus or a stronger strain hits and the death rate surges significantly?

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I'm trying to come up with a solution to the critical situation the entire world is into right now. I know my strats aren't the best, but it's the only solution I can think of. If anyone has a better strategy, please leave it here. I'll make sure to read all your thoughts very clearly. I'm looking for a way to both sacrifice the least of everything and stop the crisis in a reasonable time.