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2921  Bitcoin / Bitcoin Discussion / Re: buying crypto currencies and then travelling on: May 23, 2021, 12:06:06 AM
If you buy crypto currencies in one country and then travel to another country, as long as I have the passphrase and private key on paper, hidden in mulptiple places and the crypto on an online exchange, no kyc, p2p bought, non custodial and bought on a clean laptop, can I delete the website from by laptop, including the online wallet, and then sign in again to that exchange after travelling.
Custodial wallets and non custodial wallets, please choose later one (non custodial wallets).

What makes you choose online wallets in the first place? They are risky type of wallet. If you do not choose it, you won't have to worry about leftovers in your smartphones, laptops when they are in hands of anyone else.

When you use a non custodial wallet, the best is create that wallet offline.

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I have heard, dont know if it is true, but better safe than sorry, that they now have devices to scan your smartphone and laptop to see what is on it.
Do things offline and secretly, you won't have to worry about them.

Custodial vs. Non Custodial Wallets - "Not your keys, not your coin" Explained.
Recommended wallets
Quote
Wallet Basics:

Do not use wallets that don't give you recovery data; these wallets are likely controlling your keys.
Do not use paper wallets unless you're an advanced user who understands all the risks.
Do not store large amounts of value in single signature wallets.
Make sure your heirs know how to recover your wallets without you!

Bitcoin Q&A: Not your keys, not your coins
2922  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue on: May 22, 2021, 11:43:23 PM
the biggest obstacle is in listing BGL on many other exchanges, I don't know what is the current criterion that big exchanges like kucoin, Binance, Huobi Global, Okekx, Bittrex and poloniex. But there are many other alternatives like:

Liquid

ZB.COM

BigONE

ProBit Exchange

BitForex

HitBTC
Do you know the common listing fee on exchanges nowadays?

Tier 1 and lower Tier exchanges. I hope that exchanges don't charge too expensive listing cost.

If possible, the community can consider to contribute to the listing pool for this project. One person can not help but if the community do together, the listing pool will have good fund.

Generally, contributions will bring win win situations for all participants in the pool.

The team can run a contest with it too. Contributors will have records for their donation amount. If the listing process goes well and the price after listing is a big successful, top contributors will be rewarded with some awards.

50 BGL now can have same value of 10 BGL after a big successful listing. I think it is fair enough if 50 BGL contributor will be rewarded back with 5 BGL award.  Grin
2923  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Is Binance too big to fail? on: May 22, 2021, 03:46:32 AM
Binance has grown into a force to reckon with since its establishment in 2017. In just 4 years since inception, Binance dominates the crypto market being the largest cryptocurrency exchange in the world. Its most successful venture has been the launch of a public smart contract platform dubbed "Binance Smart Chain". The native cryptocurrency "BNB" went from being worth cents to hundreds of dollars (USD) in just a few years since inception.
Binance has a smart brain behind it, Changpeng Zao. They joined the cryptocurrency marketplace when big exchanges have troubles with the boom of crypto market and huge new crypto users. Those old and reputable exchanges like Poloniex and Bittrex got troubles to scale up their servers and KYC implementation. Binance took it and grew up in a few months.

But as you noted, Binance is creative and they are the first exchange to launch their own token (BNB) and they created more creative promotions with BNB. Binance Smart Chain is the first chain owns by one exchange.

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What are your thoughts? Is Binance too big to fail? If not, why?
They will not fail but it is not because they are too big. It is because they are creative and like a smart time traveller. Other exchanges follow what Binance did so they can not beat Binance.

They will not fall down if the cryptocurrency marketplace won't have other creative exchanges.
2924  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum or Binance Chain (BNB)? on: May 22, 2021, 03:27:12 AM
There's a new kid in town named "Binance Smart Chain" focused on rivaling Ethereum into becoming the world's second-largest cryptocurrency by market cap. It went all the way from being worth cents (in USD) to just hundreds of dollars in an instant. Unlike Ethereum, Binance's smart contract platform offers a greater degree of flexibility with ultra-low fees and blazing-fast transaction processing times.
New kid always tries to claim the new chain is better and makes an evolution. Ethereum does in 2017 and its network was congested. Its problem has yet been resolved so far.

Binance Smart Chain is more flexible but it will get troubles when the chain becomes more accepted and bigger.

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Of course, no other cryptocurrency (except Bitcoin) can outmatch Ethereum's level of decentralization. I guess that's why most developers continue to build dApps on ETH instead of migrating to BNB altogether. For different tastes, needs, and/or purposes in life, will be the type of cryptocurrency to use.
They can do dApps for multi-chains and I think it will be a trend in crypto and dApps. Projects that have ability to adapt to multi-chains will be more interested by community.

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I prefer Binance Chain over Ethereum anytime because of its benefits. But some people will prefer Ethereum over Binance Chain because of its decentralized and censorship-resistant design.
The total validator of Binance Smart Chain is very very small compares to Ethereum chain.

BSC: 43 validators https://bscscan.com/validators
Ethereum: 147967 validators https://mainnet.beaconcha.in/validators

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What's your choice? Ethereum or Binance Chain? Why did you select such cryptocurrency? Will one of them fade into oblivion sometime in the future? Or will they co-exist for many generations?
I am flexible with my choice. If I want to move funds and they are available with BSC, I choose BSC. If not, I choose ERC20. I believe Vitalik will resolve the problem on ERC20 chain. More people will use ERC20 chain again.
2925  Bitcoin / Bitcoin Discussion / Re: Fighting the FUD of PoW versus Po(Insert favorite word here)!! on: May 21, 2021, 12:07:27 PM
Elon Musk's nonsense has exceeded the limit, I do not know why you are so interested in him that he is not Satoshi and his joining or withdrawing from Bitcoin will not change things, the price has risen from zero dollars to more than 30 thousand dollars without his help, so why do we need it.
Bitcoin is not a company and I don't think all miners and individuals who run an entire contract will care about the Elon Musk comment.
He is smart indeed and has a big capital and big corporations behind to support his tweets and price manipulations.

People actually don't care too much with his wisdom or knowledge about Bitcoin or crypto in tweets. They care about his actions with the market, buy, sell and speculation. He knows what the crowd want to see with his tweets.

Consequently, with his intelligence, he knows what to tweet. The crowd react and support his funny tweets. His jobs are done very easily.

Miners will care more about their investments into mining farms, ASICs, cooling ventilation system, available cheap power supplies, and seasonal effects. They don't want to wipe out what they have built up and used so far. They don't want to gamble with weather, rain, wind for their mining.
2926  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [OPEN] Bitgesell (BGL) | Signature Campaign | Legendary-Full Members $100/WK on: May 21, 2021, 11:56:02 AM
What's going on? Top-notch posters are applying. Please don't kick me out guys and manager.  Smiley
2927  Economy / Trading Discussion / Re: Bitcoins Issues. on: May 21, 2021, 11:45:49 AM
The possibility that bitcoin will fall drastically is the same possiblity that it will rise madly, so the best way to win the volatility sickness and disturbance is by long term holding, this will help you from emotional headache on trades, and at the same time gives you unexpected profit.
Hodlers don't get much loss with Bitcoin but traders do. Especially if they are margin traders or future traders and they use stupid leverages for their positions. They will get losses of their capital. Only less than five times of liquidations, they will lose more 95% of their initial capital.

There are very few hodlers on the market. Most of them are speculators who don't have single idea of how Bitcoin network works. They are targets of FUD and manipulations. The second type of traders are greed and stupid ones who use leverages and get liquidations.

With speculators or margin traders, you can not tell them to control their emotion.
2928  Economy / Service Announcements / Re: Need feedback for my new trading app on: May 20, 2021, 08:58:25 AM
Boards like Sevice Annoucements or Service Discussion is more appropriate for your topic.

If you like my idea, you can move your topic with the Move topic at the left corner. Look at the bottom, you will see it.
2929  Bitcoin / Bitcoin Discussion / Re: Fighting the FUD of PoW versus Po(Insert favorite word here)!! on: May 20, 2021, 05:20:11 AM
Chia coin does look interesting. Proof of Space, and a valid algorithm.
CHIA team also have a space-time ninjutsu and they used it to move the project from years ago to 2021 in the perfect hype period of market. Algorithms are valid, coins are valid but only their values are different.

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Will be fun to see what it does to the HDD and SSD markets.
Sames as Ethereum does with GPU markets and there are FUDs to keep people stay beyond the CHIA party.

Bitcoin consumes too much energy, not green. CHIA destroyes SSD and HDDs. Funny FUDs.

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DOGE is garbage.
Garbage sometimes has value of gold or diamond.
2930  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue on: May 20, 2021, 04:16:20 AM
BGL in Diamond hands! Cool
Diamond hands, please shill it to Elon.  Grin

That guy has big interest with hidden germ.

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Only 21M coins, one tier 1 exchange can move the market to ATH!
MXC exchange can be a good start as preparation for Tier 1 exchange. I witnessed many small cap hidden germs listed in MXC and then went directly to Tier 1 exchanges.

I saw the community manager, Emma contacted Whattomine and it is a good initiative. Miners will join more and make the network stronger, healthier. Things will come naturally.
2931  Economy / Trading Discussion / Re: $9 Billion worth trades got liquidated in last 24 hours. on: May 20, 2021, 04:11:38 AM
1. Use a tight stop loss: This is by far the most important advice and something you should have heard a lot of times. Never long/short from a point where stop loss can be so low that you won't be able to handle it. Don't be frightened with the small loss if you exit on stop loss you might get a very good chance to buy much below.
Stop loss orders can not help you yesterday. The market crashes and stop loss orders might be missed. Cascade effects will be triggered in crashes. Many big exchanges were down for a while and their bad operations only make the crashes worse.

Alternative for stop loss order is Stop limit order. It help you to have a range between the triggering price and a price you will cut loss. You are free to set that difference but the trigger price should be a strong support price. If it is broken, your stop limit orders will be activated.

Types of order
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Stop-Limit Order
What is a stop-limit order?
A stop-limit order is a conditional trade over a set timeframe with stop price and limit price features. A stop-limit order will be executed at a specified price after a given stop price has been reached. Once the stop price is reached, the stop-limit order becomes a limit order to buy or sell at the limit price or better.
2932  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue on: May 20, 2021, 04:05:03 AM
No, they can always buy as much as they want, the demand will increase, the price will rise. Hotbit has millions of volume, if there's really a demand then we would see that the trading volume of BGL will also increase. The thing is, BGL is still in the early stage and exchanges are not liquid enough to expect a huge volume, this also affects the decision of the traders.
Early stage, that is correct. If you actually install the Bitgesell wallet on your computer and sync it. You will notice in recent weeks, it takes more time to sync your wallet. If you sync its from genesis block, you will see the difference. It is possibly a signal for the network growth (not imply about network hashrate) and more transactions, adoption for Bitgesell.

Liquidity on exchanges, I believe we will see its growth more visibly. Buyers want to buy but want to bargain for cheap price. Sellers don't want to sell with low prices that they think as undervalued.

Sometimes, buyers and sellers will meet with each other in demand.  Cool
2933  Economy / Trading Discussion / Re: Failed in trade it's not joke. on: May 19, 2021, 06:29:01 AM
Until I learn little thing regards in trading , cause trade it's not a consistent it is just an analysis of us. Being a traders I'll become flexible and to be risk taker no matter what I've lost in my traded.
Traders don't have to be risk takers. If you are a good trader, you will manage risk of your orders. If you see big prob for risk rather than big prob for profit, you won't make your orders.

Every trader has to have loss in trading career but if you don't lose all your capital, you will be able to fix your mistakes.

Don't gamble and being a risk taker, if you bet and take risk, you will lose your capital. Believe me, your trading career won't end if you have capital but it will end instantly when you lose all capital.
2934  Alternate cryptocurrencies / Altcoin Discussion / Re: Mining chia network with HDD it true ? on: May 19, 2021, 06:08:41 AM
I agree they launched, but they were already long delayed, and this project is now from 2017, so its 5 years, I think they found a new finance source in late 2020, and rushed to main-net. The entire issue is the coin was pre-sold in CHINA as an IOU on chinese exchanges where it went from zero to $1600, before it was even launched ( may 5, 2021 )
You and no one will complain if $XCH has a price less than $1. Complains and FUDs are abundant because $XCH price is more than $1600.

Have you ever heard of Dfinity project that delayed their airdrop distributions for years. Weeks ago, Internet Computer (ICP) appeared on coinmarketcap with value is above $600.

Life is never fair for all. Follow whales and get money. Just don't join the party too late.

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CHIA-DEV doesn't even support pools, yet the chinese exchanges running the IOU scam, manage to cobble together real life chia-pools months ago.
Why developers have to support or own a mining pool?
2935  Alternate cryptocurrencies / Altcoin Discussion / Re: Mining chia network with HDD it true ? on: May 19, 2021, 04:24:12 AM
Any calculations you do with chia, you should count in the fact that CHIA mining destroys hard drives quickly. The fact that they are trying to market it as an eco friendly solution is just misleading. Also there should be warning labels all over the site saying this:
Techspot: Chia farming can reportedly ruin a 512GB SSD in 40 days
That article is to spread FUDs.

You will see how inaccurate that article is in next two or three months. $XCH will have bigger mining communities and SSD won't be destroyed after 40 days or longer a little. Time will prove that article is written to spread fuds and collect SSDs at cheaper cost.

Problem is chia is a scam, their plan is an IPO, the pools are non-existent except in China (HPOOL), and the dev-team for CHIA is hopeless as the code is full of bugs, terrible bugs. Remember they worked on this project  3-6 years, and then rushed to blockchain just a few weeks ago, so the only real testing just started now.
It is not a scam project but they chose good time to launch their main net. When the market is leading by Dogecoin, meme tokens and tweets of Elon, CHIA team took that chance and hype their coin. CHIA is not a first cryptocurrency that is mineable with hard drives but the biggest successful coin in this branch so far.

Launch at good time, good marketing and has a famous team member.

Products from that project are unknown but people have belief of good products in the future. The belief is reflected into the price.
2936  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue on: May 19, 2021, 02:33:34 AM
With this great initiative as I suggested long time ago, Emma have tried to contact Whattomine and I wish they will accept to list this coin on Whattomine soon.
Hi fredeq, whattomine.com is such a great website!
Could you please add Bitgesell (BGL) coin (Keccak algo)?
The thread is here just in case https://bitcointalk.org/index.php?topic=5238559
You have hotbit filter, it's on hotbit https://www.hotbit.io/exchange?symbol=BGL_BTC and DigiFinex https://www.digifinex.com/en-ww/trade/USDT/BGL

Hotbit exchange is back but I would prefer to recommend two exchanges for possible listing with their Listing Application Forms.
- MXC exchange
- Trade Ogre exchange
2937  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto and energy consumption on: May 18, 2021, 09:14:52 AM
Shouldn't we concentrate our efforts on using clean renewable energy, rather than restrict our use of it?
Miners already use renewable resources: hydro, wind and solar, from big to small mining farms. I agree that this environmental friendly mining is not popular and big enough but why so serious?

If coal supply is here, on this planet, people will use it for many use cases, from mining to other activities in society. The same source of coal will be used, burnt without Bitcoin mining.

When the supply of coal is less and the technology for renewable resources become more popular, feasible, people exclusively miners will use it more. Mining farms if possible can set up mix energy supply from coal and renewable resources for day and night time.
2938  Alternate cryptocurrencies / Altcoin Discussion / Re: Vitalik Buterin has burned 90%, Shiba Inu drops 40% on: May 18, 2021, 09:03:09 AM
Please don't connect Vitalik to Shiba Inu and his activities to donate $SHIB that was sent to his address by SHIBA INU team.

Do you think if Vitalik does not do anything (no donation, no burn), will $SHIB still drop?

It will drop without Vitalik because fast comes, fast goes. That is $SHIB. It will have some bounces for you to exit but if you are greed and blindly hope for Moon, you will hodl it and ignore all bounces. The ending is you will sell this shit token at bottom and miss many bounces to cut loss.

I disagree to call this action as a token burn. Vitalik simply donated it. Burn, who burn it?
2939  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue on: May 18, 2021, 08:57:59 AM
Hello all, i'm newbie for BitGesell. Can someone help me ?

I need to install my wallet, but it doesn't sync within hours. Please consider it, thanks so much
First, welcome to this topic and it is good to have one more participant as well as one more investor.

Second, let's try to config your console.
Windows to Console.
Type as follows
Code:
addnode 206.189.134.53:8454 add
addnode 139.59.213.193:8454 add
addnode 91.198.220.48:8454 add
addnode 193.122.150.155:8454 add
addnode 89.38.99.123:8454 add
addnode 23.111.202.71:8454 add
addnode 195.133.53.221:8454 add
addnode 212.71.233.254:8454 add
addnode 92.223.109.37:8454 add
addnode 157.245.111.90:8454 add

Close your wallet and re open it.
2940  Alternate cryptocurrencies / Altcoin Discussion / Re: $FELON - A coin created against Elon Musk on: May 18, 2021, 04:35:20 AM
Those scam teams create shit tokens to join the hype party. It is more easily for them to bind their token names with ELON and Dogecoin. It is not a random phenomenon on the market.

How many Bitcoin forks?
How many Ethereum forks?
How many shit meme tokens have been created with Dog and Elon in the names?

They will lose their values on the market quickly. How fast they rise will result in how fast they will drop.
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