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3201  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: "Decentralized' exchange Uniswap starts blocking token access on: July 26, 2021, 11:31:49 PM
Sounds like you aren't angry with centralization but them banning something or working with the regulators. (imho that was a good choice)
What I don't like is the hypocritical approach. If they claim to be decentralized, then they should act like they are decentralized. I don't care about centralized exchanges because it's in black and white that they are centralized.

If you try to DAO the coding process somehow to make it more decentralized, would quickly goes to shit because most people voting for the changes can't code and their votes would be easily manipulated by popularists.

This has more to do with the users that have decided to use the code instead of some other code. As i said, it's their site but no one is forcing anyone to use it, people just rather use it then their rivals.
So what's the use of their governance if it can't even help with the decision making?

Yes the exchange may have owners but without a community that came in with the belief that Uniswap is a decentralized exchange and had a DAO governance model in place. They would be nothing
3202  Bitcoin / Bitcoin Discussion / The other thing getting "halved" every 4 years are the critics and nonbelievers. on: July 26, 2021, 11:00:01 PM
While the Bitcoin block mining rewards are halved every 210,000 Blocks (~4 years). A number of critics also tends to get "halved" during the course of the 4 years  Grin

I remember in 2017 when I officially started using Bitcoin. There was one Individual and bank name I recall that kept popping up in the crypto news sites. Always criticizing Bitcoin, Jamie Dimon, CEO of JP Morgan


Link: https://www.reuters.com/article/legal-us-usa-banks-conference-jpmorgan-idUSKCN1BN2PN

Quotes by Jamie Dimon
Quote
1. “The currency isn’t going to work. You can’t have a business where people can invent a currency out of thin air and think that people who are buying it are really smart.”

2. Dimon said that if any JPMorgan traders were trading the crypto-currency, “I would fire them in a second, for two reasons: It is against our rules and they are stupid, and both are dangerous.”

3. “It is worse than tulips bulbs,” Dimon said, referring to a famous market bubble from the 1600s.

4.“Don’t ask me to short it. It could be at $20,000 before this happens, but it will eventually blow up.

5. “Honestly, I am just shocked that anyone can’t see it for what it is.

4 years later...



Link: https://www.reuters.com/business/finance/jpmorgan-give-all-wealth-clients-access-crypto-funds-business-insider-2021-07-
3203  Other / Beginners & Help / Re: List of useful Bitcoin block explorers on: July 26, 2021, 01:34:19 AM
The explorer was changed for a while, weeks ago.

Honestly, I don't like the new UI of the explorer. They don't show all length of addresses in one transaction (your screenshot shows it as well). It is inconvenient if you want to find any address in one txhash.

I would prefer the previous UI than the newest one. It looks to be too colorful and inconvenience.
I thought I was the only one having a disliking for the new IU. It's quite confusing and not as user friendly as the old one. This has forced me to look for and use alternative block explorers likes Blockchain.com which i even never liked initially.

How I wish such projects would carry out a community vote before rolling a  new update  Cry
3204  Other / Off-topic / When is a woman likely to be horniest in here period cycle? on: July 26, 2021, 12:31:51 AM
I know is sounds a crazy question especially here on Bitcointalk but hear me out since this is off-topic  Cheesy

Got a close friend who's a lady who seems to be completely shut-off during most of the days then suddenly on certain days, she surprises me with the way she behaves (seductive and horny) It confuses me sometimes thinking it could be a trap  Grin

So I would like to understand if there are any ladies here or folks who know a little more about ladies, When is the lady horniest? I understand they have complicated hormones and shit. This particular friend of mine told me she had period cramps about 2 weeks ago and today she was crazy as hell  Shocked and it's been a similar pattern even before.
3205  Economy / Trading Discussion / Re: They say buy the dips...but how do you know the dip has bottomed out? on: July 25, 2021, 11:58:56 PM
If you are a short term trader, the dip is subjective. It's hard to notice one but support levels can sometimes help. The Fibonacci retracement tool can help you determine the resistance and support levels depending on the time frame you are using.

Please note that even on the resistance and support levels. The price can still break out. So always make sure you have your stop losses on, just in case.
3206  Bitcoin / Bitcoin Discussion / Re: 2.66 BTC fee for one transaction on: July 25, 2021, 11:53:55 PM
Based on that transaction it has a large number of outputs including small BTC so I think whoever made it doesn't know how to consolidate the transaction.
He sent only 0.01088549BTC why he didn't just choose one output with that amount to send and pay the fee less than the fee from this transaction. It has 750+ outputs which is one of the reasons why he pays a large fee just to send a small amount.

I'm sure this is a newbie he doesn't know how to consolidate the transaction to get less transaction fee in the future.
But the guy's transaction was at a fee rate of 5,187.2 sat/vByte. Sincerely even if it was a newbie, What Kind of evil wallet suggests 5,187.2 sat/vByte as the fee rate for the transaction to be confirmed in the next block?  Shocked  400 or 500 sat/vbyte would be understandable even in times of high fee rates but 5K+?  Damn!
3207  Economy / Service Discussion / Re: Overview of Bitcointalk Signature-Ad Campaigns [Last update: 21-July-21] on: July 25, 2021, 11:36:17 PM
Roobet signature campaign has one open senior member slot. Those looking to join the campaign, apply as soon as possible  Smiley

We have 1x Sr. Member position open, apply now!
3208  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: "Decentralized' exchange Uniswap starts blocking token access on: July 25, 2021, 11:26:26 PM
I think if they implement KYC then it is not compatible with decentralized system. However, if you delete tokens that are not in accordance with the provisions, then this will have a positive effect. Because too many shitcoins rely on swap exchanges to promote their coins.
That's the price pay in decentralization. Look at Bitcoin, there have been some scammers using the network to defraud other but it doesn't meant that the network should the censorship approach just because a few careless chaps got scammed. Your money is your responsibility. If you go on buying shitcoins, then that's you problem, not Uniswap's

Well trading still is decentralized, just not the way people understand "decentralized". They write the code, they get it audited, they can do what they want with it.
"Trading is decentralized but the code ain't, but anyways let's call it a decentralized exchange to excite the average Joes" Good job uniswap devs

A website cannot be truly decentralized effectively. The magic that makes it all work behind the scenes can be decentralized.
You as an average trader, What do you use to access Uniswap?
3209  Other / Beginners & Help / [Scam Alert] Beware of Airdrops that will drain tokens out of your address. on: July 25, 2021, 12:43:15 AM
Some hours back, there are users who have lost funds due to a scam airdrop that exploits Thorchain's code base

In this sort of attack the hacker airdrops the malicious tokens to several addresses of the would be victims. In this case the malicious token that was airdropped was UNI Holding (UniH) tokens

Once the victim tries to authorize the airdropped token in order to exchange it, the victim’s address instantly gets drain off other tokens if they available in the same address. In other words, the hacker will transmit tokens from your wallet to his address without needing any private keys or seeds.

Around 2,500 ETH was lost due to the attack
Some traders also lost RUNE tokens

Ways to avoid Airdrop scam losses

1. Avoid participating in airdrops at all and giving out your sensitive details like email addresses and wallet addresses.

2. If you must, use fresh address for each airdrop and token.

3. If you receive a questionable token in you address yet you never participated in any airdrop program, abandon the address and move your tokens to a fresh one. Do not move the suspicious token to an exchange and try to exchange it with the other tokens still in the wallet.

4. Avoid shit projects. Do due diligence.




Links for more details:
- https://www.runebase.org/news/thorchain-suffers-exploit
- https://www.cryptoknowmics.com/news/scam-alert-after-approval-of-this-airdrop-cryptocurrency-wallets-deflate
- https://twitter.com/THORmaximalist
3210  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bitpay help. How do I add additional coins after already creating a wallet on t on: July 24, 2021, 11:59:14 PM
When your were creating your wallet. Did you sign up using your email or you used the ordinary method that requires you to back up your wallet. If you used the later option then this can be a solution.

1. Open your wallet.
2. Click on the settings button on the bottom right.
3. Scroll to the part you see key (2 wallets) then click on it
4. You will see the 2 wallets you created. Bitcoin and XRP. Click on create new wallet.
5. In the next window click on Simple wallet
6. Since USDC is on Ethereum Blockchain, under select currency Select Ethereum
7. And then in the next window select create. Congratulations you have created your Ethereum wallet
8. Repeat 2 to 6 to create your USDC wallet under the created Ethereum wallet

Make sure you backup your wallet.
3211  Alternate cryptocurrencies / Service Discussion (Altcoins) / "Decentralized' exchange Uniswap starts blocking token access on: July 24, 2021, 11:35:27 PM
So yesterday uniswap developers just woke and and decided to block access to certain tokens in their exchange. If the self proclaimed "decentralized" exchange can just change their goal posts in an instant and censored certain tokens, What are the chances that if the likes of SEC come knocking, they will bend down to pressure start demanding for KYC from traders  Grin

Here's a snippet of what they said

Quote
To continue to innovate and provide this tool for the Uniswap community, we monitor the evolving regulatory landscape. Today, consistent with actions taken by other DeFi interfaces, we have taken the decision to restrict access to certain tokens through app.uniswap.org. These tokens have always represented a very small portion of overall volume on the Uniswap Protocol

Laughable, isn't it?

This just goes to show that all this so-called smart contract based "Decentralized exchanges' aren't actually decentralized. They can be stopped in an instant.
3212  Economy / Exchanges / Re: How can you "neutralize" your bitmex-wallet when youre out of the market. on: July 24, 2021, 10:46:11 PM
With order book that changes so fast it is hard to always be a maker. Sometimes you will be a maker, sometimes taker.
Not if you make a Post only limit order. If there's any sudden change in the price, your order won't be executed as a taker. If that option is disabled. you will end up being a taker at times.

Quote
Especially that every triggered stop-loss order will for sure be a taker order.
Stop loss orders end up as taker order.
Stop limit orders end up as marker order. I have used stop limit order sometimes. I don't know if this option is available in Binance futures.

Quote
So if you are 50% taker 50% maker you pay 0.025% on average vs 0.03% on biannce. But binance has fee reduction for BNB hodlers and vip program which may push this on favour of binance.
Don't even talk about the Binance VIP program. It useless and only favors whales

Here are the lowest tiers for futures traders

3213  Other / Archival / Re: Exchange Graveyard in 2021 on: July 24, 2021, 08:12:52 AM
Of the list, I have only heard of Eterbase. I remember this was widely promoted here on the forum. I am a bit surprised how short-lived it was. Perhaps they weren't able to create a strong community even in their own country, Slovakia.
I never get surprised about projects especially exchange that create ERC20 tokens and then head over to the bounty section to promote themselves. They don't last long.

They got hacked late last year and crypto worth $5.4M was stolen. For a small exchange I guess the hack took a toll on them

Since April, this is the message you can see on the website when you try to access it. Similar pattern to the livecoin saga


https://www.eterbase.com/announcement/eterbase-paused-operations/
3214  Economy / Exchanges / Re: How can you "neutralize" your bitmex-wallet when youre out of the market. on: July 24, 2021, 07:35:28 AM
Best would be to use Binance. Super low fees,
This is not entirely accurate though. It depends on the type of order one makes in an exchange. If one is a market maker, Binance charge an average of 0.02%
Exchange like Bitmex, phemex and Bybit, Kraken instead charge (-0.025%) meaning they actually pay the market markers something. In this instance Binance fees would be expensive

If one is a taker, Binance charge an average of 0.04%, while the exchanges i have listed charge around 0.075% which would make Binance slightly cheaper.
3215  Alternate cryptocurrencies / Mining (Altcoins) / Re: Helium hotspot miner can't work in Africa? on: July 24, 2021, 05:40:59 AM
are you talking about this one ? https://www.helium.com/mine
it's my first time hearing mining is limited to specific regions. according to their website, they only support america right now so i guess your friend is telling the truth. it's probably not because the hardware can't run in africa, but the company decide to limit the users near their area first for various reasons.
It's the hotspot infrastructure that lacking in those other regions so far but with time as people buy hotspot devices and set them up across the continents, there will be widespread coverage which will encourage more people to buy the devices.

As of now the US, Europe and some parts of China seem to have a high concentration of hotspots with Africa and South America yet to catch up but I do see some small hotspot dots in the continents as well according to https://explorer.helium.com

It's just a matter of time.
3216  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: bicointalk signatures on: July 24, 2021, 04:57:20 AM
Bitcointalk signatures provide a form of advertisement and exposure for different projects and services among the community members and the guests that visit the forum from time to time.

So If you project or service is of interest, people will get to know about it and access it through the signature links. I think the reason this kind of advertisement is common around the forum is because;

1. It cheaper compared to other forms of advertisments
2. Targets the right audience. If you service is crypto related, there's no better place to advertise than this forum
3217  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: you are interested low market cap coins that ? on: July 24, 2021, 04:31:41 AM
There are many. but what I really invested in was only a few.
The low market cap coin to i'm invest in this tokens.
Banana (ape swaap)
ClVA (Clever Defi)
SFound (seedify found
EOS
Trust me, after the bear market, most of the prices of the tokens you listed here won't do well or will just die. The only capable coin is EOS though I wouldn't invest much on it. Remember NEO?

It was exactly how EOS was a couple of year back but look where it is right now.


for now my portfolio is more dominated by big coins like bitcoin, ethereum and BNB. because nowadays it is safer to invest short term. daily trading is better at this time, although the profit earned is small but we can continue to monitor the market and minimize risk
It's safer to invest in Bitcoin and Ether long term on spot trading, lately the market has been on a down trend. I don't think you will make any much profits like some who waited for the prefect time to buy the dip and then held the coins long term.
3218  Economy / Trading Discussion / Re: [GUIDE] create your TA Indicators {TradingView} on: July 22, 2021, 02:28:54 AM
I have been seeing the pine editor on tradingview but I wasn't sure how it works and I don't know any of those programming languages which brings me to a couple of questions.

1. What does it take to learn pine scripting language? Any other Knowledge requirements one needs like knowing Java script, Python etc?
2. How long can it take for one to learn pine script language?
3219  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Will Government's Stablecoin be listed on Exchanges? on: July 22, 2021, 01:08:18 AM
I wanted to ask if exchanges like Binance will include CBDC stalecoins in their market and what will happen to the prices?

If they can support fiat deposits, withdrawal and trading pairs, then why not CBDC's?
Obviously will try to "make the price stable' just like their fiat currencies

Quote
Do you think the government will print more of these CBDC coins and buy all the BTC?
Not possible. Not everyone will sell their Bitcoins.

We have seen some wallets that haven't moved a single satoshi for over 9 years

Quote
And will you as a trader use the CBDC coin?
CBDC's and cryptocurrencies will have to coexist just like you have seen fiats and crypto. So why not?

3220  Bitcoin / Bitcoin Discussion / Re: The Crypto bans are temporary, we are on the right side of history. on: July 22, 2021, 12:04:36 AM
While this can be comparable but i believe Crypto is far different from telephone/internet banning because this involves financial usages and not just service .
Means if ever this will be adopted then the economy is more prone from anything more than just the internet and telephone .
It's always about money (finance) and control mate and not service as you think. The move to ban the internet phone software was because the traditional American carrier telecommunication companies thought they were going to be pushed out of the market due to what they called unfair competition. This is what is exactly happening with Banks, traditional payment systems and Cryptocurrencies right now.
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