Bitcoin Forum
June 13, 2024, 01:27:41 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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] 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 ... 645 »
3261  Economy / Services / Re: [Crypto.Games] ★ Signature Campaign ★ Hero - Legendary[Full] ★ on: February 20, 2022, 11:23:10 AM
Payments are on your accounts.

I'm confirming the payment. Thanks DogecoinMachine and Crypto.Games team! Cheesy
3262  Economy / Collectibles / Re: [SALE] 40mm x 3mm 30g Bitcoin Coin (loadable and customizable coin) on: February 19, 2022, 01:22:44 AM

That is a blank silver coin that could i use for a new batch.
Is that ok from your view, it is a little bit different from the main coin design.
From the price view, i have to calculate with ~ $129 - $149 (came from the silver price and have to shoot out some silver coins for testing)

The blank silver coin looks great. Depending on final price, I might be able to buy one of these. Will the logo on the front side of the coin be the same as the brass one? I'd be great to let the customer choose a custom BTC logo for an extra cost.  Smiley


Coin 21 for aoluain is shipped and the other coins have already arrived in the USA, hopefully it won't be long before they are delivered. UPS promise was 5-7 days until delivery, now it is already 25 days and not yet delivered... and that for a price of $20 up to $40, depending on the location in the USA for a realy small coin. I really don't think that's ok.

Yeah. 25 days is definitely a long time to wait for a small coin like this. For $40 that I've paid for shipping, it's a disappointment. It seems that the package is stuck in a warehouse in USA, as tracking status hasn't been updated for quite some time. I'm still patient, hoping the coin will arrive safely as described by next week.  Undecided
3263  Bitcoin / Bitcoin Discussion / Re: What do you think will happen to the price when all the bitcoins are mined? on: February 19, 2022, 01:17:26 AM
The total BTC number limited to 21mln. and the last bitcoin will be mined no earlier than 2140 years. But something tells me that no one living today will see this moment. Therefore, what's the difference, what will be the price after all BTC have been mined.

It is difficult to make such forecasts, because the world has been changing very rapidly lately. It is also necessary to take into account many different factors. For example, what place in the world economy will take bitcoin. This will directly affect the price.

If try to predict, then I think bitcoim price will rise, as it has been up to now all the time. This should be affected by the fact that this asset can no longer be mined.

Exactly. Neither of us will be alive by the time all 21 million coins are mined. Anything can happen within 118 years from now. If all goes well, Bitcoin can be worth a lot more than what it is right now. You won't be able to reap the benefits of a high-priced Bitcoin in the future, but your descendants will. No one can tell if Bitcoin will get that far due to its widely-unpredictable nature. Either Bitcoin will survive for generations or fade away into oblivion.

What matters is how Bitcoin is doing right now. We should take every opportunity possible to profit from it before it's too late. As long as it stays decentralized, there should be nothing to worry about. Just my opinion Smiley
3264  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will 2022 be the year of ETH 2.0? on: February 19, 2022, 01:10:13 AM
I think if ‘noobs’ got themselves into using ETH, they could learn how to use L2 just by spending an hour with it.  It’s really easy.  It uses the same wallets as if you’re at L1.

And I wouldn’t say that the number of projects running on L2 are ‘quite small’.  There are lots of projects that have gone either multi chain or are running in L1 and L2 simultaneously.  I’m also not saying that ETH shouldn’t do the switch and that it should just depend totally on L2’s for scaling.  I’m just saying it’s a good compromise while the merge to the beacon chain hasn’t happened yet.

The only problem with L2 is that it requires users to pay a gas fee on the main Ethereum blockchain. So even while TXs may seem to be dirt-cheap or free at times, you'll still end up paying a high gas fee to convert your ETH to the L2's token. I had that experience when using Polygon's bridge to convert ETH to MATIC just to enjoy Polygon's benefits. It's the same with Bitcoin's Lightning Network where you'd need to pay an on-chain fee to open and/or close a channel (even though TXs are nearly free after that). By scaling the main chain itself, we could avoid this problem.

Luckily, there are other alternative chains that are much easier and cheaper to use than L2 scaling solutions. As long as people have the option to pay less fees, nothing else matters. Fingers crossed the ETH PoS upgrade will become a reality this year. Just my thoughts Grin
3265  Alternate cryptocurrencies / Altcoin Discussion / Re: Will competitors defeat ETH due to ever-increasing gas fees? on: February 19, 2022, 01:02:27 AM
The longer Ethereum's updates will take, the fewer users it will have.  I am surprised it has not lost momentum yet after so many months of high fees.  Who is still using Ethereum on-chain at this point?  The average user will not afford to pay the fees you get to pay for a basic transaction.

-
Regards,
PrivacyG

Whales may be the only ones that will end up using Ethereum in the long run, as gas fees become too high to bear. The average person will be forced to use an alternative chain or a Layer-Two scaling solution (which brings friction) in order to save as much money from fees as possible. There's a reason why the competition gained traction over the past few years. If ETH fees weren't that high, competing chains wouldn't be within the top ranks in market cap today.

ETH developers should focus more on remediating the issue within the short term instead of stalling the public with the PoS upgrade. It's been years since PoS was announced, yet it's the day where it hasn't materialized. There are rumors that ETH will switch to PoS this year, but there's nothing stopping developers from delaying the upgrade again. People are getting tired of these "games" so the longer it takes for ETH to scale, the faster it'll reach its demise. Who knows what will be of ETH in the future? Just my opinion Smiley
3266  Economy / Economics / Re: US could run out of cash as soon as Dec. 15, Janet Yellen warns on: February 19, 2022, 12:57:16 AM
The government running out of money? Impossible! Just print more!  Grin

I imagine they'll do some manipulation to "solve" this if they don't outright let the printers go brrr again. Or they just might let that inflation skyrocket and then resolve it by creating a new currency, similarly to how Brazil's Real came to be. Perfect time to launch a digital fiat, I would say.

Exactly. The government will never run out of money as long as it controls its supply. It's just as easy as "pushing the button" to print more bills and put them in circulation. If there's too much inflation, the central bank can simply create a new currency from the ground up. Just like you said, this might be the perfect time to launch digital Fiat. Only the debasement of existing Fiat currencies will lead us towards a cashless society faster than we could've ever imagined.

With the US Dollar still positioning itself as the reserve currency of the world, it's unlikely the American economy will collapse in its entirety anytime soon. Just my thoughts Grin
3267  Bitcoin / Bitcoin Discussion / Re: People claiming themself satoshi on: February 19, 2022, 12:52:05 AM
Maybe it can happen, but I don't know the truth either. If he died maybe he was an extraordinary person, he had a broad view of the future.
For scammers how stupid they are, they don't think the effects will have. I'm not curious about Satoshi myself, but I feel lucky to know and have the currency technology he created. Even today I will still support satoshi to remain anonymous. There were many negative effects that could possibly be caused if he could properly prove his recognition as Satoshi.

It's not about Satoshi, but rather about Bitcoin's underlying blockchain technology. People pretending to be the real Satoshi are only doing it for fame and fortune. We should focus more on improving Bitcoin than just trying to find out who Satoshi is or ever was. For what I know, we are all Satoshi as the network is entirely governed by its users. There's a reason why Satoshi wanted to distance himself from Bitcoin in the first place. That was to keep the cryptocurrency decentralized. Otherwise, he would've revealed his true identity just like Ethereum creator Vitalik Buterin did. Bitcoin's been doing fine without Satoshi, so it's best if things stay the same way as they are right now for the good of the project. Just my opinion Smiley
3268  Bitcoin / Bitcoin Discussion / Re: Russia's approval of BTC on: February 19, 2022, 12:47:15 AM
The government and the central bank in Russia have now reached an agreement on how to regulate cryptocurrencies. Meanwhile, the Russian government and the central bank are also currently working on a bill that would define crypto as an 'analog currency' rather than a digital financial asset, and will start rolling out on February 18th.  this cryptocurrency will function in every legal industry if it has complete identification through a banking system or a licensed intermediary. According to Kommersant, Bitcoin transactions and cryptocurrency holdings in Russia are not prohibited. However, this must be done through a peer-to-peer exchange that has been licensed in Russia.

At least, the Russian government is thinking clearly. Not like China which decided to reject innovation in the financial sector. It'll be left behind in the dust as other countries take the lead in the adoption of crypto/Blockchain tech. I believe Russia's approval of BTC is good news to Russian citizens. They can now trade and acquire Bitcoin freely without restrictions. Not to mention, that the Russian government will benefit a lot by collecting taxes from crypto operations.

With crypto-friendly regulations, Bitcoin will only grow bigger and stronger than ever. Who knows if we're much closer to "hyperbitcoinization" than we've previously imagined? Just my thoughts Grin
3269  Alternate cryptocurrencies / Altcoin Discussion / Re: Dogecoin - a joke or a way to make money? on: February 19, 2022, 12:42:09 AM
I agree with you, but as long as there is someone as influential as Elon Musk, who keeps indirectly promoting Doge and bringing it into people's focus, as long as Doge will be one of the top projects. The only question is when Elon will lose interest in Doge. Then, at the latest, I would sell all my Doge, if I had any.

I don't think Elon Musk will lose interest in Doge while crypto is still the "hottest" topic in the mainstream world. As long as there's money to be made, you can expect further "shilling" by this prominent figure. It really doesn't matter since people are the ones who truly dictate a cryptocurrency's price. Dogecoin was originally created as a joke, but some people use it as a means to make money. As long as there's a market for DOGE, it's possible to make money from it during its ups and downs.

Ultimately, crypto is all about utility. If Dogecoin remains a useful cryptocurrency, it will survive for a long time. Otherwise, it'll fade into oblivion. With better coins being traded on the market, Dogecoin's rise to glory may not last for long. Just my opinion Smiley
3270  Bitcoin / Bitcoin Discussion / Re: Who is really controlling the Bitcoin market. on: February 19, 2022, 12:37:11 AM
First of all, india has not legalized bitcoin. They have only proposed a law that is not yet implemented. Both India and china do not control the bitcoin market. A country that has the biggest bitcoin mining farms does not mean that they are controlling the bitcoins.

Practically no one can control this bitcoin market. It's all decentralized with no one in the power to control it.

Exactly. Just because some countries have big mining farms doesn't mean that they control the entire crypto market. There are a lot of players involved, each looking for their own benefit. Whales and big exchanges are the ones who control the market the most. That, and also the fact that mainstream events can have either a positive or negative impact over Bitcoin's price.

All in all, I wouldn't worry much about the price, since it's all driven by speculation. With the ability to trade Bitcoin "over the counter" and through decentralized exchanges, it may be impossible to control or manipulate the entire market. Only centralized exchanges are easy to manipulate because of their single points of failure. Bitcoin is truly about decentralizing finance, so as long as it does the job well, nothing else matters. Just my thoughts Grin
3271  Economy / Speculation / Re: Crypto will rival or replace fiat in 10 years? on: February 19, 2022, 12:32:26 AM
We already proved that BTCitcoin is the most powerful tool against censorship and resistance from the government. If a government targets you by freezing the funds you move to BTCitcoin and there is nothing they can do if you are using non custodial wallets. Financial freedom can be achieved if it is used for global trade, if you are able to trade on a global scale without borders then you achieve financial freedom.

Exactly. Bitcoin is all we need to achieve financial freedom. It doesn't need to replace Fiat to achieve its purpose. I'm fine with Bitcoin and other cryptocurrencies being an alternative to the current banking system as long as they work as intended. A lot of things can happen in a decade as the world moves at a very fast pace. In crypto land, 10 years is like a century, so I'm guessing the whole space will be much bigger and stronger than what it is right now. Perhaps, Bitcoin and Ethereum will solve their scalability issues, reaching millions (if not billions) of users worldwide.

As long as decentralization is prioritized, crypto will be able to live alongside Fiat for generations. Just my opinion Smiley
3272  Alternate cryptocurrencies / Altcoin Discussion / Re: 🤔 Personal thoughts about Tron Blockchain on: February 19, 2022, 12:25:34 AM
I smell hate a mile away on your comment. Tron is a decent blockchain with solid dapps, resources and features that mediocre blockchain don't. They have a side chain which is good for scalability purposes. I believe this comment should go to Cardano instead of Tron since Tron  blockchain is running smoothly for more than a year. The only thing I hate about this project was it's centralized too Justin Sun. So this blockchain can be easily taken down in case those validators under Sun ownership will gonna shut down.

Tron foundation too is draining too much money from TRX treasury on things that didn't have connection with Tron.

From a technological standpoint, TRON exceeds far beyond our expectations. However, the Blockchain itself is somewhat centralized. Now that Justin Sun left the project, it'll be hard to imagine how TRON will be able to survive on its own. The community needs to focus on decentralization, else the project will be destined to failure. If only mainstream developers paid attention to TRON, the cryptocurrency would've been among the top players on the market right now. Dirt-cheap fees and blazing-fast confirmation times makes TRON the ideal smart contract platform for "De-Fi".

There isn't much demand for the coin right now, so investing into it for the long-term would be nothing more than a risky move. Who knows what would be of the TRON project in the future? Just my thoughts Grin
3273  Bitcoin / Bitcoin Discussion / Re: Who is really controlling the Bitcoin market. on: February 17, 2022, 12:03:02 PM
In theory, this is true that bitcoin is only controlled by the users. This is completely a game of demand and supply. The more there is demand, the more high the price of bitcoin because its supply is limited.

However, in reality, there are big whales, investors and exchanges who manipulate the market as they have a lot of bitcoin to sell and then rebuy and in this way, they keep on increasing their holdings and retailers are the ones who lose money by this manipulation.

Big whales and exchanges are the only ones who truly control the market. If it wasn't by that, Bitcoin's price wouldn't be as volatile as it is right now. As it's said in the real world: "Money Talks". When there's money to be made, you can expect the unexpected. I'd focus more on how Bitcoin can change our lives for the better than just looking at price charts everyday. After all, crypto is about utility. Not a means to make you rich quick.

Remember, 1 Bitcoin = 1 Bitcoin no matter what. It doesn't matter who controls the market as long as the underlying blockchain network remains decentralized. Hopefully, the market will stabilize after regulators come into play. Just my opinion Smiley
3274  Economy / Economics / Re: US could run out of cash as soon as Dec. 15, Janet Yellen warns on: February 17, 2022, 11:57:43 AM
FIAT collapsing completely? I don't think so. This isn't the first time that FIAT currencies like the dollar have faced these kind of issues and they have successfully endured no matter what which will most likely never change.

BTC becoming the standard payment method is just wishful thinking. It will continue to co-exist with FIAT currencies and won't completely replace them in my opinion.

Good point. After all, Fiat is strongly manipulated by governments and central banks. In the case of the US Dollar, the FED can simply print more money to "solve" the problem. Inflation will rise, but that's something inevitable. For Fiat to truly disappear (or collapse), banks need to fail altogether. But again, that's very unlikely to happen because of the reasons mentioned previously. With talks about launching a "digital dollar", it seems to me that America's currency won't be going anywhere soon.

At least, there's an alternative financial system which empowers people to be their own bank. If we didn't had Bitcoin in the first place, we would've been "stuck" with centralized Fiat. Hopefully, the US economy will recover after the end of the COVID-19 pandemic. Just my thoughts Grin
3275  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Your Expectation About Polygon (MATIC) Token for 2022 on: February 17, 2022, 11:49:08 AM
If you trust your instinct and believe that, this coin will give you good benefits,

It's true that this kind of situation where the market is in red is the good time to take your shot buying and holding this asset,
we don't know what future is waiting for Matic but with how the progress shown there's a big chance that this coin will earn
more support from new developers and investors. It's up to you if you will divert a portion of your capital to this asset or you
will go all in while waiting for the bull.

MATIC is just a hidden gem waiting to blossom someday. It looks like most people haven't recognized its true benefits yet, since there hasn't been much price action on the market. Of course, the bearish market has something to do with this. But I think MATIC could've been worth a little more if demand for the token was as its highest.

Believe me, the experience with MATIC is far beyond compare. Transactions are blazing fast while fees are ridiculously cheap. If all goes well, 2022 might end up to be a good year for the project. How far will MATIC go will greatly depend upon the rules of supply and demand. I have no hurry in seeing MATIC being worth double-digits as long as it works as intended. The crypto market is widely unpredictable so the best we can do is buy, "hodl", and wait for the right time to sell for profit. Just my opinion Smiley
3276  Alternate cryptocurrencies / Altcoin Discussion / Re: Will competitors defeat ETH due to ever-increasing gas fees? on: February 17, 2022, 11:43:38 AM
Unfortunately (and I say unfortunately because I like other coins too) ETH is not only there because of the first mover advantage. It is there because projects still prefer ETH and mainly ERC20 to be published. That is the big reason why ETH is still at second spot. Doesn't mean that it will never lose that position, we have seen plenty of projects lose that position but that doesn't change the fact that we are talking about something that is totally different reasoning then people expect.

As long as new projects keep getting listed in ETH and they keep getting popular, other projects will want to get listed there to be popular as well and that is the main reason why it is second. If projects slowly start to get listed in other networks, which already started but not growing fast enough, then we will see ETH getting to a lower rank one day.

Most projects prefer ETH because it's the oldest smart contract platform in the world. With a solid ecosystem of dApps, tokens, and services around it, ETH is too hard to ignore by mainstream developers and individuals alike. I guess no competitor can beat Ethereum no matter how fast and cheap they claim to be. Decentralization and censorship-resistance is what matters above all else. With ETH's PoS upgrade on the way, the main Ethereum blockchain will only become better over time. This will greatly solidify ETH's position on the market.

At least, gas fees won't remain high on ETH forever. Things would've been worse if fees kept rising without no indication of going down soon. As long as developers establish a balance between scalability and decentralization, there should be nothing to worry about. Just my thoughts Grin
3277  Bitcoin / Bitcoin Discussion / Re: Russia's approval of BTC on: February 17, 2022, 11:38:56 AM
I do believe that crypto mining is going to benefit the economy of Russia. as lots of cryptomining Companies continues to move to Russia as their next location since they have been banned from operating in other locations such as China, I believe that it is really going to make an impact and will help the economy to keep growing in the country.

I wouldn’t really say the same of cryptocurrency itself, but the business of crypto mining is something that is worth mentioning, because I know for sure it would make an impact. So, they have really made a good decision by considering cryptocurrency and crypto mining legal in their country.

Of course. Crypto mining can bring huge taxation benefits to the government. China may've reluctantly rejected Bitcoin, but other countries are opening their doors to the "crypto revolution" in order to avoid being left behind in the dust. Russia knows how important Blockchain technology is in today's society and what better way to embrace its benefits by approving Bitcoin for legal use?

If I'm not mistaken, Russia is already the second-largest Bitcoin mining hub in the world. The Russian government can simply tax miners themselves in order to get a piece of the pie. We need as much countries into Bitcoin as possible in order to accelerate "hyperbitcoinization". Ultimately, Bitcoin will survive with or without Russia's support. That's because of its decentralized and censorship-resistant design. If it wasn't that way, it would've died after China decided to do a "full blanket" mining ban. Let's see how the situation further develops with Russia's adoption of Bitcoin, as US sanctions put strong pressure on its economy. Just my thoughts Grin
3278  Economy / Collectibles / Re: [SALE] 40mm x 3mm 30g Bitcoin Coin (loadable and customizable coin) on: February 16, 2022, 01:02:57 AM
Yes it is my plan, in german section some user request also a solid 999 1OZ silver coin, but at the moment i havent a dealer for silver coins in germany.
does anyone know a seller who has blank silver coins in 999 quality 1OZ ~ 40mm x 3mm size?
if i have silver coins i could after the batch 2 is sold, create a new batch 3 made in pure 999 silver. how many user are interested in silver?

I'd be interested in a silver coin. But that would depend on the price. A silver coin with 24k gold highlights would be a plus. May I also suggest adding a COA (Certificate of Authenticity)?  Roll Eyes

Anyhow, it's nice to see you sorted out the shipping issue with UPS. It should only be a matter of time before I get my brass coin. After that, I will leave a review on this thread. I hope you continue making personalized Bitcoin collectible coins for the good of this community.  Smiley
3279  Economy / Collectibles / Re: What Was Your First Bitcoin Collectible? on: February 16, 2022, 12:47:13 AM
My first Bitcoin collectible was a white poker chip from BTCC Mint loaded with 0.001 BTC. I've bought it on eBay for just $13.99. That was 5 years ago.

After I got my first "physical" Bitcoin, I went down the rabbit hole by adding more coins to my collection. It's now 2022 and I'm still buying like crazy. Tongue
3280  Economy / Collectibles / Re: [Group Buy] Polymerbit "The Crypto Whale" 4 note series closes 2/18/2022 on: February 16, 2022, 12:38:36 AM
I would like to reserve one (x1) set. Thanks, Mopar! Cheesy
Pages: « 1 ... 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] 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 ... 645 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!