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3421  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Buying USDT on: May 25, 2021, 10:48:59 PM
You haven't told us your payment method for the purchase. Bitcoin? Paypal? Skrill?

It would also be nice if mentioned your payment terms such as the rates you would like to base on for the trade and transaction fees. Would you cater for them?
3422  Economy / Exchanges / Re: BTC/Western union Localbitcoin on: May 25, 2021, 10:38:56 PM
You're not going to be able to use a DEX - that's simply not how they work. DEX's host only tokens that are native to their platform and do not accept any fiat based payments (unless they are stablecoins).
Really?
I bet you are mistaken into thinking that DEXes (Decentralized Exchanges) are only the common exchanges using Ethereum or Binance smart chain "centralized" smart contracts that you see every day like Uniswap, panicake swap, sushiswap etc

Well we do have DEXes where traders use fiat to trade as well. They are p2p DEXes like bisq, localcryptos, hodlhodl etc, so your statement is not true



Western union and localbitcoins are safe as long as you follow guided. Do not release crypto unless you have received payment. Also when using Western Union to receive payments, make sure you provide the correct required details to your trading partner. Localbitcoins suck thought, due to their strict KYC.
3423  Bitcoin / Bitcoin Discussion / Weird Bitcoin address (1111111111111111111114oLvT2) on: May 25, 2021, 07:58:35 PM
I bumped on a weird Bitcoin address today and when I checked it through Blockchair explorer (https://blockchair.com/bitcoin/address/1111111111111111111114oLvT2), I couldn't help but wonder what's going on. The address started receiving transactions from 2010 and It's still receiving them to this date. No out going transactions ever. The total number of BTC it has received so far is 197 Bitcoins. Almost every hour, People still keep sending the address BTC and it's not just dust amounts. We are talking about 0.004 - 0.006 BTC

So my questions are;
1. Is this Bitcoin address valid and do you think it has a private key?
2. How does one create such a bitcoin address if it's possible?
3. Why are people still sending Bitcoins to it, almost every hour? Is there any purpose of those incoming transactions?
3424  Economy / Trading Discussion / Re: WHAT HAPPENED? I went into the hospital cam out AND.... on: May 25, 2021, 07:24:21 PM
So you expected to make only gain minus any price drops?corrections?  Grin

You have been in this forum since 2017, so I believe you should be knowing the volatile nature of the crypto market by now. Not putting a stop loss is a very big mistake in your trades. It could have been worse, You would have woken up when your portfolio was down by more 50% any day. Just check what happened on 13th March 2020
3425  Bitcoin / Bitcoin Discussion / Re: When will the fees come down? Fees wallet dependend? on: May 25, 2021, 01:17:21 PM
The fee rate does not depend on the wallet/exchange you are sending Bitcoins too. It's mostly dependent on the size of your transaction and the state of the mempool (if you want it to be confirmed quickly)

You can use tools like https://mempool.space to observe  the mempool and also find out what the most suitable fee rate would be for you.
Ideally, the unconfirmed transactions in the mempool tend to drop on weekends. This in turn leads to a drop in the fee rate required to confirm transaction in the next block.

Right now, 10 sats/byte isn't bad.
3426  Economy / Economics / Re: Do you think Elon is manipulating the market? on: May 25, 2021, 12:07:16 PM
Here are a few questions I would like to ask you OP  Wink

1. Bitcoin has been here for almost 12 years old, Elon mask has had an idea of payment systems and the internet from the 1990's. Where has he been for the 12 years since the inception of Bitcoin?

2. Where was he during the crypto bear market in 2018?

3. Why does he care about Bitcoin's dynamics right all off a sudden when Bitcoin went past $20K?

I will tell you why. He's in the game to manipulate and make profits. Let nobody be fooled that Elon cares about bitcoin. He doesn't. He and all those rich assholes only care about getting richer.
3427  Economy / Service Discussion / Re: How much attention should be paid to forecast websites? on: May 25, 2021, 09:42:43 AM
If you decide to religiously follow this forecast and signal website. Your portfolio is going to be fucked/Rekt big time. The site in question even has a warning so this should be a clue



There are a lot of factors that can affect bitcoin Price movements and the most common on is news created by market manipulators or FUDsters like the recent tweets by Elon Musk and China crypto ban. Now such forecasting sites don't take such news into account.
3428  Alternate cryptocurrencies / Mining (Altcoins) / Re: Scrypt ASICs on: May 24, 2021, 09:40:18 PM
Looks like the ASIC is not in stock in the official manufacturer's and shop site. The only other option is to buy third-party resellers like they have already suggested such as eBay and Alixespress (Alibaba since you are planning to buy in bulk)

The good new is that they do offer buyer protection so you can test the item if it works well or not before you received it. So alibaba is a marketplace but also acts as an escrow.

There so very good guide you can follow before you make any purchase on alibaba - https://www.linnworks.com/blog/buying-from-alibaba
3429  Other / Meta / frodocooper nolonger a mod, what could have happened? on: May 24, 2021, 09:20:11 PM
Today I just noticed that frodocooper is not a moderator anymore.

frodocooper was one of the mods who had zero tolerance for spam in the mining board though some people complained about the board being over moderated which I can understand but I think his contribution was a net positive.

Why do you think he was removed?
Inactivity?
Personal request?
3430  Alternate cryptocurrencies / Mining (Altcoins) / Re: Were you mining in China? now you can mine with us. on: May 24, 2021, 08:59:22 PM
According to domain information from Whois.com. Your site is barely 2 months old

Quote
Domain:enhalomining.com
Registrar: 123-Reg Limited
Registered On: 2021-03-17
Expires On: 2022-03-17
Updated On: 2021-03-19

What makes you think people are going to trust some site created 2 months ago?
Some of the images used on our website are just simple copy-paste from different source online.

If you are trying to make something trustworthy and legit. At least be original.
3431  Economy / Reputation / Re: I got a question for not paying project. on: May 24, 2021, 08:19:29 PM
With the exception of negative feedback left on the scammer's profile by DT members, there's nothing much that can be done. I guess this is a lesson that you should never waste you time advertising for projects you are not sure will pay up.

Always ensure that the tokens that they are going to be paid for the bounty tasks are at least escrowed or held by the bounty manager if he's trusted.
3432  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: [ETHEREUM] Sending ERC20 Tokens with Zero Gas Price | 0 Gas Price on: May 24, 2021, 03:10:25 PM
In simple terms, It's known as a zero gas transaction and it used to happen back in 2018 when hackers used the exploit to steal ERC20 from addresses with leaked private keys minus using ETH as transaction fee.

I don't know if it's possible today but back then some miners would send ETH minus paying gas fees through their nodes. So the attacker used that exploit to have zero gas transactions too If the transaction was created and launched on such an Ether miner node ( the node that mines a new block)

https://www.researchgate.net/publication/337186536_Towards_a_First_Step_to_Understand_the_Cryptocurrency_Stealing_Attack_on_Ethereum

3433  Alternate cryptocurrencies / Altcoin Discussion / Re: Could someone expect any other coin price can be up as compare to Bitcoin? on: May 24, 2021, 01:21:18 PM
I am sure what you are looking for here? Are you talking in terms of market cap? coin price?
Both really don't matter so much as far as Bitcoin is concerned. The most important are the principles behind Bitcoin creation.

1. Bitcoin is the old and most decentralized blockchain network. All the coins you trying to compare to Bitcoin don't even come anywhere close. Most are centralized to some extent

2. Bitcoin has no known particular "owner" like most of the altcoins do. So trying to control the network is close to impossible. Whether for coins like Ethereum or Ripple. Law enforcement bodies like SEC can wake up one day and sue the creators of the coins or ask them to shut down for face jail.

3. Whether you want it or not, Bitcoin is the flagship in cryptocurrencies. Most of the altcoins are just copycats. So whether it's 5 years from now or 10. It will still continue being a lead via adoption and market movements.
3434  Economy / Service Discussion / Re: Autotrading/swapping bitcoin on: May 24, 2021, 09:27:09 AM
Why should i trust a brand new service that uses the basic principles of Simple Moving Averages to create buy and sell orders?

I can also recreate the same strategy on popular trading tools like tradingview or coinalyze by tinkering with the SMAs and execute the same minus having to risky my account.

3435  Economy / Exchanges / Re: CoinbasePRO Question on: May 24, 2021, 08:16:08 AM
The funds are where? The bank? Or you have already purchased Litecoin and want to trade?
The funds are probably still in the bank account. OP wants to purchase litecoin through coinbase pro. His bank account is linked to his coinbase pro account but he didn't know that he has to first make a deposit of some USD from his bank to the coinbase pro account before starting to trade.
3436  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: URGENT! Trying to buy BNB ASAP on: May 23, 2021, 08:24:20 PM
I will advise you to go for litecoin, it will have very cheap fee if compared to tether. I am not using coinbase, I can not be able to answer many of your questions. But buying litecoin directly from Coinbase can help, you will send the litecoin to binance and convert it to BNB. It will not take much fee, trading fee will be much more low.
Basing on OP post. I think he might be from the US. Binance.com closed shop for traders from the US. So buying Litecoin from coinbase and then sending it to Binance.com isn't possible

I don't know if Binance US supports Litecoin or not but if it does then it's a good thing for OP to do.
3437  Other / Beginners & Help / Re: What extent can a baginner be confident ? on: May 22, 2021, 11:56:55 PM
The lack confidence is probably because you are planning to invest something or money you can't afford to lose. this is very crucial because if you can't afford to lose it, you will be trading with lots of emotions and very little confidence.

I suggest you begin small, even 10 USD can do just for the sake of practice and gaining experience. Even if you lose it due to trading mistakes, you won't be depressed that much. Once you have some experience, I am pretty sure, you will have have some confidence as well.

What you will be looking at are the percentage returns of investment and not just the USD value in returns.
3438  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: FlurMoon, created 5 days ago, 1200+ holders, passive income just by holding, on: May 22, 2021, 11:47:40 PM
As a newbie in Crypto. Can you explain the best way to buy something on the BSC?
Buy BNB --> Send as BEP20 to Trust wallet --> Buy in Pancake swap. Is that right?
Basically that's it.

By the way you have to connect your wallet to the pancakeswap exchange first. For trust wallet, the most effective option is the wallet connect feature. If you have any challenges. Let me know and I will give you a walk through.

This guide should be able to give you more knowledge about pancakeswap - https://academy.binance.com/en/articles/a-guide-to-pancakeswap
3439  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Need $15 worth of WAX coin , please help urgent. on: May 22, 2021, 11:31:35 PM
1. Setting up and trading using an unverified account on Kucoin is quite easy. Is there any particular reason as to why you can trade for yourself?

2.  Withdrawal fee is about 30 WAX (~5 USD) on Kucoin, so you will be receiving about 10 USD worth of WAX coin. How does the person helping you gain from the trade given the fact that they are risking their reputation to help you.

I have a kucoin account and I am willing to help you, only if your reasons are genuine  Wink
3440  Other / Beginners & Help / Re: wallet purchase limits on: May 22, 2021, 11:15:57 PM
Is this just temporary since the accounts are new?? These amounts are a hinderance!!  Undecided
It's not temporary as such. You have to verify you account in order to have higher purchase limits. The problem is the regulatory bodies especially if you are from the US

As for celicius network, they also use third party services to make purchases such as GEM and simplex. So I don't understand why you are trying to use them to purchase bitcoins directly.

1. Try checking bestchange.com to see if there is any suitable exchange that can match your payment methods
2. You can use p2p exchanges that don't require KYC to purchase crypto using fiat such as
- https://localcryptos.com
- https://hodlhodl.com
- https://bisq.network
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