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3481  Bitcoin / Bitcoin Discussion / Re: They will try to stop Bitcoin on: November 14, 2021, 10:41:51 PM
The topic of this thread should be : "they wish they could stop Bitcoin"

As people in this thread have pointed out; if they could have stopped Bitcoin mining, they already would have. But I do agree with the fact that Bitcoin mining is bad for the environment. Not because it itself it bad for the environment, but because the energy production technologies are lacking and therefore are bad for the environment. So once we go from dirty energy production to clean energy production, mining Bitcoin will automatically not be bad for the environment.

But politicians like to point fingers at the wrong people. We know that.

Instead of wasting money on fruitless attempts on stifling Bitcoin mining, they should find better ways to produce clean energy. I for one am cheering for fusion energy.
3482  Local / Deutsch (German) / Re: Was ist das Taproot/Schnorr Upgrade und wann kommt es? on: November 14, 2021, 10:28:59 PM
Ich bin nicht wirklich ein 100%iger Profi, wenn es um die technische Seite der Dinge geht. Oder sogar 50% Roll Eyes Wenn ich also etwas Falsches sage, korrigiert mich bitte.

So wie ich es verstehe, können wir dank des neuen Taproot-Updates nun Bitcoin in der Defi-Welt willkommen heißen?? Denn wenn die Komplexität der Smart Contracts zunimmt und die Transaktionsgebühren sinken, dann sollte doch eine ETH-ähnliche Defi-Struktur möglich sein? Oder sind die dafür notwendigen Smart Contracts nicht komplex genug und/oder würden die Transaktionsgebühren diese Komplexität nicht rechtfertigen?
3483  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 14, 2021, 07:04:42 PM
^^^^^
You might want to un-doxx your gmail account there sayed

And his face, top right.

Edit - I’ll delete this when he notices & deletes his post.

^^^^^
You might want to un-doxx your gmail account there sayed

You know, you guys could have quietly just sent him a pm without throwing attention at the fact that he doxxed himself. I only noticed the doxx because you guys called it out... Roll Eyes Cheesy

Also please nobody point out that he is probably from the US due to his Month/Day/Year setting. That would be uncool  Tongue
3484  Local / Deutsch (German) / Re: Was war 2017? on: November 13, 2021, 02:09:56 PM
Soweit ich mich erinnern kann, war 2017 das Jahr des FOMOs und ICO Scammer. Erst 2017 waren ICOs ein großes Ding geworden aber es fehlten noch die Regulationen und nötigen Gesetzeslagen in vielen Ländern, weshalb eine Riesenmenge an Investoren ihr Geld verloren haben an ICO Scams sowie auch wertlose ICOs ohne Zukunftsperspektiven. Es wurde einfach in jeder ICO investiert. Wegen diesen Scams haben Länder wie USA und China der Blockchainwelt den Wasserhahn zugedreht und haben ICOs/Crypto teilweise/ganz verboten. Da brach Panik ein und der Bitcoin Kurs stürzte vom 20k auf 3k ganz schnell.
3485  Alternate cryptocurrencies / Altcoin Discussion / Re: NFT for money laundering? on: November 13, 2021, 01:56:13 PM
Well, as far as money laundering with NFT's goes, I can only speak from the perspective of my own countries laws and regulations. As I understand it, it does not matter whether its an NFT or actual, real physical Artwork. If you sell it for a profit, you need to be able to explain where the money came from. In my country you can easily come under fire from the authorities if you cannot explain the origin of a sale worth 10k or more. This also goes for incremental sales worth 10k or more together.

The origin must be documented as well as the buyer and his government ID.

So I don't see a way to launder money here.
3486  Bitcoin / Bitcoin Discussion / Re: My first time using a Bitcoin ATM on: November 12, 2021, 06:59:31 PM
I would love to see an ATM here in my country. We have introduced Bitcoin ATM's once and then they were made illegal and taken down again. I heard rumors of Bitcoin ATMs with strict KYC for any amount of Bitcoin purchased/sold, however I have yet to see such an ATM with my own eyes. So far, nothing yet.

But Im certain that Bitcoin is and should stay anonymous. That goes double for selling/buying Bitcoin. Thats the very idea upon which Bitcoin was built- to stay out of government control, and in the hands of the people. So such Bitcoin KYC ATMs don't serve much purpose, in my eyes.
3487  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 12, 2021, 06:22:20 PM
So when NEW poll??

Is S2F   98k close November going to happen
Yes or No ….



You asked for it  Wink

Here are the old poll results, for posterity or whatever:





My dude. This is not a yes or no question.  Tongue

https://www.youtube.com/watch?v=fG_8Vxm0Dzs
3488  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 12, 2021, 06:14:58 PM
What is it with Fridays and dips?
It used to be the last Friday of the month, now it's every bleedin Friday.

The guy who decides the Bitcoin price is a new guy. He really has no idea how this is supposed to go. :/  Tongue

Link or it did not happen.

 Angry Angry Angry Angry

https://www.coindesk.com/business/2021/11/12/sec-rejects-van-ecks-spot-bitcoin-etf-proposal/
3489  Economy / Economics / Re: Really, why bitcoin has this value? on: November 12, 2021, 11:24:06 AM
I think that the easiest most simple method to explain the value of Bitcoin is just by looking at the rate of adoption (popularity) of Bitcoin as well as looking at the fact that it is inherently deflationary  in its very nature. This means that there is only a certain amount of Bitcoin which can ever exist and a rising amount of people who want to purchase Bitcoin. These two things give rise to a logarithmic rise in the value of Bitcoin.

And the fact that Bitcoin can be broken down into smaller parts (0.1, 0.01,...,0.0001,... and so on) means that everyone can have a piece of Bitcoin. But that demand itself will make Bitcoin become worth more.

Its quite self explainatory. Cool
3490  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 12, 2021, 10:39:41 AM
And then I will, of course, buy back at the bottom.

translation:

I will watch bitcoin rise until I FOMO back in with less BTC.

 Tongue
3491  Bitcoin / Bitcoin Discussion / Re: How to explain Bitcoin to Newbies on: November 12, 2021, 10:15:18 AM
This is as simple as I can make it:

Bitcoin: think of a wallet, that everyone has in their pocket. In this wallet they have their money and a piece of paper, in which written down is a list of wallets and how much money is in each of those wallets. Everytime someone trades their money for something, everyone takes their list and notes this trade and writes it down. Now everyone know your wallet has less money because you bought something. In fact, they know exactly how much money is left in your wallet. So you can't lie about how much money you have.

However, updating your list is a lot of work so we have people, who do this for you. In return for communicating this information to everyone about who traded with who and how much, they recieve a tiny portion from the trade, as compensation.

This method of communication is called the "blockchain". And the money is called "Bitcoin".

Bitcoin can be created by solving a lot of mathematical problems, which get harder and take longer to solve, the more Bitcoin are mined. Since math can be proven to be right or wrong, we can know whether or not someone put in real work to find real solutions.

There can only be a certain maximum amount of Bitcoins ever created, but Bitcoin can be broken into smaller pieces. The value of each piece depends on how many people want to own these pieces.
3492  Local / Trading und Spekulation / Re: Wie würde sich ein Tether-Kollaps auf Bitcoin auswirken? on: November 12, 2021, 10:02:31 AM
Ich denke nicht, dass es eine riesen Auswirkung hätte, langfristig gesehen. Wenn das Problem mit der Skalierung und Gas-Fees nicht in Zukunft gelöst wird, werden sowieso andere Chains wie BSC oder SOL den ERC20 ablösen. Und so wird es wahrscheinlich auch kommen. Den bis ETH endlich die Probleme gelöst hat, wird es bereits bessere/modernere Alternativen geben. Gibt es eigentlich jetzt schon. Langsam migrieren alle auf die anderen Chains.

Aber ein sofortiger Kollaps? Ich glaube nicht dass sowas passieren könnte. Aber als Gedankenexperiment: Ein sofortiger Kollaps würde vielleicht den BTC preis sogar kurzfristig anheben, da es hierbei sich vielleicht deflationär auswirken könnte auf Bitcoin, da die BTC/USDT orders einfach wegfallen und somit keine Bitcoins für USDT verkauft werden können. Und alle die es rechtzeitig schaffen, würden Bitcoin kaufen.
3493  Local / Anfänger und Hilfe / Re: Erfahrungen mit neuer Exchange on: November 12, 2021, 09:23:04 AM
Also ich würde sagen: FINGER WEG!

Was bringt es dir, deine Coins auf eine neue, unbekannte Börse zu schicken? Wir haben so viele gute und vertraute Börsen. Geh lieber auf Binance! Da wirst du zumindest dir keine Gedanken machen müssen darüber ob deine Coins sicher sind, oder nicht.

Es gibt heutzutage so viele neue "Börsen" aber die meisten sind "copy/paste" Börsen die wirklich jeder ins internet reinstellen kann. Vorallem Swaps.

Vergiss nicht: Bei Börsen überlässt du anderen deine Coins.  Embarrassed
3494  Bitcoin / Bitcoin Discussion / Re: China is thinking about unbanning bitcoin mining after price rise on: November 11, 2021, 07:41:55 AM
So I doubt if they will even consider a reverse decision to benefit from an increased Bitcoin price. The Chinese government will do anything to control their citizens and Bitcoin was a threat to their power. ("people's democratic dictatorship")  Roll Eyes

china is not actually as controlling as you think
im not a chinese resident (im british white) but the propaganda of trying to make china look like evil dictators is a media problem not a political problem

Unless there is some positive crypto news coming directly from a chinese government-owned news source, or in other words: a chinese news source, then theres no need to get excited.

Sorry but you are a bit out of touch with reality. I suggest you google Falon Gong organ harvesting and Uyghur camps.

China has banned its citizens from accessing the internet (except their own) and only allows certain individuals (government workers and government owned news) to bypass this restriction. China threatens and harasses family members of chinese individuals who are living in other countries, if they do something China does not like. China does not care about whether if the people want something. It cares about saving face and making the PRC party look good. Also, only the PRC dictates which candidates can or cannot be voted for. So democracy is not the word I would use for anything chinese.
They support brutal regimes like North Korea and spy/steal western technology. I recommend you take a look at China Uncensored on youtube, if you want proof and actual facts.

3495  Alternate cryptocurrencies / Altcoin Discussion / Re: PooCoin vs CoinMarketCap on: November 11, 2021, 07:27:27 AM
Are data provided by PooCoin more reliable than the ones provided by CMC?...I'm talking especially about market cap data, how PooCoin gets information about the capitalization of a coin?


I'm asking this because I'm starting to notice that, especially when it comes to shitcoins, CMC tends to report wrong infos, so, do you think that PooCoin is a more trustworthy platform to check real data about a shitcoin?


P.S: I'm perfectly aware of the risks and the problems that a shitcoin can cause.


First and foremost you should trust your gut instinct. If something seems too good to be true, it probably is. Secondly, I trust Coinmarketcap more because it has proven itself time and time again. But I would not mind double checking with another site. If the alternative site, in this case, poocoin (never used it though), has some warning flags about a  coin then I would stay away just as well. From my point of view the best strategy is: Don't invest into new coins.
3496  Alternate cryptocurrencies / Altcoin Discussion / Re: Is there a token on Bsc that isn' t a scam? on: November 11, 2021, 07:23:56 AM
You know, if only you did your own due dilligence and research on the token, as well as the team behind the token, you probably could avoid like 99.9999% of these scams. But I guess some people instantly buy a token that has a nice pic of a dog or has a nice sounding name. Roll Eyes

Its the same people who give away their seed phrase to "support chats". Its starting to become a bit difficult to have any kind of sympathy with people like this. They have obviously too much money and don't care about it anyway.

if you need someone else to do your own research for you, then only buy binance exchange listed (not dex) tokens only.
3497  Local / Deutsch (German) / Re: CEX, DEX, Instant-Exchanges, Broker & Wallets mit Exchangefunktion [Liste] 03/21 on: November 11, 2021, 06:35:49 AM
Die Liste ist ganz schön und hat nette Informationen aber bräuchte mal einen Update, denke ich.

Binance ohne KYC geht garnicht mehr (Außer 0,06 BTC Withdrawal pro tag). Darüberhinaus würde ich bei CEX noch ein pro hinzufügen und zwar da jetzt CEXs KYC verlangen und somit eine Verbindung zu deiner Identität aufgebaut haben, müssen diese CEXes auch im Falle eines Hacks oder Verlust deiner Tokens als Vermögensverwahrer rechtlich haften. Bei DEX geht sowas nicht, da du selber für deine Wallet haftest?

Ausserdem zum Thema Wallets: Wo bleibt Trustwallet? Das hat auch einen integrierten DEX und bietet die derzeit günstige Swapmöglichkeit an, seitdem sie das 1Inch Protokoll integriert haben.
3498  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 10, 2021, 02:41:00 PM
Observing 69k touched on Bitstamp. Chartbuddy got nothing on me  Grin Roll Eyes

Excuse, me? Where is the choppa?

3499  Alternate cryptocurrencies / Altcoin Discussion / Re: Swapping on MEW is way more expensive compared to actual swap sites? on: November 10, 2021, 08:10:08 AM
Ok so now I have tried out swapping with Trustwallet (BSC), which has 1inch protocol integrated. And swapping with Trustwallet's integrated swap function puts out EXACTLY the same prices as it would if you were to directly use 1inch. NO HIDDEN COSTS.

So Myetherwallet either is NOT integrated with 1inch, as it claims, or it is scamming its users by deliberately offering the worst prices while claiming them to be the lowest for a swap. I can find absolutely no reason as why swaps on myetherwallet have drastically different prices (BSC) even though they claim to be using 1inch. Angry

 
3500  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 10, 2021, 07:41:13 AM
Good morning, WO. Kiss

https://mobile.twitter.com/davetroy/status/1458094700091658262

... welcome to the deranged upside-down world view of the rabid leftist

Quote
I can't stress this enough: the crypto attack on the dollar is not strictly a "pump and dump" or a "grift." It's an ideologically-driven attack on the legitimacy of fiat currency, the @federalreserve, and the incumbent financial system. It is the sequel to the January 6th attack.

... in some ways "he gets it" ... like the bellowing dinosaur sees the meteor streaking across the sky and knows it's an impending doom kind-of-way 'gets it'

He made his tweet impossible to reply to lol. That says everything.

How out of touch with reality do you have to be to think this? Or maybe its some modern form of Stockholm Syndrome?
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