BOTTOM LINE: Do NOT listen to anyone that was so very wrong in their predictions last year.
Or.. don't listen to literally anyone concerning price predictions and just quietly dollar-cost average in. Even if you managed to buy in at the top, chances are, it's going to reach back at those prices after a few years. It's really not that complicated. |
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Are we going to have the typical unit bias argument again?
As with the advice part, seriously if you don't know how to pick good trades then simply don't do it. There are other so much ways to make money out in the world that's going to be worth more your time and money.
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If you're from the United States then Swan Bitcoin[1] seems to be a pretty good platform from what I've read. But really, an important factor is where you're from. A lot of times using a local platform is the better choice.
[1] https://www.swanbitcoin.com/ |
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As if using your phone while driving isn't bad enough, our dude here was actually doing a crypto transaction while driving lmao. Carelessness is through the roof.
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As far as I know, yes mining lang ang way para makakuha ng "non-fingerprint" BTC because of proof of work mechanism niya. Medyo nalilito ako dun sa part ng miner na magbebenta ng coins na wala pang transaction history, Do you mean mag benta ng wallet na ginamit sa pag mine ng BTC? Kasi I think na once sinend ng miner yung BTC to other wallet address is may history na agad siya sa blockchain.
Yes obviously magkakaroon ng transaction history pag sinend na. Pero ang point is wala pang transaction history from other entities na pwedeng mag-cause ng suspicion sa kahit anomang bagay dahil miner->you transaction lang ung history. |
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Aha, salamat po. Mas naiintindihan ko na po. Pero sa part na "sakin lang iyong fingerprint"(meaning po nito untainted coins diba) Paano po ba iyong ginagawa para maging sayo lang iyong fingerprint. Iyon po ba eh pag newly generated coins lang?
Walang way para ma-achieve ito, dahil technically impossible lang talaga since hindi naman nabubura ung history ng BTC transactions. And yes, kung gusto mo ng coins na literally na sayo lang ung "fingerprint", ang paraan lang is ikaw ung magmine nung coins mismo. Or probably maghanap ka ng miner na magbebenta sayo nung coins na wala pang transaction history. |
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You should have used a better example because Ethereum is just as bad as any of the other shitprojects if not worse. Lest we forget how they reversed a lot of ethereum blocks so that they could save their own ass when they lost a lot of money in a "bet" on DAO made in their own flawed protocol. They didn't even fix the flaws, they just reversed the blocks to get their money back!
Yea sure you can definitely criticize Ethereum (and the broader cryptocurrency space) for all those issues all you want, but I was just stating facts due to a lot of people here totally misunderstanding the controversy. |
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CoinJoin - Isang paraan ng pag mix ng funds para ma-improve ang privacy. Halimbawa, meron kang P1000 peso bill , na "tainted" or may bahid ng anything that will make it fall under dirty money(kunwari pamasko ni Ninong noong Pasko). Para malinis ito, eh pwedeng gamitin ang CoinJoin.
Actually sa CoinJoin mejo kabaliktaran. Sasadyain mong i-"taint" ung coins, hindi necessarily malilinisan. Isipin nalang natin na meron kang P1000 bill na ang fingerprints ay sayo lang. Since fingerprints mo lang, maaari nating sabihin na pwedeng malaman nang tatanggap nung P1000 bill mo ung previous owner(ikaw) dahil sa fingerprints mo. Para hindi ito ma-trace (coinjoin) — ipapahawak mo ung P1000 bill mo sa sobrang daming tao para sa sobrang daming fingerprints dun sa P1000 bill mo, to the point na hindi na alam nung tatanggap nung P1000 bill kung sino talaga ung previous owner dahil sa dami ng fingerprints(taint). As for WabiSabi hindi ko sure. |
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It is pretty amazing that this is even possible. Solana definitely has a lot of tradeoffs in order to try and achieve their goals. I know I would never keep any big amount of money on that chain for this very reason. This time it's only this one account (supposedly). Maybe next time it's the largest 1000 accounts. One thing is certain. Solana has proven it will not make a good store of value. I can still see it providing decent service for NFTs that might have interesting utilities, but trusting them to store value... Not so much.
There's a lot of misunderstandings in this thread. The story is about Solend — a Solana-based platform, not necessarily Solana itself. Just like how Uniswap and Aave are not Ethereum, but are Ethereum-based platforms. |
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Send the link to this thread to your friend and let him/her read the responses. If he/she doesn't get convinced to not do it, I don't know what will. Topic: [Q]To take a loan or not to https://bitcointalk.org/index.php?topic=5403282Shameless plug to my response: Taking loans for asset investments you mostly have no control of is kinda dumb.
1. Markets can drop far further than we think it can
2. It can take longer than expected to go back up
3. Especially when talking about crypto outside of bitcoin, you're taking so much risk that it's multiples of magnitudes dumber
If I were to take a loan, it would mostly be for something like a business that I've deeply thought of and strategically planned for already.
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1. The only thing worth your time with Bitcointalk (concerning earning) is selling a service or joining a good signature campaign
2. Airdrops are really hard to get right now as the requirements have been far stricter
3. Bounties a.k.a. spamming social media with links is a total waste of time
Really, if you want to earn money, learn a skill(trading/blogging/ecommerce/etc) or get a job.
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When there are liquidations for longs and shorts, the market takes a big swing to screw as many people as possible.
I mean, that's what liquidations do, right? If you get liquidated, you are pretty much forced to buy/sell to return what you loaned; and obviously that can move the market depending on size and/or if it cascades. |
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Of all the people I'd listen to for bitcoin price-related advice, I'd probably put Peter Schiff close to last. Dude has been calling crashes since like bitcoin was in the hundreds.
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1. Use a reputable hardware wallet (Ledger/Trezor/Coldcard) with reputable software wallets (Wasabi/Electrum/MetaMask)
2. Only keep your backup safe and secure offline
3. Don't get scammed
and you'll be more than secure enough.
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But if we should face reality, this does not stop new projects to be created, there are almost 10000 cryptocurrencies that are presently existing, new coins are created almost daily or weekly.
Of course they won't stop. The fact that newer (probably even crappier) cryptocurrency projects can be created doesn't mean the old ones that are useless shouldn't die out. |
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This is a high liquidity and many traders are very active right now in that’s why the marker is dumping so fast. Not all altcoins are active some are already stagnant with their price and that’s why you see a no action at all aside from dumping.
That's definitely not the reason. High trading activity can work both ways, and huge selloffs can happen regardless if the liquidity is high or low. That altcoins can rise once the market recovers, expect for the altcoins to recover after Bitcoin so this may take a months before it happen again.
I'll bet you that most of the altcoins in this market(outside of Ethereum, Solana, etc) are already toast and is likely to not go back to previous all-time highs. The newer ones that would attract typical retail participants are the ones that will go high, mostly not the old ones. |
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Think about it — how can you have bitcoin backed by literally anything physical, but still remain decentralized and trustless? Being backed by something physical automatically invites counterparty risk.
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I think bitcoin is going to drop more — but now that Jim Cramer is bearish, I'm now having doubts. I've had so much success counter-trading him lol.
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I think everyone would love that but the problem is that as soon as bitcoin starts rising back up again, the shitprojects would also start being created or existing ones be pumped and dumped again.
True. Hence why I'd really want bitcoin to drop more. Also, I definitely could be very very wrong but I think BTC's dominance should rise up from here first. This huge drop was mostly caused by liquidation cascades that I don't think we've seen much retail selling yet. |
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I've had my Ledger Nano S for approximately 2 years, but after about half a year of use, the screen began to fade, which I find extremely frustrating. Just a few months ago, I decided to get a new OLED screen to replace the faulty one [1], and I contacted Ledger support, who fortunately sent me a brand new Ledger Nano S for free!! Too bad, I am one of those people who experienced this kind of OLED screen issue [2]. I am not just pretty sure if the cause is the quality of their oled screen or how I keep the ledger nano inside its original box. I also have my Trezor Model One which serves as an alternative wallet for any NFT-related asset I own. So far, I haven't discovered any issues with the product after using it for about 7 months. But then, both of which serve their purposes well enough as long as you take of your seed phrases not getting leaked and don't do anything stupid (e.g., storing your seed phrase online, taking picture of it..). [1] https://bitcointalk.org/index.php?topic=5393971.0[2] https://www.reddit.com/r/ledgerwallet/comments/kq6dmq/ledger_nano_s_got_the_dim_screen_problem/Fortunately, it seems like the screen issues are rare issues. We just tend to think that it's a common occurrence because of the complaints from the Ledger subreddit. But in fact the Ledger subreddit is pretty much a de-facto customer support forum hence it's expected for us to see complaints there. |
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