Bitcoin Forum
July 31, 2024, 06:48:07 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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] 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 ... 566 »
3521  Other / Beginners & Help / Re: Is the end of Fiat money at hand? on: April 27, 2022, 04:54:39 PM
Stablecoins are not supposed to have no value outside the platforms or to non-traders, because the idea is to stable profits digitally because the attempt to stable profits by converting to fiat money takes some time.

As for its use as an alternative to paper money, it is not possible due to the absence of regulatory cover for it, and these currencies are used as a reserve to stabilize the price, which is much less than the reserve of central banks or government policies.
3522  Economy / Economics / Re: Privacy, control and trust. on: April 27, 2022, 04:42:26 PM
A decentralized web (Web3) relies on a peer-to-peer network built upon a community of users. Every website or application gets distributed across hundreds of nodes located on different devices.
P2P communication and making the contract distributed does not give the currency the advantage of decentralization, but rather who manages those contracts, the cost of double spending, and the number of full nodes.

Thus the criteria mentioned are not sufficient to classify a decentralized currency.

3523  Economy / Trading Discussion / Re: Traders Stop Being Greedy. on: April 27, 2022, 03:40:30 PM
Greed is one of the psychological factors that must be controlled and it is against several measures such as fear, suspicion, anxiety and other psychological factors that affect trading decisions and make the trading strategy extreme because it depends on inaccurate variables.

The best is to learn more about the basics of trading and how to control because to stop being greedy means to stop taking profits. You cannot make a profit if you are not greedy, but how to control this emotion is what turns losses into profits.
3524  Alternate cryptocurrencies / Mining (Altcoins) / Re: Trying to get into mining on: April 27, 2022, 03:35:05 PM
They are reselling and therefore you can not trust them or at least you will not trust that they will sell good and never used mining tools.
Anyway if you google you will find cheap offers like this ---> https://www.newegg.com/p/3GG-000G-00035?item=9SIB1N8J3Y7902&source=region

More experienced members will give you more reasons, but there is no reason to take the risk, especially since you can buy cheaper devices from better places, what are you planning to buy specifically so that we may be able to help you?
3525  Other / Beginners & Help / Re: Mistake I made till now investing on crypto projects. on: April 27, 2022, 03:13:28 PM
It is the mistakes of beginners that are necessary to learn, but it is difficult to overcome them, especially if you are a beginner. Whatever you apply these things, you will need some practical knowledge and therefore you must trade.

Therefore, and for beginners, I strongly advise them to invest in Bitcoin only, altcoins “may” make gains if you have some experience.

There are also skills that must be known, even if they are not directly related to trading.

One of them is knowledge, even basic, of writing codes. Otherwise, for example, you will be surprised that the code contains a line that freezes the funds or prevents them from being sent until a certain time.



Image Source ---> https://bitcointalk.org/index.php?topic=5364992.msg59845093#msg59845093

The second is economics and its connection with psychological sciences and how to manage fear and greed.
3526  Economy / Economics / Re: Bitcoin Legal Tender in Central African Republic on: April 27, 2022, 02:56:13 PM
I tried to gather more information to find out why a country like the Central African Republic adopted Bitcoin as a Legal Tender, but I did not find many logical reasons for that, for example lets start with the status of the Internet:

There are about 2.31 million mobile connections, a percentage that increased by (+11%) between January 2019 and January 2020.
The percentage of Internet use represents about 14% in January 2020, which is not a very high percentage for Bitcoin growth.

You can read more about this and the resources here ---> https://datareportal.com/reports/digital-2020-central-african-republic


Let's move on to the political situation: It seems that the country is being run under a military rule by President Faustin-Archange Touadera[1]. The country does not seem politically stable.


Source --> https://www.theglobaleconomy.com/Central-African-Republic/wb_political_stability/

I also see some articles about the Russian Wagner Group[2], which may be the real reason for the adoption of Bitcoin is to facilitate international trade between this country and some other groups.

[1] https://en.wikipedia.org/wiki/Faustin-Archange_Touad%C3%A9ra
[2] https://www.bbc.com/news/world-africa-59699350
3527  Economy / Service Discussion / Re: Which token has lowest transaction fees in Gate.io stock on: April 24, 2022, 03:22:53 PM
you can check list for coinbase ---> here https://coinmarketcap.com/exchanges/coinbase-exchange/
and this list for Gate.io ---> https://coinmarketcap.com/exchanges/gate-io/
and then check withdrawal fees here ---> https://withdrawalfees.com/

any way Ripple (XRP) generally have lowest fees and have good trading volumes followed by Litecoin and Dogecoin.

you can get more details from links above
3528  Economy / Service Discussion / Re: darkstash Marketplace on: April 24, 2022, 03:08:48 PM
i was searching darkweb on facebook and got a page of this community and than i search by myself i dont know this is new i am sorry i am a noob thats why i was here to ask you guys do u know about this website but no one answer me but finaly i have placed an order and still i did not got anything i am still on wait
Darkweb and Facebook search LOL.
You are looking for the wrong thing in the wrong place and you will end up with either scammers or a third party service provider charging me high fees.
If you do not receive an answer, this does not mean that you should use this service, in the end no matter how urgent you are, we will not help you if you send money to them.
Currently the best you can do is give their address and try to trace that coins, generally how did you place the order?
3529  Economy / Economics / Re: Bill passed requiring drunk drivers to pay child support if they kill parents on: April 23, 2022, 03:31:53 PM
I think that driving trucks is the most useful area for automated driving if pre-determined tracks for these trailers are set, so that the driver’s role becomes complementary, and this role may be abolished in the future.

The bill is interesting, but it remains difficult for this person to pay the expenses, especially since most truck drivers do not have the extra money to bear the expenses of a child or several children.

I had hoped that these expenses would be directed to the companies that employ these drivers and thus would improve the selection criteria instead of bearing the consequences of the expenses of these minor children.
3530  Other / Beginners & Help / Re: We are not safe with centralize exchanges, know this and get peace on: April 23, 2022, 02:59:41 PM
Binance is one of the monopolistic companies, and just like the rest of the giant companies such as Alphabet and Meta, all they care about is profit and therefore expect that your data will be shared with third parties whether you know or not, agree or disagree.
Some countries give the user more privacy and it is possible by court order that your data will be deleted but the problem is that they share it with a third party and then they blame the third party regulations that may not delete that data.

Binance can deny that it has shared data and it would be difficult to verify this, but I wouldn't rule out that they did.
3531  Other / Beginners & Help / Re: How I got Scammed. on: April 23, 2022, 02:46:43 PM
the admin is the middle man, he will receive the payment first before the seller will release his coin.
How did the broker receive money? Did he give you a personal address or a Binance P2P address?
I don't know, but did you trust them because they only bear the name "Binance"? Will you believe a group in the name of Elon Musk that gives people free money or a group in the name of Apple that sends $ 100 and earns an iPhone?
If the address is on Binance platform, it is completely centralized, contact the support team and the funds may be frozen in that account.
3532  Economy / Service Discussion / Re: Question about specific mining website on: April 23, 2022, 01:16:27 PM
Hi all, have anyone here heard about the website name daimakerdao.com? Look like it registered  in Netherland. Thanks
Stop clicking on random links and I also think that @OP has a link to that site and therefore when you answer here that you have visited the site, He may collect some information related to you.
I do not advise anyone to visit the site and there is no honest mining site at the present time, so assume all sites are fraudulent unless you and those sites strive to prove otherwise.
3533  Other / Beginners & Help / Re: Element of blochchain making poeple to trust cryptp? on: April 22, 2022, 12:17:13 PM
The fact that things are distributed does not mean “trust” but rather who can add new blocks and who can remove or block them, if a country can block a person, entity or institution from using Bitcoin, here the fact that the “blockchain is distributed” will not earn that currency trust.

Let's take another example, which is the Ethereum Classic currency, which is a distributed blockchain. However, someone have succeeded in conducting a double-spending attack for long enough to steal money and therefore cannot be considered a trusted currency (in Bitcoin you only need one confirmation)
3534  Other / Beginners & Help / Re: What's in for crypto wallet companies? on: April 22, 2022, 12:10:31 PM
Profit is not always related to the money obtained directly, but indirectly, good reputation, fame, adding work to your CV, helping others are all things that bring you money indirectly, and therefore all open-source, self-hosted wallets are based on such a philosophy.

A large part of the free wallets collects data and sells it to companies, governments, tracking sites, etc. This assumption includes all free self-hosted services including block explorers, tracking sites, multi-currency wallets.

Many developers are people who have previously invested in this project, and therefore its success means profits for them.
3535  Alternate cryptocurrencies / Altcoin Discussion / Re: I found a new hidden gem called . Do you think it will go 100x? on: April 22, 2022, 11:55:58 AM
In my opinion that's totally normal for a crypto that started 3 months ago even for projects that has been around for years can go down 80% of its values and then goes back up to new ATH and there is many examples on the crypto space on the same situation.
I did not talk about the behavior of the currency, but I talked about the economic aspect.

 - What is the preferential feature that you see in this currency?
 - The investor is not looking for normal thing, but for what will bring him profits.
 - What distinguishes that currency, which may achieve profits?
 - The market capacity is very low, which means a high-risk investment, so if I invest 20k, the price of the currency will double by 200%, what prevents the developers from breaking up the market as soon as I invest an amount?

Honestly, it's a high-risk investment in crypto that not worth an investment.
3536  Other / Beginners & Help / Re: Privacy Procedure Correct me if I'm wrong on: April 22, 2022, 11:40:20 AM
Privacy is something that has value, so why would you want to hide yourself? The resources available to track you down are what will determine how much privacy you'll need.

Your privacy is not only tracked on the network (meaning tracking your transactions), but everything related to you is tracked first from the IP address you used on the platform, block explorer, VPN logs, Twitter and Facebook accounts, cookies, every website you visited, any search In the Internet related to that address.



1. I would exchange all cryptocurrencies on Kraken for ZCASH
ZCASH is not 100% privacy coin they have shielded and transparent mode, transparent mode is like bitcoin TX and they are trackable for more read ---> https://electriccoin.co/blog/anatomy-of-zcash/

For more Monero is the only 100% privacy focus crypto.[1]

ADA is not a privacy coin.


So you have two options:

 - exchange your coins to Monero, Run full node, Tor, trusted VPN, airgapped PC.
 - exchange your coins to BTC, using Mixing services, Run full node, Tor, trusted VPN, airgapped PC.

[1] https://medium.com/vauld/zcash-vs-monero-which-is-the-superior-privacy-coin-2b144d59d6b2
3537  Other / Beginners & Help / Re: Newbies Hodle and profit in a Pumps and Dumps market. on: April 22, 2022, 11:14:30 AM
There are three main problems with pumping and differentiating coins:

 - It is rarely to rising ATH again: Note that most of the altcoins fail to return to previous ATH levels.
 - The price of the rise is instant and in short periods: if you notice, the currency may reach the highest peak for only 10 minutes.
 - Trading volumes are controlled: many people fail to execute sell orders when the currency price goes crazy.
 - taxes and capital gain: most of crypto trading are taxed.

Therefore, your model presented is not suitable for those Pump/dump coins

But if your intention is to benefit from the pumping/dumping of the main cryptos, then this is how you make a profit from trading.
3538  Alternate cryptocurrencies / Altcoin Discussion / Re: I found a new hidden gem called . Do you think it will go 100x? on: April 22, 2022, 09:39:43 AM
Personally, I would be careful when I buy a currency at $0.00XX, especially if it has a low daily volume. $AltSwitch we have about Volume 24h $5,089[1].
therefore the price of 10K USD is sufficient to cause a real change in the price.

If you follow the price, you will find that the price fluctuated between {All Time High Mar 24, 2022 (a month ago) $0.006863 60.36%
 & All Time Low Feb 24, 2022 (2 months ago) $0.0008336 226.40%}[2] and the difference between them is less than 10K USD.

Therefore, the currency failed to attract trading volumes of more than 20K dollars per day, and therefore any price that is invested in it quickly absorbed by the developers of the currency.

In short, avoid investing in it.

[1] [2] https://coinmarketcap.com/currencies/altswitch/
3539  Other / Beginners & Help / Re: How do you do a manual crypto arbitrage ? on: April 22, 2022, 09:28:15 AM
To make crypto arbitrage[1] works, you need to economically calculate all the fees included in the process, and then withdraw your coin to correct platform , guarantee your order will be placed, and therefore you must check the following:


 - Coins withdrawals speed and the number of confirmations required for depositing: Arbitrage is speculation against time, any delay means losing money.
 - Withdrawal fees: Withdrawal fees and network transmission costs are a critical factor in determining the amount of profit.
 - Trading volumes: If the platform does not contain sufficient trading volumes, the buy or sell order may not be executed.
 - Speed ​​of trading bots: Trading bots need to be fast enough.


 * In short, manual arbitrage will fail on centralized platforms and currencies with high trading volumes because it is difficult to find spreads that bring you significant gains.
 * You can succeed in some altcoins and decentralized platforms, but you risk losing your money and in most cases you will lose that money.


In short, it is for professional users and I do not recommend it.

[1] https://www.investopedia.com/terms/a/arbitrage.asp
3540  Economy / Speculation / Re: Bitcoin dominance is key on: April 22, 2022, 09:13:50 AM
Bitcoin dominance is another useless metric added to the market cap and both are misleading metrics for anyone who wants to invest in altcoins.
Perhaps the market capacity of Bitcoin is the closest to the accuracy because of the limited supply, which cannot be exceeded, but it is unfair to compare it with altcoins (pump/dump coins) and therefore give a percentage on it.

The only thing that we may benefit from is the knowledge of the flow of money to bitcoin or altcoins, and therefore will the price of bitcoin continue to increase, or  money will follow to pump those altcoins.

In all cases, it is not considered any measure to predict price movements, but rather the continuation of the rise after a sudden increase in the price.
Pages: « 1 ... 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] 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 ... 566 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!