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3581  Bitcoin / Bitcoin Discussion / Re: AI text prediction in our Smartphone, guesses Bitcoin holders seed phrase. on: June 16, 2022, 03:28:19 PM
It doesn't necessarily need to be AI, your keyboard app just needs to be decently bad privacy-wise for you to get screwed.

I really don't care though, as I only have like $50 on my hot wallets, then everything else on cold storage. Hardware wallets, people!
3582  Economy / Speculation / Re: Bitcoin Bottom is Actually In on: June 16, 2022, 03:09:27 PM
Not sure if I agree that this is the bottom (because the world is obviously in uncharted territory, though I don't really do TA so you're more qualified); but one thing's for sure — for those that are waiting for lower prices, this spot is definitely a great spot to start DCA-ing.
3583  Other / Beginners & Help / Re: What is Cryptocurrency or BITCOIN? on: June 16, 2022, 02:07:36 PM
No offense OP, but quick tip: only create threads of such topics(have been written like a thousand times already) if you have actually have new information(or a new point of view) to add. If it's just the same information repeated time and time again (assuming your info was actually right in the first place), there's really no value-add.
3584  Economy / Trading Discussion / Re: Bottom For Bitcoin? on: June 16, 2022, 10:53:17 AM
You need to understand that no-one can accurately predict this crap. Also, and that you don't need to buy exact bottoms (because it's almost impossible for 99% of people to catch bottoms). If you just want to invest for the long-term and NOT trade actively, just dollar-cost average.

https://dcabtc.com/
3585  Economy / Economics / Re: Apple wants to replace all passwords with biometrics on: June 16, 2022, 08:52:20 AM
Despite of biometrics solutions being better than passwords, they are still vulnerable to theft of data, the biometric information can be stolen.

Privacy concerns aside, people would most likely use this feature simply because it's far easier to use and the fact that the typical person doesn't need to remember passwords. This is the main reason why these companies win a lot of users while privacy freaks are very low in population — simply because these companies know how to nail UI/UX.
3586  Economy / Service Discussion / Re: Crypto lender Celsius mulls possible restructuring amid financial woes on: June 16, 2022, 04:16:46 AM
20% yields...

Who in the right mind would think that was legit? Anyone with a half brain should be able to see the ponzi scheme behind it. If you can't and "invested" money in any of these ponzi schemes, then you deserved to lose your money. TerraLuna was the first, and it looks like this will be the second domino.

Rising USD interest rates will make the things even worse because more people will want to withdraw their money from these projects and give it to the banks.

I really don't believe they're THAT stupid. I farmed the 20% yield on Anchor as well (fully knowing it was unsustainable) but I planned ahead — if UST we're to drop ever so slightly and the Curve AMM pools became unbalanced, I'm immediately going to 100% go out. I'm going to assume that they had the same plan, and that they were just slow.

..or maybe they are stupid.
3587  Other / Beginners & Help / Re: Is the crash in bitcoin price a threat to forum existence? on: June 16, 2022, 03:25:35 AM
Obviously the forum would still work fine regardless of price. It's just that a lot of times — in times of long and heavy bear markets, users and traffic is expected to drop as well simply because less people search about stuff concerning Bitcoin.
3588  Economy / Service Discussion / Re: Coinbase to Lay Off 18% of Workers on: June 15, 2022, 03:30:32 PM
Tbh, I really wouldn't overthink them being insolvent and all those kinds of things. It's highly likely that they're expecting lower demand in the future, and they're just taking into consideration the deeper economic risks. It's not like only Coinbase is laying off employees, a lot of tech businesses are as well.
3589  Economy / Economics / Re: World are going to WEB 5.0? What is WEB 5.0? on: June 15, 2022, 03:01:21 PM
It seems to be a totally serious project, but the web5 thing is just mockery. (and I assume for the publicity, as journalists are writing about it)



https://twitter.com/jack/status/1535636345065979904
3590  Bitcoin / Bitcoin Discussion / Re: "It's Better to Sell Bitcoin Now and Rebuy Lower" Twitted by Peter Schiff on: June 15, 2022, 10:49:25 AM
I always wonder why people that publicly say they hat bitcoin, then continue to comment on it. To me it seems more that he in reality trades bitcoin and tries to manipulate the price, since there would be no reason at all to recommend people to sell and buy later again if he doesn't want to buy himself.

That's pretty much Peter Schiff's branding and shtick. He wouldn't be as famous as today if it weren't for him talking crap about Bitcoin and the cryptocurrency space like every few days; and I'm pretty sure him and his businesses have heavily benefited off his publicity stunts.
3591  Other / Beginners & Help / Re: Special reasons for bitcoin purchase on: June 15, 2022, 09:32:57 AM
The reasons why so many persons invest in bitcoin is the depreciation, centralization and the appreciative aspect  in bitcoin.

My mind is blown — you actually managed to get 2 out of 3 things wrong, and these are the very basic aspects of Bitcoin.

And even if you got all these 3 right, what's the point of this topic in the first place? You're just trying to repeat things that have been said here a zillion times already.
3592  Bitcoin / Bitcoin Discussion / Re: Is crypto winter setting in.. and how long will it last on: June 15, 2022, 08:51:07 AM
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize

If you think some of us knew how to accurately predict markets — chances are, we wouldn't be on our computers all day but instead would be at some nice beach in the Bahamas with some nice beers and beautiful women.
3593  Other / Off-topic / Re: Irony of Life on: June 15, 2022, 06:02:54 AM
The market sure has interesting ways of teaching people lessons. Most of the time you get screwed if you're too blinded by greed and over-invested, in which your neighbor absolutely did — carelessly.
3594  Bitcoin / Bitcoin Discussion / Re: Cryptos are uncovering our evil sides on: June 15, 2022, 04:09:07 AM
Mate literally all these things existed even far before Bitcoin and cryptocurrencies were brought about. You just described humans in general, and you're over-generalizing it too much just like how anti-crypto journalists are.
3595  Economy / Trading Discussion / Re: How long do you think the market will take to recover? on: June 14, 2022, 08:47:30 AM
I wish it would drop further more. There's still sooo much overpriced trash everywhere that we need a bigger wipeout of most of the trashy altcoins. Blockchain based games in the billions but yet has little to no players, like what. We need to nuke 'em all.
3596  Economy / Speculation / Re: $13,000 is quite possible this week on: June 14, 2022, 06:47:39 AM
I'm definitely not saying that 13k wont happen (because it's definitely possible) but..

But whales are confuse for dumping more because they know Bitcoin has more value and it is undervalue around $13k.

..are you saying that these whales have some Discord/Telegram group for them to be sharing their ideas and sumnthn? And that you're actually in it? Or do you have some sort of mind-reading ability that goes beyond the internet?
3597  Economy / Speculation / Re: The Tulip Mania 2.0 on: June 14, 2022, 04:12:21 AM
I'm fine with people being short-mid term bearish from time to time — but come on now, $1000? lmao. If ETH then probably but if you're talking about BTC you gotta stop smoking whatever you're smoking.
3598  Bitcoin / Bitcoin Discussion / Re: BTC on other chains is not BTC on: June 14, 2022, 03:29:25 AM
Binance is about to pull a Gox imo. Suspending the withdrawals is not cool. If binance can’t fix this situation then it will be very bad for the crypto

Btc on other chains of course isn’t btc but do you think CZ gives a damn? This dude tried to rewind the blockchain before when binance got hacked. He has no respect for this thing.

Nah, they've already re-allowed Bitcoin (real BTC) network withdrawals like 10 hours ago.

https://twitter.com/binance/status/1536398699714199556
3599  Bitcoin / Bitcoin Discussion / Re: BTC on other chains is not BTC on: June 14, 2022, 02:57:22 AM
I have never hold any satoshi of WBTC so I would like to ask: Are the withdrawal fees for WBTC more competitive than BTC in general?
If we're talking about the Ethereum network, then no. On the other hand, with BNB/Solana and basically anything that's not Ethereum, then yes it's cheaper.

If I ever get paid with some WBTC for any reason, I'd swap it whenever I have the chance, to hold the real thing. Just my opinion.
You and literally everyone here.
3600  Other / Meta / Re: What we can do to get ride of alt farmers? on: June 13, 2022, 03:21:25 PM
A lot of them just spam threads of generic research like not giving up and do research and yadda yadda in the hopes of getting at least 1 merit. Just be significantly stricter if you see accounts that has a very low postcount:merit ratio.
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