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3701  Other / Beginners & Help / Re: Please help on: November 22, 2020, 11:56:12 AM
There's no reason you link your telegram id, neither do you have to pay for assistance. I would not advice anyone to contact a user outside the forum to 'help them unlock tokens'.

What exchange do you use? If there is a withdrawal limit, it is usually tied to the profile and not the IP (as this could easily be bypassed using a VPN) and you'll need to upgrade your KYC level by adding some more information in.
3702  Bitcoin / Development & Technical Discussion / Re: Why more bitcoin (wbtc) on ethereum than lightning network? on: November 22, 2020, 07:14:36 AM
is this considered failure of lightning?
Lightening network is a payment channel and its success is not to be based off a shit alt-coin built on another platform.
Also the lightning network has been growing immensely this year, both in the number of companies using its channels as well as in the amount of Bitcoin on it.
All new improvements usually take time to get adopted, just as we're seeing with LN and segwit.
3703  Other / Meta / Re: [QUIZZ] The (unofficial) live quizz of the 11th anniversary of Bitcointalk on: November 22, 2020, 06:01:39 AM
PS: 12759 points; not sure if it's good or bad
Good enough to beat me to second position. I scored just 10289 points (on my first trial). Would be interesting to see what position I drop to when the quiz eventually ends.
3704  Other / Beginners & Help / Re: Beginner question regarding hardware wallets on: November 21, 2020, 09:13:39 PM
But isn't Ledger French? I would swear that they sent them from France, at least a few years ago, but I suppose that you have done your job researching so it may have changed. Just double check just in case.
You are right, they are a French based startup and probably earlier on shipments were only sent from there. After doing a bit of digging around their website; they now have about five offices in different cities:
• Paris
• Vierzon
• San Francisco
• New York, and
• Hong Kong.

I'm unsure if there are warehouses in all these locations (only verified the one at Vierzon), but it's likely deliveries can be made from all those places.
3705  Economy / Speculation / Re: As we approach ATH what is different compared to 2017? on: November 21, 2020, 03:13:14 PM
To summarize they boil it down to demand vs liquidity (yeah that bit is obvious), but they characterize the differences in demand namely big name institutional investment. Again widely discussed in this forum but this chart is slick if the underlying data is valid:
As you said, this point has been excessively discussed, and I've chimed in a couple of times about how the demand and supply ratio would influence the price; A fixed supply rate means we are technically immune to supply shocks and a growth in demand, without a growth in willingness of holders to sell would have a positive effect on price. This does not mean bitcoins would be difficult to purchase or become scarce, but rather most people are seeing the potential value and putting a premium on it.

Quote
Similarly, we also see much higher net inflows to exchanges allowing crypto-to-fiat (C2F) trades compared to 2017. C2F exchanges are playing a bigger role in this surge than in 2017, when crypto-to-crypto (C2C) exchanges, used mostly by traders swapping many different types of cryptocurrency, drove more of the market. This, combined with the accumulation of Bitcoin by investor wallets that tend to hold for long periods of time, suggests that first-time Bitcoin buyers and buyers looking to unload fiat currency for Bitcoin as a hedge against worrisome macroeconomic trends are responsible for much of the current demand.
The fall of the ICO market could be the reason for this. As at late 2016 through to early 2018, new projects were springing up all around and the altcoin market was in a hype phase, most of the projects ran ICOs and accepted funds in BTC and ETH (maybe a couple of other currencies too), leading to an increase in C2C transactions. Fast forward to now, we do not have as much new projects springing up and crowdfunding is not as popular.
Bitcoin these days is more commonly juxtaposed with Gold or hard fiat currencies than altcoins, as a hedge against inflation.

Overall, the current rally is different than any we have seen (although, it would be the first I'm actually experiencing). After a couple of bull runs, investors have become more aware, and would have learnt from previous experience. They've seemed to also raise the expectations, BTC is currently closing in on $19k with no real excitement in the market or media and also no hyper fomo yet, makes me assume we're only getting started.
3706  Economy / Games and rounds / Re: Adkinsbet.com | Match of the Week ~ Predict the correct score and win 0.02BTC! on: November 21, 2020, 02:32:10 PM
3 : 2

Adskinbet username: Luckybird
3707  Economy / Economics / Re: JP Morgan takes a different stand than Wall Street - US Q1 GDP will decline. on: November 21, 2020, 01:29:56 PM
They also had a gloomy prediction earlier in the year about the 2nd quarter; JP Morgan economist says U.S. GDP could drop 14% in second-quarter, and that economic period actually turned out to be very poor as it decreased by about 31.7%

Lastly anyone here feels that their prediction could go wrong?, because I’m sincerely wishing it does go wrong.
Of course it could go wrong, that is why it's a prediction. A lot of factors would play a vital role in the economic revival process of the coming months;
• Development and distribution of vaccines,
• Emerging of new MSMEs to replace those which have been lost,
• Fiscal policies which would be initiated to manage inflation and money flow,
• Disruption in globalization as some countries may adopt a DIY approach as well as due to diplomatic fallouts,
• Reaction of people to the economy and also permanent adjustment in some sectors due to health concerns.

I would take a positive side and hope the spread of a vaccine would also spread hope and revitalize key sectors.
3708  Other / Meta / Re: Why so strict on members on: November 21, 2020, 11:55:27 AM
There's 40 of your posts reported for spam/one liners so I'm guessing that's why.
I was thinking this; The forum is far from strict on its spam policy and users rarely get banned for it even if there a sticky on this in the Services board (IIRC). Users who spam the forum are usually given series of temporary bans, ranging from a few days to a month, to serve as a warning, and if they persist, a perma ban is issued. OP probably had enough time to correct the habit.

Put more effort into your posts upon your return and you should be good.
I assume the OP was banned temporarily in this case then. Hopefully, they heed the warning and change their habit. Effort is really all it takes to avoid such situations, some members do the barest minimum and usually join discussions only to meet their sig requirement.
3709  Bitcoin / Bitcoin Discussion / Re: Miner's fees on: November 20, 2020, 06:04:06 PM
Firstly, Bitcoin fees are paid in Bitcoin and not in fiat, so when making comparisons do not covert it to fiat currencies to get the value; if the USD value of Bitcoin triples, the fees on transactions would also triple without any changes to the actual amount of BTC paid

There isn't as much decentralization in bitcoin as we think. All the big miners know who they all are. They probably contact each other now and again. They can easily get on the phone with each other, and time a rise in miner's fees for, say, the middle of December.
There is no telegram group for all miners, where they decide fees. It all depends on traffic. If I had the only transaction on the mempool (or all the transactions needed to to fill a block), I can pretty much send it with a very low fee as it will still definitely get confirmed due to no competition. Miners earn majorly from coinbase reward not fees and my transactions are needed to fill blocks.
If more transactions come in with a higher fee than mine, they are then given priority, if even more transactions with even higher fees are initiated they get pushed closer to the tip of the mempool and mine moves further down, meaning I have to bump the fees to compete for confirmation.
Miners play no part in this.
3710  Economy / Economics / Re: Ray Dalio Admits He May Be Wrong About Bitcoin" on: November 20, 2020, 09:11:50 AM
Well, that's how conservative (about finance, not politics) thinks. They are cautious about the new technology but open to being convinced. The negative side of this stance is that they tend to miss out on buying opportunities until Bitcoin becomes more and more expensive.

That is quite a backward approach. For one, before forming an opinion of a new asset or technology, one should have done sufficient research on it, to understand the fundamentals behind it. And the idea of forming a negative opinion with little actual knowledge and then asking to be convinced otherwise is also backward. If you're going to ask for opinions, you should be open minded enough to assimilate them without prejudice.
Maybe that's a part of being conservative; Putting the perceived risks above the potential reward.

Imagine if he just put a small amount of his fund into Bitcoin when the price was $100 or $1,000.
Imagine he puts in a small amount as the price is at $18k+ and comes back to check in the next 5-10 years
3711  Bitcoin / Bitcoin Discussion / Re: What Are The Benefits Of Blockchain In Our Today’s Life? on: November 20, 2020, 08:05:10 AM
Good article, contains a couple of relevant information, and the gif-like videos could be useful to readers who learn through infographics.

Since this was posted in Bitcoin discussion board, I would like to point out that the blockchain is a broad technology and can be run using different algorithms which operates quite differently, so while some blockchain protocols may be prone to breaches like through the 51% attack, Bitcoin's protocol has proven to be resistant to this (It's partly mentioned in the article, but newbies may read only the post and surmise that these are vulnerabilities in Bitcoin)

Quote
Data modification
Another downside is that once data has been added to the blockchain, it is virtually impossible to modify it. While stability is one of blockchain’s advantages, it’s not always good. Changing blockchain data or code is often very strict and requires a hard fork. Once there, a chain will be discarded and a new chain is accepted.
I don't consider the immutability of Bitcoin to be a downside, it's rather one of the qualities that makes Bitcoin stand out from other systems which are not run on the blockchain. Knowing it is immutable increases trust, as you can verify all previous entries and be sure no changes has or can be made to it.
3712  Bitcoin / Bitcoin Discussion / Re: Deutsche Bank: Investors Increasingly Choose Bitcoin Over Gold on: November 20, 2020, 07:46:17 AM
Do you agree with Deutsche Bank?
When you consider both assets over the past 10 years; Gold has sufficiently hedged against inflation, Bitcoin has done this as well, but not only is it dis-inflationary, it also has shown great price appreciation over the years, making it a viable long term investment option, definitely something that a person who holds gold would want to own in their portfolio.

Comparing this Deutsche Bank reoort with the JPMorgan report there seems to be fresh interest in Bitcoin from financial investors, I'm not sure it indicates they are dropping gold for Bitcoin (and I don't think it actually matters) as most investors are already very dip into gold, as such we should not expect huge money inflows as we can see in Bitcoin which is relatively still very new.
3713  Other / Beginners & Help / Re: What are keys and which ones are "secret"? on: November 20, 2020, 04:13:19 AM
mk4, i'm so paranoid i don't click on links at all.  like the link you posted i was scared to click on it and so i googled it and looked at search results and from there i went to the site itself lol.  this is how paranoid i am about clicking on stuff.  that's excellent info on that page thank you! easy breakdown.
This is fair, understanding the risks associated with an action helps to prevent you from falling victim. But rather than trusting yourself to be completely safe while browsing, a better option would be to store your bitcoins on a hardware wallet or an old laptop or mobile device which would be off the internet. On such airgapped device your funds are safe from attacks. Of course, if you do not hold too much bitcoins at the moment (<$50), it may not be worth it getting a hardware device just yet, so you can use your device while practicing all safety measures. Some more safety tips
• Use an ad blocker, so when you search on an engine to protect you from pop up ads or any other malicious link or you use a privacy centered engine, like; duckduckgo or Searx
3714  Other / Archival / Re: Will altcoins season come first or bitcoin will reach to new highs first? on: November 19, 2020, 08:21:37 PM
Altcoins has been hyped up for a couple of months now, especially with the DeFi fomo which opened up several new markets. If you're referring to the ICO pump we had in 2017, I do not really think we would have that in this market period, as the market has changed a lot from 3 or 4 years ago
About a new ATH, Bitcoin has been testing the $18k range for a couple of days now, actually going above it a couple of times already. And I expect we would build a solid support above that pretty soon, from there, $20k is well in sight and we could see a new ATH within the coming weeks. And as majority of the cryptocurrency market is correlated with bitcoin, there would be rises also in altcoins.

P.S, no need to write in boldened and bigger fonts, texts would as easily be read when in the default format
3715  Other / Beginners & Help / Re: Liquid Exchange hack: cyber actors stole personal data on: November 19, 2020, 12:44:39 PM
It's good that no amount of money is lost, however, the cyber actors where able to harvest "included real name, home address, emails, and encrypted passwords."

So for those who have an account in Liquid, and haven't change their password and emails, please do so.
They should equally change any other account they own using the same details. People sometimes tend to repeat passwords (or similar patterns) and use one main email address for important profiles, these could potentially expose them. The email address itself could get compromised if the password is related to the one used to generate it.

And since the hackers have stolen the email addresses, expect a lot of phishing emails, similar to what happened to Ledger breach wherein in the last month alone, we have seen phishing emails and there are people who have fallen for it.
If possible, affected users should quit using those email addresses, as even Liquid cannot verify the extent of the breach, and personalized phishing attempts would expose them to hacks.
3716  Other / Beginners & Help / Re: My trading story on: November 18, 2020, 07:04:36 PM
<...>
Sorry about your situation.
It's expected that people would be skeptical about investing in your skill again, especially if you've experienced huge losses before. And I would advise you do not try to get funds that way, especially if it's not amounts you can pay back should the trade go bad. As I said; slow and steady. Good luck!
3717  Other / Beginners & Help / Re: My trading story on: November 18, 2020, 06:52:38 PM
I had little money left  so I did few good trades... but its not enough to change anything Sad
The sad is this now that i know how to trade and im experinced that skills dont help me anymore!!
You should not expect to get life changing profit from trading within a short period of time. You say you have the skill and a little capital which has yielded some gains, try putting the gains back in and attempting to get some more, rinse and repeat. All these while keeping it simple and using minimal risk. You wouldn't want to make the same mistake again;
I use to trade cryptocurrency long time i lost a lot.
You shouldn't get overconfident and throw in huge amounts, especially if you're looking for other people to invest in you when you are in a desperate position. Grow your skill and also your profit; slowly and steadily.
3718  Other / Meta / Re: Why do people engage in pointless discussions with obvious trolls? on: November 18, 2020, 06:31:59 PM
In some situations, even if the OP is a low value topic, there can be some discussions within the thread which can be relevant and stir up more replies, so users engage that new line of discussion, which could be somewhat related to the original topic to not be completely off (it doesn't really have to be, as the OP was not a relevant topic).
It could also be to meet post count or the numerous other reasons already given here.

I'm not sure what I wanted to say now, but I'll somehow accumulate enough characters in this post to be eligible as a good and constructive post. if anyone answers me here, I probably won't reply, because this post will be overwhelmed with more quality posts like this.
Cheeky reply, I doubt there would be enough more quality replies to top this.
3719  Other / Meta / Re: Why aren't AUTO-BANNED user's threads deleted (or at least locked)? on: November 18, 2020, 04:35:51 AM
OP's get banned and their scam or spam threads remain.  I do understand they don't directly get banned for scamming.  
Spam posts gets deleted without the user who started the thread being banned, if you come across one the mods may have missed; drop them a report to draw their attention to it.

Scams on the other hand are not moderated, this means mods cannot take any action to that effect. Deleting thread is an action and would require the forum to have a system in place to check and verify possible scams. The DT and trust flags are in place to check scams, some boards in the marketplace section also has newbie warnings to tell users they are in a high risk area.
3720  Other / Off-topic / Re: Do I need to be in favor of the company I am advertising? on: November 17, 2020, 08:00:07 PM
while the campaign manager nor the casino didn't tell you to talk about them in the post you are to make, they surely want someone who will do that. but you doing it will be like kissing asses.  
This is actually usually wrong. No credible manager would expect participants to squeeze their brand into every discussion no matter how unrelated the topic is and there's only so many threads someone can make about a particular topic without being an obvious spam. Managers rather want users who contribute constructively while staying on-topic, their replies gets read more as other members expect quality from them and by extension the company is promoted.

Some brands favour spamming over actual organic advertisements and these are the ones who would require one to make threads about them or fix their link into every reply.
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