One thing I don't understand is why people always compare entirely different assets. Binance coin (BNB) and Ethereum (ETH) are both cryptocurrencies. But apart from that, there is hardly any similarity between these two. Ethereum is essentially a smart contract platform which uses the Blockchain technology, while BNB is essentially an exchange coin designated for usage within the Binance exchange. It is not widely being used to create smart contracts. As of now, thousands of tokens have been created on the ERC-20 platform. On the other hand, the number is quite low with the Binance Chain blockchain.

Not many people are going to be happy with my reply, because on the top of my list are the forked coins such as Bitcoin Cash and Bitcoin SV. I am not a big fan of BSV, since Craig Wright himself has admitted that this coin is manipulated heavily. But I am having a more favorable opinion about Bitcoin Cash. This coin is also supported by industry heavyweights such as Jihan Wu and Roger Ver, so we can expect a lot of manipulation. But from what I have seen, although there is manipulation, it is not as high as we have in coins such as BSV and XRP.

A lot of altcoiners are dreaming about a repeat of the altcoin bull run of 2017. I have nothing against any of the altcoins. But you guys needs to be realistic. If there is no practical usage for the altcoins, why the value should go up? Even the ICO market is in its deathbed. At this point, don't you think that the altcoin market may witness an extended bearish phase? Bitcoin forks are doing exceptionally well, but there are reasons. But for the altcoins, I don't have much hope remaining. At least not for the near term.

Surprised by all the controversy surrounding the omission of Fawad Alam. It is true that he performed well in the domestic tournaments this year. I heard that he managed a double century against Southern Punjab during the Quaid-e-Azam Trophy. But one thing everyone needs to remember is that the quality of the domestic cricket in Pakistan has gone down during the past few years. If a player performs well in the domestic tournament, then that doesn't automatically means that he is going to perform well at the international level.

No. They are not going to release it anytime soon. The timelines have been postponed too many times. And if they rush it, then the consequences are going to be catastrophic. Ethereum is not as secure as Bitcoin or the other mainstream cryptocurrencies, and several exchanges hacks (including that of Cryptopia) have been blamed on these vulnerabilities. If they rush through the new algorithm, then I am sure that there will be even more security issues and the hackers will be able to make a killing out of these.

I would never trust Coin Telegraph, because they have a long history of publishing fake news. This particular news item didn't appeared in any other Bitcoin related media. So I assume that it is unconfirmed. Most of the Bitcoin mining farms in China are located in remote provinces such as New Mongolia Autonomous Region, which have remained largely free of the virus till now. Also, the lockdown is affecting the major urban areas and not the rural districts where the vast majority of the mega farms are located.

^^^^ LOL.. try explaining this to today's youth. A large majority of them live in the left-wing dream paradise and never think about getting a job that pays well. I have seen a lot of these youngsters going for subjects such as Medieval history and gender studies. Now I don't have anything against these subjects. But the problem is that there are not enough jobs available in these niche fields to accommodate such huge number of students who are graduating out every year. So obviously, many of these losers will be left jobless once they finish their courses.

So what they will do next? They will brand themselves as activists and get associated to some tree hugging group. They will starge protests and demonstrations whenever a proposal for a major infrastructural project comes up. And in the end, we get people such as Eleanor Saitta.

650,000 BTC in total (plus significant amounts of fiat and other cryptocurrencies such as Litecoin and Namecoin). Back then, it was worth close to $500 million. At present exchange rates, the BTC stash alone would be worth somewhere between $6 billion and $6.5 billion. I am 99% certain that it was Craig S Wright who masterminded the Mt Gox robbery. If this can be established, then this guys must be convicted and sent to prison for ruining the lives of tens of thousands of people. On top of that, Alexander Vinnik who is currently imprisoned on fake charges (including a charge related to Mt Gox robbery) must be immediately released from prison.

I am afraid that they can't do that, under the current laws. Seized assets from the crime must be converted to cash and used for the proceedings. And this is not just applicable in the United States, but across the globe as well. Even in Japan, the Mt Gox bankruptcy trustee decided to sell most of the remaining coins, in order the compensate the victims of the crime. I heard that he has temporarily paused dumping the coins, but more than half of the recovered coins were already sold when that decision was made.

My story with Bitcoin is a bit strange. I got my first coins sometime in 2012, when the exchange rates were less than $10 per coin. But in 2013, I was able to increase the Bitcoin holdings significantly, with the help of faucets and signature campaigns (in particular the Prime Dice signature campaign, which was paying BTC2.40 per month). At one point, I had close to 70 BTC in my wallet.

I guess I got greedy then. I invested in Litecoinglobal, with around 30 BTC. Lost the entire amount when the site closed down. And then I became demoralized. Faced some financial issues in 2015 and had to sell most of my remaining coins for $250 per coin. Now my holdings are only a fraction of what I had in 2013. Anyway, no point in thinking about those days.

In order to become a billionaire, you need to go back to 2011 and 2012 and then purchase Bitcoin. By 2014, BTC had already reached close to $1,000 per coin. Bitcoin is just like any other asset. Those who invested in it earlier got good rewards. In the stock market, you can see multiple examples for this. Anyone who had invested in the Microsoft IPO of 1986 or the Yahoo IPO of the 1996 got huge returns. The same is the case with those who invested in real estate, back in 1990s in suburban areas.

Binance is dependent on Changpeng Zhao much more than Ethereum is dependent on Vitalik Buterin. Ethereum will survive even without Buterin, but the same can't be said about Binance Coin and the exchange. Ethereum has been in existence for more than 6 years now and a lot many of the bugs and issues have been fixed by the developers. Compared to that the Binance Coin (BNB) is relatively young and we are yet to notice many of its potential security issues and flaws. It will take a few years more to mature.

I am glad that Ethereum is rising in value. But the future prospects still look bleak for me. ETH gave 100x plus returns in 2017, mostly due to the hype surrounding the ICOs. And the ICO market is almost dead now and I don't think that there will be a revitalization or revival in that sector. And if we are talking about the usage in making payments, then Bitcoin is having far more acceptability when compared to Ethereum. I am bearish on ETH right now and I am expecting the prices to decline in the long term.

I understand that the newbs have very few options for earning cryptocurrency nowadays. When I first started with cryptocurrency, there were a lot of options. Faucets used to give as much as BTC0.0001 for a single visit and there were a lot of giveaways here in Bitcointalk. But as the exchange rates went up, all these promotions stopped. And back in 2017, bounties emerged as one of the best options to earn cryptocurrencies. But now the ICO market is down, and most of the bounty campaigns are not paying the rewards. At this point, you can't expect much from the bounties.

Tim Draper is the same guy who claimed that BTC will be eventually having an exchange rate of $250,000 per coin (the deadline he gave for achieving that level was 2022). The price that he paid for the 30,000 coins was never disclosed, but it was rumored that he (as well as the others who purchased Silk Road coins) paid a price which was higher than the prevailing exchange rate at that time. One reason given for the higher price was that the coins are now 100% clean, since they have been passed through the hands of the US Marshals.

We still have a lot of individuals (who are in their middle-ages or even older), who prefer not to deal with money online. They don't want to do financial transactions through smartphone or laptop. The Bitcoin ATMs appeal to such people. Another aspect is the privacy. In countries such as China, the authorities are monitoring what is going on in the online space. So if you want to stay under the radar with your cryptocurrency dealings, then you need to depend upon offline modes, such as Bitcoin ATMs.

LOL.. Bitcoin is only 11 years old, while gold has been used by as a valuable object by the humans for more than 5,000 years now. In order to behave similar to gold, Bitcoin needs to have the same characteristics as gold, which looks impossible at this point. Bitcoin is different from gold in 99% of the aspects. The only similarities include scarce supply and lack of control by the central banks or government. But you really can't compare a digital asset which doesn't exist in physical form with gold or any other precious metal.

I haven't heard about Tamás Blummer, but I feel saddened by the loss. He got involved with Bitcoin in 2012 and that was the time when I got my first Bitcoins. During the past few years, a number of Bitcoin developers have bid farewell, after losing their battle with cancer. One name that comes to my mind right now is that of Alexandru Bogdan Semenciuc (better known as Paraipan). He was the owner of Rugatu, one of the earliest Bitcoin startups. He died from brain tumor, sometime in 2014.

These idiots were hiding in their caves when the Bitcoin exchange rates were hovering around $5 per coin in 2012. All of them suddenly became active once the prices reached four digits. Even here in Bitcointalk, there are multiple threads requesting members to donate their Bitcoins to alleviate global poverty and all that shit. Those who became rich from Bitcoin are not liable to do anything to alleviate global poverty or to contribute to anti-climate change measures. We became rich because we took the risk in 2012 and 2013, when Bitcoin was relatively unknown. All these people who want others to donate their money are doing so because of jealousy.

These Russians are always overconfident. They have managed to stay alive for so many years. Now what is the need for them to go for a global expansion? They should stay under the radar or the FBI. Even earlier, there were a number of Russian dark markets which managed to stay alive for many years. Some of them tried to expand into the United States and that was when they got whacked.

Even the BTC-e exchange was going strongly, when the US authorities wanted them to conduct KYC for the American users. The BTC-e guys bragged that they are not going to do any KYC and challenged the American authorities. Their exchange got nuked in a few weeks. Even after that these guys didn't stopped provoking the Americans. They came online with Wex.nz and once again challenged the Americans. And this time the FBI finished them off permanently and put Alexander Vinnik behind bars for the rest of his life.