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3961  Economy / Speculation / Re: A guy celebrating Bitcoin reaching $100 on: February 22, 2021, 11:18:55 PM
Update everyone
The guy on the video got another video a few days ago which I saw on the Twitter of @DocumentingBitcoin.

If you will check the tweet here: https://twitter.com/DocumentingBTC/status/1363157120041033732?s=20

The answer for the majority question of the people to the guy is he HODL along the way? The answer is yes, and as he said, he bought more and HODL again. Congratulation to him for having no weak hands, he really worth the patience!
3962  Bitcoin / Bitcoin Discussion / Re: 1NiNja1bUmhSoTXozBRBEtR8LeF9TGbZBN on: February 22, 2021, 11:06:59 PM
It's probably a paper wallet Wink
And it's probably he lost the private key,  Smiley
Damn, that's a scary thought.  Shocked
If he lost the private keys, he can probably change the donation bitcoin address on the bitaddress website anytime.
As what @BitMaxz said, he/she still active on Github. But the repository of Bitaddress is still no changes or other commits since 2016.
The owner got diamond hands Cool, HODLER  Cool.
3963  Alternate cryptocurrencies / Altcoin Discussion / Re: And yet another problem for promoters on: February 20, 2021, 09:30:42 AM
Are you joking?

Only 1% bounties are paid with BTC, USDT and Tron or can be called top cryptocurrencies, while the rest pay using it's own token. They're not paying with Ethereum, but their token are run in Ethereum network... that's why they complain about the high fees (also with Bitcoin).

Then if you afraid of this problem, all you need is just avoid all bounties paid on their own coin.
I think OP wants to say is their own token run under Ethereum network, that's why the transaction fees can is high if you do transactions under Ethereum.

A solution is to find other bounty campaigns that don't run under Ethereum network or some payment method are not in Ethereum network.

This has already happened recently with Amepay bounty campaign, there is a user who created a thread under Scam Accusation because of this problem.
Check the thread here: Amepay does not keep payment promises Bounty
3964  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Reef coins on binance on: February 20, 2021, 09:21:26 AM
I am bullish on Reef because they are powered by the Polkadot ecosystem and they are also another DeFi project which is one of the trends these days. They are under Polkadot so I believe users will not complain about the transaction fees just like on Ethereum now. If you also try to look at their roadmap, at Q3 2021, there you can see the NFT Baskets. So, they will gonna enter the NFT which is starting to trend again these days.
3965  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Why is it cheaper to replace 1inch with uniswap than with 1inch.exchange? on: February 20, 2021, 09:03:04 AM
Have you tried to check the GAS fee you set? You can try to compare the two with the same GAS price for the transaction fee.

But I think it is because 1Inch is using Balancer as liquidity source instead of Uniswap or other sources.
If you are really concerned about the transaction fee, then Uniswap is the best for you.

You can read more about the comparison of 1Inch and Uniswap here: https://dappgrid.com/1inch-vs-uniswap/


3966  Bitcoin / Hardware wallets / Re: Safepal Vs Ledger Nano S : Which is better on: February 20, 2021, 08:54:16 AM
I'll go with Ledger Nano S. I don't want to put my Bitcoin or other cryptocurrencies in danger. I just rather pay a bit higher than losing all my Bitcoin.
Ledger is already proven and tested since the beginning. And addition, have you tried also to check Trezor? Maybe you can try to check it and change your mind.

If you check this, Kraken Security Labs founds flaws on Safepal hardware wallet: Kraken Security Labs Finds Flaws in Safepal S1 Hardware Wallet


I just found this comparison of 3 hardware wallets, Trezor, Leger, and Safepal here.
3967  Economy / Speculation / A guy celebrating Bitcoin reaching $100 on: February 20, 2021, 08:43:45 AM
Update:
HE HODL!
The guy on the video got another video a few days ago which I saw on the Twitter of @DocumentingBitcoin.

If you will check the tweet here: https://twitter.com/DocumentingBTC/status/1363157120041033732?s=20

The answer for the majority question of the people to the guy is he HODL along the way? The answer is yes, and as he said, he bought more and HODL again. Congratulation to him for having no weak hands, he really worth the patience!


If you will check the video how happy the guy is when Bitcoin breaks $100 before. You can see in his eyes how happy and proud the guy is. I hope he still got Bitcoin and has a diamond hand.
I just checked when Bitcoin breaks $100, it was around April of 2013.



Youtube video here: https://www.youtube.com/watch?v=gsNutm8c4Dk
P.S. I don't own the video, I just found it on Youtube.
3968  Local / Pilipinas / Re: Bilyonaryo dahil kay BTC on: February 20, 2021, 08:32:33 AM
(....)
Additional: kung ikaw siguro ang may ganyan at nalaman ito ng publiko, hindi ako magtataka kung panay na ang utang at pa-balato sayo ng mga kakilala mo, at siguradong hinahabol ka na ng BIR ngayon.  Cheesy
Wala namang problema sa balato 😅 ung BIR tiyak panigurado milyon ang ipapataw na tax sayo. Pero sa ganitong sitwasyon pano nga ba nila hahabulin kung galing sa crypto ang pera? Nag trade ka at nagbayad ng fee sa isang exchange company, di ba dapat sapat na un?
Bilhin mo na lang ang BIR Grin


Sana totoo na taga Pilipinas yung may hawak ng cellphone. No hate here but mahirap agad maniwala pag walang proof like more pics or signed message(pero blockchain wallet, centralized, di pwede mag sign ng message).
Sa ganyang dami ng Bitcoin, idagdag mo pa yung mga forked coins like Bitcoin Cash.

Kunting paalala, nakakatakot humawak ng bitcoin sa ganyang klaseng wallet, custodial wallet, pwedeng itakbo yung Bitcoin.

3969  Bitcoin / Bitcoin Discussion / Re: Bitcoin Mining – Made in China on: February 20, 2021, 08:12:28 AM
What is your take on all of this? Do you believe that countries like USA, Canada, Russia, etc. will become the powerhouses of mining operations in the future?
It will always possible. As Bitcoin continues to grow, a lot of entity starting bitcoin mining businesses and yes, these countries can join the club with China. It will help the hash rate to become allocated in separate countries/entities. And the threat of China to decentralization can be solve.

Do you see China as a treat to decentralization?
This is also what I am worried about. This question becomes somehow trending on Twitter few months ago I think, I read some articles that talk about this that China got some biggest mining pools around the world.
Speaking of decentralization, there will be a solution for it. People will not allow China to control the Bitcoin network, as Bitcoin is created for being decentralized, and I believe China will not even attempt it.
3970  Bitcoin / Bitcoin Discussion / Re: Where would you sell if you had bought 10 Bitcoin at $100? on: February 20, 2021, 08:04:29 AM
I am treating Bitcoin these days as an emergency fund, I won't sell until I don't really need cash. To be honest, having Bitcoin taught me to become more thrifty or wise on spending some money.

Selling Bitcoin for taking profits is not bad at all, we can still buy anytime. Some people have their own price target, so maybe they will sell some portion of their holdings just to buy some things or use it in good ways. Just like what I did before, I sold some of my Bitcoin to buy a laptop, and that laptop helps me to earn more Bitcoin buy working on some gigs that paying Bitcoin .
3971  Economy / Web Wallets / Re: Unconfirmed transaction on: February 20, 2021, 08:00:00 AM
Should I just shut down the wallet to stop it rebroadcasting the transaction?
Even you shutdown the wallet or uninstall it, your transaction is already in the network. Just like what bl4nkcode said, "waiting" is the only solution here.
Currently, recommended satoshi per byte on a transaction is around 23 sat/byte, that's why next time, you should use the recommended transaction fee or much higher so it will not be stuck and your transaction will be confirmed in just a short period of time, you can use this coinb fees or this nextime.
3972  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do you love Cardano? on: February 19, 2021, 10:38:30 AM

To be honest, I really don't admire Cardano at all.
Speaking with the price of it on Bitcoin pair, it's clearly showing how the price of Cardano suffers from the beginning.
As time goes by, there is a newer project that surpassing Cardano, just like Polkadot, which for me is more advance than Cardano even this Polkadot is still new, a lot of projects starting to migrate to the Polkadot ecosystem, especially smart contracts from Ethereum.

But I am not a hater here, there are still a lot of room for development for Cardano, the team behind on Cardano is smart and staying above Top 10 by marketcap is extremely excellent.
3973  Economy / Web Wallets / Re: Unconfirmed transaction on: February 19, 2021, 10:27:06 AM
Can you share with us the TXN ID of your transaction? (if not it is okay).
Recently we encountered a lot of traffic on Bitcoin network which a lot of transactions are still pending, check here: https://jochen-hoenicke.de/queue/#0,1w

What Bitcoin wallet did you use to send a transaction?
There are some wallets you can't update your transaction, like increasing the transaction fee for the transaction to get through. You can try to use Replace By Fee (RBF)    
"Replace-by-Fee": How to increase fee from Electrum?

This tutorial is using Electrum Bitcoin wallet, if you are not using Electrum, try to check if your wallet can be imported in Electrum and try to do the RBF method on your unconfirmed transaction.
3974  Bitcoin / Bitcoin Discussion / Re: Bitcoin Physical Attacks getting more serious on: February 19, 2021, 10:08:19 AM
Having a big number of Bitcoin isn't something we need to show up to the people. Especially, about the private information, including where we are holding the Bitcoin and how we manage it. It is a stupid idea to tell people about it. Don't blame hackers or bad people if you trigger them to target you! That's about how our attitude. If we are careless, it can harm us!!
Yep, it's kinda you are luring those attackers to you if ever you disclosing your portfolio or how much Bitcoin you hold. Staying lowkey or off the radar is nice. But we can't force people, there are a lot of people who are showy or very happy disclosing their wealth online, especially on social media, I know some people like that non-crypto or crypto-related.

3975  Bitcoin / Bitcoin Discussion / Re: Motley Fool adds Bitcoin to model portfolio *and* buys some too on: February 19, 2021, 09:07:31 AM
Yeah well, it's good news because just a couple of months you could read things like this on their website:

Here's Why I Won't Buy Bitcoin, and You Shouldn't, Either.




I think it's all part of the plan Wink. Institutions want to buy cheaper Bitcoin, especially on retail investors, that's why their best moves are these kinds of FUD. But yet, Bitcoiners already learn their lessons over the past few years and developed diamond hands to hodl Bitcoin.
It's just like what Elon Musk did, making fun of Doge Coin and pure hype, after few days, Tesla bought $1.5b worth of Bitcoin.
3976  Economy / Trading Discussion / Re: Don't stay on with a wrong trade on: February 19, 2021, 08:55:56 AM
sometimes its good to reduce your loss especially if you do not have enough capital or good stop loss. at times a trade will hunt for stop losses before moving to the direction that you predicted. (.....)
Are you entering a trade at first without a stop loss?
I think the best idea is to plan first before entering a trade, you identify your 1.) Entry price, 2.) Price Target, and 3.) Stop-loss.
Speaking of the stop-loss and price target, the best is also to measure the risk-reward ratio.
Where, how much you are willing to risk for this x price target?
You will risk 5% of your position size for 15% of profits, risk-reward ratio is 3, which for me is quite good, 2.5 - 3.
3977  Bitcoin / Bitcoin Discussion / Re: Bitcoin at $50k: Looking back at the price perspective on: February 19, 2021, 08:37:42 AM
Those investors who bought at that price, do still they manage to hold it until now? I doubt it. But then of course they sell it off at profitable price and rebuy bitcoin again.
(.....)
If they don't have diamond hands, probably sold at very early. But profits are profits, there is nothing wrong for taking profits, especially those people or investor have a goal or price target that if a particular price reached, they will sell some of their holdings or sell all. And it will up to them if they will re-enter or buy again on specific prices since we saw a lot of volatility and huge dumps for the previous years since 2010.
3978  Alternate cryptocurrencies / Altcoin Discussion / Re: I think POLKADOT is still really undervalued on: February 19, 2021, 06:02:51 AM
I have this funny theory that projects like DOT and ADA would have been closer to ETH by marketcap by now if not for the Binance Smart Chain. Binance was smart enough to pull a move under their nose Grin The've taken a lot of markets (DEX and DAPPS) that were expected to migrate from Ethereum.
https://i.ibb.co/GCSQWrD/Untitled.png
^ See what I mean?
You got a point, but I believe it will only in the price/market cap. If you deep dive into the Polkadot ecosystem, you will appreciate and surprise, especially they are using the Substrate framework for creating different platforms. There are some projects that are starting to shift from the Ethereum ecosystem to Polkadot, you can see the list here: https://coinmarketcap.com/polkadot/.
Why not in Binance Smart Chain? As I remember, there was a lot of issue against Binance before, especially on the launch of their so-called "DEX", which a lot of people complaining it's not a DEX/Decentralized exchange.
3979  Alternate cryptocurrencies / Altcoin Discussion / Re: COINS THAT REACHED ATH TODAY on: February 19, 2021, 05:51:48 AM
I observed that most of the coins that reached ATH today are Exchange tokens, just like Bitmax Token(BTMX), Binance Token (BNB), FTX Exchange Token (FTT), Houbi Token (HT), Okex (OKB).
What's with the exchanges?
I think they are following the current top 3 for the highest market cap which is Binance (BNB), and a lot of speculative it is because of Binance Smart Chain (BSC) of Binance.
3980  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BINANCE COIN (BNB) as 3rd BIGGEST COIN right now!!!! on: February 19, 2021, 04:47:03 AM
There are some Ethereum maximalists or developers that saying Binance Smart Chain is not decentralized, even the Binance DEX, it was not built a decentralized way.
But even though, we should respect the pump. It's just normal that some people may start talk negatives on some projects because they have found that is not good for them.
I am a BNB hodler before when it was still below $50, but I converted it to FTT, I think I made a mistake there, lol  Cheesy
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