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3981  Other / Beginners & Help / Re: A question I should have asked on my first day here on: September 19, 2022, 05:18:03 AM
Addition to what nc50lc said, when you make a swap/add liquidity, etc, exchange will ask you for approval permission to use your funds:

1) 'Approve once' mean that you give exchange to use your funds only once. After that, for next action you will have to make approve transaction separately.

2) 'Approve all' would give platform access to use your all funds for any reason without asking any further approve permissions whatsoever.

You save $ in gas fees here but were exchange smart contract to get hacked or someone to find exploit, you would lose your all particular 'approve all' fund.



All in all, stick with 'approve once' transactions, it's safer.
3982  Other / Beginners & Help / Re: 100 Questions newbies keep asking about Bitcoin on: September 19, 2022, 04:50:45 AM
Questions with speculative answers shouldn't be in list tbh
3983  Bitcoin / Bitcoin Discussion / Re: How mentally prepared are you? on: September 19, 2022, 04:49:08 AM
If you are not mentally prepared for Bitcoin investment, it can lead to mental retardation.
To start, they must learn about Bitcoin and achieve knowledge about Bitcoin. Basically, when they understand basics of Bitcoin via Bitcoin Whitepaper, Bitcoin Wiki and other resources, they will begin to have belief in Bitcoin.

That is a start of their mental preparation and as said, it should be triggered by knowledge. Without basic knowledge about Bitcoin, no one can strongly belief in Bitcoin, can not mentally prepared for their investment in Bitcoin.

Haven't read wp, wiki - might have read other stuff tho by chance and I believe in BTC. I mean you don't have to force yourself into reading if you don't want to.
3984  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't keep connected your wallet to a Dapps for a long time. on: September 19, 2022, 04:41:03 AM
Afaik, connecting wallet doesn't give anyone access to your wallet, any transaction would have to go through you only, unless dapp was given 'approve all' permission.
3985  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: September 18, 2022, 06:06:43 AM
^ eth fees are pretty low already, mostly < 20 gwei these days, in single digit often as well.
3986  Alternate cryptocurrencies / Altcoin Discussion / Re: Will "De-Fi" platforms be subject to KYC/AML laws in the future? on: September 18, 2022, 03:27:58 AM
Dunno exactly, but there should be workarounds around that as you might be able to access these platforms with different frontends. After all, they can only censor frontend and not the smart contract itself.
3987  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH is always one step behind the competition on: September 18, 2022, 03:27:36 AM
Ethereum was first to have smart contracts afaik — being early advantage, and community matters a lot in valuing a coin. Just look at doge.

3988  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How to attract users to the blockchain game ? on: September 18, 2022, 03:15:49 AM
Some top of my head — proper beginner's guide, p2e so player can still play despite having low player count, wide devices support, game should be lightweight on both device and Internet.
3989  Alternate cryptocurrencies / Altcoin Discussion / Re: LBRY Token (LBC) Real world valuation??? on: September 17, 2022, 06:01:19 AM
Know this project since 2017, I like to think it's out of fuel. Their Twitter is filled with politics more than project updates.

...When they started, they had like 10 users, a terrible app and no web interface. Then they built up their product. Then in 2020 they launched lbry.tv, soon to be Odysee, and it had well under 1M users/mo. Now they have over 50M users/mo and are growing fast. I'd be shocked if they weren't over 100M users/mo in 2023 and growing...


From where did you get active userbase numbers? Looking at view counts, it doesn't look 50M imho.
3990  Alternate cryptocurrencies / Altcoin Discussion / Re: LBRY Token (LBC) Real world valuation??? on: September 17, 2022, 04:16:05 AM
Know this project since 2017, I like to think it's out of fuel. Their Twitter is filled with politics more than project updates.
3991  Alternate cryptocurrencies / Altcoin Discussion / Re: Tokens/coins with insanely high inflation will not be not profitable ever on: September 17, 2022, 03:40:45 AM
...So why the hell do they keep coming back on the markets?...

Maybe cause they don't know as you do, most usually get blinded by high apy/apr(s). If price is $1, they will think, with such apy I'll get this much amount by this much time and I'll be set. I know cause I have been there.

And then you are mere bag holder, at $0.00001 price.

3992  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Governance on: September 16, 2022, 02:53:50 AM
You raise the right points, as there is saying, there is nothing perfect in the world. You mostly have to choose between lesser of evil between the two. For eth however, I like to favor the PoS as it could have significant environmental impact and community appears to mature enough to make right decisions.
3993  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: September 16, 2022, 02:11:20 AM
~
ETH Merger or Ethereum 2.0 will have an impact on User Fees which will definitely be cheaper.
DIGITAL GOLD which continues to be consistently on the Ethereum network will benefit even more because there will be no more over-priced fees.

"The Merge is a change of consensus mechanism, not an expansion of network capacity, and will not result in lower gas fees."
3994  Other / Meta / How would bitcointalk community react to bitcointalk nfts on: September 15, 2022, 02:12:43 PM

1) Basic one





2) I guess this would be pretty expensive one





3) Username nfts





Just a quick edit from these: https://opensea.io/collection/eipandas


3995  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: September 15, 2022, 11:03:40 AM
I exchanged gold to eth but marketplace doesn't even recognize receiving transfer at all.
3996  Alternate cryptocurrencies / Altcoin Discussion / Re: Next 1000x Potential Qaziku coin | Mankinds Journey to the Stars | on: September 15, 2022, 06:21:09 AM
Most obvious scam I have ever seen.
3997  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the most trusted stable coin currently (in your opinion)? on: September 15, 2022, 06:19:08 AM
USDT appears to always get the heat, why? They update the balance sheet daily: https://tether.to/en/transparency/

Next would be usdc.
3998  Alternate cryptocurrencies / Altcoin Discussion / Re: Anyone else feeling let down by crypto Play to Earn gaming sector ? on: September 15, 2022, 06:10:11 AM
On Hive blockchain there are several p2e games, couple running for last few years as well, however they might come under your lame list as ui/ux might not be the best out there. These games are usually run by few people and are pretty approachable on discord.

I play:

Dcity — https://dcity.io

Dcrops — https://dcrops.com
3999  Alternate cryptocurrencies / Altcoin Discussion / Re: trading strategies how to turn 50$ into 100k$ in a month ? on: September 14, 2022, 04:41:23 AM
No trading strategy for $50 to $100k I guess, but as you mentioned you just gotta get very early in 'potential' projects which turn out to be next shiba/doge/btc.

4000  Alternate cryptocurrencies / Altcoin Discussion / Re: Would you stake stablecoins now? on: September 14, 2022, 04:35:11 AM
I don't think there is any safest yield, even what we consider safest as in irl banks they get bankrupt. Would go with — put money in yield you can afford to lose.
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