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41  Bitcoin / Bitcoin Discussion / Re: Have Bitcoin mining and market prices been de-Chinese and more decentralized? on: August 02, 2021, 06:26:35 AM

Why is Bitcoin going to be sinicized? Bitcoin itself is decentralized. I think if it is said that miners and mining pools are "de-sinicized", I can still accept it. Bitcoin is free, and he is still what he is. Unfortunately, some people guide maliciously and mislead people seriously by creating various messages.


Why is Bitcoin going to be sinicized? Bitcoin itself is decentralized. I think if it is said that miners and mining pools are "de-sinicized", I can still accept it. Bitcoin is free, and he is still what he is. Unfortunately, some people guide maliciously and mislead people seriously by creating various messages. Join China's total ban on all Bitcoin activities, and Bitcoin will continue to develop. I won’t look at the face of China. Maybe one day many countries will enter the Bitcoin field. At this moment, Bitcoin will say SORRY to China. For example, even if Tokyo bids for the Olympics, I still don’t like the opening ceremony of the Tokyo Olympics. , Qun Demon Flurry, I am not more interested.
42  Bitcoin / Bitcoin Discussion / Re: The Idea of Bitcoin As A Religion on: August 02, 2021, 06:05:59 AM
Bitcoin is a decentralized, peer-to-peer electronic cash payment system. We support Bitcoin. There is no doubt about this.

Some people say that Bitcoin is a product of civilization in the new era. I also accept it.
 
But religion is an ideology. We believe in Bitcoin, not because Satoshi Nakamoto is a god, but Bitcoin is a practice of truth. Bitcoin is based on the crystallization of many scientific disciplines such as cryptography, mathematics, and economics, rather than the will of God.

Bitcoin's non-tampering, non-repudiation and irrevocability provide an excellent tool for credit.

At the same time, this kind of non-repudiation, non-tampering, and irrevocability is unprivileged, equal, and does not require third-party credit or guardianship. The Bitcoin consensus is more like a consensus on economic mechanism innovation. Natural consensus.

Bitcoin will follow the mechanism for selecting the superior and eliminating the inferior.

Religion is a theological concept. There are some abstractions. When people are in trouble and helpless, they will think of God.

Most of the guidance that religion gives me is to live with kindness and not to do bad things, and to learn to live in harmony with the natural world, not Some concrete practices and truths.
 
Religion is often the guide of the ideological realm.


43  Bitcoin / Bitcoin Discussion / Re: What amenities will you have in your citadel? on: August 01, 2021, 01:28:06 AM
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There is a three-story house in San Francisco not far from Silicon Valley. Everyone calls this house "Crypto Castle". The landlord is 25-year-old Jeremy Gardner, who works in blockchain-related technology. 2015 In 2009, he rented this house for sub-rental. The house can accommodate a total of eight tenants. Most of them are technologists in their 20s. Many people moved in because they could not find a place to live. "There are more than 60 people. A tenant became a rich man because he lived here."



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Just near the Crypto Castle, there is a building called "Crypto CrackHouse". It also houses young people who invest in virtual currency. The corridors inside the house have names, not only "Bitcoin Boulevard" but also "Ethereum Boulevard". "Ethereum Alley".



In today's world, there are still a few people who know and understand Bitcoin. The goal of Bitcoin Castle is an agreed whole world, not a house and different co-tenants. Therefore, in addition to gaining wealth and freedom from Bitcoin, it is also necessary to promote Bitcoin. Although altcoins are overgrown, they have also played a positive role. Hello kaggie, just like your account, you are the person who has won the most merits in July. Come on, I will follow you. Give Bitcoin some time, and the future Bitcoin castle will be very wonderful.
44  Bitcoin / Bitcoin Discussion / Re: Have Bitcoin mining and market prices been de-Chinese and more decentralized? on: August 01, 2021, 12:36:36 AM
When will people understand that a country's miners having over 51% of the global hashrate does not mean China is in control of Bitcoin? A country's total mining power doesn't mean all these guys are working together. In fact, this is why there are multiple miners rather than just one.

Also, China has nothing to do with the market prices. Worst they can do is release FUD, but even that has an end all the time. I'd rather think Musk has more influence over the markets than the Chinese do..


I agree with your point of view. In my opinion, no matter which area the miners are, they are like gypsies. The gypsies are looking for water, and the miners are looking for cheap power. The panic created by China and Musk, China is relatively straightforward, saying that it is forbidden and forbidden, Musk is too fickle, and Musk makes people even more annoying. Musk is not like the richest man with a sense of responsibility, but more like a clown on stage.
45  Other / Meta / Re: The Bitcoin Forum treats new members this way, and it will only go to extinction on: July 30, 2021, 02:30:34 AM
Are young people these days learning how to grow a spine and not be so fuckin' snowflakey?
That's so offensive, I'm leaving!


I am also a newcomer. I don’t participate in the bounty program, because I don’t like the feeling of being surrounded by ALT. Many people’s active value is very high, but the merit is 0. So I feel that the forum should set a high threshold for the bounty program, and there is no natural shielding. Value newcomer users will not have so many scams. When a person or a team is inspired by the interests, things become meaningless. If all the bounty programs can be interviewed and reviewed by the administrators and staff, I feel better. So I will feel like you in the future, it doesn't make sense, I will leave this section. In fact, there is some helplessness.
46  Other / Archival / Re: Binance Dramatically Reduces Daily Withdrawal Limits on: July 28, 2021, 08:10:42 AM

Binance, as the top digital currency exchange, has always been committed to bringing customers a safe, fast and convenient trading experience. Although many people remind me to go to a decentralized exchange, I still keep a part of it in Binance. The problem encountered is not the issue of the withdrawal limit, but the withdrawal of coins is very restricted, and the corresponding email verification code cannot be received. Sometimes you can only choose to cash out.

Today I also saw the following news.

Quote

Binance will transform into a well-regulated financial institution, and with an open mind, it will look for a successor CEO with strong regulatory and compliance experience to demonstrate the company's commitment to compliance. But CZ also stated that even if he removes his CEO status, he will not leave Binance.




What I want to say is that I hope that everyone stays away from centralized exchanges. Although it is sometimes fast and convenient, it is mainly because you can use leverage to make contracts. The currency withdrawal movement has been proposed for a long time, and I will be one of them. thanks.

Finally, congratulations to OP for breaking through 4K in the number of MERIT. Grin Grin Grin

47  Economy / Economics / Re: If you can get paid through cryptocurrency, do you still choose fiat currency? on: July 27, 2021, 11:02:59 AM
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In 2019, the New Zealand Revenue Agency issued an announcement stating that the receipt of cryptocurrency wages is legal and taxed accordingly. The new regulations will come into effect on September 1st, and New Zealand will become the first country in the world to legalize the payment of wages in cryptocurrencies. Many crypto enthusiasts believe that this is the country's official recognition of the cryptocurrency system, and it is also an important step in the maturity of cryptocurrency as an asset class, which will enter the daily payment field of the people.

In fact, many countries such as the United States, the United Kingdom, Japan, and Australia have already introduced cryptocurrency tax policies one after another.

The earliest origin of cryptocurrency as a salary payment can be traced back to Parissa Ahmadi, an Afghan girl who is a blogger, loves movies, and often publishes her opinions online. Since the Afghan girl did not have the right to have a bank account at the time, the income could only be transferred to the father's account. Fortunately, after her film company (Film Annex) learned about the dilemma faced by Parissa Ahmadi, the founder of the company chose to use Bitcoin to pay her salary.

In addition to girls in Afghanistan, dancers from Las Vegas strip clubs were also the first to accept Bitcoin as a salary.


Therefore, accepting Bitcoin as a salary is still in its infancy, just as there are still relatively few scenarios in the field of payment. But if my boss pays me salary in Bitcoin at the current price of Bitcoin, I will be very happy. I value the amount of bitcoins I hold more.
48  Bitcoin / Bitcoin Discussion / Re: The Data PROVES It: The Wealthy Were BUYING, As Amateurs Sold In Fear... on: July 27, 2021, 10:47:52 AM
This question is actually very easy to answer. A question can be divided into characters, time, and content.

1.There are two types of characters, rich people, giant whales or investment institutions such as Grayscale. The other is speculators, retail investors, or poor people.

2.The time point is that Bitcoin is in a period of sideways stability after a sharp decline, which will produce a certain degree of market panic.

3.The content is rich people or institutions, buying as many bitcoins as possible in the market panic. The other kind of people had to sell bitcoins in panic.

This is a normal phenomenon, and the data will naturally show up. This is not accidental, but inevitable, because the mentality and situation of the two people are different. One is to hope to obtain the largest number of bitcoins at the lowest price and hold it for a long time, which requires a higher rate of return. The other is because of the tight financial situation or the unfavorable pressure of the market, which makes it difficult to bear losses.

The first kind of people have detailed investment plans. The second kind of people are more random and don't know much about Bitcoin. So in this zero-sum game, patience and faith are required. In order to obtain the desired return in the distribution of wealth.

As our current investment project, Bitcoin is what I insist on. What I want to tell you is to allocate the investment amount and proportion reasonably, maintain a peaceful mind, stick to your beliefs, and don't be a doll that is manipulated at will

49  Bitcoin / Bitcoin Discussion / Re: Do you accept hackers’ Bitcoin donations to charitable organizations? on: July 26, 2021, 01:56:18 AM
for now I have not received bitcoin donations from hackers for charitable organizations, but in my estimation, charitable organizations can accept from anyone, as long as they don't say it was the result of hackers, then the charity is legal to accept donations from anywhere without having to correct where the donation came from..

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According to the British Guardian, the hacker organization Darkside donated 0.88 bitcoins obtained from blackmail to two charities, Children International and Water Project, worth $10,000. After the donation, Darkside published the receipts of the two charities that received donations on the dark web. According to the law, charitable organizations are not allowed to keep criminal proceeds donations, but the donations cannot be returned due to the donation encryption algorithm, and the organization is therefore in an embarrassing situation.

I personally say that I will accept donations from different sources. I don’t care about the process. I only hope that donations can be used by those who really need it. This is the most important thing.

But I don't agree with the statement that the hacker is Robin Hood. Hackers are thieves or robbers, not knights. In fact, for charitable organizations, it is known that the money is hacked, but it cannot be returned.
50  Economy / Economics / Re: Amazon will accept Bitcoin payment this year on: July 26, 2021, 01:27:36 AM
I know CityAM, I already follow them.  They are London based, that being the 'city'   This is bullish news longer term, raises utility and monetary velocity so value I presume.   Its already possible indirectly though I was tied to one specific franchise of Amazon and had to import goods because of that and pay postage so being able to skip the gift card and just use BTC would be useful to everyone.  
  Will Amazon stick with it and stay the course even if price doubles, I presume they can account for that.  The really bullish thing is if Amazon can do that then many other businesses can start to snowball into general usage we hope, whether it works out so smoothly (this year) but certainly speculatively it has to be some positive even right now.

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A new position of "digital currency and blockchain product leader" appeared on Amazon's recruitment bulletin board. Since then, people have speculated that Amazon is about to enter the cryptocurrency field. According to the job description, this employee will help formulate Amazon's digital currency strategy and product roadmap. This position requires expertise in blockchain, distributed ledgers, central bank digital currencies and broader cryptocurrencies.


For the time being, we don’t have to consider the authenticity of the London business newspaper CityAM and the real source of information. It has already brought a response to market sentiment. I hope it can be realized and have more ripple effects because of the wider application scenarios of Bitcoin Everyone is looking forward to it.

Amazon may accept Bitcoin payments this year! Bitcoin soared by US$3,000 in the short-term, and it was once close to US$40,000. This is the reaction of the market and what has just happened. This actually represents an expression of attitude, rather than a post on the Bitcoin forum today asking how to judge Bitcoin. When will the price bottom out? I think it's boring. For short-term operators who have no confidence, you can leave.
51  Bitcoin / Bitcoin Discussion / Re: Elon Musk and Jack Dorsey agree to talk about bitcoin at an event in July on: July 23, 2021, 06:48:09 AM
Any news involving the clown Musk have zero interest for me. The guy is only a manipulator narcissistic dude, his interests for me to get rich are zero as well so why should I care. I'm not that stupid to follow like the sheep. Next!


Wear a short skirt to play as a clown, Musk hosts "Saturday Night Live" This is Musk. Although in the digital economy era, the size of wealth depends on a person's perception, but I still don't want to get Musk's persuasion. I have unfollowed and no longer accept his tweets.
52  Bitcoin / Bitcoin Discussion / Re: The bitcoin market and miner will still in bull until start of 2022 on: July 23, 2021, 06:07:55 AM
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Bitcoin having was 2 years ago not this year and will happen again in 2 years.

The bull market starts after the previous cycle ends which was in 2019ish and we have been in a bull market ever since price broke the $4k resistance, and will probably remain in this bull market until mid 2022.


Although the market is currently in a relatively sluggish state, everyone has expressed anger at the Chinese government's approach to shutting down the mines.

I agree with you.

Although inflation in the United States is getting worse, Jackson, Tennessee, is considering using Bitcoin to pay property taxes and municipal employee salaries to combat inflation. This is the news I saw today.

I think the market will reverse at the end of this year or early next year.
53  Bitcoin / Bitcoin Discussion / Re: Bitcoin needs the support of more sovereign states. on: July 22, 2021, 05:47:50 AM
Bitcoin doesn't need any governments to continue to prosper, however in time more and more governments are going to recognize that its in their best interest to participate rather to ignore it or worse yet try to shun or ban it.
Increasing the price of bitcoin on the market is done by the demand/supply imbalance. That is the only thing that differs when a government decides to start accepting crypto. The use of crypto does not need government's words and acceptance because it is a p2p and not centralized b2p system.

I would agree that banning something is going back into the timeline of civilization as have many bitcoin advocacy groups already voiced but honestly the government in most countries are run by knowledgeable people even if you think otherwise. They know better and they dont want to put people into prison for nothing. So you can be assured that even if a government does not accept crypto, they cannot ban its transactions completely. As long as you have an electricity supply and internet connection you can transact.

As for the OP, if you are looking for quick short term 100x attempts to sell bitcoin and for that you are having wet dreams of every government accepting crypto then you are seriously having a bad time and should stop trading. Roll Eyes

I agree with the author in some points. I also hope that more sovereign countries will support Bitcoin. Our goal is not a hundredfold return, but the national policy treats Bitcoin more tolerantly and friendly instead of shutting down mining farms like China does. For many miners, it was a disaster. El Saldova is the first country to use Bitcoin as a comparison. I believe that this is conducive to the healthy development of Bitcoin. Why can't we have a desire to benefit the development of Bitcoin? I think you think of us too narrowly.
54  Bitcoin / Bitcoin Discussion / Re: I Don't Want To Hear Anybody Crying When BTC Will Reach 1M Per Coin! on: July 22, 2021, 03:16:22 AM
You had your chance to buy at $1.
You had your chance to buy at $10.
You had your chance to buy at $100.
You had your chance to buy at $1,000.
You had your chance to buy at $10,000

You still have the chance to buy NOW.

If you've failed all these times you deserve staying poor. No offence, but I think you had all the chances in the world. We can't make you rich by force.

This question depends entirely on a person’s perception. It is not achieved by persuasion or encouragement. It may also be just a kind reminder. Looking at this issue from another angle, only by self-awakening can we realize the arrival of the Bitcoin era. Don't let yourself be an outsider, even if you only have 0.001 Bitcoin.
55  Bitcoin / Bitcoin Discussion / Re: Is it possible to use BTC and USD for pricing at the same time? on: July 21, 2021, 07:35:34 AM
I want everyone to think about this question, what is the target of payment with Bitcoin. Dollars? Or Bitcoin? I think if you use Bitcoin to pay. So no matter what the value of the dollar, companies should sell their products at a fixed price.
for example
USD: Once Musk sold Tesla to use Bitcoin for payment, but when Bitcoin fluctuated, the payment was different, and later the Bitcoin payment was cancelled.
BTC: I know ognasty's fan site https://nastyfans.org/mint. In the website, the price of 1BTC=1BTC will not change. No matter when the product is, the price will not change.
If the number of bitcoins fluctuates with the U.S. dollar, it still means that they are priced in U.S. dollars and can only be purchased through Bitcoin.
What is your opinion? Do you think Bitcoin should be priced in U.S. dollars? Is it possible to use BTC and USD for pricing at the same time?

If a product is priced in Bitcoin and USD at the same time, it is a very troublesome thing for merchants.

You said Tesla can pay in Bitcoin, but only accepts Bitcoin.They will not disregard normal market prices and will not disrupt normal market order.

For me personally, when Bitcoin is falling, I will consider accepting Bitcoin payments, simply increasing the number of my holdings, but the price of Bitcoin is very volatile and I will continue to change.

Generally speaking, when Bitcoin has not become a universal payment system in the world, the pricing of commodities is still based on legal tender. In many underdeveloped countries where economic crises have erupted, everyone’s choice is still the US dollar.
56  Bitcoin / Bitcoin Discussion / Re: Do you know any game theory tucked inside Bitcoin? on: July 21, 2021, 07:20:07 AM
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Let’s have a look at the attack Bitcoin might encounter from the angle of game theory. If an evil group tends to attack Bitcoin network or temper with its date, the only way to realize that is collecting 51% hashing power, implying large amount of money is needed for the purchase of lots of mining device and sufficient electricity is required for the running of those devices. The cost is tremendously expensive.

If there is a malicious unit or a certain individual who is not hindered by profit or cost and decides to attack the Bitcoin network. It is possible to destroy it simply, but don’t assume that no one ignores your attack.

Bitcoin miners and nodes distributed around the world will quickly reach a consensus in the event of an absolute crisis, and Bitcoin procedures and protocol settings will quickly respond to timely revisions and adjust the attack. In addition to the high cost, there is a global consensus, so I think this kind of behavior that harms others and disadvantages oneself cannot be realized.
57  Bitcoin / Bitcoin Discussion / Re: Don't give your bitcoins to scammers on: July 21, 2021, 07:00:47 AM
I never trust this kind of events. It's obvious that it's not safe. Hackers captured even Elon Musk's Twitter account and swindled many people. Do not trust everyone!
You mean some twitter verified account got hacked and changed it's name to elon musk or any famous people. There are lots of the same incidents happened before. It just that many people are still ignorant for such obvious scheme, even though they knew it's a too good to be true offer but it just happens that they were more greedy and now this happens. It's just that people never learned.



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On Wednesday (July 15), some major Twitter accounts including billionaire Bill Gates, rich man Musk, Silicon Valley giant Apple and Uber Uber were hacked. The purpose of this action is to deceive Twitter users to donate Bitcoin.

Hackers used celebrity Twitter accounts to post fraud messages, telling Twitter users that they had 30 minutes to send $1,000 (876 euros) in bitcoin donations and double the money.

The tweets on this series of celebrity accounts were subsequently deleted.

Cameron Winklevoss, the co-founder of the Gemini cryptocurrency exchange, tweeted from his official account: "This is a scam, don't participate!" He also said that other encrypted Twitter accounts were also hacked. , I want everyone to be vigilant.

This kind of situation is quite common. One is to use the credibility of celebrities, and the other is to use the greed of human nature. This is very hateful. This kind of behavior is naked fraud. If you don’t want to be deceived, there is only one way:

forget it, it's a pie in the sky


58  Economy / Economics / Re: The first rule of investing is saving on: July 18, 2021, 06:34:27 AM
It is fairly obvious, but there are people out there that have written 200 pages self-help books and made a fortune out of them by simply stating this simple fact of life: "you can invest your savings. If you ain´t got any, you ain´t gonna invest". (I admit you could argue that you can borrow but still nobody ain´t lending ya if you ain´t gonna givvet baksh).

The basic concepts that will save you a 15 bucks book:

- you invest so that your money works for you. Even if you cannot drop your job, you can still live a bit better with extra income.
- Investing is sacrificing something today to get something tomorrow. This is just a definition. You save x today because you want 2x tomorrow or in year or whenever.
- The first step to invest is saving part of your income. No savings, no future.
- If you have credits unpaid (other than mortgages or other asset backed credits), you pay those first because they charge you a lot.

And from here we could start speaking on how are you going to save regularly, if it is going to be 10% of your income, or 5% or 50%, how are you going to learn about investing, etc...


If I have a lot of savings, I will keep the basic living expenses, and use the rest for investment. Of course, it is a field that I am familiar with. My mentality is still very peaceful and not very accumulative. I will not just because someone said a project. The rate of return is extremely high. Even if someone makes a lot of money, I will not be jealous, let alone sleepless. For example, I hold Bitcoin, no matter what kind of underestimation I am now, I will still hold it.
59  Economy / Economics / Re: At least it was something great on: July 18, 2021, 06:28:19 AM
And you will have been part of it and be able to say "I did something great and it changed the world".
But most of us won't be people who are remembered and written about, like Satoshi, Craig Wright, etc. 

Nor do I think we need to be, and as far as doing something remarkable with our lives, I like to think that I do small but remarkable things at my job that, if they don't exactly change millions of people's lives, at least help people on an individual level.  The way I see it, I could be doing much worse with my lot in life, and I was never looking for fame and fortune anyway so I'm not disappointed.

Paxmao, you're correct that people like you mentioned are rare.  You can aspire to be a Nobel Prize winner and there's nothing wrong with that, but if you set your expectations that high you're bound to be a more frustrated and angry person as time goes on.  Notice I didn't say that one shouldn't work toward such a goal, just that your expectations should be much lower (if you want to be happy, at least).

It is right for a person to have ideals, but one cannot force it. After all, everyone's IQ is different. Because of the difference above, God's mission to us is also different. As ourselves, enjoy every day of life and continuously improve our happiness index. As a Bitcoin holder, it is enough to organize to promote Bitcoin to more people and gain more knowledge through forums to help more people.
60  Bitcoin / Bitcoin Discussion / Re: Bitcoin caused the mass production of altcoins and air coins on: July 18, 2021, 06:16:24 AM
It wasn't always like this. The "Alternative Cryptocurrencies" were worthy of the name. They were projects that were exploring other possibilities and technologies that bitcoin couldn't or wouldn't try. This was 2011.
Then the developers slowly forgot what altcoins were for and started creating money grab projects where they could make a LOT of money in a short term for doing very little. Then they slowly decreased the amount of work they had to do by copying other projects, and finally by inventing the ICO scam where they don't have to do anything since there is no blockchain anymore and the tokens rely on the existing blockchain of a project made for scamming people!
This won't change as long as the devs and the investors care about making most amount of money in shortest amount of time.

And some still are,,, except not all of them call themselves altcoins.

In fact, the problem now is that the only ones who still call themselves alts are shitcoins. I think at some point we have to change the forum or at least change the guidance now and "educate" people to show them the world that was painted in 2011.

I suggest even coins that raise money or do ICO/IEO/IDO whatever it is you want to call them are in their own category as these usually have no real development unless there is money raised or tokens sold.

My point of view is actually very clear. Altcoins are not equal to rubbish coins. The key lies in everyone's mentality. I thought of a sentence, can I express my point of view: Many people do not go through the front door, but have to go through the back door, but they open the back door. Got into the arms of the liar. Because too many people look for projects to make money, but they don’t go back to look at project white papers, technical white papers, audit reports, mathematical models, etc. In the world of altcoins, a team of 100 people may deceive only one person.
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