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401  Bitcoin / Bitcoin Discussion / Re: How the wallet is hacked, what should I do? on: June 29, 2020, 02:27:43 PM
     These things happen a lot. Those who get hacked by giving their private keys are just plain stupid as a dog. I mean, who in their right mind would even think of sharing that kind of information to other people? It would be just like giving to others your card details and giving them authorization to take everything you have. Not that I condone other stupidity or carelessness that leads to being hacked, just saying that this is the worst. Anyways, you get my point.
402  Bitcoin / Bitcoin Discussion / Re: Who got the 10.000 bitcoins for the 2 pizzas? on: June 29, 2020, 01:49:18 PM
Bitcoin as a currency is meant to be spent. Those 10,000 BTC made it back into the economy fairly quickly, around the time they were worth some $400. A ~10x ROI from simply trading in a different currency is quite good, even if that factor could have been higher had I held on to said currency longer. Naturally there will always be people hoarding coins, trying to get rich, and quite a few people did get quite rich, but they wouldn't have got that way without economic growth allowing it.

Hats off to both laszlo and jercos, that's a spirit we don't see often these days anymore. I wish greed wouldn't have become such a big part of crypto.


     I get your point man. Thing is that's just the way things are, not that I am agreeing to hoarding but, in the shoes of people who barely have the capabilities to collect even a few bitcoins back then or a single Bitcoin today together with those who spent money that are essential for their survival, this is they only way for them to make money off of this. Besides, even children are encouraged to save money and most of the time, these children hoard money by putting them all in a piggy bank or something.

     Things are just not as easy for others compared to some lucky few both here in this industry and outside of it. And yah, at some point, these people who hoard, will always have a time that will come for them that would force them to sell or use the coins they saved at some point because everyone has needs.
403  Bitcoin / Legal / Re: Craig Steven Wright is a liar and a fraud - Tulip Trust addresses signed message on: June 17, 2020, 04:11:49 PM
     Lol. This is the first time I have heard such a big fraud in the crypto currency industry. I really am surprised that there really are some people with this much guts to fool a lot of people in a large scale and even toying with the authorities or the court. This is quite scary and also funny at the same time. I just hope no one follows this dumb example tho, because not only will they surely end up the way this guy did, but also put a lot of other people in unnecessary trouble/hassle.
404  Bitcoin / Bitcoin Discussion / Re: Do you know job/investment related to crypto that provide stable daily income? on: June 14, 2020, 01:34:43 PM
     First of all brother, the hunded dollar job per day that you are looking for may not exist. So I think it is better you focus on just so ng the right preparations to be a merchant since that is your goal. And by preparations, I mean hard research and familiarization pf a couple of important things regarding being a merchant. And of course, the funds together with the products that you have in your plan. Although you can try searching for that job that you want. Just saying that it may not be possible to find a decent one online that would offer the salary per day that you want. Unless it is a job that needs a professional degree or masters.
405  Bitcoin / Bitcoin Discussion / Re: JPMorgan: Bitcoin's Market Structure More Resilient Than other traditional asset on: June 14, 2020, 12:25:03 PM
     Wow, if his sentiments are real, then this could only mean that great things are to come to this industry. But considering how he was in the past compared to this statement he recently made, I cannot shake off the idea that there really might be something fishy going on and that this may only be a part of a bigger plan that benefits him the most together with a few colleagues of his. But regardless of genuineness, people will always see this in a positive side.
406  Bitcoin / Bitcoin Discussion / Re: [Share]: Someone lost all of his BTC from malicious chrome extension on: June 14, 2020, 11:00:51 AM
     I'm not even surprised anymore to hear another horror story like this happening to fellow crypto currency enthusiasts. This thing happening is so common since I have entered this industry that I can't even count how many stories like this I have encountered. When you get into any thing new which you have never tried or been in before, it is obviously best to test the waters first, learn as much as you can and exercise high caution. This is what many people forget to do or does only for a while and just relaxes too much. Being over worried is better than losing all you have. Just hope this never happens to anyone anymore. This really saddens me.
407  Bitcoin / Bitcoin Discussion / Re: First Bitcoin Lightning Network Food Order by Phone on: June 13, 2020, 04:03:05 PM
     Hearing Bitcoin transactions in the real world is always a great news to hear. It literally shows hope amd promise for the future of this industry. I am pretty sure most of the crypto currencies enthusiasts out there are feeling the same way as I am. I just wish this gets to happen more often and gets to be a natural thing like in a day to day basis just as how you go to groceries and pay for necessities.
408  Bitcoin / Bitcoin Discussion / Re: If Bitcoin Is Old Tech But.... on: June 13, 2020, 03:13:43 PM
     Although you can say that Bitcoin truly has the benefits of being the first, that is not the reason alone why people prefer it more than other alternative coins out there. Also, there are a lot of misunderstood details about bitcoins on your side. Bitcoin is not that old. It is not that bloated. And scaling, is something that is not impossible to happen to bitcoins just not today.

     Now if I had to choose on which is the most popular reason that makes bitcoins stand to this day, it would be it's popularity. This is because if you try and ask around, most of the people will answer that bitcoin is the first crypto currency that they have heard of and the very first they used since it is more famous than others which makes it easier to get and to trade.
409  Bitcoin / Bitcoin Discussion / Re: Bitcoin should never become fully anonymous- don't fool yourself on: June 08, 2020, 04:28:05 PM
     If you look closely, you will understand that the creator of Bitcoin didn't want it to be anonymous. Although it may have some anonymity to an extent in the eyes of a lazy person, one cannot say it if mainly for anonymity purposes. If anonymity is the main goal, then leave Bitcoin out of it. Because there clearly are better choices out there if you want anonymity.

     Now, talking about bitcoin being mainstream, it is highly possible. The thing is though, is that a lot of businesses will be losing a lot of money if this currency really does go mainstream. And the reasons as to why are pretty obvious. But then again, who knows? It may or may not happen. All we can do for now is to wait and see what happens in the future.
410  Bitcoin / Bitcoin Discussion / Re: Patience above all will be rewarded here on: June 08, 2020, 03:29:25 PM
     Look brother, times are tough in almost every place here in the world nowadays due to economic problems going on. And if you add up any other emergencies and the emotional burdens that people get from daily lives and from the charts/prices day by day plus the countless rumors of good and bad in the crypto world (I could go on and on with these stuff), you really cannot blame people for doing what they are doing. Even if someone says he is a 100% loyal to bitcoin and this industry, when emergencies come or when prices drop, a man will surely waver. Specially if he has responsibilities bigger than his ego.

     Although I get your point, what's wrong is wrong. Calling others like that is just not good brother. Remember that this industry is never easy to predict. For all we know, what position others may be in today may be where you are tomorrow. Since we all share almost the same interests since we are in the same forum conversing. Why not refrain from calling people things when trying to prove a point? Being a little nicer to people you know nothing about won't hurt.
411  Bitcoin / Bitcoin Discussion / Re: The average cost of sending a Bitcoin transaction is now just a little over $1. on: June 08, 2020, 02:34:07 PM
     I really feel bad for the person who crated this thread. You are obviously letting yourself to be taken advantage of. Judging by the way you feel about that much of transaction fee shows a lot already. I suggest you read more about other people's experiences in managing their Bitcoins. How they transfer use and send etc. There are a lot of helpful stuff out there. One advice I can say to you is to use altcoins when transferring. Only pay high fees if you are in an rush due to emergency. Although you should always prepare an emergency fund that is easy to access. At least that is how I do things.
412  Bitcoin / Bitcoin Discussion / Re: Pablo Escobar and Bitcoin and Satoshi Nakamoto on: June 08, 2020, 01:53:19 PM
     Seriously. I really am growing tired of news such as this. The damn person doesn't want to be found!! Leave the damn person alone for goodness's sake! I really cannot understand what these people get for continuously trying to find the "real founder" of Bitcoin(s). Clearly enough, the person doesn't want the fame or recognition. He or she obviously wants to live a peaceful life away from other people's eyes and ears. Why not just let the person be rather than talking about lots of bullcrap that can't even prove anything. Gosh.
413  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency fraud and scams on: June 05, 2020, 02:59:34 PM
     Same old same old. Wherever there is something to gain, there is bound to be scams. And the only difference you will be able to find will be the way they do it. Although there are minor differences in risk factors, everyone should always exercise caution. Because frauds already started long before we can even imagine. Easy way to be safer is to choose where you are comfortable, or learn as much as you can so you can be comfortable wherever you want and have as many options as possible.
414  Economy / Trading Discussion / Re: Free Trading courses for noobs!!! on: June 01, 2020, 06:03:54 PM
     Wow. This is a really great chance for people like me who are always hesitant to trade every now and then. Have been living on instincts alone when it comes to trading. Can't even risk trading amounts that are a bit bigger for fear of losing a lot. I will definitely try these groups out and learn as much as I can. Maybe with this, I can have more confidence in trading some of my alts. I hope these are forever free to help people like me.  Grin
415  Bitcoin / Press / Re: [2020-05-13] An old privacy trick could solve Bitcoin’s privacy problem on: June 01, 2020, 05:03:43 PM
     Man I hope this truly does work for good. A huge number of people will be itching to try this thing that Greg Maxwell came up with. Since most of the people here do not want just any eyes looking at every transaction they ever make. Although it would be quite hard to achieve true anonymity nowadays, I am rooting for this guy. I really hope he accomplishes this because I for one, really am anticipating for this kind of privacy or any service that can do this kind of job.
416  Bitcoin / Legal / Re: Are You Afraid of KYC? on: June 01, 2020, 03:54:58 PM
     In some part, it seems to be beneficial to a lot of people. Specially for those who do ICOs or runs an exchange. It is truly a great way to filter the type of people getting in on ICOs and exchanges which pushes fairness and security. But if you really think about it though, it jeopardizes the sole reason of the birth of crypto currencies which is freedom in anonymity. Surely being extra careful is just a worthy price to pay for this freedom.  But in the end, if depends on the person since having kyc and not has their own advantages and disadvantages.
417  Bitcoin / Bitcoin Discussion / Re: Fees high on: June 01, 2020, 02:06:18 PM
     Indeed the price is quite steep. Specially when you are in a third world country and you only earn a few satoshis every now and then. The thing is though, is that small people like us won't be able to do much about these prices. And besides, the prices are the way they are probably because it is needed to keep things going good.

     And just as what most of the people do who are not in a hurry or even troubled by hassle just pay lower fees or just uses other coins when doing transfers. If you haven't tried using other currencies yet, you can start with minimum amount or any amount that you are comfortable with and start from there till you get the hang of it.
418  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] 💣get ETH, USDC, TKP, YOUC [YOUengine] 💣 McAfee supports [Round 2] on: June 01, 2020, 12:17:56 PM
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419  Economy / Economics / Re: Binance about to offer Fiat-Crypto Trading. on: June 19, 2018, 11:49:23 PM


     I believe so too because there are a lot of people who hate all that hassle into buying bitcoins from various sources that makes it take longer than what they want. Now, with this feature of binance, investors will have the opportunity to buy cryptos as easy as buying things online. I think this will boost the traffic in binance great move by the binance team.
420  Economy / Economics / Re: Bitcoin and Future of Economy! on: June 19, 2018, 11:45:48 PM
Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?



     That really isn't the main reason for the volatility of bitcoins but yes, it does give a huge impact on the prices today. Now, regarding bitcoins being the main currency of the world is a very far stretch as of now because clearly, bitcoins still have a lot of issues that needs fixing. If bitcoins does that, then I think it can be possible but even so, it will take a whole lot of years.
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