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4121  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Stablecoin development looking for helpers and developer on: December 09, 2021, 07:34:20 PM
The marketcap of this will 100x bigger then any currency.
Our team will push forward this project
How do you want to promote a stablecoin project and you are talking about 100x supply more than any other currency.
it will be 100:1 not 1:1.

Second, what is the difference between euro (USDE) and USD (USDT, USDC, BUSD)? People are looking for price stability, as it is not forex trading, and therefore there is no difference between the stable currency, the important thing is that its price does not change against the dollar in a short period, and therefore most of the stablecoins are in dollars.
4122  Economy / Economics / Re: China’s Internet Billionaires Suffer $73 Billion Wipeout on: December 09, 2021, 07:12:39 PM
What is happening in China may be temporary and continue until the end of next year, as the government is trying to reduce the impact of these companies’ control on emerging companies and thus increase competition among them. Therefore, some companies cannot have more influence than the government, but it will not last for a long time.

The thing that must be monitored is the laws that China is trying to draft, which may lead to a slowdown in the growth of many companies and ideas in the short term, which affects investments in this field.
4123  Economy / Economics / Re: Italy fines Amazon record $1.3 bln for abuse of market dominance on: December 09, 2021, 07:01:10 PM
Personally, look at the strictness in the value of the fine to make these companies change some of their strategies, for example, a while ago, we heard about a million or ten, so that most companies pay the fine without even starting court procedures, but when the amounts become a little high, companies may start to think carefully before trying to keep competitors away .

Also, many countries fear that the influence of these companies will increase, as the matter is not related to the CEOs, but to the behavior of the institution as a whole, and therefore Jeff Bezos' resignation will not affect much.
4124  Economy / Economics / Re: how realistic is this: create own big crypto trading platform with own USDA on: December 09, 2021, 06:35:42 PM
like binance is doing with tether - they are "printing" fake casino money to inflate price of BTC using USDT (80 billions currently) - if anybody decide to create crypto market exchange and create for example USDA token (just like USDT alternative with also "covered" 1:1 to USD dollar) and print every day few millions of USDA - and then buy BTC to inflate price to 1'000'000 USD/BTC.
Is there any evidence of cooperation between tether and Binance to manipulate USDT prices? I don't think there is a link, it can be understood with the BUSD.

There are facts you should know:

USDT is backed by promises: There is no 1 USDT == 1 USD in bank, and therefore all that preserves its value is to continue to make promises that there is a real dollar for each USDT, and therefore you should avoid it if you want a stablecoin outside the platform.

USDT is used within the exchanges and this is only a small percentage (less than 10%) of the real Bitcoins.
4125  Economy / Speculation / Re: Comparing bitcoin halvings - 2012 to 2020 on: December 09, 2021, 06:05:57 PM
Understand the charts and they may be logical, but the problem remains in estimating the top, which seems very little, as we tested the level of $68k, which means that if we break that top, we will not stop at $77k as you remember.
Also, in the previous halving, the price rose from 10k to 20k in a short time, and therefore it is logical to say that the rise from 70 thousand to 140k will be very fast.

In general, this cycle appears to be special and may be different from the previous ones or break the pattern. Cheesy
4126  Economy / Speculation / Re: I know you have all been waiting in anticipation of on update.... on: December 09, 2021, 05:31:05 PM
Wright vs Bitcoin devs, what happens with Tether and what the SEC decides about whether a coin that has a raise on promise of profit and is pre-mined constitutes a security. ETH clearly, air dropped Bitcoin... maybe.
Can you explain to me how the legal debate between Wright and Bitcoin devs could affect the price of Bitcoin or have the effect of determining the end point of this cycle?
It would be logical not to repeat the same levels of 2017 and therefore it is difficult to break the peaks at 2021, but this does not mean that waiting for two months or more will be ideal.
Personally, I expect a top at $92,000 in February before we reach a 70% correction.
4127  Other / Meta / Re: Bitcointalk - if it's not broken don't fix it on: December 09, 2021, 05:21:54 PM
Let's be realistic, the deadlock will make any system out of date, and therefore the update will not be harmful. For example, Reddit has been updated several times, yet the number of users is increasing.

The forum provides information, this information is valuable, and therefore individuals are what makes this forum special. When they leave, it will not benefit the development of the system's infrastructure.

One of the reasons why so many continue to be here is the signature campaigns, but for sustainability it is better to look for other alternatives that will make them continue to post with the same activity.
4128  Bitcoin / Bitcoin Discussion / Re: Bitcoin Hash rate returned to its All-time high on: December 09, 2021, 04:30:03 PM
It is a positive sign on three aspects: price, decentralization and transaction licenses. We are at the $50k USD and still need near-zero fees to confirm transactions. Therefore, the situation is better than 2017, but it may not be excellent in price. We may need to wait a month or two until we reach 70K USD.
4129  Alternate cryptocurrencies / Altcoin Discussion / Re: Possible Compromise Laptop With Seed in Password Manager? on: December 08, 2021, 04:20:58 PM
Do the following ---> check your coins using block explorer ---> if it exists then you are safe.

 - Write the seed down in a safe place ---> create a new wallet in a secure computer/phone.
 - Buy a hardware wallet, a new computer, or a phone that has not connected to the Internet and you do not want it to be connected to the Internet.
 - Create a new wallet and transfer coins to that wallet.
 - Do not use this device, leave it in a safe place, do not connect to the Internet from it.

So you don't need to delete anything.
4130  Alternate cryptocurrencies / Altcoin Discussion / Re: Why projects takes forever to launch? on: December 08, 2021, 03:33:24 PM
PI network is not a project it is scam, the only thing they are good at is how they market themselves and how they found themselves with all this promotion without proof of how their currency works or even obtains a market value.

Good projects start with the support of the community, but PI's project starts with promises, and dreams, which only lead to being a victim of such scam.

Next time, pay more attention to the technical background and behind the project more than the promotion.
4131  Economy / Exchanges / Re: BitMart exchange hacked on: December 08, 2021, 02:58:41 PM
If these allegations are true, and with the market capacity estimated at about 1,049,207,085, hacked amount represents about 14% of the market capacity. It is kept in the hot wallet, which is considered risky, as most of the trading volumes will be inside the platform.
I do not know, but this means that the quantities covered are much less than that, and with the increase in withdrawal requests, a large number of them may not be able to obtain money.

In general, it should be remembered, not your keys, not your money, and you do not trust anonymous exchanges.
4132  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Crypto.com Price Prediction – Will CRO Price Hit $3 Soon? on: December 08, 2021, 02:43:54 PM
CRO is a good altcoin (if we compare it with others) because it has a real project, presence outside the platforms, and interaction linked to funds, and therefore it is not a pumping/dumping shitcoins, and therefore insane heights may be available in it, especially with the market capacity increasing day by day.
$1 might make sense, but most altcoins will rally above Bitcoin's rally, making 3$ is hard to be within 4 months.

In general, this does not prevent investment in it, but I do not think that the owners of the currency are trying to make it too high.
4133  Economy / Service Discussion / Re: account with wrong password on FREEBITCOIN, and I can't reset on: December 08, 2021, 02:06:16 PM
I think I got hacked, my password says it's wrong, I try to reset and no email arrives. Can you help me?

contact TheQuin with a good definition of your problem and as soon as you can prove that you are the owner of the account, the password will be reset for you easily.
In general, we cannot say that you have been hacked, as you may have forgotten your password.
Sorry for any mistakes in words, I'm communicating through google translator, I'm Brazilian, thank you in advance
Try to use basic and simple words to be understood.
4134  Economy / Trading Discussion / Re: How to back test indicator on: December 08, 2021, 01:43:35 PM
You can use tradingview with many bots that work according to the conditions in the script, which are the platform, the available commands, and then compare them with any bot and reprogram it to match it.

In general, I do not see that indicators are a reliable thing in automated trading, and therefore you should be careful in giving the powers of buying and selling.
The role of the script in Bitcoin may be good, but there may be some side doors that allow selling Bitcoin to buy unknown currencies (part of a systematic pumping)
4135  Alternate cryptocurrencies / Altcoin Discussion / Re: Tether fud need to be stopped its silly on: December 08, 2021, 01:35:56 PM
These are facts you should know about USDT:

 - There are no bound quantities (1 USDT == USD reversed,) and the existing quantities of assets and others are not equal to 5% of the total supply.
 - There is high liquidity in many platforms, which means that the platforms are the ones that determine their value in dollars, and therefore their value is zero outside those platforms.
 - Some platforms can take the risk of losing money but this may not happen to all platforms.
 - Money can be frozen even if it is in your wallet.

Thus, USDT is a stable central currency based on promises and cannot be used for long periods or outside the platform.
4136  Other / Meta / Re: If the signature campaings are removed from the forum, will you stay or leave? on: December 08, 2021, 01:05:59 PM
The answer to this question will be different from one user to another, but the forum in general give us a good answer as boards like serious discussions give an impression of what the forum would be like if the signature campaigns were stopped as a whole.

Generally, it is something that will happen sooner or later either because of the low return, or the difficulty of participating in one of the good campaigns, or the suspension of the campaigns by the administration, so the person should start posting for knowledge and learning.

Personally, I will stay, but the posting rate will be about 7-12 per week.
4137  Economy / Service Discussion / Re: Jack Dorsey is developing an economic platform (Blocks) on: December 07, 2021, 04:18:54 PM
I don't know, but if we believe that Bitcoin will change with the efforts of one man, then this means that the currency is still in its infancy and needs more maturity. Jack Dorsey has been subjected to many criticisms of Twitter management, but some of the reasons for his resignation are that he will support Bitcoin according to his method, which may not seem completely centralized .

Overall, we'll see what happens but it's good to see more people who see a future in bitcoin as a currency and not for price.
4138  Bitcoin / Bitcoin Discussion / Re: Nearly 90% of all Bitcoin will have been mined in about one week. on: December 07, 2021, 03:17:16 PM
The quantity supplied does not have a significant impact, except in short periods and in a limited manner, unless the currency is very centralized, for example, many alternative currencies have trillions of the quantity supplied and others only a few thousand, however, we cannot compare it to Bitcoin.

Therefore, demand is the decisive factor in the long run, which is the reason for the rise of Bitcoin, as it is increasing and from all over the world, and the quantity supplied is accelerating these increases.
4139  Bitcoin / Bitcoin Discussion / Re: Bitcoiner's with Zero investment. on: December 07, 2021, 02:57:12 PM
Investing does not necessarily mean that you pay money out of your pocket, but any deduction of any form of wealth you have (money, time, advice, work, etc.) is considered an investment in Bitcoin, otherwise you may spend it on something else.

What I want to convey is that you have paid a value, and that value is not required to be material. Once you keep the money you collect from signature campaigns without converting it to dollars directly, it is considered an investment in Bitcoin.

There are a lot of people who received Bitcoin donations even though they didn't know anything about it, and sometimes famous players get a few hundred Bitcoin and keep it better than a trader who panics and sells.
4140  Economy / Trading Discussion / Re: Never sell for a loss - is a Myth !! on: December 04, 2021, 04:17:07 PM
Trading is a strategy that requires a precise and dynamic plan that gives a good view of all variables and therefore "Never sell for a loss" is considered a general term. After calculating the taxes, the profits may be useless, and the absence of a plan ( I bought at 10 and will never sell under than it) may end up losing your entire capital "especially in altcoins"

Quote
A stop-loss is designed to limit an investor's loss on a security position that makes an unfavorable move. One key advantage of using a stop-loss order is you don't need to monitor your holdings daily.

Read more ---> https://www.investopedia.com/articles/stocks/09/use-stop-loss.asp#:~:text=A%20stop%2Dloss%20is%20designed,and%20trigger%20an%20unnecessary%20sale.

If you don't want to get bogged down in too many details, buy bitcoin and hold it for more than 5 years.
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