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4361  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Most DEXs are unsafe, alleges new report on: October 28, 2020, 09:03:46 PM
For me, this is normal. Every system got its own holes or maybe some security flaws, even how high the scores of those mentioned Decentralized Exchanges (DEX), there may be still some issue or bug. Some entities like CER may come up with different rankings and findings.
But I really appreciate CER (Crypto Exchange Ranks) for taking the initiative to do this kind of research and do their ranking on the Decentralized Exchanges (DEX), this is really helpful for everybody especially for non-techy traders and this will help to become a basis for choosing an exchange.
4362  Economy / Speculation / Re: Analysis of recent Bitcoin fluctuations on: October 27, 2020, 12:53:13 PM
Recently, I am really watching closely the huge horizontal support of Bitcoin is $10,000 and it really shows a strong one before, even bears try to break and close below the $10,000 on the daily time frame, but they failed, almost 2 months that we don't close below $10,000 before.

Now the next target again that we will build strong support is the $12,000. Volatility these past few weeks on Bitcoins becomes not that so strong, it kinda becomes neutral as we slowly near to the all-time-high.
4363  Economy / Digital goods / Re: Buying automated trading strategies - 100k USD budget on: October 26, 2020, 11:08:43 PM
What do you mean by automated trading strategies? There are a variety of choices and using the general word doesn't describe your intention.
(....)
maybe he meant he was looking for some kind of signal trading bot without human intervention, which has enough trades with a budget of $ 100,000, and also has the four criteria he mentioned.
(....)
In short, he/she want free money, like more passive, he just wants to sleep and let the money come.
But, with the want OP wants, it's really possible but he/she should also accept the consequences, like not 100% guarantee he/she may earn a huge amount of money and the worst part is losing money.
That kind of software or service OP wants is not an ordinary want, it is complex and I can assume it is also expensive.
4364  Alternate cryptocurrencies / Altcoin Discussion / Re: BNB Holders - What do you do with your BNB? on: October 26, 2020, 11:02:49 PM
I don’t prefer to hold my bnb on exchanger (Binance). Because My thought is if binance hold my BNB,I can't do anything. Only prefer personal wallet that is safe.It's good choice to earn easy  coins from staking but if you don’t hold Enough BNB then you will get good amount of coins free. I have low Amount of BNB that's why use personal wallet that provide private key/seed.
If you have a low amount of BNB and you usually using Binance for trading, then you can put it then in the exchange wallet of Binance itself. Did you know that if you are holding some amount of BNB, your trading fee will be lessened? Like it got something discounted for every trade you do.
And as you already know, using a small amount of BNB or just any altcoins and put it on staked, a return is extremely low, then you gonna have no choice.
4365  Economy / Trading Discussion / Re: Why You Should Trade Crypto With Leverage on: October 26, 2020, 10:55:57 PM
We should also talk about how the huge risk when a trader using leverage.
It's a huge risk and for me, it's not a newbie-friendly. So if there will be a user may see this thread, I really advise don't start with leverage trading when you are starting to trade or doing practice. Go try to use first spot trading, even me now, I am using a very small amount of leverage.
4366  Bitcoin / Bitcoin Discussion / Re: People's goal should shifting, specially if you are financially responsible on: October 25, 2020, 10:42:23 PM
We people got different opinions and ideas, especially with it already involved financially.
If you really value your wealth, your money, you will start to make some moves on how you will start hope about financial freedom.
If you notice, some teenagers these days don't have any care about money, most of them are just relying on their parents, can we consider it as a financial responsible or irresponsible, when they don't care about their finances in the future or become financial free that without relying on other people?

For me, being financially responsible is a choice, and one of the reasons why people are afraid to become free because they don't want to responsibilities.
4367  Alternate cryptocurrencies / Altcoin Discussion / Re: Defi project like game pump and dump on: October 25, 2020, 10:35:27 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
Defi projects are not really different to ICO and IEO during their hype days, there are bad and good projects.
(.....)
This is also what I think. For me, Decentralized Finance (DeFi) is like something upgraded ICO, IEO way back 2017 - 2018 days.
Remember the ICO fever when the last bull run on the time we reached an all-time-highs, that was a lot of money that has been rekt by a lot of ICOs before, and look at them now 80% - 90% lost!

Honestly, I don't want to happen it again now, but we can't really control people who just enter without knowing everything or studying, they thought it's just easy money, easy come and easy go, they don't know the risks.
4368  Alternate cryptocurrencies / Altcoin Discussion / Re: Building Software and Earn Crypto Currrency? on: October 25, 2020, 10:17:11 PM
Great use case and interesting project but ... I don't get it why every single use case has to be build on new token/coin? I understand that it is made to collect funds to start but does really every single project needs millions to start? To code simple web service(coding for money)?

(.....)

https://www.thenewboston.com/
"We rebuilt the Blockchain from the ground up. We kissed those outdated PoW and PoS algorithms goodbye and replaced them with an innovative trust based architecture."
That's a very bold statement, isn't it?

I don't see any prospects for such coins, because it is for a very limited number of users.

I have encountered many times that people do not want to get other coins for their work, except for bitcoin, Ethereum, monero and litecoin.
People are even too lazy to install online Cheesy
Honestly, I was also disappointed when I started to know that they were building a new token and the way they compare their coin with Bitcoin.
But even like that, I still don't judge them, they are skilled and talented coders.
And I know, this kind of project will extremely techy and I can say about 90% of the people will participate here or will use this are all techy people, especially developers, engineers, designers, etc.

I am also proud of one of the founders of this project for his dedication;
Honestly, I'm a little nervous to put everything out there because I don't know how the world is going to react. But no matter what I will say, of all of the software that I have ever helped build, this is by far the one that I am most proud of.
4369  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Best places for Crypto Traders on: October 25, 2020, 10:10:01 PM
If you are new to trading or just starting, I really advise you to avoid visiting such social media especially Twitter, unless you are doing there for learning not looking at some crypto user who tweets with some dramas or shilling some altcoins, there are a lot of them there.
Most of my learning on trading cryptocurrency before was using Youtube. I keep watching different videos about trading, non-crypto, or cryptocurrency as long as you get the proper way of trading, like reading different candlesticks, chart patterns, and most important the risk management (e.g. risk: reward ratio).
4370  Bitcoin / Bitcoin Discussion / Re: Which is more important bitcoin or fiat? on: October 25, 2020, 04:22:38 AM
Actually it depends on us on which we would value more and where we are currently live.
There are countries that doesn't support or accept Bitcoin so for the people living among those country they would prefer Fiat.
And there are some who are earning huge in crypto so for those kind of people they would vote in Bitcoin or crypto.
Bitcoin is available to everyone for me, as long as you have an internet connection, even there are some countries that ban using Bitcoin or any cryptocurrencies, there will be always ways for them to use Bitcoin.
But you are also got a point that some people may much prefer using Fiat than Bitcoin, which is also I agree.
We can not force people to use Bitcoin nor fiat. For me, even Bitcoin in the future will really be expensive or more people are using it, fiat will stay.
4371  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Which instant crypto exchange is the safest? on: October 25, 2020, 04:16:38 AM
I still trust Binance which in my opinion is the best cryptocurrency exchange so far and has a good and popular track record, apart from having a large selection of coins to trade in large volumes and excellent service as well as fast deposits and withdrawals which I think are good for fast trading.
(.....)
I don't think Binance is good for what OP needs, since he is asking about "instant". Which means fewer clicks just to make your crypto to be exchanged. Just like all you will do is to deposit your cryptocurrency and you select which crypto you want to be exchange.
While using such Binance is really not comfortable since you need to create an account before you can exchange your crypto and the worst part is the KYC.
4372  Alternate cryptocurrencies / Altcoin Discussion / Re: 24 eth instead of 24 usdt....What Will You Do If.......? on: October 25, 2020, 12:00:11 AM
The fact is if the exchange is KYC based, definitely the exchange will come after the person if they don't return the funds lmao. 22 eth is a substantially good amount.
(....)
The problem is the said exchange is decentralized, as OP said.
So the difficult part here is how the exchange contacts the owner of Ethereum address.

Since there is no information on the owner of the ethereum wallet, so there is also no way that the exchange knows the owner.

For me, to be honest, I will think that it will become a lesson for the exchange itself if they were already known that was a bug, it's like it is already a loss of them because of their fault also, although we can't really sure 100% on every system, there will be always a hole.

4373  Alternate cryptocurrencies / Altcoin Discussion / Building Software and Earn Crypto Currrency? on: October 24, 2020, 11:49:38 PM
I have known a youtube channel before and a social media or a website full of tutorials, especially tutorials about programming.
This forum and youtube founded by an excellent and skilled guy named Bucky Roberts, I think he got also an account on this forum upon researching.

I become a fan of his tutorials a few years ago, especially when I started to learn web development, but suddenly he was gone without any announcement, he just suddenly stopped creating tutorials videos.
And now he is back, but with a new project which is about cryptocurrency.

Their team started to build a cryptocurrency that focuses on part building/developing/bug fixing software, it's like when you build software or help with some bug fixes you are rewarded by their coin which is called "thenewboston", named after their forum before (https://www.thenewboston.com/).

This new cryptocurrency got my attention especially I am into programming or website, mobile developing.

So, what do you think about this project?




P.S. I don't shill/promoting this project and not part/member of the project.
4374  Bitcoin / Development & Technical Discussion / Bitcoin Block Halving on: October 24, 2020, 12:52:03 PM
As we all know, Bitcoin has a  "block halving event" in which every 210,000 blocks have mined, and the block reward halves.

210,000 blocks are approximately in 4 years.
Block intervals are 10 minutes.

What are the circumstances that we can reach those blocks in just a short period of time like not will reach in the approximately 4 years or it will more than?

Also, do we have any idea or basis why Satoshi Nakamoto decided that the block halving is scheduled in every 210,000 blocks?

Just become curious, because I saw an article about the upcoming US Election and Bitcoin.
Since the US election is held every 4 years which it is the same with the block halving event of Bitcoin.
4375  Other / Archival / Re: Again nobody needs DEXs? on: October 24, 2020, 10:01:21 AM
Perhaps the current volume is what it's supposed to? It's a fact that the DeFi hype boosted the volume in Uniswap.
(....)
This is what also I think. It was totally hype before, I think a lot of people got FOMOd and a lot of people want to aboard that's why we saw a huge volume like that in just a short period of time and the result is this now.
I also agree with Ratimov that it may still fall for more.
But what happened is really helpful for everybody, we already know what are the effects of Decentralized Exchanges to the market.
4376  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you really use alts for the purpose they're supposedly created for? on: October 24, 2020, 09:47:18 AM
Honestly for me, since I am more into Bitcoin. All altcoins that I owned lately are only for money, I bought them because I have some analysis and speculation.
I think some the people also are only for Money, especially these days, we are still early in cryptocurrency and some of the people boarding are into money only, I know it is not advisable, and learning first before buying something is the best practice.
4377  Economy / Speculation / Re: how many Bitcoin do you need to live comfy in event of hyperinflation? on: October 24, 2020, 09:33:18 AM
That abstract question doesn't make much sense unless you specify. If there's a hyperinflation, the price of bitcoin will usually go through the roof.
(....)
Why is that possible that we can guarantee that bitcoin will really do a massive pump if there will be hyperinflation?

For me, it does not matter how much your Bitcoin will hold, even how much is that there are really a lot of possibilities it will slowly be used as for your expenses as you live. The one you should think is, HOW will you make more Bitcoins or increase your funds to sustain your family or self to live, even there is already hyperinflation.
4378  Economy / Gambling discussion / Re: Just a Question... on: October 24, 2020, 09:23:14 AM
Another possible reason would probably be the fact that Telegram are associated often with previous scams.
(.....)
Absolutely, lots of scammers in telegram now, it's not a good platform for a gambling group. I think most sites already have a chat option, that would already make people enjoy chatting while gambling so telegram is not necessary anymore IMO.
Scammers are everywhere, even what messaging platform we are using. For me, if the reasons are about scammer why they don't use either of these two, it really not make sense.
Btw, the major advantage of discord for me is being organized, just like what @Bttzed03 said, in discord, you can create multiple rooms or channel within a discord channel.
4379  Economy / Exchanges / Re: [Survey]Do we need to provide KYC documents in any cryptocurrency exchanges? on: October 24, 2020, 08:44:40 AM
I already made a mistake before, when I have funds trapped in an exchange. Because before, when I started to sign up on that exchange, there were no KYC things at all, but after few months, they updated their Terms of Services and their new update is to submit KYC before you can withdraw your funds, so I have no choice, that's why I submitted KYC documents. Even I don't want to, I don't have choice.
4380  Local / Pamilihan / Re: [STEP BY STEP] Tutorial How to buy Bitcoin at 7-Eleven Stores in the Philippines on: October 24, 2020, 08:41:36 AM
BUMP!
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