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4381  Bitcoin / Bitcoin Discussion / Re: Steve Wozniak Sues YouTube Over Twitter-Like Bitcoin Scam on: July 26, 2020, 07:57:36 AM
I would have done the same thing if I were him. Considering the recent twitter hack and the amount people have lost it is better to report any such scams and Steve has done the right thing because it's youtube who has to figure out a way to stop people from promoting such scams which leads to huge losses to people. I am pretty impressed that Steve has taken a step at least because celebs don't generally do that.
4382  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin replace Gold someday? on: July 26, 2020, 07:43:42 AM
I don't think bitcoin will ever replace gold because they both serve different purposes.
Though both of them are also used as investments these days they both have different utilities.
Gold is used as a jwellery while bitcoin is used for payments. So it's quite expected that they both will survive throughout and will probably last decades from now. 
4383  Bitcoin / Bitcoin Discussion / Re: Too dumb to undrstand on: July 25, 2020, 07:39:01 AM
Yes it would mean that your transaction is not anonymous since that site will be able to trace your transactions and find out that it was you.
To buy bitcoin anonymously you will have to buy it from an exchange which offers peer to peer services without KYC.
For example, localbitcoins offer peer to peer transactions without KYC but then too you will have to provide your account details where you want to receive your money. You can also make transactions using cash and can meet a trader locally and offer him cash for bitcoins but then you will have to hide your identity if you want to be completely anonymous. Other than that there is no other way around.
When dealing with bitcoin to fiat this is only disadvantage. May be in future there will be a payment system which will allow to send fiat money anonymously.
4384  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you going to keep quit about bitwings? on: July 25, 2020, 07:30:24 AM
I heard what bitwings did and this is really sad that after waiting for a year bitwings removed so many participants just like that.
It does feel sad when we put in the efforts and wait for such a long time and in the end we get nothing.
I have faced this myself with other projects and to be honest there is nothing much we can do about it other than to post reviews and make threads making others aware of them. I have stopped doing bounty projects which doesn't look appealing to me.
I rather trade and hold coins which are already listed and have good potential.
4385  Alternate cryptocurrencies / Altcoin Discussion / Re: Escrow is a must to avoid disappointment on: July 25, 2020, 07:25:08 AM
This is already happening. There are some bounty managers who accept only projects which have good potential.
But there are so many bounty participants that all the good bounty campaigns gets filled quickly hence people have to move towards bounty campaigns which have less potential and are often scam. So it's the bounty participants who have to stop participating in less potential bounty projects.
4386  Alternate cryptocurrencies / Altcoin Discussion / Re: How do I become a crypto market maker? on: July 25, 2020, 06:51:48 AM
This is not how it should work. Even my friend once asked me whats the process of creating a cryptocurrency when I asked the reason he was just saying that he will list it on some exchange and speculate. I then made him understand that this is not how it works.
In order to list a coin on an exchange not only you must create a cryptocurrency first but also have to work towards the vision of creating something that will solve the user's problem which will make him want to buy your coin. Only if a project has a good vision and is solving something or if the concept of the project is unique then people will invest in your cryptocurrency.

So even if you create your own coin you will still have to find some problem and create a solution for it backing by the coin you create.
4387  Alternate cryptocurrencies / Altcoin Discussion / Re: How can I restart a dead altcoin and continue the development?? on: July 25, 2020, 06:32:11 AM
Lets keep things straight. If you are able to continue development of a dead project this means that also have the ability to create a new project yourself.
Now lets consider that you are trying to start a dead project, you will first have to find why the project was dead.

The project would have been dead either because it didn't receive good response from the investors or the project team would not have been able to develop the project. In both cases the chances are slim that the restarted project would get good response from the community because investors generally don't look back on projects which they have ignored, they always want something new.
4388  Economy / Trading Discussion / Re: Finding Altcoins With Potential on: July 24, 2020, 03:43:35 PM
While reading the title I actually thought that I will get some nice article with some exponentially potential altcoins to invest in but I was highly disappointed. You are just trying to advertise some never heard before altcoin and are hoping that you will be appreciated for the post.
You must first consider how this forum works then you will know how a misleading title can get the folks here against yourself.
4389  Economy / Trading Discussion / Re: Difference Stock Trading and BTC trading on: July 24, 2020, 03:11:19 PM
There are many differences between stock trading and crypto trading. For instance, Stock market has fixed timings whereas crypto trading is available 24 x 7 x 365.
Stocks have more liquidity and are less volatile whereas crypto has less liquidity than stocks but are highly volatile.
Cryptocurrencies can be bought in decimals for example you can 0.0001 bitcoin too whereas for a particular stock you must buy at least 1 whole share.
4390  Economy / Trading Discussion / Re: Does using trading Bots is more profitable than conventional trading? on: July 24, 2020, 03:07:01 PM
I have a stable job and because of my limited time to spend in trading, it gives me a reason to look other options to continue my trade and it looks like trading bots is something to try especially during the pandemic situation. I'm not sure many people are looking at this but probably they are also asking about it.

"The evolution of automated machines is already performing many tasks that are done by humans in the past. With advancements in robotics and automation, the impact of the changes spans from every aspect of life and businesses to the future of jobs. In recent years, these technologies have taken a major leap in the trading business, and in the wake of COVID-19, they have escalated than ever before. This is now expected that robots and machines could have a major impact on the trading business and could eliminate conventional human-to-human voice trading fast."

source: https://industrywired.com/will-the-rise-of-robots-alter-the-conventional-trading-in-the-post-pandemic-period/

Well, it seems interesting to try and I hope this could help and see a positive result to the outcomes of my future transfer.
But I would like to ask everyone who already experiences in using trading bots and how this becomes effective in trading and boost our profit gains than stayed in a conventional trading system?

Any recommendation...
Trading bots do help a little but it does not mean that once you start the trading bot then all your work is done.
If you are starting a trading bot then it does make your trades automatically but then you do have to keep an eye on it and confirm that your trades are being carried out effectively. Besides that sometimes you also have to change your strategy and hence tweak the bot.
It does give you profits but only if your strategy is well planned. So until your strategy is right you will generate the profits.
4391  Bitcoin / Bitcoin Discussion / Re: building a crypto criminal database on: July 23, 2020, 04:10:24 PM
I guess it's just a criminal database with the filter of crypto related cyber crimes  Grin
Well it's not bad if someone is trying to maintain a databse just for crypto related cryber crimes but I don't know what benefits will it bring to the crypto community. All I can think of right now is that once a criminal is identified for crypto crime and if the same person tries to do a crypto crime again then he will be easily identified for the crime. Though it won't benefit much, it is definitely a good step for crypto crimes taking place in the crypto community.
4392  Other / Beginners & Help / Re: Why bitcoin never a ponzi on: July 23, 2020, 03:55:06 PM
There are always people who are against something. Bitcoin too has many haters who keep finding things to defame bitcoin in someway or the other.
All the reasons you mentioned as to why bitcoin cannot be a ponzi are very true. None of the ponzis last for a long time and bitcoin despite being completely decentralized has survived more than 10 years. I would say that it's still in it's early stage and once bitcoin is distributed worldwide then it will be more appreciated as a payment service.
4393  Economy / Speculation / Re: Bitcoin will NEVER reach it's ATH anymore. on: July 23, 2020, 03:35:24 PM
Your title says that bitcoin will never reach it's ATH price anymore and in the OP you keep saying to use bitcoin as it was meant to be.
Nowhere have you mentioned any reason of why bitcoin will never reach it's ATH anymore.
Though what you said is true that bitcoin should be used for payment services more rather than for speculative purpose, you should have an aprropriate tiel for the same.
You should try not to use clickbait titles as it generally decreases the quality of your post.
4394  Bitcoin / Bitcoin Discussion / Re: Finally some justice, scammer sent to jail at South Korea. on: July 22, 2020, 02:54:09 PM
2.5 years for a 249 million scam definitely doesn't seem like a fair judgement to me since the amount involved is too much.
Just imagine that you get free food and a shelter for 249 million and after that you get to keep the 249 million
Seems like you are getting rewarded for a crime though I am not sure if they get to keep that amount and even if not they might just hide it somewhere.
For such a big amount the imprisonment should have been greater than 5 years at least.
4395  Bitcoin / Bitcoin Discussion / Re: Earn and save in Satoshi on: July 21, 2020, 03:56:31 PM
That's really a nice advice that everybody in this forum should indeed try to follow.
Saving in Satoshis should be like our ultimate goal since bitcoin is what we have to accumulate and at the end the more number of Sastohis we have would be a bigger deal.
Even I have been trying accumulate more Satoshis every year and if I keep doing for more few years then I might actually save something big in the end.
Even I have been giving the same advice to my crypto friends.
4396  Economy / Trading Discussion / Re: How to transmit funds from an exchange to relatives on: July 19, 2020, 02:50:51 PM
If you lose your 2FA then binance have a procedure where it asks you for your backup code from where you can reset the 2FA and if you don't have that as well then you have to go undergo the KYC process where identifies your identity and then gives you the access to your account.

In case something happens to the owner of the account then there is nothing their relatives can do unless they have the access to your account.
This is why you should ensure that you have kept the backup code in a safe place and have informed about it to your relatives so that they can access your funds in case of a misfortune.
4397  Bitcoin / Bitcoin Discussion / Re: Institutional Interest in Bitcoin (BTC) and Crypto Markets are Rising...And the on: July 19, 2020, 02:41:06 PM
It has been a long time now that bitcoin is in the $9000 range. I guess the bitcoin market might show a change on the upcoming few days.
As we are seeing the signals of a pump in the price of bitcoin there might soon be spike in bitcoin's price.
If the institutional investors start throwing their money in bitcoin then it's price might create a huge spike.
Though there are good signals of a pump we should still keep an eye on bitcoin because if a correction happens and bitcoin breaks the support then it's price might fall down again.
4398  Bitcoin / Bitcoin Discussion / Re: Why The FBI Aren’t That Big On Bitcoin on: July 19, 2020, 02:34:53 PM
I guess the FBI is already after bitcoin for many years now. Since the beginning of the Silk road crimes related to bitcoin were taking place over all and I guess FBI would have been after bitcoin since then. Though the crimes related to bitcoin might have reduced now, it surely would be in the blacklist of FBI.
I don't think crypto investors should have to worry about their investments if they are showing their earnings to the government.
So as long as you are not doing anything illegal then you are good to go.
4399  Bitcoin / Bitcoin Discussion / Re: Twitter hacked account. Details about what really happened on: July 19, 2020, 02:28:49 PM
That's really a shame for twitter since the hackers were successful social engineering the twitter employees.
Being such a well established social media platform twitter should have had higher security on this one.
This shows how you are not so safe on the internet and why we should all educate ourself to be self secured online.
4400  Bitcoin / Bitcoin Discussion / Re: If bitcoin doesn't reach $500K in 3 years.... on: July 19, 2020, 02:16:56 PM
This is a good time to highlight this statement by McAffee. I have always been saying it myself that we should never follow any signals from anybody.
We should always research by ourselves and make the speculation rather than following others.
This way even if our speculation is wrong, we would be the one to blame and this will also give us an experience to learn from.
Bitcoin predictions are just guesses and some gets lucky at it while the others suffer the loss.
So why to follow other's predictions when you can make one yourself.
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