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4401  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).
4402  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.
4403  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.
4404  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.

4405  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.
4406  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.
4407  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.
4408  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.
4409  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.
4410  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.
4411  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.
4412  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!
4413  Economy / Service Discussion / Re: Has anyone tried LibertyX's new buy BTC service (CVS & 7-Eleven)? on: October 24, 2020, 08:41:20 AM
Upon checking 7 eleven stores, I still don't see LibertyX option to buy Bitcoin here in some 7-eleven stores in the Philippines.
Honestly, buying Bitcoins in 7 eleven is really much comfortable, especially I already tried it before here in the Philippines, but it's the Abra + 7 Eleven, they are using Abra for buying Bitcoin.
I can't wait to become available here in 7-Eleven Philippines store. And make tutorial again, just like what I did before: [STEP BY STEP] Tutorial How to buy Bitcoin at 7-Eleven Stores in the Philippines
4414  Bitcoin / Bitcoin Discussion / Re: First Terror Attack Related With Bitcoin - INDIA on: October 24, 2020, 08:36:25 AM
This is not really something new. A lot of secret funding have been going on with bitcoin. Bitcoin is actually not the problem.
(....)
You got a point here, it's already a lot of people using Bitcoin for these kinds of attacks or some criminal activities.
This is what Bitcoin made for; to have the freedom on using our own funds. But not use it for criminal activities.
I am not also a hater of the government that wants to ban using cryptocurrency since for them it's the best they can do to stop these kinds of criminal attacks using Bitcoin or other cryptocurrencies. But banning will still not make totally solve it, there will be always alternatives.
4415  Bitcoin / Bitcoin Discussion / Re: Paxos will be holding your PayPal's Bitcoin on: October 23, 2020, 02:37:26 PM
Now, with this latest trend on Bitcoin and more on positive news for Bitcoin and the whole cryptocurrency.
I am glad that there is/are involvement of other altcoins, unless this Paxos which I am glad they are just a stable coin, no pumps or dumps will happen with this stable coin, no one will take advantage of this news, like some "buy the rumors, sell the news" things.
4416  Alternate cryptocurrencies / Altcoin Discussion / Re: POLKADOT - "The backbone of decentralized internet or the so called Web 3.0" on: October 23, 2020, 02:30:50 PM
Honestly, for me, POLKADOT is kinda hype. A lot of people started to compare POLKADOT to Ethereum, which is for me, POLAKDOT is really far from Ethereum.
But I don't really disagree with what POLKADOT roadmap is. They are totally one of the big contributors in cryptocurrencies, that's why I don't need to hate them, they are here now for innovation, which is good also.
About decentralized internet or Web 3.0, for me, we are still far from reality and it will not matter to me if POLKADOT delivers it, it's still innovation for me in technology which is really much appreciated.
4417  Economy / Speculation / Re: bitcoin price now and something interesting on: October 23, 2020, 02:19:38 PM


I think what happening is FOMO right now!
Especially if you will compare the volume when we are around $11,00 and break above $12,000 to we now where we broke $13,000 and we are playing ranging on it.
The volume really shows for me that the break above $12,000 up to $13,000 is extraordinary, and really a strong one. Not bull trap for me this time.
4418  Economy / Trading Discussion / Re: MicroStrategy - open with their addresses? on: October 22, 2020, 11:30:41 PM
(....)
So in case anything shady was done, then everything will be reflected in the audit reports.
Can audit reports be seen public? Since I think OP really wants to know if they really holding those bitcoins they bought as what they told in the public. Me too, I want also to check it, lol. But you got also a point that lying about these can be also huge negative effects on them. They bought bitcoins and told it to the public and it has to do with their public relations and reputation too.
4419  Alternate cryptocurrencies / Altcoin Discussion / Airdrops Confusion on: October 21, 2020, 11:25:17 PM
This thought just comes to my mind especially these days, with a lot of altcoins doing airdrops or giving away different altcoins.

But I got some confusion here when the "airdrop" term used.

Because for what I believe the meaning of "airdrop" is a way of giving a free coin/s to some wallet addresses without seeking any investment or doing nothing.

Are those spreading all over around especially in this forum known to be an "airdrop" is considered an airdrop or bounty campaign since some of those are requiring people to fill up some of the forms or need to sign up or follow some social media accounts, etc?
Since you did some task or work to get those coins.
4420  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Do you think we have more bounty hunters now because of the pandemic on: October 20, 2020, 01:00:46 AM
I think it is really possible that we have much more bounty hunter because of this pandemic than the previous years because several of them loss their jobs and as well as they looking for a more convenient work which turns them into cryptos and became a bounty hunter.
A pandemic can be the reason too, but for sure those people who experienced what happened in bounties after the bull run in 2018, a lot of altcoins also dumped and most of the bounty tokens rewards are wasted or it cost nothing anymore.
Most people are staying at home so, they can be more on surfing over the internet like some are working from home with the help of the internet. And also it is like some online games, a lot of online games got a massive increase in players when the lockdowns started the last few months.
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