Well, this makes sense but how safe is running a Node on a phone? Wish the device and OS that powers it are open sourced. I guess Android custom IOS would be good in this regard, but how about the phone production? Open sourced phone production, maybe? This is a good idea anyway. Whether it is low quality phone or not, doesn't matter atall. Phones are always online... which is very important for quite background syncing of nodes.
|
|
|
NEO does not have alot of users. That is probably why the price isn't improving. Where did you get the information that it is the leading cryptocurrency in China. I think it was called Ethereum of China or something. This is the only thing I have heard that relates NEO to China. Besides, Chinese government isn't Crypto-friendly
|
|
|
How are other coins doing compared to Bitcoin? Not encouraging, right? So, why not focus more on the cryptocurrency that you feel safe in? You could Invest only small part of your crypto fund in other coins, especially those that are well decentralized and with potential to grow in the future. Or you could day trade those altcoins while holding (and day trading) Bitcoin & maybe few top altcoins.
|
|
|
can anyone invest in new IEO listing in new exchange or it will be risk, i think if the price is low, it have the chance to increase, o what is the experts opinion?
What is the name of the exchange? I honestly do not know how IEO works. I doubt I have ever seen IEO projects before aside from those on forum members signature. but I will suggest you invest in those on reputable exchanges. However, if you want to take risk on new exchanges that is up to you. Just don't invest what you can't afford to lose. Why do you want to invest in the coin by the way? Have you researched into the project to know whether it is scam or not?
|
|
|
With this possibly upcoming crisis in mind, what you guys think about investing in stable coins standardised with fiats? Is is even a thing, that they will sink like a stone, just like fiats will? Are there any mechanisms that can protect such stablecoins? Or maybe, I have a misconception of the reasons for their existence and nobody is actually hoarding st.coins?
Well, if fiat currencies sink, most/all stablecoins will definitely sink with them unless they are not really pegged to fiat or are scams. I guess we need some creative minds to create some sort of stablecoins that are pegged to other things that wouldn't be too affected by such crisis. I have different things in mind for this but haven't really researched into them, to understand how they react during global crisis. I think cryptosphere should have different options and not just stablecoins that are pegged to fiat currencies
|
|
|
Interesting one. I wonder what the apps listed above are trying to do in the victims Mobile devices. I tend to uninstal or disable any "find your phone" app whenever I find it in my phone. I find them pre-installed before I purchased them. I doubt if most of them are safe. Other apps mentioned above were noted to change their app icon picture to make them appear to be harmless and essential apps. Some of the names used were said to be “Google Play Store”, “Update”, “Back Up” and “Time Zone Service” This is really unfortunate. Many people who download those apps musr have fallen victim to this. I wonder if there are good mobile anti-virus that can detect this changes.
|
|
|
Stablecoin has a unique purpose— its main purpose is to protect traders from crypto volatility. I don't see why they can't exist side by side with Bitcoin/cryptocurrencies. Stablecoins are pegged to fiat currencies, especially dollar. They depend on the centralized value of fiat. Bitcoin and other Cryptocurrencies are independent of fiat.
|
|
|
Was there any option for free shipping? Or you avoided it because it takes longer time? Ads are usually exaggerated to attract customers. You probably should have gone through the company's website to understand if the advertised price is the actual price. They normally have hidden charges somewhere that can't be easily noticed.
|
|
|
Please I may not be the only lame man here I've longing to know why People typically use bitcoin mixers to mask any previous "questionable" transactions from the bitcoin that they are likely cashing out in their real name. Now let me know about purpose of mixing bitcoins.
Improved Anonymity is another reason why people mix their coins. I believe the mixed coins can be used peer-to-peer without providing ones real name. You can safely do peer-to-peer transactions with fellow countrymen within thesame country Bitcoin transaction isn't really anonymous, that is probably why lots of people use mixers. Privacy/anonymity is legal in many countries as far as I can tell
|
|
|
So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.
What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?
Bounty hunters should learn to research into projects they want to promote or organize and get skilled volunteers to do the researching for them. The volunteers have to be rewarded once in a while. Hope you don't expect the forum owners and moderators to do the research for you for free. It going to be time consuming. Not every project is a scam. Some see everything as scam because they expect quick reward. This whole thing should not be seen as regular source of income
|
|
|
Fiat currency as defined by Wikipedia https://en.m.wikipedia.org/wiki/Fiat_moneyFiat money is a currency without intrinsic value that has been established as money , often by government regulation. Fiat money does not have use value , and has value only because a government maintains its value, or because parties engaging in exchange agree on its value Is that what you want for altcoins? Currencies without intrinsic value? Lol. There are altcoins that kind of qualify as fiat currencies though. Bitcoin don't really have strong competitors in my opinion. It is more decentralized and is the real cryptocurrency
|
|
|
What would happen if people didn't follow greed and projects didn't promise crazy gains? If this was not main theme of ICO craze, but instead - true and honest support?
If you support someone for example through Patreon - you give him money and you don't really think much what will happen with this money - it's lost for you anyway and you feel good for supporting someone you like.
If all ICOs went that route, sure, we wouldn't see such crazy gains but we wouldn't also see such falls. People supporting projects that would fail would probably don't scream "scam scam!" all the time.
If you give a dollar on a street to someone begging, you usually don't follow him later and check what he bought in a store - liquor or food. Yeah, you are dissapointed probably if you see him drunk next day but you simply don't give him more money.
If ICOs was organized more like that, I think it would be much more healthy environment.
This will really help eliminate greed and people will begin to support projects they're genuinely interested in. It'll also reduce the number of people investing in projects they are not knowledgeable in. However, I do not think it is a good idea to invest and not "follow" the developers. People are more motivated to work and be honest when they know they are being watched.
|
|
|
It is interesting to note as well, based on that article that Binance still uses Legacy wallet as input address that can really ballooned the fees by x amount. Anyways, it still boils down to business + profit, at the end of the end, those exchanges really needs to find ways to generate and squeeze every penny out of us, crypto traders.
This is not a problem with Binance alone all of the exchanges have a very high withdrawal fees and 0.0005 BTC is the standard fee and some exchanges even charge as high as 0.0015 BTC HitBTC for example and CoinMex has the highest fees 0.002296 BTC. There is no one protesting that and so is the reason they are continuing that old fees. If you are looking for free withdrawal fees go to Bitstamp and Coinbase Pro. To know the complete list of withdrawal fees here is the exchanges and the fees they are charging. Thanks for this website: https://withdrawalfees.com/coins/bitcoinANXPRO and CoinMex charge $20.73 and $23.80 respectively. I guess both exchanges are for traders with lots of money. I do not see how average traders would use the exchanges. Exchanges with free withdrawal fees: Bitstamp Coinbase Pro Liquid Shake pay
|
|
|
Things that damage the economy indirectly.
For example I feel that fast food and an unhealthy lifestyle leads chronic health problems that probably affects the economy not just monetarily.
Of course we can't just deny these people care, just promote a healthier lifestyle.
What are other things that we can change that will affect the economy in a positive way?
I totally agree that not eating right can indirectly contribute to economic problems. Other things people hardly take notice of is negativity especially negative news. Avoid negative news as much as you can. Put your mind on positive things that matter. You could check the news headlines once in a while but don't dwell on the contents. If you must read news, read those that do not cause you to hate things you do not understand. Read news that have balanced reportage... not those pretending to be balanced. Hate and Bitterness blind people from truth. When you're told somebody is evil by media, hear from that person before jumping into conclusion. Do thorough investigation. Your investigations will always surprise you. When most people on earth begin to investigate news before believing, we will probably experience some peace in this world. If you can handle negative news that's fine.
|
|
|
Day trading DigiByte would be better than "investing", in my opinion. It's way too risky to invest in cryptocoins that are not top 10. Besides you are a newbie and shouldn't be dabbling in lesser known altcoins. DigiByte was doing quite well in the past until the 2018 crash though.
Why not invest in Bitcoin? It's the safest Cryptocurrency to invest in and can be more profitable long-term.
|
|
|
IF the whole world ban BTC at first BTC will Crash very hard but only for a few month, Demand will be increased while there will be no Legal Seller, All trade will go to undergrand and Black market and illegal traffic, sellers will start to selling BTC 50 X more than current price. BTC will be more expensive, As simple as that, That was an answer for these who said BTC will die if whole world Ban it, So no BTC never Die.
This makes alot of sense. Me too believe it will crash and begin to recover gradually... Price will then sky rocket later. And demand and supply will begin to determine the price of Bitcoin. I remember back then as newbie how price of Bitcoin was fairly predictable, with periodic rise and fall. I think it was monthly fluctuation back then. Maybe I came during the good times.
|
|
|
Well we cannot blame the US congress if they are pushing to regulate the cryptocurrency sector and placed under the bank secrecy act because of illicit activities. As long as these syndicates are using cryptocurrency in their transactions as form of payment the government will use its authority to uphold the law for the sake of its constituents. If only there are no abusers who use cryptocurrency in illegal activities then we will be free from regulations.
I don't have any good data but it is safe to say that cryptocurrency industry has one of the most scams around, no wonder some people are assuming that this industry is a big scam by itself. Then the government has no choice but to act because of many complaints from the scam victims. Of course, this is not the fault of crypto industry but by the scammers big and small. The government can intervene because they must do so and not doing anything is a big dereliction of their duty. We can say that the government is just using escape goats so they can regulate the cryptocurrency industry according to their point of view. But is there an ordinary guys like us can do if the government will decide to do it one day? NOTHING...as under the law the mandate is not on us but on them to pass laws on anything and implement them. We can, of course, make some protests like what is happening in Hong Kong right now but are we willing to face the risks involved? I think we are not ready for that.We should however make it clear that it is not Bitcoin per se that will be regulated because technically that is impossible as it is a decentralized platform but they can easily regulate activities and businesses involve with and surrounding Bitcoin. And we are now seeing that in many cryptocurrency exchanges. The problem with the people in this industry is that we are fully developing its potential focusing on the P2P feature and so we rely too much on third-party infrastructure because it is more convenient for us. No need for protest atall, decentralized Bitcoin is fine. I don't know what is happening in HK currently but when I see videos of horrible things done in the name of protest, I immediately stop and close the videos to regain my sanity and peace of mind. Hope what I watch is not what is going on there. Bitcoin is transparent enough. So the security agencies can take advantage of this transparency to monitor things.
|
|
|
I think those who wish to do the cryptocurrency will should try as much as possible to avoid letting this into the hand of third-parties. I would prefer having my cryptocurrency automatically transferred to my family once it's certain that I am dead. Peer-to-peer transaction is a very important ideal of cryptocurrency.
|
|
|
Probably due to their past experiences with new projects. Genuine projects are quite few in numbers compared to scams. So people would naturally react negatively to new projects whether they read the whitepaper or not. Unfortunately, genuine projects are also affected by the lack of trust in new projects. I guess if developers can get few neutral & informed or technical people to read their whitepapers , and make honest public comments on them, they will attract many investors
|
|
|
I'd like to discuss DEX exchanges and its variety. There are many of it, and top-lists of top DEX exchanges are appearing often as well ( here's an example for 2019). After reading one of the latest articles about it, I started to think -- there's too much info and not all of it is trustworthy. Reading reviews, comparing fees... I'd like to know which DEX platform you use and how did you make a decision about it? Could you tell if you stick to one particular platform or use several of them? What criteria did you rely on? I really like that you say not all the information on decentralized exchanges are trustworthy. This is actually true. Not everything that is called DEX is truely DEX. Decentralized exchanges should be well decentralized in my opinion for it to be considered safe. So, Google "the most decentralized cryptocurrency exchanges" for recommendations. Before you start using the recommended ones, make sure they are actually decentralized and not partly decentralized. It should be decentralized, trustless/permissionless etc
|
|
|
|