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4761  Bitcoin / Bitcoin Discussion / Re: RIPPLE CEO goes on CNN , attacks Bitcoin on: February 19, 2020, 02:46:37 PM
They give this guy 21 mins of airtime, and he basically says that China "controls" the Bitcoin blockchain. Some other gems in there too.

https://www.youtube.com/watch?v=-Ag6kxco4kk


Look look who's talking about controlling the coin  Grin .
Ripple has been releasing new coins out of thin air for a long time now. This basically proves they are the ones who are controlling their platform.
Bitcoin is decentralized with limited supply and hence, it's way better than XRP.
4762  Local / India / Re: Play Quiz and Win BTC on: February 19, 2020, 02:21:22 PM
It would be nice if there was an exam that we could win merit instead of btc Smiley
I congratulate you on your initiative. Thank you
Merits are to be "earned" by making constructive posts on the forum which contributes in helping the people.
This is why merits were invented in the first place. You can easily get merits if you make helpful posts in the Indian board.
Just be straight to the point and make your posts constructive and you will get merits for sure.
4763  Local / India / Re: [ANN] GREAT INDIAN RAFFLES - Game On until bitcoin in escrow lasts!!! on: February 19, 2020, 07:07:14 AM
Reserved for updating future ideas or something similar.

If anyone have any other interesting thoughts and ideas which could encourage the posters in better way, do share them here.
I have an idea for new Indian members joining the community to make money, fame as well as receiving merits by contributing to the forum.
The most helpful post of the month will receive a small BTC reward.
Merits are obvious since the post itself would be 'most helpful'.
Lets keep this limited upto Member rank or Full member rank since members above that are already expected to make genuine constructive posts.
We can keep it as a monthly or once in 2 weeks sort of thing.
4764  Local / India / Re: [GREAT INDIAN LOTTERY] #2 - Pick a lucky number to win 0.001 bitcoin on: February 19, 2020, 06:51:06 AM
f

BTC address : 35udw85sr4h5m1pteVSjaNJiTfQLU5nZfk
4765  Local / India / Re: Zebpay: New policies, new management, and new beginning? on: February 19, 2020, 06:10:03 AM
Zebpay was giving great service to all Indians crypto investors in the past with best charges for converting our crypto currencies to Indian rupees but after crypto business goes shutdown due to regulate issues.

Now there are best crypto p2p exchange platforms like wazirx,  giving good service with decent charges but now zebpay come back with new management team, maybe they have to give good offers to get back customers so they should charge decent fee for their services.
Wazirx is closed in India long time ago and the owner who tweets everyday for Bitcoin regulation. In the past I heard that wazirx will join with Binance.
It all depends upon the customers whether they will go with zebpay or not, but sure they will use Zebpay at the moment.
1. WazirX is still functional and I have been using it on a regular basis.

2. Zebapy is making a comeback but it's not that big a deal because they have not mentioned about Crypto to fiat trading anywhere.
They just mentioned about Crypto to Crypto trading which is not so big deal.

3. They will be charging a nominal fee and that too for those wallets which are dormant throughout the month.
Even if you do one trade for the whole month then you won't be charged.
4766  Local / India / Play Quiz and Win BTC on: February 19, 2020, 05:57:01 AM
I am going to organize a game (quiz) soon where the users will have to answer all the questions and the one who answers all the questions correctly will win some BTC as a reward. Questions will be related to bitcoin, cryptocurrencies, blockchain, exchanges etc... and the first two people who answers all the questions correctly will get the prize.
This is being done to increase the board activity and bring in more members to the Indian board. Anybody can take part in the game.

Reward : 0.0005 BTC each
Quiz will be released soon (probably on Sunday)

People can vouch in to put more ideas and reward prize(I think 0.0005 should be sufficient as a start since the quiz won't be so difficult).

Note: People should play the quiz not only to get the reward but also to test their knowledge on crypto.
Encourage each other to play the quiz and lets have some fun time in here.

4767  Bitcoin / Bitcoin Discussion / Re: Did Satoshi think that quantum computers will exist? on: February 18, 2020, 03:30:19 PM
Satoshi has mined the most coins.
In 2010 they were talking about lost coins and Satoshi said

Quote
Think of it as a donation to everyone.
https://bitcointalk.org/index.php?topic=198.0

1. He thought the coins are lost forever and we have a lot of 'shalecoins' https://bitcointalk.org/index.php?topic=5134441.0 and they will become active one day

or

2. Satoshi created the greatest prize competition and the privatekeys are somehow within the blockchain. https://bitcointalk.org/index.php?topic=5150688.0



1. Yes, with quantum computers they would become active. Did Satoshi think that quantum computers will exist?


I think we should know what is the quantum computers first? And I think this video is the most understanable information way.

https://www.ted.com/talks/shohini_ghose_quantum_computing_explained_in_10_minutes?utm_campaign=tedspread&utm_medium=referral&utm_source=tedcomshare

If you know what is the quantum computer now. Then you may understand it is not possible to know this things 10 years before.
I saw the whole video and now I have a doubt. The host said that quantum computer can be used to create private keys.
If that's possible then I believe quantum computers can also be used to hack the private keys of other users.
This will make the bitcoin network very vulnerable and hence will break the network eventually by creating a panic in the market.
4768  Bitcoin / Bitcoin Discussion / Re: Mail Bombing in exchange of Bitcoin on: February 18, 2020, 02:54:36 PM
I see what's happening here. Nothing has changed but the ransom.
Earlier, people used to do the same kind of crimes and ask for cash and gold and other luxuries and now it's bitcoin.
Criminals have got smart to ask for bitcoin as ransom since they know it's hard to track.
It's the duty of the cops to investigate the crime and look for the criminal. Paying the ransom will just invite other criminals to do the same.
4769  Bitcoin / Bitcoin Discussion / Re: Take the latest Crypto Quiz and find out if you are the next Satoshi Nakamoto! on: February 18, 2020, 07:22:27 AM
Just took the quiz. Started with Intermediate to see what level of technical questions it has.
The intermediate level seems like beginners to me  Grin.
Took the Expert level later which impressed me. I didn't know the answers for 4 questions.
It was fun and hence the merit. Enjoy !
4770  Bitcoin / Bitcoin Discussion / Re: Craig Wright: A Very Wrong Person on: February 18, 2020, 07:11:11 AM
we should not even think about him anymore since the whole crypto community recognize Craig Fucking Wright as Faketoshi.
He has been proven wrong so many times that people don't even listen to him anymore.
Let the guy enjoy in his own world. Besides that, he is giving us more things to laugh on him  Grin
4771  Economy / Trading Discussion / Re: When trading, never ignore the statoshi value of your coins on: February 16, 2020, 02:41:26 PM
Obviously we should not ignore the profits in Satoshi. People usually don't pay attention on their Satoshi profits because they are overwhelmed with their fiat profits.
While fiat profits are more than enough, Satoshi profits are actually the one that matters the most and especially in the long run.
I always pay attention on how much Satoshis I am gaining or losing. Also, it's not always bad to lose Satoshis.
Sometimes we should let go the small Satoshi loses and be happy with fiat profits  Smiley
4772  Economy / Trading Discussion / Re: BTC/USD trading without Bank Account on: February 16, 2020, 02:34:29 PM
If you already have some bitcoins then you can just open any exchange which has BTC/USDT pair and deposit bitcoins in it and then trade BTC/USDT.
If you don't have any bitcoins then you can deal with some local seller for cash and get some bitcoins.
Eventually you will have to get bitcoins from somewhere and then trade USDT with it in any exchange.
4773  Economy / Trading Discussion / Re: What is your trading app? on: February 16, 2020, 02:17:29 PM
I usually don't use mobile apps for trading since desktop provides a larger screen and more convenience.
I use trading view on desktop and the regular exchanges like binance etc..
On mobile I use binance and WazirX which are exchanges. I don't need separate apps on mobile to trade.
4774  Economy / Trading Discussion / Re: I was offered to EXCLUSIVE TRADING BOT - whats that? on: February 16, 2020, 01:55:36 PM
Hi guys,
i was offered to trade through this platform.
I have no intention to do so, but would like to check credibility of the person.
Whats your opinion on this platform? And also any others? Are out there legit platforms?
I only get it on the phone via Telegraf. Nothing about found on the internet.
Fake, scam, fraud?
Never go for these bud. Most times, people on telegram offer fake services and get money from you and then scam you.
Secondly, trading bots are nothing but automated scripts which performs the trade for you.
There is no guarantee that it will always generate profits for you. So in my opinion it's a waste of time and money investing in trading bots.
4775  Alternate cryptocurrencies / Altcoin Discussion / Re: Metamask Reaches One Million Users on: February 16, 2020, 01:48:30 PM
Metamask surpassed 1million users, as the Ethereum market price pump to 300$ and the market cap is back to 30million $.

The ethereum transactions was double from 400,000 to 800,000 transactions a day.




Reference:
https://www.trustnodes.com/2020/02/14/metamask-reaches-one-million-users
Are you sure that ether's price crossed $300 because I just checked coinmarketcap and the 24hr high was $282 and so I checked the 7 day high and it was about $287.
May be ether's price would have crossed $300 on some particular exchange but the global ethereum price is still around $265.

Nice!

Looks to me like there is also a FOMO happening in Ethereum. Not just bitcoin.
It could be because there is no exact date when Ethreum 2.0 will be implemented and they panic.

What if it will be tomorrow? Those kind of question might be on their mind asking themselves if they should buy now.
Really feels good to be a beta tester of the new face of Ethereum.
Ethereum 2.0 still has a few months to be launched. The Ethereum team once said that Ethereum 2.0 will be launched at the end of first quarter of the year but then they postponed it.
So it's probably not gonna launch for the next few months.
4776  Alternate cryptocurrencies / Altcoin Discussion / Re: Facts about bounties on: February 16, 2020, 01:38:41 PM
I would not recommend anybody to join bounties these days because people have been scamming a lot of users in the name of bounties.
Fake projects get launched and scam people into joining bounties and promoting their fake projects for free.
Although there are genuine projects that actually pay the people, bounties have a bad reputation because of the tremendous amount of scams happening.
4777  Alternate cryptocurrencies / Altcoin Discussion / Re: If google has its own crypto currency? on: February 16, 2020, 01:24:46 PM
In terms of market cap, daily transactions, usability etc it would beat Bitcoin easily.

However, privacy is the key point of the currency. If it's centralized and has privacy issues, Bitcoin can't be beaten. And I don't think a currency created by Google would offer us the same freedom Bitcoin offers. It's Google, after all. But the project might fail as well as Facebook's Libra did.
There is no question that if Google launches it's own cryptocurrency then it's gonna be centralized.
Google has created so many products and services over the years and we can see that most of it's products needs Google's support to function properly.
So even if Google has it's own cryptocurrency, it will keep it Centralized in order to fetch more data from it's users and keep tracking them to the eternity.
4778  Alternate cryptocurrencies / Altcoin Discussion / Re: IOTA Shuts down it's mainnet as investigations is ongoing about stolen funds on: February 16, 2020, 12:57:18 PM
This thing is big bud. Blocking the mainnet shows the people how centralized this project can be.
Even if the investigation was supposed to happen, they should not have blocked the mainnet since it has now created a panic in the market.
All of this incident has created a bad reputation for IOTA according to me. People will rethink now before investing in the IOTA project.

4779  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Hardware wallet really secure enough? on: February 16, 2020, 12:12:49 PM
The hard truth is, nothing in this world can be protected forever. Whether it be a living thing or a non-living thing.
We can only try to secure a thing for as long as possible but eventually it has to go some day.
A hardware wallet is the most secure wallet out there but even that can be cracked by some means.
We just have to find a way to crack it. As  @rosezionjohn said, in this case, the wallet had a flaw by which the hackers were able to crack it.
I am sure that the flaw will be rectified soon.
4780  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH could reach $440 if bullish on: February 16, 2020, 12:03:26 PM
Ether is the most potential coin after bitcoin which has the capability to increase more than any other altcoin.
Ether has proved itself by increasing to a price of $1400 approximately in the last bull run in 2017.
I believe Ethereum has more to offer than bitcoin as a technical platform for cryptocurrencies.
In my perspective, there will be more number of supporters for Ethereum in future than for bitcoin.
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