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5161  Economy / Reputation / Re: Did BobK71's account get compromised? on: May 13, 2021, 09:06:39 AM
This is obviously and undoubtedly an hack or someone known to BobK71 that can access his account is making use of his account, it is very obvious that the person using the account now is not BobK71. We need to monitor the post of the new user, nothing can be done for now unless BobK71 post anything related to his account being hacked, but the account should be carefully monetored in a way it will not result to any harm of any forum user.
5162  Economy / Speculation / Re: What make people panic sell? on: May 12, 2021, 07:59:30 PM
People can panic and sell when not appropriate, only inexperienced traders will do that, what mostly happen is that the price of the coin will be decreasing, after dropping to certain level, some people will panic for the price not to fall further, they will sell when experienced traders know it is time to buy, after the panic sell, the price start to rise. When to buy and when not to sell is when the market is already red, but only good traders know that.
5163  Other / Beginners & Help / Re: What are apps you used when it comes to see the value for BTC and others? on: May 12, 2021, 08:21:40 AM
You can use apps like coinmarketcap and coingecko which are good, you can also see the prices of coins on exchanges you are using, the prices are also included on wallets. Using coinmarketcap and coingecko will be good because it estimates all exchanges prices and average it which will give more better result than using only exchanges for it but the price difference will still not b that significant for coins that are not shitcoins.
5164  Other / Beginners & Help / BIP39 word list languages importance on: May 12, 2021, 12:28:55 AM
I recently checked the BIP39 on GitHub not long ago, I saw the mnemonic words now in 9 languages while Chinese simplified and traditional make it 10. I am from a country that English is the official language, all the wallet I have downloaded before are all in English, I have used three wallets at list now.

What I do expect after seeing mnemonic (seed phrase) in different languages on GitHub, I was thinking if a new downloaded wallet wants to generate seed phrase, there should be an option of language selection so that we can choose any of the language of our choice but English is what I have been seeing, I have never seen a wallet that comes with another language before than English.

Is there anything I am missing?
Is there a wallet the seed phrase is written in other languages?
Is there a wallet that give us the option to manually choose the language we want?

I think it will be a great implementation if wallets have the option for people to select the language of choice.
5165  Other / Beginners & Help / Re: Newbies Must Beware of Scammers on: May 11, 2021, 11:50:35 PM
Scams are like the most constant thing in this present cryptocurrency space both in the bearish and bullish market.
Scammers are everywhere not only about crypto, they deal more with fiats. What is most constant about crypto is bull and bear market but the bull market do always surpass the bear market, who can hold for long will profit.

About how to avoid crypto scam, there is nothing better than learning about how to avoid it.
5166  Economy / Economics / Re: CBDCs are not an "opportunity". They'll likely offer you less than you have now. on: May 11, 2021, 07:40:34 PM
I honestly don't understand why people are actually looking forward by this.  People seem to think you'll be trading them on exchanges like you do with cryptocurrencies.  I think this is a little naive.  You'll only be sending funds to an exchange if the central bank, government, regulators, etc allow you to.  And I highly doubt they will allow that.  Why would they?  Keep in mind that they will likely have the power to freeze, or even seize, funds and also reverse any transactions they don't approve of.  If they decide they don't want your coins being on an exchange, they're as good as gone.  All it takes is them making a quick adjustment to their ledger, which they will easily be able to do.  At any time and for any reason.  You won't have a say in the matter.  
So far fiat are traded using broker which are also providing exchange platforms to trade fiat, that means people will be able to trade CBDCs also, but with the brokers or exchanges that can follow the rules of the countries that created the CBDCs. But CBDCs will be coins that will not let people to have privacy, it will just be a coin of modern day monetary slavery, I mean monetary slavery because the government will have full control over it, not individuals. In my opinion, I can not have any CBDC because I like privacy, digital fiat lack privacy, but CBDCs will lack privacy more than fiat.
5167  Other / Beginners & Help / Re: What do you need to learn to make profit in Crypto? on: May 11, 2021, 07:29:30 PM
Is my strategy good or is this not good?
It depends.

If you want to join a signature campaign on this forum and profit from bitcoin, you can know more about bitcoin.

If you want to make profit from trading, you will need to learn how to trade, this does not require much knowledge about blockchain, PoW and PoS.

If you want to be a developer, you will need to know more about CSC and programing

Which means it depends. Try to know the part you want to focus on.

You can even just hodl.
5168  Bitcoin / Bitcoin Discussion / Re: Bitcoin transaction fees lower than alts on: May 11, 2021, 07:21:57 PM
How much do you have to pay currently for a Bitcoin transaction of 0.1 BTC ?
It depends on the mempool and the weight of the transaction, it is not about the amount you are sending. The fee that is needed for 0.0001 btc will also be the same amount needed for 100 btc, the amount you are sending does not matter.

To check the fee rate you can use mempool.space
To check the transaction weight, you can use https://jlopp.github.io/bitcoin-transaction-size-calculator/

You will need to know the transaction input which will add up to the transaction weight.
5169  Other / Meta / Re: Why are "Likes" turned off in this forum? on: May 11, 2021, 07:08:13 PM
I like the "Thanks" option other forums have.
If you want to thank someone, you can pm the person. If you like a post, you can merit such post. If you do not have have merit, you can report the post here. Let me tell you one thing, the merit is working good on this forum, no need for likes or thanks or whatever you are suggesting, what matters most to us here are quality post, you can see many posts that are quality enough which makes your suggestion invalid.

To report post, just take a look at lower right part of each post including your post, you will see a report button, click on it and report what you want to report.
5170  Bitcoin / Wallet software / Re: Freewallet or Atomic Wallet? on: May 11, 2021, 06:56:01 PM
Deciding between those two wallets, I'd vote for Freewallet. I find it more secure thanks to the fingerprint login and the email confirmation.
Also, they got a Multi-currency app where you can store up to 150 coins and tokens.
You said thanks to the fingerprint login? Did you actually know fingerprint has more negative side than using normal password. Like if you are with untrusted person like friends, they can use the privilege to get access to your wallet easily, like maybe when you are sleeping, all they need is your phone and finger to access your wallet. Using password will be better and safer.

Freewallet do freeze funds and block accounts.

Free wallet is custodial which is not a recommended way of saving cryptocurrencies.

In fact, freewallet is not a good wallet.
5171  Economy / Services / Re: [OPEN] MyCryptoMixer.com Signature Campaign ~ Mixing made Simple | Sr. Members+ on: May 11, 2021, 11:49:16 AM
[1] Dear Hh, if I get accepted, let me finish the Arcona campaign until the 8th round is over (at least until the spreadsheet counting is done). This means I still have 5 days left doing mycryptomixer campaign in the current round (starting post counts according to end post in previous campaign).
I think this is not necessary as far you have not been accepted already. Even if you are accepted, this would have been better through PM.
5172  Bitcoin / Wallet software / Differences between paper wallet and USB flash wallet on: May 10, 2021, 01:12:35 PM
With what I have known, I noticed storing bitcoin private key and address which can be printed or written on paper is known as paper wallet, there are certain website that can be used to generate these private key and address. But what about if I use electrum wallet offline to generate seed phrase and address, is that not also called papar wallet?

If I created a wallet using the source from wallet like bitaddress or I use electrum offline to generate seed just like I said above, but I did not save the private key on paper but on flash drive, is that not called flash drive wallet?
5173  Other / Beginners & Help / Re: Crypto is increasingly being used for criminal activities on: May 10, 2021, 12:53:58 PM
Is there any official statics that can back up your claims? Because according to Chainalysis teport only 2.1% of the total transactions volume have been used in illegal activities. And how criminals were running their operations before bitcoin and other cryptocurrencies ever existed?
Besides, bitcoin transactions, for example, are more transaparent than fiat transactions since everything is recorded on a public ledger.
I may agree with you that there is still a lack of regulation in some countries but this doesn't mean it's a safe haven for criminals.
If you read the OP very well, you will understand that the post is contradictory, he first like against crypto but later supported it, the link he included above is full of rubbish and misinformation about cryptocurrencies, that is not surprising me because some people are just blatant critics. But the topic writer later against what is on the link, which means the topic writer is supporting cryptocurrencies but his topic is absolutely not clearly written, he needs to edit the post.
5174  Bitcoin / Bitcoin Discussion / Re: An easy way to figure out what you have paid for BTC? on: May 10, 2021, 12:03:50 PM
You can track your bitcoin buy and sell using your addresses. If it is on a custodial exchange you buy the bitcoin, you can make use of the addresses, look for better blockchain explorer like https://blockchair.com or https://www.blockchain.com/explorer, you will be able to see you transaction history. If you buy from someone directly with noncustodial wallet, you can even do that with the help of master public key, the noncustodial wallet will even has the transaction history.
5175  Other / Beginners & Help / Re: Crypto currency terms you need to know on: May 10, 2021, 08:33:34 AM
2) Block chain
Blockchain, not block chain.

7) GAS: A fee for validating a transaction
Transaction fee has no name called, you are specifically talking about ethereum and ethereum tokens which gas is the fee used to send such tokens.

DeFi, CeFi, Gas and NFTs are all in the altcoins category.
5176  Other / Beginners & Help / Re: bitcoin variations on: May 10, 2021, 07:56:23 AM
Bitcoin is something new. It seems to defy understanding. Has there ever been a fixed supply money? Is there another case of production cost varying directly with product
price? Is there anything else with a competitive yet fixed rate of transactability? To see past the hype, understand the value proposition, security model, and economic behavior, this may be your only source.
Bitcoin is not something new, it does not defy understanding but novice that knows nothing about bitcoin can say that. Only 21 million bitcoin will be created, only approximately 18.7 million have been mined. Is electricity cost constant? Are mining equipments prices constant, will maintenance cost be constant? Why will production cost be constant, it is not possible.

It is not new and you can not call anything with more than 10 years old is new. You can call it is immature instead.
That is correct, bitcoin is no more new because it is over 10 years old now, it is not also should be deemed immature even if it is still getting further to $100000 price or higher because its marketcap already is over $1 trillion, there are many mature assets that are not having such huge marketcap.
5177  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2021, 10:50:29 PM
This was the last time you'd be able to buy below $58k. Onwards and upwards!
We need fomo buy

Microstrategy bought bitcoin before, and at $32000 resulted to fomo buy

Tesla bought it at $38000, resulted to fomo buy

Microstrategy again at $50000

We need whales that can cause fomo buy.

We should be patient, price will rise.
5178  Economy / Exchanges / Re: Coinbase price difference while buying BTC.. on: May 09, 2021, 09:47:15 PM
I am not using coinbase to buy or sell, but is there anything like limit and market price on coinbase, this prices can be different at times, know that the price you are seeing may not be the market price of bitcoin but the limit order price, this can result to difference in the price you want to buy bitcoin and the normal price you see. I am not sure of this but just what I think could be the cause.
5179  Other / Off-topic / Re: Google authenticator discussion on: May 09, 2021, 10:37:23 AM
It's not bad, but there are better option. There are many open source authenticator such as FreeOTP, WinOTP andOTP. Some of them even have backup/restore and encryption feature.
I did not even know there are many other open source authenticator apps like this, I have only known few, the best I have known before are two which I do recommend people to use, they are both Aegis and andOTP which offer better privacy in term of being open source and making use of password upon opening, unlike google authenticator that is not like that, anyone that get access to someone's device can get access to Google authenticator directly unlike the ones that also have password or pin included in addition.
5180  Alternate cryptocurrencies / Altcoin Discussion / Re: Best crypto to stake and how on: May 09, 2021, 09:46:15 AM
Oshosondy what do you mean by decentralized exchange staking? I don't know about other wallets but binance exchange owns trust wallet and that staking on their app moves your assets into another wallet for staking, that's not decentralized to me, it's complete centralised staking
The best decentralized exchanges existing are the ones that support bitcoin, if you check the exchanges that you can stake, you will notice that bitcoin is not supported, they are ethereum, binance and other coin exchanges that support their tokens. That is why the real decentralized exchanges that are still existing are bisq, hodl hodl and others similar ones. Those staking exchanges are just no kyc exchanges but they are not decentralized like people think.
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