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5221  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Why Binance can be the next e-gold or LibertyReserve on: April 28, 2021, 08:17:49 PM
You are right that people can save bitcoin and even some altcoins on binance and earn interests, but binance is still a custodial exchange, which means users are not having the key to their coins, which means binance has the keys. I will not recommend such because if we do not have the key, then we do not have the coin, which means we do not have the full control over our coins. It can be an active income for some people that have huge amount of bitcoin, but not advisable.

Governments around the world are getting more knowledge day by day, very possible to not allow their citizens to trade on binance just for the reason you mentioned above about taxes, the reason we are still encouraging people to make use of noncustodial wallet, no government can shot down noncustodial wallets.
5222  Other / Politics & Society / Re: Vaccinated people are walking biological time bombs and a THREAT to society on: April 28, 2021, 07:49:34 PM
This is one of the reasons people that believe in natural ways like Jet Cash do not recommend these vaccines, it will likely be a way the virus will be hard to deal with by humans, instead to let this be naturally, pharmaceutical companies are getting ways to favour themselves by making more vaccines which might even make human immunity not to be as before.

I believe in staying naturally healthy, sleeping early and having enough rest, eating healthy especially foods and fruits that contain healthy nutrients. Staying natural is the best, like me I am not part and can not be part of them that will take that vaccine, but I am still doing all necessities to avoid the virus.
5223  Alternate cryptocurrencies / Altcoin Discussion / Re: Serious Question: Bitcoin Monetary Policy vs Dogecoin Monetary Policy on: April 28, 2021, 06:47:17 PM
Not sure on this one, but in order to change the block reward in Bitcoin there needs to be mass decentralized consensus to update the code.  I'm not as well versed with Dogecoin, does that same principle apply to Dogecoin?  Maybe today the nodes/miners are highly centralized but could that change in the future with more adoption?
Bitcoin block reward do change in every 210,000 blocks mined, it is an automatical process or algorithm, bitcoin is so decentralized in a way nothing can be able to change the block reward, anyone that tries to change the block reward may only lead to nothing or hard fork in a way new a coin will be created, but bitcoin will remain being bitcoin as it has been happening before.

Doge is not decentralized like bitcoin, but I am not sure the control the creator has over doge, but Satoshi Nakamoto created bitcoin in a more decentralized way. There are many coins that can even been burned or more created in which there supply can be altered, but I am not sure if such can be applied to doge, depending on how decentralized it is.
5224  Bitcoin / Bitcoin Discussion / Re: Nexon Purchases $100 Million Worth of Bitcoin on: April 28, 2021, 06:37:50 PM
Should I say this is the era of institutional whales, the instructions that are making use of bitcoin now have increased, this is encouraging many fomo people and people generally to invest in bitcoin, this will also be a very good reason the price of bitcoin increased recently. Bitcoin has been a great asset of last decade, and yet remaining promising to be one of the most successful asset of this decade. I will not see it surprising again if more institutions are buying bitcoin.

And it was the right decision. Buying btc is always the right decision.
Yes, I too see it as the right decision because bitcoin is not too late to invest in bitcoin, and it will never be too late as its deflationary.

At least two companies that have adopted bitcoin at this time are nexon and tesla with a total of more than 1000 Btc, I am sure there will be other companies that buy bitcoin as did the two companies.
What about Grayscale, Microstrategy and many others, they are all companies that deals with bitcoin. There are many companies that have also invested, there will be many companies that may not yet disclose their bitcoin dealings, bitcoin have gone beyond thinking only two companies have invested in it, even the big companies are obviously more than 2 not to talk of small companies.
5225  Bitcoin / Development & Technical Discussion / Re: Offline Transaction on a airgapped computer -Transaction process- on: April 28, 2021, 06:26:27 PM
You should take care that nothing is transmitted to the air-gapped computer other than the unsigned transaction.
I have heard some cases that it is possible malware can transmit through the use of USB for transfering the unsigned transaction, though I do not know how true it is, but it should be a very good reason we should still make sure our air gapped wallet is not having malware. Though QR codes can be a difficult means or impossible means that malware can be transmitted which should be the best way of transfer unsigned transactions to a cold wallet for transaction signing.
5226  Other / Beginners & Help / Re: This Forum contains too much info but.... on: April 28, 2021, 05:56:27 PM
AT the moment we mostly relie on USDT and binance 2 most important things in crypto.
You need to change the way you are posting, you said tether and binance are the most important things in crypto, yet tether is not worth 10% of bitcoin marketcap, there are also many other substitute for tether like BUSD, USDC, TUSD and many others like that which are called stable coins, just know tether is not as very important like you are saying it when there are substitutes, but though very healthy to the market if nothing happens to it.

Also binance have substitutes, huobi global is the potential competitor to binance, the difference is that binance makes trading easy without user undergoing tedious verification unlike on huobi globa, there are other exchanges that are common and that contribute so much to exchange volume, like the coinbase, HBTC and many like that, if binance fails to existing from now, the crypto marketcap will be affect in a way it will deep lower in price and decrease the more, but the people will put money into crypto again, and the market will rise again. This is the reason I do not see binance to be called most important when there are substitutes.
5227  Other / Beginners & Help / Re: To keep coin long term on: April 28, 2021, 07:16:13 AM
This is mainly a bitcoin forum, so the answer would be pretty obvious.
Just a correction, advice about investing in bitcoin is not about this forum being a bitcoin forum, it is just about bitcoin being an asset, that if we invest today, we will gain after a while.
5228  Other / Beginners & Help / Re: To keep coin long term on: April 28, 2021, 06:55:30 AM
You are welcome to this forum. If you want to hold, no professional will tell you the exact coin to hold, you will need to research about it after making you suggestions. But if I am to advice you, you can go for bitcoin, but that does not mean some other coins are not good to invest, but make a very good research before investing. Know that you can lose if you start investing, but do not panic, if you truly hold, coins like bitcoin will increase price after long time which will make you gain. You should know how shit coins are very dangerous, they are the very low volume coins of no value that newbies can think of having potential tomorrow, although some can have potential tomorrow, but many or most of them can result to complete lost of money invested, I will advice you to stay away from shit coins.
5229  Bitcoin / Wallet software / Re: Crypto wallets keep you safe on: April 27, 2021, 08:59:42 PM
Bitcoin is a very good alternative to fiat but not fully a substitute, they can exist together which makes humans to find means of diversifying money and assets. I do not see bitcoin promoting cashless society because there is still money printing, if you are also talking about fiat generally, is fiat not one of the major means that are used to buy bitcoin. Also know that fiat can be cash and also can be in digital form, the fiat that has been in digital form really help money printing to reduce because some people are making use of fiat in digital form also.

Bitcoin can be stolen, but it offers privacy which digital fiat can not offer, if it's private key or seed phrase is problem saved, it will not be stolen from someone, but this takes a very careful knowledge and experience. But one thing I like about bitcoin is that it is helping people in countries that their fiat are getting devalued to be a safe haven.
5230  Other / Beginners & Help / Re: Newbie warning on: April 27, 2021, 07:15:18 PM
Nice knowing the rules of this forum, it will help you not to do what will get you banned, but you still need to know some many other things, just read this also, you will be able to know more about this forum. I will like you to know that this forum is about bitcoin, read more about bitcoin and you will enjoy being around us.
5231  Bitcoin / Wallet software / Re: Finding private key in Blockchain wallet on: April 27, 2021, 09:09:39 AM
Looks like it's a lucky guess of seoincorporation since the only clue of the wallet being old in the OP is: he's trying to claim BTG which is a quite old fork, there's no clue in case of "imported address scenario".
I too was thinking as much when I saw this thread, because I was unable to see private key on blockchain wallet, only address can someone be able to see, not even address but a QR code to master public key. If someone will need to find out his blockchain wallet private keys, he will need a BIP39 private key extracting tool for that, Iancoleman will be the perfect fit for that, or the seed phrase can be imported on a wallet that can reveal the private keys of easch addresses, just like on electrum which can also reveal the private keys.
5232  Bitcoin / Bitcoin Discussion / Re: Bitcoin dominance reach below 50% but back to over 50% in no time on: April 26, 2021, 06:29:06 PM
The dominance and marketcap are more accurately reflected real things in bear market. In such market phase, altcoins will be pulled back to their real values and scam projects will be killed to 0. Their contributions to total marketcap will be dropped significantly and scam project will have almost zero marketcap contribution.
I guess you meant low volume coins, well such projects will be called scam projects if killed during bear market by their marketcap turning to nothing but 0 but the recent bitcoin low dominance is as a result of altcoins such as Doge that increased to over $34 billion in marketcap, also is ripple that increase very significantly that its marketcap almost increase four fold recently including some good altcoins. The bull-bear-marketcap relationship can be somehow at times because bitcoin dominance during bull run at one time this year was over 70% but the altcoin season lower it to around 50%, but you are correct about saying that the low dominance will later fall more on altcoins if bear market begins.
5233  Economy / Scam Accusations / Re: Warning for another scam -Telegram on: April 26, 2021, 09:41:46 AM
This type of scam is obvious and should be avoided, but there are some people that will not be able to avoid it, they are people that are not wise, greedy and not thinking twice before doing something. Even when Twitter account of celebrities like Bill Gates were hacked, it is less avoidable this way but yet some people were able to know it is a scam, because it is what is happening already, but when I do not even know the person, just the person saw me through maybe a group, added me, and message me, I will be a fool if I send such person bitcoin or anything like money because it is not possible for me to do that, but greedy people may be victims.
5234  Economy / Reputation / Re: Congratulations to me on: April 26, 2021, 09:28:16 AM
I know how it feels to be a member on this forum, it makes people like you happy. But this is just the beginning of your account, you need to learn more, know more, increase post quality and rank to full member so that people on this forum will celebrate you more at the time and as you are getting higher rank. This is a real congratulations, but more congratulations will come. Do not forget to always not violate the rules.
5235  Bitcoin / Bitcoin Discussion / Re: Why did Satoshi Quit? on: April 26, 2021, 08:47:55 AM
Recently, I read an article that made me wonder why Satoshi decided to quit the project without ever returning
Satoshi did not quit bitcoin project, he completed it.

and secondly, what could be so significant that he could leave such a large project as Bitcoin.
Sotoshi may want bitcoin to be completely decentralized, not having central authority. He may want people that are using bitcoin to think they are the Satoshi, that not him alone.

Another thing is that technology has progressed a lot so why no one has been able to track him down.
Track down? Why. Is he a terrorist? No. That is why.
5236  Bitcoin / Bitcoin Discussion / Re: INSTITUTIONAL INVESTORS ARE WAITING TO BUY BACK LOWER. on: April 25, 2021, 09:33:26 PM
LOOKING AT THE BITCOIN CHART , THERE HAS BEEN LITTLE PRICE MOVEMENT AS IT RANGES FROM 47K TO 51K REGION. THIS MEANS IT HAS REFUSED TO DIP LOWER AS MANY ANALYST HAS SAID. THE WHALES AND INSTITUTIONAL INVESTORS ARE REALLY EAGER TO BUY CHEAPER WHICH IS WHY THE MARKET SEEMS TO BE IN THIS PHASE OF CORRECTION. I FEEL IF PRICE REFUSE TO DIP LOWER, THEY MIGHT BE FORCED TO BUY NOW AND THEN WE MOVE TO A NEW ATH.
WHATS YOUR TAKE ON THIS THOUGH GUYS?
You need to change this to lower case, your post is good, but the upper case you used will not let people to respond.

In my opinion, if bitcoin price do not move beyond $50000 for long, there could be more correction later. But let us wish that institutions will try to make sure the price still increase back above $60000.
5237  Bitcoin / Bitcoin Discussion / Bitcoin dominance reach below 50% but back to over 50% in no time on: April 25, 2021, 08:47:56 PM
Bitcoin marketcap dominance was lower than 50% last week according to Coinmarketcap, but not long when it increased back above 70%, according to the news I read, the bitcoin dominance at the start of this years was 70.68%, but decreased to 49.35% last week Thursday. The last time bitcoin dominance was below 50% was in January 2018. 2018 was the worst year for bitcoin ever as its price decreased below what many people could expect. The price has increased significantly some days before 2020 halving and continue to increase till this month of April.

But I am thinking it is possible the decrease in dominance just like 2018 (below 50%) is indicating another bear market like that of 2018 gradually setting in. What is your opinion about this? Though bitcoin price can not fall below certain range even if it decreased.


5238  Other / Beginners & Help / Re: Newbie sign message. on: April 25, 2021, 03:28:36 PM
I think a sign message or the knowledge of it is a necessity for in-forum and off-forum Bitcoin-er, but many aren't knowledgeable about this necessity, I actually experienced difficulty try to sign a message from my mobile phone, till I tried it on my Laptop.
There is nothing hard to sign a message using mobile wallet, mycelium wallet can sign a message, coinomi can sign a message (but coinomi is close source which is the reason I do not recommend the wallet). Electrum can sign a message too, but only on desktop versions, its mobile versions do not support message signing even in the latest release.

Which mobile wallet did you use?

If it is electrum, it can not yet sign a message, only the desktop can for now. 
5239  Other / Beginners & Help / Re: Lightning bitcoin payment on this forum on: April 25, 2021, 02:54:54 PM
...
You have two good reasons why lightning network can not be used to manage a campaign:

1. The payment is not treaceable just like onchain transactions.
2. No wallet yet support multiple payment.

I think using lightning network should not be suggested for now, a campaign manager can just still go for altcoin like Litecoin or Monero for payment which have low transaction fee. If I am a campaign manager, I can even manage a signature campaign in which I will request users to submit both bitcoin and altcoin (like Litecoin) addresses. I may use altcoin address for payment if the network is congested as it is recently.

And as for the question, I just want to see peoples opinions. Having a lighting network bitcoin payment could be the fast reason I may choose lightning network for now, but yet I do not see any good reason I should use it, no friend around me is using it.
5240  Other / Beginners & Help / Re: The account of the cryptocurrency exchange was blocked on: April 25, 2021, 02:38:59 PM
4. or just use a non KYC p2p exchange like Localcryptos, bisq etc
If a trader is a day trader or even swing trader, he can not use p2p exchange, p2p exchanges are for people that want to sell crypto for fiat. Localbitcoins is not a non-kyc exchange, Localbitcoins according to its terms of service, it will require strict kyc, for people to have privacy, Localbitcoins is not an option. Bisq is a good exchange, in fact it is a decentralized exchange, it is one of the best for privacy, but the mining fee can be high, but it is a recommended exchange to use.
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