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6781  Local / Pilipinas / Re: Need Advise po Regarding BEP-20 & BNB. on: March 22, 2021, 02:46:21 AM
It totally depends, bakit mo balak i-convert in the first place?

1. If icoconvert mo rin lang sa BTCB, then why not BTC nalang para mas safe?
2. If balak mo i-convert to other BEP-20 or ERC-20 tokens dahil tingin mong tataas ung price ng token na bibilhin mo, then sure.
3. If gagamitin mo pa ung BNB in the future para pang convert, at hindi ganun karamihan ang BNB mo, then probably not.

Sa huli nakadipende nalang kasi kung ang intention mo for holding these coins is for the utility ba, or price speculation, or something else. Whereas ikaw lang nakakaalam sa sagot.  Grin
6782  Economy / Service Discussion / Re: IvanOnTech [youtube chan about bitcoin & crypto] celebrates 4 year old in April on: March 22, 2021, 02:40:02 AM
Ah, the respect the pamp dude. This dude's channel used to be quite decent in it's early days, with him explaining technical concepts with his "Programmer explains" series. Now he's pretty much just like every other crypto YouTuber, just shilling altcoins left and right.
6783  Other / Beginners & Help / Re: Make sure you get legit bitcoin and its wallets, resources on: March 21, 2021, 03:44:28 PM
I had almost downloaded a fake electrum wallet before when I was using google search engine and found electrum wallet pinned above from the results as an advertisement.

The fake electrum site appears to be sophisticated copy of from the original site of electrum in which I can't really tell of the two site visited are fake. Fortunately I know how to check the link of which one is right and then found out the fake one.

It's 2021 mate, use a reputable adblock browser extension such as uBlock Origin[1]. It doesn't only block ads(such as what you've seen on the top of the list of Google's search results), but it blocks trackers as well, which is great for privacy: https://github.com/gorhill/uBlock
6784  Bitcoin / Bitcoin Discussion / Re: Bitcoin Rich List on: March 21, 2021, 09:05:16 AM
You can try to change my mind but that doesn't look like fair distribution.

Bitcoin has one of the most(or maybe the most) fairest initial distributions in the entirety of the cryptocurrency space. As with the current distribution of coins, well, what do you propose then? Not allow people with deep pockets to buy bitcoin lol?
6785  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: $5 Worth of LTC & $5 Worth of USDT - Binance - What to do? on: March 21, 2021, 08:38:07 AM
Just leave them there temporarily until the next time you need to deposit(and withdraw) your coins from Binance, because you pretty much have no other choice anyway. Also taking into consideration that Binance withdrawal fees can be quite high(depending on the coin), and can easily eat through your $10.
6786  Other / Beginners & Help / Re: What is merit? on: March 21, 2021, 05:56:12 AM
Ive got a feeling that OP have airdropped merits and not from actual distributed by users.

It wasn't airdropped, but all of OP's merits came from one single user 🤔:



It's definitely quite shady, and this shady behaviour is already being talked about in this thread: https://bitcointalk.org/index.php?topic=5325325.0
6787  Other / Beginners & Help / Re: Make sure when you get legit bitcoin and its wallets, resources on: March 21, 2021, 05:53:01 AM
Ah, good ol' Roger Ver, one of the best early Bitcoin advocates. Shame that his huge passion for a decentralized currency has to shift to a shitcoin fork just because he thinks his Bitcoin narrative is what matters.
6788  Bitcoin / Wallet software / Re: how to change trust wallet word phrase or security on: March 21, 2021, 03:33:24 AM
1. Temporarily download another wallet app such as Coinomi
2. Move the funds from your Trust wallet to your Coinomi wallet
3. Generate a new wallet on your Trust wallet app
4. Move the funds from your Coinomi wallet to your newly generated Trust wallet
6789  Bitcoin / Bitcoin Discussion / Re: What's the most anonymous way to own bitcoin? on: March 21, 2021, 02:54:07 AM
I'm sure op is not asking about mining, he is asked how anyone can get BTC stayed as anonymous, It is not possible for everyone who wants to remain anonymous to start mining Bitcoin.

I mean, while it's not the option that everyone is going to end up using(obviously because it's going to require a good chunk of time and money), the reason why people are recommending it because it's truly one of the best options when talking about anonymity.
6790  Other / Beginners & Help / Re: Where to start as a beginner? on: March 21, 2021, 02:49:44 AM
If you prefer videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj
If you prefer articles: https://www.coindesk.com/learn
If you prefer books: https://theinternetofmoney.info/

The best way a beginner can start and have a knowledge about Bitcoin or others cryptocurrency is through the Bitcoin main webpage bitcoin.org and https://en.bitcoin.it/wiki/Main_Page but watch Youtube videos before you understand how crypto scammers operate is not advisable.
There's no such thing as "Bitcoin main webpage" or Bitcoin "main" anything.
6791  Bitcoin / Bitcoin Discussion / Re: What's the most anonymous way to own bitcoin? on: March 20, 2021, 04:29:47 PM
1. Buy bitcoin from a peer-to-peer exchange such as HodlHodl[1] or LocalCryptos[2].
2. Coinjoin/mix the bitcoin through services such as Wasabi[3], Samourai Whirlpool[4], or ChipMixer[5]. (which is the "best" is subjective.


[1] https://hodlhodl.com/
[2] https://localcryptos.com/
[3] https://wasabiwallet.io/
[4] https://samouraiwallet.com/whirlpool
[5] https://chipmixer.com/
6792  Bitcoin / Bitcoin Discussion / Re: Bitcoin Rich List on: March 20, 2021, 07:01:26 AM
It’s debatable. But personally, the viewpoint should always be not to trust third party custodians. I brought this question before in one topic, “If enough of the coins are in custody of large third parties, that gives them the ability to censor the user, has Bitcoin failed”?

Oh sure, it's hugely debatable. And while I definitely get your point, unfortunately we simply need custodians early on. Not everyone is ready to "be your own bank" right off the bat, because it's undoubtedly going to be a very very foreign concept for most people because everyone has simply gotten so used to custodians. The goal is to just slowly but surely steer people off custodians as they learn more and more about bitcoin and self sovereignty.
6793  Bitcoin / Bitcoin Discussion / Re: Bitcoin's information insurgency on: March 20, 2021, 06:56:51 AM
Great great short piece by him. The boomer finance people simply don't get internet culture. It's not as if only the bitcoiners are posting memes and banter, the whole internet does! And there's a reason why we have a lot of memelords in the first place— because the boomers don't realize how diverse and how spread out the bitcoiners actually are. We have everything! — memers, bitcoiners with controversial opinions, bitcoiners who are downright idiots, bitcoiners that are actually super professional and that truly understand economics, bitcoiners that are solely tech people, everything!
6794  Other / Beginners & Help / Re: I took the wrong advice on: March 20, 2021, 06:41:47 AM
Just learn from your mistake, and move on. Because is there really any other way?

Though 99% of altcoins are going to end up crashing down or being totally worthless int he end and that bitcoin is what mostly matters, do research on whatever cryptocurrency project or even asset in general and come to your own conclusion. Listening to people online is mostly just going to end you up in a bad situation, pretty much like what happened to you.

Also, do a bit of research on marketcaps and circulating supply. There's a reason why some coins have "cheap" prices— because they have billions and trillions in circulating supply, whereas bitcoin is only limited to 21 million hence the "expensive" or high price.
6795  Bitcoin / Bitcoin Discussion / Re: Opinion About Future of Bitcoin Scalability on: March 20, 2021, 02:41:17 AM
Hardware wallet is not bank account if you own significant funds.
Bitcoin is a digital cash system. And owning digital cash is technically equivalent to owning paper cash with all the attendant risks (even greater).
You have to remember why people came up with banks.

Of course I didn't meant it literally because hardware wallets are non-custodial wallets that doesn't have a centralized entity controlling your keys and yadda yadda. It's called an analogy. Most of your funds secured using a hardware wallet, and your pocket cash on an LN wallet(with more speed but with less security).
6796  Bitcoin / Bitcoin Discussion / Re: Opinion About Future of Bitcoin Scalability on: March 19, 2021, 04:59:08 PM
LN is an extremely complex technology with many problems that will require even more extremely complex solutions. Complexity is always lack of security. I would not entrust my money to such complex systems.

As you should, because LN is not where you should store all or most of your coins in the first place, as you should only use LN transactions for day-to-day transactions. The same reason why you don't leave literally all your money in your cash wallet because of the risks of your wallet getting lost/stolen and whatnot.

LN wallet = physical pocket wallet
Hardware wallet = bank account
6797  Bitcoin / Bitcoin Discussion / Re: Robin Hood plans to expand its crypto currency services on: March 19, 2021, 04:38:33 PM
Right now all they let you do is trade in $ for bitcoin.  Bitcoin is treated like a security.  Trading is very fast.  You can buy low and sell high as the value of Bitcoin goes up or down.

While that's true and quite unfortunate, let's be honest here — it seems like a huge majority of Robinhood users doesn't even care about having ownership of the company stocks they're buying, as it's mostly being used for speculation. I'd imagine it would be the same for bitcoin and cryptocurrencies as chances are, the actual hodlers would use something existing and that actually has a withdrawal option such as Coinbase.
6798  Local / Pamilihan / Re: Bagong Crypto Trading Platform sa Pinas - BloomXapp on: March 19, 2021, 04:01:15 PM
Sa totoo lang mas need natin talaga ng maraming wallets kagaya ni BloomX app. Coins PH, Abra, Binance P2P, Paxful, OKEx (I heard that they will be supporting GCash) at yung controversial PDAX lang yung mga options naten so far.

Quick reminder na gamitin lang ang exchanges para sa main purpose nila — upang makapag exchange ng pera at anomang cryptocurrency.

Reading material: https://bitcointalk.org/index.php?topic=5215182.0

And also, pag binasa natin talaga ung main post..

Ang nakikita ko lang na kakaiba dito ay ayon sa kanila, wala silang "wallets" kung saan pwede mong i-store ang iyong crypto, kundi makikita mo lang ang mga nabili mo sa balances na tab. Ito raw ay para ma-enganyo ang mga users na ilipat ito sa kanilang wallets at huwag panatilihin sa mga exchange.
6799  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin on: March 19, 2021, 02:26:06 PM
I personally make short term bets on certain altcoins using my own analyses just to increase my BTC stack. If you're planning on investing or trading and not planning on doing the work yourself, you might as well not do it entirely. Do something that actually interests you instead, like probably starting a business. Just a quick reminder that wealth shouldn't necessarily be made through cryptocurrencies. Tongue
6800  Economy / Speculation / Re: By 4/20, the price of bitcoin had rising to $69,000? on: March 19, 2021, 11:08:48 AM
$69K by 4/20.

69 and 420. Elon Musk, is that you?

Sorry, but where exactly did you get that exact price and date lol? Let me guess, probably a meme on Reddit/Twitter?

But to answer your question just increase this is 100% serious, a move from the peak of around $61,200 to $69,000 is just approximately 13% increase in 30 days. Knowing bitcoin, though I really won't bet on it, that's definitely nowhere near impossible.
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