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7741  Economy / Economics / Re: bitcoin are good and not USDT what else? on: November 30, 2020, 03:13:32 AM
i meand bank is best place to hold your money not stable coins as they can be frozen and bitcoin are volatile today 17 tomrow 19 k...

so banks are the winners here

While it might be safer to just hold USD in banks instead of holding stablecoins, don't forget that your money in your bank can also be frozen. So yea, besides the volatility risk, holding bitcoin is safest in terms of unconfiscatability.
7742  Bitcoin / Bitcoin Discussion / Re: I regret to scrutinize bitcoin! on: November 30, 2020, 02:16:42 AM
1. What made you think investing bitcoin?
Realization: Bitcoin is not only for investment for its main function is to act as a  digital currency where it uses P2P network where users has full control over his funds with no third party service and KYC does not really necessary.

Privacy is one of the key feature about using bitcoin. It can save your ass from robbery or from thieves especially when you like to gamble and winning a lot. Being anonymous will help you to conceal your identity and your winnings. It does not only cater gambling but also to other aspects where identity concealment matter.

Just take note: Bitcoin isn't actually anonymous, it's only pseudo anonymous. Though you don't necessarily have your name tied into your bitcoin addresses to start with(only until you interact with custodial exchanges and such), the blockchain is fully transparent.

To achieve "somewhat-anonymity" on Bitcoin, you really need to know what you're doing as Bitcoin's current state isn't private by default. You need to learn how to use peer-to-peer exchanges, use coinjoin/mixers, proper address handling, and such.
7743  Other / Beginners & Help / Re: Fundraiser on: November 29, 2020, 03:59:14 PM
Are you sure you're looking for a fundraiser? Because based on your explanation, that seems to be like a typical software development gig that's just paid in bitcoin rather than fiat.

Not sure if there are actually people here on Bitcointalk that hire software devs, it probably wouldn't hurt to make a topic in the Service Announcements section: https://bitcointalk.org/index.php?board=84.0
7744  Bitcoin / Bitcoin Discussion / Re: People still don't know about Bitcoin on: November 29, 2020, 03:56:16 PM
Are you really surprised though? Even though a lot of people(especially in countries like the US) have heard of Bitcoin, most of them still doesn't really know what it is and what it's for; probably besides the fact that it's totally digital.

Do I see it as a problem? Nah. In the first place, I just don't randomly talk about Bitcoin(because $5 wrench attacks[1]). But if it comes to topic when I'm talking to someone, I'll gladly answer questions. I just always make sure to tell them that I lost my coins in a boating accident.


[1] https://cryptosec.info/wrench-attack/
7745  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin at risk of regulation? on: November 29, 2020, 03:31:10 PM
It always is. If Bitcoin adoption increases far more from here, that would most probably effectively decrease the power of central banks. And with that, it makes a bit of sense for them to heavily regulate it due to the threat to their power.

Will it happen though? I'm not sure, but I personally wouldn't be surprised if they actually did.

Will they be successful? Yes, just as successful as them banning drug use and piracy/torrenting. /s
7746  Alternate cryptocurrencies / Altcoin Discussion / Re: XRP must be considered a stable coin on: November 29, 2020, 10:45:58 AM
Saying that XRP must be considered a stable coin is like saying that mayonnaise should be considered a musical instrument.


https://www.youtube.com/watch?v=cYdpnsKXoG0
7747  Bitcoin / Bitcoin Discussion / Re: Did Covid19 effected bitcoin positive or negative? on: November 29, 2020, 10:39:10 AM
Topic: How has COVID-19 affected the Bitcoin space? https://bitcointalk.org/index.php?topic=5292455
Topic: Covid-19 and Bitcoin https://bitcointalk.org/index.php?topic=5269157.0
Topic: Pandemic: good for the bitcoin market or bad? https://bitcointalk.org/index.php?topic=5281517.0
Topic: Is it true that Corona Virus may effect trading? https://bitcointalk.org/index.php?topic=5231994.0
Topic: Bitcoin during pandemics https://bitcointalk.org/index.php?topic=5233782.0
Topic: Do not be fooled https://bitcointalk.org/index.php?topic=5233192.0
Topic: COVID-19's "New Normal" is Creating Opportunities in Crypto https://bitcointalk.org/index.php?topic=5263377.0
7748  Economy / Scam Accusations / Re: Ledger SMS phishing campaign – Yet another phishing SMS campaign in progress on: November 29, 2020, 10:22:57 AM
Heads up to those receiving these SMS messages and emails: since the mobile numbers and SMSs has leaked, it's most likely just going to get worse from here. It'd probably be wise to already change email addresses and mobile numbers.
7749  Bitcoin / Bitcoin Discussion / Re: What privacy tools are there besides tumblers, coinjoins, and privacy coins? on: November 29, 2020, 10:01:08 AM
Just a heads up(though not an answer to your question): privacy shouldn't be with your Bitcoin holdings alone. Your personal privacy is actually far more important. Smiley

Check this out: https://privacytools.io/

P.S. Kudos to you for being privacy conscious.
7750  Bitcoin / Bitcoin Discussion / Re: PayPal is sending the wrong message on: November 29, 2020, 09:59:57 AM
Surprise surprise, PayPal only wants to take advantage of the bitcoin hype for them to be able to earn through the fees; hence why their product seems to be really really incomplete and rushed.

Also, I'm pretty sure they don't care about whatever "message" there is. What matters is revenue.
7751  Other / Beginners & Help / Re: What your aim in bitcointalk ? on: November 29, 2020, 04:05:42 AM
Came here due to my interest in Bitcoin faucets and how to create one.

Stayed because I realized the importance of non-corruptible money and having self sovereignty over my own wealth.
7752  Local / Others (Pilipinas) / Re: My Plan if ever happens again ATH on: November 29, 2020, 03:04:13 AM
kaya nga ako naniniguro na rin ako na yung mga nasa top 100 sa CMC na lang ang inaalagaan ko, dahil yung mga bagong salta na coin/token eh karamihan eh hype lang.

If anything, kahit kung sa top 100 CMC ang pinag uusapan natin, siguro 90/100 ng mga projects sa top 100 e hype lang. Wag nating kakalimutang nasa top 3 parin ang XRP.
7753  Local / Pilipinas / Re: MAY KINALAMAN BA ANG CHINA SA PAGBAGSAK NG DAPAT SANA AY BULLRUN TREND? on: November 29, 2020, 03:00:34 AM
Maybe, maybe not. Personally I think it's a mix of everything, but mostly healthy pullback lang.

May mga nagsasabi din na part lang ito ng pullback strategy ng mga whales at may mga analyst din na nagsasabi na kaabang abang ang 2nd wave ng bullrun dahil hindi pa raw ito tapos.
Ang isang pullback ay hindi necessarily "strategy" ng mga whales. Pullbacks are mostly healthy price movements after huge price rises lamang. If anything, mas bullish pa ako dahil nagpullback kesa ung dere deretso lang na pataas.

P.S. Hindi mo kailangang palakihin ang fonts at lagyan ng unnecessary colors ung text mo.
7754  Economy / Speculation / Re: Where do we see the price of bitcoin after 3 decades on: November 29, 2020, 02:53:02 AM
A lot of Twitter and Reddit people have been banking on PlanB's Bitcoin stock to flow model. While I'm still skeptical of the accuracy of the model, surprisingly the model has been doing really well.

Check it out here: https://digitalik.net/btc/
Article: https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
7755  Economy / Service Discussion / Re: Viabtc Cloud Mining, read before you buy. on: November 28, 2020, 04:05:42 AM
Also, if the miners behind Viabtc were profitable, they certainly would not sell contracts. If this was not a scam, they want the contract holders to be the holders of risk hehehe.

We could make the argument that them selling contracts could probably mean that they could expand their business a lot faster(by being able to get more machines and data centers) due to the increased cash flow.

But still, it doesn't change the fact that cloud mining is a bad investment.
7756  Economy / Service Discussion / Re: is there a subreddit or discord like r/wallstreetbets but for crypto? on: November 28, 2020, 03:59:55 AM
yeah that one is also heavily moderated.

Most of Reddit is, including r/WallStreetBets(politics, sub $1b mcap stocks, etc, are not allowed). It's just that calling people retards, idiots, and other derogatory words is completely legal on WSB because shit talking one another is one of the main attractions of that subreddit.
7757  Economy / Service Discussion / Re: is there a subreddit or discord like r/wallstreetbets but for crypto? on: November 28, 2020, 03:19:52 AM
naah. i just like watching the fun at wsb. i do my own research. cryptocurrency is heavily moderated. seems all of reddit is like that now.

r/cryptocurrency sure is heavily moderated, but check out the comments on some of the posts if you want to have an idea on which coins/tokens are being hyped up by the subreddit.

Also, probably check out: https://www.reddit.com/r/CryptoMarkets/
7758  Economy / Service Discussion / Re: is there a subreddit or discord like r/wallstreetbets but for crypto? on: November 28, 2020, 03:13:23 AM
r/cryptocurrency is pretty much like r/wallstreetbets but just with people that are less-aware and think that they're super smart.

P.S. Don't expect jumping into hype stocks on WSB to work forever.
7759  Other / Beginners & Help / Re: hello im new on: November 27, 2020, 04:48:12 PM
i am in a very tight financial situation and cannot work due to certain reasons, so i was told i could eventually make some money here.
You can make a decent amount of money here through signature campaigns, ONLY if you're actually well versed in the bitcoin/cryptocurrency space. If not? You're honestly better off doing something else. It's like applying for a software developer job without knowing anything about software development.

I also saw the loaning boards but im new and very scared to ask in there right away, it seems new people asking get bad reps due to so many scammers in crypto sadly
If you're planning on getting a loan, you're going to need collateral. For some reason some people think they can get loans with zero collateral here.
7760  Bitcoin / Bitcoin Discussion / Re: What do you guys think of this stock $KHRIF? on: November 27, 2020, 01:01:51 PM
That's true. but I think he sold all the XMR for BTC.
Missed that in the article.

Also, I checked their October 2020 report, and no they don't have 72k bitcoin.

The article you link states:

"Publicly-traded Canadian fund Cypherpunk just announced the acquisition of an additional 72.979 Bitcoins. With this deal, the entity has purchased a total of 276,479 Bitcoins."

The first number was rightfully using a decimal, whereas the second number should've been 276.479.

Why? Because their October 2020 states that they have only 203 Bitcoin. So after they purchased 72.979, that puts them at 275.979 bitcoin. Just 1 BTC off the 276.479 number.

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