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8001  Bitcoin / Bitcoin Discussion / Re: When Does Bitcoin Decouple From Gold? on: October 29, 2020, 01:51:39 PM
They aren't even THAT correlated though. Yes, there are times that they move together, but still.

Here's bitcoin vs gold:

Bitcoin
Gold


src: https://www.tradingview.com/chart/?symbol=BITSTAMP%3ABTCUSD

Personally when investing in bitcoin though, I'd suggest taking a look at fundamentals rather than charts.
8002  Bitcoin / Bitcoin Discussion / Re: Best wallet to improve Bitcoin privacy, Wasabi, Samourai or something else? on: October 29, 2020, 01:20:21 PM
In general, both wallets have different ways of mixing coins, with the general consensus(at least on Twitter) being that Wasabi is overall better. And also, the Samourai team/devs are totally bollocks due to them personally attacking their critics. Wish the Samourai team really were more professional as Wasabi's nopara73 seems to be a really cool dude. nopara73[1] seems to be a lurker here and posts occasionally too!


[1] https://bitcointalk.org/index.php?action=profile;u=212012
8003  Economy / Exchanges / Re: Best Rates on: October 29, 2020, 04:27:03 AM
Privacy advantages aside, the great thing about peer-to-peer exchanges is not necessarily that bitcoin are cheaper, it's mostly that you can browse these exchanges for offers, or if you don't like the listed prices, you could always set your own buy/sell offer and wait.

But yea, they can also be cheaper in terms of fees.

Check out HodlHodl[1] and Bisq[2].


[1] https://hodlhodl.com/
[2] https://bisq.network/
8004  Bitcoin / Bitcoin Discussion / Re: Is it possible to create same private key by luck ? on: October 29, 2020, 02:10:19 AM
It's technically possible to generate the same exact private keys. But if were talking about probability, then it's pretty much next to impossible. Really not anything that we should be concerned of.
8005  Other / Beginners & Help / Re: Again, Phishing Iancoleman on: October 28, 2020, 02:50:51 PM
what phishing website create next?

Every single on of the same websites being normally used as phishing sites. It's pretty safe to assume that as long as phishing sites still work for tricking the less-informed, they will continue to exist.
8006  Other / Meta / Re: Signatures gone? on: October 28, 2020, 02:37:40 PM
I use Firefox with the uBlock Origin plugin. This is the explanation. I deactivated it for bitcointalk and since then the display is as usual.
Thanks a lot!

Wot. I'm personally using Firefox(81.0.2 64-bit) with the uBlock Origin plugin for Bitcointalk and signatures were never blocked(at least in my experience).
8007  Other / Meta / Re: Ledger database leak --> Phishing on: October 28, 2020, 02:12:18 PM
Maybe you haven't received because you gradually change your email address, in which almost 0.1 out of 10 people do, as many uses their emails in various platforms and businesses/jobs as well.
I still have access to that old email that I used though.

Also, phishing do only involves when a user visits a certain link.
Not in this case. The topic is about hackers/scammers taking advantage of the Ledger database that's been leaked.
8008  Other / Meta / Re: Ledger database leak --> Phishing on: October 28, 2020, 06:56:41 AM
Weirdly enough, I haven't received such an email even if I bought twice from Ledger's website in the past. Change your email addresses from time to time ladies and gents!
8009  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin changed after 10 years? Does it still have same benefits? on: October 28, 2020, 02:32:23 AM
Lightning is working already, we're all using it.

Instant transactions, less than 1 satoshi in fees Cool

Breez[1] and Phoenix[2] wallets have been working freakin great to the point that the UX is really close to Bitcoin mainchain transactions. What we lack is merchant acceptance unfortunately, because there's little reason for casual bitcoiners to use lightning if the places they can use LN is really limited.


[1] https://breez.technology/
[2] https://phoenix.acinq.co/
8010  Local / Others (Pilipinas) / Re: Anyone using crypto exchange wallet on: October 27, 2020, 04:14:45 PM
Ilang months na rin akong gumagamit nitong freewallet at wala pa naman akong na encounter na problem. Pero salamat sa heads up,  atleast aware na rin ako na may ganitong issue ang freewallet about sa kyc nila although nag kyc ako at nagtataka lang ako na hindi pa verified ang account ko dun. Hindi ko nalang lalagyan ng malaki tong freewallet

I've tried it in the past rin nung baguhan palang ako sa Bitcoin and didn't have a problem. But now that I know better, take note na kahit magforce man sila ng KYC o hindi, custodial service ang FreeWallet. Kumbaga you're taking extra risk na as if sa exchange nakadeposit ung funds mo. Might as well leave funds on Coins.ph and Binance nalang at least mas reputable sila.

https://bitcointalk.org/index.php?topic=1631151.0
https://cryptosec.info/wallets
8011  Other / Meta / Re: About Create New Bitcointalk ID. Tag DT/Modaretor on: October 27, 2020, 04:10:33 PM
A small fee is already being collected on accounts created on "evil IPs". Demanding a fee for every single account would deter A LOT of people from actually using Bitcointalk, and obviously and understandably, Theymos wouldn't want that.

https://bitcointalk.org/index.php?topic=1215937.0
8012  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin changed after 10 years? Does it still have same benefits? on: October 27, 2020, 04:05:57 PM
Always take note that fees are priced specifically in sats, and not in USD. And comparing bitcoin's(and sats') price when it was less than $500 compared to know where it's upwards of $13k, then obviously the fees would be higher in USD because the price increased.

And yes, at times of heavy price movements fees(in sats) tend to go up due to mempool congestion. Yes, this is a problem, but developers are working on solutions to make user experience better.
8013  Bitcoin / Bitcoin Discussion / Re: UK Company adopts Bitcoin as treasury reserve assets on: October 27, 2020, 10:52:20 AM
I don't want to say that SQUARE also fall in this category, as I think 50 millions are basically pocket money for them, but I want to say that the amount invested in Bitcoin is surely less money they would have spent in a marketing campaign giving them the same exposure.

Hah. Regardless if Jack Dorsey was a bitcoin bull since forever, I personally agree and think this was also a publicity stunt by Dorsey. Since the MicroStrategy bitcoin acquisition, people on Twitter(Pierre Rochard, etc, If my memory serves me right) were pressuring Dorsey to "have more skin in the game" and actually allocate some of Square's money into bitcoin. Hence, it's safe to assume that he allocated a small amount just to gain better publicity even though it literally doesn't make sense for a growth company to be investing in "hedge" assets.

Though I guess the 50m gave them a lot of press coverage so it probably ended up being worth it? Idk. 🤷‍♂️
8014  Economy / Trading Discussion / Re: Price of Bitcoin, gold and the unemployment rates in the USA. on: October 27, 2020, 10:48:03 AM
All of such plots, correlations are for reference and for what happened, for the past. Forecasts are made by using past data and never be correct but among many useless or incorrect models, there are some good models that we can use.

"Never be correct", even if both assets were literally moving together for months? While they've moved the opposite ways recently, it still doesn't change the fact that they were somewhat correlated. This isn't even an opinion. It's just data.
8015  Local / Others (Pilipinas) / Re: Ano ang IWE? on: October 27, 2020, 10:45:11 AM
Mag 3 months na sila, and sobrang dami ng nakakuha na ng pera. Yung P50,000 nagiging P200,000 in one month.

Itong part palang na ito halatang scam na. Don't think na dahil tumagal ng 3 months e ibig sabihin legitimate na ito, dahil may mga scams na tumatagal ng taon. Sa mga mejo ilang taon na dito sa Bitcointalk, ang perfect example ng tumatagal na scam is ung BitConnect scam:


Source: https://coinmarketcap.com/currencies/bitconnect/

As you can see, halos isang taon pa bago nag implode ung ponzi scheme na to.
8016  Bitcoin / Bitcoin Discussion / Re: Missed the golden opportunity, now what?? on: October 27, 2020, 10:38:12 AM
It's literally the same with any stock that ended up growing far bigger since their IPOs. Stop beating yourself up because of it. You're only regretting it because it already grew bigger. But what if it ended up dying? There's a reason why "hindsight is 20/20" is a commonly used quote in the investing world.
8017  Economy / Trading Discussion / Re: Price of Bitcoin, gold and the unemployment rates in the USA. on: October 27, 2020, 05:12:17 AM
The effect on asset prices in general is mostly going to depend on the US government's decisions concerning stimulus bills in my opinion(and a bit less depending on unemployment). Since there's a lot of unemployment, it's safe to assume that this is going to mean that consumer spending will go down. With stimulus money distributed, obviously, consumer spending will go up.

As for bitcoin specifically, it's a typical coin flip. If you'd ask me a month ago, I would say that bitcoin would continue to go up with the S&P500(because of government bailouts) but lately both assets have been going on their separate ways so we're back to extremely unpredictable territory. No idea with gold either.

tldr; stocks go up with stimulus, stocks probably go down without stimulus, bitcoin and gold is a coin flip.
8018  Other / Beginners & Help / Re: Is bitcoin ethereum allowed? on: October 27, 2020, 04:54:51 AM
After a quick look on some threads, it looks like some people also allows payments in altcoins. And since wBTC is an altcoin, why not? As long as both parties agree to transact with wBTC then there's really no problem with it. I mean, you could even transact using crappy altcoins if you want and I wouldn't care as I'm not involved anyway.
8019  Bitcoin / Bitcoin Discussion / Re: Monthly Automatic Payment using Bitcoin? on: October 27, 2020, 04:51:53 AM
I'm pretty sure Ethereum has the capability of this(because smart contracts). With bitcoin though? I'm pretty sure it isn't possible by default on the main chain, though available through an app made specifically for this(as odolvlobo said), and probably through second layer platforms.
8020  Bitcoin / Bitcoin Discussion / Re: The number of Bitcoin whales hit an all-time high during the latest bull run on: October 27, 2020, 04:00:27 AM
At the opposite, it may come a day when all the bitcoin is held by few entities and become reserved to rich people/countries .

Surprise surprise, bitcoin can't(and isn't made to) solve economic equality in the first place, because no asset can. Ultimately it's mostly up to the people and their habits and decisions that's going to get them out of poverty, not necessarily bitcoin.
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