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8561  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto passive income - a bubble? on: August 24, 2020, 06:36:20 AM
Do all those coins have proper development and proper use? What makes them valuable?
Questions like this need to be asked/answered.

It doesn't matter if staking brins more coins if overall the coins' value decreases.
Where the income from yield farming comes? Don't tell me that suddenly everybody needs loans in certain coin or token nobody knew about some months ago.

The speculation driven rise of price is a bubble. If the income is based on that then it's very risky. That's all.
8562  Economy / Reputation / Re: Is this merit begging? on: August 23, 2020, 06:11:21 AM
It is really begging for merit, may be directly or maybe indirectly.

Imho it's worse than begging: it's a way to fool people into meriting him (for a promise).

Just imagine. What if the campaign will never happen? Why would somebody advertise beer here? It can easily said the friend has change his mind and this guy remains with nice amount of merit (if enough people fall for that).

And indeed, after pointing this out, that part of the post was deleted. Scared him?  Smiley
8563  Bitcoin / Bitcoin Discussion / Re: Bitcoin Holders have an opportunity to earn interest due to cred partnership on: August 23, 2020, 06:02:36 AM
Not your keys, not your coins.

Many newbies could indeed fall for this "offer", but beware, they usually have only some Satoshi and may be disappointed if they won't see (unrealisticly) big growth in their wallet.

On the other hand, I don't think that people holding many bitcoins for long time will go for this for 2 big reasons:
1. why risk to lose big money for small returns (when bitcoin itself gives nice returns alone)?
2. Roger Ver's site/wallet is known for scamming people into buying bcash and believing they hold Bitcoin, why would anybody sane keep their bitcoin in those guy's custody?!
8564  Economy / Speculation / Re: Bitcoin Dips to $11.6K, ETH Options Predict Price Below $400 by End of Year on: August 23, 2020, 05:51:12 AM
Bitcoin is ok at this kind of levels, more worrying could be the too slow movement in the last 2 days (if that'll continue much longer).
Ethereum... I don't know, I feel like the investors are fed with way too much unrealistic promises to give them hope, I've read that the changes don't look too good on testnet.
8565  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why I am focousing more on $ALTS than Bitcoin on: August 22, 2020, 06:43:41 AM
Altcoins can indeed big returns, but they are also riskier than Bitcoin. "Altcoin season", "DeFi FOMO" may have been somewhat started, but that doesn't make all altcoins good for investing and even the good ones can be tricky.
So the guys with more years of investing behind them usually advise that the crypto portfolio has at least 50% Bitcoin and the rest has to be divided between multiple altcoins.
8566  Bitcoin / Bitcoin Discussion / Re: Crypto cards on: August 21, 2020, 07:27:17 AM
If you are going to be using Crypto credit card, then why don't you use your normal cards given by your bank instead? Sell your coins for fiat and transfer to bank.

In theory this sounds great, you can sell at better prices at the exchanges and the bank-issued cards use to work better.

But... there are still plenty of banks that may not be happy to receive money from exchanges and this can go from asking questions to blocking your accounts (including the money you receive from your normal job). Bad.
Also the money transfer from exchanges may take days and maybe you just want to sell Bitcoin as late as possible before spending it.

So.. no, bank issued cards are not the best solution for money from crypto. Also keep in mind that Bitcoin card companies start striking deals directly with Visa/Mastercard (instead of using 3rd party institutions for issuing the cards) and this should make them more reliable.
8567  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 21, 2020, 06:31:32 AM
Right now it's a bit more than 3.75% in the past 24 hours, closer to 10% in fact.

I stand corrected. And impressed  Smiley

And that is a rise against BTC.  If XMR/BTC can just get up into middling historic levels, say the mid teens - and Bitcoin has the year most expect in 2021, then in USD terms, 10X is plausible.

I care only about XMR/BTC. But I understand your point.

What's the exchange to watch these days?  2 year break, and it seems crypto didn't sit still.  I mean, other than the fiat price of monero.

Afaik Binance has the bigger share of the volumes. https://www.worldcoinindex.com/coin/monero
So I use to get the price from Binance. And as I stated, I care only about XMR/BTC. https://bitcoinwisdom.io/markets/binance/xmrbtc
8568  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 20, 2020, 04:49:43 PM
In two days time will be exactly 4 years from the famous Alphabay announcement.   That is what we need now x10 in BTC so 0.08  Smiley

Wishful thinking is not good for business / trading (so I hope/guess that you are HODLer).
The 3.75% growth is far from 10x. I hope it'll hold and grow more. I don't dare to hope for 10x, not yet.
8569  Bitcoin / Bitcoin Discussion / Re: Crypto cards on: August 20, 2020, 04:28:55 PM
read through and drop some comments about your pick and your reason for your choice Wink

I did only a quick "scan".
+ You seem to be one of the few that don't have only the products that offer ref links
+ You seem to have in list cards I never heard of
- You surely missed some - at least AdvCash
- You didn't write about all the fees and also the hidden fees (like the buy/sell spread)
- You didn't write about how clean is one or another (scam accusations here and there, at least)
- You didn't make a big comparison table

There's room for improvement, but it's not so bad either.
8570  Economy / Economics / Re: Second COVID-19 wave is coming...Infinite loop? on: August 20, 2020, 04:20:59 PM
Afaik in math you cannot decide a repeating thing is infinite only from 2 "loops".
Iirc from shool (loong ago) you need "reduction to absurdity" for this.

So for now we clearly cannot tell it'll be or not an infinite loop. I hope that a good number of humans are capable to learn. The others .. we can pray they're strong and lucky.
Also the science tries to help. Although I think that the current century's medicine is not worthy of its name (I find it closer to statistics than what medicine should be), they do try to do something - a vaccine, a cure, or at least some hope.

All in all, although it'll take much longer than the official voices want us to believe, it will surely not be infinite loop (actually humanity wouldn't even live that long), instead, sooner or later we'll get to some sort of normality.



An interesting thing is that the statistics tell that because of COVID lock down, this year there were less deaths in my country than last year.
It worth mentioning that we use(d) to be pretty much champions at deaths by road accidents.
8571  Bitcoin / Bitcoin Discussion / Re: Bitcoin market cap can exceed Gold's after the next decade on: August 20, 2020, 04:06:38 PM
Comparing gold and Bitcoin in my opinion makes very little or no sense at all

Actually it makes sense because both share one property: scarcity.
And since scarcity makes something more and more valuable over time, people will clearly be obsessed by gold and Bitcoin.

Gold price has smaller daily variations and steadier growth, Bitcoin is newer, has huge price fluctuations and also seems to offer overall better gains over years (of course, the ones caught by 2017 FOMO rush will not agree) for the ones with strong hands (and hearth!).
8572  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto currency is all about Hodling. on: August 19, 2020, 04:47:09 PM
Holding too much may make one bagholder.
Selling to early or in a dip means loses.
Optimum is to sell high and buy back low, but that needs skill.

So the normal is to buy and sell now and then and make sure the project behind the coins does have a future.
8573  Bitcoin / Bitcoin Discussion / Re: Bitcoin market cap can exceed Gold's after the next decade on: August 19, 2020, 04:41:45 PM
Do you think it is a right and robust statement to say? How do we will approach Bitcoin blockchain after 10 years?

There's a pretty good chance it'll happen earlier.
However, the future cannot be predicted, so any prediction made about what'll happen in 10 years is pointless and has 0 value.
8574  Other / Beginners & Help / Re: Stablecoin Halving on: August 19, 2020, 04:39:03 PM
This is something that just came to my mind, do stablecoins have or under go halving?

First of all I think that you may confuse the meaning of halving. Halving decreases the block reward the miners get for PoW coins. If you think that halving is related to price, then you are on wrong track completely (halving is not about price and stable coins' price is... meant to stay stable)

Now, stable coins are (at least usually) not mined (I don't think that there's any stable coin with PoW mining). If they are not mined then we can't discuss about halving of the block reward, right?
8575  Bitcoin / Bitcoin Discussion / Re: How to Buy Bitcoin Cheaper on: August 19, 2020, 04:34:03 PM
Buying cheaper means to buy the dip. Period. Bitcoin price fluctuates quite enough to offer plenty of such opportunities.
Ah, and obviously don't play with too small amounts because then the fees matter too much.

P2P is good for privacy, but it has its risks too. But I'm not convinced it does help much on getting Bitcoin cheaper.
8576  Local / Romānă (Romanian) / Re: Cumpara Bitcoin fara KYC: ATM-urile Bitcoin Romania care respecta anonimitatea on: August 18, 2020, 02:13:47 PM
Wow, sunt impresionat. Brusc comisionul 5%-6.5% nu mai e chiar atat de urat. Adica la un card de debit cu Bitcoin iesi tot cam pe acolo si ai si dat detaliile personale.
8577  Bitcoin / Bitcoin Discussion / Re: Russian tool will make your transactions transparent on: August 18, 2020, 11:02:23 AM
reduce anonymity of transactions in blockchains like Bitcoin, Ether, Omni, Dash and Monero.

Interesting choice of words. At cointelegraph is even more interesting: "partially reducing anonymity". This may mean a lot or nothing.
I am very curious what they did about Monero and I mean real life cases, not some unique in-lab user cases that can be handled by the "prototype".
8578  Alternate cryptocurrencies / Mining (Altcoins) / Re: A new only CPU mineable coin - Hacash (HAC) on: August 18, 2020, 10:50:13 AM

Beware, this kind of posts (with so many quotes) may get reported and deleted.

Maybe an idea wold be to this kind of info into the top post and just edit it whenever you want.
Or simply post it without quoting the old.
8579  Bitcoin / Bitcoin Discussion / Re: How do you use BTC to generate passive income like ERC20 tokens? on: August 18, 2020, 07:17:40 AM
ETH and other ERC20 tokens can generate passive income by yield farming, staking, lending without losing their custodial.
Is there anyway for bitcoin to do any of those? As a bitcoin hodler, I'm just really jealous now that ETH and its token can do all the passive income generating things without give their own private keys to others. 

Yes, other coins have DeFi, LPoS and such. Bitcoin doesn't have this.
You can risk exchanging your Bitcoin into other coins - possibly better rewards, possibly those coins will become worthless in months - or stick with your Bitcoin, keep it safe and watch it grow over the years.
It's your choice really, but keep in mind that "A bird in the hand is worth two in the bush."
8580  Local / Romānă (Romanian) / Re: Cumpără Bitcoin fără KYC: ATM-ul Bitcoin din Milano care respectă anonimitatea on: August 18, 2020, 06:59:42 AM
Pacat ca am 0 sMerit... Edit: rezolvat  Smiley, thank you @fillippone
Foarte bine documentata operatiunea la ATM (bravo!), sugestia mea ar fi sa muti asta intr-un topic nou si eventual aici doar sa pui link spre acel topic.
Ideea ar fi ca asemea informatie ar trebuie sa fie foarte usor accesibila, nu departe intr-un topic despre ... ATM-urile din Milano.
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