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8681  Bitcoin / Electrum / Re: Fake Electrum version 4.0 and hardware wallets on: August 25, 2020, 07:43:37 AM
the change address is not verified by some hardware wallets so you could still lose money. ledger doesn't verify it for example.

Maybe I'm wrong since I cannot check now, but why doesn't Electrum "report" then the change address like another output in pay to many?
Electrum knows the user has Ledger and can easily handle that.
8682  Bitcoin / Bitcoin Discussion / Re: Bitcoin maximalists are doing more harm to the crypto space than good ? on: August 25, 2020, 05:54:40 AM
For every bitcoin maximalist there was already a scam shitcoin or ICO. And more schemes will rise.
Blaming only the maximalists means ignoring half of the reality.
I don't say altcoins are bad, but how many are actually good?
8683  Other / Off-topic / Re: Is it possible that the 1% group want to kill us intentionally with covid ? on: August 25, 2020, 05:48:38 AM
Actually humans are cheaper on long term than robots. Look at the 3rd world countries.
And the virus did hit bad those countries.
So no, this theory doesn't stand.
8684  Other / Beginners & Help / Re: Probably a stupid question. on: August 24, 2020, 10:04:10 PM
Almost like with cash, you don't really know.
There are companies (very few) that can do the tracking (between some limits) but you probably won't use them.
Some of the exchanges do shallow check and may lock certain inputs or deposits.
But no, you don't know the coins are really clean.

If you really want clean coins there are miners that offer fresh coins, but they cost more. Again, it's not a much used service.

All in all, the chance you know the history of your coins is small, but nobody cares much. Did you ever cared how dirty your cash is?!
8685  Economy / Economics / Re: Second COVID-19 wave is coming...Infinite loop? on: August 24, 2020, 07:05:51 AM
The question was also whether we will get an infinite loop (not that we are already in an infinite loop), which is similar to the annual flu. The flu comes every year to cold season in a slightly different variant, so that every year the vaccination pot has to be adjusted. The same could happen with Covid-19, so that the virus becomes part of our permanent life. Or will it be (largely) eradicated at some point, like the plague.

OK. I don't see flu as something in loops. It's here and when the weather conditions help, it becomes stronger.
Indeed, sars-cov-2 has a chance to become like flu, but how big that chance is .. that's hard to assess now, this is something to be discussed after the vaccination will start. And then we'll see how effective the vaccines are, how big will be the part of population that'll take the vaccine and what happens in the following "season" after vaccination. If that'll be ineffective in a year, then probably we'll have the same story as with flu.
8686  Alternate cryptocurrencies / Altcoin Discussion / Re: Stable coins for bounty hunters on: August 24, 2020, 07:00:02 AM
but what he is trying to suggest is that, Bounty hunters provide services to these projects and it will be better for bounty hunters if they are paid in a stable coin.

And I am telling that as long as there are plenty of bounty hunters careless enough to accept current conditions, nobody will change anything, because it shifts the risk from bounty hunters to project owners.
8687  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.
8688  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
8689  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?!
8690  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.
8691  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.
8692  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.
8693  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
8694  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.
8695  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.
8696  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.
8697  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!).
8698  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.
8699  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.
8700  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?
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