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961  Bitcoin / Bitcoin Discussion / Re: Could Satoshi have known? on: September 27, 2023, 05:46:08 AM
however, looking at where Bitcoin started and comparing it to where it is, and even looking at how many other cryptocurrencies have followed after Bitcoin, it'll take only a prophet of God to have known.

I don't think so. If Satoshi thought that Bitcoin will end up being 'something', it's almost guaranteed to expect that other cryptocurrencies would arise. Simply due to the fact that Bitcoin is totally open-source hence forkable, and simply due to the fact that the idea of a cryptocurrency could have LOTS of iterations and other use-cases.
962  Economy / Trading Discussion / Re: Is it possible to do Gamestop saga in crypto.? on: September 27, 2023, 04:14:46 AM
The proof you are seeking is one big reason why there might be law indeed but there mightn't be justice. And it's highly unfortunate that people tend to defend injustice due to ignorance and naivety.

My years of trading show clearly that the market is manipulatable, and with evidence, some makers had been sanctioned in the past. This takes me to the crypto market, why not? In this highly unregulated market, if more regulated ones could still be caught in such an act, you don't need a soothsayer before knowing that it happens.

To manipulate Bitcoin can't be attractive much with the current capitalization, but I do wonder how some shitcoins indeed behave, and I don't need proof that they are being manipulated due to their low liquidity.

Of course I'm not referring to low marketcap shitcoins lol because that's easy as hell to manipulate.

Bitcoin on the other hand, sure there are a lot of entities attempting to manipulate it. But the question is — in what manner? And how will you exploit the fact that they're trying to manipulate it? Exactly, we have little to no idea.
963  Economy / Speculation / Re: Bitcoin Halving cycle on: September 27, 2023, 04:02:49 AM
Too much people are betting on the fact that the same will happen historically.

So I'm betting:

1. Halving comes
2. We dump
3. We sideways chop for a good amount of time
4. People realizing that the same won't happen, hence dump
5. We pump once weak hands leave

I'm not putting heavy money on this, but I'm going to have some dry powder ready.
964  Economy / Trading Discussion / Re: Is it possible to do Gamestop saga in crypto.? on: September 26, 2023, 03:37:15 PM
Because 99% of the people saying that the "whales are manipulating the markets" has no basis at all and are just saying that so they have someone to blame for their bad trades.

Also, do we even have proof of a hedge fund shorting bitcoin with huge amounts of money?
965  Economy / Trading Discussion / Re: Why China Recognize Bitcoin? on: September 26, 2023, 02:01:16 AM
If I were to guess — since it doesn't make sense for such a 'controlling' country to be interested in a currency they can control; (this is a sort of tinfoil-hat theory so bear with me) I think it's because they might think that bitcoin is(or can be) some sort of competitor to the USD.

That, or the fact that they don't care and that Bitcoin can be a surveillance thing for them (because transparent blockchain).
966  Economy / Trading Discussion / Re: Trading bot on tradingview on: September 26, 2023, 01:10:27 AM
Your post sounds like:

I started a restaurant in California.Is enough for business?any special method to prevent loss in business?

We can't give any answers because:

1. We don't know what bot you're using
2. We don't know what indicators/strategies you're using
3. We don't know what pairs you're actually trading
967  Other / Beginners & Help / Re: Why do hacks still occur? on: September 26, 2023, 01:00:25 AM
It's just a mix/combination of some/all of these:

1. Complacency a.k.a. "let's do it next time lol"
2. Not being 1 step ahead of hackers
3. The fact that nothing is totally unhackable
4. Incompetence of the security-related coders/auditors

This applies both to cryptocurrency platforms, centralized exchanges, or any public platforms in general.
968  Bitcoin / Bitcoin Discussion / Re: Could the rise and popularity of cryptocurrencies be a vivid example? on: September 25, 2023, 05:12:01 PM
For example, as the growth of the money supply outpaces the growth of the bitcoin supply, the price of bitcoin will rise.

It ain't that simple. We also need to see higher bitcoin demand for bitcoin's price to rise — because the scarcity itself is only half of the problem; the other half being demand. We can create as much scarce(or even far more scarcer) cryptocurrencies as we want but it would be pointless without demand.
969  Other / Meta / Re: It may be a silly question on: September 24, 2023, 03:31:15 PM
Seriously what's going on? The number of merit-related topics has increased significantly. Are we back to 2018?
Why not try, and yes it will be deducted from your balance.

Just to be clear: it will be deducted from your sMerit balance, not your received merits counter. The "Merit" counter below your profile won't be changed.

I assume OP asked this because he doesn't want to decrease his 2 merits lol.
970  Bitcoin / Bitcoin Discussion / Re: How to keep safe the mnemonic phrase - Whats Your method? on: September 24, 2023, 02:08:17 PM
- Your 12-24 word backup phrase written on a piece of paper or etched on a steel sheet
- Have a passphrase that isn't easy to guess
- Store these in 2-3 places

Don't over complicate it.
971  Bitcoin / Bitcoin Discussion / Re: Could Satoshi have known? on: September 24, 2023, 03:16:07 AM
Change is inevitable. The truth is this. But to say Satoshi knew Bitcoin's volatility? Quite the stretch. Satoshi wanted a peer-to-peer system for transactions, not speculation. Yet here we are, treating Bitcoin more like a casino chip than a medium of exchange. Satoshi designed a method to defy central banks and intermediaries. Did he expect avarice and speculation to overshadow his creation's purpose? Perhaps he underestimated people's need for rapid cash. Satoshi may have anticipated some currency appreciation, but to say he anticipated this amount of frenzied speculation is conspiratorial. Satoshi would have noticed Bitcoin's usage alter. Whether he accepts is unknown

If Satoshi was smart enough — in which I totally assume that he is for obvious reasons, then he for sure knows that for bitcoin to reach from virtually worth nothing to what it's worth today, it's going to require a lot of volatility and speculation. There's really no other way around it. An asset can't go from $0 to what its worth today in a straight line.
972  Bitcoin / Bitcoin Discussion / Re: Could Satoshi have known? on: September 23, 2023, 06:14:15 AM
I'm pretty sure Satoshi himself or anyone with decent markets knowledge would immediately know that such an asset as bitcoin will guaranteed to be this volatile. Even by just knowing how controversial and debatable bitcoin is and will be.
973  Economy / Speculation / Re: Share your opinion on the market. on: September 22, 2023, 05:55:27 PM
Without even looking at whatever chart, it's pretty evident that the current state of the cryptocurrency markets is pretty weak. Almost every pump doesn't have any followup at all, and just ends up totally retracing. A huge factor being that I don't think there are signs of retail coming back any time soon.
974  Bitcoin / Wallet software / Re: Are blockchain explorer threat to the privacy ? on: September 22, 2023, 07:34:16 AM
tor brings about other issues i.e. why is that guy using TOR

lets try to track him.

I'd prefer the authorities knowing that I used Tor, as you can give deniable plausibility by saying that you're using it for educational purposes or whatnot. Your bitcoin wallet address being tied to your identity though, is a far bigger problem.

But yea, you don't necessarily need to use Tor. Maybe a proxy or a VPN. In the end it will totally depend on how tight you want your privacy to be.
975  Bitcoin / Bitcoin Discussion / Re: Bitcoin miners energy usage has exceeded 50%, where is Elon? on: September 22, 2023, 03:31:36 AM
If he's a man of his word, just give it time. I'm pretty sure Elon Musk is not the type of guy to watch Bitcoin hashrate actively and is updated with news like this, or Bitcoin-related news in general.

Or maybe he's going to make some excuse like the data isn't accurate lmao.
976  Bitcoin / Wallet software / Re: Are blockchain explorer threat to the privacy ? on: September 22, 2023, 03:14:56 AM
It's a lot more of a privacy issue. If you frequently search a wallet address on a block explorer, they could make the assumption that the wallet is yours knowing that your searches are pretty much tied to your IP address(hence potentially your personal information with the help of your local ISP). There's a reason why you see some people recommend using Tor when using block explorers.
977  Economy / Trading Discussion / Re: The best Bitcoin price tracker website on: September 22, 2023, 02:41:34 AM
CoinMarketCap and CoinGecko are the standards in tracking prices.

Personally though — though it's definitely not for everyone, I like being able to see multiple charts at the same time: https://www.multicoincharts.com. You can also save the URL that has your preferred tickers. No need for an account.
978  Bitcoin / Bitcoin Discussion / Re: Securing your digital assets on: September 22, 2023, 01:25:49 AM
With KYC to claim the token, it unofficially forces users of Brave browser to KYC. If they use the browser, they will have more reasons to consider KYC to claim rewards. When they claim reward once, they will do it more and the reward in token is like a KYC-honeypot from Brave browser team.

A truly privacy browser should not have that policy to distract their users from privacy protection. If they design a privacy browser but at the same time, design some policies, reward program to break the privacy policy, their browser is no longer private.

AML/KYC sucks for sure, but I think in this case it's simply due to regulators reasons. As far as I know, Brendan Eich and the Brave browser company are based in the United States, so it's just totally expected for them to be making sure that they're not poking the hornet's nest.
979  Other / Beginners & Help / Re: Seniors apply patience and kindness to newcomers on: September 21, 2023, 06:31:00 PM
If a certain user posts a thread that was very obviously made solely to try to farm merits, then that user should and will receive criticism from everyone — REGARDLESS OF RANK. It's really not the rank — it's the fact that a lot of users here can smell BS from a mile a way.

It's always been the "here's how to create a good post" and "here's how to earn merit" people; a lot of people here are kind enough to ask very basic Bitcoin/crypto-related questions.
980  Bitcoin / Bitcoin Discussion / Re: Securing your digital assets on: September 21, 2023, 06:28:30 AM
Brave browser guys ruined the whole project the day they decided to become regulated and started enforcing KYC on their users. This means as long as there are decent open source and very popular browsers such as Firefox, there is no reason to use something like Brave!

You can freely use Brave browser without KYC if your only goal is to use it for its privacy features and for it to be slightly-more-debloated compared to Chrome. You only need AML/KYC if you want to claim BAT tokens, which I'm sure most people here aren't interested in anyway.
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