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May 27, 2024, 01:42:19 AM *
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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Privacy on Dogecoin? on: May 26, 2024, 06:48:45 PM
Has anyone found a way to make DOGE transactions private?
I really don't think there's such an option, no.


What do you think? Is it worth making DOGE transactions private? If not, why?
Privacy is always good. But who is really incentivized to make a privacy option for DOGE? As it's mostly a temporary hold coin on centralized exchanges anyway.


Can you achieve optional privacy on Dogecoin?
I think your only option is to do the typical deposit and withdraw from some shady no-KYC centralized exchange lol.
2  Economy / Speculation / Re: It's starting to feel like 2008 all over again... on: May 26, 2024, 06:16:17 PM
I'm not really an expert on real estate markets so take what I say with a grain of salt — but it's hard to think of a real estate/housing collapse if the USD(and most currencies) are just inflating and inflating and inflating in supply. Sure we might see market-wide drops at some time, but a bubble popping? Idunno man.
3  Bitcoin / Bitcoin Discussion / Re: Exposure to bitcoin at young age on: May 26, 2024, 05:54:55 PM
Better to let kids have fun and maybe learn how to save money and do proper finance in their teenage years. In my opinion, you shouldn't really be forcing your interests down kids' throats especially knowing that there are far more important things to learn than bitcoin.
4  Other / Beginners & Help / Re: BTC/SAT/μBTC/mBTC on: May 25, 2024, 04:35:41 PM
Some units could bring about confusion  especially "μ" conversion  Smiley

Exactly, and the letter is called 'mu' in greek and 'micro' when talking about prefix. Totally unnecessary complication in my book. Also take note that we don't have a different denominator for every decimal place with fiat money.

If anything, people just know the 'μ' letter from μTorrent(uTorrent) lol.
5  Other / Beginners & Help / Re: Input from community on transfer fees on: May 25, 2024, 04:16:25 PM
Correct me if I'm wrong, but you're trying to move BTC from a centralized exchange to your cold storage, yes?

If so, some centralized exchanges simply have their withdrawal fees set too high unnecessarily; that, or you're balance is simply small. If that's the case, you're probably better off waiting for your BTC balance to increase a bit to make the withdrawal more worth it.

(and probably complain via customer support if they overcharge tx fees.)


What exactly is the CDC exchange you mean?
I assume it's Crypto Dot Com.
6  Bitcoin / Bitcoin Discussion / Re: Bitcoin forks and ETFs on: May 25, 2024, 03:35:53 PM
When you own shares of a Bitcoin ETF, you don't get to choose what path you want to take and if the community decides the new fork is the way to go.. I doubt the financial institution would take the risk of switching networks.
It's more likely that the institution will decide which bitcoin version the ETF will be holding; and I could almost guarantee that they're just going to pick the bitcoin version with the highest marketcap.


With all the hassle it seems to be to get an ETF approved, do you think financial institution would go through the hassle of giving their share holders their owned value of the second chain? How would that work exactly?
Unless some of the processes change, I doubt it. Even though Coinbase has provided the forks in the past.


Edit: It’s funny. I also posted this on reddit and it got removed by a moderator. Probably because I mentioned ordinals, which wasn’t even the subject of the post? Really goes to show they do not encourage discussion over there.
Reddit r/bitcoin is honestly the worst. Just a teeny tiny mention of an altcoin will have your post deleted even if it's relevant to the story/topic that revolves around BTC.
7  Economy / Speculation / Re: Can Bitcoin reach another new ATH before the bull run begins? on: May 25, 2024, 01:51:09 PM
Re: Can Bitcoin reach another new ATH before the bull run begins?
Are we not currently in a bull market? There are arguments to be made the we are. It's just that a lot of people bought the wrong coins hence why they're waiting for their bags to pump.

Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?
Is anyone really being anxious at these prices? This is some amateur hour stuff right here.
8  Other / Beginners & Help / Re: BTC/SAT/μBTC/mBTC on: May 25, 2024, 01:37:10 PM
IMHO, it's easier to understand if the measurement is simply to be said as BTC. But whichever you are comfortable to say the amount, you can tell that to whom you are talking to.

At the end of the day, there's always the internet that someone will use for searching the actual conversion per bits, sats, etc.

We should honestly be solely using either BTC or sats only, to make it a lot simpler for everyone entirely. The others are just useful in rare cases(I actually never used them myself as normies haven't even heard of them) but are entirely unnecessary complication in my opinion.
9  Economy / Service Discussion / Re: participating in the forum in order to be able to access campain in the future on: May 24, 2024, 06:50:23 PM
How many hours do people spend here a week to earn merits?

That's the wrong question.

How many hours do people spend doing research to be knowledgeable enough to earn merits?

There, fixed if for you. Your learning is mostly going to be off-site.

If you want to give it a shot, good luck. If you don't want to educate yourself, too bad.

* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Security related:
* https://chainsec.io
* https://www.lopp.net/bitcoin-information/security.html

If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters
10  Economy / Service Discussion / Re: Can buy one domain for free. What is a good business idea? on: May 24, 2024, 06:33:22 PM
There are simply so much business categories you can try out when talking about online crypto business lol — from a blog, data website, a service, you name it. Depending on what you actually know to create.

Unfortunately, the "what's a good business idea?" part is the difficult part — like half the entire problem, the other half being idea execution.
11  Bitcoin / Wallet software / Re: Best way to protect your Bitcoins wallet on: May 24, 2024, 06:20:36 PM
Once you transfer your keys to the cold storage , only transfer what you need to your hot wallets.

You don't transfer your wallet's keys to cold storage — you generate your wallet's keys on the cold storage. If you generate your wallet's keys on a not_cold_storage wallet then imported the keys onto the cold storage, then it defeats the purpose of cold storage as there's a chance that it might've already been leaked.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance REZ Coin? Pump or Dump? on: May 24, 2024, 06:05:46 PM
buying early in the listing is high risk because the price will likely fall. This price increase was caused by hype and many investors wanted to take advantage of the hype momentum because altcoins listed on large exchanges usually have very high hype.
Not even, as most don't even have an initial pump. They just start at a high price on centralized exchanges because they're priced very high in FDV by market makers.


However when talking about initial listings, recently Binance is no longer the highest price maker because when there are altcoin listings on many large exchanges, the price on Binance is often below other exchanges such as Bitget, Bybit or OKX.
Not really — Binance still has the most liquidity 90% of the time hence the most 'accurate' price.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: After ETH ETF, now it's time for ETH ATH? on: May 24, 2024, 05:55:52 PM
It reaching all-time highs "soon" would be too easy, isn't it? What I like about markets is it wrecks people who are overly optimistic about a price target/reaction. I think it'll take longer than most people expect; with not much inflows at the start as most people expect.
14  Other / Beginners & Help / Re: New to the forum on: May 24, 2024, 05:46:49 PM
Also, if you're new to bitcoin as well:


* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Security related:
* https://chainsec.io
* https://www.lopp.net/bitcoin-information/security.html

If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters
15  Alternate cryptocurrencies / Altcoin Discussion / Re: Pi Network Token is to be listed in Binance Soon. on: May 21, 2024, 12:10:02 AM
Quote
Testing of Pi/USDT Trading Pair on Binance: $314,159 Price Successfully Reached, Pi to Be Listed Soon

Isn't this quote enough information to know that this is fake news? Who in the right mind actually thinks this Pi thing can trade with that price? And with a total supply of 100 billion Pi? LMAO. I swear the Pi Network fanatics are full-on crazy delusional; if anything, they're probably worse than the HEX fanatics.
16  Bitcoin / Bitcoin Discussion / Re: Why use decentralized bitcoin in a centralized way? on: May 20, 2024, 11:26:49 PM
There will always be people that will use/hold BTC in a centralized custodian, period. Especially those who don't have the technical knowledge to secure their own coins via self-custody(mostly old people), and those who are going to declare their holdings to the IRS anyway so they hold the BTC through ETFs instead to decrease complexity with taxation.

What's important is that we have the option to hold via self-custody; regardless what other people think.
17  Bitcoin / Bitcoin Discussion / Re: BTC never for sale? on: May 20, 2024, 05:18:46 PM
But why do people say never buy?
Outside of the likes of Peter Schiff and other anti-bitcoin/crypto communities, literally no one says "never buy" bitcoin lmao.


It's only valuable if it's in circulation. Isn't that what you have in your BTC?
Some people say "never sell" BTC because they'd rather spend dirty fiat money instead.

Also take note that even if literally everyone in this forum would say "never sell BTC", people will still sell BTC lmao. The market is too big that there will always be BTC being sold regardless of price and regardless of market sentiment.
18  Economy / Speculation / Re: Will Bitcoin Reach 100k USD in 2025? on: May 20, 2024, 04:35:39 PM
Doesn't matter when it will happen, but the fact is, it likely will. I'm pretty sure the one's doing well here on Bitcointalk are mostly long-term holders anyway, so they couldn't care less if it happens in 2025 or 2026 or 2027. If it doesn't happen next year, then whatever, continue stacking sats anyway.
19  Bitcoin / Bitcoin Discussion / Re: A debate between I and a friend who is real a time trader(Physical Trader) on: May 20, 2024, 08:01:22 AM
How do you even achieve full custody over your funds if you're a trader? You can do it through DEXs(almost impossible if you trade equities and not crypto) if your AUM isn't that large hence you don't need the huge liquidity that centralized exchanges have.

Self-custody is mostly for holders, not necessarily active traders.
20  Bitcoin / Bitcoin Discussion / Re: Number of new Bitcoin wallets drops to lowest level since 2018 on: May 20, 2024, 07:51:48 AM
On the top of my head, if the data is accurate, I think this really just means that this increase in price is mostly caused by OTC, the ETFs, and already existing Bitcoiners. We probably haven't had the huge influx of retail 'traders' like we had back in 2017.


I didn't get it, how can they get the data?

If I create a new wallet and never use it, is it counted? what's the difference between a new wallet I create and the wallet that haven't been created by someone? can the node notify or distinguish that?

I feel like they count the new generated address from centralized sites, centralized sites can report the total account has been created daily to Block.co.
I assume the author meant new addresses that receives some coins.
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