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I initiated a swap on Swapzone.IO through Changelly provider to exchange .07 ETH on BASE network for a different crypto. They provided a deposit address of 0x3ff62c6e0a24b951f33278afd2f313d752f9b60c to which I sent the ETH. Shows up as an internal transaction and the address is clearly now funded: https://basescan.org/address/0x3ff62c6e0a24b951f33278afd2f313d752f9b60cThey never acknowledged the deposit and never sent the requested crypto. Contacted customer service from both and got no response. So bottom line don't use Swapzone unless you don't care about those coins. Not reliable. Their providers aren't reliable. --- UPDATE: Looks like they finally honored the swap on Feb 13. |
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I have a feeling that the wide availability of Bitcoin ETFs will herald one of the longest and most stable bull markets for Bitcoin that we have seen to date. I've always invested in BTC using a private wallet but with Fidelity's offering I feel fairly safe and confident putting a portion of my 401k into it. I had to check a few boxes that I accept the risk but other than that Fidelity authorized the transaction.
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Every day it seems a new story emerges about an exchange going bankrupt. Has been a recurring pattern since the Mt. Gox collapse. Why, with so many examples of failures, do people continue to keep their money on these? You don't own crypto if you have "coins" on an exchange, you have an IOU from a business that may or may not even be solvent.
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Staggering when one considers it looked to be on a sprint to $5T just a short time ago. A rather epic collapse.
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The actual content of the NFT, such as a piece of art, is rarely stored on the blockchain. The reason why the content (such as a JPG, MP3, or Gif) of the smart contract associated with the actual NFT is stored on the web and not the blockchain is because of the size and cost. So you don't really own a piece of art. You own a piece of metadata describing some art that is stored on a centralized server. Those servers will, inevitably, eventually go down, be hacked or bought out so the owners of an NFT will, in the long run, own nothing but some metadata pointing to a defunct site.
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That's right over 6.5 trillion coins were minted, most of it in a single day, to try to backstop $UST. So any coins you held historically are, I'm sorry, essentially worthless. With the blockchain halted, any speculation you do should take into account that prices will be in the satoshi range, or less, for pretty much the entire future of this coin. It cannot come back. https://terra.smartstake.io/history/365 |
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Looks like it all ended in one trade.
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Once in a while, a great opportunity comes along to acquire more BTC. They don't last long. We are in that moment now, with prices nearly 75% off the peak.
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It was a nice run but with BTC approaching 50% dominance the death bells are ringing for the Alt fad. I won't shed a tear for XRP or TRON.
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You first heard it here. Buy now. Put all your best clients on it. Blue horseshoe LOVES BTC.
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Noticed that Chrome disabled MyEtherWallet extension because it now needs permission to see browsing history. That seems like a HUGE security hole for a crypto, since, among other things they could potentially log who you are and what acccounts you use online. Was this inadvertent by the devs or will the wallet now require it? Seems to render it useless.
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That phrase doesn't mean a whole lot when the government isn't even open for business. Expect a substantial rally in BTC as the US government shutdown drags on.
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BCH seems much more in line with what Satoshi saw the coin as -- a mechanism to facilitate transactions globally without excessive fees. The 1MB block size limit and backlog on Bitcoin is pretty ridiculous at this point.
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Seems like a better approach than the current 1MB v/ 8MB debate.
Obviously 1 MB is too small and 8 MB is way too large. Rather than have constant code changes, threats of forks, etc... why not just modify the core so that every 100 or so blocks mined the block size increases by a small %?
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Has this public address:
15iJ9qjD1n3A4xz56QFWhH7uJyAH9A9gox
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It seems that for every slightly innovative new coin there are a swarm of naive "investors" willing to pay a 50x premium for the coin relative to where it will ever trade on an exchange.
Why do they do this? Is this a form of charity?
Or are they just dumb ?
Latest example is primecoin. Why are people paying 10 LTC for coins that some guy minted in one night on an i5? Guys - the value of that much compute power is maddeningly close to zero. You're getting ripped off
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Seems that ASICS is have a detrimental impact on BTC.
(1) A huge amount of hashing power is now in the hands of companies that can stamp out one set of chips after another. Few seem to make it to retail (i.e. BFL)
(2) Most of the former GPU miners, once a large support base for the coin, have lost interest due to the BFL fiasco and the fact Avalon shipped only a tiny number of retail devices
(3) Concentration of network power in the hands of a few is a disaster. Precisely the opposite of what BTC was supposed to be all about
(4) Raw gh/s figures are irrelevant given that only a tiny number of firms have ASICS designs. THESE COMPANIES NOW EFFECTIVELY CONTROL THE NETWORK
LTC is looking very strong right now. Holding its USD value as BTC falls.
The two may meet in the middle
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Wasn't working with Cox DNS
I went into my TCP/IP settings and changed primary DNS to 8.8.8.8 and secondary DNS to 8.8.4.4 and works fine now
That is the Google DNS so it is safe
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Recently someone posted a virus and used the name firecoin. I want to remind people that there is a real firecoin, called firecoin2, that is a fork of feathercoin. It started out as a joke but is actually quite a nice, albeit forgotten, little coin with a nice logo Details are here: http://firecoin2.com/ |
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