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1  Alternate cryptocurrencies / Altcoin Discussion / [DISCUSSION] USD Alternative stablecoin that saves you from inflation? on: May 24, 2022, 02:33:52 PM
Hello,

This is only a discussion and an idea i had about a stablecoin that could be better than USDT, USDC, BUSD and the concepts are:

- The coin is pegged to Gold & Silver and all assets that go against inflation.
- The coin would work similarly to how USD worked before Nixon ended USD Exchangability to Gold.
- The price of the stablecoin is not pegged to the USD but it goes up against the inflation either by pegging it to the purchase power of 1971 so you will be buying it at 6.66$ per coin as 1$ in 1971 is 6.66$ now,
OR we start from now so it starts at 1$ and it's value will go up with time and every year as per inflation rate.

- One of the reasons for this is that we know that the Dollar is inflating every year by 5% and this year could be double digits inflation, so pegging something to the current rate will work to save Stablecoin holders from inflation and on the other hand works as a way to exchange your BTC for instead of stablecoins that are backed by an asset that drops in value by double digits a year.

This is simply my idea and i would love to hear your opinions, i'm in no way making this but asking it how it would work if we wanted to make something like that?


2  Alternate cryptocurrencies / Altcoin Discussion / BitcoinPOS ( BPS ) is it a scam or will it be the bitcoin POS duo? on: April 30, 2022, 09:50:58 AM
Hello,
( Full disclosure: i bought like 200$ worth of this coin )
Few weeks ago i have stumbled upon a coin named BitcoinPOS which supposedly is similar to bitcoin but instead of Proof of work, it uses proof of stake where you can stake your bitcoins and earn like 10%, however it has a very small marketcap of $627,170 and a volume of less than 100$ a day, it's [ANN] seems to be from 2020 so it's very new and it's explorer doesn't seem to show me information about holding wallets, also it has very low supply.
So my question is anyone has information is this coin is a scam or proven to be, who's behind this, does it have the slightest chance to be the champ or is it all a facade.

Thanks

3  Alternate cryptocurrencies / Altcoin Discussion / [DEBATE] Are meme coins ruining cryptocurrencies? on: April 13, 2022, 06:57:56 PM
Hello,

I got involved with Bitcoin back in 2015 after reading about the revolutionary technology blockchain and it's use cases, and after couple of years later i started reading about the scalability issues of Bitcoin and how segwit2x would change that, so i started researching about BCH, Dash, LTC, ETH as each of those alts brought new ideas that solved certain issues like block size and transaction speed or anti-asic coins, it was a gold rush for better technologies and new ideas, then DOGE came and it changed everything imo, everyone who spent their time brain storming better ideas for new coins saw the success of this new coin that the only thing they offered was "funny" memes and untraditional methods to promote their coin and nothing about technology or improvements, this opened the gates of hell for more cringe worthy low effort Idiocracy type of coins that offered no value which imo made cryptocurrencies stagnant and changed the perspective that Crypto is a technological revolutionion to ponzi scheme like investement asset where we reward cringe instead of rewarding new technologies or ideas. so what do you think about this topic and if i am right or wrong and is there a way out of this.

I didn't mean to make this topic to attack any alts but as an open honest conversation.


4  Alternate cryptocurrencies / Altcoin Discussion / Binance owns 82.69% of BNB on: October 26, 2021, 11:30:18 AM
Hello,

My question is knowing that binance holds more than 83% of BNB how trustworthy or long term BNB can be? i seen coins with much less percentage held by devs fall to 0, so how is BNB any different?

should i be worried of this?, people are freaked out that Satoshi holds 4.6% of bitcoin but somehow Binance holding 83% is normal?. i am a long term holder in BNB, however after finding this facts i'm reconsidering my decision. i would like to hear what you guys think

BNB top holders:
0xbe0eb53f46cd790cd13851d5eff43d12404d33e8
0xf977814e90da44bfa03b6295a0616a897441acec
0x001866ae5b3de6caa5a51543fd9fb64f524f5478

5  Economy / Scam Accusations / scamming a private key scammer for 2308$? on: September 29, 2021, 10:09:15 AM
While scrolling on a random telegram channel, i found a post saying: "my country has banned crypto trading and i want to out my investment, someone help, my private key is : c94f4a0988ffc2b473de335a52a35d812d8b8db9b4fdef16fa1d0144255203a7 "

so i did what any reasonable man would do, i imported his wallet to see what's inside, there i found 32,000 MNE which from coinmarketcap it's valued at 0.0731$ in the time of this posting, that means a value of 2339.2$,

however the scam is that you have to pay a gas fee of 7-20$ depending on the day but as soon as you transfer the funds to pay for the fees they transfer them into a new wallet, which is very smart,

and my question is do you think this scam is really worth it? i mean can someone beat the system and be able to actually scam the scammers. would love to hear what you guys think of this new/old scam.

6  Bitcoin / Bitcoin Discussion / the US Government is the 9th Largest BTC Holder, BCH, BSV on: March 09, 2021, 10:08:54 PM
Hey guys,

What do you guys think of the US Government Owning so much Crypto that it "got for free", those wallets are controlled by DOJ.

BTC: bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6 ~= $3,755,714,388.06
BCH: qqrkjml7h3ymnc7ydd9m5r9s9hnqectmluwpxezd9a ~= $37,317,659.98
BSV: 1F884r9J2WKbu8wekebqqRcu1Bw1jiRXba ~= $12,932,669.07

And when they auction off these sums do you think the price of BTC will drop a lot or not?
Plus what do you think about how the government can just come in and take your Bitcoins for any reason.

Would love to hear your opinion on this matter.


7  Bitcoin / Development & Technical Discussion / Brute-forcing Bitcoin private keys on: March 01, 2021, 07:35:07 PM
Hey, i just wanna ask if someone here has tried bruteforcing random bitcoin wallets, i understand that some of you will give me big numbers of how impossible that is, but hear me, there are more than 30.4 million bitcoin wallets with a balance (source:cointelegraph), so by dividing that 2^256 by that number you still get a high number, but by studying the algos that create those wallets and patterns that may exist i think that number will be much lower, add to that if somehow you found thousands of people who are willing to brute force using a good algo for couple of years straight, then what are the chances that you maybe find a wallet with a large balance,

and for people who may say this theory is crazy and not possible i refere you to the guy who actually done just that for couple of years and found private keys of 3 small wallets.
This is like digging for gold and by technology going up i believe oneday it will be possible to brute force about 20-100 wallets each year using some crazy asic machine and a whole industry will be built around just this idea.

this is just a theory of mine which made me curious, would love to hear what you think other than no it's impossible.
8  Alternate cryptocurrencies / Altcoin Discussion / SegWit2x B2X & Block size | BITCOIN 2.0 on: February 22, 2021, 01:09:58 PM
Hey there, i'm an old member of the cryptocurrency world, and remember back in 2017 there was a big conversation about block size and transaction fees, and SegWit2x was announced to be the best solution by increasing the Block size to 2MB, even tho i understand that BCH and BSV are probably way more superior than B2X, do you see a chance of the conversation of high transaction fees when volatility goes up coming back, and what do you think is the best solution or do you think BTC should stay a commodity and not a real currency like nakamoto wanted it to be that you can actually use to pay for a 2$ cheesburger without paying 15$ to transfer it.
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