Show Posts
|
Pages: [1] 2 3 4 5 »
|
Stupid question but what if:
All major cryptocurrency exchanges turn into "bad guys" and only allow people to buy bitcoin and not sell it do you think that this will have a positive impact over Bitcoin's price?
Now the reverse scenario: All major cryptocurrency exchanges only allow people to sell bitcoin and not buy it do you think that this will have a positive impact over Bitcoin's price?
NOTICE: The bitcoins bought come from the cryptocurrency exchanges and not other users, so basically a massive "dumping" of crypto exchanges
|
|
|
Elon Musk's tweet wipes $14bn of Tesla's value. Many people think he will face issues with SEC again. I tell you this is not going to happen. Zoom's CEO said that Zoom's stock was overpriced when Zoom went public and he is fine, never had a problem. Chances are that if you have tesla stock (no leverage) you will still recover and make a profit.
|
|
|
Fratilor, am avut un serviciu pe un website pe care l-am discutat cu cativa moderatori si nu intelesesem ca acel serviciu era "dangerous" pentru users. Evident am schimbat tot (am anulat acel serviciu) si ma trezesc cu -rep de la un Legendary https://bitcointalk.org/index.php?action=trust;u=2423580I-am trimis omului e-mail personal si i-am zis "Again, I apologies for my over-confidence in a topic where I thought I was right" + alte cateva chestii. Chiar am inchis topic-ul si am pus anunt ca ce a zis el era corect. Desi nu sunt asa disperat, ma deranjeaza ca report-ul baiatului asta destul de cunoscut (ex detinator www.bustabit.com ) nu reflecta situatia reala. Sa mentionez si ca acest baiat a avut si crowdsale care nu prea i-a mers si a trebuit sa dea refund la toti ( https://bitcointalk.org/index.php?topic=1522555 ) deci si el a facut greseli si nu a primit -rep asa aiurea.
|
|
|
There are two ways to increase the money supply: - the central bank prints money
- normal banks issue loans
From my understandings there is a concept called RRR or Required Reserve Ratio which is set by the government, say 10%. If a customer deposits $100 to their bank, the bank is required to keep in reserves 10% or $100 x 0.10 = $10 This means that the other $90 can be loaned out (excess reserves = deposits - RRR) (issuing loan = making new money but not as in printing new money, more like increasing the total supply) Assuming that I've got this concept right and that the customer did not withdraw their money, the bank can earn interest on that $90. In a perfect scenario the borrower returns the $90 + the interest for the bank and now the guy who deposited money can now withdraw them. Correct me if I'm wrong, the money supply in the world increased by the amount the bank loaned ( $90 ). Why? How?
I find this concept very confusing. What happens if the customer who deposited money takes their money back when part of their money is loaned!? Does that make the banks non-compliant?
|
|
|
Just found this staking calculator: https://ethereumprice.org/eth-2-calculator/ which allows you to calculate how much "money" you will make staking ethereum. Let's say you stake 100 ETH, each year you get 14.26% (compound interest) so 114.26 in first year The ROI is good (just like real estate) but why would someone stake cryptocurrencies in a volatile market? The price of Ethereum will move so much that it can send any investment to bananas
|
|
|
Can someone explain Binance Futures and why its graph is different from Binance Classic, Bitfinex, Kraken, etc? I just noticed that on Binance Futures, pair ETH/USDT on 1D candles, on 13th March 2020 there is one candle between with low $84.23 and high $323.0This massive price gap does not appear anywhere else, not on Bitfinex, Kraken, not even on Binance's Spot Classic Trading I looked on Bitmex.com (binance futures competitor) and their chart is the same as in Binance Classic, Bitfinex, Kraken, etc. Can someone explain if I'm missing something!?
|
|
|
During this period of pandemic me and many other people expected cryptocurrency prices to go up by a lot, especially since the governments around the world started printing billions. In this topic I explain why this did not happen, but first let's get an idea of inflation related to printing money. We will use basic numbers in millions rather than trillions. Let's say that we are in a country where the entire economy output can be represented by 10 million pens. The average price / product is $1 and therefore the economy produces $10M worth of pens. The money supply printed is $10 million. The bank prints another $10 million (double the money supply to $20M) however the number of pens stays the same. Because of this, people may have more money and firms may push the price to an average of $2/pen. The economy is now worth $20M rather than $10M but the number of goods is the same. The price increased shows us that we had an inflation of 100% In this condition the GDP of the country is an illusion. ___________________________________________________________ Number of Pens Money Supply Price/pen 10 million $10 million $1 || scrr print money || 10 million $20 million $2 ____________________________________________________________ If you were a "wealthy" of this system and had $1million in savings, that would be worth just $500k after money is printed. A historical fact worth mentioning that seems like everybody is leaving out is a Germany of 1920s where the german currency became worthless. Germany had to carry world war 1 reparations to allied civilians. They just decided to print more money On a logarithmic scale it looks like this: Recession periods don't cause inflation as long as printing is regulatedIn other words, countries have "free to print" but they should not abuse this system otherwise it will turn into a 1920s-1930s germany scenario. Bank of England is an example as during the liquidity trap between 2008-2012 it printed a lot of money however this did not create inflation. Liquidity trap = "inability of a central bank to stimulate economic growth through interest rate cuts. The goal is to stimulate spending by making borrowing cheaper and saving less attractive. The trap opens up when the public’s demand for goods and services is so weak that even an interest rate of zero fails to juice activity. " With Covid-19 happening, we've seen people spending lots of money on supplies, etc. This was good as it helps us avoid a scenario in which prices fall, causing people to delay spending, which makes prices fall even more, and so on down while the bank prints money (BANG!) In other words, it is estimated that inflation has slightly increased since 2019 (less than 0.2%) however not enough to create a big crypto movement that would have sent Bitcoin to the moon and beyond. The money printed were retained "adequate" to the situation. What are your thoughts? Anything meaningful you can add?
|
|
|
In UK the government approved "Investigatory Powers Act" which gives them power of mass surveillance of citizens. Since 2016 ISPs must now hold your data for a long time and GDPR rules ("pls delete my data", "can I see what data you hold about me?") do not apply In case you use a VPN and the ISP doesn't know what you searched on the internet, they will ask you to decrypt your data. If you can't, you face up to few years in jail or a heavy fine (unlimited fine so it can go in millions if you're a suspect drug dealer, etc). THE BEST PART? Politicians exempt themselves from this law (Is this country really a democracy? This was not voted by the people lol) https://www.independent.co.uk/life-style/gadgets-and-tech/news/investigatory-powers-bill-a7447781.html
|
|
|
I'm a cryptocurrency fan and I use it almost weekly. I don't hodl and when the opportunity arises I use it, however I want to ask one question on this most "extremist" (in good sense of the word) cryptocurrency forum with the risk of getting hate
One of the biggest and most "worshipped" claims in the crypto world is that "banks print money out of air" and a poor monetary policy can result in the fall of the currency. Bitcoin maintains supply based on mathematics so "crypto is king".
Since banks can print money out of air and transfer that wealth created out of air to crypto therefore partially corrupting the system, why do you still believe in crypto?
|
|
|
After discussing with different cryptographers and few members of the ethereum foundation I realized I was following the wrong direction.
Soon MetaSafe will change for the better. I will close this topic as for now.
Massive thanks and my apologies to LoyceV and Rhavar who were right.
|
|
|
I found some nice laptops for £1,200 on aliexpress:
Xiaomi 2019 Gaming Laptop Windows 10 OS Intel Core I7 - 9750H Hexa Core 16GB RAM 512GB SSD
It also has nvidia geforce rtx 2060 6gb. The only drawback is the chinese operating system which I can change anyway. Has anyone ever purchased such laptops on aliexpress and what was your experience?
|
|
|
The UK approved to pay 80% of employees' salaries. My accountant recommended me doing this scheme with this lawyer. he seems legit enough for me + there is money back thing which is appealing to my eyes. I'm ready to send him my money. Any recommendations, am I the only one doing it or you are also doing that guys? edit you guys may be right. This could be a scam. I requested a call and I am being avoided. I recalled my accountant and I was told it's not. I am confused now
|
|
|
The richest bitcoin holders (excluding companies so just individuals) if bitcoin reaches $100,000
Name Bitcoin Holding Net worth Rank on the world's richest list (22 March 2020) _______________________________________________________________________________ _______________
Satoshi Nakamoto 980,000 $98 Billion #2 Winklevoss Twins 176,000 $17.6 Billion #49
Roger Ver 50,000 $5 Billion #333 - 348
Barry Silbert 48,000 $4.8 Billion #357 - 370
Anthony Gallippi 34,000 $3.4 Billion #568 - 595
Tim Draper 30,000 $3 Billion #674 - 706
Charlie Shrem 20,000 $2 Billion #1051 - 1121
The biggest owner holds just 4.9% of the total supply. Compared to company shares where the founder owns 10-20+ %, Bitcoin is very decentralised in wealth distribution.
What would be your net worth if bitcoin reaches $100,000?
|
|
|
Dear community, Today I want to announce a new industry standard for generating seed phrases / mnemonics. MetaSafe allows you to generate SECURE seed phrases for yourself or your users if you are a wallet/exchange/company.
The chances for mnemonic-attacks are low (= the hacker guesses you mnemonic) but this does not mean we should just rely on chance. Instead, we must implement adequate security measures for mnemonics which protect us: dAPP users, MetaMask users, decentralized and centralized exchanges & literally everyone who uses a mnemonic for accessing their wallet. Inspired from one of my favorite services, myEtherwallet I decided to make MetaSafe a client-side application. This means that your mnemonic generated or analysed will be just on your computer and never sent to our server. You would be surprised to find out that your mnemonic is not the most secure. 1/5 are not and you may be that one. There is an analyser free to use on any mnemonicCompanies that use MetaSafe wallets will receive a badge from us with their ID which will be stored on the blockchain. Users will be able to verify the identity of those companies on https://www.metasafe.org/whoRoadmapCreation of node package to support companies generating mnemonics (entirely client side, easy to integrate, coming very soon) DoneIntegration of mnemonic/seed phrase analysis and generation for 24 words mnemonics Done- With everyone's support, hopefully we can make top wallet generation services (e.g Metamask, myEtherwallet,etc.) to
implement MetaSafe. They can generate trillions of secure wallets for no running costs Bitcointalk Bounty Campaign to reach more users POSTPONED FOR NOW Documentation + some sort of paper describing MetaSafe in more details Done - Expansion to create & analyse seed phrases on other blockchains and not just Ethereum
- Seed phrase brute-force service in case you forgot one or two words
Company Application (OPEN)There will be one fee to place your company on the blockchain and give you a badge. If you apply now you can get it down for a small fee because you are between the first. The badge is useful to let users know that you are taking care of their safety/security and implement MetaSafe services. The ID will point to your company details. If interested, please leave a comment with the following format: Company name: Company website: Have you contacted us already? Yes/No: Access MetaSafe now: WEBSITE
|
|
|
We are still being targeted by ads, no matter the GDPR regulations and everything to "control what you see". Today I opened my incognito Chrome tab (without being logged in on google, gmail or anything), searched for a leasing deal for a new car. I just looked at those deals and nothing more, closed the tab. Later today I see my instagram full of leasing ads, 2 in a row from two different companies I am an ethical hacking & cyber-security guy so perhaps I know how take care of my security. Have we moved from cookies-based targeted ads to NAT/PAT IP targetting? ( https://en.wikipedia.org/wiki/Network_address_translation) Screw this, I am starting my own VPN. Features it will have: Possibility to change the encryption method: - For important things like transactions etc it will be a good security encryption method but it will be slower
- For normal things that need speed like watching youtube, netflix etc it will have a normal encryption method like nord vpn but it will be faster
100% open source and free, you will be able to host it yourself for max $5/month and don't pay those VPN scam companies. You will have full access to your own information that is held on the VPN, no logs, no stupid things. (for your knowledge, even VPNs are not secure so that's why hosting it yourself is better because you have CONTROL https://techcrunch.com/2019/10/21/nordvpn-confirms-it-was-hacked/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAIzsV-id4TYt5JxoHP4MdXifk7ruMmhXGFYwOBFHowFmuaJro6nJ-328EmFzYs67yO93XbV2bakJUxM3afJBMQ-0mUijxg75o4eA7ip2GAtqVpzBwIeO-4_49F0_cbS0mubBGVQehKFWmod3al4LfV_alCTAaZy7uTxhsMaJS6ko ) Will post and update as soon as the solution is ready.
|
|
|
Just randomly navigated to https://coinmarketcap.com/rankings/exchanges/ and what do I see? Top exchanges: Etherflyer, MXC, LBANK, ZB.COM Are those exchanges a scam / faking their volume a lot or is EtherFlyer, MXC, etc "the new binance"? Never heard of them
|
|
|
ASMR or Autonomous sensory meridian response is an euphoric feeling you get when you listen to certain sounds. It gives you "tingles" and makes you relax. Some people get tingles, some people don't. It's a new phenomenon and it's still taboo. People who watch ASMR are seen as weird and I will give you examples why. ASMR videos are usually watched before going to sleep. NOTICE: To experience ASMR you must use earphones / headphonesExamples OneASMR videos without voice, usually following one pattern repeated all over the video. This ice cream ASMR for example https://youtu.be/oXBNCX_TNuc?t=164Examples TwoASMR videos without voice, using multiple objects and may include tapping, scratching, etc. https://youtu.be/_TeoeXWxvZI?t=393Example ThreeASMR videos with voice, usually giving you personal attention or make sounds with the mouth, whispering, etc. https://youtu.be/avPejvqzg48?t=741Example fourWeird ASMR videos that make everyone feel shame for watching ASMR. Include stupid stuff such as sucking microphones with passion, etc. https://youtu.be/TLtX3qnUGHo?t=213
|
|
|
|