How is that forum comparable to Bitcointalk? it's not even close! There's barely any people using it and the top topics are still from last year just made it worst. I also doubt that it's going to get as big as Bitcointalk since this forum is all about BSC.
|
|
|
Coinbase messed up big this time. It's understandable they are wash trading during 2015-2018 since almost every exchange does this and crypto wasn't particularly as famous as 2021 but they should have anonymously did it instead of disclosing one account that might link to the other. The authority probably increased their manpower and Coinbase only but caught this time.
|
|
|
I wouldn't say it's the best because I personally prefer BUSD over Ether. It certainly is the most famous and most used because it's one of the first Stablecoin to be created but there's always going to be competition and market share will eventually spread in overtime. with stable growth in its price which is a really good way to make money and also started accepting as payment.
What do you mean "stable growth in its price"? it's a stablecoin, its price won't grow since it's 1:1 to USD.
|
|
|
Moving to Binance Chain wouldn't be a problem if only the developers of the other coins move too but unfortunately, it's really unlikely to happen. I'm sure a lot of investors are willing to move to Binance too if only those DeFi projects supports them.
This is getting out of hand to be honest.
|
|
|
There's no real solution for now. You can either wait for it to lower for a bit (there are times when gwei go 90 as viable or even 80) or don't use ETH at all. I'd prefer the latter because it just doesn't make sense for a fee to be $20 (and that's actually the price after transferring) when you're only going to transfer less than $100.
I really don't recommend ETH right now.
|
|
|
I just can't believe how naive and stupid people can be sometimes. This is probably like the second time Elon Musk name was used and I still remembered how a famous youtuber even told how stupid and obvious this scam is and people still fall for this. I won't be surprised it there's going to be a third Elon Musk imposter since there's just too much people who is ignorant in the internet.
|
|
|
-snip
At least we got a good conclusion to this drama and the best part is it didn't last long. I've only been seeing this Nigerian crypto issue since last month so I guess the government listen to the people and saw that Nigerians are willing to adopt cryptocurrency.
|
|
|
It'll be hard for you to earn a lot with that amount of money unless you got super lucky. Anyway, you can go for top 100 altcoins that fluctuate a lot (preferably down in the last 7 days) which is kind of high risk high reward. You can use coingecko or coinmarketcap for this.
Next is look for a good community. What I mean by this is find a good discord or telegram server that you can use to communicate with people in your country. They can bring news or trends that might suit your investment opportunity. It's also easier to make friends and connections that way.
Also, don't forget research on the coin that you are going to pick.
|
|
|
Apparently, they expect the price to rise very high.
Which is expected to happen. They holded since 2018 which the price was below still $10,000. Now look at the price right now and it's going to increase further because of the demand in supply. In fact, they are helping with the price increase because they're trying to limit the supply of Bitcoin by holding and 55% isn't a something to laugh at.
|
|
|
To be honest, if you'd just googled what is the rules and regulations here in the forum, you would have gotten the answer in seconds instead of complaining here in meta of what are they.
|
|
|
maybe after the mined coins run out, they have prepared everything for retirement.
I don't think it'll stop miners from mining because of that. There's still transaction fees to profit of (assuming that Bitcoin is at the price for the transaction fees alone to be profitable). I think the only way I see is for Bitcoin and all other PoW coins were somehow, in the future, were to migrate in PoS for some reason. Now, there's no way miners will go away even if we reach max supply.
|
|
|
Jeez, $18 just to send some tokens. the other day I had to send like $25 worth of fee. ETH gas price is a nightmare right now for tokens. To be honest, I have no problem sending just ETH alone, but the gas needed for transferring tokens is just absurd. Though luckily there were days where fees are much lower than the other days. You might want to look at this to get an idea to lessen your transaction fees https://ethereumprice.org/gas/
|
|
|
A newbie trying to promote a too good to be true investment. Looks like an alt of a scam to me.
This looks more like one of those HYIP but on a much lower rate. 30% is actually huge per month (1% a day) for a passive income that it seems too good to be true. He didn't even provided the link for more information. Beware newbies.
|
|
|
A snapshot happened yesterday and anyone who holds XEM will get XYM 1:1. I don't know the max supply though but I think it's going to be more or less the same? I don't know anything about swap but I think it's just an airdrop for XEM holder.
I was really surprised, just the other day the price was still around $0.6 price range. To be honest I don't really know what's going on but there's a lot of FUD saying XEM is becoming a scam. Others are saying like it's going to get abandon so the devs can move on to the next project which is XYM.
|
|
|
You'll have to pay more than $1 if you want the miners to send that amount. it's not wasted but it's definitely more expensive than sending larger amounts at a time than smaller amount. If you're just receiving anyway, you don't have to worry about the fee, it's the senders responsibility. Seems like this may be a problem as small transactions overtime cause the number of spendable bitcoins to decrease?
Yes, but developers are trying to find solution to this, like the LN to potentially solve the problem.
|
|
|
China full of hypocrisy and BS again. How about they start with their own pollution? how about they prohibit banks because banks are more significantly more resources expensive than Bitcoin mining? How about they actually start doing something instead of doing BS like this? Of course they won't do that.
|
|
|
Since most of Bitcoin is mined in China and depends on China's energy, do you think it is possible that Bitcoin will become centralized, with China becoming the authority?
China do mined most of the Bitcoin BUT that doesn't mean they own all those Bitcoin now. It got distributed already from all over the world and China's supremacy over mining is decreasing over time. It's only a matter of time before China become one of those countries competing for a piece of pie instead of hoarding the pie. Also, with China's regulation getting tighter, it's not going to help them with Bitcoin. There's no way China can control Bitcoin.
|
|
|
It's not really surprising though. He started shilling shitcoins during the 2017 hype and made millions of money (I really doubt he only made $2,000,000 from those altcoins he pump). He basically scammed millions of users in the process just from one tweet alone. If you're from 2017, then you wouldn't forgot the infamous ETN pump.
But how will the feds handle this though? I'm sure Mcafee wouldn't just stand doing nothing.
|
|
|
I don't even think it'll even reach any exchange except decentralized ones. Most likely they would announce or report to everyone that someone stole their BTC and most likely exchanges will get notified on the wallet of the hackers. Centralized exchanges mostly holds the majority of the market so I think those Bitcoin will only get few million dollars and some would get stuck.
But of course there's going to be FUD all around the news so it would artificially affect Bitcoin because of panic.
|
|
|
I think what that picture indicates is the overall usage of the resources of the banking system (which includes delivery, servers, ATM, etc.) vs Bitcoin, not just energy. I don't know if the statistics on this article is true ( https://news.bitcoin.com/bitcoin-energy-consumption-is-far-more-efficient-and-greener-than-todays-banking-system/) but the total consumption of the banking system per year is around 140 TWh while Bitcoin is only around more or less 111 TWh. That's still a huge difference, not to mention a lot of Bitcoin miners use green energy nowadays. There's just too many FUD around Bitcoin that doesn't make sense if you compare it to the banking system.
|
|
|
|