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1261  Bitcoin / Bitcoin Discussion / Re: Why not use Tether instead of Bitcoin ? on: July 27, 2022, 11:39:40 AM
Tether is a fiat currency from my own observation and my own understanding of cryptocurrency. why bitcoin itself is a decentralized currency which can work or collaborate together with fiat currency. as a cryptocurrency been popularly known as Bitcoin at the heads of other cryptocurrencies can not deal or do without the action or the help of Fiat currency. We all know that Bitcoin have it domination since introduction to the world but that does not mean that it does not work under Fiat currency because fiat use to purchase Bitcoin. So without it Bitcoin can not exist alone.
You should learn what is fiat currency and what is stable coin. They are not the same. CBDC can be a replacement for fiat currency because it is controlled by government and central bank. However, stable coin is not a replacement for fiat currency in aspect of governmental control. Even they can have same value on market but they are different.

The total supply of stable coin should be very smaller than total supply of fiat currency because governments won't allow companies to mint stable coins too much and exceed total supply of fiat currencies.
1262  Bitcoin / Bitcoin Discussion / Re: Satoshi’s exit - planned from day 1? on: July 27, 2022, 11:09:13 AM
Satoshi likely did not make an exit plan at start but did make a solid plan to maintain privacy and anonymity. You can be doxed then exit if you want to leave but with Satoshi Nakamoto, nobody can know real identity of Satoshi after many years.

If Satoshi did not seriously care about identity, something would have been leaked in cypherpunk group, in sourcefoge forum or in this forum. In fact nothing was leak that could destroy his privacy and anonymity.
1263  Alternate cryptocurrencies / Altcoin Discussion / Re: BUSD or USDT? Which stablecoin is safer? on: July 26, 2022, 02:17:24 PM
BUSD and USDT, they are both safely, the most safest amongst many stable coins on the market. List of stablecoins from Coingecko.

They are safest stable coins because they have real fiat currencies in their reserves, to back their pegs.
They are good because they have highest trading volumes.

However, always avoid to put all your eggs in one bag. Don't put all your stable coin into either BUSD or USDT. You should decentralize them to both USDT, BUSD and one or two more stable coins. Avoid algorithm stablecoins that are not safe with their concept and current algorithms.

1264  Bitcoin / Bitcoin Discussion / Re: [Discussion] Our Successor in Bitcoin Forum on: July 26, 2022, 11:12:55 AM
Because the Bitcoin transaction process is quite easy, everyone only needs to save the address and private key to keep it accessible anytime and anywhere as long as the internet is still around.
It is easy but two ways to make Bitcoin transactions.

From custodial wallets on exchanges for example. You are not the one who broadcast that transaction. The exchange does on behalf of you. They must approve your withdrawal request and broadcast that transaction for you. If they don't approve it, you will not be able to make that transaction because you don't own private key.

From non custodial wallets, you can directly broadcast your transaction without dependence on any third party. You own a private key and can do it by yourself.

Not your keys, not your coins
1265  Economy / Trading Discussion / Re: What do you guys think is the best crypto signals group on Telegram? on: July 26, 2022, 11:08:17 AM
What do you guys think is the best crypto signals group on Telegram?
You will have to spend money to join them. They are mostly paid groups, not free ones.
What groups are they? Pump and dump groups.

Do you think that you will always be the earliest signal receivers and do you think the core members of a group did not buy before they public signals to group members?

So the later you receive the signal, the later you follow their signal and buy, the higher risk and loss you will face with. It is your account, your money and your profit or loss, not that group owners.

And in general, trading is very risky.
1266  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Terra Classic scam? on: July 25, 2022, 02:55:56 PM
I failed project is not different than a scam project.

If 10 years later, Luna Classic can achieve what Dogecoin achieves now, do you think it is a successful project or will still call it as a scam project?

I believe Terra team will abandon it and community will take over it. It will recover very slowly with time but it will. If you have diamond hands, if you can hold your Luna Classic, you will get good results next couple of years.
1267  Alternate cryptocurrencies / Altcoin Discussion / Re: Stablecoins is a good way to keep and save money or not? on: July 25, 2022, 02:42:09 PM
Stable coins are better or worse than fiat currencies one way or another.

Better. It brings more convenience to stable coin users. Faster, traceable, public ledger and so on.
Worse. It can be over minted by teams. That means total stable coins minted can be higher than total value backed behind. In addition, what are assets backed behind are important too. UST and Luna crash is an example.
The same between stable coin and fiat currency, they are both inflationary.

I don't think stable coins are good to keep and save your money in. If you have to choose between stable coins and fiat currencies, I will choose fiat currencies, not stable coins.
1268  Economy / Trading Discussion / Re: Huobi Global has the lowest fees on: July 24, 2022, 09:56:28 AM
Also a representative here in forum form a high profile Huobi should at least be a copper member or a reputable account in forum which is totally opposite of the OP.
Buying a Copper Membership and get rights to post images are enough. If Huobi wants to have their announcement thread here, they can do it with a real representative, with a real newbie account.

If you hire a trusted member to post an announcement thread, you will have risk that you won't control that thread. The poster can turn to scammer, can be dead, can leave the forum for personal reason.

If you have a company and want to be here, let's create an authentic newbie account with a Copper Membership. It is not expensive for an exchange like Huobi or for any company.
1269  Bitcoin / Bitcoin Discussion / Re: Educating people on Bitcoin for free on: July 24, 2022, 09:36:18 AM
Today I read the news that in Holland, schools have banned the use of the Chrome web browser and Chrome OS due to a violation of privacy rules.
Chrome, Brave and Internet explorer are not browsers for privacy.

If Chrome breaks it and is banned in Holland, what about Brave browser and Internet explorer, now is Microsoft Edge?

Brave browser is a hilarious browser because they break their product rules for privacy by asking their users to fill KYC.

Only in schools, not all in Holland and it is on-hold, not ban. Chrome is prohibited in Dutch schools due to data security issues. If their investigation leads to more solid reasons, they will make ban, not on-hold like now.
1270  Bitcoin / Bitcoin Discussion / Re: Educating people on Bitcoin for free on: July 23, 2022, 11:01:06 AM
But One of the set back for Bitcoin adoption is the lack of proper awareness about Bitcoin and the stereotyped opinion of most newbies in Bitcoin that make Bitcoin look like a get-rich-quick scheme
Get rich quick scheme is more correct for altcoins and NFTs, DeFi projects that created hype in crypto market since 2020 and collapse since early 2022 started with Terra Luna, Celcius, Three Arrows Capital and Voyager.

With Bitcoin, you can not get rich quickly so it is not convincing to attract people. If you bought Bitcoin around $20000 and sold it around $60,000, it is only 3 times of your capital. It is lower than altcoins like Solana with 200 times of profit. It can be higher with DeFi and NFT tokens but altcoins are more risky than Bitcoin.

Fast comes fast goes and most of people on market can not keep their capital safely in altcoins.
1271  Alternate cryptocurrencies / Altcoin Discussion / Re: The RugPull scams/ How do recognize these projects? on: July 23, 2022, 10:52:30 AM
How do recognize these projects?

1: That Projects that offer an unbelievable profits to investors
Not actually. Projects can be launched with less efforts and succeed. If developer team feel satisfied with what they can get and if they have bad  moral behavior, they will exit, rug pull

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2: Anonymous developments team
Nowadays, anon team might not have confidence on their capability to develop their projects so they are fearful that investors will find them. If they are scammers, they might plan rug pull at beginning and want to stay anon.

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3: No special innovation
Not actually. Promise about innovation is on white paper only. You can not know what innovation one project can do if it is a young project.

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4: No review on other sites/Platforms
Not true. With marketing, review can be paid and what you read can be biased from payment. You must do your own research and not rely on review.

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5: Holding most of the total tokens by a specific address
Correct. Check the block explorer, see the top holders, and how much of total supply they are holding. Whether it is only normal wallets or locked by smart contracts.
1272  Alternate cryptocurrencies / Altcoin Discussion / Re: BTC or Gold Investment? on: July 22, 2022, 01:28:16 PM
Not first not later. It depends on what you are looking for. Higher ROI or a bit safer in both short term and long term.

Bitcoin is safe in long term but it is less safer than gold in short term.

Bitcoin can bring higher ROI for investors than gold in long term.

So what you choose, it depends on your favorite and what you are hunting for.
1273  Bitcoin / Bitcoin Discussion / Re: China banking crisis pointer to Bitcoin credibility on: July 21, 2022, 03:43:38 AM
Now the citizens are deprived access to they savings in the bank in China and the only reason given is that their savings have been turned into investments and can't be withdrawn without the consent of the citizens
Governments are not trusted. Central banks are not trusted. They don't protect your money after you deposit it to banks. KYC is required when you use banks but is it matter if it can not help you to actually own your money?

Recent events should make you withdraw all your coins to your own wallet: Part 2
Why KYC is extremely dangerous – and useless

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This can't happen with Bitcoin if your savings are in Bitcoin and in your private wallets, one will have access to it at whatever time or place. This is why China government do not want freedom that  Bitcoin offers due to Bitcoin decentralized nature.
With Bitcoin, if you own a key, you own your coin actually. Governments, banks can not get your coins if they don't have your keys one way or another.
1274  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: July 21, 2022, 03:33:36 AM

Hi DIGITAL GOLD family, does anyone not realize that DIGITAL GOLD Bounty has entered its third year now (I just remembered it too).
The DIGITAL GOLD Stablecoin Bounty Campaign starts on July 11, 2019.

it's been an amazing experience working on the Signature campaign to date.
GOLD Stablecoin is one of the paying Bounty Campaigns to date and this is certainly very extraordinary, under any circumstances it still survives.
We are digital gold family.

Thank you taufik with this anniversary reminder. Time flies so fast!

Honestly, Digital Gold is the longest and best bounty ever (correct me if I am not wrong). Best ever because they pay participants solid token (digital gold that is backed by real physical gold bars in vaults) and no issue from payment last 3 years.

Here we comes with the fourth year with Digital gold! Let's rock!
1275  Alternate cryptocurrencies / Altcoin Discussion / Re: How do I know RACA is a scam??? on: July 20, 2022, 09:14:51 AM
You should differentiate failure and scam.

If you call any project is scam because of fail in growth, in price, in your own investment, it is not right.
If you call any project with that policy, do you call Axie Infinity is scam ? They are pioneer of Play to Earn GameFi industry but they stopped it and shifted away from GameFi.

Who invested in Axie Infinity before the bull run or early of bull run did get very great profit. Others who joined later and hoped for a new all time high would be in pain now. But Axie Infinity is not a scam project.

RACA did have good hype and it is normal with altcoins. Pumps and dumps and altcoin investors should know it, accept risk and know what they are doing.
1276  Economy / Speculation / Re: Analyst Names "Starting Point" for Next Bitcoin Bull Run !!! on: July 20, 2022, 09:05:23 AM
We are not in a starting point of next bull run but in a last preparation time for next bull run.

We see market crash, we see liquidations, we see blood path, we see miners selling their Bitcoin to cover electricity bills but lot of people are still in. If most of them have yet given up, have yet capitulated, bull run won't start.

I meant starting point for next bull run is still in future, we did not get to that point. Selling what you own to cover something does not mean you are capitulating.
1277  Economy / Trading Discussion / Re: Huobi Global has the lowest fees on: July 18, 2022, 03:20:29 AM
Huobit has lowest fees, is it true?

Not lowest withdrawal fee for Bitcoin: https://withdrawalfees.com/coins/bitcoin
Not lowest taker/ maker trading fee: https://www.cryptowisser.com/exchanges/

In addition, if you are real representative of Huobi on Bitcointalk, you should make a service announcement more professional.
1278  Alternate cryptocurrencies / Altcoin Discussion / Re: Will exchanges control ETH after it becomes a PoS cryptocurrency? on: July 18, 2022, 03:11:33 AM
Exchanges are most richest whales so they will hold lot of assets not only Ethereum.

Very little investors who can have 32 Ethereum at least to stake their Ethereum by their side. Smaller investors will have to join staking pools from exchanges. Latest months we have been witnessing lot of fiasco from Terra Luna UST, Celcius, Voyager, Three Arrows Capital and more.

I don't put my coin on exchanges for staking and put my coins into uncertain future. The PoS will make Ethereum more centralized.
1279  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: July 17, 2022, 05:45:20 AM
Dear World - BAY is making a comeback; But don't call it a Come Back - it's been here for year
An impulse from silence so it is good but what's next?

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There is still a lot to do; however, testing the bridge begins on the Goerli Testnet Network.

Basically you load Metamask, inport the BAYR, BAYF and BAYL token addresses and then you can send you ETH address on Goerli to receive coins.
It's that easy.
What are difference among BAYR, BAYF and BAYL?

Could you explain the differences among them, please.

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Winners never quit, and quitters never win. We'll be back just in time for the collapse. Go to Telegram to learn more (https://t.me/bitbayofficial).

DZ, et al. are doing their part. Others need to step up and and "knock-out" the Marketplace so we're ready. Be Creative. Be Free.
I never on the BitPay boat but today I saw your thread and I thought it is a thread for BitPay service, not a coin. After a few minutes to read, it is not from BitPay but I am still interesting to find out more about your project and its future.
1280  Alternate cryptocurrencies / Altcoin Discussion / Re: Chinese digital economy to integrate Crypto and NFTs on: July 17, 2022, 05:35:27 AM
They have trial and launch of Chinese Yuan CBDC so they actually use blockchain technology for their national finance system.

Though it is a good choice, it does not lead to decentralized CBDC in China. Their CBDC is in control, centralized of Chinese government. With politics in China, human rights, freedom and decentralization in finance are impossible.

Integrate crypto and NFT into their national finance, I don't know but it is more possible than a decentralized Chinese CBDC.
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