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1301  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Tether (USDT) be really called decentralized cryptocurrency? on: October 25, 2020, 04:36:25 PM
Tether is a company and they only issue USDT when there is a bond in the bank. Tether is a store of absolute value when 1USD = 1USDT, sometimes their exchange rate difference due to market transactions. Tether is issued on different blockchains, and they are still influenced by the Tether company.
1302  Alternate cryptocurrencies / Altcoin Discussion / Re: Does Signature campaign increase ICO credibility? I see few good ICOs recently on: October 25, 2020, 04:15:45 PM
I am a regular participant in signature programs and I find that they do not help projects. The signature program is inferior to Twitter, Facebook, Telegram, Youtube Video ... because it only affects the Bitcointalk forum. Other social networks have more users and certainly bring more advertising value.
I consider the signature program of interest to encourage everyone to participate in discussions on this forum.
1303  Bitcoin / Bitcoin Discussion / Re: Loan to buy Bitcoin? on: October 25, 2020, 04:11:12 PM
The cryptocurrency market is high risk and no one can predict their future value. Cryptocurrencies are associated with technology, technology is always changing. Bitcoin can be a good investment, you can borrow money to buy Bitcoin but always know your financial ability. I used to borrow money to invest in the crypto market and I know the difficulties of investing with loans. In the case of a re-selection, I wouldn't borrow to invest because it was terrible. I have to work hard to pay off my debts while my investments are losing money.
1304  Bitcoin / Bitcoin Discussion / Re: Why should we welcome centralized bodies for Bitcoin mainstream on: October 25, 2020, 04:03:31 PM
Bitcoin alone is already a means of payment and it is in direct competition with any form of global payment in the world because of the advantages of transferring money quickly and having small fees when sending large amounts.
Paypal has a much higher cost than Bitcoin. The integration of Bitcoin in Paypal's system helps them benefit from transaction fees.
Bitcoin on Paypal does not lose the decentralization of Bitcoin because not all of us choose Paypal to transfer money.

Talking about the benefit of Paypal for Bitcoin, which is that it is free globally, Bitcoin will become legal because it is regulated in the law, Bitcoin has more liquidity from users on Paypal (this has will cause Bitcoin to rise in price).
1305  Bitcoin / Bitcoin Discussion / Re: Will you buy BTC from PayPal now that they are letting people do it? on: October 23, 2020, 02:08:53 PM
I personally using Paypal since 2007, I never had any problem with them. So for me Yes, I will certainly buy bitcoin from PayPal, because it will be easy for me to buy and sell there than an exchange. I trust Paypal, they are one of the biggest online payment services and been there for ages. Once Paypal starts bitcoin selling, it will be officially bitcoin using in the mainstream.

The problem with paying on Paypal is that their fees are too high from (1.5% - 2.5%) + 0.3 $ per transaction. I have never used cash to buy Bitcoin on Paypal, I will probably incur fees from their platform. Another problem is that can we withdraw Bitcoin to storage like other exchange platforms?

If there is only one thing for Bitcoin to be moved internally within the Paypal system, then bad because it doesn't help much for those who want to keep Bitcoin.
1306  Bitcoin / Bitcoin Discussion / Re: Thinking Bitcoin is Scam on: October 23, 2020, 02:01:14 PM
In the years since Bitcoin's inception, many have called it a scam. At the same time, there were thousands of people buying into Bitcoin and rich with that choice.
Bitcoin has liquidity around the world and is accepted by many institutions for payment in Bitcoin. Bitcoin is created by investing in machines and using electrical energy to create it. Bitcoin is essentially a store of value because the difficulty of Bitcoin mining increases every 4 years and the limit is 21 million BTC.
Looking at the amount of cash, no one knows how much more money the world will print in the future. Cash is used by people and is also supported by banks for crimes they commit such as human trafficking, smuggling, money laundering, arms trafficking, ...
Bank cash is made of paper and regulation, they are valuable because people admit it. Bitcoin also admits its value and liquidity increase over time so it can't be a scam.
1307  Bitcoin / Bitcoin Discussion / Re: People Say btc is Not ponzi but its look like ponzi on: October 21, 2020, 02:09:32 PM
Bitcoin can't be Ponzi because Bitcoin is more than 10 years old and its value continues to rise over the long term (including downward adjustment). Just like fiat money, there is always an exchange around Bitcoin. Bitcoin's liquidity is quite large and the number of people using Bitcoin increases over time.
Many countries agree Bitcoin is a legitimate means of payment.
1308  Economy / Economics / Re: PayPal to allow cryptocurrency buying, selling and shopping on its network on: October 21, 2020, 01:54:44 PM
Quote
U.S. account holders will be able to buy, sell and hold cryptocurrencies in their PayPal wallets over the coming weeks, the company said. It plans to expand to Venmo and some countries in the first half of 2021.

Are those real bitcoins or like in the case of revolut just a form of CFDs?
If those area real bitcoins and you can deposit and withdraw them from Paypal then this might be the much-awaited breakthrough, not a fan of Paypal and probably not going to use it for this but there are millions who will.

Oh, they haven't launched yet but they already have the fees for it:  Cheesy
https://www.paypal.com/us/webapps/mpp/paypal-fees
Between 2.3% and 1.55, not that bad.

They are actually making money efficiently at exorbitant costs. I'm not sure if they charge a fee with Bitcoin, but if they do, then no one will use their services. Bitcoin alone is an extremely good, reliable and cost-effective means of payment.
Paypal's move makes Bitcoin advertising to everyone for free. The more people who use Bitcoin, the higher the liquidity and value of bitcoin.
1309  Economy / Economics / Re: Government slowly open the economy, will it make the pandemic worst? on: October 20, 2020, 12:53:02 PM
I agree with your point of view. Economic openness can be a threat to the economy, especially in countries with large tourist arrivals. There is a need for strict management between agencies in the state system to prevent pandemics. A recent example where I see economic opening up, social activities back to normal, potentially the risk of pandemic continuing to complicate, in China, pandemic lasting months and recently In October 2020, couples held many weddings, hundreds of thousands. 19 more COVID-19 infections were found in the community in the nation's chain of wedding events, a sign that we should not neglect pandemic prevention.
I think the use of masks and regular daily hand wash with the antiseptic solution is essential among people.
https://www.reuters.com/article/us-health-coronavirus-china-cases/mainland-china-reports-19-new-covid-19-cases-idUSKBN27502R
1310  Alternate cryptocurrencies / Altcoin Discussion / Re: Time that there will be no new altcoin projects anymore on: October 20, 2020, 11:53:15 AM
Generate different tokens from the real project. We can generate tokens on instructions on the internet.
The tokens I know of are mostly spam projects, and they are more like a placeholder token than a valuable utility token.
Creating a project on the blockchain doesn't necessarily create a token. Looking at Moonswap, they create DEX and there is no token representing the project.
1311  Other / Archival / Re: Potential shortage of bitcoins? on: October 20, 2020, 11:34:18 AM


A lack of bitcoin is impossible because bitcoin is broken down to 100,000,000 satoshi. There are always people buying and selling Bitcoin, bitcoin's value is determined by demand.
Even without a small denomination there is no such thing as shortage for bitcoin, bitcoin's trading volume is high and that fact alone will give a reason not to be unavailable for anyone. Scarcity must be the right word as bitcoin cannot be replenished, when we say shortage it is something that we consume like food or water that is having a flow, and with shortage it means there is something that interfere its flow unlike bitcoin.




Convince. Bitcoin was created for P2P transactions. Bitcoin's value is determined at the time of the transaction so it is just a value intermediary like ordinary currency.
Bitcoin's value is always on the move and is not guaranteed by a company or other financial institution. Bitcoin's flow is tight by blockchain technology, the amount of Bitcoin is also fixed.
1312  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you trust newbies that starts projects? on: October 19, 2020, 02:45:11 PM
Newbie accounts don't mean they are really newbie (and vice versa for legendaries). An account is just an account. The important thing is the man behind that account. I know there are newbie accounts (usually official project name), bought copper membership, and then created ANN or bounties. There are many reasons why they did it, probably because they want to manage the campaign by themselves and couldn't trust existing managers or don't want to pay their services. This kind of project is fine if you are lucky.

However, newbie accounts mean they don't have collateral (high ranked account is kind of like collateral), so it would be riskier to join this project. If you don't know how to determine whether the project is legit or not, better only join the project started by highly reputable members.
Sure, I noticed many good and bad bonus projects. Bounty managers get paid to run a project. They wouldn't risk their legendary accounts to manage such a project. Of course, they do for money but need to ensure safety.
I see on this forum that it is full of high ranking members but the quality of their posts is poor. It is important to consider the quality of a project before joining and the response of reputable people in the forum to decide whether to join or not.
1313  Other / Archival / Re: Potential shortage of bitcoins? on: October 19, 2020, 02:38:20 PM
A lack of bitcoin is impossible because bitcoin is broken down to 100,000,000 satoshi. There are always people buying and selling Bitcoin, bitcoin's value is determined by demand. If people want to own Bitcoins at a good enough price, those who have withdrawn bitcoins from the exchanges will automatically load them back in to sell them.
That is the law of the market, besides Bitcoin in spot transactions, we also have other Bitcoin derivatives.
1314  Alternate cryptocurrencies / Altcoin Discussion / Re: BNB Holders - What do you do with your BNB? on: October 19, 2020, 02:28:04 PM
I own BNB to serve IEO projects. Then I will sell them to ensure my profit. I trade BNB on derivatives like futures and margins more often than owning them in the long term.
Although Binance has many good policies to add value to BNB, honestly I only love Bitcoin.
1315  Alternate cryptocurrencies / Altcoin Discussion / Re: New Altcoins That Suddenly Make the Top 25 Marketcap List? on: October 18, 2020, 06:36:38 AM
It is no coincidence that some altcoins appear in high positions on the rankings. The higher position shows the values ​​and beliefs of everyone about the project. Sometimes the position of the altcoins is due to the UX error interface or the manipulation of whales.
If you look carefully, the new projects appearing in large-cap coinmarketcap are quality projects that were ICOed a long time ago. Their strategy is to trade them with a specific product so as not to devalue the project. I appreciate their smarts, at least that project avoided manipulation and the market went down.
1316  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Message to Bounty Managers and Participants on: October 18, 2020, 06:30:51 AM
Cheaters often use other people's profile information to register on the spreadsheet. Don't worry too much about what's going on, if you have any questions, ask the bounty operator. I've found that most bounty programs require a 'Proof of Authentication', which is hard to fake without being an account holder.
1317  Economy / Economics / Re: Money Supply Growth Has Never Been As High As It Is Today on: October 18, 2020, 06:19:41 AM
The more money they print, the harder it is to liquidate the entire money they've printed. The value of the US dollar will certainly decrease compared to other currencies. We need to accept our current economies and reform them in new ways even though it takes time, every time we print more money runs the risk of crumbling the economy.
Printing more money only makes the rich richer and the poorer. People are exploited when their money is in their wallets, printing more money just makes things more inflationary. There will come a day when the situation is irreversible and forced to convert to another currency.
1318  Bitcoin / Bitcoin Discussion / Re: what would happen on: October 16, 2020, 01:44:42 PM
No transaction fees, no confirmation. Bitcoin transactions have been charged since 2016 when bitcoin was more difficult to mine.
Technological innovation for bitcoin is a great idea but unlikely to happen in the short term because Bitcoin is currently being decided by two teams, Bitcoin Core and Bitcoin Minner. Miners will not accept the complete elimination of the fee mechanism to make bitcoin transact for free on another system.
1319  Economy / Economics / Re: Trump và ông chủ IMF muốn in thêm tiền on: October 16, 2020, 01:38:47 PM
Of course, in the current recession, it is difficult to revive the economy based on the internal strength of a country. Just print extra money to boost the entire system.
Printing more money made the US buy back most real estate and companies around the world. They will be more than happy to do that. It is clear that printing money is in their favor and they will do it.

Look at countries in Asia such as Thailand, Vietnam, China that have been touched by the hands of Americans and gradually bought their companies. The money-printing game will continue until Americans buy back the world.
1320  Alternate cryptocurrencies / Altcoin Discussion / Re: Why lots of people got scam easily on: October 15, 2020, 02:52:25 PM
A scam is made up of two components: the fraudster and the deceived person.
Over the years fraudulent practices have become more sophisticated and innovative. The scammers are also extremely diverse they can be either new or old in their marketplace that generally believes in rewards.
Therefore, it is flawed to say that the scammers are greedy, have no knowledge and have too much confidence in the scammers. We need to consider the objective reasoning of the fraudsters' progress.
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