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May 29, 2022, 02:28:45 AM *
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181  Bitcoin / Bitcoin Discussion / Re: China bans mining is good for Bitcoin on: June 02, 2021, 05:02:40 AM

If the mining machines and computing power are in the hands of Bitcoin's HODL, it will be beneficial to the entire Bitcoin ecosystem. The Chinese government will eventually realize that Bitcoin cannot be banned, but the lost mining machines and computing power cannot be recovered.

What is unrecoverable computing power? The sale of equipment was in the minds of the miners. They only sell old equipment and make sure that new equipment with better mining performance, more energy-saving will be replaced.
That is also the reason the hash rate always increases over time. Chinese miners are very aware of their profits from mining and the Chinese government is just a liar. They have been quietly supporting miners for years so they will continue to do so. Prohibited statements are blindfolded.
182  Alternate cryptocurrencies / Altcoin Discussion / Re: Đa giác (MATIC) vs Ethereum on: June 02, 2021, 04:55:55 AM
It is hard to say that Matic will beat ethereum because Matic is a new token and needs times before it can do that.

MATIC is a kind of technology and it is based on Ethereum so it depends on Ethereum. The need to use MATIC is also the need to use Ethereum, so it will always be a follow-up, a shadow of Ethereum.
Comparing the value of MATIC to Ethereum is a false comparison.

https://decrypt.co/resources/what-is-polygon-matic-and-why-it-matters-for-ethereum
183  Economy / Economics / Re: Understanding a bear market. on: June 02, 2021, 03:39:03 AM
A bear market is a series of days in which price candles make a trend of decreasing highs until they can no longer fall. The bear market lasts slowly and sends traders into traps. They buy and cut losses continuously. I've been through a bear market and I know how it works.
One piece of advice for everyone is "the trends is friends" so don't try to fight the trend. Wait until everyone is out of the market and buy a lot. It was the beginning of wealth.
184  Alternate cryptocurrencies / Altcoin Discussion / Re: Market Analysis of Mina Protocol: Lightweight Privacy-based Blockchain Protocol on: June 01, 2021, 03:06:28 PM
The file structure is meant to be stacked so how can each block be 22k. In my understanding, over time this structure will make the blockchain heavier and heavier. Another problem is that this blockchain is so light, what will it be used for?
I prefer a blockchain of moderate size because it can ensure applicability and security.


I guess Op is referring to block size limit rather than a whole Blockchain.
I think a proper size should depend on participants producing their own Blocks, which would work great on multi-chain Network with custom Blockchains.

I corrected the typo. There's a blockchain that's custom-sized, that's Lamden. Read through this document to better understand how they work.

https://blog.lamden.io/high-performance-and-scalability-on-a-python-blockchain-47c0200c3ef6


Mina said that each block is always 22KB so how will the transactions being translated add data. Bitcoin per block is 1MB and it's still congested.
185  Economy / Economics / Re: Do you believe history repeat itself? Economic wise. on: June 01, 2021, 09:14:39 AM
The recession has been predicted since 2018 when it has been more than 10 years since the 2008 recession. The emergence of the Coronavirus has dragged down the world economy according to the scenario that everyone predicted for the 10th cycle. year. I think economic downturns are pretty predictable and we must be prepared so we don't get hit hard if they happen.
186  Bitcoin / Bitcoin Discussion / Re: Is the FUD starting to wear off? on: June 01, 2021, 09:10:31 AM
The biggest FUD I've experienced before was Bitcoin being banned by China in 2017 and recession in 2020. Twice has dragged Bitcoin down badly. This FUD is similar to 2017 so I don't worry too much. There have been dozens of bad news since Bitcoin launched, but Bitcoin continues to go up. Another thing is that the long-term crypto market participants are no longer afraid because they have gained experience.
187  Alternate cryptocurrencies / Altcoin Discussion / Re: Market Analysis of Mina Protocol: Lightweight Privacy-based Blockchain Protocol on: June 01, 2021, 09:05:22 AM
The file structure is meant to be stacked so how can each block be 22KB. In my understanding, over time this structure will make the blockchain heavier and heavier. Another problem is that this blockchain is so light, what will it be used for?
I prefer a blockchain of moderate size because it can ensure applicability and security.
188  Bitcoin / Bitcoin Discussion / Re: Singapore Police Say Crypto-Related Crimes Keep Rising across the Country on: May 31, 2021, 03:24:02 PM
Singapore is a country that allows startups to raise ICOs. Startup projects are high risk so it is normal for complaints to take place. Even countries in Southeast Asia have experienced crypto-related scams.
The tricks of criminals are to take advantage of people's greed and ignorance to entice investments into cryptocurrency projects. The money raised is usually crypto so it is not possible to recover the money the crimin
have scammed.
189  Alternate cryptocurrencies / Altcoin Discussion / Re: No one wants to talk about ATL on: May 31, 2021, 03:10:12 PM
They won't say anything until their bags are full. The market is always like that, when the market comes to life again they will say more. Those who believe in altcoins being shilled will actively buy and let those who bought at low prices pour in. About 20 days ago we saw a lot of discussion topics about DOGE, SHIBA and more.
190  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Alts is best for atleast 1 Year Hodl? on: May 31, 2021, 02:32:42 PM
I would like to introduce some cryptocurrencies that I know are CIFI and TAU.
CIFI is a blockchain game platform, NFT and NFT marketplace. This project has a market capitalization of about $500k. If investing $ 100 now, the estimated profit can be achieved from $ 500 or more in the future.
Lamden(TAU) is a high-speed, low-transaction-cost blockchain that allows smart contract deployment in the Python programming language. They built AMM, NFT and bridge to ETH, this year they will create decentralization of their blockchain by adding nodes. This project is basically fully functional and it has a market capitalization of about 20 million dollars. Still very low compared to Solana, Qtum, Avax, NEO...
191  Economy / Trading Discussion / Re: How to acquire data on exchange in-flows without Glassnode subscription? on: May 30, 2021, 04:49:07 AM
In addition to following the above websites, join telegram groups talking about cryptocurrencies with a large following. They are also good crypto-data places to track. Usually, they will aggregate everything in their channel. You can refer to many different channels for a variety of information.
192  Alternate cryptocurrencies / Altcoin Discussion / Re: Avoid using LATOKEN and Cointiger to buy any altcoins. on: May 30, 2021, 04:45:41 AM
I believe that the cost of maintaining an exchange is about the same so they have to work everything to survive. Forgive them for their work, the crypto market is harsh and doesn't always make good money. Low-volume exchanges have different ways of surviving and making money. The most common is money laundering transactions, with high withdrawal costs.

Some cryptocurrencies can only be purchased on small exchanges so some people will take risks for high profits.

If you don't like trading on small exchanges choose the big ones.
193  Alternate cryptocurrencies / Altcoin Discussion / Re: All the crypto industry is running by shills on: May 30, 2021, 04:40:48 AM
I think this is not necessarily true because good projects are still known by many people and serious and long-term investment if it is really good. We see that projects from 2017 to now are still developing well such as Synthetix, ChainLink. They also have bounty campaigns before ICO fundraising. Synthetix was quiet during the half bear market until it was really a strong project in the DEFI trend.

In addition to advertising through media channels, technological factors and the investment of large investment funds are also driving the cryptocurrency market up.
194  Economy / Economics / Re: Bitcoin As a Payment Method Against Other Payment Network on: May 30, 2021, 04:35:14 AM
The news is old but it reflects the fact that Bitcoin is already a means of payment in many countries, it is not as popular as other payment methods like Paypal, Visa...
The first person used Bitcoin to pay for his Pizza. This is the world's first Bitcoin acceptance case. So far many businesses accept Bitcoin payments around the world without our knowledge. It's been quiet, most recently Metromile (an American car insurance company for miles) has accepted insurance policies in Bitcoin.


https://www.forbes.com/advisor/car-insurance/metromile-bitcoin-payments/
195  Bitcoin / Bitcoin Discussion / Re: Bitcoin Not User Friendly Yet on: May 30, 2021, 04:29:36 AM
Bitcoin is the most modern currency and the quintessence of mankind at this time. Bitcoin combines technology and economics so there is more than one area of bitcoin knowledge to understand and use it.
Many people use money and do not understand money so it will be difficult for them to understand Bitcoin.

The problem with Bitcoin for use is that it is managed by individuals so no one bears the loss or loss but its owner.
Users need to be careful and secure when storing their Bitcoins.
Next is the unstable Bitcoin cost so it is not suitable for frequent transactions.
Apart from the above two, everything about Bitcoin is fine for me.
196  Economy / Trading Discussion / Re: Is Scalping even viable in Cryptocurrencies? on: May 28, 2021, 08:37:54 AM
The cryptocurrency market is highly volatile so Scalp trading is completely applicable. You can participate in bottom fishing when the market crashes because they happen very quickly and the profits are very good. The strong volatility of the market requires you to have constant observation and place limit orders to take profits, cut losses reasonably to avoid the risk of loss in trading.
197  Bitcoin / Bitcoin Discussion / Re: Bitcoin & increasing government pressure & power outages on: May 28, 2021, 08:23:51 AM
Cutting electricity for Bitcoin mining plants is advisable in IRAN because the electricity consumption demand of these national operations is high in the summer. The government must prioritize electricity for things that are more important than Bitcoin mining.
Banning bitcoin mining plants is essential for the truth as even China is concerned about the lack of electric power. In summer, the water level of hydroelectric plants is low and not enough for the operation of power plants. In addition to exploiting electric energy, hydroelectric dams also have the use of irrigation dams.
198  Economy / Economics / Re: Why own stock if You can own the stocks of the Federal reserve on: May 28, 2021, 08:13:43 AM
Investing in stocks can bring double profits as investors receive dividends every year and increase the holding shares. The return is better than holding the shares of the Federal Reserve. Personally, I think what you are referring to is just a type of government bond.
I like to take risks and I can also make money faster through derivatives trading on the stock market.
199  Economy / Speculation / Re: From trader become holder because the market is crashing on: May 27, 2021, 05:00:01 PM
The market crash was predicted when the bad news hit, in part because Bitcoin has been hot for months.
Many people quickly exited the market before Bitcoin crashed. Some people got rich because they successfully caught the bottom. With a little observance, we can avoid unnecessary crashes from the market. Trading with a plan and placing a stop loss is the way to survive in the harsh crypto market.
200  Other / Politics & Society / Re: Will Trump be indicted ? on: May 27, 2021, 04:47:54 PM
I think Trump will be safe because indicting him would be a bad precedent and that could stir up political life across the country. The former presidents of the United States will be blamed.
What I don't like about Trump is that he has passively responded to COVID-19 and let the consequences be severe. Trump's tweets after running for paper sent a wave of contradictions among Americans. It's incitement to division, which I consider bad.
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