Now that Bitcoin has fallen in price why are we not seeing buy ups. If investors were buying it should push the price back up, but instead it continues to fall. This tells me that investors are no longer buying which is kinda worrying.
CRYPTO just lost $1 Trillion US Dollars, where in the fucking hell is new money going to come from to RAISE the ponzi ship? The boat has sunk, and no new money will be found, and nobody is going to wade back into the shark infested waters of cRYPto, hell even banks will no longers let retards buy btc with credit-cards. All parabolic-rises end this way in human history. Do you think this fall is peculiar to crypto, therefore it's a ponzi? And what about the stocks then, have you seen how much they are dipping ? There are general economic difficulties now, it's not an issue with crypto specifically. I can think of one possible reason for this: a war is expected between Russia/China vs USA , and in wartime many investors pull out. They used to buy gold in these cases, but i think that trend is no more. BITCOIN is just software, the people who talk 'HODL' and pump btc post 2014 are the ponzi orchestrators, originally btc was just a test for crypto, but along the way assholes ( traders ) saw a way to make a quick-buck, "Turn shit into Gold" All SCAMS end this way, why do you think this scam has an infinite horizon? Hell regulation is coming the scammers ( cockroaches ), will dissapear, for they fear JAIL. What is a bank account? Just a software and a database. You money is just a number in that database, which is not under your control. It's like you gave them all your money, and once in a while you can ask them to give you part of the money (withdrawal at the ATM, transaction with debit card etc. ). But , since they physically have your money, there is no guarantee you will see it again. They can block/steal your funds if you don't obey the orders of the tyrant gov, no matter if they are wrong. What is the value of a bank account , since it has unattractive conditions like that? At least BTC is money in your hands, not theirs. Like banknotes , from that POV, but more convenient in terms of space encumbrance. Regulation? Just anonymize your coins, and you don't have to pay taxes for the money you don't have, as far as they know. |
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Now that Bitcoin has fallen in price why are we not seeing buy ups. If investors were buying it should push the price back up, but instead it continues to fall. This tells me that investors are no longer buying which is kinda worrying.
CRYPTO just lost $1 Trillion US Dollars, where in the fucking hell is new money going to come from to RAISE the ponzi ship? The boat has sunk, and no new money will be found, and nobody is going to wade back into the shark infested waters of cRYPto, hell even banks will no longers let retards buy btc with credit-cards. All parabolic-rises end this way in human history. Do you think this fall is peculiar to crypto, therefore it's a ponzi? And what about the stocks then, have you seen how much they are dipping ? There are general economic difficulties now, it's not an issue with crypto specifically. I can think of one possible reason for this: a war is expected between Russia/China vs USA , and in wartime many investors pull out. They used to buy gold in these cases, but i think that trend is no more. |
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Whatever you do, just go for offline storage or using hardware wallets like Ledger/Trezor, although they don't have all the functions other BTC wallets have (for instance, you can't sign a message from their new Ledger Live software). I would never upload my BTC-related files anywhere on the internet, especially the seed or private keys... and especially on cloud servers. Although you encrypt them, you never know how your password can become accessed. I think burying it outside your home would be many times safer than that.  I don't think a cop would stop you for finding some characters/words on a paper. However, we have examples like Australia (I might have mentioned the wrong country here) which could require you to give your passwords to them, and that may also include your private keys/seed. Now I'm not sure if this has ever happened to a cryptocurrency holder, but I wouldn't risk it. Anyways, offine storage is the best so I have never (and never will) agreed to the "cloud" and "blockchain storage" part of your second solution. EDIT: My only fear about paper wallets is the fact that they are not waterproof, fireproof, shockproof etc. For this we have people writing their keys or seeds on metal which protects them from almost anything. The best solution to protect your BTC is the one that's the farthest from anyone else but you. Legit. But, assuming that the password is long and random enough, i would not be that worried about crackers. After all , many investigative journalists , hackers, free-speech supporters, intelligence agents use TOR or PGP to communicate, so their lives (not just money) rely on encryption. And their messages are not likely to be deciphered even though they can be logged all the time. AFAIK it never happened that a PGP message or SSL session got cracked. |
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Suppose you are keeping your paper wallet at home, even in a safe box.
A thief or a cop, sneaking into your house may force you to open the box, or if you just hid the paper somewhere, someone may find it.
And the paper has clear data in it : a non-encrypted BIP seed.
It would be better to write an AES-encrypted seed in it, keeping the password in your mind.
But it's very inconvenient to write such a long and random sequence, let alone decrypting it, which requires to re-write it by hand on your computer before decrypting it.
Solution 1: scan the paper with some kind of OCR app on your phone, or PC app + webcam,
then decypher it on the PC with some software or HTML/javascript page run from local ( disable the network interface first ).
Are there apps/programs or javascript pages able to do this?
But this procedure is still not very straightforward
Solution 2: write your seed in a .txt file, then make an encrypted .7z file with 7Zip. Replicate this file on multiple storage drives, cloud drives, file storage blockchains like SIA or Filecoin.
Maybe hide a few USB thumb drives with that file in it, at different places even outside your house.
Shield the USB drives to not be affected by humidity.
I prefer the solution 2 as it also avoids another potential problem with paper wallets (encrypted or not); suppose you relocate or, in general, you're on a trip for other reasons.
If you relocate, you need to take your paper wallet with you. If you are on a trip for other reasons, maybe, if you are going to make a transaction for a purchase
or a coin trade OTC.
During your trip, suppose a cop stops you for a security check ( in Europe, they do that all the time even to pedestrians ).
The cop may find your paper and start asking questions about that strange encoded message.
What do you think? Any security considerations?
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BTC Unlimited Cash edition is "neutral" about the ABC/SV fork, meaning that the wallet supports both chains, AFAIU from the site https://www.bitcoinunlimited.info/downloadBitcoin Cash (BCH) Release Candidate
Download the latest Bitcoin Unlimited Cash release candidate. (1.5.1.0, Nov 23, 2018)
(This software implements both the ABC and BSV Nov 15, 2018 protocol upgrades. For the activation of such features and BIP135 miner voting scheme see BIP 135 voting guide):
As a wallet user (not miner), i would like to know which of the two chains i am in, by default without changing any settings: ABC or SV ? |
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...
But if we're talking about off-chain tx/s, then in theory it's unlimited (ignoring on-chain transaction to open and close channel)
I'd like to add two small things: - Lightning is having more than 300 Bitcoins in it's channels, so just to give an imagination, what can happen in volume and size off-chain.
- And then there is already the first sidechain ("Liquid"), another on/off chain layer (requires a in and out transaction on the blockchain), which allows for additional transactions outside of the bitcoin main blockchain.
So scaling bitcoin isn't a point of discussion anymore (only for those people, who want to make sure, that the coffee they paid for a dollar is forever visible in a blockchain - for tose people it is better to use bitcoin unlimited, abc or cash chains). Are you sure? Check this out https://bitcoinfees.info/Current Bitcoin transaction fees (in dollars per transaction)
Next Block Fee: fee to have your transaction mined on the next block (10 minutes). $0.36
3 Blocks Fee: fee to have your transaction mined within three blocks (30 minutes). $0.34
6 Blocks Fee: fee to have your transaction mined within six blocks (1 hour). $0.13
If the avg fees are almost 0.40$ now that the tx volume is very low, imagine what can it be if we get back to the same situation as last winter. Segwit or not, that is what i read from the stats on that site p.s. maybe you were talking about off-chain only, while the linked site only takes into account on-chain. But are offchain transactions easy to use for non tech savvies ? Is that solution already implemented? And if so, post a link thanks |
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The main problem with transaction fees used to be that they can skyrocket when the volume of transactions got serious.
We had a taste of this in winter 2017/2018, the fees got too expensive because the miners could not process all of those transactions fast enough, so they gave the priority to the ones paying a high fee.
What happens now, a year later, if the transaction requests get overwhelming like in the 2017 ?
Can we handle the transactions faster now , so that the fees would be cheaper as well?
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According to this article the real market bears or bulls are the exchange operators themselves and not the regular users: https://masterthecrypto.com/exchanges-manipulation-cryptocurrency-market/I am not a trading expert and honestly i haven't understood very well what's written in that article. But i would be grateful if someone can explain this key phrase, or if it is too long to explain, just link me some 101 primer about the topic: The current market seems to be largely driven not by organic buying and selling, but by exchange driven manipulation of the spot market to exploit the current dynamics of leverage trading. We just saw it again now as exchanges liquidated 3K long positions but you can see this pattern of clear manipulation over and over in the last few weeks  Also do you think that these problems can be solved if all the people move to highly decentralized exchanges like Bisq ? |
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hi guys,
what happened to this coin ?
I have noticed that UNB deposits are disabled on Bittrex
Is this a scam?
How did they scam the people?
p.s. ok i've briefly read the posts above, that is enough.
I'm going to sell these useless coins then
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Probably is recovering, but slowly, and it depends mostly on how stock markets will perform, as there seems to be a link between crypto and stocks ( indeed crypto crashed when stocks were red ).
What i am doing is: i've just done a small crypto purchase now, not big purchase, in that the price may dip even more.
Then i will do another small purchase if the price drops by another 10% , and so on..
That is a method of buying coins at the lowest price possible when the market is red, but you are not sure whether the downtrend is about to finish or to get worse.
If you make a big purchase now, then you will regret if the next week the price drops by, say, -20%, in that you would have the opportunity to buy coins at a much lower price but you missed that.
That's why in these cases i buy only some of the coins i can afford, not all of them at once.
Then sooner or later the market will get in a bull run, and profit will come since you bought at a low price.
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I think it is not a coincidence that in the same days the stock market was red, the crypto market got red as well. There is a link IMO , so there is not reason to think crypto is worthless, or that it is less worth than stocks.I mean, it is not true that crypto crashed alone, while the rest of the world was happy. When the crypto crashed, usually other markets crashed as well, like in the last downtrend. Also, remember that the long-term profit that crypto gave us would not be possible with stocks. Now what should we do? I think that as the stock market begins recovering, crypto will follow. But it may be a slow process, i.e. we lost 15% in 2 days, but now it can take weeks or even months to go back to the previous situation or even better. This is because stocks are not going to recover fast: https://www.marketwatch.com/story/cnbcs-jim-cramer-says-stock-market-is-in-a-very-serious-correction-and-theres-nowhere-to-hide-2018-11-12 |
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Hi guys,i just wanna knows that why the transaction fee for bitcoins is increasing everyday.Some days before i send bitcoin to a trader the fee was 0.0005btc but yesterday i repeat the same transaction same amount then the fee was 0.0006 btc. Please correct me if i am posted in wrong section. Based on my experience. the transaction fee for bitcoin is depend how much money you will send. There has a site that have a matrix of transaction to follow. Even though we do not like it we have no choice but to follow it. Well think there has a reason behind it they have a basis calculation of it before they implement that kind of transaction fee. No, AFAIK it does NOT depend on the amount you are paying. It's not like Western Union. It depends on - the size, in bytes, of the transaction, and that in turn depends on how many inputs you are using, i.e. whether your funds are coming from only one of your addresses or more than one, makes a difference on the size of the transaction in bytes, and hence on the fee - how congested the network is. If too many people are sending transactions, miners may not be able to serve everybody in short time, so they will give priority to the ones paying a high fee, then they serve the others Now, about the second point i thought that the dev team made some improvements this year in order to reduce congestion, but i haven't checked if those improvements actually work. We'll see |
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2018 is the year of correction for crypto after last year's bull run  keep patience Just dropped -10% in a matter of hours ! And -13.4% in the last 24h But the tough guys in these cases buy some coins to take advantage of the lower price. Real men never panic  |
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Is this project dead ?
I requested the Email Whitelist for the PRE-ICO at the end of September.
The PRE-ICO starts in November according to the official site, so it should be already started now.
But i haven't received any email by them about the PREICO.
And they seem not to be active in general
YASI (yet another scam ico )
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I come to write here to avoid censorship.
I noticed that you announce divide by 100,000 the ETNX in OCTOBER. So concretely I buy 1,000,000 ETNX and 2 months later you will leave me 1 ETNX.
It's like buying 100 Bitcoin and 2 months later you leave me 0.000001 BTC.
And you tell me it's okay, look now you have 0.000001 BTC and also 100 BitcoinDiamond thanks to the fork.
While knowing that your exchange in ETNXP is not the same part and does not have the same goal, neither the same value, nor the same utility.
I realize the scam is getting ready because 1 ETNX won't have the same value as 1,000,000 ETNX currently and ETNXP doesn't even have any value. and then we don't give a shit about ETNXP video games.
5 litoshi X 1,000,000 = 0.5000000 ETNX
5 litoshi X 1 = 0.00000100 ETNX
While knowing that ETNXP does not have the same function it is for video games. That's not what I want to invest in.
I'm shocked by the censorship you showed on DISCORD you banished me without any somation I posted in 3 category, live support, minnig and wall because I wanted to know people's opinion and create discussion, it's the principle of a social network.
Your attitude is deplorable I regret having trusted you, your scam is clearly established, you steal people who invest in a defined utility.
If that's how you intend to advance the search for the blockchain then I'm laughing my ass off.
Shame on you!
RUN AWAY FROM THIS SCAM That's a very bold statement, my friend. You actually have the nerve to call this coin a scam? While I don't believe you, I do think that you should produce some concrete evidence if you can. Well, can you? Has the the scam described above happened already ? For what date is this "division" scheduled? 12 DAYS 23 HOURS 00 MINUTES 17 SC
Ok more than 12 days have passed now. Any updates about this scam ? |
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@QuestionAuthority You're right about cryptography and other tech stuff being useful for us.
But about Bitcoin, i feel it's something controlled by the gov, in that they they can:
- plug it off whenever they want, for the reasons i outlined at the end of my first post
- control its price via centralized exchanges like Bitstamp, Coinbase, etc. That's one of the things Natalya Kaspersky said
So i don't see BTC as a tool for monetary freedom anymore, as i used to do.
BTC is not value that is fully in our hands like gold/silver are.
It may be fun and useful for speculators and the many crypto-based applications that are coming out, for sure.
But it is not as "rebellious" against the monetary sovereignty as i thought it to be.
You do know that bitcoin is open source, right? Not just the wallet software but also the protocol that controls the network. Correct. Being open source lets the project be taken over by another team eventually. But still, we don't have a solution for the ban on the bootstrap nodes. Anyway, if the Cashless Society nightmare comes true one day, i certainly would not keep all my savings in crypto, but i would differentiate : 40% crypto, 40% gold & silver , 20% something else ( valuable goods or other things i don't know yet ). When there is some degree of uncertainty on something, like the future of crypto , i think the best solution is to differentiate. And precious metals , like it or not, are always one of the most popular options for the "preppers". |
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I would be lying if I say decentralized exchanges are above attack from fraudsters and criminals. No infact it can be hit by them but unlike centralized exchanges that is own by company's that are mostly after making profit you tend to have some sort of personal security you would be in possession of your private keys and other identities.
Decentralized exchanges cannot be attacked as they technically do not hold your assets, for security of course always plug in to metamask when trading. And avoid unverified links. Every company is profit oriented (that's not a bad thing) they just have to deliver good service. The recent tangle between Etherdelta's founder and the SEC has brought to light evidence where he is alleged to have given bribes at some point Are you sure about that? AFAIK , when you deposit funds, you send them to a wallet run on a special node called a Gateway. So the user funds are still held on a few central servers. At least that's what i understood about Bitshares and Cryptobridge. I don't know how other DEXes can do differently |
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@QuestionAuthority You're right about cryptography and other tech stuff being useful for us.
But about Bitcoin, i feel it's something controlled by the gov, in that they they can:
- plug it off whenever they want, for the reasons i outlined at the end of my first post
- control its price via centralized exchanges like Bitstamp, Coinbase, etc. That's one of the things Natalya Kaspersky said
So i don't see BTC as a tool for monetary freedom anymore, as i used to do.
BTC is not value that is fully in our hands like gold/silver are.
It may be fun and useful for speculators and the many crypto-based applications that are coming out, for sure.
But it is not as "rebellious" against the monetary sovereignty as i thought it to be.
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hi there
I wonder why should governments allow bitcoin to continue growing?
after all, they want to have control over the money that we are using
I think and I believe that governments has no capacity to shut down bitcoin and blockchain technology and if its has that capability it could have done that long time ago. Did you think governments will live things that there know will bring freedom to the society and common man? I don't think so. Governments will ever be against bitcoin and other coins and that is why they are promoting bad and false news about bitcoin and other cryptocurrencies. I don't think government can do much again bitcoin than it has already done! What you say is not necessary to take down bitcoin. They need just to block the bootstrap node IPs to which the wallet connects to at boot time, and voilą, all the wallets in the country don't work anymore. Or they can threaten the BTC core dev team, making them remove the software from github and the official download sites |
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