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May 01, 2024, 08:32:44 AM *
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1  Economy / Trading Discussion / Re: Small general trading place? [I wouldn’t know as I’m fairly new to this] on: April 28, 2024, 01:03:48 PM
High withdrawal fees will make it difficult to buy Bitcoin or Ethereum with $1, but some altcoins have low buying limits, such as XRP LTC MATIC, where you can buy them with a minimum of $3 or a little less.
The following list is useful  https://bitcointalk.org/index.php?topic=5218464.0
2  Bitcoin / Bitcoin Discussion / Re: Miners revenues drop to the lowest in years as Runes fomo fades away on: April 28, 2024, 12:39:43 PM
Mining is still decentralized and you can mine with low electricity and make profits. If miners stay away from mining pools that may have anti-privacy policies, such as those pools that block some addresses, then everyone will be safe.
No one knows what will happen in the future, but if more institutional investors join Bitcoin, they may manage private mining farms, and with the presence of hundreds of these farms, we will ensure decentralization, or that 5 mining pools do not control more than 70% of the hashrate.
If there is no change, I do not think that the mining pools will do anything that harms decentralization, but they may restrict the freedom of individuals to respond to government lists.
3  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum has been stuck around $3200 for quite some time on: April 28, 2024, 12:24:03 PM
I think we have reached the break-even stage, where there is no positive news that pushes the price up, such as Ethereum ETF, low fees, a new update, and there is no news that pushes the price down, with the price of Bitcoin remaining stable. All of these reasons will make the rate of change in the price of Ethereum limited and the movements between 2900 to 3500.
4  Economy / Economics / Re: Let's be honest this one need attention the money and economy on: April 27, 2024, 02:29:00 PM
What scares me is that if Trump back to the presidency and tries to interfere in the independence of the Fed and make decisions in line with the government, then markets around the world will begin to deal with caution with the US dollar, since the Fed has begun to print money according to what the US market needs, without taking into account the impact of these decisions on global markets. Losing trust is more dangerous than offering new loans or printing money.
5  Other / Beginners & Help / Re: Buy Bitcoin and Sell Junkcoins on: April 27, 2024, 02:08:18 PM
US trend against privacy and the strong campaign against privacy wallets or mixiers, and no one knows what the end of the year will be like if all this activity in the first four months will make privacy an attractive thing, at least in the long term, buying XMR may not be a bad option, at least in the long term. I will buy litecoin for a small amount to use when bitcoin fees are high.
I will buy Ethereum if the Ethereum ETF is approved.

Thus, a better return than investing in Bitcoin alone, and I took into account some cases in which Bitcoin alone may not be the best option.
6  Bitcoin / Bitcoin Discussion / Re: Bitcoin As Legal Tender? on: April 27, 2024, 01:45:17 PM
Allowing the use of bitcoin in a certain country does not mean that bitcoin is legal nor does it mean that bitcoin is illegal. Most countries in the world have allowed their citizens to use bitcoin

No, Legal tender means that the currency is legal, and in addition to being legal, dealing with it is binding, meaning that service providers must provide a method of payment using it and not refuse to accept it. If Bitcoin is announced as Legal tender in a country, it will be like the local currency in terms of acceptance and whoever refuses to accept it without a convincing reason may get himself into legal trouble.

What does this mean for the system?

It is necessary to modify the method of issuing invoices in all government institutions and add the option of paying in Bitcoin.


If say all the countries in the world did this? Could BTC be more controlled and centralized?
Scalability will be the problem. I do not think that the current Bitcoin network is able to handle daily transactions for all countries of the world with reasonable fees.
7  Bitcoin / Bitcoin Discussion / Re: Why you should only hold Bitcoin on: April 27, 2024, 01:36:12 PM
The market capitalization is manipulated as some platforms report false trading volumes to make the platform appear larger or have more liquidity, but the real investments and real market capacities for most altcoins are less than 10% of what is reported in the CMC.
The best investors will remember the names of 100 cryptocurrencies, and those who can invest may invest in 30, but most of the remaining cryptocurrencies have no future, an independent wallet, plans for future development, or an active developer team github show that most of them are not developed on a monthly basis.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: How it is possible to get MC in millions ? on: April 27, 2024, 01:05:57 PM
That's the meaning of hype. There's no actual basis on how a meme coins gets millions in market cap with just a few span period of time. I have been seeing no marketing involved but with just pure push through whales buying and contributing to those meme coins makes the other spotter of meme coins buy them. And that's why the domino impact is there and those developers really knows what they do but they don't stick to those memes forever because they're all ready to take cash.
It works every time and brings them profits, so they have become lazy, as memcoins do not need a good white paper,  roadmap, known developer team, or any additional expenses that make their profits less, it is a token launch, he whales pumps millions into it, a few tweets and by the end of the day the liquidity is withdrawn.
9  Economy / Service Announcements / Re: ShapeBTC.com - unlimited cryptocurrency exchanger on: April 26, 2024, 04:22:30 PM
The minimum limit for USDT BTC exchange is about $9,500, which is great for anyone who wants to use instant exchange, so reducing this percentage would be good. The service has been running since 2020 and there are few reviews for it, so spending more on promotional campaigns would be appropriate.
10  Economy / Trading Discussion / Re: If all your wages were paid in USDT, would you accept it? on: April 26, 2024, 03:38:39 PM
USDT is a temporary solution for those who want to obtain a stable currency and do not want to convert to the dollar, or for those who want to trade without having to return to the bank account, but this does not mean that the USDT has the same value as the dollar or that it is used for long-term investing.
11  Other / Beginners & Help / Re: Your favourite exchange can be nowhere to be found on: April 26, 2024, 03:12:08 PM
mempool or withdrawal fees are not the main reason for using these services. FTX was offering zero withdrawal fees for a long time, but many people left their money on the platforms either because they do a lot of trading and do not want to miss the opportunity, or because those companies promised them high profits from their investments, just as is happening with Binance Launchpool Tokens.
12  Economy / Service Discussion / Re: UTXOs and Bitcointalks's Signature Campaigns on: April 26, 2024, 03:00:08 PM
If it is difficult to use Bitcoin on a weekly basis, it is better to stop promoting Bitcoin as a cryptocurrency. The fees are currently high, but there will come times when you can broadcast your transaction for less than 10 sat/vByte and then it will be possible to accumulate all UTXOs into larger future inputs.
13  Bitcoin / Bitcoin Discussion / Re: The chink in the armor: traces of centralization on: April 26, 2024, 02:46:53 PM
How can this problem be solved if governments decide that they do not want centralization? In the end, developers are individuals and have families and do not want to confront the government.
Mining pools can be moved outside the United States, but it is still possible to establish a legislative framework between several countries and it is easy to know where mining is located.
Using a full node may be a solution but the developers are still known and you must use a central site to download the software, synchronization is slow and not everyone may be able to manage a full node.
14  Bitcoin / Legal / Re: Is Uncle Gary leaving the SEC? on: April 26, 2024, 02:07:07 PM
If you ask me, the speech he gave was more of an appreciation than resignation and it looked that way because many of us just want to see Gary Gensler out of office due to his high-handedness where bitcoin is concerned.
I do not think that if he resigns or someone replaces him, it will change much. Faces change, but changing policies takes a lot of time. These policies are not welcoming to Bitcoin in general, so we may need a lot of time before we see a change in SEC policies.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: How it is possible to get MC in millions ? on: April 26, 2024, 01:12:49 PM
They did not gain that market value. The money was there and was used to pump the price until it attracted more hot money, and when they achieved their goal and obtained profits, everything was withdrawn.
The disappearance of activity due to the lack of sufficient funding to continue advertising campaigns, those campaigns that aim to make you feel that the project may be valuable, but you have been deceived into investing.
16  Alternate cryptocurrencies / Speculation (Altcoins) / Re: altcoin season on: April 25, 2024, 02:17:20 PM
It is difficult to predict the maximum peak that Bitcoin will reach despite all the historical data, let alone trying to predict altcoin without historical data and low market capacity. What is the evidence that confirms that the token is like $TAO Target: 20x minimum, and why is it not?
30x minimum or 10x minimum, and what makes the $DYM token Target: 10x to 12x and not Target: 20x to 12x, these are emotions and the market does not know emotions.
17  Bitcoin / Bitcoin Discussion / Re: Seems Roger ver's narrative of Bitcoin isn't same with most of ours. on: April 25, 2024, 02:08:13 PM
I thought Roger Ver would stop talking about Bitcoin and move on to promoting Bitcoin Cash.
Bitcoin is still a source of liberating people from the restrictions of central financial systems, and Amazon’s lack of acceptance of it does not mean that it is centralized, and the demand for Bitcoin is increasing day after day, to the point that you can now pay with it indirectly for most current services. The argument would be stronger if you said that because of high fees or slow confirmation times, Bitcoin adoption will slow or it will be difficult to use it to make payments.
18  Bitcoin / Legal / Re: Is Uncle Gary leaving the SEC? on: April 25, 2024, 01:57:03 PM
Does anyone know how decisions are made in the SEC and whether the duties of the SECGov Chair are able to bring about changes in the way it works, or is it an institution and changing the chair may not change many trends in the institution?
Despite the bad reputation that Gary Gensler acquired and that the SEC tracked most (if not all) cryptocurrency exchanges, during his period the bitcoin ETF was approved, and it was his vote that made the difference.
19  Economy / Exchanges / Re: Binance founder should be jailed for 36 months, US prosecutors say on: April 25, 2024, 01:41:36 PM
I know that he is guilty and it's probably good that he at least spends 3 years in jail but I don't understand why is his coin BNB rising? BNB is very bullish, went from 200 to 600 in very quickly. There is a news announced that he will face jail and BNB doesn't fall. It's also announced that it has recently been suid in Canada for securities law violations and Philippines SEC orders Apple and Google to remove Binance from their stores. BNB rises again, what the hell is Binance doing with it? I think Changpeng Zhao should spend more time in jail because he was always manipulating BNB.
Changpeng Zhao is no longer the CEO of Binance, he is the founder and in theory he cannot control Binance, so BNB will not react negatively to this CZ news. The reason for the growth of BNB price is Binance Launchpool Tokens, which are bought and staking with high APY in the hope of making a good profit. But all they do is pumping BNB, which distribute back to Launchpool investors.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Big HBAR news - how high can it go this bull run? on: April 25, 2024, 01:15:58 PM
If you are an altcoin investor like Hbar and the price rises by 50%, it is an ideal opportunity to sell. Sell now
Greed, greed, and trying to believe that you will get a 20x return is what will make you unable to sell even if you achieve that rise.


There are now doubts that this Hbar news was legit. 
If it is fake news then that is rather scary how some fake news can pump a crypto over 100% in 24 hours.
Fake news and an investment of 20% of the market capacity is enough to do that.
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