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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple the next bitcoin? on: January 18, 2021, 05:29:00 AM
for now, ripple is still in a bad situation, a lot of people have suffered huge losses from ripple itself, including the investors themselves. But on a different note we can conclude that ripple still has ample opportunities for investment but of course in the short term. because it took a very long time to return to normal especially as before.

With no "centralized" exchanges, holders are SOL.  All the more reason for the expansion of DeFi exchanges.  The missing puzzle piece in the crypto movement.
2  Bitcoin / Bitcoin Discussion / Re: Craig Wright MIA on: January 18, 2021, 05:26:06 AM
Faketoshi, along with their shitcoin that is BSV, is slowly but surely going to total irrelevancy. Let's leave it at that. Wink

 Grin Grin Grin
3  Economy / Speculation / Who else wakes up every day asking if this is the day I'm taking some profits on: January 18, 2021, 05:17:03 AM
Sometimes is a defensive thought, sometimes its an offensive one.  I'd never sell it all, but converting some to another tangible asset has its merits.
4  Bitcoin / Bitcoin Discussion / Re: to see is to believe on: January 18, 2021, 05:10:56 AM
One of those moments in life when you regret that you didn't dig deeper when that little voice in your head said go check this out.  Better late than never!
5  Bitcoin / Bitcoin Discussion / Craig Wright MIA on: January 18, 2021, 05:06:32 AM
Where the heck has Craig Wright been hiding out these days??? Awfully quiet in the BSV camp.  And the Craig Wright/Satoshi Nakamoto/David Kleiman lawsuit is nowhere in sight.  Anybody have any info to share?
6  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple the next bitcoin? on: January 18, 2021, 05:01:28 AM
Ripple being the next bitcoin isn't gonna happen now or then. The bitcoin network is completely decentralized and that's the reason why Bitcoin stands high in the market. XRP being centralized, the community can keep the market in a stabilized manner. If they try hard, through manipulation can make the XRP market get bounced.

Exactly.  Unless a project is decentralized, it will always be controlled by someone in the shadows.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Stable coins are not actual fiat on: January 18, 2021, 04:58:48 AM
Stable coins are not same as the fiat currencies at all. USDT is an example, due to several reasons, the price of each usdt can be increased or decreased. For example, 2-3 years ago price was fallen to 0.8usd for each usdt. As far as I know, there is no chance for find an usd stable-coin which is guaranteed to to be always 1:1. The stability of the stable coins usually depends on the supply and demand and the amount of liquidity the team provided to back the price.

Leave crypto to FIAT and it opens up all kinds of KYC bunk.  But sometimes one must take some profits off the table.  Ride a coin up and find a safe haven as it drifts back down.  Buy back in and pocket some profit.  Using BTC as an example, most trust the protocol and there is a level of confidence.  But what do you get when you sell your BTC for USDT??? What is there to trust?

Its more than a little un-nerving.

8  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple the next bitcoin? on: January 18, 2021, 04:50:15 AM
When xrp has made a good profit after so many days it seems that xrp is a very good coin but when the owner of this xrp coin because of their wrong decision it is not possible to say whether xrp will pump now or not, J holds xrp in the bone. When xrp pumps again, but Zara holds, they can sell all the coins with their profit and then xrp will go back to its previous place. So I can say from my personal idea I don't think xrp will pump easily anymore.
In recent days XRP tokens are like running out of breath and many even say they will die if the problem with the SEC is not resolved, but if their problem can be resolved, then survival and life is still very possible, but to say the next Bitcoin, it is very ridiculous.

It should be a wake up call on how a US government agency wrekt so many XRP hodl'ers, in the interest of what?  Of who??

At some point, people need to walk away from FIAT and never look back.
9  Economy / Speculation / Re: Bitcoin hits $40k on: January 18, 2021, 04:45:32 AM
will bitcoin ever break the 4X K mark? doesnt really stay for long
Bitcoin is a store of value.  Think of it like a retirement account. There will be up days and down days.  Up weeks and down weeks.  It has been holding above $35k for a few days now.  It's fluid and scarce.  Over time, it WILL be worth more time.  Fiat will be worth less.  Choose wisely. Wink
10  Economy / Speculation / Re: Bitcoin hits $40k on: January 07, 2021, 10:06:35 PM
Friday PM - $50k
Saturday - Celebrate
Sunday - Celebrate
Monday AM $60k
11  Other / Beginners & Help / Re: Another sad story, 2.6 BTC lost. on: January 07, 2021, 09:55:20 PM
Offline backup is really necessary, it is the best way to recover back backup information, it is also the safest from online attackers, that is why it is just the best. Also, many people like stringent ways to backup informations like seed phrase, private key and passwords, which supposed not to be too stringent. Some will even look for their own means of encryption. Stringent ways of backup can lead to loss of such information.
Depending on the format you choose to store your credentials it could still be considered unsafe. Since, if you store it offline, but digitally there's mechnical failure of the hard drive, or there's a damage risk etc. If you store the credentials on a piece of paper, that piece of paper might get lost, or damaged. No matter what format you choose, there will always be some sort of risk to it.

The best policy is looking to reduce those risks as much as possible, and having several safety ropes if things go south. Of course, this takes additional effort, so you rarely see people taking the extra precautions.

Having your crypto storage and codes/words/backups in a safe is great.

Take the extra step and put them in a sealed plastic bag inside a fireproof bag inside that safe.
12  Bitcoin / Bitcoin Discussion / Re: Is trust Wallet and Bread Wallet are non-custodial wallet ? on: January 07, 2021, 09:51:23 PM
Trust wallet is a non-custodial wallet as well. I am using it for a while now and have been able to import my seed phrases to metamask. Trust wallet is usually being used for storing ERC20, ERC71 and BEP2 token for people who do airdrops and investing in an ICO or DeFi projects nowadays.

Just a sidenote, even if it claims to be a non-custodial, storing large amount of funds is still not recommended, it's better to use hardware wallet.

More info here:
[1] https://trustwallet.com/

Agreed.  Pity that Ledger has a great hardware wallet and lousy user database security.
13  Other / Beginners & Help / Re: Another sad story, 2.6 BTC lost. on: January 07, 2021, 09:39:35 PM
The downside of being your own banker.

Check, recheck, verify, backup, repeat.
14  Bitcoin / Bitcoin Discussion / Re: Good mobile wallet on: January 07, 2021, 09:35:19 PM
Whatever trusted wallet you may download to your android phone, regarding with the fees it is really high as of the moment. If you choose fix and small fees it may possibly stucked in the blockchain as the miners prioritize those who choose fast and higher fees.
While electrum is a good choice, I also use non custodial wallet to send it into my own local wallets. So far, I choose medium range of transactions with reasonable fees and my transactions so far is smooth.

RBF created this prioritizing of transactions by miners. Sad
15  Bitcoin / Bitcoin Discussion / Re: How much btc do you need to secure your future? on: January 07, 2021, 09:29:50 PM
less and less every day.
16  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Pizza... on: January 07, 2021, 09:27:48 PM
The pizza is long gone, but does anyone else wonder what the guy who accepted the 10,000 BTC ($380,700,000) did with them and does he have any left?  Wink Wink

No one knows if that seller or the guy who had accepted that 10k btc coins had kept those coins or basically forgotten those wallet keys that he had.
IF he had still access then expect that they had already bought their lambos and own houses and all of the things that they do want considering
on whats the current price of bitcoin at the moment but it would be much lesser if that guy had sell off this coins when bitcoin is still playing around
3k-10k price in the past.

I sometimes think about buying old computers at tag sales with the hope of finding a wallet.dat file on the drive.
17  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Pizza... on: January 07, 2021, 09:26:04 PM
I believe it was Pappa John's.  I'll just leave it at that...
18  Economy / Speculation / Re: Bitcoin BREAKS $20,000! - Binance on: January 07, 2021, 08:50:04 PM
Nicely done by the bitcoin community.
I am seeing that in no long time, bitcoin will definitely hit a $50k mark.

Friday would be real nice.  This way we can celebrate $60k on Monday morning. Cool
19  Bitcoin / Bitcoin Discussion / Bitcoin and Pizza... on: January 07, 2021, 08:41:08 PM
The pizza is long gone, but does anyone else wonder what the guy who accepted the 10,000 BTC ($380,700,000) did with them and does he have any left?  Wink Wink
20  Bitcoin / Bitcoin Discussion / Re: 7 Predictions for the "year of Bitcoin" (2021) on: January 07, 2021, 08:32:24 PM
Don't suppose you could post them here...
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