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221  Other / Beginners & Help / Re: Greed could destroy your life. How ? Take a look here ! on: October 06, 2019, 01:56:08 PM
For me a person who has a balance of BTC100 is not an ordinary person in crypto because the way he gets it requires the skills and knowledge of crypto

No it doesn't, it just requires to have found out about bitcoin in ~2013 or earlier. I started in 2014 and I still remember sending 100+ BTC in a single transaction from blockchain.info wallet, no 2FA or anything back in the day. So even if this particular story is not true - the 100 BTC part is not unusual at all.
222  Economy / Speculation / Re: bottom bottom bottom bottom bottom bottom bottom bottom bottom bottom bottom on: October 06, 2019, 12:05:28 AM
What is exactly your point? are you thinking that cryptocurrency can easily be manipulated? even if you post something like that it will not gain the most attention and most people would just notice you're just saying FUD in the market, I don't count on that kind of strategy and it is just wishful thinking on your side,

Lighten up and read the OP. The chart seems to imply that using the word "bottom" means some sort of market sentiment, not me.
223  Economy / Speculation / bottom bottom bottom bottom bottom bottom bottom bottom bottom bottom bottom on: October 05, 2019, 03:39:56 PM
So how does this work exactly? If I post bottom bottom bottom bottom bottom - does this make the bottom come sooner? Or does it have to be in the thread title?

I always wanted to be a whale and manipulate the markets, this might be my dream coming true.
224  Alternate cryptocurrencies / Altcoin Discussion / Re: Sell your altcoins and tokens TODAY, save yourself the frustration on: October 05, 2019, 02:50:04 PM
I have lots of shitcoins that never get listed on exchanges but also have some that are on exchanges but with very low price, so i have no choice but to hold until the bullrun comes because i believe even shitcoins in bullrun gets pump.

Those who have already bought shitcoins do not have a choice but to hold.

What frustration are you talking about? those who buy at all time high will have no choice but to hold

We do have a choice, that's what this thread is about. Choose to accept that altcoins and tokens are almost all garbage, and that holding them is a loser's game. Choose to sell it now and if you're still willing to gamble in a year or two... you can buy them back at half the price.

Maybe a picture will help to understand this better. This is what you're betting on by holding altcoins:

chart


And if you take liquidity into account it's actually much worse.

There is no point in selling altcoins when their value went down over 95 percent and we could do nothin about it but hope for the best and pray for the next alt season to come! Well, I can say its totally normal to have frustrations but I guess most of the crypto community  believe on these two famous expressions that says "hope springs eternal" and "it aint over till it over!"  Smiley

It's better to get 5% out of it than 4% or 2% or 0. There isn't going to be "alt season" for all current garbage that's out there. Some alts may rise but you don't know which. Likely some new promising tech that may not even exist today. The only known fact is that BTC will still be there.

is this despair? this is bad for someone who might have been in the crypto market for a long time and has already benefited a lot from crypto. if you are new to this market, of course, you will be frustrated waiting for the moment that your assets have returned your capital.
but for a pro trader and investor, they will not give up and take advantage of every small opportunity in the market. those who study can get greater opportunities.

Are you talking about me? I'm not in despair. I sold my altcoins about halfway down that chart. Should have done it sooner but I'm not complaining. That was my opportunity and I took it and I'm now in a far better position than if I was holding.
225  Alternate cryptocurrencies / Altcoin Discussion / Re: Fee-less cryptocurrencies...Are they the future? on: October 05, 2019, 03:25:49 AM
Fees aren't really a huge problem unless network congestion comes in to play.

But with BTC or ETH you can at least get the TX through even when the network is congested if you pay a larger fee. In a way it's self-regulated. I'm not familiar with fee-less coins but I would imagine their network capacity is not unlimited so how would they deal with congestion, with dust spam?
226  Alternate cryptocurrencies / Altcoin Discussion / Re: Sell your altcoins and tokens TODAY, save yourself the frustration on: October 05, 2019, 01:20:51 AM
That's a pretty bold statement,telling people to just give up right away during a bear market, like this is the end  Roll Eyes

I'm not saying this is the end of everything. Bitcoin is doing fine. It's 1000%+ up from just 3 years ago. Some altcoins are up significantly too, altho not as much relative to Bitcoin. However it's the end of careless shitcoining when people were pouring their "free profits" from let's say Ethereum obtained at $0.70 into every ERC20 token. The end of easy money. Time to think about taking the profit.

If it wasn't for altcoins their wouldn't be much competition, which is ultimately needed to drive the fundamental spirit of innovation within the community. Competitiveness has helped the sector to grow by keeping startups companies, dreamers, and innovators fresh on there toes. Not every project is a clone/shit coin, but I will admit, there is a fairly large amount of them. A lot of ideas float around here and there and get picked up and rehashed into newer ideas.

There are maybe 10-20 really innovative coins. Most of the other stuff is just copy paste or poorly implemented nonsense that shouldn't even be on the blockchain. And none of that has anything to with what I'm suggesting. I'm saying - kick your gambling habit. Stop fooling yourself that you can somehow play the market. Let innovation rise to the top on its merits and not on the market cap numbers.

I personally believe that this was the whole point of the creator Satoshi's reason for making it an open source code. To encourage and inspire through a little healthy competition in order to push the spirit of innovation and keep the energy flowing. Look at how big the community has become over the years!

I'm certain satoshi would be very much disappointed by the mockery altcoins and tokens made of his idea of "new electronic cash system thatís fully peer-to-peer, with no trusted third party". Massive premines, hundreds of millions of dollars going to developers, scams all around... maybe that's why he left, disgusted by all this.

we need strong altcoin holders

No we don't. Real market shouldn't depend on someone holding the bags. People shouldn't feel obligated to their bags. Coins should have use cases appealing to people.

Okay, no one can see the future, this is the fact. If you believe in your altcoin you can maintain holding. And there is a lot of shitcoin in the market this truth accepted by everyone. But you can't say all altcoins are gonna see dip. I have faith in some altcoin and holding them to prepare the next bullrun like eos, bnb, nrg etc.

Oh I can see the future and it's very bleak for 99%+ of altcoins and tokens. Are you feeling lucky in choosing the "right" ones to hold? Even stalwarts like ETH can disappear in a year or two if let's say Vitalik bungles up his POS thing.

227  Alternate cryptocurrencies / Altcoin Discussion / Re: Sell your altcoins and tokens TODAY, save yourself the frustration on: October 04, 2019, 06:35:55 PM
I don't think to immediately sell all the altcoins that I have, at least only a few that I think are not worth keeping, so sell immediately.

Sometime before ETH turned $3, I happen to buy some about 7k of it, if I just wait for the breakout at $7, I could have more money to spend on every ICO in 2017. I'd be waiting for more years from now on before selling the tokens I own. I'm pretty sure I can wait this time, I shall feel the frustration today but will later not.

The right project becomes really profitable. Hundreds of cryptocurrencies in the latest bull have earned good money for those who own it.

It actually depends on what are you holding.

The cryptocurrency market is too young, now it has problems, but everything will change, I believe.

many better options are still yet to come

I think we will see more price increases. We just started. First we wait for the rise of Bitcoin and then many other projects. Of course, we don't think they can all go to the moon. But new and beautiful ideas are waiting for development. These will support the growth of the market when the time comes.

WHAT IF, the alt season came? Then, this prediction of yours would be nothing.

Sell your shitcoins today. Use the proceeds to buy Bitcoin and solid altcoins.

i am sticking with altcoin no matter what, all i need is solid altcoins that have real use case and i will be fine,thanks for the advice anyways

Investors just cannot wipe out their alt portfolio for another coin if they are already in a loss.
Some peoples may already have a huge loss and they maybe don't have an option to think to exit and reinvest in a new coin, except to hodl for a fortune or for a minimum loss which they may digest.

Most of the above is just a variation of gambler's fallacy or some other unfounded beliefs that somehow all this is going to fix itself. I'm surprised that no one mentioned 10000 BTC pizza yet.

Now grab your calculators and tell me how much more money you would have today if you had exchanged your altcoins into Bitcoin in early 2018? Or really at any point since then. I bet it's a lot. And yes, some altcoins, perhaps 1 out of 100 or 1 out of 1000, may eventually become profitable but the thing is - you don't know which one it's going to be (so it's a gamble) and if you diversify you're gonna lose a lot more than you're gonna win from that rare good coin.

This is not like diversification in the stock market, where you're choosing a basket of generally well-performing stocks and trying to insure yourself from an occasional dud or some unforeseen risks. In the altcoin market you're diversifying among garbage that may or may not have a golden nugget in it. If the cryptomarket is going to recover to (and beyond) its ATH then you can be certain that BTC will be at the top of it. You can't be certain which, if any, altcoins will be there. Do the certain thing. Sell alts and tokens.
228  Other / Politics & Society / Re: Should we care about Boris Johnson squeezing a journalist's leg? on: October 04, 2019, 06:16:57 PM
In this case, it was a scandal that happened in the past. Something very strange when the case was raised again after so long. I think this is only one of the "dirty" way to bring down Boris Johnson.

Maybe. But you can't dismiss it just because it happened so long ago. It was a different time, we cared less about it then, we're trying to care more about it now. There are ways to verify these things, such as contemporaneous accounts. And as far as I can see Mr. Johnson doesn't really need dirt to be brought down, he's doing that just fine on his own but I'm not that well-versed in British politics so I apologize if I missed some nuance here.
229  Economy / Gambling discussion / Re: 999dice - Free Predator Bot (Licensed) on: October 04, 2019, 05:21:20 PM
if gambling is not profitable why there are those succesful gamblers that already won alot from gambling and other than that i also see alot of gamblers on the forum stating that they already won alot of cash from gambling with a low capital.  you cant totally beat the gambling site but atleast you can milk them .

people use bots but that does not mean that they loose quicker but because they want to play handsfree.  there are threads about a user that runs the bot for a spefic time/date and some of them are still succesfully running with some earnings

We are talking about dice, a luck-based game with a house edge. There is absolutely no way to "milk" the casino with that. The casino "milks" you. If it was possible to consistently win against the casino, they'd be bankrupt very quickly. Yes, people can win some money, if they're lucky. That's why it's called gambling. But if they keep playing they will lose.
230  Economy / Gambling discussion / Re: Dice - A small mistake emptied my wallet. on: October 04, 2019, 05:15:37 PM
A small mistake on dice made my wallet get emptied. Only mistake is that I didn't added an additional zero to the bet amount. Instead of 0.00005 btc I mistakenly placed 0.0005 btc. Further on the consecutive bets went for a double the value. This all of the sudden emptied my wallet. I didn't watched the wallet until the bet amount in the tab turned zero. Further watched the bet history and understood what big mistake I've done.

Sorry to hear that but on the bright side - this just accelerated the inevitable. With martingale you would have lost everything anyway.
231  Alternate cryptocurrencies / Altcoin Discussion / Sell your altcoins and tokens TODAY, save yourself the frustration on: October 04, 2019, 05:08:30 PM
You know how this is going to end. You might be trying to lie to yourself, you might be secretly hoping that some token in your "portfolio" that you have 10 million of is going to moon to $50 and make you rich, but let's be real: that is not going to happen. Even the allegedly strong altcoins like LTC or ETH or whatever is cool these days (I've been out of this game for a while) are not doing well and BTC dominance is growing. Which makes sense if you think about it. BTC can do most of what any altcoin can do and the few really useful features that BTC is missing (private transactions for example) are implemented by multiple altcoins, fragmenting their market share.

And the elephant in the room: 99% of altcoins are total garbage. They're called shitcoins for a reason.

Sell your altcoins and tokens. Take the proceeds in BTC, stick it into a cold wallet, keep some online to play around with Lightning and other things that actually matter for real-life stuff, like being able to buy something. When was the last time you were able to use for example Ethereum for something tangible, not to buy some garbage tokens or to play a game?

Do it today. Your grandkids will thank you.
232  Alternate cryptocurrencies / Altcoin Discussion / Re: Paper wallets on: October 04, 2019, 04:38:24 PM
Paper wallet is a great low-tech way of securing your funds and there is some good advice above - make sure you're doing this offline (getting an address from a website is not safe), make sure you print it on a secure printer (not in a office where other users could access your print queue or printer document history) etc. Also make a solid plan on how you'll store those paper wallets. Unfortunately they can be vulnerable to pretty much everything - fire, water, theft, even UV light or just regular environmental conditions depending on how you printed them.
233  Other / Beginners & Help / Re: Certificate of Incorporation- what it is and why it shouldn't be trusted! on: October 04, 2019, 04:24:12 PM
Those agencies (Companies House in the UK, typically Secretary of State in the US) that register businesses are not law enforcement agencies and it's not their goal to prevent or fight scams. Registration simply allows one to use a different name than their own for doing business, and in more complex scenarios - partner with other people (shareholders). That in turn allows the business to file taxes, open bank accounts, get various licences etc as an entity. It doesn't say anything about the legitimacy of the business other than it exists. There are some rudimentary checks to prevent duplicate business names and in some cases to check the identity of owners/principals (altho I think Companies House doesn't even do that), but that's about it.
234  Other / Politics & Society / Re: Should we care about Boris Johnson squeezing a journalist's leg? on: October 04, 2019, 03:54:06 PM
If it's a consensual squeeze like your "nobody seems to care about that" (I assume that's what it means) then maybe not but otherwise - yes, we should care about that. Sexual harassment is not a joke. Contrary to what some men think, women generally don't enjoy that kind of attitude and used to tolerate it only because it's been the way things are for a long time.
235  Other / Beginners & Help / Re: How do I know the scriptPubKey of an address? on: October 03, 2019, 09:04:11 PM
How do I extract scriptPubKey for 3QJmV3qfvL9SuYo34YihAf3sRCW3qSinyC from it?

Not sure what you're asking. You can find C++ code on github.

Or use an online tool to decode the raw tx, e.g.: https://live.blockcypher.com/btc/decodetx/
236  Economy / Gambling discussion / Re: Whistleblower Odds on: October 03, 2019, 07:31:38 PM
This post is a little creepy though. I wonder if it's a good idea to unmask the identities of true whistle-blowers through gambling. The reverse should be the caseó unmask the identities of corrupt politicians and other bad stuff, I and other like-minded people will gladly participate

This doesn't unmask the identity. In fact one of the bets is whether we will find out who the whistleblower is or not. If we don't then the identity bets will remain unresolved and the bets will be refunded. It's like sports gambling - if I bet on Lakers to win that doesn't mean they win...
237  Alternate cryptocurrencies / Pools (Altcoins) / Re: Best staking projects - High stake pool projects on: October 03, 2019, 07:14:16 PM
Please keep in mind that online staking "wallets" or "pools" or whatever they call themselves are risky and in general they go against what staking (and crypto) should be. You should be in control of your own coins. And staking doesn't require massive hardware resources like POW mining so just keep your coins and stake them yourself, don't send them to some site to stake them for you.
238  Alternate cryptocurrencies / Altcoin Discussion / Re: US Lawmakers want's a National Digital Currency on: October 03, 2019, 07:04:31 PM
The dollar is already almost entirely "digital". I've spent maybe $7 in cash over the last couple of weeks, to tip a waitress. I could have done that "digitally" too but I know some people prefer cash so I always carry a few bucks for that purpose.

All this talk about digital currencies is meaningless unless they're actually talking about using a blockchain or some other cryptographic decentralized concept. Which would not make sense for a government (they would sure want it centralized) so I don't think they are talking about that. They do mention cryptocurrency in the letter, for example that people use it for speculation and that Wells Fargo in developing their own cryptocurrency, but they don't seem to be giving any importance to the "crypto" part at all.
239  Other / Beginners & Help / Re: How do I know the scriptPubKey of an address? on: October 03, 2019, 06:31:11 PM
Find a transaction that sends to that address and decode it, for example https://btc.com/e06137426f7876fb12f49d78c848cb3f43c786271892f7b1df6cb788d7af5008
240  Other / Beginners & Help / Re: | Understanding BlockChain | on: October 03, 2019, 01:18:43 PM
Based on already existing wallet platforms like ( CoinPayments, Cryptonator, CoinBase etc.. ). If someone is sending 1 BTC to my wallet address registered in my block chain, from where I can check whole ledger about that 1 BTC.
Is there any API or Base with all that information ?

There are two different things - relying on a third-party site or API, or verifying the blocks yourself.

The essence of the blockchain is that anybody can connect to a peer-to-peer network, download the blocks and verify them independently. If that's what you're doing then at the very least you need to install Bitcoin Core software and then you can make RPC calls to it and get any information you need from the blockchain. It takes a long time to sync (download the blockchain) initially tho.

If you want to rely on a third party you could just use a block explorer and check your balance there, for example https://blockchair.com/ . I'm sure there are sites that could provide an API for it too but I don't have any links handy for that. There are risks with that if you're relying on it for payments. You're basically trusting a centralized third party site.
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