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Other / Beginners & Help / Re: ELI5: What is Ordinals and how they work?
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on: February 21, 2023, 08:54:09 AM
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Forget about the official website and the documentation, it is filled with lies and misinformation. For example "Individual satoshis can be inscribed with arbitrary content, creating unique Bitcoin-native digital artifacts that can be held in Bitcoin wallets and transferred using Bitcoin transactions." is filled with misinformation. The satoshis are not inscribed, the content is not unique and there is no way to guarantee its uniqueness, you also can not and do no transfer the content itself to anybody when you send coins. Another way of looking at Ordinals is (to put simply) a brand new scam method to sell tiny amounts of bitcoin to idiots at much higher prices.- First step is to come up with some arbitrary data which can be anything like byte presentation of a picture and create the Taproot script.
- Second step is to compute the corresponding address of that script and sending some small amount of bitcoin to it (eg. 10000 satoshi)
- Third step is to find some idiot who would pay a lot of money to buy 10000 satoshi (of course minus the fee so in reality in the example above they are buying 5920 satoshi) for a lot of money.
- Fourth step is receiving the money and sending them the tiny amount of bitcoin whilst revealing the garbage data you created in step one.
There are no NFTs, no arts, no ownership, ... being transferred here, individual satoshis have no extra value, ... and all the other lies they tell in step 3. Bottom line is anybody who paid more than $1.28 for the example above is being ripped off while contributing to an attack on Bitcoin. Arguing over UTXOs and how they are involved in this spam attack is pointless in my opinion  this! I also have same questions, but before asking those questions I wanted to understand how Ordinals work in a hope that those questions will be resolved. For example, if a single sat can be inscribed with a artifact, say there is a sat that has mp3 inscribed, where is the mp3 is kept/saved/hosted? |
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3
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Local / Трейдеры / Re: Последний вагон на север
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on: January 11, 2023, 07:31:57 AM
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ну а почему льют? там вроде речь о "coin movement" а не о торговле, нет? "The coins are moving from a wallet that they have stayed on for years, to another wallet." |
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5
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Economy / Trading Discussion / Re: Anyone out there doing money by trading? How?
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on: January 04, 2023, 06:49:35 PM
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...Hence the question: do you know anyone who is successful trading in crypto? or are you doing well by trading crypto?
If you have not seen traders who trade with profit, then you need to refer to the Binance rating page https://www.binance.com/en/futures-activity/leaderboard Similar ratings exist on almost all cryptocurrency exchanges and you can become one of the leaders when your trading is as successful. this is interesting list! never seen it before. Even more interesting is that those who are leaders of trading also in red! Many of them have negative total ROI. |
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6
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Economy / Trading Discussion / Re: Anyone out there doing money by trading? How?
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on: January 04, 2023, 09:49:37 AM
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From what you have said, I can see that you are frustrated because you are not getting what you want from trading crypto. In fact, I see the opposite, the long term is a very good thing to do, especially when it comes to bitcoin. I think there are many who suggest prioritizing long-term investments rather than being a short-term trader. You can see there are lots of people out there who have had success with their long-term trading. It may be difficult to find people like that around us, but if we look around the world we will find people who are successful.
Not that I am frustrated. No. I did few trading attempts with the money I can afford to loose. After couple of weeks, at the end the amount is the same, however, I put a lot of effort into it. Now I understand that: 1. I was emotional or probably too much excitement 2. Didn't have any solid strategy. All I was trying to do id buy low and sell high. But then the moment I sold, it went up again. Or vice versa. 3. Didn't know the coin, and its fundamentals. However, I don't know if it is important. Because I saw some traders saying they don't care what they are trading. How is that? 4. Didn't know overall market trends, bearish or bullish. 5. Didn't know the tool available for trading and how to use them. Now I think I need to learn how to use those tools on exchanges. Somehow these are the lessons learned so far. |
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7
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Economy / Trading Discussion / Re: Anyone out there doing money by trading? How?
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on: January 04, 2023, 09:41:17 AM
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From what you have said, I can see that you are frustrated because you are not getting what you want from trading crypto. In fact, I see the opposite, the long term is a very good thing to do, especially when it comes to bitcoin. I think there are many who suggest prioritizing long-term investments rather than being a short-term trader. You can see there are lots of people out there who have had success with their long-term trading. It may be difficult to find people like that around us, but if we look around the world we will find people who are successful.
That's why we need to have patience because talking long term is not an easy thing. actually it's a long term or short term investment depending on what coins are invested, in crypto trading we can't always expect it to be profitable in a short time if you can wait and sell it only when the prices are up then it is not trading, it is more investing. If I am correct trading has certain short time frames. It could be a day or a few days. But not months and years. |
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8
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Economy / Trading Discussion / Re: Anyone out there doing money by trading? How?
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on: January 03, 2023, 07:17:40 AM
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The more I learn I am kind of coming to conclusion that trading in the long run is not profitable. I mean I don't know any single person who is doing decent amount of money for living by trading in crypto. Hence the question: do you know anyone who is successful trading in crypto? or are you doing well by trading crypto?
Most traders just lose money.  https://tradeciety.com/24-statistics-why-most-traders-lose-money/Here is how you to make money trading. Open 2 accounts, one in each exchange. Open a long position in one, and a short position in the other. Make a video of both. The one that you made money (no matter which one) make an online course about trading showing your video. Then sell it in Twitter/Instagram or any other social network to teach people how to trade I see so many "traders" selling courses. They are the ones making money. Exactly, I mean of course I don't have a reliable data to confirm however it is my feeling that a lot of people usually loose money on trading. Then I also see a lot of traders trying to sell their courses... there is one I've been watching (now I stopped watching his channel) who says he did millions on trading... and I think why then he needs to sell courses on trading? Another example from Twitter. A guy says in three years he did 10 million starting from 50k. And I see a lot of people following him... some very well known people in the crypto are also following him. So I am again asking myself, is this true story or this is just bulshit. Hence these questions. Anyway please share what do you think on trading. |
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9
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Economy / Trading Discussion / Anyone out there doing money by trading? How?
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on: January 02, 2023, 05:52:49 PM
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The more I learn I am kind of coming to conclusion that trading in the long run is not profitable. I mean I don't know any single person who is doing decent amount of money for living by trading in crypto. Hence the question: do you know anyone who is successful trading in crypto? or are you doing well by trading crypto?
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10
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Economy / Trading Discussion / Re: Those who survived previous winter, please share some courage!
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on: December 28, 2022, 10:29:29 AM
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The ball is in your court, it's certain that the market will go bullish. If you are a hodler keep holding and don't focus completely on the market price. Get busy with other things that can fetch you more bitcoin or altcoins. Though from the negative news on cryptocurrency, the bear market will stay for a longer time, the right move is to accumulate more BTC.
I saw analysis on youtube that basically says all the previous bear market lasted about a year... and now we are already in a bear market for a year (starting from december 2021). Why would you think that this time it will be longer bear market? |
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12
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Local / Трейдеры / Re: Последний вагон на север
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on: December 24, 2022, 09:15:32 AM
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Точно! Есть отчёт Мессари! Уже опубликовали! https://messari.io/crypto-theses-for-2023Помню, год назад (ещё в другой жизни) мы его с Поптопом обсуждали. Точнее я обсуждал, а Поптоп говорил, что надо к Новому Году готовиться, а не отчёты читать. Для этого есть январь 2022 года. Сейчас вот тоже предвкушаю чтение, интересно, буду осмыслять текущую ситуацию и выстраивать стратегию действий в крипте. да есть, тоже думаю скачаю. На сколько отчёт Мессари аккуратный если вы читали предыдущие отчёты? Как относиться к этому отчёту новичкам в крипте? |
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13
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Local / Трейдеры / Re: Последний вагон на север
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on: December 20, 2022, 10:33:55 AM
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Юга красавцы, всех собирают под свое крыло. Что-то явно готовится...  Я никогда не понимал хайпа вокруг этого Юга Лабс. Что они сделали? Продали очень удачно НФТ коллекцию. А что теперь у них в планах? Откуда хайп? |
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Local / Трейдеры / Re: Последний вагон на север
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on: December 18, 2022, 07:04:33 AM
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Я читаю эту ветку уже почти год, и вот сегодня подумал может есть похожая ветка и на английском? дайте ссылку если есть. Ну или какуй ветку читать на английском что бы быть в курсы?
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16
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Other / Beginners & Help / what changes were made to the Bitcoin since disappearance of Satoshi?
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on: December 03, 2022, 02:08:22 PM
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I know that Bitcoin is changing... and the recent release of Bitcoin Core is 24. However, since I lack knowledge on coding I am curious what major changes were made to the Bitcoin. Is the block structure is the same? What about consensus protocol? I appreciate if someone could explain those changes in plain English with examples.
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Economy / Reputation / Re: Is Satoshi a Russian?
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on: November 30, 2022, 10:12:50 AM
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1. I am not Russian, however, russian is one of the languages I speak and I often check there.
2. There are a lot of people who are not Russian, however, russian language is de facto first language for them. Lots of them.
3. I think people in Russian section of this site (and I think everywhere generally) tend to argue a lot. Those who speaks russian they know :-) that creates a lot of content.
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18
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Economy / Trading Discussion / What if Grayscale had to sell all 643,572 bitcoins it has? Let's speculate.
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on: November 29, 2022, 06:21:43 PM
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"Grayscale has used that capital to buy more and more BTC. Now, it's accumulated over 643,572 bitcoins, which is around $10.12 billion in assets as of the time of this writing"
Grayscale for sure is under a lot of pressure right now. As far as I know, they are struggling to find additional funds and one of the possible outcomes of this situation is that they might be forced to sell all the 643,572 bitcoins. How far BTC can drop if this will happen?
Let's speculate.
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Local / Альтернативные криптовалюты / Re: SOLANA
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on: November 18, 2022, 01:02:05 PM
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А вот и еще один черный лебедь по Solana:
Видимо Солана окончательно посыпалась. Тут не соляна посыпалась, а, видимо, Сизый решил, что сейчас самое что ни на есть время устранить прямого конкурента своему BSC. Не удивлюсь, если он и Соляну решит делистнуть, попутно как-нибудь связав с обзашкваренным СБФ. Ну а руководство Соляны, видимо, так и будет сидеть с бумажным мешком на голове и ждать, чем всё закончится. Херли еще ожидать от тех, кто никогда не работал, что они сейчас вдруг резко подорвуться и начнут разруливать проблемы? CZ уже давно сует палки в колеса Solana и я надеюсь, что в конце концов его действия приведут к тому, что сеть станет только сильнее. Я уверен что CZ находится под давлением регуляторов и делает то, что ему говорят, поэтому я никогда не следую его рекомендациям и не пользуюсь услугами его компаний, т.к. в конечном счете он сыграет против себя. Выкупать монеты с рынка команда Solana не может, т.к. это чревато проблемами, работы над сетью ведутся практически постоянно и сообщество принимает в этом активное участие. Так что я бы не говорил что у них мешок на голове или они никогда не работали. а какие работы ведутся, где можно следить за прогрессом? |
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