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1  Bitcoin / Bitcoin Discussion / Re: majority of blockchain project has lost focus on: October 31, 2019, 04:44:36 PM
I don't think we can call most of them "projects" as they are simply copying code and creating tokens,... without any efforts. a project by nature should take some time and effort to be created and has some clear goals. these things we keep seeing in the cryptocurrency world are not that at all.
and if you remove all the crap then you can start talking about whether "majority" of real projects are bad or not.
2  Bitcoin / Bitcoin Discussion / Re: Are People Losing Interest with Bitcoin? on: October 21, 2019, 06:42:34 AM
yeah, newbie weak hands are leaving bitcoin handing over their small amount of bitcoin to others who understand the true purpose of bitcoin, at a discount just to try and buy it back a couple of months later at a much higher price. Wink
3  Bitcoin / Development & Technical Discussion / Re: Compatibility of Legacy w Native Segwit w Nested Segwit on: October 14, 2019, 09:10:00 AM
Can I safely assume that sending from one to other are safe, just that the fees are different?

the ONLY problem that you will ever face involving SegWit is when you are going to receive a payment from someone else (like withdrawing from an exchange) and that other person doesn't want to pay to a native SegWit address (address starting with bc1). otherwise there is no difference and there is no safety or lack of it when using any of the different formats.
and you won't even face the problem when you are the payer (eg. making a deposit to an exchange) you can use bc1 addresses in this case without a problem!
4  Bitcoin / Bitcoin Discussion / Re: Bitcoin: Stress and Happiness on: October 14, 2019, 09:05:05 AM
How do you manage any possible stress coming from Bitcoin's volatility?

very easily! by investing what you can afford to lose.
most of the reasons for stress is when people have a lot of money at stake but if you had something like $10 bucks at stake you wouldn't really stress over it that much.
5  Bitcoin / Bitcoin Discussion / Re: Craig Wright is official a fraud on: September 02, 2019, 07:08:10 AM
sooner or later all the scammers have to face the consequences of their actions. it is not like they could get away with it forever specially when their scam is taking place at a very large scale affecting a very large group of people.
6  Economy / Exchanges / Re: Crypto exchanges comparison [trade fee + listing fee + age + mobile app + more!] on: August 17, 2019, 11:28:32 AM
thanks for all the efforts you put into creating this list. it was truly helpful.

one thing though, c-cex exchange has been dead for a couple of months now. I remember last year they started deleting accounts from their website that steal their money and slowly run away.
right now you can't even open their website since their certificate has been expired for 4 months.
7  Economy / Exchanges / Is there any centralized altcoin exchanges that dont require KYC at all? on: July 24, 2019, 07:32:35 AM
I am looking for centralized exchanges that don't require KYC at all, not just for smaller volumes or certain conditions,... and I seem to have a hard time finding any!
there was Bittrex that scammed. then there was Binance that changed the rules and enforced it.
there were also small exchanges like c-cex that died, Yobit which is pure crap and cryptopia which again died!
8  Economy / Trading Discussion / Re: What is the most important lesson you have learned in trading. on: July 20, 2019, 08:24:15 AM
the most important lesson I've learnt is to never trust those who tell me which altcoin is "hot" right now and also to never bag hold any altcoin for more than their pump can last. for most coins that I trade it is as short as a day since that is how long pumpers are going to pump that coin but it can go as big as a week mainly for bigger coins that don't get dumped that easily but get dumped all the same.
this shaped up my overall strategy. I accumulate bitcoin (long term investment) while short term trade altcoins to increase the number of bitcoins I own.
9  Economy / Speculation / Re: 2017 Crash DejaVu? on: July 20, 2019, 07:27:01 AM
The last ATH and the crash that followed had many other, non-chart signs - the fees were high due to a huge network activity, as people were moving their coins in and out of exchanges, Bitcoin reached ATH on Google trends, the media all over the world were talking about Bitcoin, even on national television. There's nothing like that right now, so it's not the top of another bubble yet.

With most of those metrics, it looks like the beginning of a bubble now. Google Trends looks an awful lot like the May-October 2017 period before it went parabolic. Fees have been trending upwards since the beginning of the year too. I guess we got Trump tweeting about Bitcoin, but yeah, certainly not the everyday hype coverage of late 2017.

both Google trends and fees are terrible indicators to use for market price.
for example right now Google trend is most probably higher due to the fact that news suddenly got flooded with articles about bitcoin and Trump tweet.
the fees are also going higher more often these days mainly because of the altcoins that have been spamming bitcoin network to mine their shitcoin (like Veriblock).

and neither one of these have anything to do with price and its rising although price is rising and we are in the beginning of the next bubble that will be shaped in about a year.
10  Economy / Speculation / Re: Speculating with Tom Lee on: July 20, 2019, 07:18:11 AM
I wouldn't call what Tom Lee  does, speculation. he is mostly full of hot air and is hyping up bitcoin with his perma bull price guesses that he keeps throwing at people on the internet. and I have always said he is just advertising his business wanting to get more money flowing in.
because he is perma bull and has always been predicting rise, he is now at least predicting things in the same direction that the market goes which may create the illusion of him being good at what he does Tongue
11  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin so valuable just because it was first? on: July 20, 2019, 07:01:08 AM
again with this poorly argued discussion?!!

if everything that came first could be successful and valuable then hundreds of companies and products that were created throughout the history "first and before everything else" would have been the most valuable in the world. but we can clearly see that this is not the case.
for instance take facebook that everyone is talking about these days. it is not the first social media platform out there! there have been lots of others, many that people don't even remember their names. they were "first" but they all disappeared.

not to mention that bitcoin wasn't the first either! it is the upgraded replacement to other smaller and less secure projects that existed before bitcoin came along.
12  Bitcoin / Bitcoin Discussion / Re: If they banned bitcoin in your Country (just clone a representation of it) on: July 20, 2019, 06:44:31 AM
one of reasons why I have even bothered with bitcoin in first place was the fact that it can never be really "banned" anywhere in the world. the governments can always try to do it but they will always fail because bitcoin is the only decentralized system that can not be shut down short of shutting down the whole internet.

as for the clone question, we are already using centralized fiat, why would I want to use a centralized cryptocurrency that is controlled by the same flawed system that led to creation of bitcoin?
13  Bitcoin / Bitcoin Discussion / Re: $32m stolen from Tokyo cryptocurrency exchange in latest hack on: July 20, 2019, 06:33:32 AM
Wet dream for hackers with the Japanese Security.

that is racist since it has nothing to do with "Japanese security" but with this exchange lacking security. not to mention that this is not the first time, it is not even the hundredths time! there is at least 100 cases per 6 months of hacks usually from exchanges. that is why everyone always tells you not to leave anything on exchanges ever.
14  Other / Beginners & Help / how scammers are using newcomers' greed against them on: July 17, 2019, 06:39:15 PM
I just read this thing on reddit and it is quite funny and at the same time it can be very educational for beginners around here to see how there are scammers out there that will use their greed to take their money from them.
you should always try to use your head and do some research before handing your money over to a random person on the internet!

https://www.reddit.com/r/Bitcoin/comments/ce6nez/when_a_scammer_tried_to_scam_you_but_you_scammed/
direct link to the chat screenshots: https://imgur.com/a/IWKSosr

some funny quotes:
Quote
bitcoin mining is an automatic trading software and tools that allow individuals and institutional customers to trade online that enables them make good profit within a short period of time
Quote
you will earn 10btc within 48 hours of time
Quote
[-who is bitmain?]
it's the machine that mines bitcoin faster
[-oh I thought he's a superhero]
and of course the funniest thing is that he scammed the scammer out of $1 Cheesy
15  Economy / Speculation / Re: Getting ready to buy! on: July 17, 2019, 03:34:07 PM
it is $9600 right now and the answer is yes it is the time to buy but what you want to do is that you usually should place multiple orders so that you can spread your orders to try and get the best overall result. and you should combine that with your analysis of the market. for example you come up with a price based on your analysis that is the most possible candidate for the bottom and then you place the bulk of your buy orders at that price and smaller percentages on prices higher and lower than that level. now this strategy may reduce your profitability by a little bit but it decreases the risk you are taking by a lot (if your analysis was good).
16  Economy / Trading Discussion / Re: Btc dump. It is time for some alts to recover against BTC on: July 17, 2019, 01:53:51 PM
first of all this is not a bitcoin "dump" it is a drop. and you should really know the difference between these basic things if you are in a trading discussion board otherwise it is a better idea if you stay away from trading.
secondly whenever bitcoin price drops, the altcoins go down with it. and a quick look at the altcoin market shows that this time the altcoins are going down like always so there is no exceptions happening here either. in fact one of the reasons why the altcoin market is turning into a big bloodbath is exactly these bitcoin price rise and falls since altcoins go down in both cases.
17  Economy / Trading Discussion / Re: want trade by bot what do you think are you with bots or not on: July 17, 2019, 01:31:01 PM
you must first start learning how to trade on your own.
then you have to trade for a moderate amount of it, I say at least 6 months to 1 year longer if we are in an overall altcoin pumping season up to 2 years.
and you have to have successful results overall during that time.

then after this amount of time and experience, if you felt the need to use a bot then seek out your options but if you are just starting and want to jump in with a bot let me tell you now that you are going to start losing a lot of money soon. bot is not going to perform magic for you if you don't have the experience to ride the market waves.
and things like RSI,... and generally anything TA related is not a predicting machine that you can automate your trades by "linking the bot" to these things!
18  Economy / Speculation / Re: 2017 Crash DejaVu? on: July 17, 2019, 12:58:55 PM
your "deja vu" is off by 2 years and about $9000.
what this current price and charts look like is 2015 not 2017. and the trend looks exactly like what we had at that time when price first started recovering from the absolute bottom at $150 and has been rising for a couple of months before it had a hiccup like what we are witnessing these days. a hiccup that is going to lull some of the bears to get out of their cave and wake up just to lose money before the reversal continues on its way upwards.
19  Economy / Speculation / Re: Hope for the best, Expect the worst on: July 17, 2019, 10:03:33 AM
people loved comparing bitcoin of 2018 (the dropping year) with bitcoin of 2014 (the same dropping year) when it was dropping from its bubble and although I don't like these comparisons I have to admit we ended up having a lot of similarities.
right now it seems to me that despite no one really doing the same comparison anymore (between 2019 the recovery year with 2015 the past recovery year) but things are starting to look the same too.
so worst case scenario of repetition of the same thing at a bigger percentage drop from the high we reached would be reaching around $8500 before bouncing back up again.
20  Economy / Speculation / Re: Bitcoin dominance hits 66.5%, alts lagging behind on: July 17, 2019, 09:29:00 AM
Lol 65% dominance for bitcoin is nothing historically speaking. Prior to 2017 80% dominance for BTC was the norm. I remember at one point in 2015 it went as high as 92%.....

well the number of shitcoins in circulation in 2015 was 1/15 of the current amount. so when the number of shitcoins grew and people started to care about market capitalization silly things such as "dominance" started shaping up and with nearly 3000 shitcoins in circulation today that percentage which has nothing to do with dominance came down!
and the funny thing is as these shitcoins started to die and the number started dropping from 3000 down to 2100ish, that meaningless percentage started growing.

so if anything this percentage is only showing the number of shitcoins in circulation Cheesy
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