They use bitcoin and crypto as a blanket to make themselves look better and peddle the same get rich quick schemes. They usually try to get people to pay for newsletters and other nonsense.

I don't usually watch ads due to adblock but I watched some YouTube videos on my phone and there was an infinite amount of such malicious ads. It's fair to say that there's going to be people who buy into the nonsense.

It's easy to recognize one of these but they wouldn't be profitable enough to buy so many ads if they weren't successful. These aren't spam e-mails that cost nothing. They are hour-long YouTube video ads.

I think the quickest way to get to people is to make parodies of these people and ads and memes, but I don't have the inclination or creativity to do so right now.

Teeka Tiwari, he can be painted as the tick he really is. And he kind of looks like a tick.

In one of these ads there was Sarah Palin. She was the governor of Alaska. This is kind of nuts.

Recognizing a scam like this is easy. The most common red flag is the promise of crazy returns, and they do it in steps, where the promises get crazier and crazier. That tactic might work, like they're trying to convince little by little over the course of the ads. Another red flag is their pandering to people's emotions. This money could mean a vacation home, creating priceless memories, blah blah blah. Then there are the obvious fake stories of starting from being poor and knowing what it was like and that's why they want to help people or whatever.

Pretty much, I think some of your money is in limbo, you might have to cancel a pending order.
I don't think you'll lose the fee on that. But then you lost the chance to buy at the price you would have gotten.

In short some of your money might still be in the order book. It would show under pending transactions and you can look at it and cancel. Let us know if that was the case.

No, that's really one of it's biggest drawbacks, despite all the work that has been put into it it hasn't maintained relevancy.

Since I posted so many positive things, I should probably post a few negatives to balance it out.


Originally Syscoin had a decentralized marketplace built right into the wallet (along with a lot of other features) it never gained any significant traction.

It was removed for a while and it still hasn't been added back.


Also at the very beginning, syscoin suffered a big loss when a lot of their IPO money was stolen (I don't really remember what happened in detail, but it's something to look at).

Having such low relevancy in an already established crypto, it means it could possibly just stay irrelevant.

Syscoin can do 60k TPS on chain using masternodes.
The fees are minimal.
Getting a masternode means you can earn a fair bit, if you're in it for the long haul, it's more stable than buying ASICS and mining since you're not going to become obsolete.
Syscoin can be used to create tokens and you can use all the capabilities of ethereum using syscoin's Bridge to jump between the blockchains without any third parties.

The developers have been through huge crashes and never left the project, it's older than most (2014) and they've not only held on during the bear market, but they kept developing, they kept being positive and they have their own publicly traded company.

Also it's at a good point for people to get in. it's 68% mined
Masternode and Mining rewards drop 5% a year, so it's a more gradual decline, rather than halving.
Masternodes get seniority benefits +35% after 1 year, +100% after 2.5 years of holding the masternode collateral in the same address.
The masternode collateral is 100,000 sys, in the future you can pool funds with other people (without risking them) and share the rewards.
A masternode would set you back $6500, and you'd also have to host it somewhere reliable.

Bitcoiner to Nocoiner in 2030

Just my 2 cents.... are more than your salary.

If one did, would it be a good idea to be constantly advertising that fact? What if authorities crack down? It's supposed to be stimulus and not take the money and stash it in your own monetary system-ulus.

One could see what we're allegedly doing as immoral. I don't see it that way. Just playing devil's advocate.

If it's exactly 1.00000000 Bitcoin than inevitably you will get 1-Transaction Fee.

Since the transaction fee estimation can vary depending on network traffic what is going to be sent into your wallet will vary by a small amount.

Your actual balance at coinbase should be the same.

If that's not what's happening there, it's a different discussion altogether.


Edit: Upgrade00 kind of beat me to it. But since we were posting at the same time I'll leave mine up as well.

The pizza analogy is so dumb.

You cut a pizza in 1000 pieces, you no longer have pizza. You have crumbs.

When you cut something in half you don't have twice the amount. You don't have half the amount either. You have exactly the same amount.


Most anything can be divided. Your room can be divided into two, and you can put two people in that space, it can be infinitely divided and we can stick 100 people in your room. Your room will now heat up because of all the human bodies, and smell of breath and become unsafe and you won't be happy anymore.


Gold could be divided into atoms. Here is avogadros number: 6.0221409^23 so a mole of gold (197 grams) can be divided into 169,331,290,000,000,000,000 atoms of gold.
That's 169 quntillions for only 197 grams of gold.

Does that mean that gold is not scarce anymore? Since we all could have quadrillions of atoms of it (out of a single molde?

Since gold still has a value, and a high one at that the new nocoiner narrative is false.


Going back to food. Just because you could theoretically cut a pizza into 7 billion pieces it doesn't mean that you could feed the entire world on 1 pizza.

As for the loaves and fishes Bible nonsense, it's supposed to be a miracle, like harry potter waved his dick around and multiplied the bread and fish.

Now that the $2000 Stimulus passed the house, it's up to the senate. So I guess there is still a chance the stimulus will be more than crumbs.

Since this is a Republican Control Senate, it can still be easily blocked.

It's Bitch Mcconnel's move. I wonder what his actual constituency has to say.

I'm sure that Trump would love to use this for 2024. Trump 2024 is hell world.

Well, I took it seriously and immediately sold all of my Bitcoin for Bitcoin so I could arbitrage the Bitcoin to Bitcoin pair.

I now own all the Bitcoin.

$27,370.51 USD (9.84%)
0.99997455 BTC (0.00%)

Kind of a weird bug. Can someone else here confirm this?

https://coinmarketcap.com/currencies/bitcoin/

Edit: It went back to 1.00000000 just minutes later. I did get a screenshot of the original.



screenshot: https://ibb.co/P4DvR3b

Edit2: I initially posted to Bitcoin Discussion on accident. This is pretty off-topic.

You should think in terms of probabilities.

It's completely possible for a big exchange such as coinbase to be hacked. It's also possible for the US government to crack down. How likely are these scenarios?

I'd rate coinbase hacked as 80% possible to happen within the next 4 years with a 10% chance we'd have enough decentralization that the price effect wouldn't be a crash.
I'd rate US government crackdown at 10%

So, the possibility for a crash in the next 4 years is something like 80-90%

And the possibility for recovery in the next 4 is 90%


That's the way I'm going to place my bets anyway, I'll be waiting for that next dip to buy some more and if the price goes to 100k, I might even sell a little bit.

Maybe not as much, since the majority don't really have much to spend anyway.

 A lot of the money will go back to the banks and the corporations one way or another.*

It's really a broken system, maybe inflation doesn't show up in the most obvious places (price of milk and foodstuffs) but in the value of housing and taxes, education, healthcare, cost of transportation and services.

This opens a whole can of worms that can easily escape the topic, and knowing myself I'll be terribly wrong on most anything I opine on the issues themselves.


*That's because people have to pay landlords and credit card bills and car insurance. Landlords have to pay mortgages and food is sold and made by corporations and companies which are largely owned by the rich. The way we measure inflation is twisted, and bitcoin is a better system because it doesn't allow the government to create more and give it directly to the rich.

The rich can use that money to buy the important pieces of land and capital at the most strategic times and then use it for rent seeking so the rich stay rich and the rest get poorer. They can use the money to buy up hospitals and ambulances and property and then charge people whatever they want for these services. They can monopolize car insurance, and since we don't have money to self-insure they drain our assets that way as well. It's not capitalism, it's a disgusting rent-seeking society. It's a system of control against most people, not by design just by consequence.

No, the US deliberately forced the dollar to become the global currency by forcing any country that sells oil to sell it for US dollars. Since they have to use dollars to buy oil it had a big advantage over all other currencies.

Still that wouldn't have happened if the US wasn't the super-power that it once was.


It's not because of "in god we trust" or the almighty dollar. It's because of history and policy.

There's probably a lot of people who didn't qualify for unemployment, either because it run out or because they simply got their hours cut back or because they didn't have a job, but would have gotten a job if the shutdowns hadn't happened.

For this large segment of society, they only got the 1200 check and lost 9 months of potential work.

For the people who didn't file taxes the previous year they didn't even get that, I sympathize with them even though I do file taxes every year.


So basically 9 months of forced shutdowns and a minimum of $0 dollars in help for some, $1200 for most. And now another $600.

With a lot more money given to already profitable corporations and extra tax loopholes for the rich.

That money doesn't even cover a small fraction of rent.

Are you trolling us?

Anyway, buying during an all time high is a recipe for disaster. When the next big exchange gets hacked we'll inevitably see another crash and we could be repeating the same cycle during the next 3 years.

Then you'll come back here and post your "Hard Facts" about bitcoin. Then it will go back up again to 40k.


So you'll buy at $22k sell at $8k and then buy back at $40k


Before putting anything into bitcoin, you have to understand that you're the only one responsible for the risks you're taking. There's no guarantee you'll always be in the green.

Really underwhelming but what can you do. This is such a crummy deal that I don't know if I really care.

Also there's provisions that were added in there to appease the republican donors, aka some tax loopholes.

For those living outside the US $600 dollars here don't cover living expenses for 2 weeks and a lot of people were practically forced out of work due to their place of work being shut down by the government.

Edit: it's not really "breaking:" I just found out late.

I lost respect for Elon Musk a long time ago.

The hyperloop isn't realistic and will never work. His claims that he can make tunnels like 100 times cheaper is a bunch of bullshit too. He is either lying or he doesn't have a good grasp on physics.

His view on Bitcoin I find personally irrelevant. He will only try to be popular. Elon Musk and his reputation deserve to crash and burn but once you're ultra rich you can stay ultra rich forever and his fan-boys are basically a cult.

That's weird did you use the same exact search terms?

I searched it again and here is what I get with Bing:

1. https://www.cnbc.com/2020/06/23/can-i-get-unemployment-after-quitting-or-refusing-my-job-heres-what-to-know.html
2. https://www.smh.com.au/business/workplace/breaking-the-cycle-of-intergenerational-unemployment-20171211-p4yxlf.html
3. https://www.khanacademy.org/..........*snip
4. https://standtogetherfoundation.org/understanding-unemployment-work-job/
5. https://www.thestreet.com/mishtalk/economics/over-26-million-unemployment-claims-filed-in-just-5-weeks

And Google

1. https://www.khanacademy.org/....*snip
2. https://www.khanacademy.org/....*snip
3. https://www.thebalance.com/types-of-unemployment-3305522
4. https://www.investopedia.com/ask/answers/050715/what-difference-between-structural-unemployment-and-cyclical-unemployment.asp
5. https://www.investopedia.com/terms/c/cyclicalunemployment.asp
6. https://staffwww.fullcoll.edu/fchan/macro/2unemployment.htm
7. https://corporatefinanceinstitute.com/resources/knowledge/economics/cyclical-unemployment/

I'm not saying that Bing is as great as google used to be, it's not, they clearly have some of the same filters.

The difference would also be more obvious if we included the first 100 search results and rated them on different metrics.
Metrics likes matches (where we find what we were looking for), and relative relevancy for those who are close.
Instead of that it's easier just to skim a few pages and compare and see if you found anything good, but that's really biased.

We can try different searches too, if there is something someone here really wants to look for.

Even places like YouTube seem to bury stuff. I think Google is burying a lot of the things people are looking for, basically censoring certain sources.

The one example I currently have in mind is a Thunderf00t who is on YouTube, he made a video searching for himself and his videos with his exact titles (if I recall correctly) and he wasn't very visible on the google results even though YouTube is a company owned by Google and he showed up in the results on YouTube. I kind find it now but I'll try and track the video down.


So here's what I think is a big part of this. Google has approved sources of information, corporate media, dictionaries, learning sites and they get pushed up like crazy.
Google also has blacklisted sources that get buried in the second third or 500th page.

Google also only let me see 17  pages of results, Bing let me see 57 pages. Google didn't list the amount of results but it's ~10 per page, so just 170.
Bing let me see 770 and no more than that.

I gotta go now.