since you seem to already have prepared your questions then a much easier way of doing this is to start a google doc questionnaire and put all of it there. the results are going to also be a lot cleaner for you to make a conclusion. then you can only share that link with those whom you pay upfront to spend their time answering the questions.
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LN steals transaction fees from BTC for it's offchain network
Transaction fees can go trough the roof so it isn't a problem as many on this forum will reassure you. The problem is LN dependence on timelocks that will wreak havoc on the world if level 1 gets disabled for an extended period of time. bitcoin is not ethereum to have its entire network crash entirely just because there was a fee rise. the higher fees don't "disable" the bitcoin blockchain, it will just cost more to have your transaction mined faster.
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Well sone alts probably will have their time of getting a decent value. Well alts that does have value today, those that are in the top 10 or top 15, are a good investing prospect. I do hold crypto aside from btc. Trx, btt and recently i bought a bag of ripple. Looking at the short term, these coins may not be that attractive to crypto investors but their projects makes me think they'll have a good decent future.
there is a big difference between value and price (profit). what you are talking about regarding altcoins is the profit you can make from their price going up and down that is usually referred to as pump and dumps. but it has nothing to do with their value. value of a cryptocurrency is defined based on the utilities it offers and since altcoins lack utilities and the only use case of them is for trading, they have no value.
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this looks more like a bad scam rather than an "interesting utility" as OP puts it. it checks out multiple boxes for being a scam. ✓ is advertised by a throw away account with no prior history in a terrible way ✓ is brand new with no history so it is used by noone. ✓ has no source code whatsoever ✓ they control the private keys not the user (aka custodial) ✓ promises no commissions
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and even after more than a week people are still wondering why Google (owning Youtube) keeps on removing a lot of cryptocurrency related videos on youtube platform. THIS is the answer why! they are simply cleaning up a lot of garbage like what OP posted from their platform to make it cleaner .
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based on my observation, this forum's policy against trolls is neither banning nor nuking them since this is not the only troll that is active on bitcointalk and maybe not even the biggest one! sometimes the posts i report aren't even deleted let alone the entire history of the troll. the only case that i have seen led to a ban was a severe case of someone spamming nonsense all over the forum specially in speculation board with his price guesses while trolling bitcoin and SegWit.
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There will be bouts of FOMO this year, but the real FOMO doesn't start until the price passes the ATH from the previous bull run. Real FOMO doesn't start for over a year.
it seems like our definition of FOMO is different from each other. i am always interested in seeing FOMO of any kind, calling it real or not is just the unimportant details. for example during 2016 and 2017 (similar to 2019 and 2020) we had lots of FOMO. the one at the end was the biggest one and the least important one in my opinion because it was the bubble whereas the previous ones were more of natural rises accompanied with lots of adoption.
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Another transaction backlog. Haven't seen this happen for some time now, I wonder what's causing this.
This thing is mainly linked with the network hashrate. The trend says, whenever we have seen increasing network hashrate, the number of unconfirmed transactions goes higher and the fees also goes higher than normal! that doesn't make any sense at all! specially if there were any effects there should have been the exact opposite of what you just explained. meaning an increase in hashrate should lead to a lower number of unconfirmed transactions. although it is a small thing but an increase in hashrate could lead to production of blocks at a higher rate which means more blocks per day and less transactions in mempool.
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wanting to use a trading bot as your first move is like wanting to join the olympics the very same day that you learned how to walk. that doesn't work like that. you have to first start small, learn how to trade. maybe even trade for at least a year and see how the market works during different trends and become more familiar with altcoin pump and dumps. then you can think about using additional tools such as trading bots. if you do anything else, you would be throwing your money away.
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i used a couple of them that i found on the internet and even tried improving some that i could find the source code to but the problem was never with the scripts but with the market. specifically the prices of the altcoins and their volumes that could get you stuck specially if you are using this strategy in the altcoin markets that are smaller than most markets. you make the first trade and then the order books change right away and you get stuck bag holding a worthless altcoin that tanked.
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it is just the continuation of yet another big FUD in bitcoin world that usually comes out during any kind of drop whether small or big. it is based on the flawed assumption that the energy is being wasted since the FUDsters ignore all the utilities that bitcoin is providing on a global scale and all of that in the most decentralized way. if you start looking at things like that then you can see the current power consumption is way too little! using megawatts is merely pointing to that power consumption and is an attempt to throw big numbers at people to scare them off.
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it seems more like the panic sell followed by a non-stop FUD spam over the past 48 hours by all the bitcoin news outlets that have been trying to scare people and force them into thinking the rise was because of the war whereas it was completely unrelated. case and point now that all that fear has ended we will see the rise in a very short time after this manipulation ends and some weak hands are shaken out of the market.
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when gambling I still prefer to buy bitcoin and use it to deposit.
be careful about this because doing this (using your bank account to buy bitcoin then from that exchange transferring to a gambling site) is against the terms of services of some of these banks and exchanges and may get you in some trouble! make sure you read their TOS first or even send their support team a message and make sure. I have looked into may different websites that claim to use your pc to gather bitcoin, in return for a small %. I am not sure but this doesnt seem very legit to me. Would it be more worth for me to invest in my own set up?
it is most definitely a scam. there are some cases where they mine an altcoin on your PC and can pay you in bitcoin but the amount is so small that it is not worth the effort and if they promise high payments then it is a Ponzi scheme. setting your own mining operation is good but don't do it the first day of your entering this world. hang around, learn more about bitcoin, mining,... use bitcoin a while and then look into mining.
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I am using Coinhako Wallet. This is a screenshot of my coinhako wallet trade history: https://snipboard.io/8WJtMG.jpgThis is a screenshot of the current bitcoin balance: https://snipboard.io/rYuNoO.jpgAs you can see, there is a discrepancy between how much bitcoin I bought and how much bitcoin there is left in the coinhako wallet. ok, lets get one thing clear. this is NOT your bitcoin "wallet". it is a simple account that you have on a website that owes you bitcoin in their database. as Royse777 said, someone familiar with this website can help you as it is not a "bitcoin related problem". have you checked your wallet tab? maybe your balance there is correct. this seems to me like the amount of bitcoin you can use to convert to SGD and maybe there isn't enough orders of that to fill the entire 0.01770000
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if this was a hack, the hacker wouldn't have left anything in your address. for us to be able to figure out what happened here you must include two things: 1. the wallet name you are using (is it a web wallet, custodial, desktop...?) your problem sounds more like using a custodial wallet to me, a wallet where you don't control the keys.
2. was 0.01770000 transferred in one transaction to one address or was it bought in multiple occasions with more than one tx?
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* i am not a day trader * i haven't bought bitcoin to make profit.
so the answer is never! i bought bitcoin initially because i wanted to use the only decentralized money that has ever existed in the world which nobody could control or censor. that doesn't mean i don't like seeing the price go up. the way i see it, as bitcoin price rises my purchasing power increases. for example if i could pay my bills with 0.1 bitcoin a couple of years ago, i can pay the same bills with 0.05 and tomorrow it will be 0.01 as the price rises. so it is better for me to get more of it while it is worth so low so that i can spend less portion of it when its value goes up.
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we saw a small version today as price jumped up from $7300 to $8300 but that is the small FOMO.
Maybe there was a little bit of it in the past couple of days, but I think it takes a lot more than a $900 rise to start inducing fear of missing out. Experienced traders surely realize that this little pop we're having might not be the start of anything bigger, and I sure as hell didn't think I'd be missing out on anything if I didn't start buying bitcoin. a good point and i agree that this is still a small rise and it is not going to be starting the FOMO but i still think there are a lot of signs of the real big FOMO on the way hidden inside of it. as for the FOMO itself, of course it is not for people who have a mind set like you. unfortunately FOMO happens when a large number of traders start being greedy and expect large drops for no reason. so they end up waiting instead of buying. for example when price is at $7k they wait to buy at $5k. but when that unrealistically low prices aren't reached they have to do something with their money and while they see their opportunities to buy is running out they jump in hence causing the big price jump.
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as we entered 2020 and the first week is coming to an end, price has picked up and started heading towards $10k as it was expected before. like all the previous times i again expect another FOMO to start due to this rise that would bring the price up in a sudden and big move. the only question remaining is about when it is going to start.
we saw a small version today as price jumped up from $7300 to $8300 but that is the small FOMO. i think we can see price easily jump up above $10k when it starts.
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Could this be the reason Bitcoin keeps pumping?
do you see bitcoin price going up 100% in every hour? then your question is stupid! bitcoin isn't "pumping". Got to be one of the most pathetic and straw grabbing articles so far and there are billions to choose from.
And is the author so dim that he's mistaken all those fake Elons doing 'giveaways' as the real man's support? I most certainly would not be surprised if that were the case.
a quick look at OP's post history shows that he has been posting garbage from the same website for a long time now which can only lead to the conclusion that he is getting paid to spam it on bitcointalk.
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all these scam methods keep coming down to how greedy their targets are. that is how they feed off of them. they throw big numbers at the victims and pretend to be these experts who can magically make money while not having any money of their own to invest and need the victim's money! most of their techniques are way too obvious but only if people aren't already blinded by their greed.
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