but why? every conspiracy theory in my opinion should not just talk about what ifs but why. otherwise there is no end to crazy things you can come up with! i personally can't see any incentive for the governments to accumulate bitcoin. if it is for control, there are a lot of different ways they could control bitcoin (eg banning its usage) or its market (by injecting fiat that they print in it),... if it is for money, similarly there are other better ways of making money. governments don't concern themselves with this type of profit!
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yeah if we reach a good stability and stay at $10k price, it would be a very great opportunity for all the bitcoin accumulators for two reasons: 1, you can buy bitcoin at this cheap price before it shoots up. 2, the altcoins get their biggest pumps when bitcoin is stable and fall when it is rising or falling. so you could drastically increase your bitcoin stash if you are into shitcoin trading. Probably best case scenario is to dip again to 8k. Ending a year at 10k after earning a month or two in that dip would ve a nice Christmas.
i wouldn't call that a "best case" really! a small drop, sure. but to me a drop of that magnitude to $8k at this point that there is no more reason for it shows that the manipulation in bitcoin market is still very strong and can control the price from time to time.
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number 6 has been bugging me for 2 days but now it seems too obvious. i guess the problem was that even though i've heard the word i never knew the meaning of it. damn you second language i guess the "dictionary" meaning of the word only covers one thing that it does (paying the miners for their "work") and not the other (introducing new supply into circulation). a sum of money granted by the state or a public body to help an industry or business keep the price of a commodity or service low.
ps: it was fun, thanks.
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I really like the concept of Bitcoin, and believe that it has great potential for mass adoption.
well, the "concept of bitcoin" which you claim to like is not about some virtual thing that you buy, hold and make (fiat) profit! this concept is about having a "currency" that works globally without a boarder or middle man, so it can not be controlled, censored, closed down, confiscated,... so if you really understood this concept and liked it then you already know that it is never late to start using the unique decentralized currency of the world.
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that is absurd to even begin to compare Petro, a 100% centralized coin created by a government with bitcoin, a 100% decentralized currency that nobody could even control. if that were the reason then he should start with US dollar and shut that down since 99% of the criminal activities are being done using US dollar
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It would be great to see that chart overplayed onto the price chart to see which one moves ahead (so to speak). Price moved up earlier this year, causing more miners to come on board, so probably hash rate follows price?
it is one of the many factors but at a slower response rate (meaning it happens a while after the price went up already). but i believe this particular spike in hashrate is due to Bitmain getting ready to release a new version of their ASIC miner with more efficiency hence a higher hashrate. they usually test these things out and there is always a spike like this.
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this method of creating a wallet only works for collectibles not an actual wallet. with a collectible the focus is mostly on uniqueness of the design and its looks so the security might not be the priority there.
for a wallet, to actually store funds and be secure the only way this could work is if they gave the option to the user to send them an encrypted key for them to print and then stick that scratchable on top of it. that simply eliminates any chance of them scamming anyone (unless user chooses 123 as their pass!)
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This is a good forum, you just need to look in the right boards.
Yes good point. It seems a common message is this forum is on decline from its high point. Not as relevant for crypto and blockchain insight. To me it seems pretty active. there is no decline. i think some people sometimes over exaggerate things when it comes to this forum. like any other public forum, this place grew and that growth attracted all kinds of people. from people who were genuinely interested in bitcoin and learning more to trolls who are here to spam. the "earning" part might sometimes lead to more spammers but they usually are purged from the forum. when you only focus on the spammers and negative part, of course it seems like there is a decline! but why not focus on the positive? as much as there is a growth in spammers, there is a growth in the number of experts that are around here with positive discussions too.
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If user is using old version of Electrum (all version older then 3.3.4), it can happen to him to see pop-up window with message to update Electrum, including link to fake wallet. But that doesn't mean the user's computer is infected, it is just message displayed through legal software, so there is no need to format the disk and install new OS.
I never face this situation. Until now, I thought Electrum doesn't push any pop-up for updating a wallet. How a user can identify if it's the fake link or the original wallet? What exactly will be the message from the official pop-up? How can we distinguish between both the fake one and the original one? Please share a little more information. Thank you. older versions of Electrum had an exploit where the node (server) you connect to could send you a well formatted text (any text) when you tried sending a transaction to inform you of the result after receiving the transaction. result such as "successfully broadcast", "wrong signature", ... and your wallet would just show that message to you. the problem was that this text could be anything. so someone exploited it and sent messages containing his malicious website link and a text telling users to upgrade their wallet using THAT link. it should be mentioned that if the users paid attention to the link or even if they verified the signature after downloading those malicious installers they would have never lost anything! new versions don't have this problem anymore.
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maybe Ran needs to check out some of the videos by Andreas Antonopoulos to realize that explaining bitcoin is not really that hard, it just needs the right person with enough familiarity with bitcoin to be able to explain it correctly and in simple terms to the uninformed audience. here is a link: https://aantonop.com/
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you first start by inventing your own definition of something and then try to convince others to accept YOUR definition of that thing then you continue to make your conclusion based on that initial false definition!
with that logic i can set certain conditions and prove that you don't even exist just because i said so. but you wouldn't cease to exist because of that definition.
it is the same with bitcoin. the definition of money as a medium of exchange is simple and clear. and since bitcoin can be used as a currency, it is a real currency or in the more commonly used term "money".
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i honestly don't understand the point of most of your API calls. for example all the data for orderbooks, ticker, list of coins and markets, ... are already available for exchanges that i have checked (Binance, Bittrex, Poloniex). there is no reason to use a third party.
as for those APIs that require authentication such as making orders, no offense but it is not even safe to trust a third party with it!
the only thing i liked about this was your OHLC API at candles link which is not available for most exchanges. there is also the historical section which seems interesting although i personally can't think of a reason to use it for an "altcoin"!
with all that said, i would be interested in using all of the API calls if it were for an exchange that has a shitty API such as Yobit!
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In addition, the idea is a service for other companies in the crypto space.
then it may be a good idea to first contact some of these "companies" and see whether they are even interested in what you are planning to bring to them before starting to build anything. who knows maybe that way you could save yourself a lot of time and money!
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today was an interesting day for all the "dip buyers" and the whale accumulators who are doing it. initially they started it with large and sudden dump on the market to force the bots with their stop losses to go crazy. the amount dumped was 1500BTC on bitstamp alone but price only went down to $9900 and jumped back up above $10200 ridiculously fast. then they did it again this time to $9855 before it jumped back up to $10100 again. i am curious to see if they do it for the third time today or was that it.
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it really depends on the project itself. you didn't provide any information about it. my experience limits to open source projects that is based on collaboration and contribution of people for free. for that, it is initially hard to find a team but if the project is interesting you can easily find one.
if you are creating a service, a product, ... or anything that involves earning money from the project then you have to start a job interview kind of thing and actually "hire" people with real contracts that outline the legal responsibilities.
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It needs to make a case for that device instead of cartons.
this was more like a prototype and i think the goal was to show that you could build one at home with simple things while keeping the cost minimal ($80) which is why a paperboard box was used, otherwise the cost would have been a lot higher.
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Any ppl try to govern Bitcoin and grap the power and alter it for sake of any hidden agenda, these are the liars. In that view CSW is not, but all others want him to be the liar, don't getting real evidence, rather only fishy hints he might.
he is the liar no matter how you define being a liar means. his attempts has been of power grabbing agenda and personal profit making type. on top of that his lies are not just about claiming to be Satoshi, but insisting on it for years and even be foolish enough to try and convince people with a fake signature thinking the world is stupid enough to not know how cryptography works!
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So, do you think this is a truly revolutionary payment option or is this just an extension of the Chinese surveillance goals?
well, as long as people are paying with anything other than cash (like credit cards,...) they can be tracked so the government can surveil them easily. so this new payment method may not change much about that. it is surely interesting though i am curious to know how accurate it is and how many bugs it has. for example whath appens if you grow facial hair like a mustache or a full beard, will you lose access to your money
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I doubt fear plays into price as much as people think it does. Everyone likes to be the superhero and whenever prices fall a bit they want to be the guy who say "Well I didn't sell because I am not afraid and I am brave and I believe in bitcoin, some other scared afraid people sold with panic" and make themselves feel better and I understand that, everyone wants to be superior than others in every aspect if possible even tho its impossible.
However, I think people are not afraid of bitcoin anymore, at least not on these prices, they think this is something small and tiny and these movements do not make that much difference, dropping from 11k to 9k? Its nothing nowadays, its something we would all expect from bitcoin because its a volatile currency.
fear actually plays a big role in this market specially since it is still a small one that could be greatly affected by fear and the irrational decisions that the traders make. all the spikes and sharp drops are because of fear, the first is fear of missing out or FOMO and the second is fear of losing money or panic sell. in this case the manipulators have been using the CSW drama for a more than 9 months now. first one was successful mainly because market had not yet entered the upward trend but this time it failed because we are in a strong rising mode.
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Hello,
in my opinion it's not difficult to entry the crypto space but the trust level is too low. Many people still think that the crypto space is unsafe, full of scammers and just one bubble. They need more safety and trust and less bad news about scammed people, hacks and exit scams such things scare new people off. It need still more time, more safety regulations or better education about the crypto space for the new people.
of course security or fear of it could make it tougher for people to enter this space and even turn some people around but i think it is not the major reason. the bigger reason is that last part that i bolded. the fact that people need to be educated first since this is all new to them means it takes "effort" to enter so most people being lazy, turn around!
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