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1  Alternate cryptocurrencies / Altcoin Discussion / Re: I have some 16000 usd but need to know investment portion on: February 22, 2021, 04:12:05 AM

i have done many jobs and hard earned 16000usd. If i invest on INJ , ETH, DOt or any other potential coin. What is the investment amount or ration that would you all recommended ?

1000$ or 3000$ or 100$ or any other amount?


Don't put all your hard earned money into Alt coins! If I were you, I'd atleast put half of it into US index funds.
2  Bitcoin / Bitcoin Discussion / Re: Why Bit Coin Doesn't Work As A Hedge If Fiat Currencies Collapse on: February 22, 2021, 03:09:58 AM
Imagine the following scenario:

-world economy crashes
-ALL FIAT dollars are worth ZERO. 0
-bit coin is worth literally nothing because the money that gave it value is gone
-coiner walks into gun dealer and says "I want a gun, I got my bit coins"
-Gun Dealer LOLZ in his face cause bit coin is worth 0
-coiner goes home and kills himself.

That's a possibility. But, that's why you should hold other hedge like gold and silver.
3  Bitcoin / Bitcoin Discussion / Re: Something to consider when selling your BTC... on: February 21, 2021, 09:56:30 PM
It doesn't hurt to diversify though.
If your portfolio is getting too BTC heavy, you can sell some to rebalance into alt coins or stocks or whatever.
I believe in Bitcoin but I don't want 100% of my assets to be in BTC just incase something like cracking of SHA-256 happens.
4  Bitcoin / Bitcoin Discussion / Re: Should the Crypto Community Be Worried About the Oil Crash? on: March 10, 2020, 12:23:20 AM
Cheap oil=Cheap energy=Cheaper mining=Cheaper Bitcoin
5  Bitcoin / Bitcoin Discussion / Re: Courts Will Seize BTC With Miners' Help: Self-Proclaimed Satoshi Craig Wright on: March 01, 2020, 06:54:40 AM


Will miners come together and roll back the blockchain? Craig Wright seems to think so, or is he spreading fud and lying again like usual?? i doubt that this will occur.


It's even difficult for the bitcoin team to bring together miners to decide for an improvement. I highly doubt miners would be convinced to roll back everytime a court rules them to. Miners are not a centrally registered industry and even if we are able to track and contact 51% of miners, they are not bound to follow the court rules that are not coming through their jurisdiction. And rolling back are always a financial loss to the miners.

This is the beauty of decentralization. Let's say you are a miner in China and US court is telling you to enforce some rules of them. You can just throw them a middle finger.
6  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency vs. Fiat currency. on: March 01, 2020, 05:21:24 AM
I was in Japan last month and I used cashless payments at 7/11 and other convenience stores. It's pretty much like crypto where you show QR code at the register and they scan it.
If stores started accepting crypto for payments like this, I think I would use crypto. No need to worry about getting change or finding the right bills in your wallet. Just pull up your QR code before you walk up to the register and scan.

I'm hoping one day this will be possible.
7  Economy / Marketplace / Re: I need 5 sources of revenue to generate $200 each per month - Ideas? on: February 27, 2020, 06:19:22 AM
You can try writing blogs on Publish0x.
https://www.publish0x.com?a=MYer4lEbOB
I'm currently getting about $2 in crypto for every article I write. So if you write 100 articles, thats $200! Tongue
8  Bitcoin / Wallet software / Re: Best Linux Wallet 2019 on: April 18, 2019, 05:45:00 PM
Are you talking about the python compatibility issues? There's outdated python repos on a lot of Linux distros and I tried installing it from source but it just kept failing for random reasons so if that's the sane issue as you then I suggest you wait (wasabi was previously suggested but afaik armory needs bitcoin core).

Yup, that's the issue I was having.


Just tested it with Debian stable (testing has newer versions), and it seems it really only has python 3.5.3 in its repositories while electrum needs python 3.6.

However, it can be installed this way (python 3.6.3; just tested on debian stable):
Code:
wget https://www.python.org/ftp/python/3.6.3/Python-3.6.3.tgz
tar xvf Python-3.6.3.tgz
cd Python-3.6.3
./configure --enable-optimizations
make -j8
sudo make altinstall

You will have python3 (3.5.3) and python3.6 installed.

Then you'll need to install pyqt5 via:
Code:
sudo pip3.6 install pyqt5

Afterwards electrum can be run using:
Code:
python3.6 run_electrum

inside of the electrum directory.


Of course this also works with newer versions of python.


I will give this a try.
9  Bitcoin / Wallet software / Best Linux Wallet 2019 on: April 18, 2019, 06:02:45 AM
Electrum's support for linux is lacking and there's that whole phishing issue from few months ago so I want to switch to a different wallet.
What in your opinion in the best Linux wallet?
I'm not interested in the Bitcoin core since I don't want to wait a whole week to download the whole blockchain.
10  Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin? on: March 23, 2016, 12:56:38 PM
For me, its that nothing that I pay for accepts payments in Bitcoin yet (Gas, car insurance, electric bill, AT&T bill, etc.)
Also, another thing is, why pay 1% in transaction fees when you can get 1-5% cash back using your credit card?
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