Bitcoin Forum
June 29, 2024, 03:20:47 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 [9] 10 »
 81 
 on: Today at 10:41:01 AM 
Started by larry_vw_1955 - Last post by shield132
that's why bitcoin struggles once it gets to about $70,000 because no one is really using it for any real world use cases, they are just hodling. hoping to sell it for more than they bought it.
"Hodling" is a real-world use case lol. I don't really know why a lot of people are so against holding as if investing in an asset that you think will increase is a bad thing.
I am against holding because holding does nothing good for the community. Forget Bitcoin for a second and talk about cash. What's the point of holding money? Money has to be in circulation in order to create goods, create services and etc... If we hold money, nothing will be done. That's why I am against holding. Yes, I know that the more people hold Bitcoin the higher it's value will be because there is an increasing demand on Bitcoin but for it's massive adoption and usage, we need less holders and more active users.

It's not surprising that wallet activity is low: traders use crypto exchanges rather than noncustodial wallets, and those keeping BTC in their wallets are waiting for a proper bull run. It's a temporary phenomenon.
This is the best explanation but it's also sad that traders use crypto exchanges despite the fact what happened to FTX and other exchanges.

 82 
 on: Today at 10:39:10 AM 
Started by Jean_Luc - Last post by casinotester0001
Testing JLP's kangaroo with an RTX 4090 and getting a speed of 2230 MK/s.
What speeds are you getting? eg. for RTX 3080, RTX 3080Ti, RTX 3090, RTX 4080

...
NotATether, what is your speed experience for GPUs?

 83 
 on: Today at 10:32:10 AM 
Started by larry_vw_1955 - Last post by Lucius
~snip~
that's why i'm starting to think that ethereum will eventually overtake bitcoin in usefulness in the real world since ethereum seems to be upgrading their network and really pushing the envelope. not that i'm a huge fan of ethereum but the writing is on the wall about that. eth has more development efforts going into it than bitcoin for sure.


You're in a pessimistic mood these days, aren't you? First, it annoys you that supposedly someone sent 50 BTC to CEX, now suddenly BTC is useless and you claim that an altcoin that is completely centralized, pre-mined and without max supply will become more useful (and more expensive, I guess) than BTC?

Maybe take a little break and come back in a few months, it will be easier for you when the new bull run starts (or maybe not) Wink

 84 
 on: Today at 10:31:38 AM 
Started by bbc.reporter - Last post by legendbtc

And don't forget that current framework for crypto regulations were accepted during 2019 when Trump was in office.
-cut-
I don't know any crypto investors who hate Trump and support Biden, but I thought you might know about the news that the Winklevoss twins donated $2 million to Mr. Trump's election campaign.
Do you think the first bitcoin investors were stupid to support Mr. Trump? Do you think they don't know what he did in the past with bitcoin? But why do they still support him and not Biden? They are investors from the US market and I believe they understand what is happening there better than us.

They also gave reasons why they supported Mr. Trump and not Biden on their X account, I think you should take the time to read to understand better why they decided to support Mr. Trump.
Just because people hate both parties, they might vote for lesser evil. And if you have at all read let's say r/cryptocurrency, or even this forum, there are lots of people loathing Trump. And i would say that in r/cryptocurrency, majority seems to NOT be on trump's side.


I also use reddit but not often, I know the r/cryptocurrency board has more than 8.2 million members but less than 1000 active members and there are also members who support Mr. Trump. Like bitcointalk, how many members do you think are from the US? Therefore, it can be said that the community at r/cryptocurrency and bitcointalk is not representative of the entire cryptocurrency industry or investors in the US. Meanwhile, it can be seen that top investors in the US are voting for Mr. Trump instead of the current administration.

In addition to the Winklevoss twins, recently Cathie Wood, CEO of Ark Invest, also said she plans to vote for Mr. Trump because of the US economy. And yet, billionaire Mark Cuban also thinks that Trump can win against President Biden thanks to cryptocurrency.

Rich or poor, they only have 1 vote and can only support 1 person, what I care about is that their vision will certainly be different and from there will create a different economy. Why do we also want to be rich but think the rich people's choices are wrong?



https://www.theblock.co/post/301370/ark-invest-ceo-cathie-wood-will-vote-for-trump
https://www.newsweek.com/mark-cuban-crypto-biden-sec-regulation-election-1913224

This Winklevoss twins, grandma Cathie Wood and baldman Brian Armstrong are nothing if we are talking about their support for Trump. What we should be very concerning for the people in the cryptospace who do not like to vote for Trump is the support of the new mayor of bitcoin Larry Fink. Who is this man supporting, Trump or Biden?

However, it is mentioned in some articles that Larry Fink has been a supporter of the Democratic party. It is very uncommon for these people to change their support to another party. But if he is silent, this might be a signal that he is not very confident on Biden as a candidate to support bitcoin and the cryptospace.


I haven't even heard any rumors about Larry Fink supporting the democratic party because as far as I know there are many billionaires or influential people who don't publicly support anyone, they don't want anyone to have anything to do with politics. But one thing we need to admit is that in yesterday's debate, neither of them mentioned cryptocurrencies.
By the way, if he really supports the Democratic Party, I hope Mr. Larry Fink watched yesterday's debate and made a final decision  Cheesy Grin Cheesy.

In addition, according to some surveys, what American citizens care about most is prices, food prices, fuel prices, costs of buying or renting a house, crime...So votes from cryptocurrency cannot decide victory for anyone.

 85 
 on: Today at 10:26:25 AM 
Started by BlackHatCoiner - Last post by GbitG
Bitcoin looks so promising but does not guarantee a long-lasting opportunity that makes some people go crazy. But I won't say we should not invest and take this opportunity instead, let us just do it for now while it is still profitable rather than regrets.

What makes you think or say so? The whole world today thinks that Bitcoin is a great asset for future investments, most are also considering it for their retirement or early retirement because they feel it has the potential to provide them great profits in the distant future if they save their money in it at present.

I know that many of us only look at the smaller picture and think only about the present or the near future, but looking at a wider picture, Bitcoin can reach great heights. Imagine, if it could reach this far only within 15 years or so, where would it be in a few decades?

We might not be alive to see it, but Bitcoin will surely touch great heights in the distant future.

 86 
 on: Today at 10:26:10 AM 
Started by krishnaverma - Last post by legendbtc
Bitcoin is very young, its market cap is still very small, and daily trading volume is low at only 30-40 billion dollars. Most people don't understand what Bitcoin is, which affects its volatility. Due to this lack of understanding, we experience panic selling, but this is changing over time. Volatility is decreasing and will continue to decrease as time goes on. When it reaches a larger market cap, Bitcoin will likely move in correlation with gold.

Don't forget that in addition to the decentralized nature that makes bitcoin so attractive, its volatility is also an important factor that attracts many people. If we conducted a survey and everyone answered honestly, I believe up to 90% of people are in the market because of the high returns that bitcoin can bring rather than because of its use case. Therefore, bitcoin becoming as stable as gold will not be what many people want. Not only bitcoin, the cryptocurrency market is also famous and attracts people's attention because of its volatility. I bet there aren't many people who wish volatility would go away.

But if you compare bitcoin to gold and expect it to equal or surpass gold, its volatility is not going away anytime soon. Bitcoin's capitalization only reached 1.2 trillion USD while gold has surpassed 15 trillion USD, a huge gap.



https://ingoldwetrust.report/chart-gold-bitcoin-marketcap/?lang=en

 87 
 on: Today at 10:18:34 AM 
Started by DrHodler59 - Last post by justdimin
There are some reasonable avenues of concern with Bitcoin. Mining does take a lot of energy, and energy can sometimes be scarce and also often come from very ecologically harmful sources. Bitcoin can also be very volatile, which can make some people, who are more used to fiat, very nervous. But the biggest challenge, I believe, is scalability. Once there's more adoption, the network gets congested, the fees spike, and transactions get stuck. That's a big problem if we want mass adoption of Bitcoin. As for a response, there are centralized solutions offering 'instant' transactions if that's what one's looking for, and some middle ground solutions like the Lightning Network, although I'm not sure how efficient it is these days.
The thing is that energy consumption isn't what people should worry about because mining bitcoin does cover a lot of energy and yet total combined isn't as much as people think it is so that is not the real worry, we should consider that energy is something that could be made for them as well because they could use solar or wind too.

I think the biggest issue for users is the fee and timing, you send some bitcoin and the transaction costs so much and it happens sometimes as late as half an hour later, that is our biggest issue. I get that people could be looking into something different at times, but we shouldn't really be worried about it. We need to consider the fact that we should find a solution to that if we know what we are doing.

 88 
 on: Today at 10:11:39 AM 
Started by Alpha Marine - Last post by legendbtc

However, my second point is that it's true that the price a year ago was half of what it is now, but it doesn't show the full picture. The price was also a bit higher in November 2021, which was a little more than 2.5 years ago, and it was almost the same in April 2021, which was more than 3 years ago. So there is reasonable concern regarding long-term investment if the price was the same 3 years ago and Bitcoin doesn't seem to be able to grow significantly beyond that.

Not everyone can buy bitcoin at low prices like during the 2022 bear season, and many people bought bitcoin at 65k-69k$ 3 years ago as you mentioned. If someone buys bitcoin for $69k and 3 years have passed and they are still losing money then clearly bitcoin is doing very badly in their case. So you're right, whether bitcoin is doing well or not depends on each person's thinking, depending on the price at which they bought it.

This is why I always oppose some people who advocate newbies investing in bitcoin without looking at the price. It is true that the market needs liquidity but we should not advise others to buy bitcoin when we are at the end of the bull cycle and bitcoin has peaked or is near the peak. Many people say that those who buy bitcoin at 69k in 2021 will not lose money because they have not sold bitcoin, they are not wrong but to me, it is a failed investment because it has not generated any significant profit for 3 years.

 89 
 on: Today at 10:11:23 AM 
Started by krishnaverma - Last post by michellee
I don't panic when the Bitcoin price falls by 10%-20% because I am sure the price will increase back. Even if that will needs longer than I can expect, I will still waits for that. When Bitcoin price falls, I can buy back more Bitcoin at a low price.

I don't affect by that price drops because I have seen that many times before. I will not stops to keeps buying Bitcoin and saving Bitcoin in my wallets. You must calm down your minds and not thinks to sell your Bitcoin at the dips because that will makes you lose your Bitcoin while you will difficult to buy Bitcoin at a low price.

You can stay away from the market for a while if you see the price falls. That will helps you to control your feelings about the market. Besides that, you can do many things to avoids the thinking of Bitcoin price that still at a low price.

 90 
 on: Today at 10:03:56 AM 
Started by acme89 - Last post by YogiBear77
I would delete the original file (but previously I would save it as an empty file).

It won't be effective

You should use something like shred command in Linux

I've found one tool on github (the link is below) for encrypting and decrypting text with password, but I am curious how secure that method of encrypting is, and are there any stronger algorithms for encrypting and decrypting text with a password?

https://github.com/blws/text-encrypt

You should use GPG or openssl

.


Pages: « 1 2 3 4 5 6 7 8 [9] 10 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!