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Showing 16 of 16 results by BitHeir
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Topic
Board Altcoin Discussion
Re: Which blockchain has the highest rated TPS?
by
BitHeir
on 01/01/2024, 04:58:06 UTC
Is high TPS important for security of my fund transaction through a blockchain?

I would like to choose a blockchain that can provide me best security, not with fastest transaction time.

Another thing I consider is cheap transaction fee but it must come together with that blockchain infrastructure for my transaction security.
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Topic
Board Beginners & Help
Re: Unstable prices of cryptocurrency
by
BitHeir
on 18/12/2023, 07:53:44 UTC
We need to understand many things about the liquidity of Bitcoin and what it can cause in the market.
Is Liquidity related to altcoins, not Bitcoin?

Bitcoin does not have staking pools and it only has Trading volume.
Altcoins have Proof of Stake or staking pools with their promised APYs, and they have Liquidity pools too.
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Topic
Board Altcoin Discussion
Re: What's your favourite Alt-Coin, and why?
by
BitHeir
on 10/11/2023, 03:32:51 UTC
My favorite altcoin is Terra Classic LUNC. There are efforts from Terra Classic community to burn the token and reduce its total supply.

https://www.luncmetrics.com/

It's about 1% of its total supply has been burned since May 2022 when the Terra LUNA crash.
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Topic
Board Economics
Re: Elon Musk and the fall of Twitter
by
BitHeir
on 21/10/2023, 04:10:02 UTC
Well now Elon Musk is consdiering to take Twitter out of the EU because of the investigation in compliance. It has to do with the new rules created in August called the Digital Services Act (DSA).

I think Elon Musk just is upset with EU watching his moves. I do not really think he will remove it from EU. https://www.reuters.com/technology/musk-considers-removing-x-platform-europe-over-eu-law-insider-2023-10-18/
Elon Musk bought Twitter, changed it to X in name and made many big changes in the company to serve his vision. At the same time, he must keep that social media platform is profitable by keeping advertisers and corporations on the platform.

It will be challenged by many laws, regulations in Europe and other nations and if Elon Musk continues to direct X to be a social media platform for freedom of opinion, the platform will get more legal issues.

I still think that he will not change if X continues to improve in next like 6 months or 1 year but recent news from Europe is not actually good and expected by Elon Musk.
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Topic
Board Altcoin Discussion
Re: ETH's Endgame
by
BitHeir
on 09/09/2023, 04:03:34 UTC
Satoshi Nakamoto never revealed himself to the public, so his absence didn't have a negative effect over BTC's price. With Ethereum, it's different. So many people have associated ETH with Vitalik Buterin these days. If he's dead, you can bet market prices will dump real hard due to panic selling. I know the project has other people behind it, but things won't be the same as they were with Vitalik on-board.
I don't think we must to bet anything because Ethereum suffered fud in the past about Vitalik's death.

Vitalik had to make a self-fie to prove that he was not dead.

Vitalik really want you to know "He isn't dead".
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Topic
Board Economics
Re: Is market manipulation a common occurrence everywhere?
by
BitHeir
on 30/08/2023, 01:56:26 UTC
Manipulation is of course everywhere. All you have to do is look at banks being fined for this activity to know it’s a common occurrence. I think this sort of market manipulation is probably present in every aspect of pricing in society. It’s what people do when it comes to money and especially in finance, is not surprising.
Market manipulation affects us more if we are trading but less affects us if we hold our bitcoins.

Price can have big changes on market in a day, a week or a month but after one year, Bitcoin has good price growth that can help us to gain profit. If we don't trade, you can avoid manipulation effects.

Yearly candles with 15 year candles, only has 3 red year candles.
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Topic
Board Economics
Re: Russian oil and UK
by
BitHeir
on 31/07/2023, 04:23:23 UTC
There are massive sanctions globally against products from Russia including Russian oil, crude oil to reduce source of income for Russia and restrict their financial flow for their war against Ukraine.

It is a massive sanction efforts from the Western nations but there are always dark markets and Russia actually have some friendly nations to make business deals like China, North Korea, India and countries from Africa.

However sanctions actually reduce their income and their ability to buy and produce more ammunition, armed vehicles because no sanctions can be perfect in reality.
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Topic
Board Economics
Re: Inflation is making a mess of my savings.
by
BitHeir
on 24/07/2023, 03:21:20 UTC
The purchasing powers of citizens are getting weak and I don't understand if the consumer protection laws are even effective anymore this days.
You buy something for a certain amount today, in the next one week, that same item you bought  has charged Prince without any reason.
How are you guys pulling it through with this inflation?
Inflation from fiat currencies is bad and it happens in all nations, just more or less, inflationary or hyper inflationary.

You got problems with your savings because you chose wrong assets for your savings. If you picked a fiat currency for your savings, your saving interest annually can not cover the inflation rate annually in your nation.

If you look at alternatives like Gold or Bitcoin, you will have less problems from fiat inflation.
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Topic
Board Economics
Re: Cz or the Sec who would you support?
by
BitHeir
on 15/07/2023, 02:32:33 UTC
I also don't really understand about china because they ban Bitcoin but HongKong is allowed crypto there and even regulated there and you might know that Hongkong is a special administrative region of China. and they even want to become a web3 hub for the Crypto Sector - https://www.bloomberg.com/news/articles/2023-07-05/why-hong-kong-wants-to-be-a-hub-for-the-crypto-sector
Hongkong belongs to China but it has a different political, economic and social structures than China mainland. At least till now, the China mainlaind has yet fully controlled Hongkong in all aspect of social operations on the island.

Quote
and other cases is Judge rules XRP is not a security in SEC's case against Ripple - https://cointelegraph.com/news/ripple-wins-case-against-sec-as-judge-rules-xrp-is-not-a-security
That is a massive winning for cryptocurrency and blockchain industry. Many cryptocurrency companies and projects can celebrate this winning together with Ripple XRP no matter they like Ripple or don't like Ripple.
Post
Topic
Board Altcoin Discussion
Re: Which campaign is better? Bounty campaign or Signature campaign?
by
BitHeir
on 26/06/2023, 03:30:35 UTC
I will also says signature campaigns, based on what this community is all about, that's why this community become one of the well-known as it started this whole signature campaign first that pays in bitcoin and then later it evolved in bounty paying campaigns which is in token.

And historically, there are bounty that didn't end well, becoming a scam, and so the project failed miserably and then participants complaining about the rewards and so there are scam accusations on a bounty campaign. So for me it's better to go for signature campaign first and then measure how effective it is.
Bounties are more in quantity than signature campaigns. If I can not join signature campaigns because I am a newbie, can not meet criteria from signature campaigns, I can choose bounties as my alternative jobs.

I don't think it is bad choice for a newbie but I will consider your advice more. I don't want to join bounties and waste my time and end it with nothing.
Post
Topic
Board Speculation (Altcoins)
Re: price of CAKE $50 realistic?
by
BitHeir
on 08/06/2023, 03:35:24 UTC
it will still need about 50 times of its current price though which proven difficult how the situation currently now, it might be realistic if we were in bullish but right now the market seems grim, so realistically such price will not be reached this year.
If $CAKE and $UNI can not recover to like half of their all time highs in 2024 and 2025 bull run market, it will be a very big lesson for investors who believe in top altcoins.

Uniswap and Pancakeswap are very big decentralized exchanges but their tokens fail to keep their prices in this bearish year. It is very big loss for any investor bought those tokens 2 years ago even with prices about half of all time highs.
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Topic
Board Beginners & Help
Re: IOVLabs Launches a $2.5M grants program and the Scaling Bitcoin Hackathon
by
BitHeir
on 18/05/2023, 02:47:21 UTC
   IOVLabs, one of the global blockchain technology leaders, announced the launch of a $2.5 million strategic grants program to further enhance the development and adoption of Rootstock, the world’s first Bitcoin sidechain which has become a growing hub of DeFi activity on the Bitcoin network.
I felt interested in but when I read about DeFi, I stopped.

DeFi is full of scams and that branch can be exploited a lot by Ponzi scheme operators. Bitcoin can be used for all people and they can use Bitcoin as an attractive reason to get new members for their Ponzi schemes with DeFi and high APYs.

With Bitcoin, you don't need DeFi to gain profit.

Buy, store and hold Bitcoin in your self custody wallet is enough. "Not your keys, not your coins".
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Topic
Board Beginners & Help
Re: THE WAY FORWARD
by
BitHeir
on 15/05/2023, 03:30:42 UTC
Great to have you here. You can browse throw the threads of rules and regulations, and also in this board of Beginners & Help
I don't digest all those topics but I want to share them to OP. Those topics can be useful for OP.

Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ
[Bitcointalk sticky threads] Newbies - read before starting.
Beginners & Help Encyclopedia
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Topic
Board Beginners & Help
Re: What is happening with mempool? Can someone please ELI5?
by
BitHeir
on 08/05/2023, 13:10:24 UTC
I am reading about Ordinals, Taproot and about 400k blocks waiting in the que in mempool.
Sorry but where to check there are 400k blocks waiting in mempool queue?
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Topic
Board Beginners & Help
Re: Why did you chose bitcoin?
by
BitHeir
on 13/04/2023, 10:21:52 UTC
I would like to share this with you and suggest that you analyze it yourself

Quote
Bitcoin has died 473 times

From Bitcoin Obituaries - "Bitcoin is Dead" Declared 400+ Times
https://99bitcoins.com/bitcoin-obituaries/
A better way to see how strong Bitcoin is since 2009 is seeing a visual chart for "Bitcoin is dead"
https://buybitcoinworldwide.com/bitcoin-is-dead/

Year over year, there are less callings "Bitcoin is dead" because people just realized that Bitcoin won't die. Less people think it will die.
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Topic
Board Bitcoin Discussion
Re: I found this meet satoshi nakamoto
by
BitHeir
on 26/03/2023, 03:23:53 UTC
I was came across this video https://www.youtube.com/watch?v=_iMwixTBsb0
i think this guy is giving solid proof of, who is satoshi nakamoto, and do not understood full video , so please explain what was in the video in simple words,
Just shared bcause curiosity,

and gavin aderson also involved ? is there any other thread solely on investigation of 'who have most probability of being satoshi' then please share that.
Gavin Andresen is not Satoshi Nakamoto, neither is Hal Finney, Martti Malmi (sirius).

Gavin Andresen is one of early contributors https://github.com/bitcoin/bitcoin/graphs/contributors?from=2009-08-30&to=2010-12-31&type=c