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Showing 20 of 72 results by coinhelper
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Board Legal
Re: FBI's Cryptocurrency Fraud Statistics in the US
by
coinhelper
on 29/04/2025, 21:22:31 UTC
Not all crypto is decentralized and permissionless, you are talking about BTC when you name these features, there are a lot of centralized cryptocurrencies, ones that their issuers can even confiscate funds when it is held in your own wallet, like usdt.

Scammers use a lot of tools to scam people, not only crypto, i know a lot of people like to isolate statistics like this to talk bad about BTC and crypto, but they are simply anti-crypto. BTC isn't even a suitable tool to move stolen funds, because of its public ledger, but many people tend to forget that fact.

Yes I did forget about USDC and USDT confiscations. As two of the largest cryptocurrencies they show an example of how a centralised entity can acquire a lot of power in decentralised spaces and no other stablecoin is keeping up with their valuation.

Tether is still a tenth of the valuation of bitcoin though so the PoC still favours decentralised, immutable and permissionless. Since there's so much centralised power on usdt and usdc, it might be interesting to see what happens when something goes wrong and someone acts malicious (like what happened with Terra (USD) but only time will tell on that one).
Post
Topic
Board Lending
Re: web3 development
by
coinhelper
on 28/04/2025, 03:14:46 UTC
i need investor for web3 development. defi features solana network. i need $2k $200 interest rate. every month $700 paid good for 4 months:)

Can you not say more what the investment is doing? Do you have an MVP or model?

$2k sounds wrong. It's too much for building something on your own and too little for getting someone to develop it unless it's simple or you've an efficiency workaround.
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Topic
Board Legal
Re: FBI's Cryptocurrency Fraud Statistics in the US
by
coinhelper
on 28/04/2025, 03:11:56 UTC
In a global economy of at least $60Tr a year, those figures are very tiny.

This unfortunately does mean crypto is good for moving assets because of it's decentralised and permission free/immutable nature and that's always a tradeoff. I'm guessing the crypto is part of a procurement process for something that's easy to move and transfer (like is done with gift cards but I assume that has its limits).

Crypto set an ath and became sensationalised more again in 2024 so it's unsurprising more frauds about investing in it or that panicked people into paying with it came about.
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Topic
Board Speculation
Re: How to calculate Trumps tariff plan.
by
coinhelper
on 18/04/2025, 02:37:51 UTC
Who would want to go into the industry if there is an option to be in a cozy office with a same wage or even a bigger one nowadays?

I know a lot of people that work in offices who would appreciate working in open spaces or doing something more skilled than what most jobs are now - data input and a bit of common logic.

A lot of arts get devalued because people do them as hobbies and that's still a thing being produced but if it were subsidised it could be done more and would see a higher level of interest in people learning the skill.

Like food security/national food strategies, skill conservation is something that helps a country out particularly during wars or crises as you can make individuals easier to train up. A lot of employers dislike individuals from taking on second jobs or side hustles but it can make the economy (and them) more stable overall if they do..
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Topic
Board Bitcoin Discussion
Re: Bitcoin Miners Concerned About Tariffs
by
coinhelper
on 18/04/2025, 02:31:41 UTC
I wondered if a lot of the miners that get squeezed out of the US could just move to Mexico or Canada? It's likely cheaper and if they can incorporate something and run it remotely or find a hosting provider that could do it for them that'll be most of the battle.

It's possibly both a hit and a gain to decentralisation if it loses ground in the US but could gain it elsewhere. Of course if those miners just slowly start to be stunted growth wise but keep running that would mean mining can still happen and miners can strategise their next move.
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Topic
Board Beginners & Help
Re: Are there any airdrop pros here? I'm a beginner and want to learn how to do it.
by
coinhelper
on 17/04/2025, 00:39:04 UTC
Coming at things from a different angle - likely not the one you're thinking. But if you invest time in spaces that are innovative and have real utility on chains with low fees like base, sol and polygon you might find yourself getting an airdrop every once in a while.

I remember getting a jup (Jupiter dex) airdrop a while ago just from using the site a few times it's something to consider but it might not be worth spending too long on it - just if a crypto related site doesn't have its own token yet and is used a lot that might be an opportunity to see if you can wait for the announcement of a new token and buy low once the price has settled or try to connect your wallet and do a few transactions before the airdrop is announced. Due to high fees on the Ethereum chain I wouldn't suggest doing it there and make sure you verify how well sites are used on places like dappradar to ensure they're not malicious fakes - if you don't know what you're doing at all and don't think you can learn it it might be safer to find a different method.
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Topic
Board Bitcoin Discussion
Re: It is crazy to see....
by
coinhelper
on 17/04/2025, 00:31:49 UTC
Longer term - 2 months plus I'm expecting a decent positive recover. It's just in the immediate term, while markers remain more volatile. For me it could go either way.

A 20-30% drop for crypto certainly isn't a bear market - if it were that'd be quite nice though. I think if and when we turn fully bearish again it'll be closer to a 60-80% dip from the new ath that's set.
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Topic
Board Bitcoin Discussion
Re: Is Bitcoin Still a Revolution or Has It Gone Mainstream?
by
coinhelper
on 16/04/2025, 23:08:17 UTC
Has big tech? Look at Amazon, Google, Apple etc. When bitcoin's stopped averaging more than 30% per year for a few years, there'll still be a goldmine of alts that haven't got an ETF that can either act as sandboxed testnets for what bitcoin is capable of or provide separate utility elsewhere.

When innovation happens, it keeps being iterated over, improved on and forked.




That being said, the first and most secure Blockchain (Bitcoin) will set the precedent for everything that follows.
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Topic
Board Altcoin Discussion
Re: Which memes are you scouting?.
by
coinhelper
on 16/04/2025, 23:02:57 UTC
Has anyone got any good picks on Basechain? I've been holding some utility (Dex) tokens there and they've taken a massive hit since I took my initial investment out at a TP.

I could imagine memecoin on there, if they exist, might've been hit hard and might have a higher climb than some of the more established chains. (But higher reward means higher risk).

If you focus on just memes, you are going to lose a lot of money. I highly suggest stop going for memecoins and start looking for other stuff, you are going to end up with a lot of loss if you are not careful.

I think it depends on how much you've got to invest and what risk you can tolerate. If you've not much and can tolerate large risks, it might be worth it when things pump again. But a lot of utility coins are down at least half since Bitcoin's ath so it might make sense to focus on those with a larger portfolio..
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Topic
Board Politics & Society
Re: Europe needs a better local chip production Strategic Agenda
by
coinhelper
on 15/04/2025, 21:24:32 UTC
Europeans are sleeping on the AI market while the rest of the world is feasting on gains. They've got all the ingredients  top tier universities, technical talent, and regulatory framework  but they're moving like they're stuck in dial up era ngl. EU needs to stop overthinking and start building.

I think there's the issue of large private corporation's in the US that function in a multinational environment buying up parents and research as it starts to turn a corner and show it's productive. This is a very common practice in medicine so I can't imagine it not being common in tech too.

It would be down to institutions (universities, government research and private researchers) to not sell their property as soon as they become valuable or for the EU and national governments to make an R&D fund that buys these - but they'd be competing with large us multinational organisations that have highly efficient and competitive models because they fail and go bankrupt if they don't.



As far as I'm aware, Philips (from the Netherlands) were a large early investor in TSMC - who sold up the shares they bought early on to invest in healthcare related products...
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Topic
Board Speculation
Re: Is anyone expecting a drop to $60k before the next ATH?
by
coinhelper
on 14/04/2025, 12:24:42 UTC
I do, because I believed the market would remain bearish and continue to drop. Even though we’ve recovered to $80K now, I still don’t think it’s safe as we haven’t truly returned to a bullish trend yet, as prices have stabilized at the current level.

I was expecting a deeper dip since I wanted to buy Bitcoin at a lower price, but that didn’t happen. Luckily, I already bought during the $70K dip, so I’m happy with my small profit in such a short time.

Yeah I was holding out for my $60k and then gave up at the $77k mark with those funds because I'm not a fan of setting limit orders and adding to buy walls (and my own resistance).

Maybe OP saw or read Robert Kiyosaki's tweet prediction on Twitter circulating on the internet that after reaching 100K Bitcoin will drop to 60K and then will go back up to reach a new ATH, and his prediction does make a little sense, but in reality the price of Bitcoin did not reach 60K.
I saw more than that.

When bitcoin was falling and it fall below $80000, I started to see pessimistic predictions including a Bloomberg analyst that said bitcoin will fall to $10000.

 For the one for $60000, I also saw this also: https://cointelegraph.com/news/how-low-can-the-bitcoin-price-go

They just want to create fear but bitcoin is better did not go below $74500.

It's possible that $60k stuck in my mind after seeing that headline somewhere. I don't look at many price predictions unless people have proven themselves before. But it is based in technical analysis because it is a strong accumulation zone. I don't think we'll drop below $20-32k at the end of this bull cycle to mark the bearish one. I don't want us to be stuck at $10k again we were there for too long, same goes for $16k.

I think long term bitcoin's obviously going past $1M, I'm just wondering where it'll stop along the way and where the best points for accumulation could be.

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Topic
Board Altcoin Discussion
Re: Ether’s Deflation Promise Continues to Remain Unmet
by
coinhelper
on 14/04/2025, 00:16:57 UTC
What I've noticed when I've talked about Ethereum a few times recently is that there isn't as much engagement in the discussions as there was when Ethereum was in a better position.

Silence often means things are being developed in the background or that it's waiting for resurgence. Voids in this space usually get filled. There'll probably be another hard fork soon enough and everyone who cares will go back to rallying behind it again.




I think the inflationary issue was always going to come out with the idea of staking. I'm not sure they meant to let people stake below the 33 ETH or whatever the initial point was set at but I reckon that's caused some issues. The 8% return is far higher than you can get anywhere else (especially at the moment).
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Topic
Board Speculation
Re: How to calculate Trumps tariff plan.
by
coinhelper
on 14/04/2025, 00:11:29 UTC
I think he needs to start subsidising American industry instead. He can do both at once but if the government are not actively investing in industry and other methods to mitigate with the tariffs (especially with the money raised) it's a foolish endeavour.

I saw people on Tiktok and other social media saying AI chatbots (chatgpt) was the actual thing that came up with the reciprocal tariff formula.

Also, the UK doesn't have a trade deficit with the US. That's likely also true for the Taliban that got a 10% tariff, the formula just probably added a floor so no one (but Russia of course) scored zero.
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Topic
Board Bitcoin Discussion
Re: Satoshi Nakamoto is back
by
coinhelper
on 14/04/2025, 00:00:41 UTC
Nah, this is not the first time that his email was hacked, way back in 2014, satoshin@gmx.com is compromised.

And we all know that he has left already, so it's better to really stop with this kind of speculation that he is back, because he won't.

I know why we can't know but his password would be a good clue to getting a more solid picture of who he was.



He did come to bitcointalk after creating the bitcintalk forum and creating bitcoin's software, I'd imagine if he came back to develop things (or stuck around under a pseudonym) he'd bring things that were built well and not come back with an idea of something he might make.
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Topic
Board Speculation
Topic OP
Is anyone expecting a drop to $60k before the next ATH?
by
coinhelper
on 13/04/2025, 23:52:44 UTC
I think it's likely we'll go over the $100k price again this cycle and that we'll set a new ATH.

It's just that, from a support and resistance standpoint, $70k looks like it could give us some strength to push higher if we pull back to it and even crash through to neutral ~$60k before going higher. I'm still invested because I think this'd be a flash crash scenario and I usually miss those.
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Topic
Board Politics & Society
Re: Europe needs a better local chip production Strategic Agenda
by
coinhelper
on 13/04/2025, 23:33:47 UTC
They have ASML, that's pretty strategic. (Most of the technology used by the Taiwanese semiconductor company relies on the 3D silicone printing done by ASML).
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Topic
Board Politics & Society
Re: How 37 banks became 4 in just 2 decades in One chart
by
coinhelper
on 13/02/2016, 00:22:09 UTC


It's funny how different that looks compared to UK.
Many banks are now surviving well in the UK and are separating after joining a few decades ago (due to EU law, there is a certain number of branches that one company can have).
Be a good thing to watch/invest in (share wise) at this stage considering the number of banks hat are left.
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Topic
Board Off-topic
Re: I want to make a bitcoin lottery website
by
coinhelper
on 06/02/2016, 16:38:54 UTC
Alright guys, I've made a form here's the link:
https://docs.google.com/forms/d/1aJjefep3kA2aaYMNSkHdOr4c3F3E6CB0Mmki12bJuHo/viewform
How will it work(you may modify and make it better)
- You visit the address to make sure the balance is less than 3BTC(considering 3000 draws are to be made) so that you don't place any bets after that.
- You send the defined amount(0.001BTC) to the address, then you fill out the form.
- Any user exceeding the limit is refunded(3001st, 3002nd,... pay).
- Randomly select a number
- Send the prize to the winner
- Make the sheet public.

It would be much better if you put the number of tickets the user wants, the bitcoin address and a confirmation service to ensure it has sent, otherwise, people may get confused!

HASHNEST also don't have a licence for gambling (as they are a trade platform).
The number should be selected from blocks on blockchain, or last entrant, or even subtracting their time in seconds of the last block-the last bet (seconds) giving you a number that can be ued.

Post
Topic
Board Off-topic
Re: I want to make a bitcoin lottery website
by
coinhelper
on 05/02/2016, 18:27:46 UTC
Hi,
You guys must be aware of the popular cloudmining website Hasnet.com
Yes you are, most of you, definitely! Here's the thing: they have lucky hash where you get to buy tickets(max 100 per round per user) priced at 0.001BTC each. At the end of the round a lucky draw is carried out and winner takes all i.e ~3BTC worth Antminer s7.
I'm interested in making a similar website where you get 2.9 BTC and we keep the 0.1BTC for running the website, etc.
How's the idea? i know it's stolen but will it work? Anyone thinks it's cool? If a site like that is up and running we could even use Blockchain based gaming interface or session based game integration like just-dice or satoshidice. What say folks?
P. S.- I'm not a programmer.

This could work!
Remove the maximum (that would just annoy).
Ask people to input, no need really to have a website, just do it manually on the forum in games and rounds section.
Pay 2.999 to each user (at the start).
Sell 3000 tickets and pay instantly (based on last block not next).

Probably better to start with 500 tickets and a prize of 0.495BTC to get te word of moth going and the game to be trustworthy.

If you do it through the forum, let me know and I can maybe help.  Even doing it through here, you should probably have at least a one page website where people can see things like the history.

You could easily use a spreadsheet from google docs with an archive  old results and one page of the newest result and the winer, along with te infomration used to calculate it!

If you want to do this on the forum, I could probably help you.
It would look better as no one would accuse me as a signature spammer or anything.
I have a few ideas to contribute to this as well for a 50% share of your profits.
Post
Topic
Board Off-topic
Re: I want to make a bitcoin lottery website
by
coinhelper
on 05/02/2016, 18:18:15 UTC
Hi,
You guys must be aware of the popular cloudmining website Hasnet.com
Yes you are, most of you, definitely! Here's the thing: they have lucky hash where you get to buy tickets(max 100 per round per user) priced at 0.001BTC each. At the end of the round a lucky draw is carried out and winner takes all i.e ~3BTC worth Antminer s7.
I'm interested in making a similar website where you get 2.9 BTC and we keep the 0.1BTC for running the website, etc.
How's the idea? i know it's stolen but will it work? Anyone thinks it's cool? If a site like that is up and running we could even use Blockchain based gaming interface or session based game integration like just-dice or satoshidice. What say folks?
P. S.- I'm not a programmer.

This could work!
Remove the maximum (that would just annoy).
Ask people to input, no need really to have a website, just do it manually on the forum in games and rounds section.
Pay 2.999 to each user (at the start).
Sell 3000 tickets and pay instantly (based on last block not next).

Probably better to start with 500 tickets and a prize of 0.495BTC to get te word of moth going and the game to be trustworthy.