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Showing 20 of 449 results by riiiiising
What should I buy?any advice?
Neither. If you are asking this then you have no idea what you're doing and you don't know the differences (at least as investment) between the two coins.
Learn more and then you'll know what to do. A 250$ investment is not that time critical.
will bitcoin cash increase 50% more from its price today? or I just go to bitcoin cause it's more safe?
Do you expect us to have a crystal globe and predict the future?
Neither is really safe, it just .. one is altcoin, hence in theory even more volatile than Bitcoin; also it can be the subject of heavy price manipulation. And the other one is Bitcoin, which, now it goes downside although it's expected to be in the middle of bull run.
As I said, you have to read more and decide for yourself.
I think to become a good trader reading doesn't help a lot. What helps is experiencing it first hand and making mistakes because mistakes are painful and teach you not to repeat them. One thing that is good to start with is to not start with to much and that is what you seem to be doing. Reading adds to your knowledge, but experiencing it is different.
Regarding manipulation @Neuroticfish, that is probably the same for both BTC and BCH.
Who really knows what's going on between the Bitcoin billionaires? Maybe the question could also be asked the other way around: More speculation - more adoption?
I believe that most of the newcomers from recent times get in not because they are fascinated by the technology, but because it can't be overlooked this market is absolutely on fire! They want to get in with the goal to participate in the mania and speculate, but they might end up researching different projects and slowly understanding why this market is growing and what blockchain technology could be good for. That question can probably be asked both ways.
I believe that most of the newcomers from recent times get in not because they are fascinated by the technology, but because it can't be overlooked this market is absolutely on fire! They want to get in with the goal to participate in the mania and speculate, but they might end up researching different projects and slowly understanding why this market is growing and what blockchain technology could be good for. That question can probably be asked both ways.
Re: Colonial Pipeline paid 75 BTC ransomware to DarkSide hackers
It has now been confirmed that Colonial Pipeline paid 75 BTC ransomware to DarkSide hackers and after payment they started to get operational, but this story continues.
They also attacked other companies like Toshiba Tec Corp manufacturer of barcode scanners, printers, and other electrical equipment, and they have access of 740GB stolen data.
Brenntag also paid 78.29 BTC on May 11 to same DarkSide group and Elliptic tracked DarkSide wallet and it appears their servers for blog website, payment processing and DoS operations had been seized.
Some mainstream media earlier claimed that this payment was made with anonymous cryptocurrency but we now know it was Bitcoin.
I am still trying to find and identify their wallet address that had 57 payments from 21 wallets address.
https://www.elliptic.co/blog/elliptic-follows-bitcoin-ransoms-paid-by-darkside-ransomware-victims
They also attacked other companies like Toshiba Tec Corp manufacturer of barcode scanners, printers, and other electrical equipment, and they have access of 740GB stolen data.
Brenntag also paid 78.29 BTC on May 11 to same DarkSide group and Elliptic tracked DarkSide wallet and it appears their servers for blog website, payment processing and DoS operations had been seized.
Some mainstream media earlier claimed that this payment was made with anonymous cryptocurrency but we now know it was Bitcoin.
I am still trying to find and identify their wallet address that had 57 payments from 21 wallets address.
https://www.elliptic.co/blog/elliptic-follows-bitcoin-ransoms-paid-by-darkside-ransomware-victims
When I first read it I was sure they are going to pay if the amount is cleverly chosen. That's what the hackers did. What I am asking myself is though why don't the hackers ask for an anonymous cryptocurrency? They now have all the hassle to get the BTC through mixers and exchanges. Or they do have agreed upon p2p deals at discounts. That could be a possibility, maybe even the most likely possibility of all of them.
It's disgusting that the state are that desperate to know everyone's worth that they stoop down to such low levels to find it. Attempting to crack wallets without permission, is something a "normal" person would likely go to prison for.
This doesn't only just apply to closed sourced software, though. Open source hardware wallets now need to be monitored more frequently for changes in code, since they could try, and sneak something in without anyone noticing. We shouldn't be complacent, and trust something just because its open source.
This doesn't only just apply to closed sourced software, though. Open source hardware wallets now need to be monitored more frequently for changes in code, since they could try, and sneak something in without anyone noticing. We shouldn't be complacent, and trust something just because its open source.
the irs doesnt need private keys or the seed to achieve their main objective; all the need is a list of addy you control. at that point they have all the info they need as they can then monitor those addys.
Yeah, I don't believe that they intend to take anything, unless they can lawfully take it by coming to the conclusion that someone hasn't declared the correct amount of tax. Cracking seed phrases? Are they insane, simple word, it's robbery.
I guess it's only robbery if they actually take anything. Their intentions might be to try, and break in, and determine whether someone has been paying the correct amount of tax or just general surveillance, because as we know from the Snowden leaks they love to monitor pretty much everything that they can, and they don't mind breaking some laws to do that. I wouldn't worry too much about it at this point because if you think about it, the government probably has all the information needed to control and spy on you already, even before your introduction to cryptocurrency so no point worrying, they won't probably go rogue suddenly if you are living in a first world country.
Absolutely, if someone has evaded the government completely then I would be extremely impressed. Since, our world revolves around using mega companies such as Google, Facebook, and other Monopolies its just easy for them to gain access. I believe there was several USA phone service providers who were sharing data with the government, and that was also exposed by Snowden. You will probably have a hard time finding a single company whose business is data driven in any conceivable way in the US that is not closely cooperating with the government. There is so much information out there who is cooperating with the government, I don't believe there is a single one resisting the pressure government puts onto them should they not cooperate.
You are also right with the open source software not being safe necessarily just because it is open source. Same for the TOR network where they spy a lot by setting up infected exit nodes or, put differently, their own exit nodes. You have to pay tremendous attention to effectively protect your privacy.
I feel too often we ask ourselves if an idea is a good idea, doing something is a good idea. Why not ask ourselves more often whether refraining from doing something is a bad idea?
To not invest a single penny in crypto is a bad idea in my opinion. Could it go wrong? Of course it could go wrong but to not do it at all and missing out on an opportunity might hurt more than losing a bearable amount and being able to say you at least gave it a try. If you invest wisely you won't lose it all anyway even in a worst case scenario.
To not invest a single penny in crypto is a bad idea in my opinion. Could it go wrong? Of course it could go wrong but to not do it at all and missing out on an opportunity might hurt more than losing a bearable amount and being able to say you at least gave it a try. If you invest wisely you won't lose it all anyway even in a worst case scenario.
Re: Why crypto (bitcoin) is better than traditional money?
I know about crypto and everything in general but I am having difficulty to understand one thing about it. Why crypto or bitcoin is better than money ?
I mean I know the block chain technology is revolutionary and it has many benefits, it is being used by all crypto. Money is used to buy goods and services and there are very less businesses accepting crypto and still the prices are rocket High.
This Crypto trend looks more like share market company evaluation rather a legitimate currency. Moreover all government have there own currency, goverment cannot let that sink and can ban these. Can someone explain to me the value of Crypto as a currency when compared to real money ?
I mean I know the block chain technology is revolutionary and it has many benefits, it is being used by all crypto. Money is used to buy goods and services and there are very less businesses accepting crypto and still the prices are rocket High.
This Crypto trend looks more like share market company evaluation rather a legitimate currency. Moreover all government have there own currency, goverment cannot let that sink and can ban these. Can someone explain to me the value of Crypto as a currency when compared to real money ?
Firstly, there is a distinction between bitcoin and crypto. Although, bitcoin is a cryptocurrency, it is different from the many other cryptocurrencies that we have that don't have actual value.
Bitcoin has real value and can be compared to the fiat or traditional currency. I'm sure you know all the benefits bitcoin has over fiat currencies so I won't highlight them here. One thing however that you should know is that bitcoin can be used as an investment asset. Just by simply buying and hodling for some time, you can make quite a lot of money.
Secondly, bitcoin is now being accepted as a currency by some companies. Now there are a lot of stuffs you can buy with bitcoin. You should know that the major advantage bitcoin has over fiat currency is that it provides anonymity and saves one from high transaction fees
What is the real value that you are talking about? Value is a derivative of peoples' collective attribution. Bitcoin has value because we currently believe Bitcoin might fill a certain gap that we want to be filled in our economy or even social system. Also it is not that everyone gives it value for ideological or rational reasons, but just want to become rich quick. Real value is a philosophical term that could go back to intrinsic value and that is a widely discussed topic and especially in the context of Bitcoin a complex one that may never come to an end.
But why the hell people panic sell now after it reach this high amount?
Do people really still think it goes to 0?
There are a huge number of people in the world who bought bitcoins in 2018 and failed when the rate fell. Moreover, he fell much more than they expected. Perhaps they think the next fall is coming soon ... Do people really still think it goes to 0?
There are still many people who continue to compare the increase this year with what happened in 2017, as well as when the Bitcoin price
suddenly dumped. Many people end up comparing what happened in 2018, which is why the current Bitcoin price has dropped below $ 50k.
Quite a number of people panic selling, they are afraid that the events of 2018 will happen again, when at that time Bitcoin fell very deeply.
Even though if we do research and analysis properly, we should be aware that the events in 2018 are very different from today's events.
Moreover, this year there are several institutions that are still holding Bitcoin, the price of Bitcoin shouldn't go down too far. I am sure the Bitcoin
price will recover very soon in the next few days, and the Bitcoin price will again rise above the $ 50k price tag.
Considering relative price movements I can understand the panic because if the price falls a lot there is also more money needed to bring it back to where it was. Yes there are more players involved now but it is still all relative. Bringing it back to $60k isn't just guaranteed to be happening within no time. It is a more difficult decision to get into Bitcoin today than it was in 2017 when it was relatively cheap and it felt like there was a lot of potential.
If banks and governments create their own cryptocurrency, will the people still be the ones to give value to it like Bitcoin and will we be able to store it in our own ledger to protect our own money?
No, and that is precisely the problem they are running into and also the problem that Facebook would have ran into beyond the trouble they would have had with their own government. If governments start a cryptocurrency they would still have to solve what is a problem in their eyes, namely people choosing cryptocurrencies where they deem necessary to protect their privacy. Nobody can force you to use your national fiat currency except for tax payments.
As you know, most countries in the Persian Gulf have accepted bitcoin and the world of digital currencies, and in addition to oil, which is their most important asset, they can make a large share for themselves by mining bitcoin.
But in a strange move, Iran has closed the payment gateways of all exchange offices that operated in Iran and treated them like swindlers.
also the owners of digital currency mining machines are guilty and will be dealt with severely.
What could be the reason for all this government pressure on people not to mining bitcoins?
But in a strange move, Iran has closed the payment gateways of all exchange offices that operated in Iran and treated them like swindlers.
also the owners of digital currency mining machines are guilty and will be dealt with severely.
What could be the reason for all this government pressure on people not to mining bitcoins?
I think Iran had in mind that they are in full control knowing who is mining with what hash rate at what time. They have limited power resources and gave out certificates to a number of organizations (don't remember) that were allowed to min Bitcoin with a certain hash rate limit. Then some companies and individuals started shadow mining and they ran into power shortages. That is why Iran government intervened.
I think Musk is showing what he was and before he dives into Bitcoin as well as his company they didn't get much information about what Bitcoin does. Could be that they just enjoy shilling and not really putting effort on their own research.
At this point I'm wondering whether he is going to also create a shittoken too, maybe TeslaCoin to dump on idiots and make a couple of million dollars out of thin air.
That wouldn't be impossible from this guy, I wonder if people will ever trust again his views about cryptocurrencies. Lol man you can't believe what you just said can you? Elon Musk perfectly understands what Bitcoin is, what it does and how it works. He knows that for years, maybe even for a decade. Even my grandma can explain Bitcoin quite well and you consider the possibility that Elon Musk didn't do enough research (best scientists in the world work for hm) to understand Bitcoin but gamble a couple billion dollars on it anyway.
This is the worse situation when it bullish market, coins with no genuine use case, potentials and utility will make a ridiculous surge in price the next thing you'll see is hype follower investors buying the coin for some quick profit whereas the bubble will burst sooner or later.
I check CMC today either, I also saw the coin and I was amazed by some new coins that claimed the top #100 slot on CMC
Yeah, right now just any coin can surge among the ranks at coinmarketcap and recently I also see shiba inu token making waves all around the market but when I joined their telegram and tried to understand what this token actually does because their website just thinks it is a dogecoin killer, I got some horrible replies with everyone promising shiba to the moon while none having the requisite knowledge of how to answer a question and even deleted a few posts which asked questions and raised concerns.I check CMC today either, I also saw the coin and I was amazed by some new coins that claimed the top #100 slot on CMC
Finally I was able to understand that it is another decentralized swap like uniswap, at least that's what it does from my understanding of it. Now we are seeing new coins like OP said ICP and there are going to be new coins almost every now and when on the top of the list at CMC because someone is manipulating the whole market it seems.
Whenever a coin has the word "killer" in its value proposition or any marketing slogan, I immediately skip. Who is so stupid to call their own coin a killer of some other coin?
Never going to understand that.
ICP is weird because it suggests a lot but not to be a medium of exchange or so. I didn't read up on its purpose yet, I just see as everyone else how a coin that almost nobody has an idea about explodes in price.
It is not a given that Bitcoin bounces back quickly. Look at the current situation, are you sure it will bounce back shortly or are you unsure what will happen next? I don't know and I am not buying now because it is complicated to make a proper assessment.
Here's where fundamentals come into play.
I've been here for some time. Maybe not as long as people who bought in 2012 or 2013, but long enough to see a couple repeating things on the charts.
If the fall is right after a peak and the price corrects this means we were overextended. This means a healthy correction. People are selling to take profit.
If the fall comes after news unrelated directly to BTC like a ban somewhere, an exchange hack, someone saying something bad about bitcoin, it's going to be a weak hand shakedown and a panic sellout.
If you see this, make sure to buy more because it will come back as fast as it fell.
There were many such crashes like when the US closed borders in 2020.
But you forgot abut the resistance that Bitcoin built over time against bad news. A hack or a ban doesn't impact Bitcoin the same way it did 7 or 5 or 3 years ago. That is why I don't like to presume that all patterns repeat and whenever a hack happens Bitcoin plunges X%. It is possible that the market and the hype just overheated and the price is simply too high for what Bitcoin is able to deliver at this point. People thought Bitcoin would turn around all the way down from 20k in 2018, but it didn't for years.
Re: Why crypto (bitcoin) is better than traditional money?
Among the most important functions Bitcoin has is its strong hedge against loose and irresponsible monetary policy by governments. Bitcoin comes with the strongest capital mobility of all assets in the world. Nothing is as mobile and divisible as Bitcoin is. You need your seed phrase, in a worst (/ best?) case scenario you know it by heart and could go anywhere in the world without anyone even noticing or being able to trace you and your wealth down.
Hello everybody. I'm not very good at imagining a world without Bitcoin, but I think it's worth remembering the time when I didn't hear about cryptocurrency at all and everything will work out. It's just that now and so most people remain in the dark. The only thing I can admit is that my life would not be complete without Bitcoin, but we live, move on, acquire new skills, new knowledge, including knowledge about cryptocurrency, and I am glad that there is Bitcoin in my life.
For those who are not attached to this venue of investment, they are moving forward and not being bothered to how life may it be without bitcoin, but it's different from those who support this chain since they learn about it, they simply can't imagine how the world will rotate on them without this investment currency.
Different people do have their own views regarding to this question, more on how you believe and trust this system.
The world without Bitcoin would be a world where fiat systems would still be without any competition whatsoever. That is not too bothering for people in rich countries with stable economies, but we have seen what happens with Bitcoin volume in countries like Venezuela when inflation gets out of control.
You obviously misunderstood Bitcoin. You can't ban Bitcoin like you can't make it disappear or keep people from using it. The more the people are in need for an alternative currency is a country like Venezuela, the more they are prone to use and trade BTC. BTC was even traded with a mark up in Venezuela when shit hit the fan. I think they paid 30% over global market price. China banned Bitcoin a gazillion times and every single time trading volume skyrocketed over there.
Gas fee has become a real headache for all the investors, especially for the ones who trade low quantities. Initially it was only seen on ERC-20 based platforms but today we have experienced somewhat similar issue on BSC platforms as well. That may reduce the edge BSC platforms had over the ERC-20 and also the attractiveness.
Does BSC network has the same tracking site for their fees? I don't know that BSC is getting expensive already. Maybe due to those projects that are switching to their network and a lot of new ones that are utilizing their platform. So the fate will be the same with ETH, as more projects are going to their network, the fees will be expensive. And when that happens, users may go back again to eth, when the eth team resolves their gas efficiency problem. And it will be soon.
I am not sure if there is a website like gasstation for ETH but you can see here
https://explorer.bitquery.io/bsc/gas
The transaction cost is far less than $1 per transaction on average in May. I have no idea what the load is that the network has to handle these days and what would happen if the load was about that of Ethereum.
I have seen that bitcoin is important and everyone wants to have it even me if I have the money and opportunity to get 1btc I will engage in sincere activity to have it, and bitcoin is viral, because the things I heard concerning bitcoin in news always interest me, but the problem is that what will I do to know bitcoin more better
Alright, knowing about Bitcoin is an achievement , but the next question is what you're gaining from that achievement; yup, unless you are not interested in really gaining from it, and you just want to be making use of it for simply making transactions online, because I know a lot of people that are not interested in investing their money in Bitcoin, they just want to be using it to receive money and also send to other. It's all about making sure that what you have discovered is really working for you, and not just sitting there and doing nothing.There are lots of ways that you can get to learn a lot of things about Bitcoin and you can start with websites that talks about cryptocurrency, like Coindesk which is really popular and has a lot of explanation articles, and also Cointelegraph, which is helpful as well. YouTube is your next place to learn more about cryptocurrency, but I think Coindesk can help you start from the basic.
It could be a question of time. Maybe Bitcoin won't be helpful to that many people in its current state, but when it gets older and matures in terms of usability and stability it may benefit a lot more people. It is now too volatile, but otherwise it is a possibility for people without a bank account to store wealth or to send money that they otherwise couldn't send.
We saw the past from $10 to 60k is going up and up. So it sure it will reach $500k next destination.
But why the hell people panic sell now after it reach this high amount?
Do people really still think it goes to 0?
There soulnd't be any sale presure given the history that we see Bitcoin only going up in value
The answer is so simple FUD.But why the hell people panic sell now after it reach this high amount?
Do people really still think it goes to 0?
There soulnd't be any sale presure given the history that we see Bitcoin only going up in value
Maybe we are all aware that it wouldn't go to zero but those seller are saving what they could when they think that it would continue to drop down.
We all know that it would recover but isn't it better to cut loss then buy back at a lower price than just holding it?
And most of the time, this is also the reason why most of those newcomers losses their investment. Thinking that it wise to sell while the wild market
is on it's downside, the problem is with the volatile nature of this market the quick bounce won't allow you to buy back as you expected.
Fud's and fomos if you don't understand how to use this it will endanger your money, better to learn more to avoid doing panic sell.
It is not a given that Bitcoin bounces back quickly. Look at the current situation, are you sure it will bounce back shortly or are you unsure what will happen next? I don't know and I am not buying now because it is complicated to make a proper assessment.
Just search the coin and go to the market tab you will see all listed exchanges for that coin.
Or at some point, the OP can't find those coins on those coin checker websites (CMC and Coingecko), then probably that coin was delisted a long time ago or been inactive in development for years. In that case, deep research via OP's preferred search engine is necessary.
OP, sort your problem out by not looking on the active exchanges in 2014 but rather search directly on that specific coin.
I have dozens of coins on old hardware wallets or USB sticks where the blockchain is dead for a long time and they aren't even to be found on coinmarketcap anymore. If they are not on coinmarketcap, there is basically no chance you will find it anywhere else. Even if you do there won't be any market for them.
Hello everybody. I'm not very good at imagining a world without Bitcoin, but I think it's worth remembering the time when I didn't hear about cryptocurrency at all and everything will work out. It's just that now and so most people remain in the dark. The only thing I can admit is that my life would not be complete without Bitcoin, but we live, move on, acquire new skills, new knowledge, including knowledge about cryptocurrency, and I am glad that there is Bitcoin in my life.
For those who are not attached to this venue of investment, they are moving forward and not being bothered to how life may it be without bitcoin, but it's different from those who support this chain since they learn about it, they simply can't imagine how the world will rotate on them without this investment currency.
Different people do have their own views regarding to this question, more on how you believe and trust this system.
The world without Bitcoin would be a world where fiat systems would still be without any competition whatsoever. That is not too bothering for people in rich countries with stable economies, but we have seen what happens with Bitcoin volume in countries like Venezuela when inflation gets out of control.
This makes it now even more and more important to trust only open source wallets,,, and also as much as possible all the Ledgers and Trezors you ever bought, if you used your personal details you can be sure their databases are not only now vulnerable to hacker attacks (as we have already seen happen) but also to government requests.
Old Trezors may also become obsolete or need updates. Don't forget that these state led agencies also buy hidden stakes in these companies. We may not even get to know if an organization like the CIA or NSA is involved in any particular way when it comes to hardware wallets.