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Messages - Yamane_Keto

Pages: [1] 2 3 ... 15
1
Announcements [ANN] / Re: ProtonMix --A mixer like ChipMixer
« on: April 07, 2024, 01:05:21 PM »
I've split my Bitcoin into chips of varying amounts, but I'll take your advice. Gaining trust in a group of people concerned about privacy isn't easy, and we're just getting started.
service will depend on customer funds that mean will not have enough chips if the user deposits large amounts, it is better to put a warning.

I didn't invest too many Bitcoins, only about 1.12, I split them into chips,
1.2 Bitcoin will not make you a good mixer. The mixer industry is based on having a large reserve to ensure liquidity at any time.

2
Announcements [ANN] / Re: ProtonMix --A mixer like ChipMixer
« on: April 06, 2024, 06:35:27 PM »
Mixing services are allowed here, so there is no need to break the domain link.
You did not learn from Chipmixer, but rather copied the code.
There is no F.A.Q page
Cloudflare is not a good start for any service that claims to offer high privacy.
A donation-based mixer is not an easy task and requires that you have a lot of reserves. Can you sign a message from an address with 1 Bitcoin or more?

3
Litecoin Forum / Re: Why does LTCN keep rising?
« on: April 06, 2024, 12:05:04 PM »
It looks like I found a reason as the CFTC classified Litecoin as a commodity In a lawsuit against crypto exchange KuCoin Text of the lawsuit

Quote
The complaint filed by the CFTC against KuCoin states, "KuCoin solicited and accepted orders, accepted property to margin, and operated a facility for the trading of futures, swaps, and leveraged, margined, or financed retail transactions involving digital assets that are commodities including Bitcoin (BTC), Ether (ETH), and Litecoin (LTC)."

This designation as a commodity reduces the impact of potential enforcement actions from the SEC, which means a better chance of LTC ETF being accepted.

4
Ethereum Forum / Will we really see an Ethereum ETF?
« on: April 06, 2024, 11:37:10 AM »
At the beginning of this year, the SEC approved the first bitcoin ETF spot, which led many to speculate that Ethereum is the next one and even some applications from Fidelity, Bitwise, and Grayscale, but what makes me doubt that this will happen soon is

  • The presence of ICO, NFT, and DeFi tokens on the Ethereum blockchain, and many of these tokens have been linked to fraud.
  • ETH staking, as there is an additional return from holding Ethereum.
  • Securities and Exchange Commission is investigating whether Ethereum should be classified as a security

I believe that all of these reasons are enough to delay the approval of the Ethereum ETF during this year. Do you think my fears are real?

5
I do not think that there is a way to use USDT via BTCPay Server other than L-USDT so this is good news and confirms support for open source software for free, but $100,000 will not change much.

6
Technical Discussion / Re: Bitcoin's maximum block size
« on: April 05, 2024, 05:28:35 PM »
I think that if a way was found to make the block size dynamic as in Monero without the need to change the code and impose a penalty on the block reward when the block is larger, the scalability of Bitcoin would be better. The SegWit soft fork gave a better result than any hard fork. Instead of giving in to increasing the block size, it was increased. Up to 4M weight units with the size on the block size fixed. I don't know if there will be a soft fork in the future that will lead to better results.

I think that at the present time, if the Bitcoin price prediction algorithms are improved, especially since the average fees may differ completely after the transaction is broadcast, we will reduce actual fees further.

7
2027 and 2026 are the years in which the price of Bitcoin is supposed to witness a correction, and it is often within the limits of the maximum peak that the price reached in the past 4 years before halving, which means prices in the range of 70k to 90k, not 200k 260k. 2.2M per 1 bitcoin means a market capacity of about $30 trillion, which is impossible in the near term.

8
These announcements from such companies about adoption of Bitcoin either using it as a payment method for customers or as a primary reserve treasury asset may not have a direct impact on the market due to size of the company itself relatively small ones. However, they are important since this lies in the influence it could have on other businesses.
I did not care about the announcement as much as I cared about the reason. In the past, companies used Bitcoin as a reserve asset because it increased its value, enhanced the company’s profits, or tried out a new investment asset, but it is the first time I have heard a company use the term debilitating loss in purchasing power which mean in the long run, KC considered Bitcoin is better than USD.

9

and I think SOC 2 type 1 audit is very easy to pass and so this meant nothing, IMHO.
The SOC 2 type 1 and SOC 2 type 2 reports are still necessary for anyone who wants to verify confidentiality or privacy, so you can be confident that the company does not share data with third parties (except the government), but it does not measure companies’ financial reports, which is the basis of the problems facing USDT. As most reports say that USDT reserves are small compared to the tokens that are printed, which means that there is not enough monetary cover to maintain the stability of USDT tokens 1:1 USD.

10
On Wednesday, the Kansas City Cattle Company, known for its premium Wagyu beef products, announced on X (formerly Twitter) its strategic decision to adopt Bitcoin as its primary reserve treasury asset. This decision by the veteran-owned and operated enterprise, celebrated for its world-renowned gourmet uncured all-Wagyu beef hot dog, marks a significant pivot towards financial innovation, motivated by the urgent need to address the eroding purchasing power and rising costs in the industry.

“The Kansas City Cattle Company has now adopted Bitcoin as a primary reserve treasury asset. The debilitating loss in purchasing power combined with the increases in costs in our industry have made this one of our easiest decisions we’ve ever made. Fix the money. Fix the Food,” KC Cattle openly declared.

source https://cryptodaily.co.uk/news-in-crypto/bitcoinist:kc-cattle-company-adopts-bitcoin

The inflation rate did not exceed 10%, and a company like KC began to complain about the debilitating loss in purchasing power. If inflation and prices continue to rise, do you think that more companies might take a similar step, as it is an essential reserve asset for the treasury?

11
Username: Yamane_Keto
BTC SegWit Address: bc1qgt35kdx373y6f7ng4dc0awctwgygc7nch9w38z

12
Pump & Dump / Re: Pepe token is it pump and dump?
« on: April 03, 2024, 04:26:00 PM »
When Pepe (PEPE) started, it wanted to take the lead from Dogecoin, which was POW, and then it moved to be a cross-chain ecosystem of mobile-first games, and now it is a token on the Ethereum blockchain.
The project is looking to pump and seize a percentage of the memecoins market, so it will be pumped by whales rather than being a pump and dump group.

13
Cryptocurrency discussions / Re: What do you think of TON blockchain?
« on: April 03, 2024, 03:01:04 PM »
When you want to compare a project like TON — “The Open Network” — comparing it to Solana is not realistic, as the project aims to enable fast transactions and support a wide range of decentralized applications (dApps). It is similar to XRP, as both are not intended for speculation, and both projects were pursued by the Securities and Exchange Commission. The United States (SEC) made TON work as a decentralized autonomous organization (DAO) and there is wTON on the Ethereum blockchain.



https://www.livecoinwatch.com/tools/compare
The comparison result shows that TON is not a good for long term, but you can use it to speculate before news happens just like you do with XRP.

14
Litecoin Forum / Why does LTCN keep rising?
« on: April 02, 2024, 02:56:56 PM »
Buying LTCN means owning about 0.085 LTC per share with a NAV of approximately $9, and with the SEC announcing its lack of intention to approve new ETF products, which means it will be difficult to convert it to a converting to spot ETF during the coming period, all of these must put pressure on the price. However gains are strong, does anyone know why or am I missing something?


15
Bitcoin Forum / Re: Mempool Observer - Discussion about Bitcoin Fees
« on: April 02, 2024, 02:22:49 PM »
The basis for that is the market cap and volume and I agree that if it's. But if it's about the use case of it, I still enjoy it using for transactions. I guess that we'd get to see it drop some more of the ranks as it seems to be dropping and can't soar unlike the other cryptos. If it's about long term, I'd still pick this than any of the memes.
Circulating supply for many cryptocurrencies can be easily manipulated. As for Litecoin, the coin is still in good stead but its use cases are limited which make its value diminish. Low fees are the only advantage of LTC but even Bitcoin (in these days) you can broadcast a transaction for 15 sat/vByte and get confirmation in less than 20 min.

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