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Messages - TomPluz

Pages: [1] 2 3 ... 288
1
Bitcoin Mining / Re: Argentina To Mine Bitcoin With Stranded Gas
« on: May 27, 2024, 11:50:30 AM »
The news mirrors how other countries are utilizing Bitcoin mining to "clean up" energy grids. Bhutan mines Bitcoin with renewable hydropower to consume its seasonal excess, while El Salvador uses geothermal energy to power mining with no carbon footprint.

I love these exciting new developments regarding Bitcoin mining. There is no question that Bitcoin mining is requiring the use of gargantuan volume of energy and has become like a trigger for many environmentalists and their supporters to call Bitcoin as a threat to Mother Earth. With the use of otherwise wasted energy, we are taking advantage of something that should have gone to nothing and make it valuable. This kind of idea can be working well for Bitcoin and can be winning the support of many cryptocurrency enthusiasts who are at the same time looking at how we can make this planet a better place to live in.



2
Bitcoin Mining / Re: BTC mining is good for society & environment
« on: May 27, 2024, 11:45:53 AM »
No matter what we try to say to counter their arguments, these people that criticize Bitcoin a lot will always find something else to fault it with.

People who hate Bitcoin and its mining can always rationalize why they do so and even if are winning in our arguments we can never win the war for their support and maybe endorsement. So the most important thing is that there are now many good developments in relation to the use of sustainable energy sources and using otherwise wasted energy which is now converted to good use with BTC mining. Another thing is that for now there is actually no lack of miners who are taking the burden of the enterprise for possible profits. And I guess this is good capitalism in action while at the same injected with concern for the environment meet half-way.



3
CME trading - I guess - is more for institutions - companies -, not individuals. Trading of one single bank can produce much more volume than 2.000 Faisals and Peters  :D

You are right. CME is not like Binance or Coinbase which is very much open to individual users; this is surely limited to institutional players where business transactions can amount to millions in just a tap of the finger hence this is going to be another influential institutional involvement that can be working well for the price of Bitcoin for many months to come until, of course, the market can go sour when everybody will be jumping ship but this is just one of the many possible ups and downs in the market which is now listing Bitcoin into its own operation. For sure this CME move is a big welcome development and I am looking forward to how it can somehow shape things for Bitcoin today and into the future.


4
Well, this could be related to BlackRock's deep involvement in the crypto market through largest asset, BTC. BTC Spot ETF has both positive and negative impacts. In the short term, it can boost BTC price growth, but in the long run, it can negatively impact Bitcoin's decentralization and self-custody. The crypto community has discussed this a lot, but there is no way to prevent traditional investors from buying BTC Spot ETF, and we don't have enough resources to fight against BlackRock's involvement in the crypto market. We are even happy to see that the inflow of money into BTC Spot ETF has helped many tokens in the market to rally strongly in the past few months.

I would say that the involvement of Blackrock with Bitcoin via ETF can be a two-edged sword that can surely impact Bitcoin both in positive and negative ways. Right now, it is pushing the price of BTC to a good level and for the next few months we can see how it can make things better or bitter for Bitcoin. And yes, the problem is that Bitcoin is not exclusive to anyone or a specific group so any institutional platform can be a player in the BTC market...and there is nothing we can do about it. Now, whether this "gloomy" prediction for Bitcoin in relation to Blackrock can come true or not remains to be seen...and I think we have no choice but to see things positively in light of these developments. In the past, many Bitcoin enthusiasts are looking to the day when there can be real institutional investors coming for Bitcoin and now that it is happening we fear that Bitcoin will never be the same again. Now, the next question would be: Is there anything we can do to limit the influence and power of Blackrock and similar platforms so as to minimize their impact on Bitcoin?






5
I have doubt whether he'll actually do it, but it's one of few times he made specific promises which related with cryptocurrency. And for those who don't know about Ross Ulbricht, you probably want to check this website https://freeross.org/. Your opinion is greatly appreciated.

I understand that many candidates would usually promise this and that...but if you think that Ross Ulbricht is deserving to be pardoned then in between the two old men running for the White House this November - Trump and Biden, the former and the current - it is Trump that will likely do something on this subject if ever he is given another chance by the American voters...and it can be because Biden has never promised for it and we know that Biden is less friendly to the cryptocurrency industry and the players on it. At least, these libertarians would have something to demand in case Trump can be back as the 47th POTUS as one can never demand it from Biden who never promised such a thing.



6
Additional newly accepted participants.
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If you haven't done so, kindly update your avatar, personal text and signatures.
You guys can start on WEEK 22 [05/27 - 06/02]

Again, for now, we are CFNP.

Congratulations to new participants of the Coinomize signature campaign here at ATT. I am looking forward for more profitable interactions with you all. Welcome to the club!



7
Bitcoin Forum / Trump Supporting Bitcoin, Crypto
« on: May 26, 2024, 04:19:45 AM »
As happening right now, in a speech to the Libertarian Party's National Convention in Washington, DC, the former 45th President of USA Donald J. Trump laid out his many plans and promises for the country if elected once again this coming November to be the 47th POTUS.

Among the many things he discuss is Bitcoin and cryptocurrency, saying "I will ensure that the future of crypto and Bitcoin will be made in the USA" and "I will support the right to self custody to the nations 50 million crypto holders" which of course resonates with many libertarians in the audience.

In between the two leading candidates - the dementia-filled Joe Biden and the still energetic and funny Donald Trump - people are now slowly realizing that the two administrations are so different and that they were better off four years ago under DJT despite, of course, the supposed flaws with his personality.

I believe that Donald Trump is a lot better candidate and can be working great for the cryptocurrency industry if given another chance to be in White House again.



9
With this two figures being isolated but exemplary examples for ladies, do you think we will see more female interests in the crypto space?

The whole cryptocurrency is open to anyone regardless of gender, race or financial status...in ft I would say that this is an equalizer industry but we know that this industry is made up by men in majority position. I am sure that women can thrive here as they too possess many talents, skills and the leadership required to scale up their presence in answer to different opportunities available. While the two women above can be a great encouragement for other women, for now I don't see that the disparity between participation of women and men can easily be bridged within at least five years. Perhaps we should know what makes men more attracted to cryptocurrency compared to women...and then we can easily tackle to close this divide once and for all. One reason for this is that more women are risk averse compared to men...and since the cryptocurrency industry is full of risk we can't a lot of women to be here. Another reason why crypto is a male-dominated market is its direct connection to the male-dominated finance and technology industries though we can see some growing interest of women on this area. Now, we can't force women to get involved with cryptocurrency related business if they don't want to...what is important is that there is a fair field laid for them in case they want to take the journey to the "moon" with us. Should we tell our mothers, sisters, girlfriends and female friends to get into crypto as we need them here?







10
Philippines (Tagalog) / Re: Paymaya: Naranasan nyo na ba to?
« on: May 25, 2024, 03:22:40 AM »
At ang sabi eh in 3 days daw at balik na lang ako if ever na hindi pa pumasok within that day. Buti na lang hindi kalakihan tong pera na to at hindi emergency. So warning lang, baka ako lang naka experience nito talaga o natapat lang sakin. Baka sa susunod na emergency at expected nyo na ang pera ay darating eh baka madismaya kayo.

Sigurado ako di ako madidismaya sa Maya kasi more on Gcash ako pero meron din naman akong account sa Maya kaya lang ang laman ay yung mga binibigay nilang P10 pesos na libre from time to time...na sya ko namang ginagamit either pang-load or I sometimes convert the small money to crypto. So far, wala naman akong problema na naranasan dahil nga siguro wala pa talaga akong naipasok na pera to Maya galing sa aking bulsa. Ngayon, yang sinasabing 3 days eh mukhang di maganda pakinggan lalo na galing sa isang prestigious and supposed to be reliable platform like Maya...dapat na iresolba ito within hours kasi pinapakita nila dito na sila ay incompetent na di maganda lalo na sa mga users nito. I am sure na ang Gcash lamang ang masaya na makinig nito tungkol sa Maya pereo ang Gcash din naman eh may mga problema from time to time so wala talaga tayong choice na mas okay.


11
The first thing to be considered is about the security. We mustn't stake on the random platforms. Then, I will consider the profits. I will focus on calculating how much the profits to get from the stacking. If it is not really profitable, I prefer to store my coins on the wallets only.

That's right...one should make security the top priority as there can be no use if one is promised astronomical rate of returns only to later realize that the whole thing is just another scam. We have to remember that there are so many fraud platforms these days offering very high returns but will eventually die because they are actually operating a Ponzi-like schemes. Reputation for me is paramount plus one has to look at the experiences of other people who staked beforehand to make sure that the staking program is legit and not a fraud. Otherwise, one should just HODL and store the coins or tokens safely though there is no denying staking is a very attractive proposition as it means one's money working even if the owner is sleeping...a great passive income.








12


Currently, I am using Windows OS for my laptop as it is for me the most handy and one that came with my laptop for free therefore I am more exposed to it and since I am technically-challenged guy it would be difficult for me to shift to other less popular OS as they can come with some learning curve necessary to utilize them properly. However, I am not using any wallet on my desktop because I prefer apps-based and browser-based ones. Now, with security in mind, am I safe or can there be things I need to do to make myself and my small digital assets be hidden from thieves online?

13


Read more of this story here.
Quote
A diminutive Japanese dog who became the face of Dogecoin has died.

Kabosu, who inspired the viral Doge meme and became the face of the satirical cryptocurrency championed by Elon Musk, passed away on Friday at the age of 18, her owner said.

The Shiba Inu had been seriously ill with liver disease and leukemia since 2022.

"To all of you who loved Kabosu — on the morning of the 24th of May, Kabosu crossed the rainbow bridge," Kabosu's owner, Atsuko Sato, wrote on Instagram.



I am sure that the story and journey of Dogecoin would never be more colorful, exciting and enigmatic without the character of Kabosu, the Shiba Inu, who has been the face of Dogecoin since we can remember. Now, would this be an omen for Dogecoin of a lot better to come or do you think this can signal of something gloomy for its future? At any rate, I am sure we owe this famous dog some good level of gratitude and appreciation and may its "soul" rest in peace in dog's heaven...


14
Solana Forum / Will Solana be next with a spot SOL ETF?
« on: May 24, 2024, 06:39:59 AM »


After the approval of spot Bitcoin ETF in January which later on pushed the price of BTC to achieved a new ATH even before halving and now there is another breaking news of SEC finally released its nod for spot Ethereum ETF, there is now some speculations that soon we can be able to see spot Solana ETF in the market.

Quote
Alongside the potential spot ETH ETF approval and how regulators will likely make a decision about it on May 23, 2024, another exchange-traded fund that's gained traction in the crypto community is a spot SOL ETF. Like its spot Bitcoin counterpart, crypto traders are speculating about the bullish possibility of TradFi traders gaining exposure to altcoins like Solana through a spot Solana ETF.

I am sure that many SOL supporters and holders are so excited with this news which if will happen will mark a very big milestone for SOL and can cement its own reputation as a very competitive and valuable cryptocurrency network worth considering and investing with.

Are you enthusiastic with this rumor?








15
Economics , Sociology & Politics / Re: BRICS+
« on: May 24, 2024, 06:29:45 AM »
As it stands, the major takeaway is that the Unit should be seen as a feasible, technical solution for the theoretically unsolvable: a globally-recognized payment/trade system, immune to political pressure.

How will BRICS+ be able to make its currency immune from political pressure would be something good to watch or are we referring here political pressures from USA and not within its own membership? One of the biggest problem that Euro faced with its integration in the Eurozone is that they all have different economies with so diverse of features and getting a uniform value produced many problems that are still being ironed out even today so I think the idea of making the new BRICS+ currency be independent away from each member's economy can be a good start. I can see that the main ambition of BRICS+ is to eventually replaced the US Dollar as the default international currency reserve to get away from the hegemony and control of USA. For sure, once that happen the value of dollar will plummet and can be one of the many reasons for its economic collapse...now how will the fall of US economy be affecting other countries would be one thing worth watching.





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