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Messages - KingsDen

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376
Crypto currency Mining / Re: The future of POW altcoin mining
« on: April 18, 2024, 01:56:34 PM »
The future of POW altcoin mining
I have e known PoW for bitcoin while PoS for altcoins. It is a matter of time and every altcoins will migrate to PoS. It was same with BTC where 50BTC was the reward with a lesser energy and what about it today. Solo miners are no longer profitable. Altcoins cannot withstand this but will soon change protocols to PoS.

377
Crypto currency Mining / Re: Where can I mine coins?
« on: April 18, 2024, 01:44:46 PM »
It depends on what coin do you want to mine for me right now i suggest PI NETWORK since this is has a good project for now mainnet for this coin are not yet launch but they already working to it

Good project?
Pi network has been around for 4 years, always coming with a "new project" always promising things and not actually delivering a thing in the end.
It's like the meme coins of promises.
Also, that's not real mining, it's juts getting referrals and opening your app like a faucet
That is not mining as you have said, it's a kind of referral system and opening your app like a faucet. Some years ago I was mining pie as they will call it. But at a point, I discovered that I am being programmed in such a way that I must open pie app everyday. Also my upliner keep pressuring me to mine and invite people. I didn't like people disturbing my peace of mind, I had to uninstall the pie app. Till now, I am not regretting why I uninstalled it.

378
Bitcoin Forum / Re: LIST - Bitcoin mixers & Tumbler services! ✅✅
« on: April 18, 2024, 01:10:16 PM »
btw. Jambler was kicked out of Bitcointalk because it was marked as a mixer, but still, it doesn't belong on this list.  ???

I would add jambler to that list.

They have been kickout from bitcointalk. They should be welcomed here.

NotATether added it to https://Bitmixlist.org
Does it mean we only need theymos validity to know what is a mixer or not. Assuming jambler wasn't kicked out of BTT, they wouldn't have appeared here and now they are kicked out, it is a confirmation that Jambler is a mixer. Lol

379
People can forget anything, people forget their bank passwords, people forget to take their important documents with them, people forget their wallet passwords, but it is not unusual. But there is definitely something to be careful about, if you forget the password of the bank, maybe you can go to the bank later after some trouble to get that password back, but if the password of a wallet is lost, then if it is not saved later, then it is impossible to fix the password.
If it is a noncustodial wallet, the password is an encryption that is not beyond the device that you have the wallet. It is not even beyond the wallet. Which means if you uninstall the wallet and install it back and import the seed phrase or you make use of a new wallet and import the seed phrase, you will be able to set another password.

About bank password. I do nothing more than to click on forgot password to set another password through an email sent me through an email link.
Thank you Charles-Tim for the information above. The way OP presented the topic, it looks as if it is a way of obviously stating the disadvantages of non custodial wallets while promoting the custodial wallets. A simple check as Charles said will show that the encryption is on the wallet and no connection to the Blockchain. Using the seed phrase to import in another wallet will thwart the power of the password.

380
Rather it reduces spam.

Report to moderator button is under every post. If there is spam you can just inform moderators about that and this will reduce it. I have statistics not about all sections, but all where I see have no unprocessed reports. It takes maximum several hours to process mostly all reports. ???
That's nice. Maybe the traffic here is not yet tedious for moderators to handle. It will get to a time that the admin will want the community to do most of the moderation themselves and allowing a self moderation thread is one of the ways to achieve that.

There is a possibility to create self-moderated posts, but they are for a paid account.


Donor and up ---> https://www.altcoinstalks.com/index.php?topic=315406.0




Seen! And there are alot of other features to be enjoyed. Here is not as free as I think.

381
Bitcoin Forum / Re: High fees is a never ending story?
« on: April 18, 2024, 11:48:23 AM »
Quote
Nevertheless, if we have endured the high fees before, I think we can live with it right now and let it die a natural death in the next coming months.
We have endured the high fee before and we are also living with it. But seeing it dying naturally is something I don't think will happen any moment. How will the mempool congestion be something of the past? Are core developers able to displace ordinals and how are they going to do that? I would just want to know a little about how this is going to be.
If the fees are still high now, I wonder what will happen if BTC makes $100k and there will be alot of selling pressure.

382
Bitcoin Forum / Re: Don't buy bitcoin only because of FOMO
« on: April 18, 2024, 12:34:58 AM »
The decline will occur when the Bitcoin halving occurs, because all investors have predicted it. This is normal and always occurs in a 4 year cycle. so we don't need to panic, keep holding our coins and if we have the funds we can buy when the price really goes down. because the bullish season is predicted to occur next year.
That's right, only those who buy at high prices will feel panic, for those of us who already know the right position to buy coins, we will remain calm and try to wait until the price is high and sell the bitcoins we bought during the bearish season.
Many people said the market took them unaware and it is very high, that they are waiting for correction. As we speak bitcoin has corrected and back to $60k, what have they done? They are waiting for more decline and before they will understand, the price will pick up again to progress to the bull run and then there will be more bugs because of FOMO. So, there's definitely gonna be FOMO buying, it's part of the cryptocurrency industry.

383
Stable Coins Forum / Re: Is Tether a Fraud?
« on: April 17, 2024, 03:08:32 PM »
Stablecoins are not fraud, we only have to ensure that the ones we are using or in support are the within the most recognized and supported ones, USDT is the best and most reliable stablecoin anyone could find being applicable for use in most instance, we have to know the true value and relevance in the use of this same tether and how its a global stablecoin where all currency pairs exist with.
It is not today that I started hearing about the USDT bubble and why has it not bursted. Every year you keep hearing so much rumour about USDT on how the owners are minting more of it everyday. We keep hearing how the government will hunt it down any moment. Yet, the adoption of USDT keep increasing and it can be regarded as the second largest cryptocurrency after Bitcoin. Let's keep watching, but for now I believe USDT.

384
But there's already one under privacy coin section, https://www.altcoinstalks.com/index.php?board=6.0.


It is just that in this forum, it is just easy to give boards and sub boards. Many of these boards lack activities. So what's the essence of clamouring for special boards when everything about this coin can be discussed under privacy coins board.

385
This could be a game changer for the Asian traders. There has always been discussions how the region is fast becoming the emerging market and I think the addition of crypto ETF will further entice investors.
My happiness in Hong Kong approving Bitcoin and Ethereum ETF is not about the price movement of bitcoin or any other impact in the market. I am just considering the overall physical importance in the global adoption of cryptocurrency, having known that China is about to make a U-turn about their decisions in cryptocurrency. The US and Chinese economy is the biggest in the world, having these two economies support bitcoin is a heavy advantage to the industry.

386
I am totally new to this forum, before coming to this forum I did a lot of research about Cryptocurrencies. I heard that Bitcoin will generate new ATH at the next halving which could be over 100k. Currently the price of Bitcoin is above 44k. Do you think bitcoin will really go above 100k in the next halving? Please correct me if I am wrong.
In the coming bull run bitcoin making above 100k s not that difficult, but I have a concern and that is what I refer to as 'selling pressure'. If bitcoin hits 95k and getting to 100k, many Hodlers will actually have to withdraw their profits and if that pressure of withdrawal at that point is very high, it will hinder the price movement of bitcoin. Unless it happens at the apex of bull run when coins move without limitations.

Op, consider to edit your poll and add other options. Only one option should not be replicated.

387
If you think about it deeply, you will understand that self moderation does not silent critics as admin suggested. Rather it reduces spam. If anyone's post is deleted by a self moderator and he feels that he is being silenced, he can simply go create a new thread for that respect. So, if you don't want to be moderated by anyone apart from admin, you should avoid posting in self moderated threads.

388
China's population plays a big role in every development that is carried out, including, of course, crypto. I really agree with you that if crypto can be developed and used there, then the impact will occur with crypto indirectly, because trade is very active with increasing Chinese being able to participate. China is a country that is very technologically advanced, so one day they will make good use of crypto or at least develop their own, which in fact the goal may be in that direction. We don't know and will just wait for further developments.
China is actively researching and applying blockchain technology to their country. We don't know exactly how they are applying blockchain technology to supply chains or transportation and education, everything is still a secret, but we know that there are blockchain alliances operating in China such as Blockchain-based Service Network. I have a feeling they are looking for ways to avoid the concept of crypto so as not to violate the regulations that are being applied to crypto. I doubt the feasibility of this effort because blockchain needs crypto to operate in a decentralized and sustainable manner. If China still wants to apply and take advantage of the value of blockchain technology, they will have to accept crypto.
I was surprised when China declared ban. I wasn't expecting them to do so because they have foresight and should have seen the future of bitcoin and cryptocurrency. I had thought that it was a strategy to make US ban bitcoin as well and they will return to colonize the industry. But their ploy failed. I have known China to be the rival of US and vice versa. Maybe the reason US didn't toe their lane. Expect China's return to the industry in a big and dynamic way.

389
Cryptocurrency discussions / Re: Stay away from crypto ponzis!
« on: April 16, 2024, 07:11:26 PM »
Whenever the market is being bullish you can see lot of investment schemes to invest your cryptos which claims to provide unrealistic returns.

Crypto itself and investment and 99.9% of the time when someone ask you invest money like send money to an address and you will get 10% everyday or there are extreme cases who convince you that you will double the money you send instantly are obvious scams.

I am creating this thread after seeing an Instagram post that claimed exactly what I said above. Please be aware and stay away from scammers.
The scam of bring one and collect two has been in existence for a very long time even outside the cryptocurrency industry. But I am surprised that people are still falling for such kind of well-known scam. Robbing Peter to pay Paul is the basics of Ponzi. But one funny thing is that some people will know that what they are into is Ponzi scheme, yet they would want to continue because they are early adopters and as they will say they will cash out before the system will crash. Ponzi is not a good system to adopt.

Now that bull run is by the corner, many Ponzi schemes will spring up to rob people their hard earned coins since bear market.

390
Quote
[bMisinformation : [/b]This has been a major problem affecting cryptocurrency in general. Certain crypto enthusiasts tend to disseminate incorrect information, especially regarding investment and profit making. They choose to neglect the risks associated with cryptocurrency, thereby putting someone's investment at risk. When things go wrong, the investor becomes a victim and starts condemning cryptocurrency in every way.

Misinformation is one major thing that is preventing the global adoption of cryptocurrency. It might not be among the most important ones to mention, but it's effect is negative in the cryptocurrency industry. When I was a newbie, I was evicting of misinformation. If not for my resilience and the persistence, I would have dropped out of the cryptocurrency industry prematurely. When I first knew about Bitcoin, the price was below 8,000 dollars, but someone who introduced me into cryptocurrency misnformed me that bitcoin was so high for me to purchase that I should rather go for other coins with lower price. I used a lot of money to buy what I later discovered to be shitcoins. On the long run I lost everything and bitcoin moved all the way from below $8,000 to above $50,000. That was when I realised that I met bitcoin early and assuming I started DCA then, I would have owned atleast 0.5 BTC.

It is this same misinformation that makes newcomers open account with centralized exchanges and began to use them as wallet because they do not know the implication. So anyone who was misinformed and there was no effort to correct the misinformation would likely exit the cryptocurrency industry and term it to be a scam.

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