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Sykkuno

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Everything posted by Sykkuno

  1. Yes this was correct as we have seen the results and perhaps it was half of all of this on the halving and the rest on the institutional adoption of Bitcoin as an investment, maybe it couldn't have been like that if the halving didn't have this much effect on reduction of volatility and selling.
  2. A great move by Twitter, although I see many problems to have if there is any result from the research team and maybe it won't apply easily, there is a big gap between announcing of thinking about something and making it come true, and personally I think it will not happen for twitter, however there will be decentralized networks that could become dominant.
  3. It is good description but no need to have the satoshi Bitcoin made into sats, after reaching a higher number of Bitcoin we don't use satoshi, for example we don't say a million satoshi, just use 0.001BTC instead, the same with talking about Bitcoin, we say 100BTC not 100,000,000,000 satoshi.
  4. How will the currency not lie with the banks, basically what this means exactly? The digital currencies governments are making will have some features to be centralized as I read and the central banks will control transactions, this is worrying the banks?
  5. Well, it did and also did 30k, we can sit back and watch what is going to happen next because I also thought that price would go back to 20k and it did not, it seems this price wasn't but just a local top for 2020 as it passed it later with ease.
  6. Right now Ripple is having a lot of troubles, with the Sec decision to rules Xrp to be a security and having data of the money collected from Xrp sales by Ripple for many years, it has first to fight a lawsuit in the court, but there may be some form of agreement and a settlement between the two that will solve this, however until then any reallocation of the base of operations for Ripple will not mean anything.
  7. I remember when made an account at Paypal reading their regulations and something that was a user agreement, it was horrible, I mean who read that piece of junk and accepted it, it basically says that for any reason Paypal can seize your money and even have complications with your bank, as it can request money back from your bank. I wonder if anyone ever read these rules and who in their right mind agrees with this.
  8. Logic bought at a price of how much could it be, perhaps $15000 and pocketed easy 6 more million, as price is not $40,000 and he can easily sell some and hold what he put in Bitcoin, or if he doesn't care a lot about money can hold for another year to pocket even more.
  9. The miners select the transactions, then create the block according the the bitcoin software rules, and the blocks are added to the blockchain one by one, every ten minutes, while they are all connected together and transactions are also connected with hashes.
  10. Bitcointalk started in 2010 by Satoshi, but for many years now doesn't have the same appeal as it used to, many have abandoned it compeltely and not even logging in for years, so it could be that those that are left today in btt have made others leave with their actions and attitude. An attitude that many have noticed to be very negative to new people and very impolite and restricting anyone from ranking.
  11. It means that Ethereum is the second best and will always be, it will always be bound to follow Bitcoin to whatever price action Bitcoin has and never will it escape this trend that has been established for all altcoins. Since this is about all altcoins it is possible that when something that doesn't follow Bitcoin appears, it may be the next big thing in crypto, but nothing has done that.
  12. Thanks for informing about this BMC mixing website, I never used mixers but read that it would be better if there are decentralized mixers, as it would have less problems in the case anyone running the website decides to exit scam. I don't recommend using any mixer as the accounts produced are not accepted by many exchanges.
  13. I have noticed recovery for price and some moves by the xrp community that seem to be strange to understand. Ok, I know that everyone loves their bags and hope they will sell their xrp higher, but I don't understand why they don't accuse the Ripple executives that did all that. Every month we remember Ripple selling, why they didn't say anything about that and just try to excuse what Ripple was doing. Seems to be not very honest from those that do that.
  14. There have been a lot of these coins about covid and all were terrible some were even scamming people. There have been coins about everything so some devs thought it would be great to make some money from this, which was a very bad idea to even consider.
  15. It is a time to give 100% on Bitcoin and be focused on what we do, this is what we have been waiting and any opportunities we see we must follow and grab them, do correct trades, risk even lower and hold, as Bitcoin is giving us a lot and the field is also giving many opportunities we can't skip, as they might take years to find again.
  16. I wonder if SEC has put Ripple in courts and accuse of foul play, how the rest partners of Ripple feel, as banks usually don't like to have anything to do with unlawful companies, however the SBI bank in Japan supported Ripple, probably having big investment interest in doing that.
  17. Eth and btc fees are very higher lately from what they used to be, this on average for a long time, but this is how the blockchains scale right now, they scale in the side of higher fees, the more they are used the higher the fees will be. However, we can find times when fees are low, perhaps insignificant and make some transactions at these times without having to spend a lot of money. For BTC there are times when the miners clear all the transactions even those that send with very low fees, but for Ethereum usually this doesn't happen. The ETH fees are more strict and if you send today with a very low fee, it may never be mined as for many months now the lowest fees I've seen were 30 gwei.
  18. It is important because the logo makes a brand recognized, this is not about crypto, it is for companies and currencies, but for crypto it is becoming a form of art and makes cryptocurrencies look more appealing, we all remember the Bitcoin, Litecoin, Ethereum logo they are imprinted in our brain, and this is why a logo has importance, to recognize the product easy and fast.
  19. You are right, many even the big whales are getting scared when prices drop and sell at the very low prices, but for people that bought at $1 there is not much difference, although there should be rational selling and not dumbing, this makes everyone hate the market and while we buy the dip, the whales make it go lower.
  20. The bounty hunters should be more selective, there are many bounties running and a very high percentage of them is worthless, while they are also very demanding lately, a bounty hunter that spends all his day with bounties may make probably $100 and no more at this time, while earlier in the ICO years it was a lot more.
  21. Any predictions made may make us look like fools lately, price keeps rising because those that buy, do it with billions, so we can't predict if $40k will be a good price to sell or it will be just a low price for the next of the year, I was surprised at prices even reaching $25k but anything can happen as it seems there is enough money from institutions that can change everything a lot faster.
  22. Maybe it still has a lot more to grow and perhaps one trillion will still be low, we see many new cryptocurrencies growing into billions of market cap and Bitcoin keeps pushing higher, so probably the market cap by the end of the year it could be double or more.
  23. After looking at those websites for a while, I discovered they are not worth our time and I would never pass KYC for any reason in there, or probably anywhere, however if you are making money from any of these platforms you should give us an estimate of profit/day, otherwise it doesn't make sense to look forward to anything.
  24. The price of Bitcoin can rise exponential, it is not just going to keep rising slowly, when it grows it does that in massive green candles and can double up in a few days. Even today, we are at $40,000 and price after two weeks can be $80,000 the way Bitcoin keeps growing, but at one point it will be at the top after reaching very high and it will drop afterwards, so try not to find that point to buy.
  25. The final halving will be in 2140 when all Bitcoin will be mined and the last halving will end the new Bitcoin given to the miners, after that it will be only fees for miners. I don't know if Bitcoin will last this long, nobody does and we won't know either as we won't be living for 140 years, this is a lifetime nobody achieves.
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