Crypto Currencies?

Started by Derron, January 11, 2018, 15:52:17

Previous topic - Next topic

RemiD

QuoteI had spent time working on a piece of code that later someone else used commercially and I was not involved in or credited.
well it has happened and will happen to anybody who posts his code on public forums. personaly i don't see a problem with this, this is how we all learn to code new things.
but if you don't like that others will use your code, don't post it on public forums. simple  ::)

RemiD

#106
i want everybody to know that somebody stole 10xmr from me, because i have posted the private key of my wallet on a public forum, and i am really angry about it. :))

edit : (this is humor / sarcasm)

Derron

Quote from: RemiD on March 30, 2023, 11:37:45i want everybody to know that somebody stole 10xmr from me, because i have posted the private key of my wallet on a public forum, and i am really angry about it. :))

Think the 1400,- Eur loss made think twice on what to post and not?

Hope the invest was less than what it is worth now.


bye
Ron

RemiD

@Derron>> i did not lose anything, this was humor (sarcasm)  ;)
to insist to not post informations that you want to keep private, on public forums (like what Kryzon did in 2013 on blitzbasic and then complained here...)

my cryptos wallets and units are fine and safe. 8)

Derron

This far from being the same or even equal.

Why? Because your coins would not be "copied" but simply no longer be yours once they moved it.
Code is copied. All parties can still use it

Yet both can have financial value - of course - and with "copying" the value might decrease (being less exclusive). But this is not what I am discussing here.


bye
Ron

RemiD

QuoteBecause your coins would not be "copied" but simply no longer be yours once they moved it.
unlike fiat money (which can be 'printed' infinitely since 1971) :o


however 99.9% of crypto currencies are useless and are similar to the lottery / scratch games / casino.

but some are useful, and it will become clear in the near future. (imo)

RemiD

#111
some news :

2023.06.04 :
interesting event which is happening these days, the USA government will rise his 'debt ceiling', so that it can borrow more money to pay for his expenses.

but who will buy the USA bonds nowadays (june 2023) ?
when in march 2022, the USA government seized russian dollars and bonds, therefore did not honor his debts (and also blocked the russians to use the international money transfer system 'swift').
and therefore russian allies and others countries took note of that, and the international money order will most likely change because of that.

( i am not pro russian, i am for a more neutral and more fairly emitted and distributed money )

so the USA central bank (the 'fed') will most likely buy these new government bonds, and this is exactly what we call 'magic fiat money' emission, and therefore the dilution of the fiat money supply, and therefore the decrease of the purchasing power of this fiat money (usd).

this is in fact a hidden tax on the savings / incomes of people.

same thing will most likely happen in the EU (with the eur).

hence gold, silver, bitcoin, bitcoin cash, litecoin, monero, which are international, decentralized, open source, protocols / networks with a counterpart for the emission of each new unit, and a max supply or negligible increase of the supply, so that the purchasing power is not decreased but increased with time, compared to the fiat currencies. (and also governments can't block the accounts or transfers of these units).

but of course, governments don't like what they cant control, so they will create regulations and taxes and restrictions to slow down the adoption and use of these new currencies.

the high volatility of crypto currencies is because these are new techs, and not many people own it or use it yet, so the capitalizations are low, and depending on macro events, this cause bullish trends or bearish trends, which affect the prices...

make your bets :D

Naughty Alien

Quote from: RemiD on June 04, 2023, 11:12:52some news :

2023.06.04 :
interesting event which is happening these days, the USA government will rise his 'debt ceiling', so that it can borrow more money to pay for his expenses.

but who will buy the USA bonds nowadays (june 2023) ?

..whatever is going to happen, USD is kaputt, and im afraid EUR as well, based on what i can see here in South East Asia where i live, as well as worldwide..

RemiD

#113
some news :

2024.01.17 :

the bitcoin spot ETF was the narrative of the past few weeks (2024 january 10th), which made a lot of people bullish (not me since i think that tradfi and governments and central banks corrupt the money and the commerce with too many rules / taxes, to protect themselves and to limit others, but of course we need some government to organize society, but maybe less government)

anyway, not much happened since then, the bitcoin maxis look like fools at the moment, but the situation may change if indeed some big investors start to invest in bitcoin.

personaly i think that tradfi will corrupt bitcoin even more, and hijack it from its initial purpose, which was to be a decentralized peer to peer digital currency for payments between people and for commerce.

for those who have researched the history of bitcoin, you may realize that bitcoin segwit (btc) is a limited version of the original bitcoin (before 2016), and that bitcoin cash (bch) is what looks / sounds more like what bitcoin used to be at the beginning. this is controversial and the scaling debate is not over...

see this video as a reminder of how bitcoin was used peer to peer, everything on-chain, in 2013 :
https://www.youtube.com/watch?v=HhM4cqg3vxc

and monero (xmr) would be an alternative to bitcoin (a different protocol), with private (opaque) accounts and untraceable transactions. ( in case you don't know, bitcoin has public (transparent) accounts and traceable transactions ).

here is an ancient post, by satoshi, in 2010, which talked about how to add privacy features into bitcoin :
https://preview.redd.it/40zi1zi22ks61.png?width=960&crop=smart&auto=webp&s=85ffb1d082d51a7d1d32977e125e6a9241465474

so nowadays, bitcoin is appreciated by celebrities of tradfi, and marketed by mainstream medias, but monero is delisted from exchanges, nothing more to say...

some people think that if somebody is interested in privacy coins, or to preserve their personal informations, it is because they have something to hide.
yes it may be the reason in some cases.
but no it is not necessarily the reason in most cases.
personaly, i prefer to have my savings, and the details of my transactions, and my personal informations, not known to every others humans on the planet, because this is not their business, but also because this protects me from scammers and identity theft.
the governments can access these details anyway if they need it, but let's not share these details with all scammers / malicious persons on the planet ?

and with AI and deepfake this is even more relevant to not post every detail about your personal life on the internet (but you do what you want).

that being said, i am currently interested in :
monero xmr  (for the peer to peer cash between people and for commerce)
bitcoin cash bch (for the peer to peer cash between people and for commerce)
bitcoin segwit btc (for the pump and dump with tradfi money)
ethereum eth (for stable tokens)
smartchain bnb  (for stable tokens)
tron trx  (for stable tokens)
solana sol  (for stable tokens)
algorand algo  (for stable tokens)

events which may pump / dump the crypto markets :
- april 2024 : bitcoin halving
- november 2024 : presidential elections in the USofA (which will impact the moneytary policy of the american central bank (FED)

( i don't claim to know everything, this is my current understanding of this field, you are responsible of your own choices. )

that is all for now.  :)