Topic: Report plagiarism (copy/paste) here. Mods: please give temp or permban as needed - page 63. (Read 118621 times)

Plagiarism (copy paste).
User: prabhupawarr
Post link: https://bitcointalksearch.org/topic/here-are-the-best-cryptocurrencies-for-upcoming-indian-investors-5346365
[archive]

Cryptocurrencies are the most talked-about investments, as of now.
1. Bitcoin
Bitcoin is the first cryptocurrency and also the largest as per its market cap of US$646 billion. For cryptocurrencies, Bitcoin has become a household name with loyal investors who believe in its potential through market dips. Rightfully so, because Bitcoin hit its all-time high of US$60,000 at the beginning of 2021 and experts anticipate it will surpass the value soon. Many regions in the US and Europe have started accepting Bitcoins as a mode of payment, which shows the word’s reliability on Bitcoin.

2. Ethereum
As a cryptocurrency and as a blockchain platform, Ethereum is a developer’s favorite. When it comes to utility, Ethereum’s feature called smart contracts allows developers to build several blockchain apps around it that support NFT. Five years ago, Ethereum was priced around US$11 and now, its value has grown to US$1,967 (INR 1,45,939).

South African countries, Venezuela & El Salvador and others are adopting Bitcoin as an everyday currency for whatever reasons - Inflation, corruption destroying nation's currency etc.

It doesn't seem right that if a family has their money in bitcoin and can afford their rent and bills one week and the next week some western US bank or 'influencer' decides to dump their holdings or cause FUD and cause a 20% drop and then that family cant pay their rent or have enough for all their food shopping the next week right?

Just seems wrong to me the influence some people have and how it's affecting 'normal' people's lives who aren't necessarily using bitcoin as a speculative investment.

Paraguay's Congressman Carlitos Rejala has announced that he will propose a bill that would allow Paraguay to adopt Bitcoin as legal tender. He is working with local actors to make Paraguay a hub for investments in cryptocurrencies. The bill is expected to be presented in July. Paraguay could become a haven for Bitcoin miners.

Its both good and bad news :
The good - Bitcoin mining becomes much more decentralized as they are shipping those ASICs all around the world and to independent companies
While most mining in China was done with Green hydro , a subset was using dirty coal and those new mines elsewhere will have a 95% chance of being all green powered due to economic and efficiency reasons
The Bad- Short term it means that miners are likely selling most of their BTC on hand suppressing price due to being cash strapped due to having to temporarily shut down their miners and invest in new land/warehouses in other countries. (They are both selling their ASICs to 3rd parties and moving some of their private operations)

New, from Tesla: imagine a green power source that pays for itself passively and actively. A power source that generates electricity for your home and crypto for your wallet.* Mine crypto in a sustainable, environmentally-conscious way and grow your savings, guilt-free. The Tesla CryptoWall® is here. Pre-order yours now.

*Mining subject to a 10% surcharge paid automatically to Tesla Inc.

Till it gets mass adoption and /or government backing, I feel it will remain a speculative asset. So until then , anything can happen (take for instance China who are actually curbing crypto mining now after years of repeatedly banning Bitcoin ) -- and this would be a part of the risk associated with crypto.
For now, I feel it should be treated as an investment option till there is more mass adoption. Had I been in that your position, I would have withdrawn that portion of BTC periodically needed for my living expenses/other investments and leave the rest as BTC.

So many muricans in this space who won't admit it, but their overly simplistic "CCP bad" narratives have blinded them to the fact that China has extremely ambitious green targets, and PoW, unfortunately for BTC, goes against those targets. It is not about control at all - seeing as the ledgers are public, the state can use the blockchain as a surveillance tool, but it didn't.

The security risk is just one thing and lets be honest if you setup stuff properly and are awake you are pretty safe on an exchange.
The big problem is that not owning your keys is giving power to a centralized party.
It is undermining the essence of Bitcoin.
In this same way gold Smiths started storing gold for customers to give them a IOY in return. They realized only some 20% of all gold brought in was actually asked back at any given time. So they started to lend out some of that gold in their vault to gain interest on it. When that was abused to much people got suspicious and demanded their gold back, hence the name bankrun.
There is nothing stopping exchanges to doing exactly this. They will make Bitcoin a derivatives game, giving people fiat based on paper bitcoin possession.
We won't be knowing how much fiat is backed by how much Bitcoin and we are back at where we started.
Bitcoin is designed to provide true ownership, it is made easy and unambiguous.
Only in that way true decentralization can be maintained.
Perhaps you should try to explain this to your friend.
Be prepared for many follow-up questions about a lot of stuff..
But there is a risk she isn't interested since this would mean she has to put in a lot of effort to really understand the systems.
Many are in it for just some gains, we have to try nevertheless.
Success!

Entering crypto itself is a risk, and as you stay inside the market, everything gets riskier and riskier. The volatility of the market can't be controlled but you have the power to choose whichever coin you invest into. If you look deeper, there are plenty of coins worth risking for. I just look at volatility as more low buying opportunities. Volatility is an entirely different thing than rate of return. Btc has a very high historical rate of return. As long as you can stomach swings and have a long time horizon, it's not really an issue. This is all from a financial prospective. I also invest because I fundamentally believe in crypto, and believe it could lead to a better future for humanit

Lots of newbies ask this question.

I guess the simple answer to this question is — it's the choice of people + the opportunities crypto offer over stocks or Gold.

In simpler terms for a better Risk Reward Ratio.

There are too many options available to invest our hard earned money. Generally risk averse people choose FDs or if little better then it's Mutual Funds.

People with little more risk appetite go for stock markets and no doubt crypto market. Age definitely matters. As with our age; risk taking capacity decrease.

That's why you will find max number of people (at this stage atleast) who are invested in crypto mostly between (22–34 ). I am not saying this arbitrarily. There were many researchs in the past that suggests this.

As crypto is a comparatively a new market ; there is no price stability & a little news or event can shake the market well. Thats why tweets from Elon Musk can turn the whole market in red. Though it's not true that this manipulation part is absent in stocks. You must have seen that a little statement from Footballer Ronaldo tanked the share price of cocacola within 24 hours. Manipulation is everywhere.

So the bottom line is — it's the risk taking capacity of any person that drives them towards any market.

But sometimes not taking risks is the biggest risks people take. As the whole world is adopting this new type of asset class ; allocating a small percentage of your portfolio ( say 5–7% ) into crypto can be good move. Though it's not a financial advice.

First, some background. Bitcoin is often (falsely I might add) criticized for being centralized in China. This criticism includes the fact that China "owns" most of the hashrate (often cited at 70%+) and therefore controls bitcoin with the threat of shutting down the network or confiscation of coins. While this FUD is easily disputed if you put in the time to do the research, the reality is that it is 10x easier to simply spread fake news.

Presently, Mining moving out of China is now being labelled as bad for Bitcoin even though it was previously used to accuse bitcoin of being a China coin. As usual, FUD and short term price are often noise. Focus on the signal, Bitcoin is distributed ledger that ensures 21 million coins, immutability and uncensorship resistance. As long as the fundamentals continue to grow, Bitcoin is provably stronger.

Govt committee recommends ban all cryptocurrencies, except those issued by state: FM

The central government will take a decision on the recommendation of committee and legislative proposal, says FM

A cryptocurrency bill is being finalised and it will be sent to cabinet soon, minister of state for finance Anurag Singh Thakur said

A high-level committee suggested that all the private cryptocurrencies, except any virtual currencies issued by state, will be prohibited in India, finance minister Nirmala Sitharaman said on Tuesday.

In a reply to a question in Rajya Sabha whether central government is planning to issue strict guidelines on cryptocurrency trading, Sitharaman said, "A high-level Inter-Ministerial Committee (IMC) constituted under the Chairmanship of Secretary (Economic Affairs) to study the issues related to virtual currencies and propose specific actions to be taken in the matter recommended in its report that all private cryptocurrencies, except any virtual currencies issued by state, will be prohibited in India.

Plagiarism (copy paste).
User: Kara Orrico
Post link: https://bitcointalksearch.org/topic/m.57312446
[archive]

/cut/
copy paste from reddit (including a typo in the title  ): https://www.reddit.com/r/BitcoinBeginners/comments/o6zpk3/how_do_we_not_run_out_if_bitcoin_eventually/

We've got Michael Saylor hoarding

We've got millions of people losing their keys

We've got guys like John McAfee dying, maybe with thousands of coins locked up forever

How does this not end up where a very small group of whales own the majority of coins and the rest own a miniscule amount of sats, and/or progressively more and more get lost throughout time?

Bitcoin is 12 years old and some say 6 million coins are lost at a guess.. The fact they are gone forever, to me suggests that this cannot be 'the future of money', as more and more will continue to be lost each year.

We've got Michael Saylor hoarding

We've got millions of people losing their keys

We've got guys like John McAfee dying, maybe with thousands of coins locked up forever

How does this not end up where a very small group of whales own the majority of coins and the rest own a miniscule amount of sats, and/or progressively more and more get lost throughout time?

Bitcoin is 12 years old and some say 6 million coins are lost at a guess.. The fact they are gone forever, to me suggests that this cannot be 'the future of money', as more and more will continue to be lost each year.

First time I had chest pains, I woke up at 3 in the morning thinking I was having a heart attack. Pain to the left of my sternum going all the way from my front to my back. First time I had chest pain that actually felt like it was inside my body. I was panicking and trying to get out of bed but couldn't because of the pain. Ended up dragging myself out of bed sideways and collapsing on the floor.

The thing was, as soon as I was upright, the pain went away completely. I sat upright on the floor breathing properly again, then tried to go to bed again after about 15 mins. Pain returns with avengeance. It was only happening when my body was vertical. I figured it wasn't a heart attack, so I spent the rest of the night sleeping upright in a lounge chair.

It was a bad case of costochondritis (from stress and overwork) so much that one of my ribs had slightly dislocated.

Still, it was enough to scare me into getting healthier.

The current Dogecoin is a very popular coin. The value of these coins has multiplied since 2021. And there are various speculations about this. The ''shiba community'' said yesterday that the value of these coins will continue to decline very soon.

Tesla and SpaceX chief, billionaire Elon Musk, has posted a response to the recent negative assumption of the Shiba Inu Community about his favourite Dogecoin.

In the thread that touches Cardano’s ADA, billionaire crypto investor Mark Cuban and his recent investment in the DeFi Titan project that then made a rugpull, the conversation turned to Dogecoin.

Promiment DOGE Twitter account “Shibetoshi Nakamoto” has assumed that Dogecoin transaction fees are going to be greatly reduced soon. Still, they said, people are using this meme-coin anyway.

The person behind the anonymous “Shiba Community” account tweeted that nobody is going to use Dogecoin and some are only utilizing it thanks to Elon Musk.

However, the anon opined that as soon as Musk dumps it, DOGE will become useless.

The Shibetoshi Nakamoto responded that this was just at attempt to shill the SHIB coin.

Elon Musk agreed with that, tweeting “ha-ha”.

Noted: This ios a news which was aired yesterday.

Chinese authorities in Sichuan province forced energy distributors in the region to cut the supply for 26 bitcoin mining farms on Thursday (18), according to information from The Block.
Mining companies had to turn off their machines to undergo an inspection that should last until Sunday (20). In the order issued jointly by the Sichuan Department of Energy and the Development and Reform Commission, it is not clear why these facilities are being investigated.
Today’s ban, therefore, signals that officials from different territories are following to the letter the crackdown advocated by the Chinese government last month, regardless of the type of energy the miners use, or whether they are registered or not. At this rate, four provinces have banned mining in the Asian country in just over a week.
In addition to disrupting the activities of facilities that comply with the law, Sichuan authorities said they would also crack down on the operations of informal miners who obtain electricity privately.

​Indian investors are increasingly allocating a separate place for cryptocurrency investment in their portfolios.
Bitcoin touches $64,000 high as traders eye Coinbase listing
Bitcoin climbed as much as 1.6 per cent to as high as $64,207 in Asia trading. Cryptocurrency-exposed stocks such as Riot Blockchain Inc. and Marathon Digital Holdings Inc. advanced during U.S. trading hours.

Your Bitcoin wallet is a Deterministic wallet. If you want to maintain anonymity on the Bitcoin network, it is suggested that you use a address each time. So each time when you create a new public address, it’ll come with a private key. Each private key associated with a public key (the address) lets the user access the funds which are accumulated in the address given by the public key. Suppose your wallet was a Non Deterministic wallet. In this case, if you were to create a new address for each deposit that you receive, you’d create as many private keys as public keys. Thus if you were to back up this wallet, you’d need to store all these private key - public key pairs.

Instead, you could use a Deterministic wallet. A deterministic wallet uses a seed key which is used to generate all subsequent public key - private key pairs. This seek key is fetched using the seed words that you get when creating or backing up your wallet. So now, you can create as many new addresses on your wallet as you want but when you back up your wallet, all you need to store is the set of seed words. When you restore your wallet, enter these seed words and your wallet will automatically create all the public key - private key pairs you own and give access to all your funds.

In summary, a the private key is what lets you access the funds associated with one public address in your wallet. But when you create new public addresses for each new deposit to your wallet for security reasons, it also creates a new private key which means when you backup your wallet, you’ll have to save all these public key - private key pairs. Instead if your wallet is Deterministic, you could simply use the seed words to restore your wallet. Seed words can be used to programatically generate all the public key - private key pairs you own.

It's a good thing that I am not in any trouble, I know how nitpicky some people are and that's why I am scared when I do something that I feel is wrong even though I do the right thing.

Moderators are adequate people, and they perfectly see who copies whom. I will tell you more, not always the presence of just one plagiarism leads to a ban on the forum. So stop being paranoid, you are on the human forum, not the AI.

Even though I don't plagiarize my post, I feel like I am worrying aver something because sometimes my thoughts and posts share similarities to other posts and am I paranoid or are there grounds for my paranoia because as you have said, it only takes one post to be hit with a ban hammer.

The beauty of plagiarism on Bitcointalk is that you only need one piece of evidence to get a ban. Adding more posts only means more reading for the Mods. Keep it short
Mirabelbrown is Nuked already.

Earlier today people are blaming the country political parties for pressing ahead with crowded campaign rallies for state elections. India daily case members began rising at the end of February after falling steadily from mid- September 2020. At the same time, India political parties have been campaigning for a series of state elections in West Bengal, Assan, keral and Tamil Nadu.
        The people say there was a spike due to election rallies, they said campaign have often involved numerous rallies with large crowds. With minimal social distancing and very little mask wearing. Political campaigners and candidate were also seen not following covid19 safety protocols. Although India election commission issued warnings about such gatherings in one of the key election battlegrounds, West Bengal state.it finally banned rallies there on 22 April after noting that many politicians weren't sticking to safety rules.
  I suggest that the politicians should be held responsible for their inept behavior, citizens should work with the government, follow covid19 measures and stay safe.

Or even much sooner, when there's only 2 or 10 left to mine?

I guess because by that point the price of electricity to mine will become so huge no one will want to, and the psychological deterrent of buying insanely expensive coins. I can see it crashing because people will think "well there's no more supply, and those that have it won't relinquish it." I don't know there's an economic term for it, something like fatigue.

But also like... Right now we're still in the early stages, and Bitcoin isn't really being used as a currency. But people are buying right now because they think that, one day in the future, it will be used as currency in every day life. But everyone is just a hodler because of game theory and the price going into the millions in the future, then... It'll never be used as currency, because nobody will ever ever want to spend their sats. And so it's like... If it's never actually used as currency, and everybody realizes that everybody else is just hodling, then that's when it crashes. And all it will take is some giant that holds thousands of Bitcoin to sell out before everyone else does, and it'll crash and become worthless. Because right now crashes are fine because everyone still believes in it (like any currency, it only has value because people believe it does). Like, does that make sense?

People don't use gold in every day transactions, they haven't for hundreds of years basically. Fiat was developed using gold against it bc gold wasn't easily transportable, etc etc. If Bitcoin is digital gold, except with the benefit being transportable and divisible, then... Why would anyone ever spend it, if it's always going to be worth more in the future?

Or maybe the price will stabilize once the last coin is mined, 100 years from now, and then that's when it will finally be used as currency.

in addition, his latest post is also copy paste. ==> https://bitcointalksearch.org/topic/five-benefits-of-bitcoins-5344063

Please Nuke Newbie Mirabelbrown for plagiarism.

Copy:

Original: 140fund.com

In order to safely store, send and receive bitcoins. Individuals must setup a digital wallet. A wallet is a file that houses all the unique keys( password) attributed to an owner's bitcoins and where their valve will be recorded and synchronized when sending or receiving payment within the system. Wallet typically come in two forms; hot and cold. Hot wallets are connected to the internet and allow for instantaneous transfers online through block chain. Cold wallets are offline wallets that live on a users computer. Cold wallets offer a greater level of security but the transaction process is longer and more cumbersome compared to a hot wallets

Are you new to cryptocurrency, or have you been into the system for a long while? I am sure you must have come across people saying statements such as "high transaction cost" or "low transaction cost" or fee, vice versa, as the case may be, most especially when referring to bitcoin and Ethereum blockchain. So in this article, I will be bisecting and dissecting what transaction cost or fee is, why its value increases/decreases for the popular blockchain of the likes of bitcoin and Ethereum.


AREA OF FOCUS
1. What is transaction cost?
2. Why do transaction costs rise or fall?
3. How does Bitcoin transaction cost works?
4. What are the possible time when a transaction cost is high or low?
5. Summary


1. What is transaction cost?

A transaction cost or fee is the amount that you pay a payment processor to transfer your money from one location to another, like from one bitcoin wallet to another or from your credit card to a business.



2. Why do transaction cost rise or fall?

Understanding why a transaction cost of bitcoin rise or fall, requires a basic knowledge of the economics law of demand and supply, which states that "as the supply of goods and demand for that goods changes relative to one another, then the price that purchasers have to supplier, or that supplier can charge to purchaser changes. This means, when demand is high compared to supply, the price will be higher, while when demand is low compared to supply, then the price will be lower. In other words, what this statement means is that, when the demand for bitcoin is higher, so will its transaction cost increases, but when its demand is lower, then so will its transactions cost also decreases.


3.  How does a bitcoin transaction works?

For bitcoin transaction to be processed, it has to be confirmed within a block of the transaction on the blockchain, of which there are so many transactions that can fit within a single block on the blockchain, whereby a single block on the blockchain is created roughly every ten minutes, which contains an average of 2000 transactions.


4.  What are the possible time when a transaction cost is high or low?

Bitcoin tends to have a low transaction cost mostly during periods of low demand, and sometimes weekends because fewer people are trying to use the bitcoin network. However, during periods of high demand for bitcoin, like the bull market or the decentralized finance (DeFi) rally, transaction costs can get quite high as more people compete to purchase the limited transaction space on the blockchain.


5. Summary
I remain your young crypto enthusiast...😍😍 "Muenalo"