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  1. Frinys

    Crypto - Bots - my Journey - (10% per month min.)

    HOT! CRYPTO INVESTING 
    I must say, I did not expect this thread to live for long. I'm impressed that you've kept updating the thread monthly. I'm also impressed by the performance of your bot. It still sounds like a "too good to be true" scenario. 9% profit the same month bitcoin decreased by ≈40%. If you keep this...
  2. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Haha, I agree, predictions are predictions! I just wanted some flesh on the bone, which you provided quite well!
  3. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Why fall 2022? BTC Halving is in 2024, and the price of bitcoin is historically (relatively) quite stable the years before a halving.
  4. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Just to clarify, @GPM is talking about sending the public key here. Never ever send your private key over email, that's about as clever as having an address tag on the key chain to your home.
  5. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Exactly. I think very few, if anyone, the potential of such a security providing system that Bitcoin is growing into. I too have wondered a lot about how this is going to affect the price long term. I've not gotten any smarter yet. Will update here when I have an epiphany, but I doubt that...
  6. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    As I see it, there isn't any real alternative to Bitcoin. There will be other options, indeed, but none which provide the same security and decentralization. I'll try to explain my thoughts as best as I can. For most use cases, Ethereum or something else will be the better option. We are...
  7. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    This is what makes Bitcoin so beautiful. It's the world's most secure system, the system can report a 100% uptime for the last 12 years, it has no off button, and its security can be inherited. Unlike staked coins, Bitcoin can continue forever without any governance, until we break cryptography...
  8. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    The market did exactly what was needed this week. People got too euphoric with shitcoins like Shibu, SafeMoon, etc. As someone whose primary focus is on technology, I'm glad to see that shitcoins get less attention after the 40% crash. (I did not write a master's thesis about blockchain to watch...
  9. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    This is extremely hard to pull off. I know that if I had USDT handy, I would have spent it when BTC went from 57K to 49K some days ago.
  10. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Is it time for the king to climb again? BTC Dominance is at 42%, and it was recently below 40%. It was at 60% just a few months ago. The cycle seems to be repeating. Over time, it's only safe to assume that BTC's Dominance is going to fall. But we may have reached a local low right now...
  11. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Remember to split your electricity bill with your son (assuming that the rig is in your house). He may have earned much less than 4K, he's just not the one paying the bill. :) Which, by the way, all kids out there: If you want a way to get more pocket money and live with your parents, start...
  12. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    It's unclear whether it's changing or ending. Everyone who mines Ethereum today will have to switch to other blockchains. We have two possibilities: 1. The value of these blockchains will increase. The blockchain networks will be securer since there are more miners. And a more secure network...
  13. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Lack of imagination and perspective? FOMO Hallucinations? What makes you so sure that $40K is more correct than $5K or $2K? Your arguments are just as easily applied the other way. "I suspect you only imagine that because you lack perspective. ETH to 40k is more reasonable for your mind to...
  14. Frinys

    Should you go for solving problems that require you to break through science?

    Definitely, if you have a hypothesis to work with. Things like electricity, the radio, airplanes, started as bold ideas that we now take for granted. I think that Dyson is an excellent example of a company that has done so. James Dyson had an idea that cyclones could be used in vacuumers...
  15. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Blockchain has its limitations. But decentralized storage solutions like FileCoin and SiaCoin may solve this use case in the future. You just have to find someone willing to pay for the storage.
  16. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    This is like saying that illegal torrenting can be controlled and seized because a few have gotten a hefty fine for illegal torrenting. But guess what, torrenting is at an ATH!
  17. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    There are two key features of blockchain that make this impossible. Immutability and distribution. I'm taking the time to explain why, because it's quite an important limitation of blockchains. Immutability Since blockchains are immutable, all data uploaded must be stored on the blockchain...
  18. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    I feel like everyone I talk to, I included, plans to sell because a gigantic correction is certain to happen. It seems so easy. Everyone knows exactly what to do. That makes me wonder, is it really so that we will see just another crash like after 2013 and 2017? Maybe we're in a supercycle. If...
  19. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    You don't need to own 32 ETH to stake. You can join a staking pool, or you can stake on exchanges. Currently, running a validator yields an 8.41% annual return, while a staking pool yields 7.49%. That one percent point is barely worth the hassle of running a validator, especially if you have...
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