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  1. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    This sounds exactly like people during the last months of the 2017 bull run, except that DeFi was replaced with some smart contract stuff. While most of this probably is right in the (very) long term, it sounds to me like you are too invested in DeFi right now. Maybe it is time to take a step...
  2. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Don't forget music and movies. Billions of dollars in lost tax money. Every year. If Bob communicates directly with Alice over a P2P protocol, how do you know that the encrypted traffic is legal or illegal? It's not possible. If it was, it would have been stopped a long time ago. What are you...
  3. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Yep, this is the big if. Unfortunately, it seems like most people don't really care about privacy. I agree. I did absolutely not try to shame or judge drug users, I'm sorry if it appeared so. It was only used as an example. It will still be illegal to avoid tax and launder money even after...
  4. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    I have an opposite view. While I like the tech, I do not think Monero (XMR) will be as much used as many other coins. Since it is an untrackable privacy coin, it has drawn attention from many developers, tech geeks, and early adopters. It has, unfortunately, but not surprisingly, also drawn...
  5. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    We are here: The United States had 18 billion visits to torrent websites in 2020. That is the opposite of control. If the government of the United States can't stop torrenting, which is an illegal activity, how in the world are they going to stop crypto?
  6. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    The energy sustainability thing is a misconception. People think that the energy is wasted, just to generate Bitcoin. That is not how it works. The energy is used to secure Bitcoin. To rewrite the last 10 minutes of Bitcoin transactions, an attacker must have access to more energy than...
  7. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    You are welcome. It seems to me like you lack a very basic understanding of Bitcoin and blockchain technology. That's also why you get so many negative comments. I'd suggest you do some blockchain research to try to understand the fundamentals. This is exactly the point of blockchain...
  8. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    This post got a little longer than it was supposed to. I hope that I can help explain why such crypto chaos will never happen so that you don't have to fear that it will. :) I don't think the crypto chaos you are talking about will happen. Remember, everything currency fluctuates. But price...
  9. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Yep, it will. The fee argument illustrates why Ethereum is much more valuable than Cardano. Cardano does not even support dApps yet, while Ethereum has so many dApps that the fees are getting out of hand. Right now, the fees are acting as proof that Ethereum is useful. The big question is...
  10. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    I agree, it would definitely be the best for long-term adoption. But with corona free time, stimulus checks, and the stock market going bananas, I don't think that will happen.
  11. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    I have never seen more different price opinions in this thread than now. Here's my opinion. The Asian stock market is up. February Bitcoin futures expired last Friday. Positivism is returning to online crypto forums. People are starting to talk about the stimulus check. Very soon, the heaviest...
  12. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Massively overpriced. People focus too much on Ethereum's high fees and buy Cardano as a hedge against it. Yet they forget that Ethereum's fees are because people are willing to pay those fees. Ethereum has a lot of use cases, and people are willing to pay high fees for those. It proves that...
  13. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Yep. I find their Proof-of-Transaction (PoX) security inheriting protocol very interesting. I definitely think that security inheriting protocols are the future for most blockchains. Only the biggest chains can be secured with Proof of Work. Therefore, it makes much more sense to inherit the...
  14. Frinys

    Doubt based on adding extra content to simple and unique website

    I think you are right. I also think that you want us to say that you are right so that you can show the rest of your team this thread. Which will do no good. - Do you have any users yet? If no, you should focus on this. One feature suggested by a user is worth hundreds of features you think you...
  15. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Just wanted to add some more pictures. This is what Google Trend looked like in the end of September 2017. As we all can see, the trend blew past the previous ATH (Dec 2013). And let's look at another picture. What the trend looked like at the end of 2017. As we can see, the trend...
  16. Frinys

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

    HOT! CRYPTO INVESTING 
    I completely understand your approach. I do not want to bash, I want to save you and anyone else who decides to follow in your footsteps from losing a lot of money. Do you take taxes into account when doing this? In most countries, all exchange of crypto is taxable events. Does your bot lock...
  17. Frinys

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

    HOT! CRYPTO INVESTING 
    In the past 3 months, the total market cap of all cryptocurrencies has increased from 500B to 1,5T. That's a 200% increase. It's almost impossible to not earn money in crypto right now. You have had an increase of ≈17% per month. That's a 60% increase. In other words, your bot is...
  18. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    It really depends on the use case. Inflationary assets encourage spending, while deflationary assets encourage saving. Dogecoin falls under the group of inflationary crypto assets. Bitcoin, on the other hand, is deflationary. Inflationary assets are preferred as currencies. One USD was worth...
  19. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Thank you! :) I did not mean to turn one coin against another. I don't even think that's possible. I meant that it is impossible to secure all PoW coins from outside attacks where hash power is rented (e.g from NiceHash). All PoW hashing algorithms still rely on more or less the same hardware...
  20. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    To hold DOGE now is a sidewalk move. You waste your money on a gamble that some guy will tweet something that will send DOGE mooning. When the biggest motivation to buy a cryptocurrency is a famous person, you better be careful. Most probably, it will crash hard. The only reason for its...
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