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A block is a list of transactions. Each block has a reference to the previous block hash.

But what is the reason to group into blocks in the first place? Is that only for rewards purposes? Could transactions just reference each other directly through hashes, without the need to build a block? Or some other data structure?

Welcome To r/Cryptocurrencies' Weekly General Discussion.

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Hello!

I have been trying to make a BTC transaction through Binance, on their FAQ it says they support BTC Lightning which is why I bought my BTC there. Now that I am trying to withdraw, I am left with only one option and that is to pay 50 USD fee.

Their support is awful - first confirmed they have BTC Lightning, but then claiming it doesn't work at the moment and don't know when it will.

What is my option? Can I convert my BTC to ETH or something, transfer to a different exchange (which one?), convert back to BTC and send from there? Or what should I do?

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Some analysts have supported Bingx's open support for Iranian crypto traders despite the US SEC and Judge ruling against such an act. Financial inclusion through decentralization is one of the core aims of Crypto. Though some argue that regulations hinder crypto growth, they agree that it increase adoptions due to more investors. US regulations have huge impact in this ecosystem. Imagine the impact of US SEC on Bitcoin, ETH, and XRP, even CZ couldn’t overcome the hammer. Challenging such powers could spell doom for any exchange, token or individual. In as much as I believe that Bingx support for Iran is in line with financial inclusion of crypto, it repercussion is something to consider.

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If I hold bitcoin for two years on one exchange and then transfer it to another exchange, Does the holding period changes or remain the same?

Reminiscing on Arthur Hayes's tweets on his visit to his ancestors in quest to know when the bull-run will start. His prediction after his acclaimed encounter really baffles me. Thanks for Coingecko recent video on “How high can Ethereum go in 2024.” The bull-run is inevitable and such predictions and speculations are bound to fly around. Some might come to pass while others will remain a mirage. Standard Chartered has hinted at possible ETH spot ETF approval on 23rd May and expects ETH to hit 4000 by then. JP Morgan was also in the prediction picture and relied on the upcoming Cancun upgrade as a catalyst for ETH performance that will propel the price to over 8000 by 2026, is that not far? Arthur Hayes has a different view to all this prediction and sees eth at 100k. Though, I believe we will eventually get there but definitely not in this bull-run.

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https://preview.redd.it/m7tjaoqkcetc1.jpg?width=1080&format=pjpg&auto=webp&s=b3b4f3540c0ba1458c79f89e5a6c21a5a743a8a7

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Hi, as the title states, I accidentally transferred ETH instead of ETHOLD to my Poloniex account. ETH is the newer token that's supposed to replace ETHOLD. Both are TRON tokens, however Poloniex no longer supports deposit/withdraw of ETH via the TRON network. I used the same TRON address for this erroneous transfer as I have done previously with my ETHOLD transfers to Poloniex.

I already reached out to Poloniex and am waiting for a response. I know I can't expect much in these types of situations, but does anyone have experience getting their tokens back in situations like this?

TIA.

(I've transferred tokens so many times before without issues but mistook ETH for ETHOLD, unfortunately.)

I’ve been trying to contact them for over a month and not able to get help I’m locked out of my account and no one is able to help me. I was able to speak to someone but then they stop responding to emails and I get hit with a bot I’ve sent my drivers license and relevant information.I have a long list of email chain of where I’m trying to contact them but again no one‘s able to help me they just keep giving me the runaround at this point I would like to get a lawyer and contact a Better Business Bureau to see if they could help me.

What if everything you believe is a lie, including the cypherpunk rebellion that is bitcoin, and bitcoin itself is actually a result of corporate interests?

As I was digging through the white paper, I went hmm, lightening network is a solution to the block size and speed problem, but then there's other scaling issues there, as well as price, then I looked at the mining pools, and went hmm, it's CENTRALIZED across 3 pools, then I looked at coin.dance, and saw a comparison of other important metrics, and saw bch had the top 2/3 pools being for solo miners, which looks more decentralized, and the fees are really low, then I saw bitcoinabc which is known as ecash, another fork of bch but by the original creators (interestingly taking the best part of bitcoin, PoW, and putting Avalanche PoS on top of it now for smart contracts. And bsv, well lol, we all know CSW is a fraud as proven by court, and his goal was to steal the million satoshi coins via OP_COURT, and bsv is ran only on data center computers, so we can just disregard that one. So the only thing preventing these other coins from succeeding is the adoption and has power.

So who's to say people dont wake up when government/corporate control further destroys what we know as bitcoin and one of these other coins becomes the real banking rebellion? Just think about this one, it's point was to be your own bank, and now people are getting permission from their bank to buy an ETF to 'invest' in it, the irony.

As the title states, I've got about 40ish different Monero wallets with different seeds. At least two of these have about $400 and $600ish respectively. I also have about 70 Bitcoin seeds, and only one has about $1200 in it.

What is the best practice here? Restore 50 wallets from seed at the date I created them 4ish years ago and let them all synchronize???

Can I "import" the seeds from wallets 2 through 50 into a wallet #1?

Can I use the same fully synced blockchain for the rest of the wallets?

The process for Bitcoin seeds is a lot faster. But I'd still love a way to be able to import.

Thank you.

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Would it be possible to create something like this? For example, a coin that's pegged to the price of a basket of select assets (ex. Oil stocks), or even something that inverses said basket of assets?

It would almost be like an ETF but in the form of a token/coin. I've heard mixed reviews and can't get a clear answer on this. Would really appreciate some opinions/advice.

So much anticipation toward the fourth Bitcoin halving event expected to take place next month. Halving is a deflationary mechanism aimed at controlling BTC supply by slashing miners BTC reward by 50%. Halving usually affect Bitcoin price prior and after the event, in turn it yield a ripple effect on the whole industry. Some analysts agreed that halving determines cryptocurrency season, bull or bear as such the anxiety in the space. A lots of new millionaires will be made while other will remain side watcher because they can’t spot the opportunities in the market.

During the first BTC halving in 2012 where miners reward was reduced from 50 to 25, BTC price was around $13 but it rose to over $1,152 few months after the halving presenting the first price impact after halving. The second halving witness similar trend, in 2016 when reward was reduced from 25 to 12.5, the price was around $664 and it reached a peak of $17,760 few months after halving. The third halving maintained similar trend in 2020 when block reward was slashed from 12.5 to 6.25, the price was around $8,500 and after halving its set an ATH of above $69k few months after halving.

So this price trend has garnered so much prediction and speculation in the market where some believe BTC will hit above $85k before halving and over $180k after halving. With BTC already retesting its previous ATH, many enthusiasts are eager to witness the next BTC ATH but only the wise ones understand that they need to position well to benefit from this speculation.
Right now there is so much awareness in the industry compared to what was obtainable in the past. Key world financial players are now involved which has bring more exposure and increase uncertainty in the industry.

Some expert have noted that BTC usually maintain a similar circle as such users need to understand the trend and history to stay afloat. I have also noticed some top exchanges rolling out events to celebrate/welcome the halving. One that caught my attention is the learn to earn on Bitget where users are encourage to showcase their understanding of the halving to benefit some $BGB rewards. Such event will increase users understanding of the Bitcoin halving and further increase their interest in the industry. It will also help them to prepare adequately for it.

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The Binance Convert tool allows you to quickly convert one cryptocurrency to another.

Binance state that there are no fees for using this tool, but say that "every trade you make on Convert requires only a small spread in the corresponding Liquidity Pool". So Binance make their money via this spread, which no doubt results in you getting a slightly worse price for the crypto you buy.

But does anyone have any idea how much money you lose from this slightly worse price, as a percentage of the value of the crypto exchanged?

The normal fee Binance charges when you trade one cryptocurrency for another are 0.1% (or 0.075% if you pay your fees with BNB). How does the hidden cost of Binance Convert compare to this 0.1% fee?

I would like to know if I might be better off using Binance Trade to exchange one crypto for another, instead of Binance Convert.

buy crypto anonymous without kyc

where can i buy crypto withouth kyc? Can i use Paysafecard or something?

Convince me otherwise.

What is happening there at the moment benefits no one, except for the very very very few that will make some money.

This is just a few sentences of rant. But how to take the whole crypto space serious because of that hype.

Any recommended videos or guides where to look? I notice that my stop losses would be great only if we had a correction of over 15%, but the stop loss tends to be close to other lines of support, and I ended up getting my position closed and the prices started to slowly creep up again.

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Any advice?

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So I am new to Uniswap, usually I trade on major exchanges like coinbase, binance.us, or kraken. But there is a token I am interested in and doing my research they are only on uniswap. So I went to their app and was going to swap USDC for this new token called closedai. Then I saw the fees, more than 30%!!!! Am I doing something wrong? Is this just how uniswap works, they charge these massive massive gas fees? It seems incredibly dumb for such a large DEX to have outrageous fees like this. I attached the screenshot showing my attempted trade. If I'm doing something wrong or there is a better way please "show me the way".