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News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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101  Economy / Economics / Re: Sea Piracy, it's effect on the local economy on: December 18, 2023, 03:44:41 PM
What this doesn't work?


Work everytime...

https://www.youtube.com/watch?v=W4mTRSRtr4E
102  Economy / Economics / Re: Energy crisis? What energy crisis? Oil dips to 3 months low despite OPEC cuts! on: December 11, 2023, 04:19:59 PM
Well.....

Iran doesn't mess around on the Straits of Hormuz because they are smart.

They don't mess around because the Dwight D. Eisenhower and it's merry band of bandidos are sitting there.

103  Bitcoin / Bitcoin Discussion / Re: Jamie Dimon said he would close Bitcoin down if he was in government on: December 10, 2023, 09:59:00 PM
Throwing stones Jamie?

Is JP Morgan the ethical barometer?

https://www.justice.gov/opa/pr/former-jp-morgan-precious-metals-traders-sentenced-prison

In September 2020, JPMorgan admitted to committing wire fraud in connection with: (1) unlawful trading in the markets for precious metals futures contracts; and (2) unlawful trading in the markets for U.S. Treasury futures contracts and in the secondary (cash) market for U.S. Treasury notes and bonds. JPMorgan entered into a three-year deferred prosecution agreement through which it paid more than $920 million in a criminal monetary penalty, criminal disgorgement, and victim compensation, with parallel resolutions by the Commodity Futures Trading Commission (CFTC) and the Securities Exchange Commission announced on the same day.

Two former precious metals traders at JPMorgan Chase & Co. (JPMorgan) were sentenced today for engaging in fraud, attempted price manipulation, and spoofing as part of a market manipulation scheme that spanned over eight years, involved tens of thousands of unlawful trading sequences, and resulted in over $10 million in losses to market participants.
104  Other / Meta / Re: Mixers to be banned on: December 03, 2023, 02:59:16 PM
Look at all the happy bootlickers in here.....
105  Other / Off-topic / Re: Finding Uniq nickname for my girlfriend.. on: December 02, 2023, 03:53:16 PM
Man up and give her a stripper name!

Rio
Maddison
Ivy
Summer
BeBe
Cashmere
Candy
Destiny
Jade
Cherry
106  Bitcoin / Bitcoin Discussion / Re: Got hacked, lost 11 BTC on: December 02, 2023, 03:44:55 PM
We need more information to be able to piece together what happened.

The Bitcoin Core was running on what OS?

What were you doing around the time of the theft?

Bitcoin Core wallets are protected by a password, they don't use seed phrase technology but rely on some "hdseed" that's similar but will not be encrypted without a password. Therefore if the wallet file is stolen, it can be brute-forced for weak passwords.

Well, the hacker obviously got hold of the password... to be able to do that. Did you leave your computer running for extended times without watching it? (They could have installed keyboard logging tools and waited for you to leave the room and then logged in and transferred the funds)  Huh

The bulk of my "treasure" are stored off-line so I know that it will not be accessible .....and it is split into smaller amounts, so even if someone hack me, they will only get access to say 1% of my coins.

I also put out "bait" in the form of small amounts of coins in desktop wallets ...so if that is triggered, then I know I am being targeted.

Sorry for your loss.  Sad Sad Sad

Very very smart. Having multiple cold wallets on different technologies is very smart. Additionally I only use a dedicated device to manage my monies with. It has or does nothing else, ever.

The honeypot idea is great.
107  Economy / Service Discussion / Re: CryptoSteel - for Seed Phrase and Password Storage on: December 02, 2023, 12:07:48 PM
The shot above is a cryptosteel, it can be used to safely and securely store bitcoin wallet seed phrases, as well as passwords, this device is made of 303 and 304 stainless steel, and it is both waterproof, fireproof and shockproof, it is one the best device to own as a bitcoiner and a crypto enthusiast.
You have mention the above characteristics of the crypto steel but what about RUST ? Is there any guarantee that it can get rust ? Even when kept in a stuffy place it can get heat and by contacting with each surface can get rusted. The fact is there are varieties of ways yo keep your asset safe it all depends on own view, what can be safe for you might not be safe for me.

For newbies they can explore as many as they can in keeping there assets safe.

It's quiet not relevant to buy a cryptosteel for security and privacy when you don't even have enough bitcoin to secure. Lol  Smiley

Ummm did you see the part it is made from stainless steel? For the scope of this thread that isn't a problem.
 
108  Bitcoin / Bitcoin Discussion / Re: Bitcoin ETFs and the 401(k) Dilemma on: October 31, 2023, 08:42:28 PM
Back when I worked the corporate world for a very large pharma company they had a very small selection to choose from in the 401K. But they matched half so it worked out kinda. I gather that 401k's are dependant on the employer selections for most. If one can't get direct exposure to BTC then by proxy like Micro Strategies.
109  Bitcoin / Bitcoin Discussion / Re: Blackrock ETF/Bitcoin will destroy the (new) cryptocurrency industry soon... on: October 24, 2023, 10:01:32 AM
I don't think the institutions have evil intentions,customers want exposure through the channels they already have. At the corporate level owning BTC (or any crypto) directly would be a huge pain in the ass. Who has the keys and how do you access them, who has access et al. ETF can put into retirement accounts and that's a huge deal.
110  Bitcoin / Bitcoin Discussion / Re: Is it better to invest or trade Bitcoin? on: October 24, 2023, 01:55:01 AM
Yes. They are not mutually exclusive.
111  Bitcoin / Bitcoin Discussion / Re: Blackrock ETF/Bitcoin will destroy the (new) cryptocurrency industry soon... on: October 24, 2023, 01:52:57 AM
That tested the limits of my tinfoil beeny.

Well no institution is going to touch shitcoins, ever.

Check out the newish EDX exchange, the exchange of the giants.


https://www.coindesk.com/business/2023/08/22/crypto-exchange-edx-market-taps-anchorage-as-custody-provider/

They only will deal in BTC, BCH, LTC and ETH. You may see some outliers but that's it, that's what is going to be for now. When they announced this you can see a jump in LTC and BCH that is for the most part lasting.

This space would be better off without a thousand shitcoins and that market cap end up in the above preferably BTC. Nobody at the institution level gives a shit about features, fluff and window dressing.
112  Other / Serious discussion / Re: LK-99 and bitcoin development on: October 23, 2023, 01:29:50 PM
Well if you made a faster machine wouldn't they increase the difficulty kind of negating the investment?

Helium is incredibly expensive let alone cooling it.
113  Other / Serious discussion / Re: How do you create good habits and break bad ones, what actually works? on: October 23, 2023, 01:15:12 PM
The hardest thing I have ever done is to forgive myself.

It's challenging not to dwell on the past but don't bang yourself up on " I did XXYYZZ for XX years I'm so stupid".

Your good now in this moment, keep moving forward.

It's easy to say but harder to be done, I know.
114  Economy / Economics / Re: how businesses swindle the minimum wage employee on: October 23, 2023, 01:04:56 PM
Min wage is an entry point job like when your in high school. It's not intended to support a lifestyle.

So get better skills and a better job. Learn how to weld, plumber, electrician and such those guys make BANK.

Nobody is swindling you, you are swindeling you expecting something for menial task. Get a skill.
115  Economy / Speculation / Re: Bitcoin current range: $25K to $32K on: October 20, 2023, 03:48:48 PM
Just a knee jerk reaction to ETF news then it will settle down again. Nothing has changed.
116  Bitcoin / Bitcoin Discussion / Re: "Lump sum Vs DCA" for Bitcoin Accumulation on: October 19, 2023, 04:15:58 PM
It's not an all or nothing thing. Hybrid. Partial lump up front and DCA the remainder somewhere on a point to your target date. I am not afraid to secure some profit while still maintaining a DCA input.
117  Bitcoin / Bitcoin Discussion / Re: Best way to get paid in BTC if you are a weed-shop owner? on: October 19, 2023, 07:25:18 AM
I used to own a rather large weed farm here in the US legal.

The federal laws on banking are a pain in the ass! If banks suspect you are a weed farm they will drop you in a hot second. So getting it from BTC to cash is a huge pain in the ass unless yo can find a private buyer. It could look allot like laundering money if you don't keep tight records. Now if you could get your supplier(s) to accept it that would be sweet. I doubt it. If I did it I would purchase pre paid cards and use those. aka bitrefill


There are weed friendly banks but they charge huge fee's per month.
118  Economy / Speculation / Re: Bitcoin Halving cycle on: September 27, 2023, 01:00:04 PM
The world is a completely different place than at the last having. The world and markets are going to crap. I am going to keep on like the halving doesn't mean anything. I'll see it when I see but if the ETF guys add enough market cap we can add some stability but not too much as to squash volatility.

Those ETF guys are collectively smarter than us and if not still have the money. This may be the last horaah of the big 2 or 3x jumps. The market slumps they buy. Blackrock could write a check for the whole crypto space.
119  Economy / Speculation / Re: After the bull-run plan. on: September 26, 2023, 09:05:29 PM
Scarcity argument is a mute point now, it' close to all mined. Additionally the US economy at that point will be in the proverbial Bidenomic full shitter. Pretty much means the tech stocks will be down and will drag BTC with it. Inflation will be raging still and no one will have time for BTC as they pay $8.99 a gallon of milk or gas.

Sorry folks can't get on the rainbows and bulls, it looks like hell is coming. So far BTC hasn't done jack against an inflation hedge let alone a store of value (yet).

The bigger point is how many miners are going to be left after cutting narrow margins in half? Will Russia have the most compute power then? Unsecured network?
120  Economy / Economics / Re: Real estate vs cryptocurrencies vs business on: September 26, 2023, 02:50:42 PM
Having F'd up all three and been successful at all three I would make real estate and bitcoin my business. Don't have to worry about all the business crap. If I want to take off to the Florida Keys for a month I can. No vacations with most businesses.
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