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101  Economy / Gambling / Re: What is the Worst online Casino you've played on so far? on: May 21, 2024, 09:30:39 AM
Without a doubt stake.com.  0/10 if you are a winning better.  7/10 if you are a losing better.

They selectively scam people from third world countries with impossible KYC requirements.


Shocked

Ser, why? It would be preposterous to accuse that a casino that has a proven track-record would hold some sort of prejudice towards where someone comes from, no?

Quote

When you provide them documents in english, they ask for other , niche documents that only exist in your native language but stake only accepts english documents.


I believe it's a matter of policy, but I also believe that in your situation, the casino should reconsider and learn from the experience to avoid getting into the same issue again and again.
102  Bitcoin / Bitcoin Discussion / Re: Mempool Observer Topic on: May 21, 2024, 06:55:33 AM
To anyone who needs to consolidate their UTXOs, then it's the best time to consolidate them NOW. I believe that in the next few months there will be a surge of on-chain demand because of another surge of interest in Ordinals, BRC-20, Runes, and Bitcoin DeFi builders will start marketing their protocols, sidechains, and offchain layers. It might be like the months of high fees that was caused by Ordinals/BRC-20.

Plus to those who want to partake in shitcoinery in Bitcoin, perhaps it's time to DYOR. Cool
103  Bitcoin / Bitcoin Discussion / Re: Runes are now worthless and have killed Ordinals too on: May 21, 2024, 06:41:39 AM
Reading the posts saying Runes are stupid.

Although absolutely true, at least Runes as a protocol for shitcoinery in Bitcoin is better for the blockchain than BRC-20. Runes data are stored directly in UTXOs which means they could be used in LN? Plus it won't be expanding the UTXO set like what Ordinals-based BRC-20 does. That's what many on-chain users want, no? For those spam transactions to be removed on-chain? I believe Runes is the technical development that could do it. The Lightning Network will be spammed though.
104  Economy / Economics / Re: April CPI eased to 3.4 from 3.5 in March on: May 20, 2024, 01:46:46 PM
But with news that inflation is showing signs of going down, we can expect inflation to drop below 2% soon and the Fed to lower interest rates soon. In particular, people are more optimistic and believe that the Fed will lower interest rates twice this year as inflation is gradually being controlled.
Inflation has only shown signs of being "sticky" not signs of going down.
For it to go down the chaos in the world has to calm down, energy prices have to come down, the supply chain disruptions have to stop, etc. then we can start seeing inflation start coming down and then we can see them lower the rates. None of it is happening yet though.


I agree with what you said, real inflation has not improved too much and is still high. But CPI in April was at 3.4% and lower than before. Looking at that, we cannot be said that inflation has not shown signs of decreasing, it has decreased but quite slowly.

In addition, I think if we wait until the world situation calms down, energy prices decrease, supply and demand are not interrupted... then make the decision to reduce interest rates, I think interest rate cuts will never be possible. Because interest rates are being maintained at too high a level today, it is also said to be one of the many reasons making it more difficult for the economy to recover. Maintaining interest rates at high levels is no different from a double-edged sword, it can curb rising inflation but will also make the economy more stagnant, even falling into recession. So I think that's why the Fed still needs to cut rates first and there will be at least one or two rate cuts this year.


But if the Federal Reserved does cut rates, won't that cause reinflation, then therefore Jerome Powell would need to increase rates higher than 5.5%? That would be worse than the economy and make the "soft landing" less probable, which already IS improbable in my opinion.
105  Bitcoin / Development & Technical Discussion / Re: (Ordinals) BRC-20 needs to be removed on: May 20, 2024, 11:34:20 AM
Everyone is still debating whether it should or shouldn't be "banned"? It's too late in my opinion.

Personally, and as everyone has already noticed from my posting history about Ordinals, BRC-20, and Runes, I am agnostic about them and/or what's being built with them. But for those Bitcoiners who continue talking about it because they hate it, I believe they should study the Streisand Effect. Those people actually did all the "marketing" that Ordinals needed to bootstrap the project. If they ignored it, then everyone would have ignored it/it wouldn't have a lot of attention.
106  Bitcoin / Bitcoin Discussion / Re: Crypto as job salary - Yay or Nay? on: May 20, 2024, 08:43:23 AM
I believe many people have missed the point on why they want to be paid Bitcoin or an altcoin/shitcoin. Although they're right to choose part of it to be in Bitcoin, or if you ask them, altcoins/shitcoins - because "store of value". But that shouldn't be the main feature to make us decide why we should get our salaries in cryptocurrencies. It should be efficiency. If your employer can't give your salary in cash, or send it straight to your bank account, that's actually when you should want to get paid in Bitcoin.
107  Economy / Economics / Re: April CPI eased to 3.4 from 3.5 in March on: May 19, 2024, 07:55:58 AM

windfury keeps assuming bitcoin is dependant on US financial news for the reasons of bitcoins dips/surges, he has many times try to promote nonsense linkages of coincidence.


 Roll Eyes

You're probably right, but the market is made up of people who often become irrational. So although the market always returns to a state of efficiency, there definitely are times that dips and surges happen because of irrationality caused by bullish news, bearish news, greed, and fear.

Plus did I actually say that it's absolutely "dependent"?

¯\_(ツ)_/¯
108  Economy / Gambling / Re: What is the Worst online Casino you've played on so far? on: May 19, 2024, 07:28:52 AM

In my experience it was a scam casino,




The worst feature it had was it didn't have a withdraw button?

Quote

i will not say the name to avoid users becoming a victim, but i will tell my experience.


Those users are absolutely right, if anyone discovers a casino that scam cryptocurrency users, or just mere users in general, it's better to tell everyone what sites they are, and tell everyone to AVOID such casinos.

Quote

---UPDATE---

Some users say i should mention the site, but is complex there was more than 30 sites involved in this scam, so, for those who want to know more about it, i would leave the source of my report in 2018

https://bitcointalk.org/?topic=5081286.0


👍
109  Bitcoin / Bitcoin Discussion / Re: [POLL] Privacy features in bitcoin on: May 18, 2024, 11:29:24 AM
I recently saw that Edward Snowden publicly called for Bitcoin to implement privacy features.


Source: https://twitter.com/Snowden/status/1786170805728039127

In a recent thread here many senior bitcointalk members actually agreed to this sentiment.
We've all come to know bitcoin as a blockchain where inputs and outputs, all of them, are displayed on the public ledger for everyone to go through.

Transactions are pseudonymous but nevertheless traceable. While it's not necessary that a transaction has to be connected to a person, actions of governments against privacy tools and no-KYC services make it very hard to conduct bitcoin transactions without having them attached to your real life identity.

Many would view this as an attack to the freedoms bitcoin has been associated to. But it's also understandable if some bitcoin users are against such a radical change to the protocol.

So I'm making this poll thread to start a debate. Feel free to vote and respond with your thoughts.


It's easy to make that poll, then start asking what everyone believes without the presumptions of how we'll get there -technically and from a social consensus perspective, and what needs to be done to get there.

BUT let's pretend that it's easy, hard fork achievable, and it won't affect the block size/won't increase node hardware requirements. I would still vote against it because a transparent ledger is easier to audit to make sure that everything is balanced and authentic.

Another problem with ledgers that have on-chain confidential transactions is, the government might stop condoning Bitcoin, and actually start banning it.
110  Economy / Gambling / Re: ✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token on: May 18, 2024, 11:04:19 AM
We all receive the airdrop. Haven't you got SHFL token in the first round?


Nope, I didn't receive anything from the first batch of SHFL airdrop. I just noticed that my wagering volume was less than $100 before the February month (before first airdrop date). Hopefully, I will get a decent amount from the 2nd round of the airdrop as my gameplay activity has increased a little at Shuffle in the recent months.

A bit weird, have you tried to ask them why you have not received from the 1st airdrop? Is there nothing to claim under your token page and no unlocked tokens as well?
The support agent has provided me the Airdrop Campaigns page link only. My gameplay activity was too low before the first round of airdrop. There is nothing available to claim for me in the token page. I haven't really played a lot on Shuffle yet. I have made a small number of deposits on this casino until now.


Plus if you did receive an airdrop from your less than $100.00 wagered volume, the airdrop would probably not be large enough for it to matter if you did or didn't receive an airdrop, no? ¯\_(ツ)_/¯

Good luck to the second round ser. I truly hope you'll get a large amount based on the increased activity done in the casino.
111  Economy / Economics / Re: Hyperinflation - Will it lead Countries to Adopt Bitcoin? on: May 17, 2024, 10:59:52 AM

I'm asking because even today in Argentina, merchants will still prefer to accept the Argentine Peso regardless of the hyperinflation that devalues their currency. This is just based on what a friend said to me.

Analysts emphasized that people still accept the local currency because there is a working banking system in the country which means that Gold, Silver, and Bitcoin, will only work when there is already no financial system that is working. This sounds like chaos already. If you are to prepare for what is to come would you wait for the chaos to start?


It won't be easy for a whole country to start adopting Bitcoin as an actual currency, but it will definitely be easy for an INDIVIDUAL to adopt Bitcoin as a self-custody Store Of Value. To illustrate the point, pretend that there was a Banking Crisis that caused a bank run, and with many people having lost access to the money in their bank accounts. If you have some of your savings HODLed in Bitcoin, then you would have a fall-back/back-up.
112  Economy / Gambling / Re: What is the Worst online Casino you've played on so far? on: May 17, 2024, 09:43:40 AM
OP, I've only played less than probably five crypto casinos, including that one in your signature campaign. But the worst? I believe I've made all the right decisions for me to NOT have a "worst". There were trade-offs in UX and in the selection of games, but if my withdrawals are received by my wallet within one hour - if I have something to withdraw, then they're all good casinos if you ask me.
113  Bitcoin / Bitcoin Discussion / Re: Donald Trump's stance on Bitcoin is changing, the Trump pump is beginning on: May 17, 2024, 09:21:04 AM
So Trump finally came down to his senses. Good, because we need as much crypto-friendly politicians in the US as possible. With how fierce the Biden administration has been against the crypto/Blockchain industry, it's likely crypto enthusiasts/supporters will vote for Trump.


If there's any sense in the world, Trump will be in jail.  I get that this is a Bitcoin forum, but don't let your passion for BTC blind you to the reality that the man is a criminal and should absolutely be incarcerated.


But other people should also not lose the actual context of the message. It doesn't matter if Trump wins, loses, will go in jail, or not. Who cares. Joe Biden could say he's anti-Bitcoin and it would be within context to say that Bitcoin is legitimately in its defining moment. It's not about Trump, it's about Bitcoin. Orange Coin doesn't need Orange Man, but Orange Man NEEDS Orange Coin.
114  Economy / Economics / Re: April CPI eased to 3.4 from 3.5 in March on: May 17, 2024, 06:46:30 AM
Because with the presumption that the CPI might keep going down, giving an opportunity for Powell to achieve his "Soft Landing", then there's also the tendency that markets surge and people start spending money like a drunken sailor again because "everything is going to be OK". But let's wait for next month's CPI print after the market and the people's positive reaction for the current month.


Since the reduction of the Consumer Price Index is significant the reduction of consumer price also indicates low inflation, there are predictions that the Federal Reserve will reduce interest rates from June to September. Which means more money in the hands of American citizens and the potential of saving and investing. If the US Central Bank reduces interest rates for few times it might trigger a price increase.


But a "price increase" of what? Prices of assets in the stock market and cryptocurrencies? It will, BUT it will also cause a price increase of goods and services simply because there's more money in circulation. What would the Federal Reserve do if the CPI starts printing hot again? 

¯\_(ツ)_/¯
115  Bitcoin / Wallet software / Re: Wasabi Wallet - Open Source, Noncustodial Coinjoin Software on: May 17, 2024, 06:31:10 AM

I believe that it will take some time, a LONG time, before an anonymous community-bootstrapped coordinator could gain the reputation and the trust of the users.


You don't have to trust coordinators. There's no reputation required.


OK, let me rephrase - It might take a long time before the community will find a coordinator that's operated by a trustworthy individual, or group of individuals, who will not be honeypots. Because there WILL be honeypots pretending as coordinators that will utilize zkSNACKS software after June 1. I'm very VERY confident that we'll see them.
116  Bitcoin / Wallet software / Re: Wasabi Wallet - Open Source, Noncustodial Coinjoin Software on: May 16, 2024, 03:49:26 PM
11,000 private Bitcoins are now on the blockchain. Let's fucking go

12,000+ private Bitcoins are now on the blockchain  Cool




Perhaps those are Wasabi users CoinJoining before June 1? The fees are cheap too.

¯\_(ツ)_/¯

But it's sad to see one of the most liquid CoinJoining service close its doors. I believe that it will take some time, a LONG time, before an anonymous community-bootstrapped coordinator could gain the reputation and the trust of the users. Plus to have enough liquidity to CoinJoin effectively.
117  Economy / Economics / Re: April CPI eased to 3.4 from 3.5 in March on: May 16, 2024, 03:26:57 PM

So far, Bitcoin is doing well pricewise, but I don't believe there is such a strict correlation between inflation and Bitcoin price, between Fed interest rate and Bitcoin price, or any other similar things. Sometimes Bitcoin behaves similarly to the stock market, and sometimes it doesn't. Sometimes major global disruptions affect it negatively, and sometimes they don't.

Bitcoin is just too unpredictable.


Although the correlation might be stronger or weaker depending on the situation, it can be debated that because of more and more investors from traditional/legacy finance are going into Bitcoin, the correlation could be becoming stronger and stronger. It could also be true especially during these periods when plebs in Bitcoin Land are becoming more aware of such things as CPI, Rate Hikes, and QE/QT.
118  Economy / Economics / Re: April CPI eased to 3.4 from 3.5 in March on: May 16, 2024, 11:43:06 AM

isn't the sudden change of mood to extreme bullishness also inflationary?


explain please


Because with the presumption that the CPI might keep going down, giving an opportunity for Powell to achieve his "Soft Landing", then there's also the tendency that markets surge and people start spending money like a drunken sailor again because "everything is going to be OK". But let's wait for next month's CPI print after the market and the people's positive reaction for the current month.
119  Bitcoin / Bitcoin Discussion / Re: Donald Trump's stance on Bitcoin is changing, the Trump pump is beginning on: May 16, 2024, 11:31:24 AM
Yeah, I was merely making a point. It's already a defining moment that a presidential candidate, loved or hated - no matter who he/she is, has thought or said that "he could live with that", or that "he hears the people's calls". It's an absolutely good development. Bitcoin today is entering uncharted paths, and making its most important journey towards real and actual adoption as an asset class.


I suppose, theoretically, its good that Orange Man's handlers have convinced him to say things that could be interpreted as "pro bitcoin," but he's hardly the first presidential candidate to do so. A dark horse independent candidate (who has no chance of winning but could swing the outcome in one direction or another, depending on which party he takes more votes from) named Robert F. Kennedy has made it clear he is pro-bitcoin since he entered the race last year.

https://www.axios.com/2024/03/04/rfk-jr-bitcoin-crypto-currency-freedom
Quote
"Transactional freedom is as important as freedom of expression," Kennedy said during a press conference before his event appearance.
...
"I don't think there's anybody using a podium or a bully pulpit to explain to the American public how inconsistent central bank digital currencies are with our values and how threatening they are to our constitutional rights."

Other (former) candidates that revealed their pro-bitcoin-ness before Trump include Vivek Ramaswamy, Ron Desantis and Tulsi Gabbard. Yes its true that Orange Man is more popular than all of them put together.


"Orange Man" made me laugh. - An Orange Coin for an Orange Man.

OK, it's not the Orange Man who's the first, although he's the most popular. But you do get the context, no? I don't care if it's the Orange Man, the Old Man, the Iron Man, or the Green Man. I'm merely making a point that after the ETF and solidifying its place as an asset class, it's also having its defining moment in the socio-political sphere.
120  Bitcoin / Bitcoin Discussion / Re: Donald Trump's stance on Bitcoin is changing, the Trump pump is beginning on: May 15, 2024, 07:12:10 PM
if he does win, it will be another defining moment for Bitcoin.

Maybe don't inter-twine their fates too much, though, yeah?  I don't want peoples' perception of Bitcoin to rely on that skeezy, orange shit-gibbon furthering his own sordid agendas.  He's clearly just being an opportunist.  He doesn't actually care about Bitcoin in the slightest and is merely "riding the coattails".  It's about getting gullible idiots to like the guy.  Don't fall for it.


Yeah, I was merely making a point. It's already a defining moment that a presidential candidate, loved or hated - no matter who he/she is, has thought or said that "he could live with that", or that "he hears the people's calls". It's an absolutely good development. Bitcoin today is entering uncharted paths, and making its most important journey towards real and actual adoption as an asset class.
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