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1101  Bitcoin / Wallet software / Re: Is Copay wallet now Bitpay wallet? on: December 27, 2020, 04:40:30 PM
I have used copay from 2014 to 2016 and when it became clear that bitpay was taking over I abandoned it. Dismiss both copay/bitpay and look for better alternatives.
If you care about your coins research your best wallet here
https://walletscrutiny.com/
1102  Economy / Economics / Re: Economy after COVID-19 on: December 27, 2020, 04:36:43 PM
I would like to specify one point only: when everything crashed in March, bitcoin crashed too (hard). The difference between bitcoin and everything else is clear: bitcoin's been the only asset to rise so bad after the March crash which is directly related to the pandemic. If you can't see that, go to your optometrist.
1103  Bitcoin / Press / Re: 2020-12-22 Forbes - Massive Hack Exposes Bitcoin’s Greatest Weakness on: December 27, 2020, 04:32:56 PM
There you have it: another great clickbait attempt. If Ledger does not know how to handle sensitive users data what does this have to do with bitcoin weaknesses?
That is not some bitcoin weakness

Well for me its kinda related to Bitcoin since it is a hardware wallet where you can store your Bitcoin at, we can't also just pick up some things here where we see we don't have a problem of just for debate/reasoning out purposes since we are directly affected on what happened to Ledger which they need to address. For me things like this that revolves around Bitcoin can be considered as a weakness since thousands of users are affected and I think what Forbes is saying is true that most of the users who have their data leaked will not be happy about what had happened.
Your comment doesn't make any sense. Ledger's fault is not related to any bitcoin weaknesses because there are none! Ledger's data breach is solely dependant on Ledger's lack of security when handling sensitive users' data.
1104  Bitcoin / Press / Re: 2020-12-22 Forbes - Massive Hack Exposes Bitcoin’s Greatest Weakness on: December 26, 2020, 08:44:08 AM
It's funny how other people understand or perhaps misunderstand Bitcoin. I guess many of them are not ignorant about Bitcoin. They're simply malicious.

It is obvious Ledger =/= Bitcoin. In the same manner that Bitcoin =/= Silk Road, Bitcoin =/= AlphaBay, Bitcoin =/= Mt. Gox, and so on. And yet they make it appear as if Bitcoin is all these. Bad reporting to say the least. Or perhaps bad attempt to tarnish the technology.

I don't believe those writers are so dumb. They must know this is not an issue with bitcoin but they call it like that to gain more response and to make people read it. If they titled it "Ledger data leak" most people wouldn't read it because most people don't even know there are hardware wallets for bitcoin and you can see it even on this forum when bitcoin users ask if they should buy one and if hardware wallets are more secure than desktop wallets.
So, the journalists employ the same good old tactics, just like they did when they called ransomware "A bitcoin scam or a bitcoin hack".
You see that's the whole point of this whole discussion as I believe there's really zero reasons to catch readers with these methods. Like most of you already specified, this has nothing to do with bitcoin and that's the only thing that matters.
1105  Bitcoin / Bitcoin Discussion / Re: Rumours that Bitcoin was created in Russia on: December 26, 2020, 08:39:27 AM
I have always hated all the fuss about who created bitcoin or where it was created. Just read the whitepaper and be happy with it, remember somebody gave us an extraordinary gift for free. People in the future will think in terms of a pre/post bitcoin era.
1106  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 26, 2020, 08:33:53 AM
I couldn't believe Santa Claus really brought me an ATH!
He exists, after all. Grin
1107  Bitcoin / Bitcoin Discussion / Re: [POLL] 2020, your last chance of owning 1 BTC on: December 26, 2020, 08:30:30 AM
Karartma1, forum users do not like to vote at all, or they may be concerned about their privacy in a particular case, even though the voting is completely anonymous (as far as I know). However, I noticed that the results from your survey are quite similar to the ones I received from my question here. As we can see the percentage of those who would sell at a price of $100k is very similar to the percentage of users who declared that they do not have 1 BTC.

I wish all of you great holidays and be content what with you have, that's the only way to go.
 Wink

That's true, I don't think anyone will be satisfied with owning 1 BTC, when they reach that goal they usually set a new one and so on indefinitely. Happy holidays to you too Smiley
Interesting to put this poll's data in comparison to yours. Still, this is not very representative as I believe the forum is full of +1BTC owners but they have their obvious reason to avoid any form of comment/vote.
I only hope my message is reasonably right: not matter the price, owning bitcoin now is some sort of revolutionary act and that is why I would like that people would feel content with it. Holding the best hard asset in the near future will make a difference.

See you around.
1108  Economy / Gambling / Re: Seuntjies DiceBot -Multi-Site, multi-strategy betting bot for dice. With Charts! on: December 26, 2020, 08:25:30 AM
Learned a expensive lesson yesterday. The diffence between Variable and Change Once.
It happened to me too long ago. It's good that I forgot the amount that I lost. I was trying to mix and switch the available options but realized very soon how stupid that move had been. We learn the hard way, always.


Well now I won't forget it anymore. The best way to learn is is like this. Too bad mostly it are expensive lessons
If you really want to test your strategy you could play at crypto.games and use play money. This gave me an idea of how the bot works, also in programmer mode, without risking my real coins.
I hope it can work for you too.
1109  Economy / Games and rounds / Re: Betnomi – Premier League Predictor – 1000$ main prize on: December 24, 2020, 10:21:28 AM
1. Leicester City FC vs. Manchester United FC - 2
2. Fulham FC vs. Southampton FC - 2
3. Aston Villa FC vs. Crystal Palace FC - 1
4. Arsenal FC vs. Chelsea FC - 2
5. Sheffield United FC vs. Everton FC - 2
6. Manchester City FC vs. Newcastle United FC - 1

7. Leeds United vs. Burnley FC - 1
8. West Ham United FC vs. Brighton & Hove Albion FC - X
9. Liverpool FC vs. West Bromwich Albion - 1
10. Wolverhampton Wanderers FC vs. Tottenham Hotspur FC - X

Betnomi username: K102030
1110  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 24, 2020, 09:35:27 AM
1.  Alts have no value of their own

2.  The price of alts is a function of how much greed / fear is in the market.

3. Fear / greed is determined by Bitcoin price performance.  

4.  Alts are denominated in BTC.  

5.  When people are greedy they buy alts using BTC.

6.  When people are fearful they sell alts using BTC.



Important when shared, important today.
1111  Economy / Gambling / Re: Seuntjies DiceBot -Multi-Site, multi-strategy betting bot for dice. With Charts! on: December 24, 2020, 09:22:41 AM
Learned a expensive lesson yesterday. The diffence between Variable and Change Once.

It happened to me too long ago. It's good that I forgot the amount that I lost. I was trying to mix and switch the available options but realized very soon how stupid that move had been. We learn the hard way, always.
1112  Economy / Gambling / Re: ⭐ Crypto.Games ⭐ Biggest wagering contest...100k$ ⭐ Bitcoin Lightning Network ⭐ on: December 24, 2020, 09:12:07 AM
Found another big gift for Christmas from Crypto.Games when reading my emails. Another yet nice voucher to be redeemed as it is on the platform. Thanks!
1113  Bitcoin / Bitcoin Discussion / Re: [POLL] 2020, your last chance of owning 1 BTC on: December 24, 2020, 09:04:39 AM
Poll update: As of today a total of 60 users have replied and the majority don't have a single BTC.
This is the last update from my side before sharing the end results and locking the thread.

I wish all of you great holidays and be content what with you have, that's the only way to go.
 Wink

Poll ends on Jan. 19 2021
1114  Bitcoin / Legal / Re: I won bitcoin on an anonymous online casino and I am totally lost about taxes. on: December 23, 2020, 05:16:52 PM
...
The first real thing is to get the coins into a wallet you can control. Then start studying a way of using them. I know it's not life-changing but you could buy loads of gift cards and be content with it.
Anyway, before that, make sure you withdraw your money. Then in one way or the other, you'll find a way to use the coins.
1115  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 23, 2020, 05:12:51 PM
@danheld
The US dollar has fallen to a 1/23,000th of a Bitcoin.
https://twitter.com/danheld/status/1341775757446696961?s=21
And it will keep falling.
1116  Bitcoin / Press / Re: [2020-12-17] IRS is trapping bitcoin and altcoin investors on 2020 tax form on: December 23, 2020, 05:10:00 PM
Don't assume you will be safe simply because you are not a US citizen.

this year has absolutely proved (whatever your stance on the specifics of the issue) that when a big international agency makes sufficiently big pronouncements, then nearly every newspaper, corporation and government gangster across the entire globe jumps to unified attention.


It wouldn't surprise me in the least if some international agency (funded by banks, and with zero citizen mandate to operate) announces international cryptocurrency regulation in 2021. Don't be surprised either.

Whatever it may be, I will give them nothing. "A coward dies a thousand deaths. The soldier dies but one"
If you take the travel rule you can think that a kind of international regulation on the matter is already being deployed. FATF started pushing hard on this topic and I too may fear that international regulation is upon us.
I like your attitude but you never know when confronted by the real world what you will be doing.
1117  Economy / Economics / Re: Some Company are holding more than 10000 Bitcoin on: December 23, 2020, 05:05:47 PM
Bitcoin shortages everywhere, that's what I like. These massive superfunds holding many btc are emptying the market and for those who hold everything is working according to plan.
I can't believe this is really happening.
OP where was the img taken from?
1118  Economy / Economics / Re: Need not just stimulus but usdt stimulus on: December 22, 2020, 10:18:59 AM
Do you know anything about the magic behind USDT issuance? Do you know what Tether is in the first place?
Or maybe you want some form of central bank digital currency loaded into your smartphone to buy your candies?
Before opening a thread, make sure you know what you are talking about.
1119  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2020, 10:11:59 AM
I am glad those ledger suckers only have my email.
1120  Economy / Economics / Re: Tether's market cap is huge! (usdt) on: December 22, 2020, 09:55:30 AM
Tether to me seems to be the scam of the century. I believe there are way too many better stablecoins like Binance's USD (BUSD) to convert into, but as I can see that it can't be used on too many websites (especially on gambling and casino sites which are mainly targeted by USDT users as well as probably no direct purchases) is the reason here why tether has been a big hit.

It's not just Tether, though.  Any privately owned currency is problematic, since you have to trust the entity that claims they're holding the funds.  I'm staying away from all stablecoins that consist of tokens supposedly backed by private wealth.  They're all effectively IOUs.

are there any stablecoins that don't fit that definition? most people think DAI is decentralized, but DAI is actually majority backed by centralized assets like USDC, PAX, and WBTC. there are huge third party risks involved.

the way i see it, different stablecoins come with different risks:

  • the odds of USDC or GUSD becoming unpegged due to insolvency (like a bank account getting seized) is extremely low because their issuers are super compliant in terms of licensing and AML. the odds of that happening to USDT are much higher.
  • however, the odds of USDC or GUSD becoming infungible (or having your account closed or being reported to regulatory authorities) is much higher than with USDT, since tether and bitfinex are much more lax with AML/KYC stuff re secondary markets.
  • "decentralized" stablecoins like DAI represent another risk: bad smart contract execution, bad governance, network congestion, etc can cause unexpected and catastrophic losses, like the $4.5 million lost in DAI during the crash in march.
This post deserves another quote because you stated very simply what are the real issues behind so-called stable coins. If people aren't able to see the real dangers here there's not much that can be done but I think writing this over and over again may help a few to see the truth behind those fiat currency digital artifacts.
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