2. If you are forced to store your funds or crypto on an exchange, don't forget to take a screenshot of your balance and account. This SS is useful if at any time something bad happens so you already have proof that you have funds there. Usually SS balance is a requirement for claiming recovery money.
Where do people come up with these random ideas and think it actually is something that matters? SS of your balance in court without anything backing it? Every judge will just order 100 copies of it and offer it as TP to the jury. You will need to authenticate this before it is accepted as proof, how would do you it? You have on any exchange the option of downloading a complete statement of your account, why bother with screenshots? For example: https://www.binance.com/en/support/faq/how-to-use-binance-account-statements-e12bc83ec9ba4e96a076d2b4a4419182And if this post is useful for you, give me merit
&##&^&^ ! |
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Has something happened these days that led to this drop in BRC-20 tx?
I've noticed that too, as I've also created a related query dashboard  Yeah, the more time goes by the clearer it becomes this is an abrupt halt, even if it were a bubble going off or finally the hype dying it wouldn't have happened just like that. So I'm currently quite clueless, but your suspicion about most of the Ordinals activity being maintained by a few centralized actors (regardless of their intentions) could be true actually.
To be honest I don't plan to dig deeper and waste time on something that I'm not sure I want to know or have knowledge of but my initial thought on this decline was to blame it on something like that - a large ordinal minting service going either offline or having troubles - as you said, this whole activity might be actually faked by some groups who as you said are in control and faking both auction and trading activity to trick buyers into it and those who have taken a break, are probably not worth it anymore. More than thinking his tweets and position have started this slowdown in minting one might have to ask if he and his business friends were not actually responsible for the entire activity, so rather than him making others stop it was just him deciding to stop. |
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Stompix has a world record of wrong difficulty adjustment predictions  , And for eons to come his achievements will be looked at in awe by mortals and gods alike, amazed by the inaccuracy and trembling in fear of his army of flying pigs that will spell the doom of Bitcoin mining when his numbers finally hit the mark! I'm more surprised that I'm so close by but the actual reason is not my "accuracy" and more the fact that I've chosen something in the middle, now that I look back the thing does make a bit of sense after a high build-up one as large was nearly impossible, a crash would have happened only if something else would have triggered it like weather or political situation in a country so with those narrowing down it would have been around -2.5 /+2.5. Adding a bad start-up and, hmm...I guess it wasn't as bad though as I thought when I posted. Pace in last days was 139, 146 and again 146 so, without screwing around with the other's luck I believe in a positive adjustment, were just 6 blocks of the pace, and luck can turn this around in a matter of hours not days. Latest Block: 810144 (5 minutes ago)
Current Pace: 99.6112% (1729 / 1735.75 expected, 6.75 behind)
Anyhow, funny map from CNBC (with foundry sources) https://www.cnbc.com/2023/09/26/where-are-bitcoin-miners-in-2023-texas.htmlIt again shows how taking the energy flat rate into consideration makes no sense, New York is ranked at 22.37 ¢/kWh and still ranks the third state in the country by hash rate, normally at that price everyone would be bankrupt. |
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And nobody said less than one month which might look like a winner right now The mempool is drying up at an insane pace:  In just 6 days we went from 200vMB to barely 60vMB and the weekend is not finished so it might go till 30 or even less by Monday evening. Same as fees from 10-20 on average now 3sat/vb are getting confirmed. And now that the ordinals are gone, one could ask...where has the actual usage gone? |
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I want to draw attention to another point. Initially, Satoshi planned 21 million bitcoins. If he has obtained ~1 million, which lies unmovable in his wallet, then this figure of 1 million bitcoin undoubtedly falls out of the general circulation (those same 21 million bitcoin). This is a clear contradiction to the original idea. He chose the figure of 21 million, not 20, right. . If Satoshi could and wanted to make a donation to the BTC-community, he would have sold it cheaply in the early stages or distributed it to the rest of the bitcoin-network participants, rather than deliberately reducing, note, the number of coins by ~5 % (more precisely 4.76%).
If he had planned to release them back then it would have made no sense mining for so long and hoarding them in the first place, right? Besides he viewed things differently and saw no need for redistribution: Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.
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They've gotten a bunch of coins with the whole Loaded incident. Whenever they get a big stack you just gotta ask yourself, how are they going to use it?
Drop your tinfoil heat and read the news: https://www.docdroid.net/cAA99Gw/123-pdf#page=23With respect to the 51,351.89785803 Bitcoin forfeited in the Ulbricht case before Judge
Schofield, the Government has begun liquidating (selling) it. On March 14, 2023, the Government
sold 9,861.1707894 BTC (of the 51,351.89785803 BTC) for a total of $215,738,154.98. After
$215,738.15 in transaction fees, the net proceeds to the Government were $215,522,416.83. Of
the Bitcoin forfeited in the Ulbricht case, there remains approximately 41,490.72 BTC, which the
The government understands is expected to be liquidated in four more batches over the course of this
calendar year. Loaded coins are long gone, there have been two more auctions, and there are less than one-fifth of them left and Blackrock didn't buy any of those. Besides, if they wanted coins they could have gotten those already even without anyone noticing, they own shares along Fidelity in almost every single large mining farm. |
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The sweet reality is that Bitcoin is here too stay, if they ban Bitcoin the mass will rise up against them, so they are just looking for a way to contain the influence of Bitcoin and discredit it.
Yeah? When where the Chinese protesting against the ban on mining, on exchanging, on RL usage? Where were the protesters in Morroco or Egypt? 40 million so-called users of crypto in Nigeria and there wasn't even a gathering of 100 to protest the CB decisions A board full of people from Bangladesh and have you seen at least one banner in the capital central square protesting the ban? Get realistic! Protest will happen only where people know protest will achieve something in those countries Bitcoin is not banned and probably will never be banned at all, in shitty countries total dictatorships like NK or Iran where everyone covers in fear of not getting hanged at the slightest mistake you won't see shit protesting. Besides, there is also a real inconvenient truth, most of the warriors and revolutionaries in the crypto space are just keyboard warriors. |
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I have some EUR already loaded on my card's balance, will I be able to spend it after October 31?
So this is just me quoting from the answer bullrun2020bro got from support, the link is above but once again: https://bitcointalk.org/index.php?topic=5132044.msg62919217#msg62919217In short, you can use still your EURO balance till that date, you will not be able to top it up in EURO, you can convert your balance to USDT (or anything else) and unless anything else happens the card should work as normal till it expires. Again: - better ask Binance support if you want to be 1001% sure, - I have zero idea how the wallet funding works right now, it has been like almost one year since my last usage of the account and card - if it's a small sum just convert it right now to USDT as the exchange fee is negligible or just spend it and throw the card in the trashcan (this last one is my personal opinion). |
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And as for this exact case: how many human beings have a "knowledge cutoff in September 2021"? It is accurate to say that Daniel Ricciardo currently competes for McLaren and not AlphaTauri. For the 2021 and 2022 seasons, Ricciardo is under contract with McLaren as of my knowledge cutoff in September 2021. Future changes to a driver's team are speculative and subject to a variety of conditions, including team decisions and contractual commitments. Which team Ricciardo will eventually join is hard to foresee.
I also don't understand why we even discuss the accuracy of AI detection, this 4 lines of spam is clearly copied from ChatGPT, you can argue about writing styles or punctuation or whatever how much you want but the knowledge cutoff date is the clear giveaway that not only he DID use it but also he was so lazy he didn't even check what the response was before pasting it, probably if le last phrase would have been "I lack data so I'm going to copy paste" he would have posted is the same. I don't know what the rules are for using AI tools to generate posts and the whole deal with his alts is but one thing is clear: - he did use ChatGPT to write that - he was lazy to not even read before hitting post so the whole thing of him being a pillar of knowledge or something like that is pure bs! |
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Yet another p2e game.
It's a pay to play to pay to not earn game!  First, you have to buy this crappy game, then if you manage to actually run it and not crash as everyone on Steam reports, by some miracle if you win something it will be a currency almost untradable that has 0.5$ liquidity! Seriously, it's 2023! Lula the Wet Empire was released in 1998 https://en.wikipedia.org/wiki/Lula:_The_Sexy_Empireand it's still 100 times better than the garbage promoted here. CDV went bankrupt so you can safely clone their game if you really want something that looks like a game at all. |
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How respectful is it to walk into a room full of strangers and ask for $22k while offering nothing in exchange that could not be obtained for free?
But, but...he offered something! Promises! That should count as one or two satoshi! I wonder if it's the same guy doing these, there has been an influx lately of newbies asking for partnerships and donations, I have the impression someone is really trying hard to find someone gullible or greedy enough for this. The way he writes with capital letters and spelling mistakes reminds me of spy100 and his alts. |
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Until they find someone who could replace Paysafe, they wont be supporting EUR. I've asked their support, if this warning is related only regards purchases (purchases with card) only, and they have told me that I wont be able to withdraw EUR from ATM either. Technically, from October 31 this card will become useless everywhere where EUR is a major currency.
Previously (this summer) Binance told that this Paysafe situation will affect only EUR deposits. But not it affect EUR in general. First I have thought to test whether USD ATM withdrawals gonna work, as we have ATMs that offer EUR and USD withdrawals, but has dropped that idea. Who knows what Binance will come up with next month.
What does Paysafe have to do with the card? Paysafe is a payment gateway for Binance, the cards are issued by Contis, they are not related at all, besides, even the balance on the cards was a bit meaningless since they were using their internal settlement for it, you could have paid with USDT or Doge, the final fx is between Contis and the receiving bank. It's either that the guy at support are not really knowing anything or Binance is hiding a larger clusterfuck right now and it only releases one tiny bit of bad news at a time, they didn't lose just Paysafe they lost completely the ability to settle euro balances so somebody else has also pulled the plug. Just two months ago they cheered on getting Paysafe to deal with SEPA transfers, again not settlements, when the GPB went down, now what is this? But anyhow...  /s EDIT: https://bitcointalk.org/index.php?topic=5132044.msg62919217#msg62919217Exactly what I was saying: (google translate) Credit card can still be used, but can no longer be topped up in EUR. You should now make top-ups in USDT if you want to use a stablecoin.
Existing EUR balances on the card can either be converted into USDT or spent.
The card runs through a bank in Lithuania and via Swipe and is independent of EUR PaySafe processing. |
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Lets be honest, you do not buy BTC and HODL nor start mining if you don't think that the price of BTC will be worth more in the future than it is today.
Okay, so let's do it BTC way. $2205 buys you a contract for the S19J or 0.0816858 BTC. Before electricity costs, the S19J at 120TH/s will earn you 0.00000229 BTC x 120, that's 0.0002748 per day. Those are 297 days of earnings in BTC without power. Now let's assume the price will go up in batches of 100 days of x2 to x16, that's $432k....... so common! Batch one, current prices: Electricity prices are 0.0002370, you earn 0.0002748, so you make 0.0000378x 100 , 0.00378 Batch two, bitcoin x2 up Electricity prices are 0.0001180, you earn 0.0002748, so you make 0.00001568x 100 , 0.01568 Batch 3, bitcoin x2 but the halving comes so you earn fewer coins Electricity prices are 0.0000600, you earn 0.0001374, so you make 0.00000774x 100 , 0.00768 Batch 4 , bitcoin x2 Electricity prices are 0.0000300, you earn 0.0001374, so you make 0.00001074x 100 , 0.01068 Batch 5 , bitcoin x2 Electricity prices are 0.0000150, you earn 0.0001374, so you make 0.00001220x 100 , 0.01268 At the end of 500 days, you have earned 0.0505, if you had bought BTC you would have had 0.0816! It will take you an additional 300 days to gain the rest in BTC. And you know, we assumed the hashrate so your share in BTC stays the same, which at 400k pe coins it's impossible as people will resurrect S5 to mine. We have a client from Czech Republic who switched to hosting with us because of very high electricity prices and he is very happy now. He is mining with L7s. I already told you the numbers are not that bad for other sha256 deals, what I was pointing was the money pit of the s19j at 8 cents kwh. |
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I am asking because I recently read a rumour that few months ago Visa stopped issuing new Binance cards for their EU users and since my card expires in a few months, I might start looking for the alternative if that rumour is true.
They lost their partner back in June and there is not a single one willing to come to replace it as Visa plans on ending a ton of those partnerships in Europe. Wirex is also unavailable for the EU with their cards completely not working and hasn't managed to get a replacement so, probably it will be safer to look for alternatives. Although..... To be honest, I dropped all my crypto cards and just when I need to spend some coins I send them to Bitstamp and from there directly to my ING account, it's fast I don't have a ton of things to worry about like support, and there are no fx, exchange fees, no fees on ATM, I get a replacement in 48 hours, so why bother with a fourth party here? |
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What a load of bollocks. The result of not letting prices regulate themselves by pure supply and demand and trying to manipulate them for political expediency. This rubbish has been known not to work since Diocletian's edict of maximum prices, which only served to stop people from producing goods or selling them on the black market, bypassing the edict. With this we have something similar. I don't let you lower the price but in order to sell the house you give away something that is 20% of the value, which, as much as the Chinese government doesn't want it, is a de facto 20% price reduction.
If they would allow this their whole real estate market would come crashing down and with it the entire fake GDP, and everyone knows that if they miss and can't fake anymore their 50-year-long plan of continuous growth they are all sent to the execution platoon! They are in so much trouble they can't afford to budge on inch Just look at the chronology, and this comes from SCMP, which is basically the CCP paper for English propaganda: China Evergrande downplays impact of staff arrests in Shenzhen, as property management unit warns on debtsone week later China Evergrande says founder Hui Ka-yan under ‘mandatory measures’ for alleged crimes, amid stock trading halt in Hong Kongthey have companies not able to pay debts, prices falling down making those debts unpayable, and on top of that: Even 1.4 billion people can’t fill all of China’s vacant homes, ex-official admitsThis is a bit like those companies that failed around here. They poured a ton of cash they got in debt for into coins, the market crash come, their stock went to pennies, the debt skyrocketed, they had to sell the shitcoins basically sealing their fate, and still had no money to pay the debt thus triggering the bankruptcy of those that lent them money also. And we have some still arguing about debts ratios of 100% when Chinese debts are at 300% since they have province debts, local government debts, central government debt, and country debt, they even stopped realizing that data after Covid since it went completely off track: https://www.scmp.com/economy/china-economy/article/3018991/chinas-total-debt-rises-over-300-cent-gdp-beijing-loosens. It doesn't really make sense to limit the price reduction, they are finding ways. Instead of spending 100k on a house and getting 20k back, you spend 80k and it would be the same thing, but because it is not allowed to drop the prices they are doing something like this. It still doesn't make sense though, because it is not the way it should be.
Imagine you have built 1 billion houses that nobody lives in and which are on almost every balance sheet at a certain value and this gets sliced in half, it would turn into a flood of bankruptcies since thousands of companies will see their assets turn worthless. Think LUNA! Let the market be whatever it is until people buy the houses, if the construction company has to make a loss, they will have to make a loss.
Even without allowing the companies are fall one after the other, Evergrande, Fantasia, and Country Garden, what do you think will happen if they set the price free?  |
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I just want to know if there's any heads up or I should avoid it and pay in Bitcoin without using an ATM?
Thanks
Do you want to sell your coins for fiat? Either way, don't *** it do it if you're in a foreign country, a neighboring city that's just a question of fees. Somebody did mention my topic but let me do a TLDR for you - I was short of Bitcoin, needed coins urgently, and was on vacation with no access to google auth or my second sim card - tried to weasel my way out of KYC so tried to make small purchases - wasted money on getting local fiat, wasted money on the ATM fee, wasted 20 or 40 euros on a taxi - ended with that damn machine still asking for KYC, suspicious looks from the owners, and a feeling the cash ATM was tampered with maybe even the BATM I don't know where you live and where you plan to travel, so if you're just sightseeing from Prague to Wien, then no problem, take the 5-7% fee into account and go for it, but if you're going to use some shady 3rd party ATM in some god forgotten city, DON'T! |
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Ok, so it seems like someone pissed in your soup today.. but I will ignore that.
At least I had some soup! When you have on this forum 10 people that tell you that you don't have a clue what you're talking about it's time to retreat in the background! Some of you don't realize how this kind of made-up praising for BTC can backfire, seriously, now when everyone has been complaining for months about the mempool, and how costly it is to make daily transactions how you can just wait or use another coin you're telling people to use BTC over cards? Yeah, they sure do, 400k out of which 300k are drawing monkeys in the blockchain versus 1 billion daily! Just think twice: - your friend gets his card stolen and is unblocked ready to spent, he can still call a bank to block it - your friend loses his smartphone with his wallet without a pin, how safe are his bitcoins? When you make up stories at least think twice before letting them out in the open! As a matter of fact, I have several cards with the contactless payment option "enabled" ...
You really fell hard for this one . I think you got my soup bowl. So, if: - banks are scams - cards are stupid and faulty Why za fk are you a Bitcoin lover in possession and using "several cards" from the evil scamming banks that suck our blood? The "scammer" would have to issue a new payment every time to charge you and that is not done in a second, there is a built-in delay in every of those PoS. I think that the OS is what protects the user in the case that someone steals their phone. There is a timeout setting, wherein the user has to authenticate the transaction. I'm a Google Pay user, and I've noticed that if I leave my phone open for a couple of minutes, I cannot make a payment. I'll have to turn off and on. No, I was talking about the attacker side, OP claimed that the attacker can come to you and in a matter of seconds empty your card by just bumping into you. The PoS has a delay, after each confirmation it does another PoS to Visa(for example) transmission on ending the session, then when you feed it with another recipe for another sum it will not get the key to initiate the transaction without a delay, no matter how fast you try to do it you will not get it ready in one second, it's the terminal itself that limits this. Banks go better and cheaper than in the past. What you wrote here seem to be over-inflated stories from people who don't really use cards.
~
The list may be longer too. As you can see, the list is not small, so we can better discuss on the facts, not on various... tales.
I don't understand why every single time they need to be praising Bitcoin they go for the wrong stuff. But I assume it's because deep in their hearts they know they're making the same mistakes with Bitcoin as they do with Fiat! Trusting Binance or Kraken with their coins and KYC, not creating a back-up, using their wallets on the same smartphone they have downloaded one hundred shady apps, and the list can go on and on and on, the real advantages are still here but they want they cling to have been gone for years, it's no longer 2009 anymore. |
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The scammers have figured out how to use that service to their advantage... by simply tapping it continuously (if it is not limited) and if it requires a pin... by watching you and following you after you have made a purchase. (They then take your card by force and physically tap it until your account are empty)
That's not how transactions happen. Each generation has a unique key, tapping on it multiple times won't make a double or triple purchase. The "scammer" would have to issue a new payment every time to charge you and that is not done in a second, there is a built-in delay in every of those PoS. Second, you won't get a contactless card to trigger a confirmation by following a guy, it barely works 2 cm directly from the sensor, and I've used this thing a thousand times to realize it makes no sense even bumping into somebody with it, one layer of clothes and a wallet are enough. Besides, this whole thing just highlights how banks are better than Bitcoin here, you have chargebacks, and you can get your money instantly back, with Bitcoin good luck, who are you going to call? They can even bump into you with a device that will initiate a small purchase from your card that can "tap" As I said above, this is bs! You've never seen or used a contactless card right? And what is the scammer going to do, wait 30 days hoping you're not going to ask your bank about this, and then go to his own bank and withdraw the money they have scammed from you. Really? What's next drug dealers coming to the police to demand damages for getting paid with fake notes for fentanyl? Share your experience with these Banking problems and give possible solutions for this, because we will draw a lot of people to Bitcoin, if we find innovative solutions to problems like this. Ok, so this is a bank-hating topic, not a topic about facts, got it! Let's lie to ourselves cause that will make us feel better! |
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If my assumption is correct, binance will not completely exit Russia, this separation process will allow "binance" to adapt local rules more effectively and easily use a new partner. It will be like in my locale where binance users are optionally migrated to tokocrypto, a binance cloud partner exchange, while the binance site (and alternatives) are completely blocked.
Neah, it's completely different and this is what happens to every company that tries to balance itself around the Russian issue. They can't really cut it as they have tons of money locked there, and they can't sell as there is no buyer so there goes the 1$ sell to the right person, someone who we have never hard about, usually a random guy who is just the front for the Russian FSB who will run this for a while before it drives it into the ground like every single business takeover they have done so far. So Binance takes a hit from losing all the fees and the customers but makes two sides both happy one applying the sanctions as it cuts users' access furthermore, the other side since it can now exercise total control and has just been gifted a complete database with all the sanctions Russians citizens have done over at Binance. The ones that are really getting the short straw are those who thought their government would never be able to find out how much money they've moved, now, things will get interesting let's say! The domain name is weird, especially with comm, it makes it look unprofessional.
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