To be perfectly honest, things seem worse for me.
The whole economy around cryptocurrency depends a lot on the regular economy for financing its everyday operations.

As a result, the money flowing into crypto must have gone down considerably also. We've gotta remember that the ongoing recession isn't also accompanied by distrust in the financial system (as it was in 2008).
Central banks could now more easily solve the issue by printing money. Retail banks aren't bound to collapse this time, deposits are still in them. Just less propensity to invest.
Therefore crypto as an instrument isn't seeing more interest because of the recession. Actually very few industries saw a benefit from the pandemic. Only those that produce related items, SOME games and live streaming. Almost no other industry is known to largely have seen increased earnings. Even most websites saw less earning because they got more traffic but fewer companies were interested to advertise.

This is an example of how ethical address tracing can prevent loss of funds.
However, all thanks to Coinbase bragging about it, next time the scammers will know to create a new address each time.
This one simple trick that bitcoin wallets teach you about as soon as you download them... This time Coinbase was one step ahead. Probably not the next one though.  

Source: https://www.euronews.com/2020/07/20/eu-summit-deadlock-see-talks-stretch-into-sunday
Alternative source: https://www.ft.com/content/713be467-ed19-4663-95ff-66f775af55cc

Long overdue deal between EU countries for an assistance package has finally been finalized. It's a historic deal of great proportions. The compromise seems to have come in the fact that around half of the funds will be borrowed.

EU country leaders would like to project that they union is sturdy and stable, but the concession that had to be made might show otherwise. Countries that were notorious for their opposition to the deal initially had great offers made to them for their budget rebates. Essentially now, already rich northern countries that contribute little to the EU will be earning more, all over a pandemic that affected them less than the south. Just the fact that this compromise had to be made only for the deal to pass for me shows some weakness in EU's mechanisms.

I think sooner or later most of the gambling and betting sites will start accepting bitcoin and crypto in general in one way or another.
Perhaps the biggest providers wouldn't want to carry much of the risk and would rather utilize a third party solution to simply give them a balance in FIAT after commission. Some of the bigger betting sites do this by using neteller from what I know. I could definitely see more sites doing it in the future.

Moneypot was actually the original game of the crash game. Its inventor, Eric, had sold it to Ryan afaik

Original thread is here.
It's an interesting history for a casino.

Here's the auction thread, where moneypot (the original site with the crash game), was sold. Eric quoted saying the biggest bid was 100 BTC, in 2014...
So interesting that this is all out in the open.

Welp, ok... I was willing to at least look into the site after the issues were supposedly fixed, but now it feels pointless. Seems like I won't be re-considering anything.

Anyone have a link to this thread? It's fitting to have it here too IMO.

If you merely use exchanges to buy and sell, and not keep your coins there for indefinite periods of time, then I think you're not exposed to much risk.
Don't use exchange as a bank, just use it for its utility. Then you can store funds in your own cold wallet for example and have the security of being your own bank.
Exchanges are sadly or not the best way to acquire bitcoin in terms of market price, and are especially necessary if one wants to buy large amounts of BTC at a time. But until we get fully decentralized exchanges, we can't have an exchange whose wallet client is also fully trustless, much like bitcoin always was.

In terms of gambling, I don't think it's that important.
The quality of service and long term reliance are seen as more important by most players. To be able to play conveniently without having to deal with on-chain transactions and delays every time to roll is seen as a greater achievement. Perhaps my only concern would be long term deposits. If you are an investor for example, I'd much rather see a trustless solution for storing my funds. For example multi sig and potentially an eponymous custodian holding part of the key. This way casinos are less likely to run with the funds for example. Multisig can be done without decentralization too. The payment method is aldeady decentralized. Not everything in the operations of the web also needs to be.

I don't think that you can simply compare crypto to traditional investments and say it's doing better over such an abstract time frame...
It's not that easy. You have to define the time frame and be more specific on the terms you define better with...

Even in terms of the recent economic crisis. Stock markets haven't plunged, believe it or not. The federal government promised to increase its budget to save companies and essentially the stock market survived so far without a crash. Lots of volatility and some losers, but many gainers too. BTC has meanwhile been stuck around 10k USD and altcoins haven't had that good of a year. So no, I wouldn't say that crypto as an investment has proved itself to be better. It's not that of a great comparison in the first place but the point in the OP is contrary to reality too.

I think the amount of effort and vetting one would require to program GPT-3 to post on bitcointalk wold be substantial. Not a ton of work, but still, if someone possess such advanced knowledge of these professions, they'd have much more lucrative endeavors to attend to other than trolling the forum with AI generated posts. There's not much to gain from this other than perhaps portraying it as a silly social experiment. Which again wouldn't be taken all that seriously, as there are better potential applications, without questionable ethics.

I don't know if you would call the current market condition bearish.
But what's for sure is that there has been substantial resistance for the price to rise above current price levels, especially on the 10.000$ price level. My take is that the previous dips, as well as bag holders from past highs, are mounting to create selling pressure that keeps pricers from rising further. And also the global pandemic and inevitable economic recession has made it so there's reduced demand. So a rally couldn't be driven to cause an uptick in prices.

I am glad to see there was effort put into improving the system for rpovable fairness on the site.
I will look into it and consider revising my rating accordingly. In my view a second chance to avoid stigma should be afforde dto be ventures in the space. Hopefully things stay fair under the new wsstem.

This is more of a question about your OS and hardware other than armory in specific. A full node needs to write the blockchain to a drive that your computer recognizes.
So long as your computer can recognize your drive you could do anything with it.

It doesn't matter if the drive is in or out of the box for that matter (external vs. internal). Just set the wallet to store the blockchain there and have have connected before starting your client.

Very nice song OP.

I don't know if anyone here remembers, back in bitcoin's earlier days a rapper called Zhou Tongued was writing covers that were popular in the mids of the bitcoin community.
Here's an example:
Zhou Tonged - Cyprus Anthem (cover of Swedish House Mafia - Don't You Worry Child)

There also were a few others which I can't remember now. Perhaps some other old users here might help remember.
Perhaps you should make a bitcoin musician ensemble. 

I bet that whoever managed to hack so many accounts probably has thought it through about what steps to take so they can't get caught.
My theory of what most likely happened is that these accounts had a common breaking point. Perhaps some authenticated application with permissions to post from something like a marketing firm.

Twitter is the one that should look into such security issues other than a crypto CEO that was affected by the hack. Honestly, that money is never going to get to the hands of anyone because the hackers probably know how to remain anonymous. It's just a publicity stunt as others have said.

Whale time on bustabit.
I don't know if you see this every day, but someone just lost 6.25 BTC in a single bet and promptly deleted their account right after.

Here's the bet:
https://www.bustabit.com/game/3462696
And prior to that, the same user had 'missed' many opportunities to cash out 1000 bits @ 100x, 500x or even 900x. Instead they were just showing up on chat to flex saying "that was nothing".
This was their goodbye message:


We'll never know the context of these actions but it's just interesting to see how fast someone can crash and burn with gambling. Always remember to never gamble with what you can't afford to lose.

I especially like dogecoin because of its low fee value and faster transaction times.
It's also good if you like big round bets. Betting a dollar with BTC is around 0.0001 BTC, but with DOGE you can bet 350 coins for a dollar. Which is also useful if you like a strategy that starts with smaller bets.

I wish more crypto gambling platforms would allow deposits in a currency that was easier to transact. Because especially at times of a surge, prices can cause fees to go up substantially and therefore act as a counter incentive in making small deposits.

I think the US did some monumental mistakes in handling the pandemic. Slow to act, fast to re-open and almost no action to prevent the spread from the federal government.
The Trump administration politicized the issue, restricted CDC's authority and downplayed science.

Now the US being the world's biggest economy, is also the world's biggest incubator for a virus that has no cure.
I think it'll be because of the US that the virus can no longer be contained. We shouldn't be looking for a way to re-start the economy any time soon, at least not until the world has received a vaccine.
Until then, and thanks to re-infection being possible from what it seems, social distancing is the new normal. Demand will be down and some businesses will have to succumb to no or very limited business throughout this period.

It's true that decentralization and blockchain technology have become buzzwords these days.
People are not realizing that re-imagining bitcoin's trustless decentralized system for something other than transactions of cash isn't going to be nearly as trustless and decentralized.

Many projects have filled these holes with trust based solutions such as permissioned chains, high-trust nodes, setting validators, voting and other ridiculous solutions.
I think most projects that are rising through the De-Fi trend will spend years without having achieved much if anything. Their promises are tied around a speculative token and in reality not much beyond this is thought out.

I do think there's value in building decentralized and autonomous or semi autonomous solutions such as decentralized exchanges and marketplaces. But I don't see much value in tokenizing these systems under a proprietary model and a centrally managed organization. Cryptocurrencies ran like a corporation fail to be decentralized right from their very foundation.

It's unbelievable how bad the security of these crypto-related accounts must have been. A simple 2FA device would have likely prevented this.
I could see them receiving more liability if the hackers aren't found here.
Many of these Twitter accounts are followed by people that aren't well versed or very knowledgeable with into crypto and just want some news. Holding crypto doesn't mean you're an expert.
The accounts of big companies are trusted by many people uncritically for what they post... They should have invested in better security. Not that it's hard to secure a twitter account.