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1241  Bitcoin / Wallet software / Re: Wallet software security on: March 09, 2023, 10:08:47 AM
What does the manual backup do? Does it present you with the seed, and then ask you to write it down or is it trying to store a local backup, via storing it on your device?
Nothing, just shows the seed phrase, no backup instructions to device storage. Btw, the Gdrive backup option appears only when accessing the seed phrase in online mode.


If you want to view your recovery phrase in Coinomi, you need to enter your password. Otherwise, you can't see it. I don't think the software has a biometric feature. I don't see it in the settings.
Thanks for clarifying this.

Quote
- One disallows the phone to take screenshots while the Coinomi app is active. And it works.
Well, it is also available on trustwallet only when the seed phrase is displayed.

Quote
- The second one is silly and makes little sense. It hides the balances in your wallet. The silly thing is you can enable/disable this feature with the click of a button. It doesn't ask you for your password.
Just to avoid stalkers or CCTV in public places I think, but it's not really safe to check your bitcoin balance outside of your home.
1242  Economy / Economics / Re: How to increase capital investment on: March 09, 2023, 09:55:31 AM

I agree with you, investing in altcoins is not called diversification,

So what do you call it?
All assets that in their price movements have the potential to become independent at any time are worthy diversification objects. It can be affected by a number of things including ongoing developments. The investment term I think is even irrelevant to diversification goals because your belief should be absolute about the long term of an asset, so you'd not consider other assets on the grounds of being risk averse.
1243  Bitcoin / Bitcoin Discussion / Re: How would we solve this problem about payments on: March 09, 2023, 09:36:59 AM
If you accept bitcoins, you should tolerate the volatility, then your reference is simply the amount of bitcoins the woman owed at that time and you should prepare a receipt with the billed amount of bitcoins in bold and some customer details including a txid to prevent confusion.

There are many of these solutions, depending on the goods you're selling and what the payment mechanism is. Some types of goods also allow you to get the tx confirmed before the goods are taken away, for example goods must go through a packaging process of up to 20 minutes.
1244  Economy / Marketplace / Re: Legitimate and sincere dealers grow fast in business/trade. on: March 09, 2023, 08:59:23 AM
Honest buyers and sellers sometimes set their own unbreakable rules, and as they experience, their rules can be expanded and it can be difficult to find a final agreement. I'm actually having a hard time finding a solution to this if not first trust each other, unless they involve a third party (and yeah that is avoided a lot because the extra cost isn't desirable).
1245  Economy / Services / Re: [CFNP] Yo!Mix Bitcoin Mixer Signature Campaign| Reward up to $100/w | 2/2 escrow on: March 08, 2023, 10:58:59 PM
Sig. updated
1246  Economy / Services / Re: Badge Designer needed! on: March 08, 2023, 10:53:06 PM
I'm willing to take this job if you haven't got a designer 4hrs from now.
DM me on telegram @rat03gopoh for a deal, while I'm off desk atm.
1247  Bitcoin / Wallet software / Re: Wallet software security on: March 08, 2023, 10:55:10 AM
- Password and biometric entries aren't automated. You use them manually to access your wallet.

Interested to be more curious, related to the recent "hacking" issue on the coinomi wallet (which I just remembered). I gave several possible causes, one of them:
Btw, the seed phrase can also be seen on the settings page right? simply use a password to access it (or biometrics if you enable it).

Since I don't use coinomi wallet, I tried my trustwallet and... bingo!!!, it really needs biometric authentication to access the seed phrase. Also, the crazy method that trustwallet offers: Gdrive backup  Grin


Anyone who uses coinomi, does that also have the same way as trustwallet to access seed phrases?
1248  Economy / Trading Discussion / Re: Is it legal for our kids to learn trade? on: March 08, 2023, 10:23:05 AM
If you areb't even a trader of average ability, I don't recommend your initiative. Need special guidance to teach children how to trade, not online, not books, direct parents. Also, no real money, full demo account.
And I think if you look at the average trading platform conditions (with KYC), then clearly the most recommended age to start is at least when they have an ID card (adult). Regulations in a country that I found don't even allow doing business with minors. In conclusion, teaching children to trade is highly not recommended.
1249  Economy / Economics / Re: The Biggest Financial Regrets on: March 08, 2023, 09:29:41 AM

The biggest and most common financial regrets people will have.

1.  "I should have started investing and making financial plans, earlier."
2.  "I wish I had taken more risks and tried more things, when I was younger."
I think regret will be experienced by all people even if it can be said to be successful in general. Suppose you ever heard this sentence from a rich guy, "I should've invested all my wealth in bitcoin 10yrs ago instead of just a few cents, maybe I'd be in the top 100 of the richest ppl in the world."

I believe that everyone has their own lifeline. To reduce the feeling of regret, "be grateful for yourself today".
1250  Bitcoin / Project Development / Re: Bitcoin & Apple Pay on: March 08, 2023, 08:14:52 AM
I don't know if others platform like Coinbase Card or Crypto.com are supported.

Including the crypto.com visa card, I think all DC/CC/VC products that collaborate with Visa will automatically be used on Apple Pay based on several searches for payment card products that I found.

Crypto.com visa card https://watcher.guru/news/how-to-add-crypto-com-visa-card-to-apple-pay
Binance card https://watcher.guru/news/how-to-add-binance-card-to-apple-pay
Nexo card https://support.nexo.io/s/article/how-to-add-nexo-card-to-apple-pay
Wirex card https://wirex.knoji.com/questions/wirex-apple-pay
1251  Bitcoin / Bitcoin Discussion / Re: What if a change in people's views? on: March 08, 2023, 06:54:06 AM
I never thought that far, but maybe something big has happened to disrupt the financial system that is related to trust, for example, global financial institutions that are blatantly showing chaos. The problem is, does everyone have the same solution (in this case bitcoin) at the same time and bitcoin holders are even willing to trade 1 sat for $1m USD (referring to the outright distrust due to sudden inflation)?

As a reminder, a large portion of the human population is still dependent on financial institutions and has never even heard of crypto.
1252  Bitcoin / Bitcoin Discussion / Re: this is, how easy it is to scam people on: March 07, 2023, 01:39:14 PM
she does not know anything about binance and basic terms just made an account following her mentor.
she is so dumb to scam her.

Why don't you think otherwise? He's actually trying to trick you. He's trying to direct you to someone who offers you 90% of the return on investment.
There is no real woman if she is some random girl who starts a profitable investing conversation. So stay careful, and don't assume you're smarter than "beginners".
1253  Bitcoin / Wallet software / Re: Coinomi wallet hacked, all funds stolen on: March 07, 2023, 10:19:25 AM
The password was in my head not on paper.

Is that a series of words that are easy to guess? Then it's useless. Btw, the seed phrase can also be seen on the settings page right? simply use a password to access it (or biometrics if you enable it). As I recall, Android devices can add multiple biometric IDs. If in fact there is other IDs on your device, I don't think you need to suspect it's a malware attack, wallet vulnerability, or other online attacks.
1254  Economy / Collectibles / Re: [FREE RAFFLE] Betnomi Cold Wallet - 8 round 🦊 on: March 07, 2023, 09:52:11 AM
40 - rat03gopoh
1255  Other / Meta / Re: View Counter of each Reply on: March 07, 2023, 09:45:50 AM
How is 1 point added? 1 page contains 20 lines of posts and do you mean every person who viewed 1 post also adds 19 posts on that page 1 point each? And what about when displaying posts via profile history?

Suppose the number of views is considered a new parameter for knowing how interested people are in a post, spammers will think their posts are constructive.
1256  Bitcoin / Bitcoin Discussion / Re: bitcoin can't be rubbed on: March 06, 2023, 11:36:45 PM
According to the sign, this machine also accepts cash. I think the thieves just wanted the cash in it, but it seems out of luck this hasn't even been used by anyone. Grin
Btw, this is the worst-designed ATM machine considering the thin metal cover and small size that can be carried by only one person.
1257  Other / Beginners & Help / Re: Importance of cryptocurrency to global economy on: March 06, 2023, 11:17:38 PM
2. Easy to use and Fast : we all know that transferring funds traditionally involves some hassle and can take some time as well.
...
these cryptocurrency transactions can be done within seconds, unlike traditional money transfers which take some time.

You only take the last part of the crypto transaction process as if it only takes one click.
If the use case is like no.1, it will take several processes because immigrant workers generally get their salary in fiat, one of which is dealing with local banks, risking when converting fiat to crypto via the p2p market. Then the transaction within seconds is impossible.
1258  Economy / Services / Re: best opportunity for hiring on: March 06, 2023, 12:26:39 PM
Moved this thread to the services board, and it looks like you should include some past work.
?board=52.0

While looking for the first customers on this forum, you can try your luck in some of the contests that are currently taking place with "bitcoin" prizes (some match your skills).
1. Pie baking contest ?topic=5439781.0
2. Roobet art contest ?topic=5441776.0
3. Utopia bitcoin raffle ?topic=5441696.0
1259  Economy / Economics / Re: Are people really having the wrong concept of savings? on: March 06, 2023, 12:11:59 PM
"Saving is the portion of income not spent on current expenditures. In other words, it is the money set aside for future use and not spent immediately."
The word "use"(spend) is the key word of concentration because it seems people talk so much of savings as if one isn't supposed to use their saving even until death and I began to wonder what the purpose of saving really is.

Nope, your interpretation is too limited. Why not continue with the next part of the article [1]?
Quote
Why should we save money? Saving can be used to accomplish objectives in the short-term such as buying a mobile phone, or in the longer run such as continuing to study, or else buying a car or a house.

Saving money can also help us cover unexpected expenses, such as an illness, replace an appliance that cannot be repaired or make an emergency trip.

Actually the source of the article detailing the concept of savings is better than you think. Adding mine, setting savings to be flexible won't hurt you financially. I control my money, not the other way around.


1. http://www.bcra.gob.ar/BCRAyVos/Aprendiendo-a-ahorrar-que-es-el-ahorro-i.asp
1260  Economy / Trading Discussion / Re: Threads on local currency with bitcoin! on: March 06, 2023, 11:48:05 AM
You have no opportunity legally in your country, so that basically gets tricky. I'm not even sure there's a legal way left.
The best way is to change your nationality. If there are other activity suggestions, it must force you to break the regulations again.
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