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1381  Other / Beginners & Help / Re: [General] How to earn Bitcoins on: April 16, 2023, 12:20:57 PM
-snip-
I honestly think the answer to your question is simply 'just read more'. Your question is too general and we'd probably repeat what has been discussed. If English is not your native language or your English is not good enough to understand what has been discussed, then look for your local boards and ask your question there. If there is no local board for your language, then there is no other choice but to improve your English. I mean, you can't simply ask people to 'lower' their language level if we don't even know how much should we lower it, or if you will understand it later.

I also don't think you'll find any grammar issues, you can simply use Google translate or something similar to translate it into your language. While it is not perfect, you should be able to understand it just fine. After all you're just asking for a method on how to earn Bitcoins, not discussing its technicalities.
1382  Other / Serious discussion / Re: Work or bitcoin; what do you think? on: April 16, 2023, 12:08:10 PM
I'd gladly take the job. While I won't be active in the forum or other crypto-related activities, I believe I can still allocate some money to buy/DCA regularly. At the end of the day being active in the forum or trading is also a way for you to get Bitcoin. You might not spend your money but you definitely trade your time for it. I've been doing a similar thing in the past months, and although it doesn't last that long since I work on a temporary job, I still buy Bitcoin regularly when I did that. In short, it doesn't really affect the way you obtain Bitcoin, it might even help you if your new job allows you to dump $1k regularly into crypto while having a good life.
1383  Bitcoin / Bitcoin Technical Support / Re: separate phone for safety reasons? on: April 15, 2023, 12:33:30 PM
I believe something points the attention of hackers to my device and if I avoid those things that point their attention to my device I am safe.
Am I getting it totally wrong?
It is better to be safe than sorry. The price to pay is quite cheap compared to the uncertain risk you're facing if you regularly connect your device to the internet. At the end of the day, you can't guarantee that there won't be a new attack vector other than spamming links, phishing websites, etc. Heck, who knows some hackers could manage to hijack your DNS and use one or two exploits that allow them to control your device remotely without you noticing anything. Since you plan on holding for long-term anyway, why not make it as secure as possible?
1384  Bitcoin / Project Development / Re: New website. Looking for feedback on: April 15, 2023, 12:20:58 PM
I'm not sure what is the purpose of your website. Is it a faucet website aggregator? I know some of the websites on your list but afaik they are not faucet websites. If your purpose is just to list some websites with ref links, with no further explanation on their services, no one would bother visiting your website.

UI problems aside, there is little to no value to faucet aggregators nowadays. You're better off expanding your service to include airdrops aggregators or something similar. They are more popular nowadays but you need better research and control if you want to maintain visitors. You can also expand to include paid-to-click websites that don't support crypto if you're that desperate on increasing your visitors.
1385  Economy / Economics / Re: Does anyone notice the "investment cost" ? on: April 15, 2023, 11:29:51 AM
I am not an experienced trader as you are and thanks for your reminder.  Actually, I have decided to invest in Bitcoin as a long term holder. There should be less trouble if I avoid to check the price update every day.
I mean, there's nothing wrong with checking prices regularly as long as you don't get stressed. You can use that opportunity to find the best time to DCA your holding, or simply check out if the market is stable or not if you want to diversify into other coins, although that is unlikely based on your description.

But yeah, if you're a newbie, it is easy to get stressed out from daily price movement. Especially if you are so active on social media. Best to avoid them if you want good mental health. Most of the time you'll just see a blown-out issue or repeated 'Bitcoin is death' narrative each time there is a huge dip in the market.
1386  Economy / Scam Accusations / Re: Stake.com Blocking Withdrawal and Not responding to emails on: April 15, 2023, 10:22:31 AM
You've already posted this on their thread, just wait until they give you a response before you make another thread, especially in the scam accusations board. Their support is quite active so I doubt you need to wait that long. If that doesn't solve your problem and they did something that looks like a scammy move, you can bump this thread and post more details about it.
1387  Economy / Trading Discussion / Re: What's your most preferred Bitcoin investment strategy right now? on: April 15, 2023, 10:11:22 AM
DCA is a good strategy in Bitcoin investing especially when the market moves from bearish to bullish trend.
At the end of the day, DCA is just a way to average your buying price lower so you can still make profits when the price moves up. At least that's what I understand from how experienced traders share their tips.
Many people are staking. But the most important thing is to me that I am holding bitcoins. I'm not collecting bitcoins for the short term profit rather trying to invest it for the long term. For me, holding is the most effective strategy for the long term in Bitcoin. Here my risk comparatively will be less and profit margin will be higher.
If by staking you refer to locking your Bitcoin with a centralized party, I don't think that's a good idea. The protection in case something terrible happens is rare, not to mention you don't control your coins at all. It's very risky and not the best choice if your risk profile is not that high. I'd suggest people avoid them if possible, and just DCA even if they wanted that passive income that bad.



1388  Economy / Exchanges / Re: Wire transfer to BTC on: April 13, 2023, 12:36:08 PM
I had issues in the past to transfer money to other bank accounts after i use one of the platform abovr.
I am looking for a platform that will not give me hard time while i am trying to send money out to whatever account i want.
Are you referring to Coinspot that I posted above or Swyftx? What kind of issues are you facing in the past? Do they require you to use a bank account with the same name as your exchange account, or are they limiting your withdrawal amount, or something else? I'm not sure how Australian exchanges process fiat withdrawal, but I guess you'll face similar issues if they work on the same regulatory frameworks. P2P is probably your choice if you want to have flexibility on which bank account you want to withdraw without requesting additional KYC information.
1389  Economy / Exchanges / Re: XGO on: April 13, 2023, 12:28:41 PM
Never heard of them before. You've been away for the forum and the first post you make is about relatively new projects with few downloads on the app store while there are dozens of alternatives on the market. It is hard to feel you're not deliberately shilling them just like your other projects. If you do want to shill it is fine, but you should be upfront about it.

If you truly want to look for more information about it, better wait until it becomes popular and has a decent amount of users before you start considering using them. At the very least, you should check out their legal information. As of now, you can at least confirm that it is a website/app published by Exechain. This company is also not popular as far as I'm aware, not sure if you can even trust their public filling information.
1390  Economy / Exchanges / Re: Which crypto payment processor do you use for your business? on: April 13, 2023, 11:48:35 AM
If I were to have my own traditional business later on, Binance Pay is the most likely choice for me. My sister who is a co-owner of a restobar currently accepts Coins.PH as mode of crypto payment, but will open it up to her about Binance Pay later on.
Why would you limit yourself to one choice though? I mean, you can simply use two or three payment gateway depending on what customers you serve. Limiting to Binance Pay or something similar that only accepts payments from one app is not really the best choice, especially if you want to deal with customers who value their privacy. On top of that, an open-source and self-hosted solution is better in terms of control and fees afaik. That being said, I guess tho who want to use instant crypto payments probably don't care that much about which payment gateway you use. CMIIW.
1391  Bitcoin / Mining / Re: Why dont bitcoin hardware manufacturers re release old equip with smaller node on: April 13, 2023, 10:51:34 AM
Possibly because they are barring manufacturers from selling their ASIC miners, no matter how old or new to retail customers. Not outright threatening them or something, but binding these manufacturers in strict contracts that could include a clause that basically says "we will buy all your miners, so don't sell it to anyone" much like what apple is doing with spare iPhone parts and accessories.
Not sure I get it, Bitmain is the manufacturer no? Who would have the power to prevent them from refreshing their older hardware? If I follow your analogy, Bitmain is Apple, while its distributors are Apple's official resellers. I doubt their resellers have a say as to what they should make or sell. Not to mention people have been reselling their ASIC miners on marketplaces for ages. CMIIW.
1392  Bitcoin / Mining / Re: What would be happened in 2024/28 BTC halving? When mining would be expensive? on: April 13, 2023, 10:33:15 AM
a lot of small-time bitcoin miners will definitely have a herculean time staying afloat, some may even close up shop for good, which also means well for the second-hand gaming community since that only means more cheap GPUs to forage.
I think you're mistaking Bitcoin mining and altcoin mining. Even if somebody mines BTC with GPU right now, they're probably trying to do lottery mining, if that is even possible. Even if you can do it, the price of GPU has been decreasing steadily since those price increases comes from the ETH mining boom a few years ago. At the very least, you can find cheap AMD secondhand cards nowadays, since their latest release has been discounted so often nowadays. Anyone who wants to buy cheap GPUs is probably buying right now regardless of what happened to BTC halving.
1393  Bitcoin / Mining / Re: How much do I need to start mining? on: April 12, 2023, 02:04:10 PM
Can I start mining with $300 and grow from there?
Judging from your post history, it looks like you failed to consistently make profits when you trade and are looking to DCA. I think that is a good idea, as long as you have the patience to hold and keep buying even if the market is full of bear sentiment. If you don't like the waiting part and want to grow your capital quickly, even if you find cheap electricity I don't think you'll be able to stick to your mining plan. Whether you mine or not, you'll need to wait for some time before it bears fruit.

If $300 is your only budget, I'd suggest you stick with your DCA plan. Especially since you mentioned you have some responsibilities to your family and can't allocate too much money to high-risk investments. CMIIW.
1394  Bitcoin / Wallet software / Re: Trust wallet update on: April 12, 2023, 01:04:19 PM
Trust Wallet does not show some of the dusting tokens that I screenshot above and only some official tokens from airdrops that I have participated in, but the tokens have been abandoned. It's just a matter of deactivating them.
Yes. I think both of us refer to the same method of filtering tokens that can work on Trust Wallet, so that's that. Still, you can't do the same thing if they attack Bitcoin and similar networks, since you need coin control to manage the UTXO if you care about deanonymization issues. CMIIW.

But about attacking Bitcoin addresses, is there token dusting for Bitcoin addresses or networks?
I have never heard of it or know about it, because token dusting is more attacking on networks such as ERC20, BSC, Polygon, etc.
If there are too many attacks, it is not good to use it as storage for a lot of assets, I separate the main wallet with a wallet that is specifically for airdrops and some other interactions.
Yes, it happens quite often, far before airdrops and stuff like that become popular. I think you can search more about it on this forum, I've seen several threads discuss it in the past. It is understandable that they attack ERC and its derivatives nowadays since they can actually exploit and benefits from careless users due to the weakness in smart contracts.
1395  Economy / Service Discussion / Re: Validate a Blockchain Transaction Email Address on: April 12, 2023, 12:29:13 PM
I'm starting to believe you're no longer seeking scam confirmation, but rather trying to look for anyone who can take care of your case without spending any money at all. Dozens of people tell you and you already confirmed it yourself that it is a scam, yet you keep reposting this and looking for attention.

Just forget it and move on, don't beg some white hat hacker would take your case if what you have are just an e-mail and a fake tx-id. Learn the lesson and stop creating new threads about it. Your previous thread will stay and anyone can read it, so there is no need for multiple topics if you want to spread awareness (which I doubt is the case here). Losing money definitely sucks, but this is not the way to respond to it.
1396  Economy / Economics / Re: Swiss Government-Owned Bank PostFinance to Offer Customers bitcoin and ether on: April 12, 2023, 11:30:07 AM
We also know how banks could get into financial trouble and some just have to close down there by putting the crypto funds in the bank in danger just like centralized exchanges. Should also the government decide tomorrow to have a change of heart and probably hit cryptocurrency with a ban they could just easily confiscate the crypto assets and also endanger the investors privacy. Banks can only offer crypto services but storing ones coins there isn’t advisable.
I think banks would definitely stop offering crypto-related services if the government ban them. It would be stupid and such a scummy move if they just decide to confiscate crypto from the banks if they never stated that crypto is illegal. As for how some banks got into trouble recently, crypto is not really the reason as far as I know, just poor decision-making from the management in general. At the end of the day though, while I won't be surprised if they change their tune again, I do think they won't claim deposited crypto unless they want protests to happen frequently.

Michal Saylor told an anecdote about how a subsidiary of Bank of America went from telling him that not only could he not buy bitcoin there, but that they could not even talk about it, to offering bitcoin trading and custody services. As much as it departs from Satoshi's initial idea, I prefer the latter.
I also think it is inevitable that Bitcoin will be treated as assets like gold and silver. Regardless of how satoshi envisioned the future to be, people will always have different ideas. At the end of the day, as long as people are aware of the risk, I believe most of them will adjust their plans accordingly. Some, if not all will stop being reliant on a third party if they want full control over their wealth sooner or later imo. If they're not convinced then hopefully they don't get screwed if the banks decide to go bankrupt and lost their money.
1397  Economy / Economics / Re: Does People Really Care About Decentralization? on: April 12, 2023, 10:22:41 AM
I always feel that those who care are definitely in the minority. Most of those who read news about privacy & security issues, those who happen to be a victim of one of those issues, and so on. Those proportions might change if awareness about privacy is increasing, plus more decentralized alternatives become available (that are not that difficult and require many setups to use). I do agree that it won't come that soon, the market is still very new, and demand in general is not that high compared to centralized alternatives.

However, I also think it is not that far off since people are being exposed to many centralized system failures recently, such as a bank run, a defunct exchange, and so on. At the end of the day, most people still value flexibility and ease of use, so until there is a very good decentralized product that fits that bill, I expect the number of people who use decentralized services to increase. Unless they are mainly dealing with fiat, which I doubt can be streamlined unless you touch KYC and AML. CMIIW.

But the point is we need a balance between centralization and Decentralization, not all gonna work or at least gonna run well with the Centralization system and Vice Versa. We need both centralization and decentralization in some way.
What is an example of that? Exchanges will be the ones who need a third party to make sure they don't scam their users. Most of them have no incentive to go decentralized if they can just pay a fee every now and then to make sure they can continue their services and rake in millions of profits.
1398  Economy / Service Discussion / Re: Another mixer with chips? on: April 11, 2023, 02:26:39 PM
If you use it more than once, it is possible you receive your own coins again.
Are you referring to Chipmixer, or mixers in general? If you're referring to Chipmixer mixing method, I believe you can just check the history of each chip to see whether your past transactions/addresses are linked or not. This should apply to any mixer that follows a similar mixing method, CMIIW. As for others, some of them develop a code that you need to save to make sure your coins don't get mixed with your past transactions. Time will tell how effective it is, but these prevention exist for now. You can probably use both mixer and coinjoin to add another layer of obfuscation, although I can't tell how effective it would be.
1399  Economy / Exchanges / Re: Wire transfer to BTC on: April 11, 2023, 01:45:45 PM
If I remember correctly, Australian can use Coinspot to trade fiat and crypto. I'm referring to this one[1], but as always you'll need KYC to do that. Keep in mind that I never use them since I'm not an Aussie. Still, I've heard good reviews from some Australian guys on the Telegram group for one of the crypto projects that I followed. Probably not the most reliable place to get reviews so please do your own research[2]. You can also share some platforms you have already tried so we don't suggest the same thing repeatedly. Do try P2P if you don't want to rely on a third party at all.

[1] https://www.coinspot.com.au
[2] https://coinspot.zendesk.com/hc/en-us/articles/360000775776-AUD-Withdrawals-FAQ
1400  Economy / Scam Accusations / Re: SushiSwap Contract in Danger - Revoke Fast on: April 11, 2023, 11:17:10 AM
I read News recently that total 1k Ethereum was affected in this exploit. 300 Ethereum has been refunded by Security team while 700 is still to be refunded. i surprised to see that Sushi Token is not affected so much. i remembered when Axie was hacked then Its token was down badly but here the situation was totally different. its down 5% and very quickly its recovered back to original price.
Based on what I've read so far, the exploit is done on a contract that is not commonly used, and Sushi manages to compensate for the loss rather quickly. I guess the relatively low amount of loss also contributed to that. So, it is not surprising that the price was not affected that much. It is also understandable to assume there are some whales or traders who try to keep the price as high as possible though, anything is possible.

I don't think they will survive if exploits are happening so often though, they better improve the security or they will lose more than just 1k ETH in the future.
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