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14501  Economy / Gambling discussion / Re: Cloudbet's English Premier League Football Pool Discussion Thread on: December 29, 2018, 04:54:32 PM
What a comeback from Wolves, with 3 goals in the last 20 minutes to win 3-1 against Spurs. Spurs looked tired during the second half, with no one to come on from the bench. When you already have Kane, Son and Alli playing, and you need a fresh striker, they brought on Moura, but the rest of their bench is just weak. There zero-transfer transfer window seems to be catching up to them. Going to worse when Son leaves for Asian for a month.

Pretty hilarious that just as people start talking about Spurs having a shot at the title, they go and Spurs it up in classic Spurs fashion and lose 3-1 to 10th place. No one predicted a Wolves win, so zero points across the board for our league in that game.

The stoppage time Cardiff goal means zero points for everyone for that game too, and the stoppage time Fulham goal will really be pissing off hilarious who had put in a 0-0 draw.
14502  Economy / Trading Discussion / Re: List Exchanges Hacked 2011/2018 on: December 29, 2018, 04:15:06 PM
I'm sure there are plenty more small hacks of major exchanges and hacks on small lesser known exchanges that go unreported. There are also probably quite a few scams in there that are reported as hacks - BitGrail for example. I haven't followed the story in several months, but last I checked it seemed like the owner exit scammed with millions of dollars worth of Nano, said that he had been "hacked" to try to avoid the law, and there was a class action lawsuit against him.

Still, the total of your listed hacks comes to over $1.3 billion, and so the real value is likely to be even higher than that. The only coins that you should store on an exchange are coins you are actively trading. Anything you are not trading, or buying to hold, should be immediately transferred out to a private (non-web) wallet.
14503  Economy / Speculation / Re: Bitcoins 2018 speculations that will make you LOL! on: December 29, 2018, 03:35:00 PM
In reality though, anyone can make predictions out of thin air, draw some lines on graphs and say something technical to prove their points, but the market decides which way it goes and does not follow any predictions of any people--be it prominent or just the normal Joe--so it's best to avoid using these predictions as a basis for your trades and taking positions.

Exactly. If technical analysis was as accurate as some people claim it to be, then everyone would be a millionaire. It's super easy to look back at old graphs and draws lines to prove pretty much anything you want. And for every person who can say "Look at my accurate prediction from x months ago", there are 10 more who made a similar prediction that was miles off target.
14504  Other / Meta / Re: Most new accounts do not contribute anything on: December 29, 2018, 01:16:00 PM
I never made a judgement on whether his feedback was accurate or not, I simply pointed out that spamming his threads and his trust page and calling him names isn't a mature way to handle a disagreement and won't help you solve it.

Although I have to say, the idea of getting a medical statement to prove you aren't a "fagot" made me laugh. Maybe there is some new blood test or scan I don't know about.
14505  Other / Meta / Re: Most new accounts do not contribute anything on: December 29, 2018, 12:46:19 PM
Adults, when they have a disagreement, present a logical argument backed up by evidence to support their position. Children in the same situation rant and rave and call people names.

Spamming his trust page and multiple threads he started with off-topic nonsense and calling him a "fagot" will not help your case.

Once your loan is repaid, open a new thread in reputation with links to the relevant posts and transaction IDs.
14506  Economy / Exchanges / Re: Is Coinbase safe to store currency? on: December 29, 2018, 12:40:38 PM
Bear this in mind that coinbase or any other cryptocurrency wallet or exchange is hundred percent safe to store money.

Given the rest of your post, I assume you missed out a word here and meant to write "is not a hundred percent safe".

OP - no online wallet is safe. The only funds you should be storing at an exchange are funds that you are actively trading, and I would recommend against using online wallets for any other reason. There are too many things that can go wrong. Yes, a strong password and 2FA will protect your log-in, but they are not infallible, and hacks still happen. The exchange/service itself can be hacked and you lose your coins. They can exit scam and you lose your coins. They can become insolvent and you lose your coins. They can lock your account and you lose your coins. You get the idea.

A desktop wallet like Electrum is a step up and relatively easy to set up, but a hardware or paper wallet is what you should be aiming for for the bulk of your coins.
14507  Economy / Speculation / Re: Bitcoins 2018 speculations that will make you LOL! on: December 29, 2018, 12:27:55 PM
outrageous predictions of 2018

I wouldn't call your first predictions "outrageous". $25k was easily within reach at the peak of the bull run at $20k. McAfee's prediction is obviously outrageous, as is everything that comes out of that scammer and criminal's mouth. Everything he says is motivated by personal financial gain only, as can be seen by his whole "buy a tweet for your altcoin" shitshow earlier this year.

$100k, although seeming outrageous at the moment, I don't think is an unrealistic target for bitcoin with widespread adoption, but we are looking at years down the line and not in the immediate future.
14508  Economy / Speculation / Re: Holders should get out if bitcoin falls under $3200 says bear trader on: December 29, 2018, 11:46:35 AM
Those are the people who never going to make any money if they care about these few hundred bucks,when someone interested in money making just buy now itself the prices may increase in the future to the new all time high when these hundreds will sound like nothing.

Yes, if you are looking long term. If you think 5 years down the line bitcoin will be worth $100k, then buying at $3k or $4k won't make that much difference to you. However, if you are planning to trade all the way along the rises and dips, then entering at $3k or $4k could make a much bigger difference.

However, regardless of how you look at it, telling people to sell at an 18 month low isn't excatly the best advice.
14509  Bitcoin / Hardware wallets / Re: wallet.fail - 35C3 talk on hardware wallet vulnerabilities (Ledger, Trezor) on: December 29, 2018, 11:36:02 AM
Because of that is always smart to wait some time with updates, but some users just click update/upgrade button as soon as they see it.

The problem with that approach is if a critical vulnerability has been discovered in the current firmware, and you are advised to upgrade ASAP. If you also want to wait a week (or longer) after the latest firmware has been released to ensure that there is nothing wrong or malicious with it, then you are essentially stuck without being able to safely use your device in the meantime.


I am not impressed by Ledger response regarding this issue, they shoud fix that long time ago (if they know for this), and not wait that such things are be publicly displayed.

Ledger have a Bounty Program (http://www.ledger.fr/bounty-program/) for people who find bugs, so they can be responsibly disclosed and patched. Ledger even said in their response that "We regret that the researchers did not follow the standard security principles outlined in Ledger’s Bounty program." I can see where you are coming from, and in an ideal world there would be no issues whatsoever, but this is an unrealistic standard to hold. Bugs will always be discovered, and we can't really expect them to fix a bug they weren't informed about. This video was posted on the 27th and they had addressed it by the 28th. I think that's pretty good.
14510  Bitcoin / Hardware wallets / Re: wallet.fail - 35C3 talk on hardware wallet vulnerabilities (Ledger, Trezor) on: December 28, 2018, 09:40:34 PM
Regarding flashing custom firmware on Ledger Nano S, is hidden account also compromised?

They've not yet proven that any account is compromised.

Just saw this link posted in a thread on Bitcoin Discussion: https://www.ledger.fr/2018/12/28/chaos-communication-congress-in-response-to-wallet-fails-presentation/

It seems to confirm what I was saying. In short, they used a bug to install custom firmware in the bootloader, but did not access the secure element or manage to extract any PINs or seeds, and the bug will be patched in the next firmware version. I'm also pretty impressed by the response time from the Ledger team here.
14511  Other / Archival / Re: Jordan Peterson BTC Donations on: December 28, 2018, 09:30:01 PM
He has some views which I very much agree on, mainly regarding freedom of speech and political correctness, and some views which I think are outright crazy, such as his denial of climate change. A lot of people seem to really hate him for his views regarding freedom of speech and gender pronouns. He has loads of free material on YouTube - from appearances on various podcasts and news stations, to lectures and seminars.


why the fuck should I give him any money for the ejaculations of his mind?

I mean, that's pretty much the basis behind literature, music, or any other art form.
14512  Economy / Speculation / Re: Holders should get out if bitcoin falls under $3200 says bear trader on: December 28, 2018, 08:28:15 PM
skilled chartist

You might as well write "skilled fortune teller" or "skilled psychic" as far as I'm concerned. If he is so skilled to think bitcoin is going to drop to $3k, then surely he should be advising everybody to sell now and then buy at $3k, no? Why would he be telling people to sell at a low? Isn't this basic trading 101? Buy low, sell high?

I mean, I also think bitcoin might well drop below $3k, but I'll be taking that opportunity to stock up, not panic sell.
14513  Bitcoin / Hardware wallets / Re: wallet.fail - 35C3 talk on hardware wallet vulnerabilities (Ledger, Trezor) on: December 28, 2018, 07:54:00 PM
Interesting video, I have to admit I looked at the part which show Flashing the Ledger Nano S with custom firmware just because I use that HW. In this part of video we can see that is possible to flash Nano S with custom firmware, and in case they presented we see that instead HW you can turn on this device in miniature game console and play game snake.

Correct me if I'm wrong, but at 17:00 onwards I see them succeeding in installing custom firmware and running it via the Bootloader only? They don't actually run any custom firmware which has access to the secure element, which is where your seed and PIN are stored.
14514  Other / Meta / Re: Top 20 members with Post to Merit Ratio. on: December 28, 2018, 07:19:51 PM
I have to disagree to your point, it's a valid reason for someone not to get merit for the quality or the actual content of their posts, English on the other hand is not a scale for post quality by any means. nobody is obligated to speak perfect English unless they are getting paid to do exactly that. Many of us here "including myself" speak a poor to average English, as long as one can deliver their point, that alone should be enough.

I agree with you, to an extent. As you say, perfect English is not a requirement to gain merits or a good metric by which to judge the content of a post. There are plenty of users with "average" English who make interesting posts, and plenty of users with "perfect" English who spam nonsense.

However, there is a significant difference between users like yourself, who although may not have perfect English are obviously making a good effort to be comprehensible, and users like "Gabteb", who managed to misspell the word "merit" 3 different ways in a single sentence. His other posts (the ones that aren't bounty spam) reveal an all too familiar mindset - churn out a reply as quickly as possible without worrying about whether or not it makes sense.
14515  Economy / Economics / Re: On stablecoins on: December 28, 2018, 07:05:27 PM
It's the same risk as holding USD on any exchange, or in particular, an unlicensed one. Assets weren't backed on Gox either, or a host of other crypto exchanges from the past. That's why anyone planning to hold USD long term should definitely be wiring that cash out ASAP.

Not quite the same. With USD, although the exchange you are holding it on might not be solvent, you know that USD itself will always have value (provided the US government doesn't collapse or something equally catastrophic). If you are holding USDT, you run the same risk of the exchange not being solvent, but you also have the added risk of USDT itself not actually being backed up 1:1 by the same amount of USD as claimed. I USDT turns out to be worthless, than it doesn't make any difference whether the exchange you are holding your USDT on are solvent or not.


Aside from that, there will never be any news confirming USDT isn't backed because there will never be an audit.

This is the most concerning thing. If they were backed 1:1 with USD as they claim, what do they have to lose by doing an audit? Literally nothing, and it would shut up all their critics for good. The only reason to refuse an audit is if they have something to hide. I have stayed well away from USDT for a long time, and there is no chance I'm going back any time soon.
14516  Other / Meta / Re: [Proposal] Alphabetical order for Stake your Bitcoin address here on: December 27, 2018, 09:10:59 PM
Pages 1 through 8 manually reviewed and all addresses you have posted are correct.

However, you have missed a number of posts.

You missed a post on page 5 that was deleted, but can be seen quoted here for user Monnt.

Page 5, https://bitcointalk.org/index.php?topic=996318.msg10855949#msg10855949, user qwer312.

Page 7, https://bitcointalk.org/index.php?topic=996318.msg10935059#msg10935059, user unamis76.

Page 7, https://bitcointalk.org/index.php?topic=996318.msg10937835#msg10937835, user ABS-CBN2.

Page 7, https://bitcointalk.org/index.php?topic=996318.msg10937850#msg10937850, user GMA7.

Page 8, https://bitcointalk.org/index.php?topic=996318.msg10949015#msg10949015, user Crypt1990.



I am thinking of letter-wise work sharing. Thoughts please.

No need if LoyceV can pull all the data as he has done. Assign x number of pages to each person, collate all data in to a spreadsheet once confirmed and then automatically sort alphabetically.
14517  Economy / Economics / Re: Mining cryptos by harvesting body heat on: December 27, 2018, 08:03:19 PM
It doesn't matter how efficient the technology gets - the human body does not break the first law of thermodynamics. All heat produced by the human body is a by product of it metabolizing food for life-sustaining processes. We are spending energy to grow food, expending energy to package, ship and prepare the good, expending energy to break it down to usable energy inside the body, using that energy to drive physiological processes, and creating the byproduct of heat. Even if we can harvest 100% of that heat, if you are doing so purely for profit then it is completely non-viable compared to missing out all those hugely inefficient and wasteful middle steps.
14518  Bitcoin / Hardware wallets / Re: How to transfer altcoins to Nano Ledger S Wallet? on: December 27, 2018, 07:52:38 PM
There are other ways to use a single hardware wallet too. You can quite easily set up a wallet, back up your phrase, load up some coins, and then reset the hardware device so the only way to access those coins is via the backed up phrase.

Both Ledger and Trezor offer multiple hidden wallets secured by a passphrase (links to instructions). As Lucius says, the warning is that this feature is only for "advanced users", but they are actually fairly easy to set up and manage provide you are sensible about safely and securely backing up your passphrases.
14519  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: December 27, 2018, 07:28:48 PM
they're a team that usually chokes in the 2nd half of the seasons so I wouldn't be surprised if they drop a bunch of points.

Add to that the fact that Son has been called up to the South Korean Squad for the AFC Asian Cup in January. He's leaving following Spurs' match against United on January 13th for the 3rd and final group game against China on 16th January. The final of the Asian Cup is on February 1st, so his first game back if South Korea made it to the final would presumably February 10th. Thankfully for Spurs they have relatively easy fixtures during the month he is away. His form at the moment is crazy, with 7 goals and 4 assists in the last 6 league games (if you don't count the game against Burnley when he only played for <15 minutes).
14520  Economy / Speculation / Re: How much fiat is in the bitcoin system? on: December 27, 2018, 04:10:04 PM
Bitcoin market cap values are calculated in the terms of dollar or other fiat currencies but it doesn't means that fiat money is involved in the crypto fieldthe prices were just based on satoshi and one bitcoin will be always equal to one bitcoin.

Marketcap gives very little indication of much fiat has actually changed hands.

Let's say I want to go and buy 10 bitcoins. I go to my favorite exchange, and put down a buy order of 10 bitcoins. I buy the first sell order at the current price ($3,800). Then I buy the next sell order at a few cents higher. And then the next sell order a few cents higher than that. And so on and so on until all the sell orders combined reach my total of 10 bitcoins. All in, I'll pay more than $38,000, because each subsequent sell order is more expensive. Let's say the final sell order was at $3,900. This means that somewhere between $38,000 and $39,000 has changed hands. However, given that the final sell order was $100 more than the first, I've just increased the marketcap of bitcoin by $1.75 billion (17.5 million coins * $100 per coin). An increase in marketcap of almost $2 billion has been achieved by spending less than $40,000.


I think that is why about 50 billion dollars or so is involved in bitcoins system, that's not crypto though, crypto probably has over 100 billion easily, this is just bitcoin.

My example above becomes even more ridiculous when you consider altcoins. I can create an altcoin with 1 billion tokens in circulation and then sell a single token for $1 to my friend. My altcoin would now have a one billion dollar marketcap despite only one dollar changing hands.
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