Bitcoin Forum
May 28, 2024, 10:08:50 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 [74] 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 ... 292 »
1461  Economy / Gambling discussion / Re: Qatar world cup Final Predictions on: December 05, 2022, 07:10:10 PM
Brazil take an early leas against Korea republic, with a nice finish from Vinicious Junior and great play from Raphinha leading up to goal.
The wave of the match favours Brazil already, they've been by far the better side and would grow in confidence after getting a goal before the 10 minute mark.

Korea has it all to do now, as they were already at a disadvantage even before the first whistle.

Edit; Goes from bad to worse for Korea as Brazil wins a penalty,

Edit 2; Neymar takes Brazil 2 nil up.
1462  Economy / Service Discussion / Re: btc-asia on: December 04, 2022, 08:50:49 PM
We're they recommended by the person you were trading with?
A quick search shows they've been running a scam project for many years now, and the person who suggested using that website most likely is culpable as well.

is there any chance i can get it back?
It depends on what you sent; if it's crypto currency, independently recovering the funds isn't possible, but if the owners are discovered by law enforcement agencies, then there might be a slight possibility.


is there any chance i can do something to get this site down?
This is not reported to be a case of phishing, but you can report the website here - https://safebrowsing.google.com/safebrowsing/report_phish/?hl=en
There's no guarantee it would be brought down, but it's worth the few seconds.
1463  Other / Beginners & Help / Re: Am I right or wrong on: December 04, 2022, 07:58:35 PM
I'm guessing the only option they have is to join?
They have some other options;

• They can try to replicate the network by creating CBDCs which function on the blockchain, but this would not be a popular alternative,
• They can regulate its usage within the country and place heavy taxations on Bitcoin related transactions,
• They can outrightly ban the network and make it illegal to use,
• They can try to benefit of the surge of the network and become more Bitcoin friendly to attract developers and investors alike.

They could do any of this while buying Bitcoin, and neither of it really matters as it's not in our control how the government reacts. What's in your control is how you store your bitcoins that no government would be able to control.
1464  Bitcoin / Bitcoin Discussion / Re: Bridge from multiple networks to BTC network anonymously? on: December 04, 2022, 07:49:44 PM
You can use a peer to peer exchange like bisq to maintain your anonymity. I know Ethereum is accepted on bisq, but not certain on the other altcoins.

Using a bridge between to obfuscate the trail of transaction can also help, this involves using a coin mixing service like chipmixer before sending to the decentralized exchange. This way, anyone monitoring the transaction would not know the source of the bitcoins which were inputs in it and cannot link it to an identity.
1465  Bitcoin / Bitcoin Discussion / Re: Bitcoin Vision on: December 04, 2022, 07:28:31 PM
Bitcoin vision is to be a peer to peer network which would remove the need for an intermediary between transactions and give its holders the freedom to handle their finances while remaining pseudo anonymous.

Any other vision can be said to be ones personal expectation of the network and how adoption would improve with time.
A lot is still yet to be seen about the future of Bitcoin; with the current rate of growth it looks very optimistic, and I would expect more use ases for Bitcoin being discovered and improvements being made to make it more suitable for daily purchases.
1466  Bitcoin / Electrum / Re: Should I copy my electrum wallets to USB for extra backups? on: December 04, 2022, 07:12:00 PM
What I'm worried about is someone finding my written down seed and being able to use it, while, if they found a thumb drive they would not be able to use it without the password, which only I remember.
Discretion should be highly considered when storing your back ups and you can play around with it a bit to ensure that if anyone does find it, they would but be able to access your funds with only that information.
An extended seedphrase is one option, and works better than omitting one of the words when writing it down.
You can also have a multi-sig wallet and store them in different locations, so finding one of then would not grant access to the funds.
1467  Other / Beginners & Help / Re: Bank accounts on: December 03, 2022, 05:42:47 AM
And if that individual is picked up by the police for some different reason like money laundering guess whose name will be on the list of the people he has exchanged money with?  Grin
There is a small risk of that obviously, but with the way exchanges are designed, they indicate the number of trades a P2P seller has made in the past before you decide to trade with him or her, this means they would have exchanged money with a lot of people.
What are the odds that they would all be tracked down?

These sorts of transactions have already been made kinda illegal by the regulators though too Smiley. Sounds like a nice way to stop people investing in crypto and putting funds in zero interest bank accounts..
Alright, I was not aware of the entire scope of the regulations.

In Nigeria for example, the ban on bitcoin only covers bank transactions directly funding an exchange wallet or buying from it, but does not make P2P transactions illegal.
1468  Bitcoin / Hardware wallets / Re: My dad got a Ledger from Best Buy.... on: December 03, 2022, 05:20:34 AM
Can anyone else please confirm my hesitation with the Best Buy purchase?
Yes, your hesitation is appropriate.
Best Buy allows third party purchases and anyone can try to sell an item of theirs through the platform, this makes it possible for someone to sell a flawed device or one with a set of preset keys which can allow them possibly steal funds which are sent to it, if the user does not wipe the device first.

But who knows, how can you trust anyone? How can ledger not even be questioned? They have in the past but have continued to be one of the best cold storage hardware wallets. Recently the old micro 5 bit Nano S option isn’t even available on their site anymore. He also went with the bluetooth ledger one, which I also told him was much less secure. But it appears that they changed them all. Can someone tell me what is the currently the ledger wallet that is most secure? If not Ledger then what is the best cold storage wallet in your opinion & what facts do you have to back that up?
Ledger should infact be questioned. In crypto, you do not trust you verify.
• Question how their products are closed source and it is impossible for buyers to verify the code which it runs on, leaving risks for hacks,
• Also question the durability of their products.

I personally don't use ledger and refrain from suggesting a hardware wallet to use, as it's a delicate business.
Do your own research based on what you prioritize in a hardware wallet and make your decision.

I think ledger wallet is for those people have larger money I mean from 100k dollars plus value.
With a Bitcoin holding worth $1k, buying a hardware wallet is a shrewd decision, considering how much they are worth relative to it. If you go as high as $5k, then it becomes a necessity.
1469  Economy / Speculation / Re: BTC Sentiment Poll for December on: December 02, 2022, 08:05:44 PM
I erroneously voted 'No', while I wanted to vote for 'Yes'.
I personally think we have hit the bottom for this cycle, but do not really have some technical analysis to back that up. It's of course an unpredictable market and can still go much lower than this, or have a dead cat bounce and then dip again.
1470  Other / Off-topic / Re: Am I being scammed? on: December 02, 2022, 07:04:07 PM
He and I have been in contact and I have transferred 2 amounts to him. Fortunately not overly high.
What was the purpose of the 2 transfers you made to him and through what means did you do that?

Quote
Am I being scammed?
Yes, you've been scammed already and the scammers are trying to see how much they can squeeze out of you before greed wears off and reality begins to set in.
First rule of being scammed;
"If you're asking whether or not something is a scan; 99.99% of the time, it is"
1471  Bitcoin / Bitcoin Discussion / Re: Why We People Cannot Think Like Whales 🐋 🐳? on: December 02, 2022, 06:54:45 PM
You don't necessarily have to think like anyone, all you have to do is actually "think" before investing. Understand how Bitcoin works and why you plan to invest, plan how to hold your coins safely (cause when investing, privacy and autonomy should be a priority) and without the need for a third party, then you either use Bitcoins as a currency or safe it up as an asset.

Whales do not act in accordance or have a singular way of thinking, so trying to copy such a template is not really practical.

Hmm, so if by definition whales are those with huge share of bitcoin then you know very well with that kinda money at your disbursal you can do miracles! The miracles which can collapse the whole ecosystem in a night and just to refresh your memory,
Whales cannot collapse the whole Bitcoin ecosystem in one night or in a hundred, they can only try to do so and most likely lose their holdings in the process and the market would recover after a while.
1472  Other / Beginners & Help / Re: Bank accounts on: December 01, 2022, 03:48:50 AM
People this is ridiculous. It is clearly their money not mine. Of course they cover their asses with terms and conditions blablabla
Just as with a centralized exchange, money kept at the bank, is owned by the bank, they just allow you use it, when you make a request. And, over the previous weeks, many U.K. banks have resolved not to let their citizens use it in what they consider a high risk market.
Starling bank, Santander bank and most recently, U.K. high Street banks have implemented some sort of restrictions on crypto related transactions. See more

Are there any UK banks that don't do this shit?
I am seriously considering moving somewhere else or cashing out completely.
If there are, there is a big chance they would be joining the list soon. Have you considered trading P2P?
Here you don't need to directly fund an exchange account, which the bank has to approve of. You only make a random transaction to an individual, who sends you the crypto you want to your wallet.
1473  Economy / Speculation / Re: Bitcoin Is Approaching $17000 on: November 30, 2022, 11:23:00 AM
If there is something I did not miss about a rising market, it has to be the threads which are opened anytime there is a movement on the charts.

The Wall Observer thread is one place you can discuss intermittent price movements in the Bitcoin market.
1474  Other / Beginners & Help / Re: My gut is telling me that I am missing a part here on: November 30, 2022, 10:43:16 AM
Binance exchange is a centralised exchange right? But they provide P2P, is it ok to say P2P is decentralized?
No.
P2P is a feature on most exchanges which allows people to trade directly with another party, without having to put up a sell it buy order and wait for it be taken or buy at the market value, where the exchange would match them up with a seller or buyer.

Decentralized and Centralized platforms alike can have a P2P system, the difference is that in a DEX, they do not hold your funds and you would be trading directly from your personal wallet to the buyers address. This is not the case in a CEX where you need to find an address which is owned by the exchange and then trade directly from their with another peer.
1475  Alternate cryptocurrencies / Altcoin Discussion / Re: What will be the next crypto craze? on: November 29, 2022, 08:22:38 PM
This post is not particular to Bitcoin and should be moved to the altcoin discussion section.
First, it was Bitcoin appearance.
It has always been the Bitcoin experience. With devs experimenting the blockchain model in-between to create some fairly useful or outrightly shitty new projects. But through it all, Bitcoin has been the one constant in the crypto space.

A lot of developments have been a part of the industry growth, so my question here is, what do you guys think will be the next craze in the industry?
Hopefully a craze to use P2P platforms and get their bitcoins off exchanges. And, we get to see Lightening Network become more popular and adopted.
1476  Economy / Reputation / Re: Is Satoshi a Russian? on: November 29, 2022, 08:02:10 PM
This has made me think that Satoshi is a Russian. I said so because I am a Nigerian. If I am able to develop something like because, I will bring my people in to take early spot and they will also support me when necessary.
Satoshi needed to be covert with his activities as privacy was very high in his priority. Introducing people from your country to the new technology and to such a large extent that it becomes the most populate local board in the forum created for that technology would surely not help you to stay anonymous or private.

There is no other evidence apart from what I presented above which is not concrete. If I am not correct can somebody explain to me why there are many Russians in the forum?
Possible reasons;
• They have a strong interest in Bitcoin,
• They have a connected local community which encourages users to identify as Russians,
• They had an early interest in Bitcoin technology, etcetera.
1477  Other / Beginners & Help / Re: Bringing it back to your ears: Not your keys, not your coins on: November 29, 2022, 07:42:19 PM
Noted, I am very much aware of all these crypto wallet / centralized exchanges warning but my goal now is a Decentralized trading platform that works just like a centralised exchange, a crypto trader still have no choice but to use cex for trading and this will make them to send their BTC to CEX.
The major reason why DEX is not favoured by many is cause most have low liquidity when compared with bugger centralized exchanges, and this is a result of most users opting to use such centralized exchanges, boosting the userbase and its liquidity.

Having more people shift to decentralized platforms would make then more profitable to operate and run and also make them more attractive to other traders.
1478  Other / Beginners & Help / Re: Missing Board (s) on: November 29, 2022, 06:10:13 PM
After my registration I forgot my login details, but today I was lucky to to recover the details.
You should consider signing a signature to a Bitcoin address which you've posted on the forum, and stake that address here.
This would help you should you lose access to your account a any time in the future.

When I login, and I saw my home page is different from my uncle's interface. There are some things that I saw in my uncle's own does not appear on my own. My home page starts from Economics but others start from Bitcoin discussion.
As mentioned above, it could be that you have some boards on ignore or have played around with some features which made the other boards not visible.
1479  Bitcoin / Bitcoin Discussion / Re: Teaching Bitcoin To My Friends| You're invited too (Online class) part 2 on: November 28, 2022, 09:44:44 PM
Most of yh active forum users (barring the spammers and bounty hunters), would have a decent understanding of Bitcoin and how it works to not need a regular off forum meeting to improve on their knowledge. And the few who do are welcome to interact here and learn more from the more experienced users; the entire purpose of the forum.

Your idea is surely a good one and would be greatly helpful to your friends who need Al the expert guidance they can get as they get their feet wet in Bitcoin, but you might not get a substantial amount of users here willing to join in.

Good luck anyways.
1480  Economy / Speculation / Re: Bitcoin cycles, this is the cyclical minimum on: November 28, 2022, 09:39:26 PM
It seems to me that to say that bitcoin is now at the bottom is just as likely as bitcoin to hit its bottom around 5k. In
While anything is possible in the Bitcoin market, one can also draw assumptions from previous patterns and use that to try and predict what could happen in the future. While the ATH has been progressively increasing with each market cycle, from below $1k to as high as $20k and most recently almost at $70k, that's the same way the bottoms we've been experiencing has also been progressively increasing as well, from below $1k to $3k an now above $10k. I would be greatly surprised if the bottom goes below the 10 grand mark.

No one knows how the price will behave or what else might happen in the industry. It seems to me that the chain of events such as LUNA crash or FTX scam is not over yet and we may see something worse, like Michael Saylor crash or something like that.
The more these scenarios occur, the more the market adjusts to it and becomes more resistant.
Pages: « 1 ... 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 [74] 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 ... 292 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!