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1461  Other / Meta / Re: I Made Bitcoin Core Hardening Tutorial - Admin Deleted The Thread After 2 Days on: September 29, 2023, 01:46:11 PM
Your topic was probably deleted by one of the moderators because it was on the report list, which means that some user reported it. Only he can tell you exactly on what basis he did it, but I believe there is a good reason for such a thing.

Besides, if you have already done something useful that could be of help to the community, why did you have to put a price on it? Many members do a lot of useful things for the forum and do not ask for any compensation for it, but that does not mean that they do not receive an occasional donation for their work, which is a win-win situation for both parties.
1462  Bitcoin / Bitcoin Discussion / Re: Bullish Adoption Curve for Bitcoin. on: September 29, 2023, 01:15:35 PM
The projection is Bitcoin will get 1 billion users within half of a time which was needed for Internet to get that milestone.
~snip~

I would call it just one kind of optimism under the question mark as to how realistic something like that is at all. Comparing Bitcoin with the internet or gold doesn't make much sense to me personally, because gold is something that has been an integral part of human history for thousands of years and people have always seen it as something valuable, of course in the last hundred or more years much more than before.

The internet, on the other hand, is something that enables people to communicate, perform various tasks, have fun, among other things, and is actually emerging as one of the basic human needs nowadays.

Let's ask ourselves where is Bitcoin in that story? From 2009 to today, research shows that somewhere around 2% of people globally own Bitcoin, which brings us to some 150 million people (although I think that number is much lower). Therefore, we are still quite far from a billion, and the process of "adaptation" within the framework of decentralization is going very slowly, considering that the authorities generally have a negative attitude towards Bitcoin because it represents nothing but competition to them.

What I want to say is that the internet is a completely different story and is no longer (if it ever was) an alternative, but it is considered that everyone should have access to it - and such an initiative has never existed when it comes to Bitcoin, and I don't believe that will ever exist.
1463  Bitcoin / Legal / Re: SEC Request impossible ---- Do Kwon's lawyers say on: September 29, 2023, 12:42:05 PM
~snip~
This brings me to wonder what people see in these half baked projects that make them invest so much? Is that they don't make their research before hand?

A question for you - why are you opening a new topic when we already have a topic for Do Kwon? -> https://bitcointalk.org/index.php?topic=5446051.0

Human stupidity is endless, and greed and the desire for quick profit are the ideal basis for all scammers who sell their junk for billions. Furthermore, what's the point of research if you don't understand the basics, and the fact is that this idea was doomed from the start.

As for extradition, I would definitely like that scammer to end up in the US because he will receive a much more appropriate punishment there than in South Korea. Now the only question is how much the US wants that criminal, that is, what counter-favor will the Montenegrins demand for his extradition.
1464  Other / Beginners & Help / Re: Plz help trust wallet haked on: September 29, 2023, 10:51:31 AM
What can go wrong when you invest in some shitcoins, keep them in your mobile wallet and at the same time search on social networks how to get even more of those same shitcoins without doing anything? In addition (even if the story is true) the OP and his brother obviously don't even know the basics, because how else to interpret asking for help in this way - none of us can return what was hacked, nor can we go to the police and report a case with which we have nothing to do with.



~snip~
I really sympathise with OP for the loss, please suicide is not an option and I really trust you can work out other means there's always hope for the living

The damage is somewhere around $6000 if I calculated correctly based on the price of the tokens and it is not an amount for which someone should take their own life - although I understand that this amount is a real fortune in some countries.

I don't even know how many times I have already written that people should first be fully aware of what they are investing in and how to protect their digital assets, and only then engage in the investment. Any other way is simply wrong.
1465  Bitcoin / Bitcoin Discussion / Re: Cashing Out Thousands of Bitcoin on: September 29, 2023, 10:26:37 AM
Curiosity. Also, I own a good portfolio of cryptocurrencies that may be worth a lot more in the future. I seriously doubt it will reach 130 million, but even if it reaches a fraction of that, it's good to know how to liquidate some of it.

If you are referring to altcoins, then you should know that their value only goes down with time in most cases, and most of them even fail completely. However, some will certainly be worth much more than they are worth today, but such an investment is actually in a way gambling - the only question is how much money you have that you are ready to throw into such a game.

As I already wrote, how to "spend" cryptocurrencies in one way or another is a much smaller problem for me, and you should focus more on how to prevent someone else from spending them instead of you, if you understand what I mean Wink



I also recommend that you read the unofficial rules of the forum - especially rule 32.
1466  Economy / Exchanges / Re: Binance exits Russia on: September 28, 2023, 02:06:26 PM
Whatever that company is doing, I am pretty sure that what they present publicly has its other side as well. Apparently, for more than a year and a half, they balanced between "we do not support Russia and its moves" and "everyone has the right to use our services", and now they have played a completely different game that will allow them, as some would say, "the wolf will be fed up, and the goat uneaten".

In addition, no one should think that the sanctions have anything to do with their move, because hundreds of well-known companies are still operating in Russia and no one can force them to leave that country. Perhaps it would be good if you read the article and you will see that more or less all of us continue to finance the same war that we are against in principle.

https://fortune.com/2023/07/11/the-feckless-400-these-companies-are-still-doing-business-in-russia-funding-putins-war-sonnenfeld-tian/
1467  Bitcoin / Bitcoin Discussion / Re: Cashing Out Thousands of Bitcoin on: September 28, 2023, 01:37:18 PM
~snip~
No snarky answers, please. The above are only hypothetical examples. I don't own 5000 Bitcoin. Not even remotely close.

Then why the question at all? Every country has its own laws, so if you acquired that Bitcoin in a legal way, then you don't have to worry about anything, including taxes, banks or exchange offices.

In case I have such a large amount of BTC, I would never sell it in a way to cause a lot of attention, but I would do it in a way to try to negotiate the sale with to some of the CEXs that I would then visit in person and sell through their OTC. Before that, I would open bank accounts in some reputable banks in Switzerland, where I would also rent safes and store some of the cash in them.

In fact, there are countless possibilities and it is true that it is not a problem to sell that much BTC even if you don't want to go directly through CEX, but for most it will never be a "problem" because they will not even have 10 BTC, let alone the thousands that we are talking about hypothetically here.

Besides, why sell everything when there are so many ways to use Bitcoin as a currency around the world - booking hotels, buying plane tickets, paying in restaurants and on thousands of online sites that sell various goods and services.
1468  Economy / Scam Accusations / Re: please help me? on: September 28, 2023, 12:44:53 PM
The mods should lock this thread or delete it, because I'm 99.99% sure OP isn't going to come back to it. 
~snip~

The mods will not do anything by themselves, that is, you have to use the "report to moderator" button to expect any reaction. If the mods acted the way you think, they could delete or lock dozens of similar topics in which the OP asks a question and never appears on the forum again. This is not at all strange behavior if we take into account much more experienced users who open a topic and after that do not write a single post in the same one.
1469  Bitcoin / Bitcoin Discussion / Re: What will you do if your country did not legalize cryptocurrency? on: September 28, 2023, 10:40:17 AM
It's pretty simple op. VPNs! Don't use free VPNs. Instead, subscribe to a high quality paid VPN service which will help you stay anonymous online and dabble with all cryptocurrencies without any issues.

VPNs only provide the illusion of online anonymity, whether they are free or require a subscription, the fact is that they keep logs and will give away your real IP address if they receive a request from the authorities.

TOR is another useful alternative in my opinion. World governments cannot stop BTC no matter how hard they try and they know it.

TOR is useful and a good way for online privacy, but it is far from the fact that users of the same can completely hide if they do something very bad - considering that there are those who have the resources to identify those who use TOR. In addition, some repressive regimes such as the Chinese one can block TOR, although even then with some additional actions it may be possible to use the same.
1470  Economy / Scam Accusations / Re: please help me? on: September 28, 2023, 10:11:56 AM
Yeah, all of those are possible. Maybe there will be someone who's gonna react that he's the real one but we highly doubt that as these scammers really are not going to show to the public that they are scammers. Anyway, OP seems to be busy but I think he's aware of the replies here that no one will be able to find out who's the owner of that address but then I suggested him that the funds were all sent to Binance and he can ask if the exchange to cooperate with him.

We can't say for sure if the OP is serious or just playing a well-known game, but non-response and inactivity are never a good sign that the story is true. Also, not providing more details about how the scam was carried out may indicate that the OP is not skilled enough to create a more convincing story.

As for CEX being able to do something, that is true, but the OP would have to prove that the funds are really his, and the question is whether he has control over the address he stated or that address perhaps in the possession of another CEX or online wallet where there is no possibility to sign the message.
1471  Economy / Economics / Re: Chase Bank New Policy On Crypto - Users Beware !!! on: September 28, 2023, 09:57:52 AM
@coolcoinz, thanks for the link that the OP didn't post, and now some things are much clearer considering that it's about the UK. It is evident from the article that it is not the first bank to make such a move, although some banks have only limited the amounts that clients can spend on a daily or monthly basis when it comes to cryptocurrencies.

I already wrote before that I can understand why banks decide to take such steps, because no matter how bad I think about banks, the fact is that a very large number of people invest in various scam projects, and then complain to the banks and try to return the money. Therefore, sometimes it makes sense to protect people from themselves, although I would do it in a different way.

I think that banks should educate their customers on this matter, and with every transaction that they consider to include cryptocurrencies there should be an additional warning about the risk that may arise from such a transaction. Of course, it is much easier to ban everyone from such transactions, but not everyone is equally naive and should be able to dispose of their money without restrictions.
1472  Economy / Economics / Re: Chase Bank New Policy On Crypto - Users Beware !!! on: September 27, 2023, 01:58:55 PM
~snip~
As long as people don't use banks anymore, they will bankrupt.

If only it were that simple, but in most developed countries everyone who is employed and receives a salary or pension must have a bank account. Besides, how will you get a loan if you don't have a bank account? Here, where I live, I guess 90% of people have some kind of loan from the bank, whether it's because they bought a house, an apartment or a car that way.

Banks will not disappear just like that, because regardless of the existence of Bitcoin, it is still only one alternative that has been accepted by very few people if we take into account global data.



As for the policies of banks towards clients who invest in cryptocurrencies, this is nothing new, because not all banks are equal when it comes to this - and we have already seen many times that they often know to change their rules. If we just look back and remember Jamie Dimon and his views on Bitcoin, then it is clear that these are very fickle people who think one thing today and another tomorrow.

But as already mentioned, it is possible that they are just playing a double game and trying to scare their clients and cause a price drop - although I doubt that they will succeed.
1473  Economy / Scam Accusations / Re: please help me? on: September 27, 2023, 01:38:22 PM
How did you know the owner of that address is here on the forum?
~snip~

Can't find that address from the forum so how can you be sure that he's from here?
~snip~

I think there are three possible options why the OP is publicly asking for something like this on the forum.

  • The first option is that for some reason he thinks that all people who have something to do with Bitcoin have an account on this forum.
  • Another option is that the scammer may have mentioned this forum to him or that he has an account here.
  • The third option is that the OP is just trying to catch someone naive and play the victim, to whom someone will take pity and send a donation.

Whatever it is, I'm sure that neither the scammer will show mercy, nor will anyone be so naive as to send a donation.
1474  Bitcoin / Hardware wallets / Re: safepal or ellipal titan mini on: September 27, 2023, 01:05:04 PM
Why not buy two cheapest hardware wallets, and generating a multi-signature wallets using electrum software? A ledger nano s plus + a trezor one = 150 $, it is cheaper than a passport. Or a trezor one + OneKey Mini. They are cheaper, and more safer than a single passport.

The first reason that comes to my mind is that what you propose is still a bit too complicated for the average user, because for some even using only one HW is a challenge. Furthermore, with everything going on around Ledger, do you think it's even wise to advise someone to trust that company?

When it comes to hardware wallets, many will agree that the Passport is one of the best airgapped devices that can be bought at the moment, and for someone who has enough BTC that he wants to keep in a safe way, that $200 or $250 is not something that should be considered expensive or bad investment.

However, anyone can make an airgapped device from an old smartphone or computer, which costs practically nothing if such a device is collecting dust somewhere.
1475  Bitcoin / Bitcoin Discussion / Re: What will you do if your country did not legalize cryptocurrency? on: September 27, 2023, 11:04:48 AM
~snip~
Yet in some countries it is completely illegal. What will you do if you are a fan of bitcoin but your country did not legalize cryptocurrency?


Bitcoin does not need to be legalized in such a way that some country recognizes it, because it is designed precisely in such a way to allow anyone to own and use it, regardless of what a country, its prime minister or president thinks about it. It is true that there are some countries that have banned Bitcoin, as well as the fact that those same countries also ban many other things that allow people to live freely.

Therefore, I think that for the people who live in these countries there are much bigger problems than Bitcoin being banned, and anyone who wants to have Bitcoin has to take a risk and break the law, or think about whether it's time to move to another country that doesn't have politicians who they behave in such a restrictive way.
1476  Economy / Reputation / Re: Missing opportunity on: September 27, 2023, 10:48:30 AM
I can understand that such an account created back in 2011 has some kind of sentimental value, but it would have even more if it generated some kind of value in terms of posts that don't actually exist. Will such an old account mean something special even if it manages to rank?

Maybe it will be the case for some who will consider it as proof that the OP is one of those early users of the forum, but I think that in this particular case the date of account creation does not have much to do with what will happen with this account in the future.
1477  Other / Meta / Re: best replies should appear first in a thread. on: September 27, 2023, 10:35:54 AM
I have this habit of reading through many replies to a thread before I will respond. At the course of reading through few pages of a thread before replying, I discovered that;

It's a good habit and it makes sense because in this way you avoid that in your post (if you're going to write it) you won't repeat what others have already written before you.

  • The earliest replies get more attention and earn more merit
  • Some of the replies from pages 3 upwards are repetition of what others said in pages 1 and 2.

That's just proof that few members read more than the first to a maximum of 3 pages of a topic, and then what about topics that are meaningless in themselves and have 10 or more than 15 pages each and serve as spam megathreads for sig campaign spammers.

From time to time, some members appear who wonder how it is that they can never get merits, and they don't realize that their posts are buried under a pile of garbage and that probably no one has even read them.

  • I also understood that some of the quality contributors sometimes arrive late and their replies get buried easily
I therefore propose that, if possible, the arrangement of replies to a thread should be based on the number of merits that reply earned in that very thread. This will tend to sort the quality replies to appear in the first page no matter what time it was made.
~snip~

What you imagine is perhaps technically feasible, but as others have already mentioned, we cannot always rely on merits as something that defines whether a post is of better quality than another in the same topic. I often notice that some members favor certain members when it comes to merits, regardless of the fact that someone else has written an equally good or maybe even better post.

Such a way of sorting posts would theoretically allow some 10-20 members to be at the top in each topic, which would mean even more merit for them, and even less opportunity for those who really need merit to reach the next rank.
1478  Bitcoin / Legal / Re: Legal Action Against Ben Armstrong on: September 26, 2023, 02:20:17 PM
If nothing else, he became the news of the day, although many people wonder who this man is and why he deserves so much attention. I have read his name a couple of times over the years on the forum, but I never got the impression that he was someone important, but just some "so-called expert" or as they call him, a crypto influencer who of course has his own token.

Is Ben perhaps related to the much more famous Brian Armstrong (Coinbase CEO)? Probably not, but it seems that the Armstrongs are very fond of cryptocurrencies and luxurious living Smiley
1479  Economy / Economics / Re: How do you deal with financial stress? on: September 26, 2023, 01:50:54 PM
Public transport is done by busses, which I not only find inconvenient, but also cost €1 to €2 per trip, which would ultimately cost more than using my motorcycle. I'm planning to commute by bike too, providing that I have enough space to store my two bicycles.

Is it possible to buy a monthly or maybe an annual ticket? I know that mostly children in my country who travel by bus to school drive like this, but I don't think it is limited only to them. An ordinary bicycle does not take up much space, and it can be hung on the wall very easily, especially if it is a model made of very light materials.

Other EU countries have way more expensive rents, however, the supermarkets or petrol isn't as expensive from what I've observed, or at least, at similar levels. And indeed, the issue isn't that they're taking someone else's jobs, even if that statement was true, it's not my issue since I'd supposedly look for something that requires a degree, due to my education. The main concern is that whole parts of cities have become ghettos and are suffering tremendously. Sweden used to be one of the safest countries, well, not anymore. Poland on the other hand, which I visited in 2021, doesn't have a immigrant-friendly policy, is one of the safest.

If memory serves me correctly, you live on an island, and that only makes life more expensive - I know this because my country also has a lot of islands, and everything is more expensive there than on the mainland. Just today I read an article that an employer offers a salary of up to 11 000 EUR for the position of a waiter in Germany, where there is a shortage of such workers.

I can only tell you that until maybe 1-2 years ago, I could go out on the street at any time of the night without fear, and today I no longer feel safe, considering that some of the people who came as cheap labor are already starting to show their inclination violence and religious intolerance.

Military enlisting is mandatory for up to 9 to 12 months in Greece (unpaid), which is the reason I'm out of the job market now. I've considered it but I generally don't like the whole concept of the army. On top of that, entering isn't as good as it might look. Salaries aren't anything special nor do they provide housing etc. It only secures that you'll have a job, which for the first few years will only pay an above average wage.

Look, I was also in the army at one time, so although I consider most of that time wasted because I didn't do anything useful, I still learned something and know how to handle various types of weapons, which can always come in handy considering who my neighbors are, right? Unfortunately, mandatory military service was abolished a long time ago and today's young people do not have any knowledge of skills that would be of help in case they need it.
1480  Bitcoin / Bitcoin Discussion / Re: How to keep safe the mnemonic phrase - Whats Your method? on: September 26, 2023, 01:10:18 PM
~snip~
->Writing and keeping it with you/your place: What if someone got the access in your absence of theft or any disaster?

If you want to protect yourself from thieves, then you need to further complicate the situation in case such a theft happens, and I would suggest that you do two things.

The first is that the seed is hidden in an unusual place, which means that it will not be in a drawer on a sheet of paper, in a box with Christmas decorations or in a safe (if you have one at all). So turn on your imagination and think outside the box.

If you don't like the first proposal, you can additionally protect seed by setting a passphrase, and you will keep it separate from the seed, of course even better without any indication that it is about something related to cryptocurrencies. Even if thieves steal your seed, without a passphrase they will not be able to generate your coin addresses, and you will be able to safely transfer your coins to a new wallet.

As for natural disasters, there's no point in writing about it again, you got a link to a thread where we discussed it.
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