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1501  Bitcoin / Bitcoin Discussion / Re: Former P&O Cruise Ship now named 'Satoshi' on: October 14, 2020, 04:38:48 PM
A few clueless noobs don't have any idea what they are talking about.
Elwar https://bitcointalk.org/index.php?action=profile;u=554 is a truly respected forum contributor and bitcoin early adopter who deserves a bit of respect. He's clearly putting his money where his mouth is since he is fighting hard to gain his financial sovereignty and freedom.
I can't de-merit you, otherwise I would.
1502  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 14, 2020, 12:26:01 PM
@ivomm
At the end of the day, when looking at all the buying frenzy from publicly traded companies, I think what really matters is the fact that there are less and less available bitcoin on the market. I believe proudhon can confirm that:
Supply Decrease: price increases, quantity decreases


1503  Economy / Gambling / Re: ⭐ BTCGOSU ⭐ Your Trusted Guide to the Best Bitcoin Casinos ⭐ on: October 14, 2020, 09:37:44 AM
Excellent! I have just seen you are constantly adding the KYC info on the various casinos overview. It really makes a difference to have that sort of info straight on top. Now it will be a bit hard to find another good add, I guess you have almost everything!  Grin
1504  Economy / Economics / Re: Bitcoin Treasuries on: October 14, 2020, 08:16:59 AM
I couldn't find anything on the forum about the following hence I am posting this her which is the closest topic. So now shareholders in the company MicroStrategy have inderect bitcoin exposure. And seeing the entities behind it, this is getting huge.
https://research.arcane.no/news/the-norwegian-oil-fund-now-owns-almost-600-bitcoins
https://www.crypto-news-flash.com/norway-blackrock-and-vanguard-group-own-over-10000-bitcoin/

(if not relevant delete it)
1505  Other / Beginners & Help / Re: Dust Attack, what it is, why it is dangerous and how to prevent falling to it on: October 14, 2020, 08:12:03 AM
Why don't you consider UTXO's with dust txs dangerous?
I am lucky enough to have had only one previous UTXO with quite a large amount under a spam/dust attack. When I saw that I marked that specific dust UTXO as do not spend.
Ok, we can't avoid being tagged by dust as we speak but I'd rather prefer freezing them as soon as I realize it.
Better to take one hit and leave a scar, than to fight the battle and possibly losing a war in the long run. Put it differently, to me tagging received dust is like eliminating damage sources which are not under my control (who knows one day that leaving the dust behind can completely nullify my opsec?).
1506  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 14, 2020, 07:14:59 AM
come on boys it's been posted twice now shouldn't we jumping up and down again another company sank 115 million into btc and no one seems to give two shits you'd rather talk about quantum greek jews or something i mean perhaps this is the new normal i don't know but i think it's something

Agreed.  And I hope it *IS* the new normal.

This is where I think we are on the bitcoin adoption curve:



The question is will price follow a similar trajectory?

Man, I hope so.
Can't merit you cAPSLOCK but, trust me, this is the most brilliant adoption curve analysis I have seen in ages. And the fact that's confirmed by math and science further supports it. Grin Grin Grin

By the way, here comes my first haiku. Be kind.

Financial hyenas
First buy our assets,
Then ask for the moon.
#haiku 1
1507  Bitcoin / Bitcoin Wallet for Android / Re: What is the best bitcoin wallet on: October 14, 2020, 06:59:30 AM
Coinbase isn't the best choice because you don't have a access over your private keys. That's why like many users I prefer non-custodial solutions such as Coinomi, Atomic, Ownr wallet and etc.
Wrong, your reply would have been correct back then when it was Just the Coinbase web interface and app (a simplified exchange and custodial wallet) and Coinbase Pro, formally GDAX.com (Coinbase's advanced exchange).

I guess due to competition the brought a new product to the market, A wallet that's noncustodial and lets you have control of your seed phrases and private keys but it's only mobile based as of today and close sourced like many other wallets
https://wallet.coinbase.com

Very few are open source like BlueWallet and Electrum
As I already wrote before I personally like BlueWallet but you are not being correct here.
First of all, Bluewallet is a custodial solution (according to https://walletscrutiny.com/android/io.bluewallet.bluewallet/)
Quote
This app was earlier classified as non-custodial but as their main selling point is their “Unfairly cheap and blazing fast transactions on Bitcoin” Lighning Wallet and that wallet is custodial without warning the user about this fact, we have to change our verdict although in summary the verdict remains not verifiable.

On the other hand, Electrum for Android is not open source (yet) but falls into the not reproducible from the source provided.
https://walletscrutiny.com/android/org.electrum.electrum/
Just to clarify, Electrum Desktop is clearly open source.

I suggest you have a look to https://walletscrutiny.com/ to sharpen your axe.


1508  Economy / Economics / Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’ on: October 14, 2020, 06:48:50 AM
Microstrategy added a whole page on their Corporate Website, dedicated to Bitcoin and their investment thesis:

https://www.microstrategy.com/en/bitcoin

It's packed with interviews, papers articles and other documents on their investment and on bitcoin in general.

Definitely worth a read, if you want to consider the reasons why they decided to walk that way.

Today, Peter Mccormack posted a 1 hour 43 minute Podcast (What Bitcoin Did) interview with Saylor, in which (at about minute 25) Mccormack asked Saylor what he thought about funding bitcoin development, and Saylor seemed convinced that funding a developer would be a good idea... so during such interview, Saylor seemed to have decided during that his company would be funding a bitcoin developer in the near future... a good interview overall.. with a bit of breaking news, at the same time.    Wink
Yes, JJG! Excellent podcast. I still can't believe this is happening for real. My take is that every sane individual, after having put a bit of time, passion and dedication into bitcoin, can not dismiss it as nerd money. This is the most important technological breakthrough of our lives and, listening to the podcast, I am actually so proud of myself having spent all that time studying bitcoin while everyone around me kept telling me to stop wasting my time.
I went a bit long but the option of funding bitcoin developers reminds me of what is happening to Linux. You still have free, open source Linux distros and applications while big enterprises are making big money thanks to it.
1509  Economy / Speculation / Re: Predict the bitcoin price range as we enter the New Year on: October 13, 2020, 09:51:08 AM
$100 - $10,000 is my best guess.
This is good news coming from you. So you don't expect bitcoin going to zero which is super good! Thanks proudhon.
By the way, my range is that of 18000-20000 simply because it takes a few more publicly traded companies to start accumulating sats and the price can not go any lower if some many coins are out of reach.
And the more coins will be secured in everyone's wallets the higher the price you all know this.
1510  Economy / Gambling / Re: 🔥Sportbook and Casino: BITSLER > $10,000 DAILY Wagering contest < on: October 13, 2020, 09:05:36 AM
I am trying out Bitsler dice, works flawlessly with seuntjie bot too. I have a question when I do autobetting on the platform. When I go to statistics why I see the same stats for overall and current? shouldn't be my current stats related to a new specific session?

EDIT: Okay got it, I needed to manually restart the stats with the recycle-like icon on the right. It wasn't clear at first.
1511  Economy / Gambling / Re: Betnomi.com | Crypto Centric 🏀Sportsbook and 🎲Casino - 🔥Biggest Jackpots on: October 13, 2020, 08:59:14 AM
Don't want to be a pain in the ass but I would like to know the rules before signing up, deposit and play. I have asked about promos and bonus specs a few days back and still can't see any explanation on your website. I see you are also offering personal promos to the first user who contact you via DM. I mean the platform looks great but really it would make a huge difference to know how bonuses can be safely unlocked and used. Thanks  Wink
1512  Economy / Gambling / Re: ⭐ BTCGOSU ⭐ Your Trusted Guide to the Best Bitcoin Casinos ⭐ on: October 13, 2020, 08:46:39 AM
-snip-
There is one "problem" though: Most casinos (only a few exceptions) state in their terms they may ask for kyc under special circumstances - even ones you wouldn't expect that since never reading they enforced it.
This is what I thought while reading the proposal. Maybe it would make sense in your listing to indicate if there are already known cases (for example here in Bitcointalk) where KYC was actually requested. Personally, I don't know of any cases, but I can well imagine that especially when paying out large amounts of money, KYC documents must be submitted - for whatever reason.

If you read the phrase - here, for example, from Duckdice - it might be an easy way to use it to keep the user's funds - eg. for larger payouts - until KYC was performed ... :



... a payout of larger amounts can take quite some time if, for example, BTC must first be transferred from the cold wallet to the hot wallet of the casino.
I agree. The whole point of my proposal is that the player should be warned from the start (and before ever depositing any money). The very sole mention of KYC/AML on a site's Terms and Conditions should warn the player to carefully read those terms. Since GOSU main goal is an informative one I believe that simply pointing out whether there is or not some sort of policy related to KYC/AML is enough.
1513  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 13, 2020, 08:40:39 AM
https://news.bitcoin.com/crypto-cruise-ship-satoshi/
I guess we knew it already on the Wall Observer.
Sorry for the media outlet posted, that's where I found it.

Always on the WO first, don't forget.

EDIT:The following is thanks to fillippone since I was in a rush and couldn't find it myself

Quote from: fillippone
1514  Economy / Economics / Re: Fidelity President Files For New Bitcoin Fund on: October 13, 2020, 08:31:37 AM
If those are the numbers: where are they buying? On Huobi?
Lol I wouldn’t say such an institution as big as that and also in the US will be making use of Huobi. If they are to be making use of any of the Exchanges we know it’s probably going to be Coinbase or Bakkt.

Why I said Coinbase is because Coinbase is a regulated cryptocurrency exchange and is also like one of the biggest exchanges in the world (if not the biggest), and also in the US. Then as for Bakkt, we all already know that is the purpose it was created for, I wouldn’t be surprised if that’s what they are using.

Of course there was sarcasm in the above statement of mine.
Any institution willing to have a chance to pass any even more remotely bland KYC/AML requirement will have to head to well regulated, legacy exchange.

I think the recent action against BitMex is going to reinforce that, shifting the weight toward more traditional, law-abiding, exchanges.

That was inevitable: I guess it is the double-edged sword which is upon the bitcoin future. On one side you will always have the libertarian bitcoin world which will stick to the (merkle) roots for as long as possible. On the other side you have financial incumbents and institutions that were not able to destroy bitcoin (it's impossible) but slowly preferred to blend in and get a piece of the cake. This second world based on KYC/AML, FATF guidelines and such will only talk to those vetted exchanges and institution.
My question is can these worlds live together or there will be a major clash at some point? This question is making me mad.
1515  Economy / Reputation / Re: How Get-Paid.com can promote the faucets which contains 100% scam ads? on: October 13, 2020, 08:22:42 AM
Exactly, we can't do much more than allow people, and especially bitcoin beginners and newbies, to grow their awareness on the subject. Our forum is a super informative knowledge-base for those who really want to start from scratch and learn the basics of bitcoin avoiding to get ripped off by some bitconnect, HYIP, faucet shady business, cloud mining etc. I guess we should also be more effective as soon as we spot any scammy/shady website which want to leverage those who are not familiar with our world. For us it's easy to say this because we have seen a lot of shit during the years but I greatly think that starting a journey in crypto today is very much full of dangers.
1516  Other / Archival / Re: [ANN] Anonymixer - the Anonymous Bitcoin Mixer on: October 13, 2020, 07:51:04 AM
Interesting comment anonymixer. As of today I got almost 95% of my coins under strict coin control. Nonetheless I am studying what could be the best options to keep my privacy and avoid blockchain analysis as I believe in the not so distant future LN and such will be more ready to be used on a daily basis. Either way, what can be done with your service looks good and I will try it eventually.
I'm glad you will be adding references not only for Wasabi, as there are more ways of producing toxic waste.  Wink
I'll see you around (sorry can't merit, I am out, will keep some for you)
1517  Other / Archival / Re: [ANN] Anonymixer - the Anonymous Bitcoin Mixer on: October 12, 2020, 02:50:18 PM
Hi Everyone,

It's been a while since the last post.

The /]Anonymixer website front page has been revamped, bells and whistles have been added. Any feedback is most welcome.

Plenty of bugs have been fixed. Thank you to everyone who has used Anonymixer so far!


I guess the things I like the most are no JS, being mobile friendly, no CDN, no HTTP and of course TOR Support. I have a question regarding Wasabi toxic waste: could the same be done with the doxxic change coming from Whirlpool (Samourai Wallet)?
1518  Economy / Reputation / Re: How Get-Paid.com can promote the faucets which contains 100% scam ads? on: October 12, 2020, 02:20:38 PM
Today is very common to read the statement "If it's free then you are the product". This applies basically to everything on the Internet. Scams have always been around: when there was no Internet they came by the old fashioned mail (a letter from some of your forgotten relatives who died leaving you a fortune but not before you would send some money in an envelop to Dr. Lucius Lawyer & co. is a classic).
Back to faucets and threats online I have a few tips which have been working very well so far:
  • Make sure you are protected at DNS level (this way most of malicious sites will be blocked before even connecting, I suggest Cloudflare, OpenDNS, DNS Watch, etc.)
  • Make sure you browse the web either via TOR/VPN or with a full protected browser with no scripts, ads and such
  • Don't spend time on faucets  Wink
1519  Bitcoin / Bitcoin Discussion / Re: Bitfinex hackers move another $30million on: October 12, 2020, 09:24:14 AM
Mixing over a very long period of time and cashing out/laundering over similarly long periods of time is the only way they could maybe get away with it.
Or they could spend millions in gift cards  Grin
Jokes aside, over the long run the more moves they make the higher the chances they will make even the smallest mistake that eventually will allow forensic experts to trace them back from the start. Don't you think?
1520  Bitcoin / Bitcoin Discussion / Re: Bitfinex hackers move another $30million on: October 12, 2020, 09:10:23 AM
The real news is to know that they still have access to the wallet. This is the most worrying. Trying to understand what strategies they could use is a curiosity I have. What would be the next steps? The main thing is to use it in a way that doesn't bring connections, so they can't buy anything directly. Would they probably use a mixer or an exchange?
Only a super shady exchange would ever accept stolen funds so I think that's not an option. They clearly have lots of tools to obfuscate their trails (wasabi, mixers, samourai, payjoins, coinjoins, blockchain hopping etc.) but they will have to be very smart on their moves.
One thing I am certain of: they can't cash out from exchanges especially after all the travel rule, FAFT recommendations and such.
On a scientific point of view this will be interesting to watch.
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