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1621  Economy / Speculation / Re: Michael Saylor predicts Bitcoin can go to $5 million? on: September 13, 2023, 03:39:55 PM
Whether it is fake news or legit doesn't make any difference because it is a random statement by a "random" person not a prediction or even a half decent speculation. Everyone knows that bitcoin price will go on and will surpass a million eventually specially as fiat keeps dumping but the real question that nobody can answer is when.
1622  Economy / Speculation / Re: Key Accelerators to bitcoin bull market on: September 13, 2023, 01:41:45 PM
5.REGULATIONS: Favourable regulations that supports Bitcoin fairly should be accepted, yes the crowd and the  people finds the control/power of the government tiring, but then this would be a good  push.
United States  should make Good regulations, for  they are far behind unlike Europeans who are doing better at this.
Realistically these regulations have always ended up meaning more restrictions and KYC and they harm adoption more than they can help it. After all governments look for more control, specially those addicted to power and surveillance.

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6.US/ARGENTINE  PRESIDENTIAL ELECTION: They might be out for themselves but what they do with bitcoin politically during campaigns and after campaigns can cause increase  since they are positive new bitcoin supporters.
It's effects are negligible. We had the last US Election where people thought the same way specially since some people were hyping it up back then and it had no effects on the market whatsoever.
1623  Bitcoin / Bitcoin Discussion / Re: Bitcoin in your country. on: September 13, 2023, 01:29:31 PM
For other bitcoin friendly countries like Netherlands, Slovania, Switzerland and many of them. If people are from these countries, this thread can be helpful to let us know the level bitcoin is accepted in these bitcoin friendly countries. But I think tourists will spend bitcoin easily in countries that has been made as legal tender. The third for tourists is an island in Honduras where bitcoin is also a legal tender.
Whether or not people can spend bitcoin in any country depends on the level of adoption specially in countries where they are just "bitcoin friendly", you may not see that many places where they accept bitcoin payments. Things are only a little different where bitcoin is legal tender, many still don't have any clue how to accept it and the few who do are going through a lot of centralization.
1624  Bitcoin / Wallet software / Re: Help identifying old wallet by weird seed phrase on: September 13, 2023, 01:10:21 PM
After whole lot of googling I encountered this wordlist, and all the words appear there http://rabbit.eng.miami.edu/dics/amerlen/length07.txt Several of the words are not even proper english words, but do appear on that list and nowhere else relevant.
Considering how it seems like they've generated these "words" using random sequence of letters, it is possible that what you have is not a seed phrase but some customized encoding with random letters split into 7 letter chunks that look like words.
Does that ring a bell?
Apparently these files were made just by collecting all the alphabetical sequences that appear in a number of text files
1625  Economy / Economics / Re: BRICS has become eleven countries instead of five. on: September 12, 2023, 02:46:28 PM
A crypto solution would give away that edge.
If a country sends Ripple's currency or token it won't go over SWIFT.
This involves a bunch of problems. The most notable ones are volatility and control.
If anything decentralized like bitcoin or centralized like XRP or any other altcoin is used, all trades will be affected by their volatile price that stems from their small markets that can be manipulated (even more for altcoins).
If the technology is taken and a separate new network is created (like using Ripple not XRP) then it still suffers from the shortcomings of the blockchain technology that will show itself a lot more when it is centralized. In other words there is no reason to do it when they can just create a SWIFT like system!

IRAN is doing it successfully although they don't use ripple, being an US company they most probably made up something else.
I don't know what you mean by "a US company", maybe a typo? but regarding what Iran uses, there are a bunch of things. Most notable ones are gold, mutual currencies and alternatives of SWIFT, and last but not least bitcoin specially since over the past couple of years mining has been growing in Iran.
AFAIK there are no other cryptocurrencies used for trades even the Digital Rial project is still not fully operational.

As all Ripple Transactions are not running under the radar, meaning not visible for the US, they can do as they plan and it'll not be out in the open.
To be clear the point is not to be "under the radar", the point is to remove United States control over your money so that they can no longer steal it at any time and for any reason.
In fact in this context, this movement is very similar to bitcoin. Bitcoin transactions are not "under the radar", instead they are out there for the whole world to see but no central authority can censor them. This is why bitcoin was created and is used, and similarly will be why the alternative to SWIFT will be created.
1626  Bitcoin / Development & Technical Discussion / Re: [INFO - DISCUSSION] Pay-to-script-hash (P2SH) (BIP13) on: September 12, 2023, 02:10:31 PM
BIP-16 (Pay to Script Hash) was the first time complexity was added into the simple FORTH like Bitcoin script system. Before BIP16 you'd just read each "command" from left to right and execute them using a stack. After BIP16 you first have to analyze the output-script to see if it matches the predefined patterns which will then tell you if you need to take "extra steps" before doing what you were doing before.
Today more complexity is added, for example if the output-script matches the OP_N <data> pattern, the code has to execute the branch related to SegWit where some OP codes like OP_CHECKSIG are acting differently.
1627  Bitcoin / Project Development / Re: WalletHash - Extract Bitcoin Wallet Encryption Password Hash on: September 12, 2023, 11:43:47 AM
You should post these things in Project Development board (there is a move topic button at the bottom of the page).
Also you should try to target the newer .net versions such as .net 6 (LTS version) or .net 7 (latest release) so that the project is not limited to Windows and can run multi platform. Not to mention that .net 4.8 is somewhat ancient at this point.
1628  Bitcoin / Bitcoin Technical Support / Re: What advantages exist when generating hardened child keys from unharden? on: September 12, 2023, 09:40:40 AM
Yes, Isolation of funds. In case if attacker has access to the extended public keys and one of the private keys derived from it still the remaining funds from the main source will be secure so this is practically useful when accepting payments online stores so that you can avoid losing all your funds if they are hacked.
I do not think it is useful this way. While paying online, people can only see the bitcoin address. The private key can not be leaked. When problem can occur is if one of the private keys is leaked and the master public key is also known. All other private keys can be derived from unhardened child private key and master public key. Although, no one will want to be careless with his child private keys and master public keys, but the hardened derivational path makes accessing other child private keys and the master private keys impossible if possible something like that would occur.
It may work in a certain scenario when using one seed for different coins. If you derive their child master keys at non-hardened paths and the coin protocol or the implementation of it is broken and leaks your child private key (broken DSA) and master public key (broken/weak communication protocol), then your "other wallets" could be at risk too.
1629  Bitcoin / Bitcoin Discussion / Re: A very strange dust attack or an attempted robbery? on: September 12, 2023, 09:32:13 AM
besides he just copied first 2 and last 4 characters.
Yeah, it's the poor mans scam for sure Cheesy
The scammer probably had a slow machine that couldn't brute force more than 2 from the start and 4 checksum characters. In fact the forth letter was the first thing I noticed that helped me recognize the difference.
1630  Other / Beginners & Help / Re: Friendly note: You might want to be careful of the so-called arbitrage trading on: September 12, 2023, 05:57:36 AM
Arbitrage is part and parcel of the market, it can not be eliminated and it is both good for the system and the exchanges as it will keep the price at an equilibrium in all exchanges and also it can increase the liquidity in the small exchanges that desperately need it.

As for profitability, I've done some arbitrage trading for a while a couple of years back and it can be profitable but the risks make it a very stressful thing to do. The only way I can ever justify it is if there were some automation involved so that you don't waste time trying to execute trades, move coins around, etc. which also decreases the chance of making mistakes.
1631  Bitcoin / Bitcoin Discussion / Re: A very strange dust attack or an attempted robbery? on: September 12, 2023, 04:58:21 AM
-Using a good wallet that lets you block incoming dust transactions is a smart move.
You cannot block incoming tx's into your wallet, in other words you can't stop someone from sending you BTC's.
I believe what @albert0bsd means by "block" is to either "freeze" or "hide" these outputs either manually or automatically so that you don't see them when spending from your wallet to avoid such mistakes. For example Electrum has manual output/coin freezing option.
1632  Bitcoin / Bitcoin Discussion / Re: A very strange dust attack or an attempted robbery? on: September 11, 2023, 05:12:27 PM
This is Address poisoning attack. Not something new.
I had completely forgotten about it, I guess seeing the dust double spent threw me off. There are so many things weird with this particular attacker. This type of attack looks to have a very low success rate as it is, which means decreasing that "window of opportunity" to scam makes no sense. For example I wouldn't have seen this transaction if I had checked my wallet a couple of hours later.

1633  Bitcoin / Bitcoin Discussion / A very strange dust attack or an attempted robbery? on: September 11, 2023, 04:43:10 PM
This looks like a Dusting Attack[1] but in a slightly different and extremely weird way!
The attacker seems to be searching the chain for funded addresses like [2] then uses a "brute force tool" similar to vanity address generators to find an address that looks similar to your address like [3] but they try to be sneaky and search for an address with matching beginning and end. Examples:

1LTaZWnFTAsTqBfkSEShSXEh5VTiWUKQh8 Someone's address holding 2.56BTC
1LTKTBLDQxxf5QvgRFMzuyPMnRUULCKQh8 Attacker's address

1GZ3EfTjHVxLqnKi7yhEGCoffdATJEKeR7 2.49BTC
1GZKQVjY21SAas1tjnibAHHHNF9B8nKeR7 dust

12XqeqZRVkBDgmPLVY4ZC6Y4ruUUEug8Fx 32,321BTC
12XgkRFEdE3oSvy4tzzp8jVtsdMATwg8Fx dust

1FZy7CPFA2UqqQJYUA1cG9KvdDFbSMBJYG 15,739BTC
1FZBQjXH1RhbfpYtA3LoVrzJKqiAWSBJYG dust

Then the attacker sends two dust amounts to these similar looking addresses in the same transaction (eg. 600 sat to you, 600 sat to their own address).

Feel free to share your thoughts on why would someone do something weird like this but my guess is that they hope someone would see the incoming transaction, then try to spend that output and their own coins but copy the attacker's address that looks similar instead of their own and send all their coins there so that the attacker can steal it!

But there are two weird parts involved in this "operation":
1. Usually in this type of attack they rely on the user's greed to rush them into making the mistake and send their coins to the attacker. For example one somewhat similar attack I've seen was to use some shittokens on Omni layer in an address empty of bitcoin and send the key to the user who would then get greedy and funds the key with bitcoin so they can spend the token but before they can do anything the attacker steals their bitcoins.
But there are no tokens involved here as far as I can tell (not even the scamjunk called Ordinals) and the amount they send the user is dust!
2. They didn't even let the dust amount remain in user's wallet. As you can see now, the transaction is already double spent and none of the addresses I shared above (the ones with high balances like 2.56) have the dust any more while the scammer's address holds slightly higher than 2x the dust limit possibly wanting to repeat the attack once again but this time the sender address and the change address and your address all 3 would look similar.

The only reason why I found this is because I received one of these transactions recently and was surprised when I saw the similar addresses in the output. The attacker seems to have given up on trying to scam the big whales though as the first couple of txs in the address are sent to those.

[1] https://bitcoin.stackexchange.com/questions/81508/deanonymizing-dust-attack
[2] https://blockchair.com/bitcoin/address/1LTaZWnFTAsTqBfkSEShSXEh5VTiWUKQh8
[3] https://blockchair.com/bitcoin/address/1LTKTBLDQxxf5QvgRFMzuyPMnRUULCKQh8
[4] bc1qfyftjfs2aufq566mlwldkzgl9v6rxqqg7ta75p
1634  Economy / Economics / Re: On Apple's $200 billion dump and US shooting itself in the foot on: September 10, 2023, 07:23:47 PM
You have shared great news, but I doubt if it is new.
It is a couple of days old but it is new and I wouldn't call it "great news", it's just one of the changes in the current chaotic world. Not to mention that China is not that different from US.

Well, coming back to the losses, I do not really think the US will suffocate from such losses.
Of course not, US economy is too big to "suffocate" from such a small thing. Not to mention that the Apple dump could even be recovered at some point in the near future. But this is becoming a regular thing, like a momentum and these dumps are accumulating in different fields. In other words the case of Apple dump is an example and it shows the high degree of vulnerability that US economy has in facing sanctions.
It's not going to be overnight either, like the dedollarisation. Dollar that once was used in 80-90% of the international trades, it is now barely reaching half of them as countries continue dumping it.

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I always wonder, as a citizen of my country, if we could make some cool innovations that would make us independent of them. But I am not a good developer, and I hope someone else will do it.
There is a popular saying that necessity is mother of invention. As I explained in OP, Chinese companies weren't manufacturing microchips until the were forced to.

I'm simply not surprised by the OP's anti-US tone,
Sorry you didn't like my tone, feel free to read the businessinsider article, it is saying pretty much the same thing.

China has grown nerves now, thanks to their cheap and substandard products and the poverty in the world that makes such products lucrative.
It's not all cheap and substandard. In fact I see Chinese economy as a very genius one that sees the "demand" in the world and creates the appropriate "supply" for it at cheap production cost. The reason why a lot of their products are substandard is because that's what their customers want.
If you check out the population of the biggest trade partners of China (US, South Korea, Japan, Taiwan in descending order of trade size), these countries have large number of middle and lower class citizens who are living hand to mouth and prefer affordable products. So that's what China manufactures.

But that's not all China manufactures, in other fields and products you can find top quality competitive products too. Off the top of my head their car industry which is at this point manufacturing competitive vehicles which some speculate is going to put a lot of big names out of business in the near future.

Nevertheless, what I will agree with you is that the world's order is changing, perhaps I should say, it's trying to change, but can this attempt truly effect the change? That is another question you might not be sincere about yet. I read with surprise how you seemed to give China a Kudos of the 2018 trade war. What I know as a trader myself because I follow it was that the winner of the trade war during Trump's era is the US, and it's obvious.
I didn't give "Kudos to China" and I disagree. That war has not ended yet to call its winner and also to this point there has been no winners. Both sides are still fighting and both sides are hurting in different ways. For example Chinese economy in certain places has gone bankrupt and some private companies were literally swallowed by the government to keep them afloat.
The difference between China and US is that China is fighting US while US is fighting majority of the world.

China has betrayed another relationship and is merely selfish here, a backstabber, and using its economic strength that has not been held for as much as the US does to dominate. This is just an economic sabotage in which a country because others have helped you develop, you just woke up one day and wanted to take everything all to yourself.
Thanks for putting it this way specially using these terms because US did the same exact thing to China in a large number of relationships. From Huawei only because it was manufactured in China to the recent sanctions on numerous Chinese companies just because BlackRock wanted to invest in them.

In other words my tone is not anti-US, I'm simply calling out sabotage, back-stabs, betrayals, and a lot of other shenanigans United States has been pulling on the rest of the world. Otherwise it's double standard Tongue
1635  Economy / Economics / On Apple's $200 billion dump and US shooting itself in the foot on: September 10, 2023, 01:30:32 PM
https://www.businessinsider.com/apple-200-billion-drop-sign-post-us-tech-future-near-2023-9

The biggest mistake any decision makers in any country can make these days is not realizing the World Order has already changed and to fail to adapt to the New World Order as quickly as possible.

The most obvious example in United States that is still clinging to the Old World Order, desperately trying to remain the solo hegemony in today's multi-polar world.
Of course this change didn't happen overnight, the World Order has been transitioning for many years while many have been pushing US over the edge and down to the pit. But in my opinion the last nails in that coffin were put there by the US regime itself and out of pure stupidity, specially in the previous two administrations.

For example take the trade war with China that started on January 2018. Before that the Chinese companies didn't feel threatened enough to ever bother to start R&D of high tech stuff since they could freely import them from US manufacturers. So China remained dependent on United States.
But as the US regime kept "sanctioning" China, China started going domestic. Now for example the Chinese smart phone companies are manufacturing microchips (that they used to import) domestically.

Here is the problem, this move not only creates a serious and super cheap competition in global markets against American products that can easily replace them and devastate those companies, but also it now gives China the capability to strike back which brings us to the recent "sanctions" China placed on US, restricting usage of iPhones in China. The result? Apple got dumped $200 billion in a blinking of a eye.
It doesn't stop there, we have already seen over the past year+ the worsening US recession is also hurting the Silicon Valley and the tech sector as its first and biggest victim with banks that keep on collapsing.

This signals the start of a new era where tech giants are no longer going to be American. Meanwhile tech is not the only field and China is not the only country US keeps sanctioning... Wink
1636  Economy / Economics / Re: The world continues dumping US dollar (Gold, New World Order, World War III) on: September 10, 2023, 11:22:11 AM
China still holds about $800 billion of U.S. Treasuries, and with the U.S. Dollar's value starting to go up because of the Federal Reserve's tightening/short supply of U.S. Dollars, those Dollars will look very attractive for China and make them dump more U.S. Treasuries, or simply dump them because they will be needing those foreign reserves for their collapsing economy. But in what currency will they get paid for selling U.S. debt? - U.S. Dollars from the money printer. They will be a holder of U.S. Dollars. The great reset.
You are forgetting that when you bag-hold the US treasuries you are in reality lending money to the US government to cover the budget deficit and the ginormous expenses; which means the US government has to pay you interest on the bonds you are bag holding. With the heavily increased interest rate, bag holding these bonds means you get more interest (more money) which US prints out of thin air like a Ponzi Scheme. This is also why all the money from all the other markets (including bitcoin) is being sucked up by US government.

So on one hand China wants to get that profit by being a bag holder (so they bag hold $800 billion) and at the same time they want to get rid of it to reduce their risk (so they dump $200 billion out of the initial $1000 billion they held). This is also why they got rid of a large amount of their dollar reserves by converting it to both gold and yuan.
1637  Bitcoin / Bitcoin Discussion / Re: Bitcoin mempool reaches 600K transactions on: September 10, 2023, 10:54:59 AM
If somebody decides to pay a lot of money for a transaction, it means they can afford it, so I'd say the system was designed for that. You can't stop people from placing more and more transactions with higher fees. At some point the market will sort it out and the cost will reach the levels which most people cannot afford and it will stabilize.
As for inscribed messages, I don't like how the network is being used for shit, but I also can't tell people what to do and stop them from doing what they're doing. If that's what the majority wants, so be it.
Your statement would have been true only if these were normal bitcoin transactions made by normal people for normal reasons!! Well they are not. They are spam that aren't only injecting "inscribed messages" to the blockchain, they are injecting these garbages into the blockchain then trade those arbitrary satoshis that no longer have anything to do with the junk data. That market (where they pump and dump satoshis) is acting like the fuel for the spam. So it's not going to end unless that market ends which it doesn't seem to be ending.
1638  Bitcoin / Bitcoin Discussion / Re: You find the keys for 15 [btc], but there is a catch, what do you do? on: September 10, 2023, 10:41:57 AM
You find by mistake/hack/will of the god the key to an address holding 15 BTC
I'll start flying around a little and maybe go to the moon to see what's up because I must be sleeping to have found the key to Huobi's address with all its Omni shittokens Cheesy

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PS:
To the really smart guys, don't ruin the fun!!!!
So you're having fun with your theoretical 925 sat outputs now...
1639  Bitcoin / Wallet software / Re: Petition to remove Wasabi from recommendations of bitcoin.org on: September 10, 2023, 10:26:04 AM
You keep talking about open-source, where can we see these rules publicly? According to whose criteria will certain UTXOs be added to whatever list is being used to determine naughtiness of coins?
Since the coordinator code is all open source, you get to decide your own criteria yourself.
Being open source means absolutely nothing here because nobody has any way of knowing what the actual source code the centralized default coordinator is running.

Here's another idea if we're about to utilize layers: exchange BTC for XMR and XMR for BTC a little while later. Leaves no traces, much better than Wasabi + lightning altogether. You could then coinjoin the bitcoin, just to minimize the blockchain connection with the previous owner.
This doesn't provide you additional privacy since you leave a trace at step 1 when you send your non private BTC to your XMR counterparty.
It does as it successfully breaks the link between the bitcoins you convert to XMR and the bitcoins you get after selling XMR because of the way Monero is implemented.
1640  Economy / Economics / Re: BRICS has become eleven countries instead of five. on: September 10, 2023, 04:06:01 AM
11 Countries go sideways and wish to use their own currency is not the same as the US loosing its grip on the econnomical flow or their power. Trades of all other nations is still in US$.
The global usage of USD in international trades has been going down for many years now and it is speeding up in the past 2 years. The less dollar is used by countries the less power US will have.

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The reason The US won't embrace crypto is the lack of control crypto holds.
I don't know what that has to do with anything!

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Much of the US's power comes from its bases worldwide. None has closed, new ones have opened.   
The biggest US power is the dollar not the military, specially since US military strength is mostly an illusion.

As for US military bases, the thing is United States is a cancer and the military bases are like tumors, each time a tumor is removed the cancer can metastasize in another part of the earth. In other words it depends on where you look. For instance in East Asia, US presence has been increasing but in West Asia, US has been getting kicked out.

The best example is Afghanistan which is literally the biggest escape of the century. US military fled Afghanistan which is one of the most strategically important geographies in the world that gave US the power to destabilize the entire region and threaten the international trade by spreading extremism, terrorism and separatism. It affected 3 super powers at the same time: Iran, China and Russia. Today, apart from some operatives and terrorists, US has no military presence in Afghanistan.
Similar things have been happening elsewhere like Iraq were US bases have been getting shut down ever since 2020 like the ones in Al-Anbar province.
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