You still have to trust the bank.
snip snip snip Two tips: Don't put all your eggs in one basket. Plausible deniability -- A $5 wrench is too damn cheap. Hey man, spot on on your last security comments  Can you please point me out something good to read on the plausible deniability topic? Thanks! |
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Bitcoin has the potential to destroy the ability of authoritarians and collectivists - whether socialist, fascist, communist, totalitarian, any of that group - to enforce their will upon people who want to be free. Look at how it helped some people in Cyprus when the establishment gave depositors a haircut. Look how it can help people in Hong Kong or Taiwan protect their wealth from the Chinese. Look at how it can help people in the EU, US etc protect their earnings from huge, controlling governments.
Bitcoin has the potential to help reinvigorate civilization, not destroy it, but destroying the myth that one person has the right to use force to make another provide for them.
Don't get me wrong here: I believe we need way more than bitcoin to reinvigorate our fu**** civilization. We need more awareness in the way we live, the way we treat each other, the way we utterly don't respect nature. I think I could go on forever, you get the message |
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We all know that's coming. In the end kids are smart and given the right education they will be able to learn how to profit from this massive robbery perpetrated to humanity called fiat money and they will choose bitcoin. One must fall. |
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Ladies and Gentlemen of the class of the Wall Observer Buy Bitcoin If I could offer you only one tip for the future, Bitcoin would be it The long term benefits of Bitcoin have been proved by scientists whereas the rest of my advice has no basis more reliable than my own meandering experience... I will dispense this advice now... Stacking satoshis is an act of resistance fellas. Do that, rinse and repeat. Have a nice day  |
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It takes a bit more than the actual situation to reach a so-called dystopian society but it seems to me we are heading there. All sort of conspiracy dreams from 30/40 years ago are now becoming a reality for all of us.
Black Mirror is unfolding before our eyes I guess.
I sincerely hope to see btc as a way out from all this but at the end of the day we all live under the same sky, unless you take Elon's space shuttle.........
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9. Don't FOMO to trade a coin that has already gone 50% above.
Even 15%/day is already too much. If that's the case, combined with previous low volumes, then it's P&D for sure. Good list but I wonder how many will apply these very logical tips. |
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Doesn't look like this was an accident.
Looking through his transaction history he's used 60 gwei for every transaction, except this one.... That indicates the wallet was previously controlled by a smart contract or some automated service, but then this guy took over and manually cranked to gas price up to 500 million.
What's more likely is that he is working in cahoots with the mining pool to forcibly move money from one place to another, potentially converting illegitimate gains into legal proceeds (mining revenue). He'd then split the difference with the pool owner and get away with essentially laundering money.
This isn't the first time Sparkpool has received suspiciously high fee transactions before. And they often seem to agree to split it back with the sender.... Why would they do that when it's rightfully theirs to keep?
Well, that is the best way to make laundering money look legal. Nice catch there pal. I do think the same too. Intentionally spiking the fee so that the "dirty" money looks like it was legitimately mined then split it with other members of the conspiracy. Still unusual why he would use this system. Technically he could spend $100k or so to build a mining operation so that he could mine the block himself and confirm his own transaction. But instead, he seems to have partnered with Sparkpool, which might try to take at least half of the money. Because of this, we can only assume that the person either works directly with SparkPool to somehow get away with the majority of the money, or that he is taking advantage of the way SparkPool distributes the rewards to users. He could have simply used one of the many ethereum mixers out there or converted and mined it as Monero. Both options would have been far cheaper. Something suspect is afoot. Nice catch I'd say: it does make a lot of sense. Looking at the sender it looks like they have a pretty large balance and your idea fits in the game. Will monitor that address for educational purposes. That's the beauty of a blockchain. |
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The first widely accepted commercial transaction was on May 22, 2010. Laszlo Hanyecz bought two pizzas for 10,000 BTC in an event that has since been immortalized as Bitcoin Pizza Day. With the pizzas worth about $30, this puts a value of around $0.003 on one BTC at this point. Yeah, Cointelegraph strikes again. The first transaction was 7 months earlier when Sirius sold 5050 for 5$ , making it $0.001. That aside it's stupid to compare something that had no value at first with something that was born with value, how much has gold gone up in value if we consider the strat point the time when cavemen were throwing rocks full of it at each other? Those were the days! 5 dollars for 5050 precious coins. Joking aside, I get your point and I agree but the press needs to talk their bla bla bla. And remember that the average Joe only remembers the association between Bitcoin -> Coca Cola |
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And bitcoin drops back to 9700. This is really kind of boring. Blah.
9600 even waaaaay more boring This feels so 2014/15 I remember very well those early Bart Simpson moves between 400$ and 600$. It looks we need to cook more before starting the rocket. Personally, I don't care. This is a good accumulation range before the rocket era. |
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Bitcointalk Username: Karartma1 Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=223006Current post count (Including this one): 4048 Amount of merit (Earned) in the last 120 days: 10 BTC Address for Weekly Payouts: bc1qxr052wefgml4y2jdtu70rehds3nse6lt73fa88 Thanks |
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Must be nice to work in a "team of in-house research experts".
I am pretty sure somebody here could post a truly adequate photo which relates to the topic: a "team of in-house research experts".  Team of in-house research experts looks something like this:  It's an idea that composes every peep.. peep, peep, peep... wrong wrong wrong...your doing it wrong...in house experts should resemble this  You guys made my day!  |
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Must be nice to work in a "team of in-house research experts".
I am pretty sure somebody here could post a truly adequate photo which relates to the topic: a "team of in-house research experts". |
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stompix I am with you there. LN would have been the best option but you know how sexy it is for a company to say they're into bitcoin.
@LeGaulois I was able to read the article without issues. Thanks for sharing another source
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Very nice news:
<...>
The Germans are probably the last country on the planet who would mass adapt Bitcoin. Technology wise we are sooo waaay behind. I am German an living here. I mean, I pay 55€ a month for 11GB of mobile data package. I was shocked when I visit Thailand and got a unlimited data plan for 6€ a month. I asked twice if there is some setback because we here in Germany dont know unlimited mobile data, unless you pay 3 digits. We are also now the leading country in the world in terms of tax. The Germans really proud of this. You cant see anybody protesting for anything related to our country. Instead they protesting for Floyd  Really? My mobile phone bill is about 30 eur a month and that includes unlimited surf, I hardly make any calls though, just surfing. (In Sweden that is). Edit: sorry, typo, I ment 30 eur. Well, in the borderline third world country called Italy: 16.50 EUR for 30 GB and unlimited calls (texts, I can't remember, who uses texts today?) I do! I use texts, love them actually. I hate those fricking read receipts you get on those stupid messaging apps. Anyway, being an Italy lover, and knowing a bit of that amazing language I kindly ask you to refrain to use those stupid metaphors about the belpaese (borderline third world country). Going back on topic, a good friend of mine over there has an Iliad plan and gets 30gb data, unlimited text and calls for 5.99 EUR only! Bargain |
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Coca-Cola Amatil vending machines have started taking bitcoin in yet another sign the volatile virtual currency is starting to gain acceptance in the real economy. Auckland-based digital payments start-up Centrapay has signed agreements with Coca-Cola Amatil to enable consumers to use bitcoin and other crypto currencies at about 1200 vending machines in Australia and New Zealand. Read more here https://www.afr.com/companies/retail/now-you-can-buy-a-coke-with-bitcoin-20200609-p550vz |
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What are your predictions for BTC to reach all time high? Usually it takes a year time to reach there after the halving but I am willing to hear your predictions What will be the ATH price this time, any idea?? 26 December 2020. $24777. Don't ask me how I know. Quoted for Historic purposes. |
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But the interesting part is they mentioned "Dutch FIOD has started promising technical research into behavior and demixing of Wasabi transactions", it's interesting how they achieve that (assuming it's true), would they look for another user behavior, vulnerabilities in Tor or even vulnerability of the blind signature itself?
My guess is that a lot of users aren't careful with their post-mixing behaviour (many mistakes can be committed here, often unwittingly). Most likely, i've seen users who ignore anonymity color (green, yellow or red) or use all inputs at once. tl;dr Privacy tools are fantastic, but don't expect them to be useful when you want to cash out from exchanges.
Good point. The only alternative is only buy digital coupon or gift card if you want to buy something from specific store. BISQ. Or create good/trusting relationships with trustworthy traders in LocalBitcoins, then trade directly. Because the true potential of Bitcoin might only be attained through peer to peer trade/commerce, and the incapability of a centralized third party to censor you. I don't think you get what I am talking about. What if I want to be able to exchange my bitcoin for fiat and I need to exchange large sums? Would you do that on BISQ? You can't because of the very low volumes they have. Would you do that on LocalBitcoin? You can't unless you want to have to move around with tons of cash (and I bet you wouldn't find such trades). My point is, for the sake of convenience, people would like to exchange btc for fiat in a bank because in the end we all need to live. If you have mixed, coinjoined coins and else, very few (none) exchanges will allow you do cash out. That's the thing: if we are talking peanuts ok, go to bisq or local bitcoin but if you are talking big money forget about that unless you have a provable source of funds. Again tl;dr Privacy tools are fantastic, but don't expect them to be useful when you want to cash out from exchanges (large sums). |
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Hertz, which went bankrupt recently, is now trading higher than before it went bankrupt.  The price hikes among the bankrupt include:
- Hertz, which climbed 95% since it filed bankruptcy on May 22
- J.C. Penney, up 167% since May 15
- Whiting Petroleum, up 835% since April 1
- Pier 1 Imports Inc. more than doubled in the last two trading sessions, though it’s still down 97% since filing for bankruptcy on Feb. 17
Companies that have begun planning for bankruptcy also saw their shares surge Monday, including:
- Chesapeake Energy Corp. jumped 182%
- GNC Holdings Inc. rose 106%
 I would go even further: resuscitate and let us trade Enron!  Most of you should know what I am talking about. |
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