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181  Bitcoin / Bitcoin Discussion / Re: John McAfee 2020 Prediction on: April 07, 2020, 03:41:40 PM
I didn't see anyone mention it yet, but he recently put Bitcoin on blast on Twitter.

I have no clue

Bitcoin is worthless.

So yeah, the meme is officially dead. He's shilling alts full time now.
182  Bitcoin / Legal / Re: Ohio Resident Charged With Laundering $311M in Bitcoin for AlphaBay on: April 06, 2020, 03:01:59 PM
I'm not sure the law can be bothered to delineate the difference. It's the intent of the service provider rather than the needs of the users that they'll go after.

I don't deny that authorities can probably spin facts if they're motivated enough (even if mixers aren't inherently illegal), but at least in Bestmixer's case:

A mixing service will cut up a sum of Bitcoins into hundreds of smaller transactions and mixes different transactions from other sources for obfuscation and will pump out the input amount, minus a fee, to a certain output address. Mixing Bitcoins that are obtained legally is not a crime but, other than the mathematical exercise, there no real benefit to it.

The legality changes when a mixing service advertises itself as a success method to avoid various anti-money laundering policies via anonymity. This is actively offering a money laundering service.

It looks like this case also advertised itself as a way to launder money, which made it blatantly illegal on top of everything else. I don't think other mixers should be too concerned just because a random one got taken down.
183  Bitcoin / Legal / Re: Ohio Resident Charged With Laundering $311M in Bitcoin for AlphaBay on: April 03, 2020, 02:27:34 PM
Let this be a warning to all mixers

Sorry for taking part of a necro, but I just felt like I had to address this.

The defunct site made it as easy for internet shoppers around the world to find and buy illegal guns and drugs on the deep web as it is for the rest of us to find books and sweatshirts on the regular web.

Grams’ online companion service was called Helix. Federal prosecutors said in court records that Helix was a bitcoin money-laundering service that, for a fee, let customers send anonymous bitcoins.

“Harmon advertised Helix to customers on the Darknet as a way to conceal transactions from law enforcement,” prosecutors said in court records.

The bolded part is what made his operation illegal. Mixers otherwise don't need to be warned of anything. I'm not sure why some people seem to have a vendetta against mixers when they exist to help them preserve their anonymity. At the end of the day, mixers are just tools and are only as good as their users.
184  Other / Beginners & Help / Re: [Warning]: VPN bypass vulnerability in Apple iOS on: April 02, 2020, 12:06:14 PM
It's serious problem for people who still use website which don't support HTTPS or application which don't perform any encryption between the device and server.

True, but if you're sharing sensitive information with an http website in the first place (which shows their neglect to cybersecurity), then a VPN probably won't help you much. The real problem lies on failing to hide users' identity, which could easily be a life or death situation depending on where they're located. There's an easy workaround from OP's link, thankfully, and I might as well post it here to save other people the trouble:

Internet connections established after you connect to VPN are not affected. But connections that are already running when you connect to VPN may continue outside the VPN tunnel indefinitely. There is no way to guarantee that those connections will be closed at the moment you start a VPN connection.

However, we’ve discovered the following technique to be almost as effective:

    Connect to any ProtonVPN server.
    Turn on airplane mode. This will kill all Internet connections and temporarily disconnect ProtonVPN.
    Turn off airplane mode. ProtonVPN will reconnect, and your other connections should also reconnect inside the VPN tunnel, though we cannot guarantee this 100%.

One more notable workaround to ensure that everything is working well on all your devices is running the VPN directly on your router, but that obviously won't work when you're out and about.
185  Bitcoin / Bitcoin Discussion / Re: Fiat money's richest vs Bitcoin's richest on: March 31, 2020, 02:06:09 PM
What do you guys think of this? I'd say that lots of the richest addresses don't count as much because some of them are exchanges cold wallets holding some people's funds.

Even then, I wouldn't be surprised if the wealth disparity in Bitcoin is a lot more lopsided than traditional assets. The early adoption advantage is ridiculous, considering how much Bitcoin has grown and that it was only born about a decade ago.

That being said, the comparison is quite moot. Bitcoin is only more lopsided because of the tremendous early adoption advantage and the fact that the rich (regardless of currency) are the same people who have the most capability to create more wealth -- Bitcoin was never really meant to redistribute wealth after all. You can create wealth with it, but if that's your purpose then it's basically just another asset with a few niches.

As for what I think, I think it can be problematic that a couple of whales can exercise a great deal of control over the market, but at the same time, nothing can really be done within the confines of a free market philosophy.
186  Other / Politics & Society / Re: This Is Our Last Chance to Protect Our Privacy Amid the COVID-19 Crisis on: March 27, 2020, 01:38:19 PM
Tracking the location of your mobile device isn't dangerous for anyone.Hacking everyone's mobile device and gathering access to all the information and applications inside is the real danger here(and I doubt that it might happen).
Countries with a long democratic history in the western world can't turn into dictatorships that easy.
High tech solutions and algorithms can help for some aspects of the pandemic,but they are not a panacea.
By the way,mobile device tracking isn't effective at all.I don't ware my mobile device all the time.
If I leave my device at home,nobody can track my real location.

I would argue that knowing your home along with your identity and traveling habits (which could still be determined even if you don't bring your phone all the time) could be quite dangerous. I would suggest you check out The Great Hack on Netflix; it demonstrates how seemingly irrelevant data could be weaponized. One more thing to consider is that while the data exists, it could be mishandled and/or stolen.

It's actually dangerous if not done transparently and properly. I believe this things should be decentralized, private/anonymous, safe and transparent. Everyone should be involved in supervising one another to prevent abuse.
There will be problems If this get into the wrong hands or if those incharge turn evil.

Anonymity would defeat the purpose of contact tracing, and while fair, I don't think it's a good idea for everyone to have the ability to track everyone else.
187  Economy / Economics / Re: New Coronavirus Stimulus Bill In Congress Creates U.S. Digital Dollar on: March 26, 2020, 03:18:35 PM
Also what happened to Tether, so it wasn't the Digital dollar ?

The US Government doesn't control it, so no. That's basically the only difference between a theoretical digital dollar and existing alternatives -- they're not going to accept anything less than full control.
188  Other / Beginners & Help / Re: A hack/scam attempt -- Everyone must have a glance for educating themselves. on: March 25, 2020, 07:52:03 AM
Surely i doubt such a scammer can even pay those who wrote for him the articles. The accounts just need to be nuked. I don't know why it was even spared.

The forum doesn't moderate scams:

Q: Why haven't you banned <insert scammer username here> who is an obvious scammer?
A: Possible (or real, not for me to decide) scams are not moderated to prevent moderator abuse. If we start picking out which ones we call "scammers" and ban, we would make a lot of decisions based on biased opinions.

There are plenty of exposed scammers out there that are still able to post freely. The community does a good job of dealing with this through the Trust/Flag system though, so it's important that everyone utilize that at least to some degree. Instead of asking mods to nuke him, which is probably unlikely, it might be more helpful to support DarkDay's flag instead.

But yeah, all this really teaches us is to not trust strangers on the internet.
189  Economy / Scam Accusations / Re: {Warning}: Fake Bitcoin QR Code Generators on: March 24, 2020, 02:45:50 PM
Damn, just tried one to see what will happens. Those websites should be reported and taken down!!

We could try having them delisted off search engines. Google doesn't list it, Yahoo shows it at the top(!), and both Duckduckgo and Bing list it second. Either way, a lot of the results seem scammy to me; this should be a built in feature for any wallet after all so there shouldn't be any demand for external services. Anyway, we may as well report them:

Here's how to report to Microsoft (Microsoft account needed)

For Duckduckgo, you simply send an email:

If you find any malware, phishing, or suspicious-looking websites or ads on DuckDuckGo, report them at abuse@duckduckgo.com.

I also tried reporting it to Yahoo, but I can't seem get it to work. Maybe others can try it instead, but it also seems like you'd need a Yahoo account.
190  Bitcoin / Bitcoin Discussion / Re: Why should bitcoin not perform now? on: March 23, 2020, 01:54:40 PM
The biggest factor, in my opinion, is user experience. This is also one point where Bitcoin's decentralization works against it; there's no given jump-off point. Newbies have to pick among a massive number of exchanges/wallets, a lot of which are out there trying to steal their money. While the choice is incredibly trivial if you put time into it, there will be lots of people who would rather not bother, and thus dipping their toes will always be a daunting prospect to them.

People would rather pay for convenience, as evidenced by piracy dropping thanks to Netflix and Spotify. Bitcoin is easy to use at the end of the day, but it's still easier for the average joe to simply use fiat, swipe their cards, and/or let Paypal handle everything for their purchases, so it makes sense for them to gravitate towards that direction. Wallets are always improving though, so this is probably just a matter of time.

Anyway, it's not like strides haven't been made in the world's acceptance. Talking heads never really call Bitcoin a bubble anymore, which is crazy because that's all you really hear from critics two years ago. Who knows where we'll be in another two years.
191  Other / Beginners & Help / Re: Coach or training course for trading cryptocurrencies? on: March 19, 2020, 02:49:00 PM
How to get familiar with all the charts and indicators and technical analysis.

I don't think you'll find any in-depth tutorials about these that are specific to crypto. What most crypto "analysts" do is take stock market principles and simply apply them to the crypto market. If this is the side you're interested in, I suggest you start learning stocks first.

Not that I believe that technical analysis works with Bitcoin, but to each his own. If you've been watching the market since 2018, you probably have a good feel of how things move now, so it might be a good idea to set aside a "trading fund" of sorts for practice.
192  Bitcoin / Bitcoin Discussion / Re: Russia Banned Crypto Trading on: March 17, 2020, 03:19:26 AM
Is it valid news? Can you show us the link where you got the news?

https://cointelegraph.com/news/russias-central-bank-seeks-to-ban-crypto-issuance-and-circulation

One thing of note is that it's not finalized yet.

Ditto. They have waffled on proposed cryptocurrency rules more times than I can remember. And that's all we're discussing here -- changes to a proposed bill, which may never get passed.

I wouldn't be surprised. They're already moving to outlaw payments, and Putin himself doesn't seem to be a big fan, outside maybe CryptoRuble (whatever happened to that? lol) and its potential to evade sanctions.
193  Other / Off-topic / Re: Warning! your computer is infected call this number (Scam) on: March 16, 2020, 08:29:38 AM
Don't worry, the author also attends to Live Chat, as mentioned on the website too. So the number is more or less a last-ditch effort.
Quote
I can help! Send me a message on the bottom left of the screen (using the Zopim Chat button), or click my picture to read more about how I can fix your computer over the Internet. Optionally you can read all about my credentials, here.

I would still be a bit wary of this, because I don't think there's a single person out there who would open up a live chat channel to everyone to help with troubleshooting pro bono. What I could see happening is he'll tell you to run scans (because really, what else can you do?), and if that doesn't work, he'll suggest his remote desktop service again.

I mean, it's fine if he's just going to charge you a small fee, but he could potentially advise you to download malicious software, etc. and you'll only be worse off for information you could probably get freely from the internet anyway. It's also much more advisable to follow instructions that could be reviewed and verified by other readers (tech forums, etc.) than PMs where you're at the mercy of the other party.

Again, to clarify, I'm not discrediting him. I just want to warn people of what could happen if he turns out to be untrustworthy. There's also the fact that there's so much information out there about virus removal that you likely won't need specifically-tailored advice.
194  Other / Off-topic / Re: Warning! your computer is infected call this number (Scam) on: March 16, 2020, 06:40:15 AM
Now that the browser window has been forcefully closed, you can attempt to remove the infection using automated software yourself. If this doesn't solve your problem, consider contacting me for help as I can connect to your machine and remove it for you. I can also provide a free 15 minute phone call to discuss and to prove my remote desktop service is legit.

This is from the site you have listed. His advice is generally sound, but the highlighted part is a red flag to me. You're basically giving a random guy access to your PC, so he can remove another guy who already has access to your PC. I'm not saying he's not trustworthy, but I strongly advise against getting any service of the sort.

Anyway, viruses like these are usually tame enough that Windows Defender and/or Malwarebytes should be able to purge them. If that doesn't work for some reason (which I believe would be highly unlikely unless your system has already been completely compromised), formatting your drive would be about a million times safer than installing a remote desktop service and letting other people handle it.

Also, you can follow these simple steps to avoid around 99% of random viruses floating around the internet:

1. Don't pirate software; it's trivial to bundle malicious software with these.
2. Don't install random software such as new altcoin wallets with no reputation etc.
3. Install script blocker add-ons on your browser such as NoScript or ScriptSafe. These can be further complemented by HTTPS Everywhere and uBlockOrigin.
195  Bitcoin / Bitcoin Discussion / Re: Friday the 13th unlucky for Bitcoin too! on: March 13, 2020, 08:49:55 AM
I haven't realized that it's Friday the 13th. I don't believe in that kind of stuff though. It's all pure coincidence. It just happened to be right on time with that. Don't believe anything else.

Fun fact: the 13th most frequently lands on Fridays. If you think about it, it's statistically more likely for this to happen on a Friday the 13th than any day on the 13th, so there's really nothing unlucky about it lmfao.

But yeah, those prices don't really indicate any clear trends. We also have to consider the fact that our current situation is incredibly irregular considering the coronavirus scare and markets crashing all over.
196  Economy / Economics / Re: Coin prices down 25% to 30% this morning. on: March 13, 2020, 06:19:04 AM
Yeah, but when I woke up this morning I saw that everything is seriously falling hard, both the traditional market and the crypto market. This is not anymore the usual. This is something that is suggestive of a terrible market slump. This is crisis already. I don't know if those huge sell off orders were made as a profitable strategy or just plain selling for the sake of having money to spend on more basic goods and services.

IMO people were spooked because everything's crashing and burning, which created a self-fulfilling prophecy in the crypto market; the overall global situation isn't really dire enough that you'd have to hole up in your home with just cold hard cash and necessities.

What's interesting is that you'd think that the opposite would happen, due to people hyping up Bitcoin's reputation as a hedge against the traditional financial system, but so much for that I suppose.

I bought some at 6000. It's already lower than that but 6000 to me is a great well known and historically strong level. Maybe we'll go to 5500 who knows?

Crazy how this aged and it hasn't even been 24 hours yet. Hodl strong everyone.
197  Bitcoin / Hardware wallets / Re: Hardware wallets, types, security and safety on: March 12, 2020, 02:37:43 AM
Even if an attacker is able to distinguish a USB flash drive from a hardware wallet, it will not be easy to use it. Let's say the attacker took possession of my hardware wallet (Ledger Nano S), which has an eight-digit password.  In the case of three wrong combinations, the hardware wallet resets all settings to the initial state and the attacker simply can not get my coins.

Oh definitely, in the same way that a USB drive with coins in it wouldn't necessarily be easy to break into. I was just saying that if a random thief with the capability to steal your coins gets into your home, he's more likely to take your hardware wallet than a random USB drive (if not both lmao).

This is true, but I still wouldn't rely on the thief not discovering the coins for their safety. If you are storing coins on a plain USB drive, you should be encrypting it.

No arguments here; if a precaution can make storing your coins safer, you should definitely avail of it. I'll edit my post and credit you. I was just pointing out that an attacker getting his hands on it wouldn't necessarily mean he'd be able to steal what's in it.
198  Bitcoin / Legal / Re: South Korean Lawmakers Greenlight Strict Crypto AML Bill on: March 11, 2020, 05:30:25 AM
Honestly with this kind of "enhanced" regulations made by South Korea it makes me wonder why other countries are not doing it and instead put the burden on all of its users, as if they are forcing them to lose interest in the market.

Probably because of this:

Quote
That could squeeze out Korea’s smaller players who cannot afford to take on the regulatory burden, CoinDesk Korea reports. Exchanges may attempt to consolidate, raising funds and banding together to meet the new requirements.

Increased spending on compliance will also trickle down to consumers, so it's not all good. It's great for casual users though, since it does look like this will help stop scam exchanges from setting up camp.
199  Bitcoin / Hardware wallets / Re: Hardware wallets, types, security and safety on: March 11, 2020, 02:36:45 AM
This is a lot helpful. But you said, it is inconvenient. It is also can not be safe like the recommended HW wallets.

If your only intention is to keep your private keys offline, I would argue that it could be just as safe, since it does exactly the same thing.

One of the main advantages of hardware wallets, in addition to keeping your keys permanently offline, is that if they fall in to an attacker's hands your coins are still safe (or at least, safe for long enough for you to recover your backs ups and send them to a new wallet). Your set up misses out this important protection, unless you are also encrypting the USB drive.

Strong wallet passwords could also help, so it's not entirely vulnerable in the hands of a potential attacker. I mean, we've all heard about people getting locked out of their Electrum wallets, so you can possibly make this work in your favor. Hardware wallets are definitely better in this area though.

One advantage it has though, is the attacker won't necessarily know the flash drive is holding coins (you could just be using it as an OS installer after all, like majority of the populace) unlike hardware wallets, so they could be less prone to thievery.
200  Bitcoin / Bitcoin Discussion / Re: Not an article about Bitcoin: "I accidentally sent £1,000 to the wrong account" on: March 09, 2020, 06:48:13 AM
This sucks, but you at least have access to the identity of the person, and can take them to a small claims court or something. That tells you that this isn't really a problem inherent with Bitcoin, but rather with its pseudonymity. If you sent some coins to someone you actually know by mistake, you might also be able to take them to court provided you can prove that they own the address.

Aren't banks suppose to match the recipients name and account number first before approving the transfer? That is one advantage of a centralized payment system over decentralized cryptocurrencies.

They should, but I'm not sure if this is possible with interbank transfers. Can't really keep it instant if real people have to monitor it.
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