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1881  Local / Other languages/locations / Re: Pakistan on: June 28, 2023, 03:08:45 PM
Advance EID Mubarak Bhai log.
Chalo hum sab is Qurbani Eid main hamari Jealousy, Anger, arrogance Qurban kare.
Apna neighbor ka bhi care karo. Needy people ko help karo.
EID Mubarak, everyone. May Allah Bless everyone!



1882  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: June 28, 2023, 02:59:09 PM
Looks like Australia is going to win this test and it is clear even before the end of play for first day. Apart from occasional bursts by Josh Tongue, none of the England pacers seems to be capable of troubling the Australian batsmen. Partnership between Marnus Labuschagne and Steven Smith is now worth 82 runs, and it came after David Warner scored a half-century. The match is rapidly slipping out of England's control. Australia may end up somewhere around 350-400 on the first day. And they got Mitchell Starc in place of Scott Boland, so there's going to be a lot of searing pace once the Poms come out to bat.
It's too quick to predict the match result. Don't forget that England is playing in their own backyard. So, you shouldn't underestimate their capability. They need only one good session to pack up the aussies batting lineup. Pitch behavior may change anytime, and bowlers might benefits from the pitch. This is a test match, and you shouldn't judge them before ending the first innings of both teams.

Josh Tongue got two wickets so far, and his bowling looks good to me. He might give another breakthrough. The match can be changed in a single session. I will wait at least for ending the first two innings of both teams. Let's see who can dominate who.
1883  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: June 28, 2023, 02:51:32 PM
It seems incredible to me that any team can be beaten after scoring 374 runs in 50 overs. The opponent Netherlands is not a strong team. West Indies lost this match due to their stupidity and poor performance. Their fielding was atrocious. And every bowler bowled badly in this match. Every batsman in the Netherlands squad played very well. I would say West Indies are not fit to play in the World Cup. The condition of their squad is not good now. They should be more diligent. Instead of focusing only on the T20 format they should try to do well in ODI format as well.
Any team can play well in their day on such an incredible sporting pitch. I am unsurprised that the Netherlands has tied the match in fifty overs. But I am surprised that they chose van Beek for the super over, and he did an incredible job. He is not even a top-order batsman. He is middle order, all-rounder. This guy smashed Holder and scored 30 runs in six balls.

West Indies relied on Charles and Shai hope to score 31 in six balls Unfortunately, they managed to score only eight runs and lost two wickets. Not even close to the Netherlands' score. This is where the Netherlands showed its power.
1884  Economy / Trading Discussion / Re: The green shouldn't always be the reason to enter the market on: June 28, 2023, 02:36:34 PM
Some traders often invest when they say that the market is bullish which I think is wrong, they need to analyze patterns, they need to learn candlestick and some other strategies that can help them to fully understand the market and let them not suffer to much loss. Because sometimes we can encounter fake pump as well, so we need to be extra careful in these things.
If someone starts investing following the DCA method. Then it should be ok to invent even in the bull run. When someone hears that the market is up now and will up further, and they want to take advantage of it; they are newbies to the market. You always have to invest when the market is low, and you can buy more satoshis at a low price.

But, if someone wants to hold it for a long time and keep accumulating satoshis then they might buy Bitcoin in the bull run too. Unfortunately, this is the common mistake that newcomers do. They hear about Bitcoin once it start to going up and they think it will pump further and they decide to buy Bitcoin at a high price.
1885  Economy / Gambling discussion / Re: Why People Still Gamble? on: June 28, 2023, 02:27:12 PM
Well, addiction to the fun is kind of the point in me not believing in it being for fun. At what point does it stop being fun? And do you think that people stop when it stops being fun, or until their wallet is empty? I think more often than not, it's the latter.
Gambling is supposed to be for fun/entertainment purposes. Casinos and others also say do not gamble if you cannot afford to lose. So, whoever agrees that they can lose to have fun, they are invited to gamble. But, if you cannot afford to lose, do not gamble. That's it. If someone gambles and wants to make money from it and keeps playing until their wallet gets empty, they are addicted and need some serious treatment.

Quote
I suppose that is a fair point. As someone who doesn't spend money on things like skins, I suppose if it is for an advantage, then I guess it's somewhat justified. I don't think games should be like that for the sake of fairness, but they have a business to run Smiley my opinion here isn't as hasty as it is toward the topic of gambling for fun vs gambling because of being allured or addicted.
I also think it's unfair to give some advantage who spend money on buying weapon skins. But, as you said, companies have to do business. Now everyone want to advantage of those gun skins and they spend more money on it. The company making money from the players.
1886  Local / Other languages/locations / Re: বাংলাদেশ (Bengali) on: June 28, 2023, 02:18:15 PM
পিকচারটি আপনি গুগল থেকে ডাউনলোড করে আপলোড দিয়েছেন। কাল ও দেখলাম মনে হয় একজনের একাউন্ট ব্যান খেয়েছেন। আপনী ব্যান খেতে না চাইলে লিংক এড করে দিন। আপনি নিজে থেকে ঈদ মোবারক বলে পোস্ট করতে পারতেন অন্য সোর্স থেকে পিক এনে লিংক ছাড়া পোস্ট দিলেন।
অরিজিনাল পোস্ট লিংক. গুগল
Photo link
ইমেজ সোর্স এর কোনো লিংক দিতে হয় না। শুধুমাত্র কোনো প্রকার কন্টেষ্ট যেখানে নিজের ছবি আপলোড দেয়ার রুলস সেখানে নিজের ছবি দিতে হবে। তাছাড়া ইমেজ কোনো রুলস ভায়োলেট করে না। ইমেজ এর কোনো কপিরাইট রুলস ফোরামে নাই। সুতরাং ইনটারনেট এ এভেইলেবল যেকোনো ইমেজ আপনি ফোরামে শেয়ার করতে পারবেন। এক্ষেত্রে আপনাকে কোনো সোর্স প্রোভাইড করতে হবে না। আশা করি ব্যাপার টা ক্লিয়ার।
1887  Economy / Scam Accusations / Re: A Dumb way to scam forum members on: June 28, 2023, 01:43:27 AM
but the forum is not where he can easily scam someone. He thought it is a social media like telegram where he can scam anyone he likes.
Are you sure about this! Because as far as I can see and according to what I have read on this board, people would fall for less sophisticated scams.
I'm sure most of forum members aren't aware of the existence of this board and even if they were, they don't frequent it that much.
All I can do is to thank OP for posting this topic and inviting everyone to do the same whenever they face any kinf of scam attempts.

I posted a similar thing before explaining how these scams still work. Do you remember the scam method using email saying someone is from a different country and they got some treasure and want to send it to a victim? Then ask them for a shipping fee. These scams still work for them even though it's an old scam method.

Another scam method was sending emails to a victim and claiming they got some nudes, videos, and personal things from the victim. Scammers scare the victim, saying they will publish those things online if victims don't pay them. This is an old method, but people also fall for this scam. No matter how dumb or old the method is. People still fall for it.
1888  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 27, 2023, 06:56:00 PM
Exchanges can borrow coin in order to pass an audit.  NYKNYC.


Exactly.
In this case, you should check their wallet instead of relying on some 3rd party audits.
1889  Economy / Speculation / Re: Centralized Exchange reserve data on: June 27, 2023, 02:54:22 PM
Today I read about which exchanges provide proof of reserves and which don't. If some of them provide proof of reserves, how do they do it? More importantly, how transparent is that? Some exchanges transfer their funds to somewhere else after the audit ends and take snapshots of their reserves.

Here is the case from Crypto.com

While the practice of PoR is becoming accepted by centralized exchanges with many starting to release PoR audit data, there is still the issue of crypto platforms moving their funds right after the snapshot for the audit was taken.

Crypto.com recently transferred 280,000 Ether To Gate.io address after it released its PoR audit, fueling rumors about crypto exchanges potentially faking their reserve audits. Many in the crypto community claimed exchanges were borrowing assets to show a healthy financial book, only to return them back right after the snapshot.

Crypto.com CEO Kris Marszalek came out to clarify that the $400 million ETH transfer was a mistake and was meant to be sent to another cold wallet, raising even more suspicion.

And, while some exchanges give detailed breakdowns of their reserves during a PoR, other firms simply provide quick responses claiming they are in the black. Nexo has simply come up with a one-page snapshot that says they have more assets than customer deposits of around $3.2 billion.

Even after the audit, you cannot trust an exchange that they won't transfer its funds to somewhere else, just like Crypto.com did.

What is the solution?

Don't trust, Verify!
Only use exchanges that provide proof of reserves with complete transparency. Some exchanges share the wallet address of their reserves, and you can always check those wallets on the blockchain.

Here are the top 10 exchanges and their stats

SL Exchange Name Provide PoR? Reserve Data Link
1 Binance Yes https://coinmarketcap.com/exchanges/binance/#reserve
2 Coinbase Exchange No No data
3 Kraken No No data
5 Kucoin Yes https://coinmarketcap.com/exchanges/kucoin/#reserve
5 ByBit Yes https://coinmarketcap.com/exchanges/bybit/#reserve
6 OKX Yes https://coinmarketcap.com/exchanges/okx/#reserve
7 Bitstamp No No data
8 Bitfinex Yes https://coinmarketcap.com/exchanges/bitfinex/#reserve
9 Gate.io Yes https://coinmarketcap.com/exchanges/gate-io/#reserve
10 Gemini Yes https://coinmarketcap.com/exchanges/gemini/#reserve

You can verify those exchanges' Proof of reserves from the internet. You should avoid exchanges that don't provide Proof of reserves or even if they claim that they provide, but it's not transparent.
1890  Economy / Exchanges / Re: Should we care about the Proof of Reserves of the Exchanges? on: June 27, 2023, 02:48:13 PM
Therefore, Proof of Reserves is good for platforms that have obtained licenses from a country with legislative laws related to crypto, otherwise you, as a regular user, will not be able to verify the accuracy of this information.
If exchanges reveal their reserves wallet data, there is nothing that can be more transparent than this. We don't have to believe auditors as well. Some exchanges already shared their wallet address, and you can verify it from blockchain data. For example, Check Kucoin reserves data from coinmarketcap. https://coinmarketcap.com/exchanges/kucoin/ Visit this link and scroll down to the financial reserves section to check their reserves. The wallet address, chain and balance info are already shared on Coinmarketcap. I am pretty sure most of the people didn't know about this.

Edit: OP updated with the reserve data link
1891  Economy / Gambling / Re: ✨ JacksClub.io ✨ Daily Contest with Amazing Prices | VIP Rewards | Free Faucet on: June 27, 2023, 11:00:06 AM
Shilling can be a wrong word to describe it but shilling, promoting have similar purpose. It is only different in quality of posts we are making. People who are in shilling services mostly newbies, spammers and their services only provide non sense posts to bump announcement threads. They will write something non sense like
Yeah, The purpose is the same. The purpose is to promote the platform. But as signature campaign participate. I work independently, and one is forcing me to post on their ANN, saying this is the best platform. Please use it. I will post it naturally if I use the platform and like it. But, Shillers don't have any ethics. They write good things about the platform without checking their domain name and using the service. You won't wear a signature of a scam website that scams people. But Shiller doesn't care about it. They will shill for scam websites. This is the main difference here.

Quote
If you are a responsible participant, you will do it naturally and don't need them to ask you.
If I don't use the platform and I have no experience, I won't do it. Do you think all VbetFTN signature participants use the platform? I don't know if they do. Without using the platform, you cannot write honest things. If you write things without using the platform, it can be considered shilling.
1892  Economy / Exchanges / Re: Should we care about the Proof of Reserves of the Exchanges? on: June 27, 2023, 10:46:31 AM
We are not talking about hacking here. No platforms can give that proof that their platform won't be hacked. Still, we use online services. Do you think Bitcointalk cannot be hacked? Bitcointalk was hacked before, and its old database is still available on the black market. Do you see some sold accounts pop up every few days? Those are basically hacked accounts. The situation is you have to choose one worst platform from the ten worst platforms.
You are not getting what I am saying, that people should not think proof of reserve can save an exchange from hack, that they should not still leave their coins on an exchange even if the exchange has proof of reserve. If they are traders, they should trade and after the trade, they should move their coins out of the exchange. If they want to invest, they should use a noncustodial wallet instead.

Yeah, sorry for the misunderstanding. You are right, indeed. No matter how trusted an exchange can be. No one should use an exchange account to hold their funds in it. Either use a hardware wallet or software wallet like Electrum. I guess you will agree with me regarding choosing the exchange platform. I do not suggest anyone use exchange unless it's necessary to use. But, if someone wants to use an exchange, they should avoid exchanges that do not give their proof of reserves. The purpose of this thread is to let forum people know which exchanges don't provide proof of reserves. Also, it's possible to verify the proof of reserves these days.
1893  Local / Other languages/locations / Re: বাংলাদেশ (Bengali) on: June 27, 2023, 10:39:10 AM
---

কি দরকার ছিলো এতা চালাকি করার? এখন ব্যান খেয়ে গেলেন। সব সময় শর্ট কাট রাস্তা খোজা ভালো না। শর্টকাট রাস্তায় কেউ কানোদিন এগিয়ে যেতে পারেনি। চিটিং না করে ফোরামের রুলস মেনে চললে আজকে আপনাকে ব্যান হতে হতো না। যারা কপি পেষ্ট করছেন, অটো ট্রান্সলেট ব্যাবহার করছেন এবং অন্যান্য রুলস ভায়োলেট করছেন, তারা সাবধান হয়ে যান। নইলে আপনাদের পরিনতি এনার মতোই হবে।

স্পামিং সদস্যদের নিয়ে কিছু কথা,
বাংলা থ্রেডে সবাই আসে শুধু হাই , হ্যালো করতে। কিন্তু যদি এই ভাবে চলতে থাকে, তা হলে বাংলা থ্রেড ধলে পরবে। কেও আর বাংলা থ্রেডে আসতে চাইবে না। আমরা চেষ্টা করব আমাদের বাংলা থ্রেডকে সারা জীবন ধরে রাখতে এবং আমরা স্পামিং পোস্ট করা বন্ধ করব। একে অপরের সাহায্য করব। স্পামিং পোস্ট বাদ দিয়ে মূল যে বিষয় জানা দরকার সেটা লিখে পোস্ট করব।
আপনি যদি কোন স্প্যাম পোস্ট লক্ষ্য করেন সেই ক্ষেত্রে সেটিকে কোট করে আপনি এই উপদেশটি দিতে পারতেন। কোন কারণ ছাড়াই এ ধরনের পোস্টও মিনিংলেস পোস্টের মধ্যে পড়ে। আর এই বিষয়ে সাধারণত সব সময়ই সচেতন করা হয় যখনই কোন স্প্যাম পোস্ট দেখা যায়।
আইরোনিক্যালি উনি নিজেই ফোরাম রুলস ভায়োলেট করে কিছুক্ষন আগে ব্যান খেয়ে গেছেন। যদিও উনি অন্যদেরকে সাজেশন দিতে চাচ্ছিলেন যে স্প্যাম পোষ্ট করা যাবে না। উনি নিজেই এমন কিছু করে বসে আছে যেটা ফোরাম রুলস এর বাইরে।
1894  Economy / Exchanges / Re: Should we care about the Proof of Reserves of the Exchanges? on: June 27, 2023, 10:30:57 AM
But the proof of reserve is not proof of hack or hack proof. People should know that proof of reserve does not means an exchange that provides proof of reserve can not be hacked.
We are not talking about hacking here. No platforms can give that proof that their platform won't be hacked. Still, we use online services. Do you think Bitcointalk cannot be hacked? Bitcointalk was hacked before, and its old database is still available on the black market. Do you see some sold accounts pop up every few days? Those are basically hacked accounts. The situation is you have to choose one worst platform from the ten worst platforms. 

Quote
I still wonder that exchanges like Coinbase do not have proof of reserve yet but many people trust the exchange. Kraken and Bitstamp too are not small exchanges and they do not have it yet.
You should avoid using those platforms. Of course, they are doing some shady things behind them. Otherwise, there is no reason to hide the proof of reserves.

1895  Bitcoin / Bitcoin Discussion / Re: Newbie Crypto Advice on: June 27, 2023, 09:52:52 AM
This is an obvious character of a scammer. Scammers are easy to call an amount of money. A serious investor shouldn't be mentioning an amount of money to entice an adviser.

You are not 64. A 64 yrs old person should have the time to study. Atleast to know a bit of what they will invest into. That is how anyone above 50 behaves
This is not how you should conclude. What if you are saying those words to a real man who is already 64 and decided to invest in crypto, but he is not that much serious yet? Maybe he wanted to give an ETA on how much he wants to invest. Maybe this is not the only option he thinks about. Maybe he is trying to learn from forum members before deciding to invest in crypto.

Do you have any proof that he is a scammer? It would be best if you didn't name-calling someone without any proper evidence. If you guys continue doing this shit, you will find this forum being isolated, and there will be no genuine newbies except Sig spammers. He already got a good suggestion from the first reply of this thread. There is no reason you can talk like this.
1896  Bitcoin / Bitcoin Discussion / Re: Who Buys Bitcoin When The Price is 100k$? on: June 27, 2023, 09:34:11 AM
I don't know what company you are talking about because I did not hear of any company that went bankrupt and folded up their business just because it went down to $15K from $69K. Some companies bought at an all-time high because they expected it to reach 100K that year. But, it didn't. People relied on PlanB's idea and thought their prediction always worked. The truth is; No one can predict the actual market movement. At least not every time.

Now if you ask who buys Bitcoin at All time high, well, whoever accumulates Bitcoin by using the DCA method will always buy Bitcoin no matter what the price of it.
1897  Economy / Exchanges / Should we care about the Proof of Reserves of the Exchanges? on: June 27, 2023, 12:05:04 AM
Today I read about which exchanges provide proof of reserves and which don't. If some of them provide proof of reserves, how do they do it? More importantly, how transparent is that? Some exchanges transfer their funds to somewhere else after the audit ends and take snapshots of their reserves.

Here is the case from Crypto.com

While the practice of PoR is becoming accepted by centralized exchanges with many starting to release PoR audit data, there is still the issue of crypto platforms moving their funds right after the snapshot for the audit was taken.

Crypto.com recently transferred 280,000 Ether To Gate.io address after it released its PoR audit, fueling rumors about crypto exchanges potentially faking their reserve audits. Many in the crypto community claimed exchanges were borrowing assets to show a healthy financial book, only to return them back right after the snapshot.

Crypto.com CEO Kris Marszalek came out to clarify that the $400 million ETH transfer was a mistake and was meant to be sent to another cold wallet, raising even more suspicion.

And, while some exchanges give detailed breakdowns of their reserves during a PoR, other firms simply provide quick responses claiming they are in the black. Nexo has simply come up with a one-page snapshot that says they have more assets than customer deposits of around $3.2 billion.

Even after the audit, you cannot trust an exchange that they won't transfer its funds to somewhere else, just like Crypto.com did.

What is the solution?

Don't trust, Verify!
Only use exchanges that provide proof of reserves with complete transparency. Some exchanges share the wallet address of their reserves, and you can always check those wallets on the blockchain.

Here are the top 10 exchanges and their stats

SL Exchange Name Provide PoR? Reserve Data Link
1 Binance Yes https://coinmarketcap.com/exchanges/binance/#reserve
2 Coinbase Exchange No No data
3 Kraken No No data
5 Kucoin Yes https://coinmarketcap.com/exchanges/kucoin/#reserve
5 ByBit Yes https://coinmarketcap.com/exchanges/bybit/#reserve
6 OKX Yes https://coinmarketcap.com/exchanges/okx/#reserve
7 Bitstamp No No data
8 Bitfinex Yes https://coinmarketcap.com/exchanges/bitfinex/#reserve
9 Gate.io Yes https://coinmarketcap.com/exchanges/gate-io/#reserve
10 Gemini Yes https://coinmarketcap.com/exchanges/gemini/#reserve

You can verify those exchanges' Proof of reserves from the internet. You should avoid exchanges that don't provide Proof of reserves or even if they claim that they provide, but it's not transparent.
1898  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2023, 04:03:14 PM
I realized $31.3K was the highest in the last 52 weeks!
Are we preparing for a big rally?
Where is proudhon?


I think he stepped into another dimension with last year's post:


Just re-ran my scientific models. The price of bitcoin will not sustain more than 3 consecutive days above $20k for the rest of the year. Next year there is a 96% chance that the price will not sustain 10 consecutive days above $20k for all of 2023.

It seems this guy is not proudhon anymore of himself.
It would be best if you gave him a chance to be back again.
Probably working on some Mcdonald's to accumulate some fiat and buy Bitcoin but afraid to say that he loves Bitcoin  Tongue
I won't mind if someone changes their path turn into a Bitcoiner.
1899  Local / Other languages/locations / Re: বাংলাদেশ (Bengali) on: June 26, 2023, 03:55:25 PM
কোরবানি আর বিটকয়েন নিয়ে অনেক আলাপ আলোচনা হচ্ছে। আমিও আমার মতামত দিতে চাই। কয়েক বছর আগে জুনায়েদ আহমেদ পলক সাহেব একটা প্রেস কনফারেন্স এ সাংবাদিকদের প্রশ্নের উত্তরে বলেছিলেন যে “এটা মূলত একটা কারেন্সি বা মুদ্রা ব্যাবস্থা। এটা দিয়ে অপরাধ করা হয় বলে আপনি এটা কে দোষারোপ করতে পারেন না। এটা দিয়ে যেমন ভালো কাজ করা যায়, তেমনি খারাপ কাজ ও করা যায়। এটা ডিপেন্ড করছে এটা কে ব্যাবহার করছে। সুতরাং একটা মুদ্রা বা কারেন্সি কে দোষ না দিয়ে, এটা কে ব্যাবহার করছে এবং কি কাজে ব্যাবহার করছে, সেটা মনিটরিং করা উচিৎ। আপনাদের কি মনে হয় না যে টাকা দিয়ে মাদক কেনা হয়, টাকা দিয়ে জুয়া খেলা হয়, টাকা দিয়ে মানুষ খুন করা হয়, তার মানে কি টাকা কে আপনারা নাজায়েজ বলবেন? প্রত্যেকটা জিনিসের ভালো এবং খারাপ দিক আছে।

দুনিয়াতে অস্র তৈরী করা হয়েছে মানুষের জানমালের নিরাপত্তা দেয়ার জন্য। শত্রুর মোকাবেলা করার জন্য। এই একই অস্র ব্যাবহার করে মানুষ খুন করা হচ্ছে। অবৈধ কাজ করা হচ্ছে। এখানে আপনি অস্রর দোষ দিবেন? নাকি এটা কে এবং কি কাজে ব্যাবহার হচ্ছে সেটার দোষ দিবেন? বিটকয়েন যদি নাজায়েজ হয়, তবে টাকা বা অস্র কেনো নাজায়েজ হবে না, আমাকে সেটার ব্যাখ্যা দিবেন দয়া করে।
1900  Economy / Economics / Re: Has everyone become too pesimistic about the economy? on: June 26, 2023, 03:39:02 PM
- That the Russia - Ukraine war will not escalate into a European war

You might disagree with me. But world war three has started already. It's we who do not pay enough attention to it because it's not a new thing. We show sympathy when something begins, and then we start to forget everything when it's started getting a bit old. Several war has been running for a couple of years we ignore them.

Who powering Russia in private? Do you think it's only Putin who doing this? Do you think he doesn't have supporting countries? There is a cold war happening in private and you don't know about that. This is not as simple as it looks like. I am expecting those wars will end up slowly and economy in every county will recover slowly.
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