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1901  Economy / Collectibles / Re: [DAILY FREE RAFFLE] 424th ฿ECAUSE I AM STILL IN A GOOD MOOD FREE CRYPTO STAMP! on: December 16, 2019, 02:03:51 PM
54 - Stedsm
1902  Economy / Gambling discussion / Re: 🏏🏏 Mutual betting & MutiBet IN SAME MATCH discussion & active Markets 🏆 on: December 06, 2019, 02:53:40 PM
Can I bet for the second match right now here or do I need to wait for your announcement for that? I'm excited I found this thread.

I am a bit confused about something, the idea of mutual betting here is like, the more members support a single bet, the less we will get in winnings as it will be split between the winning group based on the value of their bets, right?

Will my EV be higher if I go for these bets rather than going for single bets on websites like Sportsbet? This is more like that bitbrawlers game I placed some bets on.  Cheesy
1903  Bitcoin / Bitcoin Technical Support / Re: setting up a new node on: December 02, 2019, 06:14:51 PM
If you are technically sound to various terms here, I think this should be your best bet here - https://medium.com/coinmonks/how-to-set-up-a-bitcoin-full-node-3-4-52d108e48822

That is the best article with almost every single information you need to get an in-depth view into running a full node successfully.
1904  Bitcoin / Bitcoin Discussion / Re: Why Satoshi hides his identity? on: November 29, 2019, 11:25:03 AM
If you knew you are a star, a virtual star and has a lot of fame but nobody knows you personally because you've kept yourself anonymous since your childhood and even during your stardom by not sharing your identity with anyone, I believe the crisp of this anonymity is really mesmerizing and I don't think you or anyone (like Satoshi) would want to break it down. Maybe Satoshi is scared that his invention would suffer if he shows up as crypto is all about privacy, so he is not interested in exposing himself yet?
1905  Local / Off-Topic (India) / Re: [Indian Edition] How did you come up with your username? on: November 27, 2019, 01:32:05 PM
May sound critical (or even a sob story) but I never thought I'd be discussing this truth here.
I had a friend, a best friend, actually a brother from another mother whose name was Sted. He always remained kind, stopped me whenever and wherever I was wrong and helped me a lot whenever I needed him. Then, one day, we encountered that he's got brain tumor. I was dead-shocked to a level I can't determine, but he was too much into living his life at its fullest that he taught me a lesson, never give up even if it's about you taking your last breath, you can even conquer death if you believe in yourself. These were his last words, after that, he went to Operation theatre and what came outside was the body without the soul of a great guy I always wanted in my life as a big bro forever. His name was lucky for me everywhere (I used to create accounts on his name to remember him forever in my mind and soul). But while registering here, I knew that anything that has an effect over everyone's life has three letters added ahead, like Nazism, Buddhism, Hinduism, etc. But I didn't want it longer and needed something unique, so I finally removed that "i" out of Stedism and made it Stedsm instead, short, unique and effective. I love to influence people's opinions and his name was the only thing I needed in my life to remember him and spread his "Stedsm" everywhere. I believe I've got this name seen and remembered at least once by most of the forum users here.
1906  Other / Meta / Re: The Bitcoin Forum is 10 years old! on: November 22, 2019, 11:59:18 PM
Happy 10th Anniversary Bitcointalk! I've created something for all of us, I hope you'll like it.

A little bit shitposts
             a flickery flock spam
Did nothing constructive
             were put on wall of shame
Some extraordinary posts
             got fascinating fame
A lot of appreciation
             among lots of traffic jam
Talking a lot here
             as I've got a new fam
We all are Bitcoiners
             and Bitcointalk is its name
Decade we did altogether
             many more years to come
Love to innocent guys
             scammers get hatred some
1907  Economy / Exchanges / Re: [GOOD NEWS] Time to switch from LocalBitcoins to LocalCryptos [NO KYC] on: November 22, 2019, 11:42:01 PM
Even if the charges are quite low for the maker and even the taker pays less here, there's not much difference if you check the prices. At Localbitcoins, if you sell your BTC, the max you can get is INR 549k while at localcryptos, you will get a deal of max INR 528k (checked both at the time of writing this). And it's not that I've seen this just today, but the difference had been since the announcement and it kept continuing. Those who believe LBC gives premium rates, please talk to my ✋, I've seen much better prices to sell BTC at InstaShift. The difference between prices, i.e.; 549k - 528k = 21k comes around 4% of loss if sold at localcryptos. Well, it's completely your decision to go for either of these exchanges but I guess I've given you a brief idea on the major difference here.
1908  Bitcoin / Bitcoin Discussion / Re: Blockchain is not Bitcoin on: November 22, 2019, 11:21:55 PM
The facts - There is literally a sheer difference between Bitcoin and Blockchain. Bitcoin being a "global currency" has strong technical aspects being the major one, but when it all began, we needed something for it to rely upon. Blockchain is the backbone of Bitcoin that can be trusted as a whole network of people who trust it in order to believe in Bitcoin. You can say that if Bitcoin is a train, Blockchain is the track on which it runs; if Bitcoin is a lock, Blockchain is the key to open it. Bitcoin relies over Blockchain in order to get ahead securely. About China's new shit spitting regarding Bitcoin, I see them trying to lash up on the current situation and make fun of us, the ones who believe in it.

No, I don't see BTC to be illegal, because trust is one of the major things it has taught me. Okay I know that there are possible chances of getting scammed by almost anybody anywhere but that simply doesn't limit itself for crypto alone. What about these countries who are making fool of people in the name of security and clamp down a lot of money (their own currency in reserves) for their personal future uses? At least BTC can be publicly seen due to Blockchain being transparent (though there are mixers, but I don't think each and every one of us are aware of it but few), thanks to such system it can be traced somehow, but what about the Black money (money without any records) that they've kept in foreign currencies in banks abroad? Can it be traced by someone like us, except Govs? NO.
1909  Other / Beginners & Help / Re: Just a little something about secure passwords. (Wallets & Online services) on: November 21, 2019, 11:45:19 PM
While you're all talking about using secure and strong passwords, I'd like point out something different here. Don't ever use your web browser's suggested passwords and/or any web services that claim to give strong passwords because if you have your email compromised ever that you've used in it to sync everything, trust me you'll cry later why did you do that as it'll reveal almost each and every one of your saved passwords in your web browser, and in the case of web services password creations, you'll have all your strong passwords leaked except if you've 2FA enabled (although if it is email specific, then there's no point talking this).

My suggestion is to use a unique password for each and every website that you use because if you relate the same password at one or more websites and if any of them get hacked, chances are you may face multi-hacks if the hacker is smart enough to sense the websites you've put those passwords at. Another good advice is to use super-strong passwords, by saying that, I literally meant super-strong. Even if you don't want to follow any seed or 3-4 words and create a sentence considering you've got remembrance issues and you don't like long passwords, go for one with a mix of almost everything you see available on your keyboard, trust me it's not just limited to characters and numbers, but a lot more different things like special characters, characterised smilies and even more mathematical symbols than just numbers. Lemme show you how I create passwords for myself and you may get some idea -

#₿!1¢0!π1@|[{∆
:*'($#!1@01π*\0/*

I hope you got the idea there, and are smart enough to get what I've written here in those passwords. Wink
1910  Other / Beginners & Help / Re: [WARNING] Newbies, do not click links blindly. on: November 21, 2019, 10:44:34 PM
Watching this and many alike threads, it shows people do really care for each other here no matter where we come from. We always need to be cautious while clicking on links and even watching anything over the internet as sometimes, when you visit a website you're not intended to and during the time you check out the website just because it looks eye-catching, the website can fit a malware behind in order to be use the whole computing power of your PC and even smartphone and it starts mining through the same which is commonly known as cryptojacking. More info here - https://www.csoonline.com/article/3253572/what-is-cryptojacking-how-to-prevent-detect-and-recover-from-it.amp.html

You should always remain aware and active if you don't want to get messed up with shitty issues like these. Always be known to these things to keep your crypto safe forever.
1911  Local / India / Re: FAQs Regarding Bitcoin's Status in India | Newbie's guide on: November 21, 2019, 05:40:20 AM
Apart from mention of Crypto in remarks, bank can also get customer data from exchanges directly or indirectly (through agencies). This is why it is better to avoid centralized KYC exchanges for FIAT to Crypto conversion or vice versa. Exchanges like HodlHodl.com, LocalEthereum.com and local.Bitcoin.com enables one to trade without providing KYC to a centralized repository.

If that's the case then I think it's wrong because it clearly indicates that the exchanges are selling user data to banks.
I don't think this must be the case because by doing this, exchanges are losing their own customers so why would they do something resulting in their own losses ?
Despite all of this, if exchanges are selling user data to banks then it's better we stay away from such exchanges.


December 14, 2017: Income Tax department conducts raids at nine Bitcoin exchanges across India

Feb 9, 2018: India’s Tax Department Is Sending Notices to Crypto Investors

Can you please connect the dots?

It's obvious that if you'd be raided, you'd either try to settle things down the roof by trying to bribe the officials (not the higher ones but those who come to raid you), or you'd just show all the details to get your side safe while fucking the privacy of all those who trusted you while dealing with you. This actually kills TRUST between people and big institutions, but the problem here is, after these consequences such people (who believe they were betrayed) go and try their hands on direct P2P trading where the chances of being scammed are relatively higher than being scammed while dealing over an exchange. And when it's crypto which caught a lot of heat not just as a talkative debate but an extremely trending topic being discussed in a country, it was obvious that the raids were going to be conducted. Still, these are not just exchanges but their own finances too which gave these raid guys a clue about their possible dealings in crypto.
1912  Economy / Scam Accusations / Re: user sardasa acc may be hacked (telegram hacked) on: November 20, 2019, 03:29:31 PM
His message on the email I sent to him.

Quote
Yep. It has been hacked.
I got that blocked within few minutes of receiving the password change email and asked recovery team to recover my account but they have not responded yet.
It's been 4 days now.

And tagged the account for the meantime.


Yeah, the same was the response to me via his main telegram @sardasa





An extremely important advice from sardasa himself not to trade with that scammer.
1913  Local / India / Re: FAQs Regarding Bitcoin's Status in India | Newbie's guide on: November 20, 2019, 12:00:10 PM
Trust me, from what I've experienced and even personally heard, they used to give a reply like - "Arre bhaisahab, agar hum itne padhe likhe aur technologically sound hote, to Police me thode hi hote, yaha m**vane me hume koi maza nahi aata. Ye Bitcoin shitcoin humari samajh ke bahar hai, agli base aana mat warna tumhe hi andar kar denge." This happened to me when I was scammed by a Localbitcoins trader who didn't send me the money after me sending him the money first. That was a stupid mistake by me in early 2017 and I caught ears not to go to Police ever to get anything resolved.  Lips sealed
You should contacted cyber crime headquarters not the police station where they have no knowledge about anything.

Actually there are some laws available in India as well against bitcoin or crypto related scams.

The problem here is that, we are ourselves scared, and even if we aren't, we are feared up hard like it's us who committed the crime itself and we're the only suspect, we're the one accused and we'll only be put behind the bars. So, when seeing that Police, who are given the utter authority to serve for the security and welfare of public, are showing their true colors this way; then at that time, I thought that there's none here left to help me out and I took the loss as it is and moved on. The problem here was, I was alone here and not a group of people who got scammed from a Ponzi called bitcoinnect and that scam was big enough to give these bastards the "masala" they always look for in order to do anything against a thing they don't even know about, but are forced to dislike it.
1914  Local / India / Re: FAQs Regarding Bitcoin's Status in India | Newbie's guide on: November 20, 2019, 09:41:22 AM
Yeah, same is the case of drugs. Drugs are illegal, but there is reasonable demand for it. And if you have the right contacts, you can deal them until you get caught  Tongue
Please note that I'm not comparing Drugs with Crypto, but if anything is banned by the Govt, whether it has huge demand or not, dealing with them is illegal as per law and will be punished accordingly, if caught (punishment can be evaded in India  Tongue).
If you are asking whether I'll be quitting crypto just because of a ban, no I am not.

--snip--

Yeah, but drug dealings have their own limitations because it includes manual intervention there and even if a single clue gets touched by the hands of officials, it can clear up the complex kink and get many big dealers under the radar (except in cases where Tor, Dark web and other dark resources are used with utter care). Same is the case with Bitcoins that -

i. when used through many addresses rather than sticking to a single address
ii. not revealing that you have any crypto in your possession
iii. using VPN resources which would never reveal your private sessions
iv. set up a channel (not speaking about LN) outside your country and use an app like telegram in order to contact your dealers

Can really save you from bad consequences while keeping you outside the radar of Gov Officials.



--snip--

Ques 6: Does this means if I my cryptocurrency are stolen Police won't do anything?
Ans 6: The truth is that Police has the responsibility to find out anything stolen from you which is valuable to you and valuable in General. But considering the practical image of Police, you might have a really hard time complaining and finding out any stolen cryptocurrency so obviously TRADE with CARE.

--snip--

Trust me, from what I've experienced and even personally heard, they used to give a reply like - "Arre bhaisahab, agar hum itne padhe likhe aur technologically sound hote, to Police me thode hi hote, yaha m**vane me hume koi maza nahi aata. Ye Bitcoin shitcoin humari samajh ke bahar hai, agli base aana mat warna tumhe hi andar kar denge." This happened to me when I was scammed by a Localbitcoins trader who didn't send me the money after me sending him the money first. That was a stupid mistake by me in early 2017 and I caught ears not to go to Police ever to get anything resolved.  Lips sealed
1915  Local / India / Re: FAQs Regarding Bitcoin's Status in India | Newbie's guide on: November 20, 2019, 06:25:42 AM
If India bans crypto, then dealing cryptos in India will be illegal even if you hold an Estonian e-residency card.  But you can cash out your crypto in Estonia, I guess (but I am not sure about it). Maybe 100bitcoin can throw some light on his suggestion.

Isn't it true that whichever country's citizenship is held by you doesn't matter in crypto even if it gets illegalized and banned here in our country or anywhere? People still need people who are interested in buying it and give you its worth and if you have them, that's it. You can simply sell your Bitcoins to someone sitting in Spain and ask him to send you the money through any freelancing websites via posting a project there and hiring you. That'll be the best way for anybody (except for those who trade higher amounts like 10-100 BTC and even 500 BTC on a daily basis). But those who trade such big amounts of BTC have already spread their business to a level that they've kept their safe side even if crypto gets banned here.
1916  Economy / Scam Accusations / Re: user sardasa acc may be hacked (telegram hacked) on: November 18, 2019, 08:38:51 AM
I believe the account has been compromised there because the one I used to be in contact with was @sardasa himself over telegram and not the one you've mentioned about. @Nel0der seems to be that hacker's telegram ID, and it's better not to conduct any trade with anyone over telegram (except a few ones whom you know personally) as even highly reputed members have turned out to be scammers here and there. Go for escrow and if anybody, trust me, anybody refuses to go for one, you should immediately get a sense of their possibly bad intentions there.
1917  Bitcoin / Bitcoin Technical Support / Re: Wrong wallet address recovered with backup mnemonic on: November 17, 2019, 03:55:34 AM
hello,Recover the wallet with the backup mnemonic, it can be restored normally in the electrum, but the recovery is no money, nor the previous address.
how to solve this problem?
Request support!

Could you be more specific gow you got the mnemonic? Different wallets have different derivation parths and therefor different addresses.



I believe that mnemonics work the same way and should give same addresses no matter which wallet they were derived from?!?  Undecided I can understand that BIP39 and other types of protocol based addresses may/may not be fetched in some wallets which do not support such types at first place, but I do agree to your derivation paths statement there.
For example, I tried to use Electrum before and tried my hands on Mycelium, exported the seed from Electrum and used the same in Mycelium and imported, worked properly for me and gave me the correct address(es), although some were missing as it only fetched me the addresses that were used in Electrum.
1918  Local / India / Re: Many countries have cautioned on rushing into crypto currencies, says Sitharaman on: November 15, 2019, 11:36:53 PM
You didn't read it quite carefully, it was all mainly focusing over Facebook's Libra and they have reflected their impedance for that as that was the talk of the debate. I think Sitharaman Mam needs to go to some Blockchain summits in order to understand how it all works, rather than just listening to other countries on a serious matter that is taking over the world and not just India. Didn't Rajeev Gandhi think about the consequences India would have after bringing new technologies to India? And he brought it here and saw the change, actually he was the change. Someone here needs to step in to be the change if they expect it to happen because this Gov is too much controlling us that we even need to ask them before taking a relieved breathe here.
1919  Local / India / Re: Crypto Ban Draft Bill Excluded From Upcoming Parliament Session on: November 15, 2019, 11:21:35 PM
Crypto ban draft bill has been excluded from it.
I feared supreme court would keep delaying the case and ban  bill would be passed directly. Thankfully, it won't be the case (at least for a while).
Is it even possible to come up with a bill to ban the entire market when the case is open in the supreme court, do not expect the supreme court to come up with a verdict anytime soon, the judicial system in India like to test everyone's patience and when all the companies that got affected by the decision plans to shut their business and move on to other countries you might see a verdict.
 

Well then, that would be like striking a hammer on their own foot (the judicial system I'm talking about). Once migrated, it wouldn't be that easier for these businesses to come back and I believe these SC and Gov officials really need to take crypto seriously and talk about it rather than throwing it in the hands of some 5-10 or maybe 20 members' panel, I mean who the hell are these panel guys and how can they decide the destiny of both Bitcoins and millions of Indians using it? Straight ban would be shit IMHO and if it's all about democracy here, ask them to simply take out a poll and ask for votes of people and why they need/don't need BTC to be used and accepted here. Straight banhammer would be like they are the King and forcing their decision on us, why don't they think that this will only increase dark trades and they won't be able to trace them if people know more about security measures they can take to remain private?
1920  Bitcoin / Bitcoin Discussion / Re: Bitcoin is wasting electricity and are harmful to the environment.. Yea right!!! on: November 15, 2019, 11:03:53 PM
I haven't seen any devastating effects of Bitcoin mining towards environment so far but yeah, in some instances, I agree to @franky1 that hobbyists are those who want BTC to go PoS in order to pack their bags (but I guess they won't even be able to do that as well) and earn on interest, but then the whole mining scheme of BTC would get into a dilemma as all those big wallets holding lots of BTC would need not to do anything but just lock it there alone and earn compounding interest over that. Those who mine with 1 or 2 or even 5 ASICs need to understand that if they try to use solar energy, it'd save a lot while consuming less artificial electricity compared to naturally generated electricity, not only would that save these guys a lot of electricity but this will promote more money making and less power consumption as well as least pollution.
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