snip
Didn't notice that there were new replies on the thread. Honestly, I don't believe that it has to do anything with Taiwan, I've heard it in the past, thus I wouldn't completely rule it out. I don't trust the Chinese government at all, they could have prevented the crisis of March 2020, but decided to hide it. I have an old acquaintance of mine in Shanghai, he's married there, and as I've seen from his post, he's claiming that the measures are worse than those in the start of the pandemic. So it's worse there? Well if it's a new variant then they better do good job keeping it in there. Although they do seem to be taking draconian measures. Just saw a vid of man still alive in a bodybag. Unfortunately, I can't post his photos, since they are personal, but the situation is pretty bad. They are forced to stay inside at all times, while going outside comes with strict time restriction (a few minutes at most), wearing a full protective suit, from head to toe, similar to a spacesuit, for specific very specific reasons, such as picking up necessary rations etc. It's astonishing. |
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Thank you for your response, I hadn't thought myself that it was possibly encrypted, however, I'm prepared for the worst case scenario, thus, I'm not getting my hopes up nor am I excited. I'm suspecting a wallet which did have a small balance inside, it could be this one. At least make sure you backup the wallet file and all relevant information (e.g. hint of the password, when it's created). You also might want to make a raw copy of your HDD. It's possible you could find way to restore it in the future. Unfortunately, I tried setting up Electrum and using the specific wallet file but it failed to open it.
What exactly do you mean by failed to open? You don't know the password? Electrum say it's corrupted/other error message? I'm trying to load the file, but Electrum freezes for approximately 2-3 minutes. Tried both wallet files, but the same thing occurs. It stops responding, shortly after an error message appears claiming that it has failed to read the file. Is there any chance that it would be a different kind of wallet, such as Ethereum for instance, and hence the reason it's not reading it? On the other hand, chances are that it's simply corrupt. Edit: Just recovered the BitGo wallet, it's empty  |
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snip
Anything that China releases to the rest of the world is intentional. Any "zero covid" strategy is not going to work. There are simply too many reasons for which humans much interact with each other in order to survive. I agree that any numbers released by the Chinese government should not be trusted. It is possible that China is intentionally messing with supply chains to make it more costly to sanction them once they decide to invade Taiwan. If they really are doing this, then they better start with the invasion quickly. Supply eventually expands to meet demands. It can get to the point where by restricting your own supply it'll encourage production elsewhere. snip
At this point, I wouldn't be surprised with anything. I'm certainly not a conspiracy theorist, however, there are more than a few instances that China has been found hiding evidence and information. As I've mentioned in older posts, they've also hid information from WHO, regarding SARs in the past and now with Covid-19. I haven't been paying much attention to China lately, due to the Ukrainian war, however, I highly doubt that something is going to change for the better. Conspiracy or not I guess we can all agree that the Chinese government is pretty opaque. It also doesn't help that we know what they want - more power - and there are less restriction on what they would be capable of. Didn't notice that there were new replies on the thread. Honestly, I don't believe that it has to do anything with Taiwan, I've heard it in the past, thus I wouldn't completely rule it out. I don't trust the Chinese government at all, they could have prevented the crisis of March 2020, but decided to hide it. I have an old acquaintance of mine in Shanghai, he's married there, and as I've seen from his post, he's claiming that the measures are worse than those in the start of the pandemic. |
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Thanks to HCP and the previous posters, I downloaded Hexinator again and tried reviewing the file, however, it looks corrupt to me. Can someone more experienced confirm, and if it is, can anything be done to restore it?  Looking at the name of file, most likely it's wallet file for Electrum (and it's forks). Newer Electrum encrypt everything by default, so it's hard to guess whether is corrupted or not. I know Electrum has magic bytes to identify what kind of encryption is used[1], but unfortunately i don't where Electrum store it's magic bytes. [1] https://github.com/spesmilo/electrum/blob/6650e6bbae12a79e12667857ee039f1b1f30c7e3/electrum/storage.py#L135-L145Thank you for your response, I hadn't thought myself that it was possibly encrypted, however, I'm prepared for the worst case scenario, thus, I'm not getting my hopes up nor am I excited. I'm suspecting a wallet which did have a small balance inside, it could be this one. Unfortunately, I tried setting up Electrum and using the specific wallet file but it failed to open it. |
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Hello there, Wasn't intending to unbury such an old thread, but since I've already created one in the past for the exact same issue, I decided not to open a new one. A few days ago, I stumbled on a few HDDs when clearing up old cabinets, along with my long-lost external HDD case and decided to have a quick look at one of the drives, which could have possibly had a wallet in the past. Hooked up my drive, everything was running smoothly, didn't find anything interesting related with cryptocurrencies, so I decided to run Recuva.  After an hour or two of scanning, I found and restored two "default_wallet" files and one BitGo keycard, which I'm in the process of recovering the account. First and foremost, though, I wanted to fiddle with these two wallet files, which appear identical. Recuva is claiming that there were no overwritten sectors and the file appears in excellent condition, I have my doubts. Thanks to HCP and the previous posters, I downloaded Hexinator again and tried reviewing the file, however, it looks corrupt to me. Can someone more experienced confirm, and if it is, can anything be done to restore it? |
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supposing you're not using your Bitcoin, and it's just sitting in your wallet, would it be something that you'd opt for?
Yes, why not? If only I don't use my bitcoins regularly I would have tried staking long time ago but sadly I haven't yet since there are much important uses for my bitcoins than simply idling it in a wallet or to a website. The pay for busd is much higher compared to btc but I understand that you only have a btc however you can always trade your btc for busd and start using that busd vault. The decision is still up to you, if you still prefer btc over any other coin you can stake it and receive a much lesser return. I guess that is better than receiving nothing at all? If you have some extra btc on your other accounts outside binance, you can deposit it because I heard that the more coins you stake, the more the rewards you're going to get. I'm using other platforms to stake stablecoins, such as BUSD, UST etc. Despite BUSD having the highest APY in Binance's option, that's not the point though, I want to maintain my BTC as BTC, staking them would be an option to keep my money as Bitcoin and earn some more in the process. Exchanging to BUSD or any other coin just to earn $30-40 in a 2-3 month period is certainly not worth the risk exchanging my Bitcoin, since in a month or two, its value could possibly increase by $5.000, which would certainly bring a way higher profit than a mere 13% in staking. |
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I've also found one more BTC address, containing a few mBTCs, but its private key or seed phrase was nowhere to be found.
If you have not deleted something irrevocably, there is always hope that you will find it. I was convinced that I had lost several hundred altcoins I had collected by solving a captcha (Nano), but then I found a seed that was stored on an old USB stick - the value at the time was a few thousand $. Unfortunately, I highly doubt it, there's also a slight possibility that there was a wallet saved in a USB drive which was lost a few years ago. However, it's worth a try to recover old deleted files in an attempt to find lost crypto. You can never be too certain. I'm currently on a treasure hunt, part 1  |
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It's certainly not worth the risk, that's also my opinion, but I was mostly curious to see what others think of it. If we divide the 8.19% APY with 365 days, equals 0.0224% daily yield. Multiply that with 60 (which is the default lock-in period) and you'll get the 60-day yield in percentage, which equals 1.344%. Thus, supposing that someone locks 0.10 BTC for 60 days, he'd get 0.00132 BTC in return (1.32% of 0.1) which is about $50.
If I'm not mistaken, freebitco offers the possibility of withdrawing funds within 24 hours of the first deposit, which means that in this case there is much more flexibility in the sense that each user can withdraw their funds at any time. Although the interest rate is half as low, such an option somehow seems safer to me, although it is a very subjective opinion. In your example and a deposit of 0.10 BTC and a time period of 2 months, the earnings are only $50, but if you want to withdraw from the exchange, about half of that profit would go to the service fee - because even though the service is provided by a third party, all deposits/withdraws take place through Binance? FreeBitco.in doesn't have any lock-in period as far as I know, thus, you're free to withdraw whenever you want. In Binance however, unless you opt for a flexible lock-in period, which provides you with a terrible APY if you do, you're pretty much with locking your money for a while. In the best case scenario, that's for 30 days in some altcoins, 60 for BTC and 120 for ETH and BUSD, which is way too far-fetched. I'd never hand them my money for 4 months, that's outrageous. |
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You already mentioned it that you have some spare bitcoin which your not using and besides is an increment to you. I would actually say you should try look into other trading platform, I mean other exchangers to know their APY maybe you could have more value over there to Binance exchange.
Spare bitcoin seems spare only for some time until money crunch comes in.  I am sure the OP already knows the problems of giving the control over coins to a third party. Staking is something that became popular in the post-ICO era parallel to stablecoins. To be honest, I have invested in the cryptogames bankroll investment with coins that I could spare at one time and the return was good, unfortunately I could not continue because CG has shut down this feature. I would say that if one is feeling like taking the risks they can go for it, but invest only that much money that they can afford to lose. Freebitco.in is a reputed site with a long history, but the chances of getting hack are as good as Binance has. This is completely a personal choice. On this forum it might seem like most of the users are red-pilled to not invest in this. But in reality, this service is being used by many users, who dont visit this forum.They are offering the service for a reason, as you've said, if it wasn't used, then it wouldn't be offered. Anyway, we're talking about the "Staking" section on Binance, which in Bitcoin's case, is offered through the Venus, so hypothetically, I can find the same vault in the Venus platform. The APY it's offering is at 8%, supposing you're not using your Bitcoin, and it's just sitting in your wallet, would it be something that you'd opt for?
Anyone who understands what Bitcoin is, would never accept any offer of this type because it nullifies everything that Bitcoin exists for. 8% is tempting given what traditional banks offer today, but with the aforementioned, the risk of an investor running out of everything is something to consider. In addition, the chance that you will earn more just by keeping BTC in a non-custodial wallet is quite high, although here of course there is a difference in possible profit expressed in fiat - from getting your BTC + 8% more after a year using such services. FreeBitco.in also offers a savings option, providing you with a 4% interest on your BTC deposits. I currently have a small amount of BTC and was wondering if it would be any of worth staking my BTC through Binance (8%), since I'm not actively using it.
I also have a smaller amount on that faucet and get low interest per day, and that's the only way I put my BTC at some risk. Yet it is something else entirely, and I could survive to wake up one day and that faucet no longer exists. The same thing also applies to any coins you'd be staking, however. 8% isn't that great of a deal, that's for sure (8.19% to be exact), in order to risk your Bitcoin. Similarly, if something happened to Beefy for instance, or any similar decentralized platform, we'd be screwed too. It's certainly not worth the risk, that's also my opinion, but I was mostly curious to see what others think of it. If we divide the 8.19% APY with 365 days, equals 0.0224% daily yield. Multiply that with 60 (which is the default lock-in period) and you'll get the 60-day yield in percentage, which equals 1.344%. Thus, supposing that someone locks 0.10 BTC for 60 days, he'd get 0.00132 BTC in return (1.32% of 0.1) which is about $50. |
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Yes, loaning money increases liquidity for the bank/casino/whatever, so staking is a thing as long as money is a thing. I knew that Binance offered such an option, however, I never bothered to investigate much further. What you've neither bothered to investigate is which exchange you should use. Even if you had no idea what's a decentralized exchange, neither of the disadvantages one does have with centralized exchanges, why don't you use another exchange? It is known that Binance charges extremely high fees, about 100 times more than it should, for no fucking reason. They're perpetually ripping you off. And there's more than money; read the link. I'd appreciate any advice from more experienced users, thank you in advance. There's nothing serious to be said in here. If you hand out your money, they're no longer yours. Sure, 8% APY is a sweat profit, but that's until the casino/exchange bankrupts, disappears, gets hacked, pretends to have got hacked etc. This doesn't sound a good deal to me. You misinterpreted what I mean, the reason I never bothered to check Binance was because I haven't used a decentralized exchange in the past 1.5 years, my Bitstamp account even got blocked for inactivity and failure to verify my account. Binance on the other hand, used to have 0.10% in trading fees, I don't know if that changed, but 1.5 years ago, that was way lower than Bitstamp's. I'm only using DeFi platforms to stake, such as Beefy, and decentralized exchanges such as 1inch, Bisq or Pancakeswap. Ολά Good 🇬🇷 |
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Hello there, A friend of mine reached out to me yesterday about Binance's staking options. I knew that Binance offered such an option, however, I never bothered to investigate much further. My friend wanted to opt for the BUSD vault, with a current APY of 13.3%, which isn't too bad, although, what caught my attention is the option to stake Bitcoin. The APY it's offering is at 8%, supposing you're not using your Bitcoin, and it's just sitting in your wallet, would it be something that you'd opt for? FreeBitco.in also offers a savings option, providing you with a 4% interest on your BTC deposits. I currently have a small amount of BTC and was wondering if it would be any of worth staking my BTC through Binance (8%), since I'm not actively using it. I'd appreciate any advice from more experienced users, thank you in advance.   Supposedly, Binance offers this staking option through the platform of Venus, we're not talking about the Savings section of Binance. |
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From day one, I thought it was important to keep all private keys or wallet.dat files, even if I stopped using them at some point. I didn't do it because I thought someone would send me something by accident, but because I considered it my personal property. I use one of these addresses even today after 7 years and let’s say it has sentimental value for me.
Some others would certainly like to have thought similarly, because there are a lot of them who have lost their private keys and everything that those keys controlled.
Stupid dum dum used to save them in Windows notepad when I was a lot younger, only to proceed and lose them some time later. I'm pretty certain that I've lost more than 3 wallets that way, one of which was a Dogecoin one, containing a few hundreds of Doge, never to be recovered, despite my attemps several years later. I've also found one more BTC address, containing a few mBTCs, but its private key or seed phrase was nowhere to be found.  Edit: Found one of the two wallet addresses on an email https://dogechain.info/address/DU2i9qvUdThnSJQcrsh5u3rUNDKEBpzAaa |
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Hey Guys, talking about my Title above and talking about Bitcoin. Basically Bitcoin is the only coin that is in great demand by people who plunge into the world of Cryptocurrency, even very many people are looking for a way and looking for ways how they can get this Bitcoin, of whom there are those who do Mining, Trading maybe is also included, maybe Bitcoin investment is also included, here we all know about this Bitcoin price, in the past few months Bitcoin price ranged at $ 63k.
Talking back about my discussion above, in the past few days I saw Bitcoin is experiencing a continuous decline in value, what is the reason? and is this the beginning of its destruction? and do you think all Bitcoins will recover with a comeback?
Thank you <3
See mate i can really understand your concern and stress. But you need to understand one thing, that Bitcoin follows the trend of supply and demand. If the demand is more and the supply is less, then the price rises. In this case the traders are selling their bitcoins, or you can say more amount of Bitcoins are sold. This is the reason for which the price is fluctuating. Hope this helps you OP to understand the matter a little better. It's not that simple as you describe, similarly to the stock market, price fluctuations happen for a variety of reasons. For instance, the whole financial depression due to the Ukrainian war isn't helping, everything is susceptible to volatility now, from commodities (Oil, grain, gold etc.) to stocks, and even cryptocurrencies. On top of that, the stock market is actually correlated with cryptocurrencies, thus, if one of them is impacted, the other is too. You can actually see that the volume is higher than it was in May 2021, yes, it had peaked during the new all-time high in November, but the volume hasn't decreased as much as you're describing it.  |
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It's an undoubtable fact that Russia has disrupted the oil and gas market. Before you get started, I know, gas prices were already high enough before the Russian invasion, however, now they've skyrocketed, not to mention that due to the war, Crude oil surpassed all-time high records of many years, within a matter of time.
As a result, due to embargoes and the whole situation, Russia is selling discounted oil to Asian countries (thus, they're not that much affected by the sanctions), while Europe has to pay extravagant prices, without having a feasible solution planned.
The Europeans are shooting themselves on foot. Russians are also losing out, as they are being forced to sell oil and gas at discounted rates. On the other hand, the OPEC bloc as well as the Americans are gaining, as they are able to make good profits out of this situation. Crude oil prices have gone up by almost 200%, while the natural gas prices have gone up by 6-7x. Russia may ship more oil to countries such as India and Indonesia, but there is a lack of availability of large tankers to carry this oil. Certainly, this is an adverse situation for both sides, however, as you've also mentioned yourself, Europe (mostly its citizens) is suffering the sanction's repercussions a lot worse than Russia, in terms of Crude oil prices at least. To be honest, I don't remember having such excessive gas prices here, for the past 10 years, taxes play a huge role in our case, but barrel prices have skyrocketed, achieving a new all-time high. |
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I've recovered three old Blockchain.com wallets one or two years ago, to be honest, I wasn't sure what to do with them anymore. They weren't used anywhere important, thus, junking them is the most likely option. However, the wallet corresponding to the address I have on my Bitcointalk account, was inactive, due to moving my funds to an offline wallet (transfered from BitGo to Electrum) and was recovered a week or two ago.
To be honest, I never thought I would ever need that online wallet, nor its credentials anymore. It would have never crossed my mind that if sh*t happened, I could potentially need it.
Thanks
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All the boys, let's go. Another "victory" for Russia, with another shot in the foot  1. 2 countries from now on stop buying (receiving) gas from Russia and paying them accordingly. Minus in the budget of Russia. 2. Until the launch of the new pipeline at the end of the year, Germany and Greece will help Poland and Bulgaria with gas. 3. Russia always loses another very loyal country - Bulgaria That's really "achieved the desired effect" with such an outburst, right!? It will just be necessary to write down all the "moves" of Russia, and release a 100-volume book called "How not to do business so as not to look like a complete idiot. Proven by Russia." I think it will be a bestseller! It's an undoubtable fact that Russia has disrupted the oil and gas market. Before you get started, I know, gas prices were already high enough before the Russian invasion, however, now they've skyrocketed, not to mention that due to the war, Crude oil surpassed all-time high records of many years, within a matter of time. As a result, due to embargoes and the whole situation, Russia is selling discounted oil to Asian countries (thus, they're not that much affected by the sanctions), while Europe has to pay extravagant prices, without having a feasible solution planned. |
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snip
Yup, it's getting worse and worse overtime, it's practically inevitable to have zero infections, thus, chances are that the quarantine measures will get stricter as time passes by, since cases are bound to increase, due to the very contagious Omicron variant. On top of that, the supply chain will be disrupted once again, it happened the last two years with Covid-19, it's happening now with the Ukrainian - Russian war, this is just the icing on the cake. Last I checked in the news the official deathtoll in Shanghai was around 20. Even with conspiracy theory that they were just locking up people to disrupt the supply chain (or refocus the industry for war in Taiwan and they don't want civilians running around), I don't buy those numbers. And we only managed to find out the situation in Shanghai, apparently they were locking down the same way throughout. The Philippine ambassador who just arrived from his home country died in quarantine in Huangshan and they wouldn't reveal the reason, which is telling. The man is in his 70s, if it's not a covid death they can just say so. At this point, I wouldn't be surprised with anything. I'm certainly not a conspiracy theorist, however, there are more than a few instances that China has been found hiding evidence and information. As I've mentioned in older posts, they've also hid information from WHO, regarding SARs in the past and now with Covid-19. I haven't been paying much attention to China lately, due to the Ukrainian war, however, I highly doubt that something is going to change for the better. |
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I think staking is more promising big profits than bank interest, as we know that the bank interest is very small, even in my country the bank interest bank is no more than 10% per year, while with staking then we can choose what we want from tens of percent to thousands percent per year.
10% per year? Sounds impossible for a bank on giving out annual interest for your funds stored on them..So i dont really believe on what you have said on here. Try to look on APY of these banks. https://www.investopedia.com/personal-finance/banks-pay-highest-interest-rates-savings-accounts/You could even barely see on surpassing 1% which basically shows that staking is worth but we know that risk taking decision would really be that crucial. It's astonishing that even the highest bank interest doesn't surpass 1% APY, while on the other hand, the minimum you could achieve with staking varies from 10-15%. I'm currently sitting at 11.50% (on Binance Smart Chain), which is quite low, if you take into account that there are options with way higher APY, over 20% on stablecoins, which is considered safe. |
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I think staking is more promising big profits than bank interest, as we know that the bank interest is very small, even in my country the bank interest bank is no more than 10% per year, while with staking then we can choose what we want from tens of percent to thousands percent per year.
10% interest per year? I have plenty of reasons to doubt your statement. A bank, in the best case scenario, provide you with 1-2% interest per year. I get a euro or two every 3 months from my bank, with a relatively decent deposit (not $1-2k). On the other hand, in the worst case scenario, staking stablecoins would get you an average of 15-20% APY. Personally, I had invested $1.000 in UST-BUSD, which is one of the lowest yielding vaults currently, and has already achieved a profit of a few dollars, within a week or two, something that's impossible with a bank. |
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