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1901  Economy / Economics / Re: Warren Buffett and His Expansive Explanation against Bitcoin on: May 05, 2022, 09:28:15 PM
People like Warren Buffett are very far from understanding the technical bitcoin possibilities (I am 99.9% sure that he doesn't understand how BTC works.) and the economic potential of BTC due to their age, way of thinking and old habits.
I think you're selling W.B. short there, because he's not only a legendary investor, he's an incredibly smart man as well.  He probably understands more about bitcoin than you think--and while he might not understand all of the technicalities, he really doesn't have to in order to form an opinion of it.

And yes, he's of another age but I'd suggest we not bash the man for not liking bitcoin.  To each his own, I say, and Buffett's track record speaks for itself (unlike most crypto investors about which we know very little in terms of their investing success).

I guess the only reason why Warren has to respond against Bitcoin over and over again are those selfish people who are still persistently bugging Warren to put some of his wealth into Bitcoin. And that's apparently for the sake of moving Bitcoin's price up. Why can't they stay still and trust Bitcoin's features?
Hear, hear (and to the other part of your post I snipped out).  Buffett has already made his opinion of bitcoin known, so I'm not sure either why people keep nagging him about it.  He's a guy who invests in businesses first and foremost, not currencies.  I wouldn't dismiss his view of crypto, but if I held it as gospel truth I wouldn't be on this forum--nor would any of the rest of us either.
1902  Other / Meta / Re: Post funny/clever usernames here on: May 04, 2022, 07:22:49 PM
Not so clever, but I always remembered fartbags' name and it was the first that came to mind when I saw this thread.  I didn't realize the account was so old until I looked it up just now.

Then there's Huge Black Woman if you like some very non-PC comedy relief.  Heh heh.
1903  Alternate cryptocurrencies / Mining (Altcoins) / Re: Anyone heard of Midas Mining? I can't read what's on their website. on: May 04, 2022, 05:23:39 PM
They aren't, why are you so stubborn? A USB stick miner is nothing more that a toy at best (eg Moonlander)
and a scam at worst. Claiming to be RandomX ASIC is pure scam. A RandomX ASIC is called a CPU.

I'm wondering if they're some kind of CPU on a stick
while I'd certainly seen USB miners like the Moonlander and Gridseed, the ones in these videos looked like they were mining Monero.

So you're not telling me anything new.  Your opinion is duly noted, so please don't keep ranting about whatever it is these things are if you don't know exactly what they are, because that's what I'm trying to find out.  Naim027 is looking into it, so we'll see what he comes up with.  You might be absolutely right, but you're not adding anything to this thread.
1904  Economy / Reputation / Re: Leave of absence on: May 04, 2022, 12:38:28 AM
Sorry this might be off topic but I have to ask, is this customary for one to create a thread like this when leaving the forum for a period of time to maybe prevent someone accessing the account?
It's definitely not customary, but it was smart of OP to do it and it'd be nice if more members who are going to take a planned break from the forum would create threads like this and sign messages when they come back.  Lauda and Vod both announced they were leaving, so that left no doubt as to why they aren't here, but I still wonder about members like TMAN and several others.  This might not be the closest-knit of internet forums, but if you're a regular here and suddenly you're gone, there are people who are going to wonder where you went.

Welcome back, OP.  I also hope you got everything squared away in life that you needed to--I won't go any further than that and pry, as I know this is a crazy time for all of us. 
1905  Economy / Economics / Re: What crypro / tokens has the most utility ? looks like all are useless on: May 03, 2022, 11:32:42 PM
Besides Bitcoin and Montero, I don't see any other crypto has an utility except money making.
Why even include bitcoin in that short list, since it doesn't even have half the privacy functionality of Monero?

If you were to look through my post history, I was saying years ago that 99.99% of altcoins are destined for extinction (eventually), and while I still think that's true, it's taking a lot longer than I thought it would.  Not only that, there seem to be more coins than ever coming into the market, and for the life of me I can't see what advantages they have over what's already available.

OP is right; most coins are only good for gambling--and by "gambling" I mean "speculating", because I don't think online casinos even let you place bets with some of the more obscure altcoins.  It's been that way since the first altcoins were introduced, and it doesn't look like anything's changing or ever will.  Instead of railing against how much crap there is on CMC, vote with your wallet and don't support shitty altcoins.  The only reason they exist is because people are willing to speculate on them, right?
1906  Alternate cryptocurrencies / Mining (Altcoins) / Re: Anyone heard of Midas Mining? I can't read what's on their website. on: May 03, 2022, 10:59:55 PM
I beg to differ. Even when you bumped the thread none of the replies included anyone who has ever used, seen, or even heard of it before.
I see a clear message in that.
I know I already responded to your post, but if you look at what's been posted here other than by naim027 you can see why this section sucks as a place to post a legitimate question.  People might not have heard about these mining sticks, but they're so busy posting for bounties that nobody (except naim027) cared to help someone out.

Example:
But volume is 0.00 BTC…so you can mine it but you cant really sell it or trade it.
I assume you've missed Monero altogether here.

Example:
Its plain stupidity to expect a USB miner to still be profitable in 2022, of cos this is suspicious activity, I am definitely going to believe that these miners are displaying wrong hash rates on mining pools, you will only get lucky if this miner supports a popular algorithm and also the coin you want to mine is brand new.
USB miners mining bitcoin or GPU-minable algos, yes, but this is a CPU-mining algo we're talking about.

Fuck me.  Thank you to naim023 for your research.  I'm not interested in buying one of these sticks, just wanted to learn more about them and figured that the altcoin mining community might have some info on them.  I guess nobody's actually tried them to see if they perform as advertised, so I'm locking the thread.

Edit:  I'm unlocking this thread by request.  Maybe we'll all figure out if these are legitimate or not. 

Please don't shitpost in this thread, else I'll be reporting it.  If you've got nothing to add of value, find another thread to earn money in.
1907  Economy / Reputation / Re: My campaign journey has ended due to this on: May 03, 2022, 06:32:54 AM
It seems that JollyGood tagged not only the people who participated, but also those who simply applied.

I find this a bit tough.
I think that's what happened, and JollyGood has been known to be quite harsh with the negative feedback--that's why I took him off my trust list.  OP's trust actually doesn't show up red on my end because of that, but if he's still on DT2 or even DT1 then yeah, it's going to be a problem for OP getting into anything other than a bounty that doesn't care about feedback.

Personally, I think JollyGood ought to rethink some of his feedbacks but I suspect he's not going to.  There have been threads just like this one before, and he's not inclined to reverse any of the ones he's given.  Tagging applicants to a campaign is stepping over the line IMO, but we've all got differing opinions on that. 
1908  Economy / Reputation / Re: My campaign journey has ended due to this on: May 03, 2022, 05:18:51 AM
And this is an issue for you now because....?

You had to have known your negative feedback would preclude you from getting accepted into most of the reputable signature campaigns, no?  It's not as if JG just left you that feedback, either--it's been nearly a year.

What frustrates me more is that I really want to provide an art services so I could help few people here in regards with art, and again with neg trust it's almost impossible at this moment.
What is it about that one feedback that's preventing you from doing whatever it is you described above?  I don't know what "art service" you want to provide, but a single neg due to you being linked with 1xbit probably shouldn't interfere. 

I'd no idea 1xbit was still active here, since I have signatures ignored.  But the forum doesn't ban scammers, so that's why they're allowed to remain on bitcointalk.
1909  Economy / Economics / Re: Binance blocks crypto accounts of relatives tied to the Russian government on: May 03, 2022, 03:37:47 AM
Wow, this is a bit extreme, ... having somebody appointed as "head of sanctions"... I would be laughing if it wouldn't be as much concerning (as lame).
Agree, it is extreme.  I also can't imagine Binance would have appointed someone with that title had it not been for some governmental influence being exerted.  And just so no one misunderstands where I'm coming from, I'm not anti-Ukraine by any means.  I just think politics should be left out of places where it doesn't belong, and the world of cryptocurrency is one of them.

And about concerns on centralization... we both know that whoever keeps there more funds than he can easily lose, he deserves his fate. Not your keys, not your coins.
Again, I can't argue with that one bit--but we all know how important crypto exchanges are, whether you're leaving your coins on there or not.  If they don't care at all about what cryptocurrency originally stood for, then I'd say that's a major problem.
1910  Economy / Economics / Re: Binance blocks crypto accounts of relatives tied to the Russian government on: May 01, 2022, 09:31:28 PM
<snip>
Your argumentation does contradict which you had said that they have nothing to do with political issues and argues but you do agree on what Binance had been doing?
Whew, I'm glad I wasn't the only one who caught that contradiction.  I'm not sure if that member is just writing nonsense to boost his post count or doesn't understand English well enough to convey his opinion correctly.  Very weird.

In any case, I was thinking about this some more, and I wonder how people would feel if Theymos suddenly decided to ban all accounts from Russian IPs or a similar action.  I'm guessing opinions would be very much mixed, but my point is that sanctions against Russia as a country or even specific individuals who had no say in Putin's war end up hurting innocent people.  Maybe not all of them are, but certainly there are some who are innocent.  That's unfair, akin to holding hostages IMO.
1911  Economy / Reputation / Re: Wow, I have also heard about this issue SPAMMERS on: May 01, 2022, 04:03:13 PM
all three accounts also register to the forum at the same time. yes, I believe all three accounts are controlled by the same person.
Yep, that's a dead giveaway.  Maybe this moron has a very limited English vocabulary or something (lol).

Actually, looking at the usernames, a couple of them look familiar to me.  I haven't checked their post history, but the owner is probably a spammer who quit the forum after the ICO boom went bust.  Why he's returned is anyone's guess, though I'm assuming he's trying to rank up the accounts (or at least gain activity points; there's no way in hell he's going to earn merits).

What do you mean it's not counting as plagiarism?
You can't plagiarize your own work.
It's not plagiarism, plain and simple.  This has been discussed in Meta before if I'm not mistaken.  Whether anyone thinks otherwise or not, I very much doubt the mods would do anything if someone reported this--although since there are multiple accounts involved, that complicates the issue.  Obviously there's one person behind these posts, but if the mods really wanted to ban a few of the accounts they'd technically be justified in doing so.
1912  Economy / Economics / Re: Binance blocks crypto accounts of relatives tied to the Russian government on: May 01, 2022, 01:00:26 PM
In war nothing is nice, nor fair, nor "proper".
That's true, but that saying usually only applies to what's happening in the military, not relatively small financial institutions, which is what I think Binance qualifies as.

I'd guess that Binance was nicely, but also officially, asked to block this or that. It's not the first time they obey official papers and lock users' funds.
Agreed.  I can't imagine that they'd do this on their own, although I don't really know much about Binance, who's in charge, and what their political leanings are (if any). 

And no, I don't think this is right at all.  Just look at this:

Quote
“Proud to be a part of this team that makes a real difference,” Binance’s newly appointed global head of sanctions, Chagri Poyraz, wrote on his LinkedIn page on Binance’s latest measures.
Quote
“What’s different is that our compliance screen operations are ‘proactive,’ aiming to detect and deter financial crime risk before any regulatory or legal action towards these individuals or entities,” he said.

Global head of sanctions. 

Are any of us still concerned about privacy and centralization?  Or does any of that apply only when a crypto exchange is fucking someone else over?  What happens when an exchange suddenly finds a reason to target you for whatever reason they make up on the spot?  No matter what your opinion is about Russia, those people who got blocked probably weren't involved in any of the political decision making in Putin's circle when the war started.  This doesn't help anything, and frankly I've lost a ton of respect for Binance and whatever trust I had in them as an exchange is gone.
1913  Economy / Economics / Re: Is Bitcoin is too volatile? Bitcoin VS Netflix, Apple, FB, PayPal, ..etc on: May 01, 2022, 11:18:22 AM
*Whew*  That's a lot of neat statistics, OP.  

One thing that popped into my head is that bitcoin has been declared dead a number of times in the past because it, and more importantly, crypto in general, is a relatively new thing.  Netflix might not be that old of a company, but the stock market itself isn't.  In addition to that, Netflix is a business whose fundamentals can be analyzed and its prospects of survival predicted to some extent.  With bitcoin, it's a complete crapshoot since the price depends solely on demand and not on profitability.

I'd also say that Netflix tracks the tech stock sector to some extent, so those wild swings it's had were probably experienced by some other speculative stocks as well (though I haven't checked; I'm just making an assumption).

Finally, who the fuck cares what these pundits declare about bitcoin's viability?  People listen to hype unfortunately, so there are always going to be idiots trying to make a name for themselves by meeting that demand for hype, inflammatory statements, and outrageous predictions.  Just look at Jim Cramer, Robert Kiyosaki, Peter Schiff, and all of those other talking heads who made tons of money early on in their life and now have a flock of sheep making trades based on whatever they're hyping up or hammering down.  It's unreal.

Also,I think that Netflix is a dying business.
You know, you might be right about that--and to think that they were so hot back in 2011 or so, when they had their DVD-by-mail business thriving.  Now I look at what they have on their site and I can't believe people subscribe to see any of their offerings.  You used to be able to watch pretty much any movie from any era (on DVD).  Now a lot of other companies have jumped on the streaming video bandwagon and provided Netflix with so much competition that they could indeed become irrelevant.
1914  Other / Meta / Re: Creting a second account after ban without being caught. on: April 30, 2022, 11:52:14 PM
I didn't mean to call the author of that thread stupid.
Eh, I wouldn't hesitate to do so.  That thread is in the B&H section (which I have on ignore) and I'm too lazy to go through the steps to quote it properly, but this is a snippet from Cosmic Beyonder's post:

Quote
Well in First time i created account started working then got some money then i thought to Share this work with family consider it another account if you want to make more profits.

Then after months my both accounts got banned and i cane to know its against Rules. I said ok i was on rank jr member.

If you ask me, he went about things in the exact opposite order you're supposed to here, which is to know the rules before embarking on a career in spamming.  On top of that, this joker recruited family members to spam and evaded a ban.  It sounds like he's just a young kid who needs to learn a thing or two about the world (and by kid I mean someone up to his/her mid-twenties). 

Poker Player, you've been around long enough to know this crap just never stops.  Some people are idiots more so than others, and yes it's extremely easy to just make a new account after getting banned and continue participating in bounty hunting.  Hilariousandco was pretty much suggesting that a couple of years back, which I took issue with, because it galled me to hear a moderator say anything of the sort.  He was fed up with the ban appeal threads I would imagine, and I don't blame him...but yeah, I'm sure the majority of banned members just come right back under an alt account and continue where they left off.  It's no wonder there are so many registered members but only a fraction of which are active.
1915  Economy / Economics / Re: The first rule of investing is saving on: April 30, 2022, 03:29:09 PM
Basically live a life of absolute colourlessness and hate your life for 6 months to a year if you have to, do not even live, just "survive" and you will be cutting the costs a lot. Secondly you try to find extra work, you longer do anything fun anyway, you just go to work, come home, eat raiment and sleep, so why not take up another job instead?
There's some guy on the radio I always hear talking about just what you mentioned, and he advises younger people to work as much as possible for at least a year and cut out everything that's not an absolute necessity, and to save every penny.  And I swear I wish I'd worked harder when I was in my late teens and twenties instead of being the stereotypical slacker that I was.  I also wish I'd started investing in the stock market much earlier than I did--and it's not like I didn't know about it or how to get started.

I might have posted earlier in this thread, but saving money is one thing, but investing is another thing entirely.  Investing is planning for the distant future, whereas saving might be for a car, a house, whatever. 

I'd also point out that it's a good idea to have some free cash sitting in a brokerage at a time like this when sock valuations are extremely high.  When there's a crash, there's a buying opportunity that many people miss, either because they don't have enough money put aside to jump in or they just don't know there's a bargain to be had.  The same goes for the crypto market as well.
1916  Economy / Economics / Re: Is there a place in the world you could live like a king via sig campaigns? on: April 29, 2022, 12:21:38 PM
Do you mean receiving $1500 a week?
Man, don't make me regret I unlocked this thread--I think I've explained the scenario that's been playing out in my head in enough detail such that anyone who can read would be able to understand what I'm talking about. 

Five members.  Each member earns $300/week in the Chipmixer campaign (best case scenario).  Use advanced calculus and integrate all of that info, and you get $1500 total--but that's for all five members.  In addition to that, there could be some GPU or ASIC mining happening as a side hustle (but not in the basement where my crib will be located), and there's also whatever money we bring with us to our paradise.

Got it?

why the fuck would you want to live with other people if you could live pretty well on your own with your own portion of the signature campaign income?
One reason would be that I'd be moving to a foreign country with no friends or family, and having at least a few people with a shared interest would make the move much easier.  Plus I'm talking about living in a Big Effing House and that's something too expensive for me all by myself.  Otherwise, you're right:  I'd much prefer to live by myself.

Of course, another angle that makes this whole thread to be a great topic would be that in about the last nearly two years, I had been asserting that in western countries, we need to move our entry-level fuck you status level up from $1 million to $2 million
Fuck-you status is a state of mind IMO, not a number representing how many dollars or crypto you have.  Even people locked up in prison with no money whatsoever can have enough balls to tell the guards to go fuck themselves, consequences be what they may.  If you're looking at life through the lens of a 9-5 worker bee, sure, you can't jump on your boss's desk and piss in his trash bin.  But if you're a psychotic nihilist with a pseudo-Buddhist mindset like me, there's nothing standing in my way of yelling FUCK YOU to the world atop the Empire State building.
1917  Bitcoin / Hardware wallets / Re: About BitBox on: April 29, 2022, 07:17:03 AM
<snip>
Thanks for that link, it helped me understand what AOPP is a little better.  What I don't understand is what it has to do with BitBox being a decent HW wallet or not.  Are they (or Shift Crypto) keeping records of who's purchased them or something?  Even if they are, that doesn't even sound like what the AOPP thing is all about.  I'm still a bit confused (but that's a normal state for me anyhow).
1918  Economy / Economics / Re: Sanction isn't the right option on: April 29, 2022, 03:11:18 AM
<snip>only the weak die in the rice without hitting the hand. If you want to kill someone who has a sword in his hand, he will snatch the rice from you.
Now that's an interesting saying, one I've never heard before.  I'll confess I don't know exactly what it means, but perhaps there's some language barrier preventing me from understanding.  However, I think I get the general gist of what you mean.

<snip>how realistic is it if the West thinks that Russia will continue to weaken the economy by quietly imposing sanctions on this huge military power?
I have no idea, and I seriously doubt any of the western countries imposing these sanctions know either.  I'm guessing that they think it's their best course of action, because what else can they do?  Start a war with Russia?  Germany in the WWII era didn't have nuclear capability, so after WWI everyone felt free to fuck with them at will.  That isn't the case with Russia in 2022; if the US, UK, or any other nation who wants to help Ukraine flexed their military might, what do you think Putin would do?  

And that's the question Ukraine's allies are asking themselves, too.  I've been hearing innuendo about Putin's mental state, but frankly I never know what to believe with news outlets from any country--there's so much propaganda it's ridiculous.  I do know that no country wants to pick a fight with a country that has the power to obliterate half the globe or more.  That's why everyone is starting with sanctions.

Why there are so many footages that shows how bad Russians are, and not a single independent Russian social media show how Ukrainians act during that war?
That's a question I've been asking myself lately, although I know the answer--the media in the US is basically controlled by the government, and they don't want to present this issue with opposing viewpoints, only anti-Russian ones.  On the other hand, I haven't been seeing anything negative about Russian citizens, only Putin and the military.  But yeah, I have no idea what, if anything, Ukraine is doing wrong in this conflict because that's all censored. 
1919  Bitcoin / Hardware wallets / Re: About BitBox on: April 29, 2022, 02:00:52 AM
I have one thing about the latest version which is BitBox02, how it supports Address Ownership Proof Protocol (AOPP) which is against privacy.
Worse than that - Shift Crypto, the makers of BitBox, were the ones who initially proposed and designed AOPP. I wouldn't buy any product from a company which is so anti-privacy and pro-censorship.
Huh.  I had (and still have) no idea what that's all about, and I'll have to look into it--unless someone cares to explain it to me here as if I'm a 5-year old.  

Unless there's some factor I'm unaware of, I don't think the fact that a manufacturer is discontinuing one of their hardware wallets should count as a strike against them, and I thought the BitBox02 was one of the better HW wallets on the market--or at least better than the Ledger.  Someone correct me if I'm wrong on that point as well, because I'm in the same boat as OP.  Ledger's data leak soured me on them completely.

It is a means people that are using centralized exchanges (people that have been verified, KYC) are able to prove that they are the owner of a noncustododial wallet address, a means of privacy invasion. But not having anything to do with privacy while buying hardware wallet.
I'm not sure how that works, as I've never gone through a KYC procedure successfully in the past few years.  I've tried, but the pics I've submitted were never good enough, but that's another story.
1920  Economy / Economics / Re: Russia suspends gas supplies to Poland and Bulgaria for failing to pay in rouble on: April 29, 2022, 12:06:29 AM
It will get interesting to watch how the politics will be developing now.
It's already interesting, but I'm afraid that this situation will turn from "interesting" to horrifying if it turns into WWIII when the West gets involved with their own military forces--and I'm talking potential nuclear conflict.  As someone who lives in North America, the Russia/Ukraine conflict seems very distant, but I'm sure that's the way it felt here when Germany was trying to take over Europe in the 1930s.  There comes a point where the western powers won't sit on the sidelines anymore and watch a dictator expand his empire through force.  Granted, it took Pearl Harbor before the US entered WWII, but this is a different time and the US has a different president, so who knows.

I have yet to see Putin making any statements.  Is that because he's being silent on the media or is it just that everything he says is being censored in the West?  I'd like to hear what he has to say, and not filtered through someone else's mouth.
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