It is possible, that Satoshi is/are reading all these bitcointalk contributions ... and although some pepole want him/her/them to come back, nothing happened.
Tell one good reason why Satoshi should come back. (good reason = improvement of Bitcoin)
I don't see any good reason for Satoshi to come back. The bitcoin source code can be updated by anyone which then needs to score 95% confidence from the miners to get updated to the source code. So Satoshi can do it even after staying anonymous. But yes, if Satoshi comes back and then make the changes then it will be easier to win miner's confidence. I would say, Satoshi must stay anonymous for the rest of his life! I strongly feel that these lawsuit of Craig Wright is a staged incident by FBI to lure Satoshi out. Because obviously Craig doesn't have access to Satoshi's stash of bitcoins. |
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Are they planning to combine the virtual reality and casino together? From the screenshot it seems so! Even though the graphics is not looking great but IUnderstand that it's still WIP. Atari is known brandname so they wouldn't work like a novice casino owner.
This is something new and exciting! Because I don't think we have seen Virtual reality into a casino business as on date. So I assume they are going to create a lot of headlines once they are launched.
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So many companies are gradually adopting Bitcoin into their payment system and this has led to the development of various software that will work to connect to the Bitcoin network (blockchain) but this development have encounter various challenges which prompt me to seek to know when can a company be fully integrated in it Bitcoin payment.
I haven't yet seen a fully integrated payment system on any website that connects from one wallet to another. It's either just a bitcoin address mentioned where you jeed to make payment manually and share the transaction hash with the merchant or it's a third party debit card from Bitpay which can be funded through bitcoin. Not sure if any company was able to integrate only bitcoin payment which is automated and captures the payment data automatically. However, I won't be surprised if I see a fully functional system because I don't know all companies or merchants that accepts bitcoin. |
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On December 13, 2021, 90% of the total Bitcoin supply was mined.
It took 12 years for 18.899 million units of the main digital currency on the market to be extracted. However, the remaining 10% should take around 100 years to enter into circulation.
From 90% already in circulation, about 3.7 million Bitcoins are reported as "lost", due to users losing their password or the death of the holders.
Do you think it will be now that Bitcoin starts to appreciate even more?
What are your prospects for the next few years with regard to Bitcoin?
That's the scarcity model on which bitcoin is based. As the time goes by, the bitcoin will start becoming more and more scarce. So whatever little amount of bitcoin we hold, might get you an expensive laptop today but probably a Lamborghini can be purchased using the same unit of bitcoins 20 years down the line. The demand of bitcoin is robust around the world. The popularity is gradually increasing day by day which us correlated to demand. So more demand and diminishing supply, will push its price. This is a simple explanation. |
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A cheap and reseller hosting is indeed a big security flag. Also they are not fast enough as compared to the likes of AWS or GCloud. But I don't think these big cloud infrastructure providers accept casino website anyway. So the casino websites usually use VPS hosting for scaling their web operations.
Having a cheap and new hosting provider is a risk for sure. But if the casino management is determined to stay true to their commitment, these can be omitted.
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What is the best argument against the Ponzi scheme narrative?
In what ways are Ponzi schemes different from bitcoin?
How do they generate value differently?
Bitcoin's value comes from scarcity. If we suddenly increase the maximum supply from 22 million to 22 billions, the value will go down drastically because of increased supply. Bitcoin is fundamentally and structurally different than ponzi schemes. The major difference is bitcoin is decentralized. Ponzi scheme are centralized to core. When someone says that bitcoin is ponzi because the other investor's money flow increases its price, you just need to say that as per the methodology, the stocks markets are also ponzi because the same things happens there! |
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His Twitter account was briefly hacked. I believe it took twitter less than 7 minutes to restore his account and also remove the tweet. So a lot of people wouldn't have noticed this tweet unless media houses published their reports on it.
This is really bad. Whoever has done it, is not a supporter of cryptocurrency to be honest. Because such kind of heinous act actually brings down the reputation of Indian crypto community in front of the government. That shouldn't have happened!
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I have seen few post in the forum again which is portraying Bitcoin price in negative lights again and some are predicting Bitcoin will go below $40k, it's creating panic and sense of fear amongst the inexperienced users which may lead to panic selling. I would urge all to make as much educational post on Bitcoin as possible to keep the newbies and other users away from fuds and also to make them understand that Bitcoin is a technology and not a gambling where they can double their money anytime. It's decentralised and fluctuations will always be there and we need to adopt to it instead of cashing out by losing out on capital investment.
Aren't we already immune from such FUDs! But yes, a large portion of the bitcoin community still believes in media news and also sometimes the market itself creates concerns among the investors. I think we are standing in a time, where the global markets are going down, money printing machines are busier than ever and bitcoin market is also following the same trend as global market. But this kind of situations really shows the difference between a gamblers and an investor. For a gambler, it's time to come out of the market and for an investor, it's time to buy in. That's simple! |
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You can treat Kiyosaki in any way. But it is worth reading and comprehending it! The forecast of a fall in the global economy is more reality than it might seem. Here Covid19 "helped", and the impending collapse of the Chinese economy, and problems for the American economy, and therefore for the whole world. Believe it or not, again, the thought of "buying gold, bitcoins and real estate when the price drops" is a call to very good action. Yes, first of all, do not forget the words - "when the price falls"  That's a very important part indeed - when the price falls! Now every individual would have a different limits set for themselves. For example, some may think to buy bitcoin when it falls down to 40k level and for some the market is already at the bottom. So it's interesting to see how Robert Kiyosaki thinks of a bottom at which he would start buying. For a wealthy investor like him, would not be a big challenge. But for commoners like us, it would be a great deal of effort and money. But looking at the way various countries printing money, high inflation might kick off sooner than later! |
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"Only invest an amount you can afford to lose."
Probably one of the most common advice I've heard when it comes to investing in bitcoin; and I've used it a lot of times too. But honestly, in our current situation where fiat is getting printed like hell, I started to use that statement less and less. It just seems that holding bitcoin is now totally necessary.
Don't get me wrong, we should still be heavily educating people when it comes to proper investing in general with DCA-ing and probably not going all-in on one go and stuff, but I think bitcoin is a lot less risky of an investment now compared to the past few years despite it still being volatile.
Thoughts? Opinions?
This statement is really subjective. If you are in your twenties and have a steady source of income, you may not mind to invest all your investable money into bitcoin. But if you are at your sixties, you may not want to touch bitcoin at all because of the volatility. So it all depends on your risk taking capability and your individual thinking process. For me, I still have a sizable investment in bitcoin and I am buying at every market crash. But that may not be the case for many other people at different age group. Fiat will always be printed and inflation will continue to remain a problem. Bitcoin is not an answer to everything. |
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I was actually worried about such thing! Bitcoin and cryptocurrency in general is a hot topic in India right now and a draft bill is under consideration of the parliamentary committee. There are a lot of speculations ongoing at this moment and various media houses are posting both positive and negative news on this matter. These kind of hacking activities are actually bad for the situation. So I strongly condemn such hacking activities. These are making things negative in India. Not good considering the current situation. |
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As per an article published on yahoo Finance, Mr. Robert Kiyosaki, who is famous for his book series known as "Rich dad poor dad", has issued a warning that a market crash and economic crisis is incoming. Read it here: https://finance.yahoo.com/news/rich-dad-poor-dad-author-115446211.html?Also, he said that he plans to buy gold, bitcoin, and real estate when the price goes down. Mr. Robert Kiyosaki is a prominent investor who has a net worth of more than 100 million dollars and also a supporter of bitcoin. Do you think that a market crash similar to 2008 is indeed coming? If yes, then why? What are the indicators your follow to predict the market in general? Let's assume the crash is indeed coming then how would you like to prepare against it? Let's discuss! |
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NFT is super hyped and after Amitabh Bachchan and the news that Rajnikant will also enter it will become viral. What I like about it is that, these superstars are promoting cryptocurrency indirectly. Another aspect of NFT that in my opinion is it will help many new and upcoming graphic designers. Only if they are able to come up with some unique creation. What I dislike is that only celebrities are cashing out. Not all graphic designers are making enough money.
In my point of view a common man who is a good on canvas such as a wallboard painter cannot earn through NFT. He will still struggle to make his or her ends meet.
What do you guys think?
NFT is a garbage! It may be good for celebrities because they have something to back them up. If you own a NFT created by Amitabh Bacchan, then you have something to say about your purchase. But as a common man, it means nothing. If I create an image, I don't have anything to back up to increase its value so regardless of the quality of my images, it won't get any attention. NFT market is just riding on hype. This hype is bound to decease after a certain time period and may never ckme back again. It's a great tool for money laundering as well. So prefer to stay clear out of this market. |
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I do not dispute that the moves made by the Fed or the ECB (The European Central Bank) have no effect on financial markets - but currently, the world is concerned about at least two possible military conflicts that are practically hanging in the air. The first is, of course, the one between Russia and Ukraine, where large military forces are constantly accumulating on both sides of the border, and the second refers to the possible conflict between Israel and Iran.What further aggravates the situation is the fact that the US is making it clear that it will not interfere in the possible conflict between Russia and Ukraine, while also practically giving the green light to Israel for military action against Iran. Of course, none of this has to happen, but the very possibility of war conflicts of this magnitude forces people to be very careful with their investments. War only benefits arms manufacturers and vultures who exploit people in the war zone. I don't believe that the possibility of war would anyway bring down the price of an alternate asset like Bitcoin and ETH. On the contrary, the potential of a war would increase its price because war always affect mainstream economy in a big way. I believe, the current situation of the crypto market is no different than stock market. Excessive money printing and extra cash rich people are booking their profits out of this inflated market and the impact is seen everywhere. I would say such kind of mild crash is not always bad in the long run. It gives us another opportunity to reposition our investments. |
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I just cannot insert a image......  It is not an ad  , I can only show u the website, and I want that rockstar avatar. Thx for your suggestions~https://rockflow.ai/en/RLq8Pz0o0a5zz How on earth a free image can become valuable? How on earth an image will become valuable that is obtained for free? There's no reason for that. NFTs are good if you only ride the hype for sometime and have some stupid people who would like to buy some digital photos. For long term, NFTs are just crap and shortly this entire NFT market will collapse beyond your imagination. |
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People, I bought Bitcoin in late 2009. Please help me access them. I’ll give 500 Bitcoin to anyone who helps me get them! I feel like I used a PayPal service to buy them and I’m not 100% sure, but I know I had a debit card if this was possible. I bought them to buy something illegal at that time but never went through with the purchase. What illegal sites were available at that time and what wallets, what sites to buy with a debit card or PayPal? I know the last 4 digits of the card number that I used but I called the bank today and they said they only keep records for 7 years…
271 USD worth of bitcoins is huge today. So try to identify few things first, 1. Source of purchase 2. Method used to purchase because Paypal wasn't providing bitcoin services in 2009. You must have purchased from a moner and sent paypal money. 3. Banks are legally liable to keep your records for 7 years so you can't force them for information older than 7 years. 4. How did you receive the bitcoins from the seller? At that time, only bitcoin core wallet was available so you must have used one. Soo if you have wallet.dat file in your old computer Try to identify these things first. |
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Hello
I don't want to provide detailed data, but at work I have access to over 20 computers. The computers aren't the newest, but would add more than 11x my processing power. If the employer finds out about it, can he claim compensation in the form of a dug currency?
If you have access to 20 computers and if you are sure that your employer is not going to found out your mining things, try mining Monero. This is a CPU only coin based on cryptoknight algorithm. And since you are not liable to pay the electricity bill, whatever you earn, will count as pure profit. Just rule out bitcoin mining because even 50 computers are not enough to mine bitcoin profitably. As per your situation, Monero mining is the only profitable mining solution for you. However, I would suggest not to use your employers systems for mining kind of thing. If they found out, it won't take a minute for them to fire you. |
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One group of scammer is investing on another group of scammers! Honestly that's how I see the situation! Both Squid game and Shiba Inu tokens have flourished on hype without any actual use case. Squid game was a pre planned scam and Shiba Inu os waiting to be a scam!
Meme coins shouldn't have existed at the first place! But unfortunately, the number of meme coins is increasing like anything which are certainly providing the money launderers a much needed Avenue. This shit needs to stop from crypto market for greater good!
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There is no such thing as perfect online casinos because of the many rules and conflicting laws on the location of their players, there will always be accusations some could be valid some because of misinterpretation of the TOS, so I'd to ask all gambling players do you lose interest to deposit and play on the casinos you're playing if they have unresolved cases.
If there is a dispute between me and a particular casino and it's open, I wouldn't prefer to deposit more money into that casino. Rather I will be looking out for alternatives to be honest. Customer support is one of the most important parameters players should look for and if there is an unresolved dispute between me and the casino, would would I risk more money into it? But that depends on an individual really whether they want to take such risks or not. |
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I know Miami court has given their verdict that Craig is the creator of bitcoin. Most surprisingly Craig has agreed to provide a huge sum of money to the family of Kleiman. But now it's interesting to see that whether he is able to access the stash that we believe belongs to Mr. Nakamoto. Things have become very interesting now! The entire community should keep a close eye on the events. Unless Craig is able to access Satoshi's bitcoin stash, it means nothing to the community. |
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