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2081  Economy / Gambling discussion / Re: An Intriguing article: How to Perfect Your Gambling Strategy on: May 28, 2023, 10:41:37 AM
Shouldn't gambling be fun for the players, and on the other hand, profit for the owners? The majority who approach gambling (and by that I mean casino games) in such a way that they want to beat the house will not succeed regardless of the strategy.

The best strategy that anyone can practice is to think of gambling as fun and to set a limit that he can lose daily, weekly or monthly. In that case, the whole thing makes sense and will not negatively affect our life, and in case of a bigger gain, we can attend some things in life that we have wanted for a long time, but we didn't have the opportunity considering our income.
2082  Bitcoin / Hardware wallets / Re: Ledger Recovery - Send your (encrypted) recovery phrase to 3rd parties entities on: May 28, 2023, 10:18:33 AM
Considering the documents on the FAQ page of Ledger Recovery and how Ledger is replying on Twitter, I would say that o_e_l_e_o is exactly right regarding how the process will be deployed. What amazes me is the fact that Ledger is totally silent when faced with the fact[1][2][3] - or flaw - that is being able to restore your encrypted shards on any device. Do they consider their clients that ignorant regarding how seed phrases work? I should also note that Ledger Nano S will eventually[4] receive this "awesome" feature, per reply on their Reddit page.

Considering the way Mr. Pascal performed in the video that was linked in one of my previous posts, he obviously considers his clients ignorant and incapable of making an adequate backup, in other words, he positions himself in the same position as the famous CZ who claims that 99% of users in the crypto world are not intelligent enough to be their own bank.

As a side note, I am still amazed by the fact that they imploded their company and lost the loyalty of their clients for $9.99 per month...

Ledger (Pascal) also claims in the video that given the situation, they did not notice any drop in sales of their devices, and that this did not even happen after the famous Ledger leak of hundreds of thousands of user data, which he personally considers a trivial event.



Ledger claims it now stores more than 20% of the world's cryptocurrencies and 30% of the world's NFTs.
Not sure about the statement, how do you come to conclusion like that with hardware wallet?

Either it's a simple fabrication, or Ledger knows exactly how much someone has on their devices, which means that they log all the data from the device every time such a device is online. I would say that it is the latter, and considering the company's reputation, I would not be surprised if they share (sell) this data to anyone who is interested in it.
2083  Economy / Gambling discussion / Re: As a Gambler and a Die-Hard Fan of a Club Would you Bet Against your Club on: May 27, 2023, 02:05:20 PM
~snip~
As a gambler and a die-hard fan of a club that has been having a terrible season, would you bet against your club, knowing that their loss would be your financial gain? Or would you stay loyal and not bet against them?

Some people bet for fun, others for profit, and I think that's the biggest difference when it comes to the club we support. I don't see how anyone will support their club by betting on it, and at the same time knowing that they will most likely not win that bet - and on the other hand, we know that the biggest support comes from buying tickets, jerseys/souvenirs and cheering in the stands.

Therefore, I don't see why someone should be called disloyal if they don't bet on their club, because sport is much more than betting, or at least it used to be.
2084  Bitcoin / Bitcoin Discussion / Re: Dubai to construct the world's first bitcoin tower on: May 27, 2023, 11:02:10 AM
I don’t get it. So the name is Bitcoin Tower but they’ll offer apartments for rent in some weird shitcoin that’ll pay the owner in stakes? Is tht what happens? Cause if so, then why even call it Bitcoin Tower? Call it Shitcoin Tower instead lol because this has nothing to do with BTC besides the name
You nailed it... They could've gone with other shitcoins for the tower name, but clearly, they know the only way to expect a good outcome from announcing such projects is by masking out the part that shows their true nature.

That's what I would professionally call "parasitizing on Bitcoin", and regardless of the idea that Satoshi had when he created Bitcoin, I'm sorry that he didn't protect that name because it would have really spared us from fake creators and those who use Bitcoin to achieve some completely different goals. We can have such a tower in every city in the world, but steel, concrete and plastic will change almost nothing if people continue to think in the wrong way.



~snip~
El Salvador and Central African Republic have accept Bitcoin as legal tender but they're not construct a Bitcoin tower, will Dubai accept Bitcoin as legal tender?

That same country recently rejected Bitcoin, so it would be good if we finally adopt that fact on the forum and not repeat some things like broken records. Legal tender in the context of Bitcoin is an overrated thing, and if the example of El Salvador didn't show it, why do people expect another country to do it?
2085  Economy / Reputation / Re: 1000 post in 16 days on: May 27, 2023, 10:32:20 AM
Somewhat Agree. But, Do you believe Ratimov's post quality or writing style is terrible? He is one of the guys who wrote most tutorials and Guidelines for newbies. He was excited about his achievements and created threads to celebrate them. Somehow BitcoinGirl finds it annoying and decided to create a separate thread so everyone could celebrate their achievement in a single thread.

I don't want to comment on that user at all, all I have to say is what I wrote in the feedback, and I completely agree with what @BitcoinGirl.Club wrote on that topic. It's not about the goal itself, but how you got to that goal, although some will never understand that.
2086  Bitcoin / Hardware wallets / Re: Ledger Recovery - Send your (encrypted) recovery phrase to 3rd parties entities on: May 27, 2023, 10:22:59 AM
~snip~
Seems Ledger users are going from one very insecure device to a slightly less insecure device.

It just shows that all those who go in that direction are not aware of what they are actually buying or for some reason known only to them they ignore some known facts. That HW has an irreparable vulnerability that allows an attacker who comes into possession of such a device to extract the seed in 5-10 minutes, not to mention their cooperation with those who will analyze all transactions and determine which ones are good and which ones are not. In addition, who says that the Trezor will not come up with something similar to Ledger in the future?
2087  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: May 27, 2023, 10:07:52 AM
i am 3x of your income, still confused about how the income is calculated, but some say that it is calculated from the number of lottery tickets whereas i have never bought it always get free from free spins only, when did you create a freebitcoin account, i think i want to know if this It also has something to do with the age of the account or the number of referrals.

I'm still a little curious and not sure enough that free spins earnings are calculated from the number of lottery tickets purchased, but still appreciate any information, I'd be happy if you would answer my question, when did you create a freebitcoin account?

As I already wrote in the previous post, everything is nicely explained on the faucet page and I am sure that it has nothing to do with the registration time or the number of referrals. I have been a member since 2014 and have several hundreds of referrals, but still my minimum reward is only 7 satoshis at the moment.

Every time you buy a lottery ticket or make a bet, you will see how much you still need (in percentage) until the next prize increase. However, I have to admit that I have a friend who is my referral and also has the same minimum reward as me, but the only thing he did was exchange rewards points for free BTC bonus.
2088  Other / Meta / Re: How are the rules on "link dumps"? Should this be forbidden? on: May 27, 2023, 09:49:55 AM
I reported it as a zero-effort low-value post + if it is about one and the same link, then also by advertising in the post, which is not allowed on the forum. In 99% of cases, such a report would be marked as good, so everyone who sees such posts should first of all not participate in such discussions, and if they report the post correctly, it will most likely be deleted.
2089  Bitcoin / Press / Re: [2023-05-25] Forbes: Elon Musk Issued A Stark Crypto Warning After $2 Trillion.. on: May 26, 2023, 02:50:42 PM
Mr. Mars, as usual, wants to be in the center of attention, although anyone with a little common sense shouldn't be the least bit excited about what he says. The article talks about something that didn't happen only in 2021/22, but happened many times in history, and now we are in 2023, where Bitcoin is one of the best assets if we look at the price since the beginning of the year.

In addition, how much money did his companies lose in the last year, and how much is Twitter worth today?
2090  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: May 26, 2023, 02:04:09 PM
There is a lot of debate about whether Ukraine should have defended Bakhmut which according to most military analysts is strategically unimportant, but it seems to me that the decision was still correct because it enabled Ukraine to secure the necessary time to additionally arm and train tens of thousands of soldiers who will participate in a counterattack.

It is true that Ukraine lost a lot of soldiers and equipment in that area, but Russia still lost a lot more because of the strategic positions of the Ukrainian army, which was and still is in elevated positions around the city, from which it prevents the further advance of the Russian army. In addition, advancing forward, the Russian army weakened its flanks all the time, and now this is becoming more and more apparent because the Ukrainian forces have all the prerequisites to surround the city and destroy everyone in it.

Bakhmut played a very important role in fully focusing the Russian forces to conquer it, but I have no doubt that the regular Russian troops will face a real challenge to hold it, because the "bloody musicians" who actually conquered the city are leaving the front, and considering the losses, it will take them months to recover.

2091  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: May 26, 2023, 01:29:47 PM
I get 16 sat freerolls every hour, maybe each user is different and the freeroll income is different and not the same, I have 53 referrals but not all of them are active, is it calculated based on the age of the account or the number of referrals we have, I still have time to ask questions about the difference what is this income based on, maybe it has been discussed before but maybe I missed it.

A few pages ago we talked about it, because someone wrote that his minimum reward is 2 sats per roll, but in fact everything is explained on the main page of faucet, and that reward depends on purchased lottery tickets, multiply btc and bet on events, and the highest minimum reward always changes in relation to the price of BTC. Currently, it is even 152 sats per roll. The number of referrals and their activity, as far as I know, have nothing to do with it.
2092  Bitcoin / Hardware wallets / Re: Ledger Recovery - Send your (encrypted) recovery phrase to 3rd parties entities on: May 26, 2023, 01:03:26 PM
~snip~
Look at where the companies that will be storing the shards are located. The USA and the UK + the last shard is held by Ledger. Don't you think they couldn't have found partner companies elsewhere? Of course, they could have. The way they did it now, the right document from the right 3-letter agency in the US gets US authorities one shard, with Ledger gladly supplying the second one. 

Nothing happens by chance, everything is well thought out, and apart from profit, the point is to put as many users of this HW as possible in a position where they can be controlled. Of course, not everyone will accept the new service, some because of the price and KYC, others because they understand how absurd and dangerous it is, but let it not surprise anyone if Ledger turns that service into something mandatory in the future, because their "mothers" and maybe even 200 millions of users are super satisfied and they will ask the company to protect those of us who don't understand it.



Yes, I'm referring to that video. It made me moody and angry how Pascal (he doesn't deserve this surname) looks at Bitcoin users. You could see an ironical and humiliating attitude towards bitcoin users in his speech. I bet he even laughs and thinks how stupid people are when they buy/order his hardware wallet.

Yes, it's easy to see what attitude he has towards anyone who dares to criticize what he does, but he's one of those people who always thinks that everything they do is perfect and completely right. I lost my trust in that company a long time ago, but after everything that has happened now, I will be extra motivated to warn all current and future users to think seriously about whether they will trust someone who makes such risky and senseless decisions, and has such a hypocritical attitude attitude towards those who made it possible for him to be what he is today.

At some point I think that there is a bigger overall plan and FTX, Ledger and other companies are part of this plan, yes, I know it sounds like a conspiracy theory but everything can happen. Look, top exchanges fail/scam/go-bankrupt, now hardware wallets are probably going to get hacked/leaked. Isn't this a reason to ban bitcoin usage/trading/mining/etc? Probably this is a real plan or probably they think that people are dumb and want to take an advantage of that.

I wouldn't even say that there is a plan in the sense that someone devised it, but that the plan is actually to let people do what they know best, which is to destroy themselves. Everything that is happening is just an indication of how wrong we were when we trusted companies like Ledger or Trezor, or that most Bitcoin trading is conducted through CEX. For the first time in history, we got a decentralized currency, and in fact we centralized it to such an extent that it is mostly stored in a centralized way.

Still, it's not too late to change, everyone can use DEX and store their coins in airgapped storage, and if the majority did that, people like Pascal, CZ or Brian Armstrong would become completely irrelevant.
2093  Economy / Reputation / Re: 1000 post in 16 days on: May 26, 2023, 10:49:29 AM
~snip~
It's not like OP is not aware of Announce your rank up, merit or any achievements that makes you feel great!. Only nine days ago, he celebrated his Sr. Member rank-up achievement in this thread. He could have posted this achievement there as well. But decided to create a thread because others are doing the same.

I don't think we can expect everyone to follow some guidelines (which aren't even official), and the Reputation board has always been a place where members posted their achievements. It would be nice if everyone posted their achievements in the same topic, but that is simply not realistic to expect.

I don't think I have ever "celebrated" any of my achievements in this way, but I understand that there are members who experience each "achievement" very emotionally, so I can understand that they react like the OP. In addition, I think that the quantity in this particular case is not too important, because numbers are just numbers, and the quality of the posts is a much more important criterion.
2094  Economy / Gambling / Re: Using ToS against users normal? on: May 25, 2023, 02:34:22 PM
Changing of terms and conditions without notifying the users or gamblers is normal with online gambling websites?
~snip~

Not that it's not normal in online casinos, but it's not normal in anything else, because every player must be aware of their rights and the rules by which they play at all times. Therefore, every serious casino will inform its players if there has been a change, and it is nothing strange if some abuse such changes to their advantage, because not everyone plays a fair game.

However, I think that a much bigger problem is that most players do not read the terms of use, and then complain later because they were uninformed. Just as every online casino wants to protect itself and its business, every player needs to protect himself and his interests, even if that means reading all the fine print.
2095  Economy / Services / Re: FREE ☘☘☘ Bitcoin Transaction Accelerator for Unconfirmed Transactions ☘☘☘ on: May 25, 2023, 02:15:53 PM
@raritycheck, OP has not been active since 2021, so you don't have to count on his help. The first transaction has a low fee, while the second is still much closer to confirmation, although everything depends on the current situation with mempool. Unfortunately, the only working accelerator cannot help with your transactions (low fee, transaction size).

Since the transactions are not marked with RBF (replace by fee), you have the option to wait, or to try the CPFP option if there are conditions for that. See more on this link -> https://bitcointalk.org/index.php?topic=5285192
2096  Bitcoin / Hardware wallets / Re: Ledger Recovery - Send your (encrypted) recovery phrase to 3rd parties entities on: May 25, 2023, 01:28:42 PM
Haha, I laughed a lot Cheesy You made my day

I laughed when I first read that, because it's such a stupid attempt to convince current clients and future customers that this service is something they should use.

In podcast, the CEO of Ledger said that they have 6 million customers. That's a tiny number if they have calculated that up to 100 million users are in queue in near future and are exactly looking for this service.

Are you referring to this YT video? I watched it yesterday and I have to admit that I was even more disappointed with how Ledger looked at the whole situation, and that he actually called everyone who raised their voice people who spread FUD for no reason. The part in which Pascal talks about the Ledger leak scandal is especially incredible, because he claims that almost no one knew that it happened, and that the event had no impact on the company, suggesting that the dust around seed sharing will soon settle. That part is available at 56:20.

I want to ask you, how many people use Facebook? Google search? Keep in mind that these companies don't give a shit to users personal information and it has been proven for many times and still their profit and userbase increases every day. Millions of facebook users post what and where they eat, where they work, what movie they watch, send sensitive information in messenger, etc.
Don't you think that these people aren't going to somehow step in a crypto world? And don't you think that they can be that 100 million users and will willingly use Ledger Recover service?

Some old information that I know without googling says that there were about 2.4 billion FB users, although of course not all of them are unique users. But regardless of all those users, I don't think that Ledger will one day even have 100 million users, I'm somehow more convinced that this company will fail much sooner, and that it will probably be destroyed by this same service that they are trying to sell now. The three companies that will keep the seeds will sooner or later be part of some data leak, hundreds or thousands will be hacked that way and then there will be no going back.

Let's say that Ledger has two options: A. Their profit will increase slightly if they keep their current crypto enthusiast customers happy and B. Their profit will dramatically increase if they lose some of their customers but attract a lot of new customers who will pay them $9 every month.
Ledger is a business, a corporative company, right? And it's clear to see that this company wasn't founded by a crypto enthusiast but by a person who is a businessman and wants money. They go with option B.

I don't doubt that, profit is the only thing they are interested in, especially if you look at how these people live luxuriously and how they flaunt their wealth (a gold ring on every finger), and the hunger for even more money makes them do such things.



In recent posts, the "geniuses" from Ledger refer to their mothers and some future 100 million clients
It is an interesting talking point because it is exactly the same talking point that Square/Block have been using to promote their hardware wallet which has no seed phrases and shares custody of your back up with third parties.

For example, here is their business lead Lindsey Grossman using the 100 million figure, and then talking about her "friends and family": https://youtu.be/WbjzZQwDozw?t=355

Good catch, and just another minus in the whole story. However, reading the comments of some people under the video I linked, it is incredible how many people believe in the nonsense that people from Ledger are talking about. Einstein was definitely right.
2097  Bitcoin / Bitcoin Discussion / Re: DeSantis promises to protect bitcoin in presidential campaign launch event on: May 25, 2023, 12:53:57 PM
@ETFbitcoin, I think that the words of most politicians are just plain populism, especially when they need every possible vote, and his advisors obviously advised him that it would be wise to mention Bitcoin, because the other two candidates who have the most chances do not mention it. It's not only possible votes, but also donations that will be received in BTC, so it actually kills two birds with one stone.



Quote
Florida Governor Ron DeSantis, who launched his presidential campaign in a Twitter Spaces event with Elon Musk on Wednesday evening, said he'd protect bitcoin if he's elected next year.

As far as can be read online, the presentation was a real fiasco with countless technical problems, which are nothing strange considering that Mr. Mars fired more than 75% of Twitter employees, especially those who knew what they were doing. Instead of a pleasant start, DeSantis suffered the same fate as that rocket that blew up before it could reach space.

2098  Bitcoin / Bitcoin Discussion / Re: Mr Beast’s house robbed of everything except for bitcoin on: May 24, 2023, 02:32:54 PM
I heard that some people mentioned this character on the forum, but I didn't pay attention to him, and now that I see how he behaves, I'm not too sorry for that. I don't know if anyone has ever confirmed that the robbery even existed, and it's no secret that these so-called YT influencers exaggerate or deliberately lie in order to increase their viewership - in other words, they will do everything for a few more clicks.

I would not laugh at thieves at all because they take what they can sell quickly and easily, but at people who keep their private keys on a piece of paper next to their personal computer or even worse in the computer itself. The question arises, who is the real fool in this story?
2099  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: May 24, 2023, 01:55:50 PM
Haha,
1111 sats, 2222 RTP Is too juicy a reward I must confess, Infact, I personally find the 2222 RTP more valuable than 0.007 btc which is the reward for rolling 10000, I never will expect FreeBitco to implement this suggested reward system, but at all they eventually decide to, then like I said previously, rolling those numbers will automatically not be as common as it currently is, and I am also assuming that this could become top rewards, most especially the 2222 RTP.

I think that for someone who can give a Lambo or $200k as the main prize, it would not be a problem to implement some symbolic prize for something that could be called "free roll special numbers", nor should it mean that the possibility of someone getting such a number should be made difficult in any way. Prizes could be in the form of lottery tickets, RP or maybe even golden tickets for a specific number in each week.

Of course, there remains the question of the technical implementation of such a reward system, but I'm sure that something like that would only make each roll even more interesting.



Thanks for the congratulations, @Lucius!
No, that's because I disabled getting lottery tickets with free rolls, as people said above. I always get zero of them,
with my every free roll.

You're welcome, good luck with the future rolls Smiley
2100  Bitcoin / Hardware wallets / Re: Ledger Recovery - Send your (encrypted) recovery phrase to 3rd parties entities on: May 24, 2023, 01:38:45 PM
He said that a lot of people write him and tell him that they can't carry the responsibility of keeping 24 word seed phrase safely and ask them for recovery options. Basically, what he says is 100% true for majority of users. I have even stated earlier that Ledger wouldn't do such a risky move without research and confidence. At the moment a lot of people are angry about their decision but it's a business, Ledger aims to satisfy upcoming millions of users instead of a current tiny userbase.


In recent posts, the "geniuses" from Ledger refer to their mothers and some future 100 million clients, and to me it looks like senseless and cheap propaganda, and by no means some kind of story that is based on the fact that Ledger is overwhelmed by requests from thousands of users who literally ask the company to allow them to share their backup with some unknown companies.

All those supposed users who are looking for such a risky feature actually have no idea what kind of nonsense they are looking for, and Ledger as a company turns out to be an even bigger fool if they enable this feature. In my opinion, the intention (although I think it is not true that a large number of users asked for it) of enabling such a service only shows that Ledger does not care that they try to present risk as a benefit, as long as their additional profit is behind it.

I also wouldn't call the millions of current users "tiny userbase", nor would I agree that some new users will rush to buy their devices in the future, although I may be living in the illusion that the average Bitcoin user will wise up with time and realize that Ledger has become bad product.



~snip~
The vast majority of people do not want their hardware wallet addresses KYCed or their wallets linked to their real identity and that information shared with blockchain analysis companies, governments, and whoever else pays for the data.

Just to add that it might be more correct to say that the vast majority of those who don't want it actually belong to that small percentage of people who understand the basic difference between a bank account and actually owning Bitcoin in the sense of "not your keys, not your coins". If a person does not understand the essence of Bitcoin, then it does not matter to him how the backup is stored, and if Ledger remains the leader in the sale of hardware wallets after all, it will only confirm that even the best ideas in the wrong hands do not make much sense.
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