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2121  Bitcoin / Bitcoin Discussion / Re: Why btc cannot move pow to pos on: October 28, 2022, 01:43:30 PM
This question comes, Do btc network can move to pow to pos?
I am just asking and there is a issue that electricitybill too. Enery problem

Bitcoin can easily move to PoS. This code is already has that implemented.
The problem is not technical. The problem is that moving to PoS is stupid. Moving to PoS will make bitcoin centralized, hence pretty much useless.
Maybe you should read a bit into https://bitcoincleanup.com/
2122  Economy / Trading Discussion / Re: How to DCA when BTC crashing on: October 28, 2022, 10:27:32 AM
Assuming you want to invest $1000, you can start investing $50 every week. That is the meaning of DCA. As you are investing $50 as bitcoin decrease further, you will still  be able to invest some amount when it's price is low. If you take the average of the weekly invested amount, you may invest at $17000 in average which is better than investing all at $20000.

Well, this was about trading, not investing.
I think that in trading the DCA works in a way like:
* you buy at 20k and set 22k as selling target
* if it falls to 19k then buy more
* if it falls to 18k then buy even more
* if it falls to 17k then buy even more, if you still have funds
* if it grows you sit and wait until the 22k target is met (or, if you've bought at 17k or 15k you can decrease the target too, according to the prices and amounts you've bought at so you get some profit)

I am not sure 100% though if I've got it right.
2123  Economy / Service Discussion / Re: Chip Mixer Problems on: October 28, 2022, 09:43:37 AM
- Download untrusted programs.

I'd guess that you meant "Avoid downloading untrusted programs." or "Download only programs you trust / from trusted sources." Wink
2124  Economy / Service Discussion / Re: Chip Mixer Problems on: October 28, 2022, 08:20:17 AM
Can anyone tell me what happened? I lost two deposits and it makes me sick to be throwing money away. I don't want to try a third time.

I cannot understand what has happened. Clipboard malware usually creates addresses similar to what is copied. The ChipMixer clone site you've mentioned (and I don't want to write it again) seems to also use bc1 addresses.
So it's *very* strange, I don't know where that address comes from. According to oxt.me that 33* is a 2-of-2 multisig, which also looks rather unlikely for phishing. Plus it has far too few transactions.
I have no idea where that address comes from.

I know that this will not be much, but all I can help are some advises if you will (ever) try again.
* bookmark the ANN topic and always get the ChipMixer address from there: https://bitcointalk.org/index.php?topic=1935098.0
* double check very good the address you send to with the address of the mixer - before you send the tx
* for absolutely every step you make, make screenshots. If you use Windows I recommend Snapper, since if configured you will only have to press Print screen key and everything else is automatic (but it's by far not the only software doing this).
** make sure you make the screenshots showing the web addresses you use
** make sure you make the screenshots showing the bitcoin addresses (both the mixer's and one you actually send to)
** make sure you make the screenshots showing the current time

This way you can track what is happening there if it goes wrong (and you know who is to blame).
You should do this every time you use a platform you're not familiar/comfortable with, not only mixers.
2125  Economy / Economics / Re: Why exactly did Elon want to buy Twitter? on: October 28, 2022, 06:39:52 AM
Twitter probably brings nice money from advertising. And it can be "improved" to bring more.
Twitter has a huge number of users. I would not be surprised if Elon has in mind businesses targeting vast number of users and this will give a good potential user base.

It may be somewhat political too, but I don't think that - no matter how rich he is - he would spend 44 billions only for political reasons. He must have been convinced he will earn that money back and more.
2126  Bitcoin / Bitcoin Technical Support / Re: How can this be done? on: October 28, 2022, 06:29:37 AM
Would that be OK?

Looks good to me for now, we will see for real on the 29th. Wink

I would only add that most probably at start some will be asking why the signature doesn't verify now for the text "Signed message will be revealed on 10/29/2022"  Grin and the format could be a bit more clear, but I am also not sure how to make that indeed better. Maybe write "Signed message will be revealed on 10/29/2022" before "-----BEGIN BITCOIN SIGNED MESSAGE-----"?
On the other hand, you can just send them to initial post by LoyceV and/or to this topic.
2127  Bitcoin / Bitcoin Technical Support / Re: How can this be done? on: October 27, 2022, 02:17:16 PM
Option 1. You can use LoyceV bot for the job by sending it a PM and make sure that you set the delay for publishing/revealing if you don't want the default of 7 days. The drawback is that LoyceV can see the original message from second 1.

Option 2. You do it yourself. Make the message, sign it, publish the signature and the address. When the time comes, write another post (don't edit the first), and this time post the full message, the address and the signature.
People will be able to compare the signature with the initial one and they can also verify the message; if it's the original message indeed, the signature will be verified.
2128  Economy / Gambling discussion / Re: gambling techniques on: October 27, 2022, 01:09:45 PM
However, if you go gambling it is always better to use a proven strategy than to play simply by relying on cheer luck!

This is not always true. Or it depends on what "proven strategy" people have. Some still consider Martingale as "proven strategy" if they didn't play for long enough to lose with it (and it's usually just a matter of time).
From what I know, gambling (not sport bets!) is always about randomness. And in randomness there's no strategy, hence sheer luck may be better actually (since strategies like Martingale may eat up your money faster than you relying on luck).
2129  Bitcoin / Development & Technical Discussion / Re: 1111111111111111111114oLvT2 on: October 27, 2022, 12:49:33 PM
But it's kind of hard to prove a "normal" looking address is a burn address... Anybody could generate an address and just say it's a burn address.

Exactly this is the main point.
While nobody will believe you that you've thrown away the private key for 1MocACiWLM8bYn8pCrYjy6uHq4U3CkxLaa, it's pretty much unlikely (heh 99.9999999%) that you or anyone can have the the private key of
1111111111111111111114oLvT2, 1BitcoinEaterAddressDontSendf59kuE or, why not, 1JasonBrendonHasMuchToLearnwzf2iV, simply because they are far too long to be vanity addresses.
2130  Economy / Economics / Re: Bitcoin as a secure investment amidst recession on: October 27, 2022, 12:21:19 PM
With recession lurking around some countries, bitcoin could be lifeboat for people looking for safe landing without it been influenced by government policies.

Yes and no. It depends very much on people and their finances. Bitcoin is great if you afford to hold for many years.
This usually doesn't happen in recession times, since the recession can bring higher prices, loss of jobs, ... forcing people spend their savings (including the bitcoins).

So yes, Bitcoin is great for people wanting to have 100% control on their money, if they afford to HODL. But recession complicates the things "a little".
2131  Bitcoin / Project Development / Re: Digital Bitcoin Giftcards on: October 27, 2022, 08:47:39 AM
How does it work on a technical level if this is custodial?
Quote
Go to giftmonero.app/redeem within 2 Hours to get your Monero!
I've seen custodial Bitcoin "certificates" that expired after many years, it lead to quite some drama on the Collectibles board, and apparently it was according to the Terms of the service. The site closed, and people lost "their" Bitcoin.

I have some thoughts on this too.
1. I surely hope that this is implemented in a way that by default the funds go back to original sender (and not the gift card app developer) after that period ends.
2. I would let the gift card funder decide whether the gift card expires or not (and the expire date, if any, has to be printed on the card). And I'll tell you why:
* if I want to give out money at some conference maybe I'll set up an expire date because I don't want my money be lost by people not interested to redeem it
* if I want to give it as a birthday present maybe I'll not set up any expire date because maybe my friend wants to keep it as a souvenir

Plus, it has to be stated clearly whether it's custodial or not (if it's custodial you may have trust problems and maybe also problems with financial institutions).

My goal is to be the easiest way to gift btc without app download or kyc causing friction in the process.

Sorry, I find the existing paper wallets (if generated properly, safely) and collectibles good enough for the job.
I mean that the recipient will have to install (and rather quick!) his own wallet, learn on his own to keep it safe (which is not gonna happen) and redeem that money. So one more level of complication.

But yeah, I may find easy the technical bits other don't gasp, so maybe my feedback is not that relevant or wrong. New projects - if made well (see my thoughts) - never hurt to be more.
2132  Economy / Goods / Re: ANONYMOUS CARD on: October 27, 2022, 08:00:02 AM
Since legally it's not possible - under most jurisdictions - to make anonymous VISA/MasterCard cards holding over certain small (lifetime) amount of money, this kind of cards usually is shady and overly expensive.
Plus there were scams too with "card companies" sooner or later no longer funding the user cards although the users have sent the funds.
2133  Economy / Economics / Re: What do you think of gold price in long term? on: October 27, 2022, 07:52:09 AM
It depends what "long" term means  Wink
For the next years, and not few, gold will remain the main "thing" used a reserve / wealth deposit, especially by (central) banks.
So unless something big happens in science (eg proving that earth contains much more gold than expected, or much cheaper means of extracting it), gold has it's place well defined.
We, bitcoiners, may expect a mentality change and adopting bitcoin as an alternative to gold. That will happen gradually, over long period of time.

So I'd assume that for the next 10 years at least, gold price is pretty much safe (i.e. no sudden moves, overall better chance to go up than down).
Still, as bitcoiner, I see no reason to care about gold now. Maybe some day as diversification...
2134  Other / Beginners & Help / Re: Some coins or a hardware wallet? on: October 27, 2022, 07:43:16 AM
My uncle's birthday is around the corner ( two weeks to this time ) and I want to gift him something related to crypto, the last time we talked he is so interested in crypto and I told him to keep doing some research online, what do you think is the best gift for a 64 years old man? I am thinking about Doge coin or a Hardware wallet?

If you expect him to spend in the near future, then yes, hardware wallet is the way to go.

But I expect the elderly are not interested in new hardware and may have difficulties with a hardware wallet. In such a case you can generate on your own HW (or a an air gapped live OS) a new seed which you give to him (at least 2 separate copies!), along with an address - so kind of paper wallet(s) he can import in his hardware wallet in the future. And of course, fund that address for a good start.
Obviously, you will have to tell him about seed safety and about checking his address on a block explorer.
2135  Bitcoin / Press / Re: [2022-10-26] UK Votes in Favor of Recognizing Crypto as Regulated Financial Inst on: October 27, 2022, 07:34:02 AM
@NeuroticFish. What is certainly bullish about this is there will be more institutional investors that will buy and hold bitcoin because the fear of it being under an unknown legal classification is not there anymore. Also, there might be more financial outlets for regular people to buy small amounts of bitcoin and altcoins.

Imho this law only brings more clarity. Crypto was not prohibited in UK and businesses have contracts or departments for the legal part, there was not much of fear there.
So there may be only the average Joe who may get some more trust in that, but the history tells that people tend to invest when the price grows fast and they FOMO, not when there's a clearer legal status...

I speculate the next unregulated part of the cryptospace and where criminality's billions of dollars might flow is in NFTs. This cashflow going inside might help NFT total market capitalization grow by 10x or more.

I don't know... while proper companies (eg Disney) start testing the waters of the NFT world, for now I see most of the NFTs are based on images worse than my son would do in Paint(brush).
What I say is that NFT scene has to evolve some more to indeed get hands on the big money.
2136  Bitcoin / Development & Technical Discussion / Re: A useful PoW without replacing Nakamoto Consensus on: October 27, 2022, 07:21:48 AM
I am unsure though what would stop somebody change his node to still accept (and then rely) new blocks even in the moments he should be sleeping.
I don't know if this can be done without a centralized entity that confirms the blocks were created only when they should (or sends out the tasks and "pays" for the blocks).
What am I missing?
2137  Economy / Services / Re: [Closed]Bounty pool - Royse777 [Monthly payment in BTC] on: October 26, 2022, 06:09:52 PM
OMG, come on... you should have been telling me before sending that  Grin
2138  Bitcoin / Bitcoin Discussion / Re: Hodlonaut Trial on: October 26, 2022, 05:12:07 PM
It looks like the next target of CSW is going to be Jameson Lopp. I guess that this guy doing this shitshow only to travel on others'  (Ayre's) money.
https://mobile.twitter.com/lopp/status/1585315567531364352

2139  Economy / Economics / Re: cryptocurrency and the UK's new prime minister on: October 26, 2022, 03:52:22 PM
For now UK seems more interested in the ways to tax crypto industry: [2022-10-26] UK Votes in Favor of Recognizing Crypto as Regulated Financial Instruments

While properly enforcing stable coins' legal status (by ensuring they're properly backed) would be a good development, I don't think that's a priority for them now; financial crisis is knocking at the door and they have to take care of the citizen and businesses.
And I fear that all they'll do on crypto's legal direction - when they'll have time for it - will be to ensure their CBDCs path is smooth for release, although I agree that probably won't happen too soon (hence we still have a chance).
I don't have expectations from that new PM. Plus, let's see if he's still there after 44 days, you know...
2140  Bitcoin / Bitcoin Discussion / Re: Sam Bankman-Fried the "savior" and his ideas on: October 26, 2022, 03:26:15 PM
he wants probably to portray himself either as a crypto messiah

Maybe some newbies and altcoiners can see him that way, but he's just another businessman who has felt the potential of crypto industry and started a business in this ecosystem. Nothing else. Not a believer, not a messiah, nothing. It's all about money. Fiat money.

"Saving" those businesses means more businesses to earn from, means more customers he can get fees from. It happens in all kind of industries, not only in crypto.
So anybody seeing him more than he is... should at least wake up (and make sure he doesn't lose money because of doing things while dreaming).
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