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2141  Bitcoin / Bitcoin Discussion / Re: Now is the time to just wait for the price of Bitcoin to come down. on: July 05, 2022, 04:57:21 PM
Do DCA and you will bought at the lowest.
DCA does not mean finding a bottom so it does not result in buy at the lowest. Sometimes it is but most of times it is not.

With Dollar Cost Averaging, you make plan to use your income and capital for investment on regular basis. The basis can be weekly, monthly, quarterly and you don't try to find lowest price for each regular buying round. It does not a big intention when you apply DCA.

DCA regularly has another advantage: you won't go empty with capital to do it. Exception is when you lose your jobs and no longer have enough regular income that should be used for DCA. With DCA, you can buy at many entry prices, from high to low.
2142  Bitcoin / Bitcoin Discussion / Re: There is a Museum of Bitcoin Mining History in Caracas, Venezuela on: July 05, 2022, 11:00:24 AM
Venezuela has lot of interesting ideas. They are like one of pioneers in Bitcoin industry.

When I read your topic, I am doubtful that whether Venezuela just made a first ever Bitcoin Mining Museum. I did not believe it is the first ever in history. After searching, impressively to know, it's an actual the first one, in history. A round of applause for that country and for people who made it.
2143  Other / Beginners & Help / Re: List of interesting Bitcoin statistics on: July 05, 2022, 03:00:14 AM
Days ago, I forgot to share those websites that are reading resources and helpful to calm down your panic minds. When you are panic, read articles and view charts.

2144  Other / Meta / Re: My Hero Member Account Hacked. please help on: July 05, 2022, 02:35:58 AM
If I remember correctly, when we set up email account security, in addition to asking for a phone number, google also asks us to set up a recovery email. If your primary email is hacked or your password is changed unexpectedly, it will send you a notification to the recovery email. please double check that you have them set up, if so check your alternate email inbox.
There is [BEWARE] Sim Port Attack and 2 factor authentication for email but it depends on how you set up password for your email and whether as well as how you set up 2FA for your email. Recovery email is a one of last resort to recover your email.

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I don't remember exactly reading somewhere if our email was hacked and we completely lost access. The last way we can do it is to send report to support and information including primary email, recovery email, phone number and most importantly, the date you created the email account.
Each email provider has different security mechanism as well as recovery method for users from Back up codes, 2FA or recovery (alternate) email. You must to read their guides or their warning/ reminder that regularly pops-up if you have yet set up enough security for your email.
2145  Bitcoin / Bitcoin Discussion / Re: Will BTC survive if encryption/cryptography becomes illegal? on: July 05, 2022, 02:11:26 AM
I've read somewhere about the US proposing a ban on cryptography/encryption algorithms for good.
For good? What for?

They try to hide facts as much as possible from the public. Now they are proposing to ban on cryptography/ encryption for good, really? Or it is just for their own good for centralized power?

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Doing such a thing will not only mark the end of privacy, but also traditional cryptocurrencies we know and love today. Bitcoin will be the one cryptocurrency mostly affected by the government's measures.
No matter what is solution or tool used by governments, Bitcoin will be their first target if they are aiming at cryptocurrencies. They and we know that Bitcoin is a biggest cryptocurrency, a first successful one in this industry. So if you want to kill an industry, let's start killing its leader first.


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That said, do you think BTC will still survive after an encryption/cryptography ban comes into effect? Will such a law be approved by the US and other countries? What will be the implications for the development of the crypto/Blockchain industry? Your input will be greatly appreciated. Thanks. Smiley
I could be wrong but in my opinion, they can not.

They can not ban the Internet, can not ban Tor connection. So will they successfully restrict how people use electricty?

Some countries can do it but having it at global scale is impossible. Fortunately, Bitcoin network is decentralized, globally and it will survive.
2146  Alternate cryptocurrencies / Altcoin Discussion / Re: New to staking - is this worth it? on: July 04, 2022, 01:45:20 PM
If you have to stake your coins on a third-party service, you don't have control on it. That service can be compromised, bankrupted and will no longer be able to pay staking reward to their users, including you. It's a first and biggest risk.

Another risk is in theory, you will receive higher total coin by staking, and in the end of your staking but will its total value increase or be the same as initial one or worse, will be lower?

Remember, we are in a bear market and price can fall more. Think of such risks before you join staking.
2147  Other / Beginners & Help / Re: Kucoin help - Just signed up. on: July 04, 2022, 01:33:37 PM
I just want to buy about £200 worth of each altcoin and hold, I don't want to trade.
Buying many altcoins in bear market and hold? I call it as suicide.

From past bear markets, most of altcoins lose more than 95% to 99% of its value from ATH. Most of them die in bear market and developer teams abandoned their projects in bear markets too.

Historical snapshots from Coinmarketcap shows you that top altcoins can die too. So think of it, and see what altcoins you are considering to buy? Even they are top altcoins, they are not completely safe.
2148  Bitcoin / Bitcoin Discussion / Re: Bitcoin the most innovative technology on the internet on: July 04, 2022, 01:28:50 PM
For a while, I have been thinking about the world economy, and how the distribution of information and data has been in the last decade where institutions rely on the traditional system. The bank has the power to control the flow of financial information and data
Not your keys, not your coins.

Even stable coins can be frozen in your wallet.

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with Bitcoin and the blockchain, the virtual digital system has changed the way and manner the world financial system operates without injustice to any part of the chain and on a decentralized network.
You should use technical term more carefully. Virtual is a misleading term used by governments or any entity that don't want people get access to Bitcoin and cryptocurrency.

So please don't bind 'virtual' with either digital currency or cryptocurrency

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So to this point Bitcoin can be said to be the global digital currency because Bitcoin has no restrictions and is not controlled by anyone.
It is not. I am Bitcoin enthusiast and I know Bitcoin is widely accepted on may platforms, has many use cases but to call it as a global digital currency, it is not. Not yet reach to this phase.
2149  Other / Archival / Re: Loans ---- want 80$ to Thursday 15% on: July 04, 2022, 01:23:20 PM
Want 80$ btc to Thursday 15 percent

bc1qsed77mp3nyf0nmh2pnjxgczfuwlsp87edkgznw

Just send / post
Do you still need it?
2150  Bitcoin / Bitcoin Discussion / Re: Bitcoin is -not- "still in its infancy" on: July 04, 2022, 01:16:18 PM
Bitcoin is more closely akin to a teenager.  Both in years and level of development.  It's not fully mature, but it's certainly no baby.  And I think we risk selling Bitcoin short by comparing it to something so vulnerable.  Bitcoin has survived in the wild for years against determined attackers.  It has time and again proven itself resilient and indomitable. 

It's the usage and acceptance of Bitcoin we are trying to refer to as still maturing.  Not the technology itself.
I don't try to define a name-calling for Bitcoin but yours looks good, teenager.

  • The bullish case for Bitcoin
  • In that article, Vijay wrote about Lindy effect that will become bigger with time. That is exactly what we are witnessing and what you raised here.
  • I agreed with you that after 13 years, Bitcoin is no longer in its infancy. From its age (13 yr old) to Lindy effect, it is far from infant time
2151  Bitcoin / Bitcoin Discussion / Re: Peter Schiff account frozen on: July 04, 2022, 01:11:11 PM
Be your own bank with your Bitcoin that stores in your non-custodial wallet. You must have usable backup of that wallet for later recover.

No bank, no government, nobody can seize, free your Bitcoin wallet or steal your Bitcoin without access to its private key, if you don't give it away.

Peter Schiff was just too late to realize that risk or he just naively believes in central banks.

Time to read the never old advice: Not your keys, not your coins and Security Checklist
2152  Bitcoin / Bitcoin Discussion / Re: Bitcoin address re-usage can lead to theft of private keys on: July 04, 2022, 09:17:18 AM
just a side note here, bitcoin.com is not the real home for bitcoin, just to know that the link there describing the advantages of their bitcoin wallet is not the real bitcoin wallet, it's just the Rorger Ver's altcoin.
Two screenshots by pooya87 from the past, in early days of Roger Ver's scam efforts. There are better sites to learn about Bitcoin, read news about Bitcoin.


2153  Other / Beginners & Help / Re: Copper membership on: July 04, 2022, 08:56:43 AM
snip
Additionally, you don't have to fully quote any post you reply. You can use snip like me. Why should you snip unnecessary part of quoted posts?
  • It reduces your post length, and a page length (one page contains 20 posts). Imagine one page with 20 posts like yours, it is a 'shit' page.
  • It avoid distraction on readers.

More about Bitcointalk posting etiquette
2154  Other / Beginners & Help / Re: Be safe from Hackers on: July 04, 2022, 06:00:25 AM
    Even if some official social media account of any of the institution promote cryptocurrencies, giveaways or NFT, don't fall for it. By the time make a clear analysis and go further.
    Basic rules don't change
    • Be careful with any link or email from strangers or strange sources, especially if it contains financial incentives.
    • Don't click on strange link if you can not verify its source
    • Keep your mind neutral and avoid being greed with invitation from strangers

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    Yesterday the British Army's Social media accounts were hacked and more scams were promoted. It is always good to stay safe as hackers are always in search of possible ways to scam common people
    Damn! Hack means they have very bad password and very bad security. In addition, this account belongs to British Army that is a very bad news. How a governmental, army force can have too bad security like that?
    2155  Other / Beginners & Help / Re: Copper membership on: July 04, 2022, 05:49:55 AM
    Please read the Announcement topic and buy it there: https://bitcointalk.org/index.php?action=credit;promote

    After you buying a Copper membership, you have two options, activate it or not.
    Once you have it, you get the choice:




    Additionally, you can apply to have whitelisting for your account. LoyceV can help.


    i am a bit blocked by being active on Bitcointalk, i cannot send more than 1 PM / hour, more than 1 reply / 360 seconds, 2PMs per day.
    It is limitation with your rank. When you rank up, your limitation will be higher. Read more Forum ranks/ positions/ badges
    ActivityMax recipientsMax recipients if whitelistedMax PMs per hourMax PMs per hour if whitelistedMax PMs per dayMax PMs per day if whitelisted
    02101402120
    15310104015120
    30510104030120
    1007142080150600
    25015301201203001200
    500303012012012001200
    2156  Other / Meta / Re: Issues With The Forum's Search Engine on: July 04, 2022, 02:24:18 AM
    To be honest forum search is suck if you search with long contents/words, since it will bring not accurate result or error.
    Do you know even Google has limits on total words in a search query?

    Basically, when you are searching for something, you must have clear mind on what you're looking for. You must have keywords for your search. Keywords help you to narrow down search results and give you more relevant results.

    If you don't know what keywords to use, that means you don't actually know what you are looking for.
    2157  Bitcoin / Bitcoin Discussion / Re: Bitcoin address re-usage can lead to theft of private keys on: July 04, 2022, 02:12:07 AM
    1. It is quite harmful to one's privacy and becomes an impediment to BTC censorship resistance
    It is why we have changed addresses and there is advice to use changed addresses and avoid to reuse addresses.

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    2. It can leave one open to niche attacks and one becomes vulnerable to these cyber thieves who will extract private keys from signatures after a transaction has been made.
    Do you know that a process from Private key > Public Key > Public (Receiving) address is a one-way process.

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    3. Quantum computers could extract private keys if these addresses are re used.
    Quantum computers are things used to spread fear about Bitcoin. It started years ago and now still can not break Bitcoin private keys. Do you really think that Bitcoin protocol won't be upgraded over time in order to be better for itself and to protect itself from potential attacks, exclusively Quantum computers.
    2158  Other / Beginners & Help / Re: Then what will happen to your account? on: July 04, 2022, 01:51:53 AM
    The forum discourage account selling so it is similar to the case you ask.

    Account selling is discouraged because a buyer, a new owner of one account can use it for wrong purposes such as scam. In case you have a very trusted account here, and you fortunately pass away, will your account be used correctly (at least no scam) by your relatives.

    Who knows what will your relatives do with it?

    Forum has some mechanism to highlight potential suspicious activities:
    • Password, email change/ reset via email (in sec log): https://bitcointalk.org/seclog.php
    • Password, email change in profile page (click on Trust and you will see such changes). There is a window to display such changes, maybe up to 30 days (?)
    2159  Bitcoin / Bitcoin Discussion / Re: MicroStrategy Acquires Additional 480 Bitcoins on: July 03, 2022, 08:29:14 AM
    MicroStrategy has purchased an additional 480 bitcoins for ~$10.0 million at an average price of ~$20,817 per #bitcoin.  
    As of 6/28/22 MicroStrategy holds ~129,699 bitcoins  acquired for ~$3.98 billion at an average price of ~$30,664 per bitcoin.
    Michael Saylor is a very strong investor with strong diamond belief in tech and future of Bitcoin.

    I would like to point out another viewpoint with which you will not count total value of Bitcoin he has bought so far or value of each buying batch. Let's consider it in Controlled supply of Bitcoin.

    After the reward era #7, 4 more halvings, there will be 164,062.5 BTC available in future supply for miners to mine and get from block rewards. Now, let's compare that number with total BTC is holding by Micro Strategy. If Micro Strategy holds those BTC until that halving, they will own 79% of rest future supply. That is massive guys.

    2160  Other / Beginners & Help / Re: [Beware]New scammer scheme using exchange on: July 03, 2022, 08:12:20 AM
    I decided to not post the exchange name so that no one will click it and save it to there history. It will be my conscience if someone mistakenly register on it due to this post so I preferred not to brought up here the name.
    It is a good practice
    • Avoid posting links of scam projects, scam websites or exchanges.
    • Instead, you can put it into code block or something like exchangeA[dot]com.

    Another thing is your message should be clear, from your topic title to your topic content. So readers won't misunderstand what you imply. Writing is an art and if you have good writing skills, you can convey your idea to text much better.

    The warning on this type of scammer would eventually be good if youll expose a full details especially the name. I mean its not like you are accusing them, but since your post almost says they are scam then might as well warn others 100% by giving its name, you are already helping a lot of members to avoid such exchange.
    OP meant scammers try to direct potential victims to an exchange to scam them. It does not mean that exchange is used for that scam is a scam exchange.
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