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2161  Other / Meta / Re: Abolish the Merit system and bounty threads on: October 26, 2022, 08:01:03 PM
That's cute. Now tell me, what have you contributed to Bitcointalk?

From the posts I'm going with they would be happier on AltCoin talk.

But beyond that since they are wearing a signature for a scam token. And they fully admitted after asking for a no collateral loan that they are just shilling and trolling.

My post history is mainly just retarded shilling and trolling. My offer would suit a UK based lender. The vehicle would be fully insured. I’m open to any imaginative terms or ideas for how I can get this financing.
https://archive.ph/QRwcQ

So I would figure this thread is just more trolling.
It is possible they do believe what they are saying, but I just don't see it.

-Dave
2162  Economy / Economics / Re: Food prices in Germany - Tell me what you want to know on: October 26, 2022, 03:22:11 PM
I guess the questions are what WERE the prices vs what are the prices and what is availability REALLY like.
Obviously there is a lot of oil on those shelves BUT was there 2x of it last week was the €2 bottle €1 last week?
The market is not that volatile to compare the price with last week. You should compare it over the long term like with the prices last year. Just like bitcoin price, in short term it looks like it is dumping or mooning but when you "zoom out" and ignore the bubbles you'd see a nice uptrend.

Since I have been saving receipts I went through a bunch from Sept 21 and Sept 22
Looking at a 1 to 1 compare i.e. if I bought it in Target Sept 21 I am looking for it in Target Sept 22 if I bought it in ShopRite Sept 21 I am looking for the same purchase in Sept 22. Comparing across stores is pointless.

Orange Juice = Same
English Muffins = Same
Frozen lunches = See above some went up a lot some went down an equal amount.
Chocolate = Up a lot BUT the on sale price is the same
Maple syrup = down a bit
Bananas = down a bit
Cereal = up a lot $1.19 to $1.49
Frozen chicken = Up about 7%+
Canned soup = up about 10%+
'Cheap' pasta = down about 20%
'Good' pasta = same
fresh pasta = up about 5%
[Can you tell I eat a lot of pasta....]

Everything else was not bought at the same store so I can't compare fairly.

What I AM seeing now is 'weekend pricing' a good cut of meat that is $18/lb on Wednesday is $24/lb Fri-Sun and when you walk back into the store the same meat is back to $18 Monday morning.
And from another thread I started a few years ago:
https://bitcointalk.org/index.php?topic=5254433.msg60867142#msg60867142

I really think that YES prices are up a bit, but people are really going into a panic because they don't want to change their habits.  Buy the steak you want for Saturday on Thursday, don't just go to the 1st gas station you see. etc.

Nothing wrong with the businesses doing it, they are entitled to make as much money as they want.

-Dave

Edit had a * instead of the + (typo)
Also, I think the bit of the + is to have the cost end in a 9. i.e. they didn't need to go from $1.79 to $1.99 for the soup but 10% would bring it to $1.97 so add $0.02 for more profit and call it a day....
2163  Bitcoin / Bitcoin Technical Support / Re: Sparrow wallet suddenly not connecting to node on: October 26, 2022, 12:04:04 PM
Also make sure any anti-virus software didn't wake up and decide that the incoming connection is an attack.
This has nothing to do with the firewall. Even after you opened the port and said 'let connections in' some AV software will STILL think that it knows better then you.
I have had this happen at times when a definition update changes something. And then, a while later after the next update, it starts working again with no issues.

-Dave
2164  Economy / Exchanges / Re: LocalCryptos is shutting down on: October 26, 2022, 11:31:36 AM
The other possibility, which still sucks mind you, is that they looked into compliance and then looked at the cost of doing it and said nope, not worth it. If BTC was at $100k and they were making 5X what they are now and they could have taken it a bit easy to deal with health issues and brought in a few lawyers and whoever to deal with the compliance and whatever else was needed. But it's not, and sometimes you just have to walk away. Would be nice if they open soured their code at shutdown so someone else could run with it, but on the other hand the fraud and scam sites that would start popping up would most likely be insane.
Any way you put it their reasons are certainly related mostly with regulations and compliance, but they can't go out any just say it like that in public.
Sure they could release source code but it's not some rocket science, and we already have similar P2P websites that works,
like LocalMonero, AgoraDesk, HodlHodl, etc. and they all have better rating than LocalCrytos on kycnot.me website.
Source code is also private for this alternatives, but advantages for LocalMonero andAgoraDesk are that No personal information is needed, no need for JavaScripts, TOR is available, there is API and Android/iOS apps.
That is much better than LocalCryptos, so people can just transition there.

What I liked and used a lot with LocalCryptos was the fast to face for cash. There are none listed in AgoraDesk (unless I am missing it) and very few on the other exchanges.
And their site is mobile friendly. Meet up at a local place, get some cash, release the funds, done.

Could also just be the comfort level, been using it on and off but not a lot for a few years, so I just got used to it. I am admittedly a creature of habit so figuring out which other P2P works for me is just more work.

-Dave
2165  Economy / Economics / Re: Food prices in Germany - Tell me what you want to know on: October 25, 2022, 09:03:01 PM
I'm hearing from some people here and there that today there is a cooking oil deficit in Germany...

I guess the questions are what WERE the prices vs what are the prices and what is availability REALLY like.
Obviously there is a lot of oil on those shelves BUT was there 2x of it last week was the €2 bottle €1 last week?

Here in the US you can see people running around screaming 'inflation is killing everything' but I can say because I am a REALLY boring person I am just not seeing it.

I get more or less the same grocery items from the same stores time after time after time and can say it's up a little, but at worst 5%. My pack of totally unhealthy chocolate chip muffins went from $5.49 to $5.79 the milk I dunk them in went from $4.89 to $5.09. BUT bananas went from $0.29 each to $0.25 each at one place and $0.49 / lb to $0.45 a lb at another. The bottle of salad dressing has not changed price. The cases of seltzer are still 3 for $12.

The frozen box lunches I keep in the freezer at work have actually gone both ways. I have 2 brands that I buy regularly they both used to be the same price $4.49. One went from $4.49 to $3.99 the other went from $4.49 to $4.99 so guess which one I am buying.

I guess it could be what I buy or where I shop but I really don't know. I am not seeing it to the extent that people are talking about.
Also, you have to figure 'not much is going on' makes for a really boring news show.

-Dave
2166  Bitcoin / Bitcoin Technical Support / Re: Umbrel — Discussion, issues, solutions on: October 25, 2022, 07:58:00 PM
Updated mine with no problems.

I really like Umbrel, as of now it's my default recommendation for a pre-built node.
The one thing I still would prefer is the ability to connect without TOR. There are a few things that it really does lower the usefulness of with everything as TOR only but it is what it is can't have it all.

-Dave
2167  Bitcoin / Mining / Re: Stratum v2: After 10 Years, The Most Used Bitcoin Mining Software Gets Facelift on: October 25, 2022, 06:49:39 PM
What we see on the site stratumprotocol.org on its main page it says this: Stratum V2 is the next generation protocol for unified mining. This increases security, increases the efficiency of data transmission and reduces the requirements for the mining infrastructure.
There is no question of any individual creation of blocks, the protocol simply improves the interaction between miners, the pool and the blockchain to increase the efficiency of joint mining.

The blocktemplate creation by miners is an add-on feature, it's not the backbone of Stratum V2, the miner firmware needs to implement it and the miner owner needs to choose whether to use it or not, many people are skeptical about this, some people think things could wrong and pools would start losing blocks due to miners adding unverified transactions by mistake or for any other reason.

Personally, I think it's too early to judge, I believe the extra encryption and using plain binary instead of JSON will lower the bandwidth usage which is great (of course, assuming the miner doesn't care about the transactions and just sticks to the V1 principles of receiving work and sending shares to the pool).

Such a transition would probably take years, but I am confident that sometime in the future every pool and every miner would be using Stratum V2 after it has matured and become stable.

Been thinking about this since you posted it a week ago. I keep looping around. Are miner manufacturers going to create new binaries for the new stratum and risk having issues with it before pools support it.
And will pools support it if everyone is still using V1? And it just keeps looping and never takes off.

Take a look at IP6, been around since 1995 you know pre internet boom and it's adoption is still minuscule. Heck some cable ISPs are still supplying modems that do not have V6 enabled.....

-Dave
2168  Bitcoin / Bitcoin Discussion / Re: PSA: Get your Bitcoin off any exchange supporting "BSV" (due to insolvency risk) on: October 25, 2022, 02:39:40 PM
If they know which, if any, exchanges are not using their own node(s) but puling from Blockchair then they could know that as of November 7th they are going to have to stop supporting BSV.
Blockchair's BSV explorer has already had times where it has shown no new blocks for several days, while other block explorers have been dozens or even hundreds of blocks ahead (albeit with every block explorer you check either at different heights, or at the same height but showing different forks). Although it seems to have caught up now, any exchange which was solely relying on Blockchair would have had to suspend their BSV deposits and withdrawals for over a week now.

I pointed out above that Coinex was still active BUT since they are closely linked with ViaBTC I assumed that they were using their block explorer. And they had a low confirmation rate.
Thinking about it, Via dies have enough SHA hashrate to do whatever they want to the BSV blockchain if they wanted to. So if they had a reorg that caused them to loose coins they could always 'fix' it.

But, I also asked and nobody replied as to what number of confirmations other exchanges were using. If they were at some very high number, then even with the re-orgs and stalls it might have not mattered.

Kind of like back in 2017 when some exchanges were waiting on 500 confirms for BCH before they changed the DAA.

-Dave
2169  Bitcoin / Bitcoin Discussion / Re: May we have 2 independent networks? on: October 25, 2022, 01:18:48 PM
In the scientific view of things it is an interesting scenario to discuss. In reality with the way the the internet is setup and the way things work it's just about impossible.

There are so many redundant paths to places and contiguous loops of fiber and BGP is really robust enough to figure out a way to get data from A to B. It *will* be painfully slow and for BTC there would probably be a bunch of 1 or 2 block reorgs as nodes get the new tip of the blockchain. But, since international banking and finance and shipping and just about everything else would have imploded it would probably not matter.

Someone brought this up a couple of weeks ago too. Can't find the post at the moment.

-Dave
2170  Economy / Exchanges / Re: LocalCryptos is shutting down on: October 24, 2022, 01:54:29 PM
I'm now wondering whether those so-called Bitcoin and decentralization advocates who are rich and willing to shell out hundreds of millions to save the likes of Liquid, Voyager, BlockFi, and others, all inferior to LocalCryptos' vision, would also extend the same offer to save a worthy cause.
I'm not holding my breath. These buy outs are not done for altruistic reasons to support bitcoin - they are done solely for personal profit, and a decentralized peer to peer exchange just doesn't generate the types of profit that a centralized lending platform does.

although I would say that this is a forced move because just a few months ago they were hiring new developers https://jobs.gohire.io/localcryptos-ddlp8az9/react-native-mobile-app-developer-63702/
Good spot. It does seem they have fairly suddenly been hit with regulations or requests to start collecting KYC or similar, and have decided the best route forward it to simply cease operations. Perhaps if there weren't the health issues they mentioned in their statement they would consider moving jurisdiction, but doing so is more than they can deal with at the moment. Although Wasabi recently moved jurisdictions and yet continue to invade their users' privacy, so perhaps it's not as simple as that.

The best web based alternative now is probably Agoradesk/LocalMonero and RoboSats, although Bisq remains the gold standard. Let's hope a significant amount of the volume from LocalCryptos moves to Bisq and helps grow its ecosystem even more.

The other possibility, which still sucks mind you, is that they looked into compliance and then looked at the cost of doing it and said nope, not worth it. If BTC was at $100k and they were making 5X what they are now and they could have taken it a bit easy to deal with health issues and brought in a few lawyers and whoever to deal with the compliance and whatever else was needed. But it's not, and sometimes you just have to walk away. Would be nice if they open soured their code at shutdown so someone else could run with it, but on the other hand the fraud and scam sites that would start popping up would most likely be insane.

-Dave
2171  Bitcoin / Bitcoin Discussion / Re: PSA: Get your Bitcoin off any exchange supporting "BSV" (due to insolvency risk) on: October 24, 2022, 01:33:19 PM
Not an exchange, but it looks like Blockchair will stop supporting BSV (and EOS) in about 2 weeks. You are shown a banner at the top of the page whenever you try to use the BSV explorer with the following text:
Quote
Please note that on November 7th, 2022 we'll be limiting full public support for the following blockchains: EOS, Bitcoin SV. We recommend switching to alternative explorers.

Can't say I blame them when on any given day there are about 5 different chain tips to try to pick from until Proof of Tweet kicks back in and the BSV gods dictate which chain is the One True ChainTM.

I'm guessing that since they make their money from selling API access and other services that the cost of keeping the BSV chain up and running and on the correct fork is now costing them more then it's generating.
As I said a few posts up, as soon as a business is no longer making money with a coin it's gone if there is a cost to keeping it up and running.


Also, looks like CoinGeek might know something we don't and are running preemptive damage control. https://coingeek.com/bsv-doesnt-need-exchanges/
Next up: BSV doesn't need a blockchain. Roll Eyes

If they know which, if any, exchanges are not using their own node(s) but puling from Blockchair then they could know that as of November 7th they are going to have to stop supporting BSV.

-Dave
2172  Economy / Exchanges / Re: LocalCryptos is shutting down on: October 23, 2022, 01:13:02 PM
I did not use them a lot, but I did use them. Makes you wonder if they ever made a 'profit' running it. Yes they took in money and so on, but did the income ever cover the costs of development and running the site. I would *think* that if it was cash positive enough they would find a way but at the I can make more money working at Taco Bell with less stress point, you do have to let it go.

Yes, I am sure regulation was part of it, but if they were making enough you can move and keep going.

-Dave
2173  Bitcoin / Bitcoin Discussion / Re: Bitcoin mining ban in Europe on: October 21, 2022, 07:45:47 PM
If it's only 10% as stated then VERY short term it might matter, but in the long run probably not.
There are enough green / renewable places to mine for people that want it. And enough other places that don't care where you can have mining farms.

And lets face it, no matter what you are never going to stop home mining and small operators. If you force the big players out of an area out it just means more and cheaper equipment for others.

-Dave
2174  Economy / Scam Accusations / Re: Providing Fake ID proof Document (wonderland_forgery) on: October 21, 2022, 06:57:53 PM
I would like to start with I would never use a service like this, and disagree with it. Followed with a but, quoting myself here:

Opinion / conjecture: Over the years a lot of people opened accounts in a lot of places with information that may not have been accurate then, or over time changed like address / license information / whatever.

And unlike your bank that you by default used legit information with and knew to keep updated with the crypto exchanges they never did. Now that KYC is becoming mandatory a lot of people are having trouble verifying that they live at 1234 nowhere street. Or they moved twice since they registered with 100% legit info but now they can't prove they ever lived where they did in 2014. And so on....

Going back to the motorcycle world, we had a club member have to take a few 1/2 days at work because in 2002 he bought and titled a project bike, but never registered it. Moved a few times since then and lost the title. Went through hell at the DMV trying to get a new one sent to where he lived now, not where he lived in 2001 to 2004.

-Dave

So long as YOU are just trying to get YOUR money out of a service because you either did something stupid but, did not commit 'fraud', and they are making you jump through KYC hoops, I can actually see the need for people to get ID that might not be them. It's sucks and it's just about insane that you may have to commit fraud to get your money back. There are some people that will say 2 wrongs don't make a right, but at what point do you pay someone $100 to make you a fake ID, so you can get your funds out of an exchange / casino / whatever that sprung KYC on you after years of use.

-Dave

And with the 2 wrongs don't make a right; keep in mind 3 rights do however make a left for the next time you get lost in a new city that has a bunch of no left turn intersections.
2175  Economy / Service Discussion / Re: Another one bites the dust: Nuri (formerly Bitwala) on: October 21, 2022, 12:22:24 PM
The positive thing is that Nuri (Bitwala) customers have access to their funds and according to the CEO's letter, they can withdraw their money until 18 December 2022. Not only that, but trading on the platform will also continue until the last day of November. Let's just hope that for the sake of the investors and users, that all that is true. Nuri is a business with German headquarters, so that instills some confidence at least.   

The question is how and if did they let their customers know. Did they send 1 email that may or may not have wound up in their spam box, or have there been repeated attempts? Yes, the front page has the letter but if you had their login page bookmarked https://app.nuri.com/login there is nothing about it.

I have a few exchange accounts with some dust / small amounts in them. I don't read a lot of the mail that comes from them because most of it is crap. And now they are giving only 60 days to pull funds. Unless they are sending a lot of emails, I can see in early 2023 getting a lot of posts here from users that had small amounts that were just sitting there because it was only $xxx and it was not that big a deal. And now they can't get it.

Don't get me wrong, still way better then all the exchanges that disappeared in the middle of the night.
-Dave
2176  Bitcoin / Bitcoin Discussion / Re: PSA: Get your Bitcoin off any exchange supporting "BSV" (due to insolvency risk) on: October 21, 2022, 01:10:02 AM
Probably not going to matter much but as @gmaxwell mentioned in another thread hodlonaut won his case https://twitter.com/hodlonaut/status/1583086284792205312
So it might not make a difference OR faketoshi might start a scorched earth campaign and attack everyone he can. In the end it probably does not matter anyway. There will always be people who believe him and it's probably not worth anyone's time to change their opinion on that. We can just make sure that the number of people who do believe him is as small as possible.

-Dave
2177  Bitcoin / Development & Technical Discussion / Re: Is anyone working in a "pruned download"? on: October 20, 2022, 01:32:52 PM
OR if you work for a government office, which 100% has dirty politicians, then you definitely SHOULD install a Bitcoin node in ALL those government computers. Make them mine unprofitably too! It will be considered a public service. Ot's probably one of the demonstrations of the importance of pruning, you can stealth-install Bitcoin nodes in computers you don't own. Cool

Drifting OT, but only if they don't have proper security and allow people other then the IT staff / administrators to install and run software.

Back OT, other then the savings of long term storage space I still don't think it's worth it. If you can get the d/l from what you think is a trusted source, then fine. But as has been mentioned, that goes against the verify it yourself principle of BTC

Going to leave it at that, I don't think either side is really going to change the other sides mind at this point.

-Dave
2178  Economy / Service Discussion / Re: Suspected Tornado Cash (Ethereum mixer) developer arrested on: October 20, 2022, 11:58:11 AM
Yeah, but at least in the case of Ulbricht the government knows what it is doing. They know where they are coming from. They were up against something that is clearly illegal as per the letters of the law. This is not the case with Tornado Cash. Money laundering, of course, is illegal but the one who wrote the code is not the one that is laundering money. The one who wrote the code didn't have anything to do with the laundering itself. Moreover, writing codes isn't a crime, either. So the dots simply don't connect. This case has a lot of gray areas as compared to Ross' case.

Playing devils advocate here, but until it goes to trial we don't know everything. I *think* that there is more to it then we are seeing but that is just a personal guess from other cases. Writing the software to launder money is not illegal by itself. Getting paid to do it is if you know that it will be used for illegal reasons. Running the software may or may not be legal depending on a bunch of things. Getting paid / taking money to do it is.

It's a fuzzy line, and where you cross it can not always be obvious.

-Dave
2179  Economy / Exchanges / Re: Is Bitstamp still trustworthy? on: October 19, 2022, 06:46:06 PM
Opinion / conjecture: Over the years a lot of people opened accounts in a lot of places with information that may not have been accurate then, or over time changed like address / license information / whatever.

And unlike your bank that you by default used legit information with and knew to keep updated with the crypto exchanges they never did. Now that KYC is becoming mandatory a lot of people are having trouble verifying that they live at 1234 nowhere street. Or they moved twice since they registered with 100% legit info but now they can't prove they ever lived where they did in 2014. And so on....

Going back to the motorcycle world, we had a club member have to take a few 1/2 days at work because in 2002 he bought and titled a project bike, but never registered it. Moved a few times since then and lost the title. Went through hell at the DMV trying to get a new one sent to where he lived now, not where he lived in 2001 to 2004.

-Dave
2180  Economy / Goods / Re: ~ Buying a TESLA CYBERTRUCK with BITCOIN ~ on: October 19, 2022, 03:12:34 PM
Guess he watches too much Top Gear: https://www.youtube.com/watch?v=YVjo6YOT3Zg

Local authorities are going to be drooling over the amount of money in fines they are going to make when people put a vehicle in the water that does not meet coast guard safety standards and does not have the appropriate safety equipment on board. Does not matter if it's a cybertruck or a bunch of logs tied together to make a raft once it's above a certain size and weight and is floating in open water you better have a hull number, life vests, flares and so on. And don't forget the proof that you took a boater safety class.

*I* got dinged in AZ helping a friend launch his boat at Salt River because he pulled the truck away and I looped the boat to shore without loading the vests and safety equipment. The only thing that saved me was the fact that I could whip out my NY boater safety card followed by some jagoff in a jet ski that came whipping by with a radio so loud I think they heard it Phoenix so he decided to stop yelling at me and take it out on him.

-Dave
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