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221  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM stolen in a liquior store on: October 10, 2021, 06:40:07 PM
The footage on this following link provides a better view on how the thieves perpetrated the robbery, showing some images from inside the store:

https://www.nbcbayarea.com/news/local/thieves-break-into-silicon-valley-liquor-store-to-steal-bitcoin-atm/2677506/

It looks like a "simple enough" machine to steal, not being too large, so likely a relatively easy target. They likely knew full well that it had USD inside, and that is what they were after.

Some BTC ATMs allow you to actually see how much cash is available at a given Bitcoin ATM (others had to turn it off due to burglaries), which gives thieves a clue as to when and where the hit may be worth their while. I don’t know if this specific brand/franchise makes the amount readily visible.


The thieves definitely did some background research on the BTC ATM, no thief would just run onto it and try to bring the whole thing, I guess the vulnerability of Bitcoin ATMs is that some of it actually is easy to steal and pretty lightweight, the fact that it only took a medium-sized van to take the whole thing together, and ATMs like this doesn't have that much security, I guess there's room for improvement on machines like this security-wise, although I do feel like the amount of that ATM won't be that much compared to hackers actually being able to breach through wallets online, but still, definitely ton of money inside that machine, also, it destroyed the whole entrance of that liquor store, so the damage and the losses are just really saddening for the owner.
222  Bitcoin / Bitcoin Discussion / Re: I am new to Bitcoin and have been using Coinbase only. on: October 10, 2021, 06:13:32 PM
I agree with the others, Electrum wallet is a good choice, I am using Coinbase right now but not for long-term, will place this on my hardware wallet after a few weeks, Coinbase may be one of the popular wallets but the downside here is that this is an online wallet.

As a newbie, this forum will help you a lot, Electrum is a good wallet, although it may complicate you on how to operate it, though I think they've improved the user interface through the years since this wallet is pretty old but one of the most reliable wallets that are free. I suggest buying a hardware wallet, it doesn't cost that much to be honest, after gaining profit, it's worth your money on investing a hardware wallet.
223  Alternate cryptocurrencies / Altcoin Discussion / Re: SHIB the new tough competitor to DOGE on: October 10, 2021, 02:33:19 PM
I'm not so sure if shiba will break 1 cent for now except for the long term and can happen at the next moment, namely in 2024.I don't dare to buy now because the price is already quite high in my opinion

Not now, and not as late as 2024, probably either next year or 2, SHIB surpassed Dogecoin, it's crazy how a single tweet from Elon can make quite a big difference, now it's the battle of the memecoins and who will finally have better value in the future.

Now's not the time to buy, probably when the dumping begins.
224  Alternate cryptocurrencies / Altcoin Discussion / Re: Is USDT a trustable? on: October 10, 2021, 02:24:36 PM
In recent days lots of bad news are hearing from usdt and what will be happen if the usdt is a scam,should i change other stable coin,any recomendation for the stable coin?

USDT would have plummeted in the top rankings in the market if it wasn't a trustable coin, also, some people prefer trading with USDT because of it's volume and liquidity, they also invest in USDT because it benefits the user offering them low transaction fees, one of the recommended stablecoins by crypto enthusiasts is Tether (USDT).
225  Alternate cryptocurrencies / Altcoin Discussion / Re: Battle of supremacy between Dogecoin and Shiba Inu on: October 09, 2021, 08:17:01 PM
Both of them are meme coins. Investing in those coins come with a very big risk. A risk so huge that it might wipe away everything you invested. Dogecoin went up as soon as Elon started showing support for that coin. The price of dogecoin is still high and hasn't crashed back to its previous lows because the dogecoin community is too big and strong. On the other hand, Shiba Inu, another meme coin started to gain popularity (out of trend/hype) and the community is growing. Shib has its own DEX and has some use case, though offering nothing new. And if you go to their reddit thread, you will see people just talking about holding and getting rich. So you know what's going to happen when the price go up... people are going to dump it to collect their profit. So if you are willing to take the risk of losing everything, you can try investing in those meme coins.

I don't consider them as meme coins anymore, you may call them as meme coins but they have value, also, people can claim it as meme coins but there are people who are serious in investing in these coins, Reddit threads aren't enough to actually justify the fact that people are still planning to invest in Shib, Shib surpassed Dogecoin and was actually pretty quick, though the value may seem small, these two coins are still battling against who's better.

226  Bitcoin / Bitcoin Discussion / Re: Reason why businesses should accept Bitcoin payment on: October 09, 2021, 03:29:26 PM
Why not? it's actually an advantage for everyone, I would personally be glad to accept BTC as a form of salary, the only downside I can see is that if the value becomes bearish, other than that, if the price is going up, and so does our salary.

Start-ups that will be taking Bitcoin as a form of salary is a good investment, the fact that they can also gain profit from this is a good idea, both ends will actually get profit.
227  Bitcoin / Bitcoin Discussion / Re: Do you want to see Bitcoin legal in your country? on: October 09, 2021, 01:00:18 PM
Bitcoin is still legal in many countries and illegal in many countries. Do you want, Bitcoin to be legal in your country? 
Do you feel the need to legalize Bitcoin in your country?
Are your ideas about Bitcoin positive or negative?
What is your personal opinion about this?
What do you think, if bitcoin is legalized in your country, the country will be improved or will be damaged?
I definitely want Bitcoin to be legal in my country, and I feel the need to make Bitcoin legal in my country.

I don't need it to be a legal tender or that the government will embrace it, as long as Bitcoin is legalized and that we can function freely without the government having to stand in our way, then I'm fine with that, on the other hand, NFT is being tax-controlled by our government but that's far from my concern since my main priority here is Bitcoin and activities such as trading, mining, I guess as long as the government doesn't try to control those (well, technically they can't since this is a decentralized platform, unless when we're talking about trading and exchanges) then everything will be fine by me.
228  Economy / Speculation / Re: Bitcoin 10% increase in a day - why? on: October 09, 2021, 11:35:26 AM
Bitcoin has been steadily falling the last month... Today, it popped over 10%.

What do you think changed?
*China ban banning crypto
*October?
*Delaying the damaging US Infrastructure Bill that is set to ban cryptocurrency software development, cryptocurrency mining, make sending >$10k a felony without getting recipients SS# etc and many other Bitcoin restrictions? P.S. Contact Congress.

In my opinion, this is all directly attributable to the US Infrastructure bill that has massive implications for the industry. If it passes, this will have cascading impacts worldwide as other countries adopt similar measures to the US. China officially banning Bitcoin seemed to have no directly attributable impact, because I think that was already priced in. It being October seems unlikely that it would pop like this in a day.

What is your opinion?

Usually, October is the month of bears, but this is actually an opportunity, common terms like FOMO or FUD may be the reason behind the 14% pump, also, a lot of Bitcoin enthusiasts were also predicting the pump of Bitcoin's value as October starts, no specific reason though but I am sure that there are multiple reasons, and the common terms I mentioned earlier could definitely be the reason as well.
229  Economy / Gambling discussion / Re: 2022 NBA Season on: October 09, 2021, 10:40:33 AM
Anyone watched the Bulls' past 3 games this preseason?

The chemistry is there, the way they communicate, they literally have 4 highflyers in the court, LaVine, Caruso, Ball and Derozan, the best part here is not their vertical though, it's how they pass the ball, Lonzo and Caruso are great all-around players and can definitely be productive on the court.

I'm not rooting for the Bulls though since I love GSW but judging on the Bulls' last 3 games, they look like a powerhouse team indeed, chemistry-wise, and potentially, also, let's not forget about Derrick Jones Jr. as well, so they technically have 5 highflyers on the court, we're gonna be seeing a lot of beautiful plays from this team this season, and that is if they'll all be healthy, the Bulls sure do look like a playoff team, the potential is there, consistency comes next.
230  Economy / Speculation / Re: How do you explain the October pump? on: October 09, 2021, 12:41:08 AM
Most of the times sudden jumps and dumps without hot tweets/news/announcements are something unexplained. After all, market is controlled by whales and small traders are nothing compared to big traders. It's just easy to manipulate with the market when you own a lot of coins and can influence the market by your trading (On Binance you can see long/short positions of top traders that's separated from overall statistics).

As mentioned above, Cryptopanic is a go to when you want to get informed as soon as possible. Also, I would follow top influencers on twitter (like Elon Musk and others whose words can seriously affect the whole market).


If you'll go through Cryptopanic right now, Bitcoin enthusiasts/analysts have been speculating that the month of October will be a bullish season, though just like us, they don't have any proof or evidence to back their statements up, therefore, there's no clear explanation onto why the month of October is the month of the bulls, meanwhile, in Twitter-verse, I haven't found any tweet from influencers that is actually 'moving',  so it is also possible that the reason may be FUD.
231  Bitcoin / Bitcoin Discussion / Re: Bangladesh may be approve bitcoin very soon according to ICT MINISTER on: October 08, 2021, 05:17:14 PM
I love this news because I know of some people who use crypto from this nation and that I have shared with them on social media.

Fortunately, Bangladesh has already been studying the points of view to accept bitcoin and with that to achieve the stage so that the inhabitants begin to be interested.

By accepting bitcoin they would take an important leap as other countries have dared to do. It is what the economy deserves and the use of bitcoin and cryptocurrencies will open opportunities for development.

If this is true, Bangladesh's citizens and the country will finally be adopting crypto and Bitcoin, and the citizens of Bangladesh will finally be able to commit to crypto and benefit from it, though I've heard some posts that the Prime Minister is only having talks about approving Bitcoin, they're probably trying to figure out on how the actual government will benefit from this? I don't know but I do hope that they'll approve it as early as possible.
232  Alternate cryptocurrencies / Altcoin Discussion / Re: Is there a new blockchain that will compete with Ethereum? on: October 08, 2021, 04:01:22 PM
don't forget about Solana with high capacity blockchain which develops its ecosystem with good pace. also there are such rivals as Avalanche, Cosmos and Tezos.
Competition between coins that already have their own Blockchain is definitely there, because every coin that has launched its own Blockchain is definitely very ready in terms of competing with others so that those who have more advantages will always be above it.

Solana and these other blockchain platforms are actually good, also, new coins that are being released ought to have their own platform, improving features and everything that Ethereum offers, honestly, these mentioned blockchain platforms are not the only ones ready to compete against ETH's blockchain, but the reason why ETH's blockchain remains to be on top is because of how many users ETH has compared to other platforms.
233  Bitcoin / Bitcoin Discussion / Re: The HODL to 100K movement on: October 08, 2021, 03:50:26 PM
Anyone have views on this movement that seems to be gathering pace last few days?

The basic concept I believe is that if we all act in unity, and collectively pledge to Hodl, then with continued demand (and far lower liquidity due to everyone hodling) the price will move in a sustained upwards direction. The "game theory" being who breaks the pledge first as they "selfishly" trade. So you take the pledge and spread the word to others.

Personally I like the idea and "get it". I'm a hodler and will do my part. But the "traders" seem almost offended at such a proposal.

Personally, I think a lot of traders kid themselves about being able to profitably trade. The only guaranteed winner on trades is of course the exchange, which over time sucks money out of the crypto ecosystem, much like a rake on a poker table.

I would post the image that can be circulated if you take the hodl 100 pledge but no idea how to post pix here.  Huh

$100k seems a very realistic prospect for the end of 2022, and I'm sure many people are interested in hodling till this symbolic target price. That being said, I don't like the idea of uniting and hodling till $100k because then comes the natural question: what next? And if the goal is to hodl till $100k, they'll most likely sell everything once the price gets there, and this will be very damaging for the price as well as for Bitcoin's reputation among investors. Everyone should have a target price or at least a target purchasing power because otherwise Bitcoin's just numbers on the screen. But if many people set the same target price, it'll have negative consequences for those who are left.

Could actually happen in 2 or 3 years, unfortunately, it is also true that forming a group would likely cause the price to plummet, and no ones like that, also, if everyone will hodl, the chances of Bitcoin's value reaching 100k will take longer, so it is also true that everyone of us must have a target price of selling our bitcoins.

Also, hodling is such an idle thing to do, most hodlers will get bored and wait for the green light to sell their hodlings, not unless if you do have passive or reserved BTC intended for hodling once BTC reaches a new ATH or even $100k.
234  Economy / Gambling discussion / Re: 2022 NBA Season on: October 07, 2021, 07:25:28 AM
Speaking of the effect of 3-point shots today, I don't know if you remember this but just take a look back at how these 3 players thought of the same thing by positioning themselves outside the arc waiting for the ball (link). It's funny because anyone of them could have chosen an easy layup or an open dunk to tie and extend for an OT. Just an unbelievably dumb play Grin



To be honest, this was on MP Jr. the dude just literally waited at the corner 3 for a pass when he was the nearest man to the rim and could've gone for the layup, it was definitely a dumb play, everyone's taking threes by now, sure this may be the effect of 3-point shots today, but the game has changed, even if you're a big man, it is important to develop your shooting, it's not a bad thing though it leads to poor decisions like what we witnessed from these 3 nuggets players, they're actually good, not a nuggets fan but I saw them play for quite a while now, Campazzo is a great point guard, MPJ is a productive player along with Monte Morris.
235  Alternate cryptocurrencies / Altcoin Discussion / Re: Tesla and Dogecoin on: October 05, 2021, 10:20:15 PM
So, without Elon, Doge and other related meme coins don't make a single move, and the recent pump caused by another tweet of Elon is the proof, but there's something that is blowing my mind: the remote possibility that Tesla could accept Doge as a payment method, and that could cause a massive rise.

So, what's your opinion about that?

Elon is quite influential to the Dogecoin movement, it is true, whether we hate him or we don't, we have to admit that he is the reason on why Dogecoin went up and where the current state of Doge is right now. I don't think that Tesla accepting Doge would cause a massive rise, Doge's price would increase for sure though as the bullish season starts.
236  Economy / Service Discussion / Re: can social network run on decentralization on: October 05, 2021, 05:27:53 PM
It's more intended for private transactions or for businesses that demands maximum privacy, as you can see, social media platforms like Facebook Messenger, Instagram, etc. already contains features that actually provides security for your data and for your conversations (vanish mode on instagram, secret conversations on Facebook) having a decentralized social network sure sounds like a good idea, but it doesn't alone gives you the green light to be careless, sensitive data is attractive to hackers, and they'll do anything to get that, so we should still be aware.
237  Bitcoin / Bitcoin Discussion / Re: The Future on: October 05, 2021, 04:41:12 PM
Now some of what you stated may seem true, it is true that technology continues to replace things that may seem to be convenient to us, CONVENIENCE is the reason why some objects are being replaced, why would you buy a vacuum when you can actually buy a smart vacuum? what's the difference? you just turn it on and it goes around your floor and cleans everything for you, convenience is the main factor to everything, but Bitcoin replacing banks? and by saying that you mean replacing fiat? I think that's not considered convenient anymore, we all know that Bitcoin is designed not to be as the main asset but as a tool, so I really don't think that everything will be replaced in the future, some things are just better left untouched.
238  Bitcoin / Bitcoin Discussion / Re: Get a $0.20 per gallon discount on petrol when paying with Bitcoin. on: October 05, 2021, 02:03:25 PM
I’m not sure how many people from El Salvador use the forum but I’m guessing not that many. I think Bukeke is a legend though & his forward thinking & risk taking is going to be really good for getting the people of El Salvador out of poverty. People doubt him but I think he will go down in history as one of the best South American presidents ever.

The people of El Salvador, some of them doubts him, I don't know if you said 'Bukeke' on purpose but reading it cracked me up  Grin , anyways, it really is risky to actually pursue Bitcoin but they seem to be committed on their plans for Bitcoin and for their people, meanwhile, the discounts on gas stations, this is one of their plans to actually convince everyone to use Bitcoin rather than using dollar, but still, the majority of them remained unconvinced, they probably need to do more than just offering discounts to the people of El Salvador.
239  Bitcoin / Bitcoin Discussion / Re: 12 years today since the first known price was set for BTC on: October 05, 2021, 01:55:57 PM
Reading this, I really can't imagine that it would take thousands of bitcoins just to actually accumulate it into a dollar 12 years ago, 12 years later, 1 BTC is equals to $50k, the amount of profit someone will actually get if they invested in BTC 12 years ago.  15,100 bitcoins were only available back then to be bought and sold only for a dollar, if I only knew about crypto and Bitcoin back then, I would have invested in a lot knowing thousands of Bitcoin costed for only a dollar.

240  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Dogecoin Is Crypto's Most Dangerous Joke on: October 04, 2021, 08:44:23 PM
I read the article, and I agree, I've read several posts back then here in the Altcoin Discussion board all about how Dogecoin was actually made just to become a meme, it was really intended to be a meme, and I thought that it only exists just for the laughs, I even introduced cryptocurrency to my friends using Dogecoin, since they love memes, I am sure that they'll try to actually try investing in it, later on, I never expected Dogecoin to go all the way to the moon, apparently, Elon Musk and several people were behind the skyrocket value of Doge, and my friends were still holding it, which means they gained a crazy profit after holding it for a while, Dogecoin really isn't a laughing matter or a meme anymore.
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