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2201  Bitcoin / Bitcoin Discussion / Re: Have anyone come across this? Whether it is a true currency or fake one....? on: January 21, 2020, 05:04:00 PM
So man pulls piece of paper off internet with high and meaningless number on it?

Look what I found



I beat both of you. I'll look forward to the victory presents.
2202  Bitcoin / Bitcoin Discussion / Re: Why is PETER SCHIFF wrong about Bitcoin ??? Could you win a Bitcoin Debate ??? on: January 21, 2020, 04:45:41 PM
But the debates I've seen (read usually)? Pointless since neither side wants to concede.

I've seen Bitcoin threads on other forums carry on for years and years. The same people are waiting to be convinced, the same people are attempting to convince them. The sensible ones have buggered off and carried on with their lives. All the while the idea has thrived and grown.

I can see why someone might think it's poo if it goes against everything they have faith in. I don't mind or care that they feel that way. I'm not hugely interested in hearing them squeal about it. They'll make zero difference to anything and I'm too far gone to care what they think.

The loudest sceptics have years of documented screeching for the uninterested to draw on. Have any of their predictions come to pass? Um, nope.
2203  Bitcoin / Hardware wallets / Re: I learned about a cold wallet called SafePal.Please help! How about this wallet? on: January 21, 2020, 04:12:50 PM
I was wondering why there aren't more hardware wallets being discussed in this section, because there are quite a few on Amazon that look pretty but are really expensive.  Seems like the older, more well-established ones are the most popular and I totally understand why.  I'd be tempted to buy something like a SafePal wallet if I knew it worked well, but with no track record....it's tough to justify.

Same as Bitcoin vs alts? Why would you take the risk on something that isn't battle tested and subject to the obsessive scrutiny of thousands of its users?

I'll be the first to admit I'm clueless about this stuff. I'll stick with the gear that has the most clued up people keeping it honest.
2204  Bitcoin / Bitcoin Discussion / Re: Total Bitcoin lost to date? on: January 21, 2020, 03:41:56 PM
Chainalysis only mainly have lack of movement to go on. I have coins that haven't moved for many years. They will some day.

The only categorically lost coins are those sent to burn addresses and publicly declared stuff. That only adds up to a few tens of thousands.

I'm sure it's still a considerable number but 3-4 million feels like a bit of a stretch.
2205  Other / Meta / Re: When will BCT change? on: January 21, 2020, 01:44:07 PM
Luckily the handbaggings are restricted to specific areas of the forum. I've no idea why people bother getting involved in it but if it keeps them content and off the streets I wish them all the luck in the world.

Elsewhere life continues. Overall, and especially considering the subject matter, I'm surprised it's as civilised as it is.
2206  Bitcoin / Legal / Re: Bitmain Advised to Rescind U.S. IPO Plans Due to Association with BitClub Ponzi on: January 21, 2020, 12:01:01 PM
Let's see what their actual association with it is. There's no details in there. I wonder why it would be anything beyond selling them hardware in which case there's nothing to answer for.

I'm impressed Bitclub actually bought any gear at all.


2207  Other / Beginners & Help / Re: Newbies, turn on the brain - it's not all true if it's in the forum! on: January 21, 2020, 10:41:03 AM
But to the contrary one who got to register here at the 2013-2014 era didn't really face any hardships and had learned all their way since majority of the old users from 2010 still had a stay here.

If you'd arrived here in 2014/15 you would've been subjected to an army of psycho bears attempting to scare you into running away. They were a lot more relentless and malevolent than any common or garden google translate zombie that came later. There was no equivalent to them in 2018 as they must have realised preaching Bitcoin's guaranteed death would look laughable by that point.
2208  Other / Serious discussion / Re: Free Ross Ulbricht? on: January 21, 2020, 01:25:08 AM
Damn! That was a quick bust!
How did they locate him?
I know I should watch the documentaries, but I never get enough time for that.

In the end the fatal fact was the silly git leaving a post with rossulbricht@gmail.com on this here very forum. https://bitcointalk.org/index.php?topic=47811.msg568744#msg568744  I think he deleted the original post but it was quoted by someone else. Now it's archival. It was found by a bog standard google search.

This is his account on here - https://bitcointalk.org/index.php?action=profile;u=3905 and the same account made the first ever mention of Silk Road anywhere. He deleted that post too but it's quoted here - https://bitcointalk.org/index.php?topic=175.msg43039#msg43039

For some reason no one had looked into it even though they'd been looking for DPR for a year or two by then.

There's a pretty rapid summary here but of course there was a fair bit more leading up to it - https://arstechnica.com/tech-policy/2015/01/the-incredibly-simple-story-of-how-the-govt-googled-ross-ulbricht/

They already had other details about DPR and once they started to look at Ross's internet footprint they converged enough to go after him.
2209  Economy / Collectibles / Re: WTB unfunded Casascius coins. LQQking on: January 21, 2020, 12:25:35 AM
Just go to bitrefill.com  buy an ebay gift card.....

Those are bonkers sums to me. Ebay seems to live in a world of its own for these, but maybe that is the world and here is the niche.

I have an empty 5 BTC coin. I think it was funded at one time as the back is marked. If I could get anywhere near that for it I'd be amazed.

Unfortunately Ebay UK will not let me list it for auction or buy it now. I think it lets me do classified ads but I can't be bothered with that.
2210  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2020, 12:08:33 AM
Too bad uncleD.
Nice to see you afloat though.

Is that Jaywick's community swimming pool?

Sadly not, sport.

My bowels let go in there one time too many.

These days I limp out of my chalet and swim across to the oil terminal. Showering in the outflow is an invigorating start to anyone's day.

2211  Bitcoin / Legal / Re: How is KYC enforced in Bitcoin ATMs worldwide? on: January 20, 2020, 11:45:15 PM
Or one more thing, send it to a remittance center like WU, in my area, you can send bitcoin to WU and you can get your fiat based on the exchange rate.

That could wind up being VERY expensive.

Since OP is in the EU they should have banking that's modern, unlike America. A lot of places will have debit cards that offer foreign exchange rates at market rates with no fees. If you did multiple transactions through ATMs and WU you'll likely eat up the cost of a few decent meals just in conversion.
2212  Bitcoin / Bitcoin Discussion / Re: Introduction of new BTC units to reflect present day prices to increase adoption on: January 20, 2020, 11:39:40 PM
These ideas are voiced on this forum quite regularly, and I suggest you do to some search if this topic is really interesting to you, as there's a huge amount of good discussion about it.

I personally believe that BTC units have very little impact on its adoption, people can get used to any numbers - in some countries they deal with hundreds and thousands, in other they usually deal with tens or single digit numbers. It's such a small detail compared to other problems, I wouldn't worry about it.

I always get dissed for saying it should change and it should. But it's too late now.

If it were possible the only sensible option is straight to Satoshis. After all these years I still can't be bothered to figured out how much something is if it's priced in mbtc. Bits would be hopeless.

People can handle numbers with large amounts of zeroes after them. They have a lot more trouble with zeroes before them. I still find myself double checking the amount of them every time.
2213  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2020, 11:29:52 PM
Nahhhh, I remember how you used to handle it back in the days uncleD:

Those days are gone, tiger.  



Note the toilet seat attached to the hoist.
2214  Bitcoin / Legal / Re: How is KYC enforced in Bitcoin ATMs worldwide? on: January 20, 2020, 11:24:06 PM
If I were going abroad and were planning to rely on ATMs I wouldn't do it without identifying the places I was going and asking the ATM operators what was required in terms of KYC. If you're foreign you may not have what they're asking for. They'll all have contact details.

But you will also be subject to wildly varying exchange rates, fees and limits. It's also possible that the places listing them will be badly out of date so there may not even be one there any more.

I'd be looking at other options like a crypto debit card or just a rapid exchange linked to my bank account.
2215  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2020, 10:29:22 PM
Were they nice to you there or did they poke at your eyelids and complain about white people smelling like wet dogs?

My last experience of Japan was watching Enter The Void so I'm too scared to go there now.
2216  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2020, 10:09:38 PM
I think it might feel like you have a giant target painted on your back.

Cheap labour, baby.

2217  Other / Beginners & Help / Re: Newbies, turn on the brain - it's not all true if it's in the forum! on: January 20, 2020, 09:52:24 PM
These things will only disappear considerably once more severe punishments and rules on the forum are implemented. Accounts with sh*tty 1-2 line replies which are obviously just there to increase their post count should be getting punished with 4 steps:

1. Warning
2. Temporary ban (24-48h)
3. Temporary ban (1-2 weeks)
4. Permanent ban

Hopefully this reply doesn't qualify as an off-topic, I'm talking about punishments in order to increase the % of trusted and legit members.

That'll never happen for posting straightforward junk. Too much work for starters.

The punishment is that if you're shit you'll never make any progress. Eventually that'll sink in and people will either leave or start to put some effort in. That's also starting to happen with senior accounts as well. The decent sig campaigns are demanding a certain amount of earned merit no matter what your rank is.

The merit and ranking system is far from ideal, I'd prefer to see it less demanding lower down, but it will eventually cut off most of the oxygen to the hopeless zombies out there and reward the people who make this place better.
2218  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2020, 09:16:28 PM
I want to upgrade at some point to house from my tiny flat. But all 'houses' that are available are the ones in the plethora of out of town estates. It makes be want to vomit to event drive on to one, let alone buy one.
Prospects are not good.

We'll always have a bed for you in Jaywick as I assume that most on this thread will now be moving there.

It will likely be a mattress in a puddle though.


I was just there for three weeks recently. The cost of many goods is higher than the US. So unprepared food, unless you buy in-season produce, will cost a little more. However, services are so cheap they're almost free. So the cost of prepared food will be much cheaper.

I can't emphasize how cheap human labor is there. I had a manicure-pedicure for $3 (my wife insisted). An excellent haircut for $1.20. Massages are around $4-$5 per hour. We had a couple plumbers doing repairs on my wife's house (no sexual innuendo) for about 1.5 days, and it was $35, including parts. So, services are all basically 5%-10% of the cost here.

Very sweaty when you leave an air conditioned space, however.

It's a confirmed no then.

The human labour thing is pretty interesting, especially if goods are little or no cheaper. I don't get how economies like that work. They probably don't.

I can't really remember the last time I required anyone else's time. I guess I could rent someone with really long hair to flop it over me and shuffle behind and that'll be cheaper than a wig so make the move worthwhile.
2219  Economy / Economics / Re: Richest 2000 People richer then poorest 4.6 billion on: January 20, 2020, 09:10:49 PM
If poor people have nothing there are no ways to acquire Bitcoin.

The key is earning in Bitcoin.

That's what gets people excited about it. As it stand some wee genius in rural Niger is going to have a seriously hard time monetising his skills and presenting them to the rest of the world. With Bitcoin and an internet connection he can instantly compete with anyone else anywhere.

To a much smaller extent we see that with people earning on this forum right now with signature campaigns and all the other stuff. They're now part of an economy that didn't exist before and some of them will be making much, much more money than any job available to them locally.
2220  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2020, 08:56:26 PM
I guess a free soap opera is the one upside.

I knew a guy who lived on a new build estate. His neighbours complained about his snoring. They were both in detached houses.

The most bizarre thing is that what was once thought of as shit social housing is actually vastly more liveable than what's billed as an exciting modern executive luxury new build development.

A 1930s council house is rock solid and bursting with space and storage.

I used to live in a 19th century Glasgow tenement which was a flat out slum when built. Now the space is beyond the height of luxury.
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