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2241  Economy / Economics / Re: Made in America is back, leaving US factories scrambling to find workers on: October 13, 2022, 11:24:25 AM
I guess that the war has shown that each country has to rely much more on its own production.
Plus, the semiconductors crisis has opened the eyes of western countries' leadership that more such factories are needed, and they have to be local.

I expect it's not only industry workers US will be needing at great scale. US will need all kind of workers, skilled and unskilled.
Is it me or they're preparing softer legislation for accepting foreigners?
2242  Other / Beginners & Help / Re: Account Deletion on: October 13, 2022, 10:00:56 AM
The only case where a user’s posts get deleted in cascade is when the account is nuked

It may also worth mentioning that Internet is not forgetting. Even if an account gets nuked and posts deleted, there are places (websites) the posts may remain archived and publicly available.
Also I agree: if an account is banned, it's quite an irreversible option, that person will no longer be welcome on this forum.


OP: there's a saying "never say never". Just leave the account deserted, but with a strong and unique password you don't throw away. You never know when you'll want to come back.
2243  Economy / Economics / Re: Bitcoin mining leads to cheaper energy, and also cheaper computation on: October 13, 2022, 09:54:13 AM
I've been thinking a lot about theoretical limits to the efficiency of computation as it relates to Bitcoin.

Since Bitcoin uses ASICs, which do basically only one operation, most probably the generic computation won't be affected significantly by this. As a comparation, altcoins may have been driving GPUs into getting more powerful, but Bitcoin.. I don't know...

And about the cheaper energy, Bitcoin indeed can (and should!) get people and companies invest into renewable electricity sources, since sooner or later only the mining with free electricity may remain profitable. Will this make people and companies expand their use of free electricity to everything else? I don't know, I wouldn't be so sure, since the mining facilities will probably be away from the place they're living and transporting that electricity around may or may not worth it. Plus, let's be honest, people are generally lazy. They need quite a push to do the right move and Bitcoin alone may not be the one in this case. Maybe the energy war though.
2244  Bitcoin / Hardware wallets / Re: 26 Hardware Wallets, compared feature by feature on: October 13, 2022, 09:42:02 AM
Just I can't go over the thing that I feel safe only if I see the transaction on the HW screen. All in all it's somewhere between "very nice" and "no, thank you".
A screen is definitely essential. Without visual confirmation on the hardware wallet itself, you cannot know whether your clipboard has been tampered with.
And clipboard attacks are definitely one of the easier ones to pull off, due to relatively simple access to it by applications. Think of all the websites that let you 'copy to clipboard' e.g. when sharing a video link. That's their code that puts something in your clipboard. The same way, it could replace an address on your clipboard with a different one and you'll send the funds to them, unknowingly.

There's always a screen (or I thought so), just some HW tend to use the software wallet's device/screen as place where one will double check addresses (to avoid the indeed so easy clipboard related hacks) and even to handle (display or input) the seed. I find this approach quite bad and unnecessary, since if one can use that safely indeed, then he can already use a cold storage, and the vast majority will setup the HW unsafely.
2245  Bitcoin / Mining speculation / Re: Mining with node on: October 13, 2022, 09:33:25 AM
my humorous take on the outrageous prices they're getting for a Raspberry PI 4 due to the world's inability to function anymore. ( A $ 50 PI is now around $ 150 and scarce. )

You may want to either setup a more powerful node (see Cheap Node Self Hosting: Just because you CAN does not mean you SHOULD), or use a mining pool - solo or not - (you won't pay for the initial setup, you'll pay while getting rewards).

Let's pray BTC and POW withstands the assualts from the decrepit central bankers and governments who have destroyed our financial system.

Yep, we hope so; maybe initiatives like this will help.
2246  Bitcoin / Development & Technical Discussion / Re: Quick balance check on: October 13, 2022, 07:29:36 AM
The fastest solution would be to download daily dump of founded addresses (from blockchair or http://addresses.loyce.club/ ), load into local database (for example postgresql) and then have have a program which launches queries to your database. That way you are independent of network connection, API limitations etc. In long term perspective, this is the best solution (of course you need to update your database from time to time).

Another solution would be to host everything locally - full node, spv server like electrs and then rpc explorer.

This is what I'd suggest: a local block explorer that provides the API OP needs.
The dumps from loyce.club are big (over 1GB zipped for the addresses with funds) and I find downloading them on a daily basis counterproductive.
2247  Economy / Gambling / Re: [How-To] Make a provably fair giveaway ✅ on: October 13, 2022, 06:01:57 AM
Choose a number between 1 and 1000.
[~snip~]
If you only make public the sha256, that way users know the game will be not rigged.

Imho this is an imperfect solution since a "host" with bad intention can also tell "a friend" (or his alt) what is the number he chose for the winner.
I think that a method/algorithm where the host also doesn't know from start what will be the winning number is much better.
2248  Bitcoin / Development & Technical Discussion / Re: Is anyone working in a "pruned download"? on: October 13, 2022, 05:46:15 AM
Spinning 1TB drives are under $40.00 as are 512GB SSD it's no longer that big a deal.
The thing is people don't buy computers or their hardware to be dedicated all to bitcoin. For example my 4 TB HDD space is used for my files and it doesn't have that much space left for blockchain, same as my SDD which I use for 2 operating systems and their installed programs and their related files which take up a lot of space. So not much space is left for me to dedicate to bitcoin's full blockchain, this is where pruned mode is very useful.

You are both right. Pruning is very useful for those who know what they're doing, but, on the other hand, it gives (wild) ideas to people who have missed or misunderstood the "don't trust, verify" part of bitcoin's blockchain.

What I mean by this is that, instead of needing to download the whole blockchain before you can enable the pruned node

Afaik, you can enable pruning also before starting IBD. However, this doesn't means you won't download the whole blockchain, you will still download it all. And if you have an old wallet and forgot to put it in place before the sync (in pruned mode), you may need to download the whole blockchain again for the new wallet. Of course, only a small part will be stored; but is DaveF said, storage is cheap; even internet may go cheap, but our time usually isn't.
2249  Other / Archival / Re: What a wonderful merit overflow on: October 13, 2022, 05:34:46 AM
Just a wonderful merit overflow, most likely, to his alt. Cheesy Cheesy Cheesy

Well, I see that coldice has his fair share of negative feedback.
Is this enough proof for also neg HunnyFinance? If people consider it's not, then it was a good move for a "fresh start".
2250  Economy / Exchanges / Re: Why are crypto exchanges not truthful? on: October 12, 2022, 05:37:13 PM
these people are just liars.

Yes, they are. Their aim is to get you signed up for their platform. They hope they may like the platform, get over their initial lies and remain there, since you've already filled KYC.

I've seen such behavior in all kind of stores/business. Some years ago in my country, a certain car maker had advertising about cars starting from price_x. I've found out soon that allegedly they only had one car (for the entire country) at that price, but the strategy was to get people into the showroom and .. show what they had (at higher price, obviously).

My take? Don't just sign up for a platform because of the ads, since you can easily go to even worse experience, like getting your money stolen by scam platforms, which also put out banners here and there.
Also, you may want to read Why KYC is extremely dangerous – and useless; it should hopefully make you understand that 25$ is not worth it, even if it's real.
2251  Economy / Economics / Re: Switching The World To Renewable Energy Will Cost $62 Trillion on: October 12, 2022, 03:41:22 PM
Quote
“We do not need miracle technologies to solve these problems. By electrifying all energy sectors; producing electricity from clean, renewable sources; creating heat, cold, and hydrogen from such electricity; storing electricity, heat, cold and the hydrogen; expanding transmission; and shifting the time of some electricity use, we can create safe, cheap, and reliable energy everywhere,” Jacobson says. He is a staunch supporter of the Green New Deal.

It would be great if this would work just like that, but, for example storing electricity can be a problem, since afaik the world doesn't have the technology to reliably store huge quantities of electricity. Keyword: huge.

I have a feeling that some want to go from one (current) extreme to another. No. We need a middle ground, where current infrastructure is still being used and give time to the new infrastructure be developed and also the technology advance. We all know that sun is not always shining and wind doesn't always blow when and where we'd like, plus hurricanes/tornados, or stors, or snow happen. Some tend to take into account the ideal conditions 24/7.

Ideally we'd have already nuclear fusion, but we don't. And while fission is messy and dangerous, it's still one of the best choices we have if we want to ditch coal, gas and petrol.
I also don't think the numbers (prices and recovery) are accurate. The inflation is big and it's bound to continue rising for a while. Certain rare earths and lithium may become overly expensive if the demand rises abruptly. And they're only the first things that come to my mind.


I don't say we shouldn't go in this direction too. Investing only in new gas pipes/routes would be stupid. But assume bigger costs and don't go heads first like into the "all gas" situation we have now, since wind and sun are also region dependent.
2252  Economy / Services / Re: [OPEN] BestChange Signature Campaign | Sr Member+ on: October 12, 2022, 03:13:48 PM
Valuable comment, but now we can work with bcq1 addresses as well, so feel free to use these addresses.

I recommend you add this to the first post's note too  Wink
2253  Bitcoin / Bitcoin Discussion / Re: Elon Musk is not key to 100k$ per Bitcoin! on: October 12, 2022, 11:50:15 AM
They are waiting for Mr. Mars to take them by the hand and lead them to a world where everyone will become millionaires overnight, or in other words for him to be their replacement for Satoshi. For them, Bitcoin as a social phenomenon is very interesting, but it lacks a central figure, which is why it does not fit into the average mindset.

A replacement for Satoshi may arguably get better decisions about Bitcoin future, but not its price.
And I fear that they may not even care about a leader, all they care is to become rich (they managed to miss the part that Bitcoin is not a "get rich quick" scheme). Even more, we both know that if everyone becomes millionaire it means the money is worthless, so we'll be still poor.
2254  Bitcoin / Electrum / Re: Cannot restore BTC addresses on: October 12, 2022, 08:59:34 AM
Nothing was created automatically, only manually during the year, most of the addresses were paid.

Can you please tell more about how you've created "manually" those addresses?
Was it with Receive->Create request, or was it something else? (because if it was something else the derivation path may differ - I've seen people using scripts that resulted in very odd derivation paths)

2255  Bitcoin / Bitcoin Discussion / Re: Have all the 'Bull Runs' just been billionaires pumpin and dumpin? on: October 12, 2022, 07:43:59 AM
Notably the 2020/2021 run, was this the 'Age of Elon', is BTC really worth $20,000. £100,000 or "$1 million please like, subscribe click that notification button, comment and check the bybit link at the bottom for your chance to 100x leverage a shit coin" ?

Shall we just wait till the next billionaire wants to come along at the 'next cycle' and pump and dump?

Your overly simplified logic on this have completely missed the halvings.
So unless these billionaire pumpers have managed to buy at the same time distance to each different bitcoin halving (which would be an overly surprising coincidence), you're wrong.


I think that you'd better read about bitcoin halving - what it means, how often it happens - then look at the historic prices chart (the entire chart) and see how nicely these cycles did match.
2256  Bitcoin / Hardware wallets / Re: 26 Hardware Wallets, compared feature by feature on: October 12, 2022, 07:30:53 AM
USB connection with hardware wallets is not the same as regular USB connection, but it's true that this can't be considered as air-gapped device, unless USB is used only for charging.
However I don't see big advantage for microSD cards, and I much more prefer QR codes for air-gapped devices, like Passport and Keystone are using.

I agree USB can be a security risk since it's a data connection.
Even more, no matter it's done over USB or on a microSD, regular updates can also be seen as a security risk.

I don't like Bluetooth at all, and I am not a fan of NFC that is just antenna with shorter range, but for everything there are pros and cons.

This is why I am lately very fond of concepts like SeedSigner, although I don't know whether its lack of secure chip can be a problem or not, also don't know if it's overdoing its updates. But at least it uses images for transferring information.


I also have kinda dilemma about things like SatoChip. NFC doesn't have a big range and the credit cards have shown that NFC is not so badly insecure (I guess that some could counter me badly for this) and it's clearly doesn't need (nor support) updates. So on one side it could be seen as good. Just I can't go over the thing that I feel safe only if I see the transaction on the HW screen. All in all it's somewhere between "very nice" and "no, thank you".
2257  Economy / Reputation / Re: jerry0 case on: October 12, 2022, 07:19:16 AM
Just noticed I got another DM from him a few days ago, which I ended up missing. It has 2200+ characters. Cheesy

If he's just farming posts, idk why he keeps DM'ing me like he used to do before.

He PM-ed me too during the week-end.
I've answered, also in PM, trying to help a little. This way I won't be accused of shitposting or growing my post count or whatever, and still helping out a guy too terrified to do any move without triple checking everything (basically in a way all newbies should do, even though he should no longer be a newbie anymore).

I find it sad that we're discussing here his situation by making more posts than he may need as answers lately. At least this is how I feel.
2258  Other / Off-topic / Re: Asking on behalf of a friend on: October 11, 2022, 08:04:52 PM
I had a somewhat similar dilemma at some point and I asked for input from the community.
You can see that discussion here: https://bitcointalk.org/index.php?topic=5377997
Overall the risk is too big and may not worth it. But really, please read that topic.
2259  Bitcoin / Bitcoin Discussion / Re: Google Clouds Accept Crypto as payments but no dazzling on: October 11, 2022, 05:33:59 PM
This is already discussed, exactly in Bitcoin Discussion: https://bitcointalk.org/index.php?topic=5416721
2260  Bitcoin / Bitcoin Discussion / Re: Google partners with Coinbase to accept crypto payments for cloud service on: October 11, 2022, 03:52:53 PM
But to play the devil's advocate, they "accept" Bitcoin "payments" through a centralized third party?

Most probably they use Coinbase as payment processor and they get at the end of the day their fiat.
I still see it a good development. The more big companies accept Bitcoin the better. Maybe someday soon the grocery store chains will get there too.

Apparent good news, also quite unexpected Google would consider to get step into the crypto market during this bear trend within the prices.

Bitcoin is money, no matter there's bull or bear market.
With a (mis)conception like yours, some don't sell in bear market because bull market will follow; then don't sell because "maybe it grows more" until the next bear market. Then someday they die and didn't make use of their coins. No. Bitcoin is money; every day.

Do not expect them to accept Monero.  Wink

I would not be surprised if they would accept it, but ask for KYC  Cheesy Grin Cheesy Cheesy
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