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2341  Bitcoin / Bitcoin Discussion / Re: How to accumulate more bitcoin other than buying with FIAT. on: December 04, 2021, 06:09:30 PM
The first Bitcoin I had acquired was through faucets, but that was back in 2013-14, so that's out of the question. However, the most I acquired mainly derived from signature campaigns here, mining (through Nicehash) and occasional trading.

Your best bet would be a signature campaign, doing tasks that pay in Bitcoin, or if you're up for a challenge, short trading.
2342  Economy / Economics / Re: Fuel prices hitting an eight year high on: December 04, 2021, 01:47:03 PM
Oil prices are holding steady at around $70 per barrel. But it is the natural gas which is going up like crazy. In Europe and East Asia, natural gas is trading at $1,000 to $1,200 per thousand cubic meter. The oil equivalent price for LNG right now is around $200 per barrel (a few months ago, it used to be around $10 per barrel). Europe is facing a massive shortage, as Russia has refused to increase the supplies. Now they can't blame Russia as well, after imposing sanctions and embargoes on that country. On one hand they want gas from Russia, and on the other they want to interfere with Russian politics.
Wasn't aware that the embargo with Russia was still holding strong, wasn't that imposed quite a few years ago? Anyway, I'm now seeing that it dropped even further, down to $66 per barrel, it's a significant drop from the $80 range. Despite the massive drop in prices, the prices in pumps are yet to change here, in Greece, possibly trying to sell as much stock as possible, which was bought at a significantly higher price.
2343  Other / Beginners & Help / Re: Has my data been breached? on: December 04, 2021, 11:04:54 AM
<…>
Since your data seems to have been pawned, it is prone to being used for all sorts of things (hacking, phishing, spamming, etc.), rather than just change passwords, it may pay off better to consider creating new emails and starting afresh, rethinking your email/credential strategy (i.e. how many emails to use and where + password manager + 2fa), and changing the credentials on the relevant sites.

I’ve gone through the above quite a few times, and although it’s cumbersome to change credentials on a wide range of sites, it’s something I try to do recurrently (done it with the phone number a few times too, although that has other implications).
That was the main reason I created a new email, quite a few years ago, and is now my main one. There are little accounts that I frequently use, associated with the old email, while I've proceeded and changed the password in most of them. It's just startled me to receive such a text message on my phone, I don't recall adding it back then, because I possibly had an older number. I must have added it a few months ago, in an attempt to retrieve my old Coinbase account, in case it had any funds deposited.
2344  Economy / Scam Accusations / New DeFi scam? Coins listed on Growing.fi on: December 04, 2021, 10:04:35 AM
Hello there,

I was trying to access Yieldwatch today, but their website won't budge today, it's not loading any data. Thus, I proceeded to use Growing.fi instead. However, it was showing some crazy high balance, which alarmed me, at first, I misinterpreted the comma, but it is indeed showing $500k.



I'm feeling something is off, why isn't Yieldwatch showing me these stupid Tokens and Growing.fi is? From where is it getting its data? At first, I was startled, I don't recall signing up for any airdrops, there's no absolute way I've acquired any other coins myself.




My first thought was to look them up on BscScan, nothing showed up of course, with alarms ringing in my head. Accessed their website, which looks like a basic scam template, made to look good, but it's exactly what everyone uses. Pressing the "Get Airdrop" button on their website, prompts you to connect your wallet. It's pretty safe to say that you should NEVER by any means connect your wallet to any unknown source.

Is this a new type of scam going on? It's the first time I'm seeing it, why is Growing.fi showing these coins? Is it indirectly contributing to such scams?
2345  Other / Beginners & Help / Re: Has my data been breached? on: December 04, 2021, 08:51:51 AM
You can check your email
It does not directly show your Coinbase account was compromised because of your data was breached but if your email was breached, something bad would happen.
Thank you for sharing this guide, never knew that such feature was actually provided by Google. It claims that I've got 12 compromised passwords, while a handful of reused passwords. Fortunately, the compromised ones weren't on any significant website, however, I'll need to start updating my passwords, just to be on the safe side.
2346  Other / Beginners & Help / Re: Has my data been breached? on: December 03, 2021, 11:01:38 PM
The good news, however, is that it's by an old email address, which I rarely use now, but does indeed still feature some websites I still use (such as Bitcointalk, old Coinbase account, Blockchain.com wallets). It's safe to say, that I need to take some precautions, despite the associated email address being old.
I have had my login data get leaked before due to a data breach on one of the forums. You might want to check all the old site you registered using the old email address and password. This includes other important sites/apps like Dropbox, Google Drive, Spotify accounts, Amazon or any other account that may be connected to your PayPal or credit card etc

That where most hackers look into apart from the crypto exchanges and web wallets
I've changed most of them, at least the important ones, such as PayPal and Amazon, not sure if I've left anything useful there, except some email/shop subscriptions. The only one I haven't changed is Bitcointalk, because it firstly flags your account that the email has been changed, and secondly, because I've quite recently changed the password here, while I've also done it in the past, so there's no risk involved.
2347  Other / Beginners & Help / Re: Has my data been breached? on: December 03, 2021, 08:46:15 PM
<…>
It’s quite likely that your email, old as it may be, has been involved in some data breach somewhere, possibly with an associated password, and that this data is being used to try to see if you’ve used the login/password on Coinbase. Those multiple attempts from different IPs might point to different users of the hypothesised data list, or different attempts with variations on the password (+ shifting IP). This is of course my speculation on the information shown on the log. Also the source for the failes attempts is API, which I figure is used on attack vectors often.

If you are unsure if you’ve actually reused passwords here and there, it’s best to change the credentials of those sites where you were using that email (perhaps best anyway), whether they have 2FA active or not.
Yeah, my childhood/teenage mistakes. It's one of the first emails I created and used daily for most of my signups. I submitted it on the website a previous poster mentioned, and it has been pwned multiple times, it's associated with more than 12-14 data leaks. I've changed my password since then, obviously. My guess is that they're trying to see if they can gain access to popular websites, especially those that are financial institutions.
2348  Other / Politics & Society / Re: Covid lessons learned on: December 03, 2021, 07:19:01 PM
We can't handle so much isolation, especially if you're living alone, it must be detrimental. However, I don't believe that we'll ever have so much free time in our lifetime ever again. Due to social and quarantine measures, most of us stayed home, killing time and doing nothing (myself included). Likewise, I regret not making this time worthwhile, by learning a third language, by developing a new skill, or even going cycling on a daily basis.

On the other hand, due to my university online classes, I completed my degree a lot quicker and a lot more versatile. I didn't have to commute from home to university, saving a lot of time and stress, especially when I was working.

Now add to that that the tech companies are already building the technology so we don't even have to leave the house anymore. Then people get used to that situation, build their accounts for whatever application they are using and really dismiss the social life more and more. The Pharma industry as well as the tech industry has so much incentive to hope for this crisis to never end that it feels a bit concerning whether they could come up with some bad ideas. Do the Pharma companies right now really have an incentive to once and for all kill the virus and end the pandemic? I know this might make you think I am only seeing the evil in them, but no. They are making 1000 USD per second right now in pure profit. I guess this will keep going for years like that.

As for your university degree, what is about all the networking at university that can be so much fun? Hanging out with people, getting to know their interesting and maybe even cofounding businesses? Should that all now happen via teamviewer and so on?
What I'm afraid of is that distance will stop being a barrier anymore. While that's a great thing, some of its characteristics could be adverse. Schools in remote areas could work via e-learning platforms, in order to cut down costs of running and maintaining schools for only a few students (something which is very common here in Greece, in rural areas or villages). In the workplace, employers could also benefit by cutting operational costs and having their employees work from home, with reduced pay.

On top of that, it could severely promote home isolation for many.
2349  Other / Beginners & Help / Re: Has my data been breached? on: December 03, 2021, 03:28:22 PM
Thank you for all your responses, I appreciate each and every one of you for spending time to reply here. Okay, now I have both good and bad news. Firstly, starting with the bad news, my first assumption was correct, it's pretty safe to say that I've been pwned and some data of mine have been breached (see attached photo).


The good news, however, is that it's by an old email address, which I rarely use now, but does indeed still feature some websites I still use (such as Bitcointalk, old Coinbase account, Blockchain.com wallets). It's safe to say, that I need to take some precautions, despite the associated email address being old.

2350  Other / Beginners & Help / Has my data been breached? on: December 03, 2021, 04:52:34 AM
I received the following text on my phone yesterday, which alarmed me. I have a Coinbase account but never actually use it, however, that's not the case. How the heck did I receive this message? My main concern isn't the Coinbase account, but the probability of having a data breach, which could potentially be used as a gateway to other accounts.

Could it be a random coincidence, is there a way to see my recent login locations on Coinbase?



2351  Economy / Economics / Re: Fuel prices hitting an eight year high on: December 02, 2021, 03:12:02 PM
There hasn't been any change in fuel prices in the past 1-2 weeks, here in Greece. However, I've observed a downward trend on Crude Oil, which is rapidly losing in value, closing at approximately $73/barrel. Are we coming to an end, regarding tremendously expensive fuel prices? Lets shall wait and see, in the near future.

https://www.investing.com/commodities/brent-oil

P.S I'm now reading that its drop is possibly caused by the new Covid-19 virus strain, which is threatening the oil demand.

https://www.ft.com/content/8e13522e-70e0-462a-bf15-476c9e0a0cec

The problem is that the supply can be manipulated literally at any time. Just let the nations providing oil and gas be greedy and they can decrease supply.

But who would have expected that we are going to see 8 year record prices after the insane crash we had in early 2020 where we had even negative oil prices? It settled at $37.63 negative...
It was kind of expected that fuel prices would crash during the pandemic, let's keep in mind that most countries had quarantine measures in place. However, when that ended, I never expected such rise, in such a small period. On the other hand, I wasn't surprised that fuel prices rose, since oil companies were trying to recoup their losses, but honestly, I've never seen gas costing 1.82€/liter, for regular unleaded.
2352  Economy / Economics / Re: Fuel prices hitting an eight year high on: December 01, 2021, 05:04:56 PM
LOL.. Brent Crude crashed by 12% in a day, to end up at $72.72.

https://oilprice.com/oil-price-charts/#prices

Covid destroyed the combined efforts of Biden, OPEC and Putin. And at last, some good news for the oil consuming nations. But I need to see the long term impact. If the prices dip further, then the shale oil producers (especially in regions like Eagle Ford, Permian, Sugarkane and Bakken) are going to cut down on their future production plans. And this in turn will result in a scarcity in near future.
Yup, I was also tremendously surprised too but on the other hand, I kind of expected it. Austria has already imposed a full lockdown, Germany is possibly going that way too, and especially now with the new virus strain, it's definitely going to crash even further. I use my car on a daily basis (university, work, groceries etc.), spending more than 120 euros per month just on petrol, it's way too much.

It went down even further. Brent crude is now trading at $70.57 per barrel. Ideally the oil consuming countries should make use of this opportunity to accumulate as much oil as possible. When oil was trading at $40-$50 per barrel, a lot of them thought that the prices will remain like that for the long term and never bothered to increase the strategic reserves. Then all of a sudden the prices went up by 100% and everyone was scrambling for oil. Here in India, we are yet to witness any additional lockdown measure. There is no spike in the number of new infections, from what I have seen.
It even went down further, yesterday if I'm not mistaken, below $70, at approximately $68-$69. However, we're yet to see any difference in gasoline prices here, at least where I live. My best guess is that there are still reserves bought at a higher price.

No quarantine measures have taken place in Greece either, despite the increasing number of cases, however, I believe that fuel prices will slowly subside, due to the new variant.
2353  Bitcoin / Bitcoin Discussion / Re: What would you consider living on crypto? on: November 30, 2021, 08:30:39 PM
Volatility is a big barrier to living with cryptos however if that is only option beckoning on me, I have no choice than to accept it, alternatively there is an option of exchanging it to a stable coin eg USDT provided that I am uncomfortable with it volatility while having some knowledge on trading and candlestick patterns will be very helpful trading my cryptos whenever there is sudden pumping or bullish runs and immediately exchange it back to a stable coin after earning some profits, though not advisable for any layman or newbie.
Volatility is a double-edged sword, it can be both negative and positive at the same time. It's definitely considered a high-risk investment, using your own salary, which you worked for. As I've previously mentioned, it's best if used aside with available fiat currency, that way, you won't run out of money in case the market is bearish.

Just keep in mind, there's a high chance your salary could potentially generate more money doing nothing.
2354  Bitcoin / Bitcoin Discussion / Re: Exchange or hardware wallet ? on: November 28, 2021, 09:59:56 PM
~
Hardware wallets are definitely the safest option, without costing too much. They are certainly worthy if you're holding large amounts of crypto.

Whether the investment is large or small, if you want to hold for long term, you must use Hardware Wallet to ensure the safety of your investment, needless to say, today's small investment may turn into a giant asset in the future!. If hardware wallet is not available, then at least a good software wallet should be used. Of course, the wallet should be used in the offline environment. However, exchanges can be used for short-term trading, but it is better to use top-rated exchanges.
Exchanges should only be used when you're actively trading, not for long term holding or generally storing crypto. I've seen hardware wallets start at approximately $120-150, if I am not mistaken, it's a petty amount if you're holding long term, large amounts of Bitcoin. I'm currently using a simple Electrum, offline wallet, stored on my daily usage laptop.

If one can't afford to buy hardware wallet, one can already use like electrum or bitcoin core for btc, metamask or trust wallet for decentralized wallet. As long as you are in full control of your keys, you are pretty secure with your portfolio. Yes, it is true, exchanges are only to be used when you are trading, after you finished, you need to transfer it back to your own wallet. Also, don't use third party wallets where you have no full control of your keys and funds.
Metamask and Trustwallet might be decentralized, but I wouldn't trust them for long-term holding. On the one hand, there are plenty of instances of phising attempts, one of which almost got me. Also, it's fully online and directly connected to the internet, I don't have much knowledge or background about them, but I'm against using them for holding cryptocurrency.

I've only started using them because I'm staking cryptos on several platforms, through the Binance Smart Chain.
2355  Bitcoin / Bitcoin Discussion / Re: Exchange or hardware wallet ? on: November 28, 2021, 08:26:01 PM
~
Hardware wallets are definitely the safest option, without costing too much. They are certainly worthy if you're holding large amounts of crypto.

Whether the investment is large or small, if you want to hold for long term, you must use Hardware Wallet to ensure the safety of your investment, needless to say, today's small investment may turn into a giant asset in the future!. If hardware wallet is not available, then at least a good software wallet should be used. Of course, the wallet should be used in the offline environment. However, exchanges can be used for short-term trading, but it is better to use top-rated exchanges.
Exchanges should only be used when you're actively trading, not for long term holding or generally storing crypto. I've seen hardware wallets start at approximately $120-150, if I am not mistaken, it's a petty amount if you're holding long term, large amounts of Bitcoin. I'm currently using a simple Electrum, offline wallet, stored on my daily usage laptop.
2356  Bitcoin / Bitcoin Discussion / Re: Exchange or hardware wallet ? on: November 28, 2021, 06:10:27 PM
Definitely don't store significant amounts of crypto on an exchange. Reputable or not, there's always a slim chance that it gets compromised/hacked. Unless you're planning yo trade on a daily basis, or want the option of turning them into fiat at any possible time.

 Hardware wallets are definitely the safest option, without costing too much. They are certainly worthy if you're holding large amounts of crypto.
2357  Other / Politics & Society / Re: Covid lessons learned on: November 28, 2021, 11:17:27 AM
We can't handle so much isolation, especially if you're living alone, it must be detrimental. However, I don't believe that we'll ever have so much free time in our lifetime ever again. Due to social and quarantine measures, most of us stayed home, killing time and doing nothing (myself included). Likewise, I regret not making this time worthwhile, by learning a third language, by developing a new skill, or even going cycling on a daily basis.

On the other hand, due to my university online classes, I completed my degree a lot quicker and a lot more versatile. I didn't have to commute from home to university, saving a lot of time and stress, especially when I was working.
2358  Economy / Economics / Re: Fuel prices hitting an eight year high on: November 28, 2021, 10:16:27 AM
LOL.. Brent Crude crashed by 12% in a day, to end up at $72.72.

https://oilprice.com/oil-price-charts/#prices

Covid destroyed the combined efforts of Biden, OPEC and Putin. And at last, some good news for the oil consuming nations. But I need to see the long term impact. If the prices dip further, then the shale oil producers (especially in regions like Eagle Ford, Permian, Sugarkane and Bakken) are going to cut down on their future production plans. And this in turn will result in a scarcity in near future.
Yup, I was also tremendously surprised too but on the other hand, I kind of expected it. Austria has already imposed a full lockdown, Germany is possibly going that way too, and especially now with the new virus strain, it's definitely going to crash even further. I use my car on a daily basis (university, work, groceries etc.), spending more than 120 euros per month just on petrol, it's way too much.
2359  Economy / Economics / Re: Fuel prices hitting an eight year high on: November 27, 2021, 11:58:49 PM
There hasn't been any change in fuel prices in the past 1-2 weeks, here in Greece. However, I've observed a downward trend on Crude Oil, which is rapidly losing in value, closing at approximately $73/barrel. Are we coming to an end, regarding tremendously expensive fuel prices? Lets shall wait and see, in the near future.

https://www.investing.com/commodities/brent-oil

P.S I'm now reading that its drop is possibly caused by the new Covid-19 virus strain, which is threatening the oil demand.

https://www.ft.com/content/8e13522e-70e0-462a-bf15-476c9e0a0cec
2360  Bitcoin / Bitcoin Discussion / Re: What would you consider living on crypto? on: November 27, 2021, 10:12:45 PM
Getting paid in BTC is actually a good idea and I'll definitely consider that if I were to live on crypto, the only downside I can see is how big the conversion rates would be if I were to convert my BTC to fiat, will the company cover the fees for me? And volatility is also a problem, will the company adjust my salary everytime Bitcoin pumps or dumps? or will it stay as it is?
Volatility is an issue if you're solely depending on your salary, supposing Bitcoin's value goes down. Personally, if I had no other funds, I wouldn't do it.

On the other hand, I'm now considering to quit my job, enter unemployment benefits (it's not that great in terms of money),  and depend on cryptocurrency too. A good 20% of my income is already stemming from cryptocurrency, I can manage to live off crypto for a few months, at least.
Using the correct strategy it's possible to rely only on your monthly salary and still live on bitcoin. I believe the person just need to keep a reserve in fiat that will guarantee his basic needs expenses for at least one month, that is the time period he will need to wait until receiving the next salary in bitcoin, always proportional to a fixed amount of fiat that is the same for every month, what means the salary in bitcoin value is constantly fluctuating each new month.

This way you never run out of fiat while keeping almost 100% of your money in bitcoin at same time. For some people it's a risky bet to go entirely for bitcoin with your funds, but that is the meaning of living on bitcoin in my opinion.
That's what I meant, but phrased it differently, you'll need to have some kind of balance in fiat currency, in order to spend throughout the month. Receiving your salary in Bitcoin is an investment, your own salary could actually be generating more money, without too much effort. However, it sounds like too much of a risk to me, and would personally avoid it.
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