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2581  Economy / Service Discussion / Aware of Bitmex issues? on: September 21, 2018, 01:52:27 PM
I've had been a member over there and I've had some of the worst experiences I'd like to share here:

First one:
When Bitmex went offline, I had a SHORT position open that got it STOP reached in no time after their announcement as we were all helpless, not even able to change anything or touch the trade as the system went ON MAINTENANCE. That made me a loss of BTC0.005 (as I did it for test purpose, and eventually this happened).

Second one:
Yesterday, I've had a trade open with the same SHORT position, everything was going fine unless contracts started to burst off the wrong side and immediately, a straight $500 pump came in and we didn't even get the chance to move out of the trade due to their system-hang games.

Till date, I've heard this every time that Bitmex is rekt, but never believed until I experienced it myself. Do you believe the same?
2582  Economy / Services / Re: who wants to contribute writing crypto related articles and reviews on: September 21, 2018, 01:18:03 PM
If by contributors you mean volunteers, I don't think you will find a person who would write more than 1-2 articles for free. And that only with the promise that you will get them paid if their work is good. You need to understand that writing is not easy and that's a skill that not many people excel in. If you want quality you need to offer a good compensation.

I don't believe it's true. Some people also do things as a hobbyist, while others (like me) do it for the purpose of building up a good reputation by joining such people who give an opportunity to us to prove and excel in a field they've never worked for - before. Of course, everyone wants money to satisfy their life's needs as everyone here has a real life too, but those who've not yet made a name in such field could do better with these opportunities and build up a base for their future by having a side income through this once they get proved and hired by someone.
2583  Bitcoin / Development & Technical Discussion / Re: Flaws in LN (Lightning Network). on: September 20, 2018, 04:02:22 AM
There is actually no flaw in the scenario described and no weakness.

After the attacker sends 0.15 btc to his me2 channel through you and closes it, you still have 0.3 btc in channel 1.  What this scenario suggests is that the attacker then convinces someone else on the lightning network to set up a channel/channels with you and send him 0.3 btc through you.  That's fine and that will then deplete channel 1 to a balance of you having 0 in it, and him closing it out.  But two other things had to happen, and the most important of those is that you now have 0.3 btc in a channel or multiple channels with other participants of LN.  You are out nothing and have lost nothing.  The second thing of course is that the attacker had to get someone to send him 0.3 btc.

The accounting behind LN channels balance routing is very easy.  You only transfer some money to another person in a channel you are in if you receive the same amount in another channel (and you can even charge a fee for doing so). 

Can it also be done with least fee or even fee-less? I mean, I've got to heard and learn about LN that we don't really need to pay anything unless and until we close a channel we do our transactions in, so is it possible? As well, doesn't the network charge a fee and is it user-defined? Can LN technology ever be implemented in exchanges once the testnet is done with their tests?
2584  Economy / Services / Re: who wants to contribute writing crypto related articles and reviews on: September 18, 2018, 06:58:06 PM
Hello , Website needs contributors for now , thanks for your offer

If it's like a voluntary job, I would like to join hands and try my luck over writing as I believe I may give you great content once given an opportunity. I haven't had any previous experience as of date, but I'll try to be very professional in my words as and when you need an article to be posted on your website.
2585  Economy / Services / Re: earned $1000+/month in next 3 month rudra12 ♕ $300 Coaching! 100% guaranty on: September 18, 2018, 06:46:19 PM
if you can make 1500$ to 5000$ per month with you Adsense secret earning method, why would you need to sell it for only 300$ ?
Why would anybody pay you for coaching?

Copy-paste of this:

if you can make 1500$ to 5000$ per month with you Adsense "secret earning method", why would you need to sell it for "only" $300?



if you can make 1500$ to 5000$ per month with you Adsense secret earning method, why would you need to sell it for only 300$ ?
Why would anybody pay you for coaching?

first thanks for the reply and now i am selling it because in online you can't hide something very long time so i use it both ways and already people pay me if you didn't check it please check it out my site www.1ranksseo.com also come on skype for see the video link of my earning skype id rudrtalove122

Wow, and do you really believe that revealing such hidden secrets will get you and your buyer/s both anywhere? No. Because such techniques, when sold, become bullshit as you really don't know the level of greed your buyer has in their mind and so, one day, due to any of their mistakes, everyone needs to suffer.

Videos are very good, i made $900 with your secret method.
Thanks

Most hilarious joke of the day.
I bet you prove this, eh?!
2586  Bitcoin / Development & Technical Discussion / Flaws in LN (Lightning Network). on: September 17, 2018, 04:43:52 PM
I like to know more about things that are necessary to be known before I ever use them, and so, whenever I hear from anyone saying "USE LN", a question strikes my mind every time that where there are some advantages beneficial to the community, there would be flaws as well in this network (as IMHO, nothing comes flawless and so doesn't LN). I wish to discuss more about such flaws (ever recognized) and their intensity levels as to what extent they may harm the decentralized part of this invention.

As franky1 explained me in a different thread (post quoted below):

what about LN technology itself? Does it consist of anything that could be attacked the way blockchain has blocks? I'm not very clear about this LN, but to what I know, LN doesn't need any such blockchain to conduct the come-&-go of Bitcoins as it works through channels where one can send/receive Bitcoins without having to take too much load of downloading blockchain, adding details again and again, maybe?!  Huh
Can you please elaborate?

to get into LN you need to do a ONCHAIN transaction to an address that locks the funds. (bank deposit analogy)
so yes you need the blockchaiin..

and when you want to close a channel you broadcast the LN transaction back to the blockchain (bank withdrawal analogy)

anyway within LN its still risky to use and even the Devs have repeatedly warned people.

there are many way to steal coins on LN. and im not talking about bugs. im talking about using LN.
even if we totally forget about bugs, changing opcodes. .. and just think about the auto accept/autopilot of routing funds...
you can get played

me1 [0.15 <:> 0.15] you [0.15 <:> 0.15]me2

me1 can you send me2 payment of 0.15
me1 [0.00 <:> 0.30] you [0.00 <:> 0.30] me2

me2 i close channel thank you for the free* 0.3  *ill explain this below
me2:  "random announcement: if 2 people connect to arde and send 0.15each to me1. they can later HYIP arde into turning each of your 0.15 into 0.3


me1 [0.00 <:> 0.30] you [0.15 <:> 0.15] HYIP1
                                      [0.15 <:> 0.15] HYIP2

HYIP1 can you send me1 payment of 0.15
HYIP1 can you send me1 payment of 0.15

me1 [0.30 <:> 0.00] you [0.30 <:> 0.00] HYIP1
                                      [0.30 <:> 0.00] HYIP2


me1 closes channel... yep thank you for the free coin...
me1 started with deposit 0.15.. ended with withdrawal 0.3
me2 started with deposit 0.15.. ended with withdrawal 0.3

total gain 0.3


but you will find the more the bankers pay devs to develop LN and complete the roadmap of banking2.0 the more the devs will play with bitcoins network and ruin it so that people lock funds into LN and never use bitcoins network again..
fortknox/fed reserve 19th century all over again

'gold is slow and old, put it into this system and we will give you these signed things called a promissory note that you can trade instantly with"

the grabbing funds trick i quoted is why LN devs are concepting the factories. (to stop people exiting so easily)
and why they are in such a rush to get it live and running

so that to open a channel you dont pay your channel, you pay a fed res(factory) that then funds a bank(hub) and the bank(hub) opens an account(channel) with you and funds you with value. whereby your withdrawal address is not a normal address you own but a public key to the fed(factory) so that you can close an account(channel) and reopen another account(channel) without broadcasting to the network.

thus your bitcoin is always locked in the fed reserve(factory) forever under their control. while you play around with unconfirmed payments with no exit apart from cheaper altcoins. so that they get to keep the btc.


what you got to realise is that LN is NOT bitcoin.
LN is its own banking network. and will be used by many coins. the corporate plan is to lock bitcoins in, and make it appealing for people to prefer to swap BTC for fiat or an altcoin like litecoin if they truly want to get out of the LN system..

why do you think banks grabbed gold.. gave signed promissory notes and if you didnt want to use them, they would give you nickel and copper coins ..

It's worst flaw is that the complete output of all the input will remain centralized as those who are average people and don't really have such high technical knowledge, either need to pay higher fee or be forced to use centralized hubs which, IMO, completely expels the idea Bitcoin and the whole crypto is made for. Is there anything we can do to use this network but not by bypassing decentralization?

Also make me aware of some more flaws you're aware of LN.
2587  Economy / Gambling discussion / Re: Bitcoin closing price for September - Betting odds on: September 14, 2018, 06:25:44 PM
I rather price will be 5800$ -6200$
Lowest 5500$
28 September future expire and SEC will delay ETF one time again so 5500$ possible


Well i'd wager close to 6.8k to 7k. And that's not considering whatever the result of the etf application is. I really believe we've already bottomed out at 5.8k and the price for september will just play around it's current value until the end of the month.

I don't see either 5500 or 6.8k to 7k, I believe that there'll be no such news or story this time to create an antagonistic or supportive environment in the markets and I see BTC going sideways once again for at least 2 months if not till the end of December. Though, take my advice with a grain of salt as past performances doesn't guarantee future results, everything in crypto is hypothetical and every other person will give a completely different outcome advice.
2588  Bitcoin / Project Development / Re: If you're still in crypto, what's your background? on: September 14, 2018, 04:42:16 PM
I work for a firm as a Senior Sales Executive and my job is to convert potential customers into buyers, it's an education-based firm which sells USBs having educational stuff in it for different class (standard). I've had been involved in many other projects as well, but I've always kept myself anonymous as I never liked to share my work publicly. You may call crypto as my heartbeat because I can't live without this and it's one most important part of my life, it gave me so much of knowledge as well as introduced me to a whole new world of technology meeting anonymity meets P2P.
2589  Other / Beginners & Help / Re: Can I do more than one signature campaign in my account? on: September 14, 2018, 01:12:56 PM
Just rearised that I have attained the height of a Jr member and very excited about this development that I can do more as a member of this forum. With that being said, I want to know if I can do more than one signature campaign in my account as a junior member.

Congratulations on your achievement, but instead of looking for signature campaigns currently, I suggest you to try getting a good reputation by making well-established posts on which we may give you some merits if you put in some real efforts for the same.
On other note, being a Jr. member doesn't really give you enough space in your signature row, so asking this question currently is of no use.
When you go higher in ranks (like Sr, Hero or Legendary), you will have between 2000 - 4000 characters, so then you may decide whether you wish to put more than one signature in your account (this statement doesn't belong anywhere for signature campaigns).
Though, I've seen some signature campaigns before, those that used to allow their users to put more than one signature at a time even when enrolled in one. If you'll be lucky, you will surely find some campaigns by then whose managers would allow you to put more than one signature and work for both.
2590  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: My account hacked coins stolen ; any advise on: September 14, 2018, 12:42:43 PM
You need to learn what mistakes you made and invest in a hardware wallet for sure if you decide to dabble in crypto again. Trezor works well with myetherwallet.
Of course I will use hardware wallet now as suggested.

After watching the history of this thread, I've concluded a few things for you:

1. Etherscan is just an explorer, so it has nothing to do with the hack. You (and anyone) can only use it to watch your address for your complete stats as to how many ETH and other tokens are available in it (just as Read-Only mode in PC).

2. Myetherwallet is a wallet providing service, but they clearly ask you that you should bookmark https://www.myetherwallet.com/, as well, go through the slides and understand how you can stop yourself from being scammed (or your coins stolen).

3. Ask your friend why he thinks that keeping a telegram chat open may get your mobile/PC hacked? I've never encountered such a scenario. The only thing that matters is, if you've put your private key in a chat (sometimes some bots ask it for some giveaway purposes, but stay away from them as they will just swipe your money off a second later you give it to them).

4. Even if you don't have a hardware wallet (best if you could buy one) and if you can't afford to get one, here's a tip for you:

- Save your private key at a safe place and never, ever share it with anybody. Your private key is the only thing that you need to keep safe from anyone in this space, and if you can't do this, I guess you may never be able to safeguard your coins.

- If you're worried about your private key, I'd suggest you go for a Keystore file. You can find more info below:

Quote
Keystore File (UTC / JSON)
This is encrypted by the password you chose.
This is the recommended version to save.
This Keystore file matches the format used by Mist so you can easily import it in the future.
Make sure to have multiple backups.

Source: https://myetherwallet.github.io/knowledge-base/private-keys-passwords/difference-beween-private-key-and-keystore-file.html
2591  Economy / Economics / Re: Are loans - part of debts? on: September 13, 2018, 12:21:52 PM
What about the interest part? As loan consists of interest rates and changes according to the agreement if repaid late or whatsoever terms and conditions, does debt also accrue such interest rates? Most importantly, do debts have any interests levied at all? IMO, debts does not have interest rates added to it as it is given solely for the purpose of helping* someone by availing them the form of help they are in need of (e.g.; money for those who need cash, grocery for those who need food and so on), whereas loan is something that accrues interest rates from the very beginning it is lent (it differs on a case-by-case basis as to what I've observed because people also give 0 interest loans). What I don't understand here is, what's the lender's benefit by giving money for "free" or "interest-free"? 
2592  Economy / Economics / Re: Bitcoins under "Margin Call"? on: September 12, 2018, 02:52:48 PM
Guys, hold on to your coins and only invest in the projects you're completely aware of, don't fall for those telegram channels that ask you to buy any so-called "hyped" or "mega" coin because chances are, you're going to get dumped upon by them just because not only do they want your coins, they want to get out of these shitty markets and get ready for some future-backed coins that will surely deliver once this bear market settles after people's interest gets at peak in crypto once again. Remember, this is a chance to get in low in many good coins out there, don't miss this train again as this time, once it starts its hyper bull run, you'll never really see these prices again. I'm taking this as we're getting our daily need veggies at a discounted (or bargained) prices. For watch, $6400 is the level we need to break before the new recovering rally comes into action. Don't consider that $7200 pump as it was just because of BitMex, and shorts killed longs after they came online.
2593  Economy / Economics / Re: Are loans - part of debts? on: September 10, 2018, 08:32:42 PM
So, watching all the comments above, should I take it as loans are debts itself and the only difference here is that - both have their own types (e.g.; secured, unsecured, collateralized, non-collateralized) and limitations (time duration, contract specifics) to be met and as well, the terms may be different but meaning will remain same in every genre they've been spoken, am I correct here?
2594  Economy / Economics / Are loans - part of debts? on: September 10, 2018, 01:18:47 PM
I'm unable to find a precise classification and/or similarity between the two words - debt and loan. Should we consider debts (where people are helped financially or in a way they want that help - and they need to pay it off either in instalments or at a go, be it through paper money or by any other means according to the agreement) as loans OR Is there anything that could help us classify both these terms and show some dissimilarities and differences between them?
2595  Economy / Economics / Re: What is Debt? on: September 10, 2018, 11:47:52 AM
Money (paper money as physical form of finance) had always been a historical mystery that gave rise to this debt system to keep everyone under pressure that they owe something to someone else, and until that's given back, those people will be considered debtors and will be categorized (or I'd say discriminated on financial basis if they need more finance for their business or personal issues and won't get anything until they clear everything) in such a way that they will not be given priority in the society (and will even get criticized if they'll have a bad repayment history or overdue debts). Hats off and many thanks to Sir David Graeber for explaining such a misconceptualized topic in a brilliant manner. Had been here for so long but never saw such an interesting topic, or may have seen but missed it as I may have thought that the guy must be asking about what is debt, I learnt today that I should watch such topics as well because sometimes, we can find something interesting in them.

2596  Local / Press & News from India / Re: One of the Reason behind crypto market fall??? on: September 07, 2018, 11:54:20 PM
I believe that such scams were being conducted out of the box when the governments were not taking any serious interest in crypto. It'd be very easy for scammers to scam when they know that they are not going to be watched/caught, unless some authorities show up and take a stand. But, I think that crypto is an interesting subject that everyone, including governments should learn more about. They're just seeing the dark side of crypto because they want to, if they're not scared about the taxation part and have the guts to regulate it, I think we're strong enough to fight such scams and earn through this as well.
2597  Bitcoin / Development & Technical Discussion / Re: Total Number of full nodes operating. Less than 10k. on: September 07, 2018, 01:38:50 PM
A new promising technology naturally faces challenges and obstacles, whose responsibility is to keep it safe and secure other than its community and the devs? And how they should be judged when they have failed to focus on the main issues?

I think we're not capable enough to "teach" the devs that how their work should be done.

Quote
Apparently the word 'distraction' is somehow missing from your dictionary, to help you grabing it:

I'm blaming bitcoin community and its devs for being in a mental state in which they have lost focus and misjudgingly devoted their resources to issues not of vital importance at the same time that we have been and still we are face to face with critical centralization challenges. It is called distraction in plain English, add it to your dictionary.

Hey, let's forget about "blaming anybody" or the ^distraction^ issue, I've got a plan for you here - when you know that you can get the complete source code of Bitcoin at GitHub, why don't you come up with a whole new concept where everything will be based on your "plan" and nobody would be there to blame for?
2598  Local / Press & News from India / Re: i want trading in crypto but???? on: September 07, 2018, 01:15:45 PM
First of all, nobody can stop you from trading crypto.
If you think you need permit to trade in crypto, I believe you've been misguided. Even after RBI's decision, people still trade crypto as exchanges have shifted their trading to P2P style as well as they shifted their bases itself outside India. If you want to trade, you can buy TUSD (which is pegged to USD, meaning it will always remain $1 per coin) using INR and then, get bitcoins immediately and trade them at any exchange (e.g.; binance).
For anonymity purpose, you can use VPN and show different country while surfing such exchanges, so to keep your side safe. If you think government can stop you from trading or buying/selling crypto, you haven't understood the concept of crypto yet.
2599  Bitcoin / Development & Technical Discussion / Re: Total Number of full nodes operating. Less than 10k. on: September 06, 2018, 12:32:36 PM
Paying someone to run nodes (or running one yourself on a third party controlled VPS service like amazon or digital ocean, for that matter) wouldn't serve much of a purpose.

I don't understand why? Amazon or any digital third party doesn't do it on their consent, nor do they do it for their convenience but it's us who do it (or can do it) and we can use VPN services to stop being watched by them that we are doing this, that too anonymously, and as well, is there anything illegal in doing like this?
2600  Bitcoin / Development & Technical Discussion / Re: Total Number of full nodes operating. Less than 10k. on: September 05, 2018, 06:57:59 AM
Why can we not have services where people make donations to a global company with enough resources to host these full nodes for them. <Not virtual servers in the cloud>, like we have with Cloud mining.

Is there someone trustworthy enough for such donations? No. Because that would lead us to become their slaves for the network to be run by them at their own convenience, and if they ever decide to swipe off the nodes during any time for any reason (like government interference) or for their own profit-thinking (where they might ask a ransom to host these nodes, stupid but true yeah), the whole community will suffer a lot because of their own decision to go for such service. Rather, we might go and setup our own nodes and drop them running over a VPS for a year or two.

Now, I need a brief explanation from someone super-experienced about nodes:
What are nodes exactly and how do they work?
Difference between nodes and masternodes.
How to setup a node using free VPS (like Amazon's EC2 instances) or even paid one?
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