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2581  Bitcoin / Bitcoin Discussion / Re: Could invested assets be nullified by progressive gas fee after halving? on: May 31, 2023, 03:17:10 PM
The OP is confusing two things, because the fees he is talking about in relation to CEX are not only fees for miners, but something that can be called a service fee. When you withdraw coins from CEX, the usage service is charged, and that's why people always think that the fees are too expensive.

That is why it is not very desirable to withdraw funds from CEX often, especially after you have bought crypto for only a few tens of dollars. What has been happening with transactions in recent weeks is the result of human greed and stupidity to use the Bitcoin blockchain for what it is not intended for - and I would call it ordinal madness. But like all stupidity, this one will come to an end, and I only hope that all those who participate in it will feel stupid for everything they have caused.
2582  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: May 31, 2023, 02:59:34 PM
~snip~
And, actually, with more 10k free rolls played now I'm waiting for that 10000 number to pop up any time soon. Smiley

I looked at my statistics and I am currently at over 16 500 free rolls, which means that I can hope for the jackpot, maybe even sooner than you Wink

Of course, everything is a matter of luck, it can happen today, and maybe only for the next 10 000 free rolls. However, lately I have had a little more luck and today I rolled 9990, which is not a bad win.
2583  Bitcoin / Bitcoin Discussion / Re: What's Wrong with Roger Ver? ::) on: May 31, 2023, 02:49:12 PM
Nothing is wrong with Roger Ver, but it is with people who still wonder why he is not what he was in the past. I and anyone who has a smarter job in life certainly don't care what he promotes at the moment, because we know that he supports anyone who pays enough.

What we do know is that he is a simple traitor, and also not very intelligent when he thought that he and his little communists could destroy Bitcoin with their useless fork. With these new statements, it only shows how much he understands what he's talking about, because that shitcoin he's talking about is an ordinary inflated story that's worth even less after it moved to POS.

2584  Bitcoin / Hardware wallets / Re: Ledger Recovery - Send your (encrypted) recovery phrase to 3rd parties entities on: May 31, 2023, 02:27:48 PM
~snip~
But I will buy a Trezor T wallet because they promised that the secret phrase would not leave the wallet.

Don't be naive, Ledger said the same thing in the past, and today we know that the whole story they told is a simple lie. Trezor has its vulnerabilities, and even cooperation with companies that deal with spying on Bitcoin users and censoring transactions is not something that can position them as reliable producers.

In addition, both companies are located in the EU, and accordingly they will have to (or are already doing so) act according to regulations that go in the direction of complete control of crypto transactions.
2585  Bitcoin / Hardware wallets / Re: Foundation Passport Official Thread on: May 31, 2023, 10:52:37 AM
Can someone confirm if this HW works in combination with Electrum with the help of QR codes or only as described on the official website with the help of a microSD card? https://docs.foundationdevices.com/connect/electrum
2586  Bitcoin / Hardware wallets / Re: Ledger Recovery - Send your (encrypted) recovery phrase to 3rd parties entities on: May 31, 2023, 10:44:53 AM
To anyone that is still using Ledger: I've seen a couple of reports floating on Reddit[1][2][3] regarding users that aren't able to sign transactions unless they update to the latest firmware. Considering that I haven't seen such reports here, I would say whatever happened with these users has nothing to do with forced updates?

Note: Eventually you'll have to update your device if you want to use the Ethereum app that Ledger provides[4][5]. I assume that this applies to most apps provided by them.

Does anyone think that Ledger worked so hard that a new firmware would only be an option? Of course, they will use every possible trick to force users to upgrade, because otherwise they will not be able to upgrade coin apps, and accordingly they will not be able to sign the transaction.

I just hope that as many users as possible will give up using this wallet, even though currently the only option that seems somewhat safe when it comes to HW costs even $200, and I am sure that a good part of users cannot afford something like that.
2587  Bitcoin / Bitcoin Discussion / Re: OCC recommend banks to offer private key vaults to customers on: May 31, 2023, 10:24:12 AM
It's a bit complicated. Definitely, FDIC or the bank's insurance don't cover it. But it can be insured. I'm not aware of the specifics, though.
In the event of a bank theft or robbery, then the insurance activates. I'm pretty certain it covers such incidents.
Theft and robbery on bank's safety deposit boxes happen once in a blue moon. The same can't be said about residences.

Maybe the content can be insured, but I don't believe that most people do that, and as for the fact that it doesn't happen often, maybe it's in the interest of the banks that such news is not made public at all. Besides, whoever says that the contents of the safe deposit box must be robbed in the classic way, it can be seized by the police at any moment, as was the case in California. It is true that most of them got their content back, but only after lawsuits.

In addition to keeping our mouth shut, perhaps time will come when we might even do away with Bitcoin stickers, Bitcoin paintings, Bitcoin mugs, and anything that gives the robber an idea that we have Bitcoin. If the robber knows that you have Bitcoin, it doesn't anymore matter where you hide your seed phrase in your house. He/she only has to cut your finger to have it.

That time has come a long time ago, at least since the price of BTC gained value in the last 5-6 years. I understand people's need to emphasize the sign BTC, but that way they only draw attention to themselves, and in that case they must be prepared for possible consequences. As for burglars, I have a "shoot first, ask questions later" policy, so I don't worry too much about someone threatening me like that.
2588  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2023, 04:19:23 PM
Stop dreaming about it, and also BTC doesnt want to be that, BTC its a reserve of value more than a day to day coin, that was proved several times. Lets other coins be used for day to day and Gresham law work.
And other thing dont repeat the shit of "mining with renewables energy", that its pure missconception against PoW and BTC made by the powers, to destroy BTC.

You don't need to be so harsh, at least when it comes to the Philippines, which became famous some time ago for an island that has become very attractive for tourists who want to pay with Bitcoin. Furthermore, all those who advocate the thesis that Bitcoin is not a currency (nor should it be) are actually those who do not understand that this is the only way it will manage to survive.

When you say some other coins, do you think there is something better (not to say safer) than Bitcoin in terms of payment?

2589  Economy / Gambling / Re: is KYC data on Gambling sites safe? on: May 30, 2023, 03:40:03 PM
"Safe" is something that you cannot define as definitively safe, because there are so many database leaks/hacking that it is hard to count them. It is not just gambling sites, but in general all possible databases that contain personal data, whether it is data that is under the control/protection of state or private companies.

Each of these databases is potentially vulnerable, the only question is how well it is protected and how much someone wants to hack it. When an unauthorized person comes into possession of such data, he can use it for ordinary phishing (e-mail, SMS, phone calls), for possible physical attacks on a person or his property, or for creating false documents.

In general, the more KYC you do, it is more likely that you will become a victim at some point. KYC has its purpose and there is no doubt about that, but it is definitely a double-edged sword.
2590  Bitcoin / Bitcoin Discussion / Re: Bitcoin is prohibited for use as payment on the island of Bali, Indonesia on: May 30, 2023, 03:22:59 PM
with rules like this, do you still want to go to bali?
Quote
Tourists in Bali Warned Against Using Crypto for Payments, Governor Says They’ll Be ‘Dealt With Firmly’: Report

People go to exotic destinations to enjoy and relax, not necessarily to use Bitcoin, even when it is completely legal and possible. Therefore, I think that such decisions do not affect tourism too much, because Thailand also banned payments with Bitcoin before, as did Turkey.

For those who go on vacation to pay with Bitcoin, there is always El Salvador or Boracay, and probably some other places where Bitcoin is not prohibited. However, if I were to choose my tourist destination, I would also take into account how each government treats its citizens, and whether there are any crazy laws that could land you in jail. Bali with its attitudes and strict laws is definitely not on my list of priorities.
2591  Economy / Gambling discussion / Re: Which New Technology will be adopted by the Gambling Industry? on: May 30, 2023, 02:58:40 PM
Any technology that will enable online casinos to offer a more attractive service and that will enable them to fight against fraudsters will certainly be implemented. It is a business in which huge money is made and they are always ready to invest in something new, and it is no secret that those who enable something new have the chance to attract the most new players and retain those who are already their users.

In addition, during the pandemic, online casinos received a large number of new players who discovered some of their advantages compared to physical casinos, and I think that some new technologies will attract even more players of the new digital generation.
2592  Economy / Reputation / Re: After Chipmixer, Is Sinbad.io Next To Be Shutdown? on: May 30, 2023, 10:53:20 AM
Then there is also the rumour that @theymos has sent out an edit that no admin/staff moderators are allowed to join mixing signature campaigns.
There was a link posted some time back where a forum staff member stated words to that effect. I need to try to find it as it confirmed what you cited as a rumour to be true.

This is not a rumor, but a fact confirmed by one of the staff members. We have already discussed this so many times that any further discussion is completely pointless, just as this discussion is pointless considering that logic leads us to a single conclusion, which is that all mixers are targets of those who want to stop them. Which one will be next is just a mere guess and nothing more.
2593  Bitcoin / Bitcoin Discussion / Re: OCC recommend banks to offer private key vaults to customers on: May 30, 2023, 10:34:06 AM
If it's a physical vault, I actually don't mind keeping my encrypted private keys in there. I can also pay an insurance for it depending on how much value I declare. It's fire-proof. It's locked. It has alarms. I guess a bank vault would be much safer than keeping 3 written copies of your seed phrase somewhere in the house. If you are keeping a copy of your seed phrase at the back of a painting, underneath your table, or in a plastic bag a foot below the ground in your backyard, I think a bank's vault is better.

Can the value of something you deposit in a bank safe be insured at all? As far as I know, banks don't want to know what you keep there, and neither do clients want to declare the value of something that is there. In addition, in the event that thieves break into the bank and take all the contents of the safes, you have lost everything there, and you cannot prove that there was a seed there that gives you access to x BTC.

I would still believe more in my own insurance of such sensitive information, and if you do everything right and keep your mouth shut, then the risk is minimal even when and if thieves come into your living space. If someone already chooses a safe in a bank, then it makes sense to keep part of the seed in a private location, and part in the bank, so the risk is lower.
2594  Bitcoin / Bitcoin Discussion / Re: OCC recommend banks to offer private key vaults to customers on: May 29, 2023, 02:32:51 PM
It is not a new idea, it has been talked about for years and some banks have already received permission to do exactly what you are writing about now. Of course, such a method of access is very easy for the bank's clients, but completely pointless if it is a custodial service, similar to any CEX that many use as a "crypto bank".

People who do not buy Bitcoin to use it as a currency and only want profit without too much worry will certainly choose this option, only that first of all they should be warned about all the risks arising from the custodial service. Banks will certainly (at least some) accept to enable this kind of service, but storage and fees in that case will certainly not be negligible.

The only benefit I see in this way of purchase is that the client does not have to do a new KYC, given that the bank already knows all the information, and if they also gave clients the option of withdrawing to non-custodial wallets, it would be a solid option for many who are looking for easy way to enter the crypto market.
2595  Economy / Gambling discussion / Re: Crazy Sports Betting Idea on: May 29, 2023, 02:18:54 PM
It seems to me that in the past there were some kind of custom bets where the player asked to bet on something, and the bookmaker then made it possible for him or not - if I'm not mistaken, that was possible on the UK market. And I just remembered one example that was talked about a lot about ten years ago.


Source

I don't see why it would be crazy to include a type of bet on coaches in the offer, because clubs change them very often, and realistically, many of these people should not be coaches because they are not for that job, regardless of whether some of them are were good players.
2596  Economy / Gambling discussion / Re: How to stop gambling addiction? on: May 29, 2023, 01:58:57 PM
For those who have a real problem with addiction of any kind, including gambling, the only real help is to seek professional help. This usually refers to help in the form of professional psychologists, who of course are not cheap, but I have noticed that there are more and more free phone supports for those who feel that they are becoming addicted.

However, I think that people should be influenced at a young age so that they know how to face such problems if they find themselves in them, but also everyone should be able to recognize when someone has such a problem and try to help them. Society tends to marginalize such people, but this is completely wrong, because the problem is not only in someone's addiction, but also in the influence of these people on our everyday life.
2597  Bitcoin / Press / Re: [23-05-25] Will Bitcoin help Ron DeSantis become President of the United States? on: May 29, 2023, 01:22:10 PM
~snip~
You cannot believe one thing that comes out of the mouth of a politician, they will promise you the world before the election, but once they are voted in, they forget all about that.  Roll Eyes

It's not just that they will forget, but they will do exactly the opposite of what they promised. It is fascinating that in most countries there are elections for the parliament or the president every 4 or 5 years, and that at that time the average person mostly forgets about all the promises made by politicians, and even less evaluates how many of these promises have been implemented.

What everyone seems to forget is that the presidents in the US change, but the politics are always the same. No US president can publicly be pro-Bitcoin, because it would mean that he is actually against what the majority of Americans support, which is the US dollar. DeSantis is therefore completely irrelevant in the context of Bitcoin, like all his predecessors.
2598  Other / Beginners & Help / Re: Crypto influencers secrets that all newbies should be aware of on: May 29, 2023, 12:46:28 PM
~snip~
He swore that many new projects have tried to pay him to talk about some shit coins on his YouTube, which he always turned down, he also said he plan to quit this influencers thing for twitch streaming instead( gaming online ) because crypto influencer is all about feeding people lies upon lies, and he doesn't feel good about it.

Maybe it's all new and strange to you, but the whole shitcoins industry works by first ensuring adequate advertising, and then listing on as many exchanges as possible. All this is actually one big lie and deception in which the owner of the project, the so-called influencer, and of course the platforms that serve for advertising, make money.

I won't say that even some ordinary mortal earns something in all this, but they pick up only crumbs, although the majority lose everything they invest - because their loss actually generates a big profit for all those I have already mentioned. If people were just a little less naive and spent less time on various social platforms, I am sure that they would be much better off in life, and that they would have much more money left in their pockets.
2599  Economy / Micro Earnings / Re: FaucetPay - Micropayment Wallet on: May 28, 2023, 02:09:47 PM
~snip~

If you have ever shared some ref links of FEY faucets or any multicoins faucets where the ref link is the same for all available coins, that is the most likely reason why your FEY balance is increasing. I'm not sure if there is another way to get FEY from FP in the form of direct ref rewards for those who click PTC and similar on that page with your FP link.
2600  Bitcoin / Hardware wallets / Re: Ledger Recovery - Send your (encrypted) recovery phrase to 3rd parties entities on: May 28, 2023, 01:35:47 PM
~snip~
In my opinion Ledger Paris can basically only do one thing right and that's marketing bs. They suck at everything else, including value their customers. Strangely, it seems to me that Ledger appears kind of synonym to hardware wallet. Look at the topic Show off your hardware wallet, yes I know it's not representative, only 4 of 19 don't show Ledger hardware crap.

Realistically, at the time when HW started to become a serious competitor to desktop wallets, there were not too many choices, and Ledger mainly imposed itself as the main player on the market due to its design. To me, that design was always more attractive than Trezor, and that's why I bought those devices, and I assume that many others did it for similar reasons.

What you call "crap" today, we couldn't define it like that in the past because there was no reason for it. However, when I get a new HW, maybe I'll start a new topic called "Show your destroyed Ledgers", because really trash belongs in trash, right?



If you use Ledger Live, then this is a given, since it connects to Ledger servers. And remember they are offering insurance with Ledger Recover, so they are 100% keeping track of your balances.
~snip~

This means that everyone who has ever upgraded firmware and installed coin apps in some way shared the content of their HW, together with the IP address, and it is not unrealistic that each HW can be identified by a unique digital fingerprint, which is then very nicely connected to the KYC database. I am surprised that until now not a single authority in France or the EU has dealt with the problem of Ledger as a company that has been behaving completely amateurishly for years when it comes to the protection of its clients' data.

A few days ago, a bookmaker in my country was fined EUR 380 000 for storing bank card data in an unauthorized manner, without causing harm to its clients.
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