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2661  Other / Meta / Re: what does your username mean and where did the idea come from? on: March 06, 2023, 03:56:51 PM
I'm sorry if I'm going to spoil the fun, but I remembered that we had a similar topic a couple of years ago, so some have already answered the question you're asking. In any case, the topic is interesting to read, although not too many members decided to share their stories about how they chose their usernames on the forum.

How did you chosen ₿itcointalk username at the beginning of registrations?
2662  Bitcoin / Wallet software / Re: Coinomi wallet hacked, all funds stolen on: March 06, 2023, 03:41:05 PM
The wallet was drained on Feb 14th.

Then you didn't really have a happy Valentine's Day - but someone else obviously had a smile on their face...

The password was in my head not on paper.  The seed phrase was on paper in a safe which only I have access to.

Has the password ever been written down on paper or anywhere online? In any case, keeping such information in your head is a bad option, not only because you can forget it naturally, but also because of a possible head injury. Are you sure only you had access to the safe?

Coinomi denies all responsibility and basically says too bad so sad.  My wife and I are retired, the wallet held our "safe" retirement cash savings.  Stay away from this wallet. 

What else do you expect them to say? No matter how much you think it's the wallet's fault, it's hardly an inside job - because if there was any vulnerability, hundreds or even thousands of wallets would be emptied. No matter how you look at it, you and your wife should have been much smarter and informed yourself first, and if you had done that, maybe this wouldn't have happened.
2663  Economy / Trading Discussion / Re: Threads on local currency with bitcoin! on: March 06, 2023, 11:32:37 AM
If the banks in your country enforce the laws so strictly and block your account for only $300, then you simply have to exclude them as an option when trading with Bitcoin. One of the options is to trade personally face to face, because that is the only way in which you completely bypass the system, unless your government gets involved and instead of a legitimate buyer you meet an undercover government agent.

Another option that comes to mind is to try to get a card that you can use to withdraw cash from an ATM, some CEXs offer such an option, and there is also a more expensive option in the form of anonymous bank cards. However, even that is not a 100% safe way to stay under the radar, because if your government wants to know who is withdrawing cash from the ATM, believe me, they will find a way to find out.
2664  Economy / Speculation / Re: Do you think BTC would rise again? on: March 06, 2023, 11:19:46 AM
~snip~
Normally I understand this wasn't the first time BTC has experience this down slide but then it was normally market situations but now many billionares has withdrew interest in this project, then what is the hope of this project? Do you think BTC will experience better and high price?

Young friend, if you haven't figured it out yet, abnormal is the "new normal" now, and everything in this world has to adapt to it, and what doesn't adapt will disappear. Those of you who look at everything through the prism of price are in the biggest problem you can imagine, because the system washes your brain every day, and instead of understanding Bitcoin as an alternative, you only think about how to get rich overnight.

Don't worry too much about billionaires or millionaires, because they can afford bad periods and come out of them just a little less rich than before, and you can only hope that the system will not impoverish you even more. Start thinking outside the box, not everything is as it seems Wink
2665  Other / Beginners & Help / Re: Their Involvement in dex projects valid or invalid on: March 06, 2023, 10:54:52 AM
~snip~
Also, I have seen posts about some saying that Bitcoin is the only true decentralized project, how valid is this? Out of like, thousands of crypto projects we have in this space, how is it that only Bitcoin is fully decentralized?

You are asking a beginner's question, and you have been on the forum for almost 1 year - which leads us to the conclusion that in all that time you have not been able to understand the basics. Bitcoin is not only decentralized, but has gained great trust among people because, in spite of everything, it adheres to the basic principles envisioned by its creator.

If you want to invest in some so-called decentralized projects, that's not a bad thing, you might even be lucky and find one that will succeed - but behind most of those projects are people whose primary goal is only quick profit, regardless of who will suffer along the way.
2666  Economy / Service Discussion / Re: What is the best mining platform for btc? on: March 06, 2023, 10:11:47 AM
That means, youtube influencers do their job well.
~snip~

If someone wants to gain knowledge about something exclusively on social networks, then he has to face the fact that sooner or later he will fall into a trap. All these influencers are trying to earn something, so even though not all of them have bad intentions, the fact is that they lead many astray.

Bitcoin mining used to be possible on personal computers, and it is possible today - the difference, of course, is that it is no longer profitable at all. This message should be clearly conveyed to people, with a note that cloud mining is only one form of deception that will only generate losses in 99% of cases, and in only 1% of cases will they return the invested amount or earn minimally.

As strange as it may seem, even with the use of faucets in a smart way, someone can earn $1 a day, which is of course a small amount, but still you have $30 at the end of the month.
2667  Bitcoin / Bitcoin Discussion / Re: Bitcoin, Privacy, Mixers on: March 06, 2023, 09:55:00 AM
Top mixer is paying 5 years now lots of thousands of dollars worth of bitcoin every month to be appeared in every thread of this forum. If that isn't aggressive advertising, I really don't know what it is.  Tongue

I wouldn't call it aggressive, but just well-thought-out and long-term sustainable advertising through this forum, in such a way that they found a winning formula that consists of several dozen participants and a price that CM can afford to pay every week/month. Most of the other mixers and sig campaigns have a different approach, which consists of campaigns that don't last long enough, not to mention that they don't have enough top posters to bring them the desired results.

Also, the rule "you must post at least xx posts per week" does not contribute to anything else, but only more spam - which is also part of a bad strategy that many apply.
2668  Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto Is US Government on: March 06, 2023, 09:43:26 AM
Isn't there a moderator around to delete really dumb pointless threads like this?

Moderators do not act on their own, but on reports, so if you think this is a low-value/pointless topic, you know what to do.
2669  Economy / Gambling discussion / Re: Can Gambling earn someone a living on: March 05, 2023, 03:53:24 PM
~snip~
So my question now is that can someone use gambling as a means of earning living?

Gambling and living certainly makes sense for those who own such companies, because the house always wins, and those who play mostly lose, even when they sometimes win. A man who would decide to live by gambling without cheating would actually decide on a life in which his fate depends on whether the roulette will be black or red - even or odd, or how the dice will turn.

One type of gambling where you still have slightly better odds if you play smart is sports betting, but that's another story.
2670  Economy / Service Discussion / Re: What is the best mining platform for btc? on: March 05, 2023, 03:22:53 PM
For sometime now, a friend of mine has being on YouTube, trying to find any legit site for mining btc.

It might sound a bit harsh, but some people just need to be let learn the hard way - so if you've warned your friend that it's not a smart thing to do and he still insists on it, let him try it and see how much he will profit. "Successful earning" methods are not found on YT or other social networks where 99% of the advice is useless or misleading.

The only correct and profitable way to mine BTC is by buying special devices (ASIC) and connecting to one of the respectable mining pools. Even then, profit is not 100% guaranteed.
2671  Economy / Economics / Re: War: who benefits and how! on: March 05, 2023, 02:53:41 PM
Those who produce and sell weapons always benefit the most from war, because during wars the demand for weapons increases. The data show that in just one year, Ukraine consumed as much specific artillery ammunition as the US otherwise produces in even 5 years - and now, of course, production must be significantly increased in order to satisfy the demand to some extent.

Another industry that profits are those that produce medical supplies, especially those used on the battlefield such as bandages, infusions, painkillers and the like. In addition, the war creates thousands of disabled people who need prostheses and various other medical aids.

For most people, war means death, serious injuries, loss of apartments, houses, cars and more or less serious psychological consequences in the form of post-traumatic stress. However, for some it is really a time of great profit - and in my area there is a saying that says "war is a war for someone, and a brother for someone else".
2672  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: March 05, 2023, 02:32:18 PM
The leader of an army made up of convicted rapists, murderers and trash from the bottom of human society has spoken - it seems that the fate of Russia is in his hands Roll Eyes They attack a small town for 7 months and can't conquer it - they really are a military superpower (but only in Putler's dreams).





On the other hand, look at what courage really is and why Ukraine will not only not lose the war, but will soon launch a counter-offensive and smash these Russian orcs so that they will remember it forever.

2673  Other / Beginners & Help / Re: Writing down the words under same roof as my siblings on: March 05, 2023, 12:10:55 PM
I am still living with my siblings and ihave done some research about crypto wallets online, they said keeping your recovery words offline is the best way, now I plan to write down my recovery seed in my book, remember I said I live with my siblings, I can't guarantee myself that they won't get to where I write down the words, my brothers and sisters are still younger than me but I don't know if they knew anything about crypto and wallet, but I have an idea, if it's stupid do tell me.  

You don't only have a problem with the fact that one of your brothers and sisters could see your seed (although they probably won't know what they're looking at all), but also with the fact that that book, notebook or something won't end up in the trash, be damaged in some way (water, fire, chemicals, pets...)

If I were you, I would get some kind of small fire-proof box, put the seed inside and hide it somewhere where no one would think to look for it. As for the place to hide, I would recommend that you consider (if you are able to) hiding inside the wall or under the floor, but you have to be a master to cover up the traces of the works.
2674  Economy / Economics / Re: Iceland is ‘Europe’s last Bitcoin mining refuge,’ but concerns emerge on: March 05, 2023, 11:50:20 AM
~snip~
While we may say that cold climate pushes them to innovate and improve their quality of life, the first question that remains unanswered for me is: Why did humans decide to settle and live in cold climates when humans feel more comfortable in warm? But this is a question of history, not economics Cheesy

Maybe it used to be warmer there than today, or maybe people simply got used to the cold, considering that the seas that surround those countries are still very rich in fish and other sea creatures that serve as food for humans. Regardless of the fact that I live much further south, I personally would rather choose such a climate than one in which the summer temperatures regularly exceed 40 degrees Celsius, with the addition that in the last ten years we have also had regular strong summer storms accompanied by strong winds, rain and hail.



As for geothermal energy, it is not specific only to Iceland in the sense that it exists there, but that they actually use it to the maximum. When we look at the map of geothermal sources in Europe, it is evident that in some parts there are far more of them than in Iceland, but they are not very little used. Denmark and Hungary have perhaps the greatest potential, and some other countries are already seriously thinking about building more geothermal power plants, because it is actually clean energy that is under our feet. Taking everything into account, maybe Iceland is not the last refuge for crypto miners - although the anti-mining movement in the EU has been very active in recent years.

2675  Economy / Speculation / Re: Mt. Gox will release bitcoin in march - what's next? on: March 05, 2023, 11:17:15 AM
With that much BTC to release, it's going to make this market plunge.

How about you read something other than the title? If it has already been written that payments will be made in batches and that not everything will be paid out in cryptocurrencies, so where exactly do you see the danger that such a process would shake up the cryptocurrency market? We are not talking here about 1+ million BTC, but something less than 150 000, of which I do not believe that even 50% will come to the market right away - and even if that happens, we should not expect the apocalypse that some have been talking about for years.
2676  Economy / Micro Earnings / Re: FaucetCrypto - Is this legit for earning free crypto? on: March 05, 2023, 11:03:07 AM
Is this site legit or just a waste of time and a scam?

I can only say that I received dozens of payouts from that faucet and that I never had any problems - as far as I'm concerned, one of the serious faucets that exist today.



Faucets are dead for 5-7 years already

Of course they are, I just don't know how I personally earn the same monthly income from those same faucets as if I participated in some average sig campaign on the forum? Of course, it is about passive income because I have a large number of referrals.
2677  Economy / Invites & Accounts / Re: (WTS) Selfmade Hetzner Linode Vultr Azure for good price on: March 04, 2023, 04:39:01 PM
@Mpamaegbu, not that you're not somewhat right, but if something like this has already happened, then we must warn all other potential victims so that the same thing does not happen to them. Although all this sometimes seems like a Sisyphean task, turning your head to the other side is an even worse option.
2678  Bitcoin / Bitcoin Discussion / Re: I started accepting Bitcoin at my store in September 2021, here's an update. on: March 04, 2023, 04:10:51 PM
~snip~
I'll HODL until the day I die.

Maybe you will leave all your wealth to your children, there is nothing wrong with that - but on the other hand, money is to be spent and to fulfill some wishes in life, not only for yourself but also for others while you are alive.



I am out of words
---
Did you read forum rules that duplicated topics are not allowed. You duplicated topics in a same board (4 topics in Bitcoin discussion) and in different boards

It would certainly be better if he just made an update to the last topic, but for some reason he decided to open a new one. Maybe the OP doesn't know how to find his old threads, and I wouldn't be surprised if this is exactly the reason for this behavior. Given that the threads are from 2021/22, I'm not sure how the mods would react - but if you think it makes sense, you can try reporting.
2679  Economy / Speculation / Re: Mt. Gox will release bitcoin in march - what's next? on: March 04, 2023, 03:33:21 PM
Can anyone who is a MtGox creditor can confirm if they are actually going to get their coins in March? I’ve been hearing this for years and it almost always gets pushed back.

Obviously it’s not bullish. Will be a big dump when the first transaction from the MtGox trustee wallet is moved since there are some people that probably need to sell the bitcoins because they need the funds.

What I know is that payments will be possible in Bitcoin, FIAT, and for some reason an altcoin whose name I don't want to mention at all. In other words, some will certainly decide on a bank transfer because it is a much easier option for them if they are already planning to sell BTC, and let's assume that the trustee will sell BTC through OTC.

Regarding confirmation, there is an official document that confirms that date, but as a deadline for submitting applications and correcting existing ones - while payments will start as soon as possible after that date. Maybe finally, after 10 years, the creditors will wait for their moment, and maybe not - after all, these are "super-efficient" Japanese people.

https://www.mtgox.com/img/pdf/20230106_announcement_en.pdf
2680  Economy / Economics / Re: Bitcoin Births Another Set Of Millionaires As BTC Nears $24,000 on: March 04, 2023, 03:12:09 PM
~snip~
We also don't know whether some of those untouched wallets are owned by people who have had other wallets but took profits with those coins. There are a lot of questions that just can't be answered, and hence, these analyses often don't lead to solid conclusions.

Every year the same stories, only the numbers change a little, and they are all just guesses and nothing more. At the end of the day, companies that conduct such analyzes must somehow justify their existence and advertise themselves a bit - and if we consider that one of the largest CEX recently published a survey in which it claims that some 75 million Americans will buy Bitcoin by the end of the year, it seems that the age of recycled news is in full swing.
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