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2681  Other / Archival / Re: Bitcoin Obituaries on: November 04, 2022, 04:46:29 PM
I'd say the site is a limited Bitcoin obituary site; the available stats of Bitcoin obituaries on the site are restricted to two requirements. All bitcoin is dead submissions must meet these rules  before it'll be published: the website, blog or social media account that created a Bitcoin is dead article or thread must have good following or traffic and the articles must focus on the failure of Bitcoin mainly. Which means that if all the Bitcoin is dead articles or tweets were recorded they'd be more figures than what we have today. But, yet, despite the limitations the numbers are still high. Bitcoin triumphs from both bad and good publicity.

I'm seeing the site for the first time and the idea behind it is excellent.
2682  Bitcoin / Bitcoin Discussion / Chinese Intelligence Officers Used bitcoin to bribe a US Official on: November 02, 2022, 04:42:29 PM
It's a common story, but the story behind this "using bitcoin for bribery" by Chinese intelligence officers who exert schemes to get information from the US law enforcement agency may not be relevant to what I have to say. If you wish to read the complete details of the story the link is below. Moving on, I disagree with what a coindesk correspondence had to say, in this Video, about the bribery with bitcoin.

One correspondence pointed out that the bribery was traced because it was issued with bitcoin and the FED should be happy that bitcoin transactions are traceable; including that those PRC intelligent officers would have gone Scot-free if the bribe was given via fiat.

It's quite interesting to have such a view, but in this unsuccessful criminal occurrence, it's not relevant to take sides of which currency would have been used to avoid traces. Because I was pondering about what happened with the bribed officer. Read further and discovered that he worked as a double agent for the FBI. So he divulges every business he had with the PRC intelligence officers. Imagine that the bribery was issued surreptitiously; the GE-1, as he's referred to in the article, if he was a bad cop or kept the bribery a secret from the FBI.

Would they still be any possible trace of the business behind this particular bitcoin transaction? Considering that 60k is not too large a transaction to grasp the suspicion of the FBI. Indeed, there is a ledger for every peer-to-peer transaction, but the reason behind the transaction remains the decentralization if nothing is disclosed to a third party.

I know of two possible ways the FBI can trace a bitcoin transaction


1. Hacking into an exchange
2. If one part of the transaction reports to the FBI as the GE-1 did.

Please, I'm I By any means not getting this right? is it possible to suspect a bitcoin transaction like the one above without being told or given details of what led to the transaction?


https://www.justice.gov/usao-edny/pr/two-chinese-intelligence-officers-charged-obstruction-justice-scheme-bribe-us



2683  Bitcoin / Bitcoin Discussion / Re: BTC Volume decreasing over time, what does this tell us? on: November 01, 2022, 11:10:58 AM
The volume of BTC decreases as the stock market plunges down the hill. Since bitcoin is broadly used by many people, the price of bitcoin is rapidly correlated with the price of traditional assets which is now affected by macroeconomic factors like inflation, fiscal policy, employment level etc. 
2684  Bitcoin / Bitcoin Discussion / Re: Incredible! 5000 MIT students received $100 each in 2014. on: October 30, 2022, 07:07:02 PM
The better title you suggest I should put there is too long to enter the space provided for title in this forum.
How about this one like I used "In 2014, totally $500,000 was distributed to MIT students, $100 each"?

People don't have to know exact date in 2014 when that distribution was made. If they are interested in and spend time to read the sourced article, they will find the date.

Quote
However, the article stated that each student got $100.
Not all students get it. Only eligible students and if they claimed it.

Quote
Title even on newspapers is made in a short form to attract people to read the article.

Titles like this; Mother of 4 dies of pleasure" many people will go through the article and realize that what happened is different from the topic.
Yes, the shorter the better and the more attractive the better. If you want to make an attractive and shocking title to catch readers, you can use misleading words intentionally.

I like the position of the adverb "totally" in the topic you created and they are other shorter formats like "incredible! 5000 MIT students received $100 each in 2014" Starting the sentence with the adjective "incredible" explains how wonderful the project was in 2014 and how interesting it'll be to recent readers of the article who wants to dig further about the distribution of 100 dollars to 5000 students. Definitely, they'll discover that not all 5000 students claimed their airdrop.
2685  Bitcoin / Bitcoin Discussion / Re: 8 Years ago today, $500,000 worth of bitcoin was distributed to MIT students. on: October 30, 2022, 02:57:07 PM


A better topic title is like:
  • "8 years ago today, totally $500,000 was distributed to MIT students, $100 for each

[1] https://www.theguardian.com/technology/2014/apr/29/mit-student-bitcoin-wall-street-donor

The better title you suggest I should put there is too long to enter the space provided for title in this forum. However, the article stated that each student got $100. Title even on newspapers is made in a short form to attract people to read the article. Titles like this; Mother of 4 dies of pleasure" many people will go through the article and realize that what happened is different from the topic.
2686  Bitcoin / Bitcoin Discussion / Re: 8 Years ago today, $500,000 worth of bitcoin was distributed to MIT students. on: October 30, 2022, 07:09:21 AM
(0.290272 BTC) each to 4,528
There's not a single Bitcoin address that holds that exact amount:
16UNkG2YsbSLiByRmPNk55HnJvuJfKFU1H      2422902724
bc1qpm3aqzee0lqadklu5afsu59x7um2fmjgzw2wg9      60290272
3386rou7hopVHtyDtKB29FW8e9hmJwRsF5      32902722
35u6oQXz1rujyX1YtHZMBJZeTUzJgDmQHS      29027268
389HfGsgLvW1VpwwWbiNqBs3yPVjCbDEsi      29027236
bc1q3r7qvkyrgazcfs0c7m3peyhg54szyc4d8jywn3      29027221
3G8dUhww2D5BGwuovdVc7Msdtje2G285Sk      29027213
3L37yPTWy2uear1qg7wpoE5NbZkpPc5oNp      12902720
bc1qslr22g4mmdhzvag043jqengu4hpp5958344jus      11290272
3LfW3QzwBjiKrFf3Mh8yjcVrQsRuSttPij      9290272
1P9LLuSVx2qDBaZXNV9NKnpEfLXnY8uCYi      4290272
bc1quexfzxlq9rdmkjpun9l6tc0c4xlxd538p3qkj4      2902728
378PkJGK8cfYyWkutPV1Tjozn6M9g1jxVE      2902728
bc1q3cf86rs45tgycgcx9rvaqxejwfwxsgr9j67kt3      2902723
37AgmawdQkCVwnFxnao4NAu5MMAY7aAs3k      1290272
bc1qchu45a9qzd42wnhq8ehsg8tfvh7fey5rwy2ptj      1290272
bc1qzxs9q9f3gkmefksn64pd4p4awkcjmq3hfg4e82      1290272
bc1qx5plkfvvmqd3s2x2uadlcda93743u5t47rfem9      290272
1GpzaFKWVbcp7ucuYRGsj33XEuW9SEyCgv      290272
3BdzQdqRYFPczaQFZdBgTHGgmxdt6uVCCy      290272
13hM8xij7iGDc89TiRCAs9PeKVf4GwMayv      290272
1Q2qwbKWY57tUe1wB1GUjfLQPGEBoarxc5      290272
1L4sPepNKbNvpQg7dYGWgLyvDVhQEDU7b1      290272
32wC75ep13sBoTYaZQkWHaLFYrycCkqPsn      290272
13NNPR5beGugNkXd8BYQjsYArHMszD28dr      290272
3NUVgzCLAujp5yJ7RHURAkpHSzHmzjsYf5      290272
bc1q6cmkuenvlg0mypw5r5s7mrftduyqey7cvakr3y      290272
bc1qc4n7pp2tdvsr5q3j30xwf0dc46effgnq548whp      290272
1QAkiYSZ31wY2nmQTzMfmcLQqrJyhA3rRf      290272
1FAyfZp2eay6zuNWXbdRHR42BW4sMiRe27      290272
I'm curious to see the list of addresses involved. My guess is it was a different amount, or someone spammed all involved addresses with dust. It's unlikely all of those 4528 addresses were emptied.

I don't think they is a means of tracking the addresses of participants as the link to the survey is down. And its possible that those who held bought more bitcoin making it impossible to see an address with the exact balance. Moreover, how does your site operate? is it possible to go far back to 2014 transactions? or it searches generally on all addresses with a particular amount you want to check?


[/quote]
The most widespread airdrop I think. And lucky if some of those students held up to last year's ATH, they could buy more goods or services.
Just wondering how the distribution of bitcoin was at that time, because considering the article said bitcoin could only be spent on things related to education.

They had the fireflies application that enabled them to crowd source goods and services for bitcoin. But on the other article it was stated that some stores in the school stopped accepting bitcoin. However, as at 2014 bitcoin was getting more adoptions unlike the 2010 - 2011 era. I think for the school library to accept bitcoin then they'll be other means of spending bitcoin in the campus as bitcoin won't be a new term to them. Remember, MIT is a tech school and their students are IT geeks. They all spent their bitcoin, only few held even the fireflies programmer stated that he got his degree that's what matters when he was asked why he didn't hodl.





2687  Bitcoin / Bitcoin Discussion / 8 Years ago today, $500,000 worth of bitcoin was distributed to MIT students. on: October 30, 2022, 02:44:25 AM
 image from Pete Rizzo

In 2014 two students of MIT Dan Elitzer the founder of MIT bitcoin club and Jeremy Rubin a computer science student launched a project aimed at making bitcoin a case study by students and professors to birth an ecosystem for digital currency in MIT. To begin the project the founder of MIT bitcoin club coupled with Jeremy Rubin was curious to know how students will spend bitcoin if given the chance to hold bitcoin. So they raised more than 500k with the assistance of the bitcoin community and MIT alumni which was enough to distribute 100 dollar worth of bitcoin (0.290272 BTC) each to 4,528 enrolled in the institution. This free bitcoin distribution made MIT campus the first place in the world to have widespread access to bitcoin.

On the 29th of October 2014, a survey that lasted for 5 days was hosted by the MIT Bitcoin club to enable students to claim their bitcoins. Students who received the free bitcoin had the option to spend it on books at the school library where bitcoin was accepted. And on Fireflies a program that enabled MIT students to crowdsource products and services for bitcoin.

A link below shows how students spent their money and the few who held the free bitcoin.

https://news.bitcoin.com/thousands-mit-students-free-bitcoin-2014-6-year-holders-13000-gains/


Giving-away free bitcoin to thousands of people is the best vehicle to Mass adoption.

https://www.coindesk.com/markets/2014/10/29/mit-undergrads-can-now-claim-their-free-100-in-bitcoin/
2688  Bitcoin / Bitcoin Discussion / Re: Let me join the Bitcoin Forum on: October 29, 2022, 08:00:48 PM
Did you hear or read about the origin of the world “hodl"? Today I saw a post on Facebook that the forum member was drunk when he wrote hodl instead of hold. Generally I learnt that mistakes go viral online. I'm not sure about his condition that day whether drunk or typos but, sharing ones thought at any moment, mood or condition can make a difference in the cryptocurrency market.
2689  Bitcoin / Bitcoin Discussion / Re: Why btc cannot move pow to pos on: October 28, 2022, 01:46:30 PM
Those that moved to POS because of the energy consumption of POW know little about POW, and it's the only reason people complain about POW. To maintain the decentalized nature of Bitcoin POW should remain. POS looks childish, unlike the POW that requires mathematical knowledge and good amount of power to mine a block. This is actual work and it's more secured than the POS. I think it'll be difficult for the government to regulate bitcoin with POW in place and easier if BTC uses POS.
2690  Bitcoin / Hardware wallets / Re: Skins for hardware wallets on: October 28, 2022, 01:24:54 PM
Having a new skin for a new hw is not necessary and to some its not important to change the skin of an old looking hw but, on the other hand, the brand is targeting people that love fancy things and their hardware wallet has to look new to them always. Alot of people will not bother to renew the skin so far their hardware wallet is still in a good condition -- that is what matters. And I belong to such category of people not only for hard ware wallet even phones the skin don't matter so much to me.
2691  Other / Beginners & Help / Re: Nigerian Leads the Crypto (Bitcoin)World in Africa on: October 28, 2022, 12:59:13 PM
Nigerians are positive about cryptocurrency trading. And since it was introduced to Nigerians many of them who were into sports betting solely for money switched into cryptocurrency. However, many Nigerians have trading bots that is viral and used by many traders around the nations. The population of Nigeria is too high but bitcoin is a house hold name both old and young people know about Bitcoin. So the number there can be said to be incorrect compared to the total population in Nigeria and the number of youths In Nigeria who learn, trade and buy Bitcoin.
2692  Other / Beginners & Help / Re: Do the best out of what you can control on: October 23, 2022, 06:07:32 PM
I would never compare a forum to social networks. Posting pictures is one of the dumbest things to do. Waiting for likes is the same. A lot of people on the forum want privacy, don't they? What connects the forum with social networks?
Just come here with an open mind. If you see a useful and good post, give it merit. If you know the answer to the question, share your vision.
In the case of the OP, think about what you now have to say. Would it be really bright, or does it look like pouring water from a full bucket into an empty one?

Well your opinion is good but the way web2 works it's almost the same everywhere. They is no huge difference between this forum and a social media because social medias like twitter have special interest boards which is what a forum means in the networking terms. And if a user don't post or answer a question their account won't be visible in on the board or forums. Web2 is Web2 no difference. Reddit has upvotes and karma, webhostingtalk has likes, namepros has ranks etc. Unlike Web1, Web 2 allow users to post and share information on the internet which is how every other sites works including this forum and social media. They is no much difference just the Interface and how people utilize the niche they want. So if a person have an interest of ranking on any site including this forum they must be consistent to get visible and impressions in form of likes or merits. We are all here to learn and to learn you must acknowledge what you have learnt by creating threads to help build more knowledge into the subconscious. Sugar-coating the forum for newbies will end up having a forum where no much information will be shared when many of us stop using the forum due to businesses or other things. I think being consistent and learning truly is a good advise for the newbies and everyone cheers.
2693  Other / Beginners & Help / Do the best out of what you can control on: October 23, 2022, 04:34:07 AM
They are no difficulty in managing that which we can control, it's all over the web2 kind of internet, and one thing is under every creator's control  — post count. If done the right way with good and valuable pictures, write-ups, or videos the account builds, and the likes start coming in every day. The same applies to the forum. We can only control the post counts, and the result of our account growth depends on how well that which we can control is been managed. Think of the forum as another social media and apply the same method. Create good content and remain consistent from time to time. Most people post once a week or twice a week on social media even on their blog and maintained that frequency. I think if a person who wants to rank up in the forum is frequent with the number of times they visit the forum and make good quality content they will always strive, so far the content is quality.

Since we can't control the amount of merit a post is to get for us, then the right thing to do is worry about the one in your control if it can make good out of that which you can't control.
2694  Other / Beginners & Help / Re: What do I need to know has a newbie on: October 22, 2022, 06:08:58 PM
The only thing I think you should know is be careful with the choices you take on the cryptocurrency space. If you have money to invest into cryptocurrency as a newbie the market is bearish and loosing money now is at high risk. I'd advise you to think of a business to start under cryptocurrency niche. It could be a site or products and services. These are long term investment with lesser risks compared to the risk involved in buying and holding crypto especially for a person who is not used to the market fluctuations. Think and research about businesses available on the cryptocurrency niche and note those which you can handle and start with them. It takes time but, you could become another CZ In the next 3-5 years.
2695  Other / Beginners & Help / Re: What's up with ranking on: October 22, 2022, 05:54:00 PM
OP don't take advice from anybody except yourself, the only thing available here is a guide to what you want it's left for you to advice yourself on what to do, so that you won't have to blame any forum member for losing funds. Go through all the threads in the forum that looks like an advice most of them carry under it and quote “not a financial advice" do your own research.
2696  Alternate cryptocurrencies / Altcoin Discussion / Re: Need help with bch on: October 21, 2022, 10:19:37 AM
Try importing it on a mobile app wallet. The price may show.
2697  Other / Beginners & Help / Re: Be patient, don't get discouraged. on: October 19, 2022, 06:51:17 AM
I think the merit system was created for these people who have no interest about being full fletched members of this forum. Anyone that wants to contribute will definitely keep in touch with the forum whenever possible. However, most people prefer getting crypto information from other communities other than Bitcointalk just like most of us are not active on Reddit, Twitter etc. They are many channels for Bitcoin lovers if only they wanted to contribute here, they'll share information from the channels they are active on.
2698  Bitcoin / Bitcoin Discussion / Re: How would the world be if Bitcoin wasn't created on: October 19, 2022, 06:35:14 AM
Without Bitcoin and cryptocurrency they will be no Bitcointalk forum that's one thing that would have happened to the world.

They is no much difference between people that don't know about Bitcoin and those who know Bitcoin. Nothing special would have happened to the world. Technology evolves with time. What would have happened to the world if they was no electricity? They will be no computers resulting to no internet and Bitcoin, but people existed without electricity in the past. Hence, we appreciate technology because it makes things easier and one tech leads to another. Cryptography birthed cryptocurrency and exchanges which created more employments; the key to livelihood.
2699  Bitcoin / Bitcoin Discussion / Re: Help me out!! Exam-related questions on: October 19, 2022, 06:21:06 AM
OP this thread should be moved to the service section, endeavor to attach the amount of Bitcoin you'll pay the person that will solve the questions. Assignments are not done free anywhere online. Follow the right section, don't abuse this section because the forum is Keen to help and tolerate any kind of question relating to bitcoin. These questions are too numerous to tackle so make an offer on the service section if you need help.
2700  Bitcoin / Bitcoin Discussion / Re: Did a business proposal of paying 440 nights this Hotel for 1 BTC, October/2022 on: October 19, 2022, 06:04:51 AM
The deal will be more interesting if the management agree in terms of bitcoin volatility; if the Bitcoin price hits 30k your duration will increase to 540 days and if it drops to 15k your stay will decrease to 340 days.  Grin
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