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2681  Bitcoin / Hardware wallets / Re: Ledger Nano hardware wallet Phishing email about KYC out there on: February 21, 2023, 12:07:30 PM
The firmware upgrade thing is a tender subject, because it is a nightmare ... or rather it was a nightmare to upgrade the firmware for the Ledger Nano ..the last time I did it.   Roll Eyes

In that case, you didn't do it for quite a long time, because in that regard, things improved to the point where it became a very quick and painless process. I say this as someone who, like many, had a very bad experience with it in the past.

As for scam e-mails, I stopped paying attention to them a long time ago, and I marked even legal e-mails from Ledger as spam, so I got rid of that hassle.
2682  Economy / Economics / Re: Keanu Reeves says Principle behind Cryptocurrency is Amazing on: February 21, 2023, 11:50:23 AM
~snip~
And I pity the people who invest in something that got promoted by a celebrity.

It's not that I don't care that people lose their money because they very easily fall under the influence of celebrities, but obviously for the majority of those who want to invest their money, it is very important that someone else be the one to decide for them, because in case of failure, they will blame someone else more than themselves.

It's all a bit funny to me sometimes, because it seems to me that just one announcement from a famous person can convince thousands or maybe even millions to do something that has no logic at all. But in the market there have always been those who act like wolves, and those who act like sheep - and we all know how the latter end up when they play with wolves.



~snip~

Are you sure you understand what this is about? KR did not mention Bitcoin or blockchain, and all this other talk has nothing to do with decentralization, and it is even less "amazing" considering that at least 9 out of 10 of these projects will end badly for investors.
2683  Bitcoin / Bitcoin Discussion / Re: Revisiting Bitcoin ATM Data and Current Growth World Wide on: February 21, 2023, 11:10:50 AM
I can't even imagine why people desided ATM is a good idea

Why would that idea be bad if it allows people to buy or sell Bitcoin in a very simple and familiar way? Although regardless of the fact that the idea itself is good, some things that are included in that idea are not very good, and I mean mostly very high fees and possible violation of privacy. Each service therefore has its own advantages and disadvantages, it is a matter of personal choice what one chooses, or whether one has a choice at all.
2684  Economy / Speculation / Re: All of the World’s Money and Markets in One Visualization on: February 21, 2023, 10:57:32 AM
In uncertain times, when the global recession is expected, 3% on cash, even if below the inflation rate, is still a sensible choice for someone who does not want to take high investment risk.

There is logic in what you say, especially if interest rates on time deposits in banks are between 0.5 and 1%, so that 3% (or even a little more) does not look so bad. However, when you look at the minimum investment which is 500 EUR, and after 2 years you will get about 530 EUR + if you need the money before the bond's maturity, there is a high probability that you will get less money than you invested.

It is far from the fact that I will advise someone what to do with their money, but I know that I would rather invest in something else that can very likely bring me a profit of at least x2 or x5 in the same period, regardless of the risk that always exists.
2685  Other / Meta / Re: Newbie account got a username change ! First one in my eyes on: February 21, 2023, 10:33:21 AM
Too much noise for nothing, as if changing the name is something that happens rarely, regardless of whether it is a Newbie or any other rank. The only thing that plays the biggest role in whether someone's request will be approved is whether someone is asking for it to protect their privacy or if they just want a new nickname because they don't like the old one.

Some members have been approved for a name change more than once and I don't think it was ever a problem as long as the reason for the change was justified.
2686  Other / Beginners & Help / Re: What is your profit taking strategy? on: February 20, 2023, 04:40:37 PM
~snip~
Just wondering what everyone else does when it comes to taking profits?

Who says we all have the same goal? I'm not saying that I wasn't once in your shoes, but the whole point is not that you only care about profit, but that you sometimes try to use Bitcoin as a currency - there are certainly some things that you could buy/pay for online.

If you only want to make a profit then try to play it safe, buy during a bear market, start selling when we are in the middle of a big bull run and keep doing it as the price rises. There is no other great wisdom in all this, because it all boils down to how consistent you are and how well you know how to judge the moment, and of course whether you can control your greed.
2687  Bitcoin / Bitcoin Discussion / Re: I want to surprise a friend on: February 20, 2023, 04:11:40 PM
I agree with some of the members who pointed out that we already have topics like this and that everyone should use the forum search option more - but for me, the fact that someone wants to give something to someone as a gift is not a very important issue here - I would first ask myself how to do it on a safe and appropriate way so that everything is not in vain.

In my opinion, it would be appropriate to first gift a hardware wallet to a friend or teach him how to use a non-custodial wallet, and only then consider a gift in the form of BTC. Of course, all this in order to prevent the surprise from turning into an unpleasant surprise in the future.
2688  Bitcoin / Bitcoin Discussion / Re: Does anybody know the documentary starring theymos? on: February 20, 2023, 03:44:02 PM
Lol, I also noticed that and it made me laugh a lot =)))

I used to laugh at such posts, but when you read at least a dozen of them every day, you realize that you only have two options - ignore or report to moderator button. In any case, I hope you find what you are looking for Wink



Funny, I PMed theymos telling him that people are trying to dox him.
---
I would still suggest you not to disclose personal information here, maybe try investigation board, because it's hidden from google and scrapers.

I don't know where you see someone trying to expose someone? All the information in this thread has been publicly available for years, and anyone who knows how to use the forum search engine or any public search engine can find this information. This nonsense about someone deleting every post or thread in which someone's name is mentioned is pure nonsense, because the thread I quoted has existed since 2011 and do you really think that the admin would not have removed it by now if he considered it necessary?

In addition, he shares his first and last name with dozens of other people, and most people who would like to investigate further would get stuck at that step.
2689  Economy / Speculation / Re: All of the World’s Money and Markets in One Visualization on: February 20, 2023, 11:44:46 AM
I'm not saying it'll be easy for Bitcoin at all. I'm just pointing out that there are still opportunities and rationale for further growth. But anything is possible, it could get replaced by Dogecoin for what we know Smiley

Of course it is possible, to the same extent as it would be possible if Mr. Mars contacted me and offered me a golden ticket for a trip to his dearest planet Grin

Joking aside, we shouldn't be fooled by the fact that anything other than fully centralized crypto projects can get global political support - and the average person already today has a hard time understanding the difference between Bitcoin or CBDC and will always choose something backed by the state rather than something like Bitcoin.

Here, as an example, I will state that for the first time in history, my country is issuing state bonds, the purchase of which ordinary citizens will be able to participate, and the interest rate is about 3% with a maturity of 2 years. I don't have to tell you that the interest is significant and that it might not be enough for everyone, but to people it seems like a smart investment.
2690  Economy / Economics / Re: Bank of Russia to Pilot CBDC in April on: February 20, 2023, 11:25:54 AM
Russia desperately needs means for the various countries pay for the gas and oil they still manage to sell. And if those payment methods are under the radar, even better.

Russia has been talking about digital currency for a long time, but I don't think it will be some kind of payment method that will help them trade with other countries - because realistically, despite all the sanctions, they manage to trade with countries like China, India or Iran.

And related to the population.. we see most of the Russians do whatever they're told to do. So CBDCs for population will be a great success (if no notable errors will be there and some hackers will become billionaires overnight).

It's no secret that CBDC only means more control over finances and the loss of all privacy for ordinary people, so I think that's the main goal. Ordinary people will have the least benefit from it, but as you say, in that country, ordinary people are not asked for their opinion, similarly to China.
2691  Bitcoin / Bitcoin Discussion / Re: If AI were to somehow hack into Bitcoin Core on: February 20, 2023, 10:51:09 AM
@tread93, unfortunately, you don't ask questions that have too much to do with reality - because 2-3 days ago you wondered if Satoshi left some kind of hidden entrance, today you think that AI will succeed in somehow harming Bitcoin - even though AI will not be intelligent enough for a long time to even recognize what is in a certain photo, let alone carry out sophisticated attacks on something much more complex.

Here, read something interesting - and solve reCaptcha less because that's how AI becomes smarter Smiley

If you can identify what’s in these images, you’re smarter than AI
2692  Bitcoin / Bitcoin Discussion / Re: Does anybody know the documentary starring theymos? on: February 20, 2023, 10:33:01 AM
In fact, it is not his real name but the name he uses on the bitcoin.org website, no matter how much you search for it, no information will come up. Because he has hidden all the information from the website. Moreover, it is better not to openly discuss such reputable users like them in the forum.

First, you say that it is impossible to find any information, and then you post a link that leads directly to the identity of the admin? However, I don't think it's such a security problem because @theymos identity has been known for a long time and he never hid it, and long ago he explained his reasons for not wanting to do it.

At some point I might want to take credit for my Bitcoin activities, so I don't want to use a fake name. In fact, I would list Bitcoin Block Explorer on my résumé if I was applying for a relevant job this year, since that's the biggest and most public programming project I've ever done.

Using a non-obvious pseudonym might be a good idea for people who want to be anonymous. It adds some apparent credibility, I think.
2693  Bitcoin / Bitcoin Discussion / Re: Revisiting Bitcoin ATM Data and Current Growth World Wide on: February 20, 2023, 10:04:42 AM
Nothing has changed in terms of the fact that we still have the absolute dominance of North America (US&Canada) over the rest of the world, so all those stories about some kind of unfriendly attitude of the US towards Bitcoin are not justified at all. Not only do they have the largest number of crypto ATMs, but there are also the most powerful companies in the world of cryptocurrencies, and this includes not only trading, but also mining, which according to some data has over 35% share in the US.

If we take into account the ATM number, the fact that it is mostly the most expensive way to buy/sell BTC - then the conclusion is drawn that Americans show a great interest in exactly this way of trading, and that high fees are not a problem for them.
2694  Bitcoin / Bitcoin Discussion / Re: I asked - Which country is best suited to adopt Bitcoin in 2023? on: February 19, 2023, 04:33:44 PM
Answers provided by AI have no value, they are just some sort of average of answers given by humans on the public segment of the Internet. There is no original though, no conscious effort, no intelligence. Often times if you read carefully what AI produces, it's just nonsense, but it's got to a level where it's grammatically correct, so at first glance it looks impressive.

That's right, AI just has a huge database that is not even up to date and based on that it creates answers like this. Although everyone immediately remembers El Salvador because it is the first country in the world to declare Bitcoin as legal tender, data shows that the rate of real adaptation in that country is even lower than in some other countries that no one else actually mentions.

I don't see any specific country as the "best" in terms of the question posed by the OP, because the whole thing about someone looking at the success and adaptation of Bitcoin in a country through how much a country supports it is not something that should be the most important in the whole approach. Asking permission or legitimacy from politics/state to use Bitcoin is a bit absurd, because not even Satoshi contacted the FED or ECB and asked their opinion - their opinion is known to everyone anyway.
2695  Economy / Services / Re: [FULL] ChipMixer Signature Campaign | Sr Member+ on: February 19, 2023, 04:05:36 PM
The new signature design fits better on phone screen, but still the last part is missing, it shows (ChipMix) and no logo on the right side of the screen, can we make the font size for "reinvented" smaller to fix that?

I confirm that on the mobile Chrome the signature is cut off in the ChipMix part (on the right - more precisely in half of the x) and that the last part is missing - and as far as I remember, this was not the case before.
2696  Economy / Economics / Re: The Return of the Barter Trade at Rural Communities in Nigeria on: February 19, 2023, 03:43:09 PM
From what I read on the forum from members of the Nigerian community, it seems that their authorities are not quite capable of dealing with problems in an efficient and less destructive way for their citizens, although they are constantly trying something, so someone could perhaps say that with time they might learn something on their mistakes. It is a weak consolation for those who suffer because of it, but if you have a political alternative, then as a people you must show the will for change in the next elections.



As for barter trading, I can only say that it still exists in countries that are far more developed than Nigeria, and I have personally witnessed it in the rural areas of my country where people who live from agriculture exchange their products. People used to do this on a much larger scale because they were much more focused on production, but the more the human population moved to big cities, the more they became dependent on money and shops.

Unfortunately, this turned out to be a big problem, because if someone closes banks and ATMs, and if the distribution chains are also disrupted, then we have an angry and dangerous mass of people who are ready for anything.
2697  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 19, 2023, 03:21:53 PM
Nice but I hope they don't actually use printed menus; not for the sake of the planet but for their sanity as they will have to alter their prices quite regularly until Bitcoin becomes the global currency.

As long as the price of BTC goes up and as long as the price of a few thousand or a few tens of thousands of Sastoshi does not seem like much to the buyer, I don't think the owner will worry too much about the menu - but after the price of BTC is double what it is today, I would seriously consider paying 1 salad $20 or more.

An electronic menu in a visible place that would automatically adjust to the BTC price would definitely make more sense.
2698  Other / Meta / Re: Why not force bounties off site? on: February 19, 2023, 03:01:58 PM
The forum administration does not consider it a problem to the extent that it would ban such activity, similar to the position with signature campaigns - therefore banning both is the last option, although I think signature campaigns have a better chance of being banned than bounty. I say this for the reason that signature campaigns have exposure on the entire forum, while bounty campaigns are mostly limited to one board.

Personally, bounty campaigns are more problematic because they enable various scam projects to get a lot of visibility for a very small price, and they often don't pay anything under the pretext that the results didn't satisfy them. Therefore, I would first of all protect beginners who are exposed to what in some cases can be called digital exploitation in such a way that I would prohibit Newbie and Jr.Member ranks from participating in such campaigns at all.

In general, I agree that the administration should not encroach on the freedoms that have existed on this forum since its inception, but it should still adjust them a little.
2699  Other / Archival / Re: Bitcoin 2008/09-2024 History Paperback/Hardcover Book on: February 19, 2023, 02:17:34 PM
It was a decent move imo. While the hashtags are unrelated, it gives good visibility for the tweet. Don't forget that while you like it or not, a good chunk of people who follow those hashtags could be interested in such books as well.

Maybe they would be interested, but maybe not - because I doubt that people who are mostly deeply immersed in altcoins have the slightest desire to study the history of Bitcoin. If we're going to be honest, for many, the history of Bitcoin only begins at the end of 2017, when Bitcoin actually entered the mainstream.

I can't say for sure, but it seems that I read on the forum a few years ago that someone had a similar idea as the OP, so although I have nothing against people writing books, a good part of the history of Bitcoin is also contained on this forum. In any case, I hope that the book will not promote things that have nothing to do with Bitcoin, as is usually the case nowadays.
2700  Other / Archival / Re: Bitcoin 2008/09-2024 History Paperback/Hardcover Book on: February 19, 2023, 12:02:05 PM
I will join those who don't understand why their name should be published in your book even if they donate $2? Would these names be in the sense of something like "special thanks to the members of the bitcointalk forum for their support in writing the book", or in some other context? There were definitely members on the forum who are worth mentioning in the book, and there are also those who are active today, and I hope that they will be mentioned without donating anything.

What I also don't like are the hashtags you use in your post, because what does your Bitcoin book have to do with all those altcoins you're indirectly promoting?
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