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2901  Bitcoin / Bitcoin Discussion / Re: Remember Bitfinex Exchange Hack of 2016 ? The stolen bitcoins are moving! on: February 03, 2022, 02:59:04 PM
At least in Bitcoin we all get a warning about these stolen coins and then all the analysis machines will track all the wallets that those coins are sent to.
The impact of gold and jewelry thefts disappears over time, and then, in less than several years, thieves will be able to quietly take them out and sell them in any market outside the country from which they were stolen.

Let's see how long it will take the authorities to catch them.
2902  Economy / Exchanges / Paxful Launches Bitcoin Education Center In El Salvador on: February 03, 2022, 02:45:14 PM
Paxful today announced the launch of 'La Casa Del Bitcoin', a new education and training center in El Salvador providing free and accessible learning opportunities around Bitcoin to build financial inclusion.

Ray Youssef, co-founder and CEO of Paxful, said,

Quote
"It's no secret that Bitcoin is shaping the future of finance in El Salvador and beyond. Education continues to be a key driver of global Bitcoin adoption, and this new center represents its importance to the creation of an inclusive financial system. From the small merchant to the Bitcoin enthusiast, we're excited to learn from the people and share the power of Bitcoin for freedom and equal financial access."

Yusuf Nessary, Director of Philanthropy of Built With Bitcoin Foundation, said,

Quote
"We're excited to build a home for the Built With Bitcoin Foundation in El Salvador and expand our impact. The projects that we are launching demonstrate the power of Bitcoin as a philanthropic tool to aid change and further financial freedom. We're grateful for the opportunity to deliver resources and continue building equitable opportunities for countless people and communities who bring our mission to life."

https://www.globenewswire.com/news-release/2022/02/02/2377790/0/en/Paxful-Launches-Bitcoin-Educational-Center-in-Heart-of-El-Salvador.html



Recent opinion polls have shown that citizens of El Salvador have overwhelmingly rejected his Bitcoin law, with 70% of Salvadorans wanting to repeal it and see it as a misunderstanding and a lack of education on the assets.

Some also say that the adoption of Bitcoin is related to major companies such as Starbucks and McDonald's, and to varying degrees from the general public.
2903  Economy / Trading Discussion / Re: The market is confusing on: February 02, 2022, 07:40:30 PM
I'm going to quote this picture:



Source: https://bitcointalk.org/index.php?topic=5384056.0
February looks good historically, but this year is exceptional, we haven't seen it reach its peak ($100k) next year.
Positive hint: We started the year with a low price and also the month, so it will be a positive month anyway.

Will we return to 40k, 50k, 60k or more, this is must be your question
2904  Local / Türkçe (Turkish) / Re: Bitcoin'in Geçmiş Yıllardaki Aylık Performansı on: February 02, 2022, 07:05:24 PM
Doğrudan güncellenen canlı veriler veya tablolar var mı? Yoksa görüntünün kaynağı mı?
Şubat ayı tarihsel olarak iyi görünüyor, ancak bu yıl istisnai, önümüzdeki yıl zirveye (100 bin dolar) ulaştığına tanık olmadık.
Olumlu yönler: Yıla çok düşük bir fiyatla ve aynı zamanda ay ile başladık, yani her halükarda olumlu bir ay olacak.
2905  Alternate cryptocurrencies / Altcoin Discussion / Re: Son of elon on: February 02, 2022, 05:08:48 PM
Stay away from any coin/token bearing a name, or trying to promote the name of Elon Musk or anything related to Elon Musk's interests:

  • Elon Mask Coin.
  • Tesla coin.
  • Moon coin.
  • Mars coin.
  • Dogecoin.

It does not matter the trading volumes, the amount of profit, the amount of return, the developing team, no matter how real that information seems to be, but it is very good to be true project (the best success will be pumping and dumping coin)

2906  Other / Beginners & Help / Re: New stealer that steals data from crypto wallets and 2FA plugins on: February 02, 2022, 04:02:37 PM
How can this stolen data affect the protection of users? They are privacy statements rather than security holes.
Moreover, Mars Stealer will capture and send the following basic information to the C2:

Quote
IP and country
Working path to EXE file
Local time and time zone
Language system
Language keyboard layout
Notebook or desktop
Processor model
Computer name
User name
Domain computer name
Machine ID
GUID
Installed software and their versions

quote source https://www.bleepingcomputer.com/news/security/powerful-new-oski-variant-mars-stealer-grabbing-2fas-and-crypto/

It targets the user's personal activity such as politicians, social attacks, people tracking and other data.
Data is important to marketers as well, but promoting it as Russian or automatically shutting down when it finds a Russian ID means nothing.
2907  Other / Beginners & Help / Re: Useful Bot for reverse image search or find fake team photos. on: February 02, 2022, 03:53:49 PM
Can the bot find the modified images, such as those that have been photo-shopped, or change the lighting, invert the colors, or use black and white?
Scammers are getting smart and most projects have become dependent on those black and white images.
If the bot was able to discover it, it would be a great thing.

Some scammers are using Instagram photos because the algorithm gives privacy to users.
2908  Other / Beginners & Help / Re: What is the relation between the Seed Words and the Private key? on: February 02, 2022, 03:30:46 PM
The master private key is used to generate a master public key via elliptic curve multiplication.
I have read somewhere that knowing one or more private keys of the same seed may lead to the discovery of all the private keys.
I'm not sure exactly what this information is, but it's something close to that.


The case was related to the sale of one of your private keys (hardforks days) and keep using the wallet seed to generate other addresses/pvtkeys
2909  Other / Beginners & Help / Re: [Merit] Hey newbies post here and get merit and up your Rank. on: February 02, 2022, 03:10:59 PM
A while ago I set up a quiz, but it was for fun, so why not make such an idea and whoever can solve it will be rewarded.



You can use them to get ideas, information or questions.
Gaining a merit should be easy and a quick internet search will enable you to get it.
Distribution of merit points like this is not ideal, perhaps it is more useful to review previous posts or ask members for things they learned from the forum.
2910  Economy / Speculation / Re: BTC Sentiment Poll for Feb on: February 01, 2022, 07:54:48 PM
Technical charts are a reflection of the market but they are not accurate as many of them break easily if there is a reason for the price to go down.

The content in the section depends on the nature and direction of the market.

  • If it is bullish, you will find excessive optimism (when the price will break 50 thousand dollars, 70 thousand, 100 thousand, 240 thousand)
  • the opposite if the price drops (we will return to the price of 20 thousand, 30 thousand) and others.

Forum members failed to predict unstudied fluctuations such as

  • what happened in March 2020
  • November/December 2017
  • February/April 2021

took the discussions on the wall if you want to hear more detached comments about the price (posts there are not paid and therefore members are not obliged to participate)
2911  Economy / Speculation / Re: Bitcoin on its way to $100000?! on: February 01, 2022, 07:45:01 PM
You give a small hint, but the answers to the following questions are the necessary variables. What will it be? What will ATH be? Correction amount? -82%,-92%,-72% And quick correction? Or it will be slowly.

We have already experienced a 50% retracement, so 70k probably won't be ATH of this year. Previous corrections were very sharp and therefore we will see prices like 120k for short periods followed by a big correction in the price.

If we do not reach that price before the end of the year, all previous models will be useless in the future.
2912  Other / Meta / Re: [Request] Update quotes after editing post. on: February 01, 2022, 07:25:39 PM
All posts that you have shared and have been modified (after a while) are archived, so changing quote post will not help you to hide any thing.
There are useful cases to modify databases such as there is personal data shared by mistake then you can ask the user or administrator, to delete or modify it from the database.


The response will vary from case to case, I remember once someone posted my private key, but remember that any shared reply has been archived.
2913  Other / Meta / Re: [Userscript] Unofficial Bitcointalk Reporter Badges on: February 01, 2022, 07:13:10 PM
 I'm using the phone now, I'll try it later.
So my Holmes badges are gone? What badges were used, because I see different formations?
Does bad reports affect the rating? or only good reports?

I suggest getting a Holmes badge when you reach a certain number "300 report", then changing the color every level.






There are some good badges on that topic, I was hoping the user would have the option to use the occasion with him.
2914  Economy / Exchanges / Re: Secure Asset Fund for Users (SAFU) on: February 01, 2022, 06:36:18 PM
If Bitmex was hacked, this fund would not help in such a situation. I think Bybit too has such a fund.
I did not read about them in detail, in-short Binance is the only one who has such Fundl for (protecting money in case of hacking)
Do these Funds (Bitmex, Bybit) cover exchange bugs?

This is obviously not enough to cover anything, it's just created as marketing propaganda for fake safety.
From a legal point of view, the cooperation of the platform and its desire to return part or all of the hacked funds is considered sufficient for most of the community.
If there is a hack and Binance decides to return 30% of the money directly and 70% for the next 3-5 Years, part of the users will be happy and some may continue to use it.

Binance is expanding in a way that harms cryptocurrencies in the short term, so the existence and guarantee of such funds would be good.
at least making sure that it is subject to management from several parties and that the currencies are in cold storage.
2915  Bitcoin / Legal / Re: Senator from Mississippi introduces bill to recognize Bitcoin in the state code on: February 01, 2022, 06:29:31 PM
On the downside, I am afraid that KYC restrictions will be imposed on exchanges and third-party services and this will indirectly bring cryptocurrencies under the control of the government.
The transparency in Bitcoin makes the possibility of adoption easy.

  • if a good amount is invested in tracking coins to ensure that all transactions are subject to taxes.
  • the simple investor cannot hide his coins from the eyes of the authorities for a long time.

I'd be surprised if it was recognized as legal tender or some bitcoin was bought as a precaution, risk diversification or investment.
2916  Economy / Exchanges / Secure Asset Fund for Users (SAFU) on: January 31, 2022, 10:21:26 PM
When the Secure Asset Fund for Users (SAFU) was established, Binance committed 10% of all trading fees in order to grow it to a sizable level to safeguard users' interests, the release added.

Binance CEO Changpeng Zhao (CZ) published the wallet addresses: https://blockchair.com/bitcoin/address/1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD

And he said:

Quote
"We call on all centralised exchanges to do the same as it will benefit the entire ecosystem and demonstrate to governments, regulators and important stakeholders our collective commitment to uphold trust, integrity and transparency in the crypto ecosystem," he said. 

Binance isn't the only exchange which has taken this step. BitMEX is known for its large emergency fund: https://www.bitmex.com/app/insuranceFund


Source: https://www.theblockcrypto.com/linked/132443/binance-builds-up-1-billion-insurance-fund-to-cover-potential-hacks


Do you think that creating such funds would be good for users and sufficient as a hedge if there were hacks?
Do you think it has enough assets to cover all the technical problems that will occur? And what if all crypto exchange do this?
2917  Alternate cryptocurrencies / Altcoin Discussion / Re: Syn City Metaverse on: January 31, 2022, 10:10:25 PM
Percentage of the developer team owning the tokens and the decentralized distribution of the tokens gives you a good measure of whether the currency is good for the medium and short term.

There is 1 billion supply and the upward path of the coin is not as expected.
Most currencies will rise if the price of Bitcoin rises, so the opportunity will be good if you invest in most of them, but it will be bad if you decide to invest in this currency and it does not rise.

Therefore, invest in good Metaverse coins and take advantage of your profits to invest in Syn City when its price is fixed and did not rise like other Metaverse.

#Most Metaverse coins are Scam or bump/dump it is better to risk with profits.
2918  Bitcoin / Legal / BEWARE: Coinbase and IRS audit. on: January 31, 2022, 09:31:53 PM
If you have some coins in the Coinbase account and forget to use it, the IRS may be notified of any profits you make even if you do not use that account.
Coinbase reports all transactions and sends them to the tax authority, which may result in some losses to you.

you can read some stories here:

Quote
On May 12 I sold 1.95 bitcoin on coinbase. I got an email saying the transaction was canceled. Then I successfully sold 1.95 bitcoin. Coinbase is reporting the cancelled transaction as 2 sell transactions of 1.95 bitcoin each. I've been in contact with Coinbase since May trying to get this fixed. I contacted my state's attorney general and coinbase responded to the AG with lies. Now Coinbase is reporting this as 3 sell transactions for 1.95 bitcoin and according to my coinbase tax report is reporting a $94,000 income on one of the 2 cancelled transactions. I did not receive $94,000 from Coinbase. I have filed complaints and helpdesk tickets with coinbase. Coinbase is incorrectly reporting to the IRS and giving me an erroneous $94,000 tax liability.

Source: https://www.reddit.com/r/CoinBase/comments/rhouqt/coinbase_not_reporting_transactionstax_properly/

Quote
In 2017 I bought about $5,000 in bitcoin and forgot about it until 2020, whereas I pulled out about $7,000 (about $2k profit). Skip to this week where I tried to get a loan on a house and found out I had a lien against me for $105k. I called IRS and they told me Coinbase reported I earned $192,097.11 in 2018 (which I didn't). If I earned that and it was in my account I would be happy to pay my taxes on it. I have only earned about $2,000 in my life trading crypto. I checked my account to confirm I didn't have almost $200k sitting there and I did not. I downloaded my "Gain/Loss" report from 2018 (posted in the image above) which shows I didn't earn or lose and money in 2018.

Source: https://www.reddit.com/user/pineapplelavaplanet/

More:

https://www.reddit.com/r/Bitcoin/comments/sh2dqc/beware_coinbase_caused_me_to_be_audited_by_the/
https://i.redd.it/6k1wonjh81f81.png
https://www.coindesk.com/markets/2020/11/24/coinbase-ditches-us-customer-tax-form-that-set-off-false-alarms-at-irs/



There are more cases but if you have any account it is better to withdraw the money and delete/freeze it.
It may cause you some losses when the bitcoin price goes up and you may fail to be able to withdraw it in time.
2919  Bitcoin / Legal / Re: Senator from Mississippi introduces bill to recognize Bitcoin in the state code on: January 31, 2022, 09:22:33 PM
I am not very knowledgeable about the particularities of these U.S. states, but as in the case of Arizona, it seems to me a double-edged sword. On the one hand, I'd rather see legislation introduced to regulate Bitcoin rather than ban it, but on the other hand, I don't know if all this is going to end up in more and more state control through KYC rules. My guess is that it will, and I don't see how there could be massive global adoption otherwise, as states are not going to let huge amounts of money escape their control.


People are afraid of the lack of regulatory cover and therefore the existence of regulations is good.
Privacy has value and it is difficult for the average user to maintain privacy, there is no problem with KYC for most users.

Decentralization means that the money is not in the hands of the government.

The government wants to know where this money is. When they knows, they will own it.
The problem they have is not in obtaining the money, but rather in not hiding it from them.


That's even more positive. So this state is now planning to regulate the crypto assets and willing to provide a legal framework around it. Also they are planning for inclusion of financial institutions within the framework. These are positive developments.

I don't know how the final version of the law will be.
2920  Economy / Trading Discussion / Re: Best strategy for crypto trading on: January 30, 2022, 09:51:47 PM
The strategy varies depending on the plan you put in place, the return on investment, the money you have and the period you want to invest in.

  • If you want to invest in the long term, investing in bitcoin is the best, followed by ETH, and I do not advise you to invest more.
  • Investing for a week to 3 month depends on risk, as many altcoins give higher profits than Bitcoin, but it is for a limited period.
  • Daily investing is the most risky and requires knowledge of trading, technical knowledge, and how to protect your currencies.

The easiest strategy is, whenever the price is low, buy more and don't think about selling +10 years.
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