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2901  Economy / Gambling discussion / Re: Problem with Freebitco.in Provably Fair Engine on: August 03, 2022, 11:55:45 AM
he said that freebitcoin is literally a money printing machine

Use your brain. If this would be for real, in how many days hours minutes would the owner get bankrupt?

He then proceeds to tell me that he wont tell me the seccrets to freebitco until I have one whole bitcoin on there because otherwise ill just loose my money

I have a feeling that you also joined under his ref link, so he was earning money from your every bet and so on. It's a much more reliable way to earn there than betting.

then he made the mistake of showing me a PORTION of his hilo session screen recording. I was like "haha im not supposed to see that its tempting!", then he says "im showing this to motivate you to get one bitcoin onto this platform.

Are you sure this "cousin" is part of the family and it's not just a random youtuber?
I'm asking because it looks like this guy had a very good strategy to get you hooked.

on loose increase bet by 96%

This looks like Martingale to me. A great strategy to make you think you cannot lose, until you get a long enough losing streak and you get burnt big time.

Thoughts? im down 0.12 btc so your feedback, insight, anything would help.

A Hi-Lo game is.. like any casino game. Now think, how many go out richer from a casino?
So you've got hooked to gamble under somebody's ref link. You were amongst the vast majority who's losing in this kind of games. You're amongst the hopefully few who failed to understand that a casino is not charity (and definitely not a money prinitng machine) and you should gamble for fun, not to earn money.

Now, if you'll try to recover those money, the chances are bigger you lose even more. So, if you don't plan to just play small amounts you afford, for having fun, you better give up "earning from hi-lo games" and find yourself more lucrative ways to earn money. Kinda expensive way to learn, you could have been asking first, you would have gotten this lesson for free...
2902  Bitcoin / Bitcoin Discussion / Re: How do whales keep their massive amounts of bitcoin? on: August 03, 2022, 11:38:16 AM
Do they use cold wallets for it like everyone else? If so, do they keep everything in one wallet or do they split the bitcoin into several different wallets?

I don't think that a real whale keeps all his coins on hardware wallets. Cold storage, maybe with multisig would be the proper way. Also splitting, especially to not attract attention for the amount held in one address, may be in order. HW is great for smaller amounts, like what they'd keep with them when going out.
However, I would also not be surprised if there are whales keeping their coins at exchanges (!), especially in order to use them for trading, earning more, and, why not, manipulating the market a little when they can. Clearly, I talk here about whales who don't rely only on bitcoin for having all the goods they want in this life.

But.. this is how I imagine them. How do they behave in reality... we may never know.
2903  Local / Romānă (Romanian) / Re: Concursuri/tombole pe bitcointalk (sau pe aprope) on: August 03, 2022, 11:15:01 AM
Suuuper! Ma bucur tare mult ca ai reusit sa intri in posesia coletului / premiului.

Multumesc!

Vezi, pana la urma nu e chiar atat de rau sistemul postal Smiley Oricum, partea buna e ca (1) nu ai lasat totul balta si ca (2) te-ai dus la timp acolo, pentru a cere personal informatii... Cine stie, poate, daca mai intarziai cateva zile situatia se schimba complet... in sensul ca, poate, coletul ar fi fost trimis inapoi de unde a venit.

Nu e chiar asa rau, desi nu-i durea mana sa continue sa lucreze cu AWB-ul pe care coletul deja il avea si sa poata omul sa vada in ce stadiu se afla. Si na, daca trebuie sa ne bucuram pentru ceva ce ar trebui sa fie absolut normal (un colet sa ajunga la destinatie), inseamna ca nu doar mentalitatea noastra, ci si modul de lucru al Postei mai necesita imbunatatiri  Wink

Oricum, una peste alta, totul e bine -- chiar bines! Smiley

(nu am inteles acel bines)

Sper ca acum vei reveni asupra deciziei de a nu mai participa la unele concursuri Smiley

Da, clar. S-ar putea, totusi, sa devin un pic mai selectiv.

Si, ca o curiozitate, am vazut ca avem un scris aproape identic

Te referi la postarea de concursuri noi? Ca acolo mai fac copy-paste de unde apuc (iau o postare anterioara si o modific), deci este posibil ca uneori (in graba) sa te fi copiat pe tine si nu pe mine, cel putin partial (scuze, o sa imi dau silinta sa fiu mai atent).
In rest, nu stiu, nu sunt convins  Shocked
2904  Economy / Reputation / Re: Goodbye, world! on: August 03, 2022, 08:13:46 AM
On first look at your post I was under the impression that Lauda had returned and there was movement on her account. Then I realised it was something else. If you mean merits, I see 15 merits added to Lauda since the previous month. Which balance are you referring to?

If I'm not confusing anything, then the balance on Lauda's account has changed.  Shocked


He may be referring to the balance of bc1qt2mdkehmphggajer3ur3g8l754scj4fdrmw3rn (the address for Lauda related puzzle). From the original 0.001 BTC now it has 0.00333333 BTC. Some more coins were sent there less than one month ago.
.. Just that's not Lauda's wallet, from what I know.
2905  Economy / Lending / Re: Loan of about 40 BTC on: August 02, 2022, 06:20:14 PM
We are looking for a business loan of  40 BTC.  We have four projects planned in the crypto space.

We will payback the loan after 2 years with annual interest rate of 8%

We are completely new to this Lending forum.
 For now looking for inputs how to go about such loan amount. Any help would be appreciated. (E.g. is it better to get loan from a bank?)

40 BTC is a huge number. Nobody will risk so much money here, nobody will want to show they have such big amounts here. Also 2 years is a very long time.
Here I see mostly short-term micro-loans, not such big scale lending.

Then you have to provide proper collateral. There's a pinned topic on that, you may want to read. Simply, if you have the proper collateral you may be better off just selling that.


Even more, when I see people asking here for a "business loan" I pretty much think that somebody, again, just wants somebody act as "angel investor" for their business, i.e. give the money, take the risks and "we'll see".
So yeah, unfortunately I don't think that you have chances here to get such an amount of money.
2906  Economy / Collectibles / Re: [Free Raffle] Pizza Day Raffle - 4 cards - 4 winners on: August 02, 2022, 06:04:55 PM
I finally received the card. My country's postal service has scared me since it has kept the package for almost a month under the radar (although it had international AWB, there was no longer tracking at all after arriving into the country), but all is good when it ends good, I've received it. This it the beauty:



Thank you MoparMiningLLC for the raffle and the prize!
And obviously thank you MinerJones for flawlessly handling the shipping!
2907  Bitcoin / Bitcoin Discussion / Re: The Papa John's store that made the Bitcoin pizzas in 2010 now has a plaque on: August 02, 2022, 05:55:13 PM
This was a historic moment in Bitcoin, and it's good to see that it's being commemorated.

Indeed. It's nice to have.

However, I'm on same page with mk4 here: this matters more for bitcoiners than to Papa John's; they've accepted it because, hey, a bit more publicity never hurts, but at the end of the day they're not that much into bitcoin, so, meh.
2908  Economy / Gambling discussion / Re: Will you stop gamble if your girl friend insists ? on: August 02, 2022, 05:42:06 PM
What if their girl friend insists you to stop gambling  Huh Will you Stop  Tongue

It's a good question and it has two sides.

First part is usually the "why should I obey to a girl?" and so on. Well, it's up to you really and you can easily evaluate your relationship based on that. However, you should discuss this with her carefully, since she may just have misconceptions on gambling and all could be solved nicely in a way both or you are happy.

Second, if you "obey", you can show that you are serious about the relation and, even more, you can show to yourself that you're not actually addicted to that (which, don't be fooled, is always a possibility).


However, I cannot answer to "will you stop" since I don't gamble much and I'm also already married.
2909  Economy / Web Wallets / Re: I have to verify my blockchain account? on: August 02, 2022, 05:36:11 PM
And when I lose the Device I only need the Seed with 24 Words?

I will add here that if you ever lose the device it's recommended you move your funds away as soon as you can, preferably to another hardware wallet (new wallet there, not recovery), since with physical access hardware wallet can be compromised.
But yes, the seed usually suffice; I advise you also write down the fist address of the new wallet (or, better, the derivation path, if you're knowledgeable enough, but that may be too advanced).
2910  Bitcoin / Legal / Re: Celcius Already File Bankcruptcy on: August 02, 2022, 05:31:01 PM

As we keep telling, "not your keys, not your coins".
I pity the many who have handed out their money for the mirage of earning some more cents, since I expect those need their money the most.

its because they really want earn while holding as simple as that and nowadays platform like Celsius is everywhere even binance had their sub Binance earn

Of course that everybody has that. Everybody want your coins, no matter what nice advertising they put. They will make use of those coins and earn big bucks, you get some pennies and you also hold the risk. It's not worth it. The risk is too big for the benefit.
2911  Local / Romānă (Romanian) / Re: Concursuri/tombole pe bitcointalk (sau pe aprope) on: August 02, 2022, 09:53:27 AM
Hmm, ai dreptate. Nu o sa imi fie usor (program exagerat de strans), dar o sa incerc sa vad de colet chiar maine. In cel mai rau caz macar dau cateva telefoane. Multumesc de idee.

Ai reusit ceva? Smiley

Teoretic da. Practic inca trebuie sa vad.
Joi am dat niste telefoane, mi s-a spus ca au un colet/recomandata pentru mine (deci ar trebui sa fie acela!), dar nu am ajuns joi acolo. Mi s-a promis ca imi va fi pastrat.
Vineri am plecat "in excursie", m-am intors aseara. Azi ar trebui sa ajung la posta. Apoi o sa revin cu noutati  Wink

LE: L-am ridicat azi de la posta. E ce trebuie Cheesy. Am postat poza in concursul original.
Deci am avut noroc. Chiar daca nu l-au introdus in sistem (ceea ce e ciudat, ca macar la coletele prea mici ma asteptam sa apara "colet prea mic si de aceea nu il trecem in sistem", ca la prostioarele pe care le mai iau de pe AliExpress), dar au fost OK cei de la posta de aici.
2912  Economy / Web Wallets / Re: I have to verify my blockchain account? on: August 02, 2022, 09:48:02 AM
Try talking to their customer support to ascertain what services you're limited from and decide if you need to verify or not.

From what I know their customer support is too slow and useless for most users.

I don't use blockchain.com, I've used it a (very) little in the past. But doesn't blockchain.com allow to get the wallet seed? Can't that blockchain.com wallet get recovered into Electrum?
That's what I would do: get Electrum from electrum.org, verify the download, recover the wallet into Electrum and benefit of my bitcoin without KYC. Ideally I'd create a completely new wallet too and move my funds there (so my wallet seed is no longer linked to blockchain.com). And, if the funds are big, please consider buying a hardware wallet and sending them there.
2913  Bitcoin / Wallet software / Re: Twitter dude lost access to his bitcoin using his weird(?) setup on: August 01, 2022, 04:06:44 AM
My vote goes for bad passphrase.
There is no such thing as a bad passphrase.
it would just create new empty unused wallet with that soil.
PIN or password is a different story.

Bad passphrase as not 100% identical passphrase like the one set at the creation of the original wallet.
Better?

Something that has just occurred to me is that electrum may trim non-printable characters (was the original wallet created with electrum?)
2914  Other / Off-topic / Re: Computer and Phone Security Questions on: July 31, 2022, 08:51:34 PM
4. Seriously, just buy a hardware wallet.

The thing is.. OP does have a HW. But he has a habit of coming with overly newbish questions... on everything he touches.

My question now is... is my windows pc still safe or not?

If you have doubts, you have 2 options:
1. Go to a web page like Best antivirus rescue disks of 2022, pick one, download, burn to CD/DVD and boot from it. Let it update, let it clean whatever it finds (with a big remark that most do find false positives too) and then there's a very good chance you're OK (even if maybe it did find and cleaned unwanted stuff on your windows)
2. Get your computer to professionals to check it (with the risk they'll find out things you may not want to be found)



Some partly off-topic advises:
* if you are this scared because you have a significant amount of BTC on your Ledger, maybe you ask more about how to keep most of that money separately offline so you can sleep better
* if you have questions, it may be a good idea to keep it short. In this case Chromebook is one thing with one way of handling, Android is different, Windows is also different. So you may get mostly partial answers and a great mess in the thread.
2915  Economy / Speculation / Re: Is the bottom in for BTC? on: July 31, 2022, 07:40:45 PM
I am not 100% sure. This could be the bottom i.e at $20k - $22k or there could be one final capitulation to $13k for the final bottom.

Usually, BTC bottom is a drop down to 84% but again we have more awareness and adoption. From now on the drops might be smaller.

What do you guys think? Go with your gut

Your poll misses "I don't know". That's what I'd go with.
We may not go under 20k, we may go to 13k or maybe even 8-9k. Time will tell. Also in time we will know where was the bottom for this bear market.

If you find somebody who has a crystal ball, maybe you can can get better answers. I don't have one, so I wend for honest answer.

declared that the worst is over, however, how can we trust the words of someone who has a tattoo of Luna on his left arm?

 Grin Grin Grin good one!
Indeed, prediction is worthless, stop listening to all these personalities, they are just as clueless like everybody!
2916  Economy / Scam Accusations / Re: Loan Defaulted [anog] on: July 31, 2022, 07:26:57 PM
Meaning that you will now ask him to return 0.21 ETH or its equivalent on the date of the loan?

I guess that the first step would be a - any - communication get (re) established between the two parties.
Until then, this doesn't matter, sorry.
2917  Bitcoin / Bitcoin Discussion / Re: Let's have a realistic debate about the highest price of BTC on: July 31, 2022, 07:16:13 PM
so just run the math on mining costs and you have the answer

From what I understand OP wants a prediction for the future price .. no matter how far that future is?
If so, we cannot really predict how energy price will evolve, how the semiconductors and ASICs will evolve... hence, while your logic can be okay for short term, it cannot have enough data for way in the future.

Is there a price that BTC is limited to?

It's very hard to tell. I've seen answer that fiat is unlimited. That's correct, we don't know where inflation can get us. But I don't think that a huge percent of world fiat will ever get locked into Bitcoin, since if that would happen, world fiat would simply get replaced with bitcoin (and that would be one step farther than backing fiat with bitcoin).


So, like some memes show, at the point bitcoin would get to worth a huge amount of money, there may be that there will no longer be that kind of money.
2918  Bitcoin / Wallet software / Re: Twitter dude lost access to his bitcoin using his weird(?) setup on: July 31, 2022, 06:56:27 PM
True, but the guy in question here runs a bitcoin podcast and has 11k Twitter followers. He has recently interviewed people like Peter Todd and Pavol Rusnak (co-founder of Trezor). And yet still he seems to have failed in basic bitcoin 101 of making and checking a back up, and has potentially lost his coins. How can we expect newbies to do any better when crypto "influencers" (God I hate that word) who have spent thousands of hours immersed in all things cryptocurrency don't understand the basics and are teaching bad practices. He does seem to be sponsored by a custodial wallet/centralized exchange and an anti-privacy wallet though, so make of that what you will.

So the guy has made a nice business. Very smart of him.
Unfortunately, as seen even on this very forum, even high ranked people may have no idea about certain basic topics or may be completely wrong. That's why the first thing people have to learn is to cross-check every "information" they get. (Since I have kids I got to the point I need to do this even with medics!).

Your hardware device doesn't encrypt your wallet - it is the wallet.

We know this. And I thought it's already clear that this guy has no idea Wink

It sounds like he doesn't understand what a passphrase is or does. You can't just change it or remove it and expect to still access the same wallet.

Many think that passphrase is an encryption password for the seed. It's a bit confusing, since the word passphrase is also user for multi-word passwords.
And since it's clear that this guy took "shortcuts" instead of reading and understanding what he's doing, ... I'm not that much surprised by the confusion (!).

Yeah; BitBox does offer an 'easy' backup through an encrypted file on a microSD card, but you absolutely should also do a regular seed word backup.

Yep, I've read about that somewhere. But I find it more a confusing feature than a helpful one.
As must as we hate Ledger for their mistakes, at least they've kept the things simple so the average Joe cannot make mistakes too easy.
2919  Bitcoin / Wallet software / Re: Twitter dude lost access to his bitcoin using his weird(?) setup on: July 31, 2022, 12:45:06 PM
And yes, he has failed at the most basic task of ensuring he has a working back up.

I guess that we will have to insist more and more in telling people to verify the backups / restore options for their hardware wallets. People don't understand what they're doing and make mistakes. I expect to see problems more often, since most people just start using hardware wallets.



This means he either has the wrong passphrase or the wrong derivation path.

My vote goes for bad passphrase. Maybe an enter or space at the end; maybe upper case problem? I hope he can recover his funds.
2920  Economy / Economics / Re: Why is crypto going up after the news of being in a recession? on: July 31, 2022, 12:38:05 PM
I find it a bit odd that the market is pumping on the news of a recession.

I find it odd you call this pumping. Just put the charts on one-day mode and see what "pump for ants" we had.
And imho it's unrelated to the news about recession. It could be related to the news about stocks ending a good month. It could be related to the fact people start to buy, expecting the bear market to end. But again, it's just a move in the usual range, I don't see any big fuss in it.
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